Document


President’s Letter			2
Low Volatility ETF


Fund Characteristics			3
Quality Convertible Securities ETF


Fund Characteristics			4
Quality Diversified International ETF


Fund Characteristics			5
Quality Preferred ETF


Fund Characteristics			6
STOXX® U.S. Quality Growth ETF


Fund Characteristics			7
STOXX® U.S. Quality Value ETF


Fund Characteristics			8
Shareholder Fee Examples			9
Schedules of Investments			11
Statements of Assets and Liabilities			49
Statements of Operations			52
Statements of Changes in Net Assets			55
Notes to Financial Statements			58
Financial Highlights			65





Additional Information			71

Any opinions expressed in this report reflect those of the author as of the date of the report, and do not necessarily represent the opinions of American Century Investments® or any other person in the American Century Investments organization. Any such opinions are subject to change at any time based upon market or other conditions and American Century Investments disclaims any responsibility to update such opinions. These opinions may not be relied upon as investment advice and, because investment decisions made by American Century Investments funds are based on numerous factors, may not be relied upon as an indication of trading intent on behalf of any American Century Investments fund. Security examples are used for representational purposes only and are not intended as recommendations to purchase or sell securities. Performance information for comparative indices and securities is provided to American Century Investments by third party vendors. To the best of American Century Investments’ knowledge, such information is accurate at the time of printing.

The STOXX® Index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland ("STOXX"), Deutsche Börse Group or their licensors, which is used under license. The funds are neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the STOXX® Index or its data.

Russia’s invasion of Ukraine has led to a devastating humanitarian crisis and further complicated a tense geopolitical backdrop. Even before the West imposed sanctions on Russia, our firm had started reducing exposure to Russian markets. After the sanctions, our direct exposure to Russian assets was less than $5 million, or 0.001% of total assets under supervision (as of March 7). We will continue to monitor the evolving situation and its implications for our clients and our investment exposure.

The table provides information about actual account values and actual expenses for each fund. You may use the information, together with the amount you invested, to estimate the expenses that you paid over the period. First, identify the fund you own. Then simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number under the heading “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.

The table also provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio of your fund and an assumed rate of return of 5% per year before expenses, which is not the actual return of a fund. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.


	Beginning Account Value 9/1/21	Ending Account Value 2/28/22	Expenses Paid During Period(1) 9/1/21 - 2/28/22	Annualized Expense Ratio(1)
Low Volatility ETF
Actual	$1,000	$951.20	$1.40	0.29%
Hypothetical	$1,000	$1,023.36	$1.45	0.29%
Quality Convertible Securities ETF
Actual	$1,000	$956.50	$1.55	0.32%
Hypothetical	$1,000	$1,023.21	$1.61	0.32%
Quality Diversified International ETF
Actual	$1,000	$888.30	$1.83	0.39%
Hypothetical	$1,000	$1,022.86	$1.96	0.39%
Quality Preferred ETF
Actual	$1,000	$951.80	$1.55	0.32%
Hypothetical	$1,000	$1,023.21	$1.61	0.32%
STOXX® U.S. Quality Growth ETF
Actual	$1,000	$888.50	$1.36	0.29%
Hypothetical	$1,000	$1,023.36	$1.45	0.29%
STOXX® U.S. Quality Value ETF
Actual	$1,000	$985.10	$1.43	0.29%
Hypothetical	$1,000	$1,023.36	$1.45	0.29%


Low Volatility ETF
	Shares	Value
COMMON STOCKS — 99.6%
Aerospace and Defense — 1.4%
General Dynamics Corp.	432	$	101,282
Air Freight and Logistics — 0.7%
FedEx Corp.	231	51,344
Auto Components — 0.6%
Magna International, Inc.	597	44,339
Banks — 3.9%
Bank of America Corp.	2,304	101,837
First Horizon Corp.	1,302	30,571
JPMorgan Chase & Co.	915	129,747
Toronto-Dominion Bank (The)	301	24,287
		286,442
Beverages — 2.6%
Coca-Cola Co. (The)	2,548	158,588
PepsiCo, Inc.	233	38,151
		196,739
Biotechnology — 0.6%
AbbVie, Inc.	202	29,850
Amgen, Inc.	69	15,627
		45,477
Capital Markets — 2.1%
Goldman Sachs Group, Inc. (The)	117	39,931
Moody's Corp.	137	44,118
S&P Global, Inc.	139	52,222
Virtu Financial, Inc., Class A	593	20,803
		157,074
Chemicals — 2.2%
Linde plc	77	22,579
Nutrien Ltd.	290	24,937
Sherwin-Williams Co. (The)	451	118,672
		166,188
Commercial Services and Supplies — 2.8%
Republic Services, Inc.	712	85,639
Waste Management, Inc.	870	125,628
		211,267
Communications Equipment — 2.8%
Cisco Systems, Inc.	2,561	142,827
Juniper Networks, Inc.	1,161	39,230
Telefonaktiebolaget LM Ericsson, ADR	3,031	28,128
		210,185
Construction Materials — 0.1%
CRH plc, ADR	221	9,921
Containers and Packaging — 1.1%
International Paper Co.	1,222	53,193
WestRock Co.	603	27,298
		80,491


Low Volatility ETF
	Shares	Value
Diversified Financial Services — 1.9%
Berkshire Hathaway, Inc., Class B(1)	438	$	140,795
Diversified Telecommunication Services — 0.2%
Lumen Technologies, Inc.	1,152	11,935
Electric Utilities — 0.6%
Southern Co. (The)	687	44,497
Electrical Equipment — 0.3%
Emerson Electric Co.	251	23,323
Electronic Equipment, Instruments and Components — 1.3%
Amphenol Corp., Class A	364	27,667
TE Connectivity Ltd.	474	67,512
		95,179
Equity Real Estate Investment Trusts (REITs) — 2.7%
AvalonBay Communities, Inc.	123	29,347
Host Hotels & Resorts, Inc.(1)	1,489	27,204
Mid-America Apartment Communities, Inc.	126	25,781
Prologis, Inc.	265	38,650
Public Storage	97	34,437
Simon Property Group, Inc.	317	43,606
		199,025
Food and Staples Retailing — 3.3%
Costco Wholesale Corp.	242	125,658
Kroger Co. (The)	1,064	49,795
Walmart, Inc.	491	66,364
		241,817
Food Products — 3.2%
Archer-Daniels-Midland Co.	596	46,756
Conagra Brands, Inc.	685	23,955
Hershey Co. (The)	215	43,486
Ingredion, Inc.	506	44,902
Kellogg Co.	352	22,507
Tyson Foods, Inc., Class A	638	59,117
		240,723
Health Care Equipment and Supplies — 3.1%
Becton Dickinson and Co.	150	40,692
Boston Scientific Corp.(1)	527	23,278
Intuitive Surgical, Inc.(1)	75	21,775
Medtronic plc	412	43,256
Stryker Corp.	387	101,916
		230,917
Health Care Providers and Services — 5.7%
Anthem, Inc.	160	72,296
Centene Corp.(1)	795	65,683
CVS Health Corp.	692	71,726
Henry Schein, Inc.(1)	600	51,828
Humana, Inc.	88	38,220
Laboratory Corp. of America Holdings(1)	55	14,919
McKesson Corp.	214	58,841
Quest Diagnostics, Inc.	74	9,714
UnitedHealth Group, Inc.	87	41,401
		424,628


Low Volatility ETF
	Shares	Value
Hotels, Restaurants and Leisure — 2.0%
McDonald's Corp.	392	$	95,950
Starbucks Corp.	538	49,383
		145,333
Household Products — 1.3%
Colgate-Palmolive Co.	501	38,552
Procter & Gamble Co. (The)	392	61,109
		99,661
Independent Power and Renewable Electricity Producers — 0.6%
Vistra Corp.	1,903	43,426
Insurance — 5.1%
Aflac, Inc.	181	11,057
Allstate Corp. (The)	378	46,252
Brown & Brown, Inc.	653	44,149
Everest Re Group Ltd.	220	65,609
Marsh & McLennan Cos., Inc.	906	140,802
Progressive Corp. (The)	640	67,795
		375,664
Interactive Media and Services — 4.4%
Alphabet, Inc., Class A(1)	121	326,838
Internet and Direct Marketing Retail — 1.6%
Amazon.com, Inc.(1)	38	116,708
IT Services — 4.5%
Accenture plc, Class A	443	139,997
International Business Machines Corp.	193	23,644
Visa, Inc., Class A	805	173,977
		337,618
Life Sciences Tools and Services — 0.9%
Agilent Technologies, Inc.	163	21,249
Danaher Corp.	159	43,631
		64,880
Machinery — 2.2%
AGCO Corp.	197	23,672
Dover Corp.	370	58,038
IDEX Corp.	172	33,007
Illinois Tool Works, Inc.	209	45,215
		159,932
Media — 0.3%
Comcast Corp., Class A	467	21,837
Multi-Utilities — 0.5%
Brookfield Infrastructure Partners LP	665	39,441
Multiline Retail — 0.2%
Target Corp.	68	13,584
Oil, Gas and Consumable Fuels — 4.4%
Cheniere Energy, Inc.	106	14,088
Chevron Corp.	520	74,880
ConocoPhillips	294	27,889
Devon Energy Corp.	577	34,360
Equinor ASA, ADR	931	29,289
Exxon Mobil Corp.	1,230	96,457
Marathon Petroleum Corp.	184	14,328


Low Volatility ETF
	Shares	Value
Phillips 66	454	$	38,245
		329,536
Pharmaceuticals — 6.5%
Bristol-Myers Squibb Co.	2,222	152,585
Johnson & Johnson	823	135,441
Merck & Co., Inc.	726	55,597
Pfizer, Inc.	1,416	66,467
Viatris, Inc.	2,587	28,483
Zoetis, Inc.	236	45,701
		484,274
Professional Services — 2.8%
CACI International, Inc., Class A(1)	215	60,155
Jacobs Engineering Group, Inc.	413	50,799
KBR, Inc.	426	21,147
ManpowerGroup, Inc.	178	18,918
Science Applications International Corp.	261	22,887
Verisk Analytics, Inc.	207	36,709
		210,615
Real Estate Management and Development — 0.2%
CBRE Group, Inc., Class A(1)	154	14,915
Road and Rail — 1.4%
Knight-Swift Transportation Holdings, Inc.	277	15,091
Schneider National, Inc., Class B	1,065	27,818
Union Pacific Corp.	240	59,028
		101,937
Semiconductors and Semiconductor Equipment — 2.6%
Broadcom, Inc.	148	86,941
Intel Corp.	626	29,860
QUALCOMM, Inc.	236	40,590
Texas Instruments, Inc.	215	36,548
		193,939
Software — 6.2%
Adobe, Inc.(1)	146	68,281
Intuit, Inc.	31	14,706
Microsoft Corp.	1,053	314,626
Synopsys, Inc.(1)	214	66,851
		464,464
Specialty Retail — 1.4%
AutoNation, Inc.(1)	212	24,308
Home Depot, Inc. (The)	139	43,900
O'Reilly Automotive, Inc.(1)	35	22,723
Penske Automotive Group, Inc.	150	14,744
		105,675
Technology Hardware, Storage and Peripherals — 6.7%
Apple, Inc.	2,250	371,520
Dell Technologies, Inc., Class C(1)	400	20,384
Hewlett Packard Enterprise Co.	3,284	52,281
HP, Inc.	517	17,764
NetApp, Inc.	217	17,009
Seagate Technology Holdings plc	179	18,466
		497,424


Low Volatility ETF
	Shares	Value
Textiles, Apparel and Luxury Goods — 0.6%
NIKE, Inc., Class B	338	$	46,154
TOTAL COMMON STOCKS (Cost $7,197,712)		7,407,443
SHORT-TERM INVESTMENTS — 0.3%
Money Market Funds — 0.3%
State Street Institutional U.S. Government Money Market Fund, Premier Class	20,197	20,197
TOTAL SHORT-TERM INVESTMENTS (Cost $20,197)		20,197
TOTAL INVESTMENT SECURITIES — 99.9% (Cost $7,217,909)		7,427,640
OTHER ASSETS AND LIABILITIES — 0.1%		9,401
TOTAL NET ASSETS — 100.0%		$	7,437,041


Quality Convertible Securities ETF
	Principal Amount/ Shares		Value
CONVERTIBLE BONDS — 67.6%
Air Freight and Logistics — 0.9%
Air Transport Services Group, Inc., 1.125%, 10/15/24	$	81,000	$	92,658
Atlas Air Worldwide Holdings, Inc., 1.875%, 6/1/24	105,000		147,367
			240,025
Airlines — 1.9%
American Airlines Group, Inc., 6.50%, 7/1/25	257,000		346,821
Southwest Airlines Co., 1.25%, 5/1/25	122,000		163,511
			510,332
Auto Components — 0.4%
Patrick Industries, Inc., 1.00%, 2/1/23	111,000		118,437
Automobiles — 1.6%
Ford Motor Co., 0.00%, 3/15/26(1)(2)	204,000		249,958
Tesla, Inc., 2.00%, 5/15/24	13,000		182,179
			432,137
Biotechnology — 0.6%
Halozyme Therapeutics, Inc., 0.25%, 3/1/27(1)	180,000		157,050
Capital Markets — 0.6%
Digitalbridge Operating Co. LLC, 5.75%, 7/15/25(1)	47,000		154,160
Communications Equipment — 1.8%
Lumentum Holdings, Inc., 0.50%, 12/15/26	208,000		247,645
Viavi Solutions, Inc., 1.00%, 3/1/24	194,000		258,626
			506,271
Consumer Finance — 0.3%
PRA Group, Inc., 3.50%, 6/1/23	69,000		76,763
Electronic Equipment, Instruments and Components — 0.8%
Insight Enterprises, Inc., 0.75%, 2/15/25	72,000		112,932
Vishay Intertechnology, Inc., 2.25%, 6/15/25	109,000		109,414
			222,346
Entertainment — 1.5%
World Wrestling Entertainment, Inc., 3.375%, 12/15/23	92,000		223,008
Zynga, Inc., 0.25%, 6/1/24	157,000		191,540
			414,548
Equity Real Estate Investment Trusts (REITs) — 0.5%
IIP Operating Partnership LP, 3.75%, 2/21/24(1)	17,000		49,067
Summit Hotel Properties, Inc., 1.50%, 2/15/26	83,000		87,441
			136,508
Health Care Equipment and Supplies — 5.9%
CONMED Corp., 2.625%, 2/1/24	145,000		247,443
Dexcom, Inc., 0.25%, 11/15/25	438,000		460,447
Envista Holdings Corp., 2.375%, 6/1/25	82,000		193,725
Insulet Corp., 0.375%, 9/1/26	299,000		398,866
Integra LifeSciences Holdings Corp., 0.50%, 8/15/25	132,000		143,708
Mesa Laboratories, Inc., 1.375%, 8/15/25	63,000		68,702
NuVasive, Inc., 1.00%, 6/1/23	118,000		117,705
			1,630,596
Health Care Providers and Services — 2.1%
Anthem, Inc., 2.75%, 10/15/42	92,000		589,324
Health Care Technology — 0.9%
Omnicell, Inc., 0.25%, 9/15/25	164,000		233,126


