SEPZ
TrueShares Structured Outcome (September) ETF
7월 28일 3:27 PM ET (한국 7/29 04:27)
$45.01
+0.12 ▲ +0.27%
🌙 7월 28일 4:10 PM ET (한국 7/29 05:10)
$45.01
+0.00 +0.00%
SEPZ ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.
Total Expense Ratio
0.79%
Annual operating cost
Net Assets (AUM)
$127M
약 1738억원
Holdings
17 items
Dividend Yield
2.06%
Management Style
Passive
| Category | US Equities - Quant Strat | Asset Type | Equities (Stocks) | Return% 1Y | 12.61% | Total Holdings | 17 | Perf Week | -0.8% |
| ETF Type | US Equities | Active/Passive | Passive | Return% 3Y | 14.09% | AUM | $127M | Perf Month | 1.78% |
| Expense | 0.79% | NAV | $44.90 | Return% 5Y | 11.03% | 52W High | -2.54% | Perf Quarter | 2.74% |
| Dividend TTM | $0.93 (2.06%) | Div Gr. 3/5Y | 65.97% - | Return% 10Y | - | 52W Low | 13.34% | Perf Half Y | 5.28% |
| Flows% 1M | 1.82% | Flows% YTD | 8.52% | Return% SI | 12.26% | Volatility(W/M) | 0.53% 0.59% | Perf YTD | 6.5% |
| SMA20 | -0.72% | SMA50 | -0.58% | SMA200 | 4.08% | RSI (14) | 46.84 | Beta | 0.69 |
| IPO | 2020/9/1 | Prev Close | $44.89 | Perf Year | 10.37% | Avg Volume | 0.01M | Price | $45.01 |
TrueShares Structured Outcome (September) ETF (SEPZ) Investment Analysis
ETF Overview
TrueShares Structured Outcome (September) ETF · US Equities - Quant Strat
버퍼/구조화형 — 옵션으로 하락 일부 방어 · 상승도 제한
2020년 상장, 6년 운영 중.
TrueShares Structured Outcome (September) ETF는 약 12개월의 성과 기간 동안 S&P 500 지수의 주가 수익률을 추종하면서 첫 8%에서 12% 사이의 하락 손실을 방어(버퍼)하고자 합니다. 지수 참조 옵션에 자산의 실질적으로 전부를 투자하여 정해진 시점에 목표한 결과를 실현하고자 하는 액티브 운용 방식의 비분산형(Non-diversified) 펀드입니다.
📘 SEPZ ETF 자세히 알아보기 →U.S.optionsbufferupside-cap
- 규모
- $127M 약 1738억원
- 운용사
- TrueShares
- 운용 방식
- 패시브 (지수 추종)
- 상장일
- 2020년
Cost Efficiency
Annual Expense Ratio · Category Rank · Long-Term Cost Impact
Average expense ratio — 0.79% annually
Mid-range within the US Equities - Quant Strat category.
Effective Annual Expense Ratio (Net Expense Ratio)
평균권0.79%
My positionMid-range
Low range Average High range
Actual Cost Simulation by Investment Amount
$100.0M
Annual Expense Ratio
$790K
Same as category average
Category Median Annual Cost
$790K
Based on expense ratio of 0.79%
10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)
$14.1M
14.5% of returns you could have earned goes to the fund manager due to fees
Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.
Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.
Cheaper alternatives in the same category
CBOX
Calamos Tax-Aware Collateral ETF
0.14%
-0.65%p annually
XBOX
Roundhill Ultra Short Duration No Dividend Target ETF
0.14%
-0.65%p annually
SELV
SEI QiM U.S. Large Cap Low Volatility Active ETF
0.15%
-0.64%p annually
* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.
Long-Term Performance
1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense
Upper-tier returns in its category
상위 25% within US Equities - Quant Strat.-5.2%p vs. benchmark (SPY) over 1Y.
ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.
🛡️ Buffered / Structured ETF — designed for a defined outcome period
These use options to buffer a portion of downside losses while also capping upside gains. They typically have a 1-year outcome period; buying or selling outside this window means the buffer and cap may apply differently. Total return and win-rate versus the benchmark are inherently limited by the structure.
If you had invested 5 year(s) ago
$100.0M
Today's value
$168.7M
→
Total gain
+$68.7M
Annualized +11.0%
1 Year
2025.07 ~ 2026.07
Annualized +12.61%
평균권Trailed the benchmark by 5.2%p annually
My positionMid-range
Low range Average High range
3 Years
2023.07 ~ 2026.07
Annualized +14.09% Cumulative +48.5%
평균권Trailed the benchmark by 5.2%p annually
My positionMid-range
Low range Average High range
5 Years
2021.07 ~ 2026.07
Annualized +11.03% Cumulative +68.7%
상위 25%Trailed the benchmark by 2.2%p annually
My positionTop 25%
Low range Average High range
10Y
2016.07 ~ 2026.07
Listed 2020/9 — under 10 years
6Y Cumulative Total Return Curve
2020-09-01 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.
