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

11/07/2025

Fund Details

VIDI

CUSIP

26922A404

Net Assets

$389,189,919.98

Total Fund Annual Operating Expenses

0.61%

Inception Date

10/29/2013

Shares Outstanding

11,800,000.00

Distribution Frequency

Quarterly

30-Day SEC Yield (as of 10/31/2025)

3.11%

12 Month Distribution Yield

4.65%

Market Price

$32.96

NAV

$32.98

Premium/Discount

-0.07%

30-Day Median Bid-Ask Spread

0.36%

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

Q3 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 10/31/2025)	VIDI Nav Returns	VIDI Market Price Returns
0	Cumulative
1	1 Month	2.96%	2.80%
2	3 Month	11.65%	12.19%
3	Year To Date	36.56%	36.03%
4	Since Inception*	95.79%	95.31%
5	Average Annual
6	1 Year	34.60%	34.67%
7	3 Year	24.05%	23.97%
8	5 Year	15.42%	15.42%
9	10 Year	8.24%	8.31%
10	Since Inception*	5.76%	5.73%

index	Quarter End Performance (As of 09/30/2025)	VIDI Nav Returns	VIDI Market Price Returns
0	Cumulative
1	Quarter	10.04%	9.55%
2	Year To Date	32.62%	32.32%
3	Since Inception*	90.15%	89.98%
4	Average Annual
5	1 Year	24.80%	25.82%
6	3 Year	24.02%	24.35%
7	5 Year	14.24%	14.20%
8	10 Year	8.67%	8.69%
9	Since Inception*	5.54%	5.53%

*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	Kioxia Holdings Corp	285A JP	BMGYJ02	2.19%	108,400
1	Mobvista Inc	1860 HK	BHR7002	0.98%	1,713,000
2	Volvo Car AB	VOLCARB SS	BRS7SK7	0.79%	863,798
3	OceanaGold Corp	OGC CN	BQXQY26	0.78%	127,965
4	Nokia Oyj	NOKIA FH	5902941	0.67%	386,687
5	Johnson Electric Holdings Ltd	179 HK	BP4JH17	0.65%	555,000
6	Minth Group Ltd	425 HK	B0RJCG9	0.65%	518,000
7	Perseus Mining Ltd	PRU AU	B02FBC1	0.63%	789,591
8	Aisin Corp	7259 JP	6010702	0.62%	132,800
9	Samsung Electronics Co Ltd	005930 KS	6771720	0.61%	35,268
10	Garrett Motion Inc	GTX	366505105	0.61%	135,384
11	Industrias Penoles SAB de CV	PE&OLES* MM	2448200	0.61%	60,160
12	L&K Engineering Co Ltd	6139 TT	6432607	0.60%	153,000
13	Ramelius Resources Ltd	RMS AU	6586872	0.60%	1,056,834
14	Toyo Tire Corp	5105 JP	6900182	0.59%	82,800
15	TIM SA/Brazil	TIMS3 BZ	BN71RB6	0.59%	505,914
16	Zhen Ding Technology Holding Ltd	4958 TT	B734XQ4	0.58%	451,000
17	Alkermes PLC	ALKS	G01767105	0.58%	68,624
18	Seibu Holdings Inc	9024 JP	BKY6H35	0.57%	64,500
19	Astra International Tbk PT	ASII IJ	B800MQ5	0.57%	5,749,400
20	Genmab A/S	GMAB DC	4595739	0.57%	7,684
21	IHH Healthcare Bhd	IHH MK	B83X6P8	0.57%	1,128,100
22	Vibra Energia SA	VBBR3 BZ	BPBLV81	0.56%	470,803
23	Vestas Wind Systems A/S	VWS DC	BN4MYF5	0.56%	92,467
24	Alps Alpine Co Ltd	6770 JP	6021500	0.55%	165,900
25	Aptiv PLC	APTV	G3265R107	0.55%	25,700
26	Cemex SAB de CV	CEMEXCPO MM	2406457	0.55%	2,105,388
27	Magazine Luiza SA	MGLU3 BZ	B4975P9	0.55%	1,398,784
28	NKT A/S	NKT DC	7106354	0.55%	19,621
29	Pacific Basin Shipping Ltd	2343 HK	B01RQM3	0.54%	6,049,605
30	AerCap Holdings NV	AER	N00985106	0.54%	15,846
31	Exxaro Resources Ltd	EXX SJ	6418801	0.54%	195,384
32	Jyske Bank A/S	JYSK DC	B0386J1	0.54%	17,786
33	ORLEN SA	PKN PW	5810066	0.54%	78,539
34	Power Corp of Canada	POW CN	2697701	0.54%	43,916
35	Telkom Indonesia Persero Tbk PT	TLKM IJ	BD4T6W7	0.54%	10,125,600
36	Yue Yuen Industrial Holdings Ltd	551 HK	6586537	0.53%	1,091,500
37	El Al Israel Airlines	ELAL IT	6632140	0.53%	448,459
38	Magna International Inc	MG CN	2554475	0.53%	41,643
39	Banco Santander SA	SAN SM	5705946	0.53%	201,631
40	TE Connectivity PLC	TEL	G87052109	0.53%	8,465
41	UOL Group Ltd	UOL SP	6916844	0.53%	332,800
42	Sigurd Microelectronics Corp	6257 TT	6672964	0.52%	658,000
43	AMMB Holdings Bhd	AMM MK	6047023	0.52%	1,464,500
44	Cia de Saneamento de Minas Gerais Copasa MG	CSMG3 BZ	B0YBZJ2	0.52%	288,104
45	Fresenius SE & Co KGaA	FRE GR	4352097	0.52%	36,800
46	Finning International Inc	FTT CN	2339177	0.52%	39,693
47	Jazz Pharmaceuticals PLC	JAZZ	G50871105	0.52%	15,288
48	J Sainsbury PLC	SBRY LN	B019KW7	0.52%	436,580
