Corgi U.S. Materials 2x Daily ETF

Schedule of Investments

June 30, 2026 (Unaudited)

MONEY MARKET FUNDS - 9.3%

Shares

Value

First American Government Obligations Fund - Class X, 3.57% (a)

79,200

$        79,200

TOTAL MONEY MARKET FUNDS (Cost $79,200)

79,200

TOTAL INVESTMENTS - 9.3% (Cost $79,200)

79,200

Other Assets in Excess of Liabilities - 90.7%

0.90657

768,451

TOTAL NET ASSETS - 100.0%

$        847,651

Percentages are stated as a percent of net assets.

(a)						The rate shown represents the 7-day annualized yield as of June 30, 2026.

Corgi U.S. Materials 2x Daily ETF

Schedule of Total Return Swap Contracts

June 30, 2026 (Unaudited)

Reference Entity

Counterparty

Pay/ Receive Reference Entity

Financing Rate

Payment Frequency

Maturity Date

Notional Amount

Value/ Unrealized Appreciation (Depreciation)

State Street Materials Select Sector SPDR ETF

Cantor Fitzgerald & Co.

Receive

OBFR + 2.00%

Termination

12/01/2027

$        1,696,655

$        (4,812)

Net Unrealized Appreciation (Depreciation)

0

0

(4,812)

There are no upfront payments or receipts associated with total return swaps in the Fund as of June 30, 2026.

OBFR - Overnight Bank Funding Rate was 3.63% as of June 30, 2026.

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Summary of Fair Value Disclosure as of June 30, 2026 (Unaudited)

 

Corgi U.S. Materials 2x Daily ETF has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund’s securities as of June 30, 2026:

Level 1

Level 2

Level 3

Total

Assets:

Investments:

Money Market Funds

$        79,200

$        –

$        –

$        79,200

Total Investments

$        79,200

$        –

$        –

$        79,200

Liabilities:

Other Financial Instruments:

Total Return Swaps *

$        –

$        (4,812)

$        –

$        (4,812)

Total Other Financial Instruments

$        –

$        (4,812)

$        –

$        (4,812)

* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of June 30, 2026.

						Refer to the Schedule of Investments for further disaggregation of investment categories.