SEPZ · Price Only SEPZ · Price + Cumulative Dividends SEPZ · Dividend Reinvested S&P 500 (SPY)
50
100
150
200
250
ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.
Annual Return Comparison
ETF returns vs S&P 500 (SPY) by calendar year
SEPZ S&P 500 (SPY)
+40%
0%
−40%
2020
2021
2022
2023
2024
2025
2026 YTD
ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.
Win rate vs S&P 500 (SPY)
1 / 6Y
Lags behind benchmark (17%)
+ 2026 YTD: Behind (6.6% vs 8.7%)
2020 ✗
2021 ✗
2022 ✓
2023 ✗
2024 ✗
2025 ✗
2026 ✗ YTD
ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.
Downside Capture
78%
Falls less than the benchmark in drawdowns — strong downside protection
<85% (Defend) 85~110% (Track) >110% (Lag)
ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).
Risk Profile
Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History
Overall Risk Grade
Low Risk
Less volatile than the market average, making it relatively easy to hold over time.
Beta (market sensitivity)
평균권0.69
If the market rises +10% +6.9%
If the market falls -10% -6.9%
My positionMid-range
Low range Average High range
ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.
Average daily range (last 1 month)
평균권±0.59%
S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more
Annual volatility trend (past 10 years)
ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.
Max Drawdown · Past 10 years
-15.2%
2020-09-01 Worst -12% 2026-07-01
ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.
Sharpe Ratio (Risk-Adjusted Return)
0.75
Average — Moderate risk-adjusted returns
ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.
Estimated Monthly Maximum Loss (VaR 95%)
-3.9%
Historically, monthly losses exceeding this figure occurred only5%of the time.
ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.
Dividend Analysis
Yield · Dividend history · After-tax income calculator
Pays dividends, but at a relatively low rate — 2.06% annually
Closer to a blend of growth and dividends.
배당수익률
2.06%
주당 배당
$0.93
연간 기준
5년 성장률
-
지급 주기
연배당
12월
연도별 배당 총액 추이
주당 배당금을 연 단위로 합산한 금액입니다. 막대가 우상향이면 매년 배당이 늘어나고 있다는 뜻입니다.
$0.02
2021
$0.20 +1168.8%
2022
$1.19 +484.2%
2023
$1.38 +16.5%
2024
$0.93 -32.9%
2025
$X.XX 그 해 총 배당금 +X% 전년 대비 증가 -X% 감소
최근 배당 이력 총 5건
아래로 스크롤하면 과거 배당 이력을 볼 수 있습니다.
배당락일
주당 금액
지급일
당시 수익률
2025-12-24
$0.928
—
5.43%
2024-12-27
$1.38
—
3.58%
2023-12-27
$1.19
—
4.15%
2022-12-29
$0.203
—
0.74%
2021-12-29
$0.016
—
0.05%
* "배당락일"은 배당받으려면 이 날 이전에 주식을 보유해야 하는 기준일입니다. 지급일·당시 수익률은 일부 종목에서 데이터가 없을 수 있습니다.
💰 내가 $100K 투자한다면
연간 배당금 (세후) $2K
5년 누적 (세후) $9K
* 환율 1 가정, 배당소득세 15% 반영. 5년 누적은 배당 성장률 연 0% 가정.
* Qualified dividend middle-bracket approximation. Actual rate varies by total income.
Overall investment appeal
What this ETF fits best — strengths, weaknesses, and target investor profile
Strengths and weaknesses both present Check the fit below to see whether it matches your investing goal.
🎯 목적별 적합도
내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.
적합
매우 낮음
매우 낮음
낮음
이런 분에게 어울려요
Long-term and recurring investors
✅ 강점
- 📈Top-tier long-term returns
⚠️ 약점·주의사항
특별한 약점이 보이지 않아요.
Portfolio Composition
What's actually inside — sector weights and top holdings
상위 10종목이 102% 차지
소수 종목에 집중돼 개별 종목 변동에 크게 영향을 받을 수 있어요.
ℹ️ 왜 구성을 봐야 하나요?
ETF의 실제 성과는 담고 있는 종목과 섹터에서 나와요. 이름이 "S&P 500"이라도 기술주 비중이 유난히 높을 수 있고, "배당주 ETF"라도 몇몇 대형주에 쏠려 있을 수 있어요. 라벨보다 실제 구성을 확인하는 게 중요해요.
🔬 집중도 한눈에 보기
총 보유종목
8개
상위 10개 비중
102.5%
최대 단일 종목
96.66%
집중도(HHI)
9374
높음 (집중)
⚠️ 소수 종목·섹터에 집중되어 있어, 해당 종목/섹터가 흔들리면 ETF 전체가 크게 영향을 받아요.
