Aptus Collared Investment Opportunity ETF
Actively managed U.S. stock ETF
As of its 2026 Q2 report, Aptus Collared Investment Opportunity ETF held 205 positions with $2.28B in net assets. Its ten largest holdings made up 41.1% of the fund. The ACIO share class costs 0.79% a year. Over the 12 months to May 2026, ACIO returned 17.2%, with dividends reinvested. In 2026 Q3 it added 50 new positions and exited 29.
The Aptus Collared Investment Opportunity ETF (the Fund) seeks current income and capital appreciation.
The fund invests in U.S.-listed equities selected for dividend stability or growth potential, then sells covered call options on up to 100% of holdings and uses the premium to buy put options, creating a collar that caps upside while providing downside protection. Income comes from dividends and option premiums. The fund's returns depend on the adviser's assessment of which securities will maintain or increase dividends and on the adviser's timing and pricing of options rolled periodically to one to nine months out.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp | 7.93% | $180.88M | 906.3K | $199.57 |
GOOGAlphabet Inc | 6.58% | $150.11M | 393.0K | $381.94 |
AAPLApple Inc | 6.51% | $148.57M | 547.5K | $271.35 |
MSFTMicrosoft Corp | 4.94% | $112.74M | 276.5K | $407.78 |
AMZNAmazon.com Inc | 4.24% | $96.64M | 364.6K | $265.06 |
AVGOBroadcom Inc | 3.24% | $73.88M | 177.0K | $417.43 |
2.19% | $49.91M | 81.6K | $611.91 | |
1.98% | $45.12M | 50.7K | $890.11 | |
TSLATesla Inc | 1.77% | $40.33M | 105.7K | $381.63 |
1.73% | $39.39M | 119.4K | $329.84 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 205 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 101.38% |
| Cash & short-term | 0.39% |
| Derivatives | -1.94% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
By sector
- Information Technology
- 35.9%
- Financials
- 12.0%
- Communication Services
- 9.5%
- Consumer Discretionary
- 9.3%
- 10 other sectors
- 33.4%
- Information Technology
- 35.9%
- Financials
- 12.0%
- Communication Services
- 9.5%
- Consumer Discretionary
- 9.3%
- Health Care
- 8.6%
- Industrials
- 7.7%
- Consumer Staples
- 4.6%
- Energy
- 3.4%
- Other
- 2.5%
- Utilities
- 2.2%
- Real Estate
- 1.9%
- International
- 1.2%
- Materials
- 0.9%
- Cash
- 0.4%
How it has done
ACIO share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.60%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Aptus Collared Investment Opportunity ETF is an actively managed U.S. equity ETF. 21% of ACIO’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Expense ratio, by class
- 0.79%· ACIO 0.79%
- Portfolio turnover
- 44.00% a year · as of 2025 Q3
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
50 new· the largest 8
29 exited· the largest 4
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — ACIO, QQQ and the fund in my 401(k)?”
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