1

STATEMENT

OF

INVESTMENTS

July

31,

2023

(Unaudited)

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.7%

Communication

Services

–

9.8%

Activision

Blizzard,

Inc.

41,521

3,851,488

Alphabet,

Inc.,

Class

A

(a)

343,381

45,573,526

Alphabet,

Inc.,

Class

C

(a)

296,023

39,403,622

AT&T,

Inc.

410,929

5,966,689

Charter

Communications,

Inc.,

Class

A

(a)

6,094

2,469,228

Comcast

Corp.,

Class

A

241,116

10,912,910

Meta

Platforms,

Inc.,

Class

A

(a)

128,035

40,791,951

Netflix,

Inc.

(a)

25,738

11,298,210

T-Mobile

US,

Inc.

(a)

33,643

4,634,996

Verizon

Communications,

Inc.

241,990

8,247,019

Walt

Disney

Co.

(The)

(a)

106,035

9,425,451

182,575,090

Consumer

Discretionary

–

11.1%

Airbnb,

Inc.,

Class

A

(a)

23,875

3,633,536

Amazon.com,

Inc.

(a)

517,240

69,144,643

AutoZone,

Inc.

(a)

1,051

2,608,288

Booking

Holdings,

Inc.

(a)

2,182

6,482,285

Chipotle

Mexican

Grill,

Inc.

(a)

1,596

3,131,799

Ford

Motor

Co.

225,514

2,979,040

General

Motors

Co.

79,039

3,032,726

Home

Depot,

Inc.

(The)

58,620

19,569,701

Las

Vegas

Sands

Corp.

(a)

18,504

1,106,724

Lowe's

Cos.,

Inc.

34,432

8,066,385

Lululemon

Athletica,

Inc.

(a)

6,491

2,457,038

Marriott

International,

Inc.,

Class

A

15,260

3,079,620

McDonald's

Corp.

42,103

12,344,600

MercadoLibre,

Inc.

(a)

2,634

3,261,024

NIKE,

Inc.,

Class

B

70,724

7,807,222

O'Reilly

Automotive,

Inc.

(a)

3,520

3,258,781

Starbucks

Corp.

66,024

6,706,058

Tesla,

Inc.

(a)

156,120

41,751,172

TJX

Cos.,

Inc.

(The)

66,845

5,784,098

206,204,740

Consumer

Staples

–

6.7%

Altria

Group,

Inc.

102,587

4,659,501

Archer-Daniels-Midland

Co.

31,314

2,660,437

Coca-Cola

Co.

(The)

225,173

13,944,964

Colgate-Palmolive

Co.

48,033

3,662,996

Constellation

Brands,

Inc.,

Class

A

9,660

2,635,248

Costco

Wholesale

Corp.

25,827

14,480,424

Dollar

General

Corp.

12,908

2,179,645

Estee

Lauder

Cos.,

Inc.

(The),

Class

A

13,020

2,343,600

General

Mills,

Inc.

33,942

2,536,825

Keurig

Dr

Pepper,

Inc.

47,484

1,614,931

Kimberly-Clark

Corp.

19,276

2,488,532

Kraft

Heinz

Co.

(The)

45,427

1,643,549

Mondelez

International,

Inc.,

Class

A

79,759

5,912,535

Monster

Beverage

Corp.

(a)

43,290

2,488,742

PepsiCo,

Inc.

79,595

14,920,879

Philip

Morris

International,

Inc.

89,619

8,936,807

Procter

&

Gamble

Co.

(The)

137,010

21,414,663

Target

Corp.

26,589

3,628,601

Walmart,

Inc.

81,591

13,043,137

125,196,016

Energy

–

4.1%

Chevron

Corp.

100,823

16,500,692

ConocoPhillips

70,860

8,341,639

EOG

Resources,

Inc.

33,380

4,423,852

Exxon

Mobil

Corp.

233,781

25,070,675

Hess

Corp.

15,663

2,376,547

Marathon

Petroleum

Corp.

25,363

3,373,786

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Energy

–

4.1%

(continued)

Occidental

Petroleum

Corp.

42,263

2,668,063

Phillips

66

25,853

2,883,902

Pioneer

Natural

Resources

Co.

13,494

3,045,191

Schlumberger

NV

81,848

4,775,012

Valero

Energy

Corp.

22,360

2,882,428

76,341,787

Financials

–

12.7%

Aflac,

Inc.

31,208

2,257,587

American

Express

Co.

34,407

5,810,654

Aon

PLC,

Class

A

11,877

3,782,825

Arthur

J

Gallagher

&

Co.

12,335

2,649,558

Bank

of

America

Corp.

398,346

12,747,072

Berkshire

Hathaway,

Inc.,

Class

B

(a)

102,960

36,237,802

BlackRock,

Inc.

8,756

6,469,371

Blackstone,

Inc.

41,267

4,324,369

Charles

Schwab

Corp.

(The)

85,640

5,660,804

Chubb

Ltd.

23,492

4,802,000

Citigroup,

Inc.

111,265

5,302,890

CME

Group,

Inc.

20,447

4,068,135

Fiserv,

Inc.

(a)

35,708

4,506,707

Goldman

Sachs

Group,

Inc.

(The)

19,410

6,907,437

Intercontinental

Exchange,

Inc.

32,587

3,740,988

JPMorgan

Chase

&

Co.

169,067

26,705,823

KKR

&

Co.,

Inc.

33,047

1,962,331

Marsh

&

McLennan

Cos.,

Inc.

28,191

5,311,748

Mastercard,

Inc.,

Class

A

48,485

19,116,666

MetLife,

Inc.

38,951

2,452,744

Moody's

Corp.

9,234

3,257,293

Morgan

Stanley

75,799

6,940,156

PayPal

Holdings,

Inc.

(a)

64,776

4,911,316

PNC

Financial

Services

Group,

Inc.

(The)

23,590

3,229,235

Progressive

Corp.

(The)

33,845

4,263,793

S&P

Global,

Inc.

18,822

7,425,467

Travelers

Cos.,

Inc.

(The)

13,868

2,393,755

Truist

Financial

Corp.

74,701

2,481,567

US

Bancorp

79,617

3,159,203

Visa,

Inc.,

Class

A

(b)

93,831

22,306,444

Wells

Fargo

&

Co.

215,514

9,948,126

235,133,866

Health

Care

–

13.4%

Abbott

Laboratories

101,275

11,274,946

AbbVie,

Inc.

101,955

15,250,429

Amgen,

Inc.

30,883

7,231,255

Becton,

Dickinson

&

Co.

16,157

4,501,663

Biogen,

Inc.

(a)

8,342

2,253,925

Boston

Scientific

Corp.

(a)

84,423

4,377,333

Bristol-Myers

Squibb

Co.

120,844

7,515,288

Cigna

Group

(The)

17,071

5,037,652

CVS

Health

Corp.

72,973

5,450,353

Danaher

Corp.

38,681

9,865,976

DexCom,

Inc.

(a)

22,466

2,798,365

Edwards

Lifesciences

Corp.

(a)

34,770

2,853,574

Elevance

Health,

Inc.

13,501

6,367,477

Eli

Lilly

&

Co.

45,637

20,744,298

Gilead

Sciences,

Inc.

71,804

5,467,157

HCA

Healthcare,

Inc.

12,338

3,365,930

Humana,

Inc.

7,350

3,357,701

Intuitive

Surgical,

Inc.

(a)

20,192

6,550,285

Johnson

&

Johnson

150,735

25,252,635

McKesson

Corp.

7,697

3,097,273

Medtronic

PLC

77,074

6,764,014

2

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Health

Care

–

13.4%

(continued)

Merck

&

Co.,

Inc.

146,551

15,629,664

Moderna,

Inc.

(a)

18,996

2,235,069

Pfizer,

Inc.

325,803

11,748,456

Regeneron

Pharmaceuticals,

Inc.

(a)

6,164

4,573,133

Stryker

Corp.

19,345

5,482,566

Thermo

Fisher

Scientific,

Inc.

22,199

12,179,703

UnitedHealth

Group,

Inc.

54,051

27,369,805

Vertex

Pharmaceuticals,

Inc.

(a)

15,057

5,305,183

Zoetis,

Inc.

26,966

5,072,035

248,973,143

Industrials

–

6.5%

3M

Co.

31,800

3,545,700

Automatic

Data

Processing,

Inc.

23,711

5,862,782

Boeing

Co.

(The)

(a)

32,719

7,814,933

Caterpillar,

Inc.

29,829

7,909,756

Cintas

Corp.

5,176

2,598,559

CSX

Corp.

120,230

4,006,064

Deere

&

Co.

15,610

6,706,056

Eaton

Corp.

PLC

22,637

4,647,829

Emerson

Electric

Co.

33,682

3,076,851

FedEx

Corp.

13,017

3,513,939

General

Dynamics

Corp.

12,916

2,887,759

General

Electric

Co.

63,012

7,198,491

Honeywell

International,

Inc.

38,728

7,518,267

Illinois

Tool

Works,

Inc.

16,112

4,242,612

Johnson

Controls

International

PLC

38,800

2,698,540

Lockheed

Martin

Corp.

13,079

5,838,073

Norfolk

Southern

Corp.

13,094

3,058,627

Northrop

Grumman

Corp.

8,201

3,649,445

Republic

Services,

Inc.

11,853

1,791,107

RTX

Corp.

84,125

7,397,111

Uber

Technologies,

Inc.

(a)

117,207

5,797,058

Union

Pacific

Corp.

35,665

8,274,993

United

Parcel

Service,

Inc.,

Class

B

42,339

7,922,897

Waste

Management,

Inc.

21,648

3,545,726

121,503,175

Information

Technology

–

31.4%

Accenture

PLC,

Class

A

36,641

11,591,380

Adobe,

Inc.

(a)

26,590

14,522,660

Advanced

Micro

Devices,

Inc.

(a)

93,512

10,697,773

Amphenol

Corp.,

Class

A

34,698

3,064,180

Analog

Devices,

Inc.

29,251

5,836,452

Apple,

Inc.

855,686

168,099,515

Applied

Materials,

Inc.

48,581

7,364,394

Arista

Networks,

Inc.

(a)

14,524

2,252,527

Autodesk,

Inc.

(a)

12,499

2,649,663

Broadcom,

Inc.

24,161

21,712,283

Cadence

Design

Systems,

Inc.

(a)

15,898

3,720,291

Cisco

Systems,

Inc.

237,230

12,345,449

Fortinet,

Inc.

(a)

36,928

2,870,044

Intel

Corp.

241,312

8,631,730

International

Business

Machines

Corp.

52,406

7,555,897

Intuit,

Inc.

16,076

8,226,089

KLA

Corp.

7,880

4,049,926

LAM

Research

Corp.

7,817

5,616,436

Micron

Technology,

Inc.

63,188

4,510,991

Microsoft

Corp.

430,603

144,648,160

Motorola

Solutions,

Inc.

9,509

2,725,565

NVIDIA

Corp.

143,224

66,927,143

Oracle

Corp.

89,047

10,438,980

Palo

Alto

Networks,

Inc.

(a)(b)

17,257

4,313,560

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

31.4%

(continued)

QUALCOMM,

Inc.

64,583

8,535,935

Roper

Technologies,

Inc.

6,283

3,097,833

Salesforce,

Inc.

(a)

56,390

12,688,314

ServiceNow,

Inc.

(a)

11,770

6,861,910

Snowflake,

Inc.,

Class

A

(a)

16,856

2,995,480

Synopsys,

Inc.

(a)

8,648

3,907,167

Texas

Instruments,

Inc.

52,715

9,488,700

VMware,

Inc.,

Class

A

(a)

11,789

1,858,300

583,804,727

Materials

–

1.5%

Air

Products

&

Chemicals,

Inc.

12,832

3,917,995

Corteva,

Inc.

40,094

2,262,504

Ecolab,

Inc.

13,992

2,562,495

Freeport-McMoRan,

Inc.

82,287

3,674,114

Linde

PLC

28,164

11,002,830

Sherwin-Williams

Co.

(The)

13,454

3,720,031

Southern

Copper

Corp.

5,252

459,235

27,599,204

Real

Estate

–

1.2%

American

Tower

Corp.

(c)

27,078

5,153,214

Crown

Castle,

Inc.

(c)

24,745

2,679,636

Equinix,

Inc.

(c)

5,353

4,335,502

Prologis,

Inc.

(c)

53,968

6,732,508

Public

Storage

(c)

9,160

2,580,830

21,481,690

Utilities

–

1.3%

American

Electric

Power

Co.,

Inc.

29,128

2,468,307

Dominion

Energy,

Inc.

47,576

2,547,695

Duke

Energy

Corp.

44,249

4,142,591

NextEra

Energy,

Inc.

117,284

8,596,917

Sempra

18,017

2,684,893

Southern

Co.

(The)

62,119

4,493,689

24,934,092

Total

Common

Stocks

(cost

$1,667,451,990)

1,853,747,530

Investment

Companies

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$3,065,529)

3,065,529

3,065,529

Total

Investments

(cost

$1,670,517,519)

99.9%

1,856,813,059

Cash

and

Receivables

(Net)

0.1%

1,920,202

Net

Assets

100.0%

1,858,733,261

(a)

Non-income

producing

security.

(b)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$25,478,336

and

the

value

of

the

collateral

was

$25,782,737,

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

July

31,

2023.

3

See

Notes

to

Statements

of

Investments

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

S&P

500

E-mini

20

9/15/2023

4,466,511

4,614,500

147,989

4

STATEMENT

OF

INVESTMENTS

July

31,

2023

(Unaudited)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.7%

Communication

Services

–

3.2%

Electronic

Arts,

Inc.

13,148

1,792,730

Fox

Corp.,

Class

A

13,818

462,212

Fox

Corp.,

Class

B

6,919

217,326

Interpublic

Group

of

Cos.,

Inc.

(The)

19,655

672,791

Liberty

Broadband

Corp.,

Class

A

(a),(b)

769

68,310

Liberty

Broadband

Corp.,

Class

C

(b)

5,857

522,034

Liberty

Media

Corp.-Liberty

Formula

One,

Class

A

(b)

1,293

83,114

Liberty

Media

Corp.-Liberty

Formula

One,

Class

C

(b)

10,456

759,106

Liberty

Media

Corp.-Liberty

SiriusXM

,

Class

A

(b)

4,858

153,999

Liberty

Media

Corp.-Liberty

SiriusXM

,

Class

C

(b)

7,663

243,913

Live

Nation

Entertainment,

Inc.

(b)

7,395

648,911

Match

Group,

Inc.

(b)

14,019

652,024

News

Corp.,

Class

A

19,161

379,771

News

Corp.,

Class

B

5,893

118,508

Omnicom

Group,

Inc.

9,986

845,015

Paramount

Global,

Class

A

1,767

34,032

Paramount

Global,

Class

B

(a)

25,597

410,320

Pinterest,

Inc.,

Class

A

(b)

30,006

869,874

ROBLOX

Corp.,

Class

A

(b)

18,647

731,895

Sirius

XM

Holdings,

Inc.

(a)

35,232

179,683

Snap,

Inc.,

Class

A

(b)

50,594

574,748

Take-Two

Interactive

Software,

Inc.

(b)

8,004

1,224,132

Trade

Desk,

Inc.

(The),

Class

A

(b)

22,463

2,049,973

ZoomInfo

Technologies,

Inc.,

Class

A

(b)

13,552

346,525

14,040,946

Consumer

Discretionary

–

9.2%

Advance

Auto

Parts,

Inc.

3,007

223,691

Aptiv

PLC

(b)

13,682

1,498,042

Aramark

13,022

525,698

Bath

&

Body

Works,

Inc.

11,505

426,375

Best

Buy

Co.,

Inc.

9,860

818,873

BorgWarner,

Inc.

11,755

546,607

Burlington

Stores,

Inc.

(b)

3,327

590,942

Caesars

Entertainment,

Inc.

(b)

10,707

631,927

CarMax,

Inc.

(a),(b)

8,151

673,354

Carnival

Corp.

(b)

50,886

958,692

Churchill

Downs,

Inc.

3,322

384,854

Coupang

,

Inc.,

Class

A

(b)

51,891

941,822

D.R.

Horton,

Inc.

15,669

1,990,276

Darden

Restaurants,

Inc.

6,127

1,034,973

Deckers

Outdoor

Corp.

(b)

1,314

714,409

Dick's

Sporting

Goods,

Inc.

3,072

433,152

Domino's

Pizza,

Inc.

1,785

708,181

DoorDash

,

Inc.,

Class

A

(b)

13,508

1,226,391

DraftKings

,

Inc.,

Class

A

(b)

23,261

739,235

eBay,

Inc.

27,072

1,204,975

Etsy,

Inc.

(b)

6,119

621,996

Expedia

Group,

Inc.

(b)

7,149

875,967

Five

Below,

Inc.

(b)

2,816

586,685

Floor

&

Decor

Holdings,

Inc.,

Class

A

(b)

5,370

616,745

Garmin

Ltd.

7,657

810,800

Genuine

Parts

Co.

7,136

1,111,218

Hasbro,

Inc.

6,407

413,636

Hilton

Worldwide

Holdings,

Inc.

13,478

2,095,694

Lear

Corp.

3,065

474,339

Lennar

Corp.,

Class

A

12,854

1,630,273

Lennar

Corp.,

Class

B

784

90,089

LKQ

Corp.

12,791

700,819

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Consumer

Discretionary

–

9.2%

(continued)

Lucid

Group,

Inc.

(a),(b)

41,280

314,141

MGM

Resorts

International

15,558

789,880

NVR,

Inc.

(b)

162

1,021,643

Penske

Automotive

Group,

Inc.

1,266

204,358

Pool

Corp.

2,027

779,868

PulteGroup,

Inc.

11,478

968,628

Ross

Stores,

Inc.

17,275

1,980,406

Royal

Caribbean

Cruises

Ltd.

(b)

11,199

1,221,923

Service

Corp.

International

7,675

511,539

Tapestry,

Inc.

11,728

506,063

Tractor

Supply

Co.

5,593

1,252,776

Ulta

Beauty,

Inc.

(b)

2,546

1,132,461

Vail

Resorts,

Inc.

2,046

481,813

VF

Corp.

16,554

327,935

Whirlpool

Corp.

2,799

403,784

Williams-Sonoma,

Inc.

(a)

3,324

460,839

Wynn

Resorts

Ltd.

5,349

582,934

Yum!

Brands,

Inc.

14,227

1,958,631

41,200,352

Consumer

Staples

–

4.8%

Albertsons

Cos.,

Inc.,

Class

A

10,243

222,580

BJ's

Wholesale

Club

Holdings,

Inc.

(b)

6,643

440,497

Brown-Forman

Corp.,

Class

A

2,833

203,721

Brown-Forman

Corp.,

Class

B

9,147

645,778

Bunge

Ltd.

7,656

831,978

Campbell

Soup

Co.

10,115

463,469

Casey's

General

Stores,

Inc.

1,861

470,200

Church

&

Dwight

Co.,

Inc.

12,289

1,175,689

Clorox

Co.

(The)

6,249

946,599

ConAgra

Brands,

Inc.

23,994

787,243

Coty,

Inc.,

Class

A

(b)

18,422

221,801

Darling

Ingredients,

Inc.

(b)

8,155

564,734

Dollar

Tree,

Inc.

(b)

10,470

1,615,835

Hershey

Co.

(The)

7,490

1,732,512

Hormel

Foods

Corp.

14,651

598,933

JM

Smucker

Co.

(The)

5,448

820,741

Kellogg

Co.

12,996

869,302

Kroger

Co.

(The)

32,944

1,602,396

Lamb

Weston

Holdings,

Inc.

7,414

768,313

McCormick

&

Co.,

Inc.

12,741

1,140,065

Molson

Coors

Beverage

Co.,

Class

B

9,690

676,071

Performance

Food

Group

Co.

(b)

7,913

472,881

SYSCO

Corp.

26,069

1,989,325

Tyson

Foods,

Inc.,

Class

A

14,297

796,629

US

Foods

Holding

Corp.

(b)

11,501

491,438

Walgreens

Boots

Alliance,

Inc.

36,033

1,079,909

21,628,639

Energy

–

4.5%

APA

Corp.

15,347

621,400

Baker

Hughes

Co.,

Class

A

51,561

1,845,368

Cheniere

Energy,

Inc.

12,242

1,981,490

Chesapeake

Energy

Corp.

(a)

5,370

452,906

Coterra

Energy,

Inc.

38,323

1,055,415

Devon

Energy

Corp.

32,469

1,753,326

Diamondback

Energy,

Inc.

9,184

1,352,987

EQT

Corp.

18,117

764,175

Halliburton

Co.

45,925

1,794,749

HF

Sinclair

Corp.

6,407

333,741

Kinder

Morgan,

Inc.

99,906

1,769,335

Marathon

Oil

Corp.

31,865

837,094

ONEOK,

Inc.

22,503

1,508,601

5

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Energy

–

4.5%

(continued)

Ovintiv

,

Inc.

(a)

12,239

564,096

Targa

Resources

Corp.

11,475

940,835

Texas

Pacific

Land

Corp.

314

472,978

Williams

Cos.,

Inc.

(The)

62,624

2,157,397

20,205,893

Financials

–

13.1%

Allstate

Corp.

(The)

13,265

1,494,700

Ally

Financial,

Inc.

15,558

475,141

American

Financial

Group,

Inc.

3,468

421,743

American

International

Group,

Inc.

36,551

2,203,294

Ameriprise

Financial,

Inc.

5,275

1,838,074

Annaly

Capital

Management,

Inc.

(a)(c)

25,310

508,478

Apollo

Global

Management,

Inc.

21,708

1,773,761

Arch

Capital

Group

Ltd.

(b)

18,803

1,460,805

Ares

Management

Corp.,

Class

A

8,163

809,933

Bank

of

New

York

Mellon

Corp.

(The)

36,260

1,644,754

Block,

Inc.,

Class

A

(b)

27,542

2,217,957

Brown

&

Brown,

Inc.

12,005

845,752

Capital

One

Financial

Corp.

19,422

2,272,762

Carlyle

Group,

Inc.

(The)

11,216

399,850

Cincinnati

Financial

Corp.

7,928

852,894

Citizens

Financial

Group,

Inc.

24,924

804,048

Coinbase

Global,

Inc.,

Class

A

(b)

8,668

854,751

Corebridge

Financial,

Inc.

7,051

131,924

Discover

Financial

Services

12,796

1,350,618

East

West

Bancorp,

Inc.

7,141

444,242

Equitable

Holdings,

Inc.

16,612

476,598

Erie

Indemnity

Co.,

Class

A

1,267

281,223

Everest

Group

Ltd.

2,172

783,028

FactSet

Research

Systems,

Inc.

1,924

837,017

Fidelity

National

Financial,

Inc.

13,508

529,108

Fidelity

National

Information

Services,

Inc.

30,121

1,818,706

Fifth

Third

Bancorp

34,488

1,003,601

First

Citizens

BancShares

,

Inc.,

Class

A

603

863,074

First

Horizon

National

Corp.

26,562

362,040

FleetCor

Technologies,

Inc.

(b)

3,813

949,094

Franklin

Resources,

Inc.

(a)

14,284

417,664

Global

Payments,

Inc.

13,278

1,463,899

Globe

Life,

Inc.

4,582

513,963

Hartford

Financial

Services

Group,

Inc.

(The)

15,586

1,120,322

Huntington

Bancshares,

Inc.

73,745

902,639

Interactive

Brokers

Group,

Inc.,

Class

A

5,120

447,130

Invesco

Ltd.

22,983

386,114

Jack

Henry

&

Associates,

Inc.

3,813

638,944

KeyCorp

47,827

588,750

Kinsale

Capital

Group,

Inc.

1,088

405,421

Loews

Corp.

9,706

608,081

LPL

Financial

Holdings,

Inc.

3,916

898,174

M&T

Bank

Corp.

8,437

1,179,999

Markel

Group,

Inc.

(b)

711

1,030,744

MarketAxess

Holdings,

Inc.

2,016

542,748

Morningstar,

Inc.

1,272

293,171

MSCI,

Inc.,

Class

A

4,073

2,232,330

NASDAQ,

Inc.

17,108

863,783

Northern

Trust

Corp.

10,461

838,135

Old

Republic

International

Corp.

13,509

372,443

Principal

Financial

Group,

Inc.

11,388

909,560

Prudential

Financial,

Inc.

18,895

1,823,179

Raymond

James

Financial,

Inc.

9,588

1,055,351

Regions

Financial

Corp.

47,032

958,042

Reinsurance

Group

of

America,

Inc.,

Class

A

3,335

468,067

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Financials

–

13.1%

(continued)

RenaissanceRe

Holdings

Ltd.

2,550

476,238

SEI

Investments

Co.

5,349

336,934

State

Street

Corp.

16,956

1,228,293

Synchrony

Financial

21,724

750,347

T

Rowe

Price

Group,

Inc.

(a)

11,479

1,414,902

Unum

Group

9,438

458,781

W.R.

Berkley

Corp.

10,174

627,634

WEX,

Inc.

(b)

2,273

430,393

Willis

Towers

Watson

PLC

5,351

1,130,827

58,521,972

Health

Care

–

11.2%

Agilent

Technologies,

Inc.

15,048

1,832,395

agilon

health,

Inc.

(a),(b)

14,845

284,282

Align

Technology,

Inc.

(b)

3,583

1,353,980

Alnylam

Pharmaceuticals,

Inc.

(b)

6,306

1,232,192

AmerisourceBergen

Corp.,

Class

A

8,166

1,526,225

Apellis

Pharmaceuticals,

Inc.

(b)

5,051

130,063

Avantor

,

Inc.

(b)

34,127

701,992

Baxter

International,

Inc.

25,462

1,151,646

BioMarin

Pharmaceutical,

Inc.

(b)

9,472

832,873

Bio-Rad

Laboratories,

Inc.,

Class

A

(b)

1,065

431,708

Bio-

Techne

Corp.

7,925

660,945

Bruker

Corp.

5,090

349,785

Cardinal

Health,

Inc.

12,775

1,168,529

Catalent

,

Inc.

(b)

9,103

441,678

Centene

Corp.

(b)

27,831

1,895,013

Charles

River

Laboratories

International,

Inc.

(b)

2,558

536,003

Chemed

Corp.

764

398,113

Cooper

Cos.,

Inc.

(The)

2,548

996,931

DaVita,

Inc.

(b)

2,810

286,592

DENTSPLY

SIRONA,

Inc.

10,467

434,590

Exact

Sciences

Corp.

(b)

9,145

892,003

GE

Healthcare

Technologies,

Inc.

19,773

1,542,294

Henry

Schein,

Inc.

(b)

6,637

522,929

Hologic

,

Inc.

(b)

12,489

991,876

Horizon

Therapeutics

PLC

(b)

11,472

1,150,297

IDEXX

Laboratories,

Inc.

(b)

4,185

2,321,545

Illumina,

Inc.

(b)

8,019

1,540,851

Incyte

Corp.

(b)

9,183

585,141

Insulet

Corp.

(b)

3,562

985,784

IQVIA

Holdings,

Inc.

(b)

9,436

2,111,399

Jazz

Pharmaceuticals

PLC

(b)

3,305

431,038

Karuna

Therapeutics,

Inc.

(b)

1,531

305,848

Laboratory

Corp.

of

America

Holdings

4,440

949,849

Masimo

Corp.

(b)

2,537

310,275

Mettler

-Toledo

International,

Inc.

(b)

1,113

1,399,564

Molina

Healthcare,

Inc.

(b)

2,957

900,377

Neurocrine

Biosciences,

Inc.

(b)

5,093

518,926

Penumbra,

Inc.

(b)

1,943

589,429

Quest

Diagnostics,

Inc.

5,626

760,692

Repligen

Corp.

(b)

2,576

441,939

ResMed

,

Inc.

7,412

1,648,058

Revvity

,

Inc.

6,364

782,454

Royalty

Pharma

PLC,

Class

A

18,669

585,833

Sarepta

Therapeutics,

Inc.

(b)

4,747

514,527

Seagen

,

Inc.

(b)

7,036

1,349,364

Shockwave

Medical,

Inc.

(b)

1,850

482,110

STERIS

PLC

5,084

1,146,696

Teleflex,

Inc.

2,551

640,735

United

Therapeutics

Corp.

(b)

2,367

574,518

6

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Health

Care

–

11.2%

(continued)

Universal

Health

Services,

Inc.,

Class

B

3,179

441,754

Veeva

Systems,

Inc.,

Class

A

(b)

7,400

1,511,228

Viatris

,

Inc.

60,678

638,939

Waters

Corp.

(b)

2,945

813,439

West

Pharmaceutical

Services,

Inc.

3,814

1,403,705

Zimmer

Biomet

Holdings,

Inc.

10,555

1,458,173

49,889,124

Industrials

–

18.2%

AECOM

6,907

600,909

AGCO

Corp.

3,080

409,948

Allegion

PLC

4,375

511,263

American

Airlines

Group,

Inc.

(b)

32,782

549,098

AMETEK,

Inc.

11,615

1,842,139

AO

Smith

Corp.

6,376

463,089

Avis

Budget

Group,

Inc.

(b)

1,262

278,006

Axon

Enterprise,

Inc.

(b)

3,563

662,469

Booz

Allen

Hamilton

Holding

Corp.,

Class

A

6,630

802,760

Broadridge

Financial

Solutions,

Inc.

6,105

1,025,152

Builders

FirstSource

,

Inc.

(b)

6,502

939,084

Carlisle

Cos.,

Inc.

2,564

710,741

Carrier

Global

Corp.

42,149

2,509,973

Ceridian

HCM

Holding,

Inc.

(b)

7,847

555,646

CH

Robinson

Worldwide,

Inc.

5,882

589,259

Copart

,

Inc.

(b)

21,633

1,912,141

CoStar

Group,

Inc.

(b)

20,649

1,733,897

Cummins,

Inc.

7,136

1,861,069

Delta

Air

Lines,

Inc.

32,692

1,512,332

Dover

Corp.

7,009

1,023,104

EMCOR

Group,

Inc.

2,401

516,311

Equifax,

Inc.

6,212

1,267,745

Expeditors

International

of

Washington,

Inc.

7,677

977,282

Fastenal

Co.

28,891

1,693,302

Ferguson

PLC

10,354

1,673,413

Fortive

Corp.

17,881

1,400,976

Fortune

Brands

Innovations,

Inc.

6,378

453,284

Genpact

Ltd.

8,431

304,275

Graco

,

Inc.

8,670

687,791

HEICO

Corp.

2,023

356,008

HEICO

Corp.,

Class

A

3,835

538,242

Howmet

Aerospace,

Inc.

18,624

952,431

Hubbell,

Inc.,

Class

B

2,786

869,232

Huntington

Ingalls

Industries,

Inc.

2,038

468,067

IDEX

Corp.

3,816

861,691

Ingersoll

Rand,

Inc.

20,463

1,335,620

Jacobs

Solutions,

Inc.

6,414

804,380

JB

Hunt

Transport

Services,

Inc.

4,321

881,225

KBR,

Inc.

6,877

422,867

Knight-Swift

Transportation

Holdings,

Inc.,

Class

A

7,930

481,747

L3Harris

Technologies,

Inc.

9,685

1,835,211

Leidos

Holdings,

Inc.

6,889

644,328

Lennox

International,

Inc.

1,606

590,109

Lincoln

Electric

Holdings,

Inc.

2,896

581,256

Masco

Corp.

11,472

696,121

Middleby

Corp.

(The)

(b)

2,804

425,787

Nordson

Corp.

2,783

700,231

Old

Dominion

Freight

Line,

Inc.

4,573

1,918,328

Otis

Worldwide

Corp.

20,858

1,897,244

Owens

Corning

4,610

645,354

PACCAR,

Inc.

26,361

2,270,473

Parker-Hannifin

Corp.

6,473

2,653,995

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Industrials

–

18.2%

(continued)

Paychex,

Inc.

16,585

2,080,920

Paycom

Software,

Inc.

2,428

895,349

Paylocity

Holding

Corp.

(b)

2,302

522,209

Pentair

PLC

8,438

586,441

Quanta

Services,

Inc.

7,347

1,481,302

Regal

Rexnord

Corp.

3,328

519,767

Robert

Half,

Inc.

5,382

399,075

Rockwell

Automation,

Inc.

5,861

1,970,996

Rollins,

Inc.

11,721

478,568

Snap-On,

Inc.

2,639

718,969

Southwest

Airlines

Co.

(a)

29,975

1,023,946

SS&C

Technologies

Holdings,

Inc.

10,946

637,604

Stanley

Black

&

Decker,

Inc.

7,642

758,621

Tetra

Tech,

Inc.

2,657

449,591

Textron,

Inc.

10,165

790,532

Toro

Co.

(The)

5,345

543,319

Trane

Technologies

PLC

11,549

2,303,333

TransDigm

Group,

Inc.

2,633

2,368,963

TransUnion

9,696

772,674

U-Haul

Holding

Co.

513

31,221

U-Haul

Holding

Co.,

Class

B

4,597

262,994

United

Airlines

Holdings,

Inc.

(b)

16,830

914,037

United

Rentals,

Inc.

3,470

1,612,440

Verisk

Analytics,

Inc.,

Class

A

7,390

1,691,867

Watsco

,

Inc.

(a)

1,768

668,640

Westinghouse

Air

Brake

Technologies

Corp.

9,178

1,087,042

Willscot

Mobile

Mini

Holdings

Corp.,

Class

A

(b)

10,211

489,617

WW

Grainger,

Inc.

2,286

1,688,188

Xylem,

Inc.

12,026

1,355,931

81,400,561

Information

Technology

–

15.1%

Akamai

Technologies,

Inc.

(b)

7,658

723,681

ANSYS,

Inc.

(b)

4,384

1,499,766

Aspen

Technology,

Inc.

(b)

1,512

269,892

Atlassian

Corp.,

Class

A

(b)

7,668

1,395,116

Bentley

Systems,

Inc.,

Class

B

9,977

537,561

BILL

Holdings,

Inc.

(a),(b)

4,828

605,142

Black

Knight,

Inc.

(b)

7,891

554,895

CDW

Corp.

6,789

1,270,018

Cloudflare

,

Inc.,

Class

A

(a),(b)

14,570

1,001,979

Cognex

Corp.

8,683

474,265

Cognizant

Technology

Solutions

Corp.,

Class

A

25,780

1,702,253

Corning,

Inc.

38,588

1,309,677

Crowdstrike

Holdings,

Inc.,

Class

A

(b)

11,349

1,834,679

Datadog

,

Inc.,

Class

A

(b)

12,750

1,488,180

Dell

Technologies,

Inc.,

Class

C

13,009

688,436

DocuSign,

Inc.,

Class

A

(b)

10,458

562,850

Dynatrace

,

Inc.

(b)

10,975

600,223

Enphase

Energy,

Inc.

(b)

6,903

1,048,083

Entegris

,

Inc.

7,643

838,514

EPAM

Systems,

Inc.

(b)

2,923

692,196

F5,

Inc.

(b)

3,054

483,265

Fair

Isaac

Corp.

(b)

1,273

1,066,736

First

Solar,

Inc.

(b)

5,048

1,046,955

Flex

Ltd.

(b)

22,512

615,928

Gartner,

Inc.

(b)

4,000

1,414,360

GEN

Digital,

Inc.

28,380

551,991

GoDaddy

,

Inc.,

Class

A

(b)

7,677

591,820

Hewlett

Packard

Enterprise

Co.

65,175

1,132,742

HP,

Inc.

43,849

1,439,563

HubSpot

,

Inc.

(b)

2,542

1,475,758

7

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

15.1%

(continued)

Jabil,

Inc.

6,647

735,623

Juniper

Networks,

Inc.

16,380

455,364

Keysight

Technologies,

Inc.

(b)

9,024

1,453,586

Lattice

Semiconductor

Corp.

(b)

6,905

627,941

Manhattan

Associates,

Inc.

(b)

3,088

588,635

Marvell

Technology,

Inc.

43,408

2,827,163

Microchip

Technology,

Inc.

27,747

2,606,553

MongoDB,

Inc.,

Class

A

(b)

3,563

1,508,574

Monolithic

Power

Systems,

Inc.

2,294

1,283,470

NetApp,

Inc.

10,733

837,281

NXP

Semiconductors

NV

13,283

2,961,843

Okta

,

Inc.,

Class

A

(b)

7,847

603,120

ON

Semiconductor

Corp.

(b)

21,898

2,359,510

Palantir

Technologies,

Inc.,

Class

A

(b)

90,474

1,795,004

Procore

Technologies,

Inc.

(b)

3,606

273,515

PTC,

Inc.

(b)

5,368

782,708

Qorvo

,

Inc.

(b)

5,021

552,410

Seagate

Technology

Holdings

PLC

9,706

616,331

Skyworks

Solutions,

Inc.

8,034

918,849

SolarEdge

Technologies,

Inc.

(b)

2,820

680,917

Splunk

,

Inc.

(b)

7,645

828,183

TD

Synnex

Corp.

2,274

224,467

TE

Connectivity

Ltd.

16,113

2,312,054

Teledyne

Technologies,

Inc.

(b)

2,354

905,184

Teradyne,

Inc.

7,835

884,885

Trimble,

Inc.

(b)

12,516

673,361

Twilio

,

Inc.,

Class

A

(b)

8,930

589,648

Tyler

Technologies,

Inc.

(b)

2,095

830,940

Unity

Software,

Inc.

(b)

11,266

516,433

VeriSign,

Inc.

(b)

4,592

968,682

Western

Digital

Corp.

(b)

16,072

684,024

Workday,

Inc.,

Class

A

(b)

10,456

2,479,431

Zebra

Technologies

Corp.,

Class

A

(b)

2,794

860,440

Zoom

Video

Communications,

Inc.,

Class

A

(b)

11,182

820,200

Zscaler

,

Inc.

(b)

4,340

696,049

67,658,902

Materials

–

6.3%

Albemarle

Corp.

5,938

1,260,519

Amcor

PLC

74,848

767,939

Avery

Dennison

Corp.

4,071

749,105

Ball

Corp.

15,870

931,410

Celanese

Corp.,

Class

A

5,378

674,347

CF

Industries

Holdings,

Inc.

9,716

797,489

Cleveland-Cliffs,

Inc.

(b)

26,318

464,513

Crown

Holdings,

Inc.

6,128

568,433

Dow,

Inc.

35,775

2,020,214

DuPont

de

Nemours,

Inc.

23,318

1,810,176

Eastman

Chemical

Co.

6,420

549,424

FMC

Corp.

6,373

613,274

International

Flavors

&

Fragrances,

Inc.,

Class

W

12,921

1,093,246

International

Paper

Co.

17,647

636,351

LyondellBasell

Industries

NV,

Class

A

12,800

1,265,408

Martin

Marietta

Materials,

Inc.

3,137

1,400,545

Mosaic

Co.

(The)

16,634

678,002

Newmont

Corp.

40,090

1,720,663

Nucor

Corp.

12,660

2,178,659

Olin

Corp.

6,124

353,232

Packaging

Corp.

of

America

4,605

706,177

PPG

Industries,

Inc.

11,854

1,705,791

Reliance

Steel

&

Aluminum

Co.

3,045

891,759

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Materials

–

6.3%

(continued)

Royal

Gold,

Inc.

3,337

400,907

RPM

International,

Inc.

6,635

685,462

Steel

Dynamics,

Inc.

8,152

868,840

Vulcan

Materials

Co.

6,727

1,483,303

Westlake

Corp.

1,803

247,913

Westrock

Co.

12,741

424,148

27,947,249

Real

Estate

–

7.6%

Alexandria

Real

Estate

Equities,

Inc.

(c)

7,899

992,746

American

Homes

4

Rent,

Class

A

(c)

15,607

584,950

Americold

Realty

Trust,

Inc.

(c)

13,698

444,089

AvalonBay

Communities,

Inc.

(c)

7,170

1,352,620

Boston

Properties,

Inc.

(c)

7,128

474,939

Camden

Property

Trust

(c)

5,395

588,541

CBRE

Group,

Inc.,

Class

A

(b)

15,747

1,311,883

CubeSmart

(c)

11,235

487,150

Digital

Realty

Trust,

Inc.

(c)

14,793

1,843,504

Equity

LifeStyle

Properties,

Inc.

(c)

8,945

636,705

Equity

Residential

(c)

17,142

1,130,343

Essex

Property

Trust,

Inc.

(c)

3,302

804,202

Extra

Space

Storage,

Inc.

(c)

10,754

1,500,936

Federal

Realty

Investment

Trust

(c)

3,592

364,660

Gaming

and

Leisure

Properties,

Inc.

(c)

13,288

630,648

Healthpeak

Properties,

Inc.

(c)

27,757

605,935

Host

Hotels

&

Resorts,

Inc.

(c)

36,261

667,202

Invitation

Homes,

Inc.

(c)

29,406

1,043,913

Iron

Mountain,

Inc.

(c)

14,852

911,913

Kimco

Realty

Corp.

(c)

31,201

632,132

Lamar

Advertising

Co.,

Class

A

(c)

4,350

429,345

Mid-America

Apartment

Communities,

Inc.

(c)

5,890

881,497

NNN

REIT,

Inc.

(c)

9,198

392,571

Realty

Income

Corp.

(c)

34,510

2,104,075

Regency

Centers

Corp.

(c)

7,908

518,211

Rexford

Industrial

Realty,

Inc.

(c)

10,185

561,092

SBA

Communications

Corp.,

Class

A

(c)

5,462

1,195,905

Simon

Property

Group,

Inc.

(c)

16,575

2,065,245

Sun

Communities,

Inc.

(c)

6,251

814,505

UDR,

Inc.

(c)

15,817

646,599

Ventas,

Inc.

(c)

20,192

979,716

VICI

Properties,

Inc.,

Class

A

(c)

51,017

1,606,015

W.P.

Carey,

Inc.

(c)

10,722

724,057

Welltower

,

Inc.

(c)

25,314

2,079,545

Weyerhaeuser

Co.

(c)

36,799

1,253,374

Zillow

Group,

Inc.,

Class

A

(b)

3,050

162,321

Zillow

Group,

Inc.,

Class

C

(b)

7,893

427,485

33,850,569

Utilities

–

6.5%

AES

Corp.

(The)

33,799

731,072

Alliant

Energy

Corp.

12,794

687,550

Ameren

Corp.

13,192

1,130,159

American

Water

Works

Co.,

Inc.

9,805

1,445,551

Atmos

Energy

Corp.

7,289

887,144

Avangrid

,

Inc.

4,600

170,568

CenterPoint

Energy,

Inc.

32,189

968,567

CMS

Energy

Corp.

14,828

905,546

Consolidated

Edison,

Inc.

17,579

1,667,544

Constellation

Energy

Corp.

16,485

1,593,275

DTE

Energy

Co.

10,340

1,181,862

Edison

International

19,367

1,393,649

Entergy

Corp.

10,798

1,108,955

Essential

Utilities,

Inc.

12,000

507,480

8

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Utilities

–

6.5%

(continued)

Evergy

,

Inc.

11,749

704,587

Eversource

Energy

17,551

1,269,464

Exelon

Corp.

51,103

2,139,172

FirstEnergy

Corp.

27,592

1,086,849

NiSource,

Inc.

20,927

582,608

NRG

Energy,

Inc.

11,521

437,683

OGE

Energy

Corp.

9,973

360,524

PG&E

Corp.

(b)

81,261

1,431,006

Pinnacle

West

Capital

Corp.

5,872

486,319

PPL

Corp.

37,064

1,020,372

Public

Service

Enterprise

Group,

Inc.

25,295

1,596,620

Vistra

Corp.

17,651

495,287

WEC

Energy

Group,

Inc.

16,066

1,443,691

Xcel

Energy,

Inc.

27,800

1,743,894

29,176,998

Total

Common

Stocks

(cost

$424,918,082)

445,521,205

Investment

Companies

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$1,037,519)

1,037,519

1,037,519

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$742,105)

742,105

742,105

Total

Investments

(cost

$426,697,706)

100.1%

447,300,829

Liabilities,

Less

Cash

and

Receivables

(0.1)%

(247,431)

Net

Assets

100.0%

447,053,398

REIT—Real

Estate

Investment

Trust

(a)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$5,682,136

and

the

value

of

the

collateral

was

$5,785,860,

consisting

of

cash

collateral

of

$742,105

and

U.S.

Government

&

Agency

securities

valued

at

$5,043,755.

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

July

31,

2023.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

S&P

500

E-mini

3

9/15/2023

669,400

692,176

22,776

S&P

MidCap

400

E-mini

3

9/15/2023

768,362

823,020

54,658

Gross

Unrealized

Appreciation

77,434

9

STATEMENT

OF

INVESTMENTS

July

31,

2023

(Unaudited)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.7%

Communication

Services

–

3.0%

AMC

Entertainment

Holdings,

Inc.,

Class

A

(a),(b)

19,555

97,188

Bumble,

Inc.,

Class

A

(b)

3,743

69,320

Cable

One,

Inc.

180

130,309

Cogent

Communications

Holdings,

Inc.

1,649

100,985

DISH

Network

Corp.,

Class

A

(b)

9,526

75,541

Endeavor

Group

Holdings,

Inc.,

Class

A

(b)

6,698

158,073

Frontier

Communications

Parent,

Inc.

(b)

8,242

150,087

IAC,

Inc.

(b)

2,872

199,891

Iridium

Communications,

Inc.

4,730

248,562

John

Wiley

&

Sons,

Inc.,

Class

A

1,547

52,954

Lumen

Technologies,

Inc.

33,934

60,742

Madison

Square

Garden

Sports

Corp.

668

142,117

New

York

Times

Co.

(The),

Class

A

6,088

248,147

Nexstar

Media

Group,

Inc.

1,343

250,765

Playtika

Holding

Corp.

(b)

3,514

41,957

Roku,

Inc.

(b)

4,601

442,938

Shutterstock

,

Inc.

911

46,871

TEGNA,

Inc.

8,313

140,490

TripAdvisor,

Inc.

(b)

4,051

75,551

Warner

Music

Group

Corp.,

Class

A

4,429

139,735

World

Wrestling

Entertainment,

Inc.,

Class

A

1,630

171,150

Yelp,

Inc.

(b)

2,531

114,022

Ziff

Davis,

Inc.

(b)

1,787

129,593

3,286,988

Consumer

Discretionary

–

13.9%

Academy

Sports

&

Outdoors,

Inc.

2,889

172,733

Acushnet

Holdings

Corp.

1,116

66,547

Adient

PLC

(b)

3,506

149,215

ADT,

Inc.

7,822

49,904

American

Eagle

Outfitters,

Inc.

6,772

95,147

Asbury

Automotive

Group,

Inc.

(b)

799

180,254

Autoliv

,

Inc.

2,881

290,779

AutoNation,

Inc.

(b)

1,168

188,025

Bloomin

'

Brands,

Inc.

3,208

86,199

Boyd

Gaming

Corp.

2,911

198,880

Bright

Horizons

Family

Solutions,

Inc.

(b)

2,150

208,614

Brunswick

Corp.

2,636

227,513

Capri

Holdings

Ltd.

(b)

4,669

172,333

Carter's,

Inc.

1,466

109,965

Cavco

Industries,

Inc.

(b)

309

91,356

Chegg

,

Inc.

(b)

4,369

44,258

Chewy,

Inc.,

Class

A

(b)

3,617

122,616

Choice

Hotels

International,

Inc.

983

128,527

Columbia

Sportswear

Co.

1,348

105,966

Cracker

Barrel

Old

Country

Store,

Inc.

852

79,406

Crocs,

Inc.

(b)

2,329

252,347

Dana,

Inc.

4,852

92,091

Dillard's,

Inc.,

Class

A

123

42,194

Dorman

Products,

Inc.

(b)

1,056

89,433

Foot

Locker,

Inc.

(a)

3,069

82,464

Fox

Factory

Holding

Corp.

(b)

1,600

179,040

Frontdoor

,

Inc.

(b)

3,016

105,319

GameStop

Corp.,

Class

A

(b)

9,486

210,589

Gap,

Inc.

(The)

(a)

8,243

84,903

Gentex

Corp.

8,803

295,605

Goodyear

Tire

&

Rubber

Co.

(The)

(b)

10,678

171,702

Graham

Holdings

Co.,

Class

B

139

81,558

Grand

Canyon

Education,

Inc.

(b)

1,172

127,221

Group

1

Automotive,

Inc.

539

139,348

H&R

Block,

Inc.

5,655

190,065

Harley-Davidson,

Inc.

4,856

187,490

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Consumer

Discretionary

–

13.9%

(continued)

Helen

of

Troy

Ltd.

(b)

916

129,431

Hilton

Grand

Vacations,

Inc.

(b)

2,838

131,967

Hyatt

Hotels

Corp.,

Class

A

1,764

222,881

Installed

Building

Products,

Inc.

861

127,445

KB

Home

3,014

162,666

Kohl's

Corp.

(a)

4,183

119,006

Kontoor

Brands,

Inc.

1,897

80,357

Krispy

Kreme,

Inc.

2,642

40,687

LCI

Industries

(a)

950

129,456

Leggett

&

Platt,

Inc.

4,928

144,193

LGI

Homes,

Inc.

(a),(b)

790

109,612

Life

Time

Group

Holdings,

Inc.

(b)

2,156

39,002

Light

&

Wonder,

Inc.

(b)

3,435

241,480

Lithia

Motors,

Inc.

1,035

321,399

Macy's,

Inc.

(a)

10,089

167,376

Marriott

Vacations

Worldwide

Corp.

1,388

178,372

Mattel,

Inc.

(b)

13,267

282,587

MDC

Holdings,

Inc.

2,220

113,842

Meritage

Homes

Corp.

1,404

209,126

Mister

Car

Wash,

Inc.

(b)

2,949

29,284

Mohawk

Industries,

Inc.

(b)

1,965

208,958

Murphy

USA,

Inc.

748

229,658

Newell

Brands,

Inc.

14,147

157,881

Nordstrom,

Inc.

4,239

97,963

Norwegian

Cruise

Line

Holdings

Ltd.

(b)

15,872

350,295

Ollie's

Bargain

Outlet

Holdings,

Inc.

(b)

2,143

156,182

Papa

John's

International,

Inc.

1,101

91,053

Peloton

Interactive,

Inc.,

Class

A

(b)

12,535

121,715

Penn

Entertainment,

Inc.

(b)

5,716

150,274

Petco

Health

&

Wellness

Co.,

Inc.

(b)

3,008

24,545

Planet

Fitness,

Inc.,

Class

A

(b)

3,194

215,723

Polaris,

Inc.

2,008

272,767

PVH

Corp.

2,334

209,220

QuantumScape

Corp.

(a),(b)

10,814

143,934

Ralph

Lauren

Corp.

1,530

200,935

Red

Rock

Resorts,

Inc.,

Class

A

1,794

87,009

RH

(a),(b)

670

260,074

SeaWorld

Entertainment,

Inc.

(b)

1,525

84,439

Shake

Shack,

Inc.,

Class

A

(b)

1,367

106,161

Signet

Jewelers

Ltd.

