# TrueShares Structured Outcome (December) ETF (DECZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/decz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: TrueShares · Asset class: Equity - Strategy: Passive Index · Inception: 2020-11-30 Elevation Series Trust - TrueShares Structured Outcome (December) ETF is an exchange traded fund launched and managed by TrueMark Investments, LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as flexible exchange options that reference the performance of the S&P 500 price return index to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to benchmark the performance of its portfolio against the S&P 500 Price... ## Key Facts | Metric | Value | |---|---| | Price | $43.67 | | Expense Ratio | 0.79% | | Assets Under Management | $36.7M | | NAV | $43.64 | | Holdings Count | 20 | | Distribution Yield (TTM) | 3.02% | | Annual Distribution (TTM) | $1.32 /share | | Distribution Frequency | Annual | | 52-Week Range | $37.99 – $44.76 | | Beta | 0.71 | ## Latest Distribution - Amount: $1.3196 /share - Ex-date: 2025-12-24 - Pay date: 2025-12-26 ## Frequently Asked Questions ### What does DECZ invest in? Elevation Series Trust - TrueShares Structured Outcome (December) ETF is an exchange traded fund launched and managed by TrueMark Investments, LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as flexible exchange options that reference the performance of the S&P 500 price return index to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to benchmark the performance of its portfolio against the S&P 500 Price Index and the S&P 500 Total Return Index. Elevation Series Trust - TrueShares Structured Outcome (December) ETF was formed on November 30, 2020 and is domiciled in the United States. ### What is the expense ratio of DECZ? TrueShares Structured Outcome (December) ETF (DECZ) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DECZ? TrueShares Structured Outcome (December) ETF (DECZ) manages $36.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DECZ actively managed or an index fund? DECZ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DECZ's is 0.79%) because there's no security selection cost. ### When was DECZ launched? TrueShares Structured Outcome (December) ETF (DECZ) launched in November 2020 and is managed by TrueShares. ### How has DECZ performed? DECZ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does DECZ pay a dividend? TrueShares Structured Outcome (December) ETF (DECZ) currently distributes little or no income. Trailing-twelve-month yield is 3.02%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DECZ pay dividends? TrueShares Structured Outcome (December) ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DECZ's dividend yield? DECZ's trailing-twelve-month yield is 3.02%, calculated from the sum of dividends over the past year divided by the current price. ### When is DECZ's next ex-dividend date? The most recently announced ex-dividend date for DECZ was 2025-12-24. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will DECZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.79% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DECZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from DECZ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DECZ cost more than a fund like VOO? DECZ is a passive index fund (current expense ratio 0.79%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to DECZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DECZ (0.79%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/decz - Distribution history: https://www.dividenddata.com/funds/decz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/decz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/decz/expenses - Peer comparison: https://www.dividenddata.com/funds/decz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.