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QUSA

GradeCNew York Stock Exchange Arca

VistaShares Target 15 USA Quality Income ETF

Option Income · VistaShares · Inception 2025-05-06 · SEC filings

$17.92−0.09 (−0.48%)

As of Sep 23, 2026, 2:18 PM EDT

History starts May 6, 2025.
Intraday session: down, 15 prints from 18.01 to 17.92. Range 17.83 to 17.97. Use the arrow keys to read each point.$17.85$17.90$17.9510 AM12 PM2 PM4 PM
Expense ratio
0.95%
Fund size
$22M
1Y return
+4.6%
Yield · Last 12 months
15.33%
Holdings
89
Volume · 30D
0M sh
NAV per share
$18.00
52W range
low $16.67high $20.01

The ETF.net QUSA Grade

C

49/ 100

Rank 22 of 51 in Active Option Income

Confidence Medium

Six-pillar profile for QUSA. Scores out of 100: Cost 51, Risk 46, Mission not scored, Tradability 46, Holdings 54, Durability 45. Strongest: Holdings (54). Weakest: Durability (45). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 51
    Category rank27/51 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 46
    Category rank26/45 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 46
    Category rank28/51 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 54
    Category rank24/42 · mid-pack
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 45
    Category rank33/51 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on QUSA

ETF.net Research

CA 15% annual income target written right into the fund's name. QUSA pairs roughly 100 profitable, low-debt US companies with an options overlay built to fund monthly payouts.

Stated mandate

QUSA primarily seeks income and secondarily seeks long-term capital appreciation. It combines a portfolio of U.S. quality equities with an options portfolio intended to support a 15% annual income target.

Why people hold it

  1. 01The income goal is spelled out, not implied: an options portfolio built around a 15% annual income target, with distributions paid monthly.
  2. 02The stock sleeve screens for quality, not yield: about 100 US names filtered for high profitability, low earnings variability and low leverage.
  3. 03The priorities are ranked, not blended. Income comes first, long-term capital appreciation second, so you know which lever the manager pulls.

Worth knowing

  1. 0115% is a target the overlay aims at, not a floor. The prospectus discloses distributions can include return of capital, meaning part of a payout can be your own money back.
  2. 02Rivals run similar stock-plus-options playbooks for a fraction of the fee: PAPI at 0.29%, TCAL 0.34%, ROCY 0.35%, against 0.95% here.
  3. 03A 2025 launch, still small and lightly traded, so there's little history to judge the overlay by and spreads can be wider than at bigger peers.

QUSA Holdings

As of Sep 20, 2026, 6:39 AM
Asset class
Stocks
Holdings
89
Top-10 weight
49%
Largest holding
MSFT6.0%

Geography

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMicrosoft Corp5.99%2,691$1M792
002AAPLApple Inc5.90%3,894$1M707
003NVDANVIDIA Corp5.71%5,690$1M828
004BRK-BBerkshire Hathaway Inc5.27%2,291$1M359
005CATCaterpillar Inc4.84%1,327$1M448
006AVGOBroadcom Inc4.63%2,875$1M732
007COSTCostco Wholesale Corp4.34%1,075$962K465
008KOCoca-Cola Co/The4.27%10,735$947K457
009METAMeta Platforms Inc4.22%1,405$935K683
010LLYEli Lilly & Co4.18%804$927K569
011WMTWalmart Inc4.11%8,542$912K462
012PGProcter & Gamble Co/The3.79%5,737$840K433
013NFLXNetflix Inc3.74%11,563$830K493
014LRCXLam Research Corp3.42%2,634$759K591
015VVisa Inc3.32%2,001$737K550

Showing 1–15 of 59 holdings

QUSA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

QUSA$10,465
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. QUSA $10,465. SPY $11,723. Use the arrow keys to read each point.$8,917$10,445$11,972Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QUSA. Periods over one year show the average yearly return.
PeriodQUSA
Year to date+9.9%
1 month+0.1%
3 months−0.0%
1 year+4.6%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QUSA
YearReturn barQUSA
2026 YTD+9.9%
2025+0.5%

Since listing, May 6, 2025

QUSA in the news

ETF.net Research hasn’t filed on QUSA yet — coverage lands here as it’s written.

QUSA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
15.33%Last 12 months
Payout per share
$2.76Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 16 payments from 2025 to 2026 YTD. May 27, 2025 $0.26; Jun 23, 2025 $0.25; Jul 28, 2025 $0.25; Aug 25, 2025 $0.25; Sep 29, 2025 $0.25; Oct 27, 2025 $0.24; Nov 24, 2025 $0.23; Dec 29, 2025 $0.23; Jan 26, 2026 $0.23; Feb 23, 2026 $0.23; Mar 30, 2026 $0.22; Apr 27, 2026 $0.23; May 26, 2026 $0.23; Jun 29, 2026 $0.23; Jul 27, 2026 $0.23; Aug 24, 2026 $0.23. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Aug 24, 2026Aug 25, 2026$0.23
Jul 27, 2026Jul 28, 2026$0.23
Jun 29, 2026Jun 30, 2026$0.23
May 26, 2026May 27, 2026$0.23
Apr 27, 2026Apr 28, 2026$0.23
Mar 30, 2026Mar 31, 2026$0.22
Feb 23, 2026Feb 24, 2026$0.23
Jan 26, 2026Jan 27, 2026$0.23
Dec 29, 2025Dec 30, 2025$0.23
Nov 24, 2025Nov 25, 2025$0.23
Oct 27, 2025Oct 28, 2025$0.24
Sep 29, 2025Sep 30, 2025$0.25

QUSA Risk

How much the fund’s monthly returns vary, scaled to a year.
10.1%
Annualised · 15 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.15
vs 3-month T-bills · 15 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−9.5%
16 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.59
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

QUSA Cost

Expense ratio0.95%
  • The middle half of Active Option Income funds
  • Median 0.95%

20 of the 47 Active Option Income funds charge less.

QUSA costs $95.00 a year on $10,000. The median Active Option Income fund costs $95.00.