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

01/16/2026

Fund Details

VIDI

CUSIP

26922A404

Net Assets

$411,123,426.37

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

4.05%

Market Price

$35.37

NAV

$35.44

Premium/Discount

-0.20%

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	2.36%	104,000
1	OceanaGold Corp	OGC CN	BQXQY26	0.96%	122,603
2	Mobvista Inc	1860 HK	BHR7002	0.93%	1,646,000
3	Industrias Penoles SAB de CV	PE&OLES* MM	2448200	0.85%	58,158
4	Samsung Electronics Co Ltd	005930 KS	6771720	0.83%	33,779
5	Ramelius Resources Ltd	RMS AU	6586872	0.75%	1,013,585
6	Perseus Mining Ltd	PRU AU	B02FBC1	0.72%	757,279
7	Volvo Car AB	VOLCARB SS	BRS7SK7	0.70%	828,170
8	L&K Engineering Co Ltd	6139 TT	6432607	0.67%	148,000
9	Sigurd Microelectronics Corp	6257 TT	6672964	0.67%	633,000
10	Vestas Wind Systems A/S	VWS DC	BN4MYF5	0.63%	89,777
11	Powertech Technology Inc	6239 TT	6599676	0.62%	305,000
12	Cemex SAB de CV	CEMEXCPO MM	2406457	0.62%	2,043,948
13	Genmab A/S	GMAB DC	4595739	0.61%	7,368
14	Jyske Bank A/S	JYSK DC	B0386J1	0.61%	17,054
15	UOL Group Ltd	UOL SP	6916844	0.61%	319,100
16	Aisin Corp	7259 JP	6010702	0.60%	127,400
17	Bayer AG	BAYN GR	5069211	0.60%	51,058
18	El Al Israel Airlines	ELAL IT	6632140	0.60%	435,424
19	Jazz Pharmaceuticals PLC	JAZZ	G50871105	0.60%	14,659
20	Nokia Oyj	NOKIA FH	5902941	0.60%	370,737
21	Garrett Motion Inc	GTX	366505105	0.59%	131,437
22	Latam Airlines Group SA	LTM CI	2518932	0.59%	83,585,782
23	Zhen Ding Technology Holding Ltd	4958 TT	B734XQ4	0.58%	434,000
24	Yue Yuen Industrial Holdings Ltd	551 HK	6586537	0.58%	1,059,000
25	Finning International Inc	FTT CN	2339177	0.58%	38,532
26	Banco Santander SA	SAN SM	5705946	0.58%	195,756
27	Credicorp Ltd	BAP	G2519Y108	0.57%	7,322
28	Cia de Saneamento de Minas Gerais Copasa MG	CSMG3 BZ	B0YBZJ2	0.57%	279,682
29	NKT A/S	NKT DC	7106354	0.57%	18,813
30	RBH BANK BHD	RHBBANK MK	6244675	0.57%	1,159,200
31	RWE AG	RWE GR	4768962	0.57%	39,231
32	SSAB AB	SSABB SS	B17H3F6	0.57%	286,619
33	Vibra Energia SA	VBBR3 BZ	BPBLV81	0.57%	489,538
34	Kia Corp	000270 KS	6490928	0.56%	22,449
35	Hyundai Mobis Co Ltd	012330 KS	6449544	0.56%	7,914
36	AMMB Holdings Bhd	AMM MK	6047023	0.56%	1,421,700
37	Astra International Tbk PT	ASII IJ	B800MQ5	0.56%	5,512,400
38	Kinross Gold Corp	K CN	B03Z841	0.56%	68,513
39	Norsk Hydro ASA	NHY NO	B11HK39	0.56%	276,910
40	Toyo Tire Corp	5105 JP	6900182	0.55%	79,500
41	Aneka Tambang Tbk	ANTM IJ	6053859	0.55%	9,465,700
42	Banco Comercial Portugues SA	BCP PL	BZCNN35	0.55%	2,167,674
43	Bank Leumi Le-Israel BM	LUMI IT	6076425	0.55%	91,362
44	IHH Healthcare Bhd	IHH MK	B83X6P8	0.54%	1,081,600
