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ETFs

TrueShares Structured Outcome (February) ETF

FEBZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 31, 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
TrueShares
Volume (1m avg. daily)
$1,777
AUM
$3,323,958
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS BILLS 01/25/2024
93.51%
n/a
SPY 01/31/2024 406.48 C
6.71%
n/a
Cash & Other
0.47%
n/a
SPY 01/31/2024 365.83 P
-0.69%
Invest with FEBZ

What is FEBZ?

The TrueShares Structured Outcome ETF Series utilizes a buffer protect options strategy, that seeks to provide investors with returns (before fees and expenses) that track those of the S&P 500 Price Index while seeking to provide an 8-12% downside buffer (with the advisor targeting 10%) on the first of that index s losses over a 12-month investment period.1 The FEBZ defined outcome period begins on February 1, 2021 and resets exactly 12 months later. The strategy is implemented through the purchase and sale of options on the S&P 500 Price Index or an ETF that tracks the S&P 500 Price Index.

ETFs related toFEBZ

ETFs correlated to FEBZ include GAUG, DECZ, SPUU

FEBZ
Listed Funds Trust - TrueShares Structured Outcome (February) ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFEBZ

#DSS

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Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FEBZ using Composer

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FAQ

FEBZ is a US Equities ETF. The TrueShares Structured Outcome ETF Series utilizes a buffer protect options strategy, that seeks to provide investors with returns (before fees and expenses) that track those of the S&P 500 Price Index while seeking to provide an 8-12% downside buffer (with the advisor targeting 10%) on the first of that index s losses over a 12-month investment period.1 The FEBZ defined outcome period begins on February 1, 2021 and resets exactly 12 months later. The strategy is implemented through the purchase and sale of options on the S&P 500 Price Index or an ETF that tracks the S&P 500 Price Index.

FEBZ tracks the S&P 500 Index.

No, FEBZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FEBZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FEBZ is -0.0074%. This is the percent change in the value of FEBZ over the most recent 1-month period. The 3-month return on FEBZ is 0.0015%. This is the percent change in the value of FEBZ over the most recent 3-month period.

The standard deviation of FEBZ for the past year is 0.1294%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FEBZ include UAPR, UAUG, and ACIO.

ETFs correlated to FEBZ include GAUG, DECZ, and SPUU.

ETFs that are inversely correlated to FEBZ include SPDN, SDS, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.