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      <invstOrSec>
        <name>BlackRock Inc</name>
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      <invstOrSec>
        <name>Blackstone Inc</name>
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      <invstOrSec>
        <name>Boeing Co/The</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Booking Holdings Inc</name>
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        <name>Booz Allen Hamilton Holding Corp</name>
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        <name>Boston Scientific Corp</name>
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        <name>Bristol-Myers Squibb Co</name>
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        <name>Broadridge Financial Solutions Inc</name>
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        <name>Broadcom Inc</name>
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        <name>Burlington Stores Inc</name>
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        <name>Cboe Global Markets Inc</name>
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        <name>CBRE Group Inc</name>
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        <name>CF Industries Holdings Inc</name>
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        <name>Cigna Group/The</name>
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        <name>CMS Energy Corp</name>
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        <name>Cadence Design Systems Inc</name>
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        <name>CenterPoint Energy Inc</name>
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        <name>Charles River Laboratories International Inc</name>
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      <invstOrSec>
        <name>Chesapeake Energy Corp</name>
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        <name>Chevron Corp</name>
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      <invstOrSec>
        <name>Chipotle Mexican Grill Inc</name>
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        <name>Cisco Systems Inc</name>
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        <name>Cintas Corp</name>
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        <name>Citigroup Inc</name>
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        <name>Clorox Co/The</name>
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        <name>Coca-Cola Co/The</name>
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        <name>Colgate-Palmolive Co</name>
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        <name>Comcast Corp</name>
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        <name>ConocoPhillips</name>
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        <name>Constellation Brands Inc</name>
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        <name>Constellation Energy Corp</name>
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        <name>CubeSmart</name>
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        <name>Cummins Inc</name>
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        <name>Danaher Corp</name>
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        <name>Deere &amp; Co</name>
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        <name>Delta Air Lines Inc</name>
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        <name>Descartes Systems Group Inc/The</name>
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        <name>Devon Energy Corp</name>
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        <name>Dexcom Inc</name>
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        <name>Diamondback Energy Inc</name>
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        <name>Walt Disney Co/The</name>
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        <name>Discover Financial Services</name>
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        <name>Dominion Energy Inc</name>
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        <name>Domino s Pizza Inc</name>
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        <name>Dynatrace Inc</name>
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        <name>Entergy Corp</name>
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      <invstOrSec>
        <name>Equifax Inc</name>
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      <invstOrSec>
        <name>Equinix Inc</name>
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        <name>Equitable Holdings Inc</name>
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        <name>Esab Corp</name>
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        <name>Essex Property Trust Inc</name>
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        <name>Evergy Inc</name>
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        <name>Extra Space Storage Inc</name>
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        <name>FactSet Research Systems Inc</name>
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        <name>First Solar Inc</name>
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        <name>Franco-Nevada Corp</name>
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        <name>Freeport-McMoRan Inc</name>
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        <title>FREEPORT MCMORAN INC COMMON STOCK USD.1</title>
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        <name>Gartner Inc</name>
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      <invstOrSec>
        <name>GE Vernova Inc</name>
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        <name>General Dynamics Corp</name>
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      <invstOrSec>
        <name>General Electric Co</name>
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      <invstOrSec>
        <name>General Mills Inc</name>
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      <invstOrSec>
        <name>General Motors Co</name>
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        <name>Gilead Sciences Inc</name>
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        <name>Global Payments Inc</name>
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        <name>Goldman Sachs Group Inc/The</name>
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        <name>HCA Healthcare Inc</name>
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        <name>Halliburton Co</name>
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        <name>Hartford Financial Services Group Inc/The</name>
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        <name>Hess Corp</name>
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        <name>Hilton Worldwide Holdings Inc</name>
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        <name>Hologic Inc</name>
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        <name>Home Depot Inc/The</name>
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        <name>Honeywell International Inc</name>
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        <name>Hubbell Inc</name>
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        <name>Humana Inc</name>
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        <name>JB Hunt Transport Services Inc</name>
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        <name>Huntington Bancshares Inc/OH</name>
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        <name>Huntington Ingalls Industries Inc</name>
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        <name>IDEX Corp</name>
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      <invstOrSec>
        <name>IDEXX Laboratories Inc</name>
        <lei>OGMTXK0LUU1HKV2P0J84</lei>
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      <invstOrSec>
        <name>Ingersoll Rand Inc</name>
        <lei>5299004C02FMZCUOIR50</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Intel Corp</name>
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      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
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        <assetCat>EC</assetCat>
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        <name>International Business Machines Corp</name>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>International Paper Co</name>
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      <invstOrSec>
        <name>Intuit Inc</name>
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        <name>Intuitive Surgical Inc</name>
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        <name>IQVIA Holdings Inc</name>
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        <name>JPMorgan Chase &amp; Co</name>
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        <name>Johnson &amp; Johnson</name>
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        <name>KLA Corp</name>
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        <name>KKR &amp; Co Inc</name>
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        <name>Kellanova</name>
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        <name>Kenvue Inc</name>
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        <name>Keurig Dr Pepper Inc</name>
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        <name>Keysight Technologies Inc</name>
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        <name>Kimco Realty Corp</name>
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        <name>Kinder Morgan Inc</name>
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        <name>Kraft Heinz Co/The</name>
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        <name>L3Harris Technologies Inc</name>
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      <invstOrSec>
        <name>Lam Research Corp</name>
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      <invstOrSec>
        <name>Las Vegas Sands Corp</name>
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      <invstOrSec>
        <name>Lattice Semiconductor Corp</name>
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        <name>Estee Lauder Cos Inc/The</name>
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      <invstOrSec>
        <name>Eli Lilly &amp; Co</name>
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        <name>Lockheed Martin Corp</name>
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        <name>Lowe s Cos Inc</name>
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        <name>Lululemon Athletica Inc</name>
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        <name>MSCI Inc</name>
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        <name>Marsh &amp; McLennan Cos Inc</name>
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        <name>Molina Healthcare Inc</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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        <cusip>60855R100</cusip>
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      <invstOrSec>
        <name>Mondelez International Inc</name>
        <lei>549300DV9GIB88LZ5P30</lei>
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          <isin value="US6092071058"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Monolithic Power Systems Inc</name>
        <lei>529900TB7O85LSZ1XU31</lei>
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        <cusip>609839105</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Monster Beverage Corp</name>
        <lei>52990090AP0E7HCB6F33</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Moody s Corp</name>
        <lei>549300GCEDD8YCF5WU84</lei>
        <title>MOODY S CORP COMMON STOCK USD.01</title>
        <cusip>615369105</cusip>
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          <isin value="US6153691059"/>
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        <balance>3161.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MORGAN STANLEY COMMON STOCK USD.01</title>
        <cusip>617446448</cusip>
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          <isin value="US6174464486"/>
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        <balance>24175.000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mosaic Co/The</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>MOSAIC CO/THE COMMON STOCK USD.01</title>
        <cusip>61945C103</cusip>
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          <isin value="US61945C1036"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NVR Inc</name>
        <lei>529900RWXR4JI3JYTV70</lei>
        <title>NVR INC COMMON STOCK USD.01</title>
        <cusip>62944T105</cusip>
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          <isin value="US62944T1051"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Netflix Inc</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>NETFLIX INC COMMON STOCK USD.001</title>
        <cusip>64110L106</cusip>
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          <isin value="US64110L1061"/>
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        <balance>10899.000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NextEra Energy Inc</name>
        <lei>254900RHL9MEUS5NKX63</lei>
        <title>NEXTERA ENERGY INC COMMON STOCK USD.01</title>
        <cusip>65339F101</cusip>
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          <isin value="US65339F1012"/>
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        <balance>57794.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4885326.820000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NIKE Inc</name>
        <lei>787RXPR0UX0O0XUXPZ81</lei>
        <title>NIKE INC  CL B COMMON STOCK</title>
        <cusip>654106103</cusip>
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          <isin value="US6541061031"/>
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        <balance>8710.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>769964.000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NiSource Inc</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NISOURCE INC COMMON STOCK USD.01</title>
        <cusip>65473P105</cusip>
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          <isin value="US65473P1057"/>
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        <balance>5390.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186763.500000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Norfolk Southern Corp</name>
        <lei>54930036C8MWP850MI84</lei>
        <title>NORFOLK SOUTHERN CORP COMMON STOCK USD1.0</title>
        <cusip>655844108</cusip>
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        <balance>8098.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2012353.000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Northrop Grumman Corp</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>NORTHROP GRUMMAN CORP COMMON STOCK USD1.0</title>
        <cusip>666807102</cusip>
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          <isin value="US6668071029"/>
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        <balance>4861.000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Gen Digital Inc</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>GEN DIGITAL INC COMMON STOCK USD.01</title>
        <cusip>668771108</cusip>
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          <isin value="US6687711084"/>
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        <balance>63412.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1739391.160000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Novo Nordisk A/S</name>
        <lei>549300DAQ1CVT6CXN342</lei>
        <title>NOVO NORDISK A/S SPONS ADR ADR</title>
        <cusip>670100205</cusip>
        <identifiers>
          <isin value="US6701002056"/>
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        <balance>13719.000000</balance>
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        <valUSD>1633521.330000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DK</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NVIDIA Corp</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA CORP COMMON STOCK USD.001</title>
        <cusip>67066G104</cusip>
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        <balance>483450.000000</balance>
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        <invCountry>US</invCountry>
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        <name>O Reilly Automotive Inc</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O REILLY AUTOMOTIVE INC COMMON STOCK USD.01</title>
        <cusip>67103H107</cusip>
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        <name>Old Dominion Freight Line Inc</name>
        <lei>5299009TWK32WE417T96</lei>
        <title>OLD DOMINION FREIGHT LINE COMMON STOCK USD.1</title>
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        <balance>13549.000000</balance>
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        <name>ON Semiconductor Corp</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR COMMON STOCK USD.01</title>
        <cusip>682189105</cusip>
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        <name>Oracle Corp</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP COMMON STOCK USD.01</title>
        <cusip>68389X105</cusip>
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        <name>PG&amp;E Corp</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>P G + E CORP COMMON STOCK</title>
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        <name>PNC Financial Services Group Inc/The</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC FINANCIAL SERVICES GROUP COMMON STOCK USD5.0</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>PPL Corp</name>
        <lei>9N3UAJSNOUXFKQLF3V18</lei>
        <title>PPL CORP COMMON STOCK USD.01</title>
        <cusip>69351T106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Packaging Corp of America</name>
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        <name>Palo Alto Networks Inc</name>
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        <name>PepsiCo Inc</name>
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        <name>Pfizer Inc</name>
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        <name>Phillips 66</name>
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        <name>Popular Inc</name>
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        <name>Procter &amp; Gamble Co/The</name>
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        <name>Progressive Corp/The</name>
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        <name>Prologis Inc</name>
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        <name>Public Storage</name>
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        <name>Pure Storage Inc</name>
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        <name>QUALCOMM Inc</name>
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        <name>Quest Diagnostics Inc</name>
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        <name>Roper Technologies Inc</name>
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        <name>Ross Stores Inc</name>
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        <name>S&amp;P Global Inc</name>
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        <name>SBA Communications Corp</name>
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        <name>Saia Inc</name>
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        <name>Salesforce Inc</name>
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        <name>Sanofi SA</name>
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        <name>Schlumberger NV</name>
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        <name>Charles Schwab Corp/The</name>
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        <name>Sempra</name>
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        <name>ServiceNow Inc</name>
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        <name>Sherwin-Williams Co/The</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
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        <name>Shopify Inc</name>
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        <name>Simon Property Group Inc</name>
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        <name>SiteOne Landscape Supply Inc</name>
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        <name>Southern Co/The</name>
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        <name>Southwest Airlines Co</name>
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        <name>Stanley Black &amp; Decker Inc</name>
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        <name>Starbucks Corp</name>
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        <name>State Street Institutional US Government Money Market Fund</name>
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        <name>Stryker Corp</name>
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        <title>STRYKER CORP COMMON STOCK USD.1</title>
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        <name>TJX Cos Inc/The</name>
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      <invstOrSec>
        <name>Valero Energy Corp</name>
        <lei>549300XTO5VR8SKV1V74</lei>
        <title>VALERO ENERGY CORP COMMON STOCK USD.01</title>
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          <isin value="US91913Y1001"/>
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        <curCd>USD</curCd>
        <valUSD>720250.020000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Veralto Corp</name>
        <lei>635400FJE6GSOJUSNY27</lei>
        <title>VERALTO CORP COMMON STOCK USD.01</title>
        <cusip>92338C103</cusip>
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          <isin value="US92338C1036"/>
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        <balance>419.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46869.340000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC COMMON STOCK USD.1</title>
        <cusip>92343V104</cusip>
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          <isin value="US92343V1044"/>
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        <balance>15391.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Verisk Analytics Inc</name>
        <lei>549300I1YSWNIRKBWP67</lei>
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          <isin value="US92345Y1064"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vertex Pharmaceuticals Inc</name>
        <lei>54930015RAQRRZ5ZGJ91</lei>
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        <cusip>92532F100</cusip>
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          <isin value="US92532F1003"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vertiv Holdings Co</name>
        <lei>549300KTTIRAOGXCRV69</lei>
        <title>VERTIV HOLDINGS CO A COMMON STOCK USD.0001</title>
        <cusip>92537N108</cusip>
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          <isin value="US92537N1081"/>
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        <balance>5284.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525705.160000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Viatris Inc</name>
        <lei>254900ZZTSW7NL773X71</lei>
        <title>VIATRIS INC COMMON STOCK</title>
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          <isin value="US92556V1061"/>
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        <balance>12475.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Visa Inc</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC CLASS A SHARES COMMON STOCK USD.0001</title>
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          <isin value="US92826C8394"/>
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        <balance>38619.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vistra Corp</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>VISTRA CORP COMMON STOCK USD.01</title>
        <cusip>92840M102</cusip>
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          <isin value="US92840M1027"/>
