# Volatility Premium Plus ETF (ZVOL) — Overview

ZVOL · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/zvol

## Price

Last close $7.84 on Oct 15, 2026. 52-week range $7.46 – $12.00.

## Fund profile

ZVOL is an actively managed fund aiming to provide a monthly income stream and inverse exposure to the daily performance of the S&P 500 VIX Mid-Term Futures Index. The fund holds short positions in fourth, fifth, sixth, and seventh month VIX futures contracts.

| Metric | Value |
| --- | --- |
| Issuer | Volatility Shares LLC |
| Industry | — |
| Inception | Apr 19, 2023 |
| Assets under management | $20.6M |
| Expense ratio | 1.42% |
| Net asset value | $7.82 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Volatility Premium Plus ETF (ZVOL)?

ZVOL is an actively managed fund aiming to provide a monthly income stream and inverse exposure to the daily performance of the S&P 500 VIX Mid-Term Futures Index. The fund holds short positions in fourth, fifth, sixth, and seventh month VIX futures contracts.

### What is ZVOL's expense ratio?

Volatility Premium Plus ETF charges an annual expense ratio of 1.42%. The fund is issued by Volatility Shares LLC.

### How large is ZVOL?

Volatility Premium Plus ETF manages $20.6M in assets and has traded since Apr 19, 2023.

### How do I buy shares of Volatility Premium Plus ETF (ZVOL)?

ZVOL trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
