# EDGAR Filing Document

**Accession Number:** 0001378872
**File Stem:** 0001378872-26-000302
**Filing Date:** 2026-1
**Character Count:** 317694
**Document Hash:** 44a76c1a9c3ad4821aaa5d91ad83c9eb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001378872-26-000302.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0001378872-26-000302

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Fund Trust II
- **CENTRAL INDEX KEY:** 0001378872

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21977
- **FILM NUMBER:** 26571950

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust II
- **DATE OF NAME CHANGE:** 20070919

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Global Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20061023

## Series and Classes Contracts Data

### Invesco S&P 500 Revenue ETF (Series ID: S000064593)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000209110 | Invesco S&P 500 Revenue ETF | RWL             |

## Nport-Ex

Schedule of Investments<sup>(a)</sup>

**Invesco S&P 500 Revenue ETF (RWL)**

November 30, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.89%** | **Common Stocks & Other Equity Interests-99.89%** | **Common Stocks & Other Equity Interests-99.89%** |
| **Communication Services-7.43%** | **Communication Services-7.43%** | **Communication Services-7.43%** |
| Alphabet, Inc., Class A | 291532 | &nbsp;&nbsp; $93342716 |
| Alphabet, Inc., Class C | 291087 | &nbsp;&nbsp; 93182770 |
| AT&T, Inc. | 1595886 | &nbsp;&nbsp; 41524954 |
| Charter Communications, Inc., Class A<sup>(b)(c)</sup> | 78836 | &nbsp;&nbsp; 15776660 |
| Comcast Corp., Class A | 1394410 | &nbsp;&nbsp; 37216803 |
| Electronic Arts, Inc. | 16447 | &nbsp;&nbsp; 3322787 |
| Fox Corp., Class A<sup>(c)</sup> | 53337 | &nbsp;&nbsp; 3493574 |
| Fox Corp., Class B | 58942 | &nbsp;&nbsp; 3433961 |
| Live Nation Entertainment, Inc.<sup>(b)(c)</sup> | 52037 | &nbsp;&nbsp; 6840264 |
| Match Group, Inc. | 34166 | &nbsp;&nbsp; 1138070 |
| Meta Platforms, Inc., Class A | 89352 | &nbsp;&nbsp; 57895628 |
| Netflix, Inc.<sup>(b)</sup> | 124830 | &nbsp;&nbsp; 13429211 |
| News Corp., Class A | 58167 | &nbsp;&nbsp; 1493729 |
| News Corp., Class B<sup>(c)</sup> | 53024 | &nbsp;&nbsp; 1560496 |
| Omnicom Group, Inc.<sup>(c)</sup> | 78344 | &nbsp;&nbsp; 5610997 |
| Paramount Skydance Corp.<sup>(c)</sup> | 715682 | &nbsp;&nbsp; 11465226 |
| Take-Two Interactive Software, Inc.<sup>(b)</sup> | 8932 | &nbsp;&nbsp; 2197897 |
| TKO Group Holdings, Inc. | 7494 | &nbsp;&nbsp; 1453012 |
| T-Mobile US, Inc. | 131315 | &nbsp;&nbsp; 27446148 |
| Trade Desk, Inc. (The), Class A<sup>(b)</sup> | 21804 | &nbsp;&nbsp; 862566 |
| Verizon Communications, Inc. | 1183002 | &nbsp;&nbsp; 48633212 |
| Walt Disney Co. (The) | 305221 | &nbsp;&nbsp; 31886438 |
| Warner Bros. Discovery, Inc.<sup>(b)</sup> | 1152138 | &nbsp;&nbsp; 27651312 |
|  |  | &nbsp;&nbsp; 530858431 |
| **Consumer Discretionary-11.54%** | **Consumer Discretionary-11.54%** | **Consumer Discretionary-11.54%** |
| Airbnb, Inc., Class A<sup>(b)</sup> | 35127 | &nbsp;&nbsp; 4109508 |
| Amazon.com, Inc.<sup>(b)</sup> | 1093105 | &nbsp;&nbsp; 254933948 |
| Aptiv PLC<sup>(b)</sup> | 90070 | &nbsp;&nbsp; 6984928 |
| AutoZone, Inc.<sup>(b)</sup> | 1736 | &nbsp;&nbsp; 6864717 |
| Best Buy Co., Inc. | 203850 | &nbsp;&nbsp; 16161228 |
| Booking Holdings, Inc. | 1731 | &nbsp;&nbsp; 8507328 |
| Carnival Corp.<sup>(b)(c)</sup> | 312520 | &nbsp;&nbsp; 8056766 |
| Chipotle Mexican Grill, Inc.<sup>(b)</sup> | 112003 | &nbsp;&nbsp; 3866344 |
| D.R. Horton, Inc. | 73837 | &nbsp;&nbsp; 11740821 |
| Darden Restaurants, Inc. | 21414 | &nbsp;&nbsp; 3845526 |
| Deckers Outdoor Corp.<sup>(b)</sup> | 16855 | &nbsp;&nbsp; 1483746 |
| Domino's Pizza, Inc. | 4005 | &nbsp;&nbsp; 1680618 |
| DoorDash, Inc., Class A<sup>(b)</sup> | 17321 | &nbsp;&nbsp; 3435967 |
| eBay, Inc. | 43082 | &nbsp;&nbsp; 3566759 |
| Expedia Group, Inc. | 24398 | &nbsp;&nbsp; 6238325 |
| Ford Motor Co. | 6097285 | &nbsp;&nbsp; 80971945 |
| Garmin Ltd. | 10710 | &nbsp;&nbsp; 2091877 |
| General Motors Co. | 1229034 | &nbsp;&nbsp; 90358580 |
| Genuine Parts Co. | 63821 | &nbsp;&nbsp; 8322258 |
| Hasbro, Inc. | 20512 | &nbsp;&nbsp; 1694291 |
| Hilton Worldwide Holdings, Inc. | 15721 | &nbsp;&nbsp; 4480957 |
| Home Depot, Inc. (The) | 150008 | &nbsp;&nbsp; 53540855 |
| Las Vegas Sands Corp. | 79850 | &nbsp;&nbsp; 5442576 |
| Lennar Corp., Class A | 86187 | &nbsp;&nbsp; 11316353 |
| LKQ Corp.<sup>(c)</sup> | 163889 | &nbsp;&nbsp; 4865864 |
| Lowe's Cos., Inc. | 117938 | &nbsp;&nbsp; 28597606 |
| lululemon athletica, Inc.<sup>(b)</sup> | 24910 | &nbsp;&nbsp; 4587924 |
| Marriott International, Inc., Class A | 36869 | &nbsp;&nbsp; 11237303 |
| McDonald's Corp. | 32096 | &nbsp;&nbsp; 10008175 |
| MGM Resorts International<sup>(b)</sup> | 179244 | &nbsp;&nbsp; 6325521 |
| Mohawk Industries, Inc.<sup>(b)</sup> | 29620 | &nbsp;&nbsp; 3432958 |
| NIKE, Inc., Class B | 234719 | &nbsp;&nbsp; 15169889 |
| Norwegian Cruise Line Holdings Ltd.<sup>(b)(c)</sup> | 140790 | &nbsp;&nbsp; 2598983 |
| NVR, Inc.<sup>(b)</sup> | 482 | &nbsp;&nbsp; 3618514 |
| O'Reilly Automotive, Inc.<sup>(b)</sup> | 60988 | &nbsp;&nbsp; 6202480 |
| Pool Corp. | 6164 | &nbsp;&nbsp; 1501550 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** |
| PulteGroup, Inc. | 48975 | &nbsp;&nbsp; $6229130 |
| Ralph Lauren Corp. | 8837 | &nbsp;&nbsp; 3246095 |
| Ross Stores, Inc. | 54297 | &nbsp;&nbsp; 9575819 |
| Royal Caribbean Cruises Ltd.<sup>(c)</sup> | 18914 | &nbsp;&nbsp; 5035852 |
| Starbucks Corp. | 166196 | &nbsp;&nbsp; 14477334 |
| Tapestry, Inc. | 24983 | &nbsp;&nbsp; 2730142 |
| Tesla, Inc.<sup>(b)</sup> | 100203 | &nbsp;&nbsp; 43104324 |
| TJX Cos., Inc. (The) | 155791 | &nbsp;&nbsp; 23667769 |
| Tractor Supply Co.<sup>(c)</sup> | 97031 | &nbsp;&nbsp; 5315358 |
| Ulta Beauty, Inc.<sup>(b)</sup> | 8538 | &nbsp;&nbsp; 4600531 |
| Williams-Sonoma, Inc.<sup>(c)</sup> | 14517 | &nbsp;&nbsp; 2613205 |
| Wynn Resorts Ltd. | 21298 | &nbsp;&nbsp; 2740627 |
| Yum! Brands, Inc. | 20273 | &nbsp;&nbsp; 3106026 |
|  |  | &nbsp;&nbsp; 824285200 |
| **Consumer Staples-11.44%** | **Consumer Staples-11.44%** | **Consumer Staples-11.44%** |
| Altria Group, Inc. | 114519 | &nbsp;&nbsp; 6757766 |
| Archer-Daniels-Midland Co. | 506448 | &nbsp;&nbsp; 30761651 |
| Brown-Forman Corp., Class B<sup>(c)</sup> | 54177 | &nbsp;&nbsp; 1570049 |
| Bunge Global S.A. | 232435 | &nbsp;&nbsp; 22330030 |
| Campbell's Co. (The) | 114644 | &nbsp;&nbsp; 3494349 |
| Church & Dwight Co., Inc. | 24451 | &nbsp;&nbsp; 2082247 |
| Clorox Co. (The) | 21601 | &nbsp;&nbsp; 2331612 |
| Coca-Cola Co. (The) | 260573 | &nbsp;&nbsp; 19053098 |
| Colgate-Palmolive Co. | 89975 | &nbsp;&nbsp; 7233090 |
| Conagra Brands, Inc. | 224598 | &nbsp;&nbsp; 4009074 |
| Constellation Brands, Inc., Class A | 26394 | &nbsp;&nbsp; 3599614 |
| Costco Wholesale Corp. | 105593 | &nbsp;&nbsp; 96468709 |
| Dollar General Corp. | 146959 | &nbsp;&nbsp; 16090541 |
| Dollar Tree, Inc.<sup>(b)(c)</sup> | 83036 | &nbsp;&nbsp; 9201219 |
| Estee Lauder Cos., Inc. (The), Class A | 61223 | &nbsp;&nbsp; 5759248 |
| General Mills, Inc. | 145841 | &nbsp;&nbsp; 6905571 |
| Hershey Co. (The) | 22778 | &nbsp;&nbsp; 4284086 |
| Hormel Foods Corp. | 180788 | &nbsp;&nbsp; 4196089 |
| J.M. Smucker Co. (The) | 29666 | &nbsp;&nbsp; 3090604 |
| Kellanova | 59885 | &nbsp;&nbsp; 5008781 |
| Kenvue, Inc. | 306918 | &nbsp;&nbsp; 5325027 |
| Keurig Dr Pepper, Inc. | 214990 | &nbsp;&nbsp; 5998221 |
| Kimberly-Clark Corp. | 55213 | &nbsp;&nbsp; 6024843 |
| Kraft Heinz Co. (The) | 357502 | &nbsp;&nbsp; 9119876 |
| Kroger Co. (The) | 824313 | &nbsp;&nbsp; 55459779 |
| Lamb Weston Holdings, Inc. | 43229 | &nbsp;&nbsp; 2553105 |
| McCormick & Co., Inc. | 36845 | &nbsp;&nbsp; 2486301 |
| Molson Coors Beverage Co., Class B | 86164 | &nbsp;&nbsp; 4007488 |
| Mondelez International, Inc., Class A | 223916 | &nbsp;&nbsp; 12890844 |
| Monster Beverage Corp.<sup>(b)</sup> | 45631 | &nbsp;&nbsp; 3421869 |
| PepsiCo, Inc. | 241832 | &nbsp;&nbsp; 35970092 |
| Philip Morris International, Inc. | 88399 | &nbsp;&nbsp; 13921074 |
| Procter & Gamble Co. (The) | 201180 | &nbsp;&nbsp; 29806829 |
| Sysco Corp. | 381074 | &nbsp;&nbsp; 29037839 |
| Target Corp. | 437398 | &nbsp;&nbsp; 39637007 |
| Tyson Foods, Inc., Class A | 366751 | &nbsp;&nbsp; 21289896 |
| Walmart, Inc. | 2593729 | &nbsp;&nbsp; 286632992 |
|  |  | &nbsp;&nbsp; 817810510 |
| **Energy-6.69%** | **Energy-6.69%** | **Energy-6.69%** |
| APA Corp.<sup>(c)</sup> | 161701 | &nbsp;&nbsp; 4037674 |
| Baker Hughes Co., Class A | 221367 | &nbsp;&nbsp; 11112623 |
| Chevron Corp. | 446694 | &nbsp;&nbsp; 67508894 |
| ConocoPhillips | 229457 | &nbsp;&nbsp; 20350541 |
| Coterra Energy, Inc. | 99750 | &nbsp;&nbsp; 2677290 |
| Devon Energy Corp. | 176595 | &nbsp;&nbsp; 6544611 |
| Diamondback Energy, Inc. | 37744 | &nbsp;&nbsp; 5759357 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500 Revenue ETF (RWL)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Energy-(continued)** | **Energy-(continued)** | **Energy-(continued)** |
| EOG Resources, Inc. | 71383 | &nbsp;&nbsp; $7698656 |
| EQT Corp. | 53268 | &nbsp;&nbsp; 3241890 |
| Expand Energy Corp. | 34319 | &nbsp;&nbsp; 4184516 |
| Exxon Mobil Corp. | 1097683 | &nbsp;&nbsp; 127243413 |
| Halliburton Co. | 370217 | &nbsp;&nbsp; 9707090 |
| Kinder Morgan, Inc. | 217605 | &nbsp;&nbsp; 5944969 |
| Marathon Petroleum Corp. | 275133 | &nbsp;&nbsp; 53301516 |
| Occidental Petroleum Corp. | 221360 | &nbsp;&nbsp; 9297120 |
| ONEOK, Inc. | 143379 | &nbsp;&nbsp; 10440859 |
| Phillips 66 | 379559 | &nbsp;&nbsp; 51984401 |
| SLB Ltd. | 368766 | &nbsp;&nbsp; 13364080 |
| Targa Resources Corp. | 39615 | &nbsp;&nbsp; 6944906 |
| Texas Pacific Land Corp. | 291 | &nbsp;&nbsp; 251508 |
| Valero Energy Corp. | 293276 | &nbsp;&nbsp; 51839466 |
| Williams Cos., Inc. (The) | 72241 | &nbsp;&nbsp; 4401644 |
|  |  | &nbsp;&nbsp; 477837024 |
| **Financials-15.29%** | **Financials-15.29%** | **Financials-15.29%** |
| Aflac, Inc. | 55603 | &nbsp;&nbsp; 6133567 |
| Allstate Corp. (The) | 124494 | &nbsp;&nbsp; 26514732 |
| American Express Co. | 89258 | &nbsp;&nbsp; 32603270 |
| American International Group, Inc. | 135009 | &nbsp;&nbsp; 10282285 |
| Ameriprise Financial, Inc. | 13895 | &nbsp;&nbsp; 6332507 |
| Aon PLC, Class A | 17400 | &nbsp;&nbsp; 6158208 |
| Apollo Global Management, Inc. | 72696 | &nbsp;&nbsp; 9584967 |
| Arch Capital Group Ltd.<sup>(b)</sup> | 76975 | &nbsp;&nbsp; 7229492 |
| Arthur J. Gallagher & Co. | 15851 | &nbsp;&nbsp; 3925025 |
| Assurant, Inc. | 22012 | &nbsp;&nbsp; 5022258 |
| Bank of America Corp. | 1488504 | &nbsp;&nbsp; 79858239 |
| Bank of New York Mellon Corp. (The) | 145748 | &nbsp;&nbsp; 16338351 |
| Berkshire Hathaway, Inc., Class B<sup>(b)</sup> | 283831 | &nbsp;&nbsp; 145835206 |
| BlackRock, Inc. | 7664 | &nbsp;&nbsp; 8026507 |
| Blackstone, Inc., Class A | 27294 | &nbsp;&nbsp; 3996387 |
| Block, Inc., Class A<sup>(b)</sup> | 121895 | &nbsp;&nbsp; 8142586 |
| Brown & Brown, Inc. | 20483 | &nbsp;&nbsp; 1647448 |
| Capital One Financial Corp. | 90512 | &nbsp;&nbsp; 19828464 |
| Cboe Global Markets, Inc. | 7247 | &nbsp;&nbsp; 1870958 |
| Charles Schwab Corp. (The) | 109562 | &nbsp;&nbsp; 10159684 |
| Chubb Ltd. | 77830 | &nbsp;&nbsp; 23051689 |
| Cincinnati Financial Corp. | 28657 | &nbsp;&nbsp; 4802627 |
| Citigroup, Inc. | 654745 | &nbsp;&nbsp; 67831582 |
| Citizens Financial Group, Inc. | 87357 | &nbsp;&nbsp; 4726014 |
| CME Group, Inc., Class A | 9305 | &nbsp;&nbsp; 2618985 |
| Coinbase Global, Inc., Class A<sup>(b)</sup> | 10065 | &nbsp;&nbsp; 2745933 |
| Corpay, Inc.<sup>(b)</sup> | 5126 | &nbsp;&nbsp; 1516271 |
| Erie Indemnity Co., Class A | 4528 | &nbsp;&nbsp; 1337979 |
| Everest Group Ltd. | 19472 | &nbsp;&nbsp; 6119855 |
| FactSet Research Systems, Inc. | 2379 | &nbsp;&nbsp; 659625 |
| Fidelity National Information Services, Inc. | 58183 | &nbsp;&nbsp; 3826696 |
| Fifth Third Bancorp | 111410 | &nbsp;&nbsp; 4841879 |
| Fiserv, Inc.<sup>(b)</sup> | 59825 | &nbsp;&nbsp; 3677443 |
| Franklin Resources, Inc. | 133030 | &nbsp;&nbsp; 3005148 |
| Global Payments, Inc. | 41770 | &nbsp;&nbsp; 3164495 |
| Globe Life, Inc. | 15874 | &nbsp;&nbsp; 2138704 |
| Goldman Sachs Group, Inc. (The) | 61389 | &nbsp;&nbsp; 50709769 |
| Hartford Insurance Group, Inc. (The) | 78755 | &nbsp;&nbsp; 10791798 |
| Huntington Bancshares, Inc. | 256202 | &nbsp;&nbsp; 4176093 |
| Interactive Brokers Group, Inc., Class A | 58419 | &nbsp;&nbsp; 3798403 |
| Intercontinental Exchange, Inc. | 25356 | &nbsp;&nbsp; 3988499 |
| Invesco Ltd.<sup>(d)</sup> | 104216 | &nbsp;&nbsp; 2548081 |
| Jack Henry & Associates, Inc. | 5585 | &nbsp;&nbsp; 974471 |
| JPMorgan Chase & Co. | 348682 | &nbsp;&nbsp; 109165360 |
| KeyCorp | 182095 | &nbsp;&nbsp; 3346906 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| KKR & Co., Inc., Class A | 47958 | &nbsp;&nbsp; $5865743 |
| Loews Corp. | 70895 | &nbsp;&nbsp; 7647444 |
| M&T Bank Corp. | 24944 | &nbsp;&nbsp; 4744848 |
| Marsh & McLennan Cos., Inc. | 48791 | &nbsp;&nbsp; 8950709 |
| Mastercard, Inc., Class A | 19615 | &nbsp;&nbsp; 10798646 |
| MetLife, Inc. | 346087 | &nbsp;&nbsp; 26496421 |
| Moody's Corp. | 5397 | &nbsp;&nbsp; 2648740 |
| Morgan Stanley | 266872 | &nbsp;&nbsp; 45277503 |
| MSCI, Inc. | 2003 | &nbsp;&nbsp; 1129131 |
| Nasdaq, Inc. | 30891 | &nbsp;&nbsp; 2808610 |
| Northern Trust Corp. | 43455 | &nbsp;&nbsp; 5707380 |
| PayPal Holdings, Inc. | 184926 | &nbsp;&nbsp; 11593011 |
| PNC Financial Services Group, Inc. (The) | 62934 | &nbsp;&nbsp; 12002772 |
| Principal Financial Group, Inc. | 70717 | &nbsp;&nbsp; 5998216 |
| Progressive Corp. (The) | 125543 | &nbsp;&nbsp; 28722983 |
| Prudential Financial, Inc. | 210811 | &nbsp;&nbsp; 22820291 |
| Raymond James Financial, Inc. | 35362 | &nbsp;&nbsp; 5535567 |
| Regions Financial Corp. | 131466 | &nbsp;&nbsp; 3345810 |
| Robinhood Markets, Inc., Class A<sup>(b)</sup> | 11474 | &nbsp;&nbsp; 1474294 |
| S&P Global, Inc. | 10188 | &nbsp;&nbsp; 5082080 |
| State Street Corp. | 73332 | &nbsp;&nbsp; 8727975 |
| Synchrony Financial | 97355 | &nbsp;&nbsp; 7531383 |
| T. Rowe Price Group, Inc. | 24928 | &nbsp;&nbsp; 2552129 |
| Travelers Cos., Inc. (The) | 65914 | &nbsp;&nbsp; 19303574 |
| Truist Financial Corp. | 256067 | &nbsp;&nbsp; 11907115 |
| U.S. Bancorp | 321638 | &nbsp;&nbsp; 15776344 |
| Visa, Inc., Class A | 43181 | &nbsp;&nbsp; 14441454 |
| W.R. Berkley Corp. | 74144 | &nbsp;&nbsp; 5760247 |
| Wells Fargo & Co. | 577028 | &nbsp;&nbsp; 49537854 |
| Willis Towers Watson PLC | 11093 | &nbsp;&nbsp; 3560853 |
|  |  | &nbsp;&nbsp; 1092803573 |
| **Health Care-20.81%** | **Health Care-20.81%** | **Health Care-20.81%** |
| Abbott Laboratories | 125145 | &nbsp;&nbsp; 16131191 |
| AbbVie, Inc. | 103431 | &nbsp;&nbsp; 23551239 |
| Agilent Technologies, Inc. | 20467 | &nbsp;&nbsp; 3141685 |
| Align Technology, Inc.<sup>(b)(c)</sup> | 11146 | &nbsp;&nbsp; 1640580 |
| Amgen, Inc. | 46908 | &nbsp;&nbsp; 16204838 |
| Baxter International, Inc. | 170010 | &nbsp;&nbsp; 3185987 |
| Becton, Dickinson and Co. | 42800 | &nbsp;&nbsp; 8304056 |
| Biogen, Inc.<sup>(b)</sup> | 25226 | &nbsp;&nbsp; 4593402 |
| Bio-Techne Corp.<sup>(c)</sup> | 9024 | &nbsp;&nbsp; 582138 |
| Boston Scientific Corp.<sup>(b)</sup> | 66376 | &nbsp;&nbsp; 6742474 |
| Bristol-Myers Squibb Co. | 379925 | &nbsp;&nbsp; 18692310 |
| Cardinal Health, Inc. | 560173 | &nbsp;&nbsp; 118902321 |
| Cencora, Inc. | 401509 | &nbsp;&nbsp; 148128715 |
| Centene Corp.<sup>(b)</sup> | 2141505 | &nbsp;&nbsp; 84246807 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International, <br> Inc.<sup>(b)</sup><br>| 9854 | &nbsp;&nbsp; 1755392 |
| Cigna Group (The) | 324615 | &nbsp;&nbsp; 90009247 |
| Cooper Cos., Inc. (The)<sup>(b)</sup> | 22411 | &nbsp;&nbsp; 1746489 |
| CVS Health Corp. | 1963148 | &nbsp;&nbsp; 157758573 |
| Danaher Corp. | 47249 | &nbsp;&nbsp; 10715128 |
| DaVita, Inc.<sup>(b)</sup> | 37261 | &nbsp;&nbsp; 4459396 |
| DexCom, Inc.<sup>(b)</sup> | 21184 | &nbsp;&nbsp; 1344548 |
| Edwards Lifesciences Corp.<sup>(b)</sup> | 27212 | &nbsp;&nbsp; 2358464 |
| Elevance Health, Inc. | 231725 | &nbsp;&nbsp; 78383299 |
| Eli Lilly and Co. | 26501 | &nbsp;&nbsp; 28501030 |
| GE HealthCare Technologies, Inc. | 99103 | &nbsp;&nbsp; 7927249 |
| Gilead Sciences, Inc. | 93956 | &nbsp;&nbsp; 11823423 |
| HCA Healthcare, Inc. | 69220 | &nbsp;&nbsp; 35183834 |
| Henry Schein, Inc.<sup>(b)(c)</sup> | 70908 | &nbsp;&nbsp; 5287610 |
| Hologic, Inc.<sup>(b)</sup> | 23088 | &nbsp;&nbsp; 1730907 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500 Revenue ETF (RWL)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Humana, Inc. | 169039 | &nbsp;&nbsp; $41544715 |
| IDEXX Laboratories, Inc.<sup>(b)</sup> | 2386 | &nbsp;&nbsp; 1796372 |
| Incyte Corp.<sup>(b)</sup> | 19999 | &nbsp;&nbsp; 2089096 |
| Insulet Corp.<sup>(b)</sup> | 2619 | &nbsp;&nbsp; 856911 |
| Intuitive Surgical, Inc.<sup>(b)</sup> | 7606 | &nbsp;&nbsp; 4361889 |
| IQVIA Holdings, Inc.<sup>(b)</sup> | 31969 | &nbsp;&nbsp; 7353190 |
| Johnson & Johnson | 193848 | &nbsp;&nbsp; 40111028 |
| Labcorp Holdings, Inc. | 18468 | &nbsp;&nbsp; 4963829 |
| McKesson Corp. | 200867 | &nbsp;&nbsp; 176987931 |
| Medtronic PLC | 139240 | &nbsp;&nbsp; 14666149 |
| Merck & Co., Inc. | 283561 | &nbsp;&nbsp; 29725700 |
| Mettler-Toledo International, Inc.<sup>(b)</sup> | 1158 | &nbsp;&nbsp; 1710042 |
| Moderna, Inc.<sup>(b)(c)</sup> | 47472 | &nbsp;&nbsp; 1233323 |
| Molina Healthcare, Inc.<sup>(b)</sup> | 90995 | &nbsp;&nbsp; 13490919 |
| Pfizer, Inc. | 977083 | &nbsp;&nbsp; 25150116 |
| Quest Diagnostics, Inc. | 21886 | &nbsp;&nbsp; 4140393 |
| Regeneron Pharmaceuticals, Inc. | 9584 | &nbsp;&nbsp; 7477341 |
| ResMed, Inc. | 7139 | &nbsp;&nbsp; 1826370 |
| Revvity, Inc.<sup>(c)</sup> | 12713 | &nbsp;&nbsp; 1327364 |
| Solventum Corp.<sup>(b)</sup> | 44234 | &nbsp;&nbsp; 3771391 |
| STERIS PLC | 8530 | &nbsp;&nbsp; 2271368 |
| Stryker Corp. | 23603 | &nbsp;&nbsp; 8760962 |
| Thermo Fisher Scientific, Inc. | 34053 | &nbsp;&nbsp; 20119534 |
| UnitedHealth Group, Inc. | 458159 | &nbsp;&nbsp; 151087093 |
| Universal Health Services, Inc., Class B | 33319 | &nbsp;&nbsp; 8117508 |
| Vertex Pharmaceuticals, Inc.<sup>(b)</sup> | 11068 | &nbsp;&nbsp; 4799195 |
| Viatris, Inc. | 513992 | &nbsp;&nbsp; 5494575 |
| Waters Corp.<sup>(b)</sup> | 3926 | &nbsp;&nbsp; 1583827 |
| West Pharmaceutical Services, Inc. | 4366 | &nbsp;&nbsp; 1210474 |
| Zimmer Biomet Holdings, Inc.<sup>(c)</sup> | 28649 | &nbsp;&nbsp; 2793850 |
| Zoetis, Inc. | 23495 | &nbsp;&nbsp; 3011589 |
|  |  | &nbsp;&nbsp; 1486866376 |
| **Industrials-9.22%** | **Industrials-9.22%** | **Industrials-9.22%** |
| 3M Co. | 60267 | &nbsp;&nbsp; 10368937 |
| A.O. Smith Corp. | 19613 | &nbsp;&nbsp; 1294066 |
| Allegion PLC | 8505 | &nbsp;&nbsp; 1412085 |
| AMETEK, Inc. | 13977 | &nbsp;&nbsp; 2765908 |
| Automatic Data Processing, Inc. | 26353 | &nbsp;&nbsp; 6727921 |
| Axon Enterprise, Inc.<sup>(b)</sup> | 1169 | &nbsp;&nbsp; 631424 |
| Boeing Co. (The)<sup>(b)</sup> | 124358 | &nbsp;&nbsp; 23503662 |
| Broadridge Financial Solutions, Inc. | 10310 | &nbsp;&nbsp; 2351608 |
| Builders FirstSource, Inc.<sup>(b)</sup> | 42560 | &nbsp;&nbsp; 4776509 |
| C.H. Robinson Worldwide, Inc. | 49909 | &nbsp;&nbsp; 7929043 |
| Carrier Global Corp. | 134553 | &nbsp;&nbsp; 7384269 |
| Caterpillar, Inc. | 56090 | &nbsp;&nbsp; 32294378 |
| Cintas Corp. | 19245 | &nbsp;&nbsp; 3579955 |
| Copart, Inc.<sup>(b)</sup> | 35874 | &nbsp;&nbsp; 1398368 |
| CSX Corp. | 165321 | &nbsp;&nbsp; 5845751 |
| Cummins, Inc. | 31219 | &nbsp;&nbsp; 15546438 |
| Dayforce, Inc.<sup>(b)</sup> | 10092 | &nbsp;&nbsp; 697357 |
| Deere & Co. | 35378 | &nbsp;&nbsp; 16432727 |
| Delta Air Lines, Inc. | 379421 | &nbsp;&nbsp; 24320886 |
| Dover Corp. | 16714 | &nbsp;&nbsp; 3096770 |
| Eaton Corp. PLC | 27051 | &nbsp;&nbsp; 9356670 |
| EMCOR Group, Inc. | 9248 | &nbsp;&nbsp; 5688167 |
| Emerson Electric Co. | 49781 | &nbsp;&nbsp; 6639790 |
| Equifax, Inc. | 8940 | &nbsp;&nbsp; 1898588 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington, <br> Inc.<br>| 34786 | &nbsp;&nbsp; 5110063 |
| Fastenal Co. | 60685 | &nbsp;&nbsp; 2451674 |
| FedEx Corp. | 146456 | &nbsp;&nbsp; 40374990 |
| Fortive Corp. | 37365 | &nbsp;&nbsp; 1998280 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| GE Vernova, Inc. | 21412 | &nbsp;&nbsp; $12842275 |
| Generac Holdings, Inc.<sup>(b)</sup> | 9035 | &nbsp;&nbsp; 1369977 |
| General Dynamics Corp. | 58568 | &nbsp;&nbsp; 20008586 |
| General Electric Co. | 55408 | &nbsp;&nbsp; 16536518 |
| Honeywell International, Inc. | 70920 | &nbsp;&nbsp; 13630115 |
| Howmet Aerospace, Inc. | 15711 | &nbsp;&nbsp; 3214313 |
| Hubbell, Inc. | 4771 | &nbsp;&nbsp; 2058352 |
| Huntington Ingalls Industries, Inc. | 15966 | &nbsp;&nbsp; 5007257 |
| IDEX Corp. | 7811 | &nbsp;&nbsp; 1358567 |
| Illinois Tool Works, Inc. | 22513 | &nbsp;&nbsp; 5612041 |
| Ingersoll Rand, Inc.<sup>(c)</sup> | 34391 | &nbsp;&nbsp; 2762973 |
| J.B. Hunt Transport Services, Inc. | 32965 | &nbsp;&nbsp; 5734591 |
| Jacobs Solutions, Inc. | 30629 | &nbsp;&nbsp; 4129095 |
| Johnson Controls International PLC | 81828 | &nbsp;&nbsp; 9517415 |
| L3Harris Technologies, Inc. | 29103 | &nbsp;&nbsp; 8110715 |
| Leidos Holdings, Inc. | 35408 | &nbsp;&nbsp; 6766469 |
| Lennox International, Inc. | 3602 | &nbsp;&nbsp; 1796930 |
| Lockheed Martin Corp. | 58144 | &nbsp;&nbsp; 26621812 |
| Masco Corp. | 39247 | &nbsp;&nbsp; 2545953 |
| Nordson Corp. | 4676 | &nbsp;&nbsp; 1111298 |
| Norfolk Southern Corp. | 16759 | &nbsp;&nbsp; 4895136 |
| Northrop Grumman Corp. | 26229 | &nbsp;&nbsp; 15009545 |
| Old Dominion Freight Line, Inc. | 14454 | &nbsp;&nbsp; 1955482 |
| Otis Worldwide Corp. | 60509 | &nbsp;&nbsp; 5376225 |
| PACCAR, Inc. | 118455 | &nbsp;&nbsp; 12487526 |
| Parker-Hannifin Corp. | 9716 | &nbsp;&nbsp; 8372277 |
| Paychex, Inc. | 15671 | &nbsp;&nbsp; 1750294 |
| Paycom Software, Inc.<sup>(c)</sup> | 3312 | &nbsp;&nbsp; 533795 |
| Pentair PLC | 14166 | &nbsp;&nbsp; 1490830 |
| Quanta Services, Inc.<sup>(c)</sup> | 25098 | &nbsp;&nbsp; 11667558 |
| Republic Services, Inc. | 26830 | &nbsp;&nbsp; 5823720 |
| Rockwell Automation, Inc. | 8927 | &nbsp;&nbsp; 3533842 |
| Rollins, Inc. | 23777 | &nbsp;&nbsp; 1461810 |
| RTX Corp. | 202823 | &nbsp;&nbsp; 35475771 |
| Snap-on, Inc. | 5838 | &nbsp;&nbsp; 1985212 |
| Southwest Airlines Co.<sup>(c)</sup> | 332097 | &nbsp;&nbsp; 11560297 |
| Stanley Black & Decker, Inc. | 73775 | &nbsp;&nbsp; 5276388 |
| Textron, Inc. | 64973 | &nbsp;&nbsp; 5403155 |
| Trane Technologies PLC | 18694 | &nbsp;&nbsp; 7879147 |
| TransDigm Group, Inc. | 2494 | &nbsp;&nbsp; 3392264 |
| Uber Technologies, Inc.<sup>(b)</sup> | 188592 | &nbsp;&nbsp; 16509344 |
| Union Pacific Corp. | 42657 | &nbsp;&nbsp; 9889172 |
| United Airlines Holdings, Inc.<sup>(b)</sup> | 202486 | &nbsp;&nbsp; 20645472 |
| United Parcel Service, Inc., Class B | 404211 | &nbsp;&nbsp; 38719372 |
| United Rentals, Inc. | 6295 | &nbsp;&nbsp; 5131558 |
| Veralto Corp. | 18980 | &nbsp;&nbsp; 1921156 |
| Verisk Analytics, Inc. | 4284 | &nbsp;&nbsp; 964200 |
| W.W. Grainger, Inc. | 6607 | &nbsp;&nbsp; 6267598 |
| Wabtec Corp. | 20834 | &nbsp;&nbsp; 4344931 |
| Waste Management, Inc. | 41215 | &nbsp;&nbsp; 8979512 |
| Xylem, Inc. | 23767 | &nbsp;&nbsp; 3343304 |
|  |  | &nbsp;&nbsp; 658657429 |
| **Information Technology-11.75%** | **Information Technology-11.75%** | **Information Technology-11.75%** |
| Accenture PLC, Class A | 105774 | &nbsp;&nbsp; 26443500 |
| Adobe, Inc.<sup>(b)</sup> | 24181 | &nbsp;&nbsp; 7741064 |
| Advanced Micro Devices, Inc.<sup>(b)</sup> | 69647 | &nbsp;&nbsp; 15150312 |
| Akamai Technologies, Inc.<sup>(b)</sup> | 19936 | &nbsp;&nbsp; 1784671 |
| Amphenol Corp., Class A | 59196 | &nbsp;&nbsp; 8340716 |
| Analog Devices, Inc. | 15712 | &nbsp;&nbsp; 4169022 |
| Apple, Inc. | 677080 | &nbsp;&nbsp; 188803758 |
| Applied Materials, Inc. | 65730 | &nbsp;&nbsp; 16580392 |
| AppLovin Corp., Class A<sup>(b)</sup> | 3483 | &nbsp;&nbsp; 2087989 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500 Revenue ETF (RWL)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| Arista Networks, Inc.<sup>(b)</sup> | 19768 | &nbsp;&nbsp; $2583282 |
| Autodesk, Inc.<sup>(b)</sup> | 7613 | &nbsp;&nbsp; 2309327 |
| Broadcom, Inc. | 60954 | &nbsp;&nbsp; 24562024 |
| Cadence Design Systems, Inc.<sup>(b)</sup> | 5616 | &nbsp;&nbsp; 1751293 |
| CDW Corp. | 48370 | &nbsp;&nbsp; 6975921 |
| Cisco Systems, Inc. | 312819 | &nbsp;&nbsp; 24068294 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., <br> Class A<br>| 112567 | &nbsp;&nbsp; 8747582 |
| Corning, Inc. | 71015 | &nbsp;&nbsp; 5979463 |
| CrowdStrike Holdings, Inc., Class A<sup>(b)</sup> | 3859 | &nbsp;&nbsp; 1964848 |
| Datadog, Inc., Class A<sup>(b)</sup> | 8108 | &nbsp;&nbsp; 1297361 |
| Dell Technologies, Inc., Class C | 306367 | &nbsp;&nbsp; 40854039 |
| EPAM Systems, Inc.<sup>(b)</sup> | 12410 | &nbsp;&nbsp; 2320670 |
| F5, Inc.<sup>(b)</sup> | 3449 | &nbsp;&nbsp; 824863 |
| Fair Isaac Corp.<sup>(b)</sup> | 530 | &nbsp;&nbsp; 957090 |
| First Solar, Inc.<sup>(b)</sup> | 8017 | &nbsp;&nbsp; 2188000 |
| Fortinet, Inc.<sup>(b)</sup> | 29872 | &nbsp;&nbsp; 2423515 |
| Gartner, Inc.<sup>(b)</sup> | 10330 | &nbsp;&nbsp; 2404204 |
| Gen Digital, Inc. | 54189 | &nbsp;&nbsp; 1428964 |
| GoDaddy, Inc., Class A<sup>(b)</sup> | 12282 | &nbsp;&nbsp; 1570377 |
| Hewlett Packard Enterprise Co. | 508780 | &nbsp;&nbsp; 11127019 |
| HP, Inc. | 722411 | &nbsp;&nbsp; 17641277 |
| Intel Corp.<sup>(b)</sup> | 804417 | &nbsp;&nbsp; 32627154 |
| International Business Machines Corp. | 93638 | &nbsp;&nbsp; 28894814 |
| Intuit, Inc. | 10913 | &nbsp;&nbsp; 6919715 |
| Jabil, Inc. | 49809 | &nbsp;&nbsp; 10495254 |
| Keysight Technologies, Inc.<sup>(b)</sup> | 11565 | &nbsp;&nbsp; 2289292 |
| KLA Corp. | 4880 | &nbsp;&nbsp; 5736294 |
| Lam Research Corp. | 64733 | &nbsp;&nbsp; 10098348 |
| Microchip Technology, Inc. | 24539 | &nbsp;&nbsp; 1314800 |
| Micron Technology, Inc. | 90674 | &nbsp;&nbsp; 21442588 |
| Microsoft Corp. | 211575 | &nbsp;&nbsp; 104097016 |
| Monolithic Power Systems, Inc. | 1114 | &nbsp;&nbsp; 1033981 |
| Motorola Solutions, Inc. | 8593 | &nbsp;&nbsp; 3176660 |
| NetApp, Inc. | 19987 | &nbsp;&nbsp; 2229750 |
| NVIDIA Corp. | 350065 | &nbsp;&nbsp; 61961505 |
| NXP Semiconductors N.V. (Netherlands) | 20678 | &nbsp;&nbsp; 4030969 |
| ON Semiconductor Corp.<sup>(b)</sup> | 49802 | &nbsp;&nbsp; 2502052 |
| Oracle Corp. | 65606 | &nbsp;&nbsp; 13249132 |
| Palantir Technologies, Inc., Class A<sup>(b)</sup> | 7764 | &nbsp;&nbsp; 1307846 |
| Palo Alto Networks, Inc.<sup>(b)</sup> | 17497 | &nbsp;&nbsp; 3326705 |
| PTC, Inc.<sup>(b)</sup> | 4550 | &nbsp;&nbsp; 798206 |
| Qnity Electronics, Inc. | 30977 | &nbsp;&nbsp; 2511925 |
| QUALCOMM, Inc. | 102160 | &nbsp;&nbsp; 17172074 |
| Roper Technologies, Inc. | 5438 | &nbsp;&nbsp; 2426544 |
| Salesforce, Inc. | 61152 | &nbsp;&nbsp; 14097982 |
| Seagate Technology Holdings PLC | 17639 | &nbsp;&nbsp; 4880535 |
| ServiceNow, Inc.<sup>(b)</sup> | 4890 | &nbsp;&nbsp; 3972685 |
| Skyworks Solutions, Inc. | 20419 | &nbsp;&nbsp; 1346633 |
| Super Micro Computer, Inc.<sup>(b)(c)</sup> | 187322 | &nbsp;&nbsp; 6340850 |
| Synopsys, Inc.<sup>(b)</sup> | 5975 | &nbsp;&nbsp; 2497610 |
| TE Connectivity PLC (Switzerland) | 29544 | &nbsp;&nbsp; 6681376 |
| Teledyne Technologies, Inc.<sup>(b)</sup> | 4092 | &nbsp;&nbsp; 2044036 |
| Teradyne, Inc. | 9016 | &nbsp;&nbsp; 1639920 |
| Texas Instruments, Inc. | 33952 | &nbsp;&nbsp; 5713103 |
| Trimble, Inc.<sup>(b)</sup> | 16742 | &nbsp;&nbsp; 1363134 |
| Tyler Technologies, Inc.<sup>(b)</sup> | 1570 | &nbsp;&nbsp; 737303 |
| VeriSign, Inc. | 2129 | &nbsp;&nbsp; 536487 |
| Western Digital Corp. | 52709 | &nbsp;&nbsp; 8608961 |
| Workday, Inc., Class A<sup>(b)</sup> | 14770 | &nbsp;&nbsp; 3184707 |
| Zebra Technologies Corp., Class A<sup>(b)</sup> | 6382 | &nbsp;&nbsp; 1613050 |
|  |  | &nbsp;&nbsp; 839981833 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Materials-2.28%** | **Materials-2.28%** | **Materials-2.28%** |
| Air Products and Chemicals, Inc. | 15683 | &nbsp;&nbsp; $4094047 |
| Albemarle Corp.<sup>(c)</sup> | 25491 | &nbsp;&nbsp; 3313575 |
| Amcor PLC | 682724 | &nbsp;&nbsp; 5816809 |
| Avery Dennison Corp. | 19866 | &nbsp;&nbsp; 3424302 |
| Ball Corp. | 92582 | &nbsp;&nbsp; 4585587 |
| CF Industries Holdings, Inc. | 27782 | &nbsp;&nbsp; 2186443 |
| Corteva, Inc. | 89589 | &nbsp;&nbsp; 6044570 |
| Dow, Inc. | 658948 | &nbsp;&nbsp; 15715910 |
| DuPont de Nemours, Inc. | 62061 | &nbsp;&nbsp; 2468166 |
| Ecolab, Inc. | 21890 | &nbsp;&nbsp; 6023252 |
| Freeport-McMoRan, Inc. | 215281 | &nbsp;&nbsp; 9252777 |
| International Flavors & Fragrances, Inc. | 65612 | &nbsp;&nbsp; 4558722 |
| International Paper Co.<sup>(c)</sup> | 176713 | &nbsp;&nbsp; 6976629 |
| Linde PLC | 26505 | &nbsp;&nbsp; 10875532 |
| LyondellBasell Industries N.V., Class A | 244323 | &nbsp;&nbsp; 11969384 |
| Martin Marietta Materials, Inc. | 4086 | &nbsp;&nbsp; 2546559 |
| Mosaic Co. (The) | 126168 | &nbsp;&nbsp; 3089854 |
| Newmont Corp. | 99106 | &nbsp;&nbsp; 8991887 |
| Nucor Corp. | 82167 | &nbsp;&nbsp; 13104815 |
| Packaging Corp. of America | 15183 | &nbsp;&nbsp; 3098395 |
| PPG Industries, Inc. | 55672 | &nbsp;&nbsp; 5569427 |
| Sherwin-Williams Co. (The) | 24189 | &nbsp;&nbsp; 8313517 |
| Smurfit WestRock PLC | 256498 | &nbsp;&nbsp; 9154414 |
| Solstice Advanced Materials, Inc.<sup>(b)</sup> | 17705 | &nbsp;&nbsp; 844174 |
| Steel Dynamics, Inc. | 48640 | &nbsp;&nbsp; 8163251 |
| Vulcan Materials Co. | 9724 | &nbsp;&nbsp; 2890362 |
|  |  | &nbsp;&nbsp; 163072360 |
| **Real Estate-0.88%** | **Real Estate-0.88%** | **Real Estate-0.88%** |
| Alexandria Real Estate Equities, Inc. | 13890 | &nbsp;&nbsp; 745476 |
| American Tower Corp. | 19831 | &nbsp;&nbsp; 3594765 |
| AvalonBay Communities, Inc. | 5871 | &nbsp;&nbsp; 1068170 |
| BXP, Inc. | 17517 | &nbsp;&nbsp; 1267530 |
| Camden Property Trust | 5407 | &nbsp;&nbsp; 574980 |
| CBRE Group, Inc., Class A<sup>(b)</sup> | 88043 | &nbsp;&nbsp; 14247999 |
| CoStar Group, Inc.<sup>(b)</sup> | 12673 | &nbsp;&nbsp; 871902 |
| Crown Castle, Inc. | 21627 | &nbsp;&nbsp; 1974113 |
| Digital Realty Trust, Inc. | 12429 | &nbsp;&nbsp; 1990132 |
| Equinix, Inc. | 4309 | &nbsp;&nbsp; 3246013 |
| Equity Residential | 17260 | &nbsp;&nbsp; 1065805 |
| Essex Property Trust, Inc. | 2617 | &nbsp;&nbsp; 689894 |
| Extra Space Storage, Inc. | 8528 | &nbsp;&nbsp; 1135674 |
| Federal Realty Investment Trust | 4639 | &nbsp;&nbsp; 458008 |
| Healthpeak Properties, Inc. | 58395 | &nbsp;&nbsp; 1066293 |
| Host Hotels & Resorts, Inc. | 126253 | &nbsp;&nbsp; 2225840 |
| Invitation Homes, Inc. | 34121 | &nbsp;&nbsp; 962212 |
| Iron Mountain, Inc. | 24776 | &nbsp;&nbsp; 2139408 |
| Kimco Realty Corp. | 35632 | &nbsp;&nbsp; 736157 |
| Mid-America Apartment Communities, Inc. | 5817 | &nbsp;&nbsp; 790472 |
| Prologis, Inc. | 28913 | &nbsp;&nbsp; 3716188 |
| Public Storage | 6134 | &nbsp;&nbsp; 1684028 |
| Realty Income Corp. | 34560 | &nbsp;&nbsp; 1991002 |
| Regency Centers Corp. | 7794 | &nbsp;&nbsp; 554621 |
| SBA Communications Corp., Class A | 5272 | &nbsp;&nbsp; 1024191 |
| Simon Property Group, Inc. | 12681 | &nbsp;&nbsp; 2362724 |
| UDR, Inc. | 16657 | &nbsp;&nbsp; 606648 |
| Ventas, Inc. | 28651 | &nbsp;&nbsp; 2310130 |
| VICI Properties, Inc. | 44429 | &nbsp;&nbsp; 1280444 |
| Welltower, Inc. | 20635 | &nbsp;&nbsp; 4296620 |
| Weyerhaeuser Co. | 105001 | &nbsp;&nbsp; 2332072 |
|  |  | &nbsp;&nbsp; 63009511 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500 Revenue ETF (RWL)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-2.56%** | **Utilities-2.56%** | **Utilities-2.56%** |
| AES Corp. (The) | 353865 | &nbsp;&nbsp; $4975342 |
| Alliant Energy Corp. | 24300 | &nbsp;&nbsp; 1688121 |
| Ameren Corp. | 31818 | &nbsp;&nbsp; 3383844 |
| American Electric Power Co., Inc. | 73312 | &nbsp;&nbsp; 9073826 |
| American Water Works Co., Inc. | 13348 | &nbsp;&nbsp; 1736174 |
| Atmos Energy Corp. | 10553 | &nbsp;&nbsp; 1861233 |
| CenterPoint Energy, Inc.<sup>(c)</sup> | 89025 | &nbsp;&nbsp; 3559220 |
| CMS Energy Corp. | 42162 | &nbsp;&nbsp; 3180701 |
| Consolidated Edison, Inc. | 62292 | &nbsp;&nbsp; 6251625 |
| Constellation Energy Corp. | 29547 | &nbsp;&nbsp; 10765745 |
| Dominion Energy, Inc. | 95663 | &nbsp;&nbsp; 6004767 |
| DTE Energy Co. | 38306 | &nbsp;&nbsp; 5249071 |
| Duke Energy Corp. | 97508 | &nbsp;&nbsp; 12085142 |
| Edison International | 118131 | &nbsp;&nbsp; 6956735 |
| Entergy Corp. | 51810 | &nbsp;&nbsp; 5052511 |
| Evergy, Inc. | 30487 | &nbsp;&nbsp; 2367316 |
| Eversource Energy | 75947 | &nbsp;&nbsp; 5102119 |
| Exelon Corp. | 206424 | &nbsp;&nbsp; 9726699 |
| FirstEnergy Corp. | 121657 | &nbsp;&nbsp; 5805472 |
| NextEra Energy, Inc. | 133881 | &nbsp;&nbsp; 11552591 |
| NiSource, Inc. | 56405 | &nbsp;&nbsp; 2489153 |
| NRG Energy, Inc. | 68550 | &nbsp;&nbsp; 11618539 |
| PG&E Corp. | 602951 | &nbsp;&nbsp; 9719570 |
| Pinnacle West Capital Corp. | 22472 | &nbsp;&nbsp; 2041806 |
| PPL Corp. | 92142 | &nbsp;&nbsp; 3400040 |
| Public Service Enterprise Group, Inc. | 51307 | &nbsp;&nbsp; 4285161 |
| Sempra | 60239 | &nbsp;&nbsp; 5705838 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| Southern Co. (The) | 116483 | &nbsp;&nbsp; $10613931 |
| Vistra Corp. | 39704 | &nbsp;&nbsp; 7101457 |
| WEC Energy Group, Inc. | 31874 | &nbsp;&nbsp; 3572119 |
| Xcel Energy, Inc. | 72319 | &nbsp;&nbsp; 5938113 |
|  |  | &nbsp;&nbsp; 182863981 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.89% <br>(Cost $5,839,329,213) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.89% <br>(Cost $5,839,329,213) | &nbsp;&nbsp; 7138046228 |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-1.41%** | **Money Market Funds-1.41%** | **Money Market Funds-1.41%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.00%<sup>(d)(e)(f)</sup><br>| 32964820 | &nbsp;&nbsp; 32964820 |
| Invesco Private Prime Fund, 4.12%<sup>(d)(e)(f)</sup> | 67605950 | &nbsp;&nbsp; 67626232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $100,591,052) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $100,591,052) | &nbsp;&nbsp; 100591052 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.30% <br>(Cost $5,939,920,265) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.30% <br>(Cost $5,939,920,265) | &nbsp;&nbsp; 7238637280 |
| OTHER ASSETS LESS LIABILITIES-(1.30)% | OTHER ASSETS LESS LIABILITIES-(1.30)% | &nbsp;&nbsp; (92827021)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $7145810259 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at November 30, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended November 30, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**November 30, 2025**<br>| **Dividend Income** |
| &nbsp;&nbsp; Invesco Ltd. | &nbsp;&nbsp;&nbsp; $2945321 | &nbsp;&nbsp;&nbsp; $329484 | &nbsp;&nbsp;&nbsp; $(1014664)<br>| &nbsp;&nbsp;&nbsp; $(22919)<br>| &nbsp;&nbsp;&nbsp; $310859 | &nbsp;&nbsp;&nbsp; $2548081 | &nbsp;&nbsp;&nbsp; $22062 |
| **Investments in** <br> **Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco <br> Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 35464236 | &nbsp;&nbsp;&nbsp; (35464236)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 35762 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500 Revenue ETF (RWL)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **August 31, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Realized**<br> **Gain**<br>| **Value**<br> **November 30, 2025**<br>| **Dividend Income** |
| **Investments** <br> **Purchased with** <br> **Cash Collateral** <br> **from Securities on** <br> **Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; $31554203 | &nbsp;&nbsp;&nbsp; $109187643 | &nbsp;&nbsp;&nbsp; $(107777026)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $32964820 | &nbsp;&nbsp;&nbsp; $286,589<br> \*<br>|
| &nbsp;&nbsp; Invesco Private <br> Prime Fund<br>| &nbsp;&nbsp;&nbsp; 81863786 | &nbsp;&nbsp;&nbsp; 190310146 | &nbsp;&nbsp;&nbsp; (204548883)<br>| &nbsp;&nbsp;&nbsp; (3925)<br>| &nbsp;&nbsp;&nbsp; 5108 | &nbsp;&nbsp;&nbsp; 67626232 | &nbsp;&nbsp;&nbsp; 768,984<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $116363310 | &nbsp;&nbsp;&nbsp; $335291509 | &nbsp;&nbsp;&nbsp; $(348804809)<br>| &nbsp;&nbsp;&nbsp; $(26844)<br>| &nbsp;&nbsp;&nbsp; $315967 | &nbsp;&nbsp;&nbsp; $103139133 | &nbsp;&nbsp;&nbsp; $1113397 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of November 30, 2025. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<sup>(a)</sup>

