LionShares U.S. Equity Total Return ETF

Frequently Asked Questions About TOT

What does TOT invest in?

TOT aims to deliver returns that mirror the overall performance of US stocks via ETFs that track the broad US equity market. Investments may include options and futures on these ETFs and futures on US equity indices to optimize exposure and for an efficient and cost-effective participation. The funds strategy aims to be a tax-efficient option by minimizing taxable distributions. TOT may engage in frequent and active trading.

What is the expense ratio of TOT?

LionShares U.S. Equity Total Return ETF (TOT) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TOT?

LionShares U.S. Equity Total Return ETF (TOT) manages $10.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is TOT actively managed or an index fund?

TOT is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TOT's is 0.25%) in exchange for the discretion to over- or under-weight positions.

When was TOT launched?

LionShares U.S. Equity Total Return ETF (TOT) launched in September 2025 and is managed by LionShares.

How has TOT performed?

TOT's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.