| ETC CABANA TARGET LEADING SECTOR MODERATE ETF |
| SCHEDULE OF INVESTMENTS (Unaudited) |
| July 31, 2025 |
| Exchange-Traded Funds — 99.8% | Shares | Fair Value |
| Commodity — 9.8% | ||
| Goldman Sachs Physical Gold ETF(a) | 345,676 | $ 11,231,013 |
| Equity — 90.0% | ||
| Consumer Staples Select Sector SPDR Fund | 332,118 | 26,496,374 |
| Financial Select Sector SPDR ETF | 316,999 | 16,601,238 |
| Invesco Nasdaq 100 ETF (b) | 152,353 | 35,432,737 |
| Technology Select Sector SPDR Fund | 92,839 | 24,392,519 |
| 102,922,868 | ||
| Total Exchange-Traded Funds (Cost $109,287,057) |
114,153,881 | |
| Total Investments — 99.8% | ||
| (Cost $109,287,057) |
114,153,881 | |
| Other Assets in Excess of Liabilities — 0.2% |
198,000 | |
| Total Net Assets — 100.0% |
$ 114,351,881 | |
| ETF | - Exchange-Traded Fund | |
| SPDR | - Standard & Poor's Depositary Receipt | |
| (a) | Non-income producing security. | |
| (b) | Represents greater than 25% of the Fund’s total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov. | |