| Global Beta ETF Trust | ||||||||
| Global Beta Smart Income ETF | ||||||||
| Schedule of Investments | ||||||||
| August 31, 2020 (Unaudited) | ||||||||
| COMMON STOCKS - 99.8% | Number of Shares | Value | ||||||
| Communication Services - 7.9% | ||||||||
| Interpublic Group of Companies, Inc. | 825 | $ | 14,652 | |||||
| Lumen Technologies, Inc. | 2,998 | 32,228 | ||||||
| Verizon Communications, Inc. | 1,258 | 74,562 | ||||||
| 121,442 | ||||||||
| Consumer Discretionary - 2.0% | ||||||||
| H&R Block, Inc. | 264 | 3,828 | ||||||
| Leggett & Platt, Inc. | 187 | 7,667 | ||||||
| Newell Brands, Inc. | 893 | 14,270 | ||||||
| Wyndham Destinations, Inc. | 173 | 5,015 | ||||||
| 30,780 | ||||||||
| Consumer Staples - 13.1% | ||||||||
| Archer-Daniels-Midland Co. | 1,754 | 78,509 | ||||||
| Coca-Cola Co. | 1,133 | 56,117 | ||||||
| Nu Skin Enterprises, Inc. - Class A | 85 | 4,018 | ||||||
| Walgreens Boots Alliance, Inc. | 1,696 | 64,482 | ||||||
| 203,126 | ||||||||
| Energy - 17.7% | ||||||||
| Chevron Corp. | 760 | 63,787 | ||||||
| Exxon Mobil Corp. | 1,483 | 59,231 | ||||||
| Kinder Morgan, Inc. | 1,157 | 15,990 | ||||||
| Marathon Petroleum Corp. | 1,850 | 65,601 | ||||||
| Valero Energy Corp. | 1,083 | 56,955 | ||||||
| Williams Companies, Inc. | 596 | 12,373 | ||||||
| 273,937 | ||||||||
| Financials - 9.2% | ||||||||
| American Financial Group, Inc. | 162 | 10,830 | ||||||
| Associated Banc-Corp | 158 | 2,124 | ||||||
| Cathay General Bancorp | 41 | 1,012 | ||||||
| Citizens Financial Group, Inc. | 420 | 10,865 | ||||||
| Comerica, Inc. | 130 | 5,139 | ||||||
| Federated Hermes, Inc. - Class B | 87 | 2,080 | ||||||
| First Horizon National Corp. | 304 | 2,903 | ||||||
| F.N.B. Corp. | 271 | 2,033 | ||||||
| Franklin Resources, Inc. | 366 | 7,708 | ||||||
| Hanover Insurance Group, Inc. | 68 | 6,969 | ||||||
| Huntington Bancshares, Inc. | 772 | 7,265 | ||||||
| Janus Henderson Group PLC ^ | 137 | 2,839 | ||||||
| KeyCorp | 782 | 9,634 | ||||||
| Mercury General Corp. | 125 | 5,591 | ||||||
| Navient Corp. | 907 | 8,245 | ||||||
| New York Community Bancorp, Inc. | 272 | 2,462 | ||||||
| Old Republic International Corp. | 510 | 8,216 | ||||||
| People's United Financial, Inc. | 280 | 2,962 | ||||||
| Principal Financial Group, Inc. | 552 | 23,245 | ||||||
| Regions Financial Corp. | 774 | 8,947 | ||||||
| Synovus Financial Corp. | 148 | 3,237 | ||||||
| Umpqua Holdings Corp. | 190 | 2,143 | ||||||
| United Bankshares, Inc. | 43 | 1,124 | ||||||
| Valley National Bancorp | 283 | 2,125 | ||||||
| Webster Financial Corp. | 74 | 2,035 | ||||||
| 141,733 | ||||||||
| Health Care - 7.1% | ||||||||
| Gilead Sciences, Inc. | 435 | 29,036 | ||||||
| Pfizer, Inc. | 2,140 | 80,871 | ||||||
| 109,907 | ||||||||
| Industrials - 14.9% | ||||||||
| 3M Co. | 290 | 47,276 | ||||||
| HNI Corp. | 106 | 3,376 | ||||||
| MSC Industrial Direct Co., Inc. - Class A | 65 | 4,283 | ||||||
