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TrueShares Structured Outcome (April) ETF (APRZ)

Defined Outcome | Exchange Traded Fund | Cboe US
39.94 USD -0.27 (-0.683%) ⇩ (July 9, 2026, 12:32 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:16 a.m. EDT

This structured outcome ETF presents a compelling case for moderate-long-term holding despite a lackluster immediate outlook. The asset has demonstrated robust resilience over the past four years, delivering a +34.53% cumulative gain with three out of four annual periods showing positive growth. This consistent upward trajectory suggests the underlying strategy effectively navigated market cycles, avoiding the multi-year structural declines that typically disqualify such instruments from top-tier long-term ratings. While the recent 14-day price action shows minor volatility and the short-term statistical model predicts a slight dip (-0.75%) over the next 45 days, these factors do not outweigh the solid historical performance. The dividend profile supports this view, offering a 3.15% yield that has grown steadily from $0.147 to $1.255 annually over the last five years, indicating a healthy payout capacity rather than a desperate attempt to attract yielders. However, the short-term rating remains neutral because the immediate technical setup lacks a strong bullish catalyst, and the forecasted near-term decline prevents a high-conviction entry recommendation for the coming weeks.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.010037
AutoETS0.012275
AutoARIMA0.012841
MSTL0.014552

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 64%
H-stat 0.88
Ljung-Box p 0.000
Jarque-Bera p 0.885
Excess Kurtosis -0.17
Attribute Value
Trailing P/E 26.76

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.32% 3.32% 2.98%
Dividend History
Date Dividend Yield %
2025-12-24 1.255 3.319667
2024-12-27 0.950 2.743445
2023-12-27 0.859 2.890796
2022-12-29 0.147 0.587131
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.15

Info Dump

Attribute Value
All Time High 40.465
All Time Low 23.37
Ask 0.0
Ask Size 200
Average Daily Volume10 Day 2,100
Average Daily Volume3 Month 1,836
Average Volume 1,836
Average Volume10Days 2,100
Beta3 Year 0.77
Bid 0.0
Bid Size 3,600
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 39.9427
Day Low 39.9427
Dividend Yield 3.15
Eps Trailing Twelve Months 1.492549
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 39.64394
Fifty Day Average Change 0.29875946
Fifty Day Average Change Percent 0.007536069
Fifty Two Week Change Percent 11.497879
Fifty Two Week High 40.465
Fifty Two Week High Change -0.5223007
Fifty Two Week High Change Percent -0.012907469
Fifty Two Week Low 34.752
Fifty Two Week Low Change 5.1907005
Fifty Two Week Low Change Percent 0.14936408
Fifty Two Week Range 34.752 - 40.465
First Trade Date Milliseconds 1,617,283,800,000
Five Year Average Return 0.1055165
Full Exchange Name Cboe US
Fund Family TrueShares
Fund Inception Date 1,617,148,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively-managed ETF that seeks to achieve its investment objective by investing substantially all of its assets in options on the S&P 500 Price Index. It will purchase call options and sell put options on the S&P 500 Price Index or an ETF that seeks to track the performance of the S&P 500 Price Index on each Initial Investment Day with an expiration on the next Roll Date.
Long Name TrueShares Structured Outcome (April) ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_666767285
Nav Price 40.2289
Net Assets 32,695,540.0
Net Expense Ratio 0.79
Open 39.99
Previous Close 40.2173
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.274601
Regular Market Change Percent -0.682793
Regular Market Day High 39.9427
Regular Market Day Low 39.9427
Regular Market Day Range 39.9427 - 39.9427
Regular Market Open 39.99
Regular Market Previous Close 40.2173
Regular Market Price 39.9427
Regular Market Time 1,783,614,725
Regular Market Volume 80
Short Name TrueShares Structured Outcome (
Source Interval 15
Symbol APRZ
Three Year Average Return 0.1445979
Total Assets 32,695,540
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.7614
Trailing Peg Ratio None
Trailing Three Month Nav Returns 11.75996
Trailing Three Month Returns 11.75996
Triggerable 1
Two Hundred Day Average 38.179596
Two Hundred Day Average Change 1.7631035
Two Hundred Day Average Change Percent 0.04617921
Type Disp ETF
Volume 80
Yield 0.0315
Ytd Return 6.60154