# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0002000324-26-002663
**Filing Date:** 2026-6
**Character Count:** 11598
**Document Hash:** 8c59d9cee0cccea52444e236afd8bb98
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-002663.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002000324-26-002663

**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:** 261122655

**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) NVDA Performance & Distribution Target 25(TM) ETF (Series ID: S000092173)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000260103 | YieldMax(R) NVDA Performance & Distribution Target 25(TM) ETF | NVIT            |

## Nport-Ex

**YieldMax NVDA Performance & Distribution Target 25 ETF**

**Schedule of Investments**

**April 30, 2026 (Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**PURCHASED OPTIONS - 9.6%<sup>(a)(b)(c)(d)</sup>** | **Notional Amount** | **Contracts** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Call Options - 9.6%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corp., Expiration: 5/15/2026; Exercise Price: $210.00 | $8741166 | 438 | $108186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corp., Expiration: 5/15/2026; Exercise Price: $185.01 | 3692045 | 185 | 305378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corp., Expiration: 5/15/2026; Exercise Price: $185.00 | 5049121 | 253 | 418715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total Call Options** |  |  | 832279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL PURCHASED OPTIONS (Cost $768,318)** |  |  | 832279 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**SHORT-TERM INVESTMENTS - 68.4%** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Money Market Funds - 2.6%** | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First American Government Obligations Fund - Class X, 3.58%<sup>(e)</sup> | 225646 | 225646 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**U.S. Treasury Bills - 65.8%** | **Principal <br> Amount** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bill, 6/11/2026, 3.57%<sup>(f)(g)</sup> | $474000 | 472059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bill, 7/9/2026, 3.63%<sup>(f)(g)</sup> | 821000 | 815331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bill, 8/6/2026, 3.63%<sup>(f)(g)</sup> | 1223000 | 1211203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bill, 9/3/2026, 3.64%<sup>(f)(h)</sup> | 3282000 | 3241260 |
|  |  | 5739853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENTS (Cost $5,966,263)** |  | 5965499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL INVESTMENTS - 78.0% (Cost $6,734,581)** |  | $6797778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Assets in Excess of Liabilities - 22.0% |  | 1920312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL NET ASSETS - 100.0%** |  | $8718090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percentages are stated as a percent of net assets. |  |  |

---

(a) Exchange-traded.

(b) 100 shares per contract.

(c) Held in connection with written option contracts.
 See Schedule of Written Options Contracts for further information.

(d) Non-income producing security.

(e) The rate shown represents the 7-day annualized
 effective yield as of April 30, 2026.

(f) The rate shown is the annualized effective yield
 as of April 30, 2026.

(g) 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 $1,934,464.

(h) Fair value of this security exceeds 25% of the
 Fund's net assets. Additional information for this security, including the financial statements, is available from the
 SEC's EDGAR database at www.sec.gov.

**YieldMax NVDA Performance & Distribution Target 25 ETF**

**Schedule of Written Options Contracts**

**April 30, 2026 (Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| **WRITTEN OPTIONS - (3.9)%<sup>(a)(b)</sup>** | **Notional<br> Amount** | **Contracts** | **Value** |
| **Call Options - (3.1)%** |  |  |  |
| NVIDIA Corp., Expiration: 5/15/2026; Exercise Price: $200.00 | $(8741166) | (438) | $(270465) |
| **Put Options - (0.8)%** |  |  |  |
| NVIDIA Corp., Expiration: 5/15/2026; Exercise Price: $185.01 | (8741166) | (438) | (70303) |
| **TOTAL WRITTEN OPTIONS (Premiums received $775,670)** |  |  | $(340768) |
| 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 Nvda Performance & Distribution Target 25 ETF

- **b. EDGAR series identifier (if any):** S000092173

- **c. LEI of Series:** 254900E2FTH3NWK0FZ76

**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:** $9059621.07

**Total Liabilities:** $345329.07

**Net Assets:** $8714292.00

**Cash Not Reported:** $2260633.42

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -166.18 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000260103 | -3.61%               | 0.58%                | 9.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-4.73                                     |
| Month 2  | $0.00                    | $-460.06                                   |
| Month 3  | $0.00                    | $272.30                                    |

**Designated Index Information**

- **Index Name:** NVIDIA Corp

- **Index Identifier:** NVDA

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    225646 | NS      | $225646.42    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | NVDA 05/15/2026 185.01 C                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       185 | NC      | $305377.65    | 3.50%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVDA 05/15/2026 185.01 P                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -438 | NC      | $-70303.38    | -0.81%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVIDIA Corp                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       438 | NC      | $108186.00    | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVDA US 05/15/26 C185                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       253 | NC      | $418715.00    | 4.80%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | NVDA US 05/15/26 C200                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -438 | NC      | $-270465.00   | -3.10%            |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797QX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    474000 | PA      | $472059.30    | 5.42%             | 2026-06-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797RF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    821000 | PA      | $815331.17    | 9.36%             | 2026-07-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797RG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1223000 | PA      | $1211202.81   | 13.90%            | 2026-08-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797RS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3282000 | PA      | $3241259.91   | 37.19%            | 2026-09-03      | Fixed         | 0.00%                 | 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