{
 "ticker": "QUSA",
 "name": "VistaShares Target 15 USA Quality Income ETF",
 "issuer": "VistaShares",
 "desk": "income",
 "url": "https://etfiq.com/funds/qusa",
 "html": "https://etfiq.com/funds/qusa",
 "markdown": "https://etfiq.com/funds/qusa.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, QUSA paid 13.8% in cash and still finished 11.7 points behind QUAL.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "13.8%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "QUSA, cash paid, 1 year, on its starting price: 13.8%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+3.5%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "QUSA, total return, 1 year: +3.5%, as of Sep 18, 2026."
  },
  {
   "key": "against_qual",
   "label": "Against QUAL",
   "value": "\u221211.7 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "QUSA, against QUAL: \u221211.7 pts, as of Sep 18, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "15.3%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "QUSA, latest payout, annualized: 15.3%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$22m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "QUSA, net assets: $22m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.97%",
   "source": "485BPOS XBRL, Jun 25, 2026",
   "as_of": "2026-09-18",
   "sentence": "QUSA, expense ratio: 0.97% (485BPOS XBRL, Jun 25, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "USA Quality (QUAL), used as the quality proxy (proxy)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$22m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "15.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.97%",
   "source": "485BPOS XBRL, Jun 25, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "15.6%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "May 6, 2025",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "28 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "2 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.2259 ex Aug 24, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$2.759",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "3.6%",
   "Price": "\u22125.5%",
   "Total return": "\u22121.9%",
   "QUAL": "+1.7%",
   "Ahead or behind": "\u22123.6 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "7.8%",
   "Price": "+2.4%",
   "Total return": "+10.4%",
   "QUAL": "+14.7%",
   "Ahead or behind": "\u22124.3 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "13.8%",
   "Price": "\u221211.0%",
   "Total return": "+3.5%",
   "QUAL": "+15.2%",
   "Ahead or behind": "\u221211.7 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "15.1%",
   "Price": "\u221210.8%",
   "Total return": "+4.9%",
   "QUAL": "+30.7%",
   "Ahead or behind": "\u221225.8 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has QUSA paid over the last year?",
   "a": "Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting price in cash distributions, while the price fell 11.0%."
  },
  {
   "q": "Is QUSA ahead of QUAL?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, QUSA returned +3.5% against +15.2% for USA Quality (QUAL), used as the quality proxy, so a holder was behind it by 11.7 points."
  },
  {
   "q": "How often does QUSA pay, and how much?",
   "a": "QUSA pays monthly. The latest distribution annualizes to 15.3% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "When does QUSA next pay a distribution?",
   "a": "QUSA pays monthly. The last distribution went ex on Aug 24, 2026 at $0.2259 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 21, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days."
  },
  {
   "q": "What does QUSA cost?",
   "a": "The prospectus expense ratio is 0.97% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}