1,671

134,499

Skechers

USA,

Inc.,

Class

A

(b)

5,036

279,901

Skyline

Champion

Corp.

(b)

1,966

136,952

Sonos

,

Inc.

(a),(b)

4,790

82,101

Steven

Madden

Ltd.

2,640

88,123

Taylor

Morrison

Home

Corp.

(b)

4,055

196,343

Tempur

Sealy

International,

Inc.

(a)

6,456

288,131

Texas

Roadhouse,

Inc.

2,507

279,656

Thor

Industries,

Inc.

(a)

2,009

232,019

Toll

Brothers,

Inc.

3,857

309,833

TopBuild

Corp.

(b)

1,190

325,977

Topgolf

Callaway

Brands

Corp.

(b)

5,118

102,206

Travel

+

Leisure

Co.

2,826

115,103

Under

Armour

,

Inc.,

Class

A

(b)

7,086

57,113

Under

Armour

,

Inc.,

Class

C

(b)

6,939

51,487

Urban

Outfitters,

Inc.

(b)

2,343

85,215

Valvoline,

Inc.

5,302

201,317

Victoria's

Secret

&

Co.

(b)

3,075

63,007

Visteon

Corp.

(b)

1,066

164,260

Wayfair,

Inc.,

Class

A

(b)

3,070

239,061

Wendy's

Co.

(The)

6,260

134,527

Wingstop

,

Inc.

1,110

187,124

Wyndham

Hotels

&

Resorts,

Inc.

3,229

251,604

10

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Consumer

Discretionary

–

13.9%

(continued)

YETI

Holdings,

Inc.

(a),(b)

3,263

139,004

15,393,124

Consumer

Staples

–

3.1%

BellRing

Brands,

Inc.

(b)

4,927

177,126

Boston

Beer

Co.,

Inc.

(The),

Class

A

(a),(b)

365

135,576

Cal-Maine

Foods,

Inc.

1,465

67,668

Celsius

Holdings,

Inc.

(a),(b)

1,525

220,667

Coca-Cola

Consolidated,

Inc.

178

112,747

e.l.f

Beauty,

Inc.

(b)

1,892

220,834

Edgewell

Personal

Care

Co.

1,962

77,322

Energizer

Holdings,

Inc.

2,525

90,143

Flowers

Foods,

Inc.

7,144

176,528

Freshpet

,

Inc.

(a),(b)

1,782

131,048

Grocery

Outlet

Holding

Corp.

(b)

3,380

113,061

Hostess

Brands,

Inc.

(b)

5,091

122,388

Ingredion,

Inc.

2,457

273,366

Inter

Parfums

,

Inc.

678

101,402

J&J

Snack

Foods

Corp.

554

88,817

Lancaster

Colony

Corp.

736

141,776

MGP

Ingredients,

Inc.

559

63,732

National

Beverage

Corp.

(b)

912

48,199

Olaplex

Holdings,

Inc.

(b)

3,064

11,030

Pilgrim's

Pride

Corp.

(b)

1,665

41,242

Post

Holdings,

Inc.

(b)

1,977

168,638

PriceSmart

,

Inc.

927

72,056

Reynolds

Consumer

Products,

Inc.

2,028

56,135

Seaboard

Corp.

9

32,445

Simply

Good

Foods

Co.

(The)

(b)

3,258

126,117

Spectrum

Brands

Holdings,

Inc.

1,551

121,614

Sprouts

Farmers

Market,

Inc.

(b)

3,814

149,700

TreeHouse

Foods,

Inc.

(b)

1,899

98,007

WD-40

Co.

496

113,832

Weis

Markets,

Inc.

622

41,263

3,394,479

Energy

–

5.2%

Antero

Midstream

Corp.

12,988

155,077

Antero

Resources

Corp.

(b)

10,330

276,328

Cactus,

Inc.,

Class

A

2,456

124,716

California

Resources

Corp.

2,647

141,217

Callon

Petroleum

Co.

(b)

1,959

73,580

Championx

Corp.

7,377

262,621

Chord

Energy

Corp.

1,564

245,298

Civitas

Resources,

Inc.

1,832

137,144

CNX

Resources

Corp.

(a),(b)

6,103

124,501

Comstock

Resources,

Inc.

(a)

3,571

45,530

CONSOL

Energy,

Inc.

(a)

1,178

87,785

CVR

Energy,

Inc.

1,098

40,341

Denbury,

Inc.

(b)

1,895

166,589

DT

Midstream,

Inc.

3,633

194,438

Equitrans

Midstream

Corp.

16,054

166,480

Helmerich

&

Payne,

Inc.

3,806

170,395

HighPeak

Energy,

Inc.

(a)

485

7,348

Kosmos

Energy

Ltd.

(b)

17,026

120,885

Liberty

Energy,

Inc.

5,468

90,058

Magnolia

Oil

&

Gas

Corp.,

Class

A

(a)

6,464

143,178

Matador

Resources

Co.

4,242

235,982

Murphy

Oil

Corp.

5,462

236,341

New

Fortress

Energy,

Inc.

1,724

49,220

Northern

Oil

and

Gas,

Inc.

(a)

3,003

118,228

NOV,

Inc.

14,764

296,461

Patterson-UTI

Energy,

Inc.

7,685

121,730

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Energy

–

5.2%

(continued)

PBF

Energy,

Inc.,

Class

A

4,122

195,548

PDC

Energy,

Inc.

3,255

247,022

Peabody

Energy

Corp.

4,421

99,207

Permian

Resources

Corp.,

Class

A

8,973

104,894

Range

Resources

Corp.

9,045

284,284

SM

Energy

Co.

4,477

162,470

Southwestern

Energy

Co.

(b)

41,027

265,855

Transocean

Ltd.

(b)

26,518

233,358

Valaris

Ltd.

(b)

2,267

174,106

Weatherford

International

PLC

(b)

2,461

204,509

5,802,724

Financials

–

15.4%

Affiliated

Managers

Group,

Inc.

1,347

186,748

Affirm

Holdings,

Inc.

(a),(b)

7,879

152,774

AGNC

Investment

Corp.

(a)(c)

22,213

226,350

American

Equity

Investment

Life

Holding

Co.

(b)

2,335

125,319

Ameris

Bancorp

2,395

104,542

Artisan

Partners

Asset

Management,

Inc.,

Class

A

2,634

109,285

Associated

Banc-Corp.

5,584

105,817

Assurant,

Inc.

1,989

267,540

Assured

Guaranty

Ltd.

2,213

132,293

Atlantic

Union

Bankshares

Corp.

2,834

90,631

Axis

Capital

Holdings

Ltd.

2,960

163,155

Axos

Financial,

Inc.

(b)

1,956

91,932

BancFirst

Corp.

663

66,234

Bank

OZK

(a)

4,080

178,418

Blackstone

Mortgage

Trust,

Inc.,

Class

A

(a)(c)

6,386

146,814

Blue

Owl

Capital,

Inc.

13,393

165,002

BOK

Financial

Corp.

1,095

97,543

Brighthouse

Financial,

Inc.

(b)

2,466

128,553

Cadence

Bank

7,021

175,876

Cathay

General

Bancorp

2,657

101,072

CNO

Financial

Group,

Inc.

4,360

112,139

Cohen

&

Steers,

Inc.

971

62,445

Columbia

Banking

System,

Inc.

7,743

173,056

Comerica,

Inc.

4,906

264,728

Commerce

Bancshares,

Inc.

4,230

224,951

Community

Bank

System,

Inc.

1,977

106,422

Credit

Acceptance

Corp.

(b)

235

130,801

Cullen/Frost

Bankers,

Inc.

2,396

260,158

CVB

Financial

Corp.

4,846

91,444

Eastern

Bankshares

,

Inc.

6,084

85,906

Enact

Holdings,

Inc.

1,165

31,688

Enstar

Group

Ltd.

(b)

510

130,499

Essent

Group

Ltd.

4,057

201,227

Euronet

Worldwide,

Inc.

(b)

1,771

155,618

Evercore

,

Inc.,

Class

A

1,321

178,414

EVERTEC,

Inc.

2,400

94,392

F&G

Annuities

&

Life,

Inc.

670

17,554

Federated

Hermes,

Inc.

3,185

107,748

First

American

Financial

Corp.

3,867

245,090

First

Bancorp

6,703

99,540

First

Financial

Bankshares

,

Inc.

4,881

159,072

First

Hawaiian,

Inc.

4,723

97,719

First

Interstate

BancSystem

,

Inc.,

Class

A

3,375

96,964

FirstCash

Holdings,

Inc.

1,358

129,390

Flywire

Corp.

(b)

2,387

81,492

FNB

Corp.

13,399

171,373

Focus

Financial

Partners,

Inc.,

Class

A

(b)

2,151

112,562

Freedom

Holding

Corp.

(a),(b)

629

50,169

11

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Financials

–

15.4%

(continued)

Glacier

Bancorp,

Inc.

4,115

134,560

Hamilton

Lane,

Inc.,

Class

A

1,359

120,176

Hancock

Whitney

Corp.

3,193

140,524

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

(a)(c)

3,935

102,743

Hanover

Insurance

Group,

Inc.

(The)

1,339

151,950

Home

BancShares

,

Inc.

7,004

170,267

Houlihan

Lokey

,

Inc.

1,896

189,316

Independent

Bank

Corp.

1,612

97,123

International

Bancshares

Corp.

2,015

100,025

Jackson

Financial,

Inc.,

Class

A

2,200

72,644

Janus

Henderson

Group

PLC

5,156

151,329

Jefferies

Financial

Group,

Inc.

7,006

257,751

Kemper

Corp.

2,456

125,182

Lincoln

National

Corp.

5,717

160,305

MGIC

Investment

Corp.

10,636

178,047

Moelis

&

Co.,

Class

A

(a)

2,470

120,610

Mr

Cooper

Group,

Inc.

(b)

2,520

146,084

Navient

Corp.

3,627

69,058

Nelnet,

Inc.,

Class

A

669

66,017

New

York

Community

Bancorp,

Inc.

27,067

375,419

Old

National

Bancorp

10,835

184,520

OneMain

Holdings,

Inc.

4,483

203,887

Pacific

Premier

Bancorp,

Inc.

3,617

92,378

PennyMac

Financial

Services,

Inc.

1,157

87,041

Pinnacle

Financial

Partners,

Inc.

2,904

220,414

Popular,

Inc.

2,716

197,046

Primerica,

Inc.

1,350

287,145

Prosperity

Bancshares,

Inc.

3,509

222,190

Radian

Group,

Inc.

5,789

155,898

Remitly

Global,

Inc.

(b)

3,802

73,303

Rithm

Capital

Corp.

(c)

18,209

183,547

RLI

Corp.

1,517

202,383

Robinhood

Markets,

Inc.,

Class

A

(b)

19,513

250,937

Ryan

Specialty

Holdings,

Inc.

(a),(b)

3,562

154,377

Selective

Insurance

Group,

Inc.

2,262

233,416

ServisFirst

Bancshares,

Inc.

1,834

109,453

Shift4

Payments,

Inc.,

Class

A

(a),(b)

2,151

148,397

Simmons

First

National

Corp.,

Class

A

4,677

94,429

SLM

Corp.

8,982

145,329

SoFi

Technologies,

Inc.

(a),(b)

31,089

355,969

SouthState

Corp.

2,860

222,136

Starwood

Property

Trust,

Inc.

(a)(c)

11,764

243,985

Stifel

Financial

Corp.

3,984

253,143

Synovus

Financial

Corp.

5,416

183,602

Texas

Capital

Bancshares,

Inc.

(b)

1,840

117,484

TFS

Financial

Corp.

1,846

26,785

Toast,

Inc.,

Class

A

(b)

12,671

279,649

TPG,

Inc.

1,913

56,300

Tradeweb

Markets,

Inc.,

Class

A

4,302

351,861

UMB

Financial

Corp.

1,655

117,505

United

Bankshares

,

Inc.

(a)

4,987

166,765

United

Community

Banks,

Inc.

4,422

128,547

Valley

National

Bancorp

15,616

160,220

Voya

Financial,

Inc.

3,688

273,871

Walker

&

Dunlop,

Inc.

1,165

105,992

Webster

Financial

Corp.

6,508

307,959

Western

Alliance

Bancorp

4,118

213,930

Western

Union

Co.

(The)

13,895

169,241

White

Mountains

Insurance

Group

Ltd.

96

148,514

Wintrust

Financial

Corp.

2,272

191,666

WSFS

Financial

Corp.

2,333

102,069

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Financials

–

15.4%

(continued)

Zions

Bancorp

NA

5,561

212,708

17,053,580

Health

Care

–

11.4%

10x

Genomics,

Inc.,

Class

A

(b)

3,677

231,577

Acadia

Healthcare

Co.,

Inc.

(b)

3,433

271,310

ACADIA

Pharmaceuticals,

Inc.

(b)

4,488

131,229

Agiliti

,

Inc.

(a),(b)

1,351

23,197

Alkermes

PLC

(b)

6,340

185,635

Amedisys

,

Inc.

(b)

1,218

110,643

Amicus

Therapeutics,

Inc.

(b)

9,355

127,415

AMN

Healthcare

Services,

Inc.

(b)

1,473

157,832

Arrowhead

Pharmaceuticals,

Inc.

(b)

3,948

136,285

AtriCure

,

Inc.

(b)

1,772

98,080

Axonics

,

Inc.

(b)

1,912

115,427

Axsome

Therapeutics,

Inc.

(b)

1,390

109,073

Azenta

,

Inc.

(b)

2,404

112,940

Beam

Therapeutics,

Inc.

(b)

2,404

74,211

Blueprint

Medicines

Corp.

(b)

2,270

149,820

Cerevel

Therapeutics

Holdings,

Inc.

(a),(b)

2,459

75,221

Certara

,

Inc.

(b)

3,878

75,505

CONMED

Corp.

1,145

138,602

Corcept

Therapeutics,

Inc.

(b)

3,326

84,746

CorVel

Corp.

(b)

360

73,642

CRISPR

Therapeutics

AG

(b)

2,941

168,607

Cytokinetics,

Inc.

(b)

3,555

118,559

Denali

Therapeutics,

Inc.

(b)

4,246

120,714

Doximity

,

Inc.,

Class

A

(a),(b)

4,467

159,606

Elanco

Animal

Health,

Inc.

(b)

17,344

209,342

Encompass

Health

Corp.

3,739

246,886

Enovis

Corp.

(b)

1,836

117,320

Ensign

Group,

Inc.

(The)

2,085

201,974

Envista

Holdings

Corp.

(b)

6,083

209,316

Evolent

Health,

Inc.,

Class

A

(b)

3,601

109,434

Exelixis

,

Inc.

(b)

12,108

238,649

Glaukos

Corp.

(b)

1,790

138,081

Globus

Medical,

Inc.,

Class

A

(b)

3,019

181,955

Guardant

Health,

Inc.

(b)

4,328

168,879

Haemonetics

Corp.

(b)

1,895

174,795

Halozyme

Therapeutics,

Inc.

(b)

4,934

211,965

HealthEquity

,

Inc.

(b)

3,187

216,525

Hims

&

Hers

Health,

Inc.

(b)

4,476

40,150

ICU

Medical,

Inc.

(b)

759

135,239

Inari

Medical,

Inc.

(b)

1,895

108,148

Insmed

,

Inc.

(b)

5,167

114,139

Inspire

Medical

Systems,

Inc.

(b)

1,097

315,728

Integer

Holdings

Corp.

(b)

1,230

113,750

Integra

LifeSciences

Holdings

Corp.

(b)

2,640

120,041

Intellia

Therapeutics,

Inc.

(b)

3,248

137,488

Intra-Cellular

Therapies,

Inc.

(b)

3,318

205,185

Ionis

Pharmaceuticals,

Inc.

(a),(b)

5,371

222,520

iRhythm

Technologies,

Inc.

(b)

1,158

121,659

Krystal

Biotech,

Inc.

(b)

800

103,280

Lantheus

Holdings,

Inc.

(b)

2,562

221,587

LifeStance

Health

Group,

Inc.

(b)

3,625

34,039

LivaNova

PLC

(b)

2,018

117,952

Madrigal

Pharmaceuticals,

Inc.

(b)

487

99,981

Medpace

Holdings,

Inc.

(b)

920

232,916

Merit

Medical

Systems,

Inc.

(b)

2,143

160,018

Mirati

Therapeutics,

Inc.

(b)

1,961

59,359

Natera

,

Inc.

(b)

4,286

193,813

Neogen

Corp.

(b)

8,237

191,016

12

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Health

Care

–

11.4%

(continued)

Novocure

Ltd.

(a),(b)

3,384

110,454

NuVasive

,

Inc.

(b)

1,966

81,019

Omnicell

,

Inc.

(b)

1,670

105,460

Option

Care

Health,

Inc.

(b)

6,145

207,578

Organon

&

Co.

9,571

210,371

Pacific

Biosciences

of

California,

Inc.

(b)

8,605

113,672

Pacira

BioSciences

,

Inc.

(b)

1,713

62,268

Patterson

Cos.,

Inc.

3,309

108,833

Perrigo

Co.

PLC

5,176

189,649

Premier,

Inc.,

Class

A

4,377

121,462

Prestige

Consumer

Healthcare,

Inc.

(b)

1,898

123,769

Privia

Health

Group,

Inc.

(b)

3,572

99,730

Progyny

,

Inc.

(b)

2,944

122,941

PTC

Therapeutics,

Inc.

(b)

2,820

113,759

QuidelOrtho

Corp.

(b)

2,016

176,118

R1

RCM,

Inc.

(b)

5,098

88,093

Reata

Pharmaceuticals,

Inc.,

Class

A

(b)

1,089

180,317

Revance

Therapeutics,

Inc.

(b)

3,088

72,969

REVOLUTION

Medicines,

Inc.

(b)

3,397

89,171

Roivant

Sciences

Ltd.

(b)

4,361

52,245

Sage

Therapeutics,

Inc.

(b)

1,975

68,493

Select

Medical

Holdings

Corp.

3,865

115,989

Sotera

Health

Co.

(b)

3,819

72,485

STAAR

Surgical

Co.

(b)

1,784

97,710

Surgery

Partners,

Inc.

(b)

2,584

99,820

Syneos

Health,

Inc.

(b)

3,860

163,703

Tandem

Diabetes

Care,

Inc.

(b)

2,391

83,494

Teladoc

Health,

Inc.

(b)

6,212

184,931

Tenet

Healthcare

Corp.

(b)

3,802

284,123

TG

Therapeutics,

Inc.

(b)

5,275

109,140

TransMedics

Group,

Inc.

(b)

1,217

113,400

Ultragenyx

Pharmaceutical,

Inc.

(b)

2,706

116,683

Vaxcyte

,

Inc.

(b)

2,886

138,701

Vir

Biotechnology,

Inc.

(b)

2,938

41,367

12,642,922

Industrials

–

19.1%

AAON,

Inc.

1,654

174,100

ABM

Industries,

Inc.

2,514

116,348

Acuity

Brands,

Inc.

1,198

197,958

Advanced

Drainage

Systems,

Inc.

2,331

284,359

AeroVironment

,

Inc.

(b)

971

92,497

Air

Lease

Corp.

3,821

161,781

Alaska

Air

Group,

Inc.

(b)

4,805

233,667

Albany

International

Corp.,

Class

A

1,173

112,936

Alight,

Inc.,

Class

A

(b)

12,660

123,815

Allison

Transmission

Holdings,

Inc.

3,381

198,431

API

Group

Corp.

(b)

7,603

218,662

Applied

Industrial

Technologies,

Inc.

1,456

211,105

ArcBest

Corp.

871

101,315

Arcosa

,

Inc.

1,844

142,320

Armstrong

World

Industries,

Inc.

1,664

128,727

ASGN,

Inc.

(b)

1,836

140,124

Atkore

,

Inc.

(b)

1,462

231,976

AZEK

Co.,

Inc.

(The)

(b)

4,483

139,870

Beacon

Roofing

Supply,

Inc.

(b)

1,844

157,976

Bloom

Energy

Corp.,

Class

A

(a),(b)

6,944

124,020

Boise

Cascade

Co.

1,489

154,097

Brady

Corp.,

Class

A

1,777

91,658

Brink's

Co.

(The)

1,773

129,358

BWX

Technologies,

Inc.

3,437

237,153

CACI

International,

Inc.,

Class

A

(b)

855

299,626

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Industrials

–

19.1%

(continued)

Casella

Waste

Systems,

Inc.,

Class

A

(b)

2,082

167,997

CBIZ,

Inc.

(b)

1,848

97,741

ChargePoint

Holdings,

Inc.

(a),(b)

10,158

87,968

Chart

Industries,

Inc.

(a),(b)

1,570

285,991

Clarivate

PLC

(b)

16,003

152,189

Clean

Harbors,

Inc.

(b)

1,892

314,564

Comfort

Systems

USA,

Inc.

1,341

233,294

Concentrix

Corp.

1,590

132,352

Core

&

Main,

Inc.,

Class

A

(b)

3,259

103,017

Crane

Co.

1,809

169,485

Curtiss-Wright

Corp.

1,438

275,176

Donaldson

Co.,

Inc.

4,543

285,437

Driven

Brands

Holdings,

Inc.

(b)

2,077

53,732

Dun

&

Bradstreet

Holdings,

Inc.

8,423

99,560

Dycom

Industries,

Inc.

(b)

1,097

109,239

Encore

Wire

Corp.

671

114,533

EnerSys

1,527

165,405

Esab

Corp.

1,972

135,476

ExlService

Holdings,

Inc.

(b)

1,232

173,650

Exponent,

Inc.

1,897

169,933

Federal

Signal

Corp.

2,266

138,430

Flowserve

Corp.

4,862

183,589

Fluor

Corp.

(b)

5,300

164,194

Forward

Air

Corp.

972

115,512

Franklin

Electric

Co.,

Inc.

1,455

143,783

Frontier

Group

Holdings,

Inc.

(b)

1,418

13,187

FTAI

Aviation

Ltd.

3,688

118,790

FTI

Consulting,

Inc.

(b)

1,278

223,855

Gates

Industrial

Corp.

PLC

(b)

4,802

65,403

GATX

Corp.

1,327

166,353

Generac

Holdings,

Inc.

(b)

2,325

357,353

GMS,

Inc.

(b)

1,531

112,819

GXO

Logistics,

Inc.

(b)

4,425

296,785

Hayward

Holdings,

Inc.

(b)

5,301

70,821

Herc

Holdings,

Inc.

909

121,651

Hertz

Global

Holdings,

Inc.

(b)

5,834

98,303

Hexcel

Corp.

3,136

221,652

Hillenbrand,

Inc.

2,580

134,005

Hub

Group,

Inc.,

Class

A

(b)

1,231

110,950

ICF

International,

Inc.

619

72,788

Insperity

,

Inc.

1,343

158,004

ITT,

Inc.

3,069

305,672

JetBlue

Airways

Corp.

(b)

12,499

97,117

Joby

Aviation,

Inc.

(a),(b)

13,114

117,370

John

Bean

Technologies

Corp.

1,174

145,118

Kadant

,

Inc.

431

96,048

Kennametal,

Inc.

2,966

90,404

Kirby

Corp.

(b)

2,278

185,611

Korn

Ferry

2,025

106,677

Landstar

System,

Inc.

1,345

273,829

Leonardo

DRS,

Inc.

(b)

1,786

29,808

Lyft,

Inc.,

Class

A

(b)

12,313

156,498

ManpowerGroup

,

Inc.

1,893

149,320

MasTec

,

Inc.

(b)

2,240

263,760

Matson,

Inc.

1,339

125,143

MAXIMUS,

Inc.

2,266

189,800

McGrath

RentCorp

913

87,995

MDU

Resources

Group,

Inc.

7,709

170,523

Mercury

Systems,

Inc.

(b)

2,150

81,657

Moog,

Inc.,

Class

A

1,054

111,134

MSA

Safety,

Inc.

1,383

229,578

MSC

Industrial

Direct

Co.,

Inc.,

Class

A

1,769

178,527

13

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Industrials

–

19.1%

(continued)

Mueller

Industries,

Inc.

2,145

173,874

nVent

Electric

PLC

6,208

328,279

Oshkosh

Corp.

2,454

225,940

Parsons

Corp.

(b)

1,288

63,653

Paycor

HCM,

Inc.

(b)

1,835

49,288

Plug

Power,

Inc.

(a),(b)

20,264

265,864

RBC

Bearings,

Inc.

(b)

1,093

247,073

Resideo

Technologies,

Inc.

(b)

5,478

102,548

Rush

Enterprises,

Inc.,

Class

A

1,544

99,866

Rush

Enterprises,

Inc.,

Class

B

305

20,957

Ryder

System,

Inc.

1,722

175,902

Saia,

Inc.

(b)

995

421,024

Schneider

National,

Inc.,

Class

B

1,469

45,260

Science

Applications

International

Corp.

2,018

244,864

Sensata

Technologies

Holding

PLC

5,735

242,304

Simpson

Manufacturing

Co.,

Inc.

1,608

254,064

SiteOne

Landscape

Supply,

Inc.

(b)

1,685

286,450

Spirit

AeroSystems

Holdings,

Inc.,

Class

A

3,884

123,589

SPX

Technologies,

Inc.

(b)

1,706

144,345

Stericycle,

Inc.

(b)

3,436

145,996

SunPower

Corp.

(a),(b)

3,315

32,719

Sunrun

,

Inc.

(b)

8,233

156,262

Terex

Corp.

2,517

147,572

Timken

Co.

(The)

2,454

227,878

Trex

Co.,

Inc.

(b)

4,051

280,086

TriNet

Group,

Inc.

(b)

1,295

136,273

Triton

International

Ltd.

2,069

174,437

UFP

Industries,

Inc.

2,343

240,767

UniFirst

Corp.

556

90,239

Univar

Solutions,

Inc.

(b)

5,926

214,166

Valmont

Industries,

Inc.

791

209,417

Verra

Mobility

Corp.

(a),(b)

5,162

108,350

Vertiv

Holdings

Co.

11,318

294,381

Watts

Water

Technologies,

Inc.,

Class

A

1,032

192,499

Werner

Enterprises,

Inc.

2,219

104,337

WESCO

International,

Inc.

1,695

297,591

Woodward,

Inc.

2,249

270,735

XPO,

Inc.

(b)

4,304

298,009

Zurn

Elkay

Water

Solutions

Corp.

5,529

168,303

21,115,595

Information

Technology

–

14.2%

ACI

Worldwide,

Inc.

(b)

3,998

92,714

Advanced

Energy

Industries,

Inc.

1,403

175,628

Alarm.com

Holdings,

Inc.

(b)

1,851

102,194

Allegro

MicroSystems

,

Inc.

(b)

2,514

129,748

Altair

Engineering,

Inc.,

Class

A

(b)

2,029

152,053

Alteryx

,

Inc.,

Class

A

(b)

2,388

99,006

Ambarella

,

Inc.

(b)

1,415

118,039

Amkor

Technology,

Inc.

3,704

107,749

Appfolio

,

Inc.,

Class

A

(b)

726

131,108

AppLovin

Corp.,

Class

A

(a),(b)

4,788

150,343

Arrow

Electronics,

Inc.

(b)

2,125

302,898

Asana,

Inc.,

Class

A

(b)

2,895

70,291

Avnet,

Inc.

3,462

167,907

Axcelis

Technologies,

Inc.

(b)

1,228

246,189

Badger

Meter,

Inc.

1,098

180,775

Belden,

Inc.

1,610

155,590

Blackbaud

,

Inc.

(b)

1,729

130,453

BlackLine

,

Inc.

(b)

2,098

121,852

Box,

Inc.,

Class

A

(b)

5,348

167,125

Calix,

Inc.

(b)

2,212

99,783

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

14.2%

(continued)

CCC

Intelligent

Solutions

Holdings,

Inc.

(b)

3,937

43,386

Ciena

Corp.

(b)

5,539

233,746

Cirrus

Logic,

Inc.

(b)

2,073

167,498

Clear

Secure,

Inc.,

Class

A

2,961

70,205

Coherent

Corp.

(b)

5,230

247,693

CommVault

Systems,

Inc.

(b)

1,648

128,429

Confluent,

Inc.,

Class

A

(a),(b)

7,025

242,644

Crane

NXT

Co.

1,842

108,954

DigitalOcean

Holdings,

Inc.

(a),(b)

2,079

102,952

Diodes,

Inc.

(b)

1,709

161,483

Dolby

Laboratories,

Inc.,

Class

A

2,210

195,828

DoubleVerify

Holdings,

Inc.

(b)

3,325

139,983

Dropbox,

Inc.,

Class

A

(b)

10,213

275,240

DXC

Technology

Co.

(b)

8,473

234,278

Elastic

NV

(b)

3,002

199,483

EngageSmart

,

Inc.

(b)

1,097

20,799

Envestnet

,

Inc.

(b)

2,021

125,262

Extreme

Networks,

Inc.

(b)

4,973

132,232

Fabrinet

(b)

1,349

166,790

Five9,

Inc.

(b)

2,642

231,836

Gitlab

,

Inc.,

Class

A

(b)

2,472

122,685

Guidewire

Software,

Inc.

(b)

3,055

259,125

Impinj

,

Inc.

(b)

851

56,694

Informatica

,

Inc.,

Class

A

(b)

1,526

29,055

Insight

Enterprises,

Inc.

(b)

1,087

159,452

Instructure

Holdings,

Inc.

(a),(b)

614

16,682

Intapp

,

Inc.

(b)

803

32,971

IPG

Photonics

Corp.

(b)

1,163

152,876

Itron

,

Inc.

(b)

1,670

131,379

Jamf

Holding

Corp.

(b)

1,720

37,358

Kulicke

&

Soffa

Industries,

Inc.

2,092

125,269

Kyndryl

Holdings,

Inc.

(b)

7,864

107,422

Littelfuse

,

Inc.

933

284,192

Lumentum

Holdings,

Inc.

(b)

2,631

137,759

MACOM

Technology

Solutions

Holdings,

Inc.

(b)

1,910

133,547

MicroStrategy

,

Inc.,

Class

A

(a),(b)

419

183,472

MKS

Instruments,

Inc.

2,143

233,951

N-able,

Inc.

(b)

2,452

34,500

National

Instruments

Corp.

4,906

289,454

nCino

,

Inc.

(a),(b)

2,888

93,427

NCR

Corp.

(b)

5,352

143,862

New

Relic,

Inc.

(b)

2,161

181,481

Novanta

,

Inc.

(b)

1,342

237,400

Nutanix

,

Inc.,

Class

A

(b)

8,551

258,240

Onto

Innovation,

Inc.

(b)

1,832

227,754

PagerDuty

,

Inc.

(b)

3,151

81,674

Pegasystems

,

Inc.

1,594

84,084

Perficient

,

Inc.

(b)

1,288

82,162

Plexus

Corp.

(b)

1,034

101,839

Power

Integrations,

Inc.

2,141

207,977

PowerSchool

Holdings,

Inc.,

Class

A

(b)

1,528

36,932

Progress

Software

Corp.

1,606

96,456

Pure

Storage,

Inc.,

Class

A

(b)

10,757

397,901

Qualys

,

Inc.

(b)

1,258

174,610

Rambus,

Inc.

(b)

4,053

253,758

Rapid7,

Inc.

(b)

2,326

106,787

RingCentral,

Inc.,

Class

A

(b)

2,887

119,406

Rogers

Corp.

(b)

682

114,992

Sanmina

Corp.

(b)

2,221

136,503

SentinelOne

,

Inc.,

Class

A

(b)

8,695

144,946

Silicon

Laboratories,

Inc.

(b)

1,202

179,266

SiTime

Corp.

(b)

611

78,825

14

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Information

Technology

–

14.2%

(continued)

Smartsheet

,

Inc.,

Class

A

(b)

4,991

221,600

Sprout

Social,

Inc.,

Class

A

(b)

1,783

101,881

SPS

Commerce,

Inc.

(b)

1,372

247,495

Squarespace,

Inc.,

Class

A

(b)

1,486

49,246

Super

Micro

Computer,

Inc.

(b)

1,715

566,413

Synaptics

,

Inc.

(b)

1,470

132,756

Tenable

Holdings,

Inc.

(b)

4,312

209,822

Teradata

Corp.

(b)

3,752

213,301

UiPath

,

Inc.,

Class

A

(a),(b)

13,335

241,097

Universal

Display

Corp.

1,631

237,930

Varonis

Systems,

Inc.

(b)

4,057

116,436

Verint

Systems,

Inc.

(b)

2,384

89,090

Viasat

,

Inc.

(a),(b)

2,823

87,344

Viavi

Solutions,

Inc.

(b)

8,544

92,873

Vishay

Intertechnology

,

Inc.

4,730

133,150

Vontier

Corp.

5,778

178,714

Wolfspeed

,

Inc.

(a),(b)

4,666

307,489

Workiva

,

Inc.

(b)

1,777

187,100

Xerox

Holdings

Corp.

4,193

67,004

15,679,032

Materials

–

5.8%

Alcoa

Corp.

6,698

242,401

Alpha

Metallurgical

Resources,

Inc.

489

84,705

AptarGroup,

Inc.

2,449

297,456

Arch

Resources,

Inc.

685

87,981

Arconic

Corp.

(b)

3,698

110,533

Ashland,

Inc.

1,829

167,097

ATI,

Inc.

(b)

4,785

228,149

Avient

Corp.

3,250

131,722

Axalta

Coating

Systems

Ltd.

(b)

8,349

267,168

Balchem

Corp.

1,211

163,170

Berry

Global

Group,

Inc.

4,483

293,950

Cabot

Corp.

2,087

148,177

Carpenter

Technology

Corp.

1,788

107,030

Chemours

Co.

(The)

5,535

204,684

Commercial

Metals

Co.

4,358

249,365

Eagle

Materials,

Inc.

1,346

248,162

Element

Solutions,

Inc.

8,444

176,986

Graphic

Packaging

Holding

Co.

11,545

279,389

Greif,

Inc.,

Class

A

985

72,860

Greif,

Inc.,

Class

B

238

18,819

HB

Fuller

Co.

2,027

150,059

Hecla

Mining

Co.

21,833

125,758

Huntsman

Corp.

6,326

188,325

Ingevity

Corp.

(b)

1,283

82,138

Innospec

,

Inc.

920

98,569

Livent

Corp.

(b)

6,654

163,821

Louisiana-Pacific

Corp.

2,703

205,779

MP

Materials

Corp.

(a),(b)

3,499

83,451

NewMarket

Corp.

246

111,118

O-I

Glass,

Inc.

(b)

5,960

136,842

Quaker

Chemical

Corp.

(a)

515

103,196

Scotts

Miracle-GRO

Co.

(The)

1,545

108,212

Sealed

Air

Corp.

5,409

246,759

Sensient

Technologies

Corp.

1,550

99,262

Silgan

Holdings,

Inc.

3,122

136,900

Sonoco

Products

Co.

3,681

215,854

Stepan

Co.

801

76,752

Summit

Materials,

Inc.,

Class

A

(b)

4,414

159,698

United

States

Steel

Corp.

8,416

214,608

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Materials

–

5.8%

(continued)

Worthington

Industries,

Inc.

1,176

87,753

6,374,658

Real

Estate

–

5.8%

Agree

Realty

Corp.

(c)

3,494

226,341

Apartment

Income

REIT

Corp.

(c)

5,538

191,283

Apple

Hospitality

REIT,

Inc.

(c)

7,865

121,907

Brixmor

Property

Group,

Inc.

(c)

11,277

256,439

Broadstone

NET

Lease,

Inc.,

Class

A

(c)

7,058

115,045

Corporate

Office

Properties

Trust

(c)

4,299

111,774

Cousins

Properties,

Inc.

(c)

5,779

141,181

Cushman

&

Wakefield

PLC

(a),(b)

6,204

60,985

Douglas

Emmett,

Inc.

(c)

6,265

92,095

EastGroup

Properties,

Inc.

(c)

1,656

293,410

EPR

Properties

(c)

2,777

123,965

Equity

Commonwealth

(c)

4,106

80,437

Essential

Properties

Realty

Trust,

Inc.

(c)

5,585

137,112

First

Industrial

Realty

Trust,

Inc.

(c)

4,971

257,001

Four

Corners

Property

Trust,

Inc.

(c)

3,256

85,633

Highwoods

Properties,

Inc.

(c)

3,876

97,947

Howard

Hughes

Corp.

(The)

(b)

1,301

109,843

Independence

Realty

Trust,

Inc.

(c)

8,309

141,585

Jones

Lang

LaSalle,

Inc.

(b)

1,797

299,290

Kennedy-Wilson

Holdings,

Inc.

4,430

73,095

Kilroy

Realty

Corp.

(c)

4,055

144,763

Kite

Realty

Group

Trust

(c)

8,127

185,946

LXP

Industrial

Trust

(c)

11,021

110,981

Macerich

Co.

(The)

(a)(c)

8,351

106,475

Medical

Properties

Trust,

Inc.

(c)

22,436

226,379

National

Health

Investors,

Inc.

(c)

1,652

90,711

National

Storage

Affiliates

Trust

(c)

3,025

102,215

OMEGA

Healthcare

Investors,

Inc.

(a)(c)

8,793

280,497

Outfront

Media,

Inc.

(c)

5,473

84,613

Park

Hotels

&

Resorts,

Inc.

(c)

7,985

108,836

Phillips

Edison

&

Co.,

Inc.

(a)(c)

4,357

153,846

Physicians

Realty

Trust

(c)

8,947

131,879

PotlatchDeltic

Corp.

(a)(c)

2,957

158,584

Rayonier,

Inc.

(c)

5,485

181,663

Ryman

Hospitality

Properties,

Inc.

(c)

2,221

211,639

Sabra

Health

Care

REIT,

Inc.

(c)

8,545

111,000

SITE

Centers

Corp.

(c)

6,775

95,189

Spirit

Realty

Capital,

Inc.

(c)

5,305

213,951

St.

Joe

Co.

(The)

(a)

1,278

81,127

STAG

Industrial,

Inc.

(c)

6,730

244,299

Sunstone

Hotel

Investors,

Inc.

(c)

7,630

77,750

Terreno

Realty

Corp.

(c)

2,825

167,636

Vornado

Realty

Trust

(a)(c)

6,079

136,656

6,423,003

Utilities

–

2.8%

ALLETE,

Inc.

2,103

120,775

American

States

Water

Co.

1,361

120,326

Avista

Corp.

2,840

109,738

Black

Hills

Corp.

2,509

151,368

California

Water

Service

Group

2,138

113,357

Chesapeake

Utilities

Corp.

667

78,866

Clearway

Energy,

Inc.,

Class

A

1,353

33,378

Clearway

Energy,

Inc.,

Class

C

3,024

79,864

Hawaiian

Electric

Industries,

Inc.

4,132

158,627

IDACORP,

Inc.

1,893

194,638

MGE

Energy,

Inc.

1,345

107,923

National

Fuel

Gas

Co.

3,447

183,070

New

Jersey

Resources

Corp.

3,614

161,546

15

See

Notes

to

Statements

of

Investments

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.7%

(continued)

Utilities

–

2.8%

(continued)

NorthWestern

Corp.

2,216

125,137

ONE

Gas,

Inc.

(a)

2,084

164,907

Ormat

Technologies,

Inc.

(a)

1,959

159,267

Otter

Tail

Corp.

(a)

1,540

124,755

PNM

Resources,

Inc.

3,190

142,976

Portland

General

Electric

Co.

3,621

172,613

SJW

Group

1,043

73,490

Southwest

Gas

Holdings,

Inc.

2,465

162,542

Spire,

Inc.

2,020

128,411

Sunnova

Energy

International,

Inc.

(a),(b)

3,816

67,391

UGI

Corp.

7,841

211,629

3,146,594

Total

Common

Stocks

(cost

$107,195,659)

110,312,699

Investment

Companies

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$250,168)

250,168

250,168

Investment

of

Cash

Collateral

for

Securities

Loaned

–

1.3%

Registered

Investment

Companies

–

1.3%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$1,361,928)

1,361,928

1,361,928

Total

Investments

(cost

$108,807,755)

101.2%

111,924,795

Liabilities,

Less

Cash

and

Receivables

(1.2)%

(1,295,244)

Net

Assets

100.0%

110,629,551

REIT—Real

Estate

Investment

Trust

(a)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$6,666,202

and

the

value

of

the

collateral

was

$6,655,189,

consisting

of

cash

collateral

of

$1,361,928

and

U.S.

Government

&

Agency

securities

valued

at

$5,293,261.

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

July

31,

2023.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

Russell

2000

E-mini

3

9/15/2023

278,817

302,040

23,223

16

STATEMENT

OF

INVESTMENTS

July

31,

2023

(Unaudited)

BNY

Mellon

International

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.2%

Australia

–

6.4%

ANZ

Group

Holdings

Ltd.

88,040

1,527,638

APA

Group

32,409

218,388

Aristocrat

Leisure

Ltd.

19,119

506,702

ASX

Ltd.

5,979

250,238

BHP

Group

Ltd.

134,567

4,172,093

BHP

Group

Ltd.

12,756

398,251

Brambles

Ltd.

40,178

380,930

Cochlear

Ltd.

1,981

319,281

Coles

Group

Ltd.

37,733

462,506

Commonwealth

Bank

of

Australia

49,059

3,494,604

Computershare

Ltd.

16,907

285,731

CSL

Ltd.

13,974

2,528,486

Endeavour

Group

Ltd.

34,042

139,470

Fortescue

Metals

Group

Ltd.

49,626

724,989

Goodman

Group

(a)

47,874

662,618

Insurance

Australia

Group

Ltd.

70,165

280,374

Macquarie

Group

Ltd.

10,683

1,259,851

Mineral

Resources

Ltd.

4,809

231,472

National

Australia

Bank

Ltd.

91,974

1,761,377

Newcrest

Mining

Ltd.

25,778

458,755

Northern

Star

Resources

Ltd.

32,423

251,473

Origin

Energy

Ltd.

50,075

285,803

Pilbara

Minerals

Ltd.

74,431

242,752

QBE

Insurance

Group

Ltd.

42,796

454,776

Ramsay

Health

Care

Ltd.

5,544

220,077

REA

Group

Ltd.

1,238

131,416

Rio

Tinto

Ltd.

11,070

873,286

Santos

Ltd.

95,809

513,905

Scentre

Group

(a)

137,396

260,162

Sonic

Healthcare

Ltd.

12,565

297,612

South32

Ltd.

139,223

364,004

Suncorp

Group

Ltd.

33,901

325,073

Telstra

Group

Ltd.

108,425

311,245

Transurban

Group

86,944

840,141

Wesfarmers

Ltd.

33,154

1,109,222

Westpac

Banking

Corp.

100,074

1,506,495

Wisetech

Global

Ltd.

5,039

291,302

Woodside

Energy

Group

Ltd.

51,364

1,314,896

Woodside

Energy

Group

Ltd.

2,305

59,226

Woolworths

Group

Ltd.

35,393

921,070

30,637,690

Austria

–

0.1%

Erste

Group

Bank

AG

9,975

378,108

OMV

AG

3,687

166,669

Verbund

AG

1,111

92,299

637,076

Belgium

–

0.8%

Ageas

SA/NV

5,489

233,179

Anheuser-Busch

InBev

SA/NV

29,088

1,669,291

D'ieteren

Group

688

120,382

Elia

Group

SA

983

121,278

Groupe

Bruxelles

Lambert

NV

2,491

201,974

KBC

Group

NV

9,969

751,805

Solvay

SA,

Class

A

1,895

227,946

UCB

SA

3,378

299,889

Umicore

SA

5,496

163,125

3,788,869

Canada

–

10.0%

Agnico

Eagle

Mines

Ltd.

14,427

757,712

Alimentation

Couche-Tard,

Inc.

21,486

1,089,767

Bank

of

Montreal

20,948

1,950,213

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Canada

–

10.0%

(continued)

Bank

of

Nova

Scotia

(The)

34,284

1,729,502

Barrick

Gold

Corp.

49,168

850,938

BCE,

Inc.

8,218

355,629

Brookfield

Corp.,

Class

A

40,620

1,420,504

Canadian

Imperial

Bank

of

Commerce

25,912

1,143,376

Canadian

National

Railway

Co.

17,086

2,074,854

Canadian

Natural

Resources

Ltd.

31,164

1,898,607

Canadian

Pacific

Kansas

City

Ltd.

27,015

2,226,878

Cenovus

Energy,

Inc.

39,213

747,170

CGI,

Inc.,

Class

A

(b)

5,801

590,567

Constellation

Software,

Inc.

556

1,176,823

Dollarama,

Inc.

8,438

556,828

Enbridge,

Inc.

59,006

2,173,304

Fairfax

Financial

Holdings

Ltd.

640

511,533

First

Quantum

Minerals

Ltd.

16,521

490,892

Fortis,

Inc.

14,589

623,018

Franco-Nevada

Corp.

5,560

812,805

George

Weston

Ltd.

1,798

207,427

Great-West

Lifeco,

Inc.

8,362

252,655

Hydro

One

Ltd.

(c)

9,545

269,762

Imperial

Oil

Ltd.

5,021

270,991

Intact

Financial

Corp.

5,044

746,531

Loblaw

Cos.

Ltd.

4,089

363,467

Magna

International,

Inc.

7,926

510,696

Manulife

Financial

Corp.

54,435

1,090,147

National

Bank

of

Canada

10,015

785,830

Nutrien

Ltd.

13,904

959,891

Pembina

Pipeline

Corp.

16,717

530,245

Power

Corp.

of

Canada

15,365

436,115

Restaurant

Brands

International,

Inc.

9,061

694,935

Rogers

Communications,

Inc.,

Class

B

11,202

491,399

Royal

Bank

of

Canada

40,582

4,030,606

Shopify,

Inc.,

Class

A

(b)

34,182

2,313,339

Sun

Life

Financial,

Inc.

16,451

867,388

Suncor

Energy,

Inc.

37,748

1,183,273

TC

Energy

Corp.

29,985

1,076,612

Teck

Resources

Ltd.,

Class

B

13,221

588,404

TELUS

Corp.

12,568

224,195

Thomson

Reuters

Corp.

4,021

543,771

Toronto-Dominion

Bank

(The)

53,481

3,533,301

Tourmaline

Oil

Corp.,

Class

Common

Subscription

Receipt

9,416

488,881

Waste

Connections,

Inc.

7,481

1,058,451

Wheaton

Precious

Metals

Corp.

13,311

597,971

WSP

Global,

Inc.

3,480

480,260

47,777,463

Chile

–

0.0%

Antofagasta

PLC

5,850

126,264

China

–

0.1%

Wuxi

Biologics

Cayman,

Inc.

(b)(c)

101,000

571,134

Denmark

–

2.6%

AP

Moller

-

Maersk

A/S,

Class

A

101

203,665

AP

Moller

-

Maersk

A/S,

Class

B

147

303,056

Carlsberg

A/S,

Class

B

2,766

415,966

Coloplast

A/S,

Class

B

3,268

407,285

Danske

Bank

A/S

20,105

478,435

DSV

A/S

5,262

1,056,401

Genmab

A/S

(b)

1,929

795,367

Novo

Nordisk

A/S,

Class

B

46,347

7,488,970

17

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Denmark

–

2.6%

(continued)

Orsted

A/S

(c)

5,245

458,752

Tryg

A/S

8,984

177,971

Vestas

Wind

Systems

A/S

(b)

28,557

767,401

12,553,269

Finland

–

0.9%

Elisa

OYJ

4,116

215,287

Fortum

OYJ

12,066

163,764

Kone

OYJ,

Class

B

11,807

607,149

Neste

OYJ

12,663

467,154

Nokia

OYJ

157,763

622,362

Nordea

Bank

Abp

93,203

1,056,256

Sampo

OYJ,

Class

A

13,293

587,566

Stora

ENSO

OYJ,

Class

A

616

7,980

Stora

ENSO

OYJ,

Class

R

16,781

206,388

UPM-Kymmene

OYJ

16,045

532,481

4,466,387

France

–

10.7%

Aeroports

de

Paris

900

124,632

Air

Liquide

SA

15,276

2,751,395

Airbus

SE

17,925

2,647,870

AXA

SA

55,354

1,707,021

BNP

Paribas

SA

33,227

2,198,794

Bollore

SE

27,071

171,621

Capgemini

SE

4,627

840,981

Carrefour

SA

16,009

321,066

Cie

de

Saint-Gobain

15,075

1,021,854

CIE

Generale

des

Etablissements

Michelin

SCA

19,935

654,324

Credit

Agricole

SA

37,254

463,565

Danone

SA

18,595

1,138,469

Dassault

Aviation

SA

677

131,893

Dassault

Systemes

SE

19,612

840,817

Edenred

7,233

471,147

Engie

SA

53,782

884,240

EssilorLuxottica

SA

8,640

1,742,689

Hermes

International

991

2,203,278

Kering

SA

2,045

1,180,567

Legrand

SA

7,447

748,157

L'Oreal

SA

7,205

3,361,841

LVMH

Moet

Hennessy

Louis

Vuitton

SE

7,585

7,092,513

Orange

SA

55,804

632,739

Pernod

Ricard

SA

5,945

1,314,862

Publicis

Groupe

SA

6,836

553,368

Safran

SA

10,243

1,704,852

Sanofi

33,348

3,569,783

Sartorius

Stedim

Biotech

594

186,323

Schneider

Electric

SE

16,597

2,965,168

Societe

Generale

SA

22,136

603,194

Sodexo

SA

2,460

253,163

Thales

SA

2,870

430,188

TotalEnergies

SE

68,095

4,148,811

Veolia

Environnement

SA

18,630

607,998

Vinci

SA

15,478

1,822,226

51,491,409

Germany

–

6.7%

adidas

AG

5,239

1,062,830

Allianz

SE

11,802

2,828,868

BASF

SE

26,928

1,447,952

Bayer

AG

28,678

1,680,227

Bayerische

Motoren

Werke

AG

8,998

1,099,812

Beiersdorf

AG

2,656

344,962

Daimler

Truck

Holding

AG

14,334

539,704

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Germany

–

6.7%

(continued)

Deutsche

Bank

AG

57,297

636,781

Deutsche

Boerse

AG

5,530

1,062,723

Deutsche

Telekom

AG

99,461

2,175,884

DHL

Group

28,244

1,454,878

E.ON

SE

65,270

827,938

Fresenius

SE

&

Co.

KGaA

11,070

348,214

Hannover

Rueck

SE

1,778

380,598

Henkel

AG

&

Co.

KGaA

2,752

192,794

Infineon

Technologies

AG

37,032

1,633,182

Mercedes-Benz

Group

AG

22,359

1,790,712

Merck

KGaA

3,761

662,640

Muenchener

Rueckversicherungs-Gesellschaft

AG

in

Muenchen

3,866

1,460,315

RWE

AG

18,962

818,072

SAP

SE

31,729

4,351,853

Siemens

AG

21,825

3,729,301

Siemens

Energy

AG

(b)

14,447

245,140

Siemens

Healthineers

AG

(c)

8,403

489,362

Symrise

AG,

Class

A

3,615

396,100

Vonovia

SE

23,953

560,934

32,221,776

Hong

Kong

–

2.2%

AIA

Group

Ltd.

