Risk Parity Radio Episode 46: The Monthly Rant About Financial Mis-wisdom And Answering A Listener Question About The DRSK Fund
In this episode we answer a question from listener Brett about the Aptus Defined Risk ETF and use David Stein's Ten Questions to Master Investing to analyze it, which are:
1. What is it?
2. Is it an investment, a speculation, or a gamble?
3. What is the upside?
4. What is the downside?
5. Who is on the other side of the trade?
6. What is the investment vehicle?
7. What does it take to be successful?
8. Who is getting a cut?
9. How does it impact your portfolio?
10. Should you invest?
Additional Links:
Referenced Insurance Policy Illustration: https://photos.app.goo.gl/Bjf6u7Vyy8HZz4VF6
DRSK Fact Sheet: https://aptusetfs.com/wp-content/uploads/2021/01/DRSK-Fact-Sheet-Jan-2021.pdf
DRSK Strategy Paper: https://aptusetfs.com/wp-content/uploads/2020/09/Part-1-Sporadic-Asymmetry.pdf
DRSK Semi-Annual Report: https://aptusetfs.com/wp-content/uploads/2020/12/Aptus-10.31.20-Semi-Annual-Report-Web-Ready-Version-Public.pdf
DRSK Correlation Matrix: https://www.portfoliovisualizer.com/asset-correlations?s=y&symbols=DRSK%2C+VTI%2C+VUG%2C+VIOV%2C+TLT%2C+GLD%2C+VNQ%2C+PFF&timePeriod=2&tradingDays=60&months=36
RPR Episode With Big ERN's Option Writing Strategy and Links: RPR Episode 40