VIDI

Vident International Equity Strategy ETF™

Asset Management

Investment Objectives

Vident’s proprietary investment philosophy is expressed through distinct fundamentals that we believe should be top of mind when it comes to investing. These fundamentals are woven through the construction of the Vident Core International Equity Index™ (VIEQX) and the Vident International Equity Strategy ETF™ that tracks it. The application of Vident’s investment methodology seeks to produce a portfolio with exposure to countries with faster economic growth potential, lower fundamental risk, and more favorable demographics relative to a traditional market capitalization-weighted international equity approach.

Fund Details

02/06/2026

Fund Details

VIDI

CUSIP

26922A404

Net Assets

$421,552,174.24

Total Fund Annual Operating Expenses

0.61%

Inception Date

10/29/2013

Shares Outstanding

11,400,000.00

Distribution Frequency

Quarterly

30-Day SEC Yield (as of 01/31/2026)

2.65%

12 Month Distribution Yield

3.88%

Market Price

$37.22

NAV

$36.98

Premium/Discount

0.65%

30-Day Median Bid-Ask Spread

0.25%

UNCERTAINTY & INSTABILITY

Well-diversified across developed and emerging economies, regions, countries, and stocks.

HUMAN PRODUCTIVITY

The strategy favors countries with better demographics and higher productivity.

LEADERSHIP & GOVERNANCE

The fund favors countries with lower government debt, lower government spending, higher savings, and better current account balances.

VALUATION

Capital is tilted toward countries at cheaper valuations and incorporates relative valuation in assessing and weighting companies within countries.

Fund Fact Sheet

Q4 2025

Fund Literature

Prospectus, SAI, Annual Report, Form N-PX

Factors

UNCERTAINTY & INSTABILITY
Balances diversification across developed and emerging economies, regions, and stocks, which we believe enhances the resiliency of the portfolio.

HUMAN PRODUCTIVITY
Utilizes metrics to emphasize countries with conditions we believe are suitable for investment and market resilience. Such conditions are defined as favorable demographics and a more productive working population.

GOVERNANCE
Overweights countries with strong governance factors. These factors assess the quality of country characteristics including lower government debt, lower government spending, and higher savings rates.

VALUATION
Stock selection within countries employs a bottom-up, multi-factor approach to enhance exposure to stocks with more reasonable valuations.

Total Returns

index	Month End Performance (As of 01/31/2026)	VIDI Nav Returns	VIDI Market Price Returns
0	Cumulative
1	1 Month	9.10%	8.69%
2	3 Month	14.03%	13.33%
3	Year To Date	9.10%	8.69%
4	Since Inception*	123.27%	121.33%
5	Average Annual
6	1 Year	51.11%	50.82%
7	3 Year	22.19%	21.77%
8	5 Year	13.29%	13.17%
9	10 Year	10.72%	10.58%
10	Since Inception*	6.77%	6.70%

index	Quarter End Performance (As of 12/31/2025)	VIDI Nav Returns	VIDI Market Price Returns
0	Cumulative
1	Quarter	7.62%	7.19%
2	Year To Date	42.72%	41.83%
3	Since Inception*	104.64%	103.63%
4	Average Annual
5	1 Year	42.72%	41.83%
6	3 Year	21.40%	21.38%
7	5 Year	11.46%	11.53%
8	10 Year	9.18%	9.27%
9	Since Inception*	6.06%	6.02%

*Fund Inception Date: 10/29/2013

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Short term performance is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

