QBER ETF — TrueShares Quarterly Bear Hedge ETF

TrueShares Quarterly Bear Hedge ETF (QBER)

QBER is an ETF. its distribution rate is 3.28%, its trailing-12-month yield is 3.28%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -0.3% over the past 2.2 years, 43.8 points behind SPY at 43.5%.

At the current 3.28% distribution rate, a $10,000 investment would generate approximately $328 per year if the next payment matches the last regular one.

TrueShares Quarterly Bear Hedge ETF is an actively managed fund that holds short-term income securities and buys laddered three-month put options on U.S. large-cap equities, seeking to benefit from meaningful equity-market declines while protecting principal. The fund has an expense ratio of 0.79% and does not have a set distribution frequency.

QBER performance versus SPY

Price and return data through 2026-09-30.

Total return is -0.3% over the past 2.2 years, 43.8 points behind SPY at 43.5%. Over the past year its total return — price change plus distributions reinvested — is -0.1%. Its deepest 1-year drawdown was 2.3%.

QBER key facts

Distribution Safety Score™

50 · Unproven

Issuer

TrueShares

Asset type

ETF

Asset class

Fixed Income

Inception date

06/28/2024

Expense ratio

0.79%

Distribution rate

3.28%

Distribution frequency

Annual

Trailing yield

3.28%

Last close

$23.82 (as of 2026-09-30)

NAV

$23.82

Premium / discount

0.00%

AUM

$74,780,034

Average volume

28237.0

Last dividend

$0.782

Last ex-dividend date

12/24/2025

Beta

-0.1565

P/E ratio

26.0933

How Dividend Vision calculates yield and returns

Distribution rate (3.28%) 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 (3.28%) 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 or company page; Fact sheet; 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.

QBER risks and drawbacks

QBER's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 2.3%.

Who may consider QBER — and who may not

QBER may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (QBER pays annual); 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.