45	Magna International Inc	MG CN	2554475	0.54%	40,426
46	Magazine Luiza SA	MGLU3 BZ	B4975P9	0.54%	1,405,021
47	Power Corp of Canada	POW CN	2697701	0.54%	42,639
48	Cash & Other	Cash&Other	Cash&Other	0.54%	2,232,078
49	Hankook Tire & Technology Co Ltd	161390 KS	B7T5KQ0	0.53%	51,326
50	United Microelectronics Corp	2303 TT	6916628	0.53%	1,167,000
51	AerCap Holdings NV	AER	N00985106	0.53%	15,379
52	Old Mutual Ltd	OMU SJ	BDVPYN5	0.53%	2,435,368
53	Hanwha Corp	000880 KS	6496755	0.52%	25,461
54	Exxaro Resources Ltd	EXX SJ	6418801	0.52%	189,683
55	ISS A/S	ISS DC	BKJ9RT5	0.52%	58,441
56	Novartis AG	NOVN SW	7103065	0.52%	14,770
57	Tiger Brands Ltd	TBS SJ	B0J4PP2	0.52%	102,702
58	Telkom Indonesia Persero Tbk PT	TLKM IJ	BD4T6W7	0.52%	9,829,800
59	United Tractors Tbk PT	UNTR IJ	6230845	0.52%	1,163,000
60	Brother Industries Ltd	6448 JP	6146500	0.51%	100,700
61	Alps Alpine Co Ltd	6770 JP	6021500	0.51%	161,000
62	SBI Holdings Inc	8473 JP	6309466	0.51%	86,400
63	China Taiping Insurance Holdings Co Ltd	966 HK	6264048	0.51%	769,200
64	Alkermes PLC	ALKS	G01767105	0.51%	65,794
65	BANCO BILBAO VIZCAYA	BBVA SM	5501906	0.51%	86,733
66	Holcim AG	HOLN SW	7110753	0.51%	21,381
67	Malayan Banking Bhd	MAY MK	6556325	0.51%	763,000
68	Minth Group Ltd	425 HK	B0RJCG9	0.50%	502,000
69	Fresenius SE & Co KGaA	FRE GR	4352097	0.50%	35,284
70	ORLEN SA	PKN PW	5810066	0.50%	75,303
71	Telekom Malaysia Bhd	T MK	6868398	0.50%	1,078,500
72	TIM SA/Brazil	TIMS3 BZ	BN71RB6	0.50%	485,248
73	Vodafone Group PLC	VOD LN	BH4HKS3	0.50%	1,530,636
74	HD Korea Shipbuilding & Offshore Engineering Co Ltd	009540 KS	6446620	0.49%	6,727
75	Cencosud SA	CENCOSUD CI	B00R3L2	0.49%	580,168
76	Bouygues SA	EN FP	4002121	0.49%	38,700
77	Public Bank Bhd	PBK MK	B012W42	0.49%	1,712,800
78	Storebrand ASA	STB NO	4852832	0.49%	118,094
79	Johnson Electric Holdings Ltd	179 HK	BP4JH17	0.48%	532,000
80	DBS Group Holdings Ltd	DBS SP	6175203	0.48%	43,240
81	DNO ASA	DNO NO	B15GGN4	0.48%	1,214,555
82	iA Financial Corp Inc	IAG CN	BJ2ZH37	0.48%	15,719
83	NN Group NV	NN NA	BNG8PQ9	0.48%	25,357
84	TE Connectivity PLC	TEL	G87052109	0.48%	8,219
85	Vodacom Group Ltd	VOD SJ	B65B4D0	0.48%	225,457
86	Pacific Basin Shipping Ltd	2343 HK	B01RQM3	0.47%	5,871,605
87	BOC Hong Kong Holdings Ltd	2388 HK	6536112	0.47%	370,000
88	Alamtri Resources Indonesia Tbk PT	ADRO IJ	B3BQFC4	0.47%	14,604,200
89	Aptiv PLC	APTV	G3265R107	0.47%	24,625
90	BlueScope Steel Ltd	BSL AU	6533232	0.47%	96,579
91	Chubb Ltd	CB	H1467J104	0.47%	6,468
92	Kingfisher PLC	KGF LN	3319521	0.47%	455,778
93	KPJ Healthcare Bhd	KPJ MK	6493585	0.47%	2,821,600
94	ORANGE S.A.	ORA FP	5176177	0.47%	113,326
95	Regis Resources Ltd	RRL AU	6476542	0.47%	373,501
