Company: SVIX
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109885
Chunk: 47

Company: VS Trust
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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IX Futures ETF  
    2x Long VIX Futures ETF 

    Nine Months Ended  
    Nine Months Ended  
    Nine Months Ended  
    Nine Months Ended 

    September 30, 2025 (Unaudited)  
    September 30, 2025 (Unaudited)(7)  
    September 30, 2024 (Unaudited)  
    September 30, 2024 (Unaudited)(7) 
  
    Net Asset Value, Beginning of Period 
    $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)