---
ticker: "JANZ"
name: "TrueShares Structured Outcome (January) ETF"
url: "https://etf.net/etf/JANZ"
grade: "D"
score: 36
graded_at: "2026-10-12"
category: "S&P 500 Buffer 9-12%"
category_rank: "68 of 77"
methodology: "https://etf.net/methodology"
---

# JANZ: TrueShares Structured Outcome (January) ETF

Grade **D**, Score 36 of 100. Rank 68 of 77 in S&P 500 Buffer 9-12%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 40 | 34 of 77 |
| Mission | Not scored | — |
| Risk | 29 | 64 of 76 |
| Tradability | 34 | 56 of 77 |
| Holdings | Not scored | — |
| Durability | 49 | 39 of 77 |

## Top holdings

The fund holds 14 positions. These are the largest 14, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Treasury Bill B 12/24/26 | 85.61% |
| 2 | — | SPY 12/31/26 C681.95 Euro Cash Flex | 10.08% |
| 3 | — | State Street Inst U.s. Government Mmkt Admn Class | 2.68% |
| 4 | — | SPY 12/31/26 C696.01 Euro Cash Flex | 0.87% |
| 5 | — | SPY 12/31/26 C697.01 Euro Cash Flex | 0.28% |
| 6 | — | SPY 12/31/26 C680.00 Euro Cash Flex | 0.23% |
| 7 | — | SPY 12/31/26 C687.00 Euro Cash Flex | 0.21% |
| 8 | — | SPY 12/31/26 C700.00 Euro Cash Flex | 0.06% |
| 9 | — | SPY 12/31/26 C714.00 Euro Cash Flex | 0.05% |
| 10 | — | SPY 12/31/26 C788.49 Euro Cash Flex | 0.04% |
| 11 | — | Broker Sweep | 0.04% |
| 12 | — | SPY 12/31/26 C747.00 Euro Cash Flex | 0.02% |
| 13 | — | SPY 12/31/26 C791.87 Euro Cash Flex | 0.02% |
| 14 | — | SPY 12/31/26 C710.00 Euro Cash Flex | 0.02% |

Source: etf.net, https://etf.net/etf/JANZ. Please cite the page URL.