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 08/03/2020 $2.41m
NAV $32.10
Shares Outstanding 75,000
Premium/Discount Percentage 0.21%
Closing Price $32.16
Median 30 Day Spread 1.19%

Data as of 08/03/2020

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 06/30/2020
  AVG. ANNUALIZED
  3 Months 6 Months YTD 1 Year Since Inception
Volshares Large Cap - Market Price 32.12 -0.25 -0.25 10.69 12.13
Volshares Large Cap - NAV 30.65 -1.66 -1.66 9.52 11.59
Volshares Large Cap Index (VOLL) 31.25 -0.66 -0.66 11.55 12.47
S&P 500 (TR)* 20.54 -3.08 -3.08 7.51 8.12

*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
4.64% APACHE CORP APA 7,134 113,287.92
4.34% WILLIAMS COS INC WMB 4,971 106,081.14
4.13% NEWS CORP NEW NWSA 7,535 100,893.65
4.12% COSTCO WHSL CORP NEW COST 296 100,577.84
4.11% DEVON ENERGY CORP NEW DVN 9,051 100,375.59
4.10% COOPER COS INC COO 337 100,058.67
4.06% LIVE NATION ENTERTAINMENT INC COM LYV 2,075 99,102.00
4.05% F5 NETWORKS INC FFIV 703 98,898.04
4.05% HUNT J B TRANS SVCS INC JBHT 748 98,863.16
4.04% MARATHON OIL CORP MRO 17,075 98,693.50
Data as of 08/05/2020. Fund holdings are subject to change at anytime and should not be considered recommendations to buy or sell any security.