# DECZ (TrueShares Structured Outcome (December) ETF)

TrueShares · Buffer ETFs · data as of Oct 19, 2026

Since Dec 1, 2025, DECZ returned 17.3%, against 13.3% for SPX. It can fall 12.2% before its buffer.

## Key facts

- DECZ, can still gain from today’s fund price: uncapped, as of Oct 19, 2026.
- DECZ, fall before the buffer from today’s fund price: 12.2%, as of Oct 19, 2026.
- DECZ, protection left, index points: 10.0%, as of Oct 19, 2026.
- DECZ, days to reset: 42, as of Oct 19, 2026.
- DECZ, net assets: $37m (issuer page, as of Oct 19, 2026).
- DECZ, expense ratio: 0.79% (issuer data, Oct 19, 2026).

## DECZ over each window to Oct 20, 2026

| Window | Total return | SPX price return | Gap to SPX |
| --- | --- | --- | --- |
| 1 month | +0.6% | +1.0% | −0.4 pts |
| 3 months | +1.9% | +2.8% | −0.9 pts |
| 6 months | +6.9% | +9.2% | −2.3 pts |
| Year to date | +9.4% | +12.8% | −3.3 pts |
| 1 year | +10.9% | +14.6% | −3.7 pts |
| 3 years | +59.8% | +82.6% | −22.8 pts |
| 5 years | +62.8% | +69.5% | −6.7 pts |
| Since launch | +92.3% | +110.1% | −17.8 pts |
| Since launch, annualised | +11.7% | – | – |

## DECZ key stats

- 52-week high, daily closes to Oct 19, 2026: $44.64 on Oct 6, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 19, 2026: $38.05 on Mar 30, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 19, 2026, within that range: $43.99, 90% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPX | ETFIQ |
| SPX level the buffer and cap were set from | 6,849.09 | ETFIQ |
| Buffer | 10% | ETFIQ |
| Outcome period | Dec 1, 2025 to Nov 30, 2026 | ETFIQ |
| Starting cap | uncapped | ETFIQ |
| Estimated upside participation | 81.0% to 83.0% | ETFIQ |
| SPX return from the strike level | +13.3% | ETFIQ |
| Fund return since period start | +17.3% | ETFIQ |
| Net assets | $37m | issuer page, as of Oct 19, 2026 |
| Band state today | Uncapped | ETFIQ |
| Can still gain | uncapped | issuer, fund price |
| Fall before buffer | 12.2% | issuer, fund price |
| Fall to the buffer in index terms | 11.8% | ETFIQ |
| Protection left in index points | 10.0% of 10.0% | ETFIQ |
| Days left in period | 42 | ETFIQ |
| Expense ratio | 0.79% | issuer data, Oct 19, 2026 |

## Questions

### Does DECZ have a cap?

No. DECZ takes a share of any further rise in SPX, so there is no ceiling on the upside this period.

### How far can DECZ fall before the buffer helps?

12.2% in fund-price terms on Oct 19, 2026, by the issuer's figure. In index terms SPX can fall 11.8% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the DECZ buffer is left?

10.0% of the 10.0% buffer sat below the SPX level on Oct 19, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does DECZ reset?

The outcome period ends on Nov 30, 2026, 42 days from the data on Oct 19, 2026. New terms are set the next day and the buffer starts again.

### What does DECZ cost?

The prospectus expense ratio is 0.79% a year.


## Cite this page

ETFIQ, DECZ, buffer ETFs, data as of Oct 19, 2026. https://etfiq.com/funds/decz
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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