TrueShares Structured Outcome (March) ETFMARZ

TrueSharesDefined OutcomeHedged Equity#202 of 318 by YTD

$36.11

+0.2% last session

+5.4% YTD

Data as of 11/6/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 5, 2025 – Nov 6, 2026MARZS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	−3.9%	−4.1%	+5.4%	+5.7%	+53.4%	+51.3%	+73.5%
Peer average	+0.2%	−3.6%	−3.7%	+3.9%	+4.6%	+50.1%	+48.8%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

Key Statistics

Open all fund facts →

AUM: $34M
Expense ratio: 0.79%
Distribution yield: 3.1%
NAV: $37.27
Volume: 70
Avg. volume 30D: 2K
High today: $36.11
Low today: $36.11
Previous close: $36.05
52-week high: $37.87
52-week low: $32.27
Our risk indicator: 3/5

MARZ in One Breath

MARZ Among Hedged Equity ETFs

YTD

#1SIXHMeridian+14.7%$641M

#2RFLRInnovator+11.3%$94.1M

#3PHEQEaton Vance+7.0%$151M

#4KSPYKraneShares+6.6%$135M

#5JUNZTrueShares+6.4%$30.3M

#6JULZTrueShares+6.3%$38.8M

#7MAYZTrueShares+6.2%$33.4M

#8SEPZTrueShares+6.1%$105M

#15MARZTrueShares+5.4%$33.5M

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

$10,000 in MARZ

$10,000 in MARZ became

$15,128

In the S&P 500 (VOO)

$17,177

Total return, dividends in · Oct 29, 2021 – Nov 6, 2026 · S&P 500 uses VOO

MARZ Returns by Period

Today

YTD

MAX

MARZ

+0.2%

−3.9%

−4.1%

+5.4%

+5.7%

+53.4%

+51.3%

+73.5%

Peer average

+0.2%

−3.6%

−3.7%

+3.9%

+4.6%

+50.1%

+48.8%

—

S&P 500 · VOO

+0.3%

−5.0%

−4.6%

+8.7%

+9.8%

+80.8%

+71.8%

—

End-of-day Nov 6, 2026 · total return, dividends in · peers = 30 Hedged equity ETFs

MARZ’s Defined Outcome Rank

YTD

#202of 318
defined outcome ETFs

Best · SIXH+14.7%

Average+5.9%

MARZ+5.4%

Worst · KBUF−16.9%

Defined Outcome ETFs by YTD return · Nov 6, 2026

MARZ Price and 52-Week Range

From the 52-week high

−4.6%

From the 52-week low

+11.9%

Today $36.11 – $36.11

Previous close $36.05

$36.11 now

52-week low$32.2752-week high$37.87

End-of-day Nov 6, 2026 · box = today’s range, dashed = previous close

MARZ’s Share of Hedged Equity ETFs

Today

0.2%

of the $14.8B in 31 Hedged equity ETFs

MARZ$33.5M0.2%

HELO$4.9B33.3%

BALT$3.2B22.0%

28 others$6.6B44.5%

Hedged equity ETF AUM · Nov 6, 2026

MARZ Fee per $100 vs Peers

Today

$0.79a year
per $100

$79 a year on $10,000

HELO$0.50

FHEQ$0.52

BALT$0.69

MARZ$0.79

HEGD$0.88

SFLR$0.89

Expense ratio · Hedged equity peers · Nov 6, 2026

Inside MARZ

19 holdings

MARZ

TrueShares Structured Outcome (March) ETF

Today

MARZ reports no holdings we can show: […]

TrueShares MARZ · holdings

How It Compares

MARZ

TrueShares Structured Outcome (March) ETF’s Peers

YTD


HELO	J.P. MorganRead Desk	0.50%	+2.7%	+4.3%	$4.9B
BALT	InnovatorRead Desk	0.69%	+3.8%	+5.5%	$3.2B
SFLR	InnovatorRead Desk	0.89%	+3.1%	+3.7%	$2.2B
FHEQ	FidelityRead Desk	0.52%	+6.0%	+6.1%	$1000M
HEGD	SwanRead Desk	0.88%	+4.0%	+4.2%	$739M
MARZ	TrueSharesThis fundRead Desk	0.79%	+5.4%	+5.7%	$34M

Hedged equity peers · YTD and past-year returns · as of Nov 7, 2026 · sorted by AUM

Head to Head

Put MARZ head to head with HELO →

HELO vs MARZ

YTD

HELOJ.P. Morgan · Hedged equityMARZTrueShares · Hedged equity

Year to date

+2.7%

+5.4%

MARZ wins+2.7 pts

Past year

+4.3%

+5.7%

MARZ wins+1.4 pts

Fee

0.50%

0.79%

HELO winslower fee

Yield

0.6%

3.1%

MARZ wins+2.6 pts

AUM

$4.9B

$33.5M

HELO146.2× more

3–1MARZ wins

J.P. Morgan HELO and TrueShares MARZ · year-to-date · as of Nov 7, 2026 · AUM not scored

MARZ vs VOO

YTD

MARZ · TrueShares Structured Outcome (March)

+5.4%

VOO · S&P 500

+8.7%

Gap

3.4 pts

TrueShares MARZ and Vanguard VOO · YTD total return · as of Nov 7, 2026

MARZ vs Its Peer Average

YTD

MARZAvsBPeer average

1D+0.2%+0.2%

1M−3.9%−3.6%

3M−4.1%−3.7%

YTD+5.4%+3.9%

1Y+5.7%+4.6%

3Y+53.4%+50.1%

5Y+51.3%+48.8%

5–2MARZ wins

30 Hedged equity peers · each row scaled to its leader

The Details

MARZ

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y10.88%

Deepest drop · 1Y−7.5%

Lowest point · 5Y−16.3%

52-week range

$36.11

$32.27−4.6% from the high$37.87

TrueShares MARZ · past-year price moves · as of Nov 7, 2026

MARZ

Fund Facts

Today

2021launched Feb 26

Tracks[…]

Exchange · CUSIPCBOE · 210322863

StructureETF

Leverage1x

Cost on $10,000$79 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

TrueShares MARZ · fund facts · as of Nov 7, 2026

MARZ

Payouts by Year

$1.13per share, Dec 2025

Distribution yield3.1%

PaidOnce a year, in December

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

5 payouts added up$5.48 a share

TrueShares MARZ · 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$37.27

Premium / discount[…]

Median spread · 30D[…]

Volume today70

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	$1.13
Dec 27, 2024	Dec 30, 2024	$1.43
Dec 27, 2023	Dec 29, 2023	$2.04
Dec 29, 2022	Jan 3, 2023	$0.19
Dec 29, 2021	Dec 31, 2021	$0.70

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