Aptus International Enhanced Yield ETF
Schedule of Investments
July 31, 2026 (Unaudited)

EXCHANGE TRADED FUNDS - 97.6%

Shares  

Value  
International Equity - 97.6%

Vanguard Total International Stock ETF (a)(b)

            5,753,739

    $        486,708,782
TOTAL EXCHANGE TRADED FUNDS (Cost $438,958,857)

             486,708,782






SHORT-TERM INVESTMENTS
U.S. TREASURY BILLS - 0.5%
Par  

Value  
4.01%, 07/08/2027 (b)(c)

$             2,500,000

             2,408,467
TOTAL U.S. TREASURY BILLS (Cost $2,408,771)

             2,408,467






MONEY MARKET FUNDS - 0.1%
Shares  

Value  
First American Treasury Obligations Fund - Class X, 3.60% (d)

            355,905

             355,905
TOTAL MONEY MARKET FUNDS (Cost $355,905)

             355,905






TOTAL INVESTMENTS - 98.2% (Cost $441,723,533)

             489,473,154
Other Assets in Excess of Liabilities - 1.8%
0.01812
            9,033,258
TOTAL NET ASSETS - 100.0%




    $        498,506,412


Par amount is in USD unless otherwise indicated.

Percentages are stated as a percent of net assets.

The Fund’s security classifications are defined by the Fund Adviser.




(a)

Fair value of this security exceeds 25% of the Fund’s net assets.  Additional information for this security, including the financial statements, is available from the SEC’s EDGAR database at www.sec.gov.
(b)

All or a portion of the security has been pledged as collateral for swap contracts. The fair value of assets committed as collateral as of July 31, 2026 was $239,260,700.
(c)

The rate shown is the annualized yield as of July 31, 2026.
(d)

The rate shown represents the 7-day annualized yield as of July 31, 2026.


















Aptus International Enhanced Yield ETF
Schedule of Total Return Swap Contracts
July 31, 2026 (Unaudited)

Reference Entity

Counterparty

Pay/ Receive Reference Entity

Financing Rate

Payment Frequency

Maturity Date

Notional Amount

Value/ Unrealized Appreciation (Depreciation)
RCXTGVHT (a)

Goldman Sachs

Receive

EFFR

Termination

06/16/2027


    $        64,618,224

    $        1,495,804
RCXTGVHT (a)

Goldman Sachs

Receive

EFFR

Termination

09/22/2027


         434,236,261

             7,698,907
Net Unrealized Appreciation (Depreciation)



             0
             0

$             9,194,711

There are no upfront payments or receipts associated with total return swaps in the Fund as of July 31, 2026.
EFFR - Effective Federal Funds Rate was 3.63% as of July 31, 2026.
(a) The Diversified Global Equity Volatility Harvesting Index (“RCXTGVHT” or “Index”) is a rules-based strategy that follows a systematic trading strategy that will add or subtract risk based on proprietary signals. The index is generally made up of options on Japan, London & U.S. market indices such as the Nikkei 225, FTSE 100, Nasdaq-100, and S&P 500 as well as futures on the Cboe Volatility Index (“VIX”). As of July 31, 2026, the components of the Index are provided below.



















































