# EDGAR Filing Document

**Accession Number:** 0001452937
**File Stem:** 0002048251-26-000752
**Filing Date:** 2026-1
**Character Count:** 32734
**Document Hash:** 0055cf5851a272d669f8ba4c61774dfd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-000752.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0002048251-26-000752

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXCHANGE TRADED CONCEPTS TRUST
- **CENTRAL INDEX KEY:** 0001452937

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22263
- **FILM NUMBER:** 26575693

**BUSINESS ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120
- **BUSINESS PHONE:** 405-778-8377

**MAIL ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES TRUST
- **DATE OF NAME CHANGE:** 20090717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES INC
- **DATE OF NAME CHANGE:** 20090225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VERITAS FUNDS INC
- **DATE OF NAME CHANGE:** 20081230

## Series and Classes Contracts Data

### EMQQ The Emerging Markets Internet ETF (Series ID: S000047306)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000148468 | EMQQ The Emerging Markets Internet ETF | EMQQ            |

## Nport-Ex

**EMQQ**

**T** **he Emerging Markets Internet ETF**

Schedule of Investments

November 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 100.6%** | **COMMON STOCK<sup>††</sup> — 100.6%** | **COMMON STOCK<sup>††</sup> — 100.6%** |
| **Brazil — 13.7%** | **Brazil — 13.7%** |  |
| Consumer Discretionary — 4.9% |  |  |
| &nbsp;&nbsp;&nbsp;MercadoLibre\* | 8853 | $18341469 |
| Financials — 8.8% |  |  |
| &nbsp;&nbsp;&nbsp;Inter | 181697 | 1644495 |
| &nbsp;&nbsp;&nbsp;NU Holdings, Cl A\* | 1307941 | 22745094 |
| &nbsp;&nbsp;&nbsp;Pagseguro Digital, Cl A | 136690 | 1432511 |
| &nbsp;&nbsp;&nbsp;StoneCo, Cl A\* | 173486 | 2923239 |
| &nbsp;&nbsp;&nbsp;XP, Cl A | 237969 | 4690369 |
|  |  | 33435708 |
|  |  | 51777177 |
| **China — 42.9%** |  |  |
| Communication Services — 16.6% |  |  |
| &nbsp;&nbsp;&nbsp;Baidu, Cl A\* | 615300 | 8993673 |
| &nbsp;&nbsp;&nbsp;Bilibili, Cl Z\* | 82440 | 2185524 |
| &nbsp;&nbsp;&nbsp;Kuaishou Technology, Cl B | 788900 | 6870045 |
| &nbsp;&nbsp;&nbsp;NetEase | 500200 | 13748818 |
| &nbsp;&nbsp;&nbsp;Tencent Holdings | 344300 | 27042161 |
| &nbsp;&nbsp;&nbsp;Tencent Music Entertainment Group ADR | 201431 | 3716402 |
|  |  | 62556623 |
| Consumer Discretionary — 23.2% |  |  |
| &nbsp;&nbsp;&nbsp;Alibaba Group Holding | 1412100 | 27478056 |