339,200

3,366,469

Budweiser

Brewing

Co.

APAC

Ltd.

(c)

44,700

108,330

CK

Asset

Holdings

Ltd.

53,000

305,820

CK

Hutchison

Holdings

Ltd.

75,000

462,577

CLP

Holdings

Ltd.

50,500

410,867

Galaxy

Entertainment

Group

Ltd.

(b)

63,000

457,230

Hang

Seng

Bank

Ltd.

20,300

308,976

Henderson

Land

Development

Co.

Ltd.

32,000

98,478

Hong

Kong

&

China

Gas

Co.

Ltd.

287,507

245,896

Hong

Kong

Exchanges

&

Clearing

Ltd.

35,000

1,462,167

Jardine

Matheson

Holdings

Ltd.

7,200

355,536

Link

REIT

(a)

70,203

392,932

MTR

Corp.

Ltd.

43,500

199,966

Prudential

PLC

78,075

1,087,430

Sun

Hung

Kai

Properties

Ltd.

45,500

569,136

Techtronic

Industries

Co.

Ltd.

54,500

615,324

Wharf

Real

Estate

Investment

Co.

Ltd.

41,000

219,492

10,666,626

Ireland

–

0.8%

CRH

PLC

21,678

1,294,958

Experian

PLC

27,549

1,066,570

Flutter

Entertainment

PLC

(b)

4,324

862,426

James

Hardie

Industries

PLC,

CDI

(b)

12,816

375,496

Kerry

Group

PLC,

Class

A

4,538

452,104

4,051,554

Israel

–

0.4%

Azrieli

Group

Ltd.

1,383

78,971

Bank

Hapoalim

BM

32,620

290,973

Bank

Leumi

Le-Israel

BM

46,381

371,818

Elbit

Systems

Ltd.

671

143,041

ICL

Group

Ltd.

18,094

120,506

Mizrahi

Tefahot

Bank

Ltd.

3,611

130,891

Nice

Ltd.

(b)

1,849

401,176

Teva

Pharmaceutical

Industries

Ltd.

(b)

31,850

267,326

1,804,702

Italy

–

2.0%

Assicurazioni

Generali

SpA

33,590

717,730

Davide

Campari-Milano

NV

16,486

222,300

ENEL

SpA

224,584

1,553,039

18

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Italy

–

2.0%

(continued)

ENI

SpA

70,356

1,076,994

Ferrari

NV

3,696

1,187,460

FinecoBank

Banca

Fineco

SpA

18,256

284,108

Infrastrutture

Wireless

Italiane

SpA

(c)

11,764

148,057

Intesa

Sanpaolo

SpA

464,993

1,347,828

Moncler

SpA

5,676

411,280

Nexi

SpA

(b)(c)

21,537

186,973

Poste

Italiane

SpA

(c)

11,021

126,312

Prysmian

SpA

7,660

306,150

Recordati

Industria

Chimica

e

Farmaceutica

SpA

2,765

143,129

Snam

SpA

54,611

287,930

Terna

Rete

Elettrica

Nazionale

SpA

41,080

348,210

UniCredit

SpA

56,057

1,421,527

9,769,027

Japan

–

21.8%

Advantest

Corp.

5,100

700,855

AEON

Co.

Ltd.

24,600

532,931

AGC,

Inc.

6,600

238,581

Aisin

Corp.

4,800

155,912

Ajinomoto

Co.,

Inc.

15,500

604,050

ANA

Holdings,

Inc.

(b)

4,800

115,068

Asahi

Group

Holdings

Ltd.

14,200

559,185

Asahi

Kasei

Corp.

43,700

297,854

Astellas

Pharma,

Inc.

50,700

742,408

Bandai

Namco

Holdings,

Inc.

19,800

447,897

Bridgestone

Corp.

18,000

746,579

Canon,

Inc.

30,000

775,549

Capcom

Co.

Ltd.

4,300

193,694

Central

Japan

Railway

Co.

6,300

804,128

Chubu

Electric

Power

Co.,

Inc.

22,300

279,770

Chugai

Pharmaceutical

Co.

Ltd.

18,500

550,911

Dai

Nippon

Printing

Co.

Ltd.

8,300

235,949

Daifuku

Co.

Ltd.

11,300

241,382

Dai-ichi

Life

Holdings,

Inc.

27,300

558,278

Daiichi

Sankyo

Co.

Ltd.

55,900

1,710,285

Daikin

Industries

Ltd.

8,700

1,756,778

Daito

Trust

Construction

Co.

Ltd.

1,900

204,469

Daiwa

House

Industry

Co.

Ltd.

20,100

546,356

Daiwa

Securities

Group,

Inc.

45,400

246,076

Denso

Corp.

14,200

987,544

Dentsu

Group,

Inc.

7,000

234,122

Disco

Corp.

2,500

468,750

East

Japan

Railway

Co.

11,200

634,809

Eisai

Co.

Ltd.

8,800

555,946

ENEOS

Holdings,

Inc.

81,800

296,732

FANUC

Corp.

28,100

859,930

Fast

Retailing

Co.

Ltd.

5,300

1,326,492

Fujifilm

Holdings

Corp.

12,100

702,342

Fujitsu

Ltd.

5,000

646,995

Hamamatsu

Photonics

KK

3,700

178,281

Hankyu

Hanshin

Holdings,

Inc.

7,500

249,208

Hitachi

Ltd.

27,300

1,786,567

Honda

Motor

Co.

Ltd.

48,500

1,540,544

Hoya

Corp.

10,500

1,221,600

Idemitsu

Kosan

Co.

Ltd.

6,000

126,689

INPEX

Corp.

31,100

401,117

Isuzu

Motors

Ltd.

19,500

252,808

ITOCHU

Corp.

42,600

1,724,029

Japan

Airlines

Co.

Ltd.

3,200

69,279

Japan

Exchange

Group,

Inc.

15,400

268,319

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

21.8%

(continued)

Japan

Post

Bank

Co.

Ltd.

37,300

310,571

Japan

Post

Holdings

Co.

Ltd.

63,900

467,287

Japan

Tobacco,

Inc.

31,400

696,820

JFE

Holdings,

Inc.

16,900

273,221

Kajima

Corp.

13,300

210,246

Kansai

Electric

Power

Co.,

Inc.

(The)

24,100

317,194

KAO

Corp.

14,100

536,094

KDDI

Corp.

45,700

1,346,748

Keyence

Corp.

5,600

2,513,063

Kikkoman

Corp.

6,000

345,608

Kintetsu

Group

Holdings

Co.

Ltd.

5,900

198,120

Kirin

Holdings

Co.

Ltd.

25,700

380,309

Kobe

Bussan

Co.

Ltd.

4,100

109,310

Komatsu

Ltd.

28,600

797,934

Konami

Group

Corp.

3,000

168,264

Kose

Corp.

900

88,176

Kubota

Corp.

31,200

470,921

Kyocera

Corp.

9,700

521,867

Kyowa

Kirin

Co.

Ltd.

6,300

120,431

Lasertec

Corp.

2,100

317,409

M3,

Inc.

11,500

264,108

Makita

Corp.

8,400

235,718

Marubeni

Corp.

49,100

868,615

MatsukiyoCocokara

&

Co.

3,900

228,241

MEIJI

Holdings

Co.

Ltd.

7,600

175,878

Minebea

Mitsumi,

Inc.

12,500

231,208

Misumi

Group,

Inc.

8,000

146,087

Mitsubishi

Chemical

Group

Corp.

43,300

258,892

Mitsubishi

Corp.

42,000

2,147,593

Mitsubishi

Electric

Corp.

62,400

900,777

Mitsubishi

Estate

Co.

Ltd.

38,400

469,459

Mitsubishi

HC

Capital,

Inc.

22,800

150,828

Mitsubishi

Heavy

Industries

Ltd.

9,600

454,797

Mitsubishi

UFJ

Financial

Group,

Inc.

345,000

2,782,728

Mitsui

&

Co.

Ltd.

44,600

1,739,362

Mitsui

Fudosan

Co.

Ltd.

28,200

579,263

Mitsui

OSK

Lines

Ltd.

10,200

263,830

Mizuho

Financial

Group,

Inc.

73,460

1,242,946

MonotaRO

Co.

Ltd.

7,600

92,860

MS&AD

Insurance

Group

Holdings,

Inc.

13,000

484,206

Murata

Manufacturing

Co.

Ltd.

18,200

1,066,406

NEC

Corp.

7,300

369,059

Nexon

Co.

Ltd.

12,100

230,835

Nidec

Corp.

15,700

934,066

Nintendo

Co.

Ltd.

34,300

1,557,116

Nippon

Building

Fund,

Inc.

(a)

57

239,105

Nippon

Paint

Holdings

Co.

Ltd.

29,000

265,752

Nippon

Sanso

Holdings

Corp.

6,800

164,257

Nippon

Steel

Corp.

28,000

639,696

Nippon

Telegraph

&

Telephone

Corp.

878,500

1,007,233

Nippon

Yusen

KK

13,800

334,899

Nissan

Chemical

Corp.

4,300

193,119

Nissan

Motor

Co.

Ltd.

67,400

295,539

Nissin

Foods

Holdings

Co.

Ltd.

2,200

185,811

Nitori

Holdings

Co.

Ltd.

2,300

282,563

Nitto

Denko

Corp.

4,400

312,781

Nomura

Holdings,

Inc.

89,100

367,801

Nomura

Research

Institute

Ltd.

11,900

337,619

NTT

Data

Group

Corp.

16,900

234,980

OBIC

Co.

Ltd.

1,700

278,428

Olympus

Corp.

35,200

573,908

Omron

Corp.

6,400

343,333

19

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

21.8%

(continued)

ONO

Pharmaceutical

Co.

Ltd.

12,700

232,538

Oracle

Corp.

Japan

900

63,193

Oriental

Land

Co.

Ltd.

34,300

1,315,702

ORIX

Corp.

32,400

622,779

Osaka

Gas

Co.

Ltd.

12,400

195,321

Otsuka

Corp.

3,100

129,101

Otsuka

Holdings

Co.

Ltd.

16,200

595,756

Pan

Pacific

International

Holdings

Corp.

15,900

314,352

Panasonic

Holdings

Corp.

67,700

838,626

Rakuten

Group,

Inc.

45,000

175,813

Recruit

Holdings

Co.

Ltd.

49,000

1,701,274

Renesas

Electronics

Corp.

(b)

41,000

795,154

Resona

Holdings,

Inc.

65,600

357,549

ROHM

Co.

Ltd.

2,300

215,301

Secom

Co.

Ltd.

6,600

442,834

Sekisui

House

Ltd.

18,400

375,434

Seven

&

i

Holdings

Co.

Ltd.

22,900

949,815

SG

Holdings

Co.

Ltd.

15,400

224,854

Shimadzu

Corp.

7,900

239,702

Shimano,

Inc.

2,200

333,685

Shin-Etsu

Chemical

Co.

Ltd.

58,100

1,913,358

Shionogi

&

Co.

Ltd.

7,700

321,484

Shiseido

Co.

Ltd.

11,200

491,104

SMC

Corp.

1,700

887,211

SoftBank

Corp.

81,800

908,505

SoftBank

Group

Corp.

29,000

1,478,167

Sompo

Holdings,

Inc.

10,400

460,490

Sony

Group

Corp.

36,800

3,448,705

Subaru

Corp.

16,600

313,879

Sumitomo

Corp.

36,500

782,767

Sumitomo

Electric

Industries

Ltd.

22,400

286,937

Sumitomo

Metal

Mining

Co.

Ltd.

7,900

273,231

Sumitomo

Mitsui

Financial

Group,

Inc.

39,900

1,879,861

Sumitomo

Mitsui

Trust

Holdings,

Inc.

10,300

400,676

Sumitomo

Realty

&

Development

Co.

Ltd.

13,200

353,598

Suntory

Beverage

&

Food

Ltd.

3,700

131,797

Suzuki

Motor

Corp.

13,800

553,340

Sysmex

Corp.

4,900

331,943

T&D

Holdings,

Inc.

16,900

274,887

Takeda

Pharmaceutical

Co.

Ltd.

45,200

1,381,005

TDK

Corp.

11,400

436,246

Terumo

Corp.

21,300

697,257

TIS,

Inc.

6,100

154,690

Toho

Co.

Ltd.

3,300

128,674

Tokio

Marine

Holdings,

Inc.

57,700

1,323,510

Tokyo

Electron

Ltd.

13,500

2,018,634

Tokyo

Gas

Co.

Ltd.

11,800

267,842

Tokyu

Corp.

17,400

220,990

TOPPAN,

Inc.

10,100

237,572

Toray

Industries,

Inc.

42,800

239,545

Toshiba

Corp.

11,900

384,355

Toyota

Industries

Corp.

6,200

447,720

Toyota

Motor

Corp.

365,900

6,144,689

Toyota

Tsusho

Corp.

7,100

414,516

Trend

Micro,

Inc.

4,100

193,630

Unicharm

Corp.

12,900

478,212

West

Japan

Railway

Co.

7,500

308,435

Yakult

Honsha

Co.

Ltd.

4,300

239,060

Yamaha

Corp.

4,900

189,682

Yamaha

Motor

Co.

Ltd.

9,900

289,865

Yamato

Holdings

Co.

Ltd.

9,900

185,486

Yaskawa

Electric

Corp.

8,100

351,809

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

21.8%

(continued)

Z

Holdings

Corp.

71,200

198,346

ZOZO,

Inc.

2,100

40,971

104,481,807

Luxembourg

–

0.2%

ArcelorMittal

SA

15,312

444,002

Eurofins

Scientific

SE

3,476

239,835

Tenaris

SA

12,877

214,809

898,646

Macau

–

0.1%

Sands

China

Ltd.

(b)

72,000

274,661

Netherlands

–

4.6%

ABN

AMRO

Bank

NV,

CVA

(c)

12,223

208,346

Adyen

NV

(b)(c)

903

1,682,366

Argenx

SE

(b)

1,614

813,237

Asm

International

NV

1,347

642,691

ASML

Holding

NV

11,692

8,407,504

EXOR

NV

3,184

298,183

Ferrovial

SE

14,234

473,007

Heineken

Holding

NV

2,883

236,968

Heineken

NV

6,690

657,501

ING

Groep

NV

102,500

1,500,788

JDE

Peet's

NV

2,983

90,248

Koninklijke

Ahold

Delhaize

NV

27,415

948,654

Koninklijke

KPN

NV

94,382

342,568

Koninklijke

Philips

NV

(b)

26,147

545,086

Prosus

NV

33,742

2,679,673

Stellantis

NV

63,147

1,298,044

Universal

Music

Group

NV

21,361

549,457

Wolters

Kluwer

NV

7,232

910,588

22,284,909

New

Zealand

–

0.1%

Auckland

International

Airport

Ltd.

(b)

37,080

193,845

Fisher

&

Paykel

Healthcare

Corp.

Ltd.

17,224

263,375

Meridian

Energy

Ltd.

32,982

115,871

573,091

Norway

–

0.7%

Adevinta

ASA,

Class

B

(b)

8,531

63,204

AKER

BP

ASA

8,107

227,027

AutoStore

Holdings

Ltd.

(b)(c)

27,899

69,744

DNB

Bank

ASA

25,312

523,179

Equinor

ASA

30,848

940,397

Gjensidige

Forsikring

ASA

6,905

109,344

Kongsberg

Gruppen

ASA

2,607

113,232

Mowi

ASA

12,030

211,965

Norsk

Hydro

ASA

39,661

260,316

Orkla

ASA

22,543

178,446

Telenor

ASA

17,684

189,662

Var

Energi

ASA

16,105

49,191

Yara

International

ASA

4,425

181,260

3,116,967

Poland

–

0.2%

Allegro.eu

SA

(b)(c)

12,466

110,223

Dino

Polska

SA

(b)(c)

1,401

156,528

Polski

Koncern

Naftowy

ORLEN

SA

15,077

269,828

Powszechna

Kasa

Oszczednosci

Bank

Polski

SA

26,033

264,983

Santander

Bank

Polska

SA

(b)

1,067

106,150

907,712

20

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Portugal

–

0.1%

EDP

-

Energias

de

Portugal

SA

91,448

428,510

Jeronimo

Martins

SGPS

SA

8,052

219,812

648,322

Russia

–

0.0%

Evraz

PLC

(b),(d)

2,845

0

Singapore

–

1.2%

CapitaLand

Ascendas

REIT

(a)

94,596

200,192

CapitaLand

Integrated

Commercial

Trust

(a)

162,254

249,283

CapitaLand

Investment

Ltd.

66,800

171,050

DBS

Group

Holdings

Ltd.

52,163

1,345,914

Genting

Singapore

Ltd.

159,600

112,987

Jardine

Cycle

&

Carriage

Ltd.

2,600

67,125

Keppel

Corp.

Ltd.

38,000

211,207

Oversea-Chinese

Banking

Corp.

Ltd.

113,919

1,141,077

Singapore

Airlines

Ltd.

37,200

210,962

Singapore

Exchange

Ltd.

25,400

185,746

Singapore

Technologies

Engineering

Ltd.

45,300

127,255

Singapore

Telecommunications

Ltd.

212,600

425,904

United

Overseas

Bank

Ltd.

43,300

981,571

Wilmar

International

Ltd.

88,600

257,566

5,687,839

Spain

–

2.3%

Aena

SME

SA

(c)

1,976

316,774

Amadeus

IT

Group

SA

13,099

941,925

Banco

Bilbao

Vizcaya

Argentaria

SA

176,314

1,401,585

Banco

Santander

SA

489,645

1,988,564

CaixaBank

SA

119,023

481,478

Cellnex

Telecom

SA

(c)

16,617

680,443

EDP

Renovaveis

SA

9,107

174,411

Endesa

SA

8,071

173,390

Iberdrola

SA

171,535

2,147,521

Industria

de

Diseno

Textil

SA

32,450

1,245,421

Naturgy

Energy

Group

SA

4,519

138,212

Repsol

SA

38,852

595,423

Telefonica

SA

161,828

691,747

10,976,894

Sweden

–

2.7%

ALFA

Laval

AB

8,334

312,421

ASSA

Abloy

AB,

Class

B

28,751

692,268

Atlas

Copco

AB,

Class

A

71,860

1,023,787

Atlas

Copco

AB,

Class

B

46,594

576,245

Beijer

Ref

AB,

Class

B

(e)

9,953

135,643

Boliden

AB

7,068

208,593

Epiroc

AB,

Class

A

16,909

338,100

Epiroc

AB,

Class

B

12,763

217,180

EQT

AB

8,332

199,349

Essity

AB,

Class

A

1,432

35,570

Essity

AB,

Class

B

16,979

421,587

Evolution

AB

(c)

5,340

659,654

H

&

M

Hennes

&

Mauritz

AB,

Class

B

20,830

350,487

Hexagon

AB,

Class

B

61,840

600,008

Industrivarden

AB,

Class

A

4,430

125,975

Industrivarden

AB,

Class

C

5,839

165,654

Indutrade

AB

8,152

171,380

Investment

AB

Latour,

Class

B

2,740

55,282

Investor

AB,

Class

A

15,156

308,240

Investor

AB,

Class

B

53,996

1,104,586

Lifco

AB,

Class

B

6,860

138,604

Nibe

Industrier

AB,

Class

B

42,214

380,619

Sagax

AB,

Class

B

4,871

108,430

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Sweden

–

2.7%

(continued)

Sagax

AB,

Class

D

2,208

5,558

Sandvik

AB

32,109

653,334

Skandinaviska

Enskilda

Banken

AB,

Class

A

47,265

573,747

Skandinaviska

Enskilda

Banken

AB,

Class

C

130

1,658

SKF

AB,

Class

A

689

13,246

SKF

AB,

Class

B

10,242

195,531

Svenska

Cellulosa

AB

SCA,

Class

A

1,182

15,704

Svenska

Cellulosa

AB

SCA,

Class

B

17,691

235,375

Svenska

Handelsbanken

AB,

Class

A

41,800

367,577

Svenska

Handelsbanken

AB,

Class

B

3,366

36,775

Swedbank

AB,

Class

A

25,382

466,092

Telefonaktiebolaget

LM

Ericsson,

Class

A

467

2,533

Telefonaktiebolaget

LM

Ericsson,

Class

B

91,109

458,601

Telia

Co.

AB

58,020

124,958

Volvo

AB,

Class

A

4,437

100,754

Volvo

AB,

Class

B

47,215

1,042,707

Volvo

Car

AB,

Class

B

(b)

18,986

93,959

12,717,771

Switzerland

–

10.1%

ABB

Ltd.

49,683

1,997,980

Alcon,

Inc.

14,590

1,246,171

Chocoladefabriken

Lindt

&

Spruengli

AG

3

366,153

Chocoladefabriken

Lindt

&

Spruengli

AG,

PC

27

332,030

CIE

Financiere

Richemont

SA,

Class

A

15,166

2,454,623

DSM-Firmenich

AG

6,045

669,823

EMS-Chemie

Holding

AG

202

169,178

Geberit

AG

992

564,634

Givaudan

SA

223

756,067

Glencore

PLC

285,947

1,742,260

Holcim

AG

16,525

1,155,234

Kuehne

+

Nagel

International

AG

1,675

526,354

Lonza

Group

AG

2,167

1,262,927

Nestle

SA

76,699

9,456,756

Novartis

AG

69,753

7,328,149

Partners

Group

Holding

AG

636

717,550

Roche

Holding

AG

20,451

6,384,081

Roche

Holding

AG,

BR

720

240,042

Schindler

Holding

AG

496

115,353

Schindler

Holding

AG,

PC

1,137

277,020

SGS

SA

4,125

401,817

Sika

AG

4,400

1,374,032

Sonova

Holding

AG

1,429

399,761

STMicroelectronics

NV

19,129

1,025,532

Straumann

Holding

AG

3,484

579,360

Swatch

Group

AG

(The)

1,184

71,435

Swatch

Group

AG

(The),

BR

920

295,470

Swiss

Life

Holding

AG

918

585,419

Swiss

RE

AG

8,089

848,232

Swisscom

AG

714

461,586

UBS

Group

AG

107,805

2,397,118

Zurich

Insurance

Group

AG

4,403

2,137,374

48,339,521

United

Kingdom

–

11.4%

3i

Group

PLC

28,240

718,345

Anglo

American

PLC

38,045

1,171,881

Ashtead

Group

PLC

13,176

976,829

Associated

British

Foods

PLC

9,158

241,555

AstraZeneca

PLC

44,965

6,471,591

Aviva

PLC

76,186

380,729

BAE

Systems

PLC

85,998

1,030,591

Barclays

PLC

413,355

824,146

21

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

United

Kingdom

–

11.4%

(continued)

BP

PLC

531,753

3,304,598

British

American

Tobacco

PLC

65,553

2,206,017

BT

Group

PLC,

Class

A

(e)

186,032

292,018

CNH

Industrial

NV

27,047

390,948

Coca-Cola

Europacific

Partners

PLC

5,285

335,016

Compass

Group

PLC

51,830

1,351,751

Diageo

PLC

66,590

2,910,919

GSK

PLC

117,222

2,088,310

Haleon

PLC

151,116

653,881

HSBC

Holdings

PLC

589,094

4,898,695

Imperial

Brands

PLC

26,583

629,166

Legal

&

General

Group

PLC

165,371

496,617

Lloyds

Banking

Group

PLC

1,894,570

1,095,360

London

Stock

Exchange

Group

PLC

11,070

1,205,264

National

Grid

PLC

110,628

1,468,236

NatWest

Group

PLC

149,354

469,464

Reckitt

Benckiser

Group

PLC

21,452

1,611,363

RELX

PLC

57,583

1,941,142

Rentokil

Initial

PLC

74,008

604,664

Rio

Tinto

PLC

30,190

2,000,470

Shell

PLC

206,687

6,292,012

SSE

PLC

29,186

632,944

Standard

Chartered

PLC

67,333

647,504

Tesco

PLC

206,629

685,919

Unilever

PLC

76,607

4,130,929

Vodafone

Group

PLC

802,832

768,837

54,927,711

Total

Common

Stocks

(cost

$441,093,320)

476,399,097

Preferred

Stocks

–

0.3%

Germany

–

0.3%

Bayerische

Motoren

Werke

AG,

8.68%

1,547

174,317

Henkel

AG

&

Co.

KGaA,

2.66%

4,947

382,783

Sartorius

AG,

0.39%

747

309,098

Volkswagen

AG,

23.19%

5,460

725,760

1,591,958

Total

Preferred

Stocks

(cost

$1,599,637)

1,591,958

Investment

Companies

–

0.0%

Registered

Investment

Companies

–

0.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$163,047)

163,047

163,047

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$669,796)

669,796

669,796

Total

Investments

(cost

$443,525,800)

99.7%

478,823,898

Cash

and

Receivables

(Net)

0.3%

1,318,769

Net

Assets

100.0%

480,142,667

BR—Bearer

Shares

CDI—CREST

Depositary

Interest

CVA—Dutch

Certificates

PC—Participation

Certificate

REIT—Real

Estate

Investment

Trust

22

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

(a)

Investment

in

a

real

estate

investment

trust.

(b)

Non-income

producing

security.

(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

July

31,

2023,

these

securities

were

valued

at

$6,242,760

or

1.30%

of

net

assets.

(d)

The

fund

held

Level

3

securities

at

July

31,

2023.

These

securities

were

valued

at

$0

or

0.00%

of

net

assets.

(e)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$423,571

and

the

value

of

the

collateral

was

$1,120,311,

consisting

of

cash

collateral

of

$669,796

and

U.S.

Government

&

Agency

securities

valued

at

$450,515.

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

July

31,

2023.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

MSCI

EAFE

Index

10

9/15/2023

1,064,277

1,102,900

38,623

S&P/TSX

60

Index

1

9/14/2023

182,138

*

188,414

6,276

Gross

Unrealized

Appreciation

44,899

*

Notional

amounts

in

foreign

currency

have

been

converted

to

USD

using

relevant

foreign

exchange

rates.

23

STATEMENT

OF

INVESTMENTS

July

31,

2023

(Unaudited)

BNY

Mellon

Emerging

Markets

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

96.9%

Brazil

–

3.3%

Ambev

SA

67,925

211,469

B3

SA

-

Brasil

Bolsa

Balcao

87,413

274,162

Banco

Bradesco

SA

16,280

50,821

Banco

BTG

Pactual

SA

17,626

125,756

Banco

do

Brasil

SA

21,280

215,750

BB

Seguridade

Participacoes

SA

9,696

63,471

Centrais

Eletricas

Brasileiras

SA

18,934

153,715

CPFL

Energia

SA

2,724

20,586

Energisa

S/A

3,914

41,279

Itausa

SA

13,988

29,228

JBS

S/A

10,205

40,266

Localiza

Rent

A

Car

SA

13,303

187,840

Petroleo

Brasileiro

SA

56,648

414,525

Raia

Drogasil

SA

16,940

103,626

Rede

D'Or

Sao

Luiz

SA

(a)

12,557

94,949

Rumo

SA

17,080

83,478

Suzano

SA

11,755

118,809

Telefonica

Brasil

SA

6,190

55,029

Vale

SA

54,191

790,016

WEG

SA

21,900

183,825

3,258,600

Chile

–

0.4%

Banco

de

Chile

652,952

72,645

Banco

de

Credito

e

Inversiones

SA

1,149

34,490

Banco

Santander

Chile

943,504

50,339

Cencosud

SA

19,828

42,584

Cia

SUD

Americana

de

Vapores

SA

232,263

17,568

Empresas

COPEC

SA

5,383

41,262

Enel

Americas

SA

(b)

291,210

39,337

Falabella

SA

11,162

30,847

Latam

Airlines

Group

SA

(b)

1,250,860

11,965

Quinenco

SA

3,225

11,217

352,254

China

–

27.9%

360

Security

Technology,

Inc.,

Class

A

(b)

9,300

15,446

37

Interactive

Entertainment

Network

Technology

Group

Co.

Ltd.,

Class

A

2,700

10,155

AECC

Aviation

Power

Co.

Ltd.,

Class

A

3,400

19,239

Agricultural

Bank

of

China

Ltd.,

Class

A

197,300

99,937

Agricultural

Bank

of

China

Ltd.,

Class

H

505,000

183,255

Alibaba

Group

Holding

Ltd.

(b)

230,180

2,877,730

Aluminum

Corp.

of

China

Ltd.,

Class

A

16,400

14,618

Aluminum

Corp.

of

China

Ltd.,

Class

H

58,000

28,633

Anhui

Conch

Cement

Co.

Ltd.,

Class

A

4,100

15,570

Anhui

Conch

Cement

Co.

Ltd.,

Class

H

16,500

49,614

Anhui

Gujing

Distillery

Co.

Ltd.,

Class

A

500

19,037

Anhui

Gujing

Distillery

Co.

Ltd.,

Class

B

1,600

29,894

Anhui

Yingjia

Distillery

Co.

Ltd.,

Class

A

700

6,837

Anjoy

Foods

Group

Co.

Ltd.,

Class

A

300

6,473

ANTA

Sports

Products

Ltd.

18,600

217,752

Asymchem

Laboratories

Tianjin

Co.

Ltd.,

Class

A

340

5,928

Asymchem

Laboratories

Tianjin

Co.

Ltd.,

Class

H

(a)

340

4,316

Avary

Holding

Shenzhen

Co.

Ltd.,

Class

A

2,900

9,946

Baidu,

Inc.,

Class

A

(b)

33,950

665,618

Bank

of

Beijing

Co.

Ltd.,

Class

A

23,100

15,095

Bank

of

Chengdu

Co.

Ltd.,

Class

A

3,800

7,518

Bank

of

China

Ltd.,

Class

A

88,900

48,637

Bank

of

China

Ltd.,

Class

H

1,183,000

438,390

Bank

of

Communications

Co.

Ltd.,

Class

A

40,400

32,900

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

Bank

of

Communications

Co.

Ltd.,

Class

H

329,000

198,277

Bank

of

Hangzhou

Co.

Ltd.,

Class

A

7,200

12,351

Bank

of

Jiangsu

Co.

Ltd.,

Class

A

16,100

16,265

Bank

of

Nanjing

Co.

Ltd.,

Class

A

13,600

16,308

Bank

of

Ningbo

Co.

Ltd.,

Class

A

7,300

29,744

Bank

of

Shanghai

Co.

Ltd.,

Class

A

17,200

14,849

Baoshan

Iron

&

Steel

Co.

Ltd.,

Class

A

30,700

27,578

Beijing

Kingsoft

Office

Software,

Inc.,

Class

A

498

28,291

Beijing

New

Building

Materials

PLC,

Class

A

2,700

10,703

Beijing

Shiji

Information

Technology

Co.

Ltd.,

Class

A

(b)

3,290

6,408

Beijing

Tongrentang

Co.

Ltd.,

Class

A

2,000

14,281

Beijing

Wantai

Biological

Pharmacy

Enterprise

Co.

Ltd.,

Class

A

866

8,391

Beijing

Yanjing

Brewery

Co.

Ltd.,

Class

A

3,200

5,064

Bilibili,

Inc.,

Class

Z

(b)

3,700

67,845

Bloomage

Biotechnology

Corp.

Ltd.,

Class

A

336

4,580

BOE

Technology

Group

Co.

Ltd.,

Class

A

46,600

27,581

BOE

Technology

Group

Co.

Ltd.,

Class

B

5,800

2,358

BYD

Co.

Ltd.,

Class

A

2,400

91,342

BYD

Co.

Ltd.,

Class

H

13,000

459,410

BYD

Electronic

International

Co.

Ltd.

11,000

42,174

Cambricon

Technologies

Corp.

Ltd.,

Class

A

(b)

460

10,556

CGN

Power

Co.

Ltd.,

Class

A

14,100

6,136

CGN

Power

Co.

Ltd.,

Class

H

(a)

184,000

45,064

Changchun

High

&

New

Technology

Industry

Group,

Inc.,

Class

A

500

10,509

China

CITIC

Bank

Corp.

Ltd.,

Class

H

135,000

65,088

China

Coal

Energy

Co.

Ltd.,

Class

A

5,100

5,994

China

Coal

Energy

Co.

Ltd.,

Class

H

32,000

23,101

China

Construction

Bank

Corp.,

Class

A

13,200

11,377

China

Construction

Bank

Corp.,

Class

H

1,464,000

850,388

China

CSSC

Holdings

Ltd.,

Class

A

5,400

25,222

China

Eastern

Airlines

Corp.

Ltd.,

Class

A

(b)

20,300

13,890

China

Eastern

Airlines

Corp.

Ltd.,

Class

H

(b)

32,000

12,433

China

Energy

Engineering

Corp.

Ltd.,

Class

A

43,800

15,015

China

Energy

Engineering

Corp.

Ltd.,

Class

H

76,000

9,745

China

Everbright

Bank

Co.

Ltd.,

Class

A

49,700

21,697

China

Everbright

Bank

Co.

Ltd.,

Class

H

65,000

19,337

China

Feihe

Ltd.

(a)

57,000

34,717

China

Galaxy

Securities

Co.

Ltd.,

Class

A

3,200

6,085

China

Galaxy

Securities

Co.

Ltd.,

Class

H

59,500

34,638

China

Greatwall

Technology

Group

Co.

Ltd.,

Class

A

3,600

6,171

China

Hongqiao

Group

Ltd.

31,000

29,773

China

International

Capital

Corp.

Ltd.,

Class

A

3,200

17,870

China

International

Capital

Corp.

Ltd.,

Class

H

(a)

18,400

40,487

China

Jushi

Co.

Ltd.,

Class

A

3,800

7,891

China

Life

Insurance

Co.

Ltd.,

Class

H

111,000

193,571

China

Longyuan

Power

Group

Corp.

Ltd.,

Class

H

50,000

48,021

China

Merchants

Bank

Co.

Ltd.,

Class

A

27,000

134,344

China

Merchants

Bank

Co.

Ltd.,

Class

H

47,500

234,190

China

Merchants

Energy

Shipping

Co.

Ltd.,

Class

A

10,500

9,388

China

Merchants

Expressway

Network

&

Technology

Holdings

Co.

Ltd.,

Class

A

4,100

5,266

China

Merchants

Securities

Co.

Ltd.,

Class

A

9,900

20,723

China

Merchants

Securities

Co.

Ltd.,

Class

H

(a)

7,200

7,275

China

Merchants

Shekou

Industrial

Zone

Holdings

Co.

Ltd.,

Class

A

9,000

17,945

24

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

China

Minsheng

Banking

Corp.

Ltd.,

Class

A

45,500

25,593

China

Minsheng

Banking

Corp.

Ltd.,

Class

H

100,000

38,083

China

National

Nuclear

Power

Co.

Ltd.,

Class

A

22,400

22,912

China

National

Software

&

Service

Co.

Ltd.,

Class

A

990

7,210

China

Northern

Rare

Earth

Group

High-Tech

Co.

Ltd.,

Class

A

3,800

13,123

China

Oilfield

Services

Ltd.,

Class

A

3,000

6,376

China

Oilfield

Services

Ltd.,

Class

H

24,000

28,312

China

Pacific

Insurance

Group

Co.

Ltd.,

Class

A

8,700

36,398

China

Pacific

Insurance

Group

Co.

Ltd.,

Class

H

34,800

93,262

China

Petroleum

&

Chemical

Corp.,

Class

A

45,900

39,820

China

Petroleum

&

Chemical

Corp.,

Class

H

372,000

207,496

China

Railway

Group

Ltd.,

Class

A

24,300

27,303

China

Railway

Group

Ltd.,

Class

H

67,000

43,901

China

Railway

Signal

&

Communication

Corp.

Ltd.,

Class

A

19,574

16,433

China

Railway

Signal

&

Communication

Corp.

Ltd.,

Class

H

(a)

10,000

3,654

China

Resources

Microelectronics

Ltd.,

Class

A

1,675

13,441

China

Resources

Mixc

Lifestyle

Services

Ltd.

(a)

9,000

43,276

China

Resources

Pharmaceutical

Group

Ltd.

(a)

28,000

21,722

China

Resources

Sanjiu

Medical

&

Pharmaceutical

Co.

Ltd.,

Class

A

1,000

7,012

China

Shenhua

Energy

Co.

Ltd.,

Class

A

9,300

36,931

China

Shenhua

Energy

Co.

Ltd.,

Class

H

52,000

155,359

China

Southern

Airlines

Co.

Ltd.,

Class

A

(b)

11,700

11,443

China

Southern

Airlines

Co.

Ltd.,

Class

H

(b)

36,000

22,481

China

Three

Gorges

Renewables

Group

Co.

Ltd.,

Class

A

33,700

25,416

China

Tourism

Group

Duty

Free

Corp.

Ltd.,

Class

A

2,300

40,476

China

Tourism

Group

Duty

Free

Corp.

Ltd.,

Class

H

(a)

1,200

19,126

China

Tower

Corp.

Ltd.,

Class

H

(a)

690,000

77,859

China

Vanke

Co.

Ltd.,

Class

A

10,500

22,405

China

Vanke

Co.

Ltd.,

Class

H

35,300

49,700

China

Yangtze

Power

Co.

Ltd.,

Class

A

30,000

90,083

China

Zhenhua

Group

Science

&

Technology

Co.

Ltd.,

Class

A

600

7,501

China

Zheshang

Bank

Co.

Ltd.,

Class

A

16,800

6,535

China

Zheshang

Bank

Co.

Ltd.,

Class

H

31,000

9,103

Chongqing

Brewery

Co.

Ltd.,

Class

A

700

8,902

Chongqing

Changan

Automobile

Co.

Ltd.,

Class

A

10,486

23,520

Chongqing

Changan

Automobile

Co.

Ltd.,

Class

B

13,750

7,052

Chongqing

Rural

Commercial

Bank

Co.

Ltd.,

Class

A

8,500

4,674

Chongqing

Rural

Commercial

Bank

Co.

Ltd.,

Class

H

40,000

14,772

CITIC

Ltd.

97,000

108,957

CITIC

Pacific

Special

Steel

Group

Co.

Ltd.,

Class

A

6,500

15,225

CITIC

Securities

Co.

Ltd.,

Class

A

15,435

52,049

CITIC

Securities

Co.

Ltd.,

Class

H

21,500

46,095

CMOC

Group

Ltd.,

Class

A

13,600

11,741

CMOC

Group

Ltd.,

Class

H

69,000

46,008

CNPC

Capital

Co.

Ltd.,

Class

A

11,900

12,322

COSCO

Shipping

Energy

Transportation

Co.

Ltd.,

Class

A

3,700

7,600

COSCO

Shipping

Energy

Transportation

Co.

Ltd.,

Class

H

18,000

19,896

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

COSCO

Shipping

Holdings

Co.

Ltd.,

Class

H

52,000

54,876

Country

Garden

Holdings

Co.

Ltd.

(b)

169,000

34,239

CSC

Financial

Co.

Ltd.,

Class

A

3,600

13,399

CSPC

Pharmaceutical

Group

Ltd.

123,760

102,992

Dali

Foods

Group

Co.

Ltd.

(a)

36,000

16,757

Daqin

Railway

Co.

Ltd.,

Class

A

17,700

17,733

Datang

International

Power

Generation

Co.

Ltd.,

Class

A

(b)

9,400

4,117

Datang

International

Power

Generation

Co.

Ltd.,

Class

H

42,000

7,486

Dongfang

Electric

Corp.

Ltd.,

Class

A

3,300

8,884

Dongfang

Electric

Corp.

Ltd.,

Class

H

4,800

6,401

Eastroc

Beverage

Group

Co.

Ltd.,

Class

A

100

2,568

Ecovacs

Robotics

Co.

Ltd.,

Class

A

700

7,742

ENN

Energy

Holdings

Ltd.

11,200

134,638

ENN

Natural

Gas

Co.

Ltd.,

Class

A

3,800

9,783

Everbright

Securities

Co.

Ltd.,

Class

A

4,000

10,265

Everbright

Securities

Co.

Ltd.,

Class

H

(a)

7,800

6,011

Flat

Glass

Group

Co.

Ltd.,

Class

A

1,100

5,395

Flat

Glass

Group

Co.

Ltd.,

Class

H

6,000

17,811

Focus

Media

Information

Technology

Co.

Ltd.,

Class

A

20,300

21,161

Foshan

Haitian

Flavouring

&

Food

Co.

Ltd.,

Class

A

6,382

41,346

Fosun

International

Ltd.

34,500

25,083

Foxconn

Industrial

Internet

Co.

Ltd.,

Class

A

17,800

55,616

Full

Truck

Alliance

Co.

Ltd.,

ADR

(b)(c)

9,626

72,099

Fuyao

Glass

Industry

Group

Co.

Ltd.,

Class

A

300

1,590

Fuyao

Glass

Industry

Group

Co.

Ltd.,

Class

H

(a)

11,600

51,465

Ganfeng

Lithium

Co.

Ltd.,

Class

A

1,000

8,372

Ganfeng

Lithium

Co.

Ltd.,

Class

H

(a)

6,760

43,254

G-bits

Network

Technology

Xiamen

Co.

Ltd.,

Class

A

100

6,034

GD

Power

Development

Co.

Ltd.,

Class

A

20,400

10,533

Gemdale

Corp.,

Class

A

7,600

9,177

Genscript

Biotech

Corp.

(b)

16,000

40,950

GF

Securities

Co.

Ltd.,

Class

A

5,100

11,689

GF

Securities

Co.

Ltd.,

Class

H

18,800

29,989

GigaDevice

Semiconductor

Beijing,

Inc.,

Class

A

780

12,527

GoerTek,

Inc.,

Class

A

3,600

9,017

Goldwind

Science

&

Technology

Co.

Ltd.,

Class

A

3,200

5,015

Goldwind

Science

&

Technology

Co.

Ltd.,

Class

H

15,000

10,271

Gongniu

Group

Co.

Ltd.,

Class

A

400

5,681

Gotion

High-tech

Co.

Ltd.,

Class

A

(b)

3,100

11,946

Great

Wall

Motor

Co.

Ltd.,

Class

A

3,400

14,063

Great

Wall

Motor

Co.

Ltd.,

Class

H

35,000

47,393

Gree

Electric

Appliances

Inc.

of

Zhuhai,

Class

A

6,900

37,422

Greenland

Holdings

Corp.

Ltd.,

Class

A

(b)

16,500

7,480

Guangdong

Haid

Group

Co.

Ltd.,

Class

A

1,600

11,274

Guanghui

Energy

Co.

Ltd.,

Class

A

7,200

7,173

Guangxi

Guiguan

Electric

Power

Co.

Ltd.,

Class

A

3,800

2,951

Guangzhou

Automobile

Group

Co.

Ltd.,

Class

A

7,200

11,787

Guangzhou

Automobile

Group

Co.

Ltd.,

Class

H

42,000

26,281

Guangzhou

Baiyun

International

Airport

Co.

Ltd.,

Class

A

(b)

3,100

6,238

Guangzhou

Baiyunshan

Pharmaceutical

Holdings

Co.

Ltd.,

Class

A

2,200

9,808

25

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

Guangzhou

Baiyunshan

Pharmaceutical

Holdings

Co.

Ltd.,

Class

H

2,000

5,988

Guangzhou

Kingmed

Diagnostics

Group

Co.

Ltd.,

Class

A

500

5,037

Guangzhou

Shiyuan

Electronic

Technology

Co.

Ltd.,

Class

A

800

6,912

Guangzhou

Tinci

Materials

Technology

Co.

Ltd.,

Class

A

2,500

12,880

Guosen

Securities

Co.

Ltd.,

Class

A

9,900

13,423

Guotai

Junan

Securities

Co.

Ltd.,

Class

A

11,900

25,942

Guotai

Junan

Securities

Co.

Ltd.,

Class

H

(a)

6,800

8,475

H

World

Group

Ltd.

(b)

20,700

98,076

Haidilao

International

Holding

Ltd.

(a)

19,000

53,233

Haier

Smart

Home

Co.

Ltd.,

Class

A

7,000

24,193

Haier

Smart

Home

Co.

Ltd.,

Class

H

34,800

113,565

Hainan

Airlines

Holding

Co.

Ltd.,

Class

A

(b)

54,200

12,665

Hainan

Airport

Infrastructure

Co.

Ltd.,

Class

A

(b)

14,500

8,643

Haitong

Securities

Co.

Ltd.,

Class

A

13,400

19,406

Haitong

Securities

Co.

Ltd.,

Class

H

41,600

29,018

Hangzhou

First

Applied

Material

Co.

Ltd.,

Class

A

2,428

11,877

Hangzhou

Oxygen

Plant

Group

Co.

Ltd.,

Class

A

1,000

4,770

Hangzhou

Silan

Microelectronics

Co.

Ltd.,

Class

A

900

3,857

Hansoh

Pharmaceutical

Group

Co.

Ltd.

(a)

16,000

25,850

Henan

Shuanghui

Investment

&

Development

Co.

Ltd.,

Class

A

3,600

12,714

Hengli

Petrochemical

Co.

Ltd.,

Class

A

(b)

6,200

13,499

Hengtong

Optic-electric

Co.

Ltd.,

Class

A

2,800

6,022

Hongta

Securities

Co.

Ltd.,

Class

A

4,300

4,898

Hoshine

Silicon

Industry

Co.

Ltd.,

Class

A

700

7,050

Hoyuan

Green

Energy

Co.

Ltd.,

Class

A

279

1,980

Hua

Hong

Semiconductor

Ltd.

(a),(b)

8,000

27,081

Huadian

Power

International

Corp.

Ltd.,

Class

A

10,000

7,948

Huadian

Power

International

Corp.

Ltd.,

Class

H

24,000

10,617

Huadong

Medicine

Co.

Ltd.,

Class

A

1,800

10,938

Hualan

Biological

Engineering,

Inc.,

Class

A

2,600

8,378

Huaneng

Lancang

River

Hydropower,

Inc.,

Class

A

10,200

10,019

Huaneng

Power

International,

Inc.,

Class

A

(b)

13,300

16,004

Huaneng

Power

International,

Inc.,

Class

H

(b)

54,000

29,913

Huatai

Securities

Co.

Ltd.,

Class

A

9,800

23,256

Huatai

Securities

Co.

Ltd.,

Class

H

(a)

21,800

30,972

Huaxia

Bank

Co.

Ltd.,

Class

A

15,100

12,255

Huayu

Automotive

Systems

Co.

Ltd.,

Class

A

3,400

9,386

Huizhou

Desay

Sv

Automaotive

Co.

Ltd.,

Class

A

1,000

21,765

Humanwell

Healthcare

Group

Co.

Ltd.,

Class

A

2,000

6,327

Hundsun

Technologies,

Inc.,

Class

A

2,200

12,658

Iflytek

Co.

Ltd.,

Class

A

3,100

27,275

Industrial

&

Commercial

Bank

of

China

Ltd.,

Class

A

122,800

81,961

Industrial

&

Commercial

Bank

of

China

Ltd.,

Class

H

1,071,000

521,856

Industrial

Bank

Co.

Ltd.,

Class

A

25,100

58,511

Industrial

Securities

Co.

Ltd.,

Class

A

13,000

12,678

Inner

Mongolia

BaoTou

Steel

Union

Co.

Ltd.,

Class

A

(b)

44,500

11,768

Inner

Mongolia

Yili

Industrial

Group

Co.

Ltd.,

Class

A

7,600

30,478

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

Innovent

Biologics,

Inc.

(a),(b)

17,500

77,641

Inspur

Electronic

Information

Industry

Co.

Ltd.,

Class

A

1,900

12,152

JA

Solar

Technology

Co.

Ltd.,

Class

A

3,976

18,498

JD

Health

International,

Inc.

(a),(b)

16,850

121,643

JD

Logistics,

Inc.

(a),(b)

27,800

46,911

JD.com,

Inc.,

Class

A

36,666

751,308

Jiangsu

Changjiang

Electronics

Technology

Co.

Ltd.,

Class

A

2,100

9,694

Jiangsu

Eastern

Shenghong

Co.

Ltd.,

Class

A

6,200

10,896

Jiangsu

Expressway

Co.

Ltd.,

Class

H

18,000

16,457

Jiangsu

Hengli

Hydraulic

Co.

Ltd.,

Class

A

1,944

19,509

Jiangsu

Hengrui

Medicine

Co.

Ltd.,

Class

A

7,840

48,904

Jiangsu

King's

Luck

Brewery

JSC

Ltd.,

Class

A

1,700

14,546

Jiangsu

Pacific

Quartz

Co.

Ltd.,

Class

A

400

5,749

Jiangsu

Yanghe

Brewery

Joint-Stock

Co.

Ltd.,

Class

A

2,100

43,089

Jiangsu

Zhongtian

Technology

Co.

Ltd.,

Class

A

3,700

8,149

Jiangxi

Copper

Co.

Ltd.,

Class

A

3,500

9,790

Jiangxi

Copper

Co.

Ltd.,

Class

H

17,000

28,425

Jinduicheng

Molybdenum

Co.

Ltd.,

Class

A

3,300

5,315

Jinko

Solar

Co.

Ltd.

5,470

9,514

Juneyao

Airlines

Co.

Ltd.,

Class

A

(b)

3,000

7,644

KE

Holdings,

Inc.,

Class

A

(b)

30,700

181,081

Kingdee

International

Software

Group

Co.

Ltd.

(b)

41,000

71,289

Kingnet

Network

Co.

Ltd.,

Class

A

(b)

2,500

5,247

Kingsoft

Corp.

Ltd.

14,400

61,579

Kuaishou

Technology

(a),(b)

29,500

254,196

Kuang-Chi

Technologies

Co.

Ltd.,

Class

A

3,200

6,716

Kweichow

Moutai

Co.

Ltd.,

Class

A

1,600

421,020

LB

Group

Co.

Ltd.,

Class

A

3,600

9,571

Lenovo

Group

Ltd.

110,000

126,098

Levima

Advanced

Materials

Corp.,

Class

A

1,300

4,444

Li

Auto,

Inc.,

Class

A

(b)

17,000

361,637

Li

Ning

Co.

Ltd.

35,000

210,933

Lingyi

iTech

Guangdong

Co,

Class

A

7,600

6,540

Longfor

Group

Holdings

Ltd.

(a)

27,000

71,839

LONGi

Green

Energy

Technology

Co.

Ltd.,

Class

A

9,336

38,994

Luxshare

Precision

Industry

Co.

Ltd.,

Class

A

9,100

41,153

Luzhou

Laojiao

Co.

Ltd.,

Class

A

1,800

60,727

Meituan,

Class

B

(a),(b)

71,470

1,340,744

Metallurgical

Corp.

of

China

Ltd.,

Class

A

24,000

14,071

Metallurgical

Corp.

of

China

Ltd.,

Class

H

37,000

9,299

Ming

Yang

Smart

Energy

Group

Ltd.,

Class

A

2,600

6,559

Miniso

Group

Holding

Ltd.

7,200

37,437

Montage

Technology

Co.

Ltd.,

Class

A

1,140

9,239

Muyuan

Foods

Co.

Ltd.,

Class

A

6,820

42,418

NARI

Technology

Co.

Ltd.,

Class

A

9,444

32,137

NAURA

Technology

Group

Co.

