Columbia India Consumer ETF (INCO) NPORT-P Columbia Research Enhanced Emerging Economies ETF (Dec 2024 report)

Not

FDIC

or

NCUA

Insured

No

Financial

Institution

Guarantee

May

Lose

Value

INDEXED

ETFs

THIRD

QUARTER

REPORT

December

31,

2024

(Unaudited)

Columbia

EM

Core

ex-China

ETF

Columbia

India

Consumer

ETF

Columbia

Research

Enhanced

Emerging

Economies

ETF

PORTFOLIO

OF

INVESTMENTS

Columbia

EM

Core

ex-China

ETF

December

31,

2024

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

2

Columbia

EM

Core

ex-China

ETF

|

2024

Common

Stocks

-

97.1%

Issuer

Shares

Value

($)

Brazil

-

3.6%

Ambev

SA

1,107,027‌

2,103,725‌

B3

SA

-

Brasil

Bolsa

Balcao

1,541,499‌

2,575,049‌

Banco

BTG

Pactual

SA

845,186‌

3,721,207‌

Banco

do

Brasil

SA

322,735‌

1,262,657‌

Banco

Santander

Brasil

SA

993,560‌

3,830,879‌

BRF

SA

201,040‌

825,267‌

Caixa

Seguridade

Participacoes

S/A

562,120‌

1,296,602‌

Cia

Siderurgica

Nacional

SA

338,277‌

485,142‌

Embraer

SA

(a)

420,022‌

3,820,267‌

Hapvida

Participacoes

e

Investimentos

SA

(a),(b)

391,106‌

141,176‌

Localiza

Rent

a

Car

SA

98,624‌

514,045‌

Lojas

Renner

SA

307,683‌

603,626‌

PRIO

SA

(a)

210,159‌

1,365,828‌

Rede

D'Or

Sao

Luiz

SA

(b)

228,028‌

938,267‌

Suzano

SA

249,910‌

2,499,161‌

TOTVS

SA

251,650‌

1,089,641‌

Vale

SA

962,524‌

8,499,022‌

Vibra

Energia

SA

306,395‌

884,788‌

WEG

SA

478,076‌

4,083,633‌

Total

40,539,982‌

Chile

-

0.4%

Empresas

Copec

SA

450,081‌

2,751,105‌

Latam

Airlines

Group

SA

112,579,013‌

1,554,219‌

Total

4,305,324‌

China

-

0.1%

Airtac

International

Group

33,721‌

868,109‌

Colombia

-

0.1%

Interconexion

Electrica

SA

ESP

179,280‌

679,593‌

Egypt

-

0.1%

Commercial

International

Bank

-

Egypt

(CIB)

499,230‌

770,993‌

Greece

-

0.3%

Eurobank

Ergasias

Services

and

Holdings

SA

725,302‌

1,674,837‌

National

Bank

of

Greece

SA

168,996‌

1,340,460‌

Total

3,015,297‌

Hungary

-

0.5%

MOL

Hungarian

Oil

&

Gas

PLC

90,185‌

619,755‌

OTP

Bank

Nyrt

75,866‌

4,142,185‌

Richter

Gedeon

Nyrt

49,068‌

1,284,560‌

Total

6,046,500‌

India

-

17.9%

Adani

Ports

&

Special

Economic

Zone

Ltd.

298,636‌

4,294,296‌

Adani

Power

Ltd.

(a)

255,507‌

1,580,099‌

Adani

Total

Gas

Ltd.

70,723‌

628,681‌

Axis

Bank

Ltd.

467,926‌

5,819,168‌

Bharat

Electronics

Ltd.

902,865‌

3,091,500‌

Bharat

Heavy

Electricals,

Ltd.

433,617‌

1,161,866‌

Bharat

Petroleum

Corp.

Ltd.

238,616‌

815,094‌

Bharti

Airtel

Ltd.

492,400‌

9,131,805‌

CG

Power

&

Industrial

Solutions

Ltd.

158,477‌

1,347,579‌

Coal

India

Ltd.

605,683‌

2,717,707‌

GAIL

India,

Ltd.

584,119‌

1,303,004‌

HDFC

Bank

Ltd.

ADR

374,712‌

23,929,108‌

Hindalco

Industries

Ltd.

353,315‌

2,486,220‌

Hindustan

Petroleum

Corp.

Ltd.

178,375‌

851,625‌

ICICI

Bank

Ltd.

ADR

784,011‌

23,410,569‌

IDBI

Bank

Ltd.

2,190,395‌

1,956,967‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Indian

Oil

Corp.,

Ltd.

885,500‌

1,410,884‌

Indian

Railway

Finance

Corp.

Ltd.

(b)

560,643‌

975,991‌

Indus

Towers

Ltd.

(a)

238,284‌

951,313‌

Infosys

Ltd.

ADR

965,795‌

21,170,226‌

InterGlobe

Aviation

Ltd.

(a),(b)

20,431‌

1,086,833‌

ITC

Ltd.

1,500,390‌

8,476,017‌

Jio

Financial

Services

Ltd.

(a)

796,014‌

2,777,234‌

Kotak

Mahindra

Bank

Ltd.

205,265‌

4,282,181‌

NHPC,

Ltd.

914,593‌

861,994‌

NMDC,

Ltd.

1,097,577‌

845,101‌

NTPC

Ltd.

1,126,346‌

4,385,597‌

Oil

&

Natural

Gas

Corp.

Ltd.

934,666‌

2,611,950‌

Oil

India,

Ltd.

167,648‌

843,490‌

PB

Fintech

Ltd.

(a)

62,548‌

1,540,691‌

Power

Finance

Corp.

Ltd.

400,268‌

2,096,862‌

Power

Grid

Corp

of

India

Ltd.

1,007,066‌

3,631,207‌

Punjab

National

Bank

602,555‌

723,372‌

Rail

Vikas

Nigam

Ltd.

178,489‌

881,252‌

REC

Ltd.

368,187‌

2,153,290‌

Reliance

Industries,

Ltd.

1,015,407‌

14,415,634‌

State

Bank

of

India

GDR

76,736‌

7,105,754‌

Suzlon

Energy,

Ltd.

(a)

2,737,277‌

1,989,323‌

Tata

Consultancy

Services,

Ltd.

191,250‌

9,147,252‌

Tata

Motors

Ltd.

695,403‌

6,011,914‌

Tata

Power

Co.

Ltd.

(The)

501,452‌

2,298,343‌

Tata

Steel

Ltd.

2,208,146‌

3,560,579‌

Vedanta

Ltd.

706,268‌

3,666,477‌

Wipro

Ltd.

710,500‌

2,505,023‌

Yes

Bank

Ltd.

(a)

3,096,827‌

708,611‌

Zee

Entertainment

Enterprises

Ltd.

372,631‌

527,911‌

Zomato

Ltd.

(a)

1,380,146‌

4,482,336‌

Total

202,649,930‌

Indonesia

-

2.7%

Alamtri

Resources

Indonesia

Tbk

PT

4,886,383‌

737,739‌

Amman

Mineral

Internasional

PT

(a)

3,022,679‌

1,591,625‌

Barito

Renewables

Energy

Tbk

PT

3,883,825‌

2,238,116‌

Chandra

Asri

Pacific

Tbk

PT

1,839,559‌

857,204‌

PT

Astra

International

Tbk

9,717,235‌

2,958,338‌

PT

Bank

Central

Asia

Tbk

17,603,938‌

10,582,050‌

PT

Bank

Mandiri

Persero

Tbk

14,901,956‌

5,277,487‌

PT

Bank

Rakyat

Indonesia

Persero

Tbk

10,794,804‌

2,736,427‌

PT

GoTo

Gojek

Tokopedia

Tbk

(a)

101,607,524‌

441,909‌

PT

Telkom

Indonesia

Persero

Tbk

21,333,791‌

3,592,083‌

Total

31,012,978‌

Kuwait

-

1.1%

Al

Ahli

Bank

of

Kuwait

KSCP

907,091‌

764,981‌

Boubyan

Bank

KSCP

918,253‌

1,670,905‌

Gulf

Bank

KSCP

1,768,916‌

1,870,472‌

Kuwait

Finance

House

KSCP

1,395,963‌

3,377,841‌

Mabanee

Co

KPSC

664,834‌

1,643,216‌

National

Bank

of

Kuwait

SAKP

750,471‌

2,181,064‌

National

Industries

Group

Holding

SAK

1,243,813‌

1,000,537‌

Total

12,509,016‌

Malaysia

-

2.3%

CIMB

Group

Holdings

Bhd

709,140‌

1,300,447‌

Dialog

Group

Bhd

4,427,017‌

1,831,596‌

Genting

Malaysia

Bhd

1,737,475‌

878,160‌

IHH

Healthcare

Bhd

4,035,424‌

6,588,079‌

Inari

Amertron

Bhd

2,217,761‌

1,517,689‌

Malayan

Banking

Bhd

1,164,940‌

2,667,782‌

Public

Bank

Bhd

953,114‌

971,978‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2024

(Unaudited)

Columbia

EM

Core

ex-China

ETF

|

2024

3

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Tenaga

Nasional

Bhd

2,881,899‌

9,628,888‌

YTL

Corp.

Bhd

1,219,400‌

728,122‌

Total

26,112,741‌

Mexico

-

3.7%

America

Movil

SAB

de

CV

Series

B

7,734,779‌

5,561,311‌

Arca

Continental

SAB

de

CV

200,921‌

1,669,192‌

Coca-Cola

Femsa

SAB

de

CV

174,861‌

1,362,289‌

Fibra

Uno

Administracion

SA

de

CV

1,065,819‌

1,062,090‌

Fomento

Economico

Mexicano

SAB

de

CV

Series

UBD

542,787‌

4,638,792‌

Grupo

Aeroportuario

del

Centro

Norte

SAB

de

CV

144,922‌

1,250,806‌

Grupo

Aeroportuario

del

Pacifico

SAB

de

CV

Class

B

(a)

122,717‌

2,163,287‌

Grupo

Aeroportuario

del

Sureste

SAB

de

CV

Class

B

58,280‌

1,498,655‌

Grupo

Bimbo

SAB

de

CV

Series

A

987,528‌

2,623,561‌

Grupo

Carso

SAB

de

CV

Series

A1

150,366‌

833,665‌

Grupo

Financiero

Banorte

SAB

de

CV

Class

O

825,594‌

5,319,394‌

Grupo

Financiero

Inbursa

SAB

de

CV

Class

O

(a)

563,980‌

1,176,905‌

Grupo

Mexico

SAB

de

CV

Series

B

1,031,372‌

4,907,174‌

Grupo

Televisa

SAB

Series

CPO

1,030,463‌

342,451‌

Industrias

Penoles

SAB

de

CV

(a)

70,297‌

899,980‌

Prologis

Property

Mexico

SA

de

CV

464,496‌

1,293,670‌

Qualitas

Controladora

SAB

de

CV

95,789‌

808,087‌

Wal-Mart

de

Mexico

SAB

de

CV

1,744,978‌

4,606,502‌

Total

42,017,811‌

Philippines

-

1.1%

Ayala

Corp.

214,425‌

2,220,427‌

Ayala

Land,

Inc.

2,150,043‌

973,829‌

Manila

Electric

Co.

466,757‌

3,937,720‌

SM

Investments

Corp.

327,892‌

5,095,944‌

SM

Prime

Holdings,

Inc.

1,837,826‌

799,055‌

Total

13,026,975‌

Poland

-

1.2%

Bank

Polska

Kasa

Opieki

SA

28,396‌

948,000‌

ORLEN

SA

80,481‌

919,649‌

Powszechna

Kasa

Oszczednosci

Bank

Polski

SA

477,954‌

6,914,863‌

Powszechny

Zaklad

Ubezpieczen

SA

456,516‌

5,066,260‌

Total

13,848,772‌

Qatar

-

1.5%

Barwa

Real

Estate

Co.

1,267,208‌

984,949‌

Commercial

Bank

PSQC

(The)

1,189,538‌

1,421,173‌

Masraf

Al

Rayan

QSC

2,365,906‌

1,600,447‌

Qatar

Fuel

QSC

596,600‌

2,457,841‌

Qatar

Gas

Transport

Co.,

Ltd.

1,295,046‌

1,475,733‌

Qatar

Insurance

Co.

SAQ

1,508,254‌

879,435‌

Qatar

Islamic

Bank

QPSC

419,842‌

2,463,011‌

Qatar

National

Bank

QPSC

915,882‌

4,349,245‌

Qatar

Navigation

QSC

312,457‌

943,121‌

Total

16,574,955‌

Russia

-

0.0%

Gazprom

PJSC

(a),(c),(d),(e),(f)

251,024‌

0‌

GMK

Norilskiy

Nickel

PAO

ADR

(a),(c),(d),(e)

19,108‌

0‌

LUKOIL

PJSC

(c),(d),(e),(f)

14,277‌

0‌

Mobile

TeleSystems

PJSC

ADR

(a),(c),(d),(e)

49,482‌

0‌

Total

0‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Saudi

Arabia

-

7.1%

ACWA

Power

Co.

36,308‌

3,878,754‌

Advanced

Petrochemical

Co.

(a)

70,893‌

605,649‌

Al

Rajhi

Bank

586,334‌

14,762,122‌

Alinma

Bank

573,533‌

4,418,955‌

Almarai

Co.

JSC

181,952‌

2,769,909‌

Arab

National

Bank

247,639‌

1,389,320‌

Bank

AlBilad

196,968‌

2,047,054‌

Bank

Al-Jazira

(a)

301,013‌

1,498,095‌

Banque

Saudi

Fransi

567,060‌

2,390,544‌

Catrion

Catering

Holding

Co.

28,394‌

921,932‌

Co.

for

Cooperative

Insurance

(The)

36,815‌

1,446,185‌

Dar

Al

Arkan

Real

Estate

Development

Co.

(a)

368,565‌

1,481,166‌

Etihad

Etisalat

Co.

140,202‌

1,992,545‌

Mobile

Telecommunications

Co.

Saudi

Arabia

388,401‌

1,060,572‌

Riyad

Bank

334,074‌

2,542,853‌

SABIC

Agri-Nutrients

Co.

41,456‌

1,224,681‌

Sahara

International

Petrochemical

Co.

161,793‌

1,071,329‌

Saudi

Arabian

Mining

Co.

(a)

268,418‌

3,593,289‌

Saudi

Arabian

Oil

Co.

