Trueshares Structured Outcome (July) ETF (JULZ) Performance
JULZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.8% since Dec 31, 2025
- 1 year
- +10.0% total return
- 5 years
- +10.1% a year
- Since first price
- +13.2% a year since 2020
JULZ trailing returns vs SPY, QQQ, AGG
| Period | JULZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.1% | +2.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.6% | +5.6% | +7.8% | +8.4% | −1.5% |
| YTD | +8.8% | +8.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.0% | −1.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +60.1%+17.0%/yr | +33.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +61.7%+10.1%/yr | +35.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJul 2, 2020 | +118.5%+13.2%/yr | +82.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: JULZ vs SPY
From Jul 2, 2020: JULZ grew to $21,848, SPY to $26,496.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JULZ returns by calendar year
4 of 5 full years positive. Best 2021 (+20.7%), worst 2022 (−9.3%). 2026 is year to date.
JULZ annual returns table
| Year | JULZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.8% | −8.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.2% | −14.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.8% | −6.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.6% | −6.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −9.3% | −14.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +20.7% | −3.8% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
JULZ largest drawdowns
Now 2.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −14.7% | Apr 8, 2025 | Jun 27, 2025 | 48 days | 4 months |
| Dec 29, 2021 | −14.6% | Jun 16, 2022 | Jun 30, 2023 | 6 months | 1.5 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
JULZ risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +16.8% | +11.1% | +13.0% |
| Volatility (annualized) | 10.1% | 11.4% | 11.5% |
| Sharpe ratio | 1.16 | 0.67 | 0.88 |
| Sortino ratio | 2.29 | 1.10 | 1.53 |
| Best month | +9.6% | +9.6% | +9.6% |
| Worst month | −4.6% | −6.8% | −6.8% |
| Best 12 months | +27.3% | +27.3% | +31.7% |
| Worst 12 months | +5.6% | −9.3% | −9.3% |
| Positive months | 64% | 60% | 62% |
| Beta vs S&P 500 | 0.81 | 0.72 | — |
| Correlation with S&P 500 | 0.99 | 0.98 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
JULZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 64 | −9.3% | +12.7% | +31.7% | 86% |
| 3-year (a year) | 40 | +7.3% | +10.6% | +18.0% | 100% |
| 5-year (a year) | 16 | +9.5% | +11.3% | +14.3% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
JULZ performance overview
Trueshares Structured Outcome (July) ETF (JULZ) returned +10.0% over the past year and +10.1% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +13.2% a year, turning $10,000 into about $21,848. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.7%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. JULZ finished 4 of its 5 full calendar years with a gain; the best year was 2021 (+20.7%) and the worst 2022 (−9.3%). Volatility has been 11.5% a year.
Related: JULZ chart, JULZ dividends. See the JULZ overview for the latest quote and fund facts.
JULZ performance FAQ
What is the JULZ return over the past year?
JULZ returned +10.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.6%.
What is the average annual return of JULZ?
JULZ has returned +10.1% a year over 5 years, +13.2% a year since July 2, 2020 (total return, distributions reinvested).
How much would $10,000 invested in JULZ be worth?
$10,000 invested in JULZ at its first recorded close on July 2, 2020 would be worth about $21,848 on October 23, 2026 with distributions reinvested.
What was the worst year for JULZ?
The worst calendar year was 2022, with a total return of −9.3%. The best was 2021 at +20.7%.
What is the biggest drawdown of JULZ?
The largest peak-to-trough decline was −14.7% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 27, 2025, 3 months after the bottom.
How volatile is JULZ?
Over the past 3 years JULZ had an annualized volatility of 10.1% and a Sharpe ratio of 1.16 (excess return over 1–3 month T-bills per unit of risk).