Performance analysis of NOVZ (TrueShares Structured Outcome (November) ETF)
Annual Return
Over the past 3 years, NOVZ has had an average annual return of +14.49%, underperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, NOVZ has had an average annual return of +10.60%, underperforming the benchmark SPY, which returned +12.73% annual.
Since Nov 2, 2020, NOVZ has had an average annual return of +13.52%, underperforming the benchmark SPY, which returned +16.98% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +7.26% | +13.02% | +19.12% | +18.06% | -9.58% | +21.46% | +10.30% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.02% | -0.70% | -3.62% | +7.68% | +4.05% | -0.97% | -0.02% | +7.26% | |||||
| 2025 | +2.11% | -1.13% | -4.26% | -0.45% | +4.54% | +3.72% | +1.64% | +1.56% | +3.09% | +1.99% | -0.15% | -0.04% | +13.02% |
| 2024 | +1.55% | +4.19% | +2.54% | -3.41% | +3.95% | +3.07% | +0.95% | +1.83% | +1.88% | -0.83% | +4.36% | -2.11% | +19.12% |
| 2023 | +4.43% | -1.49% | +2.42% | +0.97% | +0.28% | +4.96% | +2.37% | -1.21% | -3.98% | -1.77% | +6.72% | +3.56% | +18.06% |
| 2022 | -3.73% | -2.19% | +2.79% | -6.08% | +0.87% | -5.18% | +6.91% | -1.87% | -7.98% | +7.90% | +4.07% | -4.06% | -9.58% |
| 2021 | -0.55% | +2.18% | +3.27% | +4.13% | +0.39% | +1.83% | +1.83% | +2.51% | -4.02% | +6.08% | -0.98% | +3.32% | +21.46% |
| 2020 | +7.35% | +2.75% | +10.30% |
Drawdown analysis of NOVZ (TrueShares Structured Outcome (November) ETF)
The maximum drawdown for the NOVZ was -16.62%, occurring on Oct 12, 2022. Recovery took 169 trading sessions.
The current NOVZ drawdown is -1.39%.
Since Nov 2, 2020 NOVZ has experienced the following drawdowns:
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.62% | Dec 29, 2021 | 198 | Oct 12, 2022 | 169 | Jun 15, 2023 | 367 |
| -14.63% | Feb 19, 2025 | 34 | Apr 8, 2025 | 55 | Jun 27, 2025 | 89 |
| -8.30% | Jul 31, 2023 | 63 | Oct 27, 2023 | 29 | Dec 8, 2023 | 92 |
| -7.19% | Jul 16, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -6.72% | Jan 12, 2026 | 53 | Mar 30, 2026 | 11 | Apr 15, 2026 | 64 |
| -4.53% | Sep 3, 2021 | 20 | Oct 4, 2021 | 12 | Oct 20, 2021 | 32 |
| -4.51% | Mar 28, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
| -3.90% | Oct 29, 2025 | 16 | Nov 20, 2025 | 22 | Dec 23, 2025 | 38 |
| -3.57% | Feb 12, 2021 | 13 | Mar 4, 2021 | 5 | Mar 11, 2021 | 18 |
| -3.50% | Dec 6, 2024 | 22 | Jan 10, 2025 | 8 | Jan 23, 2025 | 30 |
| -3.46% | May 7, 2021 | 3 | May 12, 2021 | 21 | Jun 11, 2021 | 24 |
| -3.35% | Jun 2, 2026 | 6 | Jun 10, 2026 | Ongoing | Ongoing | Ongoing |
| -3.15% | Nov 18, 2021 | 8 | Dec 1, 2021 | 16 | Dec 23, 2021 | 24 |
| -2.89% | Jan 21, 2021 | 6 | Jan 29, 2021 | 4 | Feb 4, 2021 | 10 |
| -2.51% | Jul 12, 2021 | 5 | Jul 19, 2021 | 4 | Jul 23, 2021 | 9 |
| -2.47% | Oct 14, 2024 | 15 | Nov 4, 2024 | 2 | Nov 6, 2024 | 17 |
| -2.44% | Oct 8, 2025 | 2 | Oct 10, 2025 | 10 | Oct 24, 2025 | 12 |
| -1.93% | Jul 25, 2025 | 5 | Aug 1, 2025 | 7 | Aug 12, 2025 | 12 |
| -1.64% | Mar 17, 2021 | 5 | Mar 24, 2021 | 5 | Mar 31, 2021 | 10 |
| -1.64% | Jan 23, 2025 | 7 | Feb 3, 2025 | 8 | Feb 13, 2025 | 15 |
| -1.60% | May 14, 2026 | 3 | May 19, 2026 | 4 | May 26, 2026 | 7 |
| -1.59% | Jun 15, 2023 | 6 | Jun 26, 2023 | 4 | Jun 30, 2023 | 10 |
| -1.56% | Jun 14, 2021 | 4 | Jun 18, 2021 | 4 | Jun 24, 2021 | 8 |
| -1.55% | Dec 28, 2023 | 4 | Jan 4, 2024 | 4 | Jan 10, 2024 | 8 |
| -1.54% | Nov 11, 2024 | 4 | Nov 15, 2024 | 7 | Nov 26, 2024 | 11 |