Roundhill ETFs
Roundhill Video Games ETF (NERD)
Roundhill Sports Betting & iGaming ETF (BETZ)
Roundhill Ball Metaverse ETF (METV)
Roundhill IO Digital Infrastructure ETF (BYTE)
Roundhill MEME ETF (MEME)
Roundhill Cannabis ETF (WEED)
Roundhill BIG Bank ETF (BIGB)
Roundhill BIG Tech ETF (BIGT)
SEMI-ANNUAL REPORT
June
30, 2023
(Unaudited)
Roundhill ETFs
Table of Contents
(Unaudited)
Schedules of Investments and Total Return Swaps |
2 |
Statements of Assets and Liabilities |
18 |
Statements of Operations |
21 |
Statements of Changes in Net Assets |
24 |
Financial Highlights |
28 |
Notes to Financial Statements |
32 |
Board Consideration and Approval of Advisory and Sub-Advisory Agreements |
46 |
Shareholder Expense Example |
56 |
Supplemental Information |
58 |
Review of Liquidity Risk Management Program |
60 |
1
Roundhill Video Games ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
COMMON STOCKS — 100.0% |
||||||||
Computers — 1.4% |
||||||||
Keywords Studios PLC (b) |
14,793 | $ | 340,406 | |||||
Internet — 3.9% |
||||||||
NCSoft Corp. (b) |
1,980 | 443,290 | ||||||
Webzen, Inc. (b) |
24,403 | 256,318 | ||||||
Wemade Co., Ltd. (b) |
9,181 | 272,089 | ||||||
971,697 | ||||||||
Software — 74.2% (d) |
||||||||
AppLovin Corp. - Class A (a)(e) |
22,255 | 572,621 | ||||||
Capcom Co., Ltd. (b) |
20,900 | 823,506 | ||||||
CD Projekt SA (b) |
15,286 | 582,591 | ||||||
COLOPL, Inc. (b) |
59,800 | 268,931 | ||||||
Com2uS Corp. (b) |
5,761 | 264,954 | ||||||
DeNA Co., Ltd. (b) |
24,700 | 319,570 | ||||||
Electronic Arts, Inc. |
19,220 | 2,492,834 | ||||||
Embracer Group AB (a)(b) |
124,537 | 310,844 | ||||||
Gree, Inc. (b) |
56,400 | 248,958 | ||||||
GungHo Online Entertainment, Inc. (b) |
18,800 | 367,454 | ||||||
IGG, Inc. (a)(b) |
568,000 | 281,224 | ||||||
International Games System Co., Ltd. (b) |
25,131 | 498,674 | ||||||
Kakao Games Corp. (a)(b) |
12,416 | 309,540 | ||||||
Koei Tecmo Holdings Co., Ltd. (b) |
25,200 | 433,353 | ||||||
Konami Group Corp. (b) |
11,000 | 572,394 | ||||||
Krafton, Inc. (a)(b) |
4,168 | 616,193 | ||||||
MIXI, Inc. (b) |
15,800 | 292,421 | ||||||
Modern Times Group AB - Class B (a)(b) |
45,482 | 289,492 | ||||||
Netmarble Corp. (a)(b)(f) |
8,078 | 301,013 | ||||||
Nexon Co., Ltd. (b) |
39,100 | 743,126 | ||||||
Paradox Interactive AB (b) |
14,564 | 367,023 | ||||||
Pearl Abyss Corp. (a)(b) |
10,526 | 420,193 | ||||||
ROBLOX Corp. - Class A (a)(e) |
40,448 | 1,630,054 | ||||||
Sega Sammy Holdings, Inc. (b) |
24,300 | 516,481 | ||||||
Square Enix Holdings Co., Ltd. (b) |
10,400 | 481,234 | ||||||
Stillfront Group AB (a)(b) |
165,106 | 275,602 | ||||||
Take-Two Interactive Software, Inc. (a)(e) |
12,887 | 1,896,451 | ||||||
Software (Continued) |
||||||||
Team17 Group PLC (a)(b) |
64,694 | $ | 296,094 | |||||
Ubisoft Entertainment SA (a)(b) |
14,937 | 421,748 | ||||||
Unity Software, Inc. (a)(e) |
25,622 | 1,112,507 | ||||||
Wemade Max Co., Ltd. (a)(b) |
30,716 | 241,504 | ||||||
18,248,584 | ||||||||
Toys/Games/Hobbies — 20.5% |
||||||||
Bandai Namco Holdings, Inc. (b) |
33,900 | 778,925 | ||||||
Nintendo Co., Ltd. (b) |
94,000 | 4,254,665 | ||||||
5,033,590 | ||||||||
TOTAL COMMON STOCKS (Cost $25,761,323) |
24,594,277 | |||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING — 20.2% |
||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 5.22% (c) |
4,989,523 | 4,989,523 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $4,989,523) |
4,989,523 | |||||||
TOTAL INVESTMENTS (Cost $30,750,846) — 120.2% |
29,583,800 | |||||||
Other assets and liabilities, net — (20.2)% |
(4,980,788 | ) | ||||||
NET ASSETS — 100.0% |
$ | 24,603,012 |
PLC Public Limited Company
(a) |
Non-income producing security. |
(b) |
Foreign issued security, or represents a foreign issued security. |
(c) |
The rate shown is the seven day yield at period end. |
(d) |
To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. |
(e) |
All or a portion of this security is on loan as of June 30, 2023. The market value of securities out on loan is $4,950,887. |
(f) |
Security exempt from registration pursuant to Rule 144a under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
Percentages are stated as a percent of net assets.
The accompanying notes are an integral part of the financial statements.
2
Roundhill Video Games ETF
Schedule of Investments
June 30, 2023 (Unaudited) (Continued)
COUNTRY |
Percentage
|
Japan |
41.1% |
United States |
31.3% |
Republic of Korea |
12.7% |
Sweden |
5.1% |
United Kingdom |
2.6% |
Poland |
2.4% |
Taiwan |
2.0% |
France |
1.7% |
Cayman Islands |
1.1% |
Total Country |
100.0% |
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
20.2% |
TOTAL INVESTMENTS |
120.2% |
Other assets and liabilities, net |
-20.2% |
NET ASSETS |
100.0% |
The accompanying notes are an integral part of the financial statements.
