# EDGAR Filing Document

**Accession Number:** 0001655589
**File Stem:** 0000940400-26-008699
**Filing Date:** 2026-2
**Character Count:** 273165
**Document Hash:** 85ed320ab99634d764c51feefebe0975
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-008699.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000940400-26-008699

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Templeton ETF Trust
- **CENTRAL INDEX KEY:** 0001655589

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23124
- **FILM NUMBER:** 26687518

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403

## Series and Classes Contracts Data

### Franklin U.S. Equity Index ETF (Series ID: S000053154)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000167261 | Franklin U.S. Equity Index ETF | USPX            |

## Nport-Ex

Schedule of Investments (unaudited)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| **Common Stocks — 99.8%** | **Common Stocks — 99.8%** | **Common Stocks — 99.8%** |
| **Communication Services — 10.8%** | **Communication Services — 10.8%** | **Communication Services — 10.8%** |
| *Diversified Telecommunication Services — 0.6%* | *Diversified Telecommunication Services — 0.6%* | *Diversified Telecommunication Services — 0.6%* |
| &nbsp;&nbsp;&nbsp; AT&T Inc. | &nbsp;&nbsp; 201272 | &nbsp;&nbsp;&nbsp; $4999597<br>|
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc. | &nbsp;&nbsp; 118984 | &nbsp;&nbsp;&nbsp; 4846218<br>|
| *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | &nbsp;&nbsp; *9845815* |
| *Entertainment — 1.4%* | *Entertainment — 1.4%* | *Entertainment — 1.4%* |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 1363290<br>|
| &nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty Formula One, Class A Shares | &nbsp;&nbsp; 556 | &nbsp;&nbsp;&nbsp; 49,695<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty Formula One, Class C Shares | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 602,487<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 554,610<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Netflix Inc. | &nbsp;&nbsp; 119540 | &nbsp;&nbsp;&nbsp; 11,208,070<br> \*<br>|
| &nbsp;&nbsp;&nbsp; ROBLOX Corp., Class A Shares | &nbsp;&nbsp; 17792 | &nbsp;&nbsp;&nbsp; 1,441,686<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 1,281,174<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Walt Disney Co. | &nbsp;&nbsp; 50596 | &nbsp;&nbsp;&nbsp; 5756307<br>|
| &nbsp;&nbsp;&nbsp; Warner Bros. Discovery Inc. | &nbsp;&nbsp; 63940 | &nbsp;&nbsp;&nbsp; 1,842,751<br> \*<br>|
| *Total Entertainment* | *Total Entertainment* | &nbsp;&nbsp; *24100070* |
| *Interactive Media & Services — 8.2%* | *Interactive Media & Services — 8.2%* | *Interactive Media & Services — 8.2%* |
| &nbsp;&nbsp;&nbsp; Alphabet Inc., Class A Shares | &nbsp;&nbsp; 164020 | &nbsp;&nbsp;&nbsp; 51338260<br>|
| &nbsp;&nbsp;&nbsp; Alphabet Inc., Class C Shares | &nbsp;&nbsp; 142336 | &nbsp;&nbsp;&nbsp; 44665037<br>|
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc., Class A Shares | &nbsp;&nbsp; 61160 | &nbsp;&nbsp;&nbsp; 40371104<br>|
| &nbsp;&nbsp;&nbsp; Pinterest Inc., Class A Shares | &nbsp;&nbsp; 16680 | &nbsp;&nbsp;&nbsp; 431,845<br> \*<br>|
| *Total Interactive Media & Services* | *Total Interactive Media & Services* | &nbsp;&nbsp; *136806246* |
| *Media — 0.4%* | *Media — 0.4%* | *Media — 0.4%* |
| &nbsp;&nbsp;&nbsp; Charter Communications Inc., Class A Shares | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 580,325<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Comcast Corp., Class A Shares | &nbsp;&nbsp; 102304 | &nbsp;&nbsp;&nbsp; 3057867<br>|
| &nbsp;&nbsp;&nbsp; Fox Corp., Class A Shares | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 406269<br>|
| &nbsp;&nbsp;&nbsp; Fox Corp., Class B Shares | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 252708<br>|
| &nbsp;&nbsp;&nbsp; News Corp., Class A Shares | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; 275932<br>|
| &nbsp;&nbsp;&nbsp; News Corp., Class B Shares | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 82371<br>|
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 718352<br>|
| &nbsp;&nbsp;&nbsp; Trade Desk Inc., Class A Shares | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 485,432<br> \*<br>|
| *Total Media* | *Total Media* | &nbsp;&nbsp; *5859256* |
| *Wireless Telecommunication Services — 0.2%* | *Wireless Telecommunication Services — 0.2%* | *Wireless Telecommunication Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc. | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; *2709366*<br>|
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **179320753** |
| **Consumer Discretionary — 10.4%** | **Consumer Discretionary — 10.4%** | **Consumer Discretionary — 10.4%** |
| *Automobile Components — 0.0%††* | *Automobile Components — 0.0%††* | *Automobile Components — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Aptiv PLC | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; *465,366*<br> \*<br>|
| *Automobiles — 2.4%* | *Automobiles — 2.4%* | *Automobiles — 2.4%* |
| &nbsp;&nbsp;&nbsp; Ford Motor Co. | &nbsp;&nbsp; 111200 | &nbsp;&nbsp;&nbsp; 1458944<br>|
| &nbsp;&nbsp;&nbsp; General Motors Co. | &nbsp;&nbsp; 26132 | &nbsp;&nbsp;&nbsp; 2125054<br>|
| &nbsp;&nbsp;&nbsp; Tesla Inc. | &nbsp;&nbsp; 78952 | &nbsp;&nbsp;&nbsp; 35,506,294<br> \*<br>|
| *Total Automobiles* | *Total Automobiles* | &nbsp;&nbsp; *39090292* |
| *Broadline Retail — 4.1%* | *Broadline Retail — 4.1%* | *Broadline Retail — 4.1%* |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc. | &nbsp;&nbsp; 274664 | &nbsp;&nbsp;&nbsp; 63,397,945<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Coupang Inc. | &nbsp;&nbsp; 37799 | &nbsp;&nbsp;&nbsp; 891,678<br> \*<br>|
| &nbsp;&nbsp;&nbsp; eBay Inc. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 1113835<br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Broadline Retail — continued* | *Broadline Retail — continued* | *Broadline Retail — continued* |
| &nbsp;&nbsp;&nbsp; MercadoLibre Inc. | &nbsp;&nbsp; 1351 | &nbsp;&nbsp;&nbsp; $2,721,265<br> \*<br>|
| *Total Broadline Retail* | *Total Broadline Retail* | &nbsp;&nbsp; *68124723* |
| *Distributors — 0.0%††* | *Distributors — 0.0%††* | *Distributors — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; *478560*<br>|
| *Hotels, Restaurants & Leisure — 1.8%* | *Hotels, Restaurants & Leisure — 1.8%* | *Hotels, Restaurants & Leisure — 1.8%* |
| &nbsp;&nbsp;&nbsp; Airbnb Inc., Class A Shares | &nbsp;&nbsp; 11676 | &nbsp;&nbsp;&nbsp; 1,584,667<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc. | &nbsp;&nbsp; 915 | &nbsp;&nbsp;&nbsp; 4900127<br>|
| &nbsp;&nbsp;&nbsp; Carnival Corp. | &nbsp;&nbsp; 30580 | &nbsp;&nbsp;&nbsp; 933,913<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill Inc. | &nbsp;&nbsp; 37808 | &nbsp;&nbsp;&nbsp; 1,398,896<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Darden Restaurants Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 613891<br>|
| &nbsp;&nbsp;&nbsp; Domino's Pizza Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 463504<br>|
| &nbsp;&nbsp;&nbsp; DoorDash Inc., Class A Shares | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; 2,392,535<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Expedia Group Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 945122<br>|
| &nbsp;&nbsp;&nbsp; Flutter Entertainment PLC | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 956,498<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1756821<br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 579040<br>|
| &nbsp;&nbsp;&nbsp; Marriott International Inc., Class A Shares | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1897428<br>|
| &nbsp;&nbsp;&nbsp; McDonald's Corp. | &nbsp;&nbsp; 20016 | &nbsp;&nbsp;&nbsp; 6117490<br>|
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 2016034<br>|
| &nbsp;&nbsp;&nbsp; Starbucks Corp. | &nbsp;&nbsp; 32248 | &nbsp;&nbsp;&nbsp; 2715604<br>|
| &nbsp;&nbsp;&nbsp; Yum! Brands Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 1177563<br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *30449133* |
| *Household Durables — 0.2%* | *Household Durables — 0.2%* | *Household Durables — 0.2%* |
| &nbsp;&nbsp;&nbsp; DR Horton Inc. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 1041049<br>|
| &nbsp;&nbsp;&nbsp; Garmin Ltd. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 902277<br>|
| &nbsp;&nbsp;&nbsp; Lennar Corp., Class A Shares | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 628725<br>|
| &nbsp;&nbsp;&nbsp; NVR Inc. | &nbsp;&nbsp; 78 | &nbsp;&nbsp;&nbsp; 568,836<br> \*<br>|
| &nbsp;&nbsp;&nbsp; PulteGroup Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 651965<br>|
| *Total Household Durables* | *Total Household Durables* | &nbsp;&nbsp; *3792852* |
| *Specialty Retail — 1.7%* | *Specialty Retail — 1.7%* | *Specialty Retail — 1.7%* |
| &nbsp;&nbsp;&nbsp; AutoZone Inc. | &nbsp;&nbsp; 479 | &nbsp;&nbsp;&nbsp; 1,624,528<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Best Buy Co. Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 372131<br>|
| &nbsp;&nbsp;&nbsp; Burlington Stores Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 481,802<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Carvana Co. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 1,642,502<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Home Depot Inc. | &nbsp;&nbsp; 27800 | &nbsp;&nbsp;&nbsp; 9565980<br>|
| &nbsp;&nbsp;&nbsp; Lowe's Cos. Inc. | &nbsp;&nbsp; 15568 | &nbsp;&nbsp;&nbsp; 3754379<br>|
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive Inc. | &nbsp;&nbsp; 23908 | &nbsp;&nbsp;&nbsp; 2,180,649<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Ross Stores Inc. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 1602525<br>|
| &nbsp;&nbsp;&nbsp; TJX Cos. Inc. | &nbsp;&nbsp; 31136 | &nbsp;&nbsp;&nbsp; 4782801<br>|
| &nbsp;&nbsp;&nbsp; Tractor Supply Co. | &nbsp;&nbsp; 14456 | &nbsp;&nbsp;&nbsp; 722945<br>|
| &nbsp;&nbsp;&nbsp; Ulta Beauty Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 672,771<br> \*<br>|
| *Total Specialty Retail* | *Total Specialty Retail* | &nbsp;&nbsp; *27403013* |
| *Textiles, Apparel & Luxury Goods — 0.2%* | *Textiles, Apparel & Luxury Goods — 0.2%* | *Textiles, Apparel & Luxury Goods — 0.2%* |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica Inc. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 577,712<br> \*<br>|
| &nbsp;&nbsp;&nbsp; NIKE Inc., Class B Shares | &nbsp;&nbsp; 31692 | &nbsp;&nbsp;&nbsp; 2019097<br>|
| *Total Textiles, Apparel & Luxury Goods* | *Total Textiles, Apparel & Luxury Goods* | &nbsp;&nbsp; *2596809* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **172400748** |

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| **Consumer Staples — 4.5%** | **Consumer Staples — 4.5%** | **Consumer Staples — 4.5%** |
| *Beverages — 1.0%* | *Beverages — 1.0%* | *Beverages — 1.0%* |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. | &nbsp;&nbsp; 110644 | &nbsp;&nbsp;&nbsp; $7735122<br>|
| &nbsp;&nbsp;&nbsp; Constellation Brands Inc., Class A Shares | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 613646<br>|
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc. | &nbsp;&nbsp; 34472 | &nbsp;&nbsp;&nbsp; 965561<br>|
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp. | &nbsp;&nbsp; 19460 | &nbsp;&nbsp;&nbsp; 1,491,998<br> \*<br>|
| &nbsp;&nbsp;&nbsp; PepsiCo Inc. | &nbsp;&nbsp; 38364 | &nbsp;&nbsp;&nbsp; 5506001<br>|
| *Total Beverages* | *Total Beverages* | &nbsp;&nbsp; *16312328* |
| *Consumer Staples Distribution & Retail — 1.7%* | *Consumer Staples Distribution & Retail — 1.7%* | *Consumer Staples Distribution & Retail — 1.7%* |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp. | &nbsp;&nbsp; 12532 | &nbsp;&nbsp;&nbsp; 10806845<br>|
| &nbsp;&nbsp;&nbsp; Dollar General Corp. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 812021<br>|
| &nbsp;&nbsp;&nbsp; Dollar Tree Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 683,936<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Kroger Co. | &nbsp;&nbsp; 17236 | &nbsp;&nbsp;&nbsp; 1076905<br>|
| &nbsp;&nbsp;&nbsp; Sysco Corp. | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 983320<br>|
| &nbsp;&nbsp;&nbsp; Target Corp. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 1250027<br>|
| &nbsp;&nbsp;&nbsp; Walmart Inc. | &nbsp;&nbsp; 121208 | &nbsp;&nbsp;&nbsp; 13503783<br>|
| *Total Consumer Staples Distribution & Retail* | *Total Consumer Staples Distribution & Retail* | &nbsp;&nbsp; *29116837* |
| *Food Products — 0.3%* | *Food Products — 0.3%* | *Food Products — 0.3%* |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 735182<br>|
| &nbsp;&nbsp;&nbsp; General Mills Inc. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 698058<br>|
| &nbsp;&nbsp;&nbsp; Hershey Co. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 708266<br>|
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co. | &nbsp;&nbsp; 24464 | &nbsp;&nbsp;&nbsp; 593252<br>|
| &nbsp;&nbsp;&nbsp; McCormick & Co. Inc., Non Voting Shares | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 492299<br>|
| &nbsp;&nbsp;&nbsp; Mondelez International Inc., Class A Shares | &nbsp;&nbsp; 36696 | &nbsp;&nbsp;&nbsp; 1975346<br>|
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc., Class A Shares | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 456298<br>|
| *Total Food Products* | *Total Food Products* | &nbsp;&nbsp; *5658701* |
| *Household Products — 0.8%* | *Household Products — 0.8%* | *Household Products — 0.8%* |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co. Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 559447<br>|
| &nbsp;&nbsp;&nbsp; Clorox Co. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 336369<br>|
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co. | &nbsp;&nbsp; 22796 | &nbsp;&nbsp;&nbsp; 1801340<br>|
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp. | &nbsp;&nbsp; 9452 | &nbsp;&nbsp;&nbsp; 953612<br>|
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. | &nbsp;&nbsp; 66164 | &nbsp;&nbsp;&nbsp; 9481963<br>|
| *Total Household Products* | *Total Household Products* | &nbsp;&nbsp; *13132731* |
| *Personal Care Products — 0.1%* | *Personal Care Products — 0.1%* | *Personal Care Products — 0.1%* |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos. Inc., Class A Shares | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 698692<br>|
| &nbsp;&nbsp;&nbsp; Kenvue Inc. | &nbsp;&nbsp; 49484 | &nbsp;&nbsp;&nbsp; 853599<br>|
| *Total Personal Care Products* | *Total Personal Care Products* | &nbsp;&nbsp; *1552291* |
| *Tobacco — 0.6%* | *Tobacco — 0.6%* | *Tobacco — 0.6%* |
| &nbsp;&nbsp;&nbsp; Altria Group Inc. | &nbsp;&nbsp; 47260 | &nbsp;&nbsp;&nbsp; 2725012<br>|
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc. | &nbsp;&nbsp; 43924 | &nbsp;&nbsp;&nbsp; 7045409<br>|
| *Total Tobacco* | *Total Tobacco* | &nbsp;&nbsp; *9770421* |
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **75543309** |
| **Energy — 2.8%** | **Energy — 2.8%** | **Energy — 2.8%** |
| *Energy Equipment & Services — 0.2%* | *Energy Equipment & Services — 0.2%* | *Energy Equipment & Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co. | &nbsp;&nbsp; 27800 | &nbsp;&nbsp;&nbsp; 1266012<br>|
| &nbsp;&nbsp;&nbsp; Halliburton Co. | &nbsp;&nbsp; 24464 | &nbsp;&nbsp;&nbsp; 691353<br>|
| &nbsp;&nbsp;&nbsp; SLB Ltd. | &nbsp;&nbsp; 41700 | &nbsp;&nbsp;&nbsp; 1600446<br>|
| *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | &nbsp;&nbsp; *3557811* |

