TrueShares Structured Outcome (January) ETFJANZ

TrueSharesDefined OutcomeHedged Equity#179 of 318 by YTD

$40.23

−3.5% last session

+5.6% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Aug 7, 2026 – Nov 5, 2026JANZS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−3.5%	−4.6%	−4.3%	+5.6%	+6.5%	+55.2%	+52.2%	+79.4%
Peer average	−2.4%	−3.8%	−3.5%	+4.0%	+4.9%	+51.4%	+49.5%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $41M
Expense ratio: 0.80%
Distribution yield: 1.3%
NAV: $41.64
Volume: 4K
Avg. volume 30D: 3K
High today: $40.59
Low today: $40.23
Previous close: $41.68
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+14.7%$641M

#2RFLRInnovator+10.6%$94.1M

#3JUNZTrueShares+9.5%$30.3M

#4PHEQEaton Vance+7.0%$151M

#5HEGDSwan+6.7%$739M

#6KSPYKraneShares+6.2%$135M

#7MAYZTrueShares+6.0%$33.4M

#8JULZTrueShares+6.0%$38.8M

#12JANZTrueShares+5.6%$41.2M

End-of-day Nov 6, 2026 · 29 Hedged equity ETFs by YTD

$10,000 in JANZ

$10,000 in JANZ became

$15,216

In the S&P 500 (VOO)

$17,156

Total return, dividends in · Oct 28, 2021 – Nov 5, 2026 · S&P 500 uses VOO

JANZ’s Top Holdings

Today

TREASURY BILL Treasury Bill B 12/24/2687.1%SPY 12/31/268.8%STATE STREET2.7%SPY 1SPY 1

TREASURY BILL Treasury Bill B 12/24/2687.1%SPY 12/31/268.8%STATE STREET2.7%SPY 1

Other

TrueShares JANZ · 16 holdings · top 14 shown · tile size = share of the fund · as of Nov 5, 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 5, 2026

Treasury’s Share of JANZ

Today

87.1%

$871 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 5, 2026

JANZ’s Share of Hedged Equity ETFs

Today

0.3%

of the $14.8B in 31 Hedged equity ETFs

JANZ$41.2M0.3%

HELO$4.9B33.3%

BALT$3.2B22.0%

28 others$6.6B44.5%

Hedged equity ETF AUM · Nov 6, 2026

JANZ Fee per $100 vs Peers

Today

$0.80a year
per $100

$80 a year on $10,000

HELO$0.50

FHEQ$0.52

BALT$0.69

JANZ$0.80

HEGD$0.88

SFLR$0.89

Expense ratio · Hedged equity peers · Nov 6, 2026

Inside JANZ

16 holdings · as of Nov 5, 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%Other100.2%Treasury BilTreasury Bill B 12/24/2687.1%

Technology37.9%Financial Services11.7%Communication Services10.0%Consumer Cyclical9.6%Healthcare9.1%Industrials8.4%Other100.2%Treasury BilTreasury Bill B 12/24/2687.1%

#	Ticker	Company	Weight ▼
1	—	Treasury Bill B 12/24/26	87.06%
2	—	SPY 12/31/26 C681.95 Euro Cash Flex	8.84%
3	—	State Street Inst U.s. Government Mmkt Admn Class	2.71%
4	—	SPY 12/31/26 C696.01 Euro Cash Flex	0.75%
5	—	SPY 12/31/26 C697.01 Euro Cash Flex	0.24%
6	—	SPY 12/31/26 C680.00 Euro Cash Flex	0.20%
7	—	SPY 12/31/26 C687.00 Euro Cash Flex	0.19%
8	—	SPY 12/31/26 C700.00 Euro Cash Flex	0.05%
9	—	SPY 12/31/26 C714.00 Euro Cash Flex	0.04%
10	—	Broker Sweep	0.04%

See all 16 holdings ↓

TechnologyFinancial ServicesCommunication ServicesConsumer CyclicalHealthcareIndustrialsConsumer DefensiveEnergyUtilitiesReal EstateBasic MaterialsOther

TrueShares JANZ · current holdings by weight · as of Nov 5, 2026 · each tile is one holding

