# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0001752724-23-066067
**Filing Date:** 2023-3
**Character Count:** 257659
**Document Hash:** 86a4dc871d07ba0ba025f842052a70fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-066067.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-066067

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 23761658

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

## Series and Classes Contracts Data

### JPMorgan Diversified Return International Equity ETF (Series ID: S000045406)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000141385 | JPMorgan Diversified Return International Equity ETF | JPIN            |

## Nport-Ex

**JPMorgan Diversified Return International Equity ETF**

**Schedule of Portfolio Investments as of January 31, 2023**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED MUTUAL FUNDS HOLDINGS" LIST ("the <br> List") IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS <br> NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR <br> SALES LITERATURE WITH THE GENERAL PUBLIC. The list is <br> submitted for the general information of the shareholders of the Fund. <br> It is not authorized for distribution to prospective investors in the Fund <br> unless preceded or accompanied by a prospectus. The list has been <br> created from the books and records of the Fund. Holdings are <br> available 60 days after the fund's fiscal quarter, using a trade date <br> accounting convention, by contacting the appropriate service center. <br> The list is subject to change without notice. The list is for <br> informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2023. |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — 99.2%** | **Common Stocks — 99.2%** | **Common Stocks — 99.2%** |
| **Australia — 10.8%** | **Australia — 10.8%** | **Australia — 10.8%** |
| &nbsp;&nbsp;&nbsp; AGL Energy Ltd. | 520189 | 2821129 |
| &nbsp;&nbsp;&nbsp; Altium Ltd. | 53619 | 1484553 |
| &nbsp;&nbsp;&nbsp; Alumina Ltd. | 991230 | 1102703 |
| &nbsp;&nbsp;&nbsp; Ampol Ltd. | 91414 | 1982393 |
| &nbsp;&nbsp;&nbsp; Ansell Ltd. | 108478 | 2167994 |
| &nbsp;&nbsp;&nbsp; ANZ Group Holdings Ltd. | 30845 | 548930 |
| &nbsp;&nbsp;&nbsp; APA Group | 313084 | 2343093 |
| &nbsp;&nbsp;&nbsp; Aurizon Holdings Ltd. | 258512 | 675689 |
| &nbsp;&nbsp;&nbsp; BHP Group Ltd. | 94426 | 3307002 |
| &nbsp;&nbsp;&nbsp; BlueScope Steel Ltd. | 11821 | 161197 |
| &nbsp;&nbsp;&nbsp; Charter Hall Group, REIT | 71306 | 702121 |
| &nbsp;&nbsp;&nbsp; Cochlear Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 10542 | &nbsp;&nbsp;&nbsp;&nbsp; 1592651 |
| &nbsp;&nbsp;&nbsp; Coles Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 251485 | &nbsp;&nbsp;&nbsp;&nbsp; 3163087 |
| &nbsp;&nbsp;&nbsp; CSR Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 524195 | &nbsp;&nbsp;&nbsp;&nbsp; 1961799 |
| &nbsp;&nbsp;&nbsp; Dexus, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 433602 | &nbsp;&nbsp;&nbsp;&nbsp; 2514052 |
| &nbsp;&nbsp;&nbsp; Endeavour Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 324991 | &nbsp;&nbsp;&nbsp;&nbsp; 1526015 |
| &nbsp;&nbsp;&nbsp; Flutter Entertainment plc \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9528 | &nbsp;&nbsp;&nbsp;&nbsp; 1478327 |
| &nbsp;&nbsp;&nbsp; Fortescue Metals Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 166919 | &nbsp;&nbsp;&nbsp;&nbsp; 2636579 |
| &nbsp;&nbsp;&nbsp; Glencore plc | &nbsp;&nbsp;&nbsp;&nbsp; 449392 | &nbsp;&nbsp;&nbsp;&nbsp; 3009528 |
| &nbsp;&nbsp;&nbsp; GPT Group (The), REIT | &nbsp;&nbsp;&nbsp;&nbsp; 811982 | &nbsp;&nbsp;&nbsp;&nbsp; 2632072 |
| &nbsp;&nbsp;&nbsp; Harvey Norman Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 503077 | &nbsp;&nbsp;&nbsp;&nbsp; 1597139 |
| &nbsp;&nbsp;&nbsp; Iluka Resources Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 67847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 522061 |
| &nbsp;&nbsp;&nbsp; Incitec Pivot Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 488072 | &nbsp;&nbsp;&nbsp;&nbsp; 1193440 |
| &nbsp;&nbsp;&nbsp; JB Hi-Fi Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 69766 | &nbsp;&nbsp;&nbsp;&nbsp; 2398731 |
| &nbsp;&nbsp;&nbsp; Lottery Corp. Ltd. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 639931 | &nbsp;&nbsp;&nbsp;&nbsp; 2134269 |
| &nbsp;&nbsp;&nbsp; Metcash Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 716234 | &nbsp;&nbsp;&nbsp;&nbsp; 2122503 |
| &nbsp;&nbsp;&nbsp; Mirvac Group, REIT | 1061988 | &nbsp;&nbsp;&nbsp;&nbsp; 1715758 |
| &nbsp;&nbsp;&nbsp; Origin Energy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 555712 | &nbsp;&nbsp;&nbsp;&nbsp; 2950593 |
| &nbsp;&nbsp;&nbsp; Ramsay Health Care Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 53301 | &nbsp;&nbsp;&nbsp;&nbsp; 2518672 |
| &nbsp;&nbsp;&nbsp; REA Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60259 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 35257 | &nbsp;&nbsp;&nbsp;&nbsp; 3163869 |
| &nbsp;&nbsp;&nbsp; Rio Tinto plc | &nbsp;&nbsp;&nbsp;&nbsp; 44716 | &nbsp;&nbsp;&nbsp;&nbsp; 3501319 |
| &nbsp;&nbsp;&nbsp; Santos Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 550269 | &nbsp;&nbsp;&nbsp;&nbsp; 2809056 |
| &nbsp;&nbsp;&nbsp; Sonic Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 120865 | &nbsp;&nbsp;&nbsp;&nbsp; 2707082 |
| &nbsp;&nbsp;&nbsp; South32 Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 760507 | &nbsp;&nbsp;&nbsp;&nbsp; 2440415 |
| &nbsp;&nbsp;&nbsp; Stockland, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 245944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 687234 |
| &nbsp;&nbsp;&nbsp; Tabcorp Holdings Ltd. | 1378382 | &nbsp;&nbsp;&nbsp;&nbsp; 1025234 |
| &nbsp;&nbsp;&nbsp; Telstra Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 703444 | &nbsp;&nbsp;&nbsp;&nbsp; 2033084 |
| &nbsp;&nbsp;&nbsp; Treasury Wine Estates Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 154685 | &nbsp;&nbsp;&nbsp;&nbsp; 1593377 |
| &nbsp;&nbsp;&nbsp; Vicinity Ltd., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 616730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 902302 |
| &nbsp;&nbsp;&nbsp; Wesfarmers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 80496 | &nbsp;&nbsp;&nbsp;&nbsp; 2838025 |
| &nbsp;&nbsp;&nbsp; Whitehaven Coal Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 337947 | &nbsp;&nbsp;&nbsp;&nbsp; 2009481 |
| &nbsp;&nbsp;&nbsp; WiseTech Global Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 32421 | &nbsp;&nbsp;&nbsp;&nbsp; 1405761 |
| &nbsp;&nbsp;&nbsp; Woodside Energy Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 124834 | &nbsp;&nbsp;&nbsp;&nbsp; 3232438 |
| &nbsp;&nbsp;&nbsp; Woolworths Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 16741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 427858 |
|  |  | &nbsp;&nbsp; 85800874 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Austria — 0.6%** | **Austria — 0.6%** | **Austria — 0.6%** |
| &nbsp;&nbsp;&nbsp; Mondi plc | 156619 | 2953498 |
| &nbsp;&nbsp;&nbsp; OMV AG | 32628 | 1634344 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4587842 |
| **Belgium — 0.2%** | **Belgium — 0.2%** | **Belgium — 0.2%** |
| &nbsp;&nbsp;&nbsp; D'ieteren Group | 1620 | 309607 |
| &nbsp;&nbsp;&nbsp; Etablissements Franz Colruyt NV | 6457 | 170747 |
| &nbsp;&nbsp;&nbsp; Groupe Bruxelles Lambert NV | 87 | 7443 |
| &nbsp;&nbsp;&nbsp; Proximus SADP | 111488 | 1142431 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1630228 |
| **Brazil — 0.3%** | **Brazil — 0.3%** | **Brazil — 0.3%** |
| &nbsp;&nbsp;&nbsp; Yara International ASA | 61052 | 2712621 |
| **Cambodia — 0.0% ^** | **Cambodia — 0.0% ^** | **Cambodia — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; NagaCorp Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 185231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169330 |
| **Chile — 0.5%** | **Chile — 0.5%** | **Chile — 0.5%** |
| &nbsp;&nbsp;&nbsp; Antofagasta plc | &nbsp;&nbsp;&nbsp;&nbsp; 172163 | &nbsp;&nbsp;&nbsp;&nbsp; 3699193 |
| **China — 1.6%** | **China — 1.6%** | **China — 1.6%** |
| &nbsp;&nbsp;&nbsp; Budweiser Brewing Co. APAC Ltd. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 678200 | &nbsp;&nbsp;&nbsp;&nbsp; 2139938 |
| &nbsp;&nbsp;&nbsp; Chow Tai Fook Jewellery Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 260600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 557856 |
| &nbsp;&nbsp;&nbsp; Lenovo Group Ltd. | 3680000 | &nbsp;&nbsp;&nbsp;&nbsp; 2951614 |
| &nbsp;&nbsp;&nbsp; SITC International Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 513381 |
| &nbsp;&nbsp;&nbsp; Want Want China Holdings Ltd. | 2708000 | &nbsp;&nbsp;&nbsp;&nbsp; 1763721 |
| &nbsp;&nbsp;&nbsp; Wilmar International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 806300 | &nbsp;&nbsp;&nbsp;&nbsp; 2506806 |
| &nbsp;&nbsp;&nbsp; Xinyi Glass Holdings Ltd. | 1017000 | &nbsp;&nbsp;&nbsp;&nbsp; 2165323 |
|  |  | &nbsp;&nbsp; 12598639 |
| **Denmark — 0.7%** | **Denmark — 0.7%** | **Denmark — 0.7%** |
| &nbsp;&nbsp;&nbsp; Carlsberg A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 17358 | &nbsp;&nbsp;&nbsp;&nbsp; 2464171 |
| &nbsp;&nbsp;&nbsp; DSV A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99589 |
| &nbsp;&nbsp;&nbsp; Novo Nordisk A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 23512 | &nbsp;&nbsp;&nbsp;&nbsp; 3253823 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5817583 |
| **Finland — 1.4%** | **Finland — 1.4%** | **Finland — 1.4%** |
| &nbsp;&nbsp;&nbsp; Elisa OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 46892 | &nbsp;&nbsp;&nbsp;&nbsp; 2671584 |
| &nbsp;&nbsp;&nbsp; Fortum OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 71336 | &nbsp;&nbsp;&nbsp;&nbsp; 1072340 |
| &nbsp;&nbsp;&nbsp; Kesko OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 99706 | &nbsp;&nbsp;&nbsp;&nbsp; 2322501 |
| &nbsp;&nbsp;&nbsp; Orion OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 14208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 761188 |
| &nbsp;&nbsp;&nbsp; Stora Enso OYJ, Class R | &nbsp;&nbsp;&nbsp;&nbsp; 126061 | &nbsp;&nbsp;&nbsp;&nbsp; 1802089 |
| &nbsp;&nbsp;&nbsp; UPM-Kymmene OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 59974 | &nbsp;&nbsp;&nbsp;&nbsp; 2173832 |
|  |  | &nbsp;&nbsp; 10803534 |
| **France — 4.6%** | **France — 4.6%** | **France — 4.6%** |
| &nbsp;&nbsp;&nbsp; Air Liquide SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 729096 |
| &nbsp;&nbsp;&nbsp; Arkema SA | &nbsp;&nbsp;&nbsp;&nbsp; 20888 | &nbsp;&nbsp;&nbsp;&nbsp; 2113610 |
| &nbsp;&nbsp;&nbsp; Capgemini SE | &nbsp;&nbsp;&nbsp;&nbsp; 15384 | &nbsp;&nbsp;&nbsp;&nbsp; 2919661 |
| &nbsp;&nbsp;&nbsp; Carrefour SA | &nbsp;&nbsp;&nbsp;&nbsp; 169341 | &nbsp;&nbsp;&nbsp;&nbsp; 3221030 |
| &nbsp;&nbsp;&nbsp; Covivio, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 15306 | &nbsp;&nbsp;&nbsp;&nbsp; 1050671 |
| &nbsp;&nbsp;&nbsp; Danone SA | &nbsp;&nbsp;&nbsp;&nbsp; 41523 | &nbsp;&nbsp;&nbsp;&nbsp; 2277092 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **France — continued** | **France — continued** | **France — continued** |
| &nbsp;&nbsp;&nbsp; Eiffage SA | 27497 | 2936970 |
| &nbsp;&nbsp;&nbsp; EssilorLuxottica SA | 2477 | 454478 |
| &nbsp;&nbsp;&nbsp; Gecina SA, REIT | 22254 | 2635980 |
| &nbsp;&nbsp;&nbsp; Klepierre SA, REIT \* | 116485 | 2956429 |
| &nbsp;&nbsp;&nbsp; Orange SA | 220297 | 2331350 |
| &nbsp;&nbsp;&nbsp; Pernod Ricard SA | 14815 | 3067150 |
| &nbsp;&nbsp;&nbsp; Publicis Groupe SA | 31670 | 2233990 |
| &nbsp;&nbsp;&nbsp; Sanofi | 9209 | 901787 |
| &nbsp;&nbsp;&nbsp; TotalEnergies SE (b) | 44796 | 2769324 |
| &nbsp;&nbsp;&nbsp; Unibail-Rodamco-Westfield, REIT \* | 8337 | 539531 |
| &nbsp;&nbsp;&nbsp; Vinci SA | 22482 | 2540232 |
| &nbsp;&nbsp;&nbsp; Vivendi SE | &nbsp;&nbsp;&nbsp;&nbsp; 78901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 847379 |
|  |  | &nbsp;&nbsp; 36525760 |
| **Germany — 2.5%** | **Germany — 2.5%** | **Germany — 2.5%** |
| &nbsp;&nbsp;&nbsp; Aroundtown SA | &nbsp;&nbsp;&nbsp;&nbsp; 115729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 322213 |
| &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp; 12491 | &nbsp;&nbsp;&nbsp;&nbsp; 1272392 |
| &nbsp;&nbsp;&nbsp; Covestro AG (a) | &nbsp;&nbsp;&nbsp;&nbsp; 14630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 673631 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Holding AG \* | &nbsp;&nbsp;&nbsp;&nbsp; 13334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 448071 |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 144323 | &nbsp;&nbsp;&nbsp;&nbsp; 3215342 |
| &nbsp;&nbsp;&nbsp; E.ON SE | &nbsp;&nbsp;&nbsp;&nbsp; 45689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 498143 |
| &nbsp;&nbsp;&nbsp; Fresenius Medical Care AG & Co. KGaA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 34211 | &nbsp;&nbsp;&nbsp;&nbsp; 1284783 |
| &nbsp;&nbsp;&nbsp; Hannover Rueck SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 716223 |
| &nbsp;&nbsp;&nbsp; Hella GmbH & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 541328 |
| &nbsp;&nbsp;&nbsp; Infineon Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 347609 |
| &nbsp;&nbsp;&nbsp; LEG Immobilien SE | &nbsp;&nbsp;&nbsp;&nbsp; 13515 | &nbsp;&nbsp;&nbsp;&nbsp; 1056523 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 42881 | &nbsp;&nbsp;&nbsp;&nbsp; 3190862 |
| &nbsp;&nbsp;&nbsp; Merck KGaA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8678 | &nbsp;&nbsp;&nbsp;&nbsp; 1811344 |
| &nbsp;&nbsp;&nbsp; SAP SE | &nbsp;&nbsp;&nbsp;&nbsp; 20544 | &nbsp;&nbsp;&nbsp;&nbsp; 2435286 |
| &nbsp;&nbsp;&nbsp; Telefonica Deutschland Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 635267 | &nbsp;&nbsp;&nbsp;&nbsp; 1871099 |
|  |  | &nbsp;&nbsp; 19684849 |
| **Hong Kong — 3.2%** | **Hong Kong — 3.2%** | **Hong Kong — 3.2%** |
| &nbsp;&nbsp;&nbsp; ASMPT Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 113700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 939120 |
| &nbsp;&nbsp;&nbsp; CK Asset Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 500500 | &nbsp;&nbsp;&nbsp;&nbsp; 3199952 |
| &nbsp;&nbsp;&nbsp; CK Infrastructure Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 477500 | &nbsp;&nbsp;&nbsp;&nbsp; 2656598 |
| &nbsp;&nbsp;&nbsp; CLP Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 325000 | &nbsp;&nbsp;&nbsp;&nbsp; 2414728 |
| &nbsp;&nbsp;&nbsp; Hong Kong & China Gas Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 785393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 788550 |
| &nbsp;&nbsp;&nbsp; Hutchison Port Holdings Trust | 2956600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 608328 |
| &nbsp;&nbsp;&nbsp; MTR Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 230000 | &nbsp;&nbsp;&nbsp;&nbsp; 1230848 |
| &nbsp;&nbsp;&nbsp; New World Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 138750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 414710 |
| &nbsp;&nbsp;&nbsp; Orient Overseas International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 73000 | &nbsp;&nbsp;&nbsp;&nbsp; 1213468 |
| &nbsp;&nbsp;&nbsp; PCCW Ltd. | 3206000 | &nbsp;&nbsp;&nbsp;&nbsp; 1575312 |
| &nbsp;&nbsp;&nbsp; Power Assets Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 521500 | &nbsp;&nbsp;&nbsp;&nbsp; 2950735 |
| &nbsp;&nbsp;&nbsp; Sun Hung Kai Properties Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 178500 | &nbsp;&nbsp;&nbsp;&nbsp; 2531422 |
| &nbsp;&nbsp;&nbsp; Swire Pacific Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 184000 | &nbsp;&nbsp;&nbsp;&nbsp; 1686156 |
| &nbsp;&nbsp;&nbsp; WH Group Ltd. (a) | 3978000 | &nbsp;&nbsp;&nbsp;&nbsp; 2449909 |
| &nbsp;&nbsp;&nbsp; Yue Yuen Industrial Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 367000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 602055 |
|  |  | &nbsp;&nbsp; 25261891 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Indonesia — 0.0% ^** | **Indonesia — 0.0% ^** | **Indonesia — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; First Pacific Co. Ltd. | 602000 | 209938 |
| **Ireland — 0.4%** | **Ireland — 0.4%** | **Ireland — 0.4%** |
| &nbsp;&nbsp;&nbsp; CRH plc | 49624 | 2318559 |
| &nbsp;&nbsp;&nbsp; Smurfit Kappa Group plc | 24742 | 1038781 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3357340 |
| **Italy — 1.9%** | **Italy — 1.9%** | **Italy — 1.9%** |
| &nbsp;&nbsp;&nbsp; A2A SpA | 486126 | 731855 |
| &nbsp;&nbsp;&nbsp; Assicurazioni Generali SpA | 52900 | 1032677 |
| &nbsp;&nbsp;&nbsp; Banca Mediolanum SpA | 68338 | 653818 |
| &nbsp;&nbsp;&nbsp; Coca-Cola HBC AG \* | 111177 | 2701756 |
| &nbsp;&nbsp;&nbsp; Davide Campari-Milano NV | 12594 | 135097 |
| &nbsp;&nbsp;&nbsp; Eni SpA | &nbsp;&nbsp;&nbsp;&nbsp; 79943 | &nbsp;&nbsp;&nbsp;&nbsp; 1230182 |
| &nbsp;&nbsp;&nbsp; Italgas SpA | &nbsp;&nbsp;&nbsp; 361922 | &nbsp;&nbsp;&nbsp;&nbsp; 2118584 |
| &nbsp;&nbsp;&nbsp; Poste Italiane SpA (a) | &nbsp;&nbsp;&nbsp; 174181 | &nbsp;&nbsp;&nbsp;&nbsp; 1860955 |
| &nbsp;&nbsp;&nbsp; Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;&nbsp; 30605 | &nbsp;&nbsp;&nbsp;&nbsp; 1340759 |
| &nbsp;&nbsp;&nbsp; Snam SpA | &nbsp;&nbsp;&nbsp; 302487 | &nbsp;&nbsp;&nbsp;&nbsp; 1540727 |
| &nbsp;&nbsp;&nbsp; Terna - Rete Elettrica Nazionale | &nbsp;&nbsp;&nbsp; 242050 | &nbsp;&nbsp;&nbsp;&nbsp; 1915066 |
|  |  | &nbsp;&nbsp; 15261476 |
| **Japan — 30.1%** | **Japan — 30.1%** | **Japan — 30.1%** |
| &nbsp;&nbsp;&nbsp; Activia Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643850 |
| &nbsp;&nbsp;&nbsp; Advance Residence Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 618018 |
| &nbsp;&nbsp;&nbsp; Advantest Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 415750 |
| &nbsp;&nbsp;&nbsp; Aeon Mall Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 23600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 332412 |
| &nbsp;&nbsp;&nbsp; AEON REIT Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 563668 |
| &nbsp;&nbsp;&nbsp; AGC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28500 | &nbsp;&nbsp;&nbsp;&nbsp; 1050106 |
| &nbsp;&nbsp;&nbsp; Ajinomoto Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 89400 | &nbsp;&nbsp;&nbsp;&nbsp; 2947392 |
| &nbsp;&nbsp;&nbsp; Alfresa Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 92000 | &nbsp;&nbsp;&nbsp;&nbsp; 1151564 |
| &nbsp;&nbsp;&nbsp; Anritsu Corp. | &nbsp;&nbsp;&nbsp; 110500 | &nbsp;&nbsp;&nbsp;&nbsp; 1058525 |
| &nbsp;&nbsp;&nbsp; Aozora Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 29500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 589829 |
| &nbsp;&nbsp;&nbsp; Asahi Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 56400 | &nbsp;&nbsp;&nbsp;&nbsp; 1862456 |
| &nbsp;&nbsp;&nbsp; Astellas Pharma, Inc. | &nbsp;&nbsp;&nbsp; 194000 | &nbsp;&nbsp;&nbsp;&nbsp; 2855706 |
| &nbsp;&nbsp;&nbsp; Brother Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 43600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 677207 |
| &nbsp;&nbsp;&nbsp; Canon Marketing Japan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 62600 | &nbsp;&nbsp;&nbsp;&nbsp; 1485839 |
| &nbsp;&nbsp;&nbsp; Canon, Inc. | &nbsp;&nbsp;&nbsp; 130200 | &nbsp;&nbsp;&nbsp;&nbsp; 2889444 |
