# EDGAR Filing Document

**Accession Number:** 0001209466
**File Stem:** 0001209466-26-000435
**Filing Date:** 2026-3
**Character Count:** 233769
**Document Hash:** 04e16c05291442e23904da31c8580213
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209466-26-000435.hdr.sgml**: 20260330

**ACCESSION NUMBER**: 0001209466-26-000435

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260330

**DATE AS OF CHANGE**: 20260330

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESCO EXCHANGE-TRADED FUND TRUST
- **CENTRAL INDEX KEY:** 0001209466

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21265
- **FILM NUMBER:** 26811059

**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
- **DATE OF NAME CHANGE:** 20021210

## Series and Classes Contracts Data

### Invesco MSCI Sustainable Future ETF (Series ID: S000013122)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000035338 | Invesco MSCI Sustainable Future ETF | ERTH            |

## Nport-Ex

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

**Invesco Aerospace & Defense ETF (PPA)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-100.06%** | **Common Stocks & Other Equity Interests-100.06%** | **Common Stocks & Other Equity Interests-100.06%** |
| **Aerospace & Defense-78.48%** | **Aerospace & Defense-78.48%** | **Aerospace & Defense-78.48%** |
| AAR Corp.<sup>(b)(c)</sup> | 257954 | &nbsp;&nbsp; $27319908 |
| AeroVironment, Inc.<sup>(b)(c)</sup> | 325348 | &nbsp;&nbsp; 90573630 |
| AIRO Group Holdings, Inc.<sup>(b)(c)</sup> | 204046 | &nbsp;&nbsp; 2099633 |
| Axon Enterprise, Inc.<sup>(b)</sup> | 237731 | &nbsp;&nbsp; 114961957 |
| Boeing Co. (The)<sup>(b)</sup> | 2910553 | &nbsp;&nbsp; 680254447 |
| BWX Technologies, Inc.<sup>(c)</sup> | 424494 | &nbsp;&nbsp; 87203802 |
| Cadre Holdings, Inc. | 211942 | &nbsp;&nbsp; 8479799 |
| CAE, Inc. (Canada)<sup>(b)</sup> | 2095282 | &nbsp;&nbsp; 67132835 |
| Curtiss-Wright Corp. | 165826 | &nbsp;&nbsp; 108896276 |
| Ducommun, Inc.<sup>(b)(c)</sup> | 93567 | &nbsp;&nbsp; 10605820 |
| Elbit Systems Ltd. (Israel)<sup>(c)</sup> | 302644 | &nbsp;&nbsp; 212628595 |
| Firefly Aerospace, Inc.<sup>(b)(c)</sup> | 518844 | &nbsp;&nbsp; 13074869 |
| General Dynamics Corp. | 1106863 | &nbsp;&nbsp; 388608531 |
| General Electric Co. | 2005306 | &nbsp;&nbsp; 615207828 |
| HEICO Corp.<sup>(c)</sup> | 323783 | &nbsp;&nbsp; 107143033 |
| Hexcel Corp.<sup>(c)</sup> | 482525 | &nbsp;&nbsp; 39957895 |
| Howmet Aerospace, Inc. | 1374805 | &nbsp;&nbsp; 286069424 |
| Huntington Ingalls Industries, Inc. | 244273 | &nbsp;&nbsp; 102719239 |
| Karman Holdings, Inc.<sup>(b)(c)</sup> | 618974 | &nbsp;&nbsp; 64249501 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, <br> Inc.<sup>(b)</sup><br>| 1100178 | &nbsp;&nbsp; 113329336 |
| L3Harris Technologies, Inc.<sup>(c)</sup> | 969774 | &nbsp;&nbsp; 332487016 |
| Leonardo DRS, Inc.<sup>(c)</sup> | 1594711 | &nbsp;&nbsp; 65478834 |
| Loar Holdings, Inc.<sup>(b)(c)</sup> | 320378 | &nbsp;&nbsp; 21971523 |
| Lockheed Martin Corp. | 1118188 | &nbsp;&nbsp; 709177193 |
| Mercury Systems, Inc.<sup>(b)(c)</sup> | 391643 | &nbsp;&nbsp; 36767445 |
| Moog, Inc., Class A | 139411 | &nbsp;&nbsp; 42569149 |
| Northrop Grumman Corp. | 689649 | &nbsp;&nbsp; 477416417 |
| Redwire Corp.<sup>(b)(c)</sup> | 1076070 | &nbsp;&nbsp; 12643823 |
| Rocket Lab Corp.<sup>(b)(c)</sup> | 1740287 | &nbsp;&nbsp; 139344780 |
| RTX Corp. | 3398982 | &nbsp;&nbsp; 682957453 |
| StandardAero, Inc.<sup>(b)(c)</sup> | 2113997 | &nbsp;&nbsp; 65301367 |
| Textron, Inc. | 895810 | &nbsp;&nbsp; 78885029 |
| TransDigm Group, Inc. | 155709 | &nbsp;&nbsp; 222280826 |
| V2X, Inc.<sup>(b)(c)</sup> | 184922 | &nbsp;&nbsp; 12728181 |
| Voyager Technologies, Inc., Class A<sup>(b)(c)</sup> | 254172 | &nbsp;&nbsp; 7759871 |
| Woodward, Inc.<sup>(c)</sup> | 259175 | &nbsp;&nbsp; 82376182 |
|  |  | &nbsp;&nbsp; 6130661447 |
| **Communications Equipment-0.44%** | **Communications Equipment-0.44%** | **Communications Equipment-0.44%** |
| Viasat, Inc.<sup>(b)</sup> | 761685 | &nbsp;&nbsp; 34405311 |
| **Diversified Telecommunication Services-0.06%** | **Diversified Telecommunication Services-0.06%** | **Diversified Telecommunication Services-0.06%** |
| Iridium Communications, Inc.<sup>(c)</sup> | 250407 | &nbsp;&nbsp; 4988107 |
| **Electrical Equipment-1.71%** | **Electrical Equipment-1.71%** | **Electrical Equipment-1.71%** |
| Eaton Corp. PLC | 379638 | &nbsp;&nbsp; 133412386 |
| **Electronic Equipment, Instruments & Components-4.61%** | **Electronic Equipment, Instruments & Components-4.61%** | **Electronic Equipment, Instruments & Components-4.61%** |
| Amphenol Corp., Class A | 1355984 | &nbsp;&nbsp; 195370175 |
| Keysight Technologies, Inc.<sup>(b)</sup> | 206096 | &nbsp;&nbsp; 44584748 |
| nLight, Inc.<sup>(b)</sup> | 224996 | &nbsp;&nbsp; 10262067 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Electronic Equipment, Instruments & Components-(continued)** | **Electronic Equipment, Instruments & Components-(continued)** | **Electronic Equipment, Instruments & Components-(continued)** |
| OSI Systems, Inc.<sup>(b)(c)</sup> | 81878 | &nbsp;&nbsp; $20480963 |
| Teledyne Technologies, Inc.<sup>(b)</sup> | 94819 | &nbsp;&nbsp; 58816226 |
| TTM Technologies, Inc.<sup>(b)(c)</sup> | 309740 | &nbsp;&nbsp; 30416468 |
|  |  | &nbsp;&nbsp; 359930647 |
| **Industrial Conglomerates-4.25%** | **Industrial Conglomerates-4.25%** | **Industrial Conglomerates-4.25%** |
| Honeywell International, Inc. | 1460417 | &nbsp;&nbsp; 332274076 |
| **Machinery-3.44%** | **Machinery-3.44%** | **Machinery-3.44%** |
| Oshkosh Corp.<sup>(c)</sup> | 142115 | &nbsp;&nbsp; 20438979 |
| Parker-Hannifin Corp. | 265385 | &nbsp;&nbsp; 248357899 |
|  |  | &nbsp;&nbsp; 268796878 |
| **Metals & Mining-0.96%** | **Metals & Mining-0.96%** | **Metals & Mining-0.96%** |
| ATI, Inc.<sup>(b)</sup> | 623565 | &nbsp;&nbsp; 75014869 |
| **Professional Services-4.98%** | **Professional Services-4.98%** | **Professional Services-4.98%** |
| Amentum Holdings, Inc.<sup>(b)(c)</sup> | 1021338 | &nbsp;&nbsp; 36543474 |
| BlackSky Technology, Inc.<sup>(b)(c)</sup> | 234594 | &nbsp;&nbsp; 5177490 |
| Booz Allen Hamilton Holding Corp.<sup>(c)</sup> | 552441 | &nbsp;&nbsp; 48846833 |
| CACI International, Inc., Class A<sup>(b)(c)</sup> | 122962 | &nbsp;&nbsp; 76307758 |
| KBR, Inc. | 599903 | &nbsp;&nbsp; 25681847 |
| Leidos Holdings, Inc. | 554345 | &nbsp;&nbsp; 104372077 |
| Parsons Corp.<sup>(b)(c)</sup> | 298401 | &nbsp;&nbsp; 20905974 |
| Planet Labs PBC<sup>(b)(c)</sup> | 1906069 | &nbsp;&nbsp; 47594543 |
| Science Applications International Corp. | 228590 | &nbsp;&nbsp; 23261318 |
|  |  | &nbsp;&nbsp; 388691314 |
| **Software-1.13%** | **Software-1.13%** | **Software-1.13%** |
| C3.ai, Inc., Class A<sup>(b)(c)</sup> | 217370 | &nbsp;&nbsp; 2393244 |
| Palantir Technologies, Inc., Class A<sup>(b)</sup> | 583819 | &nbsp;&nbsp; 85582027 |
|  |  | &nbsp;&nbsp; 87975271 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.06% <br>(Cost $5,204,314,609) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.06% <br>(Cost $5,204,314,609) | &nbsp;&nbsp; 7816150306 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-5.22%** | **Money Market Funds-5.22%** | **Money Market Funds-5.22%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 114134462 | &nbsp;&nbsp; 114134462 |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup> | 293556418 | &nbsp;&nbsp; 293644485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $407,778,947) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $407,778,947) | &nbsp;&nbsp; 407778947 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.28% <br>(Cost $5,612,093,556) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.28% <br>(Cost $5,612,093,556) | &nbsp;&nbsp; 8223929253 |
| OTHER ASSETS LESS LIABILITIES-(5.28)% | OTHER ASSETS LESS LIABILITIES-(5.28)% | &nbsp;&nbsp; (412330122)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $7811599131 |

---

&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 January 31, 2026. |
| <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 nine months ended January 31, 2026.<br>|

---

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

------

**Invesco Aerospace & Defense ETF (PPA)—(continued)**

January 31, 2026

*(Unaudited)*

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<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; $2020998 | &nbsp;&nbsp;&nbsp; $51707557 | &nbsp;&nbsp;&nbsp; $(53728555)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $114991 |
| **Investments** <br> **Purchased with Cash** <br> **Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 96657557 | &nbsp;&nbsp;&nbsp; 820491380 | &nbsp;&nbsp;&nbsp; (803014475)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 114134462 | &nbsp;&nbsp;&nbsp; 2,804,849<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime <br> Fund<br>| &nbsp;&nbsp;&nbsp; 246374175 | &nbsp;&nbsp;&nbsp; 1313257653 | &nbsp;&nbsp;&nbsp; (1266001850)<br>| &nbsp;&nbsp;&nbsp; 17717 | &nbsp;&nbsp;&nbsp; (3210)<br>| &nbsp;&nbsp;&nbsp; 293644485 | &nbsp;&nbsp;&nbsp; 7,544,679<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $345052730 | &nbsp;&nbsp;&nbsp; $2185456590 | &nbsp;&nbsp;&nbsp; $(2122744880)<br>| &nbsp;&nbsp;&nbsp; $17717 | &nbsp;&nbsp;&nbsp; $(3210)<br>| &nbsp;&nbsp;&nbsp; $407778947 | &nbsp;&nbsp;&nbsp; $10464519 |

---

&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 January 31, 2026. <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 Bloomberg Analyst Rating Improvers ETF (UPGD)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** |
| **Communication Services-1.96%** | **Communication Services-1.96%** | **Communication Services-1.96%** |
| Charter Communications, Inc., Class A<sup>(b)</sup> | 10243 | &nbsp;&nbsp; $2111287 |
| **Consumer Discretionary-10.02%** | **Consumer Discretionary-10.02%** | **Consumer Discretionary-10.02%** |
| Airbnb, Inc., Class A<sup>(b)</sup> | 17376 | &nbsp;&nbsp; 2247933 |
| Marriott International, Inc., Class A | 6992 | &nbsp;&nbsp; 2204578 |
| Tractor Supply Co. | 37848 | &nbsp;&nbsp; 1925706 |
| Williams-Sonoma, Inc. | 11388 | &nbsp;&nbsp; 2330554 |
| Yum! Brands, Inc. | 13407 | &nbsp;&nbsp; 2084789 |
|  |  | &nbsp;&nbsp; 10793560 |
| **Consumer Staples-20.90%** | **Consumer Staples-20.90%** | **Consumer Staples-20.90%** |
| Archer-Daniels-Midland Co. | 34158 | &nbsp;&nbsp; 2299175 |
| Clorox Co. (The) | 20210 | &nbsp;&nbsp; 2279486 |
| Colgate-Palmolive Co. | 25341 | &nbsp;&nbsp; 2288039 |
| Dollar General Corp. | 19955 | &nbsp;&nbsp; 2862145 |
| Estee Lauder Cos., Inc. (The), Class A | 23147 | &nbsp;&nbsp; 2668386 |
| Hershey Co. (The) | 10900 | &nbsp;&nbsp; 2122775 |
| Hormel Foods Corp. | 89612 | &nbsp;&nbsp; 2205351 |
| J.M. Smucker Co. (The) | 18995 | &nbsp;&nbsp; 1991816 |
| Kimberly-Clark Corp. | 19425 | &nbsp;&nbsp; 1942306 |
| McCormick & Co., Inc. | 29795 | &nbsp;&nbsp; 1842225 |
|  |  | &nbsp;&nbsp; 22501704 |
| **Financials-3.76%** | **Financials-3.76%** | **Financials-3.76%** |
| FactSet Research Systems, Inc. | 7453 | &nbsp;&nbsp; 1895745 |
| Jack Henry & Associates, Inc. | 11998 | &nbsp;&nbsp; 2150162 |
|  |  | &nbsp;&nbsp; 4045907 |
| **Health Care-9.54%** | **Health Care-9.54%** | **Health Care-9.54%** |
| Bristol-Myers Squibb Co. | 43427 | &nbsp;&nbsp; 2390657 |
| Medtronic PLC | 19822 | &nbsp;&nbsp; 2040873 |
| Mettler-Toledo International, Inc.<sup>(b)</sup> | 1416 | &nbsp;&nbsp; 1944508 |
| Waters Corp.<sup>(b)</sup> | 5281 | &nbsp;&nbsp; 1957772 |
| Zimmer Biomet Holdings, Inc. | 22230 | &nbsp;&nbsp; 1935566 |
|  |  | &nbsp;&nbsp; 10269376 |
| **Industrials-37.42%** | **Industrials-37.42%** | **Industrials-37.42%** |
| Allegion PLC | 12376 | &nbsp;&nbsp; 2046867 |
| C.H. Robinson Worldwide, Inc. | 13139 | &nbsp;&nbsp; 2561448 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Caterpillar, Inc. | 3593 | &nbsp;&nbsp; $2361894 |
| Cintas Corp. | 10838 | &nbsp;&nbsp; 2074285 |
| Cummins, Inc. | 4201 | &nbsp;&nbsp; 2431623 |
| Deere & Co. | 4185 | &nbsp;&nbsp; 2209680 |
| Expeditors International of Washington, Inc. | 14294 | &nbsp;&nbsp; 2294759 |
| Graco, Inc. | 25061 | &nbsp;&nbsp; 2188577 |
| Lennox International, Inc. | 4450 | &nbsp;&nbsp; 2203106 |
| Northrop Grumman Corp. | 3518 | &nbsp;&nbsp; 2435371 |
| Old Dominion Freight Line, Inc. | 15595 | &nbsp;&nbsp; 2701054 |
| Otis Worldwide Corp. | 22973 | &nbsp;&nbsp; 1962354 |
| PACCAR, Inc. | 20609 | &nbsp;&nbsp; 2533052 |
| Paycom Software, Inc. | 12354 | &nbsp;&nbsp; 1664701 |
| Rockwell Automation, Inc. | 5336 | &nbsp;&nbsp; 2249924 |
| Rollins, Inc. | 33511 | &nbsp;&nbsp; 2122587 |
| Snap-on, Inc. | 6021 | &nbsp;&nbsp; 2204348 |
| Trane Technologies PLC | 4885 | &nbsp;&nbsp; 2054533 |
|  |  | &nbsp;&nbsp; 40300163 |
| **Information Technology-9.01%** | **Information Technology-9.01%** | **Information Technology-9.01%** |
| Cognizant Technology Solutions Corp., Class A | 27508 | &nbsp;&nbsp; 2257306 |
| DocuSign, Inc.<sup>(b)</sup> | 30579 | &nbsp;&nbsp; 1606621 |
| NetApp, Inc. | 18721 | &nbsp;&nbsp; 1803768 |
| Palantir Technologies, Inc., Class A<sup>(b)</sup> | 12023 | &nbsp;&nbsp; 1762452 |
| Zoom Communications, Inc., Class A<sup>(b)</sup> | 24642 | &nbsp;&nbsp; 2269528 |
|  |  | &nbsp;&nbsp; 9699675 |
| **Utilities-7.33%** | **Utilities-7.33%** | **Utilities-7.33%** |
| Alliant Energy Corp. | 29582 | &nbsp;&nbsp; 1949750 |
| American Electric Power Co., Inc. | 16338 | &nbsp;&nbsp; 1956884 |
| CenterPoint Energy, Inc. | 50202 | &nbsp;&nbsp; 1992517 |
| WEC Energy Group, Inc. | 18051 | &nbsp;&nbsp; 1997704 |
|  |  | &nbsp;&nbsp; 7896855 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-99.94% <br>(Cost $101,248,806) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-99.94% <br>(Cost $101,248,806) | &nbsp;&nbsp; 107618527 |
| OTHER ASSETS LESS LIABILITIES-0.06% | OTHER ASSETS LESS LIABILITIES-0.06% | &nbsp;&nbsp; 66094 |
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $107684621 |

---

&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. |
| 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 nine months ended January 31, 2026. | 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 nine months ended January 31, 2026. |

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $99437 | &nbsp;&nbsp;&nbsp; $2904899 | &nbsp;&nbsp;&nbsp; $(3004336)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1914 |

---

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

------

**Invesco Bloomberg Analyst Rating Improvers ETF (UPGD)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **April 30, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br>| **Realized**<br> **Gain**<br>| **Value**<br> **January 31, 2026**<br>| **Dividend Income** |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; $2821775 | &nbsp;&nbsp;&nbsp; $36820677 | &nbsp;&nbsp;&nbsp; $(39642452)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $52,181<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 5059744 | &nbsp;&nbsp;&nbsp; 94847058 | &nbsp;&nbsp;&nbsp; (99906986)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 184 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 140,482<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $7980956 | &nbsp;&nbsp;&nbsp; $134572634 | &nbsp;&nbsp;&nbsp; $(142553774)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $184 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $194577 |

---

&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.

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 Dorsey Wright Momentum ETF (PDP)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-100.02%** | **Common Stocks & Other Equity Interests-100.02%** | **Common Stocks & Other Equity Interests-100.02%** |
| **Communication Services-1.95%** | **Communication Services-1.95%** | **Communication Services-1.95%** |
| Alphabet, Inc., Class A | 57007 | &nbsp;&nbsp; $19268366 |
| Reddit, Inc., Class A<sup>(b)</sup> | 38066 | &nbsp;&nbsp; 6862158 |
|  |  | &nbsp;&nbsp; 26130524 |
| **Consumer Discretionary-7.70%** | **Consumer Discretionary-7.70%** | **Consumer Discretionary-7.70%** |
| Carvana Co.<sup>(b)</sup> | 64706 | &nbsp;&nbsp; 25954224 |
| Expedia Group, Inc. | 29464 | &nbsp;&nbsp; 7803246 |
| General Motors Co. | 97590 | &nbsp;&nbsp; 8197560 |
| Hilton Worldwide Holdings, Inc. | 27770 | &nbsp;&nbsp; 8289623 |
| Las Vegas Sands Corp. | 112208 | &nbsp;&nbsp; 5916728 |
| Ralph Lauren Corp. | 29029 | &nbsp;&nbsp; 10259139 |
| Rivian Automotive, Inc., Class A<sup>(b)(c)</sup> | 367424 | &nbsp;&nbsp; 5419504 |
| Tapestry, Inc. | 101063 | &nbsp;&nbsp; 12825905 |
| Tesla, Inc.<sup>(b)</sup> | 21220 | &nbsp;&nbsp; 9133300 |
| Williams-Sonoma, Inc. | 45704 | &nbsp;&nbsp; 9353323 |
|  |  | &nbsp;&nbsp; 103152552 |
| **Consumer Staples-3.54%** | **Consumer Staples-3.54%** | **Consumer Staples-3.54%** |
| Casey's General Stores, Inc. | 17540 | &nbsp;&nbsp; 10638010 |
| Dollar General Corp. | 54966 | &nbsp;&nbsp; 7883773 |
| Dollar Tree, Inc.<sup>(b)</sup> | 61360 | &nbsp;&nbsp; 7215323 |
| Performance Food Group Co.<sup>(b)</sup> | 141365 | &nbsp;&nbsp; 13493289 |
| Walmart, Inc. | 69371 | &nbsp;&nbsp; 8264861 |
|  |  | &nbsp;&nbsp; 47495256 |
| **Financials-6.87%** | **Financials-6.87%** | **Financials-6.87%** |
| American Express Co. | 21663 | &nbsp;&nbsp; 7629059 |
| Bank of New York Mellon Corp. (The) | 66494 | &nbsp;&nbsp; 7973960 |
| Capital One Financial Corp. | 31237 | &nbsp;&nbsp; 6838716 |
| Goldman Sachs Group, Inc. (The) | 10691 | &nbsp;&nbsp; 10000468 |
| Interactive Brokers Group, Inc., Class A | 178361 | &nbsp;&nbsp; 13355672 |
| Invesco Ltd.<sup>(d)</sup> | 282598 | &nbsp;&nbsp; 7712099 |
| JPMorgan Chase & Co. | 24222 | &nbsp;&nbsp; 7409268 |
| Popular, Inc. | 61984 | &nbsp;&nbsp; 8276724 |
| Raymond James Financial, Inc. | 46149 | &nbsp;&nbsp; 7654273 |
| Stifel Financial Corp. | 65967 | &nbsp;&nbsp; 8133731 |
| Synchrony Financial | 97995 | &nbsp;&nbsp; 7117377 |
|  |  | &nbsp;&nbsp; 92101347 |
| **Health Care-13.14%** | **Health Care-13.14%** | **Health Care-13.14%** |
| BridgeBio Pharma, Inc.<sup>(b)(c)</sup> | 176002 | &nbsp;&nbsp; 13599675 |
| Cardinal Health, Inc. | 57548 | &nbsp;&nbsp; 12365914 |
| Cencora, Inc. | 24494 | &nbsp;&nbsp; 8798735 |
| Ensign Group, Inc. (The)<sup>(c)</sup> | 80418 | &nbsp;&nbsp; 13804554 |
| Exelixis, Inc.<sup>(b)</sup> | 170901 | &nbsp;&nbsp; 7068465 |
| Insmed, Inc.<sup>(b)</sup> | 117077 | &nbsp;&nbsp; 18365869 |
| Intuitive Surgical, Inc.<sup>(b)</sup> | 27415 | &nbsp;&nbsp; 13823191 |
| McKesson Corp. | 16716 | &nbsp;&nbsp; 13894506 |
| Medpace Holdings, Inc.<sup>(b)</sup> | 46072 | &nbsp;&nbsp; 26836019 |
| Natera, Inc.<sup>(b)</sup> | 64724 | &nbsp;&nbsp; 14960305 |
| Roivant Sciences Ltd.<sup>(b)</sup> | 365985 | &nbsp;&nbsp; 7912596 |
| Tenet Healthcare Corp.<sup>(b)</sup> | 92194 | &nbsp;&nbsp; 17450480 |
| United Therapeutics Corp.<sup>(b)</sup> | 15222 | &nbsp;&nbsp; 7146577 |
|  |  | &nbsp;&nbsp; 176026886 |
| **Industrials-28.62%** | **Industrials-28.62%** | **Industrials-28.62%** |
| API Group Corp.<sup>(b)</sup> | 421948 | &nbsp;&nbsp; 17540378 |
| Armstrong World Industries, Inc. | 41985 | &nbsp;&nbsp; 7714324 |
| ATI, Inc.<sup>(b)</sup> | 197249 | &nbsp;&nbsp; 23729055 |
| C.H. Robinson Worldwide, Inc. | 47473 | &nbsp;&nbsp; 9254861 |
| Carpenter Technology Corp. | 73952 | &nbsp;&nbsp; 23504164 |
| Caterpillar, Inc. | 18865 | &nbsp;&nbsp; 12401096 |
| Comfort Systems USA, Inc. | 35734 | &nbsp;&nbsp; 40811802 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Cummins, Inc. | 14864 | &nbsp;&nbsp; $8603581 |
| Curtiss-Wright Corp. | 25299 | &nbsp;&nbsp; 16613600 |
| Dycom Industries, Inc.<sup>(b)</sup> | 31049 | &nbsp;&nbsp; 11313945 |
| Ferguson Enterprises, Inc. | 33208 | &nbsp;&nbsp; 8383692 |
| FTAI Aviation Ltd. | 45487 | &nbsp;&nbsp; 12387020 |
| GE Vernova, Inc. | 24017 | &nbsp;&nbsp; 17445228 |
| General Electric Co. | 45167 | &nbsp;&nbsp; 13856784 |
| HEICO Corp.<sup>(c)</sup> | 23852 | &nbsp;&nbsp; 7892865 |
| Howmet Aerospace, Inc. | 116152 | &nbsp;&nbsp; 24168908 |
| Leidos Holdings, Inc. | 49480 | &nbsp;&nbsp; 9316094 |
| MasTec, Inc.<sup>(b)</sup> | 55696 | &nbsp;&nbsp; 13393774 |
| Mueller Industries, Inc. | 143430 | &nbsp;&nbsp; 19526560 |
| Parker-Hannifin Corp. | 14182 | &nbsp;&nbsp; 13272083 |
| Quanta Services, Inc. | 50331 | &nbsp;&nbsp; 23888603 |
| RBC Bearings, Inc.<sup>(b)</sup> | 17904 | &nbsp;&nbsp; 8946092 |
| SPX Technologies, Inc.<sup>(b)</sup> | 58625 | &nbsp;&nbsp; 12218036 |
| United Airlines Holdings, Inc.<sup>(b)</sup> | 81005 | &nbsp;&nbsp; 8288432 |
| Wabtec Corp. | 36851 | &nbsp;&nbsp; 8480889 |
| Woodward, Inc. | 32894 | &nbsp;&nbsp; 10455029 |
|  |  | &nbsp;&nbsp; 383406895 |
| **Information Technology-33.24%** | **Information Technology-33.24%** | **Information Technology-33.24%** |
| Amphenol Corp., Class A | 258715 | &nbsp;&nbsp; 37275657 |
| Apple, Inc. | 144737 | &nbsp;&nbsp; 37556357 |
| Applied Materials, Inc. | 68620 | &nbsp;&nbsp; 22117598 |
| AppLovin Corp., Class A<sup>(b)</sup> | 52679 | &nbsp;&nbsp; 24922962 |
| Broadcom, Inc. | 107122 | &nbsp;&nbsp; 35489519 |
| Ciena Corp.<sup>(b)</sup> | 67105 | &nbsp;&nbsp; 16897710 |
| Coherent Corp.<sup>(b)</sup> | 59503 | &nbsp;&nbsp; 12625347 |
| Corning, Inc. | 97732 | &nbsp;&nbsp; 10090829 |
| CrowdStrike Holdings, Inc., Class A<sup>(b)</sup> | 23386 | &nbsp;&nbsp; 10322697 |
| First Solar, Inc.<sup>(b)</sup> | 29093 | &nbsp;&nbsp; 6561053 |
| Intel Corp.<sup>(b)</sup> | 205992 | &nbsp;&nbsp; 9572448 |
| International Business Machines Corp. | 25665 | &nbsp;&nbsp; 7871455 |
| IonQ, Inc.<sup>(b)(c)</sup> | 184807 | &nbsp;&nbsp; 7388584 |
| Jabil, Inc. | 69922 | &nbsp;&nbsp; 16584799 |
| KLA Corp. | 18783 | &nbsp;&nbsp; 26820997 |
| Lam Research Corp. | 76943 | &nbsp;&nbsp; 17963113 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, <br> Inc.<sup>(b)</sup><br>| 112612 | &nbsp;&nbsp; 24668785 |
| Micron Technology, Inc. | 51731 | &nbsp;&nbsp; 21462157 |
| Microsoft Corp. | 31654 | &nbsp;&nbsp; 13620400 |
| MongoDB, Inc.<sup>(b)</sup> | 21925 | &nbsp;&nbsp; 8141410 |
| Pegasystems, Inc. | 141471 | &nbsp;&nbsp; 6180868 |
| Rambus, Inc.<sup>(b)</sup> | 91281 | &nbsp;&nbsp; 10390516 |
| Rubrik, Inc., Class A<sup>(b)(c)</sup> | 119404 | &nbsp;&nbsp; 6680654 |
| Seagate Technology Holdings PLC | 48902 | &nbsp;&nbsp; 19936856 |
| Teradyne, Inc. | 46351 | &nbsp;&nbsp; 11172909 |
| Western Digital Corp. | 91974 | &nbsp;&nbsp; 23014654 |
|  |  | &nbsp;&nbsp; 445330334 |
| **Materials-3.08%** | **Materials-3.08%** | **Materials-3.08%** |
| Albemarle Corp. | 66304 | &nbsp;&nbsp; 11313452 |
| CRH PLC | 79783 | &nbsp;&nbsp; 9766237 |
| Newmont Corp. | 102303 | &nbsp;&nbsp; 11493742 |
| Royal Gold, Inc. | 33204 | &nbsp;&nbsp; 8742945 |
|  |  | &nbsp;&nbsp; 41316376 |
| **Real Estate-1.88%** | **Real Estate-1.88%** | **Real Estate-1.88%** |
| CBRE Group, Inc., Class A<sup>(b)</sup> | 49498 | &nbsp;&nbsp; 8430994 |

---

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

------

**Invesco Dorsey Wright Momentum ETF (PDP)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate-(continued)** | **Real Estate-(continued)** | **Real Estate-(continued)** |
| Jones Lang LaSalle, Inc.<sup>(b)</sup> | 22713 | &nbsp;&nbsp; $8129210 |
| Welltower, Inc. | 45489 | &nbsp;&nbsp; 8568308 |
|  |  | &nbsp;&nbsp; 25128512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $1,113,988,713) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $1,113,988,713) | &nbsp;&nbsp; 1340088682 |
| **Money Market Funds-0.06%** | **Money Market Funds-0.06%** | **Money Market Funds-0.06%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(d)(e)</sup> <br>(Cost $847,791)<br>| 847791 | &nbsp;&nbsp; 847791 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.08% <br>(Cost $1,114,836,504) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.08% <br>(Cost $1,114,836,504) | &nbsp;&nbsp; 1340936473 |

---

---

| | | |
|:---|:---|:---|
|  | **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-1.60%** | **Money Market Funds-1.60%** | **Money Market Funds-1.60%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 5638185 | &nbsp;&nbsp; $5638185 |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup> | 15782900 | &nbsp;&nbsp; 15787635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $21,425,820) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $21,425,820) | &nbsp;&nbsp; 21425820 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.68% <br>(Cost $1,136,262,324) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.68% <br>(Cost $1,136,262,324) | &nbsp;&nbsp; 1362362293 |
| OTHER ASSETS LESS LIABILITIES-(1.68)% | OTHER ASSETS LESS LIABILITIES-(1.68)% | &nbsp;&nbsp; (22574177)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $1339788116 |

---

&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 January 31, 2026. |
| <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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| &nbsp;&nbsp; Invesco Ltd. | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $7494936 | &nbsp;&nbsp;&nbsp; $(73159)<br>| &nbsp;&nbsp;&nbsp; $284963 | &nbsp;&nbsp;&nbsp; $5359 | &nbsp;&nbsp;&nbsp; $7712099 | &nbsp;&nbsp;&nbsp; $- |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; 688015 | &nbsp;&nbsp;&nbsp; 9683852 | &nbsp;&nbsp;&nbsp; (9524076)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 847791 | &nbsp;&nbsp;&nbsp; 29731 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 9934378 | &nbsp;&nbsp;&nbsp; 230756095 | &nbsp;&nbsp;&nbsp; (235052288)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 5638185 | &nbsp;&nbsp;&nbsp; 598,401<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 25842465 | &nbsp;&nbsp;&nbsp; 511642415 | &nbsp;&nbsp;&nbsp; (521701189)<br>| &nbsp;&nbsp;&nbsp; 340 | &nbsp;&nbsp;&nbsp; 3604 | &nbsp;&nbsp;&nbsp; 15787635 | &nbsp;&nbsp;&nbsp; 1,632,361<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $36464858 | &nbsp;&nbsp;&nbsp; $759577298 | &nbsp;&nbsp;&nbsp; $(766350712)<br>| &nbsp;&nbsp;&nbsp; $285303 | &nbsp;&nbsp;&nbsp; $8963 | &nbsp;&nbsp;&nbsp; $29985710 | &nbsp;&nbsp;&nbsp; $2260493 |

---

&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 January 31, 2026. <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 Global Listed Private Equity ETF (PSP)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-90.96%** | **Common Stocks & Other Equity Interests-90.96%** | **Common Stocks & Other Equity Interests-90.96%** |
| **Capital Markets-69.20%** | **Capital Markets-69.20%** | **Capital Markets-69.20%** |
| 3i Group PLC (United Kingdom) | 377418 | &nbsp;&nbsp; $17387684 |
| Alaris Equity Partners Income (Canada) | 112221 | &nbsp;&nbsp; 1789205 |
| Ares Capital Corp.<sup>(b)</sup> | 425723 | &nbsp;&nbsp; 8467630 |
| Blackstone Secured Lending Fund<sup>(b)</sup> | 114941 | &nbsp;&nbsp; 2949386 |
| Blackstone, Inc., Class A | 101588 | &nbsp;&nbsp; 14468163 |
| Blue Owl Capital Corp., BDC<sup>(b)</sup> | 241398 | &nbsp;&nbsp; 2896776 |
| Blue Owl Capital, Inc.<sup>(b)</sup> | 951773 | &nbsp;&nbsp; 12982184 |
| Blue Owl Technology Finance Corp.<sup>(b)</sup> | 223344 | &nbsp;&nbsp; 2977175 |
| Bridgepoint Group PLC (United Kingdom)<sup>(c)</sup> | 1525387 | &nbsp;&nbsp; 5690198 |
| Capital Southwest Corp., BDC<sup>(b)</sup> | 37215 | &nbsp;&nbsp; 872320 |
| Carlyle Group, Inc. (The) | 156693 | &nbsp;&nbsp; 9210415 |
| Chrysalis Investments Ltd. (Guernsey)<sup>(d)</sup> | 1077241 | &nbsp;&nbsp; 1564155 |
| CVC Capital Partners PLC (Luxembourg)<sup>(b)(c)</sup> | 989263 | &nbsp;&nbsp; 17639777 |
| EQT AB (Sweden)<sup>(b)</sup> | 440666 | &nbsp;&nbsp; 16830192 |
| Fairfax India Holdings Corp. (India)<sup>(c)(d)</sup> | 198417 | &nbsp;&nbsp; 3388962 |
| FS KKR Capital Corp., BDC<sup>(b)</sup> | 105240 | &nbsp;&nbsp; 1451260 |
| Georgia Capital PLC (Georgia)<sup>(d)</sup> | 64184 | &nbsp;&nbsp; 2976329 |
| Gimv N.V. (Belgium)<sup>(b)</sup> | 79364 | &nbsp;&nbsp; 4301525 |
| Gladstone Investment Corp.<sup>(b)</sup> | 58361 | &nbsp;&nbsp; 807133 |
| Goldman Sachs BDC, Inc., BDC<sup>(b)</sup> | 80707 | &nbsp;&nbsp; 760260 |
| Golub Capital BDC, Inc.<sup>(b)</sup> | 114018 | &nbsp;&nbsp; 1526701 |
| Hamilton Lane, Inc., Class A<sup>(b)</sup> | 51981 | &nbsp;&nbsp; 7341796 |
| Hercules Capital, Inc.<sup>(b)</sup> | 85726 | &nbsp;&nbsp; 1588503 |
| Integral Corp. (Japan)<sup>(b)</sup> | 77823 | &nbsp;&nbsp; 1794240 |
| IP Group PLC (United Kingdom)<sup>(d)</sup> | 1963668 | &nbsp;&nbsp; 1599291 |
| JAFCO Group Co. Ltd. (Japan) | 159640 | &nbsp;&nbsp; 2528276 |
| Kayne Anderson BDC, Inc.<sup>(b)</sup> | 53034 | &nbsp;&nbsp; 751492 |
| KKR & Co., Inc., Class A | 119433 | &nbsp;&nbsp; 13646415 |
| Main Street Capital Corp.<sup>(b)</sup> | 53580 | &nbsp;&nbsp; 3418404 |
| Molten Ventures PLC (United Kingdom)<sup>(d)</sup> | 502450 | &nbsp;&nbsp; 3492964 |
| Mutares SE & Co. KGaA (Germany)<sup>(b)</sup> | 49098 | &nbsp;&nbsp; 1904294 |
| Oaktree Specialty Lending Corp.<sup>(b)</sup> | 59597 | &nbsp;&nbsp; 734235 |
| Onex Corp. (Canada) | 119530 | &nbsp;&nbsp; 10241015 |
| P10, Inc., Class A<sup>(b)</sup> | 82676 | &nbsp;&nbsp; 891247 |
| Partners Group Holding AG (Switzerland)<sup>(b)</sup> | 12996 | &nbsp;&nbsp; 17789661 |
| &nbsp;&nbsp;&nbsp; Patria Investments Ltd., Class A (Cayman <br> Islands)<sup>(b)</sup><br>| 160352 | &nbsp;&nbsp; 2342743 |
| Ratos AB, Class B (Sweden) | 624922 | &nbsp;&nbsp; 2687760 |
| &nbsp;&nbsp;&nbsp; Seraphim Space Investment Trust PLC <br> (United Kingdom)<sup>(b)(d)</sup><br>| 745376 | &nbsp;&nbsp; 1317511 |
| Sixth Street Specialty Lending, Inc.<sup>(b)</sup> | 36018 | &nbsp;&nbsp; 790595 |
| StepStone Group, Inc., Class A | 103550 | &nbsp;&nbsp; 7319949 |
| STIC Investments, Inc. (South Korea)<sup>(d)</sup> | 111621 | &nbsp;&nbsp; 904079 |
| SuRo Capital Corp. | 86268 | &nbsp;&nbsp; 805743 |
| TPG, Inc. | 250557 | &nbsp;&nbsp; 14760313 |
| Trinity Capital, Inc., BDC | 54542 | &nbsp;&nbsp; 917942 |
| &nbsp;&nbsp;&nbsp; Woori Technology Investment Co. Ltd. (South <br> Korea)<sup>(d)</sup><br>| 142618 | &nbsp;&nbsp; 835364 |
|  |  | &nbsp;&nbsp; 231341262 |
| **Consumer Staples Distribution & Retail-1.97%**  | **Consumer Staples Distribution & Retail-1.97%**  | **Consumer Staples Distribution & Retail-1.97%**  |
| Sonae SGPS S.A. (Portugal) | 3133930 | &nbsp;&nbsp; 6600542 |
| **Diversified Consumer Services-1.57%** | **Diversified Consumer Services-1.57%** | **Diversified Consumer Services-1.57%** |
| Graham Holdings Co., Class B | 4490 | &nbsp;&nbsp; 5238169 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financial Services-15.77%** | **Financial Services-15.77%** | **Financial Services-15.77%** |
| Compass Diversified Holdings<sup>(b)</sup> | 283950 | &nbsp;&nbsp; $1865551 |
| Eurazeo SE (France) | 153501 | &nbsp;&nbsp; 9254110 |
| HAL Trust (Netherlands) | 83379 | &nbsp;&nbsp; 15445790 |
| Kinnevik AB, Class B (Sweden)<sup>(b)(d)</sup> | 709759 | &nbsp;&nbsp; 5861520 |
| Sofina S.A. (Belgium)<sup>(b)</sup> | 48939 | &nbsp;&nbsp; 14313137 |
| Wendel SE (France) | 61493 | &nbsp;&nbsp; 5962289 |
|  |  | &nbsp;&nbsp; 52702397 |
| **Industrial Conglomerates-1.72%** | **Industrial Conglomerates-1.72%** | **Industrial Conglomerates-1.72%** |
| &nbsp;&nbsp;&nbsp; Brookfield Business Corp., Class A <br> (Canada)<sup>(b)</sup><br>| 90182 | &nbsp;&nbsp; 3217955 |
| Italmobiliare S.p.A. (Italy)<sup>(b)</sup> | 76469 | &nbsp;&nbsp; 2534183 |
|  |  | &nbsp;&nbsp; 5752138 |
| **Interactive Media & Services-0.73%** | **Interactive Media & Services-0.73%** | **Interactive Media & Services-0.73%** |
| IAC, Inc.<sup>(b)(d)</sup> | 66392 | &nbsp;&nbsp; 2453184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $268,115,011) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $268,115,011) | &nbsp;&nbsp; 304087692 |
| **Closed-End Funds-8.99%** | **Closed-End Funds-8.99%** | **Closed-End Funds-8.99%** |
| Destiny Tech100, Inc.<sup>(b)(d)</sup> | 30943 | &nbsp;&nbsp; 1062273 |
| &nbsp;&nbsp;&nbsp; HBM Healthcare Investments AG <br> (Switzerland)<br>| 12707 | &nbsp;&nbsp; 3961972 |
| HgCapital Trust PLC (United Kingdom)<sup>(b)</sup> | 1133779 | &nbsp;&nbsp; 7043874 |
| NB Private Equity Partners Ltd. (Guernsey) | 118468 | &nbsp;&nbsp; 2498956 |
| Oakley Capital Investments Ltd. (Bermuda) | 443431 | &nbsp;&nbsp; 3239587 |
| &nbsp;&nbsp;&nbsp; Pantheon International PLC (United <br> Kingdom)<sup>(d)</sup><br>| 1141189 | &nbsp;&nbsp; 5909076 |
| &nbsp;&nbsp;&nbsp; Partners Group Private Equity Ltd. <br> (Guernsey)<sup>(b)</sup><br>| 135618 | &nbsp;&nbsp; 1645098 |
| Schiehallion Fund Ltd. (The) (Guernsey)<sup>(c)(d)</sup> | 2159781 | &nbsp;&nbsp; 3847257 |
| Syncona Ltd. (United Kingdom)<sup>(b)(d)</sup> | 633143 | &nbsp;&nbsp; 857195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Closed-End Funds <br>(Cost $25,445,554) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Closed-End Funds <br>(Cost $25,445,554) | &nbsp;&nbsp; 30065288 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.95% <br>(Cost $293,560,565) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.95% <br>(Cost $293,560,565) | &nbsp;&nbsp; 334152980 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-28.95%** | **Money Market Funds-28.95%** | **Money Market Funds-28.95%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(e)(f)(g)</sup><br>| 26799080 | &nbsp;&nbsp; 26799080 |
| Invesco Private Prime Fund, 3.80%<sup>(e)(f)(g)</sup> | 69956252 | &nbsp;&nbsp; 69977239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $96,776,319) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $96,776,319) | &nbsp;&nbsp; 96776319 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-128.90% <br>(Cost $390,336,884) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-128.90% <br>(Cost $390,336,884) | &nbsp;&nbsp; 430929299 |
| OTHER ASSETS LESS LIABILITIES-(28.90)% | OTHER ASSETS LESS LIABILITIES-(28.90)% | &nbsp;&nbsp; (96625981)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $334303318 |

---

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

------

**Invesco Global Listed Private Equity ETF (PSP)—(continued)**

January 31, 2026

*(Unaudited)*

Investment Abbreviations: <br> BDC -Business Development Company

&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 January 31, 2026. |
| <sup>(c)</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 aggregate value of these securities at <br> January 31, 2026 was $30,566,194, which represented 9.14% of the Fund's Net Assets.<br>|
| <sup>(d)</sup> | Non-income producing security. |
| <sup>(e)</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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $17659415 | &nbsp;&nbsp;&nbsp; $(17659415)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $8009 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 19792924 | &nbsp;&nbsp;&nbsp; 150389492 | &nbsp;&nbsp;&nbsp; (143383336)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 26799080 | &nbsp;&nbsp;&nbsp; 581,018<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 51480411 | &nbsp;&nbsp;&nbsp; 290507907 | &nbsp;&nbsp;&nbsp; (272013024)<br>| &nbsp;&nbsp;&nbsp; 2708 | &nbsp;&nbsp;&nbsp; (763)<br>| &nbsp;&nbsp;&nbsp; 69977239 | &nbsp;&nbsp;&nbsp; 1,563,051<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $71273335 | &nbsp;&nbsp;&nbsp; $458556814 | &nbsp;&nbsp;&nbsp; $(433055775)<br>| &nbsp;&nbsp;&nbsp; $2708 | &nbsp;&nbsp;&nbsp; $(763)<br>| &nbsp;&nbsp;&nbsp; $96776319 | &nbsp;&nbsp;&nbsp; $2152078 |

---

&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>(f)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2026. <br> <sup>(g)</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.

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

---

| | |
|:---|:---|
| This Fund has holdings greater than 10% of net assets in the following country: | This Fund has holdings greater than 10% of net assets in the following country: |
| United Kingdom | 12.94% |

---

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 Golden Dragon China ETF (PGJ)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** |
| **Communication Services-24.64%** | **Communication Services-24.64%** | **Communication Services-24.64%** |
| Autohome, Inc., ADR | 50203 | &nbsp;&nbsp; $1106474 |
| Baidu, Inc., ADR<sup>(b)(c)</sup> | 87859 | &nbsp;&nbsp; 13458242 |
| Bilibili, Inc., ADR<sup>(b)(c)</sup> | 87484 | &nbsp;&nbsp; 2977955 |
| Hello Group, Inc., ADR | 128984 | &nbsp;&nbsp; 879671 |
| HUYA, Inc., ADR<sup>(c)</sup> | 70708 | &nbsp;&nbsp; 299802 |
| iQIYI, Inc., ADR<sup>(b)(c)</sup> | 389940 | &nbsp;&nbsp; 811075 |
| LZ Technology Holdings Ltd., B Shares<sup>(b)(c)</sup> | 96545 | &nbsp;&nbsp; 128405 |
| NetEase, Inc., ADR | 59545 | &nbsp;&nbsp; 7671182 |
| Sohu.com Ltd., ADR<sup>(b)</sup> | 23043 | &nbsp;&nbsp; 390118 |
| So-Young International, Inc., ADR<sup>(c)</sup> | 59624 | &nbsp;&nbsp; 169332 |
| Tencent Music Entertainment Group, ADR | 297547 | &nbsp;&nbsp; 4992839 |
| Weibo Corp., ADR<sup>(c)</sup> | 66011 | &nbsp;&nbsp; 698397 |
| Zhihu, Inc., ADR<sup>(b)</sup> | 31642 | &nbsp;&nbsp; 119290 |
|  |  | &nbsp;&nbsp; 33702782 |
| **Consumer Discretionary-49.89%** | **Consumer Discretionary-49.89%** | **Consumer Discretionary-49.89%** |
| 51 Talk Online Education Group, ADR<sup>(b)(c)</sup> | 2839 | &nbsp;&nbsp; 72423 |
| Alibaba Group Holding Ltd., ADR<sup>(c)</sup> | 69800 | &nbsp;&nbsp; 11835288 |
| Atour Lifestyle Holdings Ltd., ADR | 71862 | &nbsp;&nbsp; 2568348 |
| ATRenew, Inc., ADR<sup>(b)</sup> | 103553 | &nbsp;&nbsp; 608892 |
| Baozun, Inc., ADR<sup>(b)(c)</sup> | 34064 | &nbsp;&nbsp; 91292 |
| Cango, Inc.<sup>(b)(c)</sup> | 209759 | &nbsp;&nbsp; 258004 |
| Chagee Holdings Ltd., ADR<sup>(c)</sup> | 12581 | &nbsp;&nbsp; 147449 |
| ECARX Holdings, Inc.<sup>(b)(c)</sup> | 241360 | &nbsp;&nbsp; 434448 |
| Epsium Enterprise Ltd.<sup>(b)(c)</sup> | 10014 | &nbsp;&nbsp; 16123 |
| Gaotu Techedu, Inc., ADR<sup>(b)(c)</sup> | 113081 | &nbsp;&nbsp; 255563 |
| H World Group Ltd., ADR<sup>(c)</sup> | 103432 | &nbsp;&nbsp; 4914054 |
| Here Group Ltd., ADR<sup>(b)(c)</sup> | 19508 | &nbsp;&nbsp; 93833 |
| Hesai Group, ADR<sup>(b)(c)</sup> | 7542 | &nbsp;&nbsp; 180028 |
| JD.com, Inc., ADR | 343986 | &nbsp;&nbsp; 9796721 |
| Li Auto, Inc., ADR<sup>(b)(c)</sup> | 152775 | &nbsp;&nbsp; 2540648 |
| MINISO Group Holding Ltd., ADR<sup>(c)</sup> | 25838 | &nbsp;&nbsp; 476969 |
| &nbsp;&nbsp;&nbsp; New Oriental Education & Technology Group, <br> Inc., ADR<br>| 76587 | &nbsp;&nbsp; 4624323 |
| NIO, Inc., ADR<sup>(b)</sup> | 971890 | &nbsp;&nbsp; 4567883 |
| Niu Technologies, ADR<sup>(b)</sup> | 38323 | &nbsp;&nbsp; 126849 |
| &nbsp;&nbsp;&nbsp; SunCar Technology Group, Inc., Class A <br> (Hong Kong)<sup>(b)(c)</sup><br>| 41712 | &nbsp;&nbsp; 82590 |
| TAL Education Group, ADR<sup>(b)</sup> | 308063 | &nbsp;&nbsp; 3912400 |
| Viomi Technology Co. Ltd., ADR | 30780 | &nbsp;&nbsp; 40937 |
| Vipshop Holdings Ltd., ADR<sup>(c)</sup> | 279518 | &nbsp;&nbsp; 4782553 |
| WeRide, Inc., ADR<sup>(b)(c)</sup> | 174786 | &nbsp;&nbsp; 1400036 |
| XPeng, Inc., ADR<sup>(b)(c)</sup> | 159017 | &nbsp;&nbsp; 2859126 |
| Youdao, Inc., ADR<sup>(b)(c)</sup> | 28163 | &nbsp;&nbsp; 292895 |
| Yum China Holdings, Inc. | 228074 | &nbsp;&nbsp; 11271417 |
|  |  | &nbsp;&nbsp; 68251092 |
| **Consumer Staples-1.27%** | **Consumer Staples-1.27%** | **Consumer Staples-1.27%** |
| DingDong (Cayman) Ltd., ADR<sup>(b)</sup> | 104829 | &nbsp;&nbsp; 299811 |
| RLX Technology, Inc., ADR | 523271 | &nbsp;&nbsp; 1208756 |
| Yatsen Holding Ltd., ADR<sup>(b)</sup> | 53653 | &nbsp;&nbsp; 228562 |
|  |  | &nbsp;&nbsp; 1737129 |
| **Financials-3.75%** | **Financials-3.75%** | **Financials-3.75%** |
| FinVolution Group, ADR | 143816 | &nbsp;&nbsp; 737776 |
| High Templar Tech Ltd., ADR<sup>(b)</sup> | 148818 | &nbsp;&nbsp; 433060 |
| Jiayin Group, Inc., ADR | 12576 | &nbsp;&nbsp; 83002 |
| LexinFintech Holdings Ltd., ADR | 110437 | &nbsp;&nbsp; 314746 |
| Lufax Holding Ltd., ADR<sup>(b)</sup> | 204848 | &nbsp;&nbsp; 544896 |
| Metalpha Technology Holding Ltd.<sup>(b)</sup> | 29432 | &nbsp;&nbsp; 59747 |
| Noah Holdings Ltd., ADR | 31327 | &nbsp;&nbsp; 371538 |
| Qifu Technology, Inc., ADR | 89693 | &nbsp;&nbsp; 1394726 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Up Fintech Holding Ltd., ADR<sup>(b)</sup> | 100860 | &nbsp;&nbsp; $861344 |
| Waterdrop, Inc., ADR | 115835 | &nbsp;&nbsp; 191128 |
| X Financial, ADR<sup>(c)</sup> | 15716 | &nbsp;&nbsp; 80937 |
| Yiren Digital Ltd., ADR<sup>(c)</sup> | 13552 | &nbsp;&nbsp; 53801 |
|  |  | &nbsp;&nbsp; 5126701 |
| **Health Care-0.73%** | **Health Care-0.73%** | **Health Care-0.73%** |
| BGM Group Ltd.<sup>(b)(c)</sup> | 134237 | &nbsp;&nbsp; 473857 |
| China SXT Pharmaceuticals, Inc.<sup>(b)</sup> | 86453 | &nbsp;&nbsp; 2680 |
| Zai Lab Ltd., ADR<sup>(b)(c)</sup> | 29099 | &nbsp;&nbsp; 483043 |
| Zhengye Biotechnology Holding Ltd.<sup>(b)(c)</sup> | 35144 | &nbsp;&nbsp; 34090 |
|  |  | &nbsp;&nbsp; 993670 |
| **Industrials-9.86%** | **Industrials-9.86%** | **Industrials-9.86%** |
| EHang Holdings Ltd., ADR<sup>(b)(c)</sup> | 39639 | &nbsp;&nbsp; 506190 |
| Full Truck Alliance Co. Ltd., ADR | 483177 | &nbsp;&nbsp; 4783452 |
| HUHUTECH International Group, Inc.<sup>(b)(c)</sup> | 17265 | &nbsp;&nbsp; 115675 |
| Kanzhun Ltd., ADR | 248405 | &nbsp;&nbsp; 4600461 |
| SOS Ltd.<sup>(b)(c)</sup> | 320126 | &nbsp;&nbsp; 489793 |
| ZKH Group Ltd., ADR<sup>(b)</sup> | 80046 | &nbsp;&nbsp; 268955 |
| ZTO Express (Cayman), Inc., ADR | 124208 | &nbsp;&nbsp; 2723881 |
|  |  | &nbsp;&nbsp; 13488407 |
| **Information Technology-6.32%** | **Information Technology-6.32%** | **Information Technology-6.32%** |
| Agora, Inc., ADR<sup>(b)</sup> | 54473 | &nbsp;&nbsp; 227152 |
| Canadian Solar, Inc. (Canada)<sup>(b)(c)</sup> | 49773 | &nbsp;&nbsp; 951909 |
| Daqo New Energy Corp., ADR<sup>(b)</sup> | 55024 | &nbsp;&nbsp; 1360193 |
| GDS Holdings Ltd., ADR<sup>(b)(c)</sup> | 70428 | &nbsp;&nbsp; 3147427 |
| JinkoSolar Holding Co. Ltd., ADR<sup>(c)</sup> | 27981 | &nbsp;&nbsp; 717153 |
| Kingsoft Cloud Holdings Ltd., ADR<sup>(b)(c)</sup> | 20824 | &nbsp;&nbsp; 275085 |
| MicroAlgo, Inc.<sup>(b)(c)</sup> | 8154 | &nbsp;&nbsp; 37427 |
| Pony AI, Inc., ADR<sup>(b)(c)</sup> | 14901 | &nbsp;&nbsp; 206826 |
| Tuya, Inc., ADR | 163231 | &nbsp;&nbsp; 341153 |
| Vnet Group, Inc., ADR<sup>(b)(c)</sup> | 108665 | &nbsp;&nbsp; 1144242 |
| Xunlei Ltd., ADR<sup>(b)(c)</sup> | 39291 | &nbsp;&nbsp; 241640 |
|  |  | &nbsp;&nbsp; 8650207 |
| **Real Estate-3.45%** | **Real Estate-3.45%** | **Real Estate-3.45%** |
| KE Holdings, Inc., ADR<sup>(c)</sup> | 252322 | &nbsp;&nbsp; 4723468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $170,537,748) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $170,537,748) | &nbsp;&nbsp; 136673456 |
| **Money Market Funds-0.19%** | **Money Market Funds-0.19%** | **Money Market Funds-0.19%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(d)(e)</sup> <br>(Cost $264,601)<br>| 264601 | &nbsp;&nbsp; 264601 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.10% <br>(Cost $170,802,349) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.10% <br>(Cost $170,802,349) | &nbsp;&nbsp; 136938057 |
| **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-24.85%** | **Money Market Funds-24.85%** | **Money Market Funds-24.85%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 9883731 | &nbsp;&nbsp; 9883731 |

---

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

------

**Invesco Golden Dragon China ETF (PGJ)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup> | 24101279 | &nbsp;&nbsp; $24108509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $33,992,240) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $33,992,240) | &nbsp;&nbsp; 33992240 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-124.95% <br>(Cost $204,794,589) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-124.95% <br>(Cost $204,794,589) | &nbsp;&nbsp; 170930297 |
| OTHER ASSETS LESS LIABILITIES-(24.95)% | OTHER ASSETS LESS LIABILITIES-(24.95)% | &nbsp;&nbsp; (34134166)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $136796131 |

---

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

Investment Abbreviations: <br> ADR-American Depositary Receipt

&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 January 31, 2026. |
| <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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $106162 | &nbsp;&nbsp;&nbsp; $6547498 | &nbsp;&nbsp;&nbsp; $(6389059)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $264601 | &nbsp;&nbsp;&nbsp; $8227 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 3756612 | &nbsp;&nbsp;&nbsp; 136354165 | &nbsp;&nbsp;&nbsp; (130227046)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 9883731 | &nbsp;&nbsp;&nbsp; 196,417<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 9893211 | &nbsp;&nbsp;&nbsp; 265334706 | &nbsp;&nbsp;&nbsp; (251119199)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; (209)<br>| &nbsp;&nbsp;&nbsp; 24108509 | &nbsp;&nbsp;&nbsp; 535,956<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $13755985 | &nbsp;&nbsp;&nbsp; $408236369 | &nbsp;&nbsp;&nbsp; $(387735304)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $(209)<br>| &nbsp;&nbsp;&nbsp; $34256841 | &nbsp;&nbsp;&nbsp; $740600 |

---

&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 January 31, 2026. <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 MSCI Sustainable Future ETF (ERTH)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.99%** | **Common Stocks & Other Equity Interests-99.99%** | **Common Stocks & Other Equity Interests-99.99%** |
| **Automobiles-18.90%** | **Automobiles-18.90%** | **Automobiles-18.90%** |
| BYD Co. Ltd., A Shares (China) | 79257 | &nbsp;&nbsp; $1036603 |
| BYD Co. Ltd., H Shares (China)<sup>(b)</sup> | 567950 | &nbsp;&nbsp; 7082732 |
| Li Auto, Inc., A Shares (China)<sup>(b)(c)</sup> | 304615 | &nbsp;&nbsp; 2546440 |
| Lucid Group, Inc.<sup>(b)(c)</sup> | 33649 | &nbsp;&nbsp; 372494 |
| NIO, Inc., A shares (China)<sup>(b)(c)</sup> | 451576 | &nbsp;&nbsp; 2153501 |
| OLA Electric Mobility Ltd. (India)<sup>(c)</sup> | 326286 | &nbsp;&nbsp; 114873 |
| &nbsp;&nbsp;&nbsp; Polestar Automotive Holding UK PLC, ADR <br> (Hong Kong)<sup>(b)(c)</sup><br>| 3707 | &nbsp;&nbsp; 56087 |
| Rivian Automotive, Inc., Class A<sup>(b)(c)</sup> | 191643 | &nbsp;&nbsp; 2826734 |
| Seres Group Co. Ltd. (China) | 23900 | &nbsp;&nbsp; 358540 |
| Tesla, Inc.<sup>(c)</sup> | 17065 | &nbsp;&nbsp; 7344947 |
| XPeng, Inc. (China)<sup>(b)(c)</sup> | 304345 | &nbsp;&nbsp; 2740434 |
| &nbsp;&nbsp;&nbsp; Zhejiang Leapmotor Technology Co. Ltd. <br> (China)<sup>(c)(d)</sup><br>| 124007 | &nbsp;&nbsp; 673573 |
|  |  | &nbsp;&nbsp; 27306958 |
| **Building Products-4.80%** | **Building Products-4.80%** | **Building Products-4.80%** |
| Advanced Drainage Systems, Inc. | 18006 | &nbsp;&nbsp; 2737632 |
| Kingspan Group PLC (Ireland) | 37433 | &nbsp;&nbsp; 3271290 |
| Recticel S.A. (Belgium) | 10483 | &nbsp;&nbsp; 127309 |
| Rockwool A/S (Denmark) | 23545 | &nbsp;&nbsp; 798047 |
|  |  | &nbsp;&nbsp; 6934278 |
| **Chemicals-0.08%** | **Chemicals-0.08%** | **Chemicals-0.08%** |
| Finolex Industries Ltd. (India) | 61199 | &nbsp;&nbsp; 117651 |
| **Commercial Services & Supplies-0.51%** | **Commercial Services & Supplies-0.51%** | **Commercial Services & Supplies-0.51%** |
| &nbsp;&nbsp;&nbsp; China Everbright Environment Group Ltd. <br> (China)<br>| 897181 | &nbsp;&nbsp; 577433 |
| &nbsp;&nbsp;&nbsp; Dynagreen Environmental Protection Group <br> Co. Ltd., H Shares (China)<sup>(d)</sup><br>| 94426 | &nbsp;&nbsp; 64244 |
| &nbsp;&nbsp;&nbsp; Zhejiang Weiming Environment Protection <br> Co. Ltd. (China)<br>| 25200 | &nbsp;&nbsp; 99824 |
|  |  | &nbsp;&nbsp; 741501 |
| **Construction & Engineering-0.49%** | **Construction & Engineering-0.49%** | **Construction & Engineering-0.49%** |
| China Conch Venture Holdings Ltd. (China) | 349790 | &nbsp;&nbsp; 478088 |
| Inox Green Energy Services Ltd. (India)<sup>(c)</sup> | 27150 | &nbsp;&nbsp; 50236 |
| &nbsp;&nbsp;&nbsp; Sterling and Wilson Renewable Energy Ltd. <br> (India)<sup>(c)(d)</sup><br>| 28787 | &nbsp;&nbsp; 58126 |
| Waaree Renewable Technologies Ltd. (India) | 6426 | &nbsp;&nbsp; 63316 |
| West Holdings Corp. (Japan)<sup>(b)</sup> | 5036 | &nbsp;&nbsp; 51990 |
|  |  | &nbsp;&nbsp; 701756 |
| **Diversified REITs-1.55%** | **Diversified REITs-1.55%** | **Diversified REITs-1.55%** |
| American Assets Trust, Inc. | 11931 | &nbsp;&nbsp; 215474 |
| Merlin Properties SOCIMI S.A. (Spain) | 95976 | &nbsp;&nbsp; 1433613 |
| Sekisui House Reit, Inc. (Japan) | 990 | &nbsp;&nbsp; 583236 |
|  |  | &nbsp;&nbsp; 2232323 |
| **Electrical Equipment-18.49%** | **Electrical Equipment-18.49%** | **Electrical Equipment-18.49%** |
| Array Technologies, Inc.<sup>(b)(c)</sup> | 37246 | &nbsp;&nbsp; 421811 |
| &nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Co. Ltd. <br> (China)<br>| 18973 | &nbsp;&nbsp; 1184232 |
| &nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Co. Ltd., <br> A Shares (China)<br>| 64436 | &nbsp;&nbsp; 3251255 |
| CS Wind Corp. (South Korea)<sup>(c)</sup> | 6239 | &nbsp;&nbsp; 175861 |
| Energiekontor AG (Germany) | 1719 | &nbsp;&nbsp; 78402 |
| &nbsp;&nbsp;&nbsp; Goldwind Science & Technology Co. Ltd., A <br> Shares (China)<br>| 51000 | &nbsp;&nbsp; 191432 |
| Inox Wind Ltd. (India)<sup>(c)</sup> | 191767 | &nbsp;&nbsp; 225539 |
| Kempower OYJ (Finland)<sup>(c)</sup> | 5479 | &nbsp;&nbsp; 105663 |
| LG Energy Solution Ltd. (South Korea)<sup>(c)</sup> | 11408 | &nbsp;&nbsp; 3135903 |
| Nextpower, Inc., Class A<sup>(c)</sup> | 36068 | &nbsp;&nbsp; 4223202 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Electrical Equipment-(continued)** | **Electrical Equipment-(continued)** | **Electrical Equipment-(continued)** |
| Nordex SE (Germany)<sup>(c)</sup> | 31667 | &nbsp;&nbsp; $1272434 |
| Olectra Greentech Ltd. (India) | 10119 | &nbsp;&nbsp; 119451 |
| Plug Power, Inc.<sup>(b)(c)</sup> | 273243 | &nbsp;&nbsp; 577909 |
| PNE AG (Germany)<sup>(b)</sup> | 6611 | &nbsp;&nbsp; 77832 |
| REPT BATTERO Energy Co. Ltd. (China)<sup>(c)</sup> | 75469 | &nbsp;&nbsp; 111450 |
| Shoals Technologies Group, Inc., Class A<sup>(c)</sup> | 40597 | &nbsp;&nbsp; 383236 |
| Signify N.V. | 31253 | &nbsp;&nbsp; 665895 |
| &nbsp;&nbsp;&nbsp; Sungrow Power Supply Co. Ltd., A Shares <br> (China)<br>| 30320 | &nbsp;&nbsp; 658685 |
| Sunrun, Inc.<sup>(c)</sup> | 56233 | &nbsp;&nbsp; 1068427 |
| Suzlon Energy Ltd. (India)<sup>(c)</sup> | 2500044 | &nbsp;&nbsp; 1298187 |
| Vestas Wind Systems A/S (Denmark) | 246167 | &nbsp;&nbsp; 7489187 |
|  |  | &nbsp;&nbsp; 26715993 |
| **Electronic Equipment, Instruments & Components-0.78%** | **Electronic Equipment, Instruments & Components-0.78%** | **Electronic Equipment, Instruments & Components-0.78%** |
| Badger Meter, Inc. | 7164 | &nbsp;&nbsp; 1050099 |
| &nbsp;&nbsp;&nbsp; China Railway Signal & Communication Corp. <br> Ltd. (China)<br>| 106200 | &nbsp;&nbsp; 84080 |
|  |  | &nbsp;&nbsp; 1134179 |
| **Food Products-2.06%** | **Food Products-2.06%** | **Food Products-2.06%** |
| Darling Ingredients, Inc.<sup>(c)</sup> | 38468 | &nbsp;&nbsp; 1756449 |
| Grieg Seafood ASA (Norway)<sup>(c)</sup> | 11190 | &nbsp;&nbsp; 86928 |
| SalMar ASA (Norway) | 16484 | &nbsp;&nbsp; 985177 |
| SLC Agricola S.A. (Brazil) | 49264 | &nbsp;&nbsp; 151022 |
|  |  | &nbsp;&nbsp; 2979576 |
| **Ground Transportation-1.51%** | **Ground Transportation-1.51%** | **Ground Transportation-1.51%** |
| &nbsp;&nbsp;&nbsp; Beijing-Shanghai High Speed Railway Co. <br> Ltd., A Shares (China)<br>| 715600 | &nbsp;&nbsp; 501323 |
| &nbsp;&nbsp;&nbsp; BTS Group Holdings PCL, Wts., expiring <br> 11/20/2026 (Thailand)<sup>(c)</sup><br>| 1 | &nbsp;&nbsp; 0 |
| MTR Corp. Ltd. (Hong Kong)<sup>(b)</sup> | 378380 | &nbsp;&nbsp; 1673643 |
|  |  | &nbsp;&nbsp; 2174966 |
| **Household Durables-2.48%** | **Household Durables-2.48%** | **Household Durables-2.48%** |
| Beazer Homes USA, Inc.<sup>(c)</sup> | 6887 | &nbsp;&nbsp; 148553 |
| &nbsp;&nbsp;&nbsp; Berkeley Group Holdings PLC (The) (United <br> Kingdom)<br>| 23308 | &nbsp;&nbsp; 1320629 |
| KB Home | 15765 | &nbsp;&nbsp; 907118 |
| Meritage Homes Corp. | 17305 | &nbsp;&nbsp; 1202871 |
|  |  | &nbsp;&nbsp; 3579171 |
| **Independent Power and Renewable Electricity Producers-5.94%** | **Independent Power and Renewable Electricity Producers-5.94%** | **Independent Power and Renewable Electricity Producers-5.94%** |
| ACEN Corp. (Philippines) | 2449148 | &nbsp;&nbsp; 109956 |
| Acme Solar Holdings Ltd. (India) | 29841 | &nbsp;&nbsp; 73355 |
| Boralex, Inc., Class A (Canada)<sup>(b)</sup> | 21261 | &nbsp;&nbsp; 396441 |
| &nbsp;&nbsp;&nbsp; China Datang Corp. Renewable Power Co. <br> Ltd., H Shares (China)<sup>(b)</sup><br>| 585647 | &nbsp;&nbsp; 156720 |
| &nbsp;&nbsp;&nbsp; China Longyuan Power Group Corp. Ltd., H <br> Shares (China)<sup>(b)</sup><br>| 606617 | &nbsp;&nbsp; 551240 |
| &nbsp;&nbsp;&nbsp; China Three Gorges Renewables (Group) Co. <br> Ltd., A Shares (China)<br>| 423000 | &nbsp;&nbsp; 250247 |
| EDP Renovaveis S.A. (Spain)<sup>(b)</sup> | 76681 | &nbsp;&nbsp; 1169118 |
| Energix-Renewable Energies Ltd. (Israel) | 67166 | &nbsp;&nbsp; 428193 |
| Enlight Renewable Energy Ltd. (Israel)<sup>(c)</sup> | 32083 | &nbsp;&nbsp; 1815935 |
| ERG S.p.A. (Italy)<sup>(b)</sup> | 12811 | &nbsp;&nbsp; 342188 |
| Grenergy Renovables S.A. (Spain)<sup>(c)</sup> | 3482 | &nbsp;&nbsp; 398899 |
| HD Renewable Energy Co. Ltd. (Taiwan) | 20983 | &nbsp;&nbsp; 78081 |
| KPI Green Energy Ltd. (India)<sup>(d)</sup> | 21897 | &nbsp;&nbsp; 94271 |
| &nbsp;&nbsp;&nbsp; Margun Enerji Uretim Sanayi ve Ticaret A.S <br> (Turkey)<sup>(c)</sup><br>| 181852 | &nbsp;&nbsp; 172073 |
| Ormat Technologies, Inc.<sup>(b)</sup> | 14040 | &nbsp;&nbsp; 1754157 |

---

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

------

**Invesco MSCI Sustainable Future ETF (ERTH)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Independent Power and Renewable Electricity Producers-(continued)** | **Independent Power and Renewable Electricity Producers-(continued)** | **Independent Power and Renewable Electricity Producers-(continued)** |
| &nbsp;&nbsp;&nbsp; Solaria Energia y Medio Ambiente S.A. <br> (Spain)<sup>(c)</sup><br>| 18256 | &nbsp;&nbsp; $404101 |
| Voltalia S.A. (France)<sup>(b)(c)</sup> | 9714 | &nbsp;&nbsp; 82020 |
| Xinyi Energy Holdings Ltd. (China)<sup>(b)</sup> | 630488 | &nbsp;&nbsp; 97648 |
| XPLR Infrastructure L.P.<sup>(c)</sup> | 21662 | &nbsp;&nbsp; 210988 |
|  |  | &nbsp;&nbsp; 8585631 |
| **Industrial REITs-1.83%** | **Industrial REITs-1.83%** | **Industrial REITs-1.83%** |
| CRE Logistics REIT, Inc. (Japan)<sup>(b)</sup> | 145 | &nbsp;&nbsp; 156707 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Estate Logistics REIT Investment <br> Corp. (Japan)<br>| 346 | &nbsp;&nbsp; 295137 |
| Nippon Prologis REIT, Inc. (Japan) | 1634 | &nbsp;&nbsp; 956567 |
| Tritax Big Box REIT PLC (United Kingdom) | 544056 | &nbsp;&nbsp; 1238490 |
|  |  | &nbsp;&nbsp; 2646901 |
| **IT Services-1.46%** | **IT Services-1.46%** | **IT Services-1.46%** |
| GDS Holdings Ltd., A Shares (China)<sup>(c)</sup> | 273800 | &nbsp;&nbsp; 1525014 |
| &nbsp;&nbsp;&nbsp; Kingsoft Cloud Holdings Ltd., H shares <br> (China)<sup>(b)(c)</sup><br>| 662814 | &nbsp;&nbsp; 589022 |
|  |  | &nbsp;&nbsp; 2114036 |
| **Machinery-2.24%** | **Machinery-2.24%** | **Machinery-2.24%** |
| Alstom S.A. (France)<sup>(b)(c)</sup> | 84469 | &nbsp;&nbsp; 2706745 |
| Energy Recovery, Inc.<sup>(c)</sup> | 12974 | &nbsp;&nbsp; 189291 |
| Stadler Rail AG (Switzerland)<sup>(b)</sup> | 13393 | &nbsp;&nbsp; 344464 |
|  |  | &nbsp;&nbsp; 3240500 |
| **Metals & Mining-0.63%** | **Metals & Mining-0.63%** | **Metals & Mining-0.63%** |
| &nbsp;&nbsp;&nbsp; Century Iron and Steel Industrial Co. Ltd. <br> (Taiwan)<br>| 42000 | &nbsp;&nbsp; 180396 |
| Sigma Lithium Corp. (Brazil)<sup>(b)(c)</sup> | 14853 | &nbsp;&nbsp; 160115 |
| Sims Ltd. | 39993 | &nbsp;&nbsp; 563326 |
|  |  | &nbsp;&nbsp; 903837 |
| **Office REITs-6.62%** | **Office REITs-6.62%** | **Office REITs-6.62%** |
| Brandywine Realty Trust<sup>(b)</sup> | 41760 | &nbsp;&nbsp; 118181 |
| Centuria Office REIT (Australia)<sup>(b)</sup> | 95739 | &nbsp;&nbsp; 71626 |
| Colonial SFL Socimi S.A. (Spain)<sup>(b)</sup> | 68743 | &nbsp;&nbsp; 426727 |
| Cousins Properties, Inc. | 40861 | &nbsp;&nbsp; 1031332 |
| Covivio S.A. (France) | 13590 | &nbsp;&nbsp; 871360 |
| Douglas Emmett, Inc.<sup>(b)</sup> | 40836 | &nbsp;&nbsp; 431228 |
| Embassy Office Parks REIT (India) | 207937 | &nbsp;&nbsp; 982114 |
| Gecina S.A. (France) | 11220 | &nbsp;&nbsp; 1034311 |
| &nbsp;&nbsp;&nbsp; Global One Real Estate Investment Corp. <br> (Japan)<br>| 239 | &nbsp;&nbsp; 211556 |
| Japan Excellent, Inc. (Japan)<sup>(b)</sup> | 270 | &nbsp;&nbsp; 261928 |
| Keppel REIT (Singapore) | 659491 | &nbsp;&nbsp; 512597 |
| Mori Hills REIT Investment Corp. (Japan)<sup>(b)</sup> | 353 | &nbsp;&nbsp; 332203 |
| Nippon Building Fund, Inc. (Japan)<sup>(b)</sup> | 1894 | &nbsp;&nbsp; 1762542 |
| Piedmont Realty Trust, Inc., Class A | 30230 | &nbsp;&nbsp; 254537 |
| Vornado Realty Trust | 39707 | &nbsp;&nbsp; 1265859 |
|  |  | &nbsp;&nbsp; 9568101 |
| **Oil, Gas & Consumable Fuels-0.28%** | **Oil, Gas & Consumable Fuels-0.28%** | **Oil, Gas & Consumable Fuels-0.28%** |
| REX American Resources Corp.<sup>(c)</sup> | 7226 | &nbsp;&nbsp; 244311 |
| Verbio SE (Germany)<sup>(c)</sup> | 5498 | &nbsp;&nbsp; 162938 |
|  |  | &nbsp;&nbsp; 407249 |
| **Paper & Forest Products-1.83%** | **Paper & Forest Products-1.83%** | **Paper & Forest Products-1.83%** |
| Canfor Corp. (Canada)<sup>(c)</sup> | 14232 | &nbsp;&nbsp; 150712 |
| Suzano S.A. (Brazil) | 168979 | &nbsp;&nbsp; 1592141 |
| West Fraser Timber Co. Ltd. (Canada) | 13036 | &nbsp;&nbsp; 895187 |
|  |  | &nbsp;&nbsp; 2638040 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate Management & Development-1.24%** | **Real Estate Management & Development-1.24%** | **Real Estate Management & Development-1.24%** |
| &nbsp;&nbsp;&nbsp; Henderson Land Development Co. Ltd. (Hong <br> Kong)<sup>(b)</sup><br>| 353745 | &nbsp;&nbsp; $1407495 |
| Lighthouse Properties PLC (Mauritius) | 283309 | &nbsp;&nbsp; 151883 |
| Mahindra Lifespace Developers Ltd. (India) | 26295 | &nbsp;&nbsp; 105071 |
| &nbsp;&nbsp;&nbsp; Platzer Fastigheter Holding AB, Class B <br> (Sweden)<sup>(b)</sup><br>| 14785 | &nbsp;&nbsp; 123937 |
|  |  | &nbsp;&nbsp; 1788386 |
| **Retail REITs-8.76%** | **Retail REITs-8.76%** | **Retail REITs-8.76%** |
| AEON REIT Investment Corp. (Japan)<sup>(b)</sup> | 390 | &nbsp;&nbsp; 338639 |
| &nbsp;&nbsp;&nbsp; CapitaLand Integrated Commercial Trust <br> (Singapore)<br>| 1483669 | &nbsp;&nbsp; 2792253 |
| &nbsp;&nbsp;&nbsp; Eurocommercial Properties N.V. <br> (Netherlands)<br>| 10693 | &nbsp;&nbsp; 316579 |
| First Capital REIT (Canada)<sup>(b)</sup> | 25316 | &nbsp;&nbsp; 369977 |
| Frasers Centrepoint Trust (Singapore) | 321177 | &nbsp;&nbsp; 566906 |
| &nbsp;&nbsp;&nbsp; Japan Metropolitan Fund Investment Corp. <br> (Japan)<br>| 1749 | &nbsp;&nbsp; 1381069 |
| Klepierre S.A. (France)<sup>(b)</sup> | 52444 | &nbsp;&nbsp; 2027652 |
| &nbsp;&nbsp;&nbsp; Lendlease Global Commercial REIT <br> (Singapore)<br>| 547573 | &nbsp;&nbsp; 275451 |
| &nbsp;&nbsp;&nbsp; Mapletree Pan Asia Commercial Trust <br> (Singapore)<br>| 578030 | &nbsp;&nbsp; 664535 |
| Mercialys S.A. (France) | 22862 | &nbsp;&nbsp; 288693 |
| SmartCentres REIT (Canada)<sup>(b)</sup> | 17527 | &nbsp;&nbsp; 345453 |
| Unibail-Rodamco-Westfield (France) | 29680 | &nbsp;&nbsp; 3293476 |
|  |  | &nbsp;&nbsp; 12660683 |
| **Semiconductors & Semiconductor Equipment-11.74%** | **Semiconductors & Semiconductor Equipment-11.74%** | **Semiconductors & Semiconductor Equipment-11.74%** |
| CSI Solar Co. Ltd. (China) | 54567 | &nbsp;&nbsp; 120280 |
| Duk San Neolux Co. Ltd. (South Korea)<sup>(c)</sup> | 3368 | &nbsp;&nbsp; 91083 |
| Enphase Energy, Inc.<sup>(b)(c)</sup> | 31843 | &nbsp;&nbsp; 1177554 |
| First Solar, Inc.<sup>(c)</sup> | 24836 | &nbsp;&nbsp; 5601015 |
| Flat Glass Group Co. Ltd., A Shares (China)<sup>(c)</sup> | 28100 | &nbsp;&nbsp; 65152 |
| &nbsp;&nbsp;&nbsp; JA Solar Technology Co. Ltd., A Shares <br> (China)<sup>(c)</sup><br>| 49008 | &nbsp;&nbsp; 79727 |
| Jinko Solar Co. Ltd., A Shares (China)<sup>(c)</sup> | 148000 | &nbsp;&nbsp; 134754 |
| JinkoSolar Holding Co. Ltd., ADR (China)<sup>(b)</sup> | 7519 | &nbsp;&nbsp; 192712 |
| &nbsp;&nbsp;&nbsp; LONGi Green Energy Technology Co. Ltd., A <br> Shares (China)<sup>(c)</sup><br>| 112072 | &nbsp;&nbsp; 288373 |
| NVIDIA Corp. | 37911 | &nbsp;&nbsp; 7245929 |
| SMA Solar Technology AG (Germany)<sup>(b)(c)</sup> | 3851 | &nbsp;&nbsp; 168138 |
| SolarEdge Technologies, Inc.<sup>(b)(c)</sup> | 14443 | &nbsp;&nbsp; 447011 |
| &nbsp;&nbsp;&nbsp; TCL Zhonghuan Renewable Energy <br> Technology Co. Ltd., A Shares (China)<sup>(c)</sup><br>| 59800 | &nbsp;&nbsp; 80939 |
| Trina Solar Co. Ltd. (China)<sup>(c)</sup> | 32200 | &nbsp;&nbsp; 86953 |
| Waaree Energies Ltd. (India) | 21013 | &nbsp;&nbsp; 637754 |
| Websol Energy System Ltd. (India)<sup>(c)</sup> | 67647 | &nbsp;&nbsp; 59951 |
| Xinyi Solar Holdings Ltd. (China)<sup>(b)</sup> | 1107611 | &nbsp;&nbsp; 478903 |
|  |  | &nbsp;&nbsp; 16956228 |
| **Software-0.09%** | **Software-0.09%** | **Software-0.09%** |
| Tuya, Inc., ADR (China) | 65564 | &nbsp;&nbsp; 137029 |
| **Specialized REITs-5.15%** | **Specialized REITs-5.15%** | **Specialized REITs-5.15%** |
| Digital Realty Trust, Inc. | 44826 | &nbsp;&nbsp; 7438875 |
| **Transportation Infrastructure-0.29%** | **Transportation Infrastructure-0.29%** | **Transportation Infrastructure-0.29%** |
| Taiwan High Speed Rail Corp. (Taiwan) | 477069 | &nbsp;&nbsp; 414012 |
| **Water Utilities-0.24%** | **Water Utilities-0.24%** | **Water Utilities-0.24%** |
| Beijing Enterprises Water Group Ltd. (China) | 990109 | &nbsp;&nbsp; 340961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $153,328,889) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $153,328,889) | &nbsp;&nbsp; 144458821 |

---

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

------

**Invesco MSCI Sustainable Future ETF (ERTH)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-0.09%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(e)(f)</sup> <br>(Cost $136,260)<br>| 136260 | &nbsp;&nbsp; $136260 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.08% <br>(Cost $153,465,149) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.08% <br>(Cost $153,465,149) | &nbsp;&nbsp; 144595081 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-14.18%** | **Money Market Funds-14.18%** | **Money Market Funds-14.18%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(e)(f)(g)</sup><br>| 5687829 | &nbsp;&nbsp; 5687829 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| Invesco Private Prime Fund, 3.80%<sup>(e)(f)(g)</sup> | 14791471 | &nbsp;&nbsp; $14795908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $20,483,737) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $20,483,737) | &nbsp;&nbsp; 20483737 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-114.26% <br>(Cost $173,948,886) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-114.26% <br>(Cost $173,948,886) | &nbsp;&nbsp; 165078818 |
| OTHER ASSETS LESS LIABILITIES-(14.26)% | OTHER ASSETS LESS LIABILITIES-(14.26)% | &nbsp;&nbsp; (20605710)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $144473108 |

---

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

---

| | |
|:---|:---|
| Investment Abbreviations: | Investment Abbreviations: |
| ADR | -American Depositary Receipt |
| REIT | -Real Estate Investment Trust |
| Wts. | -Warrants |

---

&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 January 31, 2026. |
| <sup>(c)</sup> | Non-income producing security. |
| <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 aggregate value of these securities at <br> January 31, 2026 was $890,214, which represented less than 1% of the Fund's Net Assets.<br>|
| <sup>(e)</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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $201797 | &nbsp;&nbsp;&nbsp; $9845080 | &nbsp;&nbsp;&nbsp; $(9910617)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $136260 | &nbsp;&nbsp;&nbsp; $7691 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 8622213 | &nbsp;&nbsp;&nbsp; 41212502 | &nbsp;&nbsp;&nbsp; (44146886)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 5687829 | &nbsp;&nbsp;&nbsp; 191,102<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 22451072 | &nbsp;&nbsp;&nbsp; 86647872 | &nbsp;&nbsp;&nbsp; (94305137)<br>| &nbsp;&nbsp;&nbsp; 1601 | &nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp; 14795908 | &nbsp;&nbsp;&nbsp; 515,086<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $31275082 | &nbsp;&nbsp;&nbsp; $137705454 | &nbsp;&nbsp;&nbsp; $(148362640)<br>| &nbsp;&nbsp;&nbsp; $1601 | &nbsp;&nbsp;&nbsp; $500 | &nbsp;&nbsp;&nbsp; $20619997 | &nbsp;&nbsp;&nbsp; $713879 |

---

&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>(f)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2026. <br> <sup>(g)</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.

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

---

| | |
|:---|:---|
| This Fund has holdings greater than 10% of net assets in the following country: |  |
| China | 20.05% |

---

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 500 BuyWrite ETF (PBP)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-101.34%** | **Common Stocks & Other Equity Interests-101.34%** | **Common Stocks & Other Equity Interests-101.34%** |
| **Communication Services-11.16%** | **Communication Services-11.16%** | **Communication Services-11.16%** |
| Alphabet, Inc., Class A | 32927 | &nbsp;&nbsp; $11129326 |
| Alphabet, Inc., Class C | 26315 | &nbsp;&nbsp; 8908417 |
| AT&T, Inc. | 40125 | &nbsp;&nbsp; 1051676 |
| Charter Communications, Inc., Class A<sup>(b)</sup> | 500 | &nbsp;&nbsp; 103060 |
| Comcast Corp., Class A | 20571 | &nbsp;&nbsp; 611987 |
| Electronic Arts, Inc. | 1269 | &nbsp;&nbsp; 258774 |
| Fox Corp., Class A | 1179 | &nbsp;&nbsp; 85808 |
| Fox Corp., Class B | 841 | &nbsp;&nbsp; 55144 |
| Live Nation Entertainment, Inc.<sup>(b)</sup> | 893 | &nbsp;&nbsp; 129887 |
| Match Group, Inc. | 1339 | &nbsp;&nbsp; 41710 |
| Meta Platforms, Inc., Class A | 12327 | &nbsp;&nbsp; 8832295 |
| Netflix, Inc.<sup>(b)</sup> | 23985 | &nbsp;&nbsp; 2002508 |
| News Corp., Class A | 2118 | &nbsp;&nbsp; 57250 |
| News Corp., Class B | 706 | &nbsp;&nbsp; 21957 |
| Omnicom Group, Inc. | 1804 | &nbsp;&nbsp; 138980 |
| Paramount Skydance Corp. | 1779 | &nbsp;&nbsp; 19943 |
| Take-Two Interactive Software, Inc.<sup>(b)</sup> | 981 | &nbsp;&nbsp; 216114 |
| TKO Group Holdings, Inc. | 374 | &nbsp;&nbsp; 75765 |
| T-Mobile US, Inc. | 2719 | &nbsp;&nbsp; 536214 |
| Trade Desk, Inc. (The), Class A<sup>(b)</sup> | 2495 | &nbsp;&nbsp; 75673 |
| Verizon Communications, Inc. | 23863 | &nbsp;&nbsp; 1062381 |
| Walt Disney Co. (The) | 10106 | &nbsp;&nbsp; 1139957 |
| Warner Bros. Discovery, Inc.<sup>(b)</sup> | 14023 | &nbsp;&nbsp; 386193 |
|  |  | &nbsp;&nbsp; 36941019 |
| **Consumer Discretionary-10.58%** | **Consumer Discretionary-10.58%** | **Consumer Discretionary-10.58%** |
| Airbnb, Inc., Class A<sup>(b)</sup> | 2405 | &nbsp;&nbsp; 311135 |
| Amazon.com, Inc.<sup>(b)</sup> | 55054 | &nbsp;&nbsp; 13174422 |
| Aptiv PLC<sup>(b)</sup> | 1222 | &nbsp;&nbsp; 92567 |
| AutoZone, Inc.<sup>(b)</sup> | 93 | &nbsp;&nbsp; 344499 |
| Best Buy Co., Inc. | 1107 | &nbsp;&nbsp; 72066 |
| Booking Holdings, Inc. | 183 | &nbsp;&nbsp; 915337 |
| Carnival Corp.<sup>(b)</sup> | 6145 | &nbsp;&nbsp; 184473 |
| Carvana Co.<sup>(b)</sup> | 802 | &nbsp;&nbsp; 321690 |
| Chipotle Mexican Grill, Inc.<sup>(b)</sup> | 7486 | &nbsp;&nbsp; 290981 |
| D.R. Horton, Inc. | 1548 | &nbsp;&nbsp; 230404 |
| Darden Restaurants, Inc. | 657 | &nbsp;&nbsp; 130973 |
| Deckers Outdoor Corp.<sup>(b)</sup> | 826 | &nbsp;&nbsp; 98575 |
| Domino's Pizza, Inc. | 173 | &nbsp;&nbsp; 70987 |
| DoorDash, Inc., Class A<sup>(b)</sup> | 2114 | &nbsp;&nbsp; 432567 |
| eBay, Inc. | 2560 | &nbsp;&nbsp; 233523 |
| Expedia Group, Inc. | 660 | &nbsp;&nbsp; 174794 |
| Ford Motor Co. | 22149 | &nbsp;&nbsp; 307428 |
| Garmin Ltd. | 924 | &nbsp;&nbsp; 186315 |
| General Motors Co. | 5279 | &nbsp;&nbsp; 443436 |
| Genuine Parts Co. | 789 | &nbsp;&nbsp; 109663 |
| Hasbro, Inc. | 757 | &nbsp;&nbsp; 67608 |
| Hilton Worldwide Holdings, Inc. | 1311 | &nbsp;&nbsp; 391347 |
| Home Depot, Inc. (The) | 5630 | &nbsp;&nbsp; 2108942 |
| Las Vegas Sands Corp. | 1723 | &nbsp;&nbsp; 90854 |
| Lennar Corp., Class A | 1220 | &nbsp;&nbsp; 133407 |
| Lowe's Cos., Inc. | 3175 | &nbsp;&nbsp; 847915 |
| lululemon athletica, Inc.<sup>(b)</sup> | 610 | &nbsp;&nbsp; 106445 |
| Marriott International, Inc., Class A | 1259 | &nbsp;&nbsp; 396963 |
| McDonald's Corp. | 4031 | &nbsp;&nbsp; 1269765 |
| MGM Resorts International<sup>(b)</sup> | 1161 | &nbsp;&nbsp; 38940 |
| NIKE, Inc., Class B | 6730 | &nbsp;&nbsp; 415981 |
| Norwegian Cruise Line Holdings Ltd.<sup>(b)</sup> | 2578 | &nbsp;&nbsp; 56613 |
| NVR, Inc.<sup>(b)</sup> | 15 | &nbsp;&nbsp; 114536 |
| O'Reilly Automotive, Inc.<sup>(b)</sup> | 4774 | &nbsp;&nbsp; 469809 |
| Pool Corp. | 188 | &nbsp;&nbsp; 47769 |
| PulteGroup, Inc. | 1104 | &nbsp;&nbsp; 138099 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** |
| Ralph Lauren Corp. | 220 | &nbsp;&nbsp; $77750 |
| Ross Stores, Inc. | 1838 | &nbsp;&nbsp; 346739 |
| Royal Caribbean Cruises Ltd. | 1436 | &nbsp;&nbsp; 466197 |
| Starbucks Corp. | 6435 | &nbsp;&nbsp; 591698 |
| Tapestry, Inc. | 1158 | &nbsp;&nbsp; 146962 |
| Tesla, Inc.<sup>(b)</sup> | 15901 | &nbsp;&nbsp; 6843949 |
| TJX Cos., Inc. (The) | 6302 | &nbsp;&nbsp; 944103 |
| Tractor Supply Co. | 2989 | &nbsp;&nbsp; 152080 |
| Ulta Beauty, Inc.<sup>(b)</sup> | 252 | &nbsp;&nbsp; 163135 |
| Williams-Sonoma, Inc. | 687 | &nbsp;&nbsp; 140595 |
| Wynn Resorts Ltd. | 483 | &nbsp;&nbsp; 51898 |
| Yum! Brands, Inc. | 1569 | &nbsp;&nbsp; 243980 |
|  |  | &nbsp;&nbsp; 34989914 |
| **Consumer Staples-5.07%** | **Consumer Staples-5.07%** | **Consumer Staples-5.07%** |
| Altria Group, Inc. | 9503 | &nbsp;&nbsp; 589091 |
| Archer-Daniels-Midland Co. | 2718 | &nbsp;&nbsp; 182949 |
| Brown-Forman Corp., Class B | 994 | &nbsp;&nbsp; 27206 |
| Bunge Global S.A. | 768 | &nbsp;&nbsp; 87460 |
| Campbell's Co. (The) | 1125 | &nbsp;&nbsp; 31478 |
| Church & Dwight Co., Inc. | 1361 | &nbsp;&nbsp; 130996 |
| Clorox Co. (The) | 688 | &nbsp;&nbsp; 77600 |
| Coca-Cola Co. (The) | 21916 | &nbsp;&nbsp; 1639536 |
| Colgate-Palmolive Co. | 4565 | &nbsp;&nbsp; 412174 |
| Conagra Brands, Inc. | 2706 | &nbsp;&nbsp; 50088 |
| Constellation Brands, Inc., Class A | 799 | &nbsp;&nbsp; 125203 |
| Costco Wholesale Corp. | 2509 | &nbsp;&nbsp; 2359087 |
| Dollar General Corp. | 1244 | &nbsp;&nbsp; 178427 |
| Dollar Tree, Inc.<sup>(b)</sup> | 1076 | &nbsp;&nbsp; 126527 |
| Estee Lauder Cos., Inc. (The), Class A | 1393 | &nbsp;&nbsp; 160585 |
| General Mills, Inc. | 3016 | &nbsp;&nbsp; 139520 |
| Hershey Co. (The) | 839 | &nbsp;&nbsp; 163395 |
| Hormel Foods Corp. | 1652 | &nbsp;&nbsp; 40656 |
| J.M. Smucker Co. (The) | 603 | &nbsp;&nbsp; 63231 |
| Kenvue, Inc. | 10841 | &nbsp;&nbsp; 188633 |
| Keurig Dr Pepper, Inc. | 7693 | &nbsp;&nbsp; 211096 |
| Kimberly-Clark Corp. | 1875 | &nbsp;&nbsp; 187481 |
| Kraft Heinz Co. (The) | 4826 | &nbsp;&nbsp; 114569 |
| Kroger Co. (The) | 3451 | &nbsp;&nbsp; 216895 |
| Lamb Weston Holdings, Inc. | 798 | &nbsp;&nbsp; 36652 |
| McCormick & Co., Inc. | 1434 | &nbsp;&nbsp; 88664 |
| Molson Coors Beverage Co., Class B | 957 | &nbsp;&nbsp; 45974 |
| Mondelez International, Inc., Class A | 7303 | &nbsp;&nbsp; 427006 |
| Monster Beverage Corp.<sup>(b)</sup> | 4037 | &nbsp;&nbsp; 326028 |
| PepsiCo, Inc. | 7742 | &nbsp;&nbsp; 1189404 |
| Philip Morris International, Inc. | 8807 | &nbsp;&nbsp; 1580328 |
| Procter & Gamble Co. (The) | 13215 | &nbsp;&nbsp; 2005641 |
| Sysco Corp. | 2708 | &nbsp;&nbsp; 227066 |
| Target Corp. | 2573 | &nbsp;&nbsp; 271374 |
| Tyson Foods, Inc., Class A | 1605 | &nbsp;&nbsp; 104855 |
| Walmart, Inc. | 24822 | &nbsp;&nbsp; 2957293 |
|  |  | &nbsp;&nbsp; 16764168 |
| **Energy-3.22%** | **Energy-3.22%** | **Energy-3.22%** |
| APA Corp. | 2008 | &nbsp;&nbsp; 53031 |
| Baker Hughes Co., Class A | 5583 | &nbsp;&nbsp; 312871 |
| Chevron Corp. | 10714 | &nbsp;&nbsp; 1895307 |
| ConocoPhillips | 6994 | &nbsp;&nbsp; 728985 |
| Coterra Energy, Inc. | 4311 | &nbsp;&nbsp; 124372 |
| Devon Energy Corp. | 3549 | &nbsp;&nbsp; 142705 |
| Diamondback Energy, Inc. | 1056 | &nbsp;&nbsp; 173131 |
| EOG Resources, Inc. | 3074 | &nbsp;&nbsp; 344688 |
| EQT Corp. | 3532 | &nbsp;&nbsp; 203902 |

---

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

------

**Invesco S&P 500 BuyWrite ETF (PBP)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Energy-(continued)** | **Energy-(continued)** | **Energy-(continued)** |
| Expand Energy Corp. | 1350 | &nbsp;&nbsp; $151753 |
| Exxon Mobil Corp. | 23867 | &nbsp;&nbsp; 3374794 |
| Halliburton Co. | 4761 | &nbsp;&nbsp; 159589 |
| Kinder Morgan, Inc. | 11080 | &nbsp;&nbsp; 337829 |
| Marathon Petroleum Corp. | 1702 | &nbsp;&nbsp; 299875 |
| Occidental Petroleum Corp. | 4071 | &nbsp;&nbsp; 184783 |
| ONEOK, Inc. | 3560 | &nbsp;&nbsp; 281916 |
| Phillips 66 | 2281 | &nbsp;&nbsp; 327460 |
| SLB Ltd. | 8455 | &nbsp;&nbsp; 409053 |
| Targa Resources Corp. | 1214 | &nbsp;&nbsp; 243990 |
| Texas Pacific Land Corp. | 327 | &nbsp;&nbsp; 113914 |
| Valero Energy Corp. | 1727 | &nbsp;&nbsp; 313330 |
| Williams Cos., Inc. (The) | 6914 | &nbsp;&nbsp; 465036 |
|  |  | &nbsp;&nbsp; 10642314 |
| **Financials-13.08%** | **Financials-13.08%** | **Financials-13.08%** |
| Aflac, Inc. | 2668 | &nbsp;&nbsp; 296015 |
| Allstate Corp. (The) | 1481 | &nbsp;&nbsp; 294704 |
| American Express Co. | 3037 | &nbsp;&nbsp; 1069540 |
| American International Group, Inc. | 3057 | &nbsp;&nbsp; 228908 |
| Ameriprise Financial, Inc. | 527 | &nbsp;&nbsp; 277829 |
| Aon PLC, Class A | 1216 | &nbsp;&nbsp; 425162 |
| Apollo Global Management, Inc. | 2628 | &nbsp;&nbsp; 353571 |
| Arch Capital Group Ltd.<sup>(b)</sup> | 2044 | &nbsp;&nbsp; 196306 |
| Ares Management Corp., Class A | 1166 | &nbsp;&nbsp; 174515 |
| Arthur J. Gallagher & Co. | 1453 | &nbsp;&nbsp; 362335 |
| Assurant, Inc. | 283 | &nbsp;&nbsp; 67391 |
| Bank of America Corp. | 38026 | &nbsp;&nbsp; 2022983 |
| Bank of New York Mellon Corp. (The) | 3949 | &nbsp;&nbsp; 473564 |
| Berkshire Hathaway, Inc., Class B<sup>(b)</sup> | 10376 | &nbsp;&nbsp; 4985979 |
| BlackRock, Inc. | 816 | &nbsp;&nbsp; 913055 |
| Blackstone, Inc., Class A | 4177 | &nbsp;&nbsp; 594888 |
| Block, Inc., Class A<sup>(b)</sup> | 3102 | &nbsp;&nbsp; 187454 |
| Brown & Brown, Inc. | 1664 | &nbsp;&nbsp; 119974 |
| Capital One Financial Corp. | 3595 | &nbsp;&nbsp; 787053 |
| Cboe Global Markets, Inc. | 592 | &nbsp;&nbsp; 156916 |
| Charles Schwab Corp. (The) | 9457 | &nbsp;&nbsp; 982771 |
| Chubb Ltd. | 2071 | &nbsp;&nbsp; 641099 |
| Cincinnati Financial Corp. | 883 | &nbsp;&nbsp; 142066 |
| Citigroup, Inc. | 10129 | &nbsp;&nbsp; 1172027 |
| Citizens Financial Group, Inc. | 2429 | &nbsp;&nbsp; 152978 |
| CME Group, Inc., Class A | 2041 | &nbsp;&nbsp; 589972 |
| Coinbase Global, Inc., Class A<sup>(b)</sup> | 1289 | &nbsp;&nbsp; 251020 |
| Corpay, Inc.<sup>(b)</sup> | 394 | &nbsp;&nbsp; 123964 |
| Erie Indemnity Co., Class A | 140 | &nbsp;&nbsp; 39621 |
| Everest Group Ltd. | 239 | &nbsp;&nbsp; 79176 |
| FactSet Research Systems, Inc. | 213 | &nbsp;&nbsp; 54179 |
| Fidelity National Information Services, Inc. | 2930 | &nbsp;&nbsp; 161883 |
| Fifth Third Bancorp | 5064 | &nbsp;&nbsp; 254314 |
| Fiserv, Inc.<sup>(b)</sup> | 3040 | &nbsp;&nbsp; 193739 |
| Franklin Resources, Inc. | 1740 | &nbsp;&nbsp; 46319 |
| Global Payments, Inc. | 1343 | &nbsp;&nbsp; 96347 |
| Globe Life, Inc. | 453 | &nbsp;&nbsp; 63520 |
| Goldman Sachs Group, Inc. (The) | 1698 | &nbsp;&nbsp; 1588326 |
| Hartford Insurance Group, Inc. (The) | 1574 | &nbsp;&nbsp; 212584 |
| Huntington Bancshares, Inc. | 11547 | &nbsp;&nbsp; 201842 |
| Interactive Brokers Group, Inc., Class A | 2523 | &nbsp;&nbsp; 188922 |
| Intercontinental Exchange, Inc. | 3227 | &nbsp;&nbsp; 560788 |
| Invesco Ltd.<sup>(c)</sup> | 2521 | &nbsp;&nbsp; 68798 |
| Jack Henry & Associates, Inc. | 407 | &nbsp;&nbsp; 72939 |
| JPMorgan Chase & Co. | 15407 | &nbsp;&nbsp; 4712847 |
| KeyCorp | 5257 | &nbsp;&nbsp; 113131 |
| KKR & Co., Inc., Class A | 3881 | &nbsp;&nbsp; 443443 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Loews Corp. | 958 | &nbsp;&nbsp; $101136 |
| M&T Bank Corp. | 869 | &nbsp;&nbsp; 192544 |
| Marsh & McLennan Cos., Inc. | 2776 | &nbsp;&nbsp; 522415 |
| Mastercard, Inc., Class A | 4641 | &nbsp;&nbsp; 2500524 |
| MetLife, Inc. | 3134 | &nbsp;&nbsp; 247210 |
| Moody's Corp. | 868 | &nbsp;&nbsp; 447506 |
| Morgan Stanley | 6828 | &nbsp;&nbsp; 1248158 |
| MSCI, Inc. | 423 | &nbsp;&nbsp; 257700 |
| Nasdaq, Inc. | 2555 | &nbsp;&nbsp; 247554 |
| Northern Trust Corp. | 1073 | &nbsp;&nbsp; 160338 |
| PayPal Holdings, Inc. | 5295 | &nbsp;&nbsp; 278994 |
| PNC Financial Services Group, Inc. (The) | 2221 | &nbsp;&nbsp; 495949 |
| Principal Financial Group, Inc. | 1133 | &nbsp;&nbsp; 107318 |
| Progressive Corp. (The) | 3315 | &nbsp;&nbsp; 689520 |
| Prudential Financial, Inc. | 1982 | &nbsp;&nbsp; 220220 |
| Raymond James Financial, Inc. | 995 | &nbsp;&nbsp; 165031 |
| Regions Financial Corp. | 4963 | &nbsp;&nbsp; 141446 |
| Robinhood Markets, Inc., Class A<sup>(b)</sup> | 4448 | &nbsp;&nbsp; 442487 |
| S&P Global, Inc. | 1754 | &nbsp;&nbsp; 925744 |
| State Street Corp. | 1577 | &nbsp;&nbsp; 206366 |
| Synchrony Financial | 2039 | &nbsp;&nbsp; 148093 |
| T. Rowe Price Group, Inc. | 1234 | &nbsp;&nbsp; 130409 |
| Travelers Cos., Inc. (The) | 1261 | &nbsp;&nbsp; 358767 |
| Truist Financial Corp. | 7241 | &nbsp;&nbsp; 372332 |
| U.S. Bancorp | 8795 | &nbsp;&nbsp; 493488 |
| Visa, Inc., Class A | 9546 | &nbsp;&nbsp; 3072189 |
| W.R. Berkley Corp. | 1700 | &nbsp;&nbsp; 116586 |
| Wells Fargo & Co. | 17766 | &nbsp;&nbsp; 1607645 |
| Willis Towers Watson PLC | 542 | &nbsp;&nbsp; 172069 |
|  |  | &nbsp;&nbsp; 43266495 |
| **Health Care-9.56%** | **Health Care-9.56%** | **Health Care-9.56%** |
| Abbott Laboratories | 9843 | &nbsp;&nbsp; 1075840 |
| AbbVie, Inc. | 10000 | &nbsp;&nbsp; 2230100 |
| Agilent Technologies, Inc. | 1608 | &nbsp;&nbsp; 215231 |
| Align Technology, Inc.<sup>(b)</sup> | 376 | &nbsp;&nbsp; 61299 |
| Amgen, Inc. | 3045 | &nbsp;&nbsp; 1041025 |
| Baxter International, Inc. | 2910 | &nbsp;&nbsp; 58404 |
| Becton, Dickinson and Co. | 1625 | &nbsp;&nbsp; 330655 |
| Biogen, Inc.<sup>(b)</sup> | 831 | &nbsp;&nbsp; 149489 |
| Bio-Techne Corp. | 882 | &nbsp;&nbsp; 56527 |
| Boston Scientific Corp.<sup>(b)</sup> | 8392 | &nbsp;&nbsp; 784904 |
| Bristol-Myers Squibb Co. | 11524 | &nbsp;&nbsp; 634396 |
| Cardinal Health, Inc. | 1347 | &nbsp;&nbsp; 289443 |
| Cencora, Inc. | 1099 | &nbsp;&nbsp; 394783 |
| Centene Corp.<sup>(b)</sup> | 2642 | &nbsp;&nbsp; 114451 |
| Charles River Laboratories International, Inc.<sup>(b)</sup> | 279 | &nbsp;&nbsp; 58724 |
| Cigna Group (The) | 1510 | &nbsp;&nbsp; 413906 |
| Cooper Cos., Inc. (The)<sup>(b)</sup> | 1126 | &nbsp;&nbsp; 91634 |
| CVS Health Corp. | 7187 | &nbsp;&nbsp; 535575 |
| Danaher Corp. | 3557 | &nbsp;&nbsp; 778592 |
| DaVita, Inc.<sup>(b)</sup> | 202 | &nbsp;&nbsp; 22087 |
| Dexcom, Inc.<sup>(b)</sup> | 2210 | &nbsp;&nbsp; 161418 |
| Edwards Lifesciences Corp.<sup>(b)</sup> | 3283 | &nbsp;&nbsp; 267105 |
| Elevance Health, Inc. | 1255 | &nbsp;&nbsp; 433904 |
| Eli Lilly and Co. | 4491 | &nbsp;&nbsp; 4657841 |
| GE HealthCare Technologies, Inc. | 2579 | &nbsp;&nbsp; 203664 |
| Gilead Sciences, Inc. | 7022 | &nbsp;&nbsp; 996773 |
| HCA Healthcare, Inc. | 903 | &nbsp;&nbsp; 440908 |
| Henry Schein, Inc.<sup>(b)</sup> | 567 | &nbsp;&nbsp; 42797 |
| Hologic, Inc.<sup>(b)</sup> | 1257 | &nbsp;&nbsp; 94187 |
| Humana, Inc. | 679 | &nbsp;&nbsp; 132541 |
| IDEXX Laboratories, Inc.<sup>(b)</sup> | 452 | &nbsp;&nbsp; 303048 |

---

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

------

**Invesco S&P 500 BuyWrite ETF (PBP)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Incyte Corp.<sup>(b)</sup> | 932 | &nbsp;&nbsp; $93265 |
| Insulet Corp.<sup>(b)</sup> | 396 | &nbsp;&nbsp; 101301 |
| Intuitive Surgical, Inc.<sup>(b)</sup> | 2007 | &nbsp;&nbsp; 1011969 |
| IQVIA Holdings, Inc.<sup>(b)</sup> | 962 | &nbsp;&nbsp; 221404 |
| Johnson & Johnson | 13636 | &nbsp;&nbsp; 3098781 |
| Labcorp Holdings, Inc. | 471 | &nbsp;&nbsp; 127886 |
| McKesson Corp. | 696 | &nbsp;&nbsp; 578522 |
| Medtronic PLC | 7260 | &nbsp;&nbsp; 747490 |
| Merck & Co., Inc. | 14045 | &nbsp;&nbsp; 1548742 |
| Mettler-Toledo International, Inc.<sup>(b)</sup> | 113 | &nbsp;&nbsp; 155176 |
| Moderna, Inc.<sup>(b)</sup> | 1969 | &nbsp;&nbsp; 86774 |
| Molina Healthcare, Inc.<sup>(b)</sup> | 291 | &nbsp;&nbsp; 52261 |
| Pfizer, Inc. | 32182 | &nbsp;&nbsp; 850892 |
| Quest Diagnostics, Inc. | 629 | &nbsp;&nbsp; 117642 |
| Regeneron Pharmaceuticals, Inc. | 571 | &nbsp;&nbsp; 423368 |
| ResMed, Inc. | 827 | &nbsp;&nbsp; 213622 |
| Revvity, Inc. | 641 | &nbsp;&nbsp; 69741 |
| Solventum Corp.<sup>(b)</sup> | 835 | &nbsp;&nbsp; 64270 |
| STERIS PLC | 556 | &nbsp;&nbsp; 146006 |
| Stryker Corp. | 1944 | &nbsp;&nbsp; 718425 |
| Thermo Fisher Scientific, Inc. | 2125 | &nbsp;&nbsp; 1229546 |
| UnitedHealth Group, Inc. | 5121 | &nbsp;&nbsp; 1469368 |
| Universal Health Services, Inc., Class B | 312 | &nbsp;&nbsp; 62793 |
| Vertex Pharmaceuticals, Inc.<sup>(b)</sup> | 1436 | &nbsp;&nbsp; 674776 |
| Viatris, Inc. | 6516 | &nbsp;&nbsp; 85294 |
| Waters Corp.<sup>(b)</sup> | 336 | &nbsp;&nbsp; 124562 |
| West Pharmaceutical Services, Inc. | 404 | &nbsp;&nbsp; 93372 |
| Zimmer Biomet Holdings, Inc. | 1122 | &nbsp;&nbsp; 97693 |
| Zoetis, Inc. | 2497 | &nbsp;&nbsp; 311675 |
|  |  | &nbsp;&nbsp; 31647867 |
| **Industrials-8.69%** | **Industrials-8.69%** | **Industrials-8.69%** |
| 3M Co. | 3005 | &nbsp;&nbsp; 460246 |
| A.O. Smith Corp. | 641 | &nbsp;&nbsp; 47107 |
| Allegion PLC | 489 | &nbsp;&nbsp; 80876 |
| AMETEK, Inc. | 1299 | &nbsp;&nbsp; 290950 |
| Automatic Data Processing, Inc. | 2290 | &nbsp;&nbsp; 565218 |
| Axon Enterprise, Inc.<sup>(b)</sup> | 446 | &nbsp;&nbsp; 215677 |
| Boeing Co. (The)<sup>(b)</sup> | 4431 | &nbsp;&nbsp; 1035613 |
| Broadridge Financial Solutions, Inc. | 659 | &nbsp;&nbsp; 129895 |
| Builders FirstSource, Inc.<sup>(b)</sup> | 625 | &nbsp;&nbsp; 71500 |
| C.H. Robinson Worldwide, Inc. | 667 | &nbsp;&nbsp; 130032 |
| Carrier Global Corp. | 4477 | &nbsp;&nbsp; 266740 |
| Caterpillar, Inc. | 2648 | &nbsp;&nbsp; 1740689 |
| Cintas Corp. | 1936 | &nbsp;&nbsp; 370531 |
| Comfort Systems USA, Inc. | 199 | &nbsp;&nbsp; 227278 |
| Copart, Inc.<sup>(b)</sup> | 5037 | &nbsp;&nbsp; 204401 |
| CSX Corp. | 10537 | &nbsp;&nbsp; 397877 |
| Cummins, Inc. | 779 | &nbsp;&nbsp; 450901 |
| Dayforce, Inc.<sup>(b)</sup> | 905 | &nbsp;&nbsp; 62689 |
| Deere & Co. | 1424 | &nbsp;&nbsp; 751872 |
| Delta Air Lines, Inc. | 3674 | &nbsp;&nbsp; 242080 |
| Dover Corp. | 778 | &nbsp;&nbsp; 156759 |
| Eaton Corp. PLC | 2195 | &nbsp;&nbsp; 771367 |
| EMCOR Group, Inc. | 254 | &nbsp;&nbsp; 183065 |
| Emerson Electric Co. | 3180 | &nbsp;&nbsp; 467333 |
| Equifax, Inc. | 691 | &nbsp;&nbsp; 139167 |
| Expeditors International of Washington, Inc. | 761 | &nbsp;&nbsp; 122171 |
| Fastenal Co. | 6495 | &nbsp;&nbsp; 281623 |
| FedEx Corp. | 1227 | &nbsp;&nbsp; 395401 |
| Fortive Corp. | 1797 | &nbsp;&nbsp; 94900 |
| GE Vernova, Inc. | 1534 | &nbsp;&nbsp; 1114252 |
| Generac Holdings, Inc.<sup>(b)</sup> | 331 | &nbsp;&nbsp; 55621 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| General Dynamics Corp. | 1435 | &nbsp;&nbsp; $503814 |
| General Electric Co. | 5966 | &nbsp;&nbsp; 1830309 |
| Honeywell International, Inc. | 3591 | &nbsp;&nbsp; 817024 |
| Howmet Aerospace, Inc. | 2277 | &nbsp;&nbsp; 473798 |
| Hubbell, Inc. | 301 | &nbsp;&nbsp; 146870 |
| Huntington Ingalls Industries, Inc. | 223 | &nbsp;&nbsp; 93774 |
| IDEX Corp. | 421 | &nbsp;&nbsp; 83590 |
| Illinois Tool Works, Inc. | 1493 | &nbsp;&nbsp; 390061 |
| Ingersoll Rand, Inc. | 2036 | &nbsp;&nbsp; 175279 |
| J.B. Hunt Transport Services, Inc. | 423 | &nbsp;&nbsp; 85751 |
| Jacobs Solutions, Inc. | 674 | &nbsp;&nbsp; 91165 |
| Johnson Controls International PLC | 3460 | &nbsp;&nbsp; 412640 |
| L3Harris Technologies, Inc. | 1060 | &nbsp;&nbsp; 363421 |
| Leidos Holdings, Inc. | 720 | &nbsp;&nbsp; 135562 |
| Lennox International, Inc. | 179 | &nbsp;&nbsp; 88619 |
| Lockheed Martin Corp. | 1153 | &nbsp;&nbsp; 731256 |
| Masco Corp. | 1175 | &nbsp;&nbsp; 77656 |
| Nordson Corp. | 302 | &nbsp;&nbsp; 82908 |
| Norfolk Southern Corp. | 1268 | &nbsp;&nbsp; 369292 |
| Northrop Grumman Corp. | 759 | &nbsp;&nbsp; 525425 |
| Old Dominion Freight Line, Inc. | 1044 | &nbsp;&nbsp; 180821 |
| Otis Worldwide Corp. | 2208 | &nbsp;&nbsp; 188607 |
| PACCAR, Inc. | 2971 | &nbsp;&nbsp; 365166 |
| Parker-Hannifin Corp. | 710 | &nbsp;&nbsp; 664446 |
| Paychex, Inc. | 1831 | &nbsp;&nbsp; 188831 |
| Paycom Software, Inc. | 277 | &nbsp;&nbsp; 37326 |
| Pentair PLC | 925 | &nbsp;&nbsp; 97467 |
| Quanta Services, Inc. | 845 | &nbsp;&nbsp; 401062 |
| Republic Services, Inc. | 1140 | &nbsp;&nbsp; 245203 |
| Rockwell Automation, Inc. | 635 | &nbsp;&nbsp; 267748 |
| Rollins, Inc. | 1663 | &nbsp;&nbsp; 105334 |
| RTX Corp. | 7588 | &nbsp;&nbsp; 1524657 |
| Snap-on, Inc. | 295 | &nbsp;&nbsp; 108002 |
| Southwest Airlines Co. | 2926 | &nbsp;&nbsp; 139043 |
| Stanley Black & Decker, Inc. | 877 | &nbsp;&nbsp; 68985 |
| Textron, Inc. | 994 | &nbsp;&nbsp; 87532 |
| Trane Technologies PLC | 1253 | &nbsp;&nbsp; 526987 |
| TransDigm Group, Inc. | 318 | &nbsp;&nbsp; 453958 |
| Uber Technologies, Inc.<sup>(b)</sup> | 11764 | &nbsp;&nbsp; 941708 |
| Union Pacific Corp. | 3360 | &nbsp;&nbsp; 789936 |
| United Airlines Holdings, Inc.<sup>(b)</sup> | 1830 | &nbsp;&nbsp; 187246 |
| United Parcel Service, Inc., Class B | 4180 | &nbsp;&nbsp; 444000 |
| United Rentals, Inc. | 359 | &nbsp;&nbsp; 280759 |
| Veralto Corp. | 1407 | &nbsp;&nbsp; 139265 |
| Verisk Analytics, Inc. | 790 | &nbsp;&nbsp; 171793 |
| W.W. Grainger, Inc. | 247 | &nbsp;&nbsp; 266745 |
| Wabtec Corp. | 966 | &nbsp;&nbsp; 222315 |
| Waste Management, Inc. | 2096 | &nbsp;&nbsp; 465815 |
| Xylem, Inc. | 1379 | &nbsp;&nbsp; 190123 |
|  |  | &nbsp;&nbsp; 28752925 |
| **Information Technology-33.83%** | **Information Technology-33.83%** | **Information Technology-33.83%** |
| Accenture PLC, Class A | 3509 | &nbsp;&nbsp; 925113 |
| Adobe, Inc.<sup>(b)</sup> | 2369 | &nbsp;&nbsp; 694709 |
| Advanced Micro Devices, Inc.<sup>(b)</sup> | 9208 | &nbsp;&nbsp; 2179810 |
| Akamai Technologies, Inc.<sup>(b)</sup> | 816 | &nbsp;&nbsp; 79274 |
| Amphenol Corp., Class A | 6929 | &nbsp;&nbsp; 998330 |
| Analog Devices, Inc. | 2780 | &nbsp;&nbsp; 864246 |
| Apple, Inc. | 83625 | &nbsp;&nbsp; 21699015 |
| Applied Materials, Inc. | 4506 | &nbsp;&nbsp; 1452374 |
| AppLovin Corp., Class A<sup>(b)</sup> | 1531 | &nbsp;&nbsp; 724331 |
| Arista Networks, Inc.<sup>(b)</sup> | 5844 | &nbsp;&nbsp; 828329 |
| Autodesk, Inc.<sup>(b)</sup> | 1205 | &nbsp;&nbsp; 304708 |

---

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

------

**Invesco S&P 500 BuyWrite ETF (PBP)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| Broadcom, Inc. | 26721 | &nbsp;&nbsp; $8852667 |
| Cadence Design Systems, Inc.<sup>(b)</sup> | 1539 | &nbsp;&nbsp; 456098 |
| CDW Corp. | 739 | &nbsp;&nbsp; 93402 |
| Cisco Systems, Inc. | 22305 | &nbsp;&nbsp; 1746928 |
| Cognizant Technology Solutions Corp., Class A | 2728 | &nbsp;&nbsp; 223860 |
| Corning, Inc. | 4414 | &nbsp;&nbsp; 455746 |
| CrowdStrike Holdings, Inc., Class A<sup>(b)</sup> | 1421 | &nbsp;&nbsp; 627237 |
| Datadog, Inc., Class A<sup>(b)</sup> | 1841 | &nbsp;&nbsp; 238078 |
| Dell Technologies, Inc., Class C | 1706 | &nbsp;&nbsp; 195235 |
| EPAM Systems, Inc.<sup>(b)</sup> | 312 | &nbsp;&nbsp; 65083 |
| F5, Inc.<sup>(b)</sup> | 326 | &nbsp;&nbsp; 89849 |
| Fair Isaac Corp.<sup>(b)</sup> | 131 | &nbsp;&nbsp; 191675 |
| First Solar, Inc.<sup>(b)</sup> | 606 | &nbsp;&nbsp; 136665 |
| Fortinet, Inc.<sup>(b)</sup> | 3576 | &nbsp;&nbsp; 290586 |
| Gartner, Inc.<sup>(b)</sup> | 405 | &nbsp;&nbsp; 84892 |
| Gen Digital, Inc. | 3177 | &nbsp;&nbsp; 76216 |
| GoDaddy, Inc., Class A<sup>(b)</sup> | 767 | &nbsp;&nbsp; 77099 |
| Hewlett Packard Enterprise Co. | 7470 | &nbsp;&nbsp; 160754 |
| HP, Inc. | 5289 | &nbsp;&nbsp; 102818 |
| Intel Corp.<sup>(b)</sup> | 25382 | &nbsp;&nbsp; 1179502 |
| International Business Machines Corp. | 5290 | &nbsp;&nbsp; 1622443 |
| Intuit, Inc. | 1575 | &nbsp;&nbsp; 785799 |
| Jabil, Inc. | 604 | &nbsp;&nbsp; 143263 |
| Keysight Technologies, Inc.<sup>(b)</sup> | 971 | &nbsp;&nbsp; 210056 |
| KLA Corp. | 743 | &nbsp;&nbsp; 1060959 |
| Lam Research Corp. | 7103 | &nbsp;&nbsp; 1658266 |
| Microchip Technology, Inc. | 3061 | &nbsp;&nbsp; 232391 |
| Micron Technology, Inc. | 6349 | &nbsp;&nbsp; 2634073 |
| Microsoft Corp. | 42062 | &nbsp;&nbsp; 18098858 |
| Monolithic Power Systems, Inc. | 271 | &nbsp;&nbsp; 304645 |
| Motorola Solutions, Inc. | 942 | &nbsp;&nbsp; 379193 |
| NetApp, Inc. | 1130 | &nbsp;&nbsp; 108876 |
| NVIDIA Corp. | 137508 | &nbsp;&nbsp; 26281904 |
| NXP Semiconductors N.V. (Netherlands) | 1425 | &nbsp;&nbsp; 322250 |
| ON Semiconductor Corp.<sup>(b)</sup> | 2278 | &nbsp;&nbsp; 136429 |
| Oracle Corp. | 9521 | &nbsp;&nbsp; 1566966 |
| Palantir Technologies, Inc., Class A<sup>(b)</sup> | 12918 | &nbsp;&nbsp; 1893650 |
| Palo Alto Networks, Inc.<sup>(b)</sup> | 3869 | &nbsp;&nbsp; 684697 |
| PTC, Inc.<sup>(b)</sup> | 677 | &nbsp;&nbsp; 105700 |
| Qnity Electronics, Inc. | 1185 | &nbsp;&nbsp; 113973 |
| QUALCOMM, Inc. | 6063 | &nbsp;&nbsp; 919090 |
| Roper Technologies, Inc. | 608 | &nbsp;&nbsp; 225708 |
| Salesforce, Inc. | 5381 | &nbsp;&nbsp; 1142332 |
| Sandisk Corp.<sup>(b)</sup> | 786 | &nbsp;&nbsp; 452933 |
| Seagate Technology Holdings PLC | 1232 | &nbsp;&nbsp; 502274 |
| ServiceNow, Inc.<sup>(b)</sup> | 5871 | &nbsp;&nbsp; 686966 |
| Skyworks Solutions, Inc. | 842 | &nbsp;&nbsp; 46950 |
| Super Micro Computer, Inc.<sup>(b)</sup> | 2840 | &nbsp;&nbsp; 82672 |
| Synopsys, Inc.<sup>(b)</sup> | 1048 | &nbsp;&nbsp; 487441 |
| TE Connectivity PLC (Switzerland) | 1667 | &nbsp;&nbsp; 371374 |
| Teledyne Technologies, Inc.<sup>(b)</sup> | 266 | &nbsp;&nbsp; 165000 |
| Teradyne, Inc. | 886 | &nbsp;&nbsp; 213570 |
| Texas Instruments, Inc. | 5145 | &nbsp;&nbsp; 1109005 |
| Trimble, Inc.<sup>(b)</sup> | 1349 | &nbsp;&nbsp; 91192 |
| Tyler Technologies, Inc.<sup>(b)</sup> | 245 | &nbsp;&nbsp; 90503 |
| VeriSign, Inc. | 474 | &nbsp;&nbsp; 115765 |
| Western Digital Corp. | 1937 | &nbsp;&nbsp; 484696 |
| Workday, Inc., Class A<sup>(b)</sup> | 1227 | &nbsp;&nbsp; 215498 |
| Zebra Technologies Corp., Class A<sup>(b)</sup> | 286 | &nbsp;&nbsp; 67204 |
|  |  | &nbsp;&nbsp; 111909193 |
| **Materials-1.99%** | **Materials-1.99%** | **Materials-1.99%** |
| Air Products and Chemicals, Inc. | 1257 | &nbsp;&nbsp; 342532 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Materials-(continued)** | **Materials-(continued)** | **Materials-(continued)** |
| Albemarle Corp. | 664 | &nbsp;&nbsp; $113298 |
| Amcor PLC | 2613 | &nbsp;&nbsp; 115625 |
| Avery Dennison Corp. | 431 | &nbsp;&nbsp; 79955 |
| Ball Corp. | 1515 | &nbsp;&nbsp; 86158 |
| CF Industries Holdings, Inc. | 883 | &nbsp;&nbsp; 82322 |
| Corteva, Inc. | 3824 | &nbsp;&nbsp; 278387 |
| CRH PLC | 3794 | &nbsp;&nbsp; 464424 |
| Dow, Inc. | 4024 | &nbsp;&nbsp; 110861 |
| DuPont de Nemours, Inc. | 2371 | &nbsp;&nbsp; 104134 |
| Ecolab, Inc. | 1443 | &nbsp;&nbsp; 406912 |
| Freeport-McMoRan, Inc. | 8128 | &nbsp;&nbsp; 489549 |
| International Flavors & Fragrances, Inc. | 1449 | &nbsp;&nbsp; 101155 |
| International Paper Co. | 2987 | &nbsp;&nbsp; 120436 |
| Linde PLC | 2643 | &nbsp;&nbsp; 1207772 |
| LyondellBasell Industries N.V., Class A | 1458 | &nbsp;&nbsp; 71442 |
| Martin Marietta Materials, Inc. | 340 | &nbsp;&nbsp; 221663 |
| Mosaic Co. (The) | 1796 | &nbsp;&nbsp; 49390 |
| Newmont Corp. | 6175 | &nbsp;&nbsp; 693761 |
| Nucor Corp. | 1292 | &nbsp;&nbsp; 229614 |
| Packaging Corp. of America | 508 | &nbsp;&nbsp; 113055 |
| PPG Industries, Inc. | 1268 | &nbsp;&nbsp; 146619 |
| Sherwin-Williams Co. (The) | 1301 | &nbsp;&nbsp; 461387 |
| Smurfit WestRock PLC | 2955 | &nbsp;&nbsp; 123017 |
| Steel Dynamics, Inc. | 779 | &nbsp;&nbsp; 139885 |
| Vulcan Materials Co. | 744 | &nbsp;&nbsp; 223602 |
|  |  | &nbsp;&nbsp; 6576955 |
| **Real Estate-1.88%** | **Real Estate-1.88%** | **Real Estate-1.88%** |
| Alexandria Real Estate Equities, Inc. | 881 | &nbsp;&nbsp; 48138 |
| American Tower Corp. | 2649 | &nbsp;&nbsp; 474913 |
| AvalonBay Communities, Inc. | 802 | &nbsp;&nbsp; 142491 |
| BXP, Inc. | 835 | &nbsp;&nbsp; 53999 |
| Camden Property Trust | 601 | &nbsp;&nbsp; 65539 |
| CBRE Group, Inc., Class A<sup>(b)</sup> | 1661 | &nbsp;&nbsp; 282918 |
| CoStar Group, Inc.<sup>(b)</sup> | 2397 | &nbsp;&nbsp; 147416 |
| Crown Castle, Inc. | 2461 | &nbsp;&nbsp; 213639 |
| Digital Realty Trust, Inc. | 1826 | &nbsp;&nbsp; 303025 |
| Equinix, Inc. | 554 | &nbsp;&nbsp; 454795 |
| Equity Residential | 1961 | &nbsp;&nbsp; 122210 |
| Essex Property Trust, Inc. | 363 | &nbsp;&nbsp; 91429 |
| Extra Space Storage, Inc. | 1201 | &nbsp;&nbsp; 165702 |
| Federal Realty Investment Trust | 450 | &nbsp;&nbsp; 45522 |
| Healthpeak Properties, Inc. | 3936 | &nbsp;&nbsp; 67857 |
| Host Hotels & Resorts, Inc. | 3616 | &nbsp;&nbsp; 67005 |
| Invitation Homes, Inc. | 3192 | &nbsp;&nbsp; 85322 |
| Iron Mountain, Inc. | 1675 | &nbsp;&nbsp; 154318 |
| Kimco Realty Corp. | 3832 | &nbsp;&nbsp; 80779 |
| Mid-America Apartment Communities, Inc. | 661 | &nbsp;&nbsp; 88772 |
| Prologis, Inc. | 5257 | &nbsp;&nbsp; 686354 |
| Public Storage | 894 | &nbsp;&nbsp; 246914 |
| Realty Income Corp. | 5208 | &nbsp;&nbsp; 318521 |
| Regency Centers Corp. | 931 | &nbsp;&nbsp; 67842 |
| SBA Communications Corp., Class A | 602 | &nbsp;&nbsp; 110834 |
| Simon Property Group, Inc. | 1846 | &nbsp;&nbsp; 353158 |
| UDR, Inc. | 1703 | &nbsp;&nbsp; 63266 |
| Ventas, Inc. | 2658 | &nbsp;&nbsp; 206447 |
| VICI Properties, Inc. | 6051 | &nbsp;&nbsp; 169912 |
| Welltower, Inc. | 3881 | &nbsp;&nbsp; 731025 |
| Weyerhaeuser Co. | 4080 | &nbsp;&nbsp; 105182 |
|  |  | &nbsp;&nbsp; 6215244 |
| **Utilities-2.28%** | **Utilities-2.28%** | **Utilities-2.28%** |
| AES Corp. (The) | 4031 | &nbsp;&nbsp; 59054 |

---

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

------

**Invesco S&P 500 BuyWrite ETF (PBP)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| Alliant Energy Corp. | 1455 | &nbsp;&nbsp; $95899 |
| Ameren Corp. | 1530 | &nbsp;&nbsp; 158018 |
| American Electric Power Co., Inc. | 3026 | &nbsp;&nbsp; 362439 |
| American Water Works Co., Inc. | 1106 | &nbsp;&nbsp; 142818 |
| Atmos Energy Corp. | 908 | &nbsp;&nbsp; 151037 |
| CenterPoint Energy, Inc. | 3697 | &nbsp;&nbsp; 146734 |
| CMS Energy Corp. | 1723 | &nbsp;&nbsp; 123177 |
| Consolidated Edison, Inc. | 2043 | &nbsp;&nbsp; 217845 |
| Constellation Energy Corp. | 1767 | &nbsp;&nbsp; 495962 |
| Dominion Energy, Inc. | 4836 | &nbsp;&nbsp; 290982 |
| DTE Energy Co. | 1175 | &nbsp;&nbsp; 157896 |
| Duke Energy Corp. | 4401 | &nbsp;&nbsp; 534061 |
| Edison International | 2181 | &nbsp;&nbsp; 135833 |
| Entergy Corp. | 2529 | &nbsp;&nbsp; 242506 |
| Evergy, Inc. | 1299 | &nbsp;&nbsp; 99672 |
| Eversource Energy | 2122 | &nbsp;&nbsp; 146694 |
| Exelon Corp. | 5721 | &nbsp;&nbsp; 256186 |
| FirstEnergy Corp. | 2942 | &nbsp;&nbsp; 139274 |
| NextEra Energy, Inc. | 11790 | &nbsp;&nbsp; 1036341 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| NiSource, Inc. | 2699 | &nbsp;&nbsp; $119539 |
| NRG Energy, Inc. | 1087 | &nbsp;&nbsp; 165909 |
| PG&E Corp. | 12442 | &nbsp;&nbsp; 191856 |
| Pinnacle West Capital Corp. | 675 | &nbsp;&nbsp; 63153 |
| PPL Corp. | 4184 | &nbsp;&nbsp; 151670 |
| Public Service Enterprise Group, Inc. | 2827 | &nbsp;&nbsp; 232832 |
| Sempra | 3696 | &nbsp;&nbsp; 321589 |
| Southern Co. (The) | 6228 | &nbsp;&nbsp; 556223 |
| Vistra Corp. | 1802 | &nbsp;&nbsp; 285347 |
| WEC Energy Group, Inc. | 1840 | &nbsp;&nbsp; 203633 |
| Xcel Energy, Inc. | 3351 | &nbsp;&nbsp; 254877 |
|  |  | &nbsp;&nbsp; 7539056 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.34% <br>(Cost $271,324,167) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.34% <br>(Cost $271,324,167) | &nbsp;&nbsp; 335245150 |
| OTHER ASSETS LESS LIABILITIES-(1.34)% | OTHER ASSETS LESS LIABILITIES-(1.34)% | &nbsp;&nbsp; (4416609)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $330828541 |

---

&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> | 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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| &nbsp;&nbsp; Invesco Ltd. | &nbsp;&nbsp;&nbsp; $18806 | &nbsp;&nbsp;&nbsp; $35417 | &nbsp;&nbsp;&nbsp; $(14704)<br>| &nbsp;&nbsp;&nbsp; $34548 | &nbsp;&nbsp;&nbsp; $(5269)<br>| &nbsp;&nbsp;&nbsp; $68798 | &nbsp;&nbsp;&nbsp; $1309 |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, Institutional <br> Class<br>| &nbsp;&nbsp;&nbsp; 80166 | &nbsp;&nbsp;&nbsp; 18765641 | &nbsp;&nbsp;&nbsp; (18845807)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 7860 |
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $98972 | &nbsp;&nbsp;&nbsp; $18801058 | &nbsp;&nbsp;&nbsp; $(18860511)<br>| &nbsp;&nbsp;&nbsp; $34548 | &nbsp;&nbsp;&nbsp; $(5269)<br>| &nbsp;&nbsp;&nbsp; $68798 | &nbsp;&nbsp;&nbsp; $9169 |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Exchange-Traded Index Options Written** | **Open Exchange-Traded Index Options Written** | **Open Exchange-Traded Index Options Written** | **Open Exchange-Traded Index Options Written** | **Open Exchange-Traded Index Options Written** | **Open Exchange-Traded Index Options Written** |
| **Description** | **Expiration** <br>**Date**<br>| **Number of** <br>**Contracts**<br>| **Exercise** <br>**Price** | **Notional** <br>**Value\*** | **Value** |
| **Equity Risk** | **Equity Risk** |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index<br> &nbsp;&nbsp;&nbsp; Call | 02/20/2026 | &nbsp;&nbsp;&nbsp; 483 | $6945 | $(335443500)<br>| &nbsp;&nbsp;&nbsp; $(4491900)<br>|

---

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

\* Notional Value is calculated by multiplying the Number of Contracts by the Exercise Price by the multiplier.

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 500**<sup>®</sup> **Quality ETF (SPHQ)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.92%** | **Common Stocks & Other Equity Interests-99.92%** | **Common Stocks & Other Equity Interests-99.92%** |
| **Communication Services-0.48%** | **Communication Services-0.48%** | **Communication Services-0.48%** |
| Electronic Arts, Inc. | 370907 | &nbsp;&nbsp; $75635355 |
| **Consumer Discretionary-4.94%** | **Consumer Discretionary-4.94%** | **Consumer Discretionary-4.94%** |
| Airbnb, Inc., Class A<sup>(b)</sup> | 704921 | &nbsp;&nbsp; 91195630 |
| Best Buy Co., Inc. | 330756 | &nbsp;&nbsp; 21532216 |
| Deckers Outdoor Corp.<sup>(b)</sup> | 264461 | &nbsp;&nbsp; 31560776 |
| eBay, Inc. | 1054530 | &nbsp;&nbsp; 96194227 |
| Expedia Group, Inc. | 210904 | &nbsp;&nbsp; 55855815 |
| lululemon athletica, Inc.<sup>(b)</sup> | 175276 | &nbsp;&nbsp; 30585662 |
| NVR, Inc.<sup>(b)</sup> | 4530 | &nbsp;&nbsp; 34589857 |
| Pool Corp. | 61639 | &nbsp;&nbsp; 15661853 |
| Ralph Lauren Corp. | 69838 | &nbsp;&nbsp; 24681447 |
| TJX Cos., Inc. (The) | 1893529 | &nbsp;&nbsp; 283669579 |
| Ulta Beauty, Inc.<sup>(b)</sup> | 69213 | &nbsp;&nbsp; 44805728 |
| Williams-Sonoma, Inc.<sup>(c)</sup> | 253684 | &nbsp;&nbsp; 51916431 |
|  |  | &nbsp;&nbsp; 782249221 |
| **Consumer Staples-15.76%** | **Consumer Staples-15.76%** | **Consumer Staples-15.76%** |
| Church & Dwight Co., Inc. | 429497 | &nbsp;&nbsp; 41339086 |
| Coca-Cola Co. (The) | 7030062 | &nbsp;&nbsp; 525918938 |
| Colgate-Palmolive Co. | 1382429 | &nbsp;&nbsp; 124819515 |
| Constellation Brands, Inc., Class A | 253663 | &nbsp;&nbsp; 39748992 |
| Costco Wholesale Corp. | 787319 | &nbsp;&nbsp; 740276690 |
| Dollar Tree, Inc.<sup>(b)(c)</sup> | 348972 | &nbsp;&nbsp; 41035618 |
| Kenvue, Inc. | 2973166 | &nbsp;&nbsp; 51733088 |
| Kimberly-Clark Corp. | 674189 | &nbsp;&nbsp; 67412158 |
| Mondelez International, Inc., Class A | 2151035 | &nbsp;&nbsp; 125771017 |
| Monster Beverage Corp.<sup>(b)</sup> | 1775895 | &nbsp;&nbsp; 143421280 |
| Procter & Gamble Co. (The) | 3904881 | &nbsp;&nbsp; 592643789 |
|  |  | &nbsp;&nbsp; 2494120171 |
| **Energy-0.59%** | **Energy-0.59%** | **Energy-0.59%** |
| EOG Resources, Inc. | 832377 | &nbsp;&nbsp; 93334433 |
| **Financials-14.49%** | **Financials-14.49%** | **Financials-14.49%** |
| Allstate Corp. (The) | 537580 | &nbsp;&nbsp; 106973044 |
| Ameriprise Financial, Inc. | 211497 | &nbsp;&nbsp; 111499103 |
| Arch Capital Group Ltd.<sup>(b)(c)</sup> | 601933 | &nbsp;&nbsp; 57809645 |
| Erie Indemnity Co., Class A<sup>(c)</sup> | 52690 | &nbsp;&nbsp; 14911797 |
| FactSet Research Systems, Inc. | 58605 | &nbsp;&nbsp; 14906768 |
| Jack Henry & Associates, Inc. | 120362 | &nbsp;&nbsp; 21570074 |
| Mastercard, Inc., Class A | 1425402 | &nbsp;&nbsp; 767992344 |
| Moody's Corp. | 309460 | &nbsp;&nbsp; 159545198 |
| Progressive Corp. (The) | 1159236 | &nbsp;&nbsp; 241121088 |
| T. Rowe Price Group, Inc.<sup>(c)</sup> | 358203 | &nbsp;&nbsp; 37854893 |
| Visa, Inc., Class A | 2357667 | &nbsp;&nbsp; 758767971 |
|  |  | &nbsp;&nbsp; 2292951925 |
| **Health Care-9.54%** | **Health Care-9.54%** | **Health Care-9.54%** |
| Bio-Techne Corp.<sup>(c)</sup> | 271660 | &nbsp;&nbsp; 17410689 |
| Cencora, Inc. | 356316 | &nbsp;&nbsp; 127995834 |
| Gilead Sciences, Inc. | 2884386 | &nbsp;&nbsp; 409438593 |
| IDEXX Laboratories, Inc.<sup>(b)</sup> | 180170 | &nbsp;&nbsp; 120796778 |
| Incyte Corp.<sup>(b)</sup> | 362678 | &nbsp;&nbsp; 36293187 |
| Merck & Co., Inc. | 4358589 | &nbsp;&nbsp; 480621609 |
| ResMed, Inc.<sup>(c)</sup> | 250790 | &nbsp;&nbsp; 64781565 |
| Revvity, Inc.<sup>(c)</sup> | 205421 | &nbsp;&nbsp; 22349805 |
| Solventum Corp.<sup>(b)</sup> | 319128 | &nbsp;&nbsp; 24563282 |
| STERIS PLC | 189111 | &nbsp;&nbsp; 49660549 |
| Waters Corp.<sup>(b)</sup> | 103509 | &nbsp;&nbsp; 38372856 |
| Zoetis, Inc. | 947972 | &nbsp;&nbsp; 118325865 |
|  |  | &nbsp;&nbsp; 1510610612 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-23.14%** | **Industrials-23.14%** | **Industrials-23.14%** |
| 3M Co. | 1324042 | &nbsp;&nbsp; $202790273 |
| AMETEK, Inc. | 372855 | &nbsp;&nbsp; 83512063 |
| Broadridge Financial Solutions, Inc. | 185955 | &nbsp;&nbsp; 36653590 |
| C.H. Robinson Worldwide, Inc. | 194616 | &nbsp;&nbsp; 37940389 |
| Caterpillar, Inc. | 704743 | &nbsp;&nbsp; 463269858 |
| Cintas Corp. | 585169 | &nbsp;&nbsp; 111995495 |
| Dover Corp. | 201881 | &nbsp;&nbsp; 40677003 |
| Eaton Corp. PLC | 631014 | &nbsp;&nbsp; 221750940 |
| EMCOR Group, Inc. | 88190 | &nbsp;&nbsp; 63561179 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington, <br> Inc.<br>| 225266 | &nbsp;&nbsp; 36164204 |
| Fastenal Co. | 1938837 | &nbsp;&nbsp; 84067972 |
| GE Vernova, Inc. | 482837 | &nbsp;&nbsp; 350718312 |
| Generac Holdings, Inc.<sup>(b)</sup> | 85871 | &nbsp;&nbsp; 14429763 |
| General Electric Co. | 2381246 | &nbsp;&nbsp; 730542460 |
| Hubbell, Inc.<sup>(c)</sup> | 89953 | &nbsp;&nbsp; 43891667 |
| Illinois Tool Works, Inc. | 606608 | &nbsp;&nbsp; 158482406 |
| J.B. Hunt Transport Services, Inc. | 109508 | &nbsp;&nbsp; 22199462 |
| Jacobs Solutions, Inc. | 243337 | &nbsp;&nbsp; 32913762 |
| Johnson Controls International PLC | 1196799 | &nbsp;&nbsp; 142730249 |
| Leidos Holdings, Inc. | 201131 | &nbsp;&nbsp; 37868945 |
| Lennox International, Inc. | 69522 | &nbsp;&nbsp; 34418952 |
| Parker-Hannifin Corp. | 197847 | &nbsp;&nbsp; 185153136 |
| Paycom Software, Inc.<sup>(c)</sup> | 81217 | &nbsp;&nbsp; 10943991 |
| Rockwell Automation, Inc. | 185084 | &nbsp;&nbsp; 78040668 |
| Snap-on, Inc. | 83177 | &nbsp;&nbsp; 30451931 |
| Trane Technologies PLC | 436597 | &nbsp;&nbsp; 183623966 |
| United Parcel Service, Inc., Class B | 1297299 | &nbsp;&nbsp; 137799100 |
| W.W. Grainger, Inc. | 78485 | &nbsp;&nbsp; 84759091 |
|  |  | &nbsp;&nbsp; 3661350827 |
| **Information Technology-27.79%** | **Information Technology-27.79%** | **Information Technology-27.79%** |
| Accenture PLC, Class A | 968475 | &nbsp;&nbsp; 255328749 |
| Adobe, Inc.<sup>(b)</sup> | 973884 | &nbsp;&nbsp; 285591483 |
| Apple, Inc. | 2754777 | &nbsp;&nbsp; 714809536 |
| Applied Materials, Inc. | 1176347 | &nbsp;&nbsp; 379160165 |
| AppLovin Corp., Class A<sup>(b)</sup> | 579924 | &nbsp;&nbsp; 274367844 |
| Cisco Systems, Inc. | 6421145 | &nbsp;&nbsp; 502904076 |
| F5, Inc.<sup>(b)(c)</sup> | 82452 | &nbsp;&nbsp; 22724596 |
| Fortinet, Inc.<sup>(b)</sup> | 1680890 | &nbsp;&nbsp; 136589121 |
| Gartner, Inc.<sup>(b)</sup> | 146373 | &nbsp;&nbsp; 30681245 |
| KLA Corp. | 309983 | &nbsp;&nbsp; 442637125 |
| Lam Research Corp. | 2634344 | &nbsp;&nbsp; 615013950 |
| Motorola Solutions, Inc. | 278832 | &nbsp;&nbsp; 112241033 |
| NetApp, Inc. | 478415 | &nbsp;&nbsp; 46095285 |
| QUALCOMM, Inc. | 1877121 | &nbsp;&nbsp; 284552772 |
| Skyworks Solutions, Inc. | 238913 | &nbsp;&nbsp; 13321789 |
| Trimble, Inc.<sup>(b)</sup> | 449455 | &nbsp;&nbsp; 30383158 |
| Tyler Technologies, Inc.<sup>(b)</sup> | 74211 | &nbsp;&nbsp; 27413543 |
| Western Digital Corp. | 822415 | &nbsp;&nbsp; 205792906 |
| Zebra Technologies Corp., Class A<sup>(b)</sup> | 76879 | &nbsp;&nbsp; 18065028 |
|  |  | &nbsp;&nbsp; 4397673404 |
| **Materials-2.26%** | **Materials-2.26%** | **Materials-2.26%** |
| CF Industries Holdings, Inc. | 301585 | &nbsp;&nbsp; 28116770 |
| Corteva, Inc. | 1134590 | &nbsp;&nbsp; 82598152 |
| Newmont Corp. | 1818779 | &nbsp;&nbsp; 204339821 |
| PPG Industries, Inc.<sup>(c)</sup> | 366777 | &nbsp;&nbsp; 42410424 |
|  |  | &nbsp;&nbsp; 357465167 |

---

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

------

**Invesco S&P 500**<sup>®</sup> **Quality ETF (SPHQ)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-0.93%** | **Utilities-0.93%** | **Utilities-0.93%** |
| Constellation Energy Corp. | 525618 | &nbsp;&nbsp; $147530460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $13,623,457,676) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $13,623,457,676) | &nbsp;&nbsp; 15812921575 |
| **Money Market Funds-0.03%** | **Money Market Funds-0.03%** | **Money Market Funds-0.03%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(d)(e)</sup> <br>(Cost $5,377,941)<br>| 5377941 | &nbsp;&nbsp; 5377941 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.95% <br>(Cost $13,628,835,617) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.95% <br>(Cost $13,628,835,617) | &nbsp;&nbsp; 15818299516 |
| **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-0.69%** | **Money Market Funds-0.69%** | **Money Market Funds-0.69%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 5181041 | &nbsp;&nbsp; 5181041 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| &nbsp;&nbsp;&nbsp; Invesco Private Prime Fund, <br> 3.80%<sup>(d)(e)(f)</sup><br>| 103205887 | &nbsp;&nbsp; $103236849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $108,417,890) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $108,417,890) | &nbsp;&nbsp; 108417890 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.64% <br>(Cost $13,737,253,507) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.64% <br>(Cost $13,737,253,507) | &nbsp;&nbsp; 15926717406 |
| OTHER ASSETS LESS LIABILITIES-(0.64)% | OTHER ASSETS LESS LIABILITIES-(0.64)% | &nbsp;&nbsp; (100858358)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $15825859048 |

---

&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 January 31, 2026. |
| <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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<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; $9446281 | &nbsp;&nbsp;&nbsp; $204043639 | &nbsp;&nbsp;&nbsp; $(208111979)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $5377941 | &nbsp;&nbsp;&nbsp; $337354 |
| **Investments** <br> **Purchased with Cash** <br> **Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 50597862 | &nbsp;&nbsp;&nbsp; 527560580 | &nbsp;&nbsp;&nbsp; (572977401)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 5181041 | &nbsp;&nbsp;&nbsp; 899,752<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime <br> Fund<br>| &nbsp;&nbsp;&nbsp; 131318020 | &nbsp;&nbsp;&nbsp; 1064155860 | &nbsp;&nbsp;&nbsp; (1092240231)<br>| &nbsp;&nbsp;&nbsp; 4326 | &nbsp;&nbsp;&nbsp; (1126)<br>| &nbsp;&nbsp;&nbsp; 103236849 | &nbsp;&nbsp;&nbsp; 2,463,897<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $191362163 | &nbsp;&nbsp;&nbsp; $1795760079 | &nbsp;&nbsp;&nbsp; $(1873329611)<br>| &nbsp;&nbsp;&nbsp; $4326 | &nbsp;&nbsp;&nbsp; $(1126)<br>| &nbsp;&nbsp;&nbsp; $113795831 | &nbsp;&nbsp;&nbsp; $3701003 |

---

&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 January 31, 2026. <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 Spin-Off ETF (CSD)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.95%** | **Common Stocks & Other Equity Interests-99.95%** | **Common Stocks & Other Equity Interests-99.95%** |
| **Communication Services-3.58%** | **Communication Services-3.58%** | **Communication Services-3.58%** |
| Versant Media Group, Inc.<sup>(b)</sup> | 101231 | &nbsp;&nbsp; $3298106 |
| **Consumer Discretionary-6.36%** | **Consumer Discretionary-6.36%** | **Consumer Discretionary-6.36%** |
| Liberty Live Holdings, Inc., Class C<sup>(b)</sup> | 38934 | &nbsp;&nbsp; 3215170 |
| Phinia, Inc. | 37007 | &nbsp;&nbsp; 2633788 |
|  |  | &nbsp;&nbsp; 5848958 |
| **Financials-2.77%** | **Financials-2.77%** | **Financials-2.77%** |
| NCR Atleos Corp.<sup>(b)(c)</sup> | 68432 | &nbsp;&nbsp; 2552514 |
| **Health Care-11.02%** | **Health Care-11.02%** | **Health Care-11.02%** |
| Embecta Corp. | 39432 | &nbsp;&nbsp; 418373 |
| Enhabit, Inc.<sup>(b)(c)</sup> | 20074 | &nbsp;&nbsp; 213386 |
| Fortrea Holdings, Inc.<sup>(b)</sup> | 95254 | &nbsp;&nbsp; 1601220 |
| GE HealthCare Technologies, Inc. | 53971 | &nbsp;&nbsp; 4262090 |
| Solventum Corp.<sup>(b)</sup> | 47373 | &nbsp;&nbsp; 3646300 |
|  |  | &nbsp;&nbsp; 10141369 |
| **Industrials-38.46%** | **Industrials-38.46%** | **Industrials-38.46%** |
| Amentum Holdings, Inc.<sup>(b)</sup> | 123302 | &nbsp;&nbsp; 4411745 |
| Crane Co. | 32114 | &nbsp;&nbsp; 5865301 |
| ESAB Corp. | 32946 | &nbsp;&nbsp; 3989761 |
| Everus Construction Group, Inc.<sup>(b)(c)</sup> | 37014 | &nbsp;&nbsp; 3275369 |
| GE Vernova, Inc. | 7498 | &nbsp;&nbsp; 5446322 |
| MasterBrand, Inc.<sup>(b)(c)</sup> | 128888 | &nbsp;&nbsp; 1562123 |
| RXO, Inc.<sup>(b)(c)</sup> | 163587 | &nbsp;&nbsp; 2385098 |
| U-Haul Holding Co., Series N | 69306 | &nbsp;&nbsp; 3556091 |
| Veralto Corp. | 44156 | &nbsp;&nbsp; 4370561 |
| Vestis Corp.<sup>(c)</sup> | 81571 | &nbsp;&nbsp; 532659 |
|  |  | &nbsp;&nbsp; 35395030 |
| **Information Technology-17.29%** | **Information Technology-17.29%** | **Information Technology-17.29%** |
| Qnity Electronics, Inc. | 47284 | &nbsp;&nbsp; 4547775 |
| Ralliant Corp. | 69500 | &nbsp;&nbsp; 3681415 |
| Sandisk Corp.<sup>(b)</sup> | 13338 | &nbsp;&nbsp; 7686023 |
|  |  | &nbsp;&nbsp; 15915213 |
| **Materials-8.28%** | **Materials-8.28%** | **Materials-8.28%** |
| Knife River Corp.<sup>(b)</sup> | 42801 | &nbsp;&nbsp; 2874943 |
| Solstice Advanced Materials, Inc.<sup>(b)</sup> | 76771 | &nbsp;&nbsp; 4742145 |
|  |  | &nbsp;&nbsp; 7617088 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate-6.20%** | **Real Estate-6.20%** | **Real Estate-6.20%** |
| Curbline Properties Corp.<sup>(c)</sup> | 96472 | &nbsp;&nbsp; $2339446 |
| Millrose Properties, Inc. | 113058 | &nbsp;&nbsp; 3369128 |
|  |  | &nbsp;&nbsp; 5708574 |
| **Utilities-5.99%** | **Utilities-5.99%** | **Utilities-5.99%** |
| Constellation Energy Corp. | 19639 | &nbsp;&nbsp; 5512274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $65,417,368) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $65,417,368) | &nbsp;&nbsp; 91989126 |
| **Money Market Funds-0.10%** | **Money Market Funds-0.10%** | **Money Market Funds-0.10%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(d)(e)</sup> <br>(Cost $94,668)<br>| 94668 | &nbsp;&nbsp; 94668 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral from <br> securities on loan)-100.05% <br>(Cost $65,512,036) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral from <br> securities on loan)-100.05% <br>(Cost $65,512,036) | &nbsp;&nbsp; 92083794 |
| **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-5.80%** | **Money Market Funds-5.80%** | **Money Market Funds-5.80%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 1480591 | &nbsp;&nbsp; 1480591 |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup> | 3856016 | &nbsp;&nbsp; 3857173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $5,337,764) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $5,337,764) | &nbsp;&nbsp; 5337764 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.85% <br>(Cost $70,849,800) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.85% <br>(Cost $70,849,800) | &nbsp;&nbsp; 97421558 |
| OTHER ASSETS LESS LIABILITIES-(5.85)% | OTHER ASSETS LESS LIABILITIES-(5.85)% | &nbsp;&nbsp; (5388312)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $92033246 |

---

&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 January 31, 2026. |
| <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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, Institutional <br> Class<br>| &nbsp;&nbsp;&nbsp; $18848 | &nbsp;&nbsp;&nbsp; $766511 | &nbsp;&nbsp;&nbsp; $(690691)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $94668 | &nbsp;&nbsp;&nbsp; $1781 |

---

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

------

**Invesco S&P Spin-Off ETF (CSD)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **April 30, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br>| **Realized**<br> **Gain**<br>| **Value**<br> **January 31, 2026**<br>| **Dividend Income** |
| **Investments Purchased with** <br> **Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; $4518892 | &nbsp;&nbsp;&nbsp; $22008124 | &nbsp;&nbsp;&nbsp; $(25046425)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1480591 | &nbsp;&nbsp;&nbsp; $75,406<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 11750705 | &nbsp;&nbsp;&nbsp; 50014978 | &nbsp;&nbsp;&nbsp; (57909400)<br>| &nbsp;&nbsp;&nbsp; 392 | &nbsp;&nbsp;&nbsp; 498 | &nbsp;&nbsp;&nbsp; 3857173 | &nbsp;&nbsp;&nbsp; 204,385<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $16288445 | &nbsp;&nbsp;&nbsp; $72789613 | &nbsp;&nbsp;&nbsp; $(83646516)<br>| &nbsp;&nbsp;&nbsp; $392 | &nbsp;&nbsp;&nbsp; $498 | &nbsp;&nbsp;&nbsp; $5432432 | &nbsp;&nbsp;&nbsp; $281572 |

---

&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 January 31, 2026. <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 Water Resources ETF (PHO)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.97%** | **Common Stocks & Other Equity Interests-99.97%** | **Common Stocks & Other Equity Interests-99.97%** |
| **Building Products-9.03%** | **Building Products-9.03%** | **Building Products-9.03%** |
| A.O. Smith Corp. | 1025701 | &nbsp;&nbsp; $75378766 |
| Advanced Drainage Systems, Inc. | 558303 | &nbsp;&nbsp; 84884388 |
| Zurn Elkay Water Solutions Corp. | 724161 | &nbsp;&nbsp; 33391064 |
|  |  | &nbsp;&nbsp; 193654218 |
| **Chemicals-9.04%** | **Chemicals-9.04%** | **Chemicals-9.04%** |
| Ecolab, Inc. | 621501 | &nbsp;&nbsp; 175257067 |
| Hawkins, Inc. | 142211 | &nbsp;&nbsp; 18522983 |
|  |  | &nbsp;&nbsp; 193780050 |
| **Commercial Services & Supplies-7.45%** | **Commercial Services & Supplies-7.45%** | **Commercial Services & Supplies-7.45%** |
| Tetra Tech, Inc.<sup>(b)</sup> | 2023530 | &nbsp;&nbsp; 76206140 |
| Veralto Corp. | 844820 | &nbsp;&nbsp; 83620283 |
|  |  | &nbsp;&nbsp; 159826423 |
| **Construction & Engineering-7.48%** | **Construction & Engineering-7.48%** | **Construction & Engineering-7.48%** |
| AECOM | 829190 | &nbsp;&nbsp; 79958792 |
| NWPX Infrastructure, Inc.<sup>(b)(c)</sup> | 46533 | &nbsp;&nbsp; 3138651 |
| Stantec, Inc. (Canada) | 170936 | &nbsp;&nbsp; 16936339 |
| Valmont Industries, Inc. | 135333 | &nbsp;&nbsp; 60298971 |
|  |  | &nbsp;&nbsp; 160332753 |
| **Electronic Equipment, Instruments & Components-6.02%** | **Electronic Equipment, Instruments & Components-6.02%** | **Electronic Equipment, Instruments & Components-6.02%** |
| Badger Meter, Inc.<sup>(b)</sup> | 297285 | &nbsp;&nbsp; 43576035 |
| Itron, Inc.<sup>(b)(c)</sup> | 863430 | &nbsp;&nbsp; 85548645 |
|  |  | &nbsp;&nbsp; 129124680 |
| **Life Sciences Tools & Services-6.93%** | **Life Sciences Tools & Services-6.93%** | **Life Sciences Tools & Services-6.93%** |
| Waters Corp.<sup>(c)</sup> | 400930 | &nbsp;&nbsp; 148632770 |
| **Machinery-21.28%** | **Machinery-21.28%** | **Machinery-21.28%** |
| Energy Recovery, Inc.<sup>(c)</sup> | 437982 | &nbsp;&nbsp; 6390157 |
| Franklin Electric Co., Inc. | 192805 | &nbsp;&nbsp; 19207234 |
| Gorman-Rupp Co. (The) | 68907 | &nbsp;&nbsp; 3754742 |
| IDEX Corp. | 491631 | &nbsp;&nbsp; 97613335 |
| Lindsay Corp.<sup>(b)</sup> | 124276 | &nbsp;&nbsp; 15568055 |
| Mueller Industries, Inc. | 561395 | &nbsp;&nbsp; 76428315 |
| Mueller Water Products, Inc., Class A | 1063796 | &nbsp;&nbsp; 28796958 |
| Pentair PLC | 812571 | &nbsp;&nbsp; 85620606 |
| Watts Water Technologies, Inc., Class A | 130974 | &nbsp;&nbsp; 39201828 |
| Xylem, Inc. | 607881 | &nbsp;&nbsp; 83808554 |
|  |  | &nbsp;&nbsp; 456389784 |
| **Software-6.64%** | **Software-6.64%** | **Software-6.64%** |
| Roper Technologies, Inc. | 383257 | &nbsp;&nbsp; 142276496 |
| **Trading Companies & Distributors-12.40%** | **Trading Companies & Distributors-12.40%** | **Trading Companies & Distributors-12.40%** |
| Core & Main, Inc., Class A<sup>(b)(c)</sup> | 1768926 | &nbsp;&nbsp; 94389891 |
| Ferguson Enterprises, Inc. | 679526 | &nbsp;&nbsp; 171553134 |
|  |  | &nbsp;&nbsp; 265943025 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Water Utilities-13.70%** | **Water Utilities-13.70%** | **Water Utilities-13.70%** |
| American States Water Co. | 242060 | &nbsp;&nbsp; $17660698 |
| American Water Works Co., Inc. | 1155295 | &nbsp;&nbsp; 149183243 |
| California Water Service Group | 311454 | &nbsp;&nbsp; 13921994 |
| &nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de <br> Sao Paulo SABESP, ADR (Brazil)<sup>(b)</sup><br>| 796830 | &nbsp;&nbsp; 21402854 |
| Consolidated Water Co. Ltd. | 79900 | &nbsp;&nbsp; 3026612 |
| Essential Utilities, Inc. | 1705117 | &nbsp;&nbsp; 66141488 |
| H2O America | 251872 | &nbsp;&nbsp; 13107419 |
| Middlesex Water Co.<sup>(b)</sup> | 127863 | &nbsp;&nbsp; 6697464 |
| York Water Co. (The)<sup>(b)</sup> | 74622 | &nbsp;&nbsp; 2505807 |
|  |  | &nbsp;&nbsp; 293647579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $1,637,833,226) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $1,637,833,226) | &nbsp;&nbsp; 2143607778 |
| **Money Market Funds-0.06%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(d)(e)</sup> <br>(Cost $1,231,169)<br>| 1231169 | &nbsp;&nbsp; 1231169 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.03% <br>(Cost $1,639,064,395) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.03% <br>(Cost $1,639,064,395) | &nbsp;&nbsp; 2144838947 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-0.81%** | **Money Market Funds-0.81%** | **Money Market Funds-0.81%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 4634555 | &nbsp;&nbsp; 4634555 |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup> | 12838248 | &nbsp;&nbsp; 12842099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $17,476,654) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $17,476,654) | &nbsp;&nbsp; 17476654 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.84% <br>(Cost $1,656,541,049) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.84% <br>(Cost $1,656,541,049) | &nbsp;&nbsp; 2162315601 |
| OTHER ASSETS LESS LIABILITIES-(0.84)% | OTHER ASSETS LESS LIABILITIES-(0.84)% | &nbsp;&nbsp; (17977734)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $2144337867 |

---

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

Investment Abbreviations: <br> ADR -American Depositary Receipt

&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 January 31, 2026. |
| <sup>(c)</sup> | Non-income producing security. |
| <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 nine months ended January 31, 2026.<br>|

---

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

------

**Invesco Water Resources ETF (PHO)—(continued)**

January 31, 2026

*(Unaudited)*

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $1261782 | &nbsp;&nbsp;&nbsp; $27297863 | &nbsp;&nbsp;&nbsp; $(27328476)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1231169 | &nbsp;&nbsp;&nbsp; $54088 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 13670601 | &nbsp;&nbsp;&nbsp; 212438936 | &nbsp;&nbsp;&nbsp; (221474982)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 4634555 | &nbsp;&nbsp;&nbsp; 357,743<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 34437994 | &nbsp;&nbsp;&nbsp; 474136491 | &nbsp;&nbsp;&nbsp; (495735521)<br>| &nbsp;&nbsp;&nbsp; 1865 | &nbsp;&nbsp;&nbsp; 1270 | &nbsp;&nbsp;&nbsp; 12842099 | &nbsp;&nbsp;&nbsp; 938,887<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $49370377 | &nbsp;&nbsp;&nbsp; $713873290 | &nbsp;&nbsp;&nbsp; $(744538979)<br>| &nbsp;&nbsp;&nbsp; $1865 | &nbsp;&nbsp;&nbsp; $1270 | &nbsp;&nbsp;&nbsp; $18707823 | &nbsp;&nbsp;&nbsp; $1350718 |

---

&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 January 31, 2026. <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 WilderHill Clean Energy ETF (PBW)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-100.03%** | **Common Stocks & Other Equity Interests-100.03%** | **Common Stocks & Other Equity Interests-100.03%** |
| **Aerospace & Defense-1.32%** | **Aerospace & Defense-1.32%** | **Aerospace & Defense-1.32%** |
| Archer Aviation, Inc., Class A<sup>(b)(c)</sup> | 1300048 | &nbsp;&nbsp; $9347345 |
| **Automobile Components-3.98%** | **Automobile Components-3.98%** | **Automobile Components-3.98%** |
| Gentherm, Inc.<sup>(b)</sup> | 292205 | &nbsp;&nbsp; 9338872 |
| QuantumScape Corp.<sup>(b)(c)</sup> | 936065 | &nbsp;&nbsp; 8284175 |
| Solid Power, Inc.<sup>(b)(c)</sup> | 2346354 | &nbsp;&nbsp; 10511666 |
|  |  | &nbsp;&nbsp; 28134713 |
| **Automobiles-6.82%** | **Automobiles-6.82%** | **Automobiles-6.82%** |
| NIO, Inc., ADR (China)<sup>(b)(c)</sup> | 2154779 | &nbsp;&nbsp; 10127461 |
| Niu Technologies, ADR (China)<sup>(b)</sup> | 3500627 | &nbsp;&nbsp; 11587075 |
| Rivian Automotive, Inc., Class A<sup>(b)</sup> | 495344 | &nbsp;&nbsp; 7306324 |
| Tesla, Inc.<sup>(b)</sup> | 22007 | &nbsp;&nbsp; 9472033 |
| XPeng, Inc., ADR (China)<sup>(b)(c)</sup> | 538166 | &nbsp;&nbsp; 9676225 |
|  |  | &nbsp;&nbsp; 48169118 |
| **Chemicals-5.27%** | **Chemicals-5.27%** | **Chemicals-5.27%** |
| Albemarle Corp. | 74141 | &nbsp;&nbsp; 12650679 |
| Aspen Aerogels, Inc.<sup>(b)(c)</sup> | 3801363 | &nbsp;&nbsp; 12810593 |
| &nbsp;&nbsp;&nbsp; Sociedad Quimica y Minera de Chile S.A., <br> ADR (Chile)<sup>(b)</sup><br>| 153457 | &nbsp;&nbsp; 11791636 |
|  |  | &nbsp;&nbsp; 37252908 |
| **Construction & Engineering-7.13%** | **Construction & Engineering-7.13%** | **Construction & Engineering-7.13%** |
| Ameresco, Inc., Class A<sup>(b)</sup> | 358721 | &nbsp;&nbsp; 11242316 |
| Cadeler A/S, ADR (Denmark)<sup>(b)(c)</sup> | 624410 | &nbsp;&nbsp; 14923399 |
| MYR Group, Inc.<sup>(b)(c)</sup> | 48638 | &nbsp;&nbsp; 12161446 |
| Quanta Services, Inc. | 25379 | &nbsp;&nbsp; 12045635 |
|  |  | &nbsp;&nbsp; 50372796 |
| **Electrical Equipment-33.24%** | **Electrical Equipment-33.24%** | **Electrical Equipment-33.24%** |
| American Superconductor Corp.<sup>(b)</sup> | 344774 | &nbsp;&nbsp; 10315638 |
| Amprius Technologies, Inc.<sup>(b)(c)</sup> | 1187844 | &nbsp;&nbsp; 14776779 |
| Array Technologies, Inc.<sup>(b)(c)</sup> | 1151931 | &nbsp;&nbsp; 13045619 |
| Ballard Power Systems, Inc. (Canada)<sup>(b)(c)</sup> | 4120780 | &nbsp;&nbsp; 9601417 |
| Bloom Energy Corp., Class A<sup>(b)</sup> | 118345 | &nbsp;&nbsp; 17913883 |
| Energy Vault Holdings, Inc.<sup>(b)(c)</sup> | 2388034 | &nbsp;&nbsp; 11223760 |
| Enovix Corp.<sup>(b)(c)</sup> | 1291792 | &nbsp;&nbsp; 8551663 |
| Eos Energy Enterprises, Inc.<sup>(b)(c)</sup> | 852237 | &nbsp;&nbsp; 12476750 |
| Fluence Energy, Inc.<sup>(b)(c)</sup> | 537161 | &nbsp;&nbsp; 16528444 |
| FuelCell Energy, Inc.<sup>(b)(c)</sup> | 1286909 | &nbsp;&nbsp; 10539785 |
| Hyliion Holdings Corp.<sup>(b)(c)</sup> | 5837684 | &nbsp;&nbsp; 11967252 |
| Nextpower, Inc., Class A<sup>(b)</sup> | 125426 | &nbsp;&nbsp; 14686130 |
| Plug Power, Inc.<sup>(b)(c)</sup> | 5175403 | &nbsp;&nbsp; 10945977 |
| Powell Industries, Inc. | 32608 | &nbsp;&nbsp; 14464583 |
| Preformed Line Products Co. | 50494 | &nbsp;&nbsp; 12670964 |
| SES AI Corp.<sup>(b)</sup> | 5553505 | &nbsp;&nbsp; 11273615 |
| &nbsp;&nbsp;&nbsp; Shoals Technologies Group, Inc., <br> Class A<sup>(b)</sup><br>| 1186933 | &nbsp;&nbsp; 11204648 |
| Sunrun, Inc.<sup>(b)(c)</sup> | 542771 | &nbsp;&nbsp; 10312649 |
| T1 Energy, Inc. (Norway)<sup>(b)(c)</sup> | 1475849 | &nbsp;&nbsp; 12293822 |
|  |  | &nbsp;&nbsp; 234793378 |
| **Electronic Equipment, Instruments & Components-5.22%** | **Electronic Equipment, Instruments & Components-5.22%** | **Electronic Equipment, Instruments & Components-5.22%** |
| Advanced Energy Industries, Inc. | 50144 | &nbsp;&nbsp; 12804772 |
| Bel Fuse, Inc., Class B | 62751 | &nbsp;&nbsp; 12624873 |
| Itron, Inc.<sup>(b)</sup> | 115761 | &nbsp;&nbsp; 11469600 |
|  |  | &nbsp;&nbsp; 36899245 |
| **Food Products-2.10%** | **Food Products-2.10%** | **Food Products-2.10%** |
| Darling Ingredients, Inc.<sup>(b)</sup> | 324509 | &nbsp;&nbsp; 14817081 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Independent Power and Renewable Electricity Producers-3.50%** | **Independent Power and Renewable Electricity Producers-3.50%** | **Independent Power and Renewable Electricity Producers-3.50%** |
| Brookfield Renewable Corp. (Canada)<sup>(c)</sup> | 283766 | &nbsp;&nbsp; $11816016 |
| Ormat Technologies, Inc. | 103383 | &nbsp;&nbsp; 12916672 |
|  |  | &nbsp;&nbsp; 24732688 |
| **Machinery-1.76%** | **Machinery-1.76%** | **Machinery-1.76%** |
| ESCO Technologies, Inc. | 54491 | &nbsp;&nbsp; 12433212 |
| **Metals & Mining-10.17%** | **Metals & Mining-10.17%** | **Metals & Mining-10.17%** |
| Atlas Lithium Corp. (Poland)<sup>(b)(c)</sup> | 734798 | &nbsp;&nbsp; 3696034 |
| Lifezone Metals Ltd. (Isle of Man)<sup>(b)(c)</sup> | 2736890 | &nbsp;&nbsp; 14478148 |
| Lithium Americas Corp. (Canada)<sup>(b)(c)</sup> | 2207772 | &nbsp;&nbsp; 10751850 |
| Lithium Argentina AG (Canada)<sup>(b)(c)</sup> | 1966027 | &nbsp;&nbsp; 13231362 |
| MP Materials Corp.<sup>(b)(c)</sup> | 200768 | &nbsp;&nbsp; 11799135 |
| Sigma Lithium Corp. (Brazil)<sup>(b)(c)</sup> | 798031 | &nbsp;&nbsp; 8602774 |
| Standard Lithium Ltd. (Canada)<sup>(b)(c)</sup> | 2137664 | &nbsp;&nbsp; 9277462 |
|  |  | &nbsp;&nbsp; 71836765 |
| **Oil, Gas & Consumable Fuels-4.66%** | **Oil, Gas & Consumable Fuels-4.66%** | **Oil, Gas & Consumable Fuels-4.66%** |
| Gevo, Inc.<sup>(b)(c)</sup> | 5168210 | &nbsp;&nbsp; 10129692 |
| OPAL Fuels, Inc., Class A<sup>(b)(c)</sup> | 5053781 | &nbsp;&nbsp; 11674234 |
| REX American Resources Corp.<sup>(b)</sup> | 327898 | &nbsp;&nbsp; 11086231 |
|  |  | &nbsp;&nbsp; 32890157 |
| **Passenger Airlines-1.10%** | **Passenger Airlines-1.10%** | **Passenger Airlines-1.10%** |
| Joby Aviation, Inc.<sup>(b)(c)</sup> | 738848 | &nbsp;&nbsp; 7809623 |
| **Semiconductors & Semiconductor Equipment-12.26%** | **Semiconductors & Semiconductor Equipment-12.26%** | **Semiconductors & Semiconductor Equipment-12.26%** |
| Canadian Solar, Inc. (Canada)<sup>(b)(c)</sup> | 420407 | &nbsp;&nbsp; 8040284 |
| Enphase Energy, Inc.<sup>(b)</sup> | 325955 | &nbsp;&nbsp; 12053816 |
| First Solar, Inc.<sup>(b)</sup> | 40759 | &nbsp;&nbsp; 9191970 |
| &nbsp;&nbsp;&nbsp; JinkoSolar Holding Co. Ltd., ADR <br> (China)<sup>(c)</sup><br>| 411672 | &nbsp;&nbsp; 10551153 |
| Monolithic Power Systems, Inc. | 11671 | &nbsp;&nbsp; 13119955 |
| Navitas Semiconductor Corp.<sup>(b)(c)</sup> | 1400273 | &nbsp;&nbsp; 12014342 |
| SolarEdge Technologies, Inc.<sup>(b)(c)</sup> | 353273 | &nbsp;&nbsp; 10933799 |
| Universal Display Corp. | 93031 | &nbsp;&nbsp; 10681820 |
|  |  | &nbsp;&nbsp; 86587139 |
| **Specialty Retail-1.50%** | **Specialty Retail-1.50%** | **Specialty Retail-1.50%** |
| EVgo, Inc.<sup>(b)(c)</sup> | 3511704 | &nbsp;&nbsp; 10570229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $686,679,159) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $686,679,159) | &nbsp;&nbsp; 706646397 |
| **Money Market Funds-0.02%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(d)(e)</sup> <br>(Cost $137,637)<br>| 137637 | &nbsp;&nbsp; 137637 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.05% <br>(Cost $686,816,796) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.05% <br>(Cost $686,816,796) | &nbsp;&nbsp; 706784034 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-21.90%** | **Money Market Funds-21.90%** | **Money Market Funds-21.90%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 43357745 | &nbsp;&nbsp; 43357745 |

---

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

------

**Invesco WilderHill Clean Energy ETF (PBW)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup> | 111278590 | &nbsp;&nbsp; $111311974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $154,669,719) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $154,669,719) | &nbsp;&nbsp; 154669719 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-121.95% <br>(Cost $841,486,515) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-121.95% <br>(Cost $841,486,515) | &nbsp;&nbsp; 861453753 |
| OTHER ASSETS LESS LIABILITIES-(21.95)% | OTHER ASSETS LESS LIABILITIES-(21.95)% | &nbsp;&nbsp; (155038892)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $706414861 |

---

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

Investment Abbreviations: <br> ADR -American Depositary Receipt

&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 January 31, 2026. |
| <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 nine months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $453923 | &nbsp;&nbsp;&nbsp; $9943710 | &nbsp;&nbsp;&nbsp; $(10259996)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $137637 | &nbsp;&nbsp;&nbsp; $16425 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 17006372 | &nbsp;&nbsp;&nbsp; 274504822 | &nbsp;&nbsp;&nbsp; (248153449)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 43357745 | &nbsp;&nbsp;&nbsp; 923,152<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 43541274 | &nbsp;&nbsp;&nbsp; 538993073 | &nbsp;&nbsp;&nbsp; (471230626)<br>| &nbsp;&nbsp;&nbsp; 2532 | &nbsp;&nbsp;&nbsp; 5721 | &nbsp;&nbsp;&nbsp; 111311974 | &nbsp;&nbsp;&nbsp; 2,483,962<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $61001569 | &nbsp;&nbsp;&nbsp; $823441605 | &nbsp;&nbsp;&nbsp; $(729644071)<br>| &nbsp;&nbsp;&nbsp; $2532 | &nbsp;&nbsp;&nbsp; $5721 | &nbsp;&nbsp;&nbsp; $154807356 | &nbsp;&nbsp;&nbsp; $3423539 |

---

&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 January 31, 2026. <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.

------

**Notes to Quarterly Schedules of Portfolio Holdings**

January 31, 2026

*(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 January 31, 2026, for each Fund (except for Invesco Bloomberg Analyst Rating Improvers ETF and Invesco S&P 500 BuyWrite ETF). As of January 31, 2026, all of the securities in Invesco Bloomberg Analyst Rating Improvers ETF and Invesco S&P 500 BuyWrite ETF were valued based on Level 1 inputs (see the Schedules of Investments for security categories). The value of options held in Invesco S&P 500 BuyWrite ETF was based on Level 1 inputs. 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 Aerospace & Defense ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $7816150306 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $7816150306 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 407778947 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 407778947 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $7816150306 | &nbsp;&nbsp;&nbsp; $407778947 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $8223929253 |
| &nbsp;&nbsp; Invesco Dorsey Wright Momentum ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $1340088682 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1340088682 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 847791 | &nbsp;&nbsp;&nbsp; 21425820 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 22273611 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $1340936473 | &nbsp;&nbsp;&nbsp; $21425820 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1362362293 |
| &nbsp;&nbsp; Invesco Global Listed Private Equity ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $142872821 | &nbsp;&nbsp;&nbsp; $161214871 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $304087692 |
| &nbsp;&nbsp;&nbsp; Closed-End Funds | &nbsp;&nbsp;&nbsp; 1062273 | &nbsp;&nbsp;&nbsp; 29003015 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 30065288 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 96776319 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 96776319 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $143935094 | &nbsp;&nbsp;&nbsp; $286994205 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $430929299 |
| &nbsp;&nbsp; Invesco Golden Dragon China ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $136673456 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $136673456 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 264601 | &nbsp;&nbsp;&nbsp; 33992240 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 34256841 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $136938057 | &nbsp;&nbsp;&nbsp; $33992240 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $170930297 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp; Invesco MSCI Sustainable Future ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $57094100 | &nbsp;&nbsp;&nbsp; $87364721 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $144458821 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 136260 | &nbsp;&nbsp;&nbsp; 20483737 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 20619997 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $57230360 | &nbsp;&nbsp;&nbsp; $107848458 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $165078818 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Quality ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $15812921575 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $15812921575 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 5377941 | &nbsp;&nbsp;&nbsp; 108417890 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 113795831 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $15818299516 | &nbsp;&nbsp;&nbsp; $108417890 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $15926717406 |
| &nbsp;&nbsp; Invesco S&P Spin-Off ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $91989126 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $91989126 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 94668 | &nbsp;&nbsp;&nbsp; 5337764 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 5432432 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $92083794 | &nbsp;&nbsp;&nbsp; $5337764 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $97421558 |
| &nbsp;&nbsp; Invesco Water Resources ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $2143607778 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $2143607778 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 1231169 | &nbsp;&nbsp;&nbsp; 17476654 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 18707823 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $2144838947 | &nbsp;&nbsp;&nbsp; $17476654 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $2162315601 |
| &nbsp;&nbsp; Invesco WilderHill Clean Energy ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $706646397 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $706646397 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 137637 | &nbsp;&nbsp;&nbsp; 154669719 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 154807356 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $706784034 | &nbsp;&nbsp;&nbsp; $154669719 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $861453753 |

---

------

## 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

- **b. Investment Company Act file number:** 811-21265

- **c. CIK number of Registrant:** 0001209466

- **d. LEI of Registrant:** QPT4TMG79RF3UWNU0R52

- **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 MSCI Sustainable Future ETF

- **b. EDGAR series identifier (if any):** S000013122

- **c. LEI of Series:** 549300O3D3IUFT3CTM23

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $165204496.48

**Total Liabilities:** $20731388.20

**Net Assets:** $144473108.28

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000035338 | -2.05%               | 0.21%                | 1.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1494828.28             | $-1582578.34                               |
| Month 2  | $-77333.52               | $235506.37                                 |
| Month 3  | $26683.69                | $2784876.39                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EDP Renovaveis S.A.                                 | EDP Renovaveis S.A.                                           | CUSIP: N/A<br>LEI: 529900MUFAH07Q1TAX06       | Long             | EC               | CORP              | ES        |     76681 | NS      | $1169117.80   | 0.81%             |  |  |  | No            |                  2 | On Loan: —       |
| SLC Agricola S.A.                                   | SLC Agricola S.A.                                             | CUSIP: P8711D107<br>LEI: 54930017BQDYJPIJXG79 | Long             | EC               | CORP              | BR        |     49264 | NS      | $151021.99    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ERG S.p.A.                                          | ERG S.p.A.                                                    | CUSIP: T3707Z101<br>LEI: 8156004604684CA44A90 | Long             | EC               | CORP              | IT        |     12811 | NS      | $342188.59    | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| Duk San Neolux Co., Ltd.                            | Duk San Neolux Co., Ltd.                                      | CUSIP: Y2R14K109<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3368 | NS      | $91082.76     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Energy Recovery, Inc.                               | Energy Recovery, Inc.                                         | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |     12974 | NS      | $189290.66    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Colonial SFL Socimi S.A.                            | Colonial SFL Socimi S.A.                                      | CUSIP: N/A<br>LEI: 95980020140005007414       | Long             | EC               | CORP              | ES        |     68743 | NS      | $426727.41    | 0.30%             |  |  |  | No            |                  2 | On Loan: —       |
| Signify N.V.                                        | Signify N.V.                                                  | CUSIP: N8063K107<br>LEI: 549300072P3J1X8NZO35 | Long             | EC               | CORP              | NL        |     31253 | NS      | $665894.59    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Voltalia S.A.                                       | Voltalia S.A.                                                 | CUSIP: F98177128<br>LEI: 969500KE938Z79ZH1N44 | Long             | EC               | CORP              | FR        |      9714 | NS      | $82019.60     | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Alstom                                              | Alstom                                                        | CUSIP: F0259M475<br>LEI: 96950032TUYMW11FB530 | Long             | EC               | CORP              | FR        |     84469 | NS      | $2706745.18   | 1.87%             |  |  |  | No            |                  2 | On Loan: —       |
| Suzlon Energy Ltd.                                  | Suzlon Energy Ltd.                                            | CUSIP: Y8315Y119<br>LEI: 724500ZW9AZP283ZN723 | Long             | EC               | CORP              | IN        |   2500044 | NS      | $1298187.27   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| MTR Corp. Ltd.                                      | MTR Corp. Ltd.                                                | CUSIP: N/A<br>LEI: 254900IH4U9NHH9AQM97       | Long             | EC               | CORP              | HK        |    378380 | NS      | $1673642.66   | 1.16%             |  |  |  | No            |                  2 | On Loan: —       |
| Keppel REIT                                         | Keppel REIT                                                   | CUSIP: N/A<br>LEI: 549300ZD5HZLQCF55J25       | Long             | EC               | CORP              | SG        |    659491 | NS      | $512597.57    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SMA Solar Technology AG                             | SMA Solar Technology AG                                       | CUSIP: D7008K108<br>LEI: 529900Q6JQHI8X451Q21 | Long             | EC               | CORP              | DE        |      3851 | NS      | $168137.96    | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Beijing Enterprises Water Group Ltd.                | Beijing Enterprises Water Group Ltd.                          | CUSIP: G0957L109<br>LEI: 529900TWUN2ALJKWRR11 | Long             | EC               | CORP              | BM        |    990109 | NS      | $340961.00    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Olectra Greentech Ltd.                              | Olectra Greentech Ltd.                                        | CUSIP: N/A<br>LEI: 33580059KKYEUGKEQH74       | Long             | EC               | CORP              | IN        |     10119 | NS      | $119451.15    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan High Speed Rail Corp.                        | Taiwan High Speed Rail Corp.                                  | CUSIP: Y8421F103<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    477069 | NS      | $414011.56    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| West Holdings Corp.                                 | West Holdings Corp.                                           | CUSIP: J9509G101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5036 | NS      | $51990.22     | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Suzano S.A.                                         | Suzano S.A.                                                   | CUSIP: P8T20U187<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |    168979 | NS      | $1592141.05   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LONGi Green Energy Technology Co., Ltd.             | LONGi Green Energy Technology Co., Ltd., A Shares             | CUSIP: Y9727F102<br>LEI: 300300NRGAITUP1EZ248 | Long             | EC               | CORP              | CN        |    112072 | NS      | $288373.26    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co. Ltd.                                        | BYD Co. Ltd., A Shares                                        | CUSIP: Y1023R120<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     79257 | NS      | $1036603.00   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldwind Science & Technology Co., Ltd.             | Goldwind Science & Technology Co., Ltd., A Shares             | CUSIP: Y97237104<br>LEI: 3003008X6GR2ZPYM2V54 | Long             | EC               | CORP              | CN        |     51000 | NS      | $191432.38    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sungrow Power Supply Co., Ltd.                      | Sungrow Power Supply Co., Ltd., A Shares                      | CUSIP: Y8211M102<br>LEI: 30030052IWC7RGVFG505 | Long             | EC               | CORP              | CN        |     30320 | NS      | $658684.42    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Logistics REIT Investment Corp.   | Mitsubishi Estate Logistics REIT Investment Corp.             | CUSIP: N/A<br>LEI: 353800YYSGZU31ICQK38       | Long             | EC               | CORP              | JP        |       346 | NS      | $295137.14    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Century Iron and Steel Industrial Co., Ltd.         | Century Iron and Steel Industrial Co., Ltd.                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     42000 | NS      | $180395.94    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Unibail-Rodamco-Westfield                           | Unibail-Rodamco-Westfield                                     | CUSIP: N/A<br>LEI: 969500SHQITWXSIS7N89       | Long             | EC               | CORP              | FR        |     29680 | NS      | $3293475.89   | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Energiekontor AG                                    | Energiekontor AG                                              | CUSIP: D1336N108<br>LEI: 529900MCVP6QF0PTPQ72 | Long             | EC               | CORP              | DE        |      1719 | NS      | $78402.34     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Lighthouse Properties PLC                           | Lighthouse Properties PLC                                     | CUSIP: N/A<br>LEI: 549300UG27SWRF0X2U62       | Long             | EC               | CORP              | MT        |    283309 | NS      | $151883.46    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Xinyi Energy Holdings Ltd.                          | Xinyi Energy Holdings Ltd.                                    | CUSIP: G9833A104<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |    630488 | NS      | $97647.94     | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| NIO Inc.                                            | NIO Inc., A shares                                            | CUSIP: N/A<br>LEI: 549300JBU4TV5OCKJV96       | Long             | EC               | CORP              | KY        |    451576 | NS      | $2153500.53   | 1.49%             |  |  |  | No            |                  2 | On Loan: —       |
| Eurocommercial Properties N.V.                      | Eurocommercial Properties N.V.                                | CUSIP: N31068195<br>LEI: 724500SFK53FPNM68L95 | Long             | EC               | CORP              | NL        |     10693 | NS      | $316579.34    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordex SE                                           | Nordex SE                                                     | CUSIP: D5736K135<br>LEI: 529900HVDYCUWVD0OE76 | Long             | EC               | CORP              | DE        |     31667 | NS      | $1272433.70   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Sims Ltd.                                           | Sims Ltd.                                                     | CUSIP: Q8505L116<br>LEI: 5493002YM7ZHVDMFC916 | Long             | EC               | CORP              | AU        |     39993 | NS      | $563326.08    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Verbio SE                                           | Verbio SE                                                     | CUSIP: D86145105<br>LEI: 529900W51PINCFFALS96 | Long             | EC               | CORP              | DE        |      5498 | NS      | $162937.96    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Canfor Corp.                                        | Canfor Corp.                                                  | CUSIP: 137576104<br>LEI: 549300DRE7WBHY02BD70 | Long             | EC               | CORP              | CA        |     14232 | NS      | $150712.17    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Embassy Office Parks REIT                           | Embassy Office Parks REIT                                     | CUSIP: Y2R9YR104<br>LEI: 335800O555A557E43Z08 | Long             | EC               | CORP              | IN        |    207937 | NS      | $982113.88    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| TCL Zhonghuan Renewable Energy Technology Co., Ltd. | TCL Zhonghuan Renewable Energy Technology Co., Ltd., A Shares | CUSIP: Y88171106<br>LEI: 300300Y3UHPAM1FB1Y03 | Long             | EC               | CORP              | CN        |     59800 | NS      | $80939.23     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Badger Meter, Inc.                                  | Badger Meter, Inc.                                            | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |      7164 | NS      | $1050099.12   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co., Ltd.           | Contemporary Amperex Technology Co., Ltd., A Shares           | CUSIP: Y1R48E105<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     64436 | NS      | $3251254.68   | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Darling Ingredients Inc.                            | Darling Ingredients Inc.                                      | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |     38468 | NS      | $1756448.88   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Weiming Environment Protection Co., Ltd.   | Zhejiang Weiming Environment Protection Co., Ltd., A Shares   | CUSIP: Y989A0105<br>LEI: 300300MI4URDDZP5ZT02 | Long             | EC               | CORP              | CN        |     25200 | NS      | $99823.54     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Seres Group Co., Ltd.                               | Seres Group Co., Ltd., A Shares                               | CUSIP: Y1586E102<br>LEI: 3003002LTJSDNVNIPU58 | Long             | EC               | CORP              | CN        |     23900 | NS      | $358540.50    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Energix Renewable Energies Ltd.                     | Energix Renewable Energies Ltd.                               | CUSIP: M4047G115<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     67166 | NS      | $428192.73    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Ormat Technologies, Inc.                            | Ormat Technologies, Inc.                                      | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     14040 | NS      | $1754157.60   | 1.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Global One Real Estate Investment Corp.             | Global One Real Estate Investment Corp.                       | CUSIP: J1727U103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       239 | NS      | $211555.78    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Cousins Properties Inc.                             | Cousins Properties Inc.                                       | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     40861 | NS      | $1031331.64   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Stadler Rail AG                                     | Stadler Rail AG                                               | CUSIP: H813A0106<br>LEI: 506700781XDET0A89669 | Long             | EC               | CORP              | CH        |     13393 | NS      | $344463.83    | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| Covivio S.A.                                        | Covivio S.A.                                                  | CUSIP: N/A<br>LEI: 969500P8M3W2XX376054       | Long             | EC               | CORP              | FR        |     13590 | NS      | $871360.33    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Array Technologies, Inc.                            | Array Technologies, Inc.                                      | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     37246 | NS      | $421810.95    | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Frasers Centrepoint Trust                           | Frasers Centrepoint Trust                                     | CUSIP: N/A<br>LEI: 5493002RGQ266FKERZ83       | Long             | EC               | CORP              | SG        |    321177 | NS      | $566906.26    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Excellent, Inc.                               | Japan Excellent, Inc.                                         | CUSIP: N/A<br>LEI: 35380015J62221TE0D86       | Long             | EC               | CORP              | JP        |       270 | NS      | $261927.95    | 0.18%             |  |  |  | No            |                  2 | On Loan: —       |
| Mori Hills Reit Investment Corp.                    | Mori Hills Reit Investment Corp.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       353 | NS      | $332202.81    | 0.23%             |  |  |  | No            |                  2 | On Loan: —       |
| Solaria Energia y Medio Ambiente, S.A.              | Solaria Energia y Medio Ambiente, S.A.                        | CUSIP: E8935P110<br>LEI: 959800PM2YJU406K2789 | Long             | EC               | CORP              | ES        |     18256 | NS      | $404101.13    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Henderson Land Development Co. Ltd.                 | Henderson Land Development Co. Ltd.                           | CUSIP: N/A<br>LEI: 529900SYQB7IVR9QGN76       | Long             | EC               | CORP              | HK        |    353745 | NS      | $1407494.63   | 0.97%             |  |  |  | No            |                  2 | On Loan: —       |
| Enlight Renewable Energy Ltd.                       | Enlight Renewable Energy Ltd.                                 | CUSIP: M4056D110<br>LEI: 984500HF6A99N758F734 | Long             | EC               | CORP              | IL        |     32083 | NS      | $1815935.15   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sterling and Wilson Renewable Energy Ltd.           | Sterling and Wilson Renewable Energy Ltd.                     | CUSIP: N/A<br>LEI: 335800EGTCN8LBFMDQ87       | Long             | EC               | CORP              | IN        |     28787 | NS      | $58126.17     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| First Capital REIT                                  | First Capital REIT                                            | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               | CORP              | CA        |     25316 | NS      | $369976.47    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Flat Glass Group Co., Ltd.                          | Flat Glass Group Co., Ltd., A Shares                          | CUSIP: Y2575W111<br>LEI: 300300BEL4RMXBKEA373 | Long             | EC               | CORP              | CN        |     28100 | NS      | $65152.35     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Grenergy Renovables S.A.                            | Grenergy Renovables S.A.                                      | CUSIP: E5R20V102<br>LEI: 959800M1FVPL5BMW3R13 | Long             | EC               | CORP              | ES        |      3482 | NS      | $398899.16    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Centuria Office REIT                                | Centuria Office REIT                                          | CUSIP: N/A<br>LEI: 984500D9D1RFE9AF4796       | Long             | EC               | CORP              | AU        |     95739 | NS      | $71625.97     | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Invesco Government & Agency Portfolio               | Invesco Government & Agency Portfolio, Institutional Class    | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |    136260 | NS      | $136260.05    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund                     | Invesco Private Government Fund                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   5687829 | NS      | $5687828.88   | 3.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingsoft Cloud Holdings Ltd.                        | Kingsoft Cloud Holdings Ltd., H shares                        | CUSIP: G5264S101<br>LEI: 875500HZE0VKCD0Z8K15 | Long             | EC               | CORP              | KY        |    662814 | NS      | $589021.89    | 0.41%             |  |  |  | No            |                  2 | On Loan: —       |
| Cre Logistics Reit, Inc.                            | Cre Logistics Reit, Inc.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       145 | NS      | $156707.63    | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| Lendlease Global Commercial REIT                    | Lendlease Global Commercial REIT                              | CUSIP: N/A<br>LEI: 2549002B9UHG224VCA80       | Long             | EC               | CORP              | SG        |    547573 | NS      | $275451.23    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| JA Solar Technology Co., Ltd.                       | JA Solar Technology Co., Ltd., A Shares                       | CUSIP: Y7163W100<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     49008 | NS      | $79726.70     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing-Shanghai High Speed Railway Co., Ltd.       | Beijing-Shanghai High Speed Railway Co., Ltd., A Shares       | CUSIP: Y0S031107<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    715600 | NS      | $501323.40    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Private Prime Fund                          | Invesco Private Prime Fund                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  14795908 | NS      | $14795908.44  | 10.24%            |  |  |  | No            |                  2 | On Loan: No      |
| Li Auto Inc.                                        | Li Auto Inc., A Shares                                        | CUSIP: G5479M105<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | KY        |    304615 | NS      | $2546439.54   | 1.76%             |  |  |  | No            |                  2 | On Loan: —       |
| XPeng Inc.                                          | XPeng Inc.                                                    | CUSIP: G982AW100<br>LEI: 549300TZNMIREMWQU857 | Long             | EC               | CORP              | KY        |    304345 | NS      | $2740433.65   | 1.90%             |  |  |  | No            |                  2 | On Loan: —       |
| GDS Holdings Ltd.                                   | GDS Holdings Ltd., A Shares                                   | CUSIP: N/A<br>LEI: 391200MGV8DDCHTN2R77       | Long             | EC               | CORP              | KY        |    273800 | NS      | $1525013.87   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ACEN Corp.                                          | ACEN Corp.                                                    | CUSIP: Y1001H102<br>LEI: 549300LGUZQ61GQQXQ60 | Long             | EC               | CORP              | PH        |   2449148 | NS      | $109955.66    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Shoals Technologies Group, Inc.                     | Shoals Technologies Group, Inc., Class A                      | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40597 | NS      | $383235.68    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| China Railway Signal & Communication Corp. Ltd.     | China Railway Signal & Communication Corp. Ltd., A Shares     | CUSIP: Y1R0AG113<br>LEI: 529900GK68ZHDM38WD21 | Long             | EC               | CORP              | CN        |    106200 | NS      | $84080.41     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Tuya Inc.                                           | Tuya Inc., ADR                                                | CUSIP: 90114C107<br>LEI: 254900XKWS2MIZHXCO08 | Long             | EC               | CORP              | KY        |     65564 | NS      | $137028.76    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Grieg Seafood ASA                                   | Grieg Seafood ASA                                             | CUSIP: R28594100<br>LEI: 5967007LIEEXZXH5VC37 | Long             | EC               | CORP              | NO        |     11190 | NS      | $86928.39     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Finolex Industries Ltd.                             | Finolex Industries Ltd.                                       | CUSIP: N/A<br>LEI: 335800DLFD2ERNKIDE17       | Long             | EC               | CORP              | IN        |     61199 | NS      | $117650.59    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Vestas Wind Systems A/S                             | Vestas Wind Systems A/S                                       | CUSIP: N/A<br>LEI: 549300DYMC8BGZZC8844       | Long             | EC               | CORP              | DK        |    246167 | NS      | $7489187.36   | 5.18%             |  |  |  | No            |                  2 | On Loan: No      |
| OLA Electric Mobility Ltd.                          | OLA Electric Mobility Ltd.                                    | CUSIP: N/A<br>LEI: 335800BB7I348XAZPI13       | Long             | EC               | CORP              | IN        |    326286 | NS      | $114873.00    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| China Longyuan Power Group Corp. Ltd.               | China Longyuan Power Group Corp. Ltd., H Shares               | CUSIP: Y1501T101<br>LEI: 5299008UYLF3O6V9T464 | Long             | EC               | CORP              | CN        |    606617 | NS      | $551239.75    | 0.38%             |  |  |  | No            |                  2 | On Loan: —       |
| N/A                                                 | BTS Group Holdings PCL, Wrts. 2026-11-20                      | CUSIP: W11191986<br>LEI: N/A                  | N/A              | DE               |  | N/A       |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sigma Lithium Corp.                                 | Sigma Lithium Corp.                                           | CUSIP: 826599102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     14853 | NS      | $160115.34    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Piedmont Realty Trust, Inc.                         | Piedmont Realty Trust, Inc., Class A                          | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30230 | NS      | $254536.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive, Inc.                             | Rivian Automotive, Inc., Class A                              | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |    191643 | NS      | $2826734.25   | 1.96%             |  |  |  | No            |                  1 | On Loan: —       |
| China Three Gorges Renewables (Group) Co., Ltd.     | China Three Gorges Renewables (Group) Co., Ltd., A Shares     | CUSIP: Y1521K106<br>LEI: 300300C9638DU18HFK27 | Long             | EC               | CORP              | CN        |    423000 | NS      | $250247.19    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Trina Solar Co., Ltd.                               | Trina Solar Co., Ltd., A Shares                               | CUSIP: Y897BJ108<br>LEI: 30030040IFQ4UMZDUU48 | Long             | EC               | CORP              | CN        |     32200 | NS      | $86952.58     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Energy Solution, Ltd.                            | LG Energy Solution, Ltd.                                      | CUSIP: Y5S5CG102<br>LEI: 988400QX6P286XA6ZS85 | Long             | EC               | CORP              | KR        |     11408 | NS      | $3135903.24   | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Kempower OYJ                                        | Kempower OYJ                                                  | CUSIP: X4S4V8106<br>LEI: 743700EIG9TDB5QNZS09 | Long             | EC               | CORP              | FI        |      5479 | NS      | $105663.38    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercialys                                           | Mercialys                                                     | CUSIP: F61573105<br>LEI: 969500081CGAXB7YS433 | Long             | EC               | CORP              | FR        |     22862 | NS      | $288693.04    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesla, Inc.                                         | Tesla, Inc.                                                   | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     17065 | NS      | $7344946.65   | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JinkoSolar Holding Co., Ltd.                        | JinkoSolar Holding Co., Ltd., ADR                             | CUSIP: 47759T100<br>LEI: 529900Y93WNCS05FG852 | Long             | EC               | CORP              | KY        |      7519 | NS      | $192711.97    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Zhejiang Leapmotor Technology Co., Ltd.             | Zhejiang Leapmotor Technology Co., Ltd., H Shares             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    124007 | NS      | $673573.50    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| China Datang Corp. Renewable Power Co., Ltd.        | China Datang Corp. Renewable Power Co., Ltd., H Shares        | CUSIP: Y1456S108<br>LEI: 52990099S0ALQQ25XM62 | Long             | EC               | CORP              | CN        |    585647 | NS      | $156719.68    | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| American Assets Trust, Inc.                         | American Assets Trust, Inc.                                   | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11931 | NS      | $215473.86    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower Inc.                                      | Nextpower Inc., Class A                                       | CUSIP: 65290E101<br>LEI: 2138001D4HUZ48PR8M23 | Long             | EC               | CORP              | US        |     36068 | NS      | $4223202.12   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Margun Enerji Uretim Sanayi ve Ticaret A.S          | Margun Enerji Uretim Sanayi ve Ticaret A.S                    | CUSIP: M6803L105<br>LEI: 789000B3QEB1DSWS4107 | Long             | EC               | CORP              | TR        |    181852 | NS      | $172073.39    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Jinko Solar Co., Ltd.                               | Jinko Solar Co., Ltd., A Shares                               | CUSIP: Y4S532106<br>LEI: 300300RHCPJNG9KTKT10 | Long             | EC               | CORP              | CN        |    148000 | NS      | $134754.44    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Renewable Energy Co., Ltd.                       | HD Renewable Energy Co., Ltd.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     20983 | NS      | $78080.60     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Plug Power Inc.                                     | Plug Power Inc.                                               | CUSIP: 72919P202<br>LEI: 549300JPDKRSJ8JSM954 | Long             | EC               | CORP              | US        |    273243 | NS      | $577908.95    | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Mapletree Pan Asia Commercial Trust                 | Mapletree Pan Asia Commercial Trust                           | CUSIP: Y5759T101<br>LEI: 549300BF18K4IC5LZ208 | Long             | EC               | CORP              | SG        |    578030 | NS      | $664535.45    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Waaree Renewable Technologies Ltd.                  | Waaree Renewable Technologies Ltd.                            | CUSIP: N/A<br>LEI: 984500A7F577DA38BF35       | Long             | EC               | CORP              | IN        |      6426 | NS      | $63315.44     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Inox Green Energy Services Ltd.                     | Inox Green Energy Services Ltd.                               | CUSIP: N/A<br>LEI: 335800D2ZSZBON374I11       | Long             | EC               | CORP              | IN        |     27150 | NS      | $50236.01     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| KPI Green Energy Ltd.                               | KPI Green Energy Ltd.                                         | CUSIP: N/A<br>LEI: 984500D2AMA5003HEE38       | Long             | EC               | CORP              | IN        |     21897 | NS      | $94271.27     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Recticel S.A.                                       | Recticel S.A.                                                 | CUSIP: B70161102<br>LEI: 549300R8K43AXHYP5M15 | Long             | EC               | CORP              | BE        |     10483 | NS      | $127309.08    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Berkeley Group Holdings PLC (The)                   | Berkeley Group Holdings PLC (The)                             | CUSIP: G1191G153<br>LEI: 2138009OQSSLVVHQAL78 | Long             | EC               | CORP              | GB        |     23308 | NS      | $1320629.51   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| CSI Solar Co., Ltd.                                 | CSI Solar Co., Ltd.                                           | CUSIP: N/A<br>LEI: 3003004AEZ3F97L0KW51       | Long             | EC               | CORP              | CN        |     54567 | NS      | $120279.81    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Waaree Energies Ltd.                                | Waaree Energies Ltd.                                          | CUSIP: N/A<br>LEI: 335800TCF9YCJG3VRZ10       | Long             | EC               | CORP              | IN        |     21013 | NS      | $637753.59    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Acme Solar Holdings Ltd.                            | Acme Solar Holdings Ltd.                                      | CUSIP: N/A<br>LEI: 335800M71QIL8BBZZE98       | Long             | EC               | CORP              | IN        |     29841 | NS      | $73354.90     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| REPT BATTERO Energy Co., Ltd.                       | REPT BATTERO Energy Co., Ltd.                                 | CUSIP: N/A<br>LEI: 254900V1RJLTV1XD1H30       | Long             | EC               | CORP              | CN        |     75469 | NS      | $111450.18    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Enphase Energy, Inc.                                | Enphase Energy, Inc.                                          | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     31843 | NS      | $1177554.14   | 0.82%             |  |  |  | No            |                  1 | On Loan: —       |
| Rockwool A/S                                        | Rockwool A/S                                                  | CUSIP: K8254S250<br>LEI: 213800QRC7LNX935OZ09 | Long             | EC               | CORP              | DK        |     23545 | NS      | $798046.89    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co., Ltd.           | Contemporary Amperex Technology Co., Ltd., H Shares           | CUSIP: N/A<br>LEI: 300300KINDY1K0E9I032       | Long             | EC               | CORP              | CN        |     18973 | NS      | $1184232.09   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazer Homes USA, Inc.                              | Beazer Homes USA, Inc.                                        | CUSIP: 07556Q881<br>LEI: 549300DUPYT2T0F60I45 | Long             | EC               | CORP              | US        |      6887 | NS      | $148552.59    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co. Ltd.                         | West Fraser Timber Co. Ltd.                                   | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     13036 | NS      | $895187.12    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Lucid Group, Inc.                                   | Lucid Group, Inc.                                             | CUSIP: 549498202<br>LEI: 529900MRL9Z13ZCRVD74 | Long             | EC               | CORP              | US        |     33649 | NS      | $372494.43    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Kingspan Group PLC                                  | Kingspan Group PLC                                            | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |     37433 | NS      | $3271289.40   | 2.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Websol Energy System Ltd.                           | Websol Energy System Ltd.                                     | CUSIP: N/A<br>LEI: 984500D70N84I1D69F67       | Long             | EC               | CORP              | IN        |     67647 | NS      | $59951.32     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Douglas Emmett, Inc.                                | Douglas Emmett, Inc.                                          | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40836 | NS      | $431228.16    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Polestar Automotive Holding UK PLC                  | Polestar Automotive Holding UK PLC, ADR                       | CUSIP: 731105409<br>LEI: 894500HDA1DJKHYN4D83 | Long             | EC               | CORP              | GB        |      3707 | NS      | $56086.91     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Nippon Prologis Reit, Inc.                          | Nippon Prologis Reit, Inc.                                    | CUSIP: J5528H104<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               | CORP              | JP        |      1634 | NS      | $956566.82    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| First Solar, Inc.                                   | First Solar, Inc.                                             | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     24836 | NS      | $5601014.72   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                          | Digital Realty Trust, Inc.                                    | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     44826 | NS      | $7438874.70   | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                             | Brandywine Realty Trust                                       | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     41760 | NS      | $118180.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Klepierre                                           | Klepierre                                                     | CUSIP: F5396X102<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               | CORP              | FR        |     52444 | NS      | $2027651.63   | 1.40%             |  |  |  | No            |                  2 | On Loan: —       |
| KB Home                                             | KB Home                                                       | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     15765 | NS      | $907118.10    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                                | Vornado Realty Trust                                          | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39707 | NS      | $1265859.16   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Metropolitan Fund Investment Corp.            | Japan Metropolitan Fund Investment Corp.                      | CUSIP: J27544105<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               | CORP              | JP        |      1749 | NS      | $1381068.82   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Building Fund Inc.                           | Nippon Building Fund Inc.                                     | CUSIP: N/A<br>LEI: 52990053R8NL2MB32172       | Long             | EC               | CORP              | JP        |      1894 | NS      | $1762542.51   | 1.22%             |  |  |  | No            |                  2 | On Loan: —       |
| CapitaLand Integrated Commercial Trust              | CapitaLand Integrated Commercial Trust                        | CUSIP: N/A<br>LEI: 54930031292WUTXF0L29       | Long             | EC               | CORP              | SG        |   1483669 | NS      | $2792253.36   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA Corp.                                        | NVIDIA Corp.                                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     37911 | NS      | $7245929.43   | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems, Inc.                     | Advanced Drainage Systems, Inc.                               | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     18006 | NS      | $2737632.24   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Aeon Reit Investment Corp.                          | Aeon Reit Investment Corp.                                    | CUSIP: N/A<br>LEI: 353800P59F8MJB4FE788       | Long             | EC               | CORP              | JP        |       390 | NS      | $338638.65    | 0.23%             |  |  |  | No            |                  2 | On Loan: —       |
| Xinyi Solar Holdings Ltd.                           | Xinyi Solar Holdings Ltd.                                     | CUSIP: G9829N102<br>LEI: 529900QF7VIH03SB7Q08 | Long             | EC               | CORP              | KY        |   1107611 | NS      | $478902.88    | 0.33%             |  |  |  | No            |                  2 | On Loan: —       |
| China Conch Venture Holdings Ltd.                   | China Conch Venture Holdings Ltd.                             | CUSIP: G2116J108<br>LEI: 836800AA0Q4R3O6ZDB17 | Long             | EC               | CORP              | KY        |    349790 | NS      | $478088.09    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| China Everbright Environment Group Ltd.             | China Everbright Environment Group Ltd.                       | CUSIP: Y14226107<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    897181 | NS      | $577433.17    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Platzer Fastigheter Holding AB                      | Platzer Fastigheter Holding AB, Class B                       | CUSIP: W7S644112<br>LEI: 5493009KPII4BZE70820 | Long             | EC               | CORP              | SE        |     14785 | NS      | $123936.62    | 0.09%             |  |  |  | No            |                  2 | On Loan: —       |
| Dynagreen Environmental Protection Group Co., Ltd.  | Dynagreen Environmental Protection Group Co., Ltd., H Shares  | CUSIP: N/A<br>LEI: 529900LHVN4BGJP1ZY93       | Long             | EC               | CORP              | CN        |     94426 | NS      | $64244.41     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| XPLR Infrastructure, L.P.                           | XPLR Infrastructure, L.P.                                     | CUSIP: 65341B106<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | EC               | CORP              | US        |     21662 | NS      | $210987.88    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Merlin Properties SOCIMI S.A.                       | Merlin Properties SOCIMI S.A.                                 | CUSIP: E7390Z100<br>LEI: 959800L8KD863DP30X04 | Long             | EC               | CORP              | ES        |     95976 | NS      | $1433613.35   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Tritax Big Box REIT PLC                             | Tritax Big Box REIT PLC                                       | CUSIP: G9101W101<br>LEI: 213800L6X88MIYPVR714 | Long             | EC               | CORP              | GB        |    544056 | NS      | $1238489.95   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co. Ltd.                                        | BYD Co. Ltd., H Shares                                        | CUSIP: Y1023R104<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    567950 | NS      | $7082732.26   | 4.90%             |  |  |  | No            |                  2 | On Loan: —       |
| Boralex Inc.                                        | Boralex Inc., Class A                                         | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Long             | EC               | CORP              | CA        |     21261 | NS      | $396440.76    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Gecina                                              | Gecina                                                        | CUSIP: N/A<br>LEI: 9695003E4MMA10IBTR26       | Long             | EC               | CORP              | FR        |     11220 | NS      | $1034310.72   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra Lifespace Developers Ltd.                  | Mahindra Lifespace Developers Ltd.                            | CUSIP: N/A<br>LEI: 335800C4GAEGPH1E9B03       | Long             | EC               | CORP              | IN        |     26295 | NS      | $105070.88    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| REX American Resources Corp.                        | REX American Resources Corp.                                  | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7226 | NS      | $244311.06    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PNE AG                                              | PNE AG                                                        | CUSIP: D6S45C137<br>LEI: 391200KEHI6OQSGGN373 | Long             | EC               | CORP              | DE        |      6611 | NS      | $77832.33     | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| SalMar ASA                                          | SalMar ASA                                                    | CUSIP: R7445C102<br>LEI: 5967007LIEEXZXGDBK67 | Long             | EC               | CORP              | NO        |     16484 | NS      | $985176.75    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| SolarEdge Technologies, Inc.                        | SolarEdge Technologies, Inc.                                  | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | US        |     14443 | NS      | $447010.85    | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Inox Wind Ltd.                                      | Inox Wind Ltd.                                                | CUSIP: N/A<br>LEI: 335800JZWDBRD7XG2Z98       | Long             | EC               | CORP              | IN        |    191767 | NS      | $225538.75    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui House Reit, Inc.                            | Sekisui House Reit, Inc.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       990 | NS      | $583236.32    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| CS Wind Corp.                                       | CS Wind Corp.                                                 | CUSIP: Y1R23X102<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6239 | NS      | $175860.56    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Meritage Homes Corp.                                | Meritage Homes Corp.                                          | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     17305 | NS      | $1202870.55   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartCentres REIT                                   | SmartCentres REIT                                             | CUSIP: 83179X108<br>LEI: 549300HKEP2IYWZ14H97 | Long             | EC               | CORP              | CA        |     17527 | NS      | $345453.33    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Sunrun Inc.                                         | Sunrun Inc.                                                   | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     56233 | NS      | $1068427.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

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

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President