Vident Financial
As of 11/12/2019

All Holdings

Name Country Code Weight Shares
1. PROLOGIS INC US 3.65% 50568
2. AVALONBAY CMNTYS INC US 3.53% 20289
3. TERRENO RLTY CORP US 3.23% 70421
4. EQUITY RESIDENTIAL US 3.14% 45221
5. MID AMER APT CMNTYS INC US 3.12% 28467
6. EQUINIX INC US 2.96% 6688
7. PS BUSINESS PKS INC CALIF US 2.46% 16989
8. APARTMENT INVT & MGMT CO US 2.23% 50675
9. AMERICAN HOMES 4 RENT US 2.22% 103842
10. DIGITAL RLTY TR INC US 2.19% 22643
11. PIEDMONT OFFICE REALTY TR INC COM CL A US 2.02% 112725
12. SIMON PPTY GROUP INC NEW US 2.00% 15653
13. EASTERLY GOVT PPTYS INC US 1.98% 104683
14. UDR INC US 1.85% 47256
15. VEREIT INC US 1.77% 225368
16. BOSTON PROPERTIES INC US 1.65% 14646
17. MARRIOTT INTL INC NEW US 1.59% 14432
18. WELLTOWER INC US 1.59% 23220
19. STAG INDL INC US 1.57% 62369
20. CAMDEN PPTY TR US 1.54% 16924
21. HIGHWOODS PPTYS INC US 1.51% 39519
22. AMERICAN ASSETS TR INC US 1.49% 38779
23. DUKE REALTY CORP US 1.49% 51393
24. HUDSON PAC PPTYS INC US 1.48% 51125
25. ESSEX PPTY TR INC US 1.47% 5734
26. FEDERAL REALTY INVT TR US 1.44% 13331
27. ALEXANDRIA REAL ESTATE EQ INC COM US 1.36% 10570
28. LIBERTY PPTY TR US 1.33% 27364
29. W P CAREY INC US 1.30% 18684
30. KILROY RLTY CORP US 1.26% 18482
31. REALTY INCOME CORP US 1.20% 19079
32. SUN CMNTYS INC US 1.16% 9020
33. HILTON WORLDWIDE HLDGS INC US 1.13% 13839
34. VORNADO RLTY TR US 1.12% 20771
35. EASTGROUP PPTY INC US 1.11% 10253
36. VENTAS INC US 1.09% 22276
37. RETAIL OPPORTUNITY INVTS CORP COM US 1.08% 72210
38. FIRST INDUSTRIAL REALTY TRUST COM US 1.07% 31216
39. EQUITY LIFESTYLE PPTYS INC US 1.03% 18436
40. REGENCY CTRS CORP US 1.03% 19042
41. EQUITY COMWLTH US 1.01% 38258
42. MONMOUTH REAL ESTATE INVT CORP CL A US 0.97% 79063
43. CYRUSONE INC US 0.94% 17526
44. CORPORATE OFFICE PPTYS TR US 0.94% 39028
45. ACADIA RLTY TR US 0.93% 40758
46. DOUGLAS EMMETT INC US 0.91% 25583
47. HEALTHPEAK PROPERTIES INC. US 0.89% 32044
48. COUSINS PPTYS INC US 0.80% 24501
49. NATIONAL RETAIL PPTYS INC US 0.78% 16986
50. PUBLIC STORAGE US 0.76% 4382
51. QTS RLTY TR INC US 0.71% 16900
52. CORESITE RLTY CORP US 0.68% 7279
53. SPIRIT RLTY CAP INC NEW US 0.67% 16377
54. OMEGA HEALTHCARE INVS INC US 0.65% 19021
55. GETTY RLTY CORP NEW US 0.63% 23059
56. RETAIL PPTYS AMER INC US 0.61% 53619
57. EMPIRE ST RLTY TR INC US 0.59% 49880
58. HOST HOTELS & RESORTS INC US 0.57% 41121
