Skip to Content
ETFs

TrueShares Structured Outcome (September) ETF

SEPZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 31 2020
Expense Ratio
0.79%
Type
US Equities
Fund Owner
TrueShares
Volume (1m avg. daily)
$144,279
AUM
$18,116,103
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 08/08/2024
98.50%
n/a
SPY 08/30/2024 450.35 C
4.82%
n/a
Cash & Other
0.28%
n/a
SPY 08/30/2024 405.32 P
-3.60%
Invest with SEPZ

What is SEPZ?

The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing substantially all of its assets in options that reference the S&P 500 Price Index. Fund will employ a buffer protect options strategy that uses such options to seek to achieve exposure to the S&P 500 Price Index while mitigating the first 8% to 12% decline in the S&P 500 Price Index (the Buffer ) over a 12-month period beginning on a specified day each September (each, a Roll Date ). The period from one Roll Date to the next Roll Date is referred to as the Investment Period, and the first day of the Investment Period is referred to as the Initial Investment Day ).

ETFs related toSEPZ

ETFs correlated to SEPZ include DECZ, PBUS, SPUU

SEPZ
Listed Funds Trust - TrueShares Structured Outcome (September) ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares

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 toSEPZ

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SEPZ using Composer

FAQ

SEPZ is a US Equities ETF. The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing substantially all of its assets in options that reference the S&P 500 Price Index. Fund will employ a buffer protect options strategy that uses such options to seek to achieve exposure to the S&P 500 Price Index while mitigating the first 8% to 12% decline in the S&P 500 Price Index (the Buffer ) over a 12-month period beginning on a specified day each September (each, a Roll Date ). The period from one Roll Date to the next Roll Date is referred to as the Investment Period, and the first day of the Investment Period is referred to as the Initial Investment Day ).

SEPZ tracks the S&P 500 Index.

No, SEPZ 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, SEPZ 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 SEPZ is -0.0064%. This is the percent change in the value of SEPZ over the most recent 1-month period. The 3-month return on SEPZ is 0.0025%. This is the percent change in the value of SEPZ over the most recent 3-month period.

The standard deviation of SEPZ for the past year is 0.1223%. 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 SEPZ include UAPR, UAUG, and ACIO.

ETFs correlated to SEPZ include DECZ, PBUS, and SPUU.

ETFs that are inversely correlated to SEPZ include SDS, SPXS, and SH.

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.