SGI Enhanced Market Leaders ETF

October 02, 2026

CURRENT MATERIALS

CURRENT MATERIALS

Overview

INCEPTION
05/05/2025
OBJECTIVE
Seek Capital Appreciation and Income
TICKER
LDRX
PRIMARY EXCHANGE
NASDAQ
CUSIP
74933W189
NET ASSETS
$258,064,652.34
PREMIUM/DISCOUNT1
-0.02%
30 DAY MEDIAN BID/ASK SPREAD2
0.25%
GROSS EXPENSE RATIO
0.50%

Market Leaders and Enhanced Yield

LDRX seeks to deliver enhanced income and capital appreciation by investing in stocks of companies it considers “market leaders”. The portfolio focuses on companies with consistent leadership in earnings, debt, and valuations, and adjusts positions based on changing risk/return profiles and idiosyncratic risks.

This active strategy aims to generate an “enhanced yield” by an options overlay. This approach seeks to generate income from premiums while keeping costs low.

LDRX may also invest in ETFs and other funds to support diversification and liquidity. With risk management at its core, the strategy seeks equity growth with income generation through options.

Why invest in LDRX?

Income Generation

Designed for investors looking to experience income derived from two distinct sets of holdings: 1) dividends that are generated from a diversified portfolio of global equities that historically generate attractive dividends, and 2) an enhanced income component derived from an ultra-short-term options strategy that seeks to provide additional daily income.

Risk Management

Managed Risk ApproachTM utilizes dynamic hedging through call options or underlying futures.

Experienced Investment Team

SGI Portfolio Managers have deep expertise in multi-asset income investing, including asset allocation, tactical positioning, and rigorous research.

Managed Risk Approach

Performance

DAILY PERFORMANCE
AS OF 2026-10-02

NAV
PRICE
$ Change
$37.18
$37.17
% Change
0.87%
0.92%

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than the performance shown. Current performance may be lower or higher than that shown here. For performance current to the most recent month-end, please call 855-744-8500.

Portfolio Managers

Aash M. Shah, CFA

Head of Investments & Sr. Portfolio Manager

David Harden, Founder

President | Portfolio Manager | Chief Executive Officer | Chief Investment Officer

