QBER Elevation Series Trust - TrueShares Quarterly Bear Hedge ETF
Quote as of Oct 23, 2026 19:58 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 23.84 | Day Range | 23.80 – 23.89 |
| 52-Week Range | 19.75 – 24.88 | Volume | 12.77K |
| Avg Volume | 19.18K | AUM | $72.5M (Oct 24, 2026) |
| Expense Ratio | 0.79% | Yield (TTM) | 3.27% |
| NAV | 23.84 | Premium/Discount | +0.21% indicative |
| Inception | Jun 28, 2024 | Holdings | 21 |
| Issuer | TrueShares | Exchange | CBOE |
| Category | Active | Index Tracked | Not stated in source data |
| CUSIP | 210322509 | ISIN | US2103225098 |
| Structure | Inverse | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
The fund is an actively managed ETF that aims to provide substantial protection of principal and generation of interest income while maintaining the potential to create positive returns in the event of a decline in U.S. equity markets. It seeks to achieve these goals by combining: (1) an investment of substantially all its assets in a portfolio of short-term income-generating debt securities with (2) a modest investment in put options on securities or indexes that are representative of U.S. large capitalization companies.
Description from the fund data provider · profile as of Oct 24, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.21% | -0.08% | +0.29% | -0.42% | -3.16% | — | — | — | -1.90% |
| Total return | +0.21% | -0.08% | +0.29% | -0.42% | 0.00% | — | — | — | +0.05% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.79% | Annual cost of a $10,000 investment | $79.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 21 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | TREASURY BILL B 11/19/26 | — | 33.15% | 24.10M | $24.0M |
| 2 | TREASURY BILL B 12/17/26 | — | 33.05% | 24.10M | $24.0M |
| 3 | TREASURY BILL B 01/12/27 | — | 32.95% | 24.10M | $23.9M |
| 4 | STATE STREET INST U.S. GOVERNMENT MMKT ADMN… | — | 1.05% | 759.27K | $759.3K |
| 5 | SPY 01/15/27 P740.00 Euro Cash Flex | — | 0.15% | 76 | $107.8K |
| 6 | SPY 01/15/27 P725.00 Euro Cash Flex | — | 0.15% | 96 | $107.8K |
| 7 | SPY 12/18/26 P720.00 Euro Cash Flex | — | 0.13% | 125 | $97.5K |
| 8 | SPY 12/18/26 P740.00 Euro Cash Flex | — | 0.13% | 86 | $97.4K |
| 9 | SPY 11/20/26 P745.00 Euro Cash Flex | — | 0.08% | 75 | $57.5K |
| 10 | SPY 11/20/26 P730.00 Euro Cash Flex | — | 0.07% | 107 | $54.3K |
| 11 | SPY 01/15/27 P730.00 Euro Cash Flex | — | 0.01% | 8 | $9.7K |
| 12 | SPY 01/15/27 P750.00 Euro Cash Flex | — | 0.01% | 5 | $8.4K |
| 13 | SPY 11/20/26 P740.00 Euro Cash Flex | — | 0.01% | 6 | $4.0K |
| 14 | SPY 12/18/26 P730.00 Euro Cash Flex | — | 0.00% | 3 | $2.8K |
| 15 | SPY 11/20/26 P725.00 Euro Cash Flex | — | 0.00% | 6 | $2.7K |
| 16 | SPY 01/15/27 P735.00 Euro Cash Flex | — | 0.00% | 1 | $1.3K |
| 17 | SPY 12/18/26 P735.00 Euro Cash Flex | — | 0.00% | 1 | $1.0K |
| 18 | SPY 12/18/26 P725.00 Euro Cash Flex | — | 0.00% | 1 | $853.32 |
| 19 | SPY 11/20/26 P735.00 Euro Cash Flex | — | 0.00% | 1 | $580.12 |
| 20 | SPY 11/20/26 P720.00 Euro Cash Flex | — | 0.00% | 1 | $394.55 |
| 21 | US DOLLARS | — | -0.96% | -694.81K | -$694.8K |
Click a ticker to see every ETF that owns it.
Distributions
| Yield (TTM) | 3.27% | Paid (last 12 months) | $0.7820 |
| Frequency | Annual | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 24, 2025 | Last payment | $0.7820 |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 24, 2025 | — | — | $0.7820 |
| Dec 27, 2024 | — | — | $0.3340 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 3.90% / — | Sharpe 1Y / 3Y | -1.02 / — |
| Max drawdown 1Y / 3Y | -2.35% / — | Sortino 1Y | -1.48 |
| Beta vs S&P 500 (3Y) | -0.215 | Correlation vs S&P 500 (1Y) | -0.507 |
| Downside deviation 1Y | 2.71% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 25, 2026. Formulas →
Liquidity
| Volume today | 12.77K | Average volume | 19.18K |
| AUM | $72.5M | Premium/Discount | +0.21% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | $1.2M | +1.66% | $71.2M → $72.5M |
| 1 Month | -$2.8M | -3.77% | $75.2M → $72.5M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for QBER
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.