49	Tiger Brands Ltd	TBS SJ	B0J4PP2	0.52%	107,119
50	Telefonica Brasil SA	VIVT3 BZ	B6XFBX3	0.52%	324,080
51	HD Korea Shipbuilding & Offshore Engineering Co Ltd	009540 KS	6446620	0.51%	7,016
52	Tripod Technology Corp	3044 TT	6305721	0.51%	194,000
53	Banco Comercial Portugues SA	BCP PL	BZCNN35	0.51%	2,232,740
54	Old Mutual Ltd	OMU SJ	BDVPYN5	0.51%	2,540,142
55	RWE AG	RWE GR	4768962	0.51%	40,410
56	Singapore Telecommunications Ltd	ST SP	B02PY11	0.51%	559,900
57	United Tractors Tbk PT	UNTR IJ	6230845	0.51%	1,197,700
58	SBI Holdings Inc	8473 JP	6309466	0.50%	44,400
59	Credicorp Ltd	BAP	G2519Y108	0.50%	7,541
60	Hafnia Ltd	HAFNI NO	BSY3S84	0.50%	314,839
61	Holcim AG	HOLN SW	7110753	0.50%	22,290
62	ISS A/S	ISS DC	BKJ9RT5	0.50%	60,193
63	Bank Leumi Le-Israel BM	LUMI IT	6076425	0.50%	94,099
64	Norsk Hydro ASA	NHY NO	B11HK39	0.50%	285,230
65	Novartis AG	NOVN SW	7103065	0.50%	15,400
66	RBH BANK BHD	RHBBANK MK	6244675	0.50%	1,194,100
67	Tesco PLC	TSCO LN	BLGZ986	0.50%	311,945
68	BOC Hong Kong Holdings Ltd	2388 HK	6536112	0.49%	382,000
69	Chubb Ltd	CB	H1467J104	0.49%	6,665
70	DBS Group Holdings Ltd	DBS SP	6175203	0.49%	45,040
71	Kingfisher PLC	KGF LN	3319521	0.49%	469,431
72	ORANGE S.A.	ORA FP	5176177	0.49%	116,729
73	Telekom Malaysia Bhd	T MK	6868398	0.49%	1,110,900
74	NongShim Co Ltd	004370 KS	6638115	0.48%	6,405
75	WT Microelectronics Co Ltd	3036 TT	6290991	0.48%	387,000
76	China Taiping Insurance Holdings Co Ltd	966 HK	6264048	0.48%	792,000
77	Bank Negara Indonesia Persero Tbk PT	BBNI IJ	6727121	0.48%	6,878,600
78	iA Financial Corp Inc	IAG CN	BJ2ZH37	0.48%	16,194
79	KPJ Healthcare Bhd	KPJ MK	6493585	0.48%	2,906,400
80	Latam Airlines Group SA	LTM CI	2518932	0.48%	86,095,461
81	Malayan Banking Bhd	MAY MK	6556325	0.48%	785,800
82	Singapore Exchange Ltd	SGX SP	6303866	0.48%	144,500
83	Storebrand ASA	STB NO	4852832	0.48%	121,641
84	Stellantis NV	STLAM IM	BMD8KX7	0.48%	184,059
85	DB Insurance Co Ltd	005830 KS	6155937	0.47%	19,090
86	LG Uplus Corp	032640 KS	6290902	0.47%	171,397
87	VSTECS Holdings Ltd	856 HK	6527031	0.47%	1,590,000
88	KONINKLIJKE AHOLD DELHAIZE NV	AD NA	BD0Q398	0.47%	44,200
89	Cencosud SA	CENCOSUD CI	B00R3L2	0.47%	597,588
90	DNO ASA	DNO NO	B15GGN4	0.47%	1,251,045
91	Bouygues SA	EN FP	4002121	0.47%	39,862
92	SSAB AB	SSABB SS	B17H3F6	0.47%	295,202
93	Vodafone Group PLC	VOD LN	BH4HKS3	0.47%	1,576,484
94	Vodacom Group Ltd	VOD SJ	B65B4D0	0.47%	232,235
95	Samsung SDS Co Ltd	018260 KS	BRS2KY0	0.46%	15,571
96	Hankook Tire & Technology Co Ltd	161390 KS	B7T5KQ0	0.46%	53,131
97	WH Group Ltd	288 HK	BLLHKZ1	0.46%	1,745,000
98	AKER BP ASA	AKRBP NO	B1L95G3	0.46%	70,647
99	BANCO BILBAO VIZCAYA	BBVA SM	5501906	0.46%	89,337
