ONEH ETF — TrueShares Equity Hedge ETF

TrueShares Equity Hedge ETF (ONEH)

ONEH is an ETF. its expense ratio is 0.79%. Total return is -2.5% over the past 0.7 years, 13.2 points behind SPY at 10.7%.

TrueShares Equity Hedge ETF is an actively managed fund that uses options strategies on the S&P 500, purchasing put options for downside protection while also purchasing call options, with a target of 100% notional exposure aligned to the fund's net asset value and at least 80% invested in equity securities under normal conditions. The fund does not currently have an established distribution schedule. With an expense ratio of 0.79%, it may appeal to investors seeking equity exposure with built-in hedging characteristics rather than those pursuing regular income.

ONEH performance versus SPY

Price and return data through 2026-09-30.

Total return is -2.5% over the past 0.7 years, 13.2 points behind SPY at 10.7%.

ONEH key facts

Issuer

TrueShares

Asset type

ETF

Asset class

Fixed Income

Inception date

01/29/2026

Expense ratio

0.79%

Distribution frequency

None

Last close

$24.37 (as of 2026-09-30)

NAV

$24.37

Premium / discount

0.00%

AUM

$30,249,704

Average volume

24750.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: TrueShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ONEH risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider ONEH — and who may not

It is a weaker fit for investors who need monthly cash flow (ONEH does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from TrueShares.