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        <valUSD>502174.47000000</valUSD>
        <pctVal>1.662216448910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vibra Energia Sa</name>
        <lei>549300U7VLJ3SYVNY689</lei>
        <title>Vibra Energia SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRVBBRACNOR1"/>
        </identifiers>
        <balance>179921.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.20240000"/>
        <valUSD>634966.47000000</valUSD>
        <pctVal>2.101762980783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rhb Bank Bhd</name>
        <lei>549300ZHRPSV7QIUJT80</lei>
        <title>RHB Bank Bhd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL1066OO009"/>
        </identifiers>
        <balance>468700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.47550000"/>
        <valUSD>601125.68000000</valUSD>
        <pctVal>1.989748688654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wipro Ltd</name>
        <lei>335800IFS1IJHESG8362</lei>
        <title>Wipro, Ltd.</title>
        <cusip>97651M109</cusip>
        <identifiers>
          <isin value="US97651M1099"/>
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        <balance>110197.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>552086.97000000</valUSD>
        <pctVal>1.827428707721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enel Chile Sa</name>
        <lei>549300YM5CWCAUVOPB53</lei>
        <title>Enel Chile SA</title>
        <cusip>29278D105</cusip>
        <identifiers>
          <isin value="US29278D1054"/>
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        <balance>430055.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>709590.75000000</valUSD>
        <pctVal>2.348772164073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="479267.25000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Multichoice Group</name>
        <lei>254900BVQQ7DFBMSVJ81</lei>
        <title>MultiChoice Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000265971"/>
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        <balance>77900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.12875000"/>
        <valUSD>525783.78000000</valUSD>
        <pctVal>1.740364156079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gudang Garam Tbk Pt</name>
        <lei>5299005TDQ8UGGR3AM31</lei>
        <title>Gudang Garam Tbk PT</title>
        <cusip>Y7121F165</cusip>
        <identifiers>
          <isin value="ID1000068604"/>
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        <balance>296300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14842.50000000"/>
        <valUSD>473620.85000000</valUSD>
        <pctVal>1.567702889031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pldt Inc</name>
        <lei>254900ADE8GQHM5P2648</lei>
        <title>PLDT, Inc.</title>
        <cusip>668566003</cusip>
        <identifiers>
          <isin value="PHY7072Q1032"/>
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        <balance>18135.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="56.15500000"/>
        <valUSD>542225.36000000</valUSD>
        <pctVal>1.794786406422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eregli Demir Ve Celik Fabrikalari Tas</name>
        <lei>789000VYQF5IDGG49908</lei>
        <title>Eregli Demir ve Celik Fabrikalari TAS</title>
        <cusip>B03MS9909</cusip>
        <identifiers>
          <isin value="TRAEREGL91G3"/>
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        <balance>323984.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="18.19175000"/>
        <valUSD>512554.29000000</valUSD>
        <pctVal>1.696574044868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Legend Holdings Corp</name>
        <lei>5299003ONUYCE70HZ185</lei>
        <title>Legend Holdings Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001ZT0"/>
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        <balance>525500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84870000"/>
        <valUSD>598566.64000000</valUSD>
        <pctVal>1.981278169670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Centrais Eletricas Brasileiras Sa</name>
        <lei>254900I8KYDELP4B4Z08</lei>
        <title>Centrais Eletricas Brasileiras SA</title>
        <cusip>15234Q207</cusip>
        <identifiers>
          <isin value="US15234Q2075"/>
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        <balance>76366.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>682712.04000000</valUSD>
        <pctVal>2.259802619510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="512029.56000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Powszechny Zaklad Ubezpieczen Sa</name>
        <lei>QLPCKOOKVX32FUELX240</lei>
        <title>Powszechny Zaklad Ubezpieczen SA</title>
        <cusip>X6919T107</cusip>
        <identifiers>
          <isin value="PLPZU0000011"/>
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        <balance>93724.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.70000000"/>
        <valUSD>561546.35000000</valUSD>
        <pctVal>1.858739612540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>X5 Retail Group Nv</name>
        <lei>213800J17UJJJDGUVF56</lei>
        <title>X5 Retail Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US98387E2054"/>
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        <balance>17785.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>177.85000000</valUSD>
        <pctVal>0.000588690212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petroleo Brasileiro Sa</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
        <cusip>268236908</cusip>
        <identifiers>
          <isin value="BRPETRACNOR9"/>
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        <balance>95221.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.20240000"/>
