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        <title>East Japan Railway Co. NPV</title>
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      <invstOrSec>
        <name>Sumitomo Metal Mining Co Ltd.</name>
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          <isin value="JP3402600005"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Daito Trust Construction Co Ltd.</name>
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        <title>Daito Trust Construction Co Ltd. NPV</title>
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          <isin value="JP3486800000"/>
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      <invstOrSec>
        <name>JFE Holdings, Inc.</name>
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          <isin value="JP3386030005"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Suntory Beverage &amp; Food Ltd</name>
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        <title>Suntory Beverage &amp; Food Ltd NPV</title>
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          <isin value="JP3336560002"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Renesas Electronics Corp.</name>
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          <isin value="JP3164720009"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Kubota Corporation</name>
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        <title>Kubota Corporation NPV</title>
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          <isin value="JP3266400005"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Sanrio Co., Ltd</name>
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        <title>Sanrio Co., Ltd NPV</title>
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          <isin value="JP3343200006"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dai Nippon Printing Co Ltd.</name>
        <lei>529900S7NFNQ4FT6OP83</lei>
        <title>Dai Nippon Printing Co Ltd. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3493800001"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eneos Holdings Inc</name>
        <lei>3538001KQ5SAOZSQTT44</lei>
        <title>Eneos Holdings Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3386450005"/>
          <ticker value="5020"/>
          <other otherDesc="SEDOL" value="B627LW9"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sysmex Corp.</name>
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        <title>Sysmex Corp. NPV</title>
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          <isin value="JP3351100007"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Seibu Holdings Inc</name>
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        <title>Seibu Holdings Inc NPV</title>
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          <isin value="JP3417200007"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Tisi Inc.</name>
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          <isin value="JP3104890003"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Asahi Group Holdings Ltd</name>
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        <invCountry>JP</invCountry>
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        <name>Nippon Yusen Kabushiki Kaisha</name>
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        <invCountry>JP</invCountry>
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        <name>Tokio Marine Holdings Inc.</name>
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        <name>Sony Financial Group Inc.</name>
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        <name>ANA Holdings Inc.</name>
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        <title>ANA Holdings Inc. NPV</title>
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        <name>Shiseido Co Ltd.</name>
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        <name>Daiichi Life Group Inc.</name>
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        <name>Tokyo Gas Co Ltd</name>
        <lei>353800678EIJLOQSWZ83</lei>
        <title>Tokyo Gas Co Ltd NPV</title>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>FUJIFILM Holdings Corp.</name>
        <lei>529900UBKMFM0ST6H474</lei>
        <title>FUJIFILM Holdings Corp. NPV</title>
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        <identifiers>
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      </invstOrSec>
      <invstOrSec>
        <name>Aisin Corp.</name>
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        <title>Aisin Corp. NPV</title>
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          <isin value="JP3102000001"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Otsuka Corp.</name>
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        <title>Otsuka Corp. NPV</title>
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          <isin value="JP3188200004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>KYOCERA Corp.</name>
        <lei>N/A</lei>
        <title>KYOCERA Corp. NPV</title>
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          <isin value="JP3249600002"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SMC Corp.</name>
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        <title>SMC Corp. NPV</title>
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          <isin value="JP3162600005"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aeon Co Ltd.</name>
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        <title>Aeon Co Ltd. NPV</title>
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          <isin value="JP3388200002"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Subaru Corp.</name>
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        <title>Subaru Corp. NPV</title>
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          <isin value="JP3814800003"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DISCO Corp.</name>
        <lei>N/A</lei>
        <title>DISCO Corp. NPV</title>
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          <isin value="JP3548600000"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp Japan</name>
