SGI U.S. Large Cap Core ETF

July 03, 2025

CURRENT MATERIALS

CURRENT MATERIALS

Overview

INCEPTION
03/31/2023
OBJECTIVE
Long-term capital appreciation
TICKER
SGLC
PRIMARY EXCHANGE
NYSE
CUSIP
74933W593
NET ASSETS
$96,199,969.22
PREMIUM/DISCOUNT1
0.12%
30 DAY MEDIAN BID/ASK SPREAD2
0.26%
TRACKING ERROR
0.985%
TRACKING BASKET WEIGHT OVERLAP
0.92532100

SGI U.S. Large Cap Core ETF | An Actively Managed Semi-Transparent Exchange Traded Fund

As part of an evolution of the ETF space, semi-transparent ETFs disclose holdings quarterly, like a mutual fund. This allows potential for greater alpha3 to be generated by our proprietary portfolio trading strategy. Unlike traditional ETFs, we do not reveal our insights and decisions daily, minimizing the potential for other traders to engage in practices that may potentially harm the Fund and its shareholders. Like all ETFs, SGLC offers daily liquidity, is tax-efficient and has competitive expenses.

STRATEGY

We select stocks we believe exhibit less volatile stock price patterns, strengthening business metrics and a variety of attractive quantitative factors.

RISK MITIGATION

We continually review idiosyncratic risks associated with each stock and may sell if we deem these risks to be elevated due to sustainability, governance issues, negative exclusionary screening, legal risks, or if the risk/ return characteristics decline.

This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

  • You may have to pay more money to trade an ETF's shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.
  • The price you pay to buy ETF shares on an exchange may not match the value of the ETF's portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because this ETF provides less information to traders.
  • These additional risks may be even greater in bad or uncertain market conditions.
  • The SGI Large Cap Core ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes all the names of the ETF's holdings, it is not the ETF's actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about an ETF portfolio secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETFs' performance. If other traders are able to copy or predict an ETF's investment strategy, however, this may hurt the ETF's performance.

For additional information regarding the unique attributes and risks of this ETF, see the Prospectus .

Performance

DAILY PERFORMANCE
AS OF 2025-07-03

NAV
PRICE
$ Change
$34.36
$34.40
% Change
0.83%
1.08%

QUARTERLY PERFORMANCE%
as of 2025-06-30

Quarter
1 Year
Since Inception*
NAV
9.55
N/A
50.49
Market
9.39
N/A
50.03

MONTHLY PERFORMANCE%
AS OF 2025-06-30

3 Month
1 Year
Since Inception*
NAV
9.55
4.19
50.49
Market
9.39
3.75
50.03
*Inception 03/31/2023; Gross Expense Ratio 0.85% Performance greater than one year is annualized.
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time when the NAV is typically calculated. Brokerage commissions will reduce returns.

