# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-25-001877
**Filing Date:** 2025-9
**Character Count:** 363923
**Document Hash:** 88eb608604ba4da7df5919e7f3b7bcdc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-001877.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0002071691-25-001877

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 251341894

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

## Series and Classes Contracts Data

### JPMorgan BetaBuilders International Equity ETF (Series ID: S000067203)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000216193 | JPMorgan BetaBuilders International Equity ETF | BBIN            |

## Nport-Ex

**JPMorgan BetaBuilders International Equity ETF**

**Schedule of Portfolio Investments as of July 31, 2025**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED EXCHANGE-TRADED FUNDS HOLDINGS" <br> LIST ("the List") IS TO BE USED FOR REPORTING PURPOSES <br> ONLY. IT IS NOT TO BE REPRODUCED FOR USE AS <br> ADVERTISING OR SALES LITERATURE WITH THE GENERAL <br> PUBLIC. The list is submitted for the general information of the <br> shareholders of the Fund. It is not authorized for distribution to <br> prospective investors in the Fund unless preceded or accompanied by a <br> prospectus. The list has been created from the books and records of <br> the Fund. Holdings are available 60 days after the fund's fiscal quarter, <br> using a trade date accounting convention, by contacting the appropriate <br> service center. The list is subject to change without notice. The list is <br> for informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2025. |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — 99.5%** | **Common Stocks — 99.5%** | **Common Stocks — 99.5%** |
| **Australia — 7.2%** | **Australia — 7.2%** | **Australia — 7.2%** |
| &nbsp;&nbsp;&nbsp; ANZ Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 910283 | &nbsp;&nbsp;&nbsp;&nbsp; 17862939 |
| &nbsp;&nbsp;&nbsp; APA Group | &nbsp;&nbsp;&nbsp;&nbsp; 395915 | &nbsp;&nbsp;&nbsp;&nbsp; 2129384 |
| &nbsp;&nbsp;&nbsp; Aristocrat Leisure Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 189647 | &nbsp;&nbsp;&nbsp;&nbsp; 8491806 |
| &nbsp;&nbsp;&nbsp; ASX Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 58753 | &nbsp;&nbsp;&nbsp;&nbsp; 2633552 |
| &nbsp;&nbsp;&nbsp; Atlas Arteria Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 306687 | &nbsp;&nbsp;&nbsp;&nbsp; 1013043 |
| &nbsp;&nbsp;&nbsp; BHP Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1466354 | &nbsp;&nbsp;&nbsp;&nbsp; 37033118 |
| &nbsp;&nbsp;&nbsp; BlueScope Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 132985 | &nbsp;&nbsp;&nbsp;&nbsp; 2016093 |
| &nbsp;&nbsp;&nbsp; Brambles Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 416631 | &nbsp;&nbsp;&nbsp;&nbsp; 6374225 |
| &nbsp;&nbsp;&nbsp; Cochlear Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 18885 | &nbsp;&nbsp;&nbsp;&nbsp; 3855430 |
| &nbsp;&nbsp;&nbsp; Coles Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 406205 | &nbsp;&nbsp;&nbsp;&nbsp; 5408200 |
| &nbsp;&nbsp;&nbsp; Commonwealth Bank of Australia | &nbsp;&nbsp;&nbsp;&nbsp; 508221 | &nbsp;&nbsp;&nbsp;&nbsp; 57698111 |
| &nbsp;&nbsp;&nbsp; Computershare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 168130 | &nbsp;&nbsp;&nbsp;&nbsp; 4525960 |
| &nbsp;&nbsp;&nbsp; Dexus, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 324803 | &nbsp;&nbsp;&nbsp;&nbsp; 1466359 |
| &nbsp;&nbsp;&nbsp; Fortescue Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 481254 | &nbsp;&nbsp;&nbsp;&nbsp; 5445034 |
| &nbsp;&nbsp;&nbsp; Glencore plc | &nbsp;&nbsp;&nbsp;&nbsp; 2967823 | &nbsp;&nbsp;&nbsp;&nbsp; 11910840 |
| &nbsp;&nbsp;&nbsp; Goodman Group, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 583237 | &nbsp;&nbsp;&nbsp;&nbsp; 13040287 |
| &nbsp;&nbsp;&nbsp; GPT Group (The), REIT | &nbsp;&nbsp;&nbsp;&nbsp; 577885 | &nbsp;&nbsp;&nbsp;&nbsp; 1882523 |
| &nbsp;&nbsp;&nbsp; Insurance Australia Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 724737 | &nbsp;&nbsp;&nbsp;&nbsp; 4068255 |
| &nbsp;&nbsp;&nbsp; Lottery Corp. Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 675527 | &nbsp;&nbsp;&nbsp;&nbsp; 2342987 |
| &nbsp;&nbsp;&nbsp; Macquarie Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 110275 | &nbsp;&nbsp;&nbsp;&nbsp; 15271482 |
| &nbsp;&nbsp;&nbsp; Medibank Pvt Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 835846 | &nbsp;&nbsp;&nbsp;&nbsp; 2731884 |
| &nbsp;&nbsp;&nbsp; Mirvac Group, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1191573 | &nbsp;&nbsp;&nbsp;&nbsp; 1709658 |
| &nbsp;&nbsp;&nbsp; National Australia Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 932977 | &nbsp;&nbsp;&nbsp;&nbsp; 23153366 |
| &nbsp;&nbsp;&nbsp; Northern Star Resources Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 435351 | &nbsp;&nbsp;&nbsp;&nbsp; 4325356 |
| &nbsp;&nbsp;&nbsp; Orica Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 147914 | &nbsp;&nbsp;&nbsp;&nbsp; 2019922 |
| &nbsp;&nbsp;&nbsp; Origin Energy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 522858 | &nbsp;&nbsp;&nbsp;&nbsp; 3909834 |
| &nbsp;&nbsp;&nbsp; Pro Medicus Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 16707 | &nbsp;&nbsp;&nbsp;&nbsp; 3430859 |
| &nbsp;&nbsp;&nbsp; Qantas Airways Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 223904 | &nbsp;&nbsp;&nbsp;&nbsp; 1552851 |
| &nbsp;&nbsp;&nbsp; QBE Insurance Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 458292 | &nbsp;&nbsp;&nbsp;&nbsp; 6798405 |
| &nbsp;&nbsp;&nbsp; Ramsay Health Care Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 56194 | &nbsp;&nbsp;&nbsp;&nbsp; 1391065 |
| &nbsp;&nbsp;&nbsp; REA Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 15477 | &nbsp;&nbsp;&nbsp;&nbsp; 2357627 |
| &nbsp;&nbsp;&nbsp; Reece Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 105310 | &nbsp;&nbsp;&nbsp;&nbsp; 911834 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 112664 | &nbsp;&nbsp;&nbsp;&nbsp; 8012434 |
| &nbsp;&nbsp;&nbsp; Rio Tinto plc | &nbsp;&nbsp;&nbsp;&nbsp; 324305 | &nbsp;&nbsp;&nbsp;&nbsp; 19315424 |
| &nbsp;&nbsp;&nbsp; Santos Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 934450 | &nbsp;&nbsp;&nbsp;&nbsp; 4702049 |
| &nbsp;&nbsp;&nbsp; Scentre Group, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1575291 | &nbsp;&nbsp;&nbsp;&nbsp; 3770048 |
| &nbsp;&nbsp;&nbsp; SEEK Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 97997 | &nbsp;&nbsp;&nbsp;&nbsp; 1511671 |
| &nbsp;&nbsp;&nbsp; SGH Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 60527 | &nbsp;&nbsp;&nbsp;&nbsp; 1979678 |
| &nbsp;&nbsp;&nbsp; Sigma Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1688705 | &nbsp;&nbsp;&nbsp;&nbsp; 3119235 |
| &nbsp;&nbsp;&nbsp; Sonic Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 141138 | &nbsp;&nbsp;&nbsp;&nbsp; 2492335 |
| &nbsp;&nbsp;&nbsp; South32 Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1374639 | &nbsp;&nbsp;&nbsp;&nbsp; 2570631 |
| &nbsp;&nbsp;&nbsp; Stockland, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 723787 | &nbsp;&nbsp;&nbsp;&nbsp; 2566034 |
| &nbsp;&nbsp;&nbsp; Suncorp Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 328123 | &nbsp;&nbsp;&nbsp;&nbsp; 4398414 |
| &nbsp;&nbsp;&nbsp; Telstra Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1227377 | &nbsp;&nbsp;&nbsp;&nbsp; 3911750 |
| &nbsp;&nbsp;&nbsp; TPG Telecom Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 128192 | &nbsp;&nbsp;&nbsp;&nbsp; 454696 |
| &nbsp;&nbsp;&nbsp; Transurban Group | &nbsp;&nbsp;&nbsp;&nbsp; 937292 | &nbsp;&nbsp;&nbsp;&nbsp; 8294870 |
| &nbsp;&nbsp;&nbsp; Vicinity Ltd., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1094264 | &nbsp;&nbsp;&nbsp;&nbsp; 1722919 |
| &nbsp;&nbsp;&nbsp; Washington H Soul Pattinson & Co. Ltd. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 75449 | &nbsp;&nbsp;&nbsp;&nbsp; 1960169 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Australia — continued** | **Australia — continued** | **Australia — continued** |
| &nbsp;&nbsp;&nbsp; Wesfarmers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 344409 | &nbsp;&nbsp;&nbsp;&nbsp; 18839017 |
| &nbsp;&nbsp;&nbsp; Westpac Banking Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1043507 | &nbsp;&nbsp;&nbsp;&nbsp; 22529461 |
| &nbsp;&nbsp;&nbsp; WiseTech Global Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 52401 | &nbsp;&nbsp;&nbsp;&nbsp; 3968860 |
| &nbsp;&nbsp;&nbsp; Woodside Energy Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 576275 | &nbsp;&nbsp;&nbsp;&nbsp; 9751951 |
| &nbsp;&nbsp;&nbsp; Woolworths Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 370753 | &nbsp;&nbsp;&nbsp;&nbsp; 7484798 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 392118733 |
| **Austria — 0.4%** | **Austria — 0.4%** | **Austria — 0.4%** |
| &nbsp;&nbsp;&nbsp; ANDRITZ AG | &nbsp;&nbsp;&nbsp;&nbsp; 19589 | &nbsp;&nbsp;&nbsp;&nbsp; 1363218 |
| &nbsp;&nbsp;&nbsp; BAWAG Group AG (b) | &nbsp;&nbsp;&nbsp;&nbsp; 22993 | &nbsp;&nbsp;&nbsp;&nbsp; 2901891 |
| &nbsp;&nbsp;&nbsp; Erste Group Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 90705 | &nbsp;&nbsp;&nbsp;&nbsp; 8294426 |
| &nbsp;&nbsp;&nbsp; Mondi plc | &nbsp;&nbsp;&nbsp;&nbsp; 133970 | &nbsp;&nbsp;&nbsp;&nbsp; 1811038 |
| &nbsp;&nbsp;&nbsp; OMV AG | &nbsp;&nbsp;&nbsp;&nbsp; 43288 | &nbsp;&nbsp;&nbsp;&nbsp; 2204589 |
| &nbsp;&nbsp;&nbsp; Raiffeisen Bank International AG | &nbsp;&nbsp;&nbsp;&nbsp; 44655 | &nbsp;&nbsp;&nbsp;&nbsp; 1289388 |
| &nbsp;&nbsp;&nbsp; Telekom Austria AG | &nbsp;&nbsp;&nbsp;&nbsp; 26268 | &nbsp;&nbsp;&nbsp;&nbsp; 278786 |
| &nbsp;&nbsp;&nbsp; Verbund AG | &nbsp;&nbsp;&nbsp;&nbsp; 20718 | &nbsp;&nbsp;&nbsp;&nbsp; 1542653 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19685989 |
| **Belgium — 0.9%** | **Belgium — 0.9%** | **Belgium — 0.9%** |
| &nbsp;&nbsp;&nbsp; Ackermans & van Haaren NV | &nbsp;&nbsp;&nbsp;&nbsp; 6610 | &nbsp;&nbsp;&nbsp;&nbsp; 1621410 |
| &nbsp;&nbsp;&nbsp; Ageas SA | &nbsp;&nbsp;&nbsp;&nbsp; 51577 | &nbsp;&nbsp;&nbsp;&nbsp; 3506839 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev SA | &nbsp;&nbsp;&nbsp;&nbsp; 296871 | &nbsp;&nbsp;&nbsp;&nbsp; 17067911 |
| &nbsp;&nbsp;&nbsp; Colruyt Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 9427 | &nbsp;&nbsp;&nbsp;&nbsp; 402692 |
| &nbsp;&nbsp;&nbsp; D'ieteren Group | &nbsp;&nbsp;&nbsp;&nbsp; 6169 | &nbsp;&nbsp;&nbsp;&nbsp; 1218583 |
| &nbsp;&nbsp;&nbsp; Elia Group SA/NV | &nbsp;&nbsp;&nbsp;&nbsp; 12898 | &nbsp;&nbsp;&nbsp;&nbsp; 1488085 |
| &nbsp;&nbsp;&nbsp; Groupe Bruxelles Lambert NV | &nbsp;&nbsp;&nbsp;&nbsp; 24515 | &nbsp;&nbsp;&nbsp;&nbsp; 2049457 |
| &nbsp;&nbsp;&nbsp; KBC Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 75946 | &nbsp;&nbsp;&nbsp;&nbsp; 7921473 |
| &nbsp;&nbsp;&nbsp; Lotus Bakeries NV | &nbsp;&nbsp;&nbsp;&nbsp; 122 | &nbsp;&nbsp;&nbsp;&nbsp; 1031439 |
| &nbsp;&nbsp;&nbsp; Sofina SA | &nbsp;&nbsp;&nbsp;&nbsp; 4288 | &nbsp;&nbsp;&nbsp;&nbsp; 1313081 |
| &nbsp;&nbsp;&nbsp; Syensqo SA | &nbsp;&nbsp;&nbsp;&nbsp; 21440 | &nbsp;&nbsp;&nbsp;&nbsp; 1699246 |
| &nbsp;&nbsp;&nbsp; UCB SA | &nbsp;&nbsp;&nbsp;&nbsp; 36506 | &nbsp;&nbsp;&nbsp;&nbsp; 7843501 |
| &nbsp;&nbsp;&nbsp; Warehouses De Pauw CVA, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 53671 | &nbsp;&nbsp;&nbsp;&nbsp; 1252476 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 48416193 |
| **Brazil — 0.0% ^** | **Brazil — 0.0% ^** | **Brazil — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Yara International ASA | &nbsp;&nbsp;&nbsp;&nbsp; 49074 | &nbsp;&nbsp;&nbsp;&nbsp; 1814126 |
| **Chile — 0.0% ^** | **Chile — 0.0% ^** | **Chile — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Antofagasta plc | &nbsp;&nbsp;&nbsp;&nbsp; 105022 | &nbsp;&nbsp;&nbsp;&nbsp; 2590013 |
| **China — 0.5%** | **China — 0.5%** | **China — 0.5%** |
| &nbsp;&nbsp;&nbsp; Budweiser Brewing Co. APAC Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 514900 | &nbsp;&nbsp;&nbsp;&nbsp; 540513 |
| &nbsp;&nbsp;&nbsp; Prosus NV | &nbsp;&nbsp;&nbsp;&nbsp; 382014 | &nbsp;&nbsp;&nbsp;&nbsp; 21822858 |
| &nbsp;&nbsp;&nbsp; Wharf Holdings Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 293000 | &nbsp;&nbsp;&nbsp;&nbsp; 834210 |
| &nbsp;&nbsp;&nbsp; Wilmar International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 548400 | &nbsp;&nbsp;&nbsp;&nbsp; 1241226 |
| &nbsp;&nbsp;&nbsp; Wuxi Biologics Cayman, Inc. \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 1061000 | &nbsp;&nbsp;&nbsp;&nbsp; 4314061 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 28752868 |
| **Denmark — 1.9%** | **Denmark — 1.9%** | **Denmark — 1.9%** |
| &nbsp;&nbsp;&nbsp; AP Moller - Maersk A/S, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 807 | &nbsp;&nbsp;&nbsp;&nbsp; 1583472 |
| &nbsp;&nbsp;&nbsp; AP Moller - Maersk A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1218 | &nbsp;&nbsp;&nbsp;&nbsp; 2405260 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Denmark — continued** | **Denmark — continued** | **Denmark — continued** |
| &nbsp;&nbsp;&nbsp; Carlsberg A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 28028 | &nbsp;&nbsp;&nbsp;&nbsp; 3494175 |
| &nbsp;&nbsp;&nbsp; Coloplast A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 43716 | &nbsp;&nbsp;&nbsp;&nbsp; 3992671 |
| &nbsp;&nbsp;&nbsp; Danske Bank A/S | &nbsp;&nbsp;&nbsp;&nbsp; 197925 | &nbsp;&nbsp;&nbsp;&nbsp; 7851977 |
| &nbsp;&nbsp;&nbsp; DSV A/S | &nbsp;&nbsp;&nbsp;&nbsp; 58003 | &nbsp;&nbsp;&nbsp;&nbsp; 12997603 |
| &nbsp;&nbsp;&nbsp; Genmab A/S \* | &nbsp;&nbsp;&nbsp;&nbsp; 18888 | &nbsp;&nbsp;&nbsp;&nbsp; 4066538 |
| &nbsp;&nbsp;&nbsp; Novo Nordisk A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 964025 | &nbsp;&nbsp;&nbsp;&nbsp; 44834879 |
| &nbsp;&nbsp;&nbsp; Novonesis Novozymes B | &nbsp;&nbsp;&nbsp;&nbsp; 104932 | &nbsp;&nbsp;&nbsp;&nbsp; 6788846 |
| &nbsp;&nbsp;&nbsp; Orsted A/S \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 44400 | &nbsp;&nbsp;&nbsp;&nbsp; 2092639 |
| &nbsp;&nbsp;&nbsp; Pandora A/S | &nbsp;&nbsp;&nbsp;&nbsp; 23717 | &nbsp;&nbsp;&nbsp;&nbsp; 3915574 |
| &nbsp;&nbsp;&nbsp; Tryg A/S | &nbsp;&nbsp;&nbsp;&nbsp; 93705 | &nbsp;&nbsp;&nbsp;&nbsp; 2260345 |
| &nbsp;&nbsp;&nbsp; Vestas Wind Systems A/S | &nbsp;&nbsp;&nbsp;&nbsp; 304494 | &nbsp;&nbsp;&nbsp;&nbsp; 5559479 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 101843458 |
| **Finland — 1.1%** | **Finland — 1.1%** | **Finland — 1.1%** |
| &nbsp;&nbsp;&nbsp; Elisa OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 43567 | &nbsp;&nbsp;&nbsp;&nbsp; 2241641 |
| &nbsp;&nbsp;&nbsp; Fortum OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 132621 | &nbsp;&nbsp;&nbsp;&nbsp; 2433031 |
| &nbsp;&nbsp;&nbsp; Kesko OYJ, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 26295 | &nbsp;&nbsp;&nbsp;&nbsp; 572387 |
| &nbsp;&nbsp;&nbsp; Kesko OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 81533 | &nbsp;&nbsp;&nbsp;&nbsp; 1773296 |
| &nbsp;&nbsp;&nbsp; Kone OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 107617 | &nbsp;&nbsp;&nbsp;&nbsp; 6608597 |
| &nbsp;&nbsp;&nbsp; Metso OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 213174 | &nbsp;&nbsp;&nbsp;&nbsp; 2677315 |
| &nbsp;&nbsp;&nbsp; Neste OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 129211 | &nbsp;&nbsp;&nbsp;&nbsp; 2039291 |
| &nbsp;&nbsp;&nbsp; Nokia OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 1531611 | &nbsp;&nbsp;&nbsp;&nbsp; 6241849 |
| &nbsp;&nbsp;&nbsp; Nordea Bank Abp | &nbsp;&nbsp;&nbsp;&nbsp; 916500 | &nbsp;&nbsp;&nbsp;&nbsp; 13381552 |
| &nbsp;&nbsp;&nbsp; Orion OYJ, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 8172 | &nbsp;&nbsp;&nbsp;&nbsp; 648611 |
| &nbsp;&nbsp;&nbsp; Orion OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 32416 | &nbsp;&nbsp;&nbsp;&nbsp; 2595186 |
| &nbsp;&nbsp;&nbsp; Sampo OYJ, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 767031 | &nbsp;&nbsp;&nbsp;&nbsp; 8233070 |
| &nbsp;&nbsp;&nbsp; Stora Enso OYJ, Class R (a) | &nbsp;&nbsp;&nbsp;&nbsp; 178276 | &nbsp;&nbsp;&nbsp;&nbsp; 1834369 |
| &nbsp;&nbsp;&nbsp; UPM-Kymmene OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 160045 | &nbsp;&nbsp;&nbsp;&nbsp; 4148011 |
| &nbsp;&nbsp;&nbsp; Wartsila OYJ Abp | &nbsp;&nbsp;&nbsp;&nbsp; 146949 | &nbsp;&nbsp;&nbsp;&nbsp; 4059971 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 59488177 |
| **France — 9.0%** | **France — 9.0%** | **France — 9.0%** |
| &nbsp;&nbsp;&nbsp; Aeroports de Paris SA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 10887 | &nbsp;&nbsp;&nbsp;&nbsp; 1321405 |
| &nbsp;&nbsp;&nbsp; Air Liquide SA | &nbsp;&nbsp;&nbsp;&nbsp; 174397 | &nbsp;&nbsp;&nbsp;&nbsp; 34310268 |
| &nbsp;&nbsp;&nbsp; Airbus SE | &nbsp;&nbsp;&nbsp;&nbsp; 177735 | &nbsp;&nbsp;&nbsp;&nbsp; 35734538 |
| &nbsp;&nbsp;&nbsp; Amundi SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 18788 | &nbsp;&nbsp;&nbsp;&nbsp; 1388443 |
| &nbsp;&nbsp;&nbsp; AXA SA | &nbsp;&nbsp;&nbsp;&nbsp; 533314 | &nbsp;&nbsp;&nbsp;&nbsp; 25902637 |
| &nbsp;&nbsp;&nbsp; BioMerieux | &nbsp;&nbsp;&nbsp;&nbsp; 13593 | &nbsp;&nbsp;&nbsp;&nbsp; 1944945 |
| &nbsp;&nbsp;&nbsp; BNP Paribas SA | &nbsp;&nbsp;&nbsp;&nbsp; 314373 | &nbsp;&nbsp;&nbsp;&nbsp; 28663990 |
| &nbsp;&nbsp;&nbsp; Bollore SE | &nbsp;&nbsp;&nbsp;&nbsp; 209740 | &nbsp;&nbsp;&nbsp;&nbsp; 1209795 |
| &nbsp;&nbsp;&nbsp; Bouygues SA | &nbsp;&nbsp;&nbsp;&nbsp; 56481 | &nbsp;&nbsp;&nbsp;&nbsp; 2325694 |
| &nbsp;&nbsp;&nbsp; Bureau Veritas SA | &nbsp;&nbsp;&nbsp;&nbsp; 94708 | &nbsp;&nbsp;&nbsp;&nbsp; 2916639 |
| &nbsp;&nbsp;&nbsp; Capgemini SE | &nbsp;&nbsp;&nbsp;&nbsp; 51528 | &nbsp;&nbsp;&nbsp;&nbsp; 7671307 |
| &nbsp;&nbsp;&nbsp; Cie de Saint-Gobain SA | &nbsp;&nbsp;&nbsp;&nbsp; 137566 | &nbsp;&nbsp;&nbsp;&nbsp; 15781180 |
| &nbsp;&nbsp;&nbsp; Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;&nbsp;&nbsp; 205188 | &nbsp;&nbsp;&nbsp;&nbsp; 7299872 |
| &nbsp;&nbsp;&nbsp; Credit Agricole SA | &nbsp;&nbsp;&nbsp;&nbsp; 342599 | &nbsp;&nbsp;&nbsp;&nbsp; 6305375 |
| &nbsp;&nbsp;&nbsp; Danone SA | &nbsp;&nbsp;&nbsp;&nbsp; 194807 | &nbsp;&nbsp;&nbsp;&nbsp; 15942404 |
| &nbsp;&nbsp;&nbsp; Dassault Aviation SA | &nbsp;&nbsp;&nbsp;&nbsp; 5432 | &nbsp;&nbsp;&nbsp;&nbsp; 1691293 |
| &nbsp;&nbsp;&nbsp; Dassault Systemes SE | &nbsp;&nbsp;&nbsp;&nbsp; 201935 | &nbsp;&nbsp;&nbsp;&nbsp; 6633819 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **France — continued** | **France — continued** | **France — continued** |
| &nbsp;&nbsp;&nbsp; Engie SA | &nbsp;&nbsp;&nbsp;&nbsp; 532076 | &nbsp;&nbsp;&nbsp;&nbsp; 11960131 |
| &nbsp;&nbsp;&nbsp; EssilorLuxottica SA | &nbsp;&nbsp;&nbsp;&nbsp; 87246 | &nbsp;&nbsp;&nbsp;&nbsp; 25942995 |
| &nbsp;&nbsp;&nbsp; Hermes International SCA | &nbsp;&nbsp;&nbsp;&nbsp; 10299 | &nbsp;&nbsp;&nbsp;&nbsp; 25186101 |
| &nbsp;&nbsp;&nbsp; Kering SA | &nbsp;&nbsp;&nbsp;&nbsp; 21354 | &nbsp;&nbsp;&nbsp;&nbsp; 5243379 |
| &nbsp;&nbsp;&nbsp; Legrand SA | &nbsp;&nbsp;&nbsp;&nbsp; 79219 | &nbsp;&nbsp;&nbsp;&nbsp; 11701189 |
| &nbsp;&nbsp;&nbsp; L'Oreal SA | &nbsp;&nbsp;&nbsp;&nbsp; 73370 | &nbsp;&nbsp;&nbsp;&nbsp; 32465018 |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp; 78073 | &nbsp;&nbsp;&nbsp;&nbsp; 41910529 |
| &nbsp;&nbsp;&nbsp; Orange SA | &nbsp;&nbsp;&nbsp;&nbsp; 555368 | &nbsp;&nbsp;&nbsp;&nbsp; 8447748 |
| &nbsp;&nbsp;&nbsp; Pernod Ricard SA | &nbsp;&nbsp;&nbsp;&nbsp; 59751 | &nbsp;&nbsp;&nbsp;&nbsp; 6140541 |
| &nbsp;&nbsp;&nbsp; Publicis Groupe SA | &nbsp;&nbsp;&nbsp;&nbsp; 68957 | &nbsp;&nbsp;&nbsp;&nbsp; 6301412 |
| &nbsp;&nbsp;&nbsp; Safran SA | &nbsp;&nbsp;&nbsp;&nbsp; 105504 | &nbsp;&nbsp;&nbsp;&nbsp; 34790095 |
| &nbsp;&nbsp;&nbsp; Sartorius Stedim Biotech | &nbsp;&nbsp;&nbsp;&nbsp; 7759 | &nbsp;&nbsp;&nbsp;&nbsp; 1550486 |
| &nbsp;&nbsp;&nbsp; Societe Generale SA | &nbsp;&nbsp;&nbsp;&nbsp; 212329 | &nbsp;&nbsp;&nbsp;&nbsp; 13552657 |
| &nbsp;&nbsp;&nbsp; Thales SA | &nbsp;&nbsp;&nbsp;&nbsp; 27384 | &nbsp;&nbsp;&nbsp;&nbsp; 7366131 |
| &nbsp;&nbsp;&nbsp; TotalEnergies SE | &nbsp;&nbsp;&nbsp;&nbsp; 619620 | &nbsp;&nbsp;&nbsp;&nbsp; 36846015 |
| &nbsp;&nbsp;&nbsp; Veolia Environnement SA | &nbsp;&nbsp;&nbsp;&nbsp; 192865 | &nbsp;&nbsp;&nbsp;&nbsp; 6536019 |
| &nbsp;&nbsp;&nbsp; Vinci SA | &nbsp;&nbsp;&nbsp;&nbsp; 152475 | &nbsp;&nbsp;&nbsp;&nbsp; 21180132 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 494164182 |
| **Germany — 9.8%** | **Germany — 9.8%** | **Germany — 9.8%** |
| &nbsp;&nbsp;&nbsp; adidas AG | &nbsp;&nbsp;&nbsp;&nbsp; 54191 | &nbsp;&nbsp;&nbsp;&nbsp; 10357474 |
| &nbsp;&nbsp;&nbsp; Allianz SE (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 117202 | &nbsp;&nbsp;&nbsp;&nbsp; 46315658 |
| &nbsp;&nbsp;&nbsp; BASF SE | &nbsp;&nbsp;&nbsp;&nbsp; 270883 | &nbsp;&nbsp;&nbsp;&nbsp; 13275817 |
| &nbsp;&nbsp;&nbsp; Bayer AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 278190 | &nbsp;&nbsp;&nbsp;&nbsp; 8652198 |
| &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp; 85478 | &nbsp;&nbsp;&nbsp;&nbsp; 8133360 |
| &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 16862 | &nbsp;&nbsp;&nbsp;&nbsp; 1474168 |
| &nbsp;&nbsp;&nbsp; Beiersdorf AG | &nbsp;&nbsp;&nbsp;&nbsp; 29198 | &nbsp;&nbsp;&nbsp;&nbsp; 3628210 |
| &nbsp;&nbsp;&nbsp; BioNTech SE, ADR \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 28528 | &nbsp;&nbsp;&nbsp;&nbsp; 3066760 |
| &nbsp;&nbsp;&nbsp; Commerzbank AG | &nbsp;&nbsp;&nbsp;&nbsp; 264518 | &nbsp;&nbsp;&nbsp;&nbsp; 9645878 |
| &nbsp;&nbsp;&nbsp; Continental AG | &nbsp;&nbsp;&nbsp;&nbsp; 32779 | &nbsp;&nbsp;&nbsp;&nbsp; 2799677 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 141650 | &nbsp;&nbsp;&nbsp;&nbsp; 6890607 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 542189 | &nbsp;&nbsp;&nbsp;&nbsp; 17857829 |
| &nbsp;&nbsp;&nbsp; Deutsche Boerse AG | &nbsp;&nbsp;&nbsp;&nbsp; 55764 | &nbsp;&nbsp;&nbsp;&nbsp; 16137400 |
| &nbsp;&nbsp;&nbsp; Deutsche Post AG | &nbsp;&nbsp;&nbsp;&nbsp; 288053 | &nbsp;&nbsp;&nbsp;&nbsp; 12906428 |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 1009870 | &nbsp;&nbsp;&nbsp;&nbsp; 36219919 |
| &nbsp;&nbsp;&nbsp; Dr Ing hc F Porsche AG (Preference) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 33286 | &nbsp;&nbsp;&nbsp;&nbsp; 1687817 |
| &nbsp;&nbsp;&nbsp; E.ON SE | &nbsp;&nbsp;&nbsp;&nbsp; 671833 | &nbsp;&nbsp;&nbsp;&nbsp; 12256418 |
| &nbsp;&nbsp;&nbsp; Fresenius SE & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp; 124789 | &nbsp;&nbsp;&nbsp;&nbsp; 5956265 |
| &nbsp;&nbsp;&nbsp; Hannover Rueck SE | &nbsp;&nbsp;&nbsp;&nbsp; 18228 | &nbsp;&nbsp;&nbsp;&nbsp; 5529348 |
| &nbsp;&nbsp;&nbsp; Heidelberg Materials AG | &nbsp;&nbsp;&nbsp;&nbsp; 38829 | &nbsp;&nbsp;&nbsp;&nbsp; 8957647 |
| &nbsp;&nbsp;&nbsp; Henkel AG & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp; 29236 | &nbsp;&nbsp;&nbsp;&nbsp; 2078982 |
| &nbsp;&nbsp;&nbsp; Henkel AG & Co. KGaA (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 49417 | &nbsp;&nbsp;&nbsp;&nbsp; 3808032 |
| &nbsp;&nbsp;&nbsp; Infineon Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp; 383820 | &nbsp;&nbsp;&nbsp;&nbsp; 15077664 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 211875 | &nbsp;&nbsp;&nbsp;&nbsp; 11996422 |
| &nbsp;&nbsp;&nbsp; Merck KGaA | &nbsp;&nbsp;&nbsp;&nbsp; 39224 | &nbsp;&nbsp;&nbsp;&nbsp; 4902390 |
| &nbsp;&nbsp;&nbsp; MTU Aero Engines AG | &nbsp;&nbsp;&nbsp;&nbsp; 15303 | &nbsp;&nbsp;&nbsp;&nbsp; 6601083 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 39882 | &nbsp;&nbsp;&nbsp;&nbsp; 26109590 |
| &nbsp;&nbsp;&nbsp; Rheinmetall AG | &nbsp;&nbsp;&nbsp;&nbsp; 13167 | &nbsp;&nbsp;&nbsp;&nbsp; 26064055 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Germany — continued** | **Germany — continued** | **Germany — continued** |
| &nbsp;&nbsp;&nbsp; RWE AG | &nbsp;&nbsp;&nbsp;&nbsp; 205201 | &nbsp;&nbsp;&nbsp;&nbsp; 8418420 |
| &nbsp;&nbsp;&nbsp; SAP SE | &nbsp;&nbsp;&nbsp;&nbsp; 311906 | &nbsp;&nbsp;&nbsp;&nbsp; 89191329 |
| &nbsp;&nbsp;&nbsp; Sartorius AG (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 7566 | &nbsp;&nbsp;&nbsp;&nbsp; 1611195 |
| &nbsp;&nbsp;&nbsp; Siemens AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 223208 | &nbsp;&nbsp;&nbsp;&nbsp; 56851830 |
| &nbsp;&nbsp;&nbsp; Siemens Energy AG \* | &nbsp;&nbsp;&nbsp;&nbsp; 204127 | &nbsp;&nbsp;&nbsp;&nbsp; 23633574 |
| &nbsp;&nbsp;&nbsp; Siemens Healthineers AG (b) | &nbsp;&nbsp;&nbsp;&nbsp; 81876 | &nbsp;&nbsp;&nbsp;&nbsp; 4410058 |
| &nbsp;&nbsp;&nbsp; Symrise AG | &nbsp;&nbsp;&nbsp;&nbsp; 38095 | &nbsp;&nbsp;&nbsp;&nbsp; 3453209 |
| &nbsp;&nbsp;&nbsp; Talanx AG | &nbsp;&nbsp;&nbsp;&nbsp; 18261 | &nbsp;&nbsp;&nbsp;&nbsp; 2420444 |
| &nbsp;&nbsp;&nbsp; Volkswagen AG (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 62584 | &nbsp;&nbsp;&nbsp;&nbsp; 6544148 |
| &nbsp;&nbsp;&nbsp; Vonovia SE | &nbsp;&nbsp;&nbsp;&nbsp; 249738 | &nbsp;&nbsp;&nbsp;&nbsp; 7750766 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 532672069 |
| **Hong Kong — 2.0%** | **Hong Kong — 2.0%** | **Hong Kong — 2.0%** |
| &nbsp;&nbsp;&nbsp; AIA Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3246000 | &nbsp;&nbsp;&nbsp;&nbsp; 30266263 |
| &nbsp;&nbsp;&nbsp; CK Asset Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 567500 | &nbsp;&nbsp;&nbsp;&nbsp; 2600400 |
| &nbsp;&nbsp;&nbsp; CK Infrastructure Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 185500 | &nbsp;&nbsp;&nbsp;&nbsp; 1306475 |
| &nbsp;&nbsp;&nbsp; CLP Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 549500 | &nbsp;&nbsp;&nbsp;&nbsp; 4769539 |
| &nbsp;&nbsp;&nbsp; Hang Seng Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 209600 | &nbsp;&nbsp;&nbsp;&nbsp; 3053181 |
| &nbsp;&nbsp;&nbsp; Henderson Land Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 402000 | &nbsp;&nbsp;&nbsp;&nbsp; 1406709 |
| &nbsp;&nbsp;&nbsp; HKT Trust & HKT Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1082000 | &nbsp;&nbsp;&nbsp;&nbsp; 1703693 |
| &nbsp;&nbsp;&nbsp; Hong Kong & China Gas Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3313100 | &nbsp;&nbsp;&nbsp;&nbsp; 2957151 |
| &nbsp;&nbsp;&nbsp; Hong Kong Exchanges & Clearing Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 362100 | &nbsp;&nbsp;&nbsp;&nbsp; 19596422 |
| &nbsp;&nbsp;&nbsp; Jardine Matheson Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 51400 | &nbsp;&nbsp;&nbsp;&nbsp; 2791092 |
| &nbsp;&nbsp;&nbsp; Link, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 777600 | &nbsp;&nbsp;&nbsp;&nbsp; 4332597 |
| &nbsp;&nbsp;&nbsp; MTR Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 478000 | &nbsp;&nbsp;&nbsp;&nbsp; 1719495 |
| &nbsp;&nbsp;&nbsp; Power Assets Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 414000 | &nbsp;&nbsp;&nbsp;&nbsp; 2725817 |
| &nbsp;&nbsp;&nbsp; Prudential plc | &nbsp;&nbsp;&nbsp;&nbsp; 745924 | &nbsp;&nbsp;&nbsp;&nbsp; 9462931 |
| &nbsp;&nbsp;&nbsp; Sino Land Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1102000 | &nbsp;&nbsp;&nbsp;&nbsp; 1270275 |
| &nbsp;&nbsp;&nbsp; Sun Hung Kai Properties Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 515000 | &nbsp;&nbsp;&nbsp;&nbsp; 6116899 |
| &nbsp;&nbsp;&nbsp; Swire Pacific Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 102500 | &nbsp;&nbsp;&nbsp;&nbsp; 926532 |
| &nbsp;&nbsp;&nbsp; Swire Pacific Ltd., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 217500 | &nbsp;&nbsp;&nbsp;&nbsp; 341705 |
| &nbsp;&nbsp;&nbsp; Swire Properties Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 313600 | &nbsp;&nbsp;&nbsp;&nbsp; 840514 |
| &nbsp;&nbsp;&nbsp; Techtronic Industries Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 444500 | &nbsp;&nbsp;&nbsp;&nbsp; 5315177 |
| &nbsp;&nbsp;&nbsp; WH Group Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 2366924 | &nbsp;&nbsp;&nbsp;&nbsp; 2369618 |
| &nbsp;&nbsp;&nbsp; Wharf Real Estate Investment Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 429000 | &nbsp;&nbsp;&nbsp;&nbsp; 1361995 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 107234480 |
| **Ireland — 0.1%** | **Ireland — 0.1%** | **Ireland — 0.1%** |
| &nbsp;&nbsp;&nbsp; Kerry Group plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 44533 | &nbsp;&nbsp;&nbsp;&nbsp; 4113517 |
| &nbsp;&nbsp;&nbsp; Kingspan Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 47068 | &nbsp;&nbsp;&nbsp;&nbsp; 3906266 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8019783 |
| **Israel — 0.7%** | **Israel — 0.7%** | **Israel — 0.7%** |
| &nbsp;&nbsp;&nbsp; Azrieli Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 10400 | &nbsp;&nbsp;&nbsp;&nbsp; 1021791 |
| &nbsp;&nbsp;&nbsp; Bank Hapoalim BM | &nbsp;&nbsp;&nbsp;&nbsp; 400215 | &nbsp;&nbsp;&nbsp;&nbsp; 7505264 |
| &nbsp;&nbsp;&nbsp; Bank Leumi Le-Israel BM | &nbsp;&nbsp;&nbsp;&nbsp; 454844 | &nbsp;&nbsp;&nbsp;&nbsp; 8414060 |
| &nbsp;&nbsp;&nbsp; Elbit Systems Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6974 | &nbsp;&nbsp;&nbsp;&nbsp; 3217332 |
| &nbsp;&nbsp;&nbsp; ICL Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 218051 | &nbsp;&nbsp;&nbsp;&nbsp; 1358438 |
| &nbsp;&nbsp;&nbsp; Israel Discount Bank Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 375437 | &nbsp;&nbsp;&nbsp;&nbsp; 3590504 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Israel — continued** | **Israel — continued** | **Israel — continued** |
| &nbsp;&nbsp;&nbsp; Mizrahi Tefahot Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 42497 | &nbsp;&nbsp;&nbsp;&nbsp; 2625202 |
| &nbsp;&nbsp;&nbsp; Nice Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19220 | &nbsp;&nbsp;&nbsp;&nbsp; 3000457 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Industries Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 347757 | &nbsp;&nbsp;&nbsp;&nbsp; 5449679 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 36182727 |
| **Italy — 3.3%** | **Italy — 3.3%** | **Italy — 3.3%** |
| &nbsp;&nbsp;&nbsp; A2A SpA | &nbsp;&nbsp;&nbsp;&nbsp; 472607 | &nbsp;&nbsp;&nbsp;&nbsp; 1151626 |
| &nbsp;&nbsp;&nbsp; Banca Mediolanum SpA | &nbsp;&nbsp;&nbsp;&nbsp; 63109 | &nbsp;&nbsp;&nbsp;&nbsp; 1113167 |
| &nbsp;&nbsp;&nbsp; Banco BPM SpA | &nbsp;&nbsp;&nbsp;&nbsp; 398242 | &nbsp;&nbsp;&nbsp;&nbsp; 5078846 |
| &nbsp;&nbsp;&nbsp; Coca-Cola HBC AG | &nbsp;&nbsp;&nbsp;&nbsp; 61200 | &nbsp;&nbsp;&nbsp;&nbsp; 3180699 |
| &nbsp;&nbsp;&nbsp; Davide Campari-Milano NV | &nbsp;&nbsp;&nbsp;&nbsp; 173149 | &nbsp;&nbsp;&nbsp;&nbsp; 1192622 |
| &nbsp;&nbsp;&nbsp; DiaSorin SpA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 6783 | &nbsp;&nbsp;&nbsp;&nbsp; 663141 |
| &nbsp;&nbsp;&nbsp; Enel SpA | &nbsp;&nbsp;&nbsp;&nbsp; 2355575 | &nbsp;&nbsp;&nbsp;&nbsp; 20772151 |
| &nbsp;&nbsp;&nbsp; Eni SpA | &nbsp;&nbsp;&nbsp;&nbsp; 625170 | &nbsp;&nbsp;&nbsp;&nbsp; 10669997 |
| &nbsp;&nbsp;&nbsp; Ferrari NV | &nbsp;&nbsp;&nbsp;&nbsp; 37104 | &nbsp;&nbsp;&nbsp;&nbsp; 16270390 |
| &nbsp;&nbsp;&nbsp; FinecoBank Banca Fineco SpA | &nbsp;&nbsp;&nbsp;&nbsp; 185299 | &nbsp;&nbsp;&nbsp;&nbsp; 3945763 |
| &nbsp;&nbsp;&nbsp; Generali | &nbsp;&nbsp;&nbsp;&nbsp; 274745 | &nbsp;&nbsp;&nbsp;&nbsp; 10249587 |
| &nbsp;&nbsp;&nbsp; Hera SpA | &nbsp;&nbsp;&nbsp;&nbsp; 274235 | &nbsp;&nbsp;&nbsp;&nbsp; 1173442 |
| &nbsp;&nbsp;&nbsp; Infrastrutture Wireless Italiane SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 95368 | &nbsp;&nbsp;&nbsp;&nbsp; 1127470 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA | &nbsp;&nbsp;&nbsp;&nbsp; 4753276 | &nbsp;&nbsp;&nbsp;&nbsp; 28639756 |
| &nbsp;&nbsp;&nbsp; Leonardo SpA | &nbsp;&nbsp;&nbsp;&nbsp; 121527 | &nbsp;&nbsp;&nbsp;&nbsp; 6550688 |
| &nbsp;&nbsp;&nbsp; Mediobanca Banca di Credito Finanziario SpA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 174169 | &nbsp;&nbsp;&nbsp;&nbsp; 3834569 |
| &nbsp;&nbsp;&nbsp; Moncler SpA | &nbsp;&nbsp;&nbsp;&nbsp; 65016 | &nbsp;&nbsp;&nbsp;&nbsp; 3467474 |
| &nbsp;&nbsp;&nbsp; Nexi SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 149649 | &nbsp;&nbsp;&nbsp;&nbsp; 854532 |
| &nbsp;&nbsp;&nbsp; Pirelli & C SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 110522 | &nbsp;&nbsp;&nbsp;&nbsp; 745070 |
| &nbsp;&nbsp;&nbsp; Poste Italiane SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 139180 | &nbsp;&nbsp;&nbsp;&nbsp; 3006973 |
| &nbsp;&nbsp;&nbsp; Prysmian SpA | &nbsp;&nbsp;&nbsp;&nbsp; 86344 | &nbsp;&nbsp;&nbsp;&nbsp; 6895735 |
| &nbsp;&nbsp;&nbsp; Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;&nbsp; 29353 | &nbsp;&nbsp;&nbsp;&nbsp; 1683505 |
| &nbsp;&nbsp;&nbsp; Snam SpA | &nbsp;&nbsp;&nbsp;&nbsp; 651243 | &nbsp;&nbsp;&nbsp;&nbsp; 3774129 |
| &nbsp;&nbsp;&nbsp; Telecom Italia SpA \* | &nbsp;&nbsp;&nbsp;&nbsp; 3746949 | &nbsp;&nbsp;&nbsp;&nbsp; 1721846 |
| &nbsp;&nbsp;&nbsp; Telecom Italia SpA \* | &nbsp;&nbsp;&nbsp;&nbsp; 1833263 | &nbsp;&nbsp;&nbsp;&nbsp; 944089 |
| &nbsp;&nbsp;&nbsp; Terna - Rete Elettrica Nazionale | &nbsp;&nbsp;&nbsp;&nbsp; 426739 | &nbsp;&nbsp;&nbsp;&nbsp; 4129107 |
| &nbsp;&nbsp;&nbsp; UniCredit SpA | &nbsp;&nbsp;&nbsp;&nbsp; 472757 | &nbsp;&nbsp;&nbsp;&nbsp; 34782550 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 177618924 |
| **Japan — 23.5%** | **Japan — 23.5%** | **Japan — 23.5%** |
| &nbsp;&nbsp;&nbsp; Advantest Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 223600 | &nbsp;&nbsp;&nbsp;&nbsp; 14869208 |
| &nbsp;&nbsp;&nbsp; Aeon Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 267200 | &nbsp;&nbsp;&nbsp;&nbsp; 8535132 |
| &nbsp;&nbsp;&nbsp; AGC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 64400 | &nbsp;&nbsp;&nbsp;&nbsp; 1938097 |
| &nbsp;&nbsp;&nbsp; Aisin Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 174000 | &nbsp;&nbsp;&nbsp;&nbsp; 2404684 |
| &nbsp;&nbsp;&nbsp; Ajinomoto Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 289000 | &nbsp;&nbsp;&nbsp;&nbsp; 7645911 |
| &nbsp;&nbsp;&nbsp; ANA Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 46700 | &nbsp;&nbsp;&nbsp;&nbsp; 865938 |
| &nbsp;&nbsp;&nbsp; Asahi Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 456100 | &nbsp;&nbsp;&nbsp;&nbsp; 5786121 |
| &nbsp;&nbsp;&nbsp; Asahi Kasei Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 412200 | &nbsp;&nbsp;&nbsp;&nbsp; 2867988 |
| &nbsp;&nbsp;&nbsp; Asics Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 216400 | &nbsp;&nbsp;&nbsp;&nbsp; 5087412 |
| &nbsp;&nbsp;&nbsp; Astellas Pharma, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 545300 | &nbsp;&nbsp;&nbsp;&nbsp; 5654010 |
| &nbsp;&nbsp;&nbsp; Bandai Namco Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 197600 | &nbsp;&nbsp;&nbsp;&nbsp; 6389776 |
| &nbsp;&nbsp;&nbsp; Bridgestone Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 177900 | &nbsp;&nbsp;&nbsp;&nbsp; 7196090 |
| &nbsp;&nbsp;&nbsp; Canon, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 280600 | &nbsp;&nbsp;&nbsp;&nbsp; 7969782 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; Capcom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 100700 | &nbsp;&nbsp;&nbsp;&nbsp; 2563392 |
| &nbsp;&nbsp;&nbsp; Central Japan Railway Co. | &nbsp;&nbsp;&nbsp;&nbsp; 298600 | &nbsp;&nbsp;&nbsp;&nbsp; 6961018 |
| &nbsp;&nbsp;&nbsp; Chiba Bank Ltd. (The) (a) | &nbsp;&nbsp;&nbsp;&nbsp; 214700 | &nbsp;&nbsp;&nbsp;&nbsp; 2001156 |
| &nbsp;&nbsp;&nbsp; Chubu Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 229400 | &nbsp;&nbsp;&nbsp;&nbsp; 2805733 |
| &nbsp;&nbsp;&nbsp; Chugai Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 200200 | &nbsp;&nbsp;&nbsp;&nbsp; 9596977 |
| &nbsp;&nbsp;&nbsp; Concordia Financial Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 346400 | &nbsp;&nbsp;&nbsp;&nbsp; 2297059 |
| &nbsp;&nbsp;&nbsp; Dai Nippon Printing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 137000 | &nbsp;&nbsp;&nbsp;&nbsp; 2109728 |
| &nbsp;&nbsp;&nbsp; Daifuku Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 108600 | &nbsp;&nbsp;&nbsp;&nbsp; 2749341 |
| &nbsp;&nbsp;&nbsp; Dai-ichi Life Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1117200 | &nbsp;&nbsp;&nbsp;&nbsp; 8839490 |
| &nbsp;&nbsp;&nbsp; Daiichi Sankyo Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 567400 | &nbsp;&nbsp;&nbsp;&nbsp; 13919417 |
| &nbsp;&nbsp;&nbsp; Daikin Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 88800 | &nbsp;&nbsp;&nbsp;&nbsp; 10918479 |
| &nbsp;&nbsp;&nbsp; Daito Trust Construction Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 18900 | &nbsp;&nbsp;&nbsp;&nbsp; 1934939 |
| &nbsp;&nbsp;&nbsp; Daiwa House Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 187600 | &nbsp;&nbsp;&nbsp;&nbsp; 6202231 |
| &nbsp;&nbsp;&nbsp; Daiwa Securities Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 425200 | &nbsp;&nbsp;&nbsp;&nbsp; 2960182 |
| &nbsp;&nbsp;&nbsp; Denso Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 588200 | &nbsp;&nbsp;&nbsp;&nbsp; 7980360 |
| &nbsp;&nbsp;&nbsp; Dentsu Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 68400 | &nbsp;&nbsp;&nbsp;&nbsp; 1348889 |
| &nbsp;&nbsp;&nbsp; Disco Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27800 | &nbsp;&nbsp;&nbsp;&nbsp; 8215643 |
| &nbsp;&nbsp;&nbsp; East Japan Railway Co. | &nbsp;&nbsp;&nbsp;&nbsp; 330900 | &nbsp;&nbsp;&nbsp;&nbsp; 7092571 |
| &nbsp;&nbsp;&nbsp; Eisai Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 82200 | &nbsp;&nbsp;&nbsp;&nbsp; 2305330 |
| &nbsp;&nbsp;&nbsp; ENEOS Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 816400 | &nbsp;&nbsp;&nbsp;&nbsp; 4284986 |
| &nbsp;&nbsp;&nbsp; FANUC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 283300 | &nbsp;&nbsp;&nbsp;&nbsp; 7886211 |
| &nbsp;&nbsp;&nbsp; Fast Retailing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 55700 | &nbsp;&nbsp;&nbsp;&nbsp; 16990156 |
| &nbsp;&nbsp;&nbsp; Fuji Electric Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 41300 | &nbsp;&nbsp;&nbsp;&nbsp; 2053363 |
| &nbsp;&nbsp;&nbsp; FUJIFILM Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 365200 | &nbsp;&nbsp;&nbsp;&nbsp; 7575063 |
| &nbsp;&nbsp;&nbsp; Fujikura Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 78200 | &nbsp;&nbsp;&nbsp;&nbsp; 5308406 |
| &nbsp;&nbsp;&nbsp; Fujitsu Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 543600 | &nbsp;&nbsp;&nbsp;&nbsp; 11841737 |
| &nbsp;&nbsp;&nbsp; Hankyu Hanshin Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 72300 | &nbsp;&nbsp;&nbsp;&nbsp; 1884257 |
| &nbsp;&nbsp;&nbsp; Hikari Tsushin, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3800 | &nbsp;&nbsp;&nbsp;&nbsp; 1021663 |
| &nbsp;&nbsp;&nbsp; Hitachi Construction Machinery Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 27400 | &nbsp;&nbsp;&nbsp;&nbsp; 793559 |
| &nbsp;&nbsp;&nbsp; Hitachi Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1393400 | &nbsp;&nbsp;&nbsp;&nbsp; 42638950 |
| &nbsp;&nbsp;&nbsp; Honda Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1283100 | &nbsp;&nbsp;&nbsp;&nbsp; 13283812 |
| &nbsp;&nbsp;&nbsp; Hoshizaki Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 34300 | &nbsp;&nbsp;&nbsp;&nbsp; 1174528 |
| &nbsp;&nbsp;&nbsp; Hoya Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 104700 | &nbsp;&nbsp;&nbsp;&nbsp; 13209245 |
| &nbsp;&nbsp;&nbsp; Hulic Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 171800 | &nbsp;&nbsp;&nbsp;&nbsp; 1638578 |
| &nbsp;&nbsp;&nbsp; Idemitsu Kosan Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 260100 | &nbsp;&nbsp;&nbsp;&nbsp; 1672083 |
| &nbsp;&nbsp;&nbsp; IHI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 45900 | &nbsp;&nbsp;&nbsp;&nbsp; 5111276 |
| &nbsp;&nbsp;&nbsp; Inpex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 263100 | &nbsp;&nbsp;&nbsp;&nbsp; 3746218 |
| &nbsp;&nbsp;&nbsp; Isuzu Motors Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 172800 | &nbsp;&nbsp;&nbsp;&nbsp; 2214607 |
| &nbsp;&nbsp;&nbsp; ITOCHU Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 429800 | &nbsp;&nbsp;&nbsp;&nbsp; 22544135 |
| &nbsp;&nbsp;&nbsp; Japan Airlines Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 43800 | &nbsp;&nbsp;&nbsp;&nbsp; 869759 |
| &nbsp;&nbsp;&nbsp; Japan Exchange Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 316000 | &nbsp;&nbsp;&nbsp;&nbsp; 3088073 |
| &nbsp;&nbsp;&nbsp; Japan Post Bank Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 547800 | &nbsp;&nbsp;&nbsp;&nbsp; 6114158 |
| &nbsp;&nbsp;&nbsp; Japan Post Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 524100 | &nbsp;&nbsp;&nbsp;&nbsp; 4853518 |
| &nbsp;&nbsp;&nbsp; Japan Post Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 57800 | &nbsp;&nbsp;&nbsp;&nbsp; 1479947 |
| &nbsp;&nbsp;&nbsp; Japan Real Estate Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 2147 | &nbsp;&nbsp;&nbsp;&nbsp; 1741444 |
| &nbsp;&nbsp;&nbsp; Japan Tobacco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 336100 | &nbsp;&nbsp;&nbsp;&nbsp; 9598892 |
| &nbsp;&nbsp;&nbsp; JFE Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 192400 | &nbsp;&nbsp;&nbsp;&nbsp; 2226658 |
| &nbsp;&nbsp;&nbsp; Kajima Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 138100 | &nbsp;&nbsp;&nbsp;&nbsp; 3459496 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; Kansai Electric Power Co., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 312600 | &nbsp;&nbsp;&nbsp;&nbsp; 3753214 |
| &nbsp;&nbsp;&nbsp; Kao Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 141000 | &nbsp;&nbsp;&nbsp;&nbsp; 6344504 |
| &nbsp;&nbsp;&nbsp; Kawasaki Heavy Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 50800 | &nbsp;&nbsp;&nbsp;&nbsp; 3710079 |
| &nbsp;&nbsp;&nbsp; Kawasaki Kisen Kaisha Ltd. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 112400 | &nbsp;&nbsp;&nbsp;&nbsp; 1587862 |
| &nbsp;&nbsp;&nbsp; KDDI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 888000 | &nbsp;&nbsp;&nbsp;&nbsp; 14573515 |
| &nbsp;&nbsp;&nbsp; Keyence Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 56800 | &nbsp;&nbsp;&nbsp;&nbsp; 20546347 |
| &nbsp;&nbsp;&nbsp; Kikkoman Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 265100 | &nbsp;&nbsp;&nbsp;&nbsp; 2328894 |
| &nbsp;&nbsp;&nbsp; Kirin Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 246400 | &nbsp;&nbsp;&nbsp;&nbsp; 3246979 |
| &nbsp;&nbsp;&nbsp; Kobe Bussan Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 44500 | &nbsp;&nbsp;&nbsp;&nbsp; 1185005 |
| &nbsp;&nbsp;&nbsp; Komatsu Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 280100 | &nbsp;&nbsp;&nbsp;&nbsp; 9024234 |
| &nbsp;&nbsp;&nbsp; Konami Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27500 | &nbsp;&nbsp;&nbsp;&nbsp; 3733368 |
| &nbsp;&nbsp;&nbsp; Kubota Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 348800 | &nbsp;&nbsp;&nbsp;&nbsp; 3911530 |
| &nbsp;&nbsp;&nbsp; Kyocera Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 427500 | &nbsp;&nbsp;&nbsp;&nbsp; 5046370 |
| &nbsp;&nbsp;&nbsp; Kyowa Kirin Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 71500 | &nbsp;&nbsp;&nbsp;&nbsp; 1220478 |
| &nbsp;&nbsp;&nbsp; Lasertec Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24900 | &nbsp;&nbsp;&nbsp;&nbsp; 2508644 |
| &nbsp;&nbsp;&nbsp; LY Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 806700 | &nbsp;&nbsp;&nbsp;&nbsp; 2948622 |
| &nbsp;&nbsp;&nbsp; M3, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 136200 | &nbsp;&nbsp;&nbsp;&nbsp; 1675097 |
| &nbsp;&nbsp;&nbsp; Makita Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 2321860 |
| &nbsp;&nbsp;&nbsp; Marubeni Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 503400 | &nbsp;&nbsp;&nbsp;&nbsp; 10306486 |
| &nbsp;&nbsp;&nbsp; MatsukiyoCocokara & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 116200 | &nbsp;&nbsp;&nbsp;&nbsp; 2386131 |
| &nbsp;&nbsp;&nbsp; McDonald's Holdings Co. Japan Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 26300 | &nbsp;&nbsp;&nbsp;&nbsp; 1050245 |
| &nbsp;&nbsp;&nbsp; MEIJI Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 75400 | &nbsp;&nbsp;&nbsp;&nbsp; 1524662 |
| &nbsp;&nbsp;&nbsp; MINEBEA MITSUMI, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 113100 | &nbsp;&nbsp;&nbsp;&nbsp; 1780011 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Chemical Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 431500 | &nbsp;&nbsp;&nbsp;&nbsp; 2350283 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1178500 | &nbsp;&nbsp;&nbsp;&nbsp; 23244019 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Electric Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 629800 | &nbsp;&nbsp;&nbsp;&nbsp; 14165616 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Estate Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 378100 | &nbsp;&nbsp;&nbsp;&nbsp; 7078949 |
| &nbsp;&nbsp;&nbsp; Mitsubishi HC Capital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 253300 | &nbsp;&nbsp;&nbsp;&nbsp; 1872301 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Heavy Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1019000 | &nbsp;&nbsp;&nbsp;&nbsp; 24330049 |
| &nbsp;&nbsp;&nbsp; Mitsubishi UFJ Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 3511300 | &nbsp;&nbsp;&nbsp;&nbsp; 48395435 |
| &nbsp;&nbsp;&nbsp; Mitsui & Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 785800 | &nbsp;&nbsp;&nbsp;&nbsp; 15996250 |
| &nbsp;&nbsp;&nbsp; Mitsui Fudosan Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 841400 | &nbsp;&nbsp;&nbsp;&nbsp; 7520686 |
| &nbsp;&nbsp;&nbsp; Mitsui OSK Lines Ltd. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 101000 | &nbsp;&nbsp;&nbsp;&nbsp; 3394844 |
| &nbsp;&nbsp;&nbsp; Mizuho Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 761600 | &nbsp;&nbsp;&nbsp;&nbsp; 22338993 |
| &nbsp;&nbsp;&nbsp; MonotaRO Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 75300 | &nbsp;&nbsp;&nbsp;&nbsp; 1340861 |
| &nbsp;&nbsp;&nbsp; MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 426500 | &nbsp;&nbsp;&nbsp;&nbsp; 9112634 |
| &nbsp;&nbsp;&nbsp; Murata Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 561200 | &nbsp;&nbsp;&nbsp;&nbsp; 8352949 |
| &nbsp;&nbsp;&nbsp; NEC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 385400 | &nbsp;&nbsp;&nbsp;&nbsp; 11067104 |
| &nbsp;&nbsp;&nbsp; Nexon Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 125600 | &nbsp;&nbsp;&nbsp;&nbsp; 2298235 |
| &nbsp;&nbsp;&nbsp; NIDEC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 306800 | &nbsp;&nbsp;&nbsp;&nbsp; 5886352 |
| &nbsp;&nbsp;&nbsp; Nintendo Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 353200 | &nbsp;&nbsp;&nbsp;&nbsp; 29520085 |
| &nbsp;&nbsp;&nbsp; Nippon Building Fund, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 2494 | &nbsp;&nbsp;&nbsp;&nbsp; 2287817 |
| &nbsp;&nbsp;&nbsp; Nippon Paint Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 294300 | &nbsp;&nbsp;&nbsp;&nbsp; 2494941 |
| &nbsp;&nbsp;&nbsp; Nippon Sanso Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 59600 | &nbsp;&nbsp;&nbsp;&nbsp; 2109456 |
| &nbsp;&nbsp;&nbsp; Nippon Steel Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 317300 | &nbsp;&nbsp;&nbsp;&nbsp; 6110569 |
| &nbsp;&nbsp;&nbsp; Nippon Yusen KK | &nbsp;&nbsp;&nbsp;&nbsp; 131500 | &nbsp;&nbsp;&nbsp;&nbsp; 4611679 |
| &nbsp;&nbsp;&nbsp; Nissan Motor Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 654100 | &nbsp;&nbsp;&nbsp;&nbsp; 1386889 |
| &nbsp;&nbsp;&nbsp; Nissin Foods Holdings Co. Ltd. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 69200 | &nbsp;&nbsp;&nbsp;&nbsp; 1312594 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; Niterra Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 60100 | &nbsp;&nbsp;&nbsp;&nbsp; 2071871 |
| &nbsp;&nbsp;&nbsp; Nitori Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 24800 | &nbsp;&nbsp;&nbsp;&nbsp; 2100233 |
| &nbsp;&nbsp;&nbsp; Nitto Denko Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 210900 | &nbsp;&nbsp;&nbsp;&nbsp; 4364346 |
| &nbsp;&nbsp;&nbsp; Nomura Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 890700 | &nbsp;&nbsp;&nbsp;&nbsp; 5884229 |
| &nbsp;&nbsp;&nbsp; Nomura Research Institute Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 127500 | &nbsp;&nbsp;&nbsp;&nbsp; 5045232 |
| &nbsp;&nbsp;&nbsp; NTT, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 8312600 | &nbsp;&nbsp;&nbsp;&nbsp; 8394576 |
| &nbsp;&nbsp;&nbsp; Obayashi Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 212300 | &nbsp;&nbsp;&nbsp;&nbsp; 3126172 |
| &nbsp;&nbsp;&nbsp; Obic Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 98700 | &nbsp;&nbsp;&nbsp;&nbsp; 3513975 |
| &nbsp;&nbsp;&nbsp; Olympus Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 342200 | &nbsp;&nbsp;&nbsp;&nbsp; 4088282 |
| &nbsp;&nbsp;&nbsp; Omron Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 57700 | &nbsp;&nbsp;&nbsp;&nbsp; 1487204 |
| &nbsp;&nbsp;&nbsp; Ono Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 132800 | &nbsp;&nbsp;&nbsp;&nbsp; 1485073 |
| &nbsp;&nbsp;&nbsp; Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 10100 | &nbsp;&nbsp;&nbsp;&nbsp; 1092259 |
| &nbsp;&nbsp;&nbsp; Oriental Land Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 340000 | &nbsp;&nbsp;&nbsp;&nbsp; 7000777 |
| &nbsp;&nbsp;&nbsp; ORIX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 344800 | &nbsp;&nbsp;&nbsp;&nbsp; 7745258 |
| &nbsp;&nbsp;&nbsp; Osaka Gas Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 120500 | &nbsp;&nbsp;&nbsp;&nbsp; 3048812 |
| &nbsp;&nbsp;&nbsp; Otsuka Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 73500 | &nbsp;&nbsp;&nbsp;&nbsp; 1392617 |
| &nbsp;&nbsp;&nbsp; Otsuka Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 140600 | &nbsp;&nbsp;&nbsp;&nbsp; 6693925 |
| &nbsp;&nbsp;&nbsp; Pan Pacific International Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 161000 | &nbsp;&nbsp;&nbsp;&nbsp; 5386459 |
| &nbsp;&nbsp;&nbsp; Panasonic Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 673700 | &nbsp;&nbsp;&nbsp;&nbsp; 6372744 |
| &nbsp;&nbsp;&nbsp; Rakuten Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 447700 | &nbsp;&nbsp;&nbsp;&nbsp; 2265235 |
| &nbsp;&nbsp;&nbsp; Recruit Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 437000 | &nbsp;&nbsp;&nbsp;&nbsp; 25927720 |
| &nbsp;&nbsp;&nbsp; Renesas Electronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 480500 | &nbsp;&nbsp;&nbsp;&nbsp; 5844352 |
| &nbsp;&nbsp;&nbsp; Resona Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 674300 | &nbsp;&nbsp;&nbsp;&nbsp; 6138831 |
| &nbsp;&nbsp;&nbsp; Ricoh Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 172900 | &nbsp;&nbsp;&nbsp;&nbsp; 1516072 |
| &nbsp;&nbsp;&nbsp; SBI Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 91400 | &nbsp;&nbsp;&nbsp;&nbsp; 3395315 |
| &nbsp;&nbsp;&nbsp; SCREEN Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 29200 | &nbsp;&nbsp;&nbsp;&nbsp; 2277889 |
| &nbsp;&nbsp;&nbsp; SCSK Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 46700 | &nbsp;&nbsp;&nbsp;&nbsp; 1453066 |
| &nbsp;&nbsp;&nbsp; Secom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 125900 | &nbsp;&nbsp;&nbsp;&nbsp; 4521478 |
| &nbsp;&nbsp;&nbsp; Sekisui Chemical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 127900 | &nbsp;&nbsp;&nbsp;&nbsp; 2218442 |
| &nbsp;&nbsp;&nbsp; Sekisui House Ltd. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 190500 | &nbsp;&nbsp;&nbsp;&nbsp; 3996085 |
| &nbsp;&nbsp;&nbsp; Seven & i Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 725700 | &nbsp;&nbsp;&nbsp;&nbsp; 9567044 |
| &nbsp;&nbsp;&nbsp; SG Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 124300 | &nbsp;&nbsp;&nbsp;&nbsp; 1379035 |
| &nbsp;&nbsp;&nbsp; Shimadzu Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 87700 | &nbsp;&nbsp;&nbsp;&nbsp; 1941388 |
| &nbsp;&nbsp;&nbsp; Shimano, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24500 | &nbsp;&nbsp;&nbsp;&nbsp; 2680201 |
| &nbsp;&nbsp;&nbsp; Shimizu Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 170000 | &nbsp;&nbsp;&nbsp;&nbsp; 1883255 |
| &nbsp;&nbsp;&nbsp; Shin-Etsu Chemical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 600700 | &nbsp;&nbsp;&nbsp;&nbsp; 17286295 |
| &nbsp;&nbsp;&nbsp; Shionogi & Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 258100 | &nbsp;&nbsp;&nbsp;&nbsp; 4316547 |
| &nbsp;&nbsp;&nbsp; Shiseido Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 113200 | &nbsp;&nbsp;&nbsp;&nbsp; 1840126 |
| &nbsp;&nbsp;&nbsp; SMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 17100 | &nbsp;&nbsp;&nbsp;&nbsp; 5950348 |
| &nbsp;&nbsp;&nbsp; SoftBank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 8499100 | &nbsp;&nbsp;&nbsp;&nbsp; 12279815 |
| &nbsp;&nbsp;&nbsp; SoftBank Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 288500 | &nbsp;&nbsp;&nbsp;&nbsp; 22029559 |
| &nbsp;&nbsp;&nbsp; Sompo Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 285200 | &nbsp;&nbsp;&nbsp;&nbsp; 8409708 |
| &nbsp;&nbsp;&nbsp; Sony Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1826900 | &nbsp;&nbsp;&nbsp;&nbsp; 43943005 |
| &nbsp;&nbsp;&nbsp; Square Enix Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 23600 | &nbsp;&nbsp;&nbsp;&nbsp; 1595505 |
| &nbsp;&nbsp;&nbsp; Subaru Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 173900 | &nbsp;&nbsp;&nbsp;&nbsp; 3199033 |
| &nbsp;&nbsp;&nbsp; Sumitomo Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 370800 | &nbsp;&nbsp;&nbsp;&nbsp; 9477565 |
| &nbsp;&nbsp;&nbsp; Sumitomo Electric Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 236800 | &nbsp;&nbsp;&nbsp;&nbsp; 5876121 |
| &nbsp;&nbsp;&nbsp; Sumitomo Metal Mining Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 79700 | &nbsp;&nbsp;&nbsp;&nbsp; 1753025 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1176000 | &nbsp;&nbsp;&nbsp;&nbsp; 29666495 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 215700 | &nbsp;&nbsp;&nbsp;&nbsp; 5654525 |
| &nbsp;&nbsp;&nbsp; Sumitomo Realty & Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 143700 | &nbsp;&nbsp;&nbsp;&nbsp; 5249242 |
| &nbsp;&nbsp;&nbsp; Suntory Beverage & Food Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 38200 | &nbsp;&nbsp;&nbsp;&nbsp; 1153477 |
| &nbsp;&nbsp;&nbsp; Suzuki Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 556800 | &nbsp;&nbsp;&nbsp;&nbsp; 6117881 |
| &nbsp;&nbsp;&nbsp; Sysmex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 167100 | &nbsp;&nbsp;&nbsp;&nbsp; 2714682 |
| &nbsp;&nbsp;&nbsp; T&D Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 147300 | &nbsp;&nbsp;&nbsp;&nbsp; 3596880 |
| &nbsp;&nbsp;&nbsp; Taisei Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 50400 | &nbsp;&nbsp;&nbsp;&nbsp; 3013612 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 476100 | &nbsp;&nbsp;&nbsp;&nbsp; 13078367 |
| &nbsp;&nbsp;&nbsp; TDK Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 575600 | &nbsp;&nbsp;&nbsp;&nbsp; 7012501 |
| &nbsp;&nbsp;&nbsp; Terumo Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 452100 | &nbsp;&nbsp;&nbsp;&nbsp; 7666381 |
| &nbsp;&nbsp;&nbsp; TIS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 71000 | &nbsp;&nbsp;&nbsp;&nbsp; 2265036 |
| &nbsp;&nbsp;&nbsp; Toho Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 34600 | &nbsp;&nbsp;&nbsp;&nbsp; 2183026 |
| &nbsp;&nbsp;&nbsp; Tokio Marine Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 586300 | &nbsp;&nbsp;&nbsp;&nbsp; 23541659 |
| &nbsp;&nbsp;&nbsp; Tokyo Century Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 50300 | &nbsp;&nbsp;&nbsp;&nbsp; 575671 |
| &nbsp;&nbsp;&nbsp; Tokyo Electric Power Co. Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 468600 | &nbsp;&nbsp;&nbsp;&nbsp; 1774374 |
| &nbsp;&nbsp;&nbsp; Tokyo Electron Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 134100 | &nbsp;&nbsp;&nbsp;&nbsp; 21319063 |
| &nbsp;&nbsp;&nbsp; Tokyo Gas Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 111900 | &nbsp;&nbsp;&nbsp;&nbsp; 3747374 |
| &nbsp;&nbsp;&nbsp; Tokyu Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 174300 | &nbsp;&nbsp;&nbsp;&nbsp; 1962046 |
| &nbsp;&nbsp;&nbsp; TOPPAN Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 85200 | &nbsp;&nbsp;&nbsp;&nbsp; 2295990 |
| &nbsp;&nbsp;&nbsp; Toray Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 450900 | &nbsp;&nbsp;&nbsp;&nbsp; 3084092 |
| &nbsp;&nbsp;&nbsp; Toyo Suisan Kaisha Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 29500 | &nbsp;&nbsp;&nbsp;&nbsp; 1884715 |
| &nbsp;&nbsp;&nbsp; Toyota Industries Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 54900 | &nbsp;&nbsp;&nbsp;&nbsp; 5870602 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 3490000 | &nbsp;&nbsp;&nbsp;&nbsp; 62078755 |
| &nbsp;&nbsp;&nbsp; Toyota Tsusho Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 214900 | &nbsp;&nbsp;&nbsp;&nbsp; 4925151 |
| &nbsp;&nbsp;&nbsp; Trend Micro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38100 | &nbsp;&nbsp;&nbsp;&nbsp; 2323280 |
| &nbsp;&nbsp;&nbsp; Unicharm Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 348800 | &nbsp;&nbsp;&nbsp;&nbsp; 2412701 |
| &nbsp;&nbsp;&nbsp; West Japan Railway Co. | &nbsp;&nbsp;&nbsp;&nbsp; 142700 | &nbsp;&nbsp;&nbsp;&nbsp; 3124308 |
| &nbsp;&nbsp;&nbsp; Yakult Honsha Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 86100 | &nbsp;&nbsp;&nbsp;&nbsp; 1385137 |
| &nbsp;&nbsp;&nbsp; Yamaha Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 294200 | &nbsp;&nbsp;&nbsp;&nbsp; 2127898 |
| &nbsp;&nbsp;&nbsp; Yaskawa Electric Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 76700 | &nbsp;&nbsp;&nbsp;&nbsp; 1604241 |
| &nbsp;&nbsp;&nbsp; Yokogawa Electric Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 75400 | &nbsp;&nbsp;&nbsp;&nbsp; 2009719 |
| &nbsp;&nbsp;&nbsp; Zensho Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 29700 | &nbsp;&nbsp;&nbsp;&nbsp; 1562917 |
| &nbsp;&nbsp;&nbsp; ZOZO, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 123500 | &nbsp;&nbsp;&nbsp;&nbsp; 1222573 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1281071064 |
| **Luxembourg — 0.2%** | **Luxembourg — 0.2%** | **Luxembourg — 0.2%** |
| &nbsp;&nbsp;&nbsp; ArcelorMittal SA | &nbsp;&nbsp;&nbsp;&nbsp; 127811 | &nbsp;&nbsp;&nbsp;&nbsp; 3984660 |
| &nbsp;&nbsp;&nbsp; CVC Capital Partners plc (b) | &nbsp;&nbsp;&nbsp;&nbsp; 235833 | &nbsp;&nbsp;&nbsp;&nbsp; 4522293 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8506953 |
| **Macau — 0.1%** | **Macau — 0.1%** | **Macau — 0.1%** |
| &nbsp;&nbsp;&nbsp; Galaxy Entertainment Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 683000 | &nbsp;&nbsp;&nbsp;&nbsp; 3330762 |
| &nbsp;&nbsp;&nbsp; Sands China Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 674400 | &nbsp;&nbsp;&nbsp;&nbsp; 1632566 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4963328 |
| **Mexico — 0.0% ^** | **Mexico — 0.0% ^** | **Mexico — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Fresnillo plc | &nbsp;&nbsp;&nbsp;&nbsp; 55632 | &nbsp;&nbsp;&nbsp;&nbsp; 1025781 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Netherlands — 3.7%** | **Netherlands — 3.7%** | **Netherlands — 3.7%** |
| &nbsp;&nbsp;&nbsp; Adyen NV \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 8838 | &nbsp;&nbsp;&nbsp;&nbsp; 15158514 |
| &nbsp;&nbsp;&nbsp; Akzo Nobel NV | &nbsp;&nbsp;&nbsp;&nbsp; 49963 | &nbsp;&nbsp;&nbsp;&nbsp; 3137749 |
| &nbsp;&nbsp;&nbsp; Argenx SE \* | &nbsp;&nbsp;&nbsp;&nbsp; 17869 | &nbsp;&nbsp;&nbsp;&nbsp; 12001354 |
| &nbsp;&nbsp;&nbsp; ASM International NV | &nbsp;&nbsp;&nbsp;&nbsp; 13368 | &nbsp;&nbsp;&nbsp;&nbsp; 6470882 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp; 119405 | &nbsp;&nbsp;&nbsp;&nbsp; 82756460 |
| &nbsp;&nbsp;&nbsp; EXOR NV | &nbsp;&nbsp;&nbsp;&nbsp; 27891 | &nbsp;&nbsp;&nbsp;&nbsp; 2688037 |
| &nbsp;&nbsp;&nbsp; HAL Trust | &nbsp;&nbsp;&nbsp;&nbsp; 10804 | &nbsp;&nbsp;&nbsp;&nbsp; 1533066 |
| &nbsp;&nbsp;&nbsp; Heineken Holding NV | &nbsp;&nbsp;&nbsp;&nbsp; 39665 | &nbsp;&nbsp;&nbsp;&nbsp; 2677037 |
| &nbsp;&nbsp;&nbsp; Heineken NV | &nbsp;&nbsp;&nbsp;&nbsp; 85334 | &nbsp;&nbsp;&nbsp;&nbsp; 6698014 |
| &nbsp;&nbsp;&nbsp; ING Groep NV | &nbsp;&nbsp;&nbsp;&nbsp; 916640 | &nbsp;&nbsp;&nbsp;&nbsp; 21362704 |
| &nbsp;&nbsp;&nbsp; JDE Peet's NV | &nbsp;&nbsp;&nbsp;&nbsp; 46948 | &nbsp;&nbsp;&nbsp;&nbsp; 1392247 |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;&nbsp;&nbsp; 268678 | &nbsp;&nbsp;&nbsp;&nbsp; 10611828 |
| &nbsp;&nbsp;&nbsp; Koninklijke KPN NV | &nbsp;&nbsp;&nbsp;&nbsp; 1178314 | &nbsp;&nbsp;&nbsp;&nbsp; 5264122 |
| &nbsp;&nbsp;&nbsp; Koninklijke Philips NV | &nbsp;&nbsp;&nbsp;&nbsp; 240413 | &nbsp;&nbsp;&nbsp;&nbsp; 6278470 |
| &nbsp;&nbsp;&nbsp; NN Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 81166 | &nbsp;&nbsp;&nbsp;&nbsp; 5465368 |
| &nbsp;&nbsp;&nbsp; Universal Music Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 287316 | &nbsp;&nbsp;&nbsp;&nbsp; 8265197 |
| &nbsp;&nbsp;&nbsp; Wolters Kluwer NV | &nbsp;&nbsp;&nbsp;&nbsp; 70909 | &nbsp;&nbsp;&nbsp;&nbsp; 11044715 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 202805764 |
| **New Zealand — 0.1%** | **New Zealand — 0.1%** | **New Zealand — 0.1%** |
| &nbsp;&nbsp;&nbsp; Auckland International Airport Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 460884 | &nbsp;&nbsp;&nbsp;&nbsp; 2044446 |
| &nbsp;&nbsp;&nbsp; Fisher & Paykel Healthcare Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 167461 | &nbsp;&nbsp;&nbsp;&nbsp; 3630367 |
| &nbsp;&nbsp;&nbsp; Meridian Energy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 388589 | &nbsp;&nbsp;&nbsp;&nbsp; 1304831 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6979644 |
| **Norway — 0.6%** | **Norway — 0.6%** | **Norway — 0.6%** |
| &nbsp;&nbsp;&nbsp; Aker BP ASA | &nbsp;&nbsp;&nbsp;&nbsp; 93116 | &nbsp;&nbsp;&nbsp;&nbsp; 2240057 |
| &nbsp;&nbsp;&nbsp; DNB Bank ASA | &nbsp;&nbsp;&nbsp;&nbsp; 225375 | &nbsp;&nbsp;&nbsp;&nbsp; 5701931 |
| &nbsp;&nbsp;&nbsp; Equinor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 217447 | &nbsp;&nbsp;&nbsp;&nbsp; 5585688 |
| &nbsp;&nbsp;&nbsp; Gjensidige Forsikring ASA | &nbsp;&nbsp;&nbsp;&nbsp; 56917 | &nbsp;&nbsp;&nbsp;&nbsp; 1497124 |
| &nbsp;&nbsp;&nbsp; Kongsberg Gruppen ASA | &nbsp;&nbsp;&nbsp;&nbsp; 132669 | &nbsp;&nbsp;&nbsp;&nbsp; 3964566 |
| &nbsp;&nbsp;&nbsp; Mowi ASA | &nbsp;&nbsp;&nbsp;&nbsp; 134501 | &nbsp;&nbsp;&nbsp;&nbsp; 2505416 |
| &nbsp;&nbsp;&nbsp; Norsk Hydro ASA | &nbsp;&nbsp;&nbsp;&nbsp; 388994 | &nbsp;&nbsp;&nbsp;&nbsp; 2305564 |
| &nbsp;&nbsp;&nbsp; Orkla ASA | &nbsp;&nbsp;&nbsp;&nbsp; 204372 | &nbsp;&nbsp;&nbsp;&nbsp; 2149183 |
| &nbsp;&nbsp;&nbsp; Salmar ASA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 21837 | &nbsp;&nbsp;&nbsp;&nbsp; 887108 |
| &nbsp;&nbsp;&nbsp; Storebrand ASA | &nbsp;&nbsp;&nbsp;&nbsp; 124900 | &nbsp;&nbsp;&nbsp;&nbsp; 1773616 |
| &nbsp;&nbsp;&nbsp; Telenor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 188739 | &nbsp;&nbsp;&nbsp;&nbsp; 2895427 |
| &nbsp;&nbsp;&nbsp; Var Energi ASA | &nbsp;&nbsp;&nbsp;&nbsp; 247508 | &nbsp;&nbsp;&nbsp;&nbsp; 847803 |
| &nbsp;&nbsp;&nbsp; Vend Marketplaces ASA, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 19937 | &nbsp;&nbsp;&nbsp;&nbsp; 786954 |
| &nbsp;&nbsp;&nbsp; Vend Marketplaces ASA, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 28456 | &nbsp;&nbsp;&nbsp;&nbsp; 1069199 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 34209636 |
| **Poland — 0.5%** | **Poland — 0.5%** | **Poland — 0.5%** |
| &nbsp;&nbsp;&nbsp; Allegro.eu SA \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 188610 | &nbsp;&nbsp;&nbsp;&nbsp; 1850152 |
| &nbsp;&nbsp;&nbsp; Bank Polska Kasa Opieki SA | &nbsp;&nbsp;&nbsp;&nbsp; 63729 | &nbsp;&nbsp;&nbsp;&nbsp; 3460702 |
| &nbsp;&nbsp;&nbsp; Dino Polska SA \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 144500 | &nbsp;&nbsp;&nbsp;&nbsp; 1905687 |
| &nbsp;&nbsp;&nbsp; ING Bank Slaski SA | &nbsp;&nbsp;&nbsp;&nbsp; 9893 | &nbsp;&nbsp;&nbsp;&nbsp; 876865 |
| &nbsp;&nbsp;&nbsp; KGHM Polska Miedz SA \* | &nbsp;&nbsp;&nbsp;&nbsp; 41485 | &nbsp;&nbsp;&nbsp;&nbsp; 1402576 |
| &nbsp;&nbsp;&nbsp; LPP SA | &nbsp;&nbsp;&nbsp;&nbsp; 386 | &nbsp;&nbsp;&nbsp;&nbsp; 1714366 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Poland — continued** | **Poland — continued** | **Poland — continued** |
| &nbsp;&nbsp;&nbsp; ORLEN SA | &nbsp;&nbsp;&nbsp;&nbsp; 176526 | &nbsp;&nbsp;&nbsp;&nbsp; 3930971 |
| &nbsp;&nbsp;&nbsp; Powszechna Kasa Oszczednosci Bank Polski SA | &nbsp;&nbsp;&nbsp;&nbsp; 260253 | &nbsp;&nbsp;&nbsp;&nbsp; 5698631 |
| &nbsp;&nbsp;&nbsp; Powszechny Zaklad Ubezpieczen SA | &nbsp;&nbsp;&nbsp;&nbsp; 172448 | &nbsp;&nbsp;&nbsp;&nbsp; 2890398 |
| &nbsp;&nbsp;&nbsp; Santander Bank Polska SA | &nbsp;&nbsp;&nbsp;&nbsp; 11664 | &nbsp;&nbsp;&nbsp;&nbsp; 1700830 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 25431178 |
| **Portugal — 0.1%** | **Portugal — 0.1%** | **Portugal — 0.1%** |
| &nbsp;&nbsp;&nbsp; EDP SA | &nbsp;&nbsp;&nbsp;&nbsp; 843347 | &nbsp;&nbsp;&nbsp;&nbsp; 3645253 |
| &nbsp;&nbsp;&nbsp; Galp Energia SGPS SA | &nbsp;&nbsp;&nbsp;&nbsp; 125890 | &nbsp;&nbsp;&nbsp;&nbsp; 2403901 |
| &nbsp;&nbsp;&nbsp; Jeronimo Martins SGPS SA | &nbsp;&nbsp;&nbsp;&nbsp; 83540 | &nbsp;&nbsp;&nbsp;&nbsp; 2036511 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8085665 |
| **Russia — 0.0% ^** | **Russia — 0.0% ^** | **Russia — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Evraz plc ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 96418 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **Singapore — 1.4%** | **Singapore — 1.4%** | **Singapore — 1.4%** |
| &nbsp;&nbsp;&nbsp; CapitaLand Ascendas, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1103300 | &nbsp;&nbsp;&nbsp;&nbsp; 2362306 |
| &nbsp;&nbsp;&nbsp; CapitaLand Integrated Commercial Trust, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1485358 | &nbsp;&nbsp;&nbsp;&nbsp; 2507971 |
| &nbsp;&nbsp;&nbsp; CapitaLand Investment Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 664400 | &nbsp;&nbsp;&nbsp;&nbsp; 1415041 |
| &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 618250 | &nbsp;&nbsp;&nbsp;&nbsp; 22692549 |
| &nbsp;&nbsp;&nbsp; Genting Singapore Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1733300 | &nbsp;&nbsp;&nbsp;&nbsp; 977727 |
| &nbsp;&nbsp;&nbsp; Jardine Cycle & Carriage Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 17600 | &nbsp;&nbsp;&nbsp;&nbsp; 356397 |
| &nbsp;&nbsp;&nbsp; Keppel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 429700 | &nbsp;&nbsp;&nbsp;&nbsp; 2791693 |
| &nbsp;&nbsp;&nbsp; Mapletree Pan Asia Commercial Trust, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 678200 | &nbsp;&nbsp;&nbsp;&nbsp; 672032 |
| &nbsp;&nbsp;&nbsp; Oversea-Chinese Banking Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 988900 | &nbsp;&nbsp;&nbsp;&nbsp; 12815320 |
| &nbsp;&nbsp;&nbsp; Singapore Airlines Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 419750 | &nbsp;&nbsp;&nbsp;&nbsp; 2192425 |
| &nbsp;&nbsp;&nbsp; Singapore Exchange Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 248800 | &nbsp;&nbsp;&nbsp;&nbsp; 3050687 |
| &nbsp;&nbsp;&nbsp; Singapore Technologies Engineering Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 473800 | &nbsp;&nbsp;&nbsp;&nbsp; 3187388 |
| &nbsp;&nbsp;&nbsp; Singapore Telecommunications Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2490500 | &nbsp;&nbsp;&nbsp;&nbsp; 7422057 |
| &nbsp;&nbsp;&nbsp; STMicroelectronics NV | &nbsp;&nbsp;&nbsp;&nbsp; 195644 | &nbsp;&nbsp;&nbsp;&nbsp; 4972091 |
| &nbsp;&nbsp;&nbsp; United Overseas Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 407300 | &nbsp;&nbsp;&nbsp;&nbsp; 11315909 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 78731593 |
| **South Africa — 0.2%** | **South Africa — 0.2%** | **South Africa — 0.2%** |
| &nbsp;&nbsp;&nbsp; Anglo American plc | &nbsp;&nbsp;&nbsp;&nbsp; 324062 | &nbsp;&nbsp;&nbsp;&nbsp; 9118492 |
| **Spain — 3.1%** | **Spain — 3.1%** | **Spain — 3.1%** |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y Servicios SA | &nbsp;&nbsp;&nbsp;&nbsp; 61378 | &nbsp;&nbsp;&nbsp;&nbsp; 4235991 |
| &nbsp;&nbsp;&nbsp; Aena SME SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 223386 | &nbsp;&nbsp;&nbsp;&nbsp; 6015368 |
| &nbsp;&nbsp;&nbsp; Amadeus IT Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 132196 | &nbsp;&nbsp;&nbsp;&nbsp; 10614525 |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;&nbsp;&nbsp; 1747421 | &nbsp;&nbsp;&nbsp;&nbsp; 29143956 |
| &nbsp;&nbsp;&nbsp; Banco Santander SA | &nbsp;&nbsp;&nbsp;&nbsp; 4511006 | &nbsp;&nbsp;&nbsp;&nbsp; 38753113 |
| &nbsp;&nbsp;&nbsp; CaixaBank SA | &nbsp;&nbsp;&nbsp;&nbsp; 1080531 | &nbsp;&nbsp;&nbsp;&nbsp; 10165972 |
| &nbsp;&nbsp;&nbsp; Cellnex Telecom SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 173785 | &nbsp;&nbsp;&nbsp;&nbsp; 6132796 |
| &nbsp;&nbsp;&nbsp; EDP Renovaveis SA | &nbsp;&nbsp;&nbsp;&nbsp; 77321 | &nbsp;&nbsp;&nbsp;&nbsp; 907804 |
| &nbsp;&nbsp;&nbsp; Endesa SA | &nbsp;&nbsp;&nbsp;&nbsp; 96055 | &nbsp;&nbsp;&nbsp;&nbsp; 2778815 |
| &nbsp;&nbsp;&nbsp; Iberdrola SA | &nbsp;&nbsp;&nbsp;&nbsp; 1760980 | &nbsp;&nbsp;&nbsp;&nbsp; 30951584 |
| &nbsp;&nbsp;&nbsp; Industria de Diseno Textil SA | &nbsp;&nbsp;&nbsp;&nbsp; 336356 | &nbsp;&nbsp;&nbsp;&nbsp; 16066742 |
| &nbsp;&nbsp;&nbsp; Naturgy Energy Group SA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 31909 | &nbsp;&nbsp;&nbsp;&nbsp; 1000672 |
| &nbsp;&nbsp;&nbsp; Redeia Corp. SA | &nbsp;&nbsp;&nbsp;&nbsp; 122823 | &nbsp;&nbsp;&nbsp;&nbsp; 2381047 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Spain — continued** | **Spain — continued** | **Spain — continued** |
| &nbsp;&nbsp;&nbsp; Repsol SA | &nbsp;&nbsp;&nbsp;&nbsp; 346645 | &nbsp;&nbsp;&nbsp;&nbsp; 5255752 |
| &nbsp;&nbsp;&nbsp; Telefonica SA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 1367534 | &nbsp;&nbsp;&nbsp;&nbsp; 7057568 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 171461705 |
| **Sweden — 3.3%** | **Sweden — 3.3%** | **Sweden — 3.3%** |
| &nbsp;&nbsp;&nbsp; Alfa Laval AB | &nbsp;&nbsp;&nbsp;&nbsp; 82543 | &nbsp;&nbsp;&nbsp;&nbsp; 3586298 |
| &nbsp;&nbsp;&nbsp; Assa Abloy AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 319663 | &nbsp;&nbsp;&nbsp;&nbsp; 10577729 |
| &nbsp;&nbsp;&nbsp; Atlas Copco AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 768050 | &nbsp;&nbsp;&nbsp;&nbsp; 11696163 |
| &nbsp;&nbsp;&nbsp; Atlas Copco AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 473728 | &nbsp;&nbsp;&nbsp;&nbsp; 6411037 |
| &nbsp;&nbsp;&nbsp; Axfood AB | &nbsp;&nbsp;&nbsp;&nbsp; 32626 | &nbsp;&nbsp;&nbsp;&nbsp; 972199 |
| &nbsp;&nbsp;&nbsp; Beijer Ref AB | &nbsp;&nbsp;&nbsp;&nbsp; 113300 | &nbsp;&nbsp;&nbsp;&nbsp; 1901955 |
| &nbsp;&nbsp;&nbsp; Boliden AB \* | &nbsp;&nbsp;&nbsp;&nbsp; 86221 | &nbsp;&nbsp;&nbsp;&nbsp; 2639159 |
| &nbsp;&nbsp;&nbsp; Castellum AB | &nbsp;&nbsp;&nbsp;&nbsp; 117370 | &nbsp;&nbsp;&nbsp;&nbsp; 1336088 |
| &nbsp;&nbsp;&nbsp; Epiroc AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 188917 | &nbsp;&nbsp;&nbsp;&nbsp; 3845060 |
| &nbsp;&nbsp;&nbsp; Epiroc AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 118357 | &nbsp;&nbsp;&nbsp;&nbsp; 2121667 |
| &nbsp;&nbsp;&nbsp; EQT AB | &nbsp;&nbsp;&nbsp;&nbsp; 212659 | &nbsp;&nbsp;&nbsp;&nbsp; 7107937 |
| &nbsp;&nbsp;&nbsp; Essity AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 6646 | &nbsp;&nbsp;&nbsp;&nbsp; 163956 |
| &nbsp;&nbsp;&nbsp; Essity AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 181637 | &nbsp;&nbsp;&nbsp;&nbsp; 4478720 |
| &nbsp;&nbsp;&nbsp; Evolution AB (b) | &nbsp;&nbsp;&nbsp;&nbsp; 55167 | &nbsp;&nbsp;&nbsp;&nbsp; 4907718 |
| &nbsp;&nbsp;&nbsp; Fastighets AB Balder, Class B \* | &nbsp;&nbsp;&nbsp;&nbsp; 211204 | &nbsp;&nbsp;&nbsp;&nbsp; 1426070 |
| &nbsp;&nbsp;&nbsp; H & M Hennes & Mauritz AB, Class B (a) | &nbsp;&nbsp;&nbsp;&nbsp; 150216 | &nbsp;&nbsp;&nbsp;&nbsp; 2023657 |
| &nbsp;&nbsp;&nbsp; Hexagon AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 639847 | &nbsp;&nbsp;&nbsp;&nbsp; 7030690 |
| &nbsp;&nbsp;&nbsp; Holmen AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 23854 | &nbsp;&nbsp;&nbsp;&nbsp; 886573 |
| &nbsp;&nbsp;&nbsp; Industrivarden AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 34700 | &nbsp;&nbsp;&nbsp;&nbsp; 1283829 |
| &nbsp;&nbsp;&nbsp; Industrivarden AB, Class C (a) | &nbsp;&nbsp;&nbsp;&nbsp; 48326 | &nbsp;&nbsp;&nbsp;&nbsp; 1784663 |
| &nbsp;&nbsp;&nbsp; Indutrade AB | &nbsp;&nbsp;&nbsp;&nbsp; 81161 | &nbsp;&nbsp;&nbsp;&nbsp; 1970946 |
| &nbsp;&nbsp;&nbsp; Investment AB Latour, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 44085 | &nbsp;&nbsp;&nbsp;&nbsp; 1125454 |
| &nbsp;&nbsp;&nbsp; Investor AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 172549 | &nbsp;&nbsp;&nbsp;&nbsp; 5005920 |
| &nbsp;&nbsp;&nbsp; Investor AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 551128 | &nbsp;&nbsp;&nbsp;&nbsp; 15971424 |
| &nbsp;&nbsp;&nbsp; L E Lundbergforetagen AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 22747 | &nbsp;&nbsp;&nbsp;&nbsp; 1109534 |
| &nbsp;&nbsp;&nbsp; Lifco AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 68562 | &nbsp;&nbsp;&nbsp;&nbsp; 2442253 |
| &nbsp;&nbsp;&nbsp; Nibe Industrier AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 497836 | &nbsp;&nbsp;&nbsp;&nbsp; 2297220 |
| &nbsp;&nbsp;&nbsp; Nordnet AB publ | &nbsp;&nbsp;&nbsp;&nbsp; 48068 | &nbsp;&nbsp;&nbsp;&nbsp; 1298129 |
| &nbsp;&nbsp;&nbsp; Saab AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 112012 | &nbsp;&nbsp;&nbsp;&nbsp; 6092783 |
| &nbsp;&nbsp;&nbsp; Sagax AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 65238 | &nbsp;&nbsp;&nbsp;&nbsp; 1380803 |
| &nbsp;&nbsp;&nbsp; Sagax AB, Class D | &nbsp;&nbsp;&nbsp;&nbsp; 33148 | &nbsp;&nbsp;&nbsp;&nbsp; 112322 |
| &nbsp;&nbsp;&nbsp; Sandvik AB | &nbsp;&nbsp;&nbsp;&nbsp; 295430 | &nbsp;&nbsp;&nbsp;&nbsp; 7208395 |
| &nbsp;&nbsp;&nbsp; Securitas AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 160237 | &nbsp;&nbsp;&nbsp;&nbsp; 2378132 |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 407240 | &nbsp;&nbsp;&nbsp;&nbsp; 7123661 |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB, Class C | &nbsp;&nbsp;&nbsp;&nbsp; 6067 | &nbsp;&nbsp;&nbsp;&nbsp; 107528 |
| &nbsp;&nbsp;&nbsp; Skanska AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 99250 | &nbsp;&nbsp;&nbsp;&nbsp; 2315154 |
| &nbsp;&nbsp;&nbsp; SKF AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 109114 | &nbsp;&nbsp;&nbsp;&nbsp; 2541533 |
| &nbsp;&nbsp;&nbsp; SSAB AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 64796 | &nbsp;&nbsp;&nbsp;&nbsp; 373656 |
| &nbsp;&nbsp;&nbsp; SSAB AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 176252 | &nbsp;&nbsp;&nbsp;&nbsp; 996119 |
| &nbsp;&nbsp;&nbsp; Svenska Cellulosa AB SCA, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 146174 | &nbsp;&nbsp;&nbsp;&nbsp; 1833191 |
| &nbsp;&nbsp;&nbsp; Svenska Handelsbanken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 420844 | &nbsp;&nbsp;&nbsp;&nbsp; 5127723 |
| &nbsp;&nbsp;&nbsp; Svenska Handelsbanken AB, Class B (a) | &nbsp;&nbsp;&nbsp;&nbsp; 10616 | &nbsp;&nbsp;&nbsp;&nbsp; 207440 |
| &nbsp;&nbsp;&nbsp; Swedbank AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 299729 | &nbsp;&nbsp;&nbsp;&nbsp; 7981199 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Sweden — continued** | **Sweden — continued** | **Sweden — continued** |
| &nbsp;&nbsp;&nbsp; Swedish Orphan Biovitrum AB \* | &nbsp;&nbsp;&nbsp;&nbsp; 49306 | &nbsp;&nbsp;&nbsp;&nbsp; 1355742 |
| &nbsp;&nbsp;&nbsp; Tele2 AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 167801 | &nbsp;&nbsp;&nbsp;&nbsp; 2593385 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 16565 | &nbsp;&nbsp;&nbsp;&nbsp; 120521 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 784590 | &nbsp;&nbsp;&nbsp;&nbsp; 5698937 |
| &nbsp;&nbsp;&nbsp; Telia Co. AB (a) | &nbsp;&nbsp;&nbsp;&nbsp; 702915 | &nbsp;&nbsp;&nbsp;&nbsp; 2482493 |
| &nbsp;&nbsp;&nbsp; Trelleborg AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 60908 | &nbsp;&nbsp;&nbsp;&nbsp; 2213081 |
| &nbsp;&nbsp;&nbsp; Volvo AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 57245 | &nbsp;&nbsp;&nbsp;&nbsp; 1641216 |
| &nbsp;&nbsp;&nbsp; Volvo AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 466674 | &nbsp;&nbsp;&nbsp;&nbsp; 13402785 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 182689847 |
| **Switzerland — 4.5%** | **Switzerland — 4.5%** | **Switzerland — 4.5%** |
| &nbsp;&nbsp;&nbsp; ABB Ltd. (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 483526 | &nbsp;&nbsp;&nbsp;&nbsp; 31573337 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG | &nbsp;&nbsp;&nbsp;&nbsp; 296 | &nbsp;&nbsp;&nbsp;&nbsp; 4354330 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 4679115 |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 161943 | &nbsp;&nbsp;&nbsp;&nbsp; 26441458 |
| &nbsp;&nbsp;&nbsp; DSM-Firmenich AG | &nbsp;&nbsp;&nbsp;&nbsp; 75714 | &nbsp;&nbsp;&nbsp;&nbsp; 7274568 |
| &nbsp;&nbsp;&nbsp; EMS-Chemie Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 2056 | &nbsp;&nbsp;&nbsp;&nbsp; 1617644 |
| &nbsp;&nbsp;&nbsp; Galderma Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 37329 | &nbsp;&nbsp;&nbsp;&nbsp; 5753076 |
| &nbsp;&nbsp;&nbsp; Geberit AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 9996 | &nbsp;&nbsp;&nbsp;&nbsp; 7657924 |
| &nbsp;&nbsp;&nbsp; Givaudan SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 2462 | &nbsp;&nbsp;&nbsp;&nbsp; 10292022 |
| &nbsp;&nbsp;&nbsp; Julius Baer Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 59902 | &nbsp;&nbsp;&nbsp;&nbsp; 4053228 |
| &nbsp;&nbsp;&nbsp; Kuehne + Nagel International AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 14255 | &nbsp;&nbsp;&nbsp;&nbsp; 2906295 |
| &nbsp;&nbsp;&nbsp; Lonza Group AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 21209 | &nbsp;&nbsp;&nbsp;&nbsp; 14782016 |
| &nbsp;&nbsp;&nbsp; Partners Group Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 6541 | &nbsp;&nbsp;&nbsp;&nbsp; 8793046 |
| &nbsp;&nbsp;&nbsp; Sandoz Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 125446 | &nbsp;&nbsp;&nbsp;&nbsp; 7174123 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 12358 | &nbsp;&nbsp;&nbsp;&nbsp; 4469097 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 6280 | &nbsp;&nbsp;&nbsp;&nbsp; 2202581 |
| &nbsp;&nbsp;&nbsp; SGS SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 46304 | &nbsp;&nbsp;&nbsp;&nbsp; 4705107 |
| &nbsp;&nbsp;&nbsp; Sika AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 48657 | &nbsp;&nbsp;&nbsp;&nbsp; 11482064 |
| &nbsp;&nbsp;&nbsp; Sonova Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 14804 | &nbsp;&nbsp;&nbsp;&nbsp; 4029767 |
| &nbsp;&nbsp;&nbsp; Straumann Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 32647 | &nbsp;&nbsp;&nbsp;&nbsp; 3977708 |
| &nbsp;&nbsp;&nbsp; Swiss Life Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 8624 | &nbsp;&nbsp;&nbsp;&nbsp; 8932724 |
| &nbsp;&nbsp;&nbsp; Swisscom AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 7705 | &nbsp;&nbsp;&nbsp;&nbsp; 5353702 |
| &nbsp;&nbsp;&nbsp; UBS Group AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 913692 | &nbsp;&nbsp;&nbsp;&nbsp; 33956470 |
| &nbsp;&nbsp;&nbsp; Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 43098 | &nbsp;&nbsp;&nbsp;&nbsp; 29397433 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 245858835 |
| **United Arab Emirates — 0.0% ^** | **United Arab Emirates — 0.0% ^** | **United Arab Emirates — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; NMC Health plc ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **United Kingdom — 12.1%** | **United Kingdom — 12.1%** | **United Kingdom — 12.1%** |
| &nbsp;&nbsp;&nbsp; 3i Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 295413 | &nbsp;&nbsp;&nbsp;&nbsp; 16142007 |
| &nbsp;&nbsp;&nbsp; Admiral Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 69990 | &nbsp;&nbsp;&nbsp;&nbsp; 3154906 |
| &nbsp;&nbsp;&nbsp; Ashtead Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 130525 | &nbsp;&nbsp;&nbsp;&nbsp; 8720553 |
| &nbsp;&nbsp;&nbsp; Associated British Foods plc | &nbsp;&nbsp;&nbsp;&nbsp; 90504 | &nbsp;&nbsp;&nbsp;&nbsp; 2620589 |
| &nbsp;&nbsp;&nbsp; AstraZeneca plc | &nbsp;&nbsp;&nbsp;&nbsp; 470402 | &nbsp;&nbsp;&nbsp;&nbsp; 68627733 |
| &nbsp;&nbsp;&nbsp; Auto Trader Group plc (b) | &nbsp;&nbsp;&nbsp;&nbsp; 266489 | &nbsp;&nbsp;&nbsp;&nbsp; 2941984 |
| &nbsp;&nbsp;&nbsp; Aviva plc | &nbsp;&nbsp;&nbsp;&nbsp; 920224 | &nbsp;&nbsp;&nbsp;&nbsp; 7862400 |
| &nbsp;&nbsp;&nbsp; BAE Systems plc | &nbsp;&nbsp;&nbsp;&nbsp; 888986 | &nbsp;&nbsp;&nbsp;&nbsp; 21211776 |
| &nbsp;&nbsp;&nbsp; Barclays plc | &nbsp;&nbsp;&nbsp;&nbsp; 4330123 | &nbsp;&nbsp;&nbsp;&nbsp; 21165731 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United Kingdom — continued** | **United Kingdom — continued** | **United Kingdom — continued** |
| &nbsp;&nbsp;&nbsp; Barratt Redrow plc | &nbsp;&nbsp;&nbsp;&nbsp; 388868 | &nbsp;&nbsp;&nbsp;&nbsp; 1914963 |
| &nbsp;&nbsp;&nbsp; Berkeley Group Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 29915 | &nbsp;&nbsp;&nbsp;&nbsp; 1438667 |
| &nbsp;&nbsp;&nbsp; British American Tobacco plc | &nbsp;&nbsp;&nbsp;&nbsp; 601503 | &nbsp;&nbsp;&nbsp;&nbsp; 32226940 |
| &nbsp;&nbsp;&nbsp; BT Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 1882772 | &nbsp;&nbsp;&nbsp;&nbsp; 5141922 |
| &nbsp;&nbsp;&nbsp; Bunzl plc | &nbsp;&nbsp;&nbsp;&nbsp; 94888 | &nbsp;&nbsp;&nbsp;&nbsp; 2816036 |
| &nbsp;&nbsp;&nbsp; Centrica plc | &nbsp;&nbsp;&nbsp;&nbsp; 1497962 | &nbsp;&nbsp;&nbsp;&nbsp; 3256201 |
| &nbsp;&nbsp;&nbsp; CK Hutchison Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 809000 | &nbsp;&nbsp;&nbsp;&nbsp; 5265784 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Europacific Partners plc | &nbsp;&nbsp;&nbsp;&nbsp; 65201 | &nbsp;&nbsp;&nbsp;&nbsp; 6319281 |
| &nbsp;&nbsp;&nbsp; Compass Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 518648 | &nbsp;&nbsp;&nbsp;&nbsp; 18225018 |
| &nbsp;&nbsp;&nbsp; ConvaTec Group plc (b) | &nbsp;&nbsp;&nbsp;&nbsp; 499534 | &nbsp;&nbsp;&nbsp;&nbsp; 1539078 |
| &nbsp;&nbsp;&nbsp; Croda International plc | &nbsp;&nbsp;&nbsp;&nbsp; 38120 | &nbsp;&nbsp;&nbsp;&nbsp; 1312002 |
| &nbsp;&nbsp;&nbsp; DCC plc | &nbsp;&nbsp;&nbsp;&nbsp; 29828 | &nbsp;&nbsp;&nbsp;&nbsp; 1868159 |
| &nbsp;&nbsp;&nbsp; Diageo plc | &nbsp;&nbsp;&nbsp;&nbsp; 674830 | &nbsp;&nbsp;&nbsp;&nbsp; 16356233 |
| &nbsp;&nbsp;&nbsp; Entain plc | &nbsp;&nbsp;&nbsp;&nbsp; 193871 | &nbsp;&nbsp;&nbsp;&nbsp; 2603441 |
| &nbsp;&nbsp;&nbsp; Halma plc | &nbsp;&nbsp;&nbsp;&nbsp; 115224 | &nbsp;&nbsp;&nbsp;&nbsp; 4930263 |
| &nbsp;&nbsp;&nbsp; Hikma Pharmaceuticals plc | &nbsp;&nbsp;&nbsp;&nbsp; 47604 | &nbsp;&nbsp;&nbsp;&nbsp; 1230434 |
| &nbsp;&nbsp;&nbsp; Hiscox Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 101943 | &nbsp;&nbsp;&nbsp;&nbsp; 1735609 |
| &nbsp;&nbsp;&nbsp; Howden Joinery Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 159725 | &nbsp;&nbsp;&nbsp;&nbsp; 1849068 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 5361002 | &nbsp;&nbsp;&nbsp;&nbsp; 65312943 |
| &nbsp;&nbsp;&nbsp; ICG plc | &nbsp;&nbsp;&nbsp;&nbsp; 88113 | &nbsp;&nbsp;&nbsp;&nbsp; 2522901 |
| &nbsp;&nbsp;&nbsp; Imperial Brands plc | &nbsp;&nbsp;&nbsp;&nbsp; 249503 | &nbsp;&nbsp;&nbsp;&nbsp; 9725474 |
| &nbsp;&nbsp;&nbsp; Informa plc | &nbsp;&nbsp;&nbsp;&nbsp; 367658 | &nbsp;&nbsp;&nbsp;&nbsp; 4204185 |
| &nbsp;&nbsp;&nbsp; InterContinental Hotels Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 46836 | &nbsp;&nbsp;&nbsp;&nbsp; 5388023 |
| &nbsp;&nbsp;&nbsp; International Consolidated Airlines Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 1056758 | &nbsp;&nbsp;&nbsp;&nbsp; 5280189 |
| &nbsp;&nbsp;&nbsp; Intertek Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 48402 | &nbsp;&nbsp;&nbsp;&nbsp; 3147099 |
| &nbsp;&nbsp;&nbsp; J Sainsbury plc | &nbsp;&nbsp;&nbsp;&nbsp; 520025 | &nbsp;&nbsp;&nbsp;&nbsp; 2079370 |
| &nbsp;&nbsp;&nbsp; JD Sports Fashion plc | &nbsp;&nbsp;&nbsp;&nbsp; 761396 | &nbsp;&nbsp;&nbsp;&nbsp; 854658 |
| &nbsp;&nbsp;&nbsp; Kingfisher plc | &nbsp;&nbsp;&nbsp;&nbsp; 515740 | &nbsp;&nbsp;&nbsp;&nbsp; 1833871 |
| &nbsp;&nbsp;&nbsp; Land Securities Group plc, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 224928 | &nbsp;&nbsp;&nbsp;&nbsp; 1710565 |
| &nbsp;&nbsp;&nbsp; Legal & General Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 1754750 | &nbsp;&nbsp;&nbsp;&nbsp; 5936435 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 18219473 | &nbsp;&nbsp;&nbsp;&nbsp; 18683129 |
| &nbsp;&nbsp;&nbsp; London Stock Exchange Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 145280 | &nbsp;&nbsp;&nbsp;&nbsp; 17708919 |
| &nbsp;&nbsp;&nbsp; M&G plc | &nbsp;&nbsp;&nbsp;&nbsp; 677960 | &nbsp;&nbsp;&nbsp;&nbsp; 2333469 |
| &nbsp;&nbsp;&nbsp; Melrose Industries plc | &nbsp;&nbsp;&nbsp;&nbsp; 360612 | &nbsp;&nbsp;&nbsp;&nbsp; 2434720 |
| &nbsp;&nbsp;&nbsp; National Grid plc | &nbsp;&nbsp;&nbsp;&nbsp; 1482856 | &nbsp;&nbsp;&nbsp;&nbsp; 20837218 |
| &nbsp;&nbsp;&nbsp; NatWest Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 2337025 | &nbsp;&nbsp;&nbsp;&nbsp; 16222653 |
| &nbsp;&nbsp;&nbsp; Next plc | &nbsp;&nbsp;&nbsp;&nbsp; 35347 | &nbsp;&nbsp;&nbsp;&nbsp; 5737561 |
| &nbsp;&nbsp;&nbsp; Pearson plc | &nbsp;&nbsp;&nbsp;&nbsp; 200798 | &nbsp;&nbsp;&nbsp;&nbsp; 2839476 |
| &nbsp;&nbsp;&nbsp; Persimmon plc | &nbsp;&nbsp;&nbsp;&nbsp; 92600 | &nbsp;&nbsp;&nbsp;&nbsp; 1396292 |
| &nbsp;&nbsp;&nbsp; Phoenix Group Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 226226 | &nbsp;&nbsp;&nbsp;&nbsp; 1978363 |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 206774 | &nbsp;&nbsp;&nbsp;&nbsp; 15496841 |
| &nbsp;&nbsp;&nbsp; RELX plc | &nbsp;&nbsp;&nbsp;&nbsp; 563749 | &nbsp;&nbsp;&nbsp;&nbsp; 29293012 |
| &nbsp;&nbsp;&nbsp; Rentokil Initial plc | &nbsp;&nbsp;&nbsp;&nbsp; 720426 | &nbsp;&nbsp;&nbsp;&nbsp; 3593807 |
| &nbsp;&nbsp;&nbsp; Rightmove plc | &nbsp;&nbsp;&nbsp;&nbsp; 235309 | &nbsp;&nbsp;&nbsp;&nbsp; 2539336 |
| &nbsp;&nbsp;&nbsp; Rolls-Royce Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 2539745 | &nbsp;&nbsp;&nbsp;&nbsp; 36046552 |
| &nbsp;&nbsp;&nbsp; Sage Group plc (The) | &nbsp;&nbsp;&nbsp;&nbsp; 294803 | &nbsp;&nbsp;&nbsp;&nbsp; 4733549 |
| &nbsp;&nbsp;&nbsp; Schroders plc | &nbsp;&nbsp;&nbsp;&nbsp; 258939 | &nbsp;&nbsp;&nbsp;&nbsp; 1330986 |
| &nbsp;&nbsp;&nbsp; Segro plc, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 375841 | &nbsp;&nbsp;&nbsp;&nbsp; 3203195 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United Kingdom — continued** | **United Kingdom — continued** | **United Kingdom — continued** |
| &nbsp;&nbsp;&nbsp; Severn Trent plc | &nbsp;&nbsp;&nbsp;&nbsp; 80152 | &nbsp;&nbsp;&nbsp;&nbsp; 2810717 |
| &nbsp;&nbsp;&nbsp; Smith & Nephew plc | &nbsp;&nbsp;&nbsp;&nbsp; 264813 | &nbsp;&nbsp;&nbsp;&nbsp; 4047127 |
| &nbsp;&nbsp;&nbsp; Smiths Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 101247 | &nbsp;&nbsp;&nbsp;&nbsp; 3136245 |
| &nbsp;&nbsp;&nbsp; Spirax Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 21607 | &nbsp;&nbsp;&nbsp;&nbsp; 1805668 |
| &nbsp;&nbsp;&nbsp; SSE plc | &nbsp;&nbsp;&nbsp;&nbsp; 331670 | &nbsp;&nbsp;&nbsp;&nbsp; 8129976 |
| &nbsp;&nbsp;&nbsp; Standard Chartered plc | &nbsp;&nbsp;&nbsp;&nbsp; 576562 | &nbsp;&nbsp;&nbsp;&nbsp; 10336014 |
| &nbsp;&nbsp;&nbsp; Taylor Wimpey plc | &nbsp;&nbsp;&nbsp;&nbsp; 1066743 | &nbsp;&nbsp;&nbsp;&nbsp; 1435288 |
| &nbsp;&nbsp;&nbsp; Tesco plc | &nbsp;&nbsp;&nbsp;&nbsp; 2032773 | &nbsp;&nbsp;&nbsp;&nbsp; 11420976 |
| &nbsp;&nbsp;&nbsp; Unilever plc | &nbsp;&nbsp;&nbsp;&nbsp; 751905 | &nbsp;&nbsp;&nbsp;&nbsp; 43625880 |
| &nbsp;&nbsp;&nbsp; United Utilities Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 206955 | &nbsp;&nbsp;&nbsp;&nbsp; 3089394 |
| &nbsp;&nbsp;&nbsp; Vodafone Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 6023073 | &nbsp;&nbsp;&nbsp;&nbsp; 6530201 |
| &nbsp;&nbsp;&nbsp; Weir Group plc (The) | &nbsp;&nbsp;&nbsp;&nbsp; 78715 | &nbsp;&nbsp;&nbsp;&nbsp; 2765329 |
| &nbsp;&nbsp;&nbsp; Whitbread plc | &nbsp;&nbsp;&nbsp;&nbsp; 49439 | &nbsp;&nbsp;&nbsp;&nbsp; 1986005 |
| &nbsp;&nbsp;&nbsp; Wise plc, Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 207170 | &nbsp;&nbsp;&nbsp;&nbsp; 2767582 |
| &nbsp;&nbsp;&nbsp; WPP plc | &nbsp;&nbsp;&nbsp;&nbsp; 324580 | &nbsp;&nbsp;&nbsp;&nbsp; 1757402 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 662525373 |
| **United States — 9.2%** | **United States — 9.2%** | **United States — 9.2%** |
| &nbsp;&nbsp;&nbsp; Alcon AG | &nbsp;&nbsp;&nbsp;&nbsp; 149263 | &nbsp;&nbsp;&nbsp;&nbsp; 13085586 |
| &nbsp;&nbsp;&nbsp; BP plc | &nbsp;&nbsp;&nbsp;&nbsp; 4764969 | &nbsp;&nbsp;&nbsp;&nbsp; 25541584 |
| &nbsp;&nbsp;&nbsp; Buzzi SpA | &nbsp;&nbsp;&nbsp;&nbsp; 23831 | &nbsp;&nbsp;&nbsp;&nbsp; 1244446 |
| &nbsp;&nbsp;&nbsp; CSL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 146611 | &nbsp;&nbsp;&nbsp;&nbsp; 25361393 |
| &nbsp;&nbsp;&nbsp; Experian plc | &nbsp;&nbsp;&nbsp;&nbsp; 278839 | &nbsp;&nbsp;&nbsp;&nbsp; 14692237 |
| &nbsp;&nbsp;&nbsp; Ferrovial SE | &nbsp;&nbsp;&nbsp;&nbsp; 137562 | &nbsp;&nbsp;&nbsp;&nbsp; 7051837 |
| &nbsp;&nbsp;&nbsp; GSK plc | &nbsp;&nbsp;&nbsp;&nbsp; 1231671 | &nbsp;&nbsp;&nbsp;&nbsp; 22655354 |
| &nbsp;&nbsp;&nbsp; Haleon plc | &nbsp;&nbsp;&nbsp;&nbsp; 2737005 | &nbsp;&nbsp;&nbsp;&nbsp; 12838396 |
| &nbsp;&nbsp;&nbsp; Holcim AG | &nbsp;&nbsp;&nbsp;&nbsp; 149616 | &nbsp;&nbsp;&nbsp;&nbsp; 11931866 |
| &nbsp;&nbsp;&nbsp; James Hardie Industries plc, CHDI \* | &nbsp;&nbsp;&nbsp;&nbsp; 130450 | &nbsp;&nbsp;&nbsp;&nbsp; 3423980 |
| &nbsp;&nbsp;&nbsp; Nestle SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 779617 | &nbsp;&nbsp;&nbsp;&nbsp; 68120658 |
| &nbsp;&nbsp;&nbsp; Novartis AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 573068 | &nbsp;&nbsp;&nbsp;&nbsp; 65265041 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 209447 | &nbsp;&nbsp;&nbsp;&nbsp; 65362760 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 8807 | &nbsp;&nbsp;&nbsp;&nbsp; 2926877 |
| &nbsp;&nbsp;&nbsp; Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp; 336490 | &nbsp;&nbsp;&nbsp;&nbsp; 30206960 |
| &nbsp;&nbsp;&nbsp; Schneider Electric SE | &nbsp;&nbsp;&nbsp;&nbsp; 163724 | &nbsp;&nbsp;&nbsp;&nbsp; 42370694 |
| &nbsp;&nbsp;&nbsp; Shell plc | &nbsp;&nbsp;&nbsp;&nbsp; 1805587 | &nbsp;&nbsp;&nbsp;&nbsp; 64880385 |
| &nbsp;&nbsp;&nbsp; Stellantis NV | &nbsp;&nbsp;&nbsp;&nbsp; 603551 | &nbsp;&nbsp;&nbsp;&nbsp; 5326403 |
| &nbsp;&nbsp;&nbsp; Swiss Re AG | &nbsp;&nbsp;&nbsp;&nbsp; 89162 | &nbsp;&nbsp;&nbsp;&nbsp; 15960122 |
| &nbsp;&nbsp;&nbsp; Tenaris SA | &nbsp;&nbsp;&nbsp;&nbsp; 112652 | &nbsp;&nbsp;&nbsp;&nbsp; 1967487 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 500214066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $4,429,370,437)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 5434280646 |
| **Short-Term Investments — 0.8%** | **Short-Term Investments — 0.8%** | **Short-Term Investments — 0.8%** |
| **Investment Companies — 0.3%** | **Investment Companies — 0.3%** | **Investment Companies — 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund Class IM Shares, 4.26% (c) (d) <br>(Cost $16,536,253)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 16536253 | &nbsp;&nbsp;&nbsp;&nbsp; 16536253 |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Short-Term Investments — continued** | **Short-Term Investments — continued** | **Short-Term Investments — continued** |
| **Investment of Cash Collateral from Securities Loaned — 0.5%** | **Investment of Cash Collateral from Securities Loaned — 0.5%** | **Investment of Cash Collateral from Securities Loaned — 0.5%** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.37% (c) (d)(Cost $27,694,475) | &nbsp;&nbsp;&nbsp;&nbsp; 27694476 | &nbsp;&nbsp;&nbsp;&nbsp; 27694476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $44,230,728)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 44230729 |
| **Total Investments — 100.3%** <br>**(Cost $4,473,601,165)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **5478511375** |
| **Liabilities in Excess of Other Assets — (0.3)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(15834969)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **5462676406** |

---

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

<br>Percentages indicated are based on net assets.<br>

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| ADR | American Depositary Receipt |
| APAC | Asia Pacific |
| CHDI | Clearing House Electronic Subregister System (CHESS) Depository Interest |
| CVA | Certificaten Van Aandelen (Dutch Certificate) |
| OYJ | Public Limited Company |
| Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference <br> shares may also have liquidation preference.<br>|
| REIT | Real Estate Investment Trust |
| SCA | Limited partnership with share capital |
| SGPS | Holding company |

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| ‡ | Value determined using significant unobservable inputs. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at July 31, 2025. The total value of securities on loan at July 31, 2025 is $25,882,767. |
| (b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities <br> offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have <br> restrictions on resale.<br>|
| (c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan <br> Investment Management Inc.<br>|
| (d) | The rate shown is the current yield as of July 31, 2025. |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

**Summary of Investments by Industry, July 31, 2025**

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of total investments:

---

| | |
|:---|:---|
| **INDUSTRY** | **PERCENT OF** <br>**TOTAL** <br>**INVESTMENTS**<br>|
| Banks | 13.9<br> %<br>|
| Pharmaceuticals | 7.6 |
| Insurance | 6.2 |
| Aerospace & Defense | 3.6 |
| Capital Markets | 3.4 |
| Oil, Gas & Consumable Fuels | 3.4 |
| Machinery | 3.1 |
| Semiconductors & Semiconductor Equipment | 3.0 |
| Electrical Equipment | 2.7 |
| Automobiles | 2.6 |
| Chemicals | 2.5 |
| Food Products | 2.3 |
| Metals & Mining | 2.3 |
| Industrial Conglomerates | 2.3 |
| Textiles, Apparel & Luxury Goods | 2.3 |
| Software | 2.0 |
| Diversified Telecommunication Services | 2.0 |
| Trading Companies & Distributors | 1.9 |
| Health Care Equipment & Supplies | 1.9 |
| Electric Utilities | 1.8 |
| Professional Services | 1.8 |
| Personal Care Products | 1.6 |
| Beverages | 1.3 |
| Hotels, Restaurants & Leisure | 1.3 |
| Financial Services | 1.2 |
| Consumer Staples Distribution & Retail | 1.2 |
| Household Durables | 1.1 |
| Real Estate Management & Development | 1.1 |
| Electronic Equipment, Instruments & Components | 1.1 |
| Wireless Telecommunication Services | 1.1 |
| Multi-Utilities | 1.0 |
| Broadline Retail | 1.0 |
| Building Products | 1.0 |
| Others (each less than 1.0%) | 12.6 |
| Short-Term Investments | 0.8 |

---

**Futures contracts outstanding as of July 31, 2025:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | &nbsp;&nbsp;&nbsp; **NUMBER OF** <br>**CONTRACTS**<br>| **EXPIRATION DATE** | **TRADING CURRENCY** | &nbsp;&nbsp;&nbsp; **NOTIONAL** <br>**AMOUNT ($)**<br>| &nbsp;&nbsp;&nbsp; **VALUE AND** <br>**UNREALIZED** <br>**APPRECIATION** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(DEPRECIATION) ($)**<br>|
| **Long Contracts** |  |  |  |  |  |
| MSCI EAFE Index | &nbsp;&nbsp;&nbsp;&nbsp; 196 | &nbsp;&nbsp;&nbsp;&nbsp; 09/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 25607400 | &nbsp;&nbsp;&nbsp;&nbsp; 174926 |

---

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| EAFE | Europe, Australasia and Far East |

---

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

MSCI Morgan Stanley Capital International <br> USD United States Dollar

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

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

**A. Valuation of Investments**— Investments are valued in accordance with U.S. generally accepted accounting principles ("GAAP") and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the "Board"), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required to determine fair value for securities that do not have readily available market quotations. Under Securities and Exchange Commission Rule 2a-5 (Good Faith Determinations of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the "Valuation Designee" to perform fair valuation determinations for the Fund on behalf of the Board subject to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee ("AVC") to help oversee and carry out the policies for the valuation of investments held in the Fund. The Adviser, as Valuation Designee, remains responsible for the valuation determinations.

This oversight by the AVC includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.

A market-based approach is primarily used to value the Fund's investments. Investments for which market quotations are not readily available are fair valued using prices supplied by approved affiliated and/or unaffiliated pricing vendors or third party broker-dealers (collectively referred to as "Pricing Services"), or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity and industry. It is possible that the estimated values may differ significantly from the values that would have been used had a ready market for the investments existed, and such differences could be material.

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset value ("NAV") of the Fund is calculated on a valuation date. Certain foreign equity instruments are valued by applying international fair value factors provided by approved Pricing Services. The factors seek to adjust the local closing price for movements of local markets post-closing, but prior to the time the NAV is calculated.

Investments in open-end investment companies ("Underlying Funds") are valued at each Underlying Fund's NAVs per share as of the report date.

Futures contracts are generally valued on the basis of available market quotations.

Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.

The various inputs that are used in determining the valuation of the Fund's investments are summarized into the three broad levels listed below.

• Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.

• Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs.

• Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund's assumptions in determining the fair value of investments).

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

The following table represents each valuation input as presented on the Schedule of Portfolio Investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Investments in Securities** |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Australia | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $392118733 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $392118733 |
| &nbsp;&nbsp;&nbsp; Austria | &nbsp;&nbsp;&nbsp;&nbsp; 278786 | &nbsp;&nbsp;&nbsp;&nbsp; 19407203 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19685989 |
| &nbsp;&nbsp;&nbsp; Belgium | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 48416193 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 48416193 |
| &nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1814126 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1814126 |
| &nbsp;&nbsp;&nbsp; Chile | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2590013 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2590013 |
| &nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp;&nbsp;&nbsp; 834210 | &nbsp;&nbsp;&nbsp;&nbsp; 27918658 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 28752868 |
| &nbsp;&nbsp;&nbsp; Denmark | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 101843458 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 101843458 |
| &nbsp;&nbsp;&nbsp; Finland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 59488177 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 59488177 |
| &nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 494164182 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 494164182 |
| &nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp;&nbsp;&nbsp; 3066760 | &nbsp;&nbsp;&nbsp;&nbsp; 529605309 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 532672069 |
| &nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 107234480 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 107234480 |
| &nbsp;&nbsp;&nbsp; Ireland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8019783 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8019783 |
| &nbsp;&nbsp;&nbsp; Israel | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 36182727 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 36182727 |
| &nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 177618924 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 177618924 |
| &nbsp;&nbsp;&nbsp; Japan | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1281071064 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1281071064 |
| &nbsp;&nbsp;&nbsp; Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8506953 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8506953 |
| &nbsp;&nbsp;&nbsp; Macau | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4963328 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4963328 |
| &nbsp;&nbsp;&nbsp; Mexico | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1025781 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1025781 |
| &nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 202805764 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 202805764 |
| &nbsp;&nbsp;&nbsp; New Zealand | &nbsp;&nbsp;&nbsp;&nbsp; 6979644 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6979644 |
| &nbsp;&nbsp;&nbsp; Norway | &nbsp;&nbsp;&nbsp;&nbsp; 887108 | &nbsp;&nbsp;&nbsp;&nbsp; 33322528 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 34209636 |
| &nbsp;&nbsp;&nbsp; Poland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25431178 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25431178 |
| &nbsp;&nbsp;&nbsp; Portugal | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8085665 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8085665 |
| &nbsp;&nbsp;&nbsp; Russia | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>|
| &nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 78731593 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 78731593 |
| &nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 9118492 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 9118492 |
| &nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp;&nbsp;&nbsp; 3779487 | &nbsp;&nbsp;&nbsp;&nbsp; 167682218 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 171461705 |
| &nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp;&nbsp;&nbsp; 163956 | &nbsp;&nbsp;&nbsp;&nbsp; 182525891 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 182689847 |
| &nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 245858835 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 245858835 |
| &nbsp;&nbsp;&nbsp; United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>|
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp; 6319281 | &nbsp;&nbsp;&nbsp;&nbsp; 656206092 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 662525373 |
| &nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 500214066 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 500214066 |
| &nbsp;&nbsp;&nbsp; Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 22309232 | &nbsp;&nbsp;&nbsp;&nbsp; 5411971414 | &nbsp;&nbsp;&nbsp;&nbsp; —<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 5434280646 |
| Short-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 16536253 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16536253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment of Cash Collateral from Securities <br> Loaned<br>| &nbsp;&nbsp;&nbsp;&nbsp; 27694476 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 27694476 |
| &nbsp;&nbsp;&nbsp; Total Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 44230729 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 44230729 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; $66539961 | &nbsp;&nbsp;&nbsp;&nbsp; $5411971414 | &nbsp;&nbsp;&nbsp;&nbsp; $—<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $5478511375 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; $174926 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $174926 |

---

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

 <br> (a) Value is zero.

------

**JPMorgan BetaBuilders International Equity ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

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

**B. Investment Transactions with Affiliates**— The Fund invested in Underlying Funds advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated issuers. The Underlying Funds' distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** |
| **Security Description** | **Value at** <br>**October 31,** <br>**2024**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**July 31,** <br>**2025**<br>| **Shares at** <br>**July 31,** <br>**2025**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending <br> Money Market Fund Agency <br> SL Class Shares, 4.37% <br> (a) (b)<br>| $15951317 | $382078355 | $370335196 | $— | $— | $27694476 | 27694476 | $1270194 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government <br> Money Market Fund Class IM <br> Shares, 4.26% (a) (b)<br>| 19826097 | 245921891 | 249211735 |  |  | 16536253 | 16536253 | 817892 |  |
| **Total** | $35777414 | $628000246 | $619546931 | $— | $— | $44230729 |  | $2088086 | $— |

---

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

 <br> (a) Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. <br> (b) The rate shown is the current yield as of July 31, 2025.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** J.P. Morgan Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22903

- **c. CIK number of Registrant:** 0001485894

- **d. LEI of Registrant:** 5493001E1K1DVWDV2464

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 844-457-6383

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

- **a. Name of Series:** JPMorgan BetaBuilders International Equity ETF

- **b. EDGAR series identifier (if any):** S000067203

- **c. LEI of Series:** 549300BU8GZGI7U5FB20

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $5490739858.11

**Total Liabilities:** $28077130.91

**Net Assets:** $5462662727.20

**Cash Not Reported:** $694042.71

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000216193 | 4.46%                | 2.46%                | -2.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $43960795.38             | $149122591.63                              |
| Month 2  | $-14546318.36            | $136861722.64                              |
| Month 3  | $-27899.32               | $-135021800.69                             |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MonotaRO Co. Ltd.                              | MonotaRO Co. Ltd.                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     75300 | NS      | $1340861.17   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SKF AB                                         | SKF AB, Class B                                                       | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |    109114 | NS      | $2541533.40   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Square Enix Holdings Co. Ltd.                  | Square Enix Holdings Co. Ltd.                                         | CUSIP: N/A<br>LEI: 529900KCRNRDF8DIA489       | Long             | EC               | CORP              | JP        |     23600 | NS      | $1595505.46   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Partners Group Holding AG                      | Partners Group Holding AG                                             | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |      6541 | NS      | $8793046.08   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Orange SA                                      | Orange SA                                                             | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |    555368 | NS      | $8447747.90   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities Lending Money Market Fund  | JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares | CUSIP: 46645V642<br>LEI: 5493002FD4HXUJXMRO62 | Long             | STIV             | RF                | US        |  27694476 | NS      | $27694475.50  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MEIJI Holdings Co. Ltd.                        | MEIJI Holdings Co. Ltd.                                               | CUSIP: N/A<br>LEI: 5299002D52YIP6DWMV49       | Long             | EC               | CORP              | JP        |     75400 | NS      | $1524662.12   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Italia SpA                             | Telecom Italia SpA                                                    | CUSIP: N/A<br>LEI: 549300W384M3RI3VXU42       | Long             | EC               | CORP              | IT        |   1833263 | NS      | $944088.52    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                   | Mizuho Financial Group, Inc.                                          | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |    761600 | NS      | $22338993.31  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui & Co. Ltd.                              | Mitsui & Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |    785800 | NS      | $15996250.36  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Yaskawa Electric Corp.                         | Yaskawa Electric Corp.                                                | CUSIP: N/A<br>LEI: 3538003K39GR98R0CK58       | Long             | EC               | CORP              | JP        |     76700 | NS      | $1604240.63   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Sagax AB                                       | Sagax AB, Class B                                                     | CUSIP: N/A<br>LEI: 549300LJX28T6OM8DT95       | Long             | EC               | CORP              | SE        |     65238 | NS      | $1380803.05   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Experian plc                                   | Experian plc                                                          | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |    278839 | NS      | $14692236.55  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Novonesis Novozymes B                          | Novonesis Novozymes B                                                 | CUSIP: N/A<br>LEI: 529900T6WNZXD2R3JW38       | Long             | EC               | CORP              | DK        |    104932 | NS      | $6788845.60   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Idemitsu Kosan Co. Ltd.                        | Idemitsu Kosan Co. Ltd.                                               | CUSIP: N/A<br>LEI: 549300P0R46FF6DUA630       | Long             | EC               | CORP              | JP        |    260100 | NS      | $1672083.10   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HAL Trust                                      | HAL Trust                                                             | CUSIP: N/A<br>LEI: 5493000O3IE3DNOY3R07       | Long             | EC               | CORP              | BM        |     10804 | NS      | $1533065.83   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Scentre Group                                  | Scentre Group                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1575291 | NS      | $3770048.30   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Aeroports de Paris SA                          | Aeroports de Paris SA                                                 | CUSIP: N/A<br>LEI: 969500PJMBSFHYC37989       | Long             | EC               | CORP              | FR        |     10887 | NS      | $1321404.88   | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| SoftBank Group Corp.                           | SoftBank Group Corp.                                                  | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | EC               | CORP              | JP        |    288500 | NS      | $22029559.05  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution AB                                   | Evolution AB                                                          | CUSIP: N/A<br>LEI: 549300SUH6ZR1RF6TA88       | Long             | EC               | CORP              | SE        |     55167 | NS      | $4907717.69   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Keppel Ltd.                                    | Keppel Ltd.                                                           | CUSIP: N/A<br>LEI: 254900SQ7IPDOY6IDW33       | Long             | EC               | CORP              | SG        |    429700 | NS      | $2791693.40   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                 | BAWAG Group AG                                                        | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |     22993 | NS      | $2901890.71   | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| T&D Holdings, Inc.                             | T&D Holdings, Inc.                                                    | CUSIP: N/A<br>LEI: 3538008ARJ1MACEWA242       | Long             | EC               | CORP              | JP        |    147300 | NS      | $3596880.09   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG  | Muenchener Rueckversicherungs-Gesellschaft AG (Registered)            | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |     39882 | NS      | $26109590.30  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Healthineers AG                        | Siemens Healthineers AG                                               | CUSIP: N/A<br>LEI: 529900QBVWXMWANH7H45       | Long             | EC               | CORP              | DE        |     81876 | NS      | $4410058.47   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Rio Tinto Ltd.                                 | Rio Tinto Ltd.                                                        | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |    112664 | NS      | $8012434.33   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Telenor ASA                                    | Telenor ASA                                                           | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |    188739 | NS      | $2895426.84   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                                   | Mirvac Group                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1191573 | NS      | $1709657.86   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa House Industry Co. Ltd.                  | Daiwa House Industry Co. Ltd.                                         | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |    187600 | NS      | $6202230.52   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| EQT AB                                         | EQT AB                                                                | CUSIP: N/A<br>LEI: 213800U7P9GOIRKCTB34       | Long             | EC               | CORP              | SE        |    212659 | NS      | $7107936.76   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantest Corp.                                | Advantest Corp.                                                       | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |    223600 | NS      | $14869207.98  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Infrastrutture Wireless Italiane SpA           | Infrastrutture Wireless Italiane SpA                                  | CUSIP: N/A<br>LEI: 81560066183FE361C071       | Long             | EC               | CORP              | IT        |     95368 | NS      | $1127470.01   | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Atlas Copco AB                                 | Atlas Copco AB, Class B                                               | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |    473728 | NS      | $6411037.07   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Ajinomoto Co., Inc.                            | Ajinomoto Co., Inc.                                                   | CUSIP: N/A<br>LEI: 353800UT0TLROREPIC92       | Long             | EC               | CORP              | JP        |    289000 | NS      | $7645911.28   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Trelleborg AB                                  | Trelleborg AB, Class B                                                | CUSIP: N/A<br>LEI: 213800XY16PAWG2PAD14       | Long             | EC               | CORP              | SE        |     60908 | NS      | $2213080.76   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Indutrade AB                                   | Indutrade AB                                                          | CUSIP: N/A<br>LEI: 549300FISLQ6CEFP1867       | Long             | EC               | CORP              | SE        |     81161 | NS      | $1970946.22   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Pan Asia Commercial Trust            | Mapletree Pan Asia Commercial Trust                                   | CUSIP: N/A<br>LEI: 549300BF18K4IC5LZ208       | Long             | EC               | CORP              | SG        |    678200 | NS      | $672031.63    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Antofagasta plc                                | Antofagasta plc                                                       | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    105022 | NS      | $2590013.53   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                   | ING Groep NV                                                          | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |    916640 | NS      | $21362703.94  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Symrise AG                                     | Symrise AG                                                            | CUSIP: N/A<br>LEI: 529900D82I6R9601CF26       | Long             | EC               | CORP              | DE        |     38095 | NS      | $3453209.03   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group NV                                    | NN Group NV                                                           | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |     81166 | NS      | $5465368.61   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Wharf Holdings Ltd. (The)                      | Wharf Holdings Ltd. (The)                                             | CUSIP: N/A<br>LEI: 254900JCV4TBBPX9IW91       | Long             | EC               | CORP              | HK        |    293000 | NS      | $834210.19    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| RWE AG                                         | RWE AG                                                                | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |    205201 | NS      | $8418419.99   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncorp Group Ltd.                             | Suncorp Group Ltd.                                                    | CUSIP: N/A<br>LEI: 549300BVOKRTHDIWVT46       | Long             | EC               | CORP              | AU        |    328123 | NS      | $4398414.12   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEOS Holdings, Inc.                           | ENEOS Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 3538001KQ5SAOZSQTT44       | Long             | EC               | CORP              | JP        |    816400 | NS      | $4284986.17   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Subaru Corp.                                   | Subaru Corp.                                                          | CUSIP: N/A<br>LEI: 549300N244BVAEE6HH86       | Long             | EC               | CORP              | JP        |    173900 | NS      | $3199033.47   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Vestas Wind Systems A/S                        | Vestas Wind Systems A/S                                               | CUSIP: N/A<br>LEI: 549300DYMC8BGZZC8844       | Long             | EC               | CORP              | DK        |    304494 | NS      | $5559478.76   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp.                               | Sony Group Corp.                                                      | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |   1826900 | NS      | $43943004.68  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Sampo OYJ                                      | Sampo OYJ, Class A                                                    | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |    767031 | NS      | $8233069.76   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd.                                       | CSL Ltd.                                                              | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |    146611 | NS      | $25361393.20  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Copco AB                                 | Atlas Copco AB, Class A                                               | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |    768050 | NS      | $11696162.62  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Toray Industries, Inc.                         | Toray Industries, Inc.                                                | CUSIP: N/A<br>LEI: 35380099TCYR5FHT0A11       | Long             | EC               | CORP              | JP        |    450900 | NS      | $3084092.43   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Link REIT                                      | Link                                                                  | CUSIP: N/A<br>LEI: 529900XUE70U36QX5M62       | Long             | EC               | CORP              | HK        |    777600 | NS      | $4332596.69   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen NV                                       | Adyen NV                                                              | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |      8838 | NS      | $15158514.11  | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CK Infrastructure Holdings Ltd.                | CK Infrastructure Holdings Ltd.                                       | CUSIP: N/A<br>LEI: 5299005U11RQ1C27MR12       | Long             | EC               | CORP              | BM        |    185500 | NS      | $1306474.77   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                                  | Goodman Group                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    583237 | NS      | $13040287.25  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group plc (The)                           | Weir Group plc (The)                                                  | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |     78715 | NS      | $2765328.88   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Informa plc                                    | Informa plc                                                           | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | EC               | CORP              | GB        |    367658 | NS      | $4204184.80   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                 | Commonwealth Bank of Australia                                        | CUSIP: N/A<br>LEI: MSFSBD3QN1GSN7Q6C537       | Long             | EC               | CORP              | AU        |    508221 | NS      | $57698110.83  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissin Foods Holdings Co. Ltd.                 | Nissin Foods Holdings Co. Ltd.                                        | CUSIP: N/A<br>LEI: 529900YMZMNSHC1W6V41       | Long             | EC               | CORP              | JP        |     69200 | NS      | $1312593.78   | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Beijer Ref AB                                  | Beijer Ref AB                                                         | CUSIP: N/A<br>LEI: 549300PZZEUVH08H4G75       | Long             | EC               | CORP              | SE        |    113300 | NS      | $1901955.26   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Amadeus IT Group SA                            | Amadeus IT Group SA                                                   | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |    132196 | NS      | $10614525.27  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| JDE Peet's NV                                  | JDE Peet's NV                                                         | CUSIP: N/A<br>LEI: 724500EHG519SE5ZRT89       | Long             | EC               | CORP              | NL        |     46948 | NS      | $1392247.26   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA                       | Jeronimo Martins SGPS SA                                              | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |     83540 | NS      | $2036510.93   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hong Kong & China Gas Co. Ltd.                 | Hong Kong & China Gas Co. Ltd.                                        | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |   3313100 | NS      | $2957151.16   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Julius Baer Group Ltd.                         | Julius Baer Group Ltd.                                                | CUSIP: N/A<br>LEI: 5299007MF0604ZGJER92       | Long             | EC               | CORP              | CH        |     59902 | NS      | $4053228.14   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian SpA                                   | Prysmian SpA                                                          | CUSIP: N/A<br>LEI: 529900X0H1IO3RS1A464       | Long             | EC               | CORP              | IT        |     86344 | NS      | $6895735.42   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma plc                                      | Halma plc                                                             | CUSIP: N/A<br>LEI: 2138007FRGLUR9KGBT40       | Long             | EC               | CORP              | GB        |    115224 | NS      | $4930262.99   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp.                              | Asahi Kasei Corp.                                                     | CUSIP: N/A<br>LEI: 353800GPI4Z3MGDGN142       | Long             | EC               | CORP              | JP        |    412200 | NS      | $2867988.43   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                      | Danone SA                                                             | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |    194807 | NS      | $15942404.19  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                      | Sanofi SA                                                             | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    336490 | NS      | $30206960.09  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Howden Joinery Group plc                       | Howden Joinery Group plc                                              | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |    159725 | NS      | $1849068.50   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Oversea-Chinese Banking Corp. Ltd.             | Oversea-Chinese Banking Corp. Ltd.                                    | CUSIP: N/A<br>LEI: 5493007O3QFXCPOGWK22       | Long             | EC               | CORP              | SG        |    988900 | NS      | $12815319.81  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Next plc                                       | Next plc                                                              | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |     35347 | NS      | $5737561.10   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Bank Co. Ltd.                       | Japan Post Bank Co. Ltd.                                              | CUSIP: N/A<br>LEI: 5493006JVO6N2HC2XZ76       | Long             | EC               | CORP              | JP        |    547800 | NS      | $6114158.08   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortescue Ltd.                                 | Fortescue Ltd.                                                        | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |    481254 | NS      | $5445033.95   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                        | GSK plc                                                               | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |   1231671 | NS      | $22655354.37  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Brambles Ltd.                                  | Brambles Ltd.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    416631 | NS      | $6374225.38   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondi plc                                      | Mondi plc                                                             | CUSIP: N/A<br>LEI: 213800LOZA69QFDC9N34       | Long             | EC               | CORP              | GB        |    133970 | NS      | $1811038.27   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ICG plc                                        | ICG plc                                                               | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |     88113 | NS      | $2522901.49   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Corp.                                 | Sumitomo Corp.                                                        | CUSIP: N/A<br>LEI: V82KK8NH1P0JS71FJC05       | Long             | EC               | CORP              | JP        |    370800 | NS      | $9477564.87   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Airlines Co. Ltd.                        | Japan Airlines Co. Ltd.                                               | CUSIP: N/A<br>LEI: 3538002MH5L1QZZ93477       | Long             | EC               | CORP              | JP        |     43800 | NS      | $869758.61    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Fastighets AB Balder                           | Fastighets AB Balder, Class B                                         | CUSIP: N/A<br>LEI: 549300GHKJCEZOAEUU82       | Long             | EC               | CORP              | SE        |    211204 | NS      | $1426069.58   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Daito Trust Construction Co. Ltd.              | Daito Trust Construction Co. Ltd.                                     | CUSIP: N/A<br>LEI: 353800QQ4DRI3KXS3038       | Long             | EC               | CORP              | JP        |     18900 | NS      | $1934938.93   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV                         | Koninklijke Philips NV                                                | CUSIP: N/A<br>LEI: H1FJE8H61JGM1JSGM897       | Long             | EC               | CORP              | NL        |    240413 | NS      | $6278469.95   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                   | British American Tobacco plc                                          | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    601503 | NS      | $32226940.05  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                    | Swedbank AB, Class A                                                  | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |    299729 | NS      | $7981198.74   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sino Land Co. Ltd.                             | Sino Land Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 529900G5P51053HJVZ92       | Long             | EC               | CORP              | HK        |   1102000 | NS      | $1270274.89   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NMC Health plc                                 | NMC Health plc                                                        | CUSIP: N/A<br>LEI: 2138008YQEVWBE1V2M52       | Long             | EC               | CORP              | GB        |       300 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Recruit Holdings Co. Ltd.                      | Recruit Holdings Co. Ltd.                                             | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |    437000 | NS      | $25927719.51  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Kirin Holdings Co. Ltd.                        | Kirin Holdings Co. Ltd.                                               | CUSIP: 497350108<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |    246400 | NS      | $3246978.65   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd.                                   | Komatsu Ltd.                                                          | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |    280100 | NS      | $9024234.11   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| MatsukiyoCocokara & Co.                        | MatsukiyoCocokara & Co.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    116200 | NS      | $2386131.09   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| adidas AG                                      | adidas AG                                                             | CUSIP: N/A<br>LEI: 549300JSX0Z4CW0V5023       | Long             | EC               | CORP              | DE        |     54191 | NS      | $10357474.25  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Entain plc                                     | Entain plc                                                            | CUSIP: N/A<br>LEI: 213800GNI3K45LQR8L28       | Long             | EC               | CORP              | IM        |    193871 | NS      | $2603440.61   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sartorius Stedim Biotech                       | Sartorius Stedim Biotech                                              | CUSIP: N/A<br>LEI: 52990006IVXY7GCSSR39       | Long             | EC               | CORP              | FR        |      7759 | NS      | $1550486.05   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sartorius AG                                   | Sartorius AG (Preference)                                             | CUSIP: N/A<br>LEI: 529900EQV2DY4FOAMU38       | Long             | EC               | CORP              | DE        |      7566 | NS      | $1611194.59   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Budweiser Brewing Co. APAC Ltd.                | Budweiser Brewing Co. APAC Ltd.                                       | CUSIP: N/A<br>LEI: 549300YF1MR4GTF18132       | Long             | EC               | CORP              | KY        |    514900 | NS      | $540512.83    | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Sika AG                                        | Sika AG (Registered)                                                  | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |     48657 | NS      | $11482063.54  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Entertainment Group Ltd.                | Galaxy Entertainment Group Ltd.                                       | CUSIP: N/A<br>LEI: 549300ZSEBV3HR826S10       | Long             | EC               | CORP              | HK        |    683000 | NS      | $3330761.85   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Holdings, Inc.                   | Dai-ichi Life Holdings, Inc.                                          | CUSIP: N/A<br>LEI: 549300ZUFXI7JXZVTZ25       | Long             | EC               | CORP              | JP        |   1117200 | NS      | $8839490.29   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Whitbread plc                                  | Whitbread plc                                                         | CUSIP: N/A<br>LEI: 21380099VMZKRMN3EX36       | Long             | EC               | CORP              | GB        |     49439 | NS      | $1986005.31   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Boerse AG                             | Deutsche Boerse AG                                                    | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |     55764 | NS      | $16137400.15  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonic Healthcare Ltd.                          | Sonic Healthcare Ltd.                                                 | CUSIP: N/A<br>LEI: 549300NQQ5L2NONWR862       | Long             | EC               | CORP              | AU        |    141138 | NS      | $2492335.25   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Industries Ltd.            | Teva Pharmaceutical Industries Ltd.                                   | CUSIP: N/A<br>LEI: 549300BAFGM4RC74ZJ94       | Long             | EC               | CORP              | IL        |    347757 | NS      | $5449678.70   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Holdings, Inc.                             | SBI Holdings, Inc.                                                    | CUSIP: N/A<br>LEI: 353800L6LMHYIPSMRQ17       | Long             | EC               | CORP              | JP        |     91400 | NS      | $3395314.75   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Group plc                              | Compass Group plc                                                     | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |    518648 | NS      | $18225018.19  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Nitto Denko Corp.                              | Nitto Denko Corp.                                                     | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |    210900 | NS      | $4364346.03   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Wharf Real Estate Investment Co. Ltd.          | Wharf Real Estate Investment Co. Ltd.                                 | CUSIP: N/A<br>LEI: 529900QLPKS8U9QOPB59       | Long             | EC               | CORP              | KY        |    429000 | NS      | $1361994.97   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group plc                             | Vodafone Group plc                                                    | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |   6023073 | NS      | $6530201.05   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Metso OYJ                                      | Metso OYJ                                                             | CUSIP: N/A<br>LEI: 549300R0VN9C371W0E07       | Long             | EC               | CORP              | FI        |    213174 | NS      | $2677314.60   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| D'ieteren Group                                | D'ieteren Group                                                       | CUSIP: N/A<br>LEI: 549300DV5KJ23OKVTW34       | Long             | EC               | CORP              | BE        |      6169 | NS      | $1218582.52   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Investment Ltd.                     | CapitaLand Investment Ltd.                                            | CUSIP: N/A<br>LEI: 254900AT4UQDU7SNXX49       | Long             | EC               | CORP              | SG        |    664400 | NS      | $1415041.46   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AP Moller - Maersk A/S                         | AP Moller - Maersk A/S, Class B                                       | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |      1218 | NS      | $2405259.61   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                         | Mercedes-Benz Group AG                                                | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |    211875 | NS      | $11996421.83  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Elisa OYJ                                      | Elisa OYJ                                                             | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |     43567 | NS      | $2241641.38   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| EssilorLuxottica SA                            | EssilorLuxottica SA                                                   | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |     87246 | NS      | $25942995.00  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Neste OYJ                                      | Neste OYJ                                                             | CUSIP: N/A<br>LEI: 5493009GY1X8GQ66AM14       | Long             | EC               | CORP              | FI        |    129211 | NS      | $2039291.07   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Vend Marketplaces ASA                          | Vend Marketplaces ASA, Class B                                        | CUSIP: N/A<br>LEI: 5967007LIEEXZXHT0O36       | Long             | EC               | CORP              | NO        |     28456 | NS      | $1069198.96   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                       | Svenska Handelsbanken AB, Class A                                     | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |    420844 | NS      | $5127722.57   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Argenx SE                                      | Argenx SE                                                             | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |     17690 | NS      | $11881131.68  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Coloplast A/S                                  | Coloplast A/S, Class B                                                | CUSIP: N/A<br>LEI: 529900NN7SOJ5QG82X67       | Long             | EC               | CORP              | DK        |     43716 | NS      | $3992671.59   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Groupe Bruxelles Lambert NV                    | Groupe Bruxelles Lambert NV                                           | CUSIP: N/A<br>LEI: 549300KV0ZEHT2KVU152       | Long             | EC               | CORP              | BE        |     24515 | NS      | $2049457.09   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Gas Co. Ltd.                             | Tokyo Gas Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 353800678EIJLOQSWZ83       | Long             | EC               | CORP              | JP        |    111900 | NS      | $3747374.05   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays plc                                   | Barclays plc                                                          | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | CORP              | GB        |   4330123 | NS      | $21165731.18  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Bank Slaski SA                             | ING Bank Slaski SA                                                    | CUSIP: N/A<br>LEI: 259400YLRTOBISHBVX41       | Long             | EC               | CORP              | PL        |      9893 | NS      | $876865.19    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                       | Lloyds Banking Group plc                                              | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |  18219473 | NS      | $18683128.83  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Tenaris SA                                     | Tenaris SA                                                            | CUSIP: N/A<br>LEI: 549300Y7C05BKC4HZB40       | Long             | EC               | CORP              | LU        |    112652 | NS      | $1967487.47   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Akzo Nobel NV                                  | Akzo Nobel NV                                                         | CUSIP: N/A<br>LEI: 724500XYIJUGXAA5QD70       | Long             | EC               | CORP              | NL        |     49963 | NS      | $3137749.03   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas SA                                                        | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |    314373 | NS      | $28663989.54  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonova Holding AG                              | Sonova Holding AG (Registered)                                        | CUSIP: N/A<br>LEI: 5299004A0QNX7FBNHS61       | Long             | EC               | CORP              | CH        |     14804 | NS      | $4029767.02   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB AB                                        | SSAB AB, Class A                                                      | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |     64796 | NS      | $373655.91    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamaha Motor Co. Ltd.                          | Yamaha Motor Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 3538004LR5NXILJDHY88       | Long             | EC               | CORP              | JP        |    294200 | NS      | $2127897.82   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                  | Industria de Diseno Textil SA                                         | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |    336356 | NS      | $16066742.35  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Lasertec Corp.                                 | Lasertec Corp.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     24900 | NS      | $2508643.85   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Legal & General Group plc                      | Legal & General Group plc                                             | CUSIP: N/A<br>LEI: 213800JH9QQWHLO99821       | Long             | EC               | CORP              | GB        |   1754750 | NS      | $5936434.94   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Cellulosa AB SCA                       | Svenska Cellulosa AB SCA, Class B                                     | CUSIP: N/A<br>LEI: 549300FW5JDRV1IJ0M67       | Long             | EC               | CORP              | SE        |    146174 | NS      | $1833190.60   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Group, Inc.              | Sumitomo Mitsui Trust Group, Inc.                                     | CUSIP: N/A<br>LEI: 353800P843RLCDBLNT17       | Long             | EC               | CORP              | JP        |    215700 | NS      | $5654524.75   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie de Saint-Gobain SA                         | Cie de Saint-Gobain SA                                                | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |    137566 | NS      | $15781179.91  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Lottery Corp. Ltd. (The)                       | Lottery Corp. Ltd. (The)                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    675527 | NS      | $2342986.52   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Dexus                                          | Dexus                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    324803 | NS      | $1466359.16   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ZOZO, Inc.                                     | ZOZO, Inc.                                                            | CUSIP: N/A<br>LEI: 549300GC7XPQMZA0OW13       | Long             | EC               | CORP              | JP        |    123500 | NS      | $1222572.51   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Pandora A/S                                    | Pandora A/S                                                           | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |     23717 | NS      | $3915574.13   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Kering SA                                      | Kering SA                                                             | CUSIP: N/A<br>LEI: 549300VGEJKB7SVUZR78       | Long             | EC               | CORP              | FR        |     21354 | NS      | $5243378.67   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                               | Deutsche Post AG                                                      | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |    288053 | NS      | $12906428.27  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Auckland International Airport Ltd.            | Auckland International Airport Ltd.                                   | CUSIP: N/A<br>LEI: 549300HFZIZDJWB7AK60       | Long             | EC               | CORP              | NZ        |    460884 | NS      | $2044445.94   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Terna - Rete Elettrica Nazionale               | Terna - Rete Elettrica Nazionale                                      | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | EC               | CORP              | IT        |    426739 | NS      | $4129107.35   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Life Holding AG                          | Swiss Life Holding AG (Registered)                                    | CUSIP: N/A<br>LEI: 5493000KUC3Z24U77V93       | Long             | EC               | CORP              | CH        |      8624 | NS      | $8932723.50   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimizu Corp.                                  | Shimizu Corp.                                                         | CUSIP: N/A<br>LEI: 353800BRAE0QFP3ZLY22       | Long             | EC               | CORP              | JP        |    170000 | NS      | $1883255.03   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimano, Inc.                                  | Shimano, Inc.                                                         | CUSIP: N/A<br>LEI: 529900L32YT3P9DECR10       | Long             | EC               | CORP              | JP        |     24500 | NS      | $2680201.20   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG         | Chocoladefabriken Lindt & Spruengli AG                                | CUSIP: N/A<br>LEI: 529900JYJNNOKKAGK736       | Long             | EC               | CORP              | CH        |       296 | NS      | $4354329.97   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Dentsu Group, Inc.                             | Dentsu Group, Inc.                                                    | CUSIP: N/A<br>LEI: 5299007PBBE83ZLJZG91       | Long             | EC               | CORP              | JP        |     68400 | NS      | $1348889.19   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd.                   | Sun Hung Kai Properties Ltd.                                          | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |    515000 | NS      | $6116899.18   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Sanso Holdings Corp.                    | Nippon Sanso Holdings Corp.                                           | CUSIP: N/A<br>LEI: 353800F1K6653B4VPY57       | Long             | EC               | CORP              | JP        |     59600 | NS      | $2109455.51   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Honda Motor Co. Ltd.                           | Honda Motor Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 549300P7ZYCQJ36CCS16       | Long             | EC               | CORP              | JP        |   1283100 | NS      | $13283812.40  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Co. Ltd.                     | Mitsubishi Estate Co. Ltd.                                            | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |    378100 | NS      | $7078949.16   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai Nippon Printing Co. Ltd.                   | Dai Nippon Printing Co. Ltd.                                          | CUSIP: N/A<br>LEI: 529900S7NFNQ4FT6OP83       | Long             | EC               | CORP              | JP        |    137000 | NS      | $2109727.75   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Ageas SA                                       | Ageas SA                                                              | CUSIP: N/A<br>LEI: 5493005DJBML6LY3RV36       | Long             | EC               | CORP              | BE        |     51577 | NS      | $3506839.20   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Lotus Bakeries NV                              | Lotus Bakeries NV                                                     | CUSIP: N/A<br>LEI: 5493004C0K34IFI67I03       | Long             | EC               | CORP              | BE        |       122 | NS      | $1031438.97   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion OYJ                                      | Orion OYJ, Class B                                                    | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |     32416 | NS      | $2595186.29   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Arteria Ltd.                             | Atlas Arteria Ltd.                                                    | CUSIP: N/A<br>LEI: 254900SGF4ZQDBH2YC59       | Long             | EC               | CORP              | AU        |    306687 | NS      | $1013043.51   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MS&AD Insurance Group Holdings, Inc.           | MS&AD Insurance Group Holdings, Inc.                                  | CUSIP: N/A<br>LEI: 529900CXROT5S2HMMP26       | Long             | EC               | CORP              | JP        |    426500 | NS      | $9112633.59   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Essity AB                                      | Essity AB, Class A                                                    | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |      6646 | NS      | $163956.28    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                                      | Thales SA                                                             | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |     27384 | NS      | $7366130.84   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                   | UBS Group AG (Registered)                                             | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |    913692 | NS      | $33956470.20  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexagon AB                                     | Hexagon AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300WJFW6ILNI4TA80       | Long             | EC               | CORP              | SE        |    639847 | NS      | $7030689.95   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB AB                                        | SSAB AB, Class B                                                      | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |    176252 | NS      | $996118.99    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Rightmove plc                                  | Rightmove plc                                                         | CUSIP: N/A<br>LEI: 2138001JXGCFKBXYB828       | Long             | EC               | CORP              | GB        |    235309 | NS      | $2539336.12   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Severn Trent plc                               | Severn Trent plc                                                      | CUSIP: N/A<br>LEI: 213800RPBXRETY4A4C59       | Long             | EC               | CORP              | GB        |     80152 | NS      | $2810717.43   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Eni SpA                                        | Eni SpA                                                               | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |    625170 | NS      | $10669996.44  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                       | Vinci SA                                                              | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |    152475 | NS      | $21180132.13  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                             | Publicis Groupe SA                                                    | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |     68957 | NS      | $6301411.69   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ORLEN SA                                       | ORLEN SA                                                              | CUSIP: N/A<br>LEI: 259400VVMM70CQREJT74       | Long             | EC               | CORP              | PL        |    176526 | NS      | $3930970.66   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE            | LVMH Moet Hennessy Louis Vuitton SE                                   | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |     78073 | NS      | $41910528.60  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Panasonic Holdings Corp.                       | Panasonic Holdings Corp.                                              | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |    673700 | NS      | $6372744.06   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX plc                                       | RELX plc                                                              | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |    563749 | NS      | $29293011.64  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential plc                                 | Prudential plc                                                        | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    745924 | NS      | $9462931.12   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui OSK Lines Ltd.                          | Mitsui OSK Lines Ltd.                                                 | CUSIP: N/A<br>LEI: 353800P8O843TMAZ6S09       | Long             | EC               | CORP              | JP        |    101000 | NS      | $3394844.19   | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Rakuten Group, Inc.                            | Rakuten Group, Inc.                                                   | CUSIP: N/A<br>LEI: 529900IMXUCQKUL1H943       | Long             | EC               | CORP              | JP        |    447700 | NS      | $2265235.38   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Azrieli Group Ltd.                             | Azrieli Group Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     10400 | NS      | $1021791.38   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Pro Medicus Ltd.                               | Pro Medicus Ltd.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     16707 | NS      | $3430859.32   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore plc                                   | Glencore plc                                                          | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |   2967823 | NS      | $11910840.12  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd.                         | CK Asset Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |    567500 | NS      | $2600399.67   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Raiffeisen Bank International AG               | Raiffeisen Bank International AG                                      | CUSIP: N/A<br>LEI: 9ZHRYM6F437SQJ6OUG95       | Long             | EC               | CORP              | AT        |     44655 | NS      | $1289387.61   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Schindler Holding AG                           | Schindler Holding AG                                                  | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |     12358 | NS      | $4469096.90   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                             | Koninklijke KPN NV                                                    | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |   1178314 | NS      | $5264121.61   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayer AG                                       | Bayer AG (Registered)                                                 | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | EC               | CORP              | DE        |    278190 | NS      | $8652198.00   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Croda International plc                        | Croda International plc                                               | CUSIP: N/A<br>LEI: 2138004WCNBFJEEOXV26       | Long             | EC               | CORP              | GB        |     38120 | NS      | $1312001.59   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Lifco AB                                       | Lifco AB, Class B                                                     | CUSIP: N/A<br>LEI: 549300RTLL4VDQRCTW41       | Long             | EC               | CORP              | SE        |     68562 | NS      | $2442252.75   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Oracle Corp.                                   | Oracle Corp.                                                          | CUSIP: N/A<br>LEI: 529900MIMKY9RU60Z323       | Long             | EC               | CORP              | JP        |     10100 | NS      | $1092258.81   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| QBE Insurance Group Ltd.                       | QBE Insurance Group Ltd.                                              | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |    458292 | NS      | $6798405.00   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                      | Airbus SE                                                             | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |    177735 | NS      | $35734537.93  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Polska Kasa Opieki SA                     | Bank Polska Kasa Opieki SA                                            | CUSIP: N/A<br>LEI: 5493000LKS7B3UTF7H35       | Long             | EC               | CORP              | PL        |     63729 | NS      | $3460701.53   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiichi Sankyo Co. Ltd.                        | Daiichi Sankyo Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800XGIU2IHQGC9504       | Long             | EC               | CORP              | JP        |    567400 | NS      | $13919416.95  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                         | AXA SA                                                                | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |    533314 | NS      | $25902637.09  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechny Zaklad Ubezpieczen SA               | Powszechny Zaklad Ubezpieczen SA                                      | CUSIP: N/A<br>LEI: QLPCKOOKVX32FUELX240       | Long             | EC               | CORP              | PL        |    172448 | NS      | $2890398.50   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HKT Trust & HKT Ltd.                           | HKT Trust & HKT Ltd.                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |   1082000 | NS      | $1703692.75   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                          | Schneider Electric SE                                                 | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |    163724 | NS      | $42370693.78  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| OMV AG                                         | OMV AG                                                                | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |     43288 | NS      | $2204588.99   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| M&G plc                                        | M&G plc                                                               | CUSIP: N/A<br>LEI: 254900TWUJUQ44TQJY84       | Long             | EC               | CORP              | GB        |    677960 | NS      | $2333468.92   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd.                            | Tokyo Electron Ltd.                                                   | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |    134100 | NS      | $21319063.20  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd.                             | Telstra Group Ltd.                                                    | CUSIP: N/A<br>LEI: 894500WRW54CVN62K416       | Long             | EC               | CORP              | AU        |   1227377 | NS      | $3911750.04   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Leumi Le-Israel BM                        | Bank Leumi Le-Israel BM                                               | CUSIP: N/A<br>LEI: 7JDSZWRGUQY2DSTWCR57       | Long             | EC               | CORP              | IL        |    454844 | NS      | $8414059.77   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Rheinmetall AG                                 | Rheinmetall AG                                                        | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |     13167 | NS      | $26064054.81  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Meridian Energy Ltd.                           | Meridian Energy Ltd.                                                  | CUSIP: N/A<br>LEI: 254900IFKXIGNCY3A092       | Long             | EC               | CORP              | NZ        |    388589 | NS      | $1304831.35   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International SCA                       | Hermes International SCA                                              | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |     10299 | NS      | $25186101.27  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                | Telefonaktiebolaget LM Ericsson, Class B                              | CUSIP: N/A<br>LEI: 549300W9JLPW15XIFM52       | Long             | EC               | CORP              | SE        |    784590 | NS      | $5698937.25   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Resona Holdings, Inc.                          | Resona Holdings, Inc.                                                 | CUSIP: N/A<br>LEI: 52990067JE75XZCYYT81       | Long             | EC               | CORP              | JP        |    674300 | NS      | $6138831.35   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Amundi SA                                      | Amundi SA                                                             | CUSIP: N/A<br>LEI: 96950010FL2T1TJKR531       | Long             | EC               | CORP              | FR        |     18788 | NS      | $1388442.97   | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hitachi Ltd.                                   | Hitachi Ltd.                                                          | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |   1393400 | NS      | $42638949.71  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                             | Banco Santander SA                                                    | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |   4511006 | NS      | $38753112.76  | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                       | Enel SpA                                                              | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |   2355575 | NS      | $20772151.19  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi HC Capital, Inc.                    | Mitsubishi HC Capital, Inc.                                           | CUSIP: N/A<br>LEI: 353800MZ3QX9RLMH7B09       | Long             | EC               | CORP              | JP        |    253300 | NS      | $1872300.56   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Eisai Co. Ltd.                                 | Eisai Co. Ltd.                                                        | CUSIP: N/A<br>LEI: 353800HDEE0ZYEX4QV91       | Long             | EC               | CORP              | JP        |     82200 | NS      | $2305330.18   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                          | Westpac Banking Corp.                                                 | CUSIP: N/A<br>LEI: EN5TNI6CI43VEPAMHL14       | Long             | EC               | CORP              | AU        |   1043507 | NS      | $22529461.21  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S, Class B                                             | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |    964025 | NS      | $44834879.21  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                 | Air Liquide SA                                                        | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |    174397 | NS      | $34310268.05  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Insurance Co. Ltd.                  | Japan Post Insurance Co. Ltd.                                         | CUSIP: N/A<br>LEI: 54930042SK2Z708BA841       | Long             | EC               | CORP              | JP        |     57800 | NS      | $1479946.71   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| A2A SpA                                        | A2A SpA                                                               | CUSIP: N/A<br>LEI: 81560076E3944316DB24       | Long             | EC               | CORP              | IT        |    472607 | NS      | $1151626.30   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands plc                            | Imperial Brands plc                                                   | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    249503 | NS      | $9725473.98   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| NIDEC Corp.                                    | NIDEC Corp.                                                           | CUSIP: N/A<br>LEI: 353800IF171MZTNL6Y31       | Long             | EC               | CORP              | JP        |    306800 | NS      | $5886352.29   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Heavy Industries Ltd.                 | Kawasaki Heavy Industries Ltd.                                        | CUSIP: N/A<br>LEI: 5493008FFSI8SQ74AT93       | Long             | EC               | CORP              | JP        |     50800 | NS      | $3710079.22   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Assets Holdings Ltd.                     | Power Assets Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 254900JOWYUW1ZX4DF47       | Long             | EC               | CORP              | HK        |    414000 | NS      | $2725816.74   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Storebrand ASA                                 | Storebrand ASA                                                        | CUSIP: N/A<br>LEI: 5967007LIEEXZX7NA051       | Long             | EC               | CORP              | NO        |    124900 | NS      | $1773616.24   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Gjensidige Forsikring ASA                      | Gjensidige Forsikring ASA                                             | CUSIP: N/A<br>LEI: 5967007LIEEXZX6FAO47       | Long             | EC               | CORP              | NO        |     56917 | NS      | $1497124.07   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Securities Group, Inc.                   | Daiwa Securities Group, Inc.                                          | CUSIP: N/A<br>LEI: 353800WRC7Y23PWFJG38       | Long             | EC               | CORP              | JP        |    425200 | NS      | $2960181.55   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Aristocrat Leisure Ltd.                        | Aristocrat Leisure Ltd.                                               | CUSIP: N/A<br>LEI: 529900TE2HO3OZKYKC27       | Long             | EC               | CORP              | AU        |    189647 | NS      | $8491806.49   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                              | Wolters Kluwer NV                                                     | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     70909 | NS      | $11044715.25  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Suisan Kaisha Ltd.                        | Toyo Suisan Kaisha Ltd.                                               | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     29500 | NS      | $1884715.16   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Shionogi & Co. Ltd.                            | Shionogi & Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 35380049VXDTHZI3DY35       | Long             | EC               | CORP              | JP        |    258100 | NS      | $4316546.85   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Mediobanca Banca di Credito Finanziario SpA    | Mediobanca Banca di Credito Finanziario SpA                           | CUSIP: N/A<br>LEI: PSNL19R2RXX5U3QWHI44       | Long             | EC               | CORP              | IT        |    174169 | NS      | $3834569.21   | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| Recordati Industria Chimica e Farmaceutica SpA | Recordati Industria Chimica e Farmaceutica SpA                        | CUSIP: N/A<br>LEI: 815600FBF92FD3531704       | Long             | EC               | CORP              | IT        |     29353 | NS      | $1683504.59   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Castellum AB                                   | Castellum AB                                                          | CUSIP: N/A<br>LEI: 549300GU5OHTR1T5IY68       | Long             | EC               | CORP              | SE        |    117370 | NS      | $1336088.26   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Toho Co. Ltd.                                  | Toho Co. Ltd.                                                         | CUSIP: N/A<br>LEI: 529900IYHHYWU4O3H185       | Long             | EC               | CORP              | JP        |     34600 | NS      | $2183025.81   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Alfa Laval AB                                  | Alfa Laval AB                                                         | CUSIP: N/A<br>LEI: 549300UCKT2UK88AG251       | Long             | EC               | CORP              | SE        |     82543 | NS      | $3586298.37   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Shiseido Co. Ltd.                              | Shiseido Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 5299008QCD0YDT5OF506       | Long             | EC               | CORP              | JP        |    113200 | NS      | $1840126.05   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesco plc                                      | Tesco plc                                                             | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |   2032773 | NS      | $11420975.51  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| FANUC Corp.                                    | FANUC Corp.                                                           | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               | CORP              | JP        |    283300 | NS      | $7886211.30   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                   | Iberdrola SA                                                          | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |   1760980 | NS      | $30951583.62  | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Financiere Richemont SA                    | Cie Financiere Richemont SA (Registered)                              | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |    161943 | NS      | $26441458.39  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyocera Corp.                                  | Kyocera Corp.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    427500 | NS      | $5046369.81   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrivarden AB                              | Industrivarden AB, Class C                                            | CUSIP: N/A<br>LEI: 549300TM1DLIQI3B3T37       | Long             | EC               | CORP              | SE        |     48326 | NS      | $1784663.53   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Davide Campari-Milano NV                       | Davide Campari-Milano NV                                              | CUSIP: N/A<br>LEI: 213800ED5AN2J56N6Z02       | Long             | EC               | CORP              | NL        |    173149 | NS      | $1192621.63   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Europacific Partners plc             | Coca-Cola Europacific Partners plc                                    | CUSIP: N/A<br>LEI: 549300LTH67W4GWMRF57       | Long             | EC               | CORP              | GB        |      3485 | NS      | $337766.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                                 | Commerzbank AG                                                        | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | EC               | CORP              | DE        |    264518 | NS      | $9645878.01   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Snam SpA                                       | Snam SpA                                                              | CUSIP: N/A<br>LEI: 8156002278562044AF79       | Long             | EC               | CORP              | IT        |    651243 | NS      | $3774128.97   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group plc                                   | 3i Group plc                                                          | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    295413 | NS      | $16142007.17  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Moncler SpA                                    | Moncler SpA                                                           | CUSIP: N/A<br>LEI: 815600EBD7FB00525B20       | Long             | EC               | CORP              | IT        |     65016 | NS      | $3467473.98   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Fast Retailing Co. Ltd.                        | Fast Retailing Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800ZCXKHDPY0N5218       | Long             | EC               | CORP              | JP        |     55700 | NS      | $16990155.77  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| BP plc                                         | BP plc                                                                | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |   4764969 | NS      | $25541584.06  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Associated British Foods plc                   | Associated British Foods plc                                          | CUSIP: N/A<br>LEI: GBQKSY6W7G0OHCQ8OQ72       | Long             | EC               | CORP              | GB        |     90504 | NS      | $2620588.59   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Orkla ASA                                      | Orkla ASA                                                             | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               | CORP              | NO        |    204372 | NS      | $2149183.44   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Telecommunications Ltd.              | Singapore Telecommunications Ltd.                                     | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |   2490500 | NS      | $7422057.32   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Zensho Holdings Co. Ltd.                       | Zensho Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: 353800DYF3UDM49ITT03       | Long             | EC               | CORP              | JP        |     29700 | NS      | $1562917.32   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                | CUSIP: N/A<br>LEI: 529900CLC3WDMGI9VH80       | Long             | EC               | CORP              | PT        |    843347 | NS      | $3645253.19   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM International NV                           | ASM International NV                                                  | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |     13368 | NS      | $6470882.26   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikari Tsushin, Inc.                           | Hikari Tsushin, Inc.                                                  | CUSIP: N/A<br>LEI: 3538001SOIIV8U3OXH94       | Long             | EC               | CORP              | JP        |      3800 | NS      | $1021663.42   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hera SpA                                       | Hera SpA                                                              | CUSIP: N/A<br>LEI: 8156009414FD99443B48       | Long             | EC               | CORP              | IT        |    274235 | NS      | $1173441.78   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| TIS, Inc.                                      | TIS, Inc.                                                             | CUSIP: N/A<br>LEI: 35380064HYEZXBQHDF07       | Long             | EC               | CORP              | JP        |     71000 | NS      | $2265036.43   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hiscox Ltd.                                    | Hiscox Ltd.                                                           | CUSIP: N/A<br>LEI: 5493007JXOLJ0QCY2D70       | Long             | EC               | CORP              | BM        |    101943 | NS      | $1735608.50   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Chiba Bank Ltd. (The)                          | Chiba Bank Ltd. (The)                                                 | CUSIP: N/A<br>LEI: FGJPAKKCTZVSKZXNBS63       | Long             | EC               | CORP              | JP        |    214700 | NS      | $2001156.49   | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Ricoh Co. Ltd.                                 | Ricoh Co. Ltd.                                                        | CUSIP: N/A<br>LEI: 549300HFIB2GRUMDID72       | Long             | EC               | CORP              | JP        |    172900 | NS      | $1516072.37   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Legrand SA                                     | Legrand SA                                                            | CUSIP: N/A<br>LEI: 969500XXRPGD7HCAFA90       | Long             | EC               | CORP              | FR        |     79219 | NS      | $11701189.47  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Israel Discount Bank Ltd.                      | Israel Discount Bank Ltd., Class A                                    | CUSIP: 465074201<br>LEI: 549300XWZ7BG5G23OF51 | Long             | EC               | CORP              | IL        |    375437 | NS      | $3590504.06   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Telia Co. AB                                   | Telia Co. AB                                                          | CUSIP: N/A<br>LEI: 213800FSR9RNDUOTXO25       | Long             | EC               | CORP              | SE        |    702915 | NS      | $2482492.58   | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Computershare Ltd.                             | Computershare Ltd.                                                    | CUSIP: N/A<br>LEI: 21380085HOKTMGLV9G93       | Long             | EC               | CORP              | AU        |    168130 | NS      | $4525959.91   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BioMerieux                                     | BioMerieux                                                            | CUSIP: N/A<br>LEI: 549300AK8Y0LBIQ4T071       | Long             | EC               | CORP              | FR        |     13593 | NS      | $1944945.37   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SCSK Corp.                                     | SCSK Corp.                                                            | CUSIP: N/A<br>LEI: 529900SNGFXMSUBB7864       | Long             | EC               | CORP              | JP        |     46700 | NS      | $1453066.45   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Wuxi Biologics Cayman, Inc.                    | Wuxi Biologics Cayman, Inc.                                           | CUSIP: N/A<br>LEI: 5493001TD2TH6VDTJU11       | Long             | EC               | CORP              | KY        |   1061000 | NS      | $4314061.51   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Intertek Group plc                             | Intertek Group plc                                                    | CUSIP: N/A<br>LEI: 2138003GAT25WW1RN369       | Long             | EC               | CORP              | GB        |     48402 | NS      | $3147098.81   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesfarmers Ltd.                                | Wesfarmers Ltd.                                                       | CUSIP: N/A<br>LEI: 5493003L32ZX9557ST85       | Long             | EC               | CORP              | AU        |    344409 | NS      | $18839016.84  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Washington H Soul Pattinson & Co. Ltd.         | Washington H Soul Pattinson & Co. Ltd.                                | CUSIP: N/A<br>LEI: 549300G2Q3P6ZVNC1465       | Long             | EC               | CORP              | AU        |     75449 | NS      | $1960169.17   | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Japan Tobacco, Inc.                            | Japan Tobacco, Inc.                                                   | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |    336100 | NS      | $9598891.63   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexi SpA                                       | Nexi SpA                                                              | CUSIP: N/A<br>LEI: 5493000P70CQRQG8SN85       | Long             | EC               | CORP              | IT        |    149649 | NS      | $854531.54    | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SMC Corp.                                      | SMC Corp.                                                             | CUSIP: N/A<br>LEI: 353800O40V08DOZ70X62       | Long             | EC               | CORP              | JP        |     17100 | NS      | $5950347.82   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresnillo plc                                  | Fresnillo plc                                                         | CUSIP: N/A<br>LEI: 549300JXWH1UV5J0XV81       | Long             | EC               | CORP              | GB        |     55632 | NS      | $1025780.76   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                                    | Investor AB, Class A                                                  | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |    172549 | NS      | $5005920.31   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp.                                   | Kajima Corp.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    138100 | NS      | $3459496.11   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp.                                     | Hoya Corp.                                                            | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |    104700 | NS      | $13209244.81  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyowa Kirin Co. Ltd.                           | Kyowa Kirin Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 529900TBXKVTQGYA3582       | Long             | EC               | CORP              | JP        |     71500 | NS      | $1220477.92   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| DSM-Firmenich AG                               | DSM-Firmenich AG                                                      | CUSIP: N/A<br>LEI: 506700G44V67MPM4BI12       | Long             | EC               | CORP              | CH        |     75714 | NS      | $7274568.33   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                            | Societe Generale SA                                                   | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |    212329 | NS      | $13552657.27  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Genting Singapore Ltd.                         | Genting Singapore Ltd.                                                | CUSIP: N/A<br>LEI: 254900Y2N3AK93K1O866       | Long             | EC               | CORP              | SG        |   1733300 | NS      | $977727.13    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Osaka Gas Co. Ltd.                             | Osaka Gas Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |    120500 | NS      | $3048812.18   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries Ltd.              | Sumitomo Electric Industries Ltd.                                     | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |    236800 | NS      | $5876120.84   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd.                                       | ABB Ltd. (Registered)                                                 | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |    483526 | NS      | $31573336.95  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| London Stock Exchange Group plc                | London Stock Exchange Group plc                                       | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |    145280 | NS      | $17708919.40  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems plc                                | BAE Systems plc                                                       | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |    888986 | NS      | $21211776.31  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                | Danske Bank A/S                                                       | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |    197925 | NS      | $7851977.01   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Pirelli & C SpA                                | Pirelli & C SpA                                                       | CUSIP: N/A<br>LEI: 815600A0C9AFC1F2A709       | Long             | EC               | CORP              | IT        |    110522 | NS      | $745070.22    | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kobe Bussan Co. Ltd.                           | Kobe Bussan Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 353800CJIFNHN2DXRD59       | Long             | EC               | CORP              | JP        |     44500 | NS      | $1185005.17   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd.                   | Northern Star Resources Ltd.                                          | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |    435351 | NS      | $4325356.14   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                                    | Investor AB, Class B                                                  | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |    551128 | NS      | $15971424.13  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Kao Corp.                                      | Kao Corp.                                                             | CUSIP: N/A<br>LEI: 353800HM38HFCB8RGL63       | Long             | EC               | CORP              | JP        |    141000 | NS      | $6344503.53   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Tsusho Corp.                            | Toyota Tsusho Corp.                                                   | CUSIP: N/A<br>LEI: 549300CEE2ENIUJNXB84       | Long             | EC               | CORP              | JP        |    214900 | NS      | $4925150.96   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                                         | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |    268678 | NS      | $10611828.14  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                            | MSCI EAFE Index                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       196 | NC      | $174926.38    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Saab AB                                        | Saab AB, Class B                                                      | CUSIP: N/A<br>LEI: 549300ZHO4JCQQI13M69       | Long             | EC               | CORP              | SE        |    112012 | NS      | $6092782.88   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Omron Corp.                                    | Omron Corp.                                                           | CUSIP: N/A<br>LEI: 549300ZHW0TR2QZ0NY83       | Long             | EC               | CORP              | JP        |     57700 | NS      | $1487203.73   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJIFILM Holdings Corp.                        | FUJIFILM Holdings Corp.                                               | CUSIP: N/A<br>LEI: 529900UBKMFM0ST6H474       | Long             | EC               | CORP              | JP        |    365200 | NS      | $7575062.50   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| East Japan Railway Co.                         | East Japan Railway Co.                                                | CUSIP: N/A<br>LEI: 353800SENYJ2DSM6PS44       | Long             | EC               | CORP              | JP        |    330900 | NS      | $7092571.00   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Argenx SE                                      | Argenx SE                                                             | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |       179 | NS      | $120221.73    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nokia OYJ                                      | Nokia OYJ                                                             | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |   1531611 | NS      | $6241849.23   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Group Holdings plc                     | Phoenix Group Holdings plc                                            | CUSIP: N/A<br>LEI: 2138001P49OLAEU33T68       | Long             | EC               | CORP              | GB        |    226226 | NS      | $1978362.65   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP Renovaveis SA                              | EDP Renovaveis SA                                                     | CUSIP: N/A<br>LEI: 529900MUFAH07Q1TAX06       | Long             | EC               | CORP              | ES        |     77321 | NS      | $907803.86    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Swisscom AG                                    | Swisscom AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493005SL9HHOXS3B739       | Long             | EC               | CORP              | CH        |      7705 | NS      | $5353702.21   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui House Ltd.                             | Sekisui House Ltd.                                                    | CUSIP: N/A<br>LEI: 529900GMNDOYQSAJAE76       | Long             | EC               | CORP              | JP        |    190500 | NS      | $3996085.27   | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| ASML Holding NV                                | ASML Holding NV                                                       | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    119405 | NS      | $82756459.65  | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group plc (The)                           | Sage Group plc (The)                                                  | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |    294803 | NS      | $4733548.58   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Qantas Airways Ltd.                            | Qantas Airways Ltd.                                                   | CUSIP: N/A<br>LEI: YLXNW6TI6QSK1H8H0N82       | Long             | EC               | CORP              | AU        |    223904 | NS      | $1552850.80   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo SpA                                   | Leonardo SpA                                                          | CUSIP: N/A<br>LEI: 529900X4EEX1U9LN3U39       | Long             | EC               | CORP              | IT        |    121527 | NS      | $6550687.94   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Kubota Corp.                                   | Kubota Corp.                                                          | CUSIP: N/A<br>LEI: 549300CSY4INHEHQQT13       | Long             | EC               | CORP              | JP        |    348800 | NS      | $3911530.42   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| AP Moller - Maersk A/S                         | AP Moller - Maersk A/S, Class A                                       | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |       807 | NS      | $1583471.83   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Rentokil Initial plc                           | Rentokil Initial plc                                                  | CUSIP: N/A<br>LEI: 549300VN4WV7Z6T14K68       | Long             | EC               | CORP              | GB        |    720426 | NS      | $3593807.49   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Investment AB Latour                           | Investment AB Latour, Class B                                         | CUSIP: N/A<br>LEI: 5493006GFBLNB3Y0Y789       | Long             | EC               | CORP              | SE        |     44085 | NS      | $1125454.46   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd.                        | DBS Group Holdings Ltd.                                               | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |    618250 | NS      | $22692549.63  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuehne + Nagel International AG                | Kuehne + Nagel International AG (Registered)                          | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |     14255 | NS      | $2906295.02   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Seng Bank Ltd.                            | Hang Seng Bank Ltd.                                                   | CUSIP: N/A<br>LEI: 5493009Z5F07LWZYMK62       | Long             | EC               | CORP              | HK        |    209600 | NS      | $3053181.12   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group plc                    | Reckitt Benckiser Group plc                                           | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |    206774 | NS      | $15496841.35  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon, Inc.                                    | Canon, Inc.                                                           | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |    280600 | NS      | $7969781.75   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kikkoman Corp.                                 | Kikkoman Corp.                                                        | CUSIP: N/A<br>LEI: 529900T9K5UH9HXOND47       | Long             | EC               | CORP              | JP        |    265100 | NS      | $2328893.93   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ITOCHU Corp.                                   | ITOCHU Corp.                                                          | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |    429800 | NS      | $22544134.89  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayerische Motoren Werke AG                    | Bayerische Motoren Werke AG (Preference)                              | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |     16862 | NS      | $1474168.05   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingspan Group plc                             | Kingspan Group plc                                                    | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |     47068 | NS      | $3906265.91   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                            | Intesa Sanpaolo SpA                                                   | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |   4753276 | NS      | $28639756.37  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| M3, Inc.                                       | M3, Inc.                                                              | CUSIP: N/A<br>LEI: 3538001UOKRWIODYM055       | Long             | EC               | CORP              | JP        |    136200 | NS      | $1675096.62   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Insurance Australia Group Ltd.                 | Insurance Australia Group Ltd.                                        | CUSIP: N/A<br>LEI: 549300PFEWKNHRG25N08       | Long             | EC               | CORP              | AU        |    724737 | NS      | $4068254.57   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Kisen Kaisha Ltd.                     | Kawasaki Kisen Kaisha Ltd.                                            | CUSIP: N/A<br>LEI: 353800FL04R73DS5P870       | Long             | EC               | CORP              | JP        |    112400 | NS      | $1587862.34   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| KGHM Polska Miedz SA                           | KGHM Polska Miedz SA                                                  | CUSIP: N/A<br>LEI: G30CO71KTT9JDYJESN22       | Long             | EC               | CORP              | PL        |     41485 | NS      | $1402576.29   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodside Energy Group Ltd.                     | Woodside Energy Group Ltd.                                            | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |    576275 | NS      | $9751951.05   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd.                                 | BHP Group Ltd.                                                        | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |   1466354 | NS      | $37033118.23  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Corp.                                   | Otsuka Corp.                                                          | CUSIP: N/A<br>LEI: 529900RG9DJ58J3UIE72       | Long             | EC               | CORP              | JP        |     73500 | NS      | $1392617.26   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.          | Sumitomo Mitsui Financial Group, Inc.                                 | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |   1176000 | NS      | $29666494.87  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp.                             | Nippon Steel Corp.                                                    | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |    317300 | NS      | $6110569.44   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Paint Holdings Co. Ltd.                 | Nippon Paint Holdings Co. Ltd.                                        | CUSIP: N/A<br>LEI: 529900RYRJUN78A7PL87       | Long             | EC               | CORP              | JP        |    294300 | NS      | $2494940.94   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kansai Electric Power Co., Inc. (The)          | Kansai Electric Power Co., Inc. (The)                                 | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |    312600 | NS      | $3753213.58   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.            | Hong Kong Exchanges & Clearing Ltd.                                   | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |    362100 | NS      | $19596421.91  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| United Utilities Group plc                     | United Utilities Group plc                                            | CUSIP: N/A<br>LEI: 2138002IEYQAOC88ZJ59       | Long             | EC               | CORP              | GB        |    206955 | NS      | $3089393.99   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| James Hardie Industries plc                    | James Hardie Industries plc                                           | CUSIP: N/A<br>LEI: 635400NSGXKTVOO7JU45       | Long             | EC               | CORP              | IE        |    130450 | NS      | $3423979.57   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| STMicroelectronics NV                          | STMicroelectronics NV                                                 | CUSIP: N/A<br>LEI: 213800Z8NOHIKRI42W10       | Long             | EC               | CORP              | NL        |    195644 | NS      | $4972090.84   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co. Ltd.                              | Nintendo Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |    353200 | NS      | $29520084.68  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Elia Group SA/NV                               | Elia Group SA/NV                                                      | CUSIP: N/A<br>LEI: 549300S1MP1NFDIKT460       | Long             | EC               | CORP              | BE        |     12898 | NS      | $1488085.46   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                         | SAP SE                                                                | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |    311906 | NS      | $89191329.06  | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Hutchison Holdings Ltd.                     | CK Hutchison Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |    809000 | NS      | $5265784.21   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo plc                                     | Diageo plc                                                            | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |    674830 | NS      | $16356233.27  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoshizaki Corp.                                | Hoshizaki Corp.                                                       | CUSIP: N/A<br>LEI: 5299001QAMLGU3SRBG20       | Long             | EC               | CORP              | JP        |     34300 | NS      | $1174527.94   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubu Electric Power Co., Inc.                 | Chubu Electric Power Co., Inc.                                        | CUSIP: N/A<br>LEI: 529900A76GOP0PGNHT63       | Long             | EC               | CORP              | JP        |    229400 | NS      | $2805732.97   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corp.                                      | NEC Corp.                                                             | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |    385400 | NS      | $11067104.09  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                           | Dassault Systemes SE                                                  | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |    201935 | NS      | $6633818.75   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Olympus Corp.                                  | Olympus Corp.                                                         | CUSIP: N/A<br>LEI: 5299000Y52IFDI1I2A21       | Long             | EC               | CORP              | JP        |    342200 | NS      | $4088281.85   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JFE Holdings, Inc.                             | JFE Holdings, Inc.                                                    | CUSIP: N/A<br>LEI: 3538002Y11Y03NA9B530       | Long             | EC               | CORP              | JP        |    192400 | NS      | $2226657.80   | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| LY Corp.                                       | LY Corp.                                                              | CUSIP: N/A<br>LEI: 52990078MD2OL792YM35       | Long             | EC               | CORP              | JP        |    806700 | NS      | $2948622.38   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Taisei Corp.                                   | Taisei Corp.                                                          | CUSIP: N/A<br>LEI: 529900TF7XJKIOWMLQ79       | Long             | EC               | CORP              | JP        |     50400 | NS      | $3013612.02   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Talanx AG                                      | Talanx AG                                                             | CUSIP: N/A<br>LEI: 5299006ZIILJ6VJVSJ32       | Long             | EC               | CORP              | DE        |     18261 | NS      | $2420443.81   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegro.eu SA                                  | Allegro.eu SA                                                         | CUSIP: N/A<br>LEI: 222100VRLXV3FPMG4982       | Long             | EC               | CORP              | LU        |    188610 | NS      | $1850152.46   | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| WPP plc                                        | WPP plc                                                               | CUSIP: N/A<br>LEI: 549300LSGBXPYHXGDT93       | Long             | EC               | CORP              | JE        |    324580 | NS      | $1757402.50   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.           | Mitsubishi UFJ Financial Group, Inc.                                  | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |   3511300 | NS      | $48395435.39  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Heavy Industries Ltd.               | Mitsubishi Heavy Industries Ltd.                                      | CUSIP: N/A<br>LEI: 353800TJ98PCAZROVE69       | Long             | EC               | CORP              | JP        |   1019000 | NS      | $24330048.76  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Stellantis NV                                  | Stellantis NV                                                         | CUSIP: N/A<br>LEI: 549300LKT9PW7ZIBDF31       | Long             | EC               | CORP              | NL        |    603551 | NS      | $5326402.55   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Ackermans & van Haaren NV                      | Ackermans & van Haaren NV                                             | CUSIP: N/A<br>LEI: 5493005E2GHATS0Z6J59       | Long             | EC               | CORP              | BE        |      6610 | NS      | $1621409.86   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Generali                                       | Generali                                                              | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | EC               | CORP              | IT        |    274745 | NS      | $10249587.36  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Axfood AB                                      | Axfood AB                                                             | CUSIP: N/A<br>LEI: 549300QIXCZWZLHE8L05       | Long             | EC               | CORP              | SE        |     32626 | NS      | $972199.43    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Wartsila OYJ Abp                               | Wartsila OYJ Abp                                                      | CUSIP: N/A<br>LEI: 743700G7A9J1PHM3X223       | Long             | EC               | CORP              | FI        |    146949 | NS      | $4059971.06   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Niterra Co. Ltd.                               | Niterra Co. Ltd.                                                      | CUSIP: N/A<br>LEI: 549300RG3XQGTFM4HH31       | Long             | EC               | CORP              | JP        |     60100 | NS      | $2071870.56   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui Chemical Co. Ltd.                      | Sekisui Chemical Co. Ltd.                                             | CUSIP: N/A<br>LEI: 529900KQIVT7NWFNMI70       | Long             | EC               | CORP              | JP        |    127900 | NS      | $2218441.97   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bandai Namco Holdings, Inc.                    | Bandai Namco Holdings, Inc.                                           | CUSIP: N/A<br>LEI: 3538008EFEM34VRJDQ95       | Long             | EC               | CORP              | JP        |    197600 | NS      | $6389776.24   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                      | Epiroc AB, Class B                                                    | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |    118357 | NS      | $2121666.58   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Asics Corp.                                    | Asics Corp.                                                           | CUSIP: N/A<br>LEI: 3538002LJMRZ83SU0B85       | Long             | EC               | CORP              | JP        |    216400 | NS      | $5087411.76   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Seven & i Holdings Co. Ltd.                    | Seven & i Holdings Co. Ltd.                                           | CUSIP: N/A<br>LEI: 52990037G8JRM3TWGY86       | Long             | EC               | CORP              | JP        |    725700 | NS      | $9567044.01   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Mediolanum SpA                           | Banca Mediolanum SpA                                                  | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |     63109 | NS      | $1113166.89   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Galderma Group AG                              | Galderma Group AG                                                     | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               | CORP              | CH        |     37329 | NS      | $5753075.99   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Ono Pharmaceutical Co. Ltd.                    | Ono Pharmaceutical Co. Ltd.                                           | CUSIP: N/A<br>LEI: 529900G26L4NG4GFJZ86       | Long             | EC               | CORP              | JP        |    132800 | NS      | $1485072.55   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp.                | Mitsubishi Chemical Group Corp.                                       | CUSIP: N/A<br>LEI: 353800YNKX4RQUGAR072       | Long             | EC               | CORP              | JP        |    431500 | NS      | $2350283.02   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Hapoalim BM                               | Bank Hapoalim BM                                                      | CUSIP: N/A<br>LEI: B6ARUI4946ST4S7WOU88       | Long             | EC               | CORP              | IL        |    400215 | NS      | $7505263.68   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Daimler Truck Holding AG                       | Daimler Truck Holding AG                                              | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |    141650 | NS      | $6890606.80   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Cochlear Ltd.                                  | Cochlear Ltd.                                                         | CUSIP: N/A<br>LEI: 5493001OLLWY8KV5UC08       | Long             | EC               | CORP              | AU        |     18885 | NS      | $3855430.14   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Construction Machinery Co. Ltd.        | Hitachi Construction Machinery Co. Ltd.                               | CUSIP: N/A<br>LEI: 5493009B7C53PDH8W826       | Long             | EC               | CORP              | JP        |     27400 | NS      | $793559.05    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Corp.                               | Mitsubishi Corp.                                                      | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |   1178500 | NS      | $23244019.47  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Stockland                                      | Stockland                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    723787 | NS      | $2566033.62   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| LPP SA                                         | LPP SA                                                                | CUSIP: N/A<br>LEI: 259400NUS7MKGPJL4752       | Long             | EC               | CORP              | PL        |       386 | NS      | $1714366.06   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                            | Erste Group Bank AG                                                   | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |     90705 | NS      | $8294425.74   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Italia SpA                             | Telecom Italia SpA                                                    | CUSIP: N/A<br>LEI: 549300W384M3RI3VXU42       | Long             | EC               | CORP              | IT        |   3746949 | NS      | $1721845.80   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon plc                                     | Haleon plc                                                            | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |   2737005 | NS      | $12838396.05  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Holdings, Inc.                          | Nomura Holdings, Inc.                                                 | CUSIP: N/A<br>LEI: 549300B3CEAHYG7K8164       | Long             | EC               | CORP              | JP        |    890700 | NS      | $5884229.20   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever plc                                   | Unilever plc                                                          | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |    751905 | NS      | $43625880.26  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrovial SE                                   | Ferrovial SE                                                          | CUSIP: N/A<br>LEI: 72450022R2ZFL41Y6I04       | Long             | EC               | CORP              | NL        |    137562 | NS      | $7051836.51   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Securitas AB                                   | Securitas AB, Class B                                                 | CUSIP: N/A<br>LEI: 635400TTYKE8EIWDS617       | Long             | EC               | CORP              | SE        |    160237 | NS      | $2378132.09   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB               | Skandinaviska Enskilda Banken AB, Class C                             | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |      6067 | NS      | $107528.34    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Central Japan Railway Co.                      | Central Japan Railway Co.                                             | CUSIP: N/A<br>LEI: 353800YAR3OVUITHTG64       | Long             | EC               | CORP              | JP        |    298600 | NS      | $6961017.90   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Europacific Partners plc             | Coca-Cola Europacific Partners plc                                    | CUSIP: N/A<br>LEI: 549300LTH67W4GWMRF57       | Long             | EC               | CORP              | GB        |     61716 | NS      | $5981514.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                     | Vonovia SE                                                            | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |    249738 | NS      | $7750765.90   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA                                | Norsk Hydro ASA                                                       | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |    388994 | NS      | $2305563.79   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Concordia Financial Group Ltd.                 | Concordia Financial Group Ltd.                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    346400 | NS      | $2297059.28   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ICL Group Ltd.                                 | ICL Group Ltd.                                                        | CUSIP: N/A<br>LEI: 529900FQVQD88SHIGM04       | Long             | EC               | CORP              | IL        |    218051 | NS      | $1358438.17   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                      | Holcim AG                                                             | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |    149616 | NS      | $11931866.42  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Nibe Industrier AB                             | Nibe Industrier AB, Class B                                           | CUSIP: N/A<br>LEI: 549300ZQH0FIF1P0MX67       | Long             | EC               | CORP              | SE        |    497836 | NS      | $2297219.86   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Building Fund, Inc.                     | Nippon Building Fund, Inc.                                            | CUSIP: N/A<br>LEI: 52990053R8NL2MB32172       | Long             | EC               | CORP              | JP        |      2494 | NS      | $2287817.06   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Holmen AB                                      | Holmen AB, Class B                                                    | CUSIP: N/A<br>LEI: 52990080SH3454F0QE68       | Long             | EC               | CORP              | SE        |     23854 | NS      | $886572.71    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd.                                  | Fujikura Ltd.                                                         | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |     78200 | NS      | $5308405.86   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Reece Ltd.                                     | Reece Ltd.                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    105310 | NS      | $911833.70    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Schroders plc                                  | Schroders plc                                                         | CUSIP: N/A<br>LEI: 2138001YYBULX5SZ2H24       | Long             | EC               | CORP              | GB        |    258939 | NS      | $1330985.82   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                           | Macquarie Group Ltd.                                                  | CUSIP: N/A<br>LEI: ACMHD8HWFMFUIQQ8Y590       | Long             | EC               | CORP              | AU        |    110275 | NS      | $15271481.68  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid plc                              | National Grid plc                                                     | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |   1482856 | NS      | $20837217.63  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                               | Roche Holding AG                                                      | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |    209447 | NS      | $65362759.63  | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                     | Allianz SE (Registered)                                               | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |    117202 | NS      | $46315658.10  | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Dr Ing hc F Porsche AG                         | Dr Ing hc F Porsche AG (Preference)                                   | CUSIP: N/A<br>LEI: 529900EWEX125AULXI58       | Long             | EC               | CORP              | DE        |     33286 | NS      | $1687816.94   | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Denso Corp.                                    | Denso Corp.                                                           | CUSIP: N/A<br>LEI: 549300RYPA10CQM3QK38       | Long             | EC               | CORP              | JP        |    588200 | NS      | $7980360.41   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Evraz plc                                      | Evraz plc                                                             | CUSIP: N/A<br>LEI: 5493005B7DAN39RXLK23       | Long             | EC               | CORP              | GB        |     96418 | NS      | $0.13         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Aker BP ASA                                    | Aker BP ASA                                                           | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |     93116 | NS      | $2240057.55   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| GPT Group (The)                                | GPT Group (The)                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    577885 | NS      | $1882523.38   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                      | Epiroc AB, Class A                                                    | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |    188917 | NS      | $3845059.90   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ANA Holdings, Inc.                             | ANA Holdings, Inc.                                                    | CUSIP: N/A<br>LEI: 5493008IRKIY0G3TE305       | Long             | EC               | CORP              | JP        |     46700 | NS      | $865937.69    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Yokogawa Electric Corp.                        | Yokogawa Electric Corp.                                               | CUSIP: N/A<br>LEI: 529900MV0U7C9WWF4L22       | Long             | EC               | CORP              | JP        |     75400 | NS      | $2009718.79   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Kesko OYJ                                      | Kesko OYJ, Class A                                                    | CUSIP: N/A<br>LEI: 743700OX6HSVMCAHPB95       | Long             | EC               | CORP              | FI        |     26295 | NS      | $572386.73    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp.                                     | KDDI Corp.                                                            | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |    888000 | NS      | $14573515.36  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| TOPPAN Holdings, Inc.                          | TOPPAN Holdings, Inc.                                                 | CUSIP: 890747108<br>LEI: 3538003H9W4KIDODQY20 | Long             | EC               | CORP              | JP        |     85200 | NS      | $2295990.17   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Agricole SA                             | Credit Agricole SA                                                    | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | EC               | CORP              | FR        |    342599 | NS      | $6305374.69   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                                  | Assa Abloy AB, Class B                                                | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |    319663 | NS      | $10577729.01  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA    | Powszechna Kasa Oszczednosci Bank Polski SA                           | CUSIP: N/A<br>LEI: P4GTT6GF1W40CVIMFR43       | Long             | EC               | CORP              | PL        |    260253 | NS      | $5698630.62   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SGS SA                                         | SGS SA (Registered)                                                   | CUSIP: N/A<br>LEI: 2138007JNS19JHNA2336       | Long             | EC               | CORP              | CH        |     46304 | NS      | $4705107.05   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB               | Skandinaviska Enskilda Banken AB, Class A                             | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |    407240 | NS      | $7123661.38   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ Group Holdings Ltd.                        | ANZ Group Holdings Ltd.                                               | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |    910283 | NS      | $17862938.52  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                        | E.ON SE                                                               | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |    671833 | NS      | $12256418.15  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| JD Sports Fashion plc                          | JD Sports Fashion plc                                                 | CUSIP: N/A<br>LEI: 213800HROV6Y9MUU8375       | Long             | EC               | CORP              | GB        |    761396 | NS      | $854658.03    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                       | Sagax AB, Class D                                                     | CUSIP: N/A<br>LEI: 549300LJX28T6OM8DT95       | Long             | EC               | CORP              | SE        |     33148 | NS      | $112321.92    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chugai Pharmaceutical Co. Ltd.                 | Chugai Pharmaceutical Co. Ltd.                                        | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |    200200 | NS      | $9596977.18   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell plc                                      | Shell plc                                                             | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |   1805587 | NS      | $64880384.88  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Var Energi ASA                                 | Var Energi ASA                                                        | CUSIP: N/A<br>LEI: 549300LIVN3FFOJN2K47       | Long             | EC               | CORP              | NO        |    247508 | NS      | $847803.36    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ASX Ltd.                                       | ASX Ltd.                                                              | CUSIP: N/A<br>LEI: 549300VSBVYUCBIQKT71       | Long             | EC               | CORP              | AU        |     58753 | NS      | $2633552.30   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Berkeley Group Holdings plc                    | Berkeley Group Holdings plc                                           | CUSIP: N/A<br>LEI: 2138009OQSSLVVHQAL78       | Long             | EC               | CORP              | GB        |     29915 | NS      | $1438667.38   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd.                 | Nomura Research Institute Ltd.                                        | CUSIP: N/A<br>LEI: 5299005F1HCVF4M4QN79       | Long             | EC               | CORP              | JP        |    127500 | NS      | $5045232.46   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken Holding NV                            | Heineken Holding NV                                                   | CUSIP: N/A<br>LEI: 724500M1WJLFM9TYBS04       | Long             | EC               | CORP              | NL        |     39665 | NS      | $2677037.05   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kesko OYJ                                      | Kesko OYJ, Class B                                                    | CUSIP: N/A<br>LEI: 743700OX6HSVMCAHPB95       | Long             | EC               | CORP              | FI        |     81533 | NS      | $1773296.48   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Yusen KK                                | Nippon Yusen KK                                                       | CUSIP: N/A<br>LEI: 353800YPW4XM0ZN5I149       | Long             | EC               | CORP              | JP        |    131500 | NS      | $4611678.57   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                               | Roche Holding AG                                                      | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      8807 | NS      | $2926877.17   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Aisin Corp.                                    | Aisin Corp.                                                           | CUSIP: N/A<br>LEI: 3538004IOK08PDY6I723       | Long             | EC               | CORP              | JP        |    174000 | NS      | $2404683.59   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mowi ASA                                       | Mowi ASA                                                              | CUSIP: N/A<br>LEI: 549300W1OGQF5LZIH349       | Long             | EC               | CORP              | NO        |    134501 | NS      | $2505416.26   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Colruyt Group NV                               | Colruyt Group NV                                                      | CUSIP: N/A<br>LEI: 5493000O0NZ1BCXO8K39       | Long             | EC               | CORP              | BE        |      9427 | NS      | $402692.31    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Marubeni Corp.                                 | Marubeni Corp.                                                        | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |    503400 | NS      | $10306486.24  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Suntory Beverage & Food Ltd.                   | Suntory Beverage & Food Ltd.                                          | CUSIP: N/A<br>LEI: 549300FONLMVK7YYYH41       | Long             | EC               | CORP              | JP        |     38200 | NS      | $1153476.58   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Airlines Ltd.                        | Singapore Airlines Ltd.                                               | CUSIP: N/A<br>LEI: 549300ZG62N2599PWR15       | Long             | EC               | CORP              | SG        |    419750 | NS      | $2192424.68   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA             | Banco Bilbao Vizcaya Argentaria SA                                    | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |   1747421 | NS      | $29143955.64  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Veolia Environnement SA                        | Veolia Environnement SA                                               | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |    192865 | NS      | $6536018.98   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro plc                                      | Segro plc                                                             | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |    375841 | NS      | $3203194.67   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Pan Pacific International Holdings Corp.       | Pan Pacific International Holdings Corp.                              | CUSIP: N/A<br>LEI: 529900QLHJM2E18A5763       | Long             | EC               | CORP              | JP        |    161000 | NS      | $5386459.03   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| DCC plc                                        | DCC plc                                                               | CUSIP: N/A<br>LEI: 213800UPS1QEE4TD3T45       | Long             | EC               | CORP              | IE        |     29828 | NS      | $1868158.80   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokio Marine Holdings, Inc.                    | Tokio Marine Holdings, Inc.                                           | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |    586300 | NS      | $23541659.22  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Properties Ltd.                          | Swire Properties Ltd.                                                 | CUSIP: N/A<br>LEI: 5299001L12PHYVQ92465       | Long             | EC               | CORP              | HK        |    313600 | NS      | $840514.50    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                        | BASF SE                                                               | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |    270883 | NS      | $13275816.94  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| SEEK Ltd.                                      | SEEK Ltd.                                                             | CUSIP: N/A<br>LEI: 549300209NEKXBC8QO27       | Long             | EC               | CORP              | AU        |     97997 | NS      | $1511670.77   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordnet AB publ                                | Nordnet AB publ                                                       | CUSIP: N/A<br>LEI: 549300D6WW5ZTWLZ4C08       | Long             | EC               | CORP              | SE        |     48068 | NS      | $1298129.19   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp.                             | Toyota Motor Corp.                                                    | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |   3490000 | NS      | $62078754.98  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Jardine Matheson Holdings Ltd.                 | Jardine Matheson Holdings Ltd.                                        | CUSIP: N/A<br>LEI: 2138009KENVUNWOLPK41       | Long             | EC               | CORP              | BM        |     51400 | NS      | $2791091.65   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                           | Henkel AG & Co. KGaA                                                  | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     29236 | NS      | $2078982.09   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Genmab A/S                                     | Genmab A/S                                                            | CUSIP: N/A<br>LEI: 529900MTJPDPE4MHJ122       | Long             | EC               | CORP              | DK        |     18888 | NS      | $4066538.16   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Electric Co. Ltd.                         | Fuji Electric Co. Ltd.                                                | CUSIP: N/A<br>LEI: 5299000HVNGZZTYYM906       | Long             | EC               | CORP              | JP        |     41300 | NS      | $2053362.65   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Group Ltd.                                  | WH Group Ltd.                                                         | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | KY        |   2366924 | NS      | $2369618.43   | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Terumo Corp.                                   | Terumo Corp.                                                          | CUSIP: N/A<br>LEI: 353800JX1R4582QVK932       | Long             | EC               | CORP              | JP        |    452100 | NS      | $7666380.64   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Infineon Technologies AG                       | Infineon Technologies AG                                              | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |    383820 | NS      | $15077663.64  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Wilmar International Ltd.                      | Wilmar International Ltd.                                             | CUSIP: N/A<br>LEI: 549300H2EAI4YRLWBB20       | Long             | EC               | CORP              | SG        |    548400 | NS      | $1241225.88   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| WiseTech Global Ltd.                           | WiseTech Global Ltd.                                                  | CUSIP: N/A<br>LEI: 254900VE3AF301Q85K83       | Long             | EC               | CORP              | AU        |     52401 | NS      | $3968859.87   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Holdings Co. Ltd.                   | Japan Post Holdings Co. Ltd.                                          | CUSIP: N/A<br>LEI: 5299003D9N4JBS256X18       | Long             | EC               | CORP              | JP        |    524100 | NS      | $4853517.79   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Buzzi SpA                                      | Buzzi SpA                                                             | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |     23831 | NS      | $1244446.30   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                 | Takeda Pharmaceutical Co. Ltd.                                        | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |    476100 | NS      | $13078367.42  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Geberit AG                                     | Geberit AG (Registered)                                               | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |      9996 | NS      | $7657924.00   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Pacific Ltd.                             | Swire Pacific Ltd., Class A                                           | CUSIP: N/A<br>LEI: 549300KZOZHII0DGF611       | Long             | EC               | CORP              | HK        |    102500 | NS      | $926532.01    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Warehouses De Pauw CVA                         | Warehouses De Pauw CVA                                                | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |     53671 | NS      | $1252475.59   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ConvaTec Group plc                             | ConvaTec Group plc                                                    | CUSIP: N/A<br>LEI: 213800LS272L4FIDOH92       | Long             | EC               | CORP              | GB        |    499534 | NS      | $1539077.88   | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Straumann Holding AG                           | Straumann Holding AG (Registered)                                     | CUSIP: N/A<br>LEI: 50670046ML5FVIM60Z37       | Long             | EC               | CORP              | CH        |     32647 | NS      | $3977707.77   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                      | Zurich Insurance Group AG                                             | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |     43098 | NS      | $29397433.27  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co. Ltd.                        | Mitsui Fudosan Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800ND4ZKNZDYKMF33       | Long             | EC               | CORP              | JP        |    841400 | NS      | $7520685.87   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Aena SME SA                                    | Aena SME SA                                                           | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |    223386 | NS      | $6015367.84   | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| UniCredit SpA                                  | UniCredit SpA                                                         | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |    472757 | NS      | $34782550.16  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Daifuku Co. Ltd.                               | Daifuku Co. Ltd.                                                      | CUSIP: N/A<br>LEI: 3538006FG1W4X3MYHL36       | Long             | EC               | CORP              | JP        |    108600 | NS      | $2749340.93   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| West Japan Railway Co.                         | West Japan Railway Co.                                                | CUSIP: N/A<br>LEI: 353800QGUXHZ7EBCR121       | Long             | EC               | CORP              | JP        |    142700 | NS      | $3124308.17   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered plc                         | Standard Chartered plc                                                | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |    576562 | NS      | $10336013.68  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| J Sainsbury plc                                | J Sainsbury plc                                                       | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |    520025 | NS      | $2079369.87   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Endesa SA                                      | Endesa SA                                                             | CUSIP: N/A<br>LEI: 549300LHK07F2CHV4X31       | Long             | EC               | CORP              | ES        |     96055 | NS      | $2778815.44   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyu Corp.                                    | Tokyu Corp.                                                           | CUSIP: N/A<br>LEI: 3538005PGNIBTZYXAE45       | Long             | EC               | CORP              | JP        |    174300 | NS      | $1962046.45   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Secom Co. Ltd.                                 | Secom Co. Ltd.                                                        | CUSIP: N/A<br>LEI: 529900TYCL9N3E9PGE47       | Long             | EC               | CORP              | JP        |    125900 | NS      | $4521477.94   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Persimmon plc                                  | Persimmon plc                                                         | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |     92600 | NS      | $1396292.41   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp.                                 | Obayashi Corp.                                                        | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |    212300 | NS      | $3126172.39   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Astellas Pharma, Inc.                          | Astellas Pharma, Inc.                                                 | CUSIP: N/A<br>LEI: 529900IB708DY2HBBB35       | Long             | EC               | CORP              | JP        |    545300 | NS      | $5654010.25   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Sofina SA                                      | Sofina SA                                                             | CUSIP: N/A<br>LEI: 5493000GMVR38VUO5D39       | Long             | EC               | CORP              | BE        |      4288 | NS      | $1313081.28   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Capcom Co. Ltd.                                | Capcom Co. Ltd.                                                       | CUSIP: N/A<br>LEI: 529900JJWQKXS3TC8744       | Long             | EC               | CORP              | JP        |    100700 | NS      | $2563392.29   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Music Group NV                       | Universal Music Group NV                                              | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |    287316 | NS      | $8265197.32   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development Co. Ltd.         | Sumitomo Realty & Development Co. Ltd.                                | CUSIP: N/A<br>LEI: 353800SO2DCLOI3LNZ64       | Long             | EC               | CORP              | JP        |    143700 | NS      | $5249241.81   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                               | ArcelorMittal SA                                                      | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |    127811 | NS      | $3984659.73   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                     | Siemens AG (Registered)                                               | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |    223208 | NS      | $56851829.92  | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Poste Italiane SpA                             | Poste Italiane SpA                                                    | CUSIP: N/A<br>LEI: 815600354DEDBD0BA991       | Long             | EC               | CORP              | IT        |    139180 | NS      | $3006973.40   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cie Generale des Etablissements Michelin SCA   | Cie Generale des Etablissements Michelin SCA                          | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |    205188 | NS      | $7299872.51   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandvik AB                                     | Sandvik AB                                                            | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |    295430 | NS      | $7208394.69   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| REA Group Ltd.                                 | REA Group Ltd.                                                        | CUSIP: N/A<br>LEI: 894500KA4UBDATOFPN36       | Long             | EC               | CORP              | AU        |     15477 | NS      | $2357627.00   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ACS Actividades de Construccion y Servicios SA | ACS Actividades de Construccion y Servicios SA                        | CUSIP: N/A<br>LEI: 95980020140005558665       | Long             | EC               | CORP              | ES        |     61378 | NS      | $4235990.77   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Redeia Corp. SA                                | Redeia Corp. SA                                                       | CUSIP: N/A<br>LEI: 5493009HMD0C90GUV498       | Long             | EC               | CORP              | ES        |    122823 | NS      | $2381047.13   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Syensqo SA                                     | Syensqo SA                                                            | CUSIP: N/A<br>LEI: 549300060XNJ90PLNS10       | Long             | EC               | CORP              | BE        |     21440 | NS      | $1699246.14   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                | AstraZeneca plc                                                       | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    470402 | NS      | $68627733.44  | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| TDK Corp.                                      | TDK Corp.                                                             | CUSIP: N/A<br>LEI: 3538005O8WNU39U8NX03       | Long             | EC               | CORP              | JP        |    575600 | NS      | $7012500.76   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Fisher & Paykel Healthcare Corp. Ltd.          | Fisher & Paykel Healthcare Corp. Ltd.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |    167461 | NS      | $3630366.92   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sands China Ltd.                               | Sands China Ltd.                                                      | CUSIP: N/A<br>LEI: 549300EVO6UZDGY05787       | Long             | EC               | CORP              | KY        |    674400 | NS      | $1632566.54   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Smiths Group plc                               | Smiths Group plc                                                      | CUSIP: N/A<br>LEI: 213800MJL6IPZS3ASA11       | Long             | EC               | CORP              | GB        |    101247 | NS      | $3136245.12   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Volkswagen AG                                  | Volkswagen AG (Preference)                                            | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EC               | CORP              | DE        |     62584 | NS      | $6544147.74   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Holdings Co. Ltd.                       | Otsuka Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    140600 | NS      | $6693925.21   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ANDRITZ AG                                     | ANDRITZ AG                                                            | CUSIP: N/A<br>LEI: 549300VZKC61IR5U8G96       | Long             | EC               | CORP              | AT        |     19589 | NS      | $1363217.73   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandoz Group AG                                | Sandoz Group AG                                                       | CUSIP: N/A<br>LEI: 5493000JWK6XWFEUD320       | Long             | EC               | CORP              | CH        |    125446 | NS      | $7174122.59   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Santander Bank Polska SA                       | Santander Bank Polska SA                                              | CUSIP: N/A<br>LEI: 259400LGXW3K0GDAG361       | Long             | EC               | CORP              | PL        |     11664 | NS      | $1700829.61   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX Corp.                                     | ORIX Corp.                                                            | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |    344800 | NS      | $7745257.81   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Beiersdorf AG                                  | Beiersdorf AG                                                         | CUSIP: N/A<br>LEI: L47NHHI0Z9X22DV46U41       | Long             | EC               | CORP              | DE        |     29198 | NS      | $3628210.04   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Renesas Electronics Corp.                      | Renesas Electronics Corp.                                             | CUSIP: N/A<br>LEI: 5299000EPC47VJQOFB81       | Long             | EC               | CORP              | JP        |    480500 | NS      | $5844351.85   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Dino Polska SA                                 | Dino Polska SA                                                        | CUSIP: N/A<br>LEI: 259400H4L81SMPRTW956       | Long             | EC               | CORP              | PL        |    144500 | NS      | $1905686.78   | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nexon Co. Ltd.                                 | Nexon Co. Ltd.                                                        | CUSIP: N/A<br>LEI: 5299005SFO0GAJFLKN43       | Long             | EC               | CORP              | JP        |    125600 | NS      | $2298234.50   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Orsted A/S                                     | Orsted A/S                                                            | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |     44400 | NS      | $2092638.87   | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Inpex Corp.                                    | Inpex Corp.                                                           | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |    263100 | NS      | $3746217.63   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Galp Energia SGPS SA                           | Galp Energia SGPS SA                                                  | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |    125890 | NS      | $2403900.77   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto plc                                  | Rio Tinto plc                                                         | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |    324305 | NS      | $19315424.25  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicharm Corp.                                 | Unicharm Corp.                                                        | CUSIP: N/A<br>LEI: 353800UQ4BZIJTAQEG85       | Long             | EC               | CORP              | JP        |    348800 | NS      | $2412701.24   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Safran SA                                      | Safran SA                                                             | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |    105504 | NS      | $34790095.30  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group plc                              | Ashtead Group plc                                                     | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |    130525 | NS      | $8720553.24   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrica plc                                   | Centrica plc                                                          | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |   1497962 | NS      | $3256200.59   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Trend Micro, Inc.                              | Trend Micro, Inc.                                                     | CUSIP: N/A<br>LEI: 3538005O5UJ5RNAGVE16       | Long             | EC               | CORP              | JP        |     38100 | NS      | $2323279.51   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                                    | Equinor ASA                                                           | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |    217447 | NS      | $5585687.60   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Group plc                                | Kerry Group plc, Class A                                              | CUSIP: N/A<br>LEI: 635400TLVVBNXLFHWC59       | Long             | EC               | CORP              | IE        |     44533 | NS      | $4113516.78   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Nice Ltd.                                      | Nice Ltd.                                                             | CUSIP: N/A<br>LEI: 254900YTY4EF5Z4W0A51       | Long             | EC               | CORP              | IL        |     19220 | NS      | $3000457.17   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hankyu Hanshin Holdings, Inc.                  | Hankyu Hanshin Holdings, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     72300 | NS      | $1884257.47   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                       | Svenska Handelsbanken AB, Class B                                     | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |     10616 | NS      | $207439.91    | 0.00%             |  |  |  | No            |                  2 | On Loan: —       |
| Santos Ltd.                                    | Santos Ltd.                                                           | CUSIP: N/A<br>LEI: 5299000RK70B5O2M7077       | Long             | EC               | CORP              | AU        |    934450 | NS      | $4702049.40   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BPM SpA                                  | Banco BPM SpA                                                         | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |    398242 | NS      | $5078846.41   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                         | Yara International ASA                                                | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               | CORP              | NO        |     49074 | NS      | $1814126.36   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Elbit Systems Ltd.                             | Elbit Systems Ltd.                                                    | CUSIP: N/A<br>LEI: 529900Q9CB1REUMZSS32       | Long             | EC               | CORP              | IL        |      6974 | NS      | $3217332.00   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Aeon Co. Ltd.                                  | Aeon Co. Ltd.                                                         | CUSIP: N/A<br>LEI: 5299009MXFL34SA71416       | Long             | EC               | CORP              | JP        |    267200 | NS      | $8535131.60   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co. Ltd.                 | Techtronic Industries Co. Ltd.                                        | CUSIP: N/A<br>LEI: 549300HZW2SBE758OK89       | Long             | EC               | CORP              | HK        |    444500 | NS      | $5315176.86   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Corp.                                 | SoftBank Corp.                                                        | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |   8499100 | NS      | $12279815.29  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Telegraph & Telephone Corp.             | NTT, Inc.                                                             | CUSIP: N/A<br>LEI: 353800VHQU5VIXVUA841       | Long             | EC               | CORP              | JP        |   8312600 | NS      | $8394575.56   | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| Volvo AB                                       | Volvo AB, Class B                                                     | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |    466674 | NS      | $13402785.50  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Nitori Holdings Co. Ltd.                       | Nitori Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     24800 | NS      | $2100233.05   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MTR Corp. Ltd.                                 | MTR Corp. Ltd.                                                        | CUSIP: N/A<br>LEI: 254900IH4U9NHH9AQM97       | Long             | EC               | CORP              | HK        |    478000 | NS      | $1719495.44   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius SE & Co. KGaA                        | Fresenius SE & Co. KGaA                                               | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |    124789 | NS      | $5956265.28   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd.                                 | AIA Group Ltd.                                                        | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   3246000 | NS      | $30266262.88  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Sigma Healthcare Ltd.                          | Sigma Healthcare Ltd.                                                 | CUSIP: N/A<br>LEI: 529900BZSP3BK7GYAO50       | Long             | EC               | CORP              | AU        |   1688705 | NS      | $3119234.66   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Skanska AB                                     | Skanska AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300UINV5RINHGMG07       | Long             | EC               | CORP              | SE        |     99250 | NS      | $2315154.28   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg A/S                                  | Carlsberg A/S, Class B                                                | CUSIP: N/A<br>LEI: 5299001O0WJQYB5GYZ19       | Long             | EC               | CORP              | DK        |     28028 | NS      | $3494175.20   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                               | TotalEnergies SE                                                      | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |    619620 | NS      | $36846015.44  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Woolworths Group Ltd.                          | Woolworths Group Ltd.                                                 | CUSIP: N/A<br>LEI: QNWEWQBS7HP85QHXQL92       | Long             | EC               | CORP              | AU        |    370753 | NS      | $7484798.19   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Naturgy Energy Group SA                        | Naturgy Energy Group SA                                               | CUSIP: N/A<br>LEI: TL2N6M87CW970S5SV098       | Long             | EC               | CORP              | ES        |     31909 | NS      | $1000671.86   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| JPMorgan U.S. Government Money Market Fund     | JPMorgan U.S. Government Money Market Fund, Class IM                  | CUSIP: 4812C2270<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | STIV             | RF                | US        |  16469881 | NS      | $16469881.10  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone OYJ                                       | Kone OYJ, Class B                                                     | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |    107617 | NS      | $6608596.61   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                       | Engie SA                                                              | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |    532076 | NS      | $11960130.59  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Salmar ASA                                     | Salmar ASA                                                            | CUSIP: N/A<br>LEI: 5967007LIEEXZXGDBK67       | Long             | EC               | CORP              | NO        |     21837 | NS      | $887107.66    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Lonza Group AG                                 | Lonza Group AG (Registered)                                           | CUSIP: N/A<br>LEI: 549300EFW4H2TCZ71055       | Long             | EC               | CORP              | CH        |     21209 | NS      | $14782016.04  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizrahi Tefahot Bank Ltd.                      | Mizrahi Tefahot Bank Ltd.                                             | CUSIP: N/A<br>LEI: YZO9YEGEO4VYDZMDWF93       | Long             | EC               | CORP              | IL        |     42497 | NS      | $2625202.52   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BT Group plc                                   | BT Group plc                                                          | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |   1882772 | NS      | $5141922.26   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica SA                                  | Telefonica SA                                                         | CUSIP: 879382109<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |   1367534 | NS      | $7057568.18   | 0.13%             |  |  |  | No            |                  2 | On Loan: —       |
| Bayerische Motoren Werke AG                    | Bayerische Motoren Werke AG                                           | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |     85478 | NS      | $8133360.26   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                      | Nestle SA (Registered)                                                | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |    779617 | NS      | $68120657.93  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Admiral Group plc                              | Admiral Group plc                                                     | CUSIP: N/A<br>LEI: 213800FGVM7Z9EJB2685       | Long             | EC               | CORP              | GB        |     69990 | NS      | $3154906.08   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Transurban Group                               | Transurban Group                                                      | CUSIP: N/A<br>LEI: 549300ZR71SUQ4VUTM79       | Long             | EC               | CORP              | AU        |    937292 | NS      | $8294869.87   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Coles Group Ltd.                               | Coles Group Ltd.                                                      | CUSIP: N/A<br>LEI: 549300OHQRG2HN8LZ793       | Long             | EC               | CORP              | AU        |    406205 | NS      | $5408199.65   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV A/S                                        | DSV A/S                                                               | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |     58003 | NS      | $12997603.00  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                                   | KBC Group NV                                                          | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |     75946 | NS      | $7921473.35   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Austria AG                             | Telekom Austria AG                                                    | CUSIP: N/A<br>LEI: 529900KCNFQU5OJH7L33       | Long             | EC               | CORP              | AT        |     26268 | NS      | $278786.49    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Exchange Group, Inc.                     | Japan Exchange Group, Inc.                                            | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Long             | EC               | CORP              | JP        |    316000 | NS      | $3088073.05   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Kongsberg Gruppen ASA                          | Kongsberg Gruppen ASA                                                 | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ9HK73       | Long             | EC               | CORP              | NO        |    132669 | NS      | $3964565.61   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                               | Coca-Cola HBC AG                                                      | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |     61200 | NS      | $3180698.74   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikma Pharmaceuticals plc                      | Hikma Pharmaceuticals plc                                             | CUSIP: N/A<br>LEI: 549300BNS685UXH4JI75       | Long             | EC               | CORP              | GB        |     47604 | NS      | $1230433.66   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| McDonald's Holdings Co. Japan Ltd.             | McDonald's Holdings Co. Japan Ltd.                                    | CUSIP: N/A<br>LEI: 529900FY9FV0AYNRC729       | Long             | EC               | CORP              | JP        |     26300 | NS      | $1050244.83   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| IHI Corp.                                      | IHI Corp.                                                             | CUSIP: N/A<br>LEI: 549300ETQIESIUQ2OE26       | Long             | EC               | CORP              | JP        |     45900 | NS      | $5111276.20   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Obic Co. Ltd.                                  | Obic Co. Ltd.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     98700 | NS      | $3513975.19   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Aviation SA                           | Dassault Aviation SA                                                  | CUSIP: N/A<br>LEI: 969500CVFTUT88V8QN95       | Long             | EC               | CORP              | FR        |      5432 | NS      | $1691293.23   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew plc                             | Smith & Nephew plc                                                    | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |    264813 | NS      | $4047126.90   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| AGC, Inc.                                      | AGC, Inc.                                                             | CUSIP: N/A<br>LEI: JE4WFFEELMVPFZ0G1E77       | Long             | EC               | CORP              | JP        |     64400 | NS      | $1938096.99   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Yakult Honsha Co. Ltd.                         | Yakult Honsha Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800YJPSPGG7KI0S71       | Long             | EC               | CORP              | JP        |     86100 | NS      | $1385137.17   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                       | Volvo AB, Class A                                                     | CUSIP: 928856202<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     57245 | NS      | $1641215.96   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion OYJ                                      | Orion OYJ, Class A                                                    | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |      8172 | NS      | $648610.71    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene OYJ                                | UPM-Kymmene OYJ                                                       | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |    160045 | NS      | $4148011.50   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                | Nordea Bank Abp                                                       | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |    916500 | NS      | $13381552.16  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| EXOR NV                                        | EXOR NV                                                               | CUSIP: N/A<br>LEI: 5493002ENHZ6NYET7405       | Long             | EC               | CORP              | NL        |     27891 | NS      | $2688036.94   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| CLP Holdings Ltd.                              | CLP Holdings Ltd.                                                     | CUSIP: N/A<br>LEI: 25490002BUTSMP94GO68       | Long             | EC               | CORP              | HK        |    549500 | NS      | $4769538.74   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimadzu Corp.                                 | Shimadzu Corp.                                                        | CUSIP: N/A<br>LEI: 353800Y64Z08WEH8PH97       | Long             | EC               | CORP              | JP        |     87700 | NS      | $1941387.85   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bunzl plc                                      | Bunzl plc                                                             | CUSIP: N/A<br>LEI: 213800Q1Q9DV4L78UM09       | Long             | EC               | CORP              | GB        |     94888 | NS      | $2816036.04   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Oriental Land Co. Ltd.                         | Oriental Land Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800PIFKBZ6KTU5994       | Long             | EC               | CORP              | JP        |    340000 | NS      | $7000777.42   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Pearson plc                                    | Pearson plc                                                           | CUSIP: N/A<br>LEI: 2138004JBXWWJKIURC57       | Long             | EC               | CORP              | GB        |    200798 | NS      | $2839475.72   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| South32 Ltd.                                   | South32 Ltd.                                                          | CUSIP: N/A<br>LEI: 213800LAZNPXSBKVHR17       | Long             | EC               | CORP              | AU        |   1374639 | NS      | $2570631.02   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Daikin Industries Ltd.                         | Daikin Industries Ltd.                                                | CUSIP: N/A<br>LEI: 549300Y7FWSTSHMW5Y57       | Long             | EC               | CORP              | JP        |     88800 | NS      | $10918478.59  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcon AG                                       | Alcon AG                                                              | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |    149263 | NS      | $13085585.61  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                             | Cellnex Telecom SA                                                    | CUSIP: N/A<br>LEI: 5493008T4YG3AQUI7P67       | Long             | EC               | CORP              | ES        |    173785 | NS      | $6132796.20   | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SG Holdings Co. Ltd.                           | SG Holdings Co. Ltd.                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    124300 | NS      | $1379035.42   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissan Motor Co. Ltd.                          | Nissan Motor Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 353800DRBDH1LUTNAY26       | Long             | EC               | CORP              | JP        |    654100 | NS      | $1386888.83   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Pacific Ltd.                             | Swire Pacific Ltd., Class B                                           | CUSIP: N/A<br>LEI: 549300KZOZHII0DGF611       | Long             | EC               | CORP              | HK        |    217500 | NS      | $341705.09    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Sysmex Corp.                                   | Sysmex Corp.                                                          | CUSIP: N/A<br>LEI: 5299001ZO4CKWACMZI55       | Long             | EC               | CORP              | JP        |    167100 | NS      | $2714682.30   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken NV                                    | Heineken NV                                                           | CUSIP: N/A<br>LEI: 724500K5PTPSST86UQ23       | Long             | EC               | CORP              | NL        |     85334 | NS      | $6698014.11   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                       | Tele2 AB, Class B                                                     | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |    167801 | NS      | $2593385.20   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SGH Ltd.                                       | SGH Ltd.                                                              | CUSIP: N/A<br>LEI: 254900DME8O9GCK94794       | Long             | EC               | CORP              | AU        |     60527 | NS      | $1979677.83   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Jardine Cycle & Carriage Ltd.                  | Jardine Cycle & Carriage Ltd.                                         | CUSIP: N/A<br>LEI: 254900WEP6OCEXFWML09       | Long             | EC               | CORP              | SG        |     17600 | NS      | $356396.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd.                                   | Fujitsu Ltd.                                                          | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |    543600 | NS      | $11841737.21  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Heidelberg Materials AG                        | Heidelberg Materials AG                                               | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |     38829 | NS      | $8957646.74   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Medibank Pvt Ltd.                              | Medibank Pvt Ltd.                                                     | CUSIP: N/A<br>LEI: BDYVSUPTML83OLINBJ17       | Long             | EC               | CORP              | AU        |    835846 | NS      | $2731883.64   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                   | National Australia Bank Ltd.                                          | CUSIP: N/A<br>LEI: F8SB4JFBSYQFRQEH3Z21       | Long             | EC               | CORP              | AU        |    932977 | NS      | $23153365.87  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Ramsay Health Care Ltd.                        | Ramsay Health Care Ltd.                                               | CUSIP: N/A<br>LEI: 549300QBX122KF2JPI10       | Long             | EC               | CORP              | AU        |     56194 | NS      | $1391065.23   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TPG Telecom Ltd.                               | TPG Telecom Ltd.                                                      | CUSIP: N/A<br>LEI: 9845008F2E58CD6F7984       | Long             | EC               | CORP              | AU        |    128192 | NS      | $454695.53    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Givaudan SA                                    | Givaudan SA (Registered)                                              | CUSIP: N/A<br>LEI: 213800SVRMQA1TD91D41       | Long             | EC               | CORP              | CH        |      2462 | NS      | $10292022.35  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                   | CaixaBank SA                                                          | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |   1080531 | NS      | $10165972.19  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Vicinity Ltd.                                  | Vicinity Ltd.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1094264 | NS      | $1722918.74   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Vend Marketplaces ASA                          | Vend Marketplaces ASA, Class A                                        | CUSIP: N/A<br>LEI: 5967007LIEEXZXHT0O36       | Long             | EC               | CORP              | NO        |     19937 | NS      | $786953.59    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                            | Deutsche Telekom AG (Registered)                                      | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |   1009870 | NS      | $36219919.19  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                    | Novartis AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |    573068 | NS      | $65265041.19  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Sompo Holdings, Inc.                           | Sompo Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |    285200 | NS      | $8409707.88   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                      | Prosus NV                                                             | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |    382014 | NS      | $21822857.70  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American plc                             | Anglo American plc                                                    | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |    324062 | NS      | $9118492.51   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedish Orphan Biovitrum AB                    | Swedish Orphan Biovitrum AB                                           | CUSIP: N/A<br>LEI: 549300124Y3MQI87PT35       | Long             | EC               | CORP              | SE        |     49306 | NS      | $1355741.80   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| DiaSorin SpA                                   | DiaSorin SpA                                                          | CUSIP: N/A<br>LEI: 8156002878BDF0EE4348       | Long             | EC               | CORP              | IT        |      6783 | NS      | $663140.63    | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| BlueScope Steel Ltd.                           | BlueScope Steel Ltd.                                                  | CUSIP: N/A<br>LEI: 529900H6UQI16XACWC95       | Long             | EC               | CORP              | AU        |    132985 | NS      | $2016092.82   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Barratt Redrow plc                             | Barratt Redrow plc                                                    | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |    388868 | NS      | $1914962.90   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electric Power Co. Holdings, Inc.        | Tokyo Electric Power Co. Holdings, Inc.                               | CUSIP: N/A<br>LEI: 5299004EMJ3R4RVR5Y75       | Long             | EC               | CORP              | JP        |    468600 | NS      | $1774374.48   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Keyence Corp.                                  | Keyence Corp.                                                         | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |     56800 | NS      | $20546346.74  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Bureau Veritas SA                              | Bureau Veritas SA                                                     | CUSIP: N/A<br>LEI: 969500TPU5T3HA5D1F11       | Long             | EC               | CORP              | FR        |     94708 | NS      | $2916639.13   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Essity AB                                      | Essity AB, Class B                                                    | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |    181637 | NS      | $4478720.10   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Technologies Engineering Ltd.        | Singapore Technologies Engineering Ltd.                               | CUSIP: N/A<br>LEI: 254900OEXGGWCR24DG90       | Long             | EC               | CORP              | SG        |    473800 | NS      | $3187387.65   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Real Estate Investment Corp.             | Japan Real Estate Investment Corp.                                    | CUSIP: N/A<br>LEI: 3538003YAIR3CBGJJ928       | Long             | EC               | CORP              | JP        |      2147 | NS      | $1741443.91   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev SA                        | Anheuser-Busch InBev SA                                               | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |    296871 | NS      | $17067911.10  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Tryg A/S                                       | Tryg A/S                                                              | CUSIP: N/A<br>LEI: 213800ZRS8AC4LSTCE39       | Long             | EC               | CORP              | DK        |     93705 | NS      | $2260344.97   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Stora Enso OYJ                                 | Stora Enso OYJ, Class R                                               | CUSIP: N/A<br>LEI: 7437000ZP669LKUTZ738       | Long             | EC               | CORP              | FI        |    178276 | NS      | $1834368.91   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Siemens Energy AG                              | Siemens Energy AG                                                     | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |    204127 | NS      | $23633573.84  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrivarden AB                              | Industrivarden AB, Class A                                            | CUSIP: N/A<br>LEI: 549300TM1DLIQI3B3T37       | Long             | EC               | CORP              | SE        |     34700 | NS      | $1283828.56   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Group Holdings Ltd.                      | Asahi Group Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |    456100 | NS      | $5786121.16   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortum OYJ                                     | Fortum OYJ                                                            | CUSIP: N/A<br>LEI: 635400IUIZZIUJSAMF76       | Long             | EC               | CORP              | FI        |    132621 | NS      | $2433030.68   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Disco Corp.                                    | Disco Corp.                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     27800 | NS      | $8215642.49   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| International Consolidated Airlines Group SA   | International Consolidated Airlines Group SA                          | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |   1056758 | NS      | $5280188.71   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| BioNTech SE                                    | BioNTech SE                                                           | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |     28528 | NS      | $3066760.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Hulic Co. Ltd.                                 | Hulic Co. Ltd.                                                        | CUSIP: N/A<br>LEI: 3538002E12E7IHAKTB10       | Long             | EC               | CORP              | JP        |    171800 | NS      | $1638578.25   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Ascendas REIT                       | CapitaLand Ascendas                                                   | CUSIP: N/A<br>LEI: 549300ILIBAEMQZK3L20       | Long             | EC               | CORP              | SG        |   1103300 | NS      | $2362305.99   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Orica Ltd.                                     | Orica Ltd.                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    147914 | NS      | $2019922.51   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FinecoBank Banca Fineco SpA                    | FinecoBank Banca Fineco SpA                                           | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    185299 | NS      | $3945763.24   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Konami Group Corp.                             | Konami Group Corp.                                                    | CUSIP: N/A<br>LEI: 353800FC4A5QCMIZFV94       | Long             | EC               | CORP              | JP        |     27500 | NS      | $3733367.64   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                   | Capgemini SE                                                          | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |     51528 | NS      | $7671307.12   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                | Telefonaktiebolaget LM Ericsson, Class A                              | CUSIP: N/A<br>LEI: 549300W9JLPW15XIFM52       | Long             | EC               | CORP              | SE        |     16565 | NS      | $120520.68    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp.                             | Suzuki Motor Corp.                                                    | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |    556800 | NS      | $6117881.07   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| MINEBEA MITSUMI, Inc.                          | MINEBEA MITSUMI, Inc.                                                 | CUSIP: N/A<br>LEI: 353800CCB0CZ75YZ4010       | Long             | EC               | CORP              | JP        |    113100 | NS      | $1780011.24   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SCREEN Holdings Co. Ltd.                       | SCREEN Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: 353800ND89FTQ9XQ0R07       | Long             | EC               | CORP              | JP        |     29200 | NS      | $2277889.05   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                              | HSBC Holdings plc                                                     | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |   5361002 | NS      | $65312942.89  | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Schindler Holding AG                           | Schindler Holding AG (Registered)                                     | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |      6280 | NS      | $2202581.31   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Henderson Land Development Co. Ltd.            | Henderson Land Development Co. Ltd.                                   | CUSIP: N/A<br>LEI: 529900SYQB7IVR9QGN76       | Long             | EC               | CORP              | HK        |    402000 | NS      | $1406709.32   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| L E Lundbergforetagen AB                       | L E Lundbergforetagen AB, Class B                                     | CUSIP: N/A<br>LEI: 529900BPSFZS6O3A9R04       | Long             | EC               | CORP              | SE        |     22747 | NS      | $1109533.59   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Spirax Group plc                               | Spirax Group plc                                                      | CUSIP: N/A<br>LEI: 213800WFVZQMHOZP2W17       | Long             | EC               | CORP              | GB        |     21607 | NS      | $1805668.04   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co. Ltd.                    | Shin-Etsu Chemical Co. Ltd.                                           | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |    600700 | NS      | $17286294.79  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| UCB SA                                         | UCB SA                                                                | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |     36506 | NS      | $7843500.62   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                     | L'Oreal SA                                                            | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |     73370 | NS      | $32465018.42  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Wise plc                                       | Wise plc, Class A                                                     | CUSIP: N/A<br>LEI: 213800LD9XCHIC1C4V71       | Long             | EC               | CORP              | GB        |    207170 | NS      | $2767582.18   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Bollore SE                                     | Bollore SE                                                            | CUSIP: N/A<br>LEI: 969500LEKCHH6VV86P94       | Long             | EC               | CORP              | FR        |    209740 | NS      | $1209794.57   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto Trader Group plc                          | Auto Trader Group plc                                                 | CUSIP: N/A<br>LEI: 213800QLK9BZILB1DI86       | Long             | EC               | CORP              | GB        |    266489 | NS      | $2941983.95   | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Continental AG                                 | Continental AG                                                        | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |     32779 | NS      | $2799676.70   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| CVC Capital Partners plc                       | CVC Capital Partners plc                                              | CUSIP: N/A<br>LEI: 213800E8UQS1KA32YD39       | Long             | EC               | CORP              | JE        |    235833 | NS      | $4522292.82   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kingfisher plc                                 | Kingfisher plc                                                        | CUSIP: N/A<br>LEI: 213800KBMEV7I92FY281       | Long             | EC               | CORP              | GB        |    515740 | NS      | $1833870.87   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Isuzu Motors Ltd.                              | Isuzu Motors Ltd.                                                     | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |    172800 | NS      | $2214607.08   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bouygues SA                                    | Bouygues SA                                                           | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |     56481 | NS      | $2325693.63   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Land Securities Group plc                      | Land Securities Group plc                                             | CUSIP: N/A<br>LEI: 213800V8IAVKS37D6B88       | Long             | EC               | CORP              | GB        |    224928 | NS      | $1710564.91   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Boliden AB                                     | Boliden AB                                                            | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |     86221 | NS      | $2639158.60   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group plc                              | NatWest Group plc                                                     | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |   2337025 | NS      | $16222653.23  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Repsol SA                                      | Repsol SA                                                             | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |    346645 | NS      | $5255751.56   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Century Corp.                            | Tokyo Century Corp.                                                   | CUSIP: N/A<br>LEI: 35380096ZLHOF84DXR74       | Long             | EC               | CORP              | JP        |     50300 | NS      | $575670.63    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Re AG                                    | Swiss Re AG                                                           | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |     89162 | NS      | $15960122.23  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrari NV                                     | Ferrari NV                                                            | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |     37104 | NS      | $16270389.88  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Bridgestone Corp.                              | Bridgestone Corp.                                                     | CUSIP: N/A<br>LEI: 549300DHPOF90OYYD780       | Long             | EC               | CORP              | JP        |    177900 | NS      | $7196090.48   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE plc                                        | SSE plc                                                               | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |    331670 | NS      | $8129976.06   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Verbund AG                                     | Verbund AG                                                            | CUSIP: N/A<br>LEI: 5299006UDSEJCTTEJS30       | Long             | EC               | CORP              | AT        |     20718 | NS      | $1542653.43   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| InterContinental Hotels Group plc              | InterContinental Hotels Group plc                                     | CUSIP: N/A<br>LEI: 2138007ZFQYRUSLU3J98       | Long             | EC               | CORP              | GB        |     46836 | NS      | $5388022.68   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings plc                       | Rolls-Royce Holdings plc                                              | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |   2539745 | NS      | $36046552.15  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp.                      | Mitsubishi Electric Corp.                                             | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |    629800 | NS      | $14165615.95  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                              | Hannover Rueck SE                                                     | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |     18228 | NS      | $5529347.56   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| H & M Hennes & Mauritz AB                      | H & M Hennes & Mauritz AB, Class B                                    | CUSIP: N/A<br>LEI: 529900O5RR7R39FRDM42       | Long             | EC               | CORP              | SE        |    150216 | NS      | $2023657.41   | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Singapore Exchange Ltd.                        | Singapore Exchange Ltd.                                               | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | EC               | CORP              | SG        |    248800 | NS      | $3050686.88   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                   | DNB Bank ASA                                                          | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |    225375 | NS      | $5701930.70   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| MTU Aero Engines AG                            | MTU Aero Engines AG                                                   | CUSIP: N/A<br>LEI: 529900807L67JY81RD65       | Long             | EC               | CORP              | DE        |     15303 | NS      | $6601083.14   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Makita Corp.                                   | Makita Corp.                                                          | CUSIP: N/A<br>LEI: 529900CDR9E94BCM6294       | Long             | EC               | CORP              | JP        |     75000 | NS      | $2321859.76   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co. Ltd.                  | Murata Manufacturing Co. Ltd.                                         | CUSIP: N/A<br>LEI: 529900QZG6DL8ZRI7140       | Long             | EC               | CORP              | JP        |    561200 | NS      | $8352948.51   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Metal Mining Co. Ltd.                 | Sumitomo Metal Mining Co. Ltd.                                        | CUSIP: N/A<br>LEI: 353800CF81IXL9974H84       | Long             | EC               | CORP              | JP        |     79700 | NS      | $1753025.23   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                               | Pernod Ricard SA                                                      | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |     59751 | NS      | $6140540.74   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commercial Trust         | CapitaLand Integrated Commercial Trust                                | CUSIP: N/A<br>LEI: 54930031292WUTXF0L29       | Long             | EC               | CORP              | SG        |   1485358 | NS      | $2507971.36   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                     | Merck KGaA                                                            | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |     39224 | NS      | $4902390.21   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd.                      | United Overseas Bank Ltd.                                             | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |    407300 | NS      | $11315908.96  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Taylor Wimpey plc                              | Taylor Wimpey plc                                                     | CUSIP: N/A<br>LEI: 21380089BTRXTD8S3R66       | Long             | EC               | CORP              | GB        |   1066743 | NS      | $1435287.94   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| APA Group                                      | APA Group                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    395915 | NS      | $2129383.80   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Aviva plc                                      | Aviva plc                                                             | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |    920224 | NS      | $7862399.68   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Origin Energy Ltd.                             | Origin Energy Ltd.                                                    | CUSIP: N/A<br>LEI: ZSN2LWNPYW6ISMRUC664       | Long             | EC               | CORP              | AU        |    522858 | NS      | $3909833.85   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                               | Deutsche Bank AG (Registered)                                         | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |    542189 | NS      | $17857829.43  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                           | Henkel AG & Co. KGaA (Preference)                                     | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     49417 | NS      | $3808031.55   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Industries Corp.                        | Toyota Industries Corp.                                               | CUSIP: N/A<br>LEI: 35380000WKGEAHEMW830       | Long             | EC               | CORP              | JP        |     54900 | NS      | $5870601.49   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Melrose Industries plc                         | Melrose Industries plc                                                | CUSIP: N/A<br>LEI: 213800RGNXXZY2M7TR85       | Long             | EC               | CORP              | GB        |    360612 | NS      | $2434720.24   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG         | Chocoladefabriken Lindt & Spruengli AG (Registered)                   | CUSIP: N/A<br>LEI: 529900JYJNNOKKAGK736       | Long             | EC               | CORP              | CH        |        32 | NS      | $4679114.76   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| EMS-Chemie Holding AG                          | EMS-Chemie Holding AG (Registered)                                    | CUSIP: N/A<br>LEI: 529900G1XFTGSE0DIX60       | Long             | EC               | CORP              | CH        |      2056 | NS      | $1617643.57   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-02

**Name of Applicant:** J.P. Morgan Exchange-Traded Fund Trust

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer