# EDGAR Filing Document

**Accession Number:** 0001378872
**File Stem:** 0001378872-26-000601
**Filing Date:** 2026-4
**Character Count:** 176231
**Document Hash:** 791a333c3103ce2e2b8518ae487f1d94
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001378872-26-000601.hdr.sgml**: 20260401

**ACCESSION NUMBER**: 0001378872-26-000601

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260401

**DATE AS OF CHANGE**: 20260401

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Fund Trust II
- **CENTRAL INDEX KEY:** 0001378872

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21977
- **FILM NUMBER:** 26825644

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust II
- **DATE OF NAME CHANGE:** 20070919

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Global Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20061023

## Series and Classes Contracts Data

### Invesco S&P Emerging Markets Low Volatility ETF (Series ID: S000034749)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000106972 | Invesco S&P Emerging Markets Low Volatility ETF | EELV            |

## Nport-Ex

Schedule of Investments

**Invesco S&P Emerging Markets Low Volatility ETF (EELV)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.52%** | **Common Stocks & Other Equity Interests-99.52%** | **Common Stocks & Other Equity Interests-99.52%** |
| **Brazil-10.41%** | **Brazil-10.41%** | **Brazil-10.41%** |
| Ambev S.A. | 732186 | &nbsp;&nbsp; $2076756 |
| AXIA Energia | 160600 | &nbsp;&nbsp; 1667795 |
| Banco Santander Brasil S.A., Series CPO | 285600 | &nbsp;&nbsp; 1981261 |
| BB Seguridade Participacoes S.A. | 316000 | &nbsp;&nbsp; 2251905 |
| Caixa Seguridade Participacoes S.A. | 627401 | &nbsp;&nbsp; 2074340 |
| &nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de Sao <br> Paulo SABESP<br>| 71116 | &nbsp;&nbsp; 1918232 |
| &nbsp;&nbsp;&nbsp; Cia Energetica de Minas Gerais, Preference <br> Shares<br>| 910200 | &nbsp;&nbsp; 1995797 |
| Cia Paranaense de Energia | 819100 | &nbsp;&nbsp; 2062006 |
| CPFL Energia S.A. | 243000 | &nbsp;&nbsp; 2388437 |
| ENGIE Brasil Energia S.A. | 348340 | &nbsp;&nbsp; 2180306 |
| Equatorial S.A. | 270200 | &nbsp;&nbsp; 2111829 |
| &nbsp;&nbsp;&nbsp; Itau Unibanco Holding S.A., Preference <br> Shares<br>| 298536 | &nbsp;&nbsp; 2594455 |
| Itausa S.A., Preference Shares | 947492 | &nbsp;&nbsp; 2472088 |
| Klabin S.A. | 607104 | &nbsp;&nbsp; 2221754 |
| Motiva Infraestrutura de Mobilidade S.A. | 612800 | &nbsp;&nbsp; 1961690 |
| Neoenergia S.A. | 290100 | &nbsp;&nbsp; 1795273 |
| Petroleo Brasileiro S.A., Preference Shares | 319100 | &nbsp;&nbsp; 2301423 |
| Porto Seguro S.A. | 195200 | &nbsp;&nbsp; 1873127 |
| Suzano S.A. | 217700 | &nbsp;&nbsp; 2051196 |
| Telefonica Brasil S.A. | 285280 | &nbsp;&nbsp; 2036800 |
| TIM S.A. | 397900 | &nbsp;&nbsp; 1863512 |
| Vale S.A. | 141200 | &nbsp;&nbsp; 2274066 |
|  |  | &nbsp;&nbsp; 46154048 |
| **Chile-5.54%** | **Chile-5.54%** | **Chile-5.54%** |
| Banco de Chile | 12069796 | &nbsp;&nbsp; 2691410 |
| Banco de Credito e Inversiones S.A. | 31122 | &nbsp;&nbsp; 2341290 |
| Banco Santander Chile | 31009480 | &nbsp;&nbsp; 2760985 |
| Cencosud S.A. | 575394 | &nbsp;&nbsp; 1949058 |
| &nbsp;&nbsp;&nbsp; Embotelladora Andina S.A., Class B, <br> Preference Shares<br>| 390424 | &nbsp;&nbsp; 2076047 |
| Empresas CMPC S.A. | 1121078 | &nbsp;&nbsp; 1701345 |
| Empresas COPEC S.A. | 255258 | &nbsp;&nbsp; 2202700 |
| Enel Americas S.A. | 21913944 | &nbsp;&nbsp; 2094225 |
| Enel Chile S.A. | 27493208 | &nbsp;&nbsp; 2359539 |
| Falabella S.A. | 260037 | &nbsp;&nbsp; 2043056 |
| Plaza S.A. | 535670 | &nbsp;&nbsp; 2358517 |
|  |  | &nbsp;&nbsp; 24578172 |
| **China-10.44%** | **China-10.44%** | **China-10.44%** |
| Agricultural Bank of China Ltd., H Shares | 2406000 | &nbsp;&nbsp; 1682592 |
| Bank of China Ltd., H Shares | 3662309 | &nbsp;&nbsp; 2187742 |
| Bank of Communications Co. Ltd., H Shares | 2418000 | &nbsp;&nbsp; 2077922 |
| Beijing Enterprises Holdings Ltd. | 464000 | &nbsp;&nbsp; 2102552 |
| China CITIC Bank Corp. Ltd., H Shares | 1956000 | &nbsp;&nbsp; 1822363 |
| China Construction Bank Corp., H Shares | 1876278 | &nbsp;&nbsp; 1895117 |
| China Gas Holdings Ltd. | 1821200 | &nbsp;&nbsp; 1804550 |
| &nbsp;&nbsp;&nbsp; China Petroleum & Chemical Corp., H <br> Shares<sup>(a)</sup><br>| 3824000 | &nbsp;&nbsp; 2632505 |
| China Power International Development Ltd. | 4684000 | &nbsp;&nbsp; 1954461 |
| &nbsp;&nbsp;&nbsp; China Resources Pharmaceutical Group <br> Ltd.<sup>(b)</sup><br>| 3164000 | &nbsp;&nbsp; 1842590 |
| China Resources Power Holdings Co. Ltd.<sup>(a)</sup> | 804000 | &nbsp;&nbsp; 1831932 |
| China Tower Corp. Ltd., H Shares<sup>(b)</sup> | 1132500 | &nbsp;&nbsp; 1629915 |
| China Zheshang Bank Co. Ltd., H Shares | 5872000 | &nbsp;&nbsp; 1881487 |
| Hengan International Group Co. Ltd. | 570500 | &nbsp;&nbsp; 2062890 |
| Huaneng Power International, Inc., H Shares | 2208000 | &nbsp;&nbsp; 1610356 |
| &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China Ltd., H <br> Shares<br>| 2574089 | &nbsp;&nbsp; 2135855 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **China-(continued)** | **China-(continued)** | **China-(continued)** |
| Jiangsu Expressway Co. Ltd., H Shares<sup>(a)</sup> | 1526000 | &nbsp;&nbsp; $2013928 |
| Kunlun Energy Co. Ltd. | 1962000 | &nbsp;&nbsp; 2010849 |
| &nbsp;&nbsp;&nbsp; Postal Savings Bank of China Co. Ltd., H <br> Shares<sup>(a)(b)</sup><br>| 2797000 | &nbsp;&nbsp; 1824212 |
| &nbsp;&nbsp;&nbsp; Shanghai Pharmaceuticals Holding Co. Ltd., <br> H Shares<br>| 1322000 | &nbsp;&nbsp; 2015262 |
| Shenzhen International Holdings Ltd. | 1616000 | &nbsp;&nbsp; 1862442 |
| Sinopharm Group Co. Ltd., H Shares | 723200 | &nbsp;&nbsp; 1930267 |
| Want Want China Holdings Ltd. | 2887000 | &nbsp;&nbsp; 1741699 |
| Zhejiang Expressway Co. Ltd., H Shares | 1862000 | &nbsp;&nbsp; 1757715 |
|  |  | &nbsp;&nbsp; 46311203 |
| **Czech Republic-1.03%** | **Czech Republic-1.03%** | **Czech Republic-1.03%** |
| CEZ A.S.<sup>(a)</sup> | 41216 | &nbsp;&nbsp; 2378900 |
| Komercni banka A.S. | 36184 | &nbsp;&nbsp; 2200957 |
|  |  | &nbsp;&nbsp; 4579857 |
| **Egypt-0.61%** | **Egypt-0.61%** | **Egypt-0.61%** |
| &nbsp;&nbsp;&nbsp; Commercial International Bank-Egypt (CIB) <br> S.A.E.<br>| 954954 | &nbsp;&nbsp; 2722126 |
| **Greece-3.12%** | **Greece-3.12%** | **Greece-3.12%** |
| GEK TERNA S.A. | 69475 | &nbsp;&nbsp; 2744577 |
| &nbsp;&nbsp;&nbsp; Hellenic Telecommunications Organization <br> S.A.<br>| 100242 | &nbsp;&nbsp; 1886904 |
| HELLENiQ ENERGY Holdings S.A. | 176428 | &nbsp;&nbsp; 1905653 |
| JUMBO S.A. | 54538 | &nbsp;&nbsp; 1622966 |
| Motor Oil Hellas Corinth Refineries S.A. | 51176 | &nbsp;&nbsp; 2067975 |
| OPAP S.A. | 83561 | &nbsp;&nbsp; 1691304 |
| Public Power Corp. S.A. | 81169 | &nbsp;&nbsp; 1925481 |
|  |  | &nbsp;&nbsp; 13844860 |
| **Hungary-1.67%** | **Hungary-1.67%** | **Hungary-1.67%** |
| MOL Hungarian Oil & Gas PLC | 236091 | &nbsp;&nbsp; 2898767 |
| OTP Bank Nyrt. | 17333 | &nbsp;&nbsp; 2192696 |
| Richter Gedeon Nyrt | 68262 | &nbsp;&nbsp; 2296034 |
|  |  | &nbsp;&nbsp; 7387497 |
| **India-2.03%** | **India-2.03%** | **India-2.03%** |
| Dr. Reddy's Laboratories Ltd., ADR<sup>(a)</sup> | 126060 | &nbsp;&nbsp; 1691725 |
| HDFC Bank Ltd., ADR | 59740 | &nbsp;&nbsp; 1934381 |
| ICICI Bank Ltd., ADR | 73905 | &nbsp;&nbsp; 2164678 |
| Reliance Industries Ltd., GDR<sup>(a)(b)</sup> | 28385 | &nbsp;&nbsp; 1723036 |
| Wipro Ltd., ADR<sup>(a)</sup> | 588680 | &nbsp;&nbsp; 1483474 |
|  |  | &nbsp;&nbsp; 8997294 |
| **Kuwait-4.15%** | **Kuwait-4.15%** | **Kuwait-4.15%** |
| Boubyan Bank K.S.C.P. | 1176801 | &nbsp;&nbsp; 2598809 |
| Burgan Bank SAK | 2538204 | &nbsp;&nbsp; 1648146 |
| Gulf Bank K.S.C.P. | 1811247 | &nbsp;&nbsp; 2034776 |
| Kuwait Finance House K.S.C.P. | 1376987 | &nbsp;&nbsp; 3625890 |
| Mabanee Co. K.P.S.C. | 611274 | &nbsp;&nbsp; 2001917 |
| Mobile Telecommunications Co. K.S.C.P. | 1643249 | &nbsp;&nbsp; 2739825 |
| National Bank of Kuwait S.A.K.P. | 685821 | &nbsp;&nbsp; 2126320 |
| Warba Bank KSCP<sup>(c)</sup> | 1758323 | &nbsp;&nbsp; 1623942 |
|  |  | &nbsp;&nbsp; 18399625 |
| **Malaysia-11.16%** | **Malaysia-11.16%** | **Malaysia-11.16%** |
| AMMB Holdings Bhd. | 1418800 | &nbsp;&nbsp; 2320462 |
| CIMB Group Holdings Bhd. | 937700 | &nbsp;&nbsp; 2042980 |
| Hong Leong Bank Bhd. | 505700 | &nbsp;&nbsp; 3309424 |
| IHH Healthcare Bhd. | 1319847 | &nbsp;&nbsp; 2996673 |
| IOI Corp. Bhd. | 2415900 | &nbsp;&nbsp; 2439565 |
| Kuala Lumpur Kepong Bhd. | 497800 | &nbsp;&nbsp; 2463550 |
| Malayan Banking Bhd. | 1288292 | &nbsp;&nbsp; 3855703 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P Emerging Markets Low Volatility ETF (EELV)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Malaysia-(continued)** | **Malaysia-(continued)** | **Malaysia-(continued)** |
| Maxis Bhd. | 2047500 | &nbsp;&nbsp; $1987027 |
| MISC Bhd. | 1209200 | &nbsp;&nbsp; 2452758 |
| Petronas Gas Bhd. | 583900 | &nbsp;&nbsp; 2722621 |
| Public Bank Bhd. | 2295600 | &nbsp;&nbsp; 2837347 |
| QL Resources Bhd. | 2558000 | &nbsp;&nbsp; 2607355 |
| RHB Bank Bhd. | 1543300 | &nbsp;&nbsp; 3307405 |
| SD Guthrie Bhd. | 1614100 | &nbsp;&nbsp; 2389489 |
| Sunway REIT | 3925500 | &nbsp;&nbsp; 2575302 |
| Telekom Malaysia Bhd. | 1031000 | &nbsp;&nbsp; 2068042 |
| Tenaga Nasional Bhd. | 745372 | &nbsp;&nbsp; 2637212 |
| United Plantations Bhd. | 310100 | &nbsp;&nbsp; 2375118 |
| Westports Holdings Bhd. | 1362800 | &nbsp;&nbsp; 2112993 |
|  |  | &nbsp;&nbsp; 49501026 |
| **Mexico-3.06%** | **Mexico-3.06%** | **Mexico-3.06%** |
| America Movil S.A.B. de C.V., Class B | 1894010 | &nbsp;&nbsp; 1966399 |
| Arca Continental S.A.B. de C.V.<sup>(a)</sup> | 169905 | &nbsp;&nbsp; 1928927 |
| Coca-Cola FEMSA S.A.B. de C.V., Series CPO | 190775 | &nbsp;&nbsp; 2010137 |
| &nbsp;&nbsp;&nbsp; Fomento Economico Mexicano, S.A.B. de <br> C.V., Series CPO<sup>(d)</sup><br>| 181735 | &nbsp;&nbsp; 1910905 |
| Gruma S.A.B. de C.V., Class B | 117360 | &nbsp;&nbsp; 2129015 |
| Grupo Comercial Chedraui S.A. de C.V. | 253991 | &nbsp;&nbsp; 1756574 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark de Mexico S.A.B. de C.V., <br> Class A<sup>(a)</sup><br>| 834711 | &nbsp;&nbsp; 1862666 |
|  |  | &nbsp;&nbsp; 13564623 |
| **Peru-0.51%** | **Peru-0.51%** | **Peru-0.51%** |
| Credicorp Ltd. | 6363 | &nbsp;&nbsp; 2270509 |
| **Philippines-0.38%** | **Philippines-0.38%** | **Philippines-0.38%** |
| SM Investments Corp. | 140356 | &nbsp;&nbsp; 1668197 |
| **Qatar-4.04%** | **Qatar-4.04%** | **Qatar-4.04%** |
| AlRayan Bank | 5277030 | &nbsp;&nbsp; 3296455 |
| Commercial Bank P.S.Q.C. (The) | 1831181 | &nbsp;&nbsp; 2393496 |
| Industries Qatar Q.S.C. | 757553 | &nbsp;&nbsp; 2644220 |
| Ooredoo Q.P.S.C. | 535681 | &nbsp;&nbsp; 2106448 |
| Qatar Gas Transport Co. Ltd. | 1769154 | &nbsp;&nbsp; 2330236 |
| Qatar Islamic Bank Q.P.S.C. | 321852 | &nbsp;&nbsp; 2210451 |
| Qatar National Bank Q.P.S.C. | 537987 | &nbsp;&nbsp; 2931168 |
|  |  | &nbsp;&nbsp; 17912474 |
| **Romania-0.66%** | **Romania-0.66%** | **Romania-0.66%** |
| NEPI Rockcastle N.V.<sup>(c)</sup> | 317092 | &nbsp;&nbsp; 2908572 |
| **Russia-0.00%** | **Russia-0.00%** | **Russia-0.00%** |
| X5 Retail Group N.V., GDR<sup>(b)(c)(e)</sup> | 51546 | &nbsp;&nbsp; 0 |
| **Saudi Arabia-10.17%** | **Saudi Arabia-10.17%** | **Saudi Arabia-10.17%** |
| Al Rajhi Bank | 79573 | &nbsp;&nbsp; 2272311 |
| Alinma Bank | 322818 | &nbsp;&nbsp; 2452059 |
| Almarai Co. JSC | 190154 | &nbsp;&nbsp; 2243135 |
| Arab National Bank | 289734 | &nbsp;&nbsp; 1758469 |
| Bank Al-Jazira<sup>(c)</sup> | 643044 | &nbsp;&nbsp; 2147845 |
| Banque Saudi Fransi | 439579 | &nbsp;&nbsp; 2115962 |
| &nbsp;&nbsp;&nbsp; Dr. Sulaiman Al Habib Medical Services Group <br> Co., Class H<br>| 28177 | &nbsp;&nbsp; 1965117 |
| Jarir Marketing Co. | 917663 | &nbsp;&nbsp; 3491089 |
| Nahdi Medical Co. | 75496 | &nbsp;&nbsp; 1982304 |
| Riyad Bank | 260167 | &nbsp;&nbsp; 1952465 |
| SABIC Agri-Nutrients Co. | 70907 | &nbsp;&nbsp; 2362413 |
| Saudi Arabian Oil Co.<sup>(b)</sup> | 452516 | &nbsp;&nbsp; 3110697 |
| Saudi Aramco Base Oil Co. | 67732 | &nbsp;&nbsp; 1888089 |
| Saudi Awwal Bank | 222178 | &nbsp;&nbsp; 2111131 |
| Saudi Basic Industries Corp. | 158104 | &nbsp;&nbsp; 2396173 |
| Saudi Electricity Co. | 622025 | &nbsp;&nbsp; 2387931 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Saudi Arabia-(continued)** | **Saudi Arabia-(continued)** | **Saudi Arabia-(continued)** |
| Saudi National Bank (The) | 186638 | &nbsp;&nbsp; $2231328 |
| Saudi Tadawul Group Holding Co. | 38142 | &nbsp;&nbsp; 1633170 |
| Saudi Telecom Co. | 236404 | &nbsp;&nbsp; 2806302 |
| Yanbu National Petrochemical Co., Class A | 249582 | &nbsp;&nbsp; 1797681 |
|  |  | &nbsp;&nbsp; 45105671 |
| **South Africa-6.08%** | **South Africa-6.08%** | **South Africa-6.08%** |
| Absa Group Ltd. | 132540 | &nbsp;&nbsp; 2103647 |
| Bid Corp. Ltd. | 97414 | &nbsp;&nbsp; 2451293 |
| Bidvest Group Ltd. (The) | 127514 | &nbsp;&nbsp; 1858460 |
| Capitec Bank Holdings Ltd. | 7823 | &nbsp;&nbsp; 2115652 |
| Clicks Group Ltd.<sup>(a)</sup> | 110365 | &nbsp;&nbsp; 2214695 |
| Discovery Ltd. | 131006 | &nbsp;&nbsp; 1924009 |
| FirstRand Ltd. | 328519 | &nbsp;&nbsp; 1887408 |
| Growthpoint Properties Ltd. | 2183426 | &nbsp;&nbsp; 2401810 |
| OUTsurance Group Ltd. | 432616 | &nbsp;&nbsp; 1923269 |
| Remgro Ltd. | 170816 | &nbsp;&nbsp; 1947097 |
| Sanlam Ltd. | 321861 | &nbsp;&nbsp; 2030959 |
| Shoprite Holdings Ltd. | 120113 | &nbsp;&nbsp; 1996109 |
| Vodacom Group Ltd. | 228797 | &nbsp;&nbsp; 2125806 |
|  |  | &nbsp;&nbsp; 26980214 |
| **South Korea-2.11%** | **South Korea-2.11%** | **South Korea-2.11%** |
| Industrial Bank of Korea<sup>(a)</sup> | 133547 | &nbsp;&nbsp; 2051804 |
| LG Uplus Corp. | 169433 | &nbsp;&nbsp; 1882343 |
| Orion Corp. | 25390 | &nbsp;&nbsp; 2066763 |
| SK Telecom Co. Ltd. | 66571 | &nbsp;&nbsp; 3354910 |
|  |  | &nbsp;&nbsp; 9355820 |
| **Taiwan-10.86%** | **Taiwan-10.86%** | **Taiwan-10.86%** |
| Asia Cement Corp. | 1644872 | &nbsp;&nbsp; 1835364 |
| Chang Hwa Commercial Bank Ltd. | 3977014 | &nbsp;&nbsp; 2574337 |
| Chunghwa Telecom Co. Ltd. | 899137 | &nbsp;&nbsp; 3812741 |
| CTBC Financial Holding Co. Ltd. | 1296000 | &nbsp;&nbsp; 2088045 |
| E.Sun Financial Holding Co. Ltd. | 1977292 | &nbsp;&nbsp; 2093822 |
| Far Eastern New Century Corp. | 1923000 | &nbsp;&nbsp; 1693172 |
| Far EasTone Telecommunications Co. Ltd.<sup>(c)</sup> | 740810 | &nbsp;&nbsp; 2083989 |
| First Financial Holding Co. Ltd. | 2408970 | &nbsp;&nbsp; 2199193 |
| Hotai Motor Co. Ltd. | 88000 | &nbsp;&nbsp; 1516925 |
| Hua Nan Financial Holdings Co. Ltd. | 2226417 | &nbsp;&nbsp; 2335578 |
| Mega Financial Holding Co. Ltd. | 1704012 | &nbsp;&nbsp; 2095339 |
| President Chain Store Corp. | 363000 | &nbsp;&nbsp; 2464834 |
| &nbsp;&nbsp;&nbsp; Shanghai Commercial & Savings Bank Ltd. <br> (The)<br>| 1522902 | &nbsp;&nbsp; 1907665 |
| SinoPac Financial Holdings Co. Ltd. | 2084260 | &nbsp;&nbsp; 1887889 |
| Starlux Airlines Co. Ltd.<sup>(c)</sup> | 2737000 | &nbsp;&nbsp; 1996144 |
| Taichung Commercial Bank Co. Ltd. | 2881916 | &nbsp;&nbsp; 1830008 |
| Taiwan Business Bank | 4171340 | &nbsp;&nbsp; 2032590 |
| &nbsp;&nbsp;&nbsp; Taiwan Cooperative Financial Holding Co. <br> Ltd.<br>| 3275642 | &nbsp;&nbsp; 2448038 |
| Taiwan High Speed Rail Corp. | 3187000 | &nbsp;&nbsp; 2765752 |
| Taiwan Mobile Co. Ltd. | 778800 | &nbsp;&nbsp; 2611344 |
| Uni-President Enterprises Corp. | 860181 | &nbsp;&nbsp; 1956933 |
| Yuanta Financial Holding Co. Ltd. | 1424000 | &nbsp;&nbsp; 1939817 |
|  |  | &nbsp;&nbsp; 48169519 |
| **Thailand-5.53%** | **Thailand-5.53%** | **Thailand-5.53%** |
| Advanced Info Service PCL, NVDR | 192948 | &nbsp;&nbsp; 2139871 |
| Bangkok Bank PCL, NVDR | 435789 | &nbsp;&nbsp; 2186138 |
| Bangkok Dusit Medical Services PCL, NVDR | 2949962 | &nbsp;&nbsp; 1881295 |
| Kasikornbank PCL, NVDR | 350565 | &nbsp;&nbsp; 2093754 |
| PTT PCL, NVDR | 2058123 | &nbsp;&nbsp; 2221717 |
| SCB X PCL, NVDR | 556540 | &nbsp;&nbsp; 2395792 |
| Thai Beverage PCL | 6096587 | &nbsp;&nbsp; 2306754 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P Emerging Markets Low Volatility ETF (EELV)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Thailand-(continued)** | **Thailand-(continued)** | **Thailand-(continued)** |
| Thanachart Capital PCL, NVDR | 1270320 | &nbsp;&nbsp; $2380975 |
| Tisco Financial Group PCL, NVDR | 1231442 | &nbsp;&nbsp; 4398440 |
| TMBThanachart Bank PCL, NVDR | 39347924 | &nbsp;&nbsp; 2522453 |
|  |  | &nbsp;&nbsp; 24527189 |
| **United Arab Emirates-5.96%** | **United Arab Emirates-5.96%** | **United Arab Emirates-5.96%** |
| &nbsp;&nbsp;&nbsp; Abu Dhabi National Oil Co. for Distribution <br> PJSC<br>| 2483134 | &nbsp;&nbsp; 2772150 |
| ADNOC Drilling Co. PJSC, Class C | 1135898 | &nbsp;&nbsp; 1649036 |
| ADNOC Gas PLC | 2354862 | &nbsp;&nbsp; 2316060 |
| ADNOC Logistics & Services | 1138069 | &nbsp;&nbsp; 1739105 |
| Air Arabia PJSC | 1461434 | &nbsp;&nbsp; 1983323 |
| Borouge PLC | 3998095 | &nbsp;&nbsp; 2841501 |
| Dubai Electricity and Water Authority PJSC | 2885500 | &nbsp;&nbsp; 2373692 |
| Dubai Islamic Bank PJSC | 879413 | &nbsp;&nbsp; 2313446 |
| &nbsp;&nbsp;&nbsp; Emirates Telecommunications Group Co. <br> PJSC<br>| 479874 | &nbsp;&nbsp; 2573885 |
| Fertiglobe PLC | 3064294 | &nbsp;&nbsp; 2262008 |
| First Abu Dhabi Bank PJSC | 367224 | &nbsp;&nbsp; 1860552 |
| Salik Co. PJSC | 1019161 | &nbsp;&nbsp; 1771042 |
|  |  | &nbsp;&nbsp; 26455800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $363,562,907) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $363,562,907) | &nbsp;&nbsp; 441394296 |
| **Money Market Funds-0.11%** | **Money Market Funds-0.11%** | **Money Market Funds-0.11%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(f)(g)</sup> <br>(Cost $498,380)<br>| 498380 | &nbsp;&nbsp; 498380 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.63% <br>(Cost $364,061,287) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.63% <br>(Cost $364,061,287) | &nbsp;&nbsp; 441892676 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-3.27%** | **Money Market Funds-3.27%** | **Money Market Funds-3.27%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(f)(g)(h)</sup><br>| 4035404 | &nbsp;&nbsp; $4035404 |
| Invesco Private Prime Fund, 3.80%<sup>(f)(g)(h)</sup> | 10473545 | &nbsp;&nbsp; 10476687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $14,512,091) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $14,512,091) | &nbsp;&nbsp; 14512091 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-102.90% <br>(Cost $378,573,378) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-102.90% <br>(Cost $378,573,378) | &nbsp;&nbsp; 456404767 |
| OTHER ASSETS LESS LIABILITIES-(2.90)% | OTHER ASSETS LESS LIABILITIES-(2.90)% | &nbsp;&nbsp; (12858065)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $443546702 |

