# EDGAR Filing Document

**Accession Number:** 0001849998
**File Stem:** 0001193125-26-020428
**Filing Date:** 2026-1
**Character Count:** 71705
**Document Hash:** 81bbb1eb973ab5a73d3c2b2d5962af46
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-020428.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0001193125-26-020428

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes ETF Trust
- **CENTRAL INDEX KEY:** 0001849998

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23730
- **FILM NUMBER:** 26553602

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086
- **BUSINESS PHONE:** 412-288-1900

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086

## Series and Classes Contracts Data

### Federated Hermes MDT Large Cap Core ETF (Series ID: S000085753)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000251148 | Federated Hermes MDT Large Cap Core ETF | FLCC            |

## Nport-Ex

Federated Hermes MDT Large Cap Core ETF

Portfolio of Investments

November 30, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—99.4% |  |
|  | **Communication Services—10.4%** |  |
| &nbsp;&nbsp; 8210 | Alphabet, Inc., Class A | &nbsp;&nbsp; $2628678 |
| &nbsp;&nbsp; 4907 | Fox Corp. | &nbsp;&nbsp; 321408 |
| &nbsp;&nbsp; 2049 | Meta Platforms, Inc. | &nbsp;&nbsp; 1327650 |
| &nbsp;&nbsp; 3632<br><sup>1</sup> <br>| Netflix, Inc. | &nbsp;&nbsp; 390731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 966<br><sup>1</sup> <br>| Reddit, Inc. | &nbsp;&nbsp; 209110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 734<br><sup>1</sup> <br>| ROBLOX Corp. | &nbsp;&nbsp; 69752 |
| &nbsp;&nbsp; 5322<br><sup>1</sup> <br>| ZoomInfo Technologies, Inc. | &nbsp;&nbsp; 52794 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 5000123 |
|  | **Consumer Discretionary—10.2%** |  |
| 12848 | Advance Auto Parts, Inc. | &nbsp;&nbsp; 666554 |
| &nbsp;&nbsp; 6120<br><sup>1</sup> <br>| Amazon.com, Inc. | &nbsp;&nbsp; 1427307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 457<br><sup>1</sup> <br>| Amer Sports, Inc. | &nbsp;&nbsp; 16969 |
| &nbsp;&nbsp; 2336<br><sup>1</sup> <br>| Deckers Outdoor Corp. | &nbsp;&nbsp; 205638 |
| &nbsp;&nbsp; 1814 | eBay, Inc. | &nbsp;&nbsp; 150181 |
| &nbsp;&nbsp; 1206 | Expedia Group, Inc. | &nbsp;&nbsp; 308362 |
| &nbsp;&nbsp; 1233<br><sup>1</sup> <br>| Five Below, Inc. | &nbsp;&nbsp; 203309 |
| &nbsp;&nbsp; 1275 | General Motors Co. | &nbsp;&nbsp; 93738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 321 | McDonald's Corp. | &nbsp;&nbsp; 100094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 372 | Murphy USA, Inc. | &nbsp;&nbsp; 143246 |
| &nbsp;&nbsp; 1453<br><sup>1</sup> <br>| O'Reilly Automotive, Inc. | &nbsp;&nbsp; 147770 |
| &nbsp;&nbsp; 1270 | PVH Corp. | &nbsp;&nbsp; 107645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 196 | Royal Caribbean Cruises, Ltd. | &nbsp;&nbsp; 52185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 901<br><sup>1</sup> <br>| Tesla, Inc. | &nbsp;&nbsp; 387583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 279 | TJX Cos., Inc. | &nbsp;&nbsp; 42386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 180<br><sup>1</sup> <br>| Ulta Beauty, Inc. | &nbsp;&nbsp; 96989 |
| 11091<br><sup>1</sup> <br>| Viking Holdings Ltd. | &nbsp;&nbsp; 740657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 242 | Yum! Brands, Inc. | &nbsp;&nbsp; 37077 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 4927690 |
|  | **Consumer Staples—5.6%** |  |
| &nbsp;&nbsp; 2325 | Colgate-Palmolive Co. | &nbsp;&nbsp; 186907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 817 | Costco Wholesale Corp. | &nbsp;&nbsp; 746403 |
| &nbsp;&nbsp; 1792<br><sup>1</sup> <br>| Dollar Tree, Inc. | &nbsp;&nbsp; 198572 |
| &nbsp;&nbsp; 2035 | Kimberly-Clark Corp. | &nbsp;&nbsp; 222059 |
| &nbsp;&nbsp; 1667 | Kroger Co. | &nbsp;&nbsp; 112156 |
| &nbsp;&nbsp; 8636<br><sup>1</sup> <br>| Maplebear, Inc. | &nbsp;&nbsp; 362798 |
| &nbsp;&nbsp; 3759 | Philip Morris International, Inc. | &nbsp;&nbsp; 591967 |
| &nbsp;&nbsp; 2532 | WalMart Inc. | &nbsp;&nbsp; 279811 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 2700673 |
|  | **Energy—1.9%** |  |
| &nbsp;&nbsp; 1702 | Cheniere Energy, Inc. | &nbsp;&nbsp; 354799 |
| &nbsp;&nbsp; 1845 | EOG Resources, Inc. | &nbsp;&nbsp; 198983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 295 | Expand Energy Corp. | &nbsp;&nbsp; 35969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 142 | Marathon Petroleum Corp. | &nbsp;&nbsp; 27510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 935 | Targa Resources, Inc. | &nbsp;&nbsp; 163915 |
| &nbsp;&nbsp; 1347 | Weatherford International PLC | &nbsp;&nbsp; 100756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 722 | Williams Cos., Inc. | &nbsp;&nbsp; 43991 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 925923 |

