Roundhill Alerian LNG ETF | ||||||||
Schedule of Investments | ||||||||
March 31, 2024 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS — 98.4% | ||||||||
Electric — 7.8% | ||||||||
Sempra | 202 | $ | 14,510 | |||||
Tokyo Electric Power Co. Holdings, Inc. (a)(b) | 7,200 | 43,682 | ||||||
58,192 | ||||||||
Gas — 6.6% | ||||||||
ENN Energy Holdings, Ltd. (b) | 4,100 | 31,589 | ||||||
Korea Gas Corp. (a)(b) | 855 | 17,306 | ||||||
48,895 | ||||||||
Oil & Gas — 34.4% (d) | ||||||||
Chevron Corp. | 96 | 15,143 | ||||||
Exxon Mobil Corp. | 133 | 15,460 | ||||||
Kunlun Energy Co., Ltd. (b) | 20,000 | 16,687 | ||||||
Santos, Ltd. (b) | 18,120 | 91,617 | ||||||
Shell PLC (b) | 445 | 14,877 | ||||||
Tellurian, Inc. (a) | 5,051 | 3,341 | ||||||
TotalEnergies SE (b) | 218 | 14,943 | ||||||
Woodside Energy Group, Ltd. (b) | 4,204 | 83,652 | ||||||
255,720 | ||||||||
Pipelines — 37.4% (d) | ||||||||
Cheniere Energy, Inc. | 734 | 118,380 | ||||||
Enbridge, Inc. (b) | 401 | 14,505 | ||||||
Excelerate Energy, Inc. - Class A | 695 | 11,134 | ||||||
Golar LNG, Ltd. (b) | 1,524 | 36,667 | ||||||
Kinder Morgan, Inc. | 523 | 9,592 | ||||||
Koninklijke Vopak NV (b) | 350 | 13,506 | ||||||
New Fortress Energy, Inc. | 1,062 | 32,487 | ||||||
NextDecade Corp. (a) | 4,393 | 24,952 | ||||||
Petronas Gas Bhd. (b) | 4,645 | 17,214 | ||||||
278,437 | ||||||||
Transportation — 12.2% | ||||||||
Cool Co., Ltd. (b) | 603 | 6,542 | ||||||
FLEX LNG, Ltd. (b) | 796 | 20,242 | ||||||
Korea Line Corp. (a)(b) | 823 | 1,172 | ||||||
Misc Bhd. (b) | 8,740 | 14,127 | ||||||
Mitsui O.S.K. Lines, Ltd. (b) | 400 | 12,189 | ||||||
Qatar Gas Transport Co., Ltd. (b) | 33,262 | 36,386 | ||||||
90,658 | ||||||||
TOTAL COMMON STOCKS (Cost $735,561) | 731,902 | |||||||
SHORT-TERM INVESTMENTS - 1.3% | ||||||||
Money Market Fund — 1.3% | ||||||||
First American Government Obligations Fund, Class X, 5.23% (c) | 9,470 | 9,470 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $9,470) | 9,470 | |||||||
TOTAL INVESTMENTS (Cost $745,031) — 99.7% | 741,372 | |||||||
Other assets and liabilities, net — 0.3% | 2,472 | |||||||
NET ASSETS — 100.0% | $ | 743,844 |
PLC | Public Limited Company | |||||||
(a) | Non-income producing security. | |||||||
(b) | Foreign issued security, or represents a foreign issued security. | |||||||
(c) | The rate shown is the seven day yield at period end. | |||||||
(d) | To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. |
Percentages are stated as a percent of net assets. | ||||||||
COUNTRY | Percentage of Net Assets | |||||||
United States | 32.9% | |||||||
Australia | 23.6% | |||||||
Bermuda | 10.8% | |||||||
Japan | 7.5% | |||||||
Qatar | 4.9% | |||||||
Cayman Islands | 4.2% | |||||||
Malaysia | 4.2% | |||||||
Republic of Korea | 2.5% | |||||||
France | 2.0% | |||||||
United Kingdom | 2.0% | |||||||
Canada | 2.0% | |||||||
Netherlands | 1.8% | |||||||
Total Country | 98.4% | |||||||
SHORT-TERM INVESTMENTS | 1.3% | |||||||
TOTAL INVESTMENTS | 99.7% | |||||||
Other assets and liabilities, net | 0.3% | |||||||
NET ASSETS | 100.0% |
Fair Value Measurements | ||||||||
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. | ||||||||
Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs | ||||||||
(including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant | ||||||||
unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the | ||||||||
securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. | ||||||||
The Fund did not hold any investments during the period with significant unobservable inputs which would be classified as Level 3. | ||||||||
The following is a summary of the inputs used to value the Fund’s investments carried at fair value as of March 31, 2024: |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments - Assets: | ||||||||||||||||
Common Stocks* | $ | 731,902 | $ | - | $ | - | $ | 731,902 | ||||||||
Money Market Fund | 9,470 | - | - | 9,470 | ||||||||||||
Total Investments - Assets | $ | 741,372 | $ | - | $ | - | $ | 741,372 | ||||||||
* See the Schedule of Investments for industry classifications. | ||||||||||||||||