Ltd.,

Class

A

600

23,829

NetEase,

Inc.

27,500

597,696

New

China

Life

Insurance

Co.

Ltd.,

Class

A

3,400

21,608

New

China

Life

Insurance

Co.

Ltd.,

Class

H

13,100

37,795

New

Hope

Liuhe

Co.

Ltd.,

Class

A

(b)

6,200

10,853

New

Oriental

Education

&

Technology

Group,

Inc.

(b)

22,600

132,870

Ninestar

Corp.,

Class

A

1,700

7,969

Ningbo

Deye

Technology

Co.

Ltd.,

Class

A

440

7,709

Ningbo

Tuopu

Group

Co.

Ltd.,

Class

A

1,200

12,328

Ningbo

Zhoushan

Port

Co.

Ltd.,

Class

A

16,300

8,119

26

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

Ningxia

Baofeng

Energy

Group

Co.

Ltd.,

Class

A

7,200

14,266

NIO,

Inc.,

Class

A

(b)

21,350

318,113

Nongfu

Spring

Co.

Ltd.,

Class

H

(a)

26,200

152,187

Oppein

Home

Group,

Inc.,

Class

A

600

9,027

Orient

Securities

Co.

Ltd.,

Class

A

6,792

10,264

Orient

Securities

Co.

Ltd.,

Class

H

(a)

14,800

9,242

People's

Insurance

Co.

Group

of

China

Ltd.

(The),

Class

H

135,000

51,759

Perfect

World

Co.

Ltd.,

Class

A

2,500

5,251

PetroChina

Co.

Ltd.,

Class

H

322,000

234,934

Picc

Property

&

Casualty

Co.

Ltd.,

Class

H

106,000

123,687

Ping

An

Bank

Co.

Ltd.,

Class

A

22,300

38,442

Ping

An

Insurance

Group

Co.

of

China

Ltd.,

Class

A

13,500

99,360

Ping

An

Insurance

Group

Co.

of

China

Ltd.,

Class

H

93,000

670,785

Poly

Developments

and

Holdings

Group

Co.

Ltd.,

Class

A

13,300

26,482

Postal

Savings

Bank

of

China

Co.

Ltd.,

Class

A

47,700

34,640

Postal

Savings

Bank

of

China

Co.

Ltd.,

Class

H

(a)

120,000

73,551

Power

Construction

Corp.

of

China

Ltd.,

Class

A

19,700

16,539

Pylon

Technologies

Co.

Ltd.,

Class

A

213

5,282

Qi

An

Xin

Technology

Group,

Inc.,

Class

A

(b)

909

6,449

Qingdao

Port

International

Co.

Ltd.,

Class

H

(a)

11,000

5,825

Quinghai

Salt

Lake

Industry

Co.

Ltd.,

Class

A

(b)

6,900

19,309

Rongsheng

Petro

Chemical

Co.

Ltd.,

Class

A

13,300

23,653

SAIC

Motor

Corp.

Ltd.,

Class

A

13,900

30,127

Sanan

Optoelectronics

Co.

Ltd.,

Class

A

6,000

14,247

Sany

Heavy

Industry

Co.

Ltd.,

Class

A

10,400

25,830

Satellite

Chemical

Co.

Ltd.,

Class

A

3,642

8,210

SDIC

Capital

Co.

Ltd.,

Class

A

7,100

7,828

Seres

Group

Co.

Ltd.,

Class

A

(b)

2,200

13,911

SF

Holding

Co.

Ltd.,

Class

A

5,700

39,679

Shaanxi

Coal

Industry

Co.

Ltd.,

Class

A

10,900

24,769

Shandong

Gold

Mining

Co.

Ltd.,

Class

A

3,400

11,603

Shandong

Gold

Mining

Co.

Ltd.,

Class

H

(a)

12,400

24,709

Shandong

Hualu

Hengsheng

Chemical

Co.

Ltd.,

Class

A

3,100

14,670

Shandong

Nanshan

Aluminum

Co.

Ltd.,

Class

A

19,400

8,795

Shandong

Weigao

Group

Medical

Polymer

Co.

Ltd.,

Class

H

36,400

46,861

Shanghai

Aiko

Solar

Energy

Co.

Ltd.,

Class

A

1,700

6,128

Shanghai

Bairun

Investment

Holding

Group

Co.

Ltd.,

Class

A

(b)

1,200

6,209

Shanghai

Baosight

Software

Co.

Ltd.,

Class

A

2,328

15,642

Shanghai

Baosight

Software

Co.

Ltd.,

Class

B

8,820

22,756

Shanghai

Electric

Group

Co.

Ltd.,

Class

A

(b)

13,500

9,010

Shanghai

Electric

Group

Co.

Ltd.,

Class

H

(b)

60,000

14,618

Shanghai

Fosun

Pharmaceutical

Group

Co.

Ltd.,

Class

A

(b)

3,000

13,307

Shanghai

Fosun

Pharmaceutical

Group

Co.

Ltd.,

Class

H

8,000

21,029

Shanghai

Fudan

Microelectronics

Group

Co.

Ltd.,

Class

A

799

6,208

Shanghai

Fudan

Microelectronics

Group

Co.

Ltd.,

Class

H

3,000

7,982

Shanghai

International

Airport

Co.

Ltd.,

Class

A

(b)

3,300

21,887

Shanghai

International

Port

Group

Co.

Ltd.,

Class

A

24,000

18,201

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

Shanghai

Jinjiang

International

Hotels

Co.

Ltd.,

Class

A

1,100

7,659

Shanghai

Jinjiang

International

Hotels

Co.

Ltd.,

Class

B

3,100

6,116

Shanghai

Junshi

Biosciences

Co.

Ltd.,

Class

A

(b)

864

4,920

Shanghai

Junshi

Biosciences

Co.

Ltd.,

Class

H

(a),(b)

3,400

10,834

Shanghai

M&G

Stationery,

Inc.,

Class

A

1,100

6,888

Shanghai

Pharmaceuticals

Holding

Co.

Ltd.,

Class

A

3,400

9,567

Shanghai

Pharmaceuticals

Holding

Co.

Ltd.,

Class

H

13,100

23,718

Shanghai

Pudong

Development

Bank

Co.

Ltd.,

Class

A

31,100

33,072

Shanghai

Putailai

New

Energy

Technology

Co.

Ltd.,

Class

A

2,330

12,842

Shanghai

RAAS

Blood

Products

Co.

Ltd.,

Class

A

8,500

8,480

Shanghai

Rural

Commercial

Bank

Co.

Ltd.,

Class

A

4,400

3,632

Shanxi

Coking

Coal

Energy

Group

Co.

Ltd.,

Class

A

6,600

8,385

Shanxi

Lu'an

Environmental

Energy

Development

Co.

Ltd.,

Class

A

3,400

7,774

Shanxi

Xinghuacun

Fen

Wine

Factory

Co.

Ltd.,

Class

A

1,660

55,462

Shede

Spirits

Co.

Ltd.,

Class

A

400

8,631

Shengyi

Technology

Co.

Ltd.,

Class

A

3,100

6,910

Shennan

Circuits

Co.

Ltd.,

Class

A

600

6,425

Shenwan

Hongyuan

Group

Co.

Ltd.,

Class

A

30,300

21,368

Shenwan

Hongyuan

Group

Co.

Ltd.,

Class

H

(a)

27,200

5,790

Shenzhen

Overseas

Chinese

Town

Co.

Ltd.,

Class

A

(b)

10,900

7,489

Shenzhen

Salubris

Pharmaceuticals

Co.

Ltd.,

Class

A

1,200

5,392

Shenzhen

Transsion

Holdings

Co.

Ltd.,

Class

A

832

14,288

Shenzhou

International

Group

Holdings

Ltd.

11,800

124,148

Shijiazhuang

Yiling

Pharmaceutical

Co.

Ltd.,

Class

A

2,100

7,331

Sichuan

Chuantou

Energy

Co.

Ltd.,

Class

A

6,300

12,747

Sichuan

Kelun

Pharmaceutical

Co.

Ltd.,

Class

A

1,800

6,956

Sichuan

Road

and

Bridge

Group

Co.

Ltd.,

Class

A

9,160

12,663

Silergy

Corp.

4,600

48,303

Skshu

Paint

Co.

Ltd.,

Class

A

(b)

600

6,869

Smoore

International

Holdings

Ltd.

(a)

29,000

32,314

Spring

Airlines

Co.

Ltd.,

Class

A

(b)

1,100

9,412

StarPower

Semiconductor

Ltd.,

Class

A

100

3,064

Sunny

Optical

Technology

Group

Co.

Ltd.

10,600

102,688

Suzhou

Dongshan

Precision

Manufacturing

Co.

Ltd.,

Class

A

2,200

6,914

TBEA

Co.

Ltd.,

Class

A

5,720

13,110

TCL

Technology

Group

Corp.,

Class

A

(b)

18,300

10,985

Tencent

Holdings

Ltd.

90,500

4,112,634

Tencent

Music

Entertainment

Group,

Class

A

(b)

19,200

66,719

Tianjin

Zhonghuan

Semiconductor

Co.

Ltd.,

Class

A

4,550

18,520

Tianqi

Lithium

Corp.,

Class

A

1,900

17,693

Tingyi

Cayman

Islands

Holding

Corp.

32,000

49,403

Tongwei

Co.

Ltd.,

Class

A

5,000

24,347

Topchoice

Medical

Corp.,

Class

A

(b)

400

6,453

Topsports

International

Holdings

Ltd.

(a)

42,000

38,506

Trip.com

Group

Ltd.

(b)

8,050

321,434

27

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

Tsingtao

Brewery

Co.

Ltd.,

Class

A

900

12,424

Tsingtao

Brewery

Co.

Ltd.,

Class

H

8,000

71,704

Unigroup

Guoxin

Microelectronics

Co.

Ltd.,

Class

A

979

12,778

Unisplendour

Corp.

Ltd.,

Class

A

3,500

13,360

Verisilicon

Microelectronics

Shanghai

Co.

Ltd.,

Class

A

(b)

718

6,922

Vipshop

Holdings

Ltd.,

ADR

(b)

5,066

95,393

Wanhua

Chemical

Group

Co.

Ltd.,

Class

A

3,800

51,980

Weichai

Power

Co.

Ltd.,

Class

A

15,200

28,074

Weichai

Power

Co.

Ltd.,

Class

H

23,000

33,916

Western

Superconducting

Technologies

Co.

Ltd.,

Class

A

784

5,804

Will

Semiconductor

Ltd.,

Class

A

1,640

23,544

Wingtech

Technology

Co.

Ltd.,

Class

A

1,800

11,707

Wuliangye

Yibin

Co.

Ltd.,

Class

A

4,500

113,968

WUS

Printed

Circuit

Kunshan

Co.

Ltd.,

Class

A

2,300

7,058

Wuxi

AppTec

Co.

Ltd.,

Class

A

1,640

16,446

Wuxi

AppTec

Co.

Ltd.,

Class

H

(a)

7,600

71,676

XCMG

Construction

Machinery

Co.

Ltd.,

Class

A

14,100

13,949

Xinjiang

Daqo

New

Energy

Co.

Ltd.,

Class

A

1,254

7,233

Xinyi

Solar

Holdings

Ltd.

66,266

71,375

XPeng,

Inc.,

Class

A

(b)

17,000

189,102

Yadea

Group

Holdings

Ltd.

(a)

22,000

49,819

Yankuang

Energy

Group

Co.

Ltd.,

Class

A

5,100

12,659

Yankuang

Energy

Group

Co.

Ltd.,

Class

H

36,000

54,009

YongXing

Special

Materials

Technology

Co.

Ltd.,

Class

A

630

4,774

Yonyou

Network

Technology

Co.

Ltd.,

Class

A

3,500

9,241

YTO

Express

Group

Co.

Ltd.,

Class

A

3,600

7,919

Yum

China

Holdings,

Inc.

6,400

390,528

Yunnan

Aluminium

Co.

Ltd.,

Class

A

4,500

9,344

Yunnan

Baiyao

Group

Co.

Ltd.,

Class

A

2,180

16,420

Yunnan

Energy

New

Material

Co.

Ltd.,

Class

A

(b)

1,000

13,503

Zhangzhou

Pientzehuang

Pharmaceutical

Co.

Ltd.,

Class

A

700

28,402

Zhejiang

Century

Huatong

Group

Co.

Ltd.,

Class

A

(b)

9,000

6,662

Zhejiang

China

Commodities

City

Group

Co.

Ltd.,

Class

A

6,500

7,740

Zhejiang

Chint

Electrics

Co.

Ltd.,

Class

A

3,200

12,676

Zhejiang

Dahua

Technology

Co.

Ltd.,

Class

A

4,000

12,285

Zhejiang

Huayou

Cobalt

Co.

Ltd.,

Class

A

1,750

12,324

Zhejiang

Juhua

Co.

Ltd.,

Class

A

3,200

6,681

Zhejiang

NHU

Co.

Ltd.,

Class

A

2,780

6,418

Zhejiang

Sanhua

Intelligent

Controls

Co.

Ltd.,

Class

A

4,200

16,367

Zhejiang

Supcon

Technology

Co.

Ltd.,

Class

A

674

5,111

Zhejiang

Supor

Co.

Ltd.,

Class

A

700

4,898

Zhejiang

Zheneng

Electric

Power

Co.

Ltd.,

Class

A

(b)

14,500

9,779

Zheshang

Securities

Co.

Ltd.,

Class

A

5,600

8,510

Zhongjin

Gold

Corp.

Ltd.,

Class

A

5,000

7,444

Zhongsheng

Group

Holdings

Ltd.

9,500

33,195

Zhongtai

Securities

Co.

Ltd.,

Class

A

9,900

10,694

Zhuzhou

CRRC

Times

Electric

Co.

Ltd.,

Class

A

5,271

33,189

Zhuzhou

CRRC

Times

Electric

Co.

Ltd.,

Class

H

800

3,180

Zijin

Mining

Group

Co.

Ltd.,

Class

A

27,300

49,697

Zijin

Mining

Group

Co.

Ltd.,

Class

H

82,000

140,475

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

China

–

27.9%

(continued)

Zoomlion

Heavy

Industry

Science

and

Technology

Co.

Ltd.,

Class

A

7,200

6,941

Zoomlion

Heavy

Industry

Science

and

Technology

Co.

Ltd.,

Class

H

27,000

14,714

ZTE

Corp.,

Class

A

4,200

23,008

ZTE

Corp.,

Class

H

13,000

47,341

ZTO

Express

Cayman,

Inc.

6,300

173,360

27,558,018

Colombia

–

0.1%

Bancolombia

SA

4,031

34,881

Ecopetrol

SA

73,214

43,311

Grupo

Nutresa

SA

1,729

22,888

Interconexion

Electrica

SA

ESP

6,431

28,454

129,534

Czech

Republic

–

0.1%

CEZ

AS

(c)

2,538

112,707

Egypt

–

0.1%

Commercial

International

Bank

Egypt

SAE

37,145

60,657

Greece

–

0.3%

Eurobank

Ergasias

Services

and

Holdings

SA

(b)

39,259

68,715

Hellenic

Telecommunications

Organization

SA

3,059

48,398

Mytilineos

SA

1,501

62,655

National

Bank

of

Greece

SA

(b)

7,696

53,117

OPAP

SA

2,875

50,749

Public

Power

Corp.

SA

(b)

3,020

35,828

319,462

Hong

Kong

–

1.6%

Alibaba

Health

Information

Technology

Ltd.

(b)

64,000

45,300

BOC

Hong

Kong

Holdings

Ltd.

53,000

161,065

Bosideng

International

Holdings

Ltd.

52,000

23,737

C&D

International

Investment

Group

Ltd.

9,000

24,466

China

Gas

Holdings

Ltd.

46,000

51,257

China

Mengniu

Dairy

Co.

Ltd.

46,000

173,709

China

Merchants

Port

Holdings

Co.

Ltd.

20,000

27,441

China

Overseas

Land

&

Investment

Ltd.

55,000

129,483

China

Resources

Beer

Holdings

Co.

Ltd.

24,000

153,718

China

Resources

Gas

Group

Ltd.

13,700

47,255

China

Resources

Land

Ltd.

44,000

203,675

China

Resources

Power

Holdings

Co.

Ltd.

24,000

51,886

Chow

Tai

Fook

Jewellery

Group

Ltd.

34,400

59,725

GCL

Technology

Holdings

Ltd.

273,000

59,160

Geely

Automobile

Holdings

Ltd.

76,000

109,731

Guangdong

Investment

Ltd.

46,000

39,755

Kunlun

Energy

Co.

Ltd.

60,000

48,854

Orient

Overseas

International

Ltd.

(c)

2,000

33,313

Sino

Biopharmaceutical

Ltd.

132,500

59,805

Want

Want

China

Holdings

Ltd.

72,000

50,131

Xinyi

Glass

Holdings

Ltd.

40,000

66,062

1,619,528

Hungary

–

0.2%

MOL

Hungarian

Oil

&

Gas

PLC

(c)

7,112

56,317

OTP

Bank

NYRT

3,436

125,373

181,690

India

–

15.7%

ABB

India

Ltd.

775

42,899

Adani

Enterprises

Ltd.

4,139

125,415

Adani

Green

Energy

Ltd.

(b)

5,239

69,640

Adani

Ports

&

Special

Economic

Zone

Ltd.

11,235

106,253

28

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

India

–

15.7%

(continued)

Adani

Power

Ltd.

(b)

11,685

38,828

Adani

Total

Gas

Ltd.

3,750

30,260

Adani

Transmission

Ltd.

(b)

3,919

39,105

Adani

Wilmar

Ltd.

(b)

2,203

11,033

Ambuja

Cements

Ltd.

10,697

60,216

Apollo

Hospitals

Enterprise

Ltd.

1,453

91,394

Asian

Paints

Ltd.

6,780

278,405

Avenue

Supermarts

Ltd.

(a),(b)

2,295

104,715

Axis

Bank

Ltd.

34,231

397,002

Bajaj

Auto

Ltd.

1,016

60,916

Bajaj

Finance

Ltd.

4,018

356,633

Bajaj

Finserv

Ltd.

5,832

113,330

Bajaj

Holdings

&

Investment

Ltd.

406

37,237

Bank

of

Baroda

15,785

38,806

Berger

Paints

India

Ltd.

2,984

24,758

Bharat

Electronics

Ltd.

54,313

86,308

Bharat

Petroleum

Corp.

Ltd.

13,066

59,970

Bharti

Airtel

Ltd.

36,689

396,961

Britannia

Industries

Ltd.

1,774

103,399

Canara

Bank

7,158

29,968

Cholamandalam

Investment

and

Finance

Co.

Ltd.

5,991

82,462

Cipla

Ltd.

8,104

115,773

Coal

India

Ltd.

31,123

86,748

Dabur

India

Ltd.

8,848

61,921

Divi's

Laboratories

Ltd.

1,909

85,513

DLF

Ltd.

10,007

63,115

Dr.

Reddy's

Laboratories

Ltd.

1,761

120,766

Eicher

Motors

Ltd.

2,098

85,847

Gail

India

Ltd.

38,843

56,246

Godrej

Consumer

Products

Ltd.

(b)

5,928

74,665

Grasim

Industries

Ltd.

5,709

128,373

Havells

India

Ltd.

3,719

60,321

HCL

Technologies

Ltd.

15,765

214,043

HDFC

Bank

Ltd.

80,329

1,612,660

HDFC

Life

Insurance

Co.

Ltd.

(a)

13,693

107,689

Hindalco

Industries

Ltd.

21,216

119,327

Hindustan

Aeronautics

Ltd.

1,223

58,906

Hindustan

Unilever

Ltd.

13,520

420,943

ICICI

Bank

Ltd.

77,623

942,155

ICICI

Lombard

General

Insurance

Co.

Ltd.

(a)

3,436

57,880

ICICI

Prudential

Life

Insurance

Co.

Ltd.

(a)

5,515

38,857

Indian

Oil

Corp.

Ltd.

56,740

64,674

Indusind

Bank

Ltd.

8,767

151,120

Infosys

Ltd.

54,061

891,083

InterGlobe

Aviation

Ltd.

(a),(b)

1,475

46,500

ITC

Ltd.

44,954

254,534

Jindal

Steel

&

Power

Ltd.

5,858

47,630

Jio

Financial

Services

Ltd.

(b)

51,860

159,429

JSW

Steel

Ltd.

14,168

140,692

Kotak

Mahindra

Bank

Ltd.

16,117

363,799

Larsen

&

Toubro

Ltd.

10,325

336,600

LTImindtree

Ltd.

(a)

1,401

83,323

Mahindra

&

Mahindra

Ltd.

14,300

256,482

Marico

Ltd.

7,497

51,094

Maruti

Suzuki

India

Ltd.

1,999

238,687

Nestle

India

Ltd.

544

149,169

NTPC

Ltd.

71,934

190,967

Oil

&

Natural

Gas

Corp.

Ltd.

59,031

127,071

Pidilite

Industries

Ltd.

2,231

70,931

Power

Grid

Corp.

of

India

Ltd.

52,379

169,430

Reliance

Industries

Ltd.

51,860

1,607,369

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

India

–

15.7%

(continued)

SBI

Cards

&

Payment

Services

Ltd.

3,871

40,257

SBI

Life

Insurance

Co.

Ltd.

(a)

6,807

106,112

Shree

Cement

Ltd.

133

38,984

Siemens

Ltd.

1,345

65,133

SRF

Ltd.

2,241

59,140

State

Bank

of

India

26,888

202,750

Sun

Pharmaceutical

Industries

Ltd.

16,133

224,277

Tata

Consultancy

Services

Ltd.

15,375

639,582

Tata

Consumer

Products

Ltd.

8,734

91,249

Tata

Motors

Ltd.

27,353

214,271

Tata

Motors

Ltd.,

Class

A

5,911

29,775

Tata

Power

Co.

Ltd.

(The)

25,027

72,024

Tata

Steel

Ltd.

122,038

182,726

Tech

Mahindra

Ltd.

9,544

129,441

Titan

Co.

Ltd.

6,401

233,790

UltraTech

Cement

Ltd.

1,738

175,771

United

Spirits

Ltd.

(b)

4,522

55,851

Varun

Beverages

Ltd.

7,083

69,272

Vedanta

Ltd.

16,406

55,053

Wipro

Ltd.

23,661

116,523

15,500,226

Indonesia

–

2.2%

Adaro

Energy

Indonesia

Tbk

PT

214,200

34,232

Astra

International

Tbk

PT

308,900

140,316

Bank

Central

Asia

Tbk

PT

835,300

505,445

Bank

Mandiri

(Persero)

Tbk

PT

674,900

256,220

Bank

Negara

Indonesia

(Persero)

Tbk

PT

111,300

65,503

Bank

Rakyat

Indonesia

(Persero)

Tbk

PT

1,076,900

403,480

Barito

Pacific

Tbk

PT

434,648

22,338

Bayan

Resources

Tbk

PT

113,300

149,138

Chandra

Asri

Petrochemical

Tbk

PT

352,600

49,570

Charoen

Pokphand

Indonesia

Tbk

PT

(b)

104,200

35,758

Goto

Gojek

Tokopedia

Tbk

PT

(b)

14,727,600

110,359

Indofood

CBP

Sukses

Makmur

Tbk

PT

31,000

23,024

Kalbe

Farma

Tbk

PT

306,100

38,872

Merdeka

Copper

Gold

Tbk

PT

(b)

186,600

43,433

Sumber

Alfaria

Trijaya

Tbk

PT

281,200

50,348

Telekomunikasi

Indonesia

(Persero)

Tbk

PT

715,800

176,577

Trimegah

Bangun

Persada

Tbk

PT

136,200

8,490

Unilever

Indonesia

Tbk

PT

88,300

22,543

United

Tractors

Tbk

PT

22,400

40,886

Vale

Indonesia

Tbk

PT

30,500

13,905

2,190,437

Ireland

–

0.7%

PDD

Holdings,

Inc.,

ADR

(b)

8,145

731,584

Kuwait

–

0.9%

Agility

Public

Warehousing

Co.

KSCP

(b)

24,402

50,059

Boubyan

Bank

KSCP

18,105

36,552

Kuwait

Finance

House

KSCP

129,814

333,517

Mobile

Telecommunications

Co.

KSCP

29,996

50,889

National

Bank

of

Kuwait

SAKP

121,012

379,074

850,091

Malaysia

–

1.5%

Axiata

Group

BHD

68,900

40,799

Celcomdigi

BHD

51,000

49,993

CIMB

Group

Holdings

BHD

111,429

137,155

Genting

BHD

30,300

28,963

Genting

Malaysia

BHD

57,300

33,041

Hong

Leong

Bank

BHD

10,000

43,424

Hong

Leong

Financial

Group

BHD

5,400

21,916

29

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

Malaysia

–

1.5%

(continued)

IHH

Healthcare

BHD

46,400

61,229

IOI

Corp.

BHD

50,400

46,611

Kuala

Lumpur

Kepong

BHD

8,700

44,995

Malayan

Banking

BHD

104,999

210,045

Maxis

BHD

35,500

31,807

MISC

BHD

20,300

32,370

Mr

DIY

Group

M

BHD

(a)

55,750

18,175

Nestle

Malaysia

BHD

1,000

29,696

Petronas

Chemicals

Group

BHD

44,800

69,053

Petronas

Dagangan

BHD

6,400

32,589

Petronas

Gas

BHD

10,900

41,289

PPB

Group

BHD

10,500

38,889

Press

Metal

Aluminium

Holdings

BHD

53,800

60,136

Public

Bank

BHD

224,400

207,529

RHB

Bank

BHD

58,117

73,339

Sime

Darby

Plantation

BHD

50,700

51,161

Telekom

Malaysia

BHD

27,200

30,705

Tenaga

Nasional

BHD

40,500

86,227

1,521,136

Mexico

–

2.0%

Arca

Continental

SAB

de

CV

6,807

68,472

Becle

SAB

de

CV

6,543

17,150

Cemex

SAB

de

CV

(b)

225,606

172,353

El

Puerto

de

Liverpool

SAB

de

CV,

Series

C

3,034

19,031

Fomento

Economico

Mexicano

SAB

de

CV

27,992

317,955

GMexico

Transportes

SAB

de

CV

(a)

6,666

15,964

Grupo

Aeroportuario

del

Pacifico

SAB

de

CV,

Class

B

5,695

108,632

Grupo

Aeroportuario

del

Sureste

SAB

de

CV,

Class

B

2,795

79,500

Grupo

Bimbo

SAB

de

CV,

Series

A

20,378

106,182

Grupo

Carso

SAB

de

CV,

Series

A

6,916

55,150

Grupo

Elektra

SAB

de

CV

814

61,450

Grupo

Financiero

Banorte

SAB

de

CV,

Class

O

37,032

352,040

Grupo

Financiero

Inbursa

SAB

de

CV,

Class

O

(b)

29,360

71,684

Grupo

Mexico

SAB

de

CV,

Series

B

48,110

250,912

Wal-Mart

de

Mexico

SAB

de

CV

76,208

318,246

2,014,721

Peru

–

0.2%

Credicorp

Ltd.

1,027

161,290

Philippines

–

0.7%

Aboitiz

Equity

Ventures,

Inc.

35,050

34,332

Aboitiz

Power

Corp.

19,100

12,536

ACEN

Corp.

(b)

4,770

453

Ayala

Corp.

3,770

42,213

Ayala

Land,

Inc.

88,000

43,900

Bank

of

The

Philippine

Islands

33,002

68,798

BDO

Unibank,

Inc.

31,464

83,121

Emperador,

Inc.

33,400

12,740

International

Container

Terminal

Services,

Inc.

11,790

46,581

JG

Summit

Holdings,

Inc.

44,422

34,818

Manila

Electric

Co.

4,440

28,778

Metropolitan

Bank

&

Trust

Co.

26,710

29,178

PLDT,

Inc.

1,270

30,290

San

Miguel

Food

and

Beverage,

Inc.

10,800

10,018

SM

Investments

Corp.

7,535

125,115

SM

Prime

Holdings,

Inc.

170,400

103,621

Universal

Robina

Corp.

13,560

30,268

736,760

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

Qatar

–

0.8%

Commercial

Bank

PSQC

(The)

47,760

82,006

Industries

Qatar

QSC

30,564

111,928

Masraf

Al

Rayan

QSC

97,317

67,106

Mesaieed

Petrochemical

Holding

Co.

69,811

37,399

Ooredoo

QPSC

10,990

34,510

Qatar

Islamic

Bank

SAQ

23,832

138,474

Qatar

National

Bank

QPSC

68,061

317,493

788,916

Russia

–

0.0%

Alrosa

PJSC

(b),(d)

11,270

0

Gazprom

PJSC

(b),(d)

67,050

0

LUKOIL

PJSC

(d)

2,071

0

Magnitogorsk

Iron

&

Steel

Works

PJSC

(b),(d)

5,210

0

MMC

Norilsk

Nickel

PJSC

(b),(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

(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.

1,994

98,010

Al

Rajhi

Bank

29,235

581,333

Alinma

Bank

14,609

144,081

Almarai

Co.

JSC

4,050

74,380

Arabian

Internet

&

Communications

Services

Co.

443

43,100

Bank

Albilad

7,370

85,947

Banque

Saudi

Fransi

8,919

101,277

Dr.

Sulaiman

Al

Habib

Medical

Services

Group

Co.

1,266

97,525

Elm

Co.

376

68,172

Etihad

Etisalat

Co.

6,127

76,514

Riyad

Bank

22,299

189,015

SABIC

Agri-Nutrients

Co.

3,472

133,453

Sahara

International

Petrochemical

Co.

4,849

48,857

Saudi

Arabian

Mining

Co.

(b)

18,177

215,124

Saudi

Arabian

Oil

Co.

(a)

36,657

316,581

Saudi

Awwal

Bank

5,615

57,024

Saudi

Basic

Industries

Corp.

13,533

309,142

Saudi

Electricity

Co.

13,191

78,901

Saudi

National

Bank

(The)

44,078

452,929

Saudi

Telecom

Co.

27,338

308,970

3,480,335

Singapore

–

0.0%

BOC

Aviation

Ltd.

(a)

3,000

25,081

South

Africa

–

2.8%

ABSA

Group

Ltd.

13,035

138,862

Anglo

American

Platinum

Ltd.

816

40,857

AngloGold

Ashanti

Ltd.

6,291

139,590

Bid

Corp.

Ltd.

5,114

121,813

Capitec

Bank

Holdings

Ltd.

1,435

144,713

FirstRand

Ltd.

85,121

348,406

30

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

South

Africa

–

2.8%

(continued)

Gold

Fields

Ltd.

13,504

208,751

Impala

Platinum

Holdings

Ltd.

12,373

89,751

Kumba

Iron

Ore

Ltd.

912

25,057

MTN

Group

Ltd.

13,095

103,125

Naspers

Ltd.,

Class

N

3,262

644,579

Nedbank

Group

Ltd.

7,115

94,020

Sanlam

Ltd.

27,429

101,441

Sasol

Ltd.

8,766

122,481

Shoprite

Holdings

Ltd.

7,376

107,174

Sibanye

Stillwater

Ltd.

45,865

87,223

Standard

Bank

Group

Ltd.

20,002

214,824

Vodacom

Group

Ltd.

12,260

81,328

2,813,995

South

Korea

–

12.3%

Amorepacific

Corp.

410

36,251

Celltrion

Healthcare

Co.

Ltd.

1,634

84,350

Celltrion,

Inc.

1,593

183,214

Doosan

Enerbility

Co.

Ltd.

(b)

6,138

84,222

Ecopro

BM

Co.

Ltd.

811

266,590

Ecopro

Co.

Ltd.

295

279,343

Hana

Financial

Group,

Inc.

4,344

133,934

Hanwha

Solutions

Corp.

(b)

1,613

47,897

HD

Hyundai

Heavy

Industries

Co.

Ltd.

(b)

307

33,647

HMM

Co.

Ltd.

5,262

72,202

HYBE

Co.

Ltd.

(b)

275

56,633

Hyundai

Glovis

Co.

Ltd.

336

45,946

Hyundai

Mobis

Co.

Ltd.

976

178,408

Hyundai

Motor

Co.

2,187

336,290

Industrial

Bank

of

Korea

5,073

41,351

Kakao

Corp.

4,711

189,601

KakaoBank

Corp.

4,659

95,033

Kakaopay

Corp.

(b)

390

15,359

KB

Financial

Group,

Inc.

5,635

225,462

KIA

Corp.

4,081

264,778

Korea

Electric

Power

Corp.

(b)

3,670

55,310

Korea

Zinc

Co.

Ltd.

199

77,124

Korean

Air

Lines

Co.

Ltd.

2,555

49,310

Krafton,

Inc.

(b)

539

72,648

KT

Corp.

2,183

50,522

KT&G

Corp.

1,628

105,498

L&F

Co.

Ltd.

355

71,716

LG

Chem

Ltd.

706

358,913

LG

Corp.

2,038

133,506

LG

Electronics,

Inc.

1,637

139,215

LG

Energy

Solution

(b)

634

278,539

LG

H&H

Co.

Ltd.

103

34,585

LG

Innotek

Co.

Ltd.

206

42,666

Meritz

Financial

Group,

Inc.

1,611

62,183

NAVER

Corp.

2,328

414,589

NCSoft

Corp.

220

47,723

POSCO

Future

M

Co.

Ltd.

469

193,907

POSCO

Holdings,

Inc.

1,123

565,619

Samsung

Biologics

Co.

Ltd.

(a),(b)

300

180,285

Samsung

C&T

Corp.

1,307

105,922

Samsung

Electro-Mechanics

Co.

Ltd.

923

105,287

Samsung

Electronics

Co.

Ltd.

77,083

4,221,075

Samsung

Fire

&

Marine

Insurance

Co.

Ltd.

504

96,478

Samsung

Life

Insurance

Co.

Ltd.

1,404

76,883

Samsung

SDI

Co.

Ltd.

825

430,412

Samsung

SDS

Co.

Ltd.

627

63,111

Shinhan

Financial

Group

Co.

Ltd.

7,369

202,631

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

South

Korea

–

12.3%

(continued)

SK

Holdings

Co.

Ltd.

579

69,408

SK

Hynix,

Inc.

8,112

785,330

SK

Innovation

Co.

Ltd.

(b)

788

133,533

SK

Square

Co.

Ltd.

(b)

1,644

57,266

SK

Telecom

Co.

Ltd.

1,310

47,378

S-Oil

Corp.

665

39,076

Woori

Financial

Group,

Inc.

9,928

90,740

12,128,899

Taiwan

–

13.9%

Accton

Technology

Corp.

8,000

97,243

Advantech

Co.

Ltd.

6,928

86,307

Airtac

International

Group

2,046

60,677

ASE

Technology

Holding

Co.

Ltd.

53,000

193,101

Asia

Cement

Corp.

37,000

47,447

Asustek

Computer,

Inc.

10,000

115,826

AUO

Corp.

99,600

65,604

Catcher

Technology

Co.

Ltd.

10,000

55,208

Cathay

Financial

Holding

Co.

Ltd.

142,836

207,937

Chailease

Holding

Co.

Ltd.

24,026

159,019

Chang

Hwa

Commercial

Bank

Ltd.

83,185

49,895

China

Development

Financial

Holding

Corp.

(b)

252,000

100,635

China

Steel

Corp.

188,000

167,203

Chunghwa

Telecom

Co.

Ltd.

59,000

217,778

CTBC

Financial

Holding

Co.

Ltd.

302,000

252,255

Delta

Electronics,

Inc.

29,000

337,279

E

Ink

Holdings,

Inc.

14,000

100,234

E.Sun

Financial

Holding

Co.

Ltd.

242,714

199,645

Eclat

Textile

Co.

Ltd.

3,000

51,740

Ememory

Technology,

Inc.

1,000

59,027

Eva

Airways

Corp.

37,000

43,268

Evergreen

Marine

Corp.

Taiwan

Ltd.

11,600

38,388

Far

Eastern

New

Century

Corp.

57,000

53,869

Far

EasTone

Telecommunications

Co.

Ltd.

26,000

58,740

Feng

TAY

Enterprise

Co.

Ltd.

7,600

51,269

First

Financial

Holding

Co.

Ltd.

160,659

148,510

Formosa

Chemicals

&

Fibre

Corp.

61,000

126,944

Formosa

Petrochemical

Corp.

26,000

66,352

Formosa

Plastics

Corp.

66,000

174,732

Fubon

Financial

Holding

Co.

Ltd.

120,891

251,964

Global

Unichip

Corp.

1,000

52,026

Globalwafers

Co.

Ltd.

3,000

49,067

Hon

Hai

Precision

Industry

Co.

Ltd.

184,000

635,260

Hotai

Motor

Co.

Ltd.

6,000

144,719

Hua

Nan

Financial

Holdings

Co.

Ltd.

151,139

107,007

Largan

Precision

Co.

Ltd.

1,152

79,729

Lite-On

Technology

Corp.

35,000

167,613

MediaTek,

Inc.

25,000

548,900

Mega

Financial

Holding

Co.

Ltd.

169,425

216,994

Momo.com,

Inc.

1,000

19,060

Nan

Ya

Plastics

Corp.

87,000

193,785

Nan

Ya

Printed

Circuit

Board

Corp.

2,000

15,783

Nanya

Technology

Corp.

20,000

46,012

Novatek

Microelectronics

Corp.

9,000

121,426

Pegatron

Corp.

34,000

82,656

President

Chain

Store

Corp.

7,000

62,145

Quanta

Computer,

Inc.

41,000

311,155

Realtek

Semiconductor

Corp.

7,000

95,890

Shanghai

Commercial

&

Savings

Bank

Ltd.

(The)

70,686

99,079

Shin

Kong

Financial

Holding

Co.

Ltd.

(b)

230,000

70,479

SinoPac

Financial

Holdings

Co.

Ltd.

175,583

104,199

31

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

Taiwan

–

13.9%

(continued)

Taishin

Financial

Holding

Co.

Ltd.

201,216

116,850

Taiwan

Cement

Corp.

99,117

117,642

Taiwan

Cooperative

Financial

Holding

Co.

Ltd.

146,642

137,186

Taiwan

High

Speed

Rail

Corp.

34,000

32,619

Taiwan

Mobile

Co.

Ltd.

26,000

78,100

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

285,000

5,123,860

Unimicron

Technology

Corp.

21,000

123,288

Uni-President

Enterprises

Corp.

70,000

167,725

United

Microelectronics

Corp.

174,000

260,226

Vanguard

International

Semiconductor

Corp.

11,000

27,057

Voltronic

Power

Technology

Corp.

1,000

55,685

Walsin

Lihwa

Corp.

36,000

45,821

Wan

HAI

Lines

Ltd.

22,590

36,229

Wistron

Corp.

42,000

189,108

Wiwynn

Corp.

1,049

59,415

Yageo

Corp.

5,591

81,748

Yang

Ming

Marine

Transport

Corp.

28,000

41,430

Yuanta

Financial

Holding

Co.

Ltd.

188,699

146,509

13,701,578

Thailand

–

1.8%

Advanced

Info

Service

PCL,

NVDR

16,100

106,302

Airports

of

Thailand

PCL,

NVDR

(b)

66,500

138,911

Asset

World

Corp.

PCL,

NVDR

139,300

18,232

Bangkok

Bank

PCL,

NVDR

8,600

43,090

Bangkok

Dusit

Medical

Services

PCL,

NVDR

58,800

49,388

Bangkok

Expressway

&

Metro

PCL,

NVDR

122,300

32,515

Bank

of

Ayudhya

PCL,

NVDR

28,000

26,177

Berli

Jucker

PCL,

NVDR

13,800

14,111

Bumrungrad

Hospital

PCL,

NVDR

5,900

37,232

Central

Pattana

PCL,

NVDR

20,200

40,130

Central

Retail

Corp.

PCL,

NVDR

45,300

54,592

Charoen

Pokphand

Foods

PCL,

NVDR

43,100

25,561

CP

ALL

PCL,

NVDR

67,700

125,595

CP

Axtra

PCL,

NVDR

22,200

22,376

Delta

Electronics

Thailand

PCL,

NVDR

67,100

221,518

Energy

Absolute

PCL,

NVDR

25,700

46,552

Global

Power

Synergy

PCL,

NVDR

10,400

17,547

Gulf

Energy

Development

PCL,

NVDR

81,220

118,050

Home

Product

Center

PCL,

NVDR

64,800

26,883

Indorama

Ventures

PCL,

NVDR

30,200

30,219

Intouch

Holdings

PCL,

NVDR

17,700

39,817

Kasikornbank

PCL,

NVDR

17,200

63,315

Krung

Thai

Bank

PCL,

NVDR

60,700

36,354

Krungthai

Card

PCL,

NVDR

17,300

23,755

Minor

International

PCL,

NVDR

37,300

35,961

PTT

Exploration

&

Production

PCL,

NVDR

20,700

96,458

PTT

Global

Chemical

PCL,

NVDR

24,500

28,273

PTT

Oil

&

Retail

Business

PCL,

NVDR

45,800

28,634

PTT

PCL,

NVDR

126,400

129,248

SCB

X

PCL,

NVDR

13,100

43,056

SCG

Packaging

PCL,

NVDR

17,200

20,351

Siam

Cement

PCL

(The),

NVDR

4,400

41,778

Thai

Life

Insurance

PCL,

NVDR

39,400

12,892

TMBThanachart

Bank

PCL,

NVDR

659,700

33,150

1,828,023

Turkey

–

0.8%

Akbank

T.A.S.

45,627

47,344

Arcelik

AS

(b)

3,991

22,885

Aselsan

Elektronik

Sanayi

ve

Ticaret

AS

8,620

23,881

BIM

Birlesik

Magazalar

AS

6,974

55,970

Coca-Cola

Icecek

AS

1,035

12,096

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

96.9%

(continued)

Turkey

–

0.8%

(continued)

Enka

Insaat

ve

Sanayi

AS

27,476

34,306

Eregli

Demir

ve

Celik

Fabrikalari

TAS

(b)

21,710

33,621

Ford

Otomotiv

Sanayi

AS

976

34,420

Gubre

Fabrikalari

TAS

(b)

587

6,793

Haci

OMER

Sabanci

Holding

AS

20,349

43,529

Hektas

Ticaret

TAS

(b)

14,475

16,460

KOC

Holding

AS

15,828

79,355

Koza

Altin

Isletmeleri

AS

13,167

13,692

Sasa

Polyester

Sanayi

AS

(b)

15,056

34,080

Tofas

Turk

Otomobil

Fabrikasi

AS

1,561

17,508

Turk

Hava

Yollari

AO

(b)

10,919

95,010

Turkcell

Iletisim

Hizmetleri

AS

16,408

31,504

Turkiye

Garanti

Bankasi

AS

9,629

15,699

Turkiye

Is

Bankasi

AS,

Class

C

51,476

28,886

Turkiye

Petrol

Rafinerileri

AS

14,187

54,479

Turkiye

Sise

ve

CAM

Fabrikalari

AS

20,211

40,082

Yapi

ve

Kredi

Bankasi

AS

39,206

20,719

762,319

United

Arab

Emirates

–

2.9%

Abu

Dhabi

Commercial

Bank

PJSC

44,479

106,322

Abu

Dhabi

Islamic

Bank

PJSC

22,078

67,561

Abu

Dhabi

National

Oil

Co.

for

Distribution

PJSC

42,175

44,781

Abu

Dhabi

Ports

Co.

PJSC

(b)

12,975

23,314

ADNOC

Drilling

Co.

PJSC

39,633

42,513

Aldar

Properties

PJSC

56,516

79,549

Alpha

Dhabi

Holding

PJSC

(b)

20,528

111,553

Americana

Restaurants

International

PLC

37,138

38,826

Dubai

Electricity

&

Water

Authority

PJSC

138,566

101,103

Dubai

Islamic

Bank

PJSC

43,106

67,481

Emaar

Properties

PJSC

92,031

169,377

Emirates

NBD

Bank

PJSC

37,326

172,756

Emirates

Telecommunications

Group

Co.

PJSC

52,966

323,012

Fertiglobe

PLC

12,556

12,238

First

Abu

Dhabi

Bank

PJSC

67,463

268,893

International

Holdings

Co.

PJSC

(b)

10,797

1,161,404

Multiply

Group

PJSC

(b)

48,361

42,528

2,833,211

United

States

–

0.2%

BeiGene

Ltd.

(b)

12,900

215,036

Total

Common

Stocks

(cost

$90,896,790)

95,876,088

Preferred

Stocks

–

2.4%

Brazil

–

1.5%

Banco

Bradesco

SA,

5.16%

85,467

299,140

Centrais

Eletricas

Brasileiras

SA,

Class

B,

3.47%

3,773

34,652

Gerdau

SA,

11.28%

16,079

98,968

Itau

Unibanco

Holding

SA,

4.54%

73,188

440,323

Itausa

SA,

5.43%

84,026

173,455

Petroleo

Brasileiro

SA,

15.10%

67,741

443,153

1,489,691

Chile

–

0.2%

Sociedad

Quimica

y

Minera

de

Chile

SA,

Class

B,

12.48%

2,138

156,663

Colombia

–

0.0%

Bancolombia

SA,

11.09%

6,904

52,986

Russia

–

0.0%

Sberbank

of

Russia

PJSC,

9.40%

(d)

4,890

0

Surgutneftegas

PJSC,

1.69%

(d)

37,000

0

32

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Preferred

Stocks

–

2.4%

(continued)

Russia

–

0.0%

(continued)

Tatneft

PJSC,

Series

3,

16.14%

(d)

266

0

0

South

Korea

–

0.7%

Amorepacific

Corp.,

1.85%

127

3,442

Hyundai

Motor

Co.,

7.18%

505

42,947

Hyundai

Motor

Co.,

7.21%

300

25,230

LG

Chem

Ltd.,

2.64%

132

40,646

LG

Electronics,

Inc.,

1.58%

309

11,830

LG

H&H

Co.

Ltd.,

2.12%

102

14,532

Samsung

Electro-Mechanics

Co.

Ltd.,

2.97%

62

3,303

Samsung

Electronics

Co.

Ltd.,

2.51%

12,312

554,434

Samsung

Fire

&

Marine

Insurance

Co.

Ltd.,

7.98%

67

9,099

Samsung

SDI

Co.

Ltd.,

0.35%

23

5,756

711,219

Total

Preferred

Stocks

(cost

$2,033,722)

2,410,559

Investment

Companies

–

0.2%

Registered

Investment

Companies

–

0.2%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(e)(f)

(cost

$160,746)

160,746

160,746

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.3%

Registered

Investment

Companies

–

0.3%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(e)(f)

(cost

$258,024)

258,024

258,024

Total

Investments

(cost

$93,349,282)

99.8%

98,705,417

Cash

and

Receivables

(Net)

0.2%

182,400

Net

Assets

100.0%

98,887,817

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

July

31,

2023,

these

securities

were

valued

at

$4,144,132

or

4.19%

of

net

assets.

(b)

Non-income

producing

security.

(c)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$247,701

and

the

value

of

the

collateral

was

$258,024,

consisting

of

cash

collateral.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(d)

The

fund

held

Level

3

securities

at

July

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

July

31,

2023.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

MSCI

Emerging

Markets

Index

16

9/15/2023

803,447

843,440

39,993

33

STATEMENT

OF

INVESTMENTS

July

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

241,734

Series

2022-3,

Class

A,

3.75%,

8/15/2027

100,000

97,015

Barclays

Dryrock

Issuance

Trust

Series

2022-1,

Class

A,

3.07%,

2/15/2028

100,000

96,185

Series

2023-1,

Class

A,

4.72%,

2/15/2029

100,000

98,760

Capital

One

Multi-Asset

Execution

Trust

Series

2022-A1,

Class

A1,

2.80%,3/15/2027

40,000

38,360

Series

2022-A2,

Class

A,

3.49%,

5/15/2027

100,000

96,751

Series

2019-A3,

Class

A3,

2.06%,8/15/2028

40,000

36,593

CarMax

Auto

Owner

Trust

Series

2021-4,

Class

A4,

0.82%,

4/15/2027

140,000

126,484

Series

2023-2,

Class

A3,

5.05%,

1/18/2028

30,000

29,751

Discover

Card

Execution

Note

Trust,

Series

2022-A4,

Class

A,

5.03%,

10/15/2027

100,000

99,480

Ford

Credit

Auto

Owner

Trust

Series

2022-A,

Class

A3,

1.29%,

6/15/2026

30,000

28,894

Series

2022-B,

Class

A3,

3.74%,

9/15/2026

25,000

24,467

Harley-Davidson

Motorcycle

Trust,

Series

2022-A,

Class

A3,

3.06%,

2/15/2027

25,000

24,365

John

Deere

Owner

Trust,

Series

2021-A,

Class

A4,

0.62%,

12/15/2027

100,000

94,352

Nissan

Auto

Lease

Trust,

Series

2023-A,

Class

A4,

4.80%,

7/15/2027

325,000

320,820

Oklahoma

Development

Finance

Authority,

Series

2022-ONG,

Class

A1,

3.88%,

5/01/2037

92,582

88,632

Toyota

Auto

Receivables

Owner

Trust,

Series

2023-A,

Class

A3,

4.63%,

9/15/2027

160,000

157,790

Volkswagen

Auto

Loan

Enhanced

Trust,

Series

2021-1,

Class

A4,

1.26%,

10/20/2028

100,000

92,267

World

Omni

Auto

Receivables

Trust

Series

2022-B,

Class

A3,

3.25%,

7/15/2027

100,000

97,035

Series

2021-C,

Class

A4,

0.64%,

9/15/2027

100,000

91,590

Total

Asset-Backed

Securities

(cost

$2,024,018)

1,981,325

Commercial

Mortgage-Backed

Securities

–

0.9%

Bank

Trust

Series

2019-BN16,

Class

A4,

4.01%,

2/15/2052

85,000

79,220

Series

2019-BN21,

Class

A5,

2.85%,

10/17/2052

50,000

42,926

Series

2021-BN31,

Class

A4,

2.04%,

2/15/2054

25,000

19,974

Series

2023-5YR1,

Class

A3,

6.26%,

4/15/2056

110,000

112,180

Series

2017-BNK6,

Class

A4,

3.25%,

7/15/2060

50,000

46,180

Series

2018-BN11,

Class

A2,

3.78%,

3/15/2061

190,000

175,123

Series

2019-BN18,

Class

A4,

3.58%,

5/15/2062

45,000

40,002

Series

2021-BN37,

Class

A4,

2.37%,

11/15/2064

100,000

80,851

Barclays

Commercial

Mortgage

Trust,

Series

2019-C4,

Class

A5,

2.92%,

8/15/2052

25,000

21,837

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Commercial

Mortgage-Backed

Securities

–

0.9%

(continued)

BBCMS

Mortgage

Trust

Series

2020-C6,

Class

A4,

2.64%,

2/15/2053

60,000

51,063

Series

2021-C9,

Class

A5,

2.30%,

2/15/2054

50,000

40,672

Series

2022-C18,

Class

A5,

5.71%,

12/15/2055

100,000

103,307

Benchmark

Mortgage

Trust

Series

2020-IG1,

Class

AS,

2.91%,

9/15/2043

50,000

39,663

Series

2018-B2,

Class

A4,

3.61%,

2/15/2051

50,000

45,549

Series

2018-B3,

Class

A3,

3.75%,

4/10/2051

175,000

169,049

Series

2021-B27,

Class

A5,

2.39%,

7/15/2054

120,000

94,878

Series

2022-B32,

Class

A5,

3.00%,

1/15/2055

150,000

122,430

Series

2022-B34,

Class

A5,

3.79%,

4/15/2055

100,000

86,709

Citigroup

Commercial

Mortgage

Trust

Series

2015-GC35,

Class

A4,

3.82%,

11/10/2048

100,000

94,422

Series

2016-P4,

Class

AS,

3.08%,

7/10/2049

120,000

106,355

Series

2017-C4,

Class

A4,

3.47%,

10/12/2050

125,000

114,378

COMM

Mortgage

Trust

Series

2014-UBS6,

Class

AM,

4.05%,

12/10/2047

125,000

119,077

Series

2015-CR26,

Class

A3,

3.36%,

10/10/2048

85,903

81,405

Series

2015-LC23,

Class

A4,

3.77%,

10/10/2048

50,000

47,615

Series

2019-GC44,

Class

A5,

2.95%,

8/15/2057

200,000

172,545

CSAIL

Commercial

Mortgage

Trust

Series

2015-C4,

Class

C,

4.56%,

11/15/2048

108,000

95,210

Series

2018-CX11,

Class

A4,

3.77%,

4/15/2051

50,000

46,734

GS

Mortgage

Securities

Trust

Series

2016-GS2,

Class

A4,

3.05%,

5/10/2049

100,000

92,840

Series

2017-GS8,

Class

A3,

3.21%,

11/10/2050

80,000

72,730

Series

2017-GS8,

Class

A4,

3.47%,

11/10/2050

25,000

22,850

Series

2020-GC45,

Class

AAB,

2.84%,

2/13/2053

330,000

300,792

JPMBB

Commercial

Mortgage

Securities

Trust

Series

2014-C24,

Class

A4A1,

3.37%,

11/15/2047

50,000

48,281

Series

2015-C32,

Class

A5,

3.60%,

11/15/2048

100,000

93,710

JPMCC

Commercial

Mortgage

Securities

Trust,

Series

2017-JP6,

Class

A4,

3.22%,

7/15/2050

100,000

92,755

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust,

Series

2016-C29,

Class

A4,

3.33%,

5/15/2049

150,000

140,315

34

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Commercial

Mortgage-Backed

Securities

–

0.9%

(continued)

Morgan

Stanley

Capital

I

Trust

Series

2016-UBS9,

Class

A4,

3.59%,

3/15/2049

50,000

47,072

Series

2020-L4,

Class

A3,

2.70%,

2/15/2053

100,000

84,439

Series

2021-L5,

Class

A2,

1.52%,

5/15/2054

175,000

152,066

UBS

Commercial

Mortgage

Trust

Series

2018-C8,

Class

A3,

3.72%,

2/15/2051

24,006

22,129

Series

2019-C16,

Class

A4,

3.60%,

4/15/2052

75,000

67,762

Wells

Fargo

Commercial

Mortgage

Trust

Series

2015-NXS1,

Class

A5,

3.15%,

5/15/2048

95,000

90,108

Series

2015-C28,

Class

A4,

3.54%,

5/15/2048

60,000

57,330

Series

2016-C34,

Class

AS,

3.48%,

6/15/2049

100,000

89,789

Series

2017-C41,

Class

A3,

3.21%,

11/15/2050

250,000

229,386

Series

2017-C41,

Class

A4,

3.47%,

11/15/2050

10,000

9,138

Series

2019-C50,

Class

A5,

3.73%,

5/15/2052

150,000

136,342

Series

2020-C55,

Class

A5,

2.73%,

2/15/2053

100,000

84,839

Series

2016-NXS5,

Class

A5,

3.37%,

1/15/2059

50,000

46,713

WFRBS

Commercial

Mortgage

Trust

Series

2014-C24,

Class

A5,

3.61%,

11/15/2047

30,000

28,916

Series

2014-C22,

Class

A5,

3.75%,

9/15/2057

10,000

9,680

Total

Commercial

Mortgage-Backed

Securities

(cost

$4,727,813)

4,269,336

Corporate

Bonds

–

25.0%

Basic

Materials

–

0.7%

Air

Products

&

Chemicals,

Inc.

2.05%,

5/15/2030

31,000

26,373

2.70%,

5/15/2040

50,000

37,283

2.80%,

5/15/2050

35,000

24,810

Albemarle

Corp.,

5.45%,

12/01/2044

50,000

46,737

Barrick

PD

Australia

Finance

Pty

Ltd.,

5.95%,

10/15/2039

50,000

51,587

BHP

Billiton

Finance

USA

Ltd.,

4.13%,

2/24/2042

35,000

31,363

Celanese

US

Holdings

LLC,

6.05%,

3/15/2025

100,000

99,909

Celulosa

Arauco

y

Constitucion

SA,

4.50%,

8/01/2024

75,000

73,750

CF

Industries,

Inc.,

4.95%,

6/01/2043

46,000

39,863

Dow

Chemical

Co.

(The),

4.38%,

11/15/2042

20,000

16,908

DuPont

de

Nemours,

Inc.

4.49%,

11/15/2025

15,000

14,727

4.73%,

11/15/2028

(a)

35,000

34,702

5.42%,

11/15/2048

100,000

98,825

Eastman

Chemical

Co.,

4.65%,

10/15/2044

50,000

42,184

Ecolab,

Inc.

5.25%,

1/15/2028

100,000

101,806

4.80%,

3/24/2030

35,000

35,023

1.30%,

1/30/2031

20,000

15,762

2.13%,

8/15/2050

10,000

5,873

2.75%,

8/18/2055

60,000

38,160

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Basic

Materials

–

0.7%

(continued)

EIDP,

Inc.

1.70%,

7/15/2025

130,000

121,121

4.50%,

5/15/2026

10,000

9,830

4.80%,

5/15/2033

10,000

9,726

Fibria

Overseas

Finance

Ltd.,

5.50%,

1/17/2027

250,000

250,746

FMC

Corp.

5.15%,

5/18/2026

10,000

9,888

3.45%,

10/01/2029

50,000

43,855

5.65%,

5/18/2033

50,000

48,345

4.50%,

10/01/2049

25,000

19,074

6.38%,

5/18/2053

10,000

9,965

Freeport-McMoRan,

Inc.

4.38%,

8/01/2028

200,000

189,660

4.25%,

3/01/2030

50,000

46,136

5.45%,

3/15/2043

20,000

18,631

Huntsman

International

LLC

4.50%,

5/01/2029

10,000

9,297

2.95%,

6/15/2031

50,000

40,244

International

Flavors

&

Fragrances,

Inc.,

5.00%,

9/26/2048

96,000

82,432

International

Paper

Co.,

4.80%,

6/15/2044

88,000

77,429

Linde,

Inc.,

1.10%,

8/10/2030

100,000

79,135

LYB

International

Finance

III

LLC

5.63%,

5/15/2033

10,000

9,996

3.38%,

10/01/2040

20,000

14,790

3.63%,

4/01/2051

33,000

22,838

3.80%,

10/01/2060

10,000

6,791

LyondellBasell

Industries

NV,

4.63%,

2/26/2055

10,000

8,133

Mosaic

Co.

(The),

4.88%,

11/15/2041

10,000

8,552

NewMarket

Corp.,

2.70%,

3/18/2031

25,000

20,523

Newmont

Corp.,

4.88%,

3/15/2042

35,000

32,469

Nucor

Corp.,

2.00%,

6/01/2025

80,000

75,262

Nutrien

Ltd.

4.20%,

4/01/2029

20,000

18,996

2.95%,

5/13/2030

70,000

61,032

4.13%,

3/15/2035

100,000

88,229

3.95%,

5/13/2050

15,000

11,575

Rio

Tinto

Alcan,

Inc.,

7.25%,

3/15/2031

26,000

29,695

Rio

Tinto

Finance

USA

PLC,

5.00%,

3/09/2033

55,000

55,173

Sherwin-Williams

Co.

(The)

2.30%,

5/15/2030

86,000

72,242

4.00%,

12/15/2042

40,000

32,309

4.50%,

6/01/2047

25,000

21,845

3.30%,

5/15/2050

75,000

52,735

Southern

Copper

Corp.

3.88%,

4/23/2025

30,000

29,078

6.75%,

4/16/2040

100,000

111,467

Steel

Dynamics,

Inc.,

3.25%,

10/15/2050

25,000

16,540

Suzano

Austria

GmbH

6.00%,

1/15/2029

25,000

24,936

5.00%,

1/15/2030

20,000

18,833

Series

DM3N,

3.13%,

1/15/2032

130,000

104,422

Vale

Overseas

Ltd.

3.75%,

7/08/2030

175,000

155,907

6.88%,

11/21/2036

100,000

106,620

35

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Basic

Materials

–

0.7%

(continued)

Westlake

Corp.

3.60%,

8/15/2026

34,000

32,145

5.00%,

8/15/2046

25,000

21,586

3,165,878

Communications

–

2.1%

Alphabet,

Inc.

1.10%,

8/15/2030

24,000

19,430

1.90%,

8/15/2040

50,000

34,161

2.05%,

8/15/2050

285,000

175,048

2.25%,

8/15/2060

10,000

6,017

Amazon.com,

Inc.

3.80%,

12/05/2024

50,000

49,162

0.80%,

6/03/2025

25,000

23,209

3.30%,

4/13/2027

40,000

38,139

1.20%,

6/03/2027

100,000

88,093

3.15%,

8/22/2027

80,000

75,495

1.65%,

5/12/2028

75,000

65,644

1.50%,

6/03/2030

25,000

20,484

2.10%,

5/12/2031

25,000

20,907

3.60%,

4/13/2032

35,000

32,435

4.80%,

12/05/2034

50,000

50,670

3.88%,

8/22/2037

100,000

90,554

2.88%,

5/12/2041

30,000

22,903

4.05%,

8/22/2047

35,000

30,947

2.50%,

6/03/2050

155,000

101,064

4.25%,

8/22/2057

25,000

22,081

2.70%,

6/03/2060

10,000

6,309

3.25%,

5/12/2061

60,000

42,773

4.10%,

4/13/2062

40,000

34,073

America

Movil

SAB

de

CV

6.13%,

3/30/2040

70,000

73,876

4.38%,

7/16/2042

200,000

174,993

AT&T,

Inc.

3.88%,

1/15/2026

115,000

110,864

1.70%,

3/25/2026

25,000

22,711

2.95%,

7/15/2026

50,000

46,627

3.80%,

2/15/2027

30,000

28,541

1.65%,

2/01/2028

200,000

170,893

4.10%,

2/15/2028

75,000

71,344

4.30%,

2/15/2030

25,000

23,409

2.75%,

6/01/2031

50,000

41,509

2.25%,

2/01/2032

50,000

39,210

2.55%,

12/01/2033

80,000

61,689

4.85%,

3/01/2039

35,000

31,603

3.50%,

6/01/2041

25,000

18,615

5.15%,

3/15/2042

139,000

126,628

3.10%,

2/01/2043

(a)

40,000

28,027

4.50%,

3/09/2048

50,000

40,899

4.55%,

3/09/2049

50,000

41,249

3.65%,

6/01/2051

55,000

38,859

3.30%,

2/01/2052

200,000

133,909

3.50%,

9/15/2053

245,000

166,288

3.55%,

9/15/2055

50,000

33,611

3.80%,

12/01/2057

115,000

79,945

3.65%,

9/15/2059

50,000

33,342

3.85%,

6/01/2060

45,000

31,319

Bell

Telephone

Co.

of

Canada

or

Bell

Canada

(The)

5.10%,

5/11/2033

15,000

14,670

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Communications

–

2.1%

(continued)

4.30%,

7/29/2049

50,000

41,194

Booking

Holdings,

Inc.,

3.65%,

3/15/2025

50,000

48,776

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

4.91%,

7/23/2025

210,000

206,713

4.20%,

3/15/2028

25,000

23,403

5.05%,

3/30/2029

50,000

47,838

2.80%,

4/01/2031

100,000

81,018

2.30%,

2/01/2032

45,000

34,033

6.38%,

10/23/2035

25,000

24,556

3.50%,

6/01/2041

45,000

30,265

5.75%,

4/01/2048

50,000

42,772

5.13%,

7/01/2049

125,000

97,859

4.80%,

3/01/2050

10,000

7,564

3.70%,

4/01/2051

15,000

9,490

3.85%,

4/01/2061

100,000

60,591

4.40%,

12/01/2061

60,000

40,202

5.50%,

4/01/2063

50,000

40,058

Cisco

Systems,

Inc.

2.95%,

2/28/2026

25,000

24,043

5.50%,

1/15/2040

25,000

26,485

Comcast

Corp.

2.35%,

1/15/2027

45,000

41,440

3.55%,

5/01/2028

50,000

47,476

4.15%,

10/15/2028

25,000

24,185

4.55%,

1/15/2029

15,000

14,772

1.95%,

1/15/2031

85,000

69,318

1.50%,

2/15/2031

(a)

50,000

39,575

4.25%,

1/15/2033

50,000

47,382

4.65%,

2/15/2033

(a)

50,000

49,383

4.80%,

5/15/2033

15,000

14,843

4.20%,

8/15/2034

50,000

46,397

5.65%,

6/15/2035

25,000

26,186

4.60%,

10/15/2038

25,000

23,207

3.25%,

11/01/2039

93,000

73,333

3.97%,

11/01/2047

50,000

41,262

4.70%,

10/15/2048

100,000

92,383

4.00%,

11/01/2049

50,000

40,948

2.80%,

1/15/2051

70,000

45,778

5.35%,

5/15/2053

25,000

25,117

4.95%,

10/15/2058

90,000

85,876

2.65%,

8/15/2062

50,000

29,676

2.99%,

11/01/2063

185,000

116,027

5.50%,

5/15/2064

25,000

25,057

Corning,

Inc.,

3.90%,

11/15/2049

50,000

37,180

Deutsche

Telekom

International

Finance

BV

8.75%,

6/15/2030

10,000

11,850

9.25%,

6/01/2032

100,000

126,745

Discovery

Communications

LLC

3.95%,

3/20/2028

25,000

23,334

3.63%,

5/15/2030

(a)

100,000

88,088

4.88%,

4/01/2043

25,000

20,104

4.65%,

5/15/2050

50,000

37,885

4.00%,

9/15/2055

92,000

60,964

eBay,

Inc.

4.00%,

7/15/2042

100,000

79,721

3.65%,

5/10/2051

3,000

2,195

Expedia

Group,

Inc.,

3.80%,

2/15/2028

33,000

31,021

36

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Communications

–

2.1%

(continued)

Fox

Corp.

4.71%,

1/25/2029

10,000

9,708

3.50%,

4/08/2030

10,000

8,979

5.48%,

1/25/2039

100,000

92,622

Grupo

Televisa

SAB,

6.63%,

1/15/2040

71,000

73,927

Interpublic

Group

of

Cos.,

Inc.

(The),

3.38%,

3/01/2041

60,000

43,369

Juniper

Networks,

Inc.

1.20%,

12/10/2025

10,000

9,014

3.75%,

8/15/2029

50,000

45,725

Meta

Platforms,

Inc.

4.60%,

5/15/2028

(a)

25,000

24,918

4.80%,

5/15/2030

15,000

15,045

3.85%,

8/15/2032

100,000

92,918

4.95%,

5/15/2033

30,000

30,196

5.60%,

5/15/2053

40,000

41,162

4.65%,

8/15/2062

65,000

57,332

5.75%,

5/15/2063

30,000

31,073

Motorola

Solutions,

Inc.

2.30%,

11/15/2030

45,000

36,242

5.50%,

9/01/2044

22,000

20,923

Omnicom

Group,

Inc.

4.20%,

6/01/2030

25,000

23,304

2.60%,

8/01/2031

25,000

20,545

Paramount

Global

4.00%,

1/15/2026

80,000

76,787

2.90%,

1/15/2027

37,000

33,186

5.85%,

9/01/2043

25,000

20,930

4.95%,

5/19/2050

(a)

110,000

81,361

Rogers

Communications,

Inc.,

2.90%,

11/15/2026

35,000

32,220

Sprint

Capital

Corp.

6.88%,

11/15/2028

40,000

42,432

8.75%,

3/15/2032

35,000

42,186

Sprint

LLC

7.63%,

2/15/2025

25,000

25,570

7.63%,

3/01/2026

46,000

47,831

TCI

Communications,

Inc.,

7.88%,

2/15/2026

100,000

106,259

Telefonica

Emisiones

SA,

7.05%,

6/20/2036

30,000

32,807

Telefonica

Europe

BV,

8.25%,

9/15/2030

75,000

86,398

TELUS

Corp.

2.80%,

2/16/2027

80,000

74,051

3.70%,

9/15/2027

36,000

33,826

4.60%,

11/16/2048

50,000

42,488

Time

Warner

Cable

LLC

7.30%,

7/01/2038

110,000

112,125

5.50%,

9/01/2041

50,000

41,766

4.50%,

9/15/2042

50,000

37,312

T-Mobile

USA,

Inc.

3.50%,

4/15/2025

100,000

96,712

1.50%,

2/15/2026

20,000

18,184

2.25%,

2/15/2026

50,000

46,294

2.63%,

4/15/2026

50,000

46,512

3.75%,

4/15/2027

110,000

104,355

2.05%,

2/15/2028

30,000

26,173

4.95%,

3/15/2028

100,000

98,868

4.80%,

7/15/2028

15,000

14,707

2.40%,

3/15/2029

100,000

86,154

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Communications

–

2.1%

(continued)

3.88%,

4/15/2030

10,000

9,190

2.55%,

2/15/2031

20,000

16,620

2.70%,

3/15/2032

100,000

82,229

5.05%,

7/15/2033

50,000

48,901

4.38%,

4/15/2040

50,000

44,127

4.50%,

4/15/2050

10,000

8,539

3.40%,

10/15/2052

25,000

17,495

5.65%,

1/15/2053

150,000

150,678

5.75%,

1/15/2054

45,000

45,890

5.80%,

9/15/2062

25,000

25,040

TWDC

Enterprises

18

Corp.

Series

E,

4.13%,

12/01/2041

100,000

86,875

4.13%,

6/01/2044

15,000

12,891

VeriSign,

Inc.

5.25%,

4/01/2025

100,000

99,263

4.75%,

7/15/2027

35,000

34,626

Verizon

Communications,

Inc.

2.63%,

8/15/2026

30,000

27,915

4.33%,

9/21/2028

150,000

144,045

1.75%,

1/20/2031

80,000

62,708

2.55%,

3/21/2031

175,000

145,111

2.36%,

3/15/2032

150,000

119,711

5.05%,

5/09/2033

215,000

210,927

4.50%,

8/10/2033

50,000

46,665

3.40%,

3/22/2041

35,000

26,595

2.85%,

9/03/2041

50,000

35,062

6.55%,

9/15/2043

200,000

218,511

4.86%,

8/21/2046

50,000

45,193

4.52%,

9/15/2048

150,000

129,539

2.88%,

11/20/2050

55,000

34,967

5.01%,

8/21/2054

25,000

22,902

4.67%,

3/15/2055

25,000

21,868

3.00%,

11/20/2060

10,000

6,059

3.70%,

3/22/2061

50,000

35,436

Vodafone

Group

PLC

4.13%,

5/30/2025

54,000

52,766

5.25%,

5/30/2048

10,000

9,332

5.63%,

2/10/2053

50,000

48,472

5.13%,

6/19/2059

50,000

43,862

5.75%,

2/10/2063

50,000

47,962

Walt

Disney

Co.

(The)

3.70%,

10/15/2025

250,000

242,614

3.80%,

3/22/2030

150,000

140,712

2.65%,

1/13/2031

175,000

150,482

3.50%,

5/13/2040

30,000

24,475

10,120,547

Consumer,

Cyclical

–

1.6%

American

Airlines

Pass-Through

Trust

Series

2017-1,

Class

AA,

3.65%,

2/15/2029

35,500

32,582

Series

2017-2,

Class

AA,

3.35%,

10/15/2029

164,112

147,594

American

Honda

Finance

Corp.

Series

G,

5.25%,

7/07/2026

15,000

15,067

Series

G,

5.13%,

7/07/2028

15,000

15,092

4.60%,

4/17/2030

100,000

98,035

AutoNation,

Inc.,

4.75%,

6/01/2030

30,000

28,231

AutoZone,

Inc.

3.25%,

4/15/2025

15,000

14,437

3.63%,

4/15/2025

25,000

24,294

37

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Cyclical

–

1.6%

(continued)

5.05%,

7/15/2026

10,000

9,979

Brunswick

Corp.,

0.85%,

8/18/2024

100,000

94,896

Choice

Hotels

International,

Inc.,

3.70%,

1/15/2031

50,000

43,184

Costco

Wholesale

Corp.,

3.00%,

5/18/2027

73,000

69,132

Cummins,

Inc.,

2.60%,

9/01/2050

50,000

31,837

Darden

Restaurants,

Inc.,

4.55%,

2/15/2048

20,000

16,774

Dick's

Sporting

Goods,

Inc.,

4.10%,

1/15/2052

50,000

34,139

Dollar

General

Corp.

5.20%,

7/05/2028

10,000

9,985

3.50%,

4/03/2030

50,000

45,047

5.45%,

7/05/2033

(a)

15,000

14,907

5.50%,

11/01/2052

36,000

34,041

General

Motors

Co.

6.13%,

10/01/2025

150,000

151,650

6.80%,

10/01/2027

50,000

52,188

5.15%,

4/01/2038

100,000

90,203

5.95%,

4/01/2049

53,000

49,636

General

Motors

Financial

Co.,

Inc.

3.80%,

4/07/2025

200,000

194,151

6.05%,

10/10/2025

70,000

70,522

4.00%,

10/06/2026

50,000

47,609

4.35%,

1/17/2027

20,000

19,262

6.00%,

1/09/2028

100,000

101,518

5.80%,

6/23/2028

25,000

25,103

5.85%,

4/06/2030

15,000

14,985

2.35%,

1/08/2031

45,000

35,575

2.70%,

6/10/2031

50,000

40,165

Genuine

Parts

Co.,

1.88%,

11/01/2030

25,000

19,662

Hasbro,

Inc.

3.55%,

11/19/2026

50,000

46,949

6.35%,

3/15/2040

50,000

50,976

Home

Depot,

Inc.

(The)

3.35%,

9/15/2025

25,000

24,172

2.70%,

4/15/2030

168,000

148,519

1.38%,

3/15/2031

127,000

100,021

4.50%,

9/15/2032

(a)

200,000

196,828

5.88%,

12/16/2036

100,000

108,522

4.25%,

4/01/2046

150,000

132,616

3.63%,

4/15/2052

50,000

39,386

3.50%,

9/15/2056

15,000

11,393

Honda

Motor

Co.,

Ltd.,

2.27%,

3/10/2025

300,000

287,121

Hyatt

Hotels

Corp.

4.85%,

3/15/2026

50,000

49,379

4.38%,

9/15/2028

25,000

23,648

5.75%,

4/23/2030

25,000

25,293

JetBlue

Pass-Through

Trust,

Series

2020-1,

Class

A,

4.00%,

11/15/2032

33,456

30,648

Lear

Corp.,

3.50%,

5/30/2030

63,000

55,652

Lennar

Corp.,

4.75%,

5/30/2025

80,000

78,569

Lowe's

Cos.,

Inc.

1.70%,

9/15/2028

75,000

64,152

1.70%,

10/15/2030

40,000

32,037

3.75%,

4/01/2032

(a)

100,000

90,623

5.00%,

4/15/2040

50,000

46,900

3.70%,

4/15/2046

283,000

218,188

4.05%,

5/03/2047

10,000

8,037

3.00%,

10/15/2050

10,000

6,542

3.50%,

4/01/2051

30,000

21,289

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Cyclical

–

1.6%

(continued)

Magna

International,

Inc.,

2.45%,

6/15/2030

20,000

16,885

Marriott

International,

Inc.

3.75%,

10/01/2025

100,000

96,510

Series

AA,

4.65%,

12/01/2028

50,000

48,493

McDonald's

Corp.

3.38%,

5/26/2025

85,000

82,460

3.30%,

7/01/2025

60,000

57,995

2.63%,

9/01/2029

20,000

17,783

4.70%,

12/09/2035

19,000

18,361

4.88%,

12/09/2045

30,000

28,471

4.45%,

3/01/2047

156,000

138,990

4.45%,

9/01/2048

40,000

35,822

MDC

Holdings,

Inc.

2.50%,

1/15/2031

75,000

58,771

6.00%,

1/15/2043

40,000

35,796

NIKE,

Inc.

2.40%,

3/27/2025

100,000

95,747

2.38%,

11/01/2026

40,000

37,279

3.25%,

3/27/2040

40,000

32,890

3.88%,

11/01/2045

50,000

43,539

O'Reilly

Automotive,

Inc.

3.60%,

9/01/2027

50,000

47,399

3.90%,

6/01/2029

45,000

42,449

1.75%,

3/15/2031

20,000

15,811

PulteGroup,

Inc.,

6.00%,

2/15/2035

25,000

25,590

PVH

Corp.,

4.63%,

7/10/2025

50,000

48,505

Southwest

Airlines

Co.

5.25%,

5/04/2025

164,000

163,333

5.13%,

6/15/2027

25,000

24,934

2.63%,

2/10/2030

(a)

5,000

4,278

Starbucks

Corp.

2.00%,

3/12/2027

25,000

22,576

3.55%,

8/15/2029

101,000

94,478

4.80%,

2/15/2033

120,000

118,429

3.75%,

12/01/2047

100,000

78,470

4.45%,

8/15/2049

40,000

35,156

Target

Corp.

2.25%,

4/15/2025

200,000

190,716

2.50%,

4/15/2026

50,000

47,343

2.35%,

2/15/2030

40,000

34,666

4.50%,

9/15/2032

(a)

100,000

97,363

4.80%,

1/15/2053

(a)

100,000

94,979

Toyota

Motor

Corp.

5.28%,

7/13/2026

10,000

10,093

5.12%,

7/13/2028

10,000

10,164

5.12%,

7/13/2033

10,000

10,254

Toyota

Motor

Credit

Corp.

4.40%,

9/20/2024

100,000

98,911

4.80%,

1/10/2025

150,000

149,187

4.45%,

5/18/2026

15,000

14,821

1.15%,

8/13/2027

20,000

17,329

4.55%,

9/20/2027

100,000

98,930

5.45%,

11/10/2027

100,000

102,289

4.63%,

1/12/2028

200,000

199,073

4.55%,

5/17/2030

10,000

9,782

Tractor

Supply

Co.,

5.25%,

5/15/2033

15,000

14,800

United

Airlines

Pass-Through

Trust

Series

2012-1,

Class

A,

4.15%,

4/11/2024

12,695

12,489

38

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Cyclical

–

1.6%

(continued)

Series

2013-1,

Class

A,

4.30%,

8/15/2025

27,663

26,674

Series

2018-1,

Class

AA,

3.50%,

3/01/2030

78,433

70,723

Series

2023-1,

Class

A,

5.80%,

1/15/2036

25,000

25,346

Walgreens

Boots

Alliance,

Inc.

3.20%,

4/15/2030

(a)

50,000

42,564

4.80%,

11/18/2044

25,000

20,316

4.10%,

4/15/2050

50,000

35,614

Walmart,

Inc.

4.00%,

4/15/2026

15,000

14,732

5.88%,

4/05/2027

77,000

80,492

3.90%,

4/15/2028

15,000

14,655

1.50%,

9/22/2028

50,000

43,500

2.38%,

9/24/2029

3,000

2,670

4.00%,

4/15/2030

10,000

9,740

4.10%,

4/15/2033

25,000

24,154

3.95%,

6/28/2038

10,000

9,143

2.50%,

9/22/2041

100,000

73,387

4.05%,

6/29/2048

60,000

54,653

4.50%,

9/09/2052

50,000

48,042

4.50%,

4/15/2053

25,000

24,084

Warnermedia

Holdings,

Inc.

3.64%,

3/15/2025

30,000

29,012

3.79%,

3/15/2025

10,000

9,671

3.76%,

3/15/2027

70,000

65,528

4.05%,

3/15/2029

25,000

22,912

4.28%,

3/15/2032

85,000

75,317

5.05%,

3/15/2042

75,000

62,486

5.14%,

3/15/2052

120,000

97,221

5.39%,

3/15/2062

50,000

40,620

Whirlpool

Corp.,

4.75%,

2/26/2029

10,000

9,743

7,402,330

Consumer,

Non-cyclical

–

4.4%

Abbott

Laboratories

6.00%,

4/01/2039

25,000

27,843

4.90%,

11/30/2046

170,000

169,742

AbbVie,

Inc.

2.60%,

11/21/2024

150,000

144,428

3.80%,

3/15/2025

50,000

48,704

3.20%,

11/21/2029

45,000

40,750

4.05%,

11/21/2039

35,000

30,434

4.40%,

11/06/2042

45,000

39,887

4.70%,

5/14/2045

75,000

68,039

4.25%,

11/21/2049

217,000

186,253

Adventist

Health

System/West,

3.63%,

3/01/2049

20,000

14,341

Advocate

Health

&

Hospitals

Corp.

3.83%,

8/15/2028

50,000

47,781

Series

2020,

2.21%,

6/15/2030

15,000

12,528

Aetna,

Inc.

6.63%,

6/15/2036

50,000

54,423

4.75%,

3/15/2044

35,000

30,798

3.88%,

8/15/2047

50,000

38,379

Ahold

Finance

USA

LLC,

6.88%,

5/01/2029

25,000

26,669

AHS

Hospital

Corp.,

5.02%,

7/01/2045

50,000

48,123

Altria

Group,

Inc.

4.40%,

2/14/2026

10,000

9,815

3.40%,

5/06/2030

150,000

132,587

2.45%,

2/04/2032

35,000

27,509

5.80%,

2/14/2039

75,000

73,797

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

3.40%,

2/04/2041

50,000

34,831

4.50%,

5/02/2043

40,000

31,887

4.45%,

5/06/2050

15,000

11,241

4.00%,

2/04/2061

10,000

6,874

AmerisourceBergen

Corp.,

3.45%,

12/15/2027

50,000

46,964

Amgen,

Inc.

5.51%,

3/02/2026

150,000

149,854

2.20%,

2/21/2027

50,000

45,394

5.25%,

3/02/2030

100,000

100,521

2.30%,

2/25/2031

45,000

37,317

4.40%,

5/01/2045

75,000

64,227

4.56%,

6/15/2048

20,000

17,499

3.38%,

2/21/2050

200,000

143,594

2.77%,

9/01/2053

10,000

6,120

5.75%,

3/02/2063

150,000

150,783

Anheuser-Busch

Cos.

LLC

/

Anheuser-Busch

InBev

Worldwide,

Inc.,

4.90%,

2/01/2046

36,000

34,122

Anheuser-Busch

InBev

Finance,

Inc.,

4.90%,

2/01/2046

25,000

23,569

Anheuser-Busch

InBev

Worldwide,

Inc.

3.50%,

6/01/2030

110,000

101,625

4.90%,

1/23/2031

75,000

75,720

4.38%,

4/15/2038

25,000

23,163

8.20%,

1/15/2039

25,000

32,331

5.45%,

1/23/2039

25,000

25,771

8.00%,

11/15/2039

25,000

31,559

4.35%,

6/01/2040

100,000

91,095

4.95%,

1/15/2042

25,000

24,328

4.50%,

6/01/2050

150,000

136,492

5.80%,

1/23/2059

45,000

48,122

Archer-Daniels-Midland

Co.

2.50%,

8/11/2026

25,000

23,513

4.54%,

3/26/2042

87,000

80,000

Ascension

Health,

3.95%,

11/15/2046

25,000

20,951

AstraZeneca

Finance

LLC,

1.20%,

5/28/2026

75,000

67,782

AstraZeneca

PLC

0.70%,

4/08/2026

90,000

80,539

4.00%,

9/18/2042

50,000

44,063

4.38%,

11/16/2045

75,000

68,954

Banner

Health,

2.34%,

1/01/2030

25,000

21,297

Baptist

Healthcare

System

Obligated

Group,

Series

20B,

3.54%,

8/15/2050

25,000

18,207

BAT

Capital

Corp.

3.22%,

8/15/2024

150,000

145,963

2.79%,

9/06/2024

70,000

67,666

3.22%,

9/06/2026

40,000

37,405

3.56%,

8/15/2027

50,000

46,467

4.39%,

8/15/2037

20,000

15,826

3.73%,

9/25/2040

50,000

35,398

5.28%,

4/02/2050

50,000

41,260

5.65%,

3/16/2052

100,000

85,782

BAT

International

Finance

PLC,

1.67%,

3/25/2026

30,000

27,173

Baxalta,

Inc.

4.00%,

6/23/2025

15,000

14,582

5.25%,

6/23/2045

35,000

33,903

Baxter

International,

Inc.

1.92%,

2/01/2027

50,000

44,657

39

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

2.54%,

2/01/2032

50,000

40,466

Becton,

Dickinson

&

Co.

3.73%,

12/15/2024

10,000

9,756

3.70%,

6/06/2027

10,000

9,537

3.79%,

5/20/2050

9,000

7,156

Biogen,

Inc.

2.25%,

5/01/2030

75,000

61,894

5.20%,

9/15/2045

45,000

44,471

Bio-Rad

Laboratories,

Inc.,

3.70%,

3/15/2032

100,000

87,790

Boston

Scientific

Corp.

1.90%,

6/01/2025

10,000

9,404

2.65%,

6/01/2030

25,000

21,663

Bristol-Myers

Squibb

Co.

1.13%,

11/13/2027

50,000

43,640

3.90%,

2/20/2028

10,000

9,672

1.45%,

11/13/2030

10,000

7,980

2.95%,

3/15/2032

15,000

13,122

2.35%,

11/13/2040

20,000

13,879

3.55%,

3/15/2042

10,000

8,167

4.55%,

2/20/2048

28,000

25,501

4.25%,

10/26/2049

200,000

173,716

2.55%,

11/13/2050

20,000

12,673

3.70%,

3/15/2052

100,000

79,172

3.90%,

3/15/2062

25,000

19,658

Brown

University,

in

Providence

in

the

State

of

Rhode

Island

&

Providence

Plantations,

Series

A,

2.92%,

9/01/2050

30,000

21,410

Bunge

Ltd.

Finance

Corp.,

1.63%,

8/17/2025

50,000

46,280

California

Endowment

(The),

Series

2021,

2.50%,

4/01/2051

100,000

62,976

California

Institute

of

Technology,

4.70%,

11/01/2111

35,000

29,851

Campbell

Soup

Co.

2.38%,

4/24/2030

29,000

24,316

3.13%,

4/24/2050

15,000

10,304

Cardinal

Health,

Inc.

4.60%,

3/15/2043

25,000

20,731

4.50%,

11/15/2044

40,000

31,974

Centene

Corp.

2.45%,

7/15/2028

135,000

116,284

2.63%,

8/01/2031

165,000

131,895

Children's

Hospital,

Series

2020,

2.93%,

7/15/2050

50,000

32,231

Children's

Hospital

of

Philadelphia

(The),

Series

2020,

2.70%,

7/01/2050

10,000

6,378

Cigna

Group

(The)

4.13%,

11/15/2025

30,000

29,285

4.50%,

2/25/2026

5,000

4,909

3.40%,

3/01/2027

25,000

23,607

3.05%,

10/15/2027

50,000

46,191

2.38%,

3/15/2031

160,000

132,952

3.40%,

3/15/2051

25,000

17,937

City

of

Hope

(The),

Series

2013,

5.62%,

11/15/2043

135,000

130,981

Clorox

Co.

(The),

4.60%,

5/01/2032

75,000

73,196

Coca-Cola

Co.

(The)

1.45%,

6/01/2027

163,000

145,797

1.00%,

3/15/2028

20,000

17,211

2.13%,

9/06/2029

50,000

43,954

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

3.45%,

3/25/2030

65,000

60,868

1.65%,

6/01/2030

50,000

41,521

2.25%,

1/05/2032

(a)

25,000

21,130

2.60%,

6/01/2050

100,000

68,674

3.00%,

3/05/2051

25,000

18,681

2.50%,

3/15/2051

35,000

23,435

Coca-Cola

Femsa

SAB

de

CV,

2.75%,

1/22/2030

50,000

44,280

Colgate-Palmolive

Co.,

3.70%,

8/01/2047

70,000

59,855

CommonSpirit

Health

2.76%,

10/01/2024

79,000

76,228

3.35%,

10/01/2029

60,000

53,346

Community

Health

Network,

Inc.,

Series

20-A,

3.10%,

5/01/2050

65,000

42,019

ConAgra

Brands,

Inc.,

5.30%,

10/01/2026

10,000

9,962

Constellation

Brands,

Inc.

4.65%,

11/15/2028

40,000

39,296

4.50%,

5/09/2047

25,000

21,426

5.25%,

11/15/2048

25,000

23,823

3.75%,

5/01/2050

65,000

50,725

CVS

Health

Corp.

3.38%,

8/12/2024

100,000

97,748

2.63%,

8/15/2024

22,000

21,347

3.88%,

7/20/2025

25,000

24,293

3.00%,

8/15/2026

10,000

9,401

3.63%,

4/01/2027

110,000

104,721

1.30%,

8/21/2027

20,000

17,266

4.30%,

3/25/2028

10,000

9,682

3.25%,

8/15/2029

30,000

26,984

5.13%,

2/21/2030

50,000

49,745

3.75%,

4/01/2030

15,000

13,707

1.88%,

2/28/2031

45,000

35,743

5.25%,

2/21/2033

138,000

137,189

4.88%,

7/20/2035

100,000

94,851

6.13%,

9/15/2039

35,000

36,035

4.13%,

4/01/2040

20,000

16,785

5.05%,

3/25/2048

40,000

36,443

4.25%,

4/01/2050

200,000

164,716

5.63%,

2/21/2053

50,000

49,152

Danaher

Corp.,

2.60%,

10/01/2050

50,000

33,009

DENTSPLY

SIRONA,

Inc.,

3.25%,

6/01/2030

50,000

43,314

Elevance

Health,

Inc.

3.50%,

8/15/2024

80,000

78,228

2.88%,

9/15/2029

90,000

80,036

2.25%,

5/15/2030

10,000

8,373

2.55%,

3/15/2031

20,000

16,808

5.50%,

10/15/2032

50,000

51,293

6.38%,

6/15/2037

10,000

10,713

4.63%,

5/15/2042

35,000

31,627

4.65%,

8/15/2044

15,000

13,386

4.38%,

12/01/2047

10,000

8,684

4.55%,

3/01/2048

28,000

24,749

3.60%,

3/15/2051

50,000

38,004

Eli

Lilly

&

Co.

5.50%,

3/15/2027

25,000

26,036

3.38%,

3/15/2029

100,000

94,229

2.50%,

9/15/2060

100,000

61,997

Emory

University,

Series

2020,

2.14%,

9/01/2030

15,000

12,551

40

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Equifax,

Inc.

2.60%,

12/15/2025

15,000

14,028

5.10%,

6/01/2028

10,000

9,849

2.35%,

9/15/2031

100,000

79,016

Estee

Lauder

Cos.,

Inc.

(The)

4.38%,

5/15/2028

10,000

9,836

4.65%,

5/15/2033

10,000

9,837

5.15%,

5/15/2053

74,000

74,231

Fomento

Economico

Mexicano

SAB

de

CV,

3.50%,

1/16/2050

70,000

52,793

GE

HealthCare

Technologies,

Inc.

5.55%,

11/15/2024

100,000

99,891

5.60%,

11/15/2025

100,000

100,328

5.65%,

11/15/2027

100,000

101,905

5.86%,

3/15/2030

200,000

205,151

General

Mills,

Inc.

4.20%,

4/17/2028

25,000

24,154

2.88%,

4/15/2030

(a)

10,000

8,812

George

Washington

University

(The),

Series

2014,

4.30%,

9/15/2044

20,000

17,542

Georgetown

University

(The),

Series

B,

4.32%,

4/01/2049

20,000

17,530

Gilead

Sciences,

Inc.

3.50%,

2/01/2025

25,000

24,352

3.65%,

3/01/2026

40,000

38,561

2.95%,

3/01/2027

25,000

23,448

1.65%,

10/01/2030

25,000

20,284

2.60%,

10/01/2040

100,000

71,676

4.50%,

2/01/2045

25,000

22,537

4.75%,

3/01/2046

157,000

147,289

2.80%,

10/01/2050

25,000

16,663

GlaxoSmithKline

Capital,

Inc.

3.88%,

5/15/2028

50,000

48,303

6.38%,

5/15/2038

70,000

79,500

Global

Payments,

Inc.

2.65%,

2/15/2025

30,000

28,614

5.95%,

8/15/2052

100,000

97,447

GXO

Logistics,

Inc.

1.65%,

7/15/2026

50,000

43,941

2.65%,

7/15/2031

50,000

39,019

Hackensack

Meridian

Health,

Inc.,

Series

2020,

2.68%,

9/01/2041

45,000

31,301

HCA,

Inc.

5.25%,

4/15/2025

110,000

109,092

5.88%,

2/15/2026

50,000

50,144

5.25%,

6/15/2026

69,000

68,391

4.50%,

2/15/2027

50,000

48,610

5.20%,

6/01/2028

15,000

14,875

4.13%,

6/15/2029

150,000

139,144

3.63%,

3/15/2032

(b)

66,000

57,272

5.50%,

6/01/2033

20,000

19,907

5.25%,

6/15/2049

94,000

84,579

4.63%,

3/15/2052

(b)

50,000

41,035

5.90%,

6/01/2053

15,000

14,719

Hershey

Co.

(The),

2.05%,

11/15/2024

40,000

38,476

Hormel

Foods

Corp.,

1.80%,

6/11/2030

40,000

33,330

Humana,

Inc.

3.85%,

10/01/2024

30,000

29,354

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

5.88%,

3/01/2033

75,000

78,104

Illumina,

Inc.,

2.55%,

3/23/2031

(a)

100,000

81,421

Indiana

University

Health,

Inc.

Obligated

Group,

3.97%,

11/01/2048

50,000

41,406

Inova

Health

System

Foundation,

4.07%,

5/15/2052

25,000

21,321

IQVIA,

Inc.,

5.70%,

5/15/2028

(b)

250,000

249,177

JBS

USA

LUX

SA

/

JBS

USA

Food

Co.

/

JBS

USA

Finance,

Inc.

5.50%,

1/15/2030

(b)

100,000

96,720

5.75%,

4/01/2033

(b)

100,000

95,938

4.38%,

2/02/2052

(b)

100,000

72,236

JM

Smucker

Co.

(The)

3.50%,

3/15/2025

40,000

38,730

2.38%,

3/15/2030

88,000

74,636

2.13%,

3/15/2032

(a)

50,000

40,053

Johns

Hopkins

University,

Series

A,

2.81%,

1/01/2060

25,000

16,406

Johnson

&

Johnson

2.63%,

1/15/2025

40,000

38,739

2.45%,

3/01/2026

100,000

94,553

2.95%,

3/03/2027

131,000

124,430

1.30%,

9/01/2030

25,000

20,423

4.38%,

12/05/2033

50,000

49,968

3.55%,

3/01/2036

50,000

44,740

2.10%,

9/01/2040

100,000

69,951

Kaiser

Foundation

Hospitals

3.15%,

5/01/2027

50,000

47,242

4.15%,

5/01/2047

25,000

21,586

Series

2021,

3.00%,

6/01/2051

5,000

3,478

Kellogg

Co.

4.30%,

5/15/2028

75,000

73,040

2.10%,

6/01/2030

25,000

20,720

5.25%,

3/01/2033

60,000

60,301

Kenvue,

Inc.

5.00%,

3/22/2030

(b)

50,000

50,372

4.90%,

3/22/2033

(b)

20,000

20,105

5.05%,

3/22/2053

(b)

25,000

25,154

Keurig

Dr

Pepper,

Inc.

4.42%,

5/25/2025

50,000

49,126

3.40%,

11/15/2025

61,000

58,601

3.95%,

4/15/2029

35,000

33,212

3.20%,

5/01/2030

28,000

24,969

3.80%,

5/01/2050

10,000

7,766

4.50%,

4/15/2052

35,000

30,643

Kimberly-Clark

Corp.,

1.05%,

9/15/2027

45,000

38,932

Kraft

Heinz

Foods

Co.

3.00%,

6/01/2026

50,000

47,263

4.38%,

6/01/2046

150,000

127,300

Kroger

Co.

(The),

3.95%,

1/15/2050

150,000

119,769

Laboratory

Corp.

of

America

Holdings

3.25%,

9/01/2024

25,000

24,308

2.30%,

12/01/2024

40,000

38,219

3.60%,

2/01/2025

10,000

9,710

2.95%,

12/01/2029

50,000

44,041

Leland

Stanford

Junior

University

(The),

2.41%,

6/01/2050

50,000

32,209

Mass

General

Brigham,

Inc.,

Series

2020,

3.19%,

7/01/2049

25,000

18,042

41

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Massachusetts

Institute

of

Technology,

3.96%,

7/01/2038

25,000

22,872

McCormick

&

Co.,

Inc.

3.15%,

8/15/2024

10,000

9,741

0.90%,

2/15/2026

20,000

17,907

1.85%,

2/15/2031

15,000

11,857

4.95%,

4/15/2033

10,000

9,825

McKesson

Corp.,

5.10%,

7/15/2033

10,000

10,031

Mead

Johnson

Nutrition

Co.,

5.90%,

11/01/2039

20,000

20,858

MedStar

Health,

Inc.,

Series

20A,

3.63%,

8/15/2049

25,000

18,544

Medtronic

Global

Holdings

SCA,

4.50%,

3/30/2033

50,000

48,760

Memorial

Health

Services,

3.45%,

11/01/2049

50,000

36,792

Memorial

Sloan-Kettering

Cancer

Center,

Series

2015,

4.20%,

7/01/2055

50,000

42,528

Merck

&

Co.,

Inc.

4.05%,

5/17/2028

10,000

9,838

3.40%,

3/07/2029

50,000

46,840

4.30%,

5/17/2030

15,000

14,646

1.45%,

6/24/2030

149,000

120,962

2.15%,

12/10/2031

20,000

16,495

4.50%,

5/17/2033

25,000

24,588

3.90%,

3/07/2039

10,000

8,921

4.15%,

5/18/2043

215,000

194,192

4.90%,

5/17/2044

15,000

14,837

5.00%,

5/17/2053

25,000

25,089

2.90%,

12/10/2061

25,000

16,190

5.15%,

5/17/2063

15,000

15,145

Molson

Coors

Beverage

Co.

3.00%,

7/15/2026

50,000

47,065

5.00%,

5/01/2042

25,000

23,318

Mondelez

International,

Inc.,

2.63%,

9/04/2050

75,000

48,450

Montefiore

Obligated

Group,

4.29%,

9/01/2050

50,000

31,173

Moody's

Corp.

3.25%,

1/15/2028

135,000

126,238

4.25%,

8/08/2032

100,000

95,004

4.88%,

12/17/2048

25,000

23,257

Mount

Sinai

Hospitals

Group,

Inc.

Series

2017,

3.98%,

7/01/2048

20,000

15,722

Series

2019,

3.74%,

7/01/2049

75,000

56,919

Mylan,

Inc.,

4.55%,

4/15/2028

60,000

56,779

New

York

&

Presbyterian

Hospital

(The),

Series

2019,

3.95%,

8/01/2119

60,000

43,316

Northwell

Healthcare,

Inc.

3.98%,

11/01/2046

25,000

19,468

4.26%,

11/01/2047

50,000

40,411

Northwestern

University,

4.64%,

12/01/2044

35,000

33,550

Novartis

Capital

Corp.

2.00%,

2/14/2027

50,000

45,892

3.10%,

5/17/2027

25,000

23,812

4.40%,

5/06/2044

70,000

66,087

NYU

Langone

Hospitals

4.78%,

7/01/2044

75,000

68,542

Series

2020,

3.38%,

7/01/2055

100,000

68,670

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Ochsner

LSU

Health

System

of

North

Louisiana,

Series

2021,

2.51%,

5/15/2031

250,000

184,359

Orlando

Health

Obligated

Group,

4.09%,

10/01/2048

100,000

81,046

PayPal

Holdings,

Inc.,

3.25%,

6/01/2050

125,000

90,324

PeaceHealth

Obligated

Group

Series

2018,

4.79%,

11/15/2048

50,000

43,479

Series

2020,

3.22%,

11/15/2050

10,000

6,630

PepsiCo,

Inc.

2.25%,

3/19/2025

158,000

151,152

3.50%,

7/17/2025

25,000

24,296

4.55%,

2/13/2026

167,000

166,435

2.38%,

10/06/2026

16,000

15,029

3.60%,

2/18/2028

50,000

48,231

3.50%,

3/19/2040

20,000

16,750

3.60%,

8/13/2042

25,000

21,329

3.45%,

10/06/2046

50,000

40,948

2.88%,

10/15/2049

20,000

14,781

2.75%,

10/21/2051

160,000

112,634

Pfizer

Investment

Enterprises

Pte

Ltd.

4.65%,

5/19/2025

50,000

49,568

4.45%,

5/19/2026

50,000

49,371

4.45%,

5/19/2028

70,000

68,799

4.65%,

5/19/2030

50,000

49,443

4.75%,

5/19/2033

85,000

84,440

5.11%,

5/19/2043

50,000

49,573

5.30%,

5/19/2053

100,000

102,717

5.34%,

5/19/2063

70,000

70,212

Pfizer,

Inc.

3.60%,

9/15/2028

(a)

55,000

52,892

2.63%,

4/01/2030

50,000

44,218

4.00%,

12/15/2036

139,000

128,733

2.55%,

5/28/2040

125,000

91,144

4.13%,

12/15/2046

20,000

17,803

4.00%,

3/15/2049

25,000

22,014

Pharmacia

LLC,

6.60%,

12/01/2028

50,000

54,001

Philip

Morris

International,

Inc.

0.88%,

5/01/2026

50,000

44,739

4.88%,

2/15/2028

100,000

98,999

2.10%,

5/01/2030

100,000

82,628

4.13%,

3/04/2043

50,000

40,705

4.25%,

11/10/2044

80,000

66,314

Piedmont

Healthcare,

Inc.,

Series

2032,

2.04%,

1/01/2032

50,000

39,109

Pilgrim's

Pride

Corp.,

6.25%,

7/01/2033

15,000

14,898

Procter

&

Gamble

Co.

(The)

2.80%,

3/25/2027

35,000

32,903

2.85%,

8/11/2027

50,000

46,856

3.00%,

3/25/2030

(a)

20,000

18,411

1.20%,

10/29/2030

113,000

91,098

3.50%,

10/25/2047

50,000

41,493

Quest

Diagnostics,

Inc.,

3.45%,

6/01/2026

50,000

47,864

Regeneron

Pharmaceuticals,

Inc.

