{
 "ticker": "VOOB",
 "name": "VistaShares Shield S&P 500 Enhanced Protection ETF",
 "issuer": "VistaShares",
 "desk": "buffer",
 "url": "https://etfiq.com/funds/voob",
 "html": "https://etfiq.com/funds/voob",
 "markdown": "https://etfiq.com/funds/voob.md",
 "as_of": "2026-10-09",
 "verdict": "As of Oct 9, 2026, VOOB resets its protection every month and has returned +0.3% since it listed.",
 "key_facts": [
  {
   "key": "first_loss_offset_each_month",
   "label": "First loss offset each month",
   "value": "8.0%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VOOB, first loss offset each month: 8.0%, as of Oct 9, 2026."
  },
  {
   "key": "share_of_further_losses",
   "label": "Share of further losses",
   "value": "50.0%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VOOB, share of further losses: 50.0%, as of Oct 9, 2026."
  },
  {
   "key": "cap",
   "label": "Cap",
   "value": "none",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VOOB, cap: none, as of Oct 9, 2026."
  },
  {
   "key": "return_since_listing",
   "label": "Return since listing",
   "value": "+0.3%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VOOB, return since listing: +0.3%, as of Oct 9, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "485BPOS XBRL, Sep 9, 2026",
   "as_of": "2026-10-09",
   "sentence": "VOOB, expense ratio: 0.79% (485BPOS XBRL, Sep 9, 2026)."
  },
  {
   "key": "reference_index",
   "label": "Reference index",
   "value": "SPY (S&P 500 Index)",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VOOB, reference index: SPY (S&P 500 Index), as of Oct 9, 2026."
  }
 ],
 "fields": [
  {
   "key": "kind",
   "label": "Kind",
   "value": "Monthly buffer ETF: one-month options, bought again each month",
   "source": null
  },
  {
   "key": "reference_index",
   "label": "Reference index",
   "value": "SPY (S&P 500 Index)",
   "source": null
  },
  {
   "key": "protection_each_month",
   "label": "Protection each month",
   "value": "the first 8.0% of losses",
   "source": "prospectus"
  },
  {
   "key": "share_of_losses_beyond_it",
   "label": "Share of losses beyond it",
   "value": "50.0%",
   "source": "prospectus"
  },
  {
   "key": "cap",
   "label": "Cap",
   "value": "none: the fund does not employ a structural cap",
   "source": "prospectus"
  },
  {
   "key": "options_period",
   "label": "Options period",
   "value": "about one month",
   "source": "prospectus"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Sep 22, 2026",
   "source": null
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "485BPOS XBRL, Sep 9, 2026"
  },
  {
   "key": "prospectus",
   "label": "Prospectus",
   "value": "497K filed Sep 18, 2026",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "Since launch",
   "Total return": "+0.3%",
   "SPY price return": "+0.7%",
   "Gap to SPY": "\u22120.3 pts"
  }
 ],
 "questions": [
  {
   "q": "How often does VOOB reset?",
   "a": "Every month. VOOB's prospectus says it rebalances its options monthly as they approach expiry and does not reset at a fixed outcome period."
  },
  {
   "q": "Does VOOB have a cap?",
   "a": "No. Its prospectus says it does not employ a structural cap; its upside is what the month's option premiums buy."
  },
  {
   "q": "How much of a fall does VOOB absorb?",
   "a": "Its prospectus says it initially seeks to offset the first 8.0% of losses in each monthly period and take about 50.0% of any further loss, and that the level may change."
  }
 ],
 "generated": "2026-10-09",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, VOOB, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/voob"
}