---

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

---

| |
|:---|
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| CPO-Certificates of Ordinary Participation |
| GDR-Global Depositary Receipt |
| NVDR-Non-Voting Depositary Receipt |
| REIT-Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2026. |
| <sup>(b)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be <br> resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at <br> January 31, 2026 was $10,130,450, which represented 2.28% of the Fund's Net Assets.<br>|
| <sup>(c)</sup> | Non-income producing security. |
| <sup>(d)</sup> | Each CPO for Fomento Economico Mexicano, S.A.B. de C.V. represents one Series B share and four Series D shares. |
| <sup>(e)</sup> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(f)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**October 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $246488 | &nbsp;&nbsp;&nbsp; $7152015 | &nbsp;&nbsp;&nbsp; $(6900123)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $498380 | &nbsp;&nbsp;&nbsp; $4284 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P Emerging Markets Low Volatility ETF (EELV)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **October 31, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br>| **Realized**<br> **Gain**<br> **(Loss)**<br>| **Value**<br> **January 31, 2026**<br>| **Dividend Income** |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; $1599725 | &nbsp;&nbsp;&nbsp; $7579223 | &nbsp;&nbsp;&nbsp; $(5143544)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $4035404 | &nbsp;&nbsp;&nbsp; $30,675<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime <br> Fund<br>| &nbsp;&nbsp;&nbsp; 5346672 | &nbsp;&nbsp;&nbsp; 18970743 | &nbsp;&nbsp;&nbsp; (13840727)<br>| &nbsp;&nbsp;&nbsp; 264 | &nbsp;&nbsp;&nbsp; (265)<br>| &nbsp;&nbsp;&nbsp; 10476687 | &nbsp;&nbsp;&nbsp; 82,836<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $7192885 | &nbsp;&nbsp;&nbsp; $33701981 | &nbsp;&nbsp;&nbsp; $(25884394)<br>| &nbsp;&nbsp;&nbsp; $264 | &nbsp;&nbsp;&nbsp; $(265)<br>| &nbsp;&nbsp;&nbsp; $15010471 | &nbsp;&nbsp;&nbsp; $117795 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(g)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2026. <br> <sup>(h)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  |
| **Long Futures Contracts** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Month**<br>| **Notional**<br> **Value**<br>| **Value** | **Unrealized**<br> **Appreciation**<br>|
| **Equity Risk** |  |  |  |  |  |
| &nbsp;&nbsp; MSCI Emerging Markets Index | &nbsp;&nbsp;&nbsp; 22 | March-2026 | &nbsp;&nbsp;&nbsp; $1672880 | &nbsp;&nbsp;&nbsp; $132220 | &nbsp;&nbsp;&nbsp; $132220 |

---

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

<sup>(a)</sup> Futures contracts collateralized by $680,222 cash held with Morgan Stanley & Co. LLC, the futures commission merchant.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments

**Invesco S&P Emerging Markets Momentum ETF (EEMO)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** |
| **Brazil-1.09%** | **Brazil-1.09%** | **Brazil-1.09%** |
| Cia Paranaense de Energia | 3300 | &nbsp;&nbsp; $8307 |
| Embraer S.A. | 3368 | &nbsp;&nbsp; 62367 |
| Neoenergia S.A. | 900 | &nbsp;&nbsp; 5570 |
| Porto Seguro S.A. | 1518 | &nbsp;&nbsp; 14567 |
| Telefonica Brasil S.A. | 2900 | &nbsp;&nbsp; 20705 |
| TOTVS S.A. | 2400 | &nbsp;&nbsp; 20431 |
|  |  | &nbsp;&nbsp; 131947 |
| **Chile-2.01%** | **Chile-2.01%** | **Chile-2.01%** |
| Banco de Chile | 207852 | &nbsp;&nbsp; 46348 |
| Banco de Credito e Inversiones S.A. | 401 | &nbsp;&nbsp; 30167 |
| Banco Santander Chile | 251818 | &nbsp;&nbsp; 22421 |
| Cencosud S.A. | 8523 | &nbsp;&nbsp; 28870 |
| Falabella S.A. | 4865 | &nbsp;&nbsp; 38223 |
| LATAM Airlines Group S.A. | 1838422 | &nbsp;&nbsp; 60386 |
| Plaza S.A. | 3566 | &nbsp;&nbsp; 15701 |
|  |  | &nbsp;&nbsp; 242116 |
| **China-46.30%** | **China-46.30%** | **China-46.30%** |
| 3SBio, Inc.<sup>(a)(b)</sup> | 15062 | &nbsp;&nbsp; 44926 |
| Agricultural Bank of China Ltd., H Shares | 154763 | &nbsp;&nbsp; 108231 |
| Akeso, Inc.<sup>(a)(b)(c)</sup> | 5500 | &nbsp;&nbsp; 77655 |
| &nbsp;&nbsp;&nbsp; Asymchem Laboratories (Tianjin) Co. Ltd., H <br> Shares<sup>(a)</sup><br>| 88 | &nbsp;&nbsp; 917 |
| Atour Lifestyle Holdings Ltd., ADR | 479 | &nbsp;&nbsp; 17119 |
| Bank of China Ltd., H Shares | 359456 | &nbsp;&nbsp; 214727 |
| Bank of Communications Co. Ltd., H Shares | 79999 | &nbsp;&nbsp; 68748 |
| Bank of Zhengzhou Co. Ltd., H Shares<sup>(a)</sup> | 7876 | &nbsp;&nbsp; 1139 |
| BYD Co. Ltd., H Shares | 12086 | &nbsp;&nbsp; 150721 |
| Central China Securities Co. Ltd., H Shares<sup>(a)</sup> | 3376 | &nbsp;&nbsp; 956 |
| China CITIC Bank Corp. Ltd., H Shares | 53081 | &nbsp;&nbsp; 49454 |
| &nbsp;&nbsp;&nbsp; China CITIC Financial Asset Management Co. <br> Ltd., H Shares<sup>(a)(b)</sup><br>| 105626 | &nbsp;&nbsp; 11898 |
| China Construction Bank Corp., H Shares | 538489 | &nbsp;&nbsp; 543896 |
| China Everbright Bank Co. Ltd., H Shares<sup>(c)</sup> | 16000 | &nbsp;&nbsp; 6671 |
| China Galaxy Securities Co. Ltd., H Shares | 20712 | &nbsp;&nbsp; 27860 |
| China Hongqiao Group Ltd. | 18053 | &nbsp;&nbsp; 82594 |
| &nbsp;&nbsp;&nbsp; China International Capital Corp. Ltd., H <br> Shares<sup>(a)</sup><br>| 6600 | &nbsp;&nbsp; 17893 |
| China Life Insurance Co. Ltd., H Shares | 41605 | &nbsp;&nbsp; 185209 |
| China Medical System Holdings Ltd.<sup>(c)</sup> | 7876 | &nbsp;&nbsp; 14132 |
| China Merchants Bank Co. Ltd., H Shares | 13890 | &nbsp;&nbsp; 84888 |
| China Merchants Port Holdings Co. Ltd. | 4421 | &nbsp;&nbsp; 8900 |
| &nbsp;&nbsp;&nbsp; China Merchants Securities Co. Ltd., H <br> Shares<sup>(a)</sup><br>| 3419 | &nbsp;&nbsp; 6388 |
| China Minsheng Banking Corp. Ltd., H Shares | 43720 | &nbsp;&nbsp; 21761 |
| &nbsp;&nbsp;&nbsp; China National Building Material Co. Ltd., H <br> Shares<br>| 17500 | &nbsp;&nbsp; 12592 |
| &nbsp;&nbsp;&nbsp; China Pacific Insurance (Group) Co. Ltd., H <br> Shares<br>| 8532 | &nbsp;&nbsp; 42988 |
| China Reinsurance Group Corp., H Shares | 40750 | &nbsp;&nbsp; 9187 |
| China Resources Mixc Lifestyle Services Ltd.<sup>(a)</sup> | 2426 | &nbsp;&nbsp; 14352 |
| China Taiping Insurance Holdings Co. Ltd.<sup>(c)</sup> | 7268 | &nbsp;&nbsp; 23823 |
| China Zheshang Bank Co. Ltd., H Shares | 12126 | &nbsp;&nbsp; 3885 |
| &nbsp;&nbsp;&nbsp; Chongqing Rural Commercial Bank Co. Ltd., H <br> Shares<br>| 10522 | &nbsp;&nbsp; 7858 |
| CITIC Ltd. | 39000 | &nbsp;&nbsp; 62348 |
| CITIC Securities Co. Ltd., H Shares | 6062 | &nbsp;&nbsp; 22693 |
| CSC Financial Co. Ltd., H Shares<sup>(a)</sup> | 3500 | &nbsp;&nbsp; 5643 |
| CSPC Pharmaceutical Group Ltd.<sup>(c)</sup> | 31250 | &nbsp;&nbsp; 38347 |
| Everbright Securities Co. Ltd., H Shares<sup>(a)</sup> | 1026 | &nbsp;&nbsp; 1167 |
| Far East Horizon Ltd. | 9500 | &nbsp;&nbsp; 9506 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **China-(continued)** | **China-(continued)** | **China-(continued)** |
| &nbsp;&nbsp;&nbsp; Fuyao Glass Industry Group Co. Ltd., H <br> Shares<sup>(a)</sup><br>| 1959 | &nbsp;&nbsp; $16797 |
| GDS Holdings Ltd., A Shares<sup>(b)</sup> | 6467 | &nbsp;&nbsp; 36020 |
| Geely Automobile Holdings Ltd. | 28525 | &nbsp;&nbsp; 58737 |
| GF Securities Co. Ltd., H Shares | 5550 | &nbsp;&nbsp; 12955 |
| &nbsp;&nbsp;&nbsp; Goldwind Science & Technology Co. Ltd., H <br> Shares<br>| 2842 | &nbsp;&nbsp; 5308 |
| Guangdong Investment Ltd. | 15750 | &nbsp;&nbsp; 14895 |
| Guotai Haitong Securities Co. Ltd., H Shares<sup>(a)</sup> | 16340 | &nbsp;&nbsp; 34790 |
| Hansoh Pharmaceutical Group Co. Ltd.<sup>(a)</sup> | 6353 | &nbsp;&nbsp; 31318 |
| Huatai Securities Co. Ltd., H Shares<sup>(a)</sup> | 7450 | &nbsp;&nbsp; 17768 |
| &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China Ltd., H <br> Shares<br>| 386460 | &nbsp;&nbsp; 320666 |
| Innovent Biologics, Inc.<sup>(a)(b)</sup> | 8478 | &nbsp;&nbsp; 88029 |
| JD Health International, Inc.<sup>(a)(b)</sup> | 5762 | &nbsp;&nbsp; 46373 |
| JD Logistics, Inc.<sup>(a)(b)</sup> | 7244 | &nbsp;&nbsp; 10356 |
| Jiangsu Expressway Co. Ltd., H Shares<sup>(c)</sup> | 5250 | &nbsp;&nbsp; 6929 |
| JL Mag Rare-Earth Co. Ltd., H Shares<sup>(a)</sup> | 850 | &nbsp;&nbsp; 2392 |
| JOYY, Inc., ADR | 104 | &nbsp;&nbsp; 6692 |
| Kingboard Holdings Ltd. | 2562 | &nbsp;&nbsp; 10385 |
| &nbsp;&nbsp;&nbsp; Kingdee International Software Group Co. <br> Ltd.<sup>(b)</sup><br>| 16376 | &nbsp;&nbsp; 27057 |
| Kingsoft Corp. Ltd.<sup>(c)</sup> | 3290 | &nbsp;&nbsp; 12626 |
| Laopu Gold Co. Ltd. | 381 | &nbsp;&nbsp; 37666 |
| Livzon Pharmaceutical Group, Inc., H Shares | 512 | &nbsp;&nbsp; 1927 |
| Maanshan Iron & Steel Co. Ltd., H Shares<sup>(b)</sup> | 7000 | &nbsp;&nbsp; 2421 |
| Minth Group Ltd. | 3500 | &nbsp;&nbsp; 16483 |
| NetEase Cloud Music, Inc.<sup>(a)(b)(c)</sup> | 650 | &nbsp;&nbsp; 15004 |
| New China Life Insurance Co. Ltd., H Shares | 8169 | &nbsp;&nbsp; 66446 |
| Orient Securities Co. Ltd., H Shares<sup>(a)</sup> | 3850 | &nbsp;&nbsp; 3354 |
| &nbsp;&nbsp;&nbsp; People's Insurance Co. (Group) of China Ltd. <br> (The), H Shares<br>| 61394 | &nbsp;&nbsp; 53400 |
| Pharmaron Beijing Co. Ltd., H Shares<sup>(a)</sup> | 1212 | &nbsp;&nbsp; 3212 |
| PICC Property & Casualty Co. Ltd., H Shares | 33000 | &nbsp;&nbsp; 68338 |
| &nbsp;&nbsp;&nbsp; Ping An Insurance (Group) Co. of China Ltd., H <br> Shares<sup>(c)</sup><br>| 27126 | &nbsp;&nbsp; 251681 |
| Pop Mart International Group Ltd.<sup>(a)(c)</sup> | 5646 | &nbsp;&nbsp; 161449 |
| &nbsp;&nbsp;&nbsp; Postal Savings Bank of China Co. Ltd., H <br> Shares<sup>(a)(c)</sup><br>| 37250 | &nbsp;&nbsp; 24295 |
| Qifu Technology, Inc., ADR | 419 | &nbsp;&nbsp; 6515 |
| Remegen Co. Ltd., B Shares<sup>(a)(b)</sup> | 1312 | &nbsp;&nbsp; 14140 |
| &nbsp;&nbsp;&nbsp; Sany Heavy Equipment International Holdings <br> Co. Ltd.<br>| 3376 | &nbsp;&nbsp; 5188 |
| &nbsp;&nbsp;&nbsp; Shandong Weigao Group Medical Polymer Co. <br> Ltd., H Shares<br>| 10750 | &nbsp;&nbsp; 6885 |
| Shanghai Electric Group Co. Ltd., H Shares<sup>(b)</sup> | 8500 | &nbsp;&nbsp; 4568 |
| &nbsp;&nbsp;&nbsp; Shanghai Fudan Microelectronics Group Co. <br> Ltd., H Shares<br>| 1578 | &nbsp;&nbsp; 10462 |
| Shanghai Junshi Biosciences Co. Ltd.<sup>(a)(b)</sup> | 676 | &nbsp;&nbsp; 1850 |
| &nbsp;&nbsp;&nbsp; Shenwan Hongyuan Group Co. Ltd., H <br> Shares<sup>(a)(c)</sup><br>| 7700 | &nbsp;&nbsp; 3083 |
| &nbsp;&nbsp;&nbsp; Sichuan Kelun-Biotech Biopharmaceutical Co. <br> Ltd.<sup>(b)</sup><br>| 250 | &nbsp;&nbsp; 13313 |
| Simcere Pharmaceutical Group Ltd.<sup>(a)</sup> | 4250 | &nbsp;&nbsp; 6365 |
| Sino Biopharmaceutical Ltd. | 83126 | &nbsp;&nbsp; 70555 |
| SITC International Holdings Co. Ltd. | 4662 | &nbsp;&nbsp; 17414 |
| Smoore International Holdings Ltd.<sup>(a)(c)</sup> | 9947 | &nbsp;&nbsp; 14368 |
| Tencent Holdings Ltd. | 13447 | &nbsp;&nbsp; 1033878 |
| Uni-President China Holdings Ltd.<sup>(c)</sup> | 4819 | &nbsp;&nbsp; 4888 |
| WEILONG Delicious Global Holdings Ltd. | 2250 | &nbsp;&nbsp; 3555 |
| WuXi AppTec Co. Ltd., H Shares<sup>(a)</sup> | 3388 | &nbsp;&nbsp; 48226 |
| Wuxi Biologics (Cayman), Inc.<sup>(a)(b)</sup> | 21188 | &nbsp;&nbsp; 100300 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P Emerging Markets Momentum ETF (EEMO)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **China-(continued)** | **China-(continued)** | **China-(continued)** |
| WuXi XDC Cayman, Inc.<sup>(b)</sup> | 1312 | &nbsp;&nbsp; $10544 |
| Xiaomi Corp., B Shares<sup>(a)(b)(c)</sup> | 145107 | &nbsp;&nbsp; 657039 |
| XPeng, Inc.<sup>(b)(c)</sup> | 6588 | &nbsp;&nbsp; 59321 |
| &nbsp;&nbsp;&nbsp; ZCZL Industrial Technology Group Co. Ltd., H <br> Shares<br>| 1026 | &nbsp;&nbsp; 2892 |
| Zhejiang Expressway Co. Ltd., H Shares | 7000 | &nbsp;&nbsp; 6608 |
| Zhejiang Leapmotor Technology Co. Ltd.<sup>(a)(b)</sup> | 2426 | &nbsp;&nbsp; 13177 |
|  |  | &nbsp;&nbsp; 5581975 |
| **Colombia-0.41%** | **Colombia-0.41%** | **Colombia-0.41%** |
| Grupo Cibest S.A., Preference Shares | 2433 | &nbsp;&nbsp; 50058 |
| **Czech Republic-0.62%** | **Czech Republic-0.62%** | **Czech Republic-0.62%** |
| CEZ A.S. | 937 | &nbsp;&nbsp; 54082 |
| Komercni banka A.S. | 344 | &nbsp;&nbsp; 20924 |
|  |  | &nbsp;&nbsp; 75006 |
| **Greece-2.25%** | **Greece-2.25%** | **Greece-2.25%** |
| Alpha Bank S.A. | 12425 | &nbsp;&nbsp; 59694 |
| Eurobank S.A. | 12084 | &nbsp;&nbsp; 59269 |
| GEK TERNA S.A. | 240 | &nbsp;&nbsp; 9481 |
| National Bank of Greece S.A. | 3864 | &nbsp;&nbsp; 68464 |
| OPAP S.A. | 650 | &nbsp;&nbsp; 13156 |
| Piraeus Bank S.A.<sup>(b)</sup> | 6023 | &nbsp;&nbsp; 60976 |
|  |  | &nbsp;&nbsp; 271040 |
| **Hong Kong-0.81%** | **Hong Kong-0.81%** | **Hong Kong-0.81%** |
| Grand Pharmaceutical Group Ltd.<sup>(c)</sup> | 5188 | &nbsp;&nbsp; 5193 |
| J&T Global Express Ltd.<sup>(b)</sup> | 22876 | &nbsp;&nbsp; 29775 |
| &nbsp;&nbsp;&nbsp; United Laboratories International Holdings Ltd. <br> (The)<sup>(c)</sup><br>| 4214 | &nbsp;&nbsp; 6418 |
| WH Group Ltd. | 47234 | &nbsp;&nbsp; 55758 |
|  |  | &nbsp;&nbsp; 97144 |
| **Hungary-1.43%** | **Hungary-1.43%** | **Hungary-1.43%** |
| OTP Bank Nyrt. | 1361 | &nbsp;&nbsp; 172172 |
| **India-7.38%** | **India-7.38%** | **India-7.38%** |
| Bharti Airtel Ltd. | 10784 | &nbsp;&nbsp; 231284 |
| Bharti Hexacom Ltd. | 305 | &nbsp;&nbsp; 5117 |
| Coromandel International Ltd. | 606 | &nbsp;&nbsp; 15059 |
| Divi's Laboratories Ltd. | 465 | &nbsp;&nbsp; 30635 |
| Fortis Healthcare Ltd. | 2703 | &nbsp;&nbsp; 25054 |
| GE Vernova T&D India Ltd. | 541 | &nbsp;&nbsp; 18988 |
| Glenmark Pharmaceuticals Ltd. | 593 | &nbsp;&nbsp; 13008 |
| HDFC Bank Ltd. | 44178 | &nbsp;&nbsp; 446696 |
| Hitachi Energy India Ltd. | 48 | &nbsp;&nbsp; 9852 |
| InterGlobe Aviation Ltd.<sup>(a)</sup> | 611 | &nbsp;&nbsp; 30535 |
| J.K. Cement Ltd. | 168 | &nbsp;&nbsp; 10101 |
| Lloyds Metals and Energy Ltd. | 729 | &nbsp;&nbsp; 8721 |
| Muthoot Finance Ltd. | 437 | &nbsp;&nbsp; 18210 |
| One 97 Communications Ltd.<sup>(b)</sup> | 2106 | &nbsp;&nbsp; 26083 |
|  |  | &nbsp;&nbsp; 889343 |
| **Indonesia-0.37%** | **Indonesia-0.37%** | **Indonesia-0.37%** |
| PT Aneka Tambang Tbk | 49214 | &nbsp;&nbsp; 12116 |
| PT Barito Pacific Tbk<sup>(b)</sup> | 149907 | &nbsp;&nbsp; 19290 |
| PT Indofood Sukses Makmur Tbk | 17116 | &nbsp;&nbsp; 6950 |
| PT Pantai Indah Kapuk Dua Tbk | 10270 | &nbsp;&nbsp; 5683 |
|  |  | &nbsp;&nbsp; 44039 |
| **Kuwait-2.44%** | **Kuwait-2.44%** | **Kuwait-2.44%** |
| Boubyan Bank K.S.C.P. | 7460 | &nbsp;&nbsp; 16475 |
| Burgan Bank SAK | 5651 | &nbsp;&nbsp; 3669 |
| Kuwait Finance House K.S.C.P. | 54129 | &nbsp;&nbsp; 142533 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Kuwait-(continued)** | **Kuwait-(continued)** | **Kuwait-(continued)** |
| Mobile Telecommunications Co. K.S.C.P. | 11128 | &nbsp;&nbsp; $18554 |
| National Bank of Kuwait S.A.K.P. | 36318 | &nbsp;&nbsp; 112600 |
|  |  | &nbsp;&nbsp; 293831 |
| **Malaysia-0.05%** | **Malaysia-0.05%** | **Malaysia-0.05%** |
| KPJ Healthcare Bhd. | 9381 | &nbsp;&nbsp; 6592 |
| **Mexico-0.82%** | **Mexico-0.82%** | **Mexico-0.82%** |
| &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Pacifico S.A.B. de C.V., <br> Class B<sup>(c)</sup><br>| 1863 | &nbsp;&nbsp; 51531 |
| Industrias Penoles S.A.B. de C.V.<sup>(b)</sup> | 813 | &nbsp;&nbsp; 47467 |
|  |  | &nbsp;&nbsp; 98998 |
| **Peru-1.02%** | **Peru-1.02%** | **Peru-1.02%** |
| Credicorp Ltd. | 344 | &nbsp;&nbsp; 122750 |
| **Poland-2.04%** | **Poland-2.04%** | **Poland-2.04%** |
| Bank Millennium S.A.<sup>(b)</sup> | 2479 | &nbsp;&nbsp; 12049 |
| CD Projekt S.A. | 296 | &nbsp;&nbsp; 21709 |
| ORLEN S.A.<sup>(c)</sup> | 2354 | &nbsp;&nbsp; 71881 |
| PGE Polska Grupa Energetyczna S.A.<sup>(b)</sup> | 3772 | &nbsp;&nbsp; 10688 |
| &nbsp;&nbsp;&nbsp; Powszechna Kasa Oszczednosci Bank Polski <br> S.A.<br>| 3219 | &nbsp;&nbsp; 84123 |
| Powszechny Zaklad Ubezpieczen S.A. | 2292 | &nbsp;&nbsp; 45311 |
|  |  | &nbsp;&nbsp; 245761 |
| **Qatar-1.46%** | **Qatar-1.46%** | **Qatar-1.46%** |
| Ooredoo Q.P.S.C. | 3431 | &nbsp;&nbsp; 13492 |
| Qatar Islamic Bank Q.P.S.C. | 7350 | &nbsp;&nbsp; 50479 |
| Qatar National Bank Q.P.S.C. | 20498 | &nbsp;&nbsp; 111681 |
|  |  | &nbsp;&nbsp; 175652 |
| **Russia-0.00%** | **Russia-0.00%** | **Russia-0.00%** |
| Alrosa PJSC<sup>(b)(d)</sup> | 11439 | &nbsp;&nbsp; 0 |
| Gazprom PJSC<sup>(b)(d)</sup> | 43562 | &nbsp;&nbsp; 0 |
| Severstal PAO<sup>(b)(d)</sup> | 1045 | &nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp; 0 |
| **Saudi Arabia-0.08%** | **Saudi Arabia-0.08%** | **Saudi Arabia-0.08%** |
| Saudi Industrial Investment Group | 2778 | &nbsp;&nbsp; 9269 |
| **South Africa-5.73%** | **South Africa-5.73%** | **South Africa-5.73%** |
| Capitec Bank Holdings Ltd. | 300 | &nbsp;&nbsp; 81132 |
| Discovery Ltd. | 3425 | &nbsp;&nbsp; 50301 |
| Impala Platinum Holdings Ltd. | 3491 | &nbsp;&nbsp; 65541 |
| MTN Group Ltd. | 11895 | &nbsp;&nbsp; 133046 |
| Naspers Ltd. | 3923 | &nbsp;&nbsp; 241928 |
| OUTsurance Group Ltd. | 5767 | &nbsp;&nbsp; 25638 |
| Pepkor Holdings Ltd.<sup>(a)</sup> | 13469 | &nbsp;&nbsp; 22168 |
| Sibanye Stillwater Ltd.<sup>(b)</sup> | 10665 | &nbsp;&nbsp; 46755 |
| Vodacom Group Ltd. | 2661 | &nbsp;&nbsp; 24724 |
|  |  | &nbsp;&nbsp; 691233 |
| **South Korea-12.45%** | **South Korea-12.45%** | **South Korea-12.45%** |
| &nbsp;&nbsp;&nbsp; Coway Co. Ltd., (Acquired 09/19/2025 - <br> 10/23/2025; Cost $19,017)<sup>(b)(e)</sup><br>| 254 | &nbsp;&nbsp; 14696 |
| Doosan Enerbility Co. Ltd.<sup>(b)</sup> | 3780 | &nbsp;&nbsp; 235970 |
| Hanwha Aerospace Co. Ltd.<sup>(b)</sup> | 246 | &nbsp;&nbsp; 221445 |
| Hanwha Ocean Co. Ltd.<sup>(b)</sup> | 1111 | &nbsp;&nbsp; 106691 |
| Hanwha Systems Co. Ltd.<sup>(b)</sup> | 499 | &nbsp;&nbsp; 32636 |
| HD Hyundai Co. Ltd. | 211 | &nbsp;&nbsp; 34243 |
| HD Hyundai Heavy Industries Co. Ltd. | 130 | &nbsp;&nbsp; 51744 |
| &nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore Engineering <br> Co. Ltd.<br>| 188 | &nbsp;&nbsp; 53850 |
| Hyundai Engineering & Construction Co. Ltd. | 413 | &nbsp;&nbsp; 29316 |
| Hyundai Rotem Co. Ltd. | 607 | &nbsp;&nbsp; 97057 |
| Industrial Bank of Korea | 1372 | &nbsp;&nbsp; 21079 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P Emerging Markets Momentum ETF (EEMO)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **South Korea-(continued)** | **South Korea-(continued)** | **South Korea-(continued)** |
| Kakaopay Corp.<sup>(b)</sup> | 141 | &nbsp;&nbsp; $6160 |
| KIWOOM Securities Co. Ltd. | 60 | &nbsp;&nbsp; 18443 |
| Korea Electric Power Corp.<sup>(b)</sup> | 1390 | &nbsp;&nbsp; 56063 |
| Korea Investment Holdings Co. Ltd. | 258 | &nbsp;&nbsp; 38595 |
| KT&G Corp. | 379 | &nbsp;&nbsp; 40533 |
| LG Uplus Corp. | 1328 | &nbsp;&nbsp; 14754 |
| LIG Nex1 Co. Ltd.<sup>(b)</sup> | 104 | &nbsp;&nbsp; 34689 |
| Meritz Financial Group, Inc. | 273 | &nbsp;&nbsp; 22074 |
| Mirae Asset Securities Co. Ltd. | 1336 | &nbsp;&nbsp; 39606 |
| Mirae Asset Securities Co. Ltd., Second Pfd. | 1084 | &nbsp;&nbsp; 12034 |
| NH Investment & Securities Co. Ltd. | 620 | &nbsp;&nbsp; 11624 |
| Rainbow Robotics<sup>(b)</sup> | 30 | &nbsp;&nbsp; 15103 |
| Samsung Heavy Industries Co. Ltd.<sup>(b)</sup> | 2576 | &nbsp;&nbsp; 52502 |
| Samsung Securities Co. Ltd. | 332 | &nbsp;&nbsp; 20839 |
| Samyang Foods Co. Ltd. | 25 | &nbsp;&nbsp; 20431 |
| SK Square Co. Ltd.<sup>(b)</sup> | 313 | &nbsp;&nbsp; 122524 |
| Woori Financial Group, Inc. | 3677 | &nbsp;&nbsp; 76919 |
|  |  | &nbsp;&nbsp; 1501620 |
| **Taiwan-3.09%** | **Taiwan-3.09%** | **Taiwan-3.09%** |
| Accton Technology Corp. | 2131 | &nbsp;&nbsp; 74507 |
| Caliway Biopharmaceuticals Co. Ltd.<sup>(b)</sup> | 5100 | &nbsp;&nbsp; 26658 |
| E.Sun Financial Holding Co. Ltd. | 63000 | &nbsp;&nbsp; 66713 |
| Elite Material Co. Ltd. | 2253 | &nbsp;&nbsp; 122208 |
| Gold Circuit Electronics Ltd. | 1334 | &nbsp;&nbsp; 29131 |
| King Slide Works Co. Ltd. | 451 | &nbsp;&nbsp; 44399 |
| MiTAC Holdings Corp. | 3638 | &nbsp;&nbsp; 9047 |
|  |  | &nbsp;&nbsp; 372663 |
| **Thailand-0.85%** | **Thailand-0.85%** | **Thailand-0.85%** |
| Advanced Info Service PCL, NVDR | 3609 | &nbsp;&nbsp; 40025 |
| Kasikornbank PCL, NVDR | 4849 | &nbsp;&nbsp; 28961 |
| Krung Thai Bank PCL, NVDR | 12409 | &nbsp;&nbsp; 11135 |
| SCB X PCL, NVDR | 3834 | &nbsp;&nbsp; 16505 |
| Tisco Financial Group PCL, NVDR | 1625 | &nbsp;&nbsp; 5804 |
|  |  | &nbsp;&nbsp; 102430 |
| **Turkey-0.69%** | **Turkey-0.69%** | **Turkey-0.69%** |
| &nbsp;&nbsp;&nbsp; Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim <br> A.S.<sup>(b)</sup><br>| 4580 | &nbsp;&nbsp; 2793 |
| Aselsan Elektronik Sanayi Ve Ticaret A.S. | 10001 | &nbsp;&nbsp; 69972 |
| Emlak Konut Gayrimenkul Yatirim Ortakligi A.S. | 8046 | &nbsp;&nbsp; 4730 |
| Gubre Fabrikalari T.A.S.<sup>(b)</sup> | 291 | &nbsp;&nbsp; 3221 |
| Selcuk Ecza Deposu Ticaret ve Sanayi A.S. | 603 | &nbsp;&nbsp; 1115 |
| Turkiye Halk Bankasi A.S.<sup>(b)</sup> | 1943 | &nbsp;&nbsp; 1964 |
|  |  | &nbsp;&nbsp; 83795 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **United Arab Emirates-5.40%** | **United Arab Emirates-5.40%** | **United Arab Emirates-5.40%** |
| Abu Dhabi Commercial Bank PJSC | 20704 | &nbsp;&nbsp; $85875 |
| Abu Dhabi Islamic Bank PJSC | 12245 | &nbsp;&nbsp; 81207 |
| ADNOC Drilling Co. PJSC, Class C | 10242 | &nbsp;&nbsp; 14869 |
| Dubai Islamic Bank PJSC | 24406 | &nbsp;&nbsp; 64204 |
| Emaar Development PJSC | 4814 | &nbsp;&nbsp; 22562 |
| Emaar Properties PJSC | 39751 | &nbsp;&nbsp; 162603 |
| Emirates NBD Bank PJSC | 10460 | &nbsp;&nbsp; 88584 |
| First Abu Dhabi Bank PJSC | 20308 | &nbsp;&nbsp; 102891 |
| Presight AI Holding PLC<sup>(b)</sup> | 3010 | &nbsp;&nbsp; 2767 |
| Salik Co. PJSC | 14697 | &nbsp;&nbsp; 25540 |
|  |  | &nbsp;&nbsp; 651102 |
| **United States-1.05%** | **United States-1.05%** | **United States-1.05%** |
| BeOne Medicines Ltd.<sup>(b)</sup> | 3900 | &nbsp;&nbsp; 102886 |
| JBS N.V., BDR<sup>(b)</sup> | 1515 | &nbsp;&nbsp; 23824 |
|  |  | &nbsp;&nbsp; 126710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $10,786,619) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $10,786,619) | &nbsp;&nbsp; 12037246 |
| **Money Market Funds-0.14%** | **Money Market Funds-0.14%** | **Money Market Funds-0.14%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(f)(g)</sup> <br>(Cost $16,748)<br>| 16748 | &nbsp;&nbsp; 16748 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral from <br> securities on loan)-99.98% <br>(Cost $10,803,367) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral from <br> securities on loan)-99.98% <br>(Cost $10,803,367) | &nbsp;&nbsp; 12053994 |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-10.86%** | **Money Market Funds-10.86%** | **Money Market Funds-10.86%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(f)(g)(h)</sup><br>| 364017 | &nbsp;&nbsp; 364017 |
| Invesco Private Prime Fund, 3.80%<sup>(f)(g)(h)</sup> | 945510 | &nbsp;&nbsp; 945794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $1,309,811) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $1,309,811) | &nbsp;&nbsp; 1309811 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-110.84% <br>(Cost $12,113,178) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-110.84% <br>(Cost $12,113,178) | &nbsp;&nbsp; 13363805 |
| OTHER ASSETS LESS LIABILITIES-(10.84)% | OTHER ASSETS LESS LIABILITIES-(10.84)% | &nbsp;&nbsp; (1306678)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $12057127 |

