Vident Financial
As of 08/21/2019

All Holdings

Name Country Code Weight Shares
1. AVALONBAY CMNTYS INC US 3.58% 20354
2. PROLOGIS INC US 3.56% 50631
3. EQUITY RESIDENTIAL US 3.16% 45299
4. EQUINIX INC US 3.13% 6709
5. MID AMER APT CMNTYS INC US 3.03% 28554
6. TERRENO RLTY CORP US 3.02% 70786
7. PS BUSINESS PKS INC CALIF US 2.58% 17100
8. DIGITAL RLTY TR INC US 2.34% 22459
9. AMERICAN HOMES 4 RENT US 2.21% 103610
10. APARTMENT INVT & MGMT CO US 2.16% 50569
11. SIMON PPTY GROUP INC NEW US 1.97% 15814
12. PIEDMONT OFFICE REALTY TR INC COM CL A US 1.93% 113841
13. UDR INC US 1.90% 47237
14. VEREIT INC US 1.82% 225181
15. EASTERLY GOVT PPTYS INC US 1.81% 104483
16. WELLTOWER INC US 1.74% 23202
17. BOSTON PROPERTIES INC US 1.58% 14646
18. MARRIOTT INTL INC NEW US 1.56% 14432
19. ESSEX PPTY TR INC US 1.54% 5734
20. CAMDEN PPTY TR US 1.54% 16924
21. AMERICAN ASSETS TR INC US 1.54% 38779
22. STAG INDL INC US 1.53% 62370
23. HIGHWOODS PPTYS INC US 1.49% 40085
24. FEDERAL REALTY INVT TR US 1.47% 13331
25. HUDSON PAC PPTYS INC US 1.45% 51127
26. DUKE REALTY CORP US 1.44% 51393
27. W P CAREY INC US 1.39% 18684
28. VENTAS INC US 1.37% 22276
29. ALEXANDRIA REAL ESTATE EQ INC COM US 1.33% 10570
30. KILROY RLTY CORP US 1.23% 18482
31. LIBERTY PPTY TR US 1.20% 27364
32. REALTY INCOME CORP US 1.17% 19079
33. SUN CMNTYS INC US 1.12% 9020
34. EQUITY COMWLTH US 1.09% 38258
35. RETAIL OPPORTUNITY INVTS CORP COM US 1.09% 72212
36. HILTON WORLDWIDE HLDGS INC US 1.07% 13840
37. EASTGROUP PPTY INC US 1.07% 10253
38. EQUITY LIFESTYLE PPTYS INC US 1.06% 9218
39. VORNADO RLTY TR US 1.06% 20771
40. REGENCY CTRS CORP US 1.05% 19042
41. CYRUSONE INC US 1.03% 17526
42. FIRST INDUSTRIAL REALTY TRUST COM US 1.02% 31216
43. PUBLIC STORAGE US 0.97% 4382
44. CORPORATE OFFICE PPTYS TR US 0.95% 39029
45. ACADIA RLTY TR US 0.95% 40758
46. HCP INC US 0.93% 32044
47. DOUGLAS EMMETT INC US 0.91% 25583
48. MONMOUTH REAL ESTATE INVT CORP CL A US 0.89% 79063
49. NATIONAL RETAIL PPTYS INC US 0.79% 16986
50. COUSINS PPTYS INC US 0.71% 24501
51. CORESITE RLTY CORP US 0.70% 7279
52. QTS RLTY TR INC US 0.70% 16900
53. OMEGA HEALTHCARE INVS INC US 0.63% 19023
54. SPIRIT RLTY CAP INC NEW US 0.63% 16377
55. COLUMBIA PPTY TR INC US 0.61% 33768
56. GETTY RLTY CORP NEW US 0.60% 23059
57. ALEXANDERS INC US 0.59% 1928
58. EMPIRE ST RLTY TR INC US 0.57% 49880
59. HOST HOTELS & RESORTS INC US 0.55% 41121
60. KIMCO RLTY CORP US 0.52% 33226
61. RETAIL PPTYS AMER INC US 0.51% 53619
62. EXTRA SPACE STORAGE INC US 0.50% 4918
63. AMERICAN CAMPUS CMNTYS INC US 0.49% 12369
64. ESSENTIAL PPTYS RLTY TR INC US 0.48% 25982
65. HEALTHCARE TR AMER INC US 0.48% 20209
66. WEINGARTEN RLTY INVS US 0.48% 20858
67. HYATT HOTELS CORP US 0.42% 6795
68. HEALTHCARE RLTY TR US 0.38% 13846
69. URSTADT BIDDLE PPTYS INC US 0.38% 21436
70. RYMAN HOSPITALITY PPTYS INC US 0.37% 5402
71. PHYSICIANS RLTY TR US 0.37% 25026
72. NATIONAL HEALTH INVS INC US 0.37% 5294
73. PARK HOTELS RESORTS INC US 0.37% 18216
74. CHOICE HOTELS INTL INC US 0.35% 4655
75. SITE CENTERS CORP US 0.34% 29927
76. WYNDHAM HOTELS & RESORTS INC COM US 0.34% 7941
77. APPLE HOSPITALITY REIT INC US 0.33% 24921
78. LTC PPTYS INC US 0.31% 7438
79. CARETRUST REIT INC US 0.29% 14627
80. AGREE REALTY CORP US 0.29% 4787
81. SUNSTONE HOTEL INVS INC NEW US 0.29% 25781
82. CUBESMART US 0.28% 9554
83. MEDICAL PPTYS TRUST INC US 0.28% 18196
84. XENIA HOTELS & RESORTS INC US 0.27% 16066
85. DIAMONDROCK HOSPITALITY CO US 0.26% 32921
86. LIFE STORAGE INC US 0.26% 2909
87. COMMUNITY HEALTHCARE TR INC US 0.25% 6924
88. NATIONAL HEALTHCARE CORP US 0.25% 3506
89. REXFORD INDL RLTY INC US 0.24% 6659
90. CHESAPEAKE LODGING TR US 0.24% 11056
91. INVITATION HOMES INC US 0.19% 7730
92. JBG SMITH PPTYS US 0.14% 4350
93. ALEXANDER & BALDWIN INC NEW US 0.14% 7215
94. EXTENDED STAY AMER INC US 0.12% 9742
95. NATIONAL STORAGE AFFILIATES TR COM SHS BEN IN US 0.11% 4041
96. AMERICOLD RLTY TR US 0.11% 3511
97. LEXINGTON REALTY TRUST US 0.11% 11965
98. INNOVATIVE INDL PPTYS INC US 0.11% 1107
99. ARMADA HOFFLER PPTYS INC US 0.10% 6916
100. SABRA HEALTH CARE REIT INC US 0.10% 5586
101. URBAN EDGE PPTYS US 0.10% 6802
102. RPT REALTY US 0.10% 9804
103. BRIXMOR PPTY GROUP INC US 0.10% 6297
104. SERITAGE GROWTH PPTYS US 0.10% 2897
105. BRANDYWINE RLTY TR US 0.10% 7869
106. SUMMIT HOTEL PPTYS INC US 0.09% 10085
107. PEBBLEBROOK HOTEL TR US 0.09% 4245
108. WASHINGTON REAL ESTATE INVT TR SH BEN INT US 0.09% 4196
109. PARAMOUNT GROUP INC US 0.09% 8364
110. RLJ LODGING TR US 0.09% 6609
111. CHATHAM LODGING TR US 0.09% 6209
112. MACK CALI RLTY CORP US 0.09% 4898
113. TANGER FACTORY OUTLET CTRS INC COM US 0.08% 6965
114. SL GREEN RLTY CORP US 0.08% 1273
115. SAUL CTRS INC US 0.08% 1896
116. MACERICH CO US 0.08% 3485

