Dividend-adjusted total return · Dec 31, 2025 – Nov 4, 2026QBER
Elevation Series Trust - TrueShares Quarterly Bear Hedge ETFQBER
$23.85
−0.1% last session
−0.5% YTD
Data as of 11/4/20264:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | −0.1% | +0.3% | +0.2% | −0.5% | +0.4% | — | — | 0.0% |
| Peer average | −1.7% | +9.8% | −2.4% | −19.0% | −22.1% | −56.6% | −39.0% | — |
| S&P 500 · VOO | +1.6% | −1.6% | 0.0% | +13.4% | +13.5% | +91.7% | +81.2% | — |
Key Statistics
Open all fund facts →- AUM
- $86M
- Expense ratio
- 0.79%
- Distribution yield
- 3.3%
- NAV
- $23.90
- Volume
- 126K
- Avg. volume 30D
- 39K
- High today
- $23.85
- Low today
- $23.76
- Previous close
- $23.88
- 52-week high
- $24.88
- 52-week low
- $19.75
- Our risk indicator
- 5/5
QBER in One Breath
QBER Among An Index ETFs
YTDEnd-of-day Nov 5, 2026 · 106 An index ETFs by YTD
$10,000 in QBER
5Y$10,000 in QBER became
$10,004
In the S&P 500 (VOO)
$14,354
Total return, dividends in · Jul 2, 2024 – Nov 4, 2026 · S&P 500 uses VOO
QBER’s Top Holdings
TodayTREASURY BILL Treasury Bill B 11/19/2633.1%TREASURY BIL33.0%TREASURY BIL32.9%
TREASURY BILL Treasury Bill B 11/19/2633.1%TREASURY BIL33.0%TREASURY BIL32.9%11 more
Other
TrueShares QBER · 23 holdings · top 22 shown · tile size = share of the fund · as of Nov 4, 2026
What QBER Holds
TodayTechnology37.9%
[…]
Financial Services11.7%
[…]
Communication Services10.0%
[…]
Consumer Cyclical9.6%
[…]
Healthcare9.1%
[…]
Industrials8.4%
[…]
Consumer Defensive4.6%
[…]
TrueShares QBER · share of the fund by sector · as of Nov 4, 2026
Treasury’s Share of QBER
Today33.1%
$331 of every $1,000 in QBER is Treasury
Treasury held by QBER
$28.4M
TrueShares QBER · each square = $10 of $1,000 · as of Nov 4, 2026
QBER’s Share of An Index ETFs
Today0.1%
of the $136B in 404 An index ETFs
$85.8M0.1%
$32.5B23.9%
$18.0B13.3%
$85.1B62.7%
An index ETF AUM · Nov 5, 2026
QBER Fee per $100 vs Peers
TodayExpense ratio · An index peers · Nov 5, 2026
Inside QBER
23 holdings · as of Nov 4, 2026QBER
Elevation Series Trust - TrueShares Quarterly Bear Hedge ETF
TodayTechnology37.9%Financial Services11.7%Communication Services10.0%Consumer Cyclical9.6%Healthcare9.1%Industrials8.4%Consumer Defensive4.6%Other100.0%Treasury BilTreasury Bill B 11/19/2633.1%Treasury B33.0%Treasury B32.9%
Technology37.9%Financial Services11.7%Communication Services10.0%Consumer Cyclical9.6%Healthcare9.1%Industrials8.4%Other100.0%Treasury B33.1%Treasury B33.0%Treasury B32.9%
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | — | Treasury Bill B 11/19/26 | 33.09% |
| 2 | — | Treasury Bill B 12/17/26 | 32.99% |
| 3 | — | Treasury Bill B 01/12/27 | 32.89% |
| 4 | — | State Street Inst U.s. Government Mmkt Admn Class | 0.22% |
| 5 | — | SPY 01/15/27 P740.00 Euro Cash Flex | 0.13% |
| 6 | — | SPY 01/15/27 P725.00 Euro Cash Flex | 0.13% |
| 7 | — | SPY 12/18/26 P740.00 Euro Cash Flex | 0.11% |
| 8 | — | SPY 12/18/26 P720.00 Euro Cash Flex | 0.11% |
| 9 | — | SPY 11/20/26 P745.00 Euro Cash Flex | 0.07% |
| 10 | — | SPY 11/20/26 P730.00 Euro Cash Flex | 0.06% |
TechnologyFinancial ServicesCommunication ServicesConsumer CyclicalHealthcareIndustrialsConsumer DefensiveEnergyUtilitiesReal EstateBasic MaterialsOther
TrueShares QBER · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 100.0%
How It Compares
QBER
Elevation Series Trust - TrueShares Quarterly Bear Hedge ETF’s Peers
YTDAn index peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM
Head to Head
Put QBER head to head with SOXS →SOXS vs QBER
YTDYear to date
QBER wins+89.9 pts
Past year
QBER wins+91.1 pts
Fee
QBER winslower fee
Yield
SOXS wins+17.0 pts
AUM
SOXS71.3× more
3–1QBER wins
Direxion SOXS and TrueShares QBER · year-to-date · as of Nov 5, 2026 · AUM not scored
QBER vs VOO
YTDQBER · Elevation Series Trust - TrueShares Quarterly Bear Hedge
−0.5%
VOO · S&P 500
+13.4%
Gap
13.9 pts
TrueShares QBER and Vanguard VOO · YTD total return · as of Nov 5, 2026
QBER vs Its Peer Average
YTDQBERAvsBPeer average
1D−0.1%−1.7%
1M+0.3%+9.8%
3M+0.2%−2.4%
YTD−0.5%−19.0%
1Y+0.4%−22.1%
3Y[…]−56.6%
5Y[…]−39.0%
4–1QBER wins
123 An index peers · each row scaled to its leader
The Details
QBER
Risk
1Y5/5our risk indicator
CalmerBumpier
Volatility · 1Y3.84%
Deepest drop · 1Y−2.3%
Lowest point · 5Y−0.4%
52-week range
$23.85
$19.75−4.1% from the high$24.88
TrueShares QBER · past-year price moves · as of Nov 5, 2026
QBER
Fund Facts
Today2024launched Jun 28
Tracks[…]
Exchange · CUSIPCBOE · 210322509
StructureETF
Leverage-1x
Cost on $10,000$79 a year
Go deeper
TrueShares QBER · fund facts · as of Nov 5, 2026
QBER
Payouts by Year
2Y$0.78per share, Dec 2025
Distribution yield3.3%
Paid[…]
Latest ex-date · paidDec 24, 2025
2 payouts added up$1.12 a share
TrueShares QBER · distributions by ex-date · 2024–2025
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-07-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2026-04-30 ↗prospectus · SEC 497 ↗SEC reported portfolio · 2026-01-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-10-31 ↗SEC reported portfolio · 2025-07-31 ↗SEC reported portfolio · 2025-04-30 ↗SEC reported portfolio · 2025-01-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-10-31 ↗SEC reported portfolio · 2024-07-31 ↗summary prospectus · SEC 497K ↗
Trading & Liquidity
Net asset value$23.90
Premium / discount[…]
Median spread · 30D[…]
Volume today126K
Average volume · 30D39K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.79%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$79.00
Our risk indicator5/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Dec 24, 2025 | […] | $0.78 |
| Dec 27, 2024 | […] | $0.33 |
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