Portfolio Managers

Aash M. Shah, CFA

Head of Investments & Sr. Portfolio Manager

David Harden, Founder

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

Tracking Basket as of 2025-07-03

Name
Ticker
CUSIP
Shares
Weight
Market Value
NVIDIA Corp
NVDA
67066G104
82
7.63%
$13,065.88
Microsoft Corp
MSFT
594918104
22
6.41%
$10,974.48
Alphabet Inc
GOOGL
02079K305
49
5.14%
$8,796.97
Amazon.com Inc
AMZN
023135106
35
4.57%
$7,819.35
Meta Platforms Inc
META
30303M102
8
3.36%
$5,752.08
Booking Holdings Inc
BKNG
09857L108
1
3.34%
$5,716.80
Apple Inc
AAPL
037833100
25
3.12%
$5,338.75
Mastercard Inc
MA
57636Q104
9
2.99%
$5,123.16
Costco Wholesale Corp
COST
22160K105
5
2.88%
$4,935.10
NiSource Inc
NI
65473P105
117
2.70%
$4,628.52
Progressive Corp/The
PGR
743315103
17
2.60%
$4,448.22
Colgate-Palmolive Co
CL
194162103
46
2.49%
$4,267.88
Home Depot Inc/The
HD
437076102
9
1.95%
$3,345.12
Arista Networks Inc
ANET
040413205
31
1.86%
$3,178.12
PNC Financial Services Group Inc/The
PNC
693475105
14
1.61%
$2,751.98
Broadcom Inc
AVGO
11135F101
9
1.45%
$2,476.62
QUALCOMM Inc
QCOM
747525103
15
1.42%
$2,433.15
JPMORGAN CHASE & CO.
JPM
46625H100
8
1.38%
$2,368.00
Atmos Energy Corp
ATO
049560105
13
1.16%
$1,979.64
Berkshire Hathaway Inc
BRK/B
084670702
4
1.13%
$1,940.00
Fiserv Inc
FI
337738108
11
1.13%
$1,931.05
Tyson Foods Inc
TSN
902494103
33
1.11%
$1,892.88
Lam Research Corp
LRCX
512807306
19
1.10%
$1,877.39
CBRE Group Inc
CBRE
12504L109
13
1.09%
$1,861.34
Lockheed Martin Corp
LMT
539830109
4
1.08%
$1,850.08
Universal Health Services Inc
UHS
913903100
10
1.08%
$1,845.30
Amphenol Corp
APH
032095101
17
0.99%
$1,690.82
T-Mobile US Inc
TMUS
872590104
7
0.98%
$1,685.25
Ecolab Inc
ECL
278865100
6
0.96%
$1,644.54
Autodesk Inc
ADSK
052769106
5
0.92%
$1,583.30
Fox Corp
FOX
35137L204
26
0.79%
$1,346.02
Expand Energy Corp
EXE
165167735
12
0.76%
$1,304.88
Blackstone Inc
BX
09260D107
8
0.72%
$1,241.04
AbbVie Inc
ABBV
00287Y109
6
0.66%
$1,135.68
Intuitive Surgical Inc
ISRG
46120E602
2
0.64%
$1,088.94
Palantir Technologies Inc
PLTR
69608A108
8
0.63%
$1,074.88
Freeport-McMoRan Inc
FCX
35671D857
23
0.62%
$1,053.40
Merck & Co Inc
MRK
58933Y105
13
0.61%
$1,052.09
GE Vernova Inc
GEV
36828A101
2
0.60%
$1,034.08
Packaging Corp of America
PKG
695156109
5
0.59%
$1,011.45
Northrop Grumman Corp
NOC
666807102
2
0.59%
$1,008.40
Simon Property Group Inc
SPG
828806109
6
0.58%
$1,000.44
Allstate Corp/The
ALL
020002101
5
0.58%
$990.00
Entergy Corp
ETR
29364G103
12
0.57%
$983.04
Union Pacific Corp
UNP
907818108
4
0.55%
$945.12
Automatic Data Processing Inc
ADP
053015103
3
0.54%
$927.60
Vertex Pharmaceuticals Inc
VRTX
92532F100
2
0.54%
$919.24
Intercontinental Exchange Inc
ICE
45866F104
5
0.53%
$915.55
Verisk Analytics Inc
VRSK
92345Y106
3
0.53%
$912.18
Amgen Inc
AMGN
031162100
3
0.52%
$894.72
Incyte Corp
INCY
45337C102
13
0.52%
$889.85
Trane Technologies PLC
TT
G8994E103
2
0.51%
$874.78
VeriSign Inc
VRSN
92343E102
3
0.50%
$858.96
Ralph Lauren Corp
RL
751212101
3
0.49%
$839.43
Gilead Sciences Inc
GILD
375558103
7
0.46%
$782.25
Eli Lilly & Co
LLY