(b)

1,270,984‌

9,488,237‌

Saudi

Awwal

Bank

313,539‌

2,807,949‌

Saudi

Basic

Industries

Corp.

161,704‌

2,883,421‌

Saudi

Industrial

Investment

Group

184,897‌

821,786‌

Saudi

Investment

Bank

(The)

320,930‌

1,238,485‌

Saudi

Kayan

Petrochemical

Co.

(a)

276,681‌

516,927‌

Saudi

National

Bank

(The)

838,685‌

7,455,176‌

Saudi

Telecom

Co.

497,085‌

5,291,797‌

Savola

Group

(The)

(a)

22,101‌

215,869‌

Total

79,814,601‌

South

Africa

-

4.0%

Absa

Group

Ltd.

113,477‌

1,141,084‌

Anglo

American

Platinum

Ltd.

24,853‌

749,344‌

Bid

Corp.

Ltd.

173,189‌

3,951,775‌

Bidvest

Group

Ltd.

248,329‌

3,469,894‌

FirstRand

Ltd.

1,856,938‌

7,474,987‌

Gold

Fields

Ltd.

262,953‌

3,443,333‌

Harmony

Gold

Mining

Co.

Ltd.

237,200‌

1,894,080‌

Impala

Platinum

Holdings

Ltd.

(a)

225,279‌

1,047,601‌

Mr

Price

Group

Ltd.

90,500‌

1,416,011‌

MTN

Group

Ltd.

502,820‌

2,451,214‌

Naspers

Ltd.

Class

N

47,549‌

10,515,763‌

Sasol

Ltd.

70,194‌

309,754‌

Shoprite

Holdings

Ltd.

283,701‌

4,427,660‌

Sibanye

Stillwater

Ltd.

(a)

806,203‌

640,006‌

Standard

Bank

Group

Ltd.

192,501‌

2,262,269‌

Total

45,194,775‌

South

Korea

-

11.2%

Alteogen,

Inc.

(a)

6,919‌

1,454,628‌

Amorepacific

Corp.

(a)

7,484‌

532,774‌

Celltrion,

Inc.

50,511‌

6,433,359‌

Doosan

Enerbility

Co.

Ltd.

(a)

121,931‌

1,453,581‌

Ecopro

BM

Co.

Ltd.

(a)

3,683‌

274,946‌

Ecopro

Co.

Ltd.

(a)

3,901‌

152,367‌

Hana

Financial

Group,

Inc.

110,440‌

4,261,109‌

Hanmi

Semiconductor

Co.

Ltd.

9,812‌

549,869‌

Hanwha

Aerospace

Co.

Ltd.

(a)

6,022‌

1,335,586‌

Hanwha

Industrial

Solutions

Co.

Ltd.

(a)

6,636‌

142,443‌

HD

Hyundai

Electric

Co.

Ltd.

6,163‌

1,599,203‌

HLB,

Inc.

(a)

36,052‌

1,790,172‌

HMM

Co.

Ltd.

(a)

131,960‌

1,583,000‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2024

(Unaudited)

4

Columbia

EM

Core

ex-China

ETF

|

2024

Common

Stocks

(continued)

Issuer

Shares

Value

($)

HYBE

Co.

Ltd.

(a)

7,663‌

1,006,707‌

Hyundai

Mobis

Co.

Ltd.

9,198‌

1,477,653‌

Hyundai

Motor

Co.

36,829‌

5,303,636‌

Kakao

Corp.

101,939‌

2,645,158‌

KakaoBank

Corp.

(a)

76,704‌

1,096,776‌

KB

Financial

Group,

Inc.

114,380‌

6,440,989‌

Kia

Corp.

70,352‌

4,812,313‌

L&F

Co.

Ltd.

(a)

5,049‌

277,804‌

LG

Chem

Ltd.

(a)

6,686‌

1,135,414‌

LG

Electronics,

Inc.

42,114‌

2,388,696‌

Meritz

Financial

Group,

Inc.

(a)

21,437‌

1,514,416‌

NAVER

Corp.

(a)

47,814‌

6,460,078‌

POSCO

Future

M

Co.

Ltd.

2,569‌

247,974‌

POSCO

Holdings,

Inc.

16,201‌

2,789,766‌

Samsung

C&T

Corp.

(a)

14,567‌

1,135,952‌

Samsung

E&A

Co.

Ltd.

(a)

57,046‌

641,315‌

Samsung

Electro-Mechanics

Co.

Ltd.

(a)

32,999‌

2,775,041‌

Samsung

Electronics

Co.

Ltd.

1,095,916‌

39,603,798‌

Samsung

SDI

Co.

Ltd.

(a)

3,791‌

637,348‌

Shinhan

Financial

Group

Co.

Ltd.

167,320‌

5,415,751‌

SK

Hynix,

Inc.

115,636‌

13,659,682‌

SK

Innovation

Co.

Ltd.

(a)

16,118‌

1,226,245‌

SK

Square

Co.

Ltd.

(a)

18,381‌

990,126‌

SK

Telecom

Co.

Ltd.

27,594‌

1,034,670‌

Woori

Financial

Group,

Inc.

97,385‌

1,016,749‌

Total

127,297,094‌

Taiwan

-

30.5%

Accton

Technology

Corp.

117,345‌

2,766,786‌

Acer,

Inc.

1,332,518‌

1,617,661‌

Advantech

Co.

Ltd.

122,757‌

1,297,421‌

Alchip

Technologies

Ltd.

23,690‌

2,370,120‌

ASE

Technology

Holding

Co.

Ltd.

646,004‌

3,192,138‌

Asia

Vital

Components

Co.

Ltd.

121,061‌

2,300,508‌

Asustek

Computer,

Inc.

150,137‌

2,820,979‌

AUO

Corp.

(a)

2,429,084‌

1,085,454‌

Catcher

Technology

Co.

Ltd.

567,569‌

3,358,550‌

Cathay

Financial

Holding

Co.

Ltd.

1,926,509‌

4,013,499‌

Chailease

Holding

Co.

Ltd.

243,138‌

838,036‌

Chang

Hwa

Commercial

Bank

Ltd.

8,504,569‌

4,630,437‌

China

Airlines

Ltd.

782,453‌

612,177‌

China

Steel

Corp.

4,845,551‌

2,904,271‌

Chipbond

Technology

Corp.

1,378,130‌

2,707,120‌

Chunghwa

Telecom

Co.

Ltd.

2,100,755‌

7,913,595‌

CTBC

Financial

Holding

Co.

Ltd.

7,130,287‌

8,503,842‌

Delta

Electronics,

Inc.

435,933‌

5,724,326‌

E

Ink

Holdings,

Inc.

186,284‌

1,551,207‌

E.Sun

Financial

Holding

Co.

Ltd.

2,122,164‌

1,744,493‌

Elite

Material

Co.

Ltd.

77,222‌

1,455,663‌

eMemory

Technology,

Inc.

21,014‌

2,150,467‌

Eva

Airways

Corp.

1,459,224‌

1,973,999‌

Evergreen

Marine

Corp.

Taiwan

Ltd.

256,102‌

1,757,628‌

Far

Eastern

New

Century

Corp.

6,054,009‌

5,835,278‌

Far

EasTone

Telecommunications

Co.

Ltd.

1,989,278‌

5,424,559‌

Faraday

Technology

Corp.

93,693‌

688,741‌

Formosa

Chemicals

&

Fibre

Corp.