| &nbsp;&nbsp;&nbsp;JD.com, Cl A | 748700 | 11203189 |
| &nbsp;&nbsp;&nbsp;Meituan, Cl B\* | 854700 | 11252408 |
| &nbsp;&nbsp;&nbsp;PDD Holdings ADR\* | 198373 | 23027138 |
| &nbsp;&nbsp;&nbsp;Trip.com Group | 176350 | 12118173 |
| &nbsp;&nbsp;&nbsp;Vipshop Holdings ADR | 122668 | 2409199 |
|  |  | 87488163 |
| Consumer Staples — 0.6% |  |  |
| &nbsp;&nbsp;&nbsp;JD Health International\* | 289650 | 2273122 |
| Financials — 0.2% |  |  |
| &nbsp;&nbsp;&nbsp;Qifu Technology ADR | 43343 | 846489 |
| Industrials — 1.4% |  |  |
| &nbsp;&nbsp;&nbsp;Full Truck Alliance ADR | 251637 | 2856080 |
| &nbsp;&nbsp;&nbsp;Kanzhun ADR | 107062 | 2366070 |
|  |  | 5222150 |
| Real Estate — 0.9% |  |  |
| &nbsp;&nbsp;&nbsp;KE Holdings, Cl A | 595300 | 3445363 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **China — continued** |  |  |
| Real Estate — continued |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Phoenix Tree Holdings ADR<sup>(A)</sup>\* | 179833 | $— |
|  |  | 3445363 |
|  |  | 161831910 |
| **Hong Kong — 1.1%** |  |  |
| Financials — 1.1% |  |  |
| &nbsp;&nbsp;&nbsp;Futu Holdings ADR | 25195 | 4274584 |
| **India — 19.7%** |  |  |
| Communication Services — 1.8% |  |  |
| &nbsp;&nbsp;&nbsp;Affle India\* | 33672 | 625236 |
| &nbsp;&nbsp;&nbsp;Info Edge India | 413990 | 6156567 |
|  |  | 6781803 |
| Consumer Discretionary — 6.0% |  |  |
| &nbsp;&nbsp;&nbsp;BrainBees Solutions\* | 135911 | 459634 |
| &nbsp;&nbsp;&nbsp;Eternal\* | 4601226 | 15437300 |
| &nbsp;&nbsp;&nbsp;FSN E-Commerce Ventures\* | 713030 | 2130860 |
| &nbsp;&nbsp;&nbsp;Jubilant Foodworks | 243459 | 1637168 |
| &nbsp;&nbsp;&nbsp;MakeMyTrip\* | 41529 | 2964755 |
|  |  | 22629717 |
| Energy — 5.9% |  |  |
| &nbsp;&nbsp;&nbsp;Reliance Industries | 1265428 | 22175672 |
| Financials — 5.4% |  |  |
| &nbsp;&nbsp;&nbsp;Angel One | 26922 | 813792 |
| &nbsp;&nbsp;&nbsp;Bajaj Finance | 396460 | 4598533 |
| &nbsp;&nbsp;&nbsp;Indian Energy Exchange | 476196 | 741545 |
| &nbsp;&nbsp;&nbsp;Jio Financial Services | 2059139 | 7048921 |
| &nbsp;&nbsp;&nbsp;One 97 Communications\* | 187078 | 2762014 |
| &nbsp;&nbsp;&nbsp;PB Fintech\* | 206889 | 4207053 |
|  |  | 20171858 |
| Information Technology — 0.6% |  |  |
| &nbsp;&nbsp;&nbsp;Swiggy\* | 543774 | 2299781 |
|  |  | 74058831 |
| **Indonesia — 0.6%** |  |  |
| Consumer Discretionary — 0.6% |  |  |
| &nbsp;&nbsp;&nbsp;GoTo Gojek Tokopedia, Cl A\* | 585111500 | 2248402 |
| **Japan — 1.2%** |  |  |
| Communication Services — 1.2% |  |  |
| &nbsp;&nbsp;&nbsp;Nexon | 188000 | 4576815 |