ETF Holdings

As of DATE

index	Name	Ticker	CUSIP or Other Identifier	Weight	Shares
0	WNC Corp /Taiwan	6285 TT	6682598	0.61%	465,000
1	Zhen Ding Technology Holding Ltd	4958 TT	B734XQ4	0.60%	440,000
2	Toyoda Gosei Co Ltd	7282 JP	6900557	0.58%	76,700
3	Aurubis AG	NDA GR	5485527	0.56%	12,086
4	Telenor ASA	TEL NO	4732495	0.56%	130,587
5	Vibra Energia SA	VBBR3 BZ	BPBLV81	0.56%	384,100
6	ORIENT OVERSEAS INTL	316 HK	6659116	0.55%	138,000
7	Alkermes PLC	ALKS	G01767105	0.55%	66,412
8	Chubb Ltd	CB	H1467J104	0.55%	7,027
9	Migdal Insurance & Financial Holdings Ltd	MGDL IT	6509062	0.55%	404,013
10	United Laboratories International Holdings Ltd/The	3933 HK	B1P70H9	0.54%	1,358,000
11	Koito Manufacturing Co Ltd	7276 JP	6496324	0.54%	136,300
12	FLSmidth & Co A/S	FLS DC	5263574	0.54%	24,150
13	Orkla ASA	ORK NO	B1VQF42	0.54%	181,396
14	Hanwha Corp	000880 KS	6496755	0.53%	28,829
15	Hyundai Glovis Co Ltd	086280 KS	B0V3XR5	0.53%	13,798
16	NSK Ltd	6471 JP	6641544	0.53%	287,900
17	Alps Alpine Co Ltd	6770 JP	6021500	0.53%	165,000
18	Aptiv PLC	APTV	G3265R107	0.53%	27,160
19	Astra International Tbk PT	ASII IJ	B800MQ5	0.53%	5,638,300
20	Baytex Energy Corp	BTE CN	B4VGVM3	0.53%	626,778
21	Cia de Saneamento de Minas Gerais Copasa MG	CSMG3 BZ	B0YBZJ2	0.53%	216,582
22	Equinor ASA	EQNR NO	7133608	0.53%	81,477
23	Garrett Motion Inc	GTX	366505105	0.53%	115,532
24	Hafnia Ltd	HAFNI NO	BSY3S84	0.53%	358,349
25	Hoegh Autoliners ASA	HAUTO NO	BMFDP24	0.53%	199,286
26	Magazine Luiza SA	MGLU3 BZ	B4975P9	0.53%	1,146,605
27	Mowi ASA	MOWI NO	B02L486	0.53%	95,090
28	ORLEN SA	PKN PW	5810066	0.53%	71,548
29	ZURICH INSURANCE GROUP AG	ZURN SW	5983816	0.53%	2,999
30	Pacific Basin Shipping Ltd	2343 HK	B01RQM3	0.52%	5,454,605
31	AUO Corp	2409 TT	6288190	0.52%	4,605,000
32	WH Group Ltd	288 HK	BLLHKZ1	0.52%	1,807,500
33	Yue Yuen Industrial Holdings Ltd	551 HK	6586537	0.52%	973,000
34	DNO ASA	DNO NO	B15GGN4	0.52%	1,386,528
35	Bouygues SA	EN FP	4002121	0.52%	38,630
36	iA Financial Corp Inc	IAG CN	BJ2ZH37	0.52%	17,336
37	ISS A/S	ISS DC	BKJ9RT5	0.52%	55,147
38	Deutsche Lufthansa AG	LHA GR	5287488	0.52%	202,836
39	Norwegian Air Shuttle ASA	NAS NO	7742123	0.52%	1,275,473
40	Old Mutual Ltd	OMU SJ	BDVPYN5	0.52%	2,218,553
41	Singapore Airlines Ltd	SIA SP	6811734	0.52%	419,700
42	Sun Life Financial Inc	SLF CN	2566124	0.52%	33,626
43	Sasol Ltd	SOL SJ	6777450	0.52%	311,250
44	Tiger Brands Ltd	TBS SJ	B0J4PP2	0.52%	99,260
45	TIM SA/Brazil	TIMS3 BZ	BN71RB6	0.52%	449,364
46	thyssenkrupp AG	TKA GR	5636927	0.52%	159,918
47	Vodafone Group PLC	VOD LN	BH4HKS3	0.52%	1,458,867
48	Yara International ASA	YAR NO	7751259	0.52%	46,786