96	Singapore Exchange Ltd	SGX SP	6303866	0.47%	140,200
97	HD Hyundai Co Ltd	267250 KS	BD4HFT1	0.46%	11,932
98	WH Group Ltd	288 HK	BLLHKZ1	0.46%	1,695,000
99	AKER BP ASA	AKRBP NO	B1L95G3	0.46%	68,588
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	Deutsche Lufthansa AG	LHA GR	5287488	0.46%	193,959
104	AP Moller - Maersk A/S	MAERSKB DC	4253048	0.46%	816
105	Singapore Telecommunications Ltd	ST SP	B02PY11	0.46%	543,400
106	Telefonica Brasil SA	VIVT3 BZ	B6XFBX3	0.46%	314,654
107	Yara International ASA	YAR NO	7751259	0.46%	45,381
108	Samsung SDS Co Ltd	018260 KS	BRS2KY0	0.45%	15,119
109	Tripod Technology Corp	3044 TT	6305721	0.45%	186,000
110	Oversea-Chinese Banking Corp Ltd	OCBC SP	B0F9V20	0.45%	116,500
111	Bank Negara Indonesia Persero Tbk PT	BBNI IJ	6727121	0.44%	6,677,600
112	D/S Norden A/S	DNORD DC	B1WP656	0.44%	40,408
113	Hafnia Ltd	HAFNI NO	BSY3S84	0.44%	305,655
114	Orkla ASA	ORK NO	B1VQF42	0.44%	162,845
115	Bank Polska Kasa Opieki SA	PEO PW	5473113	0.44%	31,888
116	ZURICH INSURANCE GROUP AG	ZURN SW	5983816	0.44%	2,493
117	Kingboard Holdings Ltd	148 HK	6491318	0.43%	472,500
118	WT Microelectronics Co Ltd	3036 TT	6290991	0.43%	376,000
119	Ambev SA	ABEV3 BZ	BG7ZWY7	0.43%	667,374
120	PTT Exploration & Production PCL	PTTEP-R TB	B1359L2	0.43%	480,400
121	J Sainsbury PLC	SBRY LN	B019KW7	0.43%	423,884
122	Tryg A/S	TRYG DC	BXDZ972	0.43%	70,278
123	NongShim Co Ltd	004370 KS	6638115	0.42%	6,197
124	TCL Electronics Holdings Ltd	1070 HK	6193788	0.42%	1,366,000
125	Carlsberg AS	CARLB DC	4169219	0.42%	12,933
126	H Lundbeck A/S	HLUNB DC	BMGTJT6	0.42%	236,405
127	Stellantis NV	STLAM IM	BMD8KX7	0.42%	178,697
128	Tesco PLC	TSCO LN	BLGZ986	0.42%	302,875
129	LG Uplus Corp	032640 KS	6290902	0.41%	166,187
130	Cathay Pacific Airways Ltd	293 HK	6179755	0.41%	1,087,000
131	KONINKLIJKE AHOLD DELHAIZE NV	AD NA	BD0Q398	0.41%	42,913
132	Equinor ASA	EQNR NO	7133608	0.41%	65,900
133	Genting Singapore Ltd	GENS SP	BDRTVP2	0.41%	2,968,800
134	thyssenkrupp AG	TKA GR	5636927	0.41%	140,194
135	Samsung E&A Co Ltd	028050 KS	6765239	0.40%	94,365
136	KUNLUN ENERGY CO LTD	135 HK	6340078	0.40%	1,738,000
137	Seibu Holdings Inc	9024 JP	BKY6H35	0.40%	62,500
138	Japan Airlines Co Ltd	9201 JP	B8BRV46	0.40%	87,100
139	Hoegh Autoliners ASA	HAUTO NO	BMFDP24	0.40%	162,241
140	Iveco Group NV	IVG IM	BKPGF52	0.40%	75,200
141	Norwegian Air Shuttle ASA	NAS NO	7742123	0.40%	1,040,737
142	Qantas Airways Ltd	QAN AU	6710347	0.40%	240,012
143	TMBThanachart Bank PCL	TTB-R TB	6365145	0.40%	25,036,500
144	ZIM Integrated Shipping Services Ltd	ZIM	M9T951109	0.40%	77,671
145	VSTECS Holdings Ltd	856 HK	6527031	0.39%	1,526,000
146	DB Insurance Co Ltd	005830 KS	6155937	0.38%	18,460