59. KIMCO RLTY CORP US 0.57% 33226
60. COLUMBIA PPTY TR INC US 0.57% 33768
61. ESSENTIAL PPTYS RLTY TR INC US 0.56% 25982
62. WEINGARTEN RLTY INVS US 0.53% 20858
63. ALEXANDERS INC US 0.52% 1928
64. HEALTHCARE TR AMER INC US 0.48% 20209
65. AMERICAN CAMPUS CMNTYS INC US 0.48% 12369
66. PARK HOTELS RESORTS INC US 0.47% 25159
67. HYATT HOTELS CORP US 0.43% 6794
68. EXTRA SPACE STORAGE INC US 0.43% 4918
69. URSTADT BIDDLE PPTYS INC US 0.43% 21436
70. RYMAN HOSPITALITY PPTYS INC US 0.40% 5402
71. PHYSICIANS RLTY TR US 0.38% 25024
72. HEALTHCARE RLTY TR US 0.37% 13846
73. WYNDHAM HOTELS & RESORTS INC COM US 0.36% 7941
74. SITE CENTERS CORP US 0.36% 29927
75. NATIONAL HEALTH INVS INC US 0.35% 5294
76. CHOICE HOTELS INTL INC US 0.35% 4655
77. APPLE HOSPITALITY REIT INC US 0.33% 24921
78. MEDICAL PPTYS TRUST INC US 0.30% 18194
79. SUNSTONE HOTEL INVS INC NEW US 0.29% 25781
80. AGREE REALTY CORP US 0.29% 4787
81. LTC PPTYS INC US 0.29% 7438
82. XENIA HOTELS & RESORTS INC US 0.28% 16066
83. DIAMONDROCK HOSPITALITY CO US 0.28% 32921
84. COMMUNITY HEALTHCARE TR INC US 0.26% 6924
85. LIFE STORAGE INC US 0.26% 2908
86. REXFORD INDL RLTY INC US 0.25% 6658
87. CUBESMART US 0.24% 9554
88. NATIONAL HEALTHCARE CORP US 0.24% 3505
89. CARETRUST REIT INC US 0.24% 14627
90. INVITATION HOMES INC US 0.19% 7730
91. JBG SMITH PPTYS US 0.14% 4349
92. ALEXANDER & BALDWIN INC NEW US 0.13% 7215
93. RPT REALTY US 0.12% 9803
94. URBAN EDGE PPTYS US 0.12% 6801
95. BRIXMOR PPTY GROUP INC US 0.11% 6296
96. NATIONAL STORAGE AFFILIATES TR COM SHS BEN IN US 0.11% 4040
97. LEXINGTON REALTY TRUST US 0.11% 11965
98. SAUL CTRS INC US 0.11% 2472
99. WASHINGTON REAL ESTATE INVT TR SH BEN INT US 0.11% 4196
100. SABRA HEALTH CARE REIT INC US 0.10% 5585
101. SERITAGE GROWTH PPTYS US 0.10% 2896
102. AMERICOLD RLTY TR US 0.10% 3510
103. SUMMIT HOTEL PPTYS INC US 0.10% 10085
104. ARMADA HOFFLER PPTYS INC US 0.10% 6916
105. EXTENDED STAY AMER INC US 0.10% 8066
106. PARAMOUNT GROUP INC US 0.09% 8364
107. TANGER FACTORY OUTLET CTRS INC COM US 0.09% 6965
108. MACK CALI RLTY CORP US 0.09% 4897
109. MACERICH CO US 0.08% 3484
110. SL GREEN RLTY CORP US 0.08% 1115
111. BRANDYWINE RLTY TR US 0.08% 6191
112. INNOVATIVE INDL PPTYS INC US 0.07% 1107
113. CHATHAM LODGING TR US 0.07% 4824
114. RLJ LODGING TR US 0.07% 5141
115. PEBBLEBROOK HOTEL TR US 0.07% 3335

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