49	KUNLUN ENERGY CO LTD	135 HK	6340078	0.51%	2,078,000
50	Hankook Tire & Technology Co Ltd	161390 KS	B7T5KQ0	0.51%	47,037
51	Embotelladora Andina SA	2311454	2311454	0.51%	401,891
52	Cathay Pacific Airways Ltd	293 HK	6179755	0.51%	1,344,000
53	Brother Industries Ltd	6448 JP	6146500	0.51%	102,800
54	Seiko Epson Corp	6724 JP	6616508	0.51%	162,000
55	Aisin Corp	7259 JP	6010702	0.51%	116,800
56	Citizen Watch Co Ltd	7762 JP	6197304	0.51%	239,500
57	AGL Energy Ltd	AGL AU	BSS7GP5	0.51%	340,002
58	AKER BP ASA	AKRBP NO	B1L95G3	0.51%	78,149
59	Cencosud SA	CENCOSUD CI	B00R3L2	0.51%	599,467
60	DNB Bank ASA	DNB NO	BNG7113	0.51%	72,199
61	Israel Discount Bank Ltd	DSCT IT	6451271	0.51%	177,043
62	Genting Singapore Ltd	GENS SP	BDRTVP2	0.51%	3,668,300
63	IHH Healthcare Bhd	IHH MK	B83X6P8	0.51%	961,500
64	Malayan Banking Bhd	MAY MK	6556325	0.51%	712,300
65	Manulife Financial Corp	MFC CN	2492519	0.51%	56,858
66	Magna International Inc	MG CN	2554475	0.51%	39,642
67	Norsk Hydro ASA	NHY NO	B11HK39	0.51%	236,915
68	Novartis AG	NOVN SW	7103065	0.51%	13,961
69	ROCKWOOL A/S	ROCKB DC	BRJCHK4	0.51%	60,921
70	Storebrand ASA	STB NO	4852832	0.51%	119,800
71	United Tractors Tbk PT	UNTR IJ	6230845	0.51%	1,383,500
72	Korea Electric Power Corp	015760 KS	6495730	0.50%	50,698
73	CK Hutchison Holdings Ltd	1 HK	BW9P816	0.50%	253,500
74	TCL Electronics Holdings Ltd	1070 HK	6193788	0.50%	1,319,000
75	Cathay Financial Holding Co Ltd	2882 TT	6425663	0.50%	875,000
76	China Taiping Insurance Holdings Co Ltd	966 HK	6264048	0.50%	667,600
77	AMMB Holdings Bhd	AMM MK	6047023	0.50%	1,253,700
78	Credicorp Ltd	BAP	G2519Y108	0.50%	5,950
79	Bank Negara Indonesia Persero Tbk PT	BBNI IJ	6727121	0.50%	7,893,500
80	El Al Israel Airlines	ELAL IT	6632140	0.50%	365,646
81	Telefonaktiebolaget LM Ericsson	ERICB SS	5959378	0.50%	188,875
82	Falabella SA	FALAB CI	2771672	0.50%	274,780
83	Jazz Pharmaceuticals PLC	JAZZ	G50871105	0.50%	12,622
84	Latam Airlines Group SA	LTM CI	2518932	0.50%	64,113,483
85	Bank Leumi Le-Israel BM	LUMI IT	6076425	0.50%	86,042
86	AP Moller - Maersk A/S	MAERSKB DC	4253048	0.50%	873
87	Oversea-Chinese Banking Corp Ltd	OCBC SP	B0F9V20	0.50%	125,000
88	ORANGE S.A.	ORA FP	5176177	0.50%	108,778
89	RWE AG	RWE GR	4768962	0.50%	33,517
90	SD Guthrie Bhd	SDG MK	BF6RHY2	0.50%	1,435,900
91	Telekom Malaysia Bhd	T MK	6868398	0.50%	1,050,800
92	United Overseas Bank Ltd	UOB SP	6916781	0.50%	69,619
93	Telefonica Brasil SA	VIVT3 BZ	B6XFBX3	0.50%	285,446
94	Kia Corp	000270 KS	6490928	0.49%	19,925
95	Samsung Electronics Co Ltd	005930 KS	6771720	0.49%	19,177
96	LG Electronics Inc	066570 KS	6520739	0.49%	30,288
