TrueSharesThematicDefense & Space#153 of 189 by YTD

TrueShares Patriot Defense ETFFLDZ

1D 1M 3M YTD 1Y 3Y5YMAX

S&P 500 Bucket avg Compare

$25.81+5.1%

+$1.25 · Nov 6 close

Buy

AUM: $6M
Fee: 0.40%
Yield: 1.7%

Bumpy · 1Y: 1.4×S&P
Volume: 6
NAV: $25.81

What's insideAll 66 →

CDRE 2.1%LOAR 2.1%SARO 2.0%TXT 2.0%

52-week range24% below the high

$24.56$34.15

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+5.1%	−4.2%	−22.0%	−10.7%	−9.4%	+25.8%	—	+9.0%
Peer average	+2.9%	−8.1%	−19.6%	−5.1%	−5.6%	+103.7%	+90.7%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

FLDZ in One Breath

FLDZ Among Defense & Space ETFs

YTD

#1UFOXDefiance+11.8%$733M

#2TSSDTruth Social+11.6%$6.3M

#3WARUS Global+5.4%$31.0M

#4GCADGabelli+2.0%$42.4M

#5UFOProcuream+1.1%$420M

#6PPAInvesco−1.8%$7.2B

#7ARKXARK−1.9%$737M

#8ITAiShares−3.4%$11.7B

#17FLDZTrueShares−10.7%$6.5M

End-of-day Nov 8, 2026 · 19 Defense & space ETFs by YTD

$10,000 in FLDZ

$10,000 in FLDZ became

$10,904

In the S&P 500 (VOO)

$16,448

Total return, dividends in · Jan 3, 2022 – Nov 6, 2026 · S&P 500 uses VOO

FLDZ’s Top Holdings

Today

CDRE2.1%LOAR2.1%SARO2.0%TXT2.0%LMT1.9%LHX1.9%TDG1.9%HEI1.9%HII1.9%GD1.8%BETA1.8%NOC1.8%EADSY1.8%VVX1.8%RTX1.8%SAABY1.7%GE1.7%KRMN1.7%NPK1.7%FINMY1.7%ARXS1.7%WWD1.7%

CDRECadre2.1%LOAR2.1%SARO2.0%TXT2.0%LMT1.9%LHX1.9%TDG1.9%HEI1.9%HII1.9%GD1.8%BETA1.8%NOC1.8%

Aerospace & Defense

TrueShares FLDZ · 66 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026

What FLDZ Holds

Today

Aerospace & Defense89.8%

CDRE 2.1 · LOAR 2.1 · SARO 2.0 · TXT 2.0 · LMT 1.9 · LHX 1.9 · TDG 1.9

Manufacturing - Metal Fabrication1.6%

ATI 1.6

Hardware, Equipment & Parts1.5%

ESE 1.5

Software - Infrastructure1.4%

PLTR 1.4

Steel1.3%

CRS 1.3

Telecommunications Services0.9%

ASTS

Other holdings3.4%

RYCEF 1.5

TrueShares FLDZ · share of the fund by industry · as of Nov 6, 2026

Cadre’s Share of FLDZ

Today

2.1%

$21 of every $1,000 in FLDZ is Cadre

Cadre held by FLDZ

$138K

Most Cadre per dollar

FLDZ2.1%

TrueShares FLDZ · each square = $10 of $1,000 · as of Nov 6, 2026

FLDZ’s Share of Defense & Space ETFs

Today

0.0%

of the $37.8B in 33 Defense & space ETFs

FLDZ$6.5M0.0%

ITA$11.7B31.0%

PPA$7.2B19.1%

30 others$18.9B49.9%

Defense & space ETF AUM · Nov 8, 2026

FLDZ Fee per $100 vs Peers

Today

$0.40a year
per $100

$40 a year on $10,000

XAR$0.35

ITA$0.37

FLDZ$0.40

SHLD$0.50

IDEF$0.55

PPA$0.58

Expense ratio · Defense & space peers · Nov 8, 2026

Inside FLDZ

66 holdings · as of Nov 6, 2026

FLDZ

TrueShares Patriot Defense ETF

Today

#	Ticker	Company	Weight ▼
1	CDRE	Cadre	2.14%
2	LOAR	LOAR	2.09%
3	SARO	StandardAero	1.98%
4	TXT	Textron	1.98%
5	LMT	Lockheed Martin	1.93%
6	LHX	L3Harris Technologies	1.91%
7	TDG	TransDigm Group	1.89%
8	HEI	Heico	1.89%
9	HII	Huntington Ingalls Industries	1.89%
10	GD	General Dynamics	1.84%

