For educational purposes only. Nothing on this site constitutes investment advice. Disclaimers

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OOQB — One+One™ Nasdaq-100® and Bitcoin ETF

OOQB targets ~100% Nasdaq-100 exposure alongside ~100% bitcoin futures exposure in one listed wrapper.

Equity Efficiency:A+Capital Efficiency grades how well this ETF delivers equity-side returns relative to the capital and beta it uses, with SPY as the B baseline. Leveraged ETFs score higher when they free up capital for an alpha sleeve. Long/short and factor ETFs are graded on excess return versus SPY, net of costs. OOQB targets roughly ~100% Nasdaq-100 notional alongside ~100% bitcoin futures exposure in one listed wrapper (Volatility Shares One+One™ design).Alpha Efficiency:DAlpha Efficiency grades the non-equity sleeve of this stacked ETF on return above its borrowing cost: that's the true hurdle for a futures overlay. A sleeve that only matches its financing cost adds no value; grades above B mean the overlay is genuinely earning its keep. The non-core sleeve is bitcoin futures exposure implemented alongside Nasdaq beta. Implementation, margin, and roll dominate versus a single-index mental model.Stacked Efficiency:B+Stacked Efficiency blends Capital- and Alpha-bucket grades using the configured sleeve weights (50% capital / 50% alpha).

OOQB price history

Range
-26.17%
Total return (1Y)
OOQB

Total return (Yahoo adjusted close—dividends and splits per Yahoo), normalized to $10,000 at first available trade date. Educational only.

Strategy

Volatility Shares built its franchise engineering listed products around volatility and convexity; OOQB extends that toolkit to “One+One” stacking—Nasdaq-100 futures or swaps plus bitcoin futures so each dollar of NAV carries roughly a dollar of each risk factor before fees.

Because both sleeves are high-beta, margin and exchange rules can force de-risking faster than a 60/40 fund. If one leg limits up or down while the other remains open, execution gaps can be meaningful.

Manager and Issuer Pedigree

Volatility Shares is best known for VIX-linked ETPs that broke new ground (and new risk education) for U.S. investors; the sponsor’s DNA is derivatives engineering, not plain-vanilla indexing—OOQB inherits that culture: tight operations desks, aggressive disclosure updates, and a user base that understands path risk.

Listed AUM across Volatility Shares is meaningful within structured ETPs but small compared to BlackRock or State Street. Expect episodic liquidity pockets around headline crypto moves rather than continuous tight spreads.

Outperformance

Outperforms when both Nasdaq and bitcoin trend together, dispersion stays orderly, and funding markets behave.

Underperforms when bitcoin funding blows out while Nasdaq gaps down: both legs correlate higher than expected, so each sleeve needs independent drivers to earn.

Official ETF page

Read the official ETF page for current NAV, holdings, and documents: Volatility Shares — SEC summary prospectus (OOQB).

Beta and MER may not be accurate.
Educational content only; not investment advice. Past performance does not guarantee future results.