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TrueShares Structured Outcome (April) ETF (APRZ)

ETF · Currency in USD · Last updated Aug 13, 2022

APRZ is an actively managed ETF by TrueMark Investments. APRZ launched on Mar 31, 2021 and has a 0.79% expense ratio.

ETF Info

IssuerTrueMark Investments
Inception DateMar 31, 2021
RegionNorth America (U.S.)
CategoryActively Managed, Buffer
Expense Ratio0.79%
Index TrackedNo Index (Active)
ETF Home Pagetruesharesetfs.com
Asset ClassEquity

Asset Class Size


Trading Data

Previous Close$26.32
Year Range$23.52 - $28.56
EMA (50)$25.25
EMA (200)$26.01
Average Volume$272.78

APRZShare Price Chart

Chart placeholderClick Calculate to get results


The chart shows the growth of $10,000 invested in TrueShares Structured Outcome (April) ETF in Apr 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,517 for a total return of roughly 5.17%. All prices are adjusted for splits and dividends.

APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

APRZReturns in periods

Returns over 1 year are annualized


APRZMonthly Returns Heatmap


APRZSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current TrueShares Structured Outcome (April) ETF Sharpe ratio is -0.17. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

-0.500.000.501.00Apr 03Apr 10Apr 17Apr 24MayMay 08May 15May 22May 29Jun 05Jun 12Jun 19Jun 26Jul 03Jul 10Jul 17Jul 24Jul 31Aug 07
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

APRZDividend History

TrueShares Structured Outcome (April) ETF doesn't pay dividends

APRZDrawdowns Chart

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

APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

APRZWorst Drawdowns

The table below shows the maximum drawdowns of the TrueShares Structured Outcome (April) ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the TrueShares Structured Outcome (April) ETF is 17.63%, recorded on Jun 16, 2022. The portfolio has not recovered from it yet.



To Bottom


To Recover



-17.63%Dec 28, 2021119Jun 16, 2022
-3.84%Sep 7, 202120Oct 4, 202113Oct 21, 202133
-3.08%May 10, 20213May 12, 202120Jun 10, 202123
-2.94%Nov 19, 20218Dec 1, 20217Dec 10, 202115
-2.29%Dec 16, 20213Dec 20, 20213Dec 23, 20216
-2.23%Jul 13, 20215Jul 19, 20214Jul 23, 20219
-1.41%Jun 15, 20214Jun 18, 20214Jun 24, 20218
-1.33%Aug 17, 20213Aug 19, 20213Aug 24, 20216
-1.1%Dec 13, 20212Dec 14, 20211Dec 15, 20213
-0.9%Apr 19, 20212Apr 20, 20214Apr 26, 20216

APRZVolatility Chart

Current TrueShares Structured Outcome (April) ETF volatility is 11.33%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)