100	NN Group NV	NN NA	BNG8PQ9	0.46%	26,121
101	Public Bank Bhd	PBK MK	B012W42	0.46%	1,764,100
102	Swiss Re AG	SREN SW	B545MG5	0.46%	9,714
103	Tryg A/S	TRYG DC	BXDZ972	0.46%	72,386
104	ZURICH INSURANCE GROUP AG	ZURN SW	5983816	0.46%	2,568
105	Cash & Other	Cash&Other	Cash&Other	0.46%	1,809,074
106	Kia Corp	000270 KS	6490928	0.45%	23,215
107	United Microelectronics Corp	2303 TT	6916628	0.45%	1,203,000
108	HD Hyundai Co Ltd	267250 KS	BD4HFT1	0.45%	12,291
109	Brother Industries Ltd	6448 JP	6146500	0.45%	103,700
110	Alamtri Resources Indonesia Tbk PT	ADRO IJ	B3BQFC4	0.45%	15,043,600
111	DNB Bank ASA	DNB NO	BNG7113	0.45%	69,424
112	Genting Singapore Ltd	GENS SP	BDRTVP2	0.45%	3,057,700
113	Gentera SAB de CV	GENTERA* MM	BHWQZW1	0.45%	729,472
114	KASIKORNBANK PLC THB10 (NVDR)	KBANK-R TB	6364766	0.45%	316,000
115	Samsung E&A Co Ltd	028050 KS	6765239	0.44%	98,428
116	Cathay Pacific Airways Ltd	293 HK	6179755	0.44%	1,121,000
117	Powertech Technology Inc	6239 TT	6599676	0.44%	314,000
118	Japan Airlines Co Ltd	9201 JP	B8BRV46	0.44%	89,700
119	Ambev SA	ABEV3 BZ	BG7ZWY7	0.44%	687,980
120	Aneka Tambang Tbk	ANTM IJ	6053859	0.44%	9,750,600
121	Cia Energetica de Minas Gerais	CMIG4 BZ	B1YBRG0	0.44%	783,299
122	H Lundbeck A/S	HLUNB DC	BMGTJT6	0.44%	243,493
123	Kinross Gold Corp	K CN	B03Z841	0.44%	70,576
124	Bank Polska Kasa Opieki SA	PEO PW	5473113	0.44%	32,845
125	TCL Electronics Holdings Ltd	1070 HK	6193788	0.43%	1,407,000
126	KUNLUN ENERGY CO LTD	135 HK	6340078	0.43%	1,786,000
127	Kingboard Holdings Ltd	148 HK	6491318	0.43%	487,000
128	Geely Automobile Holdings Ltd	175 HK	6531827	0.43%	730,000
129	ORIENT OVERSEAS INTL	316 HK	6659116	0.43%	97,000
130	Taiwan Surface Mounting Technology Corp	6278 TT	6740140	0.43%	499,000
131	Sankyo Co Ltd	6417 JP	6775432	0.43%	95,800
132	Deutsche Lufthansa AG	LHA GR	5287488	0.43%	199,782
133	AP Moller - Maersk A/S	MAERSKB DC	4253048	0.43%	841
134	Orkla ASA	ORK NO	B1VQF42	0.43%	167,736
135	Hyundai Mobis Co Ltd	012330 KS	6449544	0.42%	8,151
136	Carlsberg AS	CARLB DC	4169219	0.42%	13,320
137	Equinor ASA	EQNR NO	7133608	0.42%	67,880
138	Iveco Group NV	IVG IM	BKPGF52	0.42%	77,459
139	Oversea-Chinese Banking Corp Ltd	OCBC SP	B0F9V20	0.42%	120,000
140	PTT Exploration & Production PCL	PTTEP-R TB	B1359L2	0.42%	494,800
141	Yara International ASA	YAR NO	7751259	0.42%	46,745
142	Evergreen Marine Corp Taiwan Ltd	2603 TT	6324500	0.41%	263,000
143	Country Garden Services Holdings Co Ltd	6098 HK	BDQZP48	0.41%	1,958,000
144	Adecco Group AG	ADEN SW	7110720	0.41%	53,462
145	Bayer AG	BAYN GR	5069211	0.41%	52,589
146	Lojas Renner SA	LREN3 BZ	B0CGYD6	0.41%	604,558
