TrueShares S&P Autocallable Defensive Income ETF

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About PAYM

PAYM is an actively managed ETF that systematically seeks income and some US equity downside protection by synthetically investing in a portfolio of autocallable notes referencing a volatility-managed S&P 500 futures index, using swaps. 

Category
Derivative Income
CategoryDerivative Income
Number of holdings
21
Number of holdings21
Inception Date
Dec 29, 2025
Inception DateDec 29, 2025

What's in this fund

Top Holdings (500.96% of total assets)

As of October 23, 2026
NameSymbol% Assets
Payb Tactical Put Participation Mod Index 10bps—103.89%
Recv Tactical Put Participation Moderate Index—103.83%
Recv Us Large Cap Moderate Income Autocallable—102.03%
Payb Us Large Cap Mod Inc Ac Sofr+10bps—95.87%
United States Treasury Bills—53.63%
United States Treasury Bills—41.12%
State Street Instl US Govt MMkt AdminSALXX0.59%

PAYM Key Statistics

AUM
164.13M
AUM164.13M
Price-Earnings ratio
—
Price-Earnings ratio—
30-Day yield
3.00
30-Day yield3.00
Average volume
46.52K
Average volume46.52K
High today
$25.54
High today$25.54
Low today
$25.04
Low today$25.04
Open price
$25.39
Open price$25.39
Volume
35.98K
Volume35.98K
52 Week high
$26.24
52 Week high$26.24
52 Week low
$21.80
52 Week low$21.80
Expense ratio
0.74
Expense ratio0.74

Stock Snapshot

The current TrueShares S&P Autocallable Defensive Income ETF(PAYM) stock price is $25.05, with a market capitalization of 165.98M.

On 2026-10-25, TrueShares S&P Autocallable Defensive Income ETF(PAYM) stock traded between a low of $25.04 and a high of $25.54. Shares are currently priced at $25.05, which is +0.0% above the low and -1.9% below the high.

TrueShares S&P Autocallable Defensive Income ETF(PAYM) shares are trading with a volume of 35.98K, against a daily average of 46.52K.

During the past year, TrueShares S&P Autocallable Defensive Income ETF(PAYM) stock moved between $21.80 at its lowest and $26.24 at its peak.

During the past year, TrueShares S&P Autocallable Defensive Income ETF(PAYM) stock moved between $21.80 at its lowest and $26.24 at its peak.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.