Quality Convertible Securities ETF
	Principal Amount/ Shares		Value
Hotels, Restaurants and Leisure — 2.6%
Airbnb, Inc., 0.00%, 3/15/26(1)(2)	$	243,000	$	228,771
Booking Holdings, Inc., 0.75%, 5/1/25	187,000		258,340
Royal Caribbean Cruises Ltd., 4.25%, 6/15/23	172,000		221,244
			708,355
Independent Power and Renewable Electricity Producers — 0.2%
Sunnova Energy International, Inc., 0.25%, 12/1/26(1)	63,000		54,290
Interactive Media and Services — 2.8%
Snap, Inc., 0.75%, 8/1/26	79,000		150,515
Snap, Inc., 0.00%, 5/1/27(1)(2)	212,000		186,560
Twitter, Inc., 0.25%, 6/15/24	185,000		188,006
Ziff Davis, Inc., 1.75%, 11/1/26(1)	204,000		237,966
			763,047
Internet and Direct Marketing Retail — 3.2%
Etsy, Inc., 0.25%, 6/15/28(1)	243,000		238,990
Match Group Financeco 2, Inc., 0.875%, 6/15/26(1)	150,000		212,925
Match Group Financeco 3, Inc., 2.00%, 1/15/30(1)	47,000		72,474
Wayfair, Inc., 0.625%, 10/1/25	338,000		294,398
Wayfair, Inc., 1.00%, 8/15/26	44,000		54,230
			873,017
IT Services — 3.5%
Akamai Technologies, Inc., 0.375%, 9/1/27	519,000		572,023
Block, Inc., 0.25%, 11/1/27	143,000		130,666
Cloudflare, Inc., 0.75%, 5/15/25	32,000		100,739
Perficient, Inc., 1.25%, 8/1/25	35,000		71,271
Perficient, Inc., 0.125%, 11/15/26(1)	113,000		98,310
			973,009
Leisure Products — 0.4%
Callaway Golf Co., 2.75%, 5/1/26	62,000		98,270
Life Sciences Tools and Services — 1.0%
Illumina, Inc., 0.00%, 8/15/23(2)	167,000		181,529
Repligen Corp., 0.375%, 7/15/24	55,000		98,285
			279,814
Machinery — 2.0%
Chart Industries, Inc., 1.00%, 11/15/24(1)	65,000		162,747
John Bean Technologies Corp., 0.25%, 5/15/26(1)	102,000		96,278
Middleby Corp. (The), 1.00%, 9/1/25	193,000		284,554
			543,579
Media — 2.6%
Cable One, Inc., 1.125%, 3/15/28(1)	92,000		82,662
Liberty Broadband Corp., 2.75%, 9/30/50(1)	443,000		446,217
Liberty Media Corp., 2.75%, 12/1/49(1)	167,000		171,592
			700,471
Metals and Mining — 0.4%
MP Materials Corp., 0.25%, 4/1/26(1)	93,000		115,599
Mortgage Real Estate Investment Trusts (REITs) — 2.7%
Apollo Commercial Real Estate Finance, Inc., 5.375%, 10/15/23	171,000		171,107
Arbor Realty Trust, Inc., 4.75%, 11/1/22	105,000		112,875
Blackstone Mortgage Trust, Inc., 4.75%, 3/15/23	181,000		187,154
Hannon Armstrong Sustainable Infrastructure Capital, Inc., 4.125%, 9/1/22	45,000		81,478


Quality Convertible Securities ETF
	Principal Amount/ Shares		Value
PennyMac Corp., 5.50%, 3/15/26(1)	$	195,000	$	184,884
			737,498
Oil, Gas and Consumable Fuels — 3.5%
EQT Corp., 1.75%, 5/1/26	85,000		144,628
Green Plains, Inc., 2.25%, 3/15/27	50,000		64,800
Pioneer Natural Resources Co., 0.25%, 5/15/25	330,000		756,014
			965,442
Personal Products — 0.3%
Herbalife Nutrition Ltd., 2.625%, 3/15/24	98,000		94,668
Pharmaceuticals — 0.9%
Jazz Investments I Ltd., 2.00%, 6/15/26	223,000		258,541
Professional Services — 1.1%
FTI Consulting, Inc., 2.00%, 8/15/23	88,000		130,900
KBR, Inc., 2.50%, 11/1/23	86,000		170,280
			301,180
Real Estate Management and Development — 0.9%
Opendoor Technologies, Inc., 0.25%, 8/15/26(1)	108,000		82,809
Zillow Group, Inc., 2.75%, 5/15/25	140,000		170,450
			253,259
Semiconductors and Semiconductor Equipment — 4.0%
Enphase Energy, Inc., 0.00%, 3/1/26(2)	135,000		130,275
Microchip Technology, Inc., 0.125%, 11/15/24	203,000		228,882
ON Semiconductor Corp., 0.00%, 5/1/27(1)(2)	190,000		260,205
Silicon Laboratories, Inc., 0.625%, 6/15/25	63,000		88,635
SMART Global Holdings, Inc., 2.25%, 2/15/26	94,000		142,377
Teradyne, Inc., 1.25%, 12/15/23	67,000		249,916
			1,100,290
Software — 12.3%
Alarm.com Holdings, Inc., 0.00%, 1/15/26(2)	131,000		110,892
Bentley Systems, Inc., 0.125%, 1/15/26	200,000		185,900
Bill.com Holdings, Inc., 0.00%, 12/1/25(2)	87,000		144,115
Blackline, Inc., 0.00%, 3/15/26(1)(2)	153,000		129,667
Datadog, Inc., 0.125%, 6/15/25	139,000		259,304
Dropbox, Inc., 0.00%, 3/1/28(1)(2)	156,000		147,716
Envestnet, Inc., 1.75%, 6/1/23	68,000		81,643
Five9, Inc., 0.50%, 6/1/25	93,000		101,190
HubSpot, Inc., 0.375%, 6/1/25	80,000		154,920
Mandiant, Inc., 0.875%, 6/1/24	100,000		107,438
Mitek Systems, Inc., 0.75%, 2/1/26(1)	64,000		64,640
NortonLifeLock, Inc., 2.00%, 8/15/22(1)	175,000		250,075
Palo Alto Networks, Inc., 0.375%, 6/1/25	296,000		599,844
Pegasystems, Inc., 0.75%, 3/1/25	129,000		125,710
Rapid7, Inc., 0.25%, 3/15/27(1)	108,000		128,925
Tyler Technologies, Inc., 0.25%, 3/15/26(1)	159,000		171,402
Varonis Systems, Inc., 1.25%, 8/15/25	51,000		80,045
Workday, Inc., 0.25%, 10/1/22	86,000		135,106
Workiva, Inc., 1.125%, 8/15/26	65,000		96,647
Zendesk, Inc., 0.625%, 6/15/25	151,000		188,750
Zscaler, Inc., 0.125%, 7/1/25	61,000		104,158
			3,368,087


Quality Convertible Securities ETF
	Principal Amount/ Shares		Value
Specialty Retail — 2.6%
American Eagle Outfitters, Inc., 3.75%, 4/15/25	$	57,000	$	146,234
Burlington Stores, Inc., 2.25%, 4/15/25	136,000		172,635
Dick's Sporting Goods, Inc., 3.25%, 4/15/25	73,000		237,934
RH, 0.00%, 9/15/24(2)	80,000		153,760
			710,563
Technology Hardware, Storage and Peripherals — 0.4%
Pure Storage, Inc., 0.125%, 4/15/23	87,000		101,747
Textiles, Apparel and Luxury Goods — 0.4%
Under Armour, Inc., 1.50%, 6/1/24	58,000		97,803
TOTAL CONVERTIBLE BONDS (Cost $18,954,450)			18,520,152
CONVERTIBLE PREFERRED STOCKS — 26.1%
Auto Components — 0.8%
Aptiv plc, 5.50%, 6/15/23	1,432		209,473
Banks — 1.1%
Bank of America Corp., 7.25%	109		144,915
Wells Fargo & Co., 7.50%	128		173,120
			318,035
Capital Markets — 2.2%
AMG Capital Trust II, 5.15%, 10/15/37	2,974		160,834
KKR & Co., Inc., 6.00%, 9/15/23	5,782		439,201
			600,035
Diversified Financial Services — 0.1%
2020 Mandatory Exchangeable Trust, 6.50%, 5/16/23(1)	38		42,131
Electric Utilities — 4.5%
American Electric Power Co., Inc., 6.125%, 8/15/23	3,276		173,137
NextEra Energy, Inc., 5.28%, 3/1/23	3,912		195,013
NextEra Energy, Inc., 6.22%, 9/1/23	7,249		365,422
PG&E Corp., 5.50%, 8/16/23	1,940		210,102
Southern Co. (The), 6.75%, 8/1/22	5,569		284,854
			1,228,528
Electronic Equipment, Instruments and Components — 0.6%
II-VI, Inc., 6.00%, 7/1/23	580		166,785
Equity Real Estate Investment Trusts (REITs) — 0.6%
LXP Industrial Trust, 6.50%	2,949		155,383
Food Products — 1.3%
Bunge Ltd., 4.875%	2,736		369,168
Health Care Equipment and Supplies — 2.6%
Becton Dickinson and Co., 6.00%, 6/1/23	6,960		373,474
Boston Scientific Corp., 5.50%, 6/1/23	2,897		337,471
			710,945
Life Sciences Tools and Services — 4.5%
Avantor, Inc., 6.25%, 5/15/22	3,650		387,338
Danaher Corp., 5.00%, 4/15/23	566		844,326
			1,231,664
Machinery — 0.9%
Stanley Black & Decker, Inc., 5.25%, 11/15/22	2,476		240,717
Metals and Mining — 0.8%
ArcelorMittal SA, 5.50%, 5/18/23	3,178		231,072
Multi-Utilities — 2.1%
Dominion Energy, Inc., 7.25%, 6/1/22	1,344		133,795


Quality Convertible Securities ETF
	Principal Amount/ Shares	Value
DTE Energy Co., 6.25%, 11/1/22	5,533	$	283,843
NiSource, Inc., 7.75%, 3/1/24	1,367	151,723
		569,361
Semiconductors and Semiconductor Equipment — 2.8%
Broadcom, Inc., 8.00%, 9/30/22	414	761,371
Wireless Telecommunication Services — 1.2%
2020 Cash Mandatory Exchangeable Trust, 5.25%, 6/1/23(1)	300	325,200
TOTAL CONVERTIBLE PREFERRED STOCKS (Cost $7,284,361)		7,159,868
COMMON STOCKS — 2.0%
Consumer Finance — 0.3%
Encore Capital Group, Inc.(3)	1,262	83,280
Equity Real Estate Investment Trusts (REITs) — 0.5%
Innovative Industrial Properties, Inc.	241	45,419
Invitation Homes, Inc.	2,603	98,393
		143,812
Mortgage Real Estate Investment Trusts (REITs) — 0.5%
Chimera Investment Corp.	10,958	133,359
Software — 0.7%
DocuSign, Inc.(3)	736	87,164
ServiceNow, Inc.(3)	190	110,185
		197,349
TOTAL COMMON STOCKS (Cost $635,319)		557,800
SHORT-TERM INVESTMENTS — 4.0%
Money Market Funds — 4.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class	1,090,358	1,090,358
TOTAL SHORT-TERM INVESTMENTS (Cost $1,090,358)		1,090,358
TOTAL INVESTMENT SECURITIES — 99.7% (Cost $27,964,488)		27,328,178
OTHER ASSETS AND LIABILITIES — 0.3%		76,880
TOTAL NET ASSETS — 100.0%		$	27,405,058


Quality Diversified International ETF
	Shares	Value
COMMON STOCKS — 99.5%
Australia — 6.4%
Aristocrat Leisure Ltd.	12,729	$	349,156
ASX Ltd.	3,881	233,099
BHP Group Ltd.	9,706	331,423
BlueScope Steel Ltd.	19,230	284,755
Charter Hall Group	20,148	246,399
Computershare Ltd.	20,024	316,386
CSL Ltd.	1,146	217,882
Dexus	34,264	271,233
Domino's Pizza Enterprises Ltd.	5,384	310,884
Fortescue Metals Group Ltd.	247,332	3,295,040
Goodman Group	14,204	229,816
GPT Group (The)	72,787	259,709
IGO Ltd.	46,065	369,551
James Hardie Industries plc	29,157	951,890
Lynas Rare Earths Ltd.(1)	39,592	299,685
Medibank Pvt Ltd.	101,001	232,960
Mineral Resources Ltd.	7,750	258,436
Origin Energy Ltd.	79,374	329,613
REA Group Ltd.	2,348	226,322
Santos Ltd.	55,072	293,304
Scentre Group	123,369	274,077
Sonic Healthcare Ltd.	71,324	1,820,017
Stockland, REIT	432,625	1,309,077
Vicinity Centres	461,458	600,883
WiseTech Global Ltd.	11,470	367,224
Xero Ltd.(1)	2,854	196,235
		13,875,056
Austria — 1.1%
BAWAG Group AG(1)	4,900	264,550
OMV AG	27,794	1,323,091
Raiffeisen Bank International AG	12,268	199,906
Verbund AG	3,223	388,747
voestalpine AG	8,089	267,350
		2,443,644
Belgium — 0.5%
D'ieteren Group	1,380	222,932
Etablissements Franz Colruyt NV	5,845	233,782
Solvay SA	2,441	272,222
UCB SA	2,512	274,151
		1,003,087
Canada — 6.9%
Aritzia, Inc.(1)	6,330	240,665
Bank of Montreal	2,620	299,166
BRP, Inc.	3,173	227,405
Canadian Imperial Bank of Commerce	2,448	309,848
Canadian Natural Resources Ltd.	7,981	445,865
CGI, Inc.(1)	3,299	270,479
Constellation Software, Inc.	1,632	2,750,464


Quality Diversified International ETF
	Shares	Value
Dollarama, Inc.	6,474	$	334,554
Empire Co. Ltd., Class A	9,525	295,031
FirstService Corp.	1,688	240,302
George Weston Ltd.	3,114	337,663
Gildan Activewear, Inc.	6,872	269,784
iA Financial Corp., Inc.	5,317	315,916
Loblaw Cos. Ltd.	15,207	1,186,206
Lundin Mining Corp.	36,496	352,147
Magna International, Inc.	3,345	248,520
Manulife Financial Corp.	110,037	2,229,389
Metro, Inc.	5,255	274,296
Ritchie Bros Auctioneers, Inc.	3,694	193,603
Shaw Communications, Inc., B Shares	8,660	259,697
Sun Life Financial, Inc.(2)	4,723	248,391
Suncor Energy, Inc.	11,208	342,739
TFI International, Inc.	5,051	526,499
Toromont Industries Ltd.	3,141	266,248
Tourmaline Oil Corp.	22,610	891,913
West Fraser Timber Co. Ltd.	13,739	1,371,407
Wheaton Precious Metals Corp.	5,998	262,824
		14,991,021
China — 4.4%
Angang Steel Co. Ltd., H Shares	392,000	194,936
ANTA Sports Products Ltd.	71,000	1,084,397
BYD Co. Ltd., H Shares	28,500	883,139
China Coal Energy Co. Ltd., H Shares	880,000	548,534
CSPC Pharmaceutical Group Ltd.	822,000	974,368
JD.com, Inc., ADR(1)	728	52,147
Li Ning Co. Ltd.	99,500	993,821
NetEase, Inc., ADR	10,512	1,002,214
Tingyi Cayman Islands Holding Corp.	584,000	1,292,043
Want Want China Holdings Ltd.	1,341,000	1,427,529
Weibo Corp., ADR(1)	12,450	341,503
Yihai International Holding Ltd.(1)(2)	46,000	192,468
Zhongsheng Group Holdings Ltd.	77,500	541,177
		9,528,276
Denmark — 2.2%
AP Moller - Maersk A/S, B Shares	575	1,819,019
Danske Bank A/S	16,599	281,154
DSV A/S	1,155	212,585
Novo Nordisk A/S, B Shares	14,528	1,503,407
Novozymes A/S, B Shares	3,956	259,643
Pandora A/S	3,796	388,700
Royal Unibrew A/S	2,360	250,208
		4,714,716
Finland — 1.7%
Elisa Oyj	4,267	236,422
Fortum Oyj	9,511	199,044
Kesko Oyj, B Shares	22,358	657,989
Neste Oyj	5,314	207,218
Nokia Oyj(1)	57,962	313,420


