Financial Highlights Per Share Performance

2 Months Ended

Sep. 30, 2024

Investment Company, Financial Highlights [Abstract]

Financial Highlights Per Share Performance

9. Financial Highlights Per Share Performance

	July 31, 2024 (the commencement of the Trust’s operations) to September 30, 2024
Per Share Data:
Principal market net asset value, initial creation	$	5.78
Net increase in net assets from investment operations:
Net investment loss(1)		-
Net realized and unrealized loss		(0.15	)
Net decrease in net assets resulting from operations		(0.15	)
Principal market net asset value, end of period	$	5.63
Total return		-2.60	%
Ratios to average net assets:
Net investment loss		-0.15	%
Expenses		-0.15	%

(1)Based on average shares outstanding, net investment loss represents an amount less than $0.005 per share

Ratios of net investment loss and expenses to average net assets have been annualized.

An individual shareholder’s return, ratios, and per Share performance may vary from those presented above based on the timing of Share transactions. The amount shown for a Share outstanding throughout the period may not correlate with the Statement of Operations for the period due to the number of Shares issued in Creations occurring at an operational value derived from an operating metric as defined in the Trust Agreement.

Total return is calculated assuming an initial investment made at the Principal Market NAV at the beginning of the period and assuming redemption on the last day of the period and has not been annualized.