APRZTrueShares Structured Outcome (April) ETF
Tracks the S&P 500 Price Return Index while providing a buffer against the first 8% to 12% of losses over a twelve-month period.
By TrueShares · Launched 2021
Annual Cost
0.79%
#4,370 of 6,040 · expensive
Fund Size
$33M
#4,154 of 6,040 · small
Return (1Y)
+10.7%
Track Record
5 years
#2,306 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,097+11.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 2 holdings = 99.3% of fundconcentrated
Treasury Bill
86.9%
The Options Clearing Corp
12.3%
Asset allocation
Bonds
87.3%
Cash
12.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
11.2%Moderate
Year-on-year price swings
Max drawdown
-18.1%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.91Decent risk-adjusted returns
Sortino (3Y)
1.35Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Tracks the S&P 500 Price Return Index while providing a buffer against the first 8% to 12% of losses over a twelve-month period.
- Strategy
- Actively managed ETF that invests substantially all assets in options on the S&P 500 Price Index, employing a buffer protect strategy to mitigate the first 8% to 12% decline. Seeks to track returns of the S&P 500 Price Index while providing downside protection during the Investment Period.
- Inception date
- March 31, 2021
- Fund family
- TrueShares
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save APRZ to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18