Quality Diversified International ETF
	Shares	Value
Nokian Renkaat Oyj	27,759	$	523,192
Valmet Oyj	39,516	1,370,694
Wartsila Oyj Abp(2)	19,674	220,340
		3,728,319
France — 11.9%
Amundi SA	3,022	209,593
ArcelorMittal SA	10,099	313,358
BNP Paribas SA	4,642	269,350
Bollore SA	51,034	258,237
Bouygues SA	11,858	424,019
Capgemini SE	1,183	247,637
Carrefour SA	99,195	1,994,241
Cie de Saint-Gobain	32,325	2,004,314
Cie Generale des Etablissements Michelin SCA	1,700	234,018
Eiffage SA	2,938	299,276
Engie SA	20,567	327,683
Eurofins Scientific SE	1,964	199,302
Faurecia SE(2)	6,350	239,103
Hermes International	1,342	1,850,667
Ipsen SA	5,584	649,752
Kering SA	1,807	1,253,396
Klepierre SA(1)	12,934	369,712
L'Oreal SA	6,702	2,649,463
Legrand SA	2,293	216,322
LVMH Moet Hennessy Louis Vuitton SE	1,215	892,909
Orange SA	131,014	1,584,181
Pernod Ricard SA	1,095	239,039
Publicis Groupe SA	18,413	1,221,992
Remy Cointreau SA	1,340	257,887
Rexel SA(1)	14,895	327,807
Sanofi	34,585	3,615,257
Sartorius Stedim Biotech	2,449	939,119
SCOR SE	9,600	312,551
STMicroelectronics NV	5,926	248,762
Teleperformance	796	295,365
Thales SA	8,065	922,014
TotalEnergies SE	5,950	303,124
Unibail-Rodamco-Westfield(1)	4,092	311,916
Unibail-Rodamco-Westfield(1)	60	4,567
Vinci SA	2,887	302,706
Wendel SE	2,389	242,528
		26,031,167
Germany — 5.8%
adidas AG	868	205,231
Brenntag SE	2,932	245,797
Carl Zeiss Meditec AG	4,287	672,779
Covestro AG	46,522	2,460,349
Deutsche Post AG	8,886	446,630
Evonik Industries AG	99,190	2,985,780
GEA Group AG	37,824	1,653,997
HelloFresh SE(1)	9,934	541,860


Quality Diversified International ETF
	Shares	Value
Merck KGaA	5,235	$	1,038,349
Nemetschek SE	3,405	302,130
Puma SE	2,173	199,274
Rational AG	271	199,446
Sartorius AG, Preference Shares	616	271,972
Schaeffler AG, Preference Shares	70,576	469,564
Siemens Healthineers AG	3,756	241,024
Symrise AG	1,781	211,844
Uniper SE	6,290	201,224
Wacker Chemie AG	1,495	231,620
		12,578,870
Hong Kong — 1.0%
Chow Tai Fook Jewellery Group Ltd.(1)	243,600	505,844
SITC International Holdings Co. Ltd.	141,000	581,365
Techtronic Industries Co. Ltd.	31,000	519,438
Xinyi Glass Holdings Ltd.	232,000	617,988
		2,224,635
Ireland — 0.4%
Bank of Ireland Group plc(1)	46,125	306,051
Smurfit Kappa Group plc	10,298	514,305
		820,356
Israel — 0.9%
Bank Hapoalim BM	25,539	270,675
Bank Leumi Le-Israel BM	57,305	620,780
ICL Group Ltd.	37,232	422,826
Israel Discount Bank Ltd., A Shares	50,983	336,190
Mizrahi Tefahot Bank Ltd.	6,753	263,903
		1,914,374
Italy — 2.1%
A2A SpA	139,955	249,693
Amplifon SpA	5,148	220,924
Assicurazioni Generali SpA(2)	13,632	269,598
Davide Campari-Milano NV	19,088	207,732
De' Longhi SpA	8,170	259,246
DiaSorin SpA	1,175	175,844
Enel SpA	36,037	265,554
Eni SpA	20,760	322,916
Ferrari NV	1,215	261,089
Interpump Group SpA	12,945	698,864
Intesa Sanpaolo SpA	131,695	336,655
Mediobanca Banca di Credito Finanziario SpA	25,227	262,720
Moncler SpA	4,609	276,771
Recordati Industria Chimica e Farmaceutica SpA	4,022	196,722
Reply SpA	1,306	212,951
Stellantis NV	15,963	290,078
		4,507,357
Japan — 18.3%
Advantest Corp.	3,000	241,095
AGC, Inc.	5,500	243,994
Aisin Corp.	14,500	528,152
Ajinomoto Co., Inc.	11,600	338,036


Quality Diversified International ETF
	Shares	Value
Asahi Kasei Corp.	28,800	$	270,283
Astellas Pharma, Inc.	104,500	1,743,501
BayCurrent Consulting, Inc.	1,200	479,872
Bridgestone Corp.	6,100	251,204
Canon, Inc.(2)	14,500	341,228
Capcom Co., Ltd.	10,000	242,708
Chugai Pharmaceutical Co. Ltd.	7,600	252,119
CyberAgent, Inc.	40,700	532,586
Daikin Industries Ltd.	1,200	221,765
Daito Trust Construction Co. Ltd.	2,400	265,536
Denso Corp.	3,800	267,216
Dentsu Group, Inc.	8,500	339,151
Ebara Corp.	5,000	260,956
FUJIFILM Holdings Corp.	3,400	216,118
Fujitsu Ltd.	1,600	232,454
Hakuhodo DY Holdings, Inc.	35,400	470,411
Hirose Electric Co. Ltd.	1,500	225,544
Hitachi Ltd.	4,600	227,482
Honda Motor Co. Ltd.	10,000	303,809
Hoya Corp.	2,000	260,537
Iida Group Holdings Co. Ltd.	36,200	671,841
INPEX Corp.	63,200	651,435
Isuzu Motors Ltd.	20,800	281,312
ITOCHU Corp.	10,100	329,145
Itochu Techno-Solutions Corp.	8,300	215,164
Japan Post Holdings Co. Ltd.	36,000	297,565
Japan Tobacco, Inc.	141,300	2,598,671
Kakaku.com, Inc.	8,800	193,608
Kao Corp.	5,300	247,758
Keyence Corp.	600	283,800
Kikkoman Corp.	3,800	283,282
Kirin Holdings Co. Ltd.	43,500	723,207
Kobayashi Pharmaceutical Co. Ltd.	3,100	265,513
Kobe Bussan Co. Ltd.(2)	6,600	218,525
Komatsu Ltd.	11,900	273,747
Konami Holdings Corp.	10,200	580,286
Kyocera Corp.	4,700	270,499
Marubeni Corp.	36,900	387,326
MEIJI Holdings Co. Ltd.	4,800	288,086
MINEBEA MITSUMI, Inc.	10,200	223,899
MISUMI Group, Inc.	29,600	948,907
Mitsubishi Chemical Holdings Corp.	34,600	245,793
Mitsubishi Corp.	9,000	302,613
Mitsubishi Electric Corp.	146,100	1,767,155
Mitsui & Co. Ltd.	13,600	339,085
Mitsui Chemicals, Inc.	29,600	756,711
Murata Manufacturing Co. Ltd.	3,400	231,082
NGK Insulators Ltd.	48,600	754,752
Nihon M&A Center Holdings, Inc.	34,000	502,896
NIPPON EXPRESS HOLDINGS, Inc.	4,700	284,913
Nippon Shinyaku Co. Ltd.	3,300	214,929


Quality Diversified International ETF
	Shares	Value
Nippon Steel Corp.	18,100	$	331,392
Nippon Telegraph & Telephone Corp.	9,900	284,535
Nippon Yusen KK	4,100	384,133
Nissan Chemical Corp.	5,300	301,254
Nitto Denko Corp.	3,600	262,722
Nomura Holdings, Inc.	64,500	294,319
NTT Data Corp.	12,900	245,024
Olympus Corp.	11,200	227,477
Ono Pharmaceutical Co. Ltd.	11,300	278,206
Open House Group Co. Ltd.	8,700	395,582
Otsuka Corp.	5,900	229,177
Otsuka Holdings Co. Ltd.	7,400	255,109
Persol Holdings Co. Ltd.	8,600	192,654
Recruit Holdings Co. Ltd.	9,000	379,892
Ricoh Co. Ltd.	61,600	525,497
Santen Pharmaceutical Co. Ltd.	20,500	233,641
SCREEN Holdings Co. Ltd.	5,100	503,306
SCSK Corp.	57,300	981,002
Seiko Epson Corp.	50,600	778,250
Sekisui Chemical Co. Ltd.	16,700	273,478
Sekisui House Ltd.	111,800	2,279,388
Shimadzu Corp.	7,100	255,720
Shimano, Inc.	900	209,581
Shin-Etsu Chemical Co. Ltd.	1,500	234,282
Shionogi & Co. Ltd.	3,500	232,723
SMC Corp.	400	238,948
Sumitomo Chemical Co. Ltd.	59,000	281,679
Sumitomo Mitsui Financial Group, Inc.	8,400	297,883
Suntory Beverage & Food Ltd.	7,600	302,853
Sysmex Corp.	2,000	160,101
Taisei Corp.	9,400	312,564
TIS, Inc.	8,700	205,917
Tokyo Electron Ltd.	700	343,544
Toppan, Inc.	17,800	350,737
Toray Industries, Inc.	46,600	265,745
Toshiba Corp.	6,800	271,115
Toyota Tsusho Corp.	6,200	257,393
Trend Micro, Inc.	5,300	296,093
Yamaha Motor Co. Ltd.	25,800	579,974
ZOZO, Inc.	23,500	669,172
		39,791,324
Netherlands — 5.0%
Aalberts NV	4,457	248,671
Adyen NV(1)	246	512,731
Akzo Nobel NV	2,388	227,199
ASM International NV	2,797	903,340
ASML Holding NV	2,855	1,910,063
BE Semiconductor Industries NV	3,284	280,523
Heineken Holding NV	3,285	268,282
IMCD NV	1,556	252,759
ING Groep NV	19,797	231,199


Quality Diversified International ETF
	Shares	Value
Koninklijke Ahold Delhaize NV	8,733	$	268,647
Koninklijke DSM NV	1,389	260,804
Koninklijke Philips NV	47,636	1,627,182
NN Group NV	52,020	2,496,694
Randstad NV	22,530	1,535,390
		11,023,484
New Zealand — 0.1%
Fisher & Paykel Healthcare Corp. Ltd.	12,982	243,150
Norway — 1.3%
Equinor ASA(2)	9,961	313,129
Gjensidige Forsikring ASA	11,306	279,650
Nordic Semiconductor ASA(1)	8,120	217,008
Norsk Hydro ASA	42,116	399,937
Orkla ASA	108,317	1,014,644
TOMRA Systems ASA	4,300	202,364
Yara International ASA	6,597	335,985
		2,762,717
Portugal — 0.1%
Galp Energia SGPS SA	29,232	323,578
Singapore — 1.3%
Oversea-Chinese Banking Corp. Ltd.	33,900	293,758
Singapore Exchange Ltd.	287,000	1,991,145
Singapore Technologies Engineering Ltd.	104,900	297,278
United Overseas Bank Ltd.	14,600	324,490
		2,906,671
South Korea — 0.8%
Celltrion, Inc.	1,604	214,102
HMM Co. Ltd.(1)	28,515	690,727
KT Corp.	7,186	191,651
NCSoft Corp.	1,529	566,410
		1,662,890
Spain — 2.5%
Banco Bilbao Vizcaya Argentaria SA	98,613	585,142
Banco Santander SA	170,308	567,128
Endesa SA	12,185	267,843
Fluidra SA	6,577	199,187
Naturgy Energy Group SA(2)	9,945	266,821
Repsol SA	110,757	1,437,187
Telefonica SA	448,521	2,142,100
		5,465,408
Sweden — 4.8%
Atlas Copco AB, A Shares	5,304	272,011
Electrolux AB, B Shares(2)	42,303	757,442
Epiroc AB, A Shares	10,337	194,239
Evolution AB	9,541	1,093,962
Getinge AB, B Shares	6,516	252,915
H & M Hennes & Mauritz AB, B Shares(2)	32,799	547,386
Husqvarna AB, B Shares	19,386	233,487
Industrivarden AB, A Shares	21,411	591,264


Quality Diversified International ETF
	Shares	Value
Lifco AB, B Shares	26,757	$	608,228
Lundin Energy AB	15,268	563,375
Nibe Industrier AB, B Shares	17,573	156,431
Sandvik AB	11,002	237,121
Securitas AB, B Shares	18,903	228,856
Skanska AB, B Shares	11,836	267,887
SKF AB, B Shares	41,105	758,970
Svenska Handelsbanken AB, A Shares	25,767	244,962
Swedish Match AB	275,258	2,001,055
Telefonaktiebolaget LM Ericsson, B Shares	27,074	249,132
Thule Group AB	8,842	347,205
Trelleborg AB, B Shares	12,139	243,897
Volvo AB, B Shares	37,345	718,289
		10,568,114
Switzerland — 6.2%
Adecco Group AG	29,432	1,390,033
Bachem Holding AG, Class B	457	271,972
Belimo Holding AG	433	229,497
Cie Financiere Richemont SA	6,785	908,556
EMS-Chemie Holding AG	267	264,098
Geberit AG	346	226,345
Georg Fischer AG	186	228,842
Holcim Ltd.(1)	5,667	285,265
Kuehne + Nagel International AG	7,899	2,154,177
Logitech International SA	3,175	237,582
Novartis AG	22,324	1,962,088
Partners Group Holding AG	1,601	2,164,213
Roche Holding AG	1,423	538,937
Sika AG	1,103	366,014
Straumann Holding AG	117	185,850
Swatch Group AG (The), Bearer Shares	1,044	321,047
Swiss Re AG	2,914	278,449
VAT Group AG	2,611	986,684
Vifor Pharma AG	2,415	423,903
		13,423,552
Taiwan — 1.8%
AU Optronics Corp.	504,000	377,333
Evergreen Marine Corp. Taiwan Ltd.	55,000	288,929
Globalwafers Co. Ltd.	20,000	495,048
MediaTek, Inc.	40,000	1,580,633
momo.com, Inc.	9,000	320,392
Novatek Microelectronics Corp.	15,000	248,677
Realtek Semiconductor Corp.	31,000	511,127
Wan Hai Lines Ltd.	13,000	88,549
		3,910,688
United Kingdom — 11.5%
Admiral Group plc	6,395	254,749
Anglo American plc	7,427	377,007
Ashtead Group plc	18,181	1,181,435
Auto Trader Group plc	30,515	269,877
Avast plc	33,656	283,485


Quality Diversified International ETF
	Shares	Value
BAE Systems plc	37,547	$	360,488
Barratt Developments plc	70,503	574,262
Bellway plc	6,601	253,904
BP plc	63,246	308,268
Coca-Cola HBC AG(1)	17,009	432,140
ConvaTec Group plc	106,602	257,726
DCC plc	22,303	1,750,194
Dechra Pharmaceuticals plc	4,814	265,490
Diageo plc	4,975	246,473
Diploma plc	6,259	222,101
Electrocomponents plc	15,661	206,588
Evraz plc	199,959	560,072
Experian plc	20,576	803,790
Ferguson plc	1,826	278,242
GlaxoSmithKline plc	66,067	1,377,770
Glencore plc(1)	57,721	339,400
Halma plc	6,828	220,231
Hargreaves Lansdown plc	70,715	1,071,771
Hikma Pharmaceuticals plc	8,538	237,697
Howden Joinery Group plc	21,843	248,464
IMI plc	33,354	653,411
Imperial Brands plc	97,334	2,128,331
Investec plc	50,385	273,273
ITV plc(1)	187,269	275,912
JD Sports Fashion plc	219,092	440,734
Kingfisher plc	324,872	1,325,268
Land Securities Group plc	28,308	299,972
Marks & Spencer Group plc(1)	87,239	203,333
Mondi plc	11,970	251,148
Next plc	2,425	222,039
Pearson plc	34,678	299,996
Persimmon plc	7,522	242,084
Rightmove plc	29,494	264,191
Rio Tinto plc	8,562	669,480
Royal Mail plc	43,251	227,308
Sage Group plc (The)	26,674	250,241
Schroders plc	5,503	225,282
Shell plc	24,957	661,315
Spirax-Sarco Engineering plc	1,209	192,660
Taylor Wimpey plc	136,900	274,592
Tesco plc	74,332	287,959
Unilever plc	5,333	267,887
Vodafone Group plc	1,330,615	2,342,333
WPP plc	27,871	392,002
		25,052,375
United States — 0.5%
Ovintiv, Inc.	24,683	1,128,894
TOTAL COMMON STOCKS (Cost $218,509,496)		216,623,723


Quality Diversified International ETF
	Shares	Value
SHORT-TERM INVESTMENTS — 0.5%
Money Market Funds — 0.5%
State Street Institutional U.S. Government Money Market Fund, Premier Class	288,067	$	288,067
State Street Navigator Securities Lending Government Money Market Portfolio(3)	849,952	849,952
TOTAL SHORT-TERM INVESTMENTS (Cost $1,138,019)		1,138,019
TOTAL INVESTMENT SECURITIES — 100.0% (Cost $219,647,515)		217,761,742
OTHER ASSETS AND LIABILITIES†		92,359
TOTAL NET ASSETS — 100.0%		$	217,854,101


Quality Preferred ETF
	Shares	Value
PREFERRED STOCKS — 79.9%
Automobiles — 0.5%
Ford Motor Co., 6.00%	4,410	$	111,132
Banks — 24.6%
Bank of America Corp., 3.00%	21,294	438,656
Bank of America Corp., 5.875%	4,452	115,574
Bank of America Corp., 6.00%	8,442	219,830
Bank of America Corp., 6.25%	106,000	110,770
Citigroup, Inc., 6.875%	15,834	421,026
Citigroup, Inc., 7.125%	15,876	429,446
Citizens Financial Group, Inc., 6.35%	8,442	221,687
Fifth Third Bancorp, 6.00%	4,662	119,114
First Citizens BancShares, Inc., 5.375%	2,814	70,069
First Horizon Corp., 6.10%	4,620	121,598
First Republic Bank, 4.00%	3,654	74,103
First Republic Bank, 5.125%	9,660	236,283
JPMorgan Chase & Co., 5.75%	6,804	178,061
JPMorgan Chase & Co., 6.75%	329,000	344,011
JPMorgan Chase & Co., Series EE, 6.00%	6,678	177,234
JPMorgan Chase & Co., Series R, 6.00%	345,000	354,962
KeyCorp, 5.65%	5,502	141,456
Old National Bancorp., 7.00%	4,158	109,397
PNC Financial Services Group, Inc. (The), 6.125%	11,004	277,411
Regions Financial Corp., 5.70%	4,158	111,351
Regions Financial Corp., 6.375%	5,460	146,874
Synovus Financial Corp., 6.30%	8,610	219,211
Truist Financial Corp., 4.00%	7,686	172,935
U.S. Bancorp, 3.50%	8,862	188,229
US Bancorp, 3.75%	3,654	73,372
USB Capital IX, 3.50%	181,000	155,507
Wells Fargo & Co., 5.85%	14,322	365,784
Wells Fargo & Co., 5.90%	426,000	430,260
		6,024,211
Capital Markets — 13.0%
Affiliated Managers Group, Inc., 4.20%	4,536	91,536
Affiliated Managers Group, Inc., 5.875%	3,276	86,585
Goldman Sachs Group, Inc. (The), 3.75%	3,948	88,040
Goldman Sachs Group, Inc. (The), 4.00%	9,408	210,175
Goldman Sachs Group, Inc. (The), 5.50%	14,196	364,553
Goldman Sachs Group, Inc. (The), 6.375%	6,678	177,635
Goldman Sachs Group, Inc. (The), Series D, 4.00%	7,056	160,101
Morgan Stanley, 4.00%	8,820	197,039
Morgan Stanley, 6.375%	6,258	168,716
Morgan Stanley, 6.875%	12,180	329,104
Morgan Stanley, 7.125%	16,212	438,210
Oaktree Capital Group LLC, 6.55%	9,282	239,104
Oaktree Capital Group LLC, 6.625%	9,534	246,263
State Street Corp., 5.90%	11,172	288,908
Stifel Financial Corp., 6.25%	3,528	90,105
		3,176,074


Quality Preferred ETF
	Shares	Value
Consumer Finance — 1.3%
Capital One Financial Corp., 4.25%	7,644	$	160,754
Capital One Financial Corp., 4.375%	7,602	160,706
		321,460
Diversified Financial Services — 1.0%
Apollo Asset Management, Inc., 6.375%	9,576	243,613
Diversified Telecommunication Services — 2.8%
AT&T, Inc., 5.00%	5,040	115,920
AT&T, Inc., 5.35%	16,422	410,057
Qwest Corp., 6.75%	6,594	163,927
		689,904
Electric Utilities — 3.2%
Duke Energy Corp., 5.625%	10,920	283,483
NextEra Energy Capital Holdings, Inc., 5.65%	5,124	134,505
SCE Trust VI, 5.00%	9,660	206,531
Southern Co. (The), 4.20%	7,182	160,877
		785,396
Energy Equipment and Services — 0.6%
Hoegh LNG Partners LP, 8.75%	6,720	154,896
Equity Real Estate Investment Trusts (REITs) — 2.8%
American Homes 4 Rent, Series F, 5.875%	2,814	70,575
Digital Realty Trust, Inc., 5.25%	3,612	90,192
Diversified Healthcare Trust, 5.625%	6,888	126,877
Kimco Realty Corp., 5.25%	4,284	104,358
Public Storage, 5.05%	4,662	113,846
Public Storage, 5.15%	7,014	175,210
		681,058
Food Products — 1.0%
CHS, Inc., 6.75%	4,410	118,496
CHS, Inc., 7.10%	4,368	118,504
		237,000
Independent Power and Renewable Electricity Producers — 0.3%
Tennessee Valley Authority, 2.22%	2,814	71,194
Industrial Conglomerates — 2.2%
General Electric Co., 3.53%	571,000	542,279
Insurance — 8.8%
Allstate Corp. (The), 5.10%	4,746	120,359
Allstate Corp. (The), 5.625%	3,066	79,716
American Equity Investment Life Holding Co., 5.95%	5,250	135,397
American Equity Investment Life Holding Co., 6.625%	2,478	65,692
Aspen Insurance Holdings Ltd., 5.95%	3,108	79,658
Athene Holding Ltd., 4.875%	3,612	77,333
Athene Holding Ltd., 5.625%	5,754	139,880
Athene Holding Ltd., 6.375%	3,948	106,557
Brighthouse Financial, Inc., 6.60%	7,434	197,447
Enstar Group Ltd., 7.00%	5,670	147,477
Hartford Financial Services Group, Inc. (The), 6.00%	13,818	360,650
MetLife, Inc., 4.00%	2,730	63,882
MetLife, Inc., 5.625%	3,738	97,001
Reinsurance Group of America, Inc., 6.20%	9,870	249,316
RenaissanceRe Holdings Ltd., 5.75%	3,024	76,991


Quality Preferred ETF
	Shares	Value
W R Berkley Corp., 5.10%	2,940	$	73,588
W R Berkley Corp., 5.70%	2,898	74,739
		2,145,683
Leisure Products — 0.9%
Brunswick Corp., 6.50%	5,334	143,164
Brunswick Corp., 6.625%	2,730	70,680
		213,844
Mortgage Real Estate Investment Trusts (REITs) — 6.0%
AGNC Investment Corp., 6.125%	9,912	232,040
AGNC Investment Corp., 6.50%	9,534	229,293
Annaly Capital Management, Inc., 6.50%	7,434	169,049
Chimera Investment Corp., 7.75%	4,788	117,785
Chimera Investment Corp., 8.00%	8,568	211,972
MFA Financial, Inc., 6.50%	8,526	194,819
New Residential Investment Corp., 6.375%	14,238	309,819
		1,464,777
Multi-Utilities — 5.5%
Algonquin Power & Utilities Corp., 6.20%	6,300	168,210
Algonquin Power & Utilities Corp., 6.875%	7,266	191,169
CMS Energy Corp., 5.875%	6,384	168,793
CMS Energy Corp., 5.875%	4,578	118,204
DTE Energy Co., 4.375%	11,970	274,352
NiSource, Inc., 6.50%	7,518	196,821
Sempra Energy, 4.875%	222,000	226,440
		1,343,989
Oil, Gas and Consumable Fuels — 3.1%
DCP Midstream LP, 7.875%	8,820	209,475
Enbridge, Inc., 6.375%	10,584	274,126
NuStar Energy LP, 6.97%	4,914	112,039
NuStar Energy LP, 7.625%	8,022	166,376
		762,016
Real Estate Management and Development — 1.2%
Brookfield Property Partners LP, 5.75%	13,902	300,283
Trading Companies and Distributors — 0.7%
Triton International Ltd., 6.875%	2,604	65,725
WESCO International, Inc., 10.625%	3,822	111,526
		177,251
Wireless Telecommunication Services — 0.4%
United States Cellular Corp., 6.25%	3,696	90,848
TOTAL PREFERRED STOCKS (Cost $20,501,442)		19,536,908
CONVERTIBLE PREFERRED STOCKS — 15.1%
Auto Components — 0.4%
Aptiv plc, 5.50%, 6/15/23	714	104,444
Banks — 1.4%
Bank of America Corp., 7.25%	168	223,356
Wells Fargo & Co., 7.50%	84	113,610
		336,966
Capital Markets — 0.8%
KKR & Co., Inc., 6.00%, 9/15/23	2,478	188,229


Quality Preferred ETF
	Shares	Value
Commercial Services and Supplies — 0.5%
GFL Environmental, Inc., 6.00%, 3/15/23	1,722	$	116,028
Electric Utilities — 2.2%
American Electric Power Co., Inc., 6.125%, 3/15/22	3,906	203,483
NextEra Energy, Inc., 6.22%, 9/1/23	2,352	118,564
Southern Co. (The), 6.75%, 8/1/22	4,032	206,237
		528,284
Equity Real Estate Investment Trusts (REITs) — 0.4%
EPR Properties, 5.75%	4,452	111,167
Health Care Equipment and Supplies — 1.8%
Becton Dickinson and Co., 6.00%, 6/1/23	4,536	243,402
Boston Scientific Corp., 5.50%, 6/1/23	1,764	205,488
		448,890
Independent Power and Renewable Electricity Producers — 0.5%
AES Corp. (The), 6.875%, 2/15/24	1,302	112,896
Life Sciences Tools and Services — 2.0%
Avantor, Inc., 6.25%, 5/15/22	2,226	236,223
Danaher Corp., 5.00%, 4/15/23	174	259,563
		495,786
Machinery — 0.3%
Stanley Black & Decker, Inc., 5.25%, 11/15/22	840	81,665
Metals and Mining — 0.7%
ArcelorMittal SA, 5.50%, 5/18/23	2,268	164,906
Multi-Utilities — 0.7%
Dominion Energy, Inc., 7.25%, 6/1/22	1,848	183,968
Semiconductors and Semiconductor Equipment — 2.6%
Broadcom, Inc., 8.00%, 9/30/22	341	627,120
Thrifts and Mortgage Finance — 0.8%
New York Community Capital Trust V, 6.00%, 11/1/51	3,654	186,018
TOTAL CONVERTIBLE PREFERRED STOCKS (Cost $3,687,196)		3,686,367
SHORT-TERM INVESTMENTS — 3.6%
Money Market Funds — 3.6%
State Street Institutional U.S. Government Money Market Fund, Premier Class	873,792	873,792
TOTAL SHORT-TERM INVESTMENTS (Cost $873,792)		873,792
TOTAL INVESTMENT SECURITIES — 98.6% (Cost $25,062,430)		24,097,067
OTHER ASSETS AND LIABILITIES — 1.4%		349,434
TOTAL NET ASSETS — 100.0%		$	24,446,501


STOXX® U.S. Quality Growth ETF
	Shares	Value
COMMON STOCKS — 99.7%
Aerospace and Defense — 0.2%
Lockheed Martin Corp.	930	$	403,434
Air Freight and Logistics — 2.2%
Expeditors International of Washington, Inc.	3,463	357,935
FedEx Corp.	1,649	366,523
United Parcel Service, Inc., Class B	20,629	4,340,754
		5,065,212
Auto Components — 0.1%
Autoliv, Inc.	2,013	177,164
Automobiles — 0.7%
Tesla, Inc.(1)	1,884	1,639,890
Beverages — 0.5%
Brown-Forman Corp., Class B	2,935	191,450
Monster Beverage Corp.(1)	7,451	628,865
PepsiCo, Inc.	2,134	349,421
		1,169,736
Biotechnology — 5.0%
BioMarin Pharmaceutical, Inc.(1)	2,266	177,020
Exelixis, Inc.(1)	28,197	578,884
Halozyme Therapeutics, Inc.(1)	10,956	388,609
Horizon Therapeutics plc(1)	5,958	543,191
Neurocrine Biosciences, Inc.(1)	12,919	1,161,031
Regeneron Pharmaceuticals, Inc.(1)	7,150	4,421,274
Vertex Pharmaceuticals, Inc.(1)	18,725	4,307,124
		11,577,133
Building Products — 1.0%
Builders FirstSource, Inc.(1)	31,076	2,312,676
Capital Markets — 3.5%
Blackstone, Inc.	1,591	202,805
Charles Schwab Corp. (The)	27,447	2,318,174
FactSet Research Systems, Inc.	889	361,014
Interactive Brokers Group, Inc., Class A	8,095	535,727
LPL Financial Holdings, Inc.	10,848	1,962,946
MarketAxess Holdings, Inc.	1,481	564,898
Moody's Corp.	1,711	550,993
S&P Global, Inc.	945	355,036
T. Rowe Price Group, Inc.	2,526	365,158
Tradeweb Markets, Inc., Class A	10,840	915,763
		8,132,514
Chemicals — 0.4%
CF Industries Holdings, Inc.	9,225	748,978
Corteva, Inc.	3,818	198,650
		947,628
Commercial Services and Supplies — 0.2%
Cintas Corp.	523	196,292
Waste Management, Inc.	1,367	197,395
		393,687
Communications Equipment — 0.7%
Arista Networks, Inc.(1)	12,702	1,558,916


