# EDGAR Filing Document

**Accession Number:** 0001919700
**File Stem:** 0001193125-26-246857
**Filing Date:** 2026-5
**Character Count:** 197611
**Document Hash:** 48d8e7be2499290336d27f78c0d2fe10
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-246857.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001193125-26-246857

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Touchstone ETF Trust
- **CENTRAL INDEX KEY:** 0001919700

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23789
- **FILM NUMBER:** 261040270

**BUSINESS ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202
- **BUSINESS PHONE:** 513-362-8224

**MAIL ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202

## Series and Classes Contracts Data

### Touchstone Dividend Select ETF (Series ID: S000076657)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000236658 | Touchstone Dividend Select ETF | DVND            |

## Nport-Ex

Portfolio of Investments

Touchstone Dividend Select ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 95.5%** |  |
|  | &nbsp;&nbsp;**Information Technology — 20.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;Analog Devices, Inc. | $808076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3623 | &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp; 919481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3409 | &nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp; 1055120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9978 | &nbsp;&nbsp;Cisco Systems, Inc. | &nbsp;&nbsp; 774193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2657 | &nbsp;&nbsp;International Business Machines Corp. | &nbsp;&nbsp; 644030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508 | &nbsp;&nbsp;KLA Corp. | &nbsp;&nbsp; 747984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3469 | &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp; 1284120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3056 | &nbsp;&nbsp;Oracle Corp. | &nbsp;&nbsp; 449568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3836 | &nbsp;&nbsp;QUALCOMM, Inc. | &nbsp;&nbsp; 494000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3745 | &nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp; 727054 |
|  |  | &nbsp;&nbsp; 7903626 |
|  | &nbsp;&nbsp;**Financials — 13.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;15839 | &nbsp;&nbsp;Bank of America Corp. | &nbsp;&nbsp; 772151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683 | &nbsp;&nbsp;Blackrock, Inc. | &nbsp;&nbsp; 656848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6994 | &nbsp;&nbsp;Charles Schwab Corp. (The) | &nbsp;&nbsp; 657296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672 | &nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp; 568505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1998 | &nbsp;&nbsp;JPMorgan Chase & Co. | &nbsp;&nbsp; 587732 |
| &nbsp;&nbsp;&nbsp;&nbsp;13895 | &nbsp;&nbsp;US Bancorp | &nbsp;&nbsp; 722679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2229 | &nbsp;&nbsp;Visa, Inc. - Class A | &nbsp;&nbsp; 673693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7955 | &nbsp;&nbsp;Wells Fargo & Co. | &nbsp;&nbsp; 633298 |
|  |  | &nbsp;&nbsp; 5272202 |
|  | &nbsp;&nbsp;**Health Care — 12.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3173 | &nbsp;&nbsp;Becton Dickinson & Co. | &nbsp;&nbsp; 498891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7439 | &nbsp;&nbsp;CVS Health Corp. | &nbsp;&nbsp; 534269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4137 | &nbsp;&nbsp;Johnson & Johnson | &nbsp;&nbsp; 1011248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8346 | &nbsp;&nbsp;Medtronic PLC | &nbsp;&nbsp; 723181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6276 | &nbsp;&nbsp;Merck & Co., Inc. | &nbsp;&nbsp; 754940 |
| &nbsp;&nbsp;&nbsp;&nbsp;23767 | &nbsp;&nbsp;Pfizer, Inc. | &nbsp;&nbsp; 667377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1774 | &nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp; 480027 |
|  |  | &nbsp;&nbsp; 4669933 |
|  | &nbsp;&nbsp;**Industrials — 9.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3635 | &nbsp;&nbsp;3M Co. | &nbsp;&nbsp; 527911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937 | &nbsp;&nbsp;Caterpillar, Inc. | &nbsp;&nbsp; 663827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1151 | &nbsp;&nbsp;Deere & Co. | &nbsp;&nbsp; 648358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205 | &nbsp;&nbsp;Lockheed Martin Corp. | &nbsp;&nbsp; 728290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3647 | &nbsp;&nbsp;RTX Corp. | &nbsp;&nbsp; 703507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7654 | &nbsp;&nbsp;Stanley Black & Decker, Inc. | &nbsp;&nbsp; 543893 |
|  |  | &nbsp;&nbsp; 3815786 |
|  | &nbsp;&nbsp;**Communication Services — 8.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2593 | &nbsp;&nbsp;Alphabet, Inc. - Class C | &nbsp;&nbsp; 743828 |
| &nbsp;&nbsp;&nbsp;&nbsp;25405 | &nbsp;&nbsp;AT&T, Inc. | &nbsp;&nbsp; 736491 |
| &nbsp;&nbsp;&nbsp;&nbsp;18927 | &nbsp;&nbsp;Comcast Corp. - Class A | &nbsp;&nbsp; 543394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;Meta Platforms, Inc. - Class A | &nbsp;&nbsp; 567553 |
| &nbsp;&nbsp;&nbsp;&nbsp;15483 | &nbsp;&nbsp;Verizon Communications, Inc. | &nbsp;&nbsp; 777247 |
|  |  | &nbsp;&nbsp; 3368513 |
|  | &nbsp;&nbsp;**Consumer Staples — 8.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3085 | &nbsp;&nbsp;Constellation Brands, Inc. - Class A | &nbsp;&nbsp; 462750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;PepsiCo, Inc. | &nbsp;&nbsp; 652218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4395 | &nbsp;&nbsp;Philip Morris International, Inc. | &nbsp;&nbsp; 726669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5254 | &nbsp;&nbsp;Procter & Gamble Co. (The) | &nbsp;&nbsp; 758888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7613 | &nbsp;&nbsp;Sysco Corp. | &nbsp;&nbsp; 543035 |
|  |  | &nbsp;&nbsp; 3143560 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 95.5% (Continued)** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 7.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2081 | &nbsp;&nbsp;Home Depot, Inc. (The) | $684420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9205 | &nbsp;&nbsp;Las Vegas Sands Corp. | &nbsp;&nbsp; 495965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017 | &nbsp;&nbsp;McDonald's Corp. | &nbsp;&nbsp; 626864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5636 | &nbsp;&nbsp;Starbucks Corp. | &nbsp;&nbsp; 504929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3641 | &nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp; 566103 |
|  |  | &nbsp;&nbsp; 2878281 |
|  | &nbsp;&nbsp;**Energy — 5.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4673 | &nbsp;&nbsp;Chevron Corp. | &nbsp;&nbsp; 966844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6914 | &nbsp;&nbsp;Exxon Mobil Corp. | &nbsp;&nbsp; 1173029 |
|  |  | &nbsp;&nbsp; 2139873 |
|  | &nbsp;&nbsp;**Materials — 4.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6727 | &nbsp;&nbsp;International Flavors & Fragrances, Inc. | &nbsp;&nbsp; 488044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1343 | &nbsp;&nbsp;Linde PLC | &nbsp;&nbsp; 665806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1749 | &nbsp;&nbsp;Sherwin-Williams Co. (The) | &nbsp;&nbsp; 560642 |
|  |  | &nbsp;&nbsp; 1714492 |
|  | &nbsp;&nbsp;**Utilities — 3.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5083 | &nbsp;&nbsp;Duke Energy Corp. | &nbsp;&nbsp; 665568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6870 | &nbsp;&nbsp;Southern Co. (The) | &nbsp;&nbsp; 663092 |
|  |  | &nbsp;&nbsp; 1328660 |
|  | &nbsp;&nbsp;**Real Estate — 2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7206 | &nbsp;&nbsp;Alexandria Real Estate Equities, Inc. REIT | &nbsp;&nbsp; 334502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3379 | &nbsp;&nbsp;American Tower Corp. REIT | &nbsp;&nbsp; 583148 |
|  |  | &nbsp;&nbsp; 917650 |
|  | &nbsp;&nbsp;**Total Common Stocks** | $37152576 |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 4.6%** |  |
| 1782403 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω</sup> | &nbsp;&nbsp; 1782403 |
|  | &nbsp;&nbsp;**Total Investment Securities—100.1%<br> (Cost $34,218,243)** | $38934979 |
|  | &nbsp;&nbsp;**Liabilities in Excess of Other Assets — (0.1%)** | &nbsp;&nbsp;&nbsp; (42753) |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $38892226 |

---

*∞* *Open-End Fund.* 

*Ω* *Represents the 7-Day SEC yield as of March 31, 2026.* 

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *PLC – Public Limited Company* |
| *REIT – Real Estate Investment Trust* |

---

#### Other Information:
*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Common Stocks* | *$37152576* | *$—* | *$—* | *$37152576* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;&nbsp;*1782403* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*1782403* |
| *Total* | *$38934979* | *$—* | *$—* | *$38934979* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone Dynamic International ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 97.5%** |  |
|  | &nbsp;&nbsp;**Japan — 14.0%** |  |
|  | &nbsp;&nbsp;**Communication Services — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6605 | &nbsp;&nbsp;Konami Group Corp. | $804686 |
|  | &nbsp;&nbsp;**Consumer Discretionary — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;58100 | &nbsp;&nbsp;Aisin Corp. | &nbsp;&nbsp; 793679 |
| &nbsp;&nbsp;&nbsp;&nbsp;35870 | &nbsp;&nbsp;Asics Corp. | &nbsp;&nbsp; 939326 |
| &nbsp;&nbsp;&nbsp;&nbsp;44200 | &nbsp;&nbsp;Subaru Corp. | &nbsp;&nbsp; 691665 |
| &nbsp;&nbsp;&nbsp;&nbsp;13398 | &nbsp;&nbsp;Sumitomo Electric Industries Ltd. | &nbsp;&nbsp; 707446 |
|  | &nbsp;&nbsp;**Energy — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;29100 | &nbsp;&nbsp;Inpex Corp. | &nbsp;&nbsp; 857754 |
|  | &nbsp;&nbsp;**Financials — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;51672 | &nbsp;&nbsp;MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp; 1312759 |
| &nbsp;&nbsp;&nbsp;&nbsp;44462 | &nbsp;&nbsp;Sumitomo Mitsui Trust Group, Inc. | &nbsp;&nbsp; 1373320 |
|  | &nbsp;&nbsp;**Health Care — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;44401 | &nbsp;&nbsp;Daiichi Sankyo Co. Ltd. | &nbsp;&nbsp; 773846 |
| &nbsp;&nbsp;&nbsp;&nbsp;38502 | &nbsp;&nbsp;Otsuka Holdings Co. Ltd. | &nbsp;&nbsp; 2671037 |
|  | &nbsp;&nbsp;**Industrials — 4.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;28439 | &nbsp;&nbsp;ANA Holdings, Inc.<sup>†</sup> | &nbsp;&nbsp; 502460 |
| &nbsp;&nbsp;&nbsp;&nbsp;33709 | &nbsp;&nbsp;Daifuku Co. Ltd. | &nbsp;&nbsp; 1151635 |
| &nbsp;&nbsp;&nbsp;&nbsp;21100 | &nbsp;&nbsp;Hitachi Ltd. | &nbsp;&nbsp; 593494 |
| &nbsp;&nbsp;&nbsp;&nbsp;109500 | &nbsp;&nbsp;Japan Airlines Co. Ltd.<sup>†</sup> | &nbsp;&nbsp; 1765951 |
| &nbsp;&nbsp;&nbsp;&nbsp;47347 | &nbsp;&nbsp;Mitsubishi Electric Corp. | &nbsp;&nbsp; 1488087 |
| &nbsp;&nbsp;&nbsp;&nbsp;34671 | &nbsp;&nbsp;Toyota Tsusho Corp. | &nbsp;&nbsp; 1299848 |
|  | &nbsp;&nbsp;**Information Technology — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;Advantest Corp. | &nbsp;&nbsp; 1088844 |
|  | &nbsp;&nbsp;**Utilities — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;53100 | &nbsp;&nbsp;Kansai Electric Power Co., Inc. (The)<sup>†</sup> | &nbsp;&nbsp; 864730 |
|  | &nbsp;&nbsp;Total Japan | &nbsp;&nbsp; 19680567 |
|  | &nbsp;&nbsp;**Canada — 9.5%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;27023 | &nbsp;&nbsp;Magna International, Inc. | &nbsp;&nbsp; 1509177 |
|  | &nbsp;&nbsp;**Financials — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11687 | &nbsp;&nbsp;iA Financial Corp., Inc. | &nbsp;&nbsp; 1296987 |
|  | &nbsp;&nbsp;**Industrials — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5427 | &nbsp;&nbsp;Stantec, Inc. | &nbsp;&nbsp; 469162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6885 | &nbsp;&nbsp;WSP Global, Inc. | &nbsp;&nbsp; 1071528 |
|  | &nbsp;&nbsp;**Information Technology — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2926 | &nbsp;&nbsp;Celestica, Inc.\* | &nbsp;&nbsp; 825405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321 | &nbsp;&nbsp;Constellation Software, Inc. | &nbsp;&nbsp; 563496 |
|  | &nbsp;&nbsp;**Materials — 5.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6059 | &nbsp;&nbsp;Agnico Eagle Mines Ltd. | &nbsp;&nbsp; 1229876 |
| &nbsp;&nbsp;&nbsp;&nbsp;52891 | &nbsp;&nbsp;Barrick Mining Corp. | &nbsp;&nbsp; 2161493 |
| &nbsp;&nbsp;&nbsp;&nbsp;63206 | &nbsp;&nbsp;Kinross Gold Corp. | &nbsp;&nbsp; 1932392 |
| &nbsp;&nbsp;&nbsp;&nbsp;42490 | &nbsp;&nbsp;Pan American Silver Corp. | &nbsp;&nbsp; 2324412 |
|  | &nbsp;&nbsp;Total Canada | &nbsp;&nbsp; 13383928 |
|  | &nbsp;&nbsp;**China — 7.6%** |  |
|  | &nbsp;&nbsp;**Communication Services — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;42599 | &nbsp;&nbsp;NetEase, Inc. | &nbsp;&nbsp; 926278 |
|  | &nbsp;&nbsp;**Consumer Discretionary — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;328846 | &nbsp;&nbsp;Geely Automobile Holdings Ltd. | &nbsp;&nbsp; 877348 |
| &nbsp;&nbsp;&nbsp;&nbsp;170870 | &nbsp;&nbsp;Tongcheng Travel Holdings Ltd. | &nbsp;&nbsp; 392243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7927 | &nbsp;&nbsp;Trip.com Group Ltd. | &nbsp;&nbsp; 384967 |
|  | &nbsp;&nbsp;**Financials — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;148856 | &nbsp;&nbsp;BOC Hong Kong Holdings Ltd. | &nbsp;&nbsp; 812508 |
| &nbsp;&nbsp;&nbsp;&nbsp;71520 | &nbsp;&nbsp;Ping An Insurance Group Co. of China Ltd. Class H | &nbsp;&nbsp; 542247 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 97.5% (Continued)** |  |
|  | &nbsp;&nbsp;**China — (Continued)** |  |
|  | &nbsp;&nbsp;**Health Care — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;103374 | &nbsp;&nbsp;Innovent Biologics, Inc., 144a\* | $1119274 |
| &nbsp;&nbsp;&nbsp;&nbsp;50600 | &nbsp;&nbsp;WuXi AppTec Co. Ltd. Class H, 144a | &nbsp;&nbsp; 758239 |
|  | &nbsp;&nbsp;**Industrials — 2.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;402454 | &nbsp;&nbsp;COSCO SHIPPING Holdings Co. Ltd. Class H | &nbsp;&nbsp; 764751 |
| 1286000 | &nbsp;&nbsp;CRRC Corp. Ltd. Class H | &nbsp;&nbsp; 831508 |
| &nbsp;&nbsp;&nbsp;&nbsp;217000 | &nbsp;&nbsp;SITC International Holdings Co. Ltd. | &nbsp;&nbsp; 943141 |
| &nbsp;&nbsp;&nbsp;&nbsp;229888 | &nbsp;&nbsp;Yangzijiang Shipbuilding Holdings Ltd. | &nbsp;&nbsp; 675878 |
|  | &nbsp;&nbsp;**Information Technology — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;829408 | &nbsp;&nbsp;Lenovo Group Ltd. | &nbsp;&nbsp; 967847 |
|  | &nbsp;&nbsp;**Materials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;162000 | &nbsp;&nbsp;China Hongqiao Group Ltd. | &nbsp;&nbsp; 718145 |
|  | &nbsp;&nbsp;Total China | &nbsp;&nbsp; 10714374 |
|  | &nbsp;&nbsp;**Taiwan — 6.3%** |  |
|  | &nbsp;&nbsp;**Information Technology — 6.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;Accton Technology Corp. | &nbsp;&nbsp; 519550 |
| &nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;Delta Electronics, Inc. | &nbsp;&nbsp; 1985611 |
| &nbsp;&nbsp;&nbsp;&nbsp;114852 | &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp; 6322788 |
|  | &nbsp;&nbsp;Total Taiwan | &nbsp;&nbsp; 8827949 |
|  | &nbsp;&nbsp;**Italy — 5.5%** |  |
|  | &nbsp;&nbsp;**Financials — 4.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;165865 | &nbsp;&nbsp;Banco BPM SpA | &nbsp;&nbsp; 2273741 |
| &nbsp;&nbsp;&nbsp;&nbsp;32728 | &nbsp;&nbsp;FinecoBank Banca Fineco SpA | &nbsp;&nbsp; 716286 |
| &nbsp;&nbsp;&nbsp;&nbsp;286701 | &nbsp;&nbsp;Intesa Sanpaolo SpA | &nbsp;&nbsp; 1710269 |
| &nbsp;&nbsp;&nbsp;&nbsp;31600 | &nbsp;&nbsp;UniCredit SpA | &nbsp;&nbsp; 2222903 |
|  | &nbsp;&nbsp;**Utilities — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;81706 | &nbsp;&nbsp;Enel SpA | &nbsp;&nbsp; 885374 |
|  | &nbsp;&nbsp;Total Italy | &nbsp;&nbsp; 7808573 |
|  | &nbsp;&nbsp;**South Korea — 5.3%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;12619 | &nbsp;&nbsp;Kia Corp. | &nbsp;&nbsp; 1196278 |
|  | &nbsp;&nbsp;**Financials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;32903 | &nbsp;&nbsp;NH Investment & Securities Co. Ltd. | &nbsp;&nbsp; 635869 |
|  | &nbsp;&nbsp;**Industrials — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4586 | &nbsp;&nbsp;HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | &nbsp;&nbsp; 1029990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3760 | &nbsp;&nbsp;Hyundai Rotem Co. Ltd. | &nbsp;&nbsp; 416100 |
|  | &nbsp;&nbsp;**Information Technology — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;21561 | &nbsp;&nbsp;Samsung Electronics Co. Ltd. | &nbsp;&nbsp; 2353670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3526 | &nbsp;&nbsp;SK Hynix, Inc. | &nbsp;&nbsp; 1857789 |
|  | &nbsp;&nbsp;Total South Korea | &nbsp;&nbsp; 7489696 |
|  | &nbsp;&nbsp;**Netherlands — 4.8%** |  |
|  | &nbsp;&nbsp;**Energy — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;34658 | &nbsp;&nbsp;Shell PLC | &nbsp;&nbsp; 1643641 |
|  | &nbsp;&nbsp;**Financials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9307 | &nbsp;&nbsp;EXOR NV | &nbsp;&nbsp; 706230 |
|  | &nbsp;&nbsp;**Information Technology — 3.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863 | &nbsp;&nbsp;ASM International NV | &nbsp;&nbsp; 635407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2906 | &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp; 3759281 |
|  | &nbsp;&nbsp;Total Netherlands | &nbsp;&nbsp; 6744559 |
|  | &nbsp;&nbsp;**United Kingdom — 4.4%** |  |
|  | &nbsp;&nbsp;**Communication Services — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;553979 | &nbsp;&nbsp;Vodafone Group PLC | &nbsp;&nbsp; 830768 |
|  | &nbsp;&nbsp;**Consumer Staples — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;24576 | &nbsp;&nbsp;Imperial Brands PLC | &nbsp;&nbsp; 994405 |

---

------

Touchstone Dynamic International ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 97.5% (Continued)** |  |
|  | &nbsp;&nbsp;**United Kingdom — (Continued)** |  |
|  | &nbsp;&nbsp;**Financials — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;52612 | &nbsp;&nbsp;HSBC Holdings PLC | $850689 |
| &nbsp;&nbsp;&nbsp;&nbsp;84985 | &nbsp;&nbsp;NatWest Group PLC | &nbsp;&nbsp; 622273 |
|  | &nbsp;&nbsp;**Health Care — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3711 | &nbsp;&nbsp;AstraZeneca PLC | &nbsp;&nbsp; 721555 |
|  | &nbsp;&nbsp;**Industrials — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;148478 | &nbsp;&nbsp;Rolls-Royce Holdings PLC | &nbsp;&nbsp; 2224669 |
|  | &nbsp;&nbsp;Total United Kingdom | &nbsp;&nbsp; 6244359 |
|  | &nbsp;&nbsp;**Norway — 3.9%** |  |
|  | &nbsp;&nbsp;**Communication Services — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;95673 | &nbsp;&nbsp;Telenor ASA | &nbsp;&nbsp; 1682668 |
|  | &nbsp;&nbsp;**Energy — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;21445 | &nbsp;&nbsp;Aker BP ASA | &nbsp;&nbsp; 799739 |
| &nbsp;&nbsp;&nbsp;&nbsp;23578 | &nbsp;&nbsp;Equinor ASA | &nbsp;&nbsp; 1023680 |
|  | &nbsp;&nbsp;**Industrials — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;23333 | &nbsp;&nbsp;Kongsberg Gruppen ASA | &nbsp;&nbsp; 994609 |
|  | &nbsp;&nbsp;**Materials — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;90245 | &nbsp;&nbsp;Norsk Hydro ASA | &nbsp;&nbsp; 955304 |
|  | &nbsp;&nbsp;Total Norway | &nbsp;&nbsp; 5456000 |
|  | &nbsp;&nbsp;**Germany — 3.9%** |  |
|  | &nbsp;&nbsp;**Communication Services — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;58577 | &nbsp;&nbsp;Deutsche Telekom AG | &nbsp;&nbsp; 2163214 |
|  | &nbsp;&nbsp;**Financials — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;Hannover Rueck SE | &nbsp;&nbsp; 588120 |
| &nbsp;&nbsp;&nbsp;&nbsp;15617 | &nbsp;&nbsp;Talanx AG | &nbsp;&nbsp; 1906176 |
|  | &nbsp;&nbsp;**Industrials — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1727 | &nbsp;&nbsp;Hochtief AG | &nbsp;&nbsp; 764127 |
|  | &nbsp;&nbsp;Total Germany | &nbsp;&nbsp; 5421637 |
|  | &nbsp;&nbsp;**India — 3.8%** |  |
|  | &nbsp;&nbsp;**Energy — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;336562 | &nbsp;&nbsp;Bharat Petroleum Corp. Ltd. | &nbsp;&nbsp; 997102 |
| &nbsp;&nbsp;&nbsp;&nbsp;502315 | &nbsp;&nbsp;Indian Oil Corp. Ltd. | &nbsp;&nbsp; 717073 |
|  | &nbsp;&nbsp;**Financials — 2.3%** |  |
| 1082187 | &nbsp;&nbsp;Canara Bank | &nbsp;&nbsp; 1408516 |
| &nbsp;&nbsp;&nbsp;&nbsp;92492 | &nbsp;&nbsp;ICICI Bank Ltd. | &nbsp;&nbsp; 1175936 |
| &nbsp;&nbsp;&nbsp;&nbsp;372540 | &nbsp;&nbsp;Union Bank of India Ltd. | &nbsp;&nbsp; 644933 |
|  | &nbsp;&nbsp;**Information Technology — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8243 | &nbsp;&nbsp;Persistent Systems Ltd. | &nbsp;&nbsp; 423862 |
|  | &nbsp;&nbsp;Total India | &nbsp;&nbsp; 5367422 |
|  | &nbsp;&nbsp;**Brazil — 3.8%** |  |
|  | &nbsp;&nbsp;**Communication Services — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;519700 | &nbsp;&nbsp;TIM SA | &nbsp;&nbsp; 2753085 |
|  | &nbsp;&nbsp;**Energy — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;143600 | &nbsp;&nbsp;Petroleo Brasileiro SA - Petrobras | &nbsp;&nbsp; 1488715 |
|  | &nbsp;&nbsp;**Materials — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8490 | &nbsp;&nbsp;Wheaton Precious Metals Corp. | &nbsp;&nbsp; 1114423 |
|  | &nbsp;&nbsp;Total Brazil | &nbsp;&nbsp; 5356223 |
|  | &nbsp;&nbsp;**Switzerland — 3.3%** |  |
|  | &nbsp;&nbsp;**Consumer Staples — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7404 | &nbsp;&nbsp;Nestle SA | &nbsp;&nbsp; 726140 |
|  | &nbsp;&nbsp;**Financials — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6224 | &nbsp;&nbsp;Swiss Re AG | &nbsp;&nbsp; 1029030 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 97.5% (Continued)** |  |
|  | &nbsp;&nbsp;**Switzerland — (Continued)** |  |
|  | &nbsp;&nbsp;**Health Care — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7988 | &nbsp;&nbsp;Galderma Group AG | $1532465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4512 | &nbsp;&nbsp;Novartis AG | &nbsp;&nbsp; 681992 |
|  | &nbsp;&nbsp;**Industrials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1914 | &nbsp;&nbsp;Schindler Holding AG | &nbsp;&nbsp; 623319 |
|  | &nbsp;&nbsp;Total Switzerland | &nbsp;&nbsp; 4592946 |
|  | &nbsp;&nbsp;**Australia — 3.0%** |  |
|  | &nbsp;&nbsp;**Materials — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;13466 | &nbsp;&nbsp;Anglogold Ashanti PLC | &nbsp;&nbsp; 1307029 |
| &nbsp;&nbsp;&nbsp;&nbsp;21644 | &nbsp;&nbsp;BHP Group Ltd. | &nbsp;&nbsp; 752488 |
| &nbsp;&nbsp;&nbsp;&nbsp;151815 | &nbsp;&nbsp;Fortescue Ltd. | &nbsp;&nbsp; 2127366 |
|  | &nbsp;&nbsp;Total Australia | &nbsp;&nbsp; 4186883 |
|  | &nbsp;&nbsp;**Spain — 2.8%** |  |
|  | &nbsp;&nbsp;**Financials — 2.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;102209 | &nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp; 2156023 |
| &nbsp;&nbsp;&nbsp;&nbsp;97573 | &nbsp;&nbsp;Banco Santander SA | &nbsp;&nbsp; 1070280 |
|  | &nbsp;&nbsp;**Health Care — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;70819 | &nbsp;&nbsp;Grifols SA | &nbsp;&nbsp; 733104 |
|  | &nbsp;&nbsp;Total Spain | &nbsp;&nbsp; 3959407 |
|  | &nbsp;&nbsp;**Hong Kong — 2.7%** |  |
|  | &nbsp;&nbsp;**Financials — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;283410 | &nbsp;&nbsp;AIA Group Ltd. | &nbsp;&nbsp; 3066793 |
|  | &nbsp;&nbsp;**Industrials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;68500 | &nbsp;&nbsp;Swire Pacific Ltd. - Class A | &nbsp;&nbsp; 745610 |
|  | &nbsp;&nbsp;Total Hong Kong | &nbsp;&nbsp; 3812403 |
|  | &nbsp;&nbsp;**Finland — 2.6%** |  |
|  | &nbsp;&nbsp;**Health Care — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;24573 | &nbsp;&nbsp;Orion Oyj - Class B | &nbsp;&nbsp; 1979668 |
|  | &nbsp;&nbsp;**Industrials — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;43928 | &nbsp;&nbsp;Wartsila Oyj Abp | &nbsp;&nbsp; 1610049 |
|  | &nbsp;&nbsp;Total Finland | &nbsp;&nbsp; 3589717 |
|  | &nbsp;&nbsp;**Singapore — 2.5%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8396 | &nbsp;&nbsp;Sea Ltd. ADR\* | &nbsp;&nbsp; 695273 |
|  | &nbsp;&nbsp;**Financials — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;115021 | &nbsp;&nbsp;Oversea-Chinese Banking Corp. Ltd. | &nbsp;&nbsp; 1965475 |
|  | &nbsp;&nbsp;**Industrials — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;101700 | &nbsp;&nbsp;Singapore Technologies Engineering Ltd. | &nbsp;&nbsp; 855080 |
|  | &nbsp;&nbsp;Total Singapore | &nbsp;&nbsp; 3515828 |
|  | &nbsp;&nbsp;**Denmark — 2.3%** |  |
|  | &nbsp;&nbsp;**Health Care — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3937 | &nbsp;&nbsp;Genmab A/S\* | &nbsp;&nbsp; 1043136 |
|  | &nbsp;&nbsp;**Industrials — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;AP Moller - Maersk A/S - Class A | &nbsp;&nbsp; 1197049 |
| &nbsp;&nbsp;&nbsp;&nbsp;32872 | &nbsp;&nbsp;Vestas Wind Systems A/S | &nbsp;&nbsp; 966808 |
|  | &nbsp;&nbsp;Total Denmark | &nbsp;&nbsp; 3206993 |
|  | &nbsp;&nbsp;**Mexico — 1.4%** |  |
|  | &nbsp;&nbsp;**Materials — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11737 | &nbsp;&nbsp;Southern Copper Corp. | &nbsp;&nbsp; 2019468 |
|  | &nbsp;&nbsp;**Sweden — 1.4%** |  |
|  | &nbsp;&nbsp;**Industrials — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;37995 | &nbsp;&nbsp;Skanska AB - Class B | &nbsp;&nbsp; 1013826 |

---

------

Touchstone Dynamic International ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 97.5% (Continued)** |  |
|  | &nbsp;&nbsp;**Sweden — (Continued)** |  |
|  | &nbsp;&nbsp;**Information Technology — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;89113 | &nbsp;&nbsp;Telefonaktiebolaget LM Ericsson - Class B<sup>†</sup> | $1000640 |
|  | &nbsp;&nbsp;Total Sweden | &nbsp;&nbsp; 2014466 |
|  | &nbsp;&nbsp;**France — 1.2%** |  |
|  | &nbsp;&nbsp;**Energy — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8845 | &nbsp;&nbsp;TotalEnergies SE | &nbsp;&nbsp; 827183 |
|  | &nbsp;&nbsp;**Health Care — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9615 | &nbsp;&nbsp;Sanofi SA | &nbsp;&nbsp; 919308 |
|  | &nbsp;&nbsp;Total France | &nbsp;&nbsp; 1746491 |
|  | &nbsp;&nbsp;**Peru — 1.0%** |  |
|  | &nbsp;&nbsp;**Financials — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4305 | &nbsp;&nbsp;Credicorp Ltd. | &nbsp;&nbsp; 1460170 |
|  | &nbsp;&nbsp;**Israel — 0.5%** |  |
|  | &nbsp;&nbsp;**Financials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;31273 | &nbsp;&nbsp;Bank Leumi Le-Israel BM | &nbsp;&nbsp; 694127 |
|  | &nbsp;&nbsp;**Total Common Stocks** | $137294186 |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 6.3%** |  |
| 8894839 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω\*\*</sup> | &nbsp;&nbsp; 8894839 |
|  | &nbsp;&nbsp;**Total Investment Securities — 103.8%<br> (Cost $137,894,934)** | $146189025 |
|  | &nbsp;&nbsp;**Liabilities in Excess of Other Assets — (3.8)%** | &nbsp;&nbsp;&nbsp; (5285291) |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $140903734 |

---

---

| | |
|:---|:---|
| *\** | *Non-income producing security.* |
| *\*\** | *All or a portion of the security represents collateral for securities loaned.* |
| *†* | *All or a portion of the security is on loan. The total market value of the securities on loan as of March 31, 2026 was $4,048,122.* |
| *∞* | *Open-End Fund.* |
| *Ω* | *Represents the 7-Day SEC yield as of March 31, 2026.* |

---

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *ADR – American Depositary Receipt* |
| *PLC – Public Limited Company* |
| *144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, these securities were valued at $1,877,513 or 1.3% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees.* |

---

*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Common Stocks* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;*Japan* | *$19680567* | *$—* | *$—* | *$19680567* |
| &nbsp;&nbsp;&nbsp;*Canada* | &nbsp;&nbsp;&nbsp;&nbsp;*13383928* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*13383928* |
| &nbsp;&nbsp;&nbsp;*China* | &nbsp;&nbsp;&nbsp;&nbsp;*10714374* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*10714374* |
| &nbsp;&nbsp;&nbsp;*Taiwan* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*8827949* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*8827949* |
| &nbsp;&nbsp;&nbsp;*Italy* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7808573* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7808573* |
| &nbsp;&nbsp;&nbsp;*South Korea* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7489696* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7489696* |
| &nbsp;&nbsp;&nbsp;*Netherlands* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*6744559* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*6744559* |
| &nbsp;&nbsp;&nbsp;*United Kingdom* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*6244359* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*6244359* |
| &nbsp;&nbsp;&nbsp;*Norway* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5456000* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5456000* |
| &nbsp;&nbsp;&nbsp;*Germany* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5421637* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5421637* |
| &nbsp;&nbsp;&nbsp;*India* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5367422* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5367422* |
| &nbsp;&nbsp;&nbsp;*Brazil* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5356223* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5356223* |
| &nbsp;&nbsp;&nbsp;*Switzerland* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4592946* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4592946* |
| &nbsp;&nbsp;&nbsp;*Australia* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4186883* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4186883* |
| &nbsp;&nbsp;&nbsp;*Spain* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3959407* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3959407* |
| &nbsp;&nbsp;&nbsp;*Hong Kong* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3812403* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3812403* |
| &nbsp;&nbsp;&nbsp;*Finland* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3589717* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3589717* |
| &nbsp;&nbsp;&nbsp;*Singapore* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3515828* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3515828* |
| &nbsp;&nbsp;&nbsp;*Denmark* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3206993* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3206993* |
| &nbsp;&nbsp;&nbsp;*Mexico* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2019468* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2019468* |
| &nbsp;&nbsp;&nbsp;*Sweden* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2014466* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2014466* |
| &nbsp;&nbsp;&nbsp;*France* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1746491* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1746491* |
| &nbsp;&nbsp;&nbsp;*Peru* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1460170* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1460170* |
| &nbsp;&nbsp;&nbsp;*Israel* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*694127* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*694127* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*8894839* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*8894839* |
| *Total* | *$146189025* | *$—* | *$—* | *$146189025* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone International Equity ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 97.4%** |  |
|  | &nbsp;&nbsp;**United States — 21.8%** |  |
|  | &nbsp;&nbsp;**Consumer Staples — 3.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;23099 | &nbsp;&nbsp;Philip Morris International, Inc. | $3819189 |
|  | &nbsp;&nbsp;**Financials — 3.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;103414 | &nbsp;&nbsp;Burford Capital Ltd. | &nbsp;&nbsp; 467431 |
| &nbsp;&nbsp;&nbsp;&nbsp;10283 | &nbsp;&nbsp;Willis Towers Watson PLC | &nbsp;&nbsp; 2989268 |
|  | &nbsp;&nbsp;**Health Care — 7.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;26111 | &nbsp;&nbsp;ICON PLC\* | &nbsp;&nbsp; 2889443 |
| &nbsp;&nbsp;&nbsp;&nbsp;10470 | &nbsp;&nbsp;Roche Holding AG | &nbsp;&nbsp; 4120697 |
|  | &nbsp;&nbsp;**Materials — 7.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10657 | &nbsp;&nbsp;Air Products & Chemicals, Inc. | &nbsp;&nbsp; 3095752 |
| &nbsp;&nbsp;&nbsp;&nbsp;38293 | &nbsp;&nbsp;CRH PLC | &nbsp;&nbsp; 4025360 |
|  | &nbsp;&nbsp;Total United States | &nbsp;&nbsp; 21407140 |
|  | &nbsp;&nbsp;**United Kingdom — 21.5%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 7.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;147171 | &nbsp;&nbsp;Compass Group PLC | &nbsp;&nbsp; 4061487 |
| &nbsp;&nbsp;&nbsp;&nbsp;28406 | &nbsp;&nbsp;InterContinental Hotels Group PLC | &nbsp;&nbsp; 3704142 |
|  | &nbsp;&nbsp;**Consumer Staples — 4.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;77456 | &nbsp;&nbsp;Diageo PLC | &nbsp;&nbsp; 1431190 |
| &nbsp;&nbsp;&nbsp;&nbsp;46994 | &nbsp;&nbsp;Unilever PLC | &nbsp;&nbsp; 2611831 |
|  | &nbsp;&nbsp;**Financials — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;24955 | &nbsp;&nbsp;London Stock Exchange Group PLC | &nbsp;&nbsp; 2927818 |
|  | &nbsp;&nbsp;**Industrials — 6.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;120156 | &nbsp;&nbsp;BAE Systems PLC | &nbsp;&nbsp; 3498847 |
| &nbsp;&nbsp;&nbsp;&nbsp;87550 | &nbsp;&nbsp;RELX PLC | &nbsp;&nbsp; 2869218 |
|  | &nbsp;&nbsp;Total United Kingdom | &nbsp;&nbsp; 21104533 |
|  | &nbsp;&nbsp;**Netherlands — 10.5%** |  |
|  | &nbsp;&nbsp;**Communication Services — 4.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;210132 | &nbsp;&nbsp;Universal Music Group NV | &nbsp;&nbsp; 4040327 |
|  | &nbsp;&nbsp;**Consumer Staples — 3.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;210189 | &nbsp;&nbsp;Magnum Ice Cream Co. NV (The)\* | &nbsp;&nbsp; 3085306 |
|  | &nbsp;&nbsp;**Information Technology — 3.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2477 | &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp; 3204315 |
|  | &nbsp;&nbsp;Total Netherlands | &nbsp;&nbsp; 10329948 |
|  | &nbsp;&nbsp;**Switzerland — 7.3%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11751 | &nbsp;&nbsp;Cie Financiere Richemont SA | &nbsp;&nbsp; 2036144 |
|  | &nbsp;&nbsp;**Consumer Staples — 3.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;31984 | &nbsp;&nbsp;Nestle SA | &nbsp;&nbsp; 3136800 |
|  | &nbsp;&nbsp;**Health Care — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;27536 | &nbsp;&nbsp;Alcon AG | &nbsp;&nbsp; 2040750 |
|  | &nbsp;&nbsp;Total Switzerland | &nbsp;&nbsp; 7213694 |
|  | &nbsp;&nbsp;**Germany — 7.2%** |  |
|  | &nbsp;&nbsp;**Financials — 3.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8918 | &nbsp;&nbsp;Allianz SE | &nbsp;&nbsp; 3703618 |
|  | &nbsp;&nbsp;**Information Technology — 3.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;20082 | &nbsp;&nbsp;SAP SE | &nbsp;&nbsp; 3409810 |
|  | &nbsp;&nbsp;Total Germany | &nbsp;&nbsp; 7113428 |
|  | &nbsp;&nbsp;**France — 6.9%** |  |
|  | &nbsp;&nbsp;**Industrials — 4.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;14067 | &nbsp;&nbsp;Safran SA | &nbsp;&nbsp; 4542860 |
|  | &nbsp;&nbsp;**Materials — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10613 | &nbsp;&nbsp;Air Liquide SA | &nbsp;&nbsp; 2182551 |
|  | &nbsp;&nbsp;Total France | &nbsp;&nbsp; 6725411 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 97.4% (Continued)** |  |
|  | &nbsp;&nbsp;**Taiwan — 4.9%** |  |
|  | &nbsp;&nbsp;**Information Technology — 4.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;14198 | &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. ADR | $4798214 |
|  | &nbsp;&nbsp;**Japan — 4.2%** |  |
|  | &nbsp;&nbsp;**Communication Services — 4.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;73700 | &nbsp;&nbsp;Nintendo Co. Ltd. | &nbsp;&nbsp; 4074966 |
|  | &nbsp;&nbsp;**Spain — 3.6%** |  |
|  | &nbsp;&nbsp;**Industrials — 3.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;121334 | &nbsp;&nbsp;Aena SME SA, 144a | &nbsp;&nbsp; 3579024 |
|  | &nbsp;&nbsp;**Canada — 3.1%** |  |
|  | &nbsp;&nbsp;**Industrials — 3.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;29447 | &nbsp;&nbsp;Canadian National Railway Co. | &nbsp;&nbsp; 3030854 |
|  | &nbsp;&nbsp;**Finland — 2.6%** |  |
|  | &nbsp;&nbsp;**Industrials — 2.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;40444 | &nbsp;&nbsp;Kone Oyj - Class B<sup>†</sup> | &nbsp;&nbsp; 2560812 |
|  | &nbsp;&nbsp;**Sweden — 2.4%** |  |
|  | &nbsp;&nbsp;**Industrials — 2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;65757 | &nbsp;&nbsp;Assa Abloy AB - Class B | &nbsp;&nbsp; 2336693 |
|  | &nbsp;&nbsp;**Denmark — 1.4%** |  |
|  | &nbsp;&nbsp;**Health Care — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;20514 | &nbsp;&nbsp;Coloplast A/S - Class B | &nbsp;&nbsp; 1384692 |
|  | &nbsp;&nbsp;**Total Common Stocks** | &nbsp;&nbsp; $95659409 |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 5.1%** |  |
| 5044383 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω\*\*</sup> | &nbsp;&nbsp; 5044383 |
|  | &nbsp;&nbsp;**Total Investment Securities — 102.5%<br> (Cost $108,010,269)** | $100703792 |
|  | &nbsp;&nbsp;**Liabilities in Excess of Other Assets — (2.5)%** | &nbsp;&nbsp;&nbsp; (2435268) |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | &nbsp;&nbsp; $98268524 |

---

---

| | |
|:---|:---|
| *\** | *Non-income producing security.* |
| *\*\** | *Represents collateral for securities loaned.* |
| *†* | *All or a portion of the security is on loan. The total market value of the securities on loan as of March 31, 2026 was $2,473,117.* |
| *∞* | *Open-End Fund.* |
| *Ω* | *Represents the 7-Day SEC yield as of March 31, 2026.* |

---

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *ADR – American Depositary Receipt* |
| *PLC – Public Limited Company* |
| *144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, these securities were valued at $3,579,024 or 3.6% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees.* |

---

------

Touchstone International Equity ETF (Unaudited) (Continued)

*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Common Stocks* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;*United States* | *$21407140* | *$—* | *$—* | *$21407140* |
| &nbsp;&nbsp;&nbsp;*United Kingdom* | &nbsp;&nbsp;&nbsp;&nbsp;*21104534* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*21104534* |
| &nbsp;&nbsp;&nbsp;*Netherlands* | &nbsp;&nbsp;&nbsp;&nbsp;*10329948* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*10329948* |
| &nbsp;&nbsp;&nbsp;*Switzerland* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7213693* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7213693* |
| &nbsp;&nbsp;&nbsp;*Germany* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7113428* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7113428* |
| &nbsp;&nbsp;&nbsp;*France* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*6725411* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*6725411* |
| &nbsp;&nbsp;&nbsp;*Taiwan* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4798214* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4798214* |
| &nbsp;&nbsp;&nbsp;*Japan* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4074966* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4074966* |
| &nbsp;&nbsp;&nbsp;*Spain* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3579024* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3579024* |
| &nbsp;&nbsp;&nbsp;*Canada* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3030854* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3030854* |
| &nbsp;&nbsp;&nbsp;*Finland* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2560812* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2560812* |
| &nbsp;&nbsp;&nbsp;*Sweden* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2336693* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2336693* |
| &nbsp;&nbsp;&nbsp;*Denmark* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1384692* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1384692* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5044383* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5044383* |
| *Total* | *$100703792* | *$—* | *$—* | *$100703792* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone Sands Capital Emerging Markets ex-China Growth ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 96.0%** |  |
|  | &nbsp;&nbsp;**India — 22.6%** |  |
|  | &nbsp;&nbsp;**Communication Services — 2.9%** |  |
| 14600 | &nbsp;&nbsp;Bharti Airtel Ltd. | $274363 |
|  | &nbsp;&nbsp;**Consumer Discretionary — 5.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1642 | &nbsp;&nbsp;Amber Enterprises India Ltd.\* | &nbsp;&nbsp; 113375 |
| 58911 | &nbsp;&nbsp;Eternal Ltd.\* | &nbsp;&nbsp; 142220 |
| &nbsp;&nbsp;&nbsp;&nbsp;4916 | &nbsp;&nbsp;Titan Co. Ltd. | &nbsp;&nbsp; 204801 |
|  | &nbsp;&nbsp;**Consumer Staples — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1972 | &nbsp;&nbsp;Britannia Industries Ltd. | &nbsp;&nbsp; 112750 |
|  | &nbsp;&nbsp;**Financials — 8.7%** |  |
| 44690 | &nbsp;&nbsp;Bajaj Finance Ltd. | &nbsp;&nbsp; 377667 |
| 37964 | &nbsp;&nbsp;HDFC Bank Ltd. | &nbsp;&nbsp; 292809 |
| 21541 | &nbsp;&nbsp;HDFC Life Insurance Co. Ltd., 144a | &nbsp;&nbsp; 134131 |
|  | &nbsp;&nbsp;**Health Care — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1781 | &nbsp;&nbsp;Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp; 139308 |
|  | &nbsp;&nbsp;**Industrials — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;9963 | &nbsp;&nbsp;Adani Ports & Special Economic Zone Ltd. | &nbsp;&nbsp; 137877 |
|  | &nbsp;&nbsp;**Real Estate — 1.8%** |  |
| 10699 | &nbsp;&nbsp;Phoenix Mills Ltd. (The) | &nbsp;&nbsp; 169912 |
|  | &nbsp;&nbsp;Total India | &nbsp;&nbsp;2099213 |
|  | &nbsp;&nbsp;**Taiwan — 21.7%** |  |
|  | &nbsp;&nbsp;**Information Technology — 21.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp;Delta Electronics, Inc. | &nbsp;&nbsp; 349640 |
| &nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;eMemory Technology, Inc. | &nbsp;&nbsp; 115171 |
| &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;MediaTek, Inc. | &nbsp;&nbsp; 130497 |
| 17300 | &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp; 952393 |
| &nbsp;&nbsp;&nbsp;&nbsp;1397 | &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. ADR | &nbsp;&nbsp; 472116 |
|  | &nbsp;&nbsp;Total Taiwan | &nbsp;&nbsp;2019817 |
|  | &nbsp;&nbsp;**South Korea — 20.0%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 2.9%** |  |
| 14419 | &nbsp;&nbsp;Coupang, Inc.\* | &nbsp;&nbsp; 272231 |
|  | &nbsp;&nbsp;**Consumer Staples — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;Cosmax, Inc. | &nbsp;&nbsp; 90190 |
|  | &nbsp;&nbsp;**Health Care — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96 | &nbsp;&nbsp;Samsung Biologics Co. Ltd., 144a\* | &nbsp;&nbsp; 94267 |
|  | &nbsp;&nbsp;**Information Technology — 15.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8994 | &nbsp;&nbsp;Samsung Electronics Co. Ltd. | &nbsp;&nbsp; 981815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798 | &nbsp;&nbsp;SK Hynix, Inc. | &nbsp;&nbsp; 420452 |
|  | &nbsp;&nbsp;Total South Korea | &nbsp;&nbsp;1858955 |
|  | &nbsp;&nbsp;**Brazil — 12.0%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218 | &nbsp;&nbsp;MercadoLibre, Inc.\* | &nbsp;&nbsp; 376926 |
|  | &nbsp;&nbsp;**Consumer Staples — 1.8%** |  |
| 38192 | &nbsp;&nbsp;Raia Drogasil SA | &nbsp;&nbsp; 172680 |
|  | &nbsp;&nbsp;**Financials — 4.3%** |  |
| 27653 | &nbsp;&nbsp;NU Holdings Ltd. - Class A\* | &nbsp;&nbsp; 397374 |
|  | &nbsp;&nbsp;**Industrials — 1.9%** |  |
| 17600 | &nbsp;&nbsp;WEG SA | &nbsp;&nbsp; 173015 |
|  | &nbsp;&nbsp;Total Brazil | &nbsp;&nbsp;1119995 |
|  | &nbsp;&nbsp;**Singapore — 3.3%** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 2.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2949 | &nbsp;&nbsp;Sea Ltd. ADR\* | &nbsp;&nbsp; 244207 |
|  | &nbsp;&nbsp;**Industrials — 0.7%** |  |
| 18431 | &nbsp;&nbsp;Grab Holdings Ltd. - Class A\* | &nbsp;&nbsp; 67457 |
|  | &nbsp;&nbsp;Total Singapore | &nbsp;&nbsp; 311664 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 96.0% (Continued)** |  |
|  | &nbsp;&nbsp;**Kazakhstan — 2.8%** |  |
|  | &nbsp;&nbsp;**Financials — 2.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3589 | &nbsp;&nbsp;Kaspi.KZ JSC ADR\* | $265837 |
|  | &nbsp;&nbsp;**Mexico — 2.4%** |  |
|  | &nbsp;&nbsp;**Consumer Staples — 2.4%** |  |
| 68471 | &nbsp;&nbsp;Wal-Mart de Mexico SAB de CV | &nbsp;&nbsp; 223258 |
|  | &nbsp;&nbsp;**Indonesia — 2.3%** |  |
|  | &nbsp;&nbsp;**Consumer Staples — 0.8%** |  |
| 832300 | &nbsp;&nbsp;Sumber Alfaria Trijaya Tbk PT | &nbsp;&nbsp; 72483 |
|  | &nbsp;&nbsp;**Financials — 1.5%** |  |
| 369500 | &nbsp;&nbsp;Bank Central Asia Tbk PT | &nbsp;&nbsp; 140238 |
|  | &nbsp;&nbsp;Total Indonesia | &nbsp;&nbsp; 212721 |
|  | &nbsp;&nbsp;**Saudi Arabia — 2.2%** |  |
|  | &nbsp;&nbsp;**Financials — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7144 | &nbsp;&nbsp;Al Rajhi Bank | &nbsp;&nbsp; 202939 |
|  | &nbsp;&nbsp;**Netherlands — 2.0%** |  |
|  | &nbsp;&nbsp;**Information Technology — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp; 184916 |
|  | &nbsp;&nbsp;**Poland — 2.0%** |  |
|  | &nbsp;&nbsp;**Consumer Staples — 2.0%** |  |
| 20530 | &nbsp;&nbsp;Dino Polska SA, 144a\* | &nbsp;&nbsp; 184605 |
|  | &nbsp;&nbsp;**Philippines — 1.4%** |  |
|  | &nbsp;&nbsp;**Industrials — 1.4%** |  |
| 11280 | &nbsp;&nbsp;International Container Terminal Services, Inc. | &nbsp;&nbsp; 127747 |
|  | &nbsp;&nbsp;**South Africa — 1.3%** |  |
|  | &nbsp;&nbsp;**Financials — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;Capitec Bank Holdings Ltd. | &nbsp;&nbsp; 118156 |
|  | &nbsp;&nbsp;**Total Common Stocks** | $8929823 |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 5.1%** |  |
| 470424 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω</sup> | &nbsp;&nbsp; 470424 |
|  | &nbsp;&nbsp;**Total Investment Securities — 101.1%<br> (Cost $8,949,454)** | $9400247 |
|  | &nbsp;&nbsp;**Liabilities in Excess of Other Assets — (1.1)%** | &nbsp;&nbsp;&nbsp; (101815) |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $9298432 |

---

---

| | |
|:---|:---|
| *\** | *Non-income producing security.* |
| *∞* | *Open-End Fund.* |
| *Ω* | *Represents the 7-Day SEC yield as of March 31, 2026.* |

---

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *ADR – American Depositary Receipt* |
| *JSC – Joint Stock Company* |
| *144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, these securities were valued at $413,003 or 4.4% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees.* |

---

------

Touchstone Sands Capital Emerging Markets ex-China Growth ETF (Unaudited) (Continued)

*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** | ***Valuation inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Common Stocks* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;*India* | *$2099213* | *$—* | *$—* | *$2099213* |
| &nbsp;&nbsp;&nbsp;*Taiwan* | &nbsp;&nbsp;&nbsp;*2019817* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*2019817* |
| &nbsp;&nbsp;&nbsp;*South Korea* | &nbsp;&nbsp;&nbsp;*1858955* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*1858955* |
| &nbsp;&nbsp;&nbsp;*Brazil* | &nbsp;&nbsp;&nbsp;*1119995* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*1119995* |
| &nbsp;&nbsp;&nbsp;*Singapore* | &nbsp;&nbsp;&nbsp;&nbsp;*311664* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*311664* |
| &nbsp;&nbsp;&nbsp;*Kazakhstan* | &nbsp;&nbsp;&nbsp;&nbsp;*265837* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*265837* |
| &nbsp;&nbsp;&nbsp;*Mexico* | &nbsp;&nbsp;&nbsp;&nbsp;*223258* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*223258* |
| &nbsp;&nbsp;&nbsp;*Indonesia* | &nbsp;&nbsp;&nbsp;&nbsp;*212721* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*212721* |
| &nbsp;&nbsp;&nbsp;*Saudi Arabia* | &nbsp;&nbsp;&nbsp;&nbsp;*202939* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*202939* |
| &nbsp;&nbsp;&nbsp;*Netherlands* | &nbsp;&nbsp;&nbsp;&nbsp;*184916* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*184916* |
| &nbsp;&nbsp;&nbsp;*Poland* | &nbsp;&nbsp;&nbsp;&nbsp;*184605* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*184605* |
| &nbsp;&nbsp;&nbsp;*Philippines* | &nbsp;&nbsp;&nbsp;&nbsp;*127747* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*127747* |
| &nbsp;&nbsp;&nbsp;*South Africa* | &nbsp;&nbsp;&nbsp;&nbsp;*118156* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*118156* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;&nbsp;*470424* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*470424* |
| *Total* | *$9400247* | *$—* | *$—* | *$9400247* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone Sands Capital US Select Growth ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 93.4%** |  |
|  | &nbsp;&nbsp;**Information Technology — 39.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4265 | &nbsp;&nbsp;AppLovin Corp. - Class A\* | $1697470 |
| &nbsp;&nbsp;&nbsp;&nbsp;15957 | &nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp; 4938851 |
| &nbsp;&nbsp;&nbsp;&nbsp;11082 | &nbsp;&nbsp;Cloudflare, Inc. - Class A\* | &nbsp;&nbsp; 2286660 |
| &nbsp;&nbsp;&nbsp;&nbsp;13517 | &nbsp;&nbsp;Datadog, Inc. - Class A\* | &nbsp;&nbsp; 1595682 |
| &nbsp;&nbsp;&nbsp;&nbsp;18687 | &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp; 6917367 |
| &nbsp;&nbsp;&nbsp;&nbsp;104965 | &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp; 18305896 |
| &nbsp;&nbsp;&nbsp;&nbsp;72469 | &nbsp;&nbsp;Samsara, Inc. - Class A\* | &nbsp;&nbsp; 2296542 |
| &nbsp;&nbsp;&nbsp;&nbsp;45593 | &nbsp;&nbsp;Shopify, Inc. (Canada) - Class A\* | &nbsp;&nbsp; 5408242 |
|  |  | &nbsp;&nbsp; 43446710 |
|  | &nbsp;&nbsp;**Communication Services — 20.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;18335 | &nbsp;&nbsp;Alphabet, Inc. - Class A | &nbsp;&nbsp; 5272412 |
| &nbsp;&nbsp;&nbsp;&nbsp;12645 | &nbsp;&nbsp;Meta Platforms, Inc. - Class A | &nbsp;&nbsp; 7234584 |
| &nbsp;&nbsp;&nbsp;&nbsp;30472 | &nbsp;&nbsp;Netflix, Inc.\* | &nbsp;&nbsp; 2929883 |
| &nbsp;&nbsp;&nbsp;&nbsp;28012 | &nbsp;&nbsp;ROBLOX Corp. - Class A\* | &nbsp;&nbsp; 1584359 |
| &nbsp;&nbsp;&nbsp;&nbsp;11466 | &nbsp;&nbsp;Spotify Technology SA\* | &nbsp;&nbsp; 5559978 |
|  |  | &nbsp;&nbsp; 22581216 |
|  | &nbsp;&nbsp;**Consumer Discretionary — 13.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;38631 | &nbsp;&nbsp;Amazon.com, Inc.\* | &nbsp;&nbsp; 8045678 |
| &nbsp;&nbsp;&nbsp;&nbsp;12852 | &nbsp;&nbsp;Carvana Co.\* | &nbsp;&nbsp; 4040412 |
| &nbsp;&nbsp;&nbsp;&nbsp;18045 | &nbsp;&nbsp;DoorDash, Inc. - Class A\* | &nbsp;&nbsp; 2709457 |
|  |  | &nbsp;&nbsp; 14795547 |
|  | &nbsp;&nbsp;**Financials — 12.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;59701 | &nbsp;&nbsp;Block, Inc.\* | &nbsp;&nbsp; 3592806 |
| &nbsp;&nbsp;&nbsp;&nbsp;17754 | &nbsp;&nbsp;Intercontinental Exchange, Inc. | &nbsp;&nbsp; 2792349 |
| &nbsp;&nbsp;&nbsp;&nbsp;252508 | &nbsp;&nbsp;NU Holdings Ltd. (Brazil) - Class A\* | &nbsp;&nbsp; 3628540 |
| &nbsp;&nbsp;&nbsp;&nbsp;10657 | &nbsp;&nbsp;Visa, Inc. - Class A | &nbsp;&nbsp; 3220972 |
|  |  | &nbsp;&nbsp; 13234667 |
|  | &nbsp;&nbsp;**Industrials — 7.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2656 | &nbsp;&nbsp;Axon Enterprise, Inc.\* | &nbsp;&nbsp; 1127977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9810 | &nbsp;&nbsp;Carpenter Technology Corp. | &nbsp;&nbsp; 3866611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5188 | &nbsp;&nbsp;Quanta Services, Inc. | &nbsp;&nbsp; 2848316 |
|  |  | &nbsp;&nbsp; 7842904 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 93.4% (Continued)** |  |
|  | &nbsp;&nbsp;**Health Care — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;37918 | &nbsp;&nbsp;Ultragenyx Pharmaceutical, Inc.\* | $794382 |
|  | &nbsp;&nbsp;**Total Common Stocks** | $102695426 |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 6.7%** |  |
| 7344008 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω</sup> | &nbsp;&nbsp; 7344008 |
|  | &nbsp;&nbsp;**Total Investment Securities—100.1%<br> (Cost $113,820,221)** | $110039434 |
|  | &nbsp;&nbsp;**Liabilities in Excess of Other Assets — (0.1%)** | &nbsp;&nbsp;&nbsp; (73746) |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $109965688 |

---

---

| | |
|:---|:---|
| *\** | *Non-income producing security.* |
| *∞* | *Open-End Fund.* |
| *Ω* | *Represents the 7-Day SEC yield as of March 31, 2026.* |

---

*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Common Stocks* | *$102695426* | *$—* | *$—* | *$102695426* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7344008* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*7344008* |
| *Total* | *$110039434* | *$—* | *$—* | *$110039434* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone Securitized Income ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 37.9%** | &nbsp;&nbsp;**Asset-Backed Securities — 37.9%** |
| $191795 | &nbsp;&nbsp;321 Henderson Receivables I LLC, Ser 2015-2A, Class A, 144a, 3.870%, 3/15/58 | $175294 |
| &nbsp;&nbsp; 581936 | &nbsp;&nbsp;AB Issuer LLC, Ser 2021-1, Class A2, 144a, 3.734%, 7/30/51 | &nbsp;&nbsp; 553940 |
| &nbsp;&nbsp; 1280000 | &nbsp;&nbsp;Ballyrock CLO 26 Ltd. (Cayman Islands), Ser 2024-26A, Class C1, 144a, (TSFR3M + 3.300%), 6.968%, 7/25/37<sup>(A)</sup> | &nbsp;&nbsp; 1282060 |
| &nbsp;&nbsp; 966000 | &nbsp;&nbsp;Bridgecrest Lending Auto Securitization Trust, Ser 2023-1, Class E, 144a, 10.370%, 7/15/30 | &nbsp;&nbsp; 1037304 |
| &nbsp;&nbsp; 1390000 | &nbsp;&nbsp;Bridgecrest Lending Auto Securitization Trust, Ser 2025-3, Class E, 144a, 6.620%, 5/17/32 | &nbsp;&nbsp; 1388999 |
| &nbsp;&nbsp; 960000 | &nbsp;&nbsp;Bridgecrest Lending Auto Securitization Trust, Ser 2026-1, Class E, 144a, 6.630%, 2/15/33 | &nbsp;&nbsp; 949105 |
| &nbsp;&nbsp; 2240000 | &nbsp;&nbsp;Cajun Global LLC, Ser 2025-2A, Class M, 144a, 8.720%, 11/20/55 | &nbsp;&nbsp; 2200673 |
| &nbsp;&nbsp; 800000 | &nbsp;&nbsp;Carlyle US CLO Ltd. (Cayman Islands), Ser 2019-1A, Class CR2, 144a, (TSFR3M + 2.600%), 6.268%, 4/20/31<sup>(A)</sup> | &nbsp;&nbsp; 784240 |
| &nbsp;&nbsp; 300000 | &nbsp;&nbsp;CFMT LLC, Ser 2023-HB12, Class M1, 144a, 4.250%, 4/25/33<sup>(A)(B)</sup> | &nbsp;&nbsp; 297841 |
| &nbsp;&nbsp; 1800000 | &nbsp;&nbsp;CIFC Funding Ltd. (Cayman Islands), Ser 2022-4A, Class DR, 144a, (TSFR3M + 2.700%), 6.371%, 7/16/35<sup>(A)</sup> | &nbsp;&nbsp; 1721677 |
| &nbsp;&nbsp; 853133 | &nbsp;&nbsp;DB Master Finance LLC, Ser 2021-1A, Class A23, 144a, 2.791%, 11/20/51 | &nbsp;&nbsp; 754314 |
| &nbsp;&nbsp; 934092 | &nbsp;&nbsp;Driven Brands Funding LLC, Ser 2021-1A, Class A2, 144a, 2.791%, 10/20/51 | &nbsp;&nbsp; 842571 |
| &nbsp;&nbsp; 2955000 | &nbsp;&nbsp;Driven Brands Funding LLC, Ser 2024-1A, Class A2, 144a, 6.372%, 10/20/54 | &nbsp;&nbsp; 2723062 |
| &nbsp;&nbsp; 1845000 | &nbsp;&nbsp;Flatiron RR CLO 22 LLC, Ser 2021-2A, Class DR, 144a, (TSFR3M + 2.400%), 6.072%, 10/15/34<sup>(A)</sup> | &nbsp;&nbsp; 1759124 |
| &nbsp;&nbsp; 488750 | &nbsp;&nbsp;FOCUS Brands Funding, Ser 2023-2, Class A2, 144a, 8.241%, 10/30/53 | &nbsp;&nbsp; 511602 |
| &nbsp;&nbsp; 1390000 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2025-2A, Class E, 144a, 7.730%, 6/15/32 | &nbsp;&nbsp; 1434853 |
| &nbsp;&nbsp; 1545000 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2026-1A, Class E, 144a, 6.510%, 3/15/33 | &nbsp;&nbsp; 1516524 |
| &nbsp;&nbsp; 2509375 | &nbsp;&nbsp;Goto Foods Funding LLC, Ser 2017-1A, Class A2II, 144a, 5.093%, 4/30/47 | &nbsp;&nbsp; 2496706 |
| &nbsp;&nbsp; 149285 | &nbsp;&nbsp;J.G. Wentworth XXXIX LLC, Ser 2017-2A, Class A, 144a, 3.530%, 9/15/72 | &nbsp;&nbsp; 132465 |
| &nbsp;&nbsp; 500828 | &nbsp;&nbsp;J.G. Wentworth XXXIX LLC, Ser 2017-2A, Class B, 144a, 5.090%, 9/17/74 | &nbsp;&nbsp; 451368 |
| &nbsp;&nbsp; 1978000 | &nbsp;&nbsp;Jack in the Box Funding LLC, Ser 2022-1A, Class A2I, 144a, 3.445%, 2/26/52 | &nbsp;&nbsp; 1920541 |
| &nbsp;&nbsp; 920000 | &nbsp;&nbsp;Jack in the Box Funding LLC, Ser 2022-1A, Class A2II, 144a, 4.136%, 2/26/52 | &nbsp;&nbsp; 785640 |
| &nbsp;&nbsp; 772998 | &nbsp;&nbsp;JG Wentworth XLII LLC, Ser 2018-2A, Class B, 144a, 4.700%, 10/15/77 | &nbsp;&nbsp; 700119 |
| &nbsp;&nbsp; 1273507 | &nbsp;&nbsp;Jimmy Johns Funding LLC, Ser 2017-1A, Class A2II, 144a, 4.846%, 7/30/47 | &nbsp;&nbsp; 1266802 |
| &nbsp;&nbsp; 825000 | &nbsp;&nbsp;Mountain View CLO XVIII Ltd. (Cayman Islands), Ser 2024-1A, Class D1, 144a, (TSFR3M + 3.650%), 7.321%, 10/16/37<sup>(A)</sup> | &nbsp;&nbsp; 826255 |
| &nbsp;&nbsp; 658560 | &nbsp;&nbsp;Neighborly Issuer, Ser 2022-1A, Class A2, 144a, 3.695%, 1/30/52 | &nbsp;&nbsp; 620409 |
| &nbsp;&nbsp; 1919288 | &nbsp;&nbsp;Neighborly Issuer LLC, Ser 2021-1A, Class A2, 144a, 3.584%, 4/30/51 | &nbsp;&nbsp; 1839047 |
| &nbsp;&nbsp; 739119 | &nbsp;&nbsp;Oxford Finance Credit Fund III LP, Ser 2024-A, Class B, 144a, 7.548%, 1/14/32 | &nbsp;&nbsp; 729676 |
| &nbsp;&nbsp; 3100000 | &nbsp;&nbsp;Oxford Finance Credit Fund III LP, Ser 2025-A, Class B, 144a, 7.194%, 8/14/34 | &nbsp;&nbsp; 3098227 |
| &nbsp;&nbsp; 1740000 | &nbsp;&nbsp;Oxford Finance Funding Trust LLC, Ser 2025-1A, Class B, 144a, 6.486%, 2/15/35 | &nbsp;&nbsp; 1719056 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 37.9% (Continued)** | &nbsp;&nbsp;**Asset-Backed Securities — 37.9% (Continued)** |
| $1320000 | &nbsp;&nbsp;Palmer Square Loan Funding Ltd. (Cayman Islands), Ser 2024-3A, Class DR, 144a, (TSFR3M + 3.750%), 7.410%, 8/8/32<sup>(A)</sup> | $1300923 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Palmer Square Loan Funding Ltd. (Cayman Islands), Ser 2025-2A, Class C, 144a, (TSFR3M + 2.500%), 6.172%, 7/15/33<sup>(A)</sup> | &nbsp;&nbsp; 963572 |
| &nbsp;&nbsp; 2925450 | &nbsp;&nbsp;Planet Fitness Master Issuer LLC, Ser 2024-1A, Class A2II, 144a, 6.237%, 6/5/54 | &nbsp;&nbsp; 2976444 |
| &nbsp;&nbsp; 1725000 | &nbsp;&nbsp;Regatta VII Funding Ltd. (Cayman Islands), Ser 2016-1A, Class DR3, 144a, (TSFR3M + 2.650%), 6.335%, 6/20/34<sup>(A)</sup> | &nbsp;&nbsp; 1647922 |
| &nbsp;&nbsp; 1069274 | &nbsp;&nbsp;ServiceMaster Funding LLC, Ser 2020-1, Class A2I, 144a, 2.841%, 1/30/51 | &nbsp;&nbsp; 1016557 |
| &nbsp;&nbsp; 567431 | &nbsp;&nbsp;ServiceMaster Funding LLC, Ser 2020-1, Class A2II, 144a, 3.337%, 1/30/51 | &nbsp;&nbsp; 503980 |
| &nbsp;&nbsp; 738262 | &nbsp;&nbsp;ServiceMaster Funding LLC, Ser 2021-1, Class A2II, 144a, 3.113%, 7/30/51 | &nbsp;&nbsp; 634818 |
| &nbsp;&nbsp; 226151 | &nbsp;&nbsp;Structured Asset Securities Corp, Ser 2003-25XS, Class A5, 4.219%, 8/25/33<sup>(A)(B)</sup> | &nbsp;&nbsp; 215540 |
| &nbsp;&nbsp; 2300000 | &nbsp;&nbsp;Thompson Park CLO Ltd. (Cayman Islands), Ser 2021-1A, Class CR, 144a, (TSFR3M + 1.900%), 5.572%, 4/15/34<sup>(A)</sup> | &nbsp;&nbsp; 2299938 |
| &nbsp;&nbsp; 385514 | &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2019-MH1, Class B1, 144a, 3.750%, 11/25/58<sup>(A)(B)</sup> | &nbsp;&nbsp; 383033 |
| &nbsp;&nbsp; 839375 | &nbsp;&nbsp;TSC SPV Funding LLC, Ser 2024-1A, Class A2, 144a, 6.291%, 8/20/54 | &nbsp;&nbsp; 847240 |
| &nbsp;&nbsp; 1725000 | &nbsp;&nbsp;Vital Care Issuer LLC, Ser 2025-1A, Class A2, 144a, 6.737%, 1/30/56 | &nbsp;&nbsp; 1733664 |
| &nbsp;&nbsp; 1107800 | &nbsp;&nbsp;Zaxbys Funding LLC, Ser 2021-1A, Class A2, 144a, 3.238%, 7/30/51 | &nbsp;&nbsp; 1050871 |
|  | &nbsp;&nbsp;**Total Asset-Backed Securities** | &nbsp;&nbsp; $52093996 |
|  | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 34.5%** | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 34.5%** |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Bank of America Merrill Lynch Commercial Mortgage Trust, Ser 2017-BNK3, Class C, 4.352%, 2/15/50<sup>(A)(B)</sup> | &nbsp;&nbsp; 979928 |
| &nbsp;&nbsp; 1665000 | &nbsp;&nbsp;BANK5, Ser 2026-5YR21, Class C, 6.160%, 4/15/59<sup>(A)(B)</sup> | &nbsp;&nbsp; 1653578 |
| &nbsp;&nbsp; 1740000 | &nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2018-B5, Class B, 4.570%, 7/15/51 | &nbsp;&nbsp; 1649008 |
| &nbsp;&nbsp;21685497 | &nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2024-V5, Class XA, 1.065%, 1/10/57<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 565421 |
| &nbsp;&nbsp; 2016000 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2021-21M, Class G, 144a, (TSFR1M + 3.180%), 6.853%, 10/15/36<sup>(A)</sup> | &nbsp;&nbsp; 2015370 |
| &nbsp;&nbsp; 2395712 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2025-BCAT, Class D, 144a, (TSFR1M + 2.650%), 6.323%, 8/15/42<sup>(A)</sup> | &nbsp;&nbsp; 2400211 |
| &nbsp;&nbsp; 1619120 | &nbsp;&nbsp;BX Trust, Ser 2019-OC11, Class E, 144a, 3.944%, 12/9/41<sup>(A)(B)</sup> | &nbsp;&nbsp; 1496283 |
| &nbsp;&nbsp; 2265000 | &nbsp;&nbsp;BXHPP Trust, Ser 2021-FILM, Class A, 144a, (TSFR1M + 0.764%), 4.437%, 8/15/36<sup>(A)</sup> | &nbsp;&nbsp; 2146088 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;BXHPP Trust, Ser 2021-FILM, Class B, 144a, (TSFR1M + 1.014%), 4.687%, 8/15/36<sup>(A)</sup> | &nbsp;&nbsp; 922500 |
| &nbsp;&nbsp; 2544000 | &nbsp;&nbsp;CD Mortgage Trust, Ser 2019-CD8, Class B, 3.366%, 8/15/57 | &nbsp;&nbsp; 2220800 |
| &nbsp;&nbsp; 1198000 | &nbsp;&nbsp;CD Mortgage Trust, Ser 2019-CD8, Class C, 3.719%, 8/15/57<sup>(A)(B)</sup> | &nbsp;&nbsp; 975224 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;CFCRE Commercial Mortgage Trust, Ser 2017-C8, Class C, 4.868%, 6/15/50<sup>(A)(B)</sup> | &nbsp;&nbsp; 967621 |
| &nbsp;&nbsp; 527310 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2014-GC25, Class D, 144a, 3.548%, 10/10/47 | &nbsp;&nbsp; 284531 |
| &nbsp;&nbsp; 2200000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2016-C2, Class C, 4.031%, 8/10/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 2153681 |

---

------

Touchstone Securitized Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 34.5% (Continued)** | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 34.5% (Continued)** |
| $1300000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2016-C2, Class D, 144a, 3.250%, 8/10/49<sup>(A)(B)</sup> | $1249291 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2017-P8, Class B, 4.192%, 9/15/50 | &nbsp;&nbsp; 1800887 |
| &nbsp;&nbsp; 219000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2017-P8, Class D, 144a, 3.000%, 9/15/50 | &nbsp;&nbsp; 137958 |
| &nbsp;&nbsp;49778170 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2018-C5, Class XA, 0.656%, 6/10/51<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 613192 |
| &nbsp;&nbsp;30892366 | &nbsp;&nbsp;CRB Commercial Mortgage Trust, Ser 2025-CRE1, Class XA, 144a, 1.268%, 9/15/58<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 1315564 |
| &nbsp;&nbsp; 186258 | &nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Ser 2016-C5, Class C, 4.404%, 11/15/48<sup>(A)(B)</sup> | &nbsp;&nbsp; 182532 |
| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Ser 2016-C6, Class B, 3.924%, 1/15/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 1446961 |
| &nbsp;&nbsp; 2300000 | &nbsp;&nbsp;CSMC, Ser 2017-TIME, Class A, 144a, 3.646%, 11/13/39 | &nbsp;&nbsp; 2188587 |
| &nbsp;&nbsp; 950000 | &nbsp;&nbsp;CSMC, Ser 2017-TIME, Class B, 144a, 3.653%, 11/13/39<sup>(A)(B)</sup> | &nbsp;&nbsp; 827982 |
| &nbsp;&nbsp; 360000 | &nbsp;&nbsp;CSMC Trust, Ser 2017-CALI, Class E, 144a, 3.613%, 11/10/32<sup>(A)(B)</sup> | &nbsp;&nbsp; 55109 |
| &nbsp;&nbsp; 165465 | &nbsp;&nbsp;GS Mortgage Securities Corp. Trust, Ser 2017-GPTX, Class A, 144a, 2.856%, 5/10/34 | &nbsp;&nbsp; 149457 |
| &nbsp;&nbsp;41807628 | &nbsp;&nbsp;GS Mortgage Securities Corp. Trust, Ser 2018-GS9, Class XA, 0.408%, 3/10/51<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 255093 |
| &nbsp;&nbsp; 1914000 | &nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2016-GS2, Class C, 4.709%, 5/10/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 1891387 |
| &nbsp;&nbsp; 975000 | &nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2016-GS2, Class D, 144a, 2.753%, 5/10/49 | &nbsp;&nbsp; 858571 |
| &nbsp;&nbsp; 45000 | &nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2016-GS3, Class B, 3.395%, 10/10/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 44192 |
| &nbsp;&nbsp;27144477 | &nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2017-GS6, Class XA, 0.993%, 5/10/50<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 211401 |
| &nbsp;&nbsp; 350000 | &nbsp;&nbsp;HONO Mortgage Trust, Ser 2021-LULU, Class C, 144a, (TSFR1M + 1.964%), 5.637%, 10/15/36<sup>(A)</sup> | &nbsp;&nbsp; 342351 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;JPMBB Commercial Mortgage Securities Trust, Ser 2014-C25, Class AS, 4.065%, 11/15/47 | &nbsp;&nbsp; 970000 |
| &nbsp;&nbsp; 1051366 | &nbsp;&nbsp;KIND Trust, Ser 2021-KIND, Class B, 144a, (TSFR1M + 1.464%), 5.140%, 8/15/38<sup>(A)</sup> | &nbsp;&nbsp; 1043481 |
| &nbsp;&nbsp; 1024891 | &nbsp;&nbsp;KSL Commercial Mortgage Trust, Ser 2024-HT2, Class C, 144a, (TSFR1M + 2.341%), 6.014%, 12/15/39<sup>(A)</sup> | &nbsp;&nbsp; 1022969 |
| &nbsp;&nbsp; 227918 | &nbsp;&nbsp;LSTAR Commercial Mortgage Trust, Ser 2016-4, Class D, 144a, 4.731%, 3/10/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 214305 |
| &nbsp;&nbsp; 1940000 | &nbsp;&nbsp;MHC Commercial Mortgage Trust, Ser 2021-MHC, Class F, 144a, (TSFR1M + 2.715%), 6.388%, 4/15/38<sup>(A)</sup> | &nbsp;&nbsp; 1938788 |
| &nbsp;&nbsp; 880000 | &nbsp;&nbsp;MHC Commercial Mortgage Trust, Ser 2021-MHC, Class G, 144a, (TSFR1M + 3.315%), 6.988%, 4/15/38<sup>(A)</sup> | &nbsp;&nbsp; 879450 |
| &nbsp;&nbsp; 3985858 | &nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2016-UB11, Class XA, 1.582%, 8/15/49<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 1938 |
| &nbsp;&nbsp; 445104 | &nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2018-BOP, Class E, 144a, (TSFR1M + 1.997%), 5.670%, 6/15/35<sup>(A)</sup> | &nbsp;&nbsp; 45601 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2019-L3, Class C, 3.646%, 11/15/52<sup>(A)(B)</sup> | &nbsp;&nbsp; 859037 |
| &nbsp;&nbsp; 1570000 | &nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2019-L3, Class D, 144a, 2.500%, 11/15/52 | &nbsp;&nbsp; 1209608 |
| &nbsp;&nbsp; 236820 | &nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2019-NUGS, Class E, 144a, (TSFR1M + 2.358%), 6.031%, 12/15/36<sup>(A)</sup> | &nbsp;&nbsp; 2463 |
| &nbsp;&nbsp; 4923149 | &nbsp;&nbsp;UBS Commercial Mortgage Trust, Ser 2018-C12, Class XA, 0.827%, 8/15/51<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 79769 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 34.5% (Continued)** | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 34.5% (Continued)** |
| $60506757 | &nbsp;&nbsp;UBS Commercial Mortgage Trust, Ser 2018-C15, Class XA, 0.873%, 12/15/51<sup>(A)(B)(C)</sup> | $1195365 |
| &nbsp;&nbsp; 1355000 | &nbsp;&nbsp;UBS Commercial Mortgage Trust, Ser 2019-C17, Class C, 3.758%, 10/15/52<sup>(A)(B)</sup> | &nbsp;&nbsp; 1194179 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2016-LC24, Class B, 3.621%, 10/15/49 | &nbsp;&nbsp; 973460 |
| &nbsp;&nbsp;11129561 | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2020-C57, Class XA, 2.037%, 8/15/53<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 738737 |
| &nbsp;&nbsp; 1100000 | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2025-AURA, Class D, 144a, (TSFR1M + 2.891%), 6.564%, 10/15/42<sup>(A)</sup> | &nbsp;&nbsp; 1099608 |
|  | &nbsp;&nbsp;**Total Commercial Mortgage-Backed Securities** | &nbsp;&nbsp; $47469517 |
|  | &nbsp;&nbsp;**Non-Agency Collateralized Mortgage Obligations — 17.9%** | &nbsp;&nbsp;**Non-Agency Collateralized Mortgage Obligations — 17.9%** |
| &nbsp;&nbsp; 931038 | &nbsp;&nbsp;BRAVO Residential Funding Trust, Ser 2024-NQM8, Class A1A, 144a, 4.300%, 8/1/53<sup>(A)(B)</sup> | &nbsp;&nbsp; 915802 |
| &nbsp;&nbsp; 984428 | &nbsp;&nbsp;CIM Trust, Ser 2018-INV1, Class B4, 144a, 4.687%, 8/25/48<sup>(A)(B)</sup> | &nbsp;&nbsp; 940645 |
| &nbsp;&nbsp; 1778784 | &nbsp;&nbsp;Citigroup Mortgage Loan Trust, Ser 2021-J1, Class A4A, 144a, 2.500%, 4/25/51<sup>(A)(B)</sup> | &nbsp;&nbsp; 1464022 |
| &nbsp;&nbsp; 936575 | &nbsp;&nbsp;CSMC Trust, Ser 2014-SAF1, Class B3, 144a, 3.849%, 3/25/44<sup>(A)(B)</sup> | &nbsp;&nbsp; 908944 |
| &nbsp;&nbsp; 350000 | &nbsp;&nbsp;GS Mortgage Securities Corp. Trust, Ser 2019-SL1, Class B1, 144a, 3.659%, 1/25/59<sup>(A)(B)</sup> | &nbsp;&nbsp; 336036 |
| &nbsp;&nbsp; 1352809 | &nbsp;&nbsp;GS Mortgage-Backed Securities Corp. Trust, Ser 2020-PJ3, Class B2A, 144a, 3.406%, 10/25/50<sup>(A)(B)</sup> | &nbsp;&nbsp; 1173540 |
| &nbsp;&nbsp; 1395517 | &nbsp;&nbsp;GS Mortgage-Backed Securities Trust, Ser 2021-MM1, Class A6, 144a, 2.500%, 4/25/52<sup>(A)(B)</sup> | &nbsp;&nbsp; 1243850 |
| &nbsp;&nbsp; 970036 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2019-1, Class B1, 144a, 4.475%, 5/25/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 917385 |
| &nbsp;&nbsp; 2586429 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2019-9, Class B4, 144a, 3.798%, 5/25/50<sup>(A)(B)</sup> | &nbsp;&nbsp; 2325703 |
| &nbsp;&nbsp; 1262580 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2020-1, Class B4, 144a, 3.815%, 6/25/50<sup>(A)(B)</sup> | &nbsp;&nbsp; 1119724 |
| &nbsp;&nbsp; 1098704 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2020-LTV2, Class B4, 144a, 3.997%, 11/25/50<sup>(A)(B)</sup> | &nbsp;&nbsp; 975578 |
| &nbsp;&nbsp; 287245 | &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2016-1, Class B3, 144a, 3.913%, 4/25/57<sup>(A)(B)</sup> | &nbsp;&nbsp; 256557 |
| &nbsp;&nbsp; 1210000 | &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2017-1, Class B2, 144a, 3.823%, 11/25/58<sup>(A)(B)</sup> | &nbsp;&nbsp; 1096469 |
| &nbsp;&nbsp; 1494480 | &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2017-2, Class B2, 144a, 4.088%, 7/25/59<sup>(A)(B)</sup> | &nbsp;&nbsp; 1341847 |
| &nbsp;&nbsp; 293747 | &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2018-2, Class B2, 144a, 3.750%, 5/25/58<sup>(A)(B)</sup> | &nbsp;&nbsp; 249157 |
| &nbsp;&nbsp; 1213113 | &nbsp;&nbsp;OBX Trust, Ser 2022-J1, Class B1A, 144a, 2.842%, 2/25/52<sup>(A)(B)</sup> | &nbsp;&nbsp; 1034705 |
| &nbsp;&nbsp; 1282704 | &nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2019-4, Class B3, 144a, 3.775%, 11/25/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 1180766 |
| &nbsp;&nbsp; 1792756 | &nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2021-1, Class A19, 144a, 2.500%, 3/25/51<sup>(A)(B)</sup> | &nbsp;&nbsp; 1478884 |
| &nbsp;&nbsp; 1995000 | &nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2026-4, Class A5, 144a, 5.000%, 3/25/56<sup>(A)(B)</sup> | &nbsp;&nbsp; 1975628 |
| &nbsp;&nbsp; 875140 | &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2015-2, Class 1B3, 144a, 3.648%, 11/25/60<sup>(A)(B)</sup> | &nbsp;&nbsp; 790152 |
| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2017-3, Class B3, 144a, 3.822%, 7/25/57<sup>(A)(B)</sup> | &nbsp;&nbsp; 1074302 |
| &nbsp;&nbsp; 2240061 | &nbsp;&nbsp;Wells Fargo Mortgage Backed Securities Trust, Ser 2022-2, Class B1, 144a, 2.961%, 12/25/51<sup>(A)(B)</sup> | &nbsp;&nbsp; 1892907 |
|  | &nbsp;&nbsp;**Total Non-Agency Collateralized Mortgage Obligations** | &nbsp;&nbsp; $24692603 |
|  | &nbsp;&nbsp;**U.S. Government Mortgage-Backed Obligations — 3.1%** | &nbsp;&nbsp;**U.S. Government Mortgage-Backed Obligations — 3.1%** |
| &nbsp;&nbsp; 4891929 | &nbsp;&nbsp;FHLMC REMIC, Pool #SL3961, 3.000%, 2/1/53 | &nbsp;&nbsp; 4310926 |

---

------

Touchstone Securitized Income ETF (Unaudited) (Continued)

---

| | |
|:---|:---|
| **Principal<br> Amount** | **Market<br> Value** |
|  | &nbsp;&nbsp;**U.S. Treasury Obligations — 2.2%** |
| $3000000 | $2955469 |
|  | &nbsp;&nbsp;**Agency Collateralized Mortgage Obligations — 0.5%** |
| &nbsp;&nbsp; 4516096 &nbsp;&nbsp;FHLMC Multifamily Structured Pass Through Certificates, Ser K736, Class X1, 1.257%, 7/25/26<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 6143 |
| &nbsp;&nbsp;28841228 &nbsp;&nbsp;FHLMC Multifamily Structured Pass Through Certificates, Ser K742, Class X1, 0.625%, 3/25/28<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 287717 |
| &nbsp;&nbsp; 7088530 &nbsp;&nbsp;FRESB Mortgage Trust, Ser 2021-SB88, Class X1, 0.707%, 5/25/41<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 193052 |
| &nbsp;&nbsp; 6838268 &nbsp;&nbsp;GNMA, Ser 2016-70, Class IO, 0.757%, 4/16/58<sup>(A)(B)(C)</sup> | &nbsp;&nbsp; 265100 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; $752012 |
| &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 297144 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  |  |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 4.3%** |  |
| 5944195 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω</sup> | &nbsp;&nbsp; 5944195 |
|  | &nbsp;&nbsp;**Total Investment Securities—100.6%<br> (Cost $139,015,986)** | $138515862 |
|  | &nbsp;&nbsp;**Liabilities in Excess of Other Assets — (0.6%)** | &nbsp;&nbsp;&nbsp; (887373) |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $137628489 |

---

*(A)* *Variable rate security - Rate reflected is the rate in effect as of March 31, 2026.* 

*(B)* *Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description.* 

*(C)* *Interest only security - This type of security represents the right to receive the monthly interest payments on an underlying pool of mortgages. Payments of principal on the pool reduce the value of the "interest only" holding.* 

*∞* *Open-End Fund.* 

*Ω* *Represents the 7-Day SEC yield as of March 31, 2026.* 

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *CD – Certificate of Deposit* |
| *CLO – Collateralized Loan Obligation* |
| *FHLMC – Federal Home Loan Mortgage Corporation* |
| *FRESB – Freddie Mac Multifamily Securitization Small Balance Loan* |
| *GNMA – Government National Mortgage Association* |
| *IO – Interest Only* |
| *LLC – Limited Liability Company* |
| *LP – Limited Partnership* |
| *REMIC – Real Estate Mortgage Investment Conduit* |
| *TSFR1M – One Month Term Secured Overnight Financing Rate* |
| *TSFR3M – Three Month Term Secured Overnight Financing Rate* |
| *144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, these securities were valued at $100,417,185 or 73.0% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees.* |

---

*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Asset-Backed Securities* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*$—* | *$52093996* | *$—* | *$52093996* |
| *Commercial Mortgage-Backed Securities* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*47469517* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*47469517* |
| *Non-Agency Collateralized Mortgage Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*24692603* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*24692603* |
| *U.S. Government Mortgage-Backed Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4310926* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4310926* |
| *U.S. Treasury Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2955469* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2955469* |
| *Agency Collateralized Mortgage Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*752012* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*752012* |
| *Corporate Bonds* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*297144* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*297144* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;*5944195* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*5944195* |
| *Total* | *$5944195* | *$132571667* | *$—* | *$138515862* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone Strategic Income ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Corporate Bonds — 42.9%** |  |
|  | &nbsp;&nbsp;**Financials — 8.4%** |  |
| $633000 | &nbsp;&nbsp;Allstate Corp. (The), Ser B, (TSFR3M + 3.200%), 6.852%, 8/15/53<sup>(A)</sup> | $632804 |
| &nbsp;&nbsp; 1545000 | &nbsp;&nbsp;Ares Capital Corp., 5.875%, 3/1/29 | &nbsp;&nbsp; 1555885 |
| &nbsp;&nbsp; 1652000 | &nbsp;&nbsp;Barclays PLC (United Kingdom), 2.894%, 11/24/32 | &nbsp;&nbsp; 1475370 |
| &nbsp;&nbsp; 512000 | &nbsp;&nbsp;Charles Schwab Corp. (The), Ser H, 4.000%<sup>(B)</sup> | &nbsp;&nbsp; 471365 |
| &nbsp;&nbsp; 1435000 | &nbsp;&nbsp;Citigroup, Inc., 4.075%, 4/23/29 | &nbsp;&nbsp; 1424625 |
| &nbsp;&nbsp; 1048000 | &nbsp;&nbsp;Citizens Financial Group, Inc., 5.841%, 1/23/30 | &nbsp;&nbsp; 1079140 |
| &nbsp;&nbsp; 455000 | &nbsp;&nbsp;Credit Acceptance Corp., 144a, 9.250%, 12/15/28 | &nbsp;&nbsp; 471443 |
| &nbsp;&nbsp; 91000 | &nbsp;&nbsp;Credit Acceptance Corp., 144a, 6.625%, 3/15/30 | &nbsp;&nbsp; 88394 |
| &nbsp;&nbsp; 1366000 | &nbsp;&nbsp;First Maryland Capital II, (TSFR3M + 1.112%), 4.775%, 2/1/27<sup>(A)</sup> | &nbsp;&nbsp; 1357024 |
| &nbsp;&nbsp; 602000 | &nbsp;&nbsp;Freedom Mortgage Holdings LLC, 144a, 9.250%, 2/1/29 | &nbsp;&nbsp; 612336 |
| &nbsp;&nbsp; 1755000 | &nbsp;&nbsp;Goldman Sachs Group, Inc. (The), 5.330%, 7/23/35 | &nbsp;&nbsp; 1759939 |
| &nbsp;&nbsp; 797000 | &nbsp;&nbsp;Guardian Life Global Funding, 144a, 4.327%, 10/6/30 | &nbsp;&nbsp; 787708 |
| &nbsp;&nbsp; 1216000 | &nbsp;&nbsp;HSBC Holdings PLC (United Kingdom), 4.675%, 3/10/32 | &nbsp;&nbsp; 1199328 |
| &nbsp;&nbsp; 292000 | &nbsp;&nbsp;Jefferies Finance LLC / JFIN Co-Issuer Corp., 144a, 6.625%, 10/15/31 | &nbsp;&nbsp; 278531 |
| &nbsp;&nbsp; 728000 | &nbsp;&nbsp;JPMorgan Chase & Co., Ser W, (TSFR3M + 1.262%), 4.914%, 5/15/47<sup>(A)†</sup> | &nbsp;&nbsp; 640167 |
| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp;Morgan Stanley, 2.484%, 9/16/36 | &nbsp;&nbsp; 1075672 |
| &nbsp;&nbsp; 1302000 | &nbsp;&nbsp;PNC Capital Trust, (TSFR3M + 0.832%), 4.499%, 6/1/28<sup>(A)</sup> | &nbsp;&nbsp; 1284445 |
| &nbsp;&nbsp; 525000 | &nbsp;&nbsp;PRA Group, Inc., 144a, 8.375%, 2/1/28 | &nbsp;&nbsp; 528590 |
| &nbsp;&nbsp; 657000 | &nbsp;&nbsp;Rocket Cos., Inc., 144a, 6.500%, 8/1/29 | &nbsp;&nbsp; 664316 |
| &nbsp;&nbsp; 1536000 | &nbsp;&nbsp;State Street Corp., (TSFR3M + 1.262%), 4.936%, 6/15/47<sup>(A)</sup> | &nbsp;&nbsp; 1333111 |
| &nbsp;&nbsp; 1576000 | &nbsp;&nbsp;Truist Financial Corp., Ser A, (TSFR3M + 0.932%), 4.584%, 5/15/27<sup>(A)</sup> | &nbsp;&nbsp; 1558059 |
|  |  | &nbsp;&nbsp; 20278252 |
|  | &nbsp;&nbsp;**Energy — 7.0%** |  |
| &nbsp;&nbsp; 1116000 | &nbsp;&nbsp;Aker BP ASA (Norway), 144a, 5.125%, 10/1/34 | &nbsp;&nbsp; 1092813 |
| &nbsp;&nbsp; 610000 | &nbsp;&nbsp;Azule Energy Finance PLC (Angola), 144a, 8.250%, 1/22/31 | &nbsp;&nbsp; 613817 |
| &nbsp;&nbsp; 1393000 | &nbsp;&nbsp;Cheniere Energy Partners LP, 3.250%, 1/31/32 | &nbsp;&nbsp; 1269547 |
| &nbsp;&nbsp; 588000 | &nbsp;&nbsp;Ecopetrol SA (Colombia), 7.750%, 2/1/32 | &nbsp;&nbsp; 594995 |
| &nbsp;&nbsp; 1081000 | &nbsp;&nbsp;Enbridge, Inc. (Canada), Ser 20-A, 5.750%, 7/15/80 | &nbsp;&nbsp; 1077739 |
| &nbsp;&nbsp; 572000 | &nbsp;&nbsp;Energy Transfer LP, (TSFR3M + 3.279%), 6.943%, 11/1/66<sup>(A)†</sup> | &nbsp;&nbsp; 565136 |
| &nbsp;&nbsp; 1356000 | &nbsp;&nbsp;HF Sinclair Corp., 5.000%, 2/1/28 | &nbsp;&nbsp; 1355844 |
| &nbsp;&nbsp; 843000 | &nbsp;&nbsp;Hilcorp Energy I LP / Hilcorp Finance Co., 144a, 6.000%, 2/1/31 | &nbsp;&nbsp; 819814 |
| &nbsp;&nbsp; 579948 | &nbsp;&nbsp;MC Brazil Downstream Trading SARL (Brazil), 144a, 7.250%, 6/30/31 | &nbsp;&nbsp; 518979 |
| &nbsp;&nbsp; 1594000 | &nbsp;&nbsp;Midwest Connector Capital Co. LLC, 144a, 4.625%, 4/1/29 | &nbsp;&nbsp; 1584934 |
| &nbsp;&nbsp; 655000 | &nbsp;&nbsp;MSU Energy SA (Argentina), 144a, 9.750%, 12/5/30 | &nbsp;&nbsp; 652151 |
| &nbsp;&nbsp; 878000 | &nbsp;&nbsp;NGPL PipeCo LLC, 144a, 7.768%, 12/15/37 | &nbsp;&nbsp; 1017086 |
| &nbsp;&nbsp; 494000 | &nbsp;&nbsp;OHI Group SA (Brazil), 144a, 13.000%, 7/22/29 | &nbsp;&nbsp; 493771 |
| &nbsp;&nbsp; 770000 | &nbsp;&nbsp;Petroleos Mexicanos (Mexico), 6.625%, 6/15/35 | &nbsp;&nbsp; 715298 |
| &nbsp;&nbsp; 565000 | &nbsp;&nbsp;Plains All American Pipeline LP, Ser B, (TSFR3M + 4.372%), 8.024%<sup>(A)(B)</sup> | &nbsp;&nbsp; 563750 |
| &nbsp;&nbsp; 385000 | &nbsp;&nbsp;Precision Drilling Corp. (Canada), 144a, 6.875%, 1/15/29 | &nbsp;&nbsp; 387767 |
| &nbsp;&nbsp; 1769000 | &nbsp;&nbsp;Sempra Infrastructure Partners LP, 144a, 3.250%, 1/15/32 | &nbsp;&nbsp; 1563589 |
| &nbsp;&nbsp; 501000 | &nbsp;&nbsp;SESI LLC, 144a, 7.875%, 9/30/30 | &nbsp;&nbsp; 510935 |
| &nbsp;&nbsp; 515000 | &nbsp;&nbsp;SM Energy Co., 144a, 7.000%, 8/1/32 | &nbsp;&nbsp; 524669 |
| &nbsp;&nbsp; 498000 | &nbsp;&nbsp;Sunoco LP, 144a, 7.875%<sup>(B)</sup> | &nbsp;&nbsp; 508265 |
| &nbsp;&nbsp; 455000 | &nbsp;&nbsp;Venture Global LNG, Inc., 144a, 9.000%<sup>(B)</sup> | &nbsp;&nbsp; 452912 |
|  |  | &nbsp;&nbsp; 16883811 |
|  | &nbsp;&nbsp;**Consumer Discretionary — 6.2%** |  |
| &nbsp;&nbsp; 577000 | &nbsp;&nbsp;ADT Security Corp. (The), 144a, 5.875%, 10/15/33 | &nbsp;&nbsp; 558692 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Corporate Bonds — 42.9% (Continued)** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 6.2% (Continued)** |  |
| $282000 | &nbsp;&nbsp;Beazer Homes USA, Inc., 7.250%, 10/15/29 | $280708 |
| &nbsp;&nbsp; 583000 | &nbsp;&nbsp;BlueLinx Holdings, Inc., 144a, 6.000%, 11/15/29 | &nbsp;&nbsp; 564395 |
| &nbsp;&nbsp; 53000 | &nbsp;&nbsp;Carnival Corp., 144a, 5.125%, 5/1/29 | &nbsp;&nbsp; 52545 |
| &nbsp;&nbsp; 346000 | &nbsp;&nbsp;Carnival Corp., 144a, 5.875%, 6/15/31 | &nbsp;&nbsp; 350264 |
| &nbsp;&nbsp; 850000 | &nbsp;&nbsp;Carriage Services, Inc., 144a, 4.250%, 5/15/29 | &nbsp;&nbsp; 805972 |
| &nbsp;&nbsp; 491000 | &nbsp;&nbsp;Cimpress PLC (Ireland), 144a, 7.375%, 9/15/32 | &nbsp;&nbsp; 485247 |
| &nbsp;&nbsp; 1989000 | &nbsp;&nbsp;General Motors Financial Co., Inc., 3.100%, 1/12/32 | &nbsp;&nbsp; 1784596 |
| &nbsp;&nbsp; 371000 | &nbsp;&nbsp;Gildan Activewear, Inc. (Canada), 144a, 4.700%, 10/7/30 | &nbsp;&nbsp; 367104 |
| &nbsp;&nbsp; 1258000 | &nbsp;&nbsp;Gildan Activewear, Inc. (Canada), 144a, 5.400%, 10/7/35 | &nbsp;&nbsp; 1226997 |
| &nbsp;&nbsp; 598000 | &nbsp;&nbsp;Group 1 Automotive, Inc., 144a, 4.000%, 8/15/28 | &nbsp;&nbsp; 578515 |
| &nbsp;&nbsp; 1385000 | &nbsp;&nbsp;Mattel, Inc., 5.450%, 11/1/41 | &nbsp;&nbsp; 1254366 |
| &nbsp;&nbsp; 1815000 | &nbsp;&nbsp;Meritage Homes Corp., 144a, 3.875%, 4/15/29 | &nbsp;&nbsp; 1767119 |
| &nbsp;&nbsp; 1703000 | &nbsp;&nbsp;Polaris, Inc., 5.600%, 3/1/31 | &nbsp;&nbsp; 1687966 |
| &nbsp;&nbsp; 596000 | &nbsp;&nbsp;Speedway Motorsports LLC / Speedway Funding II, Inc., 144a, 4.875%, 11/1/27 | &nbsp;&nbsp; 593565 |
| &nbsp;&nbsp; 1555000 | &nbsp;&nbsp;United Airlines, Inc., 144a, 4.625%, 4/15/29 | &nbsp;&nbsp; 1524591 |
| &nbsp;&nbsp; 498000 | &nbsp;&nbsp;Upbound Group, Inc., 144a, 6.375%, 2/15/29 | &nbsp;&nbsp; 482521 |
| &nbsp;&nbsp; 614000 | &nbsp;&nbsp;Voyager Parent LLC, 144a, 9.250%, 7/1/32 | &nbsp;&nbsp; 637452 |
|  |  | &nbsp;&nbsp; 15002615 |
|  | &nbsp;&nbsp;**Industrials — 3.8%** |  |
| &nbsp;&nbsp; 1280000 | &nbsp;&nbsp;Amcor Flexibles North America, Inc., 5.100%, 3/17/30 | &nbsp;&nbsp; 1292023 |
| &nbsp;&nbsp; 812000 | &nbsp;&nbsp;Amsted Industries, Inc., 144a, 4.625%, 5/15/30 | &nbsp;&nbsp; 778775 |
| &nbsp;&nbsp; 614000 | &nbsp;&nbsp;Manitowoc Co., Inc. (The), 144a, 9.250%, 10/1/31 | &nbsp;&nbsp; 640970 |
| &nbsp;&nbsp; 1749000 | &nbsp;&nbsp;Molex Electronic Technologies LLC, 144a, 5.250%, 4/30/32 | &nbsp;&nbsp; 1771453 |
| &nbsp;&nbsp; 645000 | &nbsp;&nbsp;Owens-Brockway Glass Container, Inc., 144a, 7.250%, 5/15/31<sup>†</sup> | &nbsp;&nbsp; 614472 |
| &nbsp;&nbsp; 523000 | &nbsp;&nbsp;Stanley Black & Decker, Inc., 6.707%, 3/15/60 | &nbsp;&nbsp; 510642 |
| &nbsp;&nbsp; 391000 | &nbsp;&nbsp;Stonepeak Nile Parent LLC, 144a, 7.250%, 3/15/32 | &nbsp;&nbsp; 406677 |
| &nbsp;&nbsp; 1631000 | &nbsp;&nbsp;Textron Financial Corp., 144a, (TSFR3M + 1.997%), 5.649%, 2/15/42<sup>(A)</sup> | &nbsp;&nbsp; 1460665 |
| &nbsp;&nbsp; 1352000 | &nbsp;&nbsp;Timken Co. (The), 4.500%, 12/15/28 | &nbsp;&nbsp; 1348331 |
| &nbsp;&nbsp; 262000 | &nbsp;&nbsp;TK Elevator US Newco, Inc. (Germany), 144a, 5.250%, 7/15/27 | &nbsp;&nbsp; 261311 |
|  |  | &nbsp;&nbsp; 9085319 |
|  | &nbsp;&nbsp;**Consumer Staples — 3.6%** |  |
| &nbsp;&nbsp; 173000 | &nbsp;&nbsp;Coruripe Netherlands BV (Brazil), 10.000%, 2/10/27 | &nbsp;&nbsp; 169713 |
| &nbsp;&nbsp; 1305000 | &nbsp;&nbsp;Element Fleet Management Corp. (Canada), 144a, 5.037%, 3/25/30 | &nbsp;&nbsp; 1317468 |
| &nbsp;&nbsp; 1575000 | &nbsp;&nbsp;Global Payments, Inc., 5.200%, 11/15/32 | &nbsp;&nbsp; 1528719 |
| &nbsp;&nbsp; 579000 | &nbsp;&nbsp;Herc Holdings, Inc., 144a, 7.000%, 6/15/30 | &nbsp;&nbsp; 593655 |
| &nbsp;&nbsp; 297000 | &nbsp;&nbsp;Industrial F&B Investments III, Inc., 144a, 7.750%, 2/11/33 | &nbsp;&nbsp; 298348 |
| &nbsp;&nbsp; 1730000 | &nbsp;&nbsp;Mars, Inc., 144a, 5.000%, 3/1/32 | &nbsp;&nbsp; 1750727 |
| &nbsp;&nbsp; 1730000 | &nbsp;&nbsp;Philip Morris International, Inc., 5.375%, 2/15/33 | &nbsp;&nbsp; 1776827 |
| &nbsp;&nbsp; 695000 | &nbsp;&nbsp;Turning Point Brands, Inc., 144a, 7.625%, 3/15/32 | &nbsp;&nbsp; 710830 |
| &nbsp;&nbsp; 528000 | &nbsp;&nbsp;VT Topco, Inc., 144a, 8.500%, 8/15/30<sup>†</sup> | &nbsp;&nbsp; 537475 |
|  |  | &nbsp;&nbsp; 8683762 |
|  | &nbsp;&nbsp;**Utilities — 3.4%** |  |
| &nbsp;&nbsp; 1145000 | &nbsp;&nbsp;Capital Power US Holdings, Inc. (Canada), 144a, 6.189%, 6/1/35 | &nbsp;&nbsp; 1173056 |
| &nbsp;&nbsp; 1481000 | &nbsp;&nbsp;CMS Energy Corp., 4.750%, 6/1/50 | &nbsp;&nbsp; 1435693 |
| &nbsp;&nbsp; 1191000 | &nbsp;&nbsp;Edison International, 4.125%, 3/15/28 | &nbsp;&nbsp; 1170981 |
| &nbsp;&nbsp; 450000 | &nbsp;&nbsp;Eskom Holdings (South Africa), 144a, 8.450%, 8/10/28 | &nbsp;&nbsp; 470889 |
| &nbsp;&nbsp; 1129000 | &nbsp;&nbsp;National Rural Utilities Cooperative Finance Corp., 5.250%, 4/20/46 | &nbsp;&nbsp; 1129078 |
| &nbsp;&nbsp; 966000 | &nbsp;&nbsp;NextEra Energy Capital Holdings, Inc., (TSFR3M + 2.329%), 6.021%, 10/1/66<sup>(A)</sup> | &nbsp;&nbsp; 844329 |
| &nbsp;&nbsp; 880000 | &nbsp;&nbsp;NextEra Energy Capital Holdings, Inc., (TSFR3M + 2.387%), 6.061%, 6/15/67<sup>(A)</sup> | &nbsp;&nbsp; 775099 |

