NVMZ Performance — TrueShares Structured Outcome (November) ETF
Data updated: 2025-08-29
NVMZ returned +10.40% over one year to Jun 2025. The annualised 3-year return is +15.05%. The fund beat its Ultrashort Government Bond category average: $100 invested three years ago grew to $152, against $126 for the category, and to $110 over one year, against $105. Volatility over the past three years was 12.45% a year. In the 12 months to Jun 2025 the fund took in a net $10.5M, and assets reached $30.99M.
NVMZ 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 | NVMZ | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $110 | $105 |
| 3 years (Jul 2022 – Jun 2025) | $152 | $126 |
| Since data start (Nov 2020 – Jun 2025) | $178 | $129 |
NVMZ Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +10.40% |
| 3 years (annualised) | +15.05% |
NVMZ 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 |
|---|---|
| 2025 (Jan–Jun) | +4.01% |
| 2024 | +19.18% |
| 2023 | +18.21% |
| 2022 | −9.67% |
| 2021 | +21.38% |
| 2020 (Nov–Dec) | +10.51% |
NVMZ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.9% | −1.2% | −4.3% | −0.3% | +4.3% | +3.7% | — | — | — | — | — | — |
| 2024 | +1.3% | +4.2% | +2.6% | −3.5% | +4.2% | +3.0% | +0.9% | +1.7% | +1.8% | −0.9% | +4.7% | −2.0% |
| 2023 | +4.6% | −1.7% | +2.5% | +1.0% | +0.2% | +4.9% | +2.5% | −1.3% | −3.9% | −1.9% | +6.9% | +3.6% |
| 2022 | −3.8% | −2.1% | +2.7% | −6.1% | +0.8% | −5.2% | +6.8% | −2.1% | −7.8% | +8.1% | +4.0% | −4.1% |
| 2021 | −0.5% | +1.7% | +3.6% | +4.3% | +0.4% | +1.8% | +2.0% | +2.5% | −4.3% | +5.8% | −0.6% | +3.3% |
| 2020 | — | — | — | — | — | — | — | — | — | — | +7.6% | +2.7% |
NVMZ Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 12.45%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +8.07% (Oct 2022)
- Worst month: −7.83% (Sep 2022)
NVMZ Fund Flows
Monthly money in and out of TrueShares Structured Outcome (November) ETF, from SEC Form N-PORT.
- 12-month net flow: $10.5M
- 12-month gross sales (incl. reinvestments): $34.8M
- Sales ÷ redemptions: 1.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $2.8M | $0 | $2.8M |
| May 2025 | $2.4M | $1.2M | $1.2M |
| Apr 2025 | $0 | $0 | $0 |
| Mar 2025 | $1.6M | $0 | $1.6M |
| Feb 2025 | $2.0M | $0 | $2.0M |
| Jan 2025 | $0 | $410K | −$410K |
| Dec 2024 | $404K | $0 | $404K |
| Nov 2024 | $0 | $0 | $0 |
| Oct 2024 | $24.7M | $22.7M | $2.0M |
| Sep 2024 | $0 | $0 | $0 |
| Aug 2024 | $792K | $0 | $792K |
| Jul 2024 | $0 | $0 | $0 |
NVMZ Assets Under Management
Net assets of TrueShares Structured Outcome (November) ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $30.99M |
| 2025-03-31 | $24.85M |
| 2024-12-31 | $22.55M |
| 2024-09-30 | $20.38M |
| 2024-06-30 | $18.73M |
| 2024-03-31 | $17.70M |
| 2023-12-31 | $18.07M |
| 2023-09-30 | $15.05M |
| 2023-06-30 | $9.42M |
| 2023-03-31 | $9.51M |
| 2022-12-31 | $9.77M |
| 2022-09-30 | $10.49M |
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.