# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-26-007407
**Filing Date:** 2026-3
**Character Count:** 209071
**Document Hash:** 1c1726e12de8a5e9c2965eeb56b9fcc4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007407.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007407

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 26805541

**BUSINESS ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Series and Classes Contracts Data

### JPMorgan BetaBuilders Europe ETF (Series ID: S000061994)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000200805 | JPMorgan BetaBuilders Europe ETF | BBEU            |

## Nport-Ex

**JPMorgan BetaBuilders Europe ETF**

**Schedule of Portfolio Investments as of January 31, 2026**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED EXCHANGE-TRADED FUNDS HOLDINGS" <br> LIST ("the List") IS TO BE USED FOR REPORTING PURPOSES <br> ONLY. IT IS NOT TO BE REPRODUCED FOR USE AS <br> ADVERTISING OR SALES LITERATURE WITH THE GENERAL <br> PUBLIC. The list is submitted for the general information of the <br> shareholders of the Fund. It is not authorized for distribution to <br> prospective investors in the Fund unless preceded or accompanied by a <br> prospectus. The list has been created from the books and records of <br> the Fund. Holdings are available 60 days after the fund's fiscal quarter, <br> using a trade date accounting convention, by contacting the appropriate <br> service center. The list is subject to change without notice. The list is <br> for informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2026. |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — 99.3%** | **Common Stocks — 99.3%** | **Common Stocks — 99.3%** |
| **Australia — 1.2%** | **Australia — 1.2%** | **Australia — 1.2%** |
| &nbsp;&nbsp;&nbsp; Glencore plc | &nbsp;&nbsp;&nbsp;&nbsp; 6368095 | &nbsp;&nbsp;&nbsp;&nbsp; 43413573 |
| &nbsp;&nbsp;&nbsp; Rio Tinto plc | &nbsp;&nbsp;&nbsp;&nbsp; 710389 | &nbsp;&nbsp;&nbsp;&nbsp; 64811868 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 108225441 |
| **Austria — 0.6%** | **Austria — 0.6%** | **Austria — 0.6%** |
| &nbsp;&nbsp;&nbsp; ANDRITZ AG | &nbsp;&nbsp;&nbsp;&nbsp; 43130 | &nbsp;&nbsp;&nbsp;&nbsp; 3731799 |
| &nbsp;&nbsp;&nbsp; BAWAG Group AG (a) | &nbsp;&nbsp;&nbsp;&nbsp; 50367 | &nbsp;&nbsp;&nbsp;&nbsp; 8193500 |
| &nbsp;&nbsp;&nbsp; Erste Group Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 198685 | &nbsp;&nbsp;&nbsp;&nbsp; 25830831 |
| &nbsp;&nbsp;&nbsp; OMV AG | &nbsp;&nbsp;&nbsp;&nbsp; 94822 | &nbsp;&nbsp;&nbsp;&nbsp; 5633163 |
| &nbsp;&nbsp;&nbsp; Raiffeisen Bank International AG | &nbsp;&nbsp;&nbsp;&nbsp; 97598 | &nbsp;&nbsp;&nbsp;&nbsp; 4919476 |
| &nbsp;&nbsp;&nbsp; Telekom Austria AG | &nbsp;&nbsp;&nbsp;&nbsp; 57836 | &nbsp;&nbsp;&nbsp;&nbsp; 614946 |
| &nbsp;&nbsp;&nbsp; Verbund AG | &nbsp;&nbsp;&nbsp;&nbsp; 45609 | &nbsp;&nbsp;&nbsp;&nbsp; 3346586 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 52270301 |
| **Belgium — 1.5%** | **Belgium — 1.5%** | **Belgium — 1.5%** |
| &nbsp;&nbsp;&nbsp; Ackermans & van Haaren NV | &nbsp;&nbsp;&nbsp;&nbsp; 14550 | &nbsp;&nbsp;&nbsp;&nbsp; 4304884 |
| &nbsp;&nbsp;&nbsp; Ageas SA | &nbsp;&nbsp;&nbsp;&nbsp; 112980 | &nbsp;&nbsp;&nbsp;&nbsp; 8025018 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev SA | &nbsp;&nbsp;&nbsp;&nbsp; 650294 | &nbsp;&nbsp;&nbsp;&nbsp; 46810150 |
| &nbsp;&nbsp;&nbsp; D'ieteren Group | &nbsp;&nbsp;&nbsp;&nbsp; 13479 | &nbsp;&nbsp;&nbsp;&nbsp; 3070228 |
| &nbsp;&nbsp;&nbsp; Elia Group SA/NV (b) | &nbsp;&nbsp;&nbsp;&nbsp; 28397 | &nbsp;&nbsp;&nbsp;&nbsp; 4111340 |
| &nbsp;&nbsp;&nbsp; Groupe Bruxelles Lambert NV | &nbsp;&nbsp;&nbsp;&nbsp; 53699 | &nbsp;&nbsp;&nbsp;&nbsp; 5081136 |
| &nbsp;&nbsp;&nbsp; KBC Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 166358 | &nbsp;&nbsp;&nbsp;&nbsp; 23442446 |
| &nbsp;&nbsp;&nbsp; Lotus Bakeries NV (b) | &nbsp;&nbsp;&nbsp;&nbsp; 268 | &nbsp;&nbsp;&nbsp;&nbsp; 3159629 |
| &nbsp;&nbsp;&nbsp; Sofina SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 10054 | &nbsp;&nbsp;&nbsp;&nbsp; 2929853 |
| &nbsp;&nbsp;&nbsp; Syensqo SA | &nbsp;&nbsp;&nbsp;&nbsp; 47193 | &nbsp;&nbsp;&nbsp;&nbsp; 3971944 |
| &nbsp;&nbsp;&nbsp; UCB SA | &nbsp;&nbsp;&nbsp;&nbsp; 79966 | &nbsp;&nbsp;&nbsp;&nbsp; 24367697 |
| &nbsp;&nbsp;&nbsp; Warehouses De Pauw CVA, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 118165 | &nbsp;&nbsp;&nbsp;&nbsp; 3348282 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 132622607 |
| **Brazil — 0.0% ^** | **Brazil — 0.0% ^** | **Brazil — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Yara International ASA | &nbsp;&nbsp;&nbsp;&nbsp; 108043 | &nbsp;&nbsp;&nbsp;&nbsp; 4965956 |
| **Chile — 0.1%** | **Chile — 0.1%** | **Chile — 0.1%** |
| &nbsp;&nbsp;&nbsp; Antofagasta plc | &nbsp;&nbsp;&nbsp;&nbsp; 230051 | &nbsp;&nbsp;&nbsp;&nbsp; 11399375 |
| **China — 0.5%** | **China — 0.5%** | **China — 0.5%** |
| &nbsp;&nbsp;&nbsp; Prosus NV | &nbsp;&nbsp;&nbsp;&nbsp; 869505 | &nbsp;&nbsp;&nbsp;&nbsp; 49997644 |
| **Denmark — 2.9%** | **Denmark — 2.9%** | **Denmark — 2.9%** |
| &nbsp;&nbsp;&nbsp; Carlsberg A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 61398 | &nbsp;&nbsp;&nbsp;&nbsp; 8347009 |
| &nbsp;&nbsp;&nbsp; Coloplast A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 95762 | &nbsp;&nbsp;&nbsp;&nbsp; 8163232 |
| &nbsp;&nbsp;&nbsp; Danske Bank A/S | &nbsp;&nbsp;&nbsp;&nbsp; 433551 | &nbsp;&nbsp;&nbsp;&nbsp; 22088569 |
| &nbsp;&nbsp;&nbsp; DSV A/S | &nbsp;&nbsp;&nbsp;&nbsp; 127053 | &nbsp;&nbsp;&nbsp;&nbsp; 35725414 |
| &nbsp;&nbsp;&nbsp; Genmab A/S \* | &nbsp;&nbsp;&nbsp;&nbsp; 41376 | &nbsp;&nbsp;&nbsp;&nbsp; 13479700 |
| &nbsp;&nbsp;&nbsp; Novo Nordisk A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 2111684 | &nbsp;&nbsp;&nbsp;&nbsp; 125390201 |
| &nbsp;&nbsp;&nbsp; Novonesis Novozymes B | &nbsp;&nbsp;&nbsp;&nbsp; 229852 | &nbsp;&nbsp;&nbsp;&nbsp; 14083851 |
| &nbsp;&nbsp;&nbsp; Orsted A/S \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 305668 | &nbsp;&nbsp;&nbsp;&nbsp; 6876081 |
| &nbsp;&nbsp;&nbsp; Pandora A/S | &nbsp;&nbsp;&nbsp;&nbsp; 51952 | &nbsp;&nbsp;&nbsp;&nbsp; 4205184 |
| &nbsp;&nbsp;&nbsp; Tryg A/S | &nbsp;&nbsp;&nbsp;&nbsp; 205260 | &nbsp;&nbsp;&nbsp;&nbsp; 4988435 |
| &nbsp;&nbsp;&nbsp; Vestas Wind Systems A/S | &nbsp;&nbsp;&nbsp;&nbsp; 666988 | &nbsp;&nbsp;&nbsp;&nbsp; 20217347 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 263565023 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Finland — 1.8%** | **Finland — 1.8%** | **Finland — 1.8%** |
| &nbsp;&nbsp;&nbsp; Elisa OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 95433 | &nbsp;&nbsp;&nbsp;&nbsp; 4221485 |
| &nbsp;&nbsp;&nbsp; Fortum OYJ (b) | &nbsp;&nbsp;&nbsp;&nbsp; 290504 | &nbsp;&nbsp;&nbsp;&nbsp; 6862391 |
| &nbsp;&nbsp;&nbsp; Kesko OYJ, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 57897 | &nbsp;&nbsp;&nbsp;&nbsp; 1447820 |
| &nbsp;&nbsp;&nbsp; Kesko OYJ, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 179506 | &nbsp;&nbsp;&nbsp;&nbsp; 4540315 |
| &nbsp;&nbsp;&nbsp; Kone OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 235735 | &nbsp;&nbsp;&nbsp;&nbsp; 16941072 |
| &nbsp;&nbsp;&nbsp; Metso OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 466954 | &nbsp;&nbsp;&nbsp;&nbsp; 9129302 |
| &nbsp;&nbsp;&nbsp; Neste OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 284467 | &nbsp;&nbsp;&nbsp;&nbsp; 7266703 |
| &nbsp;&nbsp;&nbsp; Nokia OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 3354973 | &nbsp;&nbsp;&nbsp;&nbsp; 21609085 |
| &nbsp;&nbsp;&nbsp; Nordea Bank Abp | &nbsp;&nbsp;&nbsp;&nbsp; 2156417 | &nbsp;&nbsp;&nbsp;&nbsp; 41608053 |
| &nbsp;&nbsp;&nbsp; Orion OYJ, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 17985 | &nbsp;&nbsp;&nbsp;&nbsp; 1476730 |
| &nbsp;&nbsp;&nbsp; Orion OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 71007 | &nbsp;&nbsp;&nbsp;&nbsp; 5872145 |
| &nbsp;&nbsp;&nbsp; Sampo OYJ, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1680174 | &nbsp;&nbsp;&nbsp;&nbsp; 18737831 |
| &nbsp;&nbsp;&nbsp; Stora Enso OYJ, Class R (b) | &nbsp;&nbsp;&nbsp;&nbsp; 392470 | &nbsp;&nbsp;&nbsp;&nbsp; 4518112 |
| &nbsp;&nbsp;&nbsp; UPM-Kymmene OYJ (b) | &nbsp;&nbsp;&nbsp;&nbsp; 350574 | &nbsp;&nbsp;&nbsp;&nbsp; 9671684 |
| &nbsp;&nbsp;&nbsp; Wartsila OYJ Abp | &nbsp;&nbsp;&nbsp;&nbsp; 321889 | &nbsp;&nbsp;&nbsp;&nbsp; 13049400 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 166952128 |
| **France — 13.0%** | **France — 13.0%** | **France — 13.0%** |
| &nbsp;&nbsp;&nbsp; Aeroports de Paris SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 23805 | &nbsp;&nbsp;&nbsp;&nbsp; 3145161 |
| &nbsp;&nbsp;&nbsp; Air Liquide SA | &nbsp;&nbsp;&nbsp;&nbsp; 382015 | &nbsp;&nbsp;&nbsp;&nbsp; 71537062 |
| &nbsp;&nbsp;&nbsp; Airbus SE | &nbsp;&nbsp;&nbsp;&nbsp; 389328 | &nbsp;&nbsp;&nbsp;&nbsp; 89136654 |
| &nbsp;&nbsp;&nbsp; Amundi SA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 41368 | &nbsp;&nbsp;&nbsp;&nbsp; 3677994 |
| &nbsp;&nbsp;&nbsp; AXA SA | &nbsp;&nbsp;&nbsp;&nbsp; 1134644 | &nbsp;&nbsp;&nbsp;&nbsp; 51738792 |
| &nbsp;&nbsp;&nbsp; BioMerieux | &nbsp;&nbsp;&nbsp;&nbsp; 29920 | &nbsp;&nbsp;&nbsp;&nbsp; 3474506 |
| &nbsp;&nbsp;&nbsp; BNP Paribas SA | &nbsp;&nbsp;&nbsp;&nbsp; 680737 | &nbsp;&nbsp;&nbsp;&nbsp; 73609832 |
| &nbsp;&nbsp;&nbsp; Bollore SE | &nbsp;&nbsp;&nbsp;&nbsp; 461755 | &nbsp;&nbsp;&nbsp;&nbsp; 2632664 |
| &nbsp;&nbsp;&nbsp; Bouygues SA | &nbsp;&nbsp;&nbsp;&nbsp; 123722 | &nbsp;&nbsp;&nbsp;&nbsp; 6687648 |
| &nbsp;&nbsp;&nbsp; Bureau Veritas SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 207458 | &nbsp;&nbsp;&nbsp;&nbsp; 6678559 |
| &nbsp;&nbsp;&nbsp; Capgemini SE | &nbsp;&nbsp;&nbsp;&nbsp; 112872 | &nbsp;&nbsp;&nbsp;&nbsp; 17537854 |
| &nbsp;&nbsp;&nbsp; Cie de Saint-Gobain SA | &nbsp;&nbsp;&nbsp;&nbsp; 301338 | &nbsp;&nbsp;&nbsp;&nbsp; 29743728 |
| &nbsp;&nbsp;&nbsp; Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;&nbsp;&nbsp; 449464 | &nbsp;&nbsp;&nbsp;&nbsp; 16691133 |
| &nbsp;&nbsp;&nbsp; Credit Agricole SA | &nbsp;&nbsp;&nbsp;&nbsp; 750461 | &nbsp;&nbsp;&nbsp;&nbsp; 16252307 |
| &nbsp;&nbsp;&nbsp; Danone SA | &nbsp;&nbsp;&nbsp;&nbsp; 426723 | &nbsp;&nbsp;&nbsp;&nbsp; 33437993 |
| &nbsp;&nbsp;&nbsp; Dassault Aviation SA | &nbsp;&nbsp;&nbsp;&nbsp; 11961 | &nbsp;&nbsp;&nbsp;&nbsp; 4547274 |
| &nbsp;&nbsp;&nbsp; Dassault Systemes SE | &nbsp;&nbsp;&nbsp;&nbsp; 442334 | &nbsp;&nbsp;&nbsp;&nbsp; 12166318 |
| &nbsp;&nbsp;&nbsp; Engie SA | &nbsp;&nbsp;&nbsp;&nbsp; 1165505 | &nbsp;&nbsp;&nbsp;&nbsp; 34797829 |
| &nbsp;&nbsp;&nbsp; EssilorLuxottica SA | &nbsp;&nbsp;&nbsp;&nbsp; 207556 | &nbsp;&nbsp;&nbsp;&nbsp; 63449055 |
| &nbsp;&nbsp;&nbsp; Hermes International SCA | &nbsp;&nbsp;&nbsp;&nbsp; 22559 | &nbsp;&nbsp;&nbsp;&nbsp; 54276946 |
| &nbsp;&nbsp;&nbsp; Kering SA | &nbsp;&nbsp;&nbsp;&nbsp; 46778 | &nbsp;&nbsp;&nbsp;&nbsp; 14603063 |
| &nbsp;&nbsp;&nbsp; Legrand SA | &nbsp;&nbsp;&nbsp;&nbsp; 173529 | &nbsp;&nbsp;&nbsp;&nbsp; 27705294 |
| &nbsp;&nbsp;&nbsp; L'Oreal SA | &nbsp;&nbsp;&nbsp;&nbsp; 160716 | &nbsp;&nbsp;&nbsp;&nbsp; 73839280 |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp; 170172 | &nbsp;&nbsp;&nbsp;&nbsp; 109829799 |
| &nbsp;&nbsp;&nbsp; Orange SA | &nbsp;&nbsp;&nbsp;&nbsp; 1216529 | &nbsp;&nbsp;&nbsp;&nbsp; 22615323 |
| &nbsp;&nbsp;&nbsp; Pernod Ricard SA | &nbsp;&nbsp;&nbsp;&nbsp; 130884 | &nbsp;&nbsp;&nbsp;&nbsp; 11703215 |
| &nbsp;&nbsp;&nbsp; Publicis Groupe SA | &nbsp;&nbsp;&nbsp;&nbsp; 151050 | &nbsp;&nbsp;&nbsp;&nbsp; 15097190 |
| &nbsp;&nbsp;&nbsp; Safran SA | &nbsp;&nbsp;&nbsp;&nbsp; 231106 | &nbsp;&nbsp;&nbsp;&nbsp; 82572193 |
| &nbsp;&nbsp;&nbsp; Sartorius Stedim Biotech | &nbsp;&nbsp;&nbsp;&nbsp; 17076 | &nbsp;&nbsp;&nbsp;&nbsp; 3815941 |
| &nbsp;&nbsp;&nbsp; Societe Generale SA | &nbsp;&nbsp;&nbsp;&nbsp; 458661 | &nbsp;&nbsp;&nbsp;&nbsp; 40192240 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **France — continued** | **France — continued** | **France — continued** |
| &nbsp;&nbsp;&nbsp; Thales SA | &nbsp;&nbsp;&nbsp;&nbsp; 63827 | &nbsp;&nbsp;&nbsp;&nbsp; 19539100 |
| &nbsp;&nbsp;&nbsp; TotalEnergies SE | &nbsp;&nbsp;&nbsp;&nbsp; 1324284 | &nbsp;&nbsp;&nbsp;&nbsp; 96313540 |
| &nbsp;&nbsp;&nbsp; Veolia Environnement SA | &nbsp;&nbsp;&nbsp;&nbsp; 422468 | &nbsp;&nbsp;&nbsp;&nbsp; 15845592 |
| &nbsp;&nbsp;&nbsp; Vinci SA | &nbsp;&nbsp;&nbsp;&nbsp; 333997 | &nbsp;&nbsp;&nbsp;&nbsp; 48023669 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1176914748 |
