TOT ETF — Lionshares U.S. Equity Total Return ETF

Lionshares U.S. Equity Total Return ETF (TOT)

Updated October 16, 2026.

TOT is a low-cost ETF. its expense ratio is 0.07%. Total return is 19.1% over the past 1.1 years, 1.1 points behind SPY at 20.2%.

Lionshares U.S. Equity Total Return ETF is an actively managed fund that invests primarily in ETFs tracking the broad U.S. equity market, structured to minimize required distributions. The fund does not maintain an established distribution schedule, and its expense ratio is 0.07%. It appeals to equity investors seeking broad U.S. market exposure with a tax-efficient approach that defers income realization.

TOT performance versus SPY

Price and return data through 2026-10-16.

Total return is 19.1% over the past 1.1 years, 1.1 points behind SPY at 20.2%. Its deepest 1-year drawdown was 9.0%.

TOT key facts

Issuer

Lionshares

Asset type

ETF

Asset class

Equity

Inception date

09/02/2025

Expense ratio

0.07%

Distribution frequency

None

Last close

$23.95 (as of 2026-10-16)

AUM

$10,580,777

Average volume

27856.0

Beta

1.0198

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Lionshares; 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.

TOT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.0%.

Who may consider TOT — and who may not

TOT may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (TOT does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TOT

• All tickers starting with T

Frequently asked questions

More securities from Lionshares.