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Trending ETFs

TrueShares Structured Outcome (August) ETF

etf
AUGZ
Dividend policy
None
Price as of:
$31.48 +0.02 +0%
primary theme
N/A
AUGZ (ETF)

TrueShares Structured Outcome (August) ETF

Dividend policy
None
Price as of:
$31.48 +0.02 +0%
primary theme
N/A
AUGZ (ETF)

TrueShares Structured Outcome (August) ETF

Dividend policy
None
Price as of:
$31.48 +0.02 +0%
primary theme
N/A

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$31.48

-

-

0.79%

Vitals

YTD Return

13.9%

1 yr return

23.6%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$18.6 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$31.45
$24.81
$32.39

Expenses

OPERATING FEES

Expense Ratio 0.79%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Options Trading


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$31.48

-

-

0.79%

AUGZ - Profile

Distributions

  • YTD Total Return 13.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    TrueShares Structured Outcome (August) ETF
  • Fund Family Name
    TrueShares
  • Inception Date
    Jul 31, 2020
  • Shares Outstanding
    575000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Eric Metz

Fund Description

The fund is an actively-managed ETF that seeks to achieve its investment objective by investing substantially all of its assets in options that reference the S&P 500 Price Index. It will purchase call options and sell put options on the index or an ETF that tracks the index on each Initial Investment Day with an expiration on the next Roll Date. The fund is non-diversified.


AUGZ - Performance

Return Ranking - Trailing

Period AUGZ Return Category Return Low Category Return High Rank in Category (%)
YTD 13.9% -2.8% 240.8% 17.79%
1 Yr 23.6% -4.3% 140.6% N/A
3 Yr N/A* -8.3% 18.3% N/A
5 Yr N/A* -5.0% 17.3% N/A
10 Yr N/A* -4.6% 13.2% N/A

* Annualized

Return Ranking - Calendar

Period AUGZ Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -34.1% 904.0% N/A
2019 N/A -28.6% 438.4% N/A
2018 N/A -93.5% 8.2% N/A
2017 N/A -38.9% 19.8% N/A
2016 N/A -10.9% 12.8% N/A

Total Return Ranking - Trailing

Period AUGZ Return Category Return Low Category Return High Rank in Category (%)
YTD 13.1% -2.7% 244.0% 16.21%
1 Yr 23.6% -4.3% 140.6% N/A
3 Yr N/A* -8.3% 18.3% N/A
5 Yr N/A* -5.4% 17.3% N/A
10 Yr N/A* -4.6% 13.2% N/A

* Annualized

Total Return Ranking - Calendar

Period AUGZ Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -34.1% 904.0% N/A
2019 N/A -5.9% 438.4% N/A
2018 N/A -81.2% 8.2% N/A
2017 N/A -29.0% 19.8% N/A
2016 N/A -10.9% 12.8% N/A

AUGZ - Holdings

Concentration Analysis

AUGZ Category Low Category High AUGZ % Rank
Net Assets 18.6 M 25 17.4 B 91.39%
Number of Holdings 4 2 508 95.42%
Net Assets in Top 10 18.6 M -6.66 M 5.12 B 90.08%
Weighting of Top 10 N/A 11.3% 100.0% N/A

Top 10 Holdings

  1. United States Treasury Bills 0% 97.41%
  2. United States Treasury Bills 0% 87.19%
  3. United States Treasury Bills 0% 77.31%
  4. Spy 7/30/2021 328.67 C 22.27%
  5. Spy 7/30/2021 328.67 C 22.27%
  6. Spy 7/30/2021 328.67 C 22.27%
  7. Spy 7/30/2021 328.67 C 22.27%
  8. Spy 7/30/2021 328.67 C 22.27%
  9. Spy 7/30/2021 328.67 C 22.27%
  10. Spy 7/30/2021 328.67 C 22.27%

Asset Allocation

Weighting Return Low Return High AUGZ % Rank
Bonds
97.41% 0.00% 97.96% 2.67%
Stocks
2.26% -3.92% 100.76% 86.26%
Cash
0.34% -0.76% 100.29% 82.06%
Preferred Stocks
0.00% 0.00% 3.08% 40.84%
Other
0.00% 0.00% 45.92% 52.29%
Convertible Bonds
0.00% 0.00% 20.91% 43.13%