| &nbsp;&nbsp;&nbsp; Capcom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 82200 | &nbsp;&nbsp;&nbsp;&nbsp; 2663594 |
| &nbsp;&nbsp;&nbsp; Casio Computer Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 39200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 405218 |
| &nbsp;&nbsp;&nbsp; Chubu Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp; 286100 | &nbsp;&nbsp;&nbsp;&nbsp; 3081604 |
| &nbsp;&nbsp;&nbsp; Chugai Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 73600 | &nbsp;&nbsp;&nbsp;&nbsp; 1908087 |
| &nbsp;&nbsp;&nbsp; COMSYS Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 84700 | &nbsp;&nbsp;&nbsp;&nbsp; 1615432 |
| &nbsp;&nbsp;&nbsp; Cosmo Energy Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 99200 | &nbsp;&nbsp;&nbsp;&nbsp; 2781963 |
| &nbsp;&nbsp;&nbsp; Dai Nippon Printing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 49800 | &nbsp;&nbsp;&nbsp;&nbsp; 1175760 |
| &nbsp;&nbsp;&nbsp; Daito Trust Construction Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 27500 | &nbsp;&nbsp;&nbsp;&nbsp; 2717512 |
| &nbsp;&nbsp;&nbsp; Daiwa House REIT Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 551 | &nbsp;&nbsp;&nbsp;&nbsp; 1198829 |
| &nbsp;&nbsp;&nbsp; Daiwa Securities Group, Inc. | &nbsp;&nbsp;&nbsp; 527400 | &nbsp;&nbsp;&nbsp;&nbsp; 2488853 |
| &nbsp;&nbsp;&nbsp; DIC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 25400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 472238 |
| &nbsp;&nbsp;&nbsp; Dowa Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 24200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 844899 |
| &nbsp;&nbsp;&nbsp; Electric Power Development Co. Ltd. | &nbsp;&nbsp;&nbsp; 182700 | &nbsp;&nbsp;&nbsp;&nbsp; 2948509 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; ENEOS Holdings, Inc. | 335000 | 1199366 |
| &nbsp;&nbsp;&nbsp; Fuji Media Holdings, Inc. | 18100 | 152874 |
| &nbsp;&nbsp;&nbsp; FUJIFILM Holdings Corp. | 45200 | 2392038 |
| &nbsp;&nbsp;&nbsp; Fujitsu Ltd. | 20000 | 2847589 |
| &nbsp;&nbsp;&nbsp; Fukuoka Financial Group, Inc. | 24500 | 565254 |
| &nbsp;&nbsp;&nbsp; H.U. Group Holdings, Inc. | 71000 | 1506977 |
| &nbsp;&nbsp;&nbsp; Hachijuni Bank Ltd. (The) | 155600 | 675828 |
| &nbsp;&nbsp;&nbsp; Hikari Tsushin, Inc. | 7300 | 1041990 |
| &nbsp;&nbsp;&nbsp; Hoya Corp. | 1100 | 120969 |
| &nbsp;&nbsp;&nbsp; Idemitsu Kosan Co. Ltd. | 83737 | 2093489 |
| &nbsp;&nbsp;&nbsp; Iida Group Holdings Co. Ltd. | 42500 | 708495 |
| &nbsp;&nbsp;&nbsp; Inpex Corp. | &nbsp;&nbsp;&nbsp; 261400 | &nbsp;&nbsp;&nbsp;&nbsp; 2872432 |
| &nbsp;&nbsp;&nbsp; ITOCHU Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 94800 | &nbsp;&nbsp;&nbsp;&nbsp; 3064110 |
| &nbsp;&nbsp;&nbsp; Itochu Techno-Solutions Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 613986 |
| &nbsp;&nbsp;&nbsp; Iwatani Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 37500 | &nbsp;&nbsp;&nbsp;&nbsp; 1616296 |
| &nbsp;&nbsp;&nbsp; Japan Metropolitan Fund Invest, REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1959 | &nbsp;&nbsp;&nbsp;&nbsp; 1514473 |
| &nbsp;&nbsp;&nbsp; Japan Post Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 294400 | &nbsp;&nbsp;&nbsp;&nbsp; 2584674 |
| &nbsp;&nbsp;&nbsp; Japan Post Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp; 136700 | &nbsp;&nbsp;&nbsp;&nbsp; 2438723 |
| &nbsp;&nbsp;&nbsp; Japan Real Estate Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68600 |
| &nbsp;&nbsp;&nbsp; Japan Tobacco, Inc. | &nbsp;&nbsp;&nbsp; 145500 | &nbsp;&nbsp;&nbsp;&nbsp; 2967025 |
| &nbsp;&nbsp;&nbsp; Kajima Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 66500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 816706 |
| &nbsp;&nbsp;&nbsp; Kaken Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 17500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 507953 |
| &nbsp;&nbsp;&nbsp; Kaneka Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244166 |
| &nbsp;&nbsp;&nbsp; Kansai Electric Power Co., Inc. (The) | &nbsp;&nbsp;&nbsp; 305700 | &nbsp;&nbsp;&nbsp;&nbsp; 2939946 |
| &nbsp;&nbsp;&nbsp; Kawasaki Kisen Kaisha Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 53800 | &nbsp;&nbsp;&nbsp;&nbsp; 1123391 |
| &nbsp;&nbsp;&nbsp; KDDI Corp. | &nbsp;&nbsp;&nbsp; 100500 | &nbsp;&nbsp;&nbsp;&nbsp; 3139967 |
| &nbsp;&nbsp;&nbsp; Kinden Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 48200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 552447 |
| &nbsp;&nbsp;&nbsp; Kirin Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 58700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 904551 |
| &nbsp;&nbsp;&nbsp; Kobe Steel Ltd. | &nbsp;&nbsp;&nbsp; 187300 | &nbsp;&nbsp;&nbsp;&nbsp; 1009085 |
| &nbsp;&nbsp;&nbsp; K's Holdings Corp. | &nbsp;&nbsp;&nbsp; 193800 | &nbsp;&nbsp;&nbsp;&nbsp; 1713371 |
| &nbsp;&nbsp;&nbsp; Kuraray Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 54400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 450272 |
| &nbsp;&nbsp;&nbsp; Kyowa Kirin Co. Ltd. | &nbsp;&nbsp;&nbsp; 114700 | &nbsp;&nbsp;&nbsp;&nbsp; 2557921 |
| &nbsp;&nbsp;&nbsp; Kyushu Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp; 311500 | &nbsp;&nbsp;&nbsp;&nbsp; 1793194 |
| &nbsp;&nbsp;&nbsp; Lawson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 51700 | &nbsp;&nbsp;&nbsp;&nbsp; 2067290 |
| &nbsp;&nbsp;&nbsp; Lintec Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 54000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 935119 |
| &nbsp;&nbsp;&nbsp; Mani, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 349586 |
| &nbsp;&nbsp;&nbsp; Marubeni Corp. | &nbsp;&nbsp;&nbsp; 267900 | &nbsp;&nbsp;&nbsp;&nbsp; 3286754 |
| &nbsp;&nbsp;&nbsp; Matsui Securities Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 62200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 372468 |
| &nbsp;&nbsp;&nbsp; MatsukiyoCocokara & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 27800 | &nbsp;&nbsp;&nbsp;&nbsp; 1386785 |
| &nbsp;&nbsp;&nbsp; Mebuki Financial Group, Inc. | &nbsp;&nbsp;&nbsp; 175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 455843 |
| &nbsp;&nbsp;&nbsp; Medipal Holdings Corp. | &nbsp;&nbsp;&nbsp; 109200 | &nbsp;&nbsp;&nbsp;&nbsp; 1457927 |
| &nbsp;&nbsp;&nbsp; MEIJI Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 59300 | &nbsp;&nbsp;&nbsp;&nbsp; 3058261 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Chemical Group Corp. | &nbsp;&nbsp;&nbsp; 258400 | &nbsp;&nbsp;&nbsp;&nbsp; 1449999 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 48300 | &nbsp;&nbsp;&nbsp;&nbsp; 1617372 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Estate Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 39700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510269 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Gas Chemical Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 52600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 768619 |
| &nbsp;&nbsp;&nbsp; Mitsubishi HC Capital, Inc. | &nbsp;&nbsp;&nbsp; 408400 | &nbsp;&nbsp;&nbsp;&nbsp; 2084535 |
| &nbsp;&nbsp;&nbsp; Mitsubishi UFJ Financial Group, Inc. | &nbsp;&nbsp;&nbsp; 249100 | &nbsp;&nbsp;&nbsp;&nbsp; 1824628 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; Mitsui & Co. Ltd. | 106000 | 3127291 |
| &nbsp;&nbsp;&nbsp; Mitsui Fudosan Co. Ltd. | 93400 | 1750658 |
| &nbsp;&nbsp;&nbsp; Mitsui Mining & Smelting Co. Ltd. | 62100 | 1654411 |
| &nbsp;&nbsp;&nbsp; Morinaga Milk Industry Co. Ltd. | 15800 | 584485 |
| &nbsp;&nbsp;&nbsp; MS&AD Insurance Group Holdings, Inc. | 38700 | 1241253 |
| &nbsp;&nbsp;&nbsp; NGK Spark Plug Co. Ltd. | 58300 | 1139248 |
| &nbsp;&nbsp;&nbsp; NH Foods Ltd. | 29600 | 888654 |
| &nbsp;&nbsp;&nbsp; Nifco, Inc. | 9300 | 241398 |
| &nbsp;&nbsp;&nbsp; Nintendo Co. Ltd. | 60100 | 2605804 |
| &nbsp;&nbsp;&nbsp; Nippon Electric Glass Co. Ltd. | 75200 | 1396494 |
| &nbsp;&nbsp;&nbsp; Nippon Shinyaku Co. Ltd. | 18100 | 931538 |
| &nbsp;&nbsp;&nbsp; Nippon Shokubai Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 13700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 579991 |
| &nbsp;&nbsp;&nbsp; Nippon Steel Corp. | &nbsp;&nbsp;&nbsp; 187100 | &nbsp;&nbsp;&nbsp;&nbsp; 3894438 |
| &nbsp;&nbsp;&nbsp; Nippon Telegraph & Telephone Corp. | &nbsp;&nbsp;&nbsp; 108100 | &nbsp;&nbsp;&nbsp;&nbsp; 3241435 |
| &nbsp;&nbsp;&nbsp; Nippon Yusen KK (b) | &nbsp;&nbsp;&nbsp;&nbsp; 88800 | &nbsp;&nbsp;&nbsp;&nbsp; 2112451 |
| &nbsp;&nbsp;&nbsp; Nisshin Seifun Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 44800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 561142 |
| &nbsp;&nbsp;&nbsp; Nissin Foods Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 24400 | &nbsp;&nbsp;&nbsp;&nbsp; 1907535 |
| &nbsp;&nbsp;&nbsp; Nitto Denko Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 38800 | &nbsp;&nbsp;&nbsp;&nbsp; 2507933 |
| &nbsp;&nbsp;&nbsp; NOF Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 677296 |
| &nbsp;&nbsp;&nbsp; Nomura Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 42500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169610 |
| &nbsp;&nbsp;&nbsp; Nomura Real Estate Holdings, Inc. | &nbsp;&nbsp;&nbsp; 129300 | &nbsp;&nbsp;&nbsp;&nbsp; 2849830 |
| &nbsp;&nbsp;&nbsp; Nomura Research Institute Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230473 |
| &nbsp;&nbsp;&nbsp; Obayashi Corp. | &nbsp;&nbsp;&nbsp; 118200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 916845 |
| &nbsp;&nbsp;&nbsp; Ono Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp; 109400 | &nbsp;&nbsp;&nbsp;&nbsp; 2373838 |
| &nbsp;&nbsp;&nbsp; Open House Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 65700 | &nbsp;&nbsp;&nbsp;&nbsp; 2485450 |
| &nbsp;&nbsp;&nbsp; ORIX Corp. | &nbsp;&nbsp;&nbsp; 161900 | &nbsp;&nbsp;&nbsp;&nbsp; 2846686 |
| &nbsp;&nbsp;&nbsp; Osaka Gas Co. Ltd. | &nbsp;&nbsp;&nbsp; 177600 | &nbsp;&nbsp;&nbsp;&nbsp; 2865911 |
| &nbsp;&nbsp;&nbsp; Otsuka Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 51000 | &nbsp;&nbsp;&nbsp;&nbsp; 1636102 |
| &nbsp;&nbsp;&nbsp; Resona Holdings, Inc. | &nbsp;&nbsp;&nbsp; 482500 | &nbsp;&nbsp;&nbsp;&nbsp; 2670022 |
| &nbsp;&nbsp;&nbsp; Rinnai Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434115 |
| &nbsp;&nbsp;&nbsp; Sankyo Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 39300 | &nbsp;&nbsp;&nbsp;&nbsp; 1587391 |
| &nbsp;&nbsp;&nbsp; Sapporo Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 20600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 503074 |
| &nbsp;&nbsp;&nbsp; Sawai Group Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 28600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 884878 |
| &nbsp;&nbsp;&nbsp; SBI Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 69300 | &nbsp;&nbsp;&nbsp;&nbsp; 1469112 |
| &nbsp;&nbsp;&nbsp; SCREEN Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 34500 | &nbsp;&nbsp;&nbsp;&nbsp; 2570834 |
| &nbsp;&nbsp;&nbsp; SCSK Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 50700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825773 |
| &nbsp;&nbsp;&nbsp; Seiko Epson Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 71200 | &nbsp;&nbsp;&nbsp;&nbsp; 1104170 |
| &nbsp;&nbsp;&nbsp; Sekisui Chemical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 57900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 811080 |
| &nbsp;&nbsp;&nbsp; Sekisui House Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 85200 | &nbsp;&nbsp;&nbsp;&nbsp; 1610217 |
| &nbsp;&nbsp;&nbsp; Sekisui House REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 356425 |
| &nbsp;&nbsp;&nbsp; Shimamura Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 862997 |
| &nbsp;&nbsp;&nbsp; Shionogi & Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 47300 | &nbsp;&nbsp;&nbsp;&nbsp; 2254059 |
| &nbsp;&nbsp;&nbsp; Ship Healthcare Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 462130 |
| &nbsp;&nbsp;&nbsp; Skylark Holdings Co. Ltd. \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 70100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 834251 |
| &nbsp;&nbsp;&nbsp; SoftBank Corp. | &nbsp;&nbsp;&nbsp; 263900 | &nbsp;&nbsp;&nbsp;&nbsp; 3019571 |
| &nbsp;&nbsp;&nbsp; SoftBank Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 54700 | &nbsp;&nbsp;&nbsp;&nbsp; 2589612 |
| &nbsp;&nbsp;&nbsp; Sojitz Corp. | &nbsp;&nbsp;&nbsp; 153120 | &nbsp;&nbsp;&nbsp;&nbsp; 3035807 |
| &nbsp;&nbsp;&nbsp; Sugi Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 21700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 948466 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; Sumitomo Chemical Co. Ltd. | 740800 | 2843658 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group, Inc. | 60300 | 2620704 |
| &nbsp;&nbsp;&nbsp; Sumitomo Pharma Co. Ltd. | 158600 | 1115096 |
| &nbsp;&nbsp;&nbsp; Suntory Beverage & Food Ltd. | 78400 | 2647393 |
| &nbsp;&nbsp;&nbsp; Suzuken Co. Ltd. | 23700 | 624213 |
| &nbsp;&nbsp;&nbsp; Taisho Pharmaceutical Holdings Co. Ltd. | 4000 | 168263 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co. Ltd. | 88300 | 2775922 |
| &nbsp;&nbsp;&nbsp; Teijin Ltd. | 87000 | 893345 |
| &nbsp;&nbsp;&nbsp; TIS, Inc. | 7900 | 227799 |
| &nbsp;&nbsp;&nbsp; Toho Gas Co. Ltd. | 37600 | 737401 |
| &nbsp;&nbsp;&nbsp; Tohoku Electric Power Co., Inc. | 327700 | 1762538 |
| &nbsp;&nbsp;&nbsp; Tokyo Electric Power Co. Holdings, Inc. \* | &nbsp;&nbsp;&nbsp; 765600 | &nbsp;&nbsp;&nbsp;&nbsp; 2867011 |
| &nbsp;&nbsp;&nbsp; Tokyo Electron Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6500 | &nbsp;&nbsp;&nbsp;&nbsp; 2271908 |
| &nbsp;&nbsp;&nbsp; Tokyo Gas Co. Ltd. | &nbsp;&nbsp;&nbsp; 157200 | &nbsp;&nbsp;&nbsp;&nbsp; 3291722 |
| &nbsp;&nbsp;&nbsp; Tokyo Tatemono Co. Ltd. | &nbsp;&nbsp;&nbsp; 137100 | &nbsp;&nbsp;&nbsp;&nbsp; 1699699 |
| &nbsp;&nbsp;&nbsp; Tokyu Fudosan Holdings Corp. | &nbsp;&nbsp;&nbsp; 123200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 625146 |
| &nbsp;&nbsp;&nbsp; Tosoh Corp. | &nbsp;&nbsp;&nbsp; 101400 | &nbsp;&nbsp;&nbsp;&nbsp; 1326659 |
| &nbsp;&nbsp;&nbsp; Toyo Suisan Kaisha Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 65600 | &nbsp;&nbsp;&nbsp;&nbsp; 2710645 |
| &nbsp;&nbsp;&nbsp; Toyota Boshoku Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 406394 |
| &nbsp;&nbsp;&nbsp; Toyota Industries Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 961788 |
| &nbsp;&nbsp;&nbsp; Trend Micro, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32800 | &nbsp;&nbsp;&nbsp;&nbsp; 1624060 |
| &nbsp;&nbsp;&nbsp; Tsumura & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 61500 | &nbsp;&nbsp;&nbsp;&nbsp; 1314997 |
| &nbsp;&nbsp;&nbsp; UBE Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 85500 | &nbsp;&nbsp;&nbsp;&nbsp; 1341099 |
| &nbsp;&nbsp;&nbsp; Unicharm Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27200 | &nbsp;&nbsp;&nbsp;&nbsp; 1037562 |
| &nbsp;&nbsp;&nbsp; United Urban Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 253752 |
| &nbsp;&nbsp;&nbsp; USS Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 99500 | &nbsp;&nbsp;&nbsp;&nbsp; 1636593 |
| &nbsp;&nbsp;&nbsp; Yakult Honsha Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 27000 | &nbsp;&nbsp;&nbsp;&nbsp; 1927474 |
| &nbsp;&nbsp;&nbsp; Yamada Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 447800 | &nbsp;&nbsp;&nbsp;&nbsp; 1625947 |
| &nbsp;&nbsp;&nbsp; Yamaguchi Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108587 |
| &nbsp;&nbsp;&nbsp; Yamaha Motor Co. Ltd. | &nbsp;&nbsp;&nbsp; 122700 | &nbsp;&nbsp;&nbsp;&nbsp; 3022185 |
| &nbsp;&nbsp;&nbsp; Yokohama Rubber Co. Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 69300 | &nbsp;&nbsp;&nbsp;&nbsp; 1138519 |
| &nbsp;&nbsp;&nbsp; Zeon Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 62900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 618717 |
|  |  | 238346857 |
| **Jordan — 0.3%** | **Jordan — 0.3%** | **Jordan — 0.3%** |
| &nbsp;&nbsp;&nbsp; Hikma Pharmaceuticals plc | &nbsp;&nbsp;&nbsp; 124974 | &nbsp;&nbsp;&nbsp;&nbsp; 2643714 |
| **Luxembourg — 0.2%** | **Luxembourg — 0.2%** | **Luxembourg — 0.2%** |
| &nbsp;&nbsp;&nbsp; RTL Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 25129 | &nbsp;&nbsp;&nbsp;&nbsp; 1219286 |
| **Mexico — 0.1%** | **Mexico — 0.1%** | **Mexico — 0.1%** |
| &nbsp;&nbsp;&nbsp; Fresnillo plc | &nbsp;&nbsp;&nbsp; 108327 | &nbsp;&nbsp;&nbsp;&nbsp; 1100371 |
| **Netherlands — 3.1%** | **Netherlands — 3.1%** | **Netherlands — 3.1%** |
| &nbsp;&nbsp;&nbsp; ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2678 | &nbsp;&nbsp;&nbsp;&nbsp; 1771892 |
| &nbsp;&nbsp;&nbsp; ASR Nederland NV | &nbsp;&nbsp;&nbsp;&nbsp; 57120 | &nbsp;&nbsp;&nbsp;&nbsp; 2703576 |
| &nbsp;&nbsp;&nbsp; BE Semiconductor Industries NV | &nbsp;&nbsp;&nbsp;&nbsp; 15890 | &nbsp;&nbsp;&nbsp;&nbsp; 1136553 |
| &nbsp;&nbsp;&nbsp; Heineken Holding NV | &nbsp;&nbsp;&nbsp;&nbsp; 27172 | &nbsp;&nbsp;&nbsp;&nbsp; 2243481 |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;&nbsp;&nbsp; 99785 | &nbsp;&nbsp;&nbsp;&nbsp; 2978280 |
| &nbsp;&nbsp;&nbsp; Koninklijke DSM NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8003 | &nbsp;&nbsp;&nbsp;&nbsp; 1029202 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Netherlands — continued** | **Netherlands — continued** | **Netherlands — continued** |
| &nbsp;&nbsp;&nbsp; Koninklijke KPN NV | 888985 | 3039303 |
| &nbsp;&nbsp;&nbsp; Koninklijke Philips NV | 6034 | 104180 |
| &nbsp;&nbsp;&nbsp; NN Group NV | 67185 | 2919059 |
| &nbsp;&nbsp;&nbsp; OCI NV | 19392 | 660112 |
| &nbsp;&nbsp;&nbsp; Shell plc | 110472 | 3243214 |
| &nbsp;&nbsp;&nbsp; Wolters Kluwer NV | 26718 | 2912876 |
|  |  | &nbsp;&nbsp; 24741728 |
| **New Zealand — 0.6%** | **New Zealand — 0.6%** | **New Zealand — 0.6%** |
| &nbsp;&nbsp;&nbsp; Fisher & Paykel Healthcare Corp. Ltd. | 140920 | 2312666 |
| &nbsp;&nbsp;&nbsp; Spark New Zealand Ltd. | 699873 | 2359788 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4672454 |
| **Norway — 1.1%** | **Norway — 1.1%** | **Norway — 1.1%** |
| &nbsp;&nbsp;&nbsp; Aker BP ASA | &nbsp;&nbsp;&nbsp;&nbsp; 15336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 467162 |
| &nbsp;&nbsp;&nbsp; DNB Bank ASA | &nbsp;&nbsp;&nbsp;&nbsp; 38298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 716156 |
| &nbsp;&nbsp;&nbsp; Equinor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 77323 | &nbsp;&nbsp;&nbsp;&nbsp; 2356547 |
| &nbsp;&nbsp;&nbsp; Mowi ASA | &nbsp;&nbsp;&nbsp;&nbsp; 45675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 844607 |
| &nbsp;&nbsp;&nbsp; Norsk Hydro ASA | &nbsp;&nbsp;&nbsp;&nbsp; 250110 | &nbsp;&nbsp;&nbsp;&nbsp; 2027854 |
| &nbsp;&nbsp;&nbsp; Orkla ASA | &nbsp;&nbsp;&nbsp;&nbsp; 146988 | &nbsp;&nbsp;&nbsp;&nbsp; 1097371 |
| &nbsp;&nbsp;&nbsp; Salmar ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 393480 |
| &nbsp;&nbsp;&nbsp; Telenor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 81026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 848230 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8751407 |
| **Portugal — 0.3%** | **Portugal — 0.3%** | **Portugal — 0.3%** |
| &nbsp;&nbsp;&nbsp; Jeronimo Martins SGPS SA | &nbsp;&nbsp;&nbsp;&nbsp; 102631 | &nbsp;&nbsp;&nbsp;&nbsp; 2228193 |
| **Russia — 0.0% ^** | **Russia — 0.0% ^** | **Russia — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Evraz plc ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 393430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19857 |
