[{"_1":2,"_3":-5,"_4":-5},"loaderData",{"_5":6,"_7":8},"actionData","errors","root",{"_101":102},"en-item",{"_9":10,"_10":11},"kind","item",{"_12":13,"_14":15,"_16":17,"_18":19,"_20":21,"_22":23,"_24":25,"_26":27,"_28":29,"_30":31,"_32":31,"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":-5,"_48":49,"_50":-5,"_51":-5,"_52":53,"_54":55,"_56":57,"_58":42,"_59":42,"_60":61,"_62":42,"_63":64},"id","m3mp43zbk9ngy4oeqw5yvuch3","revision",2,"title","US Vegan Climate ETF 2026财年财报披露","originalTitle","ETF Series Solutions (0001540305) (Filer)","summary","US Vegan Climate ETF在2025年8月1日至2026年7月31日期间，基金成本为$70，占$10,000投资的0.60%。科技板块占53.3%，金融板块占17.2%，通信板块占16.7%。","reason","基金在2026财年表现出较高的年度平均总回报率，科技板块占比较大，存在集中风险。","source",{"_12":92,"_93":94,"_9":95,"_96":42,"_97":98,"_99":100},"links",{"_89":90,"_78":91},"publishedAt","2026-10-07T14:31:43.000Z","discoveredAt","2026-10-07T14:48:12.761Z","timelineAt","category","ai-products","tags",[83,84,85,86,87,88],"stockSymbols",[],"score",55,"selected",true,"channel","news","story",{"_73":74,"_16":75},"x","readingMode","full","author","language","body",{"_64":77,"_78":-5,"_79":80,"_81":82},"outline",[],"relatedStories",[76],"indexable","markdownAvailable","group",{"_65":66,"_45":67,"_68":69,"_70":71,"_72":71},"hasTranslation","bodyLanguage","zh","factId","fTwWTk2IxWIM",{"_73":74,"_16":75},"reportCount",1,"additionalSourceCount",0,"developmentCount","publicId","cc171ca1-992b-401f-bcf4-256ee12bac38","US Vegan Climate ETF 财报披露",{"_73":74,"_16":75},"

美国
证券交易委员会
\n华盛顿特区 20549

表格 N-CSR

经认证的注册管理投资公司的股东报告

投资公司法案文件编号 811-22668

ETF\n系列解决方案
（注册人章程中指定的全称）

东密歇根大街 615 号

密尔沃基，\n威斯康星州 53202
（主要执行办公室地址）（邮政编码）

克里斯滕·M·韦策尔

ETF 系列解决方案

东密歇根大街 615 号

密尔沃基，\n威斯康星州 53202
（服务代理人姓名和地址）

414-516-1564

注册人的电话号码，包括地区代码

财年结束日期： 7 月 31 日

报告期间日期： 2026 年 7 月 31 日

项目 1. 向股东报告。

\n \n \n \n

(a)

\n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n
\n $\"image\"$ \n	\n 美国素食气候 ETF\n \n	\n $\"image\"$ \n
\n VEGN（主要美国上市交易所： CBOE） \n
\n 年度股东报告 \| 2026 年 7 月 31 日\n \n

此年度股东报告包含有关 2025 年 8 月 1 日，至 2026 年 7 月 31 日期间美国素食气候 ETF 的重要信息。您可以在 https://veganetf.com/找到有关该基金的更多信息。您也可以通过致电 1-800-617-0004联系我们获取此信息。\n

过去一年基金的成本是多少？ （基于假设的 10,000 美元投资）

\n \n

\n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n
\n 基金名称 \n	\n 10,000 美元投资的成本 \n	\n 作为 10,000 美元投资的百分比成本 \n
\n 美国素食气候 ETF \n	\n $70 \n	\n 0.60% \n

基金去年的表现如何，是什么影响了它的表现？

财政年度表现强劲的股票包括半导体股票，如Advanced Micro Devices (AMD)、Broadcom (AVGO)、Cisco (CSCO)、Micron Technology (MU)，其中大部分收益来自财政年度的后半段。第二季度的额外支持来自UnitedHealth (UNH)，而Alphabet (GOOG)是本财政年度的另一只表现良好的股票，主要在上半年做出贡献。表现不佳的有American Express (AXP)、Salesforce (CRM)、Intuit (INTU)、Marvell Technology, Inc. (MRVL) 和 ServiceNow (NOW)，以及Oracle (ORCL)，后几只股票因担心SaaS股票的市场份额会被生成式AI所吞噬，以及AI所需的巨额资本支出将由云服务提供商承担而表现疲软。在整个财政年度中，所有排除类别都对收益有所贡献，除了动物源性产品，其中化石燃料的能源生产和军事及国防是最大的两个贡献者。在财政年度的后半段，所有类别都做出了贡献，其中年度领先的类别还加入了受控动物、人权侵犯、其他环境和烟草。公用事业、金融和材料行业的行业配置是财政年度表现的重要贡献者，第二季度还加入了通信和消费随意支出的超配和低配。

基金自成立以来表现如何?*\n

10,000美元的图表反映了对基金的假设性10,000美元投资。图表使用总回报NAV表现，并假设再投资股息和资本利得。基金费用，包括管理费和其他费用，已扣除。

累计表现 （初始投资10,000美元）

$\"image\"$

年平均总回报（%）

\n \n

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n	\n
\n \n	\n 1年 \n	\n 5年 \n	\n 自成立以来 (09/09/2019) \n
\n 美国素食气候ETF NAV\n \n	\n 34.14 \n	\n 13.89 \n	\n 17.99 \n
\n 标普500 TR\n \n	\n 19.56 \n	\n 12.86 \n	\n 16.06 \n
\n Beyond Investing美国素食气候® GTR指数\n \n	\n 35.11 \n	\n 14.63 \n	\n 18.81 \n

访问 https://veganetf.com/获取更多最新的业绩信息。

\n \n \n \n \n \n

美国素食气候ETF \n

第1页 \n

TSR-AR-26922A297

\n \n \n \n \n

*	*基金的历史表现并不能很好地预测基金未来的表现。图表和表格并未反映股东在基金分配或赎回基金股份时需缴纳的税款。***\n

基金关键统计数据 （截至2026年7月31日）

\n \n

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n
\n 净资产 \n	\n $177,645,574 \n
\n 持仓数量 \n	\n 262 \n
\n 净管理费 \n	\n $858,848 \n
\n 投资组合周转率 \n	\n 32% \n
\n 30日SEC收益率 \n	\n 0.39% \n
\n 30日SEC收益率未补贴 \n	\n 0.39% \n

基金投资了什么？（截至2026年7月31日）

\n \n

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n
\n 前十大发行人 \n	\n （占净资产的百分比） \n
\n 美光科技公司\n \n	\n 4.6 \n	\n % \n
\n 苹果公司\n \n	\n 4.5 \n	\n % \n
\n 超微半导体公司\n \n	\n 4.1 \n	\n % \n
\n 博通公司\n \n	\n 4.1 \n	\n % \n
\n 谷歌公司\n \n	\n 4.0 \n	\n % \n
\n 英伟达公司\n \n	\n 3.9 \n	\n % \n
\n 维萨公司\n \n	\n 3.6 \n	\n % \n
\n 万事达公司\n \n	\n 3.1 \n	\n % \n
\n 应用材料公司\n \n	\n 3.0 \n	\n % \n
\n 思科系统公司\n \n	\n 3.0 \n	\n % \n

\n \n

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n
\n 前大行业 \n	\n （占净资产的百分比） \n
\n 科技\n \n	\n 53.3 \n	\n % \n
\n 金融\n \n	\n 17.2 \n	\n % \n
\n 通信\n \n	\n 16.7 \n	\n % \n
\n 非周期性消费\n \n	\n 5.9 \n	\n % \n
\n 工业\n \n	\n 4.4 \n	\n % \n
\n 周期性消费\n \n	\n 1.9 \n	\n % \n
\n 能源\n \n	\n 0.1 \n	\n % \n
\n 公用事业\n \n	\n 0.1 \n	\n % \n
\n 基础材料\n \n	\n 0.0 \n	\n %* \n
\n 现金及其他\n \n	\n 0.4 \n	\n % \n

* 少于净资产的0.05%。

如需了解基金的更多信息，包括其招募说明书、财务信息、持仓和代理信息，请扫描二维码或访问 https://veganetf.com/。

家庭邮寄\n

为了降低基金费用，对于同一地址下多个账户的股东，可能只邮寄一份股东文件（家庭邮寄）。如果您希望您的 Beyond Investing, LLC 文件不进行家庭邮寄，请联系 Beyond Investing, LLC 1-800-617-0004，或联系您的财务中介。您的指示通常在 Beyond Investing, LLC 或您的财务中介收到后30天内生效。

\n \n \n \n \n \n

美国素食气候ETF \n

第2页 \n

TSR-AR-26922A297

100001167116325143771658520383233183127810000111721524314536164282006723344279111000011752165791468117045210812428832816

\n \n \n \n

(b)

不适用。

第2项。道德准则。

注册人已制定适用于注册人 首席执行官和首席财务官 的道德准则。在本报告涵盖的期间内，注册人未对道德准则进行任何实质性修改。在本报告涵盖的期间内，注册人未授予任何道德准则条款的豁免。

注册人的道德准则副本已随本文件提交。

第3项。审计委员会财务专家。

注册人的信托委员会已确定，由于最近一位最近担任注册人审计委员会财务专家（ACFE）的受托人去世，注册人目前没有审计委员会财务专家（ACFE）在审计委员会任职。董事会正在制定计划以解决ACFE角色。

第4项。\n主要会计师费用和业务。

注册人已聘请其主要会计师在过去的两个财年中提供审计服务、与审计相关的服务、税务服务和其他服务。“审计服务”指对注册人年度财务报表进行审计，或在与该财年的法定和监管申报或业务相关的常规服务中由会计师提供的服务。“与审计相关的服务”指主要会计师提供的保证及相关服务，这些服务与审计的执行合理相关。“税务服务”指（i）准备美国联邦、州和消费税申报表；（ii）美国联邦和州税务规划、关于法定、监管或行政发展的税务建议和协助；（iii）关于税务资格事项和/或各种金融工具的税务处理的税务建议；以及（iv）美国联邦消费税分配计算的审查。主要会计师没有提供“其他服务”。

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

	财年结束\n 7/31/2026	财年结束\n 7/31/2025
（a）审计费用	$ 16,000	$ 15,500
（b）与审计相关的费用	不适用	不适用
（c）税务费用	$ 3,500	$ 3,500
（d）其他所有费用	不适用	不适用

(e)(1) 审计委员会已制定了预先批准政策和程序，要求审计委员会预先批准注册人的所有审计和非审计服务，包括提供给与注册人有关联的任何实体的服务。

(e)(2) 根据预先批准要求的豁免，Cohen & Company, Ltd. 所收取的非审计服务费用的百分比如下：

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

	财年结束\n 7/31/2026	财年结束\n 7/31/2025
与审计相关的费用	0%	0%
税务费用	0%	0%
其他所有费用	0%	0%

(f) 不适用。

(g) 下表显示了注册人的会计师在过去两年中为注册人及其投资顾问（以及任何其他控制实体等——不包括子顾问）提供的非审计费用的账单或预计账单情况。

\n \n \n \n \n \n \n \n \n \n \n \n \n

非审计相关费用\n	财年结束\n 7/31/2026	财年结束\n 7/31/2025
注册人	不适用	不适用
注册人的投资顾问	不适用	不适用

(h) 董事会信托委员会的审计委员会已考虑向注册人的投资顾问提供的非审计服务是否与保持主要会计师的独立性相容，并得出结论认为，会计师提供的此类非审计服务并未损害会计师的独立性。

(i) 注册人未被美国证券交易委员会认定为由位于外国司法管辖区的注册公众会计公司的分支机构或办事处发布的年度报告所提交的公司，该外国司法管辖区的公众公司会计监督委员会无法进行检查或完全调查，因为该司法管辖区的有关当局采取了某种立场。