147	Norwegian Air Shuttle ASA	NAS NO	7742123	0.41%	1,072,005
148	PGE Polska Grupa Energetyczna SA	PGE PW	B544PW9	0.41%	538,629
149	Regis Resources Ltd	RRL AU	6476542	0.41%	384,749
150	Hanwha Corp	000880 KS	6496755	0.40%	26,225
151	Korea Gas Corp	036460 KS	6182076	0.40%	54,919
152	China Resources Pharmaceutical Group Ltd	3320 HK	BYNGG26	0.40%	2,484,500
153	Continental AG	CON GR	4598589	0.40%	20,063
154	D/S Norden A/S	DNORD DC	B1WP656	0.40%	41,617
155	Embracer Group AB	EMBRACB SS	BTHW926	0.40%	163,307
156	Empire Co Ltd	EMP/A CN	2314000	0.40%	43,875
157	Swissquote Group Holding SA	SQN SW	B1X3KP7	0.40%	2,671
158	U.S. Bank Money Market Deposit Account 06/01/2031	USBFS03	8AMMF0A84	0.40%	1,554,461
159	Wan Hai Lines Ltd	2615 TT	6932334	0.39%	571,000
160	MISC Bhd	MISC MK	6557997	0.39%	833,700
161	Qantas Airways Ltd	QAN AU	6710347	0.39%	247,242
162	QBE Insurance Group Ltd	QBE AU	6715740	0.39%	119,329
163	Singapore Airlines Ltd	SIA SP	6811734	0.39%	299,900
164	thyssenkrupp AG	TKA GR	5636927	0.39%	144,402
165	KT Corp	030200 KS	6505316	0.38%	44,293
166	Arcadyan Technology Corp	3596 TT	B28SKW1	0.38%	237,000
167	ComfortDelGro Corp Ltd	CD SP	6603737	0.38%	1,321,300
168	Hoegh Autoliners ASA	HAUTO NO	BMFDP24	0.38%	167,117
169	MBRF Global Foods Company SA	MBRF3 BZ	BV8H6L2	0.38%	431,829
170	TMBThanachart Bank PCL	TTB-R TB	6365145	0.38%	25,797,200
171	Yancoal Australia Ltd	YAL AU	B84LB45	0.38%	406,258
172	United Laboratories International Holdings Ltd/The	3933 HK	B1P70H9	0.37%	886,000
173	Air Canada	AC CN	BSDHYK1	0.37%	110,305
174	BlueScope Steel Ltd	BSL AU	6533232	0.37%	99,489
175	Sembcorp Industries Ltd	SCI SP	B08X163	0.37%	296,700
176	SK Telecom Co Ltd	017670 KS	6224871	0.36%	38,128
177	Foxconn Technology Co Ltd	2354 TT	6801779	0.36%	636,000
178	Primax Electronics Ltd	4915 TT	B5M70F8	0.36%	497,000
179	Bavarian Nordic A/S	BAVA DC	5564619	0.36%	47,711
180	Compal Electronics Inc	2324 TT	6225744	0.35%	1,336,000
181	Simplo Technology Co Ltd	6121 TT	6421928	0.34%	115,822
182	OMV AG	OMV AV	4651459	0.34%	24,263
183	Yangzijiang Financial Holding Ltd	YZJFH SP	BNZKT97	0.34%	1,617,900
184	Coca-Cola HBC AG	CCH LN	B9895B7	0.33%	27,787
185	ROCKWOOL A/S	ROCKB DC	BRJCHK4	0.33%	39,868
186	Tamarack Valley Energy Ltd	TVE CN	B8J3TH5	0.32%	264,213
187	DCC PLC	DCC LN	0242493	0.31%	19,290
188	ZIM Integrated Shipping Services Ltd	ZIM	M9T951109	0.30%	80,004
189	Fresenius Medical Care AG	FME GR	5129074	0.29%	23,830
190	Wilmar International Ltd	WIL SP	B17KC69	0.29%	454,900
191	Israel Discount Bank Ltd	DSCT IT	6451271	0.28%	109,352
192	easyJet PLC	EZJ LN	B7KR2P8	0.28%	172,774
193	Fortum Oyj	FORTUM FH	5579550	0.28%	48,580
194	Helvetia Holding AG	HELN SW	BK6QWF0	0.28%	4,320