| **Germany — 13.5%** | **Germany — 13.5%** | **Germany — 13.5%** |
| &nbsp;&nbsp;&nbsp; adidas AG | &nbsp;&nbsp;&nbsp;&nbsp; 118703 | &nbsp;&nbsp;&nbsp;&nbsp; 21046468 |
| &nbsp;&nbsp;&nbsp; Allianz SE (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 256731 | &nbsp;&nbsp;&nbsp;&nbsp; 113044352 |
| &nbsp;&nbsp;&nbsp; BASF SE | &nbsp;&nbsp;&nbsp;&nbsp; 593364 | &nbsp;&nbsp;&nbsp;&nbsp; 32168633 |
| &nbsp;&nbsp;&nbsp; Bayer AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 609373 | &nbsp;&nbsp;&nbsp;&nbsp; 32230765 |
| &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG (b) | &nbsp;&nbsp;&nbsp;&nbsp; 190023 | &nbsp;&nbsp;&nbsp;&nbsp; 19568634 |
| &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 37115 | &nbsp;&nbsp;&nbsp;&nbsp; 3828248 |
| &nbsp;&nbsp;&nbsp; Beiersdorf AG (b) | &nbsp;&nbsp;&nbsp;&nbsp; 63959 | &nbsp;&nbsp;&nbsp;&nbsp; 7628991 |
| &nbsp;&nbsp;&nbsp; BioNTech SE, ADR \* | &nbsp;&nbsp;&nbsp;&nbsp; 65938 | &nbsp;&nbsp;&nbsp;&nbsp; 7500447 |
| &nbsp;&nbsp;&nbsp; Commerzbank AG | &nbsp;&nbsp;&nbsp;&nbsp; 579425 | &nbsp;&nbsp;&nbsp;&nbsp; 23817105 |
| &nbsp;&nbsp;&nbsp; Continental AG | &nbsp;&nbsp;&nbsp;&nbsp; 71802 | &nbsp;&nbsp;&nbsp;&nbsp; 5650049 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 291527 | &nbsp;&nbsp;&nbsp;&nbsp; 14115436 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 1176817 | &nbsp;&nbsp;&nbsp;&nbsp; 46438506 |
| &nbsp;&nbsp;&nbsp; Deutsche Boerse AG | &nbsp;&nbsp;&nbsp;&nbsp; 122153 | &nbsp;&nbsp;&nbsp;&nbsp; 30932240 |
| &nbsp;&nbsp;&nbsp; Deutsche Post AG | &nbsp;&nbsp;&nbsp;&nbsp; 619424 | &nbsp;&nbsp;&nbsp;&nbsp; 34643460 |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 2212109 | &nbsp;&nbsp;&nbsp;&nbsp; 74234594 |
| &nbsp;&nbsp;&nbsp; Dr Ing hc F Porsche AG (Preference) (a) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 73284 | &nbsp;&nbsp;&nbsp;&nbsp; 3566212 |
| &nbsp;&nbsp;&nbsp; E.ON SE | &nbsp;&nbsp;&nbsp;&nbsp; 1471641 | &nbsp;&nbsp;&nbsp;&nbsp; 31213298 |
| &nbsp;&nbsp;&nbsp; Fresenius SE & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp; 273348 | &nbsp;&nbsp;&nbsp;&nbsp; 15290490 |
| &nbsp;&nbsp;&nbsp; Hannover Rueck SE (b) | &nbsp;&nbsp;&nbsp;&nbsp; 39927 | &nbsp;&nbsp;&nbsp;&nbsp; 11289346 |
| &nbsp;&nbsp;&nbsp; Heidelberg Materials AG | &nbsp;&nbsp;&nbsp;&nbsp; 85053 | &nbsp;&nbsp;&nbsp;&nbsp; 23293533 |
| &nbsp;&nbsp;&nbsp; Henkel AG & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp; 64042 | &nbsp;&nbsp;&nbsp;&nbsp; 5286614 |
| &nbsp;&nbsp;&nbsp; Henkel AG & Co. KGaA (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 108247 | &nbsp;&nbsp;&nbsp;&nbsp; 9509717 |
| &nbsp;&nbsp;&nbsp; Infineon Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp; 840753 | &nbsp;&nbsp;&nbsp;&nbsp; 41098123 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 464113 | &nbsp;&nbsp;&nbsp;&nbsp; 31719454 |
| &nbsp;&nbsp;&nbsp; Merck KGaA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 85922 | &nbsp;&nbsp;&nbsp;&nbsp; 12801757 |
| &nbsp;&nbsp;&nbsp; MTU Aero Engines AG | &nbsp;&nbsp;&nbsp;&nbsp; 33520 | &nbsp;&nbsp;&nbsp;&nbsp; 14902168 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 86164 | &nbsp;&nbsp;&nbsp;&nbsp; 52221984 |
| &nbsp;&nbsp;&nbsp; Rheinmetall AG | &nbsp;&nbsp;&nbsp;&nbsp; 29666 | &nbsp;&nbsp;&nbsp;&nbsp; 62857735 |
| &nbsp;&nbsp;&nbsp; RWE AG | &nbsp;&nbsp;&nbsp;&nbsp; 438785 | &nbsp;&nbsp;&nbsp;&nbsp; 27864564 |
| &nbsp;&nbsp;&nbsp; SAP SE | &nbsp;&nbsp;&nbsp;&nbsp; 683224 | &nbsp;&nbsp;&nbsp;&nbsp; 136486596 |
| &nbsp;&nbsp;&nbsp; Sartorius AG (Preference) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 16661 | &nbsp;&nbsp;&nbsp;&nbsp; 4656632 |
| &nbsp;&nbsp;&nbsp; Siemens AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 488935 | &nbsp;&nbsp;&nbsp;&nbsp; 147819861 |
| &nbsp;&nbsp;&nbsp; Siemens Energy AG \* | &nbsp;&nbsp;&nbsp;&nbsp; 447137 | &nbsp;&nbsp;&nbsp;&nbsp; 76183247 |
| &nbsp;&nbsp;&nbsp; Siemens Healthineers AG (a) | &nbsp;&nbsp;&nbsp;&nbsp; 179350 | &nbsp;&nbsp;&nbsp;&nbsp; 8951990 |
| &nbsp;&nbsp;&nbsp; Talanx AG | &nbsp;&nbsp;&nbsp;&nbsp; 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 5045229 |
| &nbsp;&nbsp;&nbsp; Volkswagen AG (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 137089 | &nbsp;&nbsp;&nbsp;&nbsp; 16629592 |
| &nbsp;&nbsp;&nbsp; Vonovia SE | &nbsp;&nbsp;&nbsp;&nbsp; 547047 | &nbsp;&nbsp;&nbsp;&nbsp; 16017148 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1221553218 |
| **Hong Kong — 0.3%** | **Hong Kong — 0.3%** | **Hong Kong — 0.3%** |
| &nbsp;&nbsp;&nbsp; Prudential plc | &nbsp;&nbsp;&nbsp;&nbsp; 1690754 | &nbsp;&nbsp;&nbsp;&nbsp; 27771051 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Ireland — 0.2%** | **Ireland — 0.2%** | **Ireland — 0.2%** |
| &nbsp;&nbsp;&nbsp; Kerry Group plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 97550 | &nbsp;&nbsp;&nbsp;&nbsp; 8671412 |
| &nbsp;&nbsp;&nbsp; Kingspan Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 103103 | &nbsp;&nbsp;&nbsp;&nbsp; 8977654 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 17649066 |
| **Italy — 5.0%** | **Italy — 5.0%** | **Italy — 5.0%** |
| &nbsp;&nbsp;&nbsp; A2A SpA | &nbsp;&nbsp;&nbsp;&nbsp; 1033074 | &nbsp;&nbsp;&nbsp;&nbsp; 3116580 |
| &nbsp;&nbsp;&nbsp; Banca Mediolanum SpA | &nbsp;&nbsp;&nbsp;&nbsp; 137954 | &nbsp;&nbsp;&nbsp;&nbsp; 3236154 |
| &nbsp;&nbsp;&nbsp; Banca Monte dei Paschi di Siena SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 1284716 | &nbsp;&nbsp;&nbsp;&nbsp; 13327395 |
| &nbsp;&nbsp;&nbsp; Banco BPM SpA | &nbsp;&nbsp;&nbsp;&nbsp; 872343 | &nbsp;&nbsp;&nbsp;&nbsp; 13075829 |
| &nbsp;&nbsp;&nbsp; BPER Banca SpA | &nbsp;&nbsp;&nbsp;&nbsp; 864531 | &nbsp;&nbsp;&nbsp;&nbsp; 12175571 |
| &nbsp;&nbsp;&nbsp; Coca-Cola HBC AG | &nbsp;&nbsp;&nbsp;&nbsp; 134059 | &nbsp;&nbsp;&nbsp;&nbsp; 7280699 |
| &nbsp;&nbsp;&nbsp; Davide Campari-Milano NV | &nbsp;&nbsp;&nbsp;&nbsp; 378497 | &nbsp;&nbsp;&nbsp;&nbsp; 2697625 |
| &nbsp;&nbsp;&nbsp; Enel SpA | &nbsp;&nbsp;&nbsp;&nbsp; 5159858 | &nbsp;&nbsp;&nbsp;&nbsp; 57009010 |
| &nbsp;&nbsp;&nbsp; Eni SpA | &nbsp;&nbsp;&nbsp;&nbsp; 1268085 | &nbsp;&nbsp;&nbsp;&nbsp; 25918559 |
| &nbsp;&nbsp;&nbsp; Ferrari NV | &nbsp;&nbsp;&nbsp;&nbsp; 83581 | &nbsp;&nbsp;&nbsp;&nbsp; 27878102 |
| &nbsp;&nbsp;&nbsp; FinecoBank Banca Fineco SpA | &nbsp;&nbsp;&nbsp;&nbsp; 405898 | &nbsp;&nbsp;&nbsp;&nbsp; 10760458 |
| &nbsp;&nbsp;&nbsp; Generali | &nbsp;&nbsp;&nbsp;&nbsp; 582386 | &nbsp;&nbsp;&nbsp;&nbsp; 23755773 |
| &nbsp;&nbsp;&nbsp; Infrastrutture Wireless Italiane SpA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 209951 | &nbsp;&nbsp;&nbsp;&nbsp; 1856108 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA | &nbsp;&nbsp;&nbsp;&nbsp; 10295846 | &nbsp;&nbsp;&nbsp;&nbsp; 72888328 |
| &nbsp;&nbsp;&nbsp; Leonardo SpA | &nbsp;&nbsp;&nbsp;&nbsp; 266202 | &nbsp;&nbsp;&nbsp;&nbsp; 17789385 |
| &nbsp;&nbsp;&nbsp; Mediobanca Banca di Credito Finanziario SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 74882 | &nbsp;&nbsp;&nbsp;&nbsp; 1567567 |
| &nbsp;&nbsp;&nbsp; Moncler SpA | &nbsp;&nbsp;&nbsp;&nbsp; 142416 | &nbsp;&nbsp;&nbsp;&nbsp; 8297687 |
| &nbsp;&nbsp;&nbsp; Poste Italiane SpA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 304875 | &nbsp;&nbsp;&nbsp;&nbsp; 8029853 |
| &nbsp;&nbsp;&nbsp; Prysmian SpA | &nbsp;&nbsp;&nbsp;&nbsp; 189136 | &nbsp;&nbsp;&nbsp;&nbsp; 22401912 |
| &nbsp;&nbsp;&nbsp; Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;&nbsp; 64617 | &nbsp;&nbsp;&nbsp;&nbsp; 3560355 |
| &nbsp;&nbsp;&nbsp; Snam SpA | &nbsp;&nbsp;&nbsp;&nbsp; 1426542 | &nbsp;&nbsp;&nbsp;&nbsp; 9804178 |
| &nbsp;&nbsp;&nbsp; Telecom Italia SpA \* | &nbsp;&nbsp;&nbsp;&nbsp; 8248984 | &nbsp;&nbsp;&nbsp;&nbsp; 5595563 |
| &nbsp;&nbsp;&nbsp; Telecom Italia SpA \* | &nbsp;&nbsp;&nbsp;&nbsp; 4007383 | &nbsp;&nbsp;&nbsp;&nbsp; 3181969 |
| &nbsp;&nbsp;&nbsp; Terna - Rete Elettrica Nazionale | &nbsp;&nbsp;&nbsp;&nbsp; 934767 | &nbsp;&nbsp;&nbsp;&nbsp; 10129435 |
| &nbsp;&nbsp;&nbsp; UniCredit SpA | &nbsp;&nbsp;&nbsp;&nbsp; 1010851 | &nbsp;&nbsp;&nbsp;&nbsp; 88091681 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 453425776 |
| **Luxembourg — 0.3%** | **Luxembourg — 0.3%** | **Luxembourg — 0.3%** |
| &nbsp;&nbsp;&nbsp; ArcelorMittal SA | &nbsp;&nbsp;&nbsp;&nbsp; 279968 | &nbsp;&nbsp;&nbsp;&nbsp; 15204525 |
| &nbsp;&nbsp;&nbsp; CVC Capital Partners plc (a) | &nbsp;&nbsp;&nbsp;&nbsp; 516591 | &nbsp;&nbsp;&nbsp;&nbsp; 9178155 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 24382680 |
| **Mexico — 0.1%** | **Mexico — 0.1%** | **Mexico — 0.1%** |
| &nbsp;&nbsp;&nbsp; Fresnillo plc | &nbsp;&nbsp;&nbsp;&nbsp; 122475 | &nbsp;&nbsp;&nbsp;&nbsp; 6031473 |
| **Netherlands — 7.1%** | **Netherlands — 7.1%** | **Netherlands — 7.1%** |
| &nbsp;&nbsp;&nbsp; Adyen NV \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 19362 | &nbsp;&nbsp;&nbsp;&nbsp; 28710849 |
| &nbsp;&nbsp;&nbsp; Argenx SE \* | &nbsp;&nbsp;&nbsp;&nbsp; 40932 | &nbsp;&nbsp;&nbsp;&nbsp; 34422643 |
| &nbsp;&nbsp;&nbsp; ASM International NV | &nbsp;&nbsp;&nbsp;&nbsp; 29284 | &nbsp;&nbsp;&nbsp;&nbsp; 24593695 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp; 258048 | &nbsp;&nbsp;&nbsp;&nbsp; 370016586 |
| &nbsp;&nbsp;&nbsp; EXOR NV | &nbsp;&nbsp;&nbsp;&nbsp; 57068 | &nbsp;&nbsp;&nbsp;&nbsp; 4685632 |
| &nbsp;&nbsp;&nbsp; HAL Trust | &nbsp;&nbsp;&nbsp;&nbsp; 23787 | &nbsp;&nbsp;&nbsp;&nbsp; 4390564 |
| &nbsp;&nbsp;&nbsp; Heineken Holding NV | &nbsp;&nbsp;&nbsp;&nbsp; 86883 | &nbsp;&nbsp;&nbsp;&nbsp; 6457940 |
| &nbsp;&nbsp;&nbsp; Heineken NV | &nbsp;&nbsp;&nbsp;&nbsp; 186921 | &nbsp;&nbsp;&nbsp;&nbsp; 15430266 |
| &nbsp;&nbsp;&nbsp; ING Groep NV | &nbsp;&nbsp;&nbsp;&nbsp; 1935264 | &nbsp;&nbsp;&nbsp;&nbsp; 57072726 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Netherlands — continued** | **Netherlands — continued** | **Netherlands — continued** |
| &nbsp;&nbsp;&nbsp; JDE Peet's NV | &nbsp;&nbsp;&nbsp;&nbsp; 103359 | &nbsp;&nbsp;&nbsp;&nbsp; 3891173 |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;&nbsp;&nbsp; 577816 | &nbsp;&nbsp;&nbsp;&nbsp; 22592698 |
| &nbsp;&nbsp;&nbsp; Koninklijke KPN NV | &nbsp;&nbsp;&nbsp;&nbsp; 2581083 | &nbsp;&nbsp;&nbsp;&nbsp; 12640892 |
| &nbsp;&nbsp;&nbsp; Koninklijke Philips NV | &nbsp;&nbsp;&nbsp;&nbsp; 526623 | &nbsp;&nbsp;&nbsp;&nbsp; 15122418 |
| &nbsp;&nbsp;&nbsp; NN Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 177791 | &nbsp;&nbsp;&nbsp;&nbsp; 14093004 |
| &nbsp;&nbsp;&nbsp; Universal Music Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 629365 | &nbsp;&nbsp;&nbsp;&nbsp; 15430490 |
| &nbsp;&nbsp;&nbsp; Wolters Kluwer NV | &nbsp;&nbsp;&nbsp;&nbsp; 152734 | &nbsp;&nbsp;&nbsp;&nbsp; 14342197 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 643893773 |
| **Norway — 0.9%** | **Norway — 0.9%** | **Norway — 0.9%** |
| &nbsp;&nbsp;&nbsp; Aker BP ASA | &nbsp;&nbsp;&nbsp;&nbsp; 203972 | &nbsp;&nbsp;&nbsp;&nbsp; 6004508 |
| &nbsp;&nbsp;&nbsp; DNB Bank ASA | &nbsp;&nbsp;&nbsp;&nbsp; 486478 | &nbsp;&nbsp;&nbsp;&nbsp; 13948960 |
| &nbsp;&nbsp;&nbsp; Equinor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 444172 | &nbsp;&nbsp;&nbsp;&nbsp; 11938690 |
| &nbsp;&nbsp;&nbsp; Gjensidige Forsikring ASA | &nbsp;&nbsp;&nbsp;&nbsp; 125306 | &nbsp;&nbsp;&nbsp;&nbsp; 3566530 |
| &nbsp;&nbsp;&nbsp; Kongsberg Gruppen ASA | &nbsp;&nbsp;&nbsp;&nbsp; 290608 | &nbsp;&nbsp;&nbsp;&nbsp; 9982704 |
| &nbsp;&nbsp;&nbsp; Mowi ASA | &nbsp;&nbsp;&nbsp;&nbsp; 294623 | &nbsp;&nbsp;&nbsp;&nbsp; 6791675 |
| &nbsp;&nbsp;&nbsp; Norsk Hydro ASA | &nbsp;&nbsp;&nbsp;&nbsp; 852089 | &nbsp;&nbsp;&nbsp;&nbsp; 7564748 |
| &nbsp;&nbsp;&nbsp; Orkla ASA | &nbsp;&nbsp;&nbsp;&nbsp; 447677 | &nbsp;&nbsp;&nbsp;&nbsp; 5326624 |
| &nbsp;&nbsp;&nbsp; Salmar ASA | &nbsp;&nbsp;&nbsp;&nbsp; 48066 | &nbsp;&nbsp;&nbsp;&nbsp; 2863314 |
| &nbsp;&nbsp;&nbsp; Storebrand ASA | &nbsp;&nbsp;&nbsp;&nbsp; 274969 | &nbsp;&nbsp;&nbsp;&nbsp; 4811920 |
| &nbsp;&nbsp;&nbsp; Telenor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 413429 | &nbsp;&nbsp;&nbsp;&nbsp; 6954519 |
| &nbsp;&nbsp;&nbsp; Var Energi ASA | &nbsp;&nbsp;&nbsp;&nbsp; 541047 | &nbsp;&nbsp;&nbsp;&nbsp; 1978301 |
| &nbsp;&nbsp;&nbsp; Vend Marketplaces ASA, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 132262 | &nbsp;&nbsp;&nbsp;&nbsp; 3655900 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 85388393 |
| **Poland — 0.8%** | **Poland — 0.8%** | **Poland — 0.8%** |