| PACCAR, Inc. | 465 | 39,916 | ||||||
| Ryder System, Inc. | 334 | 13,661 | ||||||
| United Parcel Service, Inc. - Class B | 675 | 110,443 | ||||||
| Watsco, Inc. | 33 | 8,085 | ||||||
| Werner Enterprises, Inc. | 87 | 4,003 | ||||||
| 231,043 | ||||||||
| Information Technology - 11.8% | ||||||||
| Broadcom, Inc. | 104 | 36,104 | ||||||
| Hewlett Packard Enterprise Co. | 3,921 | 37,916 | ||||||
| HP, Inc. | 4,152 | 81,172 | ||||||
| NetApp, Inc. | 181 | 8,577 | ||||||
| NortonLifeLock, Inc. | 181 | 4,257 | ||||||
| Seagate Technology PLC | 290 | 13,917 | ||||||
| 181,943 | ||||||||
| Materials - 7.1% | ||||||||
| Chemours Co. | 471 | 9,731 | ||||||
| Compass Minerals International, Inc. | 41 | 2,334 | ||||||
| Dow, Inc. | 1,409 | 63,574 | ||||||
| Eastman Chemical Co. | 181 | 13,233 | ||||||
| Greif, Inc. - Class A | 104 | 3,832 | ||||||
| Olin Corp. | 644 | 7,245 | ||||||
| Packaging Corp of America | 100 | 10,124 | ||||||
| 110,073 | ||||||||
| Real Estate - 2.4% | ||||||||
| Apartment Investment and Management Co. - Class A | 39 | 1,405 | ||||||
| GEO Group, Inc. | 281 | 3,136 | ||||||
| Healthpeak Properties, Inc. | 104 | 2,875 | ||||||
| Highwoods Properties, Inc. | 27 | 1,006 | ||||||
| Iron Mountain, Inc. | 215 | 6,469 | ||||||
| Mack-Cali Realty Corp. | 31 | 392 | ||||||
| Medical Properties Trust, Inc. | 70 | 1,301 | ||||||
| Physicians Realty Trust | 42 | 762 | ||||||
| PotlatchDeltic Corp. | 32 | 1,473 | ||||||
| Rayonier, Inc. | 46 | 1,347 | ||||||
| Simon Property Group, Inc. | 117 | 7,938 | ||||||
| Spirit Realty Capital, Inc. | 20 | 710 | ||||||
| STORE Capital Corp. | 47 | 1,271 | ||||||
| Welltower, Inc. | 130 | 7,478 | ||||||
| 37,563 | ||||||||
| Utilities - 6.6% | ||||||||
| AES Corp. | 1,029 | 18,265 | ||||||
| Dominion Energy, Inc. | 288 | 22,591 | ||||||
| DTE Energy Co. | 162 | 19,224 | ||||||
| Edison International | 292 | 15,324 | ||||||
| MDU Resources Group, Inc. | 361 | 8,527 | ||||||
| National Fuel Gas Co. | 54 | 2,464 | ||||||
| NorthWestern Corp. | 29 | 1,498 | ||||||
| OGE Energy Corp. | 104 | 3,313 | ||||||
| PPL Corp. | 412 | 11,384 | ||||||
| 102,590 | ||||||||
| TOTAL COMMON STOCKS (Cost $1,464,073) | 1,544,137 | |||||||
| MONEY MARKET FUND - 0.1% | ||||||||
First American Government Obligations Fund - Class X, 0.07% (a) | 1,250 | 1,250 | ||||||
| TOTAL MONEY MARKET FUND (Cost $1,250) | 1,250 | |||||||
| TOTAL INVESTMENTS - 99.9% (Cost $1,465,323) | 1,545,387 | |||||||
| OTHER ASSETS LESS LIABILITIES - 0.1% | 2,151 | |||||||
| TOTAL NET ASSETS - 100.0% | $ | 1,547,538 | ||||||
| ^ U.S. Dollar-denominated foreign security. | ||||||||
(a) 7-day net yield. | ||||||||
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of Morgan Stanley Capital International, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P. Global Beta Advsiors LLC is licensed to use GICS sector classification through its licensed agreement with S&P. | ||||||||
