NOVZ vs WANT

Comparison between TrueShares Structured Outcome (November) ETF (NOVZ, ETF) and DIREXION DAILY CONSUMER DISCRETIONARY BULL 3X SHARES (WANT, ETF).

5-Year PerformanceNOVZ has outperformed WANT, delivering a return of +11.0% compared to -6.3%

NOVZ vs WANT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVZ(ETF)	WANT(ETF)
Net Assets	$21M	$21M
Expense Ratio	0.79%	N/A
Max Drawdown	16.96%	85.89%
Sharpe Ratio	1.46	0.25
5Y Beta	0.74	3.42
P/E Ratio	N/A	32.97
Forward P/E	N/A	26.74
PEG Ratio	N/A	1.30
5Y Dividends CAGR	N/A	63.72%
5Y EPS CAGR	N/A	22.94%
Debt to Equity	N/A	-186.88%
P/S Ratio	N/A	2.78
P/B Ratio	N/A	8.42

Net Assets

NOVZ

$21M

WANT

$21M

Expense Ratio

NOVZ

0.79%

WANT

N/A

Max Drawdown

Winner

NOVZ

16.96%

WANT

85.89%

Sharpe Ratio

Winner

NOVZ

1.46

WANT

0.25

5Y Beta

Winner

NOVZ

0.74

WANT

3.42

P/E Ratio

NOVZ

N/A

WANT

32.97

Forward P/E

NOVZ

N/A

WANT

26.74

PEG Ratio

NOVZ

N/A

WANT

1.30

5Y Dividends CAGR

NOVZ

N/A

WANT

63.72%

5Y EPS CAGR

NOVZ

N/A

WANT

22.94%

Debt to Equity

NOVZ

N/A

WANT

-186.88%

P/S Ratio

NOVZ

N/A

WANT

2.78

P/B Ratio

NOVZ

N/A

WANT

8.42

NOVZ vs WANT - Holdings Comparison

NOVZ and WANT have 0 common holdings. Overlap is 0.00%

NOVZ's top 25 holdings weight is 0.10%. WANT's top 25 holdings weight is 94.70%.

Rank	NOVZ	WANT
#1	STATE STREET INSTL US GOVT MMKT ADMIN (SALXX) - 0.10%	AMAZON.COM INC (AMZN) - 20.40%
#2	N/A	DREYFUS GOVT CASH MAN INS (n/a) - 18.06%
#3	N/A	TESLA INC (TSLA) - 14.36%
#4	N/A	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 6.53%
#5	N/A	GOLDMAN SACHS FIN GOV 465 INSTITUT (n/a) - 4.94%
#6	N/A	THE HOME DEPOT INC (HD) - 3.80%
#7	N/A	TJX COMPANIES INC (TJX) - 2.90%
#8	N/A	MCDONALD'S CORP (MCD) - 2.83%
#9	N/A	BOOKING HOLDINGS INC (BKNG) - 2.16%
#10	N/A	LOWE'S COMPANIES INC (LOW) - 2.12%
#11	N/A	STARBUCKS CORP (SBUX) - 2.10%
#12	N/A	MARRIOTT INTERNATIONAL INC CLASS A (MAR) - 1.37%
#13	N/A	O'REILLY AUTOMOTIVE INC (ORLY) - 1.34%
#14	N/A	HILTON WORLDWIDE HOLDINGS INC (HLT) - 1.25%
#15	N/A	ROSS STORES INC (ROST) - 1.19%
#16	N/A	GENERAL MOTORS CO (GM) - 1.14%
#17	N/A	ROYAL CARIBBEAN GROUP (RCL) - 1.08%
#18	N/A	DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 1.00%
#19	N/A	AUTOZONE INC (AZO) - 0.97%
#20	N/A	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 0.96%
#21	N/A	EBAY INC (EBAY) - 0.90%
#22	N/A	FORD MOTOR CO (F) - 0.89%
#23	N/A	NIKE INC CLASS B (NKE) - 0.88%
#24	N/A	CARVANA CO CLASS A (CVNA) - 0.78%
#25	N/A	CHIPOTLE MEXICAN GRILL INC (CMG) - 0.75%
Total Holdings	1	53

NOVZ vs WANT - Historical Returns

Returns include dividend reinvestment.

Period	NOVZ	WANT
1 month	+1.72%	-9.37%
3 months	+6.48%	-9.11%
6 months	+6.08%	-19.03%
1 year	+19.20%	+10.29%
5 years(CAGR)	+10.99%	-6.28%
Max(CAGR)	+13.69%	+7.34%

Winner

NOVZ

+1.72%

WANT

-9.37%

Winner

NOVZ

+6.48%

WANT

-9.11%

Winner

NOVZ

+6.08%

WANT

-19.03%

Winner

NOVZ

+19.20%

WANT

+10.29%

5Y(CAGR)

Winner

NOVZ

+10.99%

WANT

-6.28%

Max(CAGR)

Winner

NOVZ

+13.69%

WANT

+7.34%

NOVZ vs WANT - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	NOVZ	WANT
2026	+6.42%	-15.99%
2025	+13.16%	-2.82%
2024	+19.69%	+65.04%
2023	+18.35%	+118.47%
2022	-9.93%	-84.35%
2021	+22.93%	+90.56%
2020	+10.30%	+40.48%
2019	N/A	+83.57%
2018	N/A	-24.91%

NOVZ vs WANT Drawdown Comparison

The maximum drawdown for NOVZ was -16.62%, occurring on Oct 12, 2022. Recovery took 367 trading sessions.

The maximum drawdown for WANT was -85.89%, occurring on Dec 28, 2022. This drawdown has not yet recovered.

The current NOVZ drawdown is -2.20%. The current WANT drawdown is -60.56%.

Rank	NOVZ	WANT
#1	-16.62% Dec 29, 2021 - Jun 15, 2023	-85.89% Nov 5, 2021 - Dec 28, 2022
#2	-14.63% Feb 19, 2025 - Jun 27, 2025	-76.09% Feb 19, 2020 - Aug 24, 2020
#3	-8.30% Jul 31, 2023 - Dec 8, 2023	-40.85% Dec 3, 2018 - Feb 22, 2019
#4	-7.19% Jul 16, 2024 - Sep 19, 2024	-28.15% Feb 8, 2021 - Apr 9, 2021
#5	-6.72% Jan 12, 2026 - Apr 15, 2026	-25.29% Apr 26, 2019 - Jul 3, 2019
#6	-4.53% Sep 3, 2021 - Oct 20, 2021	-23.36% Oct 13, 2020 - Nov 24, 2020
#7	-4.50% Mar 28, 2024 - May 15, 2024	-23.09% Sep 2, 2020 - Oct 12, 2020
#8	-3.90% Oct 29, 2025 - Dec 23, 2025	-23.05% Jul 15, 2019 - Dec 26, 2019
#9	-3.57% Feb 12, 2021 - Mar 11, 2021	-21.22% Apr 16, 2021 - Jul 2, 2021
#10	-3.50% Dec 6, 2024 - Jan 23, 2025	-14.90% Jan 25, 2021 - Feb 5, 2021
#11	-3.46% May 7, 2021 - Jun 11, 2021	-13.86% Jul 26, 2021 - Sep 27, 2021
#12	-3.14% Nov 18, 2021 - Dec 23, 2021	-12.28% Jul 12, 2021 - Jul 26, 2021
#13	-2.89% Jan 21, 2021 - Feb 4, 2021	-9.96% Sep 27, 2021 - Oct 15, 2021
#14	-2.51% Jul 12, 2021 - Jul 23, 2021	-9.07% Jan 17, 2020 - Feb 4, 2020
#15	-2.47% Oct 14, 2024 - Nov 6, 2024	-7.68% Feb 22, 2019 - Mar 18, 2019