The underlying components of the index as of July 31, 2026 are shown below:
Description
Expiration Date
Number of Contracts Sold
Notional Amount
Concentration % of Exposure
Futures Contracts:
VIX August 2026
08/19/2026
40,822
$
739,072 
0.15%
VIX September 2026
09/16/2026
4,793
92,268
0.02%
Total Futures Contracts
831,340
0.17%
Option Contracts:
Nasdaq-100 Weekly Index P25800
08/03/2026
(127.62)
(132)
0.00%
Nasdaq-100 Weekly Index P26000
08/03/2026
(95.64)
(205)
0.00%
Nasdaq-100 Weekly Index P26700
08/03/2026
(146.45)
(139)
0.00%
Nasdaq-100 Weekly Index P27430
08/03/2026
(283.85)
(2,196)
0.00%
S&P 500 Weekly Index P7020
08/03/2026
(402.36)
(50)
0.00%
S&P 500 Weekly Index P7125
08/03/2026
(503.04)
(84)
0.00%
S&P 500 Weekly Index P7130
08/03/2026
(669.39)
(125)
0.00%
S&P 500 Weekly Index P7200
08/03/2026
(1,019.33)
(273)
0.00%
S&P 500 Weekly Index P7350
08/03/2026
(2,007.81)
(3,027)
0.00%
Nasdaq-100 Weekly Index P25600
08/04/2026
(56.81)
(206)
0.00%
Nasdaq-100 Weekly Index P25800
08/04/2026
(71.73)
(277)
0.00%
Nasdaq-100 Weekly Index P26400
08/04/2026
(97.63)
(479)
0.00%
Nasdaq-100 Weekly Index P26990
08/04/2026
(141.93)
(1,643)
0.00%
S&P 500 Weekly Index P7090
08/04/2026
(904.48)
(385)
0.00%
S&P 500 Weekly Index P7140
08/04/2026
(679.55)
(370)
0.00%
S&P 500 Weekly Index P7285
08/04/2026
(1,003.91)
(1,863)
0.00%
Nasdaq-100 Weekly Index P25500
08/05/2026
(57.38)
(328)
0.00%
Nasdaq-100 Weekly Index P26200
08/05/2026
(73.23)
(559)
0.00%
Nasdaq-100 Weekly Index P26720
08/05/2026
(94.62)
(1,481)
0.00%
S&P 500 Weekly Index P7060
08/05/2026
(401.64)
(246)
0.00%
S&P 500 Weekly Index P7100
08/05/2026
(509.66)
(382)
0.00%
S&P 500 Weekly Index P7245
08/05/2026
(669.27)
(1,537)
0.00%
Nasdaq-100 Weekly Index P26000
08/06/2026
(58.58)
(573)
0.00%
Nasdaq-100 Weekly Index P26500
08/06/2026
(70.96)
(1,317)
0.00%
S&P 500 Weekly Index P7070
08/06/2026
(407.73)
(403)
0.00%
S&P 500 Weekly Index P7210
08/06/2026
(501.95)
(1,336)
0.00%
Nasdaq-100 Weekly Index P26350
08/07/2026
(56.77)
(1,259)
0.00%
S&P 500 Weekly Index P7180
08/07/2026
(401.56)
(1,254)
0.00%
EURO STOXX 50 Weekly Index P5850
08/07/2026
(446.11)
(308)
0.00%
EURO STOXX 50 Weekly Index P5875
08/07/2026
(1,793.94)
(1,238)
0.00%
EURO STOXX 50 Weekly Index P5900
08/07/2026
(892.15)
(616)
0.00%
EURO STOXX 50 Weekly Index P5925
08/07/2026
(1,336.90)
(1,077)
0.00%
EURO STOXX 50 Weekly Index P5975
08/07/2026
(640.01)
(589)
0.00%
EURO STOXX 50 Weekly Index P6000
08/07/2026
(254.90)
(293)
0.00%
EURO STOXX 50 Weekly Index P6025
08/07/2026
(2,591.62)
(3,578)
0.00%
EURO STOXX 50 Weekly Index P6050
08/07/2026
(320.01)
(589)
0.00%
EURO STOXX 50 Weekly Index P6075
08/07/2026
(127.45)
(323)
0.00%