Stock Sector Breakdown

Weighting Return Low Return High AUGZ % Rank
Technology
23.97% 0.00% 44.43% 41.60%
Financial Services
14.30% 0.00% 29.60% 55.88%
Healthcare
13.22% 0.00% 25.91% 62.18%
Consumer Cyclical
12.16% 0.00% 19.02% 44.96%
Communication Services
11.08% 0.00% 21.22% 38.24%
Industrials
8.81% 1.41% 43.91% 43.28%
Consumer Defense
6.40% 0.00% 22.87% 56.72%
Energy
2.84% 0.00% 69.54% 55.46%
Utilities
2.51% 0.00% 13.35% 47.90%
Real Estate
2.43% 0.00% 9.74% 46.22%
Basic Materials
2.28% 0.00% 60.58% 47.06%

Stock Geographic Breakdown

Weighting Return Low Return High AUGZ % Rank
US
2.24% -3.89% 100.00% 76.72%
Non US
0.02% -2.17% 99.33% 82.06%

Bond Sector Breakdown

Weighting Return Low Return High AUGZ % Rank
Government
99.66% 0.00% 99.91% 0.76%
Cash & Equivalents
0.34% 0.09% 100.00% 99.62%
Derivative
0.00% 0.00% 0.13% 41.98%
Securitized
0.00% 0.00% 22.63% 41.60%
Corporate
0.00% 0.00% 91.57% 46.56%
Municipal
0.00% 0.00% 97.57% 40.84%

Bond Geographic Breakdown

Weighting Return Low Return High AUGZ % Rank
US
97.41% 0.00% 97.96% 2.67%
Non US
0.00% 0.00% 16.94% 41.22%

AUGZ - Expenses

Operational Fees

AUGZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.20% 6.78% 78.60%
Management Fee 0.79% 0.20% 1.75% 38.81%
12b-1 Fee 0.00% 0.00% 1.00% 24.71%
Administrative Fee N/A 0.02% 0.28% N/A

Sales Fees

AUGZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

AUGZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AUGZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 456.80% N/A

AUGZ - Distributions

Dividend Yield Analysis

AUGZ Category Low Category High AUGZ % Rank
Dividend Yield 0.00% 0.00% 3.76% 44.98%

Dividend Distribution Analysis

AUGZ Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

AUGZ Category Low Category High AUGZ % Rank
Net Income Ratio -0.73% -2.54% 14.24% 70.08%

Capital Gain Distribution Analysis

AUGZ Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

AUGZ - Fund Manager Analysis

Managers

Eric Metz


Start Date

Tenure

Tenure Rank

Jul 31, 2020

1.08

1.1%

Eric oversees all investment strategies and portfolio management activities at the firm. Prior to joining SRA, Eric was the Derivatives Strategist and Portfolio Manager at RiverNorth Capital Management, managing both mutual fund and hedge fund assets (and was a client of SpiderRock). He began his career with the Chicago Trading Company on the floors of the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE). After the trading floors, Eric was a senior trader and partner at Ronin Capital and Bengal Capital, both proprietary trading firms specializing in volatility arbitrage. Eric graduated, Magna Cum Laude, from the University of Michigan with a B.S.E in Industrial and Operations Engineering. He earned his M.S.E., with honors, in Industrial and Operational Engineering, and was enrolled in the program’s PhD program. Eric is a CFA Charterholder, a member of the CFA Institute, the CFA Society of Chicago and a board member of the OIC Institutional Advisory Council.

Jordan Waldrep


Start Date

Tenure

Tenure Rank

Jul 31, 2020

1.08

1.1%

Jordan Waldrep brings over 15 years of investment experience to TrueMark. Previously, Mr. Waldrep was the Senior Portfolio Manager of the Vice President and Co-Portfolio Manager of the Navigator Fund at USA Mutuals. Mr. Waldrep has over 18 years of investment experience. He was the portfolio manager of Blackfin Capital ("Blackfin") from March 2014 through August 2017. Prior to Blackfin, he was an analyst and trader at Hourglass Capital since 2008. Mr. Waldrep is a member of the CFA Institute and the CFA Society of Dallas and Fort Worth. He is a Chartered Financial Ananlyst. Mr. Waldrep received a BA in Biology and History from Texas A&M University and an MBA from the University of Texas McCombs School of Business.

Fred Sloneker


Start Date

Tenure

Tenure Rank

Jul 31, 2020

1.08

1.1%

Fred Sloneker joined SpiderRock Advisors in 2019 and serves as portfolio manager. Prior to joining SRA, Mr. Sloneker was the Head Quantitative Trader for a series of SpiderRock trading subsidiaries. He began his career as a Trader and Portfolio Manager for hedge funds JMG Triton Offshore and St. Claire Capital Management in San Francisco, specializing in a broad variety of convertible arbitrage strategies. He later created and managed a volatility strategy for Toronto Dominion (TD) Securities. Mr. Sloneker graduated from the California Institute of Technology (Caltech) with a B.S. in Economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 19.77 3.61 5.67