| &nbsp;&nbsp;&nbsp; Allegro.eu SA \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 415238 | &nbsp;&nbsp;&nbsp;&nbsp; 3411123 |
| &nbsp;&nbsp;&nbsp; Bank Polska Kasa Opieki SA | &nbsp;&nbsp;&nbsp;&nbsp; 139596 | &nbsp;&nbsp;&nbsp;&nbsp; 8489951 |
| &nbsp;&nbsp;&nbsp; Dino Polska SA \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 318072 | &nbsp;&nbsp;&nbsp;&nbsp; 3365058 |
| &nbsp;&nbsp;&nbsp; ING Bank Slaski SA | &nbsp;&nbsp;&nbsp;&nbsp; 21619 | &nbsp;&nbsp;&nbsp;&nbsp; 2362450 |
| &nbsp;&nbsp;&nbsp; KGHM Polska Miedz SA \* | &nbsp;&nbsp;&nbsp;&nbsp; 90681 | &nbsp;&nbsp;&nbsp;&nbsp; 8413983 |
| &nbsp;&nbsp;&nbsp; LPP SA | &nbsp;&nbsp;&nbsp;&nbsp; 848 | &nbsp;&nbsp;&nbsp;&nbsp; 4683105 |
| &nbsp;&nbsp;&nbsp; ORLEN SA | &nbsp;&nbsp;&nbsp;&nbsp; 386679 | &nbsp;&nbsp;&nbsp;&nbsp; 11752179 |
| &nbsp;&nbsp;&nbsp; Powszechna Kasa Oszczednosci Bank Polski SA | &nbsp;&nbsp;&nbsp;&nbsp; 570081 | &nbsp;&nbsp;&nbsp;&nbsp; 14828302 |
| &nbsp;&nbsp;&nbsp; Powszechny Zaklad Ubezpieczen SA | &nbsp;&nbsp;&nbsp;&nbsp; 377748 | &nbsp;&nbsp;&nbsp;&nbsp; 7432697 |
| &nbsp;&nbsp;&nbsp; Santander Bank Polska SA | &nbsp;&nbsp;&nbsp;&nbsp; 25680 | &nbsp;&nbsp;&nbsp;&nbsp; 4028791 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 68767639 |
| **Portugal — 0.2%** | **Portugal — 0.2%** | **Portugal — 0.2%** |
| &nbsp;&nbsp;&nbsp; EDP SA | &nbsp;&nbsp;&nbsp;&nbsp; 1847342 | &nbsp;&nbsp;&nbsp;&nbsp; 9446288 |
| &nbsp;&nbsp;&nbsp; Galp Energia SGPS SA | &nbsp;&nbsp;&nbsp;&nbsp; 275763 | &nbsp;&nbsp;&nbsp;&nbsp; 5487036 |
| &nbsp;&nbsp;&nbsp; Jeronimo Martins SGPS SA | &nbsp;&nbsp;&nbsp;&nbsp; 182994 | &nbsp;&nbsp;&nbsp;&nbsp; 4315193 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19248517 |
| **Russia — 0.0%** | **Russia — 0.0%** | **Russia — 0.0%** |
| &nbsp;&nbsp;&nbsp; Evraz plc ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 453755 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **Singapore — 0.1%** | **Singapore — 0.1%** | **Singapore — 0.1%** |
| &nbsp;&nbsp;&nbsp; STMicroelectronics NV | &nbsp;&nbsp;&nbsp;&nbsp; 428557 | &nbsp;&nbsp;&nbsp;&nbsp; 12101621 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **South Africa — 0.4%** | **South Africa — 0.4%** | **South Africa — 0.4%** |
| &nbsp;&nbsp;&nbsp; Anglo American plc | &nbsp;&nbsp;&nbsp;&nbsp; 709854 | &nbsp;&nbsp;&nbsp;&nbsp; 32914378 |
| **Spain — 5.5%** | **Spain — 5.5%** | **Spain — 5.5%** |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y Servicios SA | &nbsp;&nbsp;&nbsp;&nbsp; 145915 | &nbsp;&nbsp;&nbsp;&nbsp; 16371117 |
| &nbsp;&nbsp;&nbsp; Aena SME SA (a) | &nbsp;&nbsp;&nbsp;&nbsp; 488641 | &nbsp;&nbsp;&nbsp;&nbsp; 15176007 |
| &nbsp;&nbsp;&nbsp; Amadeus IT Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 289576 | &nbsp;&nbsp;&nbsp;&nbsp; 19415107 |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;&nbsp;&nbsp; 3827702 | &nbsp;&nbsp;&nbsp;&nbsp; 97161145 |
| &nbsp;&nbsp;&nbsp; Banco Santander SA | &nbsp;&nbsp;&nbsp;&nbsp; 9779947 | &nbsp;&nbsp;&nbsp;&nbsp; 124871039 |
| &nbsp;&nbsp;&nbsp; CaixaBank SA | &nbsp;&nbsp;&nbsp;&nbsp; 2366888 | &nbsp;&nbsp;&nbsp;&nbsp; 31243370 |
| &nbsp;&nbsp;&nbsp; Cellnex Telecom SA (a) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 380672 | &nbsp;&nbsp;&nbsp;&nbsp; 11774249 |
| &nbsp;&nbsp;&nbsp; EDP Renovaveis SA | &nbsp;&nbsp;&nbsp;&nbsp; 169372 | &nbsp;&nbsp;&nbsp;&nbsp; 2572997 |
| &nbsp;&nbsp;&nbsp; Endesa SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 206350 | &nbsp;&nbsp;&nbsp;&nbsp; 7604520 |
| &nbsp;&nbsp;&nbsp; Iberdrola SA | &nbsp;&nbsp;&nbsp;&nbsp; 4064856 | &nbsp;&nbsp;&nbsp;&nbsp; 91389147 |
| &nbsp;&nbsp;&nbsp; Industria de Diseno Textil SA | &nbsp;&nbsp;&nbsp;&nbsp; 736786 | &nbsp;&nbsp;&nbsp;&nbsp; 47942763 |
| &nbsp;&nbsp;&nbsp; Naturgy Energy Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 70246 | &nbsp;&nbsp;&nbsp;&nbsp; 2204886 |
| &nbsp;&nbsp;&nbsp; Repsol SA | &nbsp;&nbsp;&nbsp;&nbsp; 759322 | &nbsp;&nbsp;&nbsp;&nbsp; 14959483 |
| &nbsp;&nbsp;&nbsp; Telefonica SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 2995567 | &nbsp;&nbsp;&nbsp;&nbsp; 12126959 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 494812789 |
| **Sweden — 5.6%** | **Sweden — 5.6%** | **Sweden — 5.6%** |
| &nbsp;&nbsp;&nbsp; Alfa Laval AB (b) | &nbsp;&nbsp;&nbsp;&nbsp; 180809 | &nbsp;&nbsp;&nbsp;&nbsp; 10472872 |
| &nbsp;&nbsp;&nbsp; Assa Abloy AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 700219 | &nbsp;&nbsp;&nbsp;&nbsp; 28312607 |
| &nbsp;&nbsp;&nbsp; Atlas Copco AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1682403 | &nbsp;&nbsp;&nbsp;&nbsp; 34694848 |
| &nbsp;&nbsp;&nbsp; Atlas Copco AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1037698 | &nbsp;&nbsp;&nbsp;&nbsp; 18665773 |
| &nbsp;&nbsp;&nbsp; Axfood AB (b) | &nbsp;&nbsp;&nbsp;&nbsp; 71305 | &nbsp;&nbsp;&nbsp;&nbsp; 2442341 |
| &nbsp;&nbsp;&nbsp; Beijer Ref AB | &nbsp;&nbsp;&nbsp;&nbsp; 249434 | &nbsp;&nbsp;&nbsp;&nbsp; 3550663 |
| &nbsp;&nbsp;&nbsp; Boliden AB \* | &nbsp;&nbsp;&nbsp;&nbsp; 188865 | &nbsp;&nbsp;&nbsp;&nbsp; 13225599 |
| &nbsp;&nbsp;&nbsp; Epiroc AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 413821 | &nbsp;&nbsp;&nbsp;&nbsp; 11600723 |
| &nbsp;&nbsp;&nbsp; Epiroc AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 259261 | &nbsp;&nbsp;&nbsp;&nbsp; 6465218 |
| &nbsp;&nbsp;&nbsp; EQT AB (b) | &nbsp;&nbsp;&nbsp;&nbsp; 465830 | &nbsp;&nbsp;&nbsp;&nbsp; 17680919 |
| &nbsp;&nbsp;&nbsp; Essity AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 14154 | &nbsp;&nbsp;&nbsp;&nbsp; 417112 |
| &nbsp;&nbsp;&nbsp; Essity AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 397871 | &nbsp;&nbsp;&nbsp;&nbsp; 11780422 |
| &nbsp;&nbsp;&nbsp; Evolution AB (a) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 120842 | &nbsp;&nbsp;&nbsp;&nbsp; 7850034 |
| &nbsp;&nbsp;&nbsp; Fastighets AB Balder, Class B \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 464970 | &nbsp;&nbsp;&nbsp;&nbsp; 3507087 |
| &nbsp;&nbsp;&nbsp; H & M Hennes & Mauritz AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 329046 | &nbsp;&nbsp;&nbsp;&nbsp; 6589191 |
| &nbsp;&nbsp;&nbsp; Hexagon AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1401576 | &nbsp;&nbsp;&nbsp;&nbsp; 15802823 |
| &nbsp;&nbsp;&nbsp; Holmen AB, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 52767 | &nbsp;&nbsp;&nbsp;&nbsp; 1977863 |
| &nbsp;&nbsp;&nbsp; Industrivarden AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 76386 | &nbsp;&nbsp;&nbsp;&nbsp; 3818572 |
| &nbsp;&nbsp;&nbsp; Industrivarden AB, Class C (b) | &nbsp;&nbsp;&nbsp;&nbsp; 106399 | &nbsp;&nbsp;&nbsp;&nbsp; 5326772 |
| &nbsp;&nbsp;&nbsp; Indutrade AB | &nbsp;&nbsp;&nbsp;&nbsp; 177781 | &nbsp;&nbsp;&nbsp;&nbsp; 4173496 |
| &nbsp;&nbsp;&nbsp; Investment AB Latour, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 96374 | &nbsp;&nbsp;&nbsp;&nbsp; 2399928 |
| &nbsp;&nbsp;&nbsp; Investor AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 377965 | &nbsp;&nbsp;&nbsp;&nbsp; 14465736 |
| &nbsp;&nbsp;&nbsp; Investor AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1207240 | &nbsp;&nbsp;&nbsp;&nbsp; 46550782 |
| &nbsp;&nbsp;&nbsp; L E Lundbergforetagen AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 49718 | &nbsp;&nbsp;&nbsp;&nbsp; 2961633 |
| &nbsp;&nbsp;&nbsp; Lifco AB, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 150185 | &nbsp;&nbsp;&nbsp;&nbsp; 5160658 |
| &nbsp;&nbsp;&nbsp; Nibe Industrier AB, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 1090501 | &nbsp;&nbsp;&nbsp;&nbsp; 4177468 |
| &nbsp;&nbsp;&nbsp; Nordnet AB publ | &nbsp;&nbsp;&nbsp;&nbsp; 105818 | &nbsp;&nbsp;&nbsp;&nbsp; 3423541 |
| &nbsp;&nbsp;&nbsp; Saab AB, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 245361 | &nbsp;&nbsp;&nbsp;&nbsp; 19143776 |
| &nbsp;&nbsp;&nbsp; Sagax AB, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 142613 | &nbsp;&nbsp;&nbsp;&nbsp; 3144781 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Sweden — continued** | **Sweden — continued** | **Sweden — continued** |
| &nbsp;&nbsp;&nbsp; Sagax AB, Class D | &nbsp;&nbsp;&nbsp;&nbsp; 73196 | &nbsp;&nbsp;&nbsp;&nbsp; 278979 |
| &nbsp;&nbsp;&nbsp; Sandvik AB | &nbsp;&nbsp;&nbsp;&nbsp; 647136 | &nbsp;&nbsp;&nbsp;&nbsp; 25553038 |
| &nbsp;&nbsp;&nbsp; Securitas AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 350998 | &nbsp;&nbsp;&nbsp;&nbsp; 5804420 |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB, Class A (b) | &nbsp;&nbsp;&nbsp;&nbsp; 892056 | &nbsp;&nbsp;&nbsp;&nbsp; 19174245 |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB, Class C | &nbsp;&nbsp;&nbsp;&nbsp; 13392 | &nbsp;&nbsp;&nbsp;&nbsp; 295037 |
| &nbsp;&nbsp;&nbsp; Skanska AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 217408 | &nbsp;&nbsp;&nbsp;&nbsp; 6603161 |
| &nbsp;&nbsp;&nbsp; SKF AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 8848 | &nbsp;&nbsp;&nbsp;&nbsp; 234267 |
| &nbsp;&nbsp;&nbsp; SKF AB, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 239013 | &nbsp;&nbsp;&nbsp;&nbsp; 6249400 |
| &nbsp;&nbsp;&nbsp; SSAB AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 142653 | &nbsp;&nbsp;&nbsp;&nbsp; 1179420 |
| &nbsp;&nbsp;&nbsp; SSAB AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 388016 | &nbsp;&nbsp;&nbsp;&nbsp; 3191960 |
| &nbsp;&nbsp;&nbsp; Svenska Cellulosa AB SCA, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 321809 | &nbsp;&nbsp;&nbsp;&nbsp; 4029345 |
| &nbsp;&nbsp;&nbsp; Svenska Handelsbanken AB, Class A (b) | &nbsp;&nbsp;&nbsp;&nbsp; 921853 | &nbsp;&nbsp;&nbsp;&nbsp; 14533069 |
| &nbsp;&nbsp;&nbsp; Svenska Handelsbanken AB, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 23439 | &nbsp;&nbsp;&nbsp;&nbsp; 614325 |
| &nbsp;&nbsp;&nbsp; Swedbank AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 656555 | &nbsp;&nbsp;&nbsp;&nbsp; 25527029 |
| &nbsp;&nbsp;&nbsp; Swedish Orphan Biovitrum AB \* | &nbsp;&nbsp;&nbsp;&nbsp; 108003 | &nbsp;&nbsp;&nbsp;&nbsp; 4101454 |
| &nbsp;&nbsp;&nbsp; Tele2 AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 367567 | &nbsp;&nbsp;&nbsp;&nbsp; 6762692 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 36578 | &nbsp;&nbsp;&nbsp;&nbsp; 397584 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1718632 | &nbsp;&nbsp;&nbsp;&nbsp; 18613068 |
| &nbsp;&nbsp;&nbsp; Telia Co. AB | &nbsp;&nbsp;&nbsp;&nbsp; 1539726 | &nbsp;&nbsp;&nbsp;&nbsp; 7034180 |
| &nbsp;&nbsp;&nbsp; Trelleborg AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 133417 | &nbsp;&nbsp;&nbsp;&nbsp; 5398886 |
| &nbsp;&nbsp;&nbsp; Volvo AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 126026 | &nbsp;&nbsp;&nbsp;&nbsp; 4578925 |
| &nbsp;&nbsp;&nbsp; Volvo AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 1022246 | &nbsp;&nbsp;&nbsp;&nbsp; 37145791 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 507083513 |
| **Switzerland — 6.7%** | **Switzerland — 6.7%** | **Switzerland — 6.7%** |
| &nbsp;&nbsp;&nbsp; ABB Ltd. (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 1047923 | &nbsp;&nbsp;&nbsp;&nbsp; 90224171 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG | &nbsp;&nbsp;&nbsp;&nbsp; 648 | &nbsp;&nbsp;&nbsp;&nbsp; 9312719 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 10346821 |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 354735 | &nbsp;&nbsp;&nbsp;&nbsp; 68857508 |
| &nbsp;&nbsp;&nbsp; DSM-Firmenich AG | &nbsp;&nbsp;&nbsp;&nbsp; 162299 | &nbsp;&nbsp;&nbsp;&nbsp; 12797862 |
| &nbsp;&nbsp;&nbsp; EMS-Chemie Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 4525 | &nbsp;&nbsp;&nbsp;&nbsp; 3518045 |
| &nbsp;&nbsp;&nbsp; Galderma Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 88986 | &nbsp;&nbsp;&nbsp;&nbsp; 16586900 |
| &nbsp;&nbsp;&nbsp; Geberit AG (Registered) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 21897 | &nbsp;&nbsp;&nbsp;&nbsp; 16720347 |
| &nbsp;&nbsp;&nbsp; Givaudan SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 5392 | &nbsp;&nbsp;&nbsp;&nbsp; 20842719 |
| &nbsp;&nbsp;&nbsp; Julius Baer Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 131216 | &nbsp;&nbsp;&nbsp;&nbsp; 10960518 |
| &nbsp;&nbsp;&nbsp; Kuehne + Nagel International AG (Registered) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 31227 | &nbsp;&nbsp;&nbsp;&nbsp; 7230997 |
| &nbsp;&nbsp;&nbsp; Lonza Group AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 46689 | &nbsp;&nbsp;&nbsp;&nbsp; 31722852 |
| &nbsp;&nbsp;&nbsp; Partners Group Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 14328 | &nbsp;&nbsp;&nbsp;&nbsp; 19536866 |
| &nbsp;&nbsp;&nbsp; Sandoz Group AG (b) | &nbsp;&nbsp;&nbsp;&nbsp; 274788 | &nbsp;&nbsp;&nbsp;&nbsp; 21770312 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG (b) | &nbsp;&nbsp;&nbsp;&nbsp; 27069 | &nbsp;&nbsp;&nbsp;&nbsp; 10444372 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 13757 | &nbsp;&nbsp;&nbsp;&nbsp; 5059568 |
| &nbsp;&nbsp;&nbsp; SGS SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 101427 | &nbsp;&nbsp;&nbsp;&nbsp; 12207699 |
| &nbsp;&nbsp;&nbsp; Sika AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 106583 | &nbsp;&nbsp;&nbsp;&nbsp; 20452281 |
| &nbsp;&nbsp;&nbsp; Sonova Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 32426 | &nbsp;&nbsp;&nbsp;&nbsp; 8874459 |
| &nbsp;&nbsp;&nbsp; Straumann Holding AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 71511 | &nbsp;&nbsp;&nbsp;&nbsp; 8600612 |
| &nbsp;&nbsp;&nbsp; Swiss Life Holding AG (Registered) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 18891 | &nbsp;&nbsp;&nbsp;&nbsp; 20714992 |
| &nbsp;&nbsp;&nbsp; Swisscom AG (Registered) (b) | &nbsp;&nbsp;&nbsp;&nbsp; 16875 | &nbsp;&nbsp;&nbsp;&nbsp; 13855749 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Switzerland — continued** | **Switzerland — continued** | **Switzerland — continued** |
| &nbsp;&nbsp;&nbsp; UBS Group AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 2074790 | &nbsp;&nbsp;&nbsp;&nbsp; 98169514 |
| &nbsp;&nbsp;&nbsp; Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 94404 | &nbsp;&nbsp;&nbsp;&nbsp; 67161080 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 605968963 |
| **United Arab Emirates — 0.0% ^** | **United Arab Emirates — 0.0% ^** | **United Arab Emirates — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; NMC Health plc ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 23176 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **United Kingdom — 17.4%** | **United Kingdom — 17.4%** | **United Kingdom — 17.4%** |
| &nbsp;&nbsp;&nbsp; 3i Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 647098 | &nbsp;&nbsp;&nbsp;&nbsp; 29727114 |
| &nbsp;&nbsp;&nbsp; Admiral Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 153311 | &nbsp;&nbsp;&nbsp;&nbsp; 5769701 |
| &nbsp;&nbsp;&nbsp; Ashtead Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 278655 | &nbsp;&nbsp;&nbsp;&nbsp; 17939723 |
| &nbsp;&nbsp;&nbsp; Associated British Foods plc | &nbsp;&nbsp;&nbsp;&nbsp; 198249 | &nbsp;&nbsp;&nbsp;&nbsp; 5181098 |
| &nbsp;&nbsp;&nbsp; AstraZeneca plc | &nbsp;&nbsp;&nbsp;&nbsp; 1030411 | &nbsp;&nbsp;&nbsp;&nbsp; 191980093 |
| &nbsp;&nbsp;&nbsp; Autotrader Group plc (a) | &nbsp;&nbsp;&nbsp;&nbsp; 583741 | &nbsp;&nbsp;&nbsp;&nbsp; 4303040 |
| &nbsp;&nbsp;&nbsp; Aviva plc | &nbsp;&nbsp;&nbsp;&nbsp; 2015741 | &nbsp;&nbsp;&nbsp;&nbsp; 17572934 |
| &nbsp;&nbsp;&nbsp; BAE Systems plc | &nbsp;&nbsp;&nbsp;&nbsp; 1947314 | &nbsp;&nbsp;&nbsp;&nbsp; 52863624 |
| &nbsp;&nbsp;&nbsp; Barclays plc | &nbsp;&nbsp;&nbsp;&nbsp; 9243466 | &nbsp;&nbsp;&nbsp;&nbsp; 61691514 |
| &nbsp;&nbsp;&nbsp; Barratt Redrow plc | &nbsp;&nbsp;&nbsp;&nbsp; 856102 | &nbsp;&nbsp;&nbsp;&nbsp; 4558517 |
| &nbsp;&nbsp;&nbsp; British American Tobacco plc | &nbsp;&nbsp;&nbsp;&nbsp; 1301935 | &nbsp;&nbsp;&nbsp;&nbsp; 78654582 |
| &nbsp;&nbsp;&nbsp; BT Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 4124188 | &nbsp;&nbsp;&nbsp;&nbsp; 10840522 |
| &nbsp;&nbsp;&nbsp; Bunzl plc | &nbsp;&nbsp;&nbsp;&nbsp; 207850 | &nbsp;&nbsp;&nbsp;&nbsp; 5828753 |
| &nbsp;&nbsp;&nbsp; Centrica plc | &nbsp;&nbsp;&nbsp;&nbsp; 3068957 | &nbsp;&nbsp;&nbsp;&nbsp; 8036097 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Europacific Partners plc | &nbsp;&nbsp;&nbsp;&nbsp; 140366 | &nbsp;&nbsp;&nbsp;&nbsp; 12871562 |
| &nbsp;&nbsp;&nbsp; Compass Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 1136091 | &nbsp;&nbsp;&nbsp;&nbsp; 34066187 |
| &nbsp;&nbsp;&nbsp; Diageo plc | &nbsp;&nbsp;&nbsp;&nbsp; 1478208 | &nbsp;&nbsp;&nbsp;&nbsp; 34014006 |
| &nbsp;&nbsp;&nbsp; Entain plc | &nbsp;&nbsp;&nbsp;&nbsp; 424673 | &nbsp;&nbsp;&nbsp;&nbsp; 3523184 |
| &nbsp;&nbsp;&nbsp; Halma plc | &nbsp;&nbsp;&nbsp;&nbsp; 252395 | &nbsp;&nbsp;&nbsp;&nbsp; 12258468 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 11429988 | &nbsp;&nbsp;&nbsp;&nbsp; 201635562 |
| &nbsp;&nbsp;&nbsp; ICG plc | &nbsp;&nbsp;&nbsp;&nbsp; 193011 | &nbsp;&nbsp;&nbsp;&nbsp; 4802764 |
| &nbsp;&nbsp;&nbsp; Imperial Brands plc | &nbsp;&nbsp;&nbsp;&nbsp; 533998 | &nbsp;&nbsp;&nbsp;&nbsp; 22490810 |
| &nbsp;&nbsp;&nbsp; Informa plc | &nbsp;&nbsp;&nbsp;&nbsp; 805351 | &nbsp;&nbsp;&nbsp;&nbsp; 9718831 |
| &nbsp;&nbsp;&nbsp; InterContinental Hotels Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 102593 | &nbsp;&nbsp;&nbsp;&nbsp; 13860344 |
| &nbsp;&nbsp;&nbsp; International Consolidated Airlines Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 2192921 | &nbsp;&nbsp;&nbsp;&nbsp; 12598508 |
| &nbsp;&nbsp;&nbsp; Intertek Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 106022 | &nbsp;&nbsp;&nbsp;&nbsp; 6504203 |
| &nbsp;&nbsp;&nbsp; J Sainsbury plc | &nbsp;&nbsp;&nbsp;&nbsp; 1139110 | &nbsp;&nbsp;&nbsp;&nbsp; 4991256 |
| &nbsp;&nbsp;&nbsp; Kingfisher plc | &nbsp;&nbsp;&nbsp;&nbsp; 1135408 | &nbsp;&nbsp;&nbsp;&nbsp; 5232404 |
| &nbsp;&nbsp;&nbsp; Legal & General Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 3735634 | &nbsp;&nbsp;&nbsp;&nbsp; 13563400 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 39238881 | &nbsp;&nbsp;&nbsp;&nbsp; 58591676 |
| &nbsp;&nbsp;&nbsp; London Stock Exchange Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 308803 | &nbsp;&nbsp;&nbsp;&nbsp; 34444540 |
| &nbsp;&nbsp;&nbsp; M&G plc | &nbsp;&nbsp;&nbsp;&nbsp; 1485062 | &nbsp;&nbsp;&nbsp;&nbsp; 6295549 |
| &nbsp;&nbsp;&nbsp; Melrose Industries plc | &nbsp;&nbsp;&nbsp;&nbsp; 789916 | &nbsp;&nbsp;&nbsp;&nbsp; 6791646 |
| &nbsp;&nbsp;&nbsp; National Grid plc | &nbsp;&nbsp;&nbsp;&nbsp; 3298278 | &nbsp;&nbsp;&nbsp;&nbsp; 56036275 |
| &nbsp;&nbsp;&nbsp; NatWest Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 5119227 | &nbsp;&nbsp;&nbsp;&nbsp; 46660655 |
| &nbsp;&nbsp;&nbsp; Next plc | &nbsp;&nbsp;&nbsp;&nbsp; 77427 | &nbsp;&nbsp;&nbsp;&nbsp; 14057565 |
| &nbsp;&nbsp;&nbsp; Pearson plc | &nbsp;&nbsp;&nbsp;&nbsp; 439845 | &nbsp;&nbsp;&nbsp;&nbsp; 5785261 |
| &nbsp;&nbsp;&nbsp; Phoenix Group Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 498043 | &nbsp;&nbsp;&nbsp;&nbsp; 5048003 |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 448397 | &nbsp;&nbsp;&nbsp;&nbsp; 37378321 |
| &nbsp;&nbsp;&nbsp; RELX plc | &nbsp;&nbsp;&nbsp;&nbsp; 1215989 | &nbsp;&nbsp;&nbsp;&nbsp; 43109265 |
| &nbsp;&nbsp;&nbsp; Rentokil Initial plc | &nbsp;&nbsp;&nbsp;&nbsp; 1578084 | &nbsp;&nbsp;&nbsp;&nbsp; 9794877 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United Kingdom — continued** | **United Kingdom — continued** | **United Kingdom — continued** |
| &nbsp;&nbsp;&nbsp; Rightmove plc | &nbsp;&nbsp;&nbsp;&nbsp; 515440 | &nbsp;&nbsp;&nbsp;&nbsp; 3489225 |
| &nbsp;&nbsp;&nbsp; Rolls-Royce Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 5563280 | &nbsp;&nbsp;&nbsp;&nbsp; 93001222 |
| &nbsp;&nbsp;&nbsp; Sage Group plc (The) | &nbsp;&nbsp;&nbsp;&nbsp; 645764 | &nbsp;&nbsp;&nbsp;&nbsp; 8468036 |
| &nbsp;&nbsp;&nbsp; Schroders plc | &nbsp;&nbsp;&nbsp;&nbsp; 570060 | &nbsp;&nbsp;&nbsp;&nbsp; 3530800 |
| &nbsp;&nbsp;&nbsp; Segro plc, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 823273 | &nbsp;&nbsp;&nbsp;&nbsp; 8577333 |
| &nbsp;&nbsp;&nbsp; Severn Trent plc | &nbsp;&nbsp;&nbsp;&nbsp; 175572 | &nbsp;&nbsp;&nbsp;&nbsp; 7051986 |
| &nbsp;&nbsp;&nbsp; Smith & Nephew plc | &nbsp;&nbsp;&nbsp;&nbsp; 580070 | &nbsp;&nbsp;&nbsp;&nbsp; 9886285 |
| &nbsp;&nbsp;&nbsp; Smiths Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 221779 | &nbsp;&nbsp;&nbsp;&nbsp; 7616298 |
| &nbsp;&nbsp;&nbsp; Spirax Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 47570 | &nbsp;&nbsp;&nbsp;&nbsp; 4740085 |
| &nbsp;&nbsp;&nbsp; SSE plc | &nbsp;&nbsp;&nbsp;&nbsp; 726746 | &nbsp;&nbsp;&nbsp;&nbsp; 24155185 |
| &nbsp;&nbsp;&nbsp; Standard Chartered plc | &nbsp;&nbsp;&nbsp;&nbsp; 1225677 | &nbsp;&nbsp;&nbsp;&nbsp; 31360700 |
| &nbsp;&nbsp;&nbsp; Tesco plc | &nbsp;&nbsp;&nbsp;&nbsp; 4331603 | &nbsp;&nbsp;&nbsp;&nbsp; 25204737 |
| &nbsp;&nbsp;&nbsp; Unilever plc | &nbsp;&nbsp;&nbsp;&nbsp; 1448876 | &nbsp;&nbsp;&nbsp;&nbsp; 98566207 |
| &nbsp;&nbsp;&nbsp; United Utilities Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 453331 | &nbsp;&nbsp;&nbsp;&nbsp; 7763537 |
| &nbsp;&nbsp;&nbsp; Vodafone Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 13565557 | &nbsp;&nbsp;&nbsp;&nbsp; 19978354 |
| &nbsp;&nbsp;&nbsp; Weir Group plc (The) | &nbsp;&nbsp;&nbsp;&nbsp; 172422 | &nbsp;&nbsp;&nbsp;&nbsp; 7615664 |
| &nbsp;&nbsp;&nbsp; Wise plc, Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 453804 | &nbsp;&nbsp;&nbsp;&nbsp; 5853045 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1577931133 |
| **United States — 13.6%** | **United States — 13.6%** | **United States — 13.6%** |
| &nbsp;&nbsp;&nbsp; Alcon AG | &nbsp;&nbsp;&nbsp;&nbsp; 326957 | &nbsp;&nbsp;&nbsp;&nbsp; 26464669 |
| &nbsp;&nbsp;&nbsp; Amrize Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 352991 | &nbsp;&nbsp;&nbsp;&nbsp; 18673199 |
| &nbsp;&nbsp;&nbsp; AP Moller - Maersk A/S, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1775 | &nbsp;&nbsp;&nbsp;&nbsp; 4352600 |
| &nbsp;&nbsp;&nbsp; AP Moller - Maersk A/S, Class B (b) | &nbsp;&nbsp;&nbsp;&nbsp; 2358 | &nbsp;&nbsp;&nbsp;&nbsp; 5830689 |
| &nbsp;&nbsp;&nbsp; BP plc | &nbsp;&nbsp;&nbsp;&nbsp; 10187257 | &nbsp;&nbsp;&nbsp;&nbsp; 64592892 |
| &nbsp;&nbsp;&nbsp; Buzzi SpA | &nbsp;&nbsp;&nbsp;&nbsp; 52472 | &nbsp;&nbsp;&nbsp;&nbsp; 2986790 |
| &nbsp;&nbsp;&nbsp; Experian plc | &nbsp;&nbsp;&nbsp;&nbsp; 610793 | &nbsp;&nbsp;&nbsp;&nbsp; 23133625 |
| &nbsp;&nbsp;&nbsp; Ferrovial SE | &nbsp;&nbsp;&nbsp;&nbsp; 301330 | &nbsp;&nbsp;&nbsp;&nbsp; 20353368 |
| &nbsp;&nbsp;&nbsp; GSK plc | &nbsp;&nbsp;&nbsp;&nbsp; 2697959 | &nbsp;&nbsp;&nbsp;&nbsp; 69773698 |
| &nbsp;&nbsp;&nbsp; Haleon plc | &nbsp;&nbsp;&nbsp;&nbsp; 5920782 | &nbsp;&nbsp;&nbsp;&nbsp; 30965119 |
| &nbsp;&nbsp;&nbsp; Holcim AG | &nbsp;&nbsp;&nbsp;&nbsp; 327734 | &nbsp;&nbsp;&nbsp;&nbsp; 33779176 |
| &nbsp;&nbsp;&nbsp; Nestle SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 1707740 | &nbsp;&nbsp;&nbsp;&nbsp; 162963741 |
| &nbsp;&nbsp;&nbsp; Novartis AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 1230362 | &nbsp;&nbsp;&nbsp;&nbsp; 182548587 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 458789 | &nbsp;&nbsp;&nbsp;&nbsp; 208629676 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 19293 | &nbsp;&nbsp;&nbsp;&nbsp; 8915708 |
| &nbsp;&nbsp;&nbsp; Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp; 749286 | &nbsp;&nbsp;&nbsp;&nbsp; 70675453 |
| &nbsp;&nbsp;&nbsp; Schneider Electric SE | &nbsp;&nbsp;&nbsp;&nbsp; 360214 | &nbsp;&nbsp;&nbsp;&nbsp; 103274064 |
| &nbsp;&nbsp;&nbsp; Shell plc | &nbsp;&nbsp;&nbsp;&nbsp; 3820992 | &nbsp;&nbsp;&nbsp;&nbsp; 146877065 |
| &nbsp;&nbsp;&nbsp; Stellantis NV | &nbsp;&nbsp;&nbsp;&nbsp; 1322073 | &nbsp;&nbsp;&nbsp;&nbsp; 12972775 |
| &nbsp;&nbsp;&nbsp; Swiss Re AG | &nbsp;&nbsp;&nbsp;&nbsp; 195308 | &nbsp;&nbsp;&nbsp;&nbsp; 31207062 |
| &nbsp;&nbsp;&nbsp; Tenaris SA | &nbsp;&nbsp;&nbsp;&nbsp; 237602 | &nbsp;&nbsp;&nbsp;&nbsp; 5277842 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1234247798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $7,705,447,522)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 9000085004 |
| **Short-Term Investments — 1.7%** | **Short-Term Investments — 1.7%** | **Short-Term Investments — 1.7%** |
| **Investment of Cash Collateral from Securities Loaned — 1.7%** | **Investment of Cash Collateral from Securities Loaned — 1.7%** | **Investment of Cash Collateral from Securities Loaned — 1.7%** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 3.68% (c) (d)(Cost $147,831,407) | &nbsp;&nbsp;&nbsp;&nbsp; 147831407 | &nbsp;&nbsp;&nbsp;&nbsp; 147831407 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Total Investments — 101.0%** <br>**(Cost $7,853,278,929)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **9147916411** |
| **Liabilities in Excess of Other Assets — (1.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(86808152)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **9061108259** |

---

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

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

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

---

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

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| ‡ | Value determined using significant unobservable inputs. |
| \* | Non-income producing security.  |
| (a) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities <br> offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have <br> restrictions on resale.<br>|
| (b) | The security or a portion of this security is on loan at January 31, 2026. The total value of securities on loan at January 31, 2026 is <br> $126,042,631.<br>|
| (c) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan <br> Investment Management Inc.<br>|
| (d) | The rate shown is the current yield as of January 31, 2026. |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

**Summary of Investments by Industry, January 31, 2026**

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

---

| | |
|:---|:---|
| **INDUSTRY** | **PERCENT OF** <br>**TOTAL** <br>**INVESTMENTS**<br>|
| Banks | 14.3<br> %<br>|
| Pharmaceuticals | 11.0 |
| Insurance | 5.5 |
| Aerospace & Defense | 5.2 |
| Semiconductors & Semiconductor Equipment | 4.9 |
| Oil, Gas & Consumable Fuels | 4.4 |
| Electrical Equipment | 3.7 |
| Capital Markets | 3.4 |
| Textiles, Apparel & Luxury Goods | 3.1 |
| Food Products | 2.8 |
| Machinery | 2.7 |
| Electric Utilities | 2.3 |
| Metals & Mining | 2.3 |
| Diversified Telecommunication Services | 2.0 |
| Chemicals | 2.0 |
| Personal Care Products | 2.0 |
| Industrial Conglomerates | 1.8 |
| Software | 1.7 |
| Health Care Equipment & Supplies | 1.7 |
| Multi-Utilities | 1.6 |
| Beverages | 1.6 |
| Financial Services | 1.6 |
| Automobiles | 1.3 |
| Professional Services | 1.2 |
| Construction & Engineering | 1.1 |
| Tobacco | 1.1 |
| Building Products | 1.0 |
| Others (each less than 1.0%) | 11.1 |
| Short-Term Investments | 1.6 |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

**Futures contracts outstanding as of January 31, 2026:**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | &nbsp;&nbsp;&nbsp; **NUMBER OF** <br>**CONTRACTS**<br>| **EXPIRATION DATE** | **TRADING CURRENCY** | &nbsp;&nbsp;&nbsp; **NOTIONAL** <br>**AMOUNT ($)**<br>| &nbsp;&nbsp;&nbsp; **VALUE AND** <br>**UNREALIZED** <br>**APPRECIATION** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(DEPRECIATION) ($)**<br>|
| **Long Contracts** |  |  |  |  |  |
| EURO STOXX 50 Index | &nbsp;&nbsp;&nbsp;&nbsp; 544 | &nbsp;&nbsp;&nbsp;&nbsp; 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp; EUR | &nbsp;&nbsp;&nbsp;&nbsp; 38348064 | &nbsp;&nbsp;&nbsp;&nbsp; 883484 |
| FTSE 100 Index | &nbsp;&nbsp;&nbsp;&nbsp; 136 | &nbsp;&nbsp;&nbsp;&nbsp; 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp; GBP | &nbsp;&nbsp;&nbsp;&nbsp; 18962211 | &nbsp;&nbsp;&nbsp;&nbsp; 770328 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 1653812 |

---

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| EUR | Euro |
| FTSE | Financial Times and the London Stock Exchange |
| GBP | British Pound |

---

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Investments in Securities** |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Australia | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $108225441 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $108225441 |
| &nbsp;&nbsp;&nbsp; Austria | &nbsp;&nbsp;&nbsp;&nbsp; 614946 | &nbsp;&nbsp;&nbsp;&nbsp; 51655355 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 52270301 |
| &nbsp;&nbsp;&nbsp; Belgium | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 132622607 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 132622607 |
| &nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4965956 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4965956 |
| &nbsp;&nbsp;&nbsp; Chile | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11399375 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11399375 |
| &nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 49997644 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 49997644 |
| &nbsp;&nbsp;&nbsp; Denmark | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 263565023 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 263565023 |
| &nbsp;&nbsp;&nbsp; Finland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 166952128 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 166952128 |
| &nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1176914748 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1176914748 |
| &nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp;&nbsp;&nbsp; 7500447 | &nbsp;&nbsp;&nbsp;&nbsp; 1214052771 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1221553218 |
| &nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 27771051 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 27771051 |
| &nbsp;&nbsp;&nbsp; Ireland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 17649066 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 17649066 |
| &nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 453425776 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 453425776 |
| &nbsp;&nbsp;&nbsp; Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24382680 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24382680 |
| &nbsp;&nbsp;&nbsp; Mexico | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6031473 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6031473 |
| &nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 643893773 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 643893773 |
| &nbsp;&nbsp;&nbsp; Norway | &nbsp;&nbsp;&nbsp;&nbsp; 10610419 | &nbsp;&nbsp;&nbsp;&nbsp; 74777974 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 85388393 |
| &nbsp;&nbsp;&nbsp; Poland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 68767639 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 68767639 |
| &nbsp;&nbsp;&nbsp; Portugal | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19248517 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19248517 |
| &nbsp;&nbsp;&nbsp; Russia | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>|
| &nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12101621 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12101621 |
| &nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 32914378 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 32914378 |
| &nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp;&nbsp;&nbsp; 9809406 | &nbsp;&nbsp;&nbsp;&nbsp; 485003383 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 494812789 |
| &nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp;&nbsp;&nbsp; 3138432 | &nbsp;&nbsp;&nbsp;&nbsp; 503945081 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 507083513 |
| &nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 605968963 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 605968963 |
| &nbsp;&nbsp;&nbsp; United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>|
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp; 50249883 | &nbsp;&nbsp;&nbsp;&nbsp; 1527681250 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1577931133 |
| &nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1234247798 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1234247798 |
| &nbsp;&nbsp;&nbsp; Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 81923533 | &nbsp;&nbsp;&nbsp;&nbsp; 8918161471 | &nbsp;&nbsp;&nbsp;&nbsp; —<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 9000085004 |
| Short-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment of Cash Collateral from Securities <br> Loaned<br>| &nbsp;&nbsp;&nbsp;&nbsp; 147831407 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 147831407 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; $229754940 | &nbsp;&nbsp;&nbsp;&nbsp; $8918161471 | &nbsp;&nbsp;&nbsp;&nbsp; $—<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $9147916411 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; $1653812 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1653812 |

---

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

 <br> (a) Value is zero.

**B. Investment Transactions with Affiliates**— The Fund invested in an Underlying Fund advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuer listed in the table below to be an affiliated issuer.

------

**JPMorgan BetaBuilders Europe ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF January 31, 2026 (Unaudited) (continued)

The Underlying Fund's distributions may be reinvested into such Underlying Fund. Reinvestment amounts are included in the purchases at cost amounts in the table below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** | **For the period ended January 31, 2026** |
| **Security Description** | **Value at** <br>**October 31,** <br>**2025**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**January 31,** <br>**2026**<br>| **Shares at** <br>**January 31,** <br>**2026**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Securities <br> Lending Money Market <br> Fund Agency SL <br> Class Shares, 3.68% <br> (a) (b)<br>| $121277733 | $242060091 | $215506417 | $— | $— | $147831407 | 147831407 | $1147816 | $— |

---

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

 <br> (a) Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. <br> (b) The rate shown is the current yield as of January 31, 2026.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

  - **Street Address 1:** 390 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