STOXX® U.S. Quality Growth ETF
	Shares	Value
Consumer Finance — 0.7%
American Express Co.	1,005	$	195,513
Upstart Holdings, Inc.(1)(2)	9,172	1,449,084
		1,644,597
Containers and Packaging — 0.1%
Sealed Air Corp.	5,182	347,868
Distributors — 0.1%
Pool Corp.	450	206,361
Electric Utilities — 1.3%
NRG Energy, Inc.	80,096	3,030,833
Electronic Equipment, Instruments and Components — 0.1%
Corning, Inc.	4,704	190,042
Equity Real Estate Investment Trusts (REITs) — 1.5%
American Tower Corp.	847	192,159
Crown Castle International Corp.	1,186	197,576
Lamar Advertising Co., Class A	3,270	356,626
SBA Communications Corp.	7,813	2,370,386
Weyerhaeuser Co.	9,336	362,984
		3,479,731
Food and Staples Retailing — 0.5%
BJ's Wholesale Club Holdings, Inc.(1)	5,720	359,617
Costco Wholesale Corp.	385	199,911
Sysco Corp.	7,779	677,551
		1,237,079
Food Products — 1.0%
Darling Ingredients, Inc.(1)	20,509	1,486,492
Hershey Co. (The)	2,735	553,181
Lamb Weston Holdings, Inc.	2,901	192,714
		2,232,387
Health Care Equipment and Supplies — 4.8%
Abbott Laboratories	3,057	368,735
Align Technology, Inc.(1)	1,119	572,324
Edwards Lifesciences Corp.(1)	25,302	2,843,186
Globus Medical, Inc., Class A(1)	2,938	206,600
Hologic, Inc.(1)	50,933	3,624,901
IDEXX Laboratories, Inc.(1)	4,694	2,498,851
Integra LifeSciences Holdings Corp.(1)	8,453	566,858
Intuitive Surgical, Inc.(1)	681	197,715
ResMed, Inc.	829	204,556
		11,083,726
Health Care Providers and Services — 0.7%
Chemed Corp.	774	370,196
DaVita, Inc.(1)	3,149	355,113
HCA Healthcare, Inc.	1,470	367,956
Molina Healthcare, Inc.(1)	1,796	551,138
		1,644,403
Health Care Technology — 1.0%
Cerner Corp.	3,912	364,794
Omnicell, Inc.(1)	1,548	200,126
Veeva Systems, Inc., Class A(1)	7,122	1,631,294
		2,196,214


STOXX® U.S. Quality Growth ETF
	Shares	Value
Hotels, Restaurants and Leisure — 4.2%
Booking Holdings, Inc.(1)	77	$	167,263
Chipotle Mexican Grill, Inc.(1)	1,550	2,361,193
Choice Hotels International, Inc.	23,142	3,340,548
Darden Restaurants, Inc.	3,841	557,790
Marriott International, Inc., Class A(1)	1,117	190,046
Starbucks Corp.	2,077	190,648
Texas Roadhouse, Inc.	24,945	2,367,530
Yum! Brands, Inc.	2,895	354,869
		9,529,887
Household Durables — 1.1%
NVR, Inc.(1)	75	371,883
PulteGroup, Inc.	7,770	385,858
Tempur Sealy International, Inc.	54,093	1,785,610
		2,543,351
Household Products — 0.2%
Colgate-Palmolive Co.	4,556	350,584
Interactive Media and Services — 4.0%
Alphabet, Inc., Class C(1)	1,943	5,241,864
Match Group, Inc.(1)	5,157	574,954
Meta Platforms, Inc., Class A(1)	14,221	3,001,058
Pinterest, Inc., Class A(1)	15,018	401,731
		9,219,607
Internet and Direct Marketing Retail — 0.3%
Amazon.com, Inc.(1)	64	196,561
eBay, Inc.	6,514	355,599
MercadoLibre, Inc.(1)	218	245,610
		797,770
IT Services — 4.1%
EPAM Systems, Inc.(1)	2,713	563,626
Gartner, Inc.(1)	13,726	3,849,045
Genpact Ltd.	8,319	348,067
Globant SA(1)	768	210,432
Mastercard, Inc., Class A	7,278	2,626,048
Shopify, Inc., Class A(1)	2,471	1,715,516
Visa, Inc., Class A	874	188,889
		9,501,623
Leisure Products — 0.7%
Mattel, Inc.(1)	14,875	371,577
YETI Holdings, Inc.(1)	18,814	1,158,190
		1,529,767
Life Sciences Tools and Services — 2.0%
Avantor, Inc.(1)	45,960	1,594,352
Bruker Corp.	2,821	198,514
IQVIA Holdings, Inc.(1)	854	196,523
Repligen Corp.(1)	1,066	209,682
West Pharmaceutical Services, Inc.	6,214	2,405,315
		4,604,386
Machinery — 0.1%
Middleby Corp.(1)	1,058	187,922


STOXX® U.S. Quality Growth ETF
	Shares	Value
Media — 0.2%
Nexstar Media Group, Inc., Class A	2,033	$	376,207
Metals and Mining — 1.6%
Nucor Corp.	24,209	3,186,389
Reliance Steel & Aluminum Co.	1,108	211,484
Southern Copper Corp.	3,236	224,546
		3,622,419
Multiline Retail — 2.2%
Target Corp.	25,614	5,116,909
Oil, Gas and Consumable Fuels — 1.4%
Coterra Energy, Inc.	50,728	1,183,484
Devon Energy Corp.	8,427	501,828
EOG Resources, Inc.	1,766	202,949
Ovintiv, Inc.	9,171	420,490
Pioneer Natural Resources Co.	867	207,733
Texas Pacific Land Corp.	553	657,368
		3,173,852
Paper and Forest Products — 0.3%
Louisiana-Pacific Corp.	10,564	760,080
Personal Products — 0.2%
Estee Lauder Cos., Inc. (The), Class A	1,914	567,176
Pharmaceuticals — 1.8%
Eli Lilly & Co.	1,502	375,425
Pfizer, Inc.	74,363	3,490,599
Zoetis, Inc.	1,018	197,136
		4,063,160
Professional Services — 0.5%
CoStar Group, Inc.(1)	3,073	187,484
ManpowerGroup, Inc.	3,331	354,019
Robert Half International, Inc.	3,032	364,719
TransUnion	2,114	191,866
		1,098,088
Real Estate Management and Development — 0.3%
CBRE Group, Inc., Class A(1)	6,937	671,848
Road and Rail — 1.2%
J.B. Hunt Transport Services, Inc.	1,023	207,597
Old Dominion Freight Line, Inc.	8,003	2,513,182
		2,720,779
Semiconductors and Semiconductor Equipment — 14.8%
Advanced Micro Devices, Inc.(1)	38,231	4,715,466
Ambarella, Inc.(1)	1,451	202,719
Applied Materials, Inc.	27,578	3,700,968
Broadcom, Inc.	622	365,388
Entegris, Inc.	1,525	198,982
KLA Corp.	8,622	3,004,767
Lam Research Corp.	6,764	3,796,971
Lattice Semiconductor Corp.(1)	12,573	787,321
Microchip Technology, Inc.	5,004	351,931
MKS Instruments, Inc.	2,461	370,627
Monolithic Power Systems, Inc.	3,377	1,549,030
NVIDIA Corp.	13,969	3,406,341


STOXX® U.S. Quality Growth ETF
	Shares	Value
ON Semiconductor Corp.(1)	40,192	$	2,516,421
Power Integrations, Inc.	12,596	1,133,640
Qorvo, Inc.(1)	2,743	375,187
QUALCOMM, Inc.	22,821	3,924,984
Synaptics, Inc.(1)	1,675	382,620
Teradyne, Inc.	12,626	1,488,858
Texas Instruments, Inc.	4,791	814,422
Universal Display Corp.	5,490	850,456
		33,937,099
Software — 17.1%
Adobe, Inc.(1)	8,635	4,038,417
Aspen Technology, Inc.(1)	2,494	380,111
Atlassian Corp. plc, Class A(1)	5,233	1,599,833
Autodesk, Inc.(1)	20,502	4,515,155
Cadence Design Systems, Inc.(1)	32,700	4,951,761
Crowdstrike Holdings, Inc., Class A(1)	6,962	1,359,052
Datadog, Inc., Class A(1)	7,302	1,176,425
DocuSign, Inc.(1)	6,971	825,575
Fair Isaac Corp.(1)	1,139	536,685
Fortinet, Inc.(1)	6,411	2,208,718
HubSpot, Inc.(1)	2,425	1,273,125
Intuit, Inc.	1,144	542,679
Microsoft Corp.	18,152	5,423,636
Palo Alto Networks, Inc.(1)	407	241,860
Paycom Software, Inc.(1)	3,619	1,227,601
Paylocity Holding Corp.(1)	985	209,253
PTC, Inc.(1)	5,163	574,539
ServiceNow, Inc.(1)	3,516	2,038,999
Synopsys, Inc.(1)	3,930	1,227,693
Trade Desk, Inc. (The), Class A(1)	15,516	1,323,825
Workday, Inc., Class A(1)	887	203,167
Zendesk, Inc.(1)	6,946	810,390
Zoom Video Communications, Inc., Class A(1)	18,552	2,459,995
		39,148,494
Specialty Retail — 6.7%
AutoNation, Inc.(1)	6,820	781,981
AutoZone, Inc.(1)	194	361,498
Best Buy Co., Inc.	3,967	383,371
Dick's Sporting Goods, Inc.(2)	9,101	955,605
Five Below, Inc.(1)	1,212	198,295
Floor & Decor Holdings, Inc., Class A(1)	8,238	787,718
Home Depot, Inc. (The)	1,136	358,783
Lithia Motors, Inc.	4,620	1,574,588
Lowe's Cos., Inc.	2,575	569,230
O'Reilly Automotive, Inc.(1)	551	357,731
Ross Stores, Inc.	5,992	547,609
TJX Cos., Inc. (The)	35,574	2,351,441
Ulta Beauty, Inc.(1)	12,010	4,497,745
Williams-Sonoma, Inc.	10,815	1,566,661
		15,292,256


STOXX® U.S. Quality Growth ETF
	Shares	Value
Technology Hardware, Storage and Peripherals — 4.8%
Apple, Inc.	31,784	$	5,248,174
NetApp, Inc.	28,122	2,204,202
Pure Storage, Inc., Class A(1)	15,124	392,317
Seagate Technology Holdings plc	26,771	2,761,696
Western Digital Corp.(1)	6,725	342,572
		10,948,961
Textiles, Apparel and Luxury Goods — 3.6%
lululemon athletica, Inc.(1)	14,516	4,644,249
NIKE, Inc., Class B	3,999	546,064
Ralph Lauren Corp.	7,035	928,901
Tapestry, Inc.	36,323	1,485,611
VF Corp.	9,503	551,364
		8,156,189
TOTAL COMMON STOCKS (Cost $229,614,903)		228,589,645
SHORT-TERM INVESTMENTS — 0.6%
Money Market Funds — 0.6%
State Street Institutional U.S. Government Money Market Fund, Premier Class	814,119	814,119
State Street Navigator Securities Lending Government Money Market Portfolio(3)	549,863	549,863
TOTAL SHORT-TERM INVESTMENTS (Cost $1,363,982)		1,363,982
TOTAL INVESTMENT SECURITIES — 100.3% (Cost $230,978,885)		229,953,627
OTHER ASSETS AND LIABILITIES — (0.3)%		(685,192)
TOTAL NET ASSETS — 100.0%		$	229,268,435


STOXX® U.S. Quality Value ETF
	Shares	Value
COMMON STOCKS — 99.5%
Aerospace and Defense — 3.5%
General Dynamics Corp.	845	$	198,110
Huntington Ingalls Industries, Inc.	981	200,516
L3Harris Technologies, Inc.	837	211,184
Lockheed Martin Corp.	14,718	6,384,669
Northrop Grumman Corp.	469	207,364
Textron, Inc.	2,710	198,182
		7,400,025
Air Freight and Logistics — 1.0%
FedEx Corp.	7,573	1,683,250
United Parcel Service, Inc., Class B	1,847	388,646
		2,071,896
Airlines — 0.2%
Alaska Air Group, Inc.(1)	3,169	177,908
Southwest Airlines Co.(1)	4,017	175,944
		353,852
Auto Components — 0.2%
BorgWarner, Inc.	4,324	177,327
Lear Corp.	1,115	175,434
		352,761
Automobiles — 0.6%
Ford Motor Co.	63,593	1,116,693
Harley-Davidson, Inc.	5,014	207,078
		1,323,771
Banks — 1.7%
Citizens Financial Group, Inc.	7,733	405,364
Comerica, Inc.	15,339	1,464,721
KeyCorp	14,400	361,008
M&T Bank Corp.	2,122	386,692
People's United Financial, Inc.	36,166	762,379
Popular, Inc.	2,049	188,201
Regions Financial Corp.	7,674	185,634
		3,753,999
Beverages — 0.1%
PepsiCo, Inc.	1,089	178,313
Biotechnology — 5.0%
AbbVie, Inc.	1,259	186,042
Amgen, Inc.	18,060	4,090,229
Biogen, Inc.(1)	3,678	776,095
Gilead Sciences, Inc.	69,977	4,226,611
Moderna, Inc.(1)	6,320	970,752
Regeneron Pharmaceuticals, Inc.(1)	304	187,981
United Therapeutics Corp.(1)	946	157,225
		10,594,935
Building Products — 0.2%
Builders FirstSource, Inc.(1)	2,642	196,618
Owens Corning	2,184	203,527
		400,145


STOXX® U.S. Quality Value ETF
	Shares	Value
Capital Markets — 3.2%
Affiliated Managers Group, Inc.	1,331	$	184,157
Blackstone, Inc.	22,387	2,853,671
Franklin Resources, Inc.	52,341	1,556,098
Invesco Ltd.	8,418	178,798
Janus Henderson Group plc	5,510	184,971
Jefferies Financial Group, Inc.	5,123	182,072
Morgan Stanley	5,526	501,429
T. Rowe Price Group, Inc.	7,727	1,117,015
		6,758,211
Chemicals — 4.4%
CF Industries Holdings, Inc.	10,984	891,791
Dow, Inc.	59,726	3,521,445
DuPont de Nemours, Inc.	2,351	181,897
LyondellBasell Industries NV, Class A	36,024	3,502,614
Mosaic Co. (The)	16,301	854,661
Olin Corp.	7,436	383,028
		9,335,436
Commercial Services and Supplies — 0.2%
Republic Services, Inc.	2,905	349,413
Communications Equipment — 1.1%
Cisco Systems, Inc.	3,255	181,531
Juniper Networks, Inc.	64,783	2,189,018
		2,370,549
Construction and Engineering — 0.2%
EMCOR Group, Inc.	1,599	184,749
MasTec, Inc.(1)	2,628	206,981
		391,730
Consumer Finance — 0.2%
Ally Financial, Inc.	3,719	185,578
American Express Co.	952	185,202
		370,780
Containers and Packaging — 0.4%
Amcor plc	15,663	182,160
Packaging Corp. of America	4,116	605,834
Sealed Air Corp.	2,644	177,492
		965,486
Diversified Financial Services — 0.1%
Berkshire Hathaway, Inc., Class B(1)	583	187,405
Diversified Telecommunication Services — 2.8%
AT&T, Inc.	69,444	1,645,128
Verizon Communications, Inc.	79,453	4,264,243
		5,909,371
Electric Utilities — 6.6%
Alliant Energy Corp.	8,216	479,814
American Electric Power Co., Inc.	12,352	1,119,709
Entergy Corp.	31,799	3,345,573
FirstEnergy Corp.	8,852	370,456
NRG Energy, Inc.	45,543	1,723,347
OGE Energy Corp.	32,447	1,218,385
Pinnacle West Capital Corp.	39,516	2,798,918