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Oil, Gas & Consumable Fuels — 2.6%* | *Oil, Gas & Consumable Fuels — 2.6%* | *Oil, Gas & Consumable Fuels — 2.6%* |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; $1188889<br>|
| &nbsp;&nbsp;&nbsp; Chevron Corp. | &nbsp;&nbsp; 52820 | &nbsp;&nbsp;&nbsp; 8050296<br>|
| &nbsp;&nbsp;&nbsp; ConocoPhillips | &nbsp;&nbsp; 35028 | &nbsp;&nbsp;&nbsp; 3278971<br>|
| &nbsp;&nbsp;&nbsp; Coterra Energy Inc. | &nbsp;&nbsp; 21128 | &nbsp;&nbsp;&nbsp; 556089<br>|
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. | &nbsp;&nbsp; 17236 | &nbsp;&nbsp;&nbsp; 631355<br>|
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 835835<br>|
| &nbsp;&nbsp;&nbsp; EOG Resources Inc. | &nbsp;&nbsp; 15568 | &nbsp;&nbsp;&nbsp; 1634796<br>|
| &nbsp;&nbsp;&nbsp; EQT Corp. | &nbsp;&nbsp; 17236 | &nbsp;&nbsp;&nbsp; 923850<br>|
| &nbsp;&nbsp;&nbsp; Expand Energy Corp. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 736322<br>|
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | &nbsp;&nbsp; 118428 | &nbsp;&nbsp;&nbsp; 14251625<br>|
| &nbsp;&nbsp;&nbsp; Gazprom PJSC | &nbsp;&nbsp; 15428 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc. | &nbsp;&nbsp; 55600 | &nbsp;&nbsp;&nbsp; 1528444<br>|
| &nbsp;&nbsp;&nbsp; LUKOIL PJSC | &nbsp;&nbsp; 516 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 1356334<br>|
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp. | &nbsp;&nbsp; 18348 | &nbsp;&nbsp;&nbsp; 754470<br>|
| &nbsp;&nbsp;&nbsp; ONEOK Inc. | &nbsp;&nbsp; 17236 | &nbsp;&nbsp;&nbsp; 1266846<br>|
| &nbsp;&nbsp;&nbsp; Phillips 66 | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 1434925<br>|
| &nbsp;&nbsp;&nbsp; Rosneft Oil Co. PJSC | &nbsp;&nbsp; 1154 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Surgutneftegas PAO | &nbsp;&nbsp; 8286 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Targa Resources Corp. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1128402<br>|
| &nbsp;&nbsp;&nbsp; Tatneft PJSC | &nbsp;&nbsp; 1974 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 479083<br>|
| &nbsp;&nbsp;&nbsp; Valero Energy Corp. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 1357668<br>|
| &nbsp;&nbsp;&nbsp; Williams Cos. Inc. | &nbsp;&nbsp; 34472 | &nbsp;&nbsp;&nbsp; 2072112<br>|
| *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | &nbsp;&nbsp; *43466312* |
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **47024123** |
| **Financials — 13.4%** | **Financials — 13.4%** | **Financials — 13.4%** |
| *Banks — 3.7%* | *Banks — 3.7%* | *Banks — 3.7%* |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. | &nbsp;&nbsp; 188484 | &nbsp;&nbsp;&nbsp; 10366620<br>|
| &nbsp;&nbsp;&nbsp; Citigroup Inc. | &nbsp;&nbsp; 50596 | &nbsp;&nbsp;&nbsp; 5904047<br>|
| &nbsp;&nbsp;&nbsp; Citizens Financial Group Inc. | &nbsp;&nbsp; 12232 | &nbsp;&nbsp;&nbsp; 714471<br>|
| &nbsp;&nbsp;&nbsp; East-West Bancorp Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 437422<br>|
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp | &nbsp;&nbsp; 18904 | &nbsp;&nbsp;&nbsp; 884896<br>|
| &nbsp;&nbsp;&nbsp; First Citizens BancShares Inc., Class A Shares | &nbsp;&nbsp; 302 | &nbsp;&nbsp;&nbsp; 648146<br>|
| &nbsp;&nbsp;&nbsp; Huntington Bancshares Inc. | &nbsp;&nbsp; 42812 | &nbsp;&nbsp;&nbsp; 742788<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. | &nbsp;&nbsp; 77284 | &nbsp;&nbsp;&nbsp; 24902451<br>|
| &nbsp;&nbsp;&nbsp; KeyCorp | &nbsp;&nbsp; 26688 | &nbsp;&nbsp;&nbsp; 550840<br>|
| &nbsp;&nbsp;&nbsp; M&T Bank Corp. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 896183<br>|
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 2321078<br>|
| &nbsp;&nbsp;&nbsp; Regions Financial Corp. | &nbsp;&nbsp; 24464 | &nbsp;&nbsp;&nbsp; 662974<br>|
| &nbsp;&nbsp;&nbsp; Truist Financial Corp. | &nbsp;&nbsp; 36140 | &nbsp;&nbsp;&nbsp; 1778450<br>|
| &nbsp;&nbsp;&nbsp; US Bancorp | &nbsp;&nbsp; 43924 | &nbsp;&nbsp;&nbsp; 2343785<br>|
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. | &nbsp;&nbsp; 88404 | &nbsp;&nbsp;&nbsp; 8239253<br>|
| *Total Banks* | *Total Banks* | &nbsp;&nbsp; *61393404* |
| *Capital Markets — 3.4%* | *Capital Markets — 3.4%* | *Capital Markets — 3.4%* |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial Inc. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 1363145<br>|
| &nbsp;&nbsp;&nbsp; Ares Management Corp., Class A Shares | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 898663<br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp. | &nbsp;&nbsp; 18904 | &nbsp;&nbsp;&nbsp; $2194565<br>|
| &nbsp;&nbsp;&nbsp; Blackrock Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 4165763<br>|
| &nbsp;&nbsp;&nbsp; Blackstone Inc. | &nbsp;&nbsp; 20572 | &nbsp;&nbsp;&nbsp; 3170968<br>|
| &nbsp;&nbsp;&nbsp; Carlyle Group Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 361517<br>|
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp. | &nbsp;&nbsp; 47816 | &nbsp;&nbsp;&nbsp; 4777297<br>|
| &nbsp;&nbsp;&nbsp; CME Group Inc. | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 2732985<br>|
| &nbsp;&nbsp;&nbsp; Coinbase Global Inc., Class A Shares | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1,383,072<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 7330860<br>|
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group Inc., Class A Shares | &nbsp;&nbsp; 12762 | &nbsp;&nbsp;&nbsp; 820724<br>|
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc. | &nbsp;&nbsp; 16124 | &nbsp;&nbsp;&nbsp; 2611443<br>|
| &nbsp;&nbsp;&nbsp; KKR & Co. Inc. | &nbsp;&nbsp; 18904 | &nbsp;&nbsp;&nbsp; 2409882<br>|
| &nbsp;&nbsp;&nbsp; LPL Financial Holdings Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 794346<br>|
| &nbsp;&nbsp;&nbsp; Moody's Corp. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 2272261<br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley | &nbsp;&nbsp; 35028 | &nbsp;&nbsp;&nbsp; 6218521<br>|
| &nbsp;&nbsp;&nbsp; MSCI Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 1275976<br>|
| &nbsp;&nbsp;&nbsp; Nasdaq Inc. | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; 1026081<br>|
| &nbsp;&nbsp;&nbsp; Northern Trust Corp. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 759440<br>|
| &nbsp;&nbsp;&nbsp; Raymond James Financial Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 803592<br>|
| &nbsp;&nbsp;&nbsp; Robinhood Markets Inc., Class A Shares | &nbsp;&nbsp; 21128 | &nbsp;&nbsp;&nbsp; 2,389,577<br> \*<br>|
| &nbsp;&nbsp;&nbsp; S&P Global Inc. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 4358401<br>|
| &nbsp;&nbsp;&nbsp; State Street Corp. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 1004214<br>|
| &nbsp;&nbsp;&nbsp; T. Rowe Price Group Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 626156<br>|
| *Total Capital Markets* | *Total Capital Markets* | &nbsp;&nbsp; *55749449* |
| *Consumer Finance — 0.7%* | *Consumer Finance — 0.7%* | *Consumer Finance — 0.7%* |
| &nbsp;&nbsp;&nbsp; American Express Co. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 5553689<br>|
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp. | &nbsp;&nbsp; 17913 | &nbsp;&nbsp;&nbsp; 4341395<br>|
| &nbsp;&nbsp;&nbsp; SoFi Technologies Inc. | &nbsp;&nbsp; 33297 | &nbsp;&nbsp;&nbsp; 871,716<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Synchrony Financial | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 834967<br>|
| *Total Consumer Finance* | *Total Consumer Finance* | &nbsp;&nbsp; *11601767* |
| *Financial Services — 3.8%* | *Financial Services — 3.8%* | *Financial Services — 3.8%* |
| &nbsp;&nbsp;&nbsp; Apollo Global Management Inc. | &nbsp;&nbsp; 11676 | &nbsp;&nbsp;&nbsp; 1690218<br>|
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc., Class B Shares | &nbsp;&nbsp; 51708 | &nbsp;&nbsp;&nbsp; 25,991,026<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Block Inc. | &nbsp;&nbsp; 15568 | &nbsp;&nbsp;&nbsp; 1,013,321<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Corebridge Financial Inc. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 218069<br>|
| &nbsp;&nbsp;&nbsp; Corpay Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 501,951<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Equitable Holdings Inc. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 397401<br>|
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services Inc. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 997698<br>|
| &nbsp;&nbsp;&nbsp; Fiserv Inc. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 1,008,356<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Global Payments Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 516413<br>|
| &nbsp;&nbsp;&nbsp; Mastercard Inc., Class A Shares | &nbsp;&nbsp; 23352 | &nbsp;&nbsp;&nbsp; 13331190<br>|
| &nbsp;&nbsp;&nbsp; PayPal Holdings Inc. | &nbsp;&nbsp; 26688 | &nbsp;&nbsp;&nbsp; 1558045<br>|
| &nbsp;&nbsp;&nbsp; Visa Inc., Class A Shares | &nbsp;&nbsp; 47816 | &nbsp;&nbsp;&nbsp; 16769549<br>|
| *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *63993237* |
| *Insurance — 1.8%* | *Insurance — 1.8%* | *Insurance — 1.8%* |
| &nbsp;&nbsp;&nbsp; Aflac Inc. | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 1471443<br>|
| &nbsp;&nbsp;&nbsp; Allstate Corp. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 1504508<br>|
| &nbsp;&nbsp;&nbsp; American International Group Inc. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 1284277<br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Insurance — continued* | *Insurance — continued* | *Insurance — continued* |
| &nbsp;&nbsp;&nbsp; Aon PLC, Class A Shares | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; $2158214<br>|
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd. | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; 1,013,299<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 1870534<br>|
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 620385<br>|
| &nbsp;&nbsp;&nbsp; Chubb Ltd. | &nbsp;&nbsp; 10560 | &nbsp;&nbsp;&nbsp; 3295987<br>|
| &nbsp;&nbsp;&nbsp; Cincinnati Financial Corp. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 726447<br>|
| &nbsp;&nbsp;&nbsp; F&G Annuities & Life Inc. | &nbsp;&nbsp; 432 | &nbsp;&nbsp;&nbsp; 13327<br>|
| &nbsp;&nbsp;&nbsp; Fidelity National Financial Inc. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 394577<br>|
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 1072635<br>|
| &nbsp;&nbsp;&nbsp; Loews Corp. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 526971<br>|
| &nbsp;&nbsp;&nbsp; Markel Group Inc. | &nbsp;&nbsp; 343 | &nbsp;&nbsp;&nbsp; 737,330<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos. Inc. | &nbsp;&nbsp; 13900 | &nbsp;&nbsp;&nbsp; 2578728<br>|
| &nbsp;&nbsp;&nbsp; MetLife Inc. | &nbsp;&nbsp; 15568 | &nbsp;&nbsp;&nbsp; 1228938<br>|
| &nbsp;&nbsp;&nbsp; Principal Financial Group Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 539492<br>|
| &nbsp;&nbsp;&nbsp; Progressive Corp. | &nbsp;&nbsp; 16680 | &nbsp;&nbsp;&nbsp; 3798370<br>|
| &nbsp;&nbsp;&nbsp; Prudential Financial Inc. | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 1129703<br>|
| &nbsp;&nbsp;&nbsp; Travelers Cos. Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1774007<br>|
| &nbsp;&nbsp;&nbsp; Willis Towers Watson PLC | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 913508<br>|
| &nbsp;&nbsp;&nbsp; WR Berkley Corp. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 584801<br>|
| *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *29237481* |
| *Mortgage Real Estate Investment Trusts (REITs) — 0.0%††* | *Mortgage Real Estate Investment Trusts (REITs) — 0.0%††* | *Mortgage Real Estate Investment Trusts (REITs) — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management Inc. | &nbsp;&nbsp; 19460 | &nbsp;&nbsp;&nbsp; *435125*<br>|
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **222410463** |
| **Health Care — 9.6%** | **Health Care — 9.6%** | **Health Care — 9.6%** |
| *Biotechnology — 1.8%* | *Biotechnology — 1.8%* | *Biotechnology — 1.8%* |
| &nbsp;&nbsp;&nbsp; AbbVie Inc. | &nbsp;&nbsp; 49484 | &nbsp;&nbsp;&nbsp; 11306599<br>|
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 1,326,560<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Amgen Inc. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 4913578<br>|
| &nbsp;&nbsp;&nbsp; Biogen Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 684,953<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc. | &nbsp;&nbsp; 35028 | &nbsp;&nbsp;&nbsp; 4299337<br>|
| &nbsp;&nbsp;&nbsp; Incyte Corp. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 439,329<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Insmed Inc. | &nbsp;&nbsp; 6102 | &nbsp;&nbsp;&nbsp; 1,061,992<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 2145799<br>|
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 3,276,886<br> \*<br>|
| *Total Biotechnology* | *Total Biotechnology* | &nbsp;&nbsp; *29455033* |
| *Health Care Equipment & Supplies — 2.0%* | *Health Care Equipment & Supplies — 2.0%* | *Health Care Equipment & Supplies — 2.0%* |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp; 48928 | &nbsp;&nbsp;&nbsp; 6130189<br>|
| &nbsp;&nbsp;&nbsp; Becton Dickinson & Co. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 1618544<br>|
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp. | &nbsp;&nbsp; 41700 | &nbsp;&nbsp;&nbsp; 3,976,095<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Cooper Cos. Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 455,697<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Dexcom Inc. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 738,034<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp. | &nbsp;&nbsp; 16680 | &nbsp;&nbsp;&nbsp; 1,421,970<br> \*<br>|
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies Inc. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 1048872<br>|
| &nbsp;&nbsp;&nbsp; Hologic Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 455,581<br> \*<br>|
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 1,504,603<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Insulet Corp. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 632,150<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc. | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 5,668,131<br> \*<br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Health Care Equipment & Supplies — continued* | *Health Care Equipment & Supplies — continued* | *Health Care Equipment & Supplies — continued* |
| &nbsp;&nbsp;&nbsp; Medtronic PLC | &nbsp;&nbsp; 36140 | &nbsp;&nbsp;&nbsp; $3471608<br>|
| &nbsp;&nbsp;&nbsp; ResMed Inc. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 1071390<br>|
| &nbsp;&nbsp;&nbsp; STERIS PLC | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 704785<br>|
| &nbsp;&nbsp;&nbsp; Stryker Corp. | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 3517512<br>|
| &nbsp;&nbsp;&nbsp; Zimmer Biomet Holdings Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 499955<br>|
| *Total Health Care Equipment & Supplies* | *Total Health Care Equipment & Supplies* | &nbsp;&nbsp; *32915116* |
| *Health Care Providers & Services — 1.5%* | *Health Care Providers & Services — 1.5%* | *Health Care Providers & Services — 1.5%* |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 1371096<br>|
| &nbsp;&nbsp;&nbsp; Cencora Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 1690101<br>|
| &nbsp;&nbsp;&nbsp; Centene Corp. | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 549,106<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Cigna Group | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 1989362<br>|
| &nbsp;&nbsp;&nbsp; CVS Health Corp. | &nbsp;&nbsp; 35584 | &nbsp;&nbsp;&nbsp; 2823946<br>|
| &nbsp;&nbsp;&nbsp; Elevance Health Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 2143964<br>|
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 2076593<br>|
| &nbsp;&nbsp;&nbsp; Humana Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 854450<br>|
| &nbsp;&nbsp;&nbsp; Labcorp Holdings Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 557957<br>|
| &nbsp;&nbsp;&nbsp; McKesson Corp. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 2736488<br>|
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 578896<br>|
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc. | &nbsp;&nbsp; 25576 | &nbsp;&nbsp;&nbsp; 8442893<br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *25814852* |
| *Health Care Technology — 0.1%* | *Health Care Technology — 0.1%* | *Health Care Technology — 0.1%* |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc., Class A Shares | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; *992,927*<br> \*<br>|
| *Life Sciences Tools & Services — 0.9%* | *Life Sciences Tools & Services — 0.9%* | *Life Sciences Tools & Services — 0.9%* |
| &nbsp;&nbsp;&nbsp; Agilent Technologies Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 1059169<br>|
| &nbsp;&nbsp;&nbsp; Danaher Corp. | &nbsp;&nbsp; 18348 | &nbsp;&nbsp;&nbsp; 4200224<br>|
| &nbsp;&nbsp;&nbsp; Illumina Inc. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 583,400<br> \*<br>|
| &nbsp;&nbsp;&nbsp; IQVIA Holdings Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 1,127,952<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc. | &nbsp;&nbsp; 556 | &nbsp;&nbsp;&nbsp; 775,170<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc. | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; 6121310<br>|
| &nbsp;&nbsp;&nbsp; Waters Corp. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 633,556<br> \*<br>|
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 611911<br>|
| *Total Life Sciences Tools & Services* | *Total Life Sciences Tools & Services* | &nbsp;&nbsp; *15112692* |
| *Pharmaceuticals — 3.3%* | *Pharmaceuticals — 3.3%* | *Pharmaceuticals — 3.3%* |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co. | &nbsp;&nbsp; 57268 | &nbsp;&nbsp;&nbsp; 3089036<br>|
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | &nbsp;&nbsp; 22540 | &nbsp;&nbsp;&nbsp; 24223287<br>|
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp; 67832 | &nbsp;&nbsp;&nbsp; 14037832<br>|
| &nbsp;&nbsp;&nbsp; Merck & Co. Inc. | &nbsp;&nbsp; 70056 | &nbsp;&nbsp;&nbsp; 7374095<br>|
| &nbsp;&nbsp;&nbsp; Pfizer Inc. | &nbsp;&nbsp; 159572 | &nbsp;&nbsp;&nbsp; 3973343<br>|
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC, Class A Shares | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 386709<br>|
| &nbsp;&nbsp;&nbsp; Zoetis Inc. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 1608986<br>|
| *Total Pharmaceuticals* | *Total Pharmaceuticals* | &nbsp;&nbsp; *54693288* |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **158983908** |
| **Industrials — 8.2%** | **Industrials — 8.2%** | **Industrials — 8.2%** |
| *Aerospace & Defense — 2.2%* | *Aerospace & Defense — 2.2%* | *Aerospace & Defense — 2.2%* |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 1,263,076<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Boeing Co. | &nbsp;&nbsp; 21684 | &nbsp;&nbsp;&nbsp; 4,708,030<br> \*<br>|
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 2246196<br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Aerospace & Defense — continued* | *Aerospace & Defense — continued* | *Aerospace & Defense — continued* |
| &nbsp;&nbsp;&nbsp; General Electric Co. | &nbsp;&nbsp; 30024 | &nbsp;&nbsp;&nbsp; $9248293<br>|
| &nbsp;&nbsp;&nbsp; HEICO Corp. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 359832<br>|
| &nbsp;&nbsp;&nbsp; HEICO Corp., Class A Shares | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 561404<br>|
| &nbsp;&nbsp;&nbsp; Howmet Aerospace Inc. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 2279822<br>|
| &nbsp;&nbsp;&nbsp; L3Harris Technologies Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 1469024<br>|
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 2689205<br>|
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 2219257<br>|
| &nbsp;&nbsp;&nbsp; Rocket Lab Corp. | &nbsp;&nbsp; 11652 | &nbsp;&nbsp;&nbsp; 812,844<br> \*<br>|
| &nbsp;&nbsp;&nbsp; RTX Corp. | &nbsp;&nbsp; 37808 | &nbsp;&nbsp;&nbsp; 6933987<br>|
| &nbsp;&nbsp;&nbsp; Textron Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 436199<br>|
| &nbsp;&nbsp;&nbsp; TransDigm Group Inc. | &nbsp;&nbsp; 1436 | &nbsp;&nbsp;&nbsp; 1909665<br>|
| *Total Aerospace & Defense* | *Total Aerospace & Defense* | &nbsp;&nbsp; *37136834* |
| *Air Freight & Logistics — 0.3%* | *Air Freight & Logistics — 0.3%* | *Air Freight & Logistics — 0.3%* |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 579947<br>|
| &nbsp;&nbsp;&nbsp; FedEx Corp. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1766668<br>|
| &nbsp;&nbsp;&nbsp; United Parcel Service Inc., Class B Shares | &nbsp;&nbsp; 20572 | &nbsp;&nbsp;&nbsp; 2040536<br>|
| *Total Air Freight & Logistics* | *Total Air Freight & Logistics* | &nbsp;&nbsp; *4387151* |
| *Building Products — 0.4%* | *Building Products — 0.4%* | *Building Products — 0.4%* |
| &nbsp;&nbsp;&nbsp; Allegion PLC | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 354105<br>|
| &nbsp;&nbsp;&nbsp; Carrier Global Corp. | &nbsp;&nbsp; 22240 | &nbsp;&nbsp;&nbsp; 1175162<br>|
| &nbsp;&nbsp;&nbsp; Johnson Controls International PLC | &nbsp;&nbsp; 17236 | &nbsp;&nbsp;&nbsp; 2064011<br>|
| &nbsp;&nbsp;&nbsp; Lennox International Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 539965<br>|
| &nbsp;&nbsp;&nbsp; Masco Corp. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 388121<br>|
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 2380347<br>|
| *Total Building Products* | *Total Building Products* | &nbsp;&nbsp; *6901711* |
| *Commercial Services & Supplies — 0.4%* | *Commercial Services & Supplies — 0.4%* | *Commercial Services & Supplies — 0.4%* |
| &nbsp;&nbsp;&nbsp; Cintas Corp. | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 1882205<br>|
| &nbsp;&nbsp;&nbsp; Copart Inc. | &nbsp;&nbsp; 23908 | &nbsp;&nbsp;&nbsp; 935,998<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Republic Services Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 1178331<br>|
| &nbsp;&nbsp;&nbsp; Rollins Inc. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 500567<br>|
| &nbsp;&nbsp;&nbsp; Veralto Corp. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 665732<br>|
| &nbsp;&nbsp;&nbsp; Waste Management Inc. | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; 2321016<br>|
| *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | &nbsp;&nbsp; *7483849* |
| *Construction & Engineering — 0.2%* | *Construction & Engineering — 0.2%* | *Construction & Engineering — 0.2%* |
| &nbsp;&nbsp;&nbsp; Comfort Systems USA Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 1037819<br>|
| &nbsp;&nbsp;&nbsp; EMCOR Group Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 680310<br>|
| &nbsp;&nbsp;&nbsp; Quanta Services Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 1642658<br>|
| *Total Construction & Engineering* | *Total Construction & Engineering* | &nbsp;&nbsp; *3360787* |
| *Electrical Equipment — 1.0%* | *Electrical Equipment — 1.0%* | *Electrical Equipment — 1.0%* |
| &nbsp;&nbsp;&nbsp; AMETEK Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 1369828<br>|
| &nbsp;&nbsp;&nbsp; Bloom Energy Corp., Class A Shares | &nbsp;&nbsp; 6102 | &nbsp;&nbsp;&nbsp; 530,203<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Eaton Corp. PLC | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 3541831<br>|
| &nbsp;&nbsp;&nbsp; Emerson Electric Co. | &nbsp;&nbsp; 16124 | &nbsp;&nbsp;&nbsp; 2139977<br>|
| &nbsp;&nbsp;&nbsp; GE Vernova Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 5087389<br>|
| &nbsp;&nbsp;&nbsp; Hubbell Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 740775<br>|
| &nbsp;&nbsp;&nbsp; Rockwell Automation Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 1297938<br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Electrical Equipment — continued* | *Electrical Equipment — continued* | *Electrical Equipment — continued* |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co., Class A Shares | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; $1711474<br>|
| *Total Electrical Equipment* | *Total Electrical Equipment* | &nbsp;&nbsp; *16419415* |
| *Ground Transportation — 0.8%* | *Ground Transportation — 0.8%* | *Ground Transportation — 0.8%* |
| &nbsp;&nbsp;&nbsp; CSX Corp. | &nbsp;&nbsp; 52820 | &nbsp;&nbsp;&nbsp; 1914725<br>|
| &nbsp;&nbsp;&nbsp; J.B. Hunt Transport Services Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 432212<br>|
| &nbsp;&nbsp;&nbsp; Norfolk Southern Corp. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1765812<br>|
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 784627<br>|
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc. | &nbsp;&nbsp; 56712 | &nbsp;&nbsp;&nbsp; 4,633,937<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Union Pacific Corp. | &nbsp;&nbsp; 16680 | &nbsp;&nbsp;&nbsp; 3858418<br>|
| *Total Ground Transportation* | *Total Ground Transportation* | &nbsp;&nbsp; *13389731* |
| *Industrial Conglomerates — 0.4%* | *Industrial Conglomerates — 0.4%* | *Industrial Conglomerates — 0.4%* |
| &nbsp;&nbsp;&nbsp; 3M Co. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 2403421<br>|
| &nbsp;&nbsp;&nbsp; Honeywell International Inc. | &nbsp;&nbsp; 17792 | &nbsp;&nbsp;&nbsp; 3471042<br>|
| *Total Industrial Conglomerates* | *Total Industrial Conglomerates* | &nbsp;&nbsp; *5874463* |
| *Machinery — 1.5%* | *Machinery — 1.5%* | *Machinery — 1.5%* |
| &nbsp;&nbsp;&nbsp; Caterpillar Inc. | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 7644377<br>|
| &nbsp;&nbsp;&nbsp; Cummins Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 1986671<br>|
| &nbsp;&nbsp;&nbsp; Deere & Co. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 3365140<br>|
| &nbsp;&nbsp;&nbsp; Dover Corp. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 759874<br>|
| &nbsp;&nbsp;&nbsp; Fortive Corp. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 491148<br>|
| &nbsp;&nbsp;&nbsp; Illinois Tool Works Inc. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 2054142<br>|
| &nbsp;&nbsp;&nbsp; Ingersoll Rand Inc. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 880926<br>|
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 971332<br>|
| &nbsp;&nbsp;&nbsp; PACCAR Inc. | &nbsp;&nbsp; 14456 | &nbsp;&nbsp;&nbsp; 1583077<br>|
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 2932211<br>|
| &nbsp;&nbsp;&nbsp; Pentair PLC | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 463215<br>|
| &nbsp;&nbsp;&nbsp; Snap-on Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 574793<br>|
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 1068104<br>|
| &nbsp;&nbsp;&nbsp; Xylem Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 908593<br>|
| *Total Machinery* | *Total Machinery* | &nbsp;&nbsp; *25683603* |
| *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* | *Passenger Airlines — 0.2%* |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Inc. | &nbsp;&nbsp; 18348 | &nbsp;&nbsp;&nbsp; 1273351<br>|
| &nbsp;&nbsp;&nbsp; Southwest Airlines Co. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 528528<br>|
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc. | &nbsp;&nbsp; 9452 | &nbsp;&nbsp;&nbsp; 1,056,923<br> \*<br>|
| *Total Passenger Airlines* | *Total Passenger Airlines* | &nbsp;&nbsp; *2858802* |
| *Professional Services — 0.5%* | *Professional Services — 0.5%* | *Professional Services — 0.5%* |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 2860398<br>|
| &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 744495<br>|
| &nbsp;&nbsp;&nbsp; Equifax Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 723845<br>|
| &nbsp;&nbsp;&nbsp; Jacobs Solutions Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 441887<br>|
| &nbsp;&nbsp;&nbsp; Leidos Holdings Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 601814<br>|
| &nbsp;&nbsp;&nbsp; Paychex Inc. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 997953<br>|
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 534661<br>|
| &nbsp;&nbsp;&nbsp; TransUnion | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 476770<br>|
| &nbsp;&nbsp;&nbsp; Verisk Analytics Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 870601<br>|
| *Total Professional Services* | *Total Professional Services* | &nbsp;&nbsp; *8252424* |