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

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

- **a. Name of Series:** JPMorgan BetaBuilders Europe ETF

- **b. EDGAR series identifier (if any):** S000061994

- **c. LEI of Series:** 549300JYD28ABFNSPC78

**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:** $9209674110.19

**Total Liabilities:** $148565851.36

**Net Assets:** $9061108258.83

**Cash Not Reported:** $74570.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000200805 | 1.51%                | 3.57%                | 4.73%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-103273.57              | $110658370.00                              |
| Month 2  | $-21098209.53            | $315061513.19                              |
| Month 3  | $42136.78                | $403126925.16                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                           | Title                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SKF AB                                         | SKF AB, Class B                                                       | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |    239013 | NS      | $6249399.92   | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| Partners Group Holding AG                      | Partners Group Holding AG                                             | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |     14328 | NS      | $19536865.49  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Orange SA                                      | Orange SA                                                             | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |   1216529 | NS      | $22615323.36  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Italia SpA                             | Telecom Italia SpA                                                    | CUSIP: N/A<br>LEI: 549300W384M3RI3VXU42       | Long             | EC               | CORP              | IT        |   4007383 | NS      | $3181968.42   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                       | Sagax AB, Class B                                                     | CUSIP: N/A<br>LEI: 549300LJX28T6OM8DT95       | Long             | EC               | CORP              | SE        |    142613 | NS      | $3144781.21   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Experian plc                                   | Experian plc                                                          | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |    610793 | NS      | $23133625.21  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Novonesis Novozymes B                          | Novonesis Novozymes B                                                 | CUSIP: N/A<br>LEI: 529900T6WNZXD2R3JW38       | Long             | EC               | CORP              | DK        |    229852 | NS      | $14083851.01  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| HAL Trust                                      | HAL Trust                                                             | CUSIP: N/A<br>LEI: 5493000O3IE3DNOY3R07       | Long             | EC               | CORP              | BM        |     23787 | NS      | $4390564.28   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Norwegian Krone                                | Norwegian Krone                                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | NO        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aeroports de Paris SA                          | Aeroports de Paris SA                                                 | CUSIP: N/A<br>LEI: 969500PJMBSFHYC37989       | Long             | EC               | CORP              | FR        |     23805 | NS      | $3145161.02   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Evolution AB                                   | Evolution AB                                                          | CUSIP: N/A<br>LEI: 549300SUH6ZR1RF6TA88       | Long             | EC               | CORP              | SE        |    120842 | NS      | $7850034.29   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: —       |
| BAWAG Group AG                                 | BAWAG Group AG                                                        | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |     50367 | NS      | $8193500.36   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG  | Muenchener Rueckversicherungs-Gesellschaft AG (Registered)            | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |     86164 | NS      | $52221984.00  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Healthineers AG                        | Siemens Healthineers AG                                               | CUSIP: N/A<br>LEI: 529900QBVWXMWANH7H45       | Long             | EC               | CORP              | DE        |    179350 | NS      | $8951989.74   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Telenor ASA                                    | Telenor ASA                                                           | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |    413429 | NS      | $6954519.29   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever plc                                   | Unilever plc                                                          | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |   1448876 | NS      | $98566206.60  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| EQT AB                                         | EQT AB                                                                | CUSIP: N/A<br>LEI: 213800U7P9GOIRKCTB34       | Long             | EC               | CORP              | SE        |    465830 | NS      | $17680918.77  | 0.20%             |  |  |  | No            |                  2 | On Loan: —       |
| Infrastrutture Wireless Italiane SpA           | Infrastrutture Wireless Italiane SpA                                  | CUSIP: N/A<br>LEI: 81560066183FE361C071       | Long             | EC               | CORP              | IT        |    209951 | NS      | $1856107.62   | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Atlas Copco AB                                 | Atlas Copco AB, Class B                                               | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |   1037698 | NS      | $18665773.37  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Trelleborg AB                                  | Trelleborg AB, Class B                                                | CUSIP: N/A<br>LEI: 213800XY16PAWG2PAD14       | Long             | EC               | CORP              | SE        |    133417 | NS      | $5398885.83   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Indutrade AB                                   | Indutrade AB                                                          | CUSIP: N/A<br>LEI: 549300FISLQ6CEFP1867       | Long             | EC               | CORP              | SE        |    177781 | NS      | $4173495.68   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Antofagasta plc                                | Antofagasta plc                                                       | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    230051 | NS      | $11399375.20  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                   | ING Groep NV                                                          | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |   1935264 | NS      | $57072726.11  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group NV                                    | NN Group NV                                                           | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |    177791 | NS      | $14093003.82  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| RWE AG                                         | RWE AG                                                                | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |    438785 | NS      | $27864563.68  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Vestas Wind Systems A/S                        | Vestas Wind Systems A/S                                               | CUSIP: N/A<br>LEI: 549300DYMC8BGZZC8844       | Long             | EC               | CORP              | DK        |    666988 | NS      | $20217347.38  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sampo OYJ                                      | Sampo OYJ, Class A                                                    | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |   1680174 | NS      | $18737831.11  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Copco AB                                 | Atlas Copco AB, Class A                                               | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |   1682403 | NS      | $34694847.84  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen NV                                       | Adyen NV                                                              | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |     19362 | NS      | $28710848.84  | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Weir Group plc (The)                           | Weir Group plc (The)                                                  | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |    172422 | NS      | $7615663.54   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Informa plc                                    | Informa plc                                                           | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | EC               | CORP              | GB        |    805351 | NS      | $9718830.53   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijer Ref AB                                  | Beijer Ref AB                                                         | CUSIP: N/A<br>LEI: 549300PZZEUVH08H4G75       | Long             | EC               | CORP              | SE        |    249434 | NS      | $3550663.38   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Amadeus IT Group SA                            | Amadeus IT Group SA                                                   | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |    289576 | NS      | $19415106.79  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| JDE Peet's NV                                  | JDE Peet's NV                                                         | CUSIP: N/A<br>LEI: 724500EHG519SE5ZRT89       | Long             | EC               | CORP              | NL        |    103359 | NS      | $3891172.72   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA                       | Jeronimo Martins SGPS SA                                              | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |    182994 | NS      | $4315192.62   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Julius Baer Group Ltd.                         | Julius Baer Group Ltd.                                                | CUSIP: N/A<br>LEI: 5299007MF0604ZGJER92       | Long             | EC               | CORP              | CH        |    131216 | NS      | $10960518.49  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian SpA                                   | Prysmian SpA                                                          | CUSIP: N/A<br>LEI: 529900X0H1IO3RS1A464       | Long             | EC               | CORP              | IT        |    189136 | NS      | $22401911.95  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma plc                                      | Halma plc                                                             | CUSIP: N/A<br>LEI: 2138007FRGLUR9KGBT40       | Long             | EC               | CORP              | GB        |    252395 | NS      | $12258467.58  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities Lending Money Market Fund  | JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares | CUSIP: 46645V642<br>LEI: 5493002FD4HXUJXMRO62 | Long             | STIV             | RF                | US        | 147831407 | NS      | $147831406.85 | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                                      | Danone SA                                                             | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |    426723 | NS      | $33437992.61  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                      | Sanofi SA                                                             | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    749286 | NS      | $70675453.03  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Next plc                                       | Next plc                                                              | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |     77427 | NS      | $14057564.63  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                        | GSK plc                                                               | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |   2697959 | NS      | $69773697.73  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| ICG plc                                        | ICG plc                                                               | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |    193011 | NS      | $4802764.29   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Fastighets AB Balder                           | Fastighets AB Balder, Class B                                         | CUSIP: N/A<br>LEI: 549300GHKJCEZOAEUU82       | Long             | EC               | CORP              | SE        |    464970 | NS      | $3507087.02   | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Koninklijke Philips NV                         | Koninklijke Philips NV                                                | CUSIP: N/A<br>LEI: H1FJE8H61JGM1JSGM897       | Long             | EC               | CORP              | NL        |    526623 | NS      | $15122418.06  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                   | British American Tobacco plc                                          | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |   1301935 | NS      | $78654582.42  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                    | Swedbank AB, Class A                                                  | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |    656555 | NS      | $25527028.72  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| NMC Health plc                                 | NMC Health plc                                                        | CUSIP: N/A<br>LEI: 2138008YQEVWBE1V2M52       | Long             | EC               | CORP              | GB        |     23176 | NS      | $0.03         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| adidas AG                                      | adidas AG                                                             | CUSIP: N/A<br>LEI: 549300JSX0Z4CW0V5023       | Long             | EC               | CORP              | DE        |    118703 | NS      | $21046468.24  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Entain plc                                     | Entain plc                                                            | CUSIP: N/A<br>LEI: 213800GNI3K45LQR8L28       | Long             | EC               | CORP              | IM        |    424673 | NS      | $3523183.57   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sartorius Stedim Biotech                       | Sartorius Stedim Biotech                                              | CUSIP: N/A<br>LEI: 52990006IVXY7GCSSR39       | Long             | EC               | CORP              | FR        |     17076 | NS      | $3815941.04   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sartorius AG                                   | Sartorius AG (Preference)                                             | CUSIP: N/A<br>LEI: 529900EQV2DY4FOAMU38       | Long             | EC               | CORP              | DE        |     16661 | NS      | $4656632.54   | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Sika AG                                        | Sika AG (Registered)                                                  | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |    106583 | NS      | $20452280.77  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Boerse AG                             | Deutsche Boerse AG                                                    | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |    122153 | NS      | $30932239.95  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Group plc                              | Compass Group plc                                                     | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |   1136091 | NS      | $34066187.00  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group plc                             | Vodafone Group plc                                                    | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |  13565557 | NS      | $19978353.87  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Metso OYJ                                      | Metso OYJ                                                             | CUSIP: N/A<br>LEI: 549300R0VN9C371W0E07       | Long             | EC               | CORP              | FI        |    466954 | NS      | $9129302.41   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| D'ieteren Group                                | D'ieteren Group                                                       | CUSIP: N/A<br>LEI: 549300DV5KJ23OKVTW34       | Long             | EC               | CORP              | BE        |     13479 | NS      | $3070228.54   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AP Moller - Maersk A/S                         | AP Moller - Maersk A/S, Class B                                       | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |      2358 | NS      | $5830689.34   | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Mercedes-Benz Group AG                         | Mercedes-Benz Group AG                                                | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |    464113 | NS      | $31719454.00  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Elisa OYJ                                      | Elisa OYJ                                                             | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |     95433 | NS      | $4221484.84   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| EssilorLuxottica SA                            | EssilorLuxottica SA                                                   | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |    207556 | NS      | $63449055.39  | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Neste OYJ                                      | Neste OYJ                                                             | CUSIP: N/A<br>LEI: 5493009GY1X8GQ66AM14       | Long             | EC               | CORP              | FI        |    284467 | NS      | $7266702.52   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Vend Marketplaces ASA                          | Vend Marketplaces ASA, Class B                                        | CUSIP: N/A<br>LEI: 5967007LIEEXZXHT0O36       | Long             | EC               | CORP              | NO        |    132262 | NS      | $3655899.94   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB                       | Svenska Handelsbanken AB, Class A                                     | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |    921853 | NS      | $14533069.41  | 0.16%             |  |  |  | No            |                  2 | On Loan: —       |
| Argenx SE                                      | Argenx SE                                                             | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |     40528 | NS      | $34082891.37  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Coloplast A/S                                  | Coloplast A/S, Class B                                                | CUSIP: N/A<br>LEI: 529900NN7SOJ5QG82X67       | Long             | EC               | CORP              | DK        |     95762 | NS      | $8163231.76   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Groupe Bruxelles Lambert NV                    | Groupe Bruxelles Lambert NV                                           | CUSIP: N/A<br>LEI: 549300KV0ZEHT2KVU152       | Long             | EC               | CORP              | BE        |     53699 | NS      | $5081135.81   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays plc                                   | Barclays plc                                                          | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | CORP              | GB        |   9243466 | NS      | $61691514.26  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Bank Slaski SA                             | ING Bank Slaski SA                                                    | CUSIP: N/A<br>LEI: 259400YLRTOBISHBVX41       | Long             | EC               | CORP              | PL        |     21619 | NS      | $2362449.91   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                       | Lloyds Banking Group plc                                              | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |  39238881 | NS      | $58591676.08  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Tenaris SA                                     | Tenaris SA                                                            | CUSIP: N/A<br>LEI: 549300Y7C05BKC4HZB40       | Long             | EC               | CORP              | LU        |    237602 | NS      | $5277842.34   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedish Krona                                  | Swedish Krona                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |       912 | OU      | $102.34       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas SA                                                        | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |    680737 | NS      | $73609832.29  | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonova Holding AG                              | Sonova Holding AG (Registered)                                        | CUSIP: N/A<br>LEI: 5299004A0QNX7FBNHS61       | Long             | EC               | CORP              | CH        |     32426 | NS      | $8874459.06   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB AB                                        | SSAB AB, Class A                                                      | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |    142653 | NS      | $1179420.28   | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                  | Industria de Diseno Textil SA                                         | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |    736786 | NS      | $47942763.16  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Legal & General Group plc                      | Legal & General Group plc                                             | CUSIP: N/A<br>LEI: 213800JH9QQWHLO99821       | Long             | EC               | CORP              | GB        |   3735634 | NS      | $13563400.05  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Cellulosa AB SCA                       | Svenska Cellulosa AB SCA, Class B                                     | CUSIP: N/A<br>LEI: 549300FW5JDRV1IJ0M67       | Long             | EC               | CORP              | SE        |    321809 | NS      | $4029344.51   | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Cie de Saint-Gobain SA                         | Cie de Saint-Gobain SA                                                | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |    301338 | NS      | $29743727.92  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Pandora A/S                                    | Pandora A/S                                                           | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |     51952 | NS      | $4205183.54   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kering SA                                      | Kering SA                                                             | CUSIP: N/A<br>LEI: 549300VGEJKB7SVUZR78       | Long             | EC               | CORP              | FR        |     46778 | NS      | $14603063.00  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                               | Deutsche Post AG                                                      | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |    619424 | NS      | $34643460.30  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Terna - Rete Elettrica Nazionale               | Terna - Rete Elettrica Nazionale                                      | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | EC               | CORP              | IT        |    934767 | NS      | $10129435.41  | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Monte dei Paschi di Siena SpA            | Banca Monte dei Paschi di Siena SpA                                   | CUSIP: N/A<br>LEI: J4CP7MHCXR8DAQMKIL78       | Long             | EC               | CORP              | IT        |   1284716 | NS      | $13327394.86  | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| Swiss Life Holding AG                          | Swiss Life Holding AG (Registered)                                    | CUSIP: N/A<br>LEI: 5493000KUC3Z24U77V93       | Long             | EC               | CORP              | CH        |     18891 | NS      | $20714991.98  | 0.23%             |  |  |  | No            |                  2 | On Loan: —       |
| Chocoladefabriken Lindt & Spruengli AG         | Chocoladefabriken Lindt & Spruengli AG                                | CUSIP: N/A<br>LEI: 529900JYJNNOKKAGK736       | Long             | EC               | CORP              | CH        |       648 | NS      | $9312719.24   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Ageas SA                                       | Ageas SA                                                              | CUSIP: N/A<br>LEI: 5493005DJBML6LY3RV36       | Long             | EC               | CORP              | BE        |    112980 | NS      | $8025017.97   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Lotus Bakeries NV                              | Lotus Bakeries NV                                                     | CUSIP: N/A<br>LEI: 5493004C0K34IFI67I03       | Long             | EC               | CORP              | BE        |       268 | NS      | $3159629.01   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Orion OYJ                                      | Orion OYJ, Class B                                                    | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |     71007 | NS      | $5872144.91   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                            | FTSE 100 Index                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |       136 | NC      | $770327.91    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Essity AB                                      | Essity AB, Class A                                                    | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |     14154 | NS      | $417111.98    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                                      | Thales SA                                                             | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |     63827 | NS      | $19539100.03  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                   | UBS Group AG (Registered)                                             | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |   2074790 | NS      | $98169514.34  | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexagon AB                                     | Hexagon AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300WJFW6ILNI4TA80       | Long             | EC               | CORP              | SE        |   1401576 | NS      | $15802822.57  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB AB                                        | SSAB AB, Class B                                                      | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |    388016 | NS      | $3191959.77   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Rightmove plc                                  | Rightmove plc                                                         | CUSIP: N/A<br>LEI: 2138001JXGCFKBXYB828       | Long             | EC               | CORP              | GB        |    515440 | NS      | $3489224.75   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Severn Trent plc                               | Severn Trent plc                                                      | CUSIP: N/A<br>LEI: 213800RPBXRETY4A4C59       | Long             | EC               | CORP              | GB        |    175572 | NS      | $7051985.57   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Eni SpA                                        | Eni SpA                                                               | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |   1268085 | NS      | $25918558.46  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                       | Vinci SA                                                              | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |    333997 | NS      | $48023668.73  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                             | Publicis Groupe SA                                                    | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |    151050 | NS      | $15097189.96  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ORLEN SA                                       | ORLEN SA                                                              | CUSIP: N/A<br>LEI: 259400VVMM70CQREJT74       | Long             | EC               | CORP              | PL        |    386679 | NS      | $11752178.84  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE            | LVMH Moet Hennessy Louis Vuitton SE                                   | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |    170172 | NS      | $109829799.34 | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX plc                                       | RELX plc                                                              | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |   1215989 | NS      | $43109265.51  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential plc                                 | Prudential plc                                                        | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |   1690754 | NS      | $27771051.28  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore plc                                   | Glencore plc                                                          | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |   6368095 | NS      | $43413573.41  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Raiffeisen Bank International AG               | Raiffeisen Bank International AG                                      | CUSIP: N/A<br>LEI: 9ZHRYM6F437SQJ6OUG95       | Long             | EC               | CORP              | AT        |     97598 | NS      | $4919475.50   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Schindler Holding AG                           | Schindler Holding AG                                                  | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |     27069 | NS      | $10444372.36  | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Koninklijke KPN NV                             | Koninklijke KPN NV                                                    | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |   2581083 | NS      | $12640892.27  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayer AG                                       | Bayer AG (Registered)                                                 | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | EC               | CORP              | DE        |    609373 | NS      | $32230764.81  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Lifco AB                                       | Lifco AB, Class B                                                     | CUSIP: N/A<br>LEI: 549300RTLL4VDQRCTW41       | Long             | EC               | CORP              | SE        |    150185 | NS      | $5160657.92   | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Airbus SE                                      | Airbus SE                                                             | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |    389328 | NS      | $89136654.14  | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Polska Kasa Opieki SA                     | Bank Polska Kasa Opieki SA                                            | CUSIP: N/A<br>LEI: 5493000LKS7B3UTF7H35       | Long             | EC               | CORP              | PL        |    139596 | NS      | $8489951.45   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                         | AXA SA                                                                | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |   1134644 | NS      | $51738791.91  | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechny Zaklad Ubezpieczen SA               | Powszechny Zaklad Ubezpieczen SA                                      | CUSIP: N/A<br>LEI: QLPCKOOKVX32FUELX240       | Long             | EC               | CORP              | PL        |    377748 | NS      | $7432697.22   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                          | Schneider Electric SE                                                 | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |    360214 | NS      | $103274064.00 | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| OMV AG                                         | OMV AG                                                                | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |     94822 | NS      | $5633162.66   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| M&G plc                                        | M&G plc                                                               | CUSIP: N/A<br>LEI: 254900TWUJUQ44TQJY84       | Long             | EC               | CORP              | GB        |   1485062 | NS      | $6295548.76   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Rheinmetall AG                                 | Rheinmetall AG                                                        | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |     29666 | NS      | $62857734.55  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Hermes International SCA                       | Hermes International SCA                                              | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |     22559 | NS      | $54276946.37  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                | Telefonaktiebolaget LM Ericsson, Class B                              | CUSIP: N/A<br>LEI: 549300W9JLPW15XIFM52       | Long             | EC               | CORP              | SE        |   1718632 | NS      | $18613068.34  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Amundi SA                                      | Amundi SA                                                             | CUSIP: N/A<br>LEI: 96950010FL2T1TJKR531       | Long             | EC               | CORP              | FR        |     41368 | NS      | $3677994.33   | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Banco Santander SA                             | Banco Santander SA                                                    | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |   9779947 | NS      | $124871038.52 | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                       | Enel SpA                                                              | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |   5159858 | NS      | $57009010.34  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S, Class B                                             | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |   2111684 | NS      | $125390201.27 | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                 | Air Liquide SA                                                        | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |    382015 | NS      | $71537062.12  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| A2A SpA                                        | A2A SpA                                                               | CUSIP: N/A<br>LEI: 81560076E3944316DB24       | Long             | EC               | CORP              | IT        |   1033074 | NS      | $3116579.64   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands plc                            | Imperial Brands plc                                                   | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    533998 | NS      | $22490810.09  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Storebrand ASA                                 | Storebrand ASA                                                        | CUSIP: N/A<br>LEI: 5967007LIEEXZX7NA051       | Long             | EC               | CORP              | NO        |    274969 | NS      | $4811920.47   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Gjensidige Forsikring ASA                      | Gjensidige Forsikring ASA                                             | CUSIP: N/A<br>LEI: 5967007LIEEXZX6FAO47       | Long             | EC               | CORP              | NO        |    125306 | NS      | $3566530.23   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Danish Krone                                   | Danish Krone                                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | DK        |        -0 | OU      | $-0.02        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Wolters Kluwer NV                              | Wolters Kluwer NV                                                     | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |    152734 | NS      | $14342196.83  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Mediobanca Banca di Credito Finanziario SpA    | Mediobanca Banca di Credito Finanziario SpA                           | CUSIP: N/A<br>LEI: PSNL19R2RXX5U3QWHI44       | Long             | EC               | CORP              | IT        |     74882 | NS      | $1567567.34   | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Recordati Industria Chimica e Farmaceutica SpA | Recordati Industria Chimica e Farmaceutica SpA                        | CUSIP: N/A<br>LEI: 815600FBF92FD3531704       | Long             | EC               | CORP              | IT        |     64617 | NS      | $3560355.04   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SKF AB                                         | SKF AB, Class A                                                       | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |      8848 | NS      | $234266.68    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Alfa Laval AB                                  | Alfa Laval AB                                                         | CUSIP: N/A<br>LEI: 549300UCKT2UK88AG251       | Long             | EC               | CORP              | SE        |    180809 | NS      | $10472872.31  | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Tesco plc                                      | Tesco plc                                                             | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |   4331603 | NS      | $25204737.39  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                   | Iberdrola SA                                                          | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |   4064856 | NS      | $91389146.72  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Financiere Richemont SA                    | Cie Financiere Richemont SA (Registered)                              | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |    354735 | NS      | $68857507.78  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrivarden AB                              | Industrivarden AB, Class C                                            | CUSIP: N/A<br>LEI: 549300TM1DLIQI3B3T37       | Long             | EC               | CORP              | SE        |    106399 | NS      | $5326771.58   | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Davide Campari-Milano NV                       | Davide Campari-Milano NV                                              | CUSIP: N/A<br>LEI: 213800ED5AN2J56N6Z02       | Long             | EC               | CORP              | NL        |    378497 | NS      | $2697625.39   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Europacific Partners plc             | Coca-Cola Europacific Partners plc                                    | CUSIP: N/A<br>LEI: 549300LTH67W4GWMRF57       | Long             | EC               | CORP              | GB        |      2974 | NS      | $272715.80    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                                 | Commerzbank AG                                                        | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | EC               | CORP              | DE        |    579425 | NS      | $23817105.40  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Snam SpA                                       | Snam SpA                                                              | CUSIP: N/A<br>LEI: 8156002278562044AF79       | Long             | EC               | CORP              | IT        |   1426542 | NS      | $9804178.32   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group plc                                   | 3i Group plc                                                          | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    647098 | NS      | $29727114.12  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Moncler SpA                                    | Moncler SpA                                                           | CUSIP: N/A<br>LEI: 815600EBD7FB00525B20       | Long             | EC               | CORP              | IT        |    142416 | NS      | $8297686.68   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BP plc                                         | BP plc                                                                | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |  10187257 | NS      | $64592891.88  | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Franc                                    | Swiss Franc                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |       869 | OU      | $1124.49      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated British Foods plc                   | Associated British Foods plc                                          | CUSIP: N/A<br>LEI: GBQKSY6W7G0OHCQ8OQ72       | Long             | EC               | CORP              | GB        |    198249 | NS      | $5181097.74   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Orkla ASA                                      | Orkla ASA                                                             | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               | CORP              | NO        |    447677 | NS      | $5326623.93   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                | CUSIP: N/A<br>LEI: 529900CLC3WDMGI9VH80       | Long             | EC               | CORP              | PT        |   1847342 | NS      | $9446288.31   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM International NV                           | ASM International NV                                                  | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |     29284 | NS      | $24593694.59  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Legrand SA                                     | Legrand SA                                                            | CUSIP: N/A<br>LEI: 969500XXRPGD7HCAFA90       | Long             | EC               | CORP              | FR        |    173529 | NS      | $27705294.36  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Telia Co. AB                                   | Telia Co. AB                                                          | CUSIP: N/A<br>LEI: 213800FSR9RNDUOTXO25       | Long             | EC               | CORP              | SE        |   1539726 | NS      | $7034179.74   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BioMerieux                                     | BioMerieux                                                            | CUSIP: N/A<br>LEI: 549300AK8Y0LBIQ4T071       | Long             | EC               | CORP              | FR        |     29920 | NS      | $3474505.84   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Intertek Group plc                             | Intertek Group plc                                                    | CUSIP: N/A<br>LEI: 2138003GAT25WW1RN369       | Long             | EC               | CORP              | GB        |    106022 | NS      | $6504203.38   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresnillo plc                                  | Fresnillo plc                                                         | CUSIP: N/A<br>LEI: 549300JXWH1UV5J0XV81       | Long             | EC               | CORP              | GB        |    122475 | NS      | $6031472.65   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                                    | Investor AB, Class A                                                  | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |    377965 | NS      | $14465736.31  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| DSM-Firmenich AG                               | DSM-Firmenich AG                                                      | CUSIP: N/A<br>LEI: 506700G44V67MPM4BI12       | Long             | EC               | CORP              | CH        |    162299 | NS      | $12797861.51  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                            | Societe Generale SA                                                   | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |    458661 | NS      | $40192239.75  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd.                                       | ABB Ltd. (Registered)                                                 | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |   1047923 | NS      | $90224171.08  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| London Stock Exchange Group plc                | London Stock Exchange Group plc                                       | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |    308803 | NS      | $34444540.03  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems plc                                | BAE Systems plc                                                       | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |   1947314 | NS      | $52863624.49  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                | Danske Bank A/S                                                       | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |    433551 | NS      | $22088569.47  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                                    | Investor AB, Class B                                                  | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |   1207240 | NS      | $46550781.95  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                                         | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |    577816 | NS      | $22592698.51  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Saab AB                                        | Saab AB, Class B                                                      | CUSIP: N/A<br>LEI: 549300ZHO4JCQQI13M69       | Long             | EC               | CORP              | SE        |    245361 | NS      | $19143775.84  | 0.21%             |  |  |  | No            |                  2 | On Loan: —       |
| Argenx SE                                      | Argenx SE                                                             | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |       404 | NS      | $339752.47    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nokia OYJ                                      | Nokia OYJ                                                             | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |   3354973 | NS      | $21609085.36  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Group Holdings plc                     | Phoenix Group Holdings plc                                            | CUSIP: N/A<br>LEI: 2138001P49OLAEU33T68       | Long             | EC               | CORP              | GB        |    498043 | NS      | $5048003.42   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP Renovaveis SA                              | EDP Renovaveis SA                                                     | CUSIP: N/A<br>LEI: 529900MUFAH07Q1TAX06       | Long             | EC               | CORP              | ES        |    169372 | NS      | $2572997.30   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Swisscom AG                                    | Swisscom AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493005SL9HHOXS3B739       | Long             | EC               | CORP              | CH        |     16875 | NS      | $13855748.53  | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| ASML Holding NV                                | ASML Holding NV                                                       | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    258048 | NS      | $370016585.10 | 4.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group plc (The)                           | Sage Group plc (The)                                                  | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |    645764 | NS      | $8468035.90   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo SpA                                   | Leonardo SpA                                                          | CUSIP: N/A<br>LEI: 529900X4EEX1U9LN3U39       | Long             | EC               | CORP              | IT        |    266202 | NS      | $17789384.94  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| AP Moller - Maersk A/S                         | AP Moller - Maersk A/S, Class A                                       | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |      1775 | NS      | $4352600.24   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER Banca SpA                                 | BPER Banca SpA                                                        | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |    864531 | NS      | $12175570.73  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Rentokil Initial plc                           | Rentokil Initial plc                                                  | CUSIP: N/A<br>LEI: 549300VN4WV7Z6T14K68       | Long             | EC               | CORP              | GB        |   1578084 | NS      | $9794877.41   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Investment AB Latour                           | Investment AB Latour, Class B                                         | CUSIP: N/A<br>LEI: 5493006GFBLNB3Y0Y789       | Long             | EC               | CORP              | SE        |     96374 | NS      | $2399928.09   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuehne + Nagel International AG                | Kuehne + Nagel International AG (Registered)                          | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |     31227 | NS      | $7230996.84   | 0.08%             |  |  |  | No            |                  2 | On Loan: —       |
| Reckitt Benckiser Group plc                    | Reckitt Benckiser Group plc                                           | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |    448397 | NS      | $37378320.98  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayerische Motoren Werke AG                    | Bayerische Motoren Werke AG (Preference)                              | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |     37115 | NS      | $3828247.64   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingspan Group plc                             | Kingspan Group plc                                                    | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |    103103 | NS      | $8977653.55   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                            | Intesa Sanpaolo SpA                                                   | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |  10295846 | NS      | $72888327.73  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| KGHM Polska Miedz SA                           | KGHM Polska Miedz SA                                                  | CUSIP: N/A<br>LEI: G30CO71KTT9JDYJESN22       | Long             | EC               | CORP              | PL        |     90681 | NS      | $8413983.33   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                            | EURO STOXX 50 Index                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | DE        |       544 | NC      | $883483.72    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United Utilities Group plc                     | United Utilities Group plc                                            | CUSIP: N/A<br>LEI: 2138002IEYQAOC88ZJ59       | Long             | EC               | CORP              | GB        |    453331 | NS      | $7763536.97   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| STMicroelectronics NV                          | STMicroelectronics NV                                                 | CUSIP: N/A<br>LEI: 213800Z8NOHIKRI42W10       | Long             | EC               | CORP              | NL        |    428557 | NS      | $12101621.05  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Elia Group SA/NV                               | Elia Group SA/NV                                                      | CUSIP: N/A<br>LEI: 549300S1MP1NFDIKT460       | Long             | EC               | CORP              | BE        |     28397 | NS      | $4111340.46   | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| SAP SE                                         | SAP SE                                                                | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |    683224 | NS      | $136486595.88 | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo plc                                     | Diageo plc                                                            | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |   1478208 | NS      | $34014005.53  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                           | Dassault Systemes SE                                                  | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |    442334 | NS      | $12166317.85  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Talanx AG                                      | Talanx AG                                                             | CUSIP: N/A<br>LEI: 5299006ZIILJ6VJVSJ32       | Long             | EC               | CORP              | DE        |     40000 | NS      | $5045228.67   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegro.eu SA                                  | Allegro.eu SA                                                         | CUSIP: N/A<br>LEI: 222100VRLXV3FPMG4982       | Long             | EC               | CORP              | LU        |    415238 | NS      | $3411122.57   | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Stellantis NV                                  | Stellantis NV                                                         | CUSIP: N/A<br>LEI: 549300LKT9PW7ZIBDF31       | Long             | EC               | CORP              | NL        |   1322073 | NS      | $12972775.10  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Ackermans & van Haaren NV                      | Ackermans & van Haaren NV                                             | CUSIP: N/A<br>LEI: 5493005E2GHATS0Z6J59       | Long             | EC               | CORP              | BE        |     14550 | NS      | $4304883.58   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Generali                                       | Generali                                                              | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | EC               | CORP              | IT        |    582386 | NS      | $23755773.29  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Axfood AB                                      | Axfood AB                                                             | CUSIP: N/A<br>LEI: 549300QIXCZWZLHE8L05       | Long             | EC               | CORP              | SE        |     71305 | NS      | $2442341.34   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Wartsila OYJ Abp                               | Wartsila OYJ Abp                                                      | CUSIP: N/A<br>LEI: 743700G7A9J1PHM3X223       | Long             | EC               | CORP              | FI        |    321889 | NS      | $13049399.54  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                      | Epiroc AB, Class B                                                    | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |    259261 | NS      | $6465218.46   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Mediolanum SpA                           | Banca Mediolanum SpA                                                  | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |    137954 | NS      | $3236154.17   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Galderma Group AG                              | Galderma Group AG                                                     | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               | CORP              | CH        |     88986 | NS      | $16586899.79  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Daimler Truck Holding AG                       | Daimler Truck Holding AG                                              | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |    291527 | NS      | $14115436.14  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| LPP SA                                         | LPP SA                                                                | CUSIP: N/A<br>LEI: 259400NUS7MKGPJL4752       | Long             | EC               | CORP              | PL        |       848 | NS      | $4683105.36   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                            | Erste Group Bank AG                                                   | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |    198685 | NS      | $25830830.77  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Italia SpA                             | Telecom Italia SpA                                                    | CUSIP: N/A<br>LEI: 549300W384M3RI3VXU42       | Long             | EC               | CORP              | IT        |   8248984 | NS      | $5595563.37   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon plc                                     | Haleon plc                                                            | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |   5920782 | NS      | $30965118.89  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrovial SE                                   | Ferrovial SE                                                          | CUSIP: N/A<br>LEI: 72450022R2ZFL41Y6I04       | Long             | EC               | CORP              | NL        |    301330 | NS      | $20353367.89  | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Securitas AB                                   | Securitas AB, Class B                                                 | CUSIP: N/A<br>LEI: 635400TTYKE8EIWDS617       | Long             | EC               | CORP              | SE        |    350998 | NS      | $5804419.49   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB               | Skandinaviska Enskilda Banken AB, Class C                             | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |     13392 | NS      | $295037.47    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Europacific Partners plc             | Coca-Cola Europacific Partners plc                                    | CUSIP: N/A<br>LEI: 549300LTH67W4GWMRF57       | Long             | EC               | CORP              | GB        |    137392 | NS      | $12598846.40  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                     | Vonovia SE                                                            | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |    547047 | NS      | $16017147.74  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA                                | Norsk Hydro ASA                                                       | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |    852089 | NS      | $7564747.72   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                      | Holcim AG                                                             | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |    327734 | NS      | $33779176.20  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Nibe Industrier AB                             | Nibe Industrier AB, Class B                                           | CUSIP: N/A<br>LEI: 549300ZQH0FIF1P0MX67       | Long             | EC               | CORP              | SE        |   1090501 | NS      | $4177467.78   | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Holmen AB                                      | Holmen AB, Class B                                                    | CUSIP: N/A<br>LEI: 52990080SH3454F0QE68       | Long             | EC               | CORP              | SE        |     52767 | NS      | $1977862.63   | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Schroders plc                                  | Schroders plc                                                         | CUSIP: N/A<br>LEI: 2138001YYBULX5SZ2H24       | Long             | EC               | CORP              | GB        |    570060 | NS      | $3530799.59   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid plc                              | National Grid plc                                                     | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |   3298278 | NS      | $56036275.27  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                               | Roche Holding AG                                                      | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |    458789 | NS      | $208629676.06 | 2.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                     | Allianz SE (Registered)                                               | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |    256731 | NS      | $113044351.94 | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Dr Ing hc F Porsche AG                         | Dr Ing hc F Porsche AG (Preference)                                   | CUSIP: N/A<br>LEI: 529900EWEX125AULXI58       | Long             | EC               | CORP              | DE        |     73284 | NS      | $3566211.90   | 0.04%             |  |  |  | Yes           |                  2 | On Loan: —       |
| Evraz plc                                      | Evraz plc                                                             | CUSIP: N/A<br>LEI: 5493005B7DAN39RXLK23       | Long             | EC               | CORP              | GB        |    453755 | NS      | $0.62         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Aker BP ASA                                    | Aker BP ASA                                                           | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |    203972 | NS      | $6004508.45   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                      | Epiroc AB, Class A                                                    | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |    413821 | NS      | $11600722.87  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Kesko OYJ                                      | Kesko OYJ, Class A                                                    | CUSIP: N/A<br>LEI: 743700OX6HSVMCAHPB95       | Long             | EC               | CORP              | FI        |     57897 | NS      | $1447820.05   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Agricole SA                             | Credit Agricole SA                                                    | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | EC               | CORP              | FR        |    750461 | NS      | $16252306.96  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                                  | Assa Abloy AB, Class B                                                | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |    700219 | NS      | $28312607.20  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA    | Powszechna Kasa Oszczednosci Bank Polski SA                           | CUSIP: N/A<br>LEI: P4GTT6GF1W40CVIMFR43       | Long             | EC               | CORP              | PL        |    570081 | NS      | $14828301.77  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SGS SA                                         | SGS SA (Registered)                                                   | CUSIP: N/A<br>LEI: 2138007JNS19JHNA2336       | Long             | EC               | CORP              | CH        |    101427 | NS      | $12207698.66  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB               | Skandinaviska Enskilda Banken AB, Class A                             | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |    892056 | NS      | $19174244.67  | 0.21%             |  |  |  | No            |                  2 | On Loan: —       |
| E.ON SE                                        | E.ON SE                                                               | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |   1471641 | NS      | $31213298.24  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                       | Sagax AB, Class D                                                     | CUSIP: N/A<br>LEI: 549300LJX28T6OM8DT95       | Long             | EC               | CORP              | SE        |     73196 | NS      | $278978.86    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell plc                                      | Shell plc                                                             | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |   3820992 | NS      | $146877064.76 | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Var Energi ASA                                 | Var Energi ASA                                                        | CUSIP: N/A<br>LEI: 549300LIVN3FFOJN2K47       | Long             | EC               | CORP              | NO        |    541047 | NS      | $1978301.31   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken Holding NV                            | Heineken Holding NV                                                   | CUSIP: N/A<br>LEI: 724500M1WJLFM9TYBS04       | Long             | EC               | CORP              | NL        |     86883 | NS      | $6457939.65   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Kesko OYJ                                      | Kesko OYJ, Class B                                                    | CUSIP: N/A<br>LEI: 743700OX6HSVMCAHPB95       | Long             | EC               | CORP              | FI        |    179506 | NS      | $4540315.43   | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Roche Holding AG                               | Roche Holding AG                                                      | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     19293 | NS      | $8915707.92   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Mowi ASA                                       | Mowi ASA                                                              | CUSIP: N/A<br>LEI: 549300W1OGQF5LZIH349       | Long             | EC               | CORP              | NO        |    294623 | NS      | $6791674.78   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA             | Banco Bilbao Vizcaya Argentaria SA                                    | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |   3827702 | NS      | $97161144.84  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Veolia Environnement SA                        | Veolia Environnement SA                                               | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |    422468 | NS      | $15845592.36  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro plc                                      | Segro plc                                                             | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |    823273 | NS      | $8577333.42   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                        | BASF SE                                                               | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |    593364 | NS      | $32168633.45  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordnet AB publ                                | Nordnet AB publ                                                       | CUSIP: N/A<br>LEI: 549300D6WW5ZTWLZ4C08       | Long             | EC               | CORP              | SE        |    105818 | NS      | $3423540.91   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                           | Henkel AG & Co. KGaA                                                  | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     64042 | NS      | $5286613.77   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Genmab A/S                                     | Genmab A/S                                                            | CUSIP: N/A<br>LEI: 529900MTJPDPE4MHJ122       | Long             | EC               | CORP              | DK        |     41376 | NS      | $13479699.90  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Infineon Technologies AG                       | Infineon Technologies AG                                              | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |    840753 | NS      | $41098122.63  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Buzzi SpA                                      | Buzzi SpA                                                             | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |     52472 | NS      | $2986790.33   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Geberit AG                                     | Geberit AG (Registered)                                               | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |     21897 | NS      | $16720346.99  | 0.18%             |  |  |  | No            |                  2 | On Loan: —       |