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        <title>Oracle Corp Japan NPV</title>
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          <isin value="JP3689500001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>OBIC Co Ltd.</name>
        <lei>N/A</lei>
        <title>OBIC Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3173400007"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Isuzu Motors Ltd.</name>
        <lei>529900C0QSXVCC7AR494</lei>
        <title>Isuzu Motors Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3137200006"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Taisei Corp.</name>
        <lei>529900TF7XJKIOWMLQ79</lei>
        <title>Taisei Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3443600006"/>
          <ticker value="1801"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ebara Corp.</name>
        <lei>353800UV8U3SOMCDTI49</lei>
        <title>Ebara Corp. NPV</title>
        <cusip>000000000</cusip>
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          <isin value="JP3166000004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Toho Co Ltd.</name>
        <lei>529900IYHHYWU4O3H185</lei>
        <title>Toho Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3598600009"/>
          <ticker value="9602"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fuji Electric Co., Ltd.</name>
        <lei>5299000HVNGZZTYYM906</lei>
        <title>Fuji Electric Co., Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3820000002"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ORIX Corp.</name>
        <lei>35380016EMHNBOVYE123</lei>
        <title>ORIX Corp. NPV</title>
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          <isin value="JP3200450009"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daiichi Sankyo Co Ltd.</name>
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        <title>Daiichi Sankyo Co Ltd. NPV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>NEC Corp.</name>
        <lei>5493000QYMPFRTEY4K28</lei>
        <title>NEC Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3733000008"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Softbank Group Corp.</name>
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        <title>Softbank Group Corp. NPV</title>
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        <identifiers>
          <isin value="JP3436100006"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Osaka Gas Co Ltd</name>
        <lei>353800024KMNOPQRWZ02</lei>
        <title>Osaka Gas Co Ltd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3180400008"/>
          <ticker value="9532"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Resona Holdings Inc.</name>
        <lei>52990067JE75XZCYYT81</lei>
        <title>Resona Holdings Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3500610005"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Realty &amp; Development Co Ltd.</name>
        <lei>353800SO2DCLOI3LNZ64</lei>
        <title>Sumitomo Realty &amp; Development Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3409000001"/>
          <ticker value="8830"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capcom Co Ltd.</name>
        <lei>529900JJWQKXS3TC8744</lei>
        <title>Capcom Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3218900003"/>
          <ticker value="9697"/>
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        <name>AGC Inc.</name>
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        <name>Toyota Motor Corp.</name>
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        <name>ZOZO Inc.</name>
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        <name>Ibiden Co Ltd.</name>
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        <name>Mitsubishi Corp.</name>
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        <name>Mitsubishi Chemical Group Corp.</name>
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        <name>Marubeni Corp.</name>
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        <name>Tokyu Corp</name>
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        <name>Honda Motor Co Ltd.</name>
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        <name>Daikin Industries Ltd.</name>
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        <name>Shimadzu Corporation</name>
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        <name>Bandai Namco Holdings Inc.</name>
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        <name>Nomura Holdings Inc.</name>
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        <name>Denso Corp.</name>
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        <name>Lasertec Corp.</name>
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      <invstOrSec>
        <name>Shimizu Corp.</name>
        <lei>353800BRAE0QFP3ZLY22</lei>
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        <identifiers>
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      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group Inc.</name>
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      <invstOrSec>
        <name>Nomura Research Institute Ltd</name>
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      <invstOrSec>
        <name>Kyowa Kirin Co Ltd.</name>
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        <name>SBI Holdings Inc</name>
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          <isin value="JP3436120004"/>
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      <invstOrSec>
        <name>Screen Holdings Co Ltd.</name>
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          <isin value="JP3494600004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sompo Holdings Inc.</name>
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          <isin value="JP3165000005"/>
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      <invstOrSec>
        <name>Eisai Co Ltd.</name>
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          <isin value="JP3160400002"/>
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      <invstOrSec>