EURO STOXX 50 Weekly Index P6100
08/07/2026
(822.31)
(2,838)
0.00%
EURO STOXX 50 Weekly Index P6150
08/07/2026
(315.66)
(2,106)
0.00%
Nikkei 225 Index P40250
08/14/2026
(258.64)
(24)
0.00%
Nikkei 225 Index P43000
08/14/2026
(2,709.21)
(357)
0.00%
Nikkei 225 Index P43250
08/14/2026
(1,958.60)
(295)
0.00%
Nikkei 225 Index P43500
08/14/2026
(2,223.61)
(363)
0.00%
Nikkei 225 Index P44250
08/14/2026
(493.17)
(90)
0.00%
Nikkei 225 Index P44750
08/14/2026
(5,232.07)
(1,019)
0.00%
Nikkei 225 Index P45000
08/14/2026
(738.96)
(139)
0.00%
Nikkei 225 Index P45500
08/14/2026
(3,425.70)
(796)
0.00%
Nikkei 225 Index P46000
08/14/2026
(6,909.04)
(1,779)
0.00%
Nikkei 225 Index P46500
08/14/2026
(8,449.20)
(2,229)
0.00%
Nikkei 225 Index P46750
08/14/2026
(6,348.92)
(1,834)
0.00%
Nikkei 225 Index P47000
08/14/2026
(3,400.68)
(1,004)
0.00%
Nikkei 225 Index P47250
08/14/2026
(2,643.54)
(830)
0.00%
Nikkei 225 Index P47750
08/14/2026
(4,397.34)
(1,408)
0.00%
Nikkei 225 Index P48000
08/14/2026
(13,038.55)
(4,586)
0.00%
Nikkei 225 Index P48250
08/14/2026
(4,046.68)
(1,449)
0.00%
Nikkei 225 Index P48500
08/14/2026
(5,524.88)
(2,186)
0.00%
Nikkei 225 Index P48750
08/14/2026
(6,907.24)
(2,776)
0.00%
Nikkei 225 Index P49500
08/14/2026
(3,826.58)
(1,682)
0.00%
Nikkei 225 Index P50000
08/14/2026
(7,650.30)
(3,507)
0.00%
Nikkei 225 Index P52250
08/14/2026
(3,584.21)
(2,544)
0.00%
Nikkei 225 Index P53250
08/14/2026
(258.64)
(223)
0.00%
Nikkei 225 Index P54250
08/14/2026
(2,277.72)
(2,432)
0.00%
Nikkei 225 Index P54500
08/14/2026
(1,879.78)
(2,125)
0.00%
Nikkei 225 Index P54750
08/14/2026
(3,425.70)
(4,066)
0.00%
Nikkei 225 Index P55000
08/14/2026
(2,105.18)
(2,314)
0.00%
Nikkei 225 Index P56000
08/14/2026
(2,603.84)
(3,598)
0.00%
Nikkei 225 Index P56250
08/14/2026
(7,576.06)
(12,657)
0.00%
Nikkei 225 Index P56750
08/14/2026
(2,451.77)
(4,696)
0.00%
Nikkei 225 Index P56875
08/14/2026
(2,223.61)
(4,399)
0.00%
Nikkei 225 Index P57125
08/14/2026
(6,688.05)
(14,071)
0.00%
Nikkei 225 Index P57375
08/14/2026
(3,677.58)
(8,199)
0.00%
Nikkei 225 Index P57625
08/14/2026
(9,922.22)
(23,057)
-0.01%
Nikkei 225 Index P58000
08/14/2026
(7,247.85)
(16,842)
0.00%
Nikkei 225 Index P58125
08/14/2026
(3,175.34)
(8,376)
0.00%
Nikkei 225 Index P58250
08/14/2026
(4,046.68)
(10,801)
0.00%
Nikkei 225 Index P58375
08/14/2026
(978.52)
(2,765)
0.00%
Nikkei 225 Index P58750
08/14/2026
(7,419.47)
(23,299)
-0.01%
Nikkei 225 Index P58875
08/14/2026
(3,400.68)
(10,999)
0.00%
Nikkei 225 Index P59000
08/14/2026
(3,826.58)
(11,656)
0.00%
Nikkei 225 Index P59125
08/14/2026
(4,175.91)
(14,293)
0.00%
Nikkei 225 Index P59250
08/14/2026
(1,203.42)
(4,157)
0.00%
Nikkei 225 Index P59500
08/14/2026
(5,599.60)
(20,925)
-0.01%
Nikkei 225 Index P59875
08/14/2026
(2,363.96)
(9,873)
0.00%
Nikkei 225 Index P60375
08/14/2026
(1,654.75)
(7,950)
0.00%
Nikkei 225 Index P60625
08/14/2026
(3,584.21)
(18,458)
-0.01%


