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

12/10/2025

Fund Details

VIDI

CUSIP

26922A404

Net Assets

$397,093,803.37

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 11/30/2025)

2.97%

12 Month Distribution Yield

4.56%

Market Price

$33.80

NAV

$33.65

Premium/Discount

0.44%

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

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 11/30/2025)	VIDI Nav Returns	VIDI Market Price Returns
0	Cumulative
1	1 Month	0.84%	0.94%
2	3 Month	7.15%	7.22%
3	Year To Date	37.71%	37.30%
4	Since Inception*	97.44%	97.14%
5	Average Annual
6	1 Year	35.53%	35.17%
7	3 Year	20.10%	19.52%
8	5 Year	12.24%	12.30%
9	10 Year	8.67%	8.69%
10	Since Inception*	5.79%	5.78%

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	1.67%	108,400
1	Mobvista Inc	1860 HK	BHR7002	0.90%	1,713,000
2	OceanaGold Corp	OGC CN	BQXQY26	0.90%	127,965
3	Volvo Car AB	VOLCARB SS	BRS7SK7	0.77%	863,798
4	Perseus Mining Ltd	PRU AU	B02FBC1	0.69%	789,591
5	Ramelius Resources Ltd	RMS AU	6586872	0.67%	1,056,834
6	Industrias Penoles SAB de CV	PE&OLES* MM	2448200	0.66%	60,160
7	Samsung Electronics Co Ltd	005930 KS	6771720	0.64%	35,268
8	L&K Engineering Co Ltd	6139 TT	6432607	0.64%	153,000
9	Jazz Pharmaceuticals PLC	JAZZ	G50871105	0.63%	15,288
10	Aisin Corp	7259 JP	6010702	0.62%	132,800
11	Genmab A/S	GMAB DC	4595739	0.62%	7,684
12	Magazine Luiza SA	MGLU3 BZ	B4975P9	0.62%	1,398,784
13	Vestas Wind Systems A/S	VWS DC	BN4MYF5	0.62%	92,467
14	NKT A/S	NKT DC	7106354	0.61%	19,621
15	Nokia Oyj	NOKIA FH	5902941	0.61%	386,687
16	Yue Yuen Industrial Holdings Ltd	551 HK	6586537	0.59%	1,091,500
17	Cemex SAB de CV	CEMEXCPO MM	2406457	0.59%	2,105,388
18	Garrett Motion Inc	GTX	366505105	0.58%	135,384
19	Power Corp of Canada	POW CN	2697701	0.58%	43,916
20	Banco Santander SA	SAN SM	5705946	0.58%	201,631
21	Vibra Energia SA	VBBR3 BZ	BPBLV81	0.58%	504,278
22	Toyo Tire Corp	5105 JP	6900182	0.57%	82,800
23	Banco Comercial Portugues SA	BCP PL	BZCNN35	0.57%	2,232,740
24	Cia de Saneamento de Minas Gerais Copasa MG	CSMG3 BZ	B0YBZJ2	0.57%	288,104
25	IHH Healthcare Bhd	IHH MK	B83X6P8	0.57%	1,128,100
26	Jyske Bank A/S	JYSK DC	B0386J1	0.57%	17,786
27	Latam Airlines Group SA	LTM CI	2518932	0.57%	86,095,461
28	Tiger Brands Ltd	TBS SJ	B0J4PP2	0.57%	107,119
29	AerCap Holdings NV	AER	N00985106	0.56%	15,846
30	Bayer AG	BAYN GR	5069211	0.56%	52,589
31	SSAB AB	SSABB SS	B17H3F6	0.56%	295,202