3
Roundhill Sports Betting & iGaming ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
COMMON STOCKS — 99.5% |
||||||||
Entertainment — 89.7% (e) |
||||||||
888 Holdings PLC (a)(b) |
1,922,574 | $ | 2,395,365 | |||||
Aristocrat Leisure, Ltd. (b) |
118,882 | 3,059,315 | ||||||
Bally’s Corp. (a)(f) |
162,299 | 2,525,372 | ||||||
Betmakers Technology Group, Ltd. (a)(b) |
9,688,709 | 838,408 | ||||||
Betsson AB (a)(b) |
212,543 | 2,258,981 | ||||||
Caesars Entertainment, Inc. (a)(f) |
102,258 | 5,212,090 | ||||||
Churchill Downs, Inc. |
34,772 | 4,839,219 | ||||||
DraftKings, Inc. - Class A (a)(f) |
348,390 | 9,256,722 | ||||||
Entain PLC (b) |
413,247 | 6,682,815 | ||||||
Evolution Gaming Group AB (b)(c) |
34,324 | 4,340,192 | ||||||
Flutter Entertainment PLC (a)(b) |
36,119 | 7,255,301 | ||||||
GAN, Ltd. (a)(b)(f) |
423,472 | 694,494 | ||||||
Genius Sports, Ltd. (a)(b) |
781,225 | 4,835,783 | ||||||
International Game Technology PLC (b) |
108,432 | 3,457,897 | ||||||
Intralot SA-Integrated Information Systems & Gaming Services (a)(b) |
153,268 | 100,329 | ||||||
Kambi Group PLC (a)(b) |
88,619 | 1,627,768 | ||||||
Kindred Group PLC - SDR (b) |
458,255 | 4,872,616 | ||||||
La Francaise des Jeux SAEM (b)(c) |
69,055 | 2,715,219 | ||||||
Light & Wonder, Inc. (a)(f) |
48,590 | 3,341,048 | ||||||
NEOGAMES SA (a)(b) |
883,365 | 3,016,503 | ||||||
OPAP SA (b) |
96,459 | 2,519,509 | ||||||
Penn National Gaming, Inc. (a)(f) |
176,988 | 3,085,642 | ||||||
PointsBet Holdings, Ltd. (a)(b) |
232,498 | 5,586,928 | ||||||
Rush Street Interactive, Inc. (a) |
3,584,158 | 4,270,575 | ||||||
Sportradar Holding AG - Class A (a)(b)(f) |
859,674 | 2,682,183 | ||||||
STS Holding SA (b) |
181,301 | 2,338,783 | ||||||
Super Group SGHC, Ltd. (a)(b)(f) |
66,201 | 395,125 | ||||||
Tabcorp Holdings, Ltd. (b) |
179,140 | 519,506 | ||||||
The Lottery Corp., Ltd. (b) |
9,419,596 | 6,959,876 | ||||||
Tokyotokeiba Co., Ltd. (b) |
96,800 | 2,625,357 | ||||||
104,308,921 | ||||||||
Internet — 0.8% |
||||||||
Catena Media PLC (a)(b)(f) |
276,662 | $ | 501,261 | |||||
Gambling.com Group, Ltd. (a)(b) |
29,911 | 306,289 | ||||||
Gaming Innovation Group, Inc. (a) |
40,943 | 94,394 | ||||||
901,944 | ||||||||
Lodging — 6.6% |
||||||||
Boyd Gaming Corp. (f) |
45,458 | 3,153,421 | ||||||
MGM Resorts International |
102,203 | 4,488,756 | ||||||
7,642,177 | ||||||||
Software — 2.4% |
||||||||
Better Collective AS (a)(b) |
21,373 | 441,260 | ||||||
Bragg Gaming Group, Inc. (a)(b) |
46,334 | 143,213 | ||||||
Playtech PLC (a)(b) |
302,875 | 2,271,842 | ||||||
2,856,315 | ||||||||
TOTAL COMMON STOCKS (Cost $163,270,312) |
115,709,357 | |||||||
Warrants — 0.0% (h) |
||||||||
PointsBet Holdings, Ltd., Expiration: July 2024, Exercise Price: $10.00 (a)(b)(g) |
151,840 | — | ||||||
TOTAL WARRANTS (Cost $0) |
— | |||||||
SHORT-TERM INVESTMENTS — 0.4% |
||||||||
Money Market Fund — 0.4% |
||||||||
First American Government Obligations Fund, Class X, 5.01% (d) |
474,149 | 474,149 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $474,149) |
474,149 | |||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING — 13.6% |
||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 5.22% (d) |
15,819,564 | 15,819,564 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $15,819,564) |
15,819,564 | |||||||
TOTAL INVESTMENTS (Cost $179,564,025) — 113.5% |
132,003,070 | |||||||
Other assets and liabilities, net — (13.5)% |
(15,727,787 | ) | ||||||
NET ASSETS — 100.0% |
$ | 116,275,283 |
PLC Public Limited Company
SDR Special Drawing Rights
(a) |
Non-income producing security. |
(b) |
Foreign issued security, or represents a foreign issued security. |
(c) |
Security exempt from registration pursuant to Rule 144a under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(d) |
The rate shown is the seven day yield at period end. |
The accompanying notes are an integral part of the financial statements.
4
Roundhill Sports Betting & iGaming ETF
Schedule of Investments
June 30, 2023 (Unaudited) (Continued)
(e) |
To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. |
(f) |
All or a portion of this security is on loan as of June 30, 2023. The market value of securities out on loan is $15,618,389. |
(g) |
Value determined based on estimated fair value. The value of these securities total $0, which represents 0.00% of net assets. Classified as Level 3 in the fair value hierarchy. |
(h) |
Amount is less than 0.05%. |
Percentages are stated as a percent of net assets.
COUNTRY |
Percentage
|
United States |
35.4% |
Australia |
15.6% |
Isle of Man |
7.7% |
Ireland |
6.2% |
Malta |
6.0% |
Sweden |
5.7% |
Guernsey |
4.6% |
United Kingdom |
3.0% |
Greece |
2.7% |
France |
2.3% |
Japan |
2.3% |
Luxembourg |
2.2% |
Gibraltar |
2.1% |
Switzerland |
2.0% |
Bermuda |
0.6% |
Denmark |
0.4% |
Poland |
0.3% |
Jersey |
0.3% |
Canada |
0.1% |
Total Country |
99.5% |
WARRANTS |
0.0%* |
SHORT-TERM INVESTMENTS |
0.4% |
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
13.6% |
TOTAL INVESTMENTS |
113.5% |
Other assets and liabilities, net |
-13.5% |
NET ASSETS |
100.0% |
* |
Amount is less than 0.05%. |
The accompanying notes are an integral part of the financial statements.
5
Roundhill Ball Metaverse ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
COMMON STOCKS — 99.2% |
||||||||
Apparel — 0.6% |
||||||||
NIKE, Inc. - Class B |
27,765 | $ | 3,064,423 | |||||
Commercial Services — 0.2% |
||||||||
Block, Inc. (a) |
8,930 | 594,470 | ||||||
PayPal Holdings, Inc. (a) |
8,996 | 600,303 | ||||||
1,194,773 | ||||||||
Computers — 8.2% |
||||||||
Apple, Inc. |
210,788 | 40,886,548 | ||||||
Diversified Financial Services — 0.8% |
||||||||
Coinbase Global, Inc. - Class A (a)(e) |
56,661 | 4,054,095 | ||||||
Electronic Equipment, Instruments & Components — 1.2% |
||||||||
HEXAGON AB (b) |
496,593 | 6,103,221 | ||||||
Home Furnishings — 3.0% |
||||||||
Sony Group Corp. (b) |
165,500 | 14,845,591 | ||||||
Internet — 26.0% (d) |
||||||||
Alibaba Group Holding, Ltd. (a)(b) |
660,400 | 6,842,825 | ||||||
Alphabet, Inc. - Class A (a) |
120,680 | 14,445,396 | ||||||
Amazon.com, Inc. (a) |
123,638 | 16,117,450 | ||||||
Baidu, Inc. - ADR (a)(b) |
96,367 | 13,193,606 | ||||||
Edgio, Inc. (a) |
6,052,114 | 4,079,125 | ||||||
Meta Platforms, Inc. - Class A (a) |
99,680 | 28,606,166 | ||||||
NAVER Corp. (b) |
41,793 | 5,798,020 | ||||||
Sea, Ltd. - ADR (a)(b)(e) |
135,261 | 7,850,548 | ||||||
Snap, Inc. - Class A (a)(e) |
1,213,912 | 14,372,718 | ||||||
Tencent Holdings, Ltd. (b) |
422,700 | 17,886,241 | ||||||
129,192,095 | ||||||||
Media — 1.7% |
||||||||
The Walt Disney Co. (a) |
92,681 | $ | 8,274,560 | |||||
Semiconductors — 23.5 |
||||||||
Advanced Micro Devices, Inc. (a) |
78,055 | 8,891,245 | ||||||
Applied Materials, Inc. (e) |
36,016 | 5,205,753 | ||||||
ASML Holding NV (b) |
10,834 | 7,851,942 | ||||||
Broadcom, Inc. |
3,356 | 2,911,095 | ||||||
Intel Corp. |
152,455 | 5,098,095 | ||||||
Marvell Technology, Inc. |
46,165 | 2,759,744 | ||||||
NVIDIA Corp. |
66,996 | 28,340,648 | ||||||
QUALCOMM, Inc. |
151,571 | 18,043,012 | ||||||
Samsung Electronics Co., Ltd. (b) |
211,072 | 11,565,589 | ||||||
Skyworks Solutions, Inc. |
53,491 | 5,920,919 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. - ADR (b) |
147,693 | 14,905,178 | ||||||
Texas Instruments, Inc. |
28,969 | 5,214,999 | ||||||
116,708,219 | ||||||||
Software — 31.4% (d) |
||||||||
Activision Blizzard, Inc. (a) |
37,181 | 3,134,358 | ||||||
Adobe, Inc. (a) |
11,390 | 5,569,596 | ||||||
Akamai Technologies, Inc. (a) |
62,012 | 5,573,018 | ||||||
Autodesk, Inc. (a)(e) |
79,146 | 16,194,063 | ||||||
Bentley Systems, Inc. - Class B (e) |
52,070 | 2,823,756 | ||||||
Cloudflare, Inc. - Class A (a)(e) |
87,808 | 5,740,009 | ||||||
Electronic Arts, Inc. |
61,173 | 7,934,138 | ||||||
Krafton, Inc. (a)(b) |
18,687 | 2,762,667 | ||||||
Matterport, Inc. (a)(e) |
2,906,372 | 9,155,072 | ||||||
Microsoft Corp. |
61,704 | 21,012,680 | ||||||
NetEase, Inc. - ADR (b)(e) |
63,525 | 6,142,232 | ||||||
PTC, Inc. (a) |
19,207 | 2,733,156 | ||||||
ROBLOX Corp. - Class A (a)(e) |
994,627 | 40,083,468 | ||||||
Take-Two Interactive Software, Inc. (a) |
69,509 | 10,228,944 | ||||||
Unity Software, Inc. (a)(e) |
394,476 | 17,128,148 | ||||||
156,215,305 | ||||||||
Telecommunications — 2.0% |
||||||||
Lumen Technologies, Inc. (e) |
3,130,569 | 7,075,086 | ||||||
Planet Labs PBC (a)(e) |
849,741 | 2,736,166 | ||||||
9,811,252 | ||||||||
Toys/Games/Hobbies — 0.6% |
||||||||
Nintendo Co., Ltd. (b) |
67,600 | 3,059,738 | ||||||
TOTAL COMMON STOCKS (Cost $572,640,739) |
493,409,820 | |||||||
REAL ESTATE INVESTMENT TRUSTS — 0.6% |
||||||||
Equinix, Inc. |
3,809 | 2,986,027 | ||||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $2,995,696) |
2,986,027 |
The accompanying notes are an integral part of the financial statements.
