1
QUARTERLY REPORT
T-REX 2X INVERSE DRAM DAILY TARGET ETF
Schedule of InvestmentsAugust 31, 2026 (unaudited)
|
Other Assets, Net of Liabilities - 100.00%(A) |
|
$7,676,754 |
|
TOTAL NET ASSETS - 100.00% |
|
$7,676,754 |
|
|
|
|
|
SWAP CONTRACTS |
|
|
|
TOTAL RETURN SWAP CONTRACTS |
|
|
|
Counterparty |
|
Reference |
|
Pay/Receive |
|
Financing |
|
Pay/Receive |
|
Termination |
|
Notional |
|
Unrealized |
|
|
Clear Street Derivatives, LLC. |
|
Roundhill Memory ETF |
|
Pay |
|
OBFR01(B) |
|
Quarterly |
|
8/2/2028 |
|
$(15,354,579 |
) |
$(261,273 |
) |
|
TOTAL RETURN SWAP CONTRACTS |
|
$(15,354,579 |
) |
$(261,273 |
) |
||||||||||
(A)Includes cash which is being held as collateral for total return swap contracts.
(B)OBFR01 - Overnight Bank Funding Rate, 3.63% as of August 31, 2026.
In accordance with U.S. GAAP, “fair value” is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used in determining the value of a Fund’s investments. U.S. GAAP establishes a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining 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.
2
QUARTERLY REPORT
T-REX 2X INVERSE DRAM DAILY TARGET ETF
Schedule of Investments - continuedAugust 31, 2026 (unaudited)
The following summarizes the inputs used to value the Fund’s investments as of August 31, 2026:
|
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Net Unrealized Depreciation of Total Return Swap Contracts |
|
$— |
|
$(261,273 |
) |
$— |
|
$(261,273 |
) |
|
|
|
$— |
|
$(261,273 |
) |
$— |
|
$(261,273 |
) |