538,925‌

448,769‌

Formosa

Petrochemical

Corp.

875,466‌

922,611‌

Formosa

Plastics

Corp.

877,261‌

949,923‌

Fortune

Electric

Co.

Ltd.

43,077‌

739,751‌

Fubon

Financial

Holding

Co.

Ltd.

1,204,247‌

3,316,918‌

Gigabyte

Technology

Co.

Ltd.

234,591‌

1,949,886‌

Global

Unichip

Corp.

15,796‌

655,266‌

Hon

Hai

Precision

Industry

Co.

Ltd.

2,779,669‌

15,600,637‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Innolux

Corp.

(a)

2,357,812‌

1,032,030‌

Inventec

Corp.

598,622‌

914,791‌

KGI

Financial

Holding

Co.

Ltd.

2,146,739‌

1,126,261‌

Largan

Precision

Co.

Ltd.

41,743‌

3,405,955‌

Lite-On

Technology

Corp.

609,319‌

1,849,265‌

Lotes

Co.

Ltd.

21,769‌

1,298,126‌

Makalot

Industrial

Co.

Ltd.

253,412‌

2,481,211‌

MediaTek,

Inc.

340,664‌

14,703,276‌

Mega

Financial

Holding

Co.

Ltd.

1,301,875‌

1,536,780‌

Nan

Ya

Plastics

Corp.

2,259,208‌

2,060,435‌

Novatek

Microelectronics

Corp.

162,210‌

2,483,778‌

PharmaEssentia

Corp.

(a)

50,136‌

940,494‌

President

Chain

Store

Corp.

420,777‌

3,375,508‌

Quanta

Computer,

Inc.

501,226‌

4,387,801‌

Realtek

Semiconductor

Corp.

76,106‌

1,318,556‌

Taiwan

Business

Bank

12,450,361‌

5,639,490‌

Taiwan

Mobile

Co.

Ltd.

1,982,552‌

6,863,599‌

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

4,945,683‌

162,168,379‌

Tatung

Co.

Ltd.

(a)

529,241‌

773,251‌

Unimicron

Technology

Corp.

355,503‌

1,528,952‌

Uni-President

Enterprises

Corp.

2,638,115‌

6,509,890‌

United

Microelectronics

Corp.

3,291,747‌

4,322,461‌

Walsin

Lihwa

Corp.

731,953‌

529,131‌

Wan

Hai

Lines

Ltd.

292,907‌

724,573‌

Wistron

Corp.

609,524‌

1,933,551‌

Wiwynn

Corp.

27,095‌

2,165,319‌

Yageo

Corp.

84,441‌

1,393,420‌

Yang

Ming

Marine

Transport

Corp.

621,217‌

1,434,401‌

Total

344,723,400‌

Thailand

-

1.9%

Bangkok

Expressway

&

Metro

PCL

NVDR

4,599,657‌

957,840‌

Bumrungrad

Hospital

PCL

NVDR

246,329‌

1,441,344‌

Central

Retail

Corp

PCL

NVDR

1,140,238‌

1,137,061‌

Charoen

Pokphand

Foods

PCL

NVDR

1,885,271‌

1,260,718‌

CP

ALL

PCL

NVDR

2,989,898‌

4,888,893‌

Delta

Electronics

Thailand

PCL

NVDR

1,071,300‌

4,791,707‌

Gulf

Energy

Development

PCL

NVDR

1,609,800‌

2,809,301‌

Kasikornbank

PCL

NVDR

308,084‌

1,405,105‌

Krung

Thai

Bank

PCL

NVDR

2,227,736‌

1,372,121‌

Minor

International

PCL

NVDR

1,071,091‌

816,788‌

Thai

Oil

PCL

NVDR

588,708‌

487,784‌

Total

21,368,662‌

Turkey

-

1.0%

Akbank

TAS

704,508‌

1,292,045‌

BIM

Birlesik

Magazalar

AS

153,992‌

2,301,573‌

Eregli

Demir

ve

Celik

Fabrikalari

TAS

1,317,691‌

909,254‌

KOC

Holding

AS

140,444‌

709,359‌

Sasa

Polyester

Sanayi

AS

(a)

5,391,865‌

620,605‌

Turk

Hava

Yollari

AO

(a)

363,483‌

2,888,498‌

Turkiye

Is

Bankasi

AS

Class

C

1,725,249‌

660,620‌

Turkiye

Petrol

Rafinerileri

AS

345,878‌

1,387,992‌

Yapi

ve

Kredi

Bankasi

AS

712,079‌

616,616‌

Total

11,386,562‌

United

Arab

Emirates

-

4.8%

Abu

Dhabi

Commercial

Bank

PJSC

745,298‌

2,114,321‌

Abu

Dhabi

Islamic

Bank

PJSC

644,197‌

2,423,817‌

Abu

Dhabi

Ports

Co.

PJSC

(a)

1,270,418‌

1,760,506‌

ADNOC

Drilling

Co.

PJSC

806,014‌

1,169,615‌

Adnoc

Gas

PLC

2,293,304‌

2,191,502‌

Aldar

Properties

PJSC

999,332‌

2,089,509‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2024

(Unaudited)

Columbia

EM

Core

ex-China

ETF

|

2024

5

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Alpha

Dhabi

Holding

PJSC

410,214‌

1,329,017‌

Commercial

Bank

of

Dubai

PSC

676,765‌

1,322,926‌

Dubai

Investments

PJSC

1,065,017‌

626,301‌

Dubai

Islamic

Bank

PJSC

1,438,438‌

2,776,582‌

Emaar

Properties

PJSC

1,371,754‌

4,799,020‌

Emirates

Integrated

Telecommunications

Co.

PJSC

504,362‌

1,028,484‌

Emirates

NBD

Bank

PJSC

542,223‌

3,166,492‌

Emirates

Telecommunications

Group

Co.

PJSC

854,749‌

3,797,798‌

First

Abu

Dhabi

Bank

PJSC

1,540,378‌

5,762,185‌

International

Holding

Co.

PJSC

(a)

146,453‌

16,148,287‌

Modon

Holding

PSC

(a)

1,142,320‌

1,038,741‌

Multiply

Group

PJSC

(a)

1,233,530‌

695,174‌

NMDC

Group

PJSC

77,903‌

524,295‌

Total

54,764,572‌

Total

Common

Stocks

(Cost:

$1,029,003,505)

1,098,528,642‌

Preferred

Stocks

-

2.2%

Issuer

Shares

Value

($)

Brazil

-

2.1%

Banco

Bradesco

SA

Preference

Shares

1,618,850‌

3,029,194‌

Gerdau

SA

Preference

Shares

462,050‌

1,356,716‌

Itau

Unibanco

Holding

SA

Preference

Shares

1,366,567‌

6,797,608‌

Itausa

SA

Preference

Shares

3,459,131‌

4,944,135‌

Petroleo

Brasileiro

SA

Preference

Shares

1,209,593‌

7,085,826‌

Total

23,213,479‌

Chile

-

0.1%

Sociedad

Quimica

y

Minera

de

Chile

SA

Preference

Shares

Class

B

39,913‌

1,468,858‌

Total

Preferred

Stocks

(Cost:

$30,859,321)

24,682,337‌

Money

Market

Funds

-

0.5%

Issuer

Shares

Value

($)

