0001592900
2025-04-01
2026-03-31
0001592900
ck0001592900:C000235073Member
2025-04-01
2026-03-31
0001592900
ck0001592900:C000235073Member
2022-05-18
2026-03-31
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2025-04-01
2026-03-31
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2022-05-18
2026-03-31
0001592900
ck0001592900:SolactiveUSAggregateBondIndexMember
2025-04-01
2026-03-31
0001592900
ck0001592900:SolactiveUSAggregateBondIndexMember
2022-05-18
2026-03-31
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2025-04-01
2026-03-31
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2022-05-18
2026-03-31
0001592900
ck0001592900:SolactiveGBSUnitedStates1000IndexMember
2025-04-01
2026-03-31
0001592900
ck0001592900:SolactiveGBSUnitedStates1000IndexMember
2022-05-18
2026-03-31
0001592900
ck0001592900:SolactiveGBSDevelopedMarketsExNorthAmericaLargeIndexMember
2025-04-01
2026-03-31
0001592900
ck0001592900:SolactiveGBSDevelopedMarketsExNorthAmericaLargeIndexMember
2022-05-18
2026-03-31
0001592900
ck0001592900:C000235073Member
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:DomesticStockETFsMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:FixedIncomeETFsMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:CommodityDerivativeETFsMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:GlobalStockETFsMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:AlphaArchitect13MonthBoxETFMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:StateStreetSPDRSP500ETFTrustMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:StateStreetEnergySelectSectorSPDRETFMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:ISharesCoreMSCIEAFEETFMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:IShares20YearTreasuryBondETFMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:GranitesharesGoldTrustMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:AbrdnBloombergAllCommodityStrategyK1FreeETFMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:InvescoDBUSDollarIndexBullishFundMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:ISharesMSCIGlobalGoldMinersETFMember
2026-03-31
0001592900
ck0001592900:C000235073Member
ck0001592900:AmplifyJuniorSilverMinersETFMember
2026-03-31
0001592900
ck0001592900:C000235073Member
2022-05-18
2022-05-18
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2022-05-18
2022-05-18
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2022-05-18
2022-05-18
0001592900
ck0001592900:C000235073Member
2022-09-30
2022-09-30
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2022-09-30
2022-09-30
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2022-09-30
2022-09-30
0001592900
ck0001592900:C000235073Member
2022-03-31
2022-03-31
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2022-03-31
2022-03-31
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2022-03-31
2022-03-31
0001592900
ck0001592900:C000235073Member
2023-09-30
2023-09-30
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2023-09-30
2023-09-30
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2023-09-30
2023-09-30
0001592900
ck0001592900:C000235073Member
2024-03-31
2024-03-31
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2024-03-31
2024-03-31
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2024-03-31
2024-03-31
0001592900
ck0001592900:C000235073Member
2024-09-30
2024-09-30
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2024-09-30
2024-09-30
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2024-09-30
2024-09-30
0001592900
ck0001592900:C000235073Member
2025-03-31
2025-03-31
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2025-03-31
2025-03-31
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2025-03-31
2025-03-31
0001592900
ck0001592900:C000235073Member
2025-09-30
2025-09-30
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2025-09-30
2025-09-30
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2025-09-30
2025-09-30
0001592900
ck0001592900:C000235073Member
2026-03-31
2026-03-31
0001592900
ck0001592900:SolactiveGBSGlobalMarketsAllCapIndexMember
2026-03-31
2026-03-31
0001592900
ck0001592900:CustomBlendedBenchmarkMember
2026-03-31
2026-03-31
iso4217:USD
pure
ck0001592900:holding
false
0001592900
N-1A
10000
10000
10000
8917
8958
9109
10307
10524
10410
10234
10800
10357
11544
12940
11826
12575
14184
12656
12988
13798
12481
15120
16638
14024
17160
16714
14147
N-CSR
EA Series Trust
2026-03-31
Relative Sentiment Tactical Allocation ETF
Relative Sentiment Tactical Allocation ETF
MOOD
NASDAQ
https://relativesentimentetfs.com/mood-etf/
<div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.453%"><tr><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">This annual shareholder report contains important information about the Relative Sentiment Tactical Allocation ETF (the “Fund”) for the period of April 1, 2025 to March</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%"> 31, 2026</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%"> (the “Period”). You can find additional information about the Fund at https://relativesentimentetfs.com/mood-etf/. You can also request this information by contacting us at </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">(215) 330-4476</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">.</span></div></td></tr></table></div>
