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semi- annual shareholder report
MRP SynthEquity ETF
SNTH
NYSEArca
This
<span id="xdx_90B_eoef--ShareholderReportAnnualOrSemiAnnual_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_zlmMGfqzbZt6">semi-annual shareholder report</span> contains important information about the MRP SynthEquity ETF (the "Fund") for the period January 1,
2026 to June 30, 2026.
semi-annual shareholder report
You can find additional information about the Fund at <span id="xdx_909_eoef--AddlInfoWebsite_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_zyilOrrb0lbi">www.SynthEquityETF.com</span>. You can also request this
information by contacting us at <span id="xdx_90C_eoef--AddlInfoPhoneNumber_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_zpVjT52P4AJ4">(844) 874-7383</span> or by writing to the MRP SynthEquity ETF, c/o U.S. Bank Global Fund Services,
P.O. Box 701, Milwaukee, Wisconsin 53201-0701.
www.SynthEquityETF.com
(844) 874-7383
<p id="xdx_804_eoef--ExpensesTextBlock_hoef--ClassAxis__custom--C000257943Member_zMAryBDPtGFl" style="font: 700 11pt/1.4 Gotham Narrow-Bold,Arial; margin: -6pt 0 0; text-align-last: auto; display: block; min-height: 20.52px; align-content: center; line-height: 20.53px; box-sizing: border-box; color: #231f20; text-indent: 0">What were the Fund costs for the past six months?</p>
<p style="font: 10pt/1.4 Gotham Narrow-Light,Arial; margin: -4pt 0 2pt; text-align-last: auto; display: block; min-height: 18.67px; align-content: center; line-height: 18.66px; box-sizing: border-box; color: #4f4f4f; text-align: left; text-indent: 0"><span style="box-sizing: border-box; font-size: 9pt; font-weight: normal">(based on a hypothetical $10,000 investment)</span>
</p>
<div style="box-sizing: border-box; text-align-last: auto">
<div style="box-sizing: border-box; text-align-last: auto; padding-top: 0">
<div style="box-sizing: border-box; text-align-last: auto">
<table style="box-sizing: border-box; width: 100%; table-layout: auto; border-collapse: collapse; line-height: normal">
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<th style="border-bottom: #4f4f4f 1.4pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 700 8pt Gotham Narrow-Bold,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #231f20; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Fund Name</span>
</div>
</th>
<th style="border-bottom: #4f4f4f 1.4pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 700 8pt Gotham Narrow-Bold,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #231f20; text-indent: 0; text-align: center"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Costs of a $10,000 investment</span>
</div>
</th>
<th style="border-bottom: #4f4f4f 1.4pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 700 8pt Gotham Narrow-Bold,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #231f20; text-indent: 0; text-align: center"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Costs paid as a percentage of a $10,000 investment</span>
</div>
</th>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_987_eoef--ClassName_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_zRa3DHRuseZg" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">MRP SynthEquity ETF</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98D_eoef--ExpensesPaidAmt_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_zn0zuZWfLKTi" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: center"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">$49</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: center"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal"><span id="xdx_90B_eoef--ExpenseRatioPct_dp_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_fKg_____z2UVPc4iY9S8">0.95</span>%*</span>
</div>
</td>
</tr>
</table>
</div>
</div>
</div>
<table cellpadding="0" cellspacing="0" style="font: normal 8pt/1.4 Gotham Narrow-Light,Arial; color: #4f4f4f; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td id="xdx_F05_ziKBnIsNwb3j" style="width: 15pt; text-align: right">*</td><td style="width: 5pt"></td><td id="xdx_F1D_zlPqeuVh3ROc" style="text-align: justify">Costs paid as a percentage of $10,000 is an annualized figure.</td>
