TrueShares ConVex Protect ETF (PVEX)

The TrueShares ConVex Protect ETF is an options-based exchange-traded fund from TrueShares, the ETF brand of TrueMark Investments, listed on Cboe BZX under the ticker PVEX.

As its name indicates, the fund is built around downside protection. It combines equity market exposure with option positions intended to provide a convex payoff, meaning the hedges are designed to gain value more quickly as markets fall sharply, helping to cushion large declines while still participating in rising markets.

The specific reference index, option structure and rebalancing schedule are described in the fund's prospectus.