# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0002000324-26-002650
**Filing Date:** 2026-6
**Character Count:** 42632
**Document Hash:** f5090662da38e39e05b3729f7bebdace
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-002650.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002000324-26-002650

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260731

**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:** 261122625

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI

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

## Series and Classes Contracts Data

### YieldMax(R) Strategic Metals & Mining Portfolio Option Income ETF (Series ID: S000101611)

| Class ID   | Class Name                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000271821 | YieldMax(R) Strategic Metals & Mining Portfolio Option Income ETF | MINY            |

## Nport-Ex

**YieldMax Strategic Metals & Mining Portfolio Option Income ETF**

**Schedule of Investments**

**April 30, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**COMMON STOCKS - 78.9%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrial Products - 8.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caterpillar, Inc.<sup>(a)</sup> | 200 | $178022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NuScale Power Corp. - Class A<sup>(a)(b)</sup> | 14936 | 186102 |
|  |  | 364124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials - 66.6%<sup>(c)</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agnico Eagle Mines Ltd.<sup>(a)</sup> | 795 | 149627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albemarle Corp.<sup>(a)</sup> | 1056 | 207715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BHP Group Ltd., ADR<sup>(a)</sup> | 1809 | 143454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cameco Corp.<sup>(a)</sup> | 1665 | 204862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Fuels, Inc.<sup>(a)(b)</sup> | 6476 | 140141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc.<sup>(a)</sup> | 2878 | 166291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining Co.<sup>(a)</sup> | 8064 | 145313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MP Materials Corp.<sup>(a)(b)</sup> | 3256 | 215026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newmont Corp.<sup>(a)</sup> | 1536 | 170634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NexGen Energy Ltd.<sup>(a)(b)</sup> | 13580 | 170701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nucor Corp.<sup>(a)</sup> | 1107 | 249396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pan American Silver Corp.<sup>(a)</sup> | 2908 | 152059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Gold, Inc.<sup>(a)</sup> | 666 | 155431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corp.<sup>(a)</sup> | 904 | 155208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc.<sup>(a)</sup> | 1010 | 230947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uranium Energy Corp.<sup>(a)(b)</sup> | 12796 | 190532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wheaton Precious Metals Corp.<sup>(a)</sup> | 1220 | 154281 |
|  |  | 3001618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities - 4.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corp.<sup>(a)</sup> | 608 | 190304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL COMMON STOCKS (Cost $3,656,978)** |  | 3556046 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**EXCHANGE TRADED FUNDS - 5.8%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VanEck Rare Earth and Strategic Metals ETF<sup>(a)</sup> | 2503 | 263891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL EXCHANGE TRADED FUNDS (Cost $246,569)** |  | 263891 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**PURCHASED OPTIONS - 2.4%<sup>(b)(d)(e)(f)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Call Options - 2.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agnico Eagle Mines Ltd., Expiration: 5/1/2026; Exercise Price: $190.00 | $131747 | 7 | $1890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albemarle Corp., Expiration: 5/1/2026; Exercise Price: $205.00 | 196700 | 10 | 1005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amplify Junior Silver Miners ETF, Expiration: 5/8/2026; Exercise Price: $33.00 | 117280 | 40 | 320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amplify Junior Silver Miners ETF, Expiration: 5/15/2026; Exercise Price: $31.00 | 117280 | 40 | 2860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BHP Group Ltd., Expiration: 5/15/2026; Exercise Price: $85.00 | 142740 | 18 | 990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cameco Corp., Expiration: 5/8/2026; Exercise Price: $125.00 | 196864 | 16 | 7560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caterpillar, Inc., Expiration: 5/1/2026; Exercise Price: $895.00 | 178022 | 2 | 1235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corp., Expiration: 5/8/2026; Exercise Price: $332.50 | 187800 | 6 | 1710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Fuels, Inc., Expiration: 5/1/2026; Exercise Price: $23.00 | 138496 | 64 | 448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc., Expiration: 5/1/2026; Exercise Price: $62.00 | 161784 | 28 | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global X Lithium & Battery Tech ETF, Expiration: 7/17/2026; Exercise Price: $71.00 | 202952 | 23 | 40710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global X Silver Miners ETF, Expiration: 5/15/2026; Exercise Price: $125.00 | 168302 | 19 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global X Silver Miners ETF, Expiration: 7/17/2026; Exercise Price: $95.00 | 168302 | 19 | 11305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining Co., Expiration: 5/8/2026; Exercise Price: $19.50 | 144160 | 80 | 2240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MP Materials Corp., Expiration: 5/1/2026; Exercise Price: $66.00 | 211328 | 32 | 4032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newmont Corp., Expiration: 5/1/2026; Exercise Price: $120.00 | 166635 | 15 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NexGen Energy Ltd., Expiration: 5/15/2026; Exercise Price: $15.00 | 169695 | 135 | 1350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nucor Corp., Expiration: 5/15/2026; Exercise Price: $230.00 | 247819 | 11 | 4180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NuScale Power Corp., Expiration: 5/1/2026; Exercise Price: $14.00 | 185654 | 149 | 298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pan American Silver Corp., Expiration: 5/8/2026; Exercise Price: $57.00 | 151641 | 29 | 1885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Gold, Inc., Expiration: 5/15/2026; Exercise Price: $310.00 | 23338 | 1 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corp., Expiration: 5/8/2026; Exercise Price: $190.00 | 154521 | 9 | 675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc., Expiration: 5/15/2026; Exercise Price: $240.00 | 228660 | 10 | 3500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uranium Energy Corp., Expiration: 5/1/2026; Exercise Price: $16.50 | 189103 | 127 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VanEck Gold Miners ETF, Expiration: 5/8/2026; Exercise Price: $93.00 | 167751 | 19 | 893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VanEck Gold Miners ETF, Expiration: 7/17/2026; Exercise Price: $97.00 | 167751 | 19 | 7933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VanEck Junior Gold Miners ETF, Expiration: 5/8/2026; Exercise Price: $124.00 | 127974 | 11 | 797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VanEck Junior Gold Miners ETF, Expiration: 6/18/2026; Exercise Price: $126.00 | 127974 | 11 | 5472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VanEck Rare Earth and Strategic Metals ETF, Expiration: 5/15/2026; Exercise Price: $125.00 | 263575 | 25 | 1125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wheaton Precious Metals Corp., Expiration: 5/8/2026; Exercise Price: $134.00 | 151752 | 12 | 1740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Call Options** |  |  | 106550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL PURCHASED OPTIONS (Cost $123,806)** |  |  | 106550 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**SHORT-TERM INVESTMENTS - 14.1%** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Money Market Funds - 14.1%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First American Government Obligations Fund - Class X, 3.58%<sup>(g)</sup> | 633755 | 633755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENTS (Cost $633,755)** |  | 633755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 101.2% (Cost $4,661,108)** |  | $4560242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities in Excess of Other Assets - (1.2)% |  | (52582) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  | $4507660 |

