WEBs ETF Trust
WEBs Consumer Discretionary XLY Defined Volatility ETF
Schedule of Investments
July 31, 2026 (unaudited)
| SECURITY DESCRIPTION | SHARES | VALUE | ||||||
| EXCHANGE-TRADED FUNDS – 58.4% | ||||||||
| United States – 58.4% | ||||||||
| State Street Consumer Discretionary Select Sector SPDR ETF(1) | 1,118 | $ | 129,789 | |||||
| TOTAL EXCHANGE-TRADED FUNDS | ||||||||
| (Cost - $126,043) | 129,789 | |||||||
| PRINCIPAL | ||||||||
| AMOUNT | ||||||||
| SHORT-TERM INVESTMENTS – 52.2% | ||||||||
| Time Deposits – 52.2% | ||||||||
| Citibank, New York, 2.98% 08/03/2026(2) | $ | 116,171 | 116,171 | |||||
| TOTAL SHORT-TERM INVESTMENTS | ||||||||
| (Cost - $116,171) | 116,171 | |||||||
| TOTAL INVESTMENTS – 110.6% | ||||||||
| (Cost - $242,214) | 245,960 | |||||||
| OTHER ASSETS LESS LIABILITIES – (10.6)% | (23,552 | ) | ||||||
| NET ASSETS – 100.0% | $ | 222,408 | ||||||
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 | ||||||||||||||||||||
| Clear Street LLC State Street Consumer Discretionary Select Sector SPDR ETF | OBFR + 1.25% | Varies(3) | USD | 86 | 08/25/2026 | $ | (23,390 | ) | ||||||||||||
| (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:
LLC – Limited Liability Company
OBFR – Overnight Bank Funding Rate