Fund Summary

01

Fact Sheet
Investment Case
White Paper

01

Prospectus
Summary Prospectus
Statement of Additional Information

02 Data as of 05/25/2023

Primary Exchange NYSE
Ticker DIP
Cusip 26922B634
Net Assets 932,103
Median 30-Day Bid/Ask Spread 0.13%
# of Holdings 31
Fund Inception Date 12/12/2022
Expense Ratio
Shares Outstanding 40,000
30 Day Yield
Net Expense Ratio
Gross Expense Ratio 1.29%
Net Expense Ratio / Total Annual Fund Operating Expenses 1.25%
NET ASSET VALUE (NAV)
NAV 23.30
Daily Change ($) -0.06
Daily Change (%) -0.26%
MARKET PRICE
Closing Price 23.3092
Daily Change ($) -0.0518
Daily Change (%) -0.22%

PREMIUM DISCOUNT

NAVMARKET PRICEPREMIUM/DISCOUNT
23.3023.30920.0092

03 PERFORMANCE

MONTH END AS OF: 04/30/2023

1 Month3 MonthYTDSince inception1 Year3 Years5 Years
Fund NAV 0.31% -4.1% 1.88% -1.28% TBD TBD TBD
Market Price 0.34% -4.02% 1.87% -1.31% TBD TBD TBD

QUARTER END AS OF: 03/31/2023

Quarter endYTDSince inception1 Year3 Years5 Years
Fund NAV 1.56% 1.56% -1.59% TBD TBD TBD
Market Price 1.52% 1.52% -1.65% TBD TBD TBD
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. For the most recent month-end performance, call (800) 617-0004 or visit the fund's website at www.dipetf.com. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

04 DIP Holdings as of 05/25/2023

COMPANY NAMETICKERFIGISHARESMARKET VALUE% OF NET ASSET VALUES
ULTA BEAUTY ORDULTABBG00FWQ4VD68139,294.724.22%
DOMINION ENERGY INCDBBG000BGVW6060830,661.443.29%
GENERAL MILLS INCGISBBG000BKCFC236330,677.133.29%
INTERCONTINENTAL EXCHANGE INCICEBBG000C1FB7529130,587.013.28%
JD.COM INCJDBBG005YHY0Q794330,590.923.28%
3M ORDMMMBBG000BP52R231530,570.753.28%
PINNACLE WEST CAPITALPNWBBG000BRDSX540030,556.003.28%
ADVANCE AUTO PARTS INCAAPBBG000F7RCJ127330,472.263.27%
CBOE GLOBAL MARKETS INCCBOEBBG000QH56C122830,517.803.27%
HEALTHPEAK PROPERTIES INCPEAKBBG000BKYDP9158230,500.963.27%

05 DISTRIBUTIONS

MonthEx DateRecord DatePay DateDividend
April 04/26/2023 04/27/2023 07/01/2023 0
March 03/29/2023 03/30/2023 04/01/2023 0
February 02/24/2023 02/27/2023 03/01/2023 0
January 01/27/2023 01/30/2023 02/01/2023 0
December 12/28/2022 12/29/2022 12/30/2022 0.07125715

06 PREMIUM DISCOUNT TABLE

Calendar Year 2022First Quarter 2023
Days Traded at NAV 00
Days Traded at Premium 516
Days Traded at Discount 846

07 PREMIUM AND DISCOUNT GRAPH

Head Office: 157 Broad Street, Suite 320 Red Bank, NJ 07701 United States of America

Cayman Islands Office: Apollo House East, 4th Floor, Suite 698 87 Mary Street, George Town Grand Cayman, KY1-1107

Important disclosures

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (800) 617-0004 or visit our website at dipetf.com. Read the prospectus or summary prospectus carefully before investing.

The Fund is distributed by Quasar Distributors, LLC. Exchange Traded Concepts, LLC (the “Adviser”) serves as the Fund’s investment adviser. Kaiju ETF Advisors, LLC (the “Sub-Adviser”) serves as the Fund’s investment sub-adviser.

Investing involves risk, including loss of principal. The Fund is subject to numerous risks including but not limited to: Equity Risk, Large Cap Risk, Management Risk, and Trading Risk. The Fund is actively managed and may not meet its investment objective based on the Sub-Adviser’s success or failure to implement investment strategies for the Fund. The Fund’s principal investment strategies are dependent on the Sub-Adviser’s understanding of artificial intelligence. The Fund relies heavily on a proprietary artificial intelligence selection model as well as data and information supplied by third parties that are utilized by such a model. Specifically, the Fund relies on the Kaiju Algorithm to implement its principal investment strategies. To the extent the model does not perform as designed or as intended, the Fund’s strategy may not be successfully implemented and the Fund may lose value. A “value” style of investing could produce poor performance results relative to other funds, even in a rising market, if the methodology used by the Fund to determine a company’s “value” or prospects for exceeding earnings expectations or market conditions is wrong. In addition, “value stocks” can continue to be undervalued by the market for long periods of time. The Fund is expected to actively and frequently trade securities or other instruments in its portfolio to carry out its investment strategies. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses. Frequent trading may also cause adverse tax consequences for investors in the Fund due to an increase in short-term capital gains. The fund is new, with a limited operating history.

©2023 Kaiju ETF Advisors