---

Percentages are stated as a percent of net assets.

---

| | |
|:---|:---|
| ADR | American Depositary Receipt |
| (a) | All or a portion of this security has been pledged as collateral for written options. As of April 30, 2026, the total value of securities pledged as collateral is $1,324,683. |
| (b) | Non-income producing security. |
| (c) | To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors. |
| (d) | Exchange-traded. |
| (e) | 100 shares per contract. |
| (f) | Held in connection with written option contracts. See Schedule of Written Options Contracts for further information. |
| (g) | The rate shown represents the 7-day annualized effective yield as of April 30, 2026. |

---

**YieldMax Strategic Metals & Mining Portfolio Option Income ETF**

**Schedule of Written Options Contracts**

**April 30, 2026 (Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| **WRITTEN OPTIONS - (5.4)%<sup>(a)(b)</sup>** | **Notional <br> Amount** | **Contracts** | **Value** |
| **Call Options - (3.8)%** |  |  |  |
| Agnico Eagle Mines Ltd., Expiration: 5/1/2026; Exercise Price: $187.50 | $(131747) | (7) | $(2660) |
| Albemarle Corp., Expiration: 5/1/2026; Exercise Price: $195.00 | (196700) | (10) | (4525) |
| Amplify Junior Silver Miners ETF, Expiration: 5/8/2026; Exercise Price: $31.00 | (117280) | (40) | (1020) |
| BHP Group Ltd., Expiration: 5/15/2026; Exercise Price: $80.00 | (142740) | (18) | (3600) |
| Cameco Corp., Expiration: 5/8/2026; Exercise Price: $120.00 | (196864) | (16) | (11560) |
| Caterpillar, Inc., Expiration: 5/1/2026; Exercise Price: $865.00 | (178022) | (2) | (5210) |
| Constellation Energy Corp., Expiration: 5/8/2026; Exercise Price: $320.00 | (187800) | (6) | (4260) |
| Energy Fuels, Inc., Expiration: 5/1/2026; Exercise Price: $22.00 | (138496) | (64) | (1984) |
| Freeport-McMoRan, Inc., Expiration: 5/1/2026; Exercise Price: $60.00 | (161784) | (28) | (224) |
| Global X Lithium & Battery Tech ETF, Expiration: 5/15/2026; Exercise Price: $83.00 | (202952) | (23) | (13455) |
| Global X Silver Miners ETF, Expiration: 5/15/2026; Exercise Price: $100.00 | (168302) | (19) | (1140) |
| Hecla Mining Co., Expiration: 5/8/2026; Exercise Price: $18.50 | (144160) | (80) | (5480) |
| MP Materials Corp., Expiration: 5/1/2026; Exercise Price: $63.00 | (211328) | (32) | (10880) |
| Newmont Corp., Expiration: 5/1/2026; Exercise Price: $115.00 | (166635) | (15) | (278) |
| NexGen Energy Ltd., Expiration: 5/15/2026; Exercise Price: $12.00 | (169695) | (135) | (13500) |
| Nucor Corp., Expiration: 5/15/2026; Exercise Price: $200.00 | (247819) | (11) | (29040) |
| NuScale Power Corp., Expiration: 5/1/2026; Exercise Price: $13.00 | (185654) | (149) | (1788) |
| Pan American Silver Corp., Expiration: 5/8/2026; Exercise Price: $54.00 | (151641) | (29) | (4350) |
| Royal Gold, Inc., Expiration: 5/15/2026; Exercise Price: $280.00 | (116690) | (5) | (413) |
| Royal Gold, Inc., Expiration: 5/15/2026; Exercise Price: $270.00 | (23338) | (1) | (125) |
| Southern Copper Corp., Expiration: 5/8/2026; Exercise Price: $180.00 | (154521) | (9) | (1980) |
| Steel Dynamics, Inc., Expiration: 5/15/2026; Exercise Price: $200.00 | (228660) | (10) | (29450) |
| Uranium Energy Corp., Expiration: 5/1/2026; Exercise Price: $15.50 | (189103) | (127) | (2413) |
| VanEck Gold Miners ETF, Expiration: 5/8/2026; Exercise Price: $89.00 | (167751) | (19) | (3448) |
| VanEck Junior Gold Miners ETF, Expiration: 5/8/2026; Exercise Price: $118.00 | (127974) | (11) | (2442) |
| VanEck Rare Earth and Strategic Metals ETF, Expiration: 5/15/2026; Exercise Price: $105.00 | (263575) | (25) | (11125) |
| Wheaton Precious Metals Corp., Expiration: 5/8/2026; Exercise Price: $129.00 | (151752) | (12) | (3540) |
| **Total Call Options** |  |  | (169890) |
| **Put Options - (1.6)%** |  |  |  |
| Amplify Junior Silver Miners ETF, Expiration: 5/15/2026; Exercise Price: $31.01 | (117280) | (40) | (9217) |
| Global X Lithium & Battery Tech ETF, Expiration: 7/17/2026; Exercise Price: $71.01 | (202952) | (23) | (2222) |
| Global X Silver Miners ETF, Expiration: 7/17/2026; Exercise Price: $95.01 | (168302) | (19) | (22127) |
| VanEck Gold Miners ETF, Expiration: 7/17/2026; Exercise Price: $97.01 | (167751) | (19) | (22707) |
| VanEck Junior Gold Miners ETF, Expiration: 6/18/2026; Exercise Price: $126.01 | (127974) | (11) | (15303) |
| **Total Put Options** |  |  | (71576) |
| **TOTAL WRITTEN OPTIONS (Premiums received $175,804)** |  |  | $(241466) |

---

Percentages are stated as a percent of net assets.

