PORTFOLIO

OF

INVESTMENTS

Columbia

Emerging

Markets

Consumer

ETF

December

31,

2020

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

|

1

Common

Stocks

-

99

.7

%

Issuer

Shares

Value

($)

Brazil

-

4.5%

Lojas

Renner

SA

339,552‌

2,846,270‌

Petrobras

Distribuidora

SA

314,228‌

1,338,775‌

Raia

Drogasil

SA

495,125‌

2,386,880‌

Telefonica

Brasil

SA

189,710‌

1,698,339‌

Total

8,270,264‌

China

-

54.7%

Alibaba

Group

Holding

Ltd.

ADR

(a)

33,379‌

7,768,295‌

ANTA

Sports

Products

Ltd.

161,893‌

2,566,035‌

Autohome,

Inc.

ADR

10,383‌

1,034,355‌

Baidu,

Inc.

ADR

(a)

49,530‌

10,710,367‌

BYD

Co.

Ltd.

Class

H

111,366‌

2,918,495‌

China

Feihe

Ltd.

(b)

519,000‌

1,215,530‌

China

Mengniu

Dairy

Co.

Ltd.

(a)

494,678‌

2,985,734‌

China

Mobile

Ltd.

1,004,282‌

5,724,803‌

China

Resources

Beer

Holdings

Co.

Ltd.

247,499‌

2,279,052‌

China

Telecom

Corp.

Ltd.

Class

H

2,520,961‌

699,016‌

China

Tower

Corp.

Ltd.

Class

H

(b)

8,477,508‌

1,246,395‌

China

Unicom

Hong

Kong

Ltd.

1,056,103‌

606,106‌

Dongfeng

Motor

Group

Co.

Ltd.

Class

H

446,820‌

520,935‌

Geely

Automobile

Holdings

Ltd.

1,033,981‌

3,533,792‌

Guangzhou

Automobile

Group

Co.

Ltd.

Class

H

512,559‌

569,815‌

Haier

Smart

Home

Co.

Ltd.

Class

H

(a)

344,027‌

1,246,756‌

Hengan

International

Group

Co.

Ltd.

127,509‌

902,809‌

JD.com,

Inc.

ADR

(a)

107,619‌

9,459,710‌

JOYY,

Inc.

ADR

10,190‌

814,996‌

Meituan

Class

B

(a)

238,337‌

9,055,383‌

NetEase,

Inc.

ADR

72,808‌

6,972,822‌

New

Oriental

Education

&

Technology

Group,

Inc.

ADR

(a)

26,999‌

5,016,684‌

TAL

Education

Group

ADR

(a)

72,574‌

5,189,767‌

Tencent

Holdings

Ltd.

116,687‌

8,487,586‌

Tencent

Music

Entertainment

Group

ADR

(a)

75,537‌

1,453,332‌

Vipshop

Holdings

Ltd.

ADR

(a)

70,230‌

1,974,165‌

Want

Want

China

Holdings

Ltd.

1,132,841‌

819,624‌

Yum

China

Holdings,

Inc.

76,135‌

4,346,547‌

Zhongsheng

Group

Holdings

Ltd.

91,000‌

648,420‌

Total

100,767,326‌

India

-

11.9%

Hero

MotoCorp

Ltd.

45,214‌

1,924,461‌

Hindustan

Unilever

Ltd.

282,671‌

9,266,912‌

ITC

Ltd.

1,020,970‌

2,920,351‌

Maruti

Suzuki

India

Ltd.

45,662‌

4,780,457‌

Nestle

India

Ltd.

12,327‌

3,102,564‌

Total

21,994,745‌

Indonesia

-

2.0%

PT

Astra

International

Tbk

3,318,813‌

1,423,192‌

PT

Telkom

Indonesia

Persero

Tbk

7,796,209‌

1,836,687‌

PT

Unilever

Indonesia

Tbk

938,253‌

490,830‌

Total

3,750,709‌

Mexico

-

2.3%

Fomento

Economico

Mexicano

SAB

de

CV

Series

UBD

275,817‌

2,081,068‌

Wal-Mart

de

Mexico

SAB

de

CV

751,465‌

2,111,215‌

Total

4,192,283‌

Russia

-

4.0%

Magnit

PJSC

GDR

76,488‌

1,346,189‌

Mobile

TeleSystems

PJSC

ADR

91,208‌

816,312‌

X5

Retail

Group

NV

GDR

22,586‌

815,806‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

Yandex

NV

Class

A

(a)

64,237‌

4,469,610‌

Total

7,447,917‌

Saudi

Arabia

-

3.2%

Almarai

Co.

JSC

70,760‌

1,035,485‌

Saudi

Telecom

Co.

169,824‌

4,798,311‌

Total

5,833,796‌

South

Africa

-

3.0%

Shoprite

Holdings

Ltd.

258,001‌

2,459,034‌

Vodacom

Group

Ltd.

374,493‌

3,171,351‌

Total

5,630,385‌

Taiwan

-

10.8%

Chunghwa

Telecom

Co.

Ltd.

1,624,761‌

6,302,902‌

Hotai

Motor

Co.

Ltd.

152,703‌

3,494,484‌

President

Chain

Store

Corp.

242,375‌

2,298,845‌

Taiwan

Mobile

Co.

Ltd.

712,884‌

2,509,226‌

Uni-President

Enterprises

Corp.

2,189,528‌

5,259,917‌

Total

19,865,374‌

Thailand

-

2.5%

Advanced

Info

Service

PCL

251,900‌

1,479,786‌

CP

ALL

PCL

1,035,905‌

2,014,068‌

Thai

Beverage

PCL

2,009,344‌

1,117,442‌

Total

4,611,296‌

United

Arab

Emirates

-

0.8%

Emirates

Telecommunications

Group

Co.

PJSC

305,100‌

1,403,752‌

Total

Common

Stocks

(Cost:

$

150,747,226

)

183,767,847‌

Money

Market

Funds

-

0

.4

%

Issuer

Shares

Value

($)

Goldman

Sachs

Financial

Square

Funds

—

Treasury

Instruments

Fund,

Institutional

Shares,

0.006%

(c)

699,683‌

699,683‌

Total

Money

Market

Funds

(Cost:

$699,683)

699,683‌

Total

Investments

in

Securities

(Cost:

$151,446,909)

184,467,530‌

Other

Assets

&

Liabilities,

Net

(

163,474‌

)

Net

Assets

184,304,056‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

Emerging

Markets

Consumer

ETF

December

31,

2020

(Unaudited)

2

|

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,

2020,

the

total

value

of

these

securities

amounted

to

$2,461,925,

which

represents

1.34%

of

total

net

assets.

(c)

The

rate

shown

is

the

seven-day

current

annualized

yield

at

December

31,

2020.

Abbreviation

Legend

ADR

American

Depositary

Receipts

GDR

Global

Depositary

Receipts

PJSC

Private

Joint

Stock

Company

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

3QT279_03_K01_(02/21)

You

may

at

any

time

request,

free

of

charge,

to

receive

a

paper

copy

of

this

report

by

calling

800.345.6611.