195	AGL Energy Ltd	AGL AU	BSS7GP5	0.27%	184,096
196	Signify NV	LIGHT NA	BYY7VY5	0.27%	44,592
197	voestalpine AG	VOE AV	4943402	0.27%	28,073
198	Avolta AG	AVOL SW	B0R80X9	0.26%	19,213
199	KRUNG THAI BNK LTD THB5.15(NVDR)	KTB-R TB	6361466	0.26%	1,204,000
200	SATS Ltd	SATS SP	6243586	0.25%	370,900
201	Talanx AG	TLX GR	B8F0TD6	0.25%	7,860
202	United Overseas Bank Ltd	UOB SP	6916781	0.25%	37,019
203	Venture Corp Ltd	VMS SP	6927374	0.25%	85,400
204	JTEKT Corp	6473 JP	6497082	0.24%	88,400
205	Centrica PLC	CNA LN	B033F22	0.24%	398,954
206	Gjensidige Forsikring ASA	GJF NO	B4PH0C5	0.24%	33,911
207	Banco Bradesco SA	BBDC4 BZ	B00FM53	0.22%	239,480
208	Embotelladora Andina SA	2311454	2311454	0.21%	182,483
209	K+S AG	SDF GR	B54C017	0.20%	63,307
210	Samsung Fire & Marine Insurance Co Ltd	000810 KS	6155250	0.19%	2,155
211	Leroy Seafood Group ASA	LSG NO	4691916	0.19%	168,325
212	Jardine Cycle & Carriage Ltd	JCNC SP	6242260	0.18%	27,500
213	Aurubis AG	NDA GR	5485527	0.18%	5,628
214	Super Retail Group Ltd	SUL AU	B01C7R0	0.17%	65,742
215	Danske Bank A/S	DANSKE DC	4588825	0.16%	13,782
216	Freenet AG	FNTN GR	B1SK0S6	0.16%	18,892
217	Parex Resources Inc	PXT CN	B575D14	0.16%	46,476
218	Perrigo Co PLC	PRGO	G97822103	0.15%	41,484
219	Outokumpu Oyj	OUT1V FH	4665148	0.13%	120,639
220	ICL Group Ltd	ICL	M53213100	0.12%	82,281
221	Ageas SA/NV	AGS BB	B86S2N0	0.11%	6,219
222	HelloFresh SE	HFG GR	BYWH8S0	0.11%	67,493
223	Inmode Ltd	INMD	M5425M103	0.11%	29,663
224	Harmony Gold Mining Co Ltd	HAR SJ	6410562	0.10%	23,342
225	Plus500 Ltd	PLUS LN	BBT3PS9	0.10%	9,869
226	Proximus SADP	PROX BB	B00D9P6	0.10%	50,735
227	Sinch AB	SINCH SS	BKP8Q11	0.10%	136,261
228	SWATCH GROUP CHF2.25(BR)	UHR SW	7184725	0.10%	1,933
229	Bank Rakyat Indonesia Persero Tbk PT	BBRI IJ	6709099	0.08%	1,305,000
230	Alior Bank SA	ALR PW	B8W8F13	0.07%	10,124
231	CaixaBank SA	CABK SM	B283W97	0.07%	27,675
232	Mapfre SA	MAP SM	B1G40S0	0.07%	61,276
233	Repsol SA	REP SM	5669354	0.07%	13,500
234	STMicroelectronics NV	STMM S4	5962343	0.07%	11,990
235	Sandoz Group AG	SDZ SW	BLPLD38	0.06%	3,644
236	Schaeffler AG	SHA0 GR	BV5F6V9	0.05%	25,211
237	Allianz SE	ALV GR	5231485	0.04%	390
238	Societe Generale SA	GLE FP	5966516	0.04%	2,425
239	Suedzucker AG	SZU GR	5784462	0.04%	14,156
240	Telecom Italia SpA/Milano	TIT IM	7634394	0.04%	285,318
241	YTL Corp Bhd	YTL MK	6436126	0.04%	265,420
242	SAMSUNG C&T CORP	028260 KS	BSXN8K7	0.02%	649
243	Swisscom AG	SCMN SW	5533976	0.02%	87
244	Sino Biopharmaceutical Ltd	1177 HK	B00XSF9	0.01%	66,155
245	EURO	EUR	CASHEUR	0.01%	26,920
246	JET2 PLC	JET2 LN	B1722W1	0.01%	2,237
247	Severstal PAO	SVST LI	B1G4YH7	0.00%	24,074