---

**1**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Financials—14.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6 | Aflac, Inc. | &nbsp;&nbsp; $662 |
| &nbsp;&nbsp; 1561 | Ameriprise Financial, Inc. | &nbsp;&nbsp; 711410 |
| &nbsp;&nbsp; 1062<br><sup>1</sup> <br>| Arch Capital Group Ltd. | &nbsp;&nbsp; 99743 |
| &nbsp;&nbsp; 7006 | Bank of New York Mellon Corp. | &nbsp;&nbsp; 785373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 384 | Cboe Global Markets, Inc. | &nbsp;&nbsp; 99137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 212 | Charles Schwab Corp. | &nbsp;&nbsp; 19659 |
| &nbsp;&nbsp; 7577<br><sup>1</sup> <br>| Fiserv, Inc. | &nbsp;&nbsp; 465758 |
| &nbsp;&nbsp; 3904 | Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp; 253838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 739 | Mastercard, Inc. | &nbsp;&nbsp; 406842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92 | MSCI, Inc., Class A | &nbsp;&nbsp; 51862 |
| &nbsp;&nbsp; 4226 | Northern Trust Corp. | &nbsp;&nbsp; 555043 |
| &nbsp;&nbsp; 1967<br><sup>1</sup> <br>| PayPal Holdings, Inc. | &nbsp;&nbsp; 123311 |
| &nbsp;&nbsp; 1382 | Progressive Corp., OH | &nbsp;&nbsp; 316188 |
| &nbsp;&nbsp; 6314 | Prudential Financial, Inc. | &nbsp;&nbsp; 683490 |
| &nbsp;&nbsp; 6648 | State Street Corp. | &nbsp;&nbsp; 791245 |
| &nbsp;&nbsp; 3458 | Synchrony Financial | &nbsp;&nbsp; 267511 |
| &nbsp;&nbsp; 1001 | The Hartford Insurance Group, Inc. | &nbsp;&nbsp; 137167 |
| &nbsp;&nbsp; 2432 | The Travelers Cos., Inc. | &nbsp;&nbsp; 712236 |
| &nbsp;&nbsp; 2697 | Virtu Financial, Inc. | &nbsp;&nbsp; 96445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 737 | Visa, Inc., Class A | &nbsp;&nbsp; 246482 |
| &nbsp;&nbsp; 5313 | Western Union Co. | &nbsp;&nbsp; 46701 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 6870103 |
|  | **Health Care—10.8%** |  |
| &nbsp;&nbsp; 4366 | AbbVie, Inc. | &nbsp;&nbsp; 994138 |
| &nbsp;&nbsp; 1286<br><sup>1</sup> <br>| Align Technology, Inc. | &nbsp;&nbsp; 189286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 158<br><sup>1</sup> <br>| Alnylam Pharmaceuticals, Inc. | &nbsp;&nbsp; 71294 |
| &nbsp;&nbsp; 1718 | Amgen, Inc. | &nbsp;&nbsp; 593500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 592<br><sup>1</sup> <br>| Biogen, Inc. | &nbsp;&nbsp; 107797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 945 | Cardinal Health, Inc. | &nbsp;&nbsp; 200586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 959 | Cencora, Inc. | &nbsp;&nbsp; 353804 |
| &nbsp;&nbsp; 4097<br><sup>1</sup> <br>| Dexcom, Inc. | &nbsp;&nbsp; 260037 |
| 15100<br><sup>1</sup> <br>| Elanco Animal Health, Inc. | &nbsp;&nbsp; 351377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 232 | Eli Lilly & Co. | &nbsp;&nbsp; 249509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 450 | Gilead Sciences, Inc. | &nbsp;&nbsp; 56628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 708 | Humana, Inc. | &nbsp;&nbsp; 174005 |
| &nbsp;&nbsp; 2840<br><sup>1</sup> <br>| Illumina, Inc. | &nbsp;&nbsp; 373318 |
| &nbsp;&nbsp; 3165<br><sup>1</sup> <br>| Incyte Genomics, Inc. | &nbsp;&nbsp; 330616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 653 | Johnson & Johnson | &nbsp;&nbsp; 135119 |
| &nbsp;&nbsp; 6656<br><sup>1</sup> <br>| Moderna, Inc. | &nbsp;&nbsp; 172923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 577 | Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp; 450170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 306 | Teleflex, Inc. | &nbsp;&nbsp; 35012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 185<br><sup>1</sup> <br>| Vertex Pharmaceuticals, Inc. | &nbsp;&nbsp; 80218 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 5179337 |
|  | **Industrials—8.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 586 | Allegion PLC | &nbsp;&nbsp; 97294 |
| &nbsp;&nbsp; 2493 | Allison Transmission Holdings, Inc. | &nbsp;&nbsp; 221029 |
| &nbsp;&nbsp; 1329 | Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp; 110918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 222 | Curtiss-Wright Corp. | &nbsp;&nbsp; 125272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 898 | Emerson Electric Co. | &nbsp;&nbsp; 119775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 685 | GE Aerospace | &nbsp;&nbsp; 204438 |
| &nbsp;&nbsp; 2023 | GE Vernova, Inc. | &nbsp;&nbsp; 1213335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 294 | Lennox International, Inc. | &nbsp;&nbsp; 146668 |