6
Roundhill Ball Metaverse ETF
Schedule of Investments
June 30, 2023 (Unaudited) (Continued)
Description |
Shares |
Value |
||||||
SHORT-TERM INVESTMENTS — 0.2% |
||||||||
Money Market Fund — 0.2% |
||||||||
First American Government Obligations Fund, Class X, 5.01% (c) |
1,287,330 | $ | 1,287,330 | |||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,287,330) |
1,287,330 | |||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING — 11.7% |
||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 5.22% (c) |
58,319,141 | 58,319,141 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $58,319,141) |
58,319,141 | |||||||
TOTAL INVESTMENTS (Cost $635,242,906) — 111.7% |
556,002,318 | |||||||
Other assets and liabilities, net — (11.7)% |
(58,425,294 | ) | ||||||
NET ASSETS — 100.0% |
$ | 497,577,024 |
ADR American Depositary Receipt
(a) |
Non-income producing security. |
(b) |
Foreign issued security, or represents a foreign issued security. |
(c) |
The rate shown is the seven day yield at period end. |
(d) |
To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. |
(e) |
All or a portion of this security is on loan as of June 30, 2023. The market value of securities out on loan is $57,269,608. |
Percentages are stated as a percent of net assets.
COUNTRY |
Percentage
|
United States |
75.3% |
Cayman Islands |
10.4% |
Republic of Korea |
4.1% |
Japan |
3.6% |
Taiwan |
3.0% |
Netherlands |
1.6% |
Sweden |
1.2% |
Total Country |
99.2% |
REAL ESTATE INVESTMENT TRUSTS |
0.6% |
SHORT-TERM INVESTMENTS |
0.2% |
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
11.7% |
TOTAL INVESTMENTS |
111.7% |
Other assets and liabilities, net |
-11.7% |
NET ASSETS |
100.0% |
The accompanying notes are an integral part of the financial statements.
7
Roundhill IO Digital Infrastructure ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
COMMON STOCKS — 73.4% |
||||||||
Engineering & Construction — 6.2% |
||||||||
Cellnex Telecom SA (b)(c) |
480 | $ | 19,371 | |||||
China Tower Corp., Ltd. (b)(c) |
936,000 | 103,912 | ||||||
Helios Tower PLC (a)(b) |
14,287 | 16,910 | ||||||
Infrastrutture Wireless Italiane SpA (b)(c) |
1,477 | 19,466 | ||||||
Sarana Menara Nusantara Tbk PT (b) |
284,400 | 20,013 | ||||||
179,672 | ||||||||
Internet — 3.8% |
||||||||
Cogent Communications Holdings, Inc. |
1,365 | 91,851 | ||||||
Vnet Group, Inc. - ADR (a)(b) |
5,488 | 15,915 | ||||||
107,766 | ||||||||
Media — 37.8% (e) |
||||||||
Altice USA, Inc. - Class A (a) |
23,240 | 70,185 | ||||||
Cable One, Inc. (f) |
237 | 155,728 | ||||||
Charter Communications, Inc. - Class A (a)(f) |
505 | 185,522 | ||||||
Cogeco Communications, Inc. (b) |
4,279 | 228,591 | ||||||
Comcast Corp. - Class A |
5,105 | 212,113 | ||||||
Converge Information and Communications Technology Solutions, Inc. (a)(b) |
197,400 | 39,051 | ||||||
Liberty Global PLC - Class A (a)(b) |
969 | 16,337 | ||||||
Liberty Latin America, Ltd. - Class C (a)(b) |
6,814 | 58,737 | ||||||
NOS SGPS SA (b) |
3,930 | 13,960 | ||||||
Quebecor, Inc. - Class B (b) |
791 | 19,517 | ||||||
Telenet Group Holding NV (b) |
1,166 | 26,231 | ||||||
WideOpenWest, Inc. (a) |
7,185 | 60,641 | ||||||
1,086,613 | ||||||||
Telecommunications — 25.6% (e) |
||||||||
Aussie Broadband, Ltd. (a)(b) |
77,457 | 153,647 | ||||||
Chindata Group Holdings, Ltd. - ADR (a)(b)(f) |
2,761 | 19,769 | ||||||
Chorus, Ltd. (b) |
3,612 | 18,644 | ||||||
Consolidated Communications Holdings, Inc. (a) |
21,090 | 80,775 | ||||||
Telecommunications (Continued) |
||||||||
DigitalBridge Group, Inc. (f) |
6,024 | $ | 88,613 | |||||
Frontier Communications Parent, Inc. (a) |
2,849 | 53,105 | ||||||
GDS Holdings, Ltd. - ADR (a)(b)(f) |
1,156 | 12,704 | ||||||
Gogo, Inc. (a) |
3,618 | 61,542 | ||||||
Lumen Technologies, Inc. (f) |
41,393 | 93,548 | ||||||
Megacable Holdings SAB de CV (b) |
6,723 | 15,547 | ||||||
NetLink NBN Trust (b) |
28,461 | 17,981 | ||||||
NEXTDC, Ltd. (a)(b) |
2,648 | 22,174 | ||||||
Shenandoah Telecommunications Co. |
960 | 18,653 | ||||||
Telekom Malaysia Berhad (b) |
75,820 | 79,759 | ||||||
736,461 | ||||||||
TOTAL COMMON STOCKS (Cost $2,575,133) |
2,110,512 | |||||||
REAL ESTATE INVESTMENT TRUSTS — 25.8% (e) |
||||||||
American Tower Corp. |
652 | 126,449 | ||||||
Crown Castle International Corp. |
765 | 87,164 | ||||||
Digital Realty Trust, Inc. |
676 | 76,976 | ||||||
Equinix, Inc. |
208 | 163,059 | ||||||
SBA Communications Corp. |
346 | 80,189 | ||||||
Uniti Group, Inc. (f) |
45,358 | 209,554 | ||||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $804,135) |
743,391 | |||||||
SHORT-TERM INVESTMENTS — 0.7% |
||||||||
Money Market Fund — 0.7% |
||||||||
First American Government Obligations Fund, Class X, 5.01% (d) |
20,269 | 20,269 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $20,269) |
20,269 | |||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING — 21.2% |
||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 5.22% (d) |
610,919 | 610,919 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $610,919) |
610,919 | |||||||
TOTAL INVESTMENTS (Cost $4,010,456) — 121.1% |
3,485,091 | |||||||
Other assets and liabilities, net — (21.1)% |
(607,267 | ) | ||||||
NET ASSETS — 100.0% |
$ | 2,877,824 |
ADR American Depositary Receipt
PLC Public Limited Company
(a) |
Non-income producing security. |
(b) |
Foreign issued security, or represents a foreign issued security. |
The accompanying notes are an integral part of the financial statements.
8
Roundhill IO Digital Infrastructure ETF
Schedule of Investments
June 30, 2023 (Unaudited) (Continued)
(c) |
Security exempt from registration pursuant to Rule 144a under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(d) |
The rate shown is the seven day yield at period end. |
(e) |
To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. |
(f) |
All or a portion of this security is on loan as of June 30, 2023. The market value of securities out on loan is $592,069. |
Percentages are stated as a percent of net assets.
COUNTRY |
Percentage
|
United States |
40.8% |
Canada |
8.6% |
Australia |
6.1% |
China |
3.6% |
Malaysia |
2.8% |
Bermuda |
2.0% |
Cayman Islands |
1.7% |
Philippines |
1.4% |
United Kingdom |
1.2% |
Belgium |
0.9% |
Indonesia |
0.7% |
Italy |
0.7% |
Spain |
0.7% |
New Zealand |
0.6% |
Singapore |
0.6% |
Mexico |
0.5% |
Portugal |
0.5% |
Total Country |
73.4% |
REAL ESTATE INVESTMENT TRUSTS |
25.8% |
SHORT-TERM INVESTMENTS |
0.7% |
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
21.2% |
TOTAL INVESTMENTS |
121.1% |
Other assets and liabilities, net |
-21.1% |
NET ASSETS |
100.0% |
The accompanying notes are an integral part of the financial statements.
9
Roundhill MEME ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
COMMON STOCKS — 99.8% |
||||||||
Aerospace & Defense — 4.2% |
||||||||
Rocket Lab USA, Inc. (a) |
7,602 | $ | 45,612 | |||||
Airlines — 4.4% |
||||||||
Delta Air Lines, Inc. (a) |
995 | 47,302 | ||||||
Auto Manufacturers — 12.4% |
||||||||
NIO, Inc. - ADR (a)(b) |
4,529 | 43,886 | ||||||
Rivian Automotive, Inc. - Class A (a)(d) |
2,861 | 47,664 | ||||||
Tesla, Inc. (a) |
163 | 42,668 | ||||||
134,218 | ||||||||
Commercial Services — 3.6% |
||||||||
Affirm Holdings, Inc. (a)(d) |
2,554 | 39,153 | ||||||
Computers — 11.8% |
||||||||
International Business Machines Corp. |
310 | 41,481 | ||||||
Super Micro Computer, Inc. (a) |
184 | 45,862 | ||||||
Zscaler, Inc. (a) |
276 | 40,379 | ||||||
127,722 | ||||||||
Diversified Financial Services — 8.9% |
||||||||
Coinbase Global, Inc. - Class A (a) |
766 | 54,807 | ||||||
Upstart Holdings, Inc. (a)(d) |
1,143 | 40,931 | ||||||
95,738 | ||||||||
Entertainment — 3.7% |
||||||||
AMC Entertainment Holdings, Inc. - Class A (a)(d) |
9,058 | 39,855 | ||||||
Financial Services — 3.8% |
||||||||
Sofi Technologies, Inc. (a)(d) |
4,950 | 41,283 | ||||||
Internet — 3.9% |
||||||||
Robinhood Markets, Inc. - Class A (a) |
4,244 | 42,355 | ||||||
Leisure Time — 7.9% |
||||||||
Carnival Corp. (a)(b) |
2,694 | $ | 50,728 | |||||
Virgin Galactic Holdings, Inc. (a)(d) |
9,000 | 34,920 | ||||||
85,648 | ||||||||
Retail — 16.2% |
||||||||
Carvana Co. (a) |
1,681 | 43,572 | ||||||
Dave & Buster’s Entertainment, Inc. (a) |
1,060 | 47,234 | ||||||
GameStop Corp. - Class A (a) |
1,733 | 42,025 | ||||||
Lululemon Athletica, Inc. (a) |
111 | 42,014 | ||||||
174,845 | ||||||||
Semiconductors — 3.8% |
||||||||
Advanced Micro Devices, Inc. (a) |
355 | 40,438 | ||||||
Software — 15.2% |
||||||||
Cloudflare, Inc. - Class A (a) |
629 | 41,118 | ||||||
DocuSign, Inc. (a) |
791 | 40,412 | ||||||
Gitlab, Inc. - Class A (a)(d) |
831 | 42,473 | ||||||
Palantir Technologies, Inc. - Class A (a) |
2,612 | 40,042 | ||||||
164,045 | ||||||||
TOTAL COMMON STOCKS (Cost $960,729) |
1,078,214 | |||||||
SHORT-TERM INVESTMENTS — 0.1% |
||||||||
Money Market Fund — 0.1% |
||||||||
First American Government Obligations Fund, Class X, 5.01% (c) |
877 | 877 | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $877) |
877 | |||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING — 26.3% |
||||||||
Mount Vernon Liquid Assets Portfolio, LLC, 5.22% (c) |
283,883 | 283,883 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $283,883) |
283,883 | |||||||
TOTAL INVESTMENTS (Cost $1,245,489) — 126.2% |
1,362,974 | |||||||
Other assets and liabilities, net — (26.2)% |
(283,129 | ) | ||||||
NET ASSETS — 100.0% |
$ | 1,079,845 |
ADR American Depositary Receipt
(a) |
Non-income producing security. |
(b) |
Foreign issued security, or represents a foreign issued security. |
(c) |
The rate shown is the seven day yield at period end. |
(d) |
All or a portion of this security is on loan as of June 30, 2023. The market value of securities out on loan is $271,886. |
Percentages are stated as a percent of net assets.
The accompanying notes are an integral part of the financial statements.
10
Roundhill MEME ETF
Schedule of Investments
June 30, 2023 (Unaudited) (Continued)
COUNTRY |
Percentage
|
United States |
91.0% |
Panama |
4.7% |
Cayman Islands |
4.1% |
Total Country |
99.8% |
SHORT-TERM INVESTMENTS |
0.1% |
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
26.3% |
TOTAL INVESTMENTS |
126.2% |
Other assets and liabilities, net |
-26.2% |
NET ASSETS |
100.0% |
The accompanying notes are an integral part of the financial statements.
11
Roundhill Cannabis ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
SHORT-TERM INVESTMENTS — 100.2% |
||||||||
Money Market Fund — 0.5% |
||||||||
First American Government Obligations Fund, Class X, 5.01% (a) |
9,883 | $ | 9,883 | |||||
Total Money Market Fund (Cost $9,883) |
9,883 | |||||||
U.S. Treasury Bills — 99.7% |
||||||||
4.96%, 07/05/2023 (b)(c) |
2,110,000 | 2,108,865 | ||||||
Total U.S. Treasury Bills (Cost $2,108,865) |
2,108,865 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $2,118,748) |
2,118,748 | |||||||
TOTAL INVESTMENTS (Cost $2,118,748) — 100.2% |
2,118,748 | |||||||
Other assets and liabilities, net — (0.2)% |
(4,652 | ) | ||||||
NET ASSETS — 100.0% |
$ | 2,114,096 |
(a) |
The rate shown is the seven day yield at period end. |
(b) |
The rate shown is the effective yield as of June 30, 2023. |
(c) |
Held as collateral for total return swaps. |
Percentages are stated as a percent of net assets.
|
Percentage
|
SHORT-TERM INVESTMENTS |
100.2% |
TOTAL INVESTMENTS |
100.2% |
Other assets and liabilities, net |
-0.2% |
NET ASSETS |
100.0% |
The accompanying notes are an integral part of the financial statements.
12
Roundhill Cannabis ETF
Schedule of Total Return Swaps
June 30, 2023 (Unaudited)
Long
Total Return |
Fund
Pays/ |
Counterparty |
Payment |
Financing Rate |
Expiration
|
Upfront
|
Notional
|
Value/ |
||||||||||||||||||
Columbia Care, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
Monthly |
Overnight Bank Funding Rate Index + 1.50% |
June 20, 2024 |
$ | — | $ | 48,789 | $ | — | |||||||||||||||
Cresco Labs, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
Monthly |
Overnight Bank Funding Rate Index + 1.50% |
June 20, 2024 |
— | 159,540 | — | ||||||||||||||||||
Curaleaf Holdings, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
Monthly |
Overnight Bank Funding Rate Index + 1.50% |
June 20, 2024 |
— | 703,922 | — | ||||||||||||||||||
Green Thumb Industries, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
Monthly |
Overnight Bank Funding Rate Index + 1.50% |
June 20, 2024 |
— | 639,028 | — | ||||||||||||||||||
Trulieve Cannabis Corp. Swap |
Receives |
Nomura Securities International, Inc. |
Monthly |
Overnight Bank Funding Rate Index + 1.50% |
June 20, 2024 |
— | 228,387 | — | ||||||||||||||||||
Verano Holdings Corp. Swap |
Receives |
Nomura Securities International, Inc. |
Monthly |
Overnight Bank Funding Rate Index + 1.50% |
June 20, 2024 |
— | 328,707 | — | ||||||||||||||||||
$ | — | $ | 2,108,373 | $ | — |
The accompanying notes are an integral part of the financial statements.