VIX Index C21.5
08/19/2026
(119,294.69)
(86,648)
-0.02%
VIX Index C22
08/19/2026
(63,409.94)
(43,172)
-0.01%
VIX Index C22.5
08/19/2026
(167,243.81)
(108,095)
-0.02%
VIX Index C23
08/19/2026
(146,668.03)
(89,908)
-0.02%
VIX Index C23.5
08/19/2026
(104,160.49)
(61,038)
-0.01%
VIX Index C24
08/19/2026
(161,271.22)
(88,699)
-0.02%
VIX Index C24.5
08/19/2026
(79,232.00)
(42,231)
-0.01%
VIX Index C25
08/19/2026
(204,493.78)
(103,985)
-0.02%
VIX Index C26
08/19/2026
(160,706.84)
(74,889)
-0.02%
VIX Index C27
08/19/2026
(108,655.52)
(46,505)
-0.01%
VIX Index C28
08/19/2026
(46,487.85)
(18,502)
-0.01%
VIX Index C29
08/19/2026
(7,121.87)
(2,621)
0.00%
VIX Index C30
08/19/2026
(11,481.90)
(3,846)
0.00%
VIX Index C31
08/19/2026
(9,875.56)
(3,190)
0.00%
VIX Index C35
08/19/2026
56,805.65
13,917
0.00%
VIX Index C36
08/19/2026
61,450.63
14,933
0.00%
VIX Index C37
08/19/2026
68,366.31
15,804
0.00%
VIX Index C38
08/19/2026
236,652.26
51,590
0.01%
VIX Index C39
08/19/2026
68,221.32
14,190
0.00%
VIX Index C40
08/19/2026
244,499.06
48,900
0.01%
VIX Index C42.5
08/19/2026
440,199.37
76,375
0.01%
VIX Index C45
08/19/2026
69,082.56
10,362
0.00%
VIX Index C47.5
08/19/2026
59,388.35
7,720
0.00%
VIX Index C50
08/19/2026
48,959.12
5,777
0.00%
VIX Index C55
08/19/2026
36,478.87
3,283
0.00%
FTSE 100 Index P10000
08/21/2026
(22.82)
(307)
0.00%
FTSE 100 Index P10025
08/21/2026
(40.06)
(566)
0.00%
FTSE 100 Index P10050
08/21/2026
(23.79)
(352)
0.00%
FTSE 100 Index P10075
08/21/2026
(35.52)
(574)
0.00%
FTSE 100 Index P10100
08/21/2026
(22.54)
(379)
0.00%
FTSE 100 Index P10125
08/21/2026
(21.90)
(383)
0.00%
FTSE 100 Index P10175
08/21/2026
(13.88)
(271)
0.00%
FTSE 100 Index P10225
08/21/2026
(7.35)
(163)
0.00%
FTSE 100 Index P10250
08/21/2026
(8.14)
(192)
0.00%
FTSE 100 Index P10275
08/21/2026
(25.20)
(627)
0.00%
FTSE 100 Index P10300
08/21/2026
(11.45)
(308)
0.00%
FTSE 100 Index P10325
08/21/2026
(6.94)
(196)
0.00%
FTSE 100 Index P10425
08/21/2026
(12.60)
(483)
0.00%
FTSE 100 Index P10450
08/21/2026
(5.72)
(235)
0.00%
FTSE 100 Index P9050
08/21/2026
(4.38)
(15)
0.00%
FTSE 100 Index P9125
08/21/2026
(39.11)
(132)
0.00%
FTSE 100 Index P9200
08/21/2026
(86.50)
(349)
0.00%
FTSE 100 Index P9250
08/21/2026
(21.56)
(87)
0.00%
FTSE 100 Index P9275
08/21/2026
(30.31)
(122)
0.00%
FTSE 100 Index P9300
08/21/2026
(138.65)
(653)
0.00%
FTSE 100 Index P9400
08/21/2026
(69.24)
(373)
0.00%
FTSE 100 Index P9425
08/21/2026
(73.56)
(396)
0.00%
FTSE 100 Index P9450
08/21/2026
(82.09)
(442)
0.00%