---

**2**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Industrials—continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 181 | Lockheed Martin Corp. | &nbsp;&nbsp; $82873 |
| &nbsp;&nbsp; 1045 | Manpower, Inc. | &nbsp;&nbsp; 30054 |
| &nbsp;&nbsp; 1419 | Masco Corp. | &nbsp;&nbsp; 92051 |
| &nbsp;&nbsp; 1041 | Paycom Software, Inc. | &nbsp;&nbsp; 167778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 441 | Ryder System, Inc. | &nbsp;&nbsp; 76386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 510 | Trane Technologies PLC | &nbsp;&nbsp; 214955 |
| &nbsp;&nbsp; 3915<br><sup>1</sup> <br>| Uber Technologies, Inc. | &nbsp;&nbsp; 342719 |
| &nbsp;&nbsp; 1087<br><sup>1</sup> <br>| United Airlines Holdings, Inc. | &nbsp;&nbsp; 110831 |
| &nbsp;&nbsp; 8143 | Veralto Corp. | &nbsp;&nbsp; 824234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 296 | Vertiv Holdings Co. | &nbsp;&nbsp; 53200 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 4233810 |
|  | **Information Technology—32.6%** |  |
| &nbsp;&nbsp; 1335 | Accenture PLC | &nbsp;&nbsp; 333750 |
| &nbsp;&nbsp; 3588<br><sup>1</sup> <br>| Adobe, Inc. | &nbsp;&nbsp; 1148626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 414 | Amphenol Corp., Class A | &nbsp;&nbsp; 58333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 206 | Analog Devices, Inc. | &nbsp;&nbsp; 54660 |
| &nbsp;&nbsp; 9236 | Apple, Inc. | &nbsp;&nbsp; 2575459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57<br><sup>1</sup> <br>| AppLovin Corp. | &nbsp;&nbsp; 34170 |
| &nbsp;&nbsp; 1570<br><sup>1</sup> <br>| Arista Networks, Inc. | &nbsp;&nbsp; 205168 |
| &nbsp;&nbsp; 4239 | Broadcom, Inc. | &nbsp;&nbsp; 1708147 |
| &nbsp;&nbsp; 1530<br><sup>1</sup> <br>| Cirrus Logic, Inc. | &nbsp;&nbsp; 184120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 385 | Dell Technologies, Inc. | &nbsp;&nbsp; 51340 |
| &nbsp;&nbsp; 4458<br><sup>1</sup> <br>| DXC Technology Co. | &nbsp;&nbsp; 58846 |
| &nbsp;&nbsp; 3227<br><sup>1</sup> <br>| Enphase Energy, Inc. | &nbsp;&nbsp; 93099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 474<br><sup>1</sup> <br>| EPAM Systems, Inc. | &nbsp;&nbsp; 88638 |
