TOT

LionShares U.S. Equity Total Return ETF

Overview

The LionShares U.S. Equity Total Return ETF seeks to track the total return of the broad U.S. equity market.

The fund is actively managed and aims to pay no dividends.

Why TOT?

  • Reduce Tax Drag. Distributions can cause a taxable event and decrease portfolio returns. TOT uses active management to minimize dividends.
  • Stay Invested. Receiving a dividend leads to unallocated cash, which can cause tracking errors and lower returns. By reducing distributions, TOT enables full-time investment.
  • Minimize Costs. TOT provides diversified exposure to the broad U.S. equity market while only charging a net expense ratio of 0.07% per year.

Fund Details

Ticker TOT
Exchange NYSE Arca
Gross Expense Ratio1 0.25%
Net Expense Ratio2 0.07%
Currency USD
CUSIP 00777X470
ISIN US00777X4705
Launch Date 09/03/25
NAV (as of 9/2/25) $20.00
AUM (as of 9/2/25) $5,250,507

1 Fees incurred by the fund before fee waiver.

2 Fees incurred by the fund after fee waiver. The Advisor has contractually agreed to a fee waiver and it remains in effect until at least 09/01/2026.

Top 10 Holdings

As of XX/XX/XXXX
Name CUSIP Shares Market Value Weight
Vanguard Total Stock Market ETF 922908769 5,703 $1,802,091 34.32%
SPDR Portfolio S&P 1500 Composite Stock Market ETF 78464A805 18,697 $1,453,131 27.68%
SPDR S&P 500 ETF Trust 78462F103 1,011 $647,313 12.33%
Invesco Nasdaq 100 ETF 46138G649 2,500 $582,125 11.09%
iShares Core S&P Total U.S. Stock Market ETF 464287150 4,000 $561,240 10.69%
iShares Core S&P 500 ETF 464287200 318 $204,608 3.90%

Holdings are subject to change.

Performance

NAV
$20.00 +$0.00
as of 9/2/25
Market Price
$TBD +$0.00
as of 9/2/25
30-Day Median Bid/Ask Spread
TBD%
as of 9/2/25

Historical Performance

As of XX/XX/XXXX
No Data Available
1 Month 3 Month YTD 1 Year Since Inception (XX/XX/XXXX)
Fund NAV - - - - -
Fund Closing Market Price - - - - -
Benchmark - - - - -

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month-end may be obtained by calling 855-885-7363.

Premium/Discount

No Data Available
Q3 2025
Days at premium -
Days at zero premium/discount -
Days at discount -

Distributions

Ex-Date Record Date Payable Date Income
- - - -
- - - -
- - - -

There is no guarantee that the Fund will pay any distributions.

FAQ

ETF dividends are often considered ordinary income, which can be subject to tax at the federal, state, and city level. Investors should consult their own tax advisors to determine the suitability of the Fund and the applicability of any state, local or foreign taxation.

The Fund is actively managed in a manner intended to minimize the Fund’s need to make distributions. The Fund aims to pay no dividends.