Aptus April Buffer ETF

Aptus April Buffer ETF is an actively managed defined-outcome exchange-traded fund designed to track the share price performance of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while seeking to buffer the first 15% of losses over each annual outcome period. The fund uses FLEX Options to structure its return profile and resets its outcome parameters each April, making it a rules-based product focused on balancing growth participation with downside protection. Aptus April Buffer ETF is aimed at investors seeking broad U.S. equity exposure through a structured buffer strategy rather than direct index replication. It primarily serves the large-cap U.S. market and is used as part of the growing category of buffered and defined-outcome ETFs, which are commonly employed for portfolio risk management and equity market participation.