32	Alps Alpine Co Ltd	6770 JP	6021500	0.55%	165,900
33	Astra International Tbk PT	ASII IJ	B800MQ5	0.55%	5,749,400
34	Finning International Inc	FTT CN	2339177	0.55%	39,693
35	Cash & Other	Cash&Other	Cash&Other	0.55%	2,209,625
36	Sigurd Microelectronics Corp	6257 TT	6672964	0.54%	658,000
37	AMMB Holdings Bhd	AMM MK	6047023	0.54%	1,464,500
38	Bank Leumi Le-Israel BM	LUMI IT	6076425	0.54%	94,099
39	Magna International Inc	MG CN	2554475	0.54%	41,643
40	Norsk Hydro ASA	NHY NO	B11HK39	0.54%	285,230
41	RBH BANK BHD	RHBBANK MK	6244675	0.54%	1,194,100
42	Stellantis NV	STLAM IM	BMD8KX7	0.54%	184,059
43	TIM SA/Brazil	TIMS3 BZ	BN71RB6	0.54%	505,914
44	Telkom Indonesia Persero Tbk PT	TLKM IJ	BD4T6W7	0.54%	10,125,600
45	UOL Group Ltd	UOL SP	6916844	0.54%	332,800
46	HD Korea Shipbuilding & Offshore Engineering Co Ltd	009540 KS	6446620	0.53%	7,016
47	Hankook Tire & Technology Co Ltd	161390 KS	B7T5KQ0	0.53%	53,131
48	Johnson Electric Holdings Ltd	179 HK	BP4JH17	0.53%	555,000
49	Credicorp Ltd	BAP	G2519Y108	0.53%	7,541
50	Holcim AG	HOLN SW	7110753	0.53%	22,290
51	Old Mutual Ltd	OMU SJ	BDVPYN5	0.53%	2,540,142
52	Telekom Malaysia Bhd	T MK	6868398	0.53%	1,110,900
53	United Tractors Tbk PT	UNTR IJ	6230845	0.53%	1,197,700
54	Minth Group Ltd	425 HK	B0RJCG9	0.52%	518,000
55	Zhen Ding Technology Holding Ltd	4958 TT	B734XQ4	0.52%	451,000
56	El Al Israel Airlines	ELAL IT	6632140	0.52%	448,459
57	Fresenius SE & Co KGaA	FRE GR	4352097	0.52%	36,800
58	TE Connectivity PLC	TEL	G87052109	0.52%	8,465
59	Brother Industries Ltd	6448 JP	6146500	0.51%	103,700
60	Aptiv PLC	APTV	G3265R107	0.51%	25,700
61	BANCO BILBAO VIZCAYA	BBVA SM	5501906	0.51%	89,337
62	Chubb Ltd	CB	H1467J104	0.51%	6,665
63	Bouygues SA	EN FP	4002121	0.51%	39,862
64	iA Financial Corp Inc	IAG CN	BJ2ZH37	0.51%	16,194
65	Novartis AG	NOVN SW	7103065	0.51%	15,400
66	ORLEN SA	PKN PW	5810066	0.51%	78,539
67	RWE AG	RWE GR	4768962	0.51%	40,410
68	Hyundai Mobis Co Ltd	012330 KS	6449544	0.50%	8,151
69	Alkermes PLC	ALKS	G01767105	0.50%	68,624
70	Exxaro Resources Ltd	EXX SJ	6418801	0.50%	195,384
71	ISS A/S	ISS DC	BKJ9RT5	0.50%	60,193
72	Kinross Gold Corp	K CN	B03Z841	0.50%	70,576
73	Storebrand ASA	STB NO	4852832	0.50%	121,641
74	Telefonica Brasil SA	VIVT3 BZ	B6XFBX3	0.50%	324,080
75	Vodafone Group PLC	VOD LN	BH4HKS3	0.50%	1,576,484
76	TCL Electronics Holdings Ltd	1070 HK	6193788	0.49%	1,407,000
77	WH Group Ltd	288 HK	BLLHKZ1	0.49%	1,745,000