(a) Exchange-traded.

(b) 100 shares per contract.

## 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:** 8449867676

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

- **a. Name of Series:** Yieldmax Strategic Metals & Mining Portfolio Option Income ETF

- **b. EDGAR series identifier (if any):** S000101611

- **c. LEI of Series:** 25490094EUST5UNCQM75

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $4760556.40

**Total Liabilities:** $252493.37

**Net Assets:** $4508063.03

**Cash Not Reported:** $192736.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000271821 | 0.42%                | -11.10%              | 6.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $3855.20                                   |
| Month 2  | $0.00                    | $-391111.08                                |
| Month 3  | $-6418.08                | $303646.11                                 |

**Designated Index Information**

- **Index Name:** State Street SPDR S&P Metals & Mining ETF

- **Index Identifier:** XME

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Agnico Eagle Mines Ltd         | Agnico Eagle Mines Ltd                     | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |       795 | NS      | $149626.95    | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                 | Albemarle Corp                             | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      1056 | NS      | $207715.20    | 4.61%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                  | BHP Group Ltd                              | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |      1809 | NS      | $143453.70    | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                    | Cameco Corp                                | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      1665 | NS      | $204861.60    | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       200 | NS      | $178022.00    | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                  | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |       608 | NS      | $190304.00    | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Fuels Inc/Canada        | Energy Fuels Inc/Canada                    | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | US        |      6476 | NS      | $140140.64    | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    633754 | NS      | $633754.50    | 14.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      2878 | NS      | $166290.84    | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co                | Hecla Mining Co                            | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |      8064 | NS      | $145313.28    | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp              | MP Materials Corp                          | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |      3256 | NS      | $215026.24    | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      1536 | NS      | $170634.24    | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| NexGen Energy Ltd              | NexGen Energy Ltd                          | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Long             | EC               | CORP              | CA        |     13580 | NS      | $170700.60    | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                     | Nucor Corp                                 | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      1107 | NS      | $249396.03    | 5.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp             | NuScale Power Corp                         | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14936 | NS      | $186102.56    | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp                   | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |      2908 | NS      | $152059.32    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                 | Royal Gold Inc                             | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |       666 | NS      | $155431.08    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp           | Southern Copper Corp                       | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |       904 | NS      | $155207.76    | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc             | Steel Dynamics Inc                         | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      1010 | NS      | $230946.60    | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Energy Corp            | Uranium Energy Corp                        | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | CA        |     12796 | NS      | $190532.44    | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Rare Earth and Strategi | VanEck Rare Earth and Strategic Metals ETF | CUSIP: 92189H805<br>LEI: 549300CC0W53Y8C5LO70 | Long             | EC               | RF                | US        |      2503 | NS      | $263891.29    | 5.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp   | Wheaton Precious Metals Corp               | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |      1220 | NS      | $154281.20    | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | GDX 07/17/2026 97.01 P                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -19 | NC      | $-22707.09    | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GDXJ 06/18/2026 126.01 P                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -11 | NC      | $-15302.87    | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | LIT 07/17/2026 71.01 P                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -23 | NC      | $-2222.49     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIL 07/17/2026 95.01 P                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -19 | NC      | $-22126.83    | -0.49%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SILJ 05/15/2026 31.01 P                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -40 | NC      | $-9217.20     | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AEM US 05/01/26 C187.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -7 | NC      | $-2660.00     | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | AEM US 05/01/26 C190                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         7 | NC      | $1890.00      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | ALB US 05/01/26 C195                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-4525.00     | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | ALB US 05/01/26 C205                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        10 | NC      | $1005.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BHP US 05/15/26 C80                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -18 | NC      | $-3600.00     | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | BHP US 05/15/26 C85                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        18 | NC      | $990.00       | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CAT US 05/01/26 C865                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -2 | NC      | $-5210.00     | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CAT US 05/01/26 C895                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $1235.00      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CCJ US 05/08/26 C120                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -16 | NC      | $-11560.00    | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CCJ US 05/08/26 C125                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        16 | NC      | $7560.00      | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CEG US 05/01/26 C287.