MRBL Enhanced Equity ETF
Methodology
EDGE seeks 125% exposure to large-capitalization US equity securities.
Why purchase this ETF
EDGE offers approximately 1.25x (125%) exposure to a large-cap U.S. equity securities, providing investors an opportunity to outperform the standard equity returns by using moderate leverage without direct margin borrowing.
Fund Objective
The MRBL Enhanced Equity ETF seeks capital appreciation.
Fund Documents
Fund Details
| 1 | ||
|---|---|---|
| 1 | Ticker | EDGE |
| 2 | Fund Type | Active |
| 3 | CUSIP | 02072Q705 |
| 4 | Exchange | Cboe |
| 5 | Inception | 2025-01-21 |
| 6 | Net Assets | $5.8 million |
| 7 | Gross Expense Ratio | 0.74% |
| 8 | 30-Day Bid/Ask Spread | 0.09% |
| 9 | As of Date | 2025-12-01 |
NAV and Market Price
| Field | Last | 1-Day Change ($) | 1-Day Change (%) |
|---|---|---|---|
| NAV | $44.61 | $0.18 | 0.41% |
| Market Price | $44.55 | $0.14 | 0.31% |
| Premium / Discount | -0.13% |
NAV is the sum of all assets less any liabilities, divided by the number of shares outstanding.
Month-End Performance
| As of Date |
|---|
| 10/31/2025 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EDGE | MKT | 2.53 | 8.36 | 20.43 | 10.76 | 10/31/2025 | |||||
| EDGE | NAV | 2.47 | 8.27 | 20.62 | 10.66 | 10/31/2025 |
Quarter-End Performance
| As of Date |
|---|
| 09/30/2025 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EDGE | MKT | 3.41 | 8.44 | 16.21 | 8.03 | 09/30/2025 | |||||
| EDGE | NAV | 3.32 | 8.54 | 16.34 | 8.00 | 09/30/2025 |
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than that quoted.
Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the fund in creation units.
Historical Premium / Discount
Completed Calendar Quarters of Current Year
| Year | Quarter | Days Traded at Premium | Days Traded at Discount |
|---|---|---|---|
| 2025 | 1 | 46 | 19 |
The fund is traded at a premium if the price of the fund is trading above its NAV. Conversely, the fund is traded at a discount if the price of the fund is trading below its NAV.
Most Recent Completed Calendar Year
| Days Traded at Premium | Days traded at Discount |
|---|---|
Fund Distributions
| Ex Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Total Capital Gain | Total Distro |
|---|
Fund Holdings
| Ticker | Name | CUSIP | Shares | Price | Market Value ($mm) | % of Net Assets | EFFECTIVE_DATE |
|---|---|---|---|---|---|---|---|
| 2SPY 251219C00010010 | 2SPY US 12/19/25 C10.01 FLX | 1 | 671.42 | 0.07 | 1.16 | 12/01/2025 | |
| 2SPY 251219C10010010 | SPY 12/19/2025 10010.01 C | -1 | 0.10 | 0.00 | 0.00 | 12/01/2025 | |
| 2SPY 251219P00010010 | SPY 12/19/2025 10.01 P | -1 | 0.10 | 0.00 | 0.00 | 12/01/2025 | |
| 2SPY 251219P10010010 | SPY 12/19/2025 10010.01 P | 1 | 9,303.78 | 0.93 | 16.04 | 12/01/2025 | |
| 2SPY 260320C00203010 | SPY 03/20/2026 203.01 C | 117 | 480.15 | 5.62 | 96.86 | 12/01/2025 | |
| FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 61,163 | 100.00 | 0.06 | 1.05 | 12/01/2025 |
| 4SPX 251219C06840010 | SPX 12/19/2025 6840.01 C | -9 | 101.43 | -0.09 | -1.57 | 12/01/2025 | |
| 4SPY 260320C00200010 | SPY 03/20/2026 200.01 C | -16 | 483.11 | -0.77 | -13.33 | 12/01/2025 | |
| 4XSP 251219C00684010 | XSP 12/19/2025 684.01 C | -11 | 10.19 | -0.01 | -0.19 | 12/01/2025 | |
| Cash&Other | Cash & Other | -1,424 | 1.00 | 0.00 | -0.02 | 12/01/2025 |
Fund holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.