📋 상위 보유 종목 Top 10 Top 10이 전체의 100.1% 차지
티커 옆의 점 색상 = 섹터 구분 (섹터 차트와 동일 색상)
Category Peers
Category: US Equities - Quant Strat
같은 카테고리 6종 중 AUM 6/6위 · 보수율 1/6위
카테고리: US Equities - Quant Strat
ℹ️ 왜 비교해야 하나요?
같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 SEPZ보다 유리, ▼ 표시는 SEPZ보다 불리를 뜻해요.
| 티커 | ETF명 | 보수율 | AUM | 보유종목 | 배당률 | YTD | 1년 |
|---|---|---|---|---|---|---|---|
| SEPZ | TrueShares Structured Outcome (September) ETF | 0.79% | $127M | 17 | 2.06% | +6.50% | +10.37% |
| FT Vest Laddered Buffer ETF | 0.95% ▼ | $10.1B ▲ | 13 | - | - | +12.67% ▲ | |
| Innovator Equity Managed Floor ETF | 0.89% ▼ | $2.1B ▲ | 196 | 0.28% ▼ | - | +10.40% ▲ | |
| FT Vest Laddered Deep Buffer ETF | 0.95% ▼ | $2.0B ▲ | 13 | - | - | +10.50% ▲ | |
| FT Vest Laddered Nasdaq Buffer ETF | 1% ▼ | $1.5B ▲ | 5 | - | - | +12.97% ▲ | |
| Innovator U.S. Equity Power Buffer ETF - January | 0.79% | $1.4B ▲ | 5 | - | - | +10.99% ▲ |
AUM 내림차순 정렬 · ▲ SEPZ보다 유리 · ▼ SEPZ보다 불리
Leveraged & Covered Call ETFs on the Same Theme
ETFs that approach the same theme with a different strategy
21 ETFs tracking the same theme as SEPZ using leveraged or covered call strategies (Leverage 8 · Inverse 5 · Covered Call 8)
Not direct derivatives of SEPZ, but ETFs that cover the same theme via a different strategy.
ℹ️ Which ETFs are included?
Among ETFs whose theme (category or sector) overlaps with SEPZ, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.
⚠️ Caution: Long-Term Holding
Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.
Leverage 8 ETFs that amplify the same theme by 2-3x (high volatility)
XQQI
NEOS Boosted Nasdaq-100 High Income ETF
-1.45%
$244M
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
-0.02%
$131M
XBCI
NEOS Boosted Bitcoin High Income ETF
-1.76%
$106M
XBJA
Innovator U.S. Equity Accelerated 9 Buffer ETF - January
+0.22%
$87M
XSPI
NEOS Boosted S&P 500 High Income ETF
+0.34%
$79M
SEMY
GraniteShares YieldBOOST Semiconductor ETF
-1.34%
$76M
XBJL
Innovator U.S. Equity Accelerated 9 Buffer ETF - July
+0.21%
$74M
XDSQ
Innovator U.S. Equity Accelerated ETF - Quarterly
+0.33%
$69M
Inverse 5 ETFs that bet on declines in the same theme
WNTR
YieldMax MSTR Short Option Income Strategy ETF
+1.64%
$76M
FIAT
YieldMax Short COIN Option Income Strategy ETF
+0.04%
$34M
CRSH
YieldMax Short TSLA Option Income Strategy ETF
+0.42%
$18M
YQQQ
YieldMax Short N100 Option Income Strategy ETF
+0.60%
$15M
DIPS
YieldMax Short NVDA Option Income Strategy ETF
-0.44%
$8M
Covered Call & Options 8 ETFs that add a monthly dividend via covered calls on the same theme
JEPI
JPMorgan Equity Premium Income ETF
+0.68%
$45.6B
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
-0.95%
$39.1B
SPYI
NEOS S&P 500 High Income ETF
+0.27%
$10.8B
QYLD
Global X NASDAQ 100 Covered Call ETF
-0.40%
$8.1B
DIVO
Amplify CPW Enhanced Dividend Income ETF
+0.86%
$7.5B
XYLD
Global X S&P 500 Covered Call ETF
+0.17%
$3.2B
FTHI
First Trust BuyWrite Income ETF
-0.38%
$2.4B
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
+0.51%
$1.9B
FAQ
What kind of ETF is SEPZ?
SEPZ is an ETF in the US Equities - Quant Strat category, managed by TrueShares.
How many holdings does SEPZ have?
SEPZ holds a total of 17 securities, with an AUM of approximately $127M.
Does SEPZ pay dividends (distributions)?
SEPZ's distribution yield is approximately 2.06%.
What is the 52-week high and low for SEPZ?
SEPZ has recorded a 52-week high of $46.18 and a low of $39.71.
면책조항: 본 콘텐츠는 참고 자료이며 투자 권유가 아닙니다. 모든 투자의 책임은 투자자 본인에게 있습니다.