VOLSHARES Large Cap ETF

Redefining volatility through an index-based, volatility-driven approach.

The VOLSHARES Large Cap ETF (VSL)

With an emphasis on realized volatility and market sentiment, VSL seeks to
produce alpha returns from beta exposure based on the S&P 500.

  • Index-based, volatility-driven. VSL seeks to outperform the S&P 500 by utilizing a sophisticated quantitative trading algorithm which takes market sentiment and short-term price movements into account.
  • Tax managed. Advanced trading methods aim to minimize short-term capital gains.
  • Quantitatively-Managed. Provides investors with the opportunity to achieve alpha, that is, the potential to outperform the S&P 500.
FUND DATA & PRICING
Net Assets as of 05/11/2021 $9.62m
NAV $42.76
Shares Outstanding 225,000
Premium/Discount Percentage -0.02%
Closing Price $42.75
Median 30 Day Spread 0.21%

Data as of 05/11/2021

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

30 Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
 

PERFORMANCE Quarter end returns as of 03/31/2021
  AVG. ANNUALIZED
  3 Months 6 Months YTD 1 Year Since Inception
Volshares Large Cap - Market Price 9.10 23.83 9.10 76.69 19.79
Volshares Large Cap - NAV 8.62 23.44 8.62 75.91 19.60
Volshares Large Cap Index (VOLL) 9.15 24.34 9.15 79.04 20.77
S&P 500 (TR)* 6.17 19.07 6.17 56.35 15.38

*S&P 500 Index (TR) "Total Return”,  the index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

*Since inception date is as of 02/22/2018.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares,  then sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (484-328-3067).

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

DISTRIBUTION DETAIL
EX- Date Record Date Payable Date Amount
12/27/2018 12/31/2018 01/02/2019 .12548
3/12/2019 3/13/2019 03/14/2019 .057
6/11/2019 6/12/2019 6/13/2019 .066
9/17/2019 9/18/2019 9/19/2019 .094
12/30/2019 12/31/2019 01/02/2020 .544
TOP 10 HOLDINGS Download Full Holdings
Percentage of Net Assets Name Ticker Shares Held Market Value
4.23% MOTOROLA SOLUTIONS INC MSI 3,584 722,928.64
4.11% WATERS CORP WAT 2,228 703,802.92
4.10% KANSAS CITY SOUTHERN KSU 2,273 700,470.41
4.07% CISCO SYS INC CSCO 13,186 696,616.38
4.04% EXPEDITORS INTL WASH INC EXPD 5,874 691,193.58
4.04% SMUCKER J M CO SJM 5,045 690,256.90
4.00% GARMIN LTD GRMN 4,869 684,532.71
3.97% CONSOLIDATED EDISON INC ED 8,561 679,229.74
3.97% CINCINNATI FINL CORP CINF 5,748 679,126.20
3.95% BLACKROCK INC BLK 800 675,280.00
Data as of 05/12/2021. Fund holdings are subject to change at anytime and should not be considered recommendations to buy or sell any security.