Goldman

Sachs

Financial

Square

Funds

—

Treasury

Instruments

Fund,

Institutional

Shares,

4.352%

(g)

6,154,238‌

6,154,238‌

Total

Money

Market

Funds

(Cost:

$6,154,238)

6,154,238‌

Total

Investments

in

Securities

(Cost:

$1,066,017,064)

1,129,365,217‌

Other

Assets

&

Liabilities,

Net

2,009,489‌

Net

Assets

1,131,374,706‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2024

(Unaudited)

6

Columbia

EM

Core

ex-China

ETF

|

2024

Security

Acquisition

Date

Shares

Cost

($)

Value

($)

Gazprom

PJSC

04/19/2016-02/16/2022

251,024

961,853

—

GMK

Norilskiy

Nickel

PAO

ADR

06/19/2020-02/16/2022

19,108

569,160

—

LUKOIL

PJSC

04/19/2016-02/16/2022

14,277

1,117,736

—

Mobile

TeleSystems

PJSC

ADR

06/19/2020-02/16/2022

49,482

421,211

—

3,069,960

—

Notes

to

Portfolio

of

Investments

(a)

Non-income

producing

investment.

(b)

Represents

privately

placed

and

other

securities

and

instruments

exempt

from

Securities

and

Exchange

Commission

registration

(collectively,

private

placements),

such

as

Section

4(a)(2)

and

Rule

144A

eligible

securities,

which

are

often

sold

only

to

qualified

institutional

buyers.

At

December

31,

2024,

the

total

value

of

these

securities

amounted

to

$12,630,504,

which

represents

1.12%

of

total

net

assets.

(c)

Represents

fair

value

as

determined

in

good

faith

under

procedures

approved

by

the

Board

of

Trustees.

At

December

31,

2024,

the

value

of

these

securities

amounted

to

$0,

which

represents

less

than

0.01%

of

net

assets.

(d)

Valuation

based

on

significant

unobservable

inputs.

(e)

Denotes

a

restricted

security,

which

is

subject

to

legal

or

contractual

restrictions

on

resale

under

federal

securities

laws.

Disposal

of

a

restricted

investment

may

involve

time-consuming

negotiations

and

expenses,

and

prompt

sale

at

an

acceptable

price

may

be

difficult

to

achieve.

Private

placement

securities

are

generally

considered

to

be

restricted,

although

certain

of

those

securities

may

be

traded

between

qualified

institutional

investors

under

the

provisions

of

Section

4(a)(2)

and

Rule

144A.

The

Fund

will

not

incur

any

registration

costs

upon

such

a

trade.

These

securities

are

valued

at

fair

value

determined

in

good

faith

under

consistently

applied

procedures

approved

by

the

Fund’s

Board

of

Trustees.

At

December

31,

2024,

the

total

market

value

of

these

securities

amounted

to

$0,

which

represents

less

than

0.01%

of

total

net

assets.

Additional

information

on

these

securities

is

as

follows:

(f)

As

a

result

of

sanctions

and

restricted

cross-border

payments,

certain

income

and/or

principal

has

not

been

recognized

by

the

Fund.

The

Fund

will

continue

to

monitor

the

net

realizable

value

and

record

the

income

when

it

is

considered

collectible.

(g)

The

rate

shown

is

the

seven-day

current

annualized

yield

at

December

31,

2024.

Abbreviation

Legend

ADR

American

Depositary

Receipts

GDR

Global

Depositary

Receipts

NVDR

Non-Voting

Depository

Receipts

PJSC

Private

Joint

Stock

Company

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

PORTFOLIO

OF

INVESTMENTS

(Consolidated)

Columbia

India

Consumer

ETF

December

31,

2024

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

Columbia

India

Consumer

ETF

|

2024

7

Notes

to

Consolidated

Portfolio

of

Investments

Common

Stocks

-

101.0%

Issuer

Shares

Value

($)

Consumer

Discretionary

-

61.5%

Apparel

Retail

-

7.7%

Trent

Ltd.

351,735‌

29,265,527‌

Apparel,

Accessories

&

Luxury

Goods

-

3.8%

Titan

Co.

Ltd.

383,961‌

14,589,744‌

Automobile

Manufacturers

-

14.5%

Mahindra

&

Mahindra

Ltd.

766,265‌

26,914,316‌

Maruti

Suzuki

India

Ltd.

126,327‌

16,022,065‌

Tata

Motors

Ltd.

1,399,040‌

12,095,013‌

Total

55,031,394‌

Automotive

Parts

&

Equipment

-

7.7%

Bharat

Forge

Ltd.

422,822‌

6,417,861‌

Bosch

Ltd.

15,852‌

6,313,897‌

Samvardhana

Motherson

International

Ltd.

4,356,656‌

7,944,532‌

Tube

Investments

of

India

Ltd.

201,036‌

8,397,658‌

Total

29,073,948‌

Hotels,

Resorts

&

Cruise

Lines

-

4.2%

Indian

Hotels

Co.

Ltd.

1,552,473‌

15,913,013‌

Motorcycle

Manufacturers

-

14.2%

Bajaj

Auto

Ltd.

163,760‌

16,829,758‌

Eicher

Motors

Ltd.

241,499‌

13,601,601‌

Hero

MotoCorp

Ltd.

236,546‌

11,495,505‌

TVS

Motor

Co.

Ltd.

428,320‌

11,849,451‌

Total

53,776,315‌

Restaurants

-

7.8%

Zomato

Ltd.

(a)

9,087,652‌

29,514,203‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Tires

&

Rubber

-

1.6%

MRF

Ltd.

4,106‌

6,265,193‌

Total

Consumer

Discretionary

233,429,337‌

Consumer

Staples

-

39.5%

Distillers

&

Vintners

-

2.9%

United

Spirits

Ltd.

569,630‌

10,814,911‌

Food

Retail

-

3.0%

Avenue

Supermarts

Ltd.

(a),(b)

277,683‌

11,552,644‌

Packaged

Foods

&

Meats

-

13.2%

Britannia

Industries

Ltd.

215,405‌

11,983,124‌

Marico

Ltd.

961,921‌

7,185,160‌

Nestle

India

Ltd.

567,767‌

14,391,178‌

Patanjali

Foods

Ltd.

172,896‌

3,598,628‌

Tata

Consumer

Products

Ltd.

1,191,755‌

12,732,748‌

Total

49,890,838‌

Personal

Care

Products

-

11.0%

Colgate-Palmolive

India

Ltd.

241,157‌

7,550,861‌

Dabur

India

Ltd.

1,085,515‌

6,428,361‌

Godrej

Consumer

Products

Ltd.

682,763‌

8,629,265‌

Hindustan

Unilever

Ltd.

600,948‌

16,332,842‌

Procter

&

Gamble

Hygiene

&

Health

Care

Ltd.

17,202‌

2,956,420‌

Total

41,897,749‌

Soft

Drinks

&

Non-alcoholic

Beverages

-

4.2%

Varun

Beverages

Ltd.

2,115,646‌

15,778,307‌

Tobacco

-

5.2%

ITC

Ltd.

3,515,957‌

19,862,377‌

Total

Consumer

Staples

149,796,826‌

Total

Investments

in

Securities

(Cost:

$308,703,123)

383,226,163‌

Other

Assets

&

Liabilities,

Net

(3,804,693‌)

Net

Assets

379,421,470‌

(a)

Non-income

producing

investment.

