v3.26.1
Note 7 - Financial Highlights
 9 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Financial Highlights

7.

Financial Highlights

 

The Trust is presenting the following financial highlights related to investment performance of a Share outstanding for the three and nine months ended June 30, 2026 and 2025, respectively. The total return at net asset value is based on the change in net asset value of a Share during the period and the total return at market value is based on the change in market value of a Share on the NYSE Arca during the period. An individual investor’s return and ratios may vary based on the timing of capital transactions.

 

Financial Highlights (Unaudited)

 

For the three and nine months ended June 30, 2026 and 2025

 

  

Three Months

  

Three Months

  

Nine Months

  

Nine Months

 
  

Ended

  

Ended

  

Ended

  

Ended

 
  

Jun-30, 2026

  

Jun-30, 2025

  

Jun-30, 2026

  

Jun-30, 2025

 
  

(unaudited)

  

(unaudited)

  

(unaudited)

  

(unaudited)

 

Net Asset Value

                

Net Asset Value per Share, beginning of period

 $423.34  $287.28  $352.09  $243.01 

Net investment income/(loss) (1)

  (0.41)  (0.30)  (1.24)  (0.81)

Net Realized and Change in Unrealized Gain/(Loss) (2)

  (53.46)  15.89   18.62   60.67 

Net increase/(decrease) in net assets resulting from operations

  (53.87)  15.59   17.38   59.86 

Net Asset Value per Share, end of period

 $369.47  $302.87  $369.47  $302.87 

Market Value per Share, beginning of period

 $430.29  $288.14  $355.47  $243.06 

Market Value per Share, end of period

 $368.38  $304.83  $368.38  $304.83 

Ratio to average net assets

                

Net investment loss(3)

  (0.40)%  (0.40)%  (0.40)%  (0.40)%

Gross expenses(3)

  0.40%  0.40%  0.40%  0.40%

Net expenses(3)

  0.40%  0.40%  0.40%  0.40%

Total Return, at Net Asset Value(4)

  (12.72)%  5.43%  4.94%  24.63%

Total Return, at Market Value(4)

  (14.39)%  5.79%  3.63%  25.41%

 

(1)         Based on the average number of Shares outstanding during the period.

(2)         The amounts reported for a Share outstanding may not accord with the change in aggregate gains and losses on investment for the period due to the timing of Share transactions in relation to the fluctuating fair values of the Trust's underlying investment.

(3)         Percentages are annualized.

(4)         Percentages are not annualized.