Data as of: 12/14/2018


Primary Exchange CBOE
Ticker ARVR
CUSIP 30151e707
Net Assets $1,689,733.91
Shares Outstanding 100,001
Number of Holdings 52
Fund Inception Date 12/08/2016
Expense Ratio 0.85%
Net Asset Value (NAV)

NAV $16.90
Daily Change $-0.28
Daily Change (%) -1.63%
Market Price

Closing Price $17.05
Daily Change $-0.19
Daily Change (%) -1.1%
Premium Discount

NAV Market Price Premium/Discount
$16.90 $17.05 $0.15

Month End Performance as of: 11/30/2018


1 Mo. 3 Mo. YTD 1 Year Since Inception
Fund NAV -3.08% -16.36% 1.01% -1.27% 22.17%
Closing Price -4.80% -17.43% -2.03% -3.63% 21.56%


Quarter End Performance as of: 9/30/2018


3 Mo. YTD 1 Year Since Inception
Fund NAV 3.82% 20.71% 23.09% 45.99%
Closing Price 4.44% 17.44% 20.96% 45.72%

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor`s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. Returns are determined based on the midpoint of the bid/ask spread at 4:00pm Eastern time, when the NAV is typically calculated. Market returns does not represent the returns you would receive if you traded shares at other times.

**Distribution Yield is the annual yield an investor would receive if the most recent distribution remained the same going forward. The yield represents a single distribution from the fund and does not represent total return to the fund. The distribution yield is calculated by annualizing the most recent distribution and dividing it by the most recent NAV.

***30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the interest earned during the period after deducting the Fund’s expenses for the period.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the midpoint or the last bid/ask spread at 4:00pm Eastern time.

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.

Premium/Discount Data

Quarter End Date Days < -1.00% > -1.00% and < 0.0% > 0.0% and < 1.00% > 1.00%
2018-06-30 64 12 14 6 32
2018-03-31 61 3 5 13 40
2017-12-31 63 10 15 22 16
2017-09-30 64 17 22 18 7

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus and Summary Prospectus, which may be obtained by visiting www.ARVRETF.com. Read the prospectus and Summary Prospectus carefully before investing.

Investing involves risk, including possible loss of principal. Investments in foreign securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets. The Fund may invest a relatively large percentage of its assets in securities denominated in non-U.S. currencies, the values of which may be affected by changes in the currency rates or exchange control regulations. The Fund invests primarily in the equity securities of Virtual Technology Companies and, as such, is particularly sensitive to risks to those types of companies. These risks include, but are not limited to, small or limited markets for such securities, changes in business cycles, world economic growth, technological progress, rapid obsolescence, and government regulation. The Fund is non-diversified which means it may be invested in a limited number of issuers and susceptible to any economic, political and regulatory events than a more diversified fund. Diversification may not protect against market risk.

Exchange Traded Concepts, LLC serves as the investment advisor, and Vident Investment Advisory LLC serves as the sub-advisor to the fund. The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.