(b)

Represents

privately

placed

and

other

securities

and

instruments

exempt

from

Securities

and

Exchange

Commission

registration

(collectively,

private

placements),

such

as

Section

4(a)(2)

and

Rule

144A

eligible

securities,

which

are

often

sold

only

to

qualified

institutional

buyers.

At

December

31,

2024,

the

total

value

of

these

securities

amounted

to

$11,552,644,

which

represents

3.04%

of

total

net

assets.

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

PORTFOLIO

OF

INVESTMENTS

Columbia

Research

Enhanced

Emerging

Economies

ETF

December

31,

2024

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

8

Columbia

Research

Enhanced

Emerging

Economies

ETF

|

2024

Common

Stocks

-

96.8%

Issuer

Shares

Value

($)

Brazil

-

1.7%

B3

SA

-

Brasil

Bolsa

Balcao

171,659‌

286,754‌

Cosan

SA

158,597‌

209,483‌

Equatorial

Energia

SA

73,594‌

326,404‌

Suzano

SA

26,442‌

264,426‌

WEG

SA

50,823‌

434,120‌

Total

1,521,187‌

China

-

26.2%

Agricultural

Bank

of

China,

Ltd.

Class

H

647,661‌

369,356‌

Airtac

International

Group

7,237‌

186,308‌

Alibaba

Group

Holding

Ltd.

270,187‌

2,866,060‌

Baidu,

Inc.

Class

A

(a)

47,227‌

502,793‌

Bank

of

China,

Ltd.

Class

H

1,645,663‌

841,056‌

BeiGene

Ltd.

(a)

15,937‌

224,039‌

Bilibili

,

Inc.

Class

Z

(a)

6,782‌

123,977‌

BYD

Co.

Ltd.

Class

H

23,064‌

791,568‌

China

Construction

Bank

Corp.

Class

H

1,808,248‌

1,508,435‌

China

Life

Insurance

Co.,

Ltd.

Class

H

218,419‌

412,772‌

China

Merchants

Bank

Co.,

Ltd.

Class

H

85,140‌

438,417‌

China

Overseas

Land

&

Investment,

Ltd.

133,978‌

213,869‌

China

Pacific

Insurance

Group

Co.,

Ltd.

Class

H

74,918‌

243,041‌

China

Petroleum

&

Chemical

Corp.

Class

H

583,970‌

334,537‌

China

Resources

Beer

Holdings

Co.

Ltd.

48,028‌

156,117‌

China

Resources

Land,

Ltd.

83,241‌

241,645‌

China

Yangtze

Power

Co.,

Ltd.

Class

A

259,728‌

1,051,473‌

H

World

Group

Ltd.

ADR

5,830‌

192,565‌

Haier

Smart

Home

Co.

Ltd.

Class

H

78,828‌

279,066‌

Industrial

&

Commercial

Bank

of

China,

Ltd.

Class

H

1,349,280‌

904,968‌

Innovent

Biologics,

Inc.

(a),(b)

31,835‌

149,996‌

JD.com,

Inc.

Class

A

55,779‌

976,570‌

Jiangsu

Hengrui

Pharmaceuticals

Co.,

Ltd.

Class

A

72,044‌

453,036‌

Kuaishou

Technology

(a),(b)

33,418‌

177,889‌

Kweichow

Moutai

Co.

Ltd.

Class

A

10,895‌

2,274,752‌

Lenovo

Group,

Ltd.

180,676‌

234,452‌

Li

Auto,

Inc.

Class

A

(a)

24,091‌

291,370‌

Luxshare

Precision

Industry

Co.,

Ltd.

Class

A

82,796‌

462,344‌

Meituan

Class

B

(a),(b)

94,629‌

1,848,006‌

NetEase

,

Inc.

38,909‌

693,234‌

NIO,

Inc.

ADR

(a)

35,075‌

152,927‌

PetroChina

Co.,

Ltd.

Class

H

384,783‌

302,657‌

Ping

An

Insurance

Group

Co.

of

China,

Ltd.

Class

H

140,295‌

831,697‌

Pop

Mart

International

Group

Ltd.

(b)

16,688‌

192,596‌

Silergy

Corp.

10,875‌

133,846‌

Sunny

Optical

Technology

Group

Co.

Ltd.

22,462‌

199,088‌

Trip.com

Group

Ltd.

(a)

11,231‌

780,739‌

Vipshop

Holdings

Ltd.

ADR

11,904‌

160,347‌

Wuxi

Biologics

Cayman,

Inc.

(a),(b)

78,834‌

178,210‌

Xiaomi

Corp.

Class

B

(a),(b)

318,117‌

1,412,861‌

Xpeng

,

Inc.

Class

A

(a)

25,210‌

151,397‌

Total

23,940,076‌

Czech

Republic

-

0.3%

CEZ

AS

6,537‌

257,318‌

Egypt

-

0.1%

Commercial

International

Bank

-

Egypt

(CIB)

72,022‌

111,228‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Greece

-

0.3%

Metlen

Energy

&

Metals

SA

8,970‌

311,347‌

Hungary

-

0.3%

MOL

Hungarian

Oil

&

Gas

PLC

43,918‌

301,806‌

India

-

20.7%

Apollo

Hospitals

Enterprise,

Ltd.

3,389‌

288,824‌

Ashok

Leyland,

Ltd.

109,773‌

282,723‌

Asian

Paints

Ltd.

12,775‌

340,416‌

Axis

Bank

Ltd.

42,434‌

527,713‌

Bajaj

Auto

Ltd.

1,824‌

187,454‌

Bajaj

Finance

Ltd.

5,720‌

455,856‌

Bharat

Electronics

Ltd.

90,560‌

310,086‌

Bharat

Petroleum

Corp.

Ltd.

63,147‌

215,705‌

Bharti

Airtel

Ltd.

50,541‌

937,308‌

Cipla

Ltd.

15,676‌

279,962‌

Divi's

Laboratories,

Ltd.

3,495‌

248,971‌

Grasim

Industries

Ltd.

14,695‌

419,272‌

HCL

Technologies

Ltd.

20,288‌

454,369‌

HDFC

Bank

Ltd.

104,210‌

2,157,933‌

HDFC

Life

Insurance

Co.

Ltd.

(b)

26,080‌

187,968‌

Hero

MotoCorp

Ltd.

3,757‌

182,580‌

Hindalco

Industries

Ltd.

54,212‌

381,481‌

Hindustan

Petroleum

Corp.

Ltd.

33,308‌

159,024‌

ICICI

Bank

Ltd.

99,505‌

1,489,604‌

Indian

Hotels

Co.

Ltd.

24,566‌

251,804‌

Infosys,

Ltd.

58,629‌

1,287,439‌

ITC

Ltd.

61,259‌

346,065‌

Jio

Financial

Services

Ltd.

(a)

61,609‌

214,949‌

Kotak

Mahindra

Bank

Ltd.

23,469‌

489,604‌

Larsen

&

Toubro

Ltd.

14,958‌

630,310‌

Mahindra

&

Mahindra

Ltd.

17,768‌

624,084‌

Nestle

India

Ltd.

8,614‌

218,339‌

Pidilite

Industries

Ltd.

6,198‌

210,253‌

Power

Grid

Corp

of

India

Ltd.

