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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>L'OREAL SA</name>
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      <invstOrSec>
        <name>SK HYNIX INC</name>
        <lei>988400XAIK6XISWQV045</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SPOTIFY TECHNOLOGY SA</name>
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          <isin value="LU1778762911"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ASML HOLDING NV</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>EXAIL TECHNOLOGIES SA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CONTEMPORARY AMPEREX TECHNOLOGY CO LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NVIDIA CORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WISE GROUP PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MODERNA INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HERMES INTERNATIONAL SA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TENCENT HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MEITUAN LLC</name>
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        <name>FERRARI NV</name>
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        <name>NU HOLDINGS LTD</name>
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        <name>COUPANG INC</name>
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        <name>SEA LTD</name>
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        <name>BYD COMPANY LTD</name>
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        <name>MERCADOLIBRE INC</name>
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        <name>ATLAS COPCO AB</name>
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        <currencyConditional curCd="SEK" exchangeRt="9.69635000"/>
        <valUSD>631667.79000000</valUSD>
        <pctVal>0.639513253862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADYEN NV</name>
        <lei>724500973ODKK3IFQ447</lei>
        <title>ADYEN NV EUR0.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0012969182"/>
          <ticker value="ADYEN"/>
          <other otherDesc="SEDOL" value="BZ1HM42"/>
        </identifiers>
        <balance>4021.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
        <valUSD>3769241.33000000</valUSD>
        <pctVal>3.816056201856</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>
    </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>2026-08-21</ncom:dateSigned>
      <ncom:nameOfApplicant>Baillie Gifford ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Lindsay Cockburn</ncom:signature>
      <ncom:signerName>Lindsay Cockburn</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