1.75%,

9/15/2030

45,000

35,939

2.80%,

9/15/2050

50,000

31,720

Revvity,

Inc.

3.30%,

9/15/2029

50,000

44,864

2.55%,

3/15/2031

50,000

41,223

42

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Reynolds

American,

Inc.

6.15%,

9/15/2043

25,000

23,623

5.85%,

8/15/2045

50,000

44,668

Royalty

Pharma

PLC,

3.30%,

9/02/2040

400,000

282,709

RWJ

Barnabas

Health,

Inc.,

3.48%,

7/01/2049

50,000

37,817

S&P

Global,

Inc.

2.45%,

3/01/2027

50,000

46,164

2.70%,

3/01/2029

50,000

45,011

4.25%,

5/01/2029

50,000

48,663

1.25%,

8/15/2030

10,000

7,902

2.90%,

3/01/2032

100,000

86,424

3.90%,

3/01/2062

100,000

81,674

Seattle

Children's

Hospital,

Series

2021,

2.72%,

10/01/2050

25,000

16,145

Sharp

HealthCare,

Series

20B,

2.68%,

8/01/2050

45,000

28,784

Shire

Acquisitions

Investments

Ireland

DAC,

3.20%,

9/23/2026

55,000

51,654

Smith

&

Nephew

PLC,

2.03%,

10/14/2030

45,000

36,260

STERIS

Irish

FinCo

UnLtd.

Co.,

2.70%,

3/15/2031

150,000

125,329

Stryker

Corp.,

3.38%,

11/01/2025

40,000

38,412

Sutter

Health

Series

20A,

3.16%,

8/15/2040

40,000

30,167

Series

2018,

4.09%,

8/15/2048

190,000

155,159

SYSCO

Corp.

5.95%,

4/01/2030

50,000

52,166

4.85%,

10/01/2045

15,000

13,234

3.30%,

2/15/2050

20,000

14,305

6.60%,

4/01/2050

20,000

22,715

Texas

Health

Resources,

4.33%,

11/15/2055

35,000

30,467

Thermo

Fisher

Scientific,

Inc.

4.95%,

11/21/2032

100,000

101,218

4.10%,

8/15/2047

25,000

21,989

Trinity

Health

Corp.,

Series

2021,

2.63%,

12/01/2040

45,000

31,509

Trustees

of

Princeton

University

(The),

Series

2020,

2.52%,

7/01/2050

75,000

50,541

Trustees

of

The

University

of

Pennsylvania

(The),

3.61%,

2/15/2119

10,000

7,100

Tyson

Foods,

Inc.

3.95%,

8/15/2024

50,000

49,104

4.00%,

3/01/2026

150,000

145,314

Unilever

Capital

Corp.,

2.00%,

7/28/2026

100,000

92,604

UnitedHealth

Group,

Inc.

3.75%,

7/15/2025

33,000

32,166

3.70%,

12/15/2025

28,000

27,125

3.10%,

3/15/2026

40,000

38,256

4.25%,

1/15/2029

50,000

48,741

2.88%,

8/15/2029

25,000

22,662

2.30%,

5/15/2031

35,000

29,467

4.20%,

5/15/2032

50,000

47,600

4.50%,

4/15/2033

25,000

24,349

4.63%,

7/15/2035

96,000

93,975

5.80%,

3/15/2036

22,000

23,589

6.50%,

6/15/2037

150,000

169,399

6.88%,

2/15/2038

67,000

78,857

5.95%,

2/15/2041

30,000

32,191

3.05%,

5/15/2041

10,000

7,629

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

4.63%,

11/15/2041

17,000

15,820

3.95%,

10/15/2042

50,000

42,779

4.20%,

1/15/2047

50,000

43,738

3.75%,

10/15/2047

50,000

40,535

4.25%,

6/15/2048

18,000

15,714

4.45%,

12/15/2048

10,000

8,990

3.25%,

5/15/2051

10,000

7,356

5.05%,

4/15/2053

30,000

29,558

3.88%,

8/15/2059

15,000

12,000

4.95%,

5/15/2062

35,000

33,446

5.20%,

4/15/2063

150,000

147,355

Universal

Health

Services,

Inc.

1.65%,

9/01/2026

50,000

44,178

2.65%,

1/15/2032

45,000

35,382

University

of

Chicago

(The)

Series

20B,

2.76%,

4/01/2045

50,000

38,136

4.00%,

10/01/2053

50,000

43,052

University

of

Southern

California

Series

2017,

3.84%,

10/01/2047

25,000

21,396

5.25%,

10/01/2111

25,000

24,525

UPMC,

5.04%,

5/15/2033

10,000

9,848

Utah

Acquisition

Sub,

Inc.,

3.95%,

6/15/2026

143,000

135,685

Verisk

Analytics,

Inc.,

5.50%,

6/15/2045

50,000

46,938

Viatris,

Inc.,

4.00%,

6/22/2050

10,000

6,763

Washington

University

(The)

Series

2022,

3.52%,

4/15/2054

25,000

19,948

4.35%,

4/15/2122

25,000

20,446

William

Marsh

Rice

University,

3.57%,

5/15/2045

15,000

12,416

Wyeth

LLC

6.50%,

2/01/2034

25,000

28,113

5.95%,

4/01/2037

50,000

54,251

Yale

University,

Series

2020,

2.40%,

4/15/2050

50,000

32,282

Zimmer

Biomet

Holdings,

Inc.

3.05%,

1/15/2026

15,000

14,227

5.75%,

11/30/2039

35,000

34,543

Zoetis,

Inc.

3.90%,

8/20/2028

40,000

38,412

4.70%,

2/01/2043

100,000

92,434

4.45%,

8/20/2048

25,000

22,153

20,735,629

Energy

–

1.8%

Apache

Corp.

4.25%,

1/15/2030

10,000

9,082

6.00%,

1/15/2037

10,000

9,446

5.10%,

9/01/2040

25,000

21,226

Baker

Hughes

Holdings

LLC,

5.13%,

9/15/2040

34,000

32,953

Baker

Hughes

Holdings

LLC

/

Baker

Hughes

Co.-Obligor,

Inc.,

3.34%,

12/15/2027

100,000

93,412

Boardwalk

Pipelines

LP

5.95%,

6/01/2026

95,000

95,459

3.40%,

2/15/2031

15,000

12,963

BP

Capital

Markets

America,

Inc.

3.80%,

9/21/2025

24,000

23,376

3.12%,

5/04/2026

25,000

23,836

3.59%,

4/14/2027

30,000

28,758

43

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Energy

–

1.8%

(continued)

3.63%,

4/06/2030

10,000

9,315

1.75%,

8/10/2030

10,000

8,180

4.81%,

2/13/2033

50,000

49,185

4.89%,

9/11/2033

25,000

24,703

2.77%,

11/10/2050

65,000

42,666

2.94%,

6/04/2051

104,000

70,505

BP

Capital

Markets

PLC,

3.28%,

9/19/2027

230,000

217,194

Canadian

Natural

Resources

Ltd.

2.95%,

7/15/2030

186,000

160,315

7.20%,

1/15/2032

15,000

16,432

Cenovus

Energy,

Inc.

5.25%,

6/15/2037

70,000

65,039

6.75%,

11/15/2039

5,000

5,271

Cheniere

Corpus

Christi

Holdings

LLC

5.88%,

3/31/2025

60,000

60,014

2.74%,

12/31/2039

50,000

39,450

Cheniere

Energy

Partners

LP,

5.95%,

6/30/2033

(b)

25,000

25,296

Chevron

Corp.,

3.08%,

5/11/2050

100,000

73,495

ConocoPhillips

Co.

5.30%,

5/15/2053

20,000

20,234

4.03%,

3/15/2062

100,000

80,477

Coterra

Energy,

Inc.,

4.38%,

3/15/2029

50,000

47,199

DCP

Midstream

Operating

LP,

5.60%,

4/01/2044

50,000

47,488

Devon

Energy

Corp.

5.85%,

12/15/2025

70,000

70,466

4.50%,

1/15/2030

100,000

94,757

4.75%,

5/15/2042

25,000

21,454

Diamondback

Energy,

Inc.

3.25%,

12/01/2026

115,000

108,464

6.25%,

3/15/2033

30,000

31,340

4.40%,

3/24/2051

100,000

79,973

Enbridge

Energy

Partners

LP,

5.88%,

10/15/2025

25,000

25,168

Enbridge,

Inc.

4.25%,

12/01/2026

130,000

125,904

5.50%,

12/01/2046

55,000

52,295

Energy

Transfer

LP

2.90%,

5/15/2025

75,000

71,556

5.95%,

12/01/2025

50,000

50,244

3.90%,

7/15/2026

85,000

81,354

5.50%,

6/01/2027

108,000

108,023

4.90%,

3/15/2035

98,000

90,375

6.50%,

2/01/2042

25,000

25,388

5.95%,

10/01/2043

25,000

23,557

5.30%,

4/01/2044

100,000

87,235

5.35%,

5/15/2045

50,000

43,590

5.00%,

5/15/2050

50,000

42,270

Enterprise

Products

Operating

LLC

2.80%,

1/31/2030

50,000

43,884

4.85%,

8/15/2042

20,000

18,390

4.45%,

2/15/2043

40,000

35,040

4.85%,

3/15/2044

30,000

27,455

4.25%,

2/15/2048

85,000

71,501

4.20%,

1/31/2050

50,000

41,455

3.70%,

1/31/2051

50,000

37,974

4.95%,

10/15/2054

25,000

22,745

3.95%,

1/31/2060

10,000

7,632

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Energy

–

1.8%

(continued)

EOG

Resources,

Inc.,

4.15%,

1/15/2026

50,000

49,162

EQT

Corp.,

5.00%,

1/15/2029

44,000

41,739

Equinor

ASA

3.25%,

11/10/2024

25,000

24,325

1.75%,

1/22/2026

110,000

101,731

3.00%,

4/06/2027

50,000

46,819

4.25%,

11/23/2041

70,000

62,807

3.70%,

4/06/2050

100,000

80,422

Exxon

Mobil

Corp.

2.28%,

8/16/2026

40,000

37,180

4.23%,

3/19/2040

25,000

22,878

3.10%,

8/16/2049

10,000

7,254

4.33%,

3/19/2050

110,000

98,467

3.45%,

4/15/2051

188,000

144,388

Halliburton

Co.

4.85%,

11/15/2035

30,000

28,320

4.50%,

11/15/2041

25,000

21,409

5.00%,

11/15/2045

10,000

9,163

Hess

Corp.

4.30%,

4/01/2027

100,000

96,510

7.88%,

10/01/2029

30,000

33,359

7.30%,

8/15/2031

25,000

27,512

7.13%,

3/15/2033

20,000

21,950

6.00%,

1/15/2040

25,000

24,963

Kinder

Morgan

Energy

Partners

LP

7.75%,

3/15/2032

150,000

168,704

5.00%,

8/15/2042

35,000

29,737

5.00%,

3/01/2043

100,000

86,790

Kinder

Morgan,

Inc.

1.75%,

11/15/2026

170,000

152,198

4.80%,

2/01/2033

(a)

50,000

47,431

3.25%,

8/01/2050

35,000

22,656

3.60%,

2/15/2051

20,000

13,936

Magellan

Midstream

Partners

LP

4.25%,

9/15/2046

50,000

37,043

4.20%,

10/03/2047

100,000

74,357

Marathon

Oil

Corp.

6.80%,

3/15/2032

50,000

52,693

6.60%,

10/01/2037

25,000

25,752

5.20%,

6/01/2045

25,000

21,627

Marathon

Petroleum

Corp.

3.80%,

4/01/2028

88,000

82,693

6.50%,

3/01/2041

10,000

10,372

4.75%,

9/15/2044

50,000

42,241

4.50%,

4/01/2048

10,000

7,941

MPLX

LP

4.88%,

6/01/2025

75,000

74,005

1.75%,

3/01/2026

15,000

13,696

4.13%,

3/01/2027

50,000

48,096

4.95%,

9/01/2032

100,000

95,661

5.00%,

3/01/2033

50,000

48,020

5.20%,

3/01/2047

35,000

31,112

5.20%,

12/01/2047

25,000

22,009

5.50%,

2/15/2049

25,000

22,909

5.65%,

3/01/2053

50,000

46,917

4.90%,

4/15/2058

10,000

8,162

NOV,

Inc.,

3.60%,

12/01/2029

30,000

26,878

44

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Energy

–

1.8%

(continued)

Occidental

Petroleum

Corp.

2.90%,

8/15/2024

10,000

9,725

5.88%,

9/01/2025

10,000

10,029

5.50%,

12/01/2025

(a)

10,000

9,960

5.55%,

3/15/2026

15,000

14,916

8.50%,

7/15/2027

10,000

10,848

6.38%,

9/01/2028

10,000

10,264

8.88%,

7/15/2030

15,000

17,396

6.63%,

9/01/2030

25,000

26,218

6.13%,

1/01/2031

20,000

20,469

7.50%,

5/01/2031

15,000

16,507

7.88%,

9/15/2031

10,000

11,247

6.45%,

9/15/2036

30,000

31,488

6.20%,

3/15/2040

10,000

10,098

6.60%,

3/15/2046

20,000

21,197

ONEOK

Partners

LP,

6.20%,

9/15/2043

15,000

14,746

ONEOK,

Inc.

4.35%,

3/15/2029

25,000

23,374

6.35%,

1/15/2031

100,000

103,075

Ovintiv

Exploration,

Inc.,

5.38%,

1/01/2026

100,000

99,315

Ovintiv,

Inc.

5.65%,

5/15/2025

10,000

9,986

5.65%,

5/15/2028

10,000

9,941

7.20%,

11/01/2031

50,000

52,663

6.25%,

7/15/2033

10,000

10,094

Phillips

66

Co.

3.55%,

10/01/2026

10,000

9,433

3.90%,

3/15/2028

20,000

19,035

3.15%,

12/15/2029

10,000

8,832

2.15%,

12/15/2030

5,000

4,088

4.65%,

11/15/2034

50,000

47,559

4.68%,

2/15/2045

10,000

8,576

4.90%,

10/01/2046

10,000

8,815

Pioneer

Natural

Resources

Co.,

2.15%,

1/15/2031

50,000

40,939

Plains

All

American

Pipeline

LP

/

PAA

Finance

Corp.

3.80%,

9/15/2030

50,000

44,780

5.15%,

6/01/2042

40,000

33,857

Sabine

Pass

Liquefaction

LLC

5.63%,

3/01/2025

50,000

49,891

5.00%,

3/15/2027

125,000

123,895

Schlumberger

Investment

SA

4.50%,

5/15/2028

10,000

9,880

2.65%,

6/26/2030

45,000

39,363

4.85%,

5/15/2033

10,000

9,909

Shell

International

Finance

BV

3.25%,

5/11/2025

100,000

96,881

3.88%,

11/13/2028

200,000

193,838

6.38%,

12/15/2038

50,000

56,199

4.38%,

5/11/2045

160,000

143,683

3.75%,

9/12/2046

35,000

28,425

3.13%,

11/07/2049

35,000

25,257

Spectra

Energy

Partners

LP,

4.50%,

3/15/2045

45,000

37,343

Suncor

Energy,

Inc.

6.50%,

6/15/2038

50,000

52,118

3.75%,

3/04/2051

35,000

25,650

Targa

Resources

Corp.,

6.50%,

2/15/2053

100,000

103,124

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Energy

–

1.8%

(continued)

TC

PipeLines

LP

4.38%,

3/13/2025

200,000

194,544

3.90%,

5/25/2027

25,000

23,758

Teck

Resources

Ltd.,

6.13%,

10/01/2035

150,000

150,779

Texas

Eastern

Transmission

LP,

7.00%,

7/15/2032

25,000

27,794

Tosco

Corp.,

8.13%,

2/15/2030

50,000

58,079

TotalEnergies

Capital

International

SA

2.43%,

1/10/2025

10,000

9,617

3.46%,

2/19/2029

10,000

9,340

2.99%,

6/29/2041

100,000

75,223

TransCanada

PipeLines

Ltd.

4.88%,

1/15/2026

25,000

24,712

4.63%,

3/01/2034

122,000

111,664

5.85%,

3/15/2036

50,000

49,991

4.75%,

5/15/2038

80,000

71,124

5.00%,

10/16/2043

35,000

31,245

Transcontinental

Gas

Pipe

Line

Co.

LLC

4.00%,

3/15/2028

53,000

50,104

3.25%,

5/15/2030

15,000

13,366

4.45%,

8/01/2042

35,000

29,755

Valero

Energy

Corp.,

4.35%,

6/01/2028

250,000

241,149

Western

Midstream

Operating

LP

4.05%,

2/01/2030

50,000

45,448

6.15%,

4/01/2033

50,000

50,796

5.50%,

8/15/2048

50,000

43,050

Williams

Cos.,

Inc.

(The)

4.65%,

8/15/2032

100,000

95,421

6.30%,

4/15/2040

30,000

31,421

4.90%,

1/15/2045

50,000

43,452

5.10%,

9/15/2045

100,000

90,411

8,583,621

Financial

–

8.3%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

4.45%,

10/01/2025

150,000

145,420

4.63%,

10/15/2027

210,000

200,702

3.40%,

10/29/2033

50,000

39,998

Affiliated

Managers

Group,

Inc.,

3.30%,

6/15/2030

25,000

21,202

Aflac,

Inc.,

4.75%,

1/15/2049

50,000

45,747

Air

Lease

Corp.

3.63%,

12/01/2027

50,000

46,368

2.10%,

9/01/2028

25,000

21,043

3.00%,

2/01/2030

45,000

38,022

3.13%,

12/01/2030

102,000

85,410

Alexandria

Real

Estate

Equities,

Inc.

4.90%,

12/15/2030

20,000

19,619

1.88%,

2/01/2033

100,000

73,575

3.00%,

5/18/2051

92,000

57,375

Alleghany

Corp.,

3.63%,

5/15/2030

57,000

52,763

Allstate

Corp.

(The)

5.25%,

3/30/2033

156,000

154,749

4.50%,

6/15/2043

50,000

42,919

Ally

Financial,

Inc.

6.99%,

6/13/2029

15,000

15,108

8.00%,

11/01/2031

85,000

89,375

45

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

American

Express

Co.

2.25%,

3/04/2025

331,000

314,532

4.20%,

11/06/2025

25,000

24,409

4.90%,

2/13/2026

50,000

49,652

3.13%,

5/20/2026

100,000

95,134

2.55%,

3/04/2027

238,000

217,556

American

Financial

Group,

Inc.,

4.50%,

6/15/2047

25,000

20,335

American

International

Group,

Inc.

2.50%,

6/30/2025

31,000

29,446

4.20%,

4/01/2028

25,000

24,011

3.40%,

6/30/2030

25,000

22,241

6.25%,

5/01/2036

50,000

51,916

American

Tower

Corp.

2.40%,

3/15/2025

100,000

94,861

1.60%,

4/15/2026

15,000

13,518

3.95%,

3/15/2029

46,000

42,588

2.10%,

6/15/2030

25,000

20,190

1.88%,

10/15/2030

25,000

19,673

2.70%,

4/15/2031

25,000

20,657

2.30%,

9/15/2031

25,000

19,877

3.70%,

10/15/2049

10,000

7,112

3.10%,

6/15/2050

10,000

6,453

2.95%,

1/15/2051

50,000

31,136

Ameriprise

Financial,

Inc.

3.70%,

10/15/2024

50,000

48,869

3.00%,

4/02/2025

10,000

9,604

AON

Corp.,

2.80%,

5/15/2030

55,000

47,666

AON

Corp.

/

AON

Global

Holdings

PLC,

5.00%,

9/12/2032

80,000

78,985

Arch

Capital

Group

Ltd.,

3.64%,

6/30/2050

45,000

32,959

Ares

Capital

Corp.,

3.88%,

1/15/2026

10,000

9,345

Arthur

J

Gallagher

&

Co.,

3.50%,

5/20/2051

10,000

7,118

Assurant,

Inc.

4.90%,

3/27/2028

30,000

28,995

3.70%,

2/22/2030

50,000

43,252

Athene

Holding

Ltd.,

3.95%,

5/25/2051

30,000

20,873

AvalonBay

Communities,

Inc.

2.30%,

3/01/2030

10,000

8,389

2.45%,

1/15/2031

20,000

16,754

AXIS

Specialty

Finance

LLC,

3.90%,

7/15/2029

15,000

13,737

Bain

Capital

Specialty

Finance,

Inc.

2.95%,

3/10/2026

65,000

57,885

2.55%,

10/13/2026

50,000

43,362

Banco

Santander

SA

5.29%,

8/18/2027

200,000

196,584

2.75%,

12/03/2030

200,000

156,755

Bank

of

America

Corp.

4.00%,

1/22/2025

20,000

19,486

0.98%,

9/25/2025

25,000

23,620

2.46%,

10/22/2025

25,000

24,034

1.53%,

12/06/2025

75,000

70,472

3.37%,

1/23/2026

400,000

386,047

2.02%,

2/13/2026

105,000

99,117

4.45%,

3/03/2026

50,000

48,677

3.50%,

4/19/2026

45,000

43,218

1.32%,

6/19/2026

10,000

9,197

4.83%,

7/22/2026

175,000

172,981

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

6.22%,

9/15/2026

50,000

51,168

4.25%,

10/22/2026

100,000

96,637

Series

N,

1.66%,

3/11/2027

50,000

45,093

3.56%,

4/23/2027

20,000

18,983

1.73%,

7/22/2027

25,000

22,404

3.25%,

10/21/2027

100,000

93,843

Series

L,

4.18%,

11/25/2027

30,000

28,620

3.71%,

4/24/2028

143,000

134,263

3.59%,

7/21/2028

50,000

46,648

4.95%,

7/22/2028

50,000

49,174

6.20%,

11/10/2028

200,000

205,706

4.27%,

7/23/2029

54,000

51,308

3.97%,

2/07/2030

50,000

46,495

3.19%,

7/23/2030

50,000

44,288

2.88%,

10/22/2030

200,000

173,119

2.59%,

4/29/2031

50,000

42,036

1.90%,

7/23/2031

5,000

3,982

1.92%,

10/24/2031

25,000

19,821

2.69%,

4/22/2032

15,000

12,420

2.57%,

10/20/2032

20,000

16,240

2.97%,

2/04/2033

35,000

29,232

5.02%,

7/22/2033

100,000

97,612

5.29%,

4/25/2034

85,000

84,314

2.48%,

9/21/2036

75,000

57,444

6.11%,

1/29/2037

111,000

116,659

4.24%,

4/24/2038

50,000

44,221

2.68%,

6/19/2041

10,000

7,080

5.00%,

1/21/2044

150,000

144,616

4.44%,

1/20/2048

50,000

44,454

4.33%,

3/15/2050

130,000

113,753

4.08%,

3/20/2051

160,000

133,415

Series

N,

3.48%,

3/13/2052

104,000

78,010

Bank

of

Montreal,

0.95%,

1/22/2027

120,000

107,452

Bank

of

Nova

Scotia

(The)

5.25%,

12/06/2024

250,000

248,822

5.45%,

6/12/2025

20,000

19,944

4.50%,

12/16/2025

20,000

19,391

1.05%,

3/02/2026

200,000

179,418

1.30%,

9/15/2026

75,000

66,506

5.25%,

6/12/2028

15,000

14,978

Barclays

PLC

5.83%,

5/09/2027

200,000

198,835

2.67%,

3/10/2032

50,000

39,775

7.44%,

11/02/2033

200,000

217,799

6.22%,

5/09/2034

200,000

201,809

Berkshire

Hathaway

Finance

Corp.

4.20%,

8/15/2048

127,000

114,151

4.25%,

1/15/2049

307,000

280,066

BlackRock,

Inc.

3.20%,

3/15/2027

169,000

160,980

2.40%,

4/30/2030

50,000

43,158

Blackstone

Private

Credit

Fund,

7.05%,

9/29/2025

150,000

150,739

Blackstone

Secured

Lending

Fund,

2.13%,

2/15/2027

50,000

42,315

Blue

Owl

Capital

Corp.,

2.88%,

6/11/2028

50,000

41,351

Blue

Owl

Capital

Corp.

III,

3.13%,

4/13/2027

50,000

42,489

Blue

Owl

Credit

Income

Corp.

4.70%,

2/08/2027

50,000

45,580

7.95%,

6/13/2028

(b)

10,000

10,030

46

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

Blue

Owl

Technology

Finance

Corp.,

2.50%,

1/15/2027

50,000

41,962

Boston

Properties

LP

3.65%,

2/01/2026

50,000

46,957

4.50%,

12/01/2028

75,000

69,595

3.25%,

1/30/2031

26,000

21,421

6.50%,

1/15/2034

15,000

15,184

BPCE

SA,

3.38%,

12/02/2026

250,000

233,726

Brandywine

Operating

Partnership

LP,

3.95%,

11/15/2027

25,000

20,376

Brighthouse

Financial,

Inc.,

5.63%,

5/15/2030

70,000

67,821

Brookfield

Capital

Finance

LLC,

6.09%,

6/14/2033

10,000

10,144

Brookfield

Corp.,

4.00%,

1/15/2025

50,000

48,641

Brookfield

Finance

LLC

/

Brookfield

Finance,

Inc.,

3.45%,

4/15/2050

60,000

39,811

Brookfield

Finance,

Inc.,

3.90%,

1/25/2028

50,000

46,853

Brown

&

Brown,

Inc.

4.50%,

3/15/2029

50,000

47,376

2.38%,

3/15/2031

50,000

40,438

Camden

Property

Trust,

3.35%,

11/01/2049

35,000

25,325

Canadian

Imperial

Bank

of

Commerce,

5.62%,

7/17/2026

10,000

10,046

Capital

One

Financial

Corp.

3.20%,

2/05/2025

20,000

19,165

4.20%,

10/29/2025

100,000

96,277

3.65%,

5/11/2027

40,000

37,373

6.31%,

6/08/2029

30,000

30,119

6.38%,

6/08/2034

30,000

30,278

CBOE

Global

Markets,

Inc.,

1.63%,

12/15/2030

75,000

59,423

CBRE

Services,

Inc.

4.88%,

3/01/2026

25,000

24,502

5.95%,

8/15/2034

15,000

15,139

Charles

Schwab

Corp.

(The)

3.00%,

3/10/2025

50,000

47,874

4.20%,

3/24/2025

25,000

24,454

3.63%,

4/01/2025

37,000

35,877

5.64%,

5/19/2029

20,000

20,176

2.75%,

10/01/2029

132,000

113,824

5.85%,

5/19/2034

20,000

20,584

Chubb

INA

Holdings,

Inc.

3.35%,

5/03/2026

15,000

14,413

1.38%,

9/15/2030

125,000

99,053

CI

Financial

Corp.,

3.20%,

12/17/2030

100,000

76,787

Cincinnati

Financial

Corp.,

6.92%,

5/15/2028

100,000

107,152

Citigroup,

Inc.

5.50%,

9/13/2025

75,000

74,586

3.29%,

3/17/2026

100,000

96,050

3.11%,

4/08/2026

15,000

14,362

4.45%,

9/29/2027

135,000

129,787

3.89%,

1/10/2028

50,000

47,395

4.13%,

7/25/2028

87,000

81,901

3.98%,

3/20/2030

20,000

18,547

2.98%,

11/05/2030

23,000

19,954

4.41%,

3/31/2031

40,000

37,615

2.57%,

6/03/2031

250,000

208,569

6.63%,

6/15/2032

145,000

153,147

3.06%,

1/25/2033

25,000

20,867

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

5.88%,

2/22/2033

40,000

40,704

3.79%,

3/17/2033

100,000

88,403

4.91%,

5/24/2033

180,000

174,326

6.27%,

11/17/2033

45,000

47,702

2.90%,

11/03/2042

100,000

70,782

4.65%,

7/30/2045

90,000

80,402

4.75%,

5/18/2046

15,000

12,906

4.65%,

7/23/2048

30,000

27,055

Citizens

Financial

Group,

Inc.

2.85%,

7/27/2026

105,000

95,924

2.50%,

2/06/2030

50,000

40,157

5.64%,

5/21/2037

75,000

67,564

CME

Group,

Inc.,

3.00%,

3/15/2025

117,000

113,083

CNA

Financial

Corp.,

2.05%,

8/15/2030

50,000

40,044

Commonwealth

Bank

of

Australia,

5.32%,

3/13/2026

250,000

250,943

Cooperatieve

Rabobank

UA

5.00%,

1/13/2025

250,000

248,423

3.75%,

7/21/2026

250,000

235,948

Corebridge

Financial,

Inc.

3.50%,

4/04/2025

15,000

14,414

3.65%,

4/05/2027

20,000

18,816

3.90%,

4/05/2032

20,000

17,638

4.35%,

4/05/2042

10,000

8,133

4.40%,

4/05/2052

35,000

27,999

Corporate

Office

Properties

LP,

2.00%,

1/15/2029

50,000

38,793

Crown

Castle,

Inc.

3.20%,

9/01/2024

145,000

141,036

4.45%,

2/15/2026

25,000

24,377

1.05%,

7/15/2026

43,000

37,878

2.90%,

4/01/2041

60,000

41,293

4.00%,

11/15/2049

150,000

113,296

4.15%,

7/01/2050

15,000

11,679

Deutsche

Bank

AG

3.73%,

1/14/2032

200,000

156,053

3.74%,

1/07/2033

200,000

152,177

Digital

Realty

Trust

LP

4.45%,

7/15/2028

(a)

25,000

23,758

3.60%,

7/01/2029

(a)

34,000

30,732

Discover

Financial

Services

3.95%,

11/06/2024

200,000

194,504

4.10%,

2/09/2027

40,000

37,259

Eaton

Vance

Corp.,

3.50%,

4/06/2027

50,000

46,769

Enstar

Finance

LLC,

5.75%,

9/01/2040

45,000

39,412

EPR

Properties,

4.50%,

6/01/2027

50,000

45,335

Equinix,

Inc.

2.63%,

11/18/2024

22,000

21,150

2.90%,

11/18/2026

20,000

18,444

3.90%,

4/15/2032

50,000

44,981

3.00%,

7/15/2050

50,000

32,356

2.95%,

9/15/2051

50,000

31,640

Equitable

Holdings,

Inc.,

5.00%,

4/20/2048

50,000

43,698

ERP

Operating

LP

3.38%,

6/01/2025

25,000

24,129

3.00%,

7/01/2029

20,000

17,840

4.00%,

8/01/2047

50,000

39,390

Essex

Portfolio

LP,

2.65%,

9/01/2050

50,000

28,617

47

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

Extra

Space

Storage

LP

3.50%,

7/01/2026

72,000

67,606

5.50%,

7/01/2030

10,000

9,991

Fairfax

Financial

Holdings

Ltd.,

4.63%,

4/29/2030

25,000

23,231

Fidelity

National

Financial,

Inc.,

3.40%,

6/15/2030

135,000

118,617

Fifth

Third

Bancorp

2.38%,

1/28/2025

50,000

47,438

4.77%,

7/28/2030

50,000

47,037

First

American

Financial

Corp.,

4.00%,

5/15/2030

25,000

21,862

First-Citizens

Bank

&

Trust

Co.,

2.97%,

9/27/2025

25,000

23,804

Franklin

Resources,

Inc.,

1.60%,

10/30/2030

75,000

59,165

Globe

Life,

Inc.,

2.15%,

8/15/2030

29,000

23,240

GLP

Capital

LP

/

GLP

Financing

II,

Inc.

5.30%,

1/15/2029

50,000

47,725

4.00%,

1/15/2030

140,000

122,165

3.25%,

1/15/2032

125,000

102,218

Goldman

Sachs

Group,

Inc.

(The)

3.50%,

4/01/2025

115,000

110,889

3.50%,

11/16/2026

300,000

282,961

1.09%,

12/09/2026

10,000

8,987

5.95%,

1/15/2027

100,000

101,545

3.85%,

1/26/2027

325,000

310,104

1.43%,

3/09/2027

60,000

53,781

1.54%,

9/10/2027

10,000

8,830

1.95%,

10/21/2027

50,000

44,594

2.64%,

2/24/2028

30,000

27,173

3.69%,

6/05/2028

37,000

34,853

4.22%,

5/01/2029

20,000

18,965

2.60%,

2/07/2030

50,000

42,462

2.62%,

4/22/2032

25,000

20,497

Series

D,

2.38%,

7/21/2032

20,000

15,981

2.65%,

10/21/2032

20,000

16,237

3.10%,

2/24/2033

85,000

71,611

6.75%,

10/01/2037

203,000

220,167

4.41%,

4/23/2039

25,000

22,070

6.25%,

2/01/2041

200,000

214,664

3.21%,

4/22/2042

30,000

22,226

2.91%,

7/21/2042

5,000

3,519

4.75%,

10/21/2045

50,000

45,928

Golub

Capital

BDC,

Inc.,

2.05%,

2/15/2027

50,000

42,080

Hanover

Insurance

Group,

Inc.

(The),

2.50%,

9/01/2030

25,000

19,761

Healthcare

Realty

Holdings

LP,

3.50%,

8/01/2026

5,000

4,654

Healthpeak

OP

LLC,

5.25%,

12/15/2032

100,000

98,210

Highwoods

Realty

LP

4.13%,

3/15/2028

100,000

89,814

3.05%,

2/15/2030

50,000

39,067

HSBC

Holdings

PLC

4.30%,

3/08/2026

50,000

48,506

3.00%,

3/10/2026

200,000

190,904

2.10%,

6/04/2026

50,000

46,584

6.16%,

3/09/2029

200,000

202,627

2.85%,

6/04/2031

350,000

292,256

5.40%,

8/11/2033

200,000

195,023

6.25%,

3/09/2034

(a)

200,000

206,131

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

6.33%,

3/09/2044

200,000

209,091

HSBC

USA,

Inc.,

5.63%,

3/17/2025

200,000

200,022

ING

Groep

NV

3.95%,

3/29/2027

200,000

191,045

4.25%,

3/28/2033

100,000

91,249

Intercontinental

Exchange,

Inc.

3.75%,

12/01/2025

50,000

48,555

3.10%,

9/15/2027

15,000

14,025

4.60%,

3/15/2033

25,000

24,193

2.65%,

9/15/2040

30,000

21,282

4.25%,

9/21/2048

10,000

8,680

3.00%,

6/15/2050

85,000

58,589

4.95%,

6/15/2052

10,000

9,586

3.00%,

9/15/2060

50,000

32,034

5.20%,

6/15/2062

40,000

39,234

Jefferies

Financial

Group,

Inc.,

6.25%,

1/15/2036

50,000

51,018

JPMorgan

Chase

&

Co.

3.88%,

9/10/2024

50,000

49,006

5.55%,

12/15/2025

150,000

149,642

2.08%,

4/22/2026

318,000

299,386

4.13%,

12/15/2026

50,000

48,276

1.58%,

4/22/2027

50,000

45,018

8.00%,

4/29/2027

400,000

441,987

4.25%,

10/01/2027

25,000

24,217

3.78%,

2/01/2028

250,000

237,138

4.85%,

7/25/2028

100,000

98,709

5.30%,

7/24/2029

45,000

45,124

4.45%,

12/05/2029

91,000

87,632

2.74%,

10/15/2030

35,000

30,369

4.49%,

3/24/2031

30,000

28,715

2.52%,

4/22/2031

100,000

84,637

1.76%,

11/19/2031

100,000

78,970

2.96%,

1/25/2033

30,000

25,304

4.91%,

7/25/2033

150,000

146,587

5.72%,

9/14/2033

150,000

152,156

6.40%,

5/15/2038

25,000

28,009

5.50%,

10/15/2040

85,000

88,055

3.11%,

4/22/2041

35,000

26,581

2.53%,

11/19/2041

50,000

34,501

5.40%,

1/06/2042

75,000

77,106

5.63%,

8/16/2043

116,000

119,265

4.26%,

2/22/2048

50,000

43,265

4.03%,

7/24/2048

80,000

66,421

3.11%,

4/22/2051

50,000

35,157

3.33%,

4/22/2052

90,000

66,175

Kemper

Corp.,

2.40%,

9/30/2030

25,000

19,405

KeyCorp

2.25%,

4/06/2027

40,000

34,734

4.10%,

4/30/2028

50,000

45,505

Kilroy

Realty

LP,

2.50%,

11/15/2032

100,000

70,032

Kimco

Realty

OP

LLC

3.30%,

2/01/2025

10,000

9,608

3.70%,

10/01/2049

25,000

18,017

Kite

Realty

Group

LP,

4.00%,

10/01/2026

15,000

13,655

Kite

Realty

Group

Trust,

4.75%,

9/15/2030

10,000

9,163

Kreditanstalt

Fuer

Wiederaufbau

0.50%,

9/20/2024

50,000

47,289

0.38%,

7/18/2025

70,000

64,042

48

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

0.63%,

1/22/2026

395,000

357,613

1.00%,

10/01/2026

117,000

104,897

3.75%,

2/15/2028

100,000

97,620

0.75%,

9/30/2030

50,000

39,590

4.13%,

7/15/2033

70,000

69,900

0.00%,

4/18/2036

(c)

225,000

131,822

Landwirtschaftliche

Rentenbank

2.00%,

1/13/2025

50,000

47,715

2.38%,

6/10/2025

40,000

38,049

Series

44,

3.88%,

6/14/2028

50,000

49,109

0.88%,

9/03/2030

50,000

39,772

Lazard

Group

LLC,

4.50%,

9/19/2028

20,000

18,964

Legg

Mason,

Inc.,

4.75%,

3/15/2026

25,000

24,664

Lincoln

National

Corp.

3.05%,

1/15/2030

25,000

20,898

3.40%,

3/01/2032

50,000

40,602

4.35%,

3/01/2048

45,000

32,821

Lloyds

Banking

Group

PLC

4.65%,

3/24/2026

200,000

192,693

4.72%,

8/11/2026

200,000

195,841

M&T

Bank

Corp.,

4.55%,

8/16/2028

100,000

94,733

Main

Street

Capital

Corp.,

3.00%,

7/14/2026

25,000

22,338

Manulife

Financial

Corp.

4.15%,

3/04/2026

25,000

24,355

4.06%,

2/24/2032

195,000

182,863

5.38%,

3/04/2046

50,000

49,347

Markel

Group,

Inc.,

5.00%,

4/05/2046

50,000

43,927

Marsh

&

McLennan

Cos.,

Inc.

2.25%,

11/15/2030

50,000

41,666

2.38%,

12/15/2031

50,000

40,939

4.75%,

3/15/2039

25,000

23,499

2.90%,

12/15/2051

50,000

33,402

Mastercard,

Inc.

3.30%,

3/26/2027

15,000

14,345

3.85%,

3/26/2050

10,000

8,536

MetLife,

Inc.

6.50%,

12/15/2032

(a)

50,000

54,965

5.38%,

7/15/2033

20,000

20,210

4.05%,

3/01/2045

15,000

12,547

MID-America

Apartments

LP

4.00%,

11/15/2025

30,000

29,188

1.10%,

9/15/2026

50,000

44,059

3.60%,

6/01/2027

45,000

42,557

Mitsubishi

UFJ

Financial

Group,

Inc.

3.96%,

3/02/2028

100,000

95,311

5.35%,

9/13/2028

285,000

283,560

5.47%,

9/13/2033

200,000

199,984

5.41%,

4/19/2034

200,000

198,872

3.75%,

7/18/2039

200,000

168,752

Mizuho

Financial

Group,

Inc.

4.25%,

9/11/2029

75,000

70,226

2.59%,

5/25/2031

50,000

41,324

Morgan

Stanley

4.00%,

7/23/2025

322,000

313,740

5.00%,

11/24/2025

50,000

49,421

2.19%,

4/28/2026

100,000

94,121

4.68%,

7/17/2026

175,000

171,704

3.13%,

7/27/2026

50,000

47,006

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

0.99%,

12/10/2026

295,000

263,932

3.63%,

1/20/2027

150,000

142,227

3.95%,

4/23/2027

50,000

47,600

1.51%,

7/20/2027

40,000

35,563

3.59%,

7/22/2028

95,000

88,407

3.77%,

1/24/2029

50,000

46,783

5.16%,

4/20/2029

45,000

44,534

5.45%,

7/20/2029

40,000

40,113

4.43%,

1/23/2030

125,000

119,307

3.62%,

4/01/2031

45,000

40,445

7.25%,

4/01/2032

200,000

229,364

1.93%,

4/28/2032

125,000

97,659

2.24%,

7/21/2032

15,000

11,932

2.51%,

10/20/2032

15,000

12,097

2.94%,

1/21/2033

25,000

20,794

4.89%,

7/20/2033

50,000

48,036

6.34%,

10/18/2033

50,000

53,187

5.25%,

4/21/2034

207,000

204,222

5.30%,

4/20/2037

50,000

47,363

4.46%,

4/22/2039

160,000

144,139

4.38%,

1/22/2047

25,000

22,336

NASDAQ,

Inc.

3.85%,

6/30/2026

33,000

31,873

1.65%,

1/15/2031

(a)

50,000

39,212

3.25%,

4/28/2050

25,000

16,973

6.10%,

6/28/2063

50,000

50,441

National

Australia

Bank

Ltd.,

5.20%,

5/13/2025

250,000

249,399

National

Health

Investors,

Inc.,

3.00%,

2/01/2031

35,000

27,376

NatWest

Group

PLC

7.47%,

11/10/2026

200,000

206,327

5.08%,

1/27/2030

50,000

47,867

Northern

Trust

Corp.

3.15%,

5/03/2029

25,000

22,880

3.38%,

5/08/2032

50,000

44,978

OMEGA

Healthcare

Investors,

Inc.

4.50%,

4/01/2027

15,000

14,203

4.75%,

1/15/2028

25,000

23,375

3.63%,

10/01/2029

75,000

63,116

ORIX

Corp.

5.00%,

9/13/2027

50,000

49,572

4.00%,

4/13/2032

200,000

183,378

PartnerRe

Finance

B

LLC,

3.70%,

7/02/2029

50,000

45,212

Physicians

Realty

LP,

3.95%,

1/15/2028

25,000

22,955

PNC

Bank

NA,

2.70%,

10/22/2029

75,000

63,352

PNC

Financial

Services

Group,

Inc.

(The)

2.20%,

11/01/2024

35,000

33,506

5.81%,

6/12/2026

15,000

15,019

2.60%,

7/23/2026

180,000

167,202

4.76%,

1/26/2027

200,000

196,561

5.58%,

6/12/2029

45,000

45,071

4.63%,

6/06/2033

50,000

45,869

Principal

Financial

Group,

Inc.

3.10%,

11/15/2026

44,000

40,844

4.30%,

11/15/2046

50,000

39,985

Private

Export

Funding

Corp.,

Series

PP,

1.40%,

7/15/2028

50,000

43,235

Progressive

Corp.

(The),

4.00%,

3/01/2029

10,000

9,652

49

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

ProLogis

LP

3.25%,

10/01/2026

49,000

46,466

2.88%,

11/15/2029

144,000

126,880

1.75%,

2/01/2031

10,000

7,985

Prospect

Capital

Corp.

3.36%,

11/15/2026

40,000

34,650

3.44%,

10/15/2028

25,000

19,841

Prudential

Financial,

Inc.

3.88%,

3/27/2028

51,000

49,024

5.38%,

5/15/2045

50,000

49,433

4.35%,

2/25/2050

165,000

141,508

Radian

Group,

Inc.,

4.88%,

3/15/2027

50,000

47,745

Raymond

James

Financial,

Inc.

4.65%,

4/01/2030

20,000

19,571

4.95%,

7/15/2046

33,000

29,654

Realty

Income

Corp.

3.88%,

4/15/2025

94,000

91,535

3.00%,

1/15/2027

50,000

46,539

4.90%,

7/15/2033

10,000

9,660

4.65%,

3/15/2047

50,000

44,720

Regency

Centers

LP

2.95%,

9/15/2029

25,000

21,591

3.70%,

6/15/2030

10,000

8,996

4.40%,

2/01/2047

25,000

19,898

Reinsurance

Group

of

America,

Inc.,

3.90%,

5/15/2029

150,000

137,227

RenaissanceRe

Finance,

Inc.,

3.45%,

7/01/2027

75,000

69,959

RenaissanceRe

Holdings

Ltd.,

5.75%,

6/05/2033

15,000

14,794

Rexford

Industrial

Realty

LP,

2.15%,

9/01/2031

50,000

38,884

Royal

Bank

of

Canada

2.25%,

11/01/2024

100,000

96,036

1.15%,

6/10/2025

153,000

141,705

6.00%,

11/01/2027

200,000

205,953

Series

G,

5.20%,

8/01/2028

20,000

19,974

Series

G,

5.00%,

2/01/2033

50,000

49,056

Sabra

Health

Care

LP

5.13%,

8/15/2026

100,000

96,258

3.90%,

10/15/2029

50,000

41,709

3.20%,

12/01/2031

50,000

38,389

Safehold

GL

Holdings

LLC,

2.80%,

6/15/2031

60,000

46,733

Santander

Holdings

USA,

Inc.

3.24%,

10/05/2026

275,000

252,033

6.50%,

3/09/2029

50,000

50,210

6.57%,

6/12/2029

10,000

9,980

Santander

UK

Group

Holdings

PLC

1.67%,

6/14/2027

50,000

43,792

2.90%,

3/15/2032

125,000

101,477

Santander

UK

PLC,

2.88%,

6/18/2024

150,000

145,836

Simon

Property

Group

LP

3.50%,

9/01/2025

72,000

69,391

3.25%,

11/30/2026

34,000

31,935

3.38%,

6/15/2027

23,000

21,548

2.45%,

9/13/2029

100,000

84,967

2.20%,

2/01/2031

76,000

61,276

5.50%,

3/08/2033

30,000

30,008

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

4.75%,

3/15/2042

20,000

17,370

Sixth

Street

Specialty

Lending,

Inc.,

2.50%,

8/01/2026

50,000

44,155

Spirit

Realty

LP

4.45%,

9/15/2026

50,000

47,645

4.00%,

7/15/2029

15,000

13,424

3.20%,

2/15/2031

10,000

8,190

2.70%,

2/15/2032

25,000

19,234

State

Street

Corp.

2.90%,

3/30/2026

50,000

47,829

2.20%,

3/03/2031

145,000

117,294

4.16%,

8/04/2033

50,000

46,161

Stewart

Information

Services

Corp.,

3.60%,

11/15/2031

125,000

94,984

STORE

Capital

Corp.

4.50%,

3/15/2028

30,000

26,487

4.63%,

3/15/2029

35,000

29,872

2.70%,

12/01/2031

28,000

19,536

Sumitomo

Mitsui

Financial

Group,

Inc.

0.95%,

1/12/2026

251,000

224,682

2.63%,

7/14/2026

45,000

41,655

3.45%,

1/11/2027

40,000

37,507

5.52%,

1/13/2028

200,000

200,949

2.14%,

9/23/2030

45,000

35,898

5.78%,

7/13/2033

200,000

205,313

6.18%,

7/13/2043

20,000

20,867

Sun

Communities

Operating

LP,

5.70%,

1/15/2033

75,000

73,934

Synchrony

Financial

4.50%,

7/23/2025

50,000

47,851

3.70%,

8/04/2026

90,000

82,404

Tanger

Properties

LP,

2.75%,

9/01/2031

50,000

37,334

Toronto-Dominion

Bank

(The)

1.25%,

12/13/2024

75,000

70,752

4.69%,

9/15/2027

100,000

98,138

5.52%,

7/17/2028

20,000

20,221

3.20%,

3/10/2032

100,000

86,232

4.46%,

6/08/2032

25,000

23,538

Travelers

Cos.,

Inc.

(The),

5.35%,

11/01/2040

25,000

25,373

Travelers

Property

Casualty

Corp.,

6.38%,

3/15/2033

15,000

16,532

Truist

Bank,

3.30%,

5/15/2026

217,000

201,832

Truist

Financial

Corp.

2.50%,

8/01/2024

30,000

29,059

4.26%,

7/28/2026

50,000

48,425

6.05%,

6/08/2027

25,000

25,033

4.87%,

1/26/2029

250,000

241,722

5.87%,

6/08/2034

30,000

30,255

UBS

Group

AG

4.55%,

4/17/2026

350,000

339,287

4.88%,

5/15/2045

50,000

44,964

UDR,

Inc.

2.95%,

9/01/2026

40,000

36,831

Series

G,

3.50%,

1/15/2028

50,000

45,771

3.00%,

8/15/2031

50,000

42,295

2.10%,

8/01/2032

25,000

18,906

Unum

Group,

4.50%,

12/15/2049

10,000

7,737

50

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

US

Bancorp

3.60%,

9/11/2024

115,000

112,429

1.45%,

5/12/2025

(a)

40,000

37,412

Series

V,

2.38%,

7/22/2026

45,000

41,682

4.55%,

7/22/2028

100,000

96,232

5.78%,

6/12/2029

30,000

30,140

1.38%,

7/22/2030

50,000

38,477

4.97%,

7/22/2033

100,000

92,260

5.84%,

6/12/2034

(a)

30,000

30,428

Ventas

Realty

LP

3.85%,

4/01/2027

40,000

37,537

3.00%,

1/15/2030

15,000

12,836

4.38%,

2/01/2045

15,000

11,807

4.88%,

4/15/2049

10,000

8,479

Visa,

Inc.

3.15%,

12/14/2025

25,000

23,980

1.90%,

4/15/2027

125,000

113,674

4.15%,

12/14/2035

50,000

47,575

2.70%,

4/15/2040

25,000

19,061

4.30%,

12/14/2045

100,000

92,727

Voya

Financial,

Inc.

5.70%,

7/15/2043

50,000

47,680

4.80%,

6/15/2046

50,000

40,394

W.P.

Carey,

Inc.,

4.25%,

10/01/2026

35,000

33,568

Wachovia

Corp.,

5.50%,

8/01/2035

35,000

34,294

Wells

Fargo

&

Co.

3.55%,

9/29/2025

25,000

24,048

2.41%,

10/30/2025

50,000

47,889

2.19%,

4/30/2026

15,000

14,115

4.10%,

6/03/2026

100,000

96,014

4.54%,

8/15/2026

255,000

249,440

3.00%,

10/23/2026

10,000

9,328

3.20%,

6/17/2027

45,000

42,130

3.58%,

5/22/2028

150,000

140,058

2.39%,

6/02/2028

90,000

80,512

4.81%,

7/25/2028

50,000

48,757

4.15%,

1/24/2029

20,000

18,966

5.57%,

7/25/2029

75,000

75,411

Series

B,

7.95%,

11/15/2029

15,000

16,349

2.88%,

10/30/2030

240,000

207,665

2.57%,

2/11/2031

125,000

105,601

4.90%,

7/25/2033

125,000

119,736

5.39%,

4/24/2034

65,000

64,506

3.07%,

4/30/2041

80,000

58,631

5.38%,

11/02/2043

160,000

150,806

5.61%,

1/15/2044

150,000

145,096

Series

G,

4.90%,

11/17/2045

30,000

26,396

4.75%,

12/07/2046

20,000

17,124

5.01%,

4/04/2051

120,000

111,917

Welltower

OP

LLC

4.13%,

3/15/2029

25,000

23,374

2.75%,

1/15/2031

115,000

95,679

Western

Union

Co.