FTSE 100 Index P9475
08/21/2026
(77.67)
(470)
0.00%
FTSE 100 Index P9500
08/21/2026
(107.44)
(651)
0.00%
FTSE 100 Index P9525
08/21/2026
(97.96)
(593)
0.00%
FTSE 100 Index P9550
08/21/2026
(244.65)
(1,646)
0.00%
FTSE 100 Index P9600
08/21/2026
(71.62)
(482)
0.00%
FTSE 100 Index P9625
08/21/2026
(17.31)
(128)
0.00%
FTSE 100 Index P9650
08/21/2026
(7.41)
(55)
0.00%
FTSE 100 Index P9700
08/21/2026
(84.88)
(685)
0.00%
FTSE 100 Index P9725
08/21/2026
(21.03)
(184)
0.00%
FTSE 100 Index P9750
08/21/2026
(0.63)
(5)
0.00%
FTSE 100 Index P9775
08/21/2026
(76.79)
(723)
0.00%
FTSE 100 Index P9800
08/21/2026
(21.02)
(198)
0.00%
FTSE 100 Index P9825
08/21/2026
(51.23)
(517)
0.00%
FTSE 100 Index P9850
08/21/2026
(57.23)
(616)
0.00%
FTSE 100 Index P9875
08/21/2026
(18.16)
(195)
0.00%
FTSE 100 Index P9900
08/21/2026
(63.64)
(728)
0.00%
FTSE 100 Index P9925
08/21/2026
(61.53)
(745)
0.00%
FTSE 100 Index P9950
08/21/2026
(33.09)
(423)
0.00%
FTSE 100 Index P9975
08/21/2026
(108.59)
(1,388)
0.00%
Nikkei 225 Index P38500
09/11/2026
(2,924.11)
(1,396)
0.00%
Nikkei 225 Index P38750
09/11/2026
(2,736.74)
(1,461)
0.00%
Nikkei 225 Index P39250
09/11/2026
(2,484.78)
(1,373)
0.00%
Nikkei 225 Index P40250
09/11/2026
(1,209.07)
(744)
0.00%
Nikkei 225 Index P40750
09/11/2026
(2,002.95)
(1,308)
0.00%
Nikkei 225 Index P42250
09/11/2026
(3,762.82)
(2,741)
0.00%
Nikkei 225 Index P42500
09/11/2026
(1,369.25)
(998)
0.00%
Nikkei 225 Index P42750
09/11/2026
(385.40)
(317)
0.00%
Nikkei 225 Index P43000
09/11/2026
(1,755.85)
(1,478)
0.00%
Nikkei 225 Index P43500
09/11/2026
(763.05)
(685)
0.00%
Nikkei 225 Index P44000
09/11/2026
(969.67)
(895)
0.00%
Nikkei 225 Index P46000
09/11/2026
(754.57)
(953)
0.00%
Nikkei 225 Index P50250
09/11/2026
(2,924.11)
(6,244)
0.00%
Nikkei 225 Index P51000
09/11/2026
(5,221.52)
(12,461)
0.00%
Nikkei 225 Index P52000
09/11/2026
(1,209.07)
(3,341)
0.00%
Nikkei 225 Index P52500
09/11/2026
(2,002.95)
(6,227)
0.00%
Nikkei 225 Index P54000
09/11/2026
(2,195.56)
(8,411)
0.00%
Nikkei 225 Index P54250
09/11/2026
(1,567.26)
(6,349)
0.00%
Nikkei 225 Index P54500
09/11/2026
(1,369.25)
(5,676)
0.00%
Nikkei 225 Index P54750
09/11/2026
(1,755.85)
(7,719)
0.00%
Nikkei 225 Index P55000
09/11/2026
(385.40)
(1,694)
0.00%
Nikkei 225 Index P55500
09/11/2026
(969.67)
(4,720)
0.00%
Nikkei 225 Index P55750
09/11/2026
(573.99)
(2,956)
0.00%
Nikkei 225 Index P56250
09/11/2026
(189.07)
(1,045)
0.00%
Nikkei 225 Index P57250
09/11/2026
(754.57)
(4,881)
0.00%
VIX Index C24.5
09/16/2026
(17,023.73)
(20,616)
-0.01%
VIX Index C25
09/16/2026
(10,833.36)
(12,652)
0.00%
VIX Index C26
09/16/2026
(20,060.69)
(21,625)
-0.01%
VIX Index C27
09/16/2026
(13,648.18)
(13,757)
0.00%