147	KT Corp	030200 KS	6505316	0.38%	43,001
148	Geely Automobile Holdings Ltd	175 HK	6531827	0.38%	709,000
149	MISC Bhd	MISC MK	6557997	0.38%	809,500
150	Evergreen Marine Corp Taiwan Ltd	2603 TT	6324500	0.37%	255,000
151	Country Garden Services Holdings Co Ltd	6098 HK	BDQZP48	0.37%	1,903,000
152	Sankyo Co Ltd	6417 JP	6775432	0.37%	92,900
153	Air Canada	AC CN	BSDHYK1	0.37%	107,083
154	Cia Energetica de Minas Gerais	CMIG4 BZ	B1YBRG0	0.37%	760,389
155	MBRF Global Foods Co SA	MBRF3 BZ	BV8H6L2	0.37%	419,397
156	QBE Insurance Group Ltd	QBE AU	6715740	0.37%	115,838
157	Tamarack Valley Energy Ltd	TVE CN	B8J3TH5	0.37%	256,492
158	Taiwan Surface Mounting Technology Corp	6278 TT	6740140	0.36%	484,000
159	Adecco Group AG	ADEN SW	7110720	0.36%	51,905
160	ComfortDelGro Corp Ltd	CD SP	6603737	0.36%	1,282,800
161	Continental AG	CON GR	4598589	0.36%	19,478
162	Swissquote Group Holding SA	SQN SW	B1X3KP7	0.36%	2,595
163	Swiss Re AG	SREN SW	B545MG5	0.36%	9,430
164	ORIENT OVERSEAS INTL	316 HK	6659116	0.35%	93,000
165	Bavarian Nordic A/S	BAVA DC	5564619	0.35%	46,322
166	Lojas Renner SA	LREN3 BZ	B0CGYD6	0.35%	586,938
167	Singapore Airlines Ltd	SIA SP	6811734	0.35%	291,100
168	Yancoal Australia Ltd	YAL AU	B84LB45	0.35%	394,380
169	SK Telecom Co Ltd	017670 KS	6224871	0.34%	37,017
170	Korea Gas Corp	036460 KS	6182076	0.34%	53,317
171	China Resources Pharmaceutical Group Ltd	3320 HK	BYNGG26	0.34%	2,411,500
172	Coca-Cola HBC AG	CCH LN	B9895B7	0.34%	26,980
173	Empire Co Ltd	EMP/A CN	2314000	0.34%	42,594
174	Wan Hai Lines Ltd	2615 TT	6932334	0.33%	555,000
175	OMV AG	OMV AV	4651459	0.33%	23,557
176	Sembcorp Industries Ltd	SCI SP	B08X163	0.33%	288,000
177	PGE Polska Grupa Energetyczna SA	PGE PW	B544PW9	0.32%	522,959
178	Compal Electronics Inc	2324 TT	6225744	0.31%	1,296,000
179	Arcadyan Technology Corp	3596 TT	B28SKW1	0.31%	230,000
180	United Laboratories International Holdings Ltd/The	3933 HK	B1P70H9	0.31%	862,000
181	Simplo Technology Co Ltd	6121 TT	6421928	0.31%	112,822
182	Israel Discount Bank Ltd	DSCT IT	6451271	0.31%	106,176
183	ROCKWOOL A/S	ROCKB DC	BRJCHK4	0.31%	38,707
184	Primax Electronics Ltd	4915 TT	B5M70F8	0.30%	482,000
185	voestalpine AG	VOE AV	4943402	0.30%	27,255
186	Foxconn Technology Co Ltd	2354 TT	6801779	0.28%	617,000
187	DCC PLC	DCC LN	0242493	0.27%	18,728
188	JTEKT Corp	6473 JP	6497082	0.26%	85,700
189	Avolta AG	AVOL SW	B0R80X9	0.26%	18,653
190	easyJet PLC	EZJ LN	B7KR2P8	0.26%	167,749
191	Fortum Oyj	FORTUM FH	5579550	0.26%	47,165
192	KRUNG THAI BNK LTD THB5.15(NVDR)	KTB-R TB	6361466	0.26%	1,168,400
193	Signify NV	LIGHT NA	BYY7VY5	0.26%	43,293
194	SATS Ltd	SATS SP	6243586	0.26%	360,000
195	Venture Corp Ltd	VMS SP	6927374	0.26%	82,900
