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TrueShares Structured Outcome (February) ETF (FEBZ)

Defined Outcome | Exchange Traded Fund | Cboe US
40.44 USD -0.24 (-0.585%) ⇩ (July 7, 2026, 9:54 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 5:26 a.m. EDT

This instrument is a structured product designed for specific February outcomes, evidenced by its name and the singular news headline referencing a different month (March), which suggests limited liquidity and potential confusion for investors seeking standard exposure. The price history reveals a volatile recent period where the asset dipped below its 50-day average before recovering, resulting in a flat-to-slight-negative drift over the last two weeks, offering no clear directional edge for a short-term trade. While the multi-year trajectory shows a solid cumulative gain of nearly 29% over four years with three out of four years posting positive returns, the asset is fundamentally a specialized vehicle rather than a core holding; the lack of recent dividend payments in the provided history and the niche nature of the strategy prevent it from being rated as a strong income generator or a superior long-term compounder compared to broad market alternatives.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.027141
MSTL0.027791
AutoETS0.030898
AutoARIMA0.031122

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 63%
H-stat 1.57
Ljung-Box p 0.000
Jarque-Bera p 0.615
Excess Kurtosis -0.02
Attribute Value
Trailing P/E 26.78

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.16% 3.16%
Dividend History
Date Dividend Yield %
2025-12-24 1.204 3.162844
2024-12-27 1.334 3.831352
2023-12-27 2.080 6.804056
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.98

Info Dump

Attribute Value
All Time High 40.93
All Time Low 24.57
Ask 40.46
Ask Size 4,900
Average Daily Volume10 Day 6,260
Average Daily Volume3 Month 5,757
Average Volume 5,757
Average Volume10Days 6,260
Beta3 Year 0.73
Bid 0.0
Bid Size 4,800
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 40.4446
Day Low 40.4446
Dividend Yield 2.98
Eps Trailing Twelve Months 1.5100924
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 40.1279
Fifty Day Average Change 0.31669998
Fifty Day Average Change Percent 0.007892264
Fifty Two Week Change Percent 11.79446
Fifty Two Week High 40.93
Fifty Two Week High Change -0.48540115
Fifty Two Week High Change Percent -0.0118593
Fifty Two Week Low 35.585
Fifty Two Week Low Change 4.8596
Fifty Two Week Low Change Percent 0.13656317
Fifty Two Week Range 35.585 - 40.93
First Trade Date Milliseconds 1,612,189,800,000
Five Year Average Return 0.1049099
Full Exchange Name Cboe US
Fund Family TrueShares
Fund Inception Date 1,611,878,400
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 (February) ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_666767194
Nav Price 40.6729
Net Assets 30,257,580.0
Net Expense Ratio 0.79
Open 40.4
Previous Close 40.6825
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.2379
Regular Market Change Percent -0.584772
Regular Market Day High 40.4446
Regular Market Day Low 40.4446
Regular Market Day Range 40.4446 - 40.4446
Regular Market Open 40.4
Regular Market Previous Close 40.6825
Regular Market Price 40.4446
Regular Market Time 1,783,432,480
Regular Market Volume 7
Short Name TrueShares Structured Outcome (
Source Interval 15
Symbol FEBZ
Three Year Average Return 0.14035091
Total Assets 30,257,580
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.782864
Trailing Peg Ratio None
Trailing Three Month Nav Returns 10.99971
Trailing Three Month Returns 10.99971
Triggerable 1
Two Hundred Day Average 38.549404
Two Hundred Day Average Change 1.895195
Two Hundred Day Average Change Percent 0.049162757
Type Disp ETF
Volume 7
Yield 0.0298
Ytd Return 7.13444