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -6 | NC      | $-15360.00    | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CEG US 05/01/26 C300                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         6 | NC      | $7860.00      | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | FCX US 05/01/26 C60                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -28 | NC      | $-224.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | FCX US 05/01/26 C62                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        28 | NC      | $56.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GDX US 05/08/26 C89                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -19 | NC      | $-3448.50     | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GDX US 05/08/26 C93                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        19 | NC      | $893.00       | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GDX US 07/17/26 C97                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        19 | NC      | $7932.50      | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GDXJ US 05/08/26 C118                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -11 | NC      | $-2442.00     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GDXJ US 05/08/26 C124                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        11 | NC      | $797.50       | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GDXJ US 06/18/26 C126                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        11 | NC      | $5472.50      | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HL US 05/08/26 C18.5                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -80 | NC      | $-5480.00     | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | HL US 05/08/26 C19.5                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        80 | NC      | $2240.00      | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | LIT US 05/15/26 C83                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -23 | NC      | $-13455.00    | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | LIT US 07/17/26 C71                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        23 | NC      | $40710.00     | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MP US 05/01/26 C63                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -32 | NC      | $-10880.00    | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | MP US 05/01/26 C66                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        32 | NC      | $4032.00      | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NEM US 05/01/26 C115                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-277.50      | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NEM US 05/01/26 C120                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        15 | NC      | $30.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NUE US 05/15/26 C200                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -11 | NC      | $-29040.00    | -0.64%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NUE US 05/15/26 C230                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        11 | NC      | $4180.00      | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NXE US 05/15/26 C12                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -135 | NC      | $-13500.00    | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NXE US 05/15/26 C15                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       135 | NC      | $1350.00      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PAAS US 05/08/26 C54                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -29 | NC      | $-4350.00     | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | PAAS US 05/08/26 C57                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        29 | NC      | $1885.00      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | REMX US 05/15/26 C105                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-11125.00    | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | REMX US 05/15/26 C125                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        25 | NC      | $1125.00      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | RGLD US 05/15/26 C270                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -1 | NC      | $-125.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | RGLD US 05/15/26 C280                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -5 | NC      | $-412.50      | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | RGLD US 05/15/26 C310                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $25.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SCCO US 05/08/26 C180                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -9 | NC      | $-1980.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SCCO US 05/08/26 C190                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         9 | NC      | $675.00       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIL US 05/15/26 C100                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -19 | NC      | $-1140.00     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIL US 05/15/26 C125                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        19 | NC      | $95.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SIL US 07/17/26 C95                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        19 | NC      | $11305.00     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SILJ US 05/08/26 C31                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -40 | NC      | $-1020.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SILJ US 05/08/26 C33                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        40 | NC      | $320.00       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SILJ US 05/15/26 C31                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        40 | NC      | $2860.00      | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SMR US 05/01/26 C13                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -149 | NC      | $-1788.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | SMR US 05/01/26 C14                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       149 | NC      | $298.00       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | STLD US 05/15/26 C200                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-29450.00    | -0.65%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | STLD US 05/15/26 C240                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        10 | NC      | $3500.00      | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UEC US 05/01/26 C15.5                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -127 | NC      | $-2413.00     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UEC US 05/01/26 C16.5                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       127 | NC      | $190.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UUUU US 05/01/26 C22                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -64 | NC      | $-1984.00     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | UUUU US 05/01/26 C23                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        64 | NC      | $448.00       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | WPM US 05/01/26 C146                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -12 | NC      | $-240.00      | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | WPM US 05/01/26 C152.5                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        12 | NC      | $330.00       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-25

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer