ONEHTrueShares Equity Hedge ETF
Seeks to profit from equity market declines and subsequent reversals, with income as a secondary objective.
By TrueShares · Launched 2026
0.79%
#4,047 of 5,562 · expensive
$14M
#4,586 of 5,562 · small
—
5 months
#5,214 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 1 holdings = 0.2% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to profit from equity market declines and subsequent reversals, with income as a secondary objective.
- Strategy
- Actively managed ETF that uses put options on the S&P 500 to profit from market declines and call options for potential gains during reversals. Employs total return swaps to enhance exposure to these strategies, adjusting notional exposure daily to align with net asset value.
- Inception date
- January 29, 2026
- Fund family
- TrueShares
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19