78	AP Moller - Maersk A/S	MAERSKB DC	4253048	0.49%	841
79	Malayan Banking Bhd	MAY MK	6556325	0.49%	785,800
80	NN Group NV	NN NA	BNG8PQ9	0.49%	26,121
81	Singapore Telecommunications Ltd	ST SP	B02PY11	0.49%	559,900
82	Kia Corp	000270 KS	6490928	0.48%	23,215
83	Pacific Basin Shipping Ltd	2343 HK	B01RQM3	0.48%	6,049,605
84	SBI Holdings Inc	8473 JP	6309466	0.48%	88,800
85	Seibu Holdings Inc	9024 JP	BKY6H35	0.48%	64,500
86	Cencosud SA	CENCOSUD CI	B00R3L2	0.48%	597,588
87	KASIKORNBANK PLC THB10 (NVDR)	KBANK-R TB	6364766	0.48%	316,000
88	Kingfisher PLC	KGF LN	3319521	0.48%	469,431
89	NongShim Co Ltd	004370 KS	6638115	0.47%	6,405
90	United Microelectronics Corp	2303 TT	6916628	0.47%	1,203,000
91	Tripod Technology Corp	3044 TT	6305721	0.47%	194,000
92	DBS Group Holdings Ltd	DBS SP	6175203	0.47%	45,040
93	DNB Bank ASA	DNB NO	BNG7113	0.47%	69,424
94	DNO ASA	DNO NO	B15GGN4	0.47%	1,251,045
95	Deutsche Lufthansa AG	LHA GR	5287488	0.47%	199,782
96	ORANGE S.A.	ORA FP	5176177	0.47%	116,729
97	Public Bank Bhd	PBK MK	B012W42	0.47%	1,764,100
98	Bank Polska Kasa Opieki SA	PEO PW	5473113	0.47%	32,845
99	J Sainsbury PLC	SBRY LN	B019KW7	0.47%	436,580
100	Singapore Exchange Ltd	SGX SP	6303866	0.47%	144,500
101	Tesco PLC	TSCO LN	BLGZ986	0.47%	311,945
102	ZURICH INSURANCE GROUP AG	ZURN SW	5983816	0.47%	2,568
103	Samsung SDS Co Ltd	018260 KS	BRS2KY0	0.46%	15,571
104	BOC Hong Kong Holdings Ltd	2388 HK	6536112	0.46%	382,000
105	WT Microelectronics Co Ltd	3036 TT	6290991	0.46%	387,000
106	Gentera SAB de CV	GENTERA* MM	BHWQZW1	0.46%	729,472
107	KPJ Healthcare Bhd	KPJ MK	6493585	0.46%	2,906,400
108	Norwegian Air Shuttle ASA	NAS NO	7742123	0.46%	1,072,005
109	Orkla ASA	ORK NO	B1VQF42	0.46%	167,736
110	Regis Resources Ltd	RRL AU	6476542	0.46%	384,749
111	U.S. Bank Money Market Deposit Account 06/01/2031	USBFS03	8AMMF0A84	0.46%	1,827,217
112	Vodacom Group Ltd	VOD SJ	B65B4D0	0.46%	232,235
113	Yara International ASA	YAR NO	7751259	0.46%	46,745
114	China Taiping Insurance Holdings Co Ltd	966 HK	6264048	0.45%	792,000
115	KONINKLIJKE AHOLD DELHAIZE NV	AD NA	BD0Q398	0.45%	44,200
116	Hafnia Ltd	HAFNI NO	BSY3S84	0.45%	314,839
117	Tryg A/S	TRYG DC	BXDZ972	0.45%	72,386
118	Ambev SA	ABEV3 BZ	BG7ZWY7	0.44%	687,980
119	AKER BP ASA	AKRBP NO	B1L95G3	0.44%	70,647
120	Bank Negara Indonesia Persero Tbk PT	BBNI IJ	6727121	0.44%	6,878,600
121	D/S Norden A/S	DNORD DC	B1WP656	0.44%	41,617
122	Oversea-Chinese Banking Corp Ltd	OCBC SP	B0F9V20	0.44%	120,000
