Stock Expert AI

OOSB ETF — Holdings & Analysis

The One One S&P 500 and Bitcoin ETF (OOSB) is an actively managed asset allocation fund from Volatility Shares, launched in 2025. With an expense ratio of 0.85%, OOSB seeks long-term capital appreciation by providing leveraged exposure to both the S&P 500 and Bitcoin futures. The fund aims for a combined 200% notional exposure, allocating 100% to each asset class through futures contracts, pooled investment vehicles, and collateral. As of 2026-03-15, OOSB has an AUM of $0.00B and a NAV of $16.68.

One One S&P 500 and Bitcoin ETF (OOSB) ETF — Price, Holdings & Analysis

The One One S&P 500 and Bitcoin ETF (OOSB) is an actively managed asset allocation fund from Volatility Shares, launched in 2025. With an expense ratio of 0.85%, OOSB seeks long-term capital appreciation by providing leveraged exposure to both the S&P 500 and Bitcoin futures. The fund aims for a combined 200% notional exposure, allocating 100% to each asset class through futures contracts, pooled investment vehicles, and collateral. As of 2026-03-15, OOSB has an AUM of $0.00B and a NAV of $16.68.

ETF Overview

OOSB provides exposure to the S&P 500 and Bitcoin. The fund aims for long-term capital appreciation by using leverage through US-listed futures, pooled investment vehicles, and collateral. The fund targets 100% notional exposure for the returns of each component or an aggregate of 200%. The strategy seeks to magnify exposure so that every $1 investment is $1 exposure each to the S&P 500 and Bitcoin. The fund does not invest directly in Bitcoin but uses Bitcoin price reflected in the next or second-to-next expiring futures contract. In the case of other Bitcoin-linked investments, value is calculated by the average. Through a wholly owned Cayman Islands subsidiary, the fund invests in futures, ETPs with similar exposure, equities, and cash and cash equivalents. The actively managed ETF has full discretion to adjust the portfolio at any given time, while maintaining its tax status. Therefore, tracking deviation may be greater than the performance of the S&P 500 or Bitcoin.
The One One S&P 500 and Bitcoin ETF (OOSB) offers investors a unique investment strategy by combining exposure to the S&P 500 and Bitcoin. The fund achieves this through a leveraged approach, targeting 100% notional exposure to each asset class, resulting in a total of 200%. OOSB does not directly hold Bitcoin but gains exposure through Bitcoin futures contracts, specifically the next or second-to-next expiring contracts. The fund may also invest in other Bitcoin-linked investments, valuing them based on the average. A wholly owned Cayman Islands subsidiary is used to invest in futures, ETPs with similar exposure, equities, and cash equivalents. As an actively managed ETF, OOSB's portfolio allocation can be adjusted at any time, which may lead to tracking deviations from the performance of the S&P 500 and Bitcoin. This ETF is designed for investors seeking amplified exposure to these two asset classes, accepting the higher risk and potential volatility associated with leveraged strategies and active management.

Risk Metrics

Investing in the One One S&P 500 and Bitcoin ETF (OOSB) involves several risks. The fund's leveraged strategy, aiming for 200% notional exposure to the S&P 500 and Bitcoin, can magnify both gains and losses. The 0.85% expense ratio can create a drag on returns, especially in periods of low performance. Because OOSB uses Bitcoin futures contracts rather than holding Bitcoin directly, its performance may deviate from the spot price of Bitcoin. The fund's active management introduces the risk that the manager's decisions may not align with market movements or investor expectations. The fund's concentration in two asset classes, equities (via the S&P 500) and cryptocurrency (via Bitcoin futures), increases its sensitivity to market fluctuations within those sectors. With a beta of 0.00, it is not possible to assess the fund's volatility relative to the market.