| Warehouses De Pauw CVA                         | Warehouses De Pauw CVA                                                | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    118165 | NS      | $3348281.75   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Straumann Holding AG                           | Straumann Holding AG (Registered)                                     | CUSIP: N/A<br>LEI: 50670046ML5FVIM60Z37       | Long             | EC               | CORP              | CH        |     71511 | NS      | $8600611.71   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                      | Zurich Insurance Group AG                                             | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |     94404 | NS      | $67161080.12  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Aena SME SA                                    | Aena SME SA                                                           | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |    488641 | NS      | $15176006.62  | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| UniCredit SpA                                  | UniCredit SpA                                                         | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |   1010851 | NS      | $88091680.73  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered plc                         | Standard Chartered plc                                                | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |   1225677 | NS      | $31360700.47  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| J Sainsbury plc                                | J Sainsbury plc                                                       | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |   1139110 | NS      | $4991255.87   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Endesa SA                                      | Endesa SA                                                             | CUSIP: N/A<br>LEI: 549300LHK07F2CHV4X31       | Long             | EC               | CORP              | ES        |    206350 | NS      | $7604519.88   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Sofina SA                                      | Sofina SA                                                             | CUSIP: N/A<br>LEI: 5493000GMVR38VUO5D39       | Long             | EC               | CORP              | BE        |     10054 | NS      | $2929852.89   | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Universal Music Group NV                       | Universal Music Group NV                                              | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               | CORP              | NL        |    629365 | NS      | $15430489.94  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                               | ArcelorMittal SA                                                      | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |    279968 | NS      | $15204524.84  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                     | Siemens AG (Registered)                                               | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |    488935 | NS      | $147819861.13 | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Poste Italiane SpA                             | Poste Italiane SpA                                                    | CUSIP: N/A<br>LEI: 815600354DEDBD0BA991       | Long             | EC               | CORP              | IT        |    304875 | NS      | $8029853.32   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cie Generale des Etablissements Michelin SCA   | Cie Generale des Etablissements Michelin SCA                          | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |    449464 | NS      | $16691132.86  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandvik AB                                     | Sandvik AB                                                            | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |    647136 | NS      | $25553037.98  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ACS Actividades de Construccion y Servicios SA | ACS Actividades de Construccion y Servicios SA                        | CUSIP: N/A<br>LEI: 95980020140005558665       | Long             | EC               | CORP              | ES        |    145915 | NS      | $16371117.41  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Syensqo SA                                     | Syensqo SA                                                            | CUSIP: N/A<br>LEI: 549300060XNJ90PLNS10       | Long             | EC               | CORP              | BE        |     47193 | NS      | $3971944.15   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                | AstraZeneca plc                                                       | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |   1030411 | NS      | $191980092.66 | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Smiths Group plc                               | Smiths Group plc                                                      | CUSIP: N/A<br>LEI: 213800MJL6IPZS3ASA11       | Long             | EC               | CORP              | GB        |    221779 | NS      | $7616298.46   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Volkswagen AG                                  | Volkswagen AG (Preference)                                            | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EC               | CORP              | DE        |    137089 | NS      | $16629591.75  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ANDRITZ AG                                     | ANDRITZ AG                                                            | CUSIP: N/A<br>LEI: 549300VZKC61IR5U8G96       | Long             | EC               | CORP              | AT        |     43130 | NS      | $3731799.14   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandoz Group AG                                | Sandoz Group AG                                                       | CUSIP: N/A<br>LEI: 5493000JWK6XWFEUD320       | Long             | EC               | CORP              | CH        |    274788 | NS      | $21770312.44  | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| Santander Bank Polska SA                       | Santander Bank Polska SA                                              | CUSIP: N/A<br>LEI: 259400LGXW3K0GDAG361       | Long             | EC               | CORP              | PL        |     25680 | NS      | $4028790.64   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Beiersdorf AG                                  | Beiersdorf AG                                                         | CUSIP: N/A<br>LEI: L47NHHI0Z9X22DV46U41       | Long             | EC               | CORP              | DE        |     63959 | NS      | $7628990.94   | 0.08%             |  |  |  | No            |                  2 | On Loan: —       |
| Dino Polska SA                                 | Dino Polska SA                                                        | CUSIP: N/A<br>LEI: 259400H4L81SMPRTW956       | Long             | EC               | CORP              | PL        |    318072 | NS      | $3365058.02   | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Orsted A/S                                     | Orsted A/S                                                            | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |    305668 | NS      | $6876080.89   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Galp Energia SGPS SA                           | Galp Energia SGPS SA                                                  | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |    275763 | NS      | $5487035.77   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto plc                                  | Rio Tinto plc                                                         | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |    710389 | NS      | $64811867.78  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Safran SA                                      | Safran SA                                                             | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |    231106 | NS      | $82572192.42  | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group plc                              | Ashtead Group plc                                                     | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |    278655 | NS      | $17939723.39  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrica plc                                   | Centrica plc                                                          | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |   3068957 | NS      | $8036096.78   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                                    | Equinor ASA                                                           | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |    444172 | NS      | $11938689.54  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Group plc                                | Kerry Group plc, Class A                                              | CUSIP: N/A<br>LEI: 635400TLVVBNXLFHWC59       | Long             | EC               | CORP              | IE        |     97550 | NS      | $8671412.26   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                       | Svenska Handelsbanken AB, Class B                                     | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |     23439 | NS      | $614324.56    | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| Banco BPM SpA                                  | Banco BPM SpA                                                         | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |    872343 | NS      | $13075829.21  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                         | Yara International ASA                                                | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               | CORP              | NO        |    108043 | NS      | $4965955.97   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                       | Volvo AB, Class B                                                     | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |   1022246 | NS      | $37145790.85  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius SE & Co. KGaA                        | Fresenius SE & Co. KGaA                                               | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |    273348 | NS      | $15290490.10  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Skanska AB                                     | Skanska AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300UINV5RINHGMG07       | Long             | EC               | CORP              | SE        |    217408 | NS      | $6603161.45   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg A/S                                  | Carlsberg A/S, Class B                                                | CUSIP: N/A<br>LEI: 5299001O0WJQYB5GYZ19       | Long             | EC               | CORP              | DK        |     61398 | NS      | $8347008.53   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                               | TotalEnergies SE                                                      | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |   1324284 | NS      | $96313539.56  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Naturgy Energy Group SA                        | Naturgy Energy Group SA                                               | CUSIP: N/A<br>LEI: TL2N6M87CW970S5SV098       | Long             | EC               | CORP              | ES        |     70246 | NS      | $2204886.23   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone OYJ                                       | Kone OYJ, Class B                                                     | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |    235735 | NS      | $16941071.97  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                       | Engie SA                                                              | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |   1165505 | NS      | $34797828.74  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Salmar ASA                                     | Salmar ASA                                                            | CUSIP: N/A<br>LEI: 5967007LIEEXZXGDBK67       | Long             | EC               | CORP              | NO        |     48066 | NS      | $2863313.81   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                                 | Lonza Group AG (Registered)                                           | CUSIP: N/A<br>LEI: 549300EFW4H2TCZ71055       | Long             | EC               | CORP              | CH        |     46689 | NS      | $31722852.22  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| BT Group plc                                   | BT Group plc                                                          | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |   4124188 | NS      | $10840522.15  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica SA                                  | Telefonica SA                                                         | CUSIP: 879382109<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |   2995567 | NS      | $12126959.19  | 0.13%             |  |  |  | No            |                  2 | On Loan: —       |
| Bayerische Motoren Werke AG                    | Bayerische Motoren Werke AG                                           | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |    190023 | NS      | $19568634.21  | 0.22%             |  |  |  | No            |                  2 | On Loan: —       |
| Nestle SA                                      | Nestle SA (Registered)                                                | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |   1707740 | NS      | $162963740.43 | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Admiral Group plc                              | Admiral Group plc                                                     | CUSIP: N/A<br>LEI: 213800FGVM7Z9EJB2685       | Long             | EC               | CORP              | GB        |    153311 | NS      | $5769701.18   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV A/S                                        | DSV A/S                                                               | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |    127053 | NS      | $35725413.56  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                                   | KBC Group NV                                                          | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |    166358 | NS      | $23442445.62  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Austria AG                             | Telekom Austria AG                                                    | CUSIP: N/A<br>LEI: 529900KCNFQU5OJH7L33       | Long             | EC               | CORP              | AT        |     57836 | NS      | $614946.45    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kongsberg Gruppen ASA                          | Kongsberg Gruppen ASA                                                 | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ9HK73       | Long             | EC               | CORP              | NO        |    290608 | NS      | $9982703.65   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                               | Coca-Cola HBC AG                                                      | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |    134059 | NS      | $7280699.26   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Aviation SA                           | Dassault Aviation SA                                                  | CUSIP: N/A<br>LEI: 969500CVFTUT88V8QN95       | Long             | EC               | CORP              | FR        |     11961 | NS      | $4547274.15   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew plc                             | Smith & Nephew plc                                                    | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |    580070 | NS      | $9886285.33   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                       | Volvo AB, Class A                                                     | CUSIP: 928856202<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |    126026 | NS      | $4578925.34   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion OYJ                                      | Orion OYJ, Class A                                                    | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |     17985 | NS      | $1476729.64   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene OYJ                                | UPM-Kymmene OYJ                                                       | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |    350574 | NS      | $9671684.14   | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| Nordea Bank Abp                                | Nordea Bank Abp                                                       | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |   2156417 | NS      | $41608052.86  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| EXOR NV                                        | EXOR NV                                                               | CUSIP: N/A<br>LEI: 5493002ENHZ6NYET7405       | Long             | EC               | CORP              | NL        |     57068 | NS      | $4685631.75   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Bunzl plc                                      | Bunzl plc                                                             | CUSIP: N/A<br>LEI: 213800Q1Q9DV4L78UM09       | Long             | EC               | CORP              | GB        |    207850 | NS      | $5828753.01   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Pearson plc                                    | Pearson plc                                                           | CUSIP: N/A<br>LEI: 2138004JBXWWJKIURC57       | Long             | EC               | CORP              | GB        |    439845 | NS      | $5785261.52   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcon AG                                       | Alcon AG                                                              | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |    326957 | NS      | $26464668.83  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                             | Cellnex Telecom SA                                                    | CUSIP: N/A<br>LEI: 5493008T4YG3AQUI7P67       | Long             | EC               | CORP              | ES        |    380672 | NS      | $11774249.39  | 0.13%             |  |  |  | Yes           |                  2 | On Loan: —       |
| Heineken NV                                    | Heineken NV                                                           | CUSIP: N/A<br>LEI: 724500K5PTPSST86UQ23       | Long             | EC               | CORP              | NL        |    186921 | NS      | $15430265.72  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                       | Tele2 AB, Class B                                                     | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |    367567 | NS      | $6762691.94   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Heidelberg Materials AG                        | Heidelberg Materials AG                                               | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |     85053 | NS      | $23293533.04  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Givaudan SA                                    | Givaudan SA (Registered)                                              | CUSIP: N/A<br>LEI: 213800SVRMQA1TD91D41       | Long             | EC               | CORP              | CH        |      5392 | NS      | $20842719.19  | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                   | CaixaBank SA                                                          | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |   2366888 | NS      | $31243370.01  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                            | Deutsche Telekom AG (Registered)                                      | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |   2212109 | NS      | $74234594.06  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                    | Novartis AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |   1230362 | NS      | $182548586.74 | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                      | Prosus NV                                                             | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |    869505 | NS      | $49997644.02  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American plc                             | Anglo American plc                                                    | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |    709854 | NS      | $32914378.43  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Amrize Ltd.                                    | Amrize Ltd.                                                           | CUSIP: N/A<br>LEI: 529900SLCCO6K43P8146       | Long             | EC               | CORP              | CH        |    352991 | NS      | $18673198.68  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedish Orphan Biovitrum AB                    | Swedish Orphan Biovitrum AB                                           | CUSIP: N/A<br>LEI: 549300124Y3MQI87PT35       | Long             | EC               | CORP              | SE        |    108003 | NS      | $4101454.24   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Barratt Redrow plc                             | Barratt Redrow plc                                                    | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |    856102 | NS      | $4558517.08   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Bureau Veritas SA                              | Bureau Veritas SA                                                     | CUSIP: N/A<br>LEI: 969500TPU5T3HA5D1F11       | Long             | EC               | CORP              | FR        |    207458 | NS      | $6678558.83   | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| Essity AB                                      | Essity AB, Class B                                                    | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |    397871 | NS      | $11780422.46  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev SA                        | Anheuser-Busch InBev SA                                               | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |    650294 | NS      | $46810150.39  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Tryg A/S                                       | Tryg A/S                                                              | CUSIP: N/A<br>LEI: 213800ZRS8AC4LSTCE39       | Long             | EC               | CORP              | DK        |    205260 | NS      | $4988435.32   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Stora Enso OYJ                                 | Stora Enso OYJ, Class R                                               | CUSIP: N/A<br>LEI: 7437000ZP669LKUTZ738       | Long             | EC               | CORP              | FI        |    392470 | NS      | $4518112.28   | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Siemens Energy AG                              | Siemens Energy AG                                                     | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |    447137 | NS      | $76183247.26  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Polish Zloty - New                             | Polish Zloty - New                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | PL        |      3357 | OU      | $944.73       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrivarden AB                              | Industrivarden AB, Class A                                            | CUSIP: N/A<br>LEI: 549300TM1DLIQI3B3T37       | Long             | EC               | CORP              | SE        |     76386 | NS      | $3818571.90   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortum OYJ                                     | Fortum OYJ                                                            | CUSIP: N/A<br>LEI: 635400IUIZZIUJSAMF76       | Long             | EC               | CORP              | FI        |    290504 | NS      | $6862391.11   | 0.08%             |  |  |  | No            |                  2 | On Loan: —       |
| International Consolidated Airlines Group SA   | International Consolidated Airlines Group SA                          | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |   2192921 | NS      | $12598507.73  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| BioNTech SE                                    | BioNTech SE                                                           | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |     65938 | NS      | $7500447.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FinecoBank Banca Fineco SpA                    | FinecoBank Banca Fineco SpA                                           | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    405898 | NS      | $10760457.86  | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                   | Capgemini SE                                                          | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |    112872 | NS      | $17537853.77  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                | Telefonaktiebolaget LM Ericsson, Class A                              | CUSIP: N/A<br>LEI: 549300W9JLPW15XIFM52       | Long             | EC               | CORP              | SE        |     36578 | NS      | $397584.10    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                              | HSBC Holdings plc                                                     | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |  11429988 | NS      | $201635562.33 | 2.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Schindler Holding AG                           | Schindler Holding AG (Registered)                                     | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |     13757 | NS      | $5059568.45   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| L E Lundbergforetagen AB                       | L E Lundbergforetagen AB, Class B                                     | CUSIP: N/A<br>LEI: 529900BPSFZS6O3A9R04       | Long             | EC               | CORP              | SE        |     49718 | NS      | $2961633.26   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Spirax Group plc                               | Spirax Group plc                                                      | CUSIP: N/A<br>LEI: 213800WFVZQMHOZP2W17       | Long             | EC               | CORP              | GB        |     47570 | NS      | $4740084.65   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| UCB SA                                         | UCB SA                                                                | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |     79966 | NS      | $24367696.63  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                     | L'Oreal SA                                                            | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |    160716 | NS      | $73839280.27  | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Wise plc                                       | Wise plc, Class A                                                     | CUSIP: N/A<br>LEI: 213800LD9XCHIC1C4V71       | Long             | EC               | CORP              | GB        |    453804 | NS      | $5853044.98   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bollore SE                                     | Bollore SE                                                            | CUSIP: N/A<br>LEI: 969500LEKCHH6VV86P94       | Long             | EC               | CORP              | FR        |    461755 | NS      | $2632663.41   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Autotrader Group plc                           | Autotrader Group plc                                                  | CUSIP: N/A<br>LEI: 213800QLK9BZILB1DI86       | Long             | EC               | CORP              | GB        |    583741 | NS      | $4303040.39   | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Continental AG                                 | Continental AG                                                        | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |     71802 | NS      | $5650049.43   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CVC Capital Partners plc                       | CVC Capital Partners plc                                              | CUSIP: N/A<br>LEI: 213800E8UQS1KA32YD39       | Long             | EC               | CORP              | JE        |    516591 | NS      | $9178154.88   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| EURO                                           | EURO                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |  30617591 | OU      | $36292561.86  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                                  | British Pound                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |   2264889 | OU      | $3099161.26   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingfisher plc                                 | Kingfisher plc                                                        | CUSIP: N/A<br>LEI: 213800KBMEV7I92FY281       | Long             | EC               | CORP              | GB        |   1135408 | NS      | $5232403.68   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bouygues SA                                    | Bouygues SA                                                           | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |    123722 | NS      | $6687647.69   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Boliden AB                                     | Boliden AB                                                            | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |    188865 | NS      | $13225599.08  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group plc                              | NatWest Group plc                                                     | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |   5119227 | NS      | $46660654.84  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Repsol SA                                      | Repsol SA                                                             | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |    759322 | NS      | $14959482.89  | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Re AG                                    | Swiss Re AG                                                           | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |    195308 | NS      | $31207062.18  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrari NV                                     | Ferrari NV                                                            | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |     83581 | NS      | $27878101.79  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE plc                                        | SSE plc                                                               | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |    726746 | NS      | $24155184.59  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Verbund AG                                     | Verbund AG                                                            | CUSIP: N/A<br>LEI: 5299006UDSEJCTTEJS30       | Long             | EC               | CORP              | AT        |     45609 | NS      | $3346586.21   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| InterContinental Hotels Group plc              | InterContinental Hotels Group plc                                     | CUSIP: N/A<br>LEI: 2138007ZFQYRUSLU3J98       | Long             | EC               | CORP              | GB        |    102593 | NS      | $13860344.46  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings plc                       | Rolls-Royce Holdings plc                                              | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |   5563280 | NS      | $93001221.68  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                              | Hannover Rueck SE                                                     | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |     39927 | NS      | $11289346.26  | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| H & M Hennes & Mauritz AB                      | H & M Hennes & Mauritz AB, Class B                                    | CUSIP: N/A<br>LEI: 529900O5RR7R39FRDM42       | Long             | EC               | CORP              | SE        |    329046 | NS      | $6589190.90   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                   | DNB Bank ASA                                                          | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |    486478 | NS      | $13948960.40  | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MTU Aero Engines AG                            | MTU Aero Engines AG                                                   | CUSIP: N/A<br>LEI: 529900807L67JY81RD65       | Long             | EC               | CORP              | DE        |     33520 | NS      | $14902167.61  | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                               | Pernod Ricard SA                                                      | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |    130884 | NS      | $11703215.39  | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                     | Merck KGaA                                                            | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |     85922 | NS      | $12801757.12  | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Aviva plc                                      | Aviva plc                                                             | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |   2015741 | NS      | $17572933.61  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                               | Deutsche Bank AG (Registered)                                         | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |   1176817 | NS      | $46438505.92  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                           | Henkel AG & Co. KGaA (Preference)                                     | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |    108247 | NS      | $9509716.82   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Melrose Industries plc                         | Melrose Industries plc                                                | CUSIP: N/A<br>LEI: 213800RGNXXZY2M7TR85       | Long             | EC               | CORP              | GB        |    789916 | NS      | $6791645.55   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG         | Chocoladefabriken Lindt & Spruengli AG (Registered)                   | CUSIP: N/A<br>LEI: 529900JYJNNOKKAGK736       | Long             | EC               | CORP              | CH        |        70 | NS      | $10346821.24  | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| EMS-Chemie Holding AG                          | EMS-Chemie Holding AG (Registered)                                    | CUSIP: N/A<br>LEI: 529900G1XFTGSE0DIX60       | Long             | EC               | CORP              | CH        |      4525 | NS      | $3518044.80   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

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

**Signature:** Timothy J. Clemens

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

**Title:** Treasurer and Principal Financial Officer