NOVZ vs BBLB
Comparison between TrueShares Structured Outcome (November) ETF (NOVZ, ETF) and JPMORGAN BETABUILDERS U.S. TREASURY BOND 20+ YEAR ETF (BBLB, ETF).
NOVZ vs BBLB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
NOVZ
$31M
Winner
BBLB
$31M
Expense Ratio
NOVZ
0.79%
Winner
BBLB
0.04%
Max Drawdown
Winner
NOVZ
16.96%
BBLB
23.25%
Sharpe Ratio
Winner
NOVZ
1.40
BBLB
0.09
5Y Beta
NOVZ
0.74
Winner
BBLB
0.05
NOVZ vs BBLB - Historical Returns
Returns include dividend reinvestment.
1M
NOVZ
+0.34%
Winner
BBLB
+1.17%
3M
Winner
NOVZ
+8.56%
BBLB
-0.36%
6M
Winner
NOVZ
+6.76%
BBLB
+0.39%
1Y
Winner
NOVZ
+17.99%
BBLB
+2.94%
5Y(CAGR)
NOVZ
+10.98%
BBLB
N/A
Max(CAGR)
Winner
NOVZ
+13.69%
BBLB
-2.16%
NOVZ vs BBLB - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | NOVZ | BBLB |
|---|---|---|
| 2026 | +6.68% | +0.30% |
| 2025 | +13.16% | +4.27% |
| 2024 | +19.69% | -7.16% |
| 2023 | +18.35% | -2.90% |
| 2022 | -9.93% | N/A |
| 2021 | +22.93% | N/A |
| 2020 | +10.30% | N/A |
NOVZ vs BBLB Drawdown Comparison
The maximum drawdown for NOVZ was -16.62%, occurring on Oct 12, 2022. Recovery took 367 trading sessions.
The maximum drawdown for BBLB was -21.04%, occurring on Oct 19, 2023. Recovery took 350 trading sessions.
The current NOVZ drawdown is -1.96%. The current BBLB drawdown is -8.52%.
| Rank | NOVZ | BBLB |
|---|---|---|
| #1 | -16.62% Dec 29, 2021 - Jun 15, 2023 | -21.04% Apr 25, 2023 - Sep 16, 2024 |
| #2 | -14.63% Feb 19, 2025 - Jun 27, 2025 | -14.67% Sep 16, 2024 - May 21, 2025 |
| #3 | -8.30% Jul 31, 2023 - Dec 8, 2023 | -0.45% Apr 20, 2023 - Apr 24, 2023 |
| #4 | -7.19% Jul 16, 2024 - Sep 19, 2024 | N/A |
| #5 | -6.72% Jan 12, 2026 - Apr 15, 2026 | N/A |
| #6 | -4.53% Sep 3, 2021 - Oct 20, 2021 | N/A |
| #7 | -4.50% Mar 28, 2024 - May 15, 2024 | N/A |
| #8 | -3.90% Oct 29, 2025 - Dec 23, 2025 | N/A |
| #9 | -3.57% Feb 12, 2021 - Mar 11, 2021 | N/A |
| #10 | -3.50% Dec 6, 2024 - Jan 23, 2025 | N/A |
| #11 | -3.46% May 7, 2021 - Jun 11, 2021 | N/A |
| #12 | -3.35% Jun 2, 2026 - Jun 10, 2026 | N/A |
| #13 | -3.14% Nov 18, 2021 - Dec 23, 2021 | N/A |
| #14 | -2.89% Jan 21, 2021 - Feb 4, 2021 | N/A |
| #15 | -2.51% Jul 12, 2021 - Jul 23, 2021 | N/A |
Correlation
Correlation between NOVZ and BBLB is 0.05 which considered as a very weak or no correlation - the stocks move independently of each other.
0.05
-101
Dividend Comparison (2021 - 2026)
NOVZ vs BBLB dividend yield comparison.
| Year | NOVZ | BBLB |
|---|---|---|
| 2026 | 0.00% | 1.72% |
| 2025 | 3.58% | 5.03% |
| 2024 | 2.94% | 5.34% |
| 2023 | 2.27% | 2.82% |
| 2022 | 0.25% | 0.00% |
| 2021 | 0.52% | 0.00% |
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