ASYMmetric ETFs Trust NPORT-P ASYMmetric Smart S&P 500 ETF (Mar 2023 report)

ASYMmetric Smart S&P 500 ETF
Schedule of Investments  (Unaudited)
March 31, 2023
	Shares		Value
COMMON STOCKS - 99.4%
Communication Services - 7.9%
Activision Blizzard, Inc.		6,380	$	546,064
AT&T, Inc.		25,723		495,168
Electronic Arts, Inc.		4,383		527,933
Verizon Communications, Inc.		12,534		487,447
				2,056,612
Consumer Discretionary - 8.5%
Hasbro, Inc.		9,827		527,612
McDonald's Corp.		2,048		572,641
O'Reilly Automotive, Inc. *		652		553,535
Yum! Brands, Inc.		4,252		561,604
				2,215,392
Consumer Staples - 9.0%
Campbell Soup Co.		10,824		595,104
Dollar General Corp.		2,475		520,888
General Mills, Inc.		7,150		611,039
J.M. Smucker Co.		3,844		604,930
				2,331,961
Energy - 4.8%
Exxon Mobil Corp.		5,525		605,871
Valero Energy Corp.		4,610		643,556
				1,249,427
Financials - 18.6%
Cboe Global Markets, Inc.		3,937		528,503
CME Group, Inc.		2,680		513,273
Everest Re Group Ltd.		1,281		458,624
Fiserv, Inc. *		4,297		485,690
Globe Life, Inc.		4,082		449,102
Jack Henry & Associates, Inc.		3,011		453,818
Mastercard, Inc.		1,392		505,867
The Travelers Companies, Inc.		2,683		459,893
Visa, Inc.		2,249		507,059
W. R. Berkley Corp.		7,504		467,199
				4,829,028
Health Care - 14.1%
AbbVie, Inc.		3,380		538,671
Biogen, Inc. *		1,928		536,042
Bristol-Myers Squibb Co.		7,543		522,805
DaVita, Inc. *		6,323		512,859
Incyte Corp. *		6,757		488,328
Johnson & Johnson		3,394		526,070
Merck & Co., Inc.		4,896		520,885
				3,645,660
Industrials - 12.3%
Automatic Data Processing, Inc.		2,250		500,918
Broadridge Financial Solutions, Inc.		3,478		509,770
Huntington Ingalls Industries, Inc.		2,509		519,413
Lockheed Martin Corp.		1,139		538,440
Northrop Grumman Corp.		1,163		536,980
Waste Management, Inc.		3,605		588,228
				3,193,749
Information Technology - 15.7%
Akamai Technologies, Inc. *		6,806		532,910
Cisco Systems Inc.		10,214		533,937
Gen Digital, Inc.		25,336		434,766
International Business Machines Corp.		3,826		501,550
Motorola Solutions, Inc.		1,882		538,497
PTC, Inc. *		3,907		500,994
Teledyne Technologies, Inc. *		1,139		509,543
Texas Instruments, Inc.		2,885		536,639
				4,088,836
Materials - 3.1%
Newmont Corp.		16,162		792,261
Real Estate - 2.6%
Realty Income Corp.		10,690		676,891
Utilities - 2.8%
Dominion Energy, Inc.		12,889		720,624
TOTAL COMMON STOCKS
(Cost $25,987,001)				25,800,441
SHORT-TERM INVESTMENT - 0.5%
Money Market Deposit Account - 0.5%
U.S. Bank N.A., 4.480% (a)
(Cost $123,745)		123,745		123,745
Total Investments - 99.9%
(Cost $26,110,746)				25,924,186
Other Assets and Liabilities, Net - 0.1%				29,230
Total Net Assets - 100.0%			$	25,953,416

*	Non-income producing security.
(a)	The Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of March 31, 2023.

Summary of Fair Value Exposure

The Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value.  These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion in changes in valuation techniques and related inputs during the period and expanded disclosure of valuation levels for major security types.  These inputs are summarized in the three broad levels listed below:

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly.  These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund's securities as of March 31, 2023:

	Level 1		Level 2		Level 3		Total
Common Stocks	$	25,800,441	$	-	$	-	$	25,800,441
Short-Term Investment		123,745		-		-		123,745
Total Investments	$	25,924,186	$	-	$	-	$	25,924,186
Refer to the Schedule of Investments for further information on the classification of investments.