**Invesco S&P MidCap 400 Revenue ETF (RWK)**

November 30, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.89%** | **Common Stocks & Other Equity Interests-99.89%** | **Common Stocks & Other Equity Interests-99.89%** |
| **Communication Services-1.52%** | **Communication Services-1.52%** | **Communication Services-1.52%** |
| EchoStar Corp., Class A<sup>(b)(c)</sup> | 86188 | &nbsp;&nbsp; $6316718 |
| Frontier Communications Parent, Inc.<sup>(b)</sup> | 72032 | &nbsp;&nbsp; 2731453 |
| Iridium Communications, Inc.<sup>(c)</sup> | 21165 | &nbsp;&nbsp; 347106 |
| New York Times Co. (The), Class A | 20784 | &nbsp;&nbsp; 1340568 |
| Nexstar Media Group, Inc., Class A<sup>(c)</sup> | 11987 | &nbsp;&nbsp; 2303182 |
| Warner Music Group Corp., Class A | 85082 | &nbsp;&nbsp; 2402716 |
| ZoomInfo Technologies, Inc., Class A<sup>(b)(c)</sup> | 47617 | &nbsp;&nbsp; 472361 |
|  |  | &nbsp;&nbsp; 15914104 |
| **Consumer Discretionary-19.84%** | **Consumer Discretionary-19.84%** | **Consumer Discretionary-19.84%** |
| Abercrombie & Fitch Co., Class A<sup>(b)</sup> | 23554 | &nbsp;&nbsp; 2305230 |
| Aramark | 208716 | &nbsp;&nbsp; 7757974 |
| Autoliv, Inc. (Sweden) | 37278 | &nbsp;&nbsp; 4398431 |
| AutoNation, Inc.<sup>(b)</sup> | 54770 | &nbsp;&nbsp; 11572353 |
| Bath & Body Works, Inc.<sup>(c)</sup> | 116336 | &nbsp;&nbsp; 2025410 |
| Boyd Gaming Corp. | 21020 | &nbsp;&nbsp; 1750966 |
| Brunswick Corp. | 35049 | &nbsp;&nbsp; 2317089 |
| Burlington Stores, Inc.<sup>(b)(c)</sup> | 17587 | &nbsp;&nbsp; 4435969 |
| Capri Holdings Ltd.<sup>(b)(c)</sup> | 86889 | &nbsp;&nbsp; 2204374 |
| Cava Group, Inc.<sup>(b)(c)</sup> | 7369 | &nbsp;&nbsp; 360270 |
| Chewy, Inc., Class A<sup>(b)</sup> | 153608 | &nbsp;&nbsp; 5340950 |
| Choice Hotels International, Inc.<sup>(c)</sup> | 6228 | &nbsp;&nbsp; 568367 |
| Churchill Downs, Inc. | 13043 | &nbsp;&nbsp; 1422861 |
| Columbia Sportswear Co. | 27613 | &nbsp;&nbsp; 1483094 |
| Crocs, Inc.<sup>(b)(c)</sup> | 22690 | &nbsp;&nbsp; 1928196 |
| Dick's Sporting Goods, Inc. | 26997 | &nbsp;&nbsp; 5576770 |
| Duolingo, Inc.<sup>(b)</sup> | 1384 | &nbsp;&nbsp; 264911 |
| Five Below, Inc.<sup>(b)</sup> | 12904 | &nbsp;&nbsp; 2127741 |
| Floor & Decor Holdings, Inc., Class A<sup>(b)(c)</sup> | 24072 | &nbsp;&nbsp; 1531461 |
| GameStop Corp., Class A<sup>(b)(c)</sup> | 67090 | &nbsp;&nbsp; 1511538 |
| Gap, Inc. (The) | 281138 | &nbsp;&nbsp; 7610406 |
| Gentex Corp.<sup>(c)</sup> | 37714 | &nbsp;&nbsp; 861011 |
| Goodyear Tire & Rubber Co. (The)<sup>(b)(c)</sup> | 961314 | &nbsp;&nbsp; 8324979 |
| Graham Holdings Co., Class B | 1885 | &nbsp;&nbsp; 2085753 |
| Grand Canyon Education, Inc.<sup>(b)</sup> | 2342 | &nbsp;&nbsp; 369427 |
| H&R Block, Inc. | 33329 | &nbsp;&nbsp; 1403817 |
| Harley-Davidson, Inc. | 66316 | &nbsp;&nbsp; 1624079 |
| Hilton Grand Vacations, Inc.<sup>(b)(c)</sup> | 49222 | &nbsp;&nbsp; 2108178 |
| Hyatt Hotels Corp., Class A | 21296 | &nbsp;&nbsp; 3500849 |
| KB Home<sup>(c)</sup> | 45302 | &nbsp;&nbsp; 2914278 |
| Lear Corp. | 94121 | &nbsp;&nbsp; 10104831 |
| Lithia Motors, Inc., Class A<sup>(c)</sup> | 49122 | &nbsp;&nbsp; 15662058 |
| Macy's, Inc.<sup>(c)</sup> | 593189 | &nbsp;&nbsp; 13263706 |
| Marriott Vacations Worldwide Corp.<sup>(c)</sup> | 29595 | &nbsp;&nbsp; 1615887 |
| Mattel, Inc.<sup>(b)(c)</sup> | 132440 | &nbsp;&nbsp; 2797133 |
| Murphy USA, Inc. | 23063 | &nbsp;&nbsp; 8880869 |
| Ollie's Bargain Outlet Holdings, Inc.<sup>(b)(c)</sup> | 8373 | &nbsp;&nbsp; 1030800 |
| Penske Automotive Group, Inc. | 73884 | &nbsp;&nbsp; 11948520 |
| Planet Fitness, Inc., Class A<sup>(b)</sup> | 5472 | &nbsp;&nbsp; 612700 |
| Polaris, Inc. | 52152 | &nbsp;&nbsp; 3460807 |
| PVH Corp. | 48063 | &nbsp;&nbsp; 4073820 |
| RH<sup>(b)(c)</sup> | 6335 | &nbsp;&nbsp; 998333 |
| Service Corp. International<sup>(c)</sup> | 24183 | &nbsp;&nbsp; 1920856 |
| Somnigroup International, Inc.<sup>(c)</sup> | 31360 | &nbsp;&nbsp; 2870067 |
| Taylor Morrison Home Corp., Class A<sup>(b)</sup> | 53596 | &nbsp;&nbsp; 3359933 |
| Texas Roadhouse, Inc. | 15194 | &nbsp;&nbsp; 2662748 |
| Thor Industries, Inc.<sup>(c)</sup> | 39900 | &nbsp;&nbsp; 4214238 |
| Toll Brothers, Inc. | 33806 | &nbsp;&nbsp; 4727093 |
| TopBuild Corp.<sup>(b)(c)</sup> | 5561 | &nbsp;&nbsp; 2516352 |
| Travel + Leisure Co. | 28443 | &nbsp;&nbsp; 1950621 |
| Under Armour, Inc., Class A<sup>(b)(c)</sup> | 226735 | &nbsp;&nbsp; 1047516 |
| Under Armour, Inc., Class C<sup>(b)(c)</sup> | 232776 | &nbsp;&nbsp; 1031198 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** |
| V.F. Corp. | 284232 | &nbsp;&nbsp; $4974060 |
| Vail Resorts, Inc.<sup>(c)</sup> | 9113 | &nbsp;&nbsp; 1277734 |
| Valvoline, Inc.<sup>(b)(c)</sup> | 19035 | &nbsp;&nbsp; 595986 |
| Visteon Corp. | 13546 | &nbsp;&nbsp; 1398625 |
| Whirlpool Corp.<sup>(c)</sup> | 73818 | &nbsp;&nbsp; 5709822 |
| Wingstop, Inc.<sup>(c)</sup> | 1046 | &nbsp;&nbsp; 276908 |
| Wyndham Hotels & Resorts, Inc. | 7617 | &nbsp;&nbsp; 557564 |
| YETI Holdings, Inc.<sup>(b)(c)</sup> | 22814 | &nbsp;&nbsp; 946325 |
|  |  | &nbsp;&nbsp; 208173842 |
| **Consumer Staples-12.09%** | **Consumer Staples-12.09%** | **Consumer Staples-12.09%** |
| Albertson's Cos., Inc., Class A<sup>(c)</sup> | 1950954 | &nbsp;&nbsp; 35760987 |
| BellRing Brands, Inc.<sup>(b)(c)</sup> | 26785 | &nbsp;&nbsp; 827389 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc., <br> Class C<sup>(b)</sup><br>| 95587 | &nbsp;&nbsp; 8529228 |
| Boston Beer Co., Inc. (The), Class A<sup>(b)</sup> | 4134 | &nbsp;&nbsp; 805303 |
| Casey's General Stores, Inc. | 13176 | &nbsp;&nbsp; 7516381 |
| Celsius Holdings, Inc.<sup>(b)</sup> | 13134 | &nbsp;&nbsp; 537706 |
| Coca-Cola Consolidated, Inc. | 25477 | &nbsp;&nbsp; 4151477 |
| Coty, Inc., Class A<sup>(b)(c)</sup> | 652424 | &nbsp;&nbsp; 2166048 |
| Darling Ingredients, Inc.<sup>(b)(c)</sup> | 81130 | &nbsp;&nbsp; 2970169 |
| e.l.f. Beauty, Inc.<sup>(b)(c)</sup> | 4410 | &nbsp;&nbsp; 335910 |
| Flowers Foods, Inc. | 158913 | &nbsp;&nbsp; 1705137 |
| Ingredion, Inc. | 25828 | &nbsp;&nbsp; 2777543 |
| Maplebear, Inc.<sup>(b)</sup> | 33589 | &nbsp;&nbsp; 1411074 |
| Marzetti Co. (The) | 4694 | &nbsp;&nbsp; 783616 |
| Performance Food Group Co.<sup>(b)</sup> | 270449 | &nbsp;&nbsp; 26252484 |
| Pilgrim's Pride Corp. | 187036 | &nbsp;&nbsp; 7114849 |
| Post Holdings, Inc.<sup>(b)(c)</sup> | 33638 | &nbsp;&nbsp; 3499361 |
| Sprouts Farmers Market, Inc.<sup>(b)</sup> | 27878 | &nbsp;&nbsp; 2336455 |
| US Foods Holding Corp.<sup>(b)</sup> | 221343 | &nbsp;&nbsp; 17413054 |
|  |  | &nbsp;&nbsp; 126894171 |
| **Energy-5.87%** | **Energy-5.87%** | **Energy-5.87%** |
| Antero Midstream Corp. | 29539 | &nbsp;&nbsp; 531997 |
| Antero Resources Corp.<sup>(b)</sup> | 66336 | &nbsp;&nbsp; 2416620 |
| Chord Energy Corp. | 22143 | &nbsp;&nbsp; 2078342 |
| Civitas Resources, Inc. | 63417 | &nbsp;&nbsp; 1862557 |
| CNX Resources Corp.<sup>(b)(c)</sup> | 29390 | &nbsp;&nbsp; 1141508 |
| DT Midstream, Inc. | 4605 | &nbsp;&nbsp; 559323 |
| HF Sinclair Corp. | 233960 | &nbsp;&nbsp; 12378824 |
| Matador Resources Co.<sup>(c)</sup> | 33940 | &nbsp;&nbsp; 1439056 |
| Murphy Oil Corp. | 47433 | &nbsp;&nbsp; 1521176 |
| NOV, Inc.<sup>(c)</sup> | 299121 | &nbsp;&nbsp; 4594499 |
| Ovintiv, Inc. | 94226 | &nbsp;&nbsp; 3859497 |
| PBF Energy, Inc., Class A<sup>(c)</sup> | 478865 | &nbsp;&nbsp; 16511265 |
| Permian Resources Corp. | 159173 | &nbsp;&nbsp; 2306417 |
| Range Resources Corp. | 35756 | &nbsp;&nbsp; 1412004 |
| TechnipFMC PLC (United Kingdom) | 103512 | &nbsp;&nbsp; 4684953 |
| Valaris Ltd.<sup>(b)(c)</sup> | 20811 | &nbsp;&nbsp; 1173949 |
| Viper Energy, Inc., Class A<sup>(c)</sup> | 10889 | &nbsp;&nbsp; 397775 |
| Weatherford International PLC | 35897 | &nbsp;&nbsp; 2685096 |
|  |  | &nbsp;&nbsp; 61554858 |
| **Financials-13.15%** | **Financials-13.15%** | **Financials-13.15%** |
| Affiliated Managers Group, Inc.<sup>(c)</sup> | 3912 | &nbsp;&nbsp; 1051663 |
| Ally Financial, Inc.<sup>(c)</sup> | 168116 | &nbsp;&nbsp; 6943191 |
| American Financial Group, Inc. | 26833 | &nbsp;&nbsp; 3695441 |
| Annaly Capital Management, Inc.<sup>(c)</sup> | 130431 | &nbsp;&nbsp; 2973827 |
| Associated Banc-Corp | 36000 | &nbsp;&nbsp; 946440 |
| Bank OZK<sup>(c)</sup> | 23596 | &nbsp;&nbsp; 1085888 |
| Brighthouse Financial, Inc.<sup>(b)</sup> | 59199 | &nbsp;&nbsp; 3880494 |
| Cadence Bank | 35033 | &nbsp;&nbsp; 1395715 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P MidCap 400 Revenue ETF (RWK)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Carlyle Group, Inc. (The)<sup>(c)</sup> | 42306 | &nbsp;&nbsp; $2306946 |
| CNO Financial Group, Inc. | 50017 | &nbsp;&nbsp; 2047196 |
| Columbia Banking System, Inc. | 50004 | &nbsp;&nbsp; 1386111 |
| Comerica, Inc. | 30095 | &nbsp;&nbsp; 2419036 |
| Commerce Bancshares, Inc. | 15554 | &nbsp;&nbsp; 838516 |
| Cullen/Frost Bankers, Inc. | 10120 | &nbsp;&nbsp; 1252046 |
| East West Bancorp, Inc. | 18589 | &nbsp;&nbsp; 1983446 |
| Equitable Holdings, Inc.<sup>(c)</sup> | 121077 | &nbsp;&nbsp; 5653085 |
| Essent Group Ltd. | 8704 | &nbsp;&nbsp; 546263 |
| Euronet Worldwide, Inc.<sup>(b)(c)</sup> | 20478 | &nbsp;&nbsp; 1517215 |
| Evercore, Inc., Class A | 4353 | &nbsp;&nbsp; 1393265 |
| F.N.B. Corp. | 71313 | &nbsp;&nbsp; 1186648 |
| Federated Hermes, Inc., Class B | 14152 | &nbsp;&nbsp; 710006 |
| Fidelity National Financial, Inc. | 102294 | &nbsp;&nbsp; 6079332 |
| First American Financial Corp. | 43793 | &nbsp;&nbsp; 2879828 |
| First Financial Bankshares, Inc. | 9725 | &nbsp;&nbsp; 303809 |
| First Horizon Corp. | 96038 | &nbsp;&nbsp; 2145489 |
| FirstCash Holdings, Inc. | 10365 | &nbsp;&nbsp; 1641920 |
| Flagstar Bank N.A | 199014 | &nbsp;&nbsp; 2435931 |
| Glacier Bancorp, Inc.<sup>(c)</sup> | 12027 | &nbsp;&nbsp; 508742 |
| Hamilton Lane, Inc., Class A<sup>(c)</sup> | 2035 | &nbsp;&nbsp; 252208 |
| Hancock Whitney Corp. | 14106 | &nbsp;&nbsp; 854683 |
| Hanover Insurance Group, Inc. (The) | 16005 | &nbsp;&nbsp; 2969728 |
| Home BancShares, Inc. | 21996 | &nbsp;&nbsp; 617208 |
| Houlihan Lokey, Inc. | 5490 | &nbsp;&nbsp; 962946 |
| International Bancshares Corp.<sup>(c)</sup> | 6508 | &nbsp;&nbsp; 432652 |
| Janus Henderson Group PLC | 27114 | &nbsp;&nbsp; 1185153 |
| Jefferies Financial Group, Inc. | 61432 | &nbsp;&nbsp; 3536026 |
| Kemper Corp. | 40272 | &nbsp;&nbsp; 1639876 |
| Kinsale Capital Group, Inc. | 1801 | &nbsp;&nbsp; 693205 |
| MGIC Investment Corp. | 19025 | &nbsp;&nbsp; 539359 |
| Morningstar, Inc.<sup>(c)</sup> | 4136 | &nbsp;&nbsp; 888661 |
| Old National Bancorp | 63596 | &nbsp;&nbsp; 1381941 |
| Old Republic International Corp. | 96568 | &nbsp;&nbsp; 4451785 |
| Pinnacle Financial Partners, Inc. | 14190 | &nbsp;&nbsp; 1300939 |
| Primerica, Inc. | 5310 | &nbsp;&nbsp; 1366369 |
| Prosperity Bancshares, Inc.<sup>(c)</sup> | 11679 | &nbsp;&nbsp; 802464 |
| Reinsurance Group of America, Inc. | 50551 | &nbsp;&nbsp; 9598118 |
| RenaissanceRe Holdings Ltd. (Bermuda) | 24102 | &nbsp;&nbsp; 6294719 |
| RLI Corp. | 12015 | &nbsp;&nbsp; 740845 |
| Ryan Specialty Holdings, Inc., Class A<sup>(c)</sup> | 24735 | &nbsp;&nbsp; 1436361 |
| SEI Investments Co. | 11262 | &nbsp;&nbsp; 910645 |
| Selective Insurance Group, Inc. | 29169 | &nbsp;&nbsp; 2291517 |
| Shift4 Payments, Inc., Class A<sup>(b)(c)</sup> | 18776 | &nbsp;&nbsp; 1385293 |
| SLM Corp. | 45422 | &nbsp;&nbsp; 1330865 |
| SouthState Bank Corp. | 12487 | &nbsp;&nbsp; 1117711 |
| Starwood Property Trust, Inc. | 39132 | &nbsp;&nbsp; 717681 |
| Stifel Financial Corp. | 23706 | &nbsp;&nbsp; 2892132 |
| Synovus Financial Corp. | 31620 | &nbsp;&nbsp; 1524084 |
| Texas Capital Bancshares, Inc.<sup>(b)</sup> | 10020 | &nbsp;&nbsp; 903503 |
| UMB Financial Corp. | 12362 | &nbsp;&nbsp; 1373171 |
| United Bankshares, Inc.<sup>(c)</sup> | 19916 | &nbsp;&nbsp; 741672 |
| Unum Group | 78069 | &nbsp;&nbsp; 5930902 |
| Valley National Bancorp | 145833 | &nbsp;&nbsp; 1650830 |
| Voya Financial, Inc. | 46539 | &nbsp;&nbsp; 3271692 |
| Webster Financial Corp.<sup>(c)</sup> | 30865 | &nbsp;&nbsp; 1839554 |
| Western Alliance Bancorporation | 25436 | &nbsp;&nbsp; 2073797 |
| WEX, Inc.<sup>(b)(c)</sup> | 6818 | &nbsp;&nbsp; 1011518 |
| Wintrust Financial Corp.<sup>(c)</sup> | 13349 | &nbsp;&nbsp; 1789033 |
| Zions Bancorporation N.A. | 38158 | &nbsp;&nbsp; 2031150 |
|  |  | &nbsp;&nbsp; 137939485 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-4.95%** | **Health Care-4.95%** | **Health Care-4.95%** |
| Avantor, Inc.<sup>(b)</sup> | 235085 | &nbsp;&nbsp; $2757547 |
| BioMarin Pharmaceutical, Inc.<sup>(b)</sup> | 24831 | &nbsp;&nbsp; 1388798 |
| Bio-Rad Laboratories, Inc., Class A<sup>(b)(c)</sup> | 4106 | &nbsp;&nbsp; 1333875 |
| Bruker Corp. | 50257 | &nbsp;&nbsp; 2453044 |
| Chemed Corp. | 2481 | &nbsp;&nbsp; 1089630 |
| Cytokinetics, Inc.<sup>(b)(c)</sup> | 734 | &nbsp;&nbsp; 50007 |
| DENTSPLY SIRONA, Inc.<sup>(c)</sup> | 119257 | &nbsp;&nbsp; 1352374 |
| Doximity, Inc., Class A<sup>(b)</sup> | 3827 | &nbsp;&nbsp; 196861 |
| Elanco Animal Health, Inc.<sup>(b)(c)</sup> | 108878 | &nbsp;&nbsp; 2533591 |
| Encompass Health Corp. | 20246 | &nbsp;&nbsp; 2352990 |
| Ensign Group, Inc. (The) | 12362 | &nbsp;&nbsp; 2293646 |
| Envista Holdings Corp.<sup>(b)(c)</sup> | 54449 | &nbsp;&nbsp; 1137984 |
| Exelixis, Inc.<sup>(b)</sup> | 26212 | &nbsp;&nbsp; 1157784 |
| Globus Medical, Inc., Class A<sup>(b)</sup> | 20001 | &nbsp;&nbsp; 1820891 |
| Haemonetics Corp.<sup>(b)</sup> | 11092 | &nbsp;&nbsp; 902334 |
| Halozyme Therapeutics, Inc.<sup>(b)</sup> | 6885 | &nbsp;&nbsp; 491589 |
| HealthEquity, Inc.<sup>(b)</sup> | 6125 | &nbsp;&nbsp; 644228 |
| Hims & Hers Health, Inc.<sup>(b)(c)</sup> | 18682 | &nbsp;&nbsp; 742796 |
| Illumina, Inc.<sup>(b)</sup> | 19957 | &nbsp;&nbsp; 2623348 |
| Jazz Pharmaceuticals PLC<sup>(b)(c)</sup> | 14331 | &nbsp;&nbsp; 2529851 |
| Lantheus Holdings, Inc.<sup>(b)</sup> | 12848 | &nbsp;&nbsp; 756362 |
| LivaNova PLC<sup>(b)</sup> | 10245 | &nbsp;&nbsp; 653733 |
| Masimo Corp.<sup>(b)(c)</sup> | 5622 | &nbsp;&nbsp; 800742 |
| Medpace Holdings, Inc.<sup>(b)</sup> | 2111 | &nbsp;&nbsp; 1250683 |
| Neurocrine Biosciences, Inc.<sup>(b)</sup> | 7889 | &nbsp;&nbsp; 1200390 |
| Option Care Health, Inc.<sup>(b)(c)</sup> | 83340 | &nbsp;&nbsp; 2591874 |
| Penumbra, Inc.<sup>(b)</sup> | 2103 | &nbsp;&nbsp; 616537 |
| Perrigo Co. PLC | 87036 | &nbsp;&nbsp; 1161931 |
| Repligen Corp.<sup>(b)</sup> | 2482 | &nbsp;&nbsp; 424472 |
| Roivant Sciences Ltd.<sup>(b)(c)</sup> | 753 | &nbsp;&nbsp; 15670 |
| Sotera Health Co.<sup>(b)</sup> | 31641 | &nbsp;&nbsp; 553085 |
| Tenet Healthcare Corp.<sup>(b)</sup> | 48025 | &nbsp;&nbsp; 10413741 |
| United Therapeutics Corp.<sup>(b)</sup> | 3453 | &nbsp;&nbsp; 1678158 |
|  |  | &nbsp;&nbsp; 51970546 |
| **Industrials-21.67%** | **Industrials-21.67%** | **Industrials-21.67%** |
| AAON, Inc. | 6587 | &nbsp;&nbsp; 615753 |
| Acuity, Inc. | 5625 | &nbsp;&nbsp; 2061112 |
| Advanced Drainage Systems, Inc. | 9212 | &nbsp;&nbsp; 1403725 |
| AECOM | 57074 | &nbsp;&nbsp; 5886042 |
| AeroVironment, Inc.<sup>(b)</sup> | 1479 | &nbsp;&nbsp; 413321 |
| AGCO Corp. | 42292 | &nbsp;&nbsp; 4481260 |
| Alaska Air Group, Inc.<sup>(b)(c)</sup> | 95835 | &nbsp;&nbsp; 4107488 |
| American Airlines Group, Inc.<sup>(b)(c)</sup> | 1884990 | &nbsp;&nbsp; 26484109 |
| API Group Corp.<sup>(b)</sup> | 93620 | &nbsp;&nbsp; 3703607 |
| Applied Industrial Technologies, Inc. | 7707 | &nbsp;&nbsp; 1994726 |
| ATI, Inc.<sup>(b)</sup> | 26271 | &nbsp;&nbsp; 2648117 |
| Avis Budget Group, Inc.<sup>(b)(c)</sup> | 33374 | &nbsp;&nbsp; 4534859 |
| Brink's Co. (The) | 19751 | &nbsp;&nbsp; 2218630 |
| BWX Technologies, Inc. | 7652 | &nbsp;&nbsp; 1368790 |
| CACI International, Inc., Class A<sup>(b)</sup> | 7897 | &nbsp;&nbsp; 4873239 |
| Carlisle Cos., Inc.<sup>(c)</sup> | 5891 | &nbsp;&nbsp; 1873750 |
| Carpenter Technology Corp. | 5180 | &nbsp;&nbsp; 1650037 |
| Chart Industries, Inc.<sup>(b)(c)</sup> | 9502 | &nbsp;&nbsp; 1937933 |
| Clean Harbors, Inc.<sup>(b)</sup> | 11287 | &nbsp;&nbsp; 2568470 |
| CNH Industrial N.V.<sup>(c)</sup> | 716842 | &nbsp;&nbsp; 6759820 |
| Comfort Systems USA, Inc. | 4570 | &nbsp;&nbsp; 4464616 |
| Concentrix Corp.<sup>(c)</sup> | 82825 | &nbsp;&nbsp; 2999093 |
| Core & Main, Inc., Class A<sup>(b)</sup> | 69669 | &nbsp;&nbsp; 3367799 |
| Crane Co. | 5530 | &nbsp;&nbsp; 1013372 |
| Curtiss-Wright Corp. | 2971 | &nbsp;&nbsp; 1676506 |
| Donaldson Co., Inc. | 20489 | &nbsp;&nbsp; 1841961 |
| EnerSys | 15664 | &nbsp;&nbsp; 2241675 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P MidCap 400 Revenue ETF (RWK)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| ESAB Corp. | 10726 | &nbsp;&nbsp; $1203886 |
| ExlService Holdings, Inc.<sup>(b)</sup> | 20431 | &nbsp;&nbsp; 811724 |
| Exponent, Inc. | 3566 | &nbsp;&nbsp; 257822 |
| Flowserve Corp. | 36778 | &nbsp;&nbsp; 2624110 |
| Fluor Corp.<sup>(b)</sup> | 175820 | &nbsp;&nbsp; 7547953 |
| Fortune Brands Innovations, Inc.<sup>(c)</sup> | 34069 | &nbsp;&nbsp; 1758982 |
| FTI Consulting, Inc.<sup>(b)(c)</sup> | 10085 | &nbsp;&nbsp; 1645368 |
| GATX Corp.<sup>(c)</sup> | 4381 | &nbsp;&nbsp; 700653 |
| Genpact Ltd. | 50998 | &nbsp;&nbsp; 2246972 |
| Graco, Inc.<sup>(c)</sup> | 11335 | &nbsp;&nbsp; 934457 |
| GXO Logistics, Inc.<sup>(b)(c)</sup> | 112409 | &nbsp;&nbsp; 5703633 |
| Hexcel Corp. | 13375 | &nbsp;&nbsp; 1019576 |
| Insperity, Inc. | 58252 | &nbsp;&nbsp; 2060373 |
| ITT, Inc. | 9457 | &nbsp;&nbsp; 1741601 |
| KBR, Inc. | 72091 | &nbsp;&nbsp; 2971591 |
| Kirby Corp.<sup>(b)(c)</sup> | 16752 | &nbsp;&nbsp; 1901687 |
| Knight-Swift Transportation Holdings, Inc. | 79739 | &nbsp;&nbsp; 3652046 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, <br> Inc.<sup>(b)</sup><br>| 8187 | &nbsp;&nbsp; 623031 |
| Landstar System, Inc.<sup>(c)</sup> | 16423 | &nbsp;&nbsp; 2148785 |
| Lincoln Electric Holdings, Inc. | 7537 | &nbsp;&nbsp; 1804584 |
| MasTec, Inc.<sup>(b)</sup> | 30587 | &nbsp;&nbsp; 6541947 |
| Maximus, Inc. | 27579 | &nbsp;&nbsp; 2374276 |
| Middleby Corp. (The)<sup>(b)</sup> | 12396 | &nbsp;&nbsp; 1465207 |
| MSA Safety, Inc. | 4789 | &nbsp;&nbsp; 772466 |
| MSC Industrial Direct Co., Inc., Class A<sup>(c)</sup> | 18190 | &nbsp;&nbsp; 1618182 |
| Mueller Industries, Inc. | 18516 | &nbsp;&nbsp; 2034353 |
| Nextracker, Inc., Class A<sup>(b)</sup> | 20438 | &nbsp;&nbsp; 1872530 |
| nVent Electric PLC | 15458 | &nbsp;&nbsp; 1658180 |
| Oshkosh Corp. | 33904 | &nbsp;&nbsp; 4345815 |
| Owens Corning | 32547 | &nbsp;&nbsp; 3685622 |
| Parsons Corp.<sup>(b)(c)</sup> | 39742 | &nbsp;&nbsp; 3365353 |
| Paylocity Holding Corp.<sup>(b)</sup> | 4173 | &nbsp;&nbsp; 614808 |
| RB Global, Inc. (Canada) | 16920 | &nbsp;&nbsp; 1661544 |
| RBC Bearings, Inc.<sup>(b)</sup> | 1959 | &nbsp;&nbsp; 871696 |
| Regal Rexnord Corp. | 18416 | &nbsp;&nbsp; 2688552 |
| Ryder System, Inc. | 30324 | &nbsp;&nbsp; 5252420 |
| Saia, Inc.<sup>(b)</sup> | 4676 | &nbsp;&nbsp; 1316575 |
| Science Applications International Corp. | 32181 | &nbsp;&nbsp; 2774324 |
| Sensata Technologies Holding PLC<sup>(c)</sup> | 53012 | &nbsp;&nbsp; 1700095 |
| Simpson Manufacturing Co., Inc.<sup>(c)</sup> | 5286 | &nbsp;&nbsp; 884771 |
| Terex Corp.<sup>(c)</sup> | 43779 | &nbsp;&nbsp; 2023028 |
| Tetra Tech, Inc. | 68484 | &nbsp;&nbsp; 2379134 |
| Timken Co. (The) | 26298 | &nbsp;&nbsp; 2140394 |
| Toro Co. (The)<sup>(c)</sup> | 25628 | &nbsp;&nbsp; 1787297 |
| TransUnion | 21623 | &nbsp;&nbsp; 1839036 |
| Trex Co., Inc.<sup>(b)(c)</sup> | 8332 | &nbsp;&nbsp; 291453 |
| UFP Industries, Inc. | 29197 | &nbsp;&nbsp; 2715029 |
| Valmont Industries, Inc. | 4807 | &nbsp;&nbsp; 1985147 |
| Watsco, Inc. | 8562 | &nbsp;&nbsp; 2965877 |
| Watts Water Technologies, Inc., Class A | 3652 | &nbsp;&nbsp; 1007514 |
| WESCO International, Inc. | 46102 | &nbsp;&nbsp; 12328136 |
| Woodward, Inc. | 6389 | &nbsp;&nbsp; 1916892 |
| XPO, Inc.<sup>(b)(c)</sup> | 27474 | &nbsp;&nbsp; 3902956 |
|  |  | &nbsp;&nbsp; 227329253 |
| **Information Technology-10.09%** | **Information Technology-10.09%** | **Information Technology-10.09%** |
| Allegro MicroSystems, Inc. (Japan)<sup>(b)(c)</sup> | 11041 | &nbsp;&nbsp; 294684 |
| Amkor Technology, Inc. | 113417 | &nbsp;&nbsp; 4127245 |
| AppFolio, Inc., Class A<sup>(b)</sup> | 1393 | &nbsp;&nbsp; 317994 |
| Arrow Electronics, Inc.<sup>(b)(c)</sup> | 99833 | &nbsp;&nbsp; 10782962 |
| ASGN, Inc.<sup>(b)</sup> | 35044 | &nbsp;&nbsp; 1577330 |
| Avnet, Inc. | 183374 | &nbsp;&nbsp; 8712099 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| Belden, Inc. | 8932 | &nbsp;&nbsp; $1012889 |
| BILL Holdings, Inc.<sup>(b)(c)</sup> | 12278 | &nbsp;&nbsp; 615742 |
| Blackbaud, Inc.<sup>(b)</sup> | 7368 | &nbsp;&nbsp; 415408 |
| Ciena Corp.<sup>(b)</sup> | 15567 | &nbsp;&nbsp; 3178937 |
| Cirrus Logic, Inc.<sup>(b)</sup> | 7578 | &nbsp;&nbsp; 911936 |
| Cognex Corp. | 9265 | &nbsp;&nbsp; 352996 |
| Coherent Corp.<sup>(b)</sup> | 24985 | &nbsp;&nbsp; 4104036 |
| Commvault Systems, Inc.<sup>(b)</sup> | 2635 | &nbsp;&nbsp; 325422 |
| Crane NXT Co. | 11209 | &nbsp;&nbsp; 631067 |
| DocuSign, Inc.<sup>(b)</sup> | 17477 | &nbsp;&nbsp; 1212030 |
| Dolby Laboratories, Inc., Class A | 8403 | &nbsp;&nbsp; 566782 |
| Dropbox, Inc., Class A<sup>(b)(c)</sup> | 36704 | &nbsp;&nbsp; 1096715 |
| Dynatrace, Inc.<sup>(b)</sup> | 16514 | &nbsp;&nbsp; 735864 |
| Entegris, Inc. | 18061 | &nbsp;&nbsp; 1393226 |
| Fabrinet (Thailand)<sup>(b)(c)</sup> | 4077 | &nbsp;&nbsp; 1873015 |
| Flex Ltd.<sup>(b)</sup> | 199935 | &nbsp;&nbsp; 11818158 |
| Guidewire Software, Inc.<sup>(b)</sup> | 2122 | &nbsp;&nbsp; 458310 |
| IPG Photonics Corp.<sup>(b)(c)</sup> | 5128 | &nbsp;&nbsp; 408394 |
| Kyndryl Holdings, Inc.<sup>(b)(c)</sup> | 207371 | &nbsp;&nbsp; 5356393 |
| Lattice Semiconductor Corp.<sup>(b)(c)</sup> | 3297 | &nbsp;&nbsp; 231482 |
| Littelfuse, Inc. | 3835 | &nbsp;&nbsp; 981837 |
| Lumentum Holdings, Inc.<sup>(b)</sup> | 4424 | &nbsp;&nbsp; 1438508 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, <br> Inc.<sup>(b)</sup><br>| 3061 | &nbsp;&nbsp; 535644 |
| Manhattan Associates, Inc.<sup>(b)</sup> | 2219 | &nbsp;&nbsp; 391543 |
| MKS, Inc. | 15049 | &nbsp;&nbsp; 2353513 |
| Novanta, Inc.<sup>(b)</sup> | 3669 | &nbsp;&nbsp; 417019 |
| Nutanix, Inc., Class A<sup>(b)</sup> | 14585 | &nbsp;&nbsp; 697163 |
| Okta, Inc.<sup>(b)(c)</sup> | 13628 | &nbsp;&nbsp; 1094737 |
| Onto Innovation, Inc.<sup>(b)</sup> | 4320 | &nbsp;&nbsp; 618451 |
| Pegasystems, Inc. | 13154 | &nbsp;&nbsp; 720445 |
| Power Integrations, Inc. | 4393 | &nbsp;&nbsp; 147605 |
| Pure Storage, Inc., Class A<sup>(b)(c)</sup> | 18374 | &nbsp;&nbsp; 1634551 |
| Qualys, Inc.<sup>(b)</sup> | 2161 | &nbsp;&nbsp; 304377 |
| Rambus, Inc.<sup>(b)</sup> | 3693 | &nbsp;&nbsp; 352940 |
| Silicon Laboratories, Inc.<sup>(b)</sup> | 2361 | &nbsp;&nbsp; 301216 |
| Synaptics, Inc.<sup>(b)(c)</sup> | 6873 | &nbsp;&nbsp; 470869 |
| TD SYNNEX Corp.<sup>(c)</sup> | 176188 | &nbsp;&nbsp; 26865146 |
| Twilio, Inc., Class A<sup>(b)</sup> | 20188 | &nbsp;&nbsp; 2618182 |
| Universal Display Corp. | 2153 | &nbsp;&nbsp; 256056 |
| Vontier Corp.<sup>(c)</sup> | 31545 | &nbsp;&nbsp; 1144453 |
|  |  | &nbsp;&nbsp; 105855371 |
| **Materials-6.29%** | **Materials-6.29%** | **Materials-6.29%** |
| Alcoa Corp.<sup>(c)</sup> | 187746 | &nbsp;&nbsp; 7836518 |
| AptarGroup, Inc.<sup>(c)</sup> | 11793 | &nbsp;&nbsp; 1471177 |
| Ashland, Inc. | 15612 | &nbsp;&nbsp; 825875 |
| Avient Corp. | 39710 | &nbsp;&nbsp; 1214729 |
| Axalta Coating Systems Ltd.<sup>(b)</sup> | 74770 | &nbsp;&nbsp; 2252820 |
| Cabot Corp. | 21447 | &nbsp;&nbsp; 1341939 |
| Cleveland-Cliffs, Inc.<sup>(b)(c)</sup> | 722852 | &nbsp;&nbsp; 9425990 |
| Commercial Metals Co. | 58873 | &nbsp;&nbsp; 3754920 |
| Crown Holdings, Inc. | 56627 | &nbsp;&nbsp; 5483192 |
| Eagle Materials, Inc. | 4406 | &nbsp;&nbsp; 985710 |
| Graphic Packaging Holding Co.<sup>(c)</sup> | 185376 | &nbsp;&nbsp; 2999384 |
| Greif, Inc., Class A | 38033 | &nbsp;&nbsp; 2496106 |
| Knife River Corp.<sup>(b)(c)</sup> | 16703 | &nbsp;&nbsp; 1250052 |
| Louisiana-Pacific Corp.<sup>(c)</sup> | 13442 | &nbsp;&nbsp; 1102378 |
| MP Materials Corp.<sup>(b)(c)</sup> | 1714 | &nbsp;&nbsp; 106182 |
| NewMarket Corp. | 1519 | &nbsp;&nbsp; 1159802 |
| Olin Corp. | 116256 | &nbsp;&nbsp; 2453001 |
| Reliance, Inc. | 20896 | &nbsp;&nbsp; 5836671 |
| Royal Gold, Inc.<sup>(c)</sup> | 1890 | &nbsp;&nbsp; 385258 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P MidCap 400 Revenue ETF (RWK)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Materials-(continued)** | **Materials-(continued)** | **Materials-(continued)** |
| RPM International, Inc. | 26336 | &nbsp;&nbsp; $2824536 |
| Scotts Miracle-Gro Co. (The) | 25263 | &nbsp;&nbsp; 1430391 |
| Silgan Holdings, Inc. | 62273 | &nbsp;&nbsp; 2468502 |
| Sonoco Products Co. | 64345 | &nbsp;&nbsp; 2713429 |
| Westlake Corp. | 61702 | &nbsp;&nbsp; 4122311 |
|  |  | &nbsp;&nbsp; 65940873 |
| **Real Estate-2.40%** | **Real Estate-2.40%** | **Real Estate-2.40%** |
| Agree Realty Corp. | 4067 | &nbsp;&nbsp; 305920 |
| American Homes 4 Rent, Class A | 23596 | &nbsp;&nbsp; 757904 |
| Brixmor Property Group, Inc. | 21289 | &nbsp;&nbsp; 556494 |
| COPT Defense Properties | 10884 | &nbsp;&nbsp; 334465 |
| Cousins Properties, Inc. | 14028 | &nbsp;&nbsp; 361642 |
| CubeSmart | 11884 | &nbsp;&nbsp; 442441 |
| EastGroup Properties, Inc. | 1833 | &nbsp;&nbsp; 332103 |
| EPR Properties | 5716 | &nbsp;&nbsp; 298775 |
| Equity LifeStyle Properties, Inc.<sup>(c)</sup> | 11256 | &nbsp;&nbsp; 707665 |
| First Industrial Realty Trust, Inc. | 6059 | &nbsp;&nbsp; 346817 |
| Gaming and Leisure Properties, Inc. | 14410 | &nbsp;&nbsp; 627267 |
| Healthcare Realty Trust, Inc.<sup>(c)</sup> | 29564 | &nbsp;&nbsp; 538952 |
| Independence Realty Trust, Inc.<sup>(c)</sup> | 16431 | &nbsp;&nbsp; 281792 |
| Jones Lang LaSalle, Inc.<sup>(b)</sup> | 35762 | &nbsp;&nbsp; 11647326 |
| Kilroy Realty Corp.<sup>(c)</sup> | 11955 | &nbsp;&nbsp; 512750 |
| Kite Realty Group Trust<sup>(c)</sup> | 16992 | &nbsp;&nbsp; 393195 |
| Lamar Advertising Co., Class A | 7831 | &nbsp;&nbsp; 1036746 |
| National Storage Affiliates Trust<sup>(c)</sup> | 10561 | &nbsp;&nbsp; 311021 |
| NNN REIT, Inc.<sup>(c)</sup> | 9276 | &nbsp;&nbsp; 383563 |
| Omega Healthcare Investors, Inc. | 11590 | &nbsp;&nbsp; 532213 |
| Park Hotels & Resorts, Inc.<sup>(c)</sup> | 96464 | &nbsp;&nbsp; 1043740 |
| PotlatchDeltic Corp.<sup>(c)</sup> | 11274 | &nbsp;&nbsp; 453666 |
| Rayonier, Inc. | 18803 | &nbsp;&nbsp; 417615 |
| Rexford Industrial Realty, Inc.<sup>(c)</sup> | 10179 | &nbsp;&nbsp; 423548 |
| Sabra Health Care REIT, Inc. | 16978 | &nbsp;&nbsp; 331241 |
| STAG Industrial, Inc. | 9940 | &nbsp;&nbsp; 390443 |
| Vornado Realty Trust | 19763 | &nbsp;&nbsp; 727674 |
| W.P. Carey, Inc. | 10793 | &nbsp;&nbsp; 727124 |
|  |  | &nbsp;&nbsp; 25224102 |
| **Utilities-2.02%** | **Utilities-2.02%** | **Utilities-2.02%** |
| ALLETE, Inc. | 10647 | &nbsp;&nbsp; 719950 |
| Black Hills Corp. | 17003 | &nbsp;&nbsp; 1254651 |
| Essential Utilities, Inc. | 27276 | &nbsp;&nbsp; 1079857 |
| IDACORP, Inc. | 6458 | &nbsp;&nbsp; 851035 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| National Fuel Gas Co.<sup>(c)</sup> | 10670 | &nbsp;&nbsp; $879742 |
| New Jersey Resources Corp.<sup>(c)</sup> | 19750 | &nbsp;&nbsp; 949580 |
| NorthWestern Energy Group, Inc.<sup>(c)</sup> | 11948 | &nbsp;&nbsp; 825487 |
| OGE Energy Corp. | 32564 | &nbsp;&nbsp; 1490780 |
| ONE Gas, Inc. | 13788 | &nbsp;&nbsp; 1154607 |
| Ormat Technologies, Inc. | 4396 | &nbsp;&nbsp; 496352 |
| Portland General Electric Co. | 34294 | &nbsp;&nbsp; 1742821 |
| Southwest Gas Holdings, Inc. | 26936 | &nbsp;&nbsp; 2237035 |
| Spire, Inc.<sup>(c)</sup> | 14205 | &nbsp;&nbsp; 1259415 |
| Talen Energy Corp.<sup>(b)</sup> | 4065 | &nbsp;&nbsp; 1602708 |
| TXNM Energy, Inc. | 15817 | &nbsp;&nbsp; 924504 |
| UGI Corp. | 94943 | &nbsp;&nbsp; 3754996 |
|  |  | &nbsp;&nbsp; 21223520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $915,645,526) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $915,645,526) | &nbsp;&nbsp; 1048020125 |
| **Money Market Funds-0.04%** | **Money Market Funds-0.04%** | **Money Market Funds-0.04%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.91%<sup>(d)(e)</sup> <br>(Cost $404,685)<br>| 404685 | &nbsp;&nbsp; 404685 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.93% <br>(Cost $916,050,211) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.93% <br>(Cost $916,050,211) | &nbsp;&nbsp; 1048424810 |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-14.26%** | **Money Market Funds-14.26%** | **Money Market Funds-14.26%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.00%<sup>(d)(e)(f)</sup><br>| 41446992 | &nbsp;&nbsp; 41446992 |
| Invesco Private Prime Fund, 4.12%<sup>(d)(e)(f)</sup> | 108106755 | &nbsp;&nbsp; 108139187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $149,586,179) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $149,586,179) | &nbsp;&nbsp; 149586179 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-114.19% <br>(Cost $1,065,636,390) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-114.19% <br>(Cost $1,065,636,390) | &nbsp;&nbsp; 1198010989 |
| OTHER ASSETS LESS LIABILITIES-(14.19)% | OTHER ASSETS LESS LIABILITIES-(14.19)% | &nbsp;&nbsp; (148828100)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $1049182889 |

---

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

Investment Abbreviations: <br> REIT -Real Estate Investment Trust

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at November 30, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended November 30, 2025.<br>|

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P MidCap 400 Revenue ETF (RWK)—(continued)**

November 30, 2025

*(Unaudited)*

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**November 30, 2025**<br>| **Dividend Income** |
| **Investments in** <br> **Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government <br> & Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $5608843 | &nbsp;&nbsp;&nbsp; $(5204158)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $404685 | &nbsp;&nbsp;&nbsp; $4328 |
| **Investments** <br> **Purchased with** <br> **Cash Collateral** <br> **from Securities on** <br> **Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 51296858 | &nbsp;&nbsp;&nbsp; 107361149 | &nbsp;&nbsp;&nbsp; (117211015)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 41446992 | &nbsp;&nbsp;&nbsp; 492,189<br> \*<br>|
| &nbsp;&nbsp; Invesco Private <br> Prime Fund<br>| &nbsp;&nbsp;&nbsp; 137561637 | &nbsp;&nbsp;&nbsp; 228680686 | &nbsp;&nbsp;&nbsp; (258103701)<br>| &nbsp;&nbsp;&nbsp; (12283)<br>| &nbsp;&nbsp;&nbsp; 12848 | &nbsp;&nbsp;&nbsp; 108139187 | &nbsp;&nbsp;&nbsp; 1,345,035<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $188858495 | &nbsp;&nbsp;&nbsp; $341650678 | &nbsp;&nbsp;&nbsp; $(380518874)<br>| &nbsp;&nbsp;&nbsp; $(12283)<br>| &nbsp;&nbsp;&nbsp; $12848 | &nbsp;&nbsp;&nbsp; $149990864 | &nbsp;&nbsp;&nbsp; $1841552 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of November 30, 2025. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<sup>(a)</sup>

**Invesco S&P SmallCap 600 Revenue ETF (RWJ)**

November 30, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.86%** | **Common Stocks & Other Equity Interests-99.86%** | **Common Stocks & Other Equity Interests-99.86%** |
| **Communication Services-3.59%** | **Communication Services-3.59%** | **Communication Services-3.59%** |
| Angi, Inc.<sup>(b)(c)</sup> | 70560 | &nbsp;&nbsp; $805795 |
| Cable One, Inc.<sup>(c)</sup> | 10985 | &nbsp;&nbsp; 1287332 |
| CarGurus, Inc.<sup>(b)</sup> | 29208 | &nbsp;&nbsp; 1030458 |
| Cars.com, Inc.<sup>(b)(c)</sup> | 60823 | &nbsp;&nbsp; 705547 |
| Cinemark Holdings, Inc. | 137425 | &nbsp;&nbsp; 3762697 |
| Cogent Communications Holdings, Inc.<sup>(c)</sup> | 31937 | &nbsp;&nbsp; 609358 |
| DoubleVerify Holdings, Inc.<sup>(b)</sup> | 57776 | &nbsp;&nbsp; 608959 |
| Gogo, Inc.<sup>(b)(c)</sup> | 76214 | &nbsp;&nbsp; 544930 |
| IAC, Inc.<sup>(b)(c)</sup> | 99718 | &nbsp;&nbsp; 3497110 |
| John Wiley & Sons, Inc., Class A<sup>(c)</sup> | 47516 | &nbsp;&nbsp; 1727682 |
| Lumen Technologies, Inc.<sup>(b)</sup> | 2408460 | &nbsp;&nbsp; 19532611 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp., <br> Class A<sup>(b)(c)</sup><br>| 5743 | &nbsp;&nbsp; 1309576 |
| QuinStreet, Inc.<sup>(b)</sup> | 77772 | &nbsp;&nbsp; 1085697 |
| Scholastic Corp.<sup>(c)</sup> | 71187 | &nbsp;&nbsp; 2102864 |
| Shenandoah Telecommunications Co.<sup>(c)</sup> | 29420 | &nbsp;&nbsp; 321561 |
| Shutterstock, Inc. | 58638 | &nbsp;&nbsp; 1220843 |
| TEGNA, Inc. | 168678 | &nbsp;&nbsp; 3292595 |
| Telephone and Data Systems, Inc. | 143608 | &nbsp;&nbsp; 5783094 |
| Thryv Holdings, Inc.<sup>(b)(c)</sup> | 67967 | &nbsp;&nbsp; 382654 |
| TripAdvisor, Inc.<sup>(b)(c)</sup> | 122829 | &nbsp;&nbsp; 1826467 |
| Uniti Group, Inc.<sup>(b)(c)</sup> | 201457 | &nbsp;&nbsp; 1283281 |
| Yelp, Inc.<sup>(b)</sup> | 54051 | &nbsp;&nbsp; 1562615 |
| Ziff Davis, Inc.<sup>(b)(c)</sup> | 45994 | &nbsp;&nbsp; 1509523 |
|  |  | &nbsp;&nbsp; 55793249 |
| **Consumer Discretionary-24.46%** | **Consumer Discretionary-24.46%** | **Consumer Discretionary-24.46%** |
| Academy Sports & Outdoors, Inc.<sup>(c)</sup> | 143203 | &nbsp;&nbsp; 6909545 |
| Acushnet Holdings Corp.<sup>(c)</sup> | 39015 | &nbsp;&nbsp; 3281161 |
| Adient PLC<sup>(b)</sup> | 702050 | &nbsp;&nbsp; 13661893 |
| Adtalem Global Education, Inc.<sup>(b)</sup> | 15266 | &nbsp;&nbsp; 1413021 |
| Advance Auto Parts, Inc.<sup>(c)</sup> | 170711 | &nbsp;&nbsp; 8856487 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Holdings, <br> Inc.<sup>(b)(c)</sup><br>| 1135035 | &nbsp;&nbsp; 7457180 |
| American Eagle Outfitters, Inc.<sup>(c)</sup> | 316294 | &nbsp;&nbsp; 6452398 |
| Asbury Automotive Group, Inc.<sup>(b)(c)</sup> | 80566 | &nbsp;&nbsp; 18737235 |
| BJ's Restaurants, Inc.<sup>(b)(c)</sup> | 51041 | &nbsp;&nbsp; 1957422 |
| Bloomin' Brands, Inc. | 682177 | &nbsp;&nbsp; 4843457 |
| Boot Barn Holdings, Inc.<sup>(b)</sup> | 12489 | &nbsp;&nbsp; 2420618 |
| BorgWarner, Inc. | 375360 | &nbsp;&nbsp; 16163001 |
| Brinker International, Inc.<sup>(b)</sup> | 40278 | &nbsp;&nbsp; 6194354 |
| Buckle, Inc. (The)<sup>(c)</sup> | 24433 | &nbsp;&nbsp; 1379976 |
| Caesars Entertainment, Inc.<sup>(b)(c)</sup> | 512632 | &nbsp;&nbsp; 11928947 |
| Carter's, Inc. | 115264 | &nbsp;&nbsp; 3678074 |
| Cavco Industries, Inc.<sup>(b)</sup> | 4495 | &nbsp;&nbsp; 2677447 |
| Century Communities, Inc. | 72997 | &nbsp;&nbsp; 4765974 |
| Champion Homes, Inc.<sup>(b)</sup> | 39472 | &nbsp;&nbsp; 3388277 |
| Cheesecake Factory, Inc. (The)<sup>(c)</sup> | 72750 | &nbsp;&nbsp; 3467265 |
| Cracker Barrel Old Country Store, Inc.<sup>(c)</sup> | 82793 | &nbsp;&nbsp; 2391890 |
| Dana, Inc. | 505762 | &nbsp;&nbsp; 11334126 |
| Dave & Buster's Entertainment, Inc.<sup>(b)(c)</sup> | 110773 | &nbsp;&nbsp; 1937420 |
| Dorman Products, Inc.<sup>(b)</sup> | 15260 | &nbsp;&nbsp; 2018440 |
| Dream Finders Homes, Inc., Class A<sup>(b)(c)</sup> | 188765 | &nbsp;&nbsp; 3731884 |
| Ethan Allen Interiors, Inc. | 23458 | &nbsp;&nbsp; 554547 |
| Etsy, Inc.<sup>(b)</sup> | 57219 | &nbsp;&nbsp; 3102414 |
| Fox Factory Holding Corp.<sup>(b)</sup> | 57911 | &nbsp;&nbsp; 856504 |
| Frontdoor, Inc.<sup>(b)</sup> | 35523 | &nbsp;&nbsp; 1915755 |
| Gentherm, Inc.<sup>(b)</sup> | 47063 | &nbsp;&nbsp; 1678737 |
| G-III Apparel Group Ltd.<sup>(b)(c)</sup> | 136111 | &nbsp;&nbsp; 3967636 |
| Golden Entertainment, Inc. | 29987 | &nbsp;&nbsp; 900210 |
| Green Brick Partners, Inc.<sup>(b)</sup> | 34094 | &nbsp;&nbsp; 2314301 |
| Group 1 Automotive, Inc. | 53874 | &nbsp;&nbsp; 21605629 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** |
| Guess?, Inc.<sup>(c)</sup> | 215306 | &nbsp;&nbsp; $3673120 |
| Hanesbrands, Inc.<sup>(b)</sup> | 663093 | &nbsp;&nbsp; 4290212 |
| Helen of Troy Ltd.<sup>(b)(c)</sup> | 90161 | &nbsp;&nbsp; 1708551 |
| Installed Building Products, Inc.<sup>(c)</sup> | 12939 | &nbsp;&nbsp; 3467911 |
| Kohl's Corp.<sup>(c)</sup> | 1142448 | &nbsp;&nbsp; 28092796 |
| Kontoor Brands, Inc. | 40044 | &nbsp;&nbsp; 2977271 |
| La-Z-Boy, Inc. | 70799 | &nbsp;&nbsp; 2755497 |
| LCI Industries | 43916 | &nbsp;&nbsp; 4991932 |
| Leggett & Platt, Inc.<sup>(c)</sup> | 491830 | &nbsp;&nbsp; 5046176 |
| LGI Homes, Inc.<sup>(b)(c)</sup> | 38812 | &nbsp;&nbsp; 2019000 |
| M/I Homes, Inc.<sup>(b)</sup> | 34214 | &nbsp;&nbsp; 4707504 |
| MarineMax, Inc.<sup>(b)(c)</sup> | 104402 | &nbsp;&nbsp; 2440919 |
| Matthews International Corp., Class A | 76628 | &nbsp;&nbsp; 1880451 |
| Meritage Homes Corp. | 91414 | &nbsp;&nbsp; 6680535 |
| Mister Car Wash, Inc.<sup>(b)(c)</sup> | 223296 | &nbsp;&nbsp; 1192401 |
| Monarch Casino & Resort, Inc. | 5803 | &nbsp;&nbsp; 560454 |
| Monro, Inc. | 82639 | &nbsp;&nbsp; 1546176 |
| National Vision Holdings, Inc.<sup>(b)(c)</sup> | 95722 | &nbsp;&nbsp; 2761580 |
| Newell Brands, Inc. | 1411126 | &nbsp;&nbsp; 5150610 |
| Oxford Industries, Inc.<sup>(c)</sup> | 43381 | &nbsp;&nbsp; 1655419 |
| Papa John's International, Inc. | 47926 | &nbsp;&nbsp; 2016247 |
| Patrick Industries, Inc. | 39743 | &nbsp;&nbsp; 4300987 |
| PENN Entertainment, Inc.<sup>(b)(c)</sup> | 389021 | &nbsp;&nbsp; 5773072 |
| Perdoceo Education Corp. | 25959 | &nbsp;&nbsp; 725814 |
| Phinia, Inc. | 67214 | &nbsp;&nbsp; 3635605 |
| &nbsp;&nbsp;&nbsp; Pursuit Attractions and Hospitality, <br> Inc.<sup>(b)(c)</sup><br>| 20289 | &nbsp;&nbsp; 696521 |
| Sabre Corp.<sup>(b)</sup> | 1991613 | &nbsp;&nbsp; 3206497 |
| Sally Beauty Holdings, Inc.<sup>(b)(c)</sup> | 291936 | &nbsp;&nbsp; 4630105 |
| Shake Shack, Inc., Class A<sup>(b)(c)</sup> | 15399 | &nbsp;&nbsp; 1347104 |
| Shoe Carnival, Inc.<sup>(c)</sup> | 54423 | &nbsp;&nbsp; 899068 |
| Signet Jewelers Ltd.<sup>(c)</sup> | 85616 | &nbsp;&nbsp; 8575298 |
| Six Flags Entertainment Corp.<sup>(b)(c)</sup> | 169364 | &nbsp;&nbsp; 2570945 |
| Sonic Automotive, Inc., Class A | 208995 | &nbsp;&nbsp; 13172955 |
| Sonos, Inc.<sup>(b)</sup> | 111765 | &nbsp;&nbsp; 2074358 |
| Standard Motor Products, Inc. | 47842 | &nbsp;&nbsp; 1795989 |
| Steven Madden Ltd.<sup>(c)</sup> | 88103 | &nbsp;&nbsp; 3680943 |
| Strategic Education, Inc. | 17906 | &nbsp;&nbsp; 1397026 |
| Stride, Inc.<sup>(b)</sup> | 17163 | &nbsp;&nbsp; 1090365 |
| Sturm, Ruger & Co., Inc.<sup>(c)</sup> | 16516 | &nbsp;&nbsp; 497462 |
| Topgolf Callaway Brands Corp.<sup>(b)(c)</sup> | 516633 | &nbsp;&nbsp; 6654233 |
| Tri Pointe Homes, Inc.<sup>(b)</sup> | 133575 | &nbsp;&nbsp; 4557579 |
| United Parks & Resorts, Inc.<sup>(b)(c)</sup> | 39563 | &nbsp;&nbsp; 1427829 |
| Upbound Group, Inc. | 207363 | &nbsp;&nbsp; 3715945 |
| Urban Outfitters, Inc.<sup>(b)(c)</sup> | 95609 | &nbsp;&nbsp; 7081759 |
| Victoria's Secret & Co.<sup>(b)(c)</sup> | 281730 | &nbsp;&nbsp; 11643901 |
| Wendy's Co. (The)<sup>(c)</sup> | 260285 | &nbsp;&nbsp; 2199408 |
| Winnebago Industries, Inc.<sup>(c)</sup> | 92276 | &nbsp;&nbsp; 3339468 |
| Wolverine World Wide, Inc. | 69325 | &nbsp;&nbsp; 1123758 |
| XPEL, Inc.<sup>(b)(c)(d)</sup> | 14064 | &nbsp;&nbsp; 653695 |
|  |  | &nbsp;&nbsp; 380025676 |
| **Consumer Staples-7.43%** | **Consumer Staples-7.43%** | **Consumer Staples-7.43%** |
| Andersons, Inc. (The) | 332908 | &nbsp;&nbsp; 17144762 |
| Cal-Maine Foods, Inc. | 45336 | &nbsp;&nbsp; 3777395 |
| Central Garden & Pet Co.<sup>(b)(c)</sup> | 50793 | &nbsp;&nbsp; 1735089 |
| Central Garden & Pet Co., Class A<sup>(b)</sup> | 53825 | &nbsp;&nbsp; 1665345 |
| Chefs' Warehouse, Inc. (The)<sup>(b)</sup> | 71199 | &nbsp;&nbsp; 4365923 |
| Edgewell Personal Care Co. | 116865 | &nbsp;&nbsp; 2087209 |
| Energizer Holdings, Inc. | 117843 | &nbsp;&nbsp; 2148278 |
| Fresh Del Monte Produce, Inc. | 141084 | &nbsp;&nbsp; 5098776 |
| Freshpet, Inc.<sup>(b)(c)</sup> | 22835 | &nbsp;&nbsp; 1305249 |
| Grocery Outlet Holding Corp.<sup>(b)(c)</sup> | 298514 | &nbsp;&nbsp; 3322461 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P SmallCap 600 Revenue ETF (RWJ)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Staples-(continued)** | **Consumer Staples-(continued)** | **Consumer Staples-(continued)** |
| Interparfums, Inc.<sup>(c)</sup> | 15340 | &nbsp;&nbsp; $1246682 |
| J&J Snack Foods Corp. | 17411 | &nbsp;&nbsp; 1607906 |
| John B. Sanfilippo & Son, Inc. | 20736 | &nbsp;&nbsp; 1506056 |
| MGP Ingredients, Inc.<sup>(c)</sup> | 24593 | &nbsp;&nbsp; 560966 |
| National Beverage Corp.<sup>(b)</sup> | 35794 | &nbsp;&nbsp; 1219144 |
| PriceSmart, Inc. | 53789 | &nbsp;&nbsp; 6621426 |
| Simply Good Foods Co. (The)<sup>(b)(c)</sup> | 62862 | &nbsp;&nbsp; 1237124 |
| Tootsie Roll Industries, Inc.<sup>(c)</sup> | 20663 | &nbsp;&nbsp; 792633 |
| TreeHouse Foods, Inc.<sup>(b)</sup> | 219580 | &nbsp;&nbsp; 5245766 |
| United Natural Foods, Inc.<sup>(b)</sup> | 1307647 | &nbsp;&nbsp; 48788309 |
| Universal Corp.<sup>(c)</sup> | 61853 | &nbsp;&nbsp; 3263364 |
| WD-40 Co. | 3250 | &nbsp;&nbsp; 636350 |
|  |  | &nbsp;&nbsp; 115376213 |
| **Energy-8.97%** | **Energy-8.97%** | **Energy-8.97%** |
| Archrock, Inc. | 63401 | &nbsp;&nbsp; 1555861 |
| Atlas Energy Solutions, Inc.<sup>(c)</sup> | 122606 | &nbsp;&nbsp; 1056864 |
| Bristow Group, Inc.<sup>(b)</sup> | 43741 | &nbsp;&nbsp; 1640725 |
| Cactus, Inc., Class A | 30651 | &nbsp;&nbsp; 1315541 |
| California Resources Corp. | 80484 | &nbsp;&nbsp; 3845525 |
| Comstock Resources, Inc.<sup>(b)(c)</sup> | 116006 | &nbsp;&nbsp; 3115921 |
| Core Laboratories, Inc.<sup>(c)</sup> | 46902 | &nbsp;&nbsp; 708220 |
| Core Natural Resources, Inc. | 52507 | &nbsp;&nbsp; 4200560 |
| Crescent Energy Co., Class A | 463157 | &nbsp;&nbsp; 4367570 |
| CVR Energy, Inc.<sup>(b)</sup> | 259777 | &nbsp;&nbsp; 8970100 |
| Dorian LPG Ltd. | 11359 | &nbsp;&nbsp; 281476 |
| Helix Energy Solutions Group, Inc.<sup>(b)</sup> | 230899 | &nbsp;&nbsp; 1537787 |
| Helmerich & Payne, Inc. | 190039 | &nbsp;&nbsp; 5302088 |
| Innovex International, Inc.<sup>(b)(c)</sup> | 60604 | &nbsp;&nbsp; 1334500 |
| International Seaways, Inc. | 19447 | &nbsp;&nbsp; 1030108 |
| Kinetik Holdings, Inc.<sup>(c)</sup> | 44626 | &nbsp;&nbsp; 1547630 |
| Kodiak Gas Services, Inc.<sup>(c)</sup> | 44147 | &nbsp;&nbsp; 1553974 |
| Liberty Energy, Inc., Class A | 435283 | &nbsp;&nbsp; 7739332 |
| Magnolia Oil & Gas Corp., Class A | 63707 | &nbsp;&nbsp; 1474180 |
| Noble Corp. PLC | 131732 | &nbsp;&nbsp; 4033634 |
| Northern Oil and Gas, Inc.<sup>(c)</sup> | 99081 | &nbsp;&nbsp; 2218424 |
| Oceaneering International, Inc.<sup>(b)</sup> | 129747 | &nbsp;&nbsp; 3165827 |
| Par Pacific Holdings, Inc.<sup>(b)(c)</sup> | 263908 | &nbsp;&nbsp; 12047400 |
| Patterson-UTI Energy, Inc. | 1058649 | &nbsp;&nbsp; 6150751 |
| Peabody Energy Corp.<sup>(c)</sup> | 252244 | &nbsp;&nbsp; 6871127 |
| REX American Resources Corp.<sup>(b)</sup> | 23856 | &nbsp;&nbsp; 787009 |
| RPC, Inc.<sup>(c)</sup> | 358402 | &nbsp;&nbsp; 1906699 |
| SM Energy Co. | 131049 | &nbsp;&nbsp; 2496483 |
| Talos Energy, Inc.<sup>(b)</sup> | 224696 | &nbsp;&nbsp; 2575016 |
| Tidewater, Inc.<sup>(b)</sup> | 26463 | &nbsp;&nbsp; 1429531 |
| Vital Energy, Inc.<sup>(b)(c)</sup> | 132574 | &nbsp;&nbsp; 2377052 |
| World Kinect Corp. | 1757867 | &nbsp;&nbsp; 40747357 |
|  |  | &nbsp;&nbsp; 139384272 |
| **Financials-11.90%** | **Financials-11.90%** | **Financials-11.90%** |
| Acadian Asset Management, Inc. | 13456 | &nbsp;&nbsp; 603367 |
| Adamas Trust, Inc.<sup>(c)</sup> | 90104 | &nbsp;&nbsp; 686592 |
| Ameris Bancorp | 25046 | &nbsp;&nbsp; 1897485 |
| AMERISAFE, Inc. | 7631 | &nbsp;&nbsp; 311345 |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance, <br> Inc.<sup>(c)</sup><br>| 64108 | &nbsp;&nbsp; 649414 |
| Arbor Realty Trust, Inc.<sup>(c)</sup> | 128692 | &nbsp;&nbsp; 1146646 |
| ARMOUR Residential REIT, Inc. | 29748 | &nbsp;&nbsp; 521185 |
| &nbsp;&nbsp;&nbsp; Artisan Partners Asset Management, Inc., <br> Class A<br>| 30953 | &nbsp;&nbsp; 1283930 |
| Assured Guaranty Ltd. | 12896 | &nbsp;&nbsp; 1167604 |
| Atlantic Union Bankshares Corp., Class B | 54770 | &nbsp;&nbsp; 1852869 |
| Axos Financial, Inc.<sup>(b)</sup> | 24863 | &nbsp;&nbsp; 2043241 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Banc of California, Inc. | 121584 | &nbsp;&nbsp; $2242009 |
| BancFirst Corp. | 7798 | &nbsp;&nbsp; 864330 |
| Bancorp, Inc. (The)<sup>(b)</sup> | 12028 | &nbsp;&nbsp; 770634 |
| Bank of Hawaii Corp. | 17392 | &nbsp;&nbsp; 1139872 |
| BankUnited, Inc. | 58122 | &nbsp;&nbsp; 2511452 |
| Banner Corp. | 14457 | &nbsp;&nbsp; 908044 |
| Beacon Financial Corp. | 29684 | &nbsp;&nbsp; 759614 |
| BGC Group, Inc., Class A | 300521 | &nbsp;&nbsp; 2614533 |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust, Inc., <br> Class A<sup>(c)</sup><br>| 92807 | &nbsp;&nbsp; 1806952 |
| Bread Financial Holdings, Inc.<sup>(c)</sup> | 84900 | &nbsp;&nbsp; 5750277 |
| Capitol Federal Financial, Inc. | 71344 | &nbsp;&nbsp; 471584 |
| Cathay General Bancorp | 31699 | &nbsp;&nbsp; 1535500 |
| Central Pacific Financial Corp. | 12602 | &nbsp;&nbsp; 374783 |
| City Holding Co.<sup>(c)</sup> | 3448 | &nbsp;&nbsp; 418277 |
| Cohen & Steers, Inc. | 8502 | &nbsp;&nbsp; 537752 |
| Community Financial System, Inc.<sup>(c)</sup> | 19408 | &nbsp;&nbsp; 1101598 |
| Customers Bancorp, Inc.<sup>(b)</sup> | 23062 | &nbsp;&nbsp; 1588972 |
| CVB Financial Corp.<sup>(c)</sup> | 36135 | &nbsp;&nbsp; 711137 |
| &nbsp;&nbsp;&nbsp; Dime Community Bancshares, Inc., <br> Class B<sup>(c)</sup><br>| 23890 | &nbsp;&nbsp; 677282 |
| Donnelley Financial Solutions, Inc.<sup>(b)</sup> | 15683 | &nbsp;&nbsp; 769408 |
| Eagle Bancorp, Inc.<sup>(c)</sup> | 38501 | &nbsp;&nbsp; 730364 |
| Ellington Financial, Inc. | 39796 | &nbsp;&nbsp; 545205 |
| Employers Holdings, Inc. | 23905 | &nbsp;&nbsp; 952614 |
| Enact Holdings, Inc. | 36842 | &nbsp;&nbsp; 1426154 |
| Encore Capital Group, Inc.<sup>(b)(c)</sup> | 39661 | &nbsp;&nbsp; 2058009 |
| Enova International, Inc.<sup>(b)</sup> | 29450 | &nbsp;&nbsp; 3860600 |
| EVERTEC, Inc. | 29817 | &nbsp;&nbsp; 861711 |
| EZCORP, Inc., Class A<sup>(b)(c)</sup> | 83262 | &nbsp;&nbsp; 1605291 |
| FB Financial Corp.<sup>(c)</sup> | 15161 | &nbsp;&nbsp; 846893 |
| First Bancorp | 66357 | &nbsp;&nbsp; 1311878 |
| First Bancorp/Southern Pines NC<sup>(c)</sup> | 11176 | &nbsp;&nbsp; 570088 |
| First Commonwealth Financial Corp. | 45395 | &nbsp;&nbsp; 737669 |
| First Financial Bancorp | 54797 | &nbsp;&nbsp; 1363349 |
| First Hawaiian, Inc. | 52728 | &nbsp;&nbsp; 1313982 |
| Franklin BSP Realty Trust, Inc.<sup>(c)</sup> | 50685 | &nbsp;&nbsp; 528138 |
| Fulton Financial Corp. | 115559 | &nbsp;&nbsp; 2097396 |
| Genworth Financial, Inc., Class A<sup>(b)</sup> | 949392 | &nbsp;&nbsp; 8240723 |
| Goosehead Insurance, Inc., Class A<sup>(c)</sup> | 4771 | &nbsp;&nbsp; 341365 |
| &nbsp;&nbsp;&nbsp; HA Sustainable Infrastructure Capital, <br> Inc.<sup>(c)</sup><br>| 14666 | &nbsp;&nbsp; 503924 |
| Hanmi Financial Corp. | 19314 | &nbsp;&nbsp; 533453 |
| HCI Group, Inc. | 5025 | &nbsp;&nbsp; 893194 |
| Heritage Financial Corp.<sup>(c)</sup> | 14576 | &nbsp;&nbsp; 348949 |
| Hilltop Holdings, Inc. | 52614 | &nbsp;&nbsp; 1805712 |
| Hope Bancorp, Inc. | 96897 | &nbsp;&nbsp; 1029046 |
| Horace Mann Educators Corp. | 41280 | &nbsp;&nbsp; 1889798 |
| Independent Bank Corp.<sup>(c)</sup> | 16763 | &nbsp;&nbsp; 1207774 |
| Jackson Financial, Inc., Class A | 67224 | &nbsp;&nbsp; 6588624 |
| KKR Real Estate Finance Trust, Inc.<sup>(c)</sup> | 58696 | &nbsp;&nbsp; 498329 |
| Lakeland Financial Corp. | 7149 | &nbsp;&nbsp; 416501 |
| Lincoln National Corp. | 511175 | &nbsp;&nbsp; 21029739 |
| MarketAxess Holdings, Inc. | 5166 | &nbsp;&nbsp; 846656 |
| Mercury General Corp. | 85660 | &nbsp;&nbsp; 7976659 |
| Moelis & Co., Class A | 21433 | &nbsp;&nbsp; 1375356 |
| National Bank Holdings Corp., Class A | 17310 | &nbsp;&nbsp; 644105 |
| Navient Corp. | 323199 | &nbsp;&nbsp; 4007668 |
| NBT Bancorp, Inc. | 21519 | &nbsp;&nbsp; 892178 |
| NCR Atleos Corp.<sup>(b)(c)</sup> | 127403 | &nbsp;&nbsp; 4722829 |
| NMI Holdings, Inc., Class A<sup>(b)</sup> | 19285 | &nbsp;&nbsp; 735723 |
| Northwest Bancshares, Inc. | 73964 | &nbsp;&nbsp; 884609 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P SmallCap 600 Revenue ETF (RWJ)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| OFG Bancorp | 22398 | &nbsp;&nbsp; $889873 |
| Palomar Holdings, Inc.<sup>(b)</sup> | 6452 | &nbsp;&nbsp; 801403 |
| Park National Corp. | 4420 | &nbsp;&nbsp; 678691 |
| Pathward Financial, Inc. | 11844 | &nbsp;&nbsp; 851584 |
| Payoneer Global, Inc.<sup>(b)</sup> | 181023 | &nbsp;&nbsp; 1046313 |
| PennyMac Mortgage Investment Trust | 145215 | &nbsp;&nbsp; 1864561 |
| Piper Sandler Cos. | 5445 | &nbsp;&nbsp; 1828975 |
| PJT Partners, Inc., Class A | 9695 | &nbsp;&nbsp; 1628857 |
| PRA Group, Inc.<sup>(b)</sup> | 82977 | &nbsp;&nbsp; 1344227 |
| Preferred Bank<sup>(c)</sup> | 5883 | &nbsp;&nbsp; 555414 |
| ProAssurance Corp.<sup>(b)(c)</sup> | 55364 | &nbsp;&nbsp; 1333165 |
| PROG Holdings, Inc. | 82488 | &nbsp;&nbsp; 2374005 |
| Provident Financial Services, Inc. | 79688 | &nbsp;&nbsp; 1528416 |
| Radian Group, Inc. | 42791 | &nbsp;&nbsp; 1521220 |
| Ready Capital Corp. | 206215 | &nbsp;&nbsp; 521724 |
| Redwood Trust, Inc.<sup>(c)</sup> | 201191 | &nbsp;&nbsp; 1108562 |
| Renasant Corp. | 37202 | &nbsp;&nbsp; 1318439 |
| S&T Bancorp, Inc.<sup>(c)</sup> | 16095 | &nbsp;&nbsp; 635431 |
| Safety Insurance Group, Inc. | 18587 | &nbsp;&nbsp; 1412984 |
| Seacoast Banking Corp. of Florida<sup>(c)</sup> | 30367 | &nbsp;&nbsp; 958383 |
| ServisFirst Bancshares, Inc. | 13448 | &nbsp;&nbsp; 956556 |
| Simmons First National Corp., Class A<sup>(c)</sup> | 79164 | &nbsp;&nbsp; 1468492 |
| SiriusPoint Ltd. (Sweden)<sup>(b)</sup> | 163070 | &nbsp;&nbsp; 3391856 |
| Southside Bancshares, Inc. | 16464 | &nbsp;&nbsp; 482889 |
| Stellar Bancorp, Inc.<sup>(c)</sup> | 21703 | &nbsp;&nbsp; 686032 |
| StepStone Group, Inc., Class A | 25157 | &nbsp;&nbsp; 1588916 |
| Stewart Information Services Corp.<sup>(c)</sup> | 41997 | &nbsp;&nbsp; 3218230 |
| StoneX Group, Inc.<sup>(b)(c)</sup> | 24311 | &nbsp;&nbsp; 2202820 |
| Tompkins Financial Corp. | 7404 | &nbsp;&nbsp; 511690 |
| Triumph Financial, Inc.<sup>(b)(c)</sup> | 9210 | &nbsp;&nbsp; 502958 |
| Trupanion, Inc.<sup>(b)(c)</sup> | 36854 | &nbsp;&nbsp; 1300578 |
| TrustCo Bank Corp. | 7633 | &nbsp;&nbsp; 321578 |
| Trustmark Corp. | 32464 | &nbsp;&nbsp; 1262850 |
| Two Harbors Investment Corp.<sup>(c)</sup> | 74441 | &nbsp;&nbsp; 754832 |
| United Community Banks, Inc. | 51681 | &nbsp;&nbsp; 1579371 |
| United Fire Group, Inc. | 49695 | &nbsp;&nbsp; 1816352 |
| Victory Capital Holdings, Inc., Class A | 17183 | &nbsp;&nbsp; 1080639 |
| Virtu Financial, Inc., Class A | 88544 | &nbsp;&nbsp; 3166333 |
| Virtus Investment Partners, Inc. | 5148 | &nbsp;&nbsp; 821569 |
| WaFd, Inc. | 54817 | &nbsp;&nbsp; 1735506 |
| Walker & Dunlop, Inc. | 15162 | &nbsp;&nbsp; 980072 |
| Westamerica Bancorporation<sup>(c)</sup> | 6617 | &nbsp;&nbsp; 317484 |
| WisdomTree, Inc. | 36236 | &nbsp;&nbsp; 400045 |
| World Acceptance Corp.<sup>(b)</sup> | 3843 | &nbsp;&nbsp; 594358 |
| WSFS Financial Corp. | 27752 | &nbsp;&nbsp; 1548839 |
|  |  | &nbsp;&nbsp; 184833015 |
| **Health Care-6.73%** | **Health Care-6.73%** | **Health Care-6.73%** |
| Acadia Healthcare Co., Inc.<sup>(b)(c)</sup> | 178483 | &nbsp;&nbsp; 3069908 |
| Acadia Pharmaceuticals, Inc.<sup>(b)</sup> | 50169 | &nbsp;&nbsp; 1256232 |
| AdaptHealth Corp.<sup>(b)(c)</sup> | 410093 | &nbsp;&nbsp; 3961498 |
| Addus HomeCare Corp.<sup>(b)(c)</sup> | 13417 | &nbsp;&nbsp; 1612723 |
| ADMA Biologics, Inc.<sup>(b)</sup> | 33510 | &nbsp;&nbsp; 642722 |
| Alkermes PLC<sup>(b)</sup> | 64075 | &nbsp;&nbsp; 1895339 |
| AMN Healthcare Services, Inc.<sup>(b)</sup> | 163728 | &nbsp;&nbsp; 2726071 |
| Amphastar Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 28602 | &nbsp;&nbsp; 792275 |
| ANI Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 8580 | &nbsp;&nbsp; 728013 |
| Arcus Biosciences, Inc.<sup>(b)(c)</sup> | 24923 | &nbsp;&nbsp; 650490 |
| Arrowhead Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 30722 | &nbsp;&nbsp; 1619049 |
| Artivion, Inc.<sup>(b)(c)</sup> | 11077 | &nbsp;&nbsp; 516853 |
| Astrana Health, Inc.<sup>(b)(c)</sup> | 94974 | &nbsp;&nbsp; 2188201 |
| Avanos Medical, Inc.<sup>(b)</sup> | 64810 | &nbsp;&nbsp; 760869 |
| Azenta, Inc.<sup>(b)(c)</sup> | 23088 | &nbsp;&nbsp; 821009 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| BioLife Solutions, Inc.<sup>(b)(c)</sup> | 4374 | &nbsp;&nbsp; $115911 |
| Catalyst Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 31560 | &nbsp;&nbsp; 738820 |
| Certara, Inc.<sup>(b)(c)</sup> | 44156 | &nbsp;&nbsp; 404469 |
| Collegium Pharmaceutical, Inc.<sup>(b)</sup> | 21929 | &nbsp;&nbsp; 1023646 |
| Concentra Group Holdings Parent, Inc. | 106672 | &nbsp;&nbsp; 2193176 |
| CONMED Corp. | 29291 | &nbsp;&nbsp; 1271815 |
| Corcept Therapeutics, Inc.<sup>(b)(c)</sup> | 11794 | &nbsp;&nbsp; 936444 |
| CorVel Corp.<sup>(b)</sup> | 12026 | &nbsp;&nbsp; 880063 |
| Cytek Biosciences, Inc.<sup>(b)(c)</sup> | 58542 | &nbsp;&nbsp; 330762 |
| Dynavax Technologies Corp.<sup>(b)(c)</sup> | 36365 | &nbsp;&nbsp; 413470 |
| Embecta Corp. | 82788 | &nbsp;&nbsp; 1055961 |
| Enovis Corp.<sup>(b)(c)</sup> | 82296 | &nbsp;&nbsp; 2491100 |
| Fortrea Holdings, Inc.<sup>(b)</sup> | 312722 | &nbsp;&nbsp; 3974697 |
| Glaukos Corp.<sup>(b)(c)</sup> | 5483 | &nbsp;&nbsp; 582788 |
| Harmony Biosciences Holdings, Inc.<sup>(b)</sup> | 26179 | &nbsp;&nbsp; 923857 |
| HealthStream, Inc. | 11588 | &nbsp;&nbsp; 291438 |
| ICU Medical, Inc.<sup>(b)</sup> | 20355 | &nbsp;&nbsp; 3021496 |
| Innoviva, Inc.<sup>(b)</sup> | 21535 | &nbsp;&nbsp; 467956 |
| Inspire Medical Systems, Inc.<sup>(b)</sup> | 12886 | &nbsp;&nbsp; 1603147 |
| Integer Holdings Corp.<sup>(b)</sup> | 20374 | &nbsp;&nbsp; 1470595 |
| Integra LifeSciences Holdings Corp.<sup>(b)(c)</sup> | 122254 | &nbsp;&nbsp; 1603973 |
| Krystal Biotech, Inc.<sup>(b)(c)</sup> | 2904 | &nbsp;&nbsp; 633072 |
| LeMaitre Vascular, Inc. | 2811 | &nbsp;&nbsp; 233172 |
| Ligand Pharmaceuticals, Inc.<sup>(b)</sup> | 1317 | &nbsp;&nbsp; 267588 |
| Merit Medical Systems, Inc.<sup>(b)(c)</sup> | 18595 | &nbsp;&nbsp; 1610141 |
| Myriad Genetics, Inc.<sup>(b)</sup> | 135638 | &nbsp;&nbsp; 1034918 |
| National HealthCare Corp. | 14843 | &nbsp;&nbsp; 2022953 |
| Neogen Corp.<sup>(b)(c)</sup> | 179980 | &nbsp;&nbsp; 1076280 |
| NeoGenomics, Inc.<sup>(b)(c)</sup> | 107682 | &nbsp;&nbsp; 1302952 |
| &nbsp;&nbsp;&nbsp; OmniAb, Inc., Rts., expiring <br> 11/02/2027<sup>(b)(c)(e)</sup><br>| 785 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; OmniAb, Inc., Rts., expiring <br> 11/02/2027<sup>(b)(e)</sup><br>| 785 | &nbsp;&nbsp; 0 |
| Omnicell, Inc.<sup>(b)</sup> | 40940 | &nbsp;&nbsp; 1494719 |
| Organon & Co.<sup>(c)</sup> | 707437 | &nbsp;&nbsp; 5454339 |
| Pacira BioSciences, Inc.<sup>(b)(c)</sup> | 29869 | &nbsp;&nbsp; 704012 |
| Pediatrix Medical Group, Inc.<sup>(b)</sup> | 134274 | &nbsp;&nbsp; 3234661 |
| Phibro Animal Health Corp., Class A | 35718 | &nbsp;&nbsp; 1495870 |
| Prestige Consumer Healthcare, Inc.<sup>(b)</sup> | 20211 | &nbsp;&nbsp; 1203565 |
| Privia Health Group, Inc.<sup>(b)(c)</sup> | 95853 | &nbsp;&nbsp; 2335938 |
| Progyny, Inc.<sup>(b)</sup> | 62271 | &nbsp;&nbsp; 1642086 |
| Protagonist Therapeutics, Inc.<sup>(b)</sup> | 4080 | &nbsp;&nbsp; 367200 |
| QuidelOrtho Corp.<sup>(b)(c)</sup> | 115664 | &nbsp;&nbsp; 3163410 |
| RadNet, Inc.<sup>(b)(c)</sup> | 30953 | &nbsp;&nbsp; 2562599 |
| Sarepta Therapeutics, Inc.<sup>(b)(c)</sup> | 167806 | &nbsp;&nbsp; 3580980 |
| Schrodinger, Inc.<sup>(b)(c)</sup> | 14571 | &nbsp;&nbsp; 255867 |
| Select Medical Holdings Corp. | 534774 | &nbsp;&nbsp; 8283649 |
| &nbsp;&nbsp;&nbsp; STAAR Surgical Co., (Acquired <br> 12/15/2023 - 10/23/2025; <br> Cost $250,454)<sup>(b)(c)(f)</sup><br>| 9033 | &nbsp;&nbsp; 239736 |
| Supernus Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 16191 | &nbsp;&nbsp; 738148 |
| Tandem Diabetes Care, Inc.<sup>(b)(c)</sup> | 94222 | &nbsp;&nbsp; 1979604 |
| Teleflex, Inc.<sup>(c)</sup> | 27233 | &nbsp;&nbsp; 3116000 |
| TG Therapeutics, Inc.<sup>(b)(c)</sup> | 15921 | &nbsp;&nbsp; 529532 |
| TransMedics Group, Inc.<sup>(b)(c)</sup> | 5592 | &nbsp;&nbsp; 818166 |
| U.S. Physical Therapy, Inc. | 10148 | &nbsp;&nbsp; 749430 |
| UFP Technologies, Inc.<sup>(b)(c)</sup> | 3268 | &nbsp;&nbsp; 740823 |
| Veracyte, Inc.<sup>(b)(c)</sup> | 17411 | &nbsp;&nbsp; 824237 |
| Vericel Corp.<sup>(b)(c)</sup> | 8849 | &nbsp;&nbsp; 356172 |
| Vir Biotechnology, Inc.<sup>(b)(c)</sup> | 4175 | &nbsp;&nbsp; 26804 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P SmallCap 600 Revenue ETF (RWJ)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Waystar Holding Corp.<sup>(b)</sup> | 28044 | &nbsp;&nbsp; $1035104 |
| Xencor, Inc.<sup>(b)(c)</sup> | 19634 | &nbsp;&nbsp; 340061 |
|  |  | &nbsp;&nbsp; 104490624 |
| **Industrials-18.41%** | **Industrials-18.41%** | **Industrials-18.41%** |
| AAR Corp.<sup>(b)</sup> | 43625 | &nbsp;&nbsp; 3630036 |
| ABM Industries, Inc.<sup>(c)</sup> | 216277 | &nbsp;&nbsp; 9299911 |
| Air Lease Corp., Class A | 49169 | &nbsp;&nbsp; 3143374 |
| Alamo Group, Inc. | 8963 | &nbsp;&nbsp; 1437396 |
| Albany International Corp., Class A<sup>(c)</sup> | 22152 | &nbsp;&nbsp; 1056207 |
| Allegiant Travel Co.<sup>(b)(c)</sup> | 47362 | &nbsp;&nbsp; 3599512 |
| Amentum Holdings, Inc.<sup>(b)</sup> | 615563 | &nbsp;&nbsp; 17623569 |
| American Woodmark Corp.<sup>(b)(c)</sup> | 29415 | &nbsp;&nbsp; 1621649 |
| Apogee Enterprises, Inc. | 38501 | &nbsp;&nbsp; 1401821 |
| ArcBest Corp. | 66598 | &nbsp;&nbsp; 4273594 |
| Arcosa, Inc.<sup>(c)</sup> | 32383 | &nbsp;&nbsp; 3450085 |
| Armstrong World Industries, Inc. | 9209 | &nbsp;&nbsp; 1747316 |
| Astec Industries, Inc. | 33072 | &nbsp;&nbsp; 1463767 |
| AZZ, Inc. | 15596 | &nbsp;&nbsp; 1644130 |
| Boise Cascade Co. | 88253 | &nbsp;&nbsp; 6728409 |
| Brady Corp., Class A | 22542 | &nbsp;&nbsp; 1763686 |
| CoreCivic, Inc.<sup>(b)(c)</sup> | 113165 | &nbsp;&nbsp; 2042628 |
| CSG Systems International, Inc. | 21705 | &nbsp;&nbsp; 1709703 |
| CSW Industrials, Inc. | 4117 | &nbsp;&nbsp; 1119289 |
| Deluxe Corp. | 126090 | &nbsp;&nbsp; 2562149 |
| DNOW, Inc.<sup>(b)(c)</sup> | 180072 | &nbsp;&nbsp; 2513805 |
| DXP Enterprises, Inc.<sup>(b)</sup> | 19215 | &nbsp;&nbsp; 1806018 |
| Dycom Industries, Inc.<sup>(b)</sup> | 22247 | &nbsp;&nbsp; 8042958 |
| Enerpac Tool Group Corp. | 16035 | &nbsp;&nbsp; 607245 |
| Enpro, Inc. | 5663 | &nbsp;&nbsp; 1262000 |
| Enviri Corp.<sup>(b)(c)</sup> | 218244 | &nbsp;&nbsp; 4002595 |
| ESCO Technologies, Inc. | 6118 | &nbsp;&nbsp; 1302583 |
| Everus Construction Group, Inc.<sup>(b)</sup> | 48969 | &nbsp;&nbsp; 4503189 |
| Federal Signal Corp. | 18263 | &nbsp;&nbsp; 2081982 |
| Forward Air Corp.<sup>(b)(c)</sup> | 97756 | &nbsp;&nbsp; 2245455 |
| Franklin Electric Co., Inc. | 25068 | &nbsp;&nbsp; 2385220 |
| Gates Industrial Corp. PLC<sup>(b)</sup> | 155655 | &nbsp;&nbsp; 3542708 |
| GEO Group, Inc. (The)<sup>(b)</sup> | 131919 | &nbsp;&nbsp; 2079043 |
| Gibraltar Industries, Inc.<sup>(b)</sup> | 23442 | &nbsp;&nbsp; 1171162 |
| Granite Construction, Inc. | 43622 | &nbsp;&nbsp; 4690674 |
| Greenbrier Cos., Inc. (The) | 88891 | &nbsp;&nbsp; 3953872 |
| Griffon Corp. | 36855 | &nbsp;&nbsp; 2764125 |
| Hayward Holdings, Inc.<sup>(b)</sup> | 80600 | &nbsp;&nbsp; 1325870 |
| Healthcare Services Group, Inc.<sup>(b)</sup> | 128661 | &nbsp;&nbsp; 2416254 |
| Heartland Express, Inc.<sup>(c)</sup> | 123704 | &nbsp;&nbsp; 972313 |
| Heidrick & Struggles International, Inc.<sup>(c)</sup> | 27699 | &nbsp;&nbsp; 1630640 |
| Hertz Global Holdings, Inc.<sup>(b)(c)</sup> | 1699578 | &nbsp;&nbsp; 8905789 |
| Hillenbrand, Inc. | 134000 | &nbsp;&nbsp; 4266560 |
| HNI Corp.<sup>(c)</sup> | 65777 | &nbsp;&nbsp; 2731061 |
| Hub Group, Inc., Class A | 121246 | &nbsp;&nbsp; 4676458 |
| Insteel Industries, Inc. | 17530 | &nbsp;&nbsp; 536067 |
| Interface, Inc. | 57357 | &nbsp;&nbsp; 1600834 |
| JBT Marel Corp. | 23073 | &nbsp;&nbsp; 3242449 |
| JetBlue Airways Corp.<sup>(b)(c)</sup> | 2075418 | &nbsp;&nbsp; 9484660 |
| Kadant, Inc.<sup>(c)</sup> | 3630 | &nbsp;&nbsp; 1009576 |
| Kennametal, Inc. | 107629 | &nbsp;&nbsp; 2979171 |
| Korn Ferry | 43991 | &nbsp;&nbsp; 2893288 |
| Lindsay Corp. | 5499 | &nbsp;&nbsp; 632000 |
| Liquidity Services, Inc.<sup>(b)(c)</sup> | 19201 | &nbsp;&nbsp; 576798 |
| ManpowerGroup, Inc. | 533875 | &nbsp;&nbsp; 15354245 |
| Marten Transport Ltd. | 88922 | &nbsp;&nbsp; 911451 |
| MasterBrand, Inc.<sup>(b)(c)</sup> | 253095 | &nbsp;&nbsp; 2806824 |
| Matson, Inc. | 39086 | &nbsp;&nbsp; 4259592 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Mercury Systems, Inc.<sup>(b)</sup> | 14345 | &nbsp;&nbsp; $1002572 |
| MillerKnoll, Inc. | 211205 | &nbsp;&nbsp; 3343375 |
| Moog, Inc., Class A | 21908 | &nbsp;&nbsp; 5031829 |
| Mueller Water Products, Inc., Class A | 65710 | &nbsp;&nbsp; 1592810 |
| MYR Group, Inc.<sup>(b)</sup> | 22393 | &nbsp;&nbsp; 5023198 |
| National Presto Industries, Inc.<sup>(c)</sup> | 4646 | &nbsp;&nbsp; 436027 |
| OPENLANE, Inc.<sup>(b)</sup> | 73428 | &nbsp;&nbsp; 1868008 |
| Pitney Bowes, Inc.<sup>(c)</sup> | 201700 | &nbsp;&nbsp; 1988762 |
| Powell Industries, Inc. | 4442 | &nbsp;&nbsp; 1435743 |
| Proto Labs, Inc.<sup>(b)</sup> | 11543 | &nbsp;&nbsp; 586615 |
| Quanex Building Products Corp.<sup>(c)</sup> | 137355 | &nbsp;&nbsp; 1780121 |
| Resideo Technologies, Inc.<sup>(b)</sup> | 236105 | &nbsp;&nbsp; 7789104 |
| Robert Half, Inc.<sup>(c)</sup> | 183627 | &nbsp;&nbsp; 4965274 |
| Rush Enterprises, Inc., Class A<sup>(c)</sup> | 156549 | &nbsp;&nbsp; 8149941 |
| RXO, Inc.<sup>(b)(c)</sup> | 383878 | &nbsp;&nbsp; 5074867 |
| Schneider National, Inc., Class B<sup>(c)</sup> | 264971 | &nbsp;&nbsp; 5990994 |
| SkyWest, Inc.<sup>(b)</sup> | 41253 | &nbsp;&nbsp; 4188005 |
| SPX Technologies, Inc.<sup>(b)</sup> | 12548 | &nbsp;&nbsp; 2698322 |
| Standex International Corp. | 4448 | &nbsp;&nbsp; 1090472 |
| Sun Country Airlines Holdings, Inc.<sup>(b)(c)</sup> | 97991 | &nbsp;&nbsp; 1342477 |
| Sunrun, Inc.<sup>(b)</sup> | 150082 | &nbsp;&nbsp; 3039161 |
| Tennant Co. | 18128 | &nbsp;&nbsp; 1325701 |
| Titan International, Inc.<sup>(b)(c)</sup> | 242954 | &nbsp;&nbsp; 1965498 |
| Trinity Industries, Inc. | 104525 | &nbsp;&nbsp; 2772003 |
| UniFirst Corp. | 16468 | &nbsp;&nbsp; 2841553 |
| Verra Mobility Corp., Class A<sup>(b)</sup> | 42022 | &nbsp;&nbsp; 916920 |
| Vestis Corp.<sup>(c)</sup> | 770854 | &nbsp;&nbsp; 4995134 |
| Vicor Corp.<sup>(b)</sup> | 8592 | &nbsp;&nbsp; 767695 |
| Werner Enterprises, Inc.<sup>(c)</sup> | 124861 | &nbsp;&nbsp; 3191447 |
| WillScot Holdings Corp. | 117514 | &nbsp;&nbsp; 2320902 |
| Worthington Enterprises, Inc. | 20106 | &nbsp;&nbsp; 1103015 |
| Zurn Elkay Water Solutions Corp. | 40938 | &nbsp;&nbsp; 1952743 |
|  |  | &nbsp;&nbsp; 286055053 |
| **Information Technology-8.29%** | **Information Technology-8.29%** | **Information Technology-8.29%** |
| A10 Networks, Inc. | 17647 | &nbsp;&nbsp; 303881 |
| ACI Worldwide, Inc.<sup>(b)</sup> | 39587 | &nbsp;&nbsp; 1855047 |
| Adeia, Inc. | 27935 | &nbsp;&nbsp; 345556 |
| Advanced Energy Industries, Inc. | 12095 | &nbsp;&nbsp; 2554343 |
| Agilysys, Inc.<sup>(b)(c)</sup> | 2971 | &nbsp;&nbsp; 365314 |
| Alarm.com Holdings, Inc.<sup>(b)</sup> | 19899 | &nbsp;&nbsp; 1033952 |
| Alpha & Omega Semiconductor Ltd.<sup>(b)</sup> | 27305 | &nbsp;&nbsp; 553745 |
| Arlo Technologies, Inc.<sup>(b)(c)</sup> | 33458 | &nbsp;&nbsp; 485141 |
| Axcelis Technologies, Inc.<sup>(b)(c)</sup> | 12672 | &nbsp;&nbsp; 1048861 |
| Badger Meter, Inc. | 5586 | &nbsp;&nbsp; 997324 |
| Benchmark Electronics, Inc. | 75393 | &nbsp;&nbsp; 3387407 |
| BlackLine, Inc.<sup>(b)(c)</sup> | 14187 | &nbsp;&nbsp; 808517 |
| Box, Inc., Class A<sup>(b)(c)</sup> | 40377 | &nbsp;&nbsp; 1192737 |
| Calix, Inc.<sup>(b)</sup> | 15491 | &nbsp;&nbsp; 856188 |
| CEVA, Inc.<sup>(b)</sup> | 5112 | &nbsp;&nbsp; 110368 |
| CleanSpark, Inc.<sup>(b)(c)</sup> | 70858 | &nbsp;&nbsp; 1069956 |
| Clear Secure, Inc., Class A | 25899 | &nbsp;&nbsp; 919415 |
| Cohu, Inc.<sup>(b)(c)</sup> | 20978 | &nbsp;&nbsp; 510185 |
| Corsair Gaming, Inc.<sup>(b)(c)</sup> | 188784 | &nbsp;&nbsp; 1230872 |
| CTS Corp. | 14081 | &nbsp;&nbsp; 596049 |
| Digi International, Inc.<sup>(b)</sup> | 13799 | &nbsp;&nbsp; 577212 |
| DigitalOcean Holdings, Inc.<sup>(b)(c)</sup> | 27638 | &nbsp;&nbsp; 1230444 |
| Diodes, Inc.<sup>(b)(c)</sup> | 30842 | &nbsp;&nbsp; 1425209 |
| DXC Technology Co.<sup>(b)(c)</sup> | 1037613 | &nbsp;&nbsp; 13696492 |
| Enphase Energy, Inc.<sup>(b)</sup> | 46725 | &nbsp;&nbsp; 1348016 |
| ePlus, Inc. | 33805 | &nbsp;&nbsp; 3028928 |
| Extreme Networks, Inc.<sup>(b)</sup> | 57315 | &nbsp;&nbsp; 1003013 |
| FormFactor, Inc.<sup>(b)</sup> | 30159 | &nbsp;&nbsp; 1659348 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P SmallCap 600 Revenue ETF (RWJ)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| Grid Dynamics Holdings, Inc.<sup>(b)</sup> | 57938 | &nbsp;&nbsp; $507537 |
| Harmonic, Inc.<sup>(b)</sup> | 78681 | &nbsp;&nbsp; 752190 |
| Ichor Holdings Ltd.<sup>(b)</sup> | 63166 | &nbsp;&nbsp; 1061189 |
| Impinj, Inc.<sup>(b)(c)</sup> | 2061 | &nbsp;&nbsp; 354224 |
| Insight Enterprises, Inc.<sup>(b)</sup> | 76855 | &nbsp;&nbsp; 6653337 |
| InterDigital, Inc. | 3512 | &nbsp;&nbsp; 1256418 |
| Itron, Inc.<sup>(b)</sup> | 23712 | &nbsp;&nbsp; 2348436 |
| Knowles Corp.<sup>(b)</sup> | 29209 | &nbsp;&nbsp; 656618 |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries, Inc. <br> (Singapore)<br>| 19492 | &nbsp;&nbsp; 879284 |
| LiveRamp Holdings, Inc.<sup>(b)</sup> | 32389 | &nbsp;&nbsp; 934423 |
| MARA Holdings, Inc.<sup>(b)(c)</sup> | 56557 | &nbsp;&nbsp; 667938 |
| MaxLinear, Inc.<sup>(b)</sup> | 26787 | &nbsp;&nbsp; 417074 |
| Mirion Technologies, Inc.<sup>(b)</sup> | 48572 | &nbsp;&nbsp; 1263843 |
| N-able, Inc.<sup>(b)</sup> | 65593 | &nbsp;&nbsp; 472270 |
| NCR Voyix Corp.<sup>(b)(c)</sup> | 245223 | &nbsp;&nbsp; 2479205 |
| NetScout Systems, Inc.<sup>(b)</sup> | 37447 | &nbsp;&nbsp; 1006575 |
| OSI Systems, Inc.<sup>(b)(c)</sup> | 8284 | &nbsp;&nbsp; 2243721 |
| PC Connection, Inc. | 53379 | &nbsp;&nbsp; 3098117 |
| PDF Solutions, Inc.<sup>(b)(c)</sup> | 11252 | &nbsp;&nbsp; 304929 |
| Penguin Solutions, Inc.<sup>(b)(c)</sup> | 61462 | &nbsp;&nbsp; 1243376 |
| Photronics, Inc.<sup>(b)</sup> | 43689 | &nbsp;&nbsp; 1000915 |
| Plexus Corp.<sup>(b)(c)</sup> | 33887 | &nbsp;&nbsp; 4844147 |
| Progress Software Corp.<sup>(b)(c)</sup> | 23078 | &nbsp;&nbsp; 955660 |
| Q2 Holdings, Inc.<sup>(b)</sup> | 10198 | &nbsp;&nbsp; 735582 |
| Qorvo, Inc.<sup>(b)</sup> | 47542 | &nbsp;&nbsp; 4083382 |
| Ralliant Corp. | 38520 | &nbsp;&nbsp; 1901732 |
| Rogers Corp.<sup>(b)</sup> | 11812 | &nbsp;&nbsp; 989964 |
| Sanmina Corp.<sup>(b)</sup> | 75817 | &nbsp;&nbsp; 11839962 |
| ScanSource, Inc.<sup>(b)</sup> | 81641 | &nbsp;&nbsp; 3357078 |
| Semtech Corp.<sup>(b)</sup> | 18790 | &nbsp;&nbsp; 1393466 |
| SiTime Corp.<sup>(b)</sup> | 1213 | &nbsp;&nbsp; 361110 |
| SolarEdge Technologies, Inc.<sup>(b)</sup> | 38307 | &nbsp;&nbsp; 1399355 |
| Sprinklr, Inc., Class A<sup>(b)</sup> | 119609 | &nbsp;&nbsp; 864773 |
| SPS Commerce, Inc.<sup>(b)</sup> | 7199 | &nbsp;&nbsp; 599821 |
| Teradata Corp.<sup>(b)</sup> | 91395 | &nbsp;&nbsp; 2617553 |
| TTM Technologies, Inc.<sup>(b)</sup> | 62301 | &nbsp;&nbsp; 4372284 |
| Ultra Clean Holdings, Inc.<sup>(b)</sup> | 100877 | &nbsp;&nbsp; 2558241 |
| Veeco Instruments, Inc.<sup>(b)(c)</sup> | 31175 | &nbsp;&nbsp; 911245 |
| Viasat, Inc.<sup>(b)</sup> | 180736 | &nbsp;&nbsp; 6204667 |
| Viavi Solutions, Inc.<sup>(b)</sup> | 106220 | &nbsp;&nbsp; 1905587 |
| Vishay Intertechnology, Inc. | 223243 | &nbsp;&nbsp; 3051732 |
|  |  | &nbsp;&nbsp; 128742480 |
| **Materials-5.60%** | **Materials-5.60%** | **Materials-5.60%** |
| AdvanSix, Inc. | 85783 | &nbsp;&nbsp; 1320200 |
| Alpha Metallurgical Resources, Inc.<sup>(b)(c)</sup> | 19504 | &nbsp;&nbsp; 3105232 |
| Balchem Corp.<sup>(c)</sup> | 7157 | &nbsp;&nbsp; 1117995 |
| Celanese Corp.<sup>(c)</sup> | 259097 | &nbsp;&nbsp; 10791390 |
| Century Aluminum Co.<sup>(b)</sup> | 126268 | &nbsp;&nbsp; 3784252 |
| Chemours Co. (The)<sup>(c)</sup> | 417699 | &nbsp;&nbsp; 5342370 |
| Element Solutions, Inc. | 110362 | &nbsp;&nbsp; 2860583 |
| FMC Corp.<sup>(c)</sup> | 130781 | &nbsp;&nbsp; 1868861 |
| H.B. Fuller Co.<sup>(c)</sup> | 66351 | &nbsp;&nbsp; 3866936 |
| Hawkins, Inc. | 6681 | &nbsp;&nbsp; 868664 |
| Hecla Mining Co. | 109655 | &nbsp;&nbsp; 1844397 |
| Ingevity Corp.<sup>(b)(c)</sup> | 27076 | &nbsp;&nbsp; 1414179 |
| Innospec, Inc. | 24795 | &nbsp;&nbsp; 1853674 |
| Kaiser Aluminum Corp. | 47822 | &nbsp;&nbsp; 4593303 |
| Koppers Holdings, Inc. | 83074 | &nbsp;&nbsp; 2464806 |
| Materion Corp. | 18122 | &nbsp;&nbsp; 2214327 |
| Metallus, Inc.<sup>(b)(c)</sup> | 74263 | &nbsp;&nbsp; 1255787 |
| Minerals Technologies, Inc. | 37570 | &nbsp;&nbsp; 2203481 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Materials-(continued)** | **Materials-(continued)** | **Materials-(continued)** |
| O-I Glass, Inc.<sup>(b)(c)</sup> | 592704 | &nbsp;&nbsp; $7989650 |
| Quaker Chemical Corp.<sup>(c)</sup> | 15127 | &nbsp;&nbsp; 2085257 |
| Sealed Air Corp. | 187616 | &nbsp;&nbsp; 8058107 |
| Sensient Technologies Corp. | 17223 | &nbsp;&nbsp; 1679070 |
| Stepan Co. | 53724 | &nbsp;&nbsp; 2435309 |
| SunCoke Energy, Inc. | 277927 | &nbsp;&nbsp; 1812084 |
| Sylvamo Corp.<sup>(c)</sup> | 95280 | &nbsp;&nbsp; 4513414 |
| Warrior Met Coal, Inc. | 24488 | &nbsp;&nbsp; 1917166 |
| Worthington Steel, Inc. | 112164 | &nbsp;&nbsp; 3785535 |
|  |  | &nbsp;&nbsp; 87046029 |
| **Real Estate-3.37%** | **Real Estate-3.37%** | **Real Estate-3.37%** |
| Acadia Realty Trust<sup>(c)</sup> | 22215 | &nbsp;&nbsp; 456963 |
| Alexander & Baldwin, Inc. | 13773 | &nbsp;&nbsp; 215272 |
| American Assets Trust, Inc. | 27180 | &nbsp;&nbsp; 530010 |
| Apple Hospitality REIT, Inc. | 131905 | &nbsp;&nbsp; 1568350 |
| Armada Hoffler Properties, Inc.<sup>(c)</sup> | 84762 | &nbsp;&nbsp; 556886 |
| Brandywine Realty Trust<sup>(c)</sup> | 126262 | &nbsp;&nbsp; 433079 |
| CareTrust REIT, Inc. | 12292 | &nbsp;&nbsp; 461319 |
| Centerspace<sup>(c)</sup> | 5085 | &nbsp;&nbsp; 339475 |
| Curbline Properties Corp.<sup>(c)</sup> | 7289 | &nbsp;&nbsp; 174499 |
| Cushman & Wakefield Ltd.<sup>(b)</sup> | 704183 | &nbsp;&nbsp; 11795065 |
| DiamondRock Hospitality Co. | 156365 | &nbsp;&nbsp; 1424485 |
| Douglas Emmett, Inc.<sup>(c)</sup> | 68529 | &nbsp;&nbsp; 835369 |
| Easterly Government Properties, Inc.<sup>(c)</sup> | 15110 | &nbsp;&nbsp; 329398 |
| Elme Communities<sup>(c)</sup> | 16053 | &nbsp;&nbsp; 278680 |
| Essential Properties Realty Trust, Inc. | 19004 | &nbsp;&nbsp; 601667 |
| eXp World Holdings, Inc.<sup>(c)</sup> | 475681 | &nbsp;&nbsp; 5398979 |
| Four Corners Property Trust, Inc. | 12107 | &nbsp;&nbsp; 291052 |
| Getty Realty Corp.<sup>(c)</sup> | 8255 | &nbsp;&nbsp; 235020 |
| Global Net Lease, Inc.<sup>(c)</sup> | 88851 | &nbsp;&nbsp; 729467 |
| Highwoods Properties, Inc. | 28786 | &nbsp;&nbsp; 800251 |
| Innovative Industrial Properties, Inc.<sup>(c)</sup> | 5669 | &nbsp;&nbsp; 280332 |
| &nbsp;&nbsp;&nbsp; JBG SMITH Properties, (Acquired <br> 03/17/2023 - 10/23/2025; <br> Cost $348,373)<sup>(c)(f)</sup><br>| 24655 | &nbsp;&nbsp; 449461 |
| Kennedy-Wilson Holdings, Inc.<sup>(c)</sup> | 66119 | &nbsp;&nbsp; 643338 |
| LTC Properties, Inc. | 6689 | &nbsp;&nbsp; 244082 |
| LXP Industrial Trust | 8969 | &nbsp;&nbsp; 434996 |
| Macerich Co. (The)<sup>(c)</sup> | 58028 | &nbsp;&nbsp; 1007366 |
| Marcus & Millichap, Inc.<sup>(c)</sup> | 25344 | &nbsp;&nbsp; 742579 |
| Medical Properties Trust, Inc. | 233542 | &nbsp;&nbsp; 1345202 |
| Millrose Properties, Inc.<sup>(c)</sup> | 141946 | &nbsp;&nbsp; 4323675 |
| NexPoint Residential Trust, Inc. | 8422 | &nbsp;&nbsp; 267904 |
| Outfront Media, Inc. | 110572 | &nbsp;&nbsp; 2601759 |
| Pebblebrook Hotel Trust<sup>(c)</sup> | 145542 | &nbsp;&nbsp; 1650446 |
| Phillips Edison & Co., Inc. | 22124 | &nbsp;&nbsp; 785402 |
| Ryman Hospitality Properties, Inc. | 28124 | &nbsp;&nbsp; 2683873 |
| Safehold, Inc.<sup>(c)</sup> | 26655 | &nbsp;&nbsp; 369705 |
| Saul Centers, Inc. | 9741 | &nbsp;&nbsp; 302945 |
| SITE Centers Corp.<sup>(c)</sup> | 25187 | &nbsp;&nbsp; 185376 |
| SL Green Realty Corp. | 18150 | &nbsp;&nbsp; 855409 |
| St. Joe Co. (The) | 9476 | &nbsp;&nbsp; 571687 |
| Summit Hotel Properties, Inc.<sup>(c)</sup> | 145126 | &nbsp;&nbsp; 777875 |
| Sunstone Hotel Investors, Inc.<sup>(c)</sup> | 112958 | &nbsp;&nbsp; 1057287 |
| Tanger, Inc. | 17926 | &nbsp;&nbsp; 601955 |
| Terreno Realty Corp.<sup>(c)</sup> | 8233 | &nbsp;&nbsp; 516950 |
| Universal Health Realty Income Trust | 2658 | &nbsp;&nbsp; 108048 |
| Urban Edge Properties<sup>(c)</sup> | 24432 | &nbsp;&nbsp; 469583 |
| Veris Residential, Inc. | 19568 | &nbsp;&nbsp; 294694 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P SmallCap 600 Revenue ETF (RWJ)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate-(continued)** | **Real Estate-(continued)** | **Real Estate-(continued)** |
| Whitestone REIT | 13640 | &nbsp;&nbsp; $181276 |
| Xenia Hotels & Resorts, Inc.<sup>(c)</sup> | 87278 | &nbsp;&nbsp; 1220146 |
|  |  | &nbsp;&nbsp; 52428637 |
| **Utilities-1.11%** | **Utilities-1.11%** | **Utilities-1.11%** |
| American States Water Co. | 9391 | &nbsp;&nbsp; 692774 |
| Avista Corp. | 62432 | &nbsp;&nbsp; 2583436 |
| California Water Service Group | 25422 | &nbsp;&nbsp; 1153396 |
| Chesapeake Utilities Corp.<sup>(c)</sup> | 7954 | &nbsp;&nbsp; 1106083 |
| Clearway Energy, Inc., Class A | 32092 | &nbsp;&nbsp; 1097546 |
| Clearway Energy, Inc., Class C | 29141 | &nbsp;&nbsp; 1067143 |
| H2O America | 17852 | &nbsp;&nbsp; 828868 |
| MDU Resources Group, Inc.<sup>(c)</sup> | 184681 | &nbsp;&nbsp; 3937399 |
| MGE Energy, Inc. | 9678 | &nbsp;&nbsp; 801532 |
| Middlesex Water Co. | 4167 | &nbsp;&nbsp; 213809 |
| Northwest Natural Holding Co. | 33880 | &nbsp;&nbsp; 1676044 |
| Otter Tail Corp. | 18228 | &nbsp;&nbsp; 1498342 |
| Unitil Corp. | 12125 | &nbsp;&nbsp; 609039 |
|  |  | &nbsp;&nbsp; 17265411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $1,357,812,749) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $1,357,812,749) | &nbsp;&nbsp; 1551440659 |
| **Money Market Funds-0.08%** | **Money Market Funds-0.08%** | **Money Market Funds-0.08%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.91%<sup>(g)(h)</sup> <br>(Cost $1,198,068)<br>| 1198068 | &nbsp;&nbsp; 1198068 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.94% <br>(Cost $1,359,010,817) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.94% <br>(Cost $1,359,010,817) | &nbsp;&nbsp; 1552638727 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-19.63%** | **Money Market Funds-19.63%** | **Money Market Funds-19.63%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.00%<sup>(g)(h)(i)</sup><br>| 86942343 | &nbsp;&nbsp; $86942343 |
| Invesco Private Prime Fund, 4.12%<sup>(g)(h)(i)</sup> | 217927601 | &nbsp;&nbsp; 217992979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $304,938,759) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $304,938,759) | &nbsp;&nbsp; 304935322 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-119.57% <br>(Cost $1,663,949,576) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-119.57% <br>(Cost $1,663,949,576) | &nbsp;&nbsp; 1857574049 |
| OTHER ASSETS LESS LIABILITIES-(19.57)% | OTHER ASSETS LESS LIABILITIES-(19.57)% | &nbsp;&nbsp; (304068616)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $1553505433 |

---

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

Investment Abbreviations: <br> REIT -Real Estate Investment Trust <br> Rts. -Rights

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at November 30, 2025. |
| <sup>(d)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be <br> resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The value of this security at November 30, <br> 2025 represented less than 1% of the Fund's Net Assets.<br>|
| <sup>(e)</sup> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(f)</sup> | Restricted security. The aggregate value of these securities at November 30, 2025 was $689,197, which represented less than 1% of the Fund's Net Assets. |
| <sup>(g)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended November 30, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**November 30, 2025**<br>| **Dividend Income** |
| **Investments in** <br> **Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government <br> & Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $935297 | &nbsp;&nbsp;&nbsp; $19839558 | &nbsp;&nbsp;&nbsp; $(19576787)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1198068 | &nbsp;&nbsp;&nbsp; $10838 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P SmallCap 600 Revenue ETF (RWJ)—(continued)**

November 30, 2025

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **August 31, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Realized**<br> **Gain**<br>| **Value**<br> **November 30, 2025**<br>| **Dividend Income** |
| **Investments** <br> **Purchased with** <br> **Cash Collateral** <br> **from Securities on** <br> **Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; $94544508 | &nbsp;&nbsp;&nbsp; $106859020 | &nbsp;&nbsp;&nbsp; $(114461185)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $86942343 | &nbsp;&nbsp;&nbsp; $937,680<br> \*<br>|
| &nbsp;&nbsp; Invesco Private <br> Prime Fund<br>| &nbsp;&nbsp;&nbsp; 247215599 | &nbsp;&nbsp;&nbsp; 243308208 | &nbsp;&nbsp;&nbsp; (272527852)<br>| &nbsp;&nbsp;&nbsp; (25243)<br>| &nbsp;&nbsp;&nbsp; 22267 | &nbsp;&nbsp;&nbsp; 217992979 | &nbsp;&nbsp;&nbsp; 2,530,297<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $342695404 | &nbsp;&nbsp;&nbsp; $370006786 | &nbsp;&nbsp;&nbsp; $(406565824)<br>| &nbsp;&nbsp;&nbsp; $(25243)<br>| &nbsp;&nbsp;&nbsp; $22267 | &nbsp;&nbsp;&nbsp; $306133390 | &nbsp;&nbsp;&nbsp; $3478815 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(h)</sup> The rate shown is the 7-day SEC standardized yield as of November 30, 2025. <br> <sup>(i)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<sup>(a)</sup>

**Invesco S&P Ultra Dividend Revenue ETF (RDIV)**

November 30, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.70%** | **Common Stocks & Other Equity Interests-99.70%** | **Common Stocks & Other Equity Interests-99.70%** |
| **Communication Services-5.07%** | **Communication Services-5.07%** | **Communication Services-5.07%** |
| AT&T, Inc. | 1698988 | &nbsp;&nbsp; $44207668 |
| **Consumer Discretionary-11.29%** | **Consumer Discretionary-11.29%** | **Consumer Discretionary-11.29%** |
| Best Buy Co., Inc. | 533479 | &nbsp;&nbsp; 42294215 |
| Hasbro, Inc. | 82041 | &nbsp;&nbsp; 6776587 |
| Macy's, Inc. | 1773192 | &nbsp;&nbsp; 39648573 |
| Marriott Vacations Worldwide Corp.<sup>(b)</sup> | 102427 | &nbsp;&nbsp; 5592514 |
| Vail Resorts, Inc.<sup>(b)</sup> | 28743 | &nbsp;&nbsp; 4030056 |
|  |  | &nbsp;&nbsp; 98341945 |
| **Consumer Staples-9.53%** | **Consumer Staples-9.53%** | **Consumer Staples-9.53%** |
| Campbell's Co. (The)<sup>(b)</sup> | 473661 | &nbsp;&nbsp; 14437187 |
| General Mills, Inc.<sup>(b)</sup> | 564659 | &nbsp;&nbsp; 26736604 |
| Target Corp. | 461701 | &nbsp;&nbsp; 41839345 |
|  |  | &nbsp;&nbsp; 83013136 |
| **Energy-23.50%** | **Energy-23.50%** | **Energy-23.50%** |
| Antero Midstream Corp. | 98463 | &nbsp;&nbsp; 1773319 |
| APA Corp. | 636931 | &nbsp;&nbsp; 15904167 |
| Chevron Corp. | 279033 | &nbsp;&nbsp; 42170257 |
| Chord Energy Corp. | 86176 | &nbsp;&nbsp; 8088479 |
| HF Sinclair Corp. | 736253 | &nbsp;&nbsp; 38955146 |
| Murphy Oil Corp.<sup>(b)</sup> | 147167 | &nbsp;&nbsp; 4719646 |
| ONEOK, Inc.<sup>(b)</sup> | 582306 | &nbsp;&nbsp; 42403523 |
| PBF Energy, Inc., Class A | 1472495 | &nbsp;&nbsp; 50771628 |
|  |  | &nbsp;&nbsp; 204786165 |
| **Financials-17.70%** | **Financials-17.70%** | **Financials-17.70%** |
| Comerica, Inc. | 87794 | &nbsp;&nbsp; 7056882 |
| Invesco Ltd.<sup>(c)</sup> | 392086 | &nbsp;&nbsp; 9586503 |
| KeyCorp | 853456 | &nbsp;&nbsp; 15686521 |
| Regions Financial Corp. | 577343 | &nbsp;&nbsp; 14693379 |
| T. Rowe Price Group, Inc. | 100124 | &nbsp;&nbsp; 10250695 |
| Truist Financial Corp. | 995623 | &nbsp;&nbsp; 46296469 |
| U.S. Bancorp | 917159 | &nbsp;&nbsp; 44986649 |
| Valley National Bancorp | 502209 | &nbsp;&nbsp; 5685006 |
|  |  | &nbsp;&nbsp; 154242104 |
| **Health Care-8.26%** | **Health Care-8.26%** | **Health Care-8.26%** |
| CVS Health Corp. | 529315 | &nbsp;&nbsp; 42535753 |
| DENTSPLY SIRONA, Inc.<sup>(b)</sup> | 408422 | &nbsp;&nbsp; 4631506 |
| Perrigo Co. PLC | 289653 | &nbsp;&nbsp; 3866868 |
| Viatris, Inc. | 1957809 | &nbsp;&nbsp; 20928978 |
|  |  | &nbsp;&nbsp; 71963105 |
| **Information Technology-4.40%** | **Information Technology-4.40%** | **Information Technology-4.40%** |
| HP, Inc. | 1569383 | &nbsp;&nbsp; 38324333 |
| **Materials-2.69%** | **Materials-2.69%** | **Materials-2.69%** |
| Eastman Chemical Co. | 219891 | &nbsp;&nbsp; 13650833 |
| Sonoco Products Co. | 232663 | &nbsp;&nbsp; 9811399 |
|  |  | &nbsp;&nbsp; 23462232 |
| **Real Estate-5.91%** | **Real Estate-5.91%** | **Real Estate-5.91%** |
| Agree Realty Corp. | 12740 | &nbsp;&nbsp; 958303 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate-(continued)** | **Real Estate-(continued)** | **Real Estate-(continued)** |
| Brixmor Property Group, Inc. | 69294 | &nbsp;&nbsp; $1811345 |
| COPT Defense Properties | 38495 | &nbsp;&nbsp; 1182951 |
| Cousins Properties, Inc. | 50449 | &nbsp;&nbsp; 1300575 |
| CubeSmart | 37456 | &nbsp;&nbsp; 1394487 |
| Extra Space Storage, Inc. | 31534 | &nbsp;&nbsp; 4199383 |
| Federal Realty Investment Trust | 17737 | &nbsp;&nbsp; 1751174 |
| Host Hotels & Resorts, Inc. | 511441 | &nbsp;&nbsp; 9016705 |
| Kimco Realty Corp. | 136962 | &nbsp;&nbsp; 2829635 |
| Kite Realty Group Trust<sup>(b)</sup> | 54259 | &nbsp;&nbsp; 1255553 |
| Lamar Advertising Co., Class A<sup>(b)</sup> | 26665 | &nbsp;&nbsp; 3530179 |
| PotlatchDeltic Corp. | 36685 | &nbsp;&nbsp; 1476205 |
| Rayonier, Inc. | 66183 | &nbsp;&nbsp; 1469925 |
| Rexford Industrial Realty, Inc.<sup>(b)</sup> | 33507 | &nbsp;&nbsp; 1394226 |
| Simon Property Group, Inc. | 48604 | &nbsp;&nbsp; 9055897 |
| STAG Industrial, Inc. | 30182 | &nbsp;&nbsp; 1185549 |
| UDR, Inc.<sup>(b)</sup> | 66948 | &nbsp;&nbsp; 2438246 |
| VICI Properties, Inc. | 182021 | &nbsp;&nbsp; 5245845 |
|  |  | &nbsp;&nbsp; 51496183 |
| **Utilities-11.35%** | **Utilities-11.35%** | **Utilities-11.35%** |
| ALLETE, Inc. | 32991 | &nbsp;&nbsp; 2230851 |
| Black Hills Corp. | 49831 | &nbsp;&nbsp; 3677029 |
| Dominion Energy, Inc. | 361537 | &nbsp;&nbsp; 22693678 |
| Edison International | 437772 | &nbsp;&nbsp; 25780393 |
| FirstEnergy Corp. | 430702 | &nbsp;&nbsp; 20553099 |
| NorthWestern Energy Group, Inc. | 35941 | &nbsp;&nbsp; 2483164 |
| Portland General Electric Co. | 104027 | &nbsp;&nbsp; 5286652 |
| Spire, Inc. | 40532 | &nbsp;&nbsp; 3593567 |
| UGI Corp. | 318563 | &nbsp;&nbsp; 12599167 |
|  |  | &nbsp;&nbsp; 98897600 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.70% <br>(Cost $785,573,267) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.70% <br>(Cost $785,573,267) | &nbsp;&nbsp; 868734471 |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-5.72%** | **Money Market Funds-5.72%** | **Money Market Funds-5.72%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.00%<sup>(c)(d)(e)</sup><br>| 13955008 | &nbsp;&nbsp; 13955008 |
| Invesco Private Prime Fund, 4.12%<sup>(c)(d)(e)</sup> | 35845779 | &nbsp;&nbsp; 35856533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $49,811,541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $49,811,541) | &nbsp;&nbsp; 49811541 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.42% <br>(Cost $835,384,808) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.42% <br>(Cost $835,384,808) | &nbsp;&nbsp; 918546012 |
| OTHER ASSETS LESS LIABILITIES-(5.42)% | OTHER ASSETS LESS LIABILITIES-(5.42)% | &nbsp;&nbsp; (47244981)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $871301031 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | All or a portion of this security was out on loan at November 30, 2025. |
| <sup>(c)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended November 30, 2025.<br>|

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P Ultra Dividend Revenue ETF (RDIV)—(continued)**

November 30, 2025

*(Unaudited)*

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**November 30, 2025**<br>| **Dividend Income** |
| &nbsp;&nbsp; Invesco Ltd. | &nbsp;&nbsp;&nbsp; $8601829 | &nbsp;&nbsp;&nbsp; $263424 | &nbsp;&nbsp;&nbsp; $(276108)<br>| &nbsp;&nbsp;&nbsp; $964227 | &nbsp;&nbsp;&nbsp; $33131 | &nbsp;&nbsp;&nbsp; $9586503 | &nbsp;&nbsp;&nbsp; $80376 |
| **Investments in** <br> **Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government <br> & Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 10800733 | &nbsp;&nbsp;&nbsp; (10800733)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 9864 |
| **Investments** <br> **Purchased with** <br> **Cash Collateral** <br> **from Securities on** <br> **Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 30020130 | &nbsp;&nbsp;&nbsp; 56115598 | &nbsp;&nbsp;&nbsp; (72180720)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 13955008 | &nbsp;&nbsp;&nbsp; 85,093<br> \*<br>|
| &nbsp;&nbsp; Invesco Private <br> Prime Fund<br>| &nbsp;&nbsp;&nbsp; 77971627 | &nbsp;&nbsp;&nbsp; 108601904 | &nbsp;&nbsp;&nbsp; (150716926)<br>| &nbsp;&nbsp;&nbsp; (2426)<br>| &nbsp;&nbsp;&nbsp; 2354 | &nbsp;&nbsp;&nbsp; 35856533 | &nbsp;&nbsp;&nbsp; 223,584<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $116593586 | &nbsp;&nbsp;&nbsp; $175781659 | &nbsp;&nbsp;&nbsp; $(233974487)<br>| &nbsp;&nbsp;&nbsp; $961801 | &nbsp;&nbsp;&nbsp; $35485 | &nbsp;&nbsp;&nbsp; $59398044 | &nbsp;&nbsp;&nbsp; $398917 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of November 30, 2025. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

**Notes to Quarterly Schedules of Portfolio Holdings**

November 30, 2025

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 — Prices are determined using quoted prices in an active market for identical assets.

Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC's assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of November 30, 2025. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp; Invesco S&P 500 Revenue ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $7138046228 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $7138046228 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 100591052 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 100591052 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $7138046228 | &nbsp;&nbsp;&nbsp; $100591052 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $7238637280 |
| &nbsp;&nbsp; Invesco S&P MidCap 400 Revenue ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $1048020125 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1048020125 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 404685 | &nbsp;&nbsp;&nbsp; 149586179 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 149990864 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $1048424810 | &nbsp;&nbsp;&nbsp; $149586179 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1198010989 |
| &nbsp;&nbsp; Invesco S&P SmallCap 600 Revenue ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $1551440659 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp; $1551440659 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 1198068 | &nbsp;&nbsp;&nbsp; 304935322 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 306133390 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $1552638727 | &nbsp;&nbsp;&nbsp; $304935322 | &nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp; $1857574049 |
| &nbsp;&nbsp; Invesco S&P Ultra Dividend Revenue ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $868734471 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $868734471 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 49811541 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 49811541 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $868734471 | &nbsp;&nbsp;&nbsp; $49811541 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $918546012 |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust II

- **b. Investment Company Act file number:** 811-21977

- **c. CIK number of Registrant:** 0001378872

- **d. LEI of Registrant:** O540V2L4S174Y60FMD36

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco S&P 500 Revenue ETF

- **b. EDGAR series identifier (if any):** S000064593

- **c. LEI of Series:** 549300G2ZSGHHWSMXN54

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $7248641196.32

**Total Liabilities:** $102830937.10

**Net Assets:** $7145810259.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209110 | 2.72%                | 1.09%                | 2.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $95752355.82             | $76083305.64                               |
| Month 2  | $-3258409.60             | $71001188.57                               |
| Month 3  | $43014368.45             | $119824144.85                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MSCI Inc.                                      | MSCI Inc.                                      | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      2003 | NS      | $1129131.16   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                 | Hewlett Packard Enterprise Co.                 | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    508780 | NS      | $11127018.60  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc.                                        | HP Inc.                                        | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    722411 | NS      | $17641276.62  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Block, Inc.                                    | Block, Inc., Class A                           | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |    121895 | NS      | $8142586.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc.                                   | Hubbell Inc.                                   | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      4771 | NS      | $2058352.53   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                       | Willis Towers Watson PLC                       | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     11093 | NS      | $3560853.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                     | Chubb Ltd.                                     | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     77830 | NS      | $23051689.40  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc.                                | S&P Global Inc.                                | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     10188 | NS      | $5082080.04   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                   | Charter Communications, Inc., Class A          | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     78836 | NS      | $15776660.32  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Fortive Corp.                                  | Fortive Corp.                                  | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     37365 | NS      | $1998280.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                     | Ameriprise Financial, Inc.                     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     13895 | NS      | $6332507.30   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC             | Johnson Controls International PLC             | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     81828 | NS      | $9517414.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| C.H. Robinson Worldwide, Inc.                  | C.H. Robinson Worldwide, Inc.                  | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     49909 | NS      | $7929042.83   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk, Inc. (The)                         | Trade Desk, Inc. (The), Class A                | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     21804 | NS      | $862566.24    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                   | Vistra Corp.                                   | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     39704 | NS      | $7101457.44   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings, Inc.                     | Lamb Weston Holdings, Inc.                     | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     43229 | NS      | $2553104.74   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc.                                  | NiSource Inc.                                  | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     56405 | NS      | $2489152.65   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc.                                      | AT&T Inc.                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |   1595886 | NS      | $41524953.72  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc.                 | Hilton Worldwide Holdings Inc.                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     15721 | NS      | $4480956.63   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                       | SBA Communications Corp., Class A              | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      5272 | NS      | $1024191.44   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc.                          | Invitation Homes Inc.                          | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |     34121 | NS      | $962212.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                          | Axon Enterprise, Inc.                          | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1169 | NS      | $631423.66    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services, Inc.   | Fidelity National Information Services, Inc.   | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     58183 | NS      | $3826695.91   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                               | Baker Hughes Co., Class A                      | CUSIP: 05722G100<br>LEI: 549300XU3XH6F05YEQ93 | Long             | EC               | CORP              | US        |    221367 | NS      | $11112623.40  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant, Inc.                                 | Assurant, Inc.                                 | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     22012 | NS      | $5022257.92   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry, Inc.                                 | Tapestry, Inc.                                 | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     24983 | NS      | $2730142.24   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc.                           | TransDigm Group Inc.                           | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2494 | NS      | $3392263.98   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc.                            | IQVIA Holdings Inc.                            | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     31969 | NS      | $7353189.69   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts, Ltd.                             | Wynn Resorts, Ltd.                             | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |     21298 | NS      | $2740626.64   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp.                          | Las Vegas Sands Corp.                          | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     79850 | NS      | $5442576.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc.                           | VICI Properties Inc.                           | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     44429 | NS      | $1280443.78   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc.                          | Booking Holdings Inc.                          | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1731 | NS      | $8507328.39   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co.                             | Erie Indemnity Co., Class A                    | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |      4528 | NS      | $1337978.72   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                   | Fastenal Co.                                   | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     60685 | NS      | $2451674.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp.                             | Hormel Foods Corp.                             | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |    180788 | NS      | $4196089.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group, Ltd.                            | Everest Group, Ltd.                            | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |     19472 | NS      | $6119854.88   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown, Inc.                            | Brown & Brown, Inc.                            | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     20483 | NS      | $1647447.69   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma, Inc.                          | Williams-Sonoma, Inc.                          | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     14517 | NS      | $2613205.17   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Zebra Technologies Corp.                       | Zebra Technologies Corp., Class A              | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |      6382 | NS      | $1613050.50   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc.                                  | Broadcom Inc.                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     60954 | NS      | $24562023.84  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                       | Darden Restaurants, Inc.                       | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     21414 | NS      | $3845526.12   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                            | General Mills, Inc.                            | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |    145841 | NS      | $6905571.35   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                | Goldman Sachs Group, Inc. (The)                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     61389 | NS      | $50709769.56  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                              | Hershey Co. (The)                              | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     22778 | NS      | $4284086.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                     | Occidental Petroleum Corp.                     | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |    221360 | NS      | $9297120.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)       | PNC Financial Services Group, Inc. (The)       | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     62934 | NS      | $12002772.48  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                   | Evergy, Inc.                                   | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     30487 | NS      | $2367315.55   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce, Inc.                                 | Dayforce, Inc.                                 | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     10092 | NS      | $697357.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp.                                      | EQT Corp.                                      | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     53268 | NS      | $3241890.48   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co. Inc.                                 | KKR & Co. Inc., Class A                        | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     47958 | NS      | $5865742.98   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc.                          | Keurig Dr Pepper Inc.                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    214990 | NS      | $5998221.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna, Inc.                                  | Moderna, Inc.                                  | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |     47472 | NS      | $1233322.56   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Cigna Group (The)                              | Cigna Group (The)                              | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    324615 | NS      | $90009247.20  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc.                         | Dell Technologies Inc., Class C                | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |    306367 | NS      | $40854039.45  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart, Inc.                                   | Copart, Inc.                                   | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     35874 | NS      | $1398368.52   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                        | Arch Capital Group Ltd.                        | CUSIP: G0450A105<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     76975 | NS      | $7229492.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp.                                      | Fox Corp., Class B                             | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     58942 | NS      | $3433960.92   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp.                                      | Fox Corp., Class A                             | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     53337 | NS      | $3493573.50   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Dow Inc.                                       | Dow Inc.                                       | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |    658948 | NS      | $15715909.80  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates, Inc.                  | Jack Henry & Associates, Inc.                  | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      5585 | NS      | $974470.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Steris PLC                                     | Steris PLC                                     | CUSIP: G8473T100<br>LEI: 549300F1857N5E6G6T48 | Long             | EC               | CORP              | IE        |      8530 | NS      | $2271368.40   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology, Inc.                         | Align Technology, Inc.                         | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     11146 | NS      | $1640579.74   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Take-Two Interactive Software, Inc.            | Take-Two Interactive Software, Inc.            | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      8932 | NS      | $2197897.24   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                       | Skyworks Solutions, Inc.                       | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     20419 | NS      | $1346633.05   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK, Inc.                                    | ONEOK, Inc.                                    | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    143379 | NS      | $10440858.78  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp.                                | Albemarle Corp.                                | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     25491 | NS      | $3313575.09   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Atmos Energy Corp.                             | Atmos Energy Corp.                             | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     10553 | NS      | $1861232.61   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| J. M. Smucker Co. (The)                        | J. M. Smucker Co. (The)                        | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     29666 | NS      | $3090603.88   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies, Inc.                        | Uber Technologies, Inc.                        | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    188592 | NS      | $16509343.68  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins, Inc.                                  | Rollins, Inc.                                  | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     23777 | NS      | $1461809.96   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials, Inc.                | Martin Marietta Materials, Inc.                | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      4086 | NS      | $2546558.64   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies, Inc.                       | Roper Technologies, Inc.                       | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      5438 | NS      | $2426544.36   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                                  | Corteva, Inc.                                  | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     89589 | NS      | $6044569.83   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce, Inc.                               | Salesforce, Inc.                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     61152 | NS      | $14097982.08  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.                 | Monolithic Power Systems, Inc.                 | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1114 | NS      | $1033981.38   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours, Inc.                        | DuPont de Nemours, Inc.                        | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     62061 | NS      | $2468165.97   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CrowdStrike Holdings, Inc.                     | CrowdStrike Holdings, Inc., Class A            | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      3859 | NS      | $1964848.44   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                                   | Nasdaq, Inc.                                   | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     30891 | NS      | $2808609.72   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                      | Amcor PLC                                      | CUSIP: G0250X107<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |    682724 | NS      | $5816808.48   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource, Inc.                     | Builders FirstSource, Inc.                     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     42560 | NS      | $4776508.80   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies, Inc.                    | L3Harris Technologies, Inc.                    | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     29103 | NS      | $8110715.07   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc.                                | Blackstone Inc., Class A                       | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     27294 | NS      | $3996387.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill, Inc.                   | Chipotle Mexican Grill, Inc.                   | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |    112003 | NS      | $3866343.56   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.             | American International Group, Inc.             | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    135009 | NS      | $10282285.44  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc.                                | Globe Life Inc.                                | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     15874 | NS      | $2138704.02   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp.                                  | Insulet Corp.                                  | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      2619 | NS      | $856910.61    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines, Inc.                          | Delta Air Lines, Inc.                          | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |    379421 | NS      | $24320886.10  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog, Inc.                                  | Datadog, Inc., Class A                         | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      8108 | NS      | $1297361.08   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                          | Bank of America Corp.                          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1488504 | NS      | $79858239.60  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                            | Abbott Laboratories                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    125145 | NS      | $16131190.50  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc.                                     | Adobe Inc.                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     24181 | NS      | $7741063.53   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp. (The)                                | AES Corp. (The)                                | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    353865 | NS      | $4975341.90   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.          | Alexandria Real Estate Equities, Inc.          | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     13890 | NS      | $745476.30    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                           | Allstate Corp. (The)                           | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |    124494 | NS      | $26514732.12  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                           | American Express Co.                           | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     89258 | NS      | $32603269.66  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties, Inc.                    | Healthpeak Properties, Inc.                    | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |     58395 | NS      | $1066292.70   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc.                               | Gen Digital Inc.                               | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     54189 | NS      | $1428963.93   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                     | Amgen Inc.                                     | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     46908 | NS      | $16204837.68  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                           | Analog Devices, Inc.                           | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     15712 | NS      | $4169022.08   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                        | Applied Materials, Inc.                        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     65730 | NS      | $16580392.50  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                     | Archer-Daniels-Midland Co.                     | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |    506448 | NS      | $30761651.52  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                         | Truist Financial Corp.                         | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    256067 | NS      | $11907115.50  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp.                                      | CSX Corp.                                      | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    165321 | NS      | $5845750.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp.                             | Devon Energy Corp.                             | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    176595 | NS      | $6544610.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc.                      | Baxter International Inc.                      | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    170010 | NS      | $3185987.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                         | Costco Wholesale Corp.                         | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    105593 | NS      | $96468708.87  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Co.                      | Becton, Dickinson and Co.                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     42800 | NS      | $8304056.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources, Inc.                            | EOG Resources, Inc.                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     71383 | NS      | $7698656.55   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co. (The)                               | Boeing Co. (The)                               | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    124358 | NS      | $23503662.00  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                        | Boston Scientific Corp.                        | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     66376 | NS      | $6742474.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                       | Bristol-Myers Squibb Co.                       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    379925 | NS      | $18692310.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                   | Cadence Design Systems, Inc.                   | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      5616 | NS      | $1751293.44   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                          | Cardinal Health, Inc.                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |    560173 | NS      | $118902320.98 | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc.                               | Caterpillar Inc.                               | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     56090 | NS      | $32294378.40  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices, Inc.                   | Advanced Micro Devices, Inc.                   | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     69647 | NS      | $15150311.91  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp.                           | Alliant Energy Corp.                           | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     24300 | NS      | $1688121.00   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc.                            | Ingersoll Rand Inc.                            | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     34391 | NS      | $2762972.94   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Trane Technologies PLC                         | Trane Technologies PLC                         | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     18694 | NS      | $7879147.12   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                            | Cisco Systems, Inc.                            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    312819 | NS      | $24068293.86  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                        | KeyCorp                                        | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    182095 | NS      | $3346906.10   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                   | Marriott International, Inc., Class A          | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     36869 | NS      | $11237302.51  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.        | Mid-America Apartment Communities, Inc.        | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      5817 | NS      | $790472.13    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                            | Coca-Cola Co. (The)                            | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    260573 | NS      | $19053097.76  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                        | Aon PLC, Class A                               | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     17400 | NS      | $6158208.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc.                          | Howmet Aerospace Inc.                          | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     15711 | NS      | $3214313.49   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                          | Colgate-Palmolive Co.                          | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     89975 | NS      | $7233090.25   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                           | Otis Worldwide Corp.                           | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     60509 | NS      | $5376224.65   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp.                           | Carrier Global Corp.                           | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    134553 | NS      | $7384268.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                      | RTX Corp.                                      | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    202823 | NS      | $35475770.93  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies, Inc.                      | Akamai Technologies, Inc.                      | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |     19936 | NS      | $1784670.72   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc.                                   | Corning Inc.                                   | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     71015 | NS      | $5979463.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                    | United Parcel Service, Inc., Class B           | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |    404211 | NS      | $38719371.69  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                                   | Cummins Inc.                                   | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     31219 | NS      | $15546437.62  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                               | CVS Health Corp.                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |   1963148 | NS      | $157758573.28 | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                               | NRG Energy, Inc.                               | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     68550 | NS      | $11618539.50  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund                | Invesco Private Government Fund                | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  32964820 | NS      | $32964820.38  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Danaher Corp.                                  | Danaher Corp.                                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     47249 | NS      | $10715128.22  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co.                                    | Deere & Co.                                    | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     35378 | NS      | $16432727.22  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell's Co. (The)                           | Campbell's Co. (The)                           | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |    114644 | NS      | $3494349.12   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp.                                    | Dover Corp.                                    | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     16714 | NS      | $3096769.92   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                   | Ameren Corp.                                   | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     31818 | NS      | $3383844.30   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                           | Edison International                           | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    118131 | NS      | $6956734.59   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                           | Electronic Arts Inc.                           | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     16447 | NS      | $3322787.41   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                           | Emerson Electric Co.                           | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     49781 | NS      | $6639789.78   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                  | Entergy Corp.                                  | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     51810 | NS      | $5052511.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group, Inc.                              | Match Group, Inc.                              | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |     34166 | NS      | $1138069.46   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos. Inc. (The)                   | Estee Lauder Cos. Inc. (The), Class A          | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |     61223 | NS      | $5759247.61   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                    | Ecolab Inc.                                    | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     21890 | NS      | $6023252.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Prime Fund                     | Invesco Private Prime Fund                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  67626232 | NS      | $67626231.78  | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                            | Fifth Third Bancorp                            | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    111410 | NS      | $4841878.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources, Inc.                       | Franklin Resources, Inc.                       | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |    133030 | NS      | $3005147.70   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co.                              | Genuine Parts Co.                              | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     63821 | NS      | $8322258.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                          | Gilead Sciences, Inc.                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     93956 | NS      | $11823423.04  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                         | Sempra                                         | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     60239 | NS      | $5705838.08   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co.                                | Halliburton Co.                                | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    370217 | NS      | $9707089.74   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)           | Hartford Insurance Group, Inc. (The)           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     78755 | NS      | $10791797.65  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                             | Henry Schein, Inc.                             | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     70908 | NS      | $5287609.56   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Exxon Mobil Corp.                              | Exxon Mobil Corp.                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   1097683 | NS      | $127243413.36 | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                                 | AutoZone, Inc.                                 | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |      1736 | NS      | $6864716.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. (The)                         | Home Depot, Inc. (The)                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    150008 | NS      | $53540855.36  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| W. R. Berkley Corp.                            | W. R. Berkley Corp.                            | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     74144 | NS      | $5760247.36   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                      | Church & Dwight Co., Inc.                      | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     24451 | NS      | $2082247.16   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                    | Humana Inc.                                    | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |    169039 | NS      | $41544715.03  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc.                                    | PACCAR Inc.                                    | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |    118455 | NS      | $12487526.10  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Revvity, Inc.                                  | Revvity, Inc.                                  | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |     12713 | NS      | $1327364.33   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Tyson Foods, Inc.                              | Tyson Foods, Inc., Class A                     | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    366751 | NS      | $21289895.55  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp.                          | Western Digital Corp.                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     52709 | NS      | $8608960.97   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                   | Honeywell International Inc.                   | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     70920 | NS      | $13630114.80  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.          | International Business Machines Corp.          | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     93638 | NS      | $28894814.04  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp.                                    | Intel Corp.                                    | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    804417 | NS      | $32627153.52  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | Johnson & Johnson                              | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    193848 | NS      | $40111028.16  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                           | Kimberly-Clark Corp.                           | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     55213 | NS      | $6024842.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                               | Kroger Co. (The)                               | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |    824313 | NS      | $55459778.64  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc.                     | Palantir Technologies Inc., Class A            | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      7764 | NS      | $1307845.80   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly and Co.                              | Eli Lilly and Co.                              | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     26501 | NS      | $28501030.47  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                          | Lockheed Martin Corp.                          | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     58144 | NS      | $26621811.84  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc.                                   | Viatris Inc.                                   | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    513992 | NS      | $5494574.48   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp.                                    | Loews Corp.                                    | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     70895 | NS      | $7647443.65   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                   | Target Corp.                                   | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |    437398 | NS      | $39637006.76  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                           | PPG Industries, Inc.                           | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     55672 | NS      | $5569426.88   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos., Inc.                              | Lowe's Cos., Inc.                              | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    117938 | NS      | $28597606.24  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                          | Dominion Energy, Inc.                          | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     95663 | NS      | $6004766.51   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| F5, Inc.                                       | F5, Inc.                                       | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      3449 | NS      | $824862.84    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                    | Marsh & McLennan Cos., Inc.                    | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     48791 | NS      | $8950708.95   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp.                                    | Masco Corp.                                    | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     39247 | NS      | $2545952.89   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb, Inc.                                   | Airbnb, Inc., Class A                          | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     35127 | NS      | $4109507.73   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc.                         | Quest Diagnostics Inc.                         | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     21886 | NS      | $4140393.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                 | Amphenol Corp., Class A                        | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     59196 | NS      | $8340716.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc.                    | Vertex Pharmaceuticals Inc.                    | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     11068 | NS      | $4799195.48   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                               | McDonald's Corp.                               | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     32096 | NS      | $10008174.72  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                      | PPL Corp.                                      | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     92142 | NS      | $3400039.80   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                      | MGM Resorts International                      | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |    179244 | NS      | $6325520.76   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc.                      | Microchip Technology Inc.                      | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     24539 | NS      | $1314799.62   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology, Inc.                        | Micron Technology, Inc.                        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     90674 | NS      | $21442587.52  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                | Microsoft Corp.                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    211575 | NS      | $104097015.75 | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co., Inc.              | American Electric Power Co., Inc.              | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     73312 | NS      | $9073826.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                 | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    266872 | NS      | $45277503.52  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions, Inc.                       | Motorola Solutions, Inc.                       | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      8593 | NS      | $3176660.24   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                                 | DoorDash, Inc., Class A                        | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     17321 | NS      | $3435966.77   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp.                                    | FedEx Corp.                                    | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |    146456 | NS      | $40374990.08  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.        | International Flavors & Fragrances Inc.        | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     65612 | NS      | $4558721.76   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, Inc.                                     | NIKE, Inc., Class B                            | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    234719 | NS      | $15169888.97  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                         | Northrop Grumman Corp.                         | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     26229 | NS      | $15009545.25  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp.                                  | Nordson Corp.                                  | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      4676 | NS      | $1111298.16   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp.                       | Texas Pacific Land Corp.                       | CUSIP: 88262P102<br>LEI: 529900WTH0D1S7BB4S10 | Long             | EC               | CORP              | US        |       291 | NS      | $251508.39    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp.                         | Norfolk Southern Corp.                         | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     16759 | NS      | $4895136.31   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc.                             | Omnicom Group Inc.                             | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     78344 | NS      | $5610997.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Oracle Corp.                                   | Oracle Corp.                                   | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     65606 | NS      | $13249131.70  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                           | Steel Dynamics, Inc.                           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     48640 | NS      | $8163251.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                            | Expand Energy Corp.                            | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     34319 | NS      | $4184515.67   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                            | Union Pacific Corp.                            | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     42657 | NS      | $9889172.31   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                           | United Rentals, Inc.                           | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      6295 | NS      | $5131558.10   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                              | Wells Fargo & Co.                              | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    577028 | NS      | $49537853.80  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services, Inc.             | West Pharmaceutical Services, Inc.             | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      4366 | NS      | $1210473.50   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex, Inc.                                  | Paychex, Inc.                                  | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     15671 | NS      | $1750293.99   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp.                                      | APA Corp.                                      | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    161701 | NS      | $4037673.97   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| PepsiCo, Inc.                                  | PepsiCo, Inc.                                  | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    241832 | NS      | $35970091.68  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                    | Pfizer Inc.                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    977083 | NS      | $25150116.42  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp.                     | Edwards Lifesciences Corp.                     | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     27212 | NS      | $2358464.04   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                     | Procter & Gamble Co. (The)                     | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    201180 | NS      | $29806828.80  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global, Inc.                          | Coinbase Global, Inc., Class A                 | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     10065 | NS      | $2745933.30   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                                 | AppLovin Corp., Class A                        | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      3483 | NS      | $2087988.84   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup, Inc.                               | PulteGroup, Inc.                               | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48975 | NS      | $6229130.25   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                         | Verisk Analytics, Inc.                         | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      4284 | NS      | $964199.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group, Inc.                             | CoStar Group, Inc.                             | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     12673 | NS      | $871902.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc.                                    | ResMed Inc.                                    | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      7139 | NS      | $1826370.37   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                        | UnitedHealth Group Inc.                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    458159 | NS      | $151087093.43 | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp.                         | General Dynamics Corp.                         | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     58568 | NS      | $20008585.84  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                                       | SLB Ltd.                                       | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    368766 | NS      | $13364079.84  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co. (The)                     | Sherwin-Williams Co. (The)                     | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     24189 | NS      | $8313517.41   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc.                                   | Snap-on Inc.                                   | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      5838 | NS      | $1985211.90   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co. (The)                             | Southern Co. (The)                             | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    116483 | NS      | $10613930.96  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                         | Southwest Airlines Co.                         | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    332097 | NS      | $11560296.57  | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Starbucks Corp.                                | Starbucks Corp.                                | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    166196 | NS      | $14477333.56  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                             | State Street Corp.                             | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     73332 | NS      | $8727974.64   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.           | Cognizant Technology Solutions Corp., Class A  | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    112567 | NS      | $8747581.57   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                              | Merck & Co., Inc.                              | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    283561 | NS      | $29725699.63  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp.                                  | Stryker Corp.                                  | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     23603 | NS      | $8760961.54   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet, Inc.                                 | Fortinet, Inc.                                 | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     29872 | NS      | $2423515.36   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp.                                    | Sysco Corp.                                    | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    381074 | NS      | $29037838.80  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC                | Seagate Technology Holdings PLC                | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     17639 | NS      | $4880534.91   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                                 | Teradyne, Inc.                                 | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      9016 | NS      | $1639920.24   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                         | Texas Instruments Inc.                         | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     33952 | NS      | $5713103.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                     | Charles Schwab Corp. (The)                     | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    109562 | NS      | $10159684.26  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc.                                   | Textron Inc.                                   | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     64973 | NS      | $5403154.68   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc.                  | Thermo Fisher Scientific Inc.                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     34053 | NS      | $20119533.99  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                           | TJX Cos., Inc. (The)                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    155791 | NS      | $23667768.72  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.                | Universal Health Services, Inc., Class B       | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     33319 | NS      | $8117507.97   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp.                                   | Wabtec Corp.                                   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     20834 | NS      | $4344930.70   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                            | Valero Energy Corp.                            | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    293276 | NS      | $51839465.76  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                       | Intuitive Surgical, Inc.                       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      7606 | NS      | $4361888.88   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc.                                   | Walmart Inc.                                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   2593729 | NS      | $286632991.79 | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)                          | Walt Disney Co. (The)                          | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    305221 | NS      | $31886437.87  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International, Inc. | Charles River Laboratories International, Inc. | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |      9854 | NS      | $1755391.56   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp.                                   | Waters Corp.                                   | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      3926 | NS      | $1583826.92   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets, Inc.                        | Robinhood Markets, Inc., Class A               | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     11474 | NS      | $1474294.26   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co.                           | General Electric Co.                           | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     55408 | NS      | $16536517.60  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                    | Verizon Communications Inc.                    | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |   1183002 | NS      | $48633212.22  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos., Inc. (The)                      | Williams Cos., Inc. (The)                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     72241 | NS      | $4401644.13   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc.                                   | Trimble Inc.                                   | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     16742 | NS      | $1363133.64   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co.                                 | Ford Motor Co.                                 | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |   6097285 | NS      | $80971944.80  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp.                           | Dollar General Corp.                           | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |    146959 | NS      | $16090540.91  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp.                                  | Moody's Corp.                                  | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      5397 | NS      | $2648739.66   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                   | Exelon Corp.                                   | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    206424 | NS      | $9726698.88   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita Inc.                                    | DaVita Inc.                                    | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |     37261 | NS      | $4459396.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                          | Generac Holdings Inc.                          | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |      9035 | NS      | $1369977.05   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Group, Inc.                      | T. Rowe Price Group, Inc.                      | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     24928 | NS      | $2552128.64   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                 | Apollo Global Management, Inc.                 | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     72696 | NS      | $9584967.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                           | JPMorgan Chase & Co.                           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    348682 | NS      | $109165360.56 | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust                | Federal Realty Investment Trust                | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |      4639 | NS      | $458008.47    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc.                           | Global Payments Inc.                           | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     41770 | NS      | $3164495.20   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.                     | Constellation Energy Corp.                     | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     29547 | NS      | $10765744.92  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                   | U.S. Bancorp                                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    321638 | NS      | $15776343.90  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros. Discovery, Inc.                   | Warner Bros. Discovery, Inc.                   | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |   1152138 | NS      | $27651312.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                           | NextEra Energy, Inc.                           | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    133881 | NS      | $11552591.49  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets, Inc.                      | Cboe Global Markets, Inc.                      | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      7247 | NS      | $1870957.99   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                   | Zimmer Biomet Holdings, Inc.                   | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     28649 | NS      | $2793850.48   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Garmin Ltd.                                    | Garmin Ltd.                                    | CUSIP: H2906T109<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |     10710 | NS      | $2091877.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                    | Tesla, Inc.                                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    100203 | NS      | $43104324.51  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors N.V.                        | NXP Semiconductors N.V.                        | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     20678 | NS      | $4030969.32   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc.                          | Jacobs Solutions Inc.                          | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     30629 | NS      | $4129095.49   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp. of America                     | Packaging Corp. of America                     | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     15183 | NS      | $3098394.81   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                                  | Cencora, Inc.                                  | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    401509 | NS      | $148128715.37 | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries N.V.                 | LyondellBasell Industries N.V., Class A        | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |    244323 | NS      | $11969383.77  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                                      | eBay Inc.                                      | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     43082 | NS      | $3566758.78   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                  | Chevron Corp.                                  | CUSIP: 166764100<br>LEI: LJOF0JWZSCIUPEC3LQ45 | Long             | EC               | CORP              | US        |    446694 | NS      | $67508894.45  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC, Class A                         | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |    105774 | NS      | $26443500.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co.                             | General Motors Co.                             | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |   1229034 | NS      | $90358579.68  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                          | Targa Resources Corp.                          | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     39615 | NS      | $6944905.65   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc.                | GE HealthCare Technologies Inc.                | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     99103 | NS      | $7927248.97   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                     | Prudential Financial, Inc.                     | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |    210811 | NS      | $22820290.75  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co., Inc.                             | Best Buy Co., Inc.                             | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |    203850 | NS      | $16161228.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                                  | Centene Corp.                                  | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |   2141505 | NS      | $84246806.70  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                      | Linde PLC                                      | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     26505 | NS      | $10875531.60  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc.                                    | Kenvue Inc.                                    | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    306918 | NS      | $5325027.30   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                   | Royal Caribbean Cruises Ltd.                   | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |     18914 | NS      | $5035852.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| 3M Co.                                         | 3M Co.                                         | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     60267 | NS      | $10368937.35  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                            | Kinder Morgan, Inc.                            | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    217605 | NS      | $5944968.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings, Inc.                       | TKO Group Holdings, Inc.                       | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7494 | NS      | $1453011.66   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare, Inc.                           | HCA Healthcare, Inc.                           | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     69220 | NS      | $35183833.80  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                     | Apple Inc.                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    677080 | NS      | $188803758.00 | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM! Brands, Inc.                              | YUM! Brands, Inc.                              | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     20273 | NS      | $3106026.33   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.            | Huntington Ingalls Industries, Inc.            | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |     15966 | NS      | $5007256.92   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                    | Capital One Financial Corp.                    | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     90512 | NS      | $19828463.84  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp.                                    | Nucor Corp.                                    | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     82167 | NS      | $13104814.83  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                          | Parker-Hannifin Corp.                          | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      9716 | NS      | $8372277.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International Inc.              | Mettler-Toledo International Inc.              | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |      1158 | NS      | $1710041.76   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories, Inc.                       | IDEXX Laboratories, Inc.                       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      2386 | NS      | $1796371.68   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                   | Lennar Corp., Class A                          | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     86187 | NS      | $11316353.10  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                                  | Veralto Corp.                                  | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     18980 | NS      | $1921155.60   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global S.A.                              | Bunge Global S.A.                              | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |    232435 | NS      | $22330030.45  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                 | ConocoPhillips                                 | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    229457 | NS      | $20350541.33  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.                | Automatic Data Processing, Inc.                | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     26353 | NS      | $6727920.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co. (The)                               | Mosaic Co. (The)                               | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    126168 | NS      | $3089854.32   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                                 | Prologis, Inc.                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     28913 | NS      | $3716187.89   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                       | Marathon Petroleum Corp.                       | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |    275133 | NS      | $53301516.09  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos., Inc. (The)                        | Cooper Cos., Inc. (The)                        | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |     22411 | NS      | $1746489.23   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                                  | QUALCOMM Inc.                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    102160 | NS      | $17172074.40  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd.                                   | Invesco Ltd.                                   | CUSIP: G491BT108<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |    104216 | NS      | $2548081.20   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                             | Ralph Lauren Corp.                             | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      8837 | NS      | $3246095.21   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                                  | Comcast Corp., Class A                         | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   1394410 | NS      | $37216802.90  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group, Inc.                               | CBRE Group, Inc., Class A                      | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     88043 | NS      | $14247998.69  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                              | D.R. Horton, Inc.                              | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     73837 | NS      | $11740821.37  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay, Inc.                                   | Corpay, Inc.                                   | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      5126 | NS      | $1516270.80   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc.                                     | Xylem Inc.                                     | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     23767 | NS      | $3343303.89   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp.                                | Solventum Corp.                                | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |     44234 | NS      | $3771390.84   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                                | GE Vernova Inc.                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     21412 | NS      | $12842275.24  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                          | Deckers Outdoor Corp.                          | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     16855 | NS      | $1483745.65   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                             | Altria Group, Inc.                             | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    114519 | NS      | $6757766.19   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                               | Weyerhaeuser Co.                               | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    105001 | NS      | $2332072.21   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc.                          | Labcorp Holdings Inc.                          | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18468 | NS      | $4963829.04   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit Westrock PLC                           | Smurfit Westrock PLC                           | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |    256498 | NS      | $9154413.62   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co. (The)                               | Clorox Co. (The)                               | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     21601 | NS      | $2331611.94   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group, Inc.                            | Expedia Group, Inc.                            | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |     24398 | NS      | $6238324.62   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                           | American Tower Corp.                           | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     19831 | NS      | $3594765.37   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp.                                 | Carnival Corp.                                 | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |    312520 | NS      | $8056765.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| TE Connectivity PLC                            | TE Connectivity PLC                            | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     29544 | NS      | $6681375.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer, Inc.                     | Super Micro Computer, Inc.                     | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |    187322 | NS      | $6340849.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| BlackRock, Inc.                                | BlackRock, Inc.                                | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      7664 | NS      | $8026507.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                             | Lam Research Corp.                             | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     64733 | NS      | $10098348.00  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                          | Arista Networks, Inc.                          | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     19768 | NS      | $2583282.24   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                        | Molina Healthcare, Inc.                        | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     90995 | NS      | $13490918.70  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                      | Aptiv PLC                                      | CUSIP: G3265R107<br>LEI: 254900HTTDFIJZ32GX53 | Long             | EC               | CORP              | JE        |     90070 | NS      | $6984928.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                           | Meta Platforms, Inc., Class A                  | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     89352 | NS      | $57895628.40  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems, Inc.                             | EPAM Systems, Inc.                             | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     12410 | NS      | $2320670.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                    | Phillips 66                                    | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |    379559 | NS      | $51984400.64  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc.                                    | Biogen Inc.                                    | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     25226 | NS      | $4593402.34   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                               | ServiceNow, Inc.                               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      4890 | NS      | $3972684.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                              | Duke Energy Corp.                              | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     97508 | NS      | $12085141.52  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                       | Palo Alto Networks, Inc.                       | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     17497 | NS      | $3326704.61   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                 | Citigroup Inc.                                 | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    654745 | NS      | $67831582.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                         | Waste Management, Inc.                         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     41215 | NS      | $8979512.05   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic, Inc.                                  | Hologic, Inc.                                  | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     23088 | NS      | $1730907.36   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies, Inc.                     | Agilent Technologies, Inc.                     | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     20467 | NS      | $3141684.50   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                   | Mondelez International, Inc., Class A          | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    223916 | NS      | $12890844.12  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                          | Freeport-McMoRan Inc.                          | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    215281 | NS      | $9252777.38   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                  | FactSet Research Systems Inc.                  | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      2379 | NS      | $659625.33    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy, Inc.                       | Diamondback Energy, Inc.                       | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     37744 | NS      | $5759356.96   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday, Inc.                                  | Workday, Inc., Class A                         | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     14770 | NS      | $3184707.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                              | FirstEnergy Corp.                              | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    121657 | NS      | $5805472.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J. Gallagher & Co.                      | Arthur J. Gallagher & Co.                      | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     15851 | NS      | $3925024.62   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, Inc.                                   | AMETEK, Inc.                                   | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     13977 | NS      | $2765908.53   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores, Inc.                              | Ross Stores, Inc.                              | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     54297 | NS      | $9575818.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Skydance Corp.                       | Paramount Skydance Corp.                       | CUSIP: 69932A204<br>LEI: 529900B6VAJG54Y9QF02 | Long             | EC               | CORP              | US        |    715682 | NS      | $11465225.64  | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| W.W. Grainger, Inc.                            | W.W. Grainger, Inc.                            | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      6607 | NS      | $6267598.41   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. PLC                                | Eaton Corp. PLC                                | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     27051 | NS      | $9356670.39   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials Inc.               | Solstice Advanced Materials Inc.               | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |     17705 | NS      | $844174.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co.                                 | DTE Energy Co.                                 | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     38306 | NS      | $5249071.18   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Qnity Electronics, Inc.                        | Qnity Electronics, Inc.                        | CUSIP: 74743L100<br>LEI: 254900RSUG4J9TFFZX53 | Long             | EC               | CORP              | US        |     30977 | NS      | $2511924.93   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                    | AbbVie Inc.                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    103431 | NS      | $23551238.70  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom, Inc.                                   | DexCom, Inc.                                   | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     21184 | NS      | $1344548.48   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Inc.           | Public Service Enterprise Group Inc.           | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     51307 | NS      | $4285160.64   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd.            | Norwegian Cruise Line Holdings Ltd.            | CUSIP: G66721104<br>LEI: 254900W8I5G9146RBD88 | Long             | EC               | CORP              | BM        |    140790 | NS      | $2598983.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| PTC Inc.                                       | PTC Inc.                                       | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      4550 | NS      | $798206.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                    | Zoetis Inc.                                    | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     23495 | NS      | $3011589.10   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv, Inc.                                   | Fiserv, Inc.                                   | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     59825 | NS      | $3677442.75   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                      | KLA Corp.                                      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      4880 | NS      | $5736293.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| J.B. Hunt Transport Services, Inc.             | J.B. Hunt Transport Services, Inc.             | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     32965 | NS      | $5734591.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                         | ON Semiconductor Corp.                         | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     49802 | NS      | $2502052.48   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc.                       | Illinois Tool Works Inc.                       | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     22513 | NS      | $5612040.64   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar, Inc.                              | First Solar, Inc.                              | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      8017 | NS      | $2187999.64   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellanova                                      | Kellanova                                      | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |     59885 | NS      | $5008781.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc.                                     | Jabil Inc.                                     | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     49809 | NS      | $10495254.39  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                              | T-Mobile US, Inc.                              | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    131315 | NS      | $27446148.15  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp.                        | Regions Financial Corp.                        | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    131466 | NS      | $3345809.70   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                               | Amazon.com, Inc.                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1093105 | NS      | $254933948.10 | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                    | AvalonBay Communities, Inc.                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      5871 | NS      | $1068169.74   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                             | Brown-Forman Corp., Class B                    | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     54177 | NS      | $1570049.46   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Ball Corp.                                     | Ball Corp.                                     | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     92582 | NS      | $4585586.46   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                     | Digital Realty Trust, Inc.                     | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     12429 | NS      | $1990131.48   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                      | Consolidated Edison, Inc.                      | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     62292 | NS      | $6251625.12   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.                    | Host Hotels & Resorts, Inc.                    | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    126253 | NS      | $2225840.39   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp.                                 | M&T Bank Corp.                                 | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     24944 | NS      | $4744847.68   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                   | Ventas, Inc.                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     28651 | NS      | $2310130.13   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp.                               | CMS Energy Corp.                               | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     42162 | NS      | $3180701.28   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals, Inc.               | Air Products and Chemicals, Inc.               | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     15683 | NS      | $4094047.15   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk, Inc.                                 | Autodesk, Inc.                                 | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      7613 | NS      | $2309327.42   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, Inc.                                      | BXP, Inc.                                      | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     17517 | NS      | $1267530.12   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                                 | McKesson Corp.                                 | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |    200867 | NS      | $176987931.04 | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                          | Camden Property Trust                          | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      5407 | NS      | $574980.38    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co., Inc.                          | McCormick & Co., Inc.                          | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     36845 | NS      | $2486300.60   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands, Inc.                           | Conagra Brands, Inc.                           | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    224598 | NS      | $4009074.30   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                                   | Equifax Inc.                                   | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |      8940 | NS      | $1898587.80   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp.                     | Cincinnati Financial Corp.                     | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     28657 | NS      | $4802626.63   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                             | Equity Residential                             | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     17260 | NS      | $1065805.00   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                     | Essex Property Trust, Inc.                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      2617 | NS      | $689893.54    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp.                                     | News Corp., Class A                            | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     58167 | NS      | $1493728.56   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                   | Stanley Black & Decker, Inc.                   | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     73775 | NS      | $5276388.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp.                                      | CDW Corp.                                      | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     48370 | NS      | $6975921.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro, Inc.                                   | Hasbro, Inc.                                   | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     20512 | NS      | $1694291.20   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc.                     | Huntington Bancshares Inc.                     | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    256202 | NS      | $4176092.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc.                                    | Intuit Inc.                                    | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     10913 | NS      | $6919715.04   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp.                                     | News Corp., Class B                            | CUSIP: 65249B208<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     53024 | NS      | $1560496.32   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Avery Dennison Corp.                           | Avery Dennison Corp.                           | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     19866 | NS      | $3424302.42   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp.                    | Pinnacle West Capital Corp.                    | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     22472 | NS      | $2041805.92   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife, Inc.                                  | MetLife, Inc.                                  | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    346087 | NS      | $26496420.72  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                        | Progressive Corp. (The)                        | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    125543 | NS      | $28722982.97  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                 | Public Storage                                 | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      6134 | NS      | $1684028.36   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                     | Simon Property Group, Inc.                     | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     12681 | NS      | $2362723.92   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys, Inc.                                 | Synopsys, Inc.                                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      5975 | NS      | $2497609.75   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co.                           | Vulcan Materials Co.                           | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      9724 | NS      | $2890361.76   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc.                               | Xcel Energy Inc.                               | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     72319 | NS      | $5938113.09   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                     | Constellation Brands, Inc., Class A            | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     26394 | NS      | $3599613.72   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                          | Regency Centers Corp.                          | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |      7794 | NS      | $554621.04    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp.                             | Kimco Realty Corp.                             | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     35632 | NS      | $736157.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                                  | Newmont Corp.                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     99106 | NS      | $8991887.38   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group, Inc.                | Principal Financial Group, Inc.                | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     70717 | NS      | $5998215.94   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                                   | Cintas Corp.                                   | CUSIP: 172908105<br>LEI: 549300E27V6N4OJCJ944 | Long             | EC               | CORP              | US        |     19245 | NS      | $3579954.90   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc.                                     | Aflac Inc.                                     | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     55603 | NS      | $6133566.93   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.                      | Rockwell Automation, Inc.                      | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      8927 | NS      | $3533842.22   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy, Inc.                       | CenterPoint Energy, Inc.                       | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     89025 | NS      | $3559219.50   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Trust Corp.                           | Northern Trust Corp.                           | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     43455 | NS      | $5707379.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                        | International Paper Co.                        | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    176713 | NS      | $6976629.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| VeriSign, Inc.                                 | VeriSign, Inc.                                 | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      2129 | NS      | $536486.71    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                   | NVIDIA Corp.                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    350065 | NS      | $61961505.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.               | Philip Morris International Inc.               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     88399 | NS      | $13921074.52  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc.                                      | Visa Inc., Class A                             | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     43181 | NS      | $14441453.64  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp.                                   | Incyte Corp.                                   | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     19999 | NS      | $2089095.54   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp.                                     | PG&E Corp.                                     | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    602951 | NS      | $9719570.12   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp.                                     | IDEX Corp.                                     | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |      7811 | NS      | $1358567.23   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                                   | NetApp, Inc.                                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     19987 | NS      | $2229749.72   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings, Inc.                          | Leidos Holdings, Inc.                          | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     35408 | NS      | $6766468.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange, Inc.                | Intercontinental Exchange, Inc.                | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     25356 | NS      | $3988498.80   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc.                      | Lennox International Inc.                      | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      3602 | NS      | $1796929.74   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion PLC                                   | Allegion PLC                                   | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |      8505 | NS      | $1412085.15   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line, Inc.                | Old Dominion Freight Line, Inc.                | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     14454 | NS      | $1955481.66   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                  | Netflix, Inc.                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    124830 | NS      | $13429211.40  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                        | Republic Services, Inc.                        | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     26830 | NS      | $5823719.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc.                       | Extra Space Storage Inc.                       | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |      8528 | NS      | $1135673.76   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                            | Realty Income Corp.                            | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     34560 | NS      | $1991001.60   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co.                      | Molson Coors Beverage Co., Class B             | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     86164 | NS      | $4007487.64   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co., Inc.                 | American Water Works Co., Inc.                 | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     13348 | NS      | $1736174.36   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree, Inc.                              | Dollar Tree, Inc.                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     83036 | NS      | $9201219.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Live Nation Entertainment, Inc.                | Live Nation Entertainment, Inc.                | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     52037 | NS      | $6840263.65   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| United Airlines Holdings, Inc.                 | United Airlines Holdings, Inc.                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |    202486 | NS      | $20645472.56  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza, Inc.                           | Domino's Pizza, Inc.                           | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      4005 | NS      | $1680618.15   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc.                            | Coterra Energy Inc.                            | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     99750 | NS      | $2677290.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group, Inc.                              | EMCOR Group, Inc.                              | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      9248 | NS      | $5688167.36   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| A.O. Smith Corp.                               | A.O. Smith Corp.                               | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     19613 | NS      | $1294065.74   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                    | Pentair PLC                                    | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |     14166 | NS      | $1490829.84   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.                | Regeneron Pharmaceuticals, Inc.                | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      9584 | NS      | $7477340.96   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc.                     | Teledyne Technologies Inc.                     | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      4092 | NS      | $2044035.84   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software, Inc.                          | Paycom Software, Inc.                          | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      3312 | NS      | $533795.04    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Tyler Technologies, Inc.                       | Tyler Technologies, Inc.                       | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      1570 | NS      | $737303.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                            | Synchrony Financial                            | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     97355 | NS      | $7531382.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                             | Tractor Supply Co.                             | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     97031 | NS      | $5315358.18   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| CF Industries Holdings, Inc.                   | CF Industries Holdings, Inc.                   | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     27782 | NS      | $2186443.40   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group, Inc.                 | Citizens Financial Group, Inc.                 | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     87357 | NS      | $4726013.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos., Inc. (The)                     | Travelers Cos., Inc. (The)                     | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     65914 | NS      | $19303574.04  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies, Inc.                    | Keysight Technologies, Inc.                    | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |     11565 | NS      | $2289291.75   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp.                               | Bio-Techne Corp.                               | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |      9024 | NS      | $582138.24    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Elevance Health, Inc.                          | Elevance Health, Inc.                          | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    231725 | NS      | $78383298.50  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial, Inc.                  | Raymond James Financial, Inc.                  | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     35362 | NS      | $5535567.48   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc.                              | Crown Castle Inc.                              | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     21627 | NS      | $1974112.56   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions, Inc.           | Broadridge Financial Solutions, Inc.           | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     10310 | NS      | $2351607.90   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc.                             | Iron Mountain Inc.                             | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     24776 | NS      | $2139407.60   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                                      | UDR, Inc.                                      | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     16657 | NS      | $606647.94    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                  | Equinix, Inc.                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      4309 | NS      | $3246012.79   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp.                                      | LKQ Corp.                                      | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |    163889 | NS      | $4865864.41   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Medtronic PLC                                  | Medtronic PLC                                  | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    139240 | NS      | $14666149.20  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries, Inc.                        | Mohawk Industries, Inc.                        | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |     29620 | NS      | $3432958.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | Eversource Energy                              | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     75947 | NS      | $5102119.46   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group, Inc.                | Interactive Brokers Group, Inc., Class A       | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     58419 | NS      | $3798403.38   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp.                                     | Pool Corp.                                     | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      6164 | NS      | $1501550.40   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                      | NVR, Inc.                                      | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       482 | NS      | $3618513.78   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                        | Berkshire Hathaway Inc., Class B               | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    283831 | NS      | $145835206.11 | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc.                                   | GoDaddy Inc., Class A                          | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     12282 | NS      | $1570376.52   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp.                               | Fair Isaac Corp.                               | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       530 | NS      | $957089.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp. (The)            | Bank of New York Mellon Corp. (The)            | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    145748 | NS      | $16338350.80  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner, Inc.                                  | Gartner, Inc.                                  | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |     10330 | NS      | $2404204.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                          | Quanta Services, Inc.                          | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     25098 | NS      | $11667558.24  | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| CME Group Inc.                                 | CME Group Inc., Class A                        | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      9305 | NS      | $2618985.30   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc.                                | Mastercard Inc., Class A                       | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     19615 | NS      | $10798645.95  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                       | Lululemon Athletica Inc.                       | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     24910 | NS      | $4587923.80   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp.                         | Monster Beverage Corp.                         | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     45631 | NS      | $3421868.69   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive, Inc.                      | O'Reilly Automotive, Inc.                      | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     60988 | NS      | $6202479.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc.                          | WEC Energy Group Inc.                          | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     31874 | NS      | $3572119.18   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co. (The)                          | Kraft Heinz Co. (The)                          | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    357502 | NS      | $9119876.02   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings, Inc.                          | PayPal Holdings, Inc.                          | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    184926 | NS      | $11593010.94  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington, Inc.   | Expeditors International of Washington, Inc.   | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     34786 | NS      | $5110063.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty, Inc.                              | Ulta Beauty, Inc.                              | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      8538 | NS      | $4600530.54   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc.                                 | Welltower Inc.                                 | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     20635 | NS      | $4296619.70   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | Alphabet Inc., Class A                         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    291532 | NS      | $93342715.76  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                  | Alphabet Inc., Class C                         | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    291087 | NS      | $93182770.44  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Invesco Exchange-Traded Fund Trust II

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President