13
Roundhill BIG Bank ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
COMMON STOCKS — 18.7% |
||||||||
Banks — 18.7% |
||||||||
Bank of America Corp. |
5,268 | $ | 151,139 | |||||
Citigroup, Inc. |
3,174 | 146,131 | ||||||
Goldman Sachs Group, Inc. |
476 | 153,529 | ||||||
JPMorgan Chase & Co. |
824 | 119,843 | ||||||
Morgan Stanley |
1,763 | 150,560 | ||||||
Wells Fargo & Co. |
3,186 | 135,978 | ||||||
TOTAL COMMON STOCKS (Cost $836,059) |
857,180 | |||||||
SHORT-TERM INVESTMENTS — 77.1% |
||||||||
Money Market Fund — 2.0% |
||||||||
First American Government Obligations Fund, Class X, 5.01% (a) |
91,144 | 91,144 | ||||||
Total Money Market Fund (Cost $91,144) |
91,144 | |||||||
U.S. Treasury Bills — 75.1% |
||||||||
5.11%, 09/05/2023 (b)(c) |
3,475,000 | 3,443,375 | ||||||
Total U.S. Treasury Bills (Cost $3,442,896) |
3,443,375 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $3,534,040) |
3,534,519 | |||||||
TOTAL INVESTMENTS (Cost $4,370,099) — 95.8% |
4,391,699 | |||||||
Other assets and liabilities, net — 4.2% |
195,150 | |||||||
NET ASSETS — 100.0% |
$ | 4,586,849 |
(a) |
The rate shown is the seven day yield at period end. |
(b) |
The rate shown is the effective yield as of June 30, 2023. |
(c) |
Held as collateral for total return swaps. |
Percentages are stated as a percent of net assets.
|
Percentage
|
COMMON STOCKS |
18.7% |
SHORT-TERM INVESTMENTS |
77.1% |
TOTAL INVESTMENTS |
95.8% |
Other assets and liabilities, net |
4.2% |
NET ASSETS |
100.0% |
The accompanying notes are an integral part of the financial statements.
14
Roundhill BIG Bank ETF
Schedule of Total Return Swaps
June 30, 2023 (Unaudited)
Long
Total Return |
Fund
Pays/ |
Counterparty |
Payment |
Financing Rate |
Expiration
|
Upfront
|
Notional
|
Value/ |
||||||||||||||||||
Bank of America Corp. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
$ | — | $ | 581,799 | $ | 21,924 | |||||||||||||||
Citigroup, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 569,010 | 20,348 | ||||||||||||||||||
Goldman Sachs Group, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 594,269 | 11,784 | ||||||||||||||||||
JPMorgan Chase & Co. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 574,439 | 80,769 | ||||||||||||||||||
Morgan Stanley Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 603,073 | (2,626 | ) | |||||||||||||||||
Wells Fargo & Co. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 558,308 | 81,679 | ||||||||||||||||||
$ | — | $ | 3,480,898 | $ | 213,878 |
The accompanying notes are an integral part of the financial statements.
15
Roundhill BIG Tech ETF
Schedule of Investments
June 30, 2023 (Unaudited)
Description |
Shares |
Value |
||||||
COMMON STOCKS — 38.0% |
||||||||
Computers — 8.1% |
||||||||
Apple, Inc. |
1,516 | $ | 294,059 | |||||
Internet — 21.9% |
||||||||
Alphabet, Inc. - Class A (a) |
2,384 | 285,365 | ||||||
Amazon.com, Inc. (a) |
2,040 | 265,934 | ||||||
Meta Platforms, Inc. - Class A (a) |
850 | 243,933 | ||||||
795,232 | ||||||||
Software — 8.0% |
||||||||
Microsoft Corp. |
854 | 290,821 | ||||||
TOTAL COMMON STOCKS (Cost $1,311,037) |
1,380,112 | |||||||
SHORT-TERM INVESTMENTS — 54.8% |
||||||||
Money Market Fund — 2.9% |
||||||||
First American Government Obligations Fund, Class X, 5.01% (b) |
105,332 | 105,332 | ||||||
Total Money Market Fund (Cost $105,332) |
105,332 | |||||||
U.S. Treasury Bills — 51.9% |
||||||||
5.11%, 09/05/2023 (c)(d) |
1,900,000 | 1,882,709 | ||||||
Total U.S. Treasury Bills (Cost $1,882,447) |
1,882,709 | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,987,779) |
1,988,041 | |||||||
TOTAL INVESTMENTS (Cost $3,298,816) — 92.8% |
3,368,153 | |||||||
Other assets and liabilities, net — 7.2% |
261,938 | |||||||
NET ASSETS — 100.0% |
$ | 3,630,091 |
(a) |
Non-income producing security. |
(b) |
The rate shown is the seven day yield at period end. |
(c) |
The rate shown is the effective yield as of June 30, 2023. |
(d) |
Held as collateral for total return swaps. |
Percentages are stated as a percent of net assets.
|
Percentage
|
COMMON STOCKS |
38.0% |
SHORT-TERM INVESTMENTS |
54.8% |
TOTAL INVESTMENTS |
92.8% |
Other assets and liabilities, net |
7.2% |
NET ASSETS |
100.0% |
The accompanying notes are an integral part of the financial statements.
16
Roundhill BIG Tech ETF
Schedule of Total Return Swaps
June 30, 2023 (Unaudited)
Long
Total Return |
Fund
Pays/ |
Counterparty |
Payment |
Financing Rate |
Expiration
|
Upfront
|
Notional
|
Value/ |
||||||||||||
Alphabet, Inc. - Class A Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
$ | — | $ | 410,537 | $ | 19,185 | |||||||||
Amazon.com, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 387,223 | 72,166 | ||||||||||||
Apple, Inc. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 387,312 | 54,552 | ||||||||||||
Meta Platforms, Inc. - Class A Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 390,491 | 87,618 | ||||||||||||
Microsoft Corp. Swap |
Receives |
Nomura Securities International, Inc. |
At Maturity |
Overnight Bank Funding Rate Index + 0.50% |
April 2, 2024 |
— | 393,679 | 43,574 | ||||||||||||
$ | — | $ | 1,969,242 | $ | 277,095 |
The accompanying notes are an integral part of the financial statements.
17
Roundhill ETFs
Statements of Assets and Liabilities
June 30, 2023 (Unaudited)
Roundhill
Video |
Roundhill
|
Roundhill
Ball |
||||||||||
Assets |
||||||||||||
Investments, at value (Cost $30,750,846, $179,564,025, $635,242,906, respectively)(1) |
$ | 29,583,800 | $ | 132,003,070 | $ | 556,002,318 | ||||||
Dividends and interest receivable |
34,363 | 168,684 | 120,156 | |||||||||
Securities lending income receivable |
694 | 4,431 | 11,653 | |||||||||
Total Assets |
29,618,857 | 132,176,185 | 556,134,127 | |||||||||
Liabilities |
||||||||||||
Payable for collateral on securities loaned (Note 7) |
4,989,523 | 15,819,564 | 58,319,141 | |||||||||
Due to Custodian |
15,793 | — | — | |||||||||
Foreign currency payable to custodian, at value (Cost $0, $941, $0, respectively) |
— | 852 | — | |||||||||
Payable to Adviser |
10,529 | 80,486 | 237,962 | |||||||||
Total Liabilities |
5,015,845 | 15,900,902 | 58,557,103 | |||||||||
Net Assets |
$ | 24,603,012 | $ | 116,275,283 | $ | 497,577,024 | ||||||
Net Assets Consists of: |
||||||||||||
Paid-in capital |
$ | 65,567,704 | $ | 274,475,787 | $ | 858,950,648 | ||||||
Total distributable earnings (accumulated losses) |
(40,964,692 | ) | (158,200,504 | ) | (361,373,624 | ) | ||||||
Net Assets |
$ | 24,603,012 | $ | 116,275,283 | $ | 497,577,024 | ||||||
Shares of beneficial interest outstanding (unlimited number of shares authorized, no par value) |
1,575,000 | 6,625,000 | 47,850,000 | |||||||||
Net Asset Value, redemption price and offering price per share |
$ | 15.62 | $ | 17.55 | $ | 10.40 | ||||||
(1) Includes loaned securities with a value of: |
$ | 4,950,887 | $ | 15,618,389 | $ | 57,269,608 |
The accompanying notes are an integral part of the financial statements.
18
Roundhill ETFs
Statements of Assets and Liabilities
June 30, 2023 (Unaudited) (Continued)
Roundhill
|
Roundhill
|
Roundhill
|
||||||||||
Assets |
||||||||||||
Investments, at value (Cost $4,010,456, $1,245,489, $2,118,748, respectively)(1) |
$ | 3,485,091 | $ | 1,362,974 | $ | 2,118,748 | ||||||
Dividends and interest receivable |
6,165 | 5 | 42 | |||||||||
Securities lending income receivable |
93 | 1,335 | — | |||||||||
Total Assets |
3,491,349 | 1,364,314 | 2,118,790 | |||||||||
Liabilities |
||||||||||||
Payable for collateral on securities loaned (Note 7) |
610,919 | 283,883 | — | |||||||||
Foreign currency payable to custodian, at value (Cost $1,411, $0, $0, respectively) |
1,434 | — | — | |||||||||
Payable for open swap contracts |
— | — | 4,020 | |||||||||
Payable to Adviser |
1,172 | 586 | 674 | |||||||||
Total Liabilities |
613,525 | 284,469 | 4,694 | |||||||||
Net Assets |
$ | 2,877,824 | $ | 1,079,845 | $ | 2,114,096 | ||||||
Net Assets Consists of: |
||||||||||||
Paid-in capital |
$ | 3,689,779 | $ | 2,131,900 | $ | 3,706,302 | ||||||
Total distributable earnings (accumulated losses) |
(811,955 | ) | (1,052,055 | ) | (1,592,206 | ) | ||||||
Net Assets |
$ | 2,877,824 | $ | 1,079,845 | $ | 2,114,096 | ||||||
Shares of beneficial interest outstanding (unlimited number of shares authorized, no par value) |
300,000 | 30,000 | 95,000 | |||||||||
Net Asset Value, redemption price and offering price per share |
$ | 9.59 | $ | 35.99 | $ | 22.25 | ||||||
(1) Includes loaned securities with a value of: |
$ | 592,069 | $ | 271,886 | $ | — |
The accompanying notes are an integral part of the financial statements.
