# EDGAR Filing Document

**Accession Number:** 0001552740
**File Stem:** 0001752724-25-202610
**Filing Date:** 2025-8
**Character Count:** 194217
**Document Hash:** e0386ceee23dcbcaa327d1e95027f431
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-202610.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-202610

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND VI
- **CENTRAL INDEX KEY:** 0001552740

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22717
- **FILM NUMBER:** 251250720

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

## Series and Classes Contracts Data

### First Trust Nasdaq Oil & Gas ETF (Series ID: S000053944)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000169746 | First Trust Nasdaq Oil & Gas ETF | FTXN            |

## Nport-Ex

**First Trust Nasdaq Bank ETF (FTXO)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.7%** | **COMMON STOCKS — 99.7%** | **COMMON STOCKS — 99.7%** |
|  | **Banks — 99.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27311 | Ameris Bancorp | $1767022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17363 | Axos Financial, Inc. (a) | 1320282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9718 | BancFirst Corp. | 1201339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20779 | Bancorp (The), Inc. (a) | 1183780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397287 | Bank of America Corp. | 18799621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52553 | Bank OZK | 2473144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23940 | BOK Financial Corp. | 2337262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76599 | Cadence Bank | 2449636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28495 | Cathay General Bancorp | 1297377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 229080 | Citigroup, Inc. | 19499290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200076 | Citizens Financial Group, Inc. | 8953401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90021 | Columbia Banking System, Inc. | 2104691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44938 | Comerica, Inc. | 2680552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23921 | Commerce Bancshares, Inc. | 1487169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18326 | &nbsp;&nbsp;&nbsp; Community Financial System, <br> Inc. | 1042200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12877 | Cullen/Frost Bankers, Inc. | 1655210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38450 | East West Bancorp, Inc. | 3882681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 189580 | Fifth Third Bancorp | 7797425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59571 | First BanCorp | 1240864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4471 | &nbsp;&nbsp;&nbsp; First Citizens BancShares, Inc., <br> Class A | 8747377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42316 | First Financial Bancorp | 1026586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30798 | First Financial Bankshares, Inc. | 1108112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45729 | First Hawaiian, Inc. | 1141396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183122 | First Horizon Corp. | 3882186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26481 | First Merchants Corp. | 1014222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33967 | Hancock Whitney Corp. | 1949706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62178 | Home BancShares, Inc. | 1769586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 506704 | Huntington Bancshares, Inc. | 8492359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20524 | Independent Bank Corp. | 1290652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19625 | International Bancshares Corp. | 1306240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69205 | JPMorgan Chase & Co. | 20063222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47765 | M&T Bank Corp. | 9265932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120946 | Old National Bancorp | 2580988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25571 | Pinnacle Financial Partners, Inc. | 2823294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47715 | &nbsp;&nbsp;&nbsp; PNC Financial Services Group <br> (The), Inc. | 8895030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45560 | Prosperity Bancshares, Inc. | 3200134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 320511 | Regions Financial Corp. | 7538419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12690 | ServisFirst Bancshares, Inc. | 983602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27474 | SouthState Corp. | 2528432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42658 | Synovus Financial Corp. | 2207551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31449 | TowneBank | 1074927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 390511 | U.S. Bancorp | 17670623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14771 | UMB Financial Corp. | 1553318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 338308 | Valley National Bancorp | 3021090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73870 | Webster Financial Corp. | 4033302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 233848 | Wells Fargo & Co. | 18735902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34681 | Western Alliance Bancorp | 2704424 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Banks (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22405 | Wintrust Financial Corp. | $2777772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22427 | WSFS Financial Corp. | 1233485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52704 | Zions Bancorp N.A. | 2737446 |
|  | **Total Common Stocks** | 230530261 |
|  | (Cost $211,252,822) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 166896 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | 166896 |
|  | (Cost $166,896) |  |
|  | **Total Investments — 99.8%** | 230697157 |
|  | (Cost $211,419,718) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.2%** | 533070 |
|  | **Net Assets — 100.0%** | $231230227 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $230530261 | $230530261 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 166896 | &nbsp;&nbsp; 166896 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $230697157 | $230697157 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust Nasdaq Food & Beverage ETF (FTXG)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** |
|  | **Beverages — 34.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12128 | Brown-Forman Corp., Class B | $326364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33768 | Coca-Cola (The) Co. | 2389086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3798 | Coca-Cola Consolidated, Inc. | 424047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6851 | &nbsp;&nbsp;&nbsp; Constellation Brands, Inc., <br> Class A | 1114521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35868 | Keurig Dr Pepper, Inc. | 1185796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18690 | &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co., <br> Class B | 898802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20696 | Monster Beverage Corp. (a) | 1296397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3794 | National Beverage Corp. (a) | 164053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15668 | PepsiCo, Inc. | 2068803 |
|  |  | 9867869 |
|  | **Chemicals — 4.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19091 | Corteva, Inc. | 1422852 |
|  | **Consumer Staples Distribution** <br> **& Retail — 2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9576 | US Foods Holding Corp. (a) | 737448 |
|  | **Food Products — 57.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25473 | Archer-Daniels-Midland Co. | 1344465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15509 | Bunge Global S.A. | 1245062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1851 | Cal-Maine Foods, Inc. | 184415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17557 | Campbell's (The) Co. | 538122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44744 | Conagra Brands, Inc. | 915910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12673 | Flowers Foods, Inc. | 202514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32375 | General Mills, Inc. | 1677349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6961 | Hershey (The) Co. | 1155178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26599 | Hormel Foods Corp. | 804620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6561 | Ingredion, Inc. | 889803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7798 | J.M. Smucker (The) Co. | 765763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74835 | Kraft Heinz (The) Co. | 1932240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 791 | Lancaster Colony Corp. | 136661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6537 | McCormick & Co., Inc. | 495635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37438 | &nbsp;&nbsp;&nbsp; Mondelez International, Inc., <br> Class A | 2524819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5337 | Post Holdings, Inc. (a) | 581893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4003 | &nbsp;&nbsp;&nbsp; Simply Good Foods (The) <br> Co. (a) | 126455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19601 | Tyson Foods, Inc., Class A | 1096480 |
|  |  | 16617384 |
|  | **Personal Care Products —** <br> **0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2062 | BellRing Brands, Inc. (a) | 119452 |
|  | **Total Common Stocks** | 28765005 |
|  | (Cost $33,876,207) |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19752 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | $19752 |
|  | (Cost $19,752) |  |
|  | **Total Investments — 99.9%** | 28784757 |
|  | (Cost $33,895,959) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.1%** | 30139 |
|  | **Net Assets — 100.0%** | $28814896 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $28765005 | $28765005 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 19752 | &nbsp;&nbsp; 19752 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $28784757 | $28784757 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust Nasdaq Oil & Gas ETF (FTXN)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Energy Equipment & Services** <br> **— 10.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24418 | Archrock, Inc. | $606299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62416 | Baker Hughes Co. | 2393029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12604 | Cactus, Inc., Class A | 551047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 128583 | Halliburton Co. | 2620522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15401 | Kodiak Gas Services, Inc. | 527792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40830 | Liberty Energy, Inc. | 468728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73423 | NOV, Inc. | 912648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124361 | Schlumberger N.V. | 4203402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10719 | Weatherford International PLC | 539273 |
|  |  | 12822740 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 89.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41870 | Antero Midstream Corp. | 793436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 153420 | APA Corp. | 2806052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20240 | Cheniere Energy, Inc. | 4928845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65324 | Chevron Corp. | 9353744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15957 | Chord Energy Corp. | 1545435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64689 | Civitas Resources, Inc. | 1780241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104506 | ConocoPhillips | 9378368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89258 | Coterra Energy, Inc. | 2265368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 143039 | Devon Energy Corp. | 4550071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32592 | Diamondback Energy, Inc. | 4478141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11110 | DT Midstream, Inc. | 1221100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81382 | EOG Resources, Inc. | 9734101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49836 | EQT Corp. | 2906435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93072 | Exxon Mobil Corp. | 10033162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188148 | Kinder Morgan, Inc. | 5531551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11351 | Kinetik Holdings, Inc. | 500012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33881 | &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp., <br> Class A | 761645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4410 | Marathon Petroleum Corp. | 732545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37422 | Matador Resources Co. | 1785778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38969 | Northern Oil & Gas, Inc. (a) | 1104771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201870 | Occidental Petroleum Corp. | 8480559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43170 | ONEOK, Inc. | 3523967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72635 | Ovintiv, Inc. | 2763762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 209470 | Permian Resources Corp. | 2852981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28350 | Phillips 66 | 3382155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21506 | Range Resources Corp. | 874649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47171 | SM Energy Co. | 1165595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15656 | Targa Resources Corp. | 2725396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 464 | Texas Pacific Land Corp. | 490165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5066 | Valero Energy Corp. | 680972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14220 | Viper Energy, Inc. | 542209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73954 | Williams (The) Cos., Inc. | 4645051 |
|  |  | 108318262 |
|  | **Total Common Stocks** | 121141002 |
|  | (Cost $132,440,564) |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73328 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | $73328 |
|  | (Cost $73,328) |  |

---

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

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.8%** | **REPURCHASE AGREEMENTS — 0.8%** | **REPURCHASE AGREEMENTS — 0.8%** |
| $1039415 | &nbsp;&nbsp;&nbsp; Bank of America Corp., <br> 4.39% (b), dated 06/30/25, <br> due 07/01/25, with a maturity <br> value of $1,039,542. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.88%, due 04/30/26 to <br> 06/30/30. The value of the <br> collateral including accrued <br> interest is $1,060,203. (c) | 1039415 |
|  | (Cost $1,039,415) |  |
|  | **Total Investments — 100.8%** | 122253745 |
|  | (Cost $133,553,307) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.8)%** | (985097)<br>|
|  | **Net Assets — 100.0%** | $121268648 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $994,291 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $1,039,415.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $121141002 | $121141002 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 73328 | &nbsp;&nbsp; 73328 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 1039415 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1039415 | &nbsp;&nbsp; — |
| Total Investments | $122253745 | $121214330 | $1039415 | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust Nasdaq Pharmaceuticals ETF (FTXH)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** |
|  | **Biotechnology — 42.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5431 | AbbVie, Inc. | $1008102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3993 | &nbsp;&nbsp;&nbsp; ACADIA Pharmaceuticals, <br> Inc. (a) | 86129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4775 | ADMA Biologics, Inc. (a) | 86953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1593 | Akero Therapeutics, Inc. (a) | 85002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5066 | Alkermes PLC (a) | 144938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 317 | &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, <br> Inc. (a) | 103371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1843 | Amgen, Inc. | 514584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4040 | Biogen, Inc. (a) | 507384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2791 | &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical, <br> Inc. (a) | 153421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 810 | Blueprint Medicines Corp. (a) | 103826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4654 | &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals, <br> Inc. (a) | 100992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1651 | Exact Sciences Corp. (a) | 87734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7754 | Exelixis, Inc. (a) | 341758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4966 | Gilead Sciences, Inc. | 550580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3605 | Halozyme Therapeutics, Inc. (a) | 187532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1065 | Incyte Corp. (a) | 72526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 960 | Insmed, Inc. (a) | 96614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 437 | Krystal Biotech, Inc. (a) | 60070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 229 | &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals, <br> Inc. (a) | 69305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1795 | Neurocrine Biosciences, Inc. (a) | 225614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1416 | PTC Therapeutics, Inc. (a) | 69157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 812 | Regeneron Pharmaceuticals, Inc. | 426300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 733 | Sarepta Therapeutics, Inc. (a) | 12534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2016 | Scholar Rock Holding Corp. (a) | 71407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2601 | TG Therapeutics, Inc. (a) | 93610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1774 | United Therapeutics Corp. (a) | 509759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2252 | Veracyte, Inc. (a) | 60872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1526 | Vericel Corp. (a) | 64931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 163 | Vertex Pharmaceuticals, Inc. (a) | 72568 |
|  |  | 5967573 |
|  | **Health Care Providers &** <br> **Services — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 604 | Cardinal Health, Inc. | 101472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1839 | Guardant Health, Inc. (a) | 95701 |
|  |  | 197173 |
|  | **Life Sciences Tools & Services** <br> **— 6.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1970 | &nbsp;&nbsp;&nbsp; Charles River Laboratories <br> International, Inc. (a) | 298908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2970 | Illumina, Inc. (a) | 283368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 862 | Medpace Holdings, Inc. (a) | 270547 |
|  |  | 852823 |
|  | **Pharmaceuticals — 50.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15099 | Amneal Pharmaceuticals, Inc. (a) | 122151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 614 | Axsome Therapeutics, Inc. (a) | 64095 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Pharmaceuticals (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19043 | Bristol-Myers Squibb Co. | $881500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1292 | Corcept Therapeutics, Inc. (a) | 94833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23217 | Elanco Animal Health, Inc. (a) | 331539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 617 | Eli Lilly & Co. | 480970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3955 | Jazz Pharmaceuticals PLC (a) | 419705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6880 | Johnson & Johnson | 1050920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12307 | Merck & Co., Inc. | 974222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27536 | Organon & Co. | 266548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5158 | Perrigo Co. PLC | 137822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42957 | Pfizer, Inc. | 1041278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1390 | &nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare, <br> Inc. (a) | 110992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61503 | Viatris, Inc. | 549222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3394 | Zoetis, Inc. | 529294 |
|  |  | 7055091 |
|  | **Total Common Stocks** | 14072660 |
|  | (Cost $17,002,441) |  |
| **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24655 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | 24655 |
|  | (Cost $24,655) |  |
|  | **Total Investments — 100.0%** | 14097315 |
|  | (Cost $17,027,096) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.0%** | 4921 |
|  | **Net Assets — 100.0%** | $14102236 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $14072660 | $14072660 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 24655 | &nbsp;&nbsp; 24655 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $14097315 | $14097315 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust Nasdaq Semiconductor ETF (FTXL)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 6.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10400 | &nbsp;&nbsp;&nbsp; Advanced Energy Industries, <br> Inc. | $1378000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 186125 | Avnet, Inc. | 9879515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57811 | Coherent Corp. (a) | 5157319 |
|  |  | 16414834 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 94.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94197 | &nbsp;&nbsp;&nbsp; Advanced Micro Devices, <br> Inc. (a) | 13366554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40890 | Analog Devices, Inc. | 9732638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119019 | Applied Materials, Inc. | 21788808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94336 | Broadcom, Inc. | 26003718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33628 | Cirrus Logic, Inc. (a) | 3505887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21701 | &nbsp;&nbsp;&nbsp; Credo Technology Group <br> Holding Ltd. (a) | 2009296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48726 | Entegris, Inc. | 3929752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 396406 | Intel Corp. | 8879494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13270 | KLA Corp. | 11886470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122579 | Lam Research Corp. | 11931840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19210 | Lattice Semiconductor Corp. (a) | 941098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10760 | &nbsp;&nbsp;&nbsp; MACOM Technology Solutions <br> Holdings, Inc. (a) | 1541800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102448 | Marvell Technology, Inc. | 7929475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141596 | Microchip Technology, Inc. | 9964111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200933 | Micron Technology, Inc. | 24764992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8171 | Monolithic Power Systems, Inc. | 5976106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150604 | NVIDIA Corp. | 23793926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43634 | NXP Semiconductors N.V. | 9533593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199928 | ON Semiconductor Corp. (a) | 10478227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10997 | Onto Innovation, Inc. (a) | 1109927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119701 | QUALCOMM, Inc. | 19063581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29774 | Rambus, Inc. (a) | 1906132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31358 | Semtech Corp. (a) | 1415500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141113 | Skyworks Solutions, Inc. | 10515741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18104 | Synaptics, Inc. (a) | 1173501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48786 | Teradyne, Inc. | 4386837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47996 | Texas Instruments, Inc. | 9964930 |
|  |  | 257493934 |
|  | **Total Common Stocks** | 273908768 |
|  | (Cost $245,512,994) |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119825 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | $119825 |
|  | (Cost $119,825) |  |
|  | **Total Investments — 100.0%** | 274028593 |
|  | (Cost $245,632,819) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (47002)<br>|
|  | **Net Assets — 100.0%** | $273981591 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $273908768 | $273908768 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 119825 | &nbsp;&nbsp; 119825 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $274028593 | $274028593 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust Nasdaq Transportation ETF (FTXR)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Air Freight & Logistics —** <br> **11.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1606 | C.H. Robinson Worldwide, Inc. | $154096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2115 | &nbsp;&nbsp;&nbsp; Expeditors International of <br> Washington, Inc. | 241639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4427 | FedEx Corp. | 1006301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19555 | &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., <br> Class B | 1973881 |
|  |  | 3375917 |
|  | **Automobile Components —** <br> **2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16314 | BorgWarner, Inc. | 546192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1116 | Dorman Products, Inc. (a) | 136900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7020 | Gentex Corp. | 154370 |
|  |  | 837462 |
|  | **Automobiles — 26.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 243737 | Ford Motor Co. | 2644547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47378 | General Motors Co. | 2331471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7945 | Tesla, Inc. (a) | 2523809 |
|  |  | 7499827 |
|  | **Commercial Services &** <br> **Supplies — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8367 | Driven Brands Holdings, Inc. (a) | 146925 |
|  | **Distributors — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3595 | Genuine Parts Co. | 436109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9604 | LKQ Corp. | 355444 |
|  |  | 791553 |
|  | **Ground Transportation —** <br> **20.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36359 | CSX Corp. | 1186394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3311 | &nbsp;&nbsp;&nbsp; J.B. Hunt Transport Services, <br> Inc. | 475460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4736 | Norfolk Southern Corp. | 1212274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3450 | Old Dominion Freight Line, Inc. | 559935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5008 | Ryder System, Inc. | 796272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 526 | Saia, Inc. (a) | 144119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4718 | Union Pacific Corp. | 1085517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2207 | XPO, Inc. (a) | 278722 |
|  |  | 5738693 |
|  | **Machinery — 8.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2831 | &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, <br> Inc. | 268917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1805 | Federal Signal Corp. | 192088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1862 | Oshkosh Corp. | 211411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10853 | PACCAR, Inc. | 1031686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3531 | &nbsp;&nbsp;&nbsp; Westinghouse Air Brake <br> Technologies Corp. | 739215 |
|  |  | 2443317 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Marine Transportation —** <br> **1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2637 | Kirby Corp. (a) | $299062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1913 | Matson, Inc. | 213013 |
|  |  | 512075 |
|  | **Passenger Airlines — 16.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7106 | Alaska Air Group, Inc. (a) | 351605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81104 | &nbsp;&nbsp;&nbsp; American Airlines Group, <br> Inc. (a) | 909987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19359 | Delta Air Lines, Inc. | 952076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2509 | SkyWest, Inc. (a) | 258352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5067 | Southwest Airlines Co. | 164373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24813 | &nbsp;&nbsp;&nbsp; United Airlines Holdings, <br> Inc. (a) | 1975859 |
|  |  | 4612252 |
|  | **Specialty Retail — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3977 | Valvoline, Inc. (a) | 150609 |
|  | **Trading Companies &** <br> **Distributors — 8.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12654 | Air Lease Corp. | 740132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1293 | GATX Corp. | 198553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1812 | United Rentals, Inc. | 1365161 |
|  |  | 2303846 |
|  | **Total Common Stocks** | 28412476 |
|  | (Cost $27,887,098) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23552 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | 23552 |
|  | (Cost $23,552) |  |

---

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

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** |
| $399 | &nbsp;&nbsp;&nbsp; Bank of America Corp., <br> 4.39% (b), dated 06/30/25, <br> due 07/01/25, with a maturity <br> value of $399. Collateralized <br> by U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.88%, due 04/30/26 to <br> 06/30/30. The value of the <br> collateral including accrued <br> interest is $407. (c) | 399 |
|  | (Cost $399) |  |
|  | **Total Investments — 100.0%** | 28436427 |
|  | (Cost $27,911,049) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.0%** | 824 |
|  | **Net Assets — 100.0%** | $28437251 |

---

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

------

**First Trust Nasdaq Transportation ETF (FTXR)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $28412476 | $28412476 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 23552 | &nbsp;&nbsp; 23552 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Repurchase Agreements | &nbsp;&nbsp; 399 | &nbsp;&nbsp; — | &nbsp;&nbsp; 399 | &nbsp;&nbsp; — |
| Total Investments | $28436427 | $28436028 | $399 | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust S-Network E-Commerce ETF (ISHP)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) — 99.8%** | **COMMON STOCKS (a) — 99.8%** | **COMMON STOCKS (a) — 99.8%** |
|  | **Air Freight & Logistics —** <br> **4.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2199 | DHL Group (EUR) | $101566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408 | FedEx Corp. | 92743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 872 | &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., <br> Class B | 88020 |
|  |  | 282329 |
|  | **Broadline Retail — 18.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 812 | &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd., <br> ADR | 92089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 465 | Amazon.com, Inc. (b) | 102016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4011 | Coupang, Inc. (b) | 120170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1349 | eBay, Inc. | 100446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2368 | JD.com, Inc., ADR | 77291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44 | MercadoLibre, Inc. (b) | 115000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 379 | Naspers Ltd., Class N (ZAR) | 118073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 569 | Next PLC (GBP) | 97161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 953 | PDD Holdings, Inc., ADR (b) | 99741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2069 | Prosus N.V. (EUR) | 115693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15400 | Rakuten Group, Inc. (JPY) (b) | 85168 |
|  |  | 1122848 |
|  | **Commercial Services &** <br> **Supplies — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1436 | Copart, Inc. (b) | 70464 |
|  | **Consumer Staples Distribution** <br> **& Retail — 4.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147000 | &nbsp;&nbsp;&nbsp; Alibaba Health Information <br> Technology Ltd. (HKD) (b) | 88762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20117 | &nbsp;&nbsp;&nbsp; JD Health International, Inc. <br> (HKD) (b) (c) (d) | 110196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 930 | Walmart, Inc. | 90935 |
|  |  | 289893 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 377 | &nbsp;&nbsp;&nbsp; Zebra Technologies Corp., <br> Class A (b) | 116252 |
|  | **Financial Services — 9.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56 | Adyen N.V. (EUR) (b) (c) (d) | 102800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 281 | Corpay, Inc. (b) | 93241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1212 | &nbsp;&nbsp;&nbsp; Fidelity National Information <br> Services, Inc. | 98669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412 | Fiserv, Inc. (b) | 71033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1012 | Global Payments, Inc. | 81001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1391 | PayPal Holdings, Inc. (b) | 103379 |
|  |  | 550123 |
|  | **Ground Transportation —** <br> **1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1187 | Uber Technologies, Inc. (b) | 110747 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Hotels, Restaurants & Leisure** <br> **— 9.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 740 | Airbnb, Inc., Class A (b) | $97932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19 | Booking Holdings, Inc. | 109995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 472 | DoorDash, Inc., Class A (b) | 116353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 563 | Expedia Group, Inc. | 94967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4505 | &nbsp;&nbsp;&nbsp; Meituan, Class B <br> (HKD) (b) (c) (d) | 71908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1555 | Trip.com Group Ltd., ADR | 91185 |
|  |  | 582340 |
|  | **Industrial REITs — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 888 | Prologis, Inc. | 93347 |
|  | **Interactive Media & Services** <br> **— 24.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 551 | Alphabet, Inc., Class A | 97103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8638 | &nbsp;&nbsp;&nbsp; Auto Trader Group PLC <br> (GBP) (c) (d) | 97748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1074 | Baidu, Inc., ADR (b) | 92106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4090 | CAR Group Ltd. (AUD) | 100728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13500 | &nbsp;&nbsp;&nbsp; Kuaishou Technology <br> (HKD) (b) (c) (d) | 108861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23700 | LY Corp. (JPY) | 87292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154 | Meta Platforms, Inc., Class A | 113666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 667 | NAVER Corp. (KRW) | 129733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3212 | Pinterest, Inc., Class A (b) | 115182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 561 | REA Group Ltd. (AUD) | 88794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 826 | Reddit, Inc., Class A (b) | 124371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9209 | Rightmove PLC (GBP) | 99684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 786 | Scout24 SE (EUR) (c) (d) | 108420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10759 | Snap, Inc., Class A (b) | 93496 |
|  |  | 1457184 |
|  | **IT Services — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 995 | Shopify, Inc., Class A (b) | 114773 |
|  | **Marine Transportation —** <br> **3.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57 | &nbsp;&nbsp;&nbsp; A.P. Moller - Maersk A/S, <br> Class B (DKK) | 105968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59325 | &nbsp;&nbsp;&nbsp; COSCO SHIPPING Holdings <br> Co., Ltd., Class H (HKD) | 103083 |
|  |  | 209051 |
|  | **Real Estate Management &** <br> **Development — 4.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1117 | CoStar Group, Inc. (b) | 89807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4659 | KE Holdings, Inc., ADR | 82651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1363 | Zillow Group, Inc., Class C (b) | 95478 |
|  |  | 267936 |
|  | **Specialty Retail — 6.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1410 | Best Buy Co., Inc. | 94653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1268 | CarMax, Inc. (b) | 85222 |

---

------

**First Trust S-Network E-Commerce ETF (ISHP)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** |
|  | **Specialty Retail (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 414 | Carvana Co. (b) | $139502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 570 | Williams-Sonoma, Inc. | 93121 |
|  |  | 412498 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328 | Lululemon Athletica, Inc. (b) | 77926 |
|  | **Trading Companies &** <br> **Distributors — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4400 | MonotaRO Co., Ltd. (JPY) | 86927 |
|  | **Wireless Telecommunication** <br> **Services — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23259 | Taiwan Mobile Co., Ltd. (TWD) | 91565 |
|  | **Total Common Stocks** | 5936203 |
|  | (Cost $5,582,515) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6304 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (e) | 6304 |
|  | (Cost $6,304) |  |
|  | **Total Investments — 99.9%** | 5942507 |
|  | (Cost $5,588,819) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.1%** | 5955 |
|  | **Net Assets — 100.0%** | $5948462 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Rate shown reflects yield as of June 30, 2025.

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

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| ADR | – American Depositary Receipt |
| AUD | – Australian Dollar |
| DKK | – Danish Krone |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| JPY | – Japanese Yen |
| KRW | – South Korean Won |
| REITs | – Real Estate Investment Trusts |
| TWD | – New Taiwan Dollar |
| USD | – United States Dollar |
| ZAR | – South African Rand |

---

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

---

| | |
|:---|:---|
| **Country Allocation**<sup>†</sup> <br>| **% of Net** <br>**Assets**<br>|
| United States | &nbsp;&nbsp; 53.7% |
| Cayman Islands | &nbsp;&nbsp; 13.9 |
| United Kingdom | &nbsp;&nbsp;&nbsp; 4.9 |
| Japan | &nbsp;&nbsp;&nbsp; 4.4 |
| Netherlands | &nbsp;&nbsp;&nbsp; 3.7 |
| Germany | &nbsp;&nbsp;&nbsp; 3.5 |
| Australia | &nbsp;&nbsp;&nbsp; 3.2 |
| South Korea | &nbsp;&nbsp;&nbsp; 2.2 |
| South Africa | &nbsp;&nbsp;&nbsp; 2.0 |
| Canada | &nbsp;&nbsp;&nbsp; 1.9 |
| Denmark | &nbsp;&nbsp;&nbsp; 1.8 |
| China | &nbsp;&nbsp;&nbsp; 1.7 |
| Taiwan | &nbsp;&nbsp;&nbsp; 1.5 |
| Bermuda | &nbsp;&nbsp;&nbsp; 1.5 |
| &nbsp;&nbsp;&nbsp; Total Investments | &nbsp;&nbsp; 99.9 |
| &nbsp;&nbsp;&nbsp; Net Other Assets and Liabilities | &nbsp;&nbsp;&nbsp; 0.1 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

<sup>†</sup> Portfolio securities are categorized based upon their country of incorporation, which can be different from the country categorization of the Fund's underlying index.

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

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| USD | &nbsp;&nbsp; 64.6% |
| HKD | &nbsp;&nbsp;&nbsp; 8.1 |
| EUR | &nbsp;&nbsp;&nbsp; 7.2 |
| GBP | &nbsp;&nbsp;&nbsp; 5.0 |
| JPY | &nbsp;&nbsp;&nbsp; 4.4 |
| AUD | &nbsp;&nbsp;&nbsp; 3.2 |
| KRW | &nbsp;&nbsp;&nbsp; 2.2 |
| ZAR | &nbsp;&nbsp;&nbsp; 2.0 |
| DKK | &nbsp;&nbsp;&nbsp; 1.8 |
| TWD | &nbsp;&nbsp;&nbsp; 1.5 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

------

**First Trust S-Network E-Commerce ETF (ISHP)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $5936203 | $5936203 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 6304 | &nbsp;&nbsp; 6304 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $5942507 | $5942507 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**Emerging Markets Equity Select ETF (RNEM)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) — 99.6%** | **COMMON STOCKS (a) (b) — 99.6%** | **COMMON STOCKS (a) (b) — 99.6%** |
|  | **Bermuda — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 219 | Credicorp Ltd. | $48951 |
|  | **Brazil — 8.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32400 | Ambev S.A. (BRL) | 79433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33361 | &nbsp;&nbsp;&nbsp; Banco Bradesco S.A. (Preference <br> Shares) (BRL) | 103342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14994 | Banco do Brasil S.A. (BRL) | 60963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15819 | &nbsp;&nbsp;&nbsp; Banco Santander Brasil S.A. <br> (BRL) | 86445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10488 | &nbsp;&nbsp;&nbsp; BB Seguridade Participacoes <br> S.A. (BRL) | 69108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2290 | &nbsp;&nbsp;&nbsp; Centrais Eletricas Brasileiras <br> S.A. (BRL) | 16952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 916 | &nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do <br> Estado de Sao Paulo SABESP <br> (BRL) | 20085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9105 | &nbsp;&nbsp;&nbsp; Cia Energetica de Minas Gerais <br> (Preference Shares) (BRL) | 18099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8974 | &nbsp;&nbsp;&nbsp; Cia Paranaense de Energia - <br> Copel, Class B (Preference <br> Shares) (BRL) | 20581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2336 | Energisa S.A. (BRL) | 20776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7897 | Eneva S.A. (BRL) (c) | 19840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2420 | Engie Brasil Energia S.A. (BRL) | 20226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2919 | Equatorial Energia S.A. (BRL) | 19320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13457 | &nbsp;&nbsp;&nbsp; Itau Unibanco Holding S.A. <br> (Preference Shares) (BRL) | 91520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44729 | &nbsp;&nbsp;&nbsp; Itausa S.A. (Preference Shares) <br> (BRL) | 90148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17969 | Klabin S.A. (BRL) | 61020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16636 | &nbsp;&nbsp;&nbsp; Motiva Infraestrutura de <br> Mobilidade S.A. (BRL) | 42225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31987 | &nbsp;&nbsp;&nbsp; Petroleo Brasileiro S.A. - <br> Petrobras (Preference Shares) <br> (BRL) | 184748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10567 | Porto Seguro S.A. (BRL) | 107360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11939 | Rumo S.A. (BRL) | 40719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6333 | Suzano S.A. (BRL) | 59692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2288 | Telefonica Brasil S.A. (BRL) | 13008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3168 | TIM S.A. (BRL) | 12857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5913 | Vale S.A. (BRL) | 57300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4277 | WEG S.A. (BRL) | 33677 |
|  |  | 1349444 |
|  | **Cayman Islands — 3.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18000 | &nbsp;&nbsp;&nbsp; Hengan International Group Co., <br> Ltd. (HKD) | 51708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7200 | Tencent Holdings Ltd. (HKD) | 461353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30000 | &nbsp;&nbsp;&nbsp; Tingyi Cayman Islands Holding <br> Corp. (HKD) | 43949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3450 | &nbsp;&nbsp;&nbsp; ZTO Express Cayman, Inc. <br> (HKD) | 60870 |
|  |  | 617880 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Chile — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178960 | Banco de Chile (CLP) | $27066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 415838 | Banco Santander Chile (CLP) | 26116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2778 | Cencosud S.A. (CLP) | 9453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1129 | &nbsp;&nbsp;&nbsp; Cia Cervecerias Unidas S.A. <br> (CLP) | 7332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1341 | Empresas Copec S.A. (CLP) | 9132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3808 | Falabella S.A. (CLP) | 20233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1009349 | &nbsp;&nbsp;&nbsp; Latam Airlines Group S.A. <br> (CLP) | 20434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 633 | &nbsp;&nbsp;&nbsp; Sociedad Quimica y Minera de <br> Chile S.A., Class B <br> (Preference Shares) (CLP) (c) | 22558 |
|  |  | 142324 |
|  | **China — 11.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 177214 | &nbsp;&nbsp;&nbsp; Agricultural Bank of China Ltd., <br> Class H (HKD) | 126421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175930 | &nbsp;&nbsp;&nbsp; Bank of China Ltd., Class H <br> (HKD) | 102197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119094 | &nbsp;&nbsp;&nbsp; Bank of Communications Co., <br> Ltd., Class H (HKD) | 110751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70000 | &nbsp;&nbsp;&nbsp; CGN Power Co., Ltd., Class H <br> (HKD) (d) (e) | 23809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136159 | &nbsp;&nbsp;&nbsp; China CITIC Bank Corp., Ltd., <br> Class H (HKD) | 129742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37000 | &nbsp;&nbsp;&nbsp; China Coal Energy Co., Ltd., <br> Class H (HKD) | 42798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120027 | &nbsp;&nbsp;&nbsp; China Construction Bank Corp., <br> Class H (HKD) | 121098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 261000 | &nbsp;&nbsp;&nbsp; China Everbright Bank Co., Ltd., <br> Class H (HKD) | 130335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236500 | &nbsp;&nbsp;&nbsp; China Minsheng Banking Corp., <br> Ltd., Class H (HKD) | 134068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71821 | &nbsp;&nbsp;&nbsp; China Petroleum & Chemical <br> Corp., Class H (HKD) | 37603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9436 | &nbsp;&nbsp;&nbsp; China Shenhua Energy Co., Ltd., <br> Class H (HKD) | 36602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 281200 | &nbsp;&nbsp;&nbsp; China Tower Corp., Ltd., <br> Class H (HKD) (d) (e) | 401922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9398 | &nbsp;&nbsp;&nbsp; Fuyao Glass Industry Group Co., <br> Ltd., Class H (HKD) (d) (e) | 67103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38000 | &nbsp;&nbsp;&nbsp; Huaneng Power International, <br> Inc., Class H (HKD) | 24494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149566 | &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank <br> of China Ltd., Class H (HKD) | 118510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17353 | &nbsp;&nbsp;&nbsp; Inner Mongolia Yitai Coal Co., <br> Ltd., Class B | 34376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46000 | &nbsp;&nbsp;&nbsp; PetroChina Co., Ltd., Class H <br> (HKD) | 39554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56752 | &nbsp;&nbsp;&nbsp; PICC Property & Casualty Co., <br> Ltd., Class H (HKD) | 109890 |

---

------

**Emerging Markets Equity Select ETF (RNEM)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **China (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 172000 | &nbsp;&nbsp;&nbsp; Postal Savings Bank of China <br> Co., Ltd., Class H <br> (HKD) (d) (e) | $120072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21600 | &nbsp;&nbsp;&nbsp; Sinopharm Group Co., Ltd., <br> Class H (HKD) | 50575 |
|  |  | 1961920 |
|  | **Colombia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1727 | &nbsp;&nbsp;&nbsp; Grupo Cibest S.A. (Preference <br> Shares) (COP) | 19514 |
|  | **Czech Republic — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 537 | CEZ A/S (CZK) | 31544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 364 | Komercni Banka A/S (CZK) | 17602 |
|  |  | 49146 |
|  | **Hong Kong — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 248500 | &nbsp;&nbsp;&nbsp; China Resources Pharmaceutical <br> Group Ltd. (HKD) (d) (e) | 162080 |
|  | **Hungary — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 801 | OTP Bank Nyrt (HUF) | 63984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434 | Richter Gedeon Nyrt (HUF) | 12793 |
|  |  | 76777 |
|  | **India — 38.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1335 | &nbsp;&nbsp;&nbsp; Apollo Hospitals Enterprise Ltd. <br> (INR) | 112734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9608 | Asian Paints Ltd. (INR) | 262282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10456 | Bharti Airtel Ltd. (INR) | 245014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1121 | Britannia Industries Ltd. (INR) | 76480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10923 | Dabur India Ltd. (INR) | 61805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7720 | &nbsp;&nbsp;&nbsp; Dr. Reddy's Laboratories Ltd. <br> (INR) | 115521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8613 | Grasim Industries Ltd. (INR) | 285677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12154 | HCL Technologies Ltd. (INR) | 244979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21366 | HDFC Bank Ltd. (INR) | 498648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56966 | &nbsp;&nbsp;&nbsp; HDFC Life Insurance Co., Ltd. <br> (INR) (d) (e) | 540898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2449 | Hindustan Unilever Ltd. (INR) | 65526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28970 | ICICI Bank Ltd. (INR) | 488396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12323 | Infosys Ltd. (INR) | 230165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13503 | ITC Ltd. (INR) | 65570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2514 | Maruti Suzuki India Ltd. (INR) | 363498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 257 | MRF Ltd. (INR) | 426615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2458 | Nestle India Ltd. (INR) | 70659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11012 | Pidilite Industries Ltd. (INR) | 392200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30634 | Reliance Industries Ltd. (INR) | 536023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44333 | &nbsp;&nbsp;&nbsp; SBI Cards & Payment Services <br> Ltd. (INR) | 492698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 737 | Shree Cement Ltd. (INR) | 266664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5092 | &nbsp;&nbsp;&nbsp; Sun Pharmaceutical Industries <br> Ltd. (INR) | 99495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5367 | &nbsp;&nbsp;&nbsp; Tata Consultancy Services Ltd. <br> (INR) | 216658 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **India (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5522 | &nbsp;&nbsp;&nbsp; Tata Consumer Products Ltd. <br> (INR) | $70757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2736 | &nbsp;&nbsp;&nbsp; Torrent Pharmaceuticals Ltd. <br> (INR) | 108732 |
|  |  | 6337694 |
|  | **Indonesia — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70922 | &nbsp;&nbsp;&nbsp; Alamtri Resources Indonesia <br> Tbk PT (IDR) | 7994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67350 | &nbsp;&nbsp;&nbsp; Astra International Tbk PT <br> (IDR) | 18668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97351 | Bank Central Asia Tbk PT (IDR) | 52019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 159131 | &nbsp;&nbsp;&nbsp; Bank Mandiri Persero Tbk PT <br> (IDR) | 47832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195161 | &nbsp;&nbsp;&nbsp; Bank Negara Indonesia Persero <br> Tbk PT (IDR) | 49527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 204317 | &nbsp;&nbsp;&nbsp; Bank Rakyat Indonesia Persero <br> Tbk PT (IDR) | 47068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275419 | &nbsp;&nbsp;&nbsp; Bumi Resources Minerals Tbk <br> PT (IDR) (c) | 6718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2960097 | &nbsp;&nbsp;&nbsp; GoTo Gojek Tokopedia Tbk PT <br> (IDR) (c) | 10575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63943 | &nbsp;&nbsp;&nbsp; Merdeka Copper Gold Tbk PT <br> (IDR) (c) | 7877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37475 | Petrosea Tbk PT (IDR) | 6440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158211 | &nbsp;&nbsp;&nbsp; Telkom Indonesia Persero Tbk <br> PT (IDR) | 27091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3883 | United Tractors Tbk PT (IDR) | 5130 |
|  |  | 286939 |
|  | **Luxembourg — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1297 | Allegro.eu S.A. (PLN) (c) (d) (e) | 12447 |
|  | **Malaysia — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20800 | AMMB Holdings Bhd (MYR) | 25194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16600 | &nbsp;&nbsp;&nbsp; CIMB Group Holdings Bhd <br> (MYR) | 26770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10700 | Dialog Group Bhd (MYR) | 4015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15600 | Gamuda Bhd (MYR) | 17747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11600 | Genting Bhd (MYR) | 8403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22700 | Genting Malaysia Bhd (MYR) | 10405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12000 | Hartalega Holdings Bhd (MYR) | 4674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3300 | IHH Healthcare Bhd (MYR) | 5345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8500 | KPJ Healthcare Bhd (MYR) | 5370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11500 | Malayan Banking Bhd (MYR) | 26493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18800 | &nbsp;&nbsp;&nbsp; Press Metal Aluminium <br> Holdings Bhd (MYR) | 23129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26300 | Public Bank Bhd (MYR) | 26922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17000 | RHB Bank Bhd (MYR) | 25436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9700 | Sunway Bhd (MYR) | 10828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7000 | Telekom Malaysia Bhd (MYR) | 10889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3900 | Tenaga Nasional Bhd (MYR) | 13320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28000 | Top Glove Corp. Bhd (MYR) (c) | 4722 |

---

------

**Emerging Markets Equity Select ETF (RNEM)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **Malaysia (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25800 | YTL Corp. Bhd (MYR) | $14216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15500 | &nbsp;&nbsp;&nbsp; YTL Power International Bhd <br> (MYR) | 14651 |
|  |  | 278529 |
|  | **Mexico — 4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27100 | &nbsp;&nbsp;&nbsp; Alfa S.A.B. de C.V., Class A <br> (MXN) | 20017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88332 | &nbsp;&nbsp;&nbsp; America Movil S.A.B. de C.V., <br> Series B (MXN) | 78990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2413 | &nbsp;&nbsp;&nbsp; Arca Continental S.A.B. de C.V. <br> (MXN) | 25504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14764 | &nbsp;&nbsp;&nbsp; Banco del Bajio S.A. <br> (MXN) (d) (e) | 35682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37471 | &nbsp;&nbsp;&nbsp; Cemex S.A.B. de C.V., <br> Series CPO (MXN) | 25860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2760 | &nbsp;&nbsp;&nbsp; Coca-Cola Femsa S.A.B. de <br> C.V. (MXN) | 26743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3887 | &nbsp;&nbsp;&nbsp; Corp Inmobiliaria Vesta S.A.B. <br> de C.V. (MXN) | 10683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7612 | &nbsp;&nbsp;&nbsp; Fibra Uno Administracion S.A. <br> de C.V. (MXN) | 10515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2608 | &nbsp;&nbsp;&nbsp; Fomento Economico Mexicano <br> S.A.B. de C.V., Series UBD <br> (MXN) | 26852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1397 | &nbsp;&nbsp;&nbsp; Gruma S.A.B. de C.V., Class B <br> (MXN) | 24104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2152 | &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Centro <br> Norte S.A.B. de C.V. (MXN) | 28270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1144 | &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del <br> Pacifico S.A.B. de C.V., <br> Class B (MXN) | 26260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 773 | &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Sureste <br> S.A.B. de C.V., Class B <br> (MXN) | 24678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9278 | &nbsp;&nbsp;&nbsp; Grupo Bimbo S.A.B. de C.V., <br> Series A (MXN) | 25884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4625 | &nbsp;&nbsp;&nbsp; Grupo Financiero Banorte <br> S.A.B. de C.V., Class O <br> (MXN) | 42276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6334 | &nbsp;&nbsp;&nbsp; Grupo Mexico S.A.B. de C.V., <br> Series B (MXN) | 38366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1707 | &nbsp;&nbsp;&nbsp; Industrias Penoles S.A.B. de <br> C.V. (MXN) (c) | 47463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15387 | &nbsp;&nbsp;&nbsp; Kimberly-Clark de Mexico <br> S.A.B. de C.V., Class A <br> (MXN) | 28151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2780 | &nbsp;&nbsp;&nbsp; Prologis Property Mexico S.A. <br> de C.V. (MXN) | 10507 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Mexico (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3691 | &nbsp;&nbsp;&nbsp; Qualitas Controladora S.A.B. de <br> C.V. (MXN) | $37902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18527 | &nbsp;&nbsp;&nbsp; Wal-Mart de Mexico S.A.B. de <br> C.V. (MXN) | 61363 |
|  |  | 656070 |
|  | **Morocco — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 312 | Attijariwafa Bank (MAD) | 23577 |
|  | **Netherlands — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1099 | NEPI Rockcastle N.V. (ZAR) | 8377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2726 | Pepco Group N.V. (PLN) (e) | 16374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 247 | &nbsp;&nbsp;&nbsp; X5 Retail Group N.V., <br> GDR (c) (e) (f) (g) (h) | 0 |
|  |  | 24751 |
|  | **Philippines — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 109310 | Ayala Land, Inc. (PHP) | 52394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11210 | &nbsp;&nbsp;&nbsp; Bank of the Philippine Islands <br> (PHP) | 25871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9751 | BDO Unibank, Inc. (PHP) | 26451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5660 | &nbsp;&nbsp;&nbsp; International Container Terminal <br> Services, Inc. (PHP) | 41297 |
|  |  | 146013 |
|  | **Poland — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 696 | Alior Bank S.A. (PLN) | 18267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 474 | &nbsp;&nbsp;&nbsp; Bank Polska Kasa Opieki S.A. <br> (PLN) | 24329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27 | Budimex S.A. (PLN) | 4174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173 | CCC S.A. (PLN) (c) | 9815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 191 | CD Projekt S.A. (PLN) | 14880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 231 | &nbsp;&nbsp;&nbsp; Dino Polska S.A. <br> (PLN) (c) (d) (e) | 33711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 379 | &nbsp;&nbsp;&nbsp; KGHM Polska Miedz S.A. <br> (PLN) (c) | 13554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 | LPP S.A. (PLN) | 8140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103 | mBank S.A. (PLN) (c) | 22804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1700 | ORLEN S.A. (PLN) | 38723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2837 | &nbsp;&nbsp;&nbsp; PGE Polska Grupa Energetyczna <br> S.A. (PLN) (c) | 8977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1108 | &nbsp;&nbsp;&nbsp; Powszechna Kasa Oszczednosci <br> Bank Polski S.A. (PLN) | 23129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1488 | &nbsp;&nbsp;&nbsp; Powszechny Zaklad <br> Ubezpieczen S.A. (PLN) | 26009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp; Santander Bank Polska S.A. <br> (PLN) | 20542 |
|  |  | 267054 |
|  | **Russia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7696 | &nbsp;&nbsp;&nbsp; Alrosa PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40399 | &nbsp;&nbsp;&nbsp; Credit Bank of Moscow PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4700 | &nbsp;&nbsp;&nbsp; GMK Norilskiy Nickel PAO <br> (RUB) (c) (f) (g) (h) | 0 |

---

------

**Emerging Markets Equity Select ETF (RNEM)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **Russia (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 172018 | &nbsp;&nbsp;&nbsp; Inter RAO UES PJSC <br> (RUB) (c) (f) (g) (h) | $0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96 | &nbsp;&nbsp;&nbsp; Magnit PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15021 | &nbsp;&nbsp;&nbsp; Magnitogorsk Iron & Steel <br> Works PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2140 | &nbsp;&nbsp;&nbsp; Mobile TeleSystems PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp; Moscow Exchange MICEX-RTS <br> PJSC (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4741 | &nbsp;&nbsp;&nbsp; Novolipetsk Steel PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 850 | &nbsp;&nbsp;&nbsp; Polyus PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 676 | &nbsp;&nbsp;&nbsp; Severstal PAO <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10776 | &nbsp;&nbsp;&nbsp; Sistema AFK PAO <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3253 | &nbsp;&nbsp;&nbsp; Tatneft PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
|  |  | 0 |
|  | **South Africa — 3.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2837 | Absa Group Ltd. (ZAR) | 28204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 995 | &nbsp;&nbsp;&nbsp; Aspen Pharmacare Holdings Ltd. <br> (ZAR) | 6716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 623 | Bid Corp., Ltd. (ZAR) | 16449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 702 | Bidvest Group Ltd. (ZAR) | 9260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 162 | &nbsp;&nbsp;&nbsp; Capitec Bank Holdings Ltd. <br> (ZAR) | 32493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 809 | Clicks Group Ltd. (ZAR) | 16953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2517 | Discovery Ltd. (ZAR) | 30539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 465 | Exxaro Resources Ltd. (ZAR) | 3859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6990 | FirstRand Ltd. (ZAR) | 29885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1042 | Foschini Group Ltd. (ZAR) | 7588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11247 | &nbsp;&nbsp;&nbsp; Growthpoint Properties Ltd. <br> (ZAR) | 8507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 585 | Mr Price Group Ltd. (ZAR) | 7317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4852 | MTN Group Ltd. (ZAR) | 38599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 499 | Naspers Ltd., Class N (ZAR) | 155457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1952 | Nedbank Group Ltd. (ZAR) | 26798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42196 | Old Mutual Ltd. (ZAR) | 28768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7204 | OUTsurance Group Ltd. (ZAR) | 31874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5076 | &nbsp;&nbsp;&nbsp; Pepkor Holdings Ltd. <br> (ZAR) (d) (e) | 7807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3182 | Remgro Ltd. (ZAR) | 28434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6068 | Sanlam Ltd. (ZAR) | 30392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1005 | Shoprite Holdings Ltd. (ZAR) | 15722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2097 | &nbsp;&nbsp;&nbsp; Standard Bank Group Ltd. <br> (ZAR) | 26951 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **South Africa (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 986 | Tiger Brands Ltd. (ZAR) | $17760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2541 | &nbsp;&nbsp;&nbsp; Woolworths Holdings Ltd. <br> (ZAR) | 7429 |
|  |  | 613761 |
|  | **Taiwan — 17.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118142 | Asia Cement Corp. (TWD) | 172489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72429 | &nbsp;&nbsp;&nbsp; Catcher Technology Co., Ltd. <br> (TWD) | 525638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83459 | &nbsp;&nbsp;&nbsp; Chang Hwa Commercial Bank <br> Ltd. (TWD) | 53426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134944 | China Steel Corp. (TWD) | 86846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13195 | &nbsp;&nbsp;&nbsp; Chunghwa Telecom Co., Ltd. <br> (TWD) | 60979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37551 | &nbsp;&nbsp;&nbsp; CTBC Financial Holding Co., <br> Ltd. (TWD) | 56175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51527 | &nbsp;&nbsp;&nbsp; E.Sun Financial Holding Co., <br> Ltd. (TWD) | 57944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18430 | &nbsp;&nbsp;&nbsp; Far EasTone <br> Telecommunications Co., Ltd. <br> (TWD) | 56529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54765 | &nbsp;&nbsp;&nbsp; First Financial Holding Co., Ltd. <br> (TWD) | 54461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17367 | &nbsp;&nbsp;&nbsp; Fubon Financial Holding Co., <br> Ltd. (TWD) | 51901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53287 | &nbsp;&nbsp;&nbsp; Hua Nan Financial Holdings Co., <br> Ltd. (TWD) | 49617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86379 | &nbsp;&nbsp;&nbsp; KGI Financial Holding Co., Ltd. <br> (TWD) | 44207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37128 | &nbsp;&nbsp;&nbsp; Mega Financial Holding Co., <br> Ltd. (TWD) | 52174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4279 | &nbsp;&nbsp;&nbsp; President Chain Store Corp. <br> (TWD) | 37572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32920 | &nbsp;&nbsp;&nbsp; Shanghai Commercial & Savings <br> Bank (The) Ltd. (TWD) | 52290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66579 | &nbsp;&nbsp;&nbsp; SinoPac Financial Holdings Co., <br> Ltd. (TWD) | 55156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 212518 | &nbsp;&nbsp;&nbsp; Synnex Technology International <br> Corp. (TWD) | 468512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86127 | &nbsp;&nbsp;&nbsp; Taishin Financial Holding Co., <br> Ltd. (TWD) | 46436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101465 | Taiwan Business Bank (TWD) | 53317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61596 | &nbsp;&nbsp;&nbsp; Taiwan Cooperative Financial <br> Holding Co., Ltd. (TWD) | 52188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14554 | Taiwan Mobile Co., Ltd. (TWD) | 57295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 172144 | &nbsp;&nbsp;&nbsp; TCC Group Holdings Co., Ltd. <br> (TWD) | 150270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13341 | &nbsp;&nbsp;&nbsp; Uni-President Enterprises Corp. <br> (TWD) | 36992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 339838 | &nbsp;&nbsp;&nbsp; United Microelectronics Corp. <br> (TWD) | 514201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44287 | &nbsp;&nbsp;&nbsp; Yuanta Financial Holding Co., <br> Ltd. (TWD) | 51773 |
|  |  | 2898388 |

---

------

**Emerging Markets Equity Select ETF (RNEM)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **Thailand — 2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3600 | &nbsp;&nbsp;&nbsp; Advanced Info Service PCL <br> (THB) | $30786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10900 | Airports of Thailand PCL (THB) | 10143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3000 | Bangkok Bank PCL (THB) | 12827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31400 | &nbsp;&nbsp;&nbsp; Bangkok Dusit Medical Services <br> PCL (THB) | 20091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75900 | &nbsp;&nbsp;&nbsp; Bangkok Expressway & Metro <br> PCL (THB) | 11160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4200 | &nbsp;&nbsp;&nbsp; Bumrungrad Hospital PCL <br> (THB) | 18023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12400 | Central Pattana PCL (THB) | 17641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24600 | &nbsp;&nbsp;&nbsp; Charoen Pokphand Foods PCL <br> (THB) | 17405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11800 | CP ALL PCL (THB) | 15971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14972 | &nbsp;&nbsp;&nbsp; Gulf Development PCL <br> (THB) (c) | 17846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54500 | &nbsp;&nbsp;&nbsp; Home Product Center PCL <br> (THB) | 10897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2700 | Kasikornbank PCL (THB) | 12749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18200 | Krung Thai Bank PCL (THB) | 11925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9700 | Krungthai Card PCL (THB) | 7161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17900 | Minor International PCL (THB) | 12774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12000 | Muangthai Capital PCL (THB) | 13012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5100 | &nbsp;&nbsp;&nbsp; PTT Exploration & Production <br> PCL (THB) | 17178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50800 | &nbsp;&nbsp;&nbsp; PTT Oil & Retail Business PCL <br> (THB) (d) (e) | 17658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18700 | PTT PCL (THB) | 17257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3600 | SCB X PCL (THB) | 13012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2600 | Siam Cement (The) PCL (THB) | 13436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45500 | Thai Beverage PCL (SGD) | 16461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4400 | &nbsp;&nbsp;&nbsp; Tisco Financial Group PCL <br> (THB) | 13095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 224100 | &nbsp;&nbsp;&nbsp; TMBThanachart Bank PCL <br> (THB) | 13029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84500 | True Corp. PCL (THB) (c) | 28852 |
|  |  | 390389 |
|  | **Turkey — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6515 | Akbank T.A.S. (TRY) | 11159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16250 | &nbsp;&nbsp;&nbsp; Anadolu Efes Biracilik Ve Malt <br> Sanayii A/S (TRY) | 6109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2010 | Arcelik A/S (TRY) (c) | 6184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1920 | &nbsp;&nbsp;&nbsp; Aselsan Elektronik Sanayi Ve <br> Ticaret A/S (TRY) | 7272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2027 | &nbsp;&nbsp;&nbsp; Astor Transformator Enerji <br> Turizm Insaat Ve Petrol <br> Sanayi Ticaret A/S (TRY) | 4732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 592 | &nbsp;&nbsp;&nbsp; BIM Birlesik Magazalar A/S <br> (TRY) | 7356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5079 | Coca-Cola Icecek A/S (TRY) | 6276 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Turkey (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3617 | &nbsp;&nbsp;&nbsp; Enka Insaat ve Sanayi A/S <br> (TRY) | $6036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10171 | &nbsp;&nbsp;&nbsp; Eregli Demir ve Celik <br> Fabrikalari T.A.S. (TRY) (c) | 6810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2602 | &nbsp;&nbsp;&nbsp; Ford Otomotiv Sanayi A/S <br> (TRY) | 5832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 871 | &nbsp;&nbsp;&nbsp; Gubre Fabrikalari T.A.S. <br> (TRY) (c) | 4994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4050 | &nbsp;&nbsp;&nbsp; Haci Omer Sabanci Holding A/S <br> (TRY) | 9119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3085 | KOC Holding A/S (TRY) | 11932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 548 | Migros Ticaret A/S (TRY) | 6809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7563 | &nbsp;&nbsp;&nbsp; Oyak Cimento Fabrikalari A/S <br> (TRY) (i) | 4129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1069 | &nbsp;&nbsp;&nbsp; Pegasus Hava Tasimaciligi A/S <br> (TRY) (c) | 6900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 951 | &nbsp;&nbsp;&nbsp; TAV Havalimanlari Holding A/S <br> (TRY) (c) | 6317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1537 | &nbsp;&nbsp;&nbsp; Tofas Turk Otomobil Fabrikasi <br> A/S (TRY) | 7573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 886 | Turk Hava Yollari AO (TRY) | 6308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3953 | &nbsp;&nbsp;&nbsp; Turkcell Iletisim Hizmetleri A/S <br> (TRY) | 9546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27764 | &nbsp;&nbsp;&nbsp; Turkiye Is Bankasi A/S, Class C <br> (TRY) | 9309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3657 | &nbsp;&nbsp;&nbsp; Turkiye Petrol Rafinerileri A/S <br> (TRY) | 12858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5967 | &nbsp;&nbsp;&nbsp; Turkiye Sise ve Cam Fabrikalari <br> A/S (TRY) | 5401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14206 | &nbsp;&nbsp;&nbsp; Turkiye Vakiflar Bankasi TAO, <br> Class D (TRY) (c) | 9440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14159 | &nbsp;&nbsp;&nbsp; Yapi ve Kredi Bankasi A/S <br> (TRY) (c) | 11272 |
|  |  | 189673 |
|  | **Total Common Stocks** | 16553321 |
|  | (Cost $14,537,270) |  |
| **WARRANTS (a) (b) — 0.0%** | **WARRANTS (a) (b) — 0.0%** | **WARRANTS (a) (b) — 0.0%** |
|  | **Malaysia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5200 | &nbsp;&nbsp;&nbsp; YTL Corp. Bhd, expiring <br> 6/2/2028, (MYR) (c) (f) (g) | 1012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3120 | &nbsp;&nbsp;&nbsp; YTL Power International Bhd, <br> expiring 6/2/2028, (MYR) <br> (c) (f) (g) | 1134 |
|  | Total Warrants | 2146 |
|  | (Cost $0) |  |

---

------

**Emerging Markets Equity Select ETF (RNEM)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62655 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - 4.21% (j) | $62655 |
|  | (Cost $62,655) |  |
|  | **Total Investments — 100.0%** | 16618122 |
|  | (Cost $14,599,925) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (4648)<br>|
|  | **Net Assets — 100.0%** | $16613474 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Portfolio securities are categorized based upon their country of incorporation, which can be different from the country categorization of the Fund's underlying index.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P., the Fund's advisor.

&nbsp;&nbsp;&nbsp;&nbsp;(g) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At June 30, 2025, securities noted as such are valued at $2,146 or 0.0% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(h) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

&nbsp;&nbsp;&nbsp;&nbsp;(i) Non-income producing security which makes payment-in- kind distributions.

&nbsp;&nbsp;&nbsp;&nbsp;(j) Rate shown reflects yield as of June 30, 2025.

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

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| BRL | – Brazilian Real |
| CLP | – Chilean Peso |
| COP | – Colombian Peso |
| CZK | – Czech Koruna |
| GDR | – Global Depositary Receipt |
| HKD | – Hong Kong Dollar |
| HUF | – Hungarian Forint |
| IDR | – Indonesian Rupiah |
| INR | – Indian Rupee |
| MAD | – Moroccan Dirham |
| MXN | – Mexican Peso |
| MYR | – Malaysian Ringgit |
| PHP | – Philippine Peso |
| PLN | – Polish Zloty |
| RUB | – Russian Ruble |
| SGD | – Singapore Dollar |
| THB | – Thai Baht |
| TRY | – Turkish Lira |
| TWD | – New Taiwan Dollar |
| USD | – United States Dollar |
| ZAR | – South African Rand |

---

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

---

| | |
|:---|:---|
| **Sector Allocation** | **% of Total** <br>**Investments**<br>|
| Financials | &nbsp;&nbsp; 35.3% |
| Information Technology | &nbsp;&nbsp; 13.2 |
| Materials | &nbsp;&nbsp; 12.1 |
| Communication Services | &nbsp;&nbsp;&nbsp; 9.3 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp; 7.3 |
| Consumer Staples | &nbsp;&nbsp;&nbsp; 6.6 |
| Energy | &nbsp;&nbsp;&nbsp; 6.1 |
| Health Care | &nbsp;&nbsp;&nbsp; 4.4 |
| Industrials | &nbsp;&nbsp;&nbsp; 2.7 |
| All Other | &nbsp;&nbsp;&nbsp; 3.0 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

------

**Emerging Markets Equity Select ETF (RNEM)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| INR | &nbsp;&nbsp; 38.1% |
| TWD | &nbsp;&nbsp; 17.4 |
| HKD | &nbsp;&nbsp; 16.3 |
| BRL | &nbsp;&nbsp;&nbsp; 8.1 |
| MXN | &nbsp;&nbsp;&nbsp; 4.0 |
| ZAR | &nbsp;&nbsp;&nbsp; 3.7 |
| THB | &nbsp;&nbsp;&nbsp; 2.3 |
| PLN | &nbsp;&nbsp;&nbsp; 1.8 |
| IDR | &nbsp;&nbsp;&nbsp; 1.7 |
| MYR | &nbsp;&nbsp;&nbsp; 1.7 |
| TRY | &nbsp;&nbsp;&nbsp; 1.1 |
| PHP | &nbsp;&nbsp;&nbsp; 0.9 |
| CLP | &nbsp;&nbsp;&nbsp; 0.9 |
| USD | &nbsp;&nbsp;&nbsp; 0.9 |
| HUF | &nbsp;&nbsp;&nbsp; 0.5 |
| CZK | &nbsp;&nbsp;&nbsp; 0.3 |
| MAD | &nbsp;&nbsp;&nbsp; 0.1 |
| COP | &nbsp;&nbsp;&nbsp; 0.1 |
| SGD | &nbsp;&nbsp;&nbsp; 0.1 |
| RUB | &nbsp;&nbsp;&nbsp; 0.0<sup>‡</sup> <br>|
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

---

| | |
|:---|:---|
| <sup>‡</sup> <br>| Investments are valued at $0. |

---

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Netherlands | $24751 | $24751 | $— | $—\*\* |
| &nbsp;&nbsp;&nbsp; Russia | &nbsp;&nbsp; —\*\* | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; —\*\* |
| &nbsp;&nbsp;&nbsp; Thailand | &nbsp;&nbsp; 390389 | &nbsp;&nbsp; 16461 | &nbsp;&nbsp; 373928 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Country <br> Categories\*<br>| &nbsp;&nbsp; 16138181 | &nbsp;&nbsp; 16138181 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Warrants\* | &nbsp;&nbsp; 2146 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2146 | &nbsp;&nbsp; — |
| Money Market Funds | &nbsp;&nbsp; 62655 | &nbsp;&nbsp; 62655 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $16618122 | $16242048 | $376074 | $—\*\* |

---

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

\* See Portfolio of Investments for country breakout.

\*\* Investments are valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

**First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.7%** | **COMMON STOCKS — 99.7%** | **COMMON STOCKS — 99.7%** |
|  | **Aerospace & Defense — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 731 | General Dynamics Corp. | $213204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 935 | L3Harris Technologies, Inc. | 234535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 562 | Lockheed Martin Corp. | 260285 |
|  |  | 708024 |
|  | **Air Freight & Logistics —** <br> **1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2358 | C.H. Robinson Worldwide, Inc. | 226250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5413 | &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., <br> Class B | 546388 |
|  |  | 772638 |
|  | **Banks — 5.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7747 | Bank of America Corp. | 366588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12960 | Fifth Third Bancorp | 533045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35087 | Huntington Bancshares, Inc. | 588058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2201 | M&T Bank Corp. | 426972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14442 | U.S. Bancorp | 653501 |
|  |  | 2568164 |
|  | **Biotechnology — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2830 | AbbVie, Inc. | 525305 |
|  | **Building Products — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2877 | A.O. Smith Corp. | 188645 |
|  | **Capital Markets — 5.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43553 | Franklin Resources, Inc. | 1038739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4043 | Northern Trust Corp. | 512612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4782 | State Street Corp. | 508518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7686 | T. Rowe Price Group, Inc. | 741699 |
|  |  | 2801568 |
|  | **Chemicals — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 593 | Air Products and Chemicals, Inc. | 167262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2179 | CF Industries Holdings, Inc. | 200468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3088 | Eastman Chemical Co. | 230550 |
|  |  | 598280 |
|  | **Containers & Packaging —** <br> **0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35684 | Amcor PLC | 327936 |
|  | **Distributors — 1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5069 | Genuine Parts Co. | 614920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 830 | Pool Corp. | 241929 |
|  |  | 856849 |
|  | **Diversified Telecommunication** <br> **Services — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32357 | Verizon Communications, Inc. | 1400087 |
|  | **Electric Utilities — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1450 | &nbsp;&nbsp;&nbsp; American Electric Power Co., <br> Inc. | 150452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1287 | Duke Energy Corp. | 151866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4404 | Edison International | 227246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2592 | Evergy, Inc. | 178667 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Electric Utilities (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3812 | Eversource Energy | $242519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1816 | Pinnacle West Capital Corp. | 162478 |
|  |  | 1113228 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 5.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5809 | Amphenol Corp., Class A | 573639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23387 | Corning, Inc. | 1229922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6067 | TE Connectivity PLC | 1023321 |
|  |  | 2826882 |
|  | **Food Products — 2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6890 | Archer-Daniels-Midland Co. | 363654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8131 | Campbell's (The) Co. | 249215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16240 | Conagra Brands, Inc. | 332433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5468 | General Mills, Inc. | 283297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2420 | J.M. Smucker (The) Co. | 237644 |
|  |  | 1466243 |
|  | **Ground Transportation —** <br> **0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 906 | Norfolk Southern Corp. | 231909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 911 | Union Pacific Corp. | 209603 |
|  |  | 441512 |
|  | **Health Care Equipment &** <br> **Supplies — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2193 | Abbott Laboratories | 298270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1437 | Becton Dickinson & Co. | 247523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5954 | Medtronic PLC | 519010 |
|  |  | 1064803 |
|  | **Health Care Providers &** <br> **Services — 3.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1748 | Cardinal Health, Inc. | 293664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 873 | Cigna Group (The) | 288596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9583 | CVS Health Corp. | 661035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1744 | Quest Diagnostics, Inc. | 313275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | UnitedHealth Group, Inc. | 187182 |
|  |  | 1743752 |
|  | **Hotels, Restaurants & Leisure** <br> **— 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1212 | McDonald's Corp. | 354110 |
|  | **Household Durables — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1213 | Garmin Ltd. | 253177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2758 | Lennar Corp., Class A | 305063 |
|  |  | 558240 |
|  | **Industrial Conglomerates —** <br> **0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 954 | Honeywell International, Inc. | 222168 |
|  | **Insurance — 4.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2318 | Aflac, Inc. | 244456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2117 | Cincinnati Financial Corp. | 315264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 745 | Everest Group Ltd. | 253188 |

---

------

**First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Insurance (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4405 | MetLife, Inc. | $354250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5785 | Principal Financial Group, Inc. | 459503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5733 | Prudential Financial, Inc. | 615953 |
|  |  | 2242614 |
|  | **IT Services — 4.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2704 | Accenture PLC, Class A | 808199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4495 | &nbsp;&nbsp;&nbsp; International Business Machines <br> Corp. | 1325036 |
|  |  | 2133235 |
|  | **Leisure Products — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14712 | Hasbro, Inc. | 1086040 |
|  | **Machinery — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 722 | Cummins, Inc. | 236455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 902 | Illinois Tool Works, Inc. | 223020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 736 | Snap-on, Inc. | 229028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6364 | Stanley Black & Decker, Inc. | 431161 |
|  |  | 1119664 |
|  | **Media — 5.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24000 | Comcast Corp., Class A | 856560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46851 | &nbsp;&nbsp;&nbsp; Interpublic Group of (The) Cos., <br> Inc. | 1146913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10662 | Omnicom Group, Inc. | 767024 |
|  |  | 2770497 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3351 | Chevron Corp. | 479830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13451 | Coterra Energy, Inc. | 341386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3474 | Exxon Mobil Corp. | 374497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5495 | ONEOK, Inc. | 448557 |
|  |  | 1644270 |
|  | **Personal Care Products —** <br> **0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11630 | Kenvue, Inc. | 243416 |
|  | **Pharmaceuticals — 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13409 | Bristol-Myers Squibb Co. | 620702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3081 | Johnson & Johnson | 470623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7337 | Merck & Co., Inc. | 580797 |
|  |  | 1672122 |
|  | **Professional Services — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 606 | Automatic Data Processing, Inc. | 186890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1565 | Paychex, Inc. | 227645 |
|  |  | 414535 |
|  | **Residential REITs — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 483 | Essex Property Trust, Inc. | 136882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 906 | &nbsp;&nbsp;&nbsp; Mid-America Apartment <br> Communities, Inc. | 134097 |
|  |  | 270979 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Retail REITs — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1898 | Federal Realty Investment Trust | $180291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3822 | Realty Income Corp. | 220185 |
|  |  | 400476 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 15.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4405 | Analog Devices, Inc. | 1048478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3627 | Applied Materials, Inc. | 663995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 625 | KLA Corp. | 559838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36831 | Microchip Technology, Inc. | 2591797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6473 | QUALCOMM, Inc. | 1030890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8173 | Texas Instruments, Inc. | 1696878 |
|  |  | 7591876 |
|  | **Software — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4472 | Oracle Corp. | 977713 |
|  | **Specialized REITs — 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1234 | Extra Space Storage, Inc. | 181941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 542 | Public Storage | 159034 |
|  |  | 340975 |
|  | **Specialty Retail — 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13846 | Best Buy Co., Inc. | 929482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1199 | Home Depot (The), Inc. | 439601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1542 | Lowe's Cos., Inc. | 342124 |
|  |  | 1711207 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 7.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90185 | Hewlett Packard Enterprise Co. | 1844283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69723 | HP, Inc. | 1705425 |
|  |  | 3549708 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7477 | NIKE, Inc., Class B | 531166 |
|  | **Tobacco — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9057 | Altria Group, Inc. | 531012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1579 | Philip Morris International, Inc. | 287583 |
|  |  | 818595 |
|  | **Trading Companies &** <br> **Distributors — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4880 | Fastenal Co. | 204960 |
|  | **Total Common Stocks** | 50262482 |
|  | (Cost $48,102,369) |  |

---

------

**First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32904 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (a) | $32904 |
|  | (Cost $32,904) |  |
|  | **Total Investments — 99.8%** | 50295386 |
|  | (Cost $48,135,273) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.2%** | 105739 |
|  | **Net Assets — 100.0%** | $50401125 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Rate shown reflects yield as of June 30, 2025.

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

Abbreviations throughout the Portfolio of Investments: <br> REITs – Real Estate Investment Trusts

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $50262482 | $50262482 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 32904 | &nbsp;&nbsp; 32904 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $50295386 | $50295386 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust SMID Capital Strength ETF (FSCS)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** |
|  | **Air Freight & Logistics —** <br> **1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4140 | C.H. Robinson Worldwide, Inc. | $397233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3536 | &nbsp;&nbsp;&nbsp; Expeditors International of <br> Washington, Inc. | 403988 |
|  |  | 801221 |
|  | **Automobile Components —** <br> **2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17499 | Gentex Corp. | 384803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5254 | Visteon Corp. (a) | 490198 |
|  |  | 875001 |
|  | **Banks — 10.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3317 | City Holding Co. | 406067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6298 | Commerce Bancshares, Inc. | 391547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3381 | Cullen/Frost Bankers, Inc. | 434594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4873 | East West Bancorp, Inc. | 492075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20673 | First BanCorp | 430619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6387 | International Bancshares Corp. | 425119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10536 | OFG Bancorp | 450941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5364 | Pathward Financial, Inc. | 424400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4656 | Preferred Bank | 402953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8207 | Westamerica BanCorp | 397547 |
|  |  | 4255862 |
|  | **Beverages — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11165 | Brown-Forman Corp., Class B | 300450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8671 | National Beverage Corp. (a) | 374934 |
|  |  | 675384 |
|  | **Biotechnology — 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13973 | Alkermes PLC (a) | 399768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6417 | Halozyme Therapeutics, Inc. (a) | 333812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1325 | United Therapeutics Corp. (a) | 380739 |
|  |  | 1114319 |
|  | **Building Products — 3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5975 | A.O. Smith Corp. | 391781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2986 | Allegion PLC | 430342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2560 | Simpson Manufacturing Co., Inc. | 397594 |
|  |  | 1219717 |
|  | **Capital Markets — 10.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10767 | &nbsp;&nbsp;&nbsp; Artisan Partners Asset <br> Management, Inc., Class A | 477301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1738 | Cboe Global Markets, Inc. | 405319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5081 | Cohen & Steers, Inc. | 382853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 883 | FactSet Research Systems, Inc. | 394948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10042 | Federated Hermes, Inc. | 445061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2461 | Houlihan Lokey, Inc. | 442857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1676 | MarketAxess Holdings, Inc. | 374318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1361 | Morningstar, Inc. | 427259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5265 | SEI Investments Co. | 473113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4381 | T. Rowe Price Group, Inc. | 422767 |
|  |  | 4245796 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Chemicals — 2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4817 | Cabot Corp. | $361275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3771 | PPG Industries, Inc. | 428951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3658 | RPM International, Inc. | 401795 |
|  |  | 1192021 |
|  | **Commercial Services &** <br> **Supplies — 4.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5587 | Brady Corp., Class A | 379749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1823 | Clean Harbors, Inc. (a) | 421441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2619 | MSA Safety, Inc. | 438761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4214 | Veralto Corp. | 425403 |
|  |  | 1665354 |
|  | **Communications Equipment** <br> **— 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1459 | F5, Inc. (a) | 429413 |
|  | **Construction & Engineering** <br> **— 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3998 | AECOM | 451214 |
|  | **Consumer Staples Distribution** <br> **& Retail — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 820 | Casey's General Stores, Inc. | 418421 |
|  | **Containers & Packaging —** <br> **2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2623 | AptarGroup, Inc. | 410316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2208 | Avery Dennison Corp. | 387438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2015 | Packaging Corp. of America | 379726 |
|  |  | 1177480 |
|  | **Diversified Consumer Services** <br> **— 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2164 | &nbsp;&nbsp;&nbsp; Grand Canyon Education, <br> Inc. (a) | 408996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14930 | Perdoceo Education Corp. | 488062 |
|  |  | 897058 |
|  | **Electric Utilities — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4778 | Otter Tail Corp. | 368336 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2491 | CDW Corp. | 444868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8448 | Crane NXT Co. | 455347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6479 | Trimble, Inc. (a) | 492274 |
|  |  | 1392489 |
|  | **Financial Services — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1222 | Corpay, Inc. (a) | 405484 |
|  | **Food Products — 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2265 | Hershey (The) Co. | 375877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2908 | Ingredion, Inc. | 394383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1996 | Lancaster Colony Corp. | 344849 |
|  |  | 1115109 |

---

------

**First Trust SMID Capital Strength ETF (FSCS)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Ground Transportation —** <br> **0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2737 | Landstar System, Inc. | $380498 |
|  | **Health Care Equipment &** <br> **Supplies — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6555 | Hologic, Inc. (a) | 427124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1528 | Insulet Corp. (a) | 480067 |
|  |  | 907191 |
|  | **Health Care Providers &** <br> **Services — 3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 649 | Chemed Corp. | 316018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3651 | Encompass Health Corp. | 447722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2948 | Ensign Group (The), Inc. | 454758 |
|  |  | 1218498 |
|  | **Hotels, Restaurants & Leisure** <br> **— 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2330 | Texas Roadhouse, Inc. | 436665 |
|  | **Household Durables — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 790 | Cavco Industries, Inc. (a) | 343200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52 | NVR, Inc. (a) | 384054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3973 | PulteGroup, Inc. | 418993 |
|  |  | 1146247 |
|  | **Household Products — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2699 | Clorox (The) Co. | 324069 |
|  | **Insurance — 9.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2948 | American Financial Group, Inc. | 372067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3989 | Axis Capital Holdings Ltd. | 414138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2853 | Cincinnati Financial Corp. | 424869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6104 | Fidelity National Financial, Inc. | 342190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2334 | &nbsp;&nbsp;&nbsp; Hanover Insurance Group (The), <br> Inc. | 396477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213 | Markel Group, Inc. (a) | 425438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1482 | Primerica, Inc. | 405579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1568 | RenaissanceRe Holdings Ltd. | 380867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4973 | Unum Group | 401619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5484 | W.R. Berkley Corp. | 402909 |
|  |  | 3966153 |
|  | **Interactive Media & Services** <br> **— 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11412 | Yelp, Inc. (a) | 391089 |
|  | **Life Sciences Tools & Services** <br> **— 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1175 | Waters Corp. (a) | 410122 |
|  | **Machinery — 8.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6013 | Donaldson Co., Inc. | 417002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4801 | Graco, Inc. | 412742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2945 | ITT, Inc. | 461864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3041 | Lindsay Corp. | 438664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5318 | Mueller Industries, Inc. | 422622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2087 | Nordson Corp. | 447390 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Machinery (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1235 | Snap-on, Inc. | $384307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1915 | &nbsp;&nbsp;&nbsp; Watts Water Technologies, Inc., <br> Class A | 470879 |
|  |  | 3455470 |
|  | **Media — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7657 | &nbsp;&nbsp;&nbsp; New York Times (The) Co., <br> Class A | 428639 |
|  | **Metals & Mining — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3189 | Steel Dynamics, Inc. | 408224 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17889 | &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp., <br> Class A | 402145 |
|  | **Personal Care Products —** <br> **1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3627 | Interparfums, Inc. | 476261 |
|  | **Professional Services — 5.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8405 | ExlService Holdings, Inc. (a) | 368055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4820 | Exponent, Inc. | 360102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7926 | Genpact Ltd. | 348823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2706 | Leidos Holdings, Inc. | 426899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8306 | Robert Half, Inc. | 340961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6776 | UL Solutions, Inc., Class A | 493700 |
|  |  | 2338540 |
|  | **Software — 2.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8754 | Dynatrace, Inc. (a) | 483308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3128 | Qualys, Inc. (a) | 446898 |
|  |  | 930206 |
|  | **Specialized REITs — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14924 | Rayonier, Inc. | 331014 |
|  | **Specialty Retail — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10901 | Buckle (The), Inc. | 494360 |
|  | **Total Common Stocks** | 41145070 |
|  | (Cost $39,217,327) |  |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17766 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | 17766 |
|  | (Cost $17,766) |  |
|  | **Total Investments — 100.0%** | 41162836 |
|  | (Cost $39,235,093) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.0%** | 1323 |
|  | **Net Assets — 100.0%** | $41164159 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

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

------

**First Trust SMID Capital Strength ETF (FSCS)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

Abbreviations throughout the Portfolio of Investments: <br> REITs – Real Estate Investment Trusts

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $41145070 | $41145070 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 17766 | &nbsp;&nbsp; 17766 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $41162836 | $41162836 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust SMID Growth Strength ETF (FSGS)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Banks — 8.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4400 | Axos Financial, Inc. (a) | $334576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11862 | Columbia Banking System, Inc. | 277334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2354 | Cullen/Frost Bankers, Inc. | 302583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3397 | East West Bancorp, Inc. | 343029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5445 | &nbsp;&nbsp;&nbsp; Enterprise Financial Services <br> Corp. | 300020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3306 | Esquire Financial Holdings, Inc. | 312946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2405 | Nicolet Bankshares, Inc. | 296969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5501 | WSFS Financial Corp. | 302555 |
|  |  | 2470012 |
|  | **Biotechnology — 4.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9690 | Alkermes PLC (a) | 277231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11664 | &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals, <br> Inc. (a) | 253109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7240 | Exelixis, Inc. (a) | 319103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4500 | Halozyme Therapeutics, Inc. (a) | 234090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2588 | Neurocrine Biosciences, Inc. (a) | 325285 |
|  |  | 1408818 |
|  | **Broadline Retail — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2371 | &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings, <br> Inc. (a) | 312450 |
|  | **Building Products — 5.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2517 | &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, <br> Inc. | 289103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 896 | CSW Industrials, Inc. | 257000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 477 | Lennox International, Inc. | 273435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1781 | Simpson Manufacturing Co., Inc. | 276607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3826 | Tecnoglass, Inc. | 295979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8805 | &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions <br> Corp. | 321999 |
|  |  | 1714123 |
|  | **Capital Markets — 6.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1201 | Cboe Global Markets, Inc. | 280085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 614 | FactSet Research Systems, Inc. | 274630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6985 | Federated Hermes, Inc. | 309575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1938 | Hamilton Lane, Inc., Class A | 275429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 946 | Morningstar, Inc. | 296978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2011 | PJT Partners, Inc., Class A | 331835 |
|  |  | 1768532 |
|  | **Chemicals — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2546 | RPM International, Inc. | 279653 |
|  | **Commercial Services &** <br> **Supplies — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1273 | Clean Harbors, Inc. (a) | 294292 |
|  | **Construction & Engineering** <br> **— 5.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1800 | Argan, Inc. | 396864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 756 | Comfort Systems USA, Inc. | 405375 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Construction & Engineering** <br> **(Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 694 | EMCOR Group, Inc. | $371213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1882 | Sterling Infrastructure, Inc. (a) | 434234 |
|  |  | 1607686 |
|  | **Construction Materials —** <br> **1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2883 | &nbsp;&nbsp;&nbsp; United States Lime & Minerals, <br> Inc. | 287723 |
|  | **Consumer Staples Distribution** <br> **& Retail — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 571 | Casey's General Stores, Inc. | 291364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1652 | Sprouts Farmers Market, Inc. (a) | 271985 |
|  |  | 563349 |
|  | **Containers & Packaging —** <br> **1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1839 | AptarGroup, Inc. | 287675 |
|  | **Diversified Consumer Services** <br> **— 4.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2465 | &nbsp;&nbsp;&nbsp; Adtalem Global Education, <br> Inc. (a) | 313622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2238 | &nbsp;&nbsp;&nbsp; Bright Horizons Family <br> Solutions, Inc. (a) | 276595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1933 | Stride, Inc. (a) | 280652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9479 | &nbsp;&nbsp;&nbsp; Universal Technical Institute, <br> Inc. (a) | 321243 |
|  |  | 1192112 |
|  | **Electrical Equipment — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 775 | Hubbell, Inc. | 316518 |
|  | **Energy Equipment & Services** <br> **— 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6918 | Cactus, Inc., Class A | 302455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7708 | Tidewater, Inc. (a) | 355570 |
|  |  | 658025 |
|  | **Financial Services — 2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 857 | Corpay, Inc. (a) | 284370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2799 | Euronet Worldwide, Inc. (a) | 283762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41793 | Payoneer Global, Inc. (a) | 286282 |
|  |  | 854414 |
|  | **Food Products — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2031 | Ingredion, Inc. | 275444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1419 | Lancaster Colony Corp. | 245161 |
|  |  | 520605 |
|  | **Health Care Equipment &** <br> **Supplies — 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2623 | Lantheus Holdings, Inc. (a) | 214719 |
|  | **Health Care Providers &** <br> **Services — 5.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2270 | CorVel Corp. (a) | 233310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2556 | Encompass Health Corp. | 313442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2046 | Ensign Group (The), Inc. | 315616 |

---

------

**First Trust SMID Growth Strength ETF (FSGS)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Health Care Providers &** <br> **Services (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2865 | National HealthCare Corp. | $306584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8214 | Option Care Health, Inc. (a) | 266791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12340 | Progyny, Inc. (a) | 271480 |
|  |  | 1707223 |
|  | **Hotels, Restaurants & Leisure** <br> **— 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1633 | Texas Roadhouse, Inc. | 306040 |
|  | **Household Durables — 3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1675 | Installed Building Products, Inc. | 302036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2767 | PulteGroup, Inc. | 291808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 931 | TopBuild Corp. (a) | 301402 |
|  |  | 895246 |
|  | **Insurance — 6.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1382 | Assurant, Inc. | 272931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 638 | Erie Indemnity Co., Class A | 221252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1819 | HCI Group, Inc. | 276852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 545 | Kinsale Capital Group, Inc. | 263725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4934 | Mercury General Corp. | 332256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1097 | RenaissanceRe Holdings Ltd. | 266461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3821 | W.R. Berkley Corp. | 280729 |
|  |  | 1914206 |
|  | **Interactive Media & Services** <br> **— 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11966 | EverQuote, Inc., Class A (a) | 289338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10401 | Pinterest, Inc., Class A (a) | 372980 |
|  |  | 662318 |
|  | **Leisure Products — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9537 | YETI Holdings, Inc. (a) | 300606 |
|  | **Life Sciences Tools & Services** <br> **— 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 889 | Medpace Holdings, Inc. (a) | 279021 |
|  | **Machinery — 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1575 | Alamo Group, Inc. | 343948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6270 | Flowserve Corp. | 328235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2054 | SPX Technologies, Inc. (a) | 344415 |
|  |  | 1016598 |
|  | **Media — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5351 | &nbsp;&nbsp;&nbsp; New York Times (The) Co., <br> Class A | 299549 |
|  | **Metals & Mining — 1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2184 | &nbsp;&nbsp;&nbsp; Alpha Metallurgical Resources, <br> Inc. (a) | 245656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1422 | Royal Gold, Inc. | 252889 |
|  |  | 498545 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3553 | Core Natural Resources, Inc. | 247786 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Pharmaceuticals — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9292 | &nbsp;&nbsp;&nbsp; Harmony Biosciences Holdings, <br> Inc. (a) | $293627 |
|  | **Professional Services — 6.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2340 | &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding <br> Corp. | 243664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5821 | ExlService Holdings, Inc. (a) | 254901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3317 | Insperity, Inc. | 199418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4048 | Parsons Corp. (a) | 290525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1222 | Paycom Software, Inc. | 282771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1435 | Paylocity Holding Corp. (a) | 260008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20781 | Upwork, Inc. (a) | 279297 |
|  |  | 1810584 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3070 | Cirrus Logic, Inc. (a) | 320063 |
|  | **Software — 7.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1209 | Appfolio, Inc., Class A (a) | 278409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3475 | Docusign, Inc. (a) | 270668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6048 | Dynatrace, Inc. (a) | 333910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1360 | InterDigital, Inc. | 304953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1611 | Manhattan Associates, Inc. (a) | 318124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7642 | Pegasystems, Inc. | 413661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1817 | PTC, Inc. (a) | 313142 |
|  |  | 2232867 |
|  | **Specialty Retail — 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3697 | &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co., <br> Class A (a) | 306297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7462 | Chewy, Inc., Class A (a) | 318030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5444 | Urban Outfitters, Inc. (a) | 394908 |
|  |  | 1019235 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2937 | Crocs, Inc. (a) | 297460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2505 | Deckers Outdoor Corp. (a) | 258190 |
|  |  | 555650 |
|  | **Trading Companies &** <br> **Distributors — 1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1200 | &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, <br> Inc. | 278940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 527 | Watsco, Inc. | 232734 |
|  |  | 511674 |
|  | **Total Common Stocks** | 29621544 |
|  | (Cost $28,602,376) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31028 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (b) | 31028 |
|  | (Cost $31,028) |  |

---

------

**First Trust SMID Growth Strength ETF (FSGS)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** |
| $829 | &nbsp;&nbsp;&nbsp; Bank of America Corp., <br> 4.39% (b), dated 06/30/25, <br> due 07/01/25, with a maturity <br> value of $829. Collateralized <br> by U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.88%, due 04/30/26 to <br> 06/30/30. The value of the <br> collateral including accrued <br> interest is $846. (c) | $829 |
|  | (Cost $829) |  |
|  | **Total Investments — 100.0%** | 29653401 |
|  | (Cost $28,634,233) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (7879)<br>|
|  | **Net Assets — 100.0%** | $29645522 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of June 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $29621544 | $29621544 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 31028 | &nbsp;&nbsp; 31028 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Repurchase Agreements | &nbsp;&nbsp; 829 | &nbsp;&nbsp; — | &nbsp;&nbsp; 829 | &nbsp;&nbsp; — |
| Total Investments | $29653401 | $29652572 | $829 | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust S-Network Streaming & Gaming ETF (BNGE)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) — 99.9%** | **COMMON STOCKS (a) (b) — 99.9%** | **COMMON STOCKS (a) (b) — 99.9%** |
|  | **Australia — 3.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6391 | Aristocrat Leisure Ltd. (AUD) | $274120 |
|  | **Bermuda — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp; China Ruyi Holdings Ltd. <br> (HKD) (c) (d) | 30618 |
|  | **Cayman Islands — 17.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5062 | Hello Group, Inc., ADR | 42723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16763 | iQIYI, Inc., ADR (c) | 29671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 729 | JOYY, Inc., ADR | 37113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31419 | &nbsp;&nbsp;&nbsp; Kuaishou Technology <br> (HKD) (c) (e) (f) | 253355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1533 | &nbsp;&nbsp;&nbsp; NetEase Cloud Music, Inc. <br> (HKD) (c) (e) (f) | 47064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2672 | NetEase, Inc., ADR | 359598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4423 | Tencent Holdings Ltd. (HKD) | 283412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10522 | &nbsp;&nbsp;&nbsp; Tencent Music Entertainment <br> Group, ADR | 205074 |
|  |  | 1258010 |
|  | **Greece — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2152 | OPAP S.A. (EUR) | 48798 |
|  | **Guernsey — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4105 | Super Group SGHC Ltd. | 45032 |
|  | **Ireland — 4.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1097 | Flutter Entertainment PLC (c) | 313479 |
|  | **Isle Of Man — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7662 | Entain PLC (GBP) | 94760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3000 | Playtech PLC (GBP) | 15484 |
|  |  | 110244 |
|  | **Italy — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2014 | Lottomatica Group S.p.A. (EUR) | 55894 |
|  | **Japan — 14.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4000 | Capcom Co., Ltd. (JPY) | 137023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1100 | Konami Group Corp. (JPY) | 174275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4761 | Nexon Co., Ltd. (JPY) (d) | 96208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3490 | Nintendo Co., Ltd. (JPY) | 336386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10315 | Sony Group Corp. (JPY) | 267178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp; Square Enix Holdings Co., Ltd. <br> (JPY) | 74963 |
|  |  | 1086033 |
|  | **Luxembourg — 4.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 456 | Spotify Technology S.A. (c) | 349907 |
|  | **South Korea — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335 | Krafton, Inc. (KRW) (c) | 90104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 497 | SOOP Co., Ltd. (KRW) | 33585 |
|  |  | 123689 |
|  | **Sweden — 2.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1818 | Betsson AB, Class B (SEK) | 38413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1663 | Evolution AB (SEK) (e) (f) | 132113 |
|  |  | 170526 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Switzerland — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2043 | &nbsp;&nbsp;&nbsp; Sportradar Group AG, <br> Class A (c) | $57367 |
|  | **United States — 46.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2841 | &nbsp;&nbsp;&nbsp; Advanced Micro Devices, <br> Inc. (c) | 403138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5771 | DraftKings, Inc., Class A (c) | 247518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1808 | Electronic Arts, Inc. | 288738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10143 | fuboTV, Inc. (c) | 39152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4914 | GameStop Corp., Class A (c) (d) | 119852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1007 | Light & Wonder, Inc. (c) | 96934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2591 | MGM Resorts International (c) | 89104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 274 | Netflix, Inc. (c) | 366922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1906 | Penn Entertainment, Inc. (c) | 34060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4490 | ROBLOX Corp., Class A (c) | 472348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1535 | Roku, Inc. (c) | 134911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3713 | Rumble, Inc. (c) (d) | 33343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2480 | Rush Street Interactive, Inc. (c) | 36952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1233 | &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, <br> Inc. (c) | 299434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3717 | Unity Software, Inc. (c) | 89951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2956 | Walt Disney (The) Co. | 366574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26658 | Warner Bros. Discovery, Inc. (c) | 305501 |
|  |  | 3424432 |
|  | **Total Common Stocks** | 7348149 |
|  | (Cost $5,722,551) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5702 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 4.21% (g) | 5702 |
|  | (Cost $5,702) |  |

---

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

------

**First Trust S-Network Streaming & Gaming ETF (BNGE)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 3.5%** | **REPURCHASE AGREEMENTS — 3.5%** | **REPURCHASE AGREEMENTS — 3.5%** |
| $258536 | &nbsp;&nbsp;&nbsp; Bank of America Corp., <br> 4.39% (g), dated 06/30/25, <br> due 07/01/25, with a maturity <br> value of $258,568. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.88%, due 04/30/26 to <br> 06/30/30. The value of the <br> collateral including accrued <br> interest is $263,707. (h) | $258536 |
|  | (Cost $258,536) |  |
|  | **Total Investments — 103.5%** | 7612387 |
|  | (Cost $5,986,789) |  |
|  | **Net Other Assets and** <br> **Liabilities — (3.5)%** | (254317)<br>|
|  | **Net Assets — 100.0%** | $7358070 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Portfolio securities are categorized based upon their country of incorporation, which can be different from the country categorization of the Fund's underlying index. For a breakdown of the portfolio securities by sector, please see the Sector Allocation table.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(d) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $251,980 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $258,536.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(f) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Rate shown reflects yield as of June 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(h) This security serves as collateral for securities on loan.

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

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| ADR | – American Depositary Receipt |
| AUD | – Australian Dollar |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| JPY | – Japanese Yen |
| KRW | – South Korean Won |
| SEK | – Swedish Krona |
| USD | – United States Dollar |

---

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

---

| | |
|:---|:---|
| **Sector Allocation** | **% of Total** <br>**Investments**<br>|
| Communication Services | &nbsp;&nbsp; 64.2% |
| Consumer Discretionary | &nbsp;&nbsp; 25.8 |
| Information Technology | &nbsp;&nbsp;&nbsp; 6.5 |
| Repurchase Agreements | &nbsp;&nbsp;&nbsp; 3.4 |
| Money Market Funds | &nbsp;&nbsp;&nbsp; 0.1 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| USD | &nbsp;&nbsp; 67.4% |
| JPY | &nbsp;&nbsp; 14.3 |
| HKD | &nbsp;&nbsp;&nbsp; 8.1 |
| AUD | &nbsp;&nbsp;&nbsp; 3.6 |
| SEK | &nbsp;&nbsp;&nbsp; 2.2 |
| KRW | &nbsp;&nbsp;&nbsp; 1.6 |
| GBP | &nbsp;&nbsp;&nbsp; 1.4 |
| EUR | &nbsp;&nbsp;&nbsp; 1.4 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $7348149 | $7348149 | $— | $— |
| Money Market Funds | &nbsp;&nbsp; 5702 | &nbsp;&nbsp; 5702 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Repurchase Agreements | &nbsp;&nbsp; 258536 | &nbsp;&nbsp; — | &nbsp;&nbsp; 258536 | &nbsp;&nbsp; — |
| Total Investments | $7612387 | $7353851 | $258536 | $— |

---

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

\* See Portfolio of Investments for country breakout.

------

**First Trust Balanced Income ETF (FTBI)**

**Portfolio of Investments**

**June 30, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **EXCHANGE-TRADED FUNDS (a) — 99.9%** | **EXCHANGE-TRADED FUNDS (a) — 99.9%** | **EXCHANGE-TRADED FUNDS (a) — 99.9%** |
|  | **Capital Markets — 99.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25929 | &nbsp;&nbsp;&nbsp; First Trust BuyWrite Income <br> ETF | $592478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10362 | &nbsp;&nbsp;&nbsp; First Trust Core Investment <br> Grade ETF | 218224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6522 | &nbsp;&nbsp;&nbsp; First Trust Intermediate Duration <br> Investment Grade Corporate <br> ETF | 136832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6285 | &nbsp;&nbsp;&nbsp; First Trust Intermediate <br> Government Opportunities <br> ETF | 126643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7074 | &nbsp;&nbsp;&nbsp; First Trust Limited Duration <br> Investment Grade Corporate <br> ETF | 135255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5994 | &nbsp;&nbsp;&nbsp; First Trust Long Duration <br> Opportunities ETF | 128391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2565 | &nbsp;&nbsp;&nbsp; First Trust Low Duration <br> Opportunities ETF | 126352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14493 | &nbsp;&nbsp;&nbsp; First Trust Nasdaq BuyWrite <br> Income ETF | 283483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4977 | &nbsp;&nbsp;&nbsp; First Trust Smith Opportunistic <br> Fixed Income ETF | 218441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8106 | &nbsp;&nbsp;&nbsp; FT Vest Gold Strategy Target <br> Income ETF<sup>®</sup>  | 175981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8319 | &nbsp;&nbsp;&nbsp; FT Vest Rising Dividend <br> Achievers Target Income ETF | 205562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4053 | &nbsp;&nbsp;&nbsp; FT Vest S&P 500<sup>®</sup> Dividend <br> Aristocrats Target Income <br> ETF<sup>®</sup>  | 199002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9393 | &nbsp;&nbsp;&nbsp; FT Vest SMID Rising Dividend <br> Achievers Target Income ETF | 192650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12501 | &nbsp;&nbsp;&nbsp; FT Vest Technology Dividend <br> Target Income ETF | 334777 |
|  | **Total Investments — 99.9%** | 3074071 |
|  | (Cost $3,064,532) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.1%** | 3554 |
|  | **Net Assets — 100.0%** | $3077625 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents investments in affiliated funds.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of June 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**6/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Exchange-Traded Funds\* | $3074071 | $3074071 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**First Trust Balanced Income ETF (FTBI)**

**Portfolio of Investments (Continued)**

**June 30, 2025 (Unaudited)**

------

**Affiliated Transactions**

Amounts relating to investments in affiliated funds at June 30, 2025, and for the fiscal year-to-date period ((commencement of investment operations) to June 30, 2025) are as follows:

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at <br>6/30/2025<br>| Value at <br>5/28/2025<br>| Purchases | Sales | Change in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Realized <br>Gain <br>(Loss)<br>| Value at <br>6/30/2025<br>| Dividend <br>Income<br>|
| First Trust BuyWrite Income ETF | 25929 | $— | $3526603 | $(2962388)<br>| $3371 | $24892 | $592478 | $4226 |
| &nbsp;&nbsp;&nbsp; First Trust Core Investment Grade <br> ETF<br>| 10362 |  | 1305267 | (1091119)<br>| 415 | 3661 | 218224 | 777 |
| &nbsp;&nbsp;&nbsp; First Trust Intermediate Duration <br> Investment Grade Corporate ETF<br>| 6522 |  | 818380 | (684158)<br>| 240 | 2370 | 136832 | 522 |
| &nbsp;&nbsp;&nbsp; First Trust Intermediate Government <br> Opportunities ETF<br>| 6285 |  | 757792 | (633214)<br>| 144 | 1921 | 126643 | 519 |
| &nbsp;&nbsp;&nbsp; First Trust Limited Duration <br> Investment Grade Corporate ETF<br>| 7074 |  | 810326 | (676274)<br>| 71 | 1132 | 135255 | 513 |
| &nbsp;&nbsp;&nbsp; First Trust Long Duration <br> Opportunities ETF<br>| 5994 |  | 769569 | (641957)<br>| (60)<br>| 839 | 128391 | 435 |
| &nbsp;&nbsp;&nbsp; First Trust Low Duration <br> Opportunities ETF<br>| 2565 |  | 757769 | (631759)<br>| (77)<br>| 419 | 126352 | 436 |
| &nbsp;&nbsp;&nbsp; First Trust Nasdaq BuyWrite <br> Income ETF<br>| 14493 |  | 1690705 | (1417415)<br>| 773 | 9420 | 283483 | 2725 |
| &nbsp;&nbsp;&nbsp; First Trust Smith Opportunistic <br> Fixed Income ETF<br>| 4977 |  | 1306944 | (1092203)<br>| 299 | 3401 | 218441 | 771 |
| &nbsp;&nbsp;&nbsp; FT Vest Gold Strategy Target <br> Income ETF<sup>®</sup> <br>| 8106 |  | 1062210 | (879906)<br>| (1703)<br>| (4620)<br>| 175981 | 357 |
| &nbsp;&nbsp;&nbsp; FT Vest Rising Dividend Achievers <br> Target Income ETF<br>| 8319 |  | 1220064 | (1027812)<br>| 1830 | 11480 | 205562 | 1448 |
| &nbsp;&nbsp;&nbsp; FT Vest S&P 500<sup>®</sup> Dividend <br> Aristocrats Target Income ETF<sup>®</sup> <br>| 4053 |  | 1186259 | (995012)<br>| 581 | 7174 | 199002 | 1419 |
| &nbsp;&nbsp;&nbsp; FT Vest SMID Rising Dividend <br> Achievers Target Income ETF<br>| 9393 |  | 1152240 | (963252)<br>| 281 | 3381 | 192650 | 1371 |
| &nbsp;&nbsp;&nbsp; FT Vest Technology Dividend <br> Target Income ETF<br>| 12501 |  | 1976785 | (1673885)<br>| 3375 | 28502 | 334777 | 2168 |
|  |  | $— | $18340913 | $(15370354)<br>| $9540 | $93972 | $3074071 | $17687 |

---

------

**First Trust Exchange-Traded Fund VI**

**Additional Information**

**June 30, 2025 (Unaudited)**

**Valuation Inputs**

The Funds are subject to fair value accounting standards that define fair value, establish the framework for measuring fair value and provide a three-level hierarchy for fair valuation based upon the inputs to the valuation as of the measurement date. The three levels of the fair value hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments, valuations based on interest rates and yield curves, or valuations derived from observable market data.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Level 3 inputs are unobservable inputs that may reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing the investment.

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

**Licensing Information**

**First Trust Nasdaq Bank ETF** <br>**First Trust Nasdaq Food & Beverage ETF** <br>**First Trust Nasdaq Oil & Gas ETF** <br>**First Trust Nasdaq Pharmaceuticals ETF** <br>**First Trust Nasdaq Semiconductor ETF** <br>**First Trust Nasdaq Transportation ETF** <br>**First Trust SMID Capital Strength ETF** <br>**First Trust SMID Growth Strength ETF** 

Nasdaq<sup>®</sup>, Nasdaq US Smart Banks<sup>TM</sup> Index, Nasdaq US Smart Food & Beverage<sup>TM</sup> Index, Nasdaq US Smart Oil & Gas<sup>TM</sup> Index, Nasdaq US Smart Pharmaceuticals<sup>TM</sup> Index, Nasdaq US Smart Semiconductor<sup>TM</sup> Index, Nasdaq US Smart Transportation<sup>TM</sup> Index, The SMID Capital Strength Index, and The SMID Growth Strength Index ("the Nasdaq Indexes") are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the "Corporations") and are licensed for use by First Trust. The Funds have not been passed on by the Corporations as to their legality or suitability. The Funds are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUNDS.

**First Trust S-Network E-Commerce ETF** <br>**First Trust S-Network Streaming & Gaming ETF**

S-Network, S-Network Global E-Commerce Index<sup>TM</sup> and S-Network Streaming & Gaming Index are service marks of VettaFi LLC and have been licensed for use by First Trust Advisors L.P. The Funds are not issued, sponsored, endorsed, sold or promoted by VettaFi LLC (collectively, "VettaFi"). VettaFi makes no representation or warranty, express or implied, to the purchasers or owners of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the Index to track general market performance.

**Emerging Markets Equity Select ETF**

Nasdaq Riskalyze Emerging Markets<sup>TM</sup> Index is a trademark or service mark of Nitrogen Wealth, Inc. ("Nitrogen Wealth") and has been licensed for use for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by Nitrogen Wealth and Nitrogen Wealth makes no representation regarding the advisability of trading in the Fund. Nasdaq Riskalyze Emerging Markets<sup>TM</sup> Index is a product of Nitrogen Wealth. RISKALYZE<sup>®</sup> and Nasdaq Riskalyze Emerging Markets<sup>TM</sup> Index are trademarks of Nitrogen Wealth. Nasdaq<sup>®</sup> is a trademark of Nasdaq, Inc.

**First Trust S&P 500 Diversified Dividend Aristocrats ETF**

S&P 500<sup>®</sup> Sector-Neutral Dividend Aristocrats Index (the "Index") is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and have been licensed for use by First Trust. S&P<sup>®</sup> is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones<sup>®</sup> is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have

------

**First Trust Exchange-Traded Fund VI**

**Additional Information (Continued)**

**June 30, 2025 (Unaudited)**

been licensed for use by SPDJI and sublicensed for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the Index.

**First Trust Balanced Income ETF**

"Bloomberg<sup>®</sup>" and Bloomberg Moderate Allocation Income Focus Index licensed herein (the "Indices") are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the Indices (collectively, "Bloomberg") and have been licensed for use for certain purposes by First Trust Advisors L.P. (the "Licensee"). Bloomberg is not affiliated with the Licensee, and Bloomberg does not approve, endorse, review, or recommend the financial products referenced herein (the "Financial Products"). Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Indices or the Financial Products.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Trust Exchange-Traded Fund VI

- **b. Investment Company Act file number:** 811-22717

- **c. CIK number of Registrant:** 0001552740

- **d. LEI of Registrant:** 549300ZLB3EUU3H8NE60

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

  - **Street Address 1:** 120 East Liberty Drive

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

  - **Telephone number:** 630-765-8000

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

- **a. Name of Series:** First Trust Nasdaq Oil & Gas ETF

- **b. EDGAR series identifier (if any):** S000053944

- **c. LEI of Series:** 5493002G74G0DW1RLK74

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $122370868.93

**Total Liabilities:** $1102221.28

**Net Assets:** $121268647.65

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000169746 | -15.27%              | 1.99%                | 5.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-711863.24              | $-24106841.81                              |
| Month 2  | $-13757.01               | $2071338.45                                |
| Month 3  | $127087.01               | $6139665.26                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Government Cash Management | Dreyfus Government Cash Management | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |     73328 | NS      | $73327.57     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                     | ConocoPhillips                     | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    104506 | NS      | $9378368.44   | 7.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc            | Kodiak Gas Services Inc            | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15401 | NS      | $527792.27    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC      | Weatherford International PLC      | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |     10719 | NS      | $539272.89    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp               | Range Resources Corp               | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     21506 | NS      | $874649.02    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BOFA SECURITIES, INC.              | BOFA SECURITIES INC                | CUSIP: 000000000<br>LEI: 549300HN4UKV1E2R3U73 | Long             | RA               | CORP              | US        |   1039415 | PA      | $1039415.00   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Phillips 66                        | Phillips 66                        | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     28350 | NS      | $3382155.00   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                           | EQT Corp                           | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     49836 | NS      | $2906435.52   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                | Cheniere Energy Inc                | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     20240 | NS      | $4928844.80   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                 | Coterra Energy Inc                 | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     89258 | NS      | $2265368.04   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc             | Diamondback Energy Inc             | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     32592 | NS      | $4478140.80   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                  | Kinder Morgan Inc                  | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    188148 | NS      | $5531551.20   | 4.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                        | Ovintiv Inc                        | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     72635 | NS      | $2763761.75   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp             | Permian Resources Corp             | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    209470 | NS      | $2852981.40   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                  | Devon Energy Corp                  | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    143039 | NS      | $4550070.59   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                       | Archrock Inc                       | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |     24418 | NS      | $606298.94    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp               | Targa Resources Corp               | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     15656 | NS      | $2725396.48   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp            | Magnolia Oil & Gas Corp            | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33881 | NS      | $761644.88    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                    | Schlumberger NV                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    124361 | NS      | $4203401.80   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co               | Matador Resources Co               | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     37422 | NS      | $1785777.84   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp            | Texas Pacific Land Corp            | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       464 | NS      | $490164.96    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                           | APA Corp                           | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    153420 | NS      | $2806051.80   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                    | Baker Hughes Co                    | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62416 | NS      | $2393029.44   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                 | Valero Energy Corp                 | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      5066 | NS      | $680971.72    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                         | Cactus Inc                         | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     12604 | NS      | $551046.88    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc                   | Viper Energy Inc                   | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |     14220 | NS      | $542208.60    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                       | SM Energy Co                       | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     47171 | NS      | $1165595.41   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                       | Chevron Corp                       | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65324 | NS      | $9353743.56   | 7.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp            | Marathon Petroleum Corp            | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      4410 | NS      | $732545.10    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                   | Exxon Mobil Corp                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     93072 | NS      | $10033161.60  | 8.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc              | Civitas Resources Inc              | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     64689 | NS      | $1780241.28   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc                            | NOV Inc                            | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |     73423 | NS      | $912647.89    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                          | ONEOK Inc                          | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     43170 | NS      | $3523967.10   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc               | Kinetik Holdings Inc               | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11351 | NS      | $500011.55    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                   | DT Midstream Inc                   | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11110 | NS      | $1221100.10   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil & Gas Inc             | Northern Oil & Gas Inc             | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     38969 | NS      | $1104771.15   | 0.91%             |  |  |  | No            |                  1 | On Loan: —       |
| Liberty Energy Inc                 | Liberty Energy Inc                 | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40830 | NS      | $468728.40    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The               | Williams Cos Inc/The               | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     73954 | NS      | $4645050.74   | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp              | Antero Midstream Corp              | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41870 | NS      | $793436.50    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                  | EOG Resources Inc                  | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     81382 | NS      | $9734101.02   | 8.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                  | Chord Energy Corp                  | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     15957 | NS      | $1545435.45   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                     | Halliburton Co                     | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    128583 | NS      | $2620521.54   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp          | Occidental Petroleum Corp          | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |    201870 | NS      | $8480558.70   | 6.99%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** First Trust Exchange-Traded Fund VI

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

**Title:** Treasurer, Chief Financial Officer and Chief Accounting Officer