TRIL — VegaShares Trillions ETF

TRIL Fund Overview

TRIL — VegaShares Trillions ETF is a US ETF managed by Tidal Trust IV, categorised as Global (incl. US) 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: Global (incl. US) Blend / Core Equity
• Ticker: TRIL
• SEC CIK: 0002043390
• SEC series ID: S000106712
• Share class ID: C000277598

TRIL Investment Objective and Strategy

VegaShares Trillions ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tidal Trust IV.

Investment objective

The VegaShares Trillions ETF (the “Fund”) seeks capital appreciation.

Principal investment strategy

Overview The Fund is an actively managed exchange-traded fund (“ETF”) that seeks capital appreciation by investing, directly or indirectly, in a portfolio of equity securities based on the BITA Trillion Dollar Cap Index (the “Index”). The Index tracks a selection of global publicly listed securities with a market capitalization of at least USD 1 trillion (“Trillion Dollar Assets”). The Fund will not replicate the Index, as the Fund’s investment sub-adviser, Vega Capital Partners, LLC (“Vega” or the “Sub-Adviser”), exercises investment discretion in constructing the Fund’s investment portfolio. For example, Vega: (i) determines whether, in its judgement, it is more favorable to the Fund for it to invest directly or synthetically in each security in the Index; (ii) reallocates the Fund’s portfolio holdings more frequently than the Index is rebalanced, when Vega believes doing so is in the Fund’s interest; and (iii) to the extent required for the Fund’s portfolio to comply with relevant regulatory requirements, invests in securities not currently included in the Index.

In addition, the Fund will maintain an allocation to cash and/or U.S. Treasuries. While the Index’s methodology serves as the primary basis for the Fund’s portfolio construction and the identification of Trillion Dollar Assets, the Sub-Adviser will actively manage the Fund. The Sub-Adviser may buy or sell securities not yet included in, or not yet removed from, as the case may be, the Index prior to the Index’s rebalancing and reconstitution. Generally, the Sub-Adviser will use the Index’s criteria to guide its decisions. If the Sub-Adviser receives new information about an existing portfolio security or a potential Trillion Dollar Asset company after the Index’s last rebalancing and reconstitution, it has the discretion to trade those securities before the next Index rebalancing and reconstitution.

For example, the Sub-Adviser may identify negative issues with a company’s outlook or potential opportunit

TRIL Costs and Fees

TRIL costs about $49 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.49%
• Gross expense ratio: 0.49%

TRIL Debt Constituents

No individual debt constituents are reported in VegaShares Trillions ETF's latest SEC N-PORT filing.

TRIL Prospectus and SEC Filings

Official VegaShares Trillions ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-07-30

Related Funds

Other Global (incl. US) Blend / Core Equity funds tracked on ABC INVEST:

• Strategic Advisers Fidelity International Fund (FUSIX)
• Strategic Advisers International Fund (FILFX)
• First American Multi-Manager International Equity Fund (FAIEX)
• Symmetry Panoramic International Equity Fund (SPILX)
• FPA Paramount Fund, Inc. (FPRAX)

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.