---

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

---

| |
|:---|
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| BDR-Brazilian Depositary Receipt |
| NVDR-Non-Voting Depositary Receipt |
| Pfd.-Preferred |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be <br> resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at <br> January 31, 2026 was $1,549,322, which represented 12.85% of the Fund's Net Assets.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at January 31, 2026. |
| <sup>(d)</sup> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(e)</sup> | Restricted security. The value of this security at January 31, 2026 represented less than 1% of the Fund's Net Assets. |
| <sup>(f)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended January 31, 2026.<br>|

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P Emerging Markets Momentum ETF (EEMO)—(continued)**

January 31, 2026

*(Unaudited)*

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**October 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $69687 | &nbsp;&nbsp;&nbsp; $68978 | &nbsp;&nbsp;&nbsp; $(121917)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $16748 | &nbsp;&nbsp;&nbsp; $283 |
| **Investments Purchased with** <br> **Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; 53739 | &nbsp;&nbsp;&nbsp; 509550 | &nbsp;&nbsp;&nbsp; (199272)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 364017 | &nbsp;&nbsp;&nbsp; 1,042<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 140723 | &nbsp;&nbsp;&nbsp; 1320747 | &nbsp;&nbsp;&nbsp; (515677)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; 945794 | &nbsp;&nbsp;&nbsp; 2,802<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $264149 | &nbsp;&nbsp;&nbsp; $1899275 | &nbsp;&nbsp;&nbsp; $(836866)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1 | &nbsp;&nbsp;&nbsp; $1326559 | &nbsp;&nbsp;&nbsp; $4127 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(g)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2026. <br> <sup>(h)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments

**Invesco S&P International Developed Low Volatility ETF (IDLV)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.54%** | **Common Stocks & Other Equity Interests-99.54%** | **Common Stocks & Other Equity Interests-99.54%** |
| **Australia-9.84%** | **Australia-9.84%** | **Australia-9.84%** |
| ANZ Group Holdings Ltd. | 58780 | &nbsp;&nbsp; $1504402 |
| APA Group | 249250 | &nbsp;&nbsp; 1543761 |
| ASX Ltd. | 35827 | &nbsp;&nbsp; 1434673 |
| Atlas Arteria Ltd. | 496575 | &nbsp;&nbsp; 1724059 |
| Aurizon Holdings Ltd. | 786100 | &nbsp;&nbsp; 2022953 |
| Cleanaway Waste Management Ltd.<sup>(a)</sup> | 945938 | &nbsp;&nbsp; 1631159 |
| Coles Group Ltd. | 106375 | &nbsp;&nbsp; 1581154 |
| Dexus | 309868 | &nbsp;&nbsp; 1454337 |
| GPT Group (The) | 392113 | &nbsp;&nbsp; 1449318 |
| Lottery Corp. Ltd. (The) | 465837 | &nbsp;&nbsp; 1669519 |
| Medibank Pvt. Ltd. | 463384 | &nbsp;&nbsp; 1495813 |
| Orica Ltd. | 89293 | &nbsp;&nbsp; 1600279 |
| Rio Tinto PLC | 18132 | &nbsp;&nbsp; 1658977 |
| Scentre Group | 617588 | &nbsp;&nbsp; 1760783 |
| Stockland | 358442 | &nbsp;&nbsp; 1349238 |
| Telstra Group Ltd. | 676959 | &nbsp;&nbsp; 2313701 |
| TPG Telecom Ltd. | 568893 | &nbsp;&nbsp; 1543882 |
| Transurban Group | 191663 | &nbsp;&nbsp; 1865095 |
| Vicinity Ltd. | 916112 | &nbsp;&nbsp; 1572359 |
| Wesfarmers Ltd. | 25985 | &nbsp;&nbsp; 1508027 |
|  |  | &nbsp;&nbsp; 32683489 |
| **Belgium-1.58%** | **Belgium-1.58%** | **Belgium-1.58%** |
| Ackermans & van Haaren N.V. | 5380 | &nbsp;&nbsp; 1597546 |
| Ageas S.A./N.V. | 26299 | &nbsp;&nbsp; 1874807 |
| Groupe Bruxelles Lambert N.V. | 18602 | &nbsp;&nbsp; 1766555 |
|  |  | &nbsp;&nbsp; 5238908 |
| **Canada-12.31%** | **Canada-12.31%** | **Canada-12.31%** |
| AltaGas Ltd. | 54722 | &nbsp;&nbsp; 1659663 |
| Bank of Montreal<sup>(a)</sup> | 12226 | &nbsp;&nbsp; 1673621 |
| Bank of Nova Scotia (The) | 26319 | &nbsp;&nbsp; 1978565 |
| Canadian Imperial Bank of Commerce | 19527 | &nbsp;&nbsp; 1814627 |
| Canadian National Railway Co. | 13670 | &nbsp;&nbsp; 1322330 |
| Dollarama, Inc. | 9450 | &nbsp;&nbsp; 1280563 |
| Element Fleet Management Corp.<sup>(a)</sup> | 53926 | &nbsp;&nbsp; 1373885 |
| Emera, Inc.<sup>(a)</sup> | 44136 | &nbsp;&nbsp; 2199711 |
| Empire Co. Ltd., Class A | 37839 | &nbsp;&nbsp; 1242904 |
| Enbridge, Inc. | 37698 | &nbsp;&nbsp; 1850449 |
| Fairfax Financial Holdings Ltd. | 796 | &nbsp;&nbsp; 1320914 |
| Fortis, Inc. | 41561 | &nbsp;&nbsp; 2228209 |
| George Weston Ltd. | 21553 | &nbsp;&nbsp; 1511567 |
| Great-West Lifeco, Inc. | 30142 | &nbsp;&nbsp; 1418788 |
| Hydro One Ltd.<sup>(a)(b)</sup> | 53087 | &nbsp;&nbsp; 2110308 |
| Intact Financial Corp. | 7175 | &nbsp;&nbsp; 1313558 |
| Loblaw Cos. Ltd. | 32822 | &nbsp;&nbsp; 1485067 |
| Metro, Inc. | 21952 | &nbsp;&nbsp; 1465304 |
| National Bank of Canada | 13292 | &nbsp;&nbsp; 1592606 |
| Power Corp. of Canada | 31625 | &nbsp;&nbsp; 1603728 |
| Royal Bank of Canada | 10654 | &nbsp;&nbsp; 1783757 |
| Sun Life Financial, Inc. | 24518 | &nbsp;&nbsp; 1553480 |
| TC Energy Corp. | 29616 | &nbsp;&nbsp; 1746144 |
| TELUS Corp. | 113012 | &nbsp;&nbsp; 1585665 |
| Toronto-Dominion Bank (The) | 18784 | &nbsp;&nbsp; 1765279 |
|  |  | &nbsp;&nbsp; 40880692 |
| **China-0.60%** | **China-0.60%** | **China-0.60%** |
| Wilmar International Ltd. | 747142 | &nbsp;&nbsp; 1999774 |
| **Denmark-0.48%** | **Denmark-0.48%** | **Denmark-0.48%** |
| Tryg A/S | 64720 | &nbsp;&nbsp; 1578692 |
| **Finland-2.41%** | **Finland-2.41%** | **Finland-2.41%** |
| Elisa OYJ | 33951 | &nbsp;&nbsp; 1507273 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Finland-(continued)** | **Finland-(continued)** | **Finland-(continued)** |
| Kesko OYJ, Class B<sup>(a)</sup> | 71202 | &nbsp;&nbsp; $1807474 |
| Kone OYJ, Class B | 22602 | &nbsp;&nbsp; 1630184 |
| Nordea Bank Abp | 75137 | &nbsp;&nbsp; 1458817 |
| Sampo OYJ | 143577 | &nbsp;&nbsp; 1607025 |
|  |  | &nbsp;&nbsp; 8010773 |
| **France-5.35%** | **France-5.35%** | **France-5.35%** |
| Air Liquide S.A. | 8890 | &nbsp;&nbsp; 1670803 |
| AXA S.A. | 29351 | &nbsp;&nbsp; 1343236 |
| Bollore SE | 317287 | &nbsp;&nbsp; 1815553 |
| Bouygues S.A. | 27492 | &nbsp;&nbsp; 1491439 |
| Credit Agricole S.A. | 68625 | &nbsp;&nbsp; 1491565 |
| Danone S.A. | 18027 | &nbsp;&nbsp; 1417720 |
| ENGIE S.A. | 61083 | &nbsp;&nbsp; 1830337 |
| Orange S.A. | 105225 | &nbsp;&nbsp; 1963234 |
| TotalEnergies SE | 21790 | &nbsp;&nbsp; 1590509 |
| Veolia Environnement S.A. | 42584 | &nbsp;&nbsp; 1603001 |
| Vinci S.A. | 10609 | &nbsp;&nbsp; 1530947 |
|  |  | &nbsp;&nbsp; 17748344 |
| **Germany-2.24%** | **Germany-2.24%** | **Germany-2.24%** |
| Allianz SE | 3192 | &nbsp;&nbsp; 1410608 |
| Deutsche Boerse AG | 5278 | &nbsp;&nbsp; 1341373 |
| E.ON SE | 79942 | &nbsp;&nbsp; 1701710 |
| Fresenius SE & Co. KGaA | 23993 | &nbsp;&nbsp; 1346985 |
| Henkel AG & Co. KGaA, Preference Shares | 18668 | &nbsp;&nbsp; 1645971 |
|  |  | &nbsp;&nbsp; 7446647 |
| **Hong Kong-4.82%** | **Hong Kong-4.82%** | **Hong Kong-4.82%** |
| CK Asset Holdings Ltd. | 275000 | &nbsp;&nbsp; 1611483 |
| CK Infrastructure Holdings Ltd.<sup>(a)</sup> | 232050 | &nbsp;&nbsp; 1906472 |
| CLP Holdings Ltd. | 304384 | &nbsp;&nbsp; 2878086 |
| HKT Trust & HKT Ltd. | 1253644 | &nbsp;&nbsp; 1879314 |
| Hong Kong & China Gas Co. Ltd. (The) | 2126801 | &nbsp;&nbsp; 2003741 |
| MTR Corp. Ltd.<sup>(a)</sup> | 434685 | &nbsp;&nbsp; 1922690 |
| Power Assets Holdings Ltd.<sup>(a)</sup> | 267446 | &nbsp;&nbsp; 2075149 |
| Sino Land Co. Ltd. | 1148377 | &nbsp;&nbsp; 1728734 |
|  |  | &nbsp;&nbsp; 16005669 |
| **Ireland-0.43%** | **Ireland-0.43%** | **Ireland-0.43%** |
| Kerry Group PLC, Class A | 15964 | &nbsp;&nbsp; 1424220 |
| **Israel-0.92%** | **Israel-0.92%** | **Israel-0.92%** |
| FIBI Holdings Ltd. | 18201 | &nbsp;&nbsp; 1624596 |
| First International Bank of Israel Ltd. (The) | 16732 | &nbsp;&nbsp; 1424829 |
|  |  | &nbsp;&nbsp; 3049425 |
| **Italy-3.14%** | **Italy-3.14%** | **Italy-3.14%** |
| Assicurazioni Generali S.p.A. | 35721 | &nbsp;&nbsp; 1462361 |
| Enel S.p.A. | 162615 | &nbsp;&nbsp; 1803181 |
| Eni S.p.A. | 76784 | &nbsp;&nbsp; 1575092 |
| Poste Italiane S.p.A.<sup>(b)</sup> | 70308 | &nbsp;&nbsp; 1858503 |
| Snam S.p.A. | 273391 | &nbsp;&nbsp; 1885748 |
| Terna S.p.A. | 170090 | &nbsp;&nbsp; 1849837 |
|  |  | &nbsp;&nbsp; 10434722 |
| **Japan-23.47%** | **Japan-23.47%** | **Japan-23.47%** |
| Advance Residence Investment Corp.<sup>(a)</sup> | 2095 | &nbsp;&nbsp; 2281056 |
| ALSOK Co. Ltd. | 181460 | &nbsp;&nbsp; 1410312 |
| ANA Holdings, Inc.<sup>(a)</sup> | 82279 | &nbsp;&nbsp; 1602618 |
| Asahi Group Holdings Ltd. | 123852 | &nbsp;&nbsp; 1300791 |
| Daito Trust Construction Co. Ltd. | 84680 | &nbsp;&nbsp; 1724357 |
| Daiwa House Industry Co. Ltd. | 47969 | &nbsp;&nbsp; 1639797 |
| Daiwa House REIT Investment Corp. | 2363 | &nbsp;&nbsp; 2065627 |
| East Japan Railway Co. | 54152 | &nbsp;&nbsp; 1363852 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P International Developed Low Volatility ETF (IDLV)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| GLP J-Reit | 2104 | &nbsp;&nbsp; $1940361 |
| Hankyu Hanshin Holdings, Inc.<sup>(a)</sup> | 57814 | &nbsp;&nbsp; 1619575 |
| Haseko Corp. | 73690 | &nbsp;&nbsp; 1515273 |
| Hulic Co. Ltd. | 144315 | &nbsp;&nbsp; 1725365 |
| Invincible Investment Corp. | 4150 | &nbsp;&nbsp; 1763298 |
| Japan Metropolitan Fund Investment Corp.<sup>(a)</sup> | 2838 | &nbsp;&nbsp; 2240980 |
| Japan Real Estate Investment Corp. | 2439 | &nbsp;&nbsp; 1974150 |
| Japan Tobacco, Inc. | 38324 | &nbsp;&nbsp; 1389584 |
| Kao Corp. | 34900 | &nbsp;&nbsp; 1400612 |
| KDX Realty Investment Corp. | 1664 | &nbsp;&nbsp; 1806011 |
| Kintetsu Group Holdings Co. Ltd. | 79348 | &nbsp;&nbsp; 1652112 |
| Kirin Holdings Co. Ltd. | 104792 | &nbsp;&nbsp; 1634509 |
| Kyushu Railway Co. | 63783 | &nbsp;&nbsp; 1629531 |
| Lixil Corp. | 138147 | &nbsp;&nbsp; 1589921 |
| Marui Group Co. Ltd. | 69946 | &nbsp;&nbsp; 1373273 |
| McDonald's Holdings Co. (Japan) Ltd.<sup>(a)</sup> | 41812 | &nbsp;&nbsp; 1818992 |
| Medipal Holdings Corp. | 80783 | &nbsp;&nbsp; 1468886 |
| MEIJI Holdings Co. Ltd.<sup>(a)</sup> | 72168 | &nbsp;&nbsp; 1698697 |
| Mitsubishi HC Capital, Inc. | 210240 | &nbsp;&nbsp; 1840699 |
| Nippon Building Fund, Inc. | 2197 | &nbsp;&nbsp; 2044512 |
| Nippon Prologis REIT, Inc. | 2858 | &nbsp;&nbsp; 1673114 |
| Nisshin Seifun Group, Inc. | 163623 | &nbsp;&nbsp; 2084541 |
| Nomura Real Estate Master Fund, Inc. | 2023 | &nbsp;&nbsp; 2192989 |
| NTT, Inc.<sup>(a)</sup> | 1714981 | &nbsp;&nbsp; 1728936 |
| OBIC Co. Ltd. | 43753 | &nbsp;&nbsp; 1220010 |
| Odakyu Electric Railway Co. Ltd. | 132981 | &nbsp;&nbsp; 1428999 |
| ORIX JREIT, Inc. | 3118 | &nbsp;&nbsp; 2094959 |
| Secom Co. Ltd. | 44337 | &nbsp;&nbsp; 1629488 |
| Sekisui House Ltd.<sup>(a)</sup> | 63001 | &nbsp;&nbsp; 1408642 |
| SoftBank Corp. | 1172266 | &nbsp;&nbsp; 1598578 |
| Sundrug Co. Ltd. | 51100 | &nbsp;&nbsp; 1365105 |
| Suntory Beverage & Food Ltd. | 46563 | &nbsp;&nbsp; 1479853 |
| Takeda Pharmaceutical Co. Ltd. | 48875 | &nbsp;&nbsp; 1669084 |
| Tobu Railway Co. Ltd. | 98949 | &nbsp;&nbsp; 1752549 |
| Tokyu Corp. | 149310 | &nbsp;&nbsp; 1691165 |
| United Urban Investment Corp. | 1838 | &nbsp;&nbsp; 2130396 |
| USS Co. Ltd. | 151104 | &nbsp;&nbsp; 1675011 |
| West Japan Railway Co.<sup>(a)</sup> | 77996 | &nbsp;&nbsp; 1598971 |
|  |  | &nbsp;&nbsp; 77937141 |
| **Netherlands-1.56%** | **Netherlands-1.56%** | **Netherlands-1.56%** |
| Koninklijke Ahold Delhaize N.V. | 41887 | &nbsp;&nbsp; 1643731 |
| Koninklijke KPN N.V. | 380107 | &nbsp;&nbsp; 1868334 |
| NN Group N.V. | 20969 | &nbsp;&nbsp; 1668185 |
|  |  | &nbsp;&nbsp; 5180250 |
| **New Zealand-0.90%** | **New Zealand-0.90%** | **New Zealand-0.90%** |
| Auckland International Airport Ltd. | 291162 | &nbsp;&nbsp; 1457489 |
| Contact Energy Ltd. | 270886 | &nbsp;&nbsp; 1533643 |
|  |  | &nbsp;&nbsp; 2991132 |
| **Norway-2.87%** | **Norway-2.87%** | **Norway-2.87%** |
| DNB Bank ASA | 50509 | &nbsp;&nbsp; 1453008 |
| Mowi ASA | 60080 | &nbsp;&nbsp; 1389507 |
| Orkla ASA | 132387 | &nbsp;&nbsp; 1580350 |
| SpareBank 1 Sør-Norge ASA, Class B | 80555 | &nbsp;&nbsp; 1629249 |
| Storebrand ASA | 84238 | &nbsp;&nbsp; 1478983 |
| Telenor ASA | 118778 | &nbsp;&nbsp; 2008280 |
|  |  | &nbsp;&nbsp; 9539377 |
| **Singapore-7.44%** | **Singapore-7.44%** | **Singapore-7.44%** |
| CapitaLand Ascendas REIT | 859806 | &nbsp;&nbsp; 1928825 |
| CapitaLand Integrated Commercial Trust | 1105836 | &nbsp;&nbsp; 2081175 |
| CapitaLand Investment Ltd. | 718900 | &nbsp;&nbsp; 1744801 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Singapore-(continued)** | **Singapore-(continued)** | **Singapore-(continued)** |
| DBS Group Holdings Ltd. | 33947 | &nbsp;&nbsp; $1581791 |
| Genting Singapore Ltd. | 2489245 | &nbsp;&nbsp; 1440671 |
| Jardine Cycle & Carriage Ltd. | 56723 | &nbsp;&nbsp; 1418253 |
| Keppel Ltd. | 174172 | &nbsp;&nbsp; 1502032 |
| Mapletree Industrial Trust<sup>(a)</sup> | 1147458 | &nbsp;&nbsp; 1906833 |
| Mapletree Pan Asia Commercial Trust | 1666315 | &nbsp;&nbsp; 1915688 |
| Oversea-Chinese Banking Corp. Ltd. | 112560 | &nbsp;&nbsp; 1883165 |
| Singapore Airlines Ltd. | 380284 | &nbsp;&nbsp; 1903022 |
| Singapore Telecommunications Ltd. | 398876 | &nbsp;&nbsp; 1442937 |
| United Overseas Bank Ltd. | 64488 | &nbsp;&nbsp; 1948362 |
| UOL Group Ltd. | 232448 | &nbsp;&nbsp; 1990090 |
|  |  | &nbsp;&nbsp; 24687645 |
| **Spain-2.01%** | **Spain-2.01%** | **Spain-2.01%** |
| Aena S.M.E. S.A.<sup>(b)</sup> | 52798 | &nbsp;&nbsp; 1645727 |
| Endesa S.A. | 42330 | &nbsp;&nbsp; 1568271 |
| Iberdrola S.A. | 82399 | &nbsp;&nbsp; 1859277 |
| Naturgy Energy Group S.A. | 50555 | &nbsp;&nbsp; 1593236 |
|  |  | &nbsp;&nbsp; 6666511 |
| **Sweden-4.89%** | **Sweden-4.89%** | **Sweden-4.89%** |
| Alfa Laval AB | 27175 | &nbsp;&nbsp; 1583862 |
| Axfood AB<sup>(a)</sup> | 51420 | &nbsp;&nbsp; 1772715 |
| Essity AB, Class B<sup>(a)</sup> | 55337 | &nbsp;&nbsp; 1648680 |
| Holmen AB, Class B<sup>(a)</sup> | 38345 | &nbsp;&nbsp; 1446254 |
| Industrivarden AB, Class C<sup>(a)</sup> | 33544 | &nbsp;&nbsp; 1689832 |
| Investor AB, Class B | 40414 | &nbsp;&nbsp; 1568077 |
| L E Lundbergforetagen AB, Class B<sup>(a)</sup> | 29744 | &nbsp;&nbsp; 1782868 |
| Securitas AB, Class B | 88575 | &nbsp;&nbsp; 1473898 |
| Tele2 AB, Class B | 84722 | &nbsp;&nbsp; 1568489 |
| Telia Co. AB<sup>(a)</sup> | 371626 | &nbsp;&nbsp; 1708356 |
|  |  | &nbsp;&nbsp; 16243031 |
| **Switzerland-4.31%** | **Switzerland-4.31%** | **Switzerland-4.31%** |
| Chocoladefabriken Lindt & Spruengli AG, PC | 93 | &nbsp;&nbsp; 1341755 |
| EMS-Chemie Holding AG | 2271 | &nbsp;&nbsp; 1772509 |
| Geberit AG | 1775 | &nbsp;&nbsp; 1360654 |
| Givaudan S.A. | 330 | &nbsp;&nbsp; 1280581 |
| Nestle S.A. | 14358 | &nbsp;&nbsp; 1375472 |
| Schindler Holding AG, PC | 4285 | &nbsp;&nbsp; 1659776 |
| Swiss Life Holding AG | 1480 | &nbsp;&nbsp; 1629222 |
| Swisscom AG | 2811 | &nbsp;&nbsp; 2317052 |
| Zurich Insurance Group AG | 2184 | &nbsp;&nbsp; 1559799 |
|  |  | &nbsp;&nbsp; 14296820 |
| **United Kingdom-6.58%** | **United Kingdom-6.58%** | **United Kingdom-6.58%** |
| Admiral Group PLC | 36088 | &nbsp;&nbsp; 1362007 |
| Aviva PLC | 158441 | &nbsp;&nbsp; 1385204 |
| Coca-Cola Europacific Partners PLC | 14898 | &nbsp;&nbsp; 1366147 |
| Compass Group PLC | 44657 | &nbsp;&nbsp; 1342877 |
| Haleon PLC | 290984 | &nbsp;&nbsp; 1526157 |
| Imperial Brands PLC | 34526 | &nbsp;&nbsp; 1458304 |
| Legal & General Group PLC | 419483 | &nbsp;&nbsp; 1527408 |
| National Grid PLC<sup>(a)</sup> | 101219 | &nbsp;&nbsp; 1724569 |
| Pearson PLC | 99672 | &nbsp;&nbsp; 1314719 |
| Reckitt Benckiser Group PLC | 17721 | &nbsp;&nbsp; 1482661 |
| RELX PLC | 34919 | &nbsp;&nbsp; 1241479 |
| Sage Group PLC (The) | 98735 | &nbsp;&nbsp; 1298424 |
| Shell PLC | 39556 | &nbsp;&nbsp; 1524848 |
| Unilever PLC | 25852 | &nbsp;&nbsp; 1763711 |
| United Utilities Group PLC | 88260 | &nbsp;&nbsp; 1515809 |
|  |  | &nbsp;&nbsp; 21834324 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P International Developed Low Volatility ETF (IDLV)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **United States-1.39%** | **United States-1.39%** | **United States-1.39%** |
| Ferrovial SE | 22014 | &nbsp;&nbsp; $1492333 |
| Novartis AG | 10333 | &nbsp;&nbsp; 1539078 |
| Waste Connections, Inc.<sup>(a)</sup> | 9433 | &nbsp;&nbsp; 1586853 |
|  |  | &nbsp;&nbsp; 4618264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $293,947,680) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $293,947,680) | &nbsp;&nbsp; 330495850 |
| **Money Market Funds-0.06%** | **Money Market Funds-0.06%** | **Money Market Funds-0.06%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(c)(d)</sup> <br>(Cost $191,696)<br>| 191696 | &nbsp;&nbsp; 191696 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.60% <br>(Cost $294,139,376) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.60% <br>(Cost $294,139,376) | &nbsp;&nbsp; 330687546 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-10.08%** | **Money Market Funds-10.08%** | **Money Market Funds-10.08%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(c)(d)(e)</sup><br>| 9301545 | &nbsp;&nbsp; $9301545 |
| Invesco Private Prime Fund, 3.80%<sup>(c)(d)(e)</sup> | 24153780 | &nbsp;&nbsp; 24161026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $33,462,571) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $33,462,571) | &nbsp;&nbsp; 33462571 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-109.68% <br>(Cost $327,601,947) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-109.68% <br>(Cost $327,601,947) | &nbsp;&nbsp; 364150117 |
| OTHER ASSETS LESS LIABILITIES-(9.68)% | OTHER ASSETS LESS LIABILITIES-(9.68)% | &nbsp;&nbsp; (32135389)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $332014728 |