STOXX® U.S. Quality Value ETF
	Shares	Value
Xcel Energy, Inc.	45,878	$	3,088,966
		14,145,168
Electrical Equipment — 0.2%
Emerson Electric Co.	1,976	183,610
Sensata Technologies Holding plc(1)	3,221	186,528
		370,138
Electronic Equipment, Instruments and Components — 0.8%
Corning, Inc.	9,849	397,900
Flex Ltd.(1)	32,960	543,511
IPG Photonics Corp.(1)	1,350	175,973
Jabil, Inc.	3,140	181,523
TE Connectivity Ltd.	1,303	185,586
Vontier Corp.	7,351	178,629
		1,663,122
Equity Real Estate Investment Trusts (REITs) — 7.0%
Brixmor Property Group, Inc.	54,388	1,366,227
Crown Castle International Corp.	2,086	347,507
CubeSmart	51,479	2,481,803
Essex Property Trust, Inc.	1,187	376,481
Federal Realty Investment Trust	15,789	1,856,471
Kimco Realty Corp.	16,433	386,668
Lamar Advertising Co., Class A	11,173	1,218,527
National Retail Properties, Inc.	60,343	2,571,215
Public Storage	1,375	488,152
Simon Property Group, Inc.	24,653	3,391,267
Weyerhaeuser Co.	11,064	430,168
		14,914,486
Food and Staples Retailing — 3.5%
Kroger Co. (The)	24,412	1,142,481
Walgreens Boots Alliance, Inc.	96,798	4,461,420
Walmart, Inc.	14,362	1,941,168
		7,545,069
Food Products — 4.1%
Archer-Daniels-Midland Co.	2,870	225,152
Campbell Soup Co.	65,024	2,924,129
General Mills, Inc.	44,596	3,007,108
Hershey Co. (The)	1,685	340,808
Ingredion, Inc.	2,063	183,071
J.M. Smucker Co. (The)	4,247	572,283
Tyson Foods, Inc., Class A	15,859	1,469,495
		8,722,046
Health Care Equipment and Supplies — 0.3%
Baxter International, Inc.	2,170	184,385
Becton Dickinson and Co.	694	188,268
DENTSPLY SIRONA, Inc.	3,308	179,095
Medtronic plc	1,767	185,518
		737,266
Health Care Providers and Services — 2.3%
Anthem, Inc.	521	235,414
Cardinal Health, Inc.	3,399	183,580


STOXX® U.S. Quality Value ETF
	Shares	Value
Centene Corp.(1)	17,975	$	1,485,094
Cigna Corp.	897	213,289
CVS Health Corp.	3,288	340,801
DaVita, Inc.(1)	1,606	181,109
Encompass Health Corp.	2,782	183,668
HCA Healthcare, Inc.	750	187,732
Henry Schein, Inc.(1)	2,197	189,777
Humana, Inc.	436	189,363
Laboratory Corp. of America Holdings(1)	688	186,627
McKesson Corp.	681	187,248
Molina Healthcare, Inc.(1)	596	182,895
Quest Diagnostics, Inc.	1,404	184,303
Tenet Healthcare Corp.(1)	6,902	593,503
UnitedHealth Group, Inc.	396	188,444
		4,912,847
Hotels, Restaurants and Leisure — 0.8%
Darden Restaurants, Inc.	3,639	528,456
Expedia Group, Inc.(1)	895	175,518
McDonald's Corp.	725	177,458
Penn National Gaming, Inc.(1)	7,943	407,873
Texas Roadhouse, Inc.	2,068	196,274
Yum China Holdings, Inc.	3,480	181,030
		1,666,609
Household Durables — 1.1%
Lennar Corp., Class A	5,980	537,482
Mohawk Industries, Inc.(1)	3,699	520,745
Newell Brands, Inc.	7,298	173,328
PulteGroup, Inc.	3,964	196,852
Tempur Sealy International, Inc.	6,080	200,701
Toll Brothers, Inc.	3,506	190,236
Whirlpool Corp.	3,256	655,335
		2,474,679
Household Products — 3.5%
Colgate-Palmolive Co.	45,405	3,493,915
Procter & Gamble Co. (The)	25,260	3,937,781
		7,431,696
Industrial Conglomerates — 1.6%
3M Co.	22,265	3,309,692
Honeywell International, Inc.	1,004	190,509
		3,500,201
Insurance — 1.5%
Fidelity National Financial, Inc.	52,979	2,523,919
MetLife, Inc.	2,657	179,480
Principal Financial Group, Inc.	4,787	338,154
Reinsurance Group of America, Inc.	1,608	178,263
		3,219,816
Interactive Media and Services — 1.5%
Alphabet, Inc., Class C(1)	668	1,802,144
Meta Platforms, Inc., Class A(1)	6,348	1,339,618
Ziff Davis, Inc.(1)	1,806	181,684
		3,323,446


STOXX® U.S. Quality Value ETF
	Shares	Value
Internet and Direct Marketing Retail — 0.1%
eBay, Inc.	3,323	$	181,403
IT Services — 2.2%
Akamai Technologies, Inc.(1)	1,825	197,575
Amdocs Ltd.	2,352	185,103
Cognizant Technology Solutions Corp., Class A	2,149	185,093
Concentrix Corp.	942	188,296
DXC Technology Co.(1)	15,645	532,399
Genpact Ltd.	4,244	177,569
International Business Machines Corp.	14,788	1,811,678
Western Union Co. (The)	81,463	1,480,997
		4,758,710
Leisure Products — 0.2%
Brunswick Corp.	1,929	184,258
Hasbro, Inc.	3,628	352,098
		536,356
Machinery — 0.8%
AGCO Corp.	4,314	518,370
Caterpillar, Inc.	958	179,702
Cummins, Inc.	860	175,543
Parker-Hannifin Corp.	621	184,058
Snap-on, Inc.	2,516	528,813
Stanley Black & Decker, Inc.	1,155	187,919
		1,774,405
Media — 2.9%
Comcast Corp., Class A	3,904	182,551
DISH Network Corp., Class A(1)	19,263	615,646
Fox Corp., Class A	4,382	183,299
Interpublic Group of Cos., Inc. (The)	61,150	2,250,320
Omnicom Group, Inc.	34,553	2,898,651
		6,130,467
Metals and Mining — 1.8%
Newmont Corp.	50,667	3,354,156
Nucor Corp.	1,636	215,330
Steel Dynamics, Inc.	2,907	205,176
		3,774,662
Multi-Utilities — 0.4%
Ameren Corp.	5,179	445,135
WEC Energy Group, Inc.	3,959	359,794
		804,929
Multiline Retail — 1.2%
Dollar Tree, Inc.(1)	1,311	186,267
Kohl's Corp.	6,742	374,990
Macy's, Inc.	15,009	389,033
Target Corp.	7,896	1,577,384
		2,527,674
Oil, Gas and Consumable Fuels — 6.3%
APA Corp.	17,712	631,079
Chevron Corp.	32,230	4,641,120
ConocoPhillips	2,086	197,878
EOG Resources, Inc.	1,673	192,261


STOXX® U.S. Quality Value ETF
	Shares	Value
EQT Corp.	25,429	$	588,427
Exxon Mobil Corp.	56,521	4,432,377
Marathon Oil Corp.	8,484	191,399
Valero Energy Corp.	31,718	2,648,770
		13,523,311
Paper and Forest Products — 0.2%
Louisiana-Pacific Corp.	5,389	387,739
Pharmaceuticals — 6.3%
Bristol-Myers Squibb Co.	2,717	186,577
Johnson & Johnson	26,328	4,332,799
Merck & Co., Inc.	47,223	3,616,337
Organon & Co.	12,952	483,498
Pfizer, Inc.	102,448	4,808,909
Viatris, Inc.	12,595	138,671
		13,566,791
Professional Services — 1.8%
Booz Allen Hamilton Holding Corp.	28,607	2,308,299
CACI International, Inc., Class A(1)	733	205,086
Leidos Holdings, Inc.	2,021	205,818
ManpowerGroup, Inc.	8,682	922,723
Nielsen Holdings plc	10,735	187,004
		3,828,930
Real Estate Management and Development — 0.5%
CBRE Group, Inc., Class A(1)	1,848	178,979
Jones Lang LaSalle, Inc.(1)	3,675	904,858
		1,083,837
Road and Rail — 0.5%
CSX Corp.	5,352	181,486
Norfolk Southern Corp.	709	181,873
Union Pacific Corp.	2,440	600,118
XPO Logistics, Inc.(1)	2,669	193,983
		1,157,460
Semiconductors and Semiconductor Equipment — 6.6%
Applied Materials, Inc.	1,407	188,819
Broadcom, Inc.	6,211	3,648,590
Intel Corp.	113,059	5,392,914
KLA Corp.	515	179,478
Lam Research Corp.	327	183,561
Microchip Technology, Inc.	2,553	179,553
Micron Technology, Inc.	14,163	1,258,524
MKS Instruments, Inc.	1,256	189,154
ON Semiconductor Corp.(1)	15,679	981,662
Qorvo, Inc.(1)	4,615	631,240
QUALCOMM, Inc.	3,785	650,982
Skyworks Solutions, Inc.	1,359	187,773
Teradyne, Inc.	1,610	189,851
Texas Instruments, Inc.	1,099	186,819
		14,048,920
Software — 1.2%
Check Point Software Technologies Ltd.(1)	1,371	198,631
Microsoft Corp.	637	190,329


STOXX® U.S. Quality Value ETF
	Shares	Value
NortonLifeLock, Inc.	6,742	$	195,383
Oracle Corp. (New York)	18,344	1,393,594
VMware, Inc., Class A	5,460	640,567
		2,618,504
Specialty Retail — 1.6%
Advance Auto Parts, Inc.	886	181,169
AutoNation, Inc.(1)	3,479	398,902
Bath & Body Works, Inc.	3,563	190,157
Best Buy Co., Inc.	13,877	1,341,073
Dick's Sporting Goods, Inc.(2)	3,658	384,090
Home Depot, Inc. (The)	580	183,182
Lowe's Cos., Inc.	854	188,785
Williams-Sonoma, Inc.	3,754	543,805
		3,411,163
Technology Hardware, Storage and Peripherals — 4.2%
Apple, Inc.	6,380	1,053,465
Hewlett Packard Enterprise Co.	75,725	1,205,542
HP, Inc.	84,088	2,889,264
NetApp, Inc.	2,128	166,793
Seagate Technology Holdings plc	28,797	2,970,698
Western Digital Corp.(1)	13,722	698,999
		8,984,761
Textiles, Apparel and Luxury Goods — 0.4%
Capri Holdings Ltd.(1)	2,724	184,524
Crocs, Inc.(1)	2,257	188,978
PVH Corp.	1,857	181,782
Ralph Lauren Corp.	1,414	186,704
Tapestry, Inc.	4,632	189,449
		931,437
Tobacco — 0.3%
Altria Group, Inc.	3,574	183,310
Philip Morris International, Inc.	4,822	487,360
		670,670
Trading Companies and Distributors — 0.1%
United Rentals, Inc.(1)	587	188,791
TOTAL COMMON STOCKS (Cost $203,441,671)		212,585,587
SHORT-TERM INVESTMENTS — 0.4%
Money Market Funds — 0.4%
State Street Institutional U.S. Government Money Market Fund, Premier Class	802,750	802,750
State Street Navigator Securities Lending Government Money Market Portfolio(3)	3,861	3,861
TOTAL SHORT-TERM INVESTMENTS (Cost $806,611)		806,611
TOTAL INVESTMENT SECURITIES — 99.9% (Cost $204,248,282)		213,392,198
OTHER ASSETS AND LIABILITIES — 0.1%		285,828
TOTAL NET ASSETS — 100.0%		$	213,678,026


FEBRUARY 28, 2022 (UNAUDITED)
	Low Volatility ETF		Quality Convertible Securities ETF
Assets
Investment securities, at value (cost of $7,217,909 and $27,964,488, respectively)	$	7,427,640	$	27,328,178
Receivable for investments sold	27,606		—
Dividends and interest receivable	11,768		83,585
	7,467,014		27,411,763

Liabilities
Payable for investments purchased	28,303		—
Accrued management fees	1,670		6,705
	29,973		6,705

Net Assets	$	7,437,041	$	27,405,058

Shares outstanding (unlimited number of shares authorized)	165,000		600,000

Net Asset Value Per Share	$	45.07	$	45.68

Net Assets Consist of:
Capital paid in	$	7,026,093	$	28,085,292
Distributable earnings	410,948		(680,234)
	$	7,437,041	$	27,405,058


FEBRUARY 28, 2022 (UNAUDITED)
	Quality Diversified International ETF		Quality Preferred ETF
Assets
Investment securities, at value (cost of $218,797,563 and $25,062,430, respectively) — including $2,143,433 and $—, respectively of securities on loan	$	216,911,790	$	24,097,067
Investment made with cash collateral received for securities on loan, at value (cost of $849,952 and $—, respectively)	849,952		—
Total investment securities, at value (cost of $219,647,515 and $25,062,430, respectively)	217,761,742		24,097,067
Foreign currency holdings, at value (cost of $35,732 and $—, respectively)	35,798		—
Receivable for investments sold	1,607,388		—
Receivable for capital shares sold	2,345,830		5,239,202
Dividends and interest receivable	688,954		97,867
Securities lending receivable	996		—
	222,440,708		29,434,136

Liabilities
Payable for collateral received for securities on loan	849,952		—
Payable for investments purchased	3,669,835		4,982,935
Accrued management fees	66,820		4,700
	4,586,607		4,987,635

Net Assets	$	217,854,101	$	24,446,501

Shares outstanding (unlimited number of shares authorized)	4,700,000		630,000

Net Asset Value Per Share	$	46.35	$	38.80

Net Assets Consist of:
Capital paid in	$	224,009,096	$	25,346,600
Distributable earnings	(6,154,995)		(900,099)
	$	217,854,101	$	24,446,501


FEBRUARY 28, 2022 (UNAUDITED)
	STOXX® U.S. Quality Growth ETF		STOXX® U.S. Quality Value ETF
Assets
Investment securities, at value (cost of $230,429,022 and $204,244,421, respectively) — including $1,162,236 and $407,116, respectively of securities on loan	$	229,403,764	$	213,388,337
Investment made with cash collateral received for securities on loan, at value (cost of $549,863 and $3,861, respectively)	549,863		3,861
Total investment securities, at value (cost of $230,978,885 and $204,248,282, respectively)	229,953,627		213,392,198
Receivable for investments sold	63,364,588		69,177,072
Receivable for capital shares sold	—		24,674,030
Dividends and interest receivable	543,856		546,312
Securities lending receivable	161		77
	293,862,232		307,789,689

Liabilities
Payable for collateral received for securities on loan	549,863		3,861
Payable for investments purchased	63,992,622		70,036,422
Payable for capital shares redeemed	—		24,024,788
Accrued management fees	51,312		46,592
	64,593,797		94,111,663