532457108
1
0.46%
$780.67
Adobe Inc
ADBE
00724F101
2
0.44%
$758.62
Aon PLC
AON
G0403H108
2
0.41%
$709.52
Centene Corp
CNC
15135B101
20
0.39%
$666.20
Newmont Corp
NEM
651639106
11
0.38%
$658.90
Lennox International Inc
LII
526107107
1
0.35%
$604.22
Yum! Brands Inc
YUM
988498101
4
0.35%
$600.00
MSCI Inc
MSCI
55354G100
1
0.34%
$587.74
Morgan Stanley
MS
617446448
4
0.34%
$576.56
Essex Property Trust Inc
ESS
297178105
2
0.33%
$568.40
Diamondback Energy Inc
FANG
25278X109
4
0.33%
$563.60
Synopsys Inc
SNPS
871607107
1
0.32%
$548.74
Ameriprise Financial Inc
AMP
03076C106
1
0.32%
$543.30
PepsiCo Inc
PEP
713448108
4
0.32%
$541.52
Carnival Corp
CCL
143658300
18
0.31%
$539.28
Moody's Corp
MCO
615369105
1
0.29%
$505.06
FedEx Corp
FDX
31428X106
2
0.28%
$482.46
Welltower Inc
WELL
95040Q104
3
0.27%
$458.31
Lowe's Cos Inc
LOW
548661107
2
0.27%
$456.62
O'Reilly Automotive Inc
ORLY
67103H107
5
0.27%
$456.65
Citigroup Inc
C
172967424
5
0.26%
$443.60
Cintas Corp
CTAS
172908105
2
0.26%
$438.72
Marsh & McLennan Cos Inc
MMC
571748102
2
0.25%
$430.16
Garmin Ltd
GRMN
H2906T109
2
0.25%
$429.54
Westinghouse Air Brake Technologies Corp
WAB
929740108
2
0.25%
$428.74
Fortinet Inc
FTNT
34959E109
4
0.25%
$422.64
Boston Scientific Corp
BSX
101137107
4
0.24%
$417.28
Danaher Corp
DHR
235851102
2
0.24%
$406.40
M&T Bank Corp
MTB
55261F104
2
0.24%
$405.16
Steel Dynamics Inc
STLD
858119100
3
0.23%
$399.72
Caterpillar Inc
CAT
149123101
1
0.23%
$397.86
Applied Materials Inc
AMAT
038222105
2
0.22%
$382.10
TJX Cos Inc/The
TJX
872540109
3
0.22%
$377.58
HCA Healthcare Inc
HCA
40412C101
1
0.22%
$376.58
NextEra Energy Inc
NEE
65339F101
5
0.22%
$369.40
Micron Technology Inc
MU
595112103
3
0.21%
$366.87
Howmet Aerospace Inc
HWM
443201108
2
0.21%
$362.12
GoDaddy Inc
GDDY
380237107
2
0.21%
$354.64
PTC Inc
PTC
69370C100
2
0.21%
$351.96
ELEVANCE HEALTH INC
ELV
036752103
1
0.20%
$347.84
Targa Resources Corp
TRGP
87612G101
2
0.20%
$347.04
Copart Inc
CPRT
217204106
7
0.20%
$345.24
Chipotle Mexican Grill Inc
CMG
169656105
6
0.20%
$342.42
Corpay Inc
CPAY
219948106
1
0.20%
$339.10
US Bancorp
USB
902973304
7
0.20%
$335.51
Dexcom Inc
DXCM
252131107
4
0.19%
$331.72
United Airlines Holdings Inc
UAL
910047109
4
0.19%
$329.44
Leidos Holdings Inc
LDOS
525327102
2
0.19%
$329.12
ONEOK Inc
OKE
682680103
4
0.19%
$328.56
American Express Co
AXP
025816109
1
0.19%
$328.13
Cadence Design Systems Inc
CDNS
127387108
1
0.19%
$326.81
UDR Inc
UDR
902653104
8
0.19%
$326.40
Zoetis Inc
ZTS
98978V103
2
0.19%
$318.36
Electronic Arts Inc
EA
285512109
2
0.18%
$310.74
Sysco Corp
SYY
871829107
4
0.18%
$308.72
UnitedHealth Group Inc
UNH
91324P102
1
0.18%
$308.55
Insulet Corp
PODD
45784P101
1
0.18%
$301.05
Devon Energy Corp
DVN
25179M103
9
0.17%
$299.07
Walmart Inc
WMT
931142103
3
0.17%
$295.08
General Dynamics Corp
GD
369550108
1
0.17%
$294.76
Salesforce Inc
CRM
79466L302
1
0.16%
$272.15
Analog Devices Inc
ADI
032654105
1
0.14%
$245.68
DoorDash Inc
DASH
25809K105
1
0.14%
$238.79
Paycom Software Inc
PAYC
70432V102
1
0.14%
$233.07
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.

