Trueshares Structured Outcome (July) ETF
JULZ
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 402 W. Broadway, Suite 400 San Diego CA United States of America 92101
- IPO Date
- Jul 2, 2020
- CIK
- 0001683471
- Website
- true-shares.com
- Similar Companies
- Business
- TrueShares Structured Outcome (July) ETF (JULZ) is an actively managed exchange-traded fund that seeks to provide investors with returns that track the S&P 500 Price Index while offering a downside buffer against the first 10% of S&P 500 losses over a one-year outcome period resetting annually in July; the fund implements this strategy by investing substantially all of its assets in call and put options referencing the S&P 500 Price Index or an ETF tracking it, such as SPY FLEX options, collateralized primarily by U.S. Treasury bills and money market funds including State Street Institutional U.S. Government Money Market Fund. Launched on June 30, 2020, and listed on Cboe BZX Exchange under ticker JULZ with CUSIP details and an expense ratio of 0.79%, JULZ forms part of TrueShares' broader series of twelve monthly Structured Outcome ETFs (JANZ through DECZ), each providing similar buffered exposure tailored to different annual reset periods; the series targets investors seeking equity-like upside participation, typically 70-88% of S&P 500 gains, with principal protection features over defined periods. TrueShares, the ETF brand of TrueMark Investments—a Chicago-based firm founded in 2019 with headquarters in Rosemont, Illinois—manages JULZ and the full lineup of over 25 actively managed ETFs focused on volatility management, income generation, thematic exposure, and portfolio tools, serving advisors, institutions, and individual investors primarily in the U.S. market. Recent developments include TrueMark's TrueShares lineup surpassing $1 billion in assets under management as of May 2025, the August 2025 launch of the TrueShares ConVex Protect ETF (PVEX) for convex equity exposure with downside mitigation, and the August 2024 conversion of RiverNorth Core Opportunity Fund into the RiverNorth Active Income ETF (CEFZ) in partnership with RiverNorth Capital Management, where TrueShares acts as advisor and RiverNorth as sub-advisor; additionally, in late 2024 TrueShares introduced the Seasonality Laddered Buffered ETF (ONEZ), blending its buffered ETFs with quarterly hedge strategies. As of December 2025, JULZ maintains a current NAV around $46.49, with approximately 195 days remaining in its outcome period starting from a reference NAV of $29.24 and S&P 500 reference price of 4796, holding top positions in Treasury Bill B 06/11/26 (81.55%), SPY call and put options, and cash equivalents.