Net Assets	$	229,268,435	$	213,678,026

Shares outstanding (unlimited number of shares authorized)	3,425,000		4,225,000

Net Asset Value Per Share	$	66.94	$	50.57

Net Assets Consist of:
Capital paid in	$	231,214,018	$	198,070,361
Distributable earnings	(1,945,583)		15,607,665
	$	229,268,435	$	213,678,026


FOR THE SIX MONTHS ENDED FEBRUARY 28, 2022 (UNAUDITED)
	Low Volatility ETF		Quality Convertible Securities ETF
Investment Income (Loss)
Income:
Dividends (net of foreign taxes withheld of $82 and $91, respectively)	$	52,177	$	152,517
Interest	—		67,625
	52,177		220,142
Expenses:
Management fees	10,153		35,326

Net investment income (loss)	42,024		184,816

Realized and Unrealized Gain (Loss)
Net realized gain (loss) on investment transactions (Note 4)	203,435		467,605
Change in net unrealized appreciation (depreciation) on investments	(574,941)		(1,590,472)

Net realized and unrealized gain (loss)	(371,506)		(1,122,867)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(329,482)	$	(938,051)


FOR THE SIX MONTHS ENDED FEBRUARY 28, 2022 (UNAUDITED)
	Quality Diversified International ETF		Quality Preferred ETF
Investment Income (Loss)
Income:
Dividends (net of foreign taxes withheld of $153,404 and $398, respectively)	$	2,192,469	$	406,074
Interest	82		21,349
Securities lending, net	6,533		—
	2,199,084		427,423

Expenses:
Management fees	419,322		29,039
Other expenses	372		—
	419,694		29,039

Net investment income (loss)	1,779,390		398,384

Realized and Unrealized Gain (Loss)
Net realized gain (loss) on:
Investment transactions (Note 4)	(1,658,345)		3,412
Foreign currency translation transactions	(20,890)		—
	(1,679,235)		3,412

Change in net unrealized appreciation (depreciation) on:
Investments	(26,357,268)		(1,368,570)
Translation of assets and liabilities in foreign currencies	(5,836)		—
	(26,363,104)		(1,368,570)

Net realized and unrealized gain (loss)	(28,042,339)		(1,365,158)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(26,262,949)	$	(966,774)


FOR THE SIX MONTHS ENDED FEBRUARY 28, 2022 (UNAUDITED)
	STOXX® U.S. Quality Growth ETF		STOXX® U.S. Quality Value ETF
Investment Income (Loss)
Income:
Dividends (net of foreign taxes withheld of $— and $504, respectively)	$	730,398	$	2,223,328
Securities lending, net	1,521		1,372
Interest	58		67
	731,977		2,224,767
Expenses:
Management fees	344,851		308,579
Other expenses	—		473
	344,851		309,052

Net investment income (loss)	387,126		1,915,715

Realized and Unrealized Gain (Loss)
Net realized gain (loss) on investment transactions (Note 4)	4,635,769		17,983,330
Change in net unrealized appreciation (depreciation) on investments	(33,634,048)		(23,923,306)

Net realized and unrealized gain (loss)	(28,998,279)		(5,939,976)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(28,611,153)	$	(4,024,261)


SIX MONTHS ENDED FEBRUARY 28, 2022 (UNAUDITED) AND PERIOD ENDED AUGUST 31, 2021
	Low Volatility ETF				Quality Convertible Securities ETF
Increase (Decrease) in Net Assets	February 28, 2022		August 31, 2021(1)		February 28, 2022		August 31, 2021(2)
Operations
Net investment income (loss)	$	42,024	$	40,657	$	184,816	$	147,026
Net realized gain (loss)	203,435		165,605		467,605		(523,605)
Change in net unrealized appreciation (depreciation)	(574,941)		784,672		(1,590,472)		954,162
Net increase (decrease) in net assets resulting from operations	(329,482)		990,934		(938,051)		577,583

Distributions to Shareholders
From earnings	(40,674)		(27,228)		(215,150)		(104,616)

Capital Share Transactions
Proceeds from shares sold	4,204,734		6,851,065		10,241,059		25,554,072
Payments for shares redeemed	(2,830,681)		(1,381,627)		(7,753,296)		—
Other capital	—		—		26,490		16,967
Net increase (decrease) in net assets from capital share transactions	1,374,053		5,469,438		2,514,253		25,571,039

Net increase (decrease) in net assets	1,003,897		6,433,144		1,361,052		26,044,006

Net Assets
Beginning of period	6,433,144		—		26,044,006		—
End of period	$	7,437,041	$	6,433,144	$	27,405,058	$	26,044,006

Transactions in Shares of the Funds
Sold	90,000		165,000		220,000		540,000
Redeemed	(60,000)		(30,000)		(160,000)		—
Net increase (decrease) in shares of the funds	30,000		135,000		60,000		540,000


SIX MONTHS ENDED FEBRUARY 28, 2022 (UNAUDITED) AND YEAR ENDED AUGUST 31, 2021 (EXCEPT AS NOTED)
	Quality Diversified International ETF				Quality Preferred ETF
Increase (Decrease) in Net Assets	February 28, 2022		August 31, 2021		February 28, 2022		August 31, 2021(1)
Operations
Net investment income (loss)	$	1,779,390	$	3,487,829	$	398,384	$	344,799
Net realized gain (loss)	(1,679,235)		13,029,182		3,412		175,516
Change in net unrealized appreciation (depreciation)	(26,363,104)		13,883,259		(1,368,570)		403,207
Net increase (decrease) in net assets resulting from operations	(26,262,949)		30,400,270		(966,774)		923,522

Distributions to Shareholders
From earnings	(2,376,175)		(3,209,185)		(415,223)		(292,191)

Capital Share Transactions
Proceeds from shares sold	59,066,947		129,800,116		10,653,207		26,206,795
Payments for shares redeemed	(20,994,370)		(49,841,406)		(7,345,516)		(4,335,252)
Other capital	—		—		6,067		11,866
Net increase (decrease) in net assets from capital share transactions	38,072,577		79,958,710		3,313,758		21,883,409

Net increase (decrease) in net assets	9,433,453		107,149,795		1,931,761		22,514,740

Net Assets
Beginning of period	208,420,648		101,270,853		22,514,740		—
End of period	$	217,854,101	$	208,420,648	$	24,446,501	$	22,514,740

Transactions in Shares of the Funds
Sold	1,150,000		2,600,000		270,000		645,000
Redeemed	(400,000)		(1,000,000)		(180,000)		(105,000)
Net increase (decrease) in shares of the funds	750,000		1,600,000		90,000		540,000


SIX MONTHS ENDED FEBRUARY 28, 2022 (UNAUDITED) AND YEAR ENDED AUGUST 31, 2021
	STOXX® U.S. Quality Growth ETF				STOXX® U.S. Quality Value ETF
Increase (Decrease) in Net Assets	February 28, 2022		August 31, 2021		February 28, 2022		August 31, 2021
Operations
Net investment income (loss)	$	387,126	$	841,343	$	1,915,715	$	3,562,962
Net realized gain (loss)	4,635,769		68,950,979		17,983,330		33,367,852
Change in net unrealized appreciation (depreciation)	(33,634,048)		1,940,684		(23,923,306)		21,953,183
Net increase (decrease) in net assets resulting from operations	(28,611,153)		71,733,006		(4,024,261)		58,883,997

Distributions to Shareholders
From earnings	(459,220)		(546,618)		(2,036,265)		(3,277,478)

Capital Share Transactions
Proceeds from shares sold	70,477,850		250,557,892		59,336,035		171,502,978
Payments for shares redeemed	(70,660,865)		(278,660,990)		(94,816,922)		(109,488,315)
Net increase (decrease) in net assets from capital share transactions	(183,015)		(28,103,098)		(35,480,887)		62,014,663

Net increase (decrease) in net assets	(29,253,388)		43,083,290		(41,541,413)		117,621,182

Net Assets
Beginning of period	258,521,823		215,438,533		255,219,439		137,598,257
End of period	$	229,268,435	$	258,521,823	$	213,678,026	$	255,219,439

Transactions in Shares of the Funds
Sold	950,000		3,800,000		1,175,000		3,625,000
Redeemed	(950,000)		(4,225,000)		(1,875,000)		(2,250,000)
Net increase (decrease) in shares of the funds	—		(425,000)		(700,000)		1,375,000

American Century ETF Trust (the trust) was registered as a Delaware statutory trust in 2017 and is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company. American Century Low Volatility ETF (Low Volatility ETF), American Century Quality Convertible Securities ETF (Quality Convertible Securities ETF), American Century Quality Diversified International ETF (Quality Diversified International ETF), American Century Quality Preferred ETF (Quality Preferred ETF), American Century STOXX® U.S. Quality Growth ETF (STOXX® U.S. Quality Growth ETF) and American Century STOXX® U.S. Quality Value ETF (STOXX® U.S. Quality Value ETF) are six funds in a series issued by the trust. Low Volatility ETF’s investment objective is to seek capital appreciation. Quality Convertible Securities ETF’s investment objective is to seek total return. Quality Diversified International ETF’s investment objective is to seek to provide investment results that closely correspond, before fees and expenses, to the performance of the Alpha Vee American Century Diversified International Equity Index. Quality Preferred ETF’s investment objective is to seek current income and capital appreciation. STOXX® U.S. Quality Growth ETF’s investment objective is to seek to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Growth Index. STOXX® U.S. Quality Value ETF’s investment objective is to seek to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index. Shares of Low Volatility ETF, Quality Diversified International ETF, STOXX® U.S. Quality Growth ETF and STOXX® U.S. Quality Value ETF are listed for trading on the NYSE Arca, Inc. Shares of Quality Convertible Securities ETF and Quality Preferred ETF are listed for trading on the Cboe BZX Exchange, Inc. Low Volatility ETF incepted on January 12, 2021. Quality Convertible Securities ETF and Quality Preferred ETF incepted on February 16, 2021.

The following is a summary of significant accounting policies consistently followed by the funds in preparation of their financial statements. Each fund is an investment company and follows accounting and reporting guidance in accordance with accounting principles generally accepted in the United States of America. This may require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from these estimates. Management evaluated the impact of events or transactions occurring through the date the financial statements were issued that would merit recognition or disclosure.

Investment Valuations — The funds determine the fair value of their investments and compute their net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The Board of Trustees has adopted valuation policies and procedures to guide the investment advisor in the funds' investment valuation process and to provide methodologies for the oversight of the funds' pricing function.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price. Equity securities initially expressed in local currencies are translated into U.S. dollars at the mean of the appropriate currency exchange rate at the close of the NYSE as provided by an independent pricing service.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Convertible bonds are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred stocks and convertible preferred stocks with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

If the funds determine that the market price for an investment is not readily available or the valuation methods mentioned above do not reflect an investment’s fair value, such investment is valued as determined in good faith by the Board of Trustees or its delegate, in accordance with policies and procedures adopted by the Board of Trustees. In its determination of fair value, the funds may review several factors including, but not limited to, market information regarding the specific investment or comparable investments and correlation with other investment types, futures indices or general market indicators. Circumstances that may cause the funds to use these procedures to value an investment include, but are not limited to: an investment has been declared in default or is distressed; trading in a security has been suspended during the trading day or a security is not actively trading on its principal exchange; prices received from a regular pricing source are deemed unreliable; or there is a foreign market holiday and no trading occurred.

The funds monitor for significant events occurring after the close of an investment’s primary exchange but before each fund’s NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The funds also monitor for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that the Board of Trustees, or its delegate, deems appropriate. The funds may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

Investment Income — Dividend income less foreign taxes withheld, if any, is recorded as of the ex-dividend date. Distributions received on securities that represent a return of capital or long-term capital gain are recorded as a reduction of cost of investments and/or as a realized gain. The funds may estimate the components of distributions received that may be considered nontaxable distributions or long-term capital gain distributions for income tax purposes. Interest income is recorded on the accrual basis and includes accretion of discounts and amortization of premiums. For convertible bonds, the premiums attributable only to the debt instrument are amortized. Securities lending income is net of fees and rebates earned by the lending agent for its services.

Foreign Currency Translations — All assets and liabilities initially expressed in foreign currencies are translated into U.S. dollars at prevailing exchange rates at period end. The funds may enter into spot foreign currency exchange contracts to facilitate transactions denominated in a foreign currency. Purchases and sales of investment securities, dividend and interest income, spot foreign currency exchange contracts, and expenses are translated at the rates of exchange prevailing on the respective dates of such transactions. Net realized and unrealized foreign currency exchange gains or losses related to investment securities are a component of net realized gain (loss) on investment transactions and change in net unrealized appreciation (depreciation) on investments, respectively.

Segregated Assets — In accordance with the 1940 Act, the funds segregate assets on their books and records to cover certain types of investment securities and other financial instruments. American Century Investment Management, Inc. (ACIM) (the investment advisor) monitors, on a daily basis, the securities segregated to ensure the funds designate a sufficient amount of liquid assets, marked-to-market daily. The funds may also receive assets or be required to pledge assets at the custodian bank or with a broker for collateral requirements.

Income Tax Status — It is each fund’s policy to distribute substantially all net investment income and net realized gains to shareholders and to otherwise qualify as a regulated investment company under provisions of the Internal Revenue Code. Accordingly, no provision has been made for income taxes. The funds file U.S. federal, state, local and non-U.S. tax returns as applicable. The funds' tax returns are subject to examination by the relevant taxing authority until expiration of the applicable statute of limitations, which is generally three years from the date of filing but can be longer in certain jurisdictions. At this time, management believes there are no uncertain tax positions which, based on their technical merit, would not be sustained upon examination and for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

Distributions to Shareholders — Distributions from net investment income, if any, are generally declared and paid monthly for Quality Convertible Securities ETF and Quality Preferred ETF. Distributions from net investment income, if any, are generally declared and paid quarterly for Low Volatility ETF, STOXX® U.S. Quality Growth ETF and STOXX® U.S. Quality Value ETF. Distributions from net investment income, if any, are generally declared and paid semiannually for Quality Diversified International ETF. Distributions from net realized gains, if any, are generally declared and paid annually for all funds.

Indemnifications — Under the trust’s organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the funds. In addition, in the normal course of business, the funds enter into contracts that provide general indemnifications. The maximum exposure under these arrangements is unknown as this would involve future claims that may be made against a fund. The risk of material loss from such claims is considered by management to be remote.

Securities Lending — Securities are lent to qualified financial institutions and brokers. State Street Bank & Trust Co. serves as securities lending agent to the funds pursuant to a Securities Lending Agreement. The lending of securities exposes the funds to risks such as: the borrowers may fail to return the loaned securities, the borrowers may not be able to provide additional collateral, the funds may experience delays in recovery of the loaned securities or delays in access to collateral, or the funds may experience losses related to the investment collateral. To minimize certain risks, loan counterparties pledge collateral in the form of cash and/or securities. The lending agent has agreed to indemnify the funds in the case of default of any securities borrowed. Cash collateral received is invested in the State Street Navigator Securities Lending Government Money Market Portfolio, a money market mutual fund registered under the 1940 Act. The loans may also be secured by U.S. government securities in an amount at least equal to the market value of the securities loaned, plus accrued interest and dividends, determined on a daily basis and adjusted accordingly. By lending securities, the funds seek to increase their net investment income through the receipt of interest and fees. Such income is reflected separately within the Statements of Operations. The value of loaned securities and related collateral outstanding at period end, if any, are shown on a gross basis within the Schedules of Investments and Statements of Assets and Liabilities.