Holdings as of 2025-06-30

Name
Ticker
CUSIP
Shares
Weight
Market Value
Apple, Inc.
AAPL
037833100
13395.00
3.19%
$2,860,502.25
Abbvie, Inc.
ABBV
00287Y109
3121.00
0.66%
$590,742.88
Adobe, Inc.
ADBE
00724F101
956.00
0.40%
$362,620.36
Analog Devices, Inc.
ADI
032654105
848.00
0.23%
$208,336.64
Automatic Data Processing, Inc.
ADP
053015103
1223.00
0.42%
$378,151.60
Autodesk, Inc.
ADSK
052769106
2772.00
0.98%
$877,781.52
Allstate Corporation
ALL
020002101
2579.00
0.57%
$510,642.00
Applied Materials, Inc.
AMAT
038222105
1464.00
0.31%
$279,697.20
Amgen, Inc.
AMGN
031162100
1694.00
0.56%
$505,218.56
Ameriprise Financial, Inc.
AMP
03076C106
343.00
0.21%
$186,351.90
Amazon.com, Inc.
AMZN
023135106
18823.00
4.69%
$4,205,246.43
Arista Networks, Inc.
ANET
040413205
16499.00
1.89%
$1,691,477.48
Aon PLC - Class A
AON
G0403H108
1017.00
0.40%
$360,790.92
Amphenol Corporation - Class A
APH
032095101
8911.00
0.99%
$886,288.06
Atmos Energy Corporation
ATO
049560105
6716.00
1.14%
$1,022,712.48
Broadcom, Inc.
AVGO
11135F101
4614.00
1.42%
$1,269,680.52
American Express Company
AXP
025816109
647.00
0.24%
$212,300.11
Booking Holdings, Inc.
BKNG
09857L108
286.00
1.82%
$1,635,004.80
Berkshire Hathaway, Inc. - Class B
BRKB
084670702
2017.00
1.09%
$978,245.00
Boston Scientific Corporation
BSX
101137107
1872.00
0.22%
$195,287.04
Blackstone Group, Inc.
BX
09260D107
4218.00
0.73%
$654,338.34
Citigroup, Inc.
C
172967424
2795.00
0.28%
$247,972.40
Caterpillar, Inc.
CAT
149123101
505.00
0.22%
$200,919.30
CBRE Group, Inc. - Class A
CBRE
12504L109
7527.00
1.20%
$1,077,715.86
Carnival Corporation
CCL
143658300
11575.00
0.39%
$346,787.00
Cadence Design Systems, Inc.
CDNS
127387108
575.00
0.21%
$187,915.75
Colgate-Palmolive Company
CL
194162103
23253.00
2.41%
$2,157,413.34
Chipotle Mexican Grill, Inc.
CMG
169656105
3162.00
0.20%
$180,455.34
Centene Corporation
CNC
15135B101
6145.00
0.23%
$204,689.95
Costco Wholesale Corporation
COST
22160K105
2230.00
2.45%
$2,201,054.60
Corpay, Inc.
CPAY
219948106
589.00
0.22%
$199,729.90
Copart, Inc.
CPRT
217204106
3405.00
0.19%
$167,934.60
Salesforce.com, Inc.
CRM
79466L302
655.00
0.20%
$178,258.25
Cintas Corporation
CTAS
172908105
819.00
0.20%
$179,655.84
DoorDash, Inc. - Class A
DASH
25809K105
777.00
0.21%
$185,539.83
Danaher Corporation
DHR
235851102
1115.00
0.25%
$226,568.00
Devon Energy Corporation
DVN
25179M103
5043.00
0.19%
$167,578.89
DexCom, Inc.
DXCM
252131107
1942.00
0.18%
$161,050.06
Electronic Arts, Inc.
EA
285512109
1157.00
0.20%
$179,763.09
Ecolab, Inc.
ECL
278865100
2863.00
0.88%
$784,719.67
Elevance Health Inc.
ELV
036752103
397.00
0.15%
$138,092.48
Equinix, Inc.
EQIX
29444U700
223.00
0.20%
$175,501.00
Essex Property Trust, Inc.
ESS