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Trading Companies & Distributors — 0.3%* | *Trading Companies & Distributors — 0.3%* | *Trading Companies & Distributors — 0.3%* |
| &nbsp;&nbsp;&nbsp; Fastenal Co. | &nbsp;&nbsp; 32248 | &nbsp;&nbsp;&nbsp; $1294112<br>|
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 1237823<br>|
| &nbsp;&nbsp;&nbsp; United Rentals Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 1349946<br>|
| &nbsp;&nbsp;&nbsp; W.W. Grainger Inc. | &nbsp;&nbsp; 1247 | &nbsp;&nbsp;&nbsp; 1258285<br>|
| &nbsp;&nbsp;&nbsp; Watsco Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 374689<br>|
| *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | &nbsp;&nbsp; *5514855* |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **137263625** |
| **Information Technology — 34.4%** | **Information Technology — 34.4%** | **Information Technology — 34.4%** |
| *Communications Equipment — 0.8%* | *Communications Equipment — 0.8%* | *Communications Equipment — 0.8%* |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc. | &nbsp;&nbsp; 28912 | &nbsp;&nbsp;&nbsp; 3,788,339<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc. | &nbsp;&nbsp; 111756 | &nbsp;&nbsp;&nbsp; 8608565<br>|
| &nbsp;&nbsp;&nbsp; F5 Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 425,774<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 1705007<br>|
| *Total Communications Equipment* | *Total Communications Equipment* | &nbsp;&nbsp; *14527685* |
| *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* |
| &nbsp;&nbsp;&nbsp; Amphenol Corp., Class A Shares | &nbsp;&nbsp; 34472 | &nbsp;&nbsp;&nbsp; 4658546<br>|
| &nbsp;&nbsp;&nbsp; CDW Corp. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 530090<br>|
| &nbsp;&nbsp;&nbsp; Corning Inc. | &nbsp;&nbsp; 21128 | &nbsp;&nbsp;&nbsp; 1849968<br>|
| &nbsp;&nbsp;&nbsp; Flex Ltd. | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 604,683<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc. | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 1,016,763<br> \*<br>|
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 1897433<br>|
| &nbsp;&nbsp;&nbsp; Teledyne Technologies Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 567,932<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp., Class A Shares | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 405,024<br> \*<br>|
| *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | &nbsp;&nbsp; *11530439* |
| *IT Services — 1.3%* | *IT Services — 1.3%* | *IT Services — 1.3%* |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Class A Shares | &nbsp;&nbsp; 17236 | &nbsp;&nbsp;&nbsp; 4624419<br>|
| &nbsp;&nbsp;&nbsp; Cloudflare Inc., Class A Shares | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 1,753,846<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., Class A Shares | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 1107552<br>|
| &nbsp;&nbsp;&nbsp; CoreWeave Inc., Class A Shares | &nbsp;&nbsp; 7212 | &nbsp;&nbsp;&nbsp; 516,451<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Gartner Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 561,071<br> \*<br>|
| &nbsp;&nbsp;&nbsp; GoDaddy Inc., Class A Shares | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 482,919<br> \*<br>|
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. | &nbsp;&nbsp; 26132 | &nbsp;&nbsp;&nbsp; 7740560<br>|
| &nbsp;&nbsp;&nbsp; MongoDB Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 933,390<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Okta Inc. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 384,619<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Snowflake Inc., Class A Shares | &nbsp;&nbsp; 9452 | &nbsp;&nbsp;&nbsp; 2,073,391<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Twilio Inc., Class A Shares | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 553,598<br> \*<br>|
| &nbsp;&nbsp;&nbsp; VeriSign Inc. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 540321<br>|
| *Total IT Services* | *Total IT Services* | &nbsp;&nbsp; *21272137* |
| *Semiconductors & Semiconductor Equipment — 13.9%* | *Semiconductors & Semiconductor Equipment — 13.9%* | *Semiconductors & Semiconductor Equipment — 13.9%* |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices Inc. | &nbsp;&nbsp; 45592 | &nbsp;&nbsp;&nbsp; 9,763,983<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Analog Devices Inc. | &nbsp;&nbsp; 13900 | &nbsp;&nbsp;&nbsp; 3769680<br>|
| &nbsp;&nbsp;&nbsp; Applied Materials Inc. | &nbsp;&nbsp; 22796 | &nbsp;&nbsp;&nbsp; 5858344<br>|
| &nbsp;&nbsp;&nbsp; Astera Labs Inc. | &nbsp;&nbsp; 3882 | &nbsp;&nbsp;&nbsp; 645,810<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Broadcom Inc. | &nbsp;&nbsp; 130104 | &nbsp;&nbsp;&nbsp; 45028994<br>|
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd. | &nbsp;&nbsp; 4437 | &nbsp;&nbsp;&nbsp; 638,440<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Entegris Inc. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 374744<br>|
| &nbsp;&nbsp;&nbsp; First Solar Inc. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 726,219<br> \*<br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Semiconductors & Semiconductor Equipment — continued* | *Semiconductors & Semiconductor Equipment — continued* | *Semiconductors & Semiconductor Equipment — continued* |
| &nbsp;&nbsp;&nbsp; Intel Corp. | &nbsp;&nbsp; 122320 | &nbsp;&nbsp;&nbsp; $4,513,608<br> \*<br>|
| &nbsp;&nbsp;&nbsp; KLA Corp. | &nbsp;&nbsp; 3729 | &nbsp;&nbsp;&nbsp; 4531033<br>|
| &nbsp;&nbsp;&nbsp; Lam Research Corp. | &nbsp;&nbsp; 35584 | &nbsp;&nbsp;&nbsp; 6091269<br>|
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc. | &nbsp;&nbsp; 24464 | &nbsp;&nbsp;&nbsp; 2078951<br>|
| &nbsp;&nbsp;&nbsp; Microchip Technology Inc. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 956565<br>|
| &nbsp;&nbsp;&nbsp; Micron Technology Inc. | &nbsp;&nbsp; 31692 | &nbsp;&nbsp;&nbsp; 9045214<br>|
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 1007872<br>|
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | &nbsp;&nbsp; 662196 | &nbsp;&nbsp;&nbsp; 123499554<br>|
| &nbsp;&nbsp;&nbsp; NXP Semiconductors NV | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 1448224<br>|
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 602,148<br> \*<br>|
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc. | &nbsp;&nbsp; 30580 | &nbsp;&nbsp;&nbsp; 5230709<br>|
| &nbsp;&nbsp;&nbsp; Teradyne Inc. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 860955<br>|
| &nbsp;&nbsp;&nbsp; Texas Instruments Inc. | &nbsp;&nbsp; 25576 | &nbsp;&nbsp;&nbsp; 4437180<br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *231109496* |
| *Software — 10.4%* | *Software — 10.4%* | *Software — 10.4%* |
| &nbsp;&nbsp;&nbsp; Adobe Inc. | &nbsp;&nbsp; 11676 | &nbsp;&nbsp;&nbsp; 4,086,483<br> \*<br>|
| &nbsp;&nbsp;&nbsp; AppLovin Corp., Class A Shares | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 4,121,083<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Atlassian Corp., Class A Shares | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 721,199<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Autodesk Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1,810,397<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Bentley Systems Inc., Class B Shares | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 148538<br>|
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 2,433,123<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Circle Internet Group Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 88,182<br> \*<br>|
| &nbsp;&nbsp;&nbsp; CrowdStrike Holdings Inc., Class A Shares | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 3,127,567<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Datadog Inc., Class A Shares | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 1,209,767<br> \*<br>|
| &nbsp;&nbsp;&nbsp; DocuSign Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 380,304<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Dynatrace Inc. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 361,456<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp. | &nbsp;&nbsp; 653 | &nbsp;&nbsp;&nbsp; 1,103,975<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Fortinet Inc. | &nbsp;&nbsp; 17792 | &nbsp;&nbsp;&nbsp; 1,412,863<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Gen Digital Inc. | &nbsp;&nbsp; 16124 | &nbsp;&nbsp;&nbsp; 438412<br>|
| &nbsp;&nbsp;&nbsp; HubSpot Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 669,368<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Intuit Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 5156277<br>|
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp; 209612 | &nbsp;&nbsp;&nbsp; 101372555<br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp; 47260 | &nbsp;&nbsp;&nbsp; 9211447<br>|
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc., Class A Shares | &nbsp;&nbsp; 61716 | &nbsp;&nbsp;&nbsp; 10,970,019<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc. | &nbsp;&nbsp; 19460 | &nbsp;&nbsp;&nbsp; 3,584,532<br> \*<br>|
| &nbsp;&nbsp;&nbsp; PTC Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 581,165<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 1237461<br>|
| &nbsp;&nbsp;&nbsp; Salesforce Inc. | &nbsp;&nbsp; 26132 | &nbsp;&nbsp;&nbsp; 6922628<br>|
| &nbsp;&nbsp;&nbsp; ServiceNow Inc. | &nbsp;&nbsp; 29216 | &nbsp;&nbsp;&nbsp; 4,475,599<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Strategy Inc. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 1,182,779<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Synopsys Inc. | &nbsp;&nbsp; 5171 | &nbsp;&nbsp;&nbsp; 2,428,922<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Trimble Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 522,751<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Tyler Technologies Inc. | &nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; 504,792<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Workday Inc., Class A Shares | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1,313,594<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Zoom Communications Inc., Class A Shares | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 575,727<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Zscaler Inc. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 625,278<br> \*<br>|
| *Total Software* | *Total Software* | &nbsp;&nbsp; *172778243* |