196	Wilmar International Ltd	WIL SP	B17KC69	0.26%	441,800
197	AGL Energy Ltd	AGL AU	BSS7GP5	0.25%	178,712
198	Helvetia Baloise Holding AG	HBAN SW	BK6QWF0	0.25%	4,196
199	United Overseas Bank Ltd	UOB SP	6916781	0.25%	35,919
200	Fresenius Medical Care AG	FME GR	5129074	0.24%	23,137
201	Talanx AG	TLX GR	B8F0TD6	0.24%	7,632
202	Centrica PLC	CNA LN	B033F22	0.23%	387,352
203	Aurubis AG	NDA GR	5485527	0.23%	5,465
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	Gjensidige Forsikring ASA	GJF NO	B4PH0C5	0.22%	32,920
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	Danske Bank A/S	DANSKE DC	4588825	0.16%	13,382
214	Freenet AG	FNTN GR	B1SK0S6	0.15%	18,341
215	Outokumpu Oyj	OUT1V FH	4665148	0.15%	117,121
216	Perrigo Co PLC	PRGO	G97822103	0.15%	40,276
217	Parex Resources Inc	PXT CN	B575D14	0.15%	45,118
218	Super Retail Group Ltd	SUL AU	B01C7R0	0.15%	63,819
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	Yangzijiang Financial Holding Ltd	YZJFH SP	BNZKT97	0.11%	1,570,900
223	Ageas SA/NV	AGS BB	B86S2N0	0.10%	6,039
224	ICL Group Ltd	ICL	M53213100	0.10%	79,881
225	Inmode Ltd	INMD	M5425M103	0.10%	28,797
226	Proximus SADP	PROX BB	B00D9P6	0.10%	49,256
227	Sinch AB	SINCH SS	BKP8Q11	0.10%	132,299
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	U.S. Bank Money Market Deposit Account 06/01/2031	USBFS03	8AMMF0A84	0.09%	357,940
231	CaixaBank SA	CABK SM	B283W97	0.08%	26,870
232	STMicroelectronics NV	STMM S4	5962343	0.08%	11,643
233	Alior Bank SA	ALR PW	B8W8F13	0.07%	9,830
234	Bank Rakyat Indonesia Persero Tbk PT	BBRI IJ	6709099	0.07%	1,267,100
235	Mapfre SA	MAP SM	B1G40S0	0.07%	59,488
236	Sandoz Group AG	SDZ SW	BLPLD38	0.07%	3,537
237	Schaeffler AG	SHA0 GR	BV5F6V9	0.07%	24,478
238	Repsol SA	REP SM	5669354	0.06%	13,105
239	Societe Generale SA	GLE FP	5966516	0.05%	2,357
240	Allianz SE	ALV GR	5231485	0.04%	378
241	Suedzucker AG	SZU GR	5784462	0.04%	13,745
242	Telecom Italia SpA/Milano	TIT IM	7634394	0.04%	277,004
243	SAMSUNG C&T CORP	028260 KS	BSXN8K7	0.03%	629
244	INDONESIAN RUPIAH	IDR	CASHIDR	0.03%	1,866,223,312
245	YTL Corp Bhd	YTL MK	6436126	0.03%	257,920
246	Swisscom AG	SCMN SW	5533976	0.02%	85
247	Sino Biopharmaceutical Ltd	1177 HK	B00XSF9	0.01%	64,155
248	JET2 PLC	JET2 LN	B1722W1	0.01%	2,171
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 2025	First Quarter 2026
0	Days traded at premium	69	3
1	Days traded at NAV	2	0
2	Days traded at discount	180	8

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

$411,123,426.37

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

4.05%

Market Price

$35.37

NAV

$35.44

Premium/Discount

-0.20%

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