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

01/08/2026

Fund Details

VIDI

CUSIP

26922A404

Net Assets

$400,967,832.93

Total Fund Annual Operating Expenses

0.61%

Inception Date

10/29/2013

Shares Outstanding

11,600,000.00

Distribution Frequency

Quarterly

30-Day SEC Yield (as of 12/31/2025)

2.94%

12 Month Distribution Yield

4.15%

Market Price

$34.49

NAV

$34.57

Premium/Discount

-0.22%

30-Day Median Bid-Ask Spread

0.33%

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 12/31/2025)	VIDI Nav Returns	VIDI Market Price Returns
0	Cumulative
1	1 Month	3.64%	3.30%
2	3 Month	7.62%	7.19%
3	Year To Date	42.72%	41.83%
4	Since Inception*	104.64%	103.63%
5	Average Annual
6	1 Year	42.72%	41.83%
7	3 Year	21.40%	21.38%
8	5 Year	11.46%	11.53%
9	10 Year	9.18%	9.27%
10	Since Inception*	6.06%	6.02%

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	Kioxia Holdings Corp	285A JP	BMGYJ02	2.08%	104,000
1	OceanaGold Corp	OGC CN	BQXQY26	0.93%	122,603
2	Mobvista Inc	1860 HK	BHR7002	0.92%	1,646,000
3	Samsung Electronics Co Ltd	005930 KS	6771720	0.80%	33,779
4	Industrias Penoles SAB de CV	PE&OLES* MM	2448200	0.79%	58,158
5	Volvo Car AB	VOLCARB SS	BRS7SK7	0.73%	828,170
6	Perseus Mining Ltd	PRU AU	B02FBC1	0.72%	757,279
7	L&K Engineering Co Ltd	6139 TT	6432607	0.70%	148,000
8	Ramelius Resources Ltd	RMS AU	6586872	0.70%	1,013,585
9	Vestas Wind Systems A/S	VWS DC	BN4MYF5	0.64%	89,777
10	Cemex SAB de CV	CEMEXCPO MM	2406457	0.63%	2,043,948
11	El Al Israel Airlines	ELAL IT	6632140	0.62%	435,424
12	Genmab A/S	GMAB DC	4595739	0.62%	7,368
13	Aisin Corp	7259 JP	6010702	0.60%	127,400
14	Nokia Oyj	NOKIA FH	5902941	0.60%	370,737
15	U.S. Bank Money Market Deposit Account 06/01/2031	USBFS03	8AMMF0A84	0.60%	2,405,554
16	Garrett Motion Inc	GTX	366505105	0.59%	131,437
17	Jazz Pharmaceuticals PLC	JAZZ	G50871105	0.59%	14,659
18	Latam Airlines Group SA	LTM CI	2518932	0.59%	83,585,782
19	NKT A/S	NKT DC	7106354	0.59%	18,813
20	Tiger Brands Ltd	TBS SJ	B0J4PP2	0.59%	102,702
21	Yue Yuen Industrial Holdings Ltd	551 HK	6586537	0.58%	1,059,000
22	Sigurd Microelectronics Corp	6257 TT	6672964	0.58%	633,000
23	Cia de Saneamento de Minas Gerais Copasa MG	CSMG3 BZ	B0YBZJ2	0.58%	279,682
24	Magazine Luiza SA	MGLU3 BZ	B4975P9	0.58%	1,405,021
25	Banco Santander SA	SAN SM	5705946	0.58%	195,756
26	SSAB AB	SSABB SS	B17H3F6	0.58%	286,619
27	UOL Group Ltd	UOL SP	6916844	0.58%	319,100
28	Vibra Energia SA	VBBR3 BZ	BPBLV81	0.58%	489,538
29	Bayer AG	BAYN GR	5069211	0.57%	51,058
30	Jyske Bank A/S	JYSK DC	B0386J1	0.57%	17,054
31	Magna International Inc	MG CN	2554475	0.57%	40,426
32	AMMB Holdings Bhd	AMM MK	6047023	0.56%	1,421,700
33	Astra International Tbk PT	ASII IJ	B800MQ5	0.56%	5,512,400
34	IHH Healthcare Bhd	IHH MK	B83X6P8	0.56%	1,081,600
35	Norsk Hydro ASA	NHY NO	B11HK39	0.56%	276,910
36	Old Mutual Ltd	OMU SJ	BDVPYN5	0.56%	2,435,368
37	RBH BANK BHD	RHBBANK MK	6244675	0.56%	1,159,200
38	Toyo Tire Corp	5105 JP	6900182	0.55%	79,500
39	AerCap Holdings NV	AER	N00985106	0.55%	15,379
40	Credicorp Ltd	BAP	G2519Y108	0.55%	7,322
41	Banco Comercial Portugues SA	BCP PL	BZCNN35	0.55%	2,167,674
42	Power Corp of Canada	POW CN	2697701	0.55%	42,639
43	Hyundai Mobis Co Ltd	012330 KS	6449544	0.54%	7,914
44	Aptiv PLC	APTV	G3265R107	0.54%	24,625
45	Exxaro Resources Ltd	EXX SJ	6418801	0.54%	189,683
46	Finning International Inc	FTT CN	2339177	0.54%	38,532
47	Bank Leumi Le-Israel BM	LUMI IT	6076425	0.54%	91,362
48	RWE AG	RWE GR	4768962	0.54%	39,231
49	United Tractors Tbk PT	UNTR IJ	6230845	0.54%	1,163,000
50	Holcim AG	HOLN SW	7110753	0.53%	21,381
51	Kinross Gold Corp	K CN	B03Z841	0.53%	68,513
52	China Taiping Insurance Holdings Co Ltd	966 HK	6264048	0.52%	769,200
53	Novartis AG	NOVN SW	7103065	0.52%	14,770
54	Telekom Malaysia Bhd	T MK	6868398	0.52%	1,078,500
55	Vodafone Group PLC	VOD LN	BH4HKS3	0.52%	1,530,636
56	Kia Corp	000270 KS	6490928	0.51%	22,449
57	HD Korea Shipbuilding & Offshore Engineering Co Ltd	009540 KS	6446620	0.51%	6,727
58	Hankook Tire & Technology Co Ltd	161390 KS	B7T5KQ0	0.51%	51,326
59	Johnson Electric Holdings Ltd	179 HK	BP4JH17	0.51%	532,000
60	United Microelectronics Corp	2303 TT	6916628	0.51%	1,167,000
61	Aneka Tambang Tbk	ANTM IJ	6053859	0.51%	9,465,700
62	BANCO BILBAO VIZCAYA	BBVA SM	5501906	0.51%	86,733
63	Bouygues SA	EN FP	4002121	0.51%	38,700
64	iA Financial Corp Inc	IAG CN	BJ2ZH37	0.51%	15,719
65	ISS A/S	ISS DC	BKJ9RT5	0.51%	58,441
66	Malayan Banking Bhd	MAY MK	6556325	0.51%	763,000
67	Minth Group Ltd	425 HK	B0RJCG9	0.50%	502,000
68	Brother Industries Ltd	6448 JP	6146500	0.50%	100,700
69	Cencosud SA	CENCOSUD CI	B00R3L2	0.50%	580,168
70	Fresenius SE & Co KGaA	FRE GR	4352097	0.50%	35,284
71	Deutsche Lufthansa AG	LHA GR	5287488	0.50%	193,959
72	ORLEN SA	PKN PW	5810066	0.50%	75,303
73	TIM SA/Brazil	TIMS3 BZ	BN71RB6	0.50%	485,248
74	Telkom Indonesia Persero Tbk PT	TLKM IJ	BD4T6W7	0.50%	9,829,800
75	Zhen Ding Technology Holding Ltd	4958 TT	B734XQ4	0.49%	434,000
76	Alps Alpine Co Ltd	6770 JP	6021500	0.49%	161,000
77	Alkermes PLC	ALKS	G01767105	0.49%	65,794
78	Chubb Ltd	CB	H1467J104	0.49%	6,468
79	Kingfisher PLC	KGF LN	3319521	0.49%	455,778
80	Storebrand ASA	STB NO	4852832	0.49%	118,094
81	Stellantis NV	STLAM IM	BMD8KX7	0.49%	178,697
82	Telefonica Brasil SA	VIVT3 BZ	B6XFBX3	0.49%	314,654
83	Vodacom Group Ltd	VOD SJ	B65B4D0	0.49%	225,457
84	Powertech Technology Inc	6239 TT	6599676	0.48%	305,000
85	SBI Holdings Inc	8473 JP	6309466	0.48%	86,400
86	BlueScope Steel Ltd	BSL AU	6533232	0.48%	96,579
87	DBS Group Holdings Ltd	DBS SP	6175203	0.48%	43,240
88	AP Moller - Maersk A/S	MAERSKB DC	4253048	0.48%	816
89	NN Group NV	NN NA	BNG8PQ9	0.48%	25,357
90	Public Bank Bhd	PBK MK	B012W42	0.48%	1,712,800