19
Roundhill ETFs
Statements of Assets and Liabilities
June 30, 2023 (Unaudited) (Continued)
Roundhill
|
Roundhill
|
|||||||
Assets |
||||||||
Investments, at value (Cost $4,370,099,$3,298,816, respectively)(1) |
$ | 4,391,699 | $ | 3,368,153 | ||||
Dividends and interest receivable |
1,840 | 538 | ||||||
Variation margin on swap contracts |
213,878 | 277,095 | ||||||
Total Assets |
4,607,417 | 3,645,786 | ||||||
Liabilities |
||||||||
Payable for open swap contracts |
19,475 | 14,934 | ||||||
Payable to Adviser |
1,093 | 761 | ||||||
Total Liabilities |
20,568 | 15,695 | ||||||
Net Assets |
$ | 4,586,849 | $ | 3,630,091 | ||||
Net Assets Consists of: |
||||||||
Paid-in capital |
$ | 4,274,959 | $ | 3,174,959 | ||||
Total distributable earnings (accumulated losses) |
311,890 | 455,132 | ||||||
Net Assets |
$ | 4,586,849 | $ | 3,630,091 | ||||
Shares of beneficial interest outstanding (unlimited number of shares authorized, no par value) |
170,000 | 120,000 | ||||||
Net Asset Value, redemption price and offering price per share |
$ | 26.98 | $ | 30.25 | ||||
(1) Includes loaned securities with a value of: |
$ | — | $ | — |
The accompanying notes are an integral part of the financial statements.
20
Roundhill ETFs
Statements of Operations
For the Period Ended June 30, 2023 (Unaudited)
Roundhill
Video |
Roundhill
|
Roundhill
Ball |
||||||||||
Investment Income |
||||||||||||
Dividend income (net of withholding taxes and issuance fees of $27,424, $34,527, $78,485, respectively) |
$ | 167,334 | $ | 804,253 | $ | 2,032,838 | ||||||
Securities lending income, net |
5,048 | 59,120 | 114,297 | |||||||||
Interest income |
372 | 7,978 | 9,885 | |||||||||
Total investment income |
172,754 | 871,351 | 2,157,020 | |||||||||
Expenses |
||||||||||||
Advisory fees |
63,207 | 483,486 | 1,287,675 | |||||||||
Total expenses |
63,207 | 483,486 | 1,287,675 | |||||||||
Net investment income |
109,547 | 387,865 | 869,345 | |||||||||
Realized and Unrealized Gain (Loss) on Investments and Foreign Currency |
||||||||||||
Net realized gain (loss) from: |
||||||||||||
Investments |
(289,975 | ) | (30,127,041 | ) | (16,080,607 | ) | ||||||
Foreign currency transactions |
(4,834 | ) | (67,773 | ) | (37,912 | ) | ||||||
Net realized loss on investments, foreign currency transactions and total return swap contracts |
(294,809 | ) | (30,194,814 | ) | (16,118,519 | ) | ||||||
Net change in unrealized appreciation/depreciation on: |
||||||||||||
Investments |
2,860,394 | 55,068,572 | 172,783,297 | |||||||||
Foreign currency translation |
(1,955 | ) | 567 | (2,034 | ) | |||||||
Net change in unrealized appreciation/depreciation on investments and foreign currency translation |
2,858,439 | 55,069,139 | 172,781,263 | |||||||||
Net realized and unrealized gain on investments and foreign currency transactions |
2,563,630 | 24,874,325 | 156,662,744 | |||||||||
Net increase in net assets from operations |
$ | 2,673,177 | $ | 25,262,190 | $ | 157,532,089 |
The accompanying notes are an integral part of the financial statements.
21
Roundhill ETFs
Statements of Operations
For the Period Ended June 30, 2023 (Unaudited) (Continued)
Roundhill
|
Roundhill
|
Roundhill
|
||||||||||
Investment Income |
||||||||||||
Dividend income (net of withholding taxes and issuance fees of $2,335, $67, $0, respectively) |
$ | 40,971 | $ | 2,676 | $ | — | ||||||
Securities lending income, net |
533 | 16,256 | — | |||||||||
Interest income |
244 | 18 | 41,087 | |||||||||
Total investment income |
41,748 | 18,950 | 41,087 | |||||||||
Expenses |
||||||||||||
Advisory fees |
10,093 | 3,238 | 5,401 | |||||||||
Less waivers and reimbursement by Adviser |
— | — | (1,959 | ) | ||||||||
Total expenses |
10,093 | 3,238 | 3,442 | |||||||||
Net investment income |
31,655 | 15,712 | 37,645 | |||||||||
Realized and Unrealized Gain (Loss) on Investments, Foreign Currency and Total Return Swap Contracts |
||||||||||||
Net realized gain (loss) from: |
||||||||||||
Investments |
(145,041 | ) | 109,649 | 57 | ||||||||
Foreign currency transactions |
31 | — | — | |||||||||
Total return swap contracts |
— | — | (585,295 | ) | ||||||||
Net realized gain (loss) on investments, foreign currency transactions and total return swap contracts |
(145,010 | ) | 109,649 | (585,238 | ) | |||||||
Net change in unrealized appreciation/depreciation on: |
||||||||||||
Investments |
137,293 | 211,810 | — | |||||||||
Foreign currency translation |
17 | — | — | |||||||||
Net change in unrealized appreciation/depreciation on investments and foreign currency translation |
137,310 | 211,810 | — | |||||||||
Net realized and unrealized gain (loss) on investments, foreign currency transactions and total return swap contracts |
(7,700 | ) | 321,459 | (585,238 | ) | |||||||
Net increase (decrease) in net assets from operations |
$ | 23,955 | $ | 337,171 | $ | (547,593 | ) |
The accompanying notes are an integral part of the financial statements.
22
Roundhill ETFs
Statements of Operations
For the Period Ended June 30, 2023 (Unaudited) (Continued)
Roundhill
|
Roundhill
|
|||||||
Investment Income |
||||||||
Dividend income (net of withholding taxes and issuance fees of $0, $0, respectively) |
$ | 7,382 | $ | 546 | ||||
Interest income |
48,364 | 14,876 | ||||||
Total investment income |
55,746 | 15,422 | ||||||
Expenses |
||||||||
Advisory fees |
3,388 | 1,502 | ||||||
Total expenses |
3,388 | 1,502 | ||||||
Net investment income |
52,358 | 13,920 | ||||||
Realized and Unrealized Gain (Loss) on Investments and Total Return Swap Contracts |
||||||||
Net realized gain (loss) from: |
||||||||
Investments |
43,529 | 109,714 | ||||||
Net realized gain on investments and total return swap contracts |
43,529 | 109,714 | ||||||
Net change in unrealized appreciation/depreciation on: |
||||||||
Investments |
21,600 | 69,337 | ||||||
Total return swap contracts |
194,403 | 262,161 | ||||||
Net change in unrealized appreciation/depreciation on investments and total return swap contracts |
216,003 | 331,498 | ||||||
Net realized and unrealized gain on investments and total return swap contracts |
259,532 | 441,212 | ||||||
Net increase in net assets from operations |
$ | 311,890 | $ | 455,132 |
(1) The Fund commenced operations on March 20, 2023.
(2) |
The Fund commenced operations on April 10, 2023. |
The accompanying notes are an integral part of the financial statements.
23
Roundhill ETFs
Statements of Changes in Net Assets
Roundhill Video Games ETF |
Roundhill
Sports Betting & |
|||||||||||||||
Period
|
Year
|
Period
|
Year
|
|||||||||||||
From Operations |
||||||||||||||||
Net investment income |
$ | 109,547 | $ | 292,574 | $ | 387,865 | $ | 604,454 | ||||||||
Net realized loss on investments and foreign currency transactions |
(294,809 | ) | (37,470,667 | ) | (30,194,814 | ) | (67,507,904 | ) | ||||||||
Net change in net unrealized appreciation/depreciation on investments and foreign currency translation |
2,858,439 | 13,822,197 | 55,069,139 | (41,816,932 | ) | |||||||||||
Net increase (decrease) in net assets resulting from operations |
2,673,177 | (23,355,896 | ) | 25,262,190 | (108,720,382 | ) | ||||||||||
From Distributions |
||||||||||||||||
Distributable earnings |
— | (173,639 | ) | — | (309,837 | ) | ||||||||||
Return of capital |
— | — | — | (470,671 | ) | |||||||||||
Total distributions |
— | (173,639 | ) | — | (780,508 | ) | ||||||||||
From Capital Share Transactions |
||||||||||||||||
Proceeds from shares sold |
1,147,748 | 2,186,870 | 8,346,010 | 53,179,428 | ||||||||||||
Cost of shares redeemed |
(4,476,878 | ) | (15,895,572 | ) | (35,363,737 | ) | (116,157,365 | ) | ||||||||
Transaction fees (Note 4) |
9,079 | 12,714 | 2,737 | — | ||||||||||||
Net decrease in net assets resulting from capital share transactions |
(3,320,051 | ) | (13,695,988 | ) | (27,014,990 | ) | (62,977,937 | ) | ||||||||
Total Decrease in Net Assets |
(646,874 | ) | (37,225,523 | ) | (1,752,800 | ) | (172,478,827 | ) | ||||||||
Net Assets |
||||||||||||||||
Beginning of period |
25,249,886 | 62,475,409 | 118,028,083 | 290,506,910 | ||||||||||||
End of period |
$ | 24,603,012 | $ | 25,249,886 | $ | 116,275,283 | $ | 118,028,083 | ||||||||
Changes in Shares Outstanding |
||||||||||||||||
Shares outstanding, beginning of period |
1,800,000 | 2,500,000 | 8,225,000 | 11,675,000 | ||||||||||||
Shares sold |
75,000 | 100,000 | 500,000 | 2,950,000 | ||||||||||||
Shares redeemed |
(300,000 | ) | (800,000 | ) | (2,100,000 | ) | (6,400,000 | ) | ||||||||
Shares outstanding, end of period |
1,575,000 | 1,800,000 | 6,625,000 | 8,225,000 |
The accompanying notes are an integral part of the financial statements.
24
Roundhill ETFs
Statements of Changes in Net Assets
Roundhill Ball Metaverse ETF |
Roundhill
IO Digital |
|||||||||||||||
Period
|
Year
|
Period
|
Year
|
|||||||||||||
From Operations |
||||||||||||||||
Net investment income |
$ | 869,345 | $ | 353,305 | $ | 31,655 | $ | 32,699 | ||||||||
Net realized loss on investments and foreign currency transactions |
(16,118,519 | ) | (290,036,259 | ) | (145,010 | ) | (178,142 | ) | ||||||||
Net change in net unrealized appreciation/depreciation on investments and foreign currency translation |
172,781,263 | (211,465,576 | ) | 137,310 | (693,837 | ) | ||||||||||
Net increase (decrease) in net assets resulting from operations |
157,532,089 | (501,148,530 | ) | 23,955 | (839,280 | ) | ||||||||||
From Distributions |
||||||||||||||||
Distributable earnings |
— | (325,056 | ) | — | (31,809 | ) | ||||||||||
Return of capital |
— | (7,036 | ) | — | — | |||||||||||
Total distributions |
— | (332,092 | ) | — | (31,809 | ) | ||||||||||
From Capital Share Transactions |
||||||||||||||||
Proceeds from shares sold |
38,093,213 | 133,681,117 | — | 1,840,133 | ||||||||||||
Cost of shares redeemed |
(68,296,505 | ) | (195,090,255 | ) | — | — | ||||||||||
Transaction fees (Note 4) |
6,352 | 72,625 | — | 498 | ||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
(30,196,940 | ) | (61,336,513 | ) | — | 1,840,631 | ||||||||||
Total Increase (Decrease) in Net Assets |
127,335,149 | (562,817,135 | ) | 23,955 | 969,542 | |||||||||||
Net Assets |
||||||||||||||||
Beginning of period |
370,241,875 | 933,059,010 | 2,853,869 | 1,884,327 | ||||||||||||
End of period |
$ | 497,577,024 | $ | 370,241,875 | $ | 2,877,824 | $ | 2,853,869 | ||||||||
Changes in Shares Outstanding |
||||||||||||||||
Shares outstanding, beginning of period |
51,375,000 | 61,525,000 | 300,000 | 125,000 | ||||||||||||
Shares sold |
3,625,000 | 11,500,000 | — | 175,000 | ||||||||||||
Shares redeemed |
(7,150,000 | ) | (21,650,000 | ) | — | — | ||||||||||
Shares outstanding, end of period |
47,850,000 | 51,375,000 | 300,000 | 300,000 |
The accompanying notes are an integral part of the financial statements.
25
Roundhill ETFs
Statements of Changes in Net Assets
Roundhill MEME ETF |
Roundhill Cannabis ETF |
|||||||||||||||
Period
|
Year
|
Period
|
Period
|
|||||||||||||
From Operations |
||||||||||||||||
Net investment income |
$ | 15,712 | $ | 15,557 | $ | 37,645 | $ | 14,757 | ||||||||
Net realized gain (loss) on investments, foreign currency transactions and swap contracts |
109,649 | (1,511,460 | ) | (585,238 | ) | (1,306,291 | ) | |||||||||
Net change in net unrealized appreciation/depreciation on investments and foreign currency translation |
211,810 | 108,396 | — | — | ||||||||||||
Net increase (decrease) in net assets resulting from operations |
337,171 | (1,387,507 | ) | (547,593 | ) | (1,291,534 | ) | |||||||||
From Distributions |
||||||||||||||||
Distributable earnings |
— | (15,557 | ) | — | — | |||||||||||
Return of capital |
— | (5,264 | ) | — | — | |||||||||||
Total distributions |
— | (20,821 | ) | — | — | |||||||||||
From Capital Share Transactions |
||||||||||||||||
Proceeds from shares sold |
1,555,720 | 2,446,145 | 1,165,275 | 2,786,382 | ||||||||||||
Cost of shares redeemed |
(1,575,845 | ) | (2,384,240 | ) | — | — | ||||||||||
Transaction fees (Note 4) |
— | — | — | 1,566 | ||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions |
(20,125 | ) | 61,905 | 1,165,275 | 2,787,948 | |||||||||||
Total Increase (Decrease) in Net Assets |
317,046 | (1,346,423 | ) | 617,682 | 1,496,414 | |||||||||||
Net Assets |
||||||||||||||||
Beginning of period |
762,799 | 2,109,222 | 1,496,414 | — | ||||||||||||
End of period |
$ | 1,079,845 | $ | 762,799 | $ | 2,114,096 | $ | 1,496,414 | ||||||||
Changes in Shares Outstanding |
||||||||||||||||
Shares outstanding, beginning of period |
150,000 | 150,000 | 250,000 | — | ||||||||||||
Shares sold |
210,000 | 350,000 | 125,000 | 250,000 | ||||||||||||
Shares redeemed |
(330,000 | ) | (350,000 | ) | (280,000 | ) | — | |||||||||
Shares outstanding, end of period |
30,000 | 150,000 | 95,000 | 250,000 |
(1) |
The Fund commenced operations on April 19, 2022. |
The accompanying notes are an integral part of the financial statements.
26
Roundhill ETFs
Statements of Changes in Net Assets
Roundhill
BIG |
Roundhill
BIG |
|||||||
Period
|
Period
|
|||||||
From Operations |
||||||||
Net investment income |
$ | 52,358 | $ | 13,920 | ||||
Net realized gain on investments and swap contracts |
43,529 | 109,714 | ||||||
Net change in net unrealized appreciation/depreciation on investments and swap contracts |
216,003 | 331,498 | ||||||
Net increase in net assets resulting from operations |
311,890 | 455,132 | ||||||
From Capital Share Transactions |
||||||||
Proceeds from shares sold |
4,811,876 | 3,769,975 | ||||||
Cost of shares redeemed |
(538,106 | ) | (595,016 | ) | ||||
Transaction fees (Note 4) |
1,189 | — | ||||||
Net increase in net assets resulting from capital share transactions |
4,274,959 | 3,174,959 | ||||||
Total Increase in Net Assets |
4,586,849 | 3,630,091 | ||||||
Net Assets |
||||||||
Beginning of period |
— | — | ||||||
End of period |
$ | 4,586,849 | $ | 3,630,091 | ||||
Changes in Shares Outstanding |
||||||||
Shares outstanding, beginning of period |
— | — | ||||||
Shares sold |
190,000 | 140,000 | ||||||
Shares redeemed |
(20,000 | ) | (20,000 | ) | ||||
Shares outstanding, end of period |
170,000 | 120,000 |
(1) |
The Fund commenced operations on March 20, 2023. |
(2) |
The Fund commenced operations on April 10, 2023. |
The accompanying notes are an integral part of the financial statements.
27
Roundhill ETFs
Financial Highlights
Per
Share |
||||||||||||||||||||||||||||||||
Income
from |
Less
|
|||||||||||||||||||||||||||||||
|
Net
Asset |
Net
|
Net
realized |
Total
from |
Net
|
Net
realized |
Return
of |
Total
|
||||||||||||||||||||||||
Roundhill Video Games ETF |
||||||||||||||||||||||||||||||||
For the period 01/01/2023 - 06/30/2023 (Unaudited) |
$ | 14.03 | 0.06 | 1.52 | 1.58 | — | — | — | — | |||||||||||||||||||||||
For the year 01/01/2022 - 12/31/2022 |
$ | 24.99 | 0.14 | (11.01 | ) | (10.87 | ) | (0.10 | ) | — | — | (0.10 | ) | |||||||||||||||||||
For the year 01/01/2021 - 12/31/2021 |
$ | 30.09 | 0.05 | (5.17 | ) | (5.12 | ) | (0.01 | ) | — | — | (0.01 | ) | |||||||||||||||||||
For the year 01/01/2020 - 12/31/2020 |
$ | 16.01 | 0.04 | 14.34 | 14.38 | (0.10 | ) | (0.22 | ) | — | (0.32 | ) | ||||||||||||||||||||
For the period 06/03/2019(7) - 12/31/2019 |
$ | 14.86 | 0.08 | 1.11 | 1.19 | (0.05 | ) | — | (0.00 | )(8) | (0.05 | ) | ||||||||||||||||||||
Roundhill Sports Betting & iGaming ETF |
||||||||||||||||||||||||||||||||
For the period 01/01/2023 - 06/30/2023 (Unaudited) |
$ | 14.35 | 0.05 | 3.15 | 3.20 | — | — | — | — | |||||||||||||||||||||||
For the year 01/01/2022 - 12/31/2022 |
$ | 24.88 | 0.07 | (10.51 | ) | (10.44 | ) | (0.04 | ) | — | (0.05 | ) | (0.09 | ) | ||||||||||||||||||
For the year 01/01/2021 - 12/31/2021 |
$ | 25.86 | 0.08 | (1.06 | ) | (0.98 | ) | — | — | — | — | |||||||||||||||||||||
For the period 06/03/2020(7) - 12/31/2020 |
$ | 15.41 | 0.11 | 10.41 | 10.52 | (0.07 | ) | — | (0.00 | )(8) | (0.07 | ) | ||||||||||||||||||||
Roundhill Ball Metaverse ETF |
||||||||||||||||||||||||||||||||
For the period 01/01/2023 - 06/30/2023 (Unaudited) |
$ | 7.21 | 0.02 | 3.17 | 3.19 | — | — | — | — | |||||||||||||||||||||||
For the year 01/01/2022 - 12/31/2022 |
$ | 15.17 | 0.01 | (7.96 | ) | (7.95 | ) | (0.01 | ) | — | (0.00 | )(8) | (0.01 | ) | ||||||||||||||||||
For the period 06/29/2021(7) - 12/31/2021 |
$ | 15.07 | (0.01 | ) | 0.10 | (9) | 0.09 | — | — | — | — |
(1) |
Per share net investment income (loss) was calculated using average shares outstanding. |
(2) |
Annualized for periods less than one year. |
(3) |
Total return in the table represents the rate that the investor would have earned or lost on an investment in the Fund, assuming reinvestment of dividends. |
(4) |
Not annualized for periods less than one year. |
(5) |
Excludes in-kind transactions associated with creations and redemptions of the Fund. |
(6) |
The returns reflect the actual performance for the period and do not include the impact of trades executed on the last business day of the period that were recorded on the first business day of the next period. |
The accompanying notes are an integral part of the financial statements.
28
Roundhill ETFs
Financial Highlights
Per
Share |
Ratios/ |
||||||||||||||||||||||||||||||||||||||
Capital
Share |
Ratios
to |
||||||||||||||||||||||||||||||||||||||
Transaction
|
Net
Asset |
Total
return, |
Total
return, |
Net
assets, |
Expenses,
|
Expenses,
|
Net
|
Net
|
Portfolio
|
||||||||||||||||||||||||||||||
0.01 | $ | 15.62 | 11.36 | % | 11.72 | % | $ | 24,603 | 0.50 | % | 0.50 | % | 0.87 | % | 0.87 | % | 8 | % | |||||||||||||||||||||
0.01 | $ | 14.03 | -43.49 | % | -43.28 | % | $ | 25,250 | 0.50 | % | 0.50 | % | 0.78 | % | 0.78 | % | 83 | % | |||||||||||||||||||||
0.03 | $ | 24.99 | -16.93 | % | -17.57 | % | $ | 62,475 | 0.50 | % | 0.50 | % | 0.16 | % | 0.16 | % | 52 | % | |||||||||||||||||||||
0.02 | $ | 30.09 | 89.88 | %(6) | 89.62 | %(6) | $ | 73,717 | 0.50 | % | 0.44 | % | 0.12 | % | 0.18 | % | 93 | % | |||||||||||||||||||||
0.01 | $ | 16.01 | 8.11 | %(6) | 8.42 | %(6) | $ | 10,810 | 0.50 | % | 0.25 | % | 0.65 | % | 0.90 | % | 34 | % | |||||||||||||||||||||
0.00 | (8) | $ | 17.55 | 22.31 | % | 22.30 | % | $ | 116,275 | 0.75 | % | 0.75 | % | 0.60 | % | 0.60 | % | 15 | % | ||||||||||||||||||||
— | $ | 14.35 | -41.99 | % | -42.00 | % | $ | 118,028 | 0.75 | % | 0.75 | % | 0.38 | % | 0.38 | % | 43 | % | |||||||||||||||||||||
0.00 | (8) | $ | 24.88 | -3.78 | % | -3.91 | % | $ | 290,507 | 0.75 | % | 0.75 | % | 0.26 | % | 0.26 | % | 52 | % | ||||||||||||||||||||
0.00 | (8) | $ | 25.86 | 68.28 | % | 68.15 | % | $ | 206,891 | 0.75 | % | 0.75 | % | 0.92 | % | 0.92 | % | 43 | % | ||||||||||||||||||||
0.00 | (8) | $ | 10.40 | 44.29 | % | 44.57 | % | $ | 497,577 | 0.59 | % | 0.59 | % | 0.40 | % | 0.40 | % | 15 | % | ||||||||||||||||||||
0.00 | (8) | $ | 7.21 | -52.44 | % | -52.66 | % | $ | 370,242 | 0.60 | % | 0.60 | % | 0.06 | % | 0.06 | % | 47 | % | ||||||||||||||||||||
0.01 | $ | 15.17 | 0.63 | % | 0.73 | % | $ | 933,059 | 0.75 | % | 0.75 | % | -0.13 | % | -0.13 | % | 41 | % |
(7) |
Commencement of operations. |
(8) |
Less than $0.005. |
(9) |
Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gains and losses in the Statements of Operations due to share transactions for the period. |
(10) |
Includes tax expense of 0.01% and 0.06% for periods ended December 31, 2022 and December 31, 2021, respectively. |
The accompanying notes are an integral part of the financial statements.
29
Roundhill ETFs
Financial Highlights
Per
Share |
||||||||||||||||||||||||||||||||
Income
from |
Less
|
|||||||||||||||||||||||||||||||
|
Net
Asset |
Net
|
Net
realized |
Total
from |
Net
|
Net
realized |
Return
of |
Total
|
||||||||||||||||||||||||
Roundhill IO Digital Infrastructure ETF |
||||||||||||||||||||||||||||||||
For the period 01/01/2023 - 06/30/2023 (Unaudited) |
$ | 9.51 | 0.11 | (0.03 | ) | 0.08 | — | — | — | — | ||||||||||||||||||||||
For the year 01/01/2022 - 12/31/2022 |
$ | 15.07 | 0.17 | (5.62 | ) | (5.45 | ) | (0.11 | ) | (0.00 | )(8) | — | (0.11 | ) | ||||||||||||||||||
For the period 10/27/2021(7) - 12/31/2021 |
$ | 14.85 | 0.03 | 0.23 | 0.26 | (0.04 | ) | — | — | (0.04 | ) | |||||||||||||||||||||
Roundhill MEME ETF |