Key stats
About Volatility Premium Plus ETF
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Inception date
Apr 19, 2023
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Volatility Shares LLC
Distributor
Foreside Fund Services LLC
ZVOL aims to provide a monthly income stream and daily inverse exposure to mid-term VIX futures with an average term-to-maturity of five months. The VIX is a non-investable index that captures the implied volatility of the S&P 500. The fund rolls its short positions and rebalances its portfolio daily, whereby the time and manner of rebalancing are at the discretion of the fund adviser. As a daily inverse product, ZVOL is designed as a short-term trading tool and not a long-term investment vehicle. Returns over holding periods greater than one day can be significantly different from -1x of the index. ZVOL does not deliver inverse returns on the VIX itself. The fund provides the inverse returns of the fourth, fifth, sixth, and seventh-month futures, rolled daily. ZVOL indirectly obtains exposure by utilizing a Cayman Island Subsidiary, thus, avoiding issuing a K-1 form to investors. The fund is structured as a commodity pool, which means investors can avoid the counterparty risk of an exchange-traded note. Prior to Nov. 22, 2024 the fund traded on the ticker ZIVB with the name Volatility Shares -1x Short VIX Mid-Term Futures Strategy ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund99.92%
Cash0.08%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZVOL last dividends amounted to 0.49 USD. The month before, the issuer paid 0.49 USD in dividends,
ZVOL assets under management is 16.37 M USD. It's fallen 4.81% over the last month.
ZVOL fund flows account for 18.49 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ZVOL pays dividends to its holders with the dividend yield of 45.33%. The last dividend (May 29, 2025) amounted to 0.49 USD. The dividends are paid monthly.
ZVOL shares are issued by Corpus Partners LLC under the brand Volatility Shares. The ETF was launched on Apr 19, 2023, and its management style is Active.
ZVOL expense ratio is 1.42% meaning you'd have to pay 1.42% of your investment to help manage the fund.
ZVOL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZVOL invests in funds.
ZVOL price has fallen by −8.81% over the last month, and its yearly performance shows a −46.63% decrease. See more dynamics on ZVOL price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −5.80% over the last month, showed a −16.51% decrease in three-month performance and has decreased by −33.53% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −5.80% over the last month, showed a −16.51% decrease in three-month performance and has decreased by −33.53% in a year.
ZVOL trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.