97	People's Insurance Co Group of China Ltd/The	1339 HK	B8RZJZ1	0.49%	2,450,000
98	Kingboard Holdings Ltd	148 HK	6491318	0.49%	523,000
99	Hannstar Board Corp	5469 TT	6328933	0.49%	697,000
100	AerCap Holdings NV	AER	N00985106	0.49%	14,726
101	Banco Comercial Portugues SA	BCP PL	BZCNN35	0.49%	1,925,369
102	Bank of Ireland Group PLC	BIRG ID	BD1RP61	0.49%	102,768
103	Kumba Iron Ore Ltd	KIO SJ	B1G4262	0.49%	88,562
104	NKT A/S	NKT DC	7106354	0.49%	15,965
105	NatWest Group PLC	NWG LN	BM8PJY7	0.49%	230,754
106	PTT Oil & Retail Business PCL	OR-R TB	BN73M62	0.49%	4,695,900
107	RBH BANK BHD	RHBBANK MK	6244675	0.49%	995,700
108	Seatrium Ltd	STM SP	BNZKZY4	0.49%	1,281,300
109	Wilmar International Ltd	WIL SP	B17KC69	0.49%	765,100
110	Simplo Technology Co Ltd	6121 TT	6421928	0.48%	190,822
111	Bavarian Nordic A/S	BAVA DC	5564619	0.48%	66,525
112	Cemex SAB de CV	CEMEXCPO MM	2406457	0.48%	1,653,834
113	DBS Group Holdings Ltd	DBS SP	6175203	0.48%	43,740
114	KRUNG THAI BNK LTD THB5.15(NVDR)	KTB-R TB	6361466	0.48%	2,266,800
115	LG Uplus Corp	032640 KS	6290902	0.47%	187,515
116	Compal Electronics Inc	2324 TT	6225744	0.47%	2,059,000
117	D/S Norden A/S	DNORD DC	B1WP656	0.47%	46,967
118	Holcim AG	HOLN SW	7110753	0.47%	20,232
119	Swissquote Group Holding SA	SQN SW	B1X3KP7	0.47%	3,636
120	Singapore Telecommunications Ltd	ST SP	B02PY11	0.47%	535,200
121	voestalpine AG	VOE AV	4943402	0.47%	39,572
122	Zealand Pharma A/S	ZEAL DC	B0SDJB4	0.47%	30,996
123	HD Korea Shipbuilding & Offshore Engineering Co Ltd	009540 KS	6446620	0.46%	7,179
124	Hyundai Mobis Co Ltd	012330 KS	6449544	0.46%	6,659
125	Samsung SDS Co Ltd	018260 KS	BRS2KY0	0.46%	17,341
126	Johnson Electric Holdings Ltd	179 HK	BP4JH17	0.46%	582,500
127	HD Hyundai Co Ltd	267250 KS	BD4HFT1	0.46%	12,066
128	Bayer AG	BAYN GR	5069211	0.46%	36,007
129	Banca Monte dei Paschi di Siena SpA	BMPS IM	BK93RS6	0.46%	183,677
130	easyJet PLC	EZJ LN	B7KR2P8	0.46%	292,826
131	Leroy Seafood Group ASA	LSG NO	4691916	0.46%	386,547
132	OceanaGold Corp	OGC CN	BQXQY26	0.46%	56,607
133	Power Corp of Canada	POW CN	2697701	0.46%	41,406
134	Regis Resources Ltd	RRL AU	6476542	0.46%	363,217
135	J Sainsbury PLC	SBRY LN	B019KW7	0.46%	424,039
136	SSAB AB	SSABB SS	B17H3F6	0.46%	227,960
137	Thai Airways International PCL	THAI-R TB	6364971	0.46%	9,259,900
138	LG Display Co Ltd	034220 KS	B01VZN9	0.45%	248,330
139	Sigurd Microelectronics Corp	6257 TT	6672964	0.45%	498,000
140	Ambev SA	ABEV3 BZ	BG7ZWY7	0.45%	636,998
141	Alamtri Resources Indonesia Tbk PT	ADRO IJ	B3BQFC4	0.45%	15,511,000
142	Centerra Gold Inc	CG CN	B01NXQ4	0.45%	108,874
143	Embracer Group AB	EMBRACB SS	BTHW926	0.45%	365,428
