INQQ The India Internet ETF
Schedule of Investments
November 30, 2024 (Unaudited)
| Description | Shares | Fair Value | ||||||
| COMMON STOCK†† — 100.1% | ||||||||
| India — 93.0% | ||||||||
| Communication Services — 12.3% | ||||||||
| Affle India* | 86,919 | $ | 1,665,679 | |||||
| Info Edge India | 38,730 | 3,783,928 | ||||||
| Nazara Technologies* | 82,514 | 977,419 | ||||||
| 6,427,026 | ||||||||
| Consumer Discretionary — 22.9% | ||||||||
| Easy Trip Planners | 1,967,336 | 418,863 | ||||||
| FSN E-Commerce Ventures* | 1,006,639 | 2,049,822 | ||||||
| Jubilant Foodworks | 335,147 | 2,556,551 | ||||||
| MakeMyTrip* | 21,898 | 2,512,577 | ||||||
| Zomato* | 1,332,699 | 4,412,455 | ||||||
| 11,950,268 | ||||||||
| Energy — 6.0% | ||||||||
| Reliance Industries | 205,982 | 3,150,080 | ||||||
| Financials — 38.9% | ||||||||
| Angel One | 66,986 | 2,296,731 | ||||||
| Bajaj Finance | 41,126 | 3,200,621 | ||||||
| ICICI Securities | 139,576 | 1,441,496 | ||||||
| Indian Energy Exchange | 1,079,272 | 2,250,477 | ||||||
| Jio Financial Services* | 746,677 | 2,901,565 | ||||||
| One 97 Communications* | 509,090 | 5,433,045 | ||||||
| PB Fintech* | 127,693 | 2,862,112 | ||||||
| 20,386,047 | ||||||||
| Industrials — 4.0% | ||||||||
| IndiaMart InterMesh | 53,206 | 1,476,548 | ||||||
| TeamLease Services* | 17,739 | 608,454 | ||||||
| 2,085,002 | ||||||||
| Information Technology — 8.9% | ||||||||
| CE Info Systems | 47,907 | 993,562 | ||||||
| Happiest Minds Technologies | 108,679 | 930,308 | ||||||
| Intellect Design Arena | 102,556 | 870,247 | ||||||
| Route Mobile | 49,440 | 842,858 | ||||||
| Tanla Platforms | 119,450 | 991,762 | ||||||
| 4,628,737 | ||||||||
| 48,627,160 | ||||||||
| Sweden — 2.3% | ||||||||
| Information Technology — 2.3% | ||||||||
| Truecaller, Cl B | 268,990 | 1,211,075 | ||||||
| Description | Shares | Fair Value | ||||||
| United States — 4.8% | ||||||||
| Information Technology — 4.8% | ||||||||
| Freshworks, Cl A* | 158,834 | $ | 2,539,756 | |||||
| Total Common Stock | ||||||||
| (Cost $42,065,505) | 52,377,991 | |||||||
| Total Investments - 100.1% | ||||||||
| (Cost $42,065,505) | $ | 52,377,991 |
Percentages are based on net assets of $52,307,759.
| †† | Industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. |
| * | Non-income producing security. |
Cl — Class |
3
INQ-QH-001-0600
