Company: SVIX
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004207
Chunk: 1616

Company: VS Trust
Filing Date: 2025-03-28
Form: 10-K
Item: Item 12
Chunk 1616
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33,299  
     3,834 
  
    Total Expenses 
     3,935,847  
     2,619,304  
     1,722,420  
     2,142,362 
  
    Net Investment income (loss) 
     937,219  
     (572,956) 
     (1,200,955) 
     (1,174,446)

    REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND FUTURES CONTRACTS 

    Net realized gain (loss) on: 

    Futures 
     24,472,687  
     (47,624,517) 
     99,437,238  
     (276,774,495)
  
    Options 
     (8,015,082) 
     -  
     (742,711) 
     - 
  
    Net change in unrealized appreciation (depreciation) of: 

    Futures 
     (11,995,820) 
     16,445,324  
     6,824,578  
     1,025,904 
  
    Options 
     943,956  
     -  
     (811,333) 
     - 
  
    Net realized and unrealized gain (loss) on investments and futures contracts 
     5,405,741  
     (31,179,193) 
     104,707,772  
     (275,748,591)

    NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS 
    $6,342,960  
    $(31,752,149) 
    $103,506,817  
    $(276,923,037)

See accompanying notes to financial statements.

F-4

VS Trust 

Statement of Changes in Net Assets 

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

    For the year ended  
    For the year ended  
    For the year ended  
    For the year ended 

    December 31, 
2024  
    December 31, 
2024  
    December 31, 
2023