---

**EMQQ**

**T** **he Emerging Markets Internet ETF**

Schedule of Investments

November 30, 2025 (Unaudited) (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Kazakhstan — 1.9%** | **Kazakhstan — 1.9%** |  |
| *Financials — 1.9%* | *Financials — 1.9%* |  |
| &nbsp;&nbsp;&nbsp;Kaspi.KZ JSC ADR | 91543 | $7077189 |
| **Poland — 0.9%** |  |  |
| *Consumer Discretionary — 0.9%* |  |  |
| &nbsp;&nbsp;&nbsp;Allegro.eu\* | 366187 | 3219938 |
| **Russia — 0.0%** |  |  |
| *Communication Services — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;VK GDR<sup>(A)</sup>\* | 117354 | 1174 |
| **Singapore — 5.8%** |  |  |
| *Consumer Discretionary — 3.6%* |  |  |
| &nbsp;&nbsp;&nbsp;Sea ADR\* | 97951 | 13616169 |
| *Industrials — 2.2%* |  |  |
| &nbsp;&nbsp;&nbsp;Grab Holdings, Cl A\* | 1514403 | 8253496 |
|  |  | 21869665 |
| **South Africa — 3.6%** |  |  |
| *Consumer Discretionary — 3.6%* |  |  |
| &nbsp;&nbsp;&nbsp;Naspers, Cl N | 215191 | 13444302 |
| **South Korea — 9.1%** |  |  |
| *Communication Services — 4.7%* |  |  |
| &nbsp;&nbsp;&nbsp;Kakao | 143002 | 5707828 |
| &nbsp;&nbsp;&nbsp;NAVER | 66628 | 11054454 |
| &nbsp;&nbsp;&nbsp;NCSoft | 8092 | 1155489 |
|  |  | 17917771 |
| *Consumer Discretionary — 4.0%* |  |  |
| &nbsp;&nbsp;&nbsp;Coupang, Cl A\* | 454853 | 12808660 |
| &nbsp;&nbsp;&nbsp;Delivery Hero, Cl A\* | 96616 | 2253768 |
|  |  | 15062428 |
| *Financials — 0.4%* |  |  |
| &nbsp;&nbsp;&nbsp;KakaoBank | 99813 | 1469385 |
|  |  | 34449584 |
| **Sweden — 0.1%** |  |  |
| *Information Technology — 0.1%* |  |  |
| &nbsp;&nbsp;&nbsp;Truecaller, Cl B | 142404 | 377459 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $299,881,735) |  | 379207030 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **SHORT-TERM INVESTMENT — 0.0%** | **SHORT-TERM INVESTMENT — 0.0%** | **SHORT-TERM INVESTMENT — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class, 3.91%<sup>(B)</sup> | 161470 | $161470 |
| Total Short-Term Investment |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $161,470) |  | 161470 |
| Total Investments - 100.6% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $300,043,205) |  | $379368500 |

---

Percentages are based on net assets of $377,177,522.<br>

---

| | |
|:---|:---|
| *††* | *Industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting.* |
| *\** | *Non-income producing security.* |
| *(A)* | *The fair value of this investment is determined using significant unobservable inputs.* |
| *(B)* | *The rate shown is the 7-day effective yield as of November 30, 2025.* |

---

*ADR — American Depositary Receipt*

*Cl — Class*

*GDR — Global Depositary Receipt*

*JSC — Joint-Stock Company*

**FMQQ**

**T** **he Next Frontier Internet ETF**

Schedule of Investments

November 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 100.7%** | **COMMON STOCK<sup>††</sup> — 100.7%** | **COMMON STOCK<sup>††</sup> — 100.7%** |
| **Brazil — 25.5%** | **Brazil — 25.5%** |  |
| *Consumer Discretionary — 6.4%* |  |  |
| &nbsp;&nbsp;&nbsp;MercadoLibre\* | 948 | $1964047 |
| *Financials — 19.1%* |  |  |
| &nbsp;&nbsp;&nbsp;Inter | 51076 | 462276 |
| &nbsp;&nbsp;&nbsp;NU Holdings, Cl A\* | 164389 | 2858725 |
| &nbsp;&nbsp;&nbsp;Pagseguro Digital, Cl A | 38535 | 403847 |
| &nbsp;&nbsp;&nbsp;StoneCo, Cl A\* | 48680 | 820258 |
| &nbsp;&nbsp;&nbsp;XP, Cl A | 67087 | 1322285 |
|  |  | 5867391 |
|  |  | 7831438 |
| **India — 43.9%** |  |  |
| *Communication Services — 3.3%* |  |  |
| &nbsp;&nbsp;&nbsp;Affle India\* | 9465 | 175750 |
| &nbsp;&nbsp;&nbsp;Info Edge India | 55400 | 823870 |
|  |  | 999620 |
| *Consumer Discretionary — 12.5%* |  |  |
| &nbsp;&nbsp;&nbsp;BrainBees Solutions\* | 38206 | 129208 |
| &nbsp;&nbsp;&nbsp;Eternal\* | 545352 | 1829678 |
| &nbsp;&nbsp;&nbsp;FSN E-Commerce Ventures\* | 200437 | 598997 |
| &nbsp;&nbsp;&nbsp;Jubilant Foodworks | 68220 | 458753 |
| &nbsp;&nbsp;&nbsp;MakeMyTrip\* | 11653 | 831908 |
|  |  | 3848544 |
| *Energy — 7.8%* |  |  |
| &nbsp;&nbsp;&nbsp;Reliance Industries | 137636 | 2411967 |
| *Financials — 18.2%* |  |  |
| &nbsp;&nbsp;&nbsp;Angel One | 7568 | 228764 |
| &nbsp;&nbsp;&nbsp;Bajaj Finance | 155720 | 1806194 |
| &nbsp;&nbsp;&nbsp;Indian Energy Exchange | 133862 | 208453 |
| &nbsp;&nbsp;&nbsp;Jio Financial Services | 408555 | 1398581 |
| &nbsp;&nbsp;&nbsp;One 97 Communications\* | 52589 | 776422 |
| &nbsp;&nbsp;&nbsp;PB Fintech\* | 58325 | 1186029 |
|  |  | 5604443 |
| *Information Technology — 2.1%* |  |  |
| &nbsp;&nbsp;&nbsp;Swiggy\* | 152858 | 646482 |
|  |  | 13511056 |
| **Indonesia — 2.0%** |  |  |
| *Consumer Discretionary — 2.0%* |  |  |
| &nbsp;&nbsp;&nbsp;GoTo Gojek Tokopedia, Cl A\* | 164477800 | 632038 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Kazakhstan — 4.3%** | **Kazakhstan — 4.3%** |  |
| *Financials — 4.3%* | *Financials — 4.3%* |  |
| &nbsp;&nbsp;&nbsp;Kaspi.KZ JSC ADR | 17136 | $1324784 |
| **Poland — 2.9%** |  |  |
| *Consumer Discretionary — 2.9%* |  |  |
| &nbsp;&nbsp;&nbsp;Allegro.eu\* | 102752 | 903514 |
| **Russia — 0.0%** |  |  |
| *Communication Services — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;VK GDR<sup>(A)</sup>\* | 7810 | 78 |
| **Singapore — 11.0%** |  |  |
| *Consumer Discretionary — 6.0%* |  |  |
| &nbsp;&nbsp;&nbsp;Sea ADR\* | 13258 | 1842995 |
| *Industrials — 5.0%* |  |  |
| &nbsp;&nbsp;&nbsp;Grab Holdings, Cl A\* | 280663 | 1529613 |
|  |  | 3372608 |
| **South Korea — 10.8%** |  |  |
| *Communication Services — 6.0%* |  |  |
| &nbsp;&nbsp;&nbsp;Kakao | 20692 | 825907 |
| &nbsp;&nbsp;&nbsp;NAVER | 5106 | 847152 |
| &nbsp;&nbsp;&nbsp;NCSoft | 1173 | 167497 |
|  |  | 1840556 |
| *Consumer Discretionary — 4.1%* |  |  |
| &nbsp;&nbsp;&nbsp;Coupang, Cl A\* | 32984 | 928829 |
| &nbsp;&nbsp;&nbsp;Delivery Hero, Cl A\* | 14005 | 326696 |
|  |  | 1255525 |
| *Financials — 0.7%* |  |  |
| &nbsp;&nbsp;&nbsp;KakaoBank | 14469 | 213004 |
|  |  | 3309085 |
| **Sweden — 0.3%** |  |  |
| *Information Technology — 0.3%* |  |  |
| &nbsp;&nbsp;&nbsp;Truecaller, Cl B | 40031 | 106107 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $24,417,989) |  | 30990708 |
| Total Investments - 100.7% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $24,417,989) |  | $30990708 |

---

Percentages are based on net assets of $30,763,639.

**FMQQ**

**T** **he Next Frontier Internet ETF**

Schedule of Investments

November 30, 2025 (Unaudited) (Concluded)

---

| | |
|:---|:---|
| *††* | *Industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting.* |
| *\** | *Non-income producing security.* |
| *(A)* | *The fair value of this investment is determined using significant unobservable inputs.* |

---

*ADR — American Depositary Receipt*

*Cl — Class*

*GDR — Global Depositary Receipt*

*JSC — Joint-Stock Company*

EMQ-QH-001-2200

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EXCHANGE TRADED CONCEPTS TRUST

- **b. Investment Company Act file number:** 811-22263

- **c. CIK number of Registrant:** 0001452937

- **d. LEI of Registrant:** 549300TXJW88BSB0KL90

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

  - **Street Address 1:** 10900 HEFNER POINTE DRIVE

  - **City:** OKLAHOMA CITY

  - **State:** OK

  - **Foreign country:** US

  - **Zip / Postal Code:** 73120

  - **Telephone number:** 4057788377

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

- **a. Name of Series:** EMQQ The Emerging Markets Internet ETF

- **b. EDGAR series identifier (if any):** S000047306

- **c. LEI of Series:** 549300ZFP551IO6DFL53

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $379410129.46

**Total Liabilities:** $2214833.23

**Net Assets:** $377195296.23

**Cash Not Reported:** $188761.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000148468 | -5.25%               | -3.10%               | 8.28%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-20714465.51                              |
| Month 2  | $114454.21               | $-12170105.18                              |
| Month 3  | $-8911.20                | $31303874.87                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BAJAJ FINANCE LIMITED                 | BAJAJ FINANCE LTD COMMON STOCK                  | CUSIP: N/A<br>LEI: 335800YTEXC3DO4Z6F68       | Long             | EC               |  | IN        |    396460 | NS      | $4598532.66   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corporation                     | NAVER CORP COMMON STOCK                         | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               |  | KR        |     66628 | NS      | $11054453.47  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| RELIANCE INDUSTRIES LIMITED           | RELIANCE INDUSTRIES LIMITED COMMON STOCK        | CUSIP: Y72596102<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               |  | IN        |   1265428 | NS      | $22175671.65  | 5.88%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | VK CO LTD DEPOSITARY RECEIPT                    | CUSIP: 560317208<br>LEI: N/A                  | Long             | EC               |  | GB        |    117354 | NS      | $1173.54      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd                     | FUTU HOLDINGS LTD-ADR DEPOSITARY RECEIPT        | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               |  | US        |     25195 | NS      | $4274583.70   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro.eu SA                         | ALLEGRO.EU SA COMMON STOCK                      | CUSIP: N/A<br>LEI: 222100VRLXV3FPMG4982       | Long             | EC               |  | PL        |    366187 | NS      | $3219938.36   | 0.85%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ANGEL ONE LIMITED                     | ANGEL ONE LTD COMMON STOCK                      | CUSIP: N/A<br>LEI: 3358003DRK7SFA3Q3214       | Long             | EC               |  | IN        |     26922 | NS      | $813792.49    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXON Co., Ltd.                       | NEXON CO LTD COMMON STOCK                       | CUSIP: N/A<br>LEI: 5299005SFO0GAJFLKN43       | Long             | EC               |  | JP        |    188000 | NS      | $4576815.12   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| XP Inc.                               | XP INC - CLASS A COMMON STOCK                   | CUSIP: G98239109<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               |  | US        |    237969 | NS      | $4690368.99   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JIO FINANCIAL SERVICES LIMITED        | JIO FINANCIAL SERVICES LTD COMMON STOCK         | CUSIP: N/A<br>LEI: 3358003O268Q1OGBQR42       | Long             | EC               |  | IN        |   2059139 | NS      | $7048921.01   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Limited              | TENCENT HOLDINGS LTD COMMON STOCK               | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               |  | HK        |    344300 | NS      | $27042161.17  | 7.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIP.COM GROUP LIMITED                | TRIP.COM GROUP LTD COMMON STOCK                 | CUSIP: N/A<br>LEI: 2549004RMYDSRQL4KW41       | Long             | EC               |  | HK        |    176350 | NS      | $12118173.29  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Truecaller AB                         | TRUECALLER AB-B COMMON STOCK                    | CUSIP: N/A<br>LEI: 549300TEYF1FA5G5GK26       | Long             | EC               |  | SE        |    142404 | NS      | $377459.11    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.COM, INC.                          | JD.COM INC-CLASS A COMMON STOCK                 | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               |  | HK        |    748700 | NS      | $11203189.22  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fsn E-Commerce Ventures Ltd           | FSN E-COMMERCE VENTURES LTD COMMON STOCK        | CUSIP: N/A<br>LEI: 335800X5BJYC18NHDQ91       | Long             | EC               |  | IN        |    713030 | NS      | $2130859.43   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter & Co, Inc.                      | INTER & CO INC - BDR DEPOSITARY RECEIPT         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | BR        |    181697 | NS      | $1644495.23   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Delivery Hero SE                      | DELIVERY HERO SE COMMON STOCK                   | CUSIP: N/A<br>LEI: 529900C3EX1FZGE48X78       | Long             | EC               |  | DE        |     96616 | NS      | $2253767.84   | 0.60%             |  |  |  | Yes           |                  1 | On Loan: No      |
| MakeMyTrip Limited                    | MAKEMYTRIP LTD COMMON STOCK                     | CUSIP: V5633W109<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               |  | US        |     41529 | NS      | $2964755.31   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| PAGSEGURO DIGITAL LTD.                | PAGSEGURO DIGITAL LTD-CL A COMMON STOCK         | CUSIP: G68707101<br>LEI: 391200VY4YW47I4HGH62 | Long             | EC               |  | US        |    136690 | NS      | $1432511.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Holdings Ltd                       | NU HOLDINGS LTD/CAYMAN ISL-A COMMON STOCK       | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               |  | US        |   1307941 | NS      | $22745093.99  | 6.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NCsoft Corporation                    | NCSOFT CORP COMMON STOCK                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | KR        |      8092 | NS      | $1155489.07   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PB Fintech Ltd                        | PB FINTECH LTD COMMON STOCK                     | CUSIP: N/A<br>LEI: 98450083AC6B01HF1F87       | Long             | EC               |  | IN        |    206889 | NS      | $4207053.32   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NETEASE, INC.                         | NETEASE INC COMMON STOCK                        | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               |  | HK        |    500200 | NS      | $13748818.33  | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GoTo Gojek Tokopedia PT Tbk           | GOTO GOJEK TOKOPEDIA TBK PT COMMON STOCK        | CUSIP: N/A<br>LEI: 254900MT2CH1Y5Y7OX69       | Long             | EC               |  | ID        | 585111500 | NS      | $2248402.04   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SEA LIMITED                           | SEA LTD-ADR DEPOSITARY RECEIPT                  | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               |  | US        |     97951 | NS      | $13616168.51  | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Ltd                           | KANZHUN LTD - ADR DEPOSITARY RECEIPT            | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               |  | US        |    107062 | NS      | $2366070.20   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Brainbees Solutions Ltd               | BRAINBEES SOLUTIONS LTD COMMON STOCK            | CUSIP: N/A<br>LEI: 984500FBE5B11U0E8846       | Long             | EC               |  | IN        |    135911 | NS      | $459633.61    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| INFO EDGE (INDIA) LIMITED             | INFO EDGE INDIA LTD COMMON STOCK                | CUSIP: N/A<br>LEI: 335800MXUVHTBF9DEC78       | Long             | EC               |  | IN        |    413990 | NS      | $6156566.68   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiggy Ltd                            | SWIGGY LTD COMMON STOCK                         | CUSIP: N/A<br>LEI: 335800R11DC3QR7KH186       | Long             | EC               |  | IN        |    543774 | NS      | $2299781.48   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Portfolio | Invesco Government & Agency Portfolio           | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             |  | US        |    161470 | PA      | $161470.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT MUSIC ENTERTAINMENT GROUP     | TENCENT MUSIC ENTERTAINM-ADR DEPOSITARY RECEIPT | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               |  | US        |    201431 | NS      | $3716401.95   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                    | MERCADOLIBRE INC COMMON STOCK                   | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               |  | US        |      8853 | NS      | $18341468.34  | 4.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Limited         | ALIBABA GROUP HOLDING LTD COMMON STOCK          | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               |  | HK        |   1412100 | NS      | $27478055.64  | 7.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kakao Corp.                           | KAKAO CORP COMMON STOCK                         | CUSIP: N/A<br>LEI: 988400FTKUBQXKVZP434       | Long             | EC               |  | KR        |    143002 | NS      | $5707828.10   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE 97 COMMUNICATIONS LIMITED         | ONE 97 COMMUNICATIONS LTD COMMON STOCK          | CUSIP: N/A<br>LEI: 335800ZRHU5J6GSTMI23       | Long             | EC               |  | IN        |    187078 | NS      | $2762013.55   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Qfin Holdings, Inc.                   | QFIN HOLDINGS INC-ADR DEPOSITARY RECEIPT        | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               |  | US        |     43343 | NS      | $846488.79    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BILIBILI INC.                         | BILIBILI INC-CLASS Z COMMON STOCK               | CUSIP: N/A<br>LEI: 5493008V60M52L3PIS45       | Long             | EC               |  | HK        |     82440 | NS      | $2185524.04   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Health International Inc           | JD HEALTH INTERNATIONAL INC COMMON STOCK        | CUSIP: N/A<br>LEI: 254900OM3MAXYK8PCC84       | Long             | EC               |  | HK        |    289650 | NS      | $2273121.53   | 0.60%             |  |  |  | Yes           |                  1 | On Loan: No      |
| MEITUAN                               | MEITUAN-CLASS B COMMON STOCK                    | CUSIP: N/A<br>LEI: 21380033K525E5JLIA77       | Long             | EC               |  | HK        |    854700 | NS      | $11252408.29  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| NASPERS LIMITED                       | NASPERS LTD-N SHS COMMON STOCK                  | CUSIP: N/A<br>LEI: 21380044BQ8812EEKT59       | Long             | EC               |  | ZA        |    215191 | NS      | $13444301.94  | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAB HOLDINGS LIMITED                 | GRAB HOLDINGS LTD - CL A COMMON STOCK           | CUSIP: G4124C109<br>LEI: 549300N4VQX83VPJF439 | Long             | EC               |  | US        |   1514403 | NS      | $8253496.35   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Jubilant FoodWorks Limited            | JUBILANT FOODWORKS LTD COMMON STOCK             | CUSIP: N/A<br>LEI: 9845000D3B99893F5B14       | Long             | EC               |  | IN        |    243459 | NS      | $1637168.04   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| VIPSHOP HOLDINGS LIMITED              | VIPSHOP HOLDINGS LTD - ADR DEPOSITARY RECEIPT   | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               |  | US        |    122668 | NS      | $2409199.52   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Affle 3i Ltd                          | AFFLE 3I LTD COMMON STOCK                       | CUSIP: N/A<br>LEI: 335800VOXUF6XMCWSD89       | Long             | EC               |  | IN        |     33672 | NS      | $625236.31    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PHOENIX TREE HOLDINGS LTD             | PHOENIX TREE HOLDINGS LTD DEPOSITARY RECEIPT    | CUSIP: 719156101<br>LEI: N/A                  | Long             | EC               |  | US        |    179833 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: —       |
| Ke Holdings Inc                       | KE HOLDINGS INC-CL A COMMON STOCK               | CUSIP: N/A<br>LEI: 254900RHVY072XPAZE03       | Long             | EC               |  | HK        |    595300 | NS      | $3445362.98   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPANG, INC.                         | COUPANG INC COMMON STOCK                        | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               |  | US        |    454853 | NS      | $12808660.48  | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Eternal Ltd                           | ETERNAL LTD COMMON STOCK                        | CUSIP: N/A<br>LEI: 335800T4VOF9ETHF8W59       | Long             | EC               |  | IN        |   4601226 | NS      | $15437300.34  | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Joint Stock Company Kaspi.kz          | JSC KASPI.KZ ADR DEPOSITARY RECEIPT             | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               |  | US        |     91543 | NS      | $7077189.33   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BAIDU, INC.                           | BAIDU INC-CLASS A COMMON STOCK                  | CUSIP: G07034104<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               |  | HK        |    615300 | NS      | $8993672.93   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc.                     | PDD HOLDINGS INC DEPOSITARY RECEIPT             | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               |  | US        |    198373 | NS      | $23027137.84  | 6.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd            | FULL TRUCK ALLIANCE -SPN ADR DEPOSITARY RECEIPT | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               |  | US        |    251637 | NS      | $2856079.95   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| KUAISHOU TECHNOLOGY                   | KUAISHOU TECHNOLOGY COMMON STOCK                | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               |  | HK        |    788900 | NS      | $6870044.70   | 1.82%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Indian Energy Exchange Ltd            | INDIAN ENERGY EXCHANGE LTD COMMON STOCK         | CUSIP: N/A<br>LEI: 335800JRG8ZOKN1KAE97       | Long             | EC               |  | IN        |    476196 | NS      | $741544.94    | 0.20%             |  |  |  | Yes           |                  1 | On Loan: No      |
| KakaoBank Corp                        | KAKAOBANK CORP COMMON STOCK                     | CUSIP: N/A<br>LEI: 988400VAVCFSK6VF9Q87       | Long             | EC               |  | KR        |     99813 | NS      | $1469385.27   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneCo Ltd.                          | STONECO LTD-A COMMON STOCK                      | CUSIP: G85158106<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               |  | US        |    173486 | NS      | $2923239.10   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** EXCHANGE TRADED CONCEPTS TRUST

**Signature:** Dennis Lowenfels

**Name of Signer:** Dennis Lowenfels

**Title:** CCO