FLDZ
TrueShares Patriot Defense ETF
HONOR THEIR SACRIFICE / INVEST IN THEIR LEGACIES / MAKE AN IMPACT
As of 12/31/2025, $90,000 has been donated to the Folds of Honor Foundation.
The TrueShares Patriot Defense ETF seeks capital growth through investing in defense companies included in the Global Industry Classification Standard of Aerospace & Defense. FLDZ invests at least 80% of its assets in defense companies, including the manufacturers of civil or military aerospace and defense equipment parts or products, such as defense electronics and space equipment. The entirety of FLDZ’s management fee, less fund operating expenses, is used to support the mission of the Folds of Honor Foundation.
Listing Information
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Autocallables
Performance
Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value and are not individually redeemable from the fund. Call 877.774.TRUE for more information.
Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Effective August 1, 2026, the market price returns are calculated using the official closing price as reported by the ETF’s primary exchange. Prior to August 1, 2026, market price returns for certain periods were calculated using the midpoint between the bid and ask prices as of the closing time of the ETF’s primary exchange (typically 4 p.m., Eastern time). NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to when the fund first traded on an exchange.
The Fund changed its name from River North Patriot ETF (FLDZ) to TrueShares Patriot Defense ETF (FLDZ) on July 9, 2026. The fund will continue to trade under Ticker (FLDZ). Effective July 9, 2026, the Fund changed its principal investment strategy. Accordingly, the Fund's performance prior toJuly 9, 2026 was achieved under investment policies and strategies that differ from those currently in effect. Please review the fund’s prospectus to view the current Investment strategy. Effective 05/15/2026, Joe Bailey is no longer the portfolio manager of FLDZ. Effective 07/09/2026, Patrick Galley is no longer the portfolio manager of FLDZ. Andy Lyons and Ben Reidy are now Portfolio Managers.
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Outcome Period Values
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Current Outcome Period Values
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Top 10 Holdings
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Distributions
Fund Documents
Fees & Trading Details
Disclosures
The 30-Day Yield represents net investment income earned by the Fund over a 30-Day period, expressed as an annual percentage rate based on the Fund's share price at the end of the 30-Day period.
Equity Market Risk. The equity securities held in the Fund's portfolio may experience sudden, unpredictable drops in value or long periods of decline in value. This may occur because of factors that affect securities markets generally or factors affecting specific issuers, industries, sectors or companies in which the Fund invests. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stocks and debt obligations, because common stockholders generally have inferior rights to receive payment from issuers.
Before investing, carefully consider the TrueShares ETFs investment objectives, risks, charges and expenses. Specific information about TrueShares is contained in the prospectus and a summary prospectus, copies of which may be obtained by visiting www.www.true-shares.com. Read the prospectus carefully before you invest. The fund is distributed by Paralel Distributors LLC, Member FINRA. Paralel is not affiliated with TrueMark Investments and RiverNorth Capital Management.
An investment in TrueShares is subject to numerous risks, including possible loss of principal. The ETFs are subject to the following principal risks: Authorized Participants, Market Makers, and Liquidity Providers Concentration Risk associated with ETFs; Equity Market Risk; Management Risk; Market Capitalization Risk (Large Cap; Mid Cap, Small Cap Stock); Market Risk; New Fund Risk: The Fund is a recently organized, non-diversified management investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision. Additionally, the Adviser has not previously managed a registered fund, which may increase the risks of investing in the Fund.
Individual investors should contact their financial advisor or broker dealer representative for more information on TrueShares ETFs.
Investment Products and Services are: NOT FDIC INSURED / MAY LOSE VALUE / NO BANK GUARANTEE.
All registered investment companies, including TrueShares, are obliged to distribute portfolio gains to shareholders at year-end regardless of performance. Trading in TrueShares ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer.
TrueShares ETFs are bought and sold through exchange trading at market price, not Net Asset Value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
ETF shares may be bought or sold throughout the day at their market price, not their NAV, on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market.
ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF's NAV. Brokerage commissions and ETF expenses will reduce returns.
TrueShares ETFs ) are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940.
TrueMark Investments, LLC is the investment advisor to the Funds and receives a fee from the Funds for its services.
TrueShares ETFs are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this website should be considered a solicitation to buy nor an offer to sell shares of any fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
30-Day Median Bid-Ask Spread: Gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.