WEBs ETF Trust
WEBs Consumer Staples XLP Defined Volatility ETF
Schedule of Investments
July 31, 2026 (unaudited)
| SECURITY DESCRIPTION | SHARES | VALUE | ||||||
| EXCHANGE-TRADED FUNDS – 50.6% | ||||||||
| United States – 50.6% | ||||||||
| State Street Consumer Staples Select Sector SPDR ETF(1) | 1,539 | $ | 130,892 | |||||
| TOTAL EXCHANGE-TRADED FUNDS (Cost - $131,107) | 130,892 | |||||||
| PRINCIPAL | ||||||||
| AMOUNT | ||||||||
| SHORT-TERM INVESTMENTS – 45.6% | ||||||||
| Time Deposits – 45.6% | ||||||||
| Citibank, New York, 2.98% 08/03/2026(2) | $ | 100,658 | 100,658 | |||||
| JPMorgan Chase, New York, 2.98% 08/03/2026 | 17,110 | 17,110 | ||||||
| TOTAL TIME DEPOSITS (Cost - $117,768) | 117,768 | |||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $117,768) | 117,768 | |||||||
| TOTAL INVESTMENTS – 96.2% (Cost - $248,875) | 248,660 | |||||||
| OTHER ASSETS LESS LIABILITIES – 3.8% | 9,712 | |||||||
| NET ASSETS – 100.0% | $ | 258,372 | ||||||
TOTAL RETURN SWAPS
| Counterparty & Reference Instrument | Rate Paid/ Received | Payment Frequency | Current Notional (000) | Maturity Date | Value and Unrealized Appreciation/ (Depreciation) | |||||||||
| Receive Total Return on Reference Instrument | ||||||||||||||
| Cantor Fitzgerald State Street Consumer Staples Select Sector SPDR ETF | OBFR + 1.20% | Varies(3) | USD | 113 | 08/24/2026 | $ | 9,903 | |||||||
| (1) | Fair value of this security exceeds 25% of the Fund’s net assets. Additional information for this security, including the financial statements, is available from the SEC’s EDGAR database at www.sec.gov. |
| (2) | Position, or a portion thereof, has been segregated to collateralize derivatives outstanding. |
| (3) | Payment frequency is monthly for financing fee, at maturity for total return, including dividends. |
Abbreviations used in this schedule:
OBFR – Overnight Bank Funding Rate