Expense Ratio

0.85%

Dividend Yield

0.00%
  • <a href="/etf/mful">Mindful Conservative ETF (MFUL)</a> — 1.22% expense ratio
  • <a href="/etf/tdsc">ETC Cabana Target Drawdown 10 ETF (TDSC)</a> — 0.90% expense ratio
  • <a href="/etf/lcr">Leuthold Core Exchange Traded Fund (LCR)</a> — 0.84% expense ratio
  • <a href="/etf/tfpn">Blueprint Chesapeake Multi-Asset Trend ETF (TFPN)</a> — 2.06% expense ratio
  • <a href="/etf/know">Fundamentals First ETF (KNOW)</a> — 1.09% expense ratio
  • <a href="/etf/rsby">Return Stacked Bonds & Futures Yield ETF (RSBY)</a> — 0.98% expense ratio
  • <a href="/etf/elm">Elm Market Navigator ETF (ELM)</a> — 0.26% expense ratio
  • <a href="/etf/blui">Bluemonte Diversified Income ETF (BLUI)</a> — 0.75% expense ratio
  • <a href="/etf/uvix">2x Long VIX Futures ETF (UVIX)</a> (Alternatives) — 2.19% expense ratio
  • <a href="/etf/solt">2x Solana ETF (SOLT)</a> (Alternatives) — 1.85% expense ratio

Risk Metrics

  • Beta: 0.00

Questions & Answers

What is OOSB and what does it track?

The One One S&P 500 and Bitcoin ETF (OOSB) is an actively managed asset allocation ETF from Volatility Shares. Launched in 2025, OOSB aims to provide investors with leveraged exposure to both the S&P 500 and Bitcoin. The fund targets 100% notional exposure to each asset class, seeking long-term capital appreciation. OOSB achieves this by investing in U.S.-listed futures, pooled investment vehicles, and collateral, using a wholly owned Cayman Islands subsidiary. The fund does not directly hold Bitcoin but uses Bitcoin futures contracts to reflect the price of Bitcoin.

What is the expense ratio for OOSB?

The expense ratio for the One One S&P 500 and Bitcoin ETF (OOSB) is 0.85%. This means that for every $1000 invested in the fund, $8.50 is used to cover operating expenses. While there isn't enough data to determine the average expense ratio for asset allocation ETFs, this may be worth researching cost when evaluating OOSB's potential returns. The expense ratio can impact the overall performance of the fund, especially in periods of lower returns.

What are the top holdings in OOSB?

As an actively managed fund that uses a combination of futures, ETPs, equities and cash to achieve its investment objective, OOSB's top holdings are dynamic and subject to change. The fund provides exposure to the S&P 500 and Bitcoin through these instruments. The fund invests in Bitcoin futures contracts, specifically the next or second-to-next expiring contracts. For specific details on the most current holdings, refer to the official fund documentation from Volatility Shares.

Is OOSB a good long-term investment?

Evaluating OOSB as a long-term investment requires careful consideration of its investment strategy and risk profile. The fund's leveraged approach, targeting 200% notional exposure to the S&P 500 and Bitcoin, can amplify both gains and losses, making it potentially more volatile than traditional investments. The 0.85% expense ratio should also be factored into any long-term return expectations. Investors should assess their risk tolerance and investment goals before considering OOSB for long-term allocation. Past performance does not guarantee future results.

How does OOSB compare to similar ETFs?

OOSB differentiates itself through its unique combination of leveraged exposure to both the S&P 500 and Bitcoin. Many asset allocation ETFs focus on traditional asset classes like stocks and bonds, or offer exposure to a single alternative asset. OOSB's 0.85% expense ratio may be higher than some non-leveraged ETFs. With an AUM of $0.00B, OOSB is relatively small compared to more established asset allocation funds. Investors should compare OOSB's strategy, risk profile, and fees with those of other ETFs to determine the best fit for their portfolios.

Does OOSB pay dividends?

According to the available data, the One One S&P 500 and Bitcoin ETF (OOSB) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with a history of dividend payments. However, OOSB's primary objective is long-term capital appreciation through leveraged exposure to the S&P 500 and Bitcoin.