# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0000894189-25-015494
**Filing Date:** 2025-11
**Character Count:** 16465
**Document Hash:** e921eac50bd8325b9352aabe0d45083c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-015494.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000894189-25-015494

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 251525652

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### Peerless Option Income Wheel ETF (Series ID: S000084565)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000248983 | Peerless Option Income Wheel ETF | WEEL            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Tidal Trust II

- **b. Investment Company Act file number:** 811-23793

- **c. CIK number of Registrant:** 0001924868

- **d. LEI of Registrant:** 549300BGXECFCIZF2P89

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 844-986-7700

**Item A.2. Information about the Series.**

- **a. Name of Series:** Peerless Option Income Wheel ETF

- **b. EDGAR series identifier (if any):** S000084565

- **c. LEI of Series:** 2549005GPRGN999Z6395

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $18521313.88

**Total Liabilities:** $73516.33

**Net Assets:** $18447797.55

**Cash Not Reported:** $140317.42

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 109.080000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248983 | 1.63%                | 3.09%                | 1.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $34055.53                | $70683.27                                  |
| Month 2  | $206919.76               | $93548.74                                  |
| Month 3  | $8047.14                 | $-2696.64                                  |

**Designated Index Information**

- **Index Name:** S&P 500 Total Return Index

- **Index Identifier:** SPTR

### Schedule of Portfolio Investments

| Name                           | Title                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TREASURY BILL                  | United States Treasury Bill                       | CUSIP: 912797RE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3010000 | PA      | $3000879.70   | 16.27%            | 2025-10-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                       | CUSIP: 912797RM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3010000 | PA      | $2998616.81   | 16.25%            | 2025-11-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VanEck Oil Services ETF        | VanEck Oil Services ETF                           | CUSIP: 92189H607<br>LEI: 549300WSDUDKDJCJOV22 | Long             | EC               | RF                | US        |      1500 | NS      | $389865.00    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | ARK Innovation ETF                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -120 | NC      | $-2640.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Energy Select Sector SPDR Fund                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -12 | NC      | $-912.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Health Care Select Sector SPDR Fund               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-187.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC              | iPath Series B S&P 500 VIX Short-Term Futures ETN | CUSIP: 06748M196<br>LEI: N/A                  | Long             | EC               | RF                | US        |      4000 | NS      | $132640.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund        | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     15047 | NS      | $15047.35     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Biotechnology ETF      | iShares Biotechnology ETF                         | CUSIP: 464287556<br>LEI: 549300S7IVD88MPK0066 | Long             | EC               | RF                | US        |      4200 | NS      | $606354.00    | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Real Estate ETF   | iShares U.S. Real Estate ETF                      | CUSIP: 464287739<br>LEI: 549300SJWB2CPZFPT616 | Long             | EC               | RF                | US        |      3400 | NS      | $330072.00    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Home Construction | iShares U.S. Home Construction ETF                | CUSIP: 464288752<br>LEI: 549300E4UYBNT92O5488 | Long             | EC               | RF                | US        |      3500 | NS      | $375375.00    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Health Care Select Sector SPDR | Health Care Select Sector SPDR Fund               | CUSIP: 81369Y209<br>LEI: 549300EJNY3KKJHPOY44 | Long             | EC               | RF                | US        |      1100 | NS      | $153087.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Select Sector SPDR Fund | Energy Select Sector SPDR Fund                    | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Long             | EC               | RF                | US        |      4200 | NS      | $375228.00    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                       | CUSIP: 912797QE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1355000 | PA      | $1353782.45   | 7.34%             | 2025-10-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                       | CUSIP: 912797QF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3400000 | PA      | $3394263.62   | 18.40%            | 2025-10-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                       | CUSIP: 912797QG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1755000 | PA      | $1750684.68   | 9.49%             | 2025-10-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                       | CUSIP: 912797QP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3010000 | PA      | $2997929.90   | 16.25%            | 2025-11-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                            | ARK Innovation ETF                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -115 | NC      | $-1725.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares MSCI Emerging Markets ETF                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -45 | NC      | $-607.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VanEck Gold Miners ETF/USA                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -160 | NC      | $-3040.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares Biotechnology ETF                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -42 | NC      | $-6195.00     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares U.S. Home Construction ETF                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -30 | NC      | $-450.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -33 | NC      | $-148.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -33 | NC      | $-1270.50     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares Russell 2000 ETF                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -40 | NC      | $-2820.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iShares U.S. Real Estate ETF                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -32 | NC      | $-8080.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPDR S&P Regional Banking ETF                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -160 | NC      | $-1920.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPDR S&P Regional Banking ETF                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -165 | NC      | $-4042.50     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KraneShares CSI China Internet ETF                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -135 | NC      | $-1012.50     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | KraneShares CSI China Internet ETF                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -135 | NC      | $-1552.50     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Invesco QQQ Trust Series 1                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -17 | NC      | $-110.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Invesco QQQ Trust Series 1                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -17 | NC      | $-1428.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | VanEck Semiconductor ETF                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -32 | NC      | $-2320.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | iPath Series B S&P 500 VIX Short-Term Futures ETN | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -40 | NC      | $-600.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Industrial Select Sector SPDR Fund                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -75 | NC      | $-19012.50    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | Utilities Select Sector SPDR Fund                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -100 | NC      | $-700.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SPDR S&P Retail ETF                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -60 | NC      | $-1500.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer