Company: SVIX
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109885
Chunk: 45

Company: VS Trust
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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 (Unaudited) 
  
    -1x Short VIX Futures ETF 
    $764,601  
    $392,316 
  
    2x Long VIX Futures ETF 
     1,048,728  
     187,387 

    $1,813,329  
    $579,703 

F-30

NOTE 7 - FINANCIAL HIGHLIGHTS

Selected data is for a Share outstanding throughout
the three months ended September 30, 2025 (Unaudited) and September 30, 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 

    September 30, 2025 (Unaudited)  
    September 30, 2025 (Unaudited)  
    September 30, 2024 (Unaudited)  
    September 30, 2024 (Unaudited)(7) 
  
    Net Asset Value, Beginning of Period 
    $15.57  
    $22.31  
    $47.75  
    $55.23 
  
    Net investment income (loss)(1) 
     (0.03) 
     0.00(8)  
     0.06  
     (0.07)
  
    Net Realized and Unrealized Gain (Loss) on Investments and Futures Contracts (2) 
     5.85  
     (12.37) 
     (20.75) 
     (7.83)
  
    Net Increase (Decrease) in Net Asset Value Resulting from Operations 
     5.82  
     (12.37) 
     (20.69) 
     (7.90)
  
    Net Asset Value, End of Period 
    $21.39  
    $9.94  
    $27.06  
    $47.33 
  
    Market Value Per Share, at September 30, 2025 and September 30, 2024(3) 
    $21.38  
    $9.93