Key stats
About Elevation Series Trust TrueShares Quarterly Bear Hedge ETF
Home page
Inception date
Jun 28, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
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
QBER 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 through the utilization of put options. At the start of each quarter, the fund purchases out-of-the money or at-the-money put options. The adviser evaluates the relative prices of options and selects those with the highest expected return based on market volatility. When the value of the large-cap equity market is below the put options strike price, it finishes in-the-money and may generate positive returns. 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.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
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.
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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.
QBER trades at 24.76 USD today, its price has risen 0.28% in the past 24 hours. Track more dynamics on QBER price chart.
QBER net asset value is 24.72 today — it's risen 0.11% 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.
QBER assets under management is 145.43 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.
QBER price has risen by 0.41% over the last month, and its yearly performance shows a −1.04% decrease. See more dynamics on QBER price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.50% decrease in three-month performance and has increased by 0.12% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.50% decrease in three-month performance and has increased by 0.12% in a year.
QBER fund flows account for 145.93 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.
QBER invests in bonds. See more details in our Analysis section.
QBER 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.
QBER is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
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, QBER technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QBER shows the buy signal. See more of QBER technicals for a more comprehensive analysis.
Today, QBER technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QBER shows the buy signal. See more of QBER technicals for a more comprehensive analysis.
Yes, QBER pays dividends to its holders with the dividend yield of 1.35%.
QBER trades at a premium (0.21%).
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.
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.
QBER shares are issued by Truemark Group LLC
QBER 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.