TrueShares Structured Outcome (March) ETFMARZ

TrueSharesDefined OutcomeHedged Equity#153 of 318 by YTD

$37.24

+1.2% last session

+8.7% YTD

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

Dividend-adjusted total return · S&P 500 uses VOO · Aug 6, 2026 – Nov 4, 2026MARZS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.2%	−1.5%	−0.7%	+8.7%	+8.1%	+60.0%	+57.5%	+79.0%
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: 3.0%
NAV: $36.81
Volume: 2K
Avg. volume 30D: 1K
High today: $37.31
Low today: $37.23
Previous close: $36.80
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+18.4%$635M

#2RFLRInnovator+13.7%$96.7M

#3KSPYKraneShares+10.3%$135M

#4PHEQEaton Vance+9.7%$150M

#5MAYZTrueShares+9.6%$33.0M

#6JUNZTrueShares+9.5%$29.9M

#7JULZTrueShares+9.5%$38.3M

#8SEPZTrueShares+9.5%$104M

#14MARZTrueShares+8.7%$33.1M

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

$10,000 in MARZ

$10,000 in MARZ became

$15,753

In the S&P 500 (VOO)

$18,115

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

MARZ Returns by Period

Today

YTD

MAX

MARZ

+1.2%

−1.5%

−0.7%

+8.7%

+8.1%

+60.0%

+57.5%

+79.0%

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

MARZ’s Defined Outcome Rank

YTD

#153of 318
defined outcome ETFs

Best · SIXH+18.4%

MARZ+8.7%

Average+8.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

MARZ Price and 52-Week Range

From the 52-week high

−1.7%

From the 52-week low

+15.4%

Today $37.23 – $37.31

Previous close $36.80

$37.24 now

52-week low$32.2752-week high$37.87

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

MARZ’s Share of Hedged Equity ETFs

Today

0.2%

of the $14.9B in 31 Hedged equity ETFs

MARZ$33.1M0.2%

HELO$4.9B32.6%

BALT$3.3B22.0%

28 others$6.7B45.2%

Hedged equity ETF AUM · Nov 5, 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 5, 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%	+5.3%	+6.7%	$4.9B
BALT	InnovatorRead Desk	0.69%	+4.7%	+6.3%	$3.3B
SFLR	InnovatorRead Desk	0.89%	+6.7%	+6.6%	$2.2B
FHEQ	FidelityRead Desk	0.52%	+8.4%	+7.5%	$986M
HEGD	SwanRead Desk	0.88%	+6.7%	+6.2%	$731M
MARZ	TrueSharesThis fundRead Desk	0.79%	+8.7%	+8.1%	$33M

Hedged equity peers · YTD and past-year returns · as of Nov 5, 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

+5.3%

+8.7%

MARZ wins+3.3 pts

Past year

+6.7%

+8.1%

MARZ wins+1.4 pts

Fee

0.50%

0.79%

HELO winslower fee

Yield

0.6%

3.0%

MARZ wins+2.5 pts

AUM

$4.9B

$33.1M

HELO146.5× more

3–1MARZ wins

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

MARZ vs VOO

YTD

MARZ · TrueShares Structured Outcome (March)

+8.7%

VOO · S&P 500

+13.4%

Gap

4.7 pts

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

MARZ vs Its Peer Average

YTD

MARZAvsBPeer average

1D+1.2%+0.9%

1M−1.5%−1.5%

3M−0.7%−0.7%

YTD+8.7%+6.7%

1Y+8.1%+6.9%

3Y+60.0%+56.2%

5Y+57.5%+54.5%

7–0MARZ wins

30 Hedged equity peers · each row scaled to its leader

The Details

MARZ

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y10.44%

Deepest drop · 1Y−7.5%

Lowest point · 5Y−14.8%

52-week range

$37.24

$32.27−1.7% from the high$37.87

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

MARZ

Payouts by Year

$1.13per share, Dec 2025

Distribution yield3.0%

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$36.81

Premium / discount[…]

Median spread · 30D[…]

Volume today2K

Average volume · 30D1K

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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