The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MarketDesk International Momentum Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the underlying index. The underlying index is a rules-based, quantitative index that is designed to provide exposure to approximately 50 to 100 high-quality international (i.e., non-U.S.) stocks with stable and consistent momentum.

Genmab A/S

BeOne Medicines AG

ASE Technology Holding Co., Ltd.

Ternium S.A.

Ecopetrol S.A.

Embraer S.A.

Mitsubishi UFJ Financial Group, Inc.

NatWest Group plc

ING Groep N.V.

Mizuho Financial Group, Inc.

MarketDesk International Momentum ETF

XUSM Holdings & Sector Breakdown