96,228‌

346,972‌

Reliance

Industries,

Ltd.

72,735‌

1,032,612‌

Shriram

Finance

Ltd.

6,423‌

216,753‌

State

Bank

of

India

39,754‌

369,128‌

Suzlon

Energy,

Ltd.

(a)

248,081‌

180,294‌

Tata

Consultancy

Services,

Ltd.

16,798‌

803,428‌

Tata

Consumer

Products

Ltd.

20,248‌

216,330‌

Tata

Power

Co.

Ltd.

(The)

47,404‌

217,270‌

Tech

Mahindra

Ltd.

15,116‌

301,247‌

Titan

Co.

Ltd.

9,761‌

370,898‌

TVS

Motor

Co.

Ltd.

7,053‌

195,121‌

Varun

Beverages

Ltd.

27,758‌

207,017‌

Wipro

Ltd.

72,926‌

257,117‌

Zomato

Ltd.

(a)

119,292‌

387,428‌

Total

18,881,711‌

Indonesia

-

1.6%

Amman

Mineral

Internasional

PT

(a)

359,208‌

189,145‌

PT

Astra

International

Tbk

841,847‌

256,294‌

PT

Bank

Central

Asia

Tbk

1,233,557‌

741,514‌

PT

Telkom

Indonesia

Persero

Tbk

1,404,981‌

236,564‌

Total

1,423,517‌

Malaysia

-

1.8%

CIMB

Group

Holdings

Bhd

198,800‌

364,567‌

Malayan

Banking

Bhd

86,400‌

197,861‌

Public

Bank

Bhd

373,200‌

380,586‌

Telekom

Malaysia

Bhd

201,100‌

299,075‌

Tenaga

Nasional

Bhd

120,500‌

402,610‌

Total

1,644,699‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

Research

Enhanced

Emerging

Economies

ETF

December

31,

2024

(Unaudited)

Columbia

Research

Enhanced

Emerging

Economies

ETF

|

2024

9

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Mexico

-

2.0%

America

Movil

SAB

de

CV

Series

B

733,529‌

527,408‌

Fomento

Economico

Mexicano

SAB

de

CV

Series

UBD

42,909‌

366,711‌

Grupo

Aeroportuario

del

Pacifico

SAB

de

CV

Class

B

(a)

13,650‌

240,626‌

Grupo

Financiero

Banorte

SAB

de

CV

Class

O

62,119‌

400,240‌

Wal-Mart

de

Mexico

SAB

de

CV

89,592‌

236,510‌

Total

1,771,495‌

Philippines

-

0.6%

SM

Investments

Corp.

23,360‌

363,050‌

SM

Prime

Holdings,

Inc.

470,600‌

204,609‌

Total

567,659‌

Qatar

-

0.7%

Qatar

National

Bank

QPSC

135,577‌

643,814‌

Russia

-

0.0%

Magnit

PJSC

(c),(d),(e),(f)

15,524‌

0‌

Mobile

TeleSystems

PJSC

ADR

(a),(c),(d),(e)

86,390‌

0‌

Total

0‌

Saudi

Arabia

-

4.1%

ACWA

Power

Co.

3,042‌

324,974‌

Al

Rajhi

Bank

42,533‌

1,070,853‌

Dr

Sulaiman

Al

Habib

Medical

Services

Group

Co.

3,211‌

239,624‌

Jarir

Marketing

Co.

84,307‌

284,060‌

SABIC

Agri

-Nutrients

Co.

11,729‌

346,495‌

Saudi

Arabian

Oil

Co.

(b)

125,716‌

938,504‌

Saudi

Basic

Industries

Corp.

31,494‌

561,584‌

Total

3,766,094‌

South

Africa

-

2.8%

Capitec

Bank

Holdings

Ltd.

2,458‌

408,278‌

FirstRand

Ltd.

113,980‌

458,819‌

Gold

Fields

Ltd.

20,283‌

265,603‌

MTN

Group

Ltd.

46,632‌

227,328‌

Naspers

Ltd.

Class

N

3,140‌

694,431‌

Standard

Bank

Group

Ltd.

39,746‌

467,095‌

Total

2,521,554‌

South

Korea

-

8.3%

Celltrion

,

Inc.

3,361‌

428,079‌

Doosan

Enerbility

Co.

Ltd.

(a)

15,488‌

184,638‌

Hana

Financial

Group,

Inc.

6,169‌

238,019‌

Hyundai

Mobis

Co.

Ltd.

1,559‌

250,452‌

Hyundai

Motor

Co.

1,843‌

265,405‌

KB

Financial

Group,

Inc.

6,977‌

392,890‌

LG

Energy

Solution

Ltd.

(a)

1,130‌

267,119‌

NAVER

Corp.

(a)

3,468‌

468,556‌

POSCO

Holdings,

Inc.

1,893‌

325,969‌

Samsung

Biologics

Co.

Ltd.

(a),(b)

460‌

296,532‌

Samsung

Electronics

Co.

Ltd.

73,318‌

2,649,538‌

Samsung

SDI

Co.

Ltd.

(a)

1,050‌

176,528‌

Shinhan

Financial

Group

Co.

Ltd.

9,658‌

312,607‌

SK

Hynix,

Inc.

8,343‌

985,530‌

SK

Innovation

Co.

Ltd.

(a)

2,003‌

152,387‌

Woori

Financial

Group,

Inc.

17,471‌

182,406‌

Total

7,576,655‌

Taiwan

-

19.5%

Accton

Technology

Corp.

14,253‌

336,060‌

ASE

Technology

Holding

Co.

Ltd.

103,193‌

509,914‌

ASMedia

Technology,

Inc.

3,638‌

220,270‌

ASPEED

Technology,

Inc.

1,819‌

184,483‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Asustek

Computer,

Inc.

19,550‌

367,332‌

Cathay

Financial

Holding

Co.

Ltd.

263,578‌

549,113‌

Chailease

Holding

Co.

Ltd.

48,902‌

168,553‌

China

Steel

Corp.

552,565‌

331,190‌

Chroma

ATE,

Inc.

23,569‌

294,033‌

Chunghwa

Telecom

Co.

Ltd.

114,156‌

430,028‌

CTBC

Financial

Holding

Co.

Ltd.

481,358‌

574,085‌

Delta

Electronics,

Inc.

51,576‌

677,255‌

E

Ink

Holdings,

Inc.

26,687‌

222,226‌

E.Sun

Financial

Holding

Co.

Ltd.

487,275‌

400,557‌

Elite

Material

Co.

Ltd.

18,953‌

357,271‌

eMemory

Technology,

Inc.

1,819‌

186,147‌

Evergreen

Marine

Corp.

Taiwan

Ltd.

37,323‌

256,148‌

First

Financial

Holding

Co.

Ltd.

362,651‌

299,771‌

Fubon

Financial

Holding

Co.

Ltd.

223,900‌

616,699‌

Hotai

Motor

Co.

Ltd.

14,194‌

267,995‌

Hua

Nan

Financial

Holdings

Co.

Ltd.

238,517‌

190,249‌

KGI

Financial

Holding

Co.

Ltd.

533,634‌

279,965‌

King

Slide

Works

Co.

Ltd.

4,440‌

209,916‌

Lite-On

Technology

Corp.

67,488‌

204,824‌

MediaTek

,

Inc.

35,604‌

1,536,691‌

Mega

Financial

Holding

Co.