(j) 注册人不是外国发行人。

项目 5。\n上市公司审计委员会。

(a) 该注册人根据《1934年证券交易法》第10A-3条定义为发行人（“法案”），并根据法案第3(a)(58)(A)条设立了单独指定的常设审计委员会。委员会的独立成员如下：David A. Massart、Janet D. Olsen 和 Michael A. Castino。

(b) 不适用

项目 6。\n投资。

\n \n \n \n

(a)

投资明细表包含在本表格第7项提交的财务报表中。

\n \n \n \n

(b)

不适用。

项目 7。\n开放式投资基金的财务报表和财务亮点。

\n \n \n \n

(a)

$\"\"$

US\nVegan Climate ETF (代码：VEGN)

年度\n财务报表和附加信息

2026年7月31日

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n	\n
\n	\n	\n	\n 第\n 页
\n 投资明细表	\n	\n	\n 1
\n 资产和负债表	\n	\n	\n 4
\n 运营表	\n	\n	\n 5
\n 净资产变动表	\n	\n	\n 6
\n 财务亮点	\n	\n	\n 7
\n 财务报表附注	\n	\n	\n 8\n
\n 独立注册公共会计公司的报告	\n	\n	\n 13\n
\n 联邦税务信息	\n	\n	\n 14
\n 附加信息	\n	\n	\n 15\n
\n 顾问协议的批准及董事会考虑事项	\n	\n	\n 16\n
\n 次级顾问协议的批准及董事会考虑事项	\n	\n	\n 19
\n	\n	\n	\n

US\nVEGAN CLIMATE ETF

投资明细表

2026年7月31日

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n	\n	\n	\n	\n
\n	\n	\n	\n 股数	\n	\n	\n 市值\n
\n 普通股 - 99.6%	\n	\n	\n	\n	\n	\n
\n 基本材料 - 0.0%	\n	\n	\n	\n	\n	\n
\n Coeur\n Mining, Inc.	\n	\n	\n 6,005	\n	\n	\n $89,534\n
\n 通信 - 16.7%	\n	\n	\n	\n	\n	\n
\n Alphabet,\n Inc. - Class A	\n	\n	\n 19,779	\n	\n	\n 7,043,895\n
\n AppLovin\n Corp. - Class A^(b)	\n	\n	\n 1,497	\n	\n	\n 592,662\n
\n Arista\n Networks, Inc.^(b)	\n	\n	\n 14,762	\n	\n	\n 2,662,327\n
\n AST\n SpaceMobile, Inc.^(b)	\n	\n	\n 1,405	\n	\n	\n 82,867\n
\n AT&T,\n Inc.	\n	\n	\n 109,976	\n	\n	\n 2,556,942\n
\n Booking\n Holdings, Inc.	\n	\n	\n 4,651	\n	\n	\n 897,178\n
\n CDW\n Corp.	\n	\n	\n 754	\n	\n	\n 111,449\n
\n Charter\n Communications, Inc. - Class A^(b)	\n	\n	\n 465	\n	\n	\n 67,416\n
\n Ciena\n Corp.^(b)	\n	\n	\n 829	\n	\n	\n 312,574\n
\n Cisco\n Systems, Inc.	\n	\n	\n 45,554	\n	\n	\n 5,283,808\n
\n Comcast\n Corp. - Class A	\n	\n	\n 21,106	\n	\n	\n 505,700\n
\n DoorDash,\n Inc. - Class A^(b)	\n	\n	\n 2,040	\n	\n	\n 400,166\n
\n eBay,\n Inc.	\n	\n	\n 2,644	\n	\n	\n 301,442\n
\n EchoStar\n Corp. - Class A^(b)	\n	\n	\n 729	\n	\n	\n 61,302\n
\n Expedia\n Group, Inc.	\n	\n	\n 689	\n	\n	\n 203,076\n
\n GoDaddy,\n Inc. - Class A^(b)	\n	\n	\n 745	\n	\n	\n 61,641\n
\n Lyft,\n Inc. - Class A^(b)	\n	\n	\n 2,284	\n	\n	\n 36,224\n
\n Match\n Group, Inc.	\n	\n	\n 1,274	\n	\n	\n 50,208\n
\n Omnicom\n Group, Inc.	\n	\n	\n 1,674	\n	\n	\n 131,744\n
\n Palo\n Alto Networks, Inc.^(b)	\n	\n	\n 12,625	\n	\n	\n 4,189,354\n
\n Pinterest,\n Inc. - Class A^(b)	\n	\n	\n 3,308	\n	\n	\n 79,425\n
\n Reddit,\n Inc. - Class A^(b)	\n	\n	\n 768	\n	\n	\n 108,035\n
\n Sirius\n XM Holdings, Inc.	\n	\n	\n 1,126	\n	\n	\n 33,352\n
\n Snap,\n Inc. - Class A^(b)	\n	\n	\n 6,499	\n	\n	\n 30,480\n
\n T-Mobile\n US, Inc.	\n	\n	\n 2,782	\n	\n	\n 480,479\n
\n Trade\n Desk, Inc. - Class A^(b)	\n	\n	\n 2,540	\n	\n	\n 45,822\n
\n Ubiquiti,\n Inc.	\n	\n	\n 24	\n	\n	\n 13,357\n
\n VeriSign,\n Inc.	\n	\n	\n 465	\n	\n	\n 134,859\n
\n Verizon\n Communications, Inc.	\n	\n	\n 65,508	\n	\n	\n 3,066,430\n
\n Zillow\n Group, Inc. - Class A^(b)	\n	\n	\n 241	\n	\n	\n 8,360\n
\n Zillow 集团公司 - 类别 C^(b)	\n	\n	\n 1,008	\n	\n	\n 34,333\n
\n	\n	\n	\n	\n	\n	\n 29,586,907\n
\n 消费者，周期性 - 1.9%	\n	\n	\n	\n	\n	\n
\n AutoNation 公司^(b)	\n	\n	\n 148	\n	\n	\n 31,435\n
\n BorgWarner 公司	\n	\n	\n 1,214	\n	\n	\n 77,380\n
\n CarMax 公司^(b)	\n	\n	\n 827	\n	\n	\n 47,354\n
\n Copart 公司^(b)	\n	\n	\n 5,063	\n	\n	\n 147,435\n
\n DR\n Horton 公司	\n	\n	\n 1,513	\n	\n	\n 216,450\n
\n Fastenal\n 公司	\n	\n	\n 6,787	\n	\n	\n 323,808\n
\n Ferguson\n 企业集团，公司	\n	\n	\n 1,086	\n	\n	\n 254,482\n
\n Genuine\n 零件公司	\n	\n	\n 797	\n	\n	\n 99,123\n
\n Lennar\n 公司 - 类别 A	\n	\n	\n 1,223	\n	\n	\n 100,714\n
\n Lennar\n 公司 - 类别 B	\n	\n	\n 48	\n	\n	\n 3,874\n
\n Lithia\n 汽车公司，公司	\n	\n	\n 136	\n	\n	\n 52,417\n
\n Live\n 国家娱乐，公司^(b)	\n	\n	\n 939	\n	\n	\n 163,508\n
\n LKQ\n 公司	\n	\n	\n 1,434	\n	\n	\n 32,193\n
\n National\n Vision 企业集团，公司^(b)	\n	\n	\n 441	\n	\n	\n 9,720\n
\n	\n	\n	\n	\n	\n	\n

\n	\n	\n	\n	\n	\n	\n
\n	\n	\n	\n 股份	\n	\n	\n 价值\n
\n NVR,\n 公司^(b)	\n	\n	\n 15	\n	\n	\n $92,206\n
\n O’Reilly\n 汽车公司，公司^(b)	\n	\n	\n 4,944	\n	\n	\n 441,746\n
\n PACCAR,\n 公司	\n	\n	\n 3,075	\n	\n	\n 407,991\n
\n Planet\n 健身房，公司 - 类别 A^(b)	\n	\n	\n 465	\n	\n	\n 25,998\n
\n Pool\n 公司	\n	\n	\n 216	\n	\n	\n 40,113\n
\n PulteGroup,\n 公司	\n	\n	\n 1,121	\n	\n	\n 141,773\n
\n Rivian\n 汽车公司，公司 - 类别 A^(b)	\n	\n	\n 4,812	\n	\n	\n 73,239\n
\n Somnigroup\n 国际公司，公司	\n	\n	\n 1,209	\n	\n	\n 78,984\n
\n Toll\n 兄弟公司，公司	\n	\n	\n 555	\n	\n	\n 80,969\n
\n Watsco,\n 公司	\n	\n	\n 205	\n	\n	\n 63,407\n
\n WW\n Grainger，公司	\n	\n	\n 252	\n	\n	\n 348,319\n
\n	\n	\n	\n	\n	\n	\n 3,354,638\n
\n 消费者，非周期性 - 5.9%	\n	\n	\n	\n	\n	\n
\n Affirm\n 企业集团，公司^(b)	\n	\n	\n 1,483	\n	\n	\n 106,049\n
\n API\n 集团公司^(b)	\n	\n	\n 2,165	\n	\n	\n 85,907\n
\n 自动数据处理，公司	\n	\n	\n 2,381	\n	\n	\n 634,441\n
\n Avis\n 预订集团，公司^(b)	\n	\n	\n 102	\n	\n	\n 14,019\n
\n Beyond\n 肉类，公司^(b)	\n	\n	\n 2,955	\n	\n	\n 1,673\n
\n Block,\n 公司^(b)	\n	\n	\n 3,156	\n	\n	\n 256,393\n
\n Celsius\n 企业集团，公司^(b)	\n	\n	\n 1,070	\n	\n	\n 31,255\n
\n Centene\n 公司^(b)	\n	\n	\n 2,889	\n	\n	\n 179,754\n
\n Cigna\n 集团	\n	\n	\n 1,532	\n	\n	\n 427,505\n
\n elf\n 美容，公司^(b)	\n	\n	\n 332	\n	\n	\n 27,519\n
\n Equifax,\n 公司	\n	\n	\n 699	\n	\n	\n 120,661\n
\n Ginkgo\n 生物工程企业集团，公司^(b)	\n	\n	\n 324	\n	\n	\n 2,621\n
\n 全球\n 支付，公司	\n	\n	\n 1,366	\n	\n	\n 114,853\n
\n H&R\n 块，公司	\n	\n	\n 653	\n	\n	\n 28,752\n
\n Hertz\n 全球企业集团，公司^(b)	\n	\n	\n 2,101	\n	\n	\n 3,330\n
\n Humana,\n 公司	\n	\n	\n 709	\n	\n	\n 257,977\n
\n IQVIA\n 企业集团，公司^(b)	\n	\n	\n 995	\n	\n	\n 233,845\n
\n McKesson\n 公司	\n	\n	\n 723	\n	\n	\n 619,025\n
\n 移动性\n 全球，公司^(b)	\n	\n	\n 1,792	\n	\n	\n 36,521\n
\n Molina\n 医疗保健，公司^(b)	\n	\n	\n 305	\n	\n	\n 59,664\n
\n Moody’s\n 公司	\n	\n	\n 906	\n	\n	\n 433,412\n
\n Natera,\n 公司^(b)	\n	\n	\n 801	\n	\n	\n 214,476\n
\n Omnicell,\n 公司^(b)	\n	\n	\n 248	\n	\n	\n 8,772\n
\n Robert\n 半，公司	\n	\n	\n 550	\n	\n	\n 20,790\n
\n S&P\n 全球，公司	\n	\n	\n 1,792	\n	\n	\n 738,179\n
\n Sunbelt\n 租赁企业集团，公司	\n	\n	\n 2,442	\n	\n	\n 175,629\n
\n Tenet\n 医疗保健公司^(b)	\n	\n	\n 506	\n	\n	\n 128,919\n
\n Toast,\n 公司 - 类别 A^(b)	\n	\n	\n 2,816	\n	\n	\n 90,872\n
\n 联合\n 租赁，公司	\n	\n	\n 370	\n	\n	\n 399,326\n
\n 联合健康\n 集团，公司	\n	\n	\n 11,696	\n	\n	\n 4,846,822\n
\n Verisk\n 分析，公司	\n	\n	\n 770	\n	\n	\n 150,035\n
\n	\n	\n	\n	\n	\n	\n 10,448,996\n
\n 能源\n - 0.1%	\n	\n	\n	\n	\n	\n
\n Enphase\n 能源，公司^(b)	\n	\n	\n 657	\n	\n	\n 24,664\n
\n First\n 太阳能，公司^(b)	\n	\n	\n 602	\n	\n	\n 127,040\n
\n Plug\n 功率，公司^(b)	\n	\n	\n 9,272	\n	\n	\n 19,100\n
\n Sunrun,\n 公司^(b)	\n	\n	\n 1,455	\n	\n	\n 14,274\n
\n	\n	\n	\n	\n	\n	\n 185,078\n
\n	\n	\n	\n	\n	\n	\n

