diff --git a/devel/rubygem-traces/Makefile b/devel/rubygem-traces/Makefile
index 2203fdba9136..df57dc956013 100644
--- a/devel/rubygem-traces/Makefile
+++ b/devel/rubygem-traces/Makefile
@@ -1,18 +1,18 @@
 # Created by: Po-Chuan Hsieh <sunpoet@FreeBSD.org>
 
 PORTNAME=	traces
-PORTVERSION=	0.4.0
+PORTVERSION=	0.5.0
 CATEGORIES=	devel rubygems
 MASTER_SITES=	RG
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Application instrumentation and tracing
 
 LICENSE=	MIT
 
 USES=		gem
 USE_RUBY=	yes
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/rubygem-traces/distinfo b/devel/rubygem-traces/distinfo
index 649a8f3431e1..0cbc06395ad6 100644
--- a/devel/rubygem-traces/distinfo
+++ b/devel/rubygem-traces/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1652122543
-SHA256 (rubygem/traces-0.4.0.gem) = 80fd1a0ecedf81ef1f57c586612afce9080b3ed6858e29cd127ff80de05982d1
-SIZE (rubygem/traces-0.4.0.gem) = 11776
+TIMESTAMP = 1652537798
+SHA256 (rubygem/traces-0.5.0.gem) = 454b630b6a7790bec1f2fec47afd7f9d83e2c53442f8fa9848a33a14d947d965
+SIZE (rubygem/traces-0.5.0.gem) = 11776