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TrueShares Structured Outcome (May) ETF (MAYZ)

Defined Outcome | Exchange Traded Fund | Cboe US
37.16 USD -0.01 (-0.017%) ⇩ (Oct. 7, 2026, 3:58 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 7:45 a.m. EDT

This structured product offers a modest, inflation-matching yield but lacks the explosive momentum or superior fundamentals required for a top-tier investment rating. The price action over the last two weeks shows a distinct lack of directional bias, hovering tightly around the $36.70 to $37.20 range with no clear breakout or breakdown, which justifies a neutral short-term stance. While the four-year price trajectory demonstrates a healthy +28% cumulative gain driven by three consecutive years of positive annual returns, the asset is fundamentally a tactical vehicle rather than a long-term wealth builder. The recent news framing it as a 'liquidity pulse' for institutions confirms its role as a tool for capital allocation rather than a core holding. Consequently, while the long-term trend remains positive due to the underlying strategy's performance, the lack of structural growth drivers and the purely tactical nature of the instrument prevent it from achieving a higher rating.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.021219
AutoARIMA0.025757
AutoETS0.026162
MSTL0.026238

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 66%
H-stat 0.35
Ljung-Box p 0.000
Jarque-Bera p 0.580
Excess Kurtosis -0.76
Attribute Value
Trailing P/E 27.54

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.13% 2.13% 2.27% —
Dividend History
Date Dividend Yield %
2025-12-24 0.720 2.128540
2024-12-27 0.587 1.929778
2023-12-27 0.717 2.749655
2022-12-29 0.159 0.686736
2021-12-29 0.513 1.889016
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.97

Info Dump

Attribute Value
All Time High 37.31
All Time Low 21.76
Ask 59.09
Ask Size 4,300
Average Daily Volume10 Day 3,290
Average Daily Volume3 Month 1,240
Average Volume 1,240
Average Volume10Days 3,290
Beta3 Year 0.82
Bid 14.95
Bid Size 100
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 37.1637
Day Low 37.1637
Display Name TrueShares Structured ETF
Dividend Yield 1.97
Eps Trailing Twelve Months 1.3496631
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 36.8427
Fifty Day Average Change 0.32099915
Fifty Day Average Change Percent 0.008712693
Fifty Two Week Change Percent 10.943937
Fifty Two Week High 37.31
Fifty Two Week High Change -0.14630127
Fifty Two Week High Change Percent -0.0039212345
Fifty Two Week Low 31.04
Fifty Two Week Low Change 6.123699
Fifty Two Week Low Change Percent 0.19728412
Fifty Two Week Range 31.04 - 37.31
First Trade Date Milliseconds 1,620,048,600,000
Five Year Average Return 0.0961722
Full Exchange Name Cboe US
Fullday Change 0.0
Fullday Change Percent 0.0
Fullday Price 37.1637
Fund Family TrueShares
Fund Inception Date 1,619,740,800
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. The fund is non-diversified.
Long Name TrueShares Structured Outcome (May) ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_662511836
Nav Price 37.1693
Net Assets 32,576,060.0
Net Expense Ratio 0.79
Open 37.16
Previous Close 37.17
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.00629807
Regular Market Change Percent -0.0169439
Regular Market Day High 37.1637
Regular Market Day Low 37.1637
Regular Market Day Range 37.1637 - 37.1637
Regular Market Open 37.16
Regular Market Previous Close 37.17
Regular Market Price 37.1637
Regular Market Time 1,791,403,091
Regular Market Volume 823
Short Name TrueShares Structured Outcome (
Source Interval 15
Symbol MAYZ
Three Year Average Return 0.1682394
Total Assets 32,576,060
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 27.535538
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.40012
Trailing Three Month Returns 1.40012
Triggerable 1
Two Hundred Day Average 35.05341
Two Hundred Day Average Change 2.1102905
Two Hundred Day Average Change Percent 0.060202148
Type Disp ETF
Volume 823
Yield 0.0197
Ytd Return 9.30791