Aptus Laddered Buffer ETF (ABUF)

The Aptus Laddered Buffer ETF is an options-based equity fund from Aptus Capital Advisors. It seeks equity market participation with a degree of downside protection by holding a ladder of buffer strategies, each built with options and each covering a different outcome period with a staggered start date.

A buffer strategy absorbs a specified portion of an index's losses over its outcome period in exchange for a cap on upside participation. By laddering several of these positions across time, the fund avoids dependence on a single start date and smooths the timing of when caps and buffers are reset, so new shareholders are not tied to one specific period.

The fund trades on Cboe BZX under the ticker ABUF.