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Sunday, August 23, 2026The Morning Brief →Sign in

TrueShares Structured Outcome (May) ETF

$36.74+0.35% today
313752-WK

The fund is an actively-managed ETF that seeks to achieve its investment objective by investing substantially all of its assets in options that reference the S&P 500 Price Index. It will purchase call options and sell (write) put options on the S&P 500 Price Index or an ETF that tracks the S&P 500 Price Index on each Initial Investment Day with an expiration on the next Roll Date. The fund is non-diversified.

Price & daily flows
35.934.232.436.74DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +9.8% so far this year. At 0.79% a year it is not the cheapest way in — IJH runs the same ground at 0.05%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$5343.16Tassets under management
0.79%expense ratio · $79 per $10,000 a year
net flow, trailing month
1Kavg daily volume, 30 days
5holdings
2021listed April 29, 2021 · beta 0.83
Sector weights
Government84.55%
Technology31.5%
Rights & Warrants15.33%
Financial Services12.47%
Healthcare12.01%
Consumer Cyclical10.02%
Communication Services9.28%
Industrials8.01%
Consumer Defensive5.99%
Energy3.86%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other100%
United States0.17%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.2%
1 month+2.9%
3 months+2.2%
6 months+9.6%
YTD+9.8%
1 year+12.8%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
10%realized volatility, 30 days (annualized)
11%realized volatility, 1 year
-9.8%deepest fall from a peak, 1 year
-1.3%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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