---

------

Touchstone Strategic Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Corporate Bonds — 42.9% (Continued)** |  |
|  | &nbsp;&nbsp;**Utilities — 3.4% (Continued)** |  |
| $127000 | &nbsp;&nbsp;PacifiCorp, 7.125%, 8/15/56 | $119957 |
| &nbsp;&nbsp; 393000 | &nbsp;&nbsp;PacifiCorp, 7.375%, 9/15/55 | &nbsp;&nbsp; 373260 |
| &nbsp;&nbsp; 401319 | &nbsp;&nbsp;Sorik Marapi Geothermal Power PT (Indonesia), 144a, 7.750%, 8/5/31 | &nbsp;&nbsp; 397783 |
| &nbsp;&nbsp; 520000 | &nbsp;&nbsp;South Jersey Industries, Inc., 5.020%, 4/15/31 | &nbsp;&nbsp; 454267 |
|  |  | &nbsp;&nbsp; 8344392 |
|  | &nbsp;&nbsp;**Real Estate — 2.9%** |  |
| &nbsp;&nbsp; 1714000 | &nbsp;&nbsp;Invitation Homes Operating Partnership LP REIT, 4.150%, 4/15/32 | &nbsp;&nbsp; 1607725 |
| &nbsp;&nbsp; 1838000 | &nbsp;&nbsp;Sabra Health Care LP REIT, 3.900%, 10/15/29 | &nbsp;&nbsp; 1782650 |
| &nbsp;&nbsp; 1532000 | &nbsp;&nbsp;Store Capital LLC REIT, 2.700%, 12/1/31 | &nbsp;&nbsp; 1332393 |
| &nbsp;&nbsp; 424000 | &nbsp;&nbsp;Store Capital LLC REIT, 4.625%, 3/15/29 | &nbsp;&nbsp; 419497 |
| &nbsp;&nbsp; 1800000 | &nbsp;&nbsp;VICI Properties LP / VICI Note Co., Inc. REIT, 144a, 4.625%, 12/1/29 | &nbsp;&nbsp; 1769333 |
|  |  | &nbsp;&nbsp; 6911598 |
|  | &nbsp;&nbsp;**Communication Services — 2.7%** |  |
| &nbsp;&nbsp; 1496000 | &nbsp;&nbsp;AT&T, Inc., 5.125%, 4/30/36 | &nbsp;&nbsp; 1478507 |
| &nbsp;&nbsp; 557000 | &nbsp;&nbsp;CCO Holdings LLC / CCO Holdings Capital Corp., 144a, 4.250%, 2/1/31 | &nbsp;&nbsp; 507265 |
| &nbsp;&nbsp; 429000 | &nbsp;&nbsp;CSC Holdings LLC, 144a, 4.625%, 12/1/30 | &nbsp;&nbsp; 151906 |
| &nbsp;&nbsp; 299000 | &nbsp;&nbsp;Directv Financing LLC / Directv Financing Co-Obligor, Inc., 144a, 10.000%, 2/15/31 | &nbsp;&nbsp; 305123 |
| &nbsp;&nbsp; 303000 | &nbsp;&nbsp;Gray Media, Inc., 144a, 5.375%, 11/15/31 | &nbsp;&nbsp; 223203 |
| &nbsp;&nbsp; 1411000 | &nbsp;&nbsp;Meta Platforms, Inc., 4.600%, 11/15/32 | &nbsp;&nbsp; 1397529 |
| &nbsp;&nbsp; 260000 | &nbsp;&nbsp;Neptune Bidco US, Inc., 144a, 9.290%, 4/15/29 | &nbsp;&nbsp; 260449 |
| &nbsp;&nbsp; 526000 | &nbsp;&nbsp;Stagwell Global LLC, 144a, 5.625%, 8/15/29 | &nbsp;&nbsp; 500466 |
| &nbsp;&nbsp; 1845000 | &nbsp;&nbsp;Videotron Ltd. (Canada), 144a, 3.625%, 6/15/29 | &nbsp;&nbsp; 1785641 |
|  |  | &nbsp;&nbsp; 6610089 |
|  | &nbsp;&nbsp;**Health Care — 2.3%** |  |
| &nbsp;&nbsp; 255000 | &nbsp;&nbsp;Acadia Healthcare Co., Inc., 144a, 5.500%, 7/1/28 | &nbsp;&nbsp; 253124 |
| &nbsp;&nbsp; 630000 | &nbsp;&nbsp;Biocon Biologics Global PLC (India), 144a, 6.670%, 10/9/29 | &nbsp;&nbsp; 620654 |
| &nbsp;&nbsp; 1485000 | &nbsp;&nbsp;HCA, Inc., 5.450%, 4/1/31 | &nbsp;&nbsp; 1522600 |
| &nbsp;&nbsp; 1914000 | &nbsp;&nbsp;Medline Borrower LP, 144a, 3.875%, 4/1/29 | &nbsp;&nbsp; 1851273 |
| &nbsp;&nbsp; 506000 | &nbsp;&nbsp;Organon & Co. / Organon Foreign Debt Co.-Issuer BV, 144a, 4.125%, 4/30/28 | &nbsp;&nbsp; 491246 |
| &nbsp;&nbsp; 812000 | &nbsp;&nbsp;Pediatrix Medical Group, Inc., 144a, 5.375%, 2/15/30 | &nbsp;&nbsp; 800371 |
|  |  | &nbsp;&nbsp; 5539268 |
|  | &nbsp;&nbsp;**Information Technology — 1.7%** |  |
| &nbsp;&nbsp; 490000 | &nbsp;&nbsp;Consensus Cloud Solutions, Inc., 144a, 6.500%, 10/15/28 | &nbsp;&nbsp; 485402 |
| &nbsp;&nbsp; 1450000 | &nbsp;&nbsp;Oracle Corp., 4.700%, 9/27/34 | &nbsp;&nbsp; 1324253 |
| &nbsp;&nbsp; 1117000 | &nbsp;&nbsp;Paychex, Inc., 5.600%, 4/15/35 | &nbsp;&nbsp; 1122450 |
| &nbsp;&nbsp; 1244000 | &nbsp;&nbsp;Salesforce, Inc., 5.550%, 3/15/36 | &nbsp;&nbsp; 1240551 |
|  |  | &nbsp;&nbsp; 4172656 |
|  | &nbsp;&nbsp;**Materials — 0.9%** |  |
| &nbsp;&nbsp; 691000 | &nbsp;&nbsp;Braskem Netherlands Finance BV (Brazil), 144a, 7.250%, 2/13/33 | &nbsp;&nbsp; 317756 |
| &nbsp;&nbsp; 809000 | &nbsp;&nbsp;LYB International Finance III LLC, 6.150%, 5/15/35 | &nbsp;&nbsp; 831571 |
| &nbsp;&nbsp; 566000 | &nbsp;&nbsp;Magnera Corp., 144a, 4.750%, 11/15/29 | &nbsp;&nbsp; 510367 |
| &nbsp;&nbsp; 539000 | &nbsp;&nbsp;Vedanta Resources Finance II PLC (India), 144a, 9.475%, 7/24/30 | &nbsp;&nbsp; 545763 |
|  |  | &nbsp;&nbsp; 2205457 |
|  | &nbsp;&nbsp;**Total Corporate Bonds** | $103717219 |
|  | &nbsp;&nbsp;**U.S. Treasury Obligations — 30.1%** | &nbsp;&nbsp;**U.S. Treasury Obligations — 30.1%** |
| &nbsp;&nbsp; 900000 | &nbsp;&nbsp;U.S. Treasury Bond, 4.250%, 8/15/54 | &nbsp;&nbsp; 808312 |
| &nbsp;&nbsp; 130000 | &nbsp;&nbsp;U.S. Treasury Bond, 4.500%, 11/15/54 | &nbsp;&nbsp; 121789 |
| &nbsp;&nbsp; 1385000 | &nbsp;&nbsp;U.S. Treasury Bond, 4.625%, 11/15/55 | &nbsp;&nbsp; 1326787 |
| &nbsp;&nbsp;12935000 | &nbsp;&nbsp;U.S. Treasury Bond, 4.750%, 2/15/45 | &nbsp;&nbsp; 12733396 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**U.S. Treasury Obligations — 30.1% (Continued)** | &nbsp;&nbsp;**U.S. Treasury Obligations — 30.1% (Continued)** |
| $10355000 | &nbsp;&nbsp;U.S. Treasury Bond, 4.750%, 8/15/55 | $10117158 |
| &nbsp;&nbsp;10427300 | &nbsp;&nbsp;U.S. Treasury Inflation Indexed Notes, 2.375%, 2/15/56 | &nbsp;&nbsp; 9711251 |
| &nbsp;&nbsp;12945000 | &nbsp;&nbsp;U.S. Treasury Note, 3.500%, 1/31/28 | &nbsp;&nbsp; 12870162 |
| &nbsp;&nbsp;17730000 | &nbsp;&nbsp;U.S. Treasury Note, 3.750%, 4/15/28 | &nbsp;&nbsp; 17704375 |
| &nbsp;&nbsp; 7515000 | &nbsp;&nbsp;U.S. Treasury Note, 4.125%, 2/15/36 | &nbsp;&nbsp; 7403449 |
|  | &nbsp;&nbsp;**Total U.S. Treasury Obligations** | &nbsp;&nbsp; $72796679 |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 9.0%** | &nbsp;&nbsp;**Asset-Backed Securities — 9.0%** |
| &nbsp;&nbsp; 520000 | &nbsp;&nbsp;Ballyrock CLO 26 Ltd. (Cayman Islands), Ser 2024-26A, Class C1, 144a, (TSFR3M + 3.300%), 6.968%, 7/25/37<sup>(A)</sup> | &nbsp;&nbsp; 520837 |
| &nbsp;&nbsp; 760200 | &nbsp;&nbsp;Bridgecrest Lending Auto Securitization Trust, Ser 2023-1, Class E, 144a, 10.370%, 7/15/30 | &nbsp;&nbsp; 816313 |
| &nbsp;&nbsp; 420000 | &nbsp;&nbsp;Bridgecrest Lending Auto Securitization Trust, Ser 2025-3, Class E, 144a, 6.620%, 5/17/32 | &nbsp;&nbsp; 419698 |
| &nbsp;&nbsp; 400000 | &nbsp;&nbsp;Bridgecrest Lending Auto Securitization Trust, Ser 2026-1, Class E, 144a, 6.630%, 2/15/33 | &nbsp;&nbsp; 395460 |
| &nbsp;&nbsp; 1015000 | &nbsp;&nbsp;Cajun Global LLC, Ser 2025-2A, Class M, 144a, 8.720%, 11/20/55 | &nbsp;&nbsp; 997180 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;CIFC Funding Ltd. (Cayman Islands), Ser 2022-4A, Class DR, 144a, (TSFR3M + 2.700%), 6.371%, 7/16/35<sup>(A)</sup> | &nbsp;&nbsp; 956487 |
| &nbsp;&nbsp; 522844 | &nbsp;&nbsp;Driven Brands Funding LLC, Ser 2020-1A, Class A2, 144a, 3.786%, 7/20/50 | &nbsp;&nbsp; 503229 |
| &nbsp;&nbsp; 387648 | &nbsp;&nbsp;Driven Brands Funding LLC, Ser 2021-1A, Class A2, 144a, 2.791%, 10/20/51 | &nbsp;&nbsp; 349667 |
| &nbsp;&nbsp; 700000 | &nbsp;&nbsp;Dryden Senior Loan Fund (Cayman Islands), Ser 2016-45A, Class BRR, 144a, (TSFR3M + 1.650%), 5.322%, 10/15/30<sup>(A)</sup> | &nbsp;&nbsp; 700105 |
| &nbsp;&nbsp; 1267000 | &nbsp;&nbsp;Flatiron RR CLO 22 LLC, Ser 2021-2A, Class DR, 144a, (TSFR3M + 2.400%), 6.072%, 10/15/34<sup>(A)</sup> | &nbsp;&nbsp; 1208028 |
| &nbsp;&nbsp; 684250 | &nbsp;&nbsp;FOCUS Brands Funding, Ser 2023-2, Class A2, 144a, 8.241%, 10/30/53 | &nbsp;&nbsp; 716243 |
| &nbsp;&nbsp; 1095000 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2025-2A, Class E, 144a, 7.730%, 6/15/32 | &nbsp;&nbsp; 1130334 |
| &nbsp;&nbsp; 650000 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2026-1A, Class E, 144a, 6.510%, 3/15/33 | &nbsp;&nbsp; 638020 |
| &nbsp;&nbsp; 684375 | &nbsp;&nbsp;Goto Foods Funding LLC, Ser 2017-1A, Class A2II, 144a, 5.093%, 4/30/47 | &nbsp;&nbsp; 680920 |
| &nbsp;&nbsp; 1421250 | &nbsp;&nbsp;Hardee's Funding LLC, Ser 2020-1A, Class A2, 144a, 3.981%, 12/20/50 | &nbsp;&nbsp; 1368080 |
| &nbsp;&nbsp; 1196000 | &nbsp;&nbsp;Jack in the Box Funding LLC, Ser 2022-1A, Class A2I, 144a, 3.445%, 2/26/52 | &nbsp;&nbsp; 1161257 |
| &nbsp;&nbsp; 1374250 | &nbsp;&nbsp;Jimmy Johns Funding LLC, Ser 2017-1A, Class A2II, 144a, 4.846%, 7/30/47 | &nbsp;&nbsp; 1367014 |
| &nbsp;&nbsp; 1143000 | &nbsp;&nbsp;Neighborly Issuer LLC, Ser 2021-1A, Class A2, 144a, 3.584%, 4/30/51 | &nbsp;&nbsp; 1095214 |
| &nbsp;&nbsp; 601150 | &nbsp;&nbsp;Oxford Finance Credit Fund III LP, Ser 2024-A, Class B, 144a, 7.548%, 1/14/32 | &nbsp;&nbsp; 593470 |
| &nbsp;&nbsp; 510000 | &nbsp;&nbsp;Oxford Finance Credit Fund III LP, Ser 2025-A, Class B, 144a, 7.194%, 8/14/34 | &nbsp;&nbsp; 509708 |
| &nbsp;&nbsp; 787000 | &nbsp;&nbsp;Oxford Finance Funding Trust LLC, Ser 2025-1A, Class B, 144a, 6.486%, 2/15/35 | &nbsp;&nbsp; 777527 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Palmer Square Loan Funding Ltd. (Cayman Islands), Ser 2025-2A, Class C, 144a, (TSFR3M + 2.500%), 6.172%, 7/15/33<sup>(A)</sup> | &nbsp;&nbsp; 963572 |
| &nbsp;&nbsp; 1113050 | &nbsp;&nbsp;Planet Fitness Master Issuer LLC, Ser 2024-1A, Class A2II, 144a, 6.237%, 6/5/54 | &nbsp;&nbsp; 1132452 |
| &nbsp;&nbsp; 1110938 | &nbsp;&nbsp;TSC SPV Funding LLC, Ser 2024-1A, Class A2, 144a, 6.291%, 8/20/54 | &nbsp;&nbsp; 1121347 |

---

------

Touchstone Strategic Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 9.0% (Continued)** | &nbsp;&nbsp;**Asset-Backed Securities — 9.0% (Continued)** |
| $790000 | &nbsp;&nbsp;Vital Care Issuer LLC, Ser 2025-1A, Class A2, 144a, 6.737%, 1/30/56 | $793968 |
| &nbsp;&nbsp; 955000 | &nbsp;&nbsp;Zaxbys Funding LLC, Ser 2021-1A, Class A2, 144a, 3.238%, 7/30/51 | &nbsp;&nbsp; 905923 |
|  | &nbsp;&nbsp;**Total Asset-Backed Securities** | &nbsp;&nbsp; $21822053 |
|  | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 8.2%** | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 8.2%** |
| &nbsp;&nbsp; 675000 | &nbsp;&nbsp;BANK5, Ser 2026-5YR21, Class C, 6.160%, 4/15/59<sup>(A)(C)</sup> | &nbsp;&nbsp; 670369 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;BBCMS Mortgage Trust, Ser 2022-C17, Class XD, 144a, 3.038%, 9/15/55<sup>(A)(C)(D)</sup> | &nbsp;&nbsp; 329637 |
| &nbsp;&nbsp; 435000 | &nbsp;&nbsp;BBCMS Mortgage Trust, Ser 2024-5C27, Class AS, 6.410%, 7/15/57<sup>(A)(C)</sup> | &nbsp;&nbsp; 451639 |
| &nbsp;&nbsp; 1073671 | &nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2018-B5, Class AS, 4.419%, 7/15/51 | &nbsp;&nbsp; 1049647 |
| &nbsp;&nbsp;11007714 | &nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2024-V5, Class XA, 1.065%, 1/10/57<sup>(A)(C)(D)</sup> | &nbsp;&nbsp; 287012 |
| &nbsp;&nbsp; 994000 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2021-21M, Class G, 144a, (TSFR1M + 3.180%), 6.853%, 10/15/36<sup>(A)</sup> | &nbsp;&nbsp; 993689 |
| &nbsp;&nbsp; 1905000 | &nbsp;&nbsp;BX Trust, Ser 2019-OC11, Class E, 144a, 3.944%, 12/9/41<sup>(A)(C)</sup> | &nbsp;&nbsp; 1760474 |
| &nbsp;&nbsp; 1059000 | &nbsp;&nbsp;CFCRE Commercial Mortgage Trust, Ser 2017-C8, Class B, 4.199%, 6/15/50<sup>(A)(C)</sup> | &nbsp;&nbsp; 1027123 |
| &nbsp;&nbsp; 1015000 | &nbsp;&nbsp;CFCRE Commercial Mortgage Trust, Ser 2017-C8, Class C, 4.868%, 6/15/50<sup>(A)(C)</sup> | &nbsp;&nbsp; 982135 |
| &nbsp;&nbsp; 1100000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2014-GC25, Class D, 144a, 3.548%, 10/10/47 | &nbsp;&nbsp; 593549 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2016-C2, Class C, 4.031%, 8/10/49<sup>(A)(C)</sup> | &nbsp;&nbsp; 978946 |
| &nbsp;&nbsp; 255000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2017-P8, Class AS, 3.789%, 9/15/50<sup>(A)(C)</sup> | &nbsp;&nbsp; 241437 |
| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2017-P8, Class D, 144a, 3.000%, 9/15/50 | &nbsp;&nbsp; 787430 |
| &nbsp;&nbsp;14068103 | &nbsp;&nbsp;CRB Commercial Mortgage Trust, Ser 2025-CRE1, Class XA, 144a, 1.268%, 9/15/58<sup>(A)(C)(D)</sup> | &nbsp;&nbsp; 599096 |
| &nbsp;&nbsp; 600000 | &nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Ser 2016-C6, Class B, 3.924%, 1/15/49<sup>(A)(C)</sup> | &nbsp;&nbsp; 578784 |
| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp;CSMC, Ser 2017-TIME, Class A, 144a, 3.646%, 11/13/39 | &nbsp;&nbsp; 1427339 |
| &nbsp;&nbsp; 540000 | &nbsp;&nbsp;DK Trust, Ser 2025-LXP, Class D, 144a, (TSFR1M + 2.891%), 6.569%, 8/15/37<sup>(A)</sup> | &nbsp;&nbsp; 540000 |
| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2016-GS2, Class C, 4.709%, 5/10/49<sup>(A)(C)</sup> | &nbsp;&nbsp; 1482279 |
| &nbsp;&nbsp; 440000 | &nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2016-GS2, Class D, 144a, 2.753%, 5/10/49 | &nbsp;&nbsp; 387458 |
| &nbsp;&nbsp; 430000 | &nbsp;&nbsp;JPMBB Commercial Mortgage Securities Trust, Ser 2014-C25, Class AS, 4.065%, 11/15/47 | &nbsp;&nbsp; 417100 |
| &nbsp;&nbsp; 1158573 | &nbsp;&nbsp;KSL Commercial Mortgage Trust, Ser 2024-HT2, Class C, 144a, (TSFR1M + 2.341%), 6.014%, 12/15/39<sup>(A)</sup> | &nbsp;&nbsp; 1156400 |
| &nbsp;&nbsp; 640000 | &nbsp;&nbsp;MHC Commercial Mortgage Trust, Ser 2021-MHC, Class G, 144a, (TSFR1M + 3.315%), 6.988%, 4/15/38<sup>(A)</sup> | &nbsp;&nbsp; 639600 |
| &nbsp;&nbsp; 280000 | &nbsp;&nbsp;UBS Commercial Mortgage Trust, Ser 2017-C1, Class AS, 3.724%, 6/15/50 | &nbsp;&nbsp; 274205 |
| &nbsp;&nbsp; 620000 | &nbsp;&nbsp;UBS Commercial Mortgage Trust, Ser 2019-C17, Class C, 3.758%, 10/15/52<sup>(A)(C)</sup> | &nbsp;&nbsp; 546414 |
| &nbsp;&nbsp; 1115000 | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2025-AURA, Class D, 144a, (TSFR1M + 2.891%), 6.564%, 10/15/42<sup>(A)</sup> | &nbsp;&nbsp; 1114603 |
| &nbsp;&nbsp; 446035 | &nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Ser 2013-C13, Class D, 144a, 3.932%, 5/15/45<sup>(A)(C)</sup> | &nbsp;&nbsp; 417582 |
|  | &nbsp;&nbsp;**Total Commercial Mortgage-Backed Securities** | &nbsp;&nbsp; $19733947 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Non-Agency Collateralized Mortgage Obligations — 5.6%** | &nbsp;&nbsp;**Non-Agency Collateralized Mortgage Obligations — 5.6%** |
| $736170 | &nbsp;&nbsp;BRAVO Residential Funding Trust, Ser 2024-NQM8, Class A1A, 144a, 4.300%, 8/1/53<sup>(A)(C)</sup> | $724123 |
| &nbsp;&nbsp; 984428 | &nbsp;&nbsp;CIM Trust, Ser 2018-INV1, Class B4, 144a, 4.687%, 8/25/48<sup>(A)(C)</sup> | &nbsp;&nbsp; 940645 |
| &nbsp;&nbsp; 1248334 | &nbsp;&nbsp;CIM Trust, Ser 2021-J3, Class A7, 144a, 2.500%, 6/25/51<sup>(A)(C)</sup> | &nbsp;&nbsp; 1117149 |
| &nbsp;&nbsp; 755577 | &nbsp;&nbsp;Citigroup Mortgage Loan Trust, Ser 2021-J1, Class A4A, 144a, 2.500%, 4/25/51<sup>(A)(C)</sup> | &nbsp;&nbsp; 621875 |
| &nbsp;&nbsp; 684130 | &nbsp;&nbsp;Flagstar Mortgage Trust, Ser 2021-5INV, Class A16, 144a, 2.500%, 7/25/51<sup>(A)(C)</sup> | &nbsp;&nbsp; 564765 |
| &nbsp;&nbsp; 523319 | &nbsp;&nbsp;GS Mortgage-Backed Securities Trust, Ser 2021-MM1, Class A6, 144a, 2.500%, 4/25/52<sup>(A)(C)</sup> | &nbsp;&nbsp; 466444 |
| &nbsp;&nbsp; 1774791 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2018-6, Class B2, 144a, 3.902%, 12/25/48<sup>(A)(C)</sup> | &nbsp;&nbsp; 1657240 |
| &nbsp;&nbsp; 485018 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2019-1, Class B1, 144a, 4.475%, 5/25/49<sup>(A)(C)</sup> | &nbsp;&nbsp; 458692 |
| &nbsp;&nbsp; 631290 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2020-1, Class B4, 144a, 3.815%, 6/25/50<sup>(A)(C)</sup> | &nbsp;&nbsp; 559862 |
| &nbsp;&nbsp; 615274 | &nbsp;&nbsp;JP Morgan Mortgage Trust, Ser 2020-LTV2, Class B4, 144a, 3.997%, 11/25/50<sup>(A)(C)</sup> | &nbsp;&nbsp; 546324 |
| &nbsp;&nbsp; 705493 | &nbsp;&nbsp;Mello Mortgage Capital Acceptance, Ser 2021-MTG3, Class A9, 144a, 2.500%, 7/1/51<sup>(A)(C)</sup> | &nbsp;&nbsp; 638820 |
| &nbsp;&nbsp; 784125 | &nbsp;&nbsp;Mello Mortgage Capital Acceptance, Ser 2022-INV2, Class A15, 144a, 3.000%, 4/25/52<sup>(A)(C)</sup> | &nbsp;&nbsp; 674561 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2017-1, Class B2, 144a, 3.823%, 11/25/58<sup>(A)(C)</sup> | &nbsp;&nbsp; 906173 |
| &nbsp;&nbsp; 592003 | &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2017-2, Class B2, 144a, 4.088%, 7/25/59<sup>(A)(C)</sup> | &nbsp;&nbsp; 531541 |
| &nbsp;&nbsp; 376331 | &nbsp;&nbsp;OBX Trust, Ser 2022-J1, Class B1A, 144a, 2.842%, 2/25/52<sup>(A)(C)</sup> | &nbsp;&nbsp; 320985 |
| &nbsp;&nbsp; 478876 | &nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2019-4, Class B3, 144a, 3.775%, 11/25/49<sup>(A)(C)</sup> | &nbsp;&nbsp; 440819 |
| &nbsp;&nbsp; 810000 | &nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2026-4, Class A5, 144a, 5.000%, 3/25/56<sup>(A)(C)</sup> | &nbsp;&nbsp; 802135 |
| &nbsp;&nbsp; 900000 | &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2017-3, Class B3, 144a, 3.822%, 7/25/57<sup>(A)(C)</sup> | &nbsp;&nbsp; 773498 |
| &nbsp;&nbsp; 1050000 | &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2020-4, Class A2, 144a, 2.500%, 10/25/60 | &nbsp;&nbsp; 864258 |
|  | &nbsp;&nbsp;**Total Non-Agency Collateralized Mortgage Obligations** | &nbsp;&nbsp; $13609909 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  |  |
|  | &nbsp;&nbsp;**Common Stocks — 1.5%** |  |
|  | &nbsp;&nbsp;**Health Care — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1937 | &nbsp;&nbsp;Johnson & Johnson | &nbsp;&nbsp; 473480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3784 | &nbsp;&nbsp;Medtronic PLC | &nbsp;&nbsp; 327884 |
|  |  | &nbsp;&nbsp; 801364 |
|  | &nbsp;&nbsp;**Industrials — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2176 | &nbsp;&nbsp;RTX Corp. | &nbsp;&nbsp; 419751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4856 | &nbsp;&nbsp;Stanley Black & Decker, Inc. | &nbsp;&nbsp; 345067 |
|  |  | &nbsp;&nbsp; 764818 |
|  | &nbsp;&nbsp;**Financials — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6981 | &nbsp;&nbsp;Bank of America Corp. | &nbsp;&nbsp; 340324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456 | &nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp; 385771 |
|  |  | &nbsp;&nbsp; 726095 |
|  | &nbsp;&nbsp;**Information Technology — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1284 | &nbsp;&nbsp;International Business Machines Corp. | &nbsp;&nbsp; 311229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1959 | &nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp; 380320 |
|  |  | &nbsp;&nbsp; 691549 |

---

------

Touchstone Strategic Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **MarketValue** |
|  | &nbsp;&nbsp;**Common Stocks — 1.5% (Continued)** |  |
|  | &nbsp;&nbsp;**Energy — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3198 | &nbsp;&nbsp;Exxon Mobil Corp. | $542573 |
|  | &nbsp;&nbsp;**Total Common Stocks** | &nbsp;&nbsp;&nbsp; $3526399 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  |  |
|  | &nbsp;&nbsp;**U.S. Government Mortgage-Backed Obligations — 0.7%** | &nbsp;&nbsp;**U.S. Government Mortgage-Backed Obligations — 0.7%** |
| $2029208 | &nbsp;&nbsp;FHLMC REMIC, Pool #SL3961, 3.000%, 2/1/53 | &nbsp;&nbsp; 1788204 |
|  | &nbsp;&nbsp;**Sovereign Government Obligations — 0.6%** | &nbsp;&nbsp;**Sovereign Government Obligations — 0.6%** |
| &nbsp;&nbsp; 4640 | &nbsp;&nbsp;Ghana Government International Bond, 144a, 4.717%, 7/3/26<sup>#</sup> | &nbsp;&nbsp; 4550 |
| &nbsp;&nbsp; 375966 | &nbsp;&nbsp;Ghana Government International Bond, 144a, 4.962%, 1/3/30<sup>#</sup> | &nbsp;&nbsp; 316455 |
| &nbsp;&nbsp; 122815 | &nbsp;&nbsp;Ghana Government International Bond, 144a, 5.000%, 7/3/29<sup>(A)(C)</sup> | &nbsp;&nbsp; 116923 |
| &nbsp;&nbsp; 725000 | &nbsp;&nbsp;Provincia de Cordoba, 144a, 8.600%, 2/3/35 | &nbsp;&nbsp; 692375 |
| &nbsp;&nbsp; 453330 | &nbsp;&nbsp;Sri Lanka Government International Bond, 144a, 4.000%, 4/15/28 | &nbsp;&nbsp; 432331 |
|  | &nbsp;&nbsp;**Total Sovereign Government Obligations** | &nbsp;&nbsp;&nbsp; $1562634 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  |  |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 1.4%** |  |
| 3315584 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω\*\*</sup> | &nbsp;&nbsp; 3315584 |
|  | &nbsp;&nbsp;**Total Investment Securities—100.0%<br> (Cost $241,102,871)** | $241872628 |
|  | &nbsp;&nbsp;**Other Assets in Excess of Liabilities — 0.0%** | &nbsp;&nbsp; 8987 |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $241881615 |

---

---

| | |
|:---|:---|
| *(A)* | *Variable rate security - Rate reflected is the rate in effect as of March 31, 2026.* |
| *(B)* | *Perpetual Bond - A bond or preferred stock with no definite maturity date.* |
| *(C)* | *Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description.* |
| *(D)* | *Interest only security - This type of security represents the right to receive the monthly interest payments on an underlying pool of mortgages. Payments of principal on the pool reduce the value of the "interest only" holding.* |
| *\*\** | *All or a portion of the security represents collateral for securities loaned.* |
| *†* | *All or a portion of the security is on loan. The total market value of the securities on loan as of March 31, 2026 was $1,924,563.* |
| *#* | *Zero coupon bond - Rate shown reflects effective yield to maturity at time of purchase.* |
| *∞* | *Open-End Fund.* |
| *Ω* | *Represents the 7-Day SEC yield as of March 31, 2026.* |

---

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *CLO – Collateralized Loan Obligation* |
| *FHLMC – Federal Home Loan Mortgage Corporation* |
| *LLC – Limited Liability Company* |
| *LP – Limited Partnership* |
| *PLC – Public Limited Company* |
| *REIT – Real Estate Investment Trust* |
| *REMIC – Real Estate Mortgage Investment Conduit* |
| *TSFR1M – One Month Term Secured Overnight Financing Rate* |
| *TSFR3M – Three Month Term Secured Overnight Financing Rate* |
| *144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, these securities were valued at $96,473,148 or 39.9% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees.* |

---

*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| ***Assets:*** |  |  |  |  |
| *Corporate Bonds* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*$—* | *$103717219* | *$—* | *$103717219* |
| *U.S. Treasury Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*72796679* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*72796679* |
| *Asset-Backed Securities* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*21822053* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*21822053* |
| *Commercial Mortgage-Backed Securities* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*19733947* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*19733947* |
| *Non-Agency Collateralized Mortgage Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*13609909* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*13609909* |
| *Common Stocks* | &nbsp;&nbsp;&nbsp;*3526399* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3526399* |
| *U.S. Government Mortgage-Backed Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1788204* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1788204* |
| *Sovereign Government Obligations* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1562634* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1562634* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;*3315584* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3315584* |
| ***Other Financial Instruments*** |  |  |  |  |
| *Futures* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;*Interest rate contracts* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*12992* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*12992* |
| *Total Assets* | *$6854975* | *$235030645* | *$—* | *$241885620* |
| ***Liabilities:*** |  |  |  |  |
| ***Other Financial Instruments*** |  |  |  |  |
| *Futures* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;*Interest rate contracts* | &nbsp;&nbsp;&nbsp;&nbsp;*$(1934)* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*$—* | *$—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*$(1934)* |
| *Total Liabilities* | &nbsp;&nbsp;&nbsp;&nbsp;*$(1934)* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*$—* | *$—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*$(1934)* |
| *Total* | *$6853041* | *$235030645* | *$—* | *$241883686* |

---

------

Touchstone Strategic Income ETF (Unaudited) (Continued)

#### Futures Contracts
*At March 31, 2026, $451,425 was segregated with the broker as collateral for futures contracts. The Fund had the following futures contracts, brokered by Wells Fargo, open at March 31, 2026:*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Description*** | &nbsp;&nbsp;&nbsp;***Expiration Date*** | &nbsp;&nbsp;&nbsp;***Number of<br> Contracts*** | &nbsp;&nbsp;&nbsp;***Notional Value*** | &nbsp;&nbsp;&nbsp;***Unrealized<br> Appreciation/<br> Depreciation*** |
| *Long Futures:* |  |  |  |  |
| *5-Year U.S. Treasury Note* | &nbsp;&nbsp;&nbsp;*6/30/2026* | &nbsp;&nbsp;&nbsp;*249* | &nbsp;&nbsp;&nbsp;*$26936743* | &nbsp;&nbsp;&nbsp;*$12992* |
| *30-Year U.S. Ultra Treasury Bond* | &nbsp;&nbsp;&nbsp;*6/18/2026* | &nbsp;&nbsp;&nbsp;&nbsp;*20* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2331250* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(1934)* |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*$11058* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone Ultra Short Income ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 34.7%** | &nbsp;&nbsp;**Asset-Backed Securities — 34.7%** |
| $253240 | &nbsp;&nbsp;321 Henderson Receivables VI LLC, Ser 2010-1A, Class A, 144a, 5.560%, 7/15/59 | $254562 |
| &nbsp;&nbsp; 1825000 | &nbsp;&nbsp;Affirm Asset Securitization Trust, Ser 2025-X2, Class B, 144a, 4.560%, 10/15/30 | &nbsp;&nbsp; 1823644 |
| &nbsp;&nbsp; 227565 | &nbsp;&nbsp;American Credit Acceptance Receivables Trust, Ser 2022-4, Class D, 144a, 8.000%, 2/15/29 | &nbsp;&nbsp; 229258 |
| &nbsp;&nbsp; 1710687 | &nbsp;&nbsp;American Credit Acceptance Receivables Trust, Ser 2023-1, Class D, 144a, 6.350%, 4/12/29 | &nbsp;&nbsp; 1725721 |
| &nbsp;&nbsp; 2585375 | &nbsp;&nbsp;American Credit Acceptance Receivables Trust, Ser 2023-2, Class D, 144a, 6.470%, 8/13/29 | &nbsp;&nbsp; 2607172 |
| &nbsp;&nbsp; 379774 | &nbsp;&nbsp;American Credit Acceptance Receivables Trust, Ser 2023-4, Class C, 144a, 6.990%, 9/12/30 | &nbsp;&nbsp; 381898 |
| &nbsp;&nbsp; 510618 | &nbsp;&nbsp;American Credit Acceptance Receivables Trust, Ser 2024-1, Class C, 144a, 5.630%, 1/14/30 | &nbsp;&nbsp; 511989 |
| &nbsp;&nbsp; 2276616 | &nbsp;&nbsp;American Credit Acceptance Receivables Trust, Ser 2024-2, Class C, 144a, 6.240%, 4/12/30 | &nbsp;&nbsp; 2290436 |
| &nbsp;&nbsp; 1110180 | &nbsp;&nbsp;Americredit Automobile Receivables Trust, Ser 2022-1, Class C, 2.980%, 9/20/27 | &nbsp;&nbsp; 1106724 |
| &nbsp;&nbsp; 1469000 | &nbsp;&nbsp;AMSR Trust, Ser 2021-SFR4, Class C, 144a, 2.517%, 12/17/38 | &nbsp;&nbsp; 1442817 |
| &nbsp;&nbsp; 2255000 | &nbsp;&nbsp;Apidos CLO XXIV (Cayman Islands), Ser 2016-24A, Class A2LX, 144a, (TSFR3M + 1.612%), 5.279%, 10/20/30<sup>(A)</sup> | &nbsp;&nbsp; 2255356 |
| &nbsp;&nbsp; 2700000 | &nbsp;&nbsp;Apidos CLO XXIV (Cayman Islands), Ser 2016-24A, Class BRR, 144a, (TSFR3M + 2.312%), 5.979%, 10/20/30<sup>(A)</sup> | &nbsp;&nbsp; 2699992 |
| &nbsp;&nbsp; 4639950 | &nbsp;&nbsp;Arbys Funding LLC, Ser 2020-1A, Class A2, 144a, 3.237%, 7/30/50 | &nbsp;&nbsp; 4526779 |
| &nbsp;&nbsp; 59183 | &nbsp;&nbsp;Bain Capital Credit CLO (Cayman Islands), Ser 2018-2A, Class A1R, 144a, (TSFR3M + 1.080%), 4.748%, 7/19/31<sup>(A)</sup> | &nbsp;&nbsp; 59164 |
| &nbsp;&nbsp; 2292500 | &nbsp;&nbsp;Ballyrock CLO Ltd. (Cayman Islands), Ser 2019-2A, Class XR3, 144a, (TSFR3M + 0.850%), 4.518%, 10/25/38<sup>(A)</sup> | &nbsp;&nbsp; 2292438 |
| &nbsp;&nbsp; 1028337 | &nbsp;&nbsp;BCRED BSL Static CLO Ltd. (Cayman Islands), Ser 2025-1A, Class AR, 144a, (TSFR3M + 1.250%), 4.918%, 7/24/35<sup>(A)</sup> | &nbsp;&nbsp; 1027905 |
| &nbsp;&nbsp; 1497000 | &nbsp;&nbsp;Bridgecrest Lending Auto Securitization Trust, Ser 2025-1, Class C, 5.150%, 12/17/29 | &nbsp;&nbsp; 1505329 |
| &nbsp;&nbsp; 1933322 | &nbsp;&nbsp;Carlyle US CLO Ltd. (Cayman Islands), Ser 2019-1A, Class A1A2, 144a, (TSFR3M + 0.950%), 4.618%, 4/20/31<sup>(A)</sup> | &nbsp;&nbsp; 1934486 |
| &nbsp;&nbsp; 1665000 | &nbsp;&nbsp;CoreVest American Finance Trust, Ser 2021-3, Class B, 144a, 2.494%, 10/15/54 | &nbsp;&nbsp; 1636275 |
| &nbsp;&nbsp; 3850000 | &nbsp;&nbsp;Credit Acceptance Auto Loan Trust, Ser 2023-1A, Class C, 144a, 7.710%, 7/15/33 | &nbsp;&nbsp; 3907718 |
| &nbsp;&nbsp; 408624 | &nbsp;&nbsp;Credit Acceptance Auto Loan Trust, Ser 2023-5A, Class A, 144a, 6.130%, 12/15/33 | &nbsp;&nbsp; 410300 |
| &nbsp;&nbsp; 210650 | &nbsp;&nbsp;DB Master Finance LLC, Ser 2021-1A, Class A2I, 144a, 2.045%, 11/20/51 | &nbsp;&nbsp; 207361 |
| &nbsp;&nbsp; 4175000 | &nbsp;&nbsp;Drive Auto Receivables Trust, Ser 2024-2, Class B, 4.520%, 7/16/29 | &nbsp;&nbsp; 4183021 |
| &nbsp;&nbsp; 1549490 | &nbsp;&nbsp;Drive Auto Receivables Trust, Ser 2025-2, Class A2, 4.290%, 10/16/28 | &nbsp;&nbsp; 1549812 |
| &nbsp;&nbsp; 695080 | &nbsp;&nbsp;Driven Brands Funding LLC, Ser 2020-2A, Class A2, 144a, 3.237%, 1/20/51 | &nbsp;&nbsp; 651967 |
| &nbsp;&nbsp; 923030 | &nbsp;&nbsp;Dryden 53 CLO Ltd. (Cayman Islands), Ser 2017-53A, Class AR, 144a, (TSFR3M + 1.000%), 4.672%, 1/15/31<sup>(A)</sup> | &nbsp;&nbsp; 923367 |
| &nbsp;&nbsp; 1422847 | &nbsp;&nbsp;Dryden 80 CLO Ltd. (Cayman Islands), Ser 2019-80A, Class ARR, 144a, (TSFR3M + 0.950%), 4.618%, 1/17/33<sup>(A)</sup> | &nbsp;&nbsp; 1422036 |
| &nbsp;&nbsp; 1265000 | &nbsp;&nbsp;DT Auto Owner Trust, Ser 2023-1A, Class D, 144a, 6.440%, 11/15/28 | &nbsp;&nbsp; 1281008 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 34.7% (Continued)** | &nbsp;&nbsp;**Asset-Backed Securities — 34.7% (Continued)** |
| $4451835 | &nbsp;&nbsp;Elara Hgv Timeshare Issuer LLC, Ser 2025-A, Class A, 144a, 4.540%, 1/25/40 | $4437859 |
| &nbsp;&nbsp; 86061 | &nbsp;&nbsp;Elara HGV Timeshare Issuer LLC, Ser 2021-A, Class A, 144a, 1.360%, 8/27/35 | &nbsp;&nbsp; 82437 |
| &nbsp;&nbsp; 913500 | &nbsp;&nbsp;Elmwood CLO X Ltd. (Cayman Islands), Ser 2021-3A, Class X, 144a, (TSFR3M + 0.950%), 4.618%, 7/20/38<sup>(A)</sup> | &nbsp;&nbsp; 913477 |
| &nbsp;&nbsp; 250228 | &nbsp;&nbsp;Exeter Automobile Receivables Trust, Ser 2021-3A, Class D, 1.550%, 6/15/27 | &nbsp;&nbsp; 248496 |
| &nbsp;&nbsp; 2900000 | &nbsp;&nbsp;Exeter Automobile Receivables Trust, Ser 2021-3A, Class E, 144a, 3.040%, 12/15/28 | &nbsp;&nbsp; 2862640 |
| &nbsp;&nbsp; 1566128 | &nbsp;&nbsp;Exeter Automobile Receivables Trust, Ser 2022-5A, Class D, 7.400%, 2/15/29 | &nbsp;&nbsp; 1584940 |
| &nbsp;&nbsp; 272681 | &nbsp;&nbsp;Exeter Automobile Receivables Trust, Ser 2023-4A, Class C, 6.510%, 8/15/28 | &nbsp;&nbsp; 273786 |
| &nbsp;&nbsp; 1795500 | &nbsp;&nbsp;Flatiron CLO 20 Ltd. (Cayman Islands), Ser 2020-1A, Class XR, 144a, (TSFR3M + 0.900%), 4.556%, 11/20/38<sup>(A)</sup> | &nbsp;&nbsp; 1797017 |
| &nbsp;&nbsp; 255228 | &nbsp;&nbsp;Fortress Credit Opportunities XXIX CLO Ltd. (Cayman Islands), Ser 2025-29A, Class A1, 144a, (TSFR3M + 1.250%), 4.918%, 4/20/33<sup>(A)</sup> | &nbsp;&nbsp; 255170 |
| &nbsp;&nbsp; 1531399 | &nbsp;&nbsp;Fortress Credit Opportunities XXXV CLO Ltd. (Cayman Islands), Ser 2025-35A, Class A1, 144a, (TSFR3M + 1.400%), 5.068%, 7/20/33<sup>(A)</sup> | &nbsp;&nbsp; 1531500 |
| &nbsp;&nbsp; 39677 | &nbsp;&nbsp;Foursight Capital Automobile Receivables Trust, Ser 2023-2, Class A2, 144a, 5.990%, 5/15/28 | &nbsp;&nbsp; 39727 |
| &nbsp;&nbsp; 2759891 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2021-2A, Class E, 144a, 2.870%, 5/15/28 | &nbsp;&nbsp; 2757004 |
| &nbsp;&nbsp; 80782 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2021-3A, Class D, 144a, 1.480%, 7/15/27 | &nbsp;&nbsp; 80686 |
| &nbsp;&nbsp; 1080773 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2022-2A, Class D, 144a, 6.150%, 4/17/28 | &nbsp;&nbsp; 1086922 |
| &nbsp;&nbsp; 1089650 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2022-3A, Class D, 144a, 6.420%, 6/15/28 | &nbsp;&nbsp; 1098676 |
| &nbsp;&nbsp; 2150000 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2023-1A, Class D, 144a, 7.010%, 1/16/29 | &nbsp;&nbsp; 2183625 |
| &nbsp;&nbsp; 2350000 | &nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Ser 2025-3A, Class C, 144a, 4.690%, 5/15/31 | &nbsp;&nbsp; 2335168 |
| &nbsp;&nbsp; 370335 | &nbsp;&nbsp;GLS Auto Select Receivables Trust, Ser 2024-3A, Class A2, 144a, 5.590%, 10/15/29 | &nbsp;&nbsp; 373436 |
| &nbsp;&nbsp; 1200000 | &nbsp;&nbsp;Golub Capital Partners CLO 61M, Ser 2022-61A, Class A1B, 144a, 4.550%, 7/25/35 | &nbsp;&nbsp; 1192014 |
| &nbsp;&nbsp; 4060625 | &nbsp;&nbsp;Goto Foods Funding LLC, Ser 2017-1A, Class A2II, 144a, 5.093%, 4/30/47 | &nbsp;&nbsp; 4040125 |
| &nbsp;&nbsp; 675000 | &nbsp;&nbsp;GreatAmerica Leasing Receivables Funding LLC Series, Ser 2022-1, Class C, 144a, 5.980%, 7/15/30 | &nbsp;&nbsp; 681106 |
| &nbsp;&nbsp; 1522000 | &nbsp;&nbsp;Greywolf CLO IV Ltd. (Cayman Islands), Ser 2019-1A, Class A1R2, 144a, (TSFR3M + 1.240%), 4.908%, 4/17/34<sup>(A)</sup> | &nbsp;&nbsp; 1521253 |
| &nbsp;&nbsp; 878467 | &nbsp;&nbsp;Hilton Grand Vacations Trust, Ser 2020-AA, Class A, 144a, 2.740%, 2/25/39 | &nbsp;&nbsp; 866015 |
| &nbsp;&nbsp; 139995 | &nbsp;&nbsp;Hilton Grand Vacations Trust, Ser 2020-AA, Class B, 144a, 4.220%, 2/25/39 | &nbsp;&nbsp; 139140 |
| &nbsp;&nbsp; 1708125 | &nbsp;&nbsp;Hilton Grand Vacations Trust, Ser 2022-1D, Class A, 144a, 3.610%, 6/20/34 | &nbsp;&nbsp; 1702246 |
| &nbsp;&nbsp; 304900 | &nbsp;&nbsp;Hilton Grand Vacations Trust, Ser 2022-1D, Class B, 144a, 4.100%, 6/20/34 | &nbsp;&nbsp; 303925 |
| &nbsp;&nbsp; 859468 | &nbsp;&nbsp;Jack in the Box Funding LLC, Ser 2019-1A, Class A2II, 144a, 4.476%, 8/25/49 | &nbsp;&nbsp; 853995 |
| &nbsp;&nbsp; 3463800 | &nbsp;&nbsp;Jack in the Box Funding LLC, Ser 2022-1A, Class A2I, 144a, 3.445%, 2/26/52 | &nbsp;&nbsp; 3363180 |
| &nbsp;&nbsp; 3981875 | &nbsp;&nbsp;Jimmy Johns Funding LLC, Ser 2017-1A, Class A2II, 144a, 4.846%, 7/30/47 | &nbsp;&nbsp; 3960910 |

---

------

Touchstone Ultra Short Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 34.7% (Continued)** | &nbsp;&nbsp;**Asset-Backed Securities — 34.7% (Continued)** |
| $2329250 | &nbsp;&nbsp;Jimmy Johns Funding LLC, Ser 2022-1A, Class A2I, 144a, 4.077%, 4/30/52 | $2305060 |
| &nbsp;&nbsp; 276183 | &nbsp;&nbsp;M&T Equipment Notes, Ser 2024-1A, Class A2, 144a, 4.990%, 8/18/31 | &nbsp;&nbsp; 276713 |
| &nbsp;&nbsp; 497110 | &nbsp;&nbsp;Madison Park Funding XIV Ltd. (Cayman Islands), Ser 2014-14A, Class AR4, 144a, (TSFR3M + 0.960%), 4.629%, 10/22/30<sup>(A)</sup> | &nbsp;&nbsp; 496936 |
| &nbsp;&nbsp; 297000 | &nbsp;&nbsp;Madison Park Funding XXVIII Ltd. (Cayman Islands), Ser 2018-28A, Class X, 144a, (TSFR3M + 0.900%), 4.572%, 1/15/38<sup>(A)</sup> | &nbsp;&nbsp; 297007 |
| &nbsp;&nbsp; 655906 | &nbsp;&nbsp;MVW LLC, Ser 2021-2A, Class A, 144a, 1.430%, 5/20/39 | &nbsp;&nbsp; 622932 |
| &nbsp;&nbsp; 970000 | &nbsp;&nbsp;Neighborly Issuer, Ser 2023-1A, Class A2, 144a, 7.308%, 1/30/53 | &nbsp;&nbsp; 972793 |
| &nbsp;&nbsp; 61406 | &nbsp;&nbsp;Octagon Investment Partners XXI Ltd. (Cayman Islands), Ser 2014-1A, Class AAR4, 144a, (TSFR3M + 0.810%), 4.463%, 2/14/31<sup>(A)</sup> | &nbsp;&nbsp; 61415 |
| &nbsp;&nbsp; 3825000 | &nbsp;&nbsp;OHA Credit Funding 17-R Ltd. (Cayman Islands), Ser 2024-17RA, Class X, 144a, (TSFR3M + 0.800%), 4.468%, 4/20/39<sup>(A)</sup> | &nbsp;&nbsp; 3824966 |
| &nbsp;&nbsp; 89378 | &nbsp;&nbsp;OneMain Direct Auto Receivables Trust, Ser 2022-1A, Class A1, 144a, 4.650%, 3/14/29 | &nbsp;&nbsp; 89393 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;OneMain Direct Auto Receivables Trust, Ser 2022-1A, Class B, 144a, 5.070%, 6/14/29 | &nbsp;&nbsp; 2004177 |
| &nbsp;&nbsp; 2911985 | &nbsp;&nbsp;OneMain Direct Auto Receivables Trust, Ser 2023-1A, Class A, 144a, 5.410%, 11/14/29 | &nbsp;&nbsp; 2932500 |
| &nbsp;&nbsp; 5200000 | &nbsp;&nbsp;OneMain Financial Issuance Trust, Ser 2019-2A, Class A, 144a, 3.140%, 10/14/36 | &nbsp;&nbsp; 5114200 |
| &nbsp;&nbsp; 975000 | &nbsp;&nbsp;OneMain Financial Issuance Trust, Ser 2021-1A, Class A1, 144a, 1.550%, 6/16/36 | &nbsp;&nbsp; 952801 |
| &nbsp;&nbsp; 404244 | &nbsp;&nbsp;OneMain Financial Issuance Trust, Ser 2022-S1, Class A, 144a, 4.130%, 5/14/35 | &nbsp;&nbsp; 404113 |
| &nbsp;&nbsp; 295728 | &nbsp;&nbsp;Oxford Finance Credit Fund III LP, Ser 2024-A, Class A2, 144a, 6.675%, 1/14/32 | &nbsp;&nbsp; 297118 |
| &nbsp;&nbsp; 641011 | &nbsp;&nbsp;Oxford Finance Funding Trust, Ser 2023-1A, Class B, 144a, 7.879%, 2/15/31 | &nbsp;&nbsp; 646743 |
| &nbsp;&nbsp; 3700000 | &nbsp;&nbsp;Palmer Square Loan Funding Ltd. (Cayman Islands), Ser 2024-1A, Class A1R, 144a, (TSFR3M + 0.820%), 4.480%, 10/15/32<sup>(A)</sup> | &nbsp;&nbsp; 3698006 |
| &nbsp;&nbsp; 2318396 | &nbsp;&nbsp;Palmer Square Loan Funding Ltd. (Cayman Islands), Ser 2025-2A, Class A1, 144a, (TSFR3M + 0.940%), 4.612%, 7/15/33<sup>(A)</sup> | &nbsp;&nbsp; 2316870 |
| &nbsp;&nbsp; 2695000 | &nbsp;&nbsp;Progress Residential Trust, Ser 2022-SFR3, Class B, 144a, 3.600%, 4/17/39 | &nbsp;&nbsp; 2656733 |
| &nbsp;&nbsp; 331429 | &nbsp;&nbsp;Regatta XX Funding Ltd. (Cayman Islands), Ser 2021-2A, Class X, 144a, (TSFR3M + 0.970%), 4.642%, 1/15/38<sup>(A)</sup> | &nbsp;&nbsp; 331429 |
| &nbsp;&nbsp; 9138 | &nbsp;&nbsp;Romark WM-R Ltd. (Cayman Islands), Ser 2018-1A, Class A1, 144a, (TSFR3M +1.292%), 4.959%, 4/20/31<sup>(A)</sup> | &nbsp;&nbsp; 9138 |
| &nbsp;&nbsp; 6870000 | &nbsp;&nbsp;Santander Drive Auto Receivables Trust, Ser 2025-4, Class A3, 4.170%, 4/15/30 | &nbsp;&nbsp; 6871189 |
| &nbsp;&nbsp; 120023 | &nbsp;&nbsp;SCF Equipment Leasing LLC, Ser 2024-1A, Class A2, 144a, 5.880%, 11/20/29 | &nbsp;&nbsp; 120334 |
| &nbsp;&nbsp; 313367 | &nbsp;&nbsp;SCF Equipment Leasing LLC, Ser 2025-1A, Class A2, 144a, 4.820%, 7/22/30 | &nbsp;&nbsp; 314061 |
| &nbsp;&nbsp; 2320554 | &nbsp;&nbsp;Sierra Timeshare Receivables Funding LLC, Ser 2023-1A, Class A, 144a, 5.200%, 1/20/40 | &nbsp;&nbsp; 2340096 |
| &nbsp;&nbsp; 158310 | &nbsp;&nbsp;Sierra Timeshare Receivables Funding LLC, Ser 2023-2A, Class C, 144a, 7.300%, 4/20/40 | &nbsp;&nbsp; 162863 |
| &nbsp;&nbsp; 725754 | &nbsp;&nbsp;Sierra Timeshare Receivables Funding LLC, Ser 2024-2A, Class C, 144a, 5.830%, 6/20/41 | &nbsp;&nbsp; 731548 |
| &nbsp;&nbsp; 348001 | &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2019-HY1, Class A1, 144a, (TSFR1M + 1.114%), 4.793%, 10/25/48<sup>(A)</sup> | &nbsp;&nbsp; 348121 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Asset-Backed Securities — 34.7% (Continued)** | &nbsp;&nbsp;**Asset-Backed Securities — 34.7% (Continued)** |
| $12193 | &nbsp;&nbsp;Voya CLO Ltd. (Cayman Islands), Ser 2013-2A, Class A1R, 144a, (TSFR3M + 1.232%), 4.900%, 4/25/31<sup>(A)</sup> | $12194 |
| &nbsp;&nbsp; 2636935 | &nbsp;&nbsp;Wendy's Funding LLC, Ser 2018-1A, Class A2II, 144a, 3.884%, 3/15/48 | &nbsp;&nbsp; 2586843 |
| &nbsp;&nbsp; 392227 | &nbsp;&nbsp;Westlake Automobile Receivables Trust, Ser 2022-2A, Class D, 144a, 5.480%, 9/15/27 | &nbsp;&nbsp; 393138 |
| &nbsp;&nbsp; 51057 | &nbsp;&nbsp;Westlake Automobile Receivables Trust, Ser 2022-3A, Class C, 144a, 6.440%, 12/15/27 | &nbsp;&nbsp; 51096 |
| &nbsp;&nbsp; 820000 | &nbsp;&nbsp;Westlake Automobile Receivables Trust, Ser 2022-3A, Class D, 144a, 6.680%, 4/17/28 | &nbsp;&nbsp; 825194 |
| &nbsp;&nbsp; 5860000 | &nbsp;&nbsp;Westlake Automobile Receivables Trust, Ser 2023-1A, Class D, 144a, 6.790%, 11/15/28 | &nbsp;&nbsp; 5953764 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;Westlake Automobile Receivables Trust, Ser 2023-3A, Class D, 144a, 6.470%, 3/15/29 | &nbsp;&nbsp; 2036297 |
| &nbsp;&nbsp; 1700000 | &nbsp;&nbsp;Woodmont LP (Cayman Islands), Ser 2025-14A, Class A1, 144a, (TSFR3M + 1.250%), 4.936%, 1/20/34<sup>(A)</sup> | &nbsp;&nbsp; 1700155 |
|  | &nbsp;&nbsp;**Total Asset-Backed Securities** | $142172946 |
|  | &nbsp;&nbsp;**Corporate Bonds — 30.9%** |  |
|  | &nbsp;&nbsp;**Financials — 6.1%** |  |
| &nbsp;&nbsp; 2470000 | &nbsp;&nbsp;Barclays PLC (United Kingdom), 5.200%, 5/12/26 | &nbsp;&nbsp; 2471580 |
| &nbsp;&nbsp; 3577000 | &nbsp;&nbsp;Barclays PLC (United Kingdom), 5.674%, 3/12/28 | &nbsp;&nbsp; 3610955 |
| &nbsp;&nbsp; 615000 | &nbsp;&nbsp;Citibank NA, (SOFR + 0.708%), 4.368%, 8/6/26<sup>(A)</sup> | &nbsp;&nbsp; 615636 |
| &nbsp;&nbsp; 2535000 | &nbsp;&nbsp;Citizens Financial Group, Inc., 2.850%, 7/27/26 | &nbsp;&nbsp; 2522976 |
| &nbsp;&nbsp; 1021000 | &nbsp;&nbsp;Fifth Third Bank NA, (SOFR + 0.810%), 4.475%, 1/28/28<sup>(A)</sup> | &nbsp;&nbsp; 1021497 |
| &nbsp;&nbsp; 425000 | &nbsp;&nbsp;Fifth Third Financial Corp., 3.800%, 7/22/26 | &nbsp;&nbsp; 424125 |
| &nbsp;&nbsp; 250000 | &nbsp;&nbsp;Huntington National Bank (The), 4.871%, 4/12/28 | &nbsp;&nbsp; 250836 |
| &nbsp;&nbsp; 1995000 | &nbsp;&nbsp;Jackson National Life Global Funding, 144a, 4.900%, 1/13/27 | &nbsp;&nbsp; 2002047 |
| &nbsp;&nbsp; 400000 | &nbsp;&nbsp;JPMorgan Chase & Co., 4.125%, 12/15/26 | &nbsp;&nbsp; 399711 |
| &nbsp;&nbsp; 411000 | &nbsp;&nbsp;JPMorgan Chase & Co., Ser B, (TSFR3M + 0.762%), 4.425%, 2/1/27<sup>(A)</sup> | &nbsp;&nbsp; 407368 |
| &nbsp;&nbsp; 450000 | &nbsp;&nbsp;Nomura Holdings, Inc. (Japan), 2.329%, 1/22/27 | &nbsp;&nbsp; 442441 |
| &nbsp;&nbsp; 3300000 | &nbsp;&nbsp;Ontario Teachers' Cadillac Fairview Properties Trust (Canada), 144a, 3.875%, 3/20/27 | &nbsp;&nbsp; 3284947 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Pacific Life Global Funding II, 144a, (SOFR + 0.620%), 4.272%, 6/4/26<sup>(A)</sup> | &nbsp;&nbsp; 1000704 |
| &nbsp;&nbsp; 735000 | &nbsp;&nbsp;PNC Capital Trust, (TSFR3M + 0.832%), 4.499%, 6/1/28<sup>(A)</sup> | &nbsp;&nbsp; 725090 |
| &nbsp;&nbsp; 650000 | &nbsp;&nbsp;Reliance Standard Life Global Funding II, 144a, 2.750%, 1/21/27 | &nbsp;&nbsp; 640863 |
| &nbsp;&nbsp; 3225000 | &nbsp;&nbsp;Truist Financial Corp., (TSFR3M + 0.912%), 4.586%, 3/15/28<sup>(A)</sup> | &nbsp;&nbsp; 3170051 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;Truist Financial Corp., Ser A, (TSFR3M + 0.932%), 4.584%, 5/15/27<sup>(A)</sup> | &nbsp;&nbsp; 1977232 |
|  |  | &nbsp;&nbsp; 24968059 |
|  | &nbsp;&nbsp;**Consumer Discretionary — 5.8%** |  |
| &nbsp;&nbsp; 2845000 | &nbsp;&nbsp;Daimler Truck Finance North America LLC (Germany), 144a, 4.300%, 8/12/27 | &nbsp;&nbsp; 2839282 |
| &nbsp;&nbsp; 1290000 | &nbsp;&nbsp;Daimler Truck Finance North America LLC (Germany), 144a, 5.125%, 9/25/27 | &nbsp;&nbsp; 1300344 |
| &nbsp;&nbsp; 4100000 | &nbsp;&nbsp;General Motors Financial Co., Inc., 4.350%, 1/17/27 | &nbsp;&nbsp; 4093818 |
| &nbsp;&nbsp; 1119000 | &nbsp;&nbsp;General Motors Financial Co., Inc., (SOFRINDX + 1.050%), 4.717%, 7/15/27<sup>(A)</sup> | &nbsp;&nbsp; 1120153 |
| &nbsp;&nbsp; 2977000 | &nbsp;&nbsp;General Motors Financial Co., Inc., 5.400%, 4/6/26 | &nbsp;&nbsp; 2977276 |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp;Hyundai Capital America, 144a, 5.250%, 1/8/27 | &nbsp;&nbsp; 502802 |
| &nbsp;&nbsp; 1143000 | &nbsp;&nbsp;Hyundai Capital America, 144a, 5.300%, 3/19/27 | &nbsp;&nbsp; 1151635 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Mercedes-Benz Finance North America LLC (Germany), 144a, (SOFR + 0.630%), 4.296%, 7/31/26<sup>(A)</sup> | &nbsp;&nbsp; 1000813 |

---

------

Touchstone Ultra Short Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Corporate Bonds — 30.9% (Continued)** |  |
|  | &nbsp;&nbsp;**Consumer Discretionary — 5.8% (Continued)** |  |
| $2820000 | &nbsp;&nbsp;Mercedes-Benz Finance North America LLC (Germany), 144a, 4.800%, 1/11/27 | $2830649 |
| &nbsp;&nbsp; 2996804 | &nbsp;&nbsp;United Airlines, Inc. Pass-Through Trust, Ser 2015-1, AA, 3.450%, 12/1/27 | &nbsp;&nbsp; 2937142 |
| &nbsp;&nbsp; 1066000 | &nbsp;&nbsp;Volkswagen Group of America Finance LLC (Germany), 144a, 3.200%, 9/26/26 | &nbsp;&nbsp; 1059428 |
| &nbsp;&nbsp; 1145000 | &nbsp;&nbsp;Volkswagen Group of America Finance LLC (Germany), 144a, 4.850%, 8/15/27 | &nbsp;&nbsp; 1148340 |
| &nbsp;&nbsp; 800000 | &nbsp;&nbsp;Volkswagen Group of America Finance LLC (Germany), 144a, 5.700%, 9/12/26 | &nbsp;&nbsp; 804223 |
|  |  | &nbsp;&nbsp; 23765905 |
|  | &nbsp;&nbsp;**Industrials — 4.2%** |  |
| &nbsp;&nbsp; 6026000 | &nbsp;&nbsp;Berry Global, Inc., 1.650%, 1/15/27 | &nbsp;&nbsp; 5898607 |
| &nbsp;&nbsp; 1100000 | &nbsp;&nbsp;Berry Global, Inc., 144a, 4.875%, 7/15/26 | &nbsp;&nbsp; 1100115 |
| &nbsp;&nbsp; 700000 | &nbsp;&nbsp;CNH Industrial Capital LLC, 1.450%, 7/15/26 | &nbsp;&nbsp; 693651 |
| &nbsp;&nbsp; 1900000 | &nbsp;&nbsp;CNH Industrial Capital LLC, 4.500%, 10/8/27 | &nbsp;&nbsp; 1898964 |
| &nbsp;&nbsp; 550000 | &nbsp;&nbsp;Graphic Packaging International LLC, 144a, 1.512%, 4/15/26 | &nbsp;&nbsp; 549208 |
| &nbsp;&nbsp; 250000 | &nbsp;&nbsp;L3Harris Technologies, Inc., 5.400%, 1/15/27 | &nbsp;&nbsp; 251945 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Penske Truck Leasing Co. LP / PTL Finance Corp., 144a, 5.750%, 5/24/26 | &nbsp;&nbsp; 1000738 |
| &nbsp;&nbsp; 2935000 | &nbsp;&nbsp;Penske Truck Leasing Co. LP / PTL Finance Corp., 144a, 3.400%, 11/15/26 | &nbsp;&nbsp; 2913447 |
| &nbsp;&nbsp; 835000 | &nbsp;&nbsp;Ryder System, Inc., MTN, 1.750%, 9/1/26 | &nbsp;&nbsp; 825531 |
| &nbsp;&nbsp; 2081000 | &nbsp;&nbsp;Sealed Air Corp., 144a, 1.573%, 10/15/26 | &nbsp;&nbsp; 2076776 |
|  |  | &nbsp;&nbsp; 17208982 |
|  | &nbsp;&nbsp;**Energy — 3.3%** |  |
| &nbsp;&nbsp; 3024000 | &nbsp;&nbsp;Boardwalk Pipelines LP, 4.450%, 7/15/27 | &nbsp;&nbsp; 3020674 |
| &nbsp;&nbsp; 3602000 | &nbsp;&nbsp;Continental Resources, Inc., 144a, 2.268%, 11/15/26 | &nbsp;&nbsp; 3543931 |
| &nbsp;&nbsp; 1330000 | &nbsp;&nbsp;ONEOK, Inc., 4.000%, 7/13/27 | &nbsp;&nbsp; 1322293 |
| &nbsp;&nbsp; 1230000 | &nbsp;&nbsp;ONEOK, Inc., 5.550%, 11/1/26 | &nbsp;&nbsp; 1237132 |
| &nbsp;&nbsp; 4475000 | &nbsp;&nbsp;Suncor Energy, Inc. (Canada), 7.875%, 6/15/26 | &nbsp;&nbsp; 4504409 |
|  |  | &nbsp;&nbsp; 13628439 |
|  | &nbsp;&nbsp;**Real Estate — 2.8%** |  |
| &nbsp;&nbsp; 1445000 | &nbsp;&nbsp;American Tower Corp. REIT, 3.125%, 1/15/27 | &nbsp;&nbsp; 1429231 |
| &nbsp;&nbsp; 1124000 | &nbsp;&nbsp;Boston Properties LP REIT, 2.750%, 10/1/26 | &nbsp;&nbsp; 1113493 |
| &nbsp;&nbsp; 789000 | &nbsp;&nbsp;Crown Castle, Inc. REIT, 1.050%, 7/15/26 | &nbsp;&nbsp; 781419 |
| &nbsp;&nbsp; 1030000 | &nbsp;&nbsp;Crown Castle, Inc. REIT, 4.000%, 3/1/27 | &nbsp;&nbsp; 1025316 |
| &nbsp;&nbsp; 888000 | &nbsp;&nbsp;DOC DR LLC REIT, 4.300%, 3/15/27 | &nbsp;&nbsp; 887045 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Public Storage Operating Co. REIT, (SOFR + 0.700%), 4.367%, 4/16/27<sup>(A)</sup> | &nbsp;&nbsp; 1001561 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;SBA Tower Trust REIT, 144a, 1.631%, 11/15/26 | &nbsp;&nbsp; 983647 |
| &nbsp;&nbsp; 1235000 | &nbsp;&nbsp;VICI Properties LP / VICI Note Co., Inc. REIT, 144a, 4.250%, 12/1/26 | &nbsp;&nbsp; 1231626 |
| &nbsp;&nbsp; 700000 | &nbsp;&nbsp;VICI Properties LP / VICI Note Co., Inc. REIT, 144a, 4.500%, 9/1/26 | &nbsp;&nbsp; 699171 |
| &nbsp;&nbsp; 2263000 | &nbsp;&nbsp;WEA Finance LLC REIT (France), 144a, 2.875%, 1/15/27 | &nbsp;&nbsp; 2234979 |
|  |  | &nbsp;&nbsp; 11387488 |
|  | &nbsp;&nbsp;**Health Care — 2.5%** |  |
| &nbsp;&nbsp; 1300000 | &nbsp;&nbsp;Elevance Health, Inc., 4.500%, 10/30/26 | &nbsp;&nbsp; 1301768 |
| &nbsp;&nbsp; 753000 | &nbsp;&nbsp;HCA, Inc., 4.500%, 2/15/27 | &nbsp;&nbsp; 752985 |
| &nbsp;&nbsp; 4180000 | &nbsp;&nbsp;HCA, Inc., 5.250%, 6/15/26 | &nbsp;&nbsp; 4182414 |
| &nbsp;&nbsp; 3400000 | &nbsp;&nbsp;Medline Borrower LP, 144a, 3.875%, 4/1/29 | &nbsp;&nbsp; 3288573 |
| &nbsp;&nbsp; 765000 | &nbsp;&nbsp;UnitedHealth Group, Inc., (SOFR + 0.500%), 4.167%, 7/15/26<sup>(A)</sup> | &nbsp;&nbsp; 765531 |
|  |  | &nbsp;&nbsp; 10291271 |
|  | &nbsp;&nbsp;**Utilities — 2.2%** |  |
| &nbsp;&nbsp; 3600000 | &nbsp;&nbsp;DTE Energy Co., 4.950%, 7/1/27 | &nbsp;&nbsp; 3623422 |
| &nbsp;&nbsp; 1770000 | &nbsp;&nbsp;Eversource Energy, 4.750%, 5/15/26 | &nbsp;&nbsp; 1770950 |
| &nbsp;&nbsp; 1821000 | &nbsp;&nbsp;ITC Holdings Corp., 3.250%, 6/30/26 | &nbsp;&nbsp; 1815877 |

---

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Corporate Bonds — 30.9% (Continued)** |  |
|  | &nbsp;&nbsp;**Utilities — 2.2% (Continued)** |  |
| $1368000 | &nbsp;&nbsp;KeySpan Gas East Corp., 144a, 2.742%, 8/15/26 | $1358530 |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp;Vistra Operations Co. LLC, 144a, 5.050%, 12/30/26 | &nbsp;&nbsp; 501515 |
|  |  | &nbsp;&nbsp; 9070294 |
|  | &nbsp;&nbsp;**Consumer Staples — 1.8%** |  |
| &nbsp;&nbsp; 4577000 | &nbsp;&nbsp;Global Payments, Inc., 4.800%, 4/1/26 | &nbsp;&nbsp; 4577000 |
| &nbsp;&nbsp; 449000 | &nbsp;&nbsp;Imperial Brands Finance PLC (United Kingdom), 144a, 3.500%, 7/26/26 | &nbsp;&nbsp; 447668 |
| &nbsp;&nbsp; 2363000 | &nbsp;&nbsp;Triton Container International Ltd. (Bermuda), 144a, 2.050%, 4/15/26 | &nbsp;&nbsp; 2360472 |
|  |  | &nbsp;&nbsp; 7385140 |
|  | &nbsp;&nbsp;**Materials — 1.8%** |  |
| &nbsp;&nbsp; 1220000 | &nbsp;&nbsp;Bayport Polymers LLC, 144a, 4.743%, 4/14/27 | &nbsp;&nbsp; 1219886 |
| &nbsp;&nbsp; 500000 | &nbsp;&nbsp;Chevron Phillips Chemical Co. LLC / Chevron Phillips Chemical Co. LP, 144a, 3.400%, 12/1/26 | &nbsp;&nbsp; 496566 |
| &nbsp;&nbsp; 2508000 | &nbsp;&nbsp;Nutrien Ltd. (Canada), 4.000%, 12/15/26 | &nbsp;&nbsp; 2502115 |
| &nbsp;&nbsp; 1938000 | &nbsp;&nbsp;Yara International ASA (Brazil), 144a, 3.800%, 6/6/26 | &nbsp;&nbsp; 1933682 |
| &nbsp;&nbsp; 1100000 | &nbsp;&nbsp;Yara International ASA (Brazil), 144a, 4.750%, 6/1/28 | &nbsp;&nbsp; 1102060 |
|  |  | &nbsp;&nbsp; 7254309 |
|  | &nbsp;&nbsp;**Information Technology — 0.4%** |  |
| &nbsp;&nbsp; 1825000 | &nbsp;&nbsp;Marvell Technology, Inc., 1.650%, 4/15/26 | &nbsp;&nbsp; 1822963 |
|  | &nbsp;&nbsp;**Total Corporate Bonds** | $126782850 |
|  | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 17.5%** | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 17.5%** |
| &nbsp;&nbsp; 725334 | &nbsp;&nbsp;1166 Avenue of the Americas Commercial Mortgage Trust II, Ser 2005-C6A, Class A2, 144a, 5.690%, 10/13/37 | &nbsp;&nbsp; 733034 |
| &nbsp;&nbsp; 1385000 | &nbsp;&nbsp;BANK, Ser 2017-BNK6, Class AS, 3.741%, 7/15/60<sup>(A)(B)</sup> | &nbsp;&nbsp; 1363318 |
| &nbsp;&nbsp; 2100000 | &nbsp;&nbsp;Bank of America Merrill Lynch Commercial Mortgage Trust, Ser 2016-UB10, Class AS, 3.385%, 7/15/49 | &nbsp;&nbsp; 2093112 |
| &nbsp;&nbsp; 1675748 | &nbsp;&nbsp;Bank of America Merrill Lynch Commercial Mortgage Trust, Ser 2017-BNK3, Class AS, 3.748%, 2/15/50 | &nbsp;&nbsp; 1657801 |
| &nbsp;&nbsp; 625849 | &nbsp;&nbsp;BDS Ltd. (Cayman Islands), Ser 2021-FL10, Class A, 144a, (TSFR1M + 1.464%), 5.144%, 12/16/36<sup>(A)</sup> | &nbsp;&nbsp; 625845 |
| &nbsp;&nbsp; 609911 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2021-21M, Class A, 144a, (TSFR1M + 0.844%), 4.517%, 10/15/36<sup>(A)</sup> | &nbsp;&nbsp; 609530 |
| &nbsp;&nbsp; 1498000 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2021-21M, Class B, 144a, (TSFR1M + 1.092%), 4.765%, 10/15/36<sup>(A)</sup> | &nbsp;&nbsp; 1497064 |
| &nbsp;&nbsp; 1327900 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2021-21M, Class C, 144a, (TSFR1M + 1.291%), 4.964%, 10/15/36<sup>(A)</sup> | &nbsp;&nbsp; 1327070 |
| &nbsp;&nbsp; 747053 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2021-ACNT, Class B, 144a, (TSFR1M + 1.364%), 5.037%, 11/15/38<sup>(A)</sup> | &nbsp;&nbsp; 746586 |
| &nbsp;&nbsp; 2520000 | &nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2022-LP2, Class B, 144a, (TSFR1M + 1.312%), 4.985%, 2/15/39<sup>(A)</sup> | &nbsp;&nbsp; 2518425 |
| &nbsp;&nbsp; 468312 | &nbsp;&nbsp;BX Trust, Ser 2021-RISE, Class B, 144a, (TSFR1M + 1.364%), 5.037%, 11/15/36<sup>(A)</sup> | &nbsp;&nbsp; 468019 |
| &nbsp;&nbsp; 1670357 | &nbsp;&nbsp;BX Trust, Ser 2021-SDMF, Class C, 144a, (TSFR1M + 1.002%), 4.675%, 9/15/34<sup>(A)</sup> | &nbsp;&nbsp; 1668791 |
| &nbsp;&nbsp; 668143 | &nbsp;&nbsp;BX Trust, Ser 2021-SDMF, Class D, 144a, (TSFR1M + 1.501%), 5.174%, 9/15/34<sup>(A)</sup> | &nbsp;&nbsp; 667307 |
| &nbsp;&nbsp; 1100000 | &nbsp;&nbsp;CFCRE Commercial Mortgage Trust, Ser 2016-C4, Class B, 4.147%, 5/10/58 | &nbsp;&nbsp; 1092839 |
| &nbsp;&nbsp; 949168 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2016-C1, Class A4, 3.209%, 5/10/49 | &nbsp;&nbsp; 947791 |
| &nbsp;&nbsp; 3320000 | &nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Ser 2016-C1, Class AS, 3.514%, 5/10/49 | &nbsp;&nbsp; 3304340 |

---

------

Touchstone Ultra Short Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 17.5% (Continued)** | &nbsp;&nbsp;**Commercial Mortgage-Backed Securities — 17.5% (Continued)** |
| $1054833 | &nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Ser 2016-C6, Class A5, 3.090%, 1/15/49 | $1051983 |
| &nbsp;&nbsp; 1630000 | &nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2016-GS4, Class AS, 3.645%, 11/10/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 1616078 |
| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;Hilton USA Trust, Ser 2016-HHV, Class B, 144a, 4.194%, 11/5/38<sup>(A)(B)</sup> | &nbsp;&nbsp; 1994065 |
| &nbsp;&nbsp; 5358500 | &nbsp;&nbsp;Hilton USA Trust, Ser 2016-HHV, Class C, 144a, 4.194%, 11/5/38<sup>(A)(B)</sup> | &nbsp;&nbsp; 5339516 |
| &nbsp;&nbsp; 1825000 | &nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Ser 2016-JP4, Class A4, 3.648%, 12/15/49<sup>(A)(B)</sup> | &nbsp;&nbsp; 1810636 |
| &nbsp;&nbsp; 4655000 | &nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Ser 2016-NINE, Class A, 144a, 2.854%, 9/6/38<sup>(A)(B)</sup> | &nbsp;&nbsp; 4622759 |
| &nbsp;&nbsp; 535000 | &nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Ser 2016-NINE, Class B, 144a, 2.854%, 9/6/38<sup>(A)(B)</sup> | &nbsp;&nbsp; 530337 |
| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Ser 2018-WPT, Class BFX, 144a, 4.549%, 7/5/33 | &nbsp;&nbsp; 825730 |
| &nbsp;&nbsp; 1715675 | &nbsp;&nbsp;KIND Trust, Ser 2021-KIND, Class A, 144a, (TSFR1M + 1.064%), 4.740%, 8/15/38<sup>(A)</sup> | &nbsp;&nbsp; 1707097 |
| &nbsp;&nbsp; 1058803 | &nbsp;&nbsp;MF1 LLC, Ser 2022-FL9, Class A, 144a, (TSFR1M + 2.150%), 5.827%, 6/19/37<sup>(A)</sup> | &nbsp;&nbsp; 1059594 |
| &nbsp;&nbsp; 2400000 | &nbsp;&nbsp;MHC Commercial Mortgage Trust, Ser 2021-MHC, Class F, 144a, (TSFR1M + 2.715%), 6.388%, 4/15/38<sup>(A)</sup> | &nbsp;&nbsp; 2398500 |
| &nbsp;&nbsp; 181395 | &nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2016-C29, Class A4, 3.325%, 5/15/49 | &nbsp;&nbsp; 179765 |
| &nbsp;&nbsp; 1175000 | &nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2016-C30, Class A5, 2.860%, 9/15/49 | &nbsp;&nbsp; 1163518 |
| &nbsp;&nbsp; 1625000 | &nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2016-BNK2, Class A4, 3.049%, 11/15/49 | &nbsp;&nbsp; 1600254 |
| &nbsp;&nbsp; 4810000 | &nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2017-H1, Class AS, 3.773%, 6/15/50 | &nbsp;&nbsp; 4730744 |
| &nbsp;&nbsp; 628701 | &nbsp;&nbsp;SG Commercial Mortgage Securities Trust, Ser 2016-C5, Class A3, 2.779%, 10/10/48 | &nbsp;&nbsp; 627800 |
| &nbsp;&nbsp; 2400000 | &nbsp;&nbsp;Shops at Crystals Trust, Ser 2016-CSTL, Class A, 144a, 3.126%, 7/5/36 | &nbsp;&nbsp; 2391564 |
| &nbsp;&nbsp; 1915000 | &nbsp;&nbsp;Shops at Crystals Trust, Ser 2016-CSTL, Class B, 144a, 3.528%, 7/5/36 | &nbsp;&nbsp; 1909441 |
| &nbsp;&nbsp; 1615000 | &nbsp;&nbsp;Shops at Crystals Trust, Ser 2016-CSTL, Class C, 144a, 3.731%, 7/5/36<sup>(A)(B)</sup> | &nbsp;&nbsp; 1610671 |
| &nbsp;&nbsp; 3152663 | &nbsp;&nbsp;SMR Mortgage Trust, Ser 2022-IND, Class A, 144a, (TSFR1M + 1.650%), 5.323%, 2/15/39<sup>(A)</sup> | &nbsp;&nbsp; 3145164 |
| &nbsp;&nbsp; 1400000 | &nbsp;&nbsp;SREIT Trust, Ser 2021-MFP2, Class A, 144a, (TSFR1M + 0.936%), 4.609%, 11/15/36<sup>(A)</sup> | &nbsp;&nbsp; 1399125 |
| &nbsp;&nbsp; 3864000 | &nbsp;&nbsp;VEGAS Trust, Ser 2024-TI, Class A, 144a, 5.518%, 11/10/39 | &nbsp;&nbsp; 3871966 |
| &nbsp;&nbsp; 4250000 | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2016-C35, Class B, 3.438%, 7/15/48 | &nbsp;&nbsp; 4216002 |
| &nbsp;&nbsp; 393345 | &nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2016-NXS6, Class A3, 2.642%, 11/15/49 | &nbsp;&nbsp; 392663 |
|  | &nbsp;&nbsp;**Total Commercial Mortgage-Backed Securities** | &nbsp;&nbsp; $71515844 |
|  | &nbsp;&nbsp;**Commercial Paper — 8.1%** | &nbsp;&nbsp;**Commercial Paper — 8.1%** |
| &nbsp;&nbsp;15000000 | &nbsp;&nbsp;AMETEK, Inc., 3.960%, 4/1/26<sup>(C)</sup> | &nbsp;&nbsp; 14998305 |
| &nbsp;&nbsp;15000000 | &nbsp;&nbsp;Evergy Kansas Central, Inc., 3.900%, 4/1/26<sup>(C)</sup> | &nbsp;&nbsp; 14998353 |
| &nbsp;&nbsp; 3200000 | &nbsp;&nbsp;Intercontinental Exchange, Inc. 4/1/26<sup>(C)</sup> | &nbsp;&nbsp; 3199660 |
|  | &nbsp;&nbsp;**Total Commercial Paper** | &nbsp;&nbsp; $33196318 |
|  | &nbsp;&nbsp;**Non-Agency Collateralized Mortgage Obligations — 7.5%** | &nbsp;&nbsp;**Non-Agency Collateralized Mortgage Obligations — 7.5%** |
| &nbsp;&nbsp; 1625610 | &nbsp;&nbsp;BRAVO Residential Funding Trust, Ser 2023-NQM1, Class A1, 144a, 5.757%, 1/25/63<sup>(A)(B)</sup> | &nbsp;&nbsp; 1619313 |

---

---

| | |
|:---|:---|
| **Principal<br> Amount** | **Market<br> Value** |
|  | &nbsp;&nbsp;**Non-Agency Collateralized Mortgage Obligations — 7.5%<br> (Continued)** |
| $2254226 &nbsp;&nbsp;BRAVO Residential Funding Trust, Ser 2024-NQM5, Class A1, 144a, 5.803%, 6/25/64<sup>(A)(B)</sup> | $2265765 |
| &nbsp;&nbsp; 571391 &nbsp;&nbsp;Cascade Funding Mortgage Trust, Ser 2025-HB16, Class A, 144a, 3.000%, 3/25/35<sup>(A)(B)</sup> | &nbsp;&nbsp; 561979 |
| &nbsp;&nbsp; 1888198 &nbsp;&nbsp;CIM Trust, Ser 2019-R5, Class A1, 144a, 2.680%, 9/25/59<sup>(A)(B)</sup> | &nbsp;&nbsp; 1857144 |
| &nbsp;&nbsp; 2341635 &nbsp;&nbsp;Finance of America HECM Buyout, Ser 2025-HB1, Class A, 144a, 4.500%, 11/25/35<sup>(A)(B)</sup> | &nbsp;&nbsp; 2317928 |
| &nbsp;&nbsp; 2687683 &nbsp;&nbsp;GCAT Trust, Ser 2024-NQM1, Class A1, 144a, 6.007%, 1/25/59<sup>(A)(B)</sup> | &nbsp;&nbsp; 2698568 |
| &nbsp;&nbsp; 282100 &nbsp;&nbsp;Metlife Securitization Trust, Ser 2019-1A, Class A1A, 144a, 3.750%, 4/25/58<sup>(A)(B)</sup> | &nbsp;&nbsp; 278810 |
| &nbsp;&nbsp; 193914 &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2017-1, Class M2, 144a, 3.250%, 11/25/58<sup>(A)(B)</sup> | &nbsp;&nbsp; 192418 |
| &nbsp;&nbsp; 298936 &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2017-2, Class M1, 144a, 3.250%, 7/25/59<sup>(A)(B)</sup> | &nbsp;&nbsp; 297650 |
| &nbsp;&nbsp; 675333 &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2017-3, Class M1, 144a, 3.250%, 1/25/61<sup>(A)(B)</sup> | &nbsp;&nbsp; 668465 |
| &nbsp;&nbsp; 1962098 &nbsp;&nbsp;Mill City Mortgage Loan Trust, Ser 2018-3, Class A1, 144a, 3.500%, 8/25/58<sup>(A)(B)</sup> | &nbsp;&nbsp; 1941691 |
| &nbsp;&nbsp; 304139 &nbsp;&nbsp;Mill City Mortgage Trust, Ser 2015-1, Class M3, 144a, 3.759%, 6/25/56<sup>(A)(B)</sup> | &nbsp;&nbsp; 302020 |
| &nbsp;&nbsp; 1052049 &nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2024-NQM1, Class A1, 144a, 6.129%, 3/25/64<sup>(A)(B)</sup> | &nbsp;&nbsp; 1058948 |
| &nbsp;&nbsp; 1314580 &nbsp;&nbsp;OBX Trust, Ser 2024-NQM12, Class A1, 144a, 5.475%, 7/25/64<sup>(A)(B)</sup> | &nbsp;&nbsp; 1319664 |
| &nbsp;&nbsp; 1168986 &nbsp;&nbsp;OBX Trust, Ser 2024-NQM2, Class A1, 144a, 5.878%, 12/25/63<sup>(A)(B)</sup> | &nbsp;&nbsp; 1172881 |
| &nbsp;&nbsp; 1136340 &nbsp;&nbsp;OBX Trust, Ser 2024-NQM3, Class A1, 144a, 6.129%, 12/25/63<sup>(A)(B)</sup> | &nbsp;&nbsp; 1142028 |
| &nbsp;&nbsp; 1221881 &nbsp;&nbsp;OBX Trust, Ser 2024-NQM4, Class A1, 144a, 6.067%, 1/25/64<sup>(A)(B)</sup> | &nbsp;&nbsp; 1228300 |
| &nbsp;&nbsp; 527217 &nbsp;&nbsp;PRPM LLC, Ser 2024-RCF4, Class A1, 144a, 4.000%, 7/25/54<sup>(A)(B)</sup> | &nbsp;&nbsp; 518549 |
| &nbsp;&nbsp; 1187065 &nbsp;&nbsp;PRPM LLC, Ser 2024-RCF5, Class A1, 144a, 4.000%, 8/25/54<sup>(A)(B)</sup> | &nbsp;&nbsp; 1167131 |
| &nbsp;&nbsp; 1633768 &nbsp;&nbsp;PRPM Trust, Ser 2023-NQM1, Class A1, 144a, 6.234%, 1/25/68<sup>(A)(B)</sup> | &nbsp;&nbsp; 1630898 |
| &nbsp;&nbsp; 216980 &nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2023-5, Class A10, 144a, 5.631%, 12/25/53<sup>(A)(B)</sup> | &nbsp;&nbsp; 216371 |
| &nbsp;&nbsp; 178981 &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2015-2, Class 1B1, 144a, 3.648%, 11/25/60<sup>(A)(B)</sup> | &nbsp;&nbsp; 177729 |
| &nbsp;&nbsp; 295755 &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2016-1, Class M2, 144a, 3.500%, 2/25/55<sup>(A)(B)</sup> | &nbsp;&nbsp; 293637 |
| &nbsp;&nbsp; 430865 &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2016-3, Class M2, 144a, 4.000%, 4/25/56<sup>(A)(B)</sup> | &nbsp;&nbsp; 429108 |
| &nbsp;&nbsp; 247963 &nbsp;&nbsp;Towd Point Mortgage Trust, Ser 2017-2, Class M1, 144a, 3.750%, 4/25/57<sup>(A)(B)</sup> | &nbsp;&nbsp; 245519 |
| &nbsp;&nbsp; 2927209 &nbsp;&nbsp;Verus Securitization Trust, Ser 2024-1, Class A1, 144a, 5.712%, 1/25/69<sup>(A)(B)</sup> | &nbsp;&nbsp; 2933360 |
| &nbsp;&nbsp; 2342447 &nbsp;&nbsp;Verus Securitization Trust, Ser 2024-7, Class A1, 144a, 5.095%, 9/25/69<sup>(A)(B)</sup> | &nbsp;&nbsp; 2338918 |
|  | &nbsp;&nbsp; $30874792 |

---

------

Touchstone Ultra Short Income ETF (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| **Principal<br> Amount** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**U.S. Treasury Obligations — 1.1%** | &nbsp;&nbsp;**U.S. Treasury Obligations — 1.1%** |
| $4450000 | &nbsp;&nbsp;U.S. Treasury Note, 3.375%, 2/29/28 | $4414539 |
|  | &nbsp;&nbsp;**Total Investment Securities—99.8%<br> (Cost $409,264,087)** | $408957289 |
|  | &nbsp;&nbsp;**Other Assets in Excess of Liabilities — 0.2%** | &nbsp;&nbsp; 884452 |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $409841741 |

---

*(A)* *Variable rate security - Rate reflected is the rate in effect as of March 31, 2026.* 

*(B)* *Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description.* 

*(C)* *Rate reflects yield at the time of purchase.* 

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *CLO – Collateralized Loan Obligation* |
| *LLC – Limited Liability Company* |
| *LP – Limited Partnership* |
| *MTN – Medium Term Note* |
| *PLC – Public Limited Company* |
| *REIT – Real Estate Investment Trust* |
| *SOFR – Secured Overnight Financing Rate* |
| *TSFR1M – One Month Term Secured Overnight Financing Rate* |
| *TSFR3M – Three Month Term Secured Overnight Financing Rate* |
| *144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, these securities were valued at $248,000,308 or 60.5% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees.* |

---

#### Other Information:
*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Asset-Backed Securities* | *$—* | *$142172946* | *$—* | *$142172946* |
| *Corporate Bonds* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*126782850* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*126782850* |
| *Commercial Mortgage-Backed Securities* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*71515844* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*71515844* |
| *Commercial Paper* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*33196318* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*33196318* |
| *Non-Agency Collateralized Mortgage Obligations* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*30874792* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*30874792* |
| *U.S. Treasury Obligations* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4414539* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4414539* |
| *Total* | *$—* | *$408957289* | *$—* | *$408957289* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Portfolio of Investments

Touchstone US Large Cap Focused ETF – March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 96.8%** |  |
|  | &nbsp;&nbsp;**Information Technology — 31.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;15479 | &nbsp;&nbsp;Apple, Inc. | $3928415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3066 | &nbsp;&nbsp;Applied Materials, Inc. | &nbsp;&nbsp; 1047928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2376 | &nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp; 735396 |
| &nbsp;&nbsp;&nbsp;&nbsp;10921 | &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp; 4042626 |
| &nbsp;&nbsp;&nbsp;&nbsp;21109 | &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp; 3681410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7218 | &nbsp;&nbsp;Oracle Corp. | &nbsp;&nbsp; 1061840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3767 | &nbsp;&nbsp;Salesforce, Inc. | &nbsp;&nbsp; 703186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4190 | &nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp; 813447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3195 | &nbsp;&nbsp;Workday, Inc. - Class A\* | &nbsp;&nbsp; 415094 |
|  |  | &nbsp;&nbsp;16429342 |
|  | &nbsp;&nbsp;**Communication Services — 16.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;15328 | &nbsp;&nbsp;Alphabet, Inc. - Class C | &nbsp;&nbsp; 4396990 |
| &nbsp;&nbsp;&nbsp;&nbsp;13716 | &nbsp;&nbsp;Comcast Corp. - Class A | &nbsp;&nbsp; 393786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5143 | &nbsp;&nbsp;Meta Platforms, Inc. - Class A | &nbsp;&nbsp; 2942465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3876 | &nbsp;&nbsp;Netflix, Inc.\* | &nbsp;&nbsp; 372677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5196 | &nbsp;&nbsp;Walt Disney Co. (The) | &nbsp;&nbsp; 500791 |
|  |  | &nbsp;&nbsp; 8606709 |
|  | &nbsp;&nbsp;**Financials — 14.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;32783 | &nbsp;&nbsp;Bank of America Corp. | &nbsp;&nbsp; 1598171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940 | &nbsp;&nbsp;Berkshire Hathaway, Inc. - Class B\* | &nbsp;&nbsp; 929648 |
| &nbsp;&nbsp;&nbsp;&nbsp;11173 | &nbsp;&nbsp;Charles Schwab Corp. (The) | &nbsp;&nbsp; 1050039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211 | &nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp; 1024494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296 | &nbsp;&nbsp;LPL Financial Holdings, Inc. | &nbsp;&nbsp; 690706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;Markel Group, Inc.\* | &nbsp;&nbsp; 909183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3667 | &nbsp;&nbsp;Visa, Inc. - Class A | &nbsp;&nbsp; 1108314 |
|  |  | &nbsp;&nbsp; 7310555 |
|  | &nbsp;&nbsp;**Health Care — 10.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4629 | &nbsp;&nbsp;Becton Dickinson & Co. | &nbsp;&nbsp; 727818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5824 | &nbsp;&nbsp;BioMarin Pharmaceutical, Inc.\* | &nbsp;&nbsp; 328998 |
| &nbsp;&nbsp;&nbsp;&nbsp;10199 | &nbsp;&nbsp;Bristol-Myers Squibb Co. | &nbsp;&nbsp; 618569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217 | &nbsp;&nbsp;Cencora, Inc. | &nbsp;&nbsp; 382308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1522 | &nbsp;&nbsp;HCA Healthcare, Inc. | &nbsp;&nbsp; 720271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4498 | &nbsp;&nbsp;Johnson & Johnson | &nbsp;&nbsp; 1099491 |
| &nbsp;&nbsp;&nbsp;&nbsp;10858 | &nbsp;&nbsp;Medtronic PLC | &nbsp;&nbsp; 940846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2015 | &nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp; 545239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509 | &nbsp;&nbsp;Waters Corp.\* | &nbsp;&nbsp; 151580 |
|  |  | &nbsp;&nbsp; 5515120 |
|  | &nbsp;&nbsp;**Consumer Discretionary — 7.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6353 | &nbsp;&nbsp;Airbnb, Inc. - Class A\* | &nbsp;&nbsp; 802257 |
| &nbsp;&nbsp;&nbsp;&nbsp;13781 | &nbsp;&nbsp;Amazon.com, Inc.\* | &nbsp;&nbsp; 2870169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6710 | &nbsp;&nbsp;Las Vegas Sands Corp. | &nbsp;&nbsp; 361534 |
|  |  | &nbsp;&nbsp; 4033960 |
|  | &nbsp;&nbsp;**Industrials — 7.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4805 | &nbsp;&nbsp;Boeing Co. (The)\* | &nbsp;&nbsp; 956339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1335 | &nbsp;&nbsp;Deere & Co. | &nbsp;&nbsp; 752006 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Market<br> Value** |
|  | &nbsp;&nbsp;**Common Stocks — 96.8% (Continued)** |  |
|  | &nbsp;&nbsp;**Industrials — 7.2% (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046 | &nbsp;&nbsp;Hubbell, Inc. | $513314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1642 | &nbsp;&nbsp;RTX Corp. | &nbsp;&nbsp; 316742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7562 | &nbsp;&nbsp;SS&C Technologies Holdings, Inc. | &nbsp;&nbsp; 510964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4247 | &nbsp;&nbsp;Stanley Black & Decker, Inc. | &nbsp;&nbsp; 301792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5624 | &nbsp;&nbsp;Uber Technologies, Inc.\* | &nbsp;&nbsp; 404534 |
|  |  | &nbsp;&nbsp; 3755691 |
|  | &nbsp;&nbsp;**Consumer Staples — 3.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10372 | &nbsp;&nbsp;Monster Beverage Corp.\* | &nbsp;&nbsp; 751555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7787 | &nbsp;&nbsp;Philip Morris International, Inc. | &nbsp;&nbsp; 1287503 |
|  |  | &nbsp;&nbsp; 2039058 |
|  | &nbsp;&nbsp;**Energy — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9241 | &nbsp;&nbsp;Exxon Mobil Corp. | &nbsp;&nbsp; 1567828 |
|  | &nbsp;&nbsp;**Real Estate — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2476 | &nbsp;&nbsp;Jones Lang LaSalle, Inc.\* | &nbsp;&nbsp; 753496 |
|  | &nbsp;&nbsp;**Materials — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4463 | &nbsp;&nbsp;International Flavors & Fragrances, Inc. | &nbsp;&nbsp; 323791 |
|  | &nbsp;&nbsp;**Total Common Stocks** | $50335550 |
|  | &nbsp;&nbsp;**Short-Term Investment Fund — 3.3%** |  |
| 1717215 | &nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.53%<sup>∞Ω</sup> | &nbsp;&nbsp; 1717215 |
|  | &nbsp;&nbsp;**Total Investment Securities—100.1%<br> (Cost $45,392,711)** | $52052765 |
|  | &nbsp;&nbsp;**Liabilities in Excess of Other Assets — (0.1%)** | &nbsp;&nbsp;&nbsp; (71765) |
|  | &nbsp;&nbsp;**Net Assets — 100.0%** | $51981000 |

---

---

| | |
|:---|:---|
| *\** | *Non-income producing security.* |
| *∞* | *Open-End Fund.* |
| *Ω* | *Represents the 7-Day SEC yield as of March 31, 2026.* |

---

---

| |
|:---|
| ***Portfolio Abbreviations:*** |
| *PLC – Public Limited Company* |

---

*The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the security valuation section in the accompanying Notes to Portfolios of Investments.*

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** | ***Valuation Inputs at Reporting Date:*** |
| ***Description*** | ***Level 1*** | ***Level 2*** | ***Level 3*** | ***Total*** |
| *Common Stocks* | *$50335550* | *$—* | *$—* | *$50335550* |
| *Short-Term Investment Fund* | &nbsp;&nbsp;&nbsp;&nbsp;*1717215* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;*—* | &nbsp;&nbsp;&nbsp;&nbsp;*1717215* |
| *Total* | *$52052765* | *$—* | *$—* | *$52052765* |

---

*See accompanying Notes to Portfolios of Investments.*

------

Notes to Portfolios of Investments

March 31, 2026 (Unaudited)

**Security valuation and fair value measurements — U.S. generally accepted accounting principles ("U.S. GAAP") defines fair value as the price the Funds would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. All investments in securities are recorded at their fair value. The Funds define the term "market value", as used throughout this report, as the estimated fair value. The Funds use various methods to measure fair value of their portfolio securities on a recurring basis. U.S. GAAP fair value measurement standards require disclosure of a hierarchy that prioritizes inputs to valuation methods. These inputs are summarized in the three broad levels listed below:**

• Level 1 - quoted prices in active markets for identical securities

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

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

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The aggregate value by input level, as of March 31, 2026, for each Fund's investments, is included in each Fund's Portfolio of Investments. The Funds did not hold or transfer any Level 3 categorized securities during the period ended March 31, 2026.

Changes in valuation techniques may result in transfers into or out of an investment's assigned level within the hierarchy.

The Funds' portfolio securities are valued as of the close of the regular session of trading on the New York Stock Exchange ("NYSE") (currently 4:00 p.m., Eastern Time or at the time as of which the NYSE establishes official closing prices). Portfolio securities traded on stock exchanges are valued at the last reported sale price, official close price, or last bid price if no sales are reported. Portfolio securities quoted by NASDAQ are valued at the NASDAQ Official Closing Price ("NOCP") or from the primary exchange on which the security trades. To the extent these securities are actively traded, they are categorized in Level 1 of the fair value hierarchy. Options and futures are valued at the last quoted sales price. If there is no such reported sale on the valuation date, long option positions are valued at the most recent bid price, and short option positions are valued at the most recent ask price on the valuation date and are categorized in Level 1. Shares of mutual funds in which the Funds invest are valued at their respective net asset value ("NAV") as reported by the underlying funds and are categorized in Level 1.

Debt securities held by the Funds are valued at their evaluated bid by an independent pricing service or at their last broker-quoted bid prices as obtained from one or more of the major market makers for such securities. Independent pricing services use information provided by market makers or estimates of market values through accepted market modeling conventions. Observable inputs to the models may include prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models, the securities' terms and conditions, among others, and are generally categorized in Level 2. Investments in asset-backed and mortgage-backed securities are valued by independent pricing services using models that consider estimated cash flows of each tranche of the security, establish a benchmark yield and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche, and are generally categorized in Level 2. Debt securities with remaining maturities of 60 days or less may be valued at amortized cost, provided such amount approximates market value and are categorized in Level 2. While this method provides consistency in valuation (and may only be used if it approximates market value), it may result in periods during which fair value, as determined by amortized cost, is higher or lower than the price that would be received if the Fund sold the investment.

Securities mainly traded on a non-U.S. exchange or denominated in foreign currencies are generally valued according to the preceding closing values on that exchange, translated to U.S. dollars using currency exchange rates as of the close of regular trading on the NYSE, and are generally categorized in Level 1. However, if an event that may change the value of a security occurs after the time that the closing value on the non-U.S. exchange was determined, but before the close of regular trading on the NYSE, the security may be priced based on fair value and is generally categorized in Level 2. This may cause the value of the security, if held on the books of a Fund, to be different from the closing value on the non-U.S. exchange and may affect the calculation of that Fund's NAV. The Funds may use fair value pricing under the following circumstances, among others:

• If the value of a security has been materially affected by events occurring before the Funds' pricing time but after the close of the primary markets on which the security is traded.

• If the exchange on which a portfolio security is principally traded closes early or if trading in a particular portfolio security was halted during the day and did not resume prior to the Funds' NAV calculation.

• If a security is so thinly traded that reliable market quotations are unavailable due to infrequent trading.

• If the validity of market quotations is not reliable.

Securities held by the Funds that do not have readily available market quotations, significant observable inputs, or securities for which the available market quotations are not reliable, are priced at their estimated fair value using procedures established by Touchstone Advisors, Inc. and adopted by the Funds' Board of Trustees and are generally categorized in Level 3.

------

Notes to Portfolios of Investments (Unaudited) (Continued)

Each Fund is an investment company that follows the accounting and reporting guidance of Accounting Standards Codification Topic 946 applicable to investment companies.

#### Security transactions —Security transactions are reflected for financial reporting purposes as of the trade date.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Touchstone ETF Trust

- **b. Investment Company Act file number:** 811-23789

- **c. CIK number of Registrant:** 0001919700

- **d. LEI of Registrant:** 549300OBA9Z9MIVJ9W43

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

  - **Street Address 1:** 303 Broadway

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45202

  - **Telephone number:** 8006388194

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

- **a. Name of Series:** Touchstone ETF Trust-Touchstone Dividend Select ETF

- **b. EDGAR series identifier (if any):** S000076657

- **c. LEI of Series:** 549300KD0HHGJITMFB50

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $39159039.33

**Total Liabilities:** $266813.00

**Net Assets:** $38892226.33

**Cash Not Reported:** $183557.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000236658 | 4.07%                | 2.71%                | -5.41%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $348030.67               | $1150201.91                                |
| Month 2  | $-13.08                  | $1033704.64                                |
| Month 3  | $26636.23                | $-2355913.31                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CVS Health Corp                          | CVS Health Corp COM USD0.01                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      7439 | NS      | $534268.98    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                             | Broadcom Inc COM USD0.001                            | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      3409 | NS      | $1055119.59   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                          | Caterpillar Inc COM USD1.00                          | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       937 | NS      | $663827.02    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                        | Exxon Mobil Corp. COM NPV                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      6914 | NS      | $1173029.24   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.  | International Flavors & Fragrances Inc. COM USD0.125 | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |      6727 | NS      | $488043.85    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                  | UnitedHealth Group Inc. COM USD0.01                  | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1774 | NS      | $480026.66    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                         | Duke Energy Corp COM USD0.001                        | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      5083 | NS      | $665568.02    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.    | International Business Machines Corp. COM USD0.20    | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2657 | NS      | $644030.23    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.              | Verizon Communications Inc. COM USD0.10              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     15483 | NS      | $777246.60    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.         | Philip Morris International Inc. COM NPV             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      4395 | NS      | $726669.30    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                    | Bank of America Corp. COM USD0.01                    | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     15839 | NS      | $772151.25    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation           | The Charles Schwab Corporation COM USD0.01           | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      6994 | NS      | $657296.12    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.             | Stanley Black & Decker, Inc. COM USD2.50             | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |      7654 | NS      | $543893.24    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                           | Blackrock Inc. COM                                   | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       683 | NS      | $656847.93    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                          | Starbucks Corp. COM USD0.001                         | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      5636 | NS      | $504929.24    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                          | Microsoft Corp. COM USD0.00000625                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3469 | NS      | $1284119.73   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company            | Becton, Dickinson and Company COM USD1.00            | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      3173 | NS      | $498890.79    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                          | Home Depot Inc. COM USD0.05                          | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2081 | NS      | $684420.09    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                               | 3M Company COM USD0.01                               | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      3635 | NS      | $527911.05    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                             | Oracle Corp. COM USD0.01                             | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      3056 | NS      | $449568.16    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                             | Southern Co. COM USD5                                | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      6870 | NS      | $663092.40    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                          | Deere & Company COM USD1                             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1151 | NS      | $648358.30    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                            | Chevron Corp. COM USD0.75                            | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4673 | NS      | $966843.70    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                      | Comcast Corporation COM USD0.01 CL A                 | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     18927 | NS      | $543394.17    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management Funds | Dreyfus Government Cash Management Funds SH BEN INT  | CUSIP: 262006208<br>LEI: 549300F7IDB6WRO7VJ11 | Long             | STIV             | RF                | US        |   1782403 | NS      | $1782402.78   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.    | Alexandria Real Estate Equities, Inc. COM USD0.01    | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |      7206 | NS      | $334502.52    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                        | Johnson & Johnson COM USD1.00                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      4137 | NS      | $1011248.28   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                        | Sysco Corporation COM USD1                           | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      7613 | NS      | $543035.29    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc.                         | Yum! Brands Inc. COM NPV                             | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      3641 | NS      | $566102.68    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company             | The Sherwin-Williams Company COM USD1                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      1749 | NS      | $560641.95    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation              | Lockheed Martin Corporation COM USD1.00              | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      1205 | NS      | $728289.95    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                         | Merck & Co., Inc COM USD0.50                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      6276 | NS      | $754940.04    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                   | Texas Instruments Inc. COM USD1.00                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      3745 | NS      | $727054.30    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                            | Medtronic PLC USD0.0001                              | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      8346 | NS      | $723180.90    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                      | Cisco Systems, Inc. COM USD0.001                     | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      9978 | NS      | $774193.02    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.               | Constellation Brands, Inc. COM USD0.01 CLASS A       | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      3085 | NS      | $462750.00    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                     | JPMorgan Chase & Co. COM USD1.00                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      1998 | NS      | $587731.68    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp                     | Las Vegas Sands Corp COM USD0.001                    | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |      9205 | NS      | $495965.40    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                              | Pfizer Inc. COM USD0.05                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     23767 | NS      | $667377.36    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                 | Visa Inc COM STK USD0.0001                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2229 | NS      | $673692.96    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                        | Wells Fargo & Co. COM USD1.666                       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      7955 | NS      | $633297.55    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation               | American Tower Corporation COM USD0.01               | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      3379 | NS      | $583147.82    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc.                      | Analog Devices Inc. COM USD0.16 2/3                  | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      2540 | NS      | $808075.60    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                | Goldman Sachs Group, Inc. COM USD0.01                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       672 | NS      | $568505.28    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                | KLA Corp. COM USD0.001                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       508 | NS      | $747984.28    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                              | Pepsico Inc CAP USD0.016666                          | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      4200 | NS      | $652218.00    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                 | The Procter & Gamble Co. COM NPV                     | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      5254 | NS      | $758887.76    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                | Linde PLC COM EUR0.001                               | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      1343 | NS      | $665805.68    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                 | AT&T Inc COM USD1                                    | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     25405 | NS      | $736490.95    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                         | McDonald's Corp. COM USD0.01                         | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      2017 | NS      | $626863.43    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                       | Meta Platforms Inc COM USD0.000006 CL 'A'            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       992 | NS      | $567552.96    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                            | QUALCOMM Inc. COM USD0.0001                          | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      3836 | NS      | $494000.08    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                | RTX Corp. COM                                        | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      3647 | NS      | $703506.30    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                            | U.S. Bancorp. COM USD0.01                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     13895 | NS      | $722678.95    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                            | Alphabet Inc. CAP USD0.001 CL C                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      2593 | NS      | $743827.98    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                               | Apple Inc. COM USD0.00001                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      3623 | NS      | $919481.17    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-22

**Name of Applicant:** Touchstone ETF Trust

**Signature:** Terri Lucas

**Name of Signer:** Terri Lucas

**Title:** Controller & Treasurer