STLR

Official documents are being connected from SEC EDGAR. Read the issuer’s prospectus before investing.

Issuer

Volatility Shares

Inception

2026-04-01

Exchange

CBOE

CUSIP

92865J760

Structure

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Benchmark

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Leverage

1x

Reset

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STLR is an actively managed fund focused on achieving returns linked to XLM futures contracts traded on CFTC-registered exchanges, along with collateral investments like cash or high-quality securities. It aims for full participation in XLM returns by using the price of the near-expiry XLM futures contracts and rolling the futures contracts prior to expiration. Though the fund does not invest directly in XLM, it benefits from XLM futures contracts price increases and exposes investors to all downside risk. XLM is the native token of the Stellar Network, a decentralized, open-source blockchain platform designed to facilitate fast, low-cost cross-border payments and asset transfers. The fund may hold XLM futures contracts, shares in other XLM-linked ETPs not registered under the 1940 Act (when applicable), XLM referenced indexes, and swap agreements referencing XLM. The fund utilizes a Cayman Island subsidiary to invest via futures contracts.

Reported net asset value

$19.54

NAV provider updated

2026-10-30 UTC

Premium / discount

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Median spread · 30D

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Average volume · 30D

3K

Shares outstanding

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Options

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TTM distribution yield

1.2%

30-day SEC yield

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Frequency

—

Latest ex-date

2026-10-21

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

1.15%

Gross expense ratio

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Management fee

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Annual cost per $10,000

$115.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

4/5 · rule-based

Annualized volatility · 1Y

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Beta vs VOO · 1Y

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Maximum drawdown · 1Y

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Historical risk measures describe past behavior and do not predict future returns.