---

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

Investment Abbreviations: <br> PC-Participation Certificate <br> REIT-Real Estate Investment Trust

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2026. |
| <sup>(b)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be <br> resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at <br> January 31, 2026 was $5,614,538, which represented 1.69% of the Fund's Net Assets.<br>|
| <sup>(c)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**October 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $165733 | &nbsp;&nbsp;&nbsp; $9496186 | &nbsp;&nbsp;&nbsp; $(9470223)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $191696 | &nbsp;&nbsp;&nbsp; $4544 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 8699984 | &nbsp;&nbsp;&nbsp; 19454723 | &nbsp;&nbsp;&nbsp; (18853162)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 9301545 | &nbsp;&nbsp;&nbsp; 98,564<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime <br> Fund<br>| &nbsp;&nbsp;&nbsp; 27042662 | &nbsp;&nbsp;&nbsp; 36666769 | &nbsp;&nbsp;&nbsp; (39548405)<br>| &nbsp;&nbsp;&nbsp; 255 | &nbsp;&nbsp;&nbsp; (255)<br>| &nbsp;&nbsp;&nbsp; 24161026 | &nbsp;&nbsp;&nbsp; 267,177<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $35908379 | &nbsp;&nbsp;&nbsp; $65617678 | &nbsp;&nbsp;&nbsp; $(67871790)<br>| &nbsp;&nbsp;&nbsp; $255 | &nbsp;&nbsp;&nbsp; $(255)<br>| &nbsp;&nbsp;&nbsp; $33654267 | &nbsp;&nbsp;&nbsp; $370285 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2026. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments

**Invesco S&P International Developed Momentum ETF (IDMO)**

January 31, 2026

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.81%** | **Common Stocks & Other Equity Interests-99.81%** | **Common Stocks & Other Equity Interests-99.81%** |
| **Australia-4.40%** | **Australia-4.40%** | **Australia-4.40%** |
| Brambles Ltd. | 737690 | &nbsp;&nbsp; $11520015 |
| Commonwealth Bank of Australia | 585351 | &nbsp;&nbsp; 60961538 |
| Computershare Ltd. | 220194 | &nbsp;&nbsp; 5030895 |
| Evolution Mining Ltd. | 878298 | &nbsp;&nbsp; 8485370 |
| JB Hi-Fi Ltd. | 55960 | &nbsp;&nbsp; 3171833 |
| Lynas Rare Earths Ltd.<sup>(a)</sup> | 333040 | &nbsp;&nbsp; 3372644 |
| Medibank Pvt. Ltd. | 1010366 | &nbsp;&nbsp; 3261481 |
| Pro Medicus Ltd. | 33534 | &nbsp;&nbsp; 4312957 |
| Qantas Airways Ltd. | 394725 | &nbsp;&nbsp; 2776419 |
| QBE Insurance Group Ltd. | 524138 | &nbsp;&nbsp; 7227048 |
| SGH Ltd. | 60172 | &nbsp;&nbsp; 1940028 |
| Sigma Healthcare Ltd. | 2957363 | &nbsp;&nbsp; 6375384 |
| Technology One Ltd. | 193377 | &nbsp;&nbsp; 3396493 |
| Telstra Group Ltd. | 2097868 | &nbsp;&nbsp; 7170064 |
|  |  | &nbsp;&nbsp; 129002169 |
| **Austria-0.97%** | **Austria-0.97%** | **Austria-0.97%** |
| BAWAG Group AG<sup>(a)(b)</sup> | 41387 | &nbsp;&nbsp; 6757097 |
| Erste Group Bank AG | 156301 | &nbsp;&nbsp; 20394255 |
| Strabag SE, BR | 11317 | &nbsp;&nbsp; 1176140 |
|  |  | &nbsp;&nbsp; 28327492 |
| **Belgium-0.21%** | **Belgium-0.21%** | **Belgium-0.21%** |
| Ageas S.A./N.V. | 87258 | &nbsp;&nbsp; 6220460 |
| **Brazil-0.77%** | **Brazil-0.77%** | **Brazil-0.77%** |
| Wheaton Precious Metals Corp. | 171591 | &nbsp;&nbsp; 22731388 |
| **Canada-17.12%** | **Canada-17.12%** | **Canada-17.12%** |
| Agnico Eagle Mines Ltd. | 211698 | &nbsp;&nbsp; 40465170 |
| AtkinsRealis Group, Inc. | 62984 | &nbsp;&nbsp; 4444671 |
| Bank of Montreal<sup>(c)</sup> | 301719 | &nbsp;&nbsp; 41302404 |
| Bank of Nova Scotia (The) | 495230 | &nbsp;&nbsp; 37229564 |
| &nbsp;&nbsp;&nbsp; Brookfield Asset Management Ltd., <br> Class A<br>| 122190 | &nbsp;&nbsp; 6104312 |
| CAE, Inc.<sup>(a)</sup> | 115499 | &nbsp;&nbsp; 3722170 |
| Canadian Imperial Bank of Commerce | 503491 | &nbsp;&nbsp; 46788987 |
| Dollarama, Inc. | 119772 | &nbsp;&nbsp; 16230227 |
| Element Fleet Management Corp.<sup>(c)</sup> | 160886 | &nbsp;&nbsp; 4098931 |
| Emera, Inc.<sup>(c)</sup> | 149175 | &nbsp;&nbsp; 7434790 |
| Empire Co. Ltd., Class A | 72859 | &nbsp;&nbsp; 2393212 |
| Enbridge, Inc. | 883028 | &nbsp;&nbsp; 43344438 |
| Fairfax Financial Holdings Ltd. | 9847 | &nbsp;&nbsp; 16340501 |
| George Weston Ltd. | 49465 | &nbsp;&nbsp; 3469107 |
| Great-West Lifeco, Inc. | 95967 | &nbsp;&nbsp; 4517178 |
| iA Financial Corp., Inc. | 34523 | &nbsp;&nbsp; 4265438 |
| Kinross Gold Corp. | 491468 | &nbsp;&nbsp; 15562639 |
| Loblaw Cos. Ltd. | 220781 | &nbsp;&nbsp; 9989478 |
| Metro, Inc. | 79808 | &nbsp;&nbsp; 5327213 |
| National Bank of Canada | 141822 | &nbsp;&nbsp; 16992667 |
| Power Corp. of Canada | 285984 | &nbsp;&nbsp; 14502471 |
| Shopify, Inc., Class A<sup>(a)</sup> | 449510 | &nbsp;&nbsp; 59309494 |
| Sun Life Financial, Inc. | 195317 | &nbsp;&nbsp; 12375437 |
| TC Energy Corp. | 372078 | &nbsp;&nbsp; 21937531 |
| TMX Group Ltd. | 113283 | &nbsp;&nbsp; 4205396 |
| Toronto-Dominion Bank (The) | 638527 | &nbsp;&nbsp; 60007345 |
|  |  | &nbsp;&nbsp; 502360771 |
| **China-0.43%** | **China-0.43%** | **China-0.43%** |
| BOC Hong Kong (Holdings) Ltd. | 2132574 | &nbsp;&nbsp; 11233566 |
| Chow Tai Fook Jewellery Group Ltd.<sup>(c)</sup> | 806834 | &nbsp;&nbsp; 1483329 |
|  |  | &nbsp;&nbsp; 12716895 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Finland-0.15%** | **Finland-0.15%** | **Finland-0.15%** |
| Amer Sports, Inc.<sup>(a)</sup> | 119920 | &nbsp;&nbsp; $4392670 |
| **France-6.17%** | **France-6.17%** | **France-6.17%** |
| AXA S.A. | 719983 | &nbsp;&nbsp; 32949718 |
| ENGIE S.A. | 986613 | &nbsp;&nbsp; 29563622 |
| Orange S.A. | 928018 | &nbsp;&nbsp; 17314483 |
| Safran S.A. | 123443 | &nbsp;&nbsp; 44265141 |
| Societe Generale S.A. | 517833 | &nbsp;&nbsp; 45542086 |
| Thales S.A. | 37214 | &nbsp;&nbsp; 11433502 |
|  |  | &nbsp;&nbsp; 181068552 |
| **Germany-14.90%** | **Germany-14.90%** | **Germany-14.90%** |
| Allianz SE | 169203 | &nbsp;&nbsp; 74774137 |
| Commerzbank AG | 640309 | &nbsp;&nbsp; 26415215 |
| Deutsche Bank AG | 1146123 | &nbsp;&nbsp; 45391374 |
| Deutsche Boerse AG | 74768 | &nbsp;&nbsp; 19001846 |
| Deutsche Telekom AG | 1244806 | &nbsp;&nbsp; 41925117 |
| Fresenius SE & Co. KGaA | 128757 | &nbsp;&nbsp; 7228516 |
| Heidelberg Materials AG | 80328 | &nbsp;&nbsp; 22079309 |
| MTU Aero Engines AG | 18225 | &nbsp;&nbsp; 8131783 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-<br> Gesellschaft AG in Muenchen, Class R<br>| 39795 | &nbsp;&nbsp; 24206323 |
| Rheinmetall AG | 35497 | &nbsp;&nbsp; 75485611 |
| Siemens Energy AG, Class A<sup>(a)</sup> | 518835 | &nbsp;&nbsp; 88719877 |
| Talanx AG | 31105 | &nbsp;&nbsp; 3937530 |
|  |  | &nbsp;&nbsp; 437296638 |
| **Hong Kong-1.88%** | **Hong Kong-1.88%** | **Hong Kong-1.88%** |
| Cathay Pacific Airways Ltd. | 451579 | &nbsp;&nbsp; 708256 |
| DFI Retail Group Holdings Ltd. | 182652 | &nbsp;&nbsp; 752093 |
| HKT Trust & HKT Ltd. | 1944626 | &nbsp;&nbsp; 2915152 |
| Hong Kong Exchanges & Clearing Ltd. | 523680 | &nbsp;&nbsp; 28879933 |
| Hongkong Land Holdings Ltd. | 619848 | &nbsp;&nbsp; 5259335 |
| Link REIT<sup>(c)</sup> | 1073913 | &nbsp;&nbsp; 4939115 |
| Sun Hung Kai Properties Ltd. | 620044 | &nbsp;&nbsp; 9960280 |
| Swire Properties Ltd. | 557401 | &nbsp;&nbsp; 1690031 |
|  |  | &nbsp;&nbsp; 55104195 |
| **Indonesia-0.24%** | **Indonesia-0.24%** | **Indonesia-0.24%** |
| Jardine Matheson Holdings Ltd. | 95825 | &nbsp;&nbsp; 6983526 |
| **Israel-4.21%** | **Israel-4.21%** | **Israel-4.21%** |
| Amot Investments Ltd. | 125412 | &nbsp;&nbsp; 974065 |
| Bank Hapoalim B.M. | 953384 | &nbsp;&nbsp; 23639564 |
| Bank Leumi le-Israel B.M. | 1154068 | &nbsp;&nbsp; 27826062 |
| &nbsp;&nbsp;&nbsp; Bezeq The Israeli Telecommunication Corp. <br> Ltd.<br>| 1193448 | &nbsp;&nbsp; 3074169 |
| Big Shopping Centers Ltd. | 10378 | &nbsp;&nbsp; 2503735 |
| Clal Insurance Enterprises Holdings Ltd.<sup>(c)</sup> | 50026 | &nbsp;&nbsp; 3649134 |
| Delek Group Ltd. | 5869 | &nbsp;&nbsp; 1656589 |
| Elbit Systems Ltd. | 20859 | &nbsp;&nbsp; 14797709 |
| Fattal Holdings 1998 Ltd.<sup>(a)</sup> | 2892 | &nbsp;&nbsp; 596714 |
| First International Bank of Israel Ltd. (The) | 28408 | &nbsp;&nbsp; 2419110 |
| &nbsp;&nbsp;&nbsp; Harel Insurance Investments & Financial <br> Services Ltd.<br>| 85999 | &nbsp;&nbsp; 3956445 |
| Israel Discount Bank Ltd., Class A | 702736 | &nbsp;&nbsp; 8303969 |
| Matrix IT Ltd. | 19494 | &nbsp;&nbsp; 877600 |
| Melisron Ltd. | 11090 | &nbsp;&nbsp; 1457337 |
| Menora Mivtachim Holdings Ltd. | 16358 | &nbsp;&nbsp; 2108216 |
| &nbsp;&nbsp;&nbsp; Migdal Insurance & Financial Holdings <br> Ltd.<sup>(a)</sup><br>| 367795 | &nbsp;&nbsp; 1979356 |
| Mivne Real Estate KD Ltd. | 243904 | &nbsp;&nbsp; 1140025 |
| Mizrahi Tefahot Bank Ltd. | 77927 | &nbsp;&nbsp; 6114402 |
| OPC Energy Ltd.<sup>(a)</sup> | 91084 | &nbsp;&nbsp; 2485206 |
| Phoenix Finance Ltd. | 174831 | &nbsp;&nbsp; 8511291 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P International Developed Momentum ETF (IDMO)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Israel-(continued)** | **Israel-(continued)** | **Israel-(continued)** |
| Plus500 Ltd. | 33289 | &nbsp;&nbsp; $1921627 |
| Shikun & Binui Ltd.<sup>(a)</sup> | 148309 | &nbsp;&nbsp; 867264 |
| Shufersal Ltd. | 111163 | &nbsp;&nbsp; 1439973 |
| Strauss Group Ltd. | 33443 | &nbsp;&nbsp; 1265997 |
|  |  | &nbsp;&nbsp; 123565559 |
| **Italy-6.30%** | **Italy-6.30%** | **Italy-6.30%** |
| Assicurazioni Generali S.p.A.<sup>(c)</sup> | 467624 | &nbsp;&nbsp; 19143786 |
| Banca Mediolanum S.p.A. | 97467 | &nbsp;&nbsp; 2294697 |
| Banco BPM S.p.A.<sup>(c)</sup> | 916452 | &nbsp;&nbsp; 13786832 |
| Intesa Sanpaolo S.p.A. | 6818458 | &nbsp;&nbsp; 48445661 |
| Leonardo S.p.A. | 229894 | &nbsp;&nbsp; 15418781 |
| Poste Italiane S.p.A.<sup>(b)</sup> | 327141 | &nbsp;&nbsp; 8647560 |
| Ryanair Holdings PLC | 306885 | &nbsp;&nbsp; 10453265 |
| UniCredit S.p.A. | 764028 | &nbsp;&nbsp; 66823592 |
|  |  | &nbsp;&nbsp; 185014174 |
| **Japan-5.68%** | **Japan-5.68%** | **Japan-5.68%** |
| AEON Co. Ltd. | 1049219 | &nbsp;&nbsp; 14397321 |
| BayCurrent, Inc. | 59625 | &nbsp;&nbsp; 2107715 |
| Fujikura Ltd. | 175374 | &nbsp;&nbsp; 22113672 |
| IHI Corp. | 742684 | &nbsp;&nbsp; 17238575 |
| Japan Metropolitan Fund Investment Corp. | 2681 | &nbsp;&nbsp; 2117007 |
| Kawasaki Heavy Industries Ltd. | 63003 | &nbsp;&nbsp; 5276300 |
| Kinden Corp. | 44744 | &nbsp;&nbsp; 1986337 |
| Konami Group Corp. | 44325 | &nbsp;&nbsp; 6493463 |
| LY Corp. | 942030 | &nbsp;&nbsp; 2419812 |
| Mitsubishi Heavy Industries Ltd. | 1269062 | &nbsp;&nbsp; 37487299 |
| NEC Corp. | 468935 | &nbsp;&nbsp; 15948262 |
| Nippon Building Fund, Inc.<sup>(c)</sup> | 3097 | &nbsp;&nbsp; 2882046 |
| ORIX JREIT, Inc. | 2646 | &nbsp;&nbsp; 1777826 |
| Rakuten Bank Ltd.<sup>(a)</sup> | 34818 | &nbsp;&nbsp; 1671729 |
| Ryohin Keikaku Co. Ltd.<sup>(c)</sup> | 410254 | &nbsp;&nbsp; 8208958 |
| Sankyo Co. Ltd. | 89515 | &nbsp;&nbsp; 1404780 |
| Sanrio Co. Ltd.<sup>(c)</sup> | 77042 | &nbsp;&nbsp; 2391287 |
| SHIMAMURA Co. Ltd. | 20094 | &nbsp;&nbsp; 1351167 |
| Shimizu Corp. | 253187 | &nbsp;&nbsp; 4510901 |
| Square Enix Holdings Co. Ltd. | 166999 | &nbsp;&nbsp; 2895346 |
| Sugi Holdings Co. Ltd. | 44973 | &nbsp;&nbsp; 1037021 |
| TIS, Inc. | 80764 | &nbsp;&nbsp; 2357730 |
| Toho Co. Ltd. | 62003 | &nbsp;&nbsp; 3171154 |
| Tokyo Gas Co. Ltd. | 120294 | &nbsp;&nbsp; 5354222 |
|  |  | &nbsp;&nbsp; 166599930 |
| **Netherlands-2.34%** | **Netherlands-2.34%** | **Netherlands-2.34%** |
| ABN AMRO Bank N.V., CVA<sup>(b)</sup> | 310212 | &nbsp;&nbsp; 11470694 |
| ING Groep N.V. | 918457 | &nbsp;&nbsp; 27184416 |
| Prosus N.V.<sup>(a)</sup> | 522679 | &nbsp;&nbsp; 30163748 |
|  |  | &nbsp;&nbsp; 68818858 |
| **Norway-0.51%** | **Norway-0.51%** | **Norway-0.51%** |
| Gjensidige Forsikring ASA | 101344 | &nbsp;&nbsp; 2893961 |
| Orkla ASA | 270524 | &nbsp;&nbsp; 3229339 |
| SpareBank 1 Sør-Norge ASA, Class B | 80755 | &nbsp;&nbsp; 1633294 |
| Storebrand ASA | 174112 | &nbsp;&nbsp; 3056920 |
| Telenor ASA | 244867 | &nbsp;&nbsp; 4140173 |
|  |  | &nbsp;&nbsp; 14953687 |
| **Singapore-3.27%** | **Singapore-3.27%** | **Singapore-3.27%** |
| DBS Group Holdings Ltd. | 792231 | &nbsp;&nbsp; 36914720 |
| Keppel Ltd. | 518757 | &nbsp;&nbsp; 4473680 |
| Sea Ltd., ADR<sup>(a)</sup> | 223548 | &nbsp;&nbsp; 26041106 |
| Sembcorp Industries Ltd.<sup>(c)</sup> | 482109 | &nbsp;&nbsp; 2290044 |
| Singapore Exchange Ltd. | 439399 | &nbsp;&nbsp; 6103236 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Singapore-(continued)** | **Singapore-(continued)** | **Singapore-(continued)** |
| Singapore Technologies Engineering Ltd.<sup>(c)</sup> | 1128222 | &nbsp;&nbsp; $8694494 |
| Singapore Telecommunications Ltd. | 2747960 | &nbsp;&nbsp; 9940764 |
| UOL Group Ltd. | 178374 | &nbsp;&nbsp; 1527138 |
|  |  | &nbsp;&nbsp; 95985182 |
| **Spain-8.63%** | **Spain-8.63%** | **Spain-8.63%** |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y <br> Servicios S.A.<br>| 88214 | &nbsp;&nbsp; 9933189 |
| Aena S.M.E. S.A.<sup>(b)</sup> | 338040 | &nbsp;&nbsp; 10536794 |
| Banco Bilbao Vizcaya Argentaria S.A. | 2357129 | &nbsp;&nbsp; 60049673 |
| Banco Santander S.A. | 7078842 | &nbsp;&nbsp; 90711056 |
| CaixaBank S.A. | 1634062 | &nbsp;&nbsp; 21648185 |
| Endesa S.A. | 155785 | &nbsp;&nbsp; 5771628 |
| Iberdrola S.A. | 2317566 | &nbsp;&nbsp; 52294301 |
| Naturgy Energy Group S.A. | 74631 | &nbsp;&nbsp; 2351989 |
|  |  | &nbsp;&nbsp; 253296815 |
| **Sweden-1.61%** | **Sweden-1.61%** | **Sweden-1.61%** |
| Saab AB, Class B | 149273 | &nbsp;&nbsp; 11719403 |
| Spotify Technology S.A.<sup>(a)</sup> | 62102 | &nbsp;&nbsp; 31072735 |
| Tele2 AB, Class B | 245860 | &nbsp;&nbsp; 4551695 |
|  |  | &nbsp;&nbsp; 47343833 |
| **Switzerland-0.90%** | **Switzerland-0.90%** | **Switzerland-0.90%** |
| Galderma Group AG, Class A | 65041 | &nbsp;&nbsp; 12170808 |
| Schindler Holding AG | 6834 | &nbsp;&nbsp; 2523210 |
| Swiss Life Holding AG | 10758 | &nbsp;&nbsp; 11842680 |
|  |  | &nbsp;&nbsp; 26536698 |
| **United Kingdom-17.50%** | **United Kingdom-17.50%** | **United Kingdom-17.50%** |
| 3i Group PLC | 308223 | &nbsp;&nbsp; 14199864 |
| Admiral Group PLC | 97105 | &nbsp;&nbsp; 3664866 |
| Aviva PLC | 1248718 | &nbsp;&nbsp; 10917178 |
| Barclays PLC | 5758085 | &nbsp;&nbsp; 38539412 |
| British American Tobacco PLC | 1145540 | &nbsp;&nbsp; 69403511 |
| BT Group PLC | 2387670 | &nbsp;&nbsp; 6293938 |
| Coca-Cola Europacific Partners PLC | 82651 | &nbsp;&nbsp; 7579097 |
| HSBC Holdings PLC | 6322448 | &nbsp;&nbsp; 111851828 |
| Imperial Brands PLC | 394692 | &nbsp;&nbsp; 16670946 |
| &nbsp;&nbsp;&nbsp; International Consolidated Airlines Group <br> S.A.<sup>(c)</sup><br>| 1791661 | &nbsp;&nbsp; 10322583 |
| Lloyds Banking Group PLC | 20354912 | &nbsp;&nbsp; 30480715 |
| NatWest Group PLC | 3158378 | &nbsp;&nbsp; 28870012 |
| Reckitt Benckiser Group PLC | 274817 | &nbsp;&nbsp; 22993091 |
| Rolls-Royce Holdings PLC | 6159680 | &nbsp;&nbsp; 103264803 |
| Standard Chartered PLC | 996737 | &nbsp;&nbsp; 25575655 |
| Tesco PLC | 2253572 | &nbsp;&nbsp; 13150475 |
|  |  | &nbsp;&nbsp; 513777974 |
| **United States-1.62%** | **United States-1.62%** | **United States-1.62%** |
| CyberArk Software Ltd.<sup>(a)</sup> | 17426 | &nbsp;&nbsp; 7507644 |
| Holcim AG<sup>(a)</sup> | 216924 | &nbsp;&nbsp; 22445217 |
| Swiss Re AG<sup>(a)(c)</sup> | 109272 | &nbsp;&nbsp; 17527921 |
|  |  | &nbsp;&nbsp; 47480782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $2,521,139,495) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $2,521,139,495) | &nbsp;&nbsp; 2929578248 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P International Developed Momentum ETF (IDMO)—(continued)**