297178105
1216.00
0.39%
$345,587.20
Entergy Corporation
ETR
29364G103
5798.00
0.53%
$474,972.16
Expand Energy Corporation
EXE
165167735
5698.00
0.69%
$619,600.52
Diamondback Energy, Inc.
FANG
25278X109
1924.00
0.30%
$271,091.60
Freeport-McMoRan, Inc.
FCX
35671D857
13150.00
0.67%
$602,270.00
FedEx Corporation
FDX
31428X106
946.00
0.25%
$228,203.58
Fiserv, Inc.
FI
337738108
5638.00
1.10%
$989,750.90
Fox Corporation - Class B
FOX
35137L204
13385.00
0.77%
$692,941.45
Fortinet, Inc.
FTNT
34959E109
1827.00
0.22%
$193,040.82
General Dynamics Corporation
GD
369550108
627.00
0.21%
$184,814.52
Godaddy, Inc. - Class A
GDDY
380237107
980.00
0.19%
$173,773.60
GE Vernova LLC
GEV
36828A101
1089.00
0.63%
$563,056.56
Gilead Sciences, Inc.
GILD
375558103
3592.00
0.45%
$401,406.00
Alphabet, Inc. - Class A
GOOGL
02079K305
26281.00
5.26%
$4,718,227.93
Garmin Limited
GRMN
H2906T109
824.00
0.20%
$176,970.48
W. W. Grainger, Inc.
GWW
384802104
157.00
0.18%
$164,926.93
HCA Healthcare, Inc.
HCA
40412C101
562.00
0.24%
$211,637.96
Home Depot, Inc.
HD
437076102
4520.00
1.87%
$1,679,993.60
Howmet Aerospace, Inc.
HWM
443201108
969.00
0.20%
$175,447.14
Intercontinental Exchange, Inc.
ICE
45866F104
2558.00
0.52%
$468,395.38
Incyte Corporation
INCY
45337C102
6584.00
0.50%
$450,674.80
Intuitive Surgical, Inc.
ISRG
46120E602
851.00
0.52%
$463,343.97
JPMorgan Chase & Co.
JPM
46625H100
4715.00
1.56%
$1,395,640.00
KLA-Tencor Corporation
KLAC
482480100
308.00
0.32%
$284,770.64
Leidos Holdings, Inc.
LDOS
525327102
996.00
0.18%
$163,901.76
LENNOX INTL INC
LII
526107107
302.00
0.20%
$182,474.44
Eli Lilly And Company
LLY
532457108
688.00
0.60%
$537,100.96
Lockheed Martin Corporation
LMT
539830109
1731.00
0.89%
$800,622.12
Lowe's Companies, Inc.
LOW
548661107
974.00
0.25%
$222,373.94
Lam Research Corporation
LRCX
512807306
11311.00
1.25%
$1,117,639.91
Mastercard, Inc.
MA
57636Q104
4449.00
2.82%
$2,532,548.76
Moody's Corporation
MCO
615369105
359.00
0.20%
$181,316.54
Facebook, Inc. - Class A
META
30303M102
4407.00
3.53%
$3,168,677.07
Marsh & McLennan Companies, Inc.
MMC
571748102
738.00
0.18%
$158,729.04
MONOLITHIC PWR SYS INC COM
MPWR
609839105
254.00
0.21%
$192,694.56
Merck & Co., Inc.
MRK
58933Y105
7013.00
0.63%
$567,562.09
Morgan Stanley
MS
617446448
2329.00
0.37%
$335,702.06
MSCI, Inc.
MSCI
55354G100
293.00
0.19%
$172,207.82
Microsoft Corporation
MSFT
594918104
11777.00
6.55%
$5,874,838.68
M & T BANK CORP
MTB
55261F104
1026.00
0.23%
$207,847.08
Micron Technology, Inc.
MU
595112103
2033.00
0.28%
$248,615.57
NextEra Energy, Inc.
NEE
65339F101
2494.00
0.21%
$184,256.72
Newmont Corporation
NEM
651639106
6062.00
0.40%
$363,113.80
Netflix, Inc.
NFLX
64110L106
177.00
0.26%
$229,600.86
NiSource, Inc.