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

index		Calendar Year 2024	First Quarter 2025	Second Quarter 2025	Third Quarter 2025	Forth Quarter 2025
0	Days traded at premium	81	27	16	14	5
1	Days traded at NAV	1	0	0	2	0
2	Days traded at discount	170	34	46	48	23

Country Allocation

As of DATE

index	Country	Weight
0	Singapore	7.33%
1	Taiwan	7.26%
2	Korea, Republic Of	7.09%
3	Hong Kong	6.91%
4	Denmark	5.81%
5	Japan	5.45%
6	Norway	5.27%
7	Switzerland	5.02%
8	Brazil	4.8%
9	Canada	4.45%
10	Germany	4.27%
11	Australia	3.97%
12	Malaysia	3.95%
13	Ireland	3.23%
14	Indonesia	2.95%
15	United Kingdom	2.56%
16	South Africa	2.15%
17	Israel	1.98%
18	Netherlands	1.72%
19	Mexico	1.72%
20	Thailand	1.55%
21	Sweden	1.52%
22	Poland	1.41%
23	Spain	1.23%
24	Chile	1.16%
25	France	1.02%
26	Finland	0.88%
27	China	0.85%
28	Austria	0.61%
29	Peru	0.53%
30	Portugal	0.52%
31	Italy	0.48%
32	Belgium	0.23%
33	United States	0.12%
34	Russian Federation	0%

Sector Breakdown

As of DATE

index	Name	Weight
0	Financials	19.62%
1	Industrials	16.81%
2	Consumer Discretionary	12.15%
3	Information Technology	10.88%
4	Materials	8.63%
5	Communication Services	7.42%
6	Consumer Staples	6.82%
7	Health Care	6.78%
8	Energy	5.96%
9	Utilities	3.84%
10	Real Estate	0.97%
11	Money Market Deposit Account	0.12%

Currency

As of DATE

index	Currency	Abbr.	Weight
0	European euro	EUR	11.06%
1	Hong Kong dollar	HKD	9.58%
2	South Korean won	KRW	7.09%
3	New Taiwan dollar	TWD	6.66%
4	Danish krone	DKK	5.81%
5	Norwegian krone	NOK	5.77%
6	Singapore dollar	SGD	5.59%
7	Japanese yen	JPY	5.45%
8	United States dollar	USD	5.09%
9	Brazilian real	BRL	4.8%
10	Canadian dollar	CAD	4.45%
11	Australian dollar	AUD	3.97%
12	Malaysian ringgit	MYR	3.95%
13	Swiss franc	CHF	3.6%
14	Pound sterling	GBP	3.35%
15	Indonesian rupiah	IDR	2.95%
16	South African rand	ZAR	2.15%
17	Mexican peso	MXN	1.72%
18	Thai baht	THB	1.55%
19	Swedish krona	SEK	1.52%
20	Polish zloty	PLN	1.41%
21	Israeli new shekel	ILS	1.32%
22	Chilean peso	CLP	1.16%

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

$389,189,919.98

Total Fund Annual Operating Expenses

0.61%

Inception Date

10/29/2013

Shares Outstanding

11,800,000.00

Distribution Frequency

Quarterly

30-Day SEC Yield (as of 10/31/2025)

3.11%

12 Month Distribution Yield

4.65%

Market Price

$32.96

NAV

$32.98

Premium/Discount

-0.07%

30-Day Median Bid-Ask Spread

0.36%

UNCERTAINTY & INSTABILITY

HUMAN PRODUCTIVITY

LEADERSHIP & GOVERNANCE

VALUATION

Fund Fact Sheet

Fund Literature

Factors

Total Returns

ETF Holdings

Country Allocation

Sector Breakdown

Currency

Distribution History