144	Fortuna Mining Corp	FVI CN	BPLQGB4	0.45%	183,257
145	Genmab A/S	GMAB DC	4595739	0.45%	6,136
146	KASIKORNBANK PLC THB10 (NVDR)	KBANK-R TB	6364766	0.45%	317,700
147	LG Innotek Co Ltd	011070 KS	B39Z8G8	0.44%	11,798
148	Innolux Corp	3481 TT	B0CC0M5	0.44%	2,704,000
149	KONINKLIJKE AHOLD DELHAIZE NV	AD NA	BD0Q398	0.44%	45,137
150	Nokia Oyj	NOKIA FH	5902941	0.44%	264,943
151	Ramelius Resources Ltd	RMS AU	6586872	0.44%	616,682
152	Tryg A/S	TRYG DC	BXDZ972	0.44%	75,423
153	UOL Group Ltd	UOL SP	6916844	0.44%	214,500
154	Mobvista Inc	1860 HK	BHR7002	0.43%	1,087,000
155	PGE Polska Grupa Energetyczna SA	PGE PW	B544PW9	0.43%	654,603
156	Perseus Mining Ltd	PRU AU	B02FBC1	0.43%	483,336
157	Vestas Wind Systems A/S	VWS DC	BN4MYF5	0.43%	69,623
158	Cash & Other	Cash&Other	Cash&Other	0.43%	1,821,762
159	WT Microelectronics Co Ltd	3036 TT	6290991	0.42%	367,000
160	Aegon Ltd	AGN NA	BPH0Y27	0.42%	222,665
161	Cogna Educacao SA	COGN3 BZ	BHNWPB7	0.42%	2,429,282
162	Jyske Bank A/S	JYSK DC	B0386J1	0.42%	11,342
163	Air Canada	AC CN	BSDHYK1	0.41%	111,065
164	MISC Bhd	MISC MK	6557997	0.41%	847,100
165	Qantas Airways Ltd	QAN AU	6710347	0.41%	242,257
166	ICON PLC	ICLR	G4705A100	0.40%	11,327
167	China Airlines Ltd	2610 TT	6189657	0.39%	2,292,000
168	GN Store Nord AS	GN DC	4501093	0.39%	104,693
169	TMBThanachart Bank PCL	TTB-R TB	6365145	0.39%	26,456,800
170	KT Corp	030200 KS	6505316	0.38%	42,259
171	Country Garden Services Holdings Co Ltd	6098 HK	BDQZP48	0.38%	1,938,000
172	Adecco Group AG	ADEN SW	7110720	0.38%	53,795
173	Aneka Tambang Tbk	ANTM IJ	6053859	0.38%	7,315,600
174	Coca-Cola HBC AG	CCH LN	B9895B7	0.38%	27,319
175	Continental AG	CON GR	4598589	0.38%	19,281
176	Endeavour Mining PLC	EDV CN	BN7KJJ5	0.38%	27,610
177	Parex Resources Inc	PXT CN	B575D14	0.38%	103,544
178	Telkom Indonesia Persero Tbk PT	TLKM IJ	BD4T6W7	0.38%	7,978,200
179	United Microelectronics Corp	2303 TT	6916628	0.37%	794,000
180	Evergreen Marine Corp Taiwan Ltd	2603 TT	6324500	0.37%	266,000
181	Taiwan Surface Mounting Technology Corp	6278 TT	6740140	0.37%	509,000
182	Cia Energetica de Minas Gerais	CMIG4 BZ	B1YBRG0	0.37%	708,853
183	H Lundbeck A/S	HLUNB DC	BMGTJT6	0.37%	264,196
184	Volvo Car AB	VOLCARB SS	BRS7SK7	0.37%	612,120
185	Worley Ltd	WOR AU	6562474	0.37%	175,815
186	Yancoal Australia Ltd	YAL AU	B84LB45	0.37%	372,755
187	China Resources Pharmaceutical Group Ltd	3320 HK	BYNGG26	0.34%	2,469,500
188	CIMB Group Holdings Bhd	CIMB MK	6075745	0.34%	669,800
189	Kingfisher PLC	KGF LN	3319521	0.34%	302,595
190	SATS Ltd	SATS SP	6243586	0.34%	477,600
191	Wan Hai Lines Ltd	2615 TT	6932334	0.33%	592,000
192	Whitehaven Coal Ltd	WHC AU	B1XQXC4	0.33%	224,805