</tr></table>
<p style="font: 8pt/1.4 Gotham Narrow-Light,Arial; margin: -10pt 0 4pt; box-sizing: border-box; text-align-last: auto; display: block; color: #4f4f4f; text-align: left; text-indent: 0"> </p>
MRP SynthEquity ETF
49
0.0095
<p id="xdx_805_eoef--AddlFundStatisticsTextBlock_hoef--ClassAxis__custom--C000257943Member_zzTvW1Y5lvjh" style="font: 700 13pt/1.4 Gotham Narrow-Bold,Arial; margin: -4pt 0 0; text-align-last: auto; display: block; min-height: 24.26px; align-content: center; line-height: 24.26px; box-sizing: border-box; color: #231f20; text-indent: 0">Key Fund Statistics</p>
<p style="font: 10pt/1.4 Gotham Narrow-Light,Arial; margin: -4pt 0 4pt; text-align-last: auto; display: block; min-height: 18.67px; align-content: center; line-height: 18.66px; box-sizing: border-box; color: #4f4f4f; text-align: left; text-indent: 0"><span style="box-sizing: border-box; font-size: 9pt; font-weight: normal">(as of </span><span style="box-sizing: border-box; font-size: 9pt"><span style="box-sizing: border-box; font-weight: normal">June 30, 2026</span>
</span><span style="box-sizing: border-box; font-size: 9pt; font-weight: normal">)</span>
</p>
<div style="box-sizing: border-box; text-align-last: auto">
<div style="box-sizing: border-box; text-align-last: auto; padding-top: 0">
<div style="box-sizing: border-box; text-align-last: auto">
<table style="box-sizing: border-box; width: 100%; table-layout: fixed; border-collapse: collapse; line-height: normal">
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Fund Size (Thousands)</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98A_eus-gaap--AssetsNet_iE_pn3n3_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_zzvaUxaqXI76" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">$243,507</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Number of Holdings</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_984_eoef--HoldingsCount_iI_uHoldings_c20260630__oef--ClassAxis__custom--C000257943Member_zE1sanoz3kkc" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">12</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Total Advisory Fee</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_988_eoef--AdvisoryFeesPaidAmt_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_znpW67nEBfgf" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">$704,796</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Portfolio Turnover Rate</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_989_eus-gaap--InvestmentCompanyPortfolioTurnover_dp_c20260101__20260630__oef--ClassAxis__custom--C000257943Member_zHpF3XztMf33" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">13%</span>
</div>
</td>
</tr>
</table>
</div>
</div>
</div>
243507000
12
704796
0.13
<p id="xdx_804_eoef--HoldingsTableTextBlock_hoef--ClassAxis__custom--C000257943Member_zSn2z10LIzUi" style="font: 700 13pt/13pt Gotham Narrow-Bold,Arial; margin: 16pt 0 0; text-align-last: auto; display: block; min-height: 17.33px; align-content: center; box-sizing: border-box; color: #231f20; text-indent: 0">Security Type - Investments</p>
<p style="font: 10pt/13pt Gotham Narrow-Light,Arial; margin: 2pt 0 0; text-align-last: auto; display: block; min-height: 17.95px; align-content: center; box-sizing: border-box; color: #4f4f4f; text-align: left; text-indent: 0"><span style="box-sizing: border-box; font-size: 9pt; font-weight: normal">(% of Total Net Assets)</span>
</p>
<div style="box-sizing: border-box; text-align-last: auto">
<div style="box-sizing: border-box; text-align-last: auto">
<div style="box-sizing: border-box; text-align-last: auto; display: flex; justify-content: center">
<div style="box-sizing: border-box; text-align-last: auto; padding-top: 0">
<div style="box-sizing: border-box; text-align-last: auto">
<table style="margin: 0; padding: 0; box-sizing: border-box; width: fit-content; table-layout: fixed; border-collapse: collapse; display: none">
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">sector</div>
</td>
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">%</div>
</td>
</tr>
