# EDGAR Filing Document

**Accession Number:** 0001761055
**File Stem:** 0001410368-25-043489
**Filing Date:** 2025-12
**Character Count:** 68061
**Document Hash:** 317a79adc4cacf0b1474d9b7dbb3c562
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043489.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043489

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust
- **CENTRAL INDEX KEY:** 0001761055

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23402
- **FILM NUMBER:** 251606930

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 8004417762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares International Equity Factor Rotation Active ETF (Series ID: S000093567)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000261955 | iShares International Equity Factor Rotation Active ETF |  |

## Nport-Ex

October 31, 2025

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

2025 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

---

| |
|:---|
| **BlackRock ETF Trust** |
| • iShares International Equity Factor Rotation Active ETF \| IDYN \| NYSE Arca |

---

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

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

October 31, 2025

**iShares International Equity Factor Rotation Active ETF**

**(Percentages shown are based on Net Assets)**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Australia — 4.6%** | **Australia — 4.6%** | **Australia — 4.6%** |
| Brambles Ltd. | &nbsp;&nbsp;&nbsp; 1440 | $23399 |
| Evolution Mining Ltd. | &nbsp;&nbsp;&nbsp; 31411 | 222282 |
| Fortescue Ltd. | &nbsp;&nbsp;&nbsp; 10852 | 150921 |
| National Australia Bank Ltd. | &nbsp;&nbsp;&nbsp; 954 | 27199 |
| Northern Star Resources Ltd. | &nbsp;&nbsp;&nbsp; 9193 | 148236 |
| Pro Medicus Ltd. | &nbsp;&nbsp;&nbsp; 527 | 90489 |
| Qantas Airways Ltd. | &nbsp;&nbsp;&nbsp; 26664 | 177639 |
| REA Group Ltd. | &nbsp;&nbsp;&nbsp; 198 | 27589 |
| Xero Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 270 | 25543 |
|  |  | 893297 |
| **Austria — 0.8%** | **Austria — 0.8%** | **Austria — 0.8%** |
| Erste Group Bank AG | &nbsp;&nbsp;&nbsp; 972 | 100688 |
| Verbund AG | &nbsp;&nbsp;&nbsp; 702 | 54181 |
|  |  | 154869 |
| **Belgium — 0.9%** | **Belgium — 0.9%** | **Belgium — 0.9%** |
| Anheuser-Busch InBev SA | &nbsp;&nbsp;&nbsp; 2916 | 177809 |
| **Denmark — 0.9%** | **Denmark — 0.9%** | **Denmark — 0.9%** |
| Genmab A/S<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 643 | 183401 |
| **Finland — 0.3%** | **Finland — 0.3%** | **Finland — 0.3%** |
| Kone OYJ, Class B | &nbsp;&nbsp;&nbsp; 87 | 5813 |
| Nokia OYJ | &nbsp;&nbsp;&nbsp; 7081 | 48301 |
|  |  | 54114 |
| **France — 9.1%** | **France — 9.1%** | **France — 9.1%** |
| AXA SA | &nbsp;&nbsp;&nbsp; 88 | 3818 |
| BNP Paribas SA | &nbsp;&nbsp;&nbsp; 2212 | 171337 |
| Cie de Saint-Gobain SA | &nbsp;&nbsp;&nbsp; 650 | 63090 |
| Credit Agricole SA | &nbsp;&nbsp;&nbsp; 2926 | 52818 |
| EssilorLuxottica SA | &nbsp;&nbsp;&nbsp; 179 | 65553 |
| Hermes International SCA | &nbsp;&nbsp;&nbsp; 72 | 178161 |
| L'Oreal SA | &nbsp;&nbsp;&nbsp; 594 | 247883 |
| Sanofi SA | &nbsp;&nbsp;&nbsp; 44 | 4451 |
| Schneider Electric SE | &nbsp;&nbsp;&nbsp; 508 | 144745 |
| Societe Generale SA | &nbsp;&nbsp;&nbsp; 3246 | 205863 |
| Vinci SA | &nbsp;&nbsp;&nbsp; 4829 | 645716 |
|  |  | 1783435 |
| **Germany — 11.3%** | **Germany — 11.3%** | **Germany — 11.3%** |
| Allianz SE, Registered | &nbsp;&nbsp;&nbsp; 1252 | 503106 |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp; 270 | 25176 |
| Commerzbank AG | &nbsp;&nbsp;&nbsp; 4511 | 164484 |
| Deutsche Bank AG, Registered | &nbsp;&nbsp;&nbsp; 1386 | 49619 |
| Deutsche Post AG, Registered | &nbsp;&nbsp;&nbsp; 1746 | 80222 |
| Deutsche Telekom AG, Registered | &nbsp;&nbsp;&nbsp; 8193 | 253780 |
| Hannover Rueck SE | &nbsp;&nbsp;&nbsp; 283 | 80790 |
| Heidelberg Materials AG | &nbsp;&nbsp;&nbsp; 234 | 54897 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG in <br> Muenchen, Registered<br>| &nbsp;&nbsp;&nbsp; 201 | 124358 |
| Rheinmetall AG | &nbsp;&nbsp;&nbsp; 105 | 206407 |
| SAP SE | &nbsp;&nbsp;&nbsp; 1386 | 360460 |
| Siemens AG, Registered | &nbsp;&nbsp;&nbsp; 173 | 49028 |
| Siemens Energy AG<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1879 | 234096 |
| Talanx AG<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 180 | 21919 |
|  |  | 2208342 |
| **Hong Kong — 3.6%** | **Hong Kong — 3.6%** | **Hong Kong — 3.6%** |
| AIA Group Ltd. | &nbsp;&nbsp;&nbsp; 15000 | 145961 |
| BOC Hong Kong Holdings Ltd. | &nbsp;&nbsp;&nbsp; 27000 | 132670 |
| Galaxy Entertainment Group Ltd. | &nbsp;&nbsp;&nbsp; 18000 | 89682 |
| SITC International Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 41000 | 151009 |
| Sun Hung Kai Properties Ltd. | &nbsp;&nbsp;&nbsp; 9000 | 109519 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Hong Kong (continued)** | **Hong Kong (continued)** | **Hong Kong (continued)** |
| WH Group Ltd.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 81000 | $77915 |
|  |  | 706756 |
| **Ireland — 0.2%** | **Ireland — 0.2%** | **Ireland — 0.2%** |
| Ryanair Holdings PLC | &nbsp;&nbsp;&nbsp; 1473 | 44596 |
| **Israel — 3.0%** | **Israel — 3.0%** | **Israel — 3.0%** |
| Azrieli Group Ltd. | &nbsp;&nbsp;&nbsp; 1370 | 144538 |
| Elbit Systems Ltd. | &nbsp;&nbsp;&nbsp; 241 | 114156 |
| Mizrahi Tefahot Bank Ltd. | &nbsp;&nbsp;&nbsp; 3113 | 202400 |
| Phoenix Financial Ltd. | &nbsp;&nbsp;&nbsp; 3295 | 126848 |
|  |  | 587942 |
| **Italy — 5.4%** | **Italy — 5.4%** | **Italy — 5.4%** |
| Banco BPM SpA | &nbsp;&nbsp;&nbsp; 11235 | 163688 |
| Enel SpA | &nbsp;&nbsp;&nbsp; 25087 | 253774 |
| Ferrari NV | &nbsp;&nbsp;&nbsp; 210 | 84097 |
| Generali | &nbsp;&nbsp;&nbsp; 8803 | 338879 |
| Poste Italiane SpA<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2012 | 48509 |
| UniCredit SpA | &nbsp;&nbsp;&nbsp; 2124 | 157275 |
|  |  | 1046222 |
| **Japan — 24.8%** | **Japan — 24.8%** | **Japan — 24.8%** |
| Advantest Corp. | &nbsp;&nbsp;&nbsp; 2200 | 329441 |
| Central Japan Railway Co. | &nbsp;&nbsp;&nbsp; 1800 | 44067 |
| Chugai Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp; 1000 | 45768 |
| Fujikura Ltd. | &nbsp;&nbsp;&nbsp; 1700 | 231496 |
| Hitachi Ltd. | &nbsp;&nbsp;&nbsp; 7200 | 245945 |
| Honda Motor Co. Ltd. | &nbsp;&nbsp;&nbsp; 10800 | 109158 |
| Hoya Corp. | &nbsp;&nbsp;&nbsp; 200 | 32486 |
| IHI Corp. | &nbsp;&nbsp;&nbsp; 7400 | 153210 |
| ITOCHU Corp. | &nbsp;&nbsp;&nbsp; 3600 | 208524 |
| KDDI Corp. | &nbsp;&nbsp;&nbsp; 8400 | 133899 |
| Konami Group Corp. | &nbsp;&nbsp;&nbsp; 700 | 116575 |
| LY Corp. | &nbsp;&nbsp;&nbsp; 8900 | 26153 |
| Mitsubishi Corp. | &nbsp;&nbsp;&nbsp; 7200 | 172891 |
| Mitsubishi Electric Corp. | &nbsp;&nbsp;&nbsp; 3600 | 102213 |
| Mitsubishi Heavy Industries Ltd. | &nbsp;&nbsp;&nbsp; 6600 | 199252 |
| Mitsubishi UFJ Financial Group Inc. | &nbsp;&nbsp;&nbsp; 10800 | 163137 |
| Mitsui & Co. Ltd. | &nbsp;&nbsp;&nbsp; 5400 | 132795 |
| Mizuho Financial Group Inc. | &nbsp;&nbsp;&nbsp; 3600 | 120584 |
| MS&AD Insurance Group Holdings Inc. | &nbsp;&nbsp;&nbsp; 12100 | 249435 |
| NEC Corp. | &nbsp;&nbsp;&nbsp; 1800 | 65376 |
| Nintendo Co. Ltd. | &nbsp;&nbsp;&nbsp; 2300 | 196167 |
| Nippon Yusen KK | &nbsp;&nbsp;&nbsp; 5300 | 183027 |
| Recruit Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 1800 | 89258 |
| SBI Holdings Inc. | &nbsp;&nbsp;&nbsp; 1300 | 58093 |
| SoftBank Group Corp. | &nbsp;&nbsp;&nbsp; 1500 | 263203 |
| Sony Financial Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5900 | 5949 |
| Sony Group Corp. | &nbsp;&nbsp;&nbsp; 5900 | 164312 |
| Subaru Corp. | &nbsp;&nbsp;&nbsp; 6900 | 146784 |
| Sumitomo Electric Industries Ltd. | &nbsp;&nbsp;&nbsp; 1900 | 69269 |
| Sumitomo Mitsui Financial Group Inc. | &nbsp;&nbsp;&nbsp; 3600 | 97466 |
| Tokio Marine Holdings Inc. | &nbsp;&nbsp;&nbsp; 7800 | 290887 |
| Tokyo Electron Ltd. | &nbsp;&nbsp;&nbsp; 500 | 110235 |
| Toyota Motor Corp. | &nbsp;&nbsp;&nbsp; 7500 | 152903 |
| Toyota Tsusho Corp. | &nbsp;&nbsp;&nbsp; 3700 | 113095 |
|  |  | 4823053 |
| **Netherlands — 4.5%** | **Netherlands — 4.5%** | **Netherlands — 4.5%** |
| ASML Holding NV | &nbsp;&nbsp;&nbsp; 632 | 668219 |
| Prosus NV | &nbsp;&nbsp;&nbsp; 3035 | 209775 |
|  |  | 877994 |
| **Portugal — 0.3%** | **Portugal — 0.3%** | **Portugal — 0.3%** |
| Banco Comercial Portugues SA, Class R | &nbsp;&nbsp;&nbsp; 53197 | 46957 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares International Equity Factor Rotation Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Portugal (continued)** | **Portugal (continued)** | **Portugal (continued)** |
| Jeronimo Martins SGPS SA | &nbsp;&nbsp;&nbsp; 180 | $4636 |
|  |  | 51593 |
| **Singapore — 1.4%** | **Singapore — 1.4%** | **Singapore — 1.4%** |
| Singapore Airlines Ltd. | &nbsp;&nbsp;&nbsp; 52100 | 265216 |
| **Spain — 5.9%** | **Spain — 5.9%** | **Spain — 5.9%** |
| Amadeus IT Group SA | &nbsp;&nbsp;&nbsp; 396 | 30270 |
| Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;&nbsp; 9713 | 195679 |
| Banco Santander SA | &nbsp;&nbsp;&nbsp; 30703 | 312869 |
| CaixaBank SA | &nbsp;&nbsp;&nbsp; 19386 | 204905 |
| Iberdrola SA | &nbsp;&nbsp;&nbsp; 2741 | 55550 |
| International Consolidated Airlines Group SA, Class DI | &nbsp;&nbsp;&nbsp; 62971 | 345707 |
|  |  | 1144980 |
| **Sweden — 3.4%** | **Sweden — 3.4%** | **Sweden — 3.4%** |
| Evolution AB<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1289 | 85883 |
| Nordea Bank Abp | &nbsp;&nbsp;&nbsp; 17974 | 307478 |
| Telefonaktiebolaget LM Ericsson, Class B | &nbsp;&nbsp;&nbsp; 22133 | 224558 |
| Volvo AB, Class B | &nbsp;&nbsp;&nbsp; 1308 | 35833 |
|  |  | 653752 |
| **Switzerland — 8.4%** | **Switzerland — 8.4%** | **Switzerland — 8.4%** |
| ABB Ltd., Registered | &nbsp;&nbsp;&nbsp; 321 | 23866 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG, Participation <br> Certificates, NVS<br>| &nbsp;&nbsp;&nbsp; 1 | 15372 |
| Holcim AG | &nbsp;&nbsp;&nbsp; 1009 | 89701 |
| Novartis AG, Registered | &nbsp;&nbsp;&nbsp; 9309 | 1152097 |
| Roche Holding AG, NVS | &nbsp;&nbsp;&nbsp; 666 | 215731 |
| UBS Group AG, Registered | &nbsp;&nbsp;&nbsp; 3749 | 143457 |
|  |  | 1640224 |
| **United Kingdom — 13.6%** | **United Kingdom — 13.6%** | **United Kingdom — 13.6%** |
| 3i Group PLC | &nbsp;&nbsp;&nbsp; 2898 | 167709 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **United Kingdom (continued)** | **United Kingdom (continued)** | **United Kingdom (continued)** |
| Admiral Group PLC | &nbsp;&nbsp;&nbsp; 432 | $18601 |
| Antofagasta PLC | &nbsp;&nbsp;&nbsp; 610 | 22389 |
| Associated British Foods PLC | &nbsp;&nbsp;&nbsp; 1350 | 40738 |
| AstraZeneca PLC | &nbsp;&nbsp;&nbsp; 3096 | 510681 |
| Auto Trader Group PLC<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4674 | 47951 |
| Barclays PLC | &nbsp;&nbsp;&nbsp; 31428 | 168568 |
| BT Group PLC | &nbsp;&nbsp;&nbsp; 8406 | 20516 |
| CK Hutchison Holdings Ltd. | &nbsp;&nbsp;&nbsp; 9000 | 59683 |
| Compass Group PLC | &nbsp;&nbsp;&nbsp; 5076 | 168015 |
| Diageo PLC | &nbsp;&nbsp;&nbsp; 1836 | 42231 |
| Fresnillo PLC | &nbsp;&nbsp;&nbsp; 2397 | 70096 |
| Lloyds Banking Group PLC | &nbsp;&nbsp;&nbsp; 96048 | 112615 |
| London Stock Exchange Group PLC | &nbsp;&nbsp;&nbsp; 288 | 35892 |
| Next PLC | &nbsp;&nbsp;&nbsp; 353 | 66325 |
| Prudential PLC | &nbsp;&nbsp;&nbsp; 4932 | 68595 |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp;&nbsp; 2070 | 158332 |
| RELX PLC | &nbsp;&nbsp;&nbsp; 5731 | 253289 |
| Standard Chartered PLC | &nbsp;&nbsp;&nbsp; 7272 | 149274 |
| Tesco PLC | &nbsp;&nbsp;&nbsp; 42457 | 256214 |
| Vodafone Group PLC | &nbsp;&nbsp;&nbsp; 172692 | 209056 |
|  |  | 2646770 |
| **Total Investments — 102.4%** <br>**(Cost: $18,816,918)** | **Total Investments — 102.4%** <br>**(Cost: $18,816,918)** | 19944365 |
| **Liabilities in Excess of Other Assets — (2.4)%** | **Liabilities in Excess of Other Assets — (2.4)%** | (466190)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $19478175 |

---

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

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*08/05/25*<sup>(a)</sup> <br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Treasury, SL Agency Shares<sup>(b)</sup> | $—<br> &nbsp;&nbsp; $0 <br><sup>(c)</sup><br>| $— | $— | $— | $— |  | $50 | $— |

---

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

<sup>(a)</sup> Commencement of operations.

<sup>(b)</sup> As of period end, the entity is no longer held.

<sup>(c)</sup> Represents net amount purchased (sold).

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares International Equity Factor Rotation Active ETF**

**Fair Value Hierarchy as of Period End (continued)**

inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $156958 | &nbsp;&nbsp; $19787407 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $19944365 |

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| NVS | Non-Voting Shares |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23402

- **c. CIK number of Registrant:** 0001761055

- **d. LEI of Registrant:** 5493007WBHAKV9JVS642

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** iShares International Equity Factor Rotation Active ETF

- **b. EDGAR series identifier (if any):** S000093567

- **c. LEI of Series:** 5299009WQTVPW958TU28

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $20004878.86

**Total Liabilities:** $526704.00

**Net Assets:** $19478174.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261955 | 2.79%                | 4.01%                | 1.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $72697.08                | $319082.94                                 |
| Month 2  | $22387.50                | $591916.22                                 |
| Month 3  | $-54.90                  | $216447.31                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Antofagasta PLC                                           | Antofagasta PLC                                           | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | EC               | CORP              | GB        |       610 | NS      | $22388.44     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo PLC                                                | Diageo PLC                                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      1836 | NS      | $42231.20     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                    | Standard Chartered PLC                                    | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |      7272 | NS      | $149274.08    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Associated British Foods PLC                              | Associated British Foods PLC                              | CUSIP: 000000000<br>LEI: GBQKSY6W7G0OHCQ8OQ72 | Long             | EC               | CORP              | GB        |      1350 | NS      | $40738.33     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential PLC                                            | Prudential PLC                                            | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |      4932 | NS      | $68594.66     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                  | Lloyds Banking Group PLC                                  | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | GB        |     96048 | NS      | $112615.08    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                           | AstraZeneca PLC                                           | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      3096 | NS      | $510680.64    | 2.62%             |  |  |  | No            |                  2 | On Loan: No      |
| BT Group PLC                                              | BT Group PLC                                              | CUSIP: 000000000<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |      8406 | NS      | $20515.46     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     31428 | NS      | $168567.86    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Next PLC                                                  | Next PLC                                                  | CUSIP: 000000000<br>LEI: 213800WQD8ECPZP9PH98 | Long             | EC               | CORP              | GB        |       353 | NS      | $66325.19     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Generali                                                  | Generali                                                  | CUSIP: 000000000<br>LEI: 549300X5UKJVE386ZB61 | Long             | EC               | CORP              | IT        |      8803 | NS      | $338879.30    | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                                | L'Oreal SA                                                | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |       594 | NS      | $247882.92    | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                                         | Hannover Rueck SE                                         | CUSIP: 000000000<br>LEI: 529900KIN5BE45V5KB18 | Long             | EC               | CORP              | DE        |       283 | NS      | $80790.41     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Genmab A/S                                                | Genmab A/S                                                | CUSIP: 000000000<br>LEI: 529900MTJPDPE4MHJ122 | Long             | EC               | CORP              | DK        |       643 | NS      | $183401.48    | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                                          | Deutsche Post AG                                          | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      1746 | NS      | $80222.32     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Verbund AG                                                | Verbund AG                                                | CUSIP: 000000000<br>LEI: 5299006UDSEJCTTEJS30 | Long             | EC               | CORP              | AT        |       702 | NS      | $54180.49     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                                     | Schneider Electric SE                                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |       508 | NS      | $144744.33    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                                    | SAP SE                                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      1386 | NS      | $360460.29    | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Heidelberg Materials AG                                   | Heidelberg Materials AG                                   | CUSIP: 000000000<br>LEI: LZ2C6E0W5W7LQMX5ZI37 | Long             | EC               | CORP              | DE        |       234 | NS      | $54897.22     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                                | Allianz SE                                                | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |      1252 | NS      | $503105.68    | 2.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Hermes International SCA                                  | Hermes International SCA                                  | CUSIP: 000000000<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |        72 | NS      | $178161.04    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                                       | Erste Group Bank AG                                       | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |       972 | NS      | $100688.37    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 000000000<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |       201 | NS      | $124357.47    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Rheinmetall AG                                            | Rheinmetall AG                                            | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |       105 | NS      | $206407.34    | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |      9713 | NS      | $195678.80    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                                 | Sanofi SA                                                 | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |        44 | NS      | $4451.17      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                        | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |     30703 | NS      | $312869.28    | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                                | Siemens AG                                                | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |       173 | NS      | $49027.72     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EC               | CORP              | DE        |      1386 | NS      | $49619.04     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayerische Motoren Werke AG                               | Bayerische Motoren Werke AG                               | CUSIP: 000000000<br>LEI: YEH5ZCD6E441RHVHD759 | Long             | EC               | CORP              | DE        |       270 | NS      | $25176.10     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                       | Deutsche Telekom AG                                       | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |      8193 | NS      | $253779.57    | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Nokia Oyj                                                 | Nokia Oyj                                                 | CUSIP: 000000000<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |      7081 | NS      | $48301.60     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                           | Telefonaktiebolaget LM Ericsson                           | CUSIP: 000000000<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |     22133 | NS      | $224558.33    | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG                    | Chocoladefabriken Lindt & Spruengli AG                    | CUSIP: 000000000<br>LEI: 529900JYJNNOKKAGK736 | Long             | EC               | CORP              | CH        |         1 | NS      | $15372.34     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                       | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |      3246 | NS      | $205863.29    | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LY Corp                                                   | LY Corp                                                   | CUSIP: 000000000<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |      8900 | NS      | $26152.79     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortescue Ltd                                             | Fortescue Ltd                                             | CUSIP: 000000000<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |     10852 | NS      | $150921.24    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Central Japan Railway Co                                  | Central Japan Railway Co                                  | CUSIP: 000000000<br>LEI: 353800YAR3OVUITHTG64 | Long             | EC               | CORP              | JP        |      1800 | NS      | $44067.08     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Chugai Pharmaceutical Co Ltd                              | Chugai Pharmaceutical Co Ltd                              | CUSIP: 000000000<br>LEI: 529900T9LAII161DCN95 | Long             | EC               | CORP              | JP        |      1000 | NS      | $45767.73     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| REA Group Ltd                                             | REA Group Ltd                                             | CUSIP: 000000000<br>LEI: 894500KA4UBDATOFPN36 | Long             | EC               | CORP              | AU        |       198 | NS      | $27588.71     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp                                                 | KDDI Corp                                                 | CUSIP: 000000000<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |      8400 | NS      | $133898.93    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Pro Medicus Ltd                                           | Pro Medicus Ltd                                           | CUSIP: 000000000<br>LEI: 98450085A903D1BMFF27 | Long             | EC               | CORP              | AU        |       527 | NS      | $90488.47     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Elbit Systems Ltd                                         | Elbit Systems Ltd                                         | CUSIP: 000000000<br>LEI: 529900Q9CB1REUMZSS32 | Long             | EC               | CORP              | IL        |       241 | NS      | $114156.52    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Holdings Inc                                          | SBI Holdings Inc                                          | CUSIP: 000000000<br>LEI: 353800L6LMHYIPSMRQ17 | Long             | EC               | CORP              | JP        |      1300 | NS      | $58093.13     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                        | Mitsubishi UFJ Financial Group Inc                        | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |     10800 | NS      | $163136.88    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Subaru Corp                                               | Subaru Corp                                               | CUSIP: 000000000<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |      6900 | NS      | $146784.53    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd                                              | Fujikura Ltd                                              | CUSIP: 000000000<br>LEI: 353800PSDZ8VRCKVPL51 | Long             | EC               | CORP              | JP        |      1700 | NS      | $231495.84    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd                                               | Hitachi Ltd                                               | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |      7200 | NS      | $245944.65    | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Honda Motor Co Ltd                                        | Honda Motor Co Ltd                                        | CUSIP: 000000000<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |     10800 | NS      | $109158.23    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp                                                 | Hoya Corp                                                 | CUSIP: 000000000<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |       200 | NS      | $32486.40     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Financial Ltd                                     | Phoenix Financial Ltd                                     | CUSIP: 000000000<br>LEI: 254900IUA68QTCFYHE30 | Long             | EC               | CORP              | IL        |      3295 | NS      | $126847.68    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Entertainment Group Ltd                            | Galaxy Entertainment Group Ltd                            | CUSIP: 000000000<br>LEI: 549300ZSEBV3HR826S10 | Long             | EC               | CORP              | HK        |     18000 | NS      | $89681.91     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| IHI Corp                                                  | IHI Corp                                                  | CUSIP: 000000000<br>LEI: 549300ETQIESIUQ2OE26 | Long             | EC               | CORP              | JP        |      7400 | NS      | $153210.27    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| ITOCHU Corp                                               | ITOCHU Corp                                               | CUSIP: 000000000<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |      3600 | NS      | $208523.71    | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Konami Group Corp                                         | Konami Group Corp                                         | CUSIP: 000000000<br>LEI: 353800FC4A5QCMIZFV94 | Long             | EC               | CORP              | JP        |       700 | NS      | $116574.62    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokio Marine Holdings Inc                                 | Tokio Marine Holdings Inc                                 | CUSIP: 000000000<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |      7800 | NS      | $290886.71    | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC Hong Kong Holdings Ltd                                | BOC Hong Kong Holdings Ltd                                | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |     27000 | NS      | $132670.38    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                       | Sumitomo Mitsui Financial Group Inc                       | CUSIP: 000000000<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |      3600 | NS      | $97465.64     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group Inc                                | Mizuho Financial Group Inc                                | CUSIP: 000000000<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |      3600 | NS      | $120583.67    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Corp                                           | Mitsubishi Corp                                           | CUSIP: 000000000<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | EC               | CORP              | JP        |      7200 | NS      | $172891.07    | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp                                  | Mitsubishi Electric Corp                                  | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |      3600 | NS      | $102213.32    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Heavy Industries Ltd                           | Mitsubishi Heavy Industries Ltd                           | CUSIP: 000000000<br>LEI: 353800TJ98PCAZROVE69 | Long             | EC               | CORP              | JP        |      6600 | NS      | $199251.82    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui & Co Ltd                                           | Mitsui & Co Ltd                                           | CUSIP: 000000000<br>LEI: 2NRSB4GOU9DD6CNW5R48 | Long             | EC               | CORP              | JP        |      5400 | NS      | $132794.75    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd                               | National Australia Bank Ltd                               | CUSIP: 000000000<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | EC               | CORP              | AU        |       954 | NS      | $27198.59     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd                                           | Nintendo Co Ltd                                           | CUSIP: 000000000<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |      2300 | NS      | $196166.74    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corp                                                  | NEC Corp                                                  | CUSIP: 000000000<br>LEI: 5493000QYMPFRTEY4K28 | Long             | EC               | CORP              | JP        |      1800 | NS      | $65376.07     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Yusen KK                                           | Nippon Yusen KK                                           | CUSIP: 000000000<br>LEI: 353800YPW4XM0ZN5I149 | Long             | EC               | CORP              | JP        |      5300 | NS      | $183026.67    | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Qantas Airways Ltd                                        | Qantas Airways Ltd                                        | CUSIP: 000000000<br>LEI: YLXNW6TI6QSK1H8H0N82 | Long             | EC               | CORP              | AU        |     26664 | NS      | $177639.29    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd                               | Northern Star Resources Ltd                               | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |      9193 | NS      | $148235.59    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Group Corp                                       | SoftBank Group Corp                                       | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |      1500 | NS      | $263202.78    | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Airlines Ltd                                    | Singapore Airlines Ltd                                    | CUSIP: 000000000<br>LEI: 549300ZG62N2599PWR15 | Long             | EC               | CORP              | SG        |     52100 | NS      | $265215.90    | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp                                           | Sony Group Corp                                           | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      5900 | NS      | $164312.52    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries Ltd                          | Sumitomo Electric Industries Ltd                          | CUSIP: 000000000<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |      1900 | NS      | $69269.07     | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd                               | Sun Hung Kai Properties Ltd                               | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |      9000 | NS      | $109519.06    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantest Corp                                            | Advantest Corp                                            | CUSIP: 000000000<br>LEI: 353800EMK32PDKS9XR54 | Long             | EC               | CORP              | JP        |      2200 | NS      | $329440.75    | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd                                        | Tokyo Electron Ltd                                        | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |       500 | NS      | $110235.10    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Tsusho Corp                                        | Toyota Tsusho Corp                                        | CUSIP: 000000000<br>LEI: 549300CEE2ENIUJNXB84 | Long             | EC               | CORP              | JP        |      3700 | NS      | $113095.04    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                                         | Toyota Motor Corp                                         | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |      7500 | NS      | $152903.43    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizrahi Tefahot Bank Ltd                                  | Mizrahi Tefahot Bank Ltd                                  | CUSIP: 000000000<br>LEI: YZO9YEGEO4VYDZMDWF93 | Long             | EC               | CORP              | IL        |      3113 | NS      | $202399.64    | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                    | AXA SA                                                    | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |        88 | NS      | $3818.18      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                               | Novartis AG                                               | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |      9309 | NS      | $1152097.26   | 5.91%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd                                                   | ABB Ltd                                                   | CUSIP: 000000000<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |       321 | NS      | $23865.55     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                          | Roche Holding AG                                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |       666 | NS      | $215730.84    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                                 | Holcim AG                                                 | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |      1009 | NS      | $89701.32     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                                  | Enel SpA                                                  | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |     25087 | NS      | $253774.00    | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| EssilorLuxottica SA                                       | EssilorLuxottica SA                                       | CUSIP: 000000000<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |       179 | NS      | $65553.13     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                        | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |      2926 | NS      | $52818.31     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |      2212 | NS      | $171336.99    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie de Saint-Gobain SA                                    | Cie de Saint-Gobain SA                                    | CUSIP: 000000000<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |       650 | NS      | $63090.30     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution Mining Ltd                                      | Evolution Mining Ltd                                      | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |     31411 | NS      | $222281.96    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                           | ASML Holding NV                                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       632 | NS      | $668219.51    | 3.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Commerzbank AG                                            | Commerzbank AG                                            | CUSIP: 000000000<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | EC               | CORP              | DE        |      4511 | NS      | $164484.07    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |    172692 | NS      | $209056.26    | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |      3749 | NS      | $143456.65    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Poste Italiane SpA                                        | Poste Italiane SpA                                        | CUSIP: 000000000<br>LEI: 815600354DEDBD0BA991 | Long             | EC               | CORP              | IT        |      2012 | NS      | $48509.12     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrari NV                                                | Ferrari NV                                                | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |       210 | NS      | $84096.69     | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                                | Anheuser-Busch InBev SA/NV                                | CUSIP: 000000000<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |      2916 | NS      | $177809.52    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Energy AG                                         | Siemens Energy AG                                         | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |      1879 | NS      | $234095.78    | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Admiral Group PLC                                         | Admiral Group PLC                                         | CUSIP: 000000000<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |       432 | NS      | $18600.71     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Kone Oyj                                                  | Kone Oyj                                                  | CUSIP: 000000000<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | FI        |        87 | NS      | $5812.73      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| London Stock Exchange Group PLC                           | London Stock Exchange Group PLC                           | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |       288 | NS      | $35892.36     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Brambles Ltd                                              | Brambles Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      1440 | NS      | $23399.38     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                                  | Volvo AB                                                  | CUSIP: 000000000<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |      1308 | NS      | $35832.72     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                                  | Vinci SA                                                  | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |      4829 | NS      | $645715.76    | 3.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA                                  | Jeronimo Martins SGPS SA                                  | CUSIP: 000000000<br>LEI: 259400A8SZP10GB5IB19 | Long             | EC               | CORP              | PT        |       180 | NS      | $4635.90      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group PLC                                              | 3i Group PLC                                              | CUSIP: 000000000<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |      2898 | NS      | $167708.96    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Financial Group Inc                                  | Sony Financial Group Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5900 | NS      | $5949.39      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC                               | Reckitt Benckiser Group PLC                               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |      2070 | NS      | $158332.32    | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                              | CaixaBank SA                                              | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |     19386 | NS      | $204905.09    | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                              | Iberdrola SA                                              | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |      2741 | NS      | $55549.77     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                                  | RELX PLC                                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |      5731 | NS      | $253289.43    | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| MS&AD Insurance Group Holdings Inc                        | MS&AD Insurance Group Holdings Inc                        | CUSIP: 000000000<br>LEI: 529900CXROT5S2HMMP26 | Long             | EC               | CORP              | JP        |     12100 | NS      | $249434.96    | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresnillo PLC                                             | Fresnillo PLC                                             | CUSIP: 000000000<br>LEI: 549300JXWH1UV5J0XV81 | Long             | EC               | CORP              | GB        |      2397 | NS      | $70095.83     | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Amadeus IT Group SA                                       | Amadeus IT Group SA                                       | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |       396 | NS      | $30270.52     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                             | AIA Group Ltd                                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |     15000 | NS      | $145960.95    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| International Consolidated Airlines Group SA              | International Consolidated Airlines Group SA              | CUSIP: 000000000<br>LEI: 959800TZHQRUSH1ESL13 | Long             | EC               | CORP              | ES        |     62971 | NS      | $345706.63    | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Azrieli Group Ltd                                         | Azrieli Group Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1370 | NS      | $144537.83    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| SITC International Holdings Co Ltd                        | SITC International Holdings Co Ltd                        | CUSIP: 000000000<br>LEI: 529900JUV4MOM9CE3V12 | Long             | EC               | CORP              | KY        |     41000 | NS      | $151008.62    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Talanx AG                                                 | Talanx AG                                                 | CUSIP: 000000000<br>LEI: 5299006ZIILJ6VJVSJ32 | Long             | EC               | CORP              | DE        |       180 | NS      | $21918.84     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Xero Ltd                                                  | Xero Ltd                                                  | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |       270 | NS      | $25543.40     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Group PLC                                         | Compass Group PLC                                         | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |      5076 | NS      | $168014.70    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                           | Nordea Bank Abp                                           | CUSIP: 000000000<br>LEI: 529900ODI3047E2LIV03 | Long             | EC               | CORP              | FI        |     17974 | NS      | $307477.68    | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                                 | Prosus NV                                                 | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |      3035 | NS      | $209774.51    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution AB                                              | Evolution AB                                              | CUSIP: 000000000<br>LEI: 549300SUH6ZR1RF6TA88 | Long             | EC               | CORP              | SE        |      1289 | NS      | $85882.87     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesco PLC                                                 | Tesco PLC                                                 | CUSIP: 000000000<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |     42457 | NS      | $256214.04    | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Group Ltd                                              | WH Group Ltd                                              | CUSIP: 000000000<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | KY        |     81000 | NS      | $77915.24     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co Ltd                                   | Recruit Holdings Co Ltd                                   | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |      1800 | NS      | $89258.28     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto Trader Group PLC                                     | Auto Trader Group PLC                                     | CUSIP: 000000000<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |      4674 | NS      | $47950.96     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Hutchison Holdings Ltd                                 | CK Hutchison Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 254900Z8HM1VEPOQ2G79 | Long             | EC               | CORP              | KY        |      9000 | NS      | $59683.24     | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BPM SpA                                             | Banco BPM SpA                                             | CUSIP: 000000000<br>LEI: 815600E4E6DCD2D25E30 | Long             | EC               | CORP              | IT        |     11235 | NS      | $163687.68    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit SpA                                             | UniCredit SpA                                             | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |      2124 | NS      | $157275.04    | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryanair Holdings PLC                                      | Ryanair Holdings PLC                                      | CUSIP: 000000000<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |      1473 | NS      | $44595.97     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Comercial Portugues SA                              | Banco Comercial Portugues SA                              | CUSIP: 000000000<br>LEI: JU1U6S0DG9YLT7N8ZV32 | Long             | EC               | CORP              | PT        |     53197 | NS      | $46957.08     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** BlackRock ETF Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer