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        <title>Invesco DB Precious Metals Fund</title>
        <cusip>46140H502</cusip>
        <identifiers>
          <isin value="US46140H5028"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>48888.00000000</valUSD>
        <pctVal>0.935345893055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Diversified Alternatives ETF</name>
        <lei>549300GLP0B3FPZDQT38</lei>
        <title>JPMorgan Diversified Alternatives ETF</title>
        <cusip>46641Q803</cusip>
        <identifiers>
          <isin value="US46641Q8033"/>
        </identifiers>
        <balance>22430.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>425272.80000000</valUSD>
        <pctVal>8.136499077655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="152037.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ProShares Hedge Replication ETF</name>
        <lei>ADUJ68TGZBVW30IQNE81</lei>
        <title>ProShares Hedge Replication ETF</title>
        <cusip>74347X294</cusip>
        <identifiers>
          <isin value="US74347X2945"/>
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        <balance>11390.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>484405.31000000</valUSD>
        <pctVal>9.267847268921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="217861.80000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIXIS NEW YORK BRANCH</name>
        <lei>KX1WK48MPD4Y2NCUIZ63</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Internal ID" value="200331020"/>
        </identifiers>
        <balance>477000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>477000.00000000</valUSD>
        <pctVal>9.126165745944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="KX1WK48MPD4Y2NCUIZ63" name="NATIXIS NEW YORK BRANCH"/>
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          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>0.01000000</repurchaseRt>
          <maturityDt>2020-04-01</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>374608.37250000</principalAmt>
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              <collateralVal>486540.27192700</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="477000.00000000" isCashCollateral="Y"/>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares Commodities Select Strategy ETF</name>
        <lei>549300C13U1N0KJIYQ73</lei>
        <title>iShares Commodities Select Strategy ETF</title>
        <cusip>46431W853</cusip>
        <identifiers>
          <isin value="US46431W8534"/>
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        <balance>5980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>134609.80000000</valUSD>
        <pctVal>2.575411626474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="109172.00000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares MSCI Global Agriculture Producers ETF</name>
        <lei>5493007BEZLYYQ7MPE91</lei>
        <title>iShares MSCI Global Agriculture Producers ETF</title>
        <cusip>464286350</cusip>
        <identifiers>
          <isin value="US4642863504"/>
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        <balance>3520.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>77545.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco DB Gold Fund</name>
        <lei>549300B1PZK1PO15FD11</lei>
        <title>Invesco DB Gold Fund</title>
        <cusip>46140H601</cusip>
        <identifiers>
          <isin value="US46140H6018"/>
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        <balance>7840.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>365344.00000000</valUSD>
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        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WisdomTree Managed Futures Strategy Fund</name>
        <lei>549300FCBI6VKNXMGC85</lei>
        <title>WisdomTree Managed Futures Strategy Fund</title>
        <cusip>97717W125</cusip>
        <identifiers>
          <isin value="US97717W1255"/>
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        <balance>14760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>535050.00000000</valUSD>
        <pctVal>10.23680289804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Short-Term Inflation-Protected Securities ETF</name>
        <lei>N/A</lei>
        <title>Vanguard Short-Term Inflation-Protected Securities ETF</title>
        <cusip>922020805</cusip>
        <identifiers>
          <isin value="US9220208055"/>
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        <balance>5410.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>263575.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Global ex-U.S. Real Estate ETF</name>
        <lei>N/A</lei>
        <title>Vanguard Global ex-U.S. Real Estate ETF</title>
        <cusip>922042676</cusip>
        <identifiers>
          <isin value="US9220426764"/>
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        <balance>4760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>204251.60000000</valUSD>
        <pctVal>3.907827998897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Long/Short ETF</name>
        <lei>549300NDKDNR4OQEWY67</lei>
        <title>JPMorgan Long/Short ETF</title>
        <cusip>46641Q811</cusip>
        <identifiers>
          <isin value="US46641Q8116"/>
        </identifiers>
        <balance>12530.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>229791.43000000</valUSD>
        <pctVal>4.396466828464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares TIPS Bond ETF</name>
        <lei>549300EHD1VQKMRQ0829</lei>
        <title>iShares TIPS Bond ETF</title>
        <cusip>464287176</cusip>
        <identifiers>
          <isin value="US4642871762"/>
        </identifiers>
        <balance>2340.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>275932.80000000</valUSD>
        <pctVal>5.279263034680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco DB Base Metals Fund</name>
        <lei>549300I8WTPB4O7RVF32</lei>
        <title>Invesco DB Base Metals Fund</title>
        <cusip>46140H700</cusip>
        <identifiers>
          <isin value="US46140H7008"/>
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        <balance>6150.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75952.50000000</valUSD>
        <pctVal>1.453155353917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco DB Silver Fund</name>
        <lei>549300QQYW4FIIEL0V75</lei>
        <title>Invesco DB Silver Fund</title>
        <cusip>46140H205</cusip>
        <identifiers>
          <isin value="US46140H2058"/>
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        <balance>970.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19623.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ProShares RAFI Long/Short</name>
        <lei>MU5RTZU4JPSH6WGI1T21</lei>
        <title>ProShares RAFI Long/Short</title>
        <cusip>74347X310</cusip>
        <identifiers>
          <isin value="US74347X3109"/>
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        <balance>8210.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>264238.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco DB G10 Currency Harvest Fund</name>
        <lei>549300GWDPLYBJ489E10</lei>
        <title>Invesco DB G10 Currency Harvest Fund</title>
        <cusip>46139B102</cusip>
        <identifiers>
          <isin value="US46139B1026"/>
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        <balance>20620.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>457260.87000000</valUSD>
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        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IQ Merger Arbitrage ETF</name>
        <lei>549300Q7XHADH3DHV187</lei>
        <title>IQ Merger Arbitrage ETF</title>
        <cusip>45409B800</cusip>
        <identifiers>
          <isin value="US45409B8000"/>
        </identifiers>
        <balance>16260.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>490076.40000000</valUSD>
        <pctVal>9.376348961374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="149646.00000000"/>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>EQ Advisors Trust</ncom:nameOfApplicant>
      <ncom:signature>Brian Walsh</ncom:signature>
      <ncom:signerName>Brian Walsh</ncom:signerName>
      <ncom:title>Chief Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
