VS Trust Reports Financial Results for Quarter Ending June 30, 2026

VS Trust reported its financial results for the quarter ending June 30, 2026, revealing a significant increase in net assets and a notable recovery in investment performance compared to the previous fiscal period. The total net assets for the -1x Short VIX Futures ETF stood at $200.3 million, down from $212.0 million at the end of 2025, while the 2x Long VIX Futures ETF reported net assets of $295.1 million, a decrease from $331.3 million. The Trust's total income for the quarter was $2.7 million, a decline from $3.6 million in the same period last year, primarily due to reduced interest income from the -1x Short VIX Futures ETF.

The Trust's operational performance showed a stark contrast in investment income, with the -1x Short VIX Futures ETF generating $994,590 in total income, a decrease from $2.4 million year-over-year. Conversely, the 2x Long VIX Futures ETF saw an increase in income to $1.7 million from $1.2 million. The overall expenses for the Trust increased to $3.0 million from $2.2 million in the prior year, driven by higher management fees and administrative costs. The net investment income for the -1x Short VIX Futures ETF was $112,832, while the 2x Long VIX Futures ETF reported a net loss of $348,841.

In terms of strategic developments, VS Trust has continued to focus on its core investment strategies involving VIX futures contracts. The Trust has not reported any significant acquisitions or organizational changes during this period. However, it has seen a notable increase in trading activity, with shares sold for the three months ending June 30, 2026, totaling approximately $607.9 million across both funds, compared to $928.1 million in the same period last year. This reflects a shift in investor sentiment and increased engagement with the Trust's offerings.

The Trust's operational metrics indicate a decrease in shares outstanding for both funds, with the -1x Short VIX Futures ETF having 8.39 million shares and the 2x Long VIX Futures ETF with 4.78 million shares as of June 30, 2026. The Trust's management has indicated that it remains focused on maintaining liquidity and managing risks associated with its investment strategies, particularly in light of the volatility in the VIX futures market. The outlook for the remainder of the fiscal year remains cautious, with management emphasizing the importance of monitoring market conditions and adjusting strategies accordingly.

Looking ahead, VS Trust anticipates continued volatility in the markets, which may impact the performance of its funds. The management team has expressed confidence in the Trust's ability to navigate these challenges, leveraging its expertise in VIX futures trading. The Trust will continue to evaluate its investment strategies and operational efficiencies to enhance shareholder value while adhering to regulatory requirements and maintaining compliance as an emerging growth company.