| &nbsp;&nbsp; 2585<br><sup>1</sup> <br>| GoDaddy, Inc. | &nbsp;&nbsp; 330518 |
| &nbsp;&nbsp; 3924 | Hewlett Packard Enterprise Co. | &nbsp;&nbsp; 85818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75<br><sup>1</sup> <br>| HubSpot, Inc. | &nbsp;&nbsp; 27549 |
| &nbsp;&nbsp; 1494<br><sup>1</sup> <br>| Kyndryl Holdings, Inc. | &nbsp;&nbsp; 38590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 156<br><sup>1</sup> <br>| Lumentum Holdings, Inc. | &nbsp;&nbsp; 50725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 723 | Micron Technology, Inc. | &nbsp;&nbsp; 170975 |
| &nbsp;&nbsp; 6499 | Microsoft Corp. | &nbsp;&nbsp; 3197573 |
| &nbsp;&nbsp; 2692 | NetApp, Inc. | &nbsp;&nbsp; 300320 |
| &nbsp;&nbsp; 9637<br><sup>1</sup> <br>| Nutanix, Inc. | &nbsp;&nbsp; 460649 |
| 13349 | NVIDIA Corp. | &nbsp;&nbsp; 2362773 |
| &nbsp;&nbsp; 4160<br><sup>1</sup> <br>| Palantir Technologies, Inc. | &nbsp;&nbsp; 700752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 884<br><sup>1</sup> <br>| Palo Alto Networks, Inc. | &nbsp;&nbsp; 168075 |
| &nbsp;&nbsp; 2137 | Pegasystems, Inc. | &nbsp;&nbsp; 117043 |
| &nbsp;&nbsp; 1114<br><sup>1</sup> <br>| Qorvo, Inc. | &nbsp;&nbsp; 95681 |
| &nbsp;&nbsp; 1304 | Qualcomm, Inc. | &nbsp;&nbsp; 219189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 809<br><sup>1</sup> <br>| Rubrik, Inc. | &nbsp;&nbsp; 56080 |
| &nbsp;&nbsp; 1289 | Salesforce, Inc. | &nbsp;&nbsp; 297166 |
| &nbsp;&nbsp; 2211 | Skyworks Solutions, Inc. | &nbsp;&nbsp; 145815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 154 | Western Digital Corp. | &nbsp;&nbsp; 25153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 970<br><sup>1</sup> <br>| Zscaler, Inc. | &nbsp;&nbsp; 243955 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp; 15688755 |
|  | **Materials—2.4%** |  |
| &nbsp;&nbsp; 1241 | Alcoa Corp. | &nbsp;&nbsp; 51799 |
| &nbsp;&nbsp; 2195<br><sup>1</sup> <br>| Axalta Coating Systems Ltd. | &nbsp;&nbsp; 66136 |
| 11512 | Celanese Corp. | &nbsp;&nbsp; 479475 |
| &nbsp;&nbsp; 1515 | FMC Corp. | &nbsp;&nbsp; 21649 |
| &nbsp;&nbsp; 1619 | Mosaic Co./The | &nbsp;&nbsp; 39649 |

