IQ

ONEH TrueShares Equity Hedge ETF

$24.48
−0.1% · 1 day, price

From its Jan 29, 2026 launch to Oct 27, 2026, ONEH lost 2.1%.

Hedged equity fund: owns stocks and pays for protection against a fall, most often with put optionsTrueShares ↗Expense ratio 0.79%Fund assets $15m net assets, latest filing (Jul 31, 2026)First traded Jan 29, 2026SEC filings ↗Every TrueShares fund ETFIQ covers

Promise check: Not measuredIts strategy, equity hedged, states no objective ETFIQ can measure.

Compare with…Trading costsPut to the committeeaskIQ about ONEHAdd to portfolioAlerts
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ONEH risk and return scorecard

vs its benchmark

Not measured: no ETF prices its benchmark (none named).

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

What you earned

ONEH +0.1%: total return over one month to Oct 27, 2026.
ONEH+0.1%
ONEH −0.4%: total return over three months to Oct 27, 2026.
ONEH−0.4%
ONEH −0.2%: total return over six months to Oct 27, 2026.
ONEH−0.2%
ONEH −2.1%: total return since launch to Oct 27, 2026.
ONEH−2.1%
askIQ: what drove ONEH’s returns? ↗

How concentrated, and what does it cost?

−2.1%
Total return since launch
Report
+11.8%
S&P 500 over the same days
Report
not available
Against its own benchmark
188
Days it has traded
Report
Sector mix
Cost against like funds
askIQ: is a 0.79% fee low for a fund like ONEH? ↗

More on ONEH

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Price since launch, Jan 29, 2026

$24.48−0.1%1 day, priceClose, Oct 27, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 27, 2026. Updated every trading night. Report a data error

ONEH returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Sep 25 – Oct 27, 2026+0.1%−0.2%
3M Jul 28 – Oct 27, 2026−0.4%+4.1%
6M Apr 28 – Oct 27, 2026−0.2%+8.7%
Since launch Jan 29 – Oct 27, 2026−2.1%+11.8%

Total returns, distributions reinvested. Listed Jan 2026: no year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested. Report a data error

ONEH key stats

High since Jan 29, 2026, daily closes to Oct 27, 2026 (ETFIQ)$25.43 on Sep 1, 2026
Low since Jan 29, 2026, daily closes to Oct 27, 2026 (ETFIQ)$24.11 on Mar 31, 2026
Close on Oct 27, 2026, within that range (ETFIQ)$24.48, 28% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 27, 2026
Trading · ONEHas of Oct 27, 2026
·
Not scored0 of 6 measured · Oct 27, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

About ONEH

IssuerTrueShares
Strategy (ETFIQ, from its prospectus)Hedged equityReport
Expense ratio (485BPOS XBRL, Jan 8, 2026)0.79%Report
Net assets (SEC N-PORT, whole fund, as filed for Jul 31, 2026)$15mReport
Index its prospectus namesS&P 500 Total Return Index; no other fund tracks it
When stocks fellS&P 500 −4.9% in March 2026; ONEH not measured, as its market-price return of −2.83% and its NAV return of −1.57% differ by 1.26 points, past the 1.0-point tolerance
Weekly correlation with the S&P 500not measured, as it has fewer than 52 weeks of closes
First tradedJan 29, 2026
Days traded188
Quotedon an exchange, every trading day
How we measure
Weekly closes from Tiingo with distributions reinvested, 52 weeks to the same date for the fund, SPY and BIL. ETFIQ calculation. Method
IQ Investment Committee on ONEH

Three seats on ONEH, as of Oct 27, 2026.

In the tradition ofJohn BogleBogle-style Low CostChallengesIn the tradition ofJesse LivermoreLivermore-style Trend FollowingMixedIn the tradition ofDavid SwensenSwensen-style DiversificationChallenges
Put ONEH to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about ONEH

What does ONEH cost?
The prospectus expense ratio is 0.79% a year.
Why is ONEH listed as hedged equity?
ETFIQ files each fund by what its own prospectus says it does, and ONEH’s, filed Jan 8, 2026, describes a hedged equity fund.
Sources and dates
Prices, ONEH and S&P 500 (SPY)Prices, Tiingo end of day ↗
Fee, 0.79%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $15mSEC N-PORT, whole fund · Jul 31, 2026
SourceProspectus the strategy was read from (SEC) ↗
IssuerTrueShares website ↗
All fund filingsFund filings on SEC EDGAR ↗
TrueShares’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, ONEH, alternatives ETFs, data as of Oct 27, 2026. https://etfiq.com/funds/oneh

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Correlation
How closely the fund’s weekly returns moved with the S&P 500’s over the last year, from −1 to 1. At 1 the two rise and fall together, at 0 there is no pattern, and below 0 the fund tended to move the other way.
Beta
How far the fund moved, on average, for each 1% move in the S&P 500 over the same weeks. At 0.3 it moved about 0.3% the same way; below 0 it moved the other way.
Down week
A week in which the S&P 500 fell, measured through SPY with dividends reinvested. A week that ended exactly level is not a down week.
Down-week capture
The fund’s average return in the S&P 500’s down weeks as a share of the index’s own average in those weeks. At 100% it fell as much, at 50% half as much, and below zero it rose. It is weekly and covers one year, so it is not the same number as Morningstar’s downside capture.
Against T-bills
The fund’s total return minus a short Treasury bill fund’s (BIL) over the same year, in percentage points. A fund can steady a portfolio and still earn less than cash.
Full definitions: alternatives ETFs vocabulary page. →
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Snapshot, Oct 27, 2026. More on the tabs above.