91	Tripod Technology Corp	3044 TT	6305721	0.47%	186,000
92	DNO ASA	DNO NO	B15GGN4	0.47%	1,214,555
93	ORANGE S.A.	ORA FP	5176177	0.47%	113,326
94	Regis Resources Ltd	RRL AU	6476542	0.47%	373,501
95	Singapore Exchange Ltd	SGX SP	6303866	0.47%	140,200
96	Singapore Telecommunications Ltd	ST SP	B02PY11	0.47%	543,400
97	TE Connectivity PLC	TEL	G87052109	0.47%	8,219
98	TCL Electronics Holdings Ltd	1070 HK	6193788	0.46%	1,366,000
99	WH Group Ltd	288 HK	BLLHKZ1	0.46%	1,695,000
100	DNB Bank ASA	DNB NO	BNG7113	0.46%	67,398
101	Gentera SAB de CV	GENTERA* MM	BHWQZW1	0.46%	708,162
102	KASIKORNBANK PLC THB10 (NVDR)	KBANK-R TB	6364766	0.46%	306,800
103	KPJ Healthcare Bhd	KPJ MK	6493585	0.46%	2,821,600
104	Bank Polska Kasa Opieki SA	PEO PW	5473113	0.46%	31,888
105	Samsung SDS Co Ltd	018260 KS	BRS2KY0	0.45%	15,119
106	Pacific Basin Shipping Ltd	2343 HK	B01RQM3	0.45%	5,871,605
107	BOC Hong Kong Holdings Ltd	2388 HK	6536112	0.45%	370,000
108	Alamtri Resources Indonesia Tbk PT	ADRO IJ	B3BQFC4	0.45%	14,604,200
109	Oversea-Chinese Banking Corp Ltd	OCBC SP	B0F9V20	0.45%	116,500
110	Orkla ASA	ORK NO	B1VQF42	0.45%	162,845
111	ZURICH INSURANCE GROUP AG	ZURN SW	5983816	0.45%	2,493
112	Kingboard Holdings Ltd	148 HK	6491318	0.44%	472,500
113	Cathay Pacific Airways Ltd	293 HK	6179755	0.44%	1,087,000
114	AKER BP ASA	AKRBP NO	B1L95G3	0.44%	68,588
115	D/S Norden A/S	DNORD DC	B1WP656	0.44%	40,408
116	Hafnia Ltd	HAFNI NO	BSY3S84	0.44%	305,655
117	J Sainsbury PLC	SBRY LN	B019KW7	0.44%	423,884
118	Yara International ASA	YAR NO	7751259	0.44%	45,381
119	NongShim Co Ltd	004370 KS	6638115	0.43%	6,197
120	WT Microelectronics Co Ltd	3036 TT	6290991	0.43%	376,000
121	Ambev SA	ABEV3 BZ	BG7ZWY7	0.43%	667,374
122	Tryg A/S	TRYG DC	BXDZ972	0.43%	70,278
123	ZIM Integrated Shipping Services Ltd	ZIM	M9T951109	0.43%	77,671
124	HD Hyundai Co Ltd	267250 KS	BD4HFT1	0.42%	11,932
125	Seibu Holdings Inc	9024 JP	BKY6H35	0.42%	62,500
126	KONINKLIJKE AHOLD DELHAIZE NV	AD NA	BD0Q398	0.42%	42,913
127	Carlsberg AS	CARLB DC	4169219	0.42%	12,933
128	Genting Singapore Ltd	GENS SP	BDRTVP2	0.42%	2,968,800
129	PTT Exploration & Production PCL	PTTEP-R TB	B1359L2	0.42%	480,400
130	thyssenkrupp AG	TKA GR	5636927	0.42%	140,194
131	Tesco PLC	TSCO LN	BLGZ986	0.42%	302,875
132	LG Uplus Corp	032640 KS	6290902	0.41%	166,187
133	KUNLUN ENERGY CO LTD	135 HK	6340078	0.41%	1,738,000
134	Japan Airlines Co Ltd	9201 JP	B8BRV46	0.41%	87,100
135	Bank Negara Indonesia Persero Tbk PT	BBNI IJ	6727121	0.41%	6,677,600
136	H Lundbeck A/S	HLUNB DC	BMGTJT6	0.41%	236,405
137	Iveco Group NV	IVG IM	BKPGF52	0.41%	75,200
138	Norwegian Air Shuttle ASA	NAS NO	7742123	0.41%	1,040,737
139	Qantas Airways Ltd	QAN AU	6710347	0.41%	240,012
140	Hanwha Corp	000880 KS	6496755	0.40%	25,461
141	Samsung E&A Co Ltd	028050 KS	6765239	0.40%	94,365
142	Hoegh Autoliners ASA	HAUTO NO	BMFDP24	0.40%	162,241
