PUTS — DailyDelta SP500® Put Options Strategy ETF

PUTS Fund Overview

PUTS — DailyDelta SP500® Put Options Strategy ETF is a US ETF managed by Tidal Trust IV, 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 IV
• Category: United States Large Cap Blend / Core Equity
• Ticker: PUTS
• SEC CIK: 0002043390
• SEC series ID: S000108353
• Share class ID: C000279333

PUTS Investment Objective and Strategy

DailyDelta SP500® Put Options Strategy ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tidal Trust IV.

Investment objective

The Fund’s primary investment objective is to seek capital appreciation.

Principal investment strategy

The Fund is an actively managed exchange-traded fund (“ETF”) that seeks inverse exposure to the daily downside, or decrease in value of the S&P 500 Index (the “SP500 ® Index” or “Index”), which is an index that is designed to track the performance of the 500 of the largest companies listed on stock exchanges in the United States. The Fund also seeks to limit daily downside risk to 10% or less of the Fund’s net asset value (“NAV”). The Fund seeks to achieve this objective by investing in cash-settled exchange traded index options that are designed to track the inverse of the daily changes in the value of the SP500® Index. The Fund intends to invest only in cash-settled options, which means the holder of the option does not receive securities when the option is exercised. Instead, any payments are made in cash.

The Fund does not seek to provide one-to-one, or any other fixed multiple of, the daily performance of the Index. The term ‘DailyDelta’ refers to the Fund’s daily establishment of short-dated options exposure and to “delta,” which measures an option’s sensitivity to changes in its underlying reference asset. It does not represent a specific or fixed-multiple performance target. ● Purchasing Put Options . To enhance the Fund’s potential returns, the Fund employs a strategy that involves purchasing exchange-traded, cash-settled, index put options on the performance of the SP500 ® Index. These put options typically have a short time to expiration, such as one week or less, and in some cases, as little as one trading day. The Fund will purchase put options with a strike price that is close to then-current value of the SP500 ® Index at the time of purchase.

See “ Additional Information about the Funds ” for general information about options contracts. Under normal market conditions, the Fund expects to invest primarily in options contracts with daily expiry. In that case, on a daily basis, the Fund establishes new put positions and establishes new option loss limits

PUTS Costs and Fees

PUTS costs about $135 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.35%
• Gross expense ratio: 1.35%

PUTS Debt Constituents

No individual debt constituents are reported in DailyDelta SP500® Put Options Strategy ETF's latest SEC N-PORT filing.

PUTS Prospectus and SEC Filings

Official DailyDelta SP500® Put Options Strategy ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-09-24

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.