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The Aptus Drawdown Managed Equity ETF seeks capital appreciation with a focus on managing drawdown risk through hedges. Equity holdings are selected using a yield + growth framework, favoring companies who pass our requirements for growth, momentum, value, and yield.
Aptus Drawdown Managed Equity ETF trades on the BATS stock market under the symbol ADME.
As of March 11, 2025, ADME stock price declined to $44.40 with 33,546 million shares trading.
ADME has a beta of 0.90, meaning it tends to be less sensitive to market movements. ADME has a correlation of 0.98 to the broad based SPY ETF.
ADME has a market cap of $219.44 million. This is considered a Small Cap stock.
In the last 3 years, ADME traded as high as $48.57 and as low as $32.56.
ADME has underperformed the market in the last year with a return of +8.2%, while SPY returned +10.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ADME shares. However, ADME has outperformed the market in the last 3 month and 2 week periods, returning -7.4% and -6.1%, while SPY returned -7.5% and -6.9%, respectively. This indicates ADME has been having a stronger performance recently.
ADME support price is $44.18 and resistance is $45.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADME shares will trade within this expected range on the day.