123	LG Uplus Corp	032640 KS	6290902	0.43%	171,397
124	Carlsberg AS	CARLB DC	4169219	0.43%	13,320
125	Genting Singapore Ltd	GENS SP	BDRTVP2	0.43%	3,057,700
126	Iveco Group NV	IVG IM	BKPGF52	0.43%	77,459
127	KUNLUN ENERGY CO LTD	135 HK	6340078	0.42%	1,786,000
128	Kingboard Holdings Ltd	148 HK	6491318	0.42%	487,000
129	HD Hyundai Co Ltd	267250 KS	BD4HFT1	0.42%	12,291
130	Cathay Pacific Airways Ltd	293 HK	6179755	0.42%	1,121,000
131	Aneka Tambang Tbk	ANTM IJ	6053859	0.42%	9,750,600
132	Samsung E&A Co Ltd	028050 KS	6765239	0.41%	98,428
133	Geely Automobile Holdings Ltd	175 HK	6531827	0.41%	730,000
134	Powertech Technology Inc	6239 TT	6599676	0.41%	314,000
135	Japan Airlines Co Ltd	9201 JP	B8BRV46	0.41%	89,700
136	H Lundbeck A/S	HLUNB DC	BMGTJT6	0.41%	243,493
137	PTT Exploration & Production PCL	PTTEP-R TB	B1359L2	0.41%	494,800
138	ORIENT OVERSEAS INTL	316 HK	6659116	0.40%	97,000
139	Taiwan Surface Mounting Technology Corp	6278 TT	6740140	0.40%	499,000
140	Alamtri Resources Indonesia Tbk PT	ADRO IJ	B3BQFC4	0.40%	15,043,600
141	Cia Energetica de Minas Gerais	CMIG4 BZ	B1YBRG0	0.40%	783,299
142	Hoegh Autoliners ASA	HAUTO NO	BMFDP24	0.40%	167,117
143	Qantas Airways Ltd	QAN AU	6710347	0.40%	247,242
144	TMBThanachart Bank PCL	TTB-R TB	6365145	0.40%	25,797,200
145	ZIM Integrated Shipping Services Ltd	ZIM	M9T951109	0.40%	80,004
146	DB Insurance Co Ltd	005830 KS	6155937	0.39%	19,090
147	Country Garden Services Holdings Co Ltd	6098 HK	BDQZP48	0.39%	1,958,000
148	Sankyo Co Ltd	6417 JP	6775432	0.39%	95,800
149	VSTECS Holdings Ltd	856 HK	6527031	0.39%	1,590,000
150	BlueScope Steel Ltd	BSL AU	6533232	0.39%	99,489
151	Continental AG	CON GR	4598589	0.39%	20,063
152	Equinor ASA	EQNR NO	7133608	0.39%	67,880
153	Lojas Renner SA	LREN3 BZ	B0CGYD6	0.39%	604,558
154	MBRF Global Foods Company SA	MBRF3 BZ	BV8H6L2	0.39%	431,829
155	Swissquote Group Holding SA	SQN SW	B1X3KP7	0.39%	2,671
156	Swiss Re AG	SREN SW	B545MG5	0.39%	9,714
157	KT Corp	030200 KS	6505316	0.38%	44,293
158	Korea Gas Corp	036460 KS	6182076	0.38%	54,919
159	Evergreen Marine Corp Taiwan Ltd	2603 TT	6324500	0.38%	263,000
160	MISC Bhd	MISC MK	6557997	0.38%	833,700
161	QBE Insurance Group Ltd	QBE AU	6715740	0.38%	119,329
162	thyssenkrupp AG	TKA GR	5636927	0.38%	144,402
163	Empire Co Ltd	EMP/A CN	2314000	0.37%	43,875
164	Tamarack Valley Energy Ltd	TVE CN	B8J3TH5	0.37%	264,213
165	Hanwha Corp	000880 KS	6496755	0.36%	26,225
166	Wan Hai Lines Ltd	2615 TT	6932334	0.36%	571,000
167	China Resources Pharmaceutical Group Ltd	3320 HK	BYNGG26	0.36%	2,484,500
168	Air Canada	AC CN	BSDHYK1	0.36%	110,305
169	Adecco Group AG	ADEN SW	7110720	0.36%	53,462
170	ComfortDelGro Corp Ltd	CD SP	6603737	0.36%	1,321,300
171	Singapore Airlines Ltd	SIA SP	6811734	0.36%	299,900
172	Yancoal Australia Ltd	YAL AU	B84LB45	0.36%	406,258
173	United Laboratories International Holdings Ltd/The	3933 HK	B1P70H9	0.35%	886,000
174	Bavarian Nordic A/S	BAVA DC	5564619	0.35%	47,711
175	SK Telecom Co Ltd	017670 KS	6224871	0.34%	38,128
176	Arcadyan Technology Corp	3596 TT	B28SKW1	0.34%	237,000
177	Simplo Technology Co Ltd	6121 TT	6421928	0.34%	115,822
178	Coca-Cola HBC AG	CCH LN	B9895B7	0.34%	27,787
179	OMV AG	OMV AV	4651459	0.34%	24,263
180	ROCKWOOL A/S	ROCKB DC	BRJCHK4	0.34%	39,868
181	DCC PLC	DCC LN	0242493	0.33%	19,290
182	PGE Polska Grupa Energetyczna SA	PGE PW	B544PW9	0.33%	538,629
183	Sembcorp Industries Ltd	SCI SP	B08X163	0.33%	296,700
184	Compal Electronics Inc	2324 TT	6225744	0.32%	1,336,000
185	Foxconn Technology Co Ltd	2354 TT	6801779	0.32%	636,000
186	voestalpine AG	VOE AV	4943402	0.32%	28,073
187	Primax Electronics Ltd	4915 TT	B5M70F8	0.31%	497,000
188	Israel Discount Bank Ltd	DSCT IT	6451271	0.31%	109,352
189	AGL Energy Ltd	AGL AU	BSS7GP5	0.28%	184,096
190	Avolta AG	AVOL SW	B0R80X9	0.28%	19,213
191	easyJet PLC	EZJ LN	B7KR2P8	0.28%	172,774
192	Fresenius Medical Care AG	FME GR	5129074	0.28%	23,830
193	KRUNG THAI BNK LTD THB5.15(NVDR)	KTB-R TB	6361466	0.27%	1,204,000
194	Wilmar International Ltd	WIL SP	B17KC69	0.27%	454,900
195	Embracer Group AB	EMBRACB SS	BTHW926	0.26%	163,307
196	Fortum Oyj	FORTUM FH	5579550	0.26%	48,580
197	Helvetia Baloise Holding AG	HBAN SW	BK6QWF0	0.26%	4,320
198	Signify NV	LIGHT NA	BYY7VY5	0.26%	44,592
199	JTEKT Corp	6473 JP	6497082	0.25%	88,400
200	Talanx AG	TLX GR	B8F0TD6	0.25%	7,860
201	United Overseas Bank Ltd	UOB SP	6916781	0.25%	37,019
202	Venture Corp Ltd	VMS SP	6927374	0.25%	85,400
203	Gjensidige Forsikring ASA	GJF NO	B4PH0C5	0.24%	33,911
204	SATS Ltd	SATS SP	6243586	0.24%	370,900
205	Samsung Fire & Marine Insurance Co Ltd	000810 KS	6155250	0.23%	2,155
206	Yangzijiang Maritime Development Ltd	8YZ SP	BVSYC71	0.22%	1,617,900
207	Centrica PLC	CNA LN	B033F22	0.22%	398,954
208	K+S AG	SDF GR	B54C017	0.22%	63,307
209	Embotelladora Andina SA	2311454	2311454	0.21%	182,483
