# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0000894189-26-016459
**Filing Date:** 2026-5
**Character Count:** 31705
**Document Hash:** 1019ca28171b5ad5107390a515d9130e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-016459.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000894189-26-016459

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**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:** 261037318

**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

### Chesapeake Trend-Following Fixed Income ETF (Series ID: S000101310)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000271457 | Chesapeake Trend-Following Fixed Income ETF | TFFI            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **EXCHANGE TRADED FUNDS - 35.6%** | **Shares**  | **Value**  |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 6688 | $628204 |
| iShares MBS ETF | 8667 | 822932 |
| iShares National Muni Bond ETF | 19565 | 2076825 |
| iShares Preferred and Income Securities ETF | 41478 | 1257613 |
| iShares TIPS Bond ETF | 15774 | 1740819 |
| State Street SPDR Bloomberg Convertible Securities ETF | 13626 | 1247051 |
| Vanguard Intermediate-Term Corporate Bond ETF | 10530 | 871357 |
| Vanguard Short-Term Corporate Bond ETF | 21212 | 1681475 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $10,529,309) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $10,529,309) | 10326276 |
| **REAL ESTATE INVESTMENT TRUSTS - 0.9%** |  |  |
| Blackstone Mortgage Trust, Inc. - Class A <sup>(a)</sup> | 13935 | 266855 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $273,309) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Cost $273,309) | 266855 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 24.6%** |  |  |
| First American Government Obligations Fund - Class X, 3.58% <sup>(b)</sup> | 7118086 | 7118086 |
| **TOTAL MONEY MARKET FUNDS** (Cost $7,118,086) | **TOTAL MONEY MARKET FUNDS** (Cost $7,118,086) | 7118086 |
| **TOTAL INVESTMENTS - 61.1% (**Cost $17,920,704**)** | **TOTAL INVESTMENTS - 61.1% (**Cost $17,920,704**)** | 17711217 |
| Other Assets in Excess of Liabilities - 38.9% | Other Assets in Excess of Liabilities - 38.9% | 11253851 |
| **TOTAL NET ASSETS - 100.0%** |  | $28965068 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |
| SPDR - Standard & Poor's Depositary Receipts | SPDR - Standard & Poor's Depositary Receipts |  |
| TIPS - Treasury Inflation-Protected Securities | TIPS - Treasury Inflation-Protected Securities |  |

---

(a) All or a portion of the security has been pledged as collateral for securities sold short. The fair value of securities committed as collateral as of March 31, 2026 was $59,633.

(b) The rate shown represents the 7-day annualized yield as of March 31, 2026.

