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Launched · SEC filings

TrueShares Structured Outcome (June) ETF

JUNZCboeD

$36.27+0.03 (+0.09%)

As of Oct 13, 2026, 3:59 PM

D31/ 100

Rank 74 of 77 in S&P 500 Buffer 9-12%

D31/100Rank 74 of 77inS&P 500 Buffer 9-12%
Intraday session: up, 72 prints from 36.24 to 36.27. Range 36.20 to 36.30. Use the arrow keys to read each point.36.2036.2236.3010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$31M
1Y total return
+14.6%
Yield · Last 12 months
2.07%
Holdings
5
Avg volume · 30D
0M sh
NAV per share
$36.29
52W range
low $30.54high $36.28
Launched
Filings
SEC EDGAR

The ETF.net JUNZ Grade

Based on 4 of 6 pillars

D

Score 31 out of 100

Category
S&P 500 Buffer 9-12%⁠
Rank
74 of 77
Six-pillar profile for JUNZ. Scores out of 100: Cost 40, Risk 26, Mission not scored, Tradability 16, Holdings not scored, Durability 40. Strongest: Cost (40). Weakest: Tradability (16). Based on 4 of 6 pillars.

Score 31 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C40 out of 100
    Rank 34 of 77

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 65 of 76

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F16 out of 100
    Rank 69 of 77

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C40 out of 100
    Rank 59 of 77

Our read on JUNZ

ETF.net Research

DThe June entry in TrueShares' monthly buffer lineup, built on an unusual twist: it aims to absorb the first 8% to 12% of S&P 500 price losses over a twelve-month stretch without writing an upside ceiling into its outcome terms.

Stated mandate

The Fund seeks pre-expense returns tracking the S&P 500 Price Return Index while buffering the first 8%–12% of index losses over a twelve-month period.

Why people hold it

  1. 01Most buffer funds sell away your upside to pay for the cushion. This one's stated terms set a downside buffer with no cap figure attached, a rare structure in the S&P 500 buffer aisle.
  2. 02The 0.79% expense ratio sits right at the median for S&P 500 buffer funds, and matches what the big-name monthly buffer series charge (PMAY, for one).
  3. 03Running since 2021 as a 1940 Act ETF, with a fresh twelve-month outcome period starting each June. The reset date is fixed and knowable, not a moving target.

Worth knowing

  1. 01The buffer is a range (8% to 12%), not a fixed promise, and it is measured over the full twelve-month period. Buy mid-period and your own cushion and starting point differ from the headline.
  2. 02The reference is the S&P 500 Price Return Index, so index dividends sit outside what the fund targets.
  3. 03A small fund that trades thinly, so spreads can widen. Limit orders are the tool here. Same-index buffer exposure also exists cheaper, such as BUFP at 0.50%.

JUNZ Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
5
Top-10 weight
102%
Largest holding
Treasury Bill B 05/13/2794.4%

Sectors

  • Technology38.5%
  • Financials11.5%
  • Communication9.9%
  • Consumer Discretionary9.5%
  • Health Care8.9%
  • Industrials8.4%
  • Consumer Staples4.5%
  • Energy3.0%
  • Utilities2.2%
  • Real Estate1.8%
  • Materials1.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Treasury Bill B 05/13/2794.36%29,650,400$29M13
002—SPY 05/28/27 C756.49 Euro Cash Flex6.98%330$2M1
003—SPY 05/28/27 C774.00 Euro Cash Flex0.19%11$58K1
004—Broker Sweep0.16%47,815$48K14
005—State Street Inst U.s. Government Mmkt Admn Class0.10%30,048$30K23

Showing 1–5 of 5 holdings

JUNZ Performance

Launched May 28, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
JUNZ$11,455
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. JUNZ $11,455. SPY $12,044. Use the arrow keys to read each point.$9,494$10,872$12,249Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for JUNZ. Periods over one year show the average yearly return.
PeriodJUNZ
Year to date+10.9%
1 month+1.4%
3 months+2.2%
1 year+14.6%
3 yearsper year+16.5%
5 yearsper year+9.9%
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JUNZ
YearReturn barJUNZ
2026 YTD+10.9%
2025+12.8%
2024+17.4%
2023+17.2%
2022−12.9%
2021+9.8%

History from Jun 1, 2021

JUNZ in the news

Filtered to JUNZ · S&P 500 Buffer 9-12%

JUNZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
2.07%Last 12 months
Payout per share
$0.75Last 12 months
Last payment
$0.75 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2021–2026

One bar per payment. 5 payments from 2021 to 2026 YTD. Dec 29, 2021 $0.09; Dec 29, 2022 $0.13; Dec 27, 2023 $1.58; Dec 27, 2024 $1.18; Dec 24, 2025 $0.75. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 26, 2025$0.75
Dec 27, 2024Dec 30, 2024$1.18
Dec 27, 2023Dec 29, 2023$1.58
Dec 29, 2022Jan 3, 2023$0.13
Dec 29, 2021Dec 31, 2021$0.09

JUNZ Risk

How much the fund’s monthly returns vary, scaled to a year.
10.0%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.13
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−17.9%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.79
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

JUNZ Cost

Expense ratio0.79%
  • The middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

33 of the 77 S&P 500 Buffer 9-12% funds charge less.

JUNZ costs $79.00 a year on $10,000. The median S&P 500 Buffer 9-12% fund costs $79.00.

Other funds in S&P 500 Buffer 9-12%

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