13F HOLDINGS REPORT

SMI Advisory Services, LLC

Quarter ended Q3 2025 · Filed October 6, 2025 · Accession 0001609008-25-000006

Total Value

$528.6M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (75)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ETF OPPORTUNITIES TRUST	26923N397	6,510,644	$178.0M	33.68%
2	ETF OPPORTUNITIES TRUST	26923N512	2,451,529	$64.5M	12.21%
3	SPDR GOLD TR	GLD	117,864	$42.2M	7.97%
4	INVESCO EXCH TRD SLF IDX FD	IVZ	1,144,304	$23.7M	4.48%
5	VANGUARD BD INDEX FDS	921937819	295,530	$23.1M	4.36%
6	ISHARES TR	464287200	31,270	$21.0M	3.98%
7	ETF OPPORTUNITIES TRUST	26923N397	689,891	$18.9M	3.57%
8	USCF ETF TR	90290T809	743,751	$16.9M	3.21%
9	ISHARES TR	464287614	34,374	$16.2M	3.06%
10	CAMBRIA ETF TR	132061409	535,339	$15.7M	2.97%
11	VANGUARD INDEX FDS	922908652	60,047	$12.7M	2.41%
12	SELECT SECTOR SPDR TR	81369Y803	35,457	$10.1M	1.91%
13	SPDR SERIES TRUST	78464A755	97,948	$9.6M	1.81%
14	SCHWAB STRATEGIC TR	808524862	336,225	$8.2M	1.55%
15	ETF OPPORTUNITIES TRUST	26923N512	296,377	$7.8M	1.48%
16	SPROTT ASSET MANAGEMENT LP	SII	259,096	$7.7M	1.46%
17	SPDR GOLD TR	GLD	9,452	$3.4M	0.64%
18	SELECT SECTOR SPDR TR	81369Y407	13,018	$3.1M	0.59%
19	SELECT SECTOR SPDR TR	81369Y852	24,906	$2.9M	0.55%
20	SELECT SECTOR SPDR TR	81369Y605	48,885	$2.6M	0.50%
21	SPROTT ASSET MANAGEMENT LP	SII	80,247	$2.4M	0.45%
22	INVESCO EXCH TRD SLF IDX FD	IVZ	95,102	$2.0M	0.37%
23	ISHARES TR	464287200	2,922	$2.0M	0.37%
24	SPDR S&P 500 ETF TR	SPY	2,798	$1.9M	0.35%
25	USCF ETF TR	90290T809	79,265	$1.8M	0.34%
26	VANGUARD BD INDEX FDS	921937819	22,941	$1.8M	0.34%
27	CAMBRIA ETF TR	132061409	59,432	$1.7M	0.33%
28	HUBBELL INC	HUBB	4,196	$1.7M	0.33%
29	ISHARES TR	464287614	3,592	$1.7M	0.32%
30	SELECT SECTOR SPDR TR	81369Y704	9,527	$1.5M	0.28%
31	SELECT SECTOR SPDR TR	81369Y803	4,394	$1.3M	0.24%
32	SPDR SERIES TRUST	78464A755	12,469	$1.2M	0.23%
33	VANGUARD INDEX FDS	922908363	1,821	$1.1M	0.21%
34	VANGUARD INDEX FDS	922908652	5,206	$1.1M	0.21%
35	ELI LILLY & CO	LLY	1,085	$911,219	0.17%
36	VANGUARD INDEX FDS	922908637	2,658	$821,974	0.16%
37	NVIDIA CORPORATION	NVDA	4,280	$803,014	0.15%
38	ISHARES TR	46434VBD1	29,222	$734,057	0.14%
39	INNOVATOR ETFS TRUST	INHD	26,563	$718,559	0.14%
40	ISHARES TR	464287622	1,877	$689,773	0.13%
41	SPDR S&P 500 ETF TR	SPY	953	$637,474	0.12%
42	SCHWAB STRATEGIC TR	808524722	19,585	$632,411	0.12%
43	EXXON MOBIL CORP	XOM	5,381	$609,438	0.12%
44	SCHWAB STRATEGIC TR	808524862	24,497	$596,747	0.11%
45	VANGUARD INTL EQUITY INDEX F	922042775	8,097	$588,074	0.11%
46	SPDR INDEX SHS FDS	78463X848	16,428	$583,359	0.11%
47	ISHARES TR	464287499	5,818	$565,685	0.11%
48	INVESCO EXCH TRADED FD TR II	IVZ	2,226	$552,761	0.10%
49	VANGUARD BD INDEX FDS	921937835	7,122	$529,236	0.10%
50	SPDR SERIES TRUST	78464A847	7,717	$444,784	0.08%
51	SELECT SECTOR SPDR TR	81369Y407	1,648	$391,958	0.07%
52	SELECT SECTOR SPDR TR	81369Y852	3,270	$380,585	0.07%
53	INVESCO EXCH TRD SLF IDX FD	IVZ	18,925	$370,457	0.07%
54	HOWMET AEROSPACE INC	HWM	1,925	$364,307	0.07%
55	SELECT SECTOR SPDR TR	81369Y605	6,539	$351,277	0.07%
56	INVESCO EXCH TRADED FD TR II	IVZ	1,319	$327,535	0.06%
57	INVESCO EXCH TRD SLF IDX FD	IVZ	15,919	$314,082	0.06%
58	WISDOMTREE TR	WT	7,041	$312,058	0.06%
59	SPDR SERIES TRUST	78464A854	3,857	$303,662	0.06%
60	BROADCOM INC	AVGO	884	$299,120	0.06%
61	VANGUARD INDEX FDS	922908736	595	$286,457	0.05%
62	SPDR SERIES TRUST	78464A805	3,445	$279,149	0.05%
63	SPDR SERIES TRUST	78468R101	9,200	$269,284	0.05%
64	VANGUARD SPECIALIZED FUNDS	921908844	1,229	$267,664	0.05%
65	VANGUARD INDEX FDS	922908744	1,398	$262,167	0.05%
66	FIDELITY WISE ORIGIN BITCOIN	FBTC	2,390	$256,137	0.05%
67	GOLDMAN SACHS ETF TR	NVGLF	2,683	$248,983	0.05%
68	MICROSOFT CORP	MSFT	480	$248,328	0.05%
69	APPLE INC	AAPL	839	$216,479	0.04%
70	VANGUARD WORLD FD	921910816	535	$216,150	0.04%
71	ISHARES TR	464288109	2,363	$214,289	0.04%
72	INNOVATOR ETFS TRUST	INHD	5,827	$208,724	0.04%
73	ISHARES TR	464287309	1,708	$206,771	0.04%
74	DNP SELECT INCOME FD INC	23325P104	16,573	$165,231	0.03%
75	CO-DIAGNOSTICS INC	CODX	28,000	$10,750	0.00%