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Elevation Series Trust TrueShares Quarterly Bull Hedge ETFElevation Series Trust TrueShares Quarterly Bull Hedge ETFElevation Series Trust TrueShares Quarterly Bull Hedge ETF

Elevation Series Trust TrueShares Quarterly Bull Hedge ETF

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Key stats


Assets under management (AUM)
‪18.12 M‬ USD
Fund flows (1Y)
‪−20.94 M‬ USD
Dividend yield (indicated)
1.76%
Discount/Premium to NAV
0.09%
Shares outstanding
‪710.00 K‬
Expense ratio
0.79%

About Elevation Series Trust TrueShares Quarterly Bull Hedge ETF


Issuer
Truemark Group LLC
Brand
TrueShares
Inception date
Jun 28, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Truemark Investments LLC
Distributor
Paralel Distributors LLC
QBUL seeks to benefit from tail risk or declines in the US large-cap equity market. The actively managed fund aims for protection during high volatility environments while maintaining potential for income. The fund aims to select high-quality short-term debt securities with about three months to maturity. It then mitigates equity risk and have growth through the utilization of call options. At the start of each quarter, the fund purchases out-of-the money or at-the-money call options. The adviser evaluates the relative prices of options and selects those with the highest expected return based on market volatility. The adviser expects to capture 20- 40% of US large-cap equity market gains on a quarterly basis. The fund may employ more complex option strategies such as box spreads. Income and actual principal value protected are expected to be at least 98% on a quarter-to-quarter basis.

Broaden your horizons with more funds linked to QBUL via country, focus, and more.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Mutual fund
Bonds, Cash & Other100.00%
Government61.43%
Mutual fund34.41%
Cash3.15%
Rights & Warrants1.01%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QBUL trades at 25.50 USD today, its price has risen 0.04% in the past 24 hours. Track more dynamics on QBUL price chart.
QBUL net asset value is 25.51 today — it's risen 1.40% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QBUL assets under management is ‪18.12 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QBUL price has risen by 1.01% over the last month, and its yearly performance shows a 1.27% increase. See more dynamics on QBUL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.40% over the last month, showed a 3.16% increase in three-month performance and has increased by 3.18% in a year.
QBUL fund flows account for ‪−20.94 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QBUL invests in bonds. See more details in our Analysis section.
QBUL expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QBUL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QBUL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QBUL shows the buy signal. See more of QBUL technicals for a more comprehensive analysis.
Yes, QBUL pays dividends to its holders with the dividend yield of 1.76%.
QBUL trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QBUL shares are issued by Truemark Group LLC
QBUL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 28, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.