See all 66 holdings ↓

AerospaceManufacturing - Metal FabricationHardwareSoftware - InfrastructureSteelTelecommunications ServicesOther

TrueShares FLDZ · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 37.1%

All FLDZ Holdings

66 holdings · as of Nov 6, 2026

FLDZ

FLDZ’s Holdings

Today

#
1	CDRECadre	Industrials	2.14%	$214.24	4,084	$132K
2	LOARLOAR	Industrials	2.09%	$208.83	1,760	$128K
3	SAROStandardAero	Industrials	1.98%	$198.12	4,817	$122K
4	TXTTextron	Industrials	1.98%	$197.72	1,427	$122K
5	LMTLockheed Martin	Industrials	1.93%	$192.95	206	$119K
6	LHXL3Harris Technologies	Industrials	1.91%	$190.50	454	$117K
7	TDGTransDigm Group	Industrials	1.89%	$189.45	98	$117K
8	HEIHeico	Industrials	1.89%	$188.90	355	$116K
9	HIIHuntington Ingalls Industries	Industrials	1.89%	$188.66	401	$116K
10	GDGeneral Dynamics	Industrials	1.84%	$183.64	317	$113K
11	BETABETA Technologies	Industrials	1.81%	$181.17	4,634	$111K
12	NOCNorthrop Grumman	Industrials	1.79%	$179.31	210	$110K
13	EADSYAirbus SE	Industrials	1.79%	$179.12	1,980	$110K
14	VVXV2X	Industrials	1.78%	$178.06	1,480	$110K
15	RTXRTX	Industrials	1.76%	$176.24	565	$108K

TrueShares FLDZ · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

FLDZ

TrueShares Patriot Defense ETF’s Peers

YTD


ITA	iSharesRead Desk	0.37%	−3.4%	−1.0%	$11.7B
PPA	InvescoRead Desk	0.58%	−1.8%	−0.1%	$7.2B
SHLD	Global XRead Desk	0.50%	−9.9%	−11.6%	$5.9B
XAR	SPDRRead Desk	0.35%	−7.0%	−5.9%	$4.8B
IDEF	iSharesRead Desk	0.55%	−8.0%	−9.4%	$3.5B
FLDZ	TrueSharesThis fundRead Desk	0.40%	−10.7%	−9.4%	$6M

Defense & space peers · YTD and past-year returns · as of Nov 8, 2026 · sorted by AUM

Head to Head

Put FLDZ head to head with ITA →

ITA vs FLDZ

YTD

ITAiShares · Defense & spaceFLDZTrueShares · Defense & space

Year to date

−3.4%

−10.7%

ITA wins+7.3 pts

Past year

−1.0%

−9.4%

ITA wins+8.5 pts

Fee

0.37%

0.40%

ITA winslower fee

Yield

0.6%

1.7%

FLDZ wins+1.1 pts

AUM

$11.7B

$6.5M

ITA1816.6× more

3–1ITA wins

iShares ITA and TrueShares FLDZ · year-to-date · as of Nov 8, 2026 · AUM not scored

Defense & Space vs Thematic

Average · YTD

ITA

−3.4%

FLDZ

−10.7%

Thematic average

+3.5%

ITA, FLDZ and the average thematic ETF · YTD return · as of Nov 8, 2026

FLDZ vs VOO

YTD

FLDZ · TrueShares Patriot Defense

−10.7%

VOO · S&P 500

+8.7%

Gap

19.4 pts

TrueShares FLDZ and Vanguard VOO · YTD total return · as of Nov 8, 2026

FLDZ vs Its Peer Average

YTD

FLDZAvsBPeer average

1D+5.1%+2.9%

1M−4.2%−8.1%

3M−22.0%−19.6%

YTD−10.7%−5.1%

1Y−9.4%−5.6%

3Y+25.8%+103.7%

5Y[…]+90.7%

2–4Peer average wins

32 Defense & space peers · each row scaled to its leader

How Bumpy Is FLDZ?