------

---

| | | |
|:---|:---|:---|
| **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** |
| **Schedule of Securities Sold Short** | **Schedule of Securities Sold Short** | **Schedule of Securities Sold Short** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **REAL ESTATE INVESTMENT TRUSTS** - **(0.2)%** | **Shares** | **Value** |
| Starwood Property Trust, Inc. | (3070) | $(52865) |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Proceeds $53,318) | **TOTAL REAL ESTATE INVESTMENT TRUSTS** (Proceeds $53,318) | (52865) |
| **TOTAL SECURITIES SOLD SHORT** (Proceeds $53,318) |  | $(52865) |
| Percentages are stated as a percent of net assets. |  |  |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** | **Chesapeake Trend-Following Fixed Income ETF** |
| **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| The Cambria Trend-Following Fixed Income ETF had the following futures contracts outstanding with StoneX Financial, Inc.: | The Cambria Trend-Following Fixed Income ETF had the following futures contracts outstanding with StoneX Financial, Inc.: | The Cambria Trend-Following Fixed Income ETF had the following futures contracts outstanding with StoneX Financial, Inc.: | The Cambria Trend-Following Fixed Income ETF had the following futures contracts outstanding with StoneX Financial, Inc.: | The Cambria Trend-Following Fixed Income ETF had the following futures contracts outstanding with StoneX Financial, Inc.: |
| **Description** | **Contracts Purchased** | **Expiration Date** | **Notional Value** | **Value / Unrealized**<br>**Appreciation <br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Tokyo Overnight Average Rate | 45 | 09/15/2026 | $7001992 | $(29) |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Secured Overnight Financing Rate | 30 | 12/19/2028 | 7239750 | (20078) |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian 5 Year Government Bonds | 29 | 06/19/2026 | 2358361 | (21879) |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian 10 Year Government Bonds | 7 | 06/19/2026 | 601963 | (7482) |
| &nbsp;&nbsp;&nbsp;&nbsp;New Zealand 3 Month Treasury Bills | 61 | 12/16/2026 | 34516629 | (6635) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Ultra Long 10 Year Notes | 7 | 06/18/2026 | 794609 | (15870) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 10 Year Notes | 3 | 06/18/2026 | 333141 | (5215) |
|  |  |  |  | $(77188) |
|  |  |  |  | – |
| **Description** | **Contracts Sold** | **Expiration Date** | **Notional Value** | **Value / Unrealized** <br> **Appreciation**<br> (Depreciation) |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Canadian Overnight Repo Rate Average | (43) | 06/15/2027 | $7481208 | $10985 |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Canadian Overnight Repo Rate Average | (33) | 12/14/2027 | 5739619 | (10487) |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Euribor | (41) | 09/13/2027 | 11482976 | 40796 |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Euribor | (27) | 09/18/2028 | 7565071 | 6247 |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Secured Overnight Financing Rate | (25) | 12/14/2027 | 6033437 | 7393 |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Swiss Average Overnight Rate | (38) | 06/15/2027 | 11789434 | 10656 |
| &nbsp;&nbsp;&nbsp;&nbsp;3 Month Swiss Average Overnight Rate | (31) | 12/14/2027 | 9620590 | (1125) |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Day Federal Funds Rate | (32) | 08/31/2026 | 12852361 | 11311 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Day Federal Funds Rate | (30) | 11/30/2026 | 12049714 | 38259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australian Government 3 Year Bonds | (52) | 06/15/2026 | 3691641 | 9201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australian Government 10 Year Bonds | (18) | 06/15/2026 | 1328408 | 1546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australian 90 Day Bank Bills | (72) | 03/11/2027 | 48734697 | 44985 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australian 90 Day Bank Bills | (64) | 09/09/2027 | 43330290 | 36417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian 2 Year Government Bonds | (51) | 06/19/2026 | 3844140 | (14106) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-OAT | (6) | 06/08/2026 | 820532 | 4266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Schatz | (23) | 06/08/2026 | 2802454 | 21890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bobl | (13) | 06/08/2026 | 1728990 | 24983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | (10) | 06/08/2026 | 1444752 | 27562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Buxl | (4) | 06/08/2026 | 508169 | 5310 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICE 3 Month Sterling Overnight Index Average Rate | (17) | 12/14/2027 | 5368265 | 23377 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICE 3 Month Sterling Overnight Index Average Rate | (6) | 12/19/2028 | 1897451 | 1362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BTP Italian Government Bonds | (5) | 06/08/2026 | 669893 | 318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japanese 10 Year Government Bonds | (3) | 06/15/2026 | 2457288 | 27519 |
| &nbsp;&nbsp;&nbsp;&nbsp;Long Gilt | (4) | 06/26/2026 | 463076 | 2245 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BTP Italian Government Short Bonds | (46) | 06/08/2026 | 5610209 | 32691 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 2 Year Notes | (24) | 06/30/2026 | 4978687 | 29271 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 3 Year Notes | (11) | 06/30/2026 | 2325297 | (1681) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 5 Year Notes | (15) | 06/30/2026 | 1622695 | (2750) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bonds | (6) | 06/18/2026 | 683250 | 16852 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Ultra Long Bonds | (3) | 06/18/2026 | 349688 | 10769 |
|  |  |  |  | $416062 |
| **Net Unrealized Appreciation (Depreciation)** |  | $– | $– | $338874 |

---

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Chesapeake Trend-Following Fixed Income ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | $10326276 | $– | $– | $10326276 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | 266855 | – | – | 266855 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 7118086 | – | – | 7118086 |
| Total Investments | $17711217 | $– | $– | $17711217 |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts \* | $446211 | $– | $– | $446211 |
| Total Other Financial Instruments | $446211 | $– | $– | $446211 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts | $(52865) | $– | $– | $(52865) |
| Total Investments | $(52865) | $– | $– | $(52865) |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts \* | $(107337) | $– | $– | $(107337) |
| Total Other Financial Instruments | $(107337) | $– | $– | $(107337) |
| \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of March 31, 2026. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of March 31, 2026. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of March 31, 2026. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of March 31, 2026. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of March 31, 2026. |

