Company: SVIX
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044385
Chunk: 295

Company: VS Trust
Filing Date: 2025-05-15
Form: 10-Q
Item: Part II, Item 8
Chunk 295
---
IX Futures ETF 
    $228,086  
    $43,110 
  
    2x Long VIX Futures ETF 
     339,793  
     23,886 

    $567,880  
    $66,996 

F-23

NOTE 7 – FINANCIAL HIGHLIGHTS

Selected data is for a Share outstanding throughout
the three months ended March 31, 2025 (Unaudited) and March 31, 2024 (Unaudited):

VS Trust

Financial Highlights

    -1x Short VIX 
Futures ETF  
    2x Long VIX
 Futures ETF  
    -1x Short VIX 
Futures ETF  
    2x Long VIX
 Futures ETF 

    Quarter
 Ended  
    Quarter
 Ended  
    Quarter
 Ended  
    Quarter
 Ended 

    March 31,
 2025  
    March 31,
    2025(7)  
    March 31,
 2024  
    March 31,
    2024(7) 

    (Unaudited)  
    (Unaudited)  
    (Unaudited)  
    (Unaudited) 
  
    Net Asset Value, Beginning of Period 
    $25.39  
    $33.93  
    $37.78  
    $137.27 
  
    Net investment income (loss) (1) 
     0.03  
     0.04  
     (0.05) 
     (0.32)
  
    Net Realized and Unrealized Gain (Loss) on Investments and Futures Contracts (2) 
     (5.10) 
     3.10  
     4.78  
     (50.17)
  
    Net Increase (Decrease) in Net Asset Value Resulting from Operations 
     (5.07) 
     3.14  
     4.73  
     (50.49)
  
    Net Asset Value, End of Period 
    $20.32  
    $37.07  
    $42.51  
    $86.78 
  
    Market Value Per Share, at March 31, 2025 and March 31, 2024 
    $20.34  
    $