Unity Wealth Partners Dynamic Capital Appreciation & Options ETF

C000251179 Fund Overview

Unity Wealth Partners Dynamic Capital Appreciation & Options ETF is a US ETF managed by Tidal Trust III, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Tidal Trust III
• Category: United States Large Cap Blend / Core Equity
• Assets under management: $3.41M
• SEC CIK: 0001722388
• SEC series ID: S000085784
• Share class ID: C000251179

C000251179 Investment Objective and Strategy

Unity Wealth Partners Dynamic Capital Appreciation & Options ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tidal Trust III.

Investment objective

The Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (the Fund) seeks long-term capital appreciation.

Principal investment strategy

The Fund is an actively managed exchange-traded fund (ETF) that seeks broad-equity market exposure, as well as exposure to certain individual equity securities while also employing an options overlay strategy (via risk-defined options) to seek to limit potential losses and to generate additional income. Core Capital Appreciation Strategy The Funds Core Capital Appreciation Strategy involves two elements. First, the Fund seeks to obtain broad-based equity market exposure by investing in passively managed U.S. large-cap equity ETFs that track broad equity indices. The Funds sub-adviser, Unity Wealth Partners LLC (the Sub-Adviser), selects indices that provide broad exposure to U.S. large cap stocks and selects specific ETFs tracking those indices based on favorable liquidity and fees. Second, the Fund will invest directly in stocks of individual U.S.

large-cap growth, large-cap value, and mid-cap growth companies that meet certain growth dynamics discussed below. Typically, approximately 30% to 70% of the Funds equity exposure will be in passively-managed ETFs and 30% to 70% will be in individual stocks. The Sub-Adviser will maintain exposure to broad-based, passively-managed ETFs at all times to ensure the Fund is diversified and has coverage of the major indices (e.g., S&P 500, Nasdaq, and Dow Jones Industrial Average). This ETF exposure forms the foundation of the Fund, allowing it to participate in broad market movements. The level of exposure may be adjusted based on various factors, including macroeconomic developments, valuation, and technical indicators. The Sub-Adviser generally prefers individual stocks over ETFs when factors like competitive advantages, growth rates relative to sector and peers, business models, and financial strength favor holding individual stocks.

In the process of selecting individual companies for inclusion, the Sub-Adviser assesses factors such as: ? sustainable competitive advantages (e.g., strong brand recognition, patented technology, efficient supply chain, etc.); ? above average growth rates relative to sector and/or peer group (revenue growth, margin expansion, recurring revenue streams, total addressable market, etc.); ? innovative business models (e.g., diversified revenue streams, competitive pricing strategy, sustainability, scalability of technology and infrastructure, customer acquisition and retention, etc.); and ? financial strength (e.g., strong cash reserves, low debt-to-equity ratio, dividend growth, dividend yield, consistent profitability, etc.). Additionally, the Sub-Adviser looks for established industry leaders with, in the Sub-Advisers assessment, attractive valuation metrics and growth potential.

The Sub-Adviser may also estimate the intrinsic value of a companys stock and its growth potential by considering, among other things, economic, financial and qualitative factors. These include key metrics such as Price-to-Earnings (P/E) ratio and the Price/Earnings to Growth (PEG) ratio, as well as considerations of the total addressable market, company fundamentals such as balance sheet strength and dividend yield, as well as company valuation relative to its sector and/or peer group. Furthermore, the Sub-Adviser analyzes emerging trends within each sector and evaluates each stock position to capitalize on these trends. Please see Additional Information About the Fund for information about the financial terms discussed above. In addition, the Sub-Adviser will evaluate certain companies for their value potential.

This assessment involves identifying instances of mispricing where the Sub-Adviser believes value will ultimately be reflected in the companys stock price. The Funds holdings of value stocks are intended to complement its overall growth orientation and offer opportunities for potential appreciation. The Sub-Adviser actively integrates both long-term and short-term investment strategies into the core strategy portfolio construction process. When the price of a Fund position (stock or ETF) has experienced a significant increase, the Sub-Adviser may sell a portion of that position to maintain a balanced portfolio allocation. The Sub-Adviser utilizes technical indicators (such as Relative Strength Index, moving averages and Bollinger Bands, described further below), to inform its selling decisions.

These indicators provide additional insight into market trends and momentum shifts, aiding the Sub-Adviser in making informed investment decisions. The Sub-Adviser also utilizes fundamental analysis such as valuation metrics and growth rates to inform its selling decisions. Please see Additional Information About the Fund for information about the financial terms discussed above. Options Overlay Strategies The Fund employs a number of options overlay strategies to seek to limit potential losses (as discussed below for each strategy) from its Core Capital Appreciation Strategy and to generate additional income. The Funds options overlay strategy seeks to take advantage of market inefficiencies, volatility and specific market outlooks while adhering to disciplined risk management principles.

Additionally, the Funds options strategy has the potential to generate premium income via the sale of option contracts. This strategy grants flexibility to dynamically hedge against downside risks or capitalize on market opportunities as conditions evolve. Adjustments to options positions are made swiftly and efficiently to align with changing market dynamics or investment objectives. The Funds options overly strategies include covered calls, put spreads, call spreads, and iron condors. Each strategy involves buying and selling options contracts individually or in various combinations with predetermined strike prices and expiration dates. ? Covered Call Strategy : The Sub-Adviser may employ a covered call strategy to seek to enhance the Funds returns. For example, the Sub-Adviser may use the covered call strategy when the Sub-Adviser has set a specific target price for selling a security in the Funds portfolio.