NI
65473P105
58571.00
2.58%
$2,317,068.76
Northrop Grumman Corporation
NOC
666807102
854.00
0.48%
$430,586.80
ServiceNow, Inc.
NOW
81762P102
170.00
0.20%
$177,597.30
NVIDIA Corporation
NVDA
67066G104
46120.00
8.20%
$7,348,760.80
Oneok, Inc.
OKE
682680103
2043.00
0.19%
$167,812.02
O'Reilly Automotive, Inc.
ORLY
67103H107
2520.00
0.26%
$230,151.60
Paycom Software, Inc.
PAYC
70432V102
641.00
0.17%
$149,397.87
PepsiCo, Inc.
PEP
713448108
2347.00
0.35%
$317,736.86
Progressive Corporation
PGR
743315103
7928.00
2.31%
$2,074,440.48
Packaging Corporation of America
PKG
695156109
2668.00
0.60%
$539,709.72
Palantir Technologies, Inc. - Class A
PLTR
69608A108
4066.00
0.61%
$546,307.76
PNC Financial Services Group Inc
PNC
693475105
7820.00
1.71%
$1,537,177.40
Insulet Corporation
PODD
45784P101
522.00
0.18%
$157,148.10
PTC, Inc.
PTC
69370C100
1004.00
0.20%
$176,683.92
Qualcom, Inc.
QCOM
747525103
7930.00
1.43%
$1,286,325.30
Ralph Lauren Corporation
RL
751212101
1649.00
0.51%
$461,406.69
Synopsys, Inc.
SNPS
871607107
367.00
0.22%
$201,387.58
Simon Property Group, Inc.
SPG
828806109
3067.00
0.57%
$511,391.58
Steel Dynamics, Inc.
STLD
858119100
1269.00
0.19%
$169,081.56
SYSCO Corporation
SYY
871829107
2352.00
0.20%
$181,527.36
TJX Companies, Inc.
TJX
872540109
1425.00
0.20%
$179,350.50
T-Mobile US, Inc.
TMUS
872590104
3236.00
0.87%
$779,067.00
Texas Pacific Land Corporation
TPL
88262P102
152.00
0.18%
$163,547.44
Targa Resources Corporation
TRGP
87612G101
1039.00
0.20%
$180,287.28
Tyson Foods, Inc. - Class A
TSN
902494103
17116.00
1.09%
$981,773.76
Trane Technologies PLC
TT
G8994E103
1161.00
0.57%
$507,809.79
United Airlines Holdings, Inc.
UAL
910047109
2137.00
0.20%
$176,003.32
UDR Inc.
UDR
902653104
4098.00
0.19%
$167,198.40
Universal Health Services, Inc. - Class B
UHS
913903100
4980.00
1.02%
$918,959.40
UnitedHealth Group, Inc.
UNH
91324P102
572.00
0.20%
$176,490.60
Union Pacific Corporation
UNP
907818108
1947.00
0.51%
$460,037.16
United Rentals, Inc.
URI
911363109
261.00
0.23%
$206,842.50
U.S. Bancorp
USB
902973304
3848.00
0.21%
$184,434.64
US BANK MMDA GLOBAL FUND SERVICES 5
USBGFS5
8AMMF0A92
202563.13
0.23%
$202,563.13
Vanguard S&P 500
VOO
922908363
218.00
0.14%
$125,397.96
Verisk Analytics, Inc.
VRSK
92345Y106
1304.00
0.44%
$396,494.24
Verisign, Inc.
VRSN
92343E102
1515.00
0.48%
$433,774.80
Vertex Pharmaceuticals, Inc.
VRTX
92532F100
1209.00
0.62%
$555,680.58
Westinghouse Air Brake Technologies
WAB
929740108
1306.00
0.31%
$279,967.22
Welltower, Inc.
WELL
95040Q104
1291.00
0.22%
$197,226.07
Walmart, Inc.
WMT
931142103
1714.00
0.19%
$168,589.04
Yum! Brands, Inc.
YUM
988498101
2167.00
0.36%
$325,050.00
Zoetis, Inc.
ZTS
98978V103
1049.00
0.19%
$166,979.82