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">U.S. Treasury Securities</div>
</td>
<td style="box-sizing: border-box">
<div id="xdx_989_eoef--PctOfNav_iI_c20260630__oef--ClassAxis__custom--C000257943Member__us-gaap--InvestmentTypeAxis__us-gaap--USTreasurySecuritiesMember_zLRY6OARfj01" style="box-sizing: border-box; text-align-last: auto; font-weight: normal">0.766</div>
</td>
</tr>
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">Purchased Call Options</div>
</td>
<td style="box-sizing: border-box">
<div id="xdx_982_eoef--PctOfNav_iI_c20260630__oef--ClassAxis__custom--C000257943Member__us-gaap--InvestmentTypeAxis__custom--PurchasedCallOptionsMember_z5EFdSDytSrf" style="box-sizing: border-box; text-align-last: auto; font-weight: normal">0.146</div>
</td>
</tr>
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">Purchased Put Options</div>
</td>
<td style="box-sizing: border-box">
<div id="xdx_989_eoef--PctOfNav_iI_c20260630__oef--ClassAxis__custom--C000257943Member__us-gaap--InvestmentTypeAxis__custom--PurchasedPutOptionsMember_zwAU65HSaoR4" style="box-sizing: border-box; text-align-last: auto; font-weight: normal">0.001</div>
</td>
</tr>
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">Cash & Other</div>
</td>
<td style="box-sizing: border-box">
<div id="xdx_98F_eoef--PctOfNav_iI_c20260630__oef--ClassAxis__custom--C000257943Member__us-gaap--InvestmentTypeAxis__custom--CashAndOtherMember_zzGVFAHXMFQi" style="box-sizing: border-box; text-align-last: auto; font-weight: normal">0.087</div>
</td>
</tr>
</table>
</div>
</div><img alt="bar" src="qes1f951mt8vsyxs.jpg" style="box-sizing: border-box; width: 240pt; height: auto"/>
</div>
</div>
</div>
<p style="font: 700 13pt/13pt Gotham Narrow-Bold,Arial; margin: 8pt 0 0; text-align-last: auto; display: block; min-height: 17.33px; align-content: center; box-sizing: border-box; color: #231f20; text-indent: 0">Security Type - Other Financial Instruments</p>
<p style="font: 10pt/13pt Gotham Narrow-Light,Arial; margin: 2pt 0 12pt; text-align-last: auto; display: block; min-height: 17.95px; align-content: center; box-sizing: border-box; color: #4f4f4f; text-align: left; text-indent: 0"><span style="box-sizing: border-box; font-size: 9pt; font-weight: normal">(% of Total Net Assets)</span>
</p>
<p style="font: 10pt/13pt Gotham Narrow-Light,Arial; margin: 2pt 0 -12pt; box-sizing: border-box; text-align-last: auto; display: block; color: #4f4f4f; text-align: left; text-indent: 0"><span style="box-sizing: border-box; font-size: 9pt"></span>
</p>
<div style="box-sizing: border-box; text-align-last: auto">
<div style="font: 8pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-align: left; text-indent: 0">
<div style="box-sizing: border-box; text-align-last: auto; padding-top: 0">
<div style="box-sizing: border-box; text-align-last: auto">
<table style="margin: 0; padding: 0; box-sizing: border-box; width: fit-content; table-layout: fixed; border-collapse: collapse; display: none">
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">sector</div>
</td>
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">%</div>
</td>
</tr>
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">Written Put Options</div>
</td>
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal"><span id="xdx_902_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__us-gaap--InvestmentTypeAxis__custom--WrittenPutOptionsMember_fKg_____zNom02BB9eIh">(0.0%)</span><sup>*</sup></div>
</td>
</tr>
<tr style="box-sizing: border-box">
<td style="box-sizing: border-box">
<div style="box-sizing: border-box; text-align-last: auto; font-weight: normal">Written Call Options</div>
</td>
<td style="box-sizing: border-box">
<div id="xdx_983_eoef--PctOfNav_iI_dp_c20250630__oef--ClassAxis__custom--C000257943Member__us-gaap--InvestmentTypeAxis__custom--WrittenCallOptionsMember_zESeGH2MFZdc" style="box-sizing: border-box; text-align-last: auto; font-weight: normal">(0.4%)</div>
</td>
</tr>
</table>
</div>
</div><img alt="bar" src="qes1f951mt8wes04.jpg" style="box-sizing: border-box; width: 100%; height: auto"/>
</div>
</div>
