Company: SVIX
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109885
Chunk: 324

Company: VS Trust
Filing Date: 2025-11-13
Form: 10-Q
Item: Part II, Item 8
Chunk 324
---
    $25.39  
    $33.93  
    $37.78  
    $137.27 
  
    Net investment income (loss) (1) 
     0.04  
     0.01  
     0.08  
     (0.39)
  
    Net Realized and Unrealized Gain (Loss) on Investments and Futures Contracts (2) 
     (4.04) 
     (24.00) 
     (10.80) 
     (89.55)
  
    Net Increase (Decrease) in Net Asset Value Resulting from Operations 
     (4.00) 
     (23.99) 
     (10.72) 
     (89.94)
  
    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  
    $27.07  
    $47.20 
  
    Total Return at Net Asset Value (4) 
     -15.75% 
     -70.70% 
     -28.37% 
     -65.55%
  
    Total Return at Market Value (4) 
     -15.73% 
     -70.79% 
     -28.25% 
     -65.62%

    Ratios to Average Net Assets: (5) 

    Expense ratio (6) 
     1.74% 
     1.95% 
     1.61% 
     2.29%
  
    Net Investment income (loss) 
     0.33% 
     0.04% 
     0.31% 
     -0.78%

(1)Net investment income (loss) per share represents net investment
income (loss) divided by the daily average shares of beneficial interest outstanding during the period.

(2)Due to timing of capital share transactions, per share amounts
may not compare with amounts appearing elsewhere within these Financial Statements.

(3)Market values are determined at the close of the applicable primary
listing exchange, which may be later than when the