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Technology Hardware, Storage & Peripherals — 7.3%* | *Technology Hardware, Storage & Peripherals — 7.3%* | *Technology Hardware, Storage & Peripherals — 7.3%* |
| &nbsp;&nbsp;&nbsp; Apple Inc. | &nbsp;&nbsp; 418112 | &nbsp;&nbsp;&nbsp; $113667928<br>|
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc., Class C Shares | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 1119829<br>|
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. | &nbsp;&nbsp; 37252 | &nbsp;&nbsp;&nbsp; 894793<br>|
| &nbsp;&nbsp;&nbsp; HP Inc. | &nbsp;&nbsp; 26688 | &nbsp;&nbsp;&nbsp; 594609<br>|
| &nbsp;&nbsp;&nbsp; NetApp Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 595420<br>|
| &nbsp;&nbsp;&nbsp; Pure Storage Inc., Class A Shares | &nbsp;&nbsp; 8877 | &nbsp;&nbsp;&nbsp; 594,848<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings PLC | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 1531169<br>|
| &nbsp;&nbsp;&nbsp; Super Micro Computer Inc. | &nbsp;&nbsp; 15012 | &nbsp;&nbsp;&nbsp; 439,401<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Western Digital Corp. | &nbsp;&nbsp; 9452 | &nbsp;&nbsp;&nbsp; 1628296<br>|
| *Total Technology Hardware, Storage & Peripherals* | *Total Technology Hardware, Storage & Peripherals* | &nbsp;&nbsp; *121066293* |
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **572284293** |
| **Materials — 1.8%** | **Materials — 1.8%** | **Materials — 1.8%** |
| *Chemicals — 0.9%* | *Chemicals — 0.9%* | *Chemicals — 0.9%* |
| &nbsp;&nbsp;&nbsp; Air Products & Chemicals Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 1510774<br>|
| &nbsp;&nbsp;&nbsp; Corteva Inc. | &nbsp;&nbsp; 19460 | &nbsp;&nbsp;&nbsp; 1304404<br>|
| &nbsp;&nbsp;&nbsp; Dow Inc. | &nbsp;&nbsp; 19460 | &nbsp;&nbsp;&nbsp; 454975<br>|
| &nbsp;&nbsp;&nbsp; DuPont de Nemours Inc. | &nbsp;&nbsp; 11676 | &nbsp;&nbsp;&nbsp; 469375<br>|
| &nbsp;&nbsp;&nbsp; Ecolab Inc. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 1897495<br>|
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances Inc. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 487095<br>|
| &nbsp;&nbsp;&nbsp; Linde PLC | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 5689748<br>|
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Class A Shares | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; 312973<br>|
| &nbsp;&nbsp;&nbsp; PhosAgro PJSC | &nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; PhosAgro PJSC, Russian Stock Exchange | &nbsp;&nbsp; 73 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; PPG Industries Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; 626645<br>|
| &nbsp;&nbsp;&nbsp; Sherwin-Williams Co. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 2161928<br>|
| *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *14915412* |
| *Construction Materials — 0.3%* | *Construction Materials — 0.3%* | *Construction Materials — 0.3%* |
| &nbsp;&nbsp;&nbsp; CRH PLC | &nbsp;&nbsp; 18904 | &nbsp;&nbsp;&nbsp; 2359219<br>|
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 1038597<br>|
| &nbsp;&nbsp;&nbsp; Vulcan Materials Co. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 1110076<br>|
| *Total Construction Materials* | *Total Construction Materials* | &nbsp;&nbsp; *4507892* |
| *Containers & Packaging — 0.2%* | *Containers & Packaging — 0.2%* | *Containers & Packaging — 0.2%* |
| &nbsp;&nbsp;&nbsp; Amcor PLC | &nbsp;&nbsp; 63940 | &nbsp;&nbsp;&nbsp; 533260<br>|
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp. | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 404501<br>|
| &nbsp;&nbsp;&nbsp; International Paper Co. | &nbsp;&nbsp; 14456 | &nbsp;&nbsp;&nbsp; 569422<br>|
| &nbsp;&nbsp;&nbsp; Packaging Corp. of America | &nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp; 458655<br>|
| &nbsp;&nbsp;&nbsp; Smurfit WestRock PLC | &nbsp;&nbsp; 14456 | &nbsp;&nbsp;&nbsp; 559013<br>|
| *Total Containers & Packaging* | *Total Containers & Packaging* | &nbsp;&nbsp; *2524851* |
| *Metals & Mining — 0.4%* | *Metals & Mining — 0.4%* | *Metals & Mining — 0.4%* |
| &nbsp;&nbsp;&nbsp; Alrosa PJSC | &nbsp;&nbsp; 3584 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc. | &nbsp;&nbsp; 40588 | &nbsp;&nbsp;&nbsp; 2061465<br>|
| &nbsp;&nbsp;&nbsp; GMK Norilskiy Nickel PAO | &nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Newmont Corp. | &nbsp;&nbsp; 31136 | &nbsp;&nbsp;&nbsp; 3108930<br>|
| &nbsp;&nbsp;&nbsp; Novolipetsk Steel PJSC | &nbsp;&nbsp; 2272 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nucor Corp. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 1088270<br>|
| &nbsp;&nbsp;&nbsp; Polyus PJSC | &nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Severstal PAO | &nbsp;&nbsp; 392 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | |
|:---|:---|:---|
| Security | Shares | Value |
| *Metals & Mining — continued* | *Metals & Mining — continued* | *Metals & Mining — continued* |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp. | &nbsp;&nbsp; 2822 | &nbsp;&nbsp;&nbsp; $404872<br>|
| &nbsp;&nbsp;&nbsp; Steel Dynamics Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 659499<br>|
| &nbsp;&nbsp;&nbsp; United Co. RUSAL International PJSC | &nbsp;&nbsp; 1714 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| *Total Metals & Mining* | *Total Metals & Mining* | &nbsp;&nbsp; *7323036* |
| **Total Materials** | **Total Materials** | &nbsp;&nbsp; **29271191** |
| **Real Estate — 1.7%** | **Real Estate — 1.7%** | **Real Estate — 1.7%** |
| *Diversified REITs — 0.0%††* | *Diversified REITs — 0.0%††* | *Diversified REITs — 0.0%††* |
| &nbsp;&nbsp;&nbsp; WP Carey Inc. | &nbsp;&nbsp; 6116 | &nbsp;&nbsp;&nbsp; *393626*<br>|
| *Health Care REITs — 0.3%* | *Health Care REITs — 0.3%* | *Health Care REITs — 0.3%* |
| &nbsp;&nbsp;&nbsp; Ventas Inc. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 989535<br>|
| &nbsp;&nbsp;&nbsp; Welltower Inc. | &nbsp;&nbsp; 19460 | &nbsp;&nbsp;&nbsp; 3611971<br>|
| *Total Health Care REITs* | *Total Health Care REITs* | &nbsp;&nbsp; *4601506* |
| *Industrial REITs — 0.2%* | *Industrial REITs — 0.2%* | *Industrial REITs — 0.2%* |
| &nbsp;&nbsp;&nbsp; Prologis Inc. | &nbsp;&nbsp; 26132 | &nbsp;&nbsp;&nbsp; *3336011*<br>|
| *Real Estate Management & Development — 0.1%* | *Real Estate Management & Development — 0.1%* | *Real Estate Management & Development — 0.1%* |
| &nbsp;&nbsp;&nbsp; CBRE Group Inc., Class A Shares | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 1,340,988<br> \*<br>|
| &nbsp;&nbsp;&nbsp; CoStar Group Inc. | &nbsp;&nbsp; 11120 | &nbsp;&nbsp;&nbsp; 747,709<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Zillow Group Inc., Class A Shares | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 113,808<br> \*<br>|
| &nbsp;&nbsp;&nbsp; Zillow Group Inc., Class C Shares | &nbsp;&nbsp; 5004 | &nbsp;&nbsp;&nbsp; 341,373<br> \*<br>|
| *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | &nbsp;&nbsp; *2543878* |
| *Residential REITs — 0.2%* | *Residential REITs — 0.2%* | *Residential REITs — 0.2%* |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities Inc. | &nbsp;&nbsp; 3892 | &nbsp;&nbsp;&nbsp; 705658<br>|
| &nbsp;&nbsp;&nbsp; Equity Residential | &nbsp;&nbsp; 9452 | &nbsp;&nbsp;&nbsp; 595854<br>|
| &nbsp;&nbsp;&nbsp; Essex Property Trust Inc. | &nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; 436482<br>|
| &nbsp;&nbsp;&nbsp; Invitation Homes Inc. | &nbsp;&nbsp; 15568 | &nbsp;&nbsp;&nbsp; 432635<br>|
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 463404<br>|
| &nbsp;&nbsp;&nbsp; Sun Communities Inc. | &nbsp;&nbsp; 3336 | &nbsp;&nbsp;&nbsp; 413364<br>|
| *Total Residential REITs* | *Total Residential REITs* | &nbsp;&nbsp; *3047397* |
| *Retail REITs — 0.2%* | *Retail REITs — 0.2%* | *Retail REITs — 0.2%* |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp. | &nbsp;&nbsp; 18904 | &nbsp;&nbsp;&nbsp; 383184<br>|
| &nbsp;&nbsp;&nbsp; Realty Income Corp. | &nbsp;&nbsp; 25020 | &nbsp;&nbsp;&nbsp; 1410377<br>|
| &nbsp;&nbsp;&nbsp; Simon Property Group Inc. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 1646739<br>|
| *Total Retail REITs* | *Total Retail REITs* | &nbsp;&nbsp; *3440300* |
| *Specialized REITs — 0.7%* | *Specialized REITs — 0.7%* | *Specialized REITs — 0.7%* |
| &nbsp;&nbsp;&nbsp; American Tower Corp. | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 2342806<br>|
| &nbsp;&nbsp;&nbsp; Crown Castle Inc. | &nbsp;&nbsp; 11676 | &nbsp;&nbsp;&nbsp; 1037646<br>|
| &nbsp;&nbsp;&nbsp; Digital Realty Trust Inc. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 1376300<br>|
| &nbsp;&nbsp;&nbsp; Equinix Inc. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 2129925<br>|
| &nbsp;&nbsp;&nbsp; Extra Space Storage Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 724023<br>|
| &nbsp;&nbsp;&nbsp; Iron Mountain Inc. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 691803<br>|
| &nbsp;&nbsp;&nbsp; Public Storage | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; 1154256<br>|
| &nbsp;&nbsp;&nbsp; SBA Communications Corp. | &nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; 537736<br>|
| &nbsp;&nbsp;&nbsp; VICI Properties Inc. | &nbsp;&nbsp; 29468 | &nbsp;&nbsp;&nbsp; 828640<br>|
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co. | &nbsp;&nbsp; 19460 | &nbsp;&nbsp;&nbsp; 461007<br>|
| *Total Specialized REITs* | *Total Specialized REITs* | &nbsp;&nbsp; *11284142* |
| **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **28646860** |

---

See Notes to Schedule of Investments.

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Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

December 31, 2025

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | | |
|:---|:---|:---|:---|
| Security |  | Shares | Value |
| **Utilities — 2.2%** | **Utilities — 2.2%** | **Utilities — 2.2%** | **Utilities — 2.2%** |
| *Electric Utilities — 1.4%* | *Electric Utilities — 1.4%* | *Electric Utilities — 1.4%* | *Electric Utilities — 1.4%* |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp. | &nbsp;&nbsp;&nbsp; Alliant Energy Corp. | &nbsp;&nbsp; 7228 | &nbsp;&nbsp;&nbsp; $469892<br>|
| &nbsp;&nbsp;&nbsp; American Electric Power Co. Inc. | &nbsp;&nbsp;&nbsp; American Electric Power Co. Inc. | &nbsp;&nbsp; 14456 | &nbsp;&nbsp;&nbsp; 1666921<br>|
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp. | &nbsp;&nbsp;&nbsp; Constellation Energy Corp. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 3142690<br>|
| &nbsp;&nbsp;&nbsp; Duke Energy Corp. | &nbsp;&nbsp;&nbsp; Duke Energy Corp. | &nbsp;&nbsp; 21684 | &nbsp;&nbsp;&nbsp; 2541582<br>|
| &nbsp;&nbsp;&nbsp; Edison International | &nbsp;&nbsp;&nbsp; Edison International | &nbsp;&nbsp; 10564 | &nbsp;&nbsp;&nbsp; 634051<br>|
| &nbsp;&nbsp;&nbsp; Entergy Corp. | &nbsp;&nbsp;&nbsp; Entergy Corp. | &nbsp;&nbsp; 12788 | &nbsp;&nbsp;&nbsp; 1181995<br>|
| &nbsp;&nbsp;&nbsp; Evergy Inc. | &nbsp;&nbsp;&nbsp; Evergy Inc. | &nbsp;&nbsp; 6672 | &nbsp;&nbsp;&nbsp; 483653<br>|
| &nbsp;&nbsp;&nbsp; Eversource Energy | &nbsp;&nbsp;&nbsp; Eversource Energy | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 673839<br>|
| &nbsp;&nbsp;&nbsp; Exelon Corp. | &nbsp;&nbsp;&nbsp; Exelon Corp. | &nbsp;&nbsp; 28356 | &nbsp;&nbsp;&nbsp; 1236038<br>|
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp. | &nbsp;&nbsp;&nbsp; FirstEnergy Corp. | &nbsp;&nbsp; 14456 | &nbsp;&nbsp;&nbsp; 647195<br>|
| &nbsp;&nbsp;&nbsp; Inter RAO UES PJSC | &nbsp;&nbsp;&nbsp; Inter RAO UES PJSC | &nbsp;&nbsp; 53546 | &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(a)(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; NextEra Energy Inc. | &nbsp;&nbsp;&nbsp; NextEra Energy Inc. | &nbsp;&nbsp; 58380 | &nbsp;&nbsp;&nbsp; 4686747<br>|
| &nbsp;&nbsp;&nbsp; NRG Energy Inc. | &nbsp;&nbsp;&nbsp; NRG Energy Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 885375<br>|
| &nbsp;&nbsp;&nbsp; PG&E Corp. | &nbsp;&nbsp;&nbsp; PG&E Corp. | &nbsp;&nbsp; 60604 | &nbsp;&nbsp;&nbsp; 973906<br>|
| &nbsp;&nbsp;&nbsp; PPL Corp. | &nbsp;&nbsp;&nbsp; PPL Corp. | &nbsp;&nbsp; 20016 | &nbsp;&nbsp;&nbsp; 700960<br>|
| &nbsp;&nbsp;&nbsp; Southern Co. | &nbsp;&nbsp;&nbsp; Southern Co. | &nbsp;&nbsp; 31136 | &nbsp;&nbsp;&nbsp; 2715059<br>|
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc. | &nbsp;&nbsp;&nbsp; Xcel Energy Inc. | &nbsp;&nbsp; 16680 | &nbsp;&nbsp;&nbsp; 1231985<br>|
| *Total Electric Utilities* | *Total Electric Utilities* | *Total Electric Utilities* | &nbsp;&nbsp; *23871888* |
| *Gas Utilities — 0.1%* | *Gas Utilities — 0.1%* | *Gas Utilities — 0.1%* | *Gas Utilities — 0.1%* |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp. | &nbsp;&nbsp;&nbsp; Atmos Energy Corp. | &nbsp;&nbsp; 4448 | &nbsp;&nbsp;&nbsp; *745618*<br>|
| *Independent Power and Renewable Electricity Producers — 0.1%* | *Independent Power and Renewable Electricity Producers — 0.1%* | *Independent Power and Renewable Electricity Producers — 0.1%* | *Independent Power and Renewable Electricity Producers — 0.1%* |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp;&nbsp; Vistra Corp. | &nbsp;&nbsp; 9452 | &nbsp;&nbsp;&nbsp; *1524891*<br>|
| *Multi-Utilities — 0.6%* | *Multi-Utilities — 0.6%* | *Multi-Utilities — 0.6%* | *Multi-Utilities — 0.6%* |
| &nbsp;&nbsp;&nbsp; Ameren Corp. | &nbsp;&nbsp;&nbsp; Ameren Corp. | &nbsp;&nbsp; 7784 | &nbsp;&nbsp;&nbsp; 777310<br>|
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Inc. | &nbsp;&nbsp;&nbsp; CenterPoint Energy Inc. | &nbsp;&nbsp; 18348 | &nbsp;&nbsp;&nbsp; 703462<br>|
| &nbsp;&nbsp;&nbsp; CMS Energy Corp. | &nbsp;&nbsp;&nbsp; CMS Energy Corp. | &nbsp;&nbsp; 8340 | &nbsp;&nbsp;&nbsp; 583216<br>|
| &nbsp;&nbsp;&nbsp; Consolidated Edison Inc. | &nbsp;&nbsp;&nbsp; Consolidated Edison Inc. | &nbsp;&nbsp; 10008 | &nbsp;&nbsp;&nbsp; 993995<br>|
| &nbsp;&nbsp;&nbsp; Dominion Energy Inc. | &nbsp;&nbsp;&nbsp; Dominion Energy Inc. | &nbsp;&nbsp; 23908 | &nbsp;&nbsp;&nbsp; 1400770<br>|
| &nbsp;&nbsp;&nbsp; DTE Energy Co. | &nbsp;&nbsp;&nbsp; DTE Energy Co. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; 717129<br>|
| &nbsp;&nbsp;&nbsp; NiSource Inc. | &nbsp;&nbsp;&nbsp; NiSource Inc. | &nbsp;&nbsp; 13344 | &nbsp;&nbsp;&nbsp; 557246<br>|
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc. | &nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc. | &nbsp;&nbsp; 13900 | &nbsp;&nbsp;&nbsp; 1116170<br>|
| &nbsp;&nbsp;&nbsp; Sempra | &nbsp;&nbsp;&nbsp; Sempra | &nbsp;&nbsp; 18348 | &nbsp;&nbsp;&nbsp; 1619945<br>|
| &nbsp;&nbsp;&nbsp; WEC Energy Group Inc. | &nbsp;&nbsp;&nbsp; WEC Energy Group Inc. | &nbsp;&nbsp; 8896 | &nbsp;&nbsp;&nbsp; 938172<br>|
| *Total Multi-Utilities* | *Total Multi-Utilities* | *Total Multi-Utilities* | &nbsp;&nbsp; *9407415* |
| *Water Utilities — 0.0%††* | *Water Utilities — 0.0%††* | *Water Utilities — 0.0%††* | *Water Utilities — 0.0%††* |
| &nbsp;&nbsp;&nbsp; American Water Works Co. Inc. | &nbsp;&nbsp;&nbsp; American Water Works Co. Inc. | &nbsp;&nbsp; 5560 | &nbsp;&nbsp;&nbsp; *725580*<br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **36275392** |
| **Total Common Stocks (Cost — $1,254,686,338)** | **Total Common Stocks (Cost — $1,254,686,338)** | **Total Common Stocks (Cost — $1,254,686,338)** | &nbsp;&nbsp;&nbsp; **1659424665**<br>|
|  | Rate |  |  |
| **Preferred Stocks — 0.0%††** | **Preferred Stocks — 0.0%††** | **Preferred Stocks — 0.0%††** | **Preferred Stocks — 0.0%††** |
| **Energy — 0.0%††** | **Energy — 0.0%††** | **Energy — 0.0%††** | **Energy — 0.0%††** |
| *Oil, Gas & Consumable Fuels — 0.0%††* | *Oil, Gas & Consumable Fuels — 0.0%††* | *Oil, Gas & Consumable Fuels — 0.0%††* | *Oil, Gas & Consumable Fuels — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Surgutneftegas PAO (Cost — $6,128) | &nbsp;&nbsp; — | &nbsp;&nbsp; 10688 | &nbsp;&nbsp;&nbsp; **0**<br> \*<sup>(a)(b)(c)</sup><br>|
| **Total Investments before Short-Term Investments (Cost — $1,254,692,466)** | **Total Investments before Short-Term Investments (Cost — $1,254,692,466)** | **Total Investments before Short-Term Investments (Cost — $1,254,692,466)** | &nbsp;&nbsp; **1659424665** |

---

See Notes to Schedule of Investments.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

 **Franklin U.S. Equity Index ETF**

(Percentages shown based on Fund net assets)

---

| | | | |
|:---|:---|:---|:---|
| Security | Rate | Shares | Value |
| **Short-Term Investments — 0.1%** | **Short-Term Investments — 0.1%** | **Short-Term Investments — 0.1%** | **Short-Term Investments — 0.1%** |
| &nbsp;&nbsp;&nbsp; Franklin Institutional U.S. Government Money Market Fund, Class A Shares <br>(Cost — $1,549,793)  | &nbsp;&nbsp; 3.620% | &nbsp;&nbsp; 1549793<br>| &nbsp;&nbsp;&nbsp;&nbsp; **$1549793**<br> <sup>(d)(e)(f)</sup><br>|
| **Total Investments — 99.9% (Cost — $1,256,242,259)** | **Total Investments — 99.9% (Cost — $1,256,242,259)** | **Total Investments — 99.9% (Cost — $1,256,242,259)** | &nbsp;&nbsp; **1660974458** |
| &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.1% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.1% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 0.1% | &nbsp;&nbsp;&nbsp; 930132 |
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$1661904590** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is fair valued in accordance with procedures approved by the Board of Trustees (Note 1). |
| <sup>(b)</sup> | Security is valued using significant unobservable inputs (Note 1). |
| <sup>(c)</sup> | Value is less than $1. |
| <sup>(d)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |
| <sup>(e)</sup> | In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company" represents Fund ownership of at least 5% of the outstanding <br> voting securities of an issuer, or a company which is under common ownership or control with the Fund. At December 31, 2025, the total market value of <br> investments in Affiliated Companies was $1,549,793 and the cost was $1,549,793 (Note 2).<br>|
| <sup>(f)</sup> | Prior to September 23, 2025, known as Institutional Fiduciary Trust — Money Market Portfolio. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| PJSC |  | Private Joint Stock Company |

---

At December 31, 2025, the Fund had the following open futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp; <br> Number of <br>Contracts<br>| &nbsp;&nbsp;&nbsp; <br> Expiration <br>Date<br>| &nbsp;&nbsp;&nbsp; <br> Notional <br>Amount<br>| &nbsp;&nbsp;&nbsp; <br> Market <br>Value<br>| &nbsp;&nbsp;&nbsp; <br> Unrealized <br>Appreciation<br>|
| **Contracts to Buy:** |  |  |  |  |  |
| E-mini S&P 500 Index | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 3/26 | &nbsp;&nbsp;&nbsp;&nbsp; $2063711 | &nbsp;&nbsp;&nbsp;&nbsp; $2067750 | &nbsp;&nbsp;&nbsp; **$4039** |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

See Notes to Schedule of Investments.

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Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Notes to Schedule of Investments (unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**1. Organization and significant accounting policies** 

Franklin U.S. Equity Index ETF (the "Fund") is a separate diversified investment series of Franklin Templeton ETF Trust (the "Trust"). The Trust, a Delaware statutory trust, is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company.

The Fund is an exchange-traded fund ("ETF"). ETFs are funds that trade like other publicly-traded securities. Unlike shares of a mutual fund, which can be bought from and redeemed by the issuing fund by all shareholders at a price based on net asset value ("NAV"), shares of the Fund may be directly purchased from and redeemed by the Fund at NAV solely by certain large institutional investors who have entered into agreements with the Fund's distributor ("Authorized Participants"). Also unlike shares of a mutual fund, shares of the Fund are listed on a national securities exchange and trade in the secondary market at market prices that change throughout the day.

Shares of the Fund are listed and traded at market prices on NYSE Arca, Inc. The market price for the Fund's shares may be different from the Fund's NAV. The Fund issues and redeems shares at NAV only in blocks of a specified number of shares or multiples thereof ("Creation Units"). Only Authorized Participants may purchase or redeem Creation Units directly with the Fund at NAV. Creation Units are created and redeemed principally in-kind (although under some circumstances its shares are created and redeemed partially for cash). Except when aggregated in Creation Units, shares of the Fund are not redeemable securities. Shareholders who are not Authorized Participants may not redeem shares directly from the Fund at NAV.

The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® US Target Market Exposure IndexSM (the Underlying Index).

The Fund follows the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services – Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will use the currency exchange rates, generally determined as of 4:00 p.m. (London Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund's Board of Trustees (the "Board").

Pursuant to policies adopted by the Board, the Fund's manager has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Fund's manager is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Fund's pricing policies, and reporting to the Fund's manager and the Board. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — unadjusted quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets carried at fair value: <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | &nbsp;&nbsp; $47024123 | &nbsp;&nbsp; — | &nbsp;&nbsp; $0<br> \*<br>| &nbsp;&nbsp; $47024123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | &nbsp;&nbsp; 29271191 | &nbsp;&nbsp; — | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 29271191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Utilities | &nbsp;&nbsp; 36275392 | &nbsp;&nbsp; — | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 36275392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Common Stocks | &nbsp;&nbsp; 1546853959 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1546853959 |
| &nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 0\* |
| Total Long-Term Investments | &nbsp;&nbsp; 1659424665 | &nbsp;&nbsp; — | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 1659424665 |
| Short-Term Investments† | &nbsp;&nbsp; 1549793 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1549793 |
| **Total Investments** | &nbsp;&nbsp; **$1660974458** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$0**<br> **\***<br>| &nbsp;&nbsp; **$1660974458** |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures Contracts†† | &nbsp;&nbsp; $4039 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $4039 |
| **Total** | &nbsp;&nbsp; **$1660978497** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$0**<br> **\***<br>| &nbsp;&nbsp; **$1660978497** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| † | See Schedule of Investments for additional detailed categorizations. |
| \* | Amount represents less than $1. |
| †† | Reflects the unrealized appreciation (depreciation) of the instruments. |

---

**2. Transactions with affiliated companies**

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended December 31, 2025. The following transactions were

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

Notes to Schedule of Investments (unaudited) (cont'd)

effected in such company for the period ended December 31, 2025. <br>

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>March 31, <br>2025 | Purchased | Purchased | Sold | Sold | Realized <br>Gain (Loss) | Dividend Income | Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation) | Affiliate <br>Value at <br>December 31, <br>2025 |
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>March 31, <br>2025 | Cost | Shares | Proceeds | Shares | Realized <br>Gain (Loss) | Dividend Income | Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation) | Affiliate <br>Value at <br>December 31, <br>2025 |
| Franklin Institutional U.S. <br> Government Money Market <br> Fund, Class A Shares<sup>(a)</sup> <br>| $1318013 | $21782664 | 21782664 | $21550884 | 21550884 |  | $49456 |  | $1549793 |
| Franklin Institutional U.S. <br> Government Money Market <br> Fund, Class A Shares<sup>(a)</sup> <br>|  | 1731300 | 1731300 | 1731300 | 1731300 |  | 63 |  |  |
|  | **$1318013** | **$23513964** |  | **$23282184** |  | **—** | **$49519** | **—** | **$1549793** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Prior to September 23, 2025, known as Institutional Fiduciary Trust — Money Market Portfolio.

------

Franklin U.S. Equity Index ETF 2025 Quarterly Report

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Templeton ETF Trust

- **b. Investment Company Act file number:** 811-23124

- **c. CIK number of Registrant:** 0001655589

- **d. LEI of Registrant:** 549300UHXVPT5S43XV04

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Franklin U.S. Equity Index ETF

- **b. EDGAR series identifier (if any):** S000053154

- **c. LEI of Series:** 549300JHHNB9812HZJ73

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1659091135.03

**Total Liabilities:** $175586.89

**Net Assets:** $1658915548.14

**Cash Not Reported:** $114841.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000167261 | 2.36%                | 0.10%                | -0.02%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1392235.74              | $34442113.33                               |
| Month 2  | $8188352.45              | $-8313698.72                               |
| Month 3  | $427916.77               | $-2520524.35                               |

### Schedule of Portfolio Investments

| Name                                                   | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHICAGO MERCANTILE EXCHANGE INC.                       | S&P500 EMINI                                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |         6 | NC      | $4039.38      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                                    | International Business Machines Corp                   | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     26085 | NS      | $7726637.85   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                                         | NRG Energy Inc                                         | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      5550 | NS      | $883782.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                          | Regeneron Pharmaceuticals Inc                          | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      2775 | NS      | $2141939.25   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc                             | LPL Financial Holdings Inc                             | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2220 | NS      | $792917.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc                         | SS&C Technologies Holdings Inc                         | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |      6105 | NS      | $533699.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc                          | Old Dominion Freight Line Inc                          | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |      4995 | NS      | $783216.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                                      | General Motors Co                                      | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     26085 | NS      | $2121232.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                                         | Lowe's Cos Inc                                         | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     15540 | NS      | $3747626.40   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                             | Watsco Inc                                             | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      1110 | NS      | $374014.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                               | Fox Corp                                               | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      5550 | NS      | $405538.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                                          | Snowflake Inc                                          | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      9435 | NS      | $2069661.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                           | Illumina Inc                                           | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |      4440 | NS      | $582350.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                           | Synopsys Inc                                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      5162 | NS      | $2424694.64   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                                          | DR Horton Inc                                          | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      7215 | NS      | $1039176.45   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc                             | Mondelez International Inc                             | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     36630 | NS      | $1971792.90   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                                  | Carlyle Group Inc/The                                  | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |      6105 | NS      | $360866.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                                          | Kroger Co/The                                          | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     17205 | NS      | $1074968.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                                      | Tractor Supply Co                                      | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     14430 | NS      | $721644.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                                | Bristol-Myers Squibb Co                                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     57165 | NS      | $3083480.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                                | CRH PLC                                                | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     18870 | NS      | $2354976.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                                      | General Mills Inc                                      | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     14985 | NS      | $696802.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                                      | Allstate Corp/The                                      | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      7215 | NS      | $1501802.25   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                                  | Quest Diagnostics Inc                                  | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      3330 | NS      | $577854.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                           | Apollo Global Management Inc                           | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     11655 | NS      | $1687177.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                                        | Southern Co/The                                        | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     31080 | NS      | $2710176.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                                      | Kinder Morgan Inc                                      | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     55500 | NS      | $1525695.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                                   | Keurig Dr Pepper Inc                                   | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     34410 | NS      | $963824.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                                | PTC Inc                                                | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      3330 | NS      | $580119.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                        | Caterpillar Inc                                        | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     13320 | NS      | $7630628.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                                             | Garmin Ltd                                             | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      4440 | NS      | $900654.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                     | Analog Devices Inc                                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     13875 | NS      | $3762900.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                      | Brown & Brown Inc                                      | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      7770 | NS      | $619269.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information                          | Fidelity National Information Services Inc             | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     14985 | NS      | $995903.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                             | HEICO Corp                                             | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      2220 | NS      | $560394.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc                                | Lululemon Athletica Inc                                | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |      2775 | NS      | $576672.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                             | TransUnion                                             | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |      5550 | NS      | $475912.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                              | Aptiv PLC                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      6105 | NS      | $464529.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                                           | AutoZone Inc                                           | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       479 | NS      | $1624528.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                                | Dow Inc                                                | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     19425 | NS      | $454156.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                               | AT&T Inc                                               | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    200910 | NS      | $4990604.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                               | Crowdstrike Holdings Inc                               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      6660 | NS      | $3121941.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| IFF                                                    | International Flavors & Fragrances Inc                 | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |      7215 | NS      | $486218.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                                 | Diamondback Energy Inc                                 | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      5550 | NS      | $834331.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T                         | Hartford Insurance Group Inc/The                       | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      7770 | NS      | $1070706.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                                            | Incyte Corp                                            | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      4440 | NS      | $438538.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc                          | Principal Financial Group Inc                          | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |      6105 | NS      | $538522.05    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                            | Netflix Inc                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    119325 | NS      | $11187912.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                           | United Airlines Holdings Inc                           | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      9435 | NS      | $1055021.70   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc                               | Corebridge Financial Inc                               | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |      7215 | NS      | $217676.55    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                                | Comfort Systems USA Inc                                | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      1110 | NS      | $1035951.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                                      | Expedia Group Inc                                      | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3330 | NS      | $943422.30    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                                    | Quanta Services Inc                                    | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3885 | NS      | $1639703.10   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gazprom PJSC                                           | Gazprom PJSC                                           | CUSIP: 000000000<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |     15428 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Norfolk Southern Corp                                  | Norfolk Southern Corp                                  | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      6105 | NS      | $1762635.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol                         | Westinghouse Air Brake Technologies Corp               | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      4995 | NS      | $1066182.75   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc                                     | IQVIA Holdings Inc                                     | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      4995 | NS      | $1125922.95   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                                               | PPL Corp                                               | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     19980 | NS      | $699699.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                                            | Textron Inc                                            | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      4995 | NS      | $435414.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/The                                     | Cooper Cos Inc/The                                     | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |      5550 | NS      | $454878.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I                         | PNC Financial Services Group Inc/The                   | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     11100 | NS      | $2316903.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp                              | Cincinnati Financial Corp                              | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |      4440 | NS      | $725140.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                                        | EMCOR Group Inc                                        | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1110 | NS      | $679086.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                             | Cadence Design Systems Inc                             | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      7770 | NS      | $2428746.60   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                               | Visa Inc                                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     47730 | NS      | $16739388.30  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                             | Carvana Co                                             | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      3885 | NS      | $1639547.70   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                           | LyondellBasell Industries NV                           | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |      7215 | NS      | $312409.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                                      | Devon Energy Corp                                      | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     17205 | NS      | $630219.15    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                            | PepsiCo Inc                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     38295 | NS      | $5496098.40   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                                    | Kimberly-Clark Corp                                    | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      9435 | NS      | $951897.15    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                             | Deere & Co                                             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      7215 | NS      | $3359087.55   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                                      | State Street Corp                                      | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      7770 | NS      | $1002407.70   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                                      | Kimco Realty Corp                                      | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     18870 | NS      | $382494.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                                   | Progressive Corp/The                                   | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     16650 | NS      | $3791538.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc                              | Circle Internet Group Inc                              | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |      1110 | NS      | $88023.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD                                  | McCormick & Co Inc/MD                                  | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |      7215 | NS      | $491413.65    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International                         | Johnson Controls International plc                     | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     17205 | NS      | $2060298.75   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                                               | EQT Corp                                               | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     17205 | NS      | $922188.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                           | Thermo Fisher Scientific Inc                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     10545 | NS      | $6110300.25   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc                         | GE HealthCare Technologies Inc                         | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     12765 | NS      | $1046985.30   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                                        | WW Grainger Inc                                        | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1245 | NS      | $1256267.25   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc                               | Constellation Brands Inc                               | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      4440 | NS      | $612542.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD                          | Marriott International Inc/MD                          | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      6105 | NS      | $1894015.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                       | Wells Fargo & Co                                       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     88245 | NS      | $8224434.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                              | Amgen Inc                                              | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     14985 | NS      | $4904740.35   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                             | Zoetis Inc                                             | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     12765 | NS      | $1606092.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc                            | American Water Works Co Inc                            | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      5550 | NS      | $724275.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                                 | Motorola Solutions Inc                                 | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      4440 | NS      | $1701940.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd                            | Royal Caribbean Cruises Ltd                            | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |      7215 | NS      | $2012407.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                                 | Roper Technologies Inc                                 | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      2775 | NS      | $1235235.75   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                           | Citizens Financial Group Inc                           | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     12210 | NS      | $713186.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                            | Fastenal Co                                            | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     32190 | NS      | $1291784.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                     | Meta Platforms Inc                                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     61050 | NS      | $40298494.50  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                                  | Becton Dickinson & Co                                  | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      8325 | NS      | $1615632.75   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                                           | Allegion plc                                           | CUSIP: 000000000<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |      2220 | NS      | $353468.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                             | Biogen Inc                                             | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      3885 | NS      | $683721.15    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                            | CDW Corp/DE                                            | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      3885 | NS      | $529137.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                                    | American Tower Corp                                    | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     13320 | NS      | $2338592.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                         | S&P Global Inc                                         | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      8325 | NS      | $4350561.75   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                | Charles Schwab Corp/The                                | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     47730 | NS      | $4768704.30   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                                          | DTE Energy Co                                          | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |      5550 | NS      | $715839.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                                    | General Electric Co                                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     29970 | NS      | $9231659.10   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                                            | Datadog Inc                                            | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      8880 | NS      | $1207591.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                                            | Gartner Inc                                            | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      2220 | NS      | $560061.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                                    | Abbott Laboratories                                    | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     48840 | NS      | $6119163.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                                           | VeriSign Inc                                           | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      2220 | NS      | $539349.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc                                    | Bentley Systems Inc                                    | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |      3885 | NS      | $148271.03    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc                                             | Kenvue Inc                                             | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |     49395 | NS      | $852063.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc                         | JB Hunt Transport Services Inc                         | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      2220 | NS      | $431434.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                                  | Dell Technologies Inc                                  | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      8880 | NS      | $1117814.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                             | Fiserv Inc                                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     14985 | NS      | $1006542.45   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                                        | Astera Labs Inc                                        | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |      3876 | NS      | $644811.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                          | Hilton Worldwide Holdings Inc                          | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      6105 | NS      | $1753661.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                                     | NextEra Energy Inc                                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     58275 | NS      | $4678317.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions                         | Broadridge Financial Solutions Inc                     | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      3330 | NS      | $743156.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                                  | Burlington Stores Inc                                  | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      1665 | NS      | $480935.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                          | Welltower Inc                                          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     19425 | NS      | $3605474.25   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                                     | Domino's Pizza Inc                                     | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      1110 | NS      | $462670.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                                   | Colgate-Palmolive Co                                   | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     22755 | NS      | $1798100.10   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                                     | Vertiv Holdings Co                                     | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     10545 | NS      | $1708395.45   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                                     | Ingersoll Rand Inc                                     | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     11100 | NS      | $879342.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                         | Salesforce Inc                                         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     26085 | NS      | $6910177.35   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                                               | MSCI Inc                                               | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      2220 | NS      | $1273680.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                                            | Hubbell Inc                                            | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1665 | NS      | $739443.15    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                                | Aon PLC                                                | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | GB        |      6105 | NS      | $2154332.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                         | Morgan Stanley                                         | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     34965 | NS      | $6207336.45   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                              | Tesla Inc                                              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     78810 | NS      | $35442433.20  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                                   | Southern Copper Corp                                   | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      2817 | NS      | $404154.99    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                                | NVR Inc                                                | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        78 | NS      | $568836.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                                           | NiSource Inc                                           | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     13320 | NS      | $556243.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                                            | Ameren Corp                                            | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |      7770 | NS      | $775912.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                                          | Blackrock Inc                                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      3885 | NS      | $4158270.90   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I                         | American International Group Inc                       | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     14985 | NS      | $1281966.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                                    | Leidos Holdings Inc                                    | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      3330 | NS      | $600732.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                                        | Cigna Group/The                                        | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      7215 | NS      | $1985784.45   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                                   | Jacobs Solutions Inc                                   | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |      3330 | NS      | $441091.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                                        | Gen Digital Inc                                        | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     16095 | NS      | $437623.05    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                        | T-Mobile US Inc                                        | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     13320 | NS      | $2704492.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                         | Microsoft Corp                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    209235 | NS      | $101190230.70 | 6.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                         | GE Vernova Inc                                         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      7770 | NS      | $5078238.90   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                                 | Marvell Technology Inc                                 | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24420 | NS      | $2075211.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                               | Marsh & McLennan Cos Inc                               | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     13875 | NS      | $2574090.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding                         | Credo Technology Group Holding Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4430 | NS      | $637432.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                               | Ameriprise Financial Inc                               | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2775 | NS      | $1360693.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc                                 | CenterPoint Energy Inc                                 | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     18315 | NS      | $702197.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In                         | Philip Morris International Inc                        | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     43845 | NS      | $7032738.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                            | Pentair PLC                                            | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | GB        |      4440 | NS      | $462381.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                              | Block Inc                                              | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     15540 | NS      | $1011498.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                               | Willis Towers Watson PLC                               | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | GB        |      2775 | NS      | $911865.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                                 | F5 Inc                                                 | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      1665 | NS      | $425007.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                                 | T Rowe Price Group Inc                                 | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |      6105 | NS      | $625029.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                                        | Ulta Beauty Inc                                        | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      1110 | NS      | $671561.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                       | Crown Castle Inc                                       | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     11655 | NS      | $1035779.85   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                                   | Ares Management Corp                                   | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |      5550 | NS      | $897046.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                         | Starbucks Corp                                         | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     32190 | NS      | $2710719.90   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                             | Intuit Inc                                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      7770 | NS      | $5147003.40   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                                     | Coterra Energy Inc                                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     21090 | NS      | $555088.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                                  | Texas Instruments Inc                                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     25530 | NS      | $4429199.70   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                      | Johnson & Johnson                                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     67710 | NS      | $14012584.50  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc                                | Illinois Tool Works Inc                                | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      8325 | NS      | $2050447.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                             | FedEx Corp                                             | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      6105 | NS      | $1763490.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa                         | Expeditors International of Washington Inc             | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      3885 | NS      | $578903.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                             | AbbVie Inc                                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     49395 | NS      | $11286263.55  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                             | Chipotle Mexican Grill Inc                             | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |     37740 | NS      | $1396380.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                             | Advanced Micro Devices Inc                             | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     45510 | NS      | $9746421.60   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                         | Mastercard Inc                                         | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     23310 | NS      | $13307212.80  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services I                         | West Pharmaceutical Services Inc                       | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      2220 | NS      | $610810.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp                                | Texas Pacific Land Corp                                | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1665 | NS      | $478221.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                            | Lennar Corp                                            | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      6105 | NS      | $627594.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc                         | American Electric Power Co Inc                         | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     14430 | NS      | $1663923.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc                               | Essex Property Trust Inc                               | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      1665 | NS      | $435697.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                          | Medtronic PLC                                          | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     36075 | NS      | $3465364.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                              | United Parcel Service Inc                              | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     20535 | NS      | $2036866.65   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                         | Eli Lilly & Co                                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     22500 | NS      | $24180300.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgutneftegas PAO                                     | Surgutneftegas PAO                                     | CUSIP: 000000000<br>LEI: 2138002GZLU65FRAC894 | Long             | EC               | CORP              | RU        |      8286 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Interactive Brokers Group Inc                          | Interactive Brokers Group Inc                          | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     12740 | NS      | $819309.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                               | RTX Corp                                               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     37740 | NS      | $6921516.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                    | Fifth Third Bancorp                                    | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     18870 | NS      | $883304.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                       | Duke Energy Corp                                       | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     21645 | NS      | $2537010.45   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                                    | Dominion Energy Inc                                    | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     23865 | NS      | $1398250.35   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                                   | Labcorp Holdings Inc                                   | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2220 | NS      | $556953.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreWeave Inc                                          | CoreWeave Inc                                          | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |      7200 | NS      | $515592.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                                               | Flex Ltd                                               | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | US        |      9990 | NS      | $603595.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                                 | Boston Scientific Corp                                 | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     41625 | NS      | $3968943.75   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                                           | Veralto Corp                                           | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      6660 | NS      | $664534.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                                 | Equitable Holdings Inc                                 | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |      8325 | NS      | $396686.25    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                              | L3Harris Technologies Inc                              | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      4995 | NS      | $1466382.15   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                              | Linde PLC                                              | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |     13320 | NS      | $5679514.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software                          | Take-Two Interactive Software Inc                      | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      4995 | NS      | $1278869.85   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                                | Sherwin-Williams Co/The                                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      6660 | NS      | $2158039.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                                       | FirstEnergy Corp                                       | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     14430 | NS      | $646031.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                            | Honeywell International Inc                            | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     17760 | NS      | $3464798.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc                              | AvalonBay Communities Inc                              | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      3885 | NS      | $704389.35    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                                      | Veeva Systems Inc                                      | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      4440 | NS      | $991141.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                                        | Yum! Brands Inc                                        | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      7770 | NS      | $1175445.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC                                   | Smurfit WestRock PLC                                   | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     14430 | NS      | $558008.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                                       | Zillow Group Inc                                       | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      1665 | NS      | $113602.95    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                        | Dollar Tree Inc                                        | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      5550 | NS      | $682705.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                                             | Dexcom Inc                                             | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     11100 | NS      | $736707.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp                                  | Monster Beverage Corp                                  | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     19425 | NS      | $1489314.75   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                                 | IDEXX Laboratories Inc                                 | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      2220 | NS      | $1501896.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                                   | Booking Holdings Inc                                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       914 | NS      | $4894771.62   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                                    | Sun Communities Inc                                    | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      3330 | NS      | $412620.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                                      | Iron Mountain Inc                                      | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |      8325 | NS      | $690558.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                        | CMS Energy Corp                                        | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |      8325 | NS      | $582167.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                                     | Kraft Heinz Co/The                                     | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     24420 | NS      | $592185.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                                            | MetLife Inc                                            | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     15540 | NS      | $1226727.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                                    | Axon Enterprise Inc                                    | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      2220 | NS      | $1260804.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                             | Evergy Inc                                             | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      6660 | NS      | $482783.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc                              | Warner Bros Discovery Inc                              | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     63825 | NS      | $1839436.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                              | Constellation Energy Corp                              | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      8880 | NS      | $3137037.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                                          | Carnival Corp                                          | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |     30525 | NS      | $932233.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                                      | Bloom Energy Corp                                      | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |      6092 | NS      | $529333.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                             | Pfizer Inc                                             | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    159285 | NS      | $3966196.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                                 | Arch Capital Group Ltd                                 | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     10545 | NS      | $1011476.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                             | Ecolab Inc                                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      7215 | NS      | $1894081.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corp                                           | Fortive Corp                                           | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |      8880 | NS      | $490264.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                                           | Entergy Corp                                           | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     12765 | NS      | $1179868.95   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                                      | Cisco Systems Inc                                      | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    111555 | NS      | $8593081.65   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                                   | Invitation Homes Inc                                   | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15540 | NS      | $431856.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                             | NetApp Inc                                             | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      5550 | NS      | $594349.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                                     | Home Depot Inc/The                                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     27750 | NS      | $9548775.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                                  | ON Semiconductor Corp                                  | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     11100 | NS      | $601065.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                    | JPMorgan Chase & Co                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     77145 | NS      | $24857661.90  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                                    | Dollar General Corp                                    | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      6105 | NS      | $810560.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc                                | Rockwell Automation Inc                                | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      3330 | NS      | $1295603.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                           | Comcast Corp                                           | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    102120 | NS      | $3052366.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                                    | Cheniere Energy Inc                                    | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      6105 | NS      | $1186750.95   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                          | Intercontinental Exchange Inc                          | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     16095 | NS      | $2606746.20   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                          | Automatic Data Processing Inc                          | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     11100 | NS      | $2855253.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgutneftegas PAO                                     | Surgutneftegas PAO                                     | CUSIP: 000000000<br>LEI: 2138002GZLU65FRAC894 | Long             | EP               | CORP              | RU        |     10688 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Target Corp                                            | Target Corp                                            | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     12765 | NS      | $1247778.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                             | Zimmer Biomet Holdings Inc                             | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      5550 | NS      | $499056.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc                               | Agilent Technologies Inc                               | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      7770 | NS      | $1057263.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter RAO UES PJSC                                     | Inter RAO UES PJSC                                     | CUSIP: 000000000<br>LEI: 253400PMFKF8Q8G1FA17 | Long             | EC               | CORP              | RU        |     53546 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PPG Industries Inc                                     | PPG Industries Inc                                     | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |      6105 | NS      | $625518.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc                                  | DuPont de Nemours Inc                                  | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     11655 | NS      | $468531.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                               | Digital Realty Trust Inc                               | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      8880 | NS      | $1373824.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                                           | Insulet Corp                                           | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      2220 | NS      | $631012.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                                | O'Reilly Automotive Inc                                | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     23865 | NS      | $2176726.65   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                            | Oracle Corp                                            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     47175 | NS      | $9194879.25   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                         | Merck & Co Inc                                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     69930 | NS      | $7360831.80   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                                             | Sysco Corp                                             | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     13320 | NS      | $981550.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                             | Insmed Inc                                             | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      6092 | NS      | $1060251.68   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                                          | M&T Bank Corp                                          | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      4440 | NS      | $894571.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                                            | Waters Corp                                            | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      1665 | NS      | $632416.95    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                            | Trimble Inc                                            | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      6660 | NS      | $521811.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc                                 | Darden Restaurants Inc                                 | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      3330 | NS      | $612786.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                        | First Solar Inc                                        | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      2775 | NS      | $724913.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                            | Equinix Inc                                            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      2775 | NS      | $2126094.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                              | Palantir Technologies Inc                              | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     61605 | NS      | $10950288.75  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                                         | Atlassian Corp                                         | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      4440 | NS      | $719901.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                           | Chevron Corp                                           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52725 | NS      | $8035817.25   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                          | AppLovin Corp                                          | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      6105 | NS      | $4113671.10   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                                  | Truist Financial Corp                                  | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     36075 | NS      | $1775250.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                            | Hologic Inc                                            | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      6105 | NS      | $454761.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                             | Corpay Inc                                             | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      1665 | NS      | $501048.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                                          | Boeing Co/The                                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     21645 | NS      | $4699562.40   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc                               | Microchip Technology Inc                               | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     14985 | NS      | $954844.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                                              | Aflac Inc                                              | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     13320 | NS      | $1468796.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                                | Extra Space Storage Inc                                | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5550 | NS      | $722721.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                                    | TransDigm Group Inc                                    | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1434 | NS      | $1907004.90   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                                           | Docusign Inc                                           | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |      5550 | NS      | $379620.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co                              | Archer-Daniels-Midland Co                              | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     12765 | NS      | $733859.85    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                                 | Berkshire Hathaway Inc                                 | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     51615 | NS      | $25944279.75  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                                            | Zscaler Inc                                            | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      2775 | NS      | $624153.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                                   | Targa Resources Corp                                   | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      6105 | NS      | $1126372.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                                       | Altria Group Inc                                       | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     47175 | NS      | $2720110.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                                  | Micron Technology Inc                                  | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     31635 | NS      | $9028945.35   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                         | Air Products and Chemicals Inc                         | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      6105 | NS      | $1508057.10   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                               | CSX Corp                                               | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     52725 | NS      | $1911281.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                                            | ROBLOX Corp                                            | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |     17760 | NS      | $1439092.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                                     | Royalty Pharma PLC                                     | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | US        |      9990 | NS      | $386013.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                                             | Humana Inc                                             | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      3330 | NS      | $852912.90    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                                             | ResMed Inc                                             | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      4440 | NS      | $1069462.80   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                          | Amphenol Corp                                          | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     34410 | NS      | $4650167.40   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                                         | Halliburton Co                                         | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     24420 | NS      | $690109.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                         | Public Storage                                         | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      4440 | NS      | $1152180.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                   | Edison International                                   | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     10545 | NS      | $632910.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                                         | CBRE Group Inc                                         | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      8325 | NS      | $1338576.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                           | Danaher Corp                                           | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     18315 | NS      | $4192669.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                                     | HCA Healthcare Inc                                     | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      4440 | NS      | $2072858.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                                             | Nucor Corp                                             | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      6660 | NS      | $1086312.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GMK Norilskiy Nickel PAO                               | GMK Norilskiy Nickel PAO                               | CUSIP: 000000000<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |     10000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Workday Inc                                            | Workday Inc                                            | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      6105 | NS      | $1311231.90   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                    | Gilead Sciences Inc                                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     34965 | NS      | $4291604.10   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial In                         | Fidelity National Financial Inc                        | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |      7215 | NS      | $393866.85    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                                       | Genuine Parts Co                                       | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      3885 | NS      | $477699.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                         | Eaton Corp PLC                                         | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     11100 | NS      | $3535461.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                                           | Centene Corp                                           | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     13320 | NS      | $548118.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                                    | Synchrony Financial                                    | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      9990 | NS      | $833465.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RUSAL                                                  | United Co RUSAL International PJSC                     | CUSIP: 000000000<br>LEI: 213800WNO9IQTTI4PG55 | Long             | EC               | CORP              | RU        |      1714 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Costco Wholesale Corp                                  | Costco Wholesale Corp                                  | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     12510 | NS      | $10787873.40  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                          | Pinterest Inc                                          | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     16650 | NS      | $431068.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                            | HubSpot Inc                                            | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      1665 | NS      | $668164.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions                         | Cognizant Technology Solutions Corp                    | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     13320 | NS      | $1105560.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                                       | W R Berkley Corp                                       | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      8325 | NS      | $583749.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc                            | Raymond James Financial Inc                            | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      4995 | NS      | $802147.05    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                                             | STERIS PLC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2775 | NS      | $703518.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                              | Amcor PLC                                              | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | CH        |     63825 | NS      | $532300.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PhosAgro PJSC                                          | PhosAgro PJSC                                          | CUSIP: 000000000<br>LEI: 25340053KRUNNYUWF472 | Long             | EC               | CORP              | RU        |        73 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| McKesson Corp                                          | McKesson Corp                                          | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      3330 | NS      | $2731565.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tatneft PJSC                                           | Tatneft PJSC                                           | CUSIP: 000000000<br>LEI: 253400PAT768SVJMV121 | Long             | EC               | CORP              | RU        |      1974 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Charter Communications Inc                             | Charter Communications Inc                             | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      2775 | NS      | $579281.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                                    | Avery Dennison Corp                                    | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      2220 | NS      | $403773.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                             | US Bancorp                                             | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     43845 | NS      | $2339569.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                              | Adobe Inc                                              | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     11655 | NS      | $4079133.45   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                           | Prologis Inc                                           | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     26085 | NS      | $3330011.10   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Grou                         | Public Service Enterprise Group Inc                    | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     13875 | NS      | $1114162.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                                      | Lam Research Corp                                      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     35520 | NS      | $6080313.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                                        | Weyerhaeuser Co                                        | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     19425 | NS      | $460178.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LUKOIL PJSC                                            | LUKOIL PJSC                                            | CUSIP: 000000000<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |       516 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Edwards Lifesciences Corp                              | Edwards Lifesciences Corp                              | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     16650 | NS      | $1419412.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc                              | Keysight Technologies Inc                              | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      4995 | NS      | $1014934.05   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Rosneft Oil Co PJSC                                    | Rosneft Oil Co PJSC                                    | CUSIP: 000000000<br>LEI: 253400JT3MQWNDKMJE44 | Long             | EC               | CORP              | RU        |      1154 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Dover Corp                                             | Dover Corp                                             | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      3885 | NS      | $758507.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                                    | Alliant Energy Corp                                    | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |      7215 | NS      | $469047.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                        | TJX Cos Inc/The                                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     31080 | NS      | $4774198.80   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                                    | VICI Properties Inc                                    | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     29415 | NS      | $827149.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                                  | Uber Technologies Inc                                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     56610 | NS      | $4625603.10   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                                    | Arista Networks Inc                                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     28860 | NS      | $3781525.80   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Novolipetsk Steel PJSC                                 | Novolipetsk Steel PJSC                                 | CUSIP: 000000000<br>LEI: 213800913TPW32I84456 | Long             | EC               | CORP              | RU        |      2272 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| News Corp                                              | News Corp                                              | CUSIP: 65249B208<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |      2775 | NS      | $82223.25     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                                           | Moody's Corp                                           | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      4440 | NS      | $2268174.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                                    | Electronic Arts Inc                                    | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      6660 | NS      | $1360837.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                            | Vistra Corp                                            | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      9435 | NS      | $1522148.55   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                        | Ross Stores Inc                                        | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      8880 | NS      | $1599643.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                               | NIKE Inc                                               | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     31635 | NS      | $2015465.85   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL                         | Seagate Technology Holdings PLC                        | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | US        |      5550 | NS      | $1528414.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                                 | International Paper Co                                 | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     14430 | NS      | $568397.70    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp                                   | Western Digital Corp                                   | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      9435 | NS      | $1625367.45   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                             | Nasdaq Inc                                             | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     10545 | NS      | $1024235.85   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                             | Airbnb Inc                                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     11655 | NS      | $1581816.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                                    | Cardinal Health Inc                                    | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      6660 | NS      | $1368630.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                             | Capital One Financial Corp                             | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     17881 | NS      | $4333639.16   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                            | Cummins Inc                                            | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      3885 | NS      | $1983098.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                            | Goldman Sachs Group Inc/The                            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      8325 | NS      | $7317675.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                                          | Ford Motor Co                                          | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    111000 | NS      | $1456320.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                                | KeyCorp                                                | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     26640 | NS      | $549849.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                                   | Waste Management Inc                                   | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     10545 | NS      | $2316841.95   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                                | SBA Communications Corp                                | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      2775 | NS      | $536768.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                                            | Corning Inc                                            | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     21090 | NS      | $1846640.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co/The                                         | Hershey Co/The                                         | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      3885 | NS      | $706992.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                                | Arthur J Gallagher & Co                                | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      7215 | NS      | $1867169.85   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                         | Amazon.com Inc                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    274170 | NS      | $63283919.40  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                             | HEICO Corp                                             | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      1110 | NS      | $359184.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                 | UnitedHealth Group Inc                                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     25530 | NS      | $8427708.30   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc                               | Prudential Financial Inc                               | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |      9990 | NS      | $1127671.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                                              | PG&E Corp                                              | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     60495 | NS      | $972154.65    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                            | Cintas Corp                                            | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9990 | NS      | $1878819.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                                       | Pure Storage Inc                                       | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |      8862 | NS      | $593842.62    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp                              | Occidental Petroleum Corp                              | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     18315 | NS      | $753112.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                                   | Howmet Aerospace Inc                                   | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     11100 | NS      | $2275722.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                                  | East West Bancorp Inc                                  | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |      3885 | NS      | $436635.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                                  | Republic Services Inc                                  | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      5550 | NS      | $1176211.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                                  | 3M Co                                                  | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     14985 | NS      | $2399098.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                                     | Valero Energy Corp                                     | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      8325 | NS      | $1355226.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                                   | Verisk Analytics Inc                                   | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      3885 | NS      | $869035.65    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                            | Alnylam Pharmaceuticals Inc                            | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      3330 | NS      | $1324174.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                             | Verizon Communications Inc                             | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    118770 | NS      | $4837502.10   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp                                    | Northern Trust Corp                                    | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      5550 | NS      | $758074.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                                   | Parker-Hannifin Corp                                   | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      3330 | NS      | $2926936.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                           | Entegris Inc                                           | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |      4440 | NS      | $374070.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                                     | Expand Energy Corp                                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      6660 | NS      | $734997.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                                        | Tyson Foods Inc                                        | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |      7770 | NS      | $455477.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                  | NXP Semiconductors NV                                  | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |      6660 | NS      | $1445619.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                            | NVIDIA Corp                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    661005 | NS      | $123277432.50 | 7.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc                                  | SoFi Technologies Inc                                  | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |     33238 | NS      | $870170.84    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                               | Simon Property Group Inc                               | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      8880 | NS      | $1643776.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                                       | Coca-Cola Co/The                                       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    110445 | NS      | $7721209.95   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                                    | Coinbase Global Inc                                    | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      6105 | NS      | $1380584.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                                       | MercadoLibre Inc                                       | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      1349 | NS      | $2717236.74   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alrosa PJSC                                            | Alrosa PJSC                                            | CUSIP: 000000000<br>LEI: 894500DKUWVBYZLLE651 | Long             | EC               | CORP              | RU        |      3584 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DoorDash Inc                                           | DoorDash Inc                                           | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     10545 | NS      | $2388231.60   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                                 | Sempra                                                 | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     18315 | NS      | $1617031.35   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                              | Apple Inc                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    417360 | NS      | $113463489.60 | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                        | Fair Isaac Corp                                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       652 | NS      | $1102284.24   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                                 | Trane Technologies PLC                                 | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      6105 | NS      | $2376066.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                                     | United Rentals Inc                                     | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1665 | NS      | $1347517.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                                            | Equifax Inc                                            | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |      3330 | NS      | $722543.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                                             | AMETEK Inc                                             | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      6660 | NS      | $1367364.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                                      | Omnicom Group Inc                                      | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |      8880 | NS      | $717060.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PHOSAGRO PJSC NPV GDR                                  | PHOSAGRO PJSC NPV GDR                                  | CUSIP: 71922G407<br>LEI: N/A                  | Long             | EC               | CORP              | RU        |         2 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Freeport-McMoRan Inc                                   | Freeport-McMoRan Inc                                   | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     40515 | NS      | $2057756.85   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co                                  | Southwest Airlines Co                                  | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     12765 | NS      | $527577.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                                      | Eversource Energy                                      | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      9990 | NS      | $672626.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                          | Citigroup Inc                                          | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     50505 | NS      | $5893428.45   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                         | ConocoPhillips                                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     34965 | NS      | $3273073.65   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                            | Walmart Inc                                            | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    120990 | NS      | $13479495.90  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                                    | Global Payments Inc                                    | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      6660 | NS      | $515484.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                                      | Atmos Energy Corp                                      | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      4440 | NS      | $744277.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                                           | Strategy Inc                                           | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      7770 | NS      | $1180651.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                                    | TE Connectivity PLC                                    | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |      8325 | NS      | $1894020.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For                         | Liberty Media Corp-Liberty Formula One                 | CUSIP: 531229771<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       555 | NS      | $49605.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                                           | Teradyne Inc                                           | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      4440 | NS      | $859406.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                                       | CoStar Group Inc                                       | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     11100 | NS      | $746364.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                             | Twilio Inc                                             | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      3885 | NS      | $552602.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International I                         | Mettler-Toledo International Inc                       | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       555 | NS      | $773775.45    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                                 | Regions Financial Corp                                 | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     24420 | NS      | $661782.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                                            | MongoDB Inc                                            | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      2220 | NS      | $931711.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                                    | American Express Co                                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     14985 | NS      | $5543700.75   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                            | Cencora Inc                                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4995 | NS      | $1687061.25   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                               | Okta Inc                                               | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      4440 | NS      | $383926.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                                     | Trade Desk Inc/The                                     | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     12765 | NS      | $484559.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                              | Packaging Corp of America                              | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      2220 | NS      | $457830.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management Inc                          | Annaly Capital Management Inc                          | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |     19425 | NS      | $434343.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                                   | Williams Cos Inc/The                                   | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     34410 | NS      | $2068385.10   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                                 | HP Inc                                                 | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     26640 | NS      | $593539.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                                    | Emerson Electric Co                                    | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     16095 | NS      | $2136128.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp                                   | Las Vegas Sands Corp                                   | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |      8880 | NS      | $577999.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                            | Phillips 66                                            | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     11100 | NS      | $1432344.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                           | Fortinet Inc                                           | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     17760 | NS      | $1410321.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                         | ServiceNow Inc                                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     29164 | NS      | $4467633.16   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/                         | First Citizens BancShares Inc/NC                       | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       302 | NS      | $648146.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Severstal PAO                                          | Severstal PAO                                          | CUSIP: 000000000<br>LEI: 213800OKDPTV6K4ONO53 | Long             | EC               | CORP              | RU        |       392 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CVS Health Corp                                        | CVS Health Corp                                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     35520 | NS      | $2818867.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                        | Baker Hughes Co                                        | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27750 | NS      | $1263735.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                                 | Tyler Technologies Inc                                 | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      1110 | NS      | $503884.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                                           | Xylem Inc/NY                                           | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      6660 | NS      | $906958.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                                  | General Dynamics Corp                                  | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      6660 | NS      | $2242155.60   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                           | Broadcom Inc                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    129870 | NS      | $44948007.00  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                                        | Xcel Energy Inc                                        | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     16650 | NS      | $1229769.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc                               | Lennox International Inc                               | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      1110 | NS      | $538993.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                           | Huntington Bancshares Inc/OH                           | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     42735 | NS      | $741452.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                                            | Coupang Inc                                            | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |     37732 | NS      | $890097.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                                 | Intuitive Surgical Inc                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      9990 | NS      | $5657936.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                           | Autodesk Inc                                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      6105 | NS      | $1807141.05   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For                         | Liberty Media Corp-Liberty Formula One                 | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6105 | NS      | $601403.55    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit                         | Mid-America Apartment Communities Inc                  | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      3330 | NS      | $462570.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                                            | Snap-on Inc                                            | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      1665 | NS      | $573759.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                                 | Palo Alto Networks Inc                                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     19425 | NS      | $3578085.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp                                             | Loews Corp                                             | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |      4995 | NS      | $526023.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                                           | Stryker Corp                                           | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      9990 | NS      | $3511185.30   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                                         | Cloudflare Inc                                         | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      8880 | NS      | $1750692.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                                   | Lockheed Martin Corp                                   | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      5550 | NS      | $2684368.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                                | Procter & Gamble Co/The                                | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     66045 | NS      | $9464908.95   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                             | Ventas Inc                                             | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     12765 | NS      | $987755.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                           | KKR & Co Inc                                           | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     18870 | NS      | $2405547.60   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                                   | WEC Energy Group Inc                                   | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |      8880 | NS      | $936484.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional US Government Money Market Fund | Franklin Institutional US Government Money Market Fund | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |   1539445 | NS      | $1539444.95   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                          | CME Group Inc                                          | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      9990 | NS      | $2728069.20   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                             | Masco Corp                                             | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |      6105 | NS      | $387423.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                                     | Realty Income Corp                                     | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     24975 | NS      | $1407840.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                                         | PulteGroup Inc                                         | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5550 | NS      | $650793.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                           | Newmont Corp                                           | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     31080 | NS      | $3103338.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                                  | Travelers Cos Inc/The                                  | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      6105 | NS      | $1770816.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                                       | Zillow Group Inc                                       | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      4995 | NS      | $340758.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G Annuities & Life Inc                               | F&G Annuities & Life Inc                               | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       432 | NS      | $13327.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                            | Corteva Inc                                            | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     19425 | NS      | $1302057.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                                        | McDonald's Corp                                        | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     19980 | NS      | $6106487.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                            | Rollins Inc                                            | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |      8325 | NS      | $499666.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                              | Teledyne Technologies Inc                              | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      1110 | NS      | $566910.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                                       | Exxon Mobil Corp                                       | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    118215 | NS      | $14225993.10  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc                               | Super Micro Computer Inc                               | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     14985 | NS      | $438610.95    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                               | KLA Corp                                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      3723 | NS      | $4523742.84   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The                               | Estee Lauder Cos Inc/The                               | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |      6660 | NS      | $697435.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                          | Martin Marietta Materials Inc                          | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      1665 | NS      | $1036728.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc                           | Monolithic Power Systems Inc                           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1110 | NS      | $1006059.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc                                | Consolidated Edison Inc                                | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      9990 | NS      | $992206.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                                            | Exelon Corp                                            | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     28305 | NS      | $1233814.95   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                             | PACCAR Inc                                             | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     14430 | NS      | $1580229.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                     | Union Pacific Corp                                     | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     16650 | NS      | $3851478.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                                | Zoom Communications Inc                                | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |      6660 | NS      | $574691.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc                                       | Markel Group Inc                                       | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       343 | NS      | $737329.95    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                                            | GoDaddy Inc                                            | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      3885 | NS      | $482050.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                                  | Northrop Grumman Corp                                  | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      3885 | NS      | $2215265.85   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                           | Alphabet Inc                                           | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    142080 | NS      | $44584704.00  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                   | Bank of America Corp                                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    188145 | NS      | $10347975.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                                    | Vulcan Materials Co                                    | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      3885 | NS      | $1108079.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                             | Intel Corp                                             | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    122100 | NS      | $4505490.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                                    | Carrier Global Corp                                    | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     22200 | NS      | $1173048.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                            | Paychex Inc                                            | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      8880 | NS      | $996158.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                                     | Steel Dynamics Inc                                     | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      3885 | NS      | $658313.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc                          | Live Nation Entertainment Inc                          | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      3885 | NS      | $553612.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                                              | News Corp                                              | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     10545 | NS      | $275435.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                           | Alphabet Inc                                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    163725 | NS      | $51245925.00  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Polyus PJSC                                            | Polyus PJSC                                            | CUSIP: 000000000<br>LEI: 549300FUXVT7TF6ZKV71 | Long             | EC               | CORP              | RU        |       500 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Otis Worldwide Corp                                    | Otis Worldwide Corp                                    | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     11100 | NS      | $969585.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                               | Fox Corp                                               | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      3885 | NS      | $252253.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co                          | Hewlett Packard Enterprise Co                          | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     37185 | NS      | $893183.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                                  | Applied Materials Inc                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     22755 | NS      | $5847807.45   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                                     | Equity Residential                                     | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |      9435 | NS      | $594782.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                             | Copart Inc                                             | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     23865 | NS      | $934314.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                                        | Best Buy Co Inc                                        | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      5550 | NS      | $371461.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                               | eBay Inc                                               | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     12765 | NS      | $1111831.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                                     | Walt Disney Co/The                                     | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     50505 | NS      | $5745953.85   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                           | QUALCOMM Inc                                           | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     30525 | NS      | $5221301.25   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                                    | Delta Air Lines Inc                                    | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     18315 | NS      | $1271061.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T                         | Bank of New York Mellon Corp/The                       | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     18870 | NS      | $2190618.30   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                                 | Church & Dwight Co Inc                                 | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      6660 | NS      | $558441.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                                    | Elevance Health Inc                                    | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      6105 | NS      | $2140107.75   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                                         | Blackstone Inc                                         | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     20535 | NS      | $3165264.90   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                                | Marathon Petroleum Corp                                | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      8325 | NS      | $1353894.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                               | Ferguson Enterprises Inc                               | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      5550 | NS      | $1235596.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co/The                                          | Clorox Co/The                                          | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |      3330 | NS      | $335763.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                                  | Robinhood Markets Inc                                  | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     21090 | NS      | $2385279.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                          | Dynatrace Inc                                          | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |      8325 | NS      | $360805.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                                           | WP Carey Inc                                           | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |      6105 | NS      | $392917.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                          | Accenture PLC                                          | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     17205 | NS      | $4616101.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                                        | Rocket Lab Corp                                        | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11632 | NS      | $811448.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                              | Chubb Ltd                                              | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     10542 | NS      | $3290369.04   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                                    | PayPal Holdings Inc                                    | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     26640 | NS      | $1555243.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp                                | Zebra Technologies Corp                                | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |      1665 | NS      | $404295.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                                                | SLB Ltd                                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     41625 | NS      | $1597567.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                              | Flutter Entertainment PLC                              | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | US        |      4440 | NS      | $954777.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                             | Vertex Pharmaceuticals Inc                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      7215 | NS      | $3270992.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                              | ONEOK Inc                                              | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     17205 | NS      | $1264567.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                      | EOG Resources Inc                                      | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     15540 | NS      | $1631855.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** Franklin Templeton ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight