Company: DEFI
Filing Date: 2025-02-21
Form Type: POS AM
Source: 0001839882-25-010345
Chunk: 218

Company: Tidal Commodities Trust I
Filing Date: 2025-02-21
Form: POS AM
Chunk 218
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.41

Worst monthly percentage drawdown*: -7.91% / March 2023

Worst peak to valley drawdown**: -10.39% / February 2023 – May 2023

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

| Rates of Return*      |        |    |       |    |
| Month                 |   2023 |    |  2024 |    |
| January               |        | %  | (2.42 | )% |
| February              |  (1.08 | )% |  2.71 | %  |
| March                 |  (7.91 | )% |  4.70 | %  |
| April                 |   0.76 | %  | (0.05 | )% |
| May                   |  (2.24 | )% |  0.11 | %  |
| June                  |   3.05 | %  |  0.86 | %  |
| July                  |  (0.91 | )% | (1.70 | )% |
| August                |  (4.14 | )% | (0.15 | )% |
| September             |   1.94 | %  |  1.22 | %  |
| October               |  (2.10 | )% | (8.77 | )% |
| November              |  (2.06 | )% |  1.63 | %  |
| December              |   3.22 | %  | (0.08 | )% |
| Annual Rate of Return | (11.38 | )% | (3.07 | )% |

<div align='center'>128</div>

Return Stacked(R) U.S. Stocks & Futures Yield ETF (TICKER: RSSY)

The Return Stacked(R) U.S. Stocks & Futures Yield ETF commenced trading
and investment operations on May 28, 2024. 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