Guinness Atkinson Dividend Builder ETF
Schedule of Investments
at March 31, 2026 (Unaudited)
| Shares | Common Stocks: 98.2% | Value | ||||||
| China: 2.7% | ||||||||
| 107,200 | ANTA Sports Products Ltd | $ | 1,034,930 | |||||
| France: 8.2% | ||||||||
| 13,626 | Danone SA | 1,087,494 | ||||||
| 13,251 | Publicis Groupe | 1,085,138 | ||||||
| 3,578 | Schneider Electric SE | 947,596 | ||||||
| 3,120,228 | ||||||||
| Germany: 3.1% | ||||||||
| 4,069 | Deutsche Boerse AG | 1,181,115 | ||||||
| Ireland: 2.6% | ||||||||
| 11,207 | Medtronic PLC | 971,087 | ||||||
| Sweden: 5.0% | ||||||||
| 27,438 | Assa Abloy AB-B | 975,197 | ||||||
| 54,034 | Atlas Copco | 931,404 | ||||||
| 1,906,601 | ||||||||
| Switzerland: 8.0% | ||||||||
| 12,563 | ABB Ltd. | 993,788 | ||||||
| 10,860 | Nestle SA | 1,065,284 | ||||||
| 2,458 | Roche Holding AG | 967,581 | ||||||
| 3,026,653 | ||||||||
| Taiwan: 2.8% | ||||||||
| 3,101 | Taiwan Semiconductor Manufacturing Co., Ltd. | 1,047,983 | ||||||
| United Kingdom: 10.7% | ||||||||
| 217,647 | Diageo PLC | 1,076,793 | ||||||
| 13,563 | Haleon PLC | 913,363 | ||||||
| 16,282 | Reckitt Benckiser Group PLC | 904,886 | ||||||
| 35,539 | Unilever PLC | 1,164,652 | ||||||
| 4,059,694 | ||||||||
| United States: 55.1% | ||||||||
| 5,389 | AbbVie Inc. | 1,172,054 | ||||||
| 9,944 | Aflac Inc. | 1,090,956 | ||||||
| 5,191 | Arthur J Gallagher & Co. | 1,124,267 | ||||||
| 1,039 | BlackRock Inc. | 999,217 | ||||||
| 3,753 | Broadcom Inc. | 1,161,591 | ||||||
| 14,970 | Cisco Systems Inc. | 1,161,522 | ||||||
| 3,695 | CME Group Inc. | 1,091,318 | ||||||
| 3,231 | Eaton Corp. PLC | 1,155,632 | ||||||
| 7,656 | Emerson Electric Co. | 1,003,089 | ||||||
| 3,970 | Illinois Tool Works Inc. | 1,033,351 | ||||||
| 4,801 | Johnson & Johnson | 1,173,556 | ||||||
| 2,909 | Microsoft Corp. | 1,076,825 | ||||||
| 19,504 | Mondelez International Inc. | 1,124,211 | ||||||
| 12,781 | Otis Worldwide Corp. | 985,159 | ||||||
Guinness Atkinson Dividend Builder ETF
Schedule of Investments
at March 31, 2026 (Unaudited)
| Shares | Common Stocks: 98.2% | Value | ||||||
| Common Stocks (Continued) | ||||||||
| United States (Continued) | ||||||||
| 12,373 | Paychex Inc. | $ | 1,139,801 | |||||
| 7,071 | PepsiCo Inc. | 1,098,056 | ||||||
| 7,140 | The Procter & Gamble Co. | 1,031,302 | ||||||
| 5,635 | Texas Instruments Inc. | 1,093,979 | ||||||
| 15,224 | The Coca-Cola Co. | 1,157,785 | ||||||
| 20,873,671 | ||||||||
| Total Common Stocks (Cost $28,157,359) | 37,221,962 | |||||||
| Total Investments in Securities (Cost $28,157,359): 98.2% | 37,221,962 | |||||||
| Other Assets in Excess of Liabilities: 1.8% | 690,360 | |||||||
| Total Net Assets - 100.0% | $ | 37,912,322 | ||||||
| * | Non-income producing security. |
ADR - American Depository Receipt
PLC - Public Limited Company