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TrueShares Structured Outcome (April) ETF (APRZ)

ETF · Currency in USD · Last updated Feb 4, 2023

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.)
CategoryVolatility Hedged Equity, Actively Managed
Expense Ratio0.79%
Index TrackedNo Index (Active)
ETF Home Pagetruesharesetfs.com
Asset ClassEquity

Asset Class Size

Large-Cap

Trading Data

Previous Close$26.39
Year Range$23.24 - $27.47
EMA (50)$25.51
EMA (200)$25.42
Average Volume$353.20

APRZShare Price Chart


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APRZPerformance

The chart shows the growth of $10,000 invested in TrueShares Structured Outcome (April) ETF in Sep 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,607 for a total return of roughly 6.07%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%OctoberNovemberDecember2023February
5.73%
4.28%
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

APRZCompare to other instruments

Search for stocks, ETFs, and funds to compare with APRZ

APRZReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M5.82%8.17%
YTD5.63%7.73%
6M2.90%-0.37%
1Y-3.58%-9.87%
5Y3.25%1.57%
10Y3.25%1.57%

APRZMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20234.88%
2022-2.50%-6.66%6.03%4.13%-2.79%

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 -0.21. 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.


-0.80-0.60-0.40-0.200.00OctoberNovemberDecember2023February
-0.21
-0.41
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)

APRZDividend History

TrueShares Structured Outcome (April) ETF granted a 0.56% dividend yield in the last twelve months. The annual payout for that period amounted to $0.15 per share.


PeriodTTM2022
Dividend$0.15$0.15

Dividend yield

0.56%0.59%

APRZMonthly 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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00
2022$0.15

APRZDrawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%OctoberNovemberDecember2023February
-7.06%
-13.76%
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 18.15%, recorded on Oct 12, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.15%Dec 28, 2021200Oct 12, 2022
-3.84%Sep 7, 202120Oct 4, 202113Oct 21, 202133
-3.09%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 7.93%. 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.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%OctoberNovemberDecember2023February
7.93%
16.33%
APRZ (TrueShares Structured Outcome (April) ETF)
Benchmark (^GSPC)