PORTFOLIO

OF

INVESTMENTS

Columbia

EM

Core

ex-China

ETF

December

31,

2021

(Unaudited)

(Percentages

represent

value

of

investments

compared

to

net

assets)

Investments

in

Securities

|

1

Common

Stocks

-

91.5%

Issuer

Shares

Value

($)

Brazil

-

4.1%

B3

SA

-

Brasil

Bolsa

Balcao

125,786‌

251,572‌

Banco

BTG

Pactual

SA

43,444‌

163,792‌

Banco

do

Brasil

SA

38,094‌

197,309‌

Banco

Santander

Brasil

SA

42,145‌

226,842‌

Cia

Siderurgica

Nacional

SA

15,052‌

67,531‌

Cyrela

Brazil

Realty

SA

Empreendimentos

e

Participacoes

42,245‌

119,682‌

Embraer

SA

(a)

22,300‌

99,369‌

Locaweb

Servicos

de

Internet

SA

(a),(b)

21,853‌

51,631‌

Magazine

Luiza

SA

85,585‌

110,938‌

Natura

&

Co.

Holding

SA

(a)

14,741‌

67,300‌

Notre

Dame

Intermedica

Participacoes

SA

6,640‌

71,943‌

Suzano

SA

(a)

11,420‌

123,242‌

Vale

SA

61,851‌

865,692‌

XP,

Inc.

BDR

(a)

3,006‌

86,613‌

Total

2,503,456‌

Chile

-

0.5%

Cia

Cervecerias

Unidas

SA

15,851‌

128,929‌

Empresas

COPEC

SA

24,666‌

190,669‌

Total

319,598‌

China

-

0.3%

Silergy

Corp.

1,084‌

196,881‌

Colombia

-

0.4%

Grupo

de

Inversiones

Suramericana

SA

30,047‌

221,477‌

Denmark

-

0.4%

Ascendis

Pharma

A/S

ADR

(a)

1,897‌

255,203‌

India

-

17.8%

Adani

Enterprises

Ltd.

6,569‌

151,063‌

Adani

Green

Energy

Ltd.

(a)

5,734‌

102,611‌

Adani

Ports

&

Special

Economic

Zone

Ltd.

19,452‌

191,103‌

Axis

Bank

Ltd.

(a)

41,305‌

377,040‌

Bharti

Airtel

Ltd.

(a)

31,830‌

292,798‌

Cipla

Ltd.

9,417‌

119,601‌

HCL

Technologies

Ltd.

14,328‌

254,253‌

HDFC

Bank

Ltd.

ADR

20,485‌

1,332,959‌

Housing

Development

Finance

Corp.

Ltd.

23,593‌

820,900‌

ICICI

Bank

Ltd.

ADR

61,303‌

1,213,186‌

IndusInd

Bank

Ltd.

9,154‌

109,370‌

Infosys

Ltd.

ADR

59,360‌

1,502,402‌

ITC

Ltd.

100,350‌

294,358‌

JSW

Steel

Ltd.

11,469‌

101,204‌

Kotak

Mahindra

Bank

Ltd.

16,651‌

402,322‌

Larsen

&

Toubro

Ltd.

14,068‌

358,799‌

Laurus

Labs

Ltd.

(b)

12,808‌

92,852‌

Mahindra

&

Mahindra

Ltd.

15,960‌

179,738‌

Reliance

Industries

Ltd.

GDR

(b)

17,901‌

1,144,769‌

SBI

Cards

&

Payment

Services

Ltd.

(a)

8,084‌

100,936‌

State

Bank

of

India

GDR

5,314‌

327,874‌

Sun

Pharmaceutical

Industries

Ltd.

15,433‌

175,578‌

Tata

Motors

Ltd.

ADR

(a)

11,460‌

367,751‌

Tata

Steel

Ltd.

10,937‌

163,528‌

UPL

Ltd.

8,675‌

87,187‌

Vedanta

Ltd.

ADR

14,505‌

266,312‌

Wipro

Ltd.

22,868‌

220,064‌

Total

10,750,558‌

Indonesia

-

2.5%

PT

Astra

International

Tbk

444,769‌

177,877‌

PT

Bank

Central

Asia

Tbk

1,407,956‌

721,142‌

PT

Bank

Mandiri

Persero

Tbk

680,996‌

335,660‌

Common

Stocks

(continued)

Issuer

Shares

Value

($)

PT

Telkom

Indonesia

Persero

Tbk

973,618‌

275,981‌

Total

1,510,660‌

Malaysia

-

3.0%

Dialog

Group

Bhd

349,424‌

219,753‌

IHH

Healthcare

Bhd

257,714‌

454,062‌

Petronas

Dagangan

Bhd

72,848‌

360,218‌

Tenaga

Nasional

Bhd

310,876‌

696,971‌

Top

Glove

Corp.

Bhd

117,900‌

73,298‌

Total

1,804,302‌

Mexico

-

3.3%

Cemex

SAB

de

CV

Series

CPO

(a)

256,789‌

175,542‌

Controladora

Vuela

Cia

de

Aviacion

SAB

de

CV

Class

A

(a)

62,447‌

112,109‌

Fomento

Economico

Mexicano

SAB

de

CV

Series

UBD

20,527‌

159,803‌

Grupo

Bimbo

SAB

de

CV

Series

A

136,000‌

418,467‌

Grupo

Mexico

SAB

de

CV

Series

B

92,807‌

404,922‌

Grupo

Televisa

SAB

Series

CPO

39,526‌

74,455‌

Wal-Mart

de

Mexico

SAB

de

CV

169,713‌

631,002‌

Total

1,976,300‌

Philippines

-

0.9%

Manila

Electric

Co.

33,770‌

195,497‌

SM

Investments

Corp.

17,072‌

315,711‌

Total

511,208‌

Poland

-

1.3%

Powszechna

Kasa

Oszczednosci

Bank

Polski

SA

(a)

37,112‌

413,716‌

Powszechny

Zaklad

Ubezpieczen

SA

39,110‌

343,028‌

Total

756,744‌

Russia

-

5.2%

Gazprom

PJSC

ADR

82,226‌

759,768‌

LUKOIL

PJSC

ADR

9,357‌

837,452‌

MMC

Norilsk

Nickel

PJSC

ADR

12,515‌

383,710‌

Mobile

TeleSystems

PJSC

ADR

32,416‌

257,707‌

Sberbank

of

Russia

PJSC

ADR

57,096‌

916,391‌

Total

3,155,028‌

South

Africa

-

5.9%

Anglo

American

Platinum

Ltd.

1,907‌

217,079‌

Bid

Corp.

Ltd.

16,575‌

339,008‌

Bidvest

Group

Ltd.

(The)

28,274‌

335,621‌

Capitec

Bank

Holdings

Ltd.

1,098‌

140,332‌

FirstRand

Ltd.

126,001‌

480,004‌

Gold

Fields

Ltd.

16,682‌

182,018‌

Impala

Platinum

Holdings

Ltd.

10,698‌

150,817‌

MTN

Group

Ltd.

(a)

23,664‌

253,113‌

Naspers

Ltd.

Class

N

5,836‌

903,922‌

Sasol

Ltd.

(a)

7,814‌

126,806‌

Shoprite

Holdings

Ltd.

25,157‌

329,248‌

Sibanye

Stillwater

Ltd.

44,075‌

135,594‌

Total

3,593,562‌

South

Korea

-

17.1%

Celltrion

Healthcare

Co.

Ltd.

1,336‌

90,148‌

Celltrion

,

Inc.

1,969‌

327,893‌

Hana

Financial

Group,

Inc.

7,391‌

261,444‌

HMM

Co.

Ltd.

(a)

4,508‌

102,011‌

Hyundai

Mobis

Co.

Ltd.

1,088‌

232,930‌

Hyundai

Motor

Co.

2,728‌

479,623‌

Kakao

Corp.

5,072‌

480,000‌

KB

Financial

Group,

Inc.

9,356‌

432,875‌

Kia

Corp.

(a)

5,340‌

369,252‌

LG

Chem

Ltd.

(a)

521‌

269,539‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2021

(Unaudited)

2

|

Common

Stocks

(continued)

Issuer

Shares

Value

($)

LG

Electronics,

Inc.

2,798‌

324,815‌

NAVER

Corp.

(a)

2,241‌

713,538‌

POSCO

1,476‌

340,830‌

Samsung

Electro-Mechanics

Co.

Ltd.

(a)

2,318‌

385,115‌

Samsung

Electronics

Co.

Ltd.

54,404‌

3,583,456‌

Samsung

SDI

Co.

Ltd.

943‌

519,592‌

Shinhan

Financial

Group

Co.

Ltd.

13,484‌

417,423‌

SK

Hynix,

Inc.

7,834‌

863,305‌

SK

Innovation

Co.

Ltd.

(a)

632‌

126,799‌

Total

10,320,588‌

Taiwan

-

25.0%

ASE

Technology

Holding

Co.

Ltd.

29,486‌

113,502‌

AU

Optronics

Corp.

158,047‌

130,816‌

Catcher

Technology

Co.

Ltd.

26,731‌

151,205‌

Chang

Hwa

Commercial

Bank

Ltd.

363,160‌

223,144‌

China

Steel

Corp.

252,135‌

322,152‌

Chipbond

Technology

Corp.

117,805‌

284,006‌

Chunghwa

Telecom

Co.

Ltd.

118,167‌

497,577‌

CTBC

Financial

Holding

Co.

Ltd.

368,073‌

345,231‌

Delta

Electronics,

Inc.

14,741‌

146,520‌

Eva

Airways

Corp.

(a)

203,571‌

205,653‌

Evergreen

Marine

Corp.

Taiwan

Ltd.

37,211‌

191,657‌

Far

Eastern

New

Century

Corp.

338,868‌

358,869‌

Far

EasTone

Telecommunications

Co.

Ltd.

173,288‌

404,612‌

Formosa

Chemicals

&

Fibre

Corp.

54,863‌

160,224‌

Formosa

Petrochemical

Corp.

53,998‌

187,169‌

Formosa

Plastics

Corp.

130,129‌

489,154‌

Hon

Hai

Precision

Industry

Co.

Ltd.

200,858‌

755,023‌

Innolux

Corp.

174,494‌

123,616‌

Largan

Precision

Co.

Ltd.

1,920‌

171,063‌

Makalot

Industrial

Co.

Ltd.

22,085‌

197,166‌

MediaTek

,

Inc.

20,616‌

886,726‌

Nan

Ya

Plastics

Corp.

184,625‌

569,884‌

Novatek

Microelectronics

Corp.

7,376‌

143,697‌

President

Chain

Store

Corp.

19,196‌

189,761‌

Taiwan

Business

Bank

679,475‌

243,135‌

Taiwan

Mobile

Co.

Ltd.

126,872‌

458,568‌

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

283,543‌

6,302,777‌

Uni

-President

Enterprises

Corp.

120,389‌

298,503‌

United

Microelectronics

Corp.

152,945‌

359,324‌

Wan

Hai

Lines

Ltd.

16,205‌

116,265‌

Yang

Ming

Marine

Transport

Corp.

(a)

24,313‌

106,331‌

Total

15,133,330‌

Tanzania

-

0.4%

AngloGold

Ashanti

Ltd.

11,504‌

236,928‌

Thailand

-

3.1%

BTS

Group

Holdings

PCL

NVDR

1,482,594‌

414,975‌

CP

ALL

PCL

NVDR

136,798‌

241,613‌

Delta

Electronics

Thailand

PCL

NVDR

6,700‌

82,634‌

Gulf

Energy

Development

PCL

NVDR

73,400‌

100,525‌

Home

Product

Center

PCL

NVDR

517,713‌

224,722‌

Ratch

Group

PCL

122,792‌

165,414‌

Siam

Cement

PCL

(The)

14,401‌

166,406‌

Siam

Commercial

Bank

PCL

(The)

73,813‌

280,624‌

Thai

Union

Group

PCL

NVDR

339,329‌

198,082‌

Total

1,874,995‌

Turkey

-

0.3%

Turkiye

Petrol

Rafinerileri

AS

(a)

14,933‌

173,622‌

Common

Stocks

(continued)

Total

Common

Stocks

(Cost:

$48,703,613)

55,294,440‌

Preferred

Stocks

-

3.0%

Issuer

Shares

Value

($)

Brazil

-

2.7%

Azul

SA

Preference

Shares

(a)

28,281‌

123,685‌

Banco

Bradesco

SA

Preference

Shares

101,622‌

350,477‌

Banco

Inter

SA

Banco

Bradesco

SA

Preference

Shares

(b)

27,304‌

46,765‌

Itau

Unibanco

Holding

SA

Preference

Shares

95,542‌

359,355‌

Itausa

SA

Preference

Shares

153,983‌

246,870‌

Petroleo

Brasileiro

SA

Preference

Shares

98,794‌

504,612‌

Total

1,631,764‌

Chile

-

0.3%

Sociedad

Quimica

y

Minera

de

Chile

SA

Preference

Shares

Class

B

4,165‌

212,596‌

Total

Preferred

Stocks

(Cost:

$2,252,274)

1,844,360‌

Money

Market

Funds

-

0.4%

Issuer

Shares

Value

($)

Goldman

Sachs

Financial

Square

Funds

—

Treasury

Instruments

Fund,

Institutional

Shares,

0.006%

(c)

214,691‌

214,691‌

Total

Money

Market

Funds

(Cost:

$214,691)

214,691‌

Total

Investments

in

Securities

(Cost:

$51,170,578)

57,353,491‌

Other

Assets

&

Liabilities,

Net

3,090,086‌

Net

Assets

60,443,577‌

PORTFOLIO

OF

INVESTMENTS

(continued)

Columbia

EM

Core

ex-China

ETF

December

31,

2021

(Unaudited)

|

3

Notes

to

Portfolio

of

Investments

(a)

Non-income

producing

investment.

(b)

Represents

privately

placed

and

other

securities

and

instruments

exempt

from

Securities

and

Exchange

Commission

registration

(collectively,

private

placements),

such

as

Section

4(a)(2)

and

Rule

144A

eligible

securities,

which

are

often

sold

only

to

qualified

institutional

buyers.

At

December

31,

2021,

the

total

value

of

these

securities

amounted

to

$1,336,017,

which

represents

2.21%

of

total

net

assets.

(c)

The

rate

shown

is

the

seven-day

current

annualized

yield

at

December

31,

2021.

Abbreviation

Legend

ADR

American

Depositary

Receipts

BDR

Brazilian

Depositary

Receipts

GDR

Global

Depositary

Receipts

NVDR

Non-Voting

Depository

Receipts

PJSC

Private

Joint

Stock

Company

Investments

are

valued

using

policies

described

in

the

Notes

to

Financial

Statements

in

the

most

recent

shareholder

report.

3QT279_03_M01_(02/22)

You

may

at

any

time

request,

free

of

charge,

to

receive

a

paper

copy

of

this

report

by

calling

800.345.6611.