NOVZ Performance — TrueShares Structured Outcome (November) ETF
Data updated: 2026-08-27
NOVZ returned +7.05% year to date and +16.24% over one year to Jun 2026. Over one year the fund beat its Ultrashort Government Bond category average: $100 grew to $116, against $101 for the category. Volatility over the past 12 months was 9.77% a year. In the 12 months to Jun 2026 the fund took in a net $4.0M, and assets reached $37.61M.
NOVZ Growth of $100
What $100 invested in TrueShares Structured Outcome (November) ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Government Bond category average over the same months.
| Period | NOVZ | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $101 |
NOVZ Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.05% |
| 1 year | +16.24% |
NOVZ Annual Returns
Calendar-year total returns of TrueShares Structured Outcome (November) ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +7.05% |
| 2025 (Jul–Dec) | +8.58% |
NOVZ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0% | −0.7% | −3.7% | +7.6% | +4.0% | −1.0% | — | — | — | — | — | — |
| 2025 | — | — | — | — | — | — | +1.8% | +1.6% | +2.8% | +2.0% | +0.1% | −0.1% |
NOVZ Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 9.77%
- Best month: +7.59% (Apr 2026)
- Worst month: −3.70% (Mar 2026)
NOVZ Fund Flows
Monthly money in and out of TrueShares Structured Outcome (November) ETF, from SEC Form N-PORT.
- 12-month net flow: $4.0M
- 12-month gross sales (incl. reinvestments): $41.3M
- Sales ÷ redemptions: 1.11×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $6.6M | $0 | $6.6M |
| May 2026 | $12.3M | $2.7M | $9.6M |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $1.8M | $0 | $1.8M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $1.3M | −$1.3M |
| Nov 2025 | $449K | $0 | $449K |
| Oct 2025 | $19.7M | $19.6M | $12K |
| Sep 2025 | $0 | $1.3M | −$1.3M |
| Aug 2025 | $0 | $856K | −$856K |
| Jul 2025 | $423K | $11.4M | −$11.0M |
NOVZ Assets Under Management
Net assets of TrueShares Structured Outcome (November) ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $37.61M |
| 2026-03-31 | $19.09M |
| 2025-12-31 | $18.00M |
| 2025-09-30 | $19.14M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.