        <name>Kioxia Holdings Corp.</name>
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          <isin value="JP3236330001"/>
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      <invstOrSec>
        <name>Toyota Industries Corp.</name>
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          <isin value="JP3634600005"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Konami Group Corp.</name>
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          <isin value="JP3300200007"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mitsubishi Estate Co Ltd</name>
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          <isin value="JP3899600005"/>
          <ticker value="8802"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HOYA Corp.</name>
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        <title>HOYA Corp. NPV</title>
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          <isin value="JP3837800006"/>
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      <invstOrSec>
        <name>Mitsui &amp; Co Ltd.</name>
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        <name>Japan Post Bank Co Ltd.</name>
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        <name>Japan Airlines Co Ltd.</name>
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        <name>Sekisui House Ltd</name>
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        <name>Chubu Electric Power Co Inc.</name>
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        <name>SoftBank Corp</name>
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      <invstOrSec>
        <name>Terumo Corp.</name>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group Inc. NPV</title>
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        <identifiers>
          <isin value="JP3890350006"/>
          <ticker value="8316"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kansai Electric Power Co Inc</name>
        <lei>353800PFUKP5ONPJNZ86</lei>
        <title>Kansai Electric Power Co Inc NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3228600007"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Keyence Corp.</name>
        <lei>529900M7PQBS7A89DZ11</lei>
        <title>Keyence Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
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      <invstOrSec>
        <name>Kirin Holdings Co Ltd</name>
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      <invstOrSec>
        <name>Fujitsu Ltd.</name>
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      <invstOrSec>
        <name>Tokyo Electron Ltd.</name>
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        <name>Sony Group Corp.</name>
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          <isin value="JP3435000009"/>
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      <invstOrSec>
        <name>Hulic Co Ltd.</name>
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          <isin value="JP3360800001"/>
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      <invstOrSec>
        <name>Shin-Etsu Chemical Co Ltd.</name>
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          <isin value="JP3371200001"/>
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      <invstOrSec>
        <name>Nintendo Co Ltd.</name>
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          <isin value="JP3756600007"/>
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        <name>Japan Tobacco Inc</name>
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        <title>Japan Tobacco Inc NPV</title>
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          <isin value="JP3726800000"/>
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      <invstOrSec>
        <name>Makita Corp.</name>
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          <isin value="JP3862400003"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Fujikura Ltd.</name>
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          <isin value="JP3811000003"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Daiwa House Industry Co Ltd.</name>
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      <invstOrSec>
        <name>Asahi Kasei Corp.</name>
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        <name>Chiba Bank Ltd.</name>
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        <name>Komatsu Ltd.</name>
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        <name>Ryohin Keikaku Co Ltd.</name>
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        <name>Kawasaki Kisen Kaisha Ltd.</name>
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        <name>Japan Post Insurance Co Ltd.</name>
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        <name>Mitsui Fudosan Co Ltd.</name>
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        <name>Fast Retailing Co Ltd.</name>
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        <name>Ajinomoto Co Inc.</name>
        <lei>353800UT0TLROREPIC92</lei>
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        <invCountry>JP</invCountry>
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        <name>Seven &amp; i Holdings Co Ltd.</name>
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        <title>Seven &amp; i Holdings Co Ltd. NPV</title>
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        <identifiers>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
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      <invstOrSec>
        <name>Kikkoman Corp</name>
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      <invstOrSec>
        <name>Yokohama Financial Group Inc.</name>
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      <invstOrSec>
        <name>Toray Industries Inc.</name>
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          <isin value="JP3621000003"/>
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      <invstOrSec>
        <name>T&amp;D Holdings Inc.</name>
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          <isin value="JP3539220008"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Bridgestone Corp.</name>
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          <isin value="JP3830800003"/>
          <ticker value="5108"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <name>GOLDMAN SACHS FINANCIAL SQUARE FUNDS PRIME OBLIGATIONS FUND</name>
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        <identifiers>
          <ticker value="FGTXX"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Olympus Corp.</name>
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        <title>Olympus Corp. NPV</title>
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          <isin value="JP3201200007"/>
          <ticker value="7733"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chugai Pharmaceutical Co Ltd.</name>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3519400000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Canon Inc.</name>
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        <title>Canon Inc. NPV</title>
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          <isin value="JP3242800005"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sumitomo Corp.</name>
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        <title>Sumitomo Corp. NPV</title>
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          <isin value="JP3404600003"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NTT Inc.</name>
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          <isin value="JP3735400008"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Daifuku Co Ltd.</name>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Sumitomo Mitsui Trust Group Inc.</name>
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          <isin value="JP3892100003"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Matsukiyococokara &amp; Co.</name>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Sekisui Chemical Co Ltd.</name>
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          <isin value="JP3419400001"/>
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      <invstOrSec>
        <name>Nidec Corp.</name>
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        <title>Nidec Corp. NPV</title>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Sumitomo Electric Industries Ltd.</name>
        <lei>5493005SP87FL5TOS202</lei>
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        <identifiers>
          <isin value="JP3407400005"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>LY Corporation</name>
        <lei>52990078MD2OL792YM35</lei>
        <title>LY Corporation NPV</title>
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          <isin value="JP3933800009"/>
          <ticker value="4689"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Japan Post Holdings Co Ltd.</name>
        <lei>5299003D9N4JBS256X18</lei>
        <title>Japan Post Holdings Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3752900005"/>
          <ticker value="6178"/>
          <other otherDesc="SEDOL" value="BYT8143"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kajima Corp.</name>
        <lei>N/A</lei>
        <title>Kajima Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3210200006"/>
          <ticker value="1812"/>
          <other otherDesc="SEDOL" value="6481320"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Idemitsu Kosan Co.,Ltd.</name>
        <lei>549300P0R46FF6DUA630</lei>
        <title>Idemitsu Kosan Co.,Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3142500002"/>
          <ticker value="5019"/>
          <other otherDesc="SEDOL" value="B1FF8P7"/>
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        <balance>110192.00000000</balance>
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      <invstOrSec>
        <name>Hankyu Hanshin Holdings Inc.</name>
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        <name>Hikari Tsushin Inc</name>
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        <name>Suzuki Motor Corp.</name>
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        <name>Zensho Holdings Co., Ltd.</name>
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        <name>Astellas Pharma Inc.</name>
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        <name>Mitsubishi HC Capital Inc.</name>
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        <name>Advantest Corp.</name>
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        <name>Japan Exchange Group Inc</name>
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        <name>Otsuka Holdings Co Ltd.</name>
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        <name>Secom Co Ltd</name>
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        <name>Nippon Steel Corp.</name>
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        <name>Yamaha Motor Co Ltd.</name>
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        <name>Inpex Corp.</name>
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        <name>Shionogi &amp; Co Ltd.</name>
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        <name>Nitto Denko Corp.</name>
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        <name>Hitachi Ltd.</name>
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        <title>Hitachi Ltd. NPV</title>
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        <name>Panasonic Holdings Corp.</name>
        <lei>254900GE1G59KGWPHX32</lei>
        <title>Panasonic Holdings Corp. NPV</title>
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        <name>Obayashi Corp.</name>
        <lei>529900YT4O5S0LCXWD54</lei>
        <title>Obayashi Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3190000004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Monotaro CoLtd</name>
        <lei>5299005JUER5ANXWTC33</lei>
        <title>Monotaro CoLtd NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3922950005"/>
          <ticker value="3064"/>
          <other otherDesc="SEDOL" value="B1GHR88"/>
        </identifiers>
        <balance>21278.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>283547.66000000</valUSD>
        <pctVal>0.329691751592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITOCHU Corp.</name>
        <lei>J48DJYXDTLHM30UMYI18</lei>
        <title>ITOCHU Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3143600009"/>
          <ticker value="8001"/>
          <other otherDesc="SEDOL" value="6467803"/>
        </identifiers>
        <balance>85765.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>1246991.51000000</valUSD>
        <pctVal>1.449924909104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Securities Group Inc.</name>
        <lei>353800WRC7Y23PWFJG38</lei>
        <title>Daiwa Securities Group Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3502200003"/>
          <ticker value="8601"/>
          <other otherDesc="SEDOL" value="6251448"/>
        </identifiers>
        <balance>15036.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>158522.06000000</valUSD>
        <pctVal>0.184319685894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsuruha Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Tsuruha Holdings Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3536150000"/>
          <ticker value="3391"/>
          <other otherDesc="SEDOL" value="B0MKZN5"/>
        </identifiers>
        <balance>8300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>139551.64000000</valUSD>
        <pctVal>0.162262050158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyota Tsusho Corp.</name>
        <lei>549300CEE2ENIUJNXB84</lei>
        <title>Toyota Tsusho Corp. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3635000007"/>
          <ticker value="8015"/>
          <other otherDesc="SEDOL" value="6900580"/>
        </identifiers>
        <balance>24386.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>1091493.15000000</valUSD>
        <pctVal>1.269120995299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asics Corp</name>
        <lei>3538002LJMRZ83SU0B85</lei>
        <title>Asics Corp NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3118000003"/>
          <ticker value="7936"/>
          <other otherDesc="SEDOL" value="6057378"/>
        </identifiers>
        <balance>17700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>543499.12000000</valUSD>
        <pctVal>0.631947295426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takeda Pharmaceutical Co Ltd.</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>Takeda Pharmaceutical Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3463000004"/>
          <ticker value="4502"/>
          <other otherDesc="SEDOL" value="6870445"/>
        </identifiers>
        <balance>23104.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>861118.82000000</valUSD>
        <pctVal>1.001255916182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Murata Manufacturing Co Ltd.</name>
        <lei>529900QZG6DL8ZRI7140</lei>
        <title>Murata Manufacturing Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3914400001"/>
          <ticker value="6981"/>
          <other otherDesc="SEDOL" value="6610403"/>
        </identifiers>
        <balance>21886.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>575869.90000000</valUSD>
        <pctVal>0.669586044265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Japan Railway Co.</name>
        <lei>353800YAR3OVUITHTG64</lei>
        <title>Central Japan Railway Co. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3566800003"/>
          <ticker value="9022"/>
          <other otherDesc="SEDOL" value="6183552"/>
        </identifiers>
        <balance>6229.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>183847.76000000</valUSD>
        <pctVal>0.213766849709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>West Japan Railway Co.</name>
        <lei>353800QGUXHZ7EBCR121</lei>
        <title>West Japan Railway Co. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3659000008"/>
          <ticker value="9021"/>
          <other otherDesc="SEDOL" value="6957995"/>
        </identifiers>
        <balance>11248.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>241638.38000000</valUSD>
        <pctVal>0.280962222555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Heavy Industries Ltd.</name>
        <lei>353800TJ98PCAZROVE69</lei>
        <title>Mitsubishi Heavy Industries Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3900000005"/>
          <ticker value="7011"/>
          <other otherDesc="SEDOL" value="6597067"/>
        </identifiers>
        <balance>52381.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>1682231.12000000</valUSD>
        <pctVal>1.955994715440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Building Fund Inc.</name>
        <lei>52990053R8NL2MB32172</lei>
        <title>Nippon Building Fund Inc. REIT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3027670003"/>
          <ticker value="8951"/>
          <other otherDesc="SEDOL" value="6396800"/>
        </identifiers>
        <balance>207.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>192647.56000000</valUSD>
        <pctVal>0.223998715053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nexon Co Ltd.</name>
        <lei>5299005SFO0GAJFLKN43</lei>
        <title>Nexon Co Ltd. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3758190007"/>
          <ticker value="3659"/>
          <other otherDesc="SEDOL" value="B63QM77"/>
        </identifiers>
        <balance>4100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>87212.81000000</valUSD>
        <pctVal>0.101405682875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rakuten Group Inc.</name>
        <lei>529900IMXUCQKUL1H943</lei>
        <title>Rakuten Group Inc. NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3967200001"/>
          <ticker value="4755"/>
          <other otherDesc="SEDOL" value="6229597"/>
        </identifiers>
        <balance>48800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.12500000"/>
        <valUSD>258839.26000000</valUSD>
        <pctVal>0.300962346189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Allison Frachiolla</ncom:signature>
      <ncom:signerName>Allison Frachiolla</ncom:signerName>
      <ncom:title>Vice President Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
