Strive U.S. Semiconductor ETF

Fund Objective
SHOC is a passively managed exchange traded fund (ETF) that seeks broad market exposure to the U.S. semiconductor sector. 

Fund Description
SHOC offers concentrated exposure to the U.S. semiconductor sector through a cost efficient index product. Through Corporate Governance practices, including voting proxy shares and proactively engaging with management teams and boards, Strive aims to unlock value in the U.S. semiconductor sector by mandating companies to focus on excellence. 


Fund Data & Pricing
Net Assets as of 10/10/2023 $36.86m
NAV $33.21
Shares Outstanding 1,110,000
Premium/discount Percentage 0.01%
Closing Price $33.21
Median 30 Day Spread 0.09%

Data as of 10/10/2023

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

Median 30 Day Spread is a calculation of 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.

The Fund expects to declare and to distribute its net investment income, if any, to shareholders as dividends quarterly.  The amount of any distribution will vary, and there is no guarantee the Fund will pay either an income dividend or a capital gains distribution

Fund Information
Fund Inception 10/06/2022
Ticker SHOC
Primary Exchange NYSE
CUSIP 02072L 672
Expense Ratio .40%
30 Day SEC Yield * 0.81%

*As of 09/30/2023

Performance Quarter end returns as of 09/30/2023
  Avg. Annualized  
Quarter 1 Year 3 Year Since Inception
NAV -6.02% - - 30.79%
Market Price -6.09% - - 30.76%
Benchmark -5.96% - - 31.35%

Expense ratio: 0.40%

Inception Date:  10/06/2022

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 by calling 855-427-7360. 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.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Distribution Detail
EX- Date Record Date Income Payable Date
09/27/2023 09/28/2023 0.05948556 09/29/2023
06/28/2023 06/29/2023 0.05977122 06/30/2023
03/29/2023 03/30/2023 0.06740395 03/31/2023
12/29/2022 12/30/2022 0.05861250 01/06/2023
% Of Net Assets Name Ticker CUSIP Shares Held Market Value
8.68% INTEL CORP INTC 458140100 87,807 3,198,809.01
8.38% NVIDIA CORPORATION NVDA 67066G104 6,744 3,088,617.12
7.71% BROADCOM INC AVGO 11135F101 3,310 2,841,337.10
7.41% ADVANCED MICRO DEVICES INC AMD 007903107 25,043 2,729,937.43
6.92% TEXAS INSTRS INC TXN 882508104 16,178 2,550,623.48
5.15% MICRON TECHNOLOGY INC MU 595112103 27,485 1,898,388.95
4.71% KLA CORP KLAC 482480100 3,658 1,734,404.12
4.66% LAM RESEARCH CORP LRCX 512807108 2,710 1,719,169.80
4.60% APPLIED MATLS INC AMAT 038222105 11,991 1,695,527.40
4.44% QUALCOMM INC QCOM 747525103 14,563 1,635,570.53

Data as of 10/11/2023. Holdings are subject to change.