annual shareholder report
https://relativesentimentetfs.com/mood-etf/
(215) 330-4476
<div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:22.807%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.446%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.173%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.174%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="background-color:#ffffff;border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">WHAT WERE THE FUND COSTS FOR THE PERIOD? (based on a hypothetical $10,000 investment)</span></div></td></tr><tr><td colspan="6" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">COST OF $10,000 INVESTMENT</span></td><td colspan="6" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">COST PAID AS A PERCENTAGE OF $10,000 INVESTMENT</span></td></tr><tr><td colspan="6" style="background-color:#9bd0ef;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">$75</span></td><td colspan="6" style="background-color:#9bd0ef;border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">0.65%</span></td></tr></table></div>
75
0.0065
<div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="background-color:#ffffff;border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">HOW DID THE FUND PERFORM FOR THE PERIOD?</span></td></tr></table></div><div style="text-align:center"><img alt="2199023259481" id="i-2" src="ck0001592900-20260331_g2.jpg" style="height:278px;margin-bottom:5pt;vertical-align:text-bottom;width:729px"/></div>
<div style="margin-bottom:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.863%"><tr><td style="width:1.0%"></td><td style="width:54.303%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.924%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.347%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.926%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="background-color:#ffffff;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">PERFORMANCE</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">One Year</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Since Inception (5/18/2022)</span></div></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Relative Sentiment Tactical Allocation ETF- NAV</span></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">32.12%</span></td><td colspan="3" style="background-color:#9bd0ef;padding:0 1pt"></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">14.98%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Solactive GBS Global Markets All Cap Index</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">21.13%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">14.20%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Solactive US Aggregate Bond Index</span></div></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">3.86%</span></td><td colspan="3" style="background-color:#9bd0ef;padding:0 1pt"></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">2.28%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Custom Blended Benchmark</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">13.35%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">9.38%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 19pt 2px 1pt;text-align:justify;text-indent:13.5pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Solactive US Aggregate Bond Index</span></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">3.86%</span></td><td colspan="3" style="background-color:#9bd0ef;padding:0 1pt"></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">2.28%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 28pt 2px 1pt;text-align:justify;text-indent:13.5pt;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Solactive GBS United States 1000 Index</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">17.61%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">15.18%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Solactive GBS Developed Markets ex North America Large Index</span></div></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">21.83%</span></td><td colspan="3" style="background-color:#9bd0ef;padding:0 1pt"></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">12.73%</span></td></tr><tr><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%"> 40% Solactive U.S. Aggregate Bond Index, 30% Solactive GBS United States 1000 Index, 30% Solactive GBS Developed Markets ex North America Large & Mid Cap Index</span></div></td></tr><tr><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">The Solactive GBS Global Markets All Cap Index and the Solactive US Aggregate Bond Index are provided as broad measures of market performance. The Custom Blended Benchmark is provided as a measure of the Fund’s investment strategy and universe.</span></td></tr><tr><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. Visit https://relativesentimentetfs.com/mood-etf/ for more recent performance information.</span></div></td></tr></table></div>
2022-05-18
0.3212
0.1498
0.2113
0.1420
0.0386
0.0228
0.1335
0.0938
0.0386
0.0228
0.1761
0.1518
0.2183
0.1273
The Fund’s past performance is not a good predictor of how the Fund will perform in the future.
The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.
Visit https://relativesentimentetfs.com/mood-etf/ for more recent performance information.
