| ETC CABANA TARGET BETA ETF |
| SCHEDULE OF INVESTMENTS (Unaudited) |
| January 31, 2026 |
| Exchange-Traded Funds — 99.6% | Shares | Fair Value |
| Commodity — 23.7% | ||
| Goldman Sachs Physical Gold ETF(a) | 155,535 | $ 7,443,905 |
| Pimco Commodity Strategy Active ETF | 192,310 | 5,613,529 |
| 13,057,434 | ||
| Equity — 30.6% | ||
| Invesco Nasdaq 100 ETF | 22,920 | 5,868,666 |
| State Street Health Care Select Sector SPDR ETF | 37,170 | 5,751,686 |
| State Street Utilities Select Sector SPDR ETF | 120,332 | 5,204,359 |
| 16,824,711 | ||
| Fixed Income — 36.7% | ||
| iShares 3-7 Year Treasury Bond ETF | 42,120 | 5,027,022 |
| iShares 7-10 Year Treasury Bond ETF(c) | 52,627 | 5,049,034 |
| Vanguard Intermediate-Term Bond ETF | 65,160 | 5,074,009 |
| Vanguard Long-Term Bond ETF | 73,001 | 5,083,790 |
| 20,233,855 | ||
| Specialty — 8.6% | ||
| Invesco DB US Dollar Index Bullish Fund(c) | 175,950 | 4,724,258 |
| Total Exchange-Traded Funds (Cost $49,532,292) |
54,840,258 | |
| Short-Term Investments – 13.1% | ||
| Invesco Government & Agency Portfolio, Institutional Class, 3.61%(b) (d) | 7,234,075 | 7,234,075 |
|
Total Short-Term Investments (Cost $7,234,075) |
7,234,075 | |
| Total Investments — 112.7% | ||
| (Cost $56,766,367) |
62,074,333 | |
| Liabilities in Excess of Other Assets — (12.7)% |
(7,012,028) | |
| Total Net Assets — 100.0% |
$ 55,062,305 | |
| ETF | - Exchange-Traded Fund |
| SPDR | - Standard & Poor's Depositary Receipt |
| (a) | Non-income producing security. |
| (b) | Rate disclosed is the seven day effective yield as of January 31, 2026. |
| (c) | All or a portion of the security is on loan. The total fair value of the securities on loan as of January 31, 2026 was $7,109,367. |
| (d) | Security was purchased with cash received as collateral for securities on loan at January 31, 2026. Total collateral had a value of $7,234,075 at January 31, 2026. |