TrueSharesDefined OutcomeSEPZ · Cboe BZX

TrueShares Structured Outcome September ETF (SEPZ)

Compare Defined Outcome ETFs Compare with others

Price: $46.15; —11 Sept 2026
Assets: $129.9M; Total net assets
Expense ratio: 0.80%; Category 0.76%
Yield: 2.00%; Trailing distributions

1Y return: 12.8%+2.6%; Category 10.2%
3Y CAGR: 15.4%+2.7%; Category 12.7%
5Y CAGR: 10.6%+1.8%; Category 8.8%

Loading NAV history…

TrueShares Structured Outcome September ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.1%	+2.4%	+12.3%	+9.2%	+12.8%	+15.4%	+10.6%	—	+12.5%
Defined Outcome average	0.0%	2.2%	8.0%	7.3%	10.2%	12.7%	8.8%	—	9.0%
Difference	-1.1%	+0.2%	+4.3%	+1.9%	+2.6%	+2.7%	+1.8%	—	+3.5%

Holdings

Allocation as last published by the fund.

Sector allocation

Share of the equity the fund holds.

Technology37.9%
Financial services11.7%
Communication services10.0%
Consumer discretionary9.6%
Health care9.1%
Industrials8.4%
Consumer staples4.6%
Energy3.0%
Utilities2.3%
Real estate1.9%
Materials1.7%

Asset mix

Bonds86.1%
Cash13.9%

Credit quality

Share of the bonds by rating.

US government86.1%

ETF details

Issuer: TrueShares
Category: Alternatives · Defined Outcome
Ticker: SEPZ
Exchange: Cboe BZX
Inception: 31 Aug 2020 (6.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.80% (category 0.76%)
Holdings turnover: 0% (category 4%)
Distribution yield: 2.00%
Beta, 3 years: 0.76
Total net assets: $129.9M
Average maturity: 9.63 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other defined outcome ETFs

Other ETFs in the Defined Outcome category.

Compare Defined Outcome ETFs