1

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.7%

Communication

Services

–

8.7%

Activision

Blizzard,

Inc.

13,093

1,002,531

Alphabet,

Inc.,

Class

A

(a)

108,495

10,723,646

Alphabet,

Inc.,

Class

C

(a)

97,192

9,706,565

AT&T,

Inc.

129,446

2,636,815

Charter

Communications,

Inc.,

Class

A

(a)

2,013

773,616

Comcast

Corp.,

Class

A

78,166

3,075,832

Meta

Platforms,

Inc.,

Class

A

(a)

40,879

6,089,745

Netflix,

Inc.

(a)

8,142

2,881,128

T-Mobile

US,

Inc.

(a)

10,951

1,635,094

Verizon

Communications,

Inc.

77,511

3,222,132

Walt

Disney

Co.

(The)

(a)

32,963

3,576,156

45,323,260

Consumer

Discretionary

–

10.9%

Airbnb,

Inc.,

Class

A

(a)

7,255

806,103

Amazon.com,

Inc.

(a)

161,825

16,689,012

AutoZone,

Inc.

(a)

319

777,993

Booking

Holdings,

Inc.

(a)

718

1,747,684

Chipotle

Mexican

Grill,

Inc.,

Class

A

(a)

498

819,897

Dollar

General

Corp.

4,178

975,981

Ford

Motor

Co.

70,638

954,319

General

Motors

Co.

25,859

1,016,776

Hilton

Worldwide

Holdings,

Inc.

4,785

694,256

Home

Depot,

Inc.

(The)

18,621

6,036,370

Lowe's

Cos.,

Inc.

11,520

2,399,040

Lululemon

Athletica,

Inc.

(a)

2,099

644,141

Marriott

International,

Inc.,

Class

A

5,012

872,990

McDonald's

Corp.

13,469

3,601,611

MercadoLibre,

Inc.

(a)

826

976,076

NIKE,

Inc.,

Class

B

23,033

2,932,792

O'Reilly

Automotive,

Inc.

(a)

1,141

904,071

Starbucks

Corp.

20,932

2,284,518

Target

Corp.

8,370

1,440,812

Tesla,

Inc.

(a)

48,739

8,442,570

TJX

Cos.,

Inc.

(The)

21,650

1,772,269

56,789,281

Consumer

Staples

–

7.0%

Altria

Group,

Inc.

32,504

1,463,980

Archer-Daniels-Midland

Co.

10,086

835,625

Coca-Cola

Co.

(The)

70,967

4,351,697

Colgate-Palmolive

Co.

15,204

1,133,154

Constellation

Brands,

Inc.,

Class

A

3,072

711,229

Costco

Wholesale

Corp.

8,045

4,112,121

Estee

Lauder

Cos.,

Inc.

(The),

Class

A

4,236

1,173,711

General

Mills,

Inc.

10,538

825,758

Keurig

Dr

Pepper,

Inc.

15,276

538,937

Kimberly-Clark

Corp.

6,051

786,691

Kraft

Heinz

Co.

(The)

14,683

595,102

Mondelez

International,

Inc.,

Class

A

25,021

1,637,374

Monster

Beverage

Corp.

(a)

7,005

729,080

PepsiCo,

Inc.

25,151

4,301,324

Philip

Morris

International,

Inc.

28,318

2,951,868

Procter

&

Gamble

Co.

(The)

43,104

6,137,148

SYSCO

Corp.

9,147

708,527

Walmart,

Inc.

25,949

3,733,283

36,726,609

Energy

–

5.4%

Cheniere

Energy,

Inc.

4,243

648,288

Chevron

Corp.

32,742

5,697,763

ConocoPhillips

23,055

2,809,713

Devon

Energy

Corp.

11,543

729,979

EOG

Resources,

Inc.

10,630

1,405,817

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Energy

–

5.4%

(continued)

Exxon

Mobil

Corp.

75,669

8,778,361

Hess

Corp.

4,768

715,963

Kinder

Morgan,

Inc.

31,854

582,928

Marathon

Petroleum

Corp.

8,997

1,156,294

Occidental

Petroleum

Corp.

13,715

888,595

Phillips

66

8,098

811,986

Pioneer

Natural

Resources

Co.

4,290

988,201

Schlumberger

Ltd.

25,819

1,471,167

Valero

Energy

Corp.

7,262

1,016,898

Williams

Cos.,

Inc.

(The)

22,198

715,664

28,417,617

Financials

–

11.5%

Aflac,

Inc.

9,215

677,302

American

Express

Co.

11,012

1,926,329

American

International

Group,

Inc.

14,003

885,270

Aon

PLC,

Class

A

3,825

1,218,951

Bank

of

America

Corp.

127,318

4,517,243

Berkshire

Hathaway,

Inc.,

Class

B

(a)

32,943

10,262,403

BlackRock,

Inc.,

Class

A

2,765

2,099,216

Blackstone,

Inc.,

Class

A

12,680

1,216,773

Capital

One

Financial

Corp.

6,962

828,478

Charles

Schwab

Corp.

(The)

27,819

2,153,747

Chubb

Ltd.

7,412

1,686,156

Citigroup,

Inc.

35,511

1,854,384

CME

Group,

Inc.,

Class

A

6,539

1,155,180

Goldman

Sachs

Group,

Inc.

(The)

6,234

2,280,460

Intercontinental

Exchange,

Inc.

10,271

1,104,646

JPMorgan

Chase

&

Co.

53,293

7,458,888

KKR

&

Co.,

Inc.,

Class

A

10,184

568,369

Marsh

&

McLennan

Cos.,

Inc.

9,159

1,602,001

MetLife,

Inc.

12,599

919,979

Moody's

Corp.

2,894

934,038

Morgan

Stanley

24,559

2,390,327

PNC

Financial

Services

Group,

Inc.

(The)

7,569

1,252,140

Progressive

Corp.

(The)

10,504

1,432,220

Prudential

Financial,

Inc.

7,140

749,272

S&P

Global,

Inc.

6,186

2,319,379

Travelers

Cos.,

Inc.

(The)

4,430

846,662

Truist

Financial

Corp.

24,198

1,195,139

US

Bancorp

24,265

1,208,397

Wells

Fargo

&

Co.

68,701

3,220,016

59,963,365

Health

Care

–

15.4%

Abbott

Laboratories

32,007

3,538,374

AbbVie,

Inc.

32,336

4,777,644

Agilent

Technologies,

Inc.

5,292

804,807

Amgen,

Inc.

9,770

2,465,948

Becton,

Dickinson

&

Co.

5,177

1,305,743

Boston

Scientific

Corp.

(a)

25,636

1,185,665

Bristol-Myers

Squibb

Co.

38,666

2,809,085

Centene

Corp.

(a)

10,564

805,399

Cigna

Corp.

5,571

1,764,169

CVS

Health

Corp.

23,922

2,110,399

Danaher

Corp.

11,933

3,154,847

DexCom,

Inc.

(a)

7,281

779,722

Edwards

Lifesciences

Corp.

(a)

11,346

870,238

Elevance

Health,

Inc.

4,312

2,155,957

Eli

Lilly

&

Co.

14,353

4,939,585

Gilead

Sciences,

Inc.

22,907

1,922,814

HCA

Healthcare,

Inc.

4,088

1,042,726

Humana,

Inc.

2,372

1,213,752

2

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Health

Care

–

15.4%

(continued)

Illumina,

Inc.

(a)

2,839

608,114

Intuitive

Surgical,

Inc.

(a)

6,534

1,605,338

IQVIA

Holdings,

Inc.

(a)

3,430

786,876

Johnson

&

Johnson

47,807

7,812,620

McKesson

Corp.

2,573

974,344

Medtronic

PLC

23,877

1,998,266

Merck

&

Co.,

Inc.

46,221

4,964,598

Moderna,

Inc.

(a)

6,030

1,061,642

Pfizer,

Inc.

102,688

4,534,702

Regeneron

Pharmaceuticals,

Inc.

(a)

1,970

1,494,186

Stryker

Corp.

6,169

1,565,754

Thermo

Fisher

Scientific,

Inc.

7,135

4,069,305

UnitedHealth

Group,

Inc.

16,954

8,463,267

Vertex

Pharmaceuticals,

Inc.

(a)

4,673

1,509,846

Zoetis,

Inc.,

Class

A

8,666

1,434,136

80,529,868

Industrials

–

6.7%

3M

Co.

9,839

1,132,272

Boeing

Co.

(The)

(a)

10,223

2,177,499

Caterpillar,

Inc.

9,604

2,422,993

Cintas

Corp.

1,627

721,965

CSX

Corp.

38,978

1,205,200

Deere

&

Co.

5,028

2,126,039

Eaton

Corp.

PLC

7,265

1,178,456

Emerson

Electric

Co.

10,990

991,518

FedEx

Corp.

4,233

820,609

General

Dynamics

Corp.

4,132

963,004

General

Electric

Co.

19,927

1,603,725

Honeywell

International,

Inc.

12,483

2,602,456

Illinois

Tool

Works,

Inc.

5,135

1,212,065

Johnson

Controls

International

PLC

12,489

868,860

L3Harris

Technologies,

Inc.

3,551

762,826

Lockheed

Martin

Corp.

4,307

1,995,261

Norfolk

Southern

Corp.

4,310

1,059,441

Northrop

Grumman

Corp.

2,593

1,161,768

Raytheon

Technologies

Corp.

26,853

2,681,272

Republic

Services,

Inc.,

Class

A

3,801

474,441

Uber

Technologies,

Inc.

(a)

36,723

1,135,842

Union

Pacific

Corp.

11,200

2,286,928

United

Parcel

Service,

Inc.,

Class

B

13,339

2,470,783

Waste

Management,

Inc.

7,024

1,086,823

35,142,046

Information

Technology

–

29.4%

Accenture

PLC,

Class

A

11,459

3,197,634

Adobe,

Inc.

(a)

8,512

3,152,334

Advanced

Micro

Devices,

Inc.

(a)

29,470

2,214,671

Amphenol

Corp.,

Class

A

11,274

899,327

Analog

Devices,

Inc.

9,707

1,664,459

Apple,

Inc.

273,335

39,439,507

Applied

Materials,

Inc.

15,688

1,749,055

Autodesk,

Inc.

(a)

3,923

844,073

Automatic

Data

Processing,

Inc.

7,607

1,717,737

Broadcom,

Inc.

7,331

4,288,708

Cadence

Design

Systems,

Inc.

(a)

4,961

907,020

Cisco

Systems,

Inc.

75,945

3,696,243

Enphase

Energy,

Inc.

(a)

2,459

544,373

Fidelity

National

Information

Services,

Inc.

10,788

809,532

Fiserv,

Inc.

(a)

11,552

1,232,367

Fortinet,

Inc.

(a)

12,045

630,435

Intel

Corp.

73,762

2,084,514

International

Business

Machines

Corp.

16,424

2,212,806

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

29.4%

(continued)

Intuit,

Inc.

5,191

2,194,080

KLA

Corp.

2,667

1,046,744

LAM

Research

Corp.

2,503

1,251,750

Mastercard,

Inc.,

Class

A

15,571

5,770,613

Micron

Technology,

Inc.

19,575

1,180,373

Microsoft

Corp.

136,043

33,712,816

Motorola

Solutions,

Inc.

2,833

728,109

NVIDIA

Corp.

45,280

8,846,354

NXP

Semiconductors

NV

4,895

902,197

Oracle

Corp.

27,967

2,473,961

Palo

Alto

Networks,

Inc.

(a)

5,545

879,659

Paychex,

Inc.

5,732

664,110

PayPal

Holdings,

Inc.

(a)

19,943

1,625,155

QUALCOMM,

Inc.

20,348

2,710,557

Roper

Technologies,

Inc.

1,961

836,857

Salesforce,

Inc.

(a)

18,326

3,078,218

ServiceNow,

Inc.

(a)

3,743

1,703,552

Snowflake,

Inc.,

Class

A

(a)

5,296

828,506

Synopsys,

Inc.

(a)

2,792

987,670

TE

Connectivity

Ltd.

6,042

768,240

Texas

Instruments,

Inc.

16,577

2,937,610

Visa,

Inc.,

Class

A

(b)

29,807

6,861,869

VMware,

Inc.,

Class

A

(a)

3,737

457,670

153,731,465

Materials

–

1.6%

Air

Products

&

Chemicals,

Inc.

4,068

1,303,835

Corteva,

Inc.

13,010

838,494

Ecolab,

Inc.

4,505

697,509

Freeport-McMoRan,

Inc.

25,911

1,156,149

Linde

PLC

9,132

3,022,144

Sherwin-Williams

Co.

(The)

4,327

1,023,725

Southern

Copper

Corp.

(b)

1,592

119,734

8,161,590

Real

Estate

–

1.4%

American

Tower

Corp.

(c)

8,465

1,890,996

Crown

Castle,

Inc.

(c)

7,909

1,171,402

Equinix,

Inc.

(c)

1,693

1,249,654

Prologis,

Inc.

(c)

16,831

2,175,912

Public

Storage

(c)

2,859

870,108

7,358,072

Utilities

–

1.7%

American

Electric

Power

Co.,

Inc.

9,039

849,304

Dominion

Energy,

Inc.

15,368

978,019

Duke

Energy

Corp.

13,999

1,434,198

Exelon

Corp.

17,977

758,450

NextEra

Energy,

Inc.

36,351

2,712,875

Sempra

Energy

5,720

917,088

Southern

Co.

(The)

19,537

1,322,264

8,972,198

Total

Common

Stocks

(cost

$536,815,189)

521,115,371

Investment

Companies

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(d)(e)

(cost

$1,222,921)

1,222,921

1,222,921

Total

Investments

(cost

$538,038,110)

99.9%

522,338,292

Cash

and

Receivables

(Net)

0.1%

545,976

Net

Assets

100.0%

522,884,268

3

See

Notes

to

Statements

of

Investments

(a)

Non-income

producing

security.

(b)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$6,836,407

and

the

value

of

the

collateral

was

$6,939,430,

consisting

of

U.S.

Government

&

Agency

securities.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(c)

Investment

in

a

real

estate

investment

trust.

(d)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(e)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

S&P

500

E-mini

8

3/17/2023

1,577,174

1,636,000

58,826

4

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.7%

Communication

Services

–

3.4%

Electronic

Arts,

Inc.

3,160

406,629

Fox

Corp.,

Class

A

3,530

119,808

Fox

Corp.,

Class

B

1,853

58,740

Interpublic

Group

of

Cos.,

Inc.

(The)

4,704

171,508

Liberty

Broadband

Corp.,

Class

A

(a),(b)

163

14,608

Liberty

Broadband

Corp.,

Class

C

(b)

1,400

125,692

Liberty

Media

Corp.-Liberty

Formula

One,

Class

A

(b)

303

19,295

Liberty

Media

Corp.-Liberty

Formula

One,

Class

C

(b)

2,467

174,664

Liberty

Media

Corp.-Liberty

SiriusXM

,

Class

A

(b)

938

38,102

Liberty

Media

Corp.-Liberty

SiriusXM

,

Class

C

(b)

1,869

75,321

Live

Nation

Entertainment,

Inc.

(b)

1,721

138,523

Lumen

Technologies,

Inc.

11,870

62,318

Match

Group,

Inc.

(b)

3,277

177,351

News

Corp.,

Class

A

4,551

92,203

News

Corp.,

Class

B

1,543

31,539

Omnicom

Group,

Inc.

2,472

212,567

Paramount

Global,

Class

A

8

213

Paramount

Global,

Class

B

(a)

6,183

143,198

Pinterest,

Inc.,

Class

A

(b)

7,157

188,158

Roblox

Corp.,

Class

A

(b)

4,344

161,640

Roku,

Inc.,

Class

A

(b)

1,456

83,720

Sirius

XM

Holdings,

Inc.

(a)

8,361

48,410

Snap,

Inc.,

Class

A

(b)

12,363

142,916

Take-Two

Interactive

Software,

Inc.

(b)

1,917

217,062

Trade

Desk,

Inc.

(The),

Class

A

(b)

5,330

270,231

ZoomInfo

Technologies,

Inc.,

Class

A

(b)

3,297

93,074

3,267,490

Consumer

Discretionary

–

10.0%

ADT,

Inc.

2,525

22,195

Advance

Auto

Parts,

Inc.

724

110,251

Aptiv

PLC

(b)

3,271

369,917

Aramark

3,096

137,865

Bath

&

Body

Works,

Inc.

2,740

126,067

Best

Buy

Co.,

Inc.

2,407

213,549

BorgWarner,

Inc.

2,826

133,613

Burlington

Stores,

Inc.

(b)

776

178,348

Caesars

Entertainment,

Inc.

(b)

2,653

138,115

CarMax,

Inc.

(a),(b)

1,934

136,250

Carnival

Corp.

(b)

12,169

131,669

Choice

Hotels

International,

Inc.

332

40,800

Churchill

Downs,

Inc.

399

98,992

Coupang

,

Inc.,

Class

A

(b)

12,387

209,216

D.R.

Horton,

Inc.

3,763

371,371

Darden

Restaurants,

Inc.

1,484

219,588

Deckers

Outdoor

Corp.

(b)

323

138,076

Dollar

Tree,

Inc.

(b)

2,537

381,007

Domino's

Pizza,

Inc.

428

151,084

DoorDash

,

Inc.,

Class

A

(b)

3,207

185,749

eBay,

Inc.

6,604

326,898

Etsy,

Inc.

(b)

1,509

207,608

Expedia

Group,

Inc.

(b)

1,771

202,425

Five

Below,

Inc.

(b)

663

130,697

Floor

&

Decor

Holdings,

Inc.,

Class

A

(b)

1,233

111,919

Gamestop

Corp.,

Class

A

(a),(b)

3,135

68,563

Garmin

Ltd.

1,861

184,016

Genuine

Parts

Co.

1,699

285,126

Hasbro,

Inc.

1,568

92,779

Las

Vegas

Sands

Corp.

(b)

3,970

234,230

Lear

Corp.

705

102,775

Lennar

Corp.,

Class

A

3,050

312,320

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Consumer

Discretionary

–

10.0%

(continued)

Lennar

Corp.,

Class

B

212

18,308

LKQ

Corp.

3,024

178,295

Lucid

Group,

Inc.

(a),(b)

7,213

84,320

Mattel,

Inc.

(b)

4,322

88,428

MGM

Resorts

International

3,800

157,358

Murphy

USA,

Inc.

248

67,463

Norwegian

Cruise

Line

Holdings

Ltd.

(b)

5,228

79,518

NVR,

Inc.

(b)

37

194,990

Penske

Automotive

Group,

Inc.

301

38,474

Pool

Corp.

459

176,995

PulteGroup,

Inc.

2,772

157,699

Rivian

Automotive,

Inc.,

Class

A

(b)

6,593

127,904

Ross

Stores,

Inc.

4,176

493,561

Royal

Caribbean

Cruises

Ltd.

(a),(b)

2,639

171,377

Service

Corp.

International

1,853

137,400

Tapestry,

Inc.

2,840

129,419

Tractor

Supply

Co.

1,327

302,543

Ulta

Beauty,

Inc.

(b)

621

319,169

Vail

Resorts,

Inc.

472

123,825

VF

Corp.

3,945

122,058

Whirlpool

Corp.

662

103,001

Williams-Sonoma,

Inc.

(a)

785

105,928

Wyndham

Hotels

&

Resorts,

Inc.

1,079

83,633

Wynn

Resorts

Ltd.

(a),(b)

1,232

127,685

Yum!

Brands,

Inc.

3,391

442,559

9,784,988

Consumer

Staples

–

4.2%

Albertsons

Cos.,

Inc.,

Class

A

1,876

39,771

BJ's

Wholesale

Club

Holdings,

Inc.

(b)

1,633

118,344

Brown-Forman

Corp.,

Class

A

634

42,161

Brown-Forman

Corp.,

Class

B

2,255

150,138

Bunge

Ltd.

1,811

179,470

Campbell

Soup

Co.

2,442

126,813

Casey's

General

Stores,

Inc.

452

106,631

Church

&

Dwight

Co.,

Inc.

2,882

233,039

Clorox

Co.

(The)

1,494

216,167

ConAgra

Brands,

Inc.

5,750

213,842

Darling

Ingredients,

Inc.

(b)

1,927

127,741

Hershey

Co.

(The)

1,770

397,542

Hormel

Foods

Corp.

3,502

158,676

JM

Smucker

Co.

(The)

1,281

195,737

Kellogg

Co.

3,073

210,746

Kroger

Co.

(The)

7,850

350,345

Lamb

Weston

Holdings,

Inc.

1,733

173,109

McCormick

&

Co.,

Inc.

3,003

225,585

Molson

Coors

Beverage

Co.,

Class

B

2,270

119,357

Performance

Food

Group

Co.

(b)

1,886

115,650

Tyson

Foods,

Inc.,

Class

A

3,529

232,032

US

Foods

Holding

Corp.

(b)

2,456

93,647

Walgreens

Boots

Alliance,

Inc.

8,676

319,797

4,146,340

Energy

–

3.6%

Antero

Resources

Corp.

(b)

3,267

94,220

APA

Corp.

3,893

172,577

Baker

Hughes

Co.,

Class

A

11,875

376,912

Chesapeake

Energy

Corp.

1,319

114,384

Coterra

Energy,

Inc.

9,518

238,236

Diamondback

Energy,

Inc.

2,087

304,952

EQT

Corp.

4,336

141,657

Halliburton

Co.

11,006

453,667

HF

Sinclair

Corp.

1,622

92,292

5

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Energy

–

3.6%

(continued)

Marathon

Oil

Corp.

7,653

210,228

Matador

Resources

Co.

1,352

89,448

Murphy

Oil

Corp.

1,767

77,059

New

Fortress

Energy,

Inc.,

Class

A

620

24,050

NOV,

Inc.

4,739

115,821

ONEOK,

Inc.

5,358

366,916

Ovintiv

,

Inc.

2,964

145,918

Range

Resources

Corp.

2,915

72,933

Southwestern

Energy

Co.

(b)

13,500

74,520

Targa

Resources

Corp.

2,759

206,980

Texas

Pacific

Land

Corp.

75

149,689

3,522,459

Financials

–

13.6%

Allstate

Corp.

(The)

3,171

407,378

Ally

Financial,

Inc.

3,595

116,802

American

Financial

Group,

Inc.

851

121,344

Ameriprise

Financial,

Inc.

1,272

445,353

Annaly

Capital

Management,

Inc.

(c)

5,720

134,248

Apollo

Global

Management,

Inc.

5,204

368,339

Arch

Capital

Group

Ltd.

(b)

4,469

287,580

Ares

Management

Corp.,

Class

A

1,866

154,859

Arthur

J

Gallagher

&

Co.

2,532

495,563

Assurant,

Inc.

611

81,012

Bank

of

New

York

Mellon

Corp.

(The)

8,840

447,039

BOK

Financial

Corp.

359

36,080

Brown

&

Brown,

Inc.

2,820

165,139

Carlyle

Group,

Inc.

(The)

2,516

90,501

Cincinnati

Financial

Corp.

1,892

214,080

Citizens

Financial

Group,

Inc.

5,820

252,122

CNA

Financial

Corp.

393

17,119

Coinbase

Global,

Inc.,

Class

A

(a),(b)

1,926

112,632

Comerica,

Inc.

1,574

115,390

Commerce

Bancshares,

Inc.

1,379

91,786

Corebridge

Financial,

Inc.

945

20,563

Cullen/Frost

Bankers,

Inc.

776

101,097

Discover

Financial

Services

3,298

384,976

East

West

Bancorp,

Inc.

1,744

136,939

Equitable

Holdings,

Inc.

4,070

130,525

Erie

Indemnity

Co.,

Class

A

301

73,549

Everest

Re

Group

Ltd.

476

166,452

FactSet

Research

Systems,

Inc.

462

195,398

Fidelity

National

Financial,

Inc.

3,255

143,318

Fifth

Third

Bancorp

8,323

302,042

First

Citizens

BancShares

,

Inc.,

Class

A

143

111,208

First

Horizon

National

Corp.

6,474

160,102

First

Republic

Bank

2,164

304,864

Franklin

Resources,

Inc.

3,443

107,422

Globe

Life,

Inc.

1,090

131,727

Hartford

Financial

Services

Group,

Inc.

(The)

3,854

299,109

Huntington

Bancshares,

Inc.

17,499

265,460

Interactive

Brokers

Group,

Inc.,

Class

A

1,231

98,406

Invesco

Ltd.

5,289

97,899

Jefferies

Financial

Group,

Inc.

2,241

88,026

KeyCorp

11,446

219,649

Kinsale

Capital

Group,

Inc.

266

74,065

Lincoln

National

Corp.

1,829

64,801

Loews

Corp.

2,308

141,896

LPL

Financial

Holdings,

Inc.

958

227,161

M&T

Bank

Corp.

2,078

324,168

Markel

Corp.

(b)

162

228,255

MarketAxess

Holdings,

Inc.

450

163,733

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Financials

–

13.6%

(continued)

Morningstar,

Inc.

288

69,949

MSCI,

Inc.,

Class

A

963

511,892

NASDAQ,

Inc.

4,095

246,478

Northern

Trust

Corp.

2,540

246,304

Old

Republic

International

Corp.

3,479

91,811

Principal

Financial

Group,

Inc.

2,721

251,829

Raymond

James

Financial,

Inc.

2,339

263,769

Regions

Financial

Corp.

11,266

265,202

Reinsurance

Group

of

America,

Inc.,

Class

A

806

122,327

Robinhood

Markets,

Inc.,

Class

A

(b)

6,108

63,584

SEI

Investments

Co.

1,223

76,352

Signature

Bank

763

98,389

State

Street

Corp.

4,433

404,866

SVB

Financial

Group

(b)

723

218,664

Synchrony

Financial

5,391

198,011

T

Rowe

Price

Group,

Inc.

(a)

2,657

309,461

Unum

Group

2,299

96,627

W.R.

Berkley

Corp.

2,454

172,124

Webster

Financial

Corp.

2,049

107,880

Western

Alliance

Bancorp

1,327

100,016

Willis

Towers

Watson

PLC

1,315

334,260

Zions

Bancorp

NA

1,837

97,655

13,264,626

Health

Care

–

10.3%

Acadia

Healthcare

Co.,

Inc.

(b)

1,106

92,926

agilon

health,

Inc.

(a),(b)

2,320

50,483

Align

Technology,

Inc.

(b)

854

230,349

Alnylam

Pharmaceuticals,

Inc.

(b)

1,482

335,525

AmerisourceBergen

Corp.,

Class

A

1,967

332,344

Avantor

,

Inc.

(b)

8,117

193,996

Baxter

International,

Inc.

6,098

278,618

Biogen,

Inc.

(b)

1,735

504,712

BioMarin

Pharmaceutical,

Inc.

(b)

2,246

259,076

Bio-Rad

Laboratories,

Inc.,

Class

A

(b)

261

122,007

Bio-

Techne

Corp.

1,874

149,283

Bruker

Corp.

1,183

82,952

Cardinal

Health,

Inc.

3,128

241,638

Catalent

,

Inc.

(b)

2,193

117,435

Charles

River

Laboratories

International,

Inc.

(b)

613

149,112

Chemed

Corp.

179

90,420

Cooper

Cos.,

Inc.

(The)

596

207,962

DaVita,

Inc.

(b)

679

55,943

DENTSPLY

SIRONA,

Inc.

2,479

91,302

Henry

Schein,

Inc.

(b)

1,647

141,889

Hologic

,

Inc.

(b)

2,988

243,134

Horizon

Therapeutics

PLC

(b)

2,710

297,341

IDEXX

Laboratories,

Inc.

(b)

998

479,539

Incyte

Corp.

(b)

2,231

189,947

Insulet

Corp.

(b)

839

241,062

Jazz

Pharmaceuticals

PLC

(b)

770

120,628

Karuna

Therapeutics,

Inc.

(b)

328

65,400

Laboratory

Corp.

of

America

Holdings

1,053

265,482

Mettler

-Toledo

International,

Inc.

(b)

270

413,888

Molina

Healthcare,

Inc.

(b)

700

218,281

Neurocrine

Biosciences,

Inc.

(b)

1,167

129,455

Novocure

Ltd.

(a),(b)

1,095

99,842

Organon

&

Co.

3,037

91,505

PerkinElmer,

Inc.

1,506

207,120

Quest

Diagnostics,

Inc.

1,363

202,378

R1

RCM,

Inc.

(b)

1,654

23,669

Repligen

Corp.

(b)

629

116,554

6

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Health

Care

–

10.3%

(continued)

ResMed

,

Inc.

1,754

400,561

Royalty

Pharma

PLC,

Class

A

4,439

173,964

Sarepta

Therapeutics,

Inc.

(b)

1,065

133,093

Seagen

,

Inc.

(b)

1,649

230,003

Shockwave

Medical,

Inc.

(b)

431

80,998

STERIS

PLC

1,211

250,084

Teleflex,

Inc.

565

137,532

United

Therapeutics

Corp.

(b)

545

143,428

Universal

Health

Services,

Inc.,

Class

B

764

113,233

Veeva

Systems,

Inc.,

Class

A

(b)

1,700

289,935

Viatris

,

Inc.

14,606

177,609

Waters

Corp.

(b)

715

234,935

West

Pharmaceutical

Services,

Inc.

902

239,571

Zimmer

Biomet

Holdings,

Inc.

2,515

320,260

10,058,403

Industrials

–

15.6%

Advanced

Drainage

Systems,

Inc.

753

75,932

AECOM

1,699

148,272

AGCO

Corp.

744

102,769

Allegion

PLC

1,038

122,017

American

Airlines

Group,

Inc.

(b)

7,975

128,716

AMETEK,

Inc.

2,767

400,994

AO

Smith

Corp.

1,478

100,061

Avis

Budget

Group,

Inc.

(b)

296

59,212

Axon

Enterprise,

Inc.

(b)

815

159,284

Booz

Allen

Hamilton

Holding

Corp.,

Class

A

1,605

151,897

Builders

FirstSource

,

Inc.

(b)

1,781

141,946

Carlisle

Cos.,

Inc.

618

155,031

Carrier

Global

Corp.

10,042

457,212

CH

Robinson

Worldwide,

Inc.

1,400

140,238

Chart

Industries,

Inc.

(a),(b)

500

66,990

Clarivate

PLC

(b)

4,855

53,988

Copart

,

Inc.

(b)

5,175

344,707

CoStar

Group,

Inc.

(b)

4,895

381,320

Cummins,

Inc.

1,706

425,715

Delta

Air

Lines,

Inc.

(b)

7,787

304,472

Dover

Corp.

1,707

259,174

Equifax,

Inc.

1,468

326,190

Expeditors

International

of

Washington,

Inc.

1,906

206,134

Fastenal

Co.

6,932

350,413

Fortive

Corp.

4,193

285,250

Fortune

Brands

Innovations,

Inc.

1,575

101,603

Generac

Holdings,

Inc.

(b)

728

87,797

Graco

,

Inc.

2,038

139,236

HEICO

Corp.

471

80,517

HEICO

Corp.,

Class

A

848

113,361

Hertz

Global

Holdings,

Inc.

(b)

1,968

35,463

Howmet

Aerospace,

Inc.

4,391

178,670

Hubbell,

Inc.,

Class

B

648

148,334

Huntington

Ingalls

Industries,

Inc.

480

105,859

IDEX

Corp.

914

219,067

Ingersoll

Rand,

Inc.

4,890

273,840

Jacobs

Solutions,

Inc.

1,536

189,773

JB

Hunt

Transport

Services,

Inc.

995

188,105

Knight-Swift

Transportation

Holdings,

Inc.,

Class

A

1,983

117,195

Leidos

Holdings,

Inc.

1,635

161,603

Lennox

International,

Inc.

388

101,121

Lincoln

Electric

Holdings,

Inc.

695

115,975

Masco

Corp.

2,707

144,012

Middleby

Corp.

(The)

(b)

662

102,908

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Industrials

–

15.6%

(continued)

Nordson

Corp.

645

156,928

Old

Dominion

Freight

Line,

Inc.

1,084

361,232

Otis

Worldwide

Corp.

4,948

406,874

Owens

Corning

1,140

110,181

PACCAR,

Inc.

4,203

459,430

Parker-Hannifin

Corp.

1,544

503,344

Pentair

PLC

2,028

112,311

Plug

Power,

Inc.

(a),(b)

6,321

107,583

Quanta

Services,

Inc.

1,726

262,680

RBC

Bearings,

Inc.

(b)

356

86,853

Regal

Rexnord

Corp.

806

112,195

Robert

Half

International,

Inc.

1,272

106,797

Rockwell

Automation,

Inc.

1,391

392,304

Rollins,

Inc.

2,761

100,500

Snap-On,

Inc.

647

160,928

Southwest

Airlines

Co.

7,028

251,392

Stanley

Black

&

Decker,

Inc.

1,788

159,686

Tetra

Tech,

Inc.

650

101,088

Textron,

Inc.

2,539

184,966

Toro

Co.

(The)

1,254

139,846

Trane

Technologies

PLC

2,770

496,162

TransDigm

Group,

Inc.

620

445,005

TransUnion

2,331

167,249

U-Haul

Holding

Co.

158

10,591

United

Airlines

Holdings,

Inc.

(b)

3,929

192,364

United

Rentals,

Inc.

(b)

836

368,634

Verisk

Analytics,

Inc.,

Class

A

1,875

340,856

Watsco

,

Inc.

410

117,822

Westinghouse

Air

Brake

Technologies

Corp.

2,199

228,278

Willscot

Mobile

Mini

Holdings

Corp.,

Class

A

(b)

2,469

119,648

WW

Grainger,

Inc.

541

318,909

Xylem,

Inc.

2,181

226,846

15,261,855

Information

Technology

–

15.9%

Akamai

Technologies,

Inc.

(b)

1,912

170,072

ANSYS,

Inc.

(b)

1,057

281,542

Arista

Networks,

Inc.

(b)

2,983

375,918

Arrow

Electronics,

Inc.

(b)

725

85,180

Aspen

Technology,

Inc.

(b)

353

70,159

Atlassian

Corp.,

Class

A

(b)

1,796

290,269

Bentley

Systems,

Inc.,

Class

B

2,416

94,345

Bill.com

Holdings,

Inc.

(b)

1,140

131,807

Black

Knight,

Inc.

(b)

1,883

114,091

Block,

Inc.,

Class

A

(b)

6,483

529,791

Broadridge

Financial

Solutions,

Inc.

1,432

215,315

CDW

Corp.

1,639

321,293

Ceridian

HCM

Holding,

Inc.

(b)

1,860

134,441

Ciena

Corp.

(b)

1,746

90,827

Cloudflare

,

Inc.,

Class

A

(a),(b)

3,413

180,582

Cognex

Corp.

2,120

116,049

Cognizant

Technology

Solutions

Corp.,

Class

A

6,214

414,784

Concentrix

Corp.

505

71,614

Corning,

Inc.

9,020

312,182

Crowdstrike

Holdings,

Inc.,

Class

A

(b)

2,598

275,128

Datadog

,

Inc.,

Class

A

(b)

2,986

223,383

Dell

Technologies,

Inc.,

Class

C

3,066

124,541

DocuSign,

Inc.,

Class

A

(b)

2,351

142,565

DXC

Technology

Co.

(b)

2,784

79,984

Dynatrace

,

Inc.

(b)

2,404

92,386

Entegris

,

Inc.

1,819

146,811

EPAM

Systems,

Inc.

(b)

690

229,528

7

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

15.9%

(continued)

F5

Networks,

Inc.

(b)

723

106,758

Fair

Isaac

Corp.

(b)

303

201,783

First

Solar,

Inc.

(b)

1,192

211,699

FleetCor

Technologies,

Inc.

(b)

888

185,423

Flex

Ltd.

(b)

5,527

129,055

Gartner,

Inc.

(b)

955

322,924

GEN

Digital,

Inc.

6,879

158,286

Genpact

Ltd.

2,039

96,404

Global

Payments,

Inc.

3,240

365,213

GoDaddy

,

Inc.,

Class

A

(b)

1,833

150,544

Hewlett

Packard

Enterprise

Co.

15,590

251,467

HP,

Inc.

10,489

305,649

HubSpot

,

Inc.

(b)

584

202,654

Jabil,

Inc.

1,636

128,639

Jack

Henry

&

Associates,

Inc.

874

157,399

Juniper

Networks,

Inc.

3,951

127,617

Keysight

Technologies,

Inc.

(b)

2,157

386,858

Manhattan

Associates,

Inc.

(b)

761

99,204

Marvell

Technology,

Inc.

10,258

442,633

Microchip

Technology,

Inc.

6,651

516,251

MongoDB,

Inc.,

Class

A

(b)

823

176,295

Monolithic

Power

Systems,

Inc.

541

230,769

NetApp,

Inc.

2,573

170,410

Okta

,

Inc.,

Class

A

(b)

1,820

133,970

ON

Semiconductor

Corp.

(b)

5,231

384,217

Palantir

Technologies,

Inc.,

Class

A

(b)

21,585

167,931

Paycom

Software,

Inc.

(b)

573

185,618

Paylocity

Holding

Corp.

(b)

507

105,603

Procore

Technologies,

Inc.

(b)

825

46,159

PTC,

Inc.

(b)

1,263

170,353

Pure

Storage,

Inc.,

Class

A

(b)

3,390

98,107

Qorvo

,

Inc.

(b)

1,221

132,674

Seagate

Technology

Holdings

PLC

2,245

152,166

Skyworks

Solutions,

Inc.

1,930

211,663

SolarEdge

Technologies,

Inc.

(b)

670

213,817

Splunk

,

Inc.

(b)

1,794

171,811

SS&C

Technologies

Holdings,

Inc.

2,716

163,911

TD

Synnex

Corp.

492

50,258

Teledyne

Technologies,

Inc.

(b)

561

238,010

Teradyne,

Inc.

1,873

190,484

Toast,

Inc.,

Class

A

(b)

3,710

82,770

Trimble,

Inc.

(b)

3,028

175,806

Twilio

,

Inc.,

Class

A

(b)

2,076

124,228

Tyler

Technologies,

Inc.

(b)

489

157,835

Unity

Software,

Inc.

(a),(b)

3,024

107,412

VeriSign,

Inc.

(b)

1,096

238,983

Western

Digital

Corp.

(b)

3,923

172,416

WEX,

Inc.

(b)

519

95,999

Wolfspeed

,

Inc.

(b)

1,492

114,899

Workday,

Inc.,

Class

A

(b)

2,418

438,698

Zebra

Technologies

Corp.,

Class

A

(b)

624

197,296

Zoom

Video

Communications,

Inc.,

Class

A

(b)

2,657

199,275

Zscaler

,

Inc.

(b)

1,013

125,774

15,486,664

Materials

–

7.3%

Albemarle

Corp.

1,414

397,970

Alcoa

Corp.

2,062

107,719

Amcor

PLC

17,629

212,606

AptarGroup,

Inc.

800

92,512

Avery

Dennison

Corp.

953

180,536

Ball

Corp.

3,827

222,885

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Materials

–

7.3%

(continued)

Celanese

Corp.,

Class

A

1,212

149,318

CF

Industries

Holdings,

Inc.

2,341

198,283

Cleveland-Cliffs,

Inc.

(b)

6,301

134,526

Crown

Holdings,

Inc.

1,409

124,217

Dow,

Inc.

8,541

506,908

DuPont

de

Nemours,

Inc.

5,981

442,295

Eastman

Chemical

Co.

1,403

123,703

FMC

Corp.

1,519

202,225

International

Flavors

&

Fragrances,

Inc.,

Class

W

3,082

346,602

International

Paper

Co.

4,406

184,259

LyondellBasell

Industries

NV,

Class

A

3,099

299,642

Martin

Marietta

Materials,

Inc.

756

271,888

Mosaic

Co.

(The)

4,047

200,488

Newmont

Corp.

9,596

507,916

Nucor

Corp.

3,087

521,765

Olin

Corp.

1,520

98,177

Packaging

Corp.

of

America

1,091

155,686

PPG

Industries,

Inc.

2,838

369,905

Reliance

Steel

&

Aluminum

Co.

703

159,897

RPM

International,

Inc.

1,575

141,608

Sealed

Air

Corp.

1,817

99,499

Steel

Dynamics,

Inc.

2,010

242,486

Vulcan

Materials

Co.

1,597

292,778

Westlake

Corp.

396

48,609

Westrock

Co.

2,965

116,347

7,153,255

Real

Estate

–

9.1%

Alexandria

Real

Estate

Equities,

Inc.

(c)

1,809

290,779

American

Homes

4

Rent,

Class

A

(c)

3,694

126,667

Americold

Realty

Trust,

Inc.

(c)

3,295

103,496

AvalonBay

Communities,

Inc.

(c)

1,697

301,116

Boston

Properties,

Inc.

(c)

1,665

124,109

Brixmor

Property

Group,

Inc.

(c)

3,636

85,555

Camden

Property

Trust

(c)

1,316

162,144

CBRE

Group,

Inc.,

Class

A

(b)

3,809

325,708

CubeSmart

(a)(c)

2,681

122,763

Digital

Realty

Trust,

Inc.

(c)

3,465

397,158

EastGroup

Properties,

Inc.

(c)

535

90,014

Equity

LifeStyle

Properties,

Inc.

(c)

2,050

147,149

Equity

Residential

(c)

4,132

263,002

Essex

Property

Trust,

Inc.

(c)

784

177,239

Extra

Space

Storage,

Inc.

(c)

1,614

254,738

Federal

Realty

Investment

Trust

(c)

849

94,689

Gaming

and

Leisure

Properties,

Inc.

(c)

3,080

164,965

Healthpeak

Properties,

Inc.

(c)

6,600

181,368

Host

Hotels

&

Resorts,

Inc.

(c)

8,599

162,091

Invitation

Homes,

Inc.

(c)

7,056

229,320

Iron

Mountain,

Inc.

(c)

3,467

189,229

Jones

Lang

LaSalle,

Inc.

(b)

553

102,233

Kimco

Realty

Corp.

(c)

7,474

167,866

Lamar

Advertising

Co.,

Class

A

(c)

1,016

108,245

Life

Storage,

Inc.

(c)

1,018

109,985

Medical

Properties

Trust,

Inc.

(a)(c)

7,334

94,975

Mid-America

Apartment

Communities,

Inc.

(c)

1,408

234,742

National

Retail

Properties,

Inc.

(c)

2,138

101,234

OMEGA

Healthcare

Investors,

Inc.

(c)

2,795

82,285

Realty

Income

Corp.

(c)

7,538

511,302

Regency

Centers

Corp.

(c)

1,855

123,599

Rexford

Industrial

Realty,

Inc.

(c)

2,198

139,507

SBA

Communications

Corp.,

Class

A

(c)

1,302

387,384

Simon

Property

Group,

Inc.

(c)

3,934

505,362

8

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Real

Estate

–

9.1%

(continued)

STORE

Capital

Corp.

(c)

3,136

101,010

Sun

Communities,

Inc.

(c)

1,505

236,074

UDR,

Inc.

(c)

3,784

161,160

Ventas,

Inc.

(c)

4,792

248,273

VICI

Properties,

Inc.,

Class

A

(c)

11,546

394,642

W.P.

Carey,

Inc.

(c)

2,486

212,628

Welltower

,

Inc.

(c)

5,658

424,576

Weyerhaeuser

Co.

(c)

8,927

307,357

Zillow

Group,

Inc.,

Class

A

(b)

626

26,893

Zillow

Group,

Inc.,

Class

C

(b)

1,961

86,696

8,861,327

Utilities

–

6.7%

AES

Corp.

(The)

7,984

218,841

Alliant

Energy

Corp.

3,018

163,063

Ameren

Corp.

3,115

270,600

American

Water

Works

Co.,

Inc.

2,173

340,053

Atmos

Energy

Corp.

1,688

198,408

Avangrid

,

Inc.

885

37,320

CenterPoint

Energy,

Inc.

7,613

229,304

CMS

Energy

Corp.

3,578

226,094

Consolidated

Edison,

Inc.

4,260

406,021

Constellation

Energy

Corp.

3,908

333,587

DTE

Energy

Co.

2,293

266,836

Edison

International

4,572

315,011

Entergy

Corp.

2,410

260,955

Essential

Utilities,

Inc.

2,869

134,068

Evergy

,

Inc.

2,757

172,726

Eversource

Energy

4,221

347,515

FirstEnergy

Corp.

6,615

270,884

NiSource,

Inc.

5,013

139,111

NRG

Energy,

Inc.

2,678

91,641

OGE

Energy

Corp.

2,445

96,137

PG&E

Corp.

(a),(b)

19,435

309,017

Pinnacle

West

Capital

Corp.

1,353

100,866

PPL

Corp.

8,859

262,226

Public

Service

Enterprise

Group,

Inc.

6,052

374,800

UGI

Corp.

2,490

99,177

Vistra

Corp.

4,524

104,323

WEC

Energy

Group,

Inc.

3,813

358,384

Xcel

Energy,

Inc.

6,561

451,200

6,578,168

Total

Common

Stocks

(cost

$87,491,749)

97,385,575

Investment

Companies

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(d)(e)

(cost

$172,825)

172,825

172,825

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.5%

Registered

Investment

Companies

–

0.5%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(d)(e)

(cost

$485,401)

485,401

485,401

Total

Investments

(cost

$88,149,975)

100.4%

98,043,801

Liabilities,

Less

Cash

and

Receivables

(0.4)%

(368,576)

Net

Assets

100.0%

97,675,225

9

See

Notes

to

Statements

of

Investments

(a)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$2,225,632

and

the

value

of

the

collateral

was

$2,208,503,

consisting

of

cash

collateral

of

$485,401

and

U.S.

Government

&

Agency

securities

valued

at

$1,723,102.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(b)

Non-income

producing

security.

(c)

Investment

in

a

real

estate

investment

trust.

(d)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(e)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

S&P

MidCap

400

E-mini

1

3/17/2023

246,080

266,290

20,210

10

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.7%

Communication

Services

–

3.0%

Altice

USA,

Inc.,

Class

A

(a)

3,046

14,925

AMC

Entertainment

Holdings,

Inc.,

Class

A

(a)(b)

7,148

38,242

Bumble,

Inc.,

Class

A

(a)

1,114

28,685

Cable

One,

Inc.

67

52,922

Cogent

Communications

Holdings,

Inc.

596

40,868

DISH

Network

Corp.,

Class

A

(a)

3,481

50,092

Endeavor

Group

Holdings,

Inc.,

Class

A

(a)

2,447

54,886

Frontier

Communications

Parent,

Inc.

(a)

3,095

91,643

Globalstar

,

Inc.

(a)

10,052

14,173

IAC,

Inc.

(a)

1,081

61,076

Iridium

Communications,

Inc.

(a)

1,746

104,481

John

Wiley

&

Sons,

Inc.,

Class

A

590

27,022

Madison

Square

Garden

Sports

Corp.,

Class

A

257

46,733

New

York

Times

Co.

(The),

Class

A

2,286

79,644

Nexstar

Media

Group,

Inc.,

Class

A

523

107,095

Playtika

Holding

Corp.

(a)

1,217

12,766

Rumble,

Inc.

(a)(b)

1,074

10,794

Shutterstock

,

Inc.

350

26,345

TechTarget

,

Inc.

(a)

395

19,564

TEGNA,

Inc.

3,094

61,663

TripAdvisor,

Inc.

(a)

1,477

34,414

Warner

Music

Group

Corp.,

Class

A

1,616

58,903

World

Wrestling

Entertainment,

Inc.,

Class

A

617

52,211

Yelp,

Inc.,

Class

A

(a)

970

30,565

Ziff

Davis,

Inc.

(a)

654

58,520

1,178,232

Consumer

Discretionary

–

14.4%

Academy

Sports

&

Outdoors,

Inc.

1,119

65,372

Acushnet

Holdings

Corp.

449

21,081

Adient

PLC

(a)

1,311

59,021

American

Eagle

Outfitters,

Inc.

(b)

2,407

38,849

Asbury

Automotive

Group,

Inc.

(a)

307

67,540

Autoliv

,

Inc.

1,082

99,674

AutoNation,

Inc.

(a)

482

61,079

Bloomin

'

Brands,

Inc.

1,258

30,507

Boyd

Gaming

Corp.

1,100

68,541

Bright

Horizons

Family

Solutions,

Inc.

(a)

801

61,501

Brunswick

Corp.

1,007

84,920

Capri

Holdings

Ltd.

(a)

1,805

120,014

Carter's,

Inc.

526

43,853

Cavco

Industries,

Inc.

(a)

114

30,335

Chegg

,

Inc.

(a)

1,736

36,039

Chewy,

Inc.,

Class

A

(a)(b)

1,316

59,299

Columbia

Sportswear

Co.

490

46,991

Coursera,

Inc.

(a)

1,190

18,981

Cracker

Barrel

Old

Country

Store,

Inc.

(b)

306

34,143

Crocs,

Inc.

(a)

857

104,357

Dana,

Inc.

1,771

32,126

Dave

&

Buster's

Entertainment,

Inc.

(a)

597

25,880

Dick's

Sporting

Goods,

Inc.

772

100,947

Dillard's,

Inc.,

Class

A

(b)

46

18,092

Dorman

Products,

Inc.

(a)

389

37,756

Draftkings

,

Inc.,

Class

A

(a)(b)

6,235

93,463

Foot

Locker,

Inc.

1,097

47,730

Fox

Factory

Holding

Corp.

(a)

586

69,201

Frontdoor

,

Inc.

(a)

1,178

32,018

Gap,

Inc.

(The)

(b)

2,916

39,570

Gentex

Corp.

3,289

97,058

Gentherm

,

Inc.

(a)

468

34,833

Goodyear

Tire

&

Rubber

Co.

(The)

(a)

4,035

45,394

Graham

Holdings

Co.,

Class

B

52

33,972

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Consumer

Discretionary

–

14.4%

(continued)

Grand

Canyon

Education,

Inc.

(a)

431

50,237

Group

1

Automotive,

Inc.

202

43,198

H&R

Block,

Inc.

2,171

84,626

Hanesbrands,

Inc.

(b)

5,003

42,225

Harley-Davidson,

Inc.

1,847

85,017

Helen

of

Troy

Ltd.

(a)

331

37,439

Hilton

Grand

Vacations,

Inc.

(a)

1,099

52,049

Hyatt

Hotels

Corp.,

Class

A

(a)

668

72,892

Installed

Building

Products,

Inc.

322

35,449

KB

Home

1,147

44,102

Kohl's

Corp.

1,613

52,213

Kontoor

Brands,

Inc.

688

32,859

Krispy

Kreme,

Inc.

(b)

965

11,773

Laureate

Education,

Inc.,

Class

A

1,843

20,236

LCI

Industries

(b)

362

40,624

Leggett

&

Platt,

Inc.

1,839

67,234

Leslie's,

Inc.

(a)

2,059

31,894

LGI

Homes,

Inc.

(a)(b)

283

32,220

Life

Time

Group

Holdings,

Inc.

(a)

791

14,863

Light

&

Wonder,

Inc.

(a)

1,301

84,890

Lithia

Motors,

Inc.,

Class

A

385

101,332

Luminar

Technologies,

Inc.,

Class

A

(a)(b)

3,254

21,704

Macy's,

Inc.

3,807

89,959

Marriott

Vacations

Worldwide

Corp.

532

85,141

MDC

Holdings,

Inc.

816

30,812

Meritage

Homes

Corp.

(a)

507

54,599

Mister

Car

Wash,

Inc.

(a)(b)

1,077

11,061

Mohawk

Industries,

Inc.

(a)

741

88,964

National

Vision

Holdings,

Inc.

(a)

1,092

44,881

Newell

Brands,

Inc.

5,303

84,636

Nordstrom,

Inc.

(b)

1,548

30,248

ODP

Corp.

(The)

(a)

567

29,257

Ollie's

Bargain

Outlet

Holdings,

Inc.

(a)

832

45,560

Papa

John's

International,

Inc.

457

40,988

Peloton

Interactive,

Inc.,

Class

A

(a)

4,369

56,491

Penn

Entertainment,

Inc.

(a)

2,153

76,324

Petco

Health

&

Wellness

Co.,

Inc.,

Class

A

(a)

1,097

12,824

Planet

Fitness,

Inc.,

Class

A

(a)

1,159

98,109

Polaris,

Inc.

757

86,934

PVH

Corp.

904

81,270

QuantumScape

Corp.,

Class

A

(a)(b)

3,950

33,615

Ralph

Lauren

Corp.,

Class

A

569

70,471

Red

Rock

Resorts,

Inc.,

Class

A

699

31,462

RH

(a)(b)

271

84,549

SeaWorld

Entertainment,

Inc.

(a)

545

34,003

Shake

Shack,

Inc.,

Class

A

(a)

525

29,862

Signet

Jewelers

Ltd.

652

50,080

Six

Flags

Entertainment

Corp.

(a)(b)

1,041

27,951

Skechers

USA,

Inc.,

Class

A

(a)

1,863

89,703

Skyline

Champion

Corp.

(a)

754

44,448

Sonos

,

Inc.

(a)

1,829

33,727

Steven

Madden

Ltd.

1,053

37,750

Sweetgreen

,

Inc.,

Class

A

(a)

1,048

10,868

Taylor

Morrison

Home

Corp.,

Class

A

(a)

1,500

53,700

Tempur

Sealy

International,

Inc.

2,374

96,741

Texas

Roadhouse,

Inc.,

Class

A

929

93,299

Thor

Industries,

Inc.

(b)

744

70,926

Toll

Brothers,

Inc.

1,462

86,974

TopBuild

Corp.

(a)

444

88,827

Topgolf

Callaway

Brands

Corp.

(a)

1,916

46,923

Travel

+

Leisure

Co.

1,124

47,624

Under

Armour

,

Inc.,

Class

A

(a)

2,594

32,140

11

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Consumer

Discretionary

–

14.4%

(continued)

Under

Armour

,

Inc.,

Class

C

(a)

2,839

30,945

Urban

Outfitters,

Inc.

(a)

823

22,542

Victoria's

Secret

&

Co.

(a)

1,125

47,419

Visteon

Corp.

(a)

389

60,816

Wayfair,

Inc.,

Class

A

(a)(b)

1,101

66,611

Wendy's

Co.

(The)

2,361

52,650

Wingstop

,

Inc.

(b)

414

65,607

YETI

Holdings,

Inc.

(a)

1,194

53,443

5,562,947

Consumer

Staples

–

3.4%

Bellring

Brands,

Inc.

(a)

1,930

54,735

Boston

Beer

Co.,

Inc.

(The),

Class

A

(a)

131

50,908

Cal-Maine

Foods,

Inc.

526

30,098

Celsius

Holdings,

Inc.

(a)(b)

560

56,179

Central

Garden

&

Pet

Co.

(a)

128

5,368

Central

Garden

&

Pet

Co.,

Class

A

(a)

575

22,787

Coca-Cola

Consolidated,

Inc.

65

32,941

Coty,

Inc.,

Class

A

(a)

5,195

51,742

Edgewell

Personal

Care

Co.

714

30,602

Elf

Beauty,

Inc.

(a)

695

39,997

Energizer

Holdings,

Inc.

926

34,355

Flowers

Foods,

Inc.

2,692

74,541

Freshpet

,

Inc.

(a)

682

43,191

Grocery

Outlet

Holding

Corp.

(a)

1,235

37,532

Herbalife

Nutrition

Ltd.

(a)(b)

1,406

24,703

Hostess

Brands,

Inc.,

Class

A

(a)

1,854

42,883

Ingredion,

Inc.

917

94,268

Inter

Parfums

,

Inc.

249

29,437

J&J

Snack

Foods

Corp.

206

29,520

Lancaster

Colony

Corp.

274

52,583

Mgp

Ingredients,

Inc.

211

20,581

National

Beverage

Corp.

(a)

318

14,056

Nu

Skin

Enterprises,

Inc.,

Class

A

680

29,158

Olaplex

Holdings,

Inc.

(a)

1,114

7,029

Pilgrim's

Pride

Corp.

(a)

612

14,859

Post

Holdings,

Inc.

(a)

759

72,067

PriceSmart

,

Inc.

355

26,380

Reynolds

Consumer

Products,

Inc.

(b)

780

23,221

Seaboard

Corp.

3

11,762

Simply

Good

Foods

Co.

(The)

(a)

1,164

42,253

Spectrum

Brands

Holdings,

Inc.

562

38,149

Sprouts

Farmers

Market,

Inc.

(a)

1,486

47,478

TreeHouse

Foods,

Inc.

(a)

696

33,707

United

Natural

Foods,

Inc.

(a)

811

33,754

WD-40

Co.

195

34,035

Weis

Markets,

Inc.

232

20,031

1,306,890

Energy

–

4.1%

Antero

Midstream

Corp.

4,752

51,797

Arch

Resources,

Inc.

252

37,301

Cactus,

Inc.,

Class

A

867

46,913

California

Resources

Corp.

1,015

43,371

Callon

Petroleum

Co.

(a)(b)

711

30,253

Championx

Corp.

2,767

91,366

Chord

Energy

Corp.

578

82,845

Civitas

Resources,

Inc.

740

49,247

CNX

Resources

Corp.

(a)(b)

2,494

41,725

Comstock

Resources,

Inc.

1,309

15,904

Consol

Energy,

Inc.

455

26,313

CVR

Energy,

Inc.

396

13,147

Delek

US

Holdings,

Inc.

963

25,770

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Energy

–

4.1%

(continued)

Denbury,

Inc.

(a)

691

59,965

DT

Midstream,

Inc.

1,343

73,408

Enviva

,

Inc.

(b)

432

19,647

Equitrans

Midstream

Corp.

6,179

44,798

Helmerich

&

Payne,

Inc.

1,460

70,722

Highpeak

Energy,

Inc.

(b)

173

4,837

International

Seaways,

Inc.

553

21,479

Kosmos

Energy

Ltd.

(a)

6,523

51,597

Liberty

Energy,

Inc.,

Class

A

2,134

33,781

Magnolia

Oil

&

Gas

Corp.,

Class

A

(b)

2,311

54,563

NexTier

Oilfield

Solutions,

Inc.

(a)

2,246

21,157

Northern

Oil

And

Gas,

Inc.

968

32,447

Patterson-UTI

Energy,

Inc.

3,001

50,417

PBF

Energy,

Inc.,

Class

A

1,583

66,470

PDC

Energy,

Inc.

1,279

86,627

Peabody

Energy

Corp.

(a)(b)

1,613

44,987

Permian

Resources

Corp.,

Class

A

2,897

31,490

RPC,

Inc.

1,171

11,616

SM

Energy

Co.

1,703

55,978

Transocean

Ltd.

(a)

9,308

62,736

Valaris

Ltd.

(a)

832

60,437

Weatherford

International

PLC

(a)

892

50,737

1,565,848

Financials

–

15.4%

Affiliated

Managers

Group,

Inc.

522

90,170

AGNC

Investment

Corp.

(b)(c)

8,034

93,194

American

Equity

Investment

Life

Holding

Co.

960

45,744

Ameris

Bancorp

929

43,812

Arbor

Realty

Trust,

Inc.

(c)

2,463

36,773

Artisan

Partners

Asset

Management,

Inc.,

Class

A

957

35,237

Associated

Banc-Corp.

2,091

46,859

Assured

Guaranty

Ltd.

843

52,772

Atlantic

Union

Bankshares

Corp.

1,040

40,238

Axis

Capital

Holdings

Ltd.

1,075

67,263

Axos

Financial,

Inc.

(a)

738

35,513

BancFirst

Corp.

250

21,532

Bank

of

Hawaii

Corp.

554

42,375

Bank

OZK

1,534

70,058

BankUnited

,

Inc.

1,068

40,199

Banner

Corp.

471

30,535

Blackstone

Mortgage

Trust,

Inc.,

Class

A

(b)(c)

2,368

56,453

Blue

Owl

Capital,

Inc.,

Class

A

(b)

4,913

61,805

Bread

Financial

Holdings,

Inc.

712

29,213

Brighthouse

Financial,

Inc.

(a)

958

53,907

Cadence

Bank

2,531

64,743

Cannae

Holdings,

Inc.

(a)

1,033

25,246

Cathay

General

Bancorp

1,030

45,279

Claros

Mortgage

Trust,

Inc.

1,678

28,090

CNO

Financial

Group,

Inc.

1,579

40,675

Cohen

&

Steers,

Inc.

345

25,347

Columbia

Banking

System,

Inc.

1,085

33,537

Columbia

Financial,

Inc.

(a)

475

9,429

Community

Bank

System,

Inc.

743

42,878

Credit

Acceptance

Corp.

(a)(b)

84

38,862

CVB

Financial

Corp.

1,845

44,686

Eastern

Bankshares

,

Inc.

2,223

35,946

Enact

Holdings,

Inc.

424

10,664

Enstar

Group

Ltd.

(a)

195

47,248

Essent

Group

Ltd.

1,493

65,737

Evercore

,

Inc.,

Class

A

495

64,256

12

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Financials

–

15.4%

(continued)

Federated

Hermes,

Inc.,

Class

B

1,169

45,942

First

American

Financial

Corp.

1,437

88,907

First

Bancorp

2,549

34,284

First

Financial

Bancorp

1,308

33,132

First

Financial

Bankshares

,

Inc.

1,800

64,116

First

Hawaiian,

Inc.

1,822

49,996

First

Interstate

BancSystem

,

Inc.,

Class

A

1,230

44,132

First

Merchants

Corp.

845

36,031

Firstcash

Holdings,

Inc.

519

47,841

FNB

Corp.

4,865

69,424

Focus

Financial

Partners,

Inc.,

Class

A

(a)

823

37,158

Freedom

Holding

Corp.

(a)

234

15,070

Fulton

Financial

Corp.

2,379

39,801

Glacier

Bancorp,

Inc.

1,538

70,117

Hamilton

Lane,

Inc.,

Class

A

501

39,008

Hancock

Whitney

Corp.

1,188

61,158

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

(c)

1,264

46,654

Hanover

Insurance

Group,

Inc.

(The)

498

67,021

Heartland

Financial

USA,

Inc.

542

26,813

Hilltop

Holdings,

Inc.

642

20,993

Home

Bancshares,

Inc.

2,630

62,778

Houlihan

Lokey

,

Inc.,

Class

A

692

68,556

Independent

Bank

Corp.

632

50,364

Independent

Bank

Group,

Inc.

489

29,976

International

Bancshares

Corp.

728

34,121

Jackson

Financial,

Inc.,

Class

A

814

35,849

Janus

Henderson

Group

PLC

1,835

47,563

Kemper

Corp.

884

51,917

Lakeland

Financial

Corp.

350

24,748

MGIC

Investment

Corp.

4,114

58,090

Moelis

&

Co.,

Class

A

883

41,280

Mr

Cooper

Group,

Inc.

(a)

976

44,886

Navient

Corp.

1,454

27,582

Nelnet,

Inc.,

Class

A

249

23,777

New

York

Community

Bancorp,

Inc.

9,445

94,356

Old

National

Bancorp

4,065

71,137

OneMain

Holdings,

Inc.,

Class

A

1,695

73,122

Pacific

Premier

Bancorp,

Inc.

1,316

42,559

PacWest

Bancorp

1,676

46,358

Palomar

Holdings,

Inc.

(a)

344

17,582

Park

National

Corp.

200

25,050

PennyMac

Financial

Services,

Inc.

(b)

412

27,777

Pinnacle

Financial

Partners,

Inc.

1,061

83,532

Popular,

Inc.

1,009

69,258

Primerica,

Inc.

512

82,816

Prosperity

Bancshares,

Inc.

1,276

96,797

Radian

Group,

Inc.

2,171

47,979

RenaissanceRe

Holdings

Ltd.

607

118,784

Rithm

Capital

Corp.

(c)

6,658

62,652

RLI

Corp.

566

74,967

Ryan

Specialty

Holdings,

Inc.,

Class

A

(a)(b)

1,182

50,377

Selective

Insurance

Group,

Inc.

838

79,610

ServisFirst

Bancshares,

Inc.

695

47,385

Silvergate

Capital

Corp.,

Class

A

(a)(b)

446

6,351

Simmons

First

National

Corp.,

Class

A

1,754

39,132

SLM

Corp.

3,468

60,933

SoFi

Technologies,

Inc.

(a)(b)

11,616

80,499

SouthState

Corp.

1,052

83,739

Starwood

Property

Trust,

Inc.

(b)(c)

4,299

89,806

Stifel

Financial

Corp.

1,477

99,565

Stock

Yards

Bancorp,

Inc.

420

25,183

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Financials

–

15.4%

(continued)

Synovus

Financial

Corp.

2,020

84,739

Texas

Capital

Bancshares,

Inc.

(a)

711

46,976

TFS

Financial

Corp.

676

9,633

Towne

Bank

941

28,672

Tpg

,

Inc.,

Class

A

(b)

701

22,579

Tradeweb

Markets,

Inc.,

Class

A

1,557

116,059

Trupanion

,

Inc.

(a)

493

29,097

Trustmark

Corp.

839

24,432

UMB

Financial

Corp.

602

54,294

Umpqua

Holdings

Corp.

3,008

54,746

United

Bankshares

,

Inc.

(b)

1,869

75,134

United

Community

Banks,

Inc.

1,472

47,899

Upstart

Holdings,

Inc.

(a)(b)

1,016

18,979

Valley

National

Bancorp

5,831

69,272

Virtu

Financial,

Inc.,

Class

A

1,278

24,678

Voya

Financial,

Inc.

1,367

95,376

Walker

&

Dunlop,

Inc.

424

40,441

Washington

Federal,

Inc.

934

33,120

WesBanco

,

Inc.

827

30,740

White

Mountains

Insurance

Group

Ltd.

36

55,007

Wintrust

Financial

Corp.

844

77,201

WSFS

Financial

Corp.

851

41,112

5,932,852

Health

Care

–

12.3%

10x

Genomics,

Inc.,

Class

A

(a)

1,363

63,829

Abcellera

Biologics,

Inc.

(a)

2,878

30,305

ACADIA

Pharmaceuticals,

Inc.

(a)

1,697

32,294

Agiliti

,

Inc.

(a)

493

9,096

Alkermes

PLC

(a)

2,276

65,185

Amedisys

,

Inc.

(a)

465

44,947

Amicus

Therapeutics,

Inc.

(a)

3,569

46,540

AMN

Healthcare

Services,

Inc.

(a)

602

57,696

Amylyx

Pharmaceuticals,

Inc.

(a)(b)

544

21,319

Apellis

Pharmaceuticals,

Inc.

(a)

1,303

68,707

Apollo

Medical

Holdings,

Inc.

(a)(b)

552

19,673

Arrowhead

Pharmaceuticals,

Inc.

(a)

1,464

51,225

Arvinas

,

Inc.

(a)

666

21,825

AtriCure

,

Inc.

(a)

641

27,742

Axonics

,

Inc.

(a)

703

43,164

Azenta

,

Inc.

(a)

1,040

58,136

Beam

Therapeutics,

Inc.

(a)(b)

821

35,672

Blueprint

Medicines

Corp.

(a)

851

39,776

Cerevel

Therapeutics

Holdings,

Inc.

(a)(b)

899

30,701

Certara

,

Inc.

(a)

1,486

28,828

CONMED

Corp.

(b)

434

41,560

Corcept

Therapeutics,

Inc.

(a)

1,360

31,090

Corvel

Corp.

(a)

126

22,448

CRISPR

Therapeutics

AG

(a)

1,114

56,836

Cytokinetics,

Inc.

(a)

1,349

57,306

Denali

Therapeutics,

Inc.

(a)

1,522

46,071

Doximity

,

Inc.,

Class

A

(a)(b)

1,578

55,656

Elanco

Animal

Health,

Inc.

(a)

6,260

85,950

Encompass

Health

Corp.

1,386

86,556

Enovis

Corp.

(a)

657

41,358

Ensign

Group,

Inc.

(The)

769

71,709

Envista

Holdings

Corp.

(a)

2,263

88,234

EQRx

,

Inc.

(a)

3,245

7,950

Evolent

Health,

Inc.,

Class

A

(a)

1,272

40,984

Exact

Sciences

Corp.

(a)

2,470

166,774

Exelixis

,

Inc.

(a)

4,476

78,867

Fate

Therapeutics,

Inc.

(a)

1,166

6,949

13

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Health

Care

–

12.3%

(continued)

Glaukos

Corp.

(a)

676

33,158

Globus

Medical,

Inc.,

Class

A

(a)

1,075

81,163

Guardant

Health,

Inc.

(a)

1,420

44,631

Haemonetics

Corp.

(a)

701

59,305

Halozyme

Therapeutics,

Inc.

(a)

1,880

97,328

Harmony

Biosciences

Holdings,

Inc.

(a)

408

19,653

HealthEquity

,

Inc.

(a)

1,173

71,377

ICU

Medical,

Inc.

(a)(b)

286

55,264

Inari

Medical,

Inc.

(a)

686

39,136

Insmed

,

Inc.

(a)

1,891

40,713

Inspire

Medical

Systems,

Inc.

(a)

402

101,730

Integer

Holdings

Corp.

(a)

456

30,009

Integra

LifeSciences

Holdings

Corp.

(a)

1,007

57,701

Intellia

Therapeutics,

Inc.

(a)

1,181

50,122

Intra-Cellular

Therapies,

Inc.

(a)

1,221

58,510

Ionis

Pharmaceuticals,

Inc.

(a)

1,972

78,624

iRhythm

Technologies,

Inc.

(a)

417

40,991

Iveric

Bio,

Inc.

(a)

1,758

40,610

Lantheus

Holdings,

Inc.

(a)

952

54,740

Lifestance

Health

Group,

Inc.

(a)

1,324

6,991

LivaNova

PLC

(a)

760

42,712

Maravai

Lifesciences

Holdings,

Inc.,

Class

A

(a)

1,558

22,840

Masimo

Corp.

(a)

672

114,294

Medpace

Holdings,

Inc.

(a)

350

77,375

Merit

Medical

Systems,

Inc.

(a)

789

56,295

Mirati

Therapeutics,

Inc.

(a)(b)

723

38,615

Multiplan

Corp.

(a)(b)

3,326

4,390

Myovant

Sciences

Ltd.

(a)

593

15,940

Natera

,

Inc.

(a)

1,511

64,867

Neogen

Corp.

(a)

2,990

64,016

NuVasive

,

Inc.

(a)

718

32,741

Oak

Street

Health,

Inc.

(a)(b)

1,610

46,787

Omnicell

,

Inc.

(a)

631

35,002

Option

Care

Health,

Inc.

(a)

2,144

61,897

Pacira

BioSciences

,

Inc.

(a)

632

24,819

Patterson

Cos.,

Inc.

1,203

36,319

Penumbra,

Inc.

(a)

529

132,467

Perrigo

Co.

PLC

1,866

69,826

Premier,

Inc.,

Class

A

1,645

54,877

Prestige

Consumer

Healthcare,

Inc.

(a)

689

45,309

Privia

Health

Group,

Inc.

(a)

705

19,063

Progyny

,

Inc.

(a)

1,042

35,834

Prometheus

Biosciences,

Inc.

(a)

478

54,329

PTC

Therapeutics,

Inc.

(a)

1,026

47,083

Quidelortho

Corp.

(a)

742

63,523

Relay

Therapeutics,

Inc.

(a)(b)

1,253

26,889

Roivant

Sciences

Ltd.

(a)

1,459

12,110

Sage

Therapeutics,

Inc.

(a)

727

32,235

Select

Medical

Holdings

Corp.

1,473

42,820

Signify

Health,

Inc.,

Class

A

(a)

987

28,090

Sotera

Health

Co.

(a)

1,347

23,222

STAAR

Surgical

Co.

(a)(b)

687

48,468

Surgery

Partners,

Inc.

(a)

892

29,614

Syneos

Health,

Inc.,

Class

A

(a)

1,425

51,186

Tandem

Diabetes

Care,

Inc.

(a)

911

37,114

Teladoc

Health,

Inc.

(a)

2,245

66,003

Tenet

Healthcare

Corp.

(a)

1,518

83,262

Tilray

Brands,

Inc.

(a)(b)

8,573

27,777

Ultragenyx

Pharmaceutical,

Inc.

(a)

969

43,925

Vaxcyte

,

Inc.

(a)

873

39,591

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Health

Care

–

12.3%

(continued)

Vir

Biotechnology,

Inc.

(a)

1,066

31,500

4,729,740

Industrials

–

18.1%

AAON,

Inc.

582

44,418

ABM

Industries,

Inc.

915

42,923

Acuity

Brands,

Inc.

447

84,268

Aerojet

Rocketdyne

Holdings,

Inc.

(a)

1,057

59,107

AeroVironment

,

Inc.

(a)

347

30,873

Air

Lease

Corp.,

Class

A

1,430

64,307

Air

Transport

Services

Group,

Inc.

(a)

779

22,053

Alaska

Air

Group,

Inc.

(a)

1,761

90,410

Albany

International

Corp.,

Class

A

430

48,224

Alight,

Inc.,

Class

A

(a)

3,840

36,058

Allison

Transmission

Holdings,

Inc.

1,299

58,559

Altra

Industrial

Motion

Corp.

926

56,551

API

Group

Corp.

(a)

2,848

63,339

Applied

Industrial

Technologies,

Inc.

535

76,617

Arcosa

,

Inc.

669

39,652

Armstrong

World

Industries,

Inc.

632

48,923

ASGN,

Inc.

(a)

692

62,937

Atkore

,

Inc.

(a)

574

74,763

Atlas

Air

Worldwide

Holdings,

Inc.

(a)

357

36,489

Azek

Co.,

Inc.

(The),

Class

A

(a)

1,509

36,412

Beacon

Roofing

Supply,

Inc.

(a)

723

41,124

Bloom

Energy

Corp.,

Class

A

(a)

2,537

63,247

Boise

Cascade

Co.

545

40,859

Brady

Corp.,

Class

A

638

34,114

Brink's

Co.

(The)

642

42,115

BWX

Technologies,

Inc.

1,266

77,049

CACI

International,

Inc.,

Class

A

(a)

327

100,745

Casella

Waste

Systems,

Inc.,

Class

A

(a)

702

56,244

CBIZ,

Inc.

(a)

716

34,074

ChargePoint

Holdings,

Inc.

(a)(b)

3,716

45,112

Clean

Harbors,

Inc.

(a)

698

90,949

Comfort

Systems

USA,

Inc.

496

60,036

Core

&

Main,

Inc.,

Class

A

(a)

1,017

22,445

Crane

Holdings

Co.

662

76,732

Curtiss-Wright

Corp.

533

88,371

Donaldson

Co.,

Inc.

1,713

106,806

Driven

Brands

Holdings,

Inc.

(a)

799

23,323

Dun

&

Bradstreet

Holdings,

Inc.

3,011

44,111

Dycom

Industries,

Inc.

(a)

407

38,816

EMCOR

Group,

Inc.

668

99,031

Encore

Wire

Corp.

253

40,842

EnerSys

564

46,823

EnPro

Industries,

Inc.

287

34,747

Esab

Corp.

713

41,219

Evoqua

Water

Technologies

Corp.

(a)

1,686

81,788

Exponent,

Inc.

702

71,983

Federal

Signal

Corp.

859

45,742

First

Advantage

Corp.

(a)

795

11,035

Flowserve

Corp.

1,811

62,335

Fluor

Corp.

(a)(b)

1,971

72,434

Forward

Air

Corp.

367

39,581

Franklin

Electric

Co.,

Inc.

552

49,846

Frontier

Group

Holdings,

Inc.

(a)

521

6,554

FTI

Consulting,

Inc.

(a)

479

76,410

Gates

Industrial

Corp.

PLC

(a)

1,466

19,366

GATX

Corp.

488

55,852

Gms

,

Inc.

(a)

585

34,702

GXO

Logistics,

Inc.

(a)

1,672

87,496

14

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Industrials

–

18.1%

(continued)

Hayward

Holdings,

Inc.

(a)

1,410

19,021

Helios

Technologies,

Inc.

462

30,492

Herc

Holdings,

Inc.

343

53,275

Hexcel

Corp.

1,168

82,437

Hillenbrand,

Inc.

963

45,126

Hub

Group,

Inc.,

Class

A

(a)

451

38,457

IAA,

Inc.

(a)

1,857

77,493

Icf

International,

Inc.

244

24,934

Insperity

,

Inc.

494

54,612

ITT,

Inc.

1,149

105,237

JetBlue

Airways

Corp.

(a)

4,575

36,600

Joby

Aviation

Inc.

(a)(b)

4,080

18,034

John

Bean

Technologies

Corp.

453

50,614

Kadant

,

Inc.

161

32,807

KBR,

Inc.

1,906

97,644

Kennametal,

Inc.

1,109

31,606

Kirby

Corp.

(a)

830

58,747

Korn

Ferry

738

39,845

Landstar

System,

Inc.

502

86,761

Legalzoom.com,

Inc.

(a)

1,366

11,584

Lyft,

Inc.,

Class

A

(a)

4,419

71,809

ManpowerGroup

,

Inc.

704

61,361

MasTec

,

Inc.

(a)

817

80,254

Matson,

Inc.

521

34,449

McGrath

RentCorp

336

33,445

MDU

Resources

Group,

Inc.

2,825

87,321

Mercury

Systems,

Inc.

(a)

802

40,088

Moog,

Inc.,

Class

A

414

39,462

MSA

Safety,

Inc.

512

69,832

MSC

Industrial

Direct

Co.,

Inc.,

Class

A

656

54,251

Mueller

Industries,

Inc.

795

52,112

Nv5

Global,

Inc.

(a)

172

22,926

nVent

Electric

PLC

2,314

91,981

Oshkosh

Corp.

907

91,407

Parsons

Corp.

(a)

469

20,411

Resideo

Technologies,

Inc.

(a)

2,080

39,998

Rocket

Lab

USA,

Inc.

(a)

3,036

15,089

Rush

Enterprises,

Inc.,

Class

A

597

32,125

Rush

Enterprises,

Inc.,

Class

B

110

6,399

Ryder

System,

Inc.

704

66,465

Saia,

Inc.

(a)

367

100,110

Schneider

National,

Inc.,

Class

B

533

14,124

Science

Applications

International

Corp.

765

79,392

Sensata

Technologies

Holding

PLC

2,148

109,226

Simpson

Manufacturing

Co.,

Inc.

590

63,195

SiteOne

Landscape

Supply,

Inc.

(a)

626

94,845

Spirit

AeroSystems

Holdings,

Inc.,

Class

A

1,496

54,080

Spirit

Airlines,

Inc.

1,566

31,069

SPX

Technologies,

Inc.

(a)

625

46,881

Stericycle,

Inc.

(a)

1,279

68,823

Sterling

Check

Corp.

(a)(b)

327

4,562

SunPower

Corp.,

Class

A

(a)

1,209

21,073

Sunrun

,

Inc.

(a)

2,960

77,789

Terex

Corp.

934

47,606

Timken

Co.

(The)

918

75,597

Trex

Co.,

Inc.

(a)

1,523

80,293

TriNet

Group,

Inc.

(a)

500

37,725

Trinity

Industries,

Inc.

1,123

32,309

Triton

International

Ltd.

826

58,349

UFP

Industries,

Inc.

861

80,547

UniFirst

Corp.

216

42,863

Univar

Solutions,

Inc.

(a)

2,287

78,856

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Industrials

–

18.1%

(continued)

Valmont

Industries,

Inc.

298

98,260

Vertiv

Holdings

Co.,

Class

A

4,184

59,496

Watts

Water

Technologies,

Inc.,

Class

A

378

61,811

Werner

Enterprises,

Inc.

815

38,281

WESCO

International,

Inc.

(a)

622

92,684

Woodward,

Inc.

835

85,387

Xpo

,

Inc.

(a)

1,596

63,617

Zurn

Elkay

Water

Solutions

Corp.

2,019

44,135

6,990,437

Information

Technology

–

13.9%

ACI

Worldwide,

Inc.

(a)

1,550

43,291

Advanced

Energy

Industries,

Inc.

517

47,947

Affirm

Holdings,

Inc.,

Class

A

(a)(b)

2,946

47,696

Alarm.com

Holdings,

Inc.

(a)

707

37,895

Allegro

Microsystems,

Inc.

(a)

915

34,926

Altair

Engineering,

Inc.,

Class

A

(a)

742

39,400

Alteryx

,

Inc.,

Class

A

(a)

867

48,110

Ambarella

,

Inc.

(a)

503

45,189

Amkor

Technology,

Inc.

1,430

41,842

Appfolio

,

Inc.,

Class

A

(a)

269

30,217

Appian

Corp.,

Class

A

(a)

583

24,116

AppLovin

Corp.,

Class

A

(a)

1,682

21,361

Asana,

Inc.,

Class

A

(a)

1,062

16,461

Avnet,

Inc.

1,268

58,176

Badger

Meter,

Inc.

405

46,939

Belden,

Inc.

591

47,924

Blackbaud

,

Inc.

(a)

637

39,628

Blackline,

Inc.

(a)

772

55,430

Box,

Inc.,

Class

A

(a)

1,972

63,084

Calix,

Inc.

(a)

789

41,533

CCC

Intelligent

Solutions

Holdings,

Inc.

(a)

1,543

14,273

Cirrus

Logic,

Inc.

(a)

763

68,968

Clear

Secure,

Inc.,

Class

A

1,054

33,085

Coherent

Corp.

(a)

1,950

84,630

CommVault

Systems,

Inc.

(a)

615

38,271

Confluent,

Inc.,

Class

A

(a)

2,128

49,157

Coupa

Software,

Inc.

(a)

1,053

84,156

CSG

Systems

International,

Inc.

417

24,882

Cvent

Holding

Corp.,

Class

A

(a)

871

7,029

Digitalocean

Holdings,

Inc.

(a)(b)

836

24,537

Diodes,

Inc.

(a)

630

56,190

Dolby

Laboratories,

Inc.,

Class

A

854

67,944

Doubleverify

Holdings,

Inc.,

Class

Rights

(a)

1,055

28,685

Dropbox,

Inc.,

Class

A

(a)

3,745

86,996

E2open

Parent

Holdings,

Inc.

(a)(b)

2,339

16,139

Elastic

NV

(a)

1,085

63,841

Engagesmart

,

Inc.

(a)

395

7,781

Envestnet

,

Inc.

(a)

786

51,090

Euronet

Worldwide,

Inc.

(a)

653

73,580

EVERTEC,

Inc.

936

34,576

ExlService

Holdings,

Inc.

(a)

458

78,135

Extreme

Networks,

Inc.

