ONEZ ETF — TrueShares Seasonality Laddered Buffered ETF

TrueShares Seasonality Laddered Buffered ETF (ONEZ)

ONEZ is an ETF. its trailing-12-month yield is 3.68%, its expense ratio is 0.96%. Total return is 17.5% over the past 1.7 years, 12.2 points behind SPY at 29.7%.

TrueShares Seasonality Laddered Buffered ETF is an actively managed fund using a fund-of-funds approach that invests primarily in buffered and hedged ETFs focused on fixed income strategies. The fund currently distributes at a modest rate with an expense ratio of 0.96%; note that its latest distribution was special or one-time in nature and may not recur regularly. This fund may appeal to fixed income investors seeking actively managed exposure through a buffered strategy approach.

ONEZ performance versus SPY

Price and return data through 2026-09-30.

Total return is 17.5% over the past 1.7 years, 12.2 points behind SPY at 29.7%. Over the past year its total return — price change plus distributions reinvested — is 9.8%. Its deepest 1-year drawdown was 6.6%.

ONEZ key facts

Issuer

TrueShares

Asset type

ETF

Asset class

Fixed Income

Inception date

01/24/2025

Expense ratio

0.96%

Trailing yield

3.68%

Last close

$28.00 (as of 2026-09-30)

NAV

$27.99

Premium / discount

0.04% premium

AUM

$349,292,230

Average volume

13330.0

Last dividend

$1.031

Last ex-dividend date

12/24/2025

Beta

0.7015

P/E ratio

25.5938

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.68%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: TrueShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ONEZ risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.6%.

Who may consider ONEZ — and who may not

It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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