In that case, the Fund may write a covered call at that same target price, which is expected to generate income if the security reaches that predetermined exit price. In addition, the Sub-Adviser may employ a covered call strategy when a particular Fund holding is heavily overbought. In that case, the Sub-Adviser may use a covered call to seek to buffer any short-term reversions, intending to retain the Funds holding while generating additional income. When employing a covered call strategy, the Fund will hold a long position in an asset and sell call options on that same asset to seek to generate income through premiums. The strategy aims to generate income through the premiums received from selling the call options, while also potentially benefiting from potential appreciation in the underlying asset up to the amount of the strike price.

The use of a covered call strategy will limit the potential gains the Fund may realize on long holdings in the underlying asset. If the underlying asset increases significantly in price, the Fund may be required to sell the shares at a lower price than it could have obtained by simply selling the asset on the open market. ? Maximum Gain: The premium received for the options sold, plus the potential upside in the stock between the current price and the strike price. ? Maximum Loss: The purchase price of the underlying stock less the premium received. ? Put Spread Strategy: The Sub-Adviser may engage in put spread transactions as part of the Funds investment strategy. A put spread involves simultaneously buying and selling put options on the same underlying asset, but with different strike prices.

Specifically, the Sub-Adviser will sell a put option with a higher strike price to take in premium income and use some of the premium income to buy a put option at a lower strike price to risk-define the trade. This strategy aims to profit from an increase, range-bound or moderate decrease in the price of the underlying asset. ? Maximum Gain: Equal to the premium received ? Maximum Loss: The difference between the strike prices of the put options, less the net premium received. ? Call Spread Strategy: The Sub-Adviser may execute call spread transactions within the Funds investment strategy. A call spread involves simultaneously buying and selling call options on the same underlying asset, but with different strike prices. Specifically, the Sub-Adviser will sell a call option with a lower strike price to take in premium income and use some of the premium income to buy a call option at a higher strike price to risk-define the trade.

This strategy aims to profit from a decrease, range-bound or moderate increase in the price of the underlying asset. ? Maximum Gain: Equal to the premium received ? Maximum Loss: The difference between the strike prices of the call options, less the net premium received. ? Iron Condor Strategy: The Sub-Adviser may utilize iron condor transactions. This strategy involves simultaneously selling an out-of-the-money call option and an out-of-the-money put option, while also purchasing a call option with a higher strike price and a put option with a lower strike price. The aim is to generate income through the premiums received from selling the call and put spread options, with the expectation that the underlying asset will remain within a certain price range (between the short call and short put strikes) until expiration.

? Maximum Gain: The net premium received from selling the call and put options. ? Maximum Loss: The difference between the strike prices of either (not both) the call options or put options sold and purchased, less the net premium received. The Funds portfolio allocated to each options strategy is subject to a defined maximum potential loss, providing downside protection. With the exception of covered calls, the Funds option trades will be risk-defined via option spreads, and the maximum loss (i.e., the maximum amount the Fund could lose on a given options trade) of any given option is equal to the difference between the strike prices of the two options in the spread less the premium income received. For covered calls, the Funds risk is that the underlying asset rises in value above the strike price, and the Fund is obliged to sell the asset at the lower, predetermined price.

The options overlay strategy may generate income through the premium received from selling options contracts. The Fund will invest in liquid options contracts to seek to minimize slippage, which is the difference between the expected price of a trade and the actual price at which the trade is executed. This difference can occur due to various factors, such as market volatility, order size, and liquidity. Cash Reserves The Fund will maintain an allocation to cash (e.g., money market funds and short-term U.S. Treasury securities), which will fluctuate based on market conditions and investment opportunities. Generally, the Funds cash position will range between 0-20% of the Funds portfolio value. This cash will be utilized to cover any risk-defined option trades and seek to take advantage of favorable market conditions for equity purchases.

Portfolio Holdings/Attributes: The Funds Core Capital Appreciation Strategy portfolio will generally be comprised of between 40 and 50 individual stocks and 2 to 10 broad-based, large-cap ETFs. The Funds overall portfolio allocation will generally reflect: (i) 60-100% equity exposure, (ii) 0-20% options exposure, and (iii) 0-20% cash exposure. The Fund will invest, under normal circumstances, at least 80% of its net assets plus the amount of borrowings for investment purposes, in the Funds Core Capital Appreciation Strategy and Options Strategy. The Fund is classified as a diversified fund under the 1940 Act.

C000251179 Holdings

Top 10 holdings of Unity Wealth Partners Dynamic Capital Appreciation & Options ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000251179 holdings

C000251179 Portfolio Allocation

Asset-class allocation of Unity Wealth Partners Dynamic Capital Appreciation & Options ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000251179 Costs and Fees

C000251179 costs about $96 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.96%
• Gross expense ratio: 0.96%

C000251179 Cashflows

Over the 12 months to 2025-03, Unity Wealth Partners Dynamic Capital Appreciation & Options ETF had net inflows of $2.99M, from monthly SEC N-PORT filings.

C000251179 Debt Constituents

No individual debt constituents are reported in Unity Wealth Partners Dynamic Capital Appreciation & Options ETF's latest SEC N-PORT filing.

C000251179 Prospectus and SEC Filings

Official Unity Wealth Partners Dynamic Capital Appreciation & Options ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2024-07-16
• Portfolio holdings (N-PORT) — filed 2025-05-30
• Portfolio holdings (N-PORT) — filed 2025-02-18
• Portfolio holdings (N-PORT) — filed 2024-11-27

Related Funds

Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:

• Vanguard Total Stock Market Index Fund (VTSMX)
• Vanguard 500 Index Fund (VFINX)
• iShares Core S&P 500 ETF (IVV)
• Fidelity 500 Index Fund (FXAIX)
• Vanguard Institutional Index Fund (VINIX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.