View

FLDZ

How Bumpy

1.4×the S&P 500’s swings

CalmerBumpierS&P 1×FLDZ

Calmest of 7 defense & space fundsFLDZ

Other defense & space funds1.6× to 2.3×

TrueShares FLDZ · daily swings over the past year vs the S&P 500

FLDZ

Worst Drop

−28.0%from its Aug 14 high

Still below the high−24.4%

$10,000 at the high is now$7,560

TrueShares FLDZ · fall from the highest close, past year

FLDZ

On a Bad Day

0.9×the S&P 500’s fall

FLDZ’s worst day: Thursday, Nov 5

FLDZ

−5.8%

S&P 500

−4.4%

Up days50 of every 100

S&P 500 up days52 of every 100

TrueShares FLDZ · average move on days the S&P 500 fell

FLDZ

Return for the Bumps

1Y#6 of 7 defense & space funds

#1PPAInvesco

lost money

#2ITAiShares

lost money

#3XARSPDR

lost money

#4EUADSelect Funds

lost money

#5IDEFiShares

lost money

#6FLDZTrueShares

lost money

#7SHLDGlobal X

lost money

Every fund here earned less than cash (3.8%) over the past year; the bars still rank them by return for the bumps.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

FLDZ

Cost

Today

$40a year per $10,000

XAR

$35

ITA

$37

FLDZ

$40

SHLD

$50

EUAD

$50

IDEF

$55

PPA

$58

Expense ratio 0.40%, taken from the fund’s value

FLDZ

Volatility & Beta

19.3%annual volatility

S&P 500 volatility13.6%

Downside volatility14.3%

Beta vs SPY0.80

Correlation vs SPY0.56

Lowest beta of 7 defense & space fundsFLDZ

Daily total returns × √252 · past 254 trading days

FLDZ

Max Drawdown

−28.0%peak to trough

Peak closeAug 14, 2026

Current drawdown−24.4%

Worst day−5.79% · Nov 5

Closing prices, dividends in

FLDZ

Up / Down Capture

91%down capture vs SPY

Down days

91%

Up days

72%

S&P 500

100%

Up ÷ down capture0.79

Up days50.0% (S&P 52.0%)

Average daily move on SPY up days and down days

FLDZ

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
PPA	−0.28	−0.41	22.2%	−18.4%	0.94	$58
ITA	−0.31	−0.44	23.7%	−20.0%	0.94	$37
XAR	−0.43	−0.62	30.5%	−27.8%	1.38	$35
EUAD	−0.57	−0.83	29.3%	−22.0%	1.07	$50
IDEF	−0.67	−0.94	24.1%	−23.7%	1.17	$55
FLDZ	−0.69	−0.92	19.3%	−28.0%	0.80	$40
SHLD	−0.72	−1.03	25.8%	−25.4%	0.81	$50

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

FLDZ

Trading

Today

0.00%at its holdings’ value

Close$25.81

NAV$25.81

Fee per $10,000$40 a year

Avg. volume 30D1K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

FLDZ

Fund Facts

Today

2021launched Dec 30

Tracks[…]

Exchange · CUSIPCBOE · 210322715

StructureETF

Leverage1x

Cost on $10,000$40 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

TrueShares FLDZ · fund facts · as of Nov 8, 2026

FLDZ

Payouts by Year

$0.45per share, Dec 2025

Distribution yield1.7%

PaidOnce a year, in December

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

4 payouts added up$1.43 a share

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

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

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

Trading & Liquidity

Net asset value$25.81

Premium / discount[…]

Median spread · 30D[…]

Volume today6

Average volume · 30D1K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.40%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$40.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 24, 2025	Dec 26, 2025	$0.45
Dec 27, 2024	Dec 30, 2024	$0.32
Dec 27, 2023	Dec 29, 2023	$0.33
Dec 29, 2022	Jan 3, 2023	$0.33

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