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        <balance>6480.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Voya Financial Inc</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>VOYA FINANCIAL INC COMMON STOCK USD.01</title>
        <cusip>929089100</cusip>
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        <balance>21292.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vulcan Materials Co</name>
        <lei>549300Q8LSNHAVWBNI21</lei>
        <title>VULCAN MATERIALS CO COMMON STOCK USD1.0</title>
        <cusip>929160109</cusip>
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          <isin value="US9291601097"/>
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        <balance>5327.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1334040.610000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Walmart Inc</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WALMART INC COMMON STOCK USD.1</title>
        <cusip>931142103</cusip>
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        <balance>90785.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waste Connections Inc</name>
        <lei>549300HDLRTPBQU69P29</lei>
        <title>WASTE CONNECTIONS INC COMMON STOCK</title>
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        <balance>5826.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Waste Management Inc</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WASTE MANAGEMENT INC COMMON STOCK USD.01</title>
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        <name>Wells Fargo &amp; Co</name>
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        <name>Welltower Inc</name>
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        <name>West Fraser Timber Co Ltd</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <name>Western Alliance Bancorp</name>
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        <name>Western Digital Corp</name>
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        <name>Weyerhaeuser Co</name>
        <lei>08IRJODWFYBI7QWRGS31</lei>
        <title>WEYERHAEUSER CO REIT USD1.25</title>
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        <name>Wingstop Inc</name>
        <lei>549300SSH3F8HPIM3Q47</lei>
        <title>WINGSTOP INC COMMON STOCK USD.01</title>
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        <name>Workday Inc</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WORKDAY INC CLASS A COMMON STOCK USD.001</title>
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        <name>Wynn Resorts Ltd</name>
        <lei>254900CEKKWIHTEAB172</lei>
        <title>WYNN RESORTS LTD COMMON STOCK USD.01</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Xcel Energy Inc</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>XCEL ENERGY INC COMMON STOCK USD2.5</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xylem Inc/NY</name>
        <lei>549300DF5MV96DRYLQ48</lei>
        <title>XYLEM INC COMMON STOCK</title>
        <cusip>98419M100</cusip>
        <identifiers>
          <isin value="US98419M1009"/>
        </identifiers>
        <balance>1000.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>135030.000000</valUSD>
        <pctVal>0.0139769276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yum  Brands Inc</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>YUM  BRANDS INC COMMON STOCK</title>
        <cusip>988498101</cusip>
        <identifiers>
          <isin value="US9884981013"/>
        </identifiers>
        <balance>1240.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>173240.400000</valUSD>
        <pctVal>0.0179320782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zebra Technologies Corp</name>
        <lei>PO0I32GKZ3HZMMDPZZ08</lei>
        <title>ZEBRA TECHNOLOGIES CORP CL A COMMON STOCK USD.01</title>
        <cusip>989207105</cusip>
        <identifiers>
          <isin value="US9892071054"/>
        </identifiers>
        <balance>3846.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1424250.720000</valUSD>
        <pctVal>0.1474238995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zimmer Biomet Holdings Inc</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
        <title>ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>98956P102</cusip>
        <identifiers>
          <isin value="US98956P1021"/>
        </identifiers>
        <balance>17669.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1907368.550000</valUSD>
        <pctVal>0.1974313269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zoetis Inc</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>ZOETIS INC COMMON STOCK USD.01</title>
        <cusip>98978V103</cusip>
        <identifiers>
          <isin value="US98978V1035"/>
        </identifiers>
        <balance>4270.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>834272.600000</valUSD>
        <pctVal>0.0863553855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zscaler Inc</name>
        <lei>529900MZ0RTK1BWRNF46</lei>
        <title>ZSCALER INC COMMON STOCK USD.001</title>
        <cusip>98980G102</cusip>
        <identifiers>
          <isin value="US98980G1022"/>
        </identifiers>
        <balance>2200.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376068.000000</valUSD>
        <pctVal>0.0389267214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axis Capital Holdings Ltd</name>
        <lei>635400VD2NQBYAHMEM55</lei>
        <title>AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD.0125</title>
        <cusip>G0692U109</cusip>
        <identifiers>
          <isin value="BMG0692U1099"/>
        </identifiers>
        <balance>6281.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500030.410000</valUSD>
        <pctVal>0.0517580450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Accenture PLC</name>
        <lei>5493000EWHDSR3MZWH98</lei>
        <title>ACCENTURE PLC CL A COMMON STOCK USD.0000225</title>
        <cusip>G1151C101</cusip>
        <identifiers>
          <isin value="IE00B4BNMY34"/>
        </identifiers>
        <balance>17679.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6249172.920000</valUSD>
        <pctVal>0.6468506055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICON PLC</name>
        <lei>6354008SRQGEMC4XFI67</lei>
        <title>ICON PLC COMMON STOCK EUR.06</title>
        <cusip>G4705A100</cusip>
        <identifiers>
          <isin value="IE0005711209"/>
        </identifiers>
        <balance>2674.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>768266.940000</valUSD>
        <pctVal>0.0795231532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Johnson Controls International plc</name>
        <lei>549300XQ6S1GYKGBL205</lei>
        <title>JOHNSON CONTROLS INTERNATION COMMON STOCK USD.01</title>
        <cusip>G51502105</cusip>
        <identifiers>
          <isin value="IE00BY7QL619"/>
        </identifiers>
        <balance>10908.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>846569.880000</valUSD>
        <pctVal>0.0876282744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Linde PLC</name>
        <lei>5299003QR1WT0EF88V51</lei>
        <title>LINDE PLC COMMON STOCK</title>
        <cusip>G54950103</cusip>
        <identifiers>
          <isin value="IE000S9YS762"/>
        </identifiers>
        <balance>14119.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6732786.340000</valUSD>
        <pctVal>0.6969093313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medtronic PLC</name>
        <lei>549300GX3ZBSQWUXY261</lei>
        <title>MEDTRONIC PLC COMMON STOCK USD.1</title>
        <cusip>G5960L103</cusip>
        <identifiers>
          <isin value="IE00BTN1Y115"/>
        </identifiers>
        <balance>11242.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1012117.260000</valUSD>
        <pctVal>0.1047640497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aptiv PLC</name>
        <lei>254900HTTDFIJZ32GX53</lei>
        <title>APTIV PLC COMMON STOCK USD.01</title>
        <cusip>G6095L109</cusip>
        <identifiers>
          <isin value="JE00B783TY65"/>
        </identifiers>
        <balance>2780.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>200187.800000</valUSD>
        <pctVal>0.0207213981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Norwegian Cruise Line Holdings Ltd</name>
        <lei>N/A</lei>
        <title>NORWEGIAN CRUISE LINE HOLDIN COMMON STOCK USD.001</title>
        <cusip>G66721104</cusip>
        <identifiers>
          <isin value="BMG667211046"/>
        </identifiers>
        <balance>21348.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>437847.480000</valUSD>
        <pctVal>0.0453215027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RenaissanceRe Holdings Ltd</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RENAISSANCERE HOLDINGS LTD COMMON STOCK USD1.0</title>
        <cusip>G7496G103</cusip>
        <identifiers>
          <isin value="BMG7496G1033"/>
        </identifiers>
        <balance>5816.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1584278.400000</valUSD>
        <pctVal>0.1639883318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sensata Technologies Holding PLC</name>
        <lei>529900MS7KFYCY9MS037</lei>
        <title>SENSATA TECHNOLOGIES HOLDING COMMON STOCK EUR.01</title>
        <cusip>G8060N102</cusip>
        <identifiers>
          <isin value="GB00BFMBMT84"/>
        </identifiers>
        <balance>4692.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>168255.120000</valUSD>
        <pctVal>0.0174160529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TE Connectivity PLC</name>
        <lei>N/A</lei>
        <title>TE CONNECTIVITY PLC COMMON STOCK USD.01</title>
        <cusip>G87052109</cusip>
        <identifiers>
          <isin value="IE000IVNQZ81"/>
        </identifiers>
        <balance>15181.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2292179.190000</valUSD>
        <pctVal>0.2372629972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trane Technologies PLC</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>TRANE TECHNOLOGIES PLC COMMON STOCK USD1.0</title>
        <cusip>G8994E103</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
        </identifiers>
        <balance>3393.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1318960.890000</valUSD>
        <pctVal>0.1365253708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chubb Ltd</name>
        <lei>E0JAN6VLUDI1HITHT809</lei>
        <title>CHUBB LTD COMMON STOCK</title>
        <cusip>H1467J104</cusip>
        <identifiers>
          <isin value="CH0044328745"/>
        </identifiers>
        <balance>16205.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4673359.950000</valUSD>
        <pctVal>0.4837385286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spotify Technology SA</name>
        <lei>549300B4X0JHWV0DTD60</lei>
        <title>SPOTIFY TECHNOLOGY SA COMMON STOCK EUR.000625</title>
        <cusip>L8681T102</cusip>
        <identifiers>
          <isin value="LU1778762911"/>
        </identifiers>
        <balance>1600.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>589648.000000</valUSD>
        <pctVal>0.0610343434</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NXP Semiconductors NV</name>
        <lei>724500M9BY5293JDF951</lei>
        <title>NXP SEMICONDUCTORS NV COMMON STOCK</title>
        <cusip>N6596X109</cusip>
        <identifiers>
          <isin value="NL0009538784"/>
        </identifiers>
        <balance>818.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>196328.180000</valUSD>
        <pctVal>0.0203218896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Caribbean Cruises Ltd</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>ROYAL CARIBBEAN CRUISES LTD COMMON STOCK USD.01</title>
        <cusip>V7780T103</cusip>
        <identifiers>
          <isin value="LR0008862868"/>
        </identifiers>
        <balance>9988.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1771471.680000</valUSD>
        <pctVal>0.1833646698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</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>2024-11-08</ncom:dateSigned>
      <ncom:nameOfApplicant>T. Rowe Price Exchange-Traded Funds, Inc.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