VIX Index C28
09/16/2026
(13,877.83)
(13,156)
0.00%
VIX Index C29
09/16/2026
(17,023.73)
(15,191)
0.00%
VIX Index C30
09/16/2026
(10,833.36)
(9,187)
0.00%
VIX Index C31
09/16/2026
(2,657.88)
(2,147)
0.00%
VIX Index C32
09/16/2026
(7,206.93)
(5,534)
0.00%
VIX Index C50
09/16/2026
67,047.80
26,015
0.00%
VIX Index C55
09/16/2026
46,117.90
15,357
0.00%
FTSE 100 Index P10000
09/18/2026
(6.86)
(291)
0.00%
FTSE 100 Index P10025
09/18/2026
(13.75)
(601)
0.00%
FTSE 100 Index P10050
09/18/2026
(2.32)
(105)
0.00%
FTSE 100 Index P10075
09/18/2026
(1.55)
(73)
0.00%
FTSE 100 Index P10150
09/18/2026
(2.70)
(145)
0.00%
FTSE 100 Index P10250
09/18/2026
(10.30)
(679)
0.00%
FTSE 100 Index P9150
09/18/2026
(5.53)
(86)
0.00%
FTSE 100 Index P9175
09/18/2026
(16.41)
(265)
0.00%
FTSE 100 Index P9250
09/18/2026
(8.24)
(139)
0.00%
FTSE 100 Index P9325
09/18/2026
(16.26)
(306)
0.00%
FTSE 100 Index P9400
09/18/2026
(10.86)
(219)
0.00%
FTSE 100 Index P9450
09/18/2026
(18.89)
(394)
0.00%
FTSE 100 Index P9525
09/18/2026
(24.01)
(549)
0.00%
FTSE 100 Index P9550
09/18/2026
(26.71)
(629)
0.00%
FTSE 100 Index P9575
09/18/2026
(21.41)
(519)
0.00%
FTSE 100 Index P9650
09/18/2026
(1.58)
(43)
0.00%
FTSE 100 Index P9675
09/18/2026
(4.69)
(129)
0.00%
FTSE 100 Index P9700
09/18/2026
(2.36)
(67)
0.00%
FTSE 100 Index P9800
09/18/2026
(4.64)
(150)
0.00%
FTSE 100 Index P9850
09/18/2026
(3.10)
(106)
0.00%
FTSE 100 Index P9875
09/18/2026
(0.79)
(28)
0.00%
FTSE 100 Index P9925
09/18/2026
(7.74)
(297)
0.00%
FTSE 100 Index P9950
09/18/2026
(1.18)
(47)
0.00%
Total Options Contracts
(1,001,760)
-0.20%
Cash
Cash
499,024,905
100.03%
Total Underlying Positions
$
498,854,485 
100.00%


Summary of Fair Value Disclosure as of July 31, 2026 (Unaudited)

Aptus International Enhanced Yield 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 July 31, 2026:



Level 1

Level 2

Level 3

Total
Investments:







  Exchange Traded Funds
    $        486,708,782

    $        –

    $        –

    $        486,708,782
  U.S. Treasury Bills
            –

            2,408,467

            –

            2,408,467
  Money Market Funds
            355,905

            –

            –

            355,905
Total Investments
    $        487,064,687

    $        2,408,467

    $        –

    $        489,473,154

Other Financial Instruments:







  Total Return Swaps *
    $        –

    $        9,194,711

    $        –

    $        9,194,711
Total Other Financial Instruments
    $        –

    $        9,194,711

    $        –

    $        9,194,711

* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of July 31, 2026.




 

Refer to the Schedule of Investments and Schedule of Toal Return Swap Contracts for further disaggregation of investment categories.