| **Singapore — 3.3%** | **Singapore — 3.3%** | **Singapore — 3.3%** |
| &nbsp;&nbsp;&nbsp; CapitaLand Ascendas, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 662442 | &nbsp;&nbsp;&nbsp;&nbsp; 1457790 |
| &nbsp;&nbsp;&nbsp; CapitaLand Integrated Commercial Trust, REIT | 1888508 | &nbsp;&nbsp;&nbsp;&nbsp; 3089854 |
| &nbsp;&nbsp;&nbsp; City Developments Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 62700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397946 |
| &nbsp;&nbsp;&nbsp; ComfortDelGro Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 463000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 424178 |
| &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 114300 | &nbsp;&nbsp;&nbsp;&nbsp; 3129108 |
| &nbsp;&nbsp;&nbsp; Jardine Cycle & Carriage Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 30900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 685042 |
| &nbsp;&nbsp;&nbsp; Keppel Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 433000 | &nbsp;&nbsp;&nbsp;&nbsp; 2499994 |
| &nbsp;&nbsp;&nbsp; Mapletree Pan Asia Commercial Trust, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 384300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 534724 |
| &nbsp;&nbsp;&nbsp; Oversea-Chinese Banking Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 228800 | &nbsp;&nbsp;&nbsp;&nbsp; 2260626 |
| &nbsp;&nbsp;&nbsp; Sembcorp Industries Ltd. | 1227500 | &nbsp;&nbsp;&nbsp;&nbsp; 3385045 |
| &nbsp;&nbsp;&nbsp; Singapore Telecommunications Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 878000 | &nbsp;&nbsp;&nbsp;&nbsp; 1681513 |
| &nbsp;&nbsp;&nbsp; STMicroelectronics NV | &nbsp;&nbsp;&nbsp;&nbsp; 27053 | &nbsp;&nbsp;&nbsp;&nbsp; 1273881 |
| &nbsp;&nbsp;&nbsp; Suntec, REIT | 2082100 | &nbsp;&nbsp;&nbsp;&nbsp; 2226062 |
| &nbsp;&nbsp;&nbsp; Venture Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 201700 | &nbsp;&nbsp;&nbsp;&nbsp; 2848279 |
|  |  | &nbsp;&nbsp; 25894042 |
| **South Africa — 0.4%** | **South Africa — 0.4%** | **South Africa — 0.4%** |
| &nbsp;&nbsp;&nbsp; Anglo American plc | &nbsp;&nbsp;&nbsp;&nbsp; 73761 | &nbsp;&nbsp;&nbsp;&nbsp; 3181342 |
| **South Korea — 7.0%** | **South Korea — 7.0%** | **South Korea — 7.0%** |
| &nbsp;&nbsp;&nbsp; CJ CheilJedang Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610498 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **South Korea — continued** | **South Korea — continued** | **South Korea — continued** |
| &nbsp;&nbsp;&nbsp; Daewoo Engineering & Construction Co. Ltd. \* | 131556 | 514491 |
| &nbsp;&nbsp;&nbsp; DL Holdings Co. Ltd. \* | 11639 | 579065 |
| &nbsp;&nbsp;&nbsp; E-MART, Inc. \* | 5809 | 493687 |
| &nbsp;&nbsp;&nbsp; F&F Co. Ltd. \* | 7800 | 967618 |
| &nbsp;&nbsp;&nbsp; GS Engineering & Construction Corp. \* | 66874 | 1275351 |
| &nbsp;&nbsp;&nbsp; GS Holdings Corp. \* | 5344 | 192025 |
| &nbsp;&nbsp;&nbsp; GS Retail Co. Ltd. \* | 36525 | 858409 |
| &nbsp;&nbsp;&nbsp; Hana Financial Group, Inc. | 82315 | 3270148 |
| &nbsp;&nbsp;&nbsp; Hanwha Corp. \* | 21679 | 500406 |
| &nbsp;&nbsp;&nbsp; Hanwha Life Insurance Co. Ltd. \* | 172648 | 385635 |
| &nbsp;&nbsp;&nbsp; Hite Jinro Co. Ltd. \* | 33792 | 724246 |
| &nbsp;&nbsp;&nbsp; Hyundai Department Store Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195065 |
| &nbsp;&nbsp;&nbsp; Hyundai Mobis Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 920308 |
| &nbsp;&nbsp;&nbsp; Industrial Bank of Korea \* | &nbsp;&nbsp;&nbsp; 189278 | &nbsp;&nbsp;&nbsp;&nbsp; 1579753 |
| &nbsp;&nbsp;&nbsp; KB Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 70562 | &nbsp;&nbsp;&nbsp;&nbsp; 3215680 |
| &nbsp;&nbsp;&nbsp; Kia Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 45900 | &nbsp;&nbsp;&nbsp;&nbsp; 2500722 |
| &nbsp;&nbsp;&nbsp; Korea Electric Power Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 98707 | &nbsp;&nbsp;&nbsp;&nbsp; 1593648 |
| &nbsp;&nbsp;&nbsp; Korea Gas Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 58426 | &nbsp;&nbsp;&nbsp;&nbsp; 1586788 |
| &nbsp;&nbsp;&nbsp; Korea Investment Holdings Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 294799 |
| &nbsp;&nbsp;&nbsp; Korean Air Lines Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 50616 | &nbsp;&nbsp;&nbsp;&nbsp; 1001499 |
| &nbsp;&nbsp;&nbsp; KT&G Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39722 | &nbsp;&nbsp;&nbsp;&nbsp; 2979607 |
| &nbsp;&nbsp;&nbsp; LG Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 41499 | &nbsp;&nbsp;&nbsp;&nbsp; 2794717 |
| &nbsp;&nbsp;&nbsp; LG Innotek Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 10742 | &nbsp;&nbsp;&nbsp;&nbsp; 2393201 |
| &nbsp;&nbsp;&nbsp; LG Uplus Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 99807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 902579 |
| &nbsp;&nbsp;&nbsp; Mirae Asset Securities Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218264 |
| &nbsp;&nbsp;&nbsp; NAVER Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9502 | &nbsp;&nbsp;&nbsp;&nbsp; 1578526 |
| &nbsp;&nbsp;&nbsp; NH Investment & Securities Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 58141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 435638 |
| &nbsp;&nbsp;&nbsp; NongShim Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 305312 |
| &nbsp;&nbsp;&nbsp; Orion Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16110 | &nbsp;&nbsp;&nbsp;&nbsp; 1630670 |
| &nbsp;&nbsp;&nbsp; POSCO Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9406 | &nbsp;&nbsp;&nbsp;&nbsp; 2311307 |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 59353 | &nbsp;&nbsp;&nbsp;&nbsp; 2956388 |
| &nbsp;&nbsp;&nbsp; Samsung Engineering Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 49953 | &nbsp;&nbsp;&nbsp;&nbsp; 1054212 |
| &nbsp;&nbsp;&nbsp; Samsung Securities Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 29339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 798656 |
| &nbsp;&nbsp;&nbsp; SK Hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 44127 | &nbsp;&nbsp;&nbsp;&nbsp; 3192319 |
| &nbsp;&nbsp;&nbsp; SK Square Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 823322 |
| &nbsp;&nbsp;&nbsp; SK Telecom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 53929 | &nbsp;&nbsp;&nbsp;&nbsp; 2043645 |
| &nbsp;&nbsp;&nbsp; Woori Financial Group, Inc. | &nbsp;&nbsp;&nbsp; 298334 | &nbsp;&nbsp;&nbsp;&nbsp; 3111867 |
| &nbsp;&nbsp;&nbsp; Yuhan Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 67463 | &nbsp;&nbsp;&nbsp;&nbsp; 2871590 |
|  |  | &nbsp;&nbsp; 55661661 |
| **Spain — 2.1%** | **Spain — 2.1%** | **Spain — 2.1%** |
| &nbsp;&nbsp;&nbsp; Acciona SA | &nbsp;&nbsp;&nbsp;&nbsp; 10989 | &nbsp;&nbsp;&nbsp;&nbsp; 2143955 |
| &nbsp;&nbsp;&nbsp; Corp. ACCIONA Energias Renovables SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408818 |
| &nbsp;&nbsp;&nbsp; Enagas SA | &nbsp;&nbsp;&nbsp;&nbsp; 77526 | &nbsp;&nbsp;&nbsp;&nbsp; 1390141 |
| &nbsp;&nbsp;&nbsp; Endesa SA | &nbsp;&nbsp;&nbsp; 140044 | &nbsp;&nbsp;&nbsp;&nbsp; 2792019 |
| &nbsp;&nbsp;&nbsp; Iberdrola SA | &nbsp;&nbsp;&nbsp; 266249 | &nbsp;&nbsp;&nbsp;&nbsp; 3123572 |
| &nbsp;&nbsp;&nbsp; Merlin Properties Socimi SA, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 92964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 908507 |
| &nbsp;&nbsp;&nbsp; Naturgy Energy Group SA | &nbsp;&nbsp;&nbsp; 103148 | &nbsp;&nbsp;&nbsp;&nbsp; 2925507 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Spain — continued** | **Spain — continued** | **Spain — continued** |
| &nbsp;&nbsp;&nbsp; Red Electrica Corp. SA | 94359 | 1670051 |
| &nbsp;&nbsp;&nbsp; Telefonica SA | 302311 | 1148485 |
|  |  | &nbsp;&nbsp; 16511055 |
| **Sweden — 3.1%** | **Sweden — 3.1%** | **Sweden — 3.1%** |
| &nbsp;&nbsp;&nbsp; Boliden AB | 71820 | 3223068 |
| &nbsp;&nbsp;&nbsp; Castellum AB | 132003 | 1811222 |
| &nbsp;&nbsp;&nbsp; Fastighets AB Balder, Class B \* | 113796 | 586305 |
| &nbsp;&nbsp;&nbsp; Getinge AB, Class B | 35921 | 809213 |
| &nbsp;&nbsp;&nbsp; H & M Hennes & Mauritz AB, Class B (b) | 160190 | 1972947 |
| &nbsp;&nbsp;&nbsp; Hexagon AB, Class B | 226769 | 2599568 |
| &nbsp;&nbsp;&nbsp; Investor AB, Class B | 152249 | 2958501 |
| &nbsp;&nbsp;&nbsp; Sagax AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 43509 | &nbsp;&nbsp;&nbsp;&nbsp; 1082286 |
| &nbsp;&nbsp;&nbsp; Securitas AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 218314 | &nbsp;&nbsp;&nbsp;&nbsp; 1998350 |
| &nbsp;&nbsp;&nbsp; Skanska AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 82374 | &nbsp;&nbsp;&nbsp;&nbsp; 1453909 |
| &nbsp;&nbsp;&nbsp; Tele2 AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 246643 | &nbsp;&nbsp;&nbsp;&nbsp; 2130139 |
| &nbsp;&nbsp;&nbsp; Telia Co. AB | &nbsp;&nbsp;&nbsp;&nbsp; 713847 | &nbsp;&nbsp;&nbsp;&nbsp; 1843612 |
| &nbsp;&nbsp;&nbsp; Trelleborg AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 68992 | &nbsp;&nbsp;&nbsp;&nbsp; 1725109 |
|  |  | &nbsp;&nbsp; 24194229 |
| **Switzerland — 1.4%** | **Switzerland — 1.4%** | **Switzerland — 1.4%** |
| &nbsp;&nbsp;&nbsp; EMS-Chemie Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98404 |
| &nbsp;&nbsp;&nbsp; Kuehne + Nagel International AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 974334 |
| &nbsp;&nbsp;&nbsp; Logitech International SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 231141 |
| &nbsp;&nbsp;&nbsp; Novartis AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 32046 | &nbsp;&nbsp;&nbsp;&nbsp; 2897249 |
| &nbsp;&nbsp;&nbsp; Sonova Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8798 | &nbsp;&nbsp;&nbsp;&nbsp; 2200132 |
| &nbsp;&nbsp;&nbsp; Swiss Prime Site AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 12260 | &nbsp;&nbsp;&nbsp;&nbsp; 1092468 |
| &nbsp;&nbsp;&nbsp; Swisscom AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5338 | &nbsp;&nbsp;&nbsp;&nbsp; 3153989 |
|  |  | &nbsp;&nbsp; 10647717 |
| **United Kingdom — 15.1%** | **United Kingdom — 15.1%** | **United Kingdom — 15.1%** |
| &nbsp;&nbsp;&nbsp; 3i Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 185493 | &nbsp;&nbsp;&nbsp;&nbsp; 3618922 |
| &nbsp;&nbsp;&nbsp; abrdn plc | &nbsp;&nbsp;&nbsp;&nbsp; 455234 | &nbsp;&nbsp;&nbsp;&nbsp; 1199011 |
| &nbsp;&nbsp;&nbsp; Admiral Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 63407 | &nbsp;&nbsp;&nbsp;&nbsp; 1723741 |
| &nbsp;&nbsp;&nbsp; Ashtead Group plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 257218 |
| &nbsp;&nbsp;&nbsp; Associated British Foods plc | &nbsp;&nbsp;&nbsp;&nbsp; 109745 | &nbsp;&nbsp;&nbsp;&nbsp; 2519221 |
| &nbsp;&nbsp;&nbsp; AstraZeneca plc | &nbsp;&nbsp;&nbsp;&nbsp; 23352 | &nbsp;&nbsp;&nbsp;&nbsp; 3059405 |
| &nbsp;&nbsp;&nbsp; Auto Trader Group plc (a) | &nbsp;&nbsp;&nbsp;&nbsp; 307776 | &nbsp;&nbsp;&nbsp;&nbsp; 2387876 |
| &nbsp;&nbsp;&nbsp; Aviva plc | &nbsp;&nbsp;&nbsp;&nbsp; 441817 | &nbsp;&nbsp;&nbsp;&nbsp; 2491783 |
| &nbsp;&nbsp;&nbsp; B&M European Value Retail SA | &nbsp;&nbsp;&nbsp;&nbsp; 327747 | &nbsp;&nbsp;&nbsp;&nbsp; 1812545 |
| &nbsp;&nbsp;&nbsp; BAE Systems plc | &nbsp;&nbsp;&nbsp;&nbsp; 302317 | &nbsp;&nbsp;&nbsp;&nbsp; 3200344 |
| &nbsp;&nbsp;&nbsp; Barratt Developments plc | &nbsp;&nbsp;&nbsp;&nbsp; 74010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 420653 |
| &nbsp;&nbsp;&nbsp; Bellway plc | &nbsp;&nbsp;&nbsp;&nbsp; 11680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 305498 |
| &nbsp;&nbsp;&nbsp; Berkeley Group Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397781 |
| &nbsp;&nbsp;&nbsp; BP plc | &nbsp;&nbsp;&nbsp;&nbsp; 272195 | &nbsp;&nbsp;&nbsp;&nbsp; 1644127 |
| &nbsp;&nbsp;&nbsp; British American Tobacco plc | &nbsp;&nbsp;&nbsp;&nbsp; 74684 | &nbsp;&nbsp;&nbsp;&nbsp; 2862923 |
| &nbsp;&nbsp;&nbsp; British Land Co. plc (The), REIT | &nbsp;&nbsp;&nbsp;&nbsp; 477804 | &nbsp;&nbsp;&nbsp;&nbsp; 2614963 |
| &nbsp;&nbsp;&nbsp; BT Group plc | 1518193 | &nbsp;&nbsp;&nbsp;&nbsp; 2339071 |
| &nbsp;&nbsp;&nbsp; Bunzl plc | &nbsp;&nbsp;&nbsp;&nbsp; 53811 | &nbsp;&nbsp;&nbsp;&nbsp; 1975468 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United Kingdom — continued** | **United Kingdom — continued** | **United Kingdom — continued** |
| &nbsp;&nbsp;&nbsp; Burberry Group plc | 39167 | 1193063 |
| &nbsp;&nbsp;&nbsp; Centrica plc | 2565512 | 3196125 |
| &nbsp;&nbsp;&nbsp; CK Hutchison Holdings Ltd. | 120542 | 767123 |
| &nbsp;&nbsp;&nbsp; ConvaTec Group plc (a) | 959242 | 2782254 |
| &nbsp;&nbsp;&nbsp; Croda International plc | 24678 | 2103473 |
| &nbsp;&nbsp;&nbsp; Dechra Pharmaceuticals plc | 21495 | 762345 |
| &nbsp;&nbsp;&nbsp; Derwent London plc, REIT | 65440 | 2087519 |
| &nbsp;&nbsp;&nbsp; Diageo plc | 65645 | 2870401 |
| &nbsp;&nbsp;&nbsp; Direct Line Insurance Group plc | 607455 | 1331934 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings plc | 396617 | 2922413 |
| &nbsp;&nbsp;&nbsp; IMI plc | 95558 | 1710976 |
| &nbsp;&nbsp;&nbsp; Imperial Brands plc | &nbsp;&nbsp;&nbsp;&nbsp; 116798 | &nbsp;&nbsp;&nbsp;&nbsp; 2930024 |
| &nbsp;&nbsp;&nbsp; Informa plc | &nbsp;&nbsp;&nbsp;&nbsp; 225134 | &nbsp;&nbsp;&nbsp;&nbsp; 1862028 |
| &nbsp;&nbsp;&nbsp; InterContinental Hotels Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 25004 | &nbsp;&nbsp;&nbsp;&nbsp; 1735868 |
| &nbsp;&nbsp;&nbsp; Intertek Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 20811 | &nbsp;&nbsp;&nbsp;&nbsp; 1118530 |
| &nbsp;&nbsp;&nbsp; J Sainsbury plc | &nbsp;&nbsp;&nbsp;&nbsp; 816228 | &nbsp;&nbsp;&nbsp;&nbsp; 2647095 |
| &nbsp;&nbsp;&nbsp; Johnson Matthey plc | &nbsp;&nbsp;&nbsp;&nbsp; 22911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 639968 |
| &nbsp;&nbsp;&nbsp; Land Securities Group plc, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 295578 | &nbsp;&nbsp;&nbsp;&nbsp; 2589504 |
| &nbsp;&nbsp;&nbsp; Legal & General Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 956268 | &nbsp;&nbsp;&nbsp;&nbsp; 3009320 |
| &nbsp;&nbsp;&nbsp; M&G plc | &nbsp;&nbsp;&nbsp;&nbsp; 366535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 915356 |
| &nbsp;&nbsp;&nbsp; National Grid plc | &nbsp;&nbsp;&nbsp;&nbsp; 90714 | &nbsp;&nbsp;&nbsp;&nbsp; 1153239 |
| &nbsp;&nbsp;&nbsp; Next plc | &nbsp;&nbsp;&nbsp;&nbsp; 31120 | &nbsp;&nbsp;&nbsp;&nbsp; 2547926 |
| &nbsp;&nbsp;&nbsp; Pearson plc | &nbsp;&nbsp;&nbsp;&nbsp; 256316 | &nbsp;&nbsp;&nbsp;&nbsp; 2923076 |
| &nbsp;&nbsp;&nbsp; Pennon Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 60698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 689045 |
| &nbsp;&nbsp;&nbsp; Persimmon plc | &nbsp;&nbsp;&nbsp;&nbsp; 20368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 355733 |
| &nbsp;&nbsp;&nbsp; Phoenix Group Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 191700 | &nbsp;&nbsp;&nbsp;&nbsp; 1519392 |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 39522 | &nbsp;&nbsp;&nbsp;&nbsp; 2816375 |
| &nbsp;&nbsp;&nbsp; Rentokil Initial plc | &nbsp;&nbsp;&nbsp;&nbsp; 124773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 756553 |
| &nbsp;&nbsp;&nbsp; Rightmove plc | &nbsp;&nbsp;&nbsp;&nbsp; 410876 | &nbsp;&nbsp;&nbsp;&nbsp; 2985381 |
| &nbsp;&nbsp;&nbsp; Sage Group plc (The) | &nbsp;&nbsp;&nbsp;&nbsp; 228197 | &nbsp;&nbsp;&nbsp;&nbsp; 2192442 |
| &nbsp;&nbsp;&nbsp; Segro plc, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 126859 | &nbsp;&nbsp;&nbsp;&nbsp; 1305836 |
| &nbsp;&nbsp;&nbsp; Severn Trent plc | &nbsp;&nbsp;&nbsp;&nbsp; 54088 | &nbsp;&nbsp;&nbsp;&nbsp; 1882312 |
| &nbsp;&nbsp;&nbsp; Smith & Nephew plc | &nbsp;&nbsp;&nbsp;&nbsp; 82242 | &nbsp;&nbsp;&nbsp;&nbsp; 1135790 |
| &nbsp;&nbsp;&nbsp; Smiths Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 149664 | &nbsp;&nbsp;&nbsp;&nbsp; 3194881 |
| &nbsp;&nbsp;&nbsp; Spirax-Sarco Engineering plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 482378 |
| &nbsp;&nbsp;&nbsp; SSE plc | &nbsp;&nbsp;&nbsp;&nbsp; 141100 | &nbsp;&nbsp;&nbsp;&nbsp; 3011734 |
| &nbsp;&nbsp;&nbsp; St. James's Place plc | &nbsp;&nbsp;&nbsp;&nbsp; 64117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 972254 |
| &nbsp;&nbsp;&nbsp; Standard Chartered plc | &nbsp;&nbsp;&nbsp;&nbsp; 129060 | &nbsp;&nbsp;&nbsp;&nbsp; 1084055 |
| &nbsp;&nbsp;&nbsp; Tate & Lyle plc | &nbsp;&nbsp;&nbsp;&nbsp; 257544 | &nbsp;&nbsp;&nbsp;&nbsp; 2398268 |
| &nbsp;&nbsp;&nbsp; Taylor Wimpey plc | &nbsp;&nbsp;&nbsp;&nbsp; 280583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 407104 |
| &nbsp;&nbsp;&nbsp; Tesco plc | &nbsp;&nbsp;&nbsp;&nbsp; 920546 | &nbsp;&nbsp;&nbsp;&nbsp; 2797892 |
| &nbsp;&nbsp;&nbsp; Unilever plc | &nbsp;&nbsp;&nbsp;&nbsp; 14277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 726687 |
| &nbsp;&nbsp;&nbsp; UNITE Group plc (The), REIT | &nbsp;&nbsp;&nbsp;&nbsp; 32385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 398955 |
| &nbsp;&nbsp;&nbsp; United Utilities Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 233635 | &nbsp;&nbsp;&nbsp;&nbsp; 3057132 |
| &nbsp;&nbsp;&nbsp; Vodafone Group plc | 2027479 | &nbsp;&nbsp;&nbsp;&nbsp; 2339334 |
| &nbsp;&nbsp;&nbsp; WPP plc | &nbsp;&nbsp;&nbsp;&nbsp; 228509 | &nbsp;&nbsp;&nbsp;&nbsp; 2669840 |
|  |  | 119809483 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | &nbsp;&nbsp;&nbsp; <br> **VALUE($)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United States — 2.3%** | **United States — 2.3%** | **United States — 2.3%** |
| &nbsp;&nbsp;&nbsp; CSL Ltd. | 14436 | 3048170 |
| &nbsp;&nbsp;&nbsp; Ferguson plc | 24547 | 3458552 |
| &nbsp;&nbsp;&nbsp; GSK plc | 170214 | 2989815 |
| &nbsp;&nbsp;&nbsp; Haleon plc \* | 730942 | 2929166 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG | 8697 | 2714946 |
| &nbsp;&nbsp;&nbsp; Schneider Electric SE | 7451 | 1208668 |
| &nbsp;&nbsp;&nbsp; Sims Ltd. | 134442 | 1459765 |
|  |  | &nbsp;&nbsp; 17809082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $792,397,539)<br>|  | 785553576 |
| **Short-Term Investments — 0.9%** | **Short-Term Investments — 0.9%** | **Short-Term Investments — 0.9%** |
| **Investment Companies — 0.0% ^** | **Investment Companies — 0.0% ^** | **Investment Companies — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund Class IM Shares, 4.52% (c) (d)(Cost $418,814) | &nbsp;&nbsp;&nbsp;&nbsp; 418598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 418849 |
| **Investment of Cash Collateral from Securities Loaned — 0.9%** | **Investment of Cash Collateral from Securities Loaned — 0.9%** | **Investment of Cash Collateral from Securities Loaned — 0.9%** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.57% (c) (d) | 5259225 | &nbsp;&nbsp;&nbsp;&nbsp; 5261329 |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 4.15% (c) (d) | 1581401 | &nbsp;&nbsp;&nbsp;&nbsp; 1581401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investment of Cash Collateral from Securities Loaned <br>(Cost $6,842,504)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 6842730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $7,261,318)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 7261579 |
| **Total Investments — 100.1%** <br>**(Cost $799,658,857)**<br>|  | **792815155** |
| **Liabilities in Excess of Other Assets — (0.1)%** |  | **(720178)** |
| **NET ASSETS — 100.0%** |  | **792094977** |

