XML 38 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Performance Management - Volatility Premium Plus ETF
Feb. 28, 2025
Prospectus [Line Items]  
Bar Chart and Performance Table [Heading] Performance
Performance Narrative [Text Block]

The bar chart below shows how the Fund’s investment results have varied from year to year, and the table shows how the Fund’s average annual total returns for various periods compare with different broad measures of market performance. This information provides some indication of the risks of investing in the Fund. Past results (before and after taxes) are not predictive of future results. Updated information on the Fund’s results can be obtained by visiting the Fund’s website at www.volatilityshares.com.
Performance Past Does Not Indicate Future [Text] The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Performance Information Illustrates Variability of Returns [Text] The bar chart below shows how the Fund’s investment results have varied from year to year, and the table shows how the Fund’s average annual total returns for various periods compare with different broad measures of market performance. This information provides some indication of the risks of investing in the Fund.
Bar Chart [Heading] Calendar Year Total Returns as of 12/31
Bar Chart [Table]

Bar Chart Closing [Text Block]

The Fund’s highest quarterly return was 14.19% (quarter ended December 31, 2023) and the Fund’s lowest quarterly return was (10.21)% (quarter ended June 30, 2025). The Fund’s year-to-date performance as of the most recent quarter-end (September 30, 2025) was (13.70)%.
Year to Date Return, Label [Optional Text] year-to-date
Bar Chart, Year to Date Return (13.70%)
Bar Chart, Year to Date Return, Date Sep. 30, 2025
Highest Quarterly Return, Label [Optional Text] highest quarterly return
Highest Quarterly Return 14.19%
Highest Quarterly Return, Date Dec. 31, 2023
Lowest Quarterly Return, Label [Optional Text] lowest quarterly return
Lowest Quarterly Return (10.21%)
Lowest Quarterly Return, Date Jun. 30, 2025
Performance Table Heading Average Annual Total Return as of December 31, 2024
Performance Table Uses Highest Federal Rate All after-tax returns are calculated using the historical highest individual federal marginal income taxes and do not reflect the impact of any state or local tax.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant to investors who hold Shares in tax-deferred accounts such as individual retirement accounts (IRAs) or employee-sponsored retirement plans.
Performance [Table]

Average Annual Total Return as of December 31, 2024

Volatility Premium Plus ETF

1 Year

Since
Inception
(4/17/23)

Return Before Taxes

8.62%

34.12%

Return After Taxes on Distributions

(2.41)%

25.80%

Return After Taxes on Distributions and Sale of Fund Shares

5.23%

23.08%

S&P 500® VIX Mid-Term Futures Inverse Daily Index
(reflects no deduction for fees, expenses or taxes)(1)

7.51%

32.46%

S&P 500® Total Return Index (reflects no deduction for fees, expenses or taxes)

25.02%

24.47%

​(1)         On or about October 27, 2025, the Fund ceased tracking the S&P 500® VIX Mid-Term Futures Inverse Daily Index. Therefore, the Fund’s performance and historical returns shown for periods prior to October 27, 2025, are not indicative of the performance that the Fund, based on its current investment strategies, would have generated.
Performance Table One Class of after Tax Shown [Text] Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here.
Index No Deduction for Fees, Expenses, or Taxes [Text] reflects no deduction for fees, expenses or taxes
Performance Table Closing [Text Block]

The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.

Returns before taxes do not reflect the effects of any income or capital gains taxes. All after-tax returns are calculated using the historical highest individual federal marginal income taxes and do not reflect the impact of any state or local tax. Returns after taxes on distributions reflect the taxed return on the payment of dividends and capital gains.

Your own actual after-tax returns will depend on your specific tax situation and may differ from what is shown here. After-tax returns are not relevant to investors who hold Shares in tax-deferred accounts such as individual retirement accounts (IRAs) or employee-sponsored retirement plans.
Performance Availability Website Address [Text] www.volatilityshares.com