<table cellpadding="0" cellspacing="0" style="font: 8pt/1.4 Gotham Narrow-Light,Arial; color: #4f4f4f; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 15pt; text-align: right"><span id="xdx_F0F_zizyW8TEVzr9" style="font-weight: normal">*</span></td><td style="width: 5pt"></td><td style="text-align: justify"><span id="xdx_F18_znx4ltXfq3b9" style="font-weight: normal">Does not round to 0.1% or (0.1%), as applicable.</span></td>
</tr></table>
0.766
0.146
0.001
0.087
-0.000
-0.004
<div id="xdx_80A_eoef--LargestHoldingsTableTextBlock_hoef--ClassAxis__custom--C000257943Member_zNtuOZJBSzT3" style="box-sizing: border-box; text-align-last: auto; position: relative">
<p style="font: 700 18pt/1.4 Gotham Narrow-Bold,Arial; margin: -8pt 0 0; text-align-last: auto; display: block; min-height: 33.6px; align-content: center; line-height: 33.6px; box-sizing: border-box; color: #231f20; text-indent: 0">What did the Fund invest in?</p>
<p style="font: 10pt/1.4 Gotham Narrow-Light,Arial; margin: -6pt 0 0; text-align-last: auto; display: block; min-height: 18.67px; align-content: center; line-height: 18.66px; box-sizing: border-box; color: #4f4f4f; text-align: left; text-indent: 0"><span style="box-sizing: border-box; font-size: 9pt; font-weight: normal">(as of </span><span style="box-sizing: border-box; font-size: 9pt"><span style="box-sizing: border-box; font-weight: normal">June 30, 2026</span>
</span><span style="box-sizing: border-box; font-size: 9pt; font-weight: normal">)</span>
</p>
<p style="font: 10pt/1.4 Gotham Narrow-Light,Arial; margin: 0 0 8pt; box-sizing: border-box; text-align-last: auto; display: block; color: #4f4f4f; text-align: left; text-indent: 0"><span style="box-sizing: border-box; font-size: 9pt"></span>
</p>
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<div style="box-sizing: border-box; text-align-last: auto; position: relative">
<p style="font: 10pt/1.4 Gotham Narrow-Light,Arial; margin: -24pt 0 8pt; box-sizing: border-box; text-align-last: auto; display: block; color: #4f4f4f; text-align: left; text-indent: 0"> </p>
<div style="box-sizing: border-box; text-align-last: auto">
<div style="font: 10pt Gotham Narrow-Light,Arial; margin: -8pt 0 0; box-sizing: border-box; text-align-last: auto; padding-top: 0; color: #4f4f4f; text-align: left; text-indent: 0">
<div style="box-sizing: border-box; text-align-last: auto">
<table style="box-sizing: border-box; width: 100%; table-layout: auto; border-collapse: collapse; line-height: normal">
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<th style="border-bottom: #4f4f4f 1.4pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 700 13pt Gotham Narrow-Bold,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #231f20; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Top Ten Holdings</span>
</div>
</th>
<th style="border-bottom: #4f4f4f 1.4pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 700 13pt Gotham Narrow-Bold,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #231f20; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">(% of Total Net Assets)</span>
</div>
</th>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">United States Treasury Note/Bond, 4.38%, 12/15/2026</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98D_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--UnitedStatesTreasuryNoteBond43812152026Member_zrahVNPU1Yqb" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">19.3%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">United States Treasury Note/Bond, 4.25%, 03/15/2027</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_982_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--UnitedStatesTreasuryNoteBond42503152027Member_z7AArj2aaoy8" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">19.1%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">United States Treasury Note/Bond, 4.63%, 09/15/2026</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98D_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--UnitedStatesTreasuryNoteBond46309152026Member_z7WSMDXQAc12" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">19.1%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">United States Treasury Note/Bond, 3.75%, 06/30/2027</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98E_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--UnitedStatesTreasuryNoteBond37506302027Member_ze12YLwhMIq7" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">19.0%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">State Street SPDR S&P 500 ETF Trust</span>
