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NOVZ Stock Price, Chart, Stats & News

TrueShares Structured Outcome (November) ETF
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TrueShares Structured Outcome (November) ETF (NOVZ) is a dividend-paying ETF with a current dividend yield of 3.30% as of Sep 14, 2026. It pays $1.57 per share over the trailing twelve months and distributes annually.

Defined Outcome
Category
3.30%
Dividend yield
0.79%
Expense ratio
37.40M
Assets
14.75%
1Y return

NOVZ chart

NOVZ returns

YTD
8.58%
1Y
14.75%
3Y
15.66%
5Y
10.23%
10Y
0.00%
1Y volatility9.86%
3Y volatility9.97%
Sharpe ratio1.02

About

This actively managed exchange-traded fund (ETF) pursues its investment goals by committing nearly all of its assets to options contracts that derive their value from an underlying index. Specifically, on each designated "Initial Investment Day," the fund systematically purchases call options and sells put options. These options are tied to either the S&P 500 Price Index directly or an ETF designed to track its performance, and they are structured to mature by the subsequent "Roll Date." The fund operates with a non-diversified investment approach.

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