Frequently Asked Questions About NOVZ

What are the top holdings of NOVZ?

TrueShares Structured Outcome (November) ETF holds 18 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does NOVZ have?

NOVZ holds 18 positions as reported by the fund's most recent disclosure.

What sectors does NOVZ invest in?

TrueShares Structured Outcome (November) ETF (NOVZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is NOVZ most exposed to?

NOVZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is NOVZ a US-only fund?

The country allocation card on this page shows NOVZ's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does NOVZ invest in?

This actively managed exchange-traded fund (ETF) pursues its investment goals by committing nearly all of its assets to options contracts that derive their value from an underlying index. Specifically, on each designated "Initial Investment Day," the fund systematically purchases call options and sells put options. These options are tied to either the S&P 500 Price Index directly or an ETF designed to track its performance, and they are structured to mature by the subsequent "Roll Date." The fund operates with a non-diversified investment approach.

NOVZ

TrueShares Structured Outcome (November) ETF

CBOE·Asset Management · Financial Services

$47.86$0.04+0.08%

After hours·$47.86+0.00%

Market closed·Oct 28 3:11 PM EDT

Portfolio as of June 30, 2026, from the fund's SEC Form N-PORT filing. Funds disclose holdings quarterly, with a ~60-day publication delay. Sector breakdowns aren't part of this filing, so none is shown.

Top Holdings

holdings

912797SK4
Treasury Bill
93.13%
S000092050-1
The Options Clearing Corp
3.96%
S000092050-2
The Options Clearing Corp
0.91%
S000092050-3
The Options Clearing Corp
0.89%
S000092050-5
The Options Clearing Corp
0.52%
S000092050-6
The Options Clearing Corp
0.26%
S000092050-7
The Options Clearing Corp
0.20%
S000092050-8
The Options Clearing Corp
0.20%
S000092050-9
The Options Clearing Corp
0.16%
S000092050-10
The Options Clearing Corp
0.14%
Other
5 more holdings
0.22%

Top 10 holdings

99.61%

Top 25 holdings

99.96%

Concentration index

0.8590

Effective holdings

Chart tools

Open Top Holdings in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

All Holdings (16)

#	TickerHolding	Name	Weight	Shares	Market Value
1	912797SK4912797SK4Treasury Bill	Treasury Bill	93.13%	35.47M	$35.03M
2	S000092050-1S000092050-1The Options Clearing Corp	The Options Clearing Corp	3.96%	182.00	$1.49M
3	S000092050-2S000092050-2The Options Clearing Corp	The Options Clearing Corp	0.91%	65.00	$343.71K
4	S000092050-3S000092050-3The Options Clearing Corp	The Options Clearing Corp	0.89%	65.00	$333.60K
5	S000092050-4S000092050-4The Options Clearing Corp	The Options Clearing Corp	−0.62%	−578.00	−$234.44K
6	S000092050-5S000092050-5The Options Clearing Corp	The Options Clearing Corp	0.52%	24.00	$196.43K
7	S000092050-6S000092050-6The Options Clearing Corp	The Options Clearing Corp	0.26%	38.00	$98.09K
8	S000092050-7S000092050-7The Options Clearing Corp	The Options Clearing Corp	0.20%	11.00	$76.01K
9	S000092050-8S000092050-8The Options Clearing Corp	The Options Clearing Corp	0.20%	10.00	$75.01K
10	S000092050-9S000092050-9The Options Clearing Corp	The Options Clearing Corp	0.16%	16.00	$58.64K
11	S000092050-10S000092050-10The Options Clearing Corp	The Options Clearing Corp	0.14%	21.00	$51.79K
12	SALXXSALXXSTATE STREET INSTITUTIONAL US	STATE STREET INSTITUTIONAL US	0.08%	30.54K	$30.54K
13	S000092050-12S000092050-12The Options Clearing Corp	The Options Clearing Corp	0.05%	3.00	$17.53K
14	S000092050-13S000092050-13The Options Clearing Corp	The Options Clearing Corp	0.04%	2.00	$14.49K
15	S000092050-14S000092050-14The Options Clearing Corp	The Options Clearing Corp	0.04%	2.00	$13.32K
16	S000092050-15S000092050-15The Options Clearing Corp	The Options Clearing Corp	0.01%	1.00	$5.52K