---

## 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:** Chesapeake Trend-Following Fixed Income ETF

- **b. EDGAR series identifier (if any):** S000101310

- **c. LEI of Series:** 254900VL6JHFX4MTHL48

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $19291475.99

**Total Liabilities:** $145060.54

**Net Assets:** $19146415.45

**Cash Not Reported:** $1558724.21

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -11866.294744000000 | **1-Year:** -2836.473991000000 | **5-Year:** -303.192326000000 | **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 C000271457 |  | -0.01%               | -1.80%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  |  |  |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $-10700.98               | $-209034.28                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Blackstone Mortgage Trust Inc  | Blackstone Mortgage Trust Inc                          | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |     13935 | NS      | $266855.25    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund             | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   7118086 | NS      | $7118085.82   | 37.18%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares J.P. Morgan USD Emergi | iShares J.P. Morgan USD Emerging Markets Bond ETF      | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             | EC               | RF                | US        |      6688 | NS      | $628203.84    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MBS ETF                | iShares MBS ETF                                        | CUSIP: 464288588<br>LEI: 549300M0TH0IE2E6RP07 | Long             | EC               | RF                | US        |      8667 | NS      | $822931.65    | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 10YR NOTE (CBT)Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         3 | NC      | $-5214.59     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 10yr Ultra Fut Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         7 | NC      | $-15870.49    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-SCHATZ FUT   Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -23 | NC      | $21890.46     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | FED FUND 30DAY    Aug26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -32 | NC      | $11311.05     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | FED FUND 30DAY    Nov26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -30 | NC      | $38258.67     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Euro-OAT Future   Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -6 | NC      | $4266.30      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | ICE 3MTH SONIA FU Sep27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |       -17 | NC      | $23376.92     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-BUXL 30Y BND Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -4 | NC      | $5309.92      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares TIPS Bond ETF          | iShares TIPS Bond ETF                                  | CUSIP: 464287176<br>LEI: 549300EHD1VQKMRQ0829 | Long             | EC               | RF                | US        |     15774 | NS      | $1740818.64   | 9.09%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares National Muni Bond ETF | iShares National Muni Bond ETF                         | CUSIP: 464288414<br>LEI: 549300H21FUYFQW9N157 | Long             | EC               | RF                | US        |     19565 | NS      | $2076824.75   | 10.85%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Preferred and Income S | iShares Preferred and Income Securities ETF            | CUSIP: 464288687<br>LEI: 549300YX74JNY54XCY80 | Long             | EC               | RF                | US        |     41478 | NS      | $1257612.96   | 6.57%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CAN 10YR BOND FUT Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |         7 | NC      | $-7482.22     | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3M CORRA Futures  Mar27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |       -43 | NC      | $10984.92     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3M CORRA Futures  Sep27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |       -33 | NC      | $-10486.96    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CAN 2YR BOND FUT  Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |       -51 | NC      | $-14105.81    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3MO EURO EURIBOR  Sep27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |       -41 | NC      | $40795.78     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3MO EURO EURIBOR  Sep28                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |       -27 | NC      | $6246.77      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Euro-BTP Future   Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -5 | NC      | $317.47       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 90-DAY BANK BILL  Mar27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |       -72 | NC      | $44985.09     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 90-DAY BANK BILL  Sep27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |       -64 | NC      | $36417.17     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3MO TONA OSE      Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | JP        |        45 | NC      | $-28.61       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-BOBL FUTURE  Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -13 | NC      | $24982.79     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EURO-BUND FUTURE  Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -10 | NC      | $27562.17     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3 MONTH SOFR FUT  Sep28                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        30 | NC      | $-20078.10    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | 3 MONTH SOFR FUT  Sep27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -25 | NC      | $7393.25      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | AUST 10Y BOND FUT Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |       -18 | NC      | $1545.57      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | CAN 5YR BOND FUT  Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |        29 | NC      | $-21879.02    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | AUST 3YR BOND FUT Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |       -52 | NC      | $9200.68      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 3YR NOTE (CBT) Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -11 | NC      | $-1680.66     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Bloomberg Co | State Street SPDR Bloomberg Convertible Securities ETF | CUSIP: 78464A359<br>LEI: 549300IXKU3G7R6DMX93 | Long             | EC               | RF                | US        |     13626 | NS      | $1247051.52   | 6.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust Inc    | Starwood Property Trust Inc                            | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Short            | EC               | CORP              | US        |     -3070 | NS      | $-52865.40    | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Short-Term Corporate  | Vanguard Short-Term Corporate Bond ETF                 | CUSIP: 92206C409<br>LEI: N/A                  | Long             | EC               | RF                | US        |     21212 | NS      | $1681475.24   | 8.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Intermediate-Term Cor | Vanguard Intermediate-Term Corporate Bond ETF          | CUSIP: 92206C870<br>LEI: N/A                  | Long             | EC               | RF                | US        |     10530 | NS      | $871357.50    | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Short Euro-BTP Fu Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -46 | NC      | $32690.90     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 5YR NOTE (CBT) Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -15 | NC      | $-2750.37     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | LONG GILT FUTURE  Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |        -4 | NC      | $2244.68      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | JPN 10Y BOND(OSE) Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | JP        |        -3 | NC      | $27518.88     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | ICE 3MTH SONIA FU Sep28                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |        -6 | NC      | $1362.21      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Three-Month SARON Mar27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |       -38 | NC      | $10656.46     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Three-Month SARON Sep27                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |       -31 | NC      | $-1125.32     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 2YR NOTE (CBT) Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -24 | NC      | $29271.31     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US LONG BOND(CBT) Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -6 | NC      | $16851.66     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US ULTRA BOND CBT Jun26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -3 | NC      | $10769.34     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NEW ZEAL 3MO BILL Dec26                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | NZ        |        61 | NC      | $-6634.72     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Peter Chappy

**Name of Signer:** Peter Chappy

**Title:** Assistant Treasurer