TrueShares Structured Outcome (January) ETFJANZ

TrueSharesDefined OutcomeHedged Equity#147 of 318 by YTD

$41.06

+0.2% last session

+7.7% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026JANZS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	−2.3%	−2.2%	+7.7%	+7.8%	+60.6%	+55.8%	+83.1%
Peer average	+0.2%	−2.0%	−1.7%	+5.8%	+6.0%	+56.0%	+52.4%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $41M
Expense ratio: 0.80%
Distribution yield: 1.3%
NAV: $40.99
Volume: 783
Avg. volume 30D: 2K
High today: $41.17
Low today: $41.06
Previous close: $40.96
52-week high: $42.34
52-week low: $35.96
Our risk indicator: 3/5

JANZ in One Breath

JANZ Among Hedged Equity ETFs

YTD

#1SIXHMeridian+17.5%$744M

#2RFLRInnovator+12.5%$95.5M

#3KSPYKraneShares+8.9%$133M

#4PHEQEaton Vance+8.8%$149M

#5JUNZTrueShares+8.4%$29.9M

#6JULZTrueShares+8.3%$38.2M

#7MAYZTrueShares+8.3%$32.9M

#8SEPZTrueShares+8.2%$104M

#10JANZTrueShares+7.7%$40.6M

End-of-day Nov 4, 2026 · 29 Hedged equity ETFs by YTD

$10,000 in JANZ

$10,000 in JANZ became

$15,583

In the S&P 500 (VOO)

$17,749

Total return, dividends in · Oct 26, 2021 – Nov 3, 2026 · S&P 500 uses VOO

JANZ’s Top Holdings

Today

TREASURY BILL Treasury Bill B 12/24/2688.4%SPY 12/31/267.8%STATE STREET2.8%SPY 1

Other

TrueShares JANZ · 16 holdings · top 14 shown · tile size = share of the fund · as of Nov 3, 2026

What JANZ Holds

Today

Technology37.9%

[…]

Financial Services11.7%

[…]

Communication Services10.0%

[…]

Consumer Cyclical9.6%

[…]

Healthcare9.1%

[…]

Industrials8.4%

[…]

Consumer Defensive4.6%

[…]

TrueShares JANZ · share of the fund by sector · as of Nov 3, 2026

Treasury’s Share of JANZ

Today

88.4%

$884 of every $1,000 in JANZ is Treasury

Treasury held by JANZ

$35.9M

TrueShares JANZ · each square = $10 of $1,000 · as of Nov 3, 2026

JANZ’s Share of Hedged Equity ETFs

Today

0.3%

of the $14.8B in 31 Hedged equity ETFs

JANZ$40.6M0.3%

HELO$4.8B32.7%

BALT$3.2B21.9%

28 others$6.7B45.2%

Hedged equity ETF AUM · Nov 4, 2026

JANZ Fee per $100 vs Peers

Today

$0.80a year
per $100

$80 a year on $10,000

SIXH$0.31

HELO$0.50

FHEQ$0.52

BALT$0.69

JANZ$0.80

SFLR$0.89

Expense ratio · Hedged equity peers · Nov 4, 2026

Inside JANZ

16 holdings · as of Nov 3, 2026

JANZ

TrueShares Structured Outcome (January) ETF

Today

Technology37.9%Financial Services11.7%Communication Services10.0%Consumer Cyclical9.6%Healthcare9.1%Industrials8.4%Consumer Defensive4.6%Other100.4%Treasury BilTreasury Bill B 12/24/2688.4%

Technology37.9%Financial Services11.7%Communication Services10.0%Consumer Cyclical9.6%Healthcare9.1%Industrials8.4%Other100.4%Treasury BilTreasury Bill B 12/24/2688.4%