All JANZ Holdings

16 holdings · as of Nov 5, 2026

JANZ

JANZ’s Holdings

Today

#
1	—Treasury Bill B 12/24/26	87.06%	$8,705.87	36.1M	$35.9M
2	—SPY 12/31/26 C681.95 Euro Cash Flex	8.84%	$884.25	404	$3.6M
3	—State Street Inst U.s. Government Mmkt Admn Class	2.71%	$270.67	1.1M	$1.1M
4	—SPY 12/31/26 C696.01 Euro Cash Flex	0.75%	$74.70	40	$308K
5	—SPY 12/31/26 C697.01 Euro Cash Flex	0.24%	$23.98	13	$99K
6	—SPY 12/31/26 C680.00 Euro Cash Flex	0.20%	$20.10	9	$83K
7	—SPY 12/31/26 C687.00 Euro Cash Flex	0.19%	$18.66	9	$77K
8	—SPY 12/31/26 C700.00 Euro Cash Flex	0.05%	$5.33	3	$22K
9	—SPY 12/31/26 C714.00 Euro Cash Flex	0.04%	$4.40	3	$18K
10	—Broker Sweep	0.04%	$4.30	18K	$18K
11	—SPY 12/31/26 C788.50 Euro Cash Flex	0.02%	$1.98	11	$8K
12	—SPY 12/31/26 C747.00 Euro Cash Flex	0.02%	$1.57	2	$6K
13	—SPY 12/31/26 C710.00 Euro Cash Flex	0.02%	$1.55	1	$6K
14	—SPY 12/31/26 C791.87 Euro Cash Flex	0.01%	$0.91	6	$4K
15	—SPY 12/31/26 P611.00 Euro Cash Flex	−0.00%	−$0.03	-1	−$111

TrueShares JANZ · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026

How It Compares

JANZ

TrueShares Structured Outcome (January) ETF’s Peers

YTD


HELO	J.P. MorganRead Desk	0.50%	+2.5%	+4.3%	$4.9B
BALT	InnovatorRead Desk	0.69%	+3.6%	+5.3%	$3.2B
SFLR	InnovatorRead Desk	0.89%	+2.8%	+3.6%	$2.2B
FHEQ	FidelityRead Desk	0.52%	+6.0%	+6.3%	$1000M
HEGD	SwanRead Desk	0.88%	+6.7%	+6.2%	$739M
JANZ	TrueSharesThis fundRead Desk	0.80%	+5.6%	+6.5%	$41M

Hedged equity peers · YTD and past-year returns · as of Nov 6, 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

+2.5%

+5.6%

JANZ wins+3.1 pts

Past year

+4.3%

+6.5%

JANZ wins+2.2 pts

Fee

0.50%

0.80%

HELO winslower fee

Yield

0.6%

1.3%

JANZ wins+0.8 pts

AUM

$4.9B

$41.2M

HELO119.0× more

3–1JANZ wins

J.P. Morgan HELO and TrueShares JANZ · year-to-date · as of Nov 6, 2026 · AUM not scored

JANZ vs VOO

YTD

JANZ · TrueShares Structured Outcome (January)

+5.6%

VOO · S&P 500

+8.4%

Gap

2.8 pts

TrueShares JANZ and Vanguard VOO · YTD total return · as of Nov 6, 2026

JANZ vs Its Peer Average

YTD

JANZAvsBPeer average

1D−3.5%−2.4%

1M−4.6%−3.8%

3M−4.3%−3.5%

YTD+5.6%+4.0%

1Y+6.5%+4.9%

3Y+55.2%+51.4%

5Y+52.2%+49.5%

4–3JANZ wins

30 Hedged equity peers · each row scaled to its leader

The Details

JANZ

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y11.19%

Deepest drop · 1Y−6.8%

Lowest point · 5Y−14.9%

52-week range

$40.23

$35.96−5.0% from the high$42.34

TrueShares JANZ · past-year price moves · as of Nov 6, 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 6, 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$41.64

Premium / discount[…]

Median spread · 30D[…]

Volume today4K

Average volume · 30D3K

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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