Guinness Atkinson International Dividend Builder ETF
Schedule of Investments
at March 31, 2026 (Unaudited)
| Shares | Common Stocks: 99.7% | Value | ||||||
| Australia: 6.1% | ||||||||
| 108 | CSL Ltd. | $ | 10,490 | |||||
| 203 | JB Hi-Fi Ltd. | 10,143 | ||||||
| 20,633 | ||||||||
| Britain: 19.5% | ||||||||
| 296 | Admiral Group PLC | 12,341 | ||||||
| 203 | Intertek Group PLC | 9,802 | ||||||
| 69 | Next PLC | 11,576 | ||||||
| 148 | Reckitt Benckiser Group PLC | 9,967 | ||||||
| 350 | Relx PLC | 11,470 | ||||||
| 189 | Unilever PLC | 10,504 | ||||||
| 65,660 | ||||||||
| Canada: 4.0% | ||||||||
| 236 | Alimentation Couche-Tard Inc. | 13,377 | ||||||
| China: 2.8% | ||||||||
| 3,600 | Haier Smart Home Co. Ltd. | 9,513 | ||||||
| Denmark: 2.8% | ||||||||
| 258 | Novo Nordisk A/S | 9,214 | ||||||
| Finland: 3.8% | ||||||||
| 740 | Metso Oyj | 12,608 | ||||||
| France: 13.1% | ||||||||
| 135 | Danone SA | 10,773 | ||||||
| 28 | L'Oreal SA | 11,306 | ||||||
| 118 | Publicis Groupe SA | 9,662 | ||||||
| 46 | Schneider Electric SE | 12,181 | ||||||
| 43,922 | ||||||||
| Hong Kong: 11.6% | ||||||||
| 2,500 | BOC Hong Kong Holdings Ltd. | 13,646 | ||||||
| 250 | Hong Kong Exchanges & Clearing Ltd. | 12,390 | ||||||
| 1,000 | Techtronic Industries Co. Ltd. | 13,021 | ||||||
| 39,057 | ||||||||
| Italy: 3.2% | ||||||||
| 494 | FinecoBank Banca Fineco SpA | 10,812 | ||||||
| Japan: 12.0% | ||||||||
| 300 | BayCurrent Inc. | 8,580 | ||||||
| 100 | Daikin Industries Ltd. | 11,773 | ||||||
| 800 | MonotaRO Co. Ltd. | 8,595 | ||||||
| 1,100 | USS Co. Ltd. | 11,478 | ||||||
| 40,426 | ||||||||
| Netherlands: 3.5% | ||||||||
| 74 | Euronext NV1 | 11,846 | ||||||
| Singapore: 3.9% | ||||||||
| 300 | DBS Group Holdings Ltd. | 13,277 | ||||||
Guinness Atkinson International Dividend Builder ETF
Schedule of Investments
at March 31, 2026 (Unaudited)
| Shares | Common Stocks: 99.7% | Value | ||||||
| Spain: 3.2% | ||||||||
| 190 | Industria de Diseno Textil SA | $ | 10,814 | |||||
| Sweden: 6.6% | ||||||||
| 331 | Assa Abloy AB | 11,762 | ||||||
| 612 | Atlas Copco AB | 10,547 | ||||||
| 22,309 | ||||||||
| Switzerland: 3.6% | ||||||||
| 31 | Roche Holding AG | 12,201 | ||||||
| Total Common Stocks (Cost $371,858) | 335,669 | |||||||
| Total Investments in Securities (Cost $371,858): 99.7% | 335,669 | |||||||
| Other Assets in Excess of Liabilities: 0.3% | 1,035 | |||||||
| Total Net Assets - 100.0% | $ | 336,704 | ||||||
PLC - Public Limited Company
| 1 | Securities noted are exempt from registration under Rule 144A of the Securities Act of 1933, as amended, or otherwise restricted. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. |