Ltd.

330,041‌

389,592‌

Nan

Ya

Plastics

Corp.

208,179‌

189,863‌

PharmaEssentia

Corp.

(a)

7,237‌

135,758‌

Quanta

Computer,

Inc.

56,914‌

498,233‌

Shin

Kong

Financial

Holding

Co.

Ltd.

(a)

551,024‌

198,328‌

Taiwan

Cooperative

Financial

Holding

Co.

Ltd.

401,383‌

297,507‌

Taiwan

Mobile

Co.

Ltd.

81,884‌

283,483‌

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

122,545‌

4,018,237‌

TCC

Group

Holdings

358,255‌

346,404‌

Uni

-President

Enterprises

Corp.

119,696‌

295,365‌

United

Microelectronics

Corp.

265,598‌

348,762‌

Voltronic

Power

Technology

Corp.

1,819‌

103,199‌

Wistron

Corp.

74,646‌

236,794‌

Wiwynn

Corp.

2,601‌

207,861‌

Yang

Ming

Marine

Transport

Corp.

72,919‌

168,371‌

Yuanta

Financial

Holding

Co.

Ltd.

358,661‌

371,959‌

Total

17,760,491‌

Thailand

-

2.0%

Advanced

Info

Service

PCL

NVDR

36,700‌

308,928‌

Airports

of

Thailand

PCL

NVDR

163,600‌

285,502‌

Bangkok

Dusit

Medical

Services

PCL

NVDR

276,800‌

198,903‌

Delta

Electronics

Thailand

PCL

NVDR

86,800‌

388,239‌

Gulf

Energy

Development

PCL

NVDR

170,400‌

297,369‌

PTT

PCL

NVDR

NVDR

345,700‌

321,924‌

Total

1,800,865‌

Turkey

-

0.7%

Aselsan

Elektronik

Sanayi

Ve

Ticaret

AS

99,942‌

204,912‌

BIM

Birlesik

Magazalar

AS

15,232‌

227,658‌

Turk

Hava

Yollari

AO

(a)

28,867‌

229,398‌

Total

661,968‌

United

Arab

Emirates

-

3.1%

Abu

Dhabi

Commercial

Bank

PJSC

137,956‌

391,365‌

Abu

Dhabi

Islamic

Bank

PJSC

52,618‌

197,977‌

Aldar

Properties

PJSC

151,524‌

316,822‌

Emaar

Properties

PJSC

222,742‌

779,253‌

Emirates

Telecommunications

Group

Co.

PJSC

132,827‌

590,173‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

Research

Enhanced

Emerging

Economies

ETF

December

31,

2024

(Unaudited)

10

Columbia

Research

Enhanced

Emerging

Economies

ETF

|

2024

Common

Stocks

(continued)

Issuer

Shares

Value

($)

First

Abu

Dhabi

Bank

PJSC

150,325‌

562,330‌

Total

2,837,920‌

Total

Common

Stocks

(Cost:

$94,187,654)

88,301,404‌

Preferred

Stocks

-

2.7%

Issuer

Shares

Value

($)

Brazil

-

2.2%

Banco

Bradesco

SA

Preference

Shares

151,475‌

283,440‌

Itau

Unibanco

Holding

SA

Preference

Shares

131,438‌

653,802‌

Itausa

SA

Preference

Shares

270,660‌

386,854‌

Petroleo

Brasileiro

SA

Preference

Shares

112,901‌

661,377‌

Total

1,985,473‌

Chile

-

0.2%

Sociedad

Quimica

y

Minera

de

Chile

SA

Preference

Shares

Class

B

5,670‌

208,664‌

Colombia

-

0.3%

Bancolombia

SA

Class

Preference

29,319‌

234,124‌

Total

Preferred

Stocks

(Cost:

$2,787,238)

2,428,261‌

Money

Market

Funds

-

0.6%

Issuer

Shares

Value

($)

Goldman

Sachs

Financial

Square

Funds

—

Treasury

Instruments

Fund,

Institutional

Shares,

4.352%

(g)

566,142‌

566,142‌

Total

Money

Market

Funds

(Cost:

$566,142)

566,142‌

Total

Investments

in

Securities

(Cost:

$97,541,034)

91,295,807‌

Other

Assets

&

Liabilities,

Net

(63,628‌)

Net

Assets

91,232,179‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

Research

Enhanced

Emerging

Economies

ETF

December

31,

2024

(Unaudited)

Columbia

Research

Enhanced

Emerging

Economies

ETF

|

2024

11

Security

Acquisition

Date

Shares

Cost

($)

Value

($)

Magnit

PJSC

12/27/2012-12/17/2021

15,524

3,017,072

—

Mobile

TeleSystems

PJSC

ADR

09/18/2020-12/17/2021

86,390

774,283

—

3,791,355

—

Notes

to

Portfolio

of

Investments

(a)

Non-income

producing

investment.

(b)

Represents

privately

placed

and

other

securities

and

instruments

exempt

from

Securities

and

Exchange

Commission

registration

(collectively,

private

placements),

such

as

Section

4(a)(2)

and

Rule

144A

eligible

securities,

which

are

often

sold

only

to

qualified

institutional

buyers.

At

December

31,

2024,

the

total

value

of

these

securities

amounted

to

$5,382,562,

which

represents

5.90%

of

total

net

assets.

(c)

Represents

fair

value

as

determined

in

good

faith

under

procedures

approved

by

the

Board

of

Trustees.

At

December

31,

2024,

the

value

of

these

securities

amounted

to

$0,

which

represents

less

than

0.01%

of

net

assets.

(d)

Valuation

based

on

significant

unobservable

inputs.

(e)

Denotes

a

restricted

security,

which

is

subject

to

legal

or

contractual

restrictions

on

resale

under

federal

securities

laws.

Disposal

of

a

restricted

investment

may

involve

time-consuming

negotiations

and

expenses,

and

prompt

sale

at

an

acceptable

price

may

be

difficult

to

achieve.

Private

placement

securities

are

generally

considered

to

be

restricted,

although

certain

of

those

securities

may

be

traded

between

qualified

institutional

investors

under

the

provisions

of

Section

4(a)(2)

and

Rule

144A.

The

Fund

will

not

incur

any

registration

costs

upon

such

a

trade.

These

securities

are

valued

at

fair

value

determined

in

good

faith

under

consistently

applied

procedures

approved

by

the

Fund’s

Board

of

Trustees.

At

December

31,

2024,

the

total

market

value

of

these

securities

amounted

to

$0,

which

represents

less

than

0.01%

of

total

net

assets.

Additional

information

on

these

securities

is

as

follows:

(f)

As

a

result

of

sanctions

and

restricted

cross-border

payments,

certain

income

and/or

principal

has

not

been

recognized

by

the

Fund.

The

Fund

will

continue

to

monitor

the

net

realizable

value

and

record

the

income

when

it

is

considered

collectible.

(g)

The

rate

shown

is

the

seven-day

current

annualized

yield

at

December

31,

2024.

Abbreviation

Legend

ADR

American

Depositary

Receipts

NVDR

Non-Voting

Depository

Receipts

PJSC

Private

Joint

Stock

Company

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

3QR279_03_R01_(02/25)

You

may

at

any

time

request,

free

of

charge,

to

receive

a

paper

copy

of

this

report

by

calling

800.345.6611.