Tuttle Capital Daily 2X Inverse Regional Banks ETF

Investment Objective:
The Fund seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the daily performance of the KRE ETF. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.

Market Price
$
XX.XX
14.24
2.07
%
NAV Price
$
XX.XX
14.23
1.76
%
Net Assets
$
XXX,XXX,XXX
5121900
Expense Ratio
0.75
%
a group of skyscrapers in a city

Principal Investment Strategies

The Fund, under normal circumstances, invests in swap agreements that provide 200% inverse (opposite) daily exposure to KRE ETF equal to at least 80% of the Fund’s net assets (plus any borrowings for investment purposes). The Fund seeks daily leveraged inverse investment results and is very different from most other exchange-traded funds and presents different and greater risks. As a result, the Fund will be riskier than alternatives that do not use leverage because the Fund’s objective is to inversely magnify (-200%) the daily performance of the KRE ETF.

At a Glance...

As Of:
December 19, 2024
MM/DD/YYYY
Primary Exchange
NASDAQ Stock Market
Number of Holdings
5
Shares Outstanding
360000
Premium/Discount
0.09
30-Day Median Bid-Ask
0.60
ISIN
US26923N6866
Inception Date
01/03/2024
CUSIP
26923N686

Performance

As of:

December 19, 2024

MM/DD/YYYY

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Monthly
Quarterly
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As of:
MM/DD/YYYY
1 month
3 months
6 months
1 year
YTD
Since Inception
NAV
October 31, 2024
X.XX
-9.03
%
X.XX
-7.08
%
X.XX
-42.25
%
X.XX
%
X.XX
%
X.XX
-36.89
%
Market Price
October 31, 2024
X.XX
-9.3
%
X.XX
-7.28
%
X.XX
-42.35
%
X.XX
%
X.XX
%
X.XX
-36.84
%
NAV
September 30, 2024
X.XX
2.57
%
X.XX
-29.03
%
X.XX
-28.17
%
X.XX
%
X.XX
%
X.XX
-30.63
%
Market Price
September 30, 2024
X.XX
2.53
%
X.XX
-29.05
%
X.XX
-27.82
%
X.XX
%
X.XX
%
X.XX
-30.36
%

Performance Disclosure

The performance data quoted represents past performance. Past performance does not guarantee future results. 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 and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained above. Returns less than one year are not annualized.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. The Fund does not have a track record of reporting to investors or widely available research coverage which may result in price volatility.
Market performance is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Performance Data current to the most recent month end may be obtained by at (833) 759-6110.

Holdings

As of:

December 19, 2024

MM/DD/YYYY

Ticker
Security Description
CUSIP
% of Funds
Shares
Market Value
CASH AND CASH EQUIVALENTS
81.02
%
4212885
$
4212885
RECV SKRE TRS KRE EQ
151.99
%
7903384
$
7903384
RECV SKRE TRS KRE EQ
85.43
%
4442476
$
4442476
PAYB SKRE TRS KRE EQ
-141.96
%
-123586
$
-7381792
PAYB SKRE TRS KRE EQ
-76.48
%
-66584
$
-3977062
Fund holdings and allocations are subject to change and should not be considered recommendations to buy or sell any security.

Premium/Discount

As of:
December 19, 2024
MM/DD/YYYY
Premium/Discount
0.09
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Number of Days at
Premium
Days
Day
Discount
Days
Day
Both
Days
Day
Both (YTD)
Days
Day
P/D +/- 2%
Days
Day
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The performance data quoted represents past performance. Past performance does not guarantee future results.

Supplemental Discussion

Tuttle Capital Management (“Advisor”) will provide a discussion in the event the ETF’s premium or discount has been greater than 2% for seven consecutive trading days.
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