v3.26.1
Performance Management
Aug. 05, 2026
TrueShares Quarterly Bull Hedge ETF  
Prospectus [Line Items]  
Bar Chart and Performance Table [Heading] Performance
Performance Narrative [Text Block]

The following performance information indicates some of the risks of investing in the Fund. The table shows the Fund’s average annual total return over time compared to one or more broad measures of market performance. Both the bar chart and table assume that all dividends and distributions are reinvested in the Fund. The Fund’s past performance (before and after taxes) may not indicate future results.

 

Updated performance information is available on the Fund’s website at www.True-Shares.com (the website does not form a part of this prospectus) or at no charge by calling the Fund’s Distributor at 1.877.774.TRUE (8783).

 

 

Performance Past Does Not Indicate Future [Text] The Fund’s past performance (before and after taxes) may not indicate future results.
Performance Information Illustrates Variability of Returns [Text] The following performance information indicates some of the risks of investing in the Fund. The table shows the Fund’s average annual total return over time compared to one or more broad measures of market performance.
Bar Chart [Heading] Annual Total Returns (For the Calendar Year ended 12/31)
Bar Chart [Table]

Years Returns
2025

 

 

Bar Chart Closing [Text Block]
  Return   Quarter/Year
Highest Return 2.68%   Q3/2025
Lowest Return -0.73%   Q4/2025

 

Highest Quarterly Return, Label [Optional Text] Highest Return
Highest Quarterly Return 2.68%
Highest Quarterly Return, Date Sep. 30, 2025
Lowest Quarterly Return, Label [Optional Text] Lowest Return
Lowest Quarterly Return (0.73%)
Lowest Quarterly Return, Date Dec. 31, 2025
Performance Table Heading Average Annual Total Returns (for the periods ended December 31, 2025)
Performance Table Uses Highest Federal Rate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred The after-tax return information shown above does not apply to Fund shares held through tax-deferred or tax-exempt arrangements such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance [Table]
Average Annual Total Returns (for the periods ended December 31, 2025)      
  1 Year   Since Inception
(June 28, 2024)
Returns before taxes 4.53%   3.46%
Returns after taxes on distributions 1.03%   0.67%
Returns after taxes on distributions and sale of Fund shares 2.69%   1.48%
S&P 500 Total Return Index (reflects no deduction for fees, expenses or taxes) 17.88%   17.66%

 

Index No Deduction for Fees, Expenses, or Taxes [Text] (reflects no deduction for fees, expenses or taxes)
Performance Table Closing [Text Block]

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on your tax situation and may differ from those shown in the preceding table. The after-tax return information shown above does not apply to Fund shares held through tax-deferred or tax-exempt arrangements such as 401(k) plans or individual retirement accounts (“IRAs”).

 

Performance Availability Website Address [Text] www.True-Shares.com
Performance Availability Phone [Text] 1.877.774.TRUE (8783)
TrueShares Quarterly Bear Hedge ETF  
Prospectus [Line Items]  
Bar Chart and Performance Table [Heading] Performance
Performance Narrative [Text Block]

The following performance information indicates some of the risks of investing in the Fund. The table shows the Fund’s average annual total return over time compared to one or more broad measures of market performance. Both the bar chart and table assume that all dividends and distributions are reinvested in the Fund. The Fund’s past performance (before and after taxes) may not indicate future results.

 

Updated performance information is available on the Fund’s website at www.True-Shares.com (the website does not form a part of this prospectus) or at no charge by calling the Fund’s Distributor at 1.877.774.TRUE (8783).

 

Performance Past Does Not Indicate Future [Text] The Fund’s past performance (before and after taxes) may not indicate future results.
Performance Information Illustrates Variability of Returns [Text] The following performance information indicates some of the risks of investing in the Fund. The table shows the Fund’s average annual total return over time compared to one or more broad measures of market performance.
Bar Chart [Heading] Annual Total Returns (For the Calendar Year ended 12/31)
Bar Chart [Table]

Years Returns
2025

 

 

Bar Chart Closing [Text Block]
  Return   Quarter/Year
Highest Return 0.16%   Q1/2025
Lowest Return -0.23%   Q4/2025

 

Highest Quarterly Return, Label [Optional Text] Highest Return
Highest Quarterly Return 0.16%
Highest Quarterly Return, Date Mar. 31, 2025
Lowest Quarterly Return, Label [Optional Text] Lowest Return
Lowest Quarterly Return (0.23%)
Lowest Quarterly Return, Date Dec. 31, 2025
Performance Table Heading Average Annual Total Returns (for the periods ended December 31, 2025)
Performance Table Uses Highest Federal Rate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred The after-tax return information shown above does not apply to Fund shares held through tax-deferred or tax-exempt arrangements such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance [Table]
Average Annual Total Returns (for the periods ended December 31, 2025)      
  1 Year   Since Inception
(June 28, 2024)
Returns before taxes -0.27%   -0.11%
Returns after taxes on distributions -1.56%   -1.33%
Returns after taxes on distributions and sale of Fund shares -0.16%   -0.59%
S&P 500 Total Return Index (reflects no deduction for fees, expenses or taxes) 17.88%   17.66%

 

 

Index No Deduction for Fees, Expenses, or Taxes [Text] (reflects no deduction for fees, expenses or taxes)
Performance Table Closing [Text Block]

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on your tax situation and may differ from those shown in the preceding table. The after-tax return information shown above does not apply to Fund shares held through tax-deferred or tax-exempt arrangements such as 401(k) plans or individual retirement accounts (“IRAs”).

 

Performance Availability Website Address [Text] www.True-Shares.com
Performance Availability Phone [Text] 1.877.774.TRUE (8783)