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Performance as of Sept. 30, 2026

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PeriodPrice returnTotal return
1M▲ +0.77%·
3M▼ -35.41%·
6M▼ -35.41%·
YTD▼ -51.19%·
1Y▼ -54.03%·
3Y··
5Y··
Maxsince Feb. 27, 2024▼ -4.29%·
Volatility 1Y106.78%
Volatility 3Y·
Max drawdown 3Y ·
Beta 3Y·
Sharpe 1Y*-0.84

Total return is shown once dividend history for this fund has been collected — price return alone would duplicate it misleadingly. Returns are not benchmarked against an index. * Sharpe ratio is computed with a 0% risk-free rate.

Fund flows (SEC-reported)

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Last month (Jun 2026) -$41.3M
Quarter ending Jun 2026 -$57.0M
Trailing 12 months -$258.9M Jul 2025 – Jun 2026

Based on the fund's own SEC Form N-PORT monthly flow disclosures (Item C.9 "Flow Information") — sales minus redemptions, reinvested distributions excluded. This is a different, independent metric from the "Net flows" estimate above (which is derived from daily shares-outstanding changes). SEC N-PORT filing lag is up to ~60 days; the most recent month/quarter may not yet be fully reflected.

Full composition 6 holdings

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NameCUSIPValue%Balance Category Country
Treasury Bill 912797TP2 $99.5M 92.75 99,700,000 DBT US
TD Cowen · $84.7M 78.98 1 DE US
Wells Fargo Securities, LLC · $83.0M 77.37 1 DE US
J.P. Morgan Chase & Co. · $33.6M 31.33 1 DE US
BofA Securities, Inc · $13.3M 12.39 1 DE US
Clear Street · $168K 0.16 1 DE US

Institutional owners (13F) 21 filers

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Institutions that report holding this ETF in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institution Value % of tracked 13F Shares Type As of
JANE STREET GROUP, LLC $51,666,518 78.29% 2,122,700 Put option June 30, 2026
ROYAL BANK OF CANADA $3,680,000 5.58% 151,201 Shares June 30, 2026
Optiver Holding B.V. $2,198,145 3.33% 90,310 Shares June 30, 2026
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,670,576 2.53% 68,635 Shares June 30, 2026
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,453,098 2.20% 59,700 Call option June 30, 2026
UBS Group AG $973,600 1.48% 40,000 Shares June 30, 2026
GOLDMAN SACHS GROUP INC $689,698 1.05% 28,336 Shares June 30, 2026
CITADEL ADVISORS LLC $603,632 0.91% 24,800 Call option June 30, 2026
Secure Asset Management, LLC $421,179 0.64% 17,304 Shares June 30, 2026
WOLVERINE TRADING, LLC $408,053 0.62% 12,069 Shares Sept. 30, 2025
Jump Financial, LLC $382,114 0.58% 15,699 Shares June 30, 2026
SUSQUEHANNA INTERNATIONAL GROUP, LLP $372,402 0.56% 15,300 Put option June 30, 2026
JANE STREET GROUP, LLC $296,948 0.45% 12,200 Call option June 30, 2026
CITADEL ADVISORS LLC $284,778 0.43% 11,700 Put option June 30, 2026
CITADEL ADVISORS LLC $267,959 0.41% 11,009 Shares June 30, 2026
StoneX Group Inc. $253,295 0.38% 10,250 Shares June 30, 2026
TRUE Private Wealth Advisors $229,470 0.35% 9,428 Shares June 30, 2026
SBI Securities Co., Ltd. $80,298 0.12% 3,299 Shares June 30, 2026
HOLLENCREST CAPITAL MANAGEMENT $48,680 0.07% 2,000 Shares June 30, 2026
Tower Research Capital LLC (TRC) $8,154 0.01% 335 Shares June 30, 2026
OSAIC HOLDINGS, INC. $1,460 0.00% 60 Shares June 30, 2026

Peer funds

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