(The)

2.85%,

1/10/2025

65,000

62,059

1.35%,

3/15/2026

50,000

44,627

2.75%,

3/15/2031

25,000

19,742

Westpac

Banking

Corp.

1.15%,

6/03/2026

40,000

35,812

1.95%,

11/20/2028

200,000

171,859

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Financial

–

8.3%

(continued)

2.89%,

2/04/2030

25,000

23,508

5.41%,

8/10/2033

25,000

23,740

4.11%,

7/24/2034

50,000

43,798

2.67%,

11/15/2035

45,000

34,616

3.02%,

11/18/2036

50,000

38,355

2.96%,

11/16/2040

41,000

27,207

Weyerhaeuser

Co.

4.75%,

5/15/2026

15,000

14,810

4.00%,

4/15/2030

15,000

13,824

Willis

North

America,

Inc.,

5.35%,

5/15/2033

15,000

14,598

WP

Carey,

Inc.,

3.85%,

7/15/2029

25,000

22,662

XL

Group

Ltd.,

5.25%,

12/15/2043

25,000

24,239

38,920,948

Industrial

–

2.0%

3M

Co.

2.88%,

10/15/2027

(a)

122,000

112,627

3.05%,

4/15/2030

(a)

29,000

26,037

3.63%,

10/15/2047

(a)

50,000

38,252

3.25%,

8/26/2049

(a)

10,000

7,316

Agilent

Technologies,

Inc.

2.75%,

9/15/2029

50,000

43,707

2.30%,

3/12/2031

47,000

38,621

Allegion

US

Holding

Co.,

Inc.,

3.55%,

10/01/2027

90,000

83,737

Amcor

Finance

USA,

Inc.,

3.63%,

4/28/2026

25,000

23,679

Amphenol

Corp.,

2.80%,

2/15/2030

20,000

17,537

Avnet,

Inc.,

5.50%,

6/01/2032

50,000

47,708

Berry

Global,

Inc.,

1.65%,

1/15/2027

25,000

21,741

Boeing

Co.

(The)

4.88%,

5/01/2025

10,000

9,879

2.20%,

2/04/2026

25,000

23,071

3.25%,

2/01/2028

134,000

123,317

2.95%,

2/01/2030

10,000

8,747

5.15%,

5/01/2030

10,000

9,918

6.13%,

2/15/2033

105,000

109,914

3.60%,

5/01/2034

90,000

77,233

3.25%,

2/01/2035

45,000

36,672

6.63%,

2/15/2038

25,000

26,648

3.63%,

3/01/2048

25,000

17,800

3.85%,

11/01/2048

50,000

37,179

5.81%,

5/01/2050

85,000

85,509

3.83%,

3/01/2059

45,000

32,053

5.93%,

5/01/2060

25,000

24,994

Burlington

Northern

Santa

Fe

LLC

7.00%,

12/15/2025

20,000

20,807

6.15%,

5/01/2037

25,000

27,509

5.75%,

5/01/2040

20,000

20,978

4.90%,

4/01/2044

15,000

14,518

4.55%,

9/01/2044

27,000

24,802

4.70%,

9/01/2045

40,000

37,096

5.20%,

4/15/2054

35,000

35,186

Canadian

National

Railway

Co.

6.25%,

8/01/2034

25,000

27,471

4.45%,

1/20/2049

100,000

90,403

Canadian

Pacific

Railway

Co.

2.88%,

11/15/2029

43,000

38,088

4.70%,

5/01/2048

50,000

45,060

Carrier

Global

Corp.

2.72%,

2/15/2030

25,000

21,588

51

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Industrial

–

2.0%

(continued)

3.38%,

4/05/2040

20,000

15,413

3.58%,

4/05/2050

62,000

45,973

Caterpillar

Financial

Services

Corp.

4.90%,

1/17/2025

50,000

49,903

1.45%,

5/15/2025

20,000

18,733

0.90%,

3/02/2026

373,000

336,783

4.35%,

5/15/2026

20,000

19,752

Caterpillar,

Inc.

5.20%,

5/27/2041

20,000

20,602

4.75%,

5/15/2064

24,000

22,614

CNH

Industrial

Capital

LLC,

4.55%,

4/10/2028

10,000

9,699

CSX

Corp.

3.40%,

8/01/2024

15,000

14,683

3.35%,

11/01/2025

25,000

24,106

6.00%,

10/01/2036

40,000

42,187

6.22%,

4/30/2040

20,000

21,633

4.75%,

11/15/2048

13,000

11,960

3.35%,

9/15/2049

175,000

128,083

Deere

&

Co.

2.75%,

4/15/2025

10,000

9,612

5.38%,

10/16/2029

50,000

51,802

3.90%,

6/09/2042

25,000

22,488

Dover

Corp.,

5.38%,

10/15/2035

25,000

25,347

Eaton

Corp.

4.35%,

5/18/2028

10,000

9,799

4.15%,

3/15/2033

45,000

42,601

4.15%,

11/02/2042

77,000

67,520

Emerson

Electric

Co.,

1.95%,

10/15/2030

75,000

62,257

FedEx

Corp.

3.25%,

4/01/2026

50,000

47,998

4.25%,

5/15/2030

10,000

9,549

2.40%,

5/15/2031

97,000

80,929

4.90%,

1/15/2034

30,000

29,354

3.88%,

8/01/2042

75,000

60,785

4.75%,

11/15/2045

15,000

13,318

4.55%,

4/01/2046

30,000

25,796

4.40%,

1/15/2047

10,000

8,450

4.05%,

2/15/2048

50,000

40,057

Flex

Ltd.

3.75%,

2/01/2026

25,000

23,848

4.88%,

5/12/2030

75,000

72,418

Fortune

Brands

Innovations,

Inc.,

5.88%,

6/01/2033

10,000

10,107

GATX

Corp.

3.85%,

3/30/2027

50,000

46,951

4.70%,

4/01/2029

30,000

28,676

3.10%,

6/01/2051

50,000

31,570

GE

Capital

International

Funding

Co.

Unlimited

Co.,

4.42%,

11/15/2035

200,000

188,968

General

Dynamics

Corp.

3.25%,

4/01/2025

50,000

48,457

3.50%,

5/15/2025

110,000

107,023

2.13%,

8/15/2026

100,000

92,427

3.50%,

4/01/2027

40,000

38,201

4.25%,

4/01/2040

10,000

9,090

HEICO

Corp.

5.25%,

8/01/2028

10,000

9,983

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Industrial

–

2.0%

(continued)

5.35%,

8/01/2033

10,000

9,968

Hexcel

Corp.,

4.95%,

8/15/2025

294,000

286,575

Honeywell

International,

Inc.

2.30%,

8/15/2024

25,000

24,221

2.50%,

11/01/2026

50,000

46,739

4.25%,

1/15/2029

15,000

14,668

1.75%,

9/01/2031

50,000

40,023

4.50%,

1/15/2034

15,000

14,629

5.70%,

3/15/2037

17,000

17,994

3.81%,

11/21/2047

70,000

58,643

Hubbell,

Inc.,

3.15%,

8/15/2027

50,000

46,403

Huntington

Ingalls

Industries,

Inc.

3.84%,

5/01/2025

75,000

72,578

3.48%,

12/01/2027

50,000

46,135

4.20%,

5/01/2030

25,000

23,194

IDEX

Corp.,

2.63%,

6/15/2031

25,000

20,831

Illinois

Tool

Works,

Inc.

2.65%,

11/15/2026

35,000

32,869

3.90%,

9/01/2042

95,000

83,796

Jabil,

Inc.

4.25%,

5/15/2027

50,000

47,819

3.95%,

1/12/2028

10,000

9,387

Jacobs

Engineering

Group,

Inc.,

5.90%,

3/01/2033

50,000

49,373

John

Deere

Capital

Corp.

2.13%,

3/07/2025

300,000

286,310

4.95%,

6/06/2025

10,000

9,999

4.80%,

1/09/2026

150,000

149,539

4.75%,

6/08/2026

10,000

9,972

2.35%,

3/08/2027

5,000

4,592

4.95%,

7/14/2028

25,000

25,183

2.80%,

7/18/2029

50,000

44,962

2.45%,

1/09/2030

20,000

17,533

4.70%,

6/10/2030

15,000

14,919

Keysight

Technologies,

Inc.,

3.00%,

10/30/2029

60,000

52,789

Kirby

Corp.,

4.20%,

3/01/2028

65,000

61,323

L3Harris

Technologies,

Inc.

3.83%,

4/27/2025

75,000

72,827

4.40%,

6/15/2028

100,000

96,884

1.80%,

1/15/2031

50,000

39,694

Lafarge

SA,

7.13%,

7/15/2036

40,000

43,967

Lockheed

Martin

Corp.

3.55%,

1/15/2026

49,000

47,461

5.25%,

1/15/2033

100,000

103,192

3.80%,

3/01/2045

90,000

75,396

4.09%,

9/15/2052

50,000

43,168

4.15%,

6/15/2053

50,000

43,315

Martin

Marietta

Materials,

Inc.,

3.50%,

12/15/2027

25,000

23,427

Mohawk

Industries,

Inc.,

3.63%,

5/15/2030

(a)

10,000

9,013

Norfolk

Southern

Corp.

4.84%,

10/01/2041

50,000

46,245

4.15%,

2/28/2048

50,000

42,074

2.90%,

8/25/2051

100,000

65,422

Northrop

Grumman

Corp.

5.05%,

11/15/2040

20,000

19,144

4.75%,

6/01/2043

35,000

32,489

4.03%,

10/15/2047

100,000

84,254

52

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Industrial

–

2.0%

(continued)

nVent

Finance

Sarl,

2.75%,

11/15/2031

100,000

79,631

Oshkosh

Corp.,

3.10%,

3/01/2030

105,000

92,254

Otis

Worldwide

Corp.

2.29%,

4/05/2027

40,000

36,494

3.36%,

2/15/2050

50,000

36,385

Owens

Corning,

3.40%,

8/15/2026

100,000

94,463

Packaging

Corp.

of

America,

3.40%,

12/15/2027

45,000

42,027

Parker-Hannifin

Corp.

3.25%,

6/14/2029

25,000

22,754

4.50%,

9/15/2029

150,000

146,182

4.10%,

3/01/2047

70,000

58,575

Regal

Rexnord

Corp.,

6.05%,

4/15/2028

(b)

75,000

74,499

Republic

Services,

Inc.

2.30%,

3/01/2030

50,000

42,655

1.75%,

2/15/2032

20,000

15,615

3.05%,

3/01/2050

25,000

17,621

Rockwell

Automation,

Inc.,

2.80%,

8/15/2061

75,000

47,895

RTX

Corp.

3.13%,

5/04/2027

58,000

54,308

2.25%,

7/01/2030

200,000

167,323

2.38%,

3/15/2032

60,000

48,822

6.05%,

6/01/2036

20,000

21,232

4.80%,

12/15/2043

31,000

28,548

4.15%,

5/15/2045

100,000

83,373

4.63%,

11/16/2048

55,000

50,015

2.82%,

9/01/2051

100,000

64,990

5.38%,

2/27/2053

50,000

50,206

Ryder

System,

Inc.

2.50%,

9/01/2024

50,000

48,238

4.63%,

6/01/2025

72,000

70,692

5.25%,

6/01/2028

10,000

9,916

Snap-On,

Inc.,

3.25%,

3/01/2027

25,000

23,634

TD

Synnex

Corp.,

1.25%,

8/09/2024

50,000

47,512

Textron,

Inc.

4.00%,

3/15/2026

25,000

24,128

3.65%,

3/15/2027

25,000

23,530

3.38%,

3/01/2028

84,000

76,873

Trane

Technologies

Global

Holding

Co.

Ltd.,

4.30%,

2/21/2048

60,000

50,671

Tyco

Electronics

Group

SA,

3.13%,

8/15/2027

35,000

32,730

Union

Pacific

Corp.

3.00%,

4/15/2027

67,000

63,063

2.40%,

2/05/2030

25,000

21,630

3.60%,

9/15/2037

50,000

42,593

3.55%,

8/15/2039

50,000

41,491

4.05%,

3/01/2046

125,000

103,677

4.00%,

4/15/2047

100,000

83,312

4.50%,

9/10/2048

10,000

8,912

4.10%,

9/15/2067

15,000

12,319

3.75%,

2/05/2070

50,000

37,847

3.80%,

4/06/2071

50,000

37,953

3.85%,

2/14/2072

15,000

11,439

United

Parcel

Service,

Inc.

3.90%,

4/01/2025

50,000

48,972

3.05%,

11/15/2027

25,000

23,490

4.88%,

3/03/2033

167,000

168,631

5.30%,

4/01/2050

60,000

62,573

5.05%,

3/03/2053

117,000

117,791

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Industrial

–

2.0%

(continued)

Vontier

Corp.,

2.40%,

4/01/2028

35,000

29,496

Waste

Connections,

Inc.,

3.20%,

6/01/2032

150,000

130,128

Waste

Management,

Inc.

3.13%,

3/01/2025

75,000

72,574

4.10%,

3/01/2045

25,000

21,397

4.15%,

7/15/2049

15,000

13,014

2.50%,

11/15/2050

20,000

12,633

Westinghouse

Air

Brake

Technologies

Corp.,

4.95%,

9/15/2028

150,000

146,164

WRKCo,

Inc.

4.65%,

3/15/2026

75,000

72,965

4.00%,

3/15/2028

50,000

46,769

9,310,469

Technology

–

1.8%

Activision

Blizzard,

Inc.

3.40%,

9/15/2026

10,000

9,542

1.35%,

9/15/2030

30,000

24,106

4.50%,

6/15/2047

25,000

23,359

Adobe,

Inc.,

2.15%,

2/01/2027

40,000

36,790

Amdocs

Ltd.,

2.54%,

6/15/2030

65,000

54,116

Analog

Devices,

Inc.,

2.95%,

4/01/2025

10,000

9,646

Apple,

Inc.

1.80%,

9/11/2024

10,000

9,656

1.13%,

5/11/2025

15,000

14,038

3.20%,

5/13/2025

125,000

121,199

3.25%,

2/23/2026

150,000

144,557

4.42%,

5/08/2026

15,000

14,873

2.45%,

8/04/2026

300,000

281,205

3.35%,

2/09/2027

281,000

269,686

2.90%,

9/12/2027

50,000

47,000

4.00%,

5/10/2028

25,000

24,563

4.15%,

5/10/2030

10,000

9,865

1.25%,

8/20/2030

10,000

8,088

1.65%,

2/08/2031

60,000

49,483

4.30%,

5/10/2033

(a)

15,000

14,906

2.38%,

2/08/2041

60,000

43,637

3.85%,

5/04/2043

211,000

187,414

4.65%,

2/23/2046

75,000

73,539

2.65%,

5/11/2050

150,000

102,942

2.70%,

8/05/2051

100,000

69,095

4.85%,

5/10/2053

20,000

20,324

2.55%,

8/20/2060

(a)

50,000

32,511

2.80%,

2/08/2061

10,000

6,685

Applied

Materials,

Inc.

1.75%,

6/01/2030

180,000

149,174

5.10%,

10/01/2035

30,000

30,340

2.75%,

6/01/2050

10,000

6,976

AutoDesk,

Inc.,

2.85%,

1/15/2030

91,000

79,596

Broadcom,

Inc.

4.00%,

4/15/2029

(b)

50,000

46,344

2.45%,

2/15/2031

(b)

305,000

247,526

4.15%,

4/15/2032

(b)

50,000

45,121

4.93%,

5/15/2037

(b)

50,000

45,471

3.50%,

2/15/2041

(b)

5,000

3,713

3.75%,

2/15/2051

(b)

45,000

32,798

Broadridge

Financial

Solutions,

Inc.,

3.40%,

6/27/2026

60,000

56,738

CDW

LLC

/

CDW

Finance

Corp.

2.67%,

12/01/2026

50,000

45,276

53

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Technology

–

1.8%

(continued)

4.25%,

4/01/2028

50,000

46,361

3.28%,

12/01/2028

100,000

88,017

Concentrix

Corp.

6.65%,

8/02/2026

15,000

15,010

6.60%,

8/02/2028

15,000

14,841

6.85%,

8/02/2033

10,000

9,739

Dell

International

LLC

/

EMC

Corp.

4.90%,

10/01/2026

50,000

49,450

3.45%,

12/15/2051

(b)

110,000

73,641

DXC

Technology

Co.,

2.38%,

9/15/2028

30,000

25,387

Electronic

Arts,

Inc.,

1.85%,

2/15/2031

25,000

20,182

Fidelity

National

Information

Services,

Inc.,

4.50%,

7/15/2025

50,000

49,140

Fiserv,

Inc.,

4.40%,

7/01/2049

50,000

41,933

Fortinet,

Inc.,

1.00%,

3/15/2026

50,000

44,701

Hewlett

Packard

Enterprise

Co.

5.25%,

7/01/2028

10,000

9,946

6.20%,

10/15/2035

50,000

52,466

6.35%,

10/15/2045

20,000

20,926

HP,

Inc.

3.00%,

6/17/2027

100,000

92,585

6.00%,

9/15/2041

(a)

88,000

89,565

Intel

Corp.

4.88%,

2/10/2026

50,000

49,827

3.15%,

5/11/2027

30,000

28,183

4.88%,

2/10/2028

50,000

49,842

2.45%,

11/15/2029

80,000

70,046

5.13%,

2/10/2030

50,000

50,372

3.90%,

3/25/2030

150,000

141,425

4.00%,

12/15/2032

31,000

28,938

5.20%,

2/10/2033

50,000

50,526

4.10%,

5/19/2046

34,000

28,555

4.75%,

3/25/2050

150,000

134,875

5.70%,

2/10/2053

50,000

50,998

5.05%,

8/05/2062

40,000

37,174

5.90%,

2/10/2063

50,000

51,680

International

Business

Machines

Corp.

4.00%,

7/27/2025

50,000

48,936

3.45%,

2/19/2026

100,000

96,114

3.30%,

1/27/2027

100,000

94,790

1.70%,

5/15/2027

50,000

44,370

4.15%,

5/15/2039

100,000

87,207

2.85%,

5/15/2040

150,000

108,828

4.00%,

6/20/2042

25,000

21,113

Intuit,

Inc.,

1.65%,

7/15/2030

69,000

56,089

KLA

Corp.,

5.00%,

3/15/2049

50,000

48,192

Kyndryl

Holdings,

Inc.,

2.70%,

10/15/2028

50,000

41,028

LAM

Research

Corp.,

3.13%,

6/15/2060

50,000

33,345

Micron

Technology,

Inc.

5.38%,

4/15/2028

10,000

9,912

4.66%,

2/15/2030

25,000

23,694

5.88%,

2/09/2033

50,000

50,034

5.88%,

9/15/2033

15,000

14,894

Microsoft

Corp.

2.40%,

8/08/2026

195,000

182,674

3.30%,

2/06/2027

313,000

300,292

4.20%,

11/03/2035

50,000

49,003

4.50%,

10/01/2040

75,000

74,397

4.25%,

2/06/2047

40,000

38,080

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Technology

–

1.8%

(continued)

2.53%,

6/01/2050

25,000

17,058

2.92%,

3/17/2052

170,000

124,010

3.95%,

8/08/2056

125,000

110,299

3.04%,

3/17/2062

81,000

57,885

NetApp,

Inc.,

1.88%,

6/22/2025

10,000

9,347

NVIDIA

Corp.

2.85%,

4/01/2030

124,000

112,135

3.50%,

4/01/2040

20,000

17,032

3.50%,

4/01/2050

40,000

32,173

Oracle

Corp.

1.65%,

3/25/2026

50,000

45,607

2.65%,

7/15/2026

225,000

209,879

2.80%,

4/01/2027

300,000

276,778

2.95%,

4/01/2030

22,000

19,165

2.88%,

3/25/2031

10,000

8,500

6.25%,

11/09/2032

45,000

47,554

4.90%,

2/06/2033

50,000

48,362

4.30%,

7/08/2034

100,000

90,643

3.85%,

7/15/2036

125,000

104,805

3.80%,

11/15/2037

50,000

40,651

6.13%,

7/08/2039

50,000

51,441

4.50%,

7/08/2044

25,000

20,788

4.13%,

5/15/2045

200,000

157,488

4.00%,

11/15/2047

30,000

23,013

3.60%,

4/01/2050

85,000

60,470

3.95%,

3/25/2051

100,000

75,140

5.55%,

2/06/2053

50,000

47,957

4.38%,

5/15/2055

25,000

19,784

3.85%,

4/01/2060

125,000

87,056

QUALCOMM,

Inc.

2.15%,

5/20/2030

100,000

85,304

4.65%,

5/20/2035

100,000

99,440

4.80%,

5/20/2045

87,000

84,113

4.50%,

5/20/2052

10,000

9,025

ServiceNow,

Inc.,

1.40%,

9/01/2030

150,000

118,842

Take-Two

Interactive

Software,

Inc.

5.00%,

3/28/2026

10,000

9,922

4.95%,

3/28/2028

10,000

9,884

Teledyne

FLIR

LLC,

2.50%,

8/01/2030

25,000

20,735

Texas

Instruments,

Inc.

1.13%,

9/15/2026

50,000

44,847

2.25%,

9/04/2029

(a)

13,000

11,365

1.90%,

9/15/2031

50,000

41,060

4.15%,

5/15/2048

100,000

89,661

5.05%,

5/18/2063

85,000

84,015

TSMC

Arizona

Corp.,

2.50%,

10/25/2031

200,000

166,605

VMware,

Inc.

4.50%,

5/15/2025

25,000

24,478

1.40%,

8/15/2026

50,000

44,295

Western

Digital

Corp.,

3.10%,

2/01/2032

100,000

73,569

Xilinx,

Inc.,

2.38%,

6/01/2030

35,000

30,181

8,393,582

Utilities

–

2.3%

AEP

Texas,

Inc.,

Series

I,

2.10%,

7/01/2030

115,000

94,111

AEP

Transmission

Co.

LLC

4.25%,

9/15/2048

90,000

77,260

3.80%,

6/15/2049

30,000

23,663

54

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Utilities

–

2.3%

(continued)

AES

Corp.

(The)

1.38%,

1/15/2026

200,000

180,728

5.45%,

6/01/2028

15,000

14,863

2.45%,

1/15/2031

50,000

40,789

Alabama

Power

Co.

3.75%,

3/01/2045

50,000

39,291

3.13%,

7/15/2051

15,000

10,287

Ameren

Corp.,

1.75%,

3/15/2028

50,000

43,303

Ameren

Illinois

Co.,

1.55%,

11/15/2030

10,000

7,878

American

Water

Capital

Corp.

2.95%,

9/01/2027

100,000

92,367

3.75%,

9/01/2028

40,000

37,948

2.80%,

5/01/2030

25,000

21,821

6.59%,

10/15/2037

60,000

67,495

4.00%,

12/01/2046

25,000

19,961

Arizona

Public

Service

Co.

4.25%,

3/01/2049

50,000

38,999

3.50%,

12/01/2049

65,000

45,297

Atmos

Energy

Corp.

1.50%,

1/15/2031

45,000

35,408

3.38%,

9/15/2049

50,000

36,882

2.85%,

2/15/2052

110,000

73,303

Avangrid,

Inc.,

3.20%,

4/15/2025

25,000

23,875

Avista

Corp.,

4.00%,

4/01/2052

75,000

59,059

Baltimore

Gas

&

Electric

Co.,

5.40%,

6/01/2053

10,000

10,179

Berkshire

Hathaway

Energy

Co.

4.05%,

4/15/2025

40,000

39,169

6.13%,

4/01/2036

35,000

36,854

4.50%,

2/01/2045

200,000

172,041

2.85%,

5/15/2051

50,000

32,212

Black

Hills

Corp.,

3.05%,

10/15/2029

150,000

129,855

CenterPoint

Energy

Resources

Corp.,

1.75%,

10/01/2030

50,000

39,972

Cleveland

Electric

Illuminating

Co.

(The),

5.95%,

12/15/2036

30,000

29,763

Commonwealth

Edison

Co.

3.70%,

3/01/2045

100,000

79,177

Series

123,

3.75%,

8/15/2047

100,000

79,130

4.00%,

3/01/2048

20,000

16,609

4.00%,

3/01/2049

20,000

16,382

5.30%,

2/01/2053

100,000

101,134

Connecticut

Light

&

Power

Co.

(The),

Series

A,

2.05%,

7/01/2031

50,000

40,549

Consolidated

Edison

Co.

of

New

York,

Inc.

Series

20A,

3.35%,

4/01/2030

50,000

45,414

2.40%,

6/15/2031

150,000

125,254

6.15%,

11/15/2052

100,000

109,845

4.63%,

12/01/2054

30,000

26,168

Series

C,

4.00%,

11/15/2057

50,000

39,129

Series

C,

3.00%,

12/01/2060

20,000

12,587

Constellation

Energy

Generation

LLC

3.25%,

6/01/2025

50,000

47,876

5.75%,

10/01/2041

30,000

29,156

Consumers

Energy

Co.

4.63%,

5/15/2033

50,000

48,797

3.50%,

8/01/2051

100,000

75,461

4.20%,

9/01/2052

100,000

84,841

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Utilities

–

2.3%

(continued)

Delmarva

Power

&

Light

Co.,

4.15%,

5/15/2045

25,000

20,496

Dominion

Energy

South

Carolina,

Inc.

5.45%,

2/01/2041

25,000

24,586

5.10%,

6/01/2065

50,000

47,903

Dominion

Energy,

Inc.

Series

A,

3.30%,

3/15/2025

132,000

127,348

Series

A,

1.45%,

4/15/2026

30,000

27,171

Series

D,

2.85%,

8/15/2026

100,000

92,927

7.00%,

6/15/2038

25,000

27,457

Series

B,

3.30%,

4/15/2041

25,000

18,532

Series

C,

4.90%,

8/01/2041

25,000

22,467

DTE

Energy

Co.,

4.88%,

6/01/2028

15,000

14,831

Duke

Energy

Carolinas

LLC

2.85%,

3/15/2032

100,000

84,808

4.95%,

1/15/2033

100,000

99,654

4.25%,

12/15/2041

30,000

25,788

3.75%,

6/01/2045

75,000

58,753

3.88%,

3/15/2046

75,000

59,520

5.35%,

1/15/2053

100,000

100,377

5.40%,

1/15/2054

10,000

10,113

Duke

Energy

Corp.

2.65%,

9/01/2026

50,000

46,357

2.45%,

6/01/2030

95,000

79,853

2.55%,

6/15/2031

50,000

41,347

3.75%,

9/01/2046

20,000

15,268

4.20%,

6/15/2049

25,000

20,050

Duke

Energy

Florida

LLC,

1.75%,

6/15/2030

100,000

81,409

Duke

Energy

Indiana

LLC,

Series

YYY,

3.25%,

10/01/2049

25,000

17,541

Duke

Energy

Ohio,

Inc.,

3.70%,

6/15/2046

50,000

37,687

Duke

Energy

Progress

LLC,

5.25%,

3/15/2033

50,000

50,685

Eastern

Energy

Gas

Holdings

LLC,

Series

A,

2.50%,

11/15/2024

34,000

32,599

Edison

International,

5.25%,

11/15/2028

10,000

9,857

El

Paso

Electric

Co.,

6.00%,

5/15/2035

28,000

28,329

Emera

US

Finance

LP,

3.55%,

6/15/2026

10,000

9,516

ENEL

Americas

SA,

4.00%,

10/25/2026

50,000

47,868

Entergy

Arkansas

LLC,

3.50%,

4/01/2026

50,000

48,075

Entergy

Louisiana

LLC

2.40%,

10/01/2026

35,000

32,159

4.20%,

9/01/2048

60,000

49,827

Essential

Utilities,

Inc.

2.70%,

4/15/2030

100,000

84,870

3.35%,

4/15/2050

15,000

10,328

Evergy

Metro,

Inc.,

Series

2020,

2.25%,

6/01/2030

40,000

33,349

Evergy,

Inc.

2.45%,

9/15/2024

100,000

96,230

2.90%,

9/15/2029

100,000

87,412

Eversource

Energy

Series

O,

4.25%,

4/01/2029

100,000

95,500

Series

R,

1.65%,

8/15/2030

100,000

79,356

5.13%,

5/15/2033

15,000

14,775

Florida

Power

&

Light

Co.

2.85%,

4/01/2025

214,000

206,419

4.45%,

5/15/2026

10,000

9,908

5.05%,

4/01/2028

100,000

100,936

4.40%,

5/15/2028

15,000

14,749

55

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Utilities

–

2.3%

(continued)

4.63%,

5/15/2030

10,000

9,886

4.80%,

5/15/2033

15,000

14,872

5.96%,

4/01/2039

25,000

26,831

3.80%,

12/15/2042

50,000

41,770

Georgia

Power

Co.

Series

B,

2.65%,

9/15/2029

100,000

86,733

4.30%,

3/15/2042

100,000

86,359

4.30%,

3/15/2043

25,000

21,055

5.13%,

5/15/2052

100,000

96,409

Idaho

Power

Co.,

Series

K,

4.20%,

3/01/2048

25,000

21,045

Indiana

Michigan

Power

Co.,

5.63%,

4/01/2053

100,000

103,719

Interstate

Power

&

Light

Co.

2.30%,

6/01/2030

15,000

12,415

6.25%,

7/15/2039

40,000

42,039

IPALCO

Enterprises,

Inc.,

3.70%,

9/01/2024

100,000

97,454

ITC

Holdings

Corp.,

3.35%,

11/15/2027

50,000

46,627

Louisville

Gas

&

Electric

Co.,

4.25%,

4/01/2049

25,000

20,907

MidAmerican

Energy

Co.

3.50%,

10/15/2024

70,000

68,414

5.80%,

10/15/2036

50,000

51,747

4.25%,

7/15/2049

30,000

25,319

3.15%,

4/15/2050

50,000

34,620

National

Fuel

Gas

Co.,

2.95%,

3/01/2031

100,000

81,469

National

Grid

PLC

5.60%,

6/12/2028

10,000

10,039

5.81%,

6/12/2033

15,000

15,175

National

Grid

USA,

5.80%,

4/01/2035

25,000

24,969

National

Rural

Utilities

Cooperative

Finance

Corp.

4.45%,

3/13/2026

50,000

49,498

1.00%,

6/15/2026

45,000

40,201

4.80%,

3/15/2028

100,000

99,176

4.30%,

3/15/2049

15,000

12,481

Nevada

Power

Co.,

Series

EE,

3.13%,

8/01/2050

25,000

16,233

NextEra

Energy

Capital

Holdings,

Inc.

1.88%,

1/15/2027

100,000

89,728

5.00%,

2/28/2030

50,000

49,981

2.25%,

6/01/2030

30,000

24,933

2.44%,

1/15/2032

50,000

40,624

5.00%,

7/15/2032

50,000

49,117

5.05%,

2/28/2033

60,000

58,951

3.00%,

1/15/2052

50,000

32,834

5.25%,

2/28/2053

50,000

47,864

NiSource,

Inc.

0.95%,

8/15/2025

15,000

13,743

5.25%,

2/15/2043

35,000

33,344

5.65%,

2/01/2045

50,000

49,472

Northern

States

Power

Co.

3.40%,

8/15/2042

25,000

19,478

4.00%,

8/15/2045

40,000

32,343

2.90%,

3/01/2050

30,000

20,319

5.10%,

5/15/2053

15,000

14,662

Oglethorpe

Power

Corp.,

5.38%,

11/01/2040

50,000

46,406

Oklahoma

Gas

&

Electric

Co.

3.25%,

4/01/2030

150,000

133,758

5.40%,

1/15/2033

26,000

26,316

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Utilities

–

2.3%

(continued)

4.15%,

4/01/2047

35,000

28,550

3.85%,

8/15/2047

25,000

19,488

Oncor

Electric

Delivery

Co.

LLC

4.30%,

5/15/2028

(b)

10,000

9,778

3.10%,

9/15/2049

40,000

28,017

Pacific

Gas

&

Electric

Co.

3.15%,

1/01/2026

10,000

9,327

2.10%,

8/01/2027

28,000

24,156

3.00%,

6/15/2028

50,000

43,457

4.65%,

8/01/2028

100,000

92,692

6.10%,

1/15/2029

15,000

14,913

4.55%,

7/01/2030

5,000

4,546

2.50%,

2/01/2031

50,000

39,547

6.40%,

6/15/2033

20,000

20,092

4.50%,

7/01/2040

30,000

23,639

3.30%,

8/01/2040

30,000

20,593

4.20%,

6/01/2041

75,000

55,951

4.60%,

6/15/2043

100,000

75,301

4.00%,

12/01/2046

50,000

33,833

3.95%,

12/01/2047

50,000

34,424

4.95%,

7/01/2050

130,000

104,070

PacifiCorp

4.10%,

2/01/2042

35,000

27,354

5.50%,

5/15/2054

20,000

18,196

PECO

Energy

Co.

4.90%,

6/15/2033

10,000

9,946

3.00%,

9/15/2049

40,000

27,484

2.85%,

9/15/2051

50,000

32,873

PG&E

Energy

Recovery

Funding

LLC,

Series

A-3,

2.82%,

7/15/2046

25,000

17,450

PG&E

Wildfire

Recovery

Funding

LLC

Series

A-1,

3.59%,

6/01/2030

61,690

58,564

Series

A-2,

4.72%,

6/01/2037

50,000

48,713

Series

A-4,

5.21%,

12/01/2047

160,000

158,995

Piedmont

Natural

Gas

Co.,

Inc.

2.50%,

3/15/2031

25,000

20,415

3.35%,

6/01/2050

15,000

10,144

Public

Service

Co.

of

Colorado

Series

17,

6.25%,

9/01/2037

10,000

10,543

3.60%,

9/15/2042

25,000

19,400

4.05%,

9/15/2049

30,000

24,130

Series

34,

3.20%,

3/01/2050

20,000

13,915

Public

Service

Co.

of

New

Hampshire,

5.15%,

1/15/2053

100,000

99,531

Public

Service

Co.

of

Oklahoma,

5.25%,

1/15/2033

100,000

99,418

Public

Service

Electric

&

Gas

Co.

3.95%,

5/01/2042

35,000

29,329

3.65%,

9/01/2042

25,000

20,032

3.80%,

3/01/2046

25,000

20,211

Public

Service

Enterprise

Group,

Inc.

0.80%,

8/15/2025

10,000

9,101

1.60%,

8/15/2030

60,000

47,348

Puget

Energy,

Inc.,

4.10%,

6/15/2030

75,000

67,852

Puget

Sound

Energy,

Inc.

5.80%,

3/15/2040

27,000

27,139

2.89%,

9/15/2051

25,000

16,242

56

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Utilities

–

2.3%

(continued)

San

Diego

Gas

&

Electric

Co.

2.50%,

5/15/2026

55,000

51,413

Series

XXX,

3.00%,

3/15/2032

100,000

85,955

Series

RRR,

3.75%,

6/01/2047

60,000

46,541

Series

TTT,

4.10%,

6/15/2049

10,000

8,106

Sempra

5.40%,

8/01/2026

10,000

10,000

3.25%,

6/15/2027

35,000

32,459

5.50%,

8/01/2033

10,000

9,997

3.80%,

2/01/2038

15,000

12,475

Southern

California

Edison

Co.

5.85%,

11/01/2027

50,000

51,559

Series

G,

2.50%,

6/01/2031

275,000

228,260

5.95%,

11/01/2032

100,000

104,907

Series

05-E,

5.35%,

7/15/2035

40,000

39,953

4.50%,

9/01/2040

75,000

64,930

Series

B,

4.88%,

3/01/2049

25,000

22,269

5.88%,

12/01/2053

10,000

10,263

Southern

California

Gas

Co.

3.15%,

9/15/2024

90,000

87,516

5.20%,

6/01/2033

10,000

9,903

3.75%,

9/15/2042

35,000

27,265

Series

VV,

4.30%,

1/15/2049

65,000

54,028

Series

WW,

3.95%,

2/15/2050

15,000

11,684

5.75%,

6/01/2053

10,000

10,202

Southern

Co.

(The)

4.85%,

6/15/2028

15,000

14,821

Series

A,

3.70%,

4/30/2030

10,000

9,150

5.20%,

6/15/2033

15,000

14,882

Southern

Co.

Gas

Capital

Corp.

4.40%,

5/30/2047

45,000

37,190

Series

21A,

3.15%,

9/30/2051

25,000

16,691

Southern

Power

Co.,

5.25%,

7/15/2043

20,000

18,313

Southwest

Gas

Corp.

2.20%,

6/15/2030

130,000

106,021

4.15%,

6/01/2049

67,000

51,591

Southwestern

Electric

Power

Co.

Series

N,

1.65%,

3/15/2026

125,000

113,681

Series

J,

3.90%,

4/01/2045

40,000

30,321

Spire

Missouri,

Inc.,

4.80%,

2/15/2033

50,000

49,026

Toledo

Edison

Co.

(The),

6.15%,

5/15/2037

25,000

26,133

Tucson

Electric

Power

Co.

1.50%,

8/01/2030

50,000

39,241

5.50%,

4/15/2053

50,000

49,446

Union

Electric

Co.

2.95%,

3/15/2030

50,000

44,260

3.25%,

10/01/2049

75,000

52,443

Virginia

Electric

&

Power

Co.

Series

A,

3.15%,

1/15/2026

180,000

171,618

Series

A,

3.80%,

4/01/2028

50,000

47,618

Series

B,

3.80%,

9/15/2047

20,000

15,512

4.60%,

12/01/2048

20,000

17,683

2.45%,

12/15/2050

35,000

21,024

WEC

Energy

Group,

Inc.,

2.20%,

12/15/2028

50,000

43,300

Wisconsin

Power

&

Light

Co.,

1.95%,

9/16/2031

50,000

39,611

Xcel

Energy,

Inc.

2.60%,

12/01/2029

10,000

8,604

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.0%

(continued)

Utilities

–

2.3%

(continued)

3.50%,

12/01/2049

125,000

90,152

10,663,183

Total

Corporate

Bonds

(cost

$128,099,317)

117,296,187

Foreign

Governmental

–

1.7%

Chile

Government

International

Bond

3.24%,

2/06/2028

40,000

37,378

2.45%,

1/31/2031

20,000

17,098

3.10%,

1/22/2061

351,000

230,338

Export

Development

Canada,

3.88%,

2/14/2028

50,000

49,032

Hydro-Quebec,

Series

HH,

8.50%,

12/01/2029

25,000

29,746

Indonesia

Government

International

Bond

3.50%,

1/11/2028

199,000

187,973

3.40%,

9/18/2029

70,000

64,626

2.85%,

2/14/2030

200,000

178,392

1.85%,

3/12/2031

20,000

16,242

3.05%,

3/12/2051

20,000

14,810

Israel

Government

AID

Bond,

5.50%,

9/18/2033

40,000

43,092

Israel

Government

International

Bond

2.88%,

3/16/2026

200,000

188,474

3.88%,

7/03/2050

160,000

128,806

Korea

International

Bond,

4.13%,

6/10/2044

200,000

184,830

Mexico

Government

International

Bond

4.50%,

4/22/2029

50,000

48,474

3.25%,

4/16/2030

75,000

66,753

2.66%,

5/24/2031

50,000

41,600

4.75%,

4/27/2032

60,000

57,310

Series

A,

7.50%,

4/08/2033

150,000

170,209

Series

A,

6.75%,

9/27/2034

89,000

96,991

6.05%,

1/11/2040

40,000

40,679

4.28%,

8/14/2041

100,000

82,775

4.75%,

3/08/2044

174,000

149,802

4.50%,

1/31/2050

(a)

150,000

122,444

6.34%,

5/04/2053

200,000

204,933

5.75%,

10/12/2110

20,000

17,882

Panama

Government

International

Bond

7.13%,

1/29/2026

175,000

181,626

8.88%,

9/30/2027

200,000

227,342

9.38%,

4/01/2029

100,000

119,799

6.70%,

1/26/2036

40,000

42,810

4.50%,

4/01/2056

200,000

150,172

Peruvian

Government

International

Bond

4.13%,

8/25/2027

100,000

96,685

2.78%,

1/23/2031

200,000

169,970

1.86%,

12/01/2032

165,000

125,583

8.75%,

11/21/2033

20,000

25,180

3.23%,

7/28/2121

100,000

60,192

Philippine

Government

International

Bond

7.50%,

9/25/2024

133,333

135,348

9.50%,

2/02/2030

267,000

335,400

1.95%,

1/06/2032

100,000

80,617

2.65%,

12/10/2045

350,000

238,396

Province

of

Alberta

Canada

3.30%,

3/15/2028

125,000

118,681

1.30%,

7/22/2030

325,000

263,183

Province

of

British

Columbia

Canada

Series

10,

1.75%,

9/27/2024

100,000

95,833

57

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Foreign

Governmental

–

1.7%

(continued)

0.90%,

7/20/2026

50,000

44,790

1.30%,

1/29/2031

220,000

177,262

Province

of

Manitoba

Canada,

2.13%,

6/22/2026

(a)

310,000

287,997

Province

of

Ontario

Canada

0.63%,

1/21/2026

10,000

9,021

1.05%,

4/14/2026

15,000

13,597

2.50%,

4/27/2026

150,000

141,279

1.05%,

5/21/2027

65,000

56,940

1.13%,

10/07/2030

50,000

39,877

1.60%,

2/25/2031

130,000

106,827

Province

of

Quebec

Canada

Series

QX,

1.50%,

2/11/2025

127,000

119,926

0.60%,

7/23/2025

346,000

317,611

2.50%,

4/20/2026

20,000

18,858

2.75%,

4/12/2027

150,000

140,306

1.90%,

4/21/2031

15,000

12,589

Republic

of

Italy

Government

International

Bond

1.25%,

2/17/2026

216,000

193,810

5.38%,

6/15/2033

40,000

39,626

4.00%,

10/17/2049

20,000

14,957

3.88%,

5/06/2051

105,000

75,630

Republic

of

Poland

Government

International

Bond,

3.25%,

4/06/2026

322,000

310,291

Svensk

Exportkredit

AB

Series

G,

0.63%,

5/14/2025

200,000

184,411

4.13%,

6/14/2028

200,000

197,027

0.00%,

5/11/2037

(c)

30,000

15,323

Uruguay

Government

International

Bond

4.38%,

10/27/2027

50,000

49,441

5.10%,

6/18/2050

284,000

283,781

Total

Foreign

Governmental

(cost

$8,504,815)

7,788,683

Municipal

Securities

–

0.3%

California

State

University,

RB,

2.72%,

11/01/2052

50,000

33,075

City

of

Los

Angeles

Department

of

Airports

Customer

Facility

Charge,

RB,

4.24%,

5/15/2048

200,000

171,844

City

of

San

Francisco,

CA

Public

Utilities

Commission

Water,

RB,

6.95%,

11/01/2050

110,000

133,248

Commonwealth

of

Massachusetts,

RB,

4.11%,

7/15/2031

75,338

72,151

Los

Angeles

Department

of

Water

&

Power,

RB,

5.72%,

7/01/2039

200,000

213,035

Michigan

State

University,

RB,

4.17%,

8/15/2122

100,000

76,849

Municipal

Electric

Authority

of

Georgia,

RB,

6.64%,

4/01/2057

99,000

110,636

New

Jersey

Turnpike

Authority,

RB,

7.10%,

1/01/2041

20,000

24,063

North

Texas

Tollway

Authority,

RB,

6.72%,

1/01/2049

15,000

18,164

Ohio

State

University

(The),

RB,

4.80%,

6/01/2111

10,000

8,874

Port

Authority

of

New

York

&

New

Jersey,

RB,

4.96%,

8/01/2046

100,000

97,909

Regents

of

The

University

of

California

Medical

Center

Pooled,

RB,

6.58%,

5/15/2049

100,000

115,980

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Municipal

Securities

–

0.3%

(continued)

State

Board

of

Administration

Finance

Corp.,

RB,

1.71%,

7/01/2027

100,000

88,417

State

of

California,

GO

7.30%,

10/01/2039

50,000

59,901

7.60%,

11/01/2040

15,000

18,945

State

of

Illinois

Sales

Tax

Securitization

Corp.,

RB,

3.59%,

1/01/2043

30,000

24,751

State

of

Illinois,

GO,

5.10%,

6/01/2033

20,000

19,545

University

of

Michigan,

RB,

4.45%,

4/01/2122

50,000

42,173

University

of

Virginia,

RB,

2.58%,

11/01/2051

50,000

32,506

Total

Municipal

Securities

(cost

$1,640,031)

1,362,066

Supranational

Bank

–

1.5%

African

Development

Bank,

Series

G,

4.38%,

11/03/2027

150,000

149,954

Asian

Development

Bank

1.50%,

10/18/2024

10,000

9,546

Series

G,

2.00%,

1/22/2025

150,000

143,140

Series

G,

0.38%,

9/03/2025

95,000

86,544

Series

G,

1.00%,

4/14/2026

50,000

45,400

Series

G,

1.50%,

1/20/2027

150,000

135,640

Series

G,

3.13%,

8/20/2027

465,000

443,421

2.75%,

1/19/2028

50,000

46,806

1.75%,

9/19/2029

150,000

130,200

0.75%,

10/08/2030

150,000

118,089

Asian

Infrastructure

Investment

Bank

(The)

0.50%,

10/30/2024

50,000

47,010

0.50%,

5/28/2025

125,000

114,746

Corp.

Andina

de

Fomento,

1.63%,

9/23/2025

92,000

84,829

Council

of

Europe

Development

Bank,

3.75%,

5/25/2026

15,000

14,649

European

Bank

For

Reconstruction

&

Development

1.63%,

9/27/2024

150,000

143,662

Series

G,

0.50%,

11/25/2025

50,000

45,319

Series

G,

0.50%,

1/28/2026

40,000

36,079

European

Investment

Bank

1.88%,

2/10/2025

75,000

71,377

1.63%,

3/14/2025

(a)

505,000

477,644

0.38%,

12/15/2025

5,000

4,512

2.38%,

5/24/2027

150,000

139,296

0.63%,

10/21/2027

155,000

133,106

3.88%,

3/15/2028

100,000

98,189

1.75%,

3/15/2029

(a)

150,000

131,491

1.25%,

2/14/2031

150,000

122,563

3.75%,

2/14/2033

50,000

48,705

Inter-American

Development

Bank

2.13%,

1/15/2025

50,000

47,832

2.00%,

6/02/2026

15,000

13,950

1.50%,

1/13/2027

100,000

90,415

0.63%,

9/16/2027

(a)

65,000

55,951

1.13%,

7/20/2028

50,000

42,911

3.13%,

9/18/2028

50,000

47,237

1.13%,

1/13/2031

260,000

209,409

3.88%,

10/28/2041

150,000

138,616

Inter-American

Investment

Corp.

2.63%,

4/22/2025

100,000

95,697

4.13%,

2/15/2028

50,000

49,169

International

Bank

For

Reconstruction

&

Development

58

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Supranational

Bank

–

1.5%

(continued)

1.50%,

8/28/2024

75,000

71,919

2.50%,

11/25/2024

320,000

308,602

0.75%,

3/11/2025

50,000

46,623

0.38%,

7/28/2025

350,000

320,056

2.50%,

7/29/2025

123,000

117,397

0.50%,

10/28/2025

75,000

68,207

3.13%,

11/20/2025

75,000

72,256

5.75%,

6/15/2026

100,000

99,693

3.13%,

6/15/2027

50,000

47,688

2.50%,

11/22/2027

85,000

78,895

4.50%,

6/26/2028

200,000

197,568

3.88%,

2/14/2030

50,000

48,944

0.88%,

5/14/2030

50,000

40,239

4.00%,

7/25/2030

55,000

54,258

0.75%,

8/26/2030

75,000

59,244

1.25%,

2/10/2031

10,000

8,127

2.50%,

3/29/2032

(a)

100,000

88,542

Series

G,

4.75%,

2/15/2035

160,000

165,220

International

Finance

Corp.

Series

G,

1.38%,

10/16/2024

350,000

333,715

Series

G,

0.75%,

10/08/2026

100,000

88,812

Series

G,

4.50%,

7/13/2028

35,000

35,318

Japan

Bank

For

International

Cooperation

0.63%,

7/15/2025

50,000

45,781

2.25%,

11/04/2026

224,000

205,921

2.75%,

11/16/2027

64,000

59,145

4.63%,

7/19/2028

200,000

200,038

1.25%,

1/21/2031

260,000

205,722

Japan

International

Cooperation

Agency,

3.38%,

6/12/2028

50,000

47,085

Korea

Development

Bank

(The)

2.13%,

10/01/2024

15,000

14,421

3.38%,

9/16/2025

200,000

192,095

2.00%,

10/25/2031

100,000

80,859

Total

Supranational

Bank

(cost

$7,636,160)

7,215,494

U.S.

Government

Agencies

–

29.0%

Federal

Farm

Credit

Banks

Funding

Corp.