附注是这些财务报表的组成部分。

\n \n \n \n \n \n \n

美国\n素食气候 ETF

投资组合\n 一览

2026年7月31日（继续）

\n	\n	\n	\n	\n	\n	\n
\n	\n	\n	\n 股份	\n	\n	\n 价值\n
\n 普通\n 股票 - （继续）
\n 金融\n - 17.2%	\n	\n	\n	\n	\n	\n
\n AerCap\n 持有公司 NV	\n	\n	\n 943	\n	\n	\n $142,299\n
\n Aflac,\n 公司	\n	\n	\n 2,724	\n	\n	\n 347,256\n
\n Allstate\n 公司	\n	\n	\n 1,529	\n	\n	\n 403,778\n
\n 美国运通公司	\n	\n	\n 8,483	\n	\n	\n 2,852,409\n
\n 美国塔楼公司	\n	\n	\n 2,757	\n	\n	\n 477,954\n
\n 美利信金融公司	\n	\n	\n 535	\n	\n	\n 292,024\n
\n Aon PLC - 类别A	\n	\n	\n 1,143	\n	\n	\n 412,109\n
\n Arch资本集团有限公司^(b)	\n	\n	\n 2,021	\n	\n	\n 203,171\n
\n Arthur J Gallagher & Co.	\n	\n	\n 1,505	\n	\n	\n 375,377\n
\n AvalonBay社区公司	\n	\n	\n 820	\n	\n	\n 152,200\n
\n 纽约梅隆银行公司	\n	\n	\n 4,057	\n	\n	\n 634,231\n
\n 布朗&布朗公司	\n	\n	\n 1,727	\n	\n	\n 121,581\n
\n Cboe全球市场公司	\n	\n	\n 616	\n	\n	\n 191,102\n
\n CBRE集团公司 - 类别A^(b)	\n	\n	\n 1,728	\n	\n	\n 253,688\n
\n 辛辛那提金融公司	\n	\n	\n 905	\n	\n	\n 160,800\n
\n Circle互联网集团有限公司^(b)	\n	\n	\n 1,164	\n	\n	\n 72,878\n
\n 公民金融集团有限公司	\n	\n	\n 2,504	\n	\n	\n 179,412\n
\n CME集团有限公司	\n	\n	\n 2,141	\n	\n	\n 573,338\n
\n CoStar集团有限公司^(b)	\n	\n	\n 2,447	\n	\n	\n 70,376\n
\n 皇冠城堡公司	\n	\n	\n 2,572	\n	\n	\n 196,244\n
\n Equinix, Inc.	\n	\n	\n 582	\n	\n	\n 593,221\n
\n Equity Residential	\n	\n	\n 2,000	\n	\n	\n 132,900\n
\n Erie保险有限公司 - 类别A	\n	\n	\n 147	\n	\n	\n 35,580\n
\n Essex房地产信托有限公司	\n	\n	\n 377	\n	\n	\n 107,121\n
\n Extra Space存储公司	\n	\n	\n 1,237	\n	\n	\n 183,125\n
\n Fidelity国家金融公司	\n	\n	\n 1,514	\n	\n	\n 78,107\n
\n 第五第三银行公司	\n	\n	\n 5,344	\n	\n	\n 301,936\n
\n 哈丁银行股份有限公司	\n	\n	\n 11,971	\n	\n	\n 203,986\n
\n 互动经纪集团有限公司 - 类别A	\n	\n	\n 2,504	\n	\n	\n 220,327\n
\n 邀请之家公司	\n	\n	\n 3,541	\n	\n	\n 105,238\n
\n 铁山公司	\n	\n	\n 1,746	\n	\n	\n 213,571\n
\n KeyCorp	\n	\n	\n 5,395	\n	\n	\n 121,873\n
\n LPL金融控股公司	\n	\n	\n 470	\n	\n	\n 166,239\n
\n M&T银行公司	\n	\n	\n 879	\n	\n	\n 216,489\n
\n Markel集团有限公司^(b)	\n	\n	\n 71	\n	\n	\n 133,646\n
\n Marsh & McLennan公司	\n	\n	\n 2,846	\n	\n	\n 539,858\n
\n 万事达公司 - 类别A	\n	\n	\n 9,724	\n	\n	\n 5,572,824\n
\n MetLife公司	\n	\n	\n 3,230	\n	\n	\n 310,500\n
\n 纳斯达克公司	\n	\n	\n 2,510	\n	\n	\n 236,417\n
\n Progressive公司	\n	\n	\n 3,453	\n	\n	\n 730,033\n
\n 普洛斯公司	\n	\n	\n 5,505	\n	\n	\n 796,078\n
\n 普信金融公司	\n	\n	\n 2,056	\n	\n	\n 250,996\n
\n 公共存储公司	\n	\n	\n 932	\n	\n	\n 302,126\n
\n 雷曼金融公司	\n	\n	\n 1,054	\n	\n	\n 185,483\n
\n 房地产收入公司	\n	\n	\n 5,519	\n	\n	\n 352,499\n
\n 地区金融公司	\n	\n	\n 5,050	\n	\n	\n 156,297\n
\n 火箭公司 - 类别A^(b)	\n	\n	\n 5,423	\n	\n	\n 69,957\n
\n SBA通信公司	\n	\n	\n 619	\n	\n	\n 112,027\n
\n 西蒙地产集团有限公司	\n	\n	\n 1,904	\n	\n	\n 436,720\n
\n Synchrony金融公司	\n	\n	\n 2,055	\n	\n	\n 155,748\n
\n	\n	\n	\n	\n	\n	\n

\n	\n	\n	\n	\n	\n	\n
\n	\n	\n	\n 股份	\n	\n	\n 价值\n
\n Tradeweb市场公司 - 类别A	\n	\n	\n 686	\n	\n	\n $68,943\n
\n UDR, Inc.	\n	\n	\n 1,781	\n	\n	\n 67,963\n
\n Ventas, Inc.	\n	\n	\n 2,806	\n	\n	\n 262,389\n
\n Visa, Inc. - 类别A	\n	\n	\n 17,592	\n	\n	\n 6,440,959\n
\n Welltower, Inc.	\n	\n	\n 10,209	\n	\n	\n 2,393,398\n
\n Willis Towers Watson PLC	\n	\n	\n 556	\n	\n	\n 186,771\n
\n	\n	\n	\n	\n	\n	\n 30,553,572\n
\n 工业 - 4.4%	\n	\n	\n	\n	\n	\n
\n A O Smith公司	\n	\n	\n 659	\n	\n	\n 39,626\n
\n Acuity公司	\n	\n	\n 178	\n	\n	\n 58,453\n
\n Advanced Drainage Systems公司	\n	\n	\n 395	\n	\n	\n 54,700\n
\n Allegion PLC	\n	\n	\n 508	\n	\n	\n 79,959\n
\n Amrize有限公司	\n	\n	\n 3,031	\n	\n	\n 148,246\n
\n Builders FirstSource公司^(b)	\n	\n	\n 640	\n	\n	\n 42,522\n
\n Cognex公司	\n	\n	\n 987	\n	\n	\n 64,392\n
\n Coherent公司^(b)	\n	\n	\n 1,153	\n	\n	\n 303,112\n
\n Comfort Systems USA公司	\n	\n	\n 205	\n	\n	\n 354,586\n
\n Crown Holdings公司	\n	\n	\n 657	\n	\n	\n 77,427\n
\n Deere & Co.	\n	\n	\n 1,459	\n	\n	\n 864,706\n
\n Dover公司	\n	\n	\n 789	\n	\n	\n 161,445\n
\n EMCOR集团有限公司	\n	\n	\n 259	\n	\n	\n 206,534\n
\n Energizer Holdings公司	\n	\n	\n 399	\n	\n	\n 8,367\n
\n Expeditors国际华盛顿公司	\n	\n	\n 782	\n	\n	\n 131,290\n
\n Fabrinet^(b)	\n	\n	\n 210	\n	\n	\n 91,436\n
\n FedEx公司	\n	\n	\n 1,296	\n	\n	\n 398,390\n
\n Fedex货运控股公司^(b)	\n	\n	\n 647	\n	\n	\n 90,923\n
\n Graphic Packaging Holding公司	\n	\n	\n 1,688	\n	\n	\n 18,112\n
\n Hubbell公司	\n	\n	\n 313	\n	\n	\n 147,908\n
\n ITT公司	\n	\n	\n 527	\n	\n	\n 103,282\n
\n Jabil公司	\n	\n	\n 610	\n	\n	\n 192,181\n
\n Johnson Controls International PLC	\n	\n	\n 3,615	\n	\n	\n 530,176\n
\n Lennox国际公司	\n	\n	\n 181	\n	\n	\n 75,274\n
\n Littelfuse,\n Inc.	\n	\n	\n 145	\n	\n	\n 64,109\n
\n Mettler-Toledo\n International, Inc.^(b)	\n	\n	\n 118	\n	\n	\n 167,123\n
\n nVent\n Electric PLC	\n	\n	\n 954	\n	\n	\n 146,754\n
\n Otis\n Worldwide Corp.	\n	\n	\n 2,299	\n	\n	\n 165,413\n
\n Owens\n Corning	\n	\n	\n 471	\n	\n	\n 65,422\n
\n Rockwell\n Automation, Inc.	\n	\n	\n 662	\n	\n	\n 317,813\n
\n Saia,\n Inc.^(b)	\n	\n	\n 156	\n	\n	\n 54,230\n
\n Silgan\n Holdings, Inc.	\n	\n	\n 619	\n	\n	\n 24,748\n
\n Simpson\n Manufacturing Company, Inc.	\n	\n	\n 241	\n	\n	\n 45,245\n
\n Smurfit\n Westrock PLC	\n	\n	\n 3,040	\n	\n	\n 139,749\n
\n Snap-on,\n Inc.	\n	\n	\n 302	\n	\n	\n 123,944\n
\n Stanley\n Black & Decker, Inc.	\n	\n	\n 909	\n	\n	\n 85,973\n
\n Symbotic,\n Inc.^(b)	\n	\n	\n 384	\n	\n	\n 16,531\n
\n Terex\n Corp.	\n	\n	\n 661	\n	\n	\n 41,537\n
\n Toro\n Co.	\n	\n	\n 572	\n	\n	\n 52,550\n
\n Trane\n Technologies PLC	\n	\n	\n 1,306	\n	\n	\n 594,165\n
\n Trex\n Company, Inc.^(b)	\n	\n	\n 605	\n	\n	\n 26,233\n
\n Trimble,\n Inc.^(b)	\n	\n	\n 1,370	\n	\n	\n 77,515\n
\n United\n Parcel Service, Inc. - Class B	\n	\n	\n 4,410	\n	\n	\n 459,610\n
\n	\n	\n	\n	\n	\n	\n

accompanying notes are an integral part of these financial statements.

\n \n \n \n \n \n \n

US\nVEGAN CLIMATE ETF

投资组合\n

2026年7月31日（继续）

\n	\n	\n	\n	\n	\n	\n
\n	\n	\n	\n 份额	\n	\n	\n 价值\n
\n 普通\n 股票 - （继续）
\n 工业\n - （继续）
\n Vertiv\n Holdings Co. - Class A	\n	\n	\n 2,056	\n	\n	\n $496,668\n
\n Westinghouse\n Air Brake Technologies Corp.	\n	\n	\n 998	\n	\n	\n 290,278\n
\n XPO,\n Inc.^(b)	\n	\n	\n 682	\n	\n	\n 137,062\n
\n	\n	\n	\n	\n	\n	\n 7,835,719\n
\n 科技\n - 53.3%^(c)	\n	\n	\n	\n	\n	\n
\n Accenture\n PLC - Class A	\n	\n	\n 3,635	\n	\n	\n 603,119\n
\n Adobe,\n Inc.^(b)	\n	\n	\n 2,390	\n	\n	\n 598,480\n
\n Advanced\n Micro Devices, Inc.^(b)	\n	\n	\n 15,442	\n	\n	\n 7,352,708\n
\n Apple,\n Inc.	\n	\n	\n 25,645	\n	\n	\n 7,921,997\n
\n Applied\n Materials, Inc.	\n	\n	\n 10,621	\n	\n	\n 5,391,963\n
\n Astera\n Labs, Inc.^(b)	\n	\n	\n 784	\n	\n	\n 244,004\n
\n Atlassian\n Corp. - Class A^(b)	\n	\n	\n 1,000	\n	\n	\n 101,015\n
\n Autodesk,\n Inc.^(b)	\n	\n	\n 1,247	\n	\n	\n 292,047\n
\n Broadcom,\n Inc.	\n	\n	\n 18,653	\n	\n	\n 7,261,240\n
\n Broadridge\n Financial Solutions, Inc.	\n	\n	\n 686	\n	\n	\n 105,610\n
\n Cadence\n Design Systems, Inc.^(b)	\n	\n	\n 1,629	\n	\n	\n 553,893\n
\n Cloudflare,\n Inc. - Class A^(b)	\n	\n	\n 1,850	\n	\n	\n 516,113\n
\n Cognizant\n Technology Solutions Corp. - Class A	\n	\n	\n 2,827	\n	\n	\n 156,474\n
\n CoreWeave,\n Inc. - Class A^(b)	\n	\n	\n 1,493	\n	\n	\n 107,153\n
\n Crowdstrike\n Holdings, Inc. - Class A^(b)	\n	\n	\n 14,756	\n	\n	\n 2,816,330\n
\n Datadog,\n Inc. - Class A^(b)	\n	\n	\n 1,884	\n	\n	\n 504,855\n
\n Dell\n Technologies, Inc. - Class C	\n	\n	\n 1,683	\n	\n	\n 682,238\n
\n Electronic\n Arts, Inc.	\n	\n	\n 1,332	\n	\n	\n 279,533\n
\n Everpure,\n Inc. - Class A^(b)	\n	\n	\n 1,845	\n	\n	\n 142,379\n
\n Fair\n Isaac Corp.^(b)	\n	\n	\n 136	\n	\n	\n 152,724\n
\n Fidelity\n National Information Services, Inc.	\n	\n	\n 3,045	\n	\n	\n 136,325\n
\n Fiserv,\n Inc.^(b)	\n	\n	\n 3,147	\n	\n	\n 169,749\n
\n Fortinet,\n Inc.^(b)	\n	\n	\n 3,689	\n	\n	\n 597,434\n
\n GLOBALFOUNDRIES,\n Inc.	\n	\n	\n 456	\n	\n	\n 22,795\n
\n Intel\n Corp.^(b)	\n	\n	\n 49,283	\n	\n	\n 4,445,327\n
\n International\n Business Machines Corp.	\n	\n	\n 14,492	\n	\n	\n 3,241,136\n
\n Intuit,\n Inc.	\n	\n	\n 1,591	\n	\n	\n 502,867\n
\n IonQ,\n Inc.^(b)	\n	\n	\n 2,142	\n	\n	\n 78,054\n
\n KLA\n Corp.	\n	\n	\n 19,750	\n	\n	\n 3,610,695\n
\n Lam\n Research Corp.	\n	\n	\n 16,342	\n	\n	\n 4,788,533\n
\n Lumentum\n Holdings, Inc.^(b)	\n	\n	\n 419	\n	\n	\n 299,141\n
\n MACOM\n Technology Solutions Holdings, Inc.^(b)	\n	\n	\n 370	\n	\n	\n 93,033\n
\n Marvell\n Technology, Inc.	\n	\n	\n 13,175	\n	\n	\n 2,471,103\n
\n Microchip\n Technology, Inc.	\n	\n	\n 3,138	\n	\n	\n 233,122\n
\n Micron\n Technology, Inc.	\n	\n	\n 9,884	\n	\n	\n 8,134,828\n
\n MKS,\n Inc.	\n	\n	\n 368	\n	\n	\n 109,462\n
\n MongoDB,\n Inc.^(b)	\n	\n	\n 461	\n	\n	\n 155,578\n
\n Monolithic\n Power Systems, Inc.	\n	\n	\n 278	\n	\n	\n 396,436\n
\n MSCI,\n Inc.	\n	\n	\n 415	\n	\n	\n 237,480\n
\n NetApp,\n Inc.	\n	\n	\n 1,164	\n	\n	\n 207,774\n
\n NVIDIA\n Corp.	\n	\n	\n 34,755	\n	\n	\n 6,977,066\n
\n NXP\n 半导体 NV	\n	\n	\n 1,493	\n	\n	\n 342,136\n
\n	\n	\n	\n	\n	\n	\n

\n	\n	\n	\n	\n	\n	\n
\n	\n	\n	\n 股份	\n	\n	\n 价值\n
\n ON\n 半导体公司^(b)	\n	\n	\n 2,321	\n	\n	\n $189,417\n
\n Oracle\n 公司	\n	\n	\n 23,030	\n	\n	\n 2,990,906\n
\n Paychex,\n 公司	\n	\n	\n 1,892	\n	\n	\n 221,061\n
\n PTC,\n 公司^(b)	\n	\n	\n 696	\n	\n	\n 95,491\n
\n ROBLOX\n 公司 - 类别 A^(b)	\n	\n	\n 3,734	\n	\n	\n 132,930\n
\n Salesforce,\n 公司	\n	\n	\n 14,034	\n	\n	\n 2,582,537\n
\n Samsara,\n 公司 - 类别 A^(b)	\n	\n	\n 1,910	\n	\n	\n 71,186\n
\n Sandisk\n 公司^(b)	\n	\n	\n 2,132	\n	\n	\n 2,590,018\n
\n Seagate\n 技术控股 PLC	\n	\n	\n 3,366	\n	\n	\n 2,881,734\n
\n ServiceNow,\n 公司^(b)	\n	\n	\n 6,182	\n	\n	\n 687,624\n
\n Snowflake,\n 公司 - 类别 A^(b)	\n	\n	\n 1,980	\n	\n	\n 580,694\n
\n SS&C\n 技术控股公司	\n	\n	\n 1,248	\n	\n	\n 96,158\n
\n Strategy,\n 公司 - 类别 A^(b)	\n	\n	\n 1,927	\n	\n	\n 179,751\n
\n Super\n 微型计算机公司，股份有限公司^(b)	\n	\n	\n 3,025	\n	\n	\n 85,910\n
\n Synopsys,\n 公司^(b)	\n	\n	\n 1,126	\n	\n	\n 437,744\n
\n Take-Two\n 互动软件公司，股份有限公司^(b)	\n	\n	\n 1,020	\n	\n	\n 247,778\n
\n Teradyne,\n 公司	\n	\n	\n 925	\n	\n	\n 340,113\n
\n 德州仪器，股份有限公司	\n	\n	\n 12,895	\n	\n	\n 3,555,667\n
\n Twilio,\n 公司 - 类别 A^(b)	\n	\n	\n 845	\n	\n	\n 166,761\n
\n Veeva\n 系统公司 - 类别 A^(b)	\n	\n	\n 883	\n	\n	\n 179,938\n
\n 西部数据公司	\n	\n	\n 5,184	\n	\n	\n 2,824,451\n
\n Workday,\n 公司 - 类别 A^(b)	\n	\n	\n 1,231	\n	\n	\n 197,379\n
\n Zoom\n 通信公司 - 类别 A^(b)	\n	\n	\n 1,572	\n	\n	\n 151,022\n
\n Zscaler,\n 公司^(b)	\n	\n	\n 580	\n	\n	\n 87,696\n
\n	\n	\n	\n	\n	\n	\n 94,607,915\n
\n 公用事业\n - 0.1%	\n	\n	\n	\n	\n	\n
\n 美国水公司，股份有限公司	\n	\n	\n 1,154	\n	\n	\n 154,832\n
\n 总计\n 普通股 \n (成本\n 123,785,608美元)	\n	\n	\n	\n	\n	\n 176,817,191\n
\n 短期\n 投资	\n	\n	\n	\n	\n	\n
\n 货币市场\n 基金 - 0.4%	\n	\n	\n	\n	\n	\n
\n First\n American政府义务基金 - 类别 X，3.58%^(d)	\n	\n	\n 783,952	\n	\n	\n 783,952\n
\n 总计\n 货币市场基金 \n (成本\n 783,952美元)	\n	\n	\n	\n	\n	\n 783,952\n
\n 总计\n 投资 - 100.0% \n (成本\n 124,569,560美元)	\n	\n	\n	\n	\n	\n 177,601,143\n
\n 其他资产超过 \n 负债\n - 0.0%^(a)	\n	\n	\n	\n	\n	\n 44,431\n
\n 总计\n 净资产 - 100.0%	\n	\n	\n	\n	\n	\n $177,645,574
\n	\n	\n	\n	\n	\n	\n

百分比\n 以净资产的百分比表示。

\n \n \n \n

(a)

代表净资产的不到\n 0.05%。

\n \n \n \n

(b)

非收入产生\n 证券。

\n \n \n \n

(c)

基金在特定行业或经济部门的投资越重，其表现将特别敏感于对该行业或部门有重大影响的发展。

\n \n \n \n

(d)

所显示的利率\n 代表截至2026年7月 31日的7天年化收益率。

附注是这些财务报表的组成部分。

\n \n \n \n \n \n \n

美国\n 纯素气候ETF

资产和负债状况

2026年7月 31日

\n	\n	\n	\n
\n 资产：	\n	\n	\n
\n 投资，\n 按市值	\n	\n	\n $177,601,143\n
\n 应计股息	\n	\n	\n 133,112\n
\n 股息税返还应收款	\n	\n	\n 1,450\n
\n 总资产	\n	\n	\n 177,735,705\n
\n 负债：	\n	\n	\n
\n 应付顾问费	\n	\n	\n 90,131\n
\n 总负债	\n	\n	\n 90,131\n
\n 净资产	\n	\n	\n $\n 177,645,574
\n 净资产包括：	\n	\n	\n
\n 实收资本	\n	\n	\n $133,867,332\n
\n 总可分配收益/（累计损失）	\n	\n	\n 43,778,242\n
\n 总净资产	\n	\n	\n $\n 177,645,574
\n 净资产	\n	\n	\n $177,645,574\n
\n 已发行和流通股（无限股授权，无面值）	\n	\n	\n 2,375,000\n
\n 每股净资产	\n	\n	\n $74.80\n
\n 成本：	\n	\n	\n
\n 投资，按成本	\n	\n	\n $124,569,560
\n	\n	\n	\n

附注是这些财务报表不可分割的一部分。

\n \n \n \n \n \n \n

美国素食气候ETF

运营状况

截至2026年7月31日止年度

\n	\n	\n	\n
\n 投资收入：	\n	\n	\n
\n 股息收入	\n	\n	\n $1,626,534\n
\n 减：发行费用	\n	\n	\n (13)\n
\n 减：股息预提税	\n	\n	\n (258)\n
\n 总投资收入	\n	\n	\n 1,626,263\n
\n 费用：	\n	\n	\n
\n 投资咨询费	\n	\n	\n 858,848\n
\n 消费税费用	\n	\n	\n 837\n
\n 总费用	\n	\n	\n 859,685\n
\n 净投资收入（损失）	\n	\n	\n 766,578\n
\n 已实现和未实现损益	\n	\n	\n
\n 从以下各项中实现的净损益：	\n	\n	\n
\n 投资	\n	\n	\n (4,300,644)\n
\n 非现金赎回	\n	\n	\n 25,196,382\n
\n 净实现损益	\n	\n	\n 20,895,738\n
\n 以下各项的未实现增值（贬值）净变化：	\n	\n	\n
\n 投资	\n	\n	\n 21,677,861\n
\n 未实现增值（贬值）净变化	\n	\n	\n 21,677,861\n
\n 已实现和未实现损益净额	\n	\n	\n 42,573,599\n
\n 运营导致的净资产净增加（减少）	\n	\n	\n $\n 43,340,177
\n	\n	\n	\n

附注是这些财务报表不可分割的一部分。

\n \n \n \n \n \n \n

美国素食气候ETF

净资产变动表

\n	\n	\n	\n
\n	\n	\n	\n 截至2026年7月31日止年度
\n	\n	\n	\n 2026	\n	\n	\n 2025
\n 运营：	\n	\n	\n	\n	\n	\n
\n 净投资收入（损失）	\n	\n	\n $766,578	\n	\n	\n $657,059\n
\n 净实现损益	\n	\n	\n 20,895,738	\n	\n	\n 11,627,815\n
\n 未实现增值（贬值）的净变化	\n	\n	\n 21,677,861	\n	\n	\n 2,602,884\n
\n 运营导致的净资产增加（减少）	\n	\n	\n 43,340,177	\n	\n	\n 14,887,758\n
\n 分配给股东：	\n	\n	\n	\n	\n	\n
\n 从收益	\n	\n	\n (873,050\n )	\n	\n	\n (534,961\n )
\n 向股东的总分配	\n	\n	\n (873,050\n )	\n	\n	\n (534,961\n )
\n 资本交易：	\n	\n	\n	\n	\n	\n
\n 出售的股份	\n	\n	\n 46,178,920	\n	\n	\n 26,947,042\n
\n 赎回的股份	\n	\n	\n (31,635,915\n )	\n	\n	\n (21,712,973\n )
\n 资本交易导致的净资产净增加（减少）	\n	\n	\n 14,543,005	\n	\n	\n 5,234,069\n
\n 净资产净增加（减少）	\n	\n	\n 57,010,132	\n	\n	\n 19,586,866\n
\n 净资产：	\n	\n	\n	\n	\n	\n
\n 年初	\n	\n	\n 120,635,442	\n	\n	\n 101,048,576\n
\n 年末	\n	\n	\n $\n 177,645,574	\n	\n	\n $120,635,442\n
\n 股份交易	\n	\n	\n	\n	\n	\n
\n 出售的股份	\n	\n	\n 650,000	\n	\n	\n 500,000\n
\n 赎回的股份	\n	\n	\n (425,000\n )	\n	\n	\n (400,000\n )
\n 已发行股份的总增加（减少）	\n	\n	\n 225,000	\n	\n	\n 100,000
\n	\n	\n	\n	\n	\n	\n

附注是这些财务报表不可分割的一部分。

\n \n \n \n \n \n \n

美国素食气候ETF

财务亮点

截至7月31日的年度

2026

2025

2024

2023

2022\n

每股数据：

年初的净资产价值

$56.11

$49.29

$40.35

$35.26

$40.24\n

投资运作：

净投资收益（损失）^(a)

0.34

0.31

0.28

0.22\n

投资实现和未实现的损益^(b)

18.74

6.77

8.92

5.09

(5.01)\n

投资运作的总收益

19.08

7.08

9.20

5.37

(4.79)\n

减去：

净投资收益

(0.39)

(0.26)

(0.28)

(0.19)\n

总分配

(0.39)

(0.26)

(0.28)

(0.19)\n

年末的净资产价值

$74.80

$56.11

$49.29

$40.35

$35.26\n

总回报

34.14%

14.40%

22.90%

15.36%

−11.94%\n

补充数据和比率：

年末净资产（以千为单位）

$177,646

$120,635

$101,049

$75,656

$67,876\n

费用比率与平均净资产

0.60%

0.60%\n

税费用比率与平均净资产 .

0.00%^(c)

—%

—%\n

净投资收益（损失）比率与平均净资产

0.53%

0.60%

0.64%

0.80%

0.56%\n

投资组合换手率^(d)

32%

15%

18%

20%

17%

\n \n \n \n

(a)

每股净投资收益\n 是根据各年平均发行股数计算的。

\n \n \n \n

(b)

标题中列示的每股实现和未实现\n 损益是为调整各年每股净资产价值变动而必需的平衡金额，可能无法与各年损益表中的总损益相吻合，这是由于各年的股份交易所致。\n

\n \n \n \n

(c)

金额表示\n 小于0.005%

\n \n \n \n

(d)

投资组合换手率\n 排除实物交易。

附注是这些财务报表的不可或缺的部分。

\n \n \n \n \n \n \n

美国\n纯素气候ETF

财务报表的\n附注

2026年7月 31日

附注\n1 – 组织结构

美国\n纯素气候ETF（“基金”）是ETF系列解决方案（“ESS”或“信托”）的一个多样化系列，\n一家开放式管理投资公司，由多个投资系列组成，于2012年2月 9日作为特拉华州法规信托成立。该信托根据《1940年投资公司法》（经修订）（“1940年法案”）在证券交易委员会（“SEC”）注册，作为开放式管理投资公司，并且基金的股份发行根据《1933年证券法》（经修订）（“证券法”）进行注册。基金的投资目标是跟踪超越投资美国纯素气候^®指数（“指数”）的表现，扣除费用和开支前。\n基金于2019年9月 9日开始运营。

基金的报告期结束日期为2026年7月 31日。当前财年期间是从2025年8月 1日至\n2026年7月 31日。

附注\n2 – 重要会计政策

该基金是一家投资公司，因此遵循财务会计标准委员会（“FASB”）会计准则汇编（“ASC”）第946号“金融服务 – 投资公司”的投资公司会计和报告指南。

以下是对基金一贯遵循的重要会计政策的总结。这些政策符合美国通用会计原则（“U.S. GAAP”）。\n

\n \n \n \n

安全估值。\n 所有权益证券，包括国内和国外的普通股、优先股和在国家证券交易所交易的交易所交易基金，但不包括在纳斯达克全球市场^®、纳斯达克全球精选市场^®和纳斯达克资本市场^®交易所（统称为“纳斯达克”）上市的证券，均按其主要交易的交易所的最后报告销售价格进行估值。在纳斯达克交易的证券将按纳斯达克官方收盘价（“NOCP”）进行估值。如果在某一天，交易所交易或纳斯达克证券没有交易，则使用最近报价的买入价和卖出价的平均值。不在上市交易所交易的所有权益证券均按场外交易市场的最后销售价格进行估值。如果某非交易所交易证券在某一天没有交易，则使用最后报价的收盘买入价和卖出价的平均值。以外币计价的价格将按当前汇率转换为美元等值，这近似于公允价值。

投资\n在共同基金（包括货币市场基金）中，按每份额的净资产价值（“NAV”）进行估值。

对于报价不易获得的证券，将根据基金理事会（“理事会”）采用的定价程序确定其各自的公允价值。当对证券进行“公允估值”时，将考虑与特定情况相关的事实和情况，包括审查理事会采用的定价程序中列出的各种因素。基金使用公允价值定价可能导致其份额的NAV与不考虑这些因素时计算的NAV显著不同。

如上所述，基金定期使用各种方法来衡量其投资的公允价值。美国通用会计准则（U.S. GAAP）建立了一个优先级体系，用于对估值方法的输入进行排序。输入的三个层级如下：

\n \n \n \n

第1级 –

基金能够访问的活跃市场中相同资产或负债的未调整报价。

\n \n \n \n

第2级 –

除第1级包含的报价外，其他可观察的输入，这些输入对于资产或负债是可观察的，无论是直接还是间接。这些输入可能包括在非活跃市场中相同工具的报价、类似工具的价格、利率、提前还款速度、信用风险、收益率曲线、违约率和类似数据。

\n \n \n \n \n \n \n

美国\n纯素气候ETF

财务报表\n附注

2026年7月31日（继续）

\n \n \n \n

第3级 –

资产或负债的不可观测输入，当相关可观察输入不可用时；代表基金对市场参与者在估值资产或负债时会使用假设的自身假设，并将基于可用的最佳信息。

估值所依赖的可观察输入数据因证券而异，并受多种因素影响，包括但不限于证券类型、该证券是否为新发行且尚未在市场中确立、市场的流动性以及其他与该证券相关的特性。在估值基于市场中较少可观察或不可观察的模型或输入数据的情况下，确定公允价值需要更多的判断。因此，确定公允价值时所运用的判断程度在第三级分类的工具中最大。

用于计量公允价值的输入数据可能属于公允价值层级中的不同级别。在这些情况下，为了披露目的，整个公允价值计量在公允价值层级中的级别是根据整个公允价值计量中最重要的最低级别输入数据确定的。

以下是截至本财政期结束时，用于估值基金投资的输入数据的摘要：

第一级

第二级

第三级

总计\n

投资：

普通股

$176,817,191

$—

$176,817,191\n

货币市场基金

783,952

—

783,952\n

总投资额

$177,601,143

$—

$177,601,143

参见投资明细表以进一步分解投资类别。

在本财政期间，基金未发生第三级之间的转入或转出。

\n \n \n \n

B。

联邦所得税。基金的政策是遵守1986年美国国内税收法典（经修订）第M章的规定，该规定适用于受监管的投资公司，并向股东分配其大部分净投资收益和净资本利得。因此，不需要计提联邦所得税。基金计划提交美国联邦以及适用的州和地方税务申报表。

基金仅在税务立场在税务当局审查中更可能被维持时，才确认不确定税务立场的税务利益。管理层已分析了基金的不确定税务立场，并得出结论，认为与不确定税务立场相关的未确认税务利益不应记录任何负债。管理层未发现任何税务立场，其未确认税务利益的总额在接下来的12个月内有可能发生重大变化。收入和资本利得分配根据联邦所得税法规确定，这可能与美国通用会计准则不同。基金将在运营表中将与未确认税务利益相关的利息和罚款（如有）确认为所得税费用。在本财政期间，基金未产生任何利息或罚款。

\n \n \n \n

C。

安全交易和投资收益。投资证券的交易在交易日进行核算。证券销售实现的收益和损失按特定识别法确定。股息收入和费用在除息日记录。包含在股息收入中的非现金股息或单独披露的股息，如有的话，按所收到证券的公允价值记录。如有，对外国股息的预提税已根据基金对适用税法和规定的理解进行计提。利息收入和费用按应计基础记录。

来自基金对房地产投资信托基金（\"REITs\"）投资的分配可能被归类为普通收入、净资本利得或资本回报。通常直到每个日历年结束时，REIT分配的正确归类才可知。因此，基金必须在报告当年的收入和分配性质时使用估计值。

\n \n \n \n \n \n \n

美国\n纯素气候ETF

财务报表的注释

2026年7月31日（续）

用于财务报表目的。基金股东实际的分配性质将反映在日历年结束后由股东收到的1099表格上。由于REIT投资的性质，基金股东收到的分配中可能有一部分代表资本回报。

\n \n \n \n

D。

外国税款。基金可能因收入、股票股息、投资的已实现和未实现资本利得或某些外币交易而被征收外国税款（其中一部分可能可追回）。外国税款根据管理层对基金投资的外国司法管辖区适用的外国税法和税率的理解进行记录。如有，这些外国税款由基金支付，并在适用时反映在运营报表中。截至2026年7月31日的应付或递延外国税款，如有的话，在基金的资产和负债表中披露。

基金在某些司法管辖区提交预提税追回申请，以收回之前预提的部分金额。基金可根据可收回性记录追回应收款，这包括司法管辖区的适用法律、支付历史和市场惯例等因素。

\n \n \n \n

E。

向股东的分配。如有，基金按季度宣布并支付来自净投资收入的股东分配。基金按年度宣布并支付来自证券净实现收益的股东分配。分配在除息日记录。

\n \n \n \n

F。

估计的使用。根据美国GAAP编制财务报表需要管理层做出影响财务报表中资产和负债的报告金额以及资产负债表日或有资产和负债的披露，以及当前财政期间收入和费用的报告金额的估计和假设。实际结果可能与这些估计不同。

\n \n \n \n

G。

份额估值。\n 基金的每份额净值通过将基金持有的证券价值总和、现金和其他资产减去所有负债（包括估计的应计费用）除以基金的总发行份额数计算得出，四舍五入到最近的分。当纽约证券交易所（\"NYSE\"）因交易而关闭时，基金的份额不会被定价。\n 基金的发行和赎回价格每份额等于基金的每份额净值。

\n \n \n \n

H。

资本账户重分类。美国通用会计准则要求将与永久性差异相关的部分净资产在财务报告和税务报告之间进行重分类。这些重分类对净资产或每份额净值没有影响。

永久性差异主要与实物赎回有关。对于截至2026年7月31日的财年，以下表格显示了所做的重分类：

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n	\n
\n 分配性收益 \n （累计亏损）	\n	\n	\n 实缴资本
\n $(25,146,322)	\n	\n	\n $25,146,322
\n	\n	\n	\n

\n \n \n \n

I。

担保和赔偿。在正常业务过程中，基金与服务提供商签订包含一般赔偿条款的合同。根据这些安排，基金的最大风险未知，因为这将涉及可能对基金提出的未来索赔，而这些索赔尚未发生。然而，根据经验，基金预计损失的风险极小。\n

\n \n \n \n

J。

分部报告。\n 基金作为一个单一分部实体运营。基金的收入、费用、资产和业绩由Beyond Investing LLC的首席执行官（同时也是首席运营决策者）定期监控和评估，使用财务报表和财务亮点中提供的信息。

\n \n \n \n

K。

期后事项。在编制这些财务报表时，管理层已评估截至财务报表发布日期的事件和交易，以确定是否需要确认或披露。在当前财年结束后的期间内，没有发生对基金财务报表中的金额或披露产生重大影响的事件或交易。\n

\n \n \n \n \n \n \n

美国纯素气候ETF

财务报表附注

2026年7月31日（续）

第3号附注 – 承诺及其他关联方交易

Beyond\nInvesting LLC（“顾问”），是该基金的投资顾问。根据信托（代表该基金）与顾问之间签订的投资顾问协议（“顾问协议”），顾问为该基金提供投资建议，并在信托的董事会和官员的指导和控制下监督该基金的日常运营。根据顾问协议，顾问还负责与Penserra Capital Management,\nLLC（“副顾问”）协商安排，包括托管、基金行政管理及会计服务，以及所有与分销无关的、使基金运作所需的其他服务。根据顾问协议，顾问同意支付基金的所有费用，但不包括：根据顾问协议支付给顾问的费用、任何借款的利息费用、做空证券的股息和其他费用、税款、经纪佣金及其他在买卖证券和投资工具时产生的费用、已购基金的费用和开支、累计的递延税负债、非常规费用以及分销（12b-1）费用和开支。对于其为基金提供的服务，基金向顾问支付统一的管理费，该费用按日计算，按月支付，年费率是基金平均每日净资产在1.5亿美元以下时为0.60%，超过1.5亿美元时为0.50%。顾问负责向副顾问支付费用。\n\n该基金跟踪的指数由Beyond Advisors IC开发，是顾问的关联公司。

U.S.\nBancorp Fund Services, LLC，以U.S. Bank Global Fund Services（“基金服务”或“管理人”）的名义开展业务，担任该基金的管理人，并在此角色中为该基金提供各种行政和会计服务。管理人负责准备该基金的各种联邦和州监管文件、报告和回执，包括监管合规监控和财务报告；准备提供给受托人的报告和材料；并监控该基金托管人、转让代理和基金会计师的活动。基金服务还担任该基金的转让代理和基金会计师。U.S. Bank N.A.（“托管人”），是基金服务的关联公司，担任该基金的托管人。

信托的所有官员都与管理人和托管人有关联。

注\n4 – 证券的购买和出售

在当前财年期间，该基金除短期证券和实物交易外，证券的购买和出售金额分别为54,396,437美元和46,858,812美元。

在当前财年期间，没有购买或出售美国政府证券。

在当前财年期间，与创建相关的实物交易金额为39,107,307美元，与赎回相关的实物交易金额为32,244,368美元。\n

注\n5 – 收入税信息

截至2026年7月31日，该基金可分配收益（累计亏损）的组成部分以及投资的税基如下：

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n	\n
\n 投资的税务成本	\n	\n	\n $127,028,756\n
\n 税务未实现增值总额	\n	\n	\n 62,748,712\n
\n 税务未实现贬值总额	\n	\n	\n (12,176,325)\n
\n 税务未实现增值（贬值）净额	\n	\n	\n 50,572,387\n
\n 未分配的普通收入	\n	\n	\n 121,679\n
\n 未分配的长期资本收益	\n	\n	\n —\n
\n 其他累计损益	\n	\n	\n (6,915,824)\n
\n 可分配收益（累计赤字）	\n	\n	\n $43,778,242
\n	\n	\n	\n

财务报表和联邦所得税目的之间的成本基础差异主要是由于在确认洗售交易时的时点差异。

\n \n \n \n \n \n \n

美国纯素气候ETF

财务报表附注

2026年7月31日（续）

一个受监管的投资公司可以在任何应税年度选择将任何合格的晚年度损失的部分视为在下一个应税年度的第一天发生。合格的晚年度损失是指在基金应税年度的10月31日和12月31日之后部分发生的某些资本和普通损失。对于截至2026年7月31日的应税年度，该基金未选择递延任何10月后的资本损失或晚年度普通损失。

截至2026年7月31日，该基金有2,959,729美元的短期资本损失结转和3,956,095美元的长期资本损失结转，可用于联邦所得税目的。这些金额没有到期日。

该基金在截至2026年7月31日和2025年7月31日的财年中支付的分配的税收性质如下：

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

\n	\n	\n	\n
\n	\n	\n	\n 财年结束于7月31日
\n	\n	\n	\n 2026	\n	\n	\n 2025\n
\n 普通收入	\n	\n	\n $873,050	\n	\n	\n $534,961
\n	\n	\n	\n	\n	\n	\n

注释6 – 股份交易

该基金的股份在Cboe BZX交易所有限公司（“Cboe”）上市交易。股份的市场价格可能与其净资产值（NAV）不同。该基金以NAV连续发行和赎回股份，通常以称为“创建单位”的大块股份形式发行和赎回。创建单位主要以包含在指定范围内的证券的实物形式发行和赎回。一旦创建，股份通常在二级市场以随时间变化的市场价格交易。除了以创建单位形式聚合外，股份不是该基金的可赎回证券。创建单位只能由某些金融机构（“授权参与者”）购买或赎回。授权参与者是指（i）通过国家证券清算公司的连续净结算系统进行清算过程的经纪交易商或其他参与者，或（ii）存管信托公司参与者，并且在每种情况下，必须与分销商签署参与协议。大多数零售投资者不符合授权参与者资格，也没有购买和出售整个创建单位的资源。因此，他们无法直接从基金购买或赎回股份。相反，大多数零售投资者可以通过经纪人协助在二级市场购买股份，并需支付常规的经纪佣金或费用。

该基金目前只提供一种份额类别，该类别没有前端销售费用、没有后端销售费用，也没有赎回费用。对于与创建单位或赎回相关的转移和其他交易成本，会收取固定的交易费用。该基金的标准固定交易费用为500美元，支付给托管人。如果托管人确定要免除与订单相关的部分或全部费用，或另一方（如顾问）同意支付该费用，该固定交易费用可能被免除。此外，对于所有现金交易或创建单位的替代品，可能会向基金收取最高为创建单位价值2%的可变费用。如果有的话，基金收到的可变费用会在净资产变动报表的资本交易部分中显示。该基金可以发行无限数量的受益权份额，没有面值。该基金的份额具有相等的权利和特权。

注\n7 – 风险

集中投资风险。该基金在特定行业、行业组或经济部门中投资越多，其表现将特别容易受到显著影响这些行业、行业组或经济部门的事件的影响，且份额的价值可能比投资于更广泛行业或部门公司的证券的份额价值波动更大。截至2026年7月31日，该基金集中于科技行业。

\n \n \n \n \n \n \n

美国纯素气候ETF

独立注册公共会计师事务所的报告

致美国纯素气候ETF的基金份额持有人及

ETF系列解决方案的受托人委员会

财务报表的审计意见

我们审计了截至2026年7月31日的美国纯素气候ETF\n（“基金”），即ETF系列解决方案的一个系列的资产和负债表，包括投资组合明细表，以及截至该日的年度运营表、截至该日的两年期间的净资产变动表、截至该日的五年期间的财务亮点，以及相关的附注（统称为“财务报表”）。我们认为，财务报表在所有重大方面公允地反映了截至2026年7月31日基金的财务状况，以及截至该日的年度运营结果、截至该日的两年期间的净资产变动情况，以及截至该日的五年期间的财务亮点，符合美国通用会计原则。

审计意见的基础

这些财务报表由基金的管理层负责。我们的责任是根据我们的审计，对基金的财务报表发表意见。我们是一家在美国公共公司会计监督委员会（“PCAOB”）注册的会计师事务所，并根据美国联邦证券法以及证券交易委员会和PCAOB的相关规则和法规，要求我们与基金保持独立。

We\nconducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain\nreasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.

Our\naudits included performing procedures to assess the risks of material misstatement of the financial\nstatements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining,\non a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities\nowned as of July 31, 2026, by correspondence with the custodian. Our audits also included evaluating the accounting principles used\nand significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that\nour audits provide a reasonable basis for our opinion.

We\nhave served as the Fund’s auditor since 2019.

$\"\"$

COHEN\n& COMPANY, LTD.

Philadelphia,\nPennsylvania

September\n28, 2026

\n \n \n \n \n \n \n

TABLE OF CONTENTS

US\nVegan Climate ETF

FEDERAL\nTAX INFORMATION

QUALIFIED\nDIVIDEND INCOME/DIVIDENDS RECEIVED DEDUCTION

For\nthe fiscal year ended July 31, 2026, certain dividends paid by the Fund may be subject to the maximum rate of 23.8%, as\nprovided for by the Jobs and Growth Tax relief Reconciliation Act of 2003.

The\npercentage of dividends declared from ordinary income designated as qualified dividend income was 100.00%.

For\ncorporate shareholders, the percentage of ordinary income distributions that qualified for the corporate dividend received deduction for\nthe fiscal year ended July 31, 2026 was 100.00%.

The\npercentage of taxable ordinary income distributions that are designated as short-term capital gain distributions under Internal\nRevenue Section 871(k)(2)(C) for the Fund was 0.00%.

\n \n \n \n \n \n \n

TABLE OF CONTENTS

US\nVEGAN CLIMATE ETF

ADDITIONAL\nINFORMATION

CHANGES\nIN AND DISAGREEMENTS WITH ACCOUNTANTS

There\nwere no changes in or disagreements with accountants during the period covered by this report.

PROXY\nDISCLOSURE

There\nwere no matters submitted to a vote of shareholders during the period covered by this report.

REMUNERATION\nPAID TO DIRECTORS, OFFICERS, AND OTHERS

All\nfund expenses, including Trustee compensation is paid by the Investment Adviser pursuant to the Investment Advisory Agreement.\nAdditional information related to those fees is available in the Fund’s Statement of Additional Information.

\n \n \n \n \n \n \n

TABLE OF CONTENTS

US\nVegan Climate ETF (VEGN)

APPROVAL\nOF ADVISORY AGREEMENT & BOARD CONSIDERATIONS

Pursuant\nto Section 15(c) of the Investment Company Act of 1940 (the “1940 Act”), at a meeting held on June 24-26, 2026 (the\n“Meeting”), the Board of Trustees (the “Board”) of ETF Series Solutions (the “Trust”) approved\nthe continuance of the Investment Advisory Agreement (the “Advisory Agreement”) between Beyond Investing LLC (the “Adviser”)\nand the Trust, on behalf of U.S. Vegan Climate ETF (the “Fund”).

Prior\nto the Meeting, the Board, including the Trustees who are not parties to the Advisory Agreement or “interested persons” of\nany party thereto, as defined in the 1940 Act (the “Independent Trustees”), reviewed written materials (the “Materials”),\nincluding information from the Adviser regarding, among other things: (i) the nature, extent, and quality of the services provided by\nthe Adviser to the Fund; (ii) the Fund’s historical performance; (iii) the cost of the services provided and the profits realized\nby the Adviser from services rendered to the Fund; (iv) comparative performance, fee, and expense data for the Fund and other investment\ncompanies with similar investment objectives, including a report prepared by FUSE Research Network (“FUSE”), an independent\nthird party, that compares the Fund’s investment performance, fees, and expenses to relevant market benchmarks and peer groups (the\n“FUSE Report”); (v) the extent to which any economies of scale realized by the Adviser in connection with its services to\nthe Fund are shared with Fund shareholders; (vi) any other financial benefits to the Adviser and its affiliates resulting from services\nrendered to the Fund; and (vii) other factors the Board deemed to be relevant. The Board also met via videoconference approximately eight\ndays before the Meeting to discuss their initial thoughts regarding the draft Materials and communicate to Trust officers their follow\nup questions, if any, that they would like the Adviser to address at the Meeting and/or through revised or supplemental Materials.

The\nBoard also considered that the Adviser, along with other service providers of the Fund, had provided written and oral updates on the firm\nover the course of the year with respect to its role as the Fund’s investment adviser. The Board considered that information alongside\nthe Materials in its consideration of whether the Advisory Agreement should be continued. Additionally, an Adviser representative provided\nan oral overview of the Fund’s strategy, the services provided to the Fund by the Adviser, and additional information about the\nAdviser’s personnel and business operations. The Board then discussed the Materials and the Adviser’s oral presentation, as\nwell as any other relevant information received by the Board at the Meeting and at prior meetings, and deliberated, in light of this information,\non the approval of the continuation of the Advisory Agreement.

Approval\nof the Continuation of the Advisory Agreement with the Adviser

Nature,\nExtent, and Quality of Services Provided. The Trustees considered the scope of services provided under\nthe Advisory Agreement, noting that the Adviser had provided and would continue to provide investment management services to the Fund.\nIn considering the nature, extent, and quality of the services provided by the Adviser, the Board considered the quality of the Adviser’s\ncompliance infrastructure and past reports from the Trust’s Chief Compliance Officer (“CCO”) regarding the CCO’s\nreview of the Adviser’s compliance program. The Board also considered its previous experience with the Adviser providing investment\nmanagement services to the Fund. The Board noted that it had received a copy of the Adviser’s registration form and financial statements,\nas well as the Adviser’s response to a detailed series of questions that included, among other things, information about the Adviser’s\ndecision-making process, the background and experience of the firm’s key personnel, and the firm’s compliance policies, marketing\npractices, and brokerage information.

The\nBoard also considered other services provided by the Adviser to the Fund, including oversight of the Fund’s sub-adviser, monitoring\nthe Fund’s adherence to its investment restrictions and compliance with the Fund’s policies and procedures and applicable\nsecurities regulations. The Board also noted that the Adviser is responsible for monitoring the extent to which the Fund achieves its\ninvestment objective as an index-based fund. Additionally, the Board considered that Beyond Advisors IC (“Beyond Advisors”),\nan affiliate of the Adviser, acts as index provider to the underlying index, and the index was created by Beyond Advisors based on Beyond\nAdvisors’ intellectual property.

\n \n \n \n \n \n \n

TABLE OF CONTENTS

US\nVegan Climate ETF (VEGN)

APPROVAL\nOF ADVISORY AGREEMENT & BOARD CONSIDERATIONS(Continued)\n

noted,\nhowever, that the Fund underperformed the same benchmark over the one-, five-year and since inception periods. In comparing their returns,\nthe Board considered that the Fund, unlike its benchmark, does not seek broad exposure to the large-cap U.S. equity market; rather, the\nFund is designed to implement a set of rules that seek to address the concerns of vegans, animal lovers, and environmentalists by avoiding\ninvestments in companies whose activities directly contribute to animal suffering, destruction of the natural environment, and climate\nchange.

The\nBoard observed that information regarding the Fund’s past investment performance for periods ended March 31, 2026, had been\nincluded in the Materials, including the FUSE Report, which compared the performance results of the Fund with the returns of two groups\nof the Fund’s peer funds: (1) the broader category group of passively managed, U.S. equity, ESG/impact/sustainable ETFs with similar\npricing characteristics (the “Peer Universe”) and (2) a group of ETFs selected from the Peer Universe by FUSE as most comparable\nto the Fund (the “Peer Group”). Additionally, at the Board’s request, the Adviser identified the funds the Adviser considered\nto be the Fund’s most direct competitors (the “Selected Peer Group”) and provided the Selected Peer Group’s performance\nresults. The funds included by the Adviser in the Selected Peer Group include funds that, based on a combination of quantitative and qualitative\nconsiderations made by the Adviser, have similar investment objectives and principal investment strategies as the Fund. The Board further\nnoted that although the funds in the Selected Peer Group are broadly based large-cap funds that are fossil-free and meet certain ESG-inspired\ncriteria, none of the funds in the Selected Peer Group employ all of the same vegan restrictions and policies applicable to the Fund.\n

The\nBoard noted that, for the three- and five-year periods ended March 31, 2026, the Fund outperformed the median return of funds in\nits Peer Group, but slightly underperformed the median return of the Peer Group funds for the one-year period, and equaled the median\nreturns of these same funds for the since inception period. In comparison to the Peer Universe, the Fund outperformed the median returns\nof these funds for the three-, five-year and since inception periods ended March 31, 2026, but underperformed the median return of\nthe Peer Universe funds for the one-year period. The Board also considered that the Fund performed in line with the funds in its Selected\nPeer Group over the three- and five-year periods ended March 31, 2026, and underperformed most of the funds in its Selected Peer\nGroup over the one-year period.

Cost\nof Services Provided and Economies of Scale. The Board then reviewed the Fund’s fees and expenses.\nThe Board took into consideration that the Adviser had charged, and would continue to charge, the Fund a “unified fee,” meaning\nthe Fund pays no expenses other than the advisory fee and, if applicable, certain other costs such as interest, brokerage, acquired fund\nfees and expenses, extraordinary expenses, and, to the extent it is implemented, fees pursuant to a Distribution and/or Shareholder Servicing\n(12b-1) Plan. The Board noted that the Adviser had been and would continue to be responsible for compensating the Trust’s other\nservice providers and paying the Fund’s other expenses out of the Adviser’s own fee and resources.

The\nBoard noted that the Fund’s net expense ratio was equal to its unified fee. The Board then compared the Fund’s net expense\nratio to those of its Peer Group and Peer Universe, as shown in the FUSE Report, as well as its Selected Peer Group. The Board noted that\nthe Fund had the highest net expense ratio among all of the funds in both its Peer Group and Peer Universe. In addition, the Board observed\nthat the Fund’s net expense ratio was the highest net expense ratio among the funds in its Selected Peer Group. The Board also considered\nthat the Adviser had implemented an advisory fee breakpoint, effective as of December 11, 2025, that will reduce the Adviser’s\nmanagement fee by 10 basis points on average daily net assets in excess of $150 million.

The\nBoard then considered the Adviser’s financial resources and information regarding the Adviser’s ability to support its management\nof the Fund and obligations under the unified fee arrangement. The Board noted that the Adviser had provided its financial statements\nfor the Board’s review. The Board also evaluated the compensation and benefits received by the Adviser from its relationship with\nthe Fund, taking into account an analysis of the Adviser’s profitability with respect to the Fund at various actual and projected\nFund asset levels.

The\nBoard also considered the Fund’s expenses and advisory fee structure in light of its potential economies of scale. The Board determined\nthat the Fund’s unitary fee structure reflects a sharing of economies of scale between the Adviser and the Fund at its current asset\nlevel. In particular, the Board noted that the Fund’s unitary fee structure contains a single management fee breakpoint reduction\nas Fund assets grow. The Board also considered that the Fund currently manages assets in excess of this breakpoint level. The Board also\nnoted its intention to monitor fees as the

\n \n \n \n \n \n \n

TABLE OF CONTENTS

US\nVegan Climate ETF (VEGN)

APPROVAL\nOF ADVISORY AGREEMENT & BOARD CONSIDERATIONS(Continued)\n

Fund\ngrows in size and assess whether additional advisory fee breakpoints may be warranted in the future should the Adviser realize additional\neconomies of scale in its management of the Fund.

Conclusion.\nNo single factor was determinative of the Board’s decision to approve the continuation of the Advisory Agreement; rather, the Board\nbased its determination on the total mix of information available to it. Based on a consideration of all the factors in their totality,\nthe Board, including the Independent Trustees, unanimously determined that the Advisory Agreement, including the compensation payable\nunder the agreement, was fair and reasonable to the Fund. The Board, including the Independent Trustees, unanimously determined that the\napproval of the continuation of the Advisory Agreement was in the best interests of the Fund and its shareholders.

\n \n \n \n \n \n \n

TABLE OF CONTENTS

US\nVegan Climate ETF

APPROVAL\nOF SUB-ADVISORY AGREEMENT & BOARD CONSIDERATIONS

Pursuant\nto Section 15(c) of the Investment Company Act of 1940 (the “1940 Act”), at a meeting held on March 11-12, 2026\n(the “Meeting”), the Board of Trustees (the “Board”) of ETF Series Solutions (the “Trust”) approved\nthe continuance of the Investment Sub-Advisory Agreement (the “Sub-Advisory Agreement”) by and among Beyond Investing LLC\n(the “Adviser”), Penserra Capital Management, LLC (the “Sub-Adviser”), and the Trust, on behalf of the US Vegan\nClimate ETF (the “Fund”).

Prior\nto the Meeting, the Board, including the Trustees who are not parties to the Sub-Advisory Agreement or “interested persons”\nof any party thereto, as defined in the 1940 Act (the “Independent Trustees”), reviewed written materials (the “Materials”),\nincluding information from the Sub-Adviser regarding, among other things: (i) the nature, extent, and quality of the services provided\nby the Sub-Adviser to the Fund; (ii) the Fund’s historical performance; (iii) the cost of the services provided and the profits\nrealized by the Sub-Adviser from services rendered to the Fund; (iv) comparative performance, fee, and expense data for the Fund and other\ninvestment companies with similar investment objectives, including a report prepared by FUSE Research Network (“FUSE”), an\nindependent third party, that compares the Fund’s investment performance, fees, and expenses to relevant market benchmarks and peer\ngroups (the “FUSE Report”); (v) the extent to which any economies of scale realized by the Sub-Adviser in connection with\nits services to the Fund are shared with Fund shareholders; (vi) any other financial benefits to the Sub-Adviser and its affiliates resulting\nfrom services rendered to the Fund; and (vii) other factors the Board deemed to be relevant. The Board also met via videoconference nine\ndays before the Meeting to discuss their initial thoughts regarding the draft Materials and communicate to Trust officers their follow\nup questions, if any, that they would like the Sub-Adviser to address at the Meeting and/or through revised or supplemental Materials.\n

The\nBoard also considered that the Sub-Adviser, along with other service providers of the Fund, had provided written and oral updates on the\nfirm over the course of the year with respect to its role as investment sub-adviser to the Fund, and the Board considered that information\nalongside the Materials in its consideration of whether the Sub-Advisory Agreement should be continued. The Board also noted that the\nSub-Adviser provides investment sub-advisory services to other series of the Trust, and, over the course of the year, the Sub-Adviser\nprovided written and oral updates to the Board with respect to its sub-advisory services to those funds. Additionally, at the Meeting,\na Sub-Adviser representative provided an oral overview of the services provided to the Fund by the Sub-Adviser and additional information\nabout the Sub-Adviser’s personnel and business operations. The Board then discussed the Materials and the Sub-Adviser’s oral\npresentation, as well as any other relevant information received by the Board at the Meeting and at prior meetings, and deliberated, in\nlight of this information, on the approval of the continuation of the Sub-Advisory Agreement.

Approval\nof the Continuation of the Sub-Advisory Agreement with the Sub-Adviser

Nature,\nExtent, and Quality of Services Provided. The Trustees considered the scope of services provided under\nthe Sub-Advisory Agreement, noting that the Sub-Adviser had provided and would continue to provide investment management services to the\nFund. In considering the nature, extent, and quality of the services provided by the Sub-Adviser, the Board considered the quality of\nthe Sub-Adviser’s compliance program and past reports from the Trust’s Chief Compliance Officer (“CCO”) regarding\nthe CCO’s review of the Sub-Adviser’s compliance program. The Board also considered its previous experience with the Sub-Adviser\nproviding investment management services to the Fund, as well as other series of the Trust. The Board noted that it had received a copy\nof the Sub-Adviser’s registration form and financial statements, as well as the Sub-Adviser’s response to a detailed series\nof questions that included, among other things, information about the Sub-Adviser’s decision-making process, the background and\nexperience of the firm’s key personnel, and the firm’s compliance policies, marketing practices, and brokerage information.\n

The\nBoard noted the responsibilities that the Sub-Adviser has as the Fund’s investment sub-adviser, including: responsibility for the\ngeneral management of the day-to-day investment and reinvestment of the assets of the Fund; determining the daily baskets of deposit securities\nand cash components; executing portfolio security trades for purchases and redemptions of the Fund’s shares; oversight of general\nportfolio compliance with applicable securities laws, regulations, and investment restrictions; responsibility for quarterly reporting\nto the Board; and implementation of Board directives as they relate to the Fund. The Board also considered the Sub-Adviser’s resources\nand capacity with respect to portfolio management, compliance, and operations given the number of funds and/or accounts for which it provides\nsub-advisory services.

\n \n \n \n \n \n \n

TABLE OF CONTENTS

US\nVegan Climate ETF

APPROVAL\nOF SUB-ADVISORY AGREEMENT & BOARD CONSIDERATIONS

Historical\nPerformance. The Trustees next considered the Fund’s performance. Because the Fund is designed\nto track the performance of an index, the Board considered, among other things, the extent to which the Fund tracked its index before\nfees and expenses. The Board noted that, for each of the one-, three-, five-year, and since inception periods ended December 31,\n2025, the Fund’s performance on a gross of fees basis (i.e., excluding the effect of fees\nand expenses on Fund performance) was generally consistent with the performance of its underlying index, indicating that the Fund tracked\nits underlying index closely and in an appropriate manner. The Board also noted that the Fund outperformed its broad-based benchmark,\nthe S&P 500^® Index, over the three-year period, but underperformed its benchmark over the one-year and five-year periods.\nThe Board considered, however, that the Fund does not seek broad exposure to the large-cap U.S. equity market like its benchmark; rather,\nthe Fund seeks to address the concerns of vegans, animal lovers, and environmentalists by avoiding investments in companies whose activities\ndirectly contribute to animal suffering, destruction of the natural environment, and climate change.

The\nBoard then observed that additional information regarding the Fund’s past investment performance, for periods ended December 31,\n2025, had been included in the Materials, including the FUSE Report, which compared the performance results of the Fund with the returns\nof two groups of the Fund’s peer funds: (1) the broader category group of passively managed, U.S. equity, ESG/impact/sustainable\nETFs with similar pricing characteristics (the “Peer Universe”) and (2) a group of ETFs selected from the Peer Universe by\nFUSE as most comparable to the Fund (the “Peer Group”). The Board then noted that, for the Peer Group, the Fund outperformed\nthe median returns of these funds for the three- and five-year periods ended December 31, 2025, underperformed the median return\nof these funds for the one-year period, and equaled the median returns of these funds for the since inception period. In comparison to\nthe Peer Universe, the Fund outperformed the median returns of these funds for the three-year and since inception periods ended December 31,\n2025, underperformed the median return of these funds for the one-year period, and equaled the median returns of these funds for the five-year\nperiod.

Cost\nof Services Provided and Economies of Scale. The Board then reviewed the sub-advisory fees paid by the\nAdviser to the Sub-Adviser for its services to the Fund. The Board considered that the fees paid to the Sub-Adviser are paid by the Adviser\nand noted that the fee reflected an arm’s-length negotiation between the Adviser and the Sub-Adviser. The Board further determined\nthat the fees reflected an appropriate allocation of the advisory fee paid to each firm given the work performed by each firm and noted\nthat the fees were generally in line with those charged by the Sub-Adviser in connection with other exchange-traded funds managed by the\nSub-Adviser. The Board noted that the Sub-Adviser has an affiliated broker-dealer that may execute a limited amount of the brokerage transactions\nfor the Fund and, consequently, the Sub-Adviser would benefit indirectly from any commissions paid to such affiliated broker-dealer. The\nBoard noted that the Sub-Adviser had provided its financial statements for the Board’s review. The Board also evaluated the compensation\nand benefits received by the Sub-Adviser from its relationship with the Fund, taking into account analyses of the Sub-Adviser’s\nprofitability with respect to the Fund at various Fund asset levels.

The\nBoard expressed the view that it currently appeared that the Sub-Adviser might realize economies of scale in managing the Fund as assets\ngrow in size. The Board further noted that although the Fund’s sub-advisory fee rate includes asset-level breakpoints, because the\nFund pays the Adviser a unified fee, any benefits from breakpoints in the sub-advisory fee schedule would accrue to the Adviser, rather\nthan the Fund’s shareholders. Consequently, the Board determined that it would monitor fees as the Fund grows to determine whether\neconomies of scale were being effectively shared with the Fund and its shareholders.

Conclusion. No\nsingle factor was determinative of the Board’s decision to approve the continuation of the Sub-Advisory Agreement; rather, the Board\nbased its determination on the total mix of information available to it. Based on a consideration of all the factors in their totality,\nthe Board, including the Independent Trustees, unanimously determined that the Sub-Advisory Agreement, including the compensation payable\nunder the agreement, was fair and reasonable to the Fund. The Board, including the Independent Trustees, unanimously determined that the\napproval of the continuation of the Sub-Advisory Agreement was in the best interests of the Fund and its shareholders.

\n \n \n \n \n \n \n

\n \n \n \n

(b)

Financial Highlights are included within the financial statements filed under Item 7 of this Form.

Item 8.\nChanges in and Disagreements with Accountants for Open-End Investment Companies.

See Item 7(a).

Item 9.\nProxy Disclosure for Open-End Investment Companies.

See Item 7(a).

Item 10.\nRemuneration Paid to Directors, Officers, and Others of Open-End Investment Companies.

See Item 7(a).

Item 11.\nStatement Regarding Basis for Approval of Investment Advisory Contract.

See Item 7(a).

Item 12.\nDisclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable to open-end investment companies.

Item 13. Portfolio Managers\nof Closed-End Management Investment Companies.

Not applicable to open-end investment companies.

Item 14.\nPurchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable to open-end investment companies.

Item 15. Submission of Matters\nto a Vote of Security Holders.

There have been no material changes to the procedures by which shareholders\nmay recommend nominees to the registrant’s board of trustees.

Item 16. Controls and Procedures.

\n \n \n \n

(a)

The Registrant’s President (principal executive officer) and Treasurer (principal financial officer) have reviewed the Registrant’s\n disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as of\n a date within 90 days of the filing of this report, as required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under\n the Securities Exchange Act of 1934. Based on their review, such officers have concluded that the disclosure controls and procedures are\n effective in ensuring that information required to be disclosed in this report is appropriately recorded, processed, summarized and reported\n and made known to them by others within the Registrant and by the Registrant’s service provider.

\n \n \n \n

(b)

There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act)\n that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the\n Registrant’s internal control over financial reporting.

Item 17. Disclosure of Securities\nLending Activities for Closed-End Management Investment Companies

Not applicable to open-end investment companies.

Item 18. Recovery of Erroneously\nAwarded Compensation.

(a) Not Applicable.

(b) Not Applicable.

Item 19. Exhibits.

\n \n \n \n

(a)

(1) Any code of ethics or amendment thereto, that is the subject of the disclosure required by\n Item 2, to the extent that the registrant intends to satisfy Item 2 requirements through filing an exhibit. Filed herewith.

(2) Any policy required by the listing standards adopted pursuant\nto Rule 10D-1 under the Exchange Act (17 CFR 240.10D-1) by the registered national securities exchange or registered national securities\nassociation upon which the registrant’s securities are listed. Not Applicable.

(3) A separate certification\nfor each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment\nCompany Act of 1940 (17 CFR 270.30a-2(a)). Filed herewith.

(4) Any written solicitation to purchase securities under Rule\n23c-1 under the Act sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons.\nNot applicable to open-end investment companies.

(5) Change in the registrant’s independent public accountant.\nNot applicable to open-end investment companies and ETFs.

\n \n \n \n

(b)

Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. Furnished\n herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange\nAct of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned,\nthereunto duly authorized.

\n \n \n \n \n \n

(Registrant)

ETF\n Series Solutions

\n \n \n \n \n \n \n \n \n \n \n

	By\n (Signature and Title)*	/s/ Kristen\n M. Weitzel
		Kristen\n M. Weitzel, President (principal executive officer)

\n \n \n \n \n \n

Date

10/6/2026

Pursuant to the requirements of the Securities Exchange\nAct of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant\nand in the capacities and on the dates indicated.

\n \n \n \n \n \n \n \n \n \n \n

	By\n (Signature and Title)*	/s/ Kristen\n M. Weitzel
		Kristen\n M. Weitzel, President (principal executive officer)

\n \n \n \n \n \n

Date

10/6/2026

\n \n \n \n \n \n \n \n \n \n \n

	By\n (Signature and Title)*	/s/ Kyle\n L. Kroken
		Kyle\n L. Kroken, Treasurer (principal financial officer)

\n \n \n \n \n \n

Date

10/6/2026

* Print the name and title of each signing officer under his or her signature.

","original","zhKind","translation","complete",false,"公司与财报","行业与主题","市场观察","宏观与美联储","政策与监管","其他","aihot","/items/m3mp43zbk9ngy4oeqw5yvuch3","https://www.sec.gov/Archives/edgar/data/1540305/000113322826013168/0001133228-26-013168-index.htm","rss-sec-xbrl","name","SEC · EDGAR 财务披露","rss","firstParty","iconUrl","/api/img-proxy?u=https%3A%2F%2Fwww.sec.gov%2Fthemes%2Fcustom%2Fuswds_sec%2Fassets%2Fimg%2Ffavicons%2Fapple-touch-icon.png&mode=avatar&exp=1791590400&sig=4febbd6b569486c4","iconSrcSet","/api/img-proxy?u=https%3A%2F%2Fwww.sec.gov%2Fthemes%2Fcustom%2Fuswds_sec%2Fassets%2Fimg%2Ffavicons%2Fapple-touch-icon.png&mode=avatar-48&exp=1791590400&sig=b2d04423d06d263c 48w, /api/img-proxy?u=https%3A%2F%2Fwww.sec.gov%2Fthemes%2Fcustom%2Fuswds_sec%2Fassets%2Fimg%2Ffavicons%2Fapple-touch-icon.png&mode=avatar-96&exp=1791590400&sig=6668906c0ecbb2a7 96w","changelogVersion","2026-10-01T08:00"]