January 31, 2026

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-0.12%** | **Money Market Funds-0.12%** | **Money Market Funds-0.12%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 3.61%<sup>(d)(e)</sup> <br>(Cost $3,611,885)<br>| 3611885 | &nbsp;&nbsp; $3611885 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.93% <br>(Cost $2,524,751,380) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.93% <br>(Cost $2,524,751,380) | &nbsp;&nbsp; 2933190133 |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-2.54%** | **Money Market Funds-2.54%** | **Money Market Funds-2.54%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 3.65%<sup>(d)(e)(f)</sup><br>| 20681727 | &nbsp;&nbsp; 20681727 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| Invesco Private Prime Fund, 3.80%<sup>(d)(e)(f)</sup> | 53674472 | &nbsp;&nbsp; $53690574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $74,372,301) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $74,372,301) | &nbsp;&nbsp; 74372301 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-102.47% <br>(Cost $2,599,123,681) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-102.47% <br>(Cost $2,599,123,681) | &nbsp;&nbsp; 3007562434 |
| OTHER ASSETS LESS LIABILITIES-(2.47)% | OTHER ASSETS LESS LIABILITIES-(2.47)% | &nbsp;&nbsp; (72430261)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $2935132173 |

---

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

---

| |
|:---|
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| BR-Bearer Shares |
| CVA-Dutch Certificates |
| REIT-Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be <br> resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at <br> January 31, 2026 was $37,412,145, which represented 1.27% of the Fund's Net Assets.<br>|
| <sup>(c)</sup> | All or a portion of this security was out on loan at January 31, 2026. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in <br> affiliates for the three months ended January 31, 2026.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**October 31, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**January 31, 2026**<br>| **Dividend Income** |
| **Investments in** <br> **Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $666408 | &nbsp;&nbsp;&nbsp; $64296590 | &nbsp;&nbsp;&nbsp; $(61351113)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $3611885 | &nbsp;&nbsp;&nbsp; $42320 |
| **Investments** <br> **Purchased with Cash** <br> **Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 37061013 | &nbsp;&nbsp;&nbsp; 106775431 | &nbsp;&nbsp;&nbsp; (123154717)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 20681727 | &nbsp;&nbsp;&nbsp; 284,296<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime <br> Fund<br>| &nbsp;&nbsp;&nbsp; 100549001 | &nbsp;&nbsp;&nbsp; 272803470 | &nbsp;&nbsp;&nbsp; (319661897)<br>| &nbsp;&nbsp;&nbsp; 214 | &nbsp;&nbsp;&nbsp; (214)<br>| &nbsp;&nbsp;&nbsp; 53690574 | &nbsp;&nbsp;&nbsp; 772,445<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $138276422 | &nbsp;&nbsp;&nbsp; $443875491 | &nbsp;&nbsp;&nbsp; $(504167727)<br>| &nbsp;&nbsp;&nbsp; $214 | &nbsp;&nbsp;&nbsp; $(214)<br>| &nbsp;&nbsp;&nbsp; $77984186 | &nbsp;&nbsp;&nbsp; $1099061 |

---

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

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2026. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

**Notes to Quarterly Schedules of Portfolio Holdings**

January 31, 2026

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 — Prices are determined using quoted prices in an active market for identical assets.

Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC's assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of January 31, 2026. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp; Invesco S&P Emerging Markets Low Volatility ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $69263442 | &nbsp;&nbsp;&nbsp; $372130854 | &nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp; $441394296 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 498380 | &nbsp;&nbsp;&nbsp; 14512091 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 15010471 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp; 69761822 | &nbsp;&nbsp;&nbsp; 386642945 | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp; 456404767 |
| **Other Investments - Assets\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures Contracts | &nbsp;&nbsp;&nbsp; 132220 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 132220 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $69894042 | &nbsp;&nbsp;&nbsp; $386642945 | &nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp; $456536987 |
| &nbsp;&nbsp; Invesco S&P Emerging Markets Momentum ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $518879 | &nbsp;&nbsp;&nbsp; $11518367 | &nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp; $12037246 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 16748 | &nbsp;&nbsp;&nbsp; 1309811 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 1326559 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $535627 | &nbsp;&nbsp;&nbsp; $12828178 | &nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp; $13363805 |
| &nbsp;&nbsp; Invesco S&P International Developed Low Volatility ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $43833692 | &nbsp;&nbsp;&nbsp; $286662158 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $330495850 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 191696 | &nbsp;&nbsp;&nbsp; 33462571 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 33654267 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $44025388 | &nbsp;&nbsp;&nbsp; $320124729 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $364150117 |
| &nbsp;&nbsp; Invesco S&P International Developed Momentum ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $601685411 | &nbsp;&nbsp;&nbsp; $2327892837 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $2929578248 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 3611885 | &nbsp;&nbsp;&nbsp; 74372301 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 77984186 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $605297296 | &nbsp;&nbsp;&nbsp; $2402265138 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $3007562434 |

---

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

\* Futures contracts is valued at unrealized appreciation (depreciation).

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust II

- **b. Investment Company Act file number:** 811-21977

- **c. CIK number of Registrant:** 0001378872

- **d. LEI of Registrant:** O540V2L4S174Y60FMD36

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco S&P Emerging Markets Low Volatility ETF

- **b. EDGAR series identifier (if any):** S000034749

- **c. LEI of Series:** 549300GNOVL6PZKC5748

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $458164372.04

**Total Liabilities:** $14617669.65

**Net Assets:** $443546702.39

**Cash Not Reported:** $114019.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000106972 | 0.48%                | 2.17%                | 5.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $721083.36               | $649134.51                                 |
| Month 2  | $5894473.68              | $1328579.74                                |
| Month 3  | $-0.02                   | $21977810.62                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Taiwan Mobile Co., Ltd.                                  | Taiwan Mobile Co., Ltd.                                    | CUSIP: Y84153215<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    778800 | NS      | $2611343.97   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Alinma Bank                                              | Alinma Bank                                                | CUSIP: N/A<br>LEI: 558600HPAUTN6XSVBK93       | Long             | EC               | CORP              | SA        |    322818 | NS      | $2452059.15   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Hengan International Group Co. Ltd.                      | Hengan International Group Co. Ltd.                        | CUSIP: G4402L151<br>LEI: 836800BJ50PZSWGXZA86 | Long             | EC               | CORP              | KY        |    570500 | NS      | $2062889.85   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel Chile S.A.                                          | Enel Chile S.A.                                            | CUSIP: N/A<br>LEI: 549300YM5CWCAUVOPB53       | Long             | EC               | CORP              | CL        |  27493208 | NS      | $2359539.61   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Komercni banka, A.S.                                     | Komercni banka, A.S.                                       | CUSIP: X45471111<br>LEI: IYKCAVNFR8QGF00HV840 | Long             | EC               | CORP              | CZ        |     36184 | NS      | $2200957.73   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel Americas S.A.                                       | Enel Americas S.A.                                         | CUSIP: P37186106<br>LEI: 549300LKH11TFCJLZK20 | Long             | EC               | CORP              | CL        |  21913944 | NS      | $2094225.03   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Tenaga Nasional Bhd.                                     | Tenaga Nasional Bhd.                                       | CUSIP: Y85859109<br>LEI: 549300FV8X6UID6I1413 | Long             | EC               | CORP              | MY        |    745372 | NS      | $2637212.36   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Asia Cement Corp.                                        | Asia Cement Corp.                                          | CUSIP: Y0275F107<br>LEI: 213800EFQXH43HMGJL59 | Long             | EC               | CORP              | TW        |   1644872 | NS      | $1835363.70   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| China Zheshang Bank Co., Ltd.                            | China Zheshang Bank Co., Ltd., H Shares                    | CUSIP: Y1R658106<br>LEI: 300300C1031633000208 | Long             | EC               | CORP              | CN        |   5872000 | NS      | $1881486.64   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuanta Financial Holding Co., Ltd.                       | Yuanta Financial Holding Co., Ltd.                         | CUSIP: Y2169H108<br>LEI: 21380045JG57LJEFFE13 | Long             | EC               | CORP              | TW        |   1424000 | NS      | $1939817.33   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Power Corp. S.A.                                  | Public Power Corp. S.A.                                    | CUSIP: N/A<br>LEI: 213800T9Y5XCOVRZ4Y57       | Long             | EC               | CORP              | GR        |     81169 | NS      | $1925481.17   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| SinoPac Financial Holdings Co., Ltd.                     | SinoPac Financial Holdings Co., Ltd.                       | CUSIP: Y8009U100<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   2084260 | NS      | $1887889.13   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Kasikornbank PCL                                         | Kasikornbank PCL, NVDR                                     | CUSIP: Y4591R126<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |    350565 | NS      | $2093753.58   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica Brasil S.A.                                   | Telefonica Brasil S.A.                                     | CUSIP: P9T369176<br>LEI: 529900MTGG2HSDBIWG79 | Long             | EC               | CORP              | BR        |    285280 | NS      | $2036799.65   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Hellenic Telecommunications Organization S.A.            | Hellenic Telecommunications Organization S.A.              | CUSIP: X3258B102<br>LEI: ELPUFM0XZRZO4LFXW404 | Long             | EC               | CORP              | GR        |    100242 | NS      | $1886903.84   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| FirstRand Ltd.                                           | FirstRand Ltd.                                             | CUSIP: S5202Z131<br>LEI: 529900XYOP8CUZU7R671 | Long             | EC               | CORP              | ZA        |    328519 | NS      | $1887407.73   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Huaneng Power International, Inc.                        | Huaneng Power International, Inc., H Shares                | CUSIP: Y3744A105<br>LEI: 529900WU0SMVKMPG4V21 | Long             | EC               | CORP              | CN        |   2208000 | NS      | $1610356.26   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Malayan Banking Bhd.                                     | Malayan Banking Bhd.                                       | CUSIP: Y54671105<br>LEI: 5493004OT3TOY404V310 | Long             | EC               | CORP              | MY        |   1288292 | NS      | $3855702.72   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Bid Corp. Ltd.                                           | Bid Corp. Ltd.                                             | CUSIP: S11881109<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     97414 | NS      | $2451293.24   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Far EasTone Telecommunications Co., Ltd.                 | Far EasTone Telecommunications Co., Ltd.                   | CUSIP: Y7540C108<br>LEI: 529900L7W7BWDLVZL253 | Long             | EC               | CORP              | TW        |    740810 | NS      | $2083988.64   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Power Holdings Co., Ltd.                 | China Resources Power Holdings Co., Ltd.                   | CUSIP: Y1503A100<br>LEI: 529900K60FC0AI053735 | Long             | EC               | CORP              | HK        |    804000 | NS      | $1831932.38   | 0.41%             |  |  |  | No            |                  2 | On Loan: —       |
| ICICI Bank Ltd.                                          | ICICI Bank Ltd., ADR                                       | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     73905 | NS      | $2164677.45   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie Brasil Energia S.A.                                | Engie Brasil Energia S.A.                                  | CUSIP: P37625103<br>LEI: 52990057Q0EK2Q9YBC07 | Long             | EC               | CORP              | BR        |    348340 | NS      | $2180306.14   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Bank Bhd.                                         | Public Bank Bhd.                                           | CUSIP: Y71497104<br>LEI: 549300L2RSQCVMOHGM20 | Long             | EC               | CORP              | MY        |   2295600 | NS      | $2837347.04   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Motor Oil (Hellas) Corinth Refineries S.A.               | Motor Oil (Hellas) Corinth Refineries S.A.                 | CUSIP: N/A<br>LEI: 213800U3Y9UL7Y4QVM11       | Long             | EC               | CORP              | GR        |     51176 | NS      | $2067974.49   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Far Eastern New Century Corp.                            | Far Eastern New Century Corp.                              | CUSIP: Y24374103<br>LEI: 254900CDLU5OS06M6K24 | Long             | EC               | CORP              | TW        |   1923000 | NS      | $1693171.99   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| President Chain Store Corp.                              | President Chain Store Corp.                                | CUSIP: Y7082T105<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    363000 | NS      | $2464834.33   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Porto Seguro S.A.                                        | Porto Seguro S.A.                                          | CUSIP: P7905C107<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    195200 | NS      | $1873126.61   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Postal Savings Bank of China Co., Ltd.                   | Postal Savings Bank of China Co., Ltd., H Shares           | CUSIP: Y6987V108<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |   2797000 | NS      | $1824212.23   | 0.41%             |  |  |  | No            |                  2 | On Loan: —       |
| X5 Retail Group N.V.                                     | X5 Retail Group N.V., GDR                                  | CUSIP: 98387E205<br>LEI: 213800J17UJJJDGUVF56 | Long             | EC               | CORP              | NL        |     51546 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| China Resources Pharmaceutical Group Ltd.                | China Resources Pharmaceutical Group Ltd.                  | CUSIP: Y1511B108<br>LEI: 3003004H1KDKMJ8JD874 | Long             | EC               | CORP              | HK        |   3164000 | NS      | $1842590.32   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Expressway Co. Ltd.                              | Jiangsu Expressway Co. Ltd., H Shares                      | CUSIP: Y4443L103<br>LEI: 529900UWWTWZ6AKLYD43 | Long             | EC               | CORP              | CN        |   1526000 | NS      | $2013928.42   | 0.45%             |  |  |  | No            |                  2 | On Loan: —       |
| Bank of China Ltd.                                       | Bank of China Ltd., H Shares                               | CUSIP: N/A<br>LEI: 54930053HGCFWVHYZX42       | Long             | EC               | CORP              | CN        |   3662309 | NS      | $2187742.04   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| IOI Corp. Bhd.                                           | IOI Corp. Bhd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |   2415900 | NS      | $2439565.03   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan High Speed Rail Corp.                             | Taiwan High Speed Rail Corp.                               | CUSIP: Y8421F103<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   3187000 | NS      | $2765752.63   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Bank PCL                                         | Bangkok Bank PCL, NVDR                                     | CUSIP: Y06070109<br>LEI: 549300CCL2BKJGMYXV60 | Long             | EC               | CORP              | TH        |    435789 | NS      | $2186138.03   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Advanced Info Service PCL                                | Advanced Info Service PCL, NVDR                            | CUSIP: Y0014U175<br>LEI: 529900DU2YW1NO5RMU78 | Long             | EC               | CORP              | TH        |    192948 | NS      | $2139870.99   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion Corp.                                              | Orion Corp.                                                | CUSIP: Y6S90M128<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     25390 | NS      | $2066763.16   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| MOL Hungarian Oil & Gas PLC                              | MOL Hungarian Oil & Gas PLC                                | CUSIP: X5S32S129<br>LEI: 213800R83KX5FQFGXS67 | Long             | EC               | CORP              | HU        |    236091 | NS      | $2898766.74   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzano S.A.                                              | Suzano S.A.                                                | CUSIP: P8T20U187<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |    217700 | NS      | $2051196.34   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SD Guthrie Bhd.                                          | SD Guthrie Bhd.                                            | CUSIP: Y7962H106<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   1614100 | NS      | $2389489.16   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Abu Dhabi National Oil Co. for Distribution PJSC         | Abu Dhabi National Oil Co. for Distribution PJSC           | CUSIP: M0153H103<br>LEI: 213800YI1ZIOJB3HLB11 | Long             | EC               | CORP              | AE        |   2483134 | NS      | $2772150.20   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander Chile                                    | Banco Santander Chile                                      | CUSIP: P1506A107<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | EC               | CORP              | CL        |  31009480 | NS      | $2760984.62   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Credito e Inversiones S.A.                      | Banco de Credito e Inversiones S.A.                        | CUSIP: P32133111<br>LEI: 549300E9E5Y3PKW24142 | Long             | EC               | CORP              | CL        |     31122 | NS      | $2341289.75   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Chile                                           | Banco de Chile                                             | CUSIP: P0939W108<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |  12069796 | NS      | $2691409.98   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Empresas Copec S.A.                                      | Empresas Copec S.A.                                        | CUSIP: P7847L108<br>LEI: 549300Q3IDJYG6Z7PA50 | Long             | EC               | CORP              | CL        |    255258 | NS      | $2202699.74   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Fomento Economico Mexicano, S.A.B. de C.V.               | Fomento Economico Mexicano, S.A.B. de C.V., Series CPO     | CUSIP: N/A<br>LEI: 549300A8MDWDJNMLV153       | Long             | EC               | CORP              | MX        |    181735 | NS      | $1910904.71   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Embotelladora Andina S.A.                                | Embotelladora Andina S.A., Preference Shares               | CUSIP: P3697S103<br>LEI: 254900NNPKP1J9XTSA53 | Long             | EP               | CORP              | CL        |    390424 | NS      | $2076047.00   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Itausa S.A.                                              | Itausa S.A., Preference Shares                             | CUSIP: P5887P427<br>LEI: N/A                  | Long             | EP               | CORP              | BR        |    947492 | NS      | $2472088.44   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly Clark De Mexico S.A.B. de C.V.                  | Kimberly Clark De Mexico S.A.B. de C.V., Class A           | CUSIP: P60694117<br>LEI: 549300JGHL56QT00KT54 | Long             | EC               | CORP              | MX        |    834711 | NS      | $1862665.75   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Falabella S.A.                                           | Falabella S.A.                                             | CUSIP: P3880F108<br>LEI: 5493004CKJQ7H391LM41 | Long             | EC               | CORP              | CL        |    260037 | NS      | $2043056.02   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| GEK TERNA Holdings S.A.                                  | GEK TERNA Holdings S.A.                                    | CUSIP: X3125P102<br>LEI: 2138003TO2MTRHWVP686 | Long             | EC               | CORP              | GR        |     69475 | NS      | $2744576.69   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| HELLENiQ ENERGY Holdings S.A.                            | HELLENiQ ENERGY Holdings S.A.                              | CUSIP: X3234A111<br>LEI: 213800YUBJMZYR1SNG35 | Long             | EC               | CORP              | GR        |    176428 | NS      | $1905653.20   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| AMMB Holdings Bhd.                                       | AMMB Holdings Bhd.                                         | CUSIP: N/A<br>LEI: 254900R0GQB7U67SCH62       | Long             | EC               | CORP              | MY        |   1418800 | NS      | $2320462.16   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Business Bank                                     | Taiwan Business Bank                                       | CUSIP: Y8414R106<br>LEI: 254900930YMK9AXL9O17 | Long             | EC               | CORP              | TW        |   4171340 | NS      | $2032589.67   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Bidvest Group Ltd. (The)                                 | Bidvest Group Ltd. (The)                                   | CUSIP: S1201R162<br>LEI: 5299002ARE4TRMIRGM72 | Long             | EC               | CORP              | ZA        |    127514 | NS      | $1858460.47   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Clicks Group Ltd.                                        | Clicks Group Ltd.                                          | CUSIP: S17249111<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |    110365 | NS      | $2214694.60   | 0.50%             |  |  |  | No            |                  2 | On Loan: —       |
| Discovery Ltd.                                           | Discovery Ltd.                                             | CUSIP: S2192Y109<br>LEI: 378900245A26169C8132 | Long             | EC               | CORP              | ZA        |    131006 | NS      | $1924008.76   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Chang Hwa Commercial Bank, Ltd.                          | Chang Hwa Commercial Bank, Ltd.                            | CUSIP: N/A<br>LEI: 549300FHFNGCSKDTHT42       | Long             | EC               | CORP              | TW        |   3977014 | NS      | $2574337.09   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Commercial International Bank-Egypt (CIB) S.A.E.         | Commercial International Bank-Egypt (CIB) S.A.E.           | CUSIP: M25561107<br>LEI: 213800FIIXJAMEVRIH48 | Long             | EC               | CORP              | EG        |    954954 | NS      | $2722126.45   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| RHB Bank Bhd.                                            | RHB Bank Bhd.                                              | CUSIP: Y72783106<br>LEI: 549300ZHRPSV7QIUJT80 | Long             | EC               | CORP              | MY        |   1543300 | NS      | $3307405.44   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Remgro Ltd.                                              | Remgro Ltd.                                                | CUSIP: S6873K106<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |    170816 | NS      | $1947097.07   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Uplus Corp.                                           | LG Uplus Corp.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    169433 | NS      | $1882343.05   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Absa Group Ltd.                                          | Absa Group Ltd.                                            | CUSIP: S0270C106<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |    132540 | NS      | $2103646.58   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Hua Nan Financial Holdings Co., Ltd.                     | Hua Nan Financial Holdings Co., Ltd.                       | CUSIP: Y3813L107<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   2226417 | NS      | $2335578.43   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Hotai Motor Co., Ltd.                                    | Hotai Motor Co., Ltd.                                      | CUSIP: Y37225102<br>LEI: 254900ZL0NDWNH1MNQ51 | Long             | EC               | CORP              | TW        |     88000 | NS      | $1516925.25   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Plaza S.A.                                               | Plaza S.A.                                                 | CUSIP: P7898L106<br>LEI: 254900IOKBBI6NWAPK83 | Long             | EC               | CORP              | CL        |    535670 | NS      | $2358517.37   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| E. Sun Financial Holding Co., Ltd.                       | E. Sun Financial Holding Co., Ltd.                         | CUSIP: Y23469102<br>LEI: 549300X6CNQE512OPC90 | Long             | EC               | CORP              | TW        |   1977292 | NS      | $2093821.73   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Hong Leong Bank Bhd.                                     | Hong Leong Bank Bhd.                                       | CUSIP: Y36503103<br>LEI: 549300BUPYUQGB5BFX94 | Long             | EC               | CORP              | MY        |    505700 | NS      | $3309423.83   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Mega Financial Holding Co., Ltd.                         | Mega Financial Holding Co., Ltd.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1704012 | NS      | $2095338.87   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial Bank of Korea                                 | Industrial Bank of Korea                                   | CUSIP: Y3994L108<br>LEI: 988400RBIWE3YA18PK12 | Long             | EC               | CORP              | KR        |    133547 | NS      | $2051803.51   | 0.46%             |  |  |  | No            |                  2 | On Loan: —       |
| Kuala Lumpur Kepong Bhd.                                 | Kuala Lumpur Kepong Bhd.                                   | CUSIP: N/A<br>LEI: 2549009JSTRFMR7A8D34       | Long             | EC               | CORP              | MY        |    497800 | NS      | $2463549.69   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| CTBC Financial Holding Co., Ltd.                         | CTBC Financial Holding Co., Ltd.                           | CUSIP: Y15093100<br>LEI: 549300IWDYIFW6JXM387 | Long             | EC               | CORP              | TW        |   1296000 | NS      | $2088044.70   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| First Financial Holding Co., Ltd.                        | First Financial Holding Co., Ltd.                          | CUSIP: Y2518F100<br>LEI: 529900BC1U046Q2GUZ64 | Long             | EC               | CORP              | TW        |   2408970 | NS      | $2199192.73   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT PCL                                                  | PTT PCL, NVDR                                              | CUSIP: Y6883U121<br>LEI: 549300QOGMPTKB6W7G56 | Long             | EC               | CORP              | TH        |   2058123 | NS      | $2221717.45   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Uni-President Enterprises Corp.                          | Uni-President Enterprises Corp.                            | CUSIP: Y91475106<br>LEI: 254900DAXBDMVEXU5959 | Long             | EC               | CORP              | TW        |    860181 | NS      | $1956932.74   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Petronas Gas Bhd.                                        | Petronas Gas Bhd.                                          | CUSIP: Y6885J116<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    583900 | NS      | $2722621.13   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Shoprite Holdings Ltd.                                   | Shoprite Holdings Ltd.                                     | CUSIP: S76263102<br>LEI: 529900Q4O1EYP6NH5150 | Long             | EC               | CORP              | ZA        |    120113 | NS      | $1996109.22   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Malaysia Bhd.                                    | Telekom Malaysia Bhd.                                      | CUSIP: Y8578H118<br>LEI: 254900SNFPTSDGGVEK77 | Long             | EC               | CORP              | MY        |   1031000 | NS      | $2068041.89   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Cencosud S.A.                                            | Cencosud S.A.                                              | CUSIP: N/A<br>LEI: 549300NLTGCFV7482429       | Long             | EC               | CORP              | CL        |    575394 | NS      | $1949057.83   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| China Power International Development Ltd.               | China Power International Development Ltd.                 | CUSIP: Y1508G102<br>LEI: 529900MDOW3M0UV2ST42 | Long             | EC               | CORP              | HK        |   4684000 | NS      | $1954460.58   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| CPFL Energia S.A.                                        | CPFL Energia S.A.                                          | CUSIP: N/A<br>LEI: 529900GBWSBDXN8GGM28       | Long             | EC               | CORP              | BR        |    243000 | NS      | $2388436.74   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Arab National Bank                                       | Arab National Bank                                         | CUSIP: M1454X102<br>LEI: 213800CYWGYQVT1ZBQ57 | Long             | EC               | CORP              | SA        |    289734 | NS      | $1758468.85   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Banque Saudi Fransi                                      | Banque Saudi Fransi                                        | CUSIP: M1R177100<br>LEI: 558600N07EDF4ATYR106 | Long             | EC               | CORP              | SA        |    439579 | NS      | $2115961.75   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Riyad Bank                                               | Riyad Bank                                                 | CUSIP: M8215R118<br>LEI: 54930037RJ782ISGGM71 | Long             | EC               | CORP              | SA        |    260167 | NS      | $1952465.41   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanlam Ltd.                                              | Sanlam Ltd.                                                | CUSIP: S7302C137<br>LEI: 37890014418406D9FC23 | Long             | EC               | CORP              | ZA        |    321861 | NS      | $2030958.76   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Energetica De Minas Gerais-Cemig                     | Cia Energetica De Minas Gerais-Cemig, Preference Shares    | CUSIP: P2577R110<br>LEI: 254900W703PXLDSEM056 | Long             | EP               | CORP              | BR        |    910200 | NS      | $1995797.19   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Estado de Sao Paulo - SABESP | Cia de Saneamento Basico do Estado de Sao Paulo - SABESP   | CUSIP: P2R268136<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |     71116 | NS      | $1918232.22   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Empresas CMPC S.A.                                       | Empresas CMPC S.A.                                         | CUSIP: P3712V107<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |   1121078 | NS      | $1701345.33   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola FEMSA, S.A.B. de C.V.                          | Coca-Cola FEMSA, S.A.B. de C.V., Series CPO                | CUSIP: N/A<br>LEI: 5493008KEVFYPMGTXO33       | Long             | EC               | CORP              | MX        |    190775 | NS      | $2010137.46   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Jarir Marketing Co.                                      | Jarir Marketing Co.                                        | CUSIP: M6185P112<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |    917663 | NS      | $3491088.59   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodacom Group                                            | Vodacom Group                                              | CUSIP: S9453B108<br>LEI: 37890012A8DC24B8D663 | Long             | EC               | CORP              | ZA        |    228797 | NS      | $2125806.01   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Basic Industries Corp.                             | Saudi Basic Industries Corp.                               | CUSIP: M8T36U109<br>LEI: 213800ZCTFZZZJSK8645 | Long             | EC               | CORP              | SA        |    158104 | NS      | $2396172.54   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Telecom Co.                                        | Saudi Telecom Co.                                          | CUSIP: M8T596104<br>LEI: 21380028ATJ79OTA9W17 | Long             | EC               | CORP              | SA        |    236404 | NS      | $2806302.36   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Banking and Investment Corp.                    | Al Rajhi Banking and Investment Corp.                      | CUSIP: M0R60D105<br>LEI: 558600BQZS4Y1DTU8589 | Long             | EC               | CORP              | SA        |     79573 | NS      | $2272311.36   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Electricity Co.                                    | Saudi Electricity Co.                                      | CUSIP: M8T51J104<br>LEI: 549300FXO4ZXUIAXGP41 | Long             | EC               | CORP              | SA        |    622025 | NS      | $2387931.04   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates Telecommunications Group Co. PJSC               | Emirates Telecommunications Group Co. PJSC                 | CUSIP: M4040L103<br>LEI: 529900XDPQPWEQ9BGB80 | Long             | EC               | CORP              | AE        |    479874 | NS      | $2573885.30   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Industries Qatar Q.P.S.C.                                | Industries Qatar Q.P.S.C.                                  | CUSIP: M56303106<br>LEI: 2763E5KI3B6J7HLSFX16 | Long             | EC               | CORP              | QA        |    757553 | NS      | $2644220.33   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| First Abu Dhabi Bank PJSC                                | First Abu Dhabi Bank PJSC                                  | CUSIP: M7080Z114<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | EC               | CORP              | AE        |    367224 | NS      | $1860552.27   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| SABIC Agri-Nutrients Co.                                 | SABIC Agri-Nutrients Co.                                   | CUSIP: M8T36M107<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     70907 | NS      | $2362413.30   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Dubai Islamic Bank PJSC                                  | Dubai Islamic Bank PJSC                                    | CUSIP: M2888J107<br>LEI: 5493003E7YRAQY3JGW88 | Long             | EC               | CORP              | AE        |    879413 | NS      | $2313445.59   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Qatar National Bank (Q.P.S.C.)                           | Qatar National Bank (Q.P.S.C.)                             | CUSIP: M81802106<br>LEI: 549300FFSRVBS0SQXY75 | Long             | EC               | CORP              | QA        |    537987 | NS      | $2931167.42   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobile Telecommunications Co. K.S.C.P.                   | Mobile Telecommunications Co. K.S.C.P.                     | CUSIP: M7034R101<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   1643249 | NS      | $2739824.57   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Qatar Gas Transport Co. Ltd. (Nakilat) (QPSC)            | Qatar Gas Transport Co. Ltd. (Nakilat) (QPSC)              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | QA        |   1769154 | NS      | $2330235.77   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuwait Finance House K.S.C.P.                            | Kuwait Finance House K.S.C.P.                              | CUSIP: N/A<br>LEI: 2549007KX0N057S9BC98       | Long             | EC               | CORP              | KW        |   1376987 | NS      | $3625886.28   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Qatar Islamic Bank Q.P.S.C                               | Qatar Islamic Bank Q.P.S.C                                 | CUSIP: M8179Y109<br>LEI: 254900CFGPXJI71OHT95 | Long             | EC               | CORP              | QA        |    321852 | NS      | $2210450.98   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Ooredoo Q.P.S.C.                                         | Ooredoo Q.P.S.C.                                           | CUSIP: M8180V102<br>LEI: 549300D3EIDZJB62TR20 | Long             | EC               | CORP              | QA        |    535681 | NS      | $2106447.61   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Commercial Bank (P.S.Q.C.) (The)                         | Commercial Bank (P.S.Q.C.) (The)                           | CUSIP: M25354107<br>LEI: 2138004FUUD4I7X8H721 | Long             | EC               | CORP              | QA        |   1831181 | NS      | $2393496.40   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Almarai Co. JSC                                          | Almarai Co. JSC                                            | CUSIP: N/A<br>LEI: 549300B4EDUXYD2G6098       | Long             | EC               | CORP              | SA        |    190154 | NS      | $2243134.70   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Burgan Bank K.P.S.C.                                     | Burgan Bank K.P.S.C.                                       | CUSIP: M20497109<br>LEI: 558600NC81HKXMFSTY52 | Long             | EC               | CORP              | KW        |   2538204 | NS      | $1648145.42   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Mabanee Co. K.P.S.C.                                     | Mabanee Co. K.P.S.C.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KW        |    611274 | NS      | $2001917.37   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Kuwait K.S.C.                           | National Bank of Kuwait K.S.C.                             | CUSIP: N/A<br>LEI: 549300NB7FE83IH6BW96       | Long             | EC               | CORP              | KW        |    685821 | NS      | $2126319.97   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Yanbu National Petrochemical Co.                         | Yanbu National Petrochemical Co., Class A                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |    249582 | NS      | $1797681.25   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Gulf Bank K.S.C.P.                                       | Gulf Bank K.S.C.P.                                         | CUSIP: N/A<br>LEI: 254900600P224MZQZD69       | Long             | EC               | CORP              | KW        |   1811247 | NS      | $2034775.76   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rayan Bank                                            | Al Rayan Bank                                              | CUSIP: M6850J102<br>LEI: 254900KFL51VLXABR231 | Long             | EC               | CORP              | QA        |   5277030 | NS      | $3296455.27   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Arabia PJSC                                          | Air Arabia PJSC                                            | CUSIP: M0367N110<br>LEI: 21380058Y5RCZI2HBX17 | Long             | EC               | CORP              | AE        |   1461434 | NS      | $1983323.10   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Neoenergia S.A.                                          | Neoenergia S.A.                                            | CUSIP: P7133Y111<br>LEI: 959800B3RXPMGEZ1W429 | Long             | EC               | CORP              | BR        |    290100 | NS      | $1795272.70   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Arabian Oil Co.                                    | Saudi Arabian Oil Co.                                      | CUSIP: N/A<br>LEI: 5586006WD91QHB7J4X50       | Long             | EC               | CORP              | SA        |    452516 | NS      | $3110697.08   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| CEZ, a. s.                                               | CEZ, a. s.                                                 | CUSIP: X2337V121<br>LEI: 529900S5R9YHJHYKKG94 | Long             | EC               | CORP              | CZ        |     41216 | NS      | $2378899.87   | 0.54%             |  |  |  | No            |                  2 | On Loan: —       |
| Invesco Government & Agency Portfolio                    | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |    498380 | NS      | $498379.78    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund                          | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   4035404 | NS      | $4035403.78   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Dr. Sulaiman Al Habib Medical Services Group Co.         | Dr. Sulaiman Al Habib Medical Services Group Co., Class H  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |     28177 | NS      | $1965116.62   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Private Prime Fund                               | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  10476687 | NS      | $10476687.06  | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| TIM S.A.                                                 | TIM S.A.                                                   | CUSIP: P9153B104<br>LEI: 529900QI0CH1DN5ZCS77 | Long             | EC               | CORP              | BR        |    397900 | NS      | $1863511.57   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd.                                           | Credicorp Ltd.                                             | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |      6363 | NS      | $2270509.29   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander (Brasil) S.A.                            | Banco Santander (Brasil) S.A., Series CPO                  | CUSIP: P1505Z160<br>LEI: 549300D1H731B30TSI43 | Long             | EC               | CORP              | BR        |    285600 | NS      | $1981261.19   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinopharm Group Co. Ltd.                                 | Sinopharm Group Co. Ltd., H Shares                         | CUSIP: Y8008N107<br>LEI: 529900N54X78YH9JYK92 | Long             | EC               | CORP              | CN        |    723200 | NS      | $1930266.52   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Maxis Bhd.                                               | Maxis Bhd.                                                 | CUSIP: Y58460109<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   2047500 | NS      | $1987026.55   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Caixa Seguridade Participacoes S.A.                      | Caixa Seguridade Participacoes S.A.                        | CUSIP: P1S73N102<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    627401 | NS      | $2074340.10   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ADNOC Drilling Co. PJSC                                  | ADNOC Drilling Co. PJSC, Class C                           | CUSIP: N/A<br>LEI: 254900JPRSQL1PM0JV19       | Long             | EC               | CORP              | AE        |   1135898 | NS      | $1649035.70   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd.                                 | Reliance Industries Ltd., GDR                              | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     28385 | NS      | $1723036.35   | 0.39%             |  |  |  | No            |                  2 | On Loan: —       |
| Nahdi Medical Co.                                        | Nahdi Medical Co.                                          | CUSIP: M7068U103<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     75496 | NS      | $1982304.19   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| QL Resources Bhd.                                        | QL Resources Bhd.                                          | CUSIP: Y7171B106<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   2558000 | NS      | $2607354.73   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Awwal Bank                                         | Saudi Awwal Bank                                           | CUSIP: M8234F111<br>LEI: 558600TQS0WENZUC5190 | Long             | EC               | CORP              | SA        |    222178 | NS      | $2111131.07   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Fertiglobe PLC                                           | Fertiglobe PLC                                             | CUSIP: N/A<br>LEI: 984500A99D1B4CPBF744       | Long             | EC               | CORP              | AE        |   3064294 | NS      | $2262008.24   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| SCB X PCL                                                | SCB X PCL, NVDR                                            | CUSIP: Y8620D438<br>LEI: 254900TG41KIWX7VDO42 | Long             | EC               | CORP              | TH        |    556540 | NS      | $2395792.38   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Dubai Electricity and Water Authority (PJSC)             | Dubai Electricity and Water Authority (PJSC)               | CUSIP: M2R81J103<br>LEI: 213800K4OJF8DKATLT41 | Long             | EC               | CORP              | AE        |   2885500 | NS      | $2373691.74   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| TISCO Financial Group PCL                                | TISCO Financial Group PCL, NVDR                            | CUSIP: N/A<br>LEI: 529900OOUQI3OWX2WU06       | Long             | EC               | CORP              | TH        |   1231442 | NS      | $4398440.43   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Comercial Chedraui, S.A.B. de C.V.                 | Grupo Comercial Chedraui, S.A.B. de C.V.                   | CUSIP: N/A<br>LEI: 4469000001BRXSV0JO96       | Long             | EC               | CORP              | MX        |    253991 | NS      | $1756574.64   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Tadawul Group Holding Co.                          | Saudi Tadawul Group Holding Co.                            | CUSIP: N/A<br>LEI: 894500BXFAWZK686TP37       | Long             | EC               | CORP              | SA        |     38142 | NS      | $1633169.72   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Agricultural Bank of China Ltd.                          | Agricultural Bank of China Ltd., H Shares                  | CUSIP: Y00289119<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |   2406000 | NS      | $1682592.14   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Borouge PLC                                              | Borouge PLC                                                | CUSIP: N/A<br>LEI: 2549001Z4YA6WG9MBM08       | Long             | EC               | CORP              | AE        |   3998095 | NS      | $2841501.25   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Gruma, S.A.B. de C.V.                                    | Gruma, S.A.B. de C.V., Class B                             | CUSIP: P4948K121<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | EC               | CORP              | MX        |    117360 | NS      | $2129014.72   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunway REIT                                              | Sunway REIT                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |   3925500 | NS      | $2575302.27   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd.                                           | HDFC Bank Ltd., ADR                                        | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     59740 | NS      | $1934381.20   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| China Petroleum & Chemical Corp.                         | China Petroleum & Chemical Corp., H Shares                 | CUSIP: Y15010104<br>LEI: 529900A2OB24EZ5B3J19 | Long             | EC               | CORP              | CN        |   3824000 | NS      | $2632504.53   | 0.59%             |  |  |  | No            |                  2 | On Loan: —       |
| OTP Bank Nyrt.                                           | OTP Bank Nyrt.                                             | CUSIP: X60746181<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |     17333 | NS      | $2192695.77   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| NEPI Rockcastle N.V.                                     | NEPI Rockcastle N.V.                                       | CUSIP: N6S06Q108<br>LEI: 549300FMWM53K9ULYT15 | Long             | EC               | CORP              | NL        |    317092 | NS      | $2908571.83   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Salik Co. PJSC                                           | Salik Co. PJSC                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AE        |   1019161 | NS      | $1771041.60   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| OUTsurance Group Ltd.                                    | OUTsurance Group Ltd.                                      | CUSIP: S6815J126<br>LEI: 984500AC307E8L2D9X52 | Long             | EC               | CORP              | ZA        |    432616 | NS      | $1923269.41   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Aramco Base Oil Co.                                | Saudi Aramco Base Oil Co.                                  | CUSIP: M82367109<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     67732 | NS      | $1888089.21   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| JUMBO S.A.                                               | JUMBO S.A.                                                 | CUSIP: X4114P111<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |     54538 | NS      | $1622966.46   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| America Movil, S.A.B. de C.V.                            | America Movil, S.A.B. de C.V., Class B                     | CUSIP: P0280A192<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |   1894010 | NS      | $1966398.81   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| STARLUX Airlines Co., Ltd.                               | STARLUX Airlines Co., Ltd.                                 | CUSIP: N/A<br>LEI: 254900YJTMTNDE0OW924       | Long             | EC               | CORP              | TW        |   2737000 | NS      | $1996144.11   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| ADNOC Gas PLC                                            | ADNOC Gas PLC                                              | CUSIP: M0R823101<br>LEI: 254900O5NS03BDOOM362 | Long             | EC               | CORP              | AE        |   2354862 | NS      | $2316060.46   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ADNOC Logistics & Services                               | ADNOC Logistics & Services                                 | CUSIP: M0R824109<br>LEI: 254900CIXQYSEOFXAB16 | Long             | EC               | CORP              | AE        |   1138069 | NS      | $1739104.79   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| OPAP S.A.                                                | OPAP S.A.                                                  | CUSIP: X3232T104<br>LEI: 213800M4NRGFJCI34834 | Long             | EC               | CORP              | GR        |     83561 | NS      | $1691304.18   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Pharmaceuticals Holding Co., Ltd.               | Shanghai Pharmaceuticals Holding Co., Ltd., H Shares       | CUSIP: Y7685S108<br>LEI: 30030029J1KKCBY19820 | Long             | EC               | CORP              | CN        |   1322000 | NS      | $2015261.93   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                      | MSCI Emerging Markets Index Future                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |        22 | NC      | $132174.46    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding S.A.                               | Itau Unibanco Holding S.A., Preference Shares              | CUSIP: P5968U113<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |    298536 | NS      | $2594455.10   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Cooperative Financial Holding Co., Ltd.           | Taiwan Cooperative Financial Holding Co., Ltd.             | CUSIP: Y8374C107<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   3275642 | NS      | $2448038.30   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| IHH Healthcare Bhd.                                      | IHH Healthcare Bhd.                                        | CUSIP: Y374AH103<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   1319847 | NS      | $2996673.44   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| China Tower Corp. Ltd.                                   | China Tower Corp. Ltd., H Shares                           | CUSIP: Y15076121<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |   1132500 | NS      | $1629915.43   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Motiva Infraestrutura de Mobilidade S.A.                 | Motiva Infraestrutura de Mobilidade S.A.                   | CUSIP: N/A<br>LEI: 254900H4EUL83CCQ6781       | Long             | EC               | CORP              | BR        |    612800 | NS      | $1961690.37   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank AlJazira                                            | Bank AlJazira                                              | CUSIP: M0R43T102<br>LEI: 558600FGNP3JML7WY215 | Long             | EC               | CORP              | SA        |    643044 | NS      | $2147844.97   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Boubyan Bank K.S.C.P                                     | Boubyan Bank K.S.C.P                                       | CUSIP: N/A<br>LEI: 254900D1UAYOAUPGL280       | Long             | EC               | CORP              | KW        |   1176801 | NS      | $2598809.12   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| AXIA Energia                                             | AXIA Energia                                               | CUSIP: N/A<br>LEI: 254900I8KYDELP4B4Z08       | Long             | EC               | CORP              | BR        |    160600 | NS      | $1667794.60   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial and Commercial Bank of China Ltd.             | Industrial and Commercial Bank of China Ltd., H Shares     | CUSIP: Y3990B112<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |   2574089 | NS      | $2135855.43   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Dusit Medical Services PCL                       | Bangkok Dusit Medical Services PCL, NVDR                   | CUSIP: Y06071131<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |   2949962 | NS      | $1881295.44   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| AXIA Energia                                             | AXIA Energia, Preference Shares                            | CUSIP: P2R16K271<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EP               | CORP              | BR        |         0 | NS      | $3.90         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Investments Corp.                                     | SM Investments Corp.                                       | CUSIP: Y80676102<br>LEI: 254900YB8UATFP21AF80 | Long             | EC               | CORP              | PH        |    140356 | NS      | $1668196.85   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| BB Seguridade Participacoes S.A.                         | BB Seguridade Participacoes S.A.                           | CUSIP: P1R1WJ103<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    316000 | NS      | $2251904.77   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Gedeon Richter PLC                                       | Gedeon Richter PLC                                         | CUSIP: X3124S107<br>LEI: 549300J6ZJW5IH4WEE46 | Long             | EC               | CORP              | HU        |     68262 | NS      | $2296034.48   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Growthpoint Properties Ltd.                              | Growthpoint Properties Ltd.                                | CUSIP: S3373C239<br>LEI: 37890019DD1E46632291 | Long             | EC               | CORP              | ZA        |   2183426 | NS      | $2401810.26   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Ambev S.A.                                               | Ambev S.A.                                                 | CUSIP: P0273U106<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |    732186 | NS      | $2076756.42   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd.                                               | Wipro Ltd., ADR                                            | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |    588680 | NS      | $1483473.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| United Plantations Bhd.                                  | United Plantations Bhd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    310100 | NS      | $2375117.65   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Equatorial S.A.                                          | Equatorial S.A.                                            | CUSIP: P3773H104<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    270200 | NS      | $2111828.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp.                            | China Construction Bank Corp., H Shares                    | CUSIP: Y1397N101<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |   1876278 | NS      | $1895117.18   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen International Holdings Ltd.                     | Shenzhen International Holdings Ltd.                       | CUSIP: G8086V146<br>LEI: 5493002NKD14ZZMEJF98 | Long             | EC               | CORP              | BM        |   1616000 | NS      | $1862441.60   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Dr. Reddy's Laboratories Ltd.                            | Dr. Reddy's Laboratories Ltd., ADR                         | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |    126060 | NS      | $1691725.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| MISC Bhd.                                                | MISC Bhd.                                                  | CUSIP: N/A<br>LEI: 9845002055U77FF6B972       | Long             | EC               | CORP              | MY        |   1209200 | NS      | $2452758.21   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Klabin S.A.                                              | Klabin S.A.                                                | CUSIP: P60933135<br>LEI: 254900C8UYA6YUPSDU10 | Long             | EC               | CORP              | BR        |    607104 | NS      | $2221754.05   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Thai Beverage PCL                                        | Thai Beverage PCL                                          | CUSIP: Y8588A103<br>LEI: 529900VZFHQZ684D8L07 | Long             | EC               | CORP              | TH        |   6096587 | NS      | $2306753.47   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Warba Bank K.S.C.P.                                      | Warba Bank K.S.C.P.                                        | CUSIP: N/A<br>LEI: 254900HX6OLMFSO34H53       | Long             | EC               | CORP              | KW        |   1758323 | NS      | $1623942.20   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CIMB Group Holdings Bhd.                                 | CIMB Group Holdings Bhd.                                   | CUSIP: Y1636J101<br>LEI: 549300FYDN5UD7USZW18 | Long             | EC               | CORP              | MY        |    937700 | NS      | $2042979.50   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro S.A. PETROBRAS                       | Petroleo Brasileiro S.A. PETROBRAS, Preference Shares      | CUSIP: N/A<br>LEI: 5493000J801JZRCMFE49       | Long             | EP               | CORP              | BR        |    319100 | NS      | $2301423.16   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co., Ltd.                                     | SK Telecom Co., Ltd.                                       | CUSIP: N/A<br>LEI: 9884003WEA1PHW006037       | Long             | EC               | CORP              | KR        |     66571 | NS      | $3354910.25   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Chunghwa Telecom Co., Ltd.                               | Chunghwa Telecom Co., Ltd.                                 | CUSIP: Y1613J108<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    899137 | NS      | $3812740.88   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Vale S.A.                                                | Vale S.A.                                                  | CUSIP: P9661Q155<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    141200 | NS      | $2274065.57   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank (The)                                | Saudi National Bank (The)                                  | CUSIP: M7S2CL107<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |    186638 | NS      | $2231327.68   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| China CITIC Bank Corp. Ltd.                              | China CITIC Bank Corp. Ltd., H Shares                      | CUSIP: Y1434M116<br>LEI: 300300C1030211000384 | Long             | EC               | CORP              | CN        |   1956000 | NS      | $1822363.00   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Paranaense de Energia - Copel                        | Cia Paranaense de Energia - Copel                          | CUSIP: P30557105<br>LEI: 2549001AS1I9A71VG663 | Long             | EC               | CORP              | BR        |    819100 | NS      | $2062006.47   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental, S.A.B. de C.V.                         | Arca Continental, S.A.B. de C.V.                           | CUSIP: P0448R103<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |    169905 | NS      | $1928926.66   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Zhejiang Expressway Co., Ltd.                            | Zhejiang Expressway Co., Ltd., H Shares                    | CUSIP: Y9891F102<br>LEI: 213800X1ZRKM85U9H438 | Long             | EC               | CORP              | CN        |   1862000 | NS      | $1757714.70   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitec Bank Holdings Ltd.                               | Capitec Bank Holdings Ltd.                                 | CUSIP: S15445109<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      7823 | NS      | $2115651.99   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Taichung Commercial Bank Co. Ltd.                        | Taichung Commercial Bank Co. Ltd.                          | CUSIP: N/A<br>LEI: 549300VNYOLU68FQNE06       | Long             | EC               | CORP              | TW        |   2881916 | NS      | $1830008.05   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Kunlun Energy Co. Ltd.                                   | Kunlun Energy Co. Ltd.                                     | CUSIP: G5320C108<br>LEI: 5299007GRIKP15GM4927 | Long             | EC               | CORP              | BM        |   1962000 | NS      | $2010849.15   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Commercial & Savings Bank, Ltd. (The)           | Shanghai Commercial & Savings Bank, Ltd. (The)             | CUSIP: Y7681K109<br>LEI: 549300TLB5ALPCGBHN23 | Long             | EC               | CORP              | TW        |   1522902 | NS      | $1907665.01   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Westports Holdings Bhd.                                  | Westports Holdings Bhd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |   1362800 | NS      | $2112993.05   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Thanachart Capital PCL                                   | Thanachart Capital PCL, NVDR                               | CUSIP: N/A<br>LEI: 529900VNNYCFS81B3436       | Long             | EC               | CORP              | TH        |   1270320 | NS      | $2380974.56   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| China Gas Holdings Ltd.                                  | China Gas Holdings Ltd.                                    | CUSIP: G2109G103<br>LEI: 254900KTSZLZ21VV8T33 | Long             | EC               | CORP              | BM        |   1821200 | NS      | $1804549.72   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Want Want China Holdings Ltd.                            | Want Want China Holdings Ltd.                              | CUSIP: G9431R103<br>LEI: 5299005HZCEKX4O1J230 | Long             | EC               | CORP              | KY        |   2887000 | NS      | $1741698.63   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| TMBThanachart Bank PCL                                   | TMBThanachart Bank PCL, NVDR                               | CUSIP: Y5771Z135<br>LEI: 549300WKGLXEV3DB7I54 | Long             | EC               | CORP              | TH        |  39347924 | NS      | $2522452.66   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Enterprises Holdings Ltd.                        | Beijing Enterprises Holdings Ltd.                          | CUSIP: Y07702122<br>LEI: 529900896ODARUEY2V26 | Long             | EC               | CORP              | HK        |    464000 | NS      | $2102552.10   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Communications Co., Ltd.                         | Bank of Communications Co., Ltd., H Shares                 | CUSIP: Y06988102<br>LEI: 549300AX1UM10U30HK09 | Long             | EC               | CORP              | CN        |   2418000 | NS      | $2077922.02   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Invesco Exchange-Traded Fund Trust II

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President