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Statements of Operations (Unaudited)
9 Months Ended
Sep. 30, 2022
USD ($)
1x Short VIX Futures ETF  
Income:  
Interest income $ 43,411
Other income
Total Income 43,411
Expenses:  
Management fees 146,457
Administrative, accounting and custodian fees 15,331
Professional fees 80,462
Licensing and registration fees 27,963
Broker interest expense 4,038
Total Expenses 274,252
Net Investment Loss (230,841)
Net realized gain (loss) on:  
Short Term Investments
Futures 8,077,788
Net change in unrealized appreciation (depreciation) of:  
Short Term Investments
Futures (6,278,300)
Net realized and unrealized gain (loss) on investments and futures contracts 1,799,488
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS 1,568,647
2x Long VIX Futures ETF  
Income:  
Interest income 126,917
Other income 7
Total Income 126,924
Expenses:  
Management fees 464,768
Administrative, accounting and custodian fees 25,723
Professional fees 81,792
Licensing and registration fees 34,070
Broker interest expense 16,295
Total Expenses 622,647
Net Investment Loss (495,724)
Net realized gain (loss) on:  
Short Term Investments
Futures (22,686,414)
Net change in unrealized appreciation (depreciation) of:  
Short Term Investments
Futures 20,574,735
Net realized and unrealized gain (loss) on investments and futures contracts (2,111,678)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ (2,607,402)