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TrueShares Structured Outcome (April) ETF (APRZ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

IssuerTrueMark Investments
Inception DateMar 31, 2021
RegionNorth America (U.S.)
CategoryVolatility Hedged Equity, Actively Managed
Index TrackedNo Index (Active)
Home Pagetruesharesetfs.com
Asset ClassEquity

Asset Class Size

Large-Cap

Expense Ratio

APRZ has a high expense ratio of 0.79%, indicating higher-than-average management fees.


Expense ratio chart for APRZ: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TrueShares Structured Outcome (April) ETF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in TrueShares Structured Outcome (April) ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


15.00%20.00%25.00%30.00%35.00%December2024FebruaryMarchAprilMay
34.60%
32.38%
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

TrueShares Structured Outcome (April) ETF had a return of 9.67% year-to-date (YTD) and 21.88% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date9.67%11.56%
1 month5.06%7.13%
6 months14.18%17.26%
1 year21.88%26.92%
5 years (annualized)N/A13.56%
10 years (annualized)N/A10.87%

Monthly Returns

The table below presents the monthly returns of APRZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.33%4.45%2.69%-2.92%9.67%
20234.88%-0.45%3.88%0.97%0.35%5.02%2.33%-1.15%-3.72%-1.25%6.26%3.62%22.23%
2022-4.13%-2.39%2.55%-6.42%0.56%-5.67%6.45%-2.50%-6.66%6.03%4.13%-2.79%-11.43%
20212.88%0.51%1.66%1.44%2.20%-3.44%5.00%-0.67%3.29%13.37%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of APRZ is 89, placing it in the top 11% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of APRZ is 8989
APRZ (TrueShares Structured Outcome (April) ETF)
The Sharpe Ratio Rank of APRZ is 9191Sharpe Ratio Rank
The Sortino Ratio Rank of APRZ is 9292Sortino Ratio Rank
The Omega Ratio Rank of APRZ is 9090Omega Ratio Rank
The Calmar Ratio Rank of APRZ is 9090Calmar Ratio Rank
The Martin Ratio Rank of APRZ is 8181Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for TrueShares Structured Outcome (April) ETF (APRZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


APRZ
Sharpe ratio
The chart of Sharpe ratio for APRZ, currently valued at 2.54, compared to the broader market0.002.004.006.002.54
Sortino ratio
The chart of Sortino ratio for APRZ, currently valued at 3.74, compared to the broader market0.005.0010.003.74
Omega ratio
The chart of Omega ratio for APRZ, currently valued at 1.46, compared to the broader market0.501.001.502.002.503.001.46
Calmar ratio
The chart of Calmar ratio for APRZ, currently valued at 3.03, compared to the broader market0.005.0010.0015.003.03
Martin ratio
The chart of Martin ratio for APRZ, currently valued at 10.04, compared to the broader market0.0020.0040.0060.0080.00100.0010.04
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.34, compared to the broader market0.002.004.006.002.34
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.31, compared to the broader market0.005.0010.003.31
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.90, compared to the broader market0.005.0010.0015.001.90
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.93, compared to the broader market0.0020.0040.0060.0080.00100.008.93

Sharpe Ratio

The current TrueShares Structured Outcome (April) ETF Sharpe ratio is 2.54. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of TrueShares Structured Outcome (April) ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.54
2.34
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

Dividends

Dividend History

TrueShares Structured Outcome (April) ETF granted a 2.64% dividend yield in the last twelve months. The annual payout for that period amounted to $0.86 per share.


PeriodTTM20232022
Dividend$0.86$0.86$0.15

Dividend yield

2.64%2.89%0.59%

Monthly Dividends

The table displays the monthly dividend distributions for TrueShares Structured Outcome (April) ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.86$0.86
2022$0.15$0.15

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2024FebruaryMarchAprilMay00
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the TrueShares Structured Outcome (April) ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the TrueShares Structured Outcome (April) ETF was 18.15%, occurring on Oct 12, 2022. Recovery took 168 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.15%Dec 28, 2021200Oct 12, 2022168Jun 14, 2023368
-7.22%Aug 1, 202363Oct 27, 202324Dec 1, 202387
-3.95%Apr 1, 202415Apr 19, 202418May 15, 202433
-3.84%Sep 7, 202120Oct 4, 202113Oct 21, 202133
-3.09%May 10, 20213May 12, 202120Jun 10, 202123

Volatility

Volatility Chart

The current TrueShares Structured Outcome (April) ETF volatility is 2.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%December2024FebruaryMarchAprilMay
2.08%
3.10%
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)