TrueShares Structured Outcome (February) ETF (FEBZ) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FEBZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FEBZ
FEBZ charges 0.79% annually. There are 89 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | FEBZ vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | FEBZ vs APRB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | FEBZ vs JANB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | FEBZ vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | FEBZ vs FBUF |
Best Risk-Adjusted Alternatives to FEBZ
FEBZ has a PortfoliosLab risk / return rank of 60. There are 191 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | FEBZ vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | FEBZ vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | FEBZ vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | FEBZ vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 133.76M | Mar 2021 | FEBZ vs XBAP |
Top Performing FEBZ Alternatives (YTD)
FEBZ is at 7.05% YTD. There are 61 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | FEBZ vs NVDO | |
| FT Vest Emerging Markets Buffer ETF - March | 15.63% | — | Mar 2025 | FEBZ vs TMAR | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.48% | — | Jan 2025 | FEBZ vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.76% | 216.78M | Mar 2020 | FEBZ vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.60% | 563.55M | Mar 2021 | FEBZ vs QMAR |
Lowest Volatility Alternatives to FEBZ
FEBZ has 9.72% 1-year volatility. There are 240 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | FEBZ vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.21% | — | Apr 2025 | FEBZ vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.29% | — | Apr 2025 | FEBZ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.37% | 19.60M | Apr 2025 | FEBZ vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | FEBZ vs MMAX |
Lowest Drawdown Alternatives to FEBZ
FEBZ has a 1-year max drawdown of -7.14%. There are 199 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | FEBZ vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | FEBZ vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | FEBZ vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | FEBZ vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | FEBZ vs CPSM |
Other ETFs from TrueShares
The 10 most viewed TrueShares ETFs shown here include DIVZ, RNWZ, AUGZ and span 4 categories. AUM among these funds goes as high as $268M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Opal Dividend Income ETF | Large Cap Value Equities | 35 | 3.70% | 268.43M | Jan 2021 | FEBZ vs DIVZ | |
| TrueShares Eagle Global Renewable Energy Income ET... | Energy Equities | 73 | 14.05% | 5.97M | Dec 2022 | FEBZ vs RNWZ | |
| TrueShares Structured Outcome (August) ETF | Defined Outcome | 60 | 7.08% | 41.19M | Jul 2020 | FEBZ vs AUGZ | |
| TrueShares Structured Outcome (September) ETF | Options Trading | 59 | 7.26% | 126.49M | Aug 2020 | FEBZ vs SEPZ | |
| TrueShares Structured Outcome (March) ETF | Defined Outcome | 58 | 6.99% | 35.73M | Feb 2021 | FEBZ vs MARZ | |
| TrueShares Structured Outcome (December) ETF | Defined Outcome | 58 | 7.12% | 36.43M | Nov 2020 | FEBZ vs DECZ | |
| TrueShares Structured Outcome (October) ETF | Defined Outcome | 60 | 7.18% | 42.64M | Sep 2020 | FEBZ vs OCTZ | |
| TrueShares Structured Outcome (April) ETF | Defined Outcome | 53 | 6.47% | 32.82M | Mar 2021 | FEBZ vs APRZ | |
| Trueshares Structured Outcome (July) ETF | Options Trading | 57 | 7.33% | 33.26M | Jun 2020 | FEBZ vs JULZ | |
| TrueShares Structured Outcome (January) ETF | Defined Outcome | 62 | 7.23% | 41.07M | Dec 2020 | FEBZ vs JANZ |
Often Compared With FEBZ
Investors most often compare FEBZ with PQAP, EAPR, TWOX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FEBZ with Any Fund or Stock
Compare FEBZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FEBZ with funds that move differently
TrueShares Structured Outcome (February) ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEBZ.
Explore FEBZ Diversifiers