---

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

<br>Percentages indicated are based on net assets.<br>

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| APAC | Asia Pacific |
| OYJ | Public Limited Company |
| REIT | Real Estate Investment Trust |
| SGPS | Holding company |

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| ‡ | Value determined using significant unobservable inputs. |
| \* | Non-income producing security.  |
| (a) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities <br> offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have <br> restrictions on resale.<br>|
| (b) | The security or a portion of this security is on loan at January 31, 2023. The total value of securities on loan at January 31, 2023 is <br> $6,485,103.<br>|
| (c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan <br> Investment Management Inc.<br>|
| (d) | The rate shown is the current yield as of January 31, 2023. |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

**Summary of Investments by Industry, January 31, 2023**

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of total investments:

---

| | |
|:---|:---|
| **INDUSTRY** | **PERCENT OF** <br>**TOTAL** <br>**INVESTMENTS**<br>|
| Pharmaceuticals | &nbsp;&nbsp; 6.0% |
| Metals & Mining | &nbsp;&nbsp; 5.6 |
| Electric Utilities | &nbsp;&nbsp; 5.1 |
| Equity Real Estate Investment Trusts (REITs) | &nbsp;&nbsp; 4.9 |
| Diversified Telecommunication Services | &nbsp;&nbsp; 4.5 |
| Oil, Gas & Consumable Fuels | &nbsp;&nbsp; 4.3 |
| Food Products | &nbsp;&nbsp; 4.2 |
| Banks | &nbsp;&nbsp; 4.0 |
| Food & Staples Retailing | &nbsp;&nbsp; 3.7 |
| Chemicals | &nbsp;&nbsp; 3.4 |
| Insurance | &nbsp;&nbsp; 3.3 |
| Real Estate Management & Development | &nbsp;&nbsp; 3.1 |
| Beverages | &nbsp;&nbsp; 3.0 |
| Trading Companies & Distributors | &nbsp;&nbsp; 2.5 |
| Gas Utilities | &nbsp;&nbsp; 2.5 |
| Wireless Telecommunication Services | &nbsp;&nbsp; 1.9 |
| Semiconductors & Semiconductor Equipment | &nbsp;&nbsp; 1.9 |
| Construction & Engineering | &nbsp;&nbsp; 1.8 |
| Health Care Equipment & Supplies | &nbsp;&nbsp; 1.8 |
| Technology Hardware, Storage & Peripherals | &nbsp;&nbsp; 1.7 |
| Capital Markets | &nbsp;&nbsp; 1.5 |
| Specialty Retail | &nbsp;&nbsp; 1.5 |
| Multi-Utilities | &nbsp;&nbsp; 1.5 |
| Electronic Equipment, Instruments & Components | &nbsp;&nbsp; 1.5 |
| Tobacco | &nbsp;&nbsp; 1.5 |
| Health Care Providers & Services | &nbsp;&nbsp; 1.5 |
| Industrial Conglomerates | &nbsp;&nbsp; 1.3 |
| Automobiles | &nbsp;&nbsp; 1.3 |
| Diversified Financial Services | &nbsp;&nbsp; 1.2 |
| Software | &nbsp;&nbsp; 1.1 |
| Multiline Retail | &nbsp;&nbsp; 1.1 |
| Media | &nbsp;&nbsp; 1.1 |
| Household Durables | &nbsp;&nbsp; 1.0 |
| IT Services | &nbsp;&nbsp; 1.0 |
| Others (each less than 1.0%) | 11.8 |
| Short-Term Investments | &nbsp;&nbsp; 0.9 |

---

**Futures contracts outstanding as of January 31, 2023:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | &nbsp;&nbsp;&nbsp; **NUMBER OF** <br>**CONTRACTS**<br>| **EXPIRATION DATE** | **TRADING CURRENCY** | &nbsp;&nbsp;&nbsp; **NOTIONAL** <br>**AMOUNT ($)**<br>| &nbsp;&nbsp;&nbsp; **VALUE AND** <br>**UNREALIZED** <br>**APPRECIATION** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(DEPRECIATION) ($)**<br>|
| **Long Contracts** |  |  |  |  |  |
| MSCI EAFE E-Mini Index | 44 | 03/17/2023 | USD | 4661360 | 263624 |

---

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

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | |
|:---|:---|
| **Abbreviations** |  |
| EAFE | Europe, Australasia and Far East |
| MSCI | Morgan Stanley Capital International |
| USD | United States Dollar |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

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

**A. Valuation of Investments** — Investments are valued in accordance with U.S. generally accepted accounting principles ("GAAP") and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the "Board"), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required to determine fair value for securities that do not have readily available market quotations. Under SEC Rule 2a-5 (Good Faith Determinations of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the "Valuation Designee" to perform fair valuation determinations for the Funds on behalf of the Board subject to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee ("AVC") to help oversee and carry out the policies for the valuation of Investments held in the Funds. The Adviser, as Valuation Designee, remains responsible for the valuation determinations.

This oversight by the AVC includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the NAVs of the Fund is calculated on a valuation date. Certain foreign equity instruments are valued by applying international fair value factors provided by approved Pricing Services. The factors seek to adjust the local closing price for movements of local markets post-closing, but prior to the time the NAV is calculated.

Investments in open-end investment companies ("Underlying Funds") are valued at each Underlying Fund's NAVs per share as of the report date.

Futures contracts are generally valued on the basis of available market quotations.

Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.

The various inputs that are used in determining the valuation of the Fund's investments are summarized into the three broad levels listed below.

• Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.

• Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs.

• Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund's assumptions in determining the fair value of investments).

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.

The following table represents each valuation input as presented on the Schedule of Portfolio Investments ("SOI"):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Investments in Securities** |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Australia | $— | $85800874 | $— | $85800874 |
| &nbsp;&nbsp;&nbsp; Austria | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4587842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4587842 |
| &nbsp;&nbsp;&nbsp; Belgium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1630228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1630228 |
| &nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2712621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2712621 |
| &nbsp;&nbsp;&nbsp; Cambodia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169330 |
| &nbsp;&nbsp;&nbsp; Chile | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3699193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3699193 |

---

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1**<br> Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2**<br> Other significant<br> observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3**<br> Significant<br> unobservable inputs<br>| **Total** |
| &nbsp;&nbsp;&nbsp; China | $— | $12598639 | $— | $12598639 |
| &nbsp;&nbsp;&nbsp; Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5817583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5817583 |
| &nbsp;&nbsp;&nbsp; Finland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10803534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10803534 |
| &nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 36525760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 36525760 |
| &nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19684849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19684849 |
| &nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25261891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25261891 |
| &nbsp;&nbsp;&nbsp; Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 209938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 209938 |
| &nbsp;&nbsp;&nbsp; Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3357340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3357340 |
| &nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 15261476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 15261476 |
| &nbsp;&nbsp;&nbsp; Japan | &nbsp;&nbsp;&nbsp;&nbsp; 862997 | &nbsp;&nbsp; 237483860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 238346857 |
| &nbsp;&nbsp;&nbsp; Jordan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2643714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2643714 |
| &nbsp;&nbsp;&nbsp; Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1219286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1219286 |
| &nbsp;&nbsp;&nbsp; Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1100371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1100371 |
| &nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24741728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24741728 |
| &nbsp;&nbsp;&nbsp; New Zealand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4672454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4672454 |
| &nbsp;&nbsp;&nbsp; Norway | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8751407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8751407 |
| &nbsp;&nbsp;&nbsp; Portugal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2228193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2228193 |
| &nbsp;&nbsp;&nbsp; Russia | &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; 19857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19857 |
| &nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25894042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25894042 |
| &nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3181342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3181342 |
| &nbsp;&nbsp;&nbsp; South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 55661661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 55661661 |
| &nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16511055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16511055 |
| &nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24194229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24194229 |
| &nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10647717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10647717 |
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 119809483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 119809483 |
| &nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 17809082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 17809082 |
| &nbsp;&nbsp;&nbsp; Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 862997 | &nbsp;&nbsp; 784670722 | &nbsp;&nbsp; 19857 | &nbsp;&nbsp; 785553576 |
| Short-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 418849 | &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; 418849 |
| &nbsp;&nbsp;&nbsp; Investment of Cash Collateral from Securities Loaned | &nbsp;&nbsp; 6842730 | &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; 6842730 |
| &nbsp;&nbsp;&nbsp; Total Short-Term Investments | &nbsp;&nbsp; 7261579 | &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; 7261579 |
| **Total Investments in Securities** | $8124576 | $784670722 | $19857 | $792815155 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts | $263624 | $— | $— | $263624 |

---

There were no significant transfers into or out of level 3 for the period ended January 31, 2023.

**B. Investment Transactions with Affiliates** — The Fund invested in Underlying Funds, which are advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated

------

**JPMorgan Diversified Return International Equity ETF** <br>**SCHEDULE OF PORTFOLIO INVESTMENTS** <br>AS OF January 31, 2023 (Unaudited) (continued)

issuers. The Underlying Funds' distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** | **For the period ended January 31, 2023** |
| **Security Description** | **Value at** <br>**October 31,** <br>**2022**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**January 31,** <br>**2023**<br>| **Shares at** <br>**January 31,** <br>**2023**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund <br> Class IM Shares, 4.52% (a) (b)<br>| $569398 | $11817766 | $11969320 | $938 | $67 | $418849 | &nbsp;&nbsp;&nbsp; 418598 | $14842 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money <br> Market Fund Agency SL Class Shares, <br> 4.57% (a) (b)<br>| &nbsp;&nbsp; 2258925 | &nbsp;&nbsp; 12000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9000000 | &nbsp;&nbsp; 3333 | &nbsp;&nbsp; (929) | &nbsp;&nbsp; 5261329 | 5259225 | &nbsp;&nbsp;&nbsp;&nbsp; 58289 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money <br> Market Fund Class IM Shares, 4.15% <br> (a) (b)<br>| &nbsp;&nbsp; 1789624 | &nbsp;&nbsp; 33287452 | &nbsp;&nbsp; 33495675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 1581401 | 1581401 | &nbsp;&nbsp;&nbsp;&nbsp; 27826 | &nbsp;&nbsp; — |
| **Total** | $4617947 | $57105218 | $54464995 | $4271 | $(862) | $7261579 |  | $100957 | $— |

---

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

 <br> (a) Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. <br> (b) The rate shown is the current yield as of January 31, 2023.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** J.P. Morgan Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22903

- **c. CIK number of Registrant:** 0001485894

- **d. LEI of Registrant:** 5493001E1K1DVWDV2464

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 844-457-6383

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

- **a. Name of Series:** JPMorgan Diversified Return International Equity ETF

- **b. EDGAR series identifier (if any):** S000045406

- **c. LEI of Series:** 549300BY2GOTBGN1XN59

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $799192094.79

**Total Liabilities:** $7089481.79

**Net Assets:** $792102613.00

**Cash Not Reported:** $267850.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000141385 | 13.14%               | -1.01%               | 6.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1581633.87              | $85149087.93                               |
| Month 2  | $-11579301.14            | $1045777.16                                |
| Month 3  | $185096.01               | $48654966.04                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Orange SA                                      | Orange SA                                                             | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |    220297 | NS      | $2331349.55   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| MEIJI Holdings Co. Ltd.                        | MEIJI Holdings Co. Ltd.                                               | CUSIP: N/A<br>LEI: 5299002D52YIP6DWMV49       | Long             | EC               | CORP              | JP        |     59300 | NS      | $3058260.80   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui & Co. Ltd.                              | Mitsui & Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |    106000 | NS      | $3127290.81   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                       | Sagax AB, Class B                                                     | CUSIP: N/A<br>LEI: 549300LJX28T6OM8DT95       | Long             | EC               | CORP              | SE        |     43509 | NS      | $1082286.26   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Tate & Lyle plc                                | Tate & Lyle plc                                                       | CUSIP: N/A<br>LEI: 2138008K14474WPKZ244       | Long             | EC               | CORP              | GB        |    257544 | NS      | $2398267.58   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Idemitsu Kosan Co. Ltd.                        | Idemitsu Kosan Co. Ltd.                                               | CUSIP: N/A<br>LEI: 549300P0R46FF6DUA630       | Long             | EC               | CORP              | JP        |     83737 | NS      | $2093489.30   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Group Corp.                           | SoftBank Group Corp.                                                  | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | EC               | CORP              | JP        |     54700 | NS      | $2589611.88   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel Corp. Ltd.                              | Keppel Corp. Ltd.                                                     | CUSIP: N/A<br>LEI: 254900SQ7IPDOY6IDW33       | Long             | EC               | CORP              | SG        |    433000 | NS      | $2499994.00   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Getinge AB                                     | Getinge AB, Class B                                                   | CUSIP: N/A<br>LEI: 5493003PZ4F570G3W735       | Long             | EC               | CORP              | SE        |     35921 | NS      | $809213.31    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Unibail-Rodamco-Westfield                      | Unibail-Rodamco-Westfield                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NL        |      8337 | NS      | $539531.21    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Daewoo Engineering & Construction Co. Ltd.     | Daewoo Engineering & Construction Co. Ltd.                            | CUSIP: N/A<br>LEI: 988400P76EU13V47BI82       | Long             | EC               | CORP              | KR        |    131556 | NS      | $514491.42    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Ltd.                                 | Rio Tinto Ltd.                                                        | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |     35257 | NS      | $3163869.23   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Telenor ASA                                    | Telenor ASA                                                           | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |     81026 | NS      | $848230.05    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                                   | Mirvac Group                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1061988 | NS      | $1715758.41   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Matsui Securities Co. Ltd.                     | Matsui Securities Co. Ltd.                                            | CUSIP: N/A<br>LEI: 3538007PRKOSDN175V58       | Long             | EC               | CORP              | JP        |     62200 | NS      | $372467.91    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Medipal Holdings Corp.                         | Medipal Holdings Corp.                                                | CUSIP: N/A<br>LEI: 353800PJDODZEA4NP730       | Long             | EC               | CORP              | JP        |    109200 | NS      | $1457927.48   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| UBE Corp.                                      | UBE Corp.                                                             | CUSIP: N/A<br>LEI: 529900XMRZ2VNF3ZPS69       | Long             | EC               | CORP              | JP        |     85500 | NS      | $1341099.27   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantest Corp.                                | Advantest Corp.                                                       | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |      5800 | NS      | $415749.69    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ajinomoto Co., Inc.                            | Ajinomoto Co., Inc.                                                   | CUSIP: N/A<br>LEI: 353800UT0TLROREPIC92       | Long             | EC               | CORP              | JP        |     89400 | NS      | $2947392.44   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Trelleborg AB                                  | Trelleborg AB, Class B                                                | CUSIP: N/A<br>LEI: 213800XY16PAWG2PAD14       | Long             | EC               | CORP              | SE        |     68992 | NS      | $1725108.90   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American plc                             | Anglo American plc                                                    | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |     73761 | NS      | $3181342.23   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Pan Asia Commercial Trust            | Mapletree Pan Asia Commercial Trust                                   | CUSIP: N/A<br>LEI: 549300BF18K4IC5LZ208       | Long             | EC               | CORP              | SG        |    384300 | NS      | $534724.22    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Antofagasta plc                                | Antofagasta plc                                                       | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    172163 | NS      | $3699192.70   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Yokohama Rubber Co. Ltd. (The)                 | Yokohama Rubber Co. Ltd. (The)                                        | CUSIP: N/A<br>LEI: 52990036XNWY2FMYWB76       | Long             | EC               | CORP              | JP        |     69300 | NS      | $1138519.06   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group NV                                    | NN Group NV                                                           | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |     67185 | NS      | $2919059.01   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Fudosan Holdings Corp.                   | Tokyu Fudosan Holdings Corp.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    123200 | NS      | $625145.65    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Alumina Ltd.                                   | Alumina Ltd.                                                          | CUSIP: N/A<br>LEI: 2138002VD9MW2WT8HR38       | Long             | EC               | CORP              | AU        |    991230 | NS      | $1102702.82   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEOS Holdings, Inc.                           | ENEOS Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 3538001KQ5SAOZSQTT44       | Long             | EC               | CORP              | JP        |    335000 | NS      | $1199365.89   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Uplus Corp.                                 | LG Uplus Corp.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     99807 | NS      | $902578.71    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Morinaga Milk Industry Co. Ltd.                | Morinaga Milk Industry Co. Ltd.                                       | CUSIP: N/A<br>LEI: 529900FB91P7MVO08949       | Long             | EC               | CORP              | JP        |     15800 | NS      | $584484.67    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CJ CheilJedang Corp.                           | CJ CheilJedang Corp.                                                  | CUSIP: N/A<br>LEI: 9884008938PK154I3A92       | Long             | EC               | CORP              | KR        |      2176 | NS      | $610497.90    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd.                                       | CSL Ltd.                                                              | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |     14436 | NS      | $3048169.77   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Iida Group Holdings Co. Ltd.                   | Iida Group Holdings Co. Ltd.                                          | CUSIP: N/A<br>LEI: 35380051BV8PV1I4S949       | Long             | EC               | CORP              | JP        |     42500 | NS      | $708494.58    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Infrastructure Holdings Ltd.                | CK Infrastructure Holdings Ltd.                                       | CUSIP: N/A<br>LEI: 5299005U11RQ1C27MR12       | Long             | EC               | CORP              | BM        |    477500 | NS      | $2656598.14   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Informa plc                                    | Informa plc                                                           | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | EC               | CORP              | GB        |    225134 | NS      | $1862028.09   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissin Foods Holdings Co. Ltd.                 | Nissin Foods Holdings Co. Ltd.                                        | CUSIP: N/A<br>LEI: 529900YMZMNSHC1W6V41       | Long             | EC               | CORP              | JP        |     24400 | NS      | $1907535.44   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Korea Gas Corp.                                | Korea Gas Corp.                                                       | CUSIP: N/A<br>LEI: 988400TFZILHBD5M3R71       | Long             | EC               | CORP              | KR        |     58426 | NS      | $1586787.43   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA                       | Jeronimo Martins SGPS SA                                              | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |    102631 | NS      | $2228193.49   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Sugi Holdings Co. Ltd.                         | Sugi Holdings Co. Ltd.                                                | CUSIP: N/A<br>LEI: 529900N86BFWB1FADG87       | Long             | EC               | CORP              | JP        |     21700 | NS      | $948466.17    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hong Kong & China Gas Co. Ltd.                 | Hong Kong & China Gas Co. Ltd.                                        | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |    785393 | NS      | $788550.48    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirae Asset Securities Co. Ltd.                | Mirae Asset Securities Co. Ltd.                                       | CUSIP: N/A<br>LEI: 98840072S6T63E2V1291       | Long             | EC               | CORP              | KR        |     39317 | NS      | $218263.46    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Metropolitan Fund Invest                 | Japan Metropolitan Fund Invest                                        | CUSIP: N/A<br>LEI: 353800QDHNIP60E1LQ93       | Long             | EC               | CORP              | JP        |      1959 | NS      | $1514472.52   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                      | Danone SA                                                             | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     41523 | NS      | $2277091.75   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi                                         | Sanofi                                                                | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |      9209 | NS      | $901786.50    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Group                             | Charter Hall Group                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     71306 | NS      | $702120.67    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Oversea-Chinese Banking Corp. Ltd.             | Oversea-Chinese Banking Corp. Ltd.                                    | CUSIP: N/A<br>LEI: 5493007O3QFXCPOGWK22       | Long             | EC               | CORP              | SG        |    228800 | NS      | $2260625.56   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Mani, Inc.                                     | Mani, Inc.                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     23900 | NS      | $349586.27    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Next plc                                       | Next plc                                                              | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |     31120 | NS      | $2547925.86   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortescue Metals Group Ltd.                    | Fortescue Metals Group Ltd.                                           | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |    166919 | NS      | $2636578.98   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                        | GSK plc                                                               | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |    170214 | NS      | $2989815.50   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Berkeley Group Holdings plc                    | Berkeley Group Holdings plc                                           | CUSIP: N/A<br>LEI: 2138009OQSSLVVHQAL78       | Long             | EC               | CORP              | GB        |      7768 | NS      | $397781.37    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Fastighets AB Balder                           | Fastighets AB Balder, Class B                                         | CUSIP: N/A<br>LEI: 549300GHKJCEZOAEUU82       | Long             | EC               | CORP              | SE        |    113796 | NS      | $586304.55    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Daito Trust Construction Co. Ltd.              | Daito Trust Construction Co. Ltd.                                     | CUSIP: N/A<br>LEI: 353800QQ4DRI3KXS3038       | Long             | EC               | CORP              | JP        |     27500 | NS      | $2717511.95   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV                         | Koninklijke Philips NV                                                | CUSIP: N/A<br>LEI: H1FJE8H61JGM1JSGM897       | Long             | EC               | CORP              | NL        |      6034 | NS      | $104179.73    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Logitech International SA                      | Logitech International SA (Registered)                                | CUSIP: N/A<br>LEI: 549300SN6PRK6IJJC215       | Long             | EC               | CORP              | CH        |      3950 | NS      | $231141.33    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Iwatani Corp.                                  | Iwatani Corp.                                                         | CUSIP: N/A<br>LEI: 353800TSKIDNENNV2L96       | Long             | EC               | CORP              | JP        |     37500 | NS      | $1616295.77   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                   | British American Tobacco plc                                          | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     74684 | NS      | $2862923.27   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Smurfit Kappa Group plc                        | Smurfit Kappa Group plc                                               | CUSIP: N/A<br>LEI: 635400CPLP8H5ITDVT56       | Long             | EC               | CORP              | IE        |     24742 | NS      | $1038781.18   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Kirin Holdings Co. Ltd.                        | Kirin Holdings Co. Ltd.                                               | CUSIP: 497350108<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |     58700 | NS      | $904551.01    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| MatsukiyoCocokara & Co.                        | MatsukiyoCocokara & Co.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     27800 | NS      | $1386785.45   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Toho Gas Co. Ltd.                              | Toho Gas Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 353800BCVTE4F8012906       | Long             | EC               | CORP              | JP        |     37600 | NS      | $737401.22    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Budweiser Brewing Co. APAC Ltd.                | Budweiser Brewing Co. APAC Ltd.                                       | CUSIP: N/A<br>LEI: 549300YF1MR4GTF18132       | Long             | EC               | CORP              | KY        |    678200 | NS      | $2139938.07   | 0.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| JB Hi-Fi Ltd.                                  | JB Hi-Fi Ltd.                                                         | CUSIP: N/A<br>LEI: 529900TPC8H040Y3ZQ65       | Long             | EC               | CORP              | AU        |     69766 | NS      | $2398731.16   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonic Healthcare Ltd.                          | Sonic Healthcare Ltd.                                                 | CUSIP: N/A<br>LEI: 549300NQQ5L2NONWR862       | Long             | EC               | CORP              | AU        |    120865 | NS      | $2707082.20   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Holdings, Inc.                             | SBI Holdings, Inc.                                                    | CUSIP: N/A<br>LEI: 353800L6LMHYIPSMRQ17       | Long             | EC               | CORP              | JP        |     69300 | NS      | $1469112.13   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Engineering Co. Ltd.                   | Samsung Engineering Co. Ltd.                                          | CUSIP: N/A<br>LEI: 988400HDAY5KIVHGZ188       | Long             | EC               | CORP              | KR        |     49953 | NS      | $1054211.70   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Nitto Denko Corp.                              | Nitto Denko Corp.                                                     | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |     38800 | NS      | $2507933.43   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Corp.                                   | Hanwha Corp.                                                          | CUSIP: N/A<br>LEI: 988400JE9FIHQS7TX614       | Long             | EC               | CORP              | KR        |     21679 | NS      | $500405.88    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group plc                             | Vodafone Group plc                                                    | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |   2027479 | NS      | $2339334.21   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| D'ieteren Group                                | D'ieteren Group                                                       | CUSIP: N/A<br>LEI: 549300DV5KJ23OKVTW34       | Long             | EC               | CORP              | BE        |      1620 | NS      | $309606.92    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Tosoh Corp.                                    | Tosoh Corp.                                                           | CUSIP: N/A<br>LEI: 529900YSLFVJF2MDBX02       | Long             | EC               | CORP              | JP        |    101400 | NS      | $1326658.99   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                         | Mercedes-Benz Group AG                                                | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     42881 | NS      | $3190862.19   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVER Corp.                                    | NAVER Corp.                                                           | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |      9502 | NS      | $1578526.12   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Elisa OYJ                                      | Elisa OYJ                                                             | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |     46892 | NS      | $2671584.45   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Treasury Wine Estates Ltd.                     | Treasury Wine Estates Ltd.                                            | CUSIP: N/A<br>LEI: 529900LVOPJGAX6ILK66       | Long             | EC               | CORP              | AU        |    154685 | NS      | $1593377.12   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| EssilorLuxottica SA                            | EssilorLuxottica SA                                                   | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |      2477 | NS      | $454478.32    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamada Holdings Co. Ltd.                       | Yamada Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: 353800MDZ4K1DQKLO464       | Long             | EC               | CORP              | JP        |    447800 | NS      | $1625947.40   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Merlin Properties Socimi SA                    | Merlin Properties Socimi SA                                           | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |     92964 | NS      | $908506.99    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan U.S. Government Money Market Fund     | JPMorgan U.S. Government Money Market Fund, Share Class IM            | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |   1581401 | NS      | $1581400.79   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| RTL Group SA                                   | RTL Group SA                                                          | CUSIP: N/A<br>LEI: 5493000C8J3C3SZYS040       | Long             | EC               | CORP              | LU        |     25129 | NS      | $1219286.37   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Groupe Bruxelles Lambert NV                    | Groupe Bruxelles Lambert NV                                           | CUSIP: N/A<br>LEI: 549300KV0ZEHT2KVU152       | Long             | EC               | CORP              | BE        |        87 | NS      | $7442.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Endeavour Group Ltd.                           | Endeavour Group Ltd.                                                  | CUSIP: N/A<br>LEI: 254900JAN9FOLMWAD533       | Long             | EC               | CORP              | AU        |    324991 | NS      | $1526015.39   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Gas Co. Ltd.                             | Tokyo Gas Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 353800678EIJLOQSWZ83       | Long             | EC               | CORP              | JP        |    157200 | NS      | $3291721.61   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Sankyo Co. Ltd.                                | Sankyo Co. Ltd.                                                       | CUSIP: N/A<br>LEI: 3538009H2R9ZBZAOAK48       | Long             | EC               | CORP              | JP        |     39300 | NS      | $1587390.90   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Hella GmbH & Co. KGaA                          | Hella GmbH & Co. KGaA                                                 | CUSIP: N/A<br>LEI: 529900PLX4ADJFWIY024       | Long             | EC               | CORP              | DE        |      6431 | NS      | $541328.14    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonova Holding AG                              | Sonova Holding AG (Registered)                                        | CUSIP: N/A<br>LEI: 5299004A0QNX7FBNHS61       | Long             | EC               | CORP              | CH        |      8798 | NS      | $2200131.65   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| BE Semiconductor Industries NV                 | BE Semiconductor Industries NV                                        | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |     15890 | NS      | $1136553.52   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp.                                      | Kia Corp.                                                             | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |     45900 | NS      | $2500721.80   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamaha Motor Co. Ltd.                          | Yamaha Motor Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 3538004LR5NXILJDHY88       | Long             | EC               | CORP              | JP        |    122700 | NS      | $3022185.40   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Legal & General Group plc                      | Legal & General Group plc                                             | CUSIP: N/A<br>LEI: 213800JH9QQWHLO99821       | Long             | EC               | CORP              | GB        |    956268 | NS      | $3009320.37   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Boshoku Corp.                           | Toyota Boshoku Corp.                                                  | CUSIP: N/A<br>LEI: 529900KS87U6EY7PWG26       | Long             | EC               | CORP              | JP        |     27400 | NS      | $406393.88    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Lottery Corp. Ltd. (The)                       | Lottery Corp. Ltd. (The)                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    639931 | NS      | $2134268.88   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Dexus                                          | Dexus                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    433602 | NS      | $2514051.82   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Alfresa Holdings Corp.                         | Alfresa Holdings Corp.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     92000 | NS      | $1151563.78   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon Marketing Japan, Inc.                    | Canon Marketing Japan, Inc.                                           | CUSIP: N/A<br>LEI: 529900WMTZBIIROD5K97       | Long             | EC               | CORP              | JP        |     62600 | NS      | $1485839.43   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE Group plc (The)                          | UNITE Group plc (The)                                                 | CUSIP: N/A<br>LEI: 213800BBUUWVDH9YI827       | Long             | EC               | CORP              | GB        |     32385 | NS      | $398955.31    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Terna - Rete Elettrica Nazionale               | Terna - Rete Elettrica Nazionale                                      | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | EC               | CORP              | IT        |    242050 | NS      | $1915066.05   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Rinnai Corp.                                   | Rinnai Corp.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      5500 | NS      | $434115.10    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd.                   | Sun Hung Kai Properties Ltd.                                          | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |    178500 | NS      | $2531421.50   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Co. Ltd.                     | Mitsubishi Estate Co. Ltd.                                            | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |     39700 | NS      | $510268.93    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai Nippon Printing Co. Ltd.                   | Dai Nippon Printing Co. Ltd.                                          | CUSIP: N/A<br>LEI: 529900S7NFNQ4FT6OP83       | Long             | EC               | CORP              | JP        |     49800 | NS      | $1175760.32   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion OYJ                                      | Orion OYJ, Class B                                                    | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |     14208 | NS      | $761188.07    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Life Insurance Co. Ltd.                 | Hanwha Life Insurance Co. Ltd.                                        | CUSIP: N/A<br>LEI: 988400ZKCI3R9DQHR320       | Long             | EC               | CORP              | KR        |    172648 | NS      | $385635.30    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| MS&AD Insurance Group Holdings, Inc.           | MS&AD Insurance Group Holdings, Inc.                                  | CUSIP: N/A<br>LEI: 529900CXROT5S2HMMP26       | Long             | EC               | CORP              | JP        |     38700 | NS      | $1241252.83   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexagon AB                                     | Hexagon AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300WJFW6ILNI4TA80       | Long             | EC               | CORP              | SE        |    226769 | NS      | $2599567.81   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Rightmove plc                                  | Rightmove plc                                                         | CUSIP: N/A<br>LEI: 2138001JXGCFKBXYB828       | Long             | EC               | CORP              | GB        |    410876 | NS      | $2985381.21   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Severn Trent plc                               | Severn Trent plc                                                      | CUSIP: N/A<br>LEI: 213800RPBXRETY4A4C59       | Long             | EC               | CORP              | GB        |     54088 | NS      | $1882312.09   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Want Want China Holdings Ltd.                  | Want Want China Holdings Ltd.                                         | CUSIP: N/A<br>LEI: 5299005HZCEKX4O1J230       | Long             | EC               | CORP              | KY        |   2708000 | NS      | $1763721.32   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Eni SpA                                        | Eni SpA                                                               | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |     79943 | NS      | $1230181.68   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                       | Vinci SA                                                              | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |     22482 | NS      | $2540231.74   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                             | Publicis Groupe SA                                                    | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |     31670 | NS      | $2233990.24   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| E-MART, Inc.                                   | E-MART, Inc.                                                          | CUSIP: N/A<br>LEI: 988400SAX0Q74FRA9981       | Long             | EC               | CORP              | KR        |      5809 | NS      | $493687.04    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| City Developments Ltd.                         | City Developments Ltd.                                                | CUSIP: N/A<br>LEI: 254900BPLPJS0RJ72373       | Long             | EC               | CORP              | SG        |     62700 | NS      | $397946.10    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore plc                                   | Glencore plc                                                          | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |    449392 | NS      | $3009527.90   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd.                         | CK Asset Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |    500500 | NS      | $3199952.00   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial Bank of Korea                       | Industrial Bank of Korea                                              | CUSIP: N/A<br>LEI: 988400RBIWE3YA18PK12       | Long             | EC               | CORP              | KR        |    189278 | NS      | $1579752.71   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                             | Koninklijke KPN NV                                                    | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |    888985 | NS      | $3039302.60   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Croda International plc                        | Croda International plc                                               | CUSIP: N/A<br>LEI: 2138004WCNBFJEEOXV26       | Long             | EC               | CORP              | GB        |     24678 | NS      | $2103473.19   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Corp.                                       | LG Corp.                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     41499 | NS      | $2794717.30   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Innotek Co. Ltd.                            | LG Innotek Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 988400KTHH2LMUX7EB48       | Long             | EC               | CORP              | KR        |     10742 | NS      | $2393200.66   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities Lending Money Market Fund  | JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares | CUSIP: 46645V642<br>LEI: 5493002FD4HXUJXMRO62 | Long             | STIV             | RF                | US        |   5261529 | NS      | $5261528.71   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| St. James's Place plc                          | St. James's Place plc                                                 | CUSIP: N/A<br>LEI: 213800M993ICXOMBCP87       | Long             | EC               | CORP              | GB        |     64117 | NS      | $972253.75    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ComfortDelGro Corp. Ltd.                       | ComfortDelGro Corp. Ltd.                                              | CUSIP: N/A<br>LEI: 2549005O5PVA2JCH6Q33       | Long             | EC               | CORP              | SG        |    463000 | NS      | $424177.85    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                          | Schneider Electric SE                                                 | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |      7451 | NS      | $1208668.42   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| OMV AG                                         | OMV AG                                                                | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |     32628 | NS      | $1634344.10   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| M&G plc                                        | M&G plc                                                               | CUSIP: N/A<br>LEI: 254900TWUJUQ44TQJY84       | Long             | EC               | CORP              | GB        |    366535 | NS      | $915356.14    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd.                            | Tokyo Electron Ltd.                                                   | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |      6500 | NS      | $2271908.12   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd.                             | Telstra Group Ltd.                                                    | CUSIP: N/A<br>LEI: 894500WRW54CVN62K416       | Long             | EC               | CORP              | AU        |    703444 | NS      | $2033083.58   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| New World Development Co. Ltd.                 | New World Development Co. Ltd.                                        | CUSIP: N/A<br>LEI: 2549008GWMWXTIRL4S48       | Long             | EC               | CORP              | HK        |    138750 | NS      | $414710.49    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Incitec Pivot Ltd.                             | Incitec Pivot Ltd.                                                    | CUSIP: N/A<br>LEI: 254900UW2F3BKV6Z9V18       | Long             | EC               | CORP              | AU        |    488072 | NS      | $1193439.59   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Department Store Co. Ltd.              | Hyundai Department Store Co. Ltd.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      3888 | NS      | $195065.43    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Shinyaku Co. Ltd.                       | Nippon Shinyaku Co. Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     18100 | NS      | $931537.66    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hachijuni Bank Ltd. (The)                      | Hachijuni Bank Ltd. (The)                                             | CUSIP: N/A<br>LEI: FE70I3MHDCWOZWK19W48       | Long             | EC               | CORP              | JP        |    155600 | NS      | $675828.03    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Altium Ltd.                                    | Altium Ltd.                                                           | CUSIP: N/A<br>LEI: 5299003MG7UFQSIFH576       | Long             | EC               | CORP              | AU        |     53619 | NS      | $1484552.78   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Mining & Smelting Co. Ltd.              | Mitsui Mining & Smelting Co. Ltd.                                     | CUSIP: N/A<br>LEI: 35380021EYAHSQM25559       | Long             | EC               | CORP              | JP        |     62100 | NS      | $1654411.46   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Resona Holdings, Inc.                          | Resona Holdings, Inc.                                                 | CUSIP: N/A<br>LEI: 52990067JE75XZCYYT81       | Long             | EC               | CORP              | JP        |    482500 | NS      | $2670022.48   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| CSR Ltd.                                       | CSR Ltd.                                                              | CUSIP: N/A<br>LEI: 549300TOGR54OMW2T093       | Long             | EC               | CORP              | AU        |    524195 | NS      | $1961799.15   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi HC Capital, Inc.                    | Mitsubishi HC Capital, Inc.                                           | CUSIP: N/A<br>LEI: 353800MZ3QX9RLMH7B09       | Long             | EC               | CORP              | JP        |    408400 | NS      | $2084534.63   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Tsumura & Co.                                  | Tsumura & Co.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     61500 | NS      | $1314997.16   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Eiffage SA                                     | Eiffage SA                                                            | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |     27497 | NS      | $2936970.02   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Chemical Co. Ltd.                     | Sumitomo Chemical Co. Ltd.                                            | CUSIP: N/A<br>LEI: 353800RSAU9BD8U4DM91       | Long             | EC               | CORP              | JP        |    740800 | NS      | $2843658.51   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                 | Air Liquide SA                                                        | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |      4579 | NS      | $729096.39    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Insurance Co. Ltd.                  | Japan Post Insurance Co. Ltd.                                         | CUSIP: N/A<br>LEI: 54930042SK2Z708BA841       | Long             | EC               | CORP              | JP        |    136700 | NS      | $2438723.44   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| A2A SpA                                        | A2A SpA                                                               | CUSIP: N/A<br>LEI: 81560076E3944316DB24       | Long             | EC               | CORP              | IT        |    486126 | NS      | $731854.80    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands plc                            | Imperial Brands plc                                                   | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    116798 | NS      | $2930023.80   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuhan Corp.                                    | Yuhan Corp.                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     67463 | NS      | $2871589.75   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Venture Corp. Ltd.                             | Venture Corp. Ltd.                                                    | CUSIP: N/A<br>LEI: 254900B1NLZC3J1MAE72       | Long             | EC               | CORP              | SG        |    201700 | NS      | $2848278.69   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Engineering & Construction Corp.            | GS Engineering & Construction Corp.                                   | CUSIP: N/A<br>LEI: 988400BQ69DJXXFA0D28       | Long             | EC               | CORP              | KR        |     66874 | NS      | $1275351.33   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| abrdn plc                                      | abrdn plc                                                             | CUSIP: N/A<br>LEI: 0TMBS544NMO7GLCE7H90       | Long             | EC               | CORP              | GB        |    455234 | NS      | $1199011.26   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Assets Holdings Ltd.                     | Power Assets Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 254900JOWYUW1ZX4DF47       | Long             | EC               | CORP              | HK        |    521500 | NS      | $2950734.55   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Casio Computer Co. Ltd.                        | Casio Computer Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800JRMIABSXKHV344       | Long             | EC               | CORP              | JP        |     39200 | NS      | $405218.44    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Securities Group, Inc.                   | Daiwa Securities Group, Inc.                                          | CUSIP: N/A<br>LEI: 353800WRC7Y23PWFJG38       | Long             | EC               | CORP              | JP        |    527400 | NS      | $2488852.57   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Derwent London plc                             | Derwent London plc                                                    | CUSIP: N/A<br>LEI: 213800BXKQ9KZNUR1M61       | Long             | EC               | CORP              | GB        |     65440 | NS      | $2087519.29   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                              | Wolters Kluwer NV                                                     | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     26718 | NS      | $2912876.25   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Suisan Kaisha Ltd.                        | Toyo Suisan Kaisha Ltd.                                               | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     65600 | NS      | $2710645.42   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Shionogi & Co. Ltd.                            | Shionogi & Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 35380049VXDTHZI3DY35       | Long             | EC               | CORP              | JP        |     47300 | NS      | $2254059.06   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Recordati Industria Chimica e Farmaceutica SpA | Recordati Industria Chimica e Farmaceutica SpA                        | CUSIP: N/A<br>LEI: 815600FBF92FD3531704       | Long             | EC               | CORP              | IT        |     30605 | NS      | $1340759.04   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Castellum AB                                   | Castellum AB                                                          | CUSIP: N/A<br>LEI: 549300GU5OHTR1T5IY68       | Long             | EC               | CORP              | SE        |    132003 | NS      | $1811222.11   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Zeon Corp.                                     | Zeon Corp.                                                            | CUSIP: N/A<br>LEI: 529900UEFURDYZ4F4U10       | Long             | EC               | CORP              | JP        |     62900 | NS      | $618717.21    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosmo Energy Holdings Co. Ltd.                 | Cosmo Energy Holdings Co. Ltd.                                        | CUSIP: N/A<br>LEI: 353800Y4GZ7KR5X7L150       | Long             | EC               | CORP              | JP        |     99200 | NS      | $2781962.53   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesco plc                                      | Tesco plc                                                             | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |    920546 | NS      | $2797891.55   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                   | Iberdrola SA                                                          | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |    266249 | NS      | $3123572.43   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion Corp.                                    | Orion Corp.                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     16110 | NS      | $1630670.42   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| NOF Corp.                                      | NOF Corp.                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     15900 | NS      | $677295.75    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaken Pharmaceutical Co. Ltd.                  | Kaken Pharmaceutical Co. Ltd.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     17500 | NS      | $507953.17    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Electric Glass Co. Ltd.                 | Nippon Electric Glass Co. Ltd.                                        | CUSIP: N/A<br>LEI: 529900NCIGSAX4V03234       | Long             | EC               | CORP              | JP        |     75200 | NS      | $1396494.13   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Davide Campari-Milano NV                       | Davide Campari-Milano NV                                              | CUSIP: N/A<br>LEI: 213800ED5AN2J56N6Z02       | Long             | EC               | CORP              | NL        |     12594 | NS      | $135096.82    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Italgas SpA                                    | Italgas SpA                                                           | CUSIP: N/A<br>LEI: 815600F25FF44EF1FA76       | Long             | EC               | CORP              | IT        |    361922 | NS      | $2118584.05   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Snam SpA                                       | Snam SpA                                                              | CUSIP: N/A<br>LEI: 8156002278562044AF79       | Long             | EC               | CORP              | IT        |    302487 | NS      | $1540726.69   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Electric Power Development Co. Ltd.            | Electric Power Development Co. Ltd.                                   | CUSIP: N/A<br>LEI: 549300KMHPUAQI8VEH90       | Long             | EC               | CORP              | JP        |    182700 | NS      | $2948509.05   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Advance Residence Investment Corp.             | Advance Residence Investment Corp.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       253 | NS      | $618018.49    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group plc                                   | 3i Group plc                                                          | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    185493 | NS      | $3618922.12   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| BP plc                                         | BP plc                                                                | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |    272195 | NS      | $1644127.13   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Associated British Foods plc                   | Associated British Foods plc                                          | CUSIP: N/A<br>LEI: GBQKSY6W7G0OHCQ8OQ72       | Long             | EC               | CORP              | GB        |    109745 | NS      | $2519220.58   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Orkla ASA                                      | Orkla ASA                                                             | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               | CORP              | NO        |    146988 | NS      | $1097370.87   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Teijin Ltd.                                    | Teijin Ltd.                                                           | CUSIP: N/A<br>LEI: 3538000RF6UCIMPKCO54       | Long             | EC               | CORP              | JP        |     87000 | NS      | $893344.79    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Telecommunications Ltd.              | Singapore Telecommunications Ltd.                                     | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |    878000 | NS      | $1681513.49   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Gas Chemical Co., Inc.              | Mitsubishi Gas Chemical Co., Inc.                                     | CUSIP: N/A<br>LEI: 529900G5O4J27ZPLJJ89       | Long             | EC               | CORP              | JP        |     52600 | NS      | $768618.60    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Enagas SA                                      | Enagas SA                                                             | CUSIP: N/A<br>LEI: 213800OU3FQKGM4M2U23       | Long             | EC               | CORP              | ES        |     77526 | NS      | $1390141.55   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikari Tsushin, Inc.                           | Hikari Tsushin, Inc.                                                  | CUSIP: N/A<br>LEI: 3538001SOIIV8U3OXH94       | Long             | EC               | CORP              | JP        |      7300 | NS      | $1041989.80   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| TIS, Inc.                                      | TIS, Inc.                                                             | CUSIP: N/A<br>LEI: 35380064HYEZXBQHDF07       | Long             | EC               | CORP              | JP        |      7900 | NS      | $227799.28    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Securities Co. Ltd.                    | Samsung Securities Co. Ltd.                                           | CUSIP: N/A<br>LEI: 988400RBTJTHNUOHE716       | Long             | EC               | CORP              | KR        |     29339 | NS      | $798656.41    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Mebuki Financial Group, Inc.                   | Mebuki Financial Group, Inc.                                          | CUSIP: N/A<br>LEI: 353800K1RXV3E3JAE812       | Long             | EC               | CORP              | JP        |    175000 | NS      | $455842.98    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hite Jinro Co. Ltd.                            | Hite Jinro Co. Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     33792 | NS      | $724245.51    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Telia Co. AB                                   | Telia Co. AB                                                          | CUSIP: N/A<br>LEI: 213800FSR9RNDUOTXO25       | Long             | EC               | CORP              | SE        |    713847 | NS      | $1843611.82   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                            | MSCI EAFE E-Mini Index                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        44 | NC      | $263623.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Investment Holdings Co. Ltd.             | Korea Investment Holdings Co. Ltd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      5777 | NS      | $294798.59    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius Medical Care AG & Co. KGaA           | Fresenius Medical Care AG & Co. KGaA                                  | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |     34211 | NS      | $1284783.16   | 0.16%             |  |  |  | No            |                  2 | On Loan: —       |
| SCSK Corp.                                     | SCSK Corp.                                                            | CUSIP: N/A<br>LEI: 529900SNGFXMSUBB7864       | Long             | EC               | CORP              | JP        |     50700 | NS      | $825772.62    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Intertek Group plc                             | Intertek Group plc                                                    | CUSIP: N/A<br>LEI: 2138003GAT25WW1RN369       | Long             | EC               | CORP              | GB        |     20811 | NS      | $1118530.00   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesfarmers Ltd.                                | Wesfarmers Ltd.                                                       | CUSIP: N/A<br>LEI: 5493003L32ZX9557ST85       | Long             | EC               | CORP              | AU        |     80496 | NS      | $2838024.97   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| KT&G Corp.                                     | KT&G Corp.                                                            | CUSIP: N/A<br>LEI: 988400ZJV6ISYBLQX875       | Long             | EC               | CORP              | KR        |     39722 | NS      | $2979607.40   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| AGL Energy Ltd.                                | AGL Energy Ltd.                                                       | CUSIP: N/A<br>LEI: 549300QAZ8A74DEDXO80       | Long             | EC               | CORP              | AU        |    520189 | NS      | $2821129.07   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Telecom Co. Ltd.                            | SK Telecom Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 9884003WEA1PHW006037       | Long             | EC               | CORP              | KR        |     53929 | NS      | $2043644.78   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco, Inc.                            | Japan Tobacco, Inc.                                                   | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |    145500 | NS      | $2967024.60   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresnillo plc                                  | Fresnillo plc                                                         | CUSIP: N/A<br>LEI: 549300JXWH1UV5J0XV81       | Long             | EC               | CORP              | GB        |    108327 | NS      | $1100371.32   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Gecina SA                                      | Gecina SA                                                             | CUSIP: N/A<br>LEI: 9695003E4MMA10IBTR26       | Long             | EC               | CORP              | FR        |     22254 | NS      | $2635979.63   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp.                                   | Kajima Corp.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     66500 | NS      | $816705.60    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp.                                     | Hoya Corp.                                                            | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |      1100 | NS      | $120969.13    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyowa Kirin Co. Ltd.                           | Kyowa Kirin Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 529900TBXKVTQGYA3582       | Long             | EC               | CORP              | JP        |    114700 | NS      | $2557920.85   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| NH Foods Ltd.                                  | NH Foods Ltd.                                                         | CUSIP: N/A<br>LEI: 353800NLDBIOUQILWU82       | Long             | EC               | CORP              | JP        |     29600 | NS      | $888654.48    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Lintec Corp.                                   | Lintec Corp.                                                          | CUSIP: N/A<br>LEI: 3538002YOJO0IAM1PD28       | Long             | EC               | CORP              | JP        |     54000 | NS      | $935119.47    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Osaka Gas Co. Ltd.                             | Osaka Gas Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |    177600 | NS      | $2865910.84   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamaguchi Financial Group, Inc.                | Yamaguchi Financial Group, Inc.                                       | CUSIP: N/A<br>LEI: 353800898JPV95YSY548       | Long             | EC               | CORP              | JP        |     15700 | NS      | $108586.75    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Open House Group Co. Ltd.                      | Open House Group Co. Ltd.                                             | CUSIP: N/A<br>LEI: 529900WQOGPBIJEHW865       | Long             | EC               | CORP              | JP        |     65700 | NS      | $2485449.98   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Itochu Techno-Solutions Corp.                  | Itochu Techno-Solutions Corp.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     24800 | NS      | $613986.29    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems plc                                | BAE Systems plc                                                       | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |    302317 | NS      | $3200343.65   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                                    | Investor AB, Class B                                                  | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |    152249 | NS      | $2958500.93   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Fukuoka Financial Group, Inc.                  | Fukuoka Financial Group, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     24500 | NS      | $565254.48    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                                         | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |     99785 | NS      | $2978279.88   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJIFILM Holdings Corp.                        | FUJIFILM Holdings Corp.                                               | CUSIP: N/A<br>LEI: 529900UBKMFM0ST6H474       | Long             | EC               | CORP              | JP        |     45200 | NS      | $2392037.59   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Brother Industries Ltd.                        | Brother Industries Ltd.                                               | CUSIP: 114813108<br>LEI: 549300O5FACQ67KI6R92 | Long             | EC               | CORP              | JP        |     43600 | NS      | $677207.30    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Flutter Entertainment plc                      | Flutter Entertainment plc                                             | CUSIP: N/A<br>LEI: 635400EG4YIJLJMZJ782       | Long             | EC               | CORP              | IE        |      9528 | NS      | $1478326.74   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Group Holdings plc                     | Phoenix Group Holdings plc                                            | CUSIP: N/A<br>LEI: 2138001P49OLAEU33T68       | Long             | EC               | CORP              | GB        |    191700 | NS      | $1519392.27   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd.                              | Lenovo Group Ltd.                                                     | CUSIP: N/A<br>LEI: 254900VUZRGD5U73RE46       | Long             | EC               | CORP              | HK        |   3680000 | NS      | $2951614.02   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Swisscom AG                                    | Swisscom AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493005SL9HHOXS3B739       | Long             | EC               | CORP              | CH        |      5338 | NS      | $3153989.15   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui House Ltd.                             | Sekisui House Ltd.                                                    | CUSIP: N/A<br>LEI: 529900GMNDOYQSAJAE76       | Long             | EC               | CORP              | JP        |     85200 | NS      | $1610216.92   | 0.20%             |  |  |  | No            |                  2 | On Loan: —       |
| ASML Holding NV                                | ASML Holding NV                                                       | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      2678 | NS      | $1771892.05   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Burberry Group plc                             | Burberry Group plc                                                    | CUSIP: N/A<br>LEI: 213800PE1KEFCNFR1R50       | Long             | EC               | CORP              | GB        |     39167 | NS      | $1193063.24   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group plc (The)                           | Sage Group plc (The)                                                  | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |    228197 | NS      | $2192442.28   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Rentokil Initial plc                           | Rentokil Initial plc                                                  | CUSIP: N/A<br>LEI: 549300VN4WV7Z6T14K68       | Long             | EC               | CORP              | GB        |    124773 | NS      | $756552.78    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd.                        | DBS Group Holdings Ltd.                                               | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |    114300 | NS      | $3129107.86   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Shokubai Co. Ltd.                       | Nippon Shokubai Co. Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     13700 | NS      | $579991.44    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuehne + Nagel International AG                | Kuehne + Nagel International AG (Registered)                          | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |      4086 | NS      | $974333.81    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Orient Overseas International Ltd.             | Orient Overseas International Ltd.                                    | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | BM        |     73000 | NS      | $1213468.06   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group plc                    | Reckitt Benckiser Group plc                                           | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |     39522 | NS      | $2816374.98   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Hutchison Port Holdings Trust                  | Hutchison Port Holdings Trust                                         | CUSIP: N/A<br>LEI: 529900E8LS83XV4W6889       | Long             | EC               | CORP              | SG        |   2956600 | NS      | $608327.93    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon, Inc.                                    | Canon, Inc.                                                           | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |    130200 | NS      | $2889444.17   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| ITOCHU Corp.                                   | ITOCHU Corp.                                                          | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     94800 | NS      | $3064110.13   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH plc                                        | CRH plc                                                               | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |     49624 | NS      | $2318559.21   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Activia Properties, Inc.                       | Activia Properties, Inc.                                              | CUSIP: N/A<br>LEI: 353800RPGYN3ML8CXV54       | Long             | EC               | CORP              | JP        |       215 | NS      | $643850.14    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Kisen Kaisha Ltd.                     | Kawasaki Kisen Kaisha Ltd.                                            | CUSIP: N/A<br>LEI: 353800FL04R73DS5P870       | Long             | EC               | CORP              | JP        |     53800 | NS      | $1123390.85   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodside Energy Group Ltd.                     | Woodside Energy Group Ltd.                                            | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |    124834 | NS      | $3232437.49   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd.                                 | BHP Group Ltd.                                                        | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |     94426 | NS      | $3307002.05   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.          | Sumitomo Mitsui Financial Group, Inc.                                 | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |     60300 | NS      | $2620704.00   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp.                             | Nippon Steel Corp.                                                    | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |    187100 | NS      | $3894437.81   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Korean Air Lines Co. Ltd.                      | Korean Air Lines Co. Ltd.                                             | CUSIP: N/A<br>LEI: 988400C2UFBF4B660C58       | Long             | EC               | CORP              | KR        |     50616 | NS      | $1001499.23   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Kansai Electric Power Co., Inc. (The)          | Kansai Electric Power Co., Inc. (The)                                 | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |    305700 | NS      | $2939945.88   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| United Utilities Group plc                     | United Utilities Group plc                                            | CUSIP: N/A<br>LEI: 2138002IEYQAOC88ZJ59       | Long             | EC               | CORP              | GB        |    233635 | NS      | $3057132.02   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimamura Co. Ltd.                             | Shimamura Co. Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      9200 | NS      | $862996.97    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| STMicroelectronics NV                          | STMicroelectronics NV                                                 | CUSIP: N/A<br>LEI: 213800Z8NOHIKRI42W10       | Long             | EC               | CORP              | NL        |     27053 | NS      | $1273880.69   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co. Ltd.                              | Nintendo Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |     60100 | NS      | $2605804.14   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                         | SAP SE                                                                | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |     20544 | NS      | $2435286.23   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Hutchison Holdings Ltd.                     | CK Hutchison Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |    120542 | NS      | $767123.48    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo plc                                     | Diageo plc                                                            | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |     65645 | NS      | $2870400.54   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Aeon Mall Co. Ltd.                             | Aeon Mall Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 353800IDE3ULLSB2R846       | Long             | EC               | CORP              | JP        |     23600 | NS      | $332411.80    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke DSM NV                             | Koninklijke DSM NV                                                    | CUSIP: N/A<br>LEI: 724500SNT1MK246AHP04       | Long             | EC               | CORP              | NL        |      8003 | NS      | $1029201.72   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| First Pacific Co. Ltd.                         | First Pacific Co. Ltd.                                                | CUSIP: N/A<br>LEI: 254900VS1MDQSDM9DE09       | Long             | EC               | CORP              | BM        |    602000 | NS      | $209937.80    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubu Electric Power Co., Inc.                 | Chubu Electric Power Co., Inc.                                        | CUSIP: N/A<br>LEI: 529900A76GOP0PGNHT63       | Long             | EC               | CORP              | JP        |    286100 | NS      | $3081604.33   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| F&F Co. Ltd.                                   | F&F Co. Ltd.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      7800 | NS      | $967617.93    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| POSCO Holdings, Inc.                           | POSCO Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 988400E5HRVX81AYLM04       | Long             | EC               | CORP              | KR        |      9406 | NS      | $2311307.32   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| WPP plc                                        | WPP plc                                                               | CUSIP: N/A<br>LEI: 549300LSGBXPYHXGDT93       | Long             | EC               | CORP              | JE        |    228509 | NS      | $2669839.77   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.           | Mitsubishi UFJ Financial Group, Inc.                                  | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |    249100 | NS      | $1824627.98   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaneka Corp.                                   | Kaneka Corp.                                                          | CUSIP: N/A<br>LEI: 529900FWWCF6RY313R16       | Long             | EC               | CORP              | JP        |      9300 | NS      | $244165.82    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Assicurazioni Generali SpA                     | Assicurazioni Generali SpA                                            | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | EC               | CORP              | IT        |     52900 | NS      | $1032677.16   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| DIC Corp.                                      | DIC Corp.                                                             | CUSIP: N/A<br>LEI: 549300F1YB9ARLPUKB67       | Long             | EC               | CORP              | JP        |     25400 | NS      | $472237.97    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NGK Spark Plug Co. Ltd.                        | NGK Spark Plug Co. Ltd.                                               | CUSIP: N/A<br>LEI: 549300RG3XQGTFM4HH31       | Long             | EC               | CORP              | JP        |     58300 | NS      | $1139247.89   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui Chemical Co. Ltd.                      | Sekisui Chemical Co. Ltd.                                             | CUSIP: N/A<br>LEI: 529900KQIVT7NWFNMI70       | Long             | EC               | CORP              | JP        |     57900 | NS      | $811079.81    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| United Urban Investment Corp.                  | United Urban Investment Corp.                                         | CUSIP: N/A<br>LEI: 353800GYZWBD7BDCN841       | Long             | EC               | CORP              | JP        |       223 | NS      | $253752.26    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Mediolanum SpA                           | Banca Mediolanum SpA                                                  | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |     68338 | NS      | $653817.91    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Matthey plc                            | Johnson Matthey plc                                                   | CUSIP: N/A<br>LEI: 2138001AVBSD1HSC6Z10       | Long             | EC               | CORP              | GB        |     22911 | NS      | $639968.03    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Ono Pharmaceutical Co. Ltd.                    | Ono Pharmaceutical Co. Ltd.                                           | CUSIP: N/A<br>LEI: 529900G26L4NG4GFJZ86       | Long             | EC               | CORP              | JP        |    109400 | NS      | $2373837.66   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp.                | Mitsubishi Chemical Group Corp.                                       | CUSIP: N/A<br>LEI: 353800YNKX4RQUGAR072       | Long             | EC               | CORP              | JP        |    258400 | NS      | $1449998.59   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Daimler Truck Holding AG                       | Daimler Truck Holding AG                                              | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |     13334 | NS      | $448070.84    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Cochlear Ltd.                                  | Cochlear Ltd.                                                         | CUSIP: N/A<br>LEI: 5493001OLLWY8KV5UC08       | Long             | EC               | CORP              | AU        |     10542 | NS      | $1592651.34   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Acciona SA                                     | Acciona SA                                                            | CUSIP: N/A<br>LEI: 54930002KP75TLLLNO21       | Long             | EC               | CORP              | ES        |     10989 | NS      | $2143954.68   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| NagaCorp Ltd.                                  | NagaCorp Ltd.                                                         | CUSIP: N/A<br>LEI: 549300MMNKN0RBJELS20       | Long             | EC               | CORP              | KY        |    185231 | NS      | $169329.81    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Corp.                               | Mitsubishi Corp.                                                      | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |     48300 | NS      | $1617371.65   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Stockland                                      | Stockland                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    245944 | NS      | $687233.88    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| K's Holdings Corp.                             | K's Holdings Corp.                                                    | CUSIP: N/A<br>LEI: 3538003LJ09YLR6NHG27       | Long             | EC               | CORP              | JP        |    193800 | NS      | $1713371.29   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Suntec REIT                                    | Suntec                                                                | CUSIP: N/A<br>LEI: 549300C46QFXSI2F4K13       | Long             | EC               | CORP              | SG        |   2082100 | NS      | $2226061.89   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon plc                                     | Haleon plc                                                            | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |    730942 | NS      | $2929165.58   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Holdings, Inc.                          | Nomura Holdings, Inc.                                                 | CUSIP: N/A<br>LEI: 549300B3CEAHYG7K8164       | Long             | EC               | CORP              | JP        |     42500 | NS      | $169610.36    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever plc                                   | Unilever plc                                                          | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     14277 | NS      | $726686.76    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Securitas AB                                   | Securitas AB, Class B                                                 | CUSIP: N/A<br>LEI: 635400TTYKE8EIWDS617       | Long             | EC               | CORP              | SE        |    218314 | NS      | $1998350.07   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA                                | Norsk Hydro ASA                                                       | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |    250110 | NS      | $2027854.42   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S, Class B                                             | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     23512 | NS      | $3253822.79   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Dowa Holdings Co. Ltd.                         | Dowa Holdings Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800ZSQZKFE140A689       | Long             | EC               | CORP              | JP        |     24200 | NS      | $844898.77    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| LEG Immobilien SE                              | LEG Immobilien SE                                                     | CUSIP: N/A<br>LEI: 391200SO40AKONBO0Z96       | Long             | EC               | CORP              | DE        |     13515 | NS      | $1056523.16   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| SITC International Holdings Co. Ltd.           | SITC International Holdings Co. Ltd.                                  | CUSIP: N/A<br>LEI: 529900JUV4MOM9CE3V12       | Long             | EC               | CORP              | KY        |    235000 | NS      | $513380.90    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Co. plc (The)                     | British Land Co. plc (The)                                            | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |    477804 | NS      | $2614962.78   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Harvey Norman Holdings Ltd.                    | Harvey Norman Holdings Ltd.                                           | CUSIP: N/A<br>LEI: 529900ONRWOF42PYKU59       | Long             | EC               | CORP              | AU        |    503077 | NS      | $1597139.06   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid plc                              | National Grid plc                                                     | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |     90714 | NS      | $1153238.76   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Direct Line Insurance Group plc                | Direct Line Insurance Group plc                                       | CUSIP: N/A<br>LEI: 213800FF2R23ALJQOP04       | Long             | EC               | CORP              | GB        |    607455 | NS      | $1331933.99   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                               | Roche Holding AG                                                      | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      8697 | NS      | $2714945.99   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica Deutschland Holding AG              | Telefonica Deutschland Holding AG                                     | CUSIP: N/A<br>LEI: 391200ECRPJ3SWQJUM30       | Long             | EC               | CORP              | DE        |    635267 | NS      | $1871098.47   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Media Holdings, Inc.                      | Fuji Media Holdings, Inc.                                             | CUSIP: N/A<br>LEI: 353800TG2T8DSPV7H313       | Long             | EC               | CORP              | JP        |     18100 | NS      | $152874.01    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Evraz plc                                      | Evraz plc                                                             | CUSIP: N/A<br>LEI: 5493005B7DAN39RXLK23       | Long             | EC               | CORP              | GB        |    393430 | NS      | $19857.54     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Sembcorp Industries Ltd.                       | Sembcorp Industries Ltd.                                              | CUSIP: N/A<br>LEI: 254900J0FF14U6TPQM96       | Long             | EC               | CORP              | SG        |   1227500 | NS      | $3385045.17   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker BP ASA                                    | Aker BP ASA                                                           | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |     15336 | NS      | $467161.57    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GPT Group (The)                                | GPT Group (The)                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    811982 | NS      | $2632071.73   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Square Co. Ltd.                             | SK Square Co. Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     27792 | NS      | $823321.94    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp.                                     | KDDI Corp.                                                            | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |    100500 | NS      | $3139967.16   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Sawai Group Holdings Co. Ltd.                  | Sawai Group Holdings Co. Ltd.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     28600 | NS      | $884877.58    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinden Corp.                                   | Kinden Corp.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     48200 | NS      | $552446.63    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Vivendi SE                                     | Vivendi SE                                                            | CUSIP: N/A<br>LEI: 969500FU4DRAEVJW7U54       | Long             | EC               | CORP              | FR        |     78901 | NS      | $847379.11    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Whitehaven Coal Ltd.                           | Whitehaven Coal Ltd.                                                  | CUSIP: N/A<br>LEI: 529900WCZ4I6ZO3RRP86       | Long             | EC               | CORP              | AU        |    337947 | NS      | $2009481.19   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Aurizon Holdings Ltd.                          | Aurizon Holdings Ltd.                                                 | CUSIP: N/A<br>LEI: 5299005PC1O6NOWL3H48       | Long             | EC               | CORP              | AU        |    258512 | NS      | $675688.82    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ Group Holdings Ltd.                        | Australia & New Zealand Banking Group Ltd.                            | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |     30845 | NS      | $548930.24    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Mobis Co. Ltd.                         | Hyundai Mobis Co. Ltd.                                                | CUSIP: N/A<br>LEI: 988400HJA9E0ZVDHRS65       | Long             | EC               | CORP              | KR        |      5504 | NS      | $920308.24    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                        | E.ON SE                                                               | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |     45689 | NS      | $498142.95    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sojitz Corp.                                   | Sojitz Corp.                                                          | CUSIP: N/A<br>LEI: 5493004SE33MRLPB1W98       | Long             | EC               | CORP              | JP        |    153120 | NS      | $3035806.86   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Ship Healthcare Holdings, Inc.                 | Ship Healthcare Holdings, Inc.                                        | CUSIP: N/A<br>LEI: 353800BIFUE1L527TH13       | Long             | EC               | CORP              | JP        |     23800 | NS      | $462130.26    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Chugai Pharmaceutical Co. Ltd.                 | Chugai Pharmaceutical Co. Ltd.                                        | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |     73600 | NS      | $1908086.52   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell plc                                      | Shell plc                                                             | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    110472 | NS      | $3243213.84   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuraray Co. Ltd.                               | Kuraray Co. Ltd.                                                      | CUSIP: N/A<br>LEI: 549300W9JPTOE739QZ31       | Long             | EC               | CORP              | JP        |     54400 | NS      | $450271.51    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd.                 | Nomura Research Institute Ltd.                                        | CUSIP: N/A<br>LEI: 5299005F1HCVF4M4QN79       | Long             | EC               | CORP              | JP        |      9600 | NS      | $230472.91    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken Holding NV                            | Heineken Holding NV                                                   | CUSIP: N/A<br>LEI: 724500M1WJLFM9TYBS04       | Long             | EC               | CORP              | NL        |     27172 | NS      | $2243480.61   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuken Co. Ltd.                               | Suzuken Co. Ltd.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     23700 | NS      | $624213.26    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Aroundtown SA                                  | Aroundtown SA                                                         | CUSIP: N/A<br>LEI: 529900H4DWG3KWMBMQ39       | Long             | EC               | CORP              | LU        |    115729 | NS      | $322212.84    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Kesko OYJ                                      | Kesko OYJ, Class B                                                    | CUSIP: N/A<br>LEI: 743700OX6HSVMCAHPB95       | Long             | EC               | CORP              | FI        |     99706 | NS      | $2322500.71   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Yusen KK                                | Nippon Yusen KK                                                       | CUSIP: N/A<br>LEI: 353800YPW4XM0ZN5I149       | Long             | EC               | CORP              | JP        |     88800 | NS      | $2112451.23   | 0.27%             |  |  |  | No            |                  2 | On Loan: —       |
| Mowi ASA                                       | Mowi ASA                                                              | CUSIP: N/A<br>LEI: 549300W1OGQF5LZIH349       | Long             | EC               | CORP              | NO        |     45675 | NS      | $844607.04    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Woori Financial Group, Inc.                    | Woori Financial Group, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    298334 | NS      | $3111867.08   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Etablissements Franz Colruyt NV                | Etablissements Franz Colruyt NV                                       | CUSIP: N/A<br>LEI: 5493000O0NZ1BCXO8K39       | Long             | EC               | CORP              | BE        |      6457 | NS      | $170747.31    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Marubeni Corp.                                 | Marubeni Corp.                                                        | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |    267900 | NS      | $3286754.07   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| ASMPT Ltd.                                     | ASMPT Ltd.                                                            | CUSIP: N/A<br>LEI: 529900PYFA1HFYKPT360       | Long             | EC               | CORP              | KY        |    113700 | NS      | $939119.63    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Lawson, Inc.                                   | Lawson, Inc.                                                          | CUSIP: N/A<br>LEI: 529900IWO8XQO92PR233       | Long             | EC               | CORP              | JP        |     51700 | NS      | $2067290.14   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Suntory Beverage & Food Ltd.                   | Suntory Beverage & Food Ltd.                                          | CUSIP: N/A<br>LEI: 549300FONLMVK7YYYH41       | Long             | EC               | CORP              | JP        |     78400 | NS      | $2647393.11   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| DL Holdings Co. Ltd.                           | DL Holdings Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 988400LJMYZ3ZOXJVE47       | Long             | EC               | CORP              | KR        |     11639 | NS      | $579064.99    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Yue Yuen Industrial Holdings Ltd.              | Yue Yuen Industrial Holdings Ltd.                                     | CUSIP: N/A<br>LEI: 254900YUFIBANZ1XU687       | Long             | EC               | CORP              | BM        |    367000 | NS      | $602054.88    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro plc                                      | Segro plc                                                             | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |    126859 | NS      | $1305836.21   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Tohoku Electric Power Co., Inc.                | Tohoku Electric Power Co., Inc.                                       | CUSIP: N/A<br>LEI: 353800KTF7EYIIYHY088       | Long             | EC               | CORP              | JP        |    327700 | NS      | $1762537.82   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Arkema SA                                      | Arkema SA                                                             | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | EC               | CORP              | FR        |     20888 | NS      | $2113610.18   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Tatemono Co. Ltd.                        | Tokyo Tatemono Co. Ltd.                                               | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    137100 | NS      | $1699698.71   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Carrefour SA                                   | Carrefour SA                                                          | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |    169341 | NS      | $3221029.93   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Proximus SADP                                  | Proximus SADP                                                         | CUSIP: N/A<br>LEI: 549300CWRXC5EP004533       | Long             | EC               | CORP              | BE        |    111488 | NS      | $1142431.07   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| KB Financial Group, Inc.                       | KB Financial Group, Inc.                                              | CUSIP: N/A<br>LEI: 529900TKE4MXG3Q6GW86       | Long             | EC               | CORP              | KR        |     70562 | NS      | $3215680.34   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Group Ltd.                                  | WH Group Ltd.                                                         | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | KY        |   3978000 | NS      | $2449909.35   | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Infineon Technologies AG                       | Infineon Technologies AG                                              | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |      9653 | NS      | $347608.83    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Wilmar International Ltd.                      | Wilmar International Ltd.                                             | CUSIP: N/A<br>LEI: 549300H2EAI4YRLWBB20       | Long             | EC               | CORP              | SG        |    806300 | NS      | $2506805.54   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| USS Co. Ltd.                                   | USS Co. Ltd.                                                          | CUSIP: N/A<br>LEI: 5299000RRQD6UZXG4W72       | Long             | EC               | CORP              | JP        |     99500 | NS      | $1636593.25   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| WiseTech Global Ltd.                           | WiseTech Global Ltd.                                                  | CUSIP: N/A<br>LEI: 254900VE3AF301Q85K83       | Long             | EC               | CORP              | AU        |     32421 | NS      | $1405761.30   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Holdings Co. Ltd.                   | Japan Post Holdings Co. Ltd.                                          | CUSIP: N/A<br>LEI: 5299003D9N4JBS256X18       | Long             | EC               | CORP              | JP        |    294400 | NS      | $2584673.79   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                 | Takeda Pharmaceutical Co. Ltd.                                        | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |     88300 | NS      | $2775922.09   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Holdings Corp.                              | GS Holdings Corp.                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      5344 | NS      | $192025.07    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Aozora Bank Ltd.                               | Aozora Bank Ltd.                                                      | CUSIP: N/A<br>LEI: X0XUGKC9FD2CYUQNC010       | Long             | EC               | CORP              | JP        |     29500 | NS      | $589829.28    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Pacific Ltd.                             | Swire Pacific Ltd., Class A                                           | CUSIP: N/A<br>LEI: 549300KZOZHII0DGF611       | Long             | EC               | CORP              | HK        |    184000 | NS      | $1686156.11   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| ConvaTec Group plc                             | ConvaTec Group plc                                                    | CUSIP: N/A<br>LEI: 213800LS272L4FIDOH92       | Long             | EC               | CORP              | GB        |    959242 | NS      | $2782254.09   | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Mitsui Fudosan Co. Ltd.                        | Mitsui Fudosan Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |     93400 | NS      | $1750657.75   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| H.U. Group Holdings, Inc.                      | H.U. Group Holdings, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     71000 | NS      | $1506976.70   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| NongShim Co. Ltd.                              | NongShim Co. Ltd.                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      1095 | NS      | $305312.03    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Iluka Resources Ltd.                           | Iluka Resources Ltd.                                                  | CUSIP: N/A<br>LEI: 2549009N2Y1F4YNB0955       | Long             | EC               | CORP              | AU        |     67847 | NS      | $522060.85    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Dechra Pharmaceuticals plc                     | Dechra Pharmaceuticals plc                                            | CUSIP: N/A<br>LEI: 213800J4UVB5OWG8VX82       | Long             | EC               | CORP              | GB        |     21495 | NS      | $762345.38    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered plc                         | Standard Chartered plc                                                | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |    129060 | NS      | $1084054.74   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| J Sainsbury plc                                | J Sainsbury plc                                                       | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |    816228 | NS      | $2647094.93   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Endesa SA                                      | Endesa SA                                                             | CUSIP: N/A<br>LEI: 549300LHK07F2CHV4X31       | Long             | EC               | CORP              | ES        |    140044 | NS      | $2792018.57   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Persimmon plc                                  | Persimmon plc                                                         | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |     20368 | NS      | $355733.41    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp.                                 | Obayashi Corp.                                                        | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |    118200 | NS      | $916844.97    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Astellas Pharma, Inc.                          | Astellas Pharma, Inc.                                                 | CUSIP: N/A<br>LEI: 529900IB708DY2HBBB35       | Long             | EC               | CORP              | JP        |    194000 | NS      | $2855705.87   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Xinyi Glass Holdings Ltd.                      | Xinyi Glass Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 52990082YXVVZFK1QJ17       | Long             | EC               | CORP              | KY        |   1017000 | NS      | $2165322.62   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Capcom Co. Ltd.                                | Capcom Co. Ltd.                                                       | CUSIP: N/A<br>LEI: 529900JJWQKXS3TC8744       | Long             | EC               | CORP              | JP        |     82200 | NS      | $2663594.04   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyushu Electric Power Co., Inc.                | Kyushu Electric Power Co., Inc.                                       | CUSIP: N/A<br>LEI: 549300BYNZPLKQVQH430       | Long             | EC               | CORP              | JP        |    311500 | NS      | $1793193.99   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Poste Italiane SpA                             | Poste Italiane SpA                                                    | CUSIP: N/A<br>LEI: 815600354DEDBD0BA991       | Long             | EC               | CORP              | IT        |    174181 | NS      | $1860955.41   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| REA Group Ltd.                                 | REA Group Ltd.