TrueShares Structured Outcome (April) ETFAPRZ

TrueSharesDefined OutcomeHedged Equity#176 of 318 by YTD

$40.52

+1.5% last session

+8.3% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 3, 2025 – Nov 4, 2026APRZS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.5%	−1.4%	−0.6%	+8.3%	+7.9%	+60.2%	+62.4%	+77.8%
Peer average	+0.9%	−1.5%	−0.7%	+6.7%	+6.9%	+56.2%	+54.5%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $33M
Expense ratio: 0.79%
Distribution yield: 3.1%
NAV: $39.85
Volume: 31K
Avg. volume 30D: 2K
High today: $40.61
Low today: $40.31
Previous close: $39.94
52-week high: $41.29
52-week low: $34.75
Our risk indicator: 3/5

APRZ in One Breath

APRZ Among Hedged Equity ETFs

YTD

#1SIXHMeridian+18.4%$744M

#2RFLRInnovator+13.7%$95.5M

#3KSPYKraneShares+10.3%$133M

#4PHEQEaton Vance+9.7%$149M

#5MAYZTrueShares+9.6%$32.9M

#6JUNZTrueShares+9.5%$29.9M

#7JULZTrueShares+9.5%$38.2M

#8SEPZTrueShares+9.5%$104M

#19APRZTrueShares+8.3%$32.7M

End-of-day Nov 5, 2026 · 29 Hedged equity ETFs by YTD

$10,000 in APRZ

$10,000 in APRZ became

$16,240

In the S&P 500 (VOO)

$18,115

Total return, dividends in · Oct 27, 2021 – Nov 4, 2026 · S&P 500 uses VOO

APRZ Returns by Period

Today

YTD

MAX

APRZ

+1.5%

−1.4%

−0.6%

+8.3%

+7.9%

+60.2%

+62.4%

+77.8%

Peer average

+0.9%

−1.5%

−0.7%

+6.7%

+6.9%

+56.2%

+54.5%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 30 Hedged equity ETFs

APRZ’s Defined Outcome Rank

YTD

#176of 318
defined outcome ETFs

Best · SIXH+18.4%

Average+8.3%

APRZ+8.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

APRZ Price and 52-Week Range

From the 52-week high

−1.9%

From the 52-week low

+16.6%

Today $40.31 – $40.61

Previous close $39.94

$40.52 now

52-week low$34.7552-week high$41.29

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

APRZ’s Share of Hedged Equity ETFs

Today

0.2%

of the $14.8B in 31 Hedged equity ETFs

APRZ$32.7M0.2%

HELO$4.8B32.7%

BALT$3.2B21.9%

28 others$6.7B45.2%

Hedged equity ETF AUM · Nov 5, 2026

APRZ Fee per $100 vs Peers

Today

$0.79a year
per $100

$79 a year on $10,000

SIXH$0.31

HELO$0.50

FHEQ$0.52

BALT$0.69

APRZ$0.79

SFLR$0.89

Expense ratio · Hedged equity peers · Nov 5, 2026

Inside APRZ

14 holdings

APRZ

TrueShares Structured Outcome (April) ETF

Today

APRZ reports no holdings we can show: […]

TrueShares APRZ · holdings

How It Compares

APRZ

TrueShares Structured Outcome (April) ETF’s Peers

YTD


HELO	J.P. MorganRead Desk	0.50%	+5.3%	+6.7%	$4.8B
BALT	InnovatorRead Desk	0.69%	+4.7%	+6.3%	$3.2B
SFLR	InnovatorRead Desk	0.89%	+6.7%	+6.6%	$2.2B
FHEQ	FidelityRead Desk	0.52%	+8.4%	+7.5%	$986M
SIXH	MeridianRead Desk	0.31%	+18.4%	+23.9%	$744M
APRZ	TrueSharesThis fundRead Desk	0.79%	+8.3%	+7.9%	$33M

Hedged equity peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put APRZ head to head with HELO →

HELO vs APRZ

YTD

HELOJ.P. Morgan · Hedged equityAPRZTrueShares · Hedged equity

Year to date

+5.3%

+8.3%

APRZ wins+3.0 pts

Past year

+6.7%

+7.9%

APRZ wins+1.2 pts

Fee

0.50%

0.79%

HELO winslower fee

Yield

0.6%

3.1%

APRZ wins+2.5 pts

AUM

$4.8B

$32.7M

HELO148.3× more

3–1APRZ wins

J.P. Morgan HELO and TrueShares APRZ · year-to-date · as of Nov 5, 2026 · AUM not scored

APRZ vs VOO

YTD

APRZ · TrueShares Structured Outcome (April)

+8.3%

VOO · S&P 500

+13.4%

Gap

5.0 pts

TrueShares APRZ and Vanguard VOO · YTD total return · as of Nov 5, 2026

APRZ vs Its Peer Average

YTD

APRZAvsBPeer average

1D+1.5%+0.9%

1M−1.4%−1.5%

3M−0.6%−0.7%

YTD+8.3%+6.7%

1Y+7.9%+6.9%

3Y+60.2%+56.2%

5Y+62.4%+54.5%

7–0APRZ wins

30 Hedged equity peers · each row scaled to its leader

The Details

APRZ

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y11.27%

Deepest drop · 1Y−8.8%

Lowest point · 5Y−13.9%

52-week range

$40.52

$34.75−1.9% from the high$41.29

TrueShares APRZ · past-year price moves · as of Nov 5, 2026

APRZ

Fund Facts

Today

2021launched Mar 31

Tracks[…]

Exchange · CUSIPCBOE · 210322855

StructureETF

Leverage1x

Cost on $10,000$79 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

TrueShares APRZ · fund facts · as of Nov 5, 2026

APRZ

Payouts by Year

$1.25per share, Dec 2025

Distribution yield3.1%

PaidOnce a year, in December

Latest ex-date · paidDec 24 · Dec 26, 2025

4 payouts added up$3.21 a share

TrueShares APRZ · distributions by ex-date · 2022–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-12-31 ↗SEC reported portfolio · 2025-09-30 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$39.85

Premium / discount[…]

Median spread · 30D[…]

Volume today31K

Average volume · 30D2K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.79%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$79.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 24, 2025	Dec 26, 2025	$1.25
Dec 27, 2024	Dec 30, 2024	$0.95
Dec 27, 2023	Dec 29, 2023	$0.86
Dec 29, 2022	Jan 3, 2023	$0.15

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