210	Banco Bradesco SA	BBDC4 BZ	B00FM53	0.20%	239,480
211	Leroy Seafood Group ASA	LSG NO	4691916	0.20%	168,325
212	Aurubis AG	NDA GR	5485527	0.19%	5,628
213	Jardine Cycle & Carriage Ltd	JCNC SP	6242260	0.18%	27,500
214	Danske Bank A/S	DANSKE DC	4588825	0.17%	13,782
215	Super Retail Group Ltd	SUL AU	B01C7R0	0.17%	65,742
216	Freenet AG	FNTN GR	B1SK0S6	0.16%	18,892
217	Outokumpu Oyj	OUT1V FH	4665148	0.15%	120,639
218	Parex Resources Inc	PXT CN	B575D14	0.15%	46,476
219	Perrigo Co PLC	PRGO	G97822103	0.14%	41,484
220	Yangzijiang Financial Holding Ltd	YZJFH SP	BNZKT97	0.14%	1,617,900
221	Harmony Gold Mining Co Ltd	HAR SJ	6410562	0.12%	23,342
222	HelloFresh SE	HFG GR	BYWH8S0	0.11%	67,493
223	Inmode Ltd	INMD	M5425M103	0.11%	29,663
224	Plus500 Ltd	PLUS LN	BBT3PS9	0.11%	9,869
225	Sinch AB	SINCH SS	BKP8Q11	0.11%	136,261
226	Ageas SA/NV	AGS BB	B86S2N0	0.10%	6,219
227	Coffee Stain Group AB	COFFEEB SS	BVD9HL0	0.10%	163,307
228	ICL Group Ltd	ICL	M53213100	0.10%	82,281
229	Proximus SADP	PROX BB	B00D9P6	0.10%	50,735
230	SWATCH GROUP CHF2.25(BR)	UHR SW	7184725	0.10%	1,933
231	Alior Bank SA	ALR PW	B8W8F13	0.08%	10,124
232	CaixaBank SA	CABK SM	B283W97	0.08%	27,675
233	STMicroelectronics NV	STMM S4	5962343	0.08%	11,990
234	Bank Rakyat Indonesia Persero Tbk PT	BBRI IJ	6709099	0.07%	1,305,000
235	Mapfre SA	MAP SM	B1G40S0	0.07%	61,276
236	Sandoz Group AG	SDZ SW	BLPLD38	0.07%	3,644
237	Repsol SA	REP SM	5669354	0.06%	13,500
238	Schaeffler AG	SHA0 GR	BV5F6V9	0.06%	25,211
239	Societe Generale SA	GLE FP	5966516	0.05%	2,425
240	Allianz SE	ALV GR	5231485	0.04%	390
241	Suedzucker AG	SZU GR	5784462	0.04%	14,156
242	Telecom Italia SpA/Milano	TIT IM	7634394	0.04%	285,318
243	SAMSUNG C&T CORP	028260 KS	BSXN8K7	0.03%	649
244	YTL Corp Bhd	YTL MK	6436126	0.03%	265,420
245	Swisscom AG	SCMN SW	5533976	0.02%	87
246	Sino Biopharmaceutical Ltd	1177 HK	B00XSF9	0.01%	66,155
247	JET2 PLC	JET2 LN	B1722W1	0.01%	2,237
248	CANADIAN DOLLAR	CAD	CASHCAD	0.00%	10,206
249	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	9
1	Days traded at NAV	1	0	0	2	0
2	Days traded at discount	170	34	46	48	41

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	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

$397,093,803.37

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 11/30/2025)

2.97%

12 Month Distribution Yield

4.56%

Market Price

$33.80

NAV

$33.65

Premium/Discount

0.44%

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