193	BANCO BILBAO VIZCAYA	BBVA SM	5501906	0.32%	56,710
194	Arcadyan Technology Corp	3596 TT	B28SKW1	0.31%	230,000
195	Konica Minolta Inc	4902 JP	6496700	0.31%	329,600
196	Primax Electronics Ltd	4915 TT	B5M70F8	0.30%	499,000
197	iFAST Corp Ltd	IFAST SP	BTDY3B3	0.30%	165,900
198	DCC PLC	DCC LN	0242493	0.29%	18,483
199	Venture Corp Ltd	VMS SP	6927374	0.29%	95,900
200	Avolta AG	AVOL SW	B0R80X9	0.28%	18,355
201	ComfortDelGro Corp Ltd	CD SP	6603737	0.28%	1,004,700
202	Forvia SE	FRVIA FP	4400446	0.28%	71,516
203	Indokripto Koin Semesta Tbk PT	COIN IJ	BV6GGR7	0.27%	10,473,900
204	Fresenius Medical Care AG	FME GR	5129074	0.27%	23,497
205	Carrefour SA	CA FP	5641567	0.26%	63,385
206	Talanx AG	TLX GR	B8F0TD6	0.25%	8,188
207	Signify NV	LIGHT NA	BYY7VY5	0.24%	42,683
208	Centrica PLC	CNA LN	B033F22	0.23%	379,720
209	K+S AG	SDF GR	B54C017	0.23%	58,739
210	BANGKOK BANK THB10 (NVDR)	BBL-R TB	6368360	0.21%	180,100
211	Nippon Shinyaku Co Ltd	4516 JP	6640563	0.19%	25,100
212	Banco Bradesco SA	BBDC4 BZ	B00FM53	0.19%	206,450
213	Gjensidige Forsikring ASA	GJF NO	B4PH0C5	0.19%	27,662
214	Yangzijiang Maritime Development Ltd	8YZ SP	BVSYC71	0.18%	1,765,300
215	Danske Bank A/S	DANSKE DC	4588825	0.17%	13,356
216	Freenet AG	FNTN GR	B1SK0S6	0.16%	17,520
217	U.S. Bank Money Market Deposit Account 06/01/2031	USBFS03	8AMMF0A84	0.16%	657,483
218	Jardine Cycle & Carriage Ltd	JCNC SP	6242260	0.14%	22,700
219	Banco Santander Chile	BSAN CI	2000257	0.13%	5,789,632
220	Plus500 Ltd	PLUS LN	BBT3PS9	0.13%	8,962
221	HelloFresh SE	HFG GR	BYWH8S0	0.12%	67,924
222	Perrigo Co PLC	PRGO	G97822103	0.12%	34,069
223	Ageas SA/NV	AGS BB	B86S2N0	0.11%	6,227
224	SWATCH GROUP CHF2.25(BR)	UHR SW	7184725	0.11%	1,906
225	Inmode Ltd	INMD	M5425M103	0.10%	27,624
226	Alior Bank SA	ALR PW	B8W8F13	0.08%	9,448
227	CaixaBank SA	CABK SM	B283W97	0.08%	26,700
228	Proximus SADP	PROX BB	B00D9P6	0.08%	34,230
229	STMicroelectronics NV	STMM S4	5962343	0.08%	11,648
230	TUI AG	TUI1 GR	BNC3GJ8	0.08%	31,201
231	Mapfre SA	MAP SM	B1G40S0	0.07%	65,931
232	Bank Rakyat Indonesia Persero Tbk PT	BBRI IJ	6709099	0.06%	1,132,100
233	Roche Holding AG	ROG SW	7110388	0.06%	575
234	Schaeffler AG	SHA0 GR	BV5F6V9	0.06%	21,932
235	Telecom Italia SpA/Milano	TIT IM	7634394	0.05%	274,613
236	Allianz SE	ALV GR	5231485	0.04%	398
237	CHILEAN PESO	CLP	CASHCLP	0.04%	139,403,346
238	Suedzucker AG	SZU GR	5784462	0.04%	13,969
239	NongShim Co Ltd	004370 KS	6638115	0.03%	425
240	Swisscom AG	SCMN SW	5533976	0.02%	79
241	BRAZILIAN REAL	BRL	CASHBRL	0.00%	112
242	Severstal PAO	SVST LI	B1G4YH7	0.00%	24,074
243	SOUTH AFRICAN RAND	ZAR	CASHZAR	0.00%	-5

ETF holdings and allocations are subject to change and should not be considered a recommendation to buy or sell any security.

index		Calendar Year 2025	First Quarter 2026
0	Days traded at premium	69	9
1	Days traded at NAV	2	0
2	Days traded at discount	180	16

Country Allocation

As of DATE

index	Country	Weight
0	Korea, Republic Of	7.05%
1	Taiwan, Province Of China	6.79%
2	Singapore	6.77%
3	Hong Kong	6.28%
4	Denmark	6.02%
5	Japan	5.93%
6	Norway	5.14%
7	Switzerland	5.03%
8	Canada	4.87%
9	Brazil	4.50%
10	Germany	4.30%
11	Malaysia	4.19%
12	Australia	3.94%
13	Ireland	3.07%
14	Indonesia	3.00%
15	United Kingdom	2.47%
16	South Africa	2.27%
17	Israel	2.14%
18	Mexico	1.85%
19	Sweden	1.74%
20	Netherlands	1.73%
21	Thailand	1.60%
22	Poland	1.38%
23	Spain	1.34%
24	Chile	1.27%
25	France	1.05%
26	Finland	1.03%
27	China	0.73%
28	Austria	0.65%
29	Portugal	0.58%
30	Peru	0.54%
31	Italy	0.47%
32	Belgium	0.21%
33	United States	0.07%
34	Russian Federation	0%

Sector Breakdown

As of DATE

index	Name	Weight
0	Financials	19.77%
1	Industrials	17.20%
2	Consumer Discretionary	12.12%
3	Information Technology	11.23%
4	Materials	9.19%
5	Communication Services	6.73%
6	Consumer Staples	6.71%
7	Health Care	6.45%
8	Energy	5.83%
9	Utilities	3.77%
10	Real Estate	0.93%
11	Money Market Deposit Account	0.07%

Currency

As of DATE

index	Currency	Abbr.	Weight
0	European euro	EUR	11.43%
1	Hong Kong dollar	HKD	8.36%
2	South Korean won	KRW	7.05%
3	New Taiwan dollar	TWD	6.27%
4	Danish krone	DKK	6.02%
5	Japanese yen	JPY	5.93%
6	Norwegian krone	NOK	5.57%
7	Singapore dollar	SGD	5.52%
8	United States dollar	USD	5.13%
9	Canadian dollar	CAD	4.87%
10	Brazilian real	BRL	4.50%
11	Malaysian ringgit	MYR	4.19%
12	Australian dollar	AUD	3.94%
13	Swiss franc	CHF	3.49%
14	Pound sterling	GBP	3.25%
15	Indonesian rupiah	IDR	3.00%
16	South African rand	ZAR	2.27%
17	Mexican peso	MXN	1.85%
18	Swedish krona	SEK	1.74%
19	Thai baht	THB	1.60%
20	Polish zloty	PLN	1.38%
21	Israeli new shekel	ILS	1.37%
22	Chilean peso	CLP	1.27%

index	Ex-Dividend Date	Income
0	12/17/2025	0.676340430
1	09/17/2025	0.298263220
2	06/17/2025	0.456116300
3	03/18/2025	0.005460650
4	12/17/2024	0.773373150
5	09/17/2024	0.052680070
6	06/11/2024	0.400041780
7	12/15/2023	0.484469620
8	09/12/2023	0.016545610
9	06/13/2023	0.468253050
10	03/14/2023	0.05018198
11	12/16/2022	0.54611046
12	09/13/2022	0.0401398
13	06/14/2022	0.59136613
14	03/15/2022	0.0861547
15	12/17/2021	0.6960708
16	09/14/2021	0.08867022
17	06/15/2021	0.38456025
18	03/16/2021	0.05690819
19	12/18/2020	0.41009222
20	09/15/2020	0.00636333
21	06/16/2020	0.176146
22	03/17/2020	0.02862167
23	12/19/2019	0.41653604
24	09/17/2019	0.01474441
25	06/18/2019	0.33719141
26	03/19/2019	0.07513791
27	12/19/2018	0.25124241
28	09/18/2018	0.03695871
29	06/19/2018	0.28887763
30	03/20/2018	0.05248988
31	12/21/2017	0.28315053
32	09/19/2017	0.03151351
33	06/13/2017	0.24217129
34	03/14/2017	0.06327309
35	12/23/2016	0.21116371
36	09/13/2016	0.02585805
37	06/14/2016	0.13670606
38	03/15/2016	0.03921342
39	12/29/2015	0.17190728
40	09/22/2015	0.03716867
41	06/16/2015	0.21561925
42	03/17/2015	0.02757716
43	09/16/2014	0.18999052
44	06/17/2014	0.27086202
45	03/18/2014	0.09765057
46	12/17/2013	0.02078743

Case Study

Pioneering the Crypto Frontier: The Successful Launch of Valkyrie’s Bitcoin Futures ETF

Case Study

Pioneering the Crypto Frontier: The Successful Launch of Valkyrie’s Bitcoin Futures ETF

VIDI

Asset Management

Investment Objectives

Fund Details

Fund Details

VIDI

CUSIP

26922A404

Net Assets

$421,552,174.24

Total Fund Annual Operating Expenses

0.61%

Inception Date

10/29/2013

Shares Outstanding

11,400,000.00

Distribution Frequency

Quarterly

30-Day SEC Yield (as of 01/31/2026)

2.65%

12 Month Distribution Yield

3.88%

Market Price

$37.22

NAV

$36.98

Premium/Discount

0.65%

30-Day Median Bid-Ask Spread

0.25%

UNCERTAINTY & INSTABILITY

HUMAN PRODUCTIVITY

LEADERSHIP & GOVERNANCE

VALUATION

Fund Fact Sheet

Fund Literature

Factors

Total Returns

ETF Holdings

Country Allocation

Sector Breakdown

Currency

Distribution History