---

**3**

------

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
|  | COMMON STOCKS—continued |  |
|  | **Materials—continued** |  |
| &nbsp;&nbsp; 3113 | Newmont Corp. | &nbsp;&nbsp; $282443 |
| &nbsp;&nbsp; 1217 | PPG Industries, Inc. | &nbsp;&nbsp; 121749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 417 | Steel Dynamics, Inc. | &nbsp;&nbsp; 69985 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp; 1132885 |
|  | **Real Estate—1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 443<br><sup>1</sup> <br>| CBRE Group, Inc. | &nbsp;&nbsp; 71691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 849 | Gaming and Leisure Properties, Inc. | &nbsp;&nbsp; 36957 |
| &nbsp;&nbsp; 9761 | Kilroy Realty Corp. | &nbsp;&nbsp; 418649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 143 | Simon Property Group, Inc. | &nbsp;&nbsp; 26644 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 553941 |
|  | **Utilities—1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 195 | American Electric Power Co., Inc. | &nbsp;&nbsp; 24135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 565 | DTE Energy Co. | &nbsp;&nbsp; 77422 |
| &nbsp;&nbsp; 1181 | Duke Energy Corp. | &nbsp;&nbsp; 146373 |
| &nbsp;&nbsp; 4436 | Edison International | &nbsp;&nbsp; 261236 |
| &nbsp;&nbsp; 1265 | Exelon Corp. | &nbsp;&nbsp; 59607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 604 | WEC Energy Group, Inc. | &nbsp;&nbsp; 67690 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 636463 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENT IN SECURITIES—99.4% <br>(IDENTIFIED COST $46,188,003)<br>| &nbsp;&nbsp; 47849703 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; OTHER ASSETS AND LIABILITIES - NET—0.6%<sup>2</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265460 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; NET ASSETS—100% | &nbsp;&nbsp; $48115163 |

---

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

1 *Non-income-producing security.* <br> 2 *Assets, other than investments in securities, less liabilities.*

Note: The categories of investments are shown as a percentage of net assets at November 30, 2025.

**Investment Valuation** 

In calculating its net asset value (NAV), the Fund generally values investments as follows:

■ Equity securities or ETFs listed on an exchange or traded through a regulated market system are valued at their last reported sale price or official closing price in their principal exchange or market.

■ Shares of other mutual funds or non-exchange-traded investment companies are valued based upon their reported NAVs, or NAV per share practical expedient, as applicable.

■ For securities that are fair valued in accordance with procedures established by and under the general supervision of Federated MDTA LLC (the "Adviser"), certain factors may be considered, such as: the last traded or purchase price of the security, information obtained by contacting the issuer or dealers, analysis of the issuer's financial statements or other available documents, fundamental analytical data, the nature and duration of restrictions on disposition, the movement of the market in which the security is normally traded, public trading in similar securities or derivative contracts of the issuer or comparable issuers, movement of a relevant index, or other factors including but not limited to industry changes and relevant government actions.

If any price, quotation, price evaluation or other pricing source is not readily available when the NAV is calculated, if the Fund cannot obtain price evaluations from a pricing service or from more than one dealer for an investment within a reasonable period of time as set forth in the Adviser's valuation policies and procedures for the Fund, or if information furnished by a pricing service, in the opinion of the Adviser's valuation committee ("Valuation Committee") is deemed not representative of the fair value of such security, the Fund uses the fair value of the investment determined in accordance with the procedures described below. There can be no assurance that the Fund could obtain the fair value assigned to an investment if it sold the investment at approximately the time at which the Fund determines its NAV per share, and the actual value obtained could be materially different. The trading prices of the Fund's shares listed on its exchange may differ from the Fund's NAV and will normally be affected by market forces, such as supply and demand, economic conditions, the market value of the Fund's disclosed portfolio holdings and other factors. As a result, trading prices may be lower, higher or the same as the Fund's NAV; and investors may pay more than NAV when buying shares and receive less than NAV when selling shares through the exchange.

**Fair Valuation and Significant Events Procedures** 

Pursuant to Rule 2a-5 under the Investment Company Act of 1940, the Fund's Board of Trustees (the "Trustees") has designated the Adviser as the Fund's valuation designee to perform any fair value determinations for securities and other assets held by the Fund. The Adviser is subject to the Trustees' oversight and certain reporting and other requirements intended to provide the Trustees the information needed to oversee the Adviser's fair value determinations.

**4**

------

The Adviser, acting through its Valuation Committee, is responsible for determining the fair value of investments for which market quotations are not readily available. The Valuation Committee is comprised of officers of the Adviser and certain of the Adviser's affiliated companies and determines fair value and oversees the calculation of the NAV. The Valuation Committee is also authorized to use pricing services to provide fair value evaluations of the current value of certain investments for purposes of calculating the NAV. The Valuation Committee employs various methods for reviewing third-party pricing-service evaluations including periodic reviews of third-party pricing services' policies, procedures and valuation methods (including key inputs, methods, models and assumptions), transactional back-testing, comparisons of evaluations of different pricing services, and review of price challenges by the Adviser based on recent market activity. In the event that market quotations and price evaluations are not available for an investment, the Valuation Committee determines the fair value of the investment in accordance with procedures adopted by the Adviser. The Trustees periodically review the fair valuations made by the Valuation Committee. The Trustees have also approved the Adviser's fair valuation and significant events procedures as part of the Fund's compliance program and will review any changes made to the procedures.