143	TMBThanachart Bank PCL	TTB-R TB	6365145	0.40%	25,036,500
144	DB Insurance Co Ltd	005830 KS	6155937	0.39%	18,460
145	Geely Automobile Holdings Ltd	175 HK	6531827	0.39%	709,000
146	Evergreen Marine Corp Taiwan Ltd	2603 TT	6324500	0.39%	255,000
147	VSTECS Holdings Ltd	856 HK	6527031	0.39%	1,526,000
148	Cia Energetica de Minas Gerais	CMIG4 BZ	B1YBRG0	0.39%	760,389
149	Continental AG	CON GR	4598589	0.39%	19,478
150	Equinor ASA	EQNR NO	7133608	0.39%	65,900
151	MISC Bhd	MISC MK	6557997	0.39%	809,500
152	QBE Insurance Group Ltd	QBE AU	6715740	0.39%	115,838
153	KT Corp	030200 KS	6505316	0.38%	43,001
154	ORIENT OVERSEAS INTL	316 HK	6659116	0.38%	93,000
155	Country Garden Services Holdings Co Ltd	6098 HK	BDQZP48	0.38%	1,903,000
156	Sankyo Co Ltd	6417 JP	6775432	0.38%	92,900
157	Adecco Group AG	ADEN SW	7110720	0.38%	51,905
158	Swissquote Group Holding SA	SQN SW	B1X3KP7	0.38%	2,595
159	Taiwan Surface Mounting Technology Corp	6278 TT	6740140	0.37%	484,000
160	Air Canada	AC CN	BSDHYK1	0.37%	107,083
161	Swiss Re AG	SREN SW	B545MG5	0.37%	9,430
162	Bavarian Nordic A/S	BAVA DC	5564619	0.36%	46,322
163	ComfortDelGro Corp Ltd	CD SP	6603737	0.36%	1,282,800
164	Empire Co Ltd	EMP/A CN	2314000	0.36%	42,594
165	Lojas Renner SA	LREN3 BZ	B0CGYD6	0.36%	586,938
166	MBRF Global Foods Co SA	MBRF3 BZ	BV8H6L2	0.36%	419,397
167	Singapore Airlines Ltd	SIA SP	6811734	0.36%	291,100
168	Tamarack Valley Energy Ltd	TVE CN	B8J3TH5	0.36%	256,492
169	Korea Gas Corp	036460 KS	6182076	0.35%	53,317
170	Wan Hai Lines Ltd	2615 TT	6932334	0.35%	555,000
171	China Resources Pharmaceutical Group Ltd	3320 HK	BYNGG26	0.35%	2,411,500
172	Coca-Cola HBC AG	CCH LN	B9895B7	0.35%	26,980
173	ROCKWOOL A/S	ROCKB DC	BRJCHK4	0.34%	38,707
174	Yancoal Australia Ltd	YAL AU	B84LB45	0.34%	394,380
175	SK Telecom Co Ltd	017670 KS	6224871	0.33%	37,017
176	United Laboratories International Holdings Ltd/The	3933 HK	B1P70H9	0.33%	862,000
177	OMV AG	OMV AV	4651459	0.33%	23,557
178	PGE Polska Grupa Energetyczna SA	PGE PW	B544PW9	0.33%	522,959
179	Sembcorp Industries Ltd	SCI SP	B08X163	0.33%	288,000
180	Simplo Technology Co Ltd	6121 TT	6421928	0.32%	112,822
181	Arcadyan Technology Corp	3596 TT	B28SKW1	0.31%	230,000
182	voestalpine AG	VOE AV	4943402	0.31%	27,255
183	Compal Electronics Inc	2324 TT	6225744	0.30%	1,296,000
184	Primax Electronics Ltd	4915 TT	B5M70F8	0.30%	482,000
185	Israel Discount Bank Ltd	DSCT IT	6451271	0.30%	106,176
186	Foxconn Technology Co Ltd	2354 TT	6801779	0.29%	617,000
187	Avolta AG	AVOL SW	B0R80X9	0.28%	18,653
188	DCC PLC	DCC LN	0242493	0.28%	18,728
189	easyJet PLC	EZJ LN	B7KR2P8	0.28%	167,749
190	AGL Energy Ltd	AGL AU	BSS7GP5	0.27%	178,712
191	Wilmar International Ltd	WIL SP	B17KC69	0.27%	441,800
192	Fresenius Medical Care AG	FME GR	5129074	0.26%	23,137
193	Fortum Oyj	FORTUM FH	5579550	0.26%	47,165