#	Ticker	Company	Weight ▼
1	—	Treasury Bill B 12/24/26	88.44%
2	—	SPY 12/31/26 C681.95 Euro Cash Flex	7.81%
3	—	State Street Inst U.s. Government Mmkt Admn Class	2.75%
4	—	SPY 12/31/26 C696.01 Euro Cash Flex	0.65%
5	—	SPY 12/31/26 C697.01 Euro Cash Flex	0.21%
6	—	SPY 12/31/26 C680.00 Euro Cash Flex	0.18%
7	—	SPY 12/31/26 C687.00 Euro Cash Flex	0.16%
8	—	SPY 12/31/26 C700.00 Euro Cash Flex	0.05%
9	—	Broker Sweep	0.04%
10	—	SPY 12/31/26 C714.00 Euro Cash Flex	0.04%

TechnologyFinancial ServicesCommunication ServicesConsumer CyclicalHealthcareIndustrialsConsumer DefensiveEnergyUtilitiesReal EstateBasic MaterialsOther

TrueShares JANZ · current holdings by weight · as of Nov 3, 2026 · each tile is one holding

How It Compares

JANZ

TrueShares Structured Outcome (January) ETF’s Peers

YTD


HELO	J.P. MorganRead Desk	0.50%	+4.2%	+5.7%	$4.8B
BALT	InnovatorRead Desk	0.69%	+4.3%	+5.9%	$3.2B
SFLR	InnovatorRead Desk	0.89%	+5.4%	+5.5%	$2.2B
FHEQ	FidelityRead Desk	0.52%	+7.7%	+7.1%	$986M
SIXH	MeridianRead Desk	0.31%	+17.5%	+22.6%	$744M
JANZ	TrueSharesThis fundRead Desk	0.80%	+7.7%	+7.8%	$41M

Hedged equity peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put JANZ head to head with HELO →

HELO vs JANZ

YTD

HELOJ.P. Morgan · Hedged equityJANZTrueShares · Hedged equity

Year to date

+4.2%

+7.7%

JANZ wins+3.5 pts

Past year

+5.7%

+7.8%

JANZ wins+2.0 pts

Fee

0.50%

0.80%

HELO winslower fee

Yield

0.6%

1.3%

JANZ wins+0.7 pts

AUM

$4.8B

$40.6M

HELO119.4× more

3–1JANZ wins

J.P. Morgan HELO and TrueShares JANZ · year-to-date · as of Nov 4, 2026 · AUM not scored

JANZ vs VOO

YTD

JANZ · TrueShares Structured Outcome (January)

+7.7%

VOO · S&P 500

+11.5%

Gap

3.8 pts

TrueShares JANZ and Vanguard VOO · YTD total return · as of Nov 4, 2026

JANZ vs Its Peer Average

YTD

JANZAvsBPeer average

1D+0.2%+0.2%

1M−2.3%−2.0%

3M−2.2%−1.7%

YTD+7.7%+5.8%

1Y+7.8%+6.0%

3Y+60.6%+56.0%

5Y+55.8%+52.4%

5–2JANZ wins

30 Hedged equity peers · each row scaled to its leader

The Details

JANZ

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y10.58%

Deepest drop · 1Y−6.8%

Lowest point · 5Y−13.4%

52-week range

$41.06

$35.96−3.0% from the high$42.34

TrueShares JANZ · past-year price moves · as of Nov 4, 2026

JANZ

Fund Facts

Today

2020launched Dec 31

Tracks[…]

Exchange · CUSIPCBOE · 210322681

StructureETF

Leverage1x

Cost on $10,000$80 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

TrueShares JANZ · fund facts · as of Nov 4, 2026

JANZ

Payouts by Year

$0.54per share, Dec 2025

Distribution yield1.3%

PaidOnce a year, in December

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

5 payouts added up$3.61 a share

TrueShares JANZ · distributions by ex-date · 2021–2025

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$40.99

Premium / discount[…]

Median spread · 30D[…]

Volume today783

Average volume · 30D2K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.80%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$80.00

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	$0.54
Dec 27, 2024	Dec 30, 2024	$0.93
Dec 27, 2023	Dec 29, 2023	$0.77
Dec 29, 2022	Jan 3, 2023	$0.0538
Dec 29, 2021	Dec 31, 2021	$1.32

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