Holdings as of 2026-10-02

Name
Ticker
CUSIP
Shares
Weight
Market Value
NVIDIA Corp
NVDA
67066G104
128018
11.60%
$29,949,811.10
Apple Inc
AAPL
037833100
76479
9.89%
$25,520,277.51
Microsoft Corp
MSFT
594918104
38732
7.77%
$20,044,971.96
Alphabet Inc
GOOGL
02079K305
57554
7.66%
$19,769,799.00
Amazon.com Inc
AMZN
023135106
52827
5.15%
$13,287,047.04
Broadcom Inc
AVGO
11135F101
25528
3.51%
$9,066,013.92
Meta Platforms Inc
META
30303M102
11568
3.26%
$8,422,429.44
Micron Technology Inc
MU
595112103
5907
2.46%
$6,349,375.23
Tesla Inc
TSLA
88160R101
14449
2.07%
$5,354,654.91
Advanced Micro Devices Inc
AMD
007903107
8432
2.07%
$5,345,129.12
Berkshire Hathaway Inc
BRK/B
084670702
9527
1.86%
$4,788,746.55
JPMORGAN CHASE & CO.
JPM
46625H100
14319
1.84%
$4,759,349.22
Eli Lilly & Co
LLY
532457108
4065
1.80%
$4,645,685.25
ExxonMobil Holdings Corp
XOM
30233Q108
20763
1.32%
$3,405,339.63
Johnson & Johnson
JNJ
478160104
12386
1.23%
$3,171,187.58
Visa Inc
V
92826C839
8760
1.22%
$3,159,381.60
Intel Corp
INTC
458140100
24772
1.15%
$2,956,042.76
AbbVie Inc
ABBV
00287Y109
9105
0.93%
$2,392,976.10
Walmart Inc
WMT
931142103
22782
0.92%
$2,375,251.32
Mastercard Inc
MA
57636Q104
4285
0.92%
$2,366,434.10
Cisco Systems Inc
CSCO
17275R102
20808
0.90%
$2,334,657.60
Lam Research Corp
LRCX
512807306
6423
0.86%
$2,231,928.27
Palantir Technologies Inc
PLTR
69608A108
11761
0.86%
$2,219,888.75
Applied Materials Inc
AMAT
038222105
4032
0.84%
$2,177,441.28
Chevron Corp
CVX
166764100
10129
0.81%
$2,093,563.01
Caterpillar Inc
CAT
149123101
2432
0.80%
$2,056,061.44
Costco Wholesale Corp
COST
22160K105
2200
0.78%
$2,025,430.00
Bank of America Corp
BAC
060505104
35260
0.73%
$1,895,225.00
Merck & Co Inc
MRK
58933Y105
12776
0.71%
$1,843,576.80
UnitedHealth Group Inc
UNH
91324P102
4875
0.70%
$1,813,012.50
Procter & Gamble Co/The
PG
742718109
11763
0.66%
$1,704,576.33
GE AEROSPACE
GE
369604301
5372
0.64%
$1,660,431.48
Coca-Cola Co/The
KO
191216100
19178
0.64%
$1,642,595.70
Palo Alto Networks Inc
PANW
697435105
3990
0.62%
$1,608,927.60
Home Depot Inc/The
HD
437076102
5279
0.58%
$1,493,165.15
Goldman Sachs Group Inc/The
GS
38141G104
1651
0.58%
$1,490,126.56
Netflix Inc
NFLX
64110L106
21108
0.55%
$1,415,502.48
GE Vernova Inc
GEV
36828A101
1398
0.54%
$1,382,202.60
Texas Instruments Inc
TXN
882508104
4652
0.53%
$1,366,757.60
Oracle Corp
ORCL
68389X105
9552
0.53%
$1,359,249.60
Wells Fargo & Co
WFC
949746101
16864
0.53%
$1,356,708.80
Sandisk Corp
SNDK
80004C200
766
0.51%
$1,317,512.34
RTX Corp
RTX
75513E101
7027
0.50%
$1,297,746.36
Morgan Stanley
MS
617446448
6682
0.49%
$1,271,651.42
Citigroup Inc
C
172967424
9509
0.47%
$1,221,906.50
Thermo Fisher Scientific Inc
TMO
883556102
1851
0.47%
$1,212,034.80
Arista Networks Inc
ANET
040413205
5374
0.43%
$1,114,298.90
International Business Machines Corp
IBM
459200101
4971
0.43%
$1,106,743.44
Linde PLC
LIN
G54950103
2232
0.41%
$1,070,199.36
Amgen Inc
AMGN
031162100
2555
0.40%
$1,029,767.20
QUALCOMM Inc
QCOM
747525103
5424
0.39%
$1,002,734.88
Verizon Communications Inc
VZ
92343V104
21717
0.39%
$997,244.64
Salesforce Inc
CRM
79466L302
4174
0.38%
$979,596.06
Walt Disney Co/The
DIS
254687106
9157
0.36%
$935,753.83
Charles Schwab Corp/The
SCHW
808513105
9624
0.36%
$930,640.80
Dell Technologies Inc
DELL
24703L202
1653
0.36%
$929,845.56
Gilead Sciences Inc
GILD
375558103
6326
0.35%
$915,625.24
Deere & Co
DE
244199105
1297
0.35%
$891,039.00
McDonald's Corp
MCD
580135101
3778
0.34%
$876,080.42
American Express Co
AXP
025816109
2870
0.34%
$868,978.60
Abbott Laboratories
ABT
002824100
8870
0.34%
$864,825.00
PepsiCo Inc
PEP
713448108
6807
0.33%
$856,933.23
AT&T Inc
T
00206R102
34755
0.33%
$844,546.50
NextEra Energy Inc
NEE
65339F101
10840
0.32%
$832,837.20
iShares S&P 100 ETF
OEF
464287101
2142
0.32%
$824,305.86
Blackrock Inc
BLK
09290D101
770
0.32%
$815,915.10
Union Pacific Corp
UNP
907818108
2918
0.31%
$812,021.04
Boeing Co/The
BA
097023105
4185
0.31%
$810,048.60
Pfizer Inc
PFE
717081103
27799
0.30%
$772,812.20
Uber Technologies Inc
UBER
90353T100
11128
0.29%
$757,928.08
ServiceNow Inc
NOW
81762P102
5542
0.29%
$744,733.96
ConocoPhillips
COP
20825C104
5772
0.28%
$731,601.00
Booking Holdings Inc
BKNG
09857L108
4598
0.28%
$731,173.96
Intuitive Surgical Inc
ISRG
46120E602
1859
0.28%
$728,635.05
Danaher Corp
DHR
235851102
3235
0.27%
$692,484.10
Capital One Financial Corp
COF
14040H105
3410
0.26%
$663,995.20
Bristol-Myers Squibb Co
BMY
110122108
10574
0.25%
$646,600.10
Accenture PLC
ACN
G1151C101
3163
0.24%
$629,120.70
CVS Health Corp
CVS
126650100
7102
0.24%
$614,038.92
Starbucks Corp
SBUX
855244109
6310
0.23%
$597,620.10
Medtronic PLC
MDT
G5960L103
6786
0.23%
$586,174.68
Adobe Inc
ADBE
00724F101
2162
0.20%
$513,885.78
Lowe's Cos Inc
LOW
548661107
2822
0.20%
$510,217.60
Bank of New York Mellon Corp/The
BNY
064058100
3509
0.20%
$510,208.60
Lockheed Martin Corp
LMT
539830109
976
0.19%
$493,280.16
US Bancorp
USB
902973304
8361
0.19%
$480,841.11
Duke Energy Corp
DUK
26441C204
4161
0.18%
$474,894.93
Intuit Inc
INTU
461202103
1655
0.18%
$465,187.40
Southern Co/The
SO
842587107
5490
0.18%
$459,622.80
Emerson Electric Co
EMR
291011104
2795
0.18%
$451,699.95
Comcast Corp
CMCSA
20030N101
20078
0.17%
$433,082.46
General Dynamics Corp
GD
369550108
1286
0.16%
$424,495.74
3M Co
MMM
88579Y101
2559
0.16%
$414,276.51
United Parcel Service Inc
UPS
911312106
4305
0.16%
$400,451.10
AMERICAN TOWER CORP
AMT
03027X100
2441
0.15%
$395,930.20
T-Mobile US Inc
TMUS
872590104
2300
0.15%
$376,372.00
General Motors Co
GM
37045V100
4733
0.14%
$370,451.91
Mondelez International Inc
MDLZ
609207105
6230
0.14%
$362,523.70
FedEx Corp
FDX
31428X106
1216
0.14%
$353,077.76
First American Government Obligations Fund
FGXXX
31846V336
218451.7
0.08%
$218,451.70
Cash & Other
Cash&Other
Cash&Other
205157.19
0.08%
$205,157.19
STATE ST PUT OPT 10/26 685
SPY 261009P00685000
SPY 261009P00685000
8000
0.02%
$40,000.00
SPY US 10/08/26 P685
SPY 261008P00685000
SPY 261008P00685000
771
0.00%
$2,313.00
INVESCO PUT OPT 10/26 681
QQQ 261009P00681000
QQQ 261009P00681000
-5163
-0.02%
$-41,304.00
SPY US 10/08/26 P680
SPY 261008P00680000
SPY 261008P00680000
7229
0.01%
$21,687.00
SPY US 10/07/26 P690
SPY 261007P00690000
SPY 261007P00690000
8000
0.01%
$20,000.00
SPY US 10/05/26 P675
SPY 261005P00675000
SPY 261005P00675000
5399
0.00%
$2,699.53
INVESCO PUT OPT 10/26 679
QQQ 261009P00679000
QQQ 261009P00679000
-1000
0.00%
$-12,000.00
QQQ US 10/08/26 P670
QQQ 261008P00670000
QQQ 261008P00670000
-3000
-0.01%
$-18,000.00
QQQ US 10/08/26 P665
QQQ 261008P00665000
QQQ 261008P00665000
-4000
-0.01%
$-20,000.00
QQQ US 10/07/26 P675
QQQ 261007P00675000
QQQ 261007P00675000
-3000
0.00%
$-12,000.00
QQQ US 10/07/26 P670
QQQ 261007P00670000
QQQ 261007P00670000
-5000
-0.01%
$-20,000.00
QQQ US 10/05/26 P660
QQQ 261005P00660000
QQQ 261005P00660000
-7000
-0.01%
$-14,000.00
SPY US 10/05/26 P680
SPY 261005P00680000
SPY 261005P00680000
2601
0.00%
$2,601.00
QQQ US 10/05/26 P655
QQQ 261005P00655000
QQQ 261005P00655000
-1000
0.00%
$-2,000.00
INVESCO PUT OPT 10/26 680
QQQ 261009P00680000
QQQ 261009P00680000
-1837
0.00%
$-9,185.00
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.

