U.S. Global Technology and Aerospace & Defense ETF
  
Schedule of Investments
  
March 31, 2026 (Unaudited)
  
   
COMMON STOCKS - 99.4%
  
Shares
   
Value
 
Australia - 8.0%
        
DroneShield Ltd. (a)
    
610,947
    
$
1,606,003
  
                 
Japan - 5.6%
          
AeroEdge Co. Ltd. (a)
    
45,966
      
1,135,356
  
                 
Netherlands - 1.4%
          
Nebius Group NV (a)
    
2,710
      
281,190
  
                 
Sweden - 6.7%
          
Mildef Group AB
    
92,159
      
1,347,341
  
                 
United Kingdom - 1.1%
          
nVent Electric PLC (b)
    
1,924
      
227,571
  
                 
United States - 76.6% (c)
          
Advanced Micro Devices, Inc. (a)
    
4,259
      
866,408
  
AeroVironment, Inc. (a)(b)
    
5,975
      
1,093,724
  
Ambarella, Inc. (a)(b)
    
12,836
      
660,733
  
Amphenol Corp. - Class A
    
1,787
      
225,787
  
Amprius Technologies, Inc. (a)
    
92,344
      
1,556,920
  
Astera Labs, Inc. (a)
    
10,443
      
1,144,553
  
Boeing Co. (a)
    
3,610
      
718,498
  
CoreWeave, Inc. - Class A (a)(b)
    
2,842
      
220,170
  
Credo Technology Group Holding Ltd. (a)
    
2,179
      
204,543
  
Innovative Solutions and Support, Inc. (a)
    
38,375
      
787,839
  
Lockheed Martin Corp.
    
1,420
      
858,234
  
Lumentum Holdings, Inc. (a)(b)
    
478
      
335,919
  
Marvell Technology, Inc.
    
10,702
      
1,060,033
  
Micron Technology, Inc.
    
3,358
      
1,134,467
  
NVIDIA Corp.
    
4,463
      
778,347
  
Palantir Technologies, Inc. - Class A (a)
    
6,380
      
933,266
  
SailPoint, Inc. (a)
    
20,845
      
275,988
  
Sandisk Corp. (a)
    
548
      
348,166
  
Super Micro Computer, Inc. (a)
    
7,026
      
159,982
  
Telos Corp. (a)
    
182,331
      
763,967
  
Ubiquiti, Inc.
    
314
      
248,151
  
Woodward, Inc.
    
2,380
      
851,850
  
Zscaler, Inc. (a)
    
1,939
      
272,022
  
             
15,499,567
  
TOTAL COMMON STOCKS (Cost $20,956,815)
      
20,097,028
  
                 
SHORT-TERM INVESTMENTS
  
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 7.7%
  
Units
   
Value
 
Mount Vernon Liquid Assets Portfolio, LLC, 3.78% (d)
    
1,565,490
      
1,565,490
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $1,565,490)
      
1,565,490
  
                 
MONEY MARKET FUNDS - 0.7%
  
Shares
   
Value
 
First American Government Obligations Fund - Class X, 3.58% (d)
    
135,639
      
135,639
  
TOTAL MONEY MARKET FUNDS (Cost $135,639)
      
135,639
  
                 
TOTAL INVESTMENTS - 107.8% (Cost $22,657,944)
      
21,798,157
  
Liabilities in Excess of Other Assets - (7.8)%
      
(1,573,155
)
TOTAL NET ASSETS - 100.0%
          
$
20,225,002
  
                 
Percentages are stated as a percent of net assets.
          

LLC - Limited Liability Company
PLC - Public Limited Company

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of March 31, 2026. The fair value of these securities was $1,604,422.
(c)
To the extent that the Fund invests a significant portion of its assets in the securities of companies of a single country or region, it is more likely to be impacted by events or conditions affecting such country or region.
(d)
The rate shown represents the 7-day annualized yield as of March 31, 2026.
Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
 
U.S. Global Technology and Aerospace & Defense ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of March 31, 2026:
 

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
20,097,028
    
$
–
    
$
–
    
$
20,097,028
  
  Investments Purchased with Proceeds from Securities Lending(a)
    
–
      
–
      
–
      
1,565,490
  
  Money Market Funds
    
135,639
      
–
      
–
      
135,639
  
Total Investments
  
$
20,232,667
    
$
–
    
$
–
    
$
21,798,157
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  
   

(a)
Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of $1,565,490 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.