</div>
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Purchased Call Option, Expiration: 6/17/2027; Exercise Price: $735.00</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_983_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--StateStreetSPDRSAndP500ETFTrustPurchasedCallOptionExpiration6172027ExercisePrice73500Member_zu4nYML8F3Wi" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">10.2%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">State Street SPDR S&P 500 ETF Trust</span>
</div>
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Purchased Call Option, Expiration: 6/17/2027; Exercise Price: $840.00</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98E_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--StateStreetSPDRSAndP500ETFTrustPurchasedCallOptionExpiration6172027ExercisePrice84000Member_zwcpgkKQ80Ik" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">2.8%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">S&P 500 Index Purchased Call Option, Expiration: 12/31/2026; Exercise Price: $4,000.00</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98C_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--SAndP500IndexPurchasedCallOptionExpiration12312026ExercisePrice400000Member_zGMldzJwcJGf" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">1.6%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">S&P 500 Index Purchased Put Option, Expiration: 12/31/2026; Exercise Price: $7,000.00</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div id="xdx_98B_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--SAndP500IndexPurchasedPutOptionExpiration12312026ExercisePrice700000Member_zfc1KkkBsJ4c" style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: normal">0.1%</span>
</div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">State Street SPDR S&P 500 ETF Trust</span>
</div>
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Purchased Call Option, Expiration: 6/17/2027; Exercise Price: $780.00</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="font-weight: normal"><span id="xdx_907_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--StateStreetSPDRSAndP500ETFTrustPurchasedCallOptionExpiration6172027ExercisePrice78000Member_fKg_____zCEbNwYniNHl">0.0%</span><sup>*</sup></span></div>
</td>
</tr>
<tr style="box-sizing: border-box; height: auto; line-height: normal">
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">S&P 500 Index Written Put Option,</span>
</div>
<div style="font: bold 9pt Gotham Narrow-Medium,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: left"><span style="box-sizing: border-box; display: inline-block; min-height: 1px; min-width: 1px; font-weight: bold">Expiration: 12/31/2026; Exercise Price: $4,000.00</span>
</div>
</td>
<td style="border-bottom: #4f4f4f 1pt solid; box-sizing: border-box; line-height: normal">
<div style="font: 9pt Gotham Narrow-Light,Arial; margin: 0; box-sizing: border-box; text-align-last: auto; color: #4f4f4f; text-indent: 0; text-align: right"><span style="font-weight: normal"><span id="xdx_90D_eoef--PctOfNav_iI_dp_c20260630__oef--ClassAxis__custom--C000257943Member__oef--LargestHoldingAxis__custom--SAndP500IndexWrittenPutOptionExpiration12312026ExercisePrice400000Member_fKg_____zRdWzrmKlEB5">(0.0%)</span><sup>*</sup></span></div>
</td>
</tr>
</table>
</div>
</div>
</div>
<table cellpadding="0" cellspacing="0" style="font: 8pt/1.4 Gotham Narrow-Light,Arial; color: #4f4f4f; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 15pt; text-align: right"><span id="xdx_F07_zq4g6qk576Yg" style="font-weight: normal">*</span></td><td style="width: 5pt"></td><td style="text-align: justify"><span id="xdx_F1F_z24BRjhFSPV9" style="font-weight: normal">Does not round to 0.1% or (0.1%), as applicable.</span></td>
</tr></table>
</div>
0.193
0.191
0.191
0.190
0.102
0.028
0.016
0.001
0.000
-0.000