Schedule of Investments
ARK DIET Q4 Buffer ETF
April 30, 2026 (Unaudited)
| Investments | Shares | Value | ||||||||||
| EXCHANGE - TRADED FUND - 93.0% | ||||||||||||
| Equity Fund - 93.0% | ||||||||||||
| ARK Innovation ETF*† | ||||||||||||
| (Cost $3,015,855) | 34,447 | $ | 2,612,460 | |||||||||
| Number
of Contracts | Notional
Amount | Value | ||||||||||
| PURCHASED OPTIONS – 11.1% | ||||||||||||
| Calls – Exchange-Traded – 2.3% | ||||||||||||
| ARK Innovation ETF | ||||||||||||
| Expiration: 9/30/26; Exercise Price: $90.62 | 222 | 2,011,764 | 63,768 | |||||||||
| Puts – Exchange-Traded – 8.8% | ||||||||||||
| ARK Innovation ETF | ||||||||||||
| Expiration: 9/30/26; | ||||||||||||
| Exercise Price: $86.30 | 171 | 1,475,730 | 245,961 | |||||||||
| Total
PURCHASED OPTIONS (Cost $473,452) | 309,729 | |||||||||||
| MONEY MARKET FUND–0.8% | ||||||||||||
| Goldman Sachs Financial Square Treasury Obligations Fund, 3.54% (a) | ||||||||||||
| (Cost $23,696) | 23,696 | 23,696 | ||||||||||
| Total Investments–104.9% | ||||||||||||
| (Cost $3,513,003) | 2,945,885 | |||||||||||
| Liabilities in Excess of Other Assets–(4.9)% | (136,308 | ) | ||||||||||
| Net Assets–100.0% | $ | 2,809,577 | ||||||||||
| Number
of Contracts | Notional
Amount | Value | ||||||||||
| Written Option – (4.8)% | ||||||||||||
| Calls – Exchange-Traded – (4.8)% | ||||||||||||
| ARK Innovation ETF | ||||||||||||
| Expiration: 9/30/26; Exercise Price: $86.30 | ||||||||||||
| (Cost $(534,369)) | (346 | ) | (2,985,980 | ) | (136,161 | ) | ||||||
| † | Affiliated security |
| * | Non-income producing security |
| (a) | Rate shown represents annualized 7-day yield as of April 30, 2026. |
Schedule of Investments (continued)
ARK DIET Q4 Buffer ETF
April 30, 2026 (Unaudited)
Affiliated Issuer Transactions
An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities, or a company that is under common ownership or control. Period-to-date transactions with companies which are or were affiliates are as follows:
| Value
($) at 9/30/2025(a) | Purchases Cost ($) | Sales
Proceeds ($) | Net
Realized Gain/(Loss) on investments in affiliated securities ($) | Net
Change in Unrealized Appreciation (Depreciation) on investments in affiliated securities ($) | Net
Change in Unrealized Appreciation (Depreciation) on investments in non-affiliated securities ($) | Affiliated Dividend Income ($) | Capital
Gain Distributions ($) | Number
of Shares at 4/30/2026 | Value
($) at 4/30/2026(a) | ||||||||||||||||||||||||||||||
| Exchange - Traded Fund — 93.0% | |||||||||||||||||||||||||||||||||||||||
| Equity Fund — 93.0% | |||||||||||||||||||||||||||||||||||||||
| ARK Innovation ETF | |||||||||||||||||||||||||||||||||||||||
| – | 5,015,418 | (1,936,280 | ) | (63,283 | ) | (403,395 | ) | – | – | – | 34,447 | 2,612,460 | |||||||||||||||||||||||||||
| $ | – | $ | 5,015,418 | $ | (1,936,280 | ) | $ | (63,283 | ) | $ | (403,395 | ) | $ | – | $ | – | $ | – | 34,447 | $ | 2,612,460 | ||||||||||||||||||
| (a) | The fair value and number of shares of securities are only displayed at the beginning and end of each reporting period when such securities were considered an affiliate as of each date. Refer to the Schedule of Investments to view the fair value and number of shares as of April 30, 2026. |
Fair Value Measurement
The Fund discloses the fair value of its investments in a hierarchy that distinguishes between: (i) market participant assumptions developed based on market data obtained from sources independent of the Fund (observable inputs) and (ii) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows:
• Level 1 — Quoted prices in active markets for identical assets.
• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
• Level 3 — Significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the valuations as of April 30, 2026, based upon the three levels defined above:
| ARK DIET Q4 Buffer ETF | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Assets | ||||||||||||||||
| Exchange - Traded Fund | $ | 2,612,460 | $ | – | $ | – | $ | 2,612,460 | ||||||||
| Purchased Options | – | 309,729 | – | 309,729 | ||||||||||||
| Money Market Fund | 23,696 | – | – | 23,696 | ||||||||||||
| Total | $ | 2,636,156 | $ | 309,729 | $ | – | $ | 2,945,885 | ||||||||
| Liabilities | ||||||||||||||||
| Written Option | – | (136,161 | ) | – | (136,161 | ) | ||||||||||
| Total | $ | – | $ | (136,161 | ) | $ | – | $ | (136,161 | ) | ||||||