        <valUSD>680333.03000000</valUSD>
        <pctVal>2.251928006620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Orbia Advance Corp Sab De Cv</name>
        <lei>549300MVHZ20SBIOEQ79</lei>
        <title>Orbia Advance Corp. SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01OR010004"/>
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        <balance>248947.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.14650000"/>
        <valUSD>469806.91000000</valUSD>
        <pctVal>1.555078603684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tmbthanachart Bank Pcl</name>
        <lei>549300WKGLXEV3DB7I54</lei>
        <title>TMBThanachart Bank PCL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0068010Z07"/>
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        <balance>17191100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="36.46250000"/>
        <valUSD>598771.26000000</valUSD>
        <pctVal>1.981955469593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cencosud Sa</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>Cencosud SA</title>
        <cusip>B00R3L901</cusip>
        <identifiers>
          <isin value="CL0000000100"/>
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        <balance>394125.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="896.25000000"/>
        <valUSD>551005.44000000</valUSD>
        <pctVal>1.823848802602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bts Group Holdings Pcl</name>
        <lei>N/A</lei>
        <title>BTS Group Holdings PCL</title>
        <cusip>B74B7B905</cusip>
        <identifiers>
          <isin value="TH0221B10Z05"/>
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        <balance>2568500.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="36.46250000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>China Shenhua Energy Co Ltd</name>
        <lei>529900N9JOX4C108MA40</lei>
        <title>China Shenhua Energy Co., Ltd., Class H</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002R0"/>
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        <balance>181000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84870000"/>
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        <pctVal>1.885431425890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State Street Institutional Treasury Plus Money Market Fund</name>
        <lei>549300PNASLVKQG64331</lei>
        <title>State Street Institutional Treasury Plus Money Market Fund</title>
        <cusip>857492862</cusip>
        <identifiers>
          <isin value="US8574928623"/>
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        <balance>142789.19000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>142789.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <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>
        <name>Ptt Pcl</name>
        <lei>549300QOGMPTKB6W7G56</lei>
        <title>PTT PCL</title>
        <cusip>Y6883U105</cusip>
        <identifiers>
          <isin value="TH0646010Z00"/>
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        <balance>582200.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="36.46250000"/>
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        <pctVal>1.981937595389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander Chile</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>Banco Santander Chile</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CLP1506A1070"/>
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        <balance>13522824.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="896.25000000"/>
        <valUSD>543176.19000000</valUSD>
        <pctVal>1.797933689608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ternium Sa</name>
        <lei>529900QG4KU23TEI2E46</lei>
        <title>Ternium SA</title>
        <cusip>880890108</cusip>
        <identifiers>
          <isin value="US8808901081"/>
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        <balance>15761.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>485596.41000000</valUSD>
        <pctVal>1.607342444616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="184860.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bangkok Dusit Medical Services Pcl</name>
        <lei>N/A</lei>
        <title>Bangkok Dusit Medical Services PCL</title>
        <cusip>BLZGSL904</cusip>
        <identifiers>
          <isin value="TH0264A10Z04"/>
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        <balance>880300.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="36.46250000"/>
        <valUSD>706171.41000000</valUSD>
        <pctVal>2.337454019620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cez As</name>
        <lei>529900S5R9YHJHYKKG94</lei>
        <title>CEZ AS</title>
        <cusip>X2337V121</cusip>
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          <isin value="CZ0005112300"/>
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        <balance>12346.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="24.38830000"/>
        <valUSD>499645.40000000</valUSD>
        <pctVal>1.653845131757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Severstal Pao</name>
        <lei>213800OKDPTV6K4ONO53</lei>
        <title>Severstal PAO</title>
        <cusip>818150302</cusip>
        <identifiers>
          <isin value="US8181503025"/>
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        <balance>23283.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>232.83000000</valUSD>
        <pctVal>0.000770676087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huadian Power International Corp Ltd</name>
        <lei>529900207FCOKWBDRE79</lei>
        <title>Huadian Power International Corp., Ltd.</title>
        <cusip>614278901</cusip>
        <identifiers>
          <isin value="CNE1000003D8"/>
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        <balance>1798000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84870000"/>
        <valUSD>739936.55000000</valUSD>
        <pctVal>2.449217907393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="554919.14000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>El Puerto de Liverpool SAB de</name>
        <lei>4469000001BO4JEXZL32</lei>
        <title>El Puerto de Liverpool SAB de CV</title>
        <cusip>P36918137</cusip>
        <identifiers>
          <isin value="MXP369181377"/>
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        <balance>124490.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.14650000"/>
        <valUSD>555142.66000000</valUSD>
        <pctVal>1.837543156950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ford Otomotiv Sanayi As</name>
        <lei>7890006XJG6ZE2H34671</lei>
        <title>Ford Otomotiv Sanayi AS</title>
        <cusip>M7608S105</cusip>
        <identifiers>
          <isin value="TRAOTOSN91H6"/>
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        <balance>36224.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="18.19175000"/>
        <valUSD>660890.00000000</valUSD>
        <pctVal>2.187570843496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zoomlion Heavy Industry Science And Technology Co Ltd</name>
        <lei>529900QZ3EMAU0QKFK85</lei>
        <title>Zoomlion Heavy Industry Science and Technology Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000X85"/>
        </identifiers>
        <balance>1151600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84870000"/>
        <valUSD>520873.52000000</valUSD>
        <pctVal>1.724111010155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Globe Telecom Inc</name>
        <lei>254900GPWI1816YIM923</lei>
        <title>Globe Telecom, Inc.</title>
        <cusip>Y27257149</cusip>
        <identifiers>
          <isin value="PHY272571498"/>
        </identifiers>
        <balance>14050.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="56.15500000"/>
        <valUSD>524920.31000000</valUSD>
        <pctVal>1.737506037790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bim Birlesik Magazalar As</name>
        <lei>7890001GCDJQD8DJKE29</lei>
        <title>BIM Birlesik Magazalar AS</title>
        <cusip>B0D000905</cusip>
        <identifiers>
          <isin value="TREBIMM00018"/>
        </identifiers>
        <balance>132182.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="18.19175000"/>
        <valUSD>794904.88000000</valUSD>
        <pctVal>2.631165154323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Empresas Cmpc Sa</name>
        <lei>N/A</lei>
        <title>Empresas CMPC SA</title>
        <cusip>219601903</cusip>
        <identifiers>
          <isin value="CL0000001314"/>
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        <balance>364614.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="896.25000000"/>
        <valUSD>691596.99000000</valUSD>
        <pctVal>2.289212139348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engie Brasil Energia Sa</name>
        <lei>52990057Q0EK2Q9YBC07</lei>
        <title>Engie Brasil Energia SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BREGIEACNOR9"/>
        </identifiers>
        <balance>76600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.20240000"/>
        <valUSD>596320.93000000</valUSD>
        <pctVal>1.973844784812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>State Street Navigator Securities Lending Government Money Market Portfolio</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SECLEND"/>
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        <balance>0.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="2322810.25000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sime Darby Bhd</name>
        <lei>N/A</lei>
        <title>Sime Darby Bhd</title>
        <cusip>B29TTR903</cusip>
        <identifiers>
          <isin value="MYL4197OO009"/>
        </identifiers>
        <balance>1256900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.47550000"/>
        <valUSD>643123.90000000</valUSD>
        <pctVal>2.128764381963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kimberly-clark De Mexico Sab De Cv</name>
        <lei>549300JGHL56QT00KT54</lei>
        <title>Kimberly-Clark de Mexico SAB de CV</title>
        <cusip>249191008</cusip>
        <identifiers>
          <isin value="MXP606941179"/>
        </identifiers>
        <balance>435200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.14650000"/>
        <valUSD>589512.22000000</valUSD>
        <pctVal>1.951307697736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vodacom Group Ltd</name>
        <lei>37890012A8DC24B8D663</lei>
        <title>Vodacom Group, Ltd.</title>
        <cusip>B65B4D905</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
        </identifiers>
        <balance>73418.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.12875000"/>
        <valUSD>540709.67000000</valUSD>
        <pctVal>1.789769415316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mobile Telesystems Pjsc</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>Mobile TeleSystems PJSC</title>
        <cusip>607409109</cusip>
        <identifiers>
          <isin value="US6074091090"/>
        </identifiers>
        <balance>64600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>646.00000000</valUSD>
        <pctVal>0.002138284381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-09-30</ncom:dateSigned>
      <ncom:nameOfApplicant>ALPS ETF TRUST</ncom:nameOfApplicant>
      <ncom:signature>Kathryn Burns</ncom:signature>
      <ncom:signerName>Kathryn Burns</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
