# EDGAR Filing Document

**Accession Number:** 0001597934
**File Stem:** 0001410368-26-020671
**Filing Date:** 2026-2
**Character Count:** 23778
**Document Hash:** b34de47f5ea254ac260530fc2931652d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-020671.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001410368-26-020671

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** abrdn ETFs
- **CENTRAL INDEX KEY:** 0001597934

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22986
- **FILM NUMBER:** 26698205

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 215-405-5700

**MAIL ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Aberdeen Standard Investments ETFs
- **DATE OF NAME CHANGE:** 20181001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ETFS Trust
- **DATE OF NAME CHANGE:** 20140122

## Series and Classes Contracts Data

### abrdn Bloomberg All Commodity Strategy K-1 Free ETF (Series ID: S000056192)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000176935 | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | BCI             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** abrdn ETFs

- **b. Investment Company Act file number:** 811-22986

- **c. CIK number of Registrant:** 0001597934

- **d. LEI of Registrant:** 54930044UD4VERB62W69

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

  - **Street Address 1:** 1900 Market Street

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19103

  - **Telephone number:** 844-383-7289

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

- **a. Name of Series:** abrdn Bloomberg All Commodity Strategy K-1 Free ETF

- **b. EDGAR series identifier (if any):** S000056192

- **c. LEI of Series:** 549300PWXO8WGDSMS419

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $1770320740.95

**Total Liabilities:** $1215812.66

**Net Assets:** $1769104928.29

**Amount of Assets Invested in Other Investment Companies:** $337501539.13

**Cash Not Reported:** $82654748.44

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176935 | 2.89%                | 3.17%                | -0.56%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6577.23                 | $326695.61                                 |
| Month 2  | $2130.15                 | $-388658.37                                |
| Month 3  | $36019.95                | $296202.87                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Commodity Index

- **Index Identifier:** BCOM Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| State Street Global Advisors | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  33901500 | NS      | $33901500.39  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  84000000 | PA      | $83834178.12  | 4.74%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  89000000 | PA      | $88578124.87  | 5.01%             | 2026-02-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  79000000 | PA      | $78414026.19  | 4.43%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  80000000 | PA      | $80000000.00  | 4.52%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  82000000 | PA      | $81952531.02  | 4.63%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  82000000 | PA      | $81895196.62  | 4.63%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  84000000 | PA      | $83778177.00  | 4.74%             | 2026-01-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  87000000 | PA      | $86709314.73  | 4.90%             | 2026-02-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  91000000 | PA      | $90628402.41  | 5.12%             | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  90000000 | PA      | $89506993.50  | 5.06%             | 2026-02-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797RV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  93000000 | PA      | $92435171.94  | 5.22%             | 2026-03-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  84000000 | PA      | $83432756.40  | 4.72%             | 2026-03-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  91000000 | PA      | $90965116.97  | 5.14%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  91000000 | PA      | $90902576.31  | 5.14%             | 2026-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  87000000 | PA      | $86846256.21  | 4.91%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  91000000 | PA      | $90776965.37  | 5.13%             | 2026-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  91000000 | PA      | $90716019.03  | 5.13%             | 2026-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  83000000 | PA      | $82682324.14  | 4.67%             | 2026-02-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury       | U.S. Treasury Bills                                          | CUSIP: 912797SR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  83000000 | PA      | $82625571.23  | 4.67%             | 2026-02-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Mercantile Exchange | NATURAL GAS FUTR MAR26                                       | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      3952 | NC      | $-23562570.24 | -1.33%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange | WTI CRUDE FUTURE MAR26                                       | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      1459 | NC      | $-1244867.95  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.       | SUGAR 11 (WORLD) MAR26                                       | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |      2120 | NC      | $-2964360.93  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | SOYBEAN FUTURE MAR26                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      1844 | NC      | $-5023043.10  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.       | COFFEE 'C' FUTURE MAR26                                      | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |       386 | NC      | $-5127609.47  | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | CORN FUTURE MAR26                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      3786 | NC      | $-1606096.25  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | WHEAT FUTURE(CBT) MAR26                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      1605 | NC      | $-3454321.54  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME PRI ALUM FUTR JAN26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      1154 | NC      | $5987233.59   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME PRI ALUM FUTR JAN26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |     -1154 | NC      | $-3330349.16  | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME LEAD FUTURE JAN26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       332 | NC      | $-292649.28   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME LEAD FUTURE JAN26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -332 | NC      | $-135914.03   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE JAN26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       554 | NC      | $1014505.34   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE JAN26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -554 | NC      | $782758.09    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe           | BRENT CRUDE FUTR MAR26                                       | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |      1607 | NC      | $-3749644.62  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange | NY HARB ULSD FUT MAR26                                       | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       344 | NC      | $-1707377.08  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.       | COTTON NO.2 FUTR MAR26                                       | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |       723 | NC      | $-282040.46   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE JAN26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       454 | NC      | $3219671.38   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE JAN26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -454 | NC      | $-5150964.32  | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME PRI ALUM FUTR MAR26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      1186 | NC      | $3197370.31   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME PRI ALUM FUTR MAR26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -168 | NC      | $-185074.47   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME LEAD FUTURE MAR26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       340 | NC      | $139267.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME LEAD FUTURE MAR26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -48 | NC      | $-7309.92     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE MAR26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       567 | NC      | $16813.07     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME ZINC FUTURE MAR26                                        | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -80 | NC      | $-57894.95    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center  | GOLD 100 OZ FUTR FEB26                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       826 | NC      | $11593142.48  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | SOYBEAN MEAL FUTR MAR26                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      1792 | NC      | $-1539390.86  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | SOYBEAN OIL FUTR MAR26                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      2095 | NC      | $-3724292.75  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade       | KC HRW WHEAT FUT MAR26                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      1022 | NC      | $-1278414.74  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE MAR26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       468 | NC      | $5192388.42   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange        | LME NICKEL FUTURE MAR26                                      | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -66 | NC      | $-324460.44   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center  | COPPER FUTURE MAR26                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       790 | NC      | $9951510.65   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange  | LIVE CATTLE FUTR FEB26                                       | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       708 | NC      | $2091913.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange  | LEAN HOGS FUTURE FEB26                                       | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       844 | NC      | $1171441.62   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe           | LOW SU GASOIL G MAR26                                        | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |       631 | NC      | $-1231551.78  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center  | SILVER FUTURE MAR26                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       451 | NC      | $39399551.39  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange | GASOLINE RBOB FUT MAR26                                      | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       388 | NC      | $-1080739.76  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-21

**Name of Applicant:** abrdn ETFs

**Signature:** Michael Marsico

**Name of Signer:** Michael Marsico

**Title:** Treasurer