(a)

1,814

32,706

Fabrinet

(a)

508

66,883

Five9,

Inc.

(a)

991

78,071

Flywire

Corp.

(a)

866

23,356

Gitlab

,

Inc.,

Class

A

(a)(b)

830

41,010

Guidewire

Software,

Inc.

(a)

1,151

84,299

Impinj

,

Inc.

(a)

293

38,025

Informatica

,

Inc.,

Class

A

(a)

551

9,808

Insight

Enterprises,

Inc.

(a)

420

47,342

Instructure

Holdings,

Inc.

(a)

224

6,055

15

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

13.9%

(continued)

IPG

Photonics

Corp.

(a)

445

49,884

Itron

,

Inc.

(a)

644

37,011

Jamf

Holding

Corp.

(a)(b)

628

12,478

JFrog

Ltd.

(a)

839

21,571

Kulicke

&

Soffa

Industries,

Inc.

821

41,953

Kyndryl

Holdings,

Inc.

(a)

2,872

38,456

Lattice

Semiconductor

Corp.

(a)

1,906

144,456

Littelfuse

,

Inc.

343

88,045

Lumentum

Holdings,

Inc.

(a)

944

56,810

MACOM

Technology

Solutions

Holdings,

Inc.

(a)

707

47,383

Marqeta

,

Inc.,

Class

A

(a)

6,100

40,443

MAXIMUS,

Inc.

839

62,799

MaxLinear

,

Inc.,

Class

A

(a)

1,019

41,983

Microstrategy

,

Inc.,

Class

A

(a)(b)

135

33,984

MKS

Instruments,

Inc.

793

81,140

National

Instruments

Corp.

1,812

97,848

nCino

,

Inc.

(a)

1,091

31,203

NCR

Corp.

(a)

1,959

53,716

NetScout

Systems,

Inc.

(a)

970

31,137

New

Relic,

Inc.

(a)

823

50,244

Novanta

,

Inc.

(a)

495

79,928

Nutanix

,

Inc.,

Class

A

(a)

3,233

90,104

Onto

Innovation,

Inc.

(a)

687

54,033

PagerDuty

,

Inc.

(a)

1,125

33,514

Paycor

HCM,

Inc.

(a)

665

16,698

Pegasystems

,

Inc.

563

21,889

Perficient

,

Inc.

(a)

495

36,699

Plexus

Corp.

(a)

383

36,764

Power

Integrations,

Inc.

792

68,183

PowerSchool

Holdings,

Inc.,

Class

A

(a)

446

10,044

Progress

Software

Corp.

592

31,400

Q2

Holdings,

Inc.

(a)

819

26,798

Qualtrics

International,

Inc.,

Class

A

(a)

1,530

24,128

Qualys

,

Inc.

(a)

478

55,142

Rambus,

Inc.

(a)

1,489

60,260

Rapid7,

Inc.

(a)

844

33,650

Remitly

Global,

Inc.

(a)

1,322

15,943

RingCentral,

Inc.,

Class

A

(a)

1,069

41,723

Sabre

Corp.

(a)(b)

4,653

31,687

Sanmina

Corp.

(a)

801

48,805

SentinelOne

,

Inc.,

Class

A

(a)

2,941

44,380

Shift4

Payments,

Inc.,

Class

A

(a)

739

47,326

Silicon

Laboratories,

Inc.

(a)

463

72,649

SiTime

Corp.

(a)

221

25,466

Smartsheet

,

Inc.,

Class

A

(a)

1,812

78,296

Sprout

Social,

Inc.,

Class

A

(a)

675

43,180

SPS

Commerce,

Inc.

(a)

499

67,904

Squarespace,

Inc.,

Class

A

(a)

591

14,018

Super

Micro

Computer,

Inc.

(a)

637

46,074

Synaptics

,

Inc.

(a)

564

70,517

Tenable

Holdings,

Inc.

(a)

1,560

62,759

Teradata

Corp.

(a)

1,410

49,181

Thoughtworks

Holding,

Inc.

(a)

917

9,904

TTEC

Holdings,

Inc.

268

13,625

UiPath

,

Inc.,

Class

A

(a)

4,930

75,725

Universal

Display

Corp.

603

79,916

Varonis

Systems,

Inc.,

Class

B

(a)

1,564

40,414

Verint

Systems,

Inc.

(a)

915

34,743

Verra

Mobility

Corp.,

Class

A

(a)

1,919

29,610

Viasat

,

Inc.

(a)

1,071

36,896

Viavi

Solutions,

Inc.

(a)

3,123

35,290

Vishay

Intertechnology

,

Inc.

1,791

40,996

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

13.9%

(continued)

Vontier

Corp.

2,184

50,297

Western

Union

Co.

(The)

5,360

75,951

Workiva

,

Inc.,

Class

A

(a)

633

54,773

Xerox

Holdings

Corp.

1,612

26,405

5,358,896

Materials

–

6.0%

Alpha

Metallurgical

Resources,

Inc.

200

32,186

Arconic

Corp.

(a)

1,431

33,643

Ashland,

Inc.

698

76,271

ATI,

Inc.

(a)

1,793

65,247

Avient

Corp.

1,183

47,935

Axalta

Coating

Systems

Ltd.

(a)

3,063

92,196

Balchem

Corp.

446

58,261

Berry

Global

Group,

Inc.

1,751

108,089

Cabot

Corp.

780

58,757

Chemours

Co.

(The)

2,092

76,128

Commercial

Metals

Co.

1,630

88,460

Eagle

Materials,

Inc.

512

74,793

Element

Solutions,

Inc.

3,121

63,918

Ginkgo

Bioworks

Holdings,

Inc.

(a)

12,548

24,469

Graphic

Packaging

Holding

Co.

4,267

102,792

Greif,

Inc.,

Class

A

361

25,786

Greif,

Inc.,

Class

B

82

6,757

HB

Fuller

Co.

755

52,171

Hecla

Mining

Co.

7,983

49,255

Huntsman

Corp.

2,506

79,415

Ingevity

Corp.

(a)

486

40,066

Innospec

,

Inc.

355

40,122

Livent

Corp.

(a)(b)

2,487

64,463

Louisiana-Pacific

Corp.

994

67,682

Minerals

Technologies,

Inc.

460

31,947

MP

Materials

Corp.

(a)

1,276

41,483

NewMarket

Corp.

93

32,039

O-I

Glass,

Inc.,

Class

I

(a)

2,141

41,214

Quaker

Chemical

Corp.

(b)

187

36,815

Royal

Gold,

Inc.

921

116,995

Scotts

Miracle-GRO

Co.

(The)

(b)

558

40,282

Sensient

Technologies

Corp.

598

45,263

Silgan

Holdings,

Inc.

1,170

63,051

Sonoco

Products

Co.

1,353

82,682

Stepan

Co.

294

32,293

Summit

Materials,

Inc.,

Class

A

(a)

1,640

53,890

Sylvamo

Corp.

468

22,244

Tronox

Holdings

PLC,

Class

A

1,579

27,080

U.S.

Steel

Corp.

3,288

93,675

Valvoline,

Inc.

2,458

90,110

Worthington

Industries,

Inc.

435

24,738

2,304,663

Real

Estate

–

6.0%

Agree

Realty

Corp.

(c)

1,243

92,765

Apartment

Income

REIT

Corp.

(c)

2,090

79,963

Apple

Hospitality

REIT,

Inc.

(c)

2,945

52,215

Broadstone

NET

Lease,

Inc.,

Class

A

(c)

2,394

43,355

Corporate

Office

Properties

Trust

(c)

1,569

44,042

Cousins

Properties,

Inc.

(c)

2,098

57,527

Cushman

&

Wakefield

PLC

(a)(b)

2,265

32,684

DiamondRock

Hospitality

Co.

(c)

2,880

27,734

Digitalbridge

Group,

Inc.

1,978

29,274

Douglas

Emmett,

Inc.

(c)

2,429

40,686

EPR

Properties

(c)

1,037

44,052

Equity

Commonwealth

(c)

1,512

38,586

16

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Real

Estate

–

6.0%

(continued)

Essential

Properties

Realty

Trust,

Inc.

(c)

2,002

51,011

eXp

World

Holdings,

Inc.

(b)

1,025

15,980

First

Industrial

Realty

Trust,

Inc.

(c)

1,836

97,951

Four

Corners

Property

Trust,

Inc.

(c)

1,189

34,196

Highwoods

Properties,

Inc.

(c)

1,499

45,525

Howard

Hughes

Corp.

(The)

(a)

475

40,608

Independence

Realty

Trust,

Inc.

(c)

3,155

59,409

Innovative

Industrial

Properties,

Inc.,

Class

A

(c)

399

35,822

JBG

SMITH

Properties

(c)

1,384

27,874

Kennedy-Wilson

Holdings,

Inc.

1,622

29,001

Kilroy

Realty

Corp.

(c)

1,481

60,780

Kite

Realty

Group

Trust

(c)

3,038

65,925

LXP

Industrial

Trust,

Class

B

(c)

3,812

44,029

Macerich

Co.

(The)

(c)

3,047

41,866

National

Health

Investors,

Inc.

(c)

599

35,239

National

Storage

Affiliates

Trust

(c)

1,169

47,695

Outfront

Media,

Inc.

(c)

2,076

41,312

Park

Hotels

&

Resorts,

Inc.

(c)

3,124

45,954

Pebblebrook

Hotel

Trust

(b)(c)

1,856

30,438

Phillips

Edison

&

Co.,

Inc.

(c)

1,657

55,543

Physicians

Realty

Trust

(c)

3,160

50,118

PotlatchDeltic

Corp.

(c)

1,119

54,775

Rayonier,

Inc.

(c)

2,032

73,944

Retail

Opportunity

Investments

Corp.

(c)

1,770

28,019

RLJ

Lodging

Trust

(c)

2,255

28,345

Ryman

Hospitality

Properties,

Inc.

(c)

765

71,061

Sabra

Health

Care

REIT,

Inc.

(c)

3,303

44,591

Safehold

,

Inc.

(c)

346

12,096

SITE

Centers

Corp.

(c)

2,571

35,094

SL

Green

Realty

Corp.

(c)

912

37,529

Spirit

Realty

Capital,

Inc.

(c)

1,949

85,522

St

Joe

Co.

(The)

463

21,807

STAG

Industrial,

Inc.

(c)

2,489

88,608

Sunstone

Hotel

Investors,

Inc.

(c)

2,899

31,860

Terreno

Realty

Corp.

(c)

948

61,080

Uniti

Group,

Inc.

(c)

3,392

22,353

Vornado

Realty

Trust

(b)(c)

2,230

54,390

WeWork

,

Inc.,

Class

A

(a)

3,341

5,312

Xenia

Hotels

&

Resorts,

Inc.

(c)

1,565

23,319

2,318,864

Utilities

–

3.1%

ALLETE,

Inc.

803

49,674

American

States

Water

Co.

525

49,439

Avista

Corp.

1,023

40,818

Black

Hills

Corp.

902

65,287

California

Water

Service

Group

768

46,979

Chesapeake

Utilities

Corp.

245

30,890

Clearway

Energy,

Inc.,

Class

A

495

15,865

Clearway

Energy,

Inc.,

Class

C

(b)

1,136

38,385

Hawaiian

Electric

Industries,

Inc.

1,519

64,208

IDACORP,

Inc.

701

74,173

MGE

Energy,

Inc.

499

36,482

Montauk

Renewables,

Inc.

(a)

850

9,443

National

Fuel

Gas

Co.

1,271

73,794

New

Jersey

Resources

Corp.

1,349

67,342

NorthWestern

Corp.

812

46,122

ONE

Gas,

Inc.

750

61,770

Ormat

Technologies,

Inc.

(b)

691

63,952

Otter

Tail

Corp.

593

38,041

PNM

Resources,

Inc.

1,190

58,881

Portland

General

Electric

Co.

(b)

1,237

58,856

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Utilities

–

3.1%

(continued)

SJW

Group

367

28,409

South

Jersey

Industries,

Inc.

(a)

1,698

61,281

Southwest

Gas

Holdings,

Inc.

855

57,225

Spire,

Inc.

726

52,432

Sunnova

Energy

International,

Inc.

(a)(b)

1,398

27,233

1,216,981

Total

Common

Stocks

(cost

$40,413,305)

38,466,350

Investment

Companies

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(d)(e)

(cost

$75,504)

75,504

75,504

Investment

of

Cash

Collateral

for

Securities

Loaned

–

1.9%

Registered

Investment

Companies

–

1.9%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(d)(e)

(cost

$718,263)

718,263

718,263

Total

Investments

(cost

$41,207,072)

101.8%

39,260,117

Liabilities,

Less

Cash

and

Receivables

(1.8)%

(677,616)

Net

Assets

100.0%

38,582,501

REIT—Real

Estate

Investment

Trust

(a)

Non-income

producing

security.

(b)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$2,652,847

and

the

value

of

the

collateral

was

$2,647,024,

consisting

of

cash

collateral

of

$718,263

and

U.S.

Government

&

Agency

securities

valued

at

$1,928,761.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(c)

Investment

in

a

real

estate

investment

trust.

(d)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(e)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

17

See

Notes

to

Statements

of

Investments

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

Russell

2000

E-mini

1

3/17/2023

90,589

96,970

6,381

18

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

International

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.3%

Australia

–

7.5%

Anz

Group

Holdings

Ltd.

31,456

556,133

APA

Group

12,087

89,941

Aristocrat

Leisure

Ltd.

7,147

171,028

ASX

Ltd.

2,147

104,344

BHP

Group

Ltd.

12,756

443,794

BHP

Group

Ltd.

41,263

1,435,776

Brambles

Ltd.

15,407

130,170

Cochlear

Ltd.

703

105,241

Coles

Group

Ltd.

14,710

184,090

Commonwealth

Bank

of

Australia

18,105

1,404,115

Endeavour

Group

Ltd./Australia

13,275

62,019

Flutter

Entertainment

PLC

(a)

1,638

253,144

Fortescue

Metals

Group

Ltd.

18,090

283,497

Glencore

PLC

129,497

862,803

Goodman

Group

(b)

18,941

266,536

Insurance

Australia

Group

Ltd.

26,036

89,897

Macquarie

Group

Ltd.

3,907

515,761

Mineral

Resources

Ltd.

1,758

110,177

National

Australia

Bank

Ltd.

33,822

757,643

Newcrest

Mining

Ltd.

9,900

155,636

Northern

Star

Resources

Ltd.

12,742

112,682

Pilbara

Minerals

Ltd.

(a)

27,636

92,500

Qantas

Airways

Ltd.

(a)

10,617

47,431

QBE

Insurance

Group

Ltd.

15,874

153,691

Ramsay

Health

Care

Ltd.

2,022

94,921

REA

Group

Ltd.

567

50,190

Rio

Tinto

Ltd.

4,040

360,518

Rio

Tinto

PLC

11,279

877,431

Santos

Ltd.

34,781

174,255

Scentre

Group

(b)

53,769

115,560

Sonic

Healthcare

Ltd.

5,167

114,981

South32

Ltd.

47,773

152,832

Suncorp

Group

Ltd.

13,057

115,284

Telstra

Group

Ltd.

46,123

132,603

Transurban

Group

32,274

314,066

Wesfarmers

Ltd.

12,324

431,167

Westpac

Banking

Corp.

37,109

620,253

Wisetech

Global

Ltd.

1,857

79,219

Woodside

Energy

Group

Ltd.

17,914

457,715

Woodside

Energy

Group

Ltd.

2,305

59,478

Woolworths

Group

Ltd.

13,286

337,781

12,876,303

Austria

–

0.1%

Erste

Group

Bank

AG

3,580

135,110

OMV

AG

1,483

73,846

Verbund

AG

364

30,855

239,811

Belgium

–

0.8%

Anheuser-Busch

InBev

SA/NV

10,625

635,698

D'Ieteren

Group

254

48,247

Elia

Group

SA

363

50,777

Groupe

Bruxelles

Lambert

SA

1,115

94,962

KBC

Group

NV

3,655

269,371

Sofina

SA

166

39,230

Solvay

SA,

Class

A

766

88,723

UCB

SA

1,380

112,975

Umicore

SA

2,249

84,585

1,424,568

Brazil

–

0.2%

Wheaton

Precious

Metals

Corp.

4,830

220,225

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Brazil

–

0.2%

(continued)

Yara

International

ASA

1,807

79,963

300,188

Canada

–

10.0%

Agnico

Eagle

Mines

Ltd.

4,922

277,168

Alimentation

Couche-Tard,

Inc.

8,532

388,507

Bank

of

Montreal

7,580

760,642

Bank

of

Nova

Scotia

(The)

12,932

698,087

Barrick

Gold

Corp.

19,061

371,692

BCE,

Inc.

2,955

139,296

Brookfield

Corp.,

Class

A

15,251

565,762

Canadian

Imperial

Bank

of

Commerce

9,943

452,608

Canadian

National

Railway

Co.

6,505

772,108

Canadian

Natural

Resources

Ltd.

11,905

728,655

Canadian

Pacific

Railway

Ltd.

9,942

782,485

Cenovus

Energy,

Inc.

14,607

290,969

CGI,

Inc.,

Class

A

(a)

2,286

195,373

Constellation

Software,

Inc.

207

364,679

Dollarama,

Inc.

3,214

191,657

Enbridge,

Inc.

21,393

873,452

Fortis,

Inc.

5,296

216,984

Franco-Nevada

Corp.

2,017

295,018

George

Weston

Ltd.

711

91,207

Great-West

Lifeco,

Inc.

3,264

86,324

Hydro

One

Ltd.

(c)

3,472

94,661

Imperial

Oil

Ltd.

1,973

107,525

Intact

Financial

Corp.

1,862

269,361

Loblaw

Cos.

Ltd.

1,570

140,251

Magna

International,

Inc.

2,897

187,539

Manulife

Financial

Corp.

19,629

387,328

Metro,

Inc.,

Class

A

2,627

142,183

National

Bank

of

Canada

3,668

274,753

Nutrien

Ltd.

5,515

455,219

Pembina

Pipeline

Corp.

5,782

204,570

Power

Corp.

of

Canada

6,157

166,528

Restaurant

Brands

International,

Inc.

3,313

221,049

Rogers

Communications,

Inc.,

Class

B

3,813

184,856

Royal

Bank

of

Canada

14,968

1,527,368

Shaw

Communications,

Inc.,

Class

B

4,786

142,036

Shopify,

Inc.,

Class

A

(a)

12,776

627,813

Sun

Life

Financial,

Inc.

6,398

320,583

Suncor

Energy,

Inc.

14,248

493,103

TC

Energy

Corp.

10,505

451,345

Teck

Resources

Ltd.,

Class

B

4,873

210,207

TELUS

Corp.

4,637

99,631

Thomson

Reuters

Corp.

1,691

200,586

Toronto-Dominion

Bank

(The)

19,443

1,341,419

Tourmaline

Oil

Corp.,

Class

Common

Subscription

Receipt

3,429

159,353

WSP

Global,

Inc.

1,219

155,012

17,106,952

Chile

–

0.0%

Antofagasta

PLC

3,582

76,400

China

–

0.9%

Budweiser

Brewing

Co.

Apac

Ltd.

(c)

20,200

63,652

Prosus

NV

12,393

993,572

Wilmar

International

Ltd.

32,800

101,568

Wuxi

Biologics

Cayman,

Inc.

(a)(c)

39,000

324,646

1,483,438

Denmark

–

2.6%

AP

Moller

-

Maersk

A/S,

Class

A

28

59,313

AP

Moller

-

Maersk

A/S,

Class

B

65

140,584

19

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Denmark

–

2.6%

(continued)

Carlsberg

A/S,

Class

B

1,069

151,006

Coloplast

A/S,

Class

B

1,229

147,592

Danske

Bank

A/S

7,265

150,713

DSV

A/S

2,077

341,426

Genmab

A/S

(a)

708

276,180

Novo

Nordisk

A/S,

Class

B

17,564

2,418,005

Novozymes

A/S,

Class

B

2,285

118,390

Orsted

A/S

(c)

1,923

169,847

Tryg

A/S

3,780

86,363

Vestas

Wind

Systems

A/S

10,820

313,995

4,373,414

Finland

–

1.1%

Elisa

OYJ

1,734

98,642

Fortum

OYJ

4,480

67,217

Kesko

OYJ,

Class

A

1,576

36,372

Kesko

OYJ,

Class

B

2,263

52,522

Kone

Oyj,

Class

B

4,143

225,155

Neste

OYJ

4,624

220,109

Nokia

OYJ

57,142

270,049

Nordea

Bank

Abp

34,463

400,858

Sampo

OYJ,

Class

A

5,321

278,368

Stora

ENSO

OYJ,

Class

R

6,671

94,873

UPM-Kymmene

OYJ

5,797

209,336

1,953,501

France

–

10.0%

Adevinta

ASA,

Class

B

(a)

2,530

21,556

Aeroports

de

Paris

(a)

304

46,965

Air

Liquide

SA

5,551

880,545

Airbus

SE

6,561

818,299

AXA

SA

21,332

662,940

BNP

Paribas

SA

12,022

821,251

Bollore

Se

10,039

55,931

Capgemini

SE

1,719

324,657

Carrefour

SA

6,127

116,249

CIE

de

Saint-Gobain

5,596

319,374

CIE

Generale

DES

Etablissements

Michelin

Sca

7,159

225,125

Credit

Agricole

SA

15,756

188,845

Danone

SA

6,899

376,955

Dassault

Aviation

SA

247

42,035

Dassault

Systemes

SE

7,613

281,611

Edenred

2,675

145,230

Electricite

de

France

SA

6,242

81,790

Engie

SA

19,973

282,425

EssilorLuxottica

SA

3,245

591,717

Hermes

International

372

692,674

Kering

SA

778

482,041

Legrand

SA

2,937

260,664

L'Oreal

SA

2,671

1,096,660

LVMH

Moet

Hennessy

Louis

Vuitton

SE

2,799

2,431,878

Orange

SA

20,496

216,408

Pernod

Ricard

SA

2,203

454,348

Publicis

Groupe

SA

2,543

178,800

Safran

SA

3,776

540,501

Sanofi

12,268

1,194,730

Sartorius

Stedim

Biotech

246

85,200

Societe

Generale

SA

8,154

241,582

Sodexo

SA

912

90,153

Teleperformance

600

166,165

Thales

SA

1,130

148,986

TotalEnergies

SE

26,391

1,633,154

Veolia

Environnement

SA

7,140

210,764

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

France

–

10.0%

(continued)

Vinci

SA

5,738

645,858

17,054,066

Germany

–

6.6%

adidas

AG

1,936

309,879

Allianz

SE

4,347

1,034,854

BASF

SE

9,895

563,114

Bayer

AG

10,393

643,376

Bayerische

Motoren

Werke

AG

3,358

340,005

Beiersdorf

AG

1,079

130,778

Daimler

Truck

Holding

AG

(a)

5,684

189,946

Deutsche

Bank

AG

22,104

293,065

Deutsche

Boerse

AG

2,023

360,869

Deutsche

Post

AG

10,717

458,351

Deutsche

Telekom

AG

37,202

826,244

E.ON

SE

24,233

262,813

Fresenius

SE

&

Co.

KGaA

4,507

129,860

Hannover

Rueck

SE

666

134,680

Henkel

AG

&

Co.

KGaA

1,254

83,485

Infineon

Technologies

AG

13,850

495,099

Mercedes-Benz

Group

AG

8,434

624,235

Merck

KGaA

1,356

281,356

Muenchener

Rueckversicherungs-Gesellschaft

AG

in

Muenchen

1,512

543,536

RWE

AG

7,157

317,132

SAP

SE

11,722

1,379,748

Siemens

AG

7,967

1,236,448

Siemens

Healthineers

AG

(c)

3,143

167,498

Symrise

AG,

Class

A

1,409

149,168

Vantage

Towers

AG

957

34,901

Vonovia

SE

8,888

249,718

11,240,158

Hong

Kong

–

2.4%

AIA

Group

Ltd.

126,800

1,432,426

CK

Asset

Holdings

Ltd.

21,000

134,221

CK

Infrastructure

Holdings

Ltd.

6,500

36,113

CLP

Holdings

Ltd.

17,500

129,935

Hang

Seng

Bank

Ltd.

8,400

139,740

Henderson

Land

Development

Co.

Ltd.

12,000

44,319

Hong

Kong

&

China

Gas

Co.

Ltd.

118,507

118,831

Hong

Kong

Exchanges

&

Clearing

Ltd.

12,900

579,949

Jardine

Matheson

Holdings

Ltd.

2,800

148,456

Link

REIT

(b)

22,153

177,200

MTR

Corp.

Ltd.

17,500

93,544

Prudential

PLC

30,084

496,104

Sun

Hung

KAI

Properties

Ltd.

17,500

248,037

Techtronic

Industries

Co.

Ltd.

20,000

256,680

Wharf

Real

Estate

Investment

Co.

Ltd.

16,000

91,446

4,127,001

Ireland

–

0.4%

CRH

PLC

7,925

366,526

Kerry

Group

PLC,

Class

A

1,671

155,963

Kingspan

Group

PLC

1,722

109,966

632,455

Israel

–

0.4%

Azrieli

Group

Ltd.

363

23,216

Bank

Hapoalim

BM

13,295

118,889

Bank

Leumi

Le-Israel

BM

16,835

147,768

Elbit

Systems

Ltd.

241

40,264

ICL

Group

Ltd.

6,837

53,818

Israel

Discount

Bank

Ltd.,

Class

A

13,180

66,902

Mizrahi

Tefahot

Bank

Ltd.

1,517

49,785

20

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Israel

–

0.4%

(continued)

Nice

Ltd.

(a)

703

144,651

Teva

Pharmaceutical

Industries

Ltd.

(a)

11,808

124,899

770,192

Italy

–

1.8%

Assicurazioni

Generali

SpA

13,038

253,462

Davide

Campari-Milano

NV

5,701

60,851

ENEL

SpA

83,854

490,955

ENI

SpA

26,845

412,134

Ferrari

NV

1,363

338,837

Infrastrutture

Wireless

Italiane

SpA

(c)

4,368

47,652

Intesa

Sanpaolo

SpA

178,390

466,913

Moncler

SpA

2,351

146,049

Nexi

SpA

(a)(c)

7,770

68,015

Poste

Italiane

SpA

(c)

4,442

47,210

Prysmian

SpA

2,844

115,518

Snam

SpA

22,307

113,234

Terna

Rete

Elettrica

Nazionale

SpA

15,885

125,111

UniCredit

SpA

21,700

421,476

3,107,417

Japan

–

20.5%

Advantest

Corp.

1,800

127,341

AEON

Co.

Ltd.

9,500

194,135

AGC,

Inc.

2,700

98,931

Aisin

Corp.

2,400

69,760

Ajinomoto

Co.,

Inc.

5,800

190,576

ANA

Holdings,

Inc.

(a)

1,600

35,305

Asahi

Group

Holdings

Ltd.

5,500

181,099

Asahi

Kasei

Corp.

16,100

121,624

Astellas

Pharma,

Inc.

19,900

292,658

Bandai

Namco

Holdings,

Inc.

2,500

166,404

Bridgestone

Corp.

6,300

234,230

Canon,

Inc.

11,100

246,932

Capcom

Co.

Ltd.

1,600

51,674

Central

Japan

Railway

Co.

2,400

292,330

Chubu

Electric

Power

Co.,

Inc.

8,400

90,301

Chugai

Pharmaceutical

Co.

Ltd.

6,300

162,678

DAI

Nippon

Printing

Co.

Ltd.

3,200

75,297

Dai-ichi

Life

Holdings,

Inc.

10,900

254,888

Daiichi

Sankyo

Co.

Ltd.

20,800

650,015

Daikin

Industries

Ltd.

3,200

552,916

Daito

Trust

Construction

Co.

Ltd.

700

69,007

Daiwa

House

Industry

Co.

Ltd.

7,700

184,203

Daiwa

Securities

Group,

Inc.

16,900

79,532

Denso

Corp.

5,200

278,784

Dentsu

Group,

Inc.

2,800

89,677

Disco

Corp.

300

89,277

East

Japan

Railway

Co.

4,200

233,827

Eisai

Co.

Ltd.

3,300

203,311

ENEOS

Holdings,

Inc.

31,800

113,267

FANUC

Corp.

2,000

352,263

Fast

Retailing

Co.

Ltd.

700

422,115

Fujifilm

Holdings

Corp.

4,500

236,549

Fujitsu

Ltd.

1,900

270,437

Hamamatsu

Photonics

KK

1,500

79,588

Hankyu

Hanshin

Holdings,

Inc.

2,800

83,002

Hitachi

Ltd.

10,400

542,372

Honda

Motor

Co.

Ltd.

18,000

443,893

Hoya

Corp.

3,900

425,853

Idemitsu

Kosan

Co.

Ltd.

2,700

66,958

INPEX

Corp.

11,200

122,296

Isuzu

Motors

Ltd.

6,700

84,236

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Japan

–

20.5%

(continued)

ITOCHU

Corp.

15,700

505,003

Japan

Airlines

Co.

Ltd.

(a)

1,400

29,605

Japan

Exchange

Group,

Inc.

5,900

89,785

Japan

Post

Bank

Co.

Ltd.

5,000

44,369

Japan

Post

Holdings

Co.

Ltd.

26,400

231,428

Japan

Tobacco,

Inc.

11,700

238,867

Kansai

Electric

Power

Co.,

Inc.

(The)

9,000

86,370

KAO

Corp.

4,700

189,959

KDDI

Corp.

16,500

515,003

Keyence

Corp.

2,100

957,269

Kikkoman

Corp.

1,900

99,935

Kintetsu

Group

Holdings

Co.

Ltd.

1,900

61,729

Kirin

Holdings

Co.

Ltd.

9,500

146,030

Komatsu

Ltd.

10,300

249,887

Konami

Group

Corp.

1,000

48,983

Kose

Corp.

400

43,831

Kubota

Corp.

11,300

168,399

Kyocera

Corp.

3,800

195,954

Kyowa

Kirin

Co.

Ltd.

2,800

62,225

Lasertec

Corp.

800

157,053

M3,

Inc.

4,700

126,748

Marubeni

Corp.

18,900

230,573

MEIJI

Holdings

Co.

Ltd.

1,400

72,129

Minebea

Mitsumi,

Inc.

4,900

84,515

Misumi

Group,

Inc.

3,300

82,091

Mitsubishi

Chemical

Group

Corp.

16,600

92,685

Mitsubishi

Corp.

15,700

523,474

Mitsubishi

Electric

Corp.

23,800

260,977

Mitsubishi

Estate

Co.

Ltd.

13,700

176,089

Mitsubishi

HC

Capital,

Inc.

8,300

42,252

Mitsubishi

Heavy

Industries

Ltd.

3,800

148,441

Mitsubishi

UFJ

Financial

Group,

Inc.

135,200

990,465

Mitsui

&

Co.

Ltd.

17,000

499,366

Mitsui

Fudosan

Co.

Ltd.

10,000

186,935

Mitsui

Osk

Lines

Ltd.

4,000

98,581

Mizuho

Financial

Group,

Inc.

26,860

418,768

Monotaro

Co.

Ltd.

2,900

43,574

MS&AD

Insurance

Group

Holdings,

Inc.

4,900

156,708

Murata

Manufacturing

Co.

Ltd.

6,500

369,572

NEC

Corp.

2,500

89,873

Nexon

Co.

Ltd.

4,800

115,345

Nidec

Corp.

5,700

314,268

Nintendo

Co.

Ltd.

12,600

545,004

Nippon

Building

Fund,

Inc.

(b)

16

69,760

Nippon

Paint

Holdings

Co.

Ltd.

11,300

102,273

Nippon

Sanso

Holdings

Corp.

2,700

43,746

Nippon

Steel

Corp.

10,200

211,381

Nippon

Telegraph

&

Telephone

Corp.

13,000

389,065

Nippon

Yusen

KK

5,400

127,687

Nissan

Chemical

Corp.

1,400

65,670

Nissan

Motor

Co.

Ltd.

24,100

85,859

Nissin

Foods

Holdings

Co.

Ltd.

800

62,501

Nitori

Holdings

Co.

Ltd.

800

105,194

Nitto

Denko

Corp.

1,500

96,428

Nomura

Holdings,

Inc.

29,500

117,437

Nomura

Research

Institute

Ltd.

4,300

102,503

NTT

Data

Corp.

7,000

107,817

OBIC

Co.

Ltd.

600

95,736

Olympus

Corp.

13,900

259,573

Omron

Corp.

1,900

108,993

ONO

Pharmaceutical

Co.

Ltd.

5,100

110,730

Oracle

Corp.

Japan

400

27,252

21

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Japan

–

20.5%

(continued)

Oriental

Land

Co.

Ltd.

2,700

448,045

ORIX

Corp.

12,600

220,424

Osaka

Gas

Co.

Ltd.

4,600

74,105

Otsuka

Corp.

1,300

42,535

Otsuka

Holdings

Co.

Ltd.

6,100

195,039

Pan

Pacific

International

Holdings

Corp.

5,700

104,931

Panasonic

Holdings

Corp.

25,400

234,380

Rakuten

Group,

Inc.

(a)

8,700

43,953

Recruit

Holdings

Co.

Ltd.

18,200

579,959

Renesas

Electronics

Corp.

(a)

14,500

148,239

Resona

Holdings,

Inc.

25,700

141,933

ROHM

Co.

Ltd.

900

71,491

Secom

Co.

Ltd.

2,400

142,492

Sekisui

House

Ltd.

6,800

128,162

Seven

&

i

Holdings

Co.

Ltd.

8,600

405,184

SG

Holdings

Co.

Ltd.

4,700

72,210

Shimadzu

Corp.

3,200

97,689

Shimano,

Inc.

900

159,106

Shin-Etsu

Chemical

Co.

Ltd.

4,500

660,060

Shionogi

&

Co.

Ltd.

3,100

147,390

Shiseido

Co.

Ltd.

4,400

227,131

SMC

Corp.

600

301,511

SoftBank

Corp.

30,700

350,921

SoftBank

Group

Corp.

12,900

609,463

Sompo

Holdings,

Inc.

3,800

163,197

Sony

Group

Corp.

13,600

1,211,027

Subaru

Corp.

6,500

106,538

Sumitomo

Corp.

13,600

242,937

Sumitomo

Electric

Industries

Ltd.

9,400

112,363

Sumitomo

Metal

Mining

Co.

Ltd.

3,000

121,066

Sumitomo

Mitsui

Financial

Group,

Inc.

14,900

647,582

Sumitomo

Mitsui

Trust

Holdings,

Inc.

4,100

149,283

Sumitomo

Realty

&

Development

Co.

Ltd.

5,200

126,196

Suntory

Beverage

&

Food

Ltd.

1,200

40,417

Suzuki

Motor

Corp.

5,300

197,214

Sysmex

Corp.

1,600

105,330

Takeda

Pharmaceutical

Co.

Ltd.

17,000

534,661

TDK

Corp.

4,200

148,725

Terumo

Corp.

8,000

231,489

TIS,

Inc.

2,700

77,442

Toho

Co.

Ltd.

1,300

47,833

Tokio

Marine

Holdings,

Inc.

21,900

457,046

Tokyo

Electron

Ltd.

1,700

590,480

Tokyo

Gas

Co.

Ltd.

4,400

91,996

Tokyu

Corp.

6,600

84,654

Toray

Industries,

Inc.

18,100

110,762

Toshiba

Corp.

4,500

154,297

Toyota

Industries

Corp.

2,500

151,294

Toyota

Motor

Corp.

133,600

1,948,344

Toyota

Tsusho

Corp.

2,600

109,162

Trend

Micro,

Inc.

(a)

1,400

68,792

Unicharm

Corp.

4,800

182,706

West

Japan

Railway

Co.

2,800

117,021

Yakult

Honsha

Co.

Ltd.

1,500

106,809

Yamaha

Corp.

1,700

65,623

Yamaha

Motor

Co.

Ltd.

3,900

95,517

Yaskawa

Electric

Corp.

3,100

119,905

Z

Holdings

Corp.

30,800

87,986

ZOZO,

Inc.

1,200

30,912

35,082,222

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Luxembourg

–

0.2%

ArcelorMittal

SA

6,184

190,469

Eurofins

Scientific

SE

1,400

99,956

290,425

Macau

–

0.2%

Galaxy

Entertainment

Group

Ltd.

24,000

166,562

Sands

China

Ltd.

(a)

25,600

95,691

262,253

Netherlands

–

4.7%

Adyen

NV

(a)(c)

335

501,207

Argenx

SE

(a)

588

221,593

ASML

Holding

NV

4,345

2,843,595

Heineken

Holding

NV

1,136

93,333

Heineken

NV

2,442

242,776

ING

Groep

NV

40,457

582,269

JDE

Peet's

NV

1,499

44,835

Koninklijke

Ahold

Delhaize

NV

11,117

330,635

Koninklijke

DSM

NV

1,907

243,768

NN

Group

NV

3,263

141,113

Shell

PLC

76,066

2,223,133

Universal

Music

Group

NV

8,281

211,079

Wolters

Kluwer

NV

2,761

300,307

7,979,643

New

Zealand

–

0.2%

Auckland

International

Airport

Ltd.

(a)

12,941

71,087

Fisher

&

Paykel

Healthcare

Corp.

Ltd.

6,110

99,741

Meridian

Energy

Ltd.

12,249

42,192

Spark

New

Zealand

Ltd.

19,669

66,161

279,181

Norway

–

0.6%

AKER

BP

ASA

3,230

98,049

Autostore

Holdings

Ltd.

(a)(c)

10,351

23,721

DNB

Bank

ASA

10,069

187,453

Equinor

ASA

11,251

341,644

Gjensidige

Forsikring

ASA

1,981

35,482

Kongsberg

Gruppen

ASA

880

34,889

Mowi

ASA

4,984

91,838

Norsk

Hydro

ASA

14,717

118,376

Orkla

ASA

8,301

61,849

Telenor

ASA

7,110

74,280

Var

Energi

ASA

3,722

11,269

1,078,850

Poland

–

0.1%

Dino

Polska

SA

(a)(c)

525

47,307

Polski

Koncern

Naftowy

ORLEN

SA

5,883

87,995

Powszechna

Kasa

Oszczednosci

Bank

Polski

SA

8,934

66,198

Santander

Bank

Polska

SA

379

25,061

226,561

Portugal

–

0.1%

EDP

-

Energias

de

Portugal

SA

30,000

148,506

Jeronimo

Martins

SGPS

SA

2,978

64,491

212,997

Russia

–

0.0%

Evraz

PLC

(d)

2,845

0

Singapore

–

1.4%

CapitaLand

Ascendas

REIT

(b)

34,396

75,368

CapitaLand

Integrated

Commercial

Trust

(b)

51,454

83,776

CapitaLand

Investment

Ltd.

26,500

79,842

DBS

Group

Holdings

Ltd.

19,563

532,704

Genting

Singapore

Ltd.

65,800

49,562

Great

Eastern

Holdings

Ltd.

500

7,228

22

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Singapore

–

1.4%

(continued)

Jardine

Cycle

&

Carriage

Ltd.

1,100

24,304

Keppel

Corp.

Ltd.

14,700

84,441

Oversea-Chinese

Banking

Corp.

Ltd.

44,019

433,040

Singapore

Airlines

Ltd.

14,300

64,409

Singapore

Exchange

Ltd.

8,500

59,626

Singapore

Technologies

Engineering

Ltd.

14,900

41,718

Singapore

Telecommunications

Ltd.

77,000

147,046

STMicroelectronics

NV

7,045

329,844

United

Overseas

Bank

Ltd.

16,500

374,478

2,387,386

South

Africa

–

0.4%

Anglo

American

PLC

14,328

611,464

Spain

–

2.3%

Aena

SME

SA

(a)(c)

821

122,601

Amadeus

IT

Group

SA

(a)

4,762

298,411

Banco

Bilbao

Vizcaya

Argentaria

SA

63,685

447,013

Banco

Santander

SA

181,278

630,596

CaixaBank

SA

46,713

206,329

Cellnex

Telecom

SA

(c)

6,236

243,001

Corp.

Acciona

Energias

Renovables

SA

608

24,775

EDP

Renovaveis

SA

2,326

50,384

Endesa

SA

3,244

64,368

Ferrovial

SA

5,533

162,486

Iberdrola

SA

61,933

722,732

Iberdrola

SA

(a)

949

11,074

Industria

de

Diseno

Textil

SA

12,102

376,163

Naturgy

Energy

Group

SA

2,128

60,089

Repsol

SA

15,573

255,217

Telefonica

SA

58,148

220,209

3,895,448

Sweden

–

2.8%

ALFA

Laval

AB

3,088

96,447

ASSA

Abloy

AB,

Class

B

10,767

252,366

Atlas

Copco

AB,

Class

A

26,012

306,436

Atlas

Copco

AB,

Class

B

17,819

186,771

Boliden

AB

2,836

126,634

Epiroc

AB,

Class

A

7,159

138,738

Epiroc

AB,

Class

B

3,601

59,829

EQT

AB

3,634

81,185

Essity

AB,

Class

A

825

21,512

Essity

AB,

Class

B

6,021

156,825

Evolution

AB

(c)

1,974

220,632

Hennes

&

Mauritz

AB,

Class

B

7,957

97,371

Hexagon

AB,

Class

B

22,982

261,763

Holmen

AB,

Class

B

1,053

43,227

Industrivarden

AB,

Class

A

2,085

54,964

Industrivarden

AB,

Class

C

1,974

51,755

Indutrade

AB

2,888

63,719

Investment

AB

Latour,

Class

B

1,577

33,077

Investor

AB,

Class

A

5,409

107,407

Investor

AB,

Class

B

20,139

389,227

L

E

Lundbergforetagen

AB,

Class

B

763

35,148

Lifco

AB,

Class

B

2,298

41,911

Nibe

Industrier

AB,

Class

B

15,909

170,717

Sagax

AB,

Class

B

2,012

49,792

Sagax

AB,

Class

D

2,691

7,210

Sandvik

AB

11,834

243,466

Skandinaviska

Enskilda

Banken

AB,

Class

A

17,421

209,905

Skandinaviska

Enskilda

Banken

AB,

Class

C

740

9,937

Skanska

AB,

Class

B

3,636

63,831

SKF

AB,

Class

A

259

4,576

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

Sweden

–

2.8%

(continued)

SKF

AB,

Class

B

4,043

71,188

Svenska

Cellulosa

AB

SCA,

Class

A

1,041

14,457

Svenska

Cellulosa

AB

SCA,

Class

B

5,488

75,848

Svenska

Handelsbanken

AB,

Class

A

15,751

163,756

Svenska

Handelsbanken

AB,

Class

B

(e)

1,163

14,574

Swedbank

AB,

Class

A

9,947

190,393

Tele2

AB,

Class

B

6,293

54,216

Telefonaktiebolaget

LM

Ericsson,

Class

A

2,076

13,424

Telefonaktiebolaget

LM

Ericsson,

Class

B

30,363

175,105

Telia

Co.

AB

27,389

70,580

Volvo

AB,

Class

A

2,742

56,727

Volvo

AB,

Class

B

16,126

318,599

Volvo

Car

AB,

Class

B

(a)

4,850

24,023

4,829,268

Switzerland

–

5.2%

ABB

Ltd.

18,239

630,300

Alcon,

Inc.

5,293

395,556

Chocoladefabriken

Lindt

&

Spruengli

AG

24

262,269

CIE

Financiere

Richemont

SA,

Class

A

5,552

848,436

EMS-Chemie

Holding

AG

77

56,949

Geberit

AG

402

226,476

Givaudan

SA

82

263,828

Kuehne

+

Nagel

International

AG

570

135,001

Lonza

Group

AG

805

455,269

Novartis

AG

25,701

2,306,726

Partners

Group

Holding

AG

251

233,310

Schindler

Holding

AG

293

58,807

Schindler

Holding

AG,

PC

409

86,519

SGS

SA

62

150,150

Sika

AG

1,657

466,755

Sonova

Holding

AG

549

136,182

Straumann

Holding

AG

1,287

166,627

Swiss

Life

Holding

AG

319

187,494

Swisscom

AG

271

159,282

UBS

Group

AG

37,491

793,279

Zurich

Insurance

Group

AG

1,615

794,888

8,814,103

United

Kingdom

–

9.3%

3i

Group

PLC

10,320

200,103

Ashtead

Group

PLC

4,911

321,282

Associated

British

Foods

PLC

3,661

83,651

AstraZeneca

PLC

16,582

2,161,858

Aviva

PLC

29,482

165,398

BAE

Systems

PLC

34,654

365,533

Barclays

PLC

162,998

372,920

BP

PLC

197,129

1,186,371

British

American

Tobacco

PLC

23,724

904,239

BT

Group

PLC,

Class

A

71,719

110,058

Bunzl

PLC

3,619

132,324

CK

Hutchison

Holdings

Ltd.

27,500

174,713

CNH

Industrial

NV

10,775

188,990

Coca-Cola

European

Partners

PLC

2,174

122,222

Compass

Group

PLC

19,186

456,101

Croda

International

PLC

1,636

138,690

Diageo

PLC

24,785

1,074,053

Experian

PLC

10,206

371,034

HSBC

Holdings

PLC

212,406

1,559,548

Imperial

Brands

PLC

10,395

259,913

Legal

&

General

Group

PLC

65,635

205,241

Lloyds

Banking

Group

PLC

709,287

459,131

London

Stock

Exchange

Group

PLC

3,631

331,058

23

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.3%

(continued)

United

Kingdom

–

9.3%

(continued)

National

Grid

PLC

41,391

522,305

Natwest

Group

PLC

53,989

204,715

Reckitt

Benckiser

Group

PLC

7,769

551,868

RELX

PLC

21,303

629,953

Rentokil

Initial

PLC

27,774

167,783

SSE

PLC

11,467

243,307

Standard

Chartered

PLC

25,905

216,609

Tesco

PLC

80,917

244,959

Unilever

PLC

27,918

1,412,088

Vodafone

Group

PLC

291,220

333,855

15,871,873

United

States

–

6.4%

Computershare

Ltd.

6,002

100,446

CSL

Ltd.

5,142

1,080,040

Ferguson

PLC

2,211

309,215

GSK

PLC

42,521

745,117

Haleon

PLC

(a)

56,470

225,420

Holcim

AG

6,049

358,562

James

Hardie

Industries

PLC,

CDI

4,923

109,100

Nestle

SA

29,370

3,563,720

Roche

Holding

AG

7,473

2,320,189

Roche

Holding

AG,

BR

324

117,857

Schneider

Electric

SE

6,028

971,006

Stellantis

NV

22,260

347,546

Swiss

RE

AG

3,076

319,937

Tenaris

SA

4,789

84,518

Waste

Connections,

Inc.

2,781

367,979

11,020,652

Zambia

–

0.1%

First

Quantum

Minerals

Ltd.

5,783

133,789

Total

Common

Stocks

(cost

$155,767,353)

169,741,979

Preferred

Stocks

–

0.3%

Germany

–

0.3%

Bayerische

Motoren

Werke

AG,

6.59%

822

77,444

Henkel

AG

&

Co.

KGaA,

2.84%

1,770

125,719

Sartorius

AG,

0.30%

268

119,422

Volkswagen

AG,

5.18%

1,993

274,761

597,346

Total

Preferred

Stocks

(cost

$602,021)

597,346

Investment

Companies

–

0.1%

Registered

Investment

Companies

–

0.1%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(f)(g)

(cost

$114,213)

114,213

114,213

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.0%

Registered

Investment

Companies

–

0.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(f)(g)

(cost

$6,201)

6,201

6,201

Total

Investments

(cost

$156,489,788)

99.7%

170,459,739

Cash

and

Receivables

(Net)

0.3%

444,928

Net

Assets

100.0%

170,904,667

BR—Bearer

Shares

CDI—CREST

Depository

Interest

PC—Participation

Certificate

REIT—Real

Estate

Investment

Trust

24

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

(a)

Non-income

producing

security.

(b)

Investment

in

a

real

estate

investment

trust.

(c)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2023,

these

securities

were

valued

at

$2,141,650

or

1.25%

of

net

assets.

(d)

The

fund

held

Level

3

securities

at

January

31,

2023.

These

securities

were

valued

at

$0

or

0.00%

of

net

assets.

(e)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$5,865

and

the

value

of

the

collateral

was

$6,201,

consisting

of

cash

collateral.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(f)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(g)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

MSCI

EAFE

Index

4

3/17/2023

400,382

423,800

23,418

25

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

Emerging

Markets

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

97.6%

Australia

–

0.1%

AngloGold

Ashanti

Ltd.

2,074

43,075

Brazil

–

3.5%

Ambev

SA

22,801

61,263

Atacadao

SA

2,601

8,439

B3

SA

-

Brasil

Bolsa

Balcao

30,504

77,706

Banco

Bradesco

SA

9,225

22,902

Banco

BTG

Pactual

SA

6,102

25,887

Banco

do

Brasil

SA

7,247

58,116

BB

Seguridade

Participacoes

SA

3,605

26,814

Centrais

Eletricas

Brasileiras

SA

6,163

49,217

Cia

de

Saneamento

Basico

do

Estado

de

Sao

Paulo

1,691

18,549

CPFL

Energia

SA

690

4,510

Energisa

SA

1,552

12,879

Hapvida

Participacoes

e

Investimentos

SA

(a),(b)

20,808

21,211

Itausa

-

Investimentos

Itau

SA

4,788

8,257

Localiza

Rent

A

Car

SA

3,628

42,198

Petroleo

Brasileiro

SA

18,708

108,358

Raia

Drogasil

SA

5,825

28,545

Rede

D'or

Sao

Luiz

SA

(a)

3,581

22,458

Rumo

SA

5,580

20,177

Suzano

SA

4,048

36,930

Telefonica

Brasil

SA

2,139

17,506

Vale

SA

19,645

366,088

WEG

SA

7,629

57,433

1,095,443

Chile

–

0.3%

Banco

de

Chile

252,501

27,497

Banco

de

Credito

e

Inversiones

SA

328

9,853

Banco

Santander

Chile

196,339

8,226

Empresas

COPEC

SA

1,937

14,560

Enel

Americas

SA

93,943

12,394

Falabella

SA

3,603

8,343

Quinenco

SA

1,037

3,596

84,469

China

–

32.0%

360

Security

Technology,

Inc.,

Class

A

3,800

3,937

AECC

Aviation

Power

Co.

Ltd.,

Class

A

1,100

7,383

Agricultural

Bank

of

China

Ltd.,

Class

A

63,600

27,390

Agricultural

Bank

of

China

Ltd.,

Class

H

160,000

57,562

Airtac

International

Group

1,046

35,534

Alibaba

Group

Holding

Ltd.

(b)

79,680

1,093,770

Aluminum

Corp.

of

China

Ltd.,

Class

A

4,900

3,836

Aluminum

Corp.

of

China

Ltd.,

Class

H

22,000

11,704

Anhui

Conch

Cement

Co.

Ltd.,

Class

A

1,300

5,660

Anhui

Conch

Cement

Co.

Ltd.,

Class

H

6,500

24,628

Anhui

Gujing

Distillery

Co.

Ltd.,

Class

A

200

8,229

Anhui

Gujing

Distillery

Co.

Ltd.,

Class

B

600

10,257

ANTA

Sports

Products

Ltd.

5,600

84,587

Asymchem

Laboratories

Tianjin

Co.

Ltd.,

Class

A

140

3,307

Asymchem

Laboratories

Tianjin

Co.

Ltd.,

Class

H

(a)

240

3,821

Avary

Holding

Shenzhen

Co.

Ltd.,

Class

A

600

2,560

Baidu,

Inc.,

Class

A

(b)

11,500

194,245

Bank

of

Beijing

Co.

Ltd.,

Class

A

7,000

4,403

Bank

of

Chengdu

Co.

Ltd.

1,500

3,223

Bank

of

China

Ltd.,

Class

A

28,800

13,724

Bank

of

China

Ltd.,

Class

H

399,000

152,198

Bank

of

Communications

Co.

Ltd.,

Class

A

12,800

9,188

Bank

of

Communications

Co.

Ltd.,

Class

H

118,000

72,860

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

China

–

32.0%

(continued)

Bank

of

Hangzhou

Co.

Ltd.,

Class

A

2,600

5,010

Bank

of

Jiangsu

Co.

Ltd.,

Class

A

6,600

7,248

Bank

of

Nanjing

Co.

Ltd.,

Class

A

4,400

6,766

Bank

of

Ningbo

Co.

Ltd.,

Class

A

2,800

13,592

Bank

of

Shanghai

Co.

Ltd.,

Class

A

3,400

3,014

Baoshan

Iron

&

Steel

Co.

Ltd.,

Class

A

10,000

9,146

BeiGene

Ltd.

(b)

4,200

82,140

Beijing

Kingsoft

Office

Software,

Inc.,

Class

A

200

8,326

Beijing

Oriental

Yuhong

Waterproof

Technology

Co.

Ltd.,

Class

A

1,000

5,494

Beijing

Tongrentang

Co.

Ltd.,

Class

A

500

3,488

Beijing

United

Information

Technology

Co.

Ltd.,

Class

A

200

2,869

Beijing

Wantai

Biological

Pharmacy

Enterprise

Co.

Ltd.,

Class

A

190

3,770

Bloomage

Biotechnology

Corp.

Ltd.,

Class

A

116

2,138

BOC

Hong

Kong

Holdings

Ltd.

18,500

64,550

BOE

Technology

Group

Co.

Ltd.,

Class

A

9,400

5,537

BOE

Technology

Group

Co.

Ltd.,

Class

B

5,600

2,572

BYD

Co.

Ltd.,

Class

A

700

29,608

BYD

Co.

Ltd.,

Class

H

4,500

140,651

BYD

Electronic

International

Co.

Ltd.

4,000

13,804

CGN

Power

Co.

Ltd.,

Class

A

1,000

401

CGN

Power

Co.

Ltd.,

Class

H

(a)

68,000

15,875

Changchun

High

&

New

Technology

Industry

Group,

Inc.,

Class

A

200

5,952

China

CITIC

Bank

Corp.

Ltd.,

Class

H

50,000

24,112

China

Coal

Energy

Co.

Ltd.,

Class

A

2,600

3,348

China

Coal

Energy

Co.

Ltd.,

Class

H

11,000

8,799

China

Construction

Bank

Corp.,

Class

A

4,000

3,321

China

Construction

Bank

Corp.,

Class

H

477,000

309,134

China

CSSC

Holdings

Ltd.,

Class

A

1,500

5,263

China

Eastern

Airlines

Corp.

Ltd.,

Class

A

(b)

6,500

5,166

China

Eastern

Airlines

Corp.

Ltd.,

Class

H

(b)

12,000

4,807

China

Energy

Engineering

Corp.

Ltd.,

Class

A

13,900

4,834

China

Energy

Engineering

Corp.

Ltd.,

Class

H

30,000

3,865

China

Everbright

Bank

Co.

Ltd.,

Class

A

6,200

2,817

China

Everbright

Bank

Co.

Ltd.,

Class

H

51,000

16,266

China

Galaxy

Securities

Co.

Ltd.,

Class

A

900

1,305

China

Galaxy

Securities

Co.

Ltd.,

Class

H

21,500

11,575

China

Hongqiao

Group

Ltd.

9,500

10,980

China

International

Capital

Corp.

Ltd.,

Class

A

900

5,318

China

International

Capital

Corp.

Ltd.,

Class

H

(a)

6,400

14,272

China

Jushi

Co.

Ltd.,

Class

A

1,500

3,274

China

Life

Insurance

Co.

Ltd.,

Class

H

36,000

66,135

China

Longyuan

Power

Group

Corp.

Ltd.,

Class

H

16,000

22,004

China

Mengniu

Dairy

Co.

Ltd.

16,000

77,055

China

Merchants

Bank

Co.

Ltd.,

Class

A

7,800

47,571

China

Merchants

Bank

Co.

Ltd.,

Class

H

17,500

113,525

China

Merchants

Energy

Shipping

Co.

Ltd.,

Class

A

3,600

3,404

China

Merchants

Securities

Co.

Ltd.,

Class

A

3,000

6,345

China

Merchants

Securities

Co.

Ltd.,

Class

H

(a)

2,600

2,836

China

Merchants

Shekou

Industrial

Zone

Holdings

Co.

Ltd.,

Class

A

3,700

8,132

China

Minsheng

Banking

Corp.

Ltd.,

Class

A

17,000

8,781

China

Minsheng

Banking

Corp.

Ltd.,

Class

H

31,000

11,588

China

Molybdenum

Co.

Ltd.,

Class

A

8,600

7,217

China

National

Nuclear

Power

Co.

Ltd.,

Class

A

8,800

7,866

China

National

Software

&

Service

Co.

Ltd.,

Class

A

300

3,343

26

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

China

–

32.0%

(continued)

China

Northern

Rare

Earth

Group

High-Tech

Co.

Ltd.,

Class

A

1,600

6,874

China

Oilfield

Services

Ltd.

700

1,689

China

Oilfield

Services

Ltd.,

Class

H

10,000

12,056

China

Overseas

Land

&

Investment

Ltd.

19,500

52,615

China

Pacific

Insurance

Group

Co.

Ltd.,

Class

A

3,300

12,600

China

Pacific

Insurance

Group

Co.

Ltd.,

Class

H

10,200

27,977

China

Petroleum

&

Chemical

Corp.,

Class

A

16,800

11,238

China

Petroleum

&

Chemical

Corp.,

Class

H

128,000

68,911

China

Railway

Group

Ltd.,

Class

A

9,700

8,183

China

Railway

Group

Ltd.,

Class

H

21,000

11,440

China

Resources

Beer

Holdings

Co.

Ltd.

8,000

60,164

China

Resources

Land

Ltd.

14,000

67,155

China

Resources

Microelectronics

Ltd.,

Class

A

595

4,832

China

Resources

Mixc

Lifestyle

Services

Ltd.

(a)

3,000

17,280

China

Resources

Power

Holdings

Co.

Ltd.

8,000

16,615

China

Resources

Sanjiu

Medical

&

Pharmaceutical

Co.

Ltd.,

Class

A

400

2,876

China

Shenhua

Energy

Co.

Ltd.,

Class

A

3,500

14,706

China

Shenhua

Energy

Co.

Ltd.,

Class

H

17,500

54,363

China

Southern

Airlines

Co.

Ltd.,

Class

A

(b)

7,500

8,136

China

Southern

Airlines

Co.

Ltd.,

Class

H

(b)

8,000

5,307

China

Three

Gorges

Renewables

Group

Co.

Ltd.,

Class

A

10,700

9,105

China

Tourism

Group

Duty

Free

Corp.

Ltd.,

Class

A

800

25,136

China

Tourism

Group

Duty

Free

Corp.

Ltd.,

Class

H

(a),(b)

300

9,178

China

Vanke

Co.

Ltd.,

Class

A

3,600

9,745

China

Vanke

Co.

Ltd.,

Class

H

10,200

20,612

China

Yangtze

Power

Co.

Ltd.,

Class

A

9,300

28,614

China

Zhenhua

Group

Science

&

Technology

Co.

Ltd.,

Class

A

200

3,357

China

Zheshang

Bank

Co.

Ltd.,

Class

A

(b)

5,300

2,322

China

Zheshang

Bank

Co.

Ltd.,

Class

H

(b)

8,000

2,919

Chongqing

Brewery

Co.

Ltd.,

Class

A

200

3,558

Chongqing

Changan

Automobile

Co.

Ltd.,

Class

A

4,186

8,754

Chongqing

Changan

Automobile

Co.

Ltd.,

Class

B

4,550

2,287

Chow

Tai

Fook

Jewellery

Group

Ltd.

11,400

24,346

CITIC

Ltd.

32,000

37,395

CITIC

Pacific

Special

Steel

Group

Co.

Ltd.,

Class

A

1,900

5,126

CITIC

Securities

Co.

Ltd.,

Class

A

4,335

13,736

CITIC

Securities

Co.

Ltd.,

Class

H

8,000

18,269

CMOC

Group

Ltd.,

Class

H

15,000

8,650

CNPC

Capital

Co.

Ltd.,

Class

A

5,000

4,403

COSCO

Shipping

Energy

Transportation

Co.

Ltd.,

Class

A

(b)

1,400

2,959

COSCO

Shipping

Energy

Transportation

Co.

Ltd.,

Class

H

(b)

6,000

5,626

COSCO

Shipping

Holdings

Co.

Ltd.,

Class

H

15,500

16,017

CSC

Financial

Co.

Ltd.,

Class

A

1,300

5,193

CSPC

Pharmaceutical

Group

Ltd.

41,760

47,628

Dongfang

Electric

Corp.

Ltd.,

Class

A

1,000

3,164

Dongfang

Electric

Corp.

Ltd.,

Class

H

1,800

3,206

Eastroc

Beverage

Group

Co

Ltd.

100

2,633

ENN

Energy

Holdings

Ltd.

3,900

58,710

Everbright

Securities

Co.

Ltd.,

Class

A

1,600

3,765

Flat

Glass

Group

Co.

Ltd.,

Class

A

500

2,782

Flat

Glass

Group

Co.

Ltd.,

Class

H

2,000

6,251

Focus

Media

Information

Technology

Co.

Ltd.,

Class

A

6,500

6,686

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

China

–

32.0%

(continued)

Foshan

Haitian

Flavouring

&

Food

Co.

Ltd.,

Class

A

1,902

22,333

Foxconn

Industrial

Internet

Co.

Ltd.,

Class

A

5,900

8,304

Fuyao

Glass

Industry

Group

Co.

Ltd.,

Class

A

900

5,200

Fuyao

Glass

Industry

Group

Co.

Ltd.,

Class

H

(a)

2,800

13,770

Ganfeng

Lithium

Co.

Ltd.,

Class

A

500

5,833

Ganfeng

Lithium

Co.

Ltd.,

Class

H

(a)

2,160

19,647

GCL

Technology

Holdings

Ltd.

(b)(c)

96,000

26,454

GD

Power

Development

Co.

Ltd.,

Class

A

(b)

6,600

3,878

Geely

Automobile

Holdings

Ltd.

25,000

40,314

GF

Securities

Co.

Ltd.,

Class

A

3,100

7,983

GF

Securities

Co.

Ltd.,

Class

H

5,400

8,832

Gigadevice

Semiconductor

Beijing,

Inc.,

Class

A

280

4,747

Glodon

Co.

Ltd.,

Class

A

500

4,836

GoerTek

,

Inc.,

Class

A

1,300

3,979

Gotion

High-tech

Co.

Ltd.,

Class

A

800

3,842

Great

Wall

Motor

Co.

Ltd.,

Class

A

1,100

5,037

Great

Wall

Motor

Co.

Ltd.,

Class

H

16,000

22,453

Gree

Electric

Appliances

Inc.

of

Zhuhai,

Class

A

2,300

11,788

Guangdong

Haid

Group

Co.

Ltd.,

Class

A

600

5,536

Guanghui

Energy

Co.

Ltd.,

Class

A

2,600

3,932

Guangxi

Guiguan

Electric

Power

Co.

Ltd.,

Class

A

1,500

1,239

Guangzhou

Automobile

Group

Co.

Ltd.,

Class

A

3,600

6,250

Guangzhou

Automobile

Group

Co.

Ltd.,

Class

H

10,000

7,170

Guangzhou

Tinci

Materials

Technology

Co.

Ltd.,

Class

A

600

4,358

Guosen

Securities

Co.

Ltd.,

Class

A

3,000

4,165

Guotai

Junan

Securities

Co.

Ltd.,

Class

A

1,600

3,379

Guotai

Junan

Securities

Co.

Ltd.,

Class

H

(a)

5,800

7,103

H

World

Group

Ltd.

7,200

34,445

Haidilao

International

Holding

Ltd.

(a),(b)

6,000

16,266

Haier

Smart

Home

Co.

Ltd.,

Class

A

3,000

11,410

Haier

Smart

Home

Co.

Ltd.,

Class

H

11,800

43,355

Haitong

Securities

Co.

Ltd.,

Class

A

4,200

5,806

Haitong

Securities

Co.

Ltd.,

Class

H

14,000

9,645

Hangzhou

First

Applied

Material

Co.

Ltd.,

Class

A

420

4,676

Hangzhou

Silan

Microelectronics

Co.

Ltd.,

Class

A

600

3,137

Hansoh

Pharmaceutical

Group

Co.

Ltd.

(a)

6,000

12,278

Henan

Shuanghui

Investment

&

Development

Co.

Ltd.,

Class

A

1,300

4,906

Hengli

Petrochemical

Co.

Ltd.,

Class

A

3,000

7,779

Hoshine

Silicon

Industry

Co.

Ltd.,

Class

A

200

2,752

Huadian

Power

International

Corp.

Ltd.,

Class

A

3,100

2,670

Huadian

Power

International

Corp.

Ltd.,

Class

H

8,000

3,194

Huadong

Medicine

Co.

Ltd.,

Class

A

800

5,612

Huaneng

Lancang

River

Hydropower,

Inc.,

Class

A

3,300

3,262

Huaneng

Power

International,

Inc.,

Class

A

(b)

4,100

4,539

Huaneng

Power

International,

Inc.,

Class

H

(b)

20,000

9,747

Huatai

Securities

Co.

Ltd.,

Class

A

5,300

10,173

Huatai

Securities

Co.

Ltd.,

Class

H

(a)

3,400

4,398

Huaxia

Bank

Co.

Ltd.,

Class

A

6,700

5,166

Huayu

Automotive

Systems

Co.

Ltd.,

Class

A

1,100

2,966

Huizhou

Desay

Sv

Automaotive

Co.

Ltd.,

Class

A

200

3,883

Hundsun

Technologies,

Inc.,

Class

A

800

5,591

Iflytek

Co.

Ltd.,

Class

A

1,000

6,006

Industrial

&

Commercial

Bank

of

China

Ltd.,

Class

A

39,700

25,382

Industrial

&

Commercial

Bank

of

China

Ltd.,

Class

H

348,000

186,019

Industrial

Bank

Co.

Ltd.,

Class

A

8,900

23,208

27

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

China

–

32.0%

(continued)

Industrial

Securities

Co.

Ltd.,

Class

A

3,800

3,880

Inner

Mongolia

BaoTou

Steel

Union

Co.

Ltd.,

Class

A

14,600

4,408

Inner

Mongolia

Yili

Industrial

Group

Co.

Ltd.,

Class

A

2,800

13,501

JA

Solar

Technology

Co.

Ltd.,

Class

A

840

8,197

JD

Health

International,

Inc.

(a),(b)

5,300

43,814

JD

Logistics,

Inc.

(a),(b)

10,100

22,317

JD.com,

Inc.,

Class

A

11,966

353,551

Jiangsu

Eastern

Shenghong

Co.

Ltd.,

Class

A

1,600

3,699

Jiangsu

Hengli

Hydraulic

Co.

Ltd.,

Class

A

544

5,268

Jiangsu

Hengrui

Medicine

Co.

Ltd.,

Class

A

2,540

15,867

Jiangsu

Yanghe

Brewery

Joint-Stock

Co.

Ltd.,

Class

A

700

18,192

Jiangsu

Zhongtian

Technology

Co.

Ltd.,

Class

A

1,400

3,388

Ke

Holdings,

Inc.,

Class

A

(b)

10,400

63,022

Kuaishou

Technology,

Class

B

(a),(b)

9,500

83,201

Kweichow

Moutai

Co.

Ltd.,

Class

A

500

136,582

Lenovo

Group

Ltd.

36,000

28,796

LI

Auto,

Inc.,

Class

A

(b)

5,800

70,294

Li

Ning

Co.

Ltd.

12,000

118,185

Longfor

Group

Holdings

Ltd.

(a)

8,500

28,086

LONGi

Green

Energy

Technology

Co.

Ltd.,

Class

A

3,136

22,347

Luxshare

Precision

Industry

Co.

Ltd.,

Class

A

2,800

13,459

Luzhou

Laojiao

Co.

Ltd.,

Class

A

600

21,045

Meituan

,

Class

B

(a),(b)

23,870

531,693

Metallurgical

Corp.

of

China

Ltd.,

Class

A

7,900

3,940

Metallurgical

Corp.

of

China

Ltd.,

Class

H

14,000

3,161

Midea

Group

Co.

Ltd.,

Class

A

2,900

23,691

Ming

Yang

Smart

Energy

Group

Ltd.,

Class

A

900

3,708

Montage

Technology

Co.

Ltd.,

Class

A

400

3,280

Muyuan

Foods

Co.

Ltd.,

Class

A

2,220

16,408

NARI

Technology

Co.

Ltd.,

Class

A

3,120

12,185

NAURA

Technology

Group

Co.

Ltd.,

Class

A

200

6,935

NetEase

,

Inc.

9,300

165,746

New

China

Life

Insurance

Co.

Ltd.,

Class

A

1,100

5,066

New

China

Life

Insurance

Co.

Ltd.,

Class

H

3,900

10,448

New

Hope

Liuhe

Co.

Ltd.,

Class

A

(b)

1,600

3,104

Ninestar

Corp.,

Class

A

600

4,555

Ningbo

Deye

Technology

Co.

Ltd.,

Class

A

100

5,161

Ningbo

Orient

Wires

&

Cables

Co.

Ltd.,

Class

A

300

2,848

Ningbo

Tuopu

Group

Co.

Ltd.,

Class

A

400

4,208

Ningbo

Zhoushan

Port

Co.

Ltd.,

Class

A

4,800

2,607

Ningxia

Baofeng

Energy

Group

Co.

Ltd.,

Class

A

2,600

5,148

NIO,

Inc.,

Class

A

(b)

7,060

82,592

Nongfu

Spring

Co.

Ltd.,

Class

H

(a)

9,000

50,807

Oppein

Home

Group,

Inc.,

Class

A

200

3,722

Orient

Securities

Co.

Ltd.,

Class

A

2,192

3,510

Orient

Securities

Co.

Ltd.,

Class

H

(a)

5,600

3,301

People's

Insurance

Co.

Group

of

China

Ltd.

(The),

Class

H

43,000

14,482

PetroChina

Co.

Ltd.,

Class

H

110,000

58,518

Pinduoduo

,

Inc.,

ADR

(b)

2,761

270,523

Ping

An

Bank

Co.

Ltd.,

Class

A

8,500

18,857

Ping

An

Insurance

Group

Co.

of

China

Ltd.,

Class

A

4,500

33,952

Ping

An

Insurance

Group

Co.

of

China

Ltd.,

Class

H

31,000

240,057

Poly

Developments

and

Holdings

Group

Co.

Ltd.,

Class

A

5,200

12,105

Postal

Savings

Bank

of

China

Co.

Ltd.,

Class

A

12,400

8,827

Postal

Savings

Bank

of

China

Co.

Ltd.,

Class

H

(a)

45,000

30,599

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

China

–

32.0%

(continued)

Power

Construction

Corp.

of

China

Ltd.,

Class

A

5,100

5,298

Pylon

Technologies

Co.

Ltd.,

Class

A

52

2,359

Quinghai

Salt

Lake

Industry

Co.

Ltd.,

Class

A

(b)

2,300

8,520

Rongsheng

Petro

Chemical

Co.

Ltd.,

Class

A

4,100

8,034

SAIC

Motor

Corp.

Ltd.,

Class

A

4,700

10,448

Sany

Heavy

Industry

Co.

Ltd.,

Class

A

3,500

9,075

Satellite

Chemical

Co.

Ltd.,

Class

A

1,342

3,517

SF

Holding

Co.

Ltd.,

Class

A

1,900

16,489

Shaanxi

Coal

Industry

Co.

Ltd.,

Class

A

4,500

13,020

Shandong

Gold

Mining

Co.

Ltd.,

Class

A

1,100

3,222

Shandong

Gold

Mining

Co.

Ltd.,

Class

H

(a)

3,650

7,022

Shandong

Hualu

Hengsheng

Chemical

Co.

Ltd.,

Class

A

800

4,005

Shanghai

Baosight

Software

Co.

Ltd.,

Class

A

690

5,108

Shanghai

Baosight

Software

Co.

Ltd.,

Class

B

2,600

8,128

Shanghai

Electric

Group

Co.

Ltd.,

Class

A

(b)

4,300

2,603

Shanghai

Electric

Group

Co.

Ltd.,

Class

H

(b)

14,000

3,304

Shanghai

Fosun

Pharmaceutical

Group

Co.

Ltd.,

Class

A

700

3,524

Shanghai

Fosun

Pharmaceutical

Group

Co.

Ltd.,

Class

H

2,500

8,037

Shanghai

Fudan

Microelectronics

Group

Co.

Ltd.,

Class

A

279

2,798

Shanghai

Fudan

Microelectronics

Group

Co.

Ltd.,

Class

H

1,000

4,152

Shanghai

International

Airport

Co.

Ltd.,

Class

A

(b)

1,000

8,954

Shanghai

International

Port

Group

Co.

Ltd.,

Class

A

9,600

7,573

Shanghai

Jinjiang

International

Hotels

Co.

Ltd.,

Class

A

400

3,404

Shanghai

Jinjiang

International

Hotels

Co.

Ltd.,

Class

B

800

1,669

Shanghai

Junshi

Biosciences

Co.

Ltd.,

Class

A

(b)

304

2,583

Shanghai

Junshi

Biosciences

Co.

Ltd.,

Class

H

(a),(b)

800

3,863

Shanghai

Pharmaceuticals

Holding

Co.

Ltd.,

Class

A

1,100

3,041

Shanghai

Pharmaceuticals

Holding

Co.

Ltd.,

Class

H

3,900

6,866

Shanghai

Pudong

Development

Bank

Co.

Ltd.,

Class

A

12,600

13,743

Shanghai

Putailai

New

Energy

Technology

Co.

Ltd.,

Class

A

600

4,902

Shanghai

Rural

Commercial

Bank

Co.

Ltd.,

Class

A

4,100

3,586

Shanxi

Lu'an

Environmental

Energy

Development

Co.

Ltd.,

Class

A

1,100

3,223

Shanxi

Xinghuacun

Fen

Wine

Factory

Co.

Ltd.,

Class

A

560

24,163

Shenwan

Hongyuan

Group

Co.

Ltd.,

Class

A

9,600

5,896

Shenwan

Hongyuan

Group

Co.

Ltd.,

Class

H

(a)

8,800

1,785

Shenzhen

Transsion

Holdings

Co.

Ltd.,

Class

A

292

3,696

Shenzhou

International

Group

Holdings

Ltd.

4,200

52,644

Shijiazhuang

Yiling

Pharmaceutical

Co.

Ltd.,

Class

A

700

3,004

Sichuan

Chuantou

Energy

Co.

Ltd.,

Class

A

1,700

3,150

Sichuan

Road

and

Bridge

Group

Co.

Ltd.,

Class

A

1,900

3,298

Silergy

Corp.

1,600

32,027

Smoore

International

Holdings

Ltd.

(a)

7,000

10,538

StarPower

Semiconductor

Ltd.,

Class

A

100

4,673

Sunny

Optical

Technology

Group

Co.

Ltd.

3,700

49,752

TBEA

Co.

Ltd.,

Class

A

1,600

5,039

TCL

Technology

Group

Corp.,

Class

A

5,000

3,108

Tencent

Holdings

Ltd.

30,700

1,496,902

28

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

China

–

32.0%

(continued)

Tianjin

Zhonghuan

Semiconductor

Co.

Ltd.,

Class

A

1,400

8,793

Tianqi

Lithium

Corp.,

Class

A

(b)

600

8,523

Tingyi

Cayman

Islands

Holding

Corp.

10,000

16,610

Tongwei

Co.

Ltd.,

Class

A

1,900

11,869

Trip.com

Group

Ltd.

(b)

2,700

99,615

Tsingtao

Brewery

Co.

Ltd.,

Class

A

600

8,972

Tsingtao

Brewery

Co.

Ltd.,

Class

H

2,000

19,251

Unigroup

Guoxin

Microelectronics

Co.

Ltd.,

Class

A

379

7,056

Unisplendour

Corp.

Ltd.,

Class

A

1,200

4,085

Wanhua

Chemical

Group

Co.

Ltd.,

Class

A

1,100

15,728

Want

Want

China

Holdings

Ltd.

26,000

16,916

Weichai

Power

Co.

Ltd.,

Class

A

1,900

3,152

Weichai

Power

Co.

Ltd.,

Class

H

10,000

15,079

Western

Superconducting

Technologies

Co.

Ltd.

200

2,911

Will

Semiconductor

Ltd.,

Class

A

540

7,525

Wingtech

Technology

Co.

Ltd.,

Class

A

300

2,594

Wuliangye

Yibin

Co.

Ltd.,

Class

A

1,600

49,490

Wuxi

AppTec

Co.

Ltd.,

Class

A

1,340

18,493

Wuxi

AppTec

Co.

Ltd.,

Class

H

(a)

1,700

22,013

Wuxi

Shangji

Automation

Co.,

Ltd.

200

3,381

Xinyi

Solar

Holdings

Ltd.

22,266

28,860

Yankuang

Energy

Group

Co.

Ltd.,

Class

A

1,100

5,589

Yankuang

Energy

Group

Co.

Ltd.,

Class

H

8,000

25,668

YongXing

Special

Materials

Technology

Co.

Ltd.,

Class

A

100

1,677

Yonyou

Network

Technology

Co.

Ltd.,

Class

A

1,200

4,353

YTO

Express

Group

Co.

Ltd.,

Class

A

1,300

4,038

Yum

China

Holdings,

Inc.

2,122

130,736

Yunnan

Baiyao

Group

Co.

Ltd.,

Class

A

780

6,633

Yunnan

Energy

New

Material

Co.

Ltd.,

Class

A

400

9,228

Zhangzhou

Pientzehuang

Pharmaceutical

Co.

Ltd.,

Class

A

300

13,799

Zhejiang

Chint

Electrics

Co.

Ltd.,

Class

A

900

4,282

Zhejiang

Huayou

Cobalt

Co.

Ltd.,

Class

A

650

6,323

Zhejiang

NHU

Co.

Ltd.,

Class

A

1,580

4,555

Zhejiang

Supcon

Technology

Co.

Ltd.,

Class

A

165

2,248

Zhongsheng

Group

Holdings

Ltd.

3,000

16,935

Zhuzhou

Crrc

Times

Electric

Co.

Ltd.,

Class

H

1,000

5,320

Zhuzhou

CRRC

Times

Electric

Co.

Ltd.,

Class

A

1,267

10,469

Zijin

Mining

Group

Co.

Ltd.,

Class

A

4,600

8,026

Zijin

Mining

Group

Co.

Ltd.,

Class

H

34,000

55,954

ZTE

Corp.,

Class

A

1,600

6,308

ZTE

Corp.,

Class

H

3,800

9,162

ZTO

Express

Cayman,

Inc.

2,150

60,562

10,059,366

Colombia

–

0.1%

Bancolombia

SA

1,496

13,489

Ecopetrol

SA

23,619

13,553

Grupo

Nutresa

SA

553

5,401

Interconexion

Electrica

SA

ESP

2,075

8,542

40,985

Czech

Republic

–

0.1%

CEZ

AS

870

35,255

Egypt

–

0.1%

Commercial

International

Bank

Egypt

SAE

11,981

19,655

Greece

–

0.2%

Eurobank

Ergasias

Services

and

Holdings

SA

(b)

12,666

17,057

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

Greece

–

0.2%

(continued)

Hellenic

Telecommunications

Organization

SA

1,106

17,381

OPAP

SA

822

12,302

46,740

Hong

Kong

–

0.1%

Orient

Overseas

International

Ltd.

(c)

500

8,273

Sino

Biopharmaceutical

Ltd.

51,500

29,894

38,167

Hungary

–

0.1%

OTP

Bank

NYRT

1,131

33,952

India

–

15.6%

ABB

India

Ltd.

246

8,526

Adani

Enterprises

Ltd.

1,408

51,108

Adani

Green

Energy

Ltd.

(b)

1,777

26,546

Adani

Ports

&

Special

Economic

Zone

Ltd.

3,795

28,378

Adani

Power

Ltd.

(b)

3,876

10,588

Adani

Total

Gas

Ltd.

1,405

36,154

Adani

Transmission

Ltd.

(b)

1,416

30,661

Adani

Wilmar

Ltd.

(b)

772

4,395

Ambuja

Cements

Ltd.

4,074

19,950

Apollo

Hospitals

Enterprise

Ltd.

506

26,285

Asian

Paints

Ltd.

2,326

77,388

Avenue

Supermarts

Ltd.,

Class

A

(a),(b)

747

31,933

Axis

Bank

Ltd.

11,568

123,066

Bajaj

Auto

Ltd.

335

15,613

Bajaj

Finance

Ltd.

1,351

97,066

Bajaj

Finserv

Ltd.

2,002

32,804

Bajaj

Holdings

&

Investment

Ltd.

138

9,911

Bank

of

Baroda

5,432

11,129

Berger

Paints

India

Ltd.

1,000

6,703

Bharat

Electronics

Ltd.

18,222

21,118

Bharat

Petroleum

Corp.

Ltd.

4,229

17,718

Bharti

Airtel

Ltd.

12,516

117,676

Britannia

Industries

Ltd.

605

31,883

Cholamandalam

Investment

and

Finance

Co.

Ltd.

2,080

17,948

Cipla

Ltd.

2,774

34,466

Coal

India

Ltd.

11,138

30,568

Dabur

India

Ltd.

2,856

19,443

Divi's

Laboratories

Ltd.

618

25,008

DLF

Ltd.

3,230

14,037

Dr.

Reddy's

Laboratories

Ltd.

604

31,879

Eicher

Motors

Ltd.

685

27,285

Gail

India

Ltd.

10,987

12,760

Godrej

Consumer

Products

Ltd.

(b)

2,096

23,364

Grasim

Industries

Ltd.

1,961

38,062

Havells

India

Ltd.

1,322

19,069

HCL

Technologies

Ltd.

5,353

73,321

HDFC

Bank

Ltd.

20,887

408,798

HDFC

Life

Insurance

Co.

Ltd.

(a)

4,613

32,592

Hindalco

Industries

Ltd.

7,391

42,256

Hindustan

Aeronautics

Ltd.

392

12,214

Hindustan

Unilever

Ltd.

4,509

141,813

Housing

Development

Finance

Corp.

Ltd.

9,169

293,546

ICICI

Bank

Ltd.

26,409

268,156

ICICI

Lombard

General

Insurance

Co.

Ltd.

(a)

1,161

16,010

ICICI

Prudential

Life

Insurance

Co.

Ltd.

(a)

1,780

9,829

Indian

Oil

Corp.

Ltd.