Relative Sentiment Tactical Allocation ETF
Relative Sentiment Tactical Allocation ETF
MOOD
NASDAQ
https://relativesentimentetfs.com/mood-etf/
<div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.453%"><tr><td style="width:1.0%"></td><td style="width:24.037%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.037%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:22.938%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.588%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="background-color:#ffffff;border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">WHAT FACTORS INFLUENCED PERFORMANCE FOR THE PERIOD?</span></td></tr></table></div><div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">The Fund’s performance over the Period was driven by five primary factors. First, it maintained a near-continuous allocation to precious metals. Second, based on the Sub-Adviser’s sentiment-based indicators, it significantly reduced its equity exposure in March 2025, which limited losses during the April 2025 tariff-driven selloff. Third, it increased its equity allocation to over 90% during the summer, as markets entered a strong uptrend. Fourth, it gradually scaled back equities and increased its precious metals exposure in late 2025 as equities began to stall and metals prices rose sharply. And fifth, it maintained a higher allocation to non-U.S. equities during a period of sustained international outperformance. No individual allocation decisions or asset class exposures represented material detractors from Fund performance during the Period.</span></div>
<div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:23.353%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.462%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.575%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="background-color:#ffffff;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%"> KEY FUND STATISTICS (as of Period End)</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Net Assets</span></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">$107,882,228</span></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Portfolio Turnover Rate*</span></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">579%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%"># of Portfolio Holdings</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">13</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Advisory Fees Paid</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">$347,326</span></td></tr><tr><td colspan="21" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">*Portfolio turnover is not annualized and is calculated without regard to short-term securities having a maturity of less than one year. Excludes impact of in-kind transactions.</span></td></tr></table></div>
107882228
5.79
13
347326
<div style="display:inline-block;vertical-align:top;width:48.360%"><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:78.278%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.522%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">SECTOR WEIGHTING<br/>(as a % of Net Assets)</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Domestic Stock ETFs</span></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">29.3%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Fixed Income ETFs</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">27.9%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Commodity Derivative ETFs</span></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">25.8%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Global Stock ETFs</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">17.0%</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:78.278%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.522%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="background-color:#ffffff;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">TOP 10 HOLDINGS<br/>(as a % of Net Assets)</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Alpha Architect 1-3 Month Box ETF</span></td><td colspan="3" style="background-color:#9bd0ef;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">18.1%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">State Street SPDR S&P 500 ETF Trust</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">12.7%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">State Street Energy Select Sector SPDR ETF</span></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">12.5%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">iShares Core MSCI EAFE ETF</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">9.9%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">iShares 20+ Year Treasury Bond ETF</span></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">9.8%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Graniteshares Gold Trust</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">9.6%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">abrdn Bloomberg All Commodity Strategy K-1 Free ETF</span></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">8.3%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Invesco DB US Dollar Index Bullish Fund</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">5.3%</span></td></tr><tr><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">iShares MSCI Global Gold Miners ETF</span></td><td colspan="3" style="background-color:#9bd0ef;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">4.2%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Amplify Junior Silver Miners ETF</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">4.0%</span></td></tr></table></div>
0.293
0.279
0.258
0.170
0.181
0.127
0.125
0.099
0.098
0.096
0.083
0.053
0.042
0.040
<div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Material Fund Changes</span></div><div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">This is a summary of certain changes to the Fund since April 1, 2025. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by July 31, 2026, at https://relativesentimentetfs.com/mood-etf/ or upon request by calling (215) 330-4476. </span></div><div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Effective April 11, 2025, the Fund updated its strategy and related risk disclosure to reflect investments in passively- or actively-managed ETFs (including other ETFs managed by the Fund’s investment adviser and/or its affiliates) that utilize derivatives, such as options, to limit risk relative to a decline in the value of an asset or index (such as a broad-based equity index) and/or profit from a market dislocation event (also known as a tail risk event) when the asset or index suffers an extreme market decline (generally greater than 25%) within a few months accompanied by a sustained increase in expected volatility.</span></div>
https://relativesentimentetfs.com/mood-etf/
<div style="margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Effective April 11, 2025, the Fund updated its strategy and related risk disclosure to reflect investments in passively- or actively-managed ETFs (including other ETFs managed by the Fund’s investment adviser and/or its affiliates) that utilize derivatives, such as options, to limit risk relative to a decline in the value of an asset or index (such as a broad-based equity index) and/or profit from a market dislocation event (also known as a tail risk event) when the asset or index suffers an extreme market decline (generally greater than 25%) within a few months accompanied by a sustained increase in expected volatility.</span></div>
<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Availability of Additional Information</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">For additional information about the Fund, including its prospectus, financial information, holdings, and proxy information, visit https://relativesentimentetfs.com/mood-etf/. You can also request information by calling (215) 330-4476.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Householding</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Householding is an option available to certain investors of the Fund. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Householding for the Fund is available through certain broker-dealers. If you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents or you are currently enrolled in householding and wish to change your householding status, please contact your broker-dealer.</span></div>
https://relativesentimentetfs.com/mood-etf/