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |       672 | NS      | $60259.42     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Red Electrica Corp. SA                         | Red Electrica Corp. SA                                                | CUSIP: N/A<br>LEI: 5493009HMD0C90GUV498       | Long             | EC               | CORP              | ES        |     94359 | NS      | $1670050.84   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                | AstraZeneca plc                                                       | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     23352 | NS      | $3059405.00   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix, Inc.                                 | SK Hynix, Inc.                                                        | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |     44127 | NS      | $3192318.98   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Fisher & Paykel Healthcare Corp. Ltd.          | Fisher & Paykel Healthcare Corp. Ltd.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |    140920 | NS      | $2312665.85   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Smiths Group plc                               | Smiths Group plc                                                      | CUSIP: N/A<br>LEI: 213800MJL6IPZS3ASA11       | Long             | EC               | CORP              | GB        |    149664 | NS      | $3194880.69   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Spark New Zealand Ltd.                         | Spark New Zealand Ltd.                                                | CUSIP: N/A<br>LEI: 529900HUN51H3Y7QBB66       | Long             | EC               | CORP              | NZ        |    699873 | NS      | $2359788.36   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Holdings Co. Ltd.                       | Otsuka Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     51000 | NS      | $1636101.96   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX Corp.                                     | ORIX Corp.                                                            | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |    161900 | NS      | $2846685.98   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Prime Site AG                            | Swiss Prime Site AG (Registered)                                      | CUSIP: N/A<br>LEI: 506700XI9H64OPR34158       | Long             | EC               | CORP              | CH        |     12260 | NS      | $1092467.86   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Inpex Corp.                                    | Inpex Corp.                                                           | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |    261400 | NS      | $2872432.48   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Anritsu Corp.                                  | Anritsu Corp.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    110500 | NS      | $1058525.16   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto plc                                  | Rio Tinto plc                                                         | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |     44716 | NS      | $3501319.36   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicharm Corp.                                 | Unicharm Corp.                                                        | CUSIP: N/A<br>LEI: 353800UQ4BZIJTAQEG85       | Long             | EC               | CORP              | JP        |     27200 | NS      | $1037561.92   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Tabcorp Holdings Ltd.                          | Tabcorp Holdings Ltd.                                                 | CUSIP: N/A<br>LEI: 213800OCCFUN67NEY278       | Long             | EC               | CORP              | AU        |   1378382 | NS      | $1025234.22   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group plc                              | Ashtead Group plc                                                     | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |      3905 | NS      | $257217.71    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrica plc                                   | Centrica plc                                                          | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |   2565513 | NS      | $3196124.54   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Prime Money Market Fund               | JPMorgan Prime Money Market Fund, Class IM                            | CUSIP: 46637K844<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    418598 | NS      | $418848.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Trend Micro, Inc.                              | Trend Micro, Inc.                                                     | CUSIP: N/A<br>LEI: 3538005O5UJ5RNAGVE16       | Long             | EC               | CORP              | JP        |     32800 | NS      | $1624060.16   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                                    | Equinor ASA                                                           | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |     77323 | NS      | $2356547.07   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Nisshin Seifun Group, Inc.                     | Nisshin Seifun Group, Inc.                                            | CUSIP: N/A<br>LEI: 529900N4QFZS1P6PYX29       | Long             | EC               | CORP              | JP        |     44800 | NS      | $561142.05    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Santos Ltd.                                    | Santos Ltd.                                                           | CUSIP: N/A<br>LEI: 5299000RK70B5O2M7077       | Long             | EC               | CORP              | AU        |    550269 | NS      | $2809055.93   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Bellway plc                                    | Bellway plc                                                           | CUSIP: N/A<br>LEI: 213800CY4L3HST4FGZ98       | Long             | EC               | CORP              | GB        |     11680 | NS      | $305497.89    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                         | Yara International ASA                                                | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               | CORP              | NO        |     61052 | NS      | $2712621.07   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Corp.                                 | SoftBank Corp.                                                        | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |    263900 | NS      | $3019570.74   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Covestro AG                                    | Covestro AG                                                           | CUSIP: N/A<br>LEI: 3912005AWHKLQ1CPLV11       | Long             | EC               | CORP              | DE        |     14630 | NS      | $673631.35    | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nippon Telegraph & Telephone Corp.             | Nippon Telegraph & Telephone Corp.                                    | CUSIP: N/A<br>LEI: 353800VHQU5VIXVUA841       | Long             | EC               | CORP              | JP        |    108100 | NS      | $3241435.15   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| MTR Corp. Ltd.                                 | MTR Corp. Ltd.                                                        | CUSIP: N/A<br>LEI: 254900IH4U9NHH9AQM97       | Long             | EC               | CORP              | HK        |    230000 | NS      | $1230847.62   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Skanska AB                                     | Skanska AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300UINV5RINHGMG07       | Long             | EC               | CORP              | SE        |     82374 | NS      | $1453909.41   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg A/S                                  | Carlsberg A/S, Class B                                                | CUSIP: N/A<br>LEI: 5299001O0WJQYB5GYZ19       | Long             | EC               | CORP              | DK        |     17358 | NS      | $2464170.91   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                               | TotalEnergies SE                                                      | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     44796 | NS      | $2769324.33   | 0.35%             |  |  |  | No            |                  2 | On Loan: —       |
| Woolworths Group Ltd.                          | Woolworths Group Ltd.                                                 | CUSIP: N/A<br>LEI: QNWEWQBS7HP85QHXQL92       | Long             | EC               | CORP              | AU        |     16741 | NS      | $427857.66    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Naturgy Energy Group SA                        | Naturgy Energy Group SA                                               | CUSIP: N/A<br>LEI: TL2N6M87CW970S5SV098       | Long             | EC               | CORP              | ES        |    103148 | NS      | $2925506.76   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Salmar ASA                                     | Salmar ASA                                                            | CUSIP: N/A<br>LEI: 5967007LIEEXZXGDBK67       | Long             | EC               | CORP              | NO        |      8462 | NS      | $393480.14    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BT Group plc                                   | BT Group plc                                                          | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |   1518193 | NS      | $2339071.39   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica SA                                  | Telefonica SA                                                         | CUSIP: 879382109<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |    302311 | NS      | $1148485.46   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayerische Motoren Werke AG                    | Bayerische Motoren Werke AG                                           | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |     12491 | NS      | $1272391.96   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Admiral Group plc                              | Admiral Group plc                                                     | CUSIP: N/A<br>LEI: 213800FGVM7Z9EJB2685       | Long             | EC               | CORP              | GB        |     63407 | NS      | $1723740.86   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Coles Group Ltd.                               | Coles Group Ltd.                                                      | CUSIP: N/A<br>LEI: 549300OHQRG2HN8LZ793       | Long             | EC               | CORP              | AU        |    251485 | NS      | $3163087.30   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV A/S                                        | DSV A/S                                                               | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |       602 | NS      | $99588.94     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Metcash Ltd.                                   | Metcash Ltd.                                                          | CUSIP: N/A<br>LEI: 25490065W4SN3LZMX216       | Long             | EC               | CORP              | AU        |    716234 | NS      | $2122503.39   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                               | Coca-Cola HBC AG                                                      | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |    111177 | NS      | $2701755.97   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Sapporo Holdings Ltd.                          | Sapporo Holdings Ltd.                                                 | CUSIP: N/A<br>LEI: 353800ITDYV3AD2X5M34       | Long             | EC               | CORP              | JP        |     20600 | NS      | $503074.24    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Boliden AB                                     | Boliden AB                                                            | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |     71820 | NS      | $3223067.45   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikma Pharmaceuticals plc                      | Hikma Pharmaceuticals plc                                             | CUSIP: N/A<br>LEI: 549300BNS685UXH4JI75       | Long             | EC               | CORP              | GB        |    124974 | NS      | $2643714.18   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew plc                             | Smith & Nephew plc                                                    | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |     82242 | NS      | $1135790.13   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| AGC, Inc.                                      | AGC, Inc.                                                             | CUSIP: N/A<br>LEI: JE4WFFEELMVPFZ0G1E77       | Long             | EC               | CORP              | JP        |     28500 | NS      | $1050105.70   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Yakult Honsha Co. Ltd.                         | Yakult Honsha Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800YJPSPGG7KI0S71       | Long             | EC               | CORP              | JP        |     27000 | NS      | $1927473.94   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| AEON REIT Investment Corp.                     | AEON REIT Investment Corp.                                            | CUSIP: N/A<br>LEI: 353800P59F8MJB4FE788       | Long             | EC               | CORP              | JP        |       510 | NS      | $563667.89    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene OYJ                                | UPM-Kymmene OYJ                                                       | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |     59974 | NS      | $2173831.59   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| CLP Holdings Ltd.                              | CLP Holdings Ltd.                                                     | CUSIP: N/A<br>LEI: 25490002BUTSMP94GO68       | Long             | EC               | CORP              | HK        |    325000 | NS      | $2414727.96   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Bunzl plc                                      | Bunzl plc                                                             | CUSIP: N/A<br>LEI: 213800Q1Q9DV4L78UM09       | Long             | EC               | CORP              | GB        |     53811 | NS      | $1975467.83   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Pearson plc                                    | Pearson plc                                                           | CUSIP: N/A<br>LEI: 2138004JBXWWJKIURC57       | Long             | EC               | CORP              | GB        |    256316 | NS      | $2923075.60   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| South32 Ltd.                                   | South32 Ltd.                                                          | CUSIP: N/A<br>LEI: 213800LAZNPXSBKVHR17       | Long             | EC               | CORP              | AU        |    760507 | NS      | $2440414.96   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Corp. ACCIONA Energias Renovables SA           | Corp. ACCIONA Energias Renovables SA                                  | CUSIP: N/A<br>LEI: 254900UPX0OEHTKB9Y44       | Long             | EC               | CORP              | ES        |      9997 | NS      | $408818.26    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                       | Tele2 AB, Class B                                                     | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |    246643 | NS      | $2130139.06   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| OCI NV                                         | OCI NV                                                                | CUSIP: N/A<br>LEI: 549300NCMRGIBJYUOE57       | Long             | EC               | CORP              | NL        |     19392 | NS      | $660112.46    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Jardine Cycle & Carriage Ltd.                  | Jardine Cycle & Carriage Ltd.                                         | CUSIP: N/A<br>LEI: 254900WEP6OCEXFWML09       | Long             | EC               | CORP              | SG        |     30900 | NS      | $685041.93    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd.                                   | Fujitsu Ltd.                                                          | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |     20000 | NS      | $2847588.70   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Ramsay Health Care Ltd.                        | Ramsay Health Care Ltd.                                               | CUSIP: N/A<br>LEI: 549300QBX122KF2JPI10       | Long             | EC               | CORP              | AU        |     53301 | NS      | $2518672.29   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Covivio                                        | Covivio                                                               | CUSIP: N/A<br>LEI: 969500P8M3W2XX376054       | Long             | EC               | CORP              | FR        |     15306 | NS      | $1050670.54   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Vicinity Ltd.                                  | Vicinity Ltd.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    616730 | NS      | $902301.61    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                            | Deutsche Telekom AG (Registered)                                      | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |    144323 | NS      | $3215342.41   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                    | Novartis AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     32046 | NS      | $2897249.40   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| BlueScope Steel Ltd.                           | BlueScope Steel Ltd.                                                  | CUSIP: N/A<br>LEI: 529900H6UQI16XACWC95       | Long             | EC               | CORP              | AU        |     11821 | NS      | $161197.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Barratt Developments plc                       | Barratt Developments plc                                              | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |     74010 | NS      | $420653.08    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electric Power Co. Holdings, Inc.        | Tokyo Electric Power Co. Holdings, Inc.                               | CUSIP: N/A<br>LEI: 5299004EMJ3R4RVR5Y75       | Long             | EC               | CORP              | JP        |    765600 | NS      | $2867010.81   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa House REIT Investment Corp.              | Daiwa House REIT Investment Corp.                                     | CUSIP: N/A<br>LEI: 3538001FWU534P8JMO05       | Long             | EC               | CORP              | JP        |       551 | NS      | $1198829.50   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sims Ltd.                                      | Sims Ltd.                                                             | CUSIP: N/A<br>LEI: 5493002YM7ZHVDMFC916       | Long             | EC               | CORP              | AU        |    134442 | NS      | $1459764.74   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Chow Tai Fook Jewellery Group Ltd.             | Chow Tai Fook Jewellery Group Ltd.                                    | CUSIP: N/A<br>LEI: 254900VXRL7SRSF44G79       | Long             | EC               | CORP              | KY        |    260600 | NS      | $557856.45    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Real Estate Investment Corp.             | Japan Real Estate Investment Corp.                                    | CUSIP: N/A<br>LEI: 3538003YAIR3CBGJJ928       | Long             | EC               | CORP              | JP        |        16 | NS      | $68599.85     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Korea Electric Power Corp.                     | Korea Electric Power Corp.                                            | CUSIP: N/A<br>LEI: 988400QG33WS7JEIV602       | Long             | EC               | CORP              | KR        |     98707 | NS      | $1593647.62   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Ampol Ltd.                                     | Ampol Ltd.                                                            | CUSIP: N/A<br>LEI: 5493009TD1CGVRZ27U11       | Long             | EC               | CORP              | AU        |     91414 | NS      | $1982392.85   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Stora Enso OYJ                                 | Stora Enso OYJ, Class R                                               | CUSIP: N/A<br>LEI: 7437000ZP669LKUTZ738       | Long             | EC               | CORP              | FI        |    126061 | NS      | $1802089.47   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Group Holdings Ltd.                      | Asahi Group Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |     56400 | NS      | $1862455.74   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortum OYJ                                     | Fortum OYJ                                                            | CUSIP: N/A<br>LEI: 635400IUIZZIUJSAMF76       | Long             | EC               | CORP              | FI        |     71336 | NS      | $1072339.81   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| COMSYS Holdings Corp.                          | COMSYS Holdings Corp.                                                 | CUSIP: N/A<br>LEI: 529900BXEDA1UA6QX260       | Long             | EC               | CORP              | JP        |     84700 | NS      | $1615432.08   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Nifco, Inc.                                    | Nifco, Inc.                                                           | CUSIP: 654101104<br>LEI: 353800JMDOH68J9I5140 | Long             | EC               | CORP              | JP        |      9300 | NS      | $241397.66    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Skylark Holdings Co. Ltd.                      | Skylark Holdings Co. Ltd.                                             | CUSIP: N/A<br>LEI: 353800P64XSC0Q9CEB70       | Long             | EC               | CORP              | JP        |     70100 | NS      | $834251.34    | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| CapitaLand Ascendas REIT                       | CapitaLand Ascendas REIT                                              | CUSIP: N/A<br>LEI: 549300ILIBAEMQZK3L20       | Long             | EC               | CORP              | SG        |    662442 | NS      | $1457790.30   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Ansell Ltd.                                    | Ansell Ltd.                                                           | CUSIP: N/A<br>LEI: 549300NEGJ5G23VCJM45       | Long             | EC               | CORP              | AU        |    108478 | NS      | $2167993.77   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Hana Financial Group, Inc.                     | Hana Financial Group, Inc.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     82315 | NS      | $3270147.51   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Seiko Epson Corp.                              | Seiko Epson Corp.                                                     | CUSIP: N/A<br>LEI: 549300NIOFQDR749W206       | Long             | EC               | CORP              | JP        |     71200 | NS      | $1104169.73   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                   | Capgemini SE                                                          | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |     15384 | NS      | $2919661.01   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Real Estate Holdings, Inc.              | Nomura Real Estate Holdings, Inc.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    129300 | NS      | $2849829.90   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA                   | B&M European Value Retail SA                                          | CUSIP: N/A<br>LEI: 213800UK7ZRLY2K1X530       | Long             | EC               | CORP              | LU        |    327747 | NS      | $1812544.77   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondi plc                                      | Mondi plc                                                             | CUSIP: N/A<br>LEI: 213800LOZA69QFDC9N34       | Long             | EC               | CORP              | GB        |    156619 | NS      | $2953498.38   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| SCREEN Holdings Co. Ltd.                       | SCREEN Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: 353800ND89FTQ9XQ0R07       | Long             | EC               | CORP              | JP        |     34500 | NS      | $2570833.90   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                              | HSBC Holdings plc                                                     | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |    396617 | NS      | $2922412.61   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Spirax-Sarco Engineering plc                   | Spirax-Sarco Engineering plc                                          | CUSIP: N/A<br>LEI: 213800WFVZQMHOZP2W17       | Long             | EC               | CORP              | GB        |      3377 | NS      | $482377.85    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Pharma Co. Ltd.                       | Sumitomo Pharma Co. Ltd.                                              | CUSIP: N/A<br>LEI: 529900D60UKVYLJ2OJ79       | Long             | EC               | CORP              | JP        |    158600 | NS      | $1115095.51   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| NH Investment & Securities Co. Ltd.            | NH Investment & Securities Co. Ltd.                                   | CUSIP: N/A<br>LEI: 549300LQ6NXDW1B8NT42       | Long             | EC               | CORP              | KR        |     58141 | NS      | $435638.12    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Pennon Group plc                               | Pennon Group plc                                                      | CUSIP: N/A<br>LEI: 213800V1CCTS41GWH423       | Long             | EC               | CORP              | GB        |     60698 | NS      | $689045.13    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto Trader Group plc                          | Auto Trader Group plc                                                 | CUSIP: N/A<br>LEI: 213800QLK9BZILB1DI86       | Long             | EC               | CORP              | GB        |    307776 | NS      | $2387875.61   | 0.30%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Taisho Pharmaceutical Holdings Co. Ltd.        | Taisho Pharmaceutical Holdings Co. Ltd.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      4000 | NS      | $168262.82    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui House REIT, Inc.                       | Sekisui House REIT, Inc.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       652 | NS      | $356424.93    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Land Securities Group plc                      | Land Securities Group plc                                             | CUSIP: N/A<br>LEI: 213800V8IAVKS37D6B88       | Long             | EC               | CORP              | GB        |    295578 | NS      | $2589503.85   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Steel Ltd.                                | Kobe Steel Ltd.                                                       | CUSIP: N/A<br>LEI: 549300ZDCYYUPHEE5K87       | Long             | EC               | CORP              | JP        |    187300 | NS      | $1009084.71   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI plc                                        | IMI plc                                                               | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |     95558 | NS      | $1710976.13   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE plc                                        | SSE plc                                                               | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |    141100 | NS      | $3011734.22   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| InterContinental Hotels Group plc              | InterContinental Hotels Group plc                                     | CUSIP: N/A<br>LEI: 2138007ZFQYRUSLU3J98       | Long             | EC               | CORP              | GB        |     25004 | NS      | $1735868.42   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                              | Hannover Rueck SE                                                     | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |      3527 | NS      | $716222.74    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| H & M Hennes & Mauritz AB                      | H & M Hennes & Mauritz AB, Class B                                    | CUSIP: N/A<br>LEI: 529900O5RR7R39FRDM42       | Long             | EC               | CORP              | SE        |    160190 | NS      | $1972947.03   | 0.25%             |  |  |  | No            |                  2 | On Loan: —       |
| DNB Bank ASA                                   | DNB Bank ASA                                                          | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |     38298 | NS      | $716155.98    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferguson plc                                   | Ferguson plc                                                          | CUSIP: N/A<br>LEI: 213800DU1LGY3R2S2X42       | Long             | EC               | CORP              | JE        |     24547 | NS      | $3458552.29   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Klepierre SA                                   | Klepierre SA                                                          | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |    116485 | NS      | $2956429.23   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                               | Pernod Ricard SA                                                      | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |     14815 | NS      | $3067150.27   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                               | ASR Nederland NV                                                      | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     57120 | NS      | $2703576.41   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co. Ltd.                   | Samsung Electronics Co. Ltd.                                          | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |     59353 | NS      | $2956387.99   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commercial Trust         | CapitaLand Integrated Commercial Trust                                | CUSIP: N/A<br>LEI: 54930031292WUTXF0L29       | Long             | EC               | CORP              | SG        |   1888508 | NS      | $3089853.84   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                     | Merck KGaA                                                            | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |      8678 | NS      | $1811344.29   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Taylor Wimpey plc                              | Taylor Wimpey plc                                                     | CUSIP: N/A<br>LEI: 21380089BTRXTD8S3R66       | Long             | EC               | CORP              | GB        |    280583 | NS      | $407104.48    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| APA Group                                      | APA Group                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    313084 | NS      | $2343093.22   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Aviva plc                                      | Aviva plc                                                             | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |    441817 | NS      | $2491782.93   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Origin Energy Ltd.                             | Origin Energy Ltd.                                                    | CUSIP: N/A<br>LEI: ZSN2LWNPYW6ISMRUC664       | Long             | EC               | CORP              | AU        |    555712 | NS      | $2950592.59   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| PCCW Ltd.                                      | PCCW Ltd.                                                             | CUSIP: N/A<br>LEI: 254900SI7GPUPA1TJX39       | Long             | EC               | CORP              | HK        |   3206000 | NS      | $1575311.95   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Retail Co. Ltd.                             | GS Retail Co. Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     36525 | NS      | $858409.43    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Industries Corp.                        | Toyota Industries Corp.                                               | CUSIP: N/A<br>LEI: 35380000WKGEAHEMW830       | Long             | EC               | CORP              | JP        |     15800 | NS      | $961787.87    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| EMS-Chemie Holding AG                          | EMS-Chemie Holding AG (Registered)                                    | CUSIP: N/A<br>LEI: 529900G1XFTGSE0DIX60       | Long             | EC               | CORP              | CH        |       132 | NS      | $98403.47     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-02

**Name of Applicant:** J.P. Morgan Exchange-Traded Fund Trust

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer