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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CCN5"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01HQ7H972"/>
        </identifiers>
        <balance>27.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-177344.02000000</valUSD>
        <pctVal>-0.17813516075</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES U.S., INC.</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COCOA</issuerName>
                <issueTitle>COCOA</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="INTERNAL" value="COCOA1"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-07-16</expDate>
            <notionalAmt>2307104.02000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-177344.02000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE, INC.</name>
        <lei>5493008GFNDTXFPHWI47</lei>
        <title>WTI CRUDE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLM5"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00F9594W2"/>
        </identifiers>
        <balance>108.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>210009.39000000</valUSD>
        <pctVal>0.210946252639</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>NEW YORK MERCANTILE EXCHANGE, INC.</counterpartyName>
              <counterpartyLei>5493008GFNDTXFPHWI47</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE OIL</issuerName>
                <issueTitle>WTI CRUDE OIL</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="INTERNAL" value="WTICRUDEOIL"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-05-20</expDate>
            <notionalAmt>7452590.61000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>210009.39000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE FUTURES EUROPE</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>LOW SU GASOIL G</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="QSK5"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00KWXM9C0"/>
        </identifiers>
        <balance>138.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>104949.66000000</valUSD>
        <pctVal>0.105417845805</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES EUROPE</counterpartyName>
              <counterpartyLei>549300UF4R84F48NCH34</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LOW SULPHUR GAS OIL</issuerName>
                <issueTitle>LOW SULPHUR GAS OIL</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="INTERNAL" value="LOWSULPHURGASOIL"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-05-12</expDate>
            <notionalAmt>9306650.34000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>104949.66000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <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>2025-05-23</ncom:dateSigned>
      <ncom:nameOfApplicant>FIRST TRUST EXCHANGE-TRADED FUND VII</ncom:nameOfApplicant>
      <ncom:signature>Derek Maltbie</ncom:signature>
      <ncom:signerName>Derek Maltbie</ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