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus and summary prospectus (VIDI, VUSE, VBND) contains this and other important information about the investment company, and a free hardcopy of the prospectus may be obtained by calling 1-800-617-0004. Read carefully before investing. Holdings information for each fund as follows: VIDI, VUSE, VBND, PPTY.

Investments involve risk. Principal loss is possible. The Funds have the same risks as the underlying securities traded on the exchange throughout the day at market price. Redemptions are limited and often commissions are charged on each trade. VIDI is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Investments in foreign securities involve political, economic and currency risks, greater volatility and differences in accounting methods. These risks are greater for investments in emerging markets. A fund that concentrates its investments in the securities of a particular industry or geographic area may be more volatile than a fund that invests in a broader range of industries. VIDI and VBND may invest in illiquid or thinly traded securities which involve additional risks such as limited liquidity and greater volatility. VBND may make investments in debt securities. The Fund's investments in high yield securities expose it to a substantial degree of credit risk. These investments are considered speculative under traditional investment standards. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline. During periods of rising interest rates, certain debt obligations will be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund's income and potentially in the value of the Fund's investments. VBND may also invest in asset backed and mortgage backed securities which include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. The performance of the funds may diverge from that of the Index. Because the Funds employ a representative sampling strategy and may also invest up to 20% of its assets in securities that are not included in the Index, the Funds may experience tracking error to a greater extent than a fund that seeks to replicate an index. The Funds are not actively managed and may be affected by a general decline in market segments related to the index. The Funds invest in securities included in, or representative of securities included in, the index, regardless of their investment merits. Small and medium-capitalization companies tend to have more limited liquidity and greater price volatility than large-capitalization companies. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Market vs. NAV Returns. The total return of an ETF based on its market price and its NAV at the beginning and end of the holding period. The market return, not the NAV return, is the return actually earned by ETF investors, except for those who hold creation units. The NAV is the value of each share of a fund as determined by the value of its underlying holdings, including any cash in the portfolio. NAV is calculated by dividing a fund's total net assets by its number of shares outstanding.

The Vident Funds are distributed by Quasar Distributors, LLC. The fund's investment advisor is Vident Advisory, LLC. VIDI, VBND, and VUSE's sub-advisor is Vident Investment Advisory (VIA). Vident Financial owns the indexes that underline the funds. Quasar is not affiliated with Vident Financial, Vident Advisory, LLC, or Vident Investment Advisory. Quasar is not the distributor of FLAG ETF.

Diversification does not guarantee a profit or protect from loss in a declining market.

Full Website Disclosure