19,894

19,851

Indian

Railway

Catering

&

Tourism

Corp.

Ltd.

1,420

11,034

Indusind

Bank

Ltd.

2,965

39,192

Infosys

Ltd.

18,647

349,082

Interglobe

Aviation

Ltd.

(a),(b)

527

13,664

29

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

India

–

15.6%

(continued)

ITC

Ltd.

15,504

66,678

JSW

Steel

Ltd.

4,916

42,989

Kotak

Mahindra

Bank

Ltd.

5,454

115,233

Larsen

&

Toubro

Ltd.

3,557

92,232

Ltimindtree

Ltd.

(a)

250

13,330

Mahindra

&

Mahindra

Ltd.

4,923

82,847

Marico

Ltd.

2,651

16,117

Maruti

Suzuki

India

Ltd.

669

72,636

Nestle

India

Ltd.

176

40,854

NTPC

Ltd.

25,546

53,366

Oil

&

Natural

Gas

Corp.

Ltd.

19,048

33,688

Pidilite

Industries

Ltd.

766

21,313

Power

Grid

Corp.

of

India

Ltd.

17,251

45,618

Reliance

Industries

Ltd.

17,544

504,047

SBI

Cards

&

Payment

Services

Ltd.

1,366

12,052

SBI

Life

Insurance

Co.

Ltd.

(a)

2,354

35,040

Shree

Cement

Ltd.

44

12,720

Siemens

Ltd.

461

16,467

SRF

Ltd.

747

19,899

State

Bank

of

India

9,086

61,384

Sun

Pharmaceutical

Industries

Ltd.

5,675

71,657

Tata

Consultancy

Services

Ltd.

5,185

212,561

Tata

Consumer

Products

Ltd.

2,975

26,490

Tata

Motors

Ltd.

(b)

9,186

50,690

Tata

Motors

Ltd.,

Class

A

(b)

1,903

5,360

Tata

Power

Co.

Ltd.

(The)

8,930

23,206

Tata

Steel

Ltd.

39,596

57,851

Tech

Mahindra

Ltd.

3,336

41,329

Titan

Co.

Ltd.

2,214

64,239

Ultratech

Cement

Ltd.

562

48,604

United

Spirits

Ltd.

(b)

1,457

13,669

Varun

Beverages

Ltd.

1,145

16,019

Vedanta

Ltd.

5,499

22,310

Wipro

Ltd.

6,868

33,435

4,907,776

Indonesia

–

2.3%

Adaro

Energy

Indonesia

Tbk

PT

71,600

14,138

Adaro

Minerals

Indonesia

Tbk

PT

(b)

33,500

3,665

Astra

International

Tbk

PT

104,800

41,948

Bank

Central

Asia

Tbk

PT

290,200

164,072

Bank

Jago

Tbk

PT

(b)

8,600

1,842

Bank

Mandiri

(

Persero

)

Tbk

PT

111,900

74,277

Bank

Negara

Indonesia

(

Persero

)

Tbk

PT

40,600

24,783

Bank

Rakyat

Indonesia

(

Persero

)

Tbk

PT

359,300

109,779

Barito

Pacific

Tbk

PT

153,748

8,462

Bayan

Resources

Tbk

PT

39,000

52,295

Chandra

Asri

Petrochemical

Tbk

PT

117,900

18,169

Charoen

Pokphand

Indonesia

Tbk

PT

40,400

15,699

Elang

Mahkota

Teknologi

Tbk

PT

202,200

14,568

Goto

Gojek

Tokopedia

Tbk

PT,

Class

A

(b)

4,751,400

35,501

Indofood

CBP

Sukses

Makmur

Tbk

PT

9,000

6,064

Kalbe

Farma

Tbk

PT

98,800

13,578

Merdeka

Copper

Gold

Tbk

PT

(b)

71,200

22,419

Sumber

Alfaria

Trijaya

Tbk

PT

94,900

17,916

Telekomunikasi

Indonesia

(

Persero

)

Tbk

PT

241,000

61,898

Unilever

Indonesia

Tbk

PT

28,500

8,860

United

Tractors

Tbk

PT

7,200

11,792

Vale

Indonesia

Tbk

PT

(b)

9,800

4,854

726,579

Kuwait

–

0.9%

Agility

Public

Warehousing

Co.

KSCP

8,641

16,730

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

Kuwait

–

0.9%

(continued)

Boubyan

Bank

KSCP

5,512

14,157

Kuwait

Finance

House

KSCP

39,495

108,167

Mobile

Telecommunications

Co.

KSCP

9,804

17,793

National

Bank

of

Kuwait

SAKP

38,687

139,032

295,879

Malaysia

–

1.8%

Axiata

Group

BHD

24,700

17,545

CIMB

Group

Holdings

BHD

38,229

51,531

Digi.com

BHD

16,500

16,284

Genting

BHD

9,600

11,140

Genting

Malaysia

BHD

14,500

9,654

Hap

Seng

Consolidated

BHD

2,100

3,643

Hong

Leong

Bank

BHD

4,100

19,723

Hong

Leong

Financial

Group

BHD

1,300

5,638

IHH

Healthcare

BHD

17,000

23,593

IOI

Corp.

BHD

15,900

14,238

Kuala

Lumpur

Kepong

BHD

2,800

14,060

Malayan

Banking

BHD

36,699

75,192

Maxis

BHD

12,200

11,325

MISC

BHD

6,500

11,139

Mr

DIY

Group

M

BHD

(a)

12,750

5,679

Nestle

Malaysia

BHD

200

6,339

Petronas

Chemicals

Group

BHD

14,600

28,579

Petronas

Dagangan

BHD

1,800

9,199

Petronas

Gas

BHD

4,400

17,349

PPB

Group

BHD

3,600

14,853

Press

Metal

Aluminium

Holdings

BHD

17,000

20,643

Public

Bank

BHD

81,200

80,710

RHB

Bank

BHD

18,464

24,888

Sime

Darby

Plantation

BHD

16,200

16,444

Telekom

Malaysia

BHD

8,800

10,768

Tenaga

Nasional

BHD

13,900

30,695

550,851

Mexico

–

1.8%

America

Movil

SAB

de

CV,

Series

L

99,055

103,586

Arca

Continental

SAB

de

CV

2,207

19,499

Becle

SAB

de

CV

1,943

4,717

El

Puerto

de

Liverpool

SAB

de

CV

734

4,663

Fomento

Economico

Mexicano

SAB

de

CV

9,459

82,952

GMexico

Transportes

SAB

de

CV

(a)

2,066

4,468

Grupo

Bimbo

SAB

de

CV,

Series

A

6,578

32,711

Grupo

Carso

SAB

de

CV,

Series

A

2,316

11,642

Grupo

Elektra

SAB

de

CV

202

11,090

Grupo

Financiero

Banorte

SAB

de

CV,

Class

O

12,773

105,989

Grupo

Financiero

Inbursa

SAB

de

CV,

Class

O

(b)

10,169

21,971

Grupo

Mexico

SAB

de

CV,

Series

B

16,431

73,197

Wal-Mart

de

Mexico

SAB

de

CV

26,163

102,356

578,841

Peru

–

0.2%

Credicorp

Ltd.

343

46,065

Philippines

–

0.8%

Aboitiz

Equity

Ventures,

Inc.

11,300

11,760

ACEN

Corp.

66,070

8,466

Ayala

Corp.

1,380

17,860

Ayala

Land,

Inc.

28,200

15,125

Bank

of

The

Philippine

Islands

9,940

19,106

BDO

Unibank

,

Inc.

9,404

21,140

Emperador

,

Inc.

(b)

10,400

3,903

Globe

Telecom,

Inc.

172

6,360

International

Container

Terminal

Services,

Inc.

4,390

16,667

30

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

Philippines

–

0.8%

(continued)

JG

Summit

Holdings,

Inc.

16,422

16,098

Jollibee

Foods

Corp.

2,280

9,934

Manila

Electric

Co.

1,450

7,448

PLDT,

Inc.

465

11,423

SM

Investments

Corp.

2,565

43,198

SM

Prime

Holdings,

Inc.

58,500

39,516

Universal

Robina

Corp.

4,330

10,923

258,927

Qatar

–

0.8%

Industries

Qatar

QSC

11,080

42,747

Masraf

Al

Rayan

QSC

27,215

20,401

Mesaieed

Petrochemical

Holding

Co.

22,522

13,296

Ooredoo

QPSC

3,546

8,705

Qatar

Islamic

Bank

SAQ

8,368

45,198

Qatar

National

Bank

QPSC

22,566

111,537

241,884

Russia

–

0.0%

Alrosa

PJSC

(b),(d)

11,270

0

Gazprom

PJSC

(d)

67,050

0

LUKOIL

PJSC

(d)

2,071

0

Magnitogorsk

Iron

&

Steel

Works

PJSC

(d)

5,210

0

MMC

Norilsk

Nickel

PJSC

(d)

341

0

Novatek

PJSC

(d)

5,535

0

Novolipetsk

Steel

PJSC

(b),(d)

6,530

0

Phosagro

PJSC

(d)

229

0

PIK

Group

PJSC

(b),(d)

401

0

Polyus

PJSC

(b),(d)

181

0

Rosneft

Oil

Co.

PJSC

(d)

13,131

0

Sberbank

of

Russia

PJSC

(b),(d)

59,440

0

Severstal

PAO

PJSC

(b),(d)

859

0

Surgutneftegas

PJSC

(d)

45,300

0

Tatneft

PJSC

(d)

7,934

0

United

Co.

RUSAL

International

PJSC,

Class

A

(d)

10,710

0

VTB

Bank

PJSC

(b),(d)

21,230,000

0

0

Saudi

Arabia

–

3.5%

ACWA

Power

Co.

660

26,660

Al

Rajhi

Bank

(b)

10,184

222,512

Alamar

Foods

59

2,198

Alinma

Bank

4,759

41,656

Almarai

Co.

JSC

1,332

19,662

Bank

Albilad

(b)

2,423

28,956

Banque

Saudi

Fransi

3,115

33,906

Dr.

Sulaiman

Al

Habib

Medical

Services

Group

Co.

429

26,748

Riyad

Bank

7,363

60,426

Sabic

Agri

-Nutrients

Co.

1,173

42,819

Sahara

International

Petrochemical

Co.

1,795

17,697

Saudi

Arabian

Mining

Co.

(b)

4,182

82,125

Saudi

Arabian

Oil

Co.

(a)

11,023

96,778

Saudi

Basic

Industries

Corp.

4,677

115,523

Saudi

British

Bank

(The)

1,980

19,151

Saudi

Electricity

Co.

3,983

24,431

Saudi

National

Bank

(The)

10,981

138,396

Saudi

Telecom

Co.

9,025

88,735

1,088,379

South

Africa

–

3.0%

ABSA

Group

Ltd.

4,209

48,025

Anglo

American

Platinum

Ltd.

272

20,057

Bid

Corp.

Ltd.

1,756

36,123

Capitec

Bank

Holdings

Ltd.

476

48,938

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

South

Africa

–

3.0%

(continued)

Discovery

Ltd.

(b)

2,408

19,068

Firstrand

Ltd.

29,358

108,571

Gold

Fields

Ltd.

4,403

49,850

Impala

Platinum

Holdings

Ltd.

4,361

50,385

Kumba

Iron

Ore

Ltd.

291

8,842

MTN

Group

Ltd.

5,093

42,921

Naspers

Ltd.,

Class

N

1,107

212,574

Nedbank

Group

Ltd.

2,238

28,916

Pepkor

Holdings

Ltd.

(a)

5,691

6,711

Sanlam

Ltd.

9,089

29,362

Sasol

Ltd.

2,958

53,174

Shoprite

Holdings

Ltd.

2,540

35,000

Sibanye

Stillwater

Ltd.

14,365

37,381

Standard

Bank

Group

Ltd.

7,048

70,057

Vodacom

Group

Ltd.

3,612

25,285

931,240

South

Korea

–

11.6%

Amorepacific

Corp.

(b)

140

16,537

Celltrion

Healthcare

Co.

Ltd.

532

24,704

Celltrion

,

Inc.

541

70,974

Doosan

Enerbility

Co.

Ltd.

(b)

2,027

27,481

Ecopro

BM

Co.

Ltd.

264

21,389

Hana

Financial

Group,

Inc.

1,585

62,728

Hanwha

Solutions

Corp.

(b)

623

22,936

HMM

Co.

Ltd.

(b)

1,810

31,959

Hyundai

Glovis

Co.

Ltd.

106

14,276

Hyundai

Heavy

Industries

Co.

Ltd.

(b)

100

8,995

Hyundai

Mobis

Co.

Ltd.

326

54,386

Hyundai

Motor

Co.

759

102,901

Industrial

Bank

of

Korea

(b)

1,248

10,385

Kakao

Corp.

(b)

1,585

79,006

Kakaobank

Corp.

(b)

1,577

34,695

KB

Financial

Group,

Inc.

2,009

91,170

KIA

Corp.

1,412

76,572

Korea

Electric

Power

Corp.

(b)

1,180

19,006

Korea

Zinc

Co.

Ltd.

(b)

65

28,548

Korean

Air

Lines

Co.

Ltd.

(b)

739

14,548

KT

Corp.

(b)

647

18,410

KT&G

Corp.

(b)

562

42,202

L&F

Co.

Ltd.

122

20,403

LG

Chem

Ltd.

242

135,558

LG

Corp.

(b)

677

45,507

LG

Electronics,

Inc.

530

43,069

LG

Energy

Solution

(b)

213

90,090

LG

H&H

Co.

Ltd.

48

28,953

LG

Innotek

Co.

Ltd.

68

14,988

NAVER

Corp.

770

126,583

NCSoft

Corp.

(b)

82

30,222

POSCO

Chemical

Co.

Ltd.

154

28,005

POSCO

Holdings,

Inc.

379

92,458

Samsung

Biologics

Co.

Ltd.

(a),(b)

103

66,309

Samsung

C&T

Corp.

460

44,252

Samsung

Electro-Mechanics

Co.

Ltd.

304

35,217

Samsung

Electronics

Co.

Ltd.

26,026

1,288,834

Samsung

Fire

&

Marine

Insurance

Co.

Ltd.

164

27,027

Samsung

Life

Insurance

Co.

Ltd.

480

27,628

Samsung

SDI

Co.

Ltd.

285

158,488

Samsung

SDS

Co.

Ltd.

189

19,179

Shinhan

Financial

Group

Co.

Ltd.

2,548

85,947

SK

Bioscience

Co.

Ltd.

(b)

108

6,576

SK

Holdings

Co.

Ltd.

188

30,234

31

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

South

Korea

–

11.6%

(continued)

SK

Hynix,

Inc.

2,734

196,427

SK

Innovation

Co.

Ltd.

(b)

272

35,794

SK

Square

Co.

Ltd.

(b)

519

15,273

SK

Telecom

Co.

Ltd.

461

17,440

S-Oil

Corp.

182

13,032

Woori

Financial

Group,

Inc.

3,200

33,226

3,630,527

Taiwan

–

13.4%

Accton

Technology

Corp.

3,000

24,330

Advantech

Co.

Ltd.

2,299

26,110

ASE

Technology

Holding

Co.

Ltd.

18,000

59,950

Asia

Cement

Corp.

14,000

19,654

Asustek

Computer,

Inc.

4,000

36,237

AUO

Corp.

32,600

18,187

Cathay

Financial

Holding

Co.

Ltd.

50,836

72,042

Chailease

Holding

Co.

Ltd.

8,026

60,145

Chang

Hwa

Commercial

Bank

Ltd.

20,185

11,832

China

Development

Financial

Holding

Corp.

85,000

37,369

China

Steel

Corp.

66,000

69,572

Chunghwa

Telecom

Co.

Ltd.

19,000

71,191

CTBC

Financial

Holding

Co.

Ltd.

100,000

76,103

Delta

Electronics,

Inc.

10,000

96,253

E

Ink

Holdings,

Inc.

4,000

22,981

E.Sun

Financial

Holding

Co.

Ltd.

73,868

60,275

Eva

Airways

Corp.

14,000

13,522

Evergreen

Marine

Corp.

Taiwan

Ltd.

4,600

23,287

Far

Eastern

New

Century

Corp.

18,000

19,604

Far

Eastone

Telecommunications

Co.

Ltd.

7,000

15,550

Feng

Tay

Enterprise

Co.

Ltd.

2,600

17,059

First

Financial

Holding

Co.

Ltd.

57,659

50,122

Formosa

Chemicals

&

Fibre

Corp.

20,000

48,093

Formosa

Petrochemical

Corp.

9,000

25,149

Formosa

Plastics

Corp.

22,000

65,432

Fubon

Financial

Holding

Co.

Ltd.

42,891

85,996

Globalwafers

Co.

Ltd.

1,000

17,419

Hon

Hai

Precision

Industry

Co.

Ltd.

62,000

205,875

Hotai

Motor

Co.

Ltd.

2,000

43,697

Hua

Nan

Financial

Holdings

Co.

Ltd.

47,139

35,717

Largan

Precision

Co.

Ltd.

152

10,758

Lite-On

Technology

Corp.

12,000

26,538

MediaTek

,

Inc.

8,000

191,307

Mega

Financial

Holding

Co.

Ltd.

54,425

57,914

Nan

Ya

Plastics

Corp.

28,000

70,315

Nan

Ya

Printed

Circuit

Board

Corp.

1,000

8,093

Nanya

Technology

Corp.

6,000

11,550

Novatek

Microelectronics

Corp.

3,000

35,471

Pegatron

Corp.

11,000

23,630

Pharmaessentia

Corp.

(b)

1,000

16,287

Powerchip

Semiconductor

Manufacturing

Corp.

14,000

15,993

President

Chain

Store

Corp.

3,000

26,978

Quanta

Computer,

Inc.

14,000

34,831

Realtek

Semiconductor

Corp.

3,000

31,973

Shanghai

Commercial

&

Savings

Bank

Ltd.

(The)

24,686

38,314

SinoPac

Financial

Holdings

Co.

Ltd.

52,550

30,279

Taishin

Financial

Holding

Co.

Ltd.

65,106

35,236

Taiwan

Cement

Corp.

35,117

42,398

Taiwan

Cooperative

Financial

Holding

Co.

Ltd.

58,642

51,660

Taiwan

High

Speed

Rail

Corp.

11,000

10,698

Taiwan

Mobile

Co.

Ltd.

9,000

28,356

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

96,000

1,669,009

Unimicron

Technology

Corp.

6,000

27,277

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

Taiwan

–

13.4%

(continued)

Uni

-President

Enterprises

Corp.

24,000

53,795

United

Microelectronics

Corp.

60,000

97,519

Walsin

Lihwa

Corp.

13,000

23,467

Wan

HAI

Lines

Ltd.

5,590

14,131

Wiwynn

Corp.

369

9,217

Yageo

Corp.

1,591

28,614

Yang

Ming

Marine

Transport

Corp.

9,000

18,734

Yuanta

Financial

Holding

Co.

Ltd.

70,699

52,980

4,222,075

Thailand

–

2.1%

Advanced

INFO

Service

PCL,

NVDR

4,800

28,355

Airports

of

Thailand

PCL,

NVDR

(b)

22,700

51,060

Asset

World

Corp.

PCL,

NVDR

44,700

8,057

Bangkok

Bank

PCL,

NVDR

2,900

13,925

Bangkok

Dusit

Medical

Services

PCL,

NVDR

21,200

19,106

Bangkok

Expressway

&

Metro

PCL,

NVDR

39,200

11,519

Bank

of

Ayudhya

PCL,

NVDR

11,100

10,592

Berli

Jucker

PCL,

NVDR

4,600

5,295

Bumrungrad

Hospital

PCL,

NVDR

1,900

12,490

Central

Pattana

PCL,

NVDR

7,100

15,325

Central

Retail

Corp.

PCL,

NVDR

17,600

22,660

Charoen

Pokphand

Foods

PCL,

NVDR

15,400

11,010

CP

ALL

PCL,

NVDR

21,700

43,716

Delta

Electronics

Thailand

PCL,

NVDR

2,300

62,708

Energy

Absolute

PCL,

NVDR

9,900

25,942

Global

Power

Synergy

PCL,

NVDR

3,500

7,289

Gulf

Energy

Development

PCL,

NVDR

28,620

46,602

Home

Product

Center

PCL,

NVDR

21,100

9,141

Indorama

Ventures

PCL,

NVDR

9,500

11,656

Intouch

Holdings

PCL,

NVDR

6,300

13,884

Kasikornbank

PCL,

NVDR

5,700

25,038

Krung

Thai

Bank

PCL,

NVDR

19,300

10,232

Krungthai

Card

PCL,

NVDR

5,800

9,927

Minor

International

PCL,

NVDR

(b)

12,000

12,087

PTT

Exploration

&

Production

PCL,

NVDR

6,900

35,848

PTT

Global

Chemical

PCL,

NVDR

9,200

13,726

PTT

Oil

&

Retail

Business

PCL,

NVDR

15,100

10,247

PTT

PCL,

NVDR

41,000

41,298

SCB

X

PCL,

NVDR

3,300

10,397

SCG

Packaging

PCL,

NVDR

5,700

9,022

Siam

Cement

PCL

(The),

NVDR

1,500

15,268

Siam

Makro

PCL,

NVDR

8,200

10,371

TMBThanachart

Bank

PCL,

NVDR

212,600

9,467

True

Corp.

PCL,

NVDR

85,300

12,559

655,819

Turkey

–

0.7%

Akbank

T.A.S.

15,472

13,966

Aselsan

Elektronik

Sanayi

ve

Ticaret

AS

2,952

8,914

BIM

Birlesik

Magazalar

AS

2,250

14,892

Enka

Insaat

ve

Sanayi

AS

9,127

14,401

Eregli

Demir

ve

Celik

Fabrikalari

TAS

7,006

14,190

Ford

Otomotiv

Sanayi

AS

404

10,956

Haci

OMER

Sabanci

Holding

AS

6,568

13,625

Hektas

Ticaret

TAS

(b)

5,230

8,758

KOC

Holding

AS

5,760

23,410

Sasa

Polyester

Sanayi

AS

(b)

2,227

11,875

Turk

Hava

Yollari

AO

(b)

3,521

25,756

Turkiye

Garanti

Bankasi

AS

3,108

3,972

Turkiye

Is

Bankasi

AS,

Class

C

17,394

10,061

Turkiye

Petrol

Rafinerileri

AS

(b)

665

20,908

Turkiye

Sise

VE

CAM

Fabrikalari

AS

6,522

13,709

32

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.6%

(continued)

Turkey

–

0.7%

(continued)

Yapi

ve

Kredi

Bankasi

AS

13,396

6,466

215,859

United

Arab

Emirates

–

2.5%

Abu

Dhabi

Commercial

Bank

PJSC

14,301

32,744

Abu

Dhabi

Islamic

Bank

PJSC

7,121

18,263

Abu

Dhabi

National

Oil

Co.

for

Distribution

PJSC

14,421

17,275

Abu

Dhabi

Ports

Co.

PJSC

(b)

4,356

6,997

Adnoc

Drilling

Co.

PJSC

12,784

11,799

Aldar

Properties

PJSC

18,632

22,116

Alpha

Dhabi

Holding

PJSC

(b)

7,079

46,255

Dubai

Electricity

&

Water

Authority

PJSC

44,704

28,845

Dubai

Islamic

Bank

PJSC

13,908

21,015

Emaar

Properties

PJSC

31,365

47,478

Emirates

NBD

Bank

PJSC

12,044

42,463

Emirates

Telecommunications

Group

Co.

PJSC

17,147

119,976

Fertiglobe

PLC

5,849

6,370

First

Abu

Dhabi

Bank

PJSC

23,390

86,605

International

Holdings

Co.

PJSC

(b)

2,420

263,673

Multiply

Group

PJSC

(b)

16,998

18,696

790,570

United

States

–

0.0%

JBS

SA

3,305

13,074

Total

Common

Stocks

(cost

$27,694,369)

30,651,452

Principal

Amount

($)

Corporate

Bonds

–

0.0%

India

–

0.0%

Britannia

Industries

Ltd.,

Series

N3,

5.50%,

6/03/2024

19,575

232

Total

Corporate

Bonds

(cost

$269)

232

Shares

Preferred

Stocks

–

2.3%

Brazil

–

1.3%

Banco

Bradesco

SA,

7.29%

25,529

70,548

Centrais

Eletricas

Brasileiras

SA,

Class

B,

3.82%

1,473

12,356

Gerdau

SA,

11.30%

5,349

34,564

Itau

Unibanco

Holding

SA,

4.08%

24,666

122,714

Itausa

-

Investimentos

Itau

SA,

5.56%

27,960

46,788

Petroleo

Brasileiro

SA,

40.93%

23,681

121,767

408,737

Chile

–

0.2%

Sociedad

Quimica

y

Minera

de

Chile

SA,

Class

B,

8.93%

736

71,348

Colombia

–

0.1%

Bancolombia

SA,

9.02%

2,226

16,945

Russia

–

0.0%

Sberbank

of

Russia

PJSC,

14.35%

(b),(d)

4,890

0

Surgutneftegas

PJSC,

16.86%

(d)

37,000

0

Tatneft

PJSC,

Series

3,

12.19%

(d)

266

0

0

South

Korea

–

0.7%

Amorepacific

Corp.,

2.59%

(b)

50

2,005

Hyundai

Motor

Co.,

8.17%

160

11,158

Hyundai

Motor

Co.,

8.07%

93

6,485

LG

Chem

Ltd.,

3.33%

40

9,904

LG

Electronics,

Inc.,

1.66%

102

3,780

LG

H&H

Co.

Ltd.,

1.36%

10

2,578

Samsung

Electro-Mechanics

Co.

Ltd.,

3.07%

16

887

Samsung

Electronics

Co.

Ltd.,

2.54%

4,304

192,174

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Preferred

Stocks

–

2.3%

(continued)

South

Korea

–

0.7%

(continued)

Samsung

Fire

&

Marine

Insurance

Co.

Ltd.,

8.86%

21

2,653

S-Oil

Corp.,

4.64%

54

2,372

233,996

Total

Preferred

Stocks

(cost

$573,307)

731,026

Investment

Companies

–

0.1%

Registered

Investment

Companies

–

0.1%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(e)(f)

(cost

$27,858)

27,858

27,858

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.0%

Registered

Investment

Companies

–

0.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(e)(f)

(cost

$8,678)

8,678

8,678

Total

Investments

(cost

$28,304,481)

100.0%

31,419,246

Liabilities,

Less

Cash

and

Receivables

0.0%

(14,064)

Net

Assets

100.0%

31,405,182

ADR—American

Depositary

Receipt

NVDR—Non-Voting

Depositary

Receipt

(a)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2023,

these

securities

were

valued

at

$1,351,775

or

4.30%

of

net

assets.

(b)

Non-income

producing

security.

(c)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$34,710

and

the

value

of

the

collateral

was

$36,494,

consisting

of

cash

collateral

of

$8,678

and

U.S.

Government

&

Agency

securities

valued

at

$27,816.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(d)

The

fund

held

Level

3

securities

at

January

31,

2023.

These

securities

were

valued

at

$0

or

0.00%

of

net

assets.

(e)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(f)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

33

See

Notes

to

Statements

of

Investments

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

MSCI

Emerging

Market

Index

2

3/17/2023

97,969

104,460

6,491

34

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

Core

Bond

ETF

Description

Principal

Amount

($)

Value

($)

Asset-Backed

Securities

–

0.4%

American

Express

Credit

Account

Master

Trust

Series

2022-2,

Class

A,

3.39%,

5/15/2027

250,000

244,118

Series

2022-3,

Class

A,

3.75%,

8/15/2027

100,000

98,381

Barclays

Dryrock

Issuance

Trust,

Series

2022-1,

Class

A,

3.07%,

2/15/2028

100,000

96,849

Capital

One

Multi-Asset

Execution

Trust

Series

2022-A1,

Class

A1,

2.80%,

3/15/2027

40,000

38,616

Series

2022-A2,

Class

A,

3.49%,

5/15/2027

100,000

97,754

Series

2019-A3,

Class

A3,

2.06%,

8/15/2028

40,000

37,099

CarMax

Auto

Owner

Trust,

Series

2021-4,

Class

A4,

0.82%,

4/15/2027

140,000

127,298

Ford

Credit

Auto

Owner

Trust

Series

2022-A,

Class

A3,

1.29%,

6/15/2026

30,000

28,574

Series

2022-B,

Class

A3,

3.74%,

9/15/2026

25,000

24,569

GM

Financial

Automobile

Leasing

Trust,

Series

2022-2,

Class

A3,

3.42%,

6/20/2025

100,000

98,125

Harley-Davidson

Motorcycle

Trust,

Series

2022-

A,

Class

A3,

3.06%,

2/15/2027

25,000

24,357

Honda

Auto

Receivables

Owner

Trust,

Series

2020-3,

Class

A4,

0.46%,

4/19/2027

100,000

95,640

John

Deere

Owner

Trust,

Series

2021-A,

Class

A4,

0.62%,

12/15/2027

100,000

93,406

Mercedes-Benz

Auto

Lease

Trust,

Series

2021-B,

Class

A4,

0.51%,

3/15/2027

15,000

14,283

Oklahoma

Development

Finance

Authority,

Series

2022-ONG,

Class

A1,

3.88%,

5/01/2037

100,000

97,173

Toyota

Auto

Receivables

Owner

Trust,

Series

2020-D,

Class

A4,

0.47%,

1/15/2026

90,000

85,241

Volkswagen

Auto

Loan

Enhanced

Trust,

Series

2021-1,

Class

A4,

1.26%,

10/20/2028

100,000

92,209

World

Omni

Auto

Receivables

Trust

Series

2022-B,

Class

A3,

3.25%,

7/15/2027

100,000

97,364

Series

2021-C,

Class

A4,

0.64%,

9/15/2027

100,000

91,554

Total

Asset-Backed

Securities

(cost

$1,618,106)

1,582,610

Commercial

Mortgage-Backed

Securities

–

1.0%

Bank

Trust

Series

2019-BN16,

Class

A4,

4.01%,

2/15/2052

85,000

81,872

Series

2019-BN21,

Class

A5,

2.85%,

10/17/2052

50,000

44,661

Series

2021-BN31,

Class

A4,

2.04%,

2/15/2054

375,000

312,172

Series

2017-BNK6,

Class

A4,

3.25%,

7/15/2060

50,000

46,942

Series

2018-BN11,

Class

A2,

3.78%,

3/15/2061

190,000

180,995

Series

2019-BN18,

Class

A4,

3.58%,

5/15/2062

45,000

42,062

Barclays

Commercial

Mortgage

Trust,

Series

2019-C4,

Class

A5,

2.92%,

8/15/2052

25,000

22,506

BBCMS

Mortgage

Trust

Series

2020-C6,

Class

A4,

2.64%,

2/15/2053

60,000

52,703

Series

2021-C9,

Class

A5,

2.30%,

2/15/2054

50,000

42,116

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Commercial

Mortgage-Backed

Securities

–

1.0%

(continued)

Benchmark

Mortgage

Trust

Series

2020-IG1,

Class

AS,

2.91%,

9/15/2043

50,000

41,650

Series

2018-B2,

Class

A4,

3.61%,

2/15/2051

50,000

47,406

Series

2018-B3,

Class

A3,

3.75%,

4/10/2051

175,000

169,379

Series

2021-B27,

Class

A5,

2.39%,

7/15/2054

120,000

100,853

Series

2022-B32,

Class

A5,

3.00%,

1/15/2055

150,000

130,901

Series

2022-B34,

Class

A5,

3.79%,

4/15/2055

100,000

92,987

Series

2022-B35,

Class

A5,

4.45%,

5/15/2055

105,000

103,766

Series

2019-B13,

Class

A2,

2.89%,

8/15/2057

100,000

95,523

Citigroup

Commercial

Mortgage

Trust

Series

2015-GC35,

Class

A4,

3.82%,

11/10/2048

100,000

96,587

Series

2016-P4,

Class

AS,

3.08%,

7/10/2049

120,000

108,731

Series

2017-C4,

Class

A4,

3.47%,

10/12/2050

125,000

117,727

Series

2022-GC48,

Class

A5,

4.58%,

5/15/2054

186,000

185,581

COMM

Mortgage

Trust

Series

2014-UBS6,

Class

AM,

4.05%,

12/10/2047

125,000

119,586

Series

2015-CR26,

Class

A3,

3.36%,

10/10/2048

85,903

82,359

Series

2015-LC23,

Class

A4,

3.77%,

10/10/2048

50,000

48,375

Series

2019-GC44,

Class

A5,

2.95%,

8/15/2057

200,000

178,573

CSAIL

Commercial

Mortgage

Trust

Series

2015-C4,

Class

C,

4.56%,

11/15/2048

108,000

97,931

Series

2018-CX11,

Class

A4,

3.77%,

4/15/2051

50,000

47,871

GS

Mortgage

Securities

Trust

Series

2016-GS2,

Class

A4,

3.05%,

5/10/2049

100,000

94,361

Series

2017-GS8,

Class

A3,

3.21%,

11/10/2050

80,000

74,644

Series

2017-GS8,

Class

A4,

3.47%,

11/10/2050

25,000

23,535

JPMBB

Commercial

Mortgage

Securities

Trust

Series

2014-C24,

Class

A4A1,

3.37%,

11/15/2047

100,000

96,709

Series

2015-C32,

Class

A5,

3.60%,

11/15/2048

100,000

95,451

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

Series

2014-C17,

Class

A5,

3.74%,

8/15/2047

35,000

34,043

Series

2016-C29,

Class

A4,

3.33%,

5/15/2049

150,000

142,722

Morgan

Stanley

Capital

I

Trust

Series

2016-UBS9,

Class

A4,

3.59%,

3/15/2049

50,000

47,957

Series

2020-L4,

Class

A3,

2.70%,

2/15/2053

100,000

87,627

UBS

Commercial

Mortgage

Trust

Series

2018-C8,

Class

A3,

3.72%,

2/15/2051

24,058

22,879

Series

2019-C16,

Class

A4,

3.60%,

4/15/2052

75,000

69,841

35

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Commercial

Mortgage-Backed

Securities

–

1.0%

(continued)

Wells

Fargo

Commercial

Mortgage

Trust

Series

2015-NXS1,

Class

A5,

3.15%,

5/15/2048

95,000

90,981

Series

2015-C28,

Class

A4,

3.54%,

5/15/2048

60,000

57,935

Series

2016-C34,

Class

AS,

3.48%,

6/15/2049

100,000

91,279

Series

2017-C41,

Class

A3,

3.21%,

11/15/2050

250,000

232,388

Series

2017-C41,

Class

A4,

3.47%,

11/15/2050

10,000

9,426

Series

2019-C50,

Class

A5,

3.73%,

5/15/2052

150,000

141,334

Series

2020-C55,

Class

A5,

2.73%,

2/15/2053

100,000

87,833

Series

2016-NXS5,

Class

A5,

3.37%,

1/15/2059

50,000

47,774

WFRBS

Commercial

Mortgage

Trust

Series

2014-C24,

Class

A5,

3.61%,

11/15/2047

30,000

29,067

Series

2014-C22,

Class

A5,

3.75%,

9/15/2057

10,000

9,722

Total

Commercial

Mortgage-Backed

Securities

(cost

$4,696,845)

4,279,323

Corporate

Bonds

–

24.6%

Basic

Materials

–

0.6%

Air

Products

&

Chemicals,

Inc.

2.05%,

5/15/2030

31,000

26,946

2.70%,

5/15/2040

50,000

39,658

2.80%,

5/15/2050

35,000

26,062

Albemarle

Corp.,

5.45%,

12/01/2044

50,000

49,255

Barrick

PD

Australia

Finance

Pty

Ltd.,

5.95%,

10/15/2039

50,000

54,763

BHP

Billiton

Finance

USA

Ltd.,

4.13%,

2/24/2042

35,000

32,721

Celanese

US

Holdings

LLC

5.90%,

7/05/2024

50,000

50,291

6.05%,

3/15/2025

100,000

100,781

Celulosa

Arauco

y

Constitucion

SA,

4.50%,

8/01/2024

75,000

74,090

Dow

Chemical

Co.

(The),

4.38%,

11/15/2042

20,000

17,871

DuPont

de

Nemours,

Inc.

4.49%,

11/15/2025

15,000

14,994

4.73%,

11/15/2028

35,000

35,510

5.42%,

11/15/2048

100,000

103,149

Eastman

Chemical

Co.,

4.65%,

10/15/2044

50,000

44,711

Ecolab,

Inc.

5.25%,

1/15/2028

100,000

103,902

4.80%,

3/24/2030

(a)

35,000

35,901

1.30%,

1/30/2031

(a)

20,000

15,969

2.13%,

8/15/2050

10,000

6,094

2.75%,

8/18/2055

10,000

6,601

EIDP,

Inc.,

1.70%,

7/15/2025

130,000

121,447

Fibria

Overseas

Finance

Ltd.,

5.50%,

1/17/2027

50,000

50,394

FMC

Corp.

3.45%,

10/01/2029

50,000

45,997

4.50%,

10/01/2049

25,000

21,502

Freeport-McMoRan,

Inc.

4.25%,

3/01/2030

50,000

46,765

5.45%,

3/15/2043

20,000

19,460

Huntsman

International

LLC

4.50%,

5/01/2029

10,000

9,375

2.95%,

6/15/2031

50,000

41,289

International

Flavors

&

Fragrances,

Inc.,

5.00%,

9/26/2048

20,000

18,639

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Basic

Materials

–

0.6%

(continued)

International

Paper

Co.,

4.80%,

6/15/2044

88,000

82,616

Kinross

Gold

Corp.,

5.95%,

3/15/2024

12,000

12,053

LYB

International

Finance

III

LLC

2.25%,

10/01/2030

(a)

84,000

69,876

3.38%,

10/01/2040

20,000

15,367

4.20%,

5/01/2050

50,000

40,565

3.63%,

4/01/2051

33,000

24,240

3.80%,

10/01/2060

10,000

7,218

LyondellBasell

Industries

NV,

4.63%,

2/26/2055

10,000

8,614

Mosaic

Co.

(The),

4.88%,

11/15/2041

10,000

9,127

NewMarket

Corp.,

2.70%,

3/18/2031

25,000

20,692

Newmont

Corp.,

4.88%,

3/15/2042

35,000

34,402

Nucor

Corp.,

2.00%,

6/01/2025

80,000

75,204

Nutrien

Ltd.

4.20%,

4/01/2029

20,000

19,444

2.95%,

5/13/2030

70,000

62,516

4.13%,

3/15/2035

100,000

91,108

3.95%,

5/13/2050

15,000

12,309

Rio

Tinto

Alcan,

Inc.

7.25%,

3/15/2031

26,000

30,448

6.13%,

12/15/2033

264,000

296,354

Sherwin-Williams

Co.

(The)

2.30%,

5/15/2030

25,000

21,385

4.00%,

12/15/2042

40,000

33,614

4.50%,

6/01/2047

25,000

22,530

3.30%,

5/15/2050

75,000

55,048

Southern

Copper

Corp.

3.88%,

4/23/2025

30,000

29,213

5.88%,

4/23/2045

20,000

21,301

Steel

Dynamics,

Inc.,

3.25%,

10/15/2050

25,000

18,302

Suzano

Austria

GmbH

5.00%,

1/15/2030

20,000

19,130

Series

DM3N,

3.13%,

1/15/2032

130,000

103,578

Teck

Resources

Ltd.,

6.13%,

10/01/2035

150,000

156,911

Vale

Overseas

Ltd.,

3.75%,

7/08/2030

175,000

157,012

Westlake

Corp.

3.60%,

8/15/2026

34,000

32,482

5.00%,

8/15/2046

25,000

22,494

Yamana

Gold,

Inc.,

2.63%,

8/15/2031

50,000

39,645

2,858,935

Communications

–

2.3%

Alphabet,

Inc.

3.38%,

2/25/2024

75,000

74,136

1.10%,

8/15/2030

24,000

19,499

2.05%,

8/15/2050

160,000

102,339

2.25%,

8/15/2060

10,000

6,163

Amazon.com,

Inc.

3.80%,

12/05/2024

50,000

49,626

0.80%,

6/03/2025

25,000

23,047

3.30%,

4/13/2027

40,000

38,677

1.20%,

6/03/2027

100,000

88,198

3.15%,

8/22/2027

200,000

191,284

1.65%,

5/12/2028

25,000

22,044

1.50%,

6/03/2030

25,000

20,737

2.10%,

5/12/2031

25,000

21,296

3.60%,

4/13/2032

35,000

33,273

4.80%,

12/05/2034

50,000

51,922

3.88%,

8/22/2037

100,000

93,079

36

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Communications

–

2.3%

(continued)

2.88%,

5/12/2041

30,000

23,657

4.05%,

8/22/2047

35,000

31,763

2.50%,

6/03/2050

155,000

105,054

4.25%,

8/22/2057

25,000

22,908

2.70%,

6/03/2060

(a)

10,000

6,538

3.25%,

5/12/2061

60,000

44,338

4.10%,

4/13/2062

40,000

35,085

America

Movil

SAB

de

CV

2.88%,

5/07/2030

210,000

185,344

6.13%,

3/30/2040

70,000

77,051

4.38%,

7/16/2042

200,000

182,986

AT&T,

Inc.

3.88%,

1/15/2026

115,000

113,096

1.70%,

3/25/2026

25,000

22,918

2.95%,

7/15/2026

(a)

50,000

47,597

3.80%,

2/15/2027

30,000

29,192

1.65%,

2/01/2028

200,000

175,463

4.10%,

2/15/2028

75,000

73,678

4.30%,

2/15/2030

25,000

24,387

2.75%,

6/01/2031

50,000

43,161

2.25%,

2/01/2032

50,000

40,852

2.55%,

12/01/2033

50,000

40,393

4.85%,

3/01/2039

35,000

33,498

3.50%,

6/01/2041

25,000

20,119

5.15%,

3/15/2042

139,000

134,830

3.10%,

2/01/2043

40,000

29,877

4.50%,

3/09/2048

50,000

43,908

4.55%,

3/09/2049

50,000

44,263

3.30%,

2/01/2052

200,000

146,764

3.50%,

9/15/2053

119,000

88,000

3.55%,

9/15/2055

50,000

36,660

5.70%,

3/01/2057

50,000

52,535

3.80%,

12/01/2057

65,000

49,419

3.65%,

9/15/2059

50,000

36,634

3.85%,

6/01/2060

45,000

34,125

Baidu,

Inc.,

4.38%,

5/14/2024

300,000

296,837

Bell

Telephone

Co.

of

Canada

or

Bell

Canada

(The),

4.30%,

7/29/2049

50,000

43,841

Booking

Holdings,

Inc.,

3.65%,

3/15/2025

50,000

48,927

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

4.50%,

2/01/2024

25,000

24,790

4.91%,

7/23/2025

210,000

208,927

4.20%,

3/15/2028

25,000

23,739

5.05%,

3/30/2029

50,000

48,638

2.80%,

4/01/2031

50,000

40,875

2.30%,

2/01/2032

45,000

34,527

6.38%,

10/23/2035

25,000

25,471

3.50%,

6/01/2041

45,000

31,512

5.75%,

4/01/2048

50,000

44,490

5.13%,

7/01/2049

75,000

61,876

4.80%,

3/01/2050

10,000

7,855

3.70%,

4/01/2051

15,000

9,927

6.83%,

10/23/2055

50,000

49,653

3.85%,

4/01/2061

100,000

63,180

4.40%,

12/01/2061

60,000

41,891

5.50%,

4/01/2063

50,000

41,564

Cisco

Systems,

Inc.

2.95%,

2/28/2026

25,000

24,125

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Communications

–

2.3%

(continued)

5.50%,

1/15/2040

25,000

27,621

Comcast

Corp.

2.35%,

1/15/2027

45,000

41,785

3.55%,

5/01/2028

50,000

48,092

4.15%,

10/15/2028

25,000

24,755

1.95%,

1/15/2031

85,000

71,122

1.50%,

2/15/2031

50,000

40,398

4.25%,

1/15/2033

50,000

48,944

4.20%,

8/15/2034

50,000

48,550

5.65%,

6/15/2035

25,000

27,262

4.60%,

10/15/2038

25,000

24,556

6.55%,

7/01/2039

100,000

117,053

3.25%,

11/01/2039

143,000

118,985

3.75%,

4/01/2040

15,000

13,250

3.97%,

11/01/2047

50,000

43,185

4.70%,

10/15/2048

100,000

96,538

4.00%,

11/01/2049

50,000

43,050

2.80%,

1/15/2051

20,000

13,862

4.95%,

10/15/2058

(a)

90,000

89,382

2.65%,

8/15/2062

50,000

31,467

2.99%,

11/01/2063

185,000

123,486

Corning,

Inc.

3.90%,

11/15/2049

50,000

39,612

4.38%,

11/15/2057

35,000

30,057

5.85%,

11/15/2068

25,000

25,156

Deutsche

Telekom

International

Finance

BV

8.75%,

6/15/2030

10,000

12,214

9.25%,

6/01/2032

100,000

130,701

Discovery

Communications

LLC

3.95%,

3/20/2028

25,000

23,363

3.63%,

5/15/2030

100,000

88,053

4.88%,

4/01/2043

25,000

20,597

4.00%,

9/15/2055

24,000

16,493

eBay,

Inc.

4.00%,

7/15/2042

100,000

85,130

3.65%,

5/10/2051

3,000

2,340

Expedia

Group,

Inc.,

3.80%,

2/15/2028

33,000

31,195

Fox

Corp.

4.71%,

1/25/2029

10,000

9,884

3.50%,

4/08/2030

10,000

9,149

Interpublic

Group

of

Cos.,

Inc.

(The),

3.38%,

3/01/2041

60,000

45,630

Juniper

Networks,

Inc.

1.20%,

12/10/2025

10,000

9,025

3.75%,

8/15/2029

50,000

46,138

Meta

Platforms,

Inc.

3.85%,

8/15/2032

100,000

93,121

4.65%,

8/15/2062

65,000

57,144

Motorola

Solutions,

Inc.

2.30%,

11/15/2030

45,000

36,441

5.50%,

9/01/2044

22,000

21,281

Omnicom

Group,

Inc.

4.20%,

6/01/2030

25,000

24,055

2.60%,

8/01/2031

25,000

21,232

Paramount

Global

2.90%,

1/15/2027

(a)

37,000

34,031

7.88%,

7/30/2030

75,000

82,630

4.38%,

3/15/2043

120,000

88,551

37

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Communications

–

2.3%

(continued)

5.85%,

9/01/2043

25,000

22,274

4.95%,

5/19/2050

110,000

87,379

Rogers

Communications,

Inc.,

2.90%,

11/15/2026

35,000

32,606

TCI

Communications,

Inc.,

7.88%,

2/15/2026

100,000

109,731

Telefonica

Emisiones

SA,

7.05%,

6/20/2036

30,000

32,891

TELUS

Corp.

2.80%,

2/16/2027

80,000

75,024

4.60%,

11/16/2048

50,000

46,384

Thomson

Reuters

Corp.,

5.65%,

11/23/2043

150,000

146,008

Time

Warner

Cable

LLC

7.30%,

7/01/2038

10,000

10,734

5.50%,

9/01/2041

125,000

112,043

4.50%,

9/15/2042

50,000

39,670

T-Mobile

USA,

Inc.

3.50%,

4/15/2025

100,000

97,123

1.50%,

2/15/2026

20,000

18,249

2.25%,

2/15/2026

50,000

46,348

2.63%,

4/15/2026

50,000

46,716

3.75%,

4/15/2027

110,000

105,819

2.05%,

2/15/2028

30,000

26,436

2.40%,

3/15/2029

100,000

87,004

3.88%,

4/15/2030

10,000

9,365

2.55%,

2/15/2031

20,000

16,992

4.38%,

4/15/2040

50,000

45,317

4.50%,

4/15/2050

10,000

8,827

3.40%,

10/15/2052

350,000

255,262

5.80%,

9/15/2062

25,000

26,233

TWDC

Enterprises

18

Corp.

Series

E,

4.13%,

12/01/2041

100,000

91,485

4.13%,

6/01/2044

15,000

13,724

VeriSign,

Inc.

5.25%,

4/01/2025

100,000

100,387

4.75%,

7/15/2027

35,000

34,734

Verizon

Communications,

Inc.

2.63%,

8/15/2026

30,000

28,171

4.33%,

9/21/2028

150,000

147,896

1.75%,

1/20/2031

80,000

64,411

2.55%,

3/21/2031

175,000

149,042

2.36%,

3/15/2032

150,000

123,589

4.50%,

8/10/2033

50,000

48,933

2.65%,

11/20/2040

20,000

14,459

3.40%,

3/22/2041

35,000

28,180

2.85%,

9/03/2041

50,000

37,094

6.55%,

9/15/2043

200,000

231,471

4.86%,

8/21/2046

50,000

48,264

4.52%,

9/15/2048

150,000

137,657

2.88%,

11/20/2050

55,000

37,414

5.01%,

8/21/2054

25,000

24,547

4.67%,

3/15/2055

25,000

23,209

3.00%,

11/20/2060

10,000

6,505

3.70%,

3/22/2061

50,000

37,948

Vodafone

Group

PLC

4.13%,

5/30/2025

54,000

53,150

5.25%,

5/30/2048

10,000

9,504

Walt

Disney

Co.

(The)

3.70%,

10/15/2025

250,000

244,486

3.80%,

3/22/2030

150,000

144,187

2.65%,

1/13/2031

175,000

154,362

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Communications

–

2.3%

(continued)

3.50%,

5/13/2040

30,000

25,687

Weibo

Corp.,

3.38%,

7/08/2030

200,000

167,482

9,993,037

Consumer,

Cyclical

–

1.6%

Advance

Auto

Parts,

Inc.,

1.75%,

10/01/2027

106,000

91,757

American

Airlines

Pass-Through

Trust,

Series

2017-1,

Class

AA,

3.65%,

2/15/2029

36,688

33,104

American

Honda

Finance

Corp.,

1.20%,

7/08/2025

20,000

18,445

AutoNation,

Inc.,

4.75%,

6/01/2030

30,000

28,192

AutoZone,

Inc.

3.25%,

4/15/2025

15,000

14,501

3.63%,

4/15/2025

25,000

24,433

Brunswick

Corp.,

0.85%,

8/18/2024

100,000

93,224

Choice

Hotels

International,

Inc.,

3.70%,

1/15/2031

50,000

44,342

Costco

Wholesale

Corp.,

3.00%,

5/18/2027

73,000

70,083

Cummins,

Inc.,

2.60%,

9/01/2050

50,000

33,679

Darden

Restaurants,

Inc.,

4.55%,

2/15/2048

70,000

58,296

Delta

Air

Lines

Pass-Through

Trust,

Series

2019-

1,

Class

AA,

3.20%,

10/25/2025

50,000

48,963

Dick's

Sporting

Goods,

Inc.,

4.10%,

1/15/2052

50,000

35,220

Dollar

General

Corp.,

3.50%,

4/03/2030

50,000

46,103

General

Motors

Co.

6.13%,

10/01/2025

150,000

153,817

4.20%,

10/01/2027

150,000

145,039

6.80%,

10/01/2027

50,000

53,158

6.60%,

4/01/2036

15,000

15,699

5.15%,

4/01/2038

100,000

91,084

5.20%,

4/01/2045

50,000

43,614

5.95%,

4/01/2049

(a)

53,000

50,847

General

Motors

Financial

Co.,

Inc.

6.05%,

10/10/2025

50,000

50,951

4.00%,

10/06/2026

50,000

48,192

4.35%,

1/17/2027

20,000

19,411

6.00%,

1/09/2028

100,000

102,897

2.35%,

1/08/2031

45,000

35,982

2.70%,

6/10/2031

50,000

40,345

Genuine

Parts

Co.,

1.88%,

11/01/2030

25,000

19,880

Hasbro,

Inc.

3.55%,

11/19/2026

50,000

47,640

3.50%,

9/15/2027

25,000

23,410

3.90%,

11/19/2029

50,000

45,699

6.35%,

3/15/2040

50,000

51,480

Home

Depot,

Inc.

(The)

3.35%,

9/15/2025

25,000

24,400

0.90%,

3/15/2028

100,000

85,138

2.70%,

4/15/2030

168,000

151,235

1.38%,

3/15/2031

127,000

102,325

4.50%,

9/15/2032

(a)

100,000

101,210

5.88%,

12/16/2036

100,000

112,446

4.25%,

4/01/2046

150,000

139,634

3.50%,

9/15/2056

15,000

12,189

Honda

Motor

Co.,

Ltd.

2.27%,

3/10/2025

300,000

285,727

2.97%,

3/10/2032

150,000

133,665

Hyatt

Hotels

Corp.

4.85%,

3/15/2026

50,000

49,878

4.38%,

9/15/2028

25,000

23,885

38

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Cyclical

–

1.6%

(continued)

6.00%,

4/23/2030

25,000

25,765

Jetblue

Pass-Through

Trust,

Series

2020-1,

Class

A,

4.00%,

5/15/2034

34,765

31,536

Lear

Corp.

3.50%,

5/30/2030

113,000

98,976

5.25%,

5/15/2049

50,000

44,514

Lennar

Corp.,

4.75%,

5/30/2025

80,000

79,122

Lowe's

Cos.,

Inc.

1.70%,

9/15/2028

75,000

64,618

1.70%,

10/15/2030

40,000

32,550

3.75%,

4/01/2032

(a)

100,000

92,726

4.05%,

5/03/2047

10,000

8,414

3.00%,

10/15/2050

10,000

6,864

3.50%,

4/01/2051

30,000

22,624

Magna

International,

Inc.,

2.45%,

6/15/2030

20,000

17,116

Marriott

International,

Inc.

3.75%,

10/01/2025

100,000

97,191

Series

AA,

4.65%,

12/01/2028

50,000

49,610

McDonald's

Corp.

3.38%,

5/26/2025

85,000

82,890

3.30%,

7/01/2025

60,000

58,428

2.63%,

9/01/2029

20,000

18,035

4.70%,

12/09/2035

19,000

19,015

4.88%,

12/09/2045

30,000

29,693

4.45%,

3/01/2047

50,000

46,440

4.45%,

9/01/2048

40,000

37,234

MDC

Holdings,

Inc.

2.50%,

1/15/2031

175,000

133,254

6.00%,

1/15/2043

40,000

35,478

Nike,

Inc.

2.40%,

3/27/2025

100,000

96,766

2.38%,

11/01/2026

40,000

37,565

3.25%,

3/27/2040

40,000

34,306

O'Reilly

Automotive,

Inc.

3.60%,

9/01/2027

50,000

48,199

3.90%,

6/01/2029

45,000

43,045

1.75%,

3/15/2031

(a)

20,000

16,064

PACCAR

Financial

Corp.,

0.35%,

2/02/2024

50,000

47,758

PulteGroup,

Inc.,

6.00%,

2/15/2035

50,000

50,848

PVH

Corp.,

4.63%,

7/10/2025

50,000

49,168

Southwest

Airlines

Co.

5.25%,

5/04/2025

153,000

154,066

5.13%,

6/15/2027

25,000

25,270

2.63%,

2/10/2030

5,000

4,356

Starbucks

Corp.

2.00%,

3/12/2027

25,000

22,783

3.55%,

8/15/2029

101,000

95,506

4.50%,

11/15/2048

25,000

23,009

4.45%,

8/15/2049

40,000

36,548

3.50%,

11/15/2050

145,000

113,146

Target

Corp.

2.25%,

4/15/2025

200,000

190,677

2.50%,

4/15/2026

50,000

47,531

2.35%,

2/15/2030

40,000

35,117

4.50%,

9/15/2032

(a)

100,000

100,833

3.63%,

4/15/2046

25,000

21,249

4.80%,

1/15/2053

100,000

101,288

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Cyclical

–

1.6%

(continued)

Toyota

Motor

Corp.

0.68%,

3/25/2024

125,000

119,419

2.36%,

7/02/2024

100,000

96,849

Toyota

Motor

Credit

Corp.

4.40%,

9/20/2024

100,000

99,563

4.80%,

1/10/2025

150,000

150,618

1.15%,

8/13/2027

20,000

17,407

4.55%,

9/20/2027

100,000

100,901

5.45%,

11/10/2027

100,000

104,359

4.63%,

1/12/2028

200,000

202,179

United

Airlines

Pass-Through

Trust

Series

2012-1,

Class

A,

4.15%,

4/11/2024

13,311

12,975

Series

2013-1,

Class

A,

4.30%,

8/15/2025

28,909

27,498

Series

2018-1,

Class

AA,

3.50%,

3/01/2030

80,911

71,632

Walgreens

Boots

Alliance,

Inc.

3.20%,

4/15/2030

(a)

50,000

44,465

4.80%,

11/18/2044

25,000

22,226

4.10%,

4/15/2050

50,000

38,307

Walmart,

Inc.

5.88%,

4/05/2027

77,000

82,578

1.50%,

9/22/2028

50,000

43,951

2.38%,

9/24/2029

3,000

2,694

3.95%,

6/28/2038

10,000

9,607

2.50%,

9/22/2041

100,000

76,567

4.05%,

6/29/2048

60,000

57,089

WarnerMedia

Holdings,

Inc.

3.79%,

3/15/2025

(b)

50,000

48,297

5.14%,

3/15/2052

(b)

150,000

124,603

5.39%,

3/15/2062

(b)

200,000

166,470

Whirlpool

Corp.,

4.75%,

2/26/2029

(a)

10,000

9,929

7,158,593

Consumer,

Non-cyclical

–

4.1%

Abbott

Laboratories

6.00%,

4/01/2039

25,000

28,848

4.90%,

11/30/2046

70,000

73,062

AbbVie,

Inc.

3.85%,

6/15/2024

50,000

49,392

2.60%,

11/21/2024

150,000

144,562

3.80%,

3/15/2025

50,000

49,066

3.20%,

11/21/2029

45,000

41,798

4.05%,

11/21/2039

35,000

31,540

4.40%,

11/06/2042

45,000

41,542

4.70%,

5/14/2045

75,000

71,697

4.25%,

11/21/2049

217,000

194,392

Adventist

Health

System/West,

3.63%,

3/01/2049

100,000

75,828

Advocate

Health

&

Hospitals

Corp.

3.83%,

8/15/2028

50,000

47,975

Series

2020,

2.21%,

6/15/2030

15,000

12,678

Aetna,

Inc.

6.63%,

6/15/2036

50,000

56,100

4.75%,

3/15/2044

35,000

32,595

3.88%,

8/15/2047

50,000

41,385

Ahold

Finance

USA

LLC,

6.88%,

5/01/2029

25,000

26,640

AHS

Hospital

Corp.,

5.02%,

7/01/2045

50,000

51,414

Altria

Group,

Inc.

4.40%,

2/14/2026

10,000

9,957

3.40%,

5/06/2030

150,000

132,814

39

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

2.45%,

2/04/2032

35,000

27,249

5.80%,

2/14/2039

75,000

72,289

3.40%,

2/04/2041

50,000

35,134

4.50%,

5/02/2043

40,000

31,804

4.45%,

5/06/2050

15,000

11,236

4.00%,

2/04/2061

10,000

6,913

AmerisourceBergen

Corp.,

3.45%,

12/15/2027

50,000

47,780

Amgen,

Inc.

3.63%,

5/22/2024

50,000

49,229

2.20%,

2/21/2027

50,000

45,885

2.30%,

2/25/2031

45,000

37,922

4.40%,

5/01/2045

75,000

66,986

4.56%,

6/15/2048

20,000

18,233

3.38%,

2/21/2050

200,000

150,000

3.00%,

1/15/2052

50,000

34,566

2.77%,

9/01/2053

10,000

6,470

Anheuser-Busch

Cos.

LLC

/

Anheuser-Busch

InBev

Worldwide,

Inc.,

4.90%,

2/01/2046

36,000

35,152

Anheuser-Busch

InBev

Finance,

Inc.,

4.90%,

2/01/2046

25,000

24,374

Anheuser-Busch

InBev

Worldwide,

Inc.

3.50%,

6/01/2030

110,000

103,705

4.90%,

1/23/2031

(a)

75,000

77,604

4.38%,

4/15/2038

25,000

23,753

8.20%,

1/15/2039

25,000

32,887

5.45%,

1/23/2039

25,000

26,217

8.00%,

11/15/2039

25,000

32,054

4.35%,

6/01/2040

100,000

92,548

4.95%,

1/15/2042

25,000

24,848

4.50%,

6/01/2050

(a)

250,000

237,361

5.80%,

1/23/2059

45,000

50,003

Archer-Daniels-Midland

Co.

2.50%,

8/11/2026

25,000

23,580

4.54%,

3/26/2042

87,000

83,657

Ascension

Health

3.95%,

11/15/2046

25,000

21,987

4.85%,

11/15/2053

65,000

66,951

AstraZeneca

Finance

LLC,

1.20%,

5/28/2026

75,000

67,778

AstraZeneca

PLC

0.70%,

4/08/2026

90,000

80,325

4.00%,

9/18/2042

50,000

46,375

4.38%,

11/16/2045

75,000

72,595

Banner

Health,

2.34%,

1/01/2030

25,000

21,431

Baptist

Healthcare

System

Obligated

Group,

Series

20B,

3.54%,

8/15/2050

25,000

19,378

BAT

Capital

Corp.

3.22%,

8/15/2024

150,000

145,967

2.79%,

9/06/2024

70,000

67,742

3.22%,

9/06/2026

40,000

37,706

3.56%,

8/15/2027

50,000

46,636

4.39%,

8/15/2037

20,000

16,477

3.73%,

9/25/2040

50,000

36,196

5.28%,

4/02/2050

50,000

41,964

BAT

International

Finance

PLC,

1.67%,

3/25/2026

30,000

27,079

Baxalta

,

Inc.

4.00%,

6/23/2025

15,000

14,722

5.25%,

6/23/2045

35,000

35,010

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

Baxter

International,

Inc.

1.92%,

2/01/2027

50,000

45,129

2.54%,

2/01/2032

(a)

50,000

40,943

Becton,

Dickinson

&

Co.

3.36%,

6/06/2024

50,000

49,026

3.73%,

12/15/2024

10,000

9,825

3.70%,

6/06/2027

10,000

9,730

3.79%,

5/20/2050

9,000

7,398

Biogen,

Inc.

2.25%,

5/01/2030

75,000

63,588

5.20%,

9/15/2045

45,000

46,342

Bon

Secours

Mercy

Health,

Inc.,

3.46%,

6/01/2030

121,000

111,358

Boston

Scientific

Corp.

1.90%,

6/01/2025

10,000

9,406

2.65%,

6/01/2030

25,000

22,190

Bristol-Myers

Squibb

Co.

2.90%,

7/26/2024

125,000

122,074

1.13%,

11/13/2027

50,000

43,843

3.90%,

2/20/2028

10,000

9,858

1.45%,

11/13/2030

10,000

8,183

2.95%,

3/15/2032

15,000

13,596

2.35%,

11/13/2040

20,000

14,606

3.55%,

3/15/2042

10,000

8,659

4.55%,

2/20/2048

28,000

27,232

4.25%,

10/26/2049

200,000

184,253

2.55%,

11/13/2050

20,000

13,629

3.70%,

3/15/2052

100,000

84,468

3.90%,

3/15/2062

25,000

21,130

Brown

University,

in

Providence

in

the

State

of

Rhode

Island

&

Providence

Plantations,

Series

A,

2.92%,

9/01/2050

30,000

22,756

Bunge

Ltd.

Finance

Corp.,

1.63%,

8/17/2025

50,000

46,101

California

Institute

of

Technology,

4.70%,

11/01/2111

75,000

69,495

Campbell

Soup

Co.

2.38%,

4/24/2030

(a)

29,000

24,940

3.13%,

4/24/2050

15,000

11,015

Cardinal

Health,

Inc.

3.08%,

6/15/2024

75,000

73,119

4.60%,

3/15/2043

25,000

21,959

4.50%,

11/15/2044

40,000

34,534

Centene

Corp.

2.45%,

7/15/2028

135,000

117,069

2.63%,

8/01/2031

115,000

94,222

Children's

Hospital,

Series

2020,

2.93%,

7/15/2050

50,000

34,473

Children's

Hospital

Medical

Center,

4.27%,

5/15/2044

70,000

65,337

Children's

Hospital

of

Philadelphia

(The),

Series

2020,

2.70%,

7/01/2050

10,000

6,778

Cigna

Corp.

0.61%,

3/15/2024

50,000

47,674

4.13%,

11/15/2025

30,000

29,661

4.50%,

2/25/2026

5,000

4,984

3.40%,

3/01/2027

25,000

23,933

3.05%,

10/15/2027

50,000

46,905

2.38%,

3/15/2031

160,000

135,779

3.40%,

3/15/2051

25,000

19,001

40

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

City

of

Hope

(The),

Series

2013,

5.62%,

11/15/2043

285,000

293,142

Clorox

Co.

(The),

4.60%,

5/01/2032

250,000

250,343

Coca-Cola

Co.

(The)

1.45%,

6/01/2027

163,000

146,972

1.00%,

3/15/2028

20,000

17,244

2.13%,

9/06/2029

200,000

176,548

3.45%,

3/25/2030

65,000

61,998

2.25%,

1/05/2032

(a)

25,000

21,632

2.60%,

6/01/2050

100,000

72,325

3.00%,

3/05/2051

25,000

19,587

2.50%,

3/15/2051

35,000

24,725

Coca-Cola

Femsa

SAB

de

CV,

2.75%,

1/22/2030

50,000

44,767

Colgate-Palmolive

Co.,

3.70%,

8/01/2047

70,000

64,391

CommonSpirit

Health

2.76%,

10/01/2024

79,000

76,384

3.35%,

10/01/2029

60,000

53,856

Community

Health

Network,

Inc.,

Series

20-A,

3.10%,

5/01/2050

65,000

44,473

ConAgra

Brands,

Inc.,

4.30%,

5/01/2024

125,000

123,697

Constellation

Brands,

Inc.

4.65%,

11/15/2028

40,000

39,727

4.50%,

5/09/2047

25,000

22,410

5.25%,

11/15/2048

25,000

24,929

3.75%,

5/01/2050

65,000

52,462

CVS

Health

Corp.

3.38%,

8/12/2024

100,000

97,953

2.63%,

8/15/2024

22,000

21,318

3.88%,

7/20/2025

25,000

24,503

2.88%,

6/01/2026

141,000

133,412

3.00%,

8/15/2026

10,000

9,458

3.63%,

4/01/2027

110,000

106,335

1.30%,

8/21/2027

20,000

17,338

4.30%,

3/25/2028

10,000

9,834

3.25%,

8/15/2029

30,000

27,518

3.75%,

4/01/2030

15,000

14,054

1.88%,

2/28/2031

45,000

36,466

4.88%,

7/20/2035

100,000

99,480

6.13%,

9/15/2039

35,000

37,480

4.13%,

4/01/2040

20,000

17,465

5.05%,

3/25/2048

40,000

38,009

4.25%,

4/01/2050

200,000

170,044

Danaher

Corp.,

2.60%,

10/01/2050

50,000

34,504

DENTSPLY

SIRONA,

Inc.,

3.25%,

6/01/2030

50,000

44,280

Elevance

Health,

Inc.

3.50%,

8/15/2024

80,000

78,295

2.88%,

9/15/2029

90,000

81,256

2.25%,

5/15/2030

10,000

8,541

2.55%,

3/15/2031

20,000

17,289

6.38%,

6/15/2037

10,000

11,218

4.63%,

5/15/2042

35,000

33,688

4.65%,

8/15/2044

15,000

14,189

4.38%,

12/01/2047

10,000

9,087

4.55%,

3/01/2048

28,000

26,046

3.60%,

3/15/2051

10,000

8,064

ELI

Lilly

&

Co.

5.50%,

3/15/2027

25,000

26,371

3.38%,

3/15/2029

100,000

95,987

2.50%,

9/15/2060

100,000

66,786

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

Emory

University

Series

2020,

2.14%,

9/01/2030

15,000

12,493

Series

2020,

2.97%,

9/01/2050

95,000

71,046

Equifax,

Inc.,

2.60%,

12/15/2025

15,000

14,084

Fomento

Economico

Mexicano

SAB

de

CV,

3.50%,

1/16/2050

70,000

53,499

GE

Healthcare

Technologies,

Inc.

5.60%,

11/15/2025

(b)

100,000

101,655

5.86%,

3/15/2030

(b)

100,000

106,074

General

Mills,

Inc.

4.20%,

4/17/2028

25,000

24,714

2.88%,

4/15/2030

(a)

10,000

8,956

George

Washington

University

(The),

Series

2014,

4.30%,

9/15/2044

20,000

18,224

Georgetown

University

(The),

Series

B,

4.32%,

4/01/2049

20,000

17,855

Gilead

Sciences,

Inc.

3.70%,

4/01/2024

50,000

49,352

3.50%,

2/01/2025

25,000

24,464

3.65%,

3/01/2026

40,000

38,990

2.95%,

3/01/2027

25,000

23,726

1.65%,

10/01/2030

25,000

20,621

4.50%,

2/01/2045

25,000

23,507

4.75%,

3/01/2046

157,000

152,419

2.80%,

10/01/2050

25,000

17,468

GlaxoSmithKline

Capital,

Inc.

3.88%,

5/15/2028

50,000

49,040

6.38%,

5/15/2038

70,000

83,718

Global

Payments,

Inc.,

2.65%,

2/15/2025

30,000

28,624

GXO

Logistics,

Inc.

1.65%,

7/15/2026

50,000

43,548

2.65%,

7/15/2031

50,000

39,174

Hackensack

Meridian

Health,

Inc.,

Series

2020,

2.68%,

9/01/2041

45,000

33,060

HCA,

Inc.

5.00%,

3/15/2024

60,000

59,859

5.25%,

4/15/2025

110,000

110,120

5.88%,

2/15/2026

50,000

50,823

5.25%,

6/15/2026

244,000

244,432

4.50%,

2/15/2027

50,000

49,159

4.13%,

6/15/2029

150,000

142,516

5.25%,

6/15/2049

5,000

4,573

Hershey

Co.

(The),

2.05%,

11/15/2024

40,000

38,354

Hormel

Foods

Corp.,

1.80%,

6/11/2030

40,000

33,784

Humana,

Inc.,

3.85%,

10/01/2024

30,000

29,551

Illumina,

Inc.,

2.55%,

3/23/2031

100,000

82,960

Indiana

Universal

Health,

Inc.

Obligated

Group,

3.97%,

11/01/2048

50,000

43,811

Inova

Health

System

Foundation,

4.07%,

5/15/2052

25,000

22,255

JBS

USA

LUX

SA

/

JBS

USA

Food

Co.

/

JBS

USA

Finance,

Inc.

5.50%,

1/15/2030

(b)

100,000

97,069

5.75%,

4/01/2033

(b)

100,000

98,423

JM

Smucker

Co.

(The)

3.50%,

3/15/2025

40,000

38,886

2.38%,

3/15/2030

88,000

75,733

2.13%,

3/15/2032

(a)

50,000

40,926

41

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

Johns

Hopkins

University,

Series

A,

2.81%,

1/01/2060

25,000

16,624

Johnson

&

Johnson

2.63%,

1/15/2025

40,000

38,761

0.55%,

9/01/2025

10,000

9,145

2.45%,

3/01/2026

100,000

95,456

2.95%,

3/03/2027

131,000

126,263

1.30%,

9/01/2030

25,000

20,860

4.38%,

12/05/2033

50,000

51,339

3.55%,

3/01/2036

50,000

46,680

2.10%,

9/01/2040

100,000

73,285

Kaiser

Foundation

Hospitals

3.15%,

5/01/2027

50,000

47,878

4.15%,

5/01/2047

25,000

22,945

Series

2021,

3.00%,

6/01/2051

5,000

3,715

Kellogg

Co.

4.30%,

5/15/2028

75,000

74,802

2.10%,

6/01/2030

25,000

21,109

Keurig

Dr

Pepper,

Inc.

4.42%,

5/25/2025

50,000

49,638

3.40%,

11/15/2025

61,000

59,080

3.95%,

4/15/2029

35,000

33,687

3.20%,

5/01/2030

28,000

25,311

3.80%,

5/01/2050

10,000

8,111

4.50%,

4/15/2052

35,000

31,668

Kimberly-Clark

Corp.,

1.05%,

9/15/2027

45,000

39,283

Kraft

Heinz

Foods

Co.

3.00%,

6/01/2026

50,000

47,602

5.20%,

7/15/2045

150,000

146,561

4.38%,

6/01/2046

150,000

131,075

Kroger

Co.

(The),

4.00%,

2/01/2024

50,000

49,498

Laboratory

Corp.

of

America

Holdings

3.25%,

9/01/2024

25,000

24,383

2.30%,

12/01/2024

40,000

38,128

3.60%,

2/01/2025

10,000

9,743

2.95%,

12/01/2029

50,000

44,717

Leland

Stanford

Junior

University

(The)

3.65%,

5/01/2048

30,000

26,453

2.41%,

6/01/2050

50,000

34,780

Mass

General

Brigham,

Inc.,

Series

2020,

3.19%,

7/01/2049

25,000

18,989

Massachusetts

Institute

of

Technology,

3.96%,

7/01/2038

25,000

23,728

McCormick

&

Co.,

Inc.

3.15%,

8/15/2024

10,000

9,739

0.90%,

2/15/2026

20,000

17,856

1.85%,

2/15/2031

15,000

12,016

McKesson

Corp.,

0.90%,

12/03/2025

20,000

17,999

Mead

Johnson

Nutrition

Co.,

5.90%,

11/01/2039

20,000

21,706

MedStar

Health,

Inc.,

Series

20A,

3.63%,

8/15/2049

25,000

19,058

Memorial

Sloan-Kettering

Cancer

Center,

Series

2015,

4.20%,

7/01/2055

50,000

44,707

Merck

&

Co.,

Inc.

2.90%,

3/07/2024

20,000

19,602

0.75%,

2/24/2026

15,000

13,498

3.40%,

3/07/2029

50,000

48,052

2.15%,

12/10/2031

20,000

16,972

3.90%,

3/07/2039

10,000

9,230

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

4.15%,

5/18/2043

215,000

204,153

2.90%,

12/10/2061

25,000

17,415

Molson

Coors

Beverage

Co.

3.00%,

7/15/2026

50,000

47,223

5.00%,

5/01/2042

25,000

23,647

Mondelez

International,

Inc.,

2.63%,

9/04/2050

75,000

51,439

Montefiore

Obligated

Group,

4.29%,

9/01/2050

50,000

31,888

Moody's

Corp.

3.25%,

1/15/2028

135,000

127,584

4.88%,

12/17/2048

25,000

23,954

Mount

Sinai

Hospitals

Group,

Inc.

Series

2017,

3.98%,

7/01/2048

20,000

16,872

Series

2019,

3.74%,

7/01/2049

75,000

60,197

Mylan,

Inc.,

4.55%,

4/15/2028

60,000

57,854

New

York

&

Presbyterian

Hospital

(The),

Series

2019,

3.95%,

8/01/2119

60,000

44,933

Northwell

Healthcare,

Inc.

3.98%,

11/01/2046

25,000

20,317

4.26%,

11/01/2047

50,000

42,710

Northwestern

University,

4.64%,

12/01/2044

35,000

35,196

Novartis

Capital

Corp.

2.00%,

2/14/2027

50,000

46,319

3.10%,

5/17/2027

25,000

24,084

4.40%,

5/06/2044

70,000

69,537

NYU

Langone

Hospitals

Series

13-A,

5.75%,

7/01/2043

50,000

53,846

4.78%,

7/01/2044

75,000

72,234

Ochsner

LSU

Health

System

of

North

Louisiana,

Series

2021,

2.51%,

5/15/2031

50,000

37,640

Orlando

Health

Obligated

Group,

4.09%,

10/01/2048

100,000

84,979

PayPal

Holdings,

Inc.,

3.25%,

6/01/2050

25,000

18,640

PeaceHealth

Obligated

Group

Series

2018,

4.79%,

11/15/2048

50,000

46,582

Series

2020,

3.22%,

11/15/2050

10,000

7,103

PepsiCo,

Inc.

2.25%,

3/19/2025

158,000

151,550

3.50%,

7/17/2025

25,000

24,584

2.38%,

10/06/2026

16,000

15,110

3.60%,

2/18/2028

50,000

48,861

3.50%,

3/19/2040

20,000

17,435

3.60%,

8/13/2042

25,000

22,139

2.88%,

10/15/2049

20,000

15,373

2.75%,

10/21/2051

10,000

7,429

PerkinElmer,

Inc.

3.30%,

9/15/2029

50,000

44,986

2.55%,

3/15/2031

50,000

41,709

Pfizer,

Inc.

3.40%,

5/15/2024

28,000

27,597

3.60%,

9/15/2028

55,000

53,765

2.63%,

4/01/2030

50,000

45,269

4.00%,

12/15/2036

120,000

115,958

2.55%,

5/28/2040

125,000

96,333

4.13%,

12/15/2046

20,000

18,894

4.00%,

3/15/2049

25,000

23,154

Pharmacia

LLC,

6.60%,

12/01/2028

50,000

56,324

Philip

Morris

International,

Inc.

0.88%,

5/01/2026

50,000

44,608

42

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

2.10%,

5/01/2030

100,000

83,682

4.13%,

3/04/2043

50,000

42,057

4.25%,

11/10/2044

180,000

153,251

Piedmont

Healthcare,

Inc.,

Series

2032,

2.04%,

1/01/2032

50,000

40,222

Procter

&

Gamble

Co.

(The)

0.55%,

10/29/2025

50,000

45,437

2.80%,

3/25/2027

35,000

33,341

2.85%,

8/11/2027

50,000

47,767

3.00%,

3/25/2030

20,000

18,697

5.55%,

3/05/2037

100,000

113,497

3.50%,

10/25/2047

100,000

86,730

Quanta

Services,

Inc.,

3.05%,

10/01/2041

50,000

35,555

Quest

Diagnostics,

Inc.,

3.45%,

6/01/2026

50,000

48,155

Regeneron

Pharmaceuticals,

Inc.

1.75%,

9/15/2030

45,000

36,293

2.80%,

9/15/2050

50,000

33,367

Reynolds

American,

Inc.

6.15%,

9/15/2043

25,000

24,138

5.85%,

8/15/2045

50,000

45,778

S&P

Global,

Inc.

2.45%,

3/01/2027

(b)

50,000

46,475

1.25%,

8/15/2030

10,000

7,985

2.90%,

3/01/2032

(b)

100,000

88,565

3.90%,

3/01/2062

(b)

100,000

84,656

Seattle

Children's

Hospital,

Series

2021,

2.72%,

10/01/2050

25,000

16,891

Sharp

HealthCare,

Series

20B,

2.68%,

8/01/2050

45,000

29,397

Shire

Acquisitions

Investments

Ireland

DAC,

3.20%,

9/23/2026

55,000

52,553

Smith

&

Nephew

PLC,

2.03%,

10/14/2030

45,000

36,746

STERIS

Irish

FinCo

UnLtd

.

Co.,

2.70%,

3/15/2031

150,000

128,374

Stryker

Corp.,

3.38%,

11/01/2025

40,000

38,766

Sutter

Health

Series

20A,

3.16%,

8/15/2040

40,000

31,423

Series

2018,

4.09%,

8/15/2048

50,000

42,872

SYSCO

Corp.

5.95%,

4/01/2030

50,000

53,634

4.85%,

10/01/2045

15,000

14,049

3.30%,

2/15/2050

20,000

14,793

6.60%,

4/01/2050

20,000

23,198

Texas

Health

Resources,

4.33%,

11/15/2055

35,000

31,720

Thermo

Fisher

Scientific,

Inc.

4.95%,

11/21/2032

100,000

104,987

4.10%,

8/15/2047

25,000

23,466

Trinity

Health

Corp.,

Series

2021,

2.63%,

12/01/2040

45,000

33,322

Trustees

of

Princeton

University

(The),

Series

2020,

2.52%,

7/01/2050

75,000

53,674

Trustees

of

The

University

of

Pennsylvania

(The),

3.61%,

2/15/2119

10,000

7,261

Tyson

Foods,

Inc.

3.95%,

8/15/2024

50,000

49,377

4.00%,

3/01/2026

150,000

147,599

Unilever

Capital

Corp.,

2.00%,

7/28/2026

100,000

92,549

UnitedHealth

Group,

Inc.

3.75%,

7/15/2025

33,000

32,548

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Consumer,

Non-cyclical

–

4.1%

(continued)

3.70%,

12/15/2025

28,000

27,570

3.10%,

3/15/2026

40,000

38,693

2.88%,

8/15/2029

25,000

22,846

2.30%,

5/15/2031

35,000

30,104

4.20%,

5/15/2032

50,000

49,283

4.63%,

7/15/2035

96,000

96,955

5.80%,

3/15/2036

22,000

24,411

6.50%,

6/15/2037

150,000

175,302

5.95%,

2/15/2041

30,000

33,551

3.05%,

5/15/2041

10,000

7,993

4.63%,

11/15/2041

17,000

16,546

3.95%,

10/15/2042

50,000

45,601

4.20%,

1/15/2047

50,000

45,646

4.25%,

6/15/2048

18,000

16,590

4.45%,

12/15/2048

10,000

9,499

3.25%,

5/15/2051

10,000

7,826

3.88%,

8/15/2059

15,000

12,716

4.95%,

5/15/2062

35,000

35,283

Universal

Health

Services,

Inc.,

1.65%,

9/01/2026

50,000

44,026

University

of

Notre

Dame

du

Lac

Series

2015,

3.44%,

2/15/2045

50,000

42,522

Series

2017,

3.39%,

2/15/2048

50,000

41,776

University

of

Southern

California

Series

2017,

3.84%,

10/01/2047

25,000

21,939

5.25%,

10/01/2111

50,000

51,969

Utah

Acquisition

Sub,

Inc.,

3.95%,

6/15/2026

10,000

9,530

Verisk

Analytics,

Inc.,

5.50%,

6/15/2045

50,000

50,281

Viatris

,

Inc.,

4.00%,

6/22/2050

10,000

6,933

Washington

University

(The),

Series

2022,

3.52%,

4/15/2054

25,000

21,100

William

Marsh

Rice

University,

3.57%,

5/15/2045

15,000

13,140

Wyeth

LLC

6.50%,

2/01/2034

25,000

29,232

5.95%,

4/01/2037

50,000

56,716

Zimmer

Biomet

Holdings,

Inc.

3.05%,

1/15/2026

15,000

14,283

5.75%,

11/30/2039

35,000

35,839

Zoetis,

Inc.

3.90%,

8/20/2028

40,000

39,049

4.45%,

8/20/2048

25,000

22,837

18,104,259

Energy

–

1.8%

Baker

Hughes

Holdings

LLC,

5.13%,

9/15/2040

34,000

33,535

Baker

Hughes

Holdings

LLC

/

Baker

Hughes

Co.-

Obligor,

Inc.,

3.34%,

12/15/2027

100,000

94,806

Boardwalk

Pipelines

LP

5.95%,

6/01/2026

95,000

97,446

3.40%,

2/15/2031

15,000

13,361

BP

Capital

Markets

America,

Inc.

3.80%,

9/21/2025

10,000

9,902

3.12%,

5/04/2026

25,000

24,041

3.59%,

4/14/2027

80,000

77,732

3.63%,

4/06/2030

10,000

9,518

1.75%,

8/10/2030

10,000

8,311

2.77%,

11/10/2050

65,000

45,105

2.94%,

6/04/2051

10,000

7,151

BP

Capital

Markets

PLC,

3.28%,

9/19/2027

230,000

220,530

43

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Energy

–

1.8%

(continued)

Burlington

Resources

LLC,

7.20%,

8/15/2031

85,000

99,468

Canadian

Natural

Resources

Ltd.

2.95%,

7/15/2030

136,000

119,081

7.20%,

1/15/2032

15,000

16,759

Cenovus

Energy,

Inc.

5.25%,

6/15/2037

70,000

68,097

6.75%,

11/15/2039

5,000

5,494

Cheniere

Corpus

Christi

Holdings

LLC,

5.88%,

3/31/2025

60,000

60,613

Chevron

Corp.,

3.08%,

5/11/2050

100,000

77,916

Chevron

USA,

Inc.,

2.34%,

8/12/2050

15,000

10,151

ConocoPhillips

Co.,

4.03%,

3/15/2062

200,000

172,807

Coterra

Energy,

Inc.,

4.38%,

3/15/2029

50,000

48,002

DCP

Midstream

Operating

LP,

5.60%,

4/01/2044

100,000

99,837

Devon

Energy

Corp.

5.85%,

12/15/2025

70,000

71,768

4.50%,

1/15/2030

100,000

96,584

4.75%,

5/15/2042

25,000

22,430

Diamondback

Energy,

Inc.

3.25%,

12/01/2026

115,000

108,855

4.40%,

3/24/2051

100,000

82,771

Enbridge

Energy

Partners

LP,

5.88%,

10/15/2025

25,000

25,577

Enbridge,

Inc.

4.25%,

12/01/2026

25,000

24,495

5.50%,

12/01/2046

55,000

55,723

Energy

Transfer

LP

4.25%,

4/01/2024

50,000

49,458

2.90%,

5/15/2025

75,000

71,588

5.95%,

12/01/2025

50,000

51,165

3.90%,

7/15/2026

85,000

81,846

5.50%,

6/01/2027

108,000

109,600

4.90%,

3/15/2035

98,000

92,662

6.50%,

2/01/2042

25,000

26,399

5.95%,

10/01/2043

25,000

24,766

5.35%,

5/15/2045

50,000

45,621

5.00%,

5/15/2050

50,000

43,729

Enterprise

Products

Operating

LLC

3.90%,

2/15/2024

98,000

96,968

2.80%,

1/31/2030

50,000

44,422

4.85%,

8/15/2042

20,000

19,064

4.45%,

2/15/2043

40,000

36,603

4.85%,

3/15/2044

30,000

28,497

4.25%,

2/15/2048

85,000

73,667

4.20%,

1/31/2050

50,000

42,770

4.95%,

10/15/2054

25,000

23,066

3.95%,

1/31/2060

10,000

7,935

EOG

Resources,

Inc.,

4.15%,

1/15/2026

50,000

49,708

Equinor

ASA

3.25%,

11/10/2024

25,000

24,552

1.75%,

1/22/2026

110,000

102,131

3.00%,

4/06/2027

50,000

47,794

4.25%,

11/23/2041

70,000

65,527

3.70%,

4/06/2050

100,000

85,374

Exxon

Mobil

Corp.

2.28%,

8/16/2026

40,000

37,418

2.61%,

10/15/2030

25,000

22,544

4.23%,

3/19/2040

25,000

23,894

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Energy

–

1.8%

(continued)

3.10%,

8/16/2049

10,000

7,689

4.33%,

3/19/2050

110,000

103,574

3.45%,

4/15/2051

65,000

53,001

Halliburton

Co.

4.85%,

11/15/2035

30,000

29,357

4.50%,

11/15/2041

25,000

22,328

5.00%,

11/15/2045

10,000

9,511

Hess

Corp.

4.30%,

4/01/2027

100,000

97,983

7.88%,

10/01/2029

150,000

170,526

7.30%,

8/15/2031

25,000

28,034

7.13%,

3/15/2033

60,000

67,094

6.00%,

1/15/2040

25,000

26,119

Kinder

Morgan

Energy

Partners

LP

4.30%,

5/01/2024

40,000

39,729

7.75%,

3/15/2032

150,000

172,163

6.50%,

2/01/2037

30,000

31,868

6.50%,

9/01/2039

25,000

26,901

5.00%,

8/15/2042

35,000

32,025

Kinder

Morgan,

Inc.

1.75%,

11/15/2026

320,000

287,173

4.30%,

3/01/2028

55,000

53,978

4.80%,

2/01/2033

50,000

48,476

3.25%,

8/01/2050

35,000

24,262

3.60%,

2/15/2051

20,000

14,816

Magellan

Midstream

Partners

LP,

4.25%,

9/15/2046

50,000

41,009

Marathon

Oil

Corp.

6.80%,

3/15/2032

50,000

53,708

6.60%,

10/01/2037

25,000

26,509

5.20%,

6/01/2045

25,000

22,681

Marathon

Petroleum

Corp.

3.80%,

4/01/2028

88,000

83,346

6.50%,

3/01/2041

10,000

10,950

4.75%,

9/15/2044

50,000

44,846

4.50%,

4/01/2048

10,000

8,506

MPLX

LP

4.88%,

6/01/2025

75,000

74,858

1.75%,

3/01/2026

15,000

13,654

4.13%,

3/01/2027

50,000

48,511

4.95%,

9/01/2032

100,000

98,572

5.20%,

3/01/2047

35,000

32,320

5.20%,

12/01/2047

25,000

22,831

5.50%,

2/15/2049

25,000

23,858

4.90%,

4/15/2058

10,000

8,573

NOV,

Inc.,

3.60%,

12/01/2029

20,000

18,343

ONEOK

Partners

LP,

6.20%,

9/15/2043

15,000

15,011

ONEOK,

Inc.

4.35%,

3/15/2029

25,000

23,826

6.35%,

1/15/2031

100,000

106,449

Ovintiv

Exploration,

Inc.,

5.38%,

1/01/2026

100,000

100,657

Ovintiv

,

Inc.

7.20%,

11/01/2031

50,000

54,564

6.50%,

8/15/2034

(a)

100,000

106,321

Phillips

66

Co.

1.30%,

2/15/2026

100,000

90,940

3.55%,

10/01/2026

(b)

50,000

47,596

3.90%,

3/15/2028

20,000

19,446

44

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Energy

–

1.8%

(continued)

2.15%,

12/15/2030

5,000

4,172

4.65%,

11/15/2034

50,000

49,333

4.68%,

2/15/2045

(b)

25,000

23,344

Pioneer

Natural

Resources

Co.,

2.15%,

1/15/2031

50,000

41,433

Plains

All

American

Pipeline

LP

/

PAA

Finance

Corp.

3.80%,

9/15/2030

50,000

45,421

5.15%,

6/01/2042

40,000

34,912

4.30%,

1/31/2043

25,000

19,507

Sabine

Pass

Liquefaction

LLC

5.75%,

5/15/2024

100,000

100,598

5.63%,

3/01/2025

50,000

50,475

5.00%,

3/15/2027

15,000

15,027

Schlumberger

Investment

SA,

2.65%,

6/26/2030

45,000

40,075

Shell

International

Finance

BV

3.25%,

5/11/2025

100,000

97,684

6.38%,

12/15/2038

50,000

58,426

4.38%,

5/11/2045

160,000

151,090

3.75%,

9/12/2046

35,000

29,859

3.13%,

11/07/2049

35,000

26,747

Spectra

Energy

Partners

LP

4.75%,

3/15/2024

50,000

49,822

4.50%,

3/15/2045

45,000

39,839

Suncor

Energy,

Inc.

6.50%,

6/15/2038

50,000

54,624

3.75%,

3/04/2051

35,000

27,865

TC

PipeLines

LP,

3.90%,

5/25/2027

25,000

24,075

Texas

Eastern

Transmission

LP,

7.00%,

7/15/2032

25,000

28,818

Tosco

Corp.,

8.13%,

2/15/2030

50,000

60,009

TotalEnergies

Capital

International

SA

2.43%,

1/10/2025

10,000

9,633

3.46%,

2/19/2029

10,000

9,543

TransCanada

PipeLines

Ltd.

4.88%,

1/15/2026

25,000

25,110

4.63%,

3/01/2034

40,000

38,776

5.00%,

10/16/2043

35,000

33,617

Transcontinental

Gas

Pipe

Line

Co.

LLC

4.00%,

3/15/2028

53,000

51,176

3.25%,

5/15/2030

15,000

13,525

4.45%,

8/01/2042

35,000

31,805

Valero

Energy

Corp.,

4.35%,

6/01/2028

250,000

247,081

Williams

Cos.,

Inc.

(The)

4.65%,

8/15/2032

100,000

97,548

6.30%,

4/15/2040

30,000

32,513

5.75%,

6/24/2044

15,000

15,316

4.90%,

1/15/2045

50,000

45,980

5.10%,

9/15/2045

100,000

94,945

7,700,849

Financial

–

8.4%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

4.45%,

10/01/2025

150,000

146,473

3.40%,

10/29/2033

50,000

40,921

Affiliated

Managers

Group,

Inc.,

3.30%,

6/15/2030

25,000

21,646

Aflac,

Inc.,

4.75%,

1/15/2049

50,000

48,776

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

Air

Lease

Corp.

0.70%,

2/15/2024

20,000

19,088

2.30%,

2/01/2025

100,000

94,128

3.63%,

12/01/2027

50,000

46,767

2.10%,

9/01/2028

25,000

21,351

3.00%,

2/01/2030

45,000

38,726

Aircastle

Ltd.,

4.25%,

6/15/2026

46,000

44,345

Alexandria

Real

Estate

Equities,

Inc.

4.90%,

12/15/2030

20,000

20,120

1.88%,

2/01/2033

100,000

77,393

3.00%,

5/18/2051

20,000

13,755

Alleghany

Corp.,

3.63%,

5/15/2030

57,000

54,130

Allstate

Corp.

(The),

4.50%,

6/15/2043

50,000

46,886

Ally

Financial,

Inc.

3.88%,

5/21/2024

125,000

122,714

8.00%,

11/01/2031

85,000

93,257

American

Express

Co.

3.40%,

2/22/2024

50,000

49,232

2.25%,

3/04/2025

100,000

95,174

4.20%,

11/06/2025

25,000

24,811

3.13%,

5/20/2026

100,000

95,628

American

Financial

Group,

Inc.,

4.50%,

6/15/2047

25,000

21,551

American

International

Group,

Inc.

4.13%,

2/15/2024

39,000

38,795

2.50%,

6/30/2025

31,000

29,510

4.20%,

4/01/2028

25,000

24,373

3.40%,

6/30/2030

25,000

22,884

6.25%,

5/01/2036

50,000

54,687

4.80%,

7/10/2045

50,000

47,823

American

Tower

Corp.

5.00%,

2/15/2024

105,000

104,994

2.40%,

3/15/2025

100,000

94,781

1.30%,

9/15/2025

50,000

45,484

1.60%,

4/15/2026

15,000

13,552

3.95%,

3/15/2029

25,000

23,536

2.10%,

6/15/2030

25,000

20,513

1.88%,

10/15/2030

25,000

20,059

2.70%,

4/15/2031

25,000

21,091

2.30%,

9/15/2031

25,000

20,246

3.70%,

10/15/2049

10,000

7,533

3.10%,

6/15/2050

10,000

6,748

Ameriprise

Financial,

Inc.

3.70%,

10/15/2024

50,000

49,116

3.00%,

4/02/2025

10,000

9,652

Aon

Corp.,

2.80%,

5/15/2030

55,000

48,774

Arch

Capital

Group

Ltd.,

3.64%,

6/30/2050

45,000

34,126

Ares

Capital

Corp.,

3.88%,

1/15/2026

10,000

9,418

Arthur

J

Gallagher

&

Co.,

3.50%,

5/20/2051

10,000

7,593

Assurant,

Inc.

4.90%,

3/27/2028

30,000

29,568

3.70%,

2/22/2030

50,000

44,410

Assured

Guaranty

US

Holdings,

Inc.,

5.00%,

7/01/2024

(a)

25,000

25,049

Athene

Holding

Ltd.

3.95%,

5/25/2051

30,000

22,013

3.45%,

5/15/2052

50,000

33,691

45

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

AvalonBay

Communities,

Inc.

2.30%,

3/01/2030

10,000

8,646

2.45%,

1/15/2031

20,000

17,277

AXIS

Specialty

Finance

LLC,

3.90%,

7/15/2029

15,000

13,984

Bain

Capital

Specialty

Finance,

Inc.

2.95%,

3/10/2026

65,000

58,847

2.55%,

10/13/2026

50,000

43,797

Banco

Bilbao

Vizcaya

Argentaria

SA,

1.13%,

9/18/2025

232,000

210,445

Banco

Santander

SA

5.29%,

8/18/2027

200,000

200,189

2.75%,

12/03/2030

200,000

161,213

Bank

of

America

Corp.

4.00%,

4/01/2024

50,000

49,608

4.00%,

1/22/2025

20,000

19,649

3.46%,

3/15/2025

200,000

196,164

0.98%,

9/25/2025

25,000

23,331

2.46%,

10/22/2025

25,000

23,907

1.53%,

12/06/2025

75,000

70,054

3.37%,

1/23/2026

150,000

144,957

2.02%,

2/13/2026

105,000

98,538

4.45%,

3/03/2026

50,000

49,558

3.50%,

4/19/2026

45,000

43,800

1.32%,

6/19/2026

10,000

9,158

4.83%,

7/22/2026

175,000

174,578

6.22%,

9/15/2026

50,000

52,565

4.25%,

10/22/2026

100,000

98,140

1.20%,

10/24/2026

35,000

31,570

Series

N,

1.66%,

3/11/2027

50,000

45,148

3.56%,

4/23/2027

20,000

19,152

1.73%,

7/22/2027

25,000

22,399

3.25%,

10/21/2027

100,000

95,383

Series

L,

4.18%,

11/25/2027

30,000

29,475

3.71%,

4/24/2028

143,000

136,384

3.59%,

7/21/2028

50,000

47,267

4.95%,

7/22/2028

50,000

50,125

6.20%,

11/10/2028

200,000

210,928

4.27%,

7/23/2029

54,000

52,216

3.97%,

2/07/2030

50,000

47,308

3.19%,

7/23/2030

50,000

44,805

2.88%,

10/22/2030

200,000

175,290

2.59%,

4/29/2031

50,000

42,750

1.90%,

7/23/2031

5,000

4,043

1.92%,

10/24/2031

25,000

20,092

2.69%,

4/22/2032

15,000

12,683

2.57%,

10/20/2032

20,000

16,562

2.97%,

2/04/2033

35,000

29,850

5.02%,

7/22/2033

100,000

99,947

2.48%,

9/21/2036

75,000

58,451

6.11%,

1/29/2037

50,000

54,012

4.24%,

4/24/2038

50,000

46,110

2.68%,

6/19/2041

10,000

7,384

5.00%,

1/21/2044

150,000

150,422

4.44%,

1/20/2048

50,000

46,279

4.33%,

3/15/2050

130,000

118,278

4.08%,

3/20/2051

210,000

181,143

2.97%,

7/21/2052

10,000

7,044

Bank

of

Montreal

2.50%,

6/28/2024

100,000

96,803

0.95%,

1/22/2027

120,000

107,369

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

Bank

of

Nova

Scotia

(The)

3.40%,

2/11/2024

50,000

49,273

0.70%,

4/15/2024

20,000

19,034

5.25%,

12/06/2024

250,000

251,913

4.50%,

12/16/2025

20,000

19,800

1.05%,

3/02/2026

200,000

179,098

1.30%,

9/15/2026

75,000

66,526

Bank

OZK,

2.75%,

10/01/2031

100,000

86,040

Barclays

PLC

3.93%,

5/07/2025

200,000

196,017

2.67%,

3/10/2032

50,000

40,563

Berkshire

Hathaway

Finance

Corp.

4.20%,

8/15/2048

127,000

118,777

4.25%,

1/15/2049

25,000

23,575

Berkshire

Hathaway,

Inc.,

4.50%,

2/11/2043

25,000

24,907

BlackRock,

Inc.

3.20%,

3/15/2027

169,000

163,010

2.40%,

4/30/2030

50,000

43,989

Blackstone

Secured

Lending

Fund,

2.13%,

2/15/2027

50,000

42,490

Boston

Properties

LP

3.80%,

2/01/2024

110,000

108,463

3.65%,

2/01/2026

50,000

48,240

4.50%,

12/01/2028

75,000

72,185

BPCE

SA,

3.38%,

12/02/2026

250,000

238,708

Brandywine

Operating

Partnership

LP,

3.95%,

11/15/2027

25,000

21,551

Brighthouse

Financial,

Inc.,

5.63%,

5/15/2030

70,000

70,112

Brookfield

Corp.,

4.00%,

1/15/2025

50,000

49,385

Brookfield

Finance

LLC

/

Brookfield

Finance,

Inc.,

3.45%,

4/15/2050

60,000

41,946

Brookfield

Finance,

Inc.

4.00%,

4/01/2024

100,000

98,775

3.90%,

1/25/2028

50,000

47,749

Brown

&

Brown,

Inc.

4.50%,

3/15/2029

50,000

47,909

2.38%,

3/15/2031

50,000

40,266

Cadence

Bank,

4.13%,

11/20/2029

(a)

100,000

95,440

Camden

Property

Trust,

3.35%,

11/01/2049

75,000

56,363

Canadian

Imperial

Bank

of

Commerce,

3.10%,

4/02/2024

50,000

49,021

Capital

One

Financial

Corp.

3.75%,

4/24/2024

50,000

49,311

3.20%,

2/05/2025

20,000

19,399

4.20%,

10/29/2025

100,000

97,823

3.65%,

5/11/2027

40,000

38,271

CBOE

Global

Markets,

Inc.,

1.63%,

12/15/2030

75,000

61,066

CBRE

Services,

Inc.,

4.88%,

3/01/2026

25,000

24,937

Charles

Schwab

Corp.

(The)

3.00%,

3/10/2025

50,000

48,482

4.20%,

3/24/2025

25,000

24,894

2.75%,

10/01/2029

50,000

44,783

Chubb

INA

Holdings,

Inc.,

3.35%,

5/03/2026

15,000

14,550

CI

Financial

Corp.

3.20%,

12/17/2030

40,000

31,318

4.10%,

6/15/2051

50,000

31,519

Cincinnati

Financial

Corp.,

6.92%,

5/15/2028

100,000

109,769

46

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

Citigroup,

Inc.

3.35%,

4/24/2025

22,000

21,520

5.50%,

9/13/2025

75,000

76,110

3.29%,

3/17/2026

100,000

96,270

3.11%,

4/08/2026

15,000

14,378

4.45%,

9/29/2027

135,000

132,481

6.63%,

1/15/2028

125,000

137,422

4.13%,

7/25/2028

87,000

83,438

3.98%,

3/20/2030

20,000

18,824

2.98%,

11/05/2030

23,000

20,220

4.41%,

3/31/2031

40,000

38,434

2.57%,

6/03/2031

250,000

211,940

6.63%,

6/15/2032

45,000

49,334

3.06%,

1/25/2033

25,000

21,425

5.88%,

2/22/2033

40,000

41,853

3.79%,

3/17/2033

100,000

90,454

4.91%,

5/24/2033

180,000

177,545

4.65%,

7/30/2045

190,000

178,445

4.75%,

5/18/2046

15,000

13,869

4.65%,

7/23/2048

30,000

28,681

Citizens

Financial

Group,

Inc.

2.85%,

7/27/2026

105,000

98,490

5.64%,

5/21/2037

75,000

72,349

CME

Group,

Inc.,

3.00%,

3/15/2025

117,000

113,940

CNA

Financial

Corp.,

2.05%,

8/15/2030

50,000

40,835

Comerica

Bank,

4.00%,

7/27/2025

75,000

73,225

Cooperatieve

Rabobank

UA

5.00%,

1/13/2025

250,000

251,673

3.75%,

7/21/2026

250,000

239,023

Corebridge

Financial,

Inc.

3.90%,

4/05/2032

(b)

20,000

18,212

4.40%,

4/05/2052

(b)

25,000

21,418

Corporate

Office

Properties

LP,

2.00%,

1/15/2029

50,000

39,686

Credit

Suisse

AG,

3.70%,

2/21/2025

50,000

47,085

Credit

Suisse

Group

AG

4.55%,

4/17/2026

600,000

553,639

4.88%,

5/15/2045

50,000

41,072

Crown

Castle,

Inc.

3.20%,

9/01/2024

(a)

145,000

141,227

4.45%,

2/15/2026

25,000

24,713

1.05%,

7/15/2026

18,000

15,880

2.90%,

4/01/2041

60,000

43,998

5.20%,

2/15/2049

15,000

14,492

4.00%,

11/15/2049

150,000

121,875

4.15%,

7/01/2050

15,000

12,482

Deutsche

Bank

AG

3.70%,

5/30/2024

50,000

49,648

4.10%,

1/13/2026

125,000

120,804

4.10%,

1/13/2026

15,000

14,695

3.73%,

1/14/2032

200,000

161,513

3.74%,

1/07/2033

200,000

158,135

Digital

Realty

Trust

LP

4.45%,

7/15/2028

(a)

25,000

24,252

3.60%,

7/01/2029

(a)

34,000

31,226

Discover

Financial

Services,

4.10%,

2/09/2027

40,000

38,553

Eaton

Vance

Corp.,

3.50%,

4/06/2027

50,000

47,839

EPR

Properties,

4.50%,

6/01/2027

50,000

45,642

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

Equinix

,

Inc.

2.63%,

11/18/2024

22,000

21,134

2.90%,

11/18/2026

20,000

18,631

3.90%,

4/15/2032

50,000

45,990

3.00%,

7/15/2050

50,000

34,466

2.95%,

9/15/2051

50,000

33,939

ERP

Operating

LP

3.38%,

6/01/2025

25,000

24,246

3.00%,

7/01/2029

20,000

18,104

4.00%,

8/01/2047

50,000

41,972

Essex

Portfolio

LP,

2.65%,

9/01/2050

50,000

31,208

Fairfax

Financial

Holdings

Ltd.,

4.63%,

4/29/2030

25,000

23,560

Fidelity

National

Financial,

Inc.,

3.40%,

6/15/2030

135,000

119,290

Fifth

Third

Bancorp,

2.38%,

1/28/2025

50,000

47,732

First

American

Financial

Corp.,

4.00%,

5/15/2030

25,000

22,832

First

Republic

Bank,

4.63%,

2/13/2047

300,000

248,299

First-Citizens

Bank

&

Trust

Co.,

2.97%,

9/27/2025

25,000

23,944

Franklin

Resources,

Inc.,

1.60%,

10/30/2030

125,000

100,191

FS

KKR

Capital

Corp.,

4.63%,

7/15/2024

55,000

54,052

Globe

Life,

Inc.,

2.15%,

8/15/2030

29,000

23,783

GLP

Capital

LP

/

GLP

Financing

II,

Inc.

5.25%,

6/01/2025

20,000

19,849

5.38%,

4/15/2026

40,000

39,958

5.30%,

1/15/2029

50,000

48,755

4.00%,

1/15/2030

140,000

126,957

3.25%,

1/15/2032

75,000

62,432

Goldman

Sachs

BDC,

Inc.,

3.75%,

2/10/2025

100,000

97,161

Goldman

Sachs

Group,

Inc.

(The)

4.00%,

3/03/2024

25,000

24,761

3.00%,

3/15/2024

100,000

98,046

3.50%,

4/01/2025

115,000

111,675

4.25%,

10/21/2025

203,000

199,881

3.50%,

11/16/2026

300,000

288,101

1.09%,

12/09/2026

10,000

8,941

5.95%,

1/15/2027

100,000

104,025

3.85%,

1/26/2027

325,000

314,381

1.43%,

3/09/2027

60,000

53,707

4.39%,

6/15/2027

78,000

76,518

1.54%,

9/10/2027

10,000

8,827

1.95%,

10/21/2027

50,000

44,744

2.64%,

2/24/2028

30,000

27,499

3.69%,

6/05/2028

37,000

35,291

4.22%,

5/01/2029

20,000

19,295

2.60%,

2/07/2030

50,000

43,488

2.62%,

4/22/2032

25,000

20,916

Series

D,

2.38%,

7/21/2032

20,000

16,382

2.65%,

10/21/2032

20,000

16,608

3.10%,

2/24/2033

85,000

72,819

6.75%,

10/01/2037

30,000

33,672

4.41%,

4/23/2039

25,000

23,104

6.25%,

2/01/2041

200,000

226,958

3.21%,

4/22/2042

30,000

23,561

2.91%,

7/21/2042

5,000

3,739

3.44%,

2/24/2043

20,000

16,102

4.75%,

10/21/2045

50,000

48,438

47

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

Golub

Capital

BDC,

Inc.

3.38%,

4/15/2024

120,000

116,383

2.05%,

2/15/2027

50,000

42,481

Hanover

Insurance

Group,

Inc.

(The),

2.50%,

9/01/2030

25,000

19,846

Healthcare

Realty

Holdings

LP,

3.50%,

8/01/2026

5,000

4,729

Healthpeak

Properties,

Inc.,

5.25%,

12/15/2032

100,000

102,183

Highwoods

Realty

LP,

3.05%,

2/15/2030

50,000

40,636

HSBC

Holdings

PLC

0.98%,

5/24/2025

200,000

188,078

4.30%,

3/08/2026

50,000

49,000

3.00%,

3/10/2026

200,000

190,639

2.10%,

6/04/2026

50,000

46,430

2.85%,

6/04/2031

350,000

295,939

5.40%,

8/11/2033

200,000

199,497

ING

Groep

NV,

4.25%,

3/28/2033

100,000

93,204

Intercontinental

Exchange,

Inc.

3.75%,

12/01/2025

50,000

49,164

3.10%,

9/15/2027

15,000

14,241

4.60%,

3/15/2033

25,000

24,794

2.65%,

9/15/2040

30,000

22,338

4.25%,

9/21/2048

10,000

8,985

3.00%,

6/15/2050

85,000

61,346

3.00%,

9/15/2060

75,000

50,962

5.20%,

6/15/2062

30,000

29,905

Jefferies

Financial

Group,

Inc.,

6.25%,

1/15/2036

50,000

53,159

JPMorgan

Chase

&

Co.

3.88%,

2/01/2024

50,000

49,548

3.63%,

5/13/2024

20,000

19,800

3.88%,

9/10/2024

50,000

49,245

0.56%,

2/16/2025

20,000

19,018

5.55%,

12/15/2025

150,000

151,212

2.08%,

4/22/2026

318,000

298,650

3.20%,

6/15/2026

45,000

43,168

7.63%,

10/15/2026

50,000

55,226

4.13%,

12/15/2026

50,000

49,516

1.04%,

2/04/2027

25,000

22,283

1.58%,

4/22/2027

50,000

44,940

8.00%,

4/29/2027

400,000

455,866

4.25%,

10/01/2027

25,000

24,692

3.78%,

2/01/2028

250,000

240,389

4.85%,

7/25/2028

50,000

49,991

4.45%,

12/05/2029

91,000

88,785

2.74%,

10/15/2030

35,000

30,583

4.49%,

3/24/2031

30,000

29,236

2.52%,

4/22/2031

100,000

85,532

1.76%,

11/19/2031

100,000

79,636

2.96%,

1/25/2033

30,000

25,716

4.91%,

7/25/2033

50,000

49,809

5.72%,

9/14/2033

150,000

154,134

6.40%,

5/15/2038

25,000

28,751

5.50%,

10/15/2040

85,000

90,547

3.11%,

4/22/2041

35,000

27,712

2.53%,

11/19/2041

50,000

35,914

5.40%,

1/06/2042

75,000

79,066

5.63%,

8/16/2043

25,000

26,367

4.95%,

6/01/2045

25,000

24,429

4.26%,

2/22/2048

50,000

45,240

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

4.03%,

7/24/2048

80,000

69,884

3.96%,

11/15/2048

75,000

64,839

3.11%,

4/22/2051

50,000

36,765

3.33%,

4/22/2052

90,000

68,597

Kemper

Corp.,

2.40%,

9/30/2030

25,000

20,051

KeyCorp

2.25%,

4/06/2027

40,000

36,559

4.10%,

4/30/2028

50,000

48,698

Kilroy

Realty

LP,

2.50%,

11/15/2032

100,000

73,790

Kimco

Realty

Op

LLC

3.30%,

2/01/2025

10,000

9,704

3.70%,

10/01/2049

25,000

18,641

Kite

Realty

Group

LP,

4.00%,

10/01/2026

15,000

14,088

Kite

Realty

Group

Trust,

4.75%,

9/15/2030

10,000

9,223

Kreditanstalt

Fuer

Wiederaufbau

2.63%,

2/28/2024

490,000

479,113

0.25%,

3/08/2024

150,000

142,864

0.50%,

9/20/2024

50,000

46,905

0.38%,

7/18/2025

70,000

64,026

0.63%,

1/22/2026

395,000

358,323

3.75%,

2/15/2028

100,000

100,173

0.75%,

9/30/2030

50,000

40,493

Landwirtschaftliche

Rentenbank

2.00%,

1/13/2025

50,000

47,856

2.38%,

6/10/2025

40,000

38,336

0.88%,

9/03/2030

50,000

40,631

Lazard

Group

LLC,

4.50%,

9/19/2028

20,000

19,390

Legg

Mason,

Inc.,

4.75%,

3/15/2026

25,000

25,161

LifeStorage

LP,

3.50%,

7/01/2026

72,000

68,497

Lincoln

National

Corp.

3.05%,

1/15/2030

25,000

21,734

3.40%,

3/01/2032

50,000

43,171

4.35%,

3/01/2048

45,000

36,789

Lloyds

Banking

Group

PLC

4.65%,

3/24/2026

200,000

197,054

4.72%,

8/11/2026

200,000

197,242

Loews

Corp.,

3.20%,

5/15/2030

50,000

45,749

M&T

Bank

Corp.,

4.55%,

8/16/2028

100,000

100,118

Main

Street

Capital

Corp.

5.20%,

5/01/2024

50,000

49,752

3.00%,

7/14/2026

25,000

22,027

Manulife

Financial

Corp.

4.15%,

3/04/2026

25,000

24,722

4.06%,

2/24/2032

26,000

24,130

5.38%,

3/04/2046

100,000

104,758

Markel

Corp.,

5.00%,

4/05/2046

50,000

46,143

Marsh

&

McLennan

Cos.,

Inc.

2.25%,

11/15/2030

50,000

42,291

2.38%,

12/15/2031

50,000

41,928

4.75%,

3/15/2039

25,000

24,573

2.90%,

12/15/2051

50,000

35,784

Mastercard

,

Inc.

3.30%,

3/26/2027

15,000

14,578

3.85%,

3/26/2050

10,000

9,073

MetLife,

Inc.

3.60%,

4/10/2024

42,000

41,533

6.50%,

12/15/2032

50,000

57,583

4.05%,

3/01/2045

15,000

13,392

48

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

MID-America

Apartments

LP

4.00%,

11/15/2025

25,000

24,534

1.10%,

9/15/2026

50,000

44,231

Mitsubishi

UFJ

Financial

Group,

Inc.

3.41%,

3/07/2024

150,000

147,618

3.96%,

3/02/2028

100,000

96,713

5.35%,

9/13/2028

200,000

203,165

3.20%,

7/18/2029

75,000

67,781

5.47%,

9/13/2033

(a)

200,000

205,180

Mizuho

Financial

Group,

Inc.

4.25%,

9/11/2029

75,000

71,712

2.59%,

5/25/2031

50,000

41,888

Morgan

Stanley

Series

F,

3.88%,

4/29/2024

100,000

98,900

4.00%,

7/23/2025

25,000

24,609

5.00%,

11/24/2025

50,000

50,230

2.19%,

4/28/2026

100,000

93,948

4.68%,

7/17/2026

175,000

173,579

3.13%,

7/27/2026

50,000

47,405

0.99%,

12/10/2026

295,000

262,579

3.63%,

1/20/2027

150,000

145,341

3.95%,

4/23/2027

50,000

48,321

1.51%,

7/20/2027

40,000

35,660

3.59%,

7/22/2028

95,000

89,957

Series

G,

3.77%,

1/24/2029

50,000

47,533

4.43%,

1/23/2030

125,000

121,696

3.62%,

4/01/2031

45,000

41,362

7.25%,

4/01/2032

200,000

234,738

1.93%,

4/28/2032

125,000

99,390

2.24%,

7/21/2032

15,000

12,175

2.51%,

10/20/2032

15,000

12,394

2.94%,

1/21/2033

25,000

21,313

4.89%,

7/20/2033

50,000

49,547

6.34%,

10/18/2033

50,000

54,969

5.30%,

4/20/2037

50,000

48,459

4.46%,

4/22/2039

160,000

151,307

6.38%,

7/24/2042

100,000

116,742

4.38%,

1/22/2047

25,000

23,422

Morgan

Stanley

Domestic

Holdings,

Inc.,

3.80%,

8/24/2027

29,000

28,146

NASDAQ,

Inc.

3.85%,

6/30/2026

33,000

32,211

2.50%,

12/21/2040

20,000

13,935

3.25%,

4/28/2050

100,000

72,355

National

Health

Investors,

Inc.,

3.00%,

2/01/2031

75,000

57,263

NatWest

Group

PLC

7.47%,

11/10/2026

200,000

211,573

5.08%,

1/27/2030

50,000

49,282

Northern

Trust

Corp.

3.15%,

5/03/2029

25,000

23,364

3.38%,

5/08/2032

50,000

46,408

OMEGA

Healthcare

Investors,

Inc.

4.50%,

4/01/2027

15,000

14,427

4.75%,

1/15/2028

25,000

23,992

3.63%,

10/01/2029

75,000

64,941

3.25%,

4/15/2033

50,000

37,639

Owl

Rock

Capital

Corp.

3.75%,

7/22/2025

10,000

9,428

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

2.88%,

6/11/2028

50,000

41,446

Owl

Rock

Capital

Corp.

III,

3.13%,

4/13/2027

50,000

42,631

Owl

Rock

Technology

Finance

Corp.,

2.50%,

1/15/2027

50,000

41,282

PartnerRe

Finance

B

LLC,

3.70%,

7/02/2029

50,000

46,660

Physicians

Realty

LP,

3.95%,

1/15/2028

25,000

23,548

PNC

Bank

NA,

2.70%,

10/22/2029

75,000

65,773

PNC

Financial

Services

Group,

Inc.

(The)

2.20%,

11/01/2024

35,000

33,686

2.60%,

7/23/2026

180,000

169,219

4.76%,

1/26/2027

200,000

200,333

Principal

Financial

Group,

Inc.

3.10%,

11/15/2026

44,000

41,531

4.35%,

5/15/2043

90,000

76,607

4.30%,

11/15/2046

50,000

43,643

Progressive

Corp.

(The),

4.00%,

3/01/2029

10,000

9,849

ProLogis

LP

3.25%,

10/01/2026

49,000

47,300

2.88%,

11/15/2029

44,000

39,545

1.75%,

2/01/2031

10,000

8,181

Prospect

Capital

Corp.

3.36%,

11/15/2026

40,000

35,015

3.44%,

10/15/2028

25,000

20,150

Prudential

Financial,

Inc.

3.88%,

3/27/2028

51,000

50,024

5.38%,

5/15/2045

50,000

49,026

3.94%,

12/07/2049

10,000

8,520

4.35%,

2/25/2050

565,000

514,053

3.70%,

3/13/2051

55,000

45,393

Radian

Group,

Inc.,

4.88%,

3/15/2027

50,000

47,547

Raymond

James

Financial,

Inc.

4.65%,

4/01/2030

20,000

19,909

4.95%,

7/15/2046

63,000

60,731

Realty

Income

Corp.

3.00%,

1/15/2027

50,000

47,122

4.65%,

3/15/2047

50,000

47,555

Regency

Centers

LP

2.95%,

9/15/2029

25,000

21,704

3.70%,

6/15/2030

10,000

9,069

4.40%,

2/01/2047

25,000

20,916

RenaissanceRe

Finance,

Inc.,

3.45%,

7/01/2027

75,000

71,230

RenaissanceRe

Holdings

Ltd.,

3.60%,

4/15/2029

100,000

92,533

Rexford

Industrial

Realty

LP,

2.15%,

9/01/2031

50,000

39,991

Royal

Bank

of

Canada

2.25%,

11/01/2024

100,000

95,977

1.15%,

6/10/2025

50,000

46,133

1.20%,

4/27/2026

50,000

45,081

Series

G,

5.00%,

2/01/2033

50,000

50,792

Sabra

Health

Care

LP

5.13%,

8/15/2026

100,000

96,584

3.20%,

12/01/2031

150,000

115,724

Safehold

Operating

Partnership

LP,

2.80%,

6/15/2031

60,000

47,822

Santander

Holdings

USA,

Inc.

3.50%,

6/07/2024

75,000

73,236

3.24%,

10/05/2026

75,000

70,537

Santander

UK

Group

Holdings

PLC

1.09%,

3/15/2025

20,000

18,955

49

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

1.67%,

6/14/2027

50,000

43,966

2.90%,

3/15/2032

125,000

101,958

Santander

UK

PLC

4.00%,

3/13/2024

80,000

79,177

2.88%,

6/18/2024

150,000

145,611

Signature

Bank,

4.00%,

10/15/2030

150,000

137,179

Simon

Property

Group

LP

3.25%,

11/30/2026

34,000

32,336

2.45%,

9/13/2029

100,000

86,809

2.20%,

2/01/2031

76,000

62,739

4.75%,

3/15/2042

20,000

18,412

Sixth

Street

Specialty

Lending,

Inc.,

2.50%,

8/01/2026

(a)

50,000

44,740

Spirit

Realty

LP

4.45%,

9/15/2026

50,000

48,554

4.00%,

7/15/2029

15,000

13,521

3.20%,

2/15/2031

10,000

8,449

2.70%,

2/15/2032

25,000

19,389

State

Street

Corp.

2.90%,

3/30/2026

50,000

48,158

2.20%,

3/03/2031

75,000

62,500

3.15%,

3/30/2031

40,000

36,091

4.16%,

8/04/2033

150,000

143,322

3.03%,

11/01/2034

125,000

109,687

Stewart

Information

Services

Corp.,

3.60%,

11/15/2031

175,000

138,769

STORE

Capital

Corp.

4.50%,

3/15/2028

30,000

27,746

4.63%,

3/15/2029

35,000

32,012

Sumitomo

Mitsui

Financial

Group,

Inc.

2.63%,

7/14/2026

45,000

41,793

3.45%,

1/11/2027

40,000

38,112

5.52%,

1/13/2028

200,000

206,577

2.14%,

9/23/2030

45,000

36,296

1.71%,

1/12/2031

165,000

129,775

Sun

Communities

Operating

LP,

5.70%,

1/15/2033

75,000

76,472

SVB

Financial

Group

3.13%,

6/05/2030

157,000

135,333

1.80%,

2/02/2031

100,000

76,381

Synchrony

Financial

3.70%,

8/04/2026

90,000

83,982

5.15%,

3/19/2029

125,000

119,342

Tanger

Properties

LP,

2.75%,

9/01/2031

50,000

38,448

Toronto-Dominion

Bank

(The)

3.25%,

3/11/2024

40,000

39,323

2.65%,

6/12/2024

197,000

191,723

1.25%,

12/13/2024

(a)

75,000

70,417

4.69%,

9/15/2027

100,000

100,562

3.20%,

3/10/2032

100,000

89,690

4.46%,

6/08/2032

25,000

24,543

Travelers

Cos.,

Inc.

(The),

5.35%,

11/01/2040

25,000

26,691

Travelers

Property

Casualty

Corp.,

6.38%,

3/15/2033

15,000

17,080

Truist

Bank,

3.30%,

5/15/2026

200,000

190,698

Truist

Financial

Corp.

2.50%,

8/01/2024

30,000

29,024

1.20%,

8/05/2025

50,000

46,083

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

4.26%,

7/28/2026

50,000

49,422

3.88%,

3/19/2029

70,000

66,262

UDR,

Inc.

2.95%,

9/01/2026

40,000

37,510

Series

G,

3.50%,

1/15/2028

50,000

46,722

3.00%,

8/15/2031

50,000

43,574

2.10%,

8/01/2032

25,000

19,596

Unum

Group

5.75%,

8/15/2042

50,000

49,300

4.50%,

12/15/2049

10,000

7,752

US

Bancorp

2.40%,

7/30/2024

90,000

87,157

3.60%,

9/11/2024

10,000

9,865

1.45%,

5/12/2025

35,000

32,761

Series

V,

2.38%,

7/22/2026

45,000

42,200

Series

D,

3.00%,

7/30/2029

25,000

22,763

1.38%,

7/22/2030

50,000

40,588

4.97%,

7/22/2033

100,000

99,144

Ventas

Realty

LP

3.85%,

4/01/2027

40,000

38,559

3.00%,

1/15/2030

15,000

13,121

4.38%,

2/01/2045

15,000

12,438

4.88%,

4/15/2049

10,000

8,892

Visa,

Inc.

3.15%,

12/14/2025

25,000

24,280

1.90%,

4/15/2027

125,000

114,673

4.15%,

12/14/2035

50,000

49,446

2.70%,

4/15/2040

25,000

19,970

4.30%,

12/14/2045

100,000

97,248

Voya

Financial,

Inc.

5.70%,

7/15/2043

50,000

50,541

4.80%,

6/15/2046

50,000

43,791

W.P.

Carey,

Inc.,

4.25%,

10/01/2026

35,000

34,402

Wachovia

Corp.,

5.50%,

8/01/2035

35,000

35,993

Wells

Fargo

&

Co.

3.55%,

9/29/2025

25,000

24,305

2.41%,

10/30/2025

50,000

47,750

2.19%,

4/30/2026

15,000

14,112

4.10%,

6/03/2026

100,000

98,409

4.54%,

8/15/2026

100,000

99,034

3.00%,

10/23/2026

10,000

9,434

3.20%,

6/17/2027

45,000

42,600

3.58%,

5/22/2028

150,000

142,567

4.81%,

7/25/2028

50,000

49,903

4.15%,

1/24/2029

20,000

19,415

Series

B,

7.95%,

11/15/2029

15,000

17,071

2.88%,

10/30/2030

90,000

79,620

2.57%,

2/11/2031

125,000

107,941

4.90%,

7/25/2033

125,000

124,500

3.07%,

4/30/2041

30,000

23,441

5.38%,

11/02/2043

160,000

161,508

5.61%,

1/15/2044

150,000

155,452

4.65%,

11/04/2044

50,000

46,105

Series

G,

4.90%,

11/17/2045

30,000

28,464

4.75%,

12/07/2046

20,000

18,414

5.01%,

4/04/2051

61,000

60,069

Welltower

Op

LLC

3.63%,

3/15/2024

10,000

9,840

4.13%,

3/15/2029

25,000

23,618

50

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Financial

–

8.4%

(continued)

2.75%,

1/15/2031

115,000

96,636

Western

Alliance

Bancorp,

3.00%,

6/15/2031

100,000

87,274

Western

Union

Co.

(The)

2.85%,

1/10/2025

65,000

62,467

1.35%,

3/15/2026

50,000

44,566

2.75%,

3/15/2031

25,000

19,877

Westpac

Banking

Corp.

3.30%,

2/26/2024

40,000

39,413

2.89%,

2/04/2030

25,000

23,325

5.41%,

8/10/2033

25,000

24,734

4.11%,

7/24/2034

50,000

45,164

2.67%,

11/15/2035

45,000

35,296

3.02%,

11/18/2036

50,000

39,148

2.96%,

11/16/2040

41,000

29,561

Weyerhaeuser

Co.,

4.00%,

4/15/2030

15,000

14,151

Willis

North

America,

Inc.,

5.05%,

9/15/2048

60,000

54,132

Wintrust

Financial

Corp.,

4.85%,

6/06/2029

25,000

23,457

WP

Carey,

Inc.,

3.85%,

7/15/2029

25,000

23,378

XLIT

Ltd.,

5.25%,

12/15/2043

25,000

26,078

36,790,708

Industrial

–

1.9%

3M

Co.

2.88%,

10/15/2027

122,000

114,213

3.05%,

4/15/2030

(a)

15,000

13,512

3.63%,

10/15/2047

50,000

39,547

3.25%,

8/26/2049

(a)

10,000

7,324

Agilent

Technologies,

Inc.,

2.75%,

9/15/2029

50,000

44,445

Allegion

US

Holding

Co.,

Inc.,

3.55%,

10/01/2027

90,000

84,254

Amcor

Finance

USA,

Inc.,

3.63%,

4/28/2026

25,000

24,010

Amphenol

Corp.,

2.80%,

2/15/2030

20,000

17,735

Avnet,

Inc.,

5.50%,

6/01/2032

50,000

49,226

Berry

Global,

Inc.,

1.65%,

1/15/2027

25,000

21,873

Boeing

Co.

(The)

1.95%,

2/01/2024

65,000

63,022

4.88%,

5/01/2025

10,000

10,002

2.20%,

2/04/2026

25,000

23,084

3.25%,

2/01/2028

134,000

126,418

2.95%,

2/01/2030

10,000

8,848

5.15%,

5/01/2030

10,000

10,083

6.13%,

2/15/2033

105,000

112,961

3.60%,

5/01/2034

90,000

77,311

3.25%,

2/01/2035

45,000

36,464

6.63%,

2/15/2038

25,000

27,568

3.63%,

3/01/2048

25,000

18,211

3.85%,

11/01/2048

50,000

37,737

5.81%,

5/01/2050

85,000

86,811

3.83%,

3/01/2059

45,000

32,372

5.93%,

5/01/2060

25,000

25,499

Burlington

Northern

Santa

Fe

LLC

7.00%,

12/15/2025

20,000

21,413

6.15%,

5/01/2037

25,000

28,596

5.75%,

5/01/2040

20,000

22,007

4.90%,

4/01/2044

15,000

15,071

4.55%,

9/01/2044

27,000

26,077

4.70%,

9/01/2045

40,000

39,159

Canadian

National

Railway

Co.

6.25%,

8/01/2034

25,000

28,527

3.20%,

8/02/2046

50,000

39,576

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Industrial

–

1.9%

(continued)

4.45%,

1/20/2049

100,000

95,887

Canadian

Pacific

Railway

Co.,

6.13%,

9/15/2115

50,000

54,835

Carrier

Global

Corp.

2.72%,

2/15/2030

25,000

21,850

3.38%,

4/05/2040

20,000

16,099

3.58%,

4/05/2050

62,000

48,277

Caterpillar

Financial

Services

Corp.

3.30%,

6/09/2024

10,000

9,825

4.90%,

1/17/2025

50,000

50,517

1.45%,

5/15/2025

20,000

18,696

Caterpillar,

Inc.,

5.20%,

5/27/2041

20,000

21,467

CSX

Corp.

3.40%,

8/01/2024

15,000

14,710

3.35%,

11/01/2025

25,000

24,226

6.00%,

10/01/2036

40,000

43,618

6.22%,

4/30/2040

20,000

22,714

4.75%,

11/15/2048

13,000

12,561

3.35%,

9/15/2049

250,000

193,030

3.80%,

4/15/2050

15,000

12,421

2.50%,

5/15/2051

(a)

10,000

6,608

4.25%,

11/01/2066

50,000

43,086

Deere

&

Co.

2.75%,

4/15/2025

10,000

9,642

5.38%,

10/16/2029

50,000

53,144

3.90%,

6/09/2042

25,000

23,596

Dover

Corp.,

5.38%,

10/15/2035

25,000

26,061

Eaton

Corp.,

4.15%,

11/02/2042

55,000

50,006

Emerson

Electric

Co.,

1.95%,

10/15/2030

75,000

62,688

FedEx

Corp.

3.25%,

4/01/2026

50,000

48,235

4.25%,

5/15/2030

10,000

9,711

4.90%,

1/15/2034

30,000

29,935

3.90%,

2/01/2035

70,000

63,053

3.88%,

8/01/2042

75,000

61,266

4.75%,

11/15/2045

15,000

13,663

4.55%,

4/01/2046

30,000

26,327

4.40%,

1/15/2047

10,000

8,649

Flex

Ltd.

3.75%,

2/01/2026

25,000

24,187

4.88%,

6/15/2029

100,000

98,477

4.88%,

5/12/2030

75,000

73,517

GATX

Corp.

3.85%,

3/30/2027

50,000

47,748

4.70%,

4/01/2029

30,000

29,559

3.10%,

6/01/2051

50,000

32,952

GE

Capital

International

Funding

Co.

Unlimited

Co.,

4.42%,

11/15/2035

200,000

194,677

General

Dynamics

Corp.

3.25%,

4/01/2025

50,000

48,780

3.50%,

5/15/2025

110,000

107,825

3.50%,

4/01/2027

40,000

38,867

4.25%,

4/01/2040

10,000

9,710

Honeywell

International,

Inc.

2.30%,

8/15/2024

25,000

24,169

2.50%,

11/01/2026

50,000

47,110

1.75%,

9/01/2031

50,000

40,989

3.81%,

11/21/2047

70,000

62,451

Hubbell,

Inc.,

3.15%,

8/15/2027

50,000

46,661

51

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Industrial

–

1.9%

(continued)

Huntington

Ingalls

Industries,

Inc.

3.84%,

5/01/2025

75,000

72,704

3.48%,

12/01/2027

50,000

46,624

4.20%,

5/01/2030

25,000

23,388

IDEX

Corp.,

2.63%,

6/15/2031

25,000

21,416

Illinois

Tool

Works,

Inc.,

2.65%,

11/15/2026

35,000

33,142

Jabil,

Inc.

4.25%,

5/15/2027

50,000

48,570

3.95%,

1/12/2028

10,000

9,542

John

Deere

Capital

Corp.

2.13%,

3/07/2025

300,000

285,787

4.80%,

1/09/2026

150,000

152,025

2.35%,

3/08/2027

(a)

5,000

4,645

2.80%,

7/18/2029

50,000

45,758

2.45%,

1/09/2030

20,000

17,792

Kansas

City

Southern

2.88%,

11/15/2029

43,000

38,291

4.30%,

5/15/2043

40,000

35,316

4.70%,

5/01/2048

50,000

46,412

Keysight

Technologies,

Inc.,

3.00%,

10/30/2029

60,000

53,652

Kirby

Corp.,

4.20%,

3/01/2028

65,000

61,933

L3Harris

Technologies,

Inc.

3.83%,

4/27/2025

75,000

73,290

4.40%,

6/15/2028

100,000

98,908

1.80%,

1/15/2031

50,000

40,204

Lafarge

SA,

7.13%,

7/15/2036

40,000

44,182

Lennox

International,

Inc.,

1.35%,

8/01/2025

50,000

45,679

Lockheed

Martin

Corp.

3.55%,

1/15/2026

49,000

48,176

3.80%,

3/01/2045

90,000

78,731

4.09%,

9/15/2052

50,000

45,992

Martin

Marietta

Materials,

Inc.,

3.50%,

12/15/2027

25,000

23,829

Mohawk

Industries,

Inc.,

3.63%,

5/15/2030

(a)

10,000

9,035

Norfolk

Southern

Corp.

4.15%,

2/28/2048

50,000

43,991

2.90%,

8/25/2051

100,000

69,886

Northrop

Grumman

Corp.

5.05%,

11/15/2040

20,000

20,278

4.75%,

6/01/2043

35,000

34,281

5.25%,

5/01/2050

150,000

157,132

nVent

Finance

Sarl

,

2.75%,

11/15/2031

100,000

81,586

Oshkosh

Corp.,

3.10%,

3/01/2030

105,000

92,201

Otis

Worldwide

Corp.

2.29%,

4/05/2027

40,000

36,698

3.36%,

2/15/2050

50,000

37,867

Packaging

Corp.

of

America,

3.40%,

12/15/2027

45,000

42,530

Parker-Hannifin

Corp.

2.70%,

6/14/2024

100,000

97,001

3.25%,

6/14/2029

25,000

23,161

4.10%,

3/01/2047

70,000

60,978

Raytheon

Technologies

Corp.

3.20%,

3/15/2024

5,000

4,916

3.13%,

5/04/2027

58,000

55,084

7.20%,

8/15/2027

25,000

28,124

2.25%,

7/01/2030

200,000

171,893

2.38%,

3/15/2032

50,000

42,053

6.05%,

6/01/2036

20,000

22,166

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Industrial

–

1.9%

(continued)

4.80%,

12/15/2043

31,000

30,228

4.63%,

11/16/2048

55,000

53,219

3.13%,

7/01/2050

125,000

94,199

3.03%,

3/15/2052

50,000

36,877

Regal

Rexnord

Corp.,

6.05%,

4/15/2028

(b)

75,000

76,065

Republic

Services,

Inc.

0.88%,

11/15/2025

20,000

18,028

2.30%,

3/01/2030

50,000

43,354

1.75%,

2/15/2032

(a)

20,000

16,116

3.05%,

3/01/2050

25,000

18,483

Rockwell

Automation,

Inc.,

2.80%,

8/15/2061

75,000

49,520

Ryder

System,

Inc.

2.50%,

9/01/2024

50,000

47,984

4.63%,

6/01/2025

50,000

49,656

Snap-On,

Inc.

3.25%,

3/01/2027

25,000

23,992

3.10%,

5/01/2050

75,000

57,856

TD

Synnex

Corp.,

1.25%,

8/09/2024

50,000

46,912

Textron,

Inc.

4.30%,

3/01/2024

25,000

24,822

4.00%,

3/15/2026

25,000

24,395

3.65%,

3/15/2027

25,000

23,946

3.38%,

3/01/2028

84,000

78,693

Trane

Technologies

Global

Holding

Co.

Ltd.,

4.30%,

2/21/2048

60,000

50,864

Tyco

Electronics

Group

SA,

3.13%,

8/15/2027

35,000

32,961

Union

Pacific

Corp.

3.00%,

4/15/2027

67,000

63,903

3.60%,

9/15/2037

50,000

44,370

3.55%,

8/15/2039

50,000

43,740

4.05%,

3/01/2046

75,000

65,367

4.00%,

4/15/2047

100,000

87,660

4.50%,

9/10/2048

10,000

9,284

4.10%,

9/15/2067

15,000

12,771

3.80%,

4/06/2071

50,000

39,746

3.85%,

2/14/2072

15,000

12,086

United

Parcel

Service,

Inc.

3.90%,

4/01/2025

50,000

49,523

3.05%,

11/15/2027

25,000

23,917

5.30%,

4/01/2050

60,000

65,672

Vontier

Corp.

2.40%,

4/01/2028

75,000

61,909

2.95%,

4/01/2031

150,000

116,555

Waste

Management,

Inc.

3.13%,

3/01/2025

75,000

72,776

4.10%,

3/01/2045

25,000

22,840

4.15%,

7/15/2049

15,000

13,853

2.50%,

11/15/2050

20,000

13,469

Westinghouse

Air

Brake

Technologies

Corp.

4.40%,

3/15/2024

75,000

74,049

3.45%,

11/15/2026

60,000

56,645

4.95%,

9/15/2028

100,000

99,155

WRKCo

,

Inc.

4.65%,

3/15/2026

75,000

74,747

4.00%,

3/15/2028

25,000

23,911

8,130,005

52

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Technology

–

1.7%

Activision

Blizzard,

Inc.

3.40%,

9/15/2026

10,000

9,651

1.35%,

9/15/2030

30,000

24,324

4.50%,

6/15/2047

25,000

23,632

Adobe,

Inc.,

2.15%,

2/01/2027

40,000

37,192

Amdocs

Ltd.,

2.54%,

6/15/2030

65,000

55,013

Analog

Devices,

Inc.,

2.95%,

4/01/2025

10,000

9,697

Apple,

Inc.

3.00%,

2/09/2024

9,000

8,849

1.80%,

9/11/2024

10,000

9,585

1.13%,

5/11/2025

15,000

13,974

3.20%,

5/13/2025

125,000

122,071

0.55%,

8/20/2025

(a)

10,000

9,098

0.70%,

2/08/2026

10,000

9,013

3.25%,

2/23/2026

150,000

145,729

2.45%,

8/04/2026

300,000

283,067

3.35%,

2/09/2027

281,000

273,272

2.90%,

9/12/2027

50,000

47,466

1.25%,

8/20/2030

10,000

8,128

1.65%,

2/08/2031

60,000

49,799

2.38%,

2/08/2041

60,000

44,705

3.85%,

5/04/2043

211,000

191,628

4.65%,

2/23/2046

75,000

75,537

2.65%,

5/11/2050

150,000

106,144

2.55%,

8/20/2060

50,000

32,634

2.80%,

2/08/2061

10,000

6,843

Applied

Materials,

Inc.

1.75%,

6/01/2030

280,000

235,278

5.10%,

10/01/2035

30,000

31,606

2.75%,

6/01/2050

(a)

100,000

73,415

AutoDesk

,

Inc.,

2.85%,

1/15/2030

91,000

80,590

Broadcom,

Inc.

4.00%,

4/15/2029

(b)

50,000

46,803

2.45%,

2/15/2031

(b)

305,000

250,496

4.15%,

4/15/2032

(b)

50,000

45,666

4.93%,

5/15/2037

(b)

50,000

45,902

3.50%,

2/15/2041

(b)

5,000

3,824

3.75%,

2/15/2051

(b)

5,000

3,715

Broadridge

Financial

Solutions,

Inc.,

3.40%,

6/27/2026

60,000

57,334

CDW

LLC

/

CDW

Finance

Corp.

2.67%,

12/01/2026

50,000

45,007

4.25%,

4/01/2028

50,000

46,360

3.28%,

12/01/2028

100,000

87,987

Dell

International

LLC

/

EMC

Corp.

4.00%,

7/15/2024

10,000

9,873

4.90%,

10/01/2026

50,000

49,795

3.45%,

12/15/2051

(b)

110,000

73,081

DXC

Technology

Co.,

2.38%,

9/15/2028

30,000

25,806

Electronic

Arts,

Inc.,

1.85%,

2/15/2031

25,000

20,418

Fidelity

National

Information

Services,

Inc.,

4.50%,

7/15/2025

50,000

49,576

Fiserv,

Inc.

2.75%,

7/01/2024

25,000

24,225

4.40%,

7/01/2049

50,000

42,891

Fortinet,

Inc.,

1.00%,

3/15/2026

50,000

44,510

Hewlett

Packard

Enterprise

Co.

1.45%,

4/01/2024

10,000

9,618

6.20%,

10/15/2035

50,000

54,076

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Technology

–

1.7%

(continued)

6.35%,

10/15/2045

20,000

21,062

HP,

Inc.

3.00%,

6/17/2027

100,000

93,007

6.00%,

9/15/2041

35,000

35,552

Intel

Corp.

3.15%,

5/11/2027

(a)

30,000

28,723

2.45%,

11/15/2029

80,000

70,361

4.00%,

12/15/2032

31,000

29,438

4.10%,

5/19/2046

109,000

94,074

4.10%,

5/11/2047

40,000

34,071

4.75%,

3/25/2050

150,000

138,620

3.10%,

2/15/2060

35,000

23,232

5.05%,

8/05/2062

40,000

37,426

International

Business

Machines

Corp.

4.00%,

7/27/2025

50,000

49,378

3.45%,

2/19/2026

100,000

97,244

3.30%,

1/27/2027

100,000

95,986

1.70%,

5/15/2027

50,000

44,763

4.15%,

5/15/2039

100,000

90,480

2.85%,

5/15/2040

150,000

114,319

4.00%,

6/20/2042

25,000

21,792

Intuit,

Inc.,

1.65%,

7/15/2030

69,000

57,226

KLA

Corp.,

5.00%,

3/15/2049

50,000

49,736

Kyndryl

Holdings,

Inc.,

2.70%,

10/15/2028

(a)

50,000

40,410

LAM

Research

Corp.,

3.13%,

6/15/2060

50,000

35,580

Micron

Technology,

Inc.,

4.66%,

2/15/2030

25,000

23,822

Microsoft

Corp.

2.88%,

2/06/2024

30,000

29,473

2.40%,

8/08/2026

25,000

23,586

3.30%,

2/06/2027

313,000

304,796

4.20%,

11/03/2035

50,000

50,466

4.50%,

10/01/2040

75,000

76,651

4.25%,

2/06/2047

40,000

39,345

2.53%,

6/01/2050

25,000

17,822

2.92%,

3/17/2052

170,000

129,950

3.95%,

8/08/2056

25,000

22,958

3.04%,

3/17/2062

81,000

61,336

NetApp,

Inc.,

1.88%,

6/22/2025

10,000

9,301

NVIDIA

Corp.

2.85%,

4/01/2030

(a)

124,000

112,598

3.50%,

4/01/2040

20,000

17,392

3.50%,

4/01/2050

40,000

32,731

Oracle

Corp.

3.40%,

7/08/2024

50,000

48,985

1.65%,

3/25/2026

50,000

45,604

2.65%,

7/15/2026

225,000

210,728

2.80%,

4/01/2027

50,000

46,310

2.95%,

4/01/2030

22,000

19,369

2.88%,

3/25/2031

10,000

8,627

6.25%,

11/09/2032

45,000

48,926

4.30%,

7/08/2034

100,000

92,511

3.85%,

7/15/2036

125,000

107,801

3.80%,

11/15/2037

50,000

42,047

6.13%,

7/08/2039

50,000

52,730

4.13%,

5/15/2045

100,000

81,090

4.00%,

11/15/2047

30,000

23,794

3.60%,

4/01/2050

85,000

62,571

3.95%,

3/25/2051

50,000

38,912

4.38%,

5/15/2055

25,000

20,522

53

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Technology

–

1.7%

(continued)

3.85%,

4/01/2060

125,000

90,402

4.10%,

3/25/2061

10,000

7,570

QUALCOMM,

Inc.

4.65%,

5/20/2035

50,000

51,182

4.80%,

5/20/2045

87,000

86,936

4.50%,

5/20/2052

10,000

9,463

Roper

Technologies,

Inc.,

1.00%,

9/15/2025

20,000

18,242

ServiceNow

,

Inc.,

1.40%,

9/01/2030

150,000

118,874

Teledyne

FLIR

LLC,

2.50%,

8/01/2030

25,000

20,976

Texas

Instruments,

Inc.

1.13%,

9/15/2026

50,000

44,884

2.25%,

9/04/2029

13,000

11,543

1.90%,

9/15/2031

50,000

41,849

4.15%,

5/15/2048

250,000

237,549

TSMC

Arizona

Corp.

3.88%,

4/22/2027

200,000

196,358

2.50%,

10/25/2031

200,000

171,183

VMware,

Inc.

4.50%,

5/15/2025

25,000

24,779

1.40%,

8/15/2026

50,000

44,307

Western

Digital

Corp.,

4.75%,

2/15/2026

150,000

144,883

Xilinx,

Inc.

2.95%,

6/01/2024

35,000

34,199

2.38%,

6/01/2030

35,000

30,452

7,645,768

Utilities

–

2.2%

AEP

Texas,

Inc.,

Series

I,

2.10%,

7/01/2030

115,000

96,110

AEP

Transmission

Co.

LLC

4.25%,

9/15/2048

90,000

81,541

3.80%,

6/15/2049

30,000

25,266

AES

Corp.

(The)

1.38%,

1/15/2026

200,000

180,188

2.45%,

1/15/2031

50,000

41,374

Alabama

Power

Co.

3.75%,

3/01/2045

50,000

41,388

3.13%,

7/15/2051

15,000

10,959

Ameren

Corp.,

1.75%,

3/15/2028

50,000

43,667

Ameren

Illinois

Co.,

1.55%,

11/15/2030

10,000

8,136

American

Water

Capital

Corp.

3.40%,

3/01/2025

50,000

48,835

2.95%,

9/01/2027

100,000

94,100

3.75%,

9/01/2028

40,000

38,653

2.80%,

5/01/2030

25,000

22,412

6.59%,

10/15/2037

90,000

103,799

4.00%,

12/01/2046

25,000

21,145

Arizona

Public

Service

Co.

4.25%,

3/01/2049

50,000

41,416

3.50%,

12/01/2049

65,000

47,736

3.35%,

5/15/2050

50,000

35,762

Atmos

Energy

Corp.

1.50%,

1/15/2031

45,000

36,332

3.38%,

9/15/2049

50,000

39,147

Avangrid

,

Inc.,

3.20%,

4/15/2025

25,000

24,030

Baltimore

Gas

&

Electric

Co.,

2.90%,

6/15/2050

25,000

18,018

Berkshire

Hathaway

Energy

Co.

4.05%,

4/15/2025

40,000

39,518

6.13%,

4/01/2036

35,000

38,867

2.85%,

5/15/2051

50,000

35,322

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Utilities

–

2.2%

(continued)

Black

Hills

Corp.

3.05%,

10/15/2029

150,000

131,722

3.88%,

10/15/2049

10,000

7,676

CenterPoint

Energy

Resources

Corp.

1.75%,

10/01/2030

50,000

41,152

4.10%,

9/01/2047

25,000

21,645

Cleco

Securitization

I

LLC,

Series

A-2,

4.65%,

9/01/2042

50,000

47,909

Cleveland

Electric

Illuminating

Co.

(The),

5.95%,

12/15/2036

30,000

31,062

Commonwealth

Edison

Co.

3.70%,

3/01/2045

100,000

83,452

Series

123,

3.75%,

8/15/2047

100,000

83,391

4.00%,

3/01/2048

20,000

17,588

4.00%,

3/01/2049

20,000

17,310

5.30%,

2/01/2053

100,000

106,816

Connecticut

Light

&

Power

Co.

(The),

Series

A,

2.05%,

7/01/2031

50,000

42,089

Consolidated

Edison

Co.

of

New

York,

Inc.

6.15%,

11/15/2052

100,000

116,295

4.63%,

12/01/2054

30,000

27,651

Series

C,

4.00%,

11/15/2057

50,000

41,752

Series

C,

3.00%,

12/01/2060

20,000

13,629

Constellation

Energy

Generation

LLC,

5.75%,

10/01/2041

30,000

30,523

Consumers

Energy

Co.

4.20%,

9/01/2052

100,000

91,316

2.50%,

5/01/2060

50,000

30,466

Delmarva

Power

&

Light

Co.,

4.15%,

5/15/2045

25,000

21,965

Dominion

Energy

South

Carolina,

Inc.

5.45%,

2/01/2041

25,000

26,084

5.10%,

6/01/2065

50,000

50,932

Dominion

Energy,

Inc.

Series

A,

1.45%,

4/15/2026

30,000

27,091

Series

D,

2.85%,

8/15/2026

100,000

93,701

7.00%,

6/15/2038

25,000

28,475

Series

B,

3.30%,

4/15/2041

25,000

19,772

Series

C,

4.90%,

8/01/2041

25,000

23,466

Duke

Energy

Carolinas

LLC

2.85%,

3/15/2032

100,000

87,552

4.95%,

1/15/2033

100,000

102,814

4.25%,

12/15/2041

30,000

27,528

3.75%,

6/01/2045

75,000

62,892

3.88%,

3/15/2046

75,000

63,158

3.55%,

3/15/2052

100,000

80,833

5.35%,

1/15/2053

100,000

105,872

Duke

Energy

Corp.

2.65%,

9/01/2026

50,000

46,776

5.00%,

12/08/2027

100,000

101,760

2.45%,

6/01/2030

95,000

81,212

3.75%,

9/01/2046

20,000

15,930

4.20%,

6/15/2049

25,000

21,174

Duke

Energy

Florida

LLC,

1.75%,

6/15/2030

100,000

82,934

Duke

Energy

Indiana

LLC

Series

YYY,

3.25%,

10/01/2049

25,000

18,620

2.75%,

4/01/2050

45,000

30,544

Duke

Energy

Ohio,

Inc.,

3.70%,

6/15/2046

50,000

39,365

Eastern

Energy

Gas

Holdings

LLC,

Series

A,

2.50%,

11/15/2024

34,000

32,773

54

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Utilities

–

2.2%

(continued)

Edison

International,

6.95%,

11/15/2029

100,000

108,550

El

Paso

Electric

Co.,

6.00%,

5/15/2035

58,000

60,038

Emera

US

Finance

LP,

3.55%,

6/15/2026

10,000

9,483

ENEL

Americas

SA,

4.00%,

10/25/2026

(a)

50,000

48,846

ENEL

Generacion

Chile

SA,

4.25%,

4/15/2024

25,000

24,697

Entergy

Arkansas

LLC,

3.50%,

4/01/2026

50,000

48,721

Entergy

Louisiana

LLC

2.40%,

10/01/2026

35,000

32,220

4.20%,

9/01/2048

60,000

53,166

4.75%,

9/15/2052

100,000

96,741

Essential

Utilities,

Inc.

3.57%,

5/01/2029

50,000

46,553

3.35%,

4/15/2050

15,000

11,107

Evergy

Metro,

Inc.,

Series

2020,

2.25%,

6/01/2030

40,000

34,038

Evergy

,

Inc.

2.45%,

9/15/2024

100,000

95,863

2.90%,

9/15/2029

100,000

89,025

Eversource

Energy

Series

O,

4.25%,

4/01/2029

100,000

97,259

Series

R,

1.65%,

8/15/2030

100,000

80,367

Florida

Power

&

Light

Co.

2.85%,

4/01/2025

214,000

206,396

5.96%,

4/01/2039

25,000

27,981

3.80%,

12/15/2042

50,000

43,798

Georgia

Power

Co.

Series

B,

2.65%,

9/15/2029

100,000

88,035

4.30%,

3/15/2042

100,000

90,206

4.30%,

3/15/2043

25,000

22,202

Idaho

Power

Co.,

Series

K,

4.20%,

3/01/2048

25,000

21,800

Interstate

Power

&

Light

Co.,

2.30%,

6/01/2030

15,000

12,652

ITC

Holdings

Corp.,

3.35%,

11/15/2027

50,000

47,403

Louisville

Gas

&

Electric

Co.,

4.25%,

4/01/2049

25,000

22,336

MidAmerican

Energy

Co.

3.50%,

10/15/2024

70,000

68,814

5.80%,

10/15/2036

50,000

55,326

4.25%,

7/15/2049

30,000

27,461

National

Fuel

Gas

Co.

5.50%,

1/15/2026

50,000

50,214

2.95%,

3/01/2031

200,000

162,320

National

Grid

USA,

5.80%,

4/01/2035

25,000

25,048

National

Rural

Utilities

Cooperative

Finance

Corp.

1.00%,

6/15/2026

45,000

40,194

4.80%,

3/15/2028

100,000

101,100

4.30%,

3/15/2049

15,000

13,459

Nevada

Power

Co.,

Series

EE,

3.13%,

8/01/2050

25,000

18,105

NextEra

Energy

Capital

Holdings,

Inc.

1.88%,

1/15/2027

100,000

90,293

2.25%,

6/01/2030

30,000

25,438

2.44%,

1/15/2032

50,000

41,754

3.00%,

1/15/2052

50,000

35,234

NiSource,

Inc.

0.95%,

8/15/2025

15,000

13,683

5.25%,

2/15/2043

35,000

35,212

Northern

States

Power

Co.

3.40%,

8/15/2042

25,000

20,780

4.00%,

8/15/2045

40,000

35,233

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Utilities

–

2.2%

(continued)

2.90%,

3/01/2050

20,000

14,596

Oglethorpe

Power

Corp.,

5.38%,

11/01/2040

50,000

48,117

Ohio

Power

Co.,

Series

R,

2.90%,

10/01/2051

25,000

17,563

Oklahoma

Gas

&

Electric

Co.

3.25%,

4/01/2030

150,000

135,656

4.15%,

4/01/2047

35,000

29,434

3.85%,

8/15/2047

25,000

20,148

Oncor

Electric

Delivery

Co.

LLC,

3.10%,

9/15/2049

40,000

30,259

Pacific

Gas

&

Electric

Co.

3.15%,

1/01/2026

10,000

9,468

2.10%,

8/01/2027

10,000

8,770

4.65%,

8/01/2028

100,000

94,904

4.55%,

7/01/2030

5,000

4,664

2.50%,

2/01/2031

50,000

40,401

4.50%,

7/01/2040

30,000

24,692

3.30%,

8/01/2040

30,000

21,531

4.20%,

6/01/2041

75,000

59,527

4.60%,

6/15/2043

100,000

81,129

4.00%,

12/01/2046

50,000

36,410

3.95%,

12/01/2047

50,000

36,228

4.95%,

7/01/2050

30,000

25,045

PacifiCorp,

4.10%,

2/01/2042

35,000

30,977

PECO

Energy

Co.

3.00%,

9/15/2049

40,000

29,322

2.85%,

9/15/2051

50,000

35,488

4.38%,

8/15/2052

100,000

95,050

PG&E

Energy

Recovery

Funding

LLC,

Series

A-3,

2.82%,

7/15/2046

25,000

18,510

PG&E

Wildfire

Recovery

Funding

LLC

Series

A-1,

3.59%,

6/01/2030

46,908

45,237

Series

A-2,

4.72%,

6/01/2037

50,000

50,265

Piedmont

Natural

Gas

Co.,

Inc.

2.50%,

3/15/2031

25,000

21,269

3.35%,

6/01/2050

15,000

10,954

Public

Service

Co.

of

Colorado

Series

17,

6.25%,

9/01/2037

10,000

11,397

3.60%,

9/15/2042

25,000

20,948

Series

34,

3.20%,

3/01/2050

20,000

15,489

Public

Service

Co.

of

New

Hampshire

3.60%,

7/01/2049

100,000

83,337

5.15%,

1/15/2053

100,000

105,971

Public

Service

Co.

of

Oklahoma,

5.25%,

1/15/2033

100,000

103,713

Public

Service

Electric

&

Gas

Co.

3.95%,

5/01/2042

35,000

30,991

3.65%,

9/01/2042

25,000

21,221

3.80%,

3/01/2046

25,000

21,390

Public

Service

Enterprise

Group,

Inc.

0.80%,

8/15/2025

10,000

9,078

1.60%,

8/15/2030

60,000

48,158

Puget

Energy,

Inc.,

4.10%,

6/15/2030

75,000

69,451

Puget

Sound

Energy,

Inc.

5.80%,

3/15/2040

27,000

28,502

2.89%,

9/15/2051

25,000

17,079

San

Diego

Gas

&

Electric

Co.

2.50%,

5/15/2026

50,000

46,917

Series

XXX,

3.00%,

3/15/2032

100,000

88,520

55

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

24.6%

(continued)

Utilities

–

2.2%

(continued)

Series

RRR,

3.75%,

6/01/2047

60,000

49,805

Series

TTT,

4.10%,

6/15/2049

10,000

8,772

Sempra

Energy,

3.80%,

2/01/2038

15,000

13,143

Southern

California

Edison

Co.

2.25%,

6/01/2030

125,000

107,056

Series

G,

2.50%,

6/01/2031

25,000

21,354

5.95%,

11/01/2032

100,000

108,957

6.00%,

1/15/2034

160,000

174,224

Series

05-E,

5.35%,

7/15/2035

40,000

40,819

4.50%,

9/01/2040

75,000

67,913

Series

C,

3.60%,

2/01/2045

25,000

19,346

Series

B,

4.88%,

3/01/2049

25,000

23,764

Southern

California

Gas

Co.

3.15%,

9/15/2024

40,000

38,985

3.75%,

9/15/2042

35,000

29,204

Series

VV,

4.30%,

1/15/2049

65,000

57,036

Series

WW,

3.95%,

2/15/2050

15,000

12,500

Southern

Co.

(The),

Series

A,

3.70%,

4/30/2030

10,000

9,365

Southern

Co.

Gas

Capital

Corp.

4.40%,

5/30/2047

90,000

77,401

Series

21A,

3.15%,

9/30/2051

25,000

17,685

Southern

Power

Co.,

5.25%,

7/15/2043

20,000

19,146

Southwest

Gas

Corp.

3.70%,

4/01/2028

140,000

131,644

2.20%,

6/15/2030

130,000

106,905

4.15%,

6/01/2049

25,000

19,581

Southwestern

Electric

Power

Co.

Series

N,

1.65%,

3/15/2026

125,000

113,793

Series

J,

3.90%,

4/01/2045

40,000

32,543

Tampa

Electric

Co.,

3.88%,

7/12/2024

50,000

49,198

Toledo

Edison

Co.

(The),

6.15%,

5/15/2037

25,000

27,124

Tucson

Electric

Power

Co.,

1.50%,

8/01/2030

50,000

39,740

Union

Electric

Co.

2.95%,

3/15/2030

50,000

45,291

3.25%,

10/01/2049

75,000

56,549

Virginia

Electric

&

Power

Co.

Series

A,

3.15%,

1/15/2026

180,000

174,525

Series

A,

3.80%,

4/01/2028

50,000

48,323

Series

B,

3.80%,

9/15/2047

20,000

16,466

4.60%,

12/01/2048

20,000

18,584

2.45%,

12/15/2050

35,000

22,521

WEC

Energy

Group,

Inc.,

2.20%,

12/15/2028

50,000

43,719

Wisconsin

Power

&

Light

Co.,

1.95%,

9/16/2031

50,000

40,672

Xcel

Energy,

Inc.

2.60%,

12/01/2029

10,000

8,790

3.50%,

12/01/2049

25,000

19,598

9,579,356

Total

Corporate

Bonds

(cost

$117,932,527)

107,961,510

Foreign

Governmental

–

1.4%

Chile

Government

International

Bond

3.24%,

2/06/2028

40,000

37,952

2.45%,

1/31/2031

20,000

17,135

3.10%,

1/22/2061

100,000

66,403

Hydro-Quebec,

Series

HH,

8.50%,

12/01/2029

25,000

31,279

Indonesia

Government

International

Bond

3.50%,

1/11/2028

199,000

190,833

3.40%,

9/18/2029

(a)

70,000

65,469

2.85%,

2/14/2030

200,000

181,500

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Foreign

Governmental

–

1.4%

(continued)

1.85%,

3/12/2031

20,000

16,479

3.05%,

3/12/2051

(a)

20,000

15,091

Israel

Government

AID

Bond,

5.50%,

9/18/2033

40,000

44,840

Israel

Government

International

Bond,

3.88%,

7/03/2050

160,000

136,478

Korea

International

Bond,

4.13%,

6/10/2044

200,000

193,605

Mexico

Government

International

Bond

4.50%,

4/22/2029

50,000

49,122

3.25%,

4/16/2030

(a)

75,000

67,762

2.66%,

5/24/2031

50,000

42,042

4.75%,

4/27/2032

60,000

58,037

Series

A,

7.50%,

4/08/2033

150,000

171,632

Series

A,

6.75%,

9/27/2034

89,000

97,352

6.05%,

1/11/2040

40,000

40,832

4.28%,

8/14/2041

100,000

82,333

4.75%,

3/08/2044

174,000

149,436

4.50%,

1/31/2050

150,000

121,707

5.75%,

10/12/2110

20,000

18,039

Panama

Government

International

Bond

7.13%,

1/29/2026

175,000

186,146

9.38%,

4/01/2029

100,000

121,132

6.70%,

1/26/2036

40,000

43,400

Peruvian

Government

International

Bond

2.39%,

1/23/2026

20,000

18,633

4.13%,

8/25/2027

(a)

100,000

97,496

2.84%,

6/20/2030

20,000

17,298

2.78%,

1/23/2031

200,000

169,657

1.86%,

12/01/2032

165,000

123,756

8.75%,

11/21/2033

20,000

24,969

3.23%,

7/28/2121

100,000

60,739

Philippine

Government

International

Bond

9.50%,

2/02/2030

117,000

150,761

1.95%,

1/06/2032

100,000

81,651

2.65%,

12/10/2045

350,000

244,964

Province

of

Alberta

Canada

3.30%,

3/15/2028

25,000

24,259

1.30%,

7/22/2030

325,000

268,734

Province

of

British

Columbia

Canada

Series

10,

1.75%,

9/27/2024

20,000

19,118

0.90%,

7/20/2026

50,000

45,071

1.30%,

1/29/2031

(a)

220,000

181,434

Province

of

Manitoba

Canada,

2.13%,

6/22/2026

310,000

290,920

Province

of

Ontario

Canada

3.20%,

5/16/2024

30,000

29,442

0.63%,

1/21/2026

10,000

9,032

1.05%,

4/14/2026

15,000

13,618

2.50%,

4/27/2026

175,000

165,971

1.05%,

5/21/2027

65,000

57,488

1.13%,

10/07/2030

50,000

40,702

1.60%,

2/25/2031

130,000

109,098

Province

of

Quebec

Canada

Series

QX,

1.50%,

2/11/2025

127,000

120,028

0.60%,

7/23/2025

100,000

91,692

2.50%,

4/20/2026

20,000

19,074

2.75%,

4/12/2027

150,000

142,903

1.90%,

4/21/2031

15,000

12,885

Republic

of

Italy

Government

International

Bond

0.88%,

5/06/2024

150,000

141,200

56

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Foreign

Governmental

–

1.4%

(continued)

1.25%,

2/17/2026

216,000

191,256

5.38%,

6/15/2033

40,000

40,030

4.00%,

10/17/2049

20,000

15,126

3.88%,

5/06/2051

105,000

75,066

Svensk

Exportkredit

AB

Series

G,

0.63%,

5/14/2025

200,000

183,783

5/11/2037

(c)

30,000

16,035

Uruguay

Government

International

Bond

4.38%,

10/27/2027

50,000

50,630

5.10%,

6/18/2050

200,000

203,022

4.98%,

4/20/2055

142,000

141,444

Total

Foreign

Governmental

(cost

$6,601,667)

5,935,021

Municipal

Securities

–

0.3%

California

State

University,

RB,

2.72%,

11/01/2052

50,000

35,428

City

of

Los

Angeles

Department

of

Airports

Customer

Facility

Charge,

RB,

4.24%,

5/15/2048

200,000

178,976

City

of

San

Francisco,

CA

Public

Utilities

Commission

Water,

RB,

6.95%,

11/01/2050

110,000

142,628

Commonwealth

of

Massachusetts,

RB,

4.11%,

7/15/2031

100,000

98,784

Los

Angeles

Department

of

Water

&

Power,

RB,

5.72%,

7/01/2039

200,000

225,646

Michigan

State

University,

RB,

4.17%,

8/15/2122

100,000

81,783

Municipal

Electric

Authority

of

Georgia,

RB,

6.64%,

4/01/2057

100,000

113,057

New

Jersey

Turnpike

Authority,

RB,

7.10%,

1/01/2041

20,000

25,425

North

Texas

Tollway

Authority,

RB,

6.72%,

1/01/2049

15,000

19,195

Ohio

State

University

(The),

RB,

4.80%,

6/01/2111

10,000

9,000

Port

Authority

of

New

York

&

New

Jersey,

RB,

4.96%,

8/01/2046

100,000

104,406

Regents

of

The

University

of

California

Medical

Center

Pooled,

RB,

6.58%,

5/15/2049

100,000

121,834

State

Board

of

Administration

Finance

Corp.,

RB,

1.71%,

7/01/2027

100,000

89,140

State

of

California,

GO

7.30%,

10/01/2039

50,000

63,707

7.60%,

11/01/2040

15,000

20,327

State

of

Illinois

Sales

Tax

Securitization

Corp.,

RB,

3.59%,

1/01/2043

30,000

25,412

State

of

Illinois,

GO,

5.10%,

6/01/2033

20,000

19,851

University

of

Michigan,

RB,

4.45%,

4/01/2122

50,000

44,780

University

of

Virginia,

RB,

2.58%,

11/01/2051

50,000

35,192

Total

Municipal

Securities

(cost

$1,669,641)

1,454,571

Supranational

Bank

–

1.6%

African

Development

Bank,

Series

G,

4.38%,

11/03/2027

150,000

153,569

Asian

Development

Bank

Series

G,

0.38%,

9/03/2025

95,000

86,497

Series

G,

1.00%,

4/14/2026

50,000

45,612

Series

G,

1.50%,

1/20/2027

50,000

45,765

Series

G,

3.13%,

8/20/2027

400,000

389,171

2.75%,

1/19/2028

50,000

47,786

1.75%,

9/19/2029

150,000

132,776

0.75%,

10/08/2030

150,000

120,895

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Supranational

Bank

–

1.6%

(continued)

Series

G,

3.88%,

9/28/2032

250,000

253,789

Series

G,

4.00%,

1/12/2033

(a)

50,000

51,155

Asian

Infrastructure

Investment

Bank

(The)

0.50%,

10/30/2024

50,000

46,650

0.50%,

5/28/2025

125,000

114,450

Corp.

Andina

de

Fomento

,

1.63%,

9/23/2025

92,000

84,885

European

Bank

For

Reconstruction

&

Development

1.63%,

9/27/2024

150,000

143,273

Series

G,

0.50%,

11/25/2025

50,000

45,372

European

Investment

Bank

2.63%,

3/15/2024

250,000

244,401

1.88%,

2/10/2025

50,000

47,726

0.38%,

12/15/2025

5,000

4,524

0.38%,

3/26/2026

10,000

8,957

2.38%,

5/24/2027

150,000

141,905

0.63%,

10/21/2027

155,000

134,569

3.88%,

3/15/2028

100,000

100,863

1.75%,

3/15/2029

150,000

134,219

1.25%,

2/14/2031

150,000

126,399

Export-Import

Bank

of

Korea,

0.63%,

6/29/2024

200,000

188,958

Inter-American

Development

Bank

2.13%,

1/15/2025

50,000

48,002

2.00%,

6/02/2026

15,000

14,069

1.50%,

1/13/2027

100,000

91,533

0.63%,

9/16/2027

65,000

56,400

1.13%,

7/20/2028

50,000

43,573

3.13%,

9/18/2028

50,000

48,348

1.13%,

1/13/2031

260,000

214,499

3.88%,

10/28/2041

150,000

146,064

Inter-American

Investment

Corp.,

2.63%,

4/22/2025

100,000

96,346

International

Bank

For

Reconstruction

&

Development

2.25%,

3/28/2024

200,000

194,620

1.50%,

8/28/2024

75,000

71,655

2.50%,

11/25/2024

320,000

309,630

0.75%,

3/11/2025

50,000

46,535

0.38%,

7/28/2025

350,000

320,034

2.50%,

7/29/2025

123,000

118,560

0.50%,

10/28/2025

75,000

68,240

3.13%,

11/20/2025

75,000

73,250

3.13%,

6/15/2027

50,000

48,699

2.50%,

11/22/2027

85,000

80,374

0.88%,

5/14/2030

50,000

41,092

0.75%,

8/26/2030

75,000

60,525

1.25%,

2/10/2031

10,000

8,351

2.50%,

3/29/2032

100,000

91,219

International

Finance

Corp.,

Series

G,

1.38%,

10/16/2024

350,000

332,726

Japan

Bank

For

International

Cooperation

0.63%,

7/15/2025

50,000

45,642

2.75%,

1/21/2026

200,000

191,251

2.25%,

11/04/2026

224,000

208,138

2.88%,

6/01/2027

200,000

189,390

2.75%,

11/16/2027

64,000

60,030

1.25%,

1/21/2031

490,000

395,394

Japan

International

Cooperation

Agency,

3.38%,

6/12/2028

50,000

47,890

Korea

Development

Bank

(The)

57

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Supranational

Bank

–

1.6%

(continued)

2.13%,

10/01/2024

15,000

14,383

3.38%,

9/16/2025

200,000

193,661

2.00%,

10/25/2031

100,000

82,039

Total

Supranational

Bank

(cost

$7,307,594)

6,946,328

U.S.

Government

Agencies

–

29.9%

Federal

Farm

Credit

Banks

Funding

Corp.

0.25%,

2/26/2024

50,000

47,639

0.73%,

5/27/2025

200,000

183,651

0.75%,

12/16/2026

116,000

101,728

1.12%,

9/01/2028

50,000

42,465

1.10%,

8/10/2029

96,000

78,868

1.23%,

7/29/2030

26,000

20,924

1.15%,

8/12/2030

150,000

120,028

1.24%,

9/03/2030

550,000

441,938

1.38%,

1/14/2031

150,000

120,534

1.79%,

6/22/2035

200,000

146,445

Federal

Home

Loan

Banks

2.50%,

2/13/2024

385,000

376,091

2.88%,

6/14/2024

110,000

107,265

2.75%,

12/13/2024

10,000

9,700

2.38%,

3/14/2025

230,000

221,399

0.50%,

4/14/2025

300,000

277,107

1.00%,

3/23/2026

185,250

166,650

3.00%,

3/12/2027

300,000

291,635

3.25%,

11/16/2028

355,000

347,571

Federal

Home

Loan

Mortgage

Corporation

1.50%,

2/12/2025

(d)

319,000

302,389

0.38%,

7/21/2025

(d)

100,000

91,317

0.38%,

9/23/2025

(d)

525,000

478,036

2.50%,

9/01/2027

13,475

12,878

4.00%,

7/01/2029

9,560

9,396

6.75%,

9/15/2029

(d)

50,000

58,879

3.00%,

2/01/2031

25,395

24,547

6.75%,

3/15/2031

(d)

50,000

60,401

2.50%,

12/01/2031

15,945

15,143

2.50%,

3/01/2032

91,542

86,940

6.25%,

7/15/2032

(d)

70,000

83,929

3.00%,

9/01/2032

44,682

42,985

3.00%,

10/01/2032

18,440

17,825

3.00%,

1/01/2033

5,556

5,371

3.00%,

2/01/2033

17,702

17,112

3.50%,

2/01/2033

73,482

72,341

3.00%,

4/01/2033

66,677

64,446

3.00%,

4/01/2033

28,662

27,720

3.00%,

7/01/2033

89,556

85,006

3.00%,

8/01/2034

18,144

17,484

2.50%,

11/01/2034

25,715

24,196

3.50%,

3/01/2035

8,075

7,858

2.50%,

4/01/2035

14,440

13,587

3.00%,

4/01/2035

30,688

29,566

3.00%,

4/01/2035

51,262

49,397

2.50%,

5/01/2035

38,393

36,090

3.00%,

6/01/2035

81,280

78,566

3.00%,

6/01/2035

44,038

42,429

2.00%,

8/01/2035

219,565

200,208

2.50%,

8/01/2035

22,321

20,982

2.50%,

9/01/2035

123,260

115,866

2.00%,

10/01/2035

365,045

332,862

1.50%,

11/01/2035

510,109

454,088

2.00%,

11/01/2035

57,985

52,873

1.50%,

12/01/2035

78,008

69,441

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

1.50%,

2/01/2036

443,985

395,225

2.00%,

2/01/2036

199,711

182,104

2.50%,

6/01/2036

335,660

314,641

2.00%,

8/01/2036

206,176

187,931

2.50%,

8/01/2036

118,500

111,080

1.50%,

9/01/2036

42,729

37,976

1.00%,

10/01/2036

66,308

57,398

1.50%,

10/01/2036

78,145

69,452

2.00%,

10/01/2036

106,844

97,390

2.50%,

10/01/2036

24,216

22,700

1.50%,

11/01/2036

88,290

78,469

2.00%,

11/01/2036

43,195

39,372

1.50%,

1/01/2037

90,278

80,236

1.50%,

2/01/2037

182,621

162,307

1.50%,

2/01/2037

270,066

240,025

1.50%,

3/01/2037

230,440

204,362

2.00%,

4/01/2037

78,697

71,602

2.00%,

4/01/2037

234,225

213,108

3.00%,

5/01/2037

(d)

16,128

15,276

3.00%,

5/01/2037

21,504

20,362

3.00%,

9/01/2037

62,260

59,689

3.50%,

10/01/2037

71,922

70,161

3.50%,

12/01/2037

24,561

23,960

3.00%,

11/01/2039

43,087

40,769

3.00%,

3/01/2040

90,482

85,614

2.50%,

4/01/2040

7,197

6,482

2.00%,

8/01/2040

90,485

78,834

2.50%,

9/01/2040

55,757

50,213

2.50%,

10/01/2040

15,731

14,167

2.00%,

11/01/2040

72,967

63,572

4.00%,

11/01/2040

55,107

54,752

1.50%,

1/01/2041

20,048

16,423

2.00%,

3/01/2041

20,171

17,553

1.50%,

5/01/2041

194,474

159,160

4.50%,

5/01/2041

(d)

104,174

105,881

2.50%,

6/01/2041

143,894

129,755

2.00%,

8/01/2041

144,874

126,069

2.00%,

12/01/2041

343,858

299,226

1.50%,

2/01/2042

46,740

38,253

2.00%,

3/01/2042

203,276

176,936

2.50%,

5/01/2042

95,395

85,833

4.00%,

9/01/2042

24,261

23,725

3.00%,

12/01/2042

(d)

17,135

16,067

3.00%,

1/01/2043

(d)

46,803

43,887

3.50%,

2/01/2043

51,094

49,392

3.00%,

4/01/2043

65,037

60,947

3.50%,

10/01/2043

171,444

165,667

3.50%,

12/01/2044

(d)

45,009

43,377

4.00%,

12/01/2044

20,707

20,537

3.00%,

1/01/2045

323,536

301,187

4.00%,

2/01/2045

47,182

46,795

3.00%,

5/01/2045

9,624

8,951

3.50%,

7/01/2045

(d)

71,173

68,111

3.50%,

7/01/2045

53,309

51,117

4.00%,

9/01/2045

118,253

117,253

3.50%,

10/01/2045

58,365

55,965

4.50%,

10/01/2045

68,031

69,407

4.00%,

11/01/2045

199,660

197,972

3.50%,

12/01/2045

7,406

7,102

3.50%,

8/01/2046

(d)

62,925

60,170

58

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

3.00%,

11/01/2046

52,290

48,658

3.00%,

12/01/2046

157,505

146,565

3.00%,

1/01/2047

52,111

48,491

3.00%,

8/01/2047

43,950

40,897

4.00%,

8/01/2047

(d)

41,552

40,813

3.00%,

9/01/2047

214,747

199,831

3.50%,

9/01/2047

18,046

17,280

4.50%,

10/01/2047

68,595

69,398

3.50%,

6/01/2048

67,838

64,865

3.50%,

7/01/2048

17,410

16,647

4.50%,

8/01/2048

80,261

81,008

4.00%,

1/01/2049

149,417

146,961

4.50%,

3/01/2049

(d)

25,557

25,647

3.50%,

5/01/2049

116,307

110,847

4.00%,

7/01/2049

195,126

191,755

3.00%,

9/01/2049

36,052

33,222

3.00%,

10/01/2049

285,831

263,396

3.00%,

10/01/2049

41,580

38,316

5.00%,

10/01/2049

57,038

58,421

2.50%,

1/01/2050

35,295

31,300

3.00%,

2/01/2050

53,019

48,858

4.50%,

2/01/2050

20,126

20,294

3.00%,

3/01/2050

34,151

31,471

3.00%,

4/01/2050

159,489

146,737

2.50%,

6/01/2050

71,933

63,625

2.50%,

6/01/2050

182,301

161,244

2.50%,

6/01/2050

61,579

54,466

2.50%,

7/01/2050

393,027

347,629

2.50%,

7/01/2050

169,387

149,822

2.50%,

8/01/2050

13,727

12,142

2.00%,

9/01/2050

321,976

273,058

2.50%,

9/01/2050

275,324

243,522

2.00%,

10/01/2050

155,824

132,150

2.00%,

10/01/2050

116,286

98,619

2.50%,

10/01/2050

129,275

114,343

2.50%,

10/01/2050

148,293

131,164

3.00%,

10/01/2050

34,348

31,602

2.00%,

12/01/2050

186,175

157,890

1.50%,

1/01/2051

70,629

56,625

1.50%,

1/01/2051

772,461

619,298

2.50%,

1/01/2051

1,046,415

925,546

1.50%,

2/01/2051

21,310

17,085

2.00%,

2/01/2051

81,213

68,874

2.50%,

2/01/2051

204,361

180,756

2.50%,

3/01/2051

268,792

237,745

1.50%,

4/01/2051

229,134

183,732

2.00%,

4/01/2051

280,986

237,498

2.00%,

4/01/2051

238,004

201,169

2.00%,

4/01/2051

487,124

413,115

2.50%,

4/01/2051

491,146

432,214

2.00%,

5/01/2051

108,266

91,510

2.00%,

5/01/2051

517,389

437,314

2.00%,

5/01/2051

353,066

298,423

2.00%,

5/01/2051

333,762

282,107

2.50%,

5/01/2051

185,028

162,826

2.50%,

5/01/2051

211,061

185,736

2.50%,

5/01/2051

411,011

361,694

1.50%,

6/01/2051

248,298

199,099

3.00%,

6/01/2051

107,468

98,205

2.50%,

7/01/2051

130,529

114,867

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

3.00%,

7/01/2051

687,918

628,628

3.00%,

7/01/2051

344,952

315,221

1.50%,

8/01/2051

184,695

148,099

2.00%,

8/01/2051

320,513

270,908

1.50%,

9/01/2051

323,175

259,139

2.00%,

9/01/2051

319,178

269,780

2.00%,

9/01/2051

22,882

19,341

2.00%,

9/01/2051

520,133

439,633

2.00%,

9/01/2051

367,661

310,759

2.50%,

9/01/2051

419,846

369,469

2.50%,

9/01/2051

181,586

159,798

3.50%,

9/01/2051

120,974

114,150

1.50%,

10/01/2051

187,620

150,444

2.00%,

10/01/2051

59,852

50,589

2.00%,

10/01/2051

208,641

176,351

2.50%,

10/01/2051

364,496

320,760

2.50%,

10/01/2051

647,505

569,811

1.50%,

11/01/2051

139,210

111,627

2.00%,

11/01/2051

407,777

344,666

2.50%,

11/01/2051

91,349

80,388

2.00%,

12/01/2051

139,518

117,925

2.50%,

12/01/2051

223,044

196,281

2.00%,

1/01/2052

554,054

468,304

2.00%,

2/01/2052

307,950

260,289

2.50%,

2/01/2052

184,433

162,303

2.50%,

2/01/2052

211,792

186,379

2.00%,

3/01/2052

618,695

521,121

2.00%,

3/01/2052

169,421

142,702

3.00%,

3/01/2052

927,984

844,222

2.00%,

4/01/2052

168,208

141,680

2.50%,

4/01/2052

188,143

165,568

3.50%,

4/01/2052

94,648

88,990

3.00%,

5/01/2052

73,651

67,003

3.00%,

5/01/2052

141,598

128,817

3.00%,

5/01/2052

678,673

617,415

3.50%,

5/01/2052

819,010

770,052

3.50%,

5/01/2052

167,652

157,630

3.00%,

6/01/2052

178,273

162,182

4.00%,

6/01/2052

23,987

23,187

4.00%,

7/01/2052

97,470

94,221

4.00%,

7/01/2052

247,388

239,143

4.00%,

8/01/2052

72,443

70,029

3.50%,

9/01/2052

83,567

78,572

4.50%,

9/01/2052

413,231

409,024

4.50%,

9/01/2052

263,453

260,771

4.50%,

9/01/2052

96,682

95,697

5.00%,

9/01/2052

24,428

24,637

4.00%,

10/01/2052

490,899

474,538

5.00%,

12/01/2052

24,882

25,095

5.50%,

12/01/2052

24,677

25,219

4.00%,

1/01/2053

274,285

265,144

Federal

Home

Loan

Mortgage

Corporation

Mutifamily

Structured

Pass-Through

Ctfs

.

Series

2014-K038,

Class

A2,

3.39%,

3/25/2024

(d)

194,683

191,398

Series

2015-KS03,

Class

A4,

3.16%,

5/25/2025

(d)

35,000

34,142

Series

2015-K051,

Class

A2,

3.31%,

9/25/2025

(d)

200,000

194,882

59

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

Home

Loan

Mortgage

Corporation

Mutifamily

Structured

Pass-Through

Ctfs.

(continued)

Series

2019-K736,

Class

A2,

2.28%,

7/25/2026

(d)

50,000

47,091

Series

2016-K058,

Class

AM,

2.72%,

8/25/2026

(d)

90,000

85,509

Series

2017-K064,

Class

A2,

3.22%,

3/25/2027

(d)

20,000

19,354

Series

2017-K069,

Class

A2,

3.19%,

9/25/2027

(d)

150,000

144,700

Series

2018-K072,

Class

A1,

3.25%,

11/25/2027

(d)

91,273

88,834

Series

2018-K072,

Class

A2,

3.44%,

12/25/2027

(d)

160,000

155,985

Series

2018-K077,

Class

A1,

3.70%,

3/25/2028

(d)

26,079

25,634

Series

2021-K743,

Class

A2,

1.77%,

5/25/2028

(d)

75,000

67,057

Series

2018-K077,

Class

A2,

3.85%,

5/25/2028

(d)

50,000

49,580

Series

2018-K081,

Class

AM,

3.90%,

8/25/2028

(d)

50,000

49,490

Series

2019-K087,

Class

A2,

3.77%,

12/25/2028

(d)

130,000

128,171

Series

2019-K089,

Class

AM,

3.63%,

1/25/2029

(d)

60,000

58,438

Series

2019-K099,

Class

A2,

2.60%,

9/25/2029

(d)

240,000

220,020

Series

2020-K106,

Class

A1,

1.78%,

10/25/2029

(d)

58,070

52,517

Series

2019-K101,

Class

A2,

2.52%,

10/25/2029

(d)

10,000

9,113

Series

2020-K105,

Class

A2,

1.87%,

1/25/2030

(d)

90,000

78,254

Series

2016-K152,

Class

A1,

2.83%,

5/25/2030

(d)

37,312

35,442

Series

2020-K121,

Class

A2,

1.55%,

10/25/2030

(d)

140,000

116,886

Series

2021-K123,

Class

A2,

1.62%,

12/25/2030

(d)

200,000

167,595

Series

2021-K126,

Class

A2,

2.07%,

1/25/2031

(d)

50,000

43,314

Series

2019-1510,

Class

A2,

3.72%,

1/25/2031

(d)

145,000

141,170

Series

2017-K153,

Class

A3,

3.12%,

10/25/2031

(d)

50,000

46,595

Series

2021-K136,

Class

A2,

2.13%,

11/25/2031

(d)

120,000

103,081

Series

2022-K137,

Class

A2,

2.35%,

11/25/2031

(d)

200,000

174,890

Series

2022-K142,

Class

A2,

2.40%,

3/25/2032

(d)

30,000

26,258

Series

2019-1513,

Class

A3,

2.80%,

8/25/2034

(d)

20,000

17,481

Federal

National

Mortgage

Association

1.75%,

7/02/2024

(d)

25,000

24,043

2.63%,

9/06/2024

(d)

420,000

408,799

1.63%,

1/07/2025

(d)

275,000

261,701

0.63%,

4/22/2025

(d)

30,000

27,741

0.38%,

8/25/2025

(d)

30,000

27,340

0.50%,

11/07/2025

(d)

171,000

155,578

0.64%,

12/30/2025

(d)

200,000

180,076

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

1.88%,

9/24/2026

(d)

140,000

131,142

3.00%,

11/01/2026

(d)

18,372

17,773

3.00%,

12/01/2026

(d)

10,352

10,015

3.00%,

12/01/2026

(d)

37,345

36,127

3.00%,

12/01/2026

(d)

10,475

10,133

3.00%,

6/01/2027

(d)

10,614

10,242

0.75%,

10/08/2027

(a)(d)

100,000

87,427

3.00%,

2/01/2028

(d)

16,287

15,717

2.50%,

6/01/2028

(d)

37,215

35,358

3.00%,

9/01/2028

(d)

66,750

64,619

7.13%,

1/15/2030

(d)

50,000

60,574

3.00%,

7/01/2030

(d)

44,894

43,461

2.00%,

8/01/2030

(d)

43,566

41,326

3.50%,

8/01/2030

(d)

17,015

16,626

0.88%,

8/05/2030

(d)

165,000

135,354

2.00%,

10/01/2030

(d)

9,982

9,469

6.63%,

11/15/2030

(d)

75,000

89,922

2.50%,

3/01/2031

(d)

51,261

48,702

3.50%,

4/01/2031

(d)

62,345

61,465

3.00%,

8/01/2031

(d)

17,026

16,457

2.50%,

10/01/2031

(d)

102,511

97,362

2.00%,

11/01/2031

(d)

28,879

26,974

2.50%,

11/01/2031

(d)

345,645

328,269

3.50%,

11/01/2031

(d)

15,705

15,493

2.50%,

1/01/2032

(d)

69,261

65,779

2.50%,

1/01/2032

(d)

12,899

12,250

3.00%,

1/01/2032

(d)

181,979

175,903

3.50%,

1/01/2032

(d)

14,694

14,406

3.00%,

2/01/2032

(d)

17,735

17,143

3.50%,

4/01/2032

(d)

16,463

16,207

3.00%,

8/01/2032

(d)

72,660

69,900

3.50%,

8/01/2032

(d)

65,960

64,952

3.00%,

9/01/2032

(d)

26,067

25,077

2.50%,

1/01/2033

(d)

22,306

21,185

3.00%,

2/01/2033

(d)

120,458

116,441

3.00%,

2/01/2033

(d)

38,161

36,889

3.50%,

5/01/2033

(d)

25,750

25,351

2.50%,

7/01/2033

(d)

25,302

24,030

4.00%,

4/01/2034

(d)

11,161

11,205

2.50%,

8/01/2034

(d)

46,913

44,142

3.50%,

9/01/2034

(d)

21,723

21,167

4.00%,

10/01/2034

(d)

52,212

51,877

3.00%,

1/01/2035

(d)

44,578

42,957

3.00%,

2/01/2035

(d)

7,551

7,277

2.50%,

3/01/2035

(d)

179,004

168,432

3.50%,

3/01/2035

(d)

9,015

8,876

4.00%,

3/01/2035

(d)

34,115

34,089

2.00%,

7/01/2035

(d)

25,979

23,689

2.50%,

7/01/2035

(d)

107,902

101,430

2.50%,

7/01/2035

(d)

23,915

22,480

2.00%,

8/01/2035

(d)

52,038

47,450

2.00%,

9/01/2035

(d)

97,360

88,776

2.50%,

9/01/2035

(d)

46,452

43,666

2.50%,

9/01/2035

(d)

90,884

85,432

3.00%,

9/01/2035

(d)

23,448

22,591

1.50%,

10/01/2035

(d)

254,617

226,654

2.00%,

10/01/2035

(d)

189,439

172,738

2.00%,

10/01/2035

(d)

34,681

31,624

2.00%,

10/01/2035

(d)

15,727

14,341

2.00%,

10/01/2035

(d)

289,450

263,931

60

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

5.50%,

10/01/2035

(d)

12,855

13,418

1.50%,

11/01/2035

(d)

16,763

14,922

2.00%,

11/01/2035

(d)

157,931

144,007

2.50%,

11/01/2035

(d)

41,057

38,595

2.00%,

12/01/2035

(d)

97,790

89,169

2.00%,

12/01/2035

(d)

31,625

28,837

2.50%,

1/01/2036

(d)

74,060

69,617

2.00%,

2/01/2036

(d)

75,742

69,065

2.50%,

2/01/2036

(d)

46,135

43,367

2.00%,

3/01/2036

(d)

143,415

130,771

1.50%,

4/01/2036

(d)

20,488

18,209

2.50%,

4/01/2036

(d)

18,694

17,761

3.00%,

4/01/2036

(d)

69,807

66,147

1.50%,

5/01/2036

(d)

40,749

36,216

1.50%,

5/01/2036

(d)

161,745

143,753

2.00%,

5/01/2036

(d)

39,494

36,000

2.00%,

5/01/2036

(d)

73,725

67,201

1.50%,

6/01/2036

(d)

163,214

145,290

2.00%,

6/01/2036

(d)

333,143

303,664

2.00%,

6/01/2036

(d)

240,866

219,552

1.50%,

7/01/2036

(d)

102,304

90,924

2.00%,

7/01/2036

(d)

280,398

255,586

2.00%,

8/01/2036

(d)

452,068

412,065

1.50%,

9/01/2036

(d)

280,587

249,376

2.00%,

9/01/2036

(d)

84,924

77,409

1.50%,

10/01/2036

(d)

44,427

39,485

1.50%,

10/01/2036

(d)

43,896

39,013

2.00%,

10/01/2036

(d)

128,805

117,407

1.50%,

11/01/2036

(d)

66,730

59,307

2.00%,

11/01/2036

(d)

160,782

146,554

2.00%,

12/01/2036

(d)

89,853

81,902

3.50%,

12/01/2036

(d)

58,343

57,042

2.50%,

1/01/2037

(d)

255,906

239,881

3.50%,

1/01/2037

(d)

16,456

16,013

2.00%,

2/01/2037

(d)

248,448

226,463

2.50%,

2/01/2037

(d)

16,059

14,916

1.50%,

3/01/2037

(d)

161,208

142,965

2.00%,

3/01/2037

(d)

97,905

89,242

2.50%,

3/01/2037

(d)

90,040

84,315

2.00%,

4/01/2037

(d)

125,421

114,113

2.00%,

4/01/2037

(d)

23,239

21,143

2.50%,

4/01/2037

(d)

92,407

86,530

2.50%,

5/01/2037

(d)

115,895

108,525

3.00%,

5/01/2037

(d)

22,876

21,931

3.50%,

5/01/2037

(d)

110,954

108,721

3.50%,

9/01/2037

(d)

23,550

22,973

3.50%,

11/01/2037

(d)

87,312

84,930

4.00%,

11/01/2037

(d)

97,013

96,422

4.50%,

11/01/2037

(d)

48,117

48,519

3.00%,

12/01/2037

(d)

42,487

40,231

2.00%,

1/15/2038

(d)(e)

50,000

45,464

2.50%,

1/15/2038

(d)(e)

100,000

93,548

1.50%,

2/15/2038

(d)(e)

75,000

66,529

2.00%,

2/15/2038

(d)(e)

25,000

22,744

3.00%,

2/15/2038

(d)(e)

325,000

311,608

2.50%,

3/01/2038

(d)

18,701

17,371

3.00%,

5/01/2038

(d)

33,250

31,485

3.50%,

6/01/2039

(d)

64,104

61,869

4.50%,

6/01/2039

(d)

20,970

21,301

4.00%,

11/01/2039

(d)

15,423

15,276

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

4.50%,

2/01/2040

(d)

23,017

23,381

6.00%,

4/01/2040

(d)

31,327

33,321

2.50%,

5/01/2040

(d)

8,977

8,085

2.00%,

8/01/2040

(d)

34,521

30,076

2.50%,

8/01/2040

(d)

40,160

36,166

2.00%,

9/01/2040

(d)

59,132

51,518

4.00%,

10/01/2040

(d)

151,396

150,419

2.00%,

11/01/2040

(d)

170,902

148,897

2.00%,

1/01/2041

(d)

145,538

126,799

4.50%,

2/01/2041

(d)

26,792

27,256

4.50%,

4/01/2041

(d)

143,714

146,012

1.50%,

5/01/2041

(d)

69,351

56,757

2.00%,

5/01/2041

(d)

232,988

202,747

1.50%,

6/01/2041

(d)

21,845

17,878

1.50%,

7/01/2041

(d)

65,563

53,658

2.00%,

7/01/2041

(d)

193,447

168,338

5.50%,

7/01/2041

(d)

15,685

16,329

2.00%,

8/01/2041

(d)

129,980

113,109

1.50%,

9/01/2041

(d)

45,319

37,089

2.50%,

10/01/2041

(d)

87,445

78,854

2.50%,

11/01/2041

(d)

177,241

159,826

2.00%,

12/01/2041

(d)

99,376

86,477

3.50%,

12/01/2041

(d)

22,497

21,731

1.50%,

1/01/2042

(d)

185,326

151,673

2.50%,

2/01/2042

(d)

69,334

62,522

2.50%,

4/01/2042

(d)

47,482

42,723

3.00%,

4/01/2042

(d)

14,050

13,170

3.50%,

4/01/2042

(d)

58,406

56,462

5.00%,

4/01/2042

(d)

39,861

41,188

2.00%,

5/01/2042

(d)

81,262

70,732

3.00%,

5/01/2042

(d)

181,377

168,141

4.50%,

5/01/2042

(d)

62,688

63,772

3.50%,

6/01/2042

(d)

17,972

17,374

3.50%,

7/01/2042

(d)

72,337

69,050

4.00%,

7/01/2042

(d)

27,347

27,145

4.50%,

9/01/2042

(d)

23,821

23,804

2.50%,

10/01/2042

(d)

60,551

54,917

3.00%,

4/01/2043

(d)

28,768

26,959

3.00%,

4/01/2043

(d)

163,974

153,660

3.50%,

6/01/2043

(d)

108,121

104,521

4.00%,

10/01/2043

(d)

221,737

220,103

5.50%,

5/01/2044

(d)

122,746

128,340

4.00%,

9/01/2044

(d)

28,069

27,839

3.00%,

10/01/2044

(d)

129,216

121,089

4.00%,

11/01/2044

(d)

26,959

26,738

4.00%,

1/01/2045

(d)

87,938

87,331

4.00%,

2/01/2045

(d)

59,627

59,188

3.00%,

4/01/2045

(d)

51,216

47,995

3.50%,

4/01/2045

(d)

14,965

14,350

3.50%,

5/01/2045

(d)

19,783

18,969

3.50%,

6/01/2045

(d)

278,026

268,657

3.50%,

8/01/2045

(d)

93,212

89,379

3.50%,

11/01/2045

(d)

25,895

24,830

3.50%,

12/01/2045

(d)

191,276

183,410

3.50%,

1/01/2046

(d)

357,708

342,999

4.00%,

1/01/2046

(d)

57,818

57,329

3.50%,

2/01/2046

(d)

101,915

97,724

3.50%,

2/01/2046

(d)

46,245

44,378

4.50%,

6/01/2046

(d)

32,414

33,087

3.00%,

9/01/2046

(d)

72,635

67,590

61

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

3.50%,

9/01/2046

(d)

87,349

83,757

4.50%,

9/01/2046

(d)

104,770

106,582

3.00%,

10/01/2046

(d)

183,363

170,626

3.00%,

10/01/2046

(d)

79,470

73,950

3.00%,

11/01/2046

(d)

52,750

49,086

3.00%,

11/01/2046

(d)

138,780

129,140

3.00%,

11/01/2046

(d)

404,619

376,514

4.00%,

11/01/2046

(d)

116,220

114,930

3.50%,

1/01/2047

(d)

62,694

60,164

3.00%,

2/01/2047

(d)

217,359

203,687

3.50%,

2/01/2047

(d)

57,931

55,593

4.00%,

2/01/2047

(d)

199,449

197,763

3.00%,

3/01/2047

(d)

524,992

488,526

3.50%,

4/01/2047

(d)

18,986

18,180

4.00%,

5/01/2047

(d)

42,660

42,062

4.50%,

5/01/2047

(d)

55,366

56,622

4.00%,

6/01/2047

(d)

328,674

325,025

3.50%,

7/01/2047

(d)

163,525

158,080

3.00%,

8/01/2047

(d)

83,828

78,006

3.50%,

8/01/2047

(d)

74,872

71,694

3.50%,

10/01/2047

(d)

228,111

218,428

3.50%,

10/01/2047

(d)

23,439

22,444

4.00%,

10/01/2047

(d)

65,713

64,792

3.50%,

11/01/2047

(d)

247,968

237,441

3.50%,

12/01/2047

(d)

54,232

51,930

3.50%,

1/01/2048

(d)

85,065

81,454

3.50%,

2/01/2048

(d)

447,651

428,649

3.50%,

2/01/2048

(d)

43,973

42,106

4.00%,

2/01/2048

(d)

52,351

51,617

3.50%,

3/01/2048

(d)

194,581

186,053

3.00%,

4/01/2048

(d)

182,048

170,598

3.50%,

4/01/2048

(d)

145,253

139,390

4.50%,

4/01/2048

(d)

11,701

11,810

4.50%,

8/01/2048

(d)

26,551

26,798

4.50%,

8/01/2048

(d)

203,086

206,268

3.00%,

9/01/2048

(d)

425,210

395,675

3.50%,

10/01/2048

(d)

166,545

159,475

4.50%,

10/01/2048

(d)

26,150

26,393

3.00%,

11/01/2048

(d)

146,601

136,418

4.00%,

11/01/2048

(d)

66,342

65,412

4.00%,

11/01/2048

(d)

29,030

28,552

4.00%,

2/01/2049

(d)

18,787

18,478

4.00%,

3/01/2049

(d)

129,962

127,826

3.50%,

4/01/2049

(d)

43,089

41,066

4.50%,

4/01/2049

(d)

50,315

50,783

4.00%,

5/01/2049

(d)

56,408

55,480

4.50%,

5/01/2049

(d)

20,181

20,369

4.50%,

5/01/2049

(d)

8,494

8,565

3.50%,

6/01/2049

(d)

315,680

300,860

4.00%,

6/01/2049

(d)

61,967

61,098

4.00%,

6/01/2049

(d)

155,481

153,301

4.00%,

6/01/2049

(d)

584,941

576,741

3.50%,

7/01/2049

(d)

43,180

41,153

4.00%,

7/01/2049

(d)

95,974

94,316

5.00%,

7/01/2049

(d)

10,602

10,859

3.50%,

8/01/2049

(d)

122,616

116,860

3.50%,

8/01/2049

(d)

215,058

204,962

4.50%,

8/01/2049

(d)

132,657

134,210

3.00%,

9/01/2049

(d)

36,925

34,027

3.50%,

9/01/2049

(d)

38,397

36,594

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

3.50%,

9/01/2049

(d)

73,868

70,400

4.00%,

9/01/2049

(d)

149,231

146,653

4.00%,

9/01/2049

(d)

89,062

88,309

4.50%,

9/01/2049

(d)

14,844

14,983

5.00%,

9/01/2049

(d)

215,057

221,475

5.00%,

9/01/2049

(d)

64,604

66,171

3.00%,

10/01/2049

(d)

109,709

101,098

2.50%,

11/01/2049

(d)

220,414

195,462

2.50%,

11/01/2049

(d)

151,635

134,470

3.00%,

11/01/2049

(d)

109,048

100,489

3.00%,

11/01/2049

(d)

140,930

129,868

4.50%,

11/01/2049

(d)

7,057

7,116

5.00%,

11/01/2049

(d)

172,760

176,911

3.00%,

12/01/2049

(d)

66,435

61,220

3.50%,

12/01/2049

(d)

57,640

54,934

3.50%,

1/01/2050

(d)

40,947

39,025

3.00%,

2/01/2050

(d)

108,832

100,290

3.00%,

2/01/2050

(d)

53,775

49,554

3.00%,

2/01/2050

(d)

89,330

82,319

3.00%,

3/01/2050

(d)

56,193

51,701

4.00%,

3/01/2050

(d)

339,176

333,601

4.50%,

3/01/2050

(d)

69,337

69,982

5.00%,

3/01/2050

(d)

93,966

96,092

2.50%,

4/01/2050

(d)

270,172

238,965

3.00%,

4/01/2050

(d)

54,945

50,552

4.00%,

4/01/2050

(d)

98,597

96,894

3.50%,

5/01/2050

(d)

14,907

14,211

3.50%,

5/01/2050

(d)

182,768

174,241

2.50%,

6/01/2050

(d)

206,276

182,449

4.00%,

6/01/2050

(d)

22,957

22,561

4.00%,

6/01/2050

(d)

42,758

41,917

2.50%,

7/01/2050

(d)

88,273

78,077

3.00%,

7/01/2050

(d)

55,287

50,867

3.00%,

7/01/2050

(d)

29,404

27,053

3.00%,

7/01/2050

(d)

132,460

121,869

3.00%,

7/01/2050

(d)

61,689

56,757

3.50%,

7/01/2050

(d)

503,793

483,077

3.50%,

7/01/2050

(d)

24,928

23,765

4.00%,

7/01/2050

(d)

165,076

161,831

2.50%,

8/01/2050

(d)

84,551

74,784

2.50%,

8/01/2050

(d)

174,334

154,197

2.00%,

9/01/2050

(d)

47,227

40,052

2.00%,

9/01/2050

(d)

39,037

33,106

2.00%,

9/01/2050

(d)

403,149

341,899

2.00%,

9/01/2050

(d)

400,602

339,738

2.00%,

9/01/2050

(d)

31,849

27,010

2.00%,

9/01/2050

(d)

321,598

272,738

2.50%,

9/01/2050

(d)

71,877

63,575

3.00%,

9/01/2050

(d)

192,413

177,030

3.00%,

9/01/2050

(d)

42,076

38,774

3.00%,

9/01/2050

(d)

699,194

643,293

4.50%,

9/01/2050

(d)

206,190

208,110

2.00%,

10/01/2050

(d)

78,284

66,390

2.00%,

10/01/2050

(d)

246,954

209,435

3.00%,

10/01/2050

(d)

87,009

80,180

1.50%,

11/01/2050

(d)

126,124

101,116

2.00%,

11/01/2050

(d)

667,929

566,451

2.00%,

11/01/2050

(d)

140,660

119,289

2.00%,

11/01/2050

(d)

770,865

653,747

2.50%,

11/01/2050

(d)

212,020

187,530

62

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

3.50%,

11/01/2050

(d)

215,437

205,386

1.50%,

12/01/2050

(d)

115,943

92,953

2.00%,

12/01/2050

(d)

159,546

135,306

2.00%,

12/01/2050

(d)

746,467

633,056

2.00%,

12/01/2050

(d)

255,840

216,971

2.00%,

12/01/2050

(d)

122,653

104,018

2.00%,

12/01/2050

(d)

553,259

469,203

2.00%,

12/01/2050

(d)

459,385

389,590

2.00%,

12/01/2050

(d)

233,735

198,224

2.50%,

12/01/2050

(d)

262,198

231,912

3.00%,

12/01/2050

(d)

298,479

275,052

1.50%,

1/01/2051

(d)

86,012

68,957

2.00%,

1/01/2051

(d)

166,260

141,000

2.00%,

1/01/2051

(d)

1,333,742

1,131,107

2.00%,

1/01/2051

(d)

488,349

414,154

2.00%,

1/01/2051

(d)

753,539

639,054

2.00%,

1/01/2051

(d)

190,318

161,403

2.50%,

1/01/2051

(d)

187,421

165,773

3.00%,

1/01/2051

(d)

57,819

53,197

1.50%,

2/01/2051

(d)

84,620

67,842

2.00%,

2/01/2051

(d)

489,117

414,806

2.00%,

2/01/2051

(d)

235,328

199,575

2.50%,

2/01/2051

(d)

342,097

302,582

2.50%,

2/01/2051

(d)

439,462

388,700

2.50%,

2/01/2051

(d)

232,038

205,236

2.50%,

2/01/2051

(d)

146,172

129,288

2.50%,

2/01/2051

(d)

18,776

16,607

1.50%,

3/01/2051

(d)

64,864

52,012

2.00%,

3/01/2051

(d)

166,250

140,520

2.50%,

3/01/2051

(d)

312,331

276,254

2.00%,

4/01/2051

(d)

91,912

77,687

2.00%,

4/01/2051

(d)

174,042

147,106

2.00%,

4/01/2051

(d)

129,815

109,724

2.00%,

4/01/2051

(d)

597,525

505,047

2.50%,

4/01/2051

(d)

237,972

210,484

2.00%,

5/01/2051

(d)

326,458

275,933

2.00%,

5/01/2051

(d)

228,984

193,545

2.50%,

5/01/2051

(d)

182,128

161,091

2.50%,

5/01/2051

(d)

689,984

607,193

3.00%,

5/01/2051

(d)

112,304

102,625

1.50%,

6/01/2051

(d)

180,803

144,978

1.50%,

6/01/2051

(d)

22,534

18,069

2.50%,

6/01/2051

(d)

127,137

111,882

3.00%,

6/01/2051

(d)

151,428

138,377

2.00%,

7/01/2051

(d)

513,589

434,102

2.00%,

7/01/2051

(d)

123,085

104,385

2.00%,

7/01/2051

(d)

268,308

226,783

2.00%,

7/01/2051

(d)

660,371

558,167

2.00%,

7/01/2051

(d)

189,496

160,168

2.50%,

7/01/2051

(d)

87,756

77,226

2.50%,

7/01/2051

(d)

272,046

239,403

1.50%,

8/01/2051

(d)

92,437

74,121

2.00%,

8/01/2051

(d)

637,944

539,211

2.00%,

8/01/2051

(d)

320,435

270,842

2.00%,

8/01/2051

(d)

255,991

216,371

2.50%,

8/01/2051

(d)

300,188

264,169

2.50%,

8/01/2051

(d)

446,912

393,287

2.50%,

8/01/2051

(d)

141,311

124,355

1.50%,

9/01/2051

(d)

116,667

93,550

2.00%,

9/01/2051

(d)

361,446

305,506

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

2.00%,

9/01/2051

(d)

571,578

483,117

2.00%,

9/01/2051

(d)

556,167

470,090

2.50%,

9/01/2051

(d)

415,621

365,751

2.50%,

9/01/2051

(d)

658,986

579,915

2.50%,

9/01/2051

(d)

90,730

79,843

1.50%,

10/01/2051

(d)

209,667

168,122

2.00%,

10/01/2051

(d)

370,740

313,362

2.00%,

10/01/2051

(d)

206,507

174,546

2.00%,

10/01/2051

(d)

183,093

154,757

2.00%,

10/01/2051

(d)

117,184

99,048

2.00%,

10/01/2051

(d)

736,205

622,264

2.50%,

10/01/2051

(d)

458,708

403,668

2.50%,

10/01/2051

(d)

931,659

819,870

2.50%,

11/01/2051

(d)

282,225

248,361

2.00%,

12/01/2051

(d)

490,430

414,527

2.00%,

12/01/2051

(d)

328,452

277,618

2.50%,

12/01/2051

(d)

1,091,681

960,691

2.50%,

12/01/2051

(d)

560,436

493,190

2.50%,

12/01/2051

(d)

92,703

81,579

3.00%,

12/01/2051

(d)

228,791

210,498

2.00%,

1/01/2052

(d)

668,354

564,915

2.50%,

1/01/2052

(d)

448,803

394,951

2.50%,

1/01/2052

(d)

255,713

225,030

2.50%,

1/01/2052

(d)

468,667

412,432

2.50%,

1/01/2052

(d)

417,011

366,974

3.50%,

1/01/2052

(d)

77,494

73,122

2.00%,

2/01/2052

(d)

258,790

218,737

2.50%,

2/01/2052

(d)

92,404

81,316

2.50%,

3/01/2052

(d)

165,688

145,260

3.00%,

3/01/2052

(d)

388,207

354,748

3.00%,

3/01/2052

(d)

353,420

322,960

3.00%,

3/01/2052

(d)

190,208

173,039

1.50%,

4/01/2052

(d)

144,586

115,937

2.50%,

4/01/2052

(d)

901,864

790,672

3.00%,

4/01/2052

(d)

262,693

238,982

3.50%,

4/01/2052

(d)

47,985

45,116

3.50%,

4/01/2052

(d)

127,541

119,917

3.50%,

5/01/2052

(d)

48,310

45,422

3.50%,

5/01/2052

(d)

196,727

184,967

3.50%,

5/01/2052

(d)

100,783

94,758

4.00%,

5/01/2052

(d)

195,611

189,092

2.00%,

6/01/2052

(d)

653,193

552,100

3.50%,

6/01/2052

(d)

216,739

203,783

3.50%,

6/01/2052

(d)

146,161

137,424

4.00%,

7/01/2052

(d)

121,725

117,668

4.50%,

7/01/2052

(d)

71,660

70,931

2.50%,

8/01/2052

(d)

73,101

64,088

5.00%,

8/01/2052

(d)

48,566

48,981

5.00%,

8/01/2052

(d)

24,082

24,288

4.00%,

9/01/2052

(d)

97,830

94,569

5.00%,

9/01/2052

(d)

48,614

49,030

5.00%,

9/01/2052

(d)

116,089

117,082

5.00%,

10/01/2052

(d)

97,672

98,508

5.50%,

10/01/2052

(d)

96,397

98,516

4.50%,

11/01/2052

(d)

147,570

146,068

5.50%,

11/01/2052

(d)

196,004

200,313

4.50%,

12/01/2052

(d)

49,526

49,022

2.00%,

1/15/2053

(d)(e)

150,000

126,275

2.50%,

1/15/2053

(d)(e)

75,000

65,657

3.00%,

1/15/2053

(d)(e)

100,000

90,775

63

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Federal

National

Mortgage

Association

(continued)

1.50%,

2/15/2053

(d)(e)

25,000

19,985

2.00%,

2/15/2053

(d)(e)

75,000

63,161

3.50%,

2/15/2053

(d)(e)

50,000

46,925

4.00%,

2/15/2053

(d)(e)

625,000

603,247

4.50%,

2/15/2053

(d)(e)

1,500,000

1,481,301

5.00%,

2/15/2053

(d)(e)

1,300,000

1,304,732

5.50%,

2/15/2053

(d)(e)

575,000

584,102

6.00%,

2/15/2053

(d)(e)

300,000

308,136

4.50%,

3/15/2053

(d)(e)

50,000

49,363

5.00%,

3/15/2053

(d)(e)

100,000

100,304

5.50%,

3/15/2053

(d)(e)

200,000

202,998

6.00%,

3/15/2053

(d)(e)

400,000

410,084

Federal

National

Mortgage

Association

REMICs

Series

2017-M13,

Class

A2,

2.93%,

9/25/2027

(d)

229,437

219,460

Series

2022-M11,

Class

A2,

2.96%,

10/25/2027

(d)

200,000

191,447

Series

2018-M1,

Class

A2,

2.99%,

12/25/2027

(d)

35,661

34,186

Series

2019-M1,

Class

A2,

3.55%,

9/25/2028

(d)

22,464

21,965

Series

2019-M5,

Class

A2,

3.27%,

2/25/2029

(d)

39,458

38,033

Series

2019-M7,

Class

A2,

3.14%,

4/25/2029

(d)

16,971

16,113

Series

2019-M12,

Class

A2,

2.89%,

6/25/2029

(d)

100,000

93,409

Series

2019-M22,

Class

A2,

2.52%,

8/25/2029

(d)

35,858

32,758

Series

2020-M20,

Class

A2,

1.44%,

10/25/2029

(d)

200,000

169,091

Series

2020-M1,

Class

A1,

2.15%,

10/25/2029

(d)

22,427

21,126

Series

2020-M1,

Class

A2,

2.44%,

10/25/2029

(d)

200,000

180,796

Series

2018-M13,

Class

A2,

3.74%,

9/25/2030

(d)

8,132

7,980

Series

2021-M1G,

Class

A2,

1.47%,

11/25/2030

(d)

60,000

49,517

Series

2021-M13,

Class

2A1,

1.49%,

11/25/2032

(d)

86,150

79,548

Government

National

Mortgage

Association

4.50%,

9/20/2052

24,771

24,590

2.00%,

2/15/2053

(e)

25,000

21,620

3.00%,

2/15/2053

(e)

500,000

459,559

3.50%,

2/15/2053

(e)

50,000

47,318

4.00%,

2/15/2053

(e)

650,000

631,616

4.50%,

2/15/2053

(e)

575,000

570,885

Government

National

Mortgage

Association

II

3.50%,

10/20/2026

17,128

16,684

2.50%,

12/20/2037

44,776

41,901

5.00%,

9/20/2039

69,313

71,762

4.50%,

2/20/2040

29,577

30,251

4.00%,

10/20/2040

19,413

19,450

5.00%,

10/20/2040

24,002

24,862

4.00%,

11/20/2040

51,508

51,606

4.50%,

1/20/2041

13,536

13,844

4.50%,

9/20/2041

25,930

26,516

4.00%,

11/20/2041

17,877

17,909

3.00%,

6/20/2042

21,174

19,861

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Government

National

Mortgage

Association

II

(continued)

3.00%,

8/20/2042

51,477

48,285

2.50%,

2/20/2043

250,674

225,963

3.50%,

2/20/2043

41,667

40,410

3.50%,

3/20/2043

31,542

30,571

3.00%,

4/20/2043

66,137

61,969

3.50%,

7/20/2043

83,899

81,317

3.50%,

9/20/2044

184,635

178,836

4.00%,

11/20/2044

212,230

211,351

4.50%,

1/20/2045

26,372

26,887

3.50%,

2/20/2045

32,879

31,846

3.50%,

6/20/2045

247,507

239,603

3.00%,

8/20/2045

289,946

271,040

3.50%,

11/20/2045

34,814

33,703

3.50%,

12/20/2045

43,815

42,416

3.50%,

3/20/2046

229,571

222,240

4.00%,

3/20/2046

32,107

31,701

3.00%,

4/20/2046

41,009

38,338

3.00%,

6/20/2046

151,707

141,828

3.50%,

6/20/2046

82,081

79,227

4.00%,

6/20/2046

43,087

42,511

3.00%,

9/20/2046

198,667

185,730

2.50%,

10/20/2046

9,174

8,315

3.00%,

10/20/2046

37,607

35,158

3.00%,

11/20/2046

38,676

36,158

3.50%,

11/20/2046

87,308

84,272

2.50%,

12/20/2046

153,454

139,081

3.00%,

1/20/2047

86,084

80,478

4.00%,

1/20/2047

106,805

105,376

3.00%,

2/20/2047

389,799

364,416

3.50%,

2/20/2047

336,678

324,971

4.00%,

2/20/2047

71,851

70,890

3.00%,

5/20/2047

72,385

67,650

3.50%,

5/20/2047

119,615

115,058

4.00%,

8/20/2047

187,871

185,342

4.50%,

9/20/2047

33,102

33,292

3.00%,

10/20/2047

10,740

10,038

3.50%,

1/20/2048

184,860

177,818

3.50%,

2/20/2048

159,657

153,575

4.50%,

3/20/2048

180,906

181,944

4.00%,

4/20/2048

225,910

222,788

3.50%,

5/20/2048

148,601

142,941

4.50%,

5/20/2048

68,659

69,054

4.50%,

6/20/2048

91,247

91,775

5.00%,

6/20/2048

77,608

79,267

4.00%,

7/20/2048

12,659

12,484

4.00%,

9/20/2048

13,172

12,990

3.50%,

10/20/2048

34,227

32,903

4.00%,

11/20/2048

38,495

37,963

4.50%,

11/20/2048

96,764

97,324

5.00%,

12/20/2048

42,675

43,594

3.50%,

1/20/2049

107,109

103,029

4.50%,

1/20/2049

24,442

24,584

4.00%,

2/20/2049

19,633

19,362

3.50%,

3/20/2049

22,975

22,086

3.00%,

8/20/2049

35,383

32,883

3.00%,

10/20/2049

180,063

167,344

2.50%,

12/20/2049

84,208

75,739

3.50%,

12/20/2049

47,057

45,043

3.00%,

1/20/2050

239,952

223,004

3.00%,

2/20/2050

226,043

210,077

64

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Government

National

Mortgage

Association

II

(continued)

3.50%,

4/20/2050

14,701

14,072

4.00%,

5/20/2050

14,574

14,356

5.00%,

5/20/2050

33,002

33,715

2.50%,

6/20/2050

232,560

209,214

2.50%,

7/20/2050

481,156

432,853

3.00%,

7/20/2050

109,521

101,489

3.50%,

7/20/2050

262,405

251,177

2.00%,

8/20/2050

282,445

245,860

3.00%,

8/20/2050

32,464

30,083

4.00%,

8/20/2050

87,770

86,456

4.50%,

8/20/2050

20,492

20,610

2.50%,

9/20/2050

573,577

515,996

4.50%,

9/20/2050

17,200

17,300

2.50%,

10/20/2050

131,948

118,702

2.00%,

11/20/2050

642,997

559,710

3.00%,

11/20/2050

37,907

35,127

2.00%,

12/20/2050

347,070

302,114

2.50%,

12/20/2050

309,997

278,876

3.50%,

12/20/2050

12,433

11,867

2.00%,

1/20/2051

539,430

469,558

2.50%,

1/20/2051

382,009

343,659

3.00%,

1/20/2051

410,874

380,740

1.50%,

2/20/2051

81,363

66,432

2.50%,

2/20/2051

247,707

221,686

3.00%,

2/20/2051

201,685

186,893

2.00%,

3/20/2051

590,085

512,348

2.50%,

3/20/2051

361,701

323,706

4.00%,

3/20/2051

53,986

53,177

2.00%,

4/20/2051

704,387

611,592

2.50%,

4/20/2051

328,907

294,356

3.50%,

4/20/2051

105,010

100,229

2.00%,

5/20/2051

369,231

320,589

2.50%,

5/20/2051

392,206

351,007

2.50%,

6/20/2051

94,308

84,401

2.00%,

7/20/2051

386,441

335,532

2.50%,

7/20/2051

871,335

779,805

3.50%,

7/20/2051

96,819

92,412

2.50%,

8/20/2051

324,258

290,196

2.00%,

9/20/2051

487,870

423,598

2.50%,

9/20/2051

30,840

27,600

2.00%,

10/20/2051

384,964

334,250

2.50%,

10/20/2051

403,242

360,883

3.50%,

10/20/2051

87,483

83,078

2.00%,

11/20/2051

805,054

698,997

3.00%,

11/20/2051

187,378

172,840

2.00%,

12/20/2051

278,448

241,765

2.50%,

12/20/2051

256,932

229,943

3.00%,

12/20/2051

195,651

180,471

2.00%,

1/20/2052

351,478

305,175

2.50%,

1/20/2052

232,963

208,491

3.00%,

1/20/2052

667,378

615,598

3.50%,

1/20/2052

93,643

88,927

2.00%,

2/20/2052

94,506

81,646

2.50%,

2/20/2052

211,828

189,576

3.50%,

2/20/2052

80,516

76,462

2.00%,

3/20/2052

238,935

206,421

2.50%,

3/20/2052

545,352

486,285

2.00%,

4/20/2052

95,652

82,636

3.50%,

4/20/2052

242,017

229,038

3.50%,

5/20/2052

48,581

45,976

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.9%

(continued)

Government

National

Mortgage

Association

II

(continued)

3.00%,

6/20/2052

582,705

535,740

4.00%,

6/20/2052

73,389

71,334

3.50%,

7/20/2052

367,803

348,079

4.50%,

7/20/2052

442,754

439,517

3.00%,

8/20/2052

24,344

22,382

4.00%,

8/20/2052

296,154

287,861

4.50%,

8/20/2052

49,420

49,059

3.50%,

9/20/2052

173,149

163,864

4.00%,

9/20/2052

222,914

216,672

5.00%,

2/15/2053

(e)

625,000

629,119

5.50%,

2/15/2053

(e)

300,000

304,869

6.00%,

2/15/2053

(e)

50,000

51,244

5.00%,

3/15/2053

(e)

75,000

75,442

5.50%,

3/15/2053

(e)

100,000

101,524

6.00%,

3/15/2053

(e)

175,000

179,013

Tennessee

Valley

Authority

Series

B,

4.70%,

7/15/2033

157,000

163,955

5.25%,

9/15/2039

145,000

157,777

4.25%,

9/15/2065

150,000

138,688

Total

U.S.

Government

Agencies

(cost

$139,887,783)

130,860,642

U.S.

Treasury

Government

Securities

–

40.4%

U.S.

Treasury

Bonds

5.25%,

2/15/2029

40,000

43,416

6.25%,

5/15/2030

20,000

23,403

4.50%,

2/15/2036

(a)

225,000

250,066

4.75%,

2/15/2037

300,000

342,328

5.00%,

5/15/2037

(a)

65,000

75,766

4.38%,

2/15/2038

355,000

389,446

3.50%,

2/15/2039

100,000

98,922

4.38%,

11/15/2039

110,000

120,708

4.63%,

2/15/2040

35,000

39,594

1.13%,

5/15/2040

1,445,000

962,957

4.38%,

5/15/2040

60,000

65,737

1.13%,

8/15/2040

1,005,000

666,127

3.88%,

8/15/2040

50,000

51,484

1.38%,

11/15/2040

930,000

643,008

4.25%,

11/15/2040

74,000

79,816

1.88%,

2/15/2041

1,085,000

814,937

4.75%,

2/15/2041

190,000

218,114

2.25%,

5/15/2041

815,000

649,708

4.38%,

5/15/2041

255,000

279,504

1.75%,

8/15/2041

1,620,000

1,179,309

3.75%,

8/15/2041

130,000

130,752

2.00%,

11/15/2041

1,415,000

1,074,737

3.13%,

11/15/2041

225,000

206,191

2.38%,

2/15/2042

935,000

756,035

3.13%,

2/15/2042

355,000

324,270

3.00%,

5/15/2042

625,000

558,496

3.25%,

5/15/2042

825,000

765,187

2.75%,

8/15/2042

612,000

523,834

3.38%,

8/15/2042

585,000

552,916

2.75%,

11/15/2042

947,000

808,797

4.00%,

11/15/2042

(a)

245,000

253,154

3.13%,

2/15/2043

420,000

380,822

2.88%,

5/15/2043

1,075,000

935,418

3.63%,

8/15/2043

100,000

97,812

3.75%,

11/15/2043

300,000

298,500

3.63%,

2/15/2044

150,000

146,344

65

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.4%

(continued)

U.S.

Treasury

Bonds

(continued)

3.38%,

5/15/2044

85,000

79,767

3.13%,

8/15/2044

170,000

153,186

3.00%,

11/15/2044

360,000

317,475

2.50%,

2/15/2045

180,000

145,125

3.00%,

5/15/2045

190,000

167,230

2.88%,

8/15/2045

85,000

73,193

2.50%,

2/15/2046

150,000

120,516

2.50%,

5/15/2046

155,000

124,509

2.25%,

8/15/2046

275,000

209,988

2.88%,

11/15/2046

1,060,000

912,594

3.00%,

2/15/2047

265,000

233,241

3.00%,

5/15/2047

400,000

351,937

2.75%,

8/15/2047

1,165,000

978,782

2.75%,

11/15/2047

925,000

777,434

3.00%,

2/15/2048

1,391,000

1,226,253

3.13%,

5/15/2048

610,000

550,620

3.00%,

8/15/2048

375,000

330,645

3.38%,

11/15/2048

745,000

704,141

3.00%,

2/15/2049

665,000

588,213

2.88%,

5/15/2049

525,000

453,387

2.25%,

8/15/2049

615,000

466,151

2.38%,

11/15/2049

355,000

276,123

2.00%,

2/15/2050

735,000

525,066

1.25%,

5/15/2050

1,213,000

713,017

1.38%,

8/15/2050

1,295,000

785,094

1.63%,

11/15/2050

1,565,000

1,012,848

1.88%,

2/15/2051

1,415,000

975,245

2.38%,

5/15/2051

1,135,000

879,448

2.00%,

8/15/2051

1,150,000

815,422

1.88%,

11/15/2051

2,305,000

1,582,166

2.25%,

2/15/2052

1,350,000

1,014,820

2.88%,

5/15/2052

770,000

664,005

3.00%,

8/15/2052

(a)

670,000

593,159

4.00%,

11/15/2052

400,000

427,812

U.S.

Treasury

Notes

0.13%,

2/15/2024

790,000

753,216

2.75%,

2/15/2024

1,735,000

1,699,758

1.50%,

2/29/2024

865,000

835,772

2.13%,

2/29/2024

1,200,000

1,166,812

2.38%,

2/29/2024

(a)

900,000

877,676

0.25%,

3/15/2024

870,000

828,131

2.13%,

3/31/2024

850,000

825,164

2.25%,

3/31/2024

830,000

807,110

0.38%,

4/15/2024

675,000

641,514

2.00%,

4/30/2024

731,000

707,614

2.25%,

4/30/2024

700,000

679,684

2.50%,

4/30/2024

910,000

886,326

0.25%,

5/15/2024

1,200,000

1,134,797

2.50%,

5/15/2024

945,000

919,825

2.00%,

5/31/2024

350,000

338,187

2.50%,

5/31/2024

780,000

758,702

0.25%,

6/15/2024

815,000

768,615

1.75%,

6/30/2024

380,000

365,468

2.00%,

6/30/2024

580,000

559,655

3.00%,

6/30/2024

775,000

758,501

0.38%,

7/15/2024

(a)

1,200,000

1,130,578

1.75%,

7/31/2024

350,000

336,109

2.13%,

7/31/2024

250,000

241,445

3.00%,

7/31/2024

825,000

807,179

0.38%,

8/15/2024

395,000

371,053

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.4%

(continued)

U.S.

Treasury

Notes

(continued)

2.38%,

8/15/2024

1,050,000

1,017,270

1.25%,

8/31/2024

(a)

295,000

280,653

1.88%,

8/31/2024

300,000

288,211

3.25%,

8/31/2024

(a)

905,000

888,703

0.38%,

9/15/2024

955,000

895,574

1.50%,

9/30/2024

(a)

400,000

381,719

2.13%,

9/30/2024

100,000

96,410

4.25%,

9/30/2024

715,000

713,408

0.63%,

10/15/2024

965,000

906,572

1.50%,

10/31/2024

400,000

381,016

2.25%,

10/31/2024

81,000

78,156

4.38%,

10/31/2024

1,160,000

1,160,498

0.75%,

11/15/2024

1,095,000

1,028,231

2.25%,

11/15/2024

865,000

834,590

1.50%,

11/30/2024

845,000

803,905

2.13%,

11/30/2024

25,000

24,053

4.50%,

11/30/2024

1,100,000

1,103,695

1.00%,

12/15/2024

1,120,000

1,054,769

1.75%,

12/31/2024

(a)

1,020,000

974,100

2.25%,

12/31/2024

210,000

202,322

4.25%,

12/31/2024

700,000

700,027

1.13%,

1/15/2025

915,000

862,280

1.38%,

1/31/2025

575,000

544,318

2.50%,

1/31/2025

100,000

96,766

4.13%,

1/31/2025

475,000

474,480

1.50%,

2/15/2025

790,000

748,772

2.00%,

2/15/2025

850,000

813,941

1.13%,

2/28/2025

585,000

550,083

2.75%,

2/28/2025

175,000

170,092

1.75%,

3/15/2025

1,035,000

985,271

0.50%,

3/31/2025

1,030,000

954,440

2.63%,

3/31/2025

500,000

484,766

2.63%,

4/15/2025

690,000

668,491

0.38%,

4/30/2025

750,000

690,879

2.88%,

4/30/2025

500,000

486,875

2.13%,

5/15/2025

605,000

579,193

2.75%,

5/15/2025

750,000

728,496

0.25%,

5/31/2025

1,205,000

1,104,175

2.88%,

5/31/2025

200,000

194,703

2.88%,

6/15/2025

950,000

925,434

0.25%,

6/30/2025

790,000

723,159

3.00%,

7/15/2025

990,000

966,720

0.25%,

7/31/2025

700,000

638,586

2.00%,

8/15/2025

380,000

361,772

3.13%,

8/15/2025

(a)

950,000

930,406

0.25%,

8/31/2025

1,165,000

1,059,877

2.75%,

8/31/2025

700,000

678,781

3.50%,

9/15/2025

660,000

652,678

0.25%,

9/30/2025

1,135,000

1,031,343

4.25%,

10/15/2025

(a)

1,130,000

1,138,740

0.25%,

10/31/2025

480,000

434,550

2.25%,

11/15/2025

990,000

947,074

4.50%,

11/15/2025

645,000

654,725

0.38%,

11/30/2025

230,000

208,473

2.88%,

11/30/2025

100,000

97,242

4.00%,

12/15/2025

665,000

667,130

0.38%,

12/31/2025

590,000

534,457

2.63%,

12/31/2025

500,000

483,437

3.88%,

1/15/2026

690,000

690,054

0.38%,

1/31/2026

1,025,000

924,902

66

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.4%

(continued)

U.S.

Treasury

Notes

(continued)

2.63%,

1/31/2026

540,000

521,480

1.63%,

2/15/2026

615,000

575,650

0.50%,

2/28/2026

820,000

740,947

2.50%,

2/28/2026

560,000

538,037

0.75%,

3/31/2026

1,035,000

941,769

2.25%,

3/31/2026

(a)

580,000

553,175

0.75%,

4/30/2026

1,180,000

1,070,297

2.38%,

4/30/2026

240,000

229,650

1.63%,

5/15/2026

880,000

820,875

0.75%,

5/31/2026

1,450,000

1,312,363

2.13%,

5/31/2026

400,000

379,344

0.88%,

6/30/2026

1,035,000

939,343

1.88%,

6/30/2026

380,000

357,230

0.63%,

7/31/2026

965,000

866,238

1.88%,

7/31/2026

274,000

257,175

1.50%,

8/15/2026

1,370,000

1,267,357

0.75%,

8/31/2026

1,290,000

1,160,597

1.38%,

8/31/2026

405,000

372,790

0.88%,

9/30/2026

1,430,000

1,290,016

1.63%,

9/30/2026

310,000

287,719

1.13%,

10/31/2026

845,000

768,158

1.63%,

10/31/2026

405,000

375,195

2.00%,

11/15/2026

(a)

775,000

727,289

1.25%,

11/30/2026

1,630,000

1,486,611

1.63%,

11/30/2026

375,000

347,227

1.25%,

12/31/2026

985,000

896,966

1.75%,

12/31/2026

400,000

371,906

1.50%,

1/31/2027

1,325,000

1,217,033

2.25%,

2/15/2027

795,000

752,455

1.13%,

2/28/2027

135,000

122,122

1.88%,

2/28/2027

915,000

852,022

0.63%,

3/31/2027

830,000

733,383

2.50%,

3/31/2027

1,165,000

1,111,574

0.50%,

4/30/2027

645,000

565,332

2.75%,

4/30/2027

825,000

794,643

2.38%,

5/15/2027

955,000

905,982

0.50%,

5/31/2027

1,190,000

1,039,948

2.63%,

5/31/2027

800,000

766,688

0.50%,

6/30/2027

1,265,000

1,103,416

3.25%,

6/30/2027

485,000

476,702

0.38%,

7/31/2027

675,000

584,191

2.75%,

7/31/2027

565,000

543,945

2.25%,

8/15/2027

655,000

617,030

0.50%,

8/31/2027

900,000

781,805

3.13%,

8/31/2027

1,095,000

1,071,389

0.38%,

9/30/2027

705,000

607,457

4.13%,

9/30/2027

865,000

882,638

0.50%,

10/31/2027

835,000

721,688

4.13%,

10/31/2027

715,000

729,914

2.25%,

11/15/2027

730,000

686,086

0.63%,

11/30/2027

835,000

724,950

3.88%,

11/30/2027

(a)

995,000

1,006,660

0.63%,

12/31/2027

1,630,000

1,412,624

3.88%,

12/31/2027

715,000

723,211

0.75%,

1/31/2028

(a)

1,260,000

1,096,397

3.50%,

1/31/2028

200,000

199,125

2.75%,

2/15/2028

775,000

743,758

1.13%,

2/29/2028

1,180,000

1,044,577

1.25%,

3/31/2028

935,000

831,639

1.25%,

4/30/2028

955,000

848,010

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.4%

(continued)

U.S.

Treasury

Notes

(continued)

2.88%,

5/15/2028

1,047,000

1,009,292

1.25%,

5/31/2028

925,000

819,998

1.25%,

6/30/2028

630,000

557,599

1.00%,

7/31/2028

865,000

753,496

2.88%,

8/15/2028

1,079,000

1,038,706

1.13%,

8/31/2028

1,010,000

884,223

1.25%,

9/30/2028

1,010,000

888,879

1.38%,

10/31/2028

1,205,000

1,066,613

3.13%,

11/15/2028

(a)

1,075,000

1,047,705

1.50%,

11/30/2028

1,180,000

1,050,384

1.38%,

12/31/2028

(a)

1,185,000

1,046,966

1.75%,

1/31/2029

1,050,000

946,230

2.63%,

2/15/2029

997,000

944,268

1.88%,

2/28/2029

830,000

752,771

2.38%,

3/31/2029

900,000

839,461

2.88%,

4/30/2029

730,000

700,686

2.38%,

5/15/2029

705,000

657,082

2.75%,

5/31/2029

900,000

857,461

3.25%,

6/30/2029

500,000

490,313

2.63%,

7/31/2029

630,000

595,498

3.13%,

8/31/2029

575,000

559,727

3.88%,

9/30/2029

545,000

554,452

4.00%,

10/31/2029

550,000

563,922

3.88%,

11/30/2029

565,000

575,417

3.88%,

12/31/2029

580,000

591,238

0.63%,

8/15/2030

2,765,000

2,251,315

0.88%,

11/15/2030

2,705,000

2,235,852

1.13%,

2/15/2031

1,940,000

1,633,844

1.63%,

5/15/2031

1,805,000

1,570,632

1.25%,

8/15/2031

1,975,000

1,657,457

1.38%,

11/15/2031

2,880,000

2,429,100

1.88%,

2/15/2032

1,810,000

1,589,123

2.88%,

5/15/2032

1,870,000

1,782,052

2.75%,

8/15/2032

1,955,000

1,840,449

4.13%,

11/15/2032

1,400,000

1,473,500

Total

U.S.

Treasury

Government

Securities

(cost

$187,542,981)

176,946,070

Shares

Investment

Companies

–

2.2%

Registered

Investment

Companies

–

2.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(f)(g)

(cost

$9,796,261)

9,796,261

9,796,261

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.6%

Registered

Investment

Companies

–

0.6%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(f)(g)

(cost

$2,677,785)

2,677,785

2,677,785

Total

Investments

Before

TBA

Sale

Commitments  (cost

$479,731,190)

102.4%

448,440,121

TBA

Sale

Commitments

–

(

0.2%

)

Principal

Amount

($)

Federal

National

Mortgage

Association

(h)

2.00%,

1/15/2038

(d)

50,000

(45,464)

2.50%,

1/15/2038

(d)

100,000

(93,548)

1.50%,

2/15/2038

(d)

50,000

(44,353)

2.00%,

2/15/2038

(d)

25,000

(22,744)

2.50%,

2/15/2038

(d)

75,000

(70,192)

67

See

Notes

to

Statements

of

Investments

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

TBA

Sale

Commitments

–

(0.2%)

(continued)

Federal

National

Mortgage

Association

(h)

(continued)

2.50%,

3/15/2038

(d)

50,000

(46,837)

2.00%,

1/15/2053

(d)

150,000

(126,275)

2.50%,

1/15/2053

(d)

75,000

(65,657)

3.00%,

1/15/2053

(d)

100,000

(90,775)

2.50%,

3/15/2053

(d)

125,000

(109,527)

3.00%,

3/15/2053

(d)

75,000

(68,130)

Government

National

Mortgage

Association,

2.00%,

2/15/2053

(h)

25,000

(21,620)

Total

TBA

Sale

Commitments

(proceeds$(795,918))

(805,122)

Total

Investments

(cost

net

of

proceeds

$478,935,272)

102.2%

447,634,999

Liabilities,

Less

Cash

and

Receivables

(2.2)%

(9,593,475)

Net

Assets

100.0%

438,041,524

GO—General

Obligation

RB—Revenue

Bond

REMICs—Real

Estate

Mortgage

Investment

Conduits

(a)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$13,369,936

and

the

value

of

the

collateral

was

$13,878,723,

consisting

of

cash

collateral

of

$2,677,785

and

U.S.

Government

&

Agency

securities

valued

at

$11,200,938.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(b)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2023,

these

securities

were

valued

at

$1,618,409

or

0.37%

of

net

assets.

(c)

Denotes

a

zero

coupon

security

issued

at

a

substantial

discount

from

its

value

at

maturity.

(d)

The

Federal

Housing

Finance

Agency

(“FHFA”)

placed

the

Federal

Home

Loan

Mortgage

Corporation

and

Federal

National

Mortgage

Association

into

conservatorship

with

FHFA

as

the

conservator.

As

such,

the

FHFA

oversees

the

continuing

affairs

of

these

companies.

(e)

Purchased

on

a

forward

commitment

basis.

(f)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(g)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

(h)

Sales

on

a

forward

commitment

basis.

68

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

Basic

Materials

–

1.6%

ArcelorMittal

SA,

4.55%,

3/11/2026

50,000

49,420

Celanese

US

Holdings

LLC

3.50%,

5/08/2024

10,000

9,778

6.17%,

7/15/2027

125,000

126,601

Celulosa

Arauco

y

Constitucion

SA,

4.50%,

8/01/2024

25,000

24,697

DuPont

de

Nemours,

Inc.,

4.49%,

11/15/2025

35,000

34,985

Eastman

Chemical

Co.,

3.80%,

3/15/2025

25,000

24,405

Ecolab,

Inc.,

5.25%,

1/15/2028

100,000

103,902

Freeport-McMoRan,

Inc.,

4.55%,

11/14/2024

50,000

49,478

Linde,

Inc.,

2.65%,

2/05/2025

50,000

48,230

Nucor

Corp.,

2.00%,

6/01/2025

50,000

47,002

Nutrien

Ltd.,

4.00%,

12/15/2026

75,000

74,059

PPG

Industries,

Inc.,

1.20%,

3/15/2026

50,000

45,021

Reliance

Steel

&

Aluminum

Co.,

1.30%,

8/15/2025

25,000

22,910

Sherwin-Williams

Co.

(The),

3.95%,

1/15/2026

75,000

73,899

Steel

Dynamics,

Inc.,

2.40%,

6/15/2025

50,000

47,066

Vale

Overseas

Ltd.,

6.25%,

8/10/2026

70,000

73,053

854,506

Communications

–

5.2%

Alphabet,

Inc.

3.38%,

2/25/2024

25,000

24,712

0.45%,

8/15/2025

50,000

45,608

2.00%,

8/15/2026

50,000

46,533

Amazon.com,

Inc.

0.45%,

5/12/2024

40,000

37,943

2.80%,

8/22/2024

85,000

82,807

0.80%,

6/03/2025

20,000

18,438

1.00%,

5/12/2026

170,000

153,115

3.30%,

4/13/2027

100,000

96,693

1.20%,

6/03/2027

70,000

61,739

4.55%,

12/01/2027

75,000

75,962

AT&T,

Inc.

0.90%,

3/25/2024

125,000

119,519

1.70%,

3/25/2026

25,000

22,918

2.95%,

7/15/2026

(a)

50,000

47,597

2.30%,

6/01/2027

125,000

114,162

Booking

Holdings,

Inc.,

3.65%,

3/15/2025

50,000

48,927

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

4.50%,

2/01/2024

50,000

49,579

4.91%,

7/23/2025

125,000

124,361

Cisco

Systems,

Inc.

3.63%,

3/04/2024

10,000

9,922

2.50%,

9/20/2026

35,000

33,110

Comcast

Corp.

3.38%,

2/15/2025

55,000

53,694

3.38%,

8/15/2025

25,000

24,322

3.95%,

10/15/2025

75,000

73,987

3.15%,

3/01/2026

25,000

24,136

2.35%,

1/15/2027

50,000

46,428

5.35%,

11/15/2027

50,000

52,069

Discovery

Communications

LLC,

3.95%,

6/15/2025

25,000

24,168

eBay,

Inc.

3.45%,

8/01/2024

25,000

24,521

1.90%,

3/11/2025

25,000

23,613

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Communications

–

5.2%

(continued)

1.40%,

5/10/2026

35,000

31,577

Expedia

Group,

Inc.,

5.00%,

2/15/2026

35,000

35,049

Fox

Corp.,

3.05%,

4/07/2025

50,000

48,220

Juniper

Networks,

Inc.,

1.20%,

12/10/2025

25,000

22,562

Meta

Platforms,

Inc.,

3.50%,

8/15/2027

65,000

62,396

Motorola

Solutions,

Inc.,

4.00%,

9/01/2024

3,000

2,967

Omnicom

Group,

Inc.

/

Omnicom

Capital,

Inc.,

3.65%,

11/01/2024

45,000

44,128

Paramount

Global,

4.75%,

5/15/2025

22,000

21,844

Rogers

Communications,

Inc.,

3.20%,

3/15/2027

(b)

100,000

94,101

TCI

Communications,

Inc.,

7.88%,

2/15/2026

20,000

21,946

T-Mobile

USA,

Inc.

1.50%,

2/15/2026

140,000

127,745

3.75%,

4/15/2027

50,000

48,100

5.38%,

4/15/2027

100,000

100,392

TWDC

Enterprises

18

Corp.,

2.95%,

6/15/2027

(a)

50,000

47,486

VeriSign,

Inc.,

5.25%,

4/01/2025

25,000

25,097

Verizon

Communications,

Inc.

3.38%,

2/15/2025

45,000

43,825

0.85%,

11/20/2025

50,000

45,239

1.45%,

3/20/2026

55,000

50,094

2.63%,

8/15/2026

50,000

46,951

4.13%,

3/16/2027

75,000

74,047

Walt

Disney

Co.

(The)

3.70%,

9/15/2024

50,000

49,167

3.70%,

10/15/2025

125,000

122,243

1.75%,

1/13/2026

50,000

46,316

WPP

Finance

2010,

3.75%,

9/19/2024

50,000

48,906

2,820,981

Consumer,

Cyclical

–

7.0%

American

Honda

Finance

Corp.

Series

G,

3.55%,

1/12/2024

100,000

98,813

2.15%,

9/10/2024

70,000

67,277

1.20%,

7/08/2025

25,000

23,056

1.30%,

9/09/2026

35,000

31,383

2.35%,

1/08/2027

50,000

46,284

AutoNation,

Inc.,

3.50%,

11/15/2024

25,000

24,155

AutoZone,

Inc.,

3.13%,

4/18/2024

15,000

14,682

BorgWarner,

Inc.,

2.65%,

7/01/2027

(a)

100,000

92,010

Continental

Airlines

Pass-Through

Trust,

Series

2012-2,

Class

A,

4.00%,

10/29/2024

13,800

13,254

Costco

Wholesale

Corp.

2.75%,

5/18/2024

45,000

44,097

1.38%,

6/20/2027

100,000

89,644

Cummins,

Inc.,

0.75%,

9/01/2025

25,000

22,748

D.R.

Horton,

Inc.,

2.50%,

10/15/2024

35,000

33,686

Delta

Air

Lines

Pass-Through

Trust,

Series

2019-

1,

Class

AA,

3.20%,

10/25/2025

25,000

24,482

Dollar

General

Corp.

4.15%,

11/01/2025

25,000

24,607

4.63%,

11/01/2027

50,000

50,056

Dollar

Tree,

Inc.,

4.00%,

5/15/2025

75,000

73,659

General

Motors

Co.

4.00%,

4/01/2025

25,000

24,389

6.13%,

10/01/2025

25,000

25,636

General

Motors

Financial

Co.,

Inc.

3.95%,

4/13/2024

25,000

24,668

69

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Consumer,

Cyclical

–

7.0%

(continued)

4.00%,

1/15/2025

50,000

48,915

2.90%,

2/26/2025

50,000

47,706

2.75%,

6/20/2025

25,000

23,590

4.30%,

7/13/2025

100,000

98,008

1.25%,

1/08/2026

25,000

22,405

1.50%,

6/10/2026

25,000

22,223

4.00%,

10/06/2026

10,000

9,638

4.35%,

1/17/2027

100,000

97,052

2.35%,

2/26/2027

100,000

89,800

Genuine

Parts

Co.,

1.75%,

2/01/2025

50,000

47,019

Hasbro,

Inc.,

3.00%,

11/19/2024

25,000

24,165

Home

Depot,

Inc.

(The)

3.00%,

4/01/2026

50,000

48,139

2.13%,

9/15/2026

35,000

32,455

2.88%,

4/15/2027

75,000

71,166

Honda

Motor

Co.,

Ltd.,

2.53%,

3/10/2027

35,000

32,649

Hyatt

Hotels

Corp.,

5.63%,

4/23/2025

50,000

50,468

Lennar

Corp.

4.50%,

4/30/2024

25,000

24,861

5.25%,

6/01/2026

25,000

25,295

Lowe's

Cos.,

Inc.

3.13%,

9/15/2024

15,000

14,607

4.00%,

4/15/2025

50,000

49,287

3.35%,

4/01/2027

50,000

47,883

Magna

International,

Inc.,

4.15%,

10/01/2025

25,000

24,574

Marriott

International,

Inc.

Series

EE,

5.75%,

5/01/2025

6,000

6,101

Series

R,

3.13%,

6/15/2026

100,000

95,033

McDonald's

Corp.

3.30%,

7/01/2025

100,000

97,380

1.45%,

9/01/2025

25,000

23,175

3.70%,

1/30/2026

10,000

9,834

Nike,

Inc.

2.40%,

3/27/2025

50,000

48,383

2.75%,

3/27/2027

50,000

47,495

O'Reilly

Automotive,

Inc.,

3.55%,

3/15/2026

25,000

24,348

PACCAR

Financial

Corp.

1.10%,

5/11/2026

35,000

31,560

2.00%,

2/04/2027

50,000

45,965

PulteGroup,

Inc.,

5.50%,

3/01/2026

50,000

50,543

PVH

Corp.,

4.63%,

7/10/2025

25,000

24,584

Ross

Stores,

Inc.,

4.60%,

4/15/2025

25,000

24,913

Southwest

Airlines

Co.

5.25%,

5/04/2025

50,000

50,348

5.13%,

6/15/2027

75,000

75,809

Starbucks

Corp.,

2.45%,

6/15/2026

100,000

93,964

Target

Corp.,

2.25%,

4/15/2025

100,000

95,338

Toll

Brothers

Finance

Corp.,

4.88%,

3/15/2027

75,000

73,136

Toyota

Motor

Corp.

0.68%,

3/25/2024

110,000

105,089

1.34%,

3/25/2026

25,000

22,755

Toyota

Motor

Credit

Corp.

2.90%,

4/17/2024

(a)

50,000

48,964

0.63%,

9/13/2024

25,000

23,473

3.00%,

4/01/2025

50,000

48,355

3.40%,

4/14/2025

25,000

24,367

0.80%,

10/16/2025

40,000

36,285

1.13%,

6/18/2026

35,000

31,398

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Consumer,

Cyclical

–

7.0%

(continued)

1.90%,

1/13/2027

75,000

68,327

3.05%,

3/22/2027

75,000

71,301

5.45%,

11/10/2027

50,000

52,180

United

Airlines

Pass-Through

Trust

Series

2012-1,

Class

A,

4.15%,

4/11/2024

13,311

12,975

Series

2014-1,

Class

A,

4.00%,

4/11/2026

11,773

10,923

VF

Corp.,

2.40%,

4/23/2025

25,000

23,716

Walgreens

Boots

Alliance,

Inc.,

3.80%,

11/18/2024

50,000

49,052

Walmart,

Inc.

3.30%,

4/22/2024

100,000

98,503

2.85%,

7/08/2024

85,000

83,190

3.55%,

6/26/2025

(a)

25,000

24,704

WarnerMedia

Holdings,

Inc.

3.64%,

3/15/2025

(b)

100,000

96,437

3.76%,

3/15/2027

(b)

150,000

140,540

WW

Grainger,

Inc.,

1.85%,

2/15/2025

25,000

23,717

3,814,651

Consumer,

Non-cyclical

–

12.9%

Abbott

Laboratories

2.95%,

3/15/2025

50,000

48,573

3.75%,

11/30/2026

50,000

49,365

AbbVie,

Inc.

3.85%,

6/15/2024

25,000

24,696

2.60%,

11/21/2024

100,000

96,374

3.80%,

3/15/2025

50,000

49,066

3.60%,

5/14/2025

70,000

68,268

3.20%,

5/14/2026

75,000

72,057

2.95%,

11/21/2026

85,000

80,634

Altria

Group,

Inc.

4.40%,

2/14/2026

100,000

99,571

2.63%,

9/16/2026

(a)

35,000

32,686

Amgen,

Inc.

3.13%,

5/01/2025

(a)

25,000

24,161

2.60%,

8/19/2026

35,000

32,905

2.20%,

2/21/2027

50,000

45,885

Anheuser-Busch

Cos.

LLC

/

Anheuser-Busch

InBev

Worldwide,

Inc.,

3.65%,

2/01/2026

60,000

58,635

AstraZeneca

Finance

LLC,

1.20%,

5/28/2026

100,000

90,370

AstraZeneca

PLC,

0.70%,

4/08/2026

25,000

22,312

BAT

Capital

Corp.

3.22%,

8/15/2024

90,000

87,580

2.79%,

9/06/2024

25,000

24,194

3.22%,

9/06/2026

25,000

23,567

4.70%,

4/02/2027

120,000

117,651

BAT

International

Finance

PLC,

1.67%,

3/25/2026

50,000

45,132

Baxter

International,

Inc.,

1.92%,

2/01/2027

100,000

90,258

Becton,

Dickinson

&

Co.

3.36%,

6/06/2024

25,000

24,513

3.73%,

12/15/2024

35,000

34,388

3.70%,

6/06/2027

50,000

48,649

Biogen,

Inc.,

4.05%,

9/15/2025

75,000

73,701

Boston

Scientific

Corp.,

3.45%,

3/01/2024

22,000

21,676

Bristol-Myers

Squibb

Co.

2.90%,

7/26/2024

50,000

48,830

0.75%,

11/13/2025

15,000

13,620

3.20%,

6/15/2026

35,000

33,909

70

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Consumer,

Non-cyclical

–

12.9%

(continued)

3.25%,

2/27/2027

35,000

33,851

Bunge

Ltd.

Finance

Corp.,

1.63%,

8/17/2025

45,000

41,491

Campbell

Soup

Co.,

3.95%,

3/15/2025

10,000

9,851

Cardinal

Health,

Inc.

3.08%,

6/15/2024

50,000

48,746

3.75%,

9/15/2025

25,000

24,406

Centene

Corp.,

4.25%,

12/15/2027

50,000

48,009

Cigna

Corp.

3.50%,

6/15/2024

25,000

24,564

3.25%,

4/15/2025

25,000

24,278

4.13%,

11/15/2025

25,000

24,718

1.25%,

3/15/2026

100,000

90,197

Coca-Cola

Co.

(The)

1.75%,

9/06/2024

25,000

24,073

1.45%,

6/01/2027

100,000

90,167

Coca-Cola

Consolidated,

Inc.,

3.80%,

11/25/2025

25,000

24,460

CommonSpirit

Health

2.76%,

10/01/2024

25,000

24,172

1.55%,

10/01/2025

50,000

46,161

ConAgra

Brands,

Inc.,

4.30%,

5/01/2024

25,000

24,739

Constellation

Brands,

Inc.,

4.35%,

5/09/2027

100,000

98,791

CVS

Health

Corp.

3.38%,

8/12/2024

60,000

58,772

4.10%,

3/25/2025

60,000

59,532

2.88%,

6/01/2026

35,000

33,116

3.63%,

4/01/2027

75,000

72,501

1.30%,

8/21/2027

50,000

43,346

Elevance

Health,

Inc.

3.50%,

8/15/2024

25,000

24,467

3.35%,

12/01/2024

25,000

24,424

2.38%,

1/15/2025

75,000

71,672

ELI

Lilly

&

Co.,

3.10%,

5/15/2027

35,000

33,520

Equifax,

Inc.

2.60%,

12/01/2024

25,000

24,032

2.60%,

12/15/2025

50,000

46,946

Estee

Lauder

Cos.,

Inc.

(The),

2.00%,

12/01/2024

35,000

33,466

GE

Healthcare

Technologies,

Inc.,

5.65%,

11/15/2027

(b)

100,000

103,537

General

Mills,

Inc.

3.65%,

2/15/2024

10,000

9,863

4.00%,

4/17/2025

25,000

24,621

Gilead

Sciences,

Inc.

3.50%,

2/01/2025

25,000

24,464

3.65%,

3/01/2026

110,000

107,223

1.20%,

10/01/2027

100,000

86,831

GlaxoSmithKline

Capital

PLC,

3.00%,

6/01/2024

45,000

44,053

Global

Payments,

Inc.

2.65%,

2/15/2025

50,000

47,707

4.80%,

4/01/2026

25,000

24,830

2.15%,

1/15/2027

100,000

90,008

GSK

Consumer

Healthcare

Capital

US

LLC,

3.38%,

3/24/2027

250,000

236,651

GXO

Logistics,

Inc.,

1.65%,

7/15/2026

100,000

87,097

HCA,

Inc.

5.00%,

3/15/2024

130,000

129,695

5.25%,

4/15/2025

75,000

75,081

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Consumer,

Non-cyclical

–

12.9%

(continued)

5.25%,

6/15/2026

50,000

50,088

3.13%,

3/15/2027

(b)

85,000

79,008

Hershey

Co.

(The),

0.90%,

6/01/2025

50,000

46,124

Humana,

Inc.

3.85%,

10/01/2024

15,000

14,775

1.35%,

2/03/2027

50,000

44,069

Johnson

&

Johnson

2.63%,

1/15/2025

50,000

48,451

0.55%,

9/01/2025

50,000

45,726

2.45%,

3/01/2026

50,000

47,728

Keurig

Dr

Pepper,

Inc.

0.75%,

3/15/2024

60,000

57,320

4.42%,

5/25/2025

6,000

5,956

3.40%,

11/15/2025

25,000

24,213

Kimberly-Clark

Corp.,

3.05%,

8/15/2025

25,000

24,203

Kraft

Heinz

Foods

Co.,

3.88%,

5/15/2027

100,000

97,403

Kroger

Co.

(The),

3.50%,

2/01/2026

75,000

72,708

Laboratory

Corp.

of

America

Holdings

3.25%,

9/01/2024

10,000

9,753

3.60%,

2/01/2025

100,000

97,429

McCormick

&

Co.,

Inc.,

0.90%,

2/15/2026

10,000

8,928

McKesson

Corp.,

1.30%,

8/15/2026

50,000

44,627

Merck

&

Co.,

Inc.

2.90%,

3/07/2024

85,000

83,310

2.75%,

2/10/2025

40,000

38,770

1.70%,

6/10/2027

50,000

45,171

Molson

Coors

Beverage

Co.,

3.00%,

7/15/2026

70,000

66,112

Mondelez

International,

Inc.,

1.50%,

5/04/2025

50,000

46,748

Moody's

Corp.,

3.75%,

3/24/2025

25,000

24,484

Novartis

Capital

Corp.

3.00%,

11/20/2025

50,000

48,274

2.00%,

2/14/2027

75,000

69,478

PayPal

Holdings,

Inc.

1.65%,

6/01/2025

30,000

28,077

2.65%,

10/01/2026

35,000

33,033

3.90%,

6/01/2027

(a)

50,000

49,172

PeaceHealth

Obligated

Group,

Series

2020,

1.38%,

11/15/2025

25,000

22,712

PepsiCo,

Inc.

3.60%,

3/01/2024

100,000

99,165

2.25%,

3/19/2025

50,000

47,959

2.38%,

10/06/2026

50,000

47,219

PerkinElmer,

Inc.,

0.85%,

9/15/2024

25,000

23,387

Pfizer,

Inc.

3.40%,

5/15/2024

110,000

108,419

2.75%,

6/03/2026

10,000

9,568

3.00%,

12/15/2026

35,000

33,704

Philip

Morris

International,

Inc.

2.88%,

5/01/2024

70,000

68,380

3.25%,

11/10/2024

50,000

48,729

2.75%,

2/25/2026

25,000

23,785

0.88%,

5/01/2026

10,000

8,922

5.13%,

11/17/2027

50,000

51,088

Procter

&

Gamble

Co.

(The)

0.55%,

10/29/2025

50,000

45,437

1.00%,

4/23/2026

25,000

22,652

1.90%,

2/01/2027

50,000

46,331

Quest

Diagnostics,

Inc.,

3.45%,

6/01/2026

85,000

81,863

71

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Consumer,

Non-cyclical

–

12.9%

(continued)

Reynolds

American,

Inc.,

4.45%,

6/12/2025

90,000

88,346

Royalty

Pharma

PLC,

1.75%,

9/02/2027

50,000

43,398

S&P

Global,

Inc.,

2.45%,

3/01/2027

(b)

50,000

46,475

Shire

Acquisitions

Investments

Ireland

DAC,

3.20%,

9/23/2026

60,000

57,331

Stryker

Corp.

3.38%,

11/01/2025

45,000

43,612

3.50%,

3/15/2026

25,000

24,251

SYSCO

Corp.,

3.30%,

7/15/2026

30,000

28,825

Thermo

Fisher

Scientific,

Inc.,

4.80%,

11/21/2027

50,000

51,345

Tyson

Foods,

Inc.,

4.00%,

3/01/2026

50,000

49,200

Unilever

Capital

Corp.

3.25%,

3/07/2024

10,000

9,850

2.60%,

5/05/2024

125,000

121,903

UnitedHealth

Group,

Inc.

2.38%,

8/15/2024

50,000

48,365

3.75%,

7/15/2025

25,000

24,658

1.25%,

1/15/2026

50,000

46,084

1.15%,

5/15/2026

65,000

58,888

3.38%,

4/15/2027

50,000

48,395

Utah

Acquisition

Sub,

Inc.,

3.95%,

6/15/2026

85,000

81,007

Verisk

Analytics,

Inc.,

4.00%,

6/15/2025

50,000

48,958

Viatris

,

Inc.,

1.65%,

6/22/2025

30,000

27,584

Zimmer

Biomet

Holdings,

Inc.,

3.05%,

1/15/2026

85,000

80,937

7,073,225

Energy

–

5.6%

Baker

Hughes

Holdings

LLC

/

Baker

Hughes

Co.-

Obligor,

Inc.,

2.06%,

12/15/2026

75,000

68,323

BP

Capital

Markets

America,

Inc.

3.41%,

2/11/2026

25,000

24,336

3.12%,

5/04/2026

50,000

48,082

3.54%,

4/06/2027

50,000

48,546

Canadian

Natural

Resources

Ltd.

2.05%,

7/15/2025

30,000

28,089

3.85%,

6/01/2027

30,000

28,996

Cheniere

Corpus

Christi

Holdings

LLC,

5.88%,

3/31/2025

75,000

75,766

Chevron

Corp.

2.90%,

3/03/2024

75,000

73,676

1.55%,

5/11/2025

50,000

47,072

2.95%,

5/16/2026

25,000

24,036

2.00%,

5/11/2027

85,000

78,033

Chevron

USA,

Inc.

3.90%,

11/15/2024

10,000

9,915

0.69%,

8/12/2025

25,000

22,808

Columbia

Pipeline

Group,

Inc.,

4.50%,

6/01/2025

15,000

14,875

Continental

Resources,

Inc.,

4.38%,

1/15/2028

100,000

95,091

Devon

Energy

Corp.,

5.25%,

9/15/2024

25,000

25,077

Enbridge,

Inc.

3.50%,

6/10/2024

50,000

48,963

2.50%,

1/15/2025

10,000

9,532

Energy

Transfer

LP

4.90%,

2/01/2024

10,000

9,963

4.50%,

4/15/2024

75,000

74,386

4.05%,

3/15/2025

35,000

34,333

2.90%,

5/15/2025

50,000

47,726

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Energy

–

5.6%

(continued)

4.20%,

4/15/2027

60,000

58,155

Enterprise

Products

Operating

LLC

3.90%,

2/15/2024

25,000

24,737

3.75%,

2/15/2025

25,000

24,609

3.70%,

2/15/2026

75,000

73,359

EOG

Resources,

Inc.,

4.15%,

1/15/2026

50,000

49,708

EQT

Corp.,

3.90%,

10/01/2027

50,000

47,416

Exxon

Mobil

Corp.

2.02%,

8/16/2024

(a)

115,000

110,910

2.99%,

3/19/2025

160,000

155,637

3.29%,

3/19/2027

50,000

48,715

Halliburton

Co.,

3.80%,

11/15/2025

39,000

38,353

Hess

Corp.,

4.30%,

4/01/2027

50,000

48,992

HF

Sinclair

Corp.,

5.88%,

4/01/2026

50,000

50,404

Kinder

Morgan

Energy

Partners

LP

4.30%,

5/01/2024

25,000

24,830

4.25%,

9/01/2024

100,000

98,788

Marathon

Petroleum

Corp.,

3.63%,

9/15/2024

35,000

34,365

MPLX

LP

4.88%,

12/01/2024

20,000

19,978

4.88%,

6/01/2025

25,000

24,953

1.75%,

3/01/2026

75,000

68,272

4.13%,

3/01/2027

50,000

48,511

Northwest

Pipeline

LLC,

4.00%,

4/01/2027

100,000

96,844

ONEOK,

Inc.

2.75%,

9/01/2024

25,000

24,119

2.20%,

9/15/2025

50,000

46,487

Ovintiv

Exploration,

Inc.,

5.38%,

1/01/2026

50,000

50,328

Phillips

66,

3.85%,

4/09/2025

70,000

68,898

Phillips

66

Co.,

1.30%,

2/15/2026

10,000

9,094

Pioneer

Natural

Resources

Co.,

1.13%,

1/15/2026

25,000

22,627

Plains

All

American

Pipeline

LP

/

PAA

Finance

Corp.

3.60%,

11/01/2024

25,000

24,404

4.65%,

10/15/2025

25,000

24,760

4.50%,

12/15/2026

50,000

48,870

Sabine

Pass

Liquefaction

LLC

5.88%,

6/30/2026

50,000

51,145

5.00%,

3/15/2027

100,000

100,180

Schlumberger

Finance

Canada

Ltd.,

1.40%,

9/17/2025

20,000

18,584

Shell

International

Finance

BV

2.00%,

11/07/2024

75,000

71,976

3.25%,

5/11/2025

85,000

83,032

Spectra

Energy

Partners

LP

4.75%,

3/15/2024

50,000

49,822

3.38%,

10/15/2026

75,000

71,415

Targa

Resources

Corp.,

5.20%,

7/01/2027

50,000

50,344

TotalEnergies

Capital

International

SA,

3.75%,

4/10/2024

95,000

94,074

TransCanada

Pipelines

Ltd.,

1.00%,

10/12/2024

25,000

23,396

Transcontinental

Gas

Pipe

Line

Co.

LLC,

7.85%,

2/01/2026

25,000

27,000

Williams

Cos.,

Inc.

(The)

4.55%,

6/24/2024

10,000

9,947

4.00%,

9/15/2025

25,000

24,477

3,080,139

72

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

2.88%,

8/14/2024

125,000

119,473

6.50%,

7/15/2025

50,000

50,958

2.45%,

10/29/2026

150,000

134,838

Air

Lease

Corp.

0.70%,

2/15/2024

50,000

47,719

2.30%,

2/01/2025

50,000

47,064

3.25%,

3/01/2025

25,000

23,980

2.88%,

1/15/2026

50,000

46,921

1.88%,

8/15/2026

35,000

31,212

Aircastle

Ltd.,

4.13%,

5/01/2024

35,000

34,267

Alexandria

Real

Estate

Equities,

Inc.,

3.80%,

4/15/2026

45,000

43,951

Allstate

Corp.

(The),

0.75%,

12/15/2025

25,000

22,484

Ally

Financial,

Inc.

5.13%,

9/30/2024

25,000

24,968

4.75%,

6/09/2027

(a)

75,000

72,661

American

Express

Co.

3.40%,

2/22/2024

35,000

34,463

2.50%,

7/30/2024

100,000

96,675

3.63%,

12/05/2024

25,000

24,545

3.13%,

5/20/2026

25,000

23,907

1.65%,

11/04/2026

25,000

22,605

2.55%,

3/04/2027

100,000

92,759

5.85%,

11/05/2027

125,000

132,256

American

International

Group,

Inc.

2.50%,

6/30/2025

51,000

48,549

3.90%,

4/01/2026

26,000

25,470

American

Tower

Corp.

2.40%,

3/15/2025

50,000

47,391

4.00%,

6/01/2025

25,000

24,448

1.30%,

9/15/2025

(a)

25,000

22,742

4.40%,

2/15/2026

25,000

24,714

2.75%,

1/15/2027

100,000

92,236

3.13%,

1/15/2027

50,000

46,758

Ameriprise

Financial,

Inc.

3.70%,

10/15/2024

50,000

49,116

3.00%,

4/02/2025

35,000

33,783

AON

Corp.

/

AON

Global

Holdings

PLC,

2.85%,

5/28/2027

50,000

46,870

AON

Global

Ltd.,

3.88%,

12/15/2025

25,000

24,493

Ares

Capital

Corp.

4.20%,

6/10/2024

10,000

9,834

4.25%,

3/01/2025

35,000

33,875

3.25%,

7/15/2025

50,000

47,072

Assured

Guaranty

US

Holdings,

Inc.,

5.00%,

7/01/2024

(a)

25,000

25,049

AvalonBay

Communities,

Inc.,

Series

G,

2.95%,

5/11/2026

50,000

47,259

Bain

Capital

Specialty

Finance,

Inc.

2.95%,

3/10/2026

25,000

22,633

2.55%,

10/13/2026

50,000

43,797

Banco

Santander

SA

2.75%,

5/28/2025

200,000

189,234

1.85%,

3/25/2026

100,000

90,070

5.29%,

8/18/2027

100,000

100,094

Bank

of

America

Corp.

3.46%,

3/15/2025

275,000

269,725

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

(continued)

0.98%,

4/22/2025

150,000

142,179

3.88%,

8/01/2025

55,000

54,210

1.53%,

12/06/2025

200,000

186,812

3.37%,

1/23/2026

25,000

24,160

2.02%,

2/13/2026

50,000

46,923

4.45%,

3/03/2026

100,000

99,116

3.38%,

4/02/2026

200,000

193,398

1.32%,

6/19/2026

100,000

91,575

4.25%,

10/22/2026

100,000

98,140

1.20%,

10/24/2026

150,000

135,299

Series

N,

1.66%,

3/11/2027

75,000

67,722

3.56%,

4/23/2027

75,000

71,819

1.73%,

7/22/2027

125,000

111,995

3.82%,

1/20/2028

100,000

96,143

4.38%,

4/27/2028

160,000

156,482

4.95%,

7/22/2028

100,000

100,251

3.42%,

12/20/2028

100,000

93,571

Bank

of

Montreal

Series

E,

3.30%,

2/05/2024

50,000

49,217

0.63%,

7/09/2024

150,000

141,172

1.85%,

5/01/2025

50,000

47,030

1.25%,

9/15/2026

135,000

119,885

Series

H,

4.70%,

9/14/2027

75,000

75,196

Bank

of

Nova

Scotia

(The)

3.40%,

2/11/2024

200,000

197,092

1.30%,

6/11/2025

(a)

30,000

27,721

1.05%,

3/02/2026

85,000

76,117

1.30%,

9/15/2026

100,000

88,702

BankUnited

,

Inc.,

4.88%,

11/17/2025

25,000

24,791

Barclays

PLC

3.65%,

3/16/2025

100,000

97,272

4.38%,

1/12/2026

50,000

49,115

5.20%,

5/12/2026

250,000

248,874

5.30%,

8/09/2026

50,000

50,204

Berkshire

Hathaway,

Inc.,

3.13%,

3/15/2026

100,000

97,150

BGC

Partners,

Inc.,

3.75%,

10/01/2024

10,000

9,643

BlackRock,

Inc.,

3.50%,

3/18/2024

25,000

24,689

Blackstone

Private

Credit

Fund

2.35%,

11/22/2024

25,000

23,423

3.25%,

3/15/2027

75,000

65,710

Blackstone

Secured

Lending

Fund,

2.75%,

9/16/2026

75,000

66,541

Boston

Properties

LP,

3.65%,

2/01/2026

50,000

48,240

Brixmor

Operating

Partnership

LP

3.65%,

6/15/2024

80,000

77,734

3.85%,

2/01/2025

25,000

24,213

Brookfield

Finance,

Inc.,

4.00%,

4/01/2024

50,000

49,388

Canadian

Imperial

Bank

of

Commerce

2.25%,

1/28/2025

175,000

166,441

0.95%,

10/23/2025

25,000

22,731

1.25%,

6/22/2026

25,000

22,357

Capital

One

Financial

Corp.

3.75%,

4/24/2024

25,000

24,656

3.30%,

10/30/2024

50,000

48,597

4.25%,

4/30/2025

25,000

24,667

4.20%,

10/29/2025

25,000

24,456

3.75%,

7/28/2026

25,000

23,942

3.65%,

5/11/2027

60,000

57,406

1.88%,

11/02/2027

100,000

88,496

73

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

(continued)

Charles

Schwab

Corp.

(The)

3.75%,

4/01/2024

35,000

34,585

0.90%,

3/11/2026

175,000

156,740

1.15%,

5/13/2026

15,000

13,480

Chubb

INA

Holdings,

Inc.,

3.35%,

5/15/2024

65,000

63,953

Citigroup,

Inc.

3.35%,

4/24/2025

150,000

146,728

3.30%,

4/27/2025

25,000

24,227

4.40%,

6/10/2025

125,000

124,076

5.50%,

9/13/2025

115,000

116,703

3.70%,

1/12/2026

75,000

73,297

4.60%,

3/09/2026

35,000

34,789

3.11%,

4/08/2026

100,000

95,855

3.40%,

5/01/2026

100,000

96,295

3.20%,

10/21/2026

100,000

94,728

1.12%,

1/28/2027

25,000

22,277

1.46%,

6/09/2027

75,000

66,790

3.89%,

1/10/2028

100,000

96,089

3.07%,

2/24/2028

155,000

144,069

3.67%,

7/24/2028

200,000

189,385

Citizens

Financial

Group,

Inc.,

2.85%,

7/27/2026

35,000

32,830

CME

Group,

Inc.,

3.00%,

3/15/2025

75,000

73,038

CNA

Financial

Corp.,

3.95%,

5/15/2024

50,000

49,330

Cooperatieve

Rabobank

UA,

3.75%,

7/21/2026

250,000

239,023

Corebridge

Financial,

Inc.,

3.50%,

4/04/2025

(b)

100,000

96,679

Credit

Suisse

AG,

1.25%,

8/07/2026

250,000

210,050

Credit

Suisse

Group

AG,

3.75%,

3/26/2025

275,000

258,962

Crown

Castle,

Inc.

3.20%,

9/01/2024

(a)

90,000

87,658

1.05%,

7/15/2026

50,000

44,112

Deutsche

Bank

AG

0.90%,

5/28/2024

100,000

94,652

4.10%,

1/13/2026

25,000

24,492

1.69%,

3/19/2026

100,000

91,452

2.31%,

11/16/2027

150,000

133,388

Discover

Financial

Services,

4.50%,

1/30/2026

110,000

108,768

EPR

Properties,

4.50%,

4/01/2025

25,000

24,185

Equinix

,

Inc.

2.63%,

11/18/2024

10,000

9,606

1.25%,

7/15/2025

30,000

27,485

1.00%,

9/15/2025

35,000

31,636

1.45%,

5/15/2026

35,000

31,412

ERP

Operating

LP,

3.38%,

6/01/2025

40,000

38,794

Essex

Portfolio

LP

3.88%,

5/01/2024

25,000

24,570

3.63%,

5/01/2027

50,000

47,887

Fifth

Third

Bancorp,

2.55%,

5/05/2027

35,000

32,316

First-Citizens

Bank

&

Trust

Co.,

2.97%,

9/27/2025

50,000

47,887

Franklin

Resources,

Inc.,

2.85%,

3/30/2025

35,000

33,663

FS

KKR

Capital

Corp.,

3.40%,

1/15/2026

100,000

91,380

GLP

Capital

LP

/

GLP

Financing

II,

Inc.

5.25%,

6/01/2025

25,000

24,812

5.38%,

4/15/2026

85,000

84,911

Goldman

Sachs

BDC,

Inc.,

3.75%,

2/10/2025

(a)

25,000

24,290

Goldman

Sachs

Group,

Inc.

(The)

3.63%,

2/20/2024

35,000

34,520

4.00%,

3/03/2024

50,000

49,523

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

(continued)

3.85%,

7/08/2024

25,000

24,645

3.50%,

1/23/2025

25,000

24,358

3.50%,

4/01/2025

50,000

48,554

3.75%,

5/22/2025

50,000

48,862

4.25%,

10/21/2025

110,000

108,310

0.86%,

2/12/2026

135,000

123,700

3.50%,

11/16/2026

200,000

192,067

1.09%,

12/09/2026

35,000

31,295

1.43%,

3/09/2027

50,000

44,756

1.54%,

9/10/2027

25,000

22,068

1.95%,

10/21/2027

150,000

134,231

2.64%,

2/24/2028

200,000

183,325

3.69%,

6/05/2028

150,000

143,070

4.48%,

8/23/2028

50,000

49,166

Golub

Capital

BDC,

Inc.,

2.50%,

8/24/2026

25,000

21,936

Hanover

Insurance

Group,

Inc.

(The),

4.50%,

4/15/2026

50,000

49,527

Healthcare

Realty

Holdings

LP,

3.75%,

7/01/2027

25,000

23,732

Healthpeak

Properties,

Inc.

4.00%,

6/01/2025

20,000

19,641

1.35%,

2/01/2027

50,000

44,514

Host

Hotels

&

Resorts

LP

3.88%,

4/01/2024

25,000

24,564

Series

E,

4.00%,

6/15/2025

20,000

19,494

HSBC

Holdings

PLC

3.80%,

3/11/2025

200,000

196,332

3.90%,

5/25/2026

200,000

193,124

4.29%,

9/12/2026

300,000

292,117

1.59%,

5/24/2027

200,000

177,378

4.76%,

6/09/2028

200,000

196,635

HSBC

USA,

Inc.,

3.50%,

6/23/2024

50,000

49,061

Huntington

Bancshares,

Inc.,

2.63%,

8/06/2024

100,000

96,724

ING

Groep

NV

4.10%,

10/02/2023

75,000

74,534

4.02%,

3/28/2028

250,000

239,800

Intercontinental

Exchange,

Inc.

3.75%,

12/01/2025

10,000

9,833

4.00%,

9/15/2027

100,000

98,697

Invesco

Finance

PLC,

3.75%,

1/15/2026

25,000

24,575

JPMorgan

Chase

&

Co.

3.88%,

2/01/2024

25,000

24,774

3.63%,

5/13/2024

110,000

108,899

3.88%,

9/10/2024

110,000

108,339

3.13%,

1/23/2025

50,000

48,724

0.56%,

2/16/2025

25,000

23,772

3.22%,

3/01/2025

130,000

127,197

0.82%,

6/01/2025

80,000

75,299

3.90%,

7/15/2025

40,000

39,470

2.30%,

10/15/2025

60,000

57,112

2.01%,

3/13/2026

125,000

117,551

2.08%,

4/22/2026

50,000

46,957

3.20%,

6/15/2026

50,000

47,965

2.95%,

10/01/2026

100,000

95,249

1.05%,

11/19/2026

50,000

44,798

4.13%,

12/15/2026

100,000

99,032

3.96%,

1/29/2027

50,000

48,852

1.04%,

2/04/2027

50,000

44,567

1.58%,

4/22/2027

50,000

44,940

74

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

(continued)

1.47%,

9/22/2027

100,000

88,690

3.78%,

2/01/2028

100,000

96,155

4.32%,

4/26/2028

250,000

244,536

3.54%,

5/01/2028

150,000

142,100

KeyCorp

4.15%,

10/29/2025

75,000

74,395

2.25%,

4/06/2027

75,000

68,547

Kimco

Realty

Op

LLC,

2.80%,

10/01/2026

50,000

46,468

Kite

Realty

Group

LP,

4.00%,

10/01/2026

50,000

46,960

Legg

Mason,

Inc.,

4.75%,

3/15/2026

50,000

50,322

Lincoln

National

Corp.,

3.35%,

3/09/2025

10,000

9,719

Lloyds

Banking

Group

PLC

4.45%,

5/08/2025

250,000

246,791

4.65%,

3/24/2026

100,000

98,527

Loews

Corp.,

3.75%,

4/01/2026

50,000

48,905

M&T

Bank

Corp.,

4.55%,

8/16/2028

100,000

100,118

Manulife

Financial

Corp.

4.15%,

3/04/2026

25,000

24,722

2.48%,

5/19/2027

50,000

46,214

Marsh

&

McLennan

Cos.,

Inc.,

3.88%,

3/15/2024

25,000

24,739

Mastercard

,

Inc.

3.38%,

4/01/2024

25,000

24,651

3.30%,

3/26/2027

80,000

77,749

MID-America

Apartments

LP,

1.10%,

9/15/2026

70,000

61,923

Mitsubishi

UFJ

Financial

Group,

Inc.

3.41%,

3/07/2024

100,000

98,412

3.78%,

3/02/2025

200,000

195,707

2.34%,

1/19/2028

200,000

180,600

5.35%,

9/13/2028

200,000

203,165

Mizuho

Financial

Group,

Inc.,

2.23%,

5/25/2026

200,000

185,995

Morgan

Stanley

Series

F,

3.88%,

4/29/2024

200,000

197,799

3.70%,

10/23/2024

50,000

49,152

0.79%,

5/30/2025

50,000

46,958

2.72%,

7/22/2025

50,000

48,306

4.00%,

7/23/2025

50,000

49,219

Series

I,

0.86%,

10/21/2025

25,000

23,197

1.16%,

10/21/2025

225,000

209,629

5.00%,

11/24/2025

105,000

105,484

3.88%,

1/27/2026

45,000

43,963

2.19%,

4/28/2026

75,000

70,461

3.13%,

7/27/2026

75,000

71,108

Series

G,

4.35%,

9/08/2026

75,000

73,688

0.99%,

12/10/2026

50,000

44,505

3.63%,

1/20/2027

50,000

48,447

3.95%,

4/23/2027

50,000

48,321

1.59%,

5/04/2027

50,000

44,915

1.51%,

7/20/2027

75,000

66,862

2.48%,

1/21/2028

100,000

91,197

3.59%,

7/22/2028

120,000

113,630

National

Australia

Bank

Ltd.

4.97%,

1/12/2026

250,000

253,122

2.50%,

7/12/2026

50,000

46,645

National

Retail

Properties,

Inc.,

4.00%,

11/15/2025

25,000

24,457

NatWest

Group

PLC

4.80%,

4/05/2026

25,000

24,928

3.75%,

11/01/2029

200,000

187,949

Nomura

Holdings,

Inc.,

2.33%,

1/22/2027

200,000

179,827

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

(continued)

Northern

Trust

Corp.,

3.95%,

10/30/2025

25,000

24,576

OMEGA

Healthcare

Investors,

Inc.

4.50%,

1/15/2025

35,000

34,387

4.50%,

4/01/2027

50,000

48,091

ORIX

Corp.

3.70%,

7/18/2027

10,000

9,657

5.00%,

9/13/2027

(a)

100,000

101,999

Owl

Rock

Capital

Corp.

3.75%,

7/22/2025

35,000

32,999

4.25%,

1/15/2026

25,000

23,535

3.40%,

7/15/2026

25,000

22,619

PNC

Financial

Services

Group,

Inc.

(The)

2.20%,

11/01/2024

75,000

72,184

2.60%,

7/23/2026

100,000

94,010

1.15%,

8/13/2026

50,000

44,568

5.35%,

12/02/2028

100,000

102,753

Principal

Financial

Group,

Inc.,

3.10%,

11/15/2026

50,000

47,194

ProLogis

LP,

2.13%,

4/15/2027

30,000

27,478

Prospect

Capital

Corp.,

3.71%,

1/22/2026

50,000

45,679

Prudential

Financial,

Inc.,

1.50%,

3/10/2026

100,000

91,288

Public

Storage,

1.50%,

11/09/2026

35,000

31,663

Radian

Group,

Inc.,

4.88%,

3/15/2027

50,000

47,547

Realty

Income

Corp.

4.60%,

2/06/2024

25,000

24,904

3.88%,

4/15/2025

25,000

24,535

4.63%,

11/01/2025

60,000

59,831

3.95%,

8/15/2027

30,000

29,266

Regions

Financial

Corp.,

2.25%,

5/18/2025

(a)

50,000

47,240

Royal

Bank

of

Canada

2.25%,

11/01/2024

100,000

95,977

1.15%,

6/10/2025

30,000

27,680

1.20%,

4/27/2026

20,000

18,032

Series

G,

1.15%,

7/14/2026

35,000

31,325

Series

G,

1.40%,

11/02/2026

100,000

89,008

3.63%,

5/04/2027

100,000

96,654

6.00%,

11/01/2027

100,000

105,553

Sabra

Health

Care

LP,

5.13%,

8/15/2026

50,000

48,292

Santander

Holdings

USA,

Inc.

3.50%,

6/07/2024

25,000

24,412

4.50%,

7/17/2025

25,000

24,676

3.24%,

10/05/2026

85,000

79,942

Santander

UK

Group

Holdings

PLC,

1.53%,

8/21/2026

100,000

89,836

Santander

UK

PLC,

4.00%,

3/13/2024

100,000

98,971

Simon

Property

Group

LP

3.38%,

10/01/2024

25,000

24,448

3.50%,

9/01/2025

(a)

25,000

24,293

3.30%,

1/15/2026

35,000

33,665

1.38%,

1/15/2027

(a)

50,000

44,593

SITE

Centers

Corp.,

3.63%,

2/01/2025

50,000

47,735

State

Street

Corp.

3.55%,

8/18/2025

30,000

29,409

2.35%,

11/01/2025

50,000

48,037

2.65%,

5/19/2026

25,000

23,781

1.68%,

11/18/2027

25,000

22,572

Stifel

Financial

Corp.,

4.25%,

7/18/2024

10,000

9,876

75

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

(continued)

Sumitomo

Mitsui

Financial

Group,

Inc.

2.35%,

1/15/2025

200,000

190,597

0.95%,

1/12/2026

200,000

178,631

3.78%,

3/09/2026

50,000

48,720

2.63%,

7/14/2026

85,000

78,942

3.01%,

10/19/2026

50,000

47,134

Synchrony

Financial

4.38%,

3/19/2024

110,000

108,760

4.50%,

7/23/2025

40,000

38,916

3.70%,

8/04/2026

35,000

32,660

Tanger

Properties

LP,

3.88%,

7/15/2027

50,000

46,841

Toronto-Dominion

Bank

(The)

0.55%,

3/04/2024

135,000

129,076

2.65%,

6/12/2024

100,000

97,322

0.70%,

9/10/2024

50,000

46,879

1.15%,

6/12/2025

30,000

27,600

0.75%,

9/11/2025

(a)

50,000

45,302

1.25%,

9/10/2026

35,000

31,090

1.95%,

1/12/2027

100,000

91,109

4.11%,

6/08/2027

100,000

98,284

Trinity

Acquisition

PLC,

4.40%,

3/15/2026

50,000

49,224

Truist

Bank

2.15%,

12/06/2024

50,000

47,873

3.63%,

9/16/2025

100,000

97,140

Truist

Financial

Corp.

2.85%,

10/26/2024

50,000

48,715

3.70%,

6/05/2025

5,000

4,903

1.20%,

8/05/2025

55,000

50,692

1.27%,

3/02/2027

25,000

22,625

4.12%,

6/06/2028

160,000

156,362

US

Bancorp

3.38%,

2/05/2024

100,000

98,550

3.60%,

9/11/2024

25,000

24,663

3.95%,

11/17/2025

35,000

34,634

Series

V,

2.38%,

7/22/2026

10,000

9,378

2.22%,

1/27/2028

130,000

119,200

US

Bank

NA,

2.80%,

1/27/2025

100,000

96,957

Ventas

Realty

LP

3.50%,

4/15/2024

50,000

48,918

2.65%,

1/15/2025

25,000

23,863

Vici

Properties

LP,

4.38%,

5/15/2025

50,000

48,926

Visa,

Inc.

3.15%,

12/14/2025

50,000

48,561

1.90%,

4/15/2027

100,000

91,739

Voya

Financial,

Inc.,

3.65%,

6/15/2026

50,000

48,100

Wells

Fargo

&

Co.

3.30%,

9/09/2024

50,000

48,898

3.00%,

2/19/2025

25,000

24,126

0.81%,

5/19/2025

15,000

14,196

2.41%,

10/30/2025

50,000

47,750

2.16%,

2/11/2026

285,000

268,908

3.00%,

4/22/2026

35,000

33,235

3.91%,

4/25/2026

125,000

122,087

2.19%,

4/30/2026

175,000

164,640

3.00%,

10/23/2026

100,000

94,340

3.20%,

6/17/2027

100,000

94,667

3.53%,

3/24/2028

150,000

142,587

3.58%,

5/22/2028

100,000

95,045

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Financial

–

47.2%

(continued)

4.81%,

7/25/2028

150,000

149,709

Welltower

Op

LLC

4.00%,

6/01/2025

20,000

19,573

4.25%,

4/01/2026

65,000

63,773

Western

Union

Co.

(The),

2.85%,

1/10/2025

50,000

48,051

Westpac

Banking

Corp.

3.30%,

2/26/2024

50,000

49,266

1.02%,

11/18/2024

100,000

93,861

1.15%,

6/03/2026

50,000

44,760

2.70%,

8/19/2026

40,000

37,640

3.35%,

3/08/2027

75,000

72,023

5.46%,

11/18/2027

75,000

78,146

25,769,896

Industrial

–

6.6%

3M

Co.

3.25%,

2/14/2024

25,000

24,589

2.00%,

2/14/2025

75,000

71,353

2.25%,

9/19/2026

(a)

25,000

23,282

Amcor

Finance

USA,

Inc.,

3.63%,

4/28/2026

50,000

48,020

Avnet,

Inc.,

4.63%,

4/15/2026

50,000

48,952

Berry

Global,

Inc.,

0.95%,

2/15/2024

50,000

47,798

Boeing

Co.

(The)

1.95%,

2/01/2024

50,000

48,478

4.88%,

5/01/2025

70,000

70,011

2.75%,

2/01/2026

125,000

117,861

2.20%,

2/04/2026

275,000

253,920

Burlington

Northern

Santa

Fe

LLC

3.75%,

4/01/2024

50,000

49,500

3.65%,

9/01/2025

15,000

14,678

3.25%,

6/15/2027

(a)

50,000

48,212

Canadian

Pacific

Railway

Co.,

1.75%,

12/02/2026

35,000

31,683

Carrier

Global

Corp.

2.24%,

2/15/2025

7,000

6,646

2.49%,

2/15/2027

100,000

92,458

Caterpillar

Financial

Services

Corp.

0.45%,

5/17/2024

20,000

18,963

3.25%,

12/01/2024

123,000

120,593

0.80%,

11/13/2025

25,000

22,679

1.15%,

9/14/2026

50,000

44,743

3.60%,

8/12/2027

50,000

48,807

CNH

Industrial

Capital

LLC

3.95%,

5/23/2025

50,000

48,962

1.88%,

1/15/2026

25,000

23,142

CSX

Corp.

3.35%,

11/01/2025

25,000

24,226

3.25%,

6/01/2027

30,000

28,699

Emerson

Electric

Co.,

1.80%,

10/15/2027

50,000

44,647

FedEx

Corp.,

3.25%,

4/01/2026

25,000

24,117

Flex

Ltd.,

4.75%,

6/15/2025

20,000

19,821

GATX

Corp.,

3.25%,

9/15/2026

50,000

47,254

General

Dynamics

Corp.

2.38%,

11/15/2024

25,000

24,071

3.25%,

4/01/2025

25,000

24,390

3.50%,

5/15/2025

15,000

14,703

1.15%,

6/01/2026

50,000

45,178

Honeywell

International,

Inc.

1.35%,

6/01/2025

25,000

23,331

76

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Industrial

–

6.6%

(continued)

2.50%,

11/01/2026

50,000

47,110

1.10%,

3/01/2027

50,000

44,382

Jabil,

Inc.,

1.70%,

4/15/2026

75,000

67,754

JB

Hunt

Transport

Services,

Inc.,

3.88%,

3/01/2026

30,000

29,445

John

Deere

Capital

Corp.

2.65%,

6/24/2024

90,000

87,581

0.70%,

1/15/2026

100,000

90,025

2.65%,

6/10/2026

25,000

23,677

1.05%,

6/17/2026

25,000

22,526

2.25%,

9/14/2026

25,000

23,385

1.30%,

10/13/2026

25,000

22,430

2.35%,

3/08/2027

(a)

50,000

46,453

1.75%,

3/09/2027

50,000

45,538

Legrand

France

SA,

8.50%,

2/15/2025

35,000

37,824

Lennox

International,

Inc.,

1.70%,

8/01/2027

50,000

43,767

Lockheed

Martin

Corp.,

3.55%,

1/15/2026

26,000

25,563

Northrop

Grumman

Corp.,

2.93%,

1/15/2025

75,000

72,634

Otis

Worldwide

Corp.,

2.06%,

4/05/2025

25,000

23,583

Owens

Corning,

3.40%,

8/15/2026

25,000

23,627

Packaging

Corp.

of

America,

3.65%,

9/15/2024

40,000

39,163

Parker-Hannifin

Corp.,

3.65%,

6/15/2024

125,000

122,876

Raytheon

Technologies

Corp.

3.20%,

3/15/2024

20,000

19,663

3.95%,

8/16/2025

150,000

148,170

Republic

Services,

Inc.

2.50%,

8/15/2024

30,000

28,948

0.88%,

11/15/2025

125,000

112,678

Ryder

System,

Inc.

2.50%,

9/01/2024

25,000

23,992

3.35%,

9/01/2025

25,000

23,892

4.30%,

6/15/2027

75,000

73,365

Stanley

Black

&

Decker,

Inc.,

4.00%,

3/15/2060

25,000

21,950

Teledyne

Technologies,

Inc.,

1.60%,

4/01/2026

25,000

22,831

Trane

Technologies

Luxembourg

Finance

SA,

3.50%,

3/21/2026

50,000

48,053

Tyco

Electronics

Group

SA,

3.70%,

2/15/2026

50,000

49,056

Union

Pacific

Corp.

3.65%,

2/15/2024

32,000

31,611

3.15%,

3/01/2024

25,000

24,577

2.75%,

3/01/2026

50,000

47,735

United

Parcel

Service,

Inc.

2.20%,

9/01/2024

15,000

14,460

2.80%,

11/15/2024

(a)

25,000

24,323

2.40%,

11/15/2026

50,000

47,149

Vontier

Corp.,

1.80%,

4/01/2026

50,000

43,491

Vulcan

Materials

Co.

4.50%,

4/01/2025

25,000

24,869

3.90%,

4/01/2027

25,000

24,242

Waste

Management,

Inc.,

0.75%,

11/15/2025

25,000

22,681

Westinghouse

Air

Brake

Technologies

Corp.,

3.20%,

6/15/2025

75,000

70,912

WRKCo

,

Inc.

3.00%,

9/15/2024

40,000

38,610

3.75%,

3/15/2025

25,000

24,375

3,596,743

Technology

–

7.6%

Activision

Blizzard,

Inc.,

3.40%,

6/15/2027

50,000

48,032

Adobe,

Inc.,

2.15%,

2/01/2027

75,000

69,735

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Technology

–

7.6%

(continued)

Analog

Devices,

Inc.,

2.95%,

4/01/2025

50,000

48,485

Apple,

Inc.

3.45%,

5/06/2024

50,000

49,497

2.85%,

5/11/2024

125,000

122,377

1.80%,

9/11/2024

25,000

23,963

2.75%,

1/13/2025

50,000

48,511

2.50%,

2/09/2025

50,000

48,259

1.13%,

5/11/2025

75,000

69,870

3.20%,

5/13/2025

35,000

34,180

0.55%,

8/20/2025

(a)

25,000

22,745

0.70%,

2/08/2026

25,000

22,534

3.25%,

2/23/2026

75,000

72,865

2.45%,

8/04/2026

35,000

33,024

2.05%,

9/11/2026

50,000

46,412

3.35%,

2/09/2027

150,000

145,875

Applied

Materials,

Inc.,

3.30%,

4/01/2027

50,000

48,363

AutoDesk

,

Inc.,

4.38%,

6/15/2025

25,000

24,847

Broadcom,

Inc.

3.63%,

10/15/2024

45,000

44,125

3.15%,

11/15/2025

25,000

23,924

3.46%,

9/15/2026

75,000

71,693

CDW

LLC

/

CDW

Finance

Corp.,

4.13%,

5/01/2025

100,000

96,837

Dell

International

LLC

/

EMC

Corp.

5.85%,

7/15/2025

25,000

25,484

6.02%,

6/15/2026

100,000

102,857

4.90%,

10/01/2026

50,000

49,795

Electronic

Arts,

Inc.,

4.80%,

3/01/2026

5,000

5,036

Fidelity

National

Information

Services,

Inc.,

1.15%,

3/01/2026

35,000

31,242

Fiserv,

Inc.

2.75%,

7/01/2024

110,000

106,591

3.20%,

7/01/2026

25,000

23,760

2.25%,

6/01/2027

40,000

36,437

Genpact

Luxembourg

Sarl

,

3.38%,

12/01/2024

10,000

9,628

Hewlett

Packard

Enterprise

Co.

1.45%,

4/01/2024

25,000

24,044

4.90%,

10/15/2025

25,000

24,996

1.75%,

4/01/2026

100,000

91,182

HP,

Inc.,

2.20%,

6/17/2025

70,000

65,885

Intel

Corp.

3.40%,

3/25/2025

(a)

25,000

24,417

3.70%,

7/29/2025

80,000

78,335

3.75%,

8/05/2027

90,000

87,990

International

Business

Machines

Corp.

3.38%,

8/01/2023

25,000

24,813

3.00%,

5/15/2024

100,000

97,715

7.00%,

10/30/2025

25,000

26,721

3.30%,

5/15/2026

100,000

96,525

2.20%,

2/09/2027

150,000

137,753

KLA

Corp.,

4.65%,

11/01/2024

60,000

59,749

Kyndryl

Holdings,

Inc.,

2.05%,

10/15/2026

25,000

21,556

LAM

Research

Corp.

3.80%,

3/15/2025

25,000

24,622

3.75%,

3/15/2026

25,000

24,505

Leidos

,

Inc.,

3.63%,

5/15/2025

10,000

9,713

Marvell

Technology,

Inc.,

1.65%,

4/15/2026

25,000

22,517

Microchip

Technology,

Inc.,

0.97%,

2/15/2024

100,000

95,734

77

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Technology

–

7.6%

(continued)

Microsoft

Corp.

2.70%,

2/12/2025

25,000

24,293

3.13%,

11/03/2025

35,000

34,096

2.40%,

8/08/2026

110,000

103,777

3.30%,

2/06/2027

150,000

146,068

NetApp,

Inc.,

1.88%,

6/22/2025

25,000

23,252

NVIDIA

Corp.,

3.20%,

9/16/2026

50,000

48,354

Oracle

Corp.

3.40%,

7/08/2024

50,000

48,984

2.95%,

11/15/2024

75,000

72,556

2.50%,

4/01/2025

50,000

47,678

2.95%,

5/15/2025

40,000

38,424

1.65%,

3/25/2026

150,000

136,813

2.65%,

7/15/2026

75,000

70,243

2.80%,

4/01/2027

25,000

23,155

3.25%,

11/15/2027

100,000

94,101

QUALCOMM,

Inc.

2.90%,

5/20/2024

50,000

48,971

3.25%,

5/20/2027

80,000

77,103

Roper

Technologies,

Inc.

2.35%,

9/15/2024

20,000

19,196

1.00%,

9/15/2025

50,000

45,605

Take-Two

Interactive

Software,

Inc.

3.30%,

3/28/2024

40,000

39,204

3.70%,

4/14/2027

30,000

28,771

Texas

Instruments,

Inc.,

1.38%,

3/12/2025

50,000

46,987

TSMC

Arizona

Corp.,

1.75%,

10/25/2026

25,000

22,566

VMware,

Inc.

1.00%,

8/15/2024

50,000

46,943

1.40%,

8/15/2026

50,000

44,307

3.90%,

8/21/2027

30,000

28,840

Western

Digital

Corp.,

4.75%,

2/15/2026

100,000

96,589

Xilinx,

Inc.,

2.95%,

6/01/2024

40,000

39,085

4,141,716

Utilities

–

5.1%

AEP

Transmission

Co.

LLC,

3.10%,

12/01/2026

50,000

47,627

AES

Corp.

(The),

1.38%,

1/15/2026

75,000

67,571

Ameren

Corp.,

2.50%,

9/15/2024

40,000

38,508

Avangrid

,

Inc.

3.15%,

12/01/2024

15,000

14,503

3.20%,

4/15/2025

20,000

19,224

Berkshire

Hathaway

Energy

Co.,

4.05%,

4/15/2025

25,000

24,699

Black

Hills

Corp.,

3.95%,

1/15/2026

10,000

9,710

CenterPoint

Energy,

Inc.,

1.45%,

6/01/2026

10,000

9,038

Cleveland

Electric

Illuminating

Co.

(The),

5.50%,

8/15/2024

10,000

10,102

CMS

Energy

Corp.,

3.00%,

5/15/2026

10,000

9,454

Connecticut

Light

&

Power

Co.

(The),

Series

A,

0.75%,

12/01/2025

30,000

27,022

Dominion

Energy,

Inc.

3.07%,

8/15/2024

(c)

60,000

58,187

Series

D,

2.85%,

8/15/2026

50,000

46,850

DTE

Energy

Co.

Series

C,

2.53%,

10/01/2024

(c)

25,000

24,066

Series

F,

1.05%,

6/01/2025

50,000

45,831

2.85%,

10/01/2026

25,000

23,385

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Utilities

–

5.1%

(continued)

Duke

Energy

Corp.

3.75%,

4/15/2024

50,000

49,344

2.65%,

9/01/2026

50,000

46,776

Duke

Energy

Florida

LLC,

3.20%,

1/15/2027

75,000

72,062

Duke

Energy

Progress

LLC,

3.25%,

8/15/2025

50,000

48,461

Eastern

Energy

Gas

Holdings

LLC,

Series

A,

2.50%,

11/15/2024

25,000

24,098

Edison

International,

3.55%,

11/15/2024

45,000

43,807

Emera

US

Finance

LP,

3.55%,

6/15/2026

25,000

23,707

Entergy

Corp.,

2.95%,

9/01/2026

60,000

56,594

Entergy

Louisiana

LLC,

5.59%,

10/01/2024

35,000

35,415

Evergy

Kansas

Central,

Inc.,

2.55%,

7/01/2026

25,000

23,332

Evergy

,

Inc.,

2.45%,

9/15/2024

25,000

23,966

Eversource

Energy

Series

L,

2.90%,

10/01/2024

10,000

9,732

Series

Q,

0.80%,

8/15/2025

25,000

22,547

Series

U,

1.40%,

8/15/2026

50,000

44,796

Exelon

Corp.

3.95%,

6/15/2025

25,000

24,611

3.40%,

4/15/2026

20,000

19,223

2.75%,

3/15/2027

100,000

93,372

Florida

Power

&

Light

Co.

3.25%,

6/01/2024

50,000

49,071

2.85%,

4/01/2025

65,000

62,690

3.13%,

12/01/2025

25,000

24,223

Fortis,

Inc.,

3.06%,

10/04/2026

50,000

46,899

Iberdrola

International

BV,

5.81%,

3/15/2025

35,000

35,756

Interstate

Power

&

Light

Co.,

3.25%,

12/01/2024

15,000

14,590

IPALCO

Enterprises,

Inc.,

3.70%,

9/01/2024

25,000

24,364

National

Rural

Utilities

Cooperative

Finance

Corp.

2.95%,

2/07/2024

25,000

24,514

3.25%,

11/01/2025

85,000

81,434

NextEra

Energy

Capital

Holdings,

Inc.

2.94%,

3/21/2024

60,000

58,784

1.88%,

1/15/2027

75,000

67,720

4.63%,

7/15/2027

50,000

50,081

NiSource,

Inc.,

0.95%,

8/15/2025

75,000

68,416

Oncor

Electric

Delivery

Co.

LLC,

2.75%,

6/01/2024

25,000

24,364

Pacific

Gas

&

Electric

Co.

3.45%,

7/01/2025

50,000

47,933

3.15%,

1/01/2026

100,000

94,680

3.30%,

3/15/2027

50,000

46,269

Public

Service

Electric

&

Gas

Co.,

0.95%,

3/15/2026

100,000

90,172

Public

Service

Enterprise

Group,

Inc.

2.88%,

6/15/2024

10,000

9,722

0.80%,

8/15/2025

35,000

31,772

San

Diego

Gas

&

Electric

Co.,

2.50%,

5/15/2026

10,000

9,383

Southern

California

Edison

Co.,

Series

D,

4.70%,

6/01/2027

75,000

75,367

Southern

California

Gas

Co.

Series

TT,

2.60%,

6/15/2026

10,000

9,387

2.95%,

4/15/2027

80,000

75,712

Southern

Co.

(The)

Series

21-A,

0.60%,

2/26/2024

50,000

47,745

3.25%,

7/01/2026

65,000

61,851

78

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.8%

(continued)

Utilities

–

5.1%

(continued)

5.11%,

8/01/2027

80,000

81,167

Series

B,

4.00%,

1/15/2051

25,000

23,771

Southern

Power

Co.,

0.90%,

1/15/2026

35,000

31,414

Southwestern

Electric

Power

Co.,

Series

N,

1.65%,

3/15/2026

85,000

77,379

Union

Electric

Co.,

2.95%,

6/15/2027

50,000

47,554

Virginia

Electric

&

Power

Co.

Series

A,

3.10%,

5/15/2025

10,000

9,666

Series

A,

3.15%,

1/15/2026

25,000

24,240

Series

B,

3.75%,

5/15/2027

30,000

29,251

Wec

Energy

Group,

Inc.,

5.15%,

10/01/2027

50,000

51,157

Wisconsin

Electric

Power

Co.,

2.05%,

12/15/2024

20,000

19,079

Xcel

Energy,

Inc.,

3.30%,

6/01/2025

30,000

29,005

2,794,202

Total

Corporate

Bonds

(cost

$56,896,970)

53,946,059

Shares

Investment

Companies

–

2.9%

Registered

Investment

Companies

–

2.9%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(d)(e)

(cost

$1,584,998)

1,584,998

1,584,998

Investment

of

Cash

Collateral

for

Securities

Loaned

–

1.9%

Registered

Investment

Companies

–

1.9%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(d)(e)

(cost

$1,019,788)

1,019,788

1,019,788

Total

Investments

(cost

$59,501,756)

103.6%

56,550,845

Liabilities,

Less

Cash

and

Receivables

(3.6)%

(1,981,506)

Net

Assets

100.0%

54,569,339

(a)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$1,087,225

and

the

value

of

the

collateral

was

$1,121,615,

consisting

of

cash

collateral

of

$1,019,788

and

U.S.

Government

&

Agency

securities

valued

at

$101,827.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(b)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2023,

these

securities

were

valued

at

$656,777

or

1.20%

of

net

assets.

(c)

Step

coupon

bond.

The

interest

rate

represents

the

coupon

rate

at

which

the

bond

will

accrue

at

a

specified

future

date.

(d)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(e)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

79

STATEMENT

OF

INVESTMENTS

January

31,

2023

(Unaudited)

BNY

Mellon

High

Yield

Beta

ETF

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

Basic

Materials

–

4.5%

Ahlstrom-Munksjo

Holding

3

Oy,

4.88%,

2/04/2028

(a)

20,000

17,134

Allegheny

Ludlum

LLC,

6.95%,

12/15/2025

20,000

19,944

AngloGold

Ashanti

Holdings

PLC,

6.50%,

4/15/2040

20,000

19,774

Arconic

Corp.

6.00%,

5/15/2025

(a)

25,000

24,875

6.13%,

2/15/2028

(a)

35,000

33,733

Ashland

LLC

3.38%,

9/01/2031

(a)

20,000

16,599

6.88%,

5/15/2043

15,000

15,208

ASP

Unifrax

Holdings,

Inc.

5.25%,

9/30/2028

(a)

45,000

38,431

7.50%,

9/30/2029

(a)(b)

15,000

10,856

ATI,

Inc.

5.88%,

12/01/2027

8,000

7,738

4.88%,

10/01/2029

15,000

13,724

5.13%,

10/01/2031

5,000

4,540

Avient

Corp.

5.75%,

5/15/2025

(a)

30,000

29,742

7.13%,

8/01/2030

(a)

25,000

25,294

Axalta

Coating

Systems

LLC,

3.38%,

2/15/2029

(a)

40,000

34,391

Axalta

Coating

Systems

LLC

/

Axalta

Coating

Systems

Dutch

Holding

B

BV,

4.75%,

6/15/2027

(a)(b)

30,000

28,342

Baffinland

Iron

Mines

Corp.

/

Baffinland

Iron

Mines

LP,

8.75%,

7/15/2026

(a)

25,000

24,381

Big

River

Steel

LLC

/

BRS

Finance

Corp.,

6.63%,

1/31/2029

(a)

42,000

41,399

Carpenter

Technology

Corp.

6.38%,

7/15/2028

10,000

9,854

7.63%,

3/15/2030

10,000

10,266

Century

Aluminum

Co.,

7.50%,

4/01/2028

(a)

10,000

8,902

Cerdia

Finanz

GMBH,

10.50%,

2/15/2027

(a)

25,000

21,207

Chemours

Co.

(The)

5.38%,

5/15/2027

23,000

21,297

5.75%,

11/15/2028

(a)

50,000

45,560

4.63%,

11/15/2029

(a)

45,000

37,584

Clearwater

Paper

Corp.

5.38%,

2/01/2025

(a)

20,000

19,529

4.75%,

8/15/2028

(a)

20,000

17,861

Cleveland-Cliffs,

Inc.

6.75%,

3/15/2026

(a)

25,000

25,386

5.88%,

6/01/2027

20,000

19,663

4.63%,

3/01/2029

(a)

3,000

2,803

4.88%,

3/01/2031

(a)(b)

5,000

4,672

6.25%,

10/01/2040

20,000

18,231

Coeur

Mining,

Inc.,

5.13%,

2/15/2029

(a)(b)

15,000

12,065

Commercial

Metals

Co.

4.13%,

1/15/2030

25,000

22,374

3.88%,

2/15/2031

24,000

20,878

4.38%,

3/15/2032

30,000

26,388

Compass

Minerals

International,

Inc.

4.88%,

7/15/2024

(a)

17,000

16,608

6.75%,

12/01/2027

(a)

30,000

29,445

Consolidated

Energy

Finance

SA

6.50%,

5/15/2026

(a)

5,000

4,650

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Basic

Materials

–

4.5%

(continued)

5.63%,

10/15/2028

(a)

20,000

17,436

Constellium

SE

5.88%,

2/15/2026

(a)

20,000

19,717

3.75%,

4/15/2029

(a)(b)

25,000

21,365

Cornerstone

Chemical

Co.,

6.75%,

8/15/2024

(a)

25,000

19,972

CVR

Partners

LP

/

CVR

Nitrogen

Finance

Corp.,

6.13%,

6/15/2028

(a)

20,000

18,162

Diamond

BC

BV,

4.63%,

10/01/2029

(a)

25,000

21,005

Domtar

Corp.,

6.75%,

10/01/2028

(a)

35,000

32,249

Element

Solutions,

Inc.,

3.88%,

9/01/2028

(a)

35,000

30,952

FMG

Resources

(August

2006)

Pty

Ltd.

5.13%,

5/15/2024

(a)

39,000

38,645

4.50%,

9/15/2027

(a)

40,000

38,050

5.88%,

4/15/2030

(a)

50,000

48,756

4.38%,

4/01/2031

(a)

80,000

70,222

6.13%,

4/15/2032

(a)

50,000

48,753

Glatfelter

Corp.,

4.75%,

11/15/2029

(a)

20,000

14,014

GPD

Cos.,

Inc.,

10.13%,

4/01/2026

(a)

20,000

17,931

HB

Fuller

Co.

4.00%,

2/15/2027

25,000

23,224

4.25%,

10/15/2028

15,000

13,281

Hecla

Mining

Co.,

7.25%,

2/15/2028

12,000

11,983

Herens

Holdco

Sarl,

4.75%,

5/15/2028

(a)

15,000

12,315

Hudbay

Minerals

Inc.

4.50%,

4/01/2026

20,000

18,425

6.13%,

4/01/2029

20,000

18,454

Illuminate

Buyer

LLC

/

Illuminate

Holdings

IV,

Inc.,

9.00%,

7/01/2028

(a)

30,000

26,854

INEOS

Quattro

Finance

2

PLC,

3.38%,

1/15/2026

(a)

30,000

27,525

Infrabuild

Australia

Pty

Ltd.,

12.00%,

10/01/2024

(a)

15,000

14,249

Ingevity

Corp.,

3.88%,

11/01/2028

(a)

50,000

43,988

Innophos

Holdings,

Inc.,

9.38%,

2/15/2028

(a)

12,000

11,844

Iris

Holdings,

Inc.

8.75%,

2/15/2026

(a)(c)

20,000

17,424

10.00%,

12/15/2028

(a)

35,000

27,481

JW

Aluminum

Continuous

Cast

Co.,

10.25%,

6/01/2026

(a)

10,000

10,121

Kaiser

Aluminum

Corp.

4.63%,

3/01/2028

(a)

18,000

16,444

4.50%,

6/01/2031

(a)

15,000

12,694

Kobe

US

Midco

2,

Inc.,

9.25%,

11/01/2026

(a)(c)

25,000

18,479

LSF11

A5

HoldCo

LLC,

6.63%,

10/15/2029

(a)

10,000

8,288

Mativ

Holdings,

Inc.,

6.88%,

10/01/2026

(a)

32,000

29,599

Mercer

International,

Inc.

5.50%,

1/15/2026

(b)

5,000

4,825

5.13%,

2/01/2029

45,000

38,504

Methanex

Corp.

4.25%,

12/01/2024

20,000

19,319

5.13%,

10/15/2027

46,000

43,973

5.25%,

12/15/2029

35,000

32,344

5.65%,

12/01/2044

10,000

8,364

Mineral

Resources

Ltd.

8.13%,

5/01/2027

(a)

45,000

45,375

8.00%,

11/01/2027

(a)

30,000

30,816

8.50%,

5/01/2030

(a)

40,000

41,430

Minerals

Technologies,

Inc.,

5.00%,

7/01/2028

(a)

35,000

32,008

New

Gold,

Inc.,

7.50%,

7/15/2027

(a)

15,000

14,005

80

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Basic

Materials

–

4.5%

(continued)

Novelis

Corp.

3.25%,

11/15/2026

(a)

20,000

18,108

4.75%,

1/30/2030

(a)

63,000

57,577

3.88%,

8/15/2031

(a)

25,000

21,073

Nufarm

Australia

Ltd.

/

Nufarm

Americas,

Inc.,

5.00%,

1/27/2030

(a)

15,000

13,679

Olin

Corp.

5.13%,

9/15/2027

21,000

20,389

5.63%,

8/01/2029

43,000

41,919

5.00%,

2/01/2030

(b)

30,000

28,356

Olympus

Water

US

Holding

Corp.

7.13%,

10/01/2027

(a)

15,000

14,689

4.25%,

10/01/2028

(a)

25,000

20,899

6.25%,

10/01/2029

(a)

15,000

12,445

Perenti

Finance

Pty,

Ltd.,

6.50%,

10/07/2025

(a)

35,000

34,545

Polar

US

Borrower

LLC

/

Schenectady

International

Group,

Inc.,

6.75%,

5/15/2026

(a)

10,000

4,574

Rain

CII

Carbon

LLC

/

CII

Carbon

Corp.,

7.25%,

4/01/2025

(a)

22,000

20,739

Rayonier

AM

Products,

Inc.

5.50%,

6/01/2024

(a)(b)

10,000

9,953

7.63%,

1/15/2026

(a)

31,000

28,911

Resolute

Forest

Products,

Inc.,

4.88%,

3/01/2026

(a)

5,000

4,956

SCIH

Salt

Holdings,

Inc.

4.88%,

5/01/2028

(a)

50,000

44,010

6.63%,

5/01/2029

(a)

35,000

29,802

SCIL

IV

LLC

/

SCIL

USA

Holdings

LLC,

5.38%,

11/01/2026

(a)

30,000

27,681

SK

Invictus

Intermediate

II

Sarl,

5.00%,

10/30/2029

(a)

40,000

33,150

SPCM

SA

3.13%,

3/15/2027

(a)

15,000

13,225

3.38%,

3/15/2030

(a)

15,000

12,703

Sylvamo

Corp.,

7.00%,

9/01/2029

(a)

20,000

19,160

Tacora

Resources,

Inc.,

8.25%,

5/15/2026

(a)

10,000

7,681

Taseko

Mines

Ltd.,

7.00%,

2/15/2026

(a)

10,000

9,477

TMS

International

Corp.,

6.25%,

4/15/2029

(a)

15,000

11,361

Trinseo

Materials

Operating

SCA

/

Trinseo

Materials

Finance,

Inc.

5.38%,

9/01/2025

(a)

20,000

17,507

5.13%,

4/01/2029

(a)

5,000

3,611

Tronox,

Inc.,

4.63%,

3/15/2029

(a)

45,000

38,475

U.S.

Steel

Corp.

6.88%,

3/01/2029

(b)

8,000

8,087

6.65%,

6/01/2037

5,000

4,823

Valvoline,

Inc.

4.25%,

2/15/2030

(a)

15,000

14,752

3.63%,

6/15/2031

(a)

35,000

29,439

Vibrantz

Technologies,

Inc.,

9.00%,

2/15/2030

(a)

30,000

23,223

WR

Grace

Holdings

LLC

5.63%,

10/01/2024

(a)

11,000

10,944

4.88%,

6/15/2027

(a)

20,000

18,660

5.63%,

8/15/2029

(a)

40,000

33,319

2,696,094

Communications

–

15.6%

Acuris

Finance

US,

Inc.

/

Acuris

Finance

Sarl,

5.00%,

5/01/2028

(a)

15,000

12,251

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Communications

–

15.6%

(continued)

Advantage

Sales

&

Marketing,

Inc.,

6.50%,

11/15/2028

(a)

45,000

34,223

Altice

Financing

SA

5.00%,

1/15/2028

(a)

50,000

42,506

5.75%,

8/15/2029

(a)

65,000

54,743

Altice

France

Holding

SA

10.50%,

5/15/2027

(a)

70,000

60,081

6.00%,

2/15/2028

(a)

50,000

33,783

Altice

France

SA

8.13%,

2/01/2027

(a)

90,000

84,350

5.50%,

1/15/2028

(a)

47,000

39,015

5.13%,

1/15/2029

(a)

20,000

15,661

5.13%,

7/15/2029

(a)

115,000

90,316

5.50%,

10/15/2029

(a)

85,000

67,138

AMC

Networks,

Inc.

5.00%,

4/01/2024

15,000

14,468

4.75%,

8/01/2025

42,000

35,658

4.25%,

2/15/2029

55,000

33,752

Angi

Group

LLC,

3.88%,

8/15/2028

(a)(b)

15,000

11,499

Arches

Buyer,

Inc.

4.25%,

6/01/2028

(a)

20,000

16,810

6.13%,

12/01/2028

(a)

20,000

16,852

Audacy

Capital

Corp.,

6.75%,

3/31/2029

(a)

20,000

3,527

Beasley

Mezzanine

Holdings

LLC,

8.63%,

2/01/2026

(a)

15,000

9,758

Belo

Corp.

7.75%,

6/01/2027

13,000

12,561

7.25%,

9/15/2027

5,000

4,756

Block

Communications,

Inc.,

4.88%,

3/01/2028

(a)

15,000

13,197

British

Telecommunications

PLC

4.25%,

11/23/2081

(a)

29,000

25,871

4.88%,

11/23/2081

(a)

30,000

24,665

Cable

One,

Inc.,

4.00%,

11/15/2030

(a)(b)

20,000

16,542

Cablevision

Lightpath

LLC

3.88%,

9/15/2027

(a)

25,000

21,359

5.63%,

9/15/2028

(a)

15,000

11,497

Cars.com,

Inc.,

6.38%,

11/01/2028

(a)

20,000

18,562

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.

5.50%,

5/01/2026

(a)

25,000

24,571

5.13%,

5/01/2027

(a)

135,000

128,643

5.00%,

2/01/2028

(a)

130,000

121,344

5.38%,

6/01/2029

(a)

70,000

64,736

6.38%,

9/01/2029

(a)

82,000

79,115

4.75%,

3/01/2030

(a)

145,000

126,796

4.50%,

8/15/2030

(a)

125,000

106,873

4.25%,

2/01/2031

(a)

135,000

112,440

4.75%,

2/01/2032

(a)

60,000

50,986

4.50%,

5/01/2032

135,000

111,799

4.50%,

6/01/2033

(a)

70,000

56,879

4.25%,

1/15/2034

(a)

70,000

54,713

Cengage

Learning,

Inc.,

9.50%,

6/15/2024

(a)

25,000

24,343

Ciena

Corp.,

4.00%,

1/31/2030

(a)

25,000

22,047

Clear

Channel

International

BV,

6.63%,

8/01/2025

(a)

10,000

9,803

Clear

Channel

Outdoor

Holdings,

Inc.

7.75%,

4/15/2028

(a)

40,000

34,067

7.50%,

6/01/2029

(a)

50,000

40,685

81

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Communications

–

15.6%

(continued)

Clear

Channel

Worldwide

Holdings,

Inc.,

5.13%,

8/15/2027

(a)

51,000

46,457

CMG

Media

Corp.,

8.88%,

12/15/2027

(a)

45,000

35,182

Cogent

Communications

Group,

Inc.

3.50%,

5/01/2026

(a)

45,000

41,697

7.00%,

6/15/2027

(a)

20,000

19,816

CommScope

Technologies

LLC

6.00%,

6/15/2025

(a)

61,000

57,783

5.00%,

3/15/2027

(a)

20,000

15,274

CommScope,

Inc.

6.00%,

3/01/2026

(a)

45,000

43,146

8.25%,

3/01/2027

(a)

46,000

39,111

7.13%,

7/01/2028

(a)

15,000

11,782

4.75%,

9/01/2029

(a)

35,000

29,070

Connect

Finco

Sarl

/

Connect

US

Finco

LLC,

6.75%,

10/01/2026

(a)

109,000

104,242

Consolidated

Communications,

Inc.

5.00%,

10/01/2028

(a)

5,000

3,818

6.50%,

10/01/2028

(a)

30,000

24,488

CSC

Holdings

LLC

5.25%,

6/01/2024

(b)

30,000

29,391

5.50%,

4/15/2027

(a)

65,000

57,223

5.38%,

2/01/2028

(a)

56,000

47,042

7.50%,

4/01/2028

(a)

45,000

32,874

6.50%,

2/01/2029

(a)

80,000

69,298

5.75%,

1/15/2030

(a)

105,000

66,214

4.13%,

12/01/2030

(a)

55,000

40,376

4.63%,

12/01/2030

(a)

80,000

47,310

3.38%,

2/15/2031

(a)

35,000

24,413

4.50%,

11/15/2031

(a)

70,000

51,572

5.00%,

11/15/2031

(a)

10,000

5,979

Cumulus

Media

New

Holdings,

Inc.,

6.75%,

7/01/2026

(a)(b)

5,000

4,174

Diamond

Sports

Group

LLC

/

Diamond

Sports

Finance

Co.,

6.63%,

8/15/2027

(a)

20,000

407

DIRECTV

Financing

LLC

/

DIRECTV

Financing

Co.-Obligor,

Inc.,

5.88%,

8/15/2027

(a)

205,000

185,681

DISH

DBS

Corp.

5.88%,

11/15/2024

120,000

113,308

7.75%,

7/01/2026

115,000

93,291

5.25%,

12/01/2026

(a)

134,000

115,462

7.38%,

7/01/2028

70,000

50,326

5.75%,

12/01/2028

(a)

130,000

106,622

5.13%,

6/01/2029

110,000

69,954

Dish

Network

Corp.,

11.75%,

11/15/2027

(a)

109,000

113,045

Embarq

Corp.,

8.00%,

6/01/2036

77,000

37,106

Endurance

International

Group

Holdings,

Inc.,

6.00%,

2/15/2029

(a)

25,000

18,002

Frontier

Communications

Holdings

LLC

5.88%,

10/15/2027

(a)

45,000

42,942

5.00%,

5/01/2028

(a)

55,000

49,882

6.75%,

5/01/2029

(a)

40,000

34,281

5.88%,

11/01/2029

25,000

20,407

6.00%,

1/15/2030

(a)

45,000

36,928

8.75%,

5/15/2030

(a)

50,000

51,795

Frontier

Florida

LLC,

Series

E,

6.86%,

2/01/2028

5,000

4,637

Frontier

North,

Inc.,

Series

G,

6.73%,

2/15/2028

25,000

23,084

Gannett

Holdings

LLC,

6.00%,

11/01/2026

(a)

12,000

9,501

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Communications

–

15.6%

(continued)

GCI

LLC,

4.75%,

10/15/2028

(a)

20,000

17,572

GEN

Digital,

Inc.

5.00%,

4/15/2025

(a)

45,000

44,124

6.75%,

9/30/2027

(a)

61,000

61,855

7.13%,

9/30/2030

(a)

60,000

60,896

Getty

Images,

Inc.,

9.75%,

3/01/2027

(a)

15,000

14,881

Go

Daddy

Operating

Co.

LLC

/

GD

Finance

Co.,

Inc.

5.25%,

12/01/2027

(a)

27,000

26,153

3.50%,

3/01/2029

(a)

35,000

30,275

Goto

Group,

Inc.,

5.50%,

9/01/2027

(a)

55,000

27,705

Gray

Escrow

II,

Inc.,

5.38%,

11/15/2031

(a)

60,000

46,145

Gray

Television,

Inc.

5.88%,

7/15/2026

(a)

22,000

20,170

7.00%,

5/15/2027

(a)(b)

15,000

13,632

4.75%,

10/15/2030

(a)

40,000

29,871

Grubhub

Holdings,

Inc.,

5.50%,

7/01/2027

(a)

5,000

4,014

Hughes

Satellite

Systems

Corp.

5.25%,

8/01/2026

20,000

19,461

6.63%,

8/01/2026

35,000

33,838

iHeartCommunications,

Inc.

6.38%,

5/01/2026

34,000

32,601

8.38%,

5/01/2027

(b)

63,000

56,479

5.25%,

8/15/2027

(a)

30,000

26,896

4.75%,

1/15/2028

(a)

30,000

25,668

Iliad

Holding

SASU

6.50%,

10/15/2026

(a)

50,000

47,325

7.00%,

10/15/2028

(a)

45,000

42,252

Intelsat

Jackson

Holdings

SA,

6.50%,

3/15/2030

(a)

139,000

126,139

Intrado

Corp.,

8.50%,

10/15/2025

(a)

34,000

30,685

Ion

Trading

Technologies

Sarl,

5.75%,

5/15/2028

(a)

25,000

21,413

Lamar

Media

Corp.

3.75%,

2/15/2028

30,000

27,360

4.88%,

1/15/2029

(b)

30,000

28,372

4.00%,

2/15/2030

20,000

17,798

3.63%,

1/15/2031

30,000

25,515

LCPR

Senior

Secured

Financing

DAC

6.75%,

10/15/2027

(a)

58,000

56,503

5.13%,

7/15/2029

(a)

35,000

30,785

Level

3

Financing,

Inc.

3.40%,

3/01/2027

(a)

35,000

30,314

4.63%,

9/15/2027

(a)

55,000

46,648

4.25%,

7/01/2028

(a)

80,000

63,378

3.63%,

1/15/2029

(a)

55,000

40,915

3.75%,

7/15/2029

(a)

55,000

40,255

3.88%,

11/15/2029

(a)

35,000

28,355

Liberty

Interactive

LLC,

8.25%,

2/01/2030

15,000

7,005

Lumen

Technologies,

Inc.

5.63%,

4/01/2025

15,000

14,397

5.13%,

12/15/2026

(a)

20,000

17,104

4.00%,

2/15/2027

(a)

31,000

26,164

Series

G,

6.88%,

1/15/2028

(b)

20,000

16,419

4.50%,

1/15/2029

(a)

60,000

40,318

5.38%,

6/15/2029

(a)(b)

15,000

10,451

Series

P,

7.60%,

9/15/2039

35,000

23,645

Series

U,

7.65%,

3/15/2042

15,000

9,874

82

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Communications

–

15.6%

(continued)

Match

Group

Holdings

II

LLC

5.00%,

12/15/2027

(a)

5,000

4,795

4.63%,

6/01/2028

(a)

5,000

4,597

5.63%,

2/15/2029

(a)

15,000

14,158

4.13%,

8/01/2030

(a)

5,000

4,294

3.63%,

10/01/2031

(a)

5,000

4,013

Maxar

Technologies,

Inc.

7.75%,

6/15/2027

(a)

20,000

20,902

7.54%,

12/31/2027

(a)

20,000

20,454

McGraw-Hill

Education,

Inc.

5.75%,

8/01/2028

(a)

30,000

26,427

8.00%,

8/01/2029

(a)

30,000

25,723

Midcontinent

Communications

/

Midcontinent

Finance

Corp.,

5.38%,

8/15/2027

(a)

25,000

23,705

Millennium

Escrow

Corp.,

6.63%,

8/01/2026

(a)

40,000

27,803

National

CineMedia

LLC,

5.88%,

4/15/2028

(a)

10,000

2,577

Netflix,

Inc.

5.88%,

2/15/2025

25,000

25,431

3.63%,

6/15/2025

(a)

15,000

14,533

4.38%,

11/15/2026

20,000

19,880

4.88%,

4/15/2028

45,000

44,962

5.88%,

11/15/2028

75,000

78,087

6.38%,

5/15/2029

(b)

30,000

32,171

5.38%,

11/15/2029

(a)

35,000

35,451

4.88%,

6/15/2030

(a)(b)

41,000

40,578

News

Corp.

3.88%,

5/15/2029

(a)

45,000

40,315

5.13%,

2/15/2032

(a)

30,000

28,235

Nexstar

Media,

Inc.

5.63%,

7/15/2027

(a)

95,000

90,505

4.75%,

11/01/2028

(a)

50,000

45,017

Nokia

OYJ

4.38%,

6/12/2027

18,000

17,340

6.63%,

5/15/2039

20,000

20,390

Northwest

Fiber

LLC

/

Northwest

Fiber

Finance

Sub,

Inc.

4.75%,

4/30/2027

(a)

10,000

9,132

6.00%,

2/15/2028

(a)

10,000

8,259

10.75%,

6/01/2028

(a)

10,000

9,368

Outfront

Media

Capital

LLC

/

Outfront

Media

Capital

Corp.

6.25%,

6/15/2025

(a)

5,000

5,033

5.00%,

8/15/2027

(a)

15,000

13,885

4.25%,

1/15/2029

(a)

10,000

8,606

4.63%,

3/15/2030

(a)

15,000

12,888

Paramount

Global

6.25%,

2/28/2057

42,000

36,385

6.38%,

3/30/2062

60,000

52,222

Photo

Holdings

Merger

Sub,

Inc.,

8.50%,

10/01/2026

(a)

30,000

15,222

Radiate

Holdco

LLC

/

Radiate

Finance,

Inc.

4.50%,

9/15/2026

(a)

40,000

30,639

6.50%,

9/15/2028

(a)

45,000

23,422

Rakuten

Group,

Inc.

5.13%

(a)(d)

20,000

17,600

6.25%

(a)(d)

35,000

28,405

10.25%,

11/30/2024

(a)

40,000

40,618

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Communications

–

15.6%

(continued)

Scripps

Escrow

II,

Inc.

3.88%,

1/15/2029

(a)

25,000

20,972

5.38%,

1/15/2031

(a)(b)

15,000

12,099

Scripps

Escrow,

Inc.,

5.88%,

7/15/2027

(a)

20,000

17,864

Sinclair

Television

Group,

Inc.

5.13%,

2/15/2027

(a)

5,000

4,434

5.50%,

3/01/2030

(a)(b)

6,000

4,785

4.13%,

12/01/2030

(a)

20,000

15,901

Sirius

XM

Radio,

Inc.

3.13%,

9/01/2026

(a)

30,000

27,047

5.00%,

8/01/2027

(a)

55,000

52,048

4.00%,

7/15/2028

(a)

60,000

53,336

5.50%,

7/01/2029

(a)

50,000

46,881

4.13%,

7/01/2030

(a)

55,000

47,133

3.88%,

9/01/2031

(a)

55,000

45,253

Spanish

Broadcasting

System,

Inc.,

9.75%,

3/01/2026

(a)

10,000

5,899

Sprint

Capital

Corp.

6.88%,

11/15/2028

144,000

154,363

8.75%,

3/15/2032

115,000

141,988

Sprint

Corp.

7.13%,

6/15/2024

100,000

102,235

7.63%,

2/15/2025

60,000

62,275

7.63%,

3/01/2026

90,000

95,166

Stagwell

Global

LLC,

5.63%,

8/15/2029

(a)

35,000

30,683

Summer

BC

Bidco

B

LLC,

5.50%,

10/31/2026

(a)

5,000

4,176

TEGNA,

Inc.

4.75%,

3/15/2026

(a)

15,000

14,572

4.63%,

3/15/2028

18,000

16,905

5.00%,

9/15/2029

27,000

25,427

Telecom

Italia

Capital

SA

6.38%,

11/15/2033

40,000

33,848

6.00%,

9/30/2034

45,000

36,117

7.20%,

7/18/2036

40,000

34,073

7.72%,

6/04/2038

45,000

38,821

Telecom

Italia

SpA,

5.30%,

5/30/2024

(a)

80,000

77,853

Telesat

Canada

/

Telesat

LLC

5.63%,

12/06/2026

(a)

10,000

4,614

4.88%,

6/01/2027

(a)

20,000

9,180

Townsquare

Media,

Inc.,

6.88%,

2/01/2026

(a)

15,000

14,065

Tripadvisor,

Inc.,

7.00%,

7/15/2025

(a)

25,000

25,114

U.S.

Cellular

Corp.,

6.70%,

12/15/2033

15,000

13,949

Uber

Technologies,

Inc.

7.50%,

5/15/2025

(a)

25,000

25,379

8.00%,

11/01/2026

(a)

55,000

56,194

7.50%,

9/15/2027

(a)

37,000

37,555

6.25%,

1/15/2028

(a)

15,000

14,683

4.50%,

8/15/2029

(a)

40,000

35,670

Univision

Communications,

Inc.

5.13%,

2/15/2025

(a)

68,000

66,259

6.63%,

6/01/2027

(a)

65,000

63,684

4.50%,

5/01/2029

(a)

50,000

43,011

7.38%,

6/30/2030

(a)

45,000

44,114

UPC

Broadband

Finco

BV,

4.88%,

7/15/2031

(a)

45,000

39,577

UPC

Holding

BV,

5.50%,

1/15/2028

(a)

20,000

18,154

Urban

One,

Inc.,

7.38%,

2/01/2028

(a)

30,000

27,088

ViaSat,

Inc.

5.63%,

9/15/2025

(a)

40,000

37,605

83

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Communications

–

15.6%

(continued)

5.63%,

4/15/2027

(a)

27,000

25,200

6.50%,

7/15/2028

(a)

35,000

28,092

Viavi

Solutions,

Inc.,

3.75%,

10/01/2029

(a)

30,000

26,163

Videotron

Ltd.

5.38%,

6/15/2024

(a)

30,000

29,886

5.13%,

4/15/2027

(a)

30,000

28,927

3.63%,

6/15/2029

(a)(b)

30,000

26,208

Virgin

Media

Finance

PLC,

5.00%,

7/15/2030

(a)

40,000

33,593

Virgin

Media

Secured

Finance

PLC

5.50%,

5/15/2029

(a)

70,000

64,864

4.50%,

8/15/2030

(a)

35,000

30,159

Virgin

Media

Vendor

Financing

Notes

IV

DAC,

5.00%,

7/15/2028

(a)

25,000

22,685

VMED

O2

UK

Financing

I

PLC

4.25%,

1/31/2031

(a)

50,000

41,950

4.75%,

7/15/2031

(a)

55,000

46,888

Vodafone

Group

PLC

7.00%,

4/04/2079

116,000

119,600

3.25%,

6/04/2081

15,000

13,050

4.13%,

6/04/2081

50,000

40,490

5.13%,

6/04/2081

60,000

46,191

VZ

Secured

Financing

BV,

5.00%,

1/15/2032

(a)

55,000

47,099

Warner

Media

LLC,

7.63%,

4/15/2031

10,000

10,607

Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp.,

7.75%,

8/15/2028

(a)

65,000

52,580

Zayo

Group

Holdings,

Inc.

4.00%,

3/01/2027

(a)

61,000

48,484

6.13%,

3/01/2028

(a)

48,000

32,990

Ziff

Davis,

Inc.,

4.63%,

10/15/2030

(a)

42,000

37,181

Ziggo

Bond

Co.

BV

6.00%,

1/15/2027

(a)

25,000

23,659

5.13%,

2/28/2030

(a)

10,000

8,263

Ziggo

BV,

4.88%,

1/15/2030

(a)

30,000

26,170

9,314,314

Consumer,

Cyclical

–

23.0%

1011778

BC

ULC

/

New

Red

Finance,

Inc.

5.75%,

4/15/2025

(a)

10,000

9,996

3.88%,

1/15/2028

(a)

70,000

63,980

4.38%,

1/15/2028

(a)

30,000

27,690

3.50%,

2/15/2029

(a)

45,000

39,484

4.00%,

10/15/2030

(a)

100,000

85,091

99

Escrow

Issuer,

Inc.,

7.50%,

1/15/2026

(a)

5,000

2,443

AAG

FH

LP

/

AAG

FH

Finco,

Inc.,

9.75%,

7/15/2024

(a)

15,000

14,575

Abercrombie

&

Fitch

Management

Co.,

8.75%,

7/15/2025

(a)(b)

20,000

20,206

Academy

Ltd.,

6.00%,

11/15/2027

(a)

20,000

19,372

Adient

Global

Holdings

Ltd.,

4.88%,

8/15/2026

(a)

10,000

9,489

Affinity

Gaming,

6.88%,

12/15/2027

(a)

10,000

8,946

Air

Canada,

3.88%,

8/15/2026

(a)

39,000

36,084

Air

Canada

Pass-Through

Trust,

Series

2020-1,

Class

C,

10.50%,

7/15/2026

(a)

15,000

15,902

Allegiant

Travel

Co.

8.50%,

2/05/2024

(a)

10,000

10,029

7.25%,

8/15/2027

(a)

35,000

34,265

Allen

Media

LLC

/

Allen

Media

Co.-Issuer,

Inc.,

10.50%,

2/15/2028

(a)

25,000

10,270

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

Allison

Transmission,

Inc.

4.75%,

10/01/2027

(a)

30,000

28,443

5.88%,

6/01/2029

(a)

35,000

33,709

3.75%,

1/30/2031

(a)

67,000

57,008

AMC

Entertainment

Holdings,

Inc.

10.00%,

6/15/2026

(a)

55,000

27,700

7.50%,

2/15/2029

(a)

35,000

20,549

American

Airlines

Group,

Inc.,

3.75%,

3/01/2025

(a)(b)

27,000

25,241

American

Airlines

Pass-Through

Trust

Series

2013-1,

Class

A,

4.00%,

7/15/2025

18,181

16,542

Series

2014-1,

Class

A,

3.70%,

10/01/2026

48,937

43,278

Series

2015-1,

Class

A,

3.38%,

5/01/2027

43,806

37,716

Series

2016-1,

Class

A,

4.10%,

1/15/2028

27,624

23,733

Series

2016-2,

Class

A,

3.65%,

6/15/2028

27,341

22,483

Series

2016-3,

Class

A,

3.25%,

10/15/2028

10,821

8,739

Series

2021-1,

Class

B,

3.95%,

7/11/2030

19,100

16,146

American

Airlines,

Inc.,

11.75%,

7/15/2025

(a)

65,000

72,389

American

Airlines,

Inc./Aadvantage

Loyalty

IP

Ltd.

5.50%,

4/20/2026

(a)

115,000

112,781

5.75%,

4/20/2029

(a)

90,000

87,128

American

Axle

&

Manufacturing,

Inc.

6.50%,

4/01/2027

(b)

25,000

23,060

6.88%,

7/01/2028

10,000

9,107

5.00%,

10/01/2029

10,000

8,250

American

Builders

&

Contractors

Supply

Co.,

Inc.

4.00%,

1/15/2028

(a)

40,000

36,516

3.88%,

11/15/2029

(a)

15,000

12,787

American

Greetings

Corp.,

8.75%,

4/15/2025

(a)

25,000

24,749

Aramark

Services,

Inc.

5.00%,

4/01/2025

(a)

15,000

14,783

6.38%,

5/01/2025

(a)

90,000

89,993

5.00%,

2/01/2028

(a)

56,000

52,832

Arko

Corp.,

5.13%,

11/15/2029

(a)

25,000

19,800

Asbury

Automotive

Group,

Inc.

4.50%,

3/01/2028

35,000

31,867

4.63%,

11/15/2029

(a)(b)

45,000

39,760

4.75%,

3/01/2030

11,000

9,676

5.00%,

2/15/2032

(a)

55,000

47,506

Ashton

Woods

USA

LLC

/

Ashton

Woods

Finance

Co.

6.63%,

1/15/2028

(a)

10,000

9,137

4.63%,

8/01/2029

(a)

5,000

4,172

4.63%,

4/01/2030

(a)

30,000

25,052

Aston

Martin

Capital

Holdings

Ltd.,

10.50%,

11/30/2025

(a)

50,000

49,081

At

Home

Group,

Inc.

4.88%,

7/15/2028

(a)

20,000

14,596

7.13%,

7/15/2029

(a)

25,000

15,366

Banijay

Entertainment

Sasu,

5.38%,

3/01/2025

(a)

35,000

33,765

Bath

&

Body

Works,

Inc.

9.38%,

7/01/2025

(a)

30,000

32,126

6.69%,

1/15/2027

20,000

20,087

5.25%,

2/01/2028

25,000

23,630

7.50%,

6/15/2029

(b)

35,000

35,502

6.63%,

10/01/2030

(a)

55,000

53,744

6.88%,

11/01/2035

50,000

45,884

84

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

6.75%,

7/01/2036

35,000

31,644

7.60%,

7/15/2037

4,000

3,539

BCPE

Empire

Holdings,

Inc.,

7.63%,

5/01/2027

(a)

40,000

37,395

BCPE

Ulysses

Intermediate,

Inc.,

7.75%,

4/01/2027

(a)(c)

15,000

11,199

Beacon

Roofing

Supply,

Inc.

4.50%,

11/15/2026

(a)

13,000

12,389

4.13%,

5/15/2029

(a)

20,000

17,233

Beazer

Homes

USA,

Inc.

6.75%,

3/15/2025

20,000

19,611

5.88%,

10/15/2027

10,000

9,024

7.25%,

10/15/2029

10,000

9,241

Bloomin'

Brands,

Inc.

/

OSI

Restaurant

Partners

LLC,

5.13%,

4/15/2029

(a)

10,000

8,937

Bluelinx

Holdings,

Inc.,

6.00%,

11/15/2029

(a)

25,000

22,119

Boyd

Gaming

Corp.

4.75%,

12/01/2027

(b)

40,000

38,039

4.75%,

6/15/2031

(a)

45,000

40,417

Boyne

USA,

Inc.,

4.75%,

5/15/2029

(a)

20,000

18,129

Brinker

International,

Inc.,

5.00%,

10/01/2024

(a)

5,000

4,892

Brookfield

Residential

Properties,

Inc.

/

Brookfield

Residential

US

LLC

6.25%,

9/15/2027

(a)

15,000

13,366

5.00%,

6/15/2029

(a)

10,000

7,949

4.88%,

2/15/2030

(a)

10,000

7,778

Caesars

Entertainment,

Inc.

6.25%,

7/01/2025

(a)

80,000

79,700

8.13%,

7/01/2027

(a)

85,000

86,275

4.63%,

10/15/2029

(a)

55,000

46,984

7.00%,

2/15/2030

(a)

40,000

40,808

Caesars

Resort

Collection

LLC

/

CRC

Finco,

Inc.,

5.75%,

7/01/2025

(a)(b)

40,000

40,024

Carnival

Corp.

10.50%,

2/01/2026

(a)

35,000

36,590

7.63%,

3/01/2026

(a)(b)

80,000

72,813

5.75%,

3/01/2027

(a)

110,000

91,274

9.88%,

8/01/2027

(a)

35,000

35,975

4.00%,

8/01/2028

(a)

55,000

47,411

6.00%,

5/01/2029

(a)

80,000

63,200

10.50%,

6/01/2030

(a)(b)

45,000

43,365

Carnival

Holdings

Bermuda

Ltd.,

10.38%,

5/01/2028

(a)

50,000

53,989

Carrols

Restaurant

Group,

Inc.,

5.88%,

7/01/2029

(a)

30,000

22,903

Carvana

Co.

5.63%,

10/01/2025

(a)

15,000

7,504

5.50%,

4/15/2027

(a)

20,000

9,001

5.88%,

10/01/2028

(a)

20,000

8,709

4.88%,

9/01/2029

(a)

25,000

11,122

10.25%,

5/01/2030

(a)

90,000

48,167

CCM

Merger,

Inc.,

6.38%,

5/01/2026

(a)

20,000

19,346

CD&R

Smokey

Buyer,

Inc.,

6.75%,

7/15/2025

(a)(b)

40,000

36,291

CDI

Escrow

Issuer,

Inc.,

5.75%,

4/01/2030

(a)

73,000

69,201

CEC

Entertainment

LLC,

6.75%,

5/01/2026

(a)

20,000

18,520

Cedar

Fair

LP,

5.25%,

7/15/2029

(b)

15,000

13,800

Cedar

Fair

LP

/

Canada's

Wonderland

Co.

/

Magnum

Management

Corp.

/

Millennium

Op

5.50%,

5/01/2025

(a)

20,000

19,862

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

5.38%,

4/15/2027

15,000

14,515

6.50%,

10/01/2028

5,000

4,878

Century

Communities,

Inc.

6.75%,

6/01/2027

46,000

45,532

3.88%,

8/15/2029

(a)

35,000

29,450

Churchill

Downs,

Inc.

5.50%,

4/01/2027

(a)

35,000

33,970

4.75%,

1/15/2028

(a)

50,000

46,776

Cinemark

USA,

Inc.

8.75%,

5/01/2025

(a)

20,000

20,471

5.88%,

3/15/2026

(a)

5,000

4,494

5.25%,

7/15/2028

(a)

20,000

16,401

Clarios

Global

LP,

6.75%,

5/15/2025

(a)

13,000

13,082

Clarios

Global

LP

/

Clarios

US

Finance

Co.

6.25%,

5/15/2026

(a)

36,000

35,788

8.50%,

5/15/2027

(a)

90,000

89,731

Constellation

Merger

Sub,

Inc.,

8.50%,

9/15/2025

(a)

35,000

30,311

Crocs,

Inc.

4.25%,

3/15/2029

(a)

10,000

8,715

4.13%,

8/15/2031

(a)

10,000

8,298

Dana

Financing

Luxembourg

Sarl,

5.75%,

4/15/2025

(a)

7,000

6,960

Dana,

Inc.

5.38%,

11/15/2027

15,000

14,314

5.63%,

6/15/2028

20,000

18,900

4.25%,

9/01/2030

25,000

21,198

4.50%,

2/15/2032

12,000

10,117

Dave

&

Buster's,

Inc.,

7.63%,

11/01/2025

(a)

11,000

11,185

Dealer

Tire

LLC

/

DT

Issuer

LLC,

8.00%,

2/01/2028

(a)

25,000

23,152

Delta

Air

Lines,

Inc.

2.90%,

10/28/2024

20,000

19,080

7.38%,

1/15/2026

25,000

26,152

4.38%,

4/19/2028

(b)

15,000

13,945

3.75%,

10/28/2029

(b)

30,000

26,542

Dornoch

Debt

Merger

Sub,

Inc.,

6.63%,

10/15/2029

(a)

25,000

18,941

eG

Global

Finance

PLC

6.75%,

2/07/2025

(a)

32,000

29,675

8.50%,

10/30/2025

(a)

15,000

14,321

Empire

Communities

Corp.,

7.00%,

12/15/2025

(a)

15,000

13,575

Empire

Resorts,

Inc.,

7.75%,

11/01/2026

(a)

10,000

8,166

Everi

Holdings,

Inc.,

5.00%,

7/15/2029

(a)

10,000

9,042

Ferrellgas

LP

/

Ferrellgas

Finance

Corp.

5.38%,

4/01/2026

(a)

25,000

22,996

5.88%,

4/01/2029

(a)

30,000

25,054

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co.,

Inc.

4.63%,

1/15/2029

(a)

45,000

39,690

6.75%,

1/15/2030

(a)

70,000

58,106

FirstCash,

Inc.

4.63%,

9/01/2028

(a)

20,000

17,975

5.63%,

1/01/2030

(a)

25,000

22,950

Foot

Locker,

Inc.,

4.00%,

10/01/2029

(a)

30,000

25,340

Ford

Holdings

LLC,

9.30%,

3/01/2030

10,000

11,535

85

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

Ford

Motor

Co.

7.13%,

11/15/2025

20,000

20,658

4.35%,

12/08/2026

(b)

40,000

38,962

6.63%,

10/01/2028

25,000

26,046

6.38%,

2/01/2029

5,000

5,065

9.63%,

4/22/2030

25,000

29,403

7.45%,

7/16/2031

(b)

50,000

53,653

3.25%,

2/12/2032

75,000

59,556

6.10%,

8/19/2032

75,000

73,594

4.75%,

1/15/2043

80,000

62,479

7.40%,

11/01/2046

20,000

20,622

5.29%,

12/08/2046

50,000

41,426

Ford

Motor

Credit

Co.

LLC

3.81%,

1/09/2024

30,000

29,404

5.58%,

3/18/2024

60,000

59,700

3.66%,

9/08/2024

30,000

28,954

4.06%,

11/01/2024

75,000

72,711

2.30%,

2/10/2025

35,000

32,532

4.69%,

6/09/2025

20,000

19,418

5.13%,

6/16/2025

60,000

58,803

4.13%,

8/04/2025

50,000

47,756

3.38%,

11/13/2025

85,000

79,169

4.39%,

1/08/2026

55,000

52,917

4.54%,

8/01/2026

35,000

33,253

2.70%,

8/10/2026

60,000

53,547

4.27%,

1/09/2027

40,000

37,603

4.95%,

5/28/2027

55,000

52,789

4.13%,

8/17/2027

40,000

36,856

3.82%,

11/02/2027

40,000

36,116

7.35%,

11/04/2027

50,000

52,436

2.90%,

2/16/2028

20,000

17,254

2.90%,

2/10/2029

25,000

20,870

5.11%,

5/03/2029

60,000

56,849

4.00%,

11/13/2030

70,000

61,111

3.63%,

6/17/2031

30,000

24,945

Forestar

Group,

Inc.

3.85%,

5/15/2026

(a)

20,000

17,927

5.00%,

3/01/2028

(a)

20,000

17,578

Foundation

Building

Materials,

Inc.,

6.00%,

3/01/2029

(a)

15,000

12,066

Full

House

Resorts,

Inc.,

8.25%,

2/15/2028

(a)

15,000

13,948

Gap,

Inc.

(The)

3.63%,

10/01/2029

(a)

32,000

24,586

3.88%,

10/01/2031

(a)

40,000

29,941

Genting

New

York

LLC

/

Genny

Capital,

Inc.,

3.30%,

2/15/2026

(a)

30,000

26,811

G-III

Apparel

Group

Ltd.,

7.88%,

8/15/2025

(a)

30,000

28,532

Golden

Entertainment,

Inc.,

7.63%,

4/15/2026

(a)

10,000

10,061

Goodyear

Tire

&

Rubber

Co.

(The)

5.00%,

5/31/2026

(b)

10,000

9,673

4.88%,

3/15/2027

(b)

15,000

14,093

5.00%,

7/15/2029

(b)

35,000

30,866

5.25%,

4/30/2031

20,000

17,219

5.25%,

7/15/2031

(b)

30,000

25,385

5.63%,

4/30/2033

(b)

10,000

8,571

GPS

Hospitality

Holding

Co.

LLC

/

GPS

Finco,

Inc.,

7.00%,

8/15/2028

(a)

15,000

9,266

Group

1

Automotive,

Inc.,

4.00%,

8/15/2028

(a)

37,000

32,501

Guitar

Center,

Inc.,

8.50%,

1/15/2026

(a)

20,000

17,470

GYP

Holdings

III

Corp.,

4.63%,

5/01/2029

(a)

15,000

12,623

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

H&E

Equipment

Services,

Inc.,

3.88%,

12/15/2028

(a)

34,000

29,987

Hanesbrands,

Inc.

4.63%,

5/15/2024

(a)

43,000

42,279

4.88%,

5/15/2026

(a)(b)

27,000

25,245

Hawaiian

Airlines

Pass-Through

Certificates,

Series

2013-1,

Class

A,

3.90%,

1/15/2026

10,561

9,295

Hawaiian

Brand

Intellectual

Property

Ltd.

/

HawaiianMiles

Loyalty

Ltd.,

5.75%,

1/20/2026

(a)

35,000

33,453

Hilton

Domestic

Operating

Co.,

Inc.

5.38%,

5/01/2025

(a)

15,000

14,936

5.75%,

5/01/2028

(a)

35,000

34,705

3.75%,

5/01/2029

(a)

55,000

48,874

4.88%,

1/15/2030

60,000

56,524

4.00%,

5/01/2031

(a)

60,000

52,081

3.63%,

2/15/2032

(a)

87,000

72,777

Hilton

Grand

Vacations

Borrower

Escrow

LLC

/

Hilton

Grand

Vacations

Borrower

Escrow,

Inc.

5.00%,

6/01/2029

(a)

18,000

16,091

4.88%,

7/01/2031

(a)

15,000

13,001

Hilton

Worldwide

Finance

LLC

/

Hilton

Worldwide

Finance

Corp.,

4.88%,

4/01/2027

31,000

30,036

IAA,

Inc.,

5.50%,

6/15/2027

(a)

12,000

12,041

IHO

Verwaltungs

GmbH

4.75%,

9/15/2026

(a)(c)

25,000

22,892

6.00%,

5/15/2027

(a)(c)

25,000

23,146

6.38%,

5/15/2029

(a)(c)

20,000

17,494

Installed

Building

Products,

Inc.,

5.75%,

2/01/2028

(a)

25,000

23,043

Interface,

Inc.,

5.50%,

12/01/2028

(a)

10,000

8,400

International

Game

Technology

PLC

6.50%,

2/15/2025

(a)

10,000

10,104

4.13%,

4/15/2026

(a)

10,000

9,518

6.25%,

1/15/2027

(a)

10,000

10,041

5.25%,

1/15/2029

(a)

10,000

9,590

IRB

Holding

Corp.,

7.00%,

6/15/2025

(a)

15,000

15,049

Jacobs

Entertainment,

Inc.,

6.75%,

2/15/2029

(a)

25,000

23,294

Jaguar

Land

Rover

Automotive

PLC

7.75%,

10/15/2025

(a)

30,000

29,531

4.50%,

10/01/2027

(a)(b)

35,000

29,184

5.88%,

1/15/2028

(a)

44,740

38,060

5.50%,

7/15/2029

(a)

10,000

7,806

JB

Poindexter

&

Co.,

Inc.,

7.13%,

4/15/2026

(a)

15,000

14,811

K

Hovnanian

Enterprises,

Inc.,

10.50%,

2/15/2026

(a)

10,000

9,963

KAR

Auction

Services,

Inc.,

5.13%,

6/01/2025

(a)

3,000

2,949

KB

Home

6.88%,

6/15/2027

10,000

10,224

4.80%,

11/15/2029

25,000

22,457

7.25%,

7/15/2030

20,000

20,085

4.00%,

6/15/2031

15,000

12,604

Ken

Garff

Automotive

LLC,

4.88%,

9/15/2028

(a)

25,000

21,525

KFC

Holding

Co.

/

Pizza

Hut

Holdings

LLC

/

Taco

Bell

of

America

LLC,

4.75%,

6/01/2027

(a)

37,000

36,107

Kohl's

Corp.

4.25%,

7/17/2025

40,000

38,378

3.63%,

5/01/2031

60,000

44,489

5.55%,

7/17/2045

(b)

80,000

52,897

Kontoor

Brands,

Inc.,

4.13%,

11/15/2029

(a)

29,000

25,052

86

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

L

Brands,

Inc.,

6.95%,

3/01/2033

25,000

22,479

Las

Vegas

Sands

Corp.

3.20%,

8/08/2024

190,000

182,623

2.90%,

6/25/2025

68,000

63,606

3.50%,

8/18/2026

132,000

122,768

3.90%,

8/08/2029

101,000

90,394

LBM

Acquisition

LLC,

6.25%,

1/15/2029

(a)

35,000

26,592

LCM

Investments

Holdings

II

LLC,

4.88%,

5/01/2029

(a)

25,000

20,631

Levi

Strauss

&

Co.,

3.50%,

3/01/2031

(a)(b)

10,000

8,453

LGI

Homes,

Inc.,

4.00%,

7/15/2029

(a)

25,000

20,246

Life

Time,

Inc.

5.75%,

1/15/2026

(a)

20,000

19,309

8.00%,

4/15/2026

(a)

30,000

29,133

Lindblad

Expeditions

LLC,

6.75%,

2/15/2027

(a)

15,000

14,687

Lions

Gate

Capital

Holdings

LLC,

5.50%,

4/15/2029

(a)

45,000

29,228

Lithia

Motors,

Inc.

4.63%,

12/15/2027

(a)

27,000

25,119

3.88%,

6/01/2029

(a)

40,000

34,006

4.38%,

1/15/2031

(a)

30,000

25,548

Live

Nation

Entertainment,

Inc.

4.88%,

11/01/2024

(a)

10,000

9,757

5.63%,

3/15/2026

(a)

21,000

20,380

6.50%,

5/15/2027

(a)

50,000

50,278

4.75%,

10/15/2027

(a)(b)

40,000

36,998

3.75%,

1/15/2028

(a)

30,000

26,753

LSF9

Atlantis

Holdings

LLC

/

Victra

Finance

Corp.,

7.75%,

2/15/2026

(a)

45,000

41,062

M/I

Homes,

Inc.

4.95%,

2/01/2028

18,000

16,621

3.95%,

2/15/2030

25,000

21,032

Macy's

Retail

Holdings

LLC

5.88%,

4/01/2029

(a)

30,000

27,959

5.88%,

3/15/2030

(a)

30,000

27,405

6.13%,

3/15/2032

(a)

30,000

26,880

4.50%,

12/15/2034

25,000

18,358

6.38%,

3/15/2037

10,000

8,280

5.13%,

1/15/2042

10,000

6,755

4.30%,

2/15/2043

10,000

6,190

Majordrive

Holdings

IV

LLC,

6.38%,

6/01/2029

(a)

40,000

31,598

Marks

&

Spencer

PLC,

7.13%,

12/01/2037

(a)

5,000

4,508

Marriott

Ownership

Resorts,

Inc.

4.75%,

1/15/2028

15,000

13,687

4.50%,

6/15/2029

(a)

30,000

26,168

Mattamy

Group

Corp.

5.25%,

12/15/2027

(a)

25,000

22,872

4.63%,

3/01/2030

(a)

18,000

15,194

Mattel,

Inc.

3.38%,

4/01/2026

(a)

20,000

18,708

5.88%,

12/15/2027

(a)

20,000

20,025

3.75%,

4/01/2029

(a)

25,000

22,455

6.20%,

10/01/2040

20,000

18,530

5.45%,

11/01/2041

20,000

17,198

Melco

Resorts

Finance

Ltd.

4.88%,

6/06/2025

50,000

47,235

5.25%,

4/26/2026

20,000

18,713

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

5.63%,

7/17/2027

20,000

18,283

5.75%,

7/21/2028

(a)

40,000

36,183

5.38%,

12/04/2029

(a)

50,000

43,181

Meritage

Homes

Corp.

6.00%,

6/01/2025

32,000

32,148

5.13%,

6/06/2027

25,000

24,095

3.88%,

4/15/2029

(a)

30,000

26,580

Merlin

Entertainments

Ltd.,

5.75%,

6/15/2026

(a)

25,000

23,831

MGM

China

Holdings

Ltd.

5.38%,

5/15/2024

(a)

40,000

39,109

5.25%,

6/18/2025

(a)

20,000

19,126

5.88%,

5/15/2026

(a)

30,000

28,623

4.75%,

2/01/2027

(a)

25,000

22,439

MGM

Resorts

International

6.75%,

5/01/2025

25,000

25,158

5.75%,

6/15/2025

35,000

34,541

4.63%,

9/01/2026

15,000

14,134

5.50%,

4/15/2027

20,000

19,321

4.75%,

10/15/2028

(b)

35,000

31,722

Michaels

Cos.,

Inc.

(The)

5.25%,

5/01/2028

(a)

40,000

33,531

7.88%,

5/01/2029

(a)

55,000

41,780

Midwest

Gaming

Borrower

LLC

/

Midwest

Gaming

Finance

Corp.,

4.88%,

5/01/2029

(a)

15,000

13,263

Mohegan

Tribal

Gaming

Authority

8.00%,

2/01/2026

(a)

55,000

52,096

13.25%,

12/15/2027

(a)

25,000

26,252

Motion

Bondco

DAC,

6.63%,

11/15/2027

(a)

30,000

27,120

Murphy

Oil

USA,

Inc.

5.63%,

5/01/2027

22,000

21,603

4.75%,

9/15/2029

40,000

36,655

3.75%,

2/15/2031

(a)

30,000

25,180

NCL

Corp.

Ltd.

3.63%,

12/15/2024

(a)

30,000

28,163

5.88%,

3/15/2026

(a)

60,000

51,898

5.88%,

2/15/2027

(a)

35,000

32,589

7.75%,

2/15/2029

(a)

30,000

25,776

NCL

Finance

Ltd.,

6.13%,

3/15/2028

(a)

10,000

8,127

New

Home

Co.,

Inc.

(The),

7.25%,

10/15/2025

(a)

10,000

8,707

Newell

Brands,

Inc.

4.88%,

6/01/2025

20,000

19,542

4.45%,

4/01/2026

80,000

75,993

6.38%,

9/15/2027

(b)

9,000

9,049

6.63%,

9/15/2029

(b)

11,000

11,151

5.63%,

4/01/2036

5,000

4,452

5.75%,

4/01/2046

36,000

29,975

NMG

Holding

Co.,

Inc.

/

Neiman

Marcus

Group

LLC,

7.13%,

4/01/2026

(a)

55,000

52,767

Nordstrom,

Inc.

2.30%,

4/08/2024

30,000

28,452

4.00%,

3/15/2027

15,000

12,941

6.95%,

3/15/2028

(b)

5,000

4,853

4.38%,

4/01/2030

15,000

12,042

4.25%,

8/01/2031

(b)

35,000

26,297

5.00%,

1/15/2044

40,000

26,859

Odeon

Finco

PLC,

12.75%,

11/01/2027

(a)

20,000

18,436

Papa

John's

International,

Inc.,

3.88%,

9/15/2029

(a)

33,000

28,522

87

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

Park

River

Holdings,

Inc.

5.63%,

2/01/2029

(a)

15,000

10,449

6.75%,

8/01/2029

(a)

10,000

7,105

Party

City

Holdings,

Inc.,

8.75%,

2/15/2026

(a)(e)

10,000

882

Patrick

Industries,

Inc.

7.50%,

10/15/2027

(a)

10,000

9,906

4.75%,

5/01/2029

(a)

25,000

21,366

Penn

Entertainment,

Inc.

5.63%,

1/15/2027

(a)

5,000

4,699

4.13%,

7/01/2029

(a)

5,000

4,134

Penske

Automotive

Group,

Inc.

3.50%,

9/01/2025

(b)

20,000

18,947

3.75%,

6/15/2029

20,000

16,991

PetSmart,

Inc.

/

PetSmart

Finance

Corp.

4.75%,

2/15/2028

(a)

60,000

55,643

7.75%,

2/15/2029

(a)

50,000

49,298

PM

General

Purchaser

LLC,

9.50%,

10/01/2028

(a)

40,000

30,598

Premier

Entertainment

Sub

LLC

/

Premier

Entertainment

Finance

Corp.

5.63%,

9/01/2029

(a)

35,000

25,441

5.88%,

9/01/2031

(a)

25,000

17,431

QVC,

Inc.

4.85%,

4/01/2024

40,000

38,279

4.45%,

2/15/2025

50,000

42,632

4.75%,

2/15/2027

35,000

26,533

4.38%,

9/01/2028

25,000

16,042

5.45%,

8/15/2034

25,000

14,731

5.95%,

3/15/2043

20,000

10,308

Raptor

Acquisition

Corp.

/

Raptor

Co.-Issuer

LLC,

4.88%,

11/01/2026

(a)

10,000

9,301

Real

Hero

Merger

Sub

2,

Inc.,

6.25%,

2/01/2029

(a)

25,000

18,545

Resideo

Funding,

Inc.,

4.00%,

9/01/2029

(a)

15,000

12,338

Resorts

World

Las

Vegas

LLC/RWLV

Capital

Inc.,

4.63%,

4/16/2029

100,000

81,889

Rite

Aid

Corp.

8.00%,

11/15/2026

(a)

45,000

25,084

7.70%,

2/15/2027

2,000

911

Royal

Caribbean

Cruises

Ltd.

4.25%,

7/01/2026

(a)

30,000

26,018

5.50%,

8/31/2026

(a)

20,000

17,891

5.38%,

7/15/2027

(a)

30,000

26,066

11.63%,

8/15/2027

(a)(b)

50,000

53,075

7.50%,

10/15/2027

20,000

18,628

3.70%,

3/15/2028

10,000

7,884

5.50%,

4/01/2028

(a)

35,000

30,109

8.25%,

1/15/2029

(a)

35,000

36,566

9.25%,

1/15/2029

(a)

25,000

26,423

Sally

Holdings

LLC

/

Sally

Capital,

Inc.,

5.63%,

12/01/2025

15,000

14,850

Sands

China

Ltd.

5.63%,

8/08/2025

248,000

246,598

4.30%,

1/08/2026

116,000

109,668

2.80%,

3/08/2027

30,000

26,316

5.90%,

8/08/2028

262,000

259,140

3.35%,

3/08/2029

30,000

25,725

4.88%,

6/18/2030

95,000

86,847

3.75%,

8/08/2031

20,000

16,744

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

Scientific

Games

Holdings

LP/Scientific

Games

US

Finco,

Inc.,

6.63%,

3/01/2030

(a)

30,000

26,746

Scientific

Games

International,

Inc.

8.63%,

7/01/2025

(a)

25,000

25,639

7.00%,

5/15/2028

(a)

31,000

30,742

7.25%,

11/15/2029

(a)

10,000

10,020

Scotts

Miracle-GRO

Co.

(The)

4.50%,

10/15/2029

(b)

5,000

4,346

4.00%,

4/01/2031

5,000

4,061

4.38%,

2/01/2032

5,000

4,088

SeaWorld

Parks

&

Entertainment,

Inc.,

5.25%,

8/15/2029

(a)

35,000

31,771

Shea

Homes

LP

/

Shea

Homes

Funding

Corp.

4.75%,

2/15/2028

20,000

17,811

4.75%,

4/01/2029

10,000

8,717

Six

Flags

Entertainment

Corp.

4.88%,

7/31/2024

(a)

21,000

20,551

5.50%,

4/15/2027

(a)(b)

25,000

23,596

Six

Flags

Theme

Parks,

Inc.,

7.00%,

7/01/2025

(a)

2,000

2,027

Sizzling

Platter

LLC

/

Sizzling

Platter

Finance

Corp.,

8.50%,

11/28/2025

(a)

10,000

9,277

Sonic

Automotive,

Inc.

4.63%,

11/15/2029

(a)

40,000

33,269

4.88%,

11/15/2031

(a)

10,000

7,970

Specialty

Building

Products

Holdings

LLC

/

SBP

Finance

Corp.,

6.38%,

9/30/2026

(a)

30,000

27,017

Speedway

Motorsports

LLC

/

Speedway

Funding

II,

Inc.,

4.88%,

11/01/2027

(a)

26,000

24,411

Spirit

Loyalty

Cayman

Ltd.

/

Spirit

IP

Cayman

Ltd.

8.00%,

9/20/2025

(a)

30,640

31,228

8.00%,

9/20/2025

(a)

39,444

40,359

SRS

Distribution,

Inc.

4.63%,

7/01/2028

(a)

35,000

32,179

6.13%,

7/01/2029

(a)

25,000

21,497

6.00%,

12/01/2029

(a)

35,000

29,930

Staples,

Inc.

7.50%,

4/15/2026

(a)

65,000

57,707

10.75%,

4/15/2027

(a)

40,000

30,304

Station

Casinos

LLC

4.50%,

2/15/2028

(a)

20,000

18,005

4.63%,

12/01/2031

(a)

25,000

21,069

Steelcase,

Inc.,

5.13%,

1/18/2029

70,000

62,433

Studio

City

Co.

Ltd.,

7.00%,

2/15/2027

(a)

10,000

9,666

Studio

City

Finance

Ltd.

6.00%,

7/15/2025

(a)

20,000

18,645

6.50%,

1/15/2028

(a)

40,000

35,572

5.00%,

1/15/2029

(a)

45,000

36,458

Suburban

Propane

Partners

LP/Suburban

Energy

Finance

Corp.

5.88%,

3/01/2027

15,000

14,517

5.00%,

6/01/2031

(a)

25,000

21,827

Sugarhouse

HSP

Gaming

Prop

Mezz

LP

/

Sugarhouse

HSP

Gaming

Finance

Corp.,

5.88%,

5/15/2025

(a)

20,000

18,824

Superior

Plus

LP

/

Superior

General

Partner,

Inc.,

4.50%,

3/15/2029

(a)

25,000

22,108

SWF

Escrow

Issuer

Corp.,

6.50%,

10/01/2029

(a)

30,000

19,699

88

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

Taylor

Morrison

Communities,

Inc.

5.88%,

6/15/2027

(a)

35,000

34,427

5.75%,

1/15/2028

(a)

15,000

14,556

5.13%,

8/01/2030

(a)

30,000

27,423

Taylor

Morrison

Communities,

Inc.

/

Taylor

Morrison

Holdings

II,

Inc.,

5.63%,

3/01/2024

(a)

13,000

12,950

Tempur

Sealy

International,

Inc.

4.00%,

4/15/2029

(a)

49,000

42,798

3.88%,

10/15/2031

(a)

45,000

37,123

Thor

Industries,

Inc.,

4.00%,

10/15/2029

(a)

30,000

24,940

Titan

International,

Inc.,

7.00%,

4/30/2028

10,000

9,578

TKC

Holdings,

Inc.

6.88%,

5/15/2028

(a)

10,000

8,177

10.50%,

5/15/2029

(a)

25,000

15,218

TPro

Acquisition

Corp.,

11.00%,

10/15/2024

(a)

20,000

19,552

Travel

+

Leisure

Co.

5.65%,

4/01/2024

27,000

26,863

6.60%,

10/01/2025

25,000

24,951

6.63%,

7/31/2026

(a)

23,000

22,831

6.00%,

4/01/2027

11,000

10,787

4.50%,

12/01/2029

(a)

25,000

21,578

4.63%,

3/01/2030

(a)

7,000

5,994

TRI

Pointe

Group,

Inc.

5.25%,

6/01/2027

25,000

23,529

5.70%,

6/15/2028

21,000

19,702

TRI

Pointe

Group,

Inc.

/

TRI

Pointe

Homes,

Inc.,

5.88%,

6/15/2024

10,000

9,978

Under

Armour,

Inc.,

3.25%,

6/15/2026

15,000

13,691

United

Airlines

Holdings,

Inc.

5.00%,

2/01/2024

5,000

4,973

4.88%,

1/15/2025

(b)

5,000

4,911

United

Airlines

Pass-Through

Trust

Series

2016-1,

Class

B,

3.65%,

1/07/2026

8,576

7,876

Series

2019-2,

Class

B,

3.50%,

5/01/2028

17,880

15,881

United

Airlines,

Inc.

4.38%,

4/15/2026

(a)

40,000

37,997

4.63%,

4/15/2029

(a)

50,000

45,621

Univar

Solutions

USA,

Inc.,

5.13%,

12/01/2027

(a)

35,000

33,982

Universal

Entertainment

Corp.,

8.50%,

12/11/2024

(a)

30,000

28,159

US

Airways

Pass-Through

Trust

Series

2012-2,

Class

A,

4.63%,

6/03/2025

25,762

24,013

Series

2013-1,

Class

A,

3.95%,

11/15/2025

33,287

30,956

Vail

Resorts,

Inc.,

6.25%,

5/15/2025

(a)

15,000

15,083

Victoria's

Secret

&

Co.,

4.63%,

7/15/2029

(a)(b)

25,000

20,787

Viking

Cruises

Ltd.

6.25%,

5/15/2025

(a)

10,000

9,158

13.00%,

5/15/2025

(a)

30,000

31,827

5.88%,

9/15/2027

(a)

40,000

34,110

7.00%,

2/15/2029

(a)

20,000

17,401

Viking

Ocean

Cruises

Ship

VII

Ltd.,

5.63%,

2/15/2029

(a)

20,000

17,074

Vista

Outdoor,

Inc.,

4.50%,

3/15/2029

(a)

25,000

20,248

VOC

Escrow

Ltd.,

5.00%,

2/15/2028

(a)

20,000

17,601

Wabash

National

Corp.,

4.50%,

10/15/2028

(a)

25,000

21,998

Wheel

Pros,

Inc.,

6.50%,

5/15/2029

(a)

5,000

1,939

White

Capital

Buyer

LLC,

6.88%,

10/15/2028

(a)

30,000

27,470

White

Capital

Parent

LLC,

8.25%,

3/15/2026

(a)(c)

15,000

13,677

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Cyclical

–

23.0%

(continued)

William

Carter

Co.

(The),

5.63%,

3/15/2027

(a)

27,000

26,344

Winnebago

Industries,

Inc.,

6.25%,

7/15/2028

(a)

30,000

28,923

WMG

Acquisition

Corp.

3.75%,

12/01/2029

(a)

30,000

26,274

3.88%,

7/15/2030

(a)

20,000

17,624

3.00%,

2/15/2031

(a)

30,000

24,841

Wolverine

World

Wide,

Inc.,

4.00%,

8/15/2029

(a)

20,000

16,068

Wyndham

Hotels

&

Resorts,

Inc.,

4.38%,

8/15/2028

(a)

40,000

37,092

Wynn

Las

Vegas

LLC

/

Wynn

Las

Vegas

Capital

Corp.

5.50%,

3/01/2025

(a)

70,000

68,118

5.25%,

5/15/2027

(a)

35,000

33,058

Wynn

Macau

Ltd.

4.88%,

10/01/2024

(a)(b)

30,000

28,862

5.50%,

1/15/2026

(a)

45,000

42,049

5.50%,

10/01/2027

(a)

40,000

35,782

5.63%,

8/26/2028

(a)

50,000

44,193

5.13%,

12/15/2029

(a)

35,000

29,197

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp.

7.75%,

4/15/2025

(a)

20,000

20,068

5.13%,

10/01/2029

(a)

40,000

35,691

Yum!

Brands,

Inc.

4.75%,

1/15/2030

(a)

50,000

46,870

3.63%,

3/15/2031

63,000

54,087

4.63%,

1/31/2032

60,000

54,654

5.38%,

4/01/2032

65,000

61,577

6.88%,

11/15/2037

25,000

26,685

5.35%,

11/01/2043

15,000

12,960

ZF

North

America

Capital,

Inc.,

4.75%,

4/29/2025

(a)

57,000

55,113

13,683,486

Consumer,

Non-cyclical

–

14.2%

180

Medical,

Inc.,

3.88%,

10/15/2029

(a)

30,000

26,673

Acadia

Healthcare

Co.,

Inc.

5.50%,

7/01/2028

(a)

30,000

28,887

5.00%,

4/15/2029

(a)

30,000

28,061

ACCO

Brands

Corp.,

4.25%,

3/15/2029

(a)

30,000

25,951

AdaptHealth

LLC

6.13%,

8/01/2028

(a)

10,000

9,489

4.63%,

8/01/2029

(a)

20,000

17,401

5.13%,

3/01/2030

(a)

20,000

17,816

ADT

Security

Corp.

(The)

4.13%,

8/01/2029

(a)

50,000

44,515

4.88%,

7/15/2032

(a)

35,000

31,292

Adtalem

Global

Education,

Inc.,

5.50%,

3/01/2028

(a)

26,000

24,224

AHP

Health

Partners,

Inc.,

5.75%,

7/15/2029

(a)

10,000

8,219

Air

Methods

Corp.,

8.00%,

5/15/2025

(a)

30,000

1,383

Akumin

Escrow,

Inc.,

7.50%,

8/01/2028

(a)

20,000

13,603

Akumin,

Inc.,

7.00%,

11/01/2025

(a)

15,000

11,626

Albertsons

Cos.,

Inc.

/

Safeway,

Inc.

/

New

Albertsons

LP

/

Albertsons

LLC

3.25%,

3/15/2026

(a)

35,000

32,320

7.50%,

3/15/2026

(a)

28,000

28,810

4.63%,

1/15/2027

(a)

65,000

61,699

5.88%,

2/15/2028

(a)

40,000

39,111

89

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Non-cyclical

–

14.2%

(continued)

3.50%,

3/15/2029

(a)

67,000

57,791

4.88%,

2/15/2030

(a)

55,000

50,696

Albion

Financing

1

Sarl

/

Aggreko

Holdings,

Inc.,

6.13%,

10/15/2026

(a)

30,000

27,009

Albion

Financing

2

Sarl,

8.75%,

4/15/2027

(a)

20,000

17,035

Allied

Universal

Holdco

LLC

/

Allied

Universal

Finance

Corp.

6.63%,

7/15/2026

(a)

70,000

67,402

9.75%,

7/15/2027

(a)

58,000

55,407

6.00%,

6/01/2029

(a)

40,000

32,154

Allied

Universal

Holdco

LLC

/

Allied

Universal

Finance

Corp.

/

Atlas

Luxco

4

Sarl

4.63%,

6/01/2028

(a)

40,000

34,501

4.63%,

6/01/2028

(a)

40,000

34,139

Alta

Equipment

Group,

Inc.,

5.63%,

4/15/2026

(a)

25,000

23,314

AMN

Healthcare,

Inc.

4.63%,

10/01/2027

(a)

25,000

23,190

4.00%,

4/15/2029

(a)

10,000

8,678

APi

Group

DE,

Inc.,

4.13%,

7/15/2029

(a)

15,000

12,978

Aptim

Corp.,

7.75%,

6/15/2025

(a)

20,000

14,244

APX

Group,

Inc.

6.75%,

2/15/2027

(a)

30,000

29,411

5.75%,

7/15/2029

(a)

35,000

30,312

Arrow

Bidco

LLC,

9.50%,

3/15/2024

(a)

10,000

10,046

ASGN,

Inc.,

4.63%,

5/15/2028

(a)

30,000

27,450

Avantor

Funding,

Inc.

4.63%,

7/15/2028

(a)

80,000

75,399

3.88%,

11/01/2029

(a)

40,000

35,369

Avis

Budget

Car

Rental

LLC

/

Avis

Budget

Finance,

Inc.

5.75%,

7/15/2027

(a)

5,000

4,702

5.75%,

7/15/2027

(a)

5,000

4,702

4.75%,

4/01/2028

(a)

15,000

13,263

5.38%,

3/01/2029

(a)

5,000

4,473

B&G

Foods,

Inc.

5.25%,

4/01/2025

45,000

41,076

5.25%,

9/15/2027

22,000

17,784

Bausch

Health

Americas,

Inc.

9.25%,

4/01/2026

(a)

30,000

22,311

8.50%,

1/31/2027

(a)

30,000

15,821

Bausch

Health

Cos.,

Inc.

5.50%,

11/01/2025

(a)

75,000

63,558

9.00%,

12/15/2025

(a)

40,000

31,550

6.13%,

2/01/2027

(a)

45,000

30,680

5.75%,

8/15/2027

(a)

15,000

10,117

7.00%,

1/15/2028

(a)

10,000

4,611

5.00%,

1/30/2028

(a)

20,000

8,977

4.88%,

6/01/2028

(a)

80,000

51,353

11.00%,

9/30/2028

(a)

84,000

65,766

5.00%,

2/15/2029

(a)

20,000

8,950

6.25%,

2/15/2029

(a)

35,000

16,192

5.25%,

1/30/2030

(a)

50,000

21,914

14.00%,

10/15/2030

(a)

16,000

10,293

5.25%,

2/15/2031

(a)

20,000

9,111

Bellring

Brands,

Inc.,

7.00%,

3/15/2030

(a)

45,000

44,904

Block,

Inc.

2.75%,

6/01/2026

25,000

22,729

3.50%,

6/01/2031

20,000

16,780

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Non-cyclical

–

14.2%

(continued)

Brink's

Co.

(The)

5.50%,

7/15/2025

(a)

7,000

6,914

4.63%,

10/15/2027

(a)

35,000

32,831

C&S

Group

Enterprises

LLC,

5.00%,

12/15/2028

(a)

15,000

11,567

Cano

Health

LLC,

6.25%,

10/01/2028

(a)

30,000

19,124

Carriage

Services,

Inc.,

4.25%,

5/15/2029

(a)

10,000

8,225

Catalent

Pharma

Solutions,

Inc.

5.00%,

7/15/2027

(a)

15,000

14,249

3.13%,

2/15/2029

(a)

5,000

4,149

3.50%,

4/01/2030

(a)

10,000

8,262

Central

Garden

&

Pet

Co.

5.13%,

2/01/2028

10,000

9,525

4.13%,

10/15/2030

20,000

17,006

4.13%,

4/30/2031

(a)

15,000

12,593

Charles

River

Laboratories

International,

Inc.

4.25%,

5/01/2028

(a)

25,000

23,167

3.75%,

3/15/2029

(a)

20,000

17,852

4.00%,

3/15/2031

(a)

20,000

17,684

Cheplapharm

Arzneimittel

GMBH,

5.50%,

1/15/2028

(a)

30,000

26,736

Chobani

LLC

/

Chobani

Finance

Corp.,

Inc.

7.50%,

4/15/2025

(a)(b)

20,000

19,629

4.63%,

11/15/2028

(a)

15,000

13,734

CHS/Community

Health

Systems,

Inc.

8.00%,

3/15/2026

(a)

80,000

77,671

5.63%,

3/15/2027

(a)

75,000

66,379

8.00%,

12/15/2027

(a)(b)

25,000

23,639

6.88%,

4/01/2028

(a)

20,000

12,208

6.00%,

1/15/2029

(a)

40,000

35,124

6.88%,

4/15/2029

(a)

80,000

50,572

6.13%,

4/01/2030

(a)

50,000

30,277

5.25%,

5/15/2030

(a)

55,000

44,329

4.75%,

2/15/2031

(a)

30,000

23,048

Cimpress

PLC,

7.00%,

6/15/2026

25,000

17,487

CoreCivic,

Inc.

8.25%,

4/15/2026

40,000

41,061

4.75%,

10/15/2027

25,000

21,923

Corelogic,

Inc.,

4.50%,

5/01/2028

(a)(b)

50,000

39,715

Coty,

Inc.

5.00%,

4/15/2026

(a)

25,000

23,948

6.50%,

4/15/2026

(a)

30,000

29,580

Coty,

Inc.

/

HFC

Prestige

Products,

Inc.

/

HFC

Prestige

International

US

LLC,

4.75%,

1/15/2029

(a)

8,000

7,301

CPI

CG,

Inc.,

8.63%,

3/15/2026

(a)

10,000

9,869

Darling

Ingredients,

Inc.

5.25%,

4/15/2027

(a)

13,000

12,677

6.00%,

6/15/2030

(a)

45,000

44,785

DaVita,

Inc.

4.63%,

6/01/2030

(a)

160,000

134,796

3.75%,

2/15/2031

(a)

100,000

77,739

Deluxe

Corp.,

8.00%,

6/01/2029

(a)

30,000

25,690

Edgewell

Personal

Care

Co.

5.50%,

6/01/2028

(a)

45,000

42,559

4.13%,

4/01/2029

(a)

20,000

17,426

Elanco

Animal

Health,

Inc.,

6.40%,

8/28/2028

32,000

31,436

90

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Non-cyclical

–

14.2%

(continued)

Embecta

Corp.

5.00%,

2/15/2030

(a)

32,000

26,352

6.75%,

2/15/2030

(a)

5,000

4,500

Emergent

Biosolutions,

Inc.,

3.88%,

8/15/2028

(a)

35,000

15,203

Encompass

Health

Corp.

5.75%,

9/15/2025

5,000

4,978

4.50%,

2/01/2028

55,000

51,354

4.75%,

2/01/2030

55,000

50,410

4.63%,

4/01/2031

25,000

22,079

Envision

Healthcare

Corp.,

8.75%,

10/15/2026

(a)

24,000

6,370

Fage

International

SA

/

Fage

USA

Dairy

Industry,

Inc.,

5.63%,

8/15/2026

(a)

10,000

9,395

Garda

World

Security

Corp.

4.63%,

2/15/2027

(a)

15,000

13,725

9.50%,

11/01/2027

(a)

25,000

24,801

7.75%,

2/15/2028

(a)

12,000

12,186

6.00%,

6/01/2029

(a)

40,000

33,395

Garden

Spinco

Corp.,

8.63%,

7/20/2030

(a)

15,000

16,125

Gartner,

Inc.

4.50%,

7/01/2028

(a)

40,000

38,031

3.63%,

6/15/2029

(a)

30,000

26,933

3.75%,

10/01/2030

(a)

40,000

35,436

Geo

Group,

Inc.

(The)

10.50%,

6/30/2028

25,000

25,654

9.50%,

12/31/2028

(a)

20,000

19,343

Global

Medical

Response,

Inc.,

6.50%,

10/01/2025

(a)

20,000

14,086

Graham

Holdings

Co.,

5.75%,

6/01/2026

(a)

21,000

20,758

Grand

Canyon

University

4.13%,

10/01/2024

50,000

47,532

4.38%,

10/01/2026

10,000

9,271

5.13%,

10/01/2028

31,000

29,384

Grifols

Escrow

Issuer

SA,

4.75%,

10/15/2028

(a)

25,000

21,737

Hadrian

Merger

Sub,

Inc.,

8.50%,

5/01/2026

(a)

25,000

20,947

HealthEquity,

Inc.,

4.50%,

10/01/2029

(a)

40,000

35,791

Herbalife

Nutrition

Ltd.

/

HLF

Financing,

Inc.,

7.88%,

9/01/2025

(a)

40,000

37,713

Herc

Holdings,

Inc.,

5.50%,

7/15/2027

(a)

70,000

67,048

Hertz

Corp.

(The)

4.63%,

12/01/2026

(a)

25,000

22,212

5.00%,

12/01/2029

(a)

45,000

36,778

H-Food

Holdings

LLC

/

Hearthside

Finance

Co.,

Inc.,

8.50%,

6/01/2026

(a)

15,000

10,264

HLF

Financing

Sarl

LLC

/

Herbalife

International,

Inc.,

4.88%,

6/01/2029

(a)

30,000

21,940

Hologic,

Inc.

4.63%,

2/01/2028

(a)

25,000

23,924

3.25%,

2/15/2029

(a)

65,000

57,234

Horizon

Therapeutics

USA,

Inc.,

5.50%,

8/01/2027

(a)

17,000

17,356

Ingles

Markets,

Inc.,

4.00%,

6/15/2031

(a)

15,000

13,010

IQVIA,

Inc.

5.00%,

10/15/2026

(a)

50,000

48,735

5.00%,

5/15/2027

(a)

45,000

43,749

Jazz

Securities

DAC,

4.38%,

1/15/2029

(a)

85,000

77,652

KeHE

Distributors

LLC

/

KeHE

Finance

Corp.,

8.63%,

10/15/2026

(a)

20,000

20,054

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Non-cyclical

–

14.2%

(continued)

Korn

Ferry,

4.63%,

12/15/2027

(a)

10,000

9,403

Kronos

Acquisition

Holdings,

Inc.

/

KIK

Custom

Products,

Inc.

5.00%,

12/31/2026

(a)

30,000

27,223

7.00%,

12/31/2027

(a)

20,000

17,412

Lamb

Weston

Holdings,

Inc.

4.88%,

5/15/2028

(a)

30,000

29,022

4.13%,

1/31/2030

(a)

55,000

49,581

4.38%,

1/31/2032

(a)

40,000

35,795

Land

O'Lakes

Capital

Trust

I,

7.45%,

3/15/2028

(a)

35,000

34,412

Legacy

LifePoint

Health

LLC

6.75%,

4/15/2025

(a)

40,000

38,984

4.38%,

2/15/2027

(a)

25,000

21,856

Legends

Hospitality

Holding

Co.

LLC

/

Legends

Hospitality

Co.-Issuer,

Inc.,

5.00%,

2/01/2026

(a)

6,000

5,534

LifePoint

Health,

Inc.,

5.38%,

1/15/2029

(a)

15,000

10,050

Mallinckrodt

International

Finance

SA

/

Mallinckrodt

CB

LLC

Series

144A,

10.00%,

4/15/2025

(a)

10,000

6,839

11.50%,

12/15/2028

(a)

30,000

26,956

Medline

Borrower

LP,

3.88%,

4/01/2029

(a)

180,000

154,015

Metis

Merger

Sub

LLC,

6.50%,

5/15/2029

(a)

35,000

29,838

ModivCare

Escrow

Issuer,

Inc.,

5.00%,

10/01/2029

(a)

20,000

17,381

ModivCare,

Inc.,

5.88%,

11/15/2025

(a)

32,000

30,967

Molina

Healthcare,

Inc.

4.38%,

6/15/2028

(a)

40,000

37,005

3.88%,

11/15/2030

(a)

25,000

21,514

3.88%,

5/15/2032

(a)

35,000

29,358

MoneyGram

International,

Inc.,

5.38%,

8/01/2026

(a)

20,000

20,354

Mozart

Debt

Merger

Sub,

Inc.,

5.25%,

10/01/2029

(a)(b)

115,000

96,511

MPH

Acquisition

Holdings

LLC

5.50%,

9/01/2028

(a)

58,000

48,178

5.75%,

11/01/2028

(a)(b)

75,000

54,471

Neptune

Bidco

US,

Inc.,

9.29%,

4/15/2029

(a)

115,000

111,915

Nesco

Holdings

II,

Inc.,

5.50%,

4/15/2029

(a)

35,000

31,498

Option

Care

Health,

Inc.,

4.38%,

10/31/2029

(a)

15,000

13,011

Organon

&

Co.

/

Organon

Foreign

Debt

Co.-

Issuer

BV

4.13%,

4/30/2028

(a)

115,000

104,357

5.13%,

4/30/2031

(a)

90,000

81,027

Oriflame

Investment

Holding

PLC,

5.13%,

5/04/2026

(a)

30,000

18,942

Owens

&

Minor,

Inc.

4.50%,

3/31/2029

(a)(b)

30,000

24,456

6.63%,

4/01/2030

(a)

35,000

30,978

P&L

Development

LLC

/

PLD

Finance

Corp.,

7.75%,

11/15/2025

(a)

34,000

27,607

Paysafe

Finance

PLC

/

Paysafe

Holdings

US

Corp.,

4.00%,

6/15/2029

(a)

15,000

11,925

PECF

USS

Intermediate

Holding

III

Corp.,

8.00%,

11/15/2029

(a)

20,000

15,260

Pediatrix

Medical

Group,

Inc.,

5.38%,

2/15/2030

(a)(b)

10,000

8,847

Performance

Food

Group,

Inc.

6.88%,

5/01/2025

(a)

5,000

5,037

91

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Non-cyclical

–

14.2%

(continued)

5.50%,

10/15/2027

(a)

55,000

53,078

4.25%,

8/01/2029

(a)

50,000

44,603

Perrigo

Finance

Unlimited

Co.

3.90%,

12/15/2024

33,000

31,948

4.38%,

3/15/2026

30,000

28,472

4.40%,

6/15/2030

40,000

35,106

4.90%,

12/15/2044

20,000

14,831

Post

Holdings,

Inc.

5.75%,

3/01/2027

(a)

30,000

29,581

5.63%,

1/15/2028

(a)

69,000

66,650

5.50%,

12/15/2029

(a)

80,000

74,227

4.63%,

4/15/2030

(a)

100,000

88,003

4.50%,

9/15/2031

(a)

90,000

77,623

PRA

Health

Sciences,

Inc.,

2.88%,

7/15/2026

(a)

30,000

27,451

Prestige

Brands,

Inc.

5.13%,

1/15/2028

(a)

10,000

9,597

3.75%,

4/01/2031

(a)

25,000

21,210

Prime

Healthcare

Services,

Inc.,

7.25%,

11/01/2025

(a)

50,000

44,230

Prime

Security

Services

Borrower

LLC

/

Prime

Finance,

Inc.

5.25%,

4/15/2024

(a)

20,000

19,834

5.75%,

4/15/2026

(a)

53,000

52,197

3.38%,

8/31/2027

(a)

40,000

35,588

6.25%,

1/15/2028

(a)

55,000

52,156

Primo

Water

Holdings,

Inc.,

4.38%,

4/30/2029

(a)

25,000

21,843

Prog

Holdings,

Inc.,

6.00%,

11/15/2029

(a)

20,000

16,950

Radiology

Partners,

Inc.,

9.25%,

2/01/2028

(a)

35,000

21,171

RegionalCare

Hospital

Partners

Holdings,

Inc.

/

LifePoint

Health,

Inc.,

9.75%,

12/01/2026

(a)

56,000

49,052

Rent-A-Center,

Inc.,

6.38%,

2/15/2029

(a)

30,000

25,495

Ritchie

Bros

Auctioneers,

Inc.,

5.38%,

1/15/2025

(a)

30,000

29,777

RP

Escrow

Issuer

LLC,

5.25%,

12/15/2025

(a)

39,000

31,817

RR

Donnelley

&

Sons

Co.,

6.13%,

11/01/2026

(a)

20,000

19,295

Sabre

GLBL,

Inc.

9.25%,

4/15/2025

(a)

40,000

40,852

7.38%,

9/01/2025

(a)

45,000

44,466

11.25%,

12/15/2027

(a)

30,000

31,799

Safeway,

Inc.,

7.25%,

2/01/2031

5,000

5,084

SEG

Holding

LLC

/

SEG

Finance

Corp.,

5.63%,

10/15/2028

(a)

15,000

14,278

Select

Medical

Corp.,

6.25%,

8/15/2026

(a)

51,000

49,805

Service

Corp.

International

7.50%,

4/01/2027

20,000

20,726

4.63%,

12/15/2027

40,000

38,223

5.13%,

6/01/2029

43,000

41,317

3.38%,

8/15/2030

40,000

33,774

4.00%,

5/15/2031

40,000

35,023

Shift4

Payments

LLC

/

Shift4

Payments

Finance

Sub,

Inc.,

4.63%,

11/01/2026

(a)

30,000

28,410

Sigma

Holdco

BV,

7.88%,

5/15/2026

(a)

25,000

19,248

Signal

Parent,

Inc.,

6.13%,

4/01/2029

(a)

10,000

3,876

Simmons

Foods,

Inc./Simmons

Prepared

Foods,

Inc./Simmons

Pet

Food,

Inc./Simmons

Feed,

4.63%,

3/01/2029

(a)

30,000

25,456

Sotheby's,

7.38%,

10/15/2027

(a)(b)

40,000

38,679

Spectrum

Brands,

Inc.

5.75%,

7/15/2025

25,000

24,812

5.00%,

10/01/2029

(a)

22,000

19,462

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Consumer,

Non-cyclical

–

14.2%

(continued)

5.50%,

7/15/2030

(a)

5,000

4,535

3.88%,

3/15/2031

(a)

30,000

24,194

Stonemor,

Inc.,

8.50%,

5/15/2029

(a)

30,000

24,420

Surgery

Center

Holdings,

Inc.,

10.00%,

4/15/2027

(a)

18,000

18,456

Syneos

Health,

Inc.,

3.63%,

1/15/2029

(a)

30,000

24,266

Team

Health

Holdings,

Inc.,

6.38%,

2/01/2025

(a)

35,000

23,349

Teleflex,

Inc.

4.63%,

11/15/2027

25,000

23,884

4.25%,

6/01/2028

(a)

35,000

32,330

Tenet

Healthcare

Corp.

4.63%,

7/15/2024

15,000

14,796

4.63%,

9/01/2024

20,000

19,715

4.88%,

1/01/2026

75,000

73,033

6.25%,

2/01/2027

65,000

63,538

5.13%,

11/01/2027

57,000

54,870

4.63%,

6/15/2028

20,000

18,567

6.13%,

10/01/2028

100,000

93,131

4.25%,

6/01/2029

40,000

35,589

4.38%,

1/15/2030

55,000

48,950

6.13%,

6/15/2030

(a)

55,000

53,421

6.88%,

11/15/2031

20,000

18,477

Toledo

Hospital

(The)

Series

B,

5.33%,

11/15/2028

45,000

36,724

6.02%,

11/15/2048

60,000

40,174

TreeHouse

Foods,

Inc.,

4.00%,

9/01/2028

20,000

16,904

Trinet

Group,

Inc.,

3.50%,

3/01/2029

(a)

25,000

20,942

Triton

Water

Holdings,

Inc.,

6.25%,

4/01/2029

(a)

45,000

35,694

Turning

Point

Brands,

Inc.,

5.63%,

2/15/2026

(a)

30,000

27,339

United

Natural

Foods,

Inc.,

6.75%,

10/15/2028

(a)

15,000

14,483

United

Rentals

North

America,

Inc.

5.50%,

5/15/2027

15,000

14,908

3.88%,

11/15/2027

67,000

63,622

4.88%,

1/15/2028

75,000

72,657

5.25%,

1/15/2030

35,000

33,874

4.00%,

7/15/2030

40,000

35,999

3.88%,

2/15/2031

65,000

57,546

3.75%,

1/15/2032

(b)

40,000

34,587

US

Acute

Care

Solutions

LLC,

6.38%,

3/01/2026

(a)

32,000

28,980

US

Foods,

Inc.

6.25%,

4/15/2025

(a)

40,000

40,052

4.75%,

2/15/2029

(a)

40,000

36,658

4.63%,

6/01/2030

(a)

30,000

27,011

US

Renal

Care,

Inc.,

10.63%,

7/15/2027

(a)

20,000

6,550

Varex

Imaging

Corp.,

7.88%,

10/15/2027

(a)

10,000

9,939

Vector

Group

Ltd.

10.50%,

11/01/2026

(a)

30,000

30,200

5.75%,

2/01/2029

(a)

70,000

61,097

Verscend

Escrow

Corp.,

9.75%,

8/15/2026

(a)

55,000

55,246

Wash

Multifamily

Acquisition,

Inc.,

5.75%,

4/15/2026

(a)

25,000

23,144

Williams

Scotsman

International,

Inc.

6.13%,

6/15/2025

(a)

14,000

14,059

4.63%,

8/15/2028

(a)

25,000

23,170

WW

International,

Inc.,

4.50%,

4/15/2029

(a)

35,000

18,786

ZipRecruiter,

Inc.,

5.00%,

1/15/2030

(a)

25,000

21,863

8,443,476

92

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Diversified

–

0.1%

Stena

AB,

7.00%,

2/01/2024

(a)

20,000

19,995

Stena

International

SA

5.75%,

3/01/2024

(a)

30,000

29,699

6.13%,

2/01/2025

(a)

23,000

21,790

71,484

Energy

–

11.9%

Aethon

United

BR

LP

/

Aethon

United

Finance

Corp.,

8.25%,

2/15/2026

(a)

35,000

34,830

Alliance

Resource

Operating

Partners

LP

/

Alliance

Resource

Finance

Corp.,

7.50%,

5/01/2025

(a)

30,000

29,802

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp.

7.88%,

5/15/2026

(a)

20,000

20,521

5.75%,

3/01/2027

(a)

40,000

38,790

5.75%,

1/15/2028

(a)

30,000

28,766

5.38%,

6/15/2029

(a)

30,000

27,862

Antero

Resources

Corp.

7.63%,

2/01/2029

(a)

6,000

6,146

5.38%,

3/01/2030

(a)

10,000

9,326

Apache

Corp.

4.38%,

10/15/2028

5,000

4,662

7.75%,

12/15/2029

10,000

10,587

4.25%,

1/15/2030

15,000

13,752

6.00%,

1/15/2037

15,000

14,211

5.10%,

9/01/2040

50,000

43,610

5.25%,

2/01/2042

10,000

8,404

4.75%,

4/15/2043

15,000

11,873

4.25%,

1/15/2044

10,000

7,391

7.38%,

8/15/2047

15,000

14,943

5.35%,

7/01/2049

10,000

8,357

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp.

6.88%,

4/01/2027

(a)

25,000

24,477

6.25%,

4/01/2028

(a)

25,000

23,754

Ascent

Resources

Utica

Holdings

LLC

/

ARU

Finance

Corp.

7.00%,

11/01/2026

(a)

30,000

28,698

8.25%,

12/31/2028

(a)

10,000

9,851

5.88%,

6/30/2029

(a)

15,000

13,206

Athabasca

Oil

Corp.,

9.75%,

11/01/2026

(a)

20,000

21,018

Baytex

Energy

Corp.,

8.75%,

4/01/2027

(a)(b)

40,000

41,393

Berry

Petroleum

Co.

LLC,

7.00%,

2/15/2026

(a)

10,000

9,625

Blue

Racer

Midstream

LLC

/

Blue

Racer

Finance

Corp.

7.63%,

12/15/2025

(a)

50,000

50,769

6.63%,

7/15/2026

(a)

10,000

9,887

Bristow

Group,

Inc.,

6.88%,

3/01/2028

(a)

20,000

19,051

Buckeye

Partners

LP

4.35%,

10/15/2024

10,000

9,702

4.13%,

3/01/2025

(a)

35,000

33,272

3.95%,

12/01/2026

31,000

28,445

4.13%,

12/01/2027

20,000

18,090

4.50%,

3/01/2028

(a)

35,000

32,108

6.75%,

8/15/2033

10,000

9,200

5.85%,

11/15/2043

11,000

8,426

5.60%,

10/15/2044

25,000

19,074

California

Resources

Corp.,

7.13%,

2/01/2026

(a)

40,000

38,929

Callon

Petroleum

Co.

6.38%,

7/01/2026

(b)

5,000

4,836

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Energy

–

11.9%

(continued)

8.00%,

8/01/2028

(a)

30,000

29,974

7.50%,

6/15/2030

(a)(b)

25,000

24,190

Calumet

Specialty

Products

Partners

LP

/

Calumet

Finance

Corp.

9.25%,

7/15/2024

(a)

5,000

5,062

11.00%,

4/15/2025

(a)

30,000

31,612

8.13%,

1/15/2027

(a)

14,400

13,992

CGG

SA,

8.75%,

4/01/2027

(a)(b)

15,000

13,345

Cheniere

Energy,

Inc.,

4.63%,

10/15/2028

25,000

23,826

Chesapeake

Energy

Corp.

5.50%,

2/01/2026

(a)

30,000

29,132

5.88%,

2/01/2029

(a)

15,000

14,370

6.75%,

4/15/2029

(a)

40,000

39,460

Chord

Energy

Corp.,

6.38%,

6/01/2026

(a)

25,000

24,626

Civitas

Resources,

Inc.,

5.00%,

10/15/2026

(a)

30,000

28,082

CNX

Midstream

Partners

LP,

4.75%,

4/15/2030

(a)

15,000

12,685

CNX

Resources

Corp.

7.25%,

3/14/2027

(a)

12,000

11,946

6.00%,

1/15/2029

(a)

25,000

23,104

7.38%,

1/15/2031

(a)

30,000

29,226

Comstock

Resources,

Inc.

6.75%,

3/01/2029

(a)

50,000

46,066

5.88%,

1/15/2030

(a)

35,000

30,203

Coronado

Finance

Pty

Ltd.,

10.75%,

5/15/2026

(a)

18,000

18,623

CQP

Holdco

LP

/

BIP-V

Chinook

Holdco

LLC,

5.50%,

6/15/2031

(a)

55,000

50,129

Crescent

Energy

Finance

LLC

7.25%,

5/01/2026

(a)

30,000

28,793

9.25%,

2/15/2028

(a)

41,000

41,026

Crestwood

Midstream

Partners

LP

/

Crestwood

Midstream

Finance

Corp.

5.75%,

4/01/2025

25,000

24,655

5.63%,

5/01/2027

(a)

40,000

38,256

6.00%,

2/01/2029

(a)

30,000

28,480

8.00%,

4/01/2029

(a)

30,000

30,642

7.38%,

2/01/2031

(a)

30,000

30,221

CrownRock

LP

/

CrownRock

Finance,

Inc.

5.63%,

10/15/2025

(a)

55,000

53,798

5.00%,

5/01/2029

(a)

30,000

27,709

CSI

Compressco

LP

/

CSI

Compressco

Finance,

Inc.,

7.50%,

4/01/2025

(a)

10,000

9,497

CVR

Energy,

Inc.

5.25%,

2/15/2025

(a)(b)

55,000

53,098

5.75%,

2/15/2028

(a)

5,000

4,576

Delek

Logistics

Partners

LP

/

Delek

Logistics

Finance

Corp.

6.75%,

5/15/2025

28,000

27,330

7.13%,

6/01/2028

(a)

33,000

30,369

DT

Midstream,

Inc.

4.13%,

6/15/2029

(a)

80,000

70,554

4.38%,

6/15/2031

(a)

80,000

69,934

Earthstone

Energy

Holdings

LLC,

8.00%,

4/15/2027

(a)

20,000

19,508

Encino

Acquisition

Partners

Holdings

LLC,

8.50%,

5/01/2028

(a)

35,000

32,832

Endeavor

Energy

Resources

LP

/

EER

Finance,

Inc.,

5.75%,

1/30/2028

(a)

50,000

49,386

Enerflex

Ltd.,

9.00%,

10/15/2027

(a)

30,000

30,540

93

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Energy

–

11.9%

(continued)

Energy

Ventures

Gom

LLC

/

Enven

Finance

Corp.,

11.75%,

4/15/2026

(a)

10,000

10,462

EnLink

Midstream

LLC

5.63%,

1/15/2028

(a)

25,000

24,442

5.38%,

6/01/2029

20,000

19,283

6.50%,

9/01/2030

(a)

30,000

30,570

EnLink

Midstream

Partners

LP

4.15%,

6/01/2025

36,000

34,727

4.85%,

7/15/2026

20,000

19,418

5.60%,

4/01/2044

10,000

8,376

5.05%,

4/01/2045

25,000

19,726

5.45%,

6/01/2047

10,000

8,311

Enquest

PLC,

11.63%,

11/01/2027

(a)

15,000

14,728

Ensign

Drilling,

Inc.,

9.25%,

4/15/2024

(a)

15,000

14,619

Enviva

Partners

LP

/

Enviva

Partners

Finance

Corp.,

6.50%,

1/15/2026

(a)

35,000

32,777

EQM

Midstream

Partners

LP

4.00%,

8/01/2024

7,000

6,782

6.00%,

7/01/2025

(a)

14,000

13,788

4.13%,

12/01/2026

5,000

4,540

7.50%,

6/01/2027

(a)

5,000

5,014

6.50%,

7/01/2027

(a)

30,000

29,341

5.50%,

7/15/2028

15,000

13,838

4.50%,

1/15/2029

(a)

15,000

13,152

7.50%,

6/01/2030

(a)

5,000

4,992

4.75%,

1/15/2031

(a)

35,000

29,648

6.50%,

7/15/2048

15,000

11,633

FTAI

Infra

Escrow

Holdings

LLC,

10.50%,

6/01/2027

(a)

25,000

25,168

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp.

6.50%,

10/01/2025

23,000

22,604

6.25%,

5/15/2026

15,000

14,369

8.00%,

1/15/2027

50,000

49,361

7.75%,

2/01/2028

34,000

32,920

Global

Marine,

Inc.,

7.00%,

6/01/2028

20,000

15,970

Global

Partners

LP

/

GLP

Finance

Corp.

7.00%,

8/01/2027

10,000

9,650

6.88%,

1/15/2029

15,000

14,146

Gulfport

Energy

Corp.,

8.00%,

5/17/2026

25,000

24,800

Harbour

Energy

PLC,

5.50%,

10/15/2026

(a)

20,000

18,401

Harvest

Midstream

I

LP,

7.50%,

9/01/2028

(a)

60,000

59,021

Hess

Midstream

Operations

LP

5.63%,

2/15/2026

(a)

15,000

14,851

5.13%,

6/15/2028

(a)

5,000

4,726

4.25%,

2/15/2030

(a)

11,000

9,643

5.50%,

10/15/2030

(a)

5,000

4,662

Highpeak

Energy,

Inc.,

10.63%,

11/15/2024

(a)

15,000

14,679

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co.

6.25%,

11/01/2028

(a)

30,000

28,803

5.75%,

2/01/2029

(a)

25,000

23,257

6.00%,

4/15/2030

(a)

25,000

23,396

6.00%,

2/01/2031

(a)

20,000

18,414

6.25%,

4/15/2032

(a)

20,000

18,472

Holly

Energy

Partners

LP

/

Holly

Energy

Finance

Corp.

6.38%,

4/15/2027

(a)

20,000

19,810

5.00%,

2/01/2028

(a)

40,000

37,247

Howard

Midstream

Energy

Partners

LLC,

6.75%,

1/15/2027

(a)

15,000

14,624

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Energy

–

11.9%

(continued)

Ithaca

Energy

North

Sea

PLC,

9.00%,

7/15/2026

(a)

20,000

19,729

ITT

Holdings

LLC,

6.50%,

8/01/2029

(a)

50,000

43,467

KCA

Deutag

UK

Finance

PLC,

9.88%,

12/01/2025

(a)

20,000

19,358

Kinetik

Holdings

LP,

5.88%,

6/15/2030

(a)

65,000

61,998

KLX

Energy

Services

Holdings,

Inc.,

11.50%,

11/01/2025

(a)

15,000

14,175

Magnolia

Oil

&

Gas

Operating

LLC

/

Magnolia

Oil

&

Gas

Finance

Corp.,

6.00%,

8/01/2026

(a)

10,000

9,674

Martin

Midstream

Partners

LP

/

Martin

Midstream

Finance

Corp.,

11.50%,

2/28/2025

(a)

5,000

5,003

Matador

Resources

Co.,

5.88%,

9/15/2026

(b)

40,000

39,372

MEG

Energy

Corp.

7.13%,

2/01/2027

(a)

37,000

37,959

5.88%,

2/01/2029

(a)

35,000

33,576

Moss

Creek

Resources

Holdings,

Inc.

7.50%,

1/15/2026

(a)

25,000

23,091

10.50%,

5/15/2027

(a)

20,000

19,427

Murphy

Oil

Corp.

5.75%,

8/15/2025

3,000

2,989

5.88%,

12/01/2027

25,000

24,651

6.38%,

7/15/2028

10,000

9,929

7.05%,

5/01/2029

15,000

15,348

6.13%,

12/01/2042

25,000

20,501

Nabors

Industries

Ltd.

7.25%,

1/15/2026

(a)

15,000

14,587

7.50%,

1/15/2028

(a)

10,000

9,530

Nabors

Industries,

Inc.

5.75%,

2/01/2025

15,000

14,557

7.38%,

5/15/2027

(a)

20,000

20,026

Neptune

Energy

Bondco

PLC,

6.63%,

5/15/2025

(a)

55,000

54,186

New

Fortress

Energy,

Inc.

6.75%,

9/15/2025

(a)

95,000

91,139

6.50%,

9/30/2026

(a)

105,000

96,935

NGL

Energy

Operating

LLC

/

NGL

Energy

Finance

Corp.,

7.50%,

2/01/2026

(a)

90,000

85,499

NGL

Energy

Partners

LP

/

NGL

Energy

Finance

Corp.

6.13%,

3/01/2025

10,000

8,875

7.50%,

4/15/2026

15,000

12,812

Northern

Oil

&

Gas,

Inc.,

8.13%,

3/01/2028

(a)

40,000

39,863

Northriver

Midstream

Finance

LP,

5.63%,

2/15/2026

(a)

20,000

19,198

NuStar

Logistics

LP

5.75%,

10/01/2025

35,000

34,631

6.00%,

6/01/2026

25,000

24,502

5.63%,

4/28/2027

25,000

24,080

6.38%,

10/01/2030

20,000

19,271

Occidental

Petroleum

Corp.

6.95%,

7/01/2024

4,000

4,070

2.90%,

8/15/2024

15,000

14,433

5.88%,

9/01/2025

30,000

30,371

5.50%,

12/01/2025

40,000

40,262

5.55%,

3/15/2026

55,000

55,597

3.40%,

4/15/2026

10,000

9,542

3.00%,

2/15/2027

5,000

4,601

94

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Energy

–

11.9%

(continued)

8.50%,

7/15/2027

30,000

33,190

7.15%,

5/15/2028

20,000

20,971

6.38%,

9/01/2028

35,000

36,399

8.88%,

7/15/2030

60,000

70,562

6.63%,

9/01/2030

70,000

74,379

6.13%,

1/01/2031

60,000

62,724

7.50%,

5/01/2031

50,000

55,611

7.88%,

9/15/2031

35,000

39,647

6.45%,

9/15/2036

70,000

73,652

7.95%,

6/15/2039

8,000

9,184

4.30%,

8/15/2039

25,000

20,472

6.20%,

3/15/2040

20,000

20,182

4.50%,

7/15/2044

15,000

12,278

4.63%,

6/15/2045

30,000

25,205

6.60%,

3/15/2046

55,000

58,576

4.40%,

4/15/2046

25,000

20,467

4.20%,

3/15/2048

20,000

15,958

Oceaneering

International,

Inc.

4.65%,

11/15/2024

25,000

24,404

6.00%,

2/01/2028

25,000

24,071

PAR

Petroleum

LLC

/

PAR

Petroleum

Finance

Corp.,

7.75%,

12/15/2025

(a)

30,000

29,574

Parkland

Corp.

5.88%,

7/15/2027

(a)

21,000

20,173

4.50%,

10/01/2029

(a)

55,000

47,397

4.63%,

5/01/2030

(a)

35,000

30,151

Patterson-UTI

Energy,

Inc.

3.95%,

2/01/2028

10,000

9,056

5.15%,

11/15/2029

6,000

5,586

PBF

Holding

Co.

LLC

/

PBF

Finance

Corp.

7.25%,

6/15/2025

45,000

44,845

6.00%,

2/15/2028

45,000

42,426

PDC

Energy,

Inc.

6.13%,

9/15/2024

4,000

3,978

5.75%,

5/15/2026

46,000

44,485

Permian

Resources

Operating

LLC

5.38%,

1/15/2026

(a)

20,000

18,861

7.75%,

2/15/2026

(a)

15,000

15,004

6.88%,

4/01/2027

(a)

10,000

9,805

5.88%,

7/01/2029

(a)

25,000

23,483

Petrofac

Ltd.,

9.75%,

11/15/2026

(a)

35,000

22,842

Precision

Drilling

Corp.

7.13%,

1/15/2026

(a)

10,000

9,948

6.88%,

1/15/2029

(a)

5,000

4,826

Range

Resources

Corp.

4.88%,

5/15/2025

40,000

38,835

8.25%,

1/15/2029

25,000

25,747

4.75%,

2/15/2030

(a)

5,000

4,497

ROCC

Holdings

LLC,

9.25%,

8/15/2026

(a)

15,000

15,197

Rockcliff

Energy

II

LLC,

5.50%,

10/15/2029

(a)

43,000

40,913

Rockies

Express

Pipeline

LLC

3.60%,

5/15/2025

(a)

20,000

18,974

4.95%,

7/15/2029

(a)

25,000

22,607

4.80%,

5/15/2030

(a)

20,000

17,904

7.50%,

7/15/2038

(a)

10,000

9,275

6.88%,

4/15/2040

(a)

30,000

25,527

SM

Energy

Co.

5.63%,

6/01/2025

30,000

29,409

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Energy

–

11.9%

(continued)

6.75%,

9/15/2026

10,000

9,846

6.63%,

1/15/2027

20,000

19,530

6.50%,

7/15/2028

5,000

4,783

Southeast

Supply

Header

LLC,

4.25%,

6/15/2024

(a)

30,000

28,586

Southwestern

Energy

Co.

5.70%,

1/23/2025

7,000

6,945

7.75%,

10/01/2027

(b)

5,000

5,214

8.38%,

9/15/2028

5,000

5,250

5.38%,

2/01/2029

10,000

9,401

5.38%,

3/15/2030

45,000

41,936

4.75%,

2/01/2032

20,000

17,629

Strathcona

Resources

Ltd.,

6.88%,

8/01/2026

(a)

30,000

25,834

Summit

Midstream

Holdings

LLC

/

Summit

Midstream

Finance

Corp.

5.75%,

4/15/2025

10,000

8,601

8.50%,

10/15/2026

(a)

40,000

38,929

SunCoke

Energy,

Inc.,

4.88%,

6/30/2029

(a)

15,000

13,200

Sunnova

Energy

Corp.,

5.88%,

9/01/2026

(a)(b)

25,000

22,501

Sunoco

LP

/

Sunoco

Finance

Corp.

6.00%,

4/15/2027

30,000

29,986

5.88%,

3/15/2028

22,000

21,566

4.50%,

5/15/2029

35,000

31,730

4.50%,

4/30/2030

45,000

40,113

Tallgrass

Energy

Partners

LP

/

Tallgrass

Energy

Finance

Corp.

7.50%,

10/01/2025

(a)

20,000

20,304

6.00%,

3/01/2027

(a)

20,000

19,020

5.50%,

1/15/2028

(a)

45,000

41,472

6.00%,

12/31/2030

(a)

30,000

27,325

6.00%,

9/01/2031

(a)

20,000

18,030

Talos

Production,

Inc.,

12.00%,

1/15/2026

35,000

37,118

Tap

Rock

Resources

LLC,

7.00%,

10/01/2026

(a)

15,000

14,219

TechnipFMC

PLC,

6.50%,

2/01/2026

(a)

20,000

19,876

Teine

Energy

Ltd.,

6.88%,

4/15/2029

(a)

10,000

9,316

TerraForm

Power

Operating

LLC

5.00%,

1/31/2028

(a)

30,000

28,199

4.75%,

1/15/2030

(a)

32,000

28,910

Topaz

Solar

Farms

LLC

4.88%,

9/30/2039

(a)

20,000

17,650

5.75%,

9/30/2039

(a)

32,287

30,981

TransMontaigne

Partners

LP

/

TLP

Finance

Corp.,

6.13%,

2/15/2026

21,000

18,270

Transocean

Guardian

Ltd.,

5.88%,

1/15/2024

(a)

21,324

21,625

Transocean

Phoenix

2

Ltd.,

7.75%,

10/15/2024

(a)

26,000

26,353

Transocean

Pontus

Ltd.,

6.13%,

8/01/2025

(a)

12,625

12,982

Transocean

Poseidon

Ltd.,

6.88%,

2/01/2027

(a)

12,188

12,100

Transocean

Proteus

Ltd.,

6.25%,

12/01/2024

(a)

24,800

25,054

Transocean,

Inc.

7.25%,

11/01/2025

(a)

15,000

14,257

7.50%,

1/15/2026

(a)

40,000

37,575

11.50%,

1/30/2027

(a)

44,000

45,944

8.00%,

2/01/2027

(a)

30,000

27,517

8.75%,

2/15/2030

(a)

35,000

36,138

7.50%,

4/15/2031

15,000

11,528

6.80%,

3/15/2038

25,000

17,647

USA

Compression

Partners

LP

/

USA

Compression

Finance

Corp.

6.88%,

4/01/2026

27,000

26,496

95

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Energy

–

11.9%

(continued)

6.88%,

9/01/2027

32,000

31,049

Venture

Global

Calcasieu

Pass

LLC

3.88%,

8/15/2029

(a)

50,000

44,601

6.25%,

1/15/2030

(a)

25,000

25,520

4.13%,

8/15/2031

(a)

60,000

53,237

3.88%,

11/01/2033

(a)

50,000

42,129

Vermilion

Energy,

Inc.

5.63%,

3/15/2025

(a)

25,000

24,592

6.88%,

5/01/2030

(a)

10,000

9,221

Viper

Energy

Partners

LP,

5.38%,

11/01/2027

(a)

30,000

29,046

Vital

Energy,

Inc.

9.50%,

1/15/2025

15,000

15,135

10.13%,

1/15/2028

5,000

4,980

7.75%,

7/31/2029

(a)

5,000

4,614

Warrior

Met

Coal,

Inc.,

7.88%,

12/01/2028

(a)

25,000

24,640

Weatherford

International

Ltd.

6.50%,

9/15/2028

(a)

25,000

24,879

8.63%,

4/30/2030

(a)

60,000

60,482

Welltec

International

Aps,

8.25%,

10/15/2026

(a)

10,000

10,084

Western

Midstream

Operating

LP

3.35%,

2/01/2025

50,000

47,739

3.95%,

6/01/2025

30,000

28,747

4.65%,

7/01/2026

27,000

26,037

4.50%,

3/01/2028

15,000

14,171

4.75%,

8/15/2028

30,000

28,531

4.30%,

2/01/2030

55,000

50,352

5.45%,

4/01/2044

25,000

21,986

5.30%,

3/01/2048

30,000

26,235

5.50%,

8/15/2048

10,000

8,687

5.50%,

2/01/2050

60,000

52,060

7,071,973

Financial

–

10.8%

Acrisure

LLC

/

Acrisure

Finance,

Inc.

7.00%,

11/15/2025

(a)

40,000

38,093

10.13%,

8/01/2026

(a)

15,000

15,071

4.25%,

2/15/2029

(a)

30,000

24,906

6.00%,

8/01/2029

(a)

20,000

16,496

Advisor

Group

Holdings,

Inc.,

10.75%,

8/01/2027

(a)

20,000

20,667

AG

Issuer

LLC,

6.25%,

3/01/2028

(a)

20,000

18,900

AG

TTMT

Escrow

Issuer

LLC,

8.63%,

9/30/2027

(a)

35,000

36,095

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co.-Issuer

4.25%,

10/15/2027

(a)

45,000

41,267

6.75%,

10/15/2027

(a)

65,000

60,868

5.88%,

11/01/2029

(a)

20,000

17,439

Ally

Financial,

Inc.,

5.75%,

11/20/2025

(b)

47,000

46,650

AmWINS

Group,

Inc.,

4.88%,

6/30/2029

(a)

50,000

44,020

Apollo

Commercial

Real

Estate

Finance,

Inc.,

4.63%,

6/15/2029

(a)

30,000

24,563

Aretec

Escrow

Issuer,

Inc.,

7.50%,

4/01/2029

(a)

30,000

26,621

Armor

Holdco,

Inc.,

8.50%,

11/15/2029

(a)

10,000

8,539

ASG

Finance

Designated

Activity

Co.,

7.88%,

12/03/2024

(a)

25,000

24,282

Assurant,

Inc.,

7.00%,

3/27/2048

30,000

30,097

AssuredPartners,

Inc.

7.00%,

8/15/2025

(a)

35,000

34,538

5.63%,

1/15/2029

(a)

25,000

21,348

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Financial

–

10.8%

(continued)

Avation

Capital

SA,

8.25%,

10/31/2026

(a)(c)

15,187

12,981

Blackstone

Mortgage

Trust,

Inc.,

3.75%,

1/15/2027

(a)

15,000

13,235

Brightsphere

Investment

Group,

Inc.,

4.80%,

7/27/2026

10,000

9,284

Broadstreet

Partners,

Inc.,

5.88%,

4/15/2029

(a)

30,000

26,483

Brookfield

Property

REIT,

Inc.

/

BPR

Cumulus

LLC

/

BPR

Nimbus

LLC

/

GGSI

Sellco

LLC

5.75%,

5/15/2026

(a)

35,000

33,002

4.50%,

4/01/2027

(a)

40,000

35,212

Burford

Capital

Global

Finance

LLC

6.25%,

4/15/2028

(a)

15,000

13,406

6.88%,

4/15/2030

(a)

5,000

4,558

Castlelake

Aviation

Finance

DAC,

5.00%,

4/15/2027

(a)

20,000

18,237

CNG

Holdings,

Inc.,

12.50%,

6/15/2024

(a)

10,000

8,473

Cobra

Acquisitionco

LLC,

6.38%,

11/01/2029

(a)

5,000

3,049

Coinbase

Global,

Inc.

3.38%,

10/01/2028

(a)(b)

50,000

32,248

3.63%,

10/01/2031

(a)

40,000

23,246

Compass

Group

Diversified

Holdings

LLC

5.25%,

4/15/2029

(a)

45,000

40,520

5.00%,

1/15/2032

(a)

25,000

20,522

Credit

Acceptance

Corp.

5.13%,

12/31/2024

(a)

28,000

26,254

6.63%,

3/15/2026

(b)

20,000

18,299

CTR

Partnership

LP

/

CareTrust

Capital

Corp.,

3.88%,

6/30/2028

(a)

20,000

17,896

Curo

Group

Holdings

Corp.,

7.50%,

8/01/2028

(a)

45,000

20,419

Cushman

&

Wakefield

US

Borrower

LLC,

6.75%,

5/15/2028

(a)

30,000

28,979

Diversified

Healthcare

Trust

4.75%,

5/01/2024

10,000

8,682

9.75%,

6/15/2025

21,000

20,609

4.75%,

2/15/2028

10,000

6,088

4.38%,

3/01/2031

30,000

20,355

Dresdner

Funding

Trust

I,

8.15%,

6/30/2031

(a)

55,000

59,773

Enact

Holdings,

Inc.,

6.50%,

8/15/2025

(a)

50,000

49,249

Enova

International,

Inc.

8.50%,

9/01/2024

(a)

20,000

19,568

8.50%,

9/15/2025

(a)

37,000

35,200

Enstar

Finance

LLC

5.75%,

9/01/2040

25,000

22,490

5.50%,

1/15/2042

20,000

16,495

Finance

of

America

Funding

LLC,

7.88%,

11/15/2025

(a)

10,000

6,147

Five

Point

Operating

Co.

LP

/

Five

Point

Capital

Corp.,

7.88%,

11/15/2025

(a)

37,000

33,308

Freedom

Mortgage

Corp.

8.13%,

11/15/2024

(a)

15,000

14,496

8.25%,

4/15/2025

(a)

20,000

19,069

7.63%,

5/01/2026

(a)

40,000

35,207

6.63%,

1/15/2027

(a)

30,000

24,967

Genworth

Holdings,

Inc.,

6.50%,

6/15/2034

10,000

9,000

Global

Aircraft

Leasing

Co.

Ltd.,

6.50%,

9/15/2024

(a)(c)

92,910

85,193

Global

Atlantic

Finance

Co.,

4.70%,

10/15/2051

(a)

30,000

25,952

96

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Financial

–

10.8%

(continued)

Global

NET

Lease,

Inc.

/

Global

NET

Lease

Operating

Partnership

LP,

3.75%,

12/15/2027

(a)

15,000

12,666

goeasy

Ltd.

5.38%,

12/01/2024

(a)

55,000

52,709

4.38%,

5/01/2026

(a)

20,000

17,910

Greystar

Real

Estate

Partners

LLC,

5.75%,

12/01/2025

(a)

35,000

34,565

GTCR

AP

Finance,

Inc.,

8.00%,

5/15/2027

(a)

25,000

24,548

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

6.00%,

4/15/2025

(a)

15,000

14,667

3.38%,

6/15/2026

(a)

50,000

44,389

3.75%,

9/15/2030

(a)

30,000

23,117

Hightower

Holding

LLC,

6.75%,

4/15/2029

(a)

10,000

8,620

Home

Point

Capital,

Inc.,

5.00%,

2/01/2026

(a)

35,000

25,378

Howard

Hughes

Corp.

(The)

5.38%,

8/01/2028

(a)

46,000

42,652

4.13%,

2/01/2029

(a)

45,000

38,831

4.38%,

2/01/2031

(a)

35,000

29,137

HUB

International

Ltd.

7.00%,

5/01/2026

(a)

25,000

24,869

5.63%,

12/01/2029

(a)

20,000

17,987

Hunt

Cos.,

Inc.,

5.25%,

4/15/2029

(a)

45,000

38,194

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp.

4.75%,

9/15/2024

65,000

63,421

6.38%,

12/15/2025

35,000

34,698

6.25%,

5/15/2026

60,000

59,214

5.25%,

5/15/2027

80,000

74,836

4.38%,

2/01/2029

50,000

43,577

Intesa

Sanpaolo

SpA

5.02%,

6/26/2024

(a)

101,000

98,398

5.71%,

1/15/2026

(a)

65,000

63,755

4.20%,

6/01/2032

(a)

30,000

23,825

4.95%,

6/01/2042

(a)

60,000

43,509

Iron

Mountain

Information

Management

Services,

Inc.,

5.00%,

7/15/2032

(a)

50,000

43,394

Iron

Mountain,

Inc.

4.88%,

9/15/2027

(a)

61,000

57,561

5.25%,

3/15/2028

(a)

45,000

42,782

5.00%,

7/15/2028

(a)

30,000

27,755

4.88%,

9/15/2029

(a)

74,000

66,887

5.25%,

7/15/2030

(a)

95,000

85,980

4.50%,

2/15/2031

(a)

80,000

68,582

5.63%,

7/15/2032

(a)

35,000

31,588

iStar,

Inc.

4.75%,

10/01/2024

15,000

14,926

4.25%,

8/01/2025

12,000

11,913

5.50%,

2/15/2026

(b)

10,000

10,075

Jane

Street

Group

/

JSG

Finance,

Inc.,

4.50%,

11/15/2029

(a)

20,000

17,925

Jefferies

Finance

LLC

/

JFIN

Co.-Issuer

Corp.,

5.00%,

8/15/2028

(a)

40,000

34,162

Jefferson

Capital

Holdings

LLC,

6.00%,

8/15/2026

(a)

10,000

8,402

Jones

Deslauriers

Insurance

Management,

Inc.,

10.50%,

12/15/2030

(a)

30,000

30,506

Kennedy-Wilson,

Inc.

4.75%,

3/01/2029

20,000

16,799

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Financial

–

10.8%

(continued)

4.75%,

2/01/2030

35,000

28,729

5.00%,

3/01/2031

25,000

20,423

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp.

5.25%,

10/01/2025

(a)

25,000

24,057

4.25%,

2/01/2027

(a)

20,000

17,625

4.75%,

6/15/2029

(a)

25,000

20,773

LD

Holdings

Group

LLC

6.50%,

11/01/2025

(a)

20,000

15,333

6.13%,

4/01/2028

(a)

40,000

26,048

LFS

Topco

LLC,

5.88%,

10/15/2026

(a)

20,000

16,551

Liberty

Mutual

Group,

Inc.

7.80%,

3/15/2037

(a)

30,000

33,314

4.13%,

12/15/2051

(a)

20,000

17,098

4.30%,

2/01/2061

(a)

20,000

13,087

LPL

Holdings,

Inc.

4.63%,

11/15/2027

(a)

11,000

10,468

4.00%,

3/15/2029

(a)

45,000

40,271

4.38%,

5/15/2031

(a)

10,000

8,762

MGIC

Investment

Corp.,

5.25%,

8/15/2028

50,000

47,116

Midcap

Financial

Issuer

Trust

6.50%,

5/01/2028

(a)

45,000

39,658

5.63%,

1/15/2030

(a)

10,000

8,070

MPT

Operating

Partnership

LP

/

MPT

Finance

Corp.

5.25%,

8/01/2026

33,000

30,125

5.00%,

10/15/2027

(b)

51,000

43,124

4.63%,

8/01/2029

50,000

38,886

3.50%,

3/15/2031

55,000

38,751

Nationstar

Mortgage

Holdings,

Inc.

6.00%,

1/15/2027

(a)

25,000

23,239

5.50%,

8/15/2028

(a)

50,000

43,681

5.13%,

12/15/2030

(a)

40,000

32,405

5.75%,

11/15/2031

(a)

20,000

16,222

Navient

Corp.

6.13%,

3/25/2024

33,000

32,926

5.88%,

10/25/2024

18,000

17,801

6.75%,

6/25/2025

20,000

19,957

6.75%,

6/15/2026

20,000

19,758

5.00%,

3/15/2027

25,000

22,836

4.88%,

3/15/2028

20,000

17,693

5.50%,

3/15/2029

30,000

26,557

5.63%,

8/01/2033

18,000

14,091

Necessity

Retail

REIT,

Inc.

(The)

/

American

Finance

Operating

Partner

LP,

4.50%,

9/30/2028

(a)

10,000

7,679

NFP

Corp.

4.88%,

8/15/2028

(a)

30,000

26,233

6.88%,

8/15/2028

(a)

95,000

82,260

7.50%,

10/01/2030

(a)

15,000

14,315

NMI

Holdings,

Inc.,

7.38%,

6/01/2025

(a)

40,000

40,452

Office

Properties

Income

Trust

4.25%,

5/15/2024

62,000

60,111

4.50%,

2/01/2025

74,000

68,820

2.65%,

6/15/2026

55,000

44,269

2.40%,

2/01/2027

40,000

30,610

3.45%,

10/15/2031

70,000

48,743

Ohio

National

Financial

Services,

Inc.

5.80%,

1/24/2030

(a)

21,000

19,681

97

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Financial

–

10.8%

(continued)

6.63%,

5/01/2031

(a)

10,000

9,794

OneMain

Finance

Corp.

6.13%,

3/15/2024

65,000

64,471

6.88%,

3/15/2025

71,000

70,768

7.13%,

3/15/2026

65,000

64,644

3.50%,

1/15/2027

45,000

39,307

6.63%,

1/15/2028

35,000

34,067

3.88%,

9/15/2028

15,000

12,628

5.38%,

11/15/2029

22,000

19,257

4.00%,

9/15/2030

(b)

25,000

19,926

Oxford

Finance

LLC

/

Oxford

Finance

Co.-Issuer

II,

Inc.,

6.38%,

2/01/2027

(a)

15,000

14,347

Pacific

Western

Bank,

3.25%,

5/01/2031

45,000

43,064

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co.-Issuer

7.50%,

6/01/2025

(a)

25,000

25,350

5.88%,

10/01/2028

(a)

30,000

27,757

4.88%,

5/15/2029

(a)

30,000

26,083

Pennymac

Financial

Services,

Inc.

5.38%,

10/15/2025

(a)

51,000

47,568

4.25%,

2/15/2029

(a)

40,000

32,875

5.75%,

9/15/2031

(a)

30,000

25,259

PHH

Mortgage

Corp.,

7.88%,

3/15/2026

(a)

15,000

13,701

PRA

Group,

Inc.

7.38%,

9/01/2025

(a)

20,000

19,870

8.38%,

2/01/2028

(a)

26,000

26,196

5.00%,

10/01/2029

(a)

30,000

25,868

Provident

Financing

Trust

I,

7.41%,

3/15/2038

5,000

5,318

Provident

Funding

Associates

LP

/

PFG

Finance

Corp.,

6.38%,

6/15/2025

(a)

15,000

14,059

Realogy

Group

LLC

/

Realogy

Co.-Issuer

Corp.

5.75%,

1/15/2029

(a)

60,000

47,070

5.25%,

4/15/2030

(a)(b)

45,000

33,748

RHP

Hotel

Properties

LP

/

RHP

Finance

Corp.

4.75%,

10/15/2027

20,000

18,768

4.50%,

2/15/2029

(a)

20,000

17,813

Rithm

Capital

Corp.,

6.25%,

10/15/2025

(a)

25,000

23,280

RLJ

Lodging

Trust

LP

3.75%,

7/01/2026

(a)

20,000

18,368

4.00%,

9/15/2029

(a)

10,000

8,400

Rocket

Mortgage

LLC

/

Rocket

Mortgage

Co.-

Issuer,

Inc.

2.88%,

10/15/2026

(a)

60,000

53,520

3.63%,

3/01/2029

(a)

35,000

29,533

3.88%,

3/01/2031

(a)

55,000

44,794

4.00%,

10/15/2033

(a)

40,000

31,714

Ryan

Specialty

Group

LLC,

4.38%,

2/01/2030

(a)

25,000

22,528

Sagicor

Financial

Co.

Ltd.,

5.30%,

5/13/2028

(a)

25,000

24,327

SBA

Communications

Corp.

3.88%,

2/15/2027

75,000

69,284

3.13%,

2/01/2029

70,000

59,334

Service

Properties

Trust

4.65%,

3/15/2024

25,000

24,413

4.35%,

10/01/2024

30,000

28,281

4.50%,

3/15/2025

20,000

18,107

7.50%,

9/15/2025

30,000

29,550

5.25%,

2/15/2026

20,000

17,301

4.75%,

10/01/2026

25,000

20,654

4.95%,

2/15/2027

12,000

9,867

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Financial

–

10.8%

(continued)

5.50%,

12/15/2027

20,000

17,731

3.95%,

1/15/2028

30,000

22,865

4.95%,

10/01/2029

15,000

11,267

4.38%,

2/15/2030

15,000

10,943

SLM

Corp.

4.20%,

10/29/2025

45,000

42,143

3.13%,

11/02/2026

25,000

22,075

Starwood

Property

Trust,

Inc.

3.75%,

12/31/2024

(a)

25,000

23,752

4.75%,

3/15/2025

23,000

22,254

3.63%,

7/15/2026

(a)

14,000

12,565

4.38%,

1/15/2027

(a)

15,000

13,494

Stonex

Group,

Inc.,

8.63%,

6/15/2025

(a)

25,000

25,266

Synovus

Financial

Corp.,

5.90%,

2/07/2029

20,000

19,809

Texas

Capital

Bancshares,

Inc.,

4.00%,

5/06/2031

5,000

4,545

UniCredit

SpA

5.86%,

6/19/2032

(a)

35,000

32,285

7.30%,

4/02/2034

(a)

50,000

48,633

5.46%,

6/30/2035

(a)

65,000

56,927

United

Wholesale

Mortgage

LLC

5.50%,

11/15/2025

(a)

45,000

42,197

5.75%,

6/15/2027

(a)

27,000

24,246

5.50%,

4/15/2029

(a)

40,000

34,402

Uniti

Group

LP

/

Uniti

Fiber

Holdings,

Inc.

/

CSL

Capital

LLC

7.88%,

2/15/2025

(a)

55,000

54,269

6.00%,

1/15/2030

(a)

31,000

20,571

Uniti

Group

LP

/

Uniti

Group

Finance,

Inc.

/

CSL

Capital

LLC

4.75%,

4/15/2028

(a)

20,000

16,396

6.50%,

2/15/2029

(a)

65,000

44,954

USI,

Inc.,

6.88%,

5/01/2025

(a)

25,000

24,877

VistaJet

Malta

Finance

PLC

/

XO

Management

Holding,

Inc.

7.88%,

5/01/2027

(a)

25,000

24,192

6.38%,

2/01/2030

(a)

35,000

30,895

WeWork

Cos.

LLC

/

WW

Co.-Obligor,

Inc.,

5.00%,

7/10/2025

(a)

30,000

12,661

WeWork

Cos.,

Inc.,

7.88%,

5/01/2025

(a)

30,000

16,193

Wilton

RE

Ltd.,

6.00%

(a)(d)

15,000

13,345

World

Acceptance

Corp.,

7.00%,

11/01/2026

(a)

25,000

19,300

XHR

LP

6.38%,

8/15/2025

(a)

20,000

19,803

4.88%,

6/01/2029

(a)

30,000

26,631

6,406,245

Industrial

–

10.7%

Advanced

Drainage

Systems,

Inc.

5.00%,

9/30/2027

(a)

25,000

23,858

6.38%,

6/15/2030

(a)

20,000

19,868

AECOM,

5.13%,

3/15/2027

43,000

42,247

AerCap

Global

Aviation

Trust,

6.50%,

6/15/2045

(a)

30,000

29,328

Amsted

Industries,

Inc.

5.63%,

7/01/2027

(a)

25,000

24,575

4.63%,

5/15/2030

(a)

25,000

22,337

Arcosa,

Inc.,

4.38%,

4/15/2029

(a)

35,000

31,254

ARD

Finance

SA,

6.50%,

6/30/2027

(a)(c)

50,000

39,182

98

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Industrial

–

10.7%

(continued)

Ardagh

Metal

Packaging

Finance

USA

LLC

/

Ardagh

Metal

Packaging

Finance

PLC

6.00%,

6/15/2027

(a)

20,000

20,001

3.25%,

9/01/2028

(a)

30,000

26,322

4.00%,

9/01/2029

(a)

40,000

33,123

Ardagh

Packaging

Finance

PLC

/

Ardagh

Holdings

USA,

Inc.

5.25%,

4/30/2025

(a)

45,000

44,071

4.13%,

8/15/2026

(a)

60,000

54,771

5.25%,

8/15/2027

(a)

40,000

32,763

5.25%,

8/15/2027

(a)

45,000

37,097

Artera

Services

LLC,

9.03%,

12/04/2025

(a)

40,000

34,204

Atkore,

Inc.,

4.25%,

6/01/2031

(a)

20,000

17,581

ATS

Corp.,

4.13%,

12/15/2028

(a)

20,000

17,928

Ball

Corp.

5.25%,

7/01/2025

40,000

39,788

4.88%,

3/15/2026

28,000

27,589

6.88%,

3/15/2028

30,000

30,965

2.88%,

8/15/2030

50,000

41,084

3.13%,

9/15/2031

(b)

25,000

20,491

Berry

Global,

Inc.

4.50%,

2/15/2026

(a)

5,000

4,855

5.63%,

7/15/2027

(a)(b)

25,000

24,576

Boise

Cascade

Co.,

4.88%,

7/01/2030

(a)

25,000

22,538

Bombardier,

Inc.

7.50%,

12/01/2024

(a)

15,000

15,291

7.50%,

3/15/2025

(a)

26,000

26,023

7.13%,

6/15/2026

(a)

55,000

54,785

7.88%,

4/15/2027

(a)(b)

88,000

87,999

6.00%,

2/15/2028

(a)

35,000

33,227

7.50%,

2/01/2029

(a)

15,000

15,019

7.45%,

5/01/2034

(a)

15,000

15,322

Brand

Industrial

Services,

Inc.,

8.50%,

7/15/2025

(a)

45,000

36,821

Brundage-Bone

Concrete

Pumping

Holdings,

Inc.,

6.00%,

2/01/2026

(a)

15,000

14,285

Builders

FirstSource,

Inc.

5.00%,

3/01/2030

(a)

25,000

23,333

4.25%,

2/01/2032

(a)

60,000

51,630

6.38%,

6/15/2032

(a)

30,000

29,379

BWX

Technologies,

Inc.

4.13%,

6/30/2028

(a)

25,000

22,668

4.13%,

4/15/2029

(a)

35,000

31,634

Camelot

Return

Merger

Sub,

Inc.,

8.75%,

8/01/2028

(a)

45,000

42,309

Cargo

Aircraft

Management,

Inc.,

4.75%,

2/01/2028

(a)

20,000

18,094

Carriage

Purchaser,

Inc.,

7.88%,

10/15/2029

(a)

30,000

21,758

Cascades,

Inc.

/

Cascades

USA,

Inc.

5.13%,

1/15/2026

(a)

30,000

28,003

5.38%,

1/15/2028

(a)

25,000

23,295

Cellnex

Finance

Co.

SA,

3.88%,

7/07/2041

(a)

25,000

18,557

Chart

Industries,

Inc.

7.50%,

1/01/2030

(a)

80,000

81,721

9.50%,

1/01/2031

(a)

40,000

41,747

Clean

Harbors,

Inc.

4.88%,

7/15/2027

(a)

31,000

29,904

5.13%,

7/15/2029

(a)

23,000

22,129

6.38%,

2/01/2031

(a)

10,000

10,203

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Industrial

–

10.7%

(continued)

Clydesdale

Acquisition

Holdings,

Inc.

6.63%,

4/15/2029

(a)

30,000

29,557

8.75%,

4/15/2030

(a)

55,000

48,639

Coherent

Corp.,

5.00%,

12/15/2029

(a)

35,000

32,000

Cornerstone

Building

Brands,

Inc.,

6.13%,

1/15/2029

(a)

20,000

14,961

Covanta

Holding

Corp.

4.88%,

12/01/2029

(a)

20,000

17,478

5.00%,

9/01/2030

5,000

4,268

CP

Atlas

Buyer,

Inc.,

7.00%,

12/01/2028

(a)

20,000

15,449

Crown

Americas

LLC,

5.25%,

4/01/2030

(b)

30,000

28,875

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp.

V,

4.25%,

9/30/2026

10,000

9,564

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp.

VI,

4.75%,

2/01/2026

25,000

24,394

Crown

Cork

&

Seal

Co.,

Inc.,

7.38%,

12/15/2026

25,000

26,110

Danaos

Corp.,

8.50%,

3/01/2028

(a)

15,000

14,494

Dycom

Industries,

Inc.,

4.50%,

4/15/2029

(a)

20,000

17,887

Eco

Material

Technologies,

Inc.,

7.88%,

1/31/2027

(a)

20,000

19,258

Energizer

Holdings,

Inc.

6.50%,

12/31/2027

(a)

10,000

9,761

4.75%,

6/15/2028

(a)

40,000

35,800

4.38%,

3/31/2029

(a)

45,000

39,007

EnerSys,

4.38%,

12/15/2027

(a)

13,000

12,009

EnPro

Industries,

Inc.,

5.75%,

10/15/2026

10,000

9,858

F-Brasile

SpA

/

F-Brasile

US

LLC,

Series

XR,

7.38%,

8/15/2026

(a)

20,000

16,393

First

Student

Bidco,

Inc.

/

First

Transit

Parent,

Inc.,

4.00%,

7/31/2029

(a)

30,000

25,053

Fluor

Corp.

3.50%,

12/15/2024

5,000

4,874

4.25%,

9/15/2028

(b)

10,000

9,331

Fortress

Transportation

&

Infrastructure

Investors

LLC

6.50%,

10/01/2025

(a)

34,000

32,896

9.75%,

8/01/2027

(a)

15,000

15,438

5.50%,

5/01/2028

(a)

40,000

35,241

FXI

Holdings,

Inc.

7.88%,

11/01/2024

(a)

25,000

22,535

12.25%,

11/15/2026

(a)

45,000

40,736

Gates

Global

LLC

/

Gates

Corp.,

6.25%,

1/15/2026

(a)

34,000

33,495

GFL

Environmental,

Inc.

4.25%,

6/01/2025

(a)

10,000

9,680

3.75%,

8/01/2025

(a)

35,000

33,285

5.13%,

12/15/2026

(a)

20,000

19,462

4.00%,

8/01/2028

(a)

25,000

22,192

3.50%,

9/01/2028

(a)

25,000

22,268

4.75%,

6/15/2029

(a)

35,000

31,636

4.38%,

8/15/2029

(a)

30,000

26,598

Global

Infrastructure

Solutions,

Inc.

5.63%,

6/01/2029

(a)

15,000

12,340

7.50%,

4/15/2032

(a)

5,000

4,262

Graftech

Finance,

Inc.,

4.63%,

12/15/2028

(a)

15,000

13,030

Graham

Packaging

Co.,

Inc.,

7.13%,

8/15/2028

(a)

35,000

30,746

Granite

US

Holdings

Corp.,

11.00%,

10/01/2027

(a)

20,000

21,088

99

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Industrial

–

10.7%

(continued)

Graphic

Packaging

International

LLC

4.13%,

8/15/2024

5,000

4,920

4.75%,

7/15/2027

(a)

23,000

22,129

3.50%,

3/15/2028

(a)

26,000

23,376

3.50%,

3/01/2029

(a)

30,000

26,421

3.75%,

2/01/2030

(a)

20,000

17,454

Great

Lakes

Dredge

&

Dock

Corp.,

5.25%,

6/01/2029

(a)

15,000

12,647

Griffon

Corp.,

5.75%,

3/01/2028

40,000

37,873

Harsco

Corp.,

5.75%,

7/31/2027

(a)

35,000

29,600

Hillenbrand,

Inc.

5.75%,

6/15/2025

15,000

15,076

5.00%,

9/15/2026

30,000

29,181

3.75%,

3/01/2031

25,000

21,069

Howmet

Aerospace,

Inc.

5.13%,

10/01/2024

30,000

29,889

6.88%,

5/01/2025

15,000

15,438

5.90%,

2/01/2027

25,000

25,431

6.75%,

1/15/2028

25,000

26,222

3.00%,

1/15/2029

30,000

26,179

5.95%,

2/01/2037

33,000

33,282

Husky

III

Holding

Ltd.,

13.00%,

2/15/2025

(a)(c)

20,000

18,531

Imola

Merger

Corp.,

4.75%,

5/15/2029

(a)

125,000

108,794

Innovate

Corp.,

8.50%,

2/01/2026

(a)

10,000

7,534

Intelligent

Packaging

Ltd.

Finco,

Inc.

/

Intelligent

Packaging

Ltd.

Co.-Issuer

LLC,

6.00%,

9/15/2028

(a)

25,000

22,297

James

Hardie

International

Finance

DAC,

5.00%,

1/15/2028

(a)

25,000

23,889

JELD-WEN,

Inc.

6.25%,

5/15/2025

(a)

30,000

28,809

4.63%,

12/15/2025

(a)

25,000

22,123

4.88%,

12/15/2027

(a)

26,000

21,218

JPW

Industries

Holding

Corp.,

9.00%,

10/01/2024

(a)

10,000

8,925

Koppers,

Inc.,

6.00%,

2/15/2025

(a)

30,000

29,752

LABL

Escrow

Issuer

LLC,

10.50%,

7/15/2027

(a)

30,000

28,529

LABL,

Inc.

6.75%,

7/15/2026

(a)

35,000

33,920

5.88%,

11/01/2028

(a)

20,000

18,075

8.25%,

11/01/2029

(a)

25,000

20,951

Likewize

Corp.,

9.75%,

10/15/2025

(a)

35,000

33,051

Louisiana-Pacific

Corp.,

3.63%,

3/15/2029

(a)

30,000

26,076

LSB

Industries,

Inc.,

6.25%,

10/15/2028

(a)

15,000

13,516

Madison

IAQ

LLC

4.13%,

6/30/2028

(a)

45,000

39,630

5.88%,

6/30/2029

(a)

45,000

36,155

Manitowoc

Co.,

Inc.

(The),

9.00%,

4/01/2026

(a)

(b)

6,000

5,901

Masonite

International

Corp.

5.38%,

2/01/2028

(a)

25,000

23,447

3.50%,

2/15/2030

(a)

20,000

16,639

Matthews

International

Corp.,

5.25%,

12/01/2025

(a)

23,000

21,946

Mauser

Packaging

Solutions

Holding

Co.

5.50%,

4/15/2024

(a)

63,000

62,942

8.50%,

4/15/2024

(a)

15,000

15,336

7.25%,

4/15/2025

(a)

71,000

69,058

7.88%,

8/15/2026

(a)

52,000

52,455

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Industrial

–

10.7%

(continued)

Maxim

Crane

Works

Holdings

Capital

LLC,

10.13%,

8/01/2024

(a)

15,000

14,579

MIWD

Holdco

II

LLC

/

MIWD

Finance

Corp.,

5.50%,

2/01/2030

(a)

20,000

16,642

Moog,

Inc.,

4.25%,

12/15/2027

(a)

32,000

29,680

Mueller

Water

Products,

Inc.,

4.00%,

6/15/2029

(a)

5,000

4,464

NAC

Aviation

29

DAC,

4.75%,

6/30/2026

30,000

26,321

New

Enterprise

Stone

&

Lime

Co.,

Inc.

5.25%,

7/15/2028

(a)

20,000

18,407

9.75%,

7/15/2028

(a)

10,000

9,502

OI

European

Group

BV,

4.75%,

2/15/2030

(a)

10,000

8,986

Oscar

Acquisitionco

LLC

/

Oscar

Finance,

Inc.,

9.50%,

4/15/2030

(a)

30,000

27,048

OT

Merger

Corp.,

7.88%,

10/15/2029

(a)

10,000

6,424

Owens-Brockway

Glass

Container,

Inc.

5.38%,

1/15/2025

(a)

10,000

9,702

6.38%,

8/15/2025

(a)

25,000

24,514

6.63%,

5/13/2027

(a)(b)

15,000

14,746

Pactiv

Evergreen

Group

Issuer

LLC

/

Pactiv

Evergreen

Group

Issuer,

Inc.,

4.38%,

10/15/2028

(a)

24,000

21,340

Pactiv

Evergreen

Group

Issuer,

Inc.

/

Pactiv

Evergreen

Group

Issuer

LLC

/

Reynolds

Group

Issuer,

Inc.,

4.00%,

10/15/2027

(a)

40,000

35,934

Pactiv

LLC

7.95%,

12/15/2025

15,000

14,866

8.38%,

4/15/2027

20,000

19,657

Park-Ohio

Industries,

Inc.,

6.63%,

4/15/2027

20,000

14,810

PGT

Innovations,

Inc.,

4.38%,

10/01/2029

(a)

35,000

30,195

Promontoria

Holding

264

BV,

7.88%,

3/01/2027

(a)

20,000

18,913

Railworks

Holdings

LP

/

Railworks

Rally,

Inc.,

8.25%,

11/15/2028

(a)

15,000

13,914

Roller

Bearing

Co.

of

America,

Inc.,

4.38%,

10/15/2029

(a)

25,000

22,507

Rolls-Royce

PLC

3.63%,

10/14/2025

(a)

55,000

51,328

5.75%,

10/15/2027

(a)

43,000

41,823

Sealed

Air

Corp.

5.13%,

12/01/2024

(a)

10,000

9,962

5.50%,

9/15/2025

(a)

10,000

9,950

4.00%,

12/01/2027

(a)

15,000

13,872

6.13%,

2/01/2028

(a)

50,000

50,504

5.00%,

4/15/2029

(a)

30,000

28,444

6.88%,

7/15/2033

(a)

33,000

34,321

Seaspan

Corp.,

5.50%,

8/01/2029

(a)

25,000

19,109

Sensata

Technologies

BV

5.63%,

11/01/2024

(a)

10,000

10,033

5.00%,

10/01/2025

(a)

20,000

19,776

4.00%,

4/15/2029

(a)

45,000

40,390

5.88%,

9/01/2030

(a)

20,000

19,623

Sensata

Technologies,

Inc.

4.38%,

2/15/2030

(a)

16,000

14,485

3.75%,

2/15/2031

(a)

35,000

29,877

Silgan

Holdings,

Inc.,

4.13%,

2/01/2028

5,000

4,673

Smyrna

Ready

Mix

Concrete

LLC,

6.00%,

11/01/2028

(a)

55,000

50,065

100

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Industrial

–

10.7%

(continued)

Spirit

AeroSystems,

Inc.

7.50%,

4/15/2025

(a)

45,000

45,149

3.85%,

6/15/2026

10,000

9,394

4.60%,

6/15/2028

45,000

38,192

9.38%,

11/30/2029

(a)

40,000

43,443

SPX

Flow,

Inc.,

8.75%,

4/01/2030

(a)

40,000

33,081

Standard

Industries,

Inc.

5.00%,

2/15/2027

(a)

50,000

47,613

4.75%,

1/15/2028

(a)

50,000

46,835

4.38%,

7/15/2030

(a)

85,000

72,878

3.38%,

1/15/2031

(a)

65,000

51,711

Stericycle,

Inc.

5.38%,

7/15/2024

(a)

25,000

24,775

3.88%,

1/15/2029

(a)

35,000

31,103

Stevens

Holding

Co.,

Inc.,

6.13%,

10/01/2026

(a)

5,000

5,074

Summit

Materials

LLC

/

Summit

Materials

Finance

Corp.

6.50%,

3/15/2027

(a)

25,000

24,919

5.25%,

1/15/2029

(a)

45,000

42,275

Terex

Corp.,

5.00%,

5/15/2029

(a)

15,000

14,003

Tervita

Corp.,

11.00%,

12/01/2025

(a)

26,000

28,146

Titan

Acquisition

Ltd.

/

Titan

Co.-Borrower

LLC,

7.75%,

4/15/2026

(a)

20,000

18,914

TK

Elevator

Holdco

GMBH,

7.63%,

7/15/2028

(a)

20,000

17,766

TK

Elevator

US

Newco,

Inc.,

5.25%,

7/15/2027

(a)

70,000

64,680

Topbuild

Corp.

3.63%,

3/15/2029

(a)

50,000

42,677

4.13%,

2/15/2032

(a)

45,000

38,171

TransDigm

UK

Holdings

PLC,

6.88%,

5/15/2026

35,000

34,698

TransDigm,

Inc.

8.00%,

12/15/2025

(a)

45,000

45,927

6.25%,

3/15/2026

(a)

220,000

219,918

6.38%,

6/15/2026

38,000

37,526

7.50%,

3/15/2027

30,000

30,229

5.50%,

11/15/2027

150,000

143,248

4.63%,

1/15/2029

75,000

67,704

4.88%,

5/01/2029

35,000

31,654

Trident

TPI

Holdings,

Inc.

9.25%,

8/01/2024

(a)

15,000

14,736

6.63%,

11/01/2025

(a)

10,000

9,020

Trimas

Corp.,

4.13%,

4/15/2029

(a)

25,000

22,251

Trinity

Industries,

Inc.,

4.55%,

10/01/2024

15,000

14,502

Triumph

Group,

Inc.

8.88%,

6/01/2024

(a)

8,000

8,152

6.25%,

9/15/2024

(a)

20,000

19,333

7.75%,

8/15/2025

13,000

11,060

Trivium

Packaging

Finance

BV

5.50%,

8/15/2026

(a)

40,000

38,432

8.50%,

8/15/2027

(a)

35,000

33,687

TTM

Technologies,

Inc.,

4.00%,

3/01/2029

(a)

30,000

26,209

Tutor

Perini

Corp.,

6.88%,

5/01/2025

(a)

25,000

22,270

Vertiv

Group

Corp.,

4.13%,

11/15/2028

(a)

40,000

34,795

Victors

Merger

Corp.,

6.38%,

5/15/2029

(a)

40,000

24,757

VM

Consolidated,

Inc.,

5.50%,

4/15/2029

(a)

20,000

18,425

Waste

Pro

USA,

Inc.,

5.50%,

2/15/2026

(a)

22,000

20,462

Watco

Cos.

LLC

/

Watco

Finance

Corp.,

6.50%,

6/15/2027

(a)

30,000

28,333

Weekley

Homes

LLC

/

Weekley

Finance

Corp.,

4.88%,

9/15/2028

(a)

20,000

17,400

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Industrial

–

10.7%

(continued)

Weir

Group

PLC

(The),

2.20%,

5/13/2026

(a)

40,000

35,797

Werner

FinCo

LP

/

Werner

FinCo,

Inc.,

8.75%,

7/15/2025

(a)

10,000

6,720

WESCO

Distribution,

Inc.

7.13%,

6/15/2025

(a)

40,000

40,636

7.25%,

6/15/2028

(a)

55,000

56,568

Western

Global

Airlines

LLC,

10.38%,

8/15/2025

(a)

5,000

3,499

XPO

CNW,

Inc.,

6.70%,

5/01/2034

5,000

4,548

XPO

Escrow

Sub

LLC,

7.50%,

11/15/2027

(a)

25,000

25,692

6,395,539

Technology

–

4.5%

ACI

Worldwide,

Inc.,

5.75%,

8/15/2026

(a)

15,000

14,858

Ahead

DB

Holdings

LLC,

6.63%,

5/01/2028

(a)

15,000

12,681

Amkor

Technology,

Inc.,

6.63%,

9/15/2027

(a)

30,000

30,105

ams-OSRAM

AG,

7.00%,

7/31/2025

(a)

25,000

24,126

Athenahealth

Group,

Inc.,

6.50%,

2/15/2030

(a)

115,000

94,904

Avaya,

Inc.,

6.13%,

9/15/2028

(a)

50,000

14,781

Black

Knight

Infoserv

LLC,

3.63%,

9/01/2028

(a)

45,000

40,040

Booz

Allen

Hamilton,

Inc.

3.88%,

9/01/2028

(a)

35,000

31,611

4.00%,

7/01/2029

(a)

25,000

22,459

Boxer

Parent

Co.,

Inc.

7.13%,

10/02/2025

(a)

35,000

34,770

9.13%,

3/01/2026

(a)

20,000

19,065

Camelot

Finance

SA,

4.50%,

11/01/2026

(a)

20,000

19,028

Castle

US

Holding

Corp.,

9.50%,

2/15/2028

(a)

10,000

3,904

Central

Parent,

Inc.

/

Central

Merger

Sub,

Inc.,

7.25%,

6/15/2029

(a)(b)

50,000

49,894

Clarivate

Science

Holdings

Corp.

3.88%,

7/01/2028

(a)

35,000

31,249

4.88%,

7/01/2029

(a)

40,000

35,176

Cloud

Software

Group

Holdings,

Inc.,

6.50%,

3/31/2029

(a)

220,000

193,037

Conduent

Business

Services

LLC

/

Conduent

State

&

Local

Solutions,

Inc.,

6.00%,

11/01/2029

(a)

35,000

31,162

Consensus

Cloud

Solutions,

Inc.

6.00%,

10/15/2026

(a)

10,000

9,601

6.50%,

10/15/2028

(a)

25,000

23,415

Crowdstrike

Holdings,

Inc.,

3.00%,

2/15/2029

15,000

12,894

CWT

Travel

Group,

Inc.,

8.50%,

11/19/2026

(a)

25,000

21,195

Diebold

Nixdorf,

Inc.

9.38%,

7/15/2025

(a)

30,000

19,742

9.38%,

7/15/2025

(a)

33,000

21,465

Dun

&

Bradstreet

Corp.

(The),

5.00%,

12/15/2029

(a)

15,000

13,378

Elastic

NV,

4.13%,

7/15/2029

(a)

20,000

17,135

Entegris

Escrow

Corp.,

5.95%,

6/15/2030

(a)

45,000

43,226

Entegris,

Inc.

4.38%,

4/15/2028

(a)

15,000

13,577

3.63%,

5/01/2029

(a)(b)

40,000

34,240

Exela

Intermediate

LLC

/

Exela

Finance,

Inc.,

11.50%,

7/15/2026

(a)(e)

40,000

4,868

Fair

Isaac

Corp.

5.25%,

5/15/2026

(a)

10,000

9,928

4.00%,

6/15/2028

(a)

40,000

37,155

Helios

Software

Holdings,

Inc.

/

Ion

Corporate

Solutions

Finance

Sarl,

4.63%,

5/01/2028

(a)

15,000

12,051

101

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Technology

–

4.5%

(continued)

KBR,

Inc.,

4.75%,

9/30/2028

(a)

20,000

18,133

McAfee

Corp.,

7.38%,

2/15/2030

(a)

95,000

78,559

Microstrategy,

Inc.,

6.13%,

6/15/2028

(a)(b)

10,000

8,498

MSCI,

Inc.

4.00%,

11/15/2029

(a)

55,000

50,152

3.63%,

9/01/2030

(a)

52,000

45,517

3.88%,

2/15/2031

(a)

65,000

57,341

3.63%,

11/01/2031

(a)

50,000

42,872

3.25%,

8/15/2033

(a)

40,000

32,771

NCR

Corp.

5.75%,

9/01/2027

(a)

15,000

14,633

5.00%,

10/01/2028

(a)

15,000

13,343

5.13%,

4/15/2029

(a)

50,000

43,505

6.13%,

9/01/2029

(a)

11,000

10,894

5.25%,

10/01/2030

(a)

5,000

4,342

ON

Semiconductor

Corp.,

3.88%,

9/01/2028

(a)

30,000

27,356

Open

Text

Corp.

3.88%,

2/15/2028

(a)

55,000

47,803

3.88%,

12/01/2029

(a)

60,000

49,942

Open

Text

Holdings,

Inc.

4.13%,

2/15/2030

(a)

55,000

46,230

4.13%,

12/01/2031

(a)

40,000

32,515

Pitney

Bowes,

Inc.

6.88%,

3/15/2027

(a)

40,000

33,597

7.25%,

3/15/2029

(a)

30,000

23,583

Playtika

Holding

Corp.,

4.25%,

3/15/2029

(a)

35,000

29,079

Presidio

Holdings,

Inc.

4.88%,

2/01/2027

(a)

30,000

27,949

8.25%,

2/01/2028

(a)

30,000

28,844

PTC,

Inc.

3.63%,

2/15/2025

(a)

25,000

23,979

4.00%,

2/15/2028

(a)

37,000

34,479

Rackspace

Technology

Global,

Inc.

3.50%,

2/15/2028

(a)

30,000

18,038

5.38%,

12/01/2028

(a)

20,000

7,356

Roblox

Corp.,

3.88%,

5/01/2030

(a)

25,000

21,069

Rocket

Software,

Inc.,

6.50%,

2/15/2029

(a)

35,000

29,201

RRD

Parent,

Inc.,

10.00%,

10/15/2031

(a)(c)

20,555

35,149

Science

Applications

International

Corp.,

4.88%,

4/01/2028

(a)

30,000

28,116

Seagate

HDD

Cayman

4.88%,

3/01/2024

25,000

24,744

4.75%,

1/01/2025

30,000

29,447

4.88%,

6/01/2027

20,000

19,404

4.09%,

6/01/2029

35,000

31,097

3.13%,

7/15/2029

15,000

12,090

4.13%,

1/15/2031

29,000

24,365

9.63%,

12/01/2032

(a)

50,000

56,635

5.75%,

12/01/2034

25,000

22,938

SS&C

Technologies,

Inc.,

5.50%,

9/30/2027

(a)

75,000

72,099

Synaptics,

Inc.,

4.00%,

6/15/2029

(a)

20,000

17,370

Tempo

Acquisition

LLC

/

Tempo

Acquisition

Finance

Corp.,

5.75%,

6/01/2025

(a)

5,000

5,049

Twilio,

Inc.

3.63%,

3/15/2029

5,000

4,247

3.88%,

3/15/2031

5,000

4,145

Unisys

Corp.,

6.88%,

11/01/2027

(a)

50,000

37,905

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Technology

–

4.5%

(continued)

Vericast

Corp.

11.00%,

9/15/2026

(a)

50,000

54,138

12.50%,

12/15/2027

(a)

20,000

22,453

Veritas

US,

Inc.

/

Veritas

Bermuda

Ltd.,

7.50%,

9/01/2025

(a)

90,000

59,369

Virtusa

Corp.,

7.13%,

12/15/2028

(a)

15,000

12,603

Xerox

Corp.

3.80%,

5/15/2024

8,000

7,729

4.80%,

3/01/2035

33,000

22,515

6.75%,

12/15/2039

26,000

20,407

Xerox

Holdings

Corp.

5.00%,

8/15/2025

(a)(b)

55,000

51,427

5.50%,

8/15/2028

(a)

55,000

46,897

ZoomInfo

Technologies

LLC

/

ZoomInfo

Finance

Corp.,

3.88%,

2/01/2029

(a)

30,000

25,878

2,646,516

Utilities

–

2.4%

Algonquin

Power

&

Utilities

Corp.,

4.75%,

1/18/2082

30,000

25,258

AmeriGas

Partners

LP

/

AmeriGas

Finance

Corp.

5.63%,

5/20/2024

32,000

31,525

5.50%,

5/20/2025

35,000

34,058

5.88%,

8/20/2026

35,000

33,807

5.75%,

5/20/2027

20,000

18,849

Atlantica

Sustainable

Infrastructure

PLC,

4.13%,

6/15/2028

(a)

15,000

13,365

Calpine

Corp.

5.25%,

6/01/2026

(a)

19,000

18,410

4.50%,

2/15/2028

(a)

51,000

47,100

5.13%,

3/15/2028

(a)(b)

59,000

53,407

4.63%,

2/01/2029

(a)

25,000

21,727

5.00%,

2/01/2031

(a)

50,000

42,845

3.75%,

3/01/2031

(a)

50,000

41,695

Clearway

Energy

Operating

LLC

4.75%,

3/15/2028

(a)

50,000

47,145

3.75%,

2/15/2031

(a)

45,000

38,070

3.75%,

1/15/2032

(a)

20,000

16,517

DPL,

Inc.

4.13%,

7/01/2025

30,000

28,629

4.35%,

4/15/2029

12,000

11,011

Drax

Finco

PLC,

6.63%,

11/01/2025

(a)

30,000

29,284

FirstEnergy

Corp.

2.05%,

3/01/2025

5,000

4,691

Series

A,

1.60%,

1/15/2026

20,000

18,054

Series

B,

4.15%,

7/15/2027

78,000

74,534

2.65%,

3/01/2030

25,000

21,357

Series

B,

2.25%,

9/01/2030

15,000

12,325

Series

C,

7.38%,

11/15/2031

25,000

28,842

Series

C,

5.10%,

7/15/2047

36,000

33,207

Series

C,

3.40%,

3/01/2050

30,000

21,330

Leeward

Renewable

Energy

Operations

LLC,

4.25%,

7/01/2029

(a)

25,000

22,120

Midland

Cogeneration

Venture

LP,

6.00%,

3/15/2025

(a)

7,269

7,411

NextEra

Energy

Operating

Partners

LP

4.25%,

7/15/2024

(a)

25,000

24,482

3.88%,

10/15/2026

(a)

22,000

20,502

4.50%,

9/15/2027

(a)

20,000

18,840

102

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.7%

(continued)

Utilities

–

2.4%

(continued)

NRG

Energy,

Inc.

6.63%,

1/15/2027

10,000

10,008

5.75%,

1/15/2028

37,000

35,336

3.38%,

2/15/2029

(a)

20,000

16,571

5.25%,

6/15/2029

(a)

30,000

27,085

3.63%,

2/15/2031

(a)

40,000

31,710

3.88%,

2/15/2032

(a)

50,000

38,942

Panoche

Energy

Center

LLC,

6.89%,

7/31/2029

(a)

10,289

10,053

Pattern

Energy

Operations

LP

/

Pattern

Energy

Operations,

Inc.,

4.50%,

8/15/2028

(a)

40,000

36,705

PG&E

Corp.

5.00%,

7/01/2028

(b)

50,000

46,775

5.25%,

7/01/2030

45,000

41,466

Pike

Corp.,

5.50%,

9/01/2028

(a)

30,000

26,481

Solaris

Midstream

Holdings

LLC,

7.63%,

4/01/2026

(a)

15,000

15,008

Terraform

Global

Operating

LP,

6.13%,

3/01/2026

(a)

20,000

19,024

TransAlta

Corp.

7.75%,

11/15/2029

15,000

15,486

6.50%,

3/15/2040

20,000

19,201

Vistra

Operations

Co.

LLC

5.50%,

9/01/2026

(a)

43,000

41,891

5.63%,

2/15/2027

(a)

51,000

49,420

5.00%,

7/31/2027

(a)

65,000

61,139

4.38%,

5/01/2029

(a)

60,000

52,813

1,455,511

Total

Corporate

Bonds

(cost

$60,872,265)

58,184,638

Shares

Investment

Companies

–

0.9%

Registered

Investment

Companies

–

0.9%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(f)

(cost

$554,794)

554,794

554,794

Investment

of

Cash

Collateral

for

Securities

Loaned

–

3.2%

Registered

Investment

Companies

–

3.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

4.30%

(f)(g)

(cost

$1,885,829)

1,885,829

1,885,829

Total

Investments

(cost

$63,312,888)

101.8%

60,625,261

Liabilities,

Less

Cash

and

Receivables

(1.8)%

(1,088,983)

Net

Assets

100.0%

59,536,278

REIT—Real

Estate

Investment

Trust

(a)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2023,

these

securities

were

valued

at

$41,673,197

or

70.00%

of

net

assets.

(b)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$2,110,476

and

the

value

of

the

collateral

was

$2,203,886,

consisting

of

cash

collateral

of

$1,885,829

and

U.S.

Government

&

Agency

securities

valued

at

$318,057.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(c)

Payment-in-kind

security

and

interest

may

be

paid

in

additional

par.

(d)

Perpetual

bond

with

no

specified

maturity

date.

(e)

Defaulted

security.

Currently,

the

issuer

is

in

default

with

respect

to

principal

and/or

interest

payments.

The

aggregate

value

of

these

securities

at

January

31,

2023

was

$5,750,

which

represented

0.01%

of

the

Fund’s

Net

Assets.

(f)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2023.

(g)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

103

See

Notes

to

Statements

of

Investments

Centrally

Cleared

Credit

Default

Swaps

Reference

Obligation

Maturity

Date

Notional

Amount

($)

(1)

Market

Value

($)

Upfront

Payments/

(Receipts)

($)

Unrealized

Appreciation

(Depreciation)

($)

Sold

Contracts

(2)

CDX

North

American

High

Yield

Swap

12/20/2027

851,000

28,565

(27,300)

55,865

(1)

The

maximum

potential

amount

the

fund

could

be

required

to

pay

as

a

seller

of

credit

protection

or

receive

as

a

buyer

of

credit

protection

if

a

credit

event

occurs

as

defined

under

the

terms

of

the

swap

agreement.

(2)

If

the

fund

is

a

seller

of

protection

and

a

credit

event

occurs,

as

defined

under

the

terms

of

the

swap

agreement,

the

fund

will

either

(i)

pay

to

the

buyer

of

protection

an

amount

equal

to

the

notional

amount

of

the

swap

and

take

delivery

of

the

reference

obligation

or

(ii)

pay

a

net

settlement

amount

in

the

form

of

cash

or

securities

equal

to

the

notional

amount

of

the

swap

less

the

recovery

value

of

the

reference

obligation.

104

NOTES

TO

STATEMENTS

OF

INVESTMENTS

(Unaudited)

The

Financial

Accounting

Standards

Board

(“FASB”)

Accounting

Standards

Codification

(“ASC”)

is

the

exclusive

reference

of

authoritative

U.S.

generally

accepted

accounting

principles

(“GAAP”)

recognized

by

the

FASB

to

be

applied

by

nongovernmental

entities.

Rules

and

interpretive

releases

of

the

Securities

and

Exchange

Commission

(“SEC”)

under

authority

of

federal

laws

are

also

sources

of

authoritative

GAAP

for

SEC

registrants.

Each

fund

is

an

investment

company

and

applies

the

accounting

and

reporting

guidance

of

the

FASB

ASC

Topic

946

Financial

Services-Investment

Companies.

Each

fund’s

financial

statements

are

prepared

in

accordance

with

GAAP,

which

may

require

the

use

of

management

estimates

and

assumptions.

Actual

results

could

differ

from

those

estimates. 

(a)

Portfolio

valuation:

The

fair

value

of

a

financial

instrument

is

the

amount

that

would

be

received

to

sell

an

asset

or

paid

to

transfer

a

liability

in

an

orderly

transaction

between

market

participants

at

the

measurement

date

(i.e.,

the

exit

price).

GAAP

establishes

a

fair

value

hierarchy

that

prioritizes

the

inputs

of

valuation

techniques

used

to

measure

fair

value.

This

hierarchy

gives

the

highest

priority

to

unadjusted

quoted

prices

in

active

markets

for

identical

assets

or

liabilities

(Level

1

measurements)

and

the

lowest

priority

to

unobservable

inputs

(Level

3

measurements).

Additionally,

GAAP

provides

guidance

on

determining

whether

the

volume

and

activity

in

a

market

has

decreased

significantly

and

whether

such

a

decrease

in

activity

results

in

transactions

that

are

not

orderly.

GAAP

requires

enhanced

disclosures

around

valuation

inputs

and

techniques

used

during

annual

and

interim

periods.

Various

inputs

are

used

in

determining

the

value

of

each

fund’s

investments

relating

to

fair

value

measurements.

These

inputs

are

summarized

in

the

three

broad

levels

listed

below:

Level

1

—

unadjusted

quoted

prices

in

active

markets

for

identical

investments.

Level

2

—

other

significant

observable

inputs

(including

quoted

prices

for

similar

investments,

interest

rates,

prepayment

speeds,

credit

risk,

etc.).

Level

3

—

significant

unobservable

inputs

(including

the

funds’

own

assumptions

in

determining

the

fair

value

of

investments).

The

inputs

or

methodology

used

for

valuing

securities

are

not

necessarily

an

indication

of

the

risk

associated

with

investing

in

those

securities.

Changes

in

valuation

techniques

may

result

in

transfers

in

or

out

of

an

assigned

level

within

the

disclosure

hierarchy.

Valuation

techniques

used

to

value

each

fund’s

investments

are

as

follows:

The

Trust’s

Board

of

Trustees

(the

“Board”)

has

designated

the

Adviser

as

each

fund’s

valuation

designee

to

make

all

fair

value

determinations

with

respect

to

each

fund’s

portfolio

of

investments,

subject

to

the

Board’s

oversight

and

pursuant

to

Rule

2a-5

under

the

Act.

Investments

in

equity

securities,

including

ETFs

(but

not

including

investments

in

other

open-end

registered

investment

companies)

are

valued

at

the

last

sales

price

on

the

securities

exchange

or

national

securities

market

on

which

such

securities

are

primarily

traded.

Securities

listed

on

the

National Association

of

Securities

Dealers

Automated

Quotation

System

for

which

market

quotations

are

available

are

valued

at

the

official

closing

price

or,

if

there

is

no

official

closing

price

that

day,

at

the

last

sales

price.

For

open

short

positions,

asked

prices

are

used

for

valuation

purposes.

Bid

price

is

used

when

no

asked

price

is

available.

Registered

investment

companies

that

are

not

traded

on

an

exchange

are

valued

at

their

net

asset

value.

All

of

the

preceding

securities

are

generally

categorized

within

Level

1

of

the

fair

value

hierarchy.

Investments

in

debt

securities

excluding

short-term

investments

(other

than

U.S.

Treasury

Bills),

are

valued

each

business

day

by

one

or

more

independent

pricing

services

(each,

a

“Service”)

approved

by

the

Board.

Investments

for

which

quoted

bid

prices

are

readily

available

and

are

representative

of

the

bid

side

of

the

market

in

the

judgment

of

the

Service

are

valued

at

the

quoted

bid

prices

(as

obtained

by

the

Service

from

dealers

in

such

securities).

Securities

are

valued

as

determined

by

a

Service,

based

on

methods

which

include

consideration

of

the

following:

yields

or

prices

of

securities

of

comparable

quality,

coupon,

maturity

and

type;

indications

as

to

values

from

dealers;

and

general

market

conditions.

Each

Service

and

independent

valuation

firm

is

engaged

under

the

general

oversight

of

the

Board.

These

securities

are

generally

categorized

within

Level

2

of

the

fair

value

hierarchy.

When

market

quotations

or

official

closing

prices

are

not

readily

available,

or

are

determined

not

to

reflect

fair

value

accurately,

they are

valued

at

fair

value as

determined

in

good

faith based

on

procedures

approved

by

the

Board.

Fair

value

of

investments

may

be

determined

by

valuation

designee

using

such

information

as

deems

appropriate

under

the

circumstances. Certain

factors

may

be

considered

when

fair

valuing

investments

such

as:

fundamental

analytical

data,

the

nature

and

duration

of

restrictions

on

disposition,

an

evaluation

of

the

forces

that

influence

the

market

in

which

the

securities

are

purchased

and

sold,

and

public

trading

in

similar

securities

of

the

issuer

or

comparable

issuers.

These

securities

are

either

categorized

within

Level

2

or

3

of

the

fair

value

hierarchy

depending

on

the

relevant

inputs

used.

For

securities

where

observable

inputs

are

limited,

assumptions

about

market

activity

and

risk

are

used

and

are

generally

categorized

within

Level

3

of

the

fair

value

hierarchy.

Investments

denominated

in

foreign

currencies

are

translated

to

U.S.

dollars

at

the

prevailing

rates

of

exchange.

Futures,

which

are

traded

on

an

exchange,

are

valued

at

the

last

sales

price

on

securities

exchange

on

which

such

contracts

are

primarily

traded

or

at

the

last

sales

price

on

the

exchange

on

each

business

day and

are

generally

categorized

within

Level

1

of

the

fair

value

hierarchy.

Swap

agreements are

valued

by

the

Service

by

using

a

swap

pricing

model

which

incorporates

among

other

105

factors,

default

probabilities,

recovery

rates,

credit

curves

of

the

underlying

issuer

and

swap

spreads

on

interest

rates

and

are

generally

categorized

within

Level

2

of

the

fair

value

hierarchy. 

The

table

below

summarizes

the

inputs

used

as

of January

31,

2023

in

valuing

each

fund’s

investments:

Fair

Value

Measurements

Level

1

-

Unadjusted

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-  Significant

Unobservable

Inputs

Total

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

521,115,371

—

—

521,115,371

Investment

Companies

1,222,921

—

—

1,222,921

Other

Financial

Instruments:

Futures

††

58,826

—

—

58,826

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

97,385,575

—

—

97,385,575

Investment

Companies

172,825

—

—

172,825

Investment

of

Cash

Collateral

for

Securities

Loaned

485,401

—

—

485,401

Other

Financial

Instruments:

Futures

††

20,210

—

—

20,210

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

38,466,350

—

—

38,466,350

Investment

Companies

75,504

—

—

75,504

Investment

of

Cash

Collateral

for

Securities

Loaned

718,263

—

—

718,263

Other

Financial

Instruments:

Futures

††

6,381

—

—

6,381

BNY

Mellon

International

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

169,741,979

—

0

169,741,979

Preferred

Stocks

597,346

—

—

597,346

Investment

Companies

114,213

—

—

114,213

Investment

of

Cash

Collateral

for

Securities

Loaned

6,201

—

—

6,201

Other

Financial

Instruments:

Futures

††

23,418

—

—

23,418

BNY

Mellon

Emerging

Markets

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

30,618,708

32,744

0

30,651,452

Corporate

Bonds

—

232

—

232

Preferred

Stocks

731,026

—

0

731,026

Investment

Companies

27,858

—

—

27,858

Investment

of

Cash

Collateral

for

Securities

Loaned

8,678

—

—

8,678

Other

Financial

Instruments:

Futures

††

6,491

—

—

6,491

BNY

Mellon

Core

Bond

ETF

Assets

($)

Investments

In

Securities:

†

Asset-Backed

Securities

—

1,582,610

—

1,582,610

Commercial

Mortgage-Backed

Securities

—

4,279,323

—

4,279,323

Corporate

Bonds

—

107,961,510

—

107,961,510

Foreign

Governmental

—

5,935,021

—

5,935,021

Municipal

Securities

—

1,454,571

—

1,454,571

Supranational

Bank

—

6,946,328

—

6,946,328

U.S.

Government

Agencies

—

130,860,642

—

130,860,642

U.S.

Treasury

Government

Securities

—

176,946,070

—

176,946,070

106

NOTES

TO

STATEMENTS

OF

INVESTMENTS

(Unaudited)

(continued)

Pursuant

to

a

securities

lending

agreement

with

BNY

Mellon,

the

funds

may

lend

securities

to

qualified

institutions.

It

is

the

funds’

policy

that,

at

origination,

all

loans

are

secured

by

collateral

of

at

least

102%

of

the

value

of

U.S.

securities

loaned

and

105%

of

the

value

of

foreign

securities

loaned.

Collateral

equivalent

to

at

least

100%

of

the

market

value

of

securities

on

loan

is

maintained

at

all

times.

Collateral

is

either

in

the

form

of

cash,

which

can

be

invested

in

certain

money

market

mutual

funds

managed

by

the

Adviser,

or

U.S.

Government

and

Agency

securities.

The

funds are

entitled

to

receive

all

dividends,

interest

and

distributions

on

securities

loaned,

in

addition

to

income

earned

as

a

result

of

the

lending

transaction.

Should

a

borrower

fail

to

return

the

securities

in

a

timely

manner,

The

Bank

of

New

York

Mellon

is

required

to

replace

the

securities

for

the

benefit

of

the

funds

or

credit

the

funds

with

the

market

value

of

the

unreturned

securities

and

is

subrogated

to

the

funds’

rights

against

the

borrower

and

the

collateral.

Additionally,

the

contractual

maturity

of

security

lending

transactions

are

on

an

overnight

and

continuous

basis.

TBA

Securities:

During

the

period

ended January

31,

2023,

BNY

Mellon

Core

Bond

ETF

transacted

in

TBA

securities

that

involved

buying

or

selling

mortgage-backed

securities

on

a

forward

commitment

basis.

A

TBA

transaction

typically

does

not

designate

the

actual

security

to

be

delivered

and

only

includes

an

approximate

principal

amount;

however,

delivered

securities

must

meet

specified

terms

defined

by

industry

guidelines,

including

issuer,

rate

and

current

principal

amount

outstanding

on

underling

mortgage

pools.

TBA

securities

subject

to

a

forward

commitment

to

sell

at

period

end

are

included

at

the

end

of

the

fund’s

Statement

of

Investments

under

the

caption

“TBA

Sale

Commitments.”

The

proceeds

and

value

of

these

commitments

are

reflected

 as

Receivable

for

TBA

sale

commitments

(included

in

receivable

securities

sold)

and

TBA

sale

commitments,

at

value,

respectively. 

Derivatives:

A

derivative

is

a

financial

instrument

whose

performance

is

derived

from

the

performance

of

another

asset.

The

SEC

recently

adopted

Rule

18f-4

under

the

Act

which

regulates

the

use

of

derivatives

transactions

for

certain

funds

registered

under

the

Act.

Each

relevant

fund

is

deemed

a

“limited”

derivatives

user

under

the

rule

and

is

required

to

limit

its

derivatives exposure

so

that

the total

notional

value

of

derivatives

does

not

exceed

10%

of

the

fund’s

net

assets,

and

is

subject

to

certain

reporting

requirements. Each

type

of

derivative

instrument

that

was

held

by

the

fund

during

the 

period

ended

January

31,

2023

is

discussed

below.

Futures:

In

the

normal

course

of

pursuing

their

investment

objective,

exposed

to

market

risk,

including

equity

price

risk,

as

a

result

of

changes

in

value

of

underlying

financial

instruments.

BNY

Mellon

US

Large

Cap

Core

Equity

ETF,

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF,

BNY

Mellon

US

Small

Cap

Core

Equity

ETF,

BNY

Mellon

International

Equity

ETF

and

BNY

Mellon

Emerging

Markets

Equity ETF

invest

in

futures

in

order

to

manage

their

exposure

to

or

protect

against

changes

in

the

market.

A

futures

contract

represents

a

commitment

for

the

future

purchase

or

a

sale

of

an

asset

at

a

specified

date.

Upon

entering

into

such

contracts,

these

investments

require

initial

margin

deposits

with

a

counterparty,

which

consist

of

cash

or

cash

equivalents.

The

amount

of

these

deposits

is

determined

by

the

exchange

or

Board

of

Trade

on

which

the

contract

is

traded

and

is

subject

to

change.

Accordingly,

variation

margin

payments

are

received

or

made

to

reflect

daily

unrealized

gains

Level

1

-

Unadjusted

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-  Significant

Unobservable

Inputs

Total

BNY

Mellon

Core

Bond

ETF

(continued)

Investment

Companies

9,796,261

—

—

9,796,261

Investment

of

Cash

Collateral

for

Securities

Loaned

2,677,785

—

—

2,677,785

Liabilities

($)

TBA

Sale

Commitments

—

(805,122)

—

(805,122)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

Assets

($)

Investments

In

Securities:

†

Corporate

Bonds

—

53,946,059

—

53,946,059

Investment

Companies

1,584,998

—

—

1,584,998

Investment

of

Cash

Collateral

for

Securities

Loaned

1,019,788

—

—

1,019,788

BNY

Mellon

High

Yield

Beta

ETF

Assets

($)

Investments

In

Securities:

†

Corporate

Bonds

—

58,184,638

—

58,184,638

Investment

Companies

554,794

—

—

554,794

Investment

of

Cash

Collateral

for

Securities

Loaned

1,885,829

—

—

1,885,829

Other

Financial

Instruments:

Centrally

Cleared

Credit

Default

Swaps

††

—

55,865

—

55,865

†

See

Statement

of

Investments

for

additional

detailed

categorizations,

if

any.

††

Amount

shown

represents

unrealized

appreciation

(depreciation)

at

period

end.

107

or

losses

.

When

the

contracts

are

closed,

the

fund

recognizes

a

realized

gain

or

loss

.

There

is

minimal

counterparty

credit

risk

to

the

fund

with

futures

since

they

are

exchange

traded,

and

the

exchange

guarantees

the

futures

against

default.

Futures

open

at January

31,

2023,

are

set

forth

in

the

Statement

of

Investments

for

each

fund.

Swap

Agreements:

BNY

Mellon

High

Yield

Beta

ETF enters

into

swap

agreements

to

exchange

the

interest

rate

on,

or

return

generated

by,

one

nominal

instrument

for

the

return

generated

by

another

nominal

instrument.

Swap

agreements

are

privately

negotiated

in

the over-the-counter

(“OTC”) market

or

centrally

cleared.

The

fund

enters

into

these

agreements

to

hedge

certain

market

or

interest

rate

risks,

to

manage

the

interest

rate

sensitivity

(sometimes

called

duration)

of

fixed

income

securities,

to

provide

a

substitute

for

purchasing

or

selling

particular

securities

or

to

increase

potential

returns.

For

OTC

swaps,

the

fund

accrues

for

interim

payments

on

a

daily

basis,

with

the

net

amount

recorded

within

unrealized

appreciation

(depreciation)

on

swap

agreements

. Once

the

interim

payments

are

settled

in

cash,

the

net

amount

is

recorded

as

a

realized

gain

(loss)

on

swaps,

in

addition

to

realized

gain

(loss)

recorded

upon

the

termination

of

swap

agreements

.

Upfront

payments

made

and/or

received

by

the

fund,

are

recorded

as

an

asset

and/or

liability

and

are

recorded

as

a

realized

gain

or

loss

ratably

over

the

agreement’s

term/event

with

the

exception

of

forward

starting

interest

rate

swaps

which

are

recorded

as

realized

gains

or

losses

on

the

termination

date.

Upon

entering

into

centrally

cleared

swap

agreements,

an

initial

margin

deposit

is

required

with

a

counterparty,

which

consists

of

cash

or

cash

equivalents.

The

amount

of

these

deposits

is

determined

by

the

exchange

on

which

the

agreement

is

traded

and

is

subject

to

change.

The

change

in

valuation

of

centrally

cleared

swaps

is

recorded

as

a

receivable

or

payable

for

variation

margin.

Payments

received

from

(paid

to)

the

counterparty,

including

upon

termination,

are

recorded

as

realized

gain

(loss)

.

Fluctuations

in

the

value

of

swap

agreements

are

recorded

for

financial

statement

purposes

as

unrealized

appreciation

or

depreciation

on

swap

agreements.

Credit

Default

Swaps:

Credit

default

swaps

involve

commitments

to

pay

a

fixed

interest

rate

in

exchange

for

payment

if

a

credit

event

affecting

a

third

party

(the

referenced

obligation

or

index)

occurs.

Credit

events

may

include

a

failure

to

pay

interest

or

principal,

bankruptcy,

or

restructuring.

The

fund

enters

into

these

agreements

to

manage

its

exposure

to

the

market

or

certain

sectors

of

the

market,

to

reduce

its

risk

exposure

to

defaults

of

corporate

and

sovereign

issuers,

or

to

create

exposure

to

corporate

or

sovereign

issuers

to

which

it

is

not

otherwise

exposed.

For

those

credit

default

swaps

in

which

the

fund

is

paying

a

fixed

rate,

the

fund

is

buying

credit

protection

on

the

instrument.

In

the

event

of

a

credit

event,

the

fund

would

receive

the

full

notional

amount

for

the

reference

obligation.

For

those

credit

default

swaps

in

which

the

fund

is

receiving

a

fixed

rate,

the

fund

is

selling

credit

protection

on

the

underlying

instrument.

The

maximum

payouts

for

these

agreements

are

limited

to

the

notional

amount

of

each

swap.

Credit

default

swaps

may

involve

greater

risks

than

if

the

fund

had

invested

in

the

reference

obligation

directly

and

are

subject

to

general

market

risk,

liquidity

risk,

counterparty

risk

and

credit

risk.

The

maximum

potential

amount

of

future

payments

(undiscounted)

that

a

fund

as

a

seller

of

protection

could

be

required

to

make

under

a

credit

default

swap

agreement

would

be

an

amount

equal

to

the

notional

amount

of

the

agreement

which

may

exceed

the

amount

of

unrealized

appreciation

or

depreciation

.

Notional

amounts

of

all

credit

default

swap

agreements

are

disclosed

in

the

Statement

of

Investments

of

the

fund,

which

summarizes

open

credit

default

swaps

entered

into

by

the

fund.

These

potential

amounts

would

be

partially

offset

by

any

recovery

values

of

the

respective

referenced

obligations,

underlying

securities

comprising

the

referenced

index,

upfront

payments

received

upon

entering

into

the

agreement,

or

net

amounts

received

from

the

settlement

of

buy

protection

credit

default

swap

agreements

entered

into

by

the

fund

for

the

same

referenced

entity

or

entities.

.  

GAAP

requires

disclosure

for

(i)

the

nature

and

terms

of

the

credit

derivative,

reasons

for

entering

into

the

credit

derivative,

the

events

or

circumstances

that

would

require

the

seller

to

perform

under

the

credit

derivative,

and

the

current

status

of

the

payment/performance

risk

of

the

credit

derivative,

(ii)

the

maximum

potential

amount

of

future

payments

(undiscounted)

the

seller

could

be

required

to

make

under

the

credit

derivative,

(iii)

the

fair

value

of

the

credit

derivative,

and

(iv)

the

nature

of

any

recourse

provisions

and

assets

held

either

as

collateral

or

by

third

parties.

All

required

disclosures

have

been

made

and

are

incorporated

within

the

current

period

as

part

of

the

Notes

to

the

Statement

of

Investments

and

disclosures

within

this

Note.

Additional

investment

related

disclosures

are

hereby

incorporated

by

reference

to

the

annual

and

semi-annual

reports

previously

filed

with

the

SEC

on

Form

N-CSR.

The

table

below

summarizes

the

gross

appreciation,

gross

depreciation

and

accumulated

net

unrealized

appreciation

(depreciation)

on

investments

for

each

fund

at

January

31,

2023.

At

January

31,

2023,

the

cost

of

investments

inclusive

of

derivative

contracts

for

federal

income

tax

purposes

was

substantially

the

same

as

the

cost

for

financial

reporting

purposes

(see

the

Statements

of

Investments).

108

NOTES

TO

STATEMENTS

OF

INVESTMENTS

(Unaudited)

(continued)

Gross

Appreciation

Gross

(Depreciation)

Net

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

$

28,314,300

$

(43,955,292)

$

(15,640,992)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

14,452,173

(4,538,137)

9,914,036

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

3,124,074

(5,064,648)

(1,940,574)

BNY

Mellon

International

Equity

ETF

18,040,378

(4,047,009)

13,993,369

BNY

Mellon

Emerging

Markets

Equity

ETF

6,516,044

(3,394,788)

3,121,256

BNY

Mellon

Core

Bond

ETF

1,734,218

(33,034,491)

(31,300,273)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

128,792

(3,079,703)

(2,950,911)

BNY

Mellon

High

Yield

Beta

ETF

519,318

(3,151,080)

(2,631,762)