Remaining Contractual Maturity of Agreements
Fund / Securities Lending Transactions(1)	Overnight and Continuous		<30 days	Between 30 & 90 days	>90 days	Total
Quality Diversified International ETF
Common Stocks	$	849,952	—	—	—	$	849,952
Gross amount of recognized liabilities for securities lending transactions						$	849,952

STOXX® U.S. Quality Growth ETF
Common Stocks	$	549,863	—	—	—	$	549,863
Gross amount of recognized liabilities for securities lending transactions						$	549,863

STOXX® U.S. Quality Value ETF
Common Stocks	$	3,861	—	—	—	$	3,861
Gross amount of recognized liabilities for securities lending transactions						$	3,861

Certain officers and trustees of the trust are also officers and/or directors of American Century Companies, Inc. (ACC). The trust's investment advisor, ACIM, and the trust’s administrator, American Century Services, LLC, are wholly owned, directly or indirectly, by ACC. Various funds issued by American Century Strategic Asset Allocations, Inc. own, in aggregate, 34%, 39% and 49% of the shares of Quality Diversified International ETF, STOXX® U.S. Quality Growth ETF and STOXX® U.S. Quality Value ETF, respectively. Various funds issued by American Century Asset Allocation Portfolios, Inc. own, in aggregate, 25% of the shares of the Low Volatility ETF. ACIM owns 61% of the shares of Low Volatility ETF. Related parties do not invest in the funds for the purpose of exercising management or control.

Management Fees — The trust has entered into a management agreement with ACIM, under which ACIM provides the funds with investment advisory and management services in exchange for a single, unified management fee (the fee). The agreement provides that ACIM will pay all expenses of managing and operating the funds, except brokerage and other transaction fees and expenses relating to the acquisition and disposition of portfolio securities, acquired fund fees and expenses, interest, taxes, litigation expenses and extraordinary expenses. The fee is computed and accrued daily based on the daily net assets of each fund and paid monthly in arrears.

Each fund’s shares may only be bought and sold in a secondary market through a broker-dealer at a market price. Because ETF shares trade at market prices rather than NAV, shares may trade at a price greater than NAV (a premium) or less than NAV (a discount). Each fund issues and redeems shares at their NAV only in aggregations of a specified number of shares (a creation unit) generally in exchange for a designated portfolio of securities and/or cash (including any portion of such securities for which cash may be substituted). Authorized participants may be required to pay an additional variable charge to cover certain brokerage, tax, foreign exchange, execution, market impact and other costs and expenses related to the execution of trades resulting from creation unit transactions. Such variable charges, if any, are included in other capital within the Statements of Changes in Net Assets.

The value of the funds’ shares will go up and down, sometimes rapidly or unpredictably, based on the performance of the securities owned by the funds and other factors generally affecting the securities market. Market risks, including political, regulatory, economic and social developments, can affect the value of the funds’ investments. Natural disasters, public health emergencies, war, terrorism and other unforeseeable events may lead to increased market volatility and may have adverse long-term effects on world economies and markets generally.

Quality Diversified International ETF, STOXX® U.S. Quality Growth ETF and STOXX® U.S. Quality Value ETF are not actively managed and do not attempt to take defensive positions under any market conditions, including declining markets. Therefore, the funds generally will not buy or sell securities unless they are added or removed from their respective indexes, even if the security is underperforming. If the funds' respective indexes have high portfolio turnover, the funds may also have high portfolio turnover.

There are certain risks involved in investing in foreign securities. These risks include those resulting from political events (such as civil unrest, national elections and imposition of exchange controls), social and economic events (such as labor strikes and rising inflation), and natural disasters. Securities of foreign issuers may be less liquid and more volatile. Investing in emerging markets or a significant portion of assets in one country or region may accentuate these risks.


	Low Volatility ETF		Quality Convertible Securities ETF		Quality Diversified International ETF		Quality Preferred ETF		STOXX® U.S. Quality Growth ETF		STOXX® U.S. Quality Value ETF
Federal tax cost of investments	$	7,221,146	$	28,050,132	$	220,025,169	$	25,068,850	$	231,556,751	$	204,680,114
Gross tax appreciation of investments	$	435,163	$	930,896	$	13,714,349	$	99,165	$	10,595,587	$	13,459,076
Gross tax depreciation of investments	(228,669)		(1,652,850)		(15,977,776)		(1,070,948)		(12,198,711)		(4,746,992)
Net tax appreciation (depreciation) of investments	$	206,494	$	(721,954)	$	(2,263,427)	$	(971,783)	$	(1,603,124)	$	8,712,084


For a Share Outstanding Throughout the Periods Indicated
Per-Share Data								Ratios and Supplemental Data
		Income From Investment Operations:						Ratio to Average Net Assets of:
	Net Asset Value, Beginning of Period	Net Investment Income (Loss)(1)	Net Realized and Unrealized Gain (Loss)	Total From Investment Operations	Distributions From Net Investment Income	Net Asset Value, End of Period	Total Return(2)	Operating Expenses	Net Investment Income (Loss)	Portfolio Turnover Rate(3)	Net Assets, End of Period (in thousands)
Low Volatility ETF
2022(4)	$47.65	0.28	(2.59)	(2.31)	(0.27)	$45.07	(4.88)%	0.29%(5)	1.20%(5)	63%	$7,437
2021(6)	$39.84	0.34	7.70	8.04	(0.23)	$47.65	20.26%	0.29%(5)	1.24%(5)	61%	$6,433


For a Share Outstanding Throughout the Periods Indicated
Per-Share Data									Ratios and Supplemental Data
		Income From Investment Operations:							Ratio to Average Net Assets of:
	Net Asset Value, Beginning of Period	Net Investment Income (Loss)(1)	Net Realized and Unrealized Gain (Loss)	Total From Investment Operations	Distributions From Net Investment Income	Other Capital(1)	Net Asset Value, End of Period	Total Return(2)	Operating Expenses	Net Investment Income (Loss)	Portfolio Turnover Rate(3)	Net Assets, End of Period (in thousands)
Quality Convertible Securities ETF
2022(4)	$48.23	0.39	(2.52)	(2.13)	(0.48)	0.06	$45.68	(4.35)%	0.32%(5)	1.67%(5)	23%	$27,405
2021(6)	$50.00	0.39	(1.95)	(1.56)	(0.25)	0.04	$48.23	(3.03)%	0.32%(5)	1.53%(5)	110%	$26,044


For a Share Outstanding Throughout the Years Ended August 31 (except as noted)
Per-Share Data								Ratios and Supplemental Data
		Income From Investment Operations:						Ratio to Average Net Assets of:
	Net Asset Value, Beginning of Period	Net Investment Income (Loss)(1)	Net Realized and Unrealized Gain (Loss)	Total From Investment Operations	Distributions From Net Investment Income	Net Asset Value, End of Period	Total Return(2)	Operating Expenses	Net Investment Income (Loss)	Portfolio Turnover Rate(3)	Net Assets, End of Period (in thousands)
Quality Diversified International ETF
2022(4)	$52.76	0.42	(6.27)	(5.85)	(0.56)	$46.35	(11.17)%	0.39%(5)	1.65%(5)	55%	$217,854
2021	$43.09	1.17	9.56	10.73	(1.06)	$52.76	25.04%	0.39%	2.37%	107%	$208,421
2020	$37.44	0.78	5.42	6.20	(0.55)	$43.09	16.67%	0.39%	2.00%	118%	$101,271
2019(6)	$39.85	0.98	(2.69)	(1.71)	(0.70)	$37.44	(4.32)%	0.39%(5)	2.67%(5)	119%	$18,719


For a Share Outstanding Throughout the Periods Indicated
Per-Share Data									Ratios and Supplemental Data
		Income From Investment Operations:							Ratio to Average Net Assets of:
	Net Asset Value, Beginning of Period	Net Investment Income (Loss)(1)	Net Realized and Unrealized Gain (Loss)	Total From Investment Operations	Distributions From Net Investment Income	Other Capital(1)	Net Asset Value, End of Period	Total Return(2)	Operating Expenses	Net Investment Income (Loss)	Portfolio Turnover Rate(3)	Net Assets, End of Period (in thousands)
Quality Preferred ETF
2022(4)	$41.69	0.89	(2.88)	(1.99)	(0.91)	0.01	$38.80	(4.82)%	0.32%(5)	4.39%(5)	25%	$24,447
2021(6)	$40.00	1.01	1.48	2.49	(0.83)	0.03	$41.69	6.35%	0.32%(5)	4.59%(5)	61%	$22,515


For a Share Outstanding Throughout the Years Ended August 31 (except as noted)
Per-Share Data								Ratios and Supplemental Data
		Income From Investment Operations:						Ratio to Average Net Assets of:
	Net Asset Value, Beginning of Period	Net Investment Income (Loss)(1)	Net Realized and Unrealized Gain (Loss)	Total From Investment Operations	Distributions From Net Investment Income	Net Asset Value, End of Period	Total Return(2)	Operating Expenses	Net Investment Income (Loss)	Portfolio Turnover Rate(3)	Net Assets, End of Period (in thousands)
STOXX® U.S. Quality Growth ETF
2022(4)	$75.48	0.12	(8.52)	(8.40)	(0.14)	$66.94	(11.15)%	0.29%(5)	0.33%(5)	70%	$229,268
2021	$55.96	0.23	19.44	19.67	(0.15)	$75.48	35.20%	0.29%	0.36%	162%	$258,522
2020	$41.84	0.18	14.11	14.29	(0.17)	$55.96	34.30%	0.29%	0.39%	180%	$215,439
2019(6)	$40.15	0.18	1.64	1.82	(0.13)	$41.84	4.57%	0.29%(5)	0.48%(5)	191%	$21,964


For a Share Outstanding Throughout the Years Ended August 31 (except as noted)
Per-Share Data								Ratios and Supplemental Data
		Income From Investment Operations:						Ratio to Average Net Assets of:
	Net Asset Value, Beginning of Period	Net Investment Income (Loss)(1)	Net Realized and Unrealized Gain (Loss)	Total From Investment Operations	Distributions From Net Investment Income	Net Asset Value, End of Period	Total Return(2)	Operating Expenses	Net Investment Income (Loss)	Portfolio Turnover Rate(3)	Net Assets, End of Period (in thousands)
STOXX® U.S. Quality Value ETF
2022(4)	$51.82	0.46	(1.24)	(0.78)	(0.47)	$50.57	(1.49)%	0.29%(5)	1.80%(5)	62%	$213,678
2021	$38.76	0.83	13.02	13.85	(0.79)	$51.82	36.16%	0.29%	1.81%	147%	$255,219
2020	$39.21	1.02	(0.47)	0.55	(1.00)	$38.76	1.55%	0.29%	2.66%	178%	$137,598
2019	$41.66	1.15	(2.68)	(1.53)	(0.92)	$39.21	(3.60)%	0.29%	2.94%	190%	$30,391
2018(6)	$40.37	0.55	1.11	1.66	(0.37)	$41.66	4.16%	0.29%(5)	2.17%(5)	77%	$7,291

As required by law, distributions you receive from certain retirement accounts are subject to federal income tax withholding, unless you elect not to have withholding apply*. Tax will be withheld on the total amount withdrawn even though you may be receiving amounts that are not subject to withholding, such as nondeductible contributions. In such case, excess amounts of withholding could occur. You may adjust your withholding election so that a greater or lesser amount will be withheld.

Remember, even if you elect not to have income tax withheld, you are liable for paying income tax on the taxable portion of your withdrawal. If you elect not to have income tax withheld or you don’t have enough income tax withheld, you may be responsible for payment of estimated tax. You may incur penalties under the estimated tax rules if your withholding and estimated tax payments are not sufficient. You can reduce or defer the income tax on a distribution by directly or indirectly rolling such distribution over to another IRA or eligible plan. You should consult your tax advisor for additional information.

A description of the policies that the funds' investment advisor uses in exercising the voting rights associated with the securities purchased and/or held by the funds is available without charge, upon request, by calling 1-800-345-6488. It is also available on American Century Investments’ website at americancentury.com/proxy and on the Securities and Exchange Commission’s website at sec.gov. Information regarding how the investment advisor voted proxies relating to portfolio securities during the most recent 12-month period ended June 30 is available at americancentury.com/proxy. It is also available at sec.gov.




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American Century ETF Trust

Investment Advisor: American Century Investment Management, Inc. Kansas City, Missouri
Distributor: Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investment Services, Inc.

This report and the statements it contains are submitted for the general information of our shareholders. The report is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

©2022 American Century Proprietary Holdings, Inc. All rights reserved. CL-SAN-96949 2204



			Semiannual Report

			February 28, 2022

			American Century® Low Volatility ETF (LVOL)
			American Century® Quality Convertible Securities ETF (QCON)
			American Century® Quality Diversified International ETF (QINT)
			American Century® Quality Preferred ETF (QPFF)
			American Century® STOXX® U.S. Quality Growth ETF (QGRO)
			American Century® STOXX® U.S. Quality Value ETF (VALQ)


MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Industrials			19.8%
Consumer Discretionary			13.1%
Health Care			11.3%
Consumer Staples			11.2%
Materials			10.6%
Financials			9.7%
Information Technology			9.2%
Communication Services			6.9%
Energy			4.5%
Real Estate			2.0%
Utilities			1.2%
Short-Term Investments			0.5%
Other Assets and Liabilities			—


FEBRUARY 28, 2022

Low Volatility ETF
Types of Investments in Portfolio			% of net assets
Common Stocks			99.6%
Short-Term Investments			0.3%
Other Assets and Liabilities			0.1%

Top Five Industries			% of net assets
Technology Hardware, Storage and Peripherals			6.7%
Pharmaceuticals			6.5%
Software			6.2%
Health Care Providers and Services			5.7%
Insurance			5.1%


NOTES TO SCHEDULE OF INVESTMENTS
ADR	-	American Depositary Receipt


			Annual Management Fee
Low Volatility ETF			0.29%
Quality Convertible Securities ETF			0.32%
Quality Diversified International ETF			0.39%
Quality Preferred ETF			0.32%
STOXX® U.S. Quality Growth ETF			0.29%
STOXX® U.S. Quality Value ETF			0.29%


	In kind Subscriptions	In kind Redemptions	In kind Net Realized Gain/(Loss)*
Low Volatility ETF	$4,132,810	$2,577,803	$371,508
Quality Convertible Securities ETF	$4,859,721	$7,436,970	$585,502
Quality Diversified International ETF	$43,796,504	$20,530,312	$3,791,238
Quality Preferred ETF	$9,328,371	$6,650,335	$149,545
STOXX® U.S. Quality Growth ETF	$69,108,997	$69,793,728	$17,393,934
STOXX® U.S. Quality Value ETF	$58,298,666	$92,853,836	$21,181,157


Low Volatility ETF
	Level 1		Level 2	Level 3
Assets
Investment Securities
Common Stocks	$	7,407,443	—	—
Short-Term Investments	20,197		—	—
	$	7,427,640	—	—


	Short-term capital losses	Long-term capital losses
Low Volatility ETF	$(8,387)	—
Quality Convertible Securities ETF	$(529,702)	—
Quality Diversified International ETF	$(1,961,773)	$(544,125)
Quality Preferred ETF	$(1,044)	—
STOXX® U.S. Quality Growth ETF	$(5,715,526)	—
STOXX® U.S. Quality Value ETF	$(10,611,978)	$(828,758)


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