Factors considered by pricing services in evaluating an investment include the yields or prices of investments of comparable quality, coupon, maturity, call rights and other potential prepayments, terms and type, reported transactions, indications as to values from dealers and general market conditions. Some pricing services provide a single price evaluation reflecting the bid-side of the market for an investment (a "bid" evaluation). Other pricing services offer both bid evaluations and price evaluations indicative of a price between the prices bid and ask for the investment (a "mid" evaluation). The Fund normally uses bid evaluations for any U.S. Treasury and Agency securities, mortgage-backed securities and municipal securities. The Fund normally uses mid evaluations for any other types of fixed-income securities and any OTC derivative contracts. In the event that market quotations and price evaluations are not available for an investment, the fair value of the investment is determined in accordance with procedures adopted by the Adviser.

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below:

Level 1—quoted prices in active markets for identical securities.

Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Also includes securities valued at amortized cost.

Level 3—significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

As of November 30, 2025, all investments of the Fund utilized Level 1 inputs in valuing the Fund's assets carried at fair value.

**5**

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes ETF Trust

- **b. Investment Company Act file number:** 811-23730

- **c. CIK number of Registrant:** 0001849998

- **d. LEI of Registrant:** 2549000FKW49U2D1SG36

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 800-341-7400

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

- **a. Name of Series:** Federated Hermes MDT Large Cap Core ETF

- **b. EDGAR series identifier (if any):** S000085753

- **c. LEI of Series:** 254900W9RVDGP6Y9VG45

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

- **a. Date of fiscal year-end:** 2026-02-28

- **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:** $48126928.81

**Total Liabilities:** $11765.99

**Net Assets:** $48115162.82

**Cash Not Reported:** $244641.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251148 | 2.01%                | 0.56%                | 0.53%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $145774.20               | $932368.09                                 |
| Month 2  | $758585.84               | $-470420.87                                |
| Month 3  | $1081579.02              | $-979787.58                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cardinal Health Inc            | Cardinal Health Inc                       | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       945 | NS      | $200585.70    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                    | GoDaddy Inc                               | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      2585 | NS      | $330518.10    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      8210 | NS      | $2628677.80   | 5.46%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                              | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      1304 | NS      | $219189.36    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc              | Expedia Group Inc                         | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1206 | NS      | $308362.14    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In | Philip Morris International Inc           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      3759 | NS      | $591967.32    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                | Yum! Brands Inc                           | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |       242 | NS      | $37076.82     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                   | Teleflex Inc                              | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |       306 | NS      | $35012.52     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc             | Enphase Energy Inc                        | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      3227 | NS      | $93098.95     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                     | NetApp Inc                                | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      2692 | NS      | $300319.52    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                                 | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      1718 | NS      | $593500.28    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc    | Alnylam Pharmaceuticals Inc               | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |       158 | NS      | $71294.34     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp             | Kilroy Realty Corp                        | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |      9761 | NS      | $418649.29    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc              | ManpowerGroup Inc                         | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |      1045 | NS      | $30054.20     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Inc       | Elanco Animal Health Inc                  | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |     15100 | NS      | $351377.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      2532 | NS      | $279811.32    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                     | Fiserv Inc                                | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      7577 | NS      | $465758.19    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc          | Dell Technologies Inc                     | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |       385 | NS      | $51339.75     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc             | Steel Dynamics Inc                        | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |       417 | NS      | $69985.11     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                 | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      4160 | NS      | $700752.00    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                       | PVH Corp                                  | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |      1270 | NS      | $107645.20    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings  | Allison Transmission Holdings Inc         | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      2493 | NS      | $221029.38    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                       | FMC Corp                                  | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |      1515 | NS      | $21649.35     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Co | Booz Allen Hamilton Holding Corp          | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |      1329 | NS      | $110918.34    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp            | Curtiss-Wright Corp                       | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |       222 | NS      | $125272.38    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                             | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |        57 | NS      | $34170.36     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc         | Skyworks Solutions Inc                    | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |      2211 | NS      | $145815.45    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co           | Colgate-Palmolive Co                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      2325 | NS      | $186906.75    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                      | Aflac Inc                                 | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |         6 | NS      | $661.86       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                        | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |       296 | NS      | $53200.08     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co  | Hewlett Packard Enterprise Co             | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |      3924 | NS      | $85817.88     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                    | Zscaler Inc                               | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |       970 | NS      | $243955.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       722 | NS      | $43991.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                       | MSCI Inc                                  | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |        92 | NS      | $51862.24     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The          | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      7006 | NS      | $785372.60    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp           | Targa Resources Corp                      | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |       935 | NS      | $163914.85    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co            | Emerson Electric Co                       | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       898 | NS      | $119775.24    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                     | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       723 | NS      | $170975.04    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp                     | Alcoa Corp                                | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |      1241 | NS      | $51799.34     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp        | Marathon Petroleum Corp                   | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |       142 | NS      | $27509.66     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       901 | NS      | $387583.17    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                    | ROBLOX Corp                               | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       734 | NS      | $69752.02     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                     | Humana Inc                                | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       708 | NS      | $174005.16    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |       414 | NS      | $58332.60     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                             | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      1335 | NS      | $333750.