Company: DEFI
Filing Date: 2025-03-17
Form Type: S-1/A
Source: 0001387131-25-000058
Chunk: 153

Company: Tidal Commodities Trust I
Filing Date: 2025-03-17
Form: S-1/A
Chunk 153
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 June           |  2.74 | % |  -.07 | % |
| July           |  1.85 | % | -5.59 | % |
| August         |  4.61 | % | -5.03 | % |
| September      |  0.11 | % |  1.85 | % |
| October        |  1.41 | % | -5.34 | % |
| November       | -6.78 | % |  1.34 | % |
| December       | -3.37 | % |  2.87 | % |
| Annual         
 Rate of Return | -7.92 | % | -7.88 | % |

Ionic Inflation Protection ETF (TICKER: CPII)

The Ionic Inflation Protection ETF commenced trading and investment operations on June 29, 2022. The Fund is listed on NYSE Arca and is neither: (i) a privately offered pool pursuant to Section 4(a)(2) of the 1933 Act; (ii) a multi-advisor pool as defined in CFTC Regulation 4.10(d)(2); or (iii) a principal-protected pool as defined in CFTC Regulation 4.10(d)(3).

Units of beneficial interest issued (from inception until December 29, 2024): 625,000

Aggregate gross sale price for units issued: $12,018,750

Pool NAV as of December 31, 2024: $12,015,924

NAV per Share as of December 31, 2024: $19.23

Worst monthly percentage drawdown*: –2.40% (January 2023)

Worst peak to valley drawdown**: -3.15% / October 2023 – December 2023

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PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

| Rates          
 of Return*     |       |   |       |   |       |   |
| Month          |  2022 |   |  2023 |   |  2024 |   |
| January        |       | % | -2.40 | % |  1.38 | % |
| February       |       | % |  2.49 | % |  1.60 | % |
| March          |       | % |