Sectors

sectors

Technology
37.91%
Financial Services
11.66%
Communication Services
9.97%
Consumer Cyclical
9.56%
Healthcare
9.07%
Industrials
8.38%
Consumer Defensive
4.64%
Energy
3.02%
Utilities
2.25%
Real Estate
1.88%
Other
1 more sector
1.66%

Top 3 sectors

59.54%

Top 5 sectors

78.17%

Concentration index

0.1958

Effective sectors

Chart tools

Open Sector Allocation in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

Countries

Domicile

United States · 99.96%

Asset Classes

Primary asset class

Equity

Strategy

Actively Managed

Income strategy

No income focus

Frequently Asked Questions About NOVZ

What are the top holdings of NOVZ?: TrueShares Structured Outcome (November) ETF holds 18 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
How many holdings does NOVZ have?: NOVZ holds 18 positions as reported by the fund's most recent disclosure.
What sectors does NOVZ invest in?: TrueShares Structured Outcome (November) ETF (NOVZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is NOVZ most exposed to?: NOVZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is NOVZ a US-only fund?: The country allocation card on this page shows NOVZ's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
What does NOVZ invest in?: This actively managed exchange-traded fund (ETF) pursues its investment goals by committing nearly all of its assets to options contracts that derive their value from an underlying index. Specifically, on each designated "Initial Investment Day," the fund systematically purchases call options and sells put options. These options are tied to either the S&P 500 Price Index directly or an ETF designed to track its performance, and they are structured to mature by the subsequent "Roll Date." The fund operates with a non-diversified investment approach.

TickerHolding

Name

Weight

Market Value

912797SK4912797SK4Treasury Bill

Treasury Bill

93.13%

35.47M

$35.03M

S000092050-1S000092050-1The Options Clearing Corp

The Options Clearing Corp

3.96%

182.00

$1.49M

S000092050-2S000092050-2The Options Clearing Corp

The Options Clearing Corp

0.91%

65.00

$343.71K

S000092050-3S000092050-3The Options Clearing Corp

The Options Clearing Corp

0.89%

65.00

$333.60K

S000092050-4S000092050-4The Options Clearing Corp

The Options Clearing Corp

−0.62%

−578.00

−$234.44K

S000092050-5S000092050-5The Options Clearing Corp

The Options Clearing Corp

0.52%

24.00

$196.43K

S000092050-6S000092050-6The Options Clearing Corp

The Options Clearing Corp

0.26%

38.00

$98.09K

S000092050-7S000092050-7The Options Clearing Corp

The Options Clearing Corp

0.20%

11.00

$76.01K

S000092050-8S000092050-8The Options Clearing Corp

The Options Clearing Corp

0.20%

10.00

$75.01K

S000092050-9S000092050-9The Options Clearing Corp

The Options Clearing Corp

0.16%

16.00

$58.64K

S000092050-10S000092050-10The Options Clearing Corp

The Options Clearing Corp

0.14%

21.00

$51.79K

SALXXSALXXSTATE STREET INSTITUTIONAL US

STATE STREET INSTITUTIONAL US

0.08%

30.54K

$30.54K

S000092050-12S000092050-12The Options Clearing Corp

The Options Clearing Corp

0.05%

3.00

$17.53K

S000092050-13S000092050-13The Options Clearing Corp

The Options Clearing Corp

0.04%

2.00

$14.49K

S000092050-14S000092050-14The Options Clearing Corp

The Options Clearing Corp

0.04%

2.00

$13.32K

S000092050-15S000092050-15The Options Clearing Corp

The Options Clearing Corp

0.01%

1.00

$5.52K