- What does JULZ invest in?
- This actively managed exchange-traded fund (ETF) seeks to fulfill its investment objective by allocating substantially all its assets to options referencing the S&P 500 Price Index. The fund's strategy involves acquiring call options and simultaneously writing put options, which are based on either the S&P 500 index itself or an ETF designed to track it. These option positions are established on each designated "Initial Investment Day" and are structured to expire on the subsequent "Roll Date." It is important to note that the fund is non-diversified.
- What is the expense ratio of JULZ?
- Trueshares Structured Outcome (July) ETF (JULZ) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is JULZ?
- Trueshares Structured Outcome (July) ETF (JULZ) manages $36.3M 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 JULZ actively managed or an index fund?
- JULZ is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JULZ's is 0.79%) in exchange for the discretion to over- or under-weight positions.
- When was JULZ launched?
- Trueshares Structured Outcome (July) ETF (JULZ) launched in June 2020 and is managed by TrueShares.
- How has JULZ performed?
- JULZ'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.