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc            | PayPal Holdings Inc                       | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      1967 | NS      | $123311.23    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                 | CBRE Group Inc                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |       443 | NS      | $71690.69     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC  | Weatherford International PLC             | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |      1347 | NS      | $100755.60    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      6499 | NS      | $3197572.99   | 6.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                            | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      2023 | NS      | $1213334.71   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc       | Ameriprise Financial Inc                  | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      1561 | NS      | $711410.14    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       450 | NS      | $56628.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                         | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      1845 | NS      | $198983.25    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceuticals Inc             | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       577 | NS      | $450169.63    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co              | General Motors Co                         | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      1275 | NS      | $93738.00     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                    | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |       884 | NS      | $168074.92    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                | Pegasystems Inc                           | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |      2137 | NS      | $117043.49    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc               | EPAM Systems Inc                          | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |       474 | NS      | $88638.00     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc | American Electric Power Co Inc            | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |       195 | NS      | $24135.15     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                           | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       321 | NS      | $100094.22    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                 | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      3588 | NS      | $1148626.44   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      4366 | NS      | $994138.20    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | MasterCard, Inc. Class A                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       739 | NS      | $406841.67    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial            | Synchrony Financial                       | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      3458 | NS      | $267510.88    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc        | Cboe Global Markets Inc                   | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |       384 | NS      | $99137.28     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                | Ulta Beauty Inc                           | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       180 | NS      | $96989.40     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp           | Lockheed Martin Corp                      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       181 | NS      | $82872.66     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                       | Fox Corp                                  | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      4907 | NS      | $321408.50    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc           | Kyndryl Holdings Inc                      | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |      1494 | NS      | $38590.02     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       817 | NS      | $746403.03    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                    | HubSpot Inc                               | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |        75 | NS      | $27549.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                    | Moderna Inc                               | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |      6656 | NS      | $172922.88    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc           | WEC Energy Group Inc                      | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |       604 | NS      | $67690.28     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd            | Viking Holdings Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     11091 | NS      | $740656.98    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial Inc            | Virtu Financial Inc                       | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |      2697 | NS      | $96444.72     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                     | Masco Corp                                | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |      1419 | NS      | $92050.53     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                  | Kroger Co/The                             | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      1667 | NS      | $112155.76    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                         | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       653 | NS      | $135118.76    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc             | Analog Devices Inc                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       206 | NS      | $54660.04     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                              | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      3113 | NS      | $282442.49    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |       279 | NS      | $42385.68     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | ELI LILLY & CO                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       232 | NS      | $249509.04    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc               | Cirrus Logic Inc                          | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      1530 | NS      | $184120.20    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc               | Ryder System Inc                          | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |       441 | NS      | $76385.61     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc  | Interactive Brokers Group Inc             | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      3904 | NS      | $253838.08    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                     | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      3915 | NS      | $342719.10    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                   | Illumina Inc                              | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |      2840 | NS      | $373318.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                       | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      1570 | NS      | $205167.60    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties  | Gaming and Leisure Properties Inc         | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |       849 | NS      | $36956.97     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                    | Incyte Corp                               | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      3165 | NS      | $330615.90    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T | Hartford Financial Services Group Inc/The | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      1001 | NS      | $137167.03    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc          | Lumentum Holdings Inc                     | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |       156 | NS      | $50724.96     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                  | DTE Energy Co                             | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |       565 | NS      | $77421.95     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      3632 | NS      | $390730.56    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc   | United Airlines Holdings Inc              | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      1087 | NS      | $110830.52    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                   | Veralto Corp                              | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      8143 | NS      | $824234.46    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd     | Axalta Coating Systems Ltd                | CUSIP: 000000000<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | US        |      2195 | NS      | $66135.35     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp           | Deckers Outdoor Corp                      | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      2336 | NS      | $205638.08    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc           | Align Technology Inc                      | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |      1286 | NS      | $189286.34    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                      | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |       154 | NS      | $25152.82     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                      | Qorvo Inc                                 | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      1114 | NS      | $95681.46     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc                 | Murphy USA Inc                            | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |       372 | NS      | $143246.04    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                          | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1181 | NS      | $146373.14    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                | Dollar Tree Inc                           | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      1792 | NS      | $198571.52    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                     | DexCom Inc                                | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      4097 | NS      | $260036.59    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The           | Western Union Co/The                      | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |      5313 | NS      | $46701.27     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports Inc                | Amer Sports Inc                           | CUSIP: 000000000<br>LEI: 391200YCSWTRD1J21867 | Long             | EC               | CORP              | FI        |       457 | NS      | $16968.41     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp                  | Celanese Corp                             | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |     11512 | NS      | $479474.80    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       737 | NS      | $246482.28    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc         | Advance Auto Parts Inc                    | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     12848 | NS      | $666554.24    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International           | Edison International                      | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      4436 | NS      | $261236.04    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      6120 | NS      | $1427306.40   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp            | Kimberly-Clark Corp                       | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |      2035 | NS      | $222059.20    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc       | Prudential Financial Inc                  | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |      6314 | NS      | $683490.50    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp              | State Street Corp                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      6648 | NS      | $791244.96    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                 | Five Below Inc                            | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |      1233 | NS      | $203309.37    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd         | Arch Capital Group Ltd                    | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |      1062 | NS      | $99743.04     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                      | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      1382 | NS      | $316187.78    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp            | Northern Trust Corp                       | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      4226 | NS      | $555042.84    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd    | Royal Caribbean Cruises Ltd               | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |       196 | NS      | $52185.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                     | Reddit Inc                                | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       966 | NS      | $209110.02    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp             | Expand Energy Corp                        | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |       295 | NS      | $35969.35     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc            | Cheniere Energy Inc                       | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1702 | NS      | $354798.92    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc       | Simon Property Group Inc                  | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |       143 | NS      | $26643.76     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     13349 | NS      | $2362773.00   | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc            | Paycom Software Inc                       | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      1041 | NS      | $167777.97    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc       | Lennox International Inc                  | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |       294 | NS      | $146667.78    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2049 | NS      | $1327649.55   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                   | Allegion PLC                              | CUSIP: 000000000<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |       586 | NS      | $97293.58     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The          | Travelers Cos Inc/The                     | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      2432 | NS      | $712235.52    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                    | Nutanix Inc                               | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |      9637 | NS      | $460648.60    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                     | Biogen Inc                                | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |       592 | NS      | $107797.28    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      9236 | NS      | $2575458.60   | 5.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies PLC                    | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       510 | NS      | $214954.80    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc             | PPG Industries Inc                        | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |      1217 | NS      | $121748.68    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies Inc      | ZoomInfo Technologies Inc                 | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |      5322 | NS      | $52794.24     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |       212 | NS      | $19658.76     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |       685 | NS      | $204438.25    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive Inc                   | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      1453 | NS      | $147770.10    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                    | Exelon Corp                               | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |      1265 | NS      | $59606.80     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik Inc                     | Rubrik Inc                                | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |       809 | NS      | $56079.88     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | AmerisourceBergen Corp                    | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |       959 | NS      | $353803.87    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                  | Mosaic Co/The                             | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |      1619 | NS      | $39649.31     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                       | eBay Inc                                  | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      1814 | NS      | $150181.06    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | salesforce.com Inc                        | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1289 | NS      | $297166.06    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      4239 | NS      | $1708147.44   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co              | DXC Technology Co                         | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |      4458 | NS      | $58845.60     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       185 | NS      | $80217.85     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                  | Maplebear Inc                             | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8636 | NS      | $362798.36    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-23

**Name of Applicant:** Federated Hermes ETF Trust

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes ETF Trust

**Title:** Chief Compliance Officer