194	Helvetia Baloise Holding AG	HBAN SW	BK6QWF0	0.26%	4,196
195	KRUNG THAI BNK LTD THB5.15(NVDR)	KTB-R TB	6361466	0.26%	1,168,400
196	Signify NV	LIGHT NA	BYY7VY5	0.26%	43,293
197	SATS Ltd	SATS SP	6243586	0.26%	360,000
198	Talanx AG	TLX GR	B8F0TD6	0.25%	7,632
199	United Overseas Bank Ltd	UOB SP	6916781	0.25%	35,919
200	Venture Corp Ltd	VMS SP	6927374	0.25%	82,900
201	JTEKT Corp	6473 JP	6497082	0.24%	85,700
202	Centrica PLC	CNA LN	B033F22	0.23%	387,352
203	Gjensidige Forsikring ASA	GJF NO	B4PH0C5	0.23%	32,920
204	K+S AG	SDF GR	B54C017	0.23%	61,460
205	Embotelladora Andina SA	2311454	2311454	0.22%	177,162
206	Embracer Group AB	EMBRACB SS	BTHW926	0.22%	158,559
207	Aurubis AG	NDA GR	5485527	0.21%	5,465
208	Banco Bradesco SA	BBDC4 BZ	B00FM53	0.20%	232,472
209	Leroy Seafood Group ASA	LSG NO	4691916	0.19%	163,413
210	Yangzijiang Maritime Development Ltd	8YZ SP	BVSYC71	0.18%	1,570,900
211	Jardine Cycle & Carriage Ltd	JCNC SP	6242260	0.18%	26,700
212	Samsung Fire & Marine Insurance Co Ltd	000810 KS	6155250	0.17%	2,092
213	Super Retail Group Ltd	SUL AU	B01C7R0	0.17%	63,819
214	Danske Bank A/S	DANSKE DC	4588825	0.16%	13,382
215	Freenet AG	FNTN GR	B1SK0S6	0.16%	18,341
216	Outokumpu Oyj	OUT1V FH	4665148	0.16%	117,121
217	Perrigo Co PLC	PRGO	G97822103	0.15%	40,276
218	Parex Resources Inc	PXT CN	B575D14	0.15%	45,118
219	Harmony Gold Mining Co Ltd	HAR SJ	6410562	0.12%	22,662
220	Plus500 Ltd	PLUS LN	BBT3PS9	0.12%	9,582
221	HelloFresh SE	HFG GR	BYWH8S0	0.11%	65,526
222	ICL Group Ltd	ICL	M53213100	0.11%	79,881
223	Sinch AB	SINCH SS	BKP8Q11	0.11%	132,299
224	Yangzijiang Financial Holding Ltd	YZJFH SP	BNZKT97	0.11%	1,570,900
225	Ageas SA/NV	AGS BB	B86S2N0	0.10%	6,039
226	Inmode Ltd	INMD	M5425M103	0.10%	28,797
227	Proximus SADP	PROX BB	B00D9P6	0.10%	49,256
228	SWATCH GROUP CHF2.25(BR)	UHR SW	7184725	0.10%	1,876
229	Coffee Stain Group AB	COFFEEB SS	BVD9HL0	0.09%	158,559
230	Alior Bank SA	ALR PW	B8W8F13	0.08%	9,830
231	CaixaBank SA	CABK SM	B283W97	0.08%	26,870
232	STMicroelectronics NV	STMM S4	5962343	0.08%	11,643
233	Bank Rakyat Indonesia Persero Tbk PT	BBRI IJ	6709099	0.07%	1,267,100
234	Mapfre SA	MAP SM	B1G40S0	0.07%	59,488
235	Sandoz Group AG	SDZ SW	BLPLD38	0.07%	3,537
236	Repsol SA	REP SM	5669354	0.06%	13,105
237	Schaeffler AG	SHA0 GR	BV5F6V9	0.06%	24,478
238	Societe Generale SA	GLE FP	5966516	0.05%	2,357
239	Allianz SE	ALV GR	5231485	0.04%	378
240	Suedzucker AG	SZU GR	5784462	0.04%	13,745
241	Telecom Italia SpA/Milano	TIT IM	7634394	0.04%	277,004
242	SAMSUNG C&T CORP	028260 KS	BSXN8K7	0.03%	629
243	YTL Corp Bhd	YTL MK	6436126	0.03%	257,920
244	CHILEAN PESO	CLP	CASHCLP	0.02%	81,055,072
245	Swisscom AG	SCMN SW	5533976	0.02%	85
246	Sino Biopharmaceutical Ltd	1177 HK	B00XSF9	0.01%	64,155
247	JET2 PLC	JET2 LN	B1722W1	0.01%	2,171
248	Severstal PAO	SVST LI	B1G4YH7	0.00%	24,074
249	Cash & Other	Cash&Other	Cash&Other	-0.02%	-69,820

