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TrueShares Patriot Defense ETF (FLDZ)

Mid-Cap Blend | Exchange Traded Fund | Cboe US
30.40 USD -0.60 (-1.932%) ⇩ (Aug. 25, 2026, 1:39 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 3:30 a.m. EDT

The defense sector ETF shows a compelling short-term momentum setup, rallying nearly 10% over the last two weeks to trade above its 50-day moving average, suggesting active capital inflow ahead of potential fiscal announcements. However, this technical strength sits atop a mixed fundamental backdrop: while the three-year price trajectory remains positive (+27.64%) driven by a strong 2024 rebound, the most recent annual period saw a decline, indicating the market is currently weighing near-term geopolitical risks against long-term secular trends. The valuation is stretched with a trailing P/E of 38.7x, which limits upside potential if defense spending slows. On the income side, the 1.49% yield is modest and barely keeps pace with inflation, offering no significant cushion for a defensive portfolio. Investors should view the recent price surge as a tactical opportunity rather than a confirmation of a robust multi-year bull case.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.024664
MSTL0.024759
AutoETS0.025136
AutoARIMA0.025136

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 56%
H-stat 5.71
Ljung-Box p 0.000
Jarque-Bera p 0.977
Excess Kurtosis -0.04
Attribute Value
Trailing P/E 37.01

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.52% 1.52% 1.35%
Dividend History
Date Dividend Yield %
2025-12-24 0.445 1.515977
2024-12-27 0.322 1.161616
2023-12-27 0.334 1.386065
2022-12-29 0.329 1.510768
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.49

Info Dump

Attribute Value
All Time High 34.15
All Time Low 20.2
Ask 30.47
Ask Size 500
Average Daily Volume10 Day 310
Average Daily Volume3 Month 1,698
Average Volume 1,698
Average Volume10Days 310
Beta3 Year 0.79
Bid 30.4
Bid Size 100
Category Mid-Cap Blend
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 30.4029
Day Low 30.4029
Dividend Yield 1.49
Eps Trailing Twelve Months 0.8214099
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 31.15674
Fifty Day Average Change -0.7538395
Fifty Day Average Change Percent -0.02419507
Fifty Two Week Change Percent 2.9667735
Fifty Two Week High 34.15
Fifty Two Week High Change -3.7471008
Fifty Two Week High Change Percent -0.10972476
Fifty Two Week Low 28.128
Fifty Two Week Low Change 2.2749004
Fifty Two Week Low Change Percent 0.08087672
Fifty Two Week Range 28.128 - 34.15
First Trade Date Milliseconds 1,641,220,200,000
Full Exchange Name Cboe US
Fullday Change -0.5991
Fullday Change Percent -1.93246
Fullday Price 30.4029
Fund Family TrueShares
Fund Inception Date 1,646,006,400
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 exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in equity securities, including common stock of mid-cap and large-cap companies, tied to the economy of the fund’s sub-adviser, will consider a company to be tied to the U.S. economy if the company is organized under the laws of the U.S.; the shares of the company are traded principally in the U.S., and the company generates at least 90% of its revenue from its activities in the U.S. It is non-diversified.
Long Name TrueShares Patriot Defense ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1760998746
Nav Price 31.0056
Net Assets 3,878,795.0
Net Expense Ratio 0.4
Open 30.89
Previous Close 31.002
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.5991
Regular Market Change Percent -1.93246
Regular Market Day High 30.4029
Regular Market Day Low 30.4029
Regular Market Day Range 30.4029 - 30.4029
Regular Market Open 30.89
Regular Market Previous Close 31.002
Regular Market Price 30.4029
Regular Market Time 1,787,679,571
Regular Market Volume 11
Short Name TrueShares Patriot Defense ETF
Source Interval 15
Symbol FLDZ
Three Year Average Return 0.1249205
Total Assets 3,878,795
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 37.01307
Trailing Peg Ratio None
Trailing Three Month Nav Returns -2.6754
Trailing Three Month Returns -2.6754
Triggerable 1
Two Hundred Day Average 30.100805
Two Hundred Day Average Change 0.3020954
Two Hundred Day Average Change Percent 0.010036124
Type Disp ETF
Volume 11
Yield 0.0149
Ytd Return 3.2726