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Statement of Changes in Net Assets - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
-1x Short VIX Futures ETF        
OPERATIONS        
Net investment loss $ (292,751) $ (242,779) $ (538,029) $ (244,572)
Net realized gain (loss) on investments and futures contracts 37,164,451 (4,573,051) 42,451,505 (4,577,129)
Net change in unrealized appreciation (depreciation) of investments and futures contracts (811,301) 835,808 5,362,473 700,531
Net increase (decrease) in net assets resulting from operations 36,060,399 (3,980,023) 47,275,949 (4,121,170)
CAPITAL SHARE TRANSACTIONS        
Shares sold 33,849,864 126,466,848 118,500,459 131,987,205
Shares redeemed (72,249,312) (80,976,664) (139,852,598) (80,976,664)
Net increase (decrease) in net assets from capital share transactions (38,399,448) 45,490,184 (21,352,139) 51,010,541
Total increase (decrease) in net assets (2,339,049) 41,510,161 25,923,810 46,889,371
NET ASSETS        
Beginning of Period 74,641,462 5,379,210 46,378,603  
End of Period 72,302,413 46,889,371 72,302,413 46,889,371
2x Long VIX Futures ETF        
OPERATIONS        
Net investment loss (359,369) (180,611) (754,176) (182,387)
Net realized gain (loss) on investments and futures contracts (142,872,642) 7,528,449 (186,102,397) 7,527,995
Net change in unrealized appreciation (depreciation) of investments and futures contracts (4,374,661) (256,944) (10,587,514) 19,258
Net increase (decrease) in net assets resulting from operations (147,606,672) 7,090,894 (197,444,087) 7,364,866
CAPITAL SHARE TRANSACTIONS        
Shares sold 174,563,374 101,014,240 278,060,557 104,734,579
Shares redeemed (48,655,759) (51,662,990) (120,766,434) (51,662,990)
Net increase (decrease) in net assets from capital share transactions 125,907,615 49,351,250 157,294,123 53,071,589
Total increase (decrease) in net assets (21,699,057) 56,442,145 (40,149,964) 60,436,456
NET ASSETS        
Beginning of Period 107,037,859 3,994,311 125,488,766  
End of Period $ 85,338,802 $ 60,436,456 $ 85,338,802 $ 60,436,456