Historical Premium/Discount

N/A

IMPORTANT INFORMATION

1Premium/Discount If the price of the ETF is trading above its NAV, the ETF is said to be trading at a “premium.” Conversely, if the price of the ETF is trading below its NAV, the ETF is said to be trading at a “discount.” In relatively calm markets, ETF prices and NAV generally stay close.
230-Day Median Bid/Ask Spread % A calculation of the Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Important Risk Information

Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in The SGI Market Leaders ETF's Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. The Fund is a newly organized, diversified management investment company with no operating history. Securities that can be converted into common stock, such as certain securities and preferred stock, are subject to the usual risks associated with fixed income investments, such as interest rate risk and credit risk. The Fund’s investments in derivative instruments including options, forward currency exchange contracts, swaps and futures, which may be leveraged, may result in losses. Investments in derivative instruments may result in losses exceeding the amounts invested. An option is a type of derivative instrument that gives the holder the right (but not the obligation) to buy (a “call”) or sell (a “put”) an asset in the near future at an agreed upon price prior to the expiration date of the option.
The Fund’s investment performance may be affected by the investment performance of the underlying funds in which the Fund may invest. The Fund is non-diversified. Compared to other funds, the Fund may invest more of its assets in a smaller number of companies. Gains or losses on a single stock may have greater impact on the Fund.
Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Distributed by Quasar Distributors, LLC.