Create, analyze, optimize your ETF portfolio. Start now →
TrueShares Structured Outcome November ETF - USD
NOVZ performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 1, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.21% | -0.09% | +8.28% | +14.18% | +51.97% | +60.51% |
| Flows | +$2M | +$6M | +$17M | +$15M | +$21M | +$27M |
Characteristics
This fund is actively managed; it does not track an index. The dividend policy is no income.
| Management strategy | Active |
| Strategy | Options Strategies |
| Provider | TrueShares |
| N° of holdings | 2 |
| Dividend policy | No income |
| Inception date | November 1, 2020 |
| ESG | No |
More data and info about NOVZ on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 2 holdings out of 2
Top 2 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +10.13% | +9.63% | +11.58% | +12.98% |
Max drawdown | -3.33% | -6.65% | -14.50% | -17.00% |
Max drawdown duration | 62d | 92d | 126d | 548d |
Time to recover | 55d | 16d | 79d | 261d |
What type of ETF is NOVZ?
NOVZ is a Active ETF that provides exposure to Equity assets. It is managed by TrueShares.
What does NOVZ invest in?
This ETF provides exposure to Large Cap US Equities. It is part of the segment: Options Strategies.
What is the expense ratio of NOVZ?
The total expense ratio (TER) of NOVZ is 0.79%, representing the annual fee charged by the fund manager.
When was NOVZ launched?
NOVZ was launched on November 1, 2020, marking its entry into the ETF market.
Who is the issuer of NOVZ?
NOVZ is issued by TrueShares.
What is the AUM of NOVZ?
As of September 1, 2026, NOVZ manages $37.08 M, reflecting the total assets held in the fund.
How has NOVZ performed recently?
As of September 1, 2026, NOVZ delivered a return of 0.21% over the past month (1M performance), -0.09% over the past three months (3M), and 8.28% year-to-date (YTD).
What are the recent fund flows for NOVZ?
As of September 1, 2026, NOVZ has seen net flows of +$2M in the past month (1M flow) and +$17M year-to-date (YTD).
Does NOVZ pay dividends?
As of September 1, 2026, NOVZ has a trailing 12-month distribution yield of 3.31%.
How many holdings are in NOVZ
As of July 31, 2026, NOVZ holds 2 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is NOVZ?
As of July 31, 2026, NOVZ holds 2 securities.
What are the top holdings of NOVZ?
As of July 31, 2026, NOVZ holds a portfolio of 2 underlyings, with its largest positions including USA, Bills 0% 29oct2026, USD (364D) and State Street Institutional US Government Money Market Fund. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does NOVZ invest in?
As of July 31, 2026, NOVZ has its largest geographic exposures in USA.
What sectors or themes does NOVZ focus on?
As of July 31, 2026, NOVZ is primarily exposed to Sovereign.
Advantages of ETFs over Mutual Funds1/6
Lower Costs
In this guide, we'll explore the advantages of ETFs over mutual funds, giving you valuable insights into why ETFs have gained significant popularity among investors like yourself.
Leveraged ETFs: Unlocking the Potential for Amplified Returns1/6
Understanding Leveraged ETFs
Explore leveraged ETFs: potential for amplified returns & risks. 5 ETFs to consider across equities, commodities & fixed income.
What is a Leveraged ETF?1/6
Introducing Leveraged and Inverse ETFs
In this guide, we'll dive into the world of leveraged ETFs, exploring their definition, mechanics, potential risks, and rewards.
Recent educational content
ETF Trends
ETF Industry KPIs August 31, 2026
This week’s KPI data overview highlights key metrics and trends shaping the ETF landscape.
ETF Trends
ETF Industry KPIs August 24, 2026
This week’s KPI data overview highlights key metrics and trends shaping the ETF landscape.
What’sTheFund
What's the Fund | Ocean Park Diversified Income ETF (DUKZ)
James St Aubin, Chief Investment Officer at Ocean Park Asset Management, discuss the DUKZ ETF, exposing investors to the whole spectrum of asset classes in the fixed income markets, through their rules-based process.
ETF Takeaway
ETF Takeaway: Ocean Park Diversified Income ETF (DUKZ)
James St Aubin, Chief Investment Officer at Ocean Park Asset Management discusses the state of fixed income markets and how their DUKZ ETF, through their rules-based process, tactically allocates to 11 sectors of fixed income through underlying ETFs.
Browse all educational columns
Build and Analyze Your ETF Portfolio Like a Pro
Create your own ETF portfolio in minutes and instantly see allocations, exposures, performance, and risk. Visualize diversification across asset classes, regions, and sectors. Stress-test ideas, compare benchmarks, and refine your strategy with professional-grade analytics.
