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ETFs

TrueShares Structured Outcome (June) ETF

JUNZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 28 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
TrueShares
Volume (1m avg. daily)
$5,738
AUM
$3,215,525
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS BILLS 05/16/2024
93.65%
n/a
SPY 05/31/2024 417.85 C
7.51%
n/a
Cash & Other
0.58%
n/a
SPY 05/31/2024 376.07 P
-1.75%
Invest with JUNZ

What is JUNZ?

The TrueShares Structured Outcome ETF Series utilizes a buffer protect options strategy, that seeks to provide investors with returns (before fees and expenses) that track those of the S&P 500 Index while seeking to provide an 8-12% downside buffer (with the advisor targeting 10%) on the first of that index s losses over a 12-month investment period. The JUNZ defined investment period begins on June 1, 2021 and resets exactly 12 months later. The strategy is implemented through the purchase and sale of options on the S&P 500 Price Index or an ETF that tracks the S&P 500 Price Return Index. While there is no guarantee the Fund will be successful in providing these outcomes in any period, the intent of the ETFs in the series is to provide uncapped equity market upside participation (subject to options pricing) with a measure of downside risk mitigation.

ETFs related toJUNZ

ETFs correlated to JUNZ include GAUG, DECZ, BAUG

JUNZ
Listed Funds Trust - TrueShares Structured Outcome (June) ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
BAUG
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - August
FAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - August
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toJUNZ

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#BUFF

Copy Warren Buffett

Category

Classic, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JUNZ using Composer

FAQ

JUNZ is a US Equities ETF. The TrueShares Structured Outcome ETF Series utilizes a buffer protect options strategy, that seeks to provide investors with returns (before fees and expenses) that track those of the S&P 500 Index while seeking to provide an 8-12% downside buffer (with the advisor targeting 10%) on the first of that index s losses over a 12-month investment period. The JUNZ defined investment period begins on June 1, 2021 and resets exactly 12 months later. The strategy is implemented through the purchase and sale of options on the S&P 500 Price Index or an ETF that tracks the S&P 500 Price Return Index. While there is no guarantee the Fund will be successful in providing these outcomes in any period, the intent of the ETFs in the series is to provide uncapped equity market upside participation (subject to options pricing) with a measure of downside risk mitigation.

JUNZ tracks the S&P 500 Index.

No, JUNZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, JUNZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JUNZ is -0.0065%. This is the percent change in the value of JUNZ over the most recent 1-month period. The 3-month return on JUNZ is 0.0027%. This is the percent change in the value of JUNZ over the most recent 3-month period.

The standard deviation of JUNZ for the past year is 0.1106%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JUNZ include SSO, UAUG, and UPRO.

ETFs correlated to JUNZ include GAUG, DECZ, and BAUG.

ETFs that are inversely correlated to JUNZ include SPDN, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.