APRZ
TrueShares Structured Outcome (April) ETF
APRZ aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively managed fund holds options and collateral.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
$ 7.1 M
ASSETS UNDER MGMT
79 bp
EXPENSES
Fund Basics
| Inception date | Mar 31, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.7% | 12.1% | 9.7% | 11.5% | 8.7% | -- | -- | 9.3% |
| Dividend Yield | 0.0% | 3.7% | 3.3% | 3.3% | 2.1% | -- | -- | 2.0% |
| Total Returns | 6.7% | 15.8% | 13.0% | 14.8% | 10.8% | -- | -- | 11.3% | Ann. Volatility | 12.7% | 10.8% | 13.1% | 11.7% | 12.6% | -- | -- | 12.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.85 | 97% |
| MSCI EAFE | 0.53 | 58% |
| MSCI Emg Mkts | 0.36 | 56% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.21% |
Technical Indicators
| 30d moving avg. (EMA) | $39.76 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.12/0.12 |
| Bollinger Bands (Upper/Lower) | $40.44/$39.15 |
| Short interest (% of AUM) | 1.5% |
Distributions