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Financial Highlights
3 Months Ended
Mar. 31, 2026
Financial Highlights [Abstract]  
FINANCIAL HIGHLIGHTS

NOTE 7 - FINANCIAL HIGHLIGHTS

 

Selected data is for a Share outstanding throughout the three months ended March 31, 2026 (Unaudited) and March 31, 2025 (Unaudited):

 

   -1x Short VIX Futures ETF   2x Long VIX Futures ETF   -1x Short VIX Futures ETF   2x Long VIX Futures ETF 
  

Quarter Ended

March 31, 2026

(Unaudited)

  

Quarter Ended

March 31, 2026

(Unaudited)

  

Quarter Ended

March 31, 2025

(Unaudited)

  

Quarter Ended

March 31, 2025

(Unaudited)

 
Net Asset Value, Beginning of Period  $24.26   $5.70   $25.39   $33.93 
Net investment income (loss) (1)   0.00(6)    (0.01)   0.03    0.04 
Net Realized and Unrealized Gain (Loss) on Investments and Futures
Contracts (2)
   (8.53)   2.98    (5.10)   3.10 
Net Increase (Decrease) in Net Asset Value Resulting from Operations   (8.53)   2.97    (5.07)   3.14 
Net Asset Value, End of Period  $15.73   $8.67   $20.32   $37.07 
Market Value Per Share, at March 31, 2026 and March 31, 2025  $15.71   $8.66   $20.34   $37.24 
Total Return at Net Asset Value (4)   -35.15%   52.15%   -19.97%   9.25%
Total Return at Market Value (4)   -35.16%   51.66%   -19.83%   9.51%
                     
Ratios to Average Net Assets: (5)                    
Expense ratio   1.82%   2.01%   1.66%   2.04%
Net Investment Income (Loss)   0.09%   -0.41%   0.55%   0.55%

 

(1)Net investment income (loss) per share represents net investment income (loss) divided by the daily average shares of beneficial interest outstanding during the period.
(2)Due to timing of capital share transactions, per share amounts may not compare with amounts appearing elsewhere within these Financial Statements.
(3)Market values are determined at the close of the applicable primary listing exchange, which may be later than when the Funds’ net asset value is calculated.
(4)Percentages are not annualized for the period ended March 31, 2026 and March 31, 2025.
(5)Percentages are annualized.
(6)Amount represents less than $0.005 per share.