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	1
1	Days traded at NAV	2	0
2	Days traded at discount	180	4

Country Allocation

As of DATE

index	Country	Weight
0	Korea, Republic Of	6.95%
1	Singapore	6.94%
2	Taiwan, Province Of China	6.84%
3	Hong Kong	6.43%
4	Japan	6.02%
5	Denmark	5.87%
6	Switzerland	4.99%
7	Brazil	4.97%
8	Norway	4.95%
9	Canada	4.81%
10	Germany	4.18%
11	Malaysia	3.98%
12	Australia	3.91%
13	Ireland	3.21%
14	Indonesia	3.01%
15	United Kingdom	2.47%
16	South Africa	2.19%
17	Israel	2.03%
18	Sweden	1.78%
19	Netherlands	1.72%
20	Mexico	1.67%
21	Thailand	1.54%
22	Poland	1.42%
23	Spain	1.26%
24	Chile	1.22%
25	France	1.04%
26	Finland	1%
27	China	0.8%
28	Austria	0.65%
29	Portugal	0.54%
30	Peru	0.5%
31	Italy	0.47%
32	United States	0.42%
33	Belgium	0.22%
34	Russian Federation	0%

Sector Breakdown

As of DATE

index	Name	Weight
0	Financials	19.18%
1	Industrials	17.05%
2	Consumer Discretionary	12.41%
3	Information Technology	11.12%
4	Materials	8.82%
5	Communication Services	6.93%
6	Consumer Staples	6.81%
7	Health Care	6.53%
8	Energy	5.88%
9	Utilities	3.89%
10	Real Estate	0.96%
11	Money Market Deposit Account	0.42%

Currency

As of DATE

index	Currency	Abbr.	Weight
0	European euro	EUR	11.15%
1	Hong Kong dollar	HKD	8.63%
2	South Korean won	KRW	6.95%
3	New Taiwan dollar	TWD	6.26%
4	Japanese yen	JPY	6.02%
5	Danish krone	DKK	5.87%
6	Singapore dollar	SGD	5.64%
7	United States dollar	USD	5.52%
8	Norwegian krone	NOK	5.44%
9	Brazilian real	BRL	4.97%
10	Canadian dollar	CAD	4.81%
11	Malaysian ringgit	MYR	3.98%
12	Australian dollar	AUD	3.91%
13	Swiss franc	CHF	3.49%
14	Pound sterling	GBP	3.26%
15	Indonesian rupiah	IDR	3.01%
16	South African rand	ZAR	2.18%
17	Swedish krona	SEK	1.78%
18	Mexican peso	MXN	1.67%
19	Thai baht	THB	1.54%
20	Polish zloty	PLN	1.42%
21	Israeli new shekel	ILS	1.28%
22	Chilean peso	CLP	1.22%

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

$400,967,832.93

Total Fund Annual Operating Expenses

0.61%

Inception Date

10/29/2013

Shares Outstanding

11,600,000.00

Distribution Frequency

Quarterly

30-Day SEC Yield (as of 12/31/2025)

2.94%

12 Month Distribution Yield

4.15%

Market Price

$34.49

NAV

$34.57

Premium/Discount

-0.22%

30-Day Median Bid-Ask Spread

0.33%

UNCERTAINTY & INSTABILITY

HUMAN PRODUCTIVITY

LEADERSHIP & GOVERNANCE

VALUATION

Fund Fact Sheet

Fund Literature

Factors

Total Returns

ETF Holdings

Country Allocation

Sector Breakdown

Currency

Distribution History