Historical Premium/Discount

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.
3Alpha is typically used to represent the value added or subtracted by active investment management strategies. It shows how an actively managed investment portfolio performed compared with the expected portfolio returns produced simply by benchmark volatility (beta) and market changes. A positive alpha shows that an investment manager has been able to capture more of the upside movement in the benchmark while softening the downswings. A negative alpha means that the manager's strategies have caught more benchmark downside than upside.

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 U.S. Large Cap Core ETF's prospectus. Read the prospectus carefully before investing.
Diversification does not eliminate the risk of experiencing investment loss.
Investing involves risk, including possible loss of principal. The Fund is a newly organized, diversified management investment company with no operating history. The goal of the Proxy Portfolio is, during all market conditions, to track closely the daily performance of the Actual Portfolio and minimize intra-day misalignment between the performance of the Proxy Portfolio and the performance of the Actual Portfolio. The Proxy Portfolio is designed to reflect the economic exposures and the risk characteristics of the Actual Portfolio on any given trading day. Securities traded on over-the-counter (“OTC”) markets are not listed and traded on an organized exchange such as the New York Stock Exchange (“NYSE”). Generally, the volume of trading in an unlisted or OTC common stock is less than the volume of trading in an exchange-listed stock. As a result, the market liquidity of some stocks in which the Fund invests may not be as great as that of exchange-listed stocks and, if the Fund were to dispose of such stocks, the Fund may have to offer the shares at a discount from recent prices or sell the shares in small lots over an extended period of time. In addition, penny stocks and pink sheet stocks can be classified as OTC stocks. 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.
ESG investing risk is the risk stemming from the ESG factors that some Underlying Funds may apply in selecting securities. Some Underlying Funds may screen out particular companies that do not meet their ESG criteria. This may affect the Underlying Funds' and the Fund's exposure to certain companies or industries and cause the Underlying Funds to forego certain investment opportunities. The Underlying Funds' results may be lower than other funds that do not use ESG ratings and/or screen out certain companies or industries. Certain Underlying Funds may screen out companies that they believe may have higher downside risk and lower ESG ratings, but investors may differ in their views of ESG characteristics. As a result, the Underlying Funds may invest in companies that do not reflect the beliefs and values of any particular investor.
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