0.73%,

5/27/2025

200,000

184,375

0.61%,

8/25/2025

118,000

107,576

0.75%,

12/16/2026

116,000

101,042

1.12%,

9/01/2028

50,000

42,055

1.10%,

8/10/2029

96,000

78,248

1.23%,

7/29/2030

26,000

20,678

1.15%,

8/12/2030

150,000

118,796

1.24%,

9/03/2030

550,000

435,490

1.38%,

1/14/2031

150,000

118,566

1.79%,

6/22/2035

200,000

143,083

Federal

Home

Loan

Banks

2.75%,

12/13/2024

10,000

9,661

0.50%,

4/14/2025

275,000

254,850

3.13%,

9/12/2025

140,000

134,750

0.96%,

3/05/2026

370,000

333,235

1.00%,

3/23/2026

185,250

167,189

3.00%,

3/12/2027

300,000

284,835

Federal

Home

Loan

Mortgage

Corporation

1.50%,

2/12/2025

(d)

779,000

737,673

0.38%,

7/21/2025

(d)

100,000

91,532

0.38%,

9/23/2025

(d)

525,000

477,235

0.63%,

11/25/2025

(d)

250,000

225,854

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

0.70%,

12/23/2025

(d)

200,000

181,162

2.50%,

9/01/2027

11,164

10,622

4.00%,

7/01/2029

7,120

6,962

6.75%,

9/15/2029

(d)

50,000

56,808

3.00%,

2/01/2031

23,156

21,812

6.75%,

3/15/2031

(d)

50,000

58,127

2.50%,

12/01/2031

14,507

13,452

2.50%,

3/01/2032

83,817

77,725

6.25%,

7/15/2032

(a)(d)

170,000

196,581

3.00%,

9/01/2032

41,081

38,489

3.00%,

10/01/2032

16,626

15,635

3.00%,

1/01/2033

5,049

4,748

3.00%,

2/01/2033

15,952

15,001

3.50%,

2/01/2033

22,598

21,657

3.00%,

4/01/2033

59,543

56,151

3.00%,

4/01/2033

24,688

23,616

3.00%,

7/01/2033

82,730

77,482

3.00%,

8/01/2034

16,531

15,467

3.50%,

3/01/2035

7,533

7,119

2.50%,

4/01/2035

122,168

111,292

3.00%,

4/01/2035

111,591

104,445

3.00%,

4/01/2035

28,589

26,738

2.50%,

5/01/2035

35,551

32,358

3.00%,

6/01/2035

72,472

68,267

3.00%,

6/01/2035

40,534

37,910

2.00%,

8/01/2035

205,066

182,257

2.50%,

9/01/2035

115,712

105,320

2.00%,

10/01/2035

341,025

303,094

1.50%,

11/01/2035

655,609

565,047

2.00%,

11/01/2035

352,281

311,668

1.50%,

12/01/2035

73,606

63,438

2.50%,

1/01/2036

34,760

31,637

1.50%,

2/01/2036

159,753

137,685

2.00%,

2/01/2036

189,928

168,032

1.50%,

4/01/2036

108,806

94,342

2.50%,

6/01/2036

312,882

284,524

2.00%,

8/01/2036

194,717

172,420

1.50%,

9/01/2036

40,582

34,965

1.00%,

10/01/2036

63,209

53,249

1.50%,

10/01/2036

74,309

64,023

2.00%,

10/01/2036

100,893

89,340

1.50%,

11/01/2036

83,854

72,247

2.00%,

11/01/2036

110,457

97,808

2.00%,

12/01/2036

20,741

18,366

1.50%,

1/01/2037

197,686

170,323

1.50%,

2/01/2037

164,984

142,147

1.50%,

2/01/2037

173,902

149,831

1.50%,

2/01/2037

129,086

111,218

1.50%,

3/01/2037

219,657

189,102

2.00%,

3/01/2037

212,287

188,899

2.00%,

4/01/2037

75,033

66,326

2.00%,

4/01/2037

223,742

197,779

2.50%,

5/01/2037

176,924

160,637

3.00%,

5/01/2037

(d)

14,972

13,847

3.00%,

5/01/2037

19,962

18,441

3.00%,

5/01/2037

23,569

22,043

3.00%,

9/01/2037

82,609

76,896

3.50%,

9/01/2037

22,330

21,187

4.00%,

9/01/2037

64,940

62,646

3.50%,

10/01/2037

67,160

63,722

59

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

3.50%,

12/01/2037

23,011

21,834

4.50%,

5/01/2038

23,823

23,340

5.50%,

8/01/2038

25,000

25,088

3.00%,

11/01/2039

40,893

37,007

3.00%,

3/01/2040

85,944

77,776

2.50%,

4/01/2040

6,825

5,982

2.00%,

8/01/2040

86,769

73,739

2.50%,

9/01/2040

53,114

46,497

2.50%,

10/01/2040

15,104

13,222

2.00%,

11/01/2040

122,521

104,037

4.00%,

11/01/2040

51,447

49,289

1.50%,

1/01/2041

19,326

15,841

2.00%,

3/01/2041

19,413

16,431

1.50%,

5/01/2041

187,816

152,952

4.50%,

5/01/2041

(d)

98,076

96,478

2.50%,

6/01/2041

137,713

119,899

2.00%,

8/01/2041

139,547

117,951

2.00%,

12/01/2041

330,598

279,129

1.50%,

2/01/2042

45,384

36,847

2.00%,

3/01/2042

315,295

265,399

2.00%,

4/01/2042

46,082

38,789

2.50%,

4/01/2042

41,226

35,782

2.00%,

5/01/2042

72,593

61,105

2.50%,

5/01/2042

92,075

79,917

3.00%,

6/01/2042

22,999

20,607

4.00%,

9/01/2042

23,420

22,168

3.00%,

12/01/2042

(d)

16,321

14,694

3.00%,

1/01/2043

(d)

44,184

39,782

3.50%,

2/01/2043

47,993

44,650

3.00%,

4/01/2043

62,174

55,897

3.50%,

10/01/2043

162,535

151,070

3.50%,

12/01/2044

(d)

42,645

39,472

4.00%,

12/01/2044

19,737

18,836

3.00%,

1/01/2045

308,004

276,385

4.00%,

2/01/2045

44,594

42,638

3.00%,

5/01/2045

9,203

8,216

3.50%,

7/01/2045

(d)

67,638

62,513

3.50%,

7/01/2045

50,661

46,766

4.00%,

9/01/2045

112,655

107,453

3.50%,

10/01/2045

55,431

51,169

4.50%,

10/01/2045

63,719

62,534

4.00%,

11/01/2045

188,977

180,252

3.50%,

12/01/2045

7,041

6,499

3.50%,

6/01/2046

398,943

367,073

3.50%,

8/01/2046

(d)

59,798

55,200

3.00%,

11/01/2046

50,131

44,741

3.00%,

12/01/2046

150,917

134,460

3.00%,

1/01/2047

49,492

44,378

3.00%,

8/01/2047

42,156

37,623

4.00%,

8/01/2047

(d)

39,214

37,207

3.00%,

9/01/2047

204,609

181,371

3.50%,

9/01/2047

17,193

15,804

4.50%,

10/01/2047

64,129

62,534

3.50%,

6/01/2048

64,324

59,202

3.50%,

7/01/2048

16,595

15,256

4.50%,

8/01/2048

75,441

73,408

4.00%,

1/01/2049

141,016

133,938

4.50%,

3/01/2049

(d)

23,911

23,295

3.50%,

5/01/2049

109,654

100,450

4.00%,

7/01/2049

184,903

175,722

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

3.00%,

9/01/2049

34,754

30,729

3.00%,

10/01/2049

273,142

241,506

3.00%,

10/01/2049

39,840

35,226

5.00%,

10/01/2049

53,140

52,773

2.50%,

1/01/2050

33,947

28,936

3.00%,

2/01/2050

50,783

45,053

4.50%,

2/01/2050

19,246

18,689

3.00%,

3/01/2050

32,888

29,079

3.00%,

4/01/2050

153,302

135,346

2.50%,

6/01/2050

68,798

58,288

2.50%,

6/01/2050

175,082

148,984

2.50%,

6/01/2050

58,461

49,747

2.50%,

7/01/2050

162,648

137,787

2.50%,

7/01/2050

378,544

323,303

2.50%,

8/01/2050

13,234

11,211

2.50%,

8/01/2050

673,303

575,460

3.00%,

8/01/2050

232,471

206,414

2.00%,

9/01/2050

306,798

250,523

2.50%,

9/01/2050

268,198

226,190

4.00%,

9/01/2050

210,367

200,758

2.00%,

10/01/2050

112,741

91,710

2.00%,

10/01/2050

151,616

123,333

2.50%,

10/01/2050

141,596

121,157

2.50%,

10/01/2050

123,554

105,267

3.00%,

10/01/2050

33,045

29,152

2.00%,

12/01/2050

180,405

146,709

1.50%,

1/01/2051

66,315

50,968

1.50%,

1/01/2051

751,048

577,237

2.50%,

1/01/2051

1,143,132

968,405

3.00%,

1/01/2051

118,598

104,679

1.50%,

2/01/2051

184,922

142,127

2.00%,

2/01/2051

77,714

63,199

2.50%,

2/01/2051

16,417

13,900

2.50%,

3/01/2051

254,999

215,963

1.50%,

4/01/2051

222,847

171,819

2.00%,

4/01/2051

468,883

386,066

2.00%,

4/01/2051

270,760

219,445

2.00%,

4/01/2051

229,645

187,088

2.50%,

4/01/2051

475,331

401,171

2.00%,

5/01/2051

323,178

261,903

2.00%,

5/01/2051

501,308

406,446

2.00%,

5/01/2051

104,494

85,904

2.00%,

5/01/2051

338,537

274,364

2.50%,

5/01/2051

398,293

336,250

2.50%,

5/01/2051

57,009

48,112

2.50%,

5/01/2051

203,669

172,902

1.50%,

6/01/2051

242,222

186,709

2.50%,

7/01/2051

124,930

105,538

3.00%,

7/01/2051

331,723

292,814

3.00%,

7/01/2051

659,577

579,442

1.50%,

8/01/2051

54,248

41,804

2.00%,

8/01/2051

311,361

252,370

2.00%,

8/01/2051

1,472,613

1,197,905

1.50%,

9/01/2051

22,494

17,331

2.00%,

9/01/2051

356,527

288,924

2.00%,

9/01/2051

22,391

18,147

2.00%,

9/01/2051

310,458

251,615

2.00%,

9/01/2051

23,301

18,885

2.50%,

9/01/2051

221,267

186,767

2.50%,

9/01/2051

64,097

54,085

60

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

2.50%,

9/01/2051

177,368

150,519

3.50%,

9/01/2051

113,909

103,378

1.50%,

10/01/2051

183,460

141,339

2.00%,

10/01/2051

149,171

120,909

2.00%,

10/01/2051

58,251

47,205

2.00%,

10/01/2051

203,283

165,454

2.50%,

10/01/2051

269,069

228,465

2.50%,

10/01/2051

349,908

295,234

1.50%,

11/01/2051

136,203

104,918

2.00%,

11/01/2051

397,714

322,271

2.50%,

11/01/2051

88,683

75,674

2.00%,

12/01/2051

135,479

110,288

2.50%,

12/01/2051

212,169

180,262

2.00%,

1/01/2052

370,048

303,366

2.00%,

2/01/2052

610,751

494,754

2.00%,

2/01/2052

302,486

245,107

2.50%,

2/01/2052

177,019

150,203

2.50%,

2/01/2052

204,137

173,424

2.00%,

3/01/2052

370,987

300,728

2.00%,

3/01/2052

44,171

35,746

2.00%,

3/01/2052

23,853

19,303

3.00%,

3/01/2052

452,286

396,420

2.00%,

4/01/2052

164,381

133,027

2.50%,

4/01/2052

99,315

84,127

2.50%,

4/01/2052

651,924

549,478

3.50%,

4/01/2052

91,693

83,541

3.00%,

5/01/2052

330,602

290,378

3.00%,

5/01/2052

134,959

119,493

3.00%,

5/01/2052

71,580

62,924

3.50%,

5/01/2052

282,425

256,182

3.50%,

5/01/2052

540,767

490,464

3.50%,

5/01/2052

23,324

21,154

3.00%,

6/01/2052

173,596

152,447

3.00%,

6/01/2052

118,172

103,436

3.50%,

6/01/2052

71,706

65,087

4.00%,

6/01/2052

23,108

21,593

4.00%,

7/01/2052

95,332

89,078

4.00%,

7/01/2052

241,532

225,648

4.00%,

8/01/2052

71,041

66,369

4.50%,

8/01/2052

23,426

22,433

5.00%,

8/01/2052

152,327

148,993

3.00%,

9/01/2052

158,540

138,902

4.50%,

9/01/2052

93,169

89,247

4.50%,

9/01/2052

69,421

66,479

4.50%,

9/01/2052

283,771

271,744

5.00%,

9/01/2052

23,676

23,191

4.00%,

10/01/2052

475,664

445,917

4.00%,

10/01/2052

230,729

215,483

5.00%,

11/01/2052

118,873

116,145

4.50%,

12/01/2052

193,024

186,253

4.50%,

12/01/2052

57,873

55,420

5.00%,

12/01/2052

24,089

23,644

5.50%,

12/01/2052

23,649

23,491

4.00%,

1/01/2053

336,458

314,173

5.00%,

1/01/2053

48,397

47,338

5.00%,

2/01/2053

414,250

404,744

5.50%,

2/01/2053

479,807

476,605

4.00%,

3/01/2053

73,890

69,334

4.50%,

3/01/2053

388,659

372,163

4.00%,

4/01/2053

24,673

23,036

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

5.00%,

5/01/2053

500,471

488,959

5.50%,

6/01/2053

49,642

49,746

5.50%,

6/01/2053

491,090

487,801

Federal

Home

Loan

Mortgage

Corporation

Mutifamily

Structured

Pass-Through

Ctfs.

Series

2015-KS03,

Class

A4,

3.16%,

5/25/2025

(d)

35,000

33,797

Series

2015-K051,

Class

A2,

3.31%,

9/25/2025

(d)

200,000

192,343

Series

2019-K736,

Class

A2,

2.28%,

7/25/2026

(d)

50,000

46,457

Series

2016-K058,

Class

AM,

2.72%,

8/25/2026

(d)

90,000

84,141

Series

2017-K064,

Class

A2,

3.22%,

3/25/2027

(d)

20,000

18,905

Series

2017-K069,

Class

A2,

3.19%,

9/25/2027

(d)

150,000

140,860

Series

2018-K072,

Class

A1,

3.25%,

11/25/2027

(d)

82,538

79,088

Series

2018-K072,

Class

A2,

3.44%,

12/25/2027

(d)

160,000

151,440

Series

2018-K077,

Class

A1,

3.70%,

3/25/2028

(d)

24,260

23,447

Series

2021-K743,

Class

A2,

1.77%,

5/25/2028

(d)

75,000

65,523

Series

2018-K077,

Class

A2,

3.85%,

5/25/2028

(d)

50,000

48,076

Series

2018-K081,

Class

AM,

3.90%,

8/25/2028

(d)

50,000

48,077

Series

2019-K087,

Class

A2,

3.77%,

12/25/2028

(d)

130,000

124,380

Series

2019-K089,

Class

AM,

3.63%,

1/25/2029

(d)

60,000

56,700

Series

2019-K099,

Class

A2,

2.60%,

9/25/2029

(d)

40,000

35,614

Series

2020-K106,

Class

A1,

1.78%,

10/25/2029

(d)

57,578

51,060

Series

2019-K101,

Class

A2,

2.52%,

10/25/2029

(d)

10,000

8,846

Series

2020-K105,

Class

A2,

1.87%,

1/25/2030

(d)

90,000

76,036

Series

2023-K751,

Class

AM,

4.22%,

4/25/2030

(d)

150,000

145,322

Series

2016-K152,

Class

A1,

2.83%,

5/25/2030

(d)

36,044

33,276

Series

2020-K116,

Class

A2,

1.38%,

7/25/2030

(d)

120,000

96,695

Series

2020-K121,

Class

A2,

1.55%,

10/25/2030

(d)

140,000

113,222

Series

2021-K123,

Class

A2,

1.62%,

12/25/2030

(d)

200,000

162,319

Series

2021-K126,

Class

A2,

2.07%,

1/25/2031

(d)

50,000

41,860

Series

2019-1510,

Class

A2,

3.72%,

1/25/2031

(d)

145,000

136,024

Series

2021-K135,

Class

A2,

2.15%,

10/25/2031

(d)

200,000

165,955

Series

2017-K153,

Class

A3,

3.12%,

10/25/2031

(d)

50,000

44,821

Series

2021-K136,

Class

A2,

2.13%,

11/25/2031

(d)

120,000

99,159

61

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

Home

Loan

Mortgage

Corporation

Mutifamily

Structured

Pass-Through

Ctfs.

(continued)

Series

2022-K137,

Class

A2,

2.35%,

11/25/2031

(d)

400,000

336,174

Series

2022-K142,

Class

A2,

2.40%,

3/25/2032

(d)

30,000

25,221

Series

2019-1513,

Class

A3,

2.80%,

8/25/2034

(d)

20,000

16,739

Federal

National

Mortgage

Association

1.75%,

7/02/2024

(a)(d)

25,000

24,171

2.63%,

9/06/2024

(d)

487,000

473,589

1.63%,

1/07/2025

(d)

335,000

318,646

0.63%,

4/22/2025

(d)

30,000

27,812

0.38%,

8/25/2025

(d)

30,000

27,335

0.50%,

11/07/2025

(d)

171,000

155,209

0.56%,

11/17/2025

(d)

450,000

406,783

0.64%,

12/30/2025

(d)

200,000

180,346

3.00%,

11/01/2026

(d)

14,605

14,070

3.00%,

12/01/2026

(d)

8,279

7,977

3.00%,

12/01/2026

(d)

30,207

29,080

3.00%,

12/01/2026

(d)

8,605

8,278

3.00%,

6/01/2027

(d)

8,779

8,441

0.75%,

10/08/2027

(d)

100,000

86,689

3.00%,

2/01/2028

(d)

13,709

13,180

2.50%,

6/01/2028

(d)

31,360

29,824

3.00%,

9/01/2028

(d)

58,354

56,063

7.13%,

1/15/2030

(d)

50,000

58,053

3.00%,

7/01/2030

(d)

38,845

37,320

2.00%,

8/01/2030

(d)

38,874

35,805

3.50%,

8/01/2030

(d)

12,655

12,315

0.88%,

8/05/2030

(d)

165,000

131,908

2.00%,

10/01/2030

(d)

8,973

8,265

2.50%,

3/01/2031

(d)

43,678

41,539

3.50%,

4/01/2031

(d)

57,181

54,903

3.00%,

8/01/2031

(d)

15,851

14,932

2.50%,

10/01/2031

(d)

89,154

83,589

2.00%,

11/01/2031

(d)

26,441

24,207

2.50%,

11/01/2031

(d)

314,852

291,971

3.50%,

11/01/2031

(d)

13,173

12,740

2.50%,

1/01/2032

(d)

62,953

58,378

2.50%,

1/01/2032

(d)

11,403

10,580

3.00%,

1/01/2032

(d)

164,586

155,043

3.50%,

1/01/2032

(d)

13,377

12,761

3.00%,

2/01/2032

(d)

15,918

14,995

3.50%,

4/01/2032

(d)

14,635

13,911

3.00%,

8/01/2032

(d)

66,005

61,836

3.50%,

8/01/2032

(d)

59,744

57,328

3.00%,

9/01/2032

(d)

23,808

22,304

2.50%,

1/01/2033

(d)

19,678

18,450

3.00%,

2/01/2033

(d)

110,253

103,679

3.00%,

2/01/2033

(d)

34,864

32,785

3.50%,

5/01/2033

(d)

23,144

22,161

4.00%,

4/01/2034

(d)

9,438

9,138

2.50%,

8/01/2034

(d)

43,076

39,242

3.50%,

9/01/2034

(d)

20,147

19,051

4.00%,

10/01/2034

(d)

47,847

46,372

3.00%,

1/01/2035

(d)

118,210

110,603

2.50%,

2/01/2035

(d)

135,670

123,645

3.00%,

2/01/2035

(d)

6,935

6,489

2.50%,

3/01/2035

(d)

164,143

149,825

3.50%,

3/01/2035

(d)

8,254

7,903

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

(continued)

4.00%,

3/01/2035

(d)

30,955

30,030

2.00%,

7/01/2035

(d)

24,392

21,580

2.50%,

7/01/2035

(d)

100,006

91,378

2.50%,

7/01/2035

(d)

22,431

20,416

2.00%,

9/01/2035

(d)

91,612

81,051

2.50%,

9/01/2035

(d)

85,469

77,790

2.50%,

9/01/2035

(d)

43,169

39,424

3.00%,

9/01/2035

(d)

21,899

20,481

1.50%,

10/01/2035

(d)

240,785

207,513

2.00%,

10/01/2035

(d)

14,700

13,024

2.00%,

10/01/2035

(d)

268,510

237,601

2.00%,

10/01/2035

(d)

32,568

28,834

2.00%,

10/01/2035

(d)

178,793

158,479

5.50%,

10/01/2035

(d)

12,047

12,297

1.50%,

11/01/2035

(d)

15,808

13,623

2.00%,

11/01/2035

(d)

146,917

130,073

2.50%,

11/01/2035

(d)

38,190

34,759

2.00%,

12/01/2035

(d)

92,566

81,895

2.00%,

12/01/2035

(d)

29,848

26,412

2.50%,

1/01/2036

(d)

70,216

63,907

2.00%,

2/01/2036

(d)

71,472

63,233

2.50%,

2/01/2036

(d)

42,558

38,873

2.00%,

3/01/2036

(d)

134,282

118,801

1.50%,

4/01/2036

(d)

19,187

16,593

2.50%,

4/01/2036

(d)

15,988

15,205

3.00%,

4/01/2036

(d)

65,467

60,524

1.50%,

5/01/2036

(d)

38,319

33,225

1.50%,

5/01/2036

(d)

191,569

165,050

2.00%,

5/01/2036

(d)

36,668

32,629

2.00%,

5/01/2036

(d)

68,808

60,917

1.50%,

6/01/2036

(d)

128,864

111,057

2.00%,

6/01/2036

(d)

316,645

280,393

2.00%,

6/01/2036

(d)

228,153

202,032

1.50%,

7/01/2036

(d)

95,964

83,031

2.00%,

7/01/2036

(d)

81,508

72,176

2.00%,

8/01/2036

(d)

35,271

31,233

1.50%,

9/01/2036

(d)

267,055

230,087

2.00%,

9/01/2036

(d)

80,479

71,445

2.50%,

9/01/2036

(d)

37,065

33,707

1.50%,

10/01/2036

(d)

42,189

36,429

1.50%,

10/01/2036

(d)

41,796

36,010

2.00%,

10/01/2036

(d)

121,947

107,986

1.50%,

11/01/2036

(d)

63,554

54,756

2.00%,

11/01/2036

(d)

230,121

203,775

1.50%,

12/01/2036

(d)

42,722

36,808

2.00%,

12/01/2036

(d)

84,278

74,816

3.50%,

12/01/2036

(d)

53,820

51,300

2.50%,

1/01/2037

(d)

239,434

217,741

3.50%,

1/01/2037

(d)

15,366

14,517

2.00%,

2/01/2037

(d)

298,389

264,227

2.50%,

2/01/2037

(d)

15,283

13,688

1.50%,

3/01/2037

(d)

153,878

132,458

2.00%,

3/01/2037

(d)

92,876

82,646

2.00%,

4/01/2037

(d)

21,941

19,394

2.00%,

4/01/2037

(d)

282,475

249,692

3.00%,

5/01/2037

(d)

42,931

39,964

3.50%,

5/01/2037

(d)

100,404

95,935

2.00%,

8/01/2037

(d)

49,115

43,415

3.50%,

9/01/2037

(d)

44,395

42,126

3.50%,

11/01/2037

(d)

82,182

77,553

62

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

(continued)

4.00%,

11/01/2037

(d)

67,580

65,195

4.50%,

11/01/2037

(d)

44,247

43,345

3.00%,

12/01/2037

(d)

40,895

37,772

2.50%,

3/01/2038

(d)

17,595

15,759

3.00%,

5/01/2038

(d)

31,150

28,851

3.00%,

8/15/2038

(d)(e)

125,000

116,395

4.50%,

8/15/2038

(d)(e)

50,000

48,994

5.00%,

8/15/2038

(d)(e)

75,000

74,566

5.50%,

8/15/2038

(d)(e)

25,000

25,094

3.50%,

6/01/2039

(d)

60,389

56,208

4.50%,

6/01/2039

(d)

19,867

19,550

4.00%,

11/01/2039

(d)

13,589

13,103

4.50%,

2/01/2040

(d)

22,046

21,695

6.00%,

4/01/2040

(d)

29,489

30,933

2.50%,

5/01/2040

(d)

8,538

7,482

2.00%,

8/01/2040

(d)

33,158

28,177

2.50%,

8/01/2040

(d)

38,417

33,640

2.00%,

9/01/2040

(d)

56,265

47,900

4.00%,

10/01/2040

(d)

144,023

137,980

2.00%,

11/01/2040

(d)

164,021

139,258

2.00%,

1/01/2041

(d)

139,122

118,035

4.50%,

2/01/2041

(d)

25,375

24,932

2.00%,

4/01/2041

(d)

80,362

67,999

4.50%,

4/01/2041

(d)

136,702

134,392

1.50%,

5/01/2041

(d)

67,242

54,764

2.00%,

5/01/2041

(d)

223,774

189,298

1.50%,

6/01/2041

(d)

21,068

17,152

1.50%,

7/01/2041

(d)

63,633

51,786

5.50%,

7/01/2041

(d)

14,493

14,752

2.00%,

8/01/2041

(d)

125,185

105,811

1.50%,

9/01/2041

(d)

43,872

35,677

2.50%,

10/01/2041

(d)

84,125

73,169

1.50%,

11/01/2041

(d)

67,146

54,562

2.50%,

11/01/2041

(d)

169,790

147,641

2.00%,

12/01/2041

(d)

95,312

80,471

3.50%,

12/01/2041

(d)

21,296

19,815

1.50%,

1/01/2042

(d)

125,192

101,690

2.00%,

2/01/2042

(d)

46,231

39,012

2.50%,

4/01/2042

(d)

68,501

59,447

3.00%,

4/01/2042

(d)

13,480

12,122

3.50%,

4/01/2042

(d)

54,810

50,992

5.00%,

4/01/2042

(d)

39,047

39,271

2.00%,

5/01/2042

(d)

23,069

19,416

2.50%,

5/01/2042

(d)

22,799

19,786

3.00%,

5/01/2042

(d)

197,854

177,308

4.50%,

5/01/2042

(d)

56,871

55,879

3.50%,

6/01/2042

(d)

17,077

15,888

3.50%,

7/01/2042

(d)

46,813

43,173

4.00%,

7/01/2042

(d)

25,676

24,630

4.50%,

9/01/2042

(d)

22,495

21,787

2.50%,

10/01/2042

(d)

57,681

50,114

3.50%,

12/01/2042

(d)

34,128

31,474

3.00%,

4/01/2043

(d)

27,337

24,578

3.00%,

4/01/2043

(d)

155,781

140,058

3.50%,

6/01/2043

(d)

101,232

94,181

4.00%,

10/01/2043

(d)

206,015

197,117

5.50%,

5/01/2044

(d)

114,215

117,040

4.00%,

9/01/2044

(d)

26,458

25,250

3.00%,

10/01/2044

(d)

123,162

110,732

4.00%,

11/01/2044

(d)

25,621

24,451

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

(continued)

4.00%,

1/01/2045

(d)

84,864

81,205

4.00%,

2/01/2045

(d)

56,864

54,407

3.00%,

4/01/2045

(d)

48,543

43,643

3.50%,

4/01/2045

(d)

14,331

13,229

3.50%,

5/01/2045

(d)

18,787

17,342

3.50%,

6/01/2045

(d)

264,889

246,211

3.50%,

8/01/2045

(d)

88,877

82,043

3.50%,

11/01/2045

(d)

24,842

22,932

3.50%,

12/01/2045

(d)

183,225

169,137

3.50%,

1/01/2046

(d)

124,095

114,553

4.00%,

1/01/2046

(d)

55,314

52,761

3.50%,

2/01/2046

(d)

97,098

89,632

3.50%,

2/01/2046

(d)

43,745

40,336

4.50%,

6/01/2046

(d)

30,506

29,919

3.00%,

9/01/2046

(d)

68,993

61,719

3.50%,

9/01/2046

(d)

83,986

77,529

4.50%,

9/01/2046

(d)

98,728

97,005

3.00%,

10/01/2046

(d)

75,357

67,255

3.00%,

10/01/2046

(d)

173,845

155,156

3.00%,

11/01/2046

(d)

402,259

359,014

3.00%,

11/01/2046

(d)

50,537

45,104

3.00%,

11/01/2046

(d)

132,404

118,170

3.00%,

11/01/2046

(d)

387,909

346,207

4.00%,

11/01/2046

(d)

16,099

15,281

3.50%,

1/01/2047

(d)

59,345

54,952

3.00%,

2/01/2047

(d)

206,462

185,625

3.50%,

2/01/2047

(d)

55,226

50,800

4.00%,

2/01/2047

(d)

11,836

11,289

3.00%,

3/01/2047

(d)

501,900

447,943

3.50%,

4/01/2047

(d)

18,159

16,778

4.00%,

5/01/2047

(d)

40,578

38,603

4.50%,

5/01/2047

(d)

51,975

50,961

4.00%,

6/01/2047

(d)

310,067

294,321

3.50%,

7/01/2047

(d)

154,863

144,076

3.00%,

8/01/2047

(d)

79,997

71,397

3.50%,

8/01/2047

(d)

70,666

64,953

3.50%,

10/01/2047

(d)

212,613

196,161

3.50%,

10/01/2047

(d)

22,389

20,579

4.00%,

10/01/2047

(d)

62,729

59,451

3.50%,

11/01/2047

(d)

236,674

217,541

3.50%,

12/01/2047

(d)

51,657

47,610

3.50%,

1/01/2048

(d)

81,149

74,589

3.50%,

2/01/2048

(d)

426,985

392,466

3.50%,

2/01/2048

(d)

41,561

38,266

4.00%,

2/01/2048

(d)

49,713

47,115

3.50%,

3/01/2048

(d)

184,479

169,591

3.00%,

4/01/2048

(d)

173,965

156,407

3.50%,

4/01/2048

(d)

136,009

125,146

4.50%,

4/01/2048

(d)

10,914

10,620

4.50%,

8/01/2048

(d)

25,750

25,056

4.50%,

8/01/2048

(d)

141,639

138,500

3.00%,

9/01/2048

(d)

408,077

364,207

3.50%,

10/01/2048

(d)

153,227

140,839

4.50%,

10/01/2048

(d)

24,438

23,780

3.00%,

11/01/2048

(d)

140,485

125,296

4.00%,

11/01/2048

(d)

63,017

59,723

4.00%,

11/01/2048

(d)

27,542

26,081

4.00%,

2/01/2049

(d)

17,689

16,751

4.00%,

3/01/2049

(d)

123,409

116,865

3.50%,

4/01/2049

(d)

41,645

38,150

63

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

(continued)

4.50%,

4/01/2049

(d)

46,731

45,490

4.00%,

5/01/2049

(d)

53,259

50,529

4.50%,

5/01/2049

(d)

18,740

18,243

4.50%,

5/01/2049

(d)

7,762

7,538

3.50%,

6/01/2049

(d)

107,286

98,281

4.00%,

6/01/2049

(d)

57,911

54,885

4.00%,

6/01/2049

(d)

145,845

138,222

4.00%,

6/01/2049

(d)

554,026

525,068

3.50%,

7/01/2049

(d)

41,045

37,589

4.00%,

7/01/2049

(d)

10,503

9,936

5.00%,

7/01/2049

(d)

9,910

9,855

3.50%,

8/01/2049

(d)

202,292

185,312

3.50%,

8/01/2049

(d)

117,885

107,205

4.50%,

8/01/2049

(d)

84,677

82,571

3.00%,

9/01/2049

(d)

35,569

31,245

3.50%,

9/01/2049

(d)

68,963

63,175

3.50%,

9/01/2049

(d)

36,434

33,375

4.00%,

9/01/2049

(d)

86,476

82,485

4.00%,

9/01/2049

(d)

141,015

133,401

4.50%,

9/01/2049

(d)

13,845

13,443

5.00%,

9/01/2049

(d)

60,962

60,706

5.00%,

9/01/2049

(d)

182,530

182,853

3.00%,

10/01/2049

(d)

105,595

93,368

2.50%,

11/01/2049

(d)

350,298

298,590

2.50%,

11/01/2049

(d)

211,406

180,201

3.00%,

11/01/2049

(d)

135,413

119,734

3.00%,

11/01/2049

(d)

103,141

91,428

4.50%,

11/01/2049

(d)

6,541

6,352

5.00%,

11/01/2049

(d)

160,142

159,056

3.00%,

12/01/2049

(d)

63,528

56,313

3.50%,

12/01/2049

(d)

53,100

48,643

3.50%,

1/01/2050

(d)

38,802

35,545

3.00%,

2/01/2050

(d)

104,173

92,423

3.00%,

2/01/2050

(d)

51,659

45,832

3.00%,

2/01/2050

(d)

85,003

75,350

3.00%,

3/01/2050

(d)

53,736

47,450

4.00%,

3/01/2050

(d)

319,693

302,741

4.50%,

3/01/2050

(d)

64,052

62,327

5.00%,

3/01/2050

(d)

91,867

91,234

2.50%,

4/01/2050

(d)

50,244

42,877

3.00%,

4/01/2050

(d)

52,745

46,569

4.00%,

4/01/2050

(d)

30,490

28,844

2.50%,

5/01/2050

(d)

90,613

77,432

3.50%,

5/01/2050

(d)

174,083

160,073

3.50%,

5/01/2050

(d)

14,157

12,949

2.50%,

6/01/2050

(d)

195,986

167,432

4.00%,

6/01/2050

(d)

21,241

20,094

4.00%,

6/01/2050

(d)

38,636

36,480

2.50%,

7/01/2050

(d)

83,254

70,990

3.00%,

7/01/2050

(d)

53,309

47,131

3.00%,

7/01/2050

(d)

27,908

24,630

3.00%,

7/01/2050

(d)

123,640

109,119

3.00%,

7/01/2050

(d)

59,094

52,382

3.50%,

7/01/2050

(d)

478,221

441,452

3.50%,

7/01/2050

(d)

23,135

21,151

4.00%,

7/01/2050

(d)

154,726

146,094

2.50%,

8/01/2050

(d)

163,867

138,821

2.50%,

8/01/2050

(d)

78,959

67,172

4.00%,

8/01/2050

(d)

335,099

318,081

2.00%,

9/01/2050

(d)

45,980

37,403

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

(continued)

2.00%,

9/01/2050

(d)

38,009

30,918

2.00%,

9/01/2050

(d)

388,107

318,040

2.00%,

9/01/2050

(d)

384,634

314,832

2.00%,

9/01/2050

(d)

30,601

25,231

2.00%,

9/01/2050

(d)

311,391

253,337

2.50%,

9/01/2050

(d)

69,199

58,912

3.00%,

9/01/2050

(d)

185,017

163,245

3.00%,

9/01/2050

(d)

40,125

35,479

3.00%,

9/01/2050

(d)

666,081

587,700

4.50%,

9/01/2050

(d)

193,089

187,888

2.00%,

10/01/2050

(d)

240,177

196,668

2.00%,

10/01/2050

(d)

75,281

61,472

3.00%,

10/01/2050

(d)

82,931

73,329

1.50%,

11/01/2050

(d)

122,562

94,205

2.00%,

11/01/2050

(d)

460,417

372,732

2.00%,

11/01/2050

(d)

136,438

112,213

2.00%,

11/01/2050

(d)

747,401

607,885

2.50%,

11/01/2050

(d)

203,879

174,033

3.50%,

11/01/2050

(d)

204,527

187,078

1.50%,

12/01/2050

(d)

112,769

86,678

2.00%,

12/01/2050

(d)

246,488

200,505

2.00%,

12/01/2050

(d)

722,979

587,939

2.00%,

12/01/2050

(d)

118,093

96,700

2.00%,

12/01/2050

(d)

448,677

364,820

2.00%,

12/01/2050

(d)

155,038

126,099

2.00%,

12/01/2050

(d)

58,972

47,957

2.00%,

12/01/2050

(d)

223,270

182,314

2.50%,

12/01/2050

(d)

252,746

214,692

3.00%,

12/01/2050

(d)

285,536

252,475

1.50%,

1/01/2051

(d)

83,637

64,287

2.00%,

1/01/2051

(d)

159,470

130,482

2.00%,

1/01/2051

(d)

724,442

588,959

2.00%,

1/01/2051

(d)

472,909

384,467

2.00%,

1/01/2051

(d)

185,103

150,507

2.00%,

1/01/2051

(d)

1,276,085

1,050,388

3.00%,

1/01/2051

(d)

55,590

49,022

1.50%,

2/01/2051

(d)

81,894

62,947

2.00%,

2/01/2051

(d)

1,362,924

1,108,035

2.00%,

2/01/2051

(d)

224,983

183,876

2.50%,

2/01/2051

(d)

877,847

748,532

2.50%,

2/01/2051

(d)

222,883

189,843

2.50%,

2/01/2051

(d)

17,778

15,116

2.50%,

2/01/2051

(d)

423,284

358,391

2.50%,

2/01/2051

(d)

140,066

118,956

1.50%,

3/01/2051

(d)

62,684

48,359

2.00%,

3/01/2051

(d)

161,123

130,658

2.50%,

3/01/2051

(d)

298,866

254,976

2.00%,

4/01/2051

(d)

125,301

101,823

2.00%,

4/01/2051

(d)

579,369

469,777

2.00%,

4/01/2051

(d)

89,964

72,940

2.00%,

4/01/2051

(d)

168,526

136,635

2.50%,

4/01/2051

(d)

161,152

135,911

2.00%,

5/01/2051

(d)

316,772

256,828

2.00%,

5/01/2051

(d)

223,612

180,995

2.50%,

5/01/2051

(d)

177,480

149,682

2.50%,

5/01/2051

(d)

663,563

560,013

3.00%,

5/01/2051

(d)

107,044

94,114

1.50%,

6/01/2051

(d)

174,691

134,732

1.50%,

6/01/2051

(d)

65,879

50,552

2.50%,

6/01/2051

(d)

121,794

103,941

64

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

(continued)

3.00%,

6/01/2051

(d)

144,256

126,802

2.00%,

7/01/2051

(d)

289,807

234,847

2.00%,

7/01/2051

(d)

260,036

212,998

2.00%,

7/01/2051

(d)

182,912

148,299

2.00%,

7/01/2051

(d)

119,178

96,945

2.00%,

7/01/2051

(d)

325,421

263,790

2.50%,

7/01/2051

(d)

83,715

71,140

2.50%,

7/01/2051

(d)

264,170

224,205

1.50%,

8/01/2051

(d)

90,462

69,700

2.00%,

8/01/2051

(d)

620,827

503,153

2.00%,

8/01/2051

(d)

22,291

18,068

2.00%,

8/01/2051

(d)

247,218

201,250

2.50%,

8/01/2051

(d)

290,379

245,032

2.50%,

8/01/2051

(d)

431,105

365,870

2.50%,

8/01/2051

(d)

138,798

117,043

1.50%,

9/01/2051

(d)

114,311

88,064

2.00%,

9/01/2051

(d)

555,745

450,363

2.00%,

9/01/2051

(d)

541,966

439,143

2.00%,

9/01/2051

(d)

349,595

282,968

2.50%,

9/01/2051

(d)

87,729

74,084

2.50%,

9/01/2051

(d)

286,195

241,582

2.50%,

9/01/2051

(d)

401,864

339,090

1.50%,

10/01/2051

(d)

386,037

297,359

2.00%,

10/01/2051

(d)

715,947

580,188

2.00%,

10/01/2051

(d)

112,954

92,092

2.00%,

10/01/2051

(d)

199,912

162,990

2.00%,

10/01/2051

(d)

180,505

146,252

2.00%,

10/01/2051

(d)

175,620

143,239

2.50%,

10/01/2051

(d)

900,902

760,141

2.50%,

10/01/2051

(d)

446,440

378,830

2.50%,

11/01/2051

(d)

275,778

232,678

3.00%,

11/01/2051

(d)

109,081

95,829

2.00%,

12/01/2051

(d)

135,666

110,525

2.00%,

12/01/2051

(d)

476,344

385,945

2.50%,

12/01/2051

(d)

667,926

563,515

2.50%,

12/01/2051

(d)

543,270

460,559

2.50%,

12/01/2051

(d)

1,050,823

893,866

2.50%,

12/01/2051

(d)

88,290

74,929

3.00%,

12/01/2051

(d)

153,520

135,508

2.00%,

1/01/2052

(d)

1,315,713

1,065,919

2.50%,

1/01/2052

(d)

433,952

370,097

2.50%,

1/01/2052

(d)

244,991

209,163

2.50%,

1/01/2052

(d)

147,342

124,345

2.50%,

1/01/2052

(d)

453,472

384,814

2.50%,

1/01/2052

(d)

152,030

129,193

3.50%,

1/01/2052

(d)

74,382

68,422

2.00%,

2/01/2052

(d)

252,642

206,014

2.50%,

2/01/2052

(d)

274,011

231,156

2.50%,

2/01/2052

(d)

88,573

75,156

2.50%,

3/01/2052

(d)

158,381

134,284

3.00%,

3/01/2052

(d)

637,642

559,446

3.00%,

3/01/2052

(d)

50,830

44,643

3.00%,

3/01/2052

(d)

183,284

161,272

1.50%,

4/01/2052

(d)

398,827

306,039

2.00%,

4/01/2052

(d)

495,959

401,346

2.50%,

4/01/2052

(d)

686,007

578,795

3.00%,

4/01/2052

(d)

255,532

223,930

3.50%,

4/01/2052

(d)

147,279

133,703

3.50%,

4/01/2052

(d)

179,059

162,528

3.50%,

4/01/2052

(d)

123,053

111,605

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

(continued)

3.00%,

5/01/2052

(d)

413,594

365,668

3.50%,

5/01/2052

(d)

97,857

88,753

3.50%,

5/01/2052

(d)

46,992

42,632

3.50%,

5/01/2052

(d)

191,202

173,745

4.00%,

5/01/2052

(d)

24,006

22,453

4.00%,

5/01/2052

(d)

47,353

44,244

2.00%,

6/01/2052

(d)

637,068

516,118

3.00%,

6/01/2052

(d)

127,943

112,113

3.50%,

6/01/2052

(d)

208,577

189,501

3.50%,

6/01/2052

(d)

23,406

21,225

4.00%,

6/01/2052

(d)

261,345

244,100

4.00%,

7/01/2052

(d)

215,028

200,953

4.50%,

7/01/2052

(d)

142,413

137,003

4.50%,

7/01/2052

(d)

23,309

22,323

2.50%,

8/01/2052

(d)

23,736

20,006

4.00%,

8/01/2052

(d)

95,622

89,343

5.00%,

8/01/2052

(d)

46,844

45,769

5.00%,

8/01/2052

(d)

23,118

22,588

4.00%,

9/01/2052

(d)

95,466

89,174

4.50%,

9/01/2052

(d)

272,141

260,653

4.50%,

9/01/2052

(d)

254,942

244,141

5.00%,

9/01/2052

(d)

42,022

41,105

5.00%,

9/01/2052

(d)

47,379

46,298

3.50%,

10/01/2052

(d)

580,517

526,147

5.00%,

10/01/2052

(d)

281,832

275,365

5.50%,

10/01/2052

(d)

22,775

22,623

3.50%,

11/01/2052

(d)

48,289

43,758

4.00%,

11/01/2052

(d)

24,177

22,575

4.50%,

11/01/2052

(d)

143,769

137,679

5.50%,

11/01/2052

(d)

189,049

187,909

4.50%,

12/01/2052

(d)

96,628

92,535

5.50%,

12/01/2052

(d)

70,774

70,302

5.00%,

2/01/2053

(d)

24,206

23,651

6.00%,

2/01/2053

(d)

24,228

24,631

5.50%,

3/01/2053

(d)

120,996

120,202

5.00%,

4/01/2053

(d)

49,813

48,667

5.50%,

4/01/2053

(d)

96,789

96,140

5.00%,

5/01/2053

(d)

49,254

48,121

5.50%,

6/01/2053

(d)

98,530

97,871

4.50%,

7/01/2053

(d)

199,012

190,565

5.00%,

7/01/2053

(d)

75,000

73,879

6.00%,

7/01/2053

(d)

24,814

24,960

2.00%,

8/15/2053

(d)(e)

400,000

323,697

4.00%,

8/15/2053

(d)(e)

250,000

233,480

4.50%,

8/15/2053

(d)(e)

950,000

909,854

5.00%,

8/15/2053

(d)(e)

1,075,000

1,050,372

5.50%,

8/15/2053

(d)(e)

850,000

844,332

6.00%,

8/15/2053

(d)(e)

1,300,000

1,307,618

6.50%,

8/15/2053

(d)(e)

450,000

458,811

5.00%,

9/15/2053

(d)(e)

325,000

317,688

5.50%,

9/15/2053

(d)(e)

300,000

298,024

6.00%,

9/15/2053

(d)(e)

100,000

100,572

6.50%,

9/15/2053

(d)(e)

150,000

152,814

Federal

National

Mortgage

Association

REMICs

Series

2017-M13,

Class

A2,

2.93%,

9/25/2027

(d)

228,032

212,608

Series

2022-M11,

Class

A2,

2.95%,

10/25/2027

(d)

182,195

169,880

65

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Federal

National

Mortgage

Association

REMICs

(continued)

Series

2018-M1,

Class

A2,

2.99%,

12/25/2027

(d)

35,088

32,740

Series

2019-M1,

Class

A2,

3.55%,

9/25/2028

(d)

21,999

20,929

Series

2019-M5,

Class

A2,

3.27%,

2/25/2029

(d)

39,134

36,491

Series

2019-M7,

Class

A2,

3.14%,

4/25/2029

(d)

16,565

15,289

Series

2019-M12,

Class

A2,

2.89%,

6/25/2029

(d)

98,307

89,419

Series

2019-M22,

Class

A2,

2.52%,

8/25/2029

(d)

35,777

31,801

Series

2020-M20,

Class

A2,

1.44%,

10/25/2029

(d)

200,000

165,872

Series

2020-M1,

Class

A1,

2.15%,

10/25/2029

(d)

20,713

19,222

Series

2020-M1,

Class

A2,

2.44%,

10/25/2029

(d)

200,000

175,744

Series

2018-M13,

Class

A2,

3.74%,

9/25/2030

(d)

7,908

7,475

Series

2021-M1G,

Class

A2,

1.47%,

11/25/2030

(d)

60,000

48,070

Series

2021-M13,

Class

2A1,

1.49%,

11/25/2032

(d)

83,873

74,914

Government

National

Mortgage

Association

3.00%,

8/15/2053

(e)

375,000

333,680

4.00%,

8/15/2053

(e)

550,000

518,050

4.50%,

8/15/2053

(e)

325,000

312,646

5.00%,

8/15/2053

(e)

700,000

686,016

5.50%,

8/15/2053

(e)

850,000

844,936

6.00%,

8/15/2053

(e)

575,000

577,685

5.00%,

9/15/2053

(e)

150,000

147,046

5.50%,

9/15/2053

(e)

125,000

124,257

7.00%,

9/15/2053

(e)

175,000

179,238

Government

National

Mortgage

Association

II

3.50%,

10/20/2026

13,588

13,145

2.50%,

12/20/2037

41,085

37,315

5.00%,

9/20/2039

65,131

65,751

4.50%,

2/20/2040

27,970

27,616

4.00%,

10/20/2040

18,385

17,772

5.00%,

10/20/2040

22,414

22,604

4.00%,

11/20/2040

48,726

47,100

4.50%,

1/20/2041

12,805

12,656

4.50%,

9/20/2041

24,660

24,415

4.00%,

11/20/2041

16,948

16,353

3.00%,

6/20/2042

20,065

18,260

3.00%,

8/20/2042

48,844

44,450

2.50%,

2/20/2043

238,446

209,837

3.50%,

2/20/2043

39,702

37,329

3.50%,

3/20/2043

29,961

28,142

3.00%,

4/20/2043

62,901

57,157

3.50%,

7/20/2043

79,750

74,907

3.50%,

9/20/2044

173,955

163,203

4.00%,

11/20/2044

200,285

192,427

4.50%,

1/20/2045

24,900

24,434

3.50%,

2/20/2045

30,967

29,053

3.50%,

6/20/2045

234,108

218,814

3.00%,

8/20/2045

274,689

249,095

3.50%,

11/20/2045

109,046

101,922

3.50%,

12/20/2045

41,458

38,750

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Government

National

Mortgage

Association

II

(continued)

3.50%,

3/20/2046

217,306

203,110

4.00%,

3/20/2046

98,661

94,574

3.00%,

4/20/2046

38,751

35,092

3.00%,

6/20/2046

143,504

129,953

3.50%,

6/20/2046

77,629

72,639

4.00%,

6/20/2046

118,711

113,587

3.00%,

9/20/2046

188,118

170,355

2.50%,

10/20/2046

8,694

7,611

3.00%,

10/20/2046

35,654

32,288

3.00%,

11/20/2046

36,690

33,226

3.50%,

11/20/2046

82,765

77,305

2.50%,

12/20/2046

146,031

127,849

3.00%,

1/20/2047

81,486

73,792

4.00%,

1/20/2047

101,398

97,022

3.00%,

2/20/2047

369,944

335,013

3.50%,

2/20/2047

317,783

296,818

4.00%,

2/20/2047

68,262

65,315

3.00%,

5/20/2047

68,210

61,557

3.50%,

5/20/2047

113,117

105,603

4.00%,

8/20/2047

177,984

170,058

4.50%,

9/20/2047

31,363

30,604

3.00%,

10/20/2047

10,177

9,184

3.00%,

1/20/2048

290,585

262,243

3.50%,

1/20/2048

388,651

361,757

3.50%,

2/20/2048

150,506

140,227

4.50%,

3/20/2048

168,073

164,006

4.00%,

4/20/2048

212,931

202,996

3.50%,

5/20/2048

139,927

130,244

4.50%,

5/20/2048

136,183

132,887

4.50%,

6/20/2048

85,787

83,643

5.00%,

6/20/2048

72,596

72,268

4.00%,

7/20/2048

11,926

11,370

4.00%,

9/20/2048

12,397

11,818

3.50%,

10/20/2048

32,403

30,143

4.00%,

11/20/2048

36,337

34,642

4.50%,

11/20/2048

90,797

88,528

5.00%,

12/20/2048

40,134

39,888

3.50%,

1/20/2049

101,816

94,771

4.50%,

1/20/2049

22,848

22,277

4.00%,

2/20/2049

18,429

17,569

3.50%,

3/20/2049

21,615

20,107

3.00%,

8/20/2049

33,254

29,912

3.00%,

10/20/2049

170,151

152,956

2.50%,

12/20/2049

79,633

69,373

3.50%,

12/20/2049

44,180

41,094

3.00%,

1/20/2050

227,124

203,983

3.00%,

2/20/2050

282,344

253,498

3.50%,

4/20/2050

13,813

12,844

4.00%,

5/20/2050

13,635

12,990

5.00%,

5/20/2050

30,393

30,315

2.50%,

6/20/2050

220,444

191,549

2.50%,

7/20/2050

455,742

395,878

3.00%,

7/20/2050

56,496

50,674

3.50%,

7/20/2050

246,953

229,603

2.00%,

8/20/2050

618,329

519,698

3.00%,

8/20/2050

30,664

27,499

4.00%,

8/20/2050

82,269

78,376

4.50%,

8/20/2050

19,023

18,547

2.50%,

9/20/2050

545,663

473,685

4.50%,

9/20/2050

16,197

15,792

66

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Government

National

Mortgage

Association

II

(continued)

2.50%,

10/20/2050

125,392

108,817

2.00%,

11/20/2050

613,492

515,124

3.00%,

11/20/2050

35,583

31,905

2.00%,

12/20/2050

331,432

278,237

2.50%,

12/20/2050

295,073

255,962

3.50%,

12/20/2050

11,846

10,954

2.00%,

1/20/2051

515,228

432,406

2.50%,

1/20/2051

363,544

315,186

3.00%,

1/20/2051

453,983

406,919

1.50%,

2/20/2051

78,472

62,954

2.50%,

2/20/2051

235,337

203,914

3.00%,

2/20/2051

189,223

169,577

2.00%,

3/20/2051

563,947

472,780

2.50%,

3/20/2051

344,286

298,220

4.00%,

3/20/2051

51,259

48,834

2.00%,

4/20/2051

153,913

128,994

2.50%,

4/20/2051

313,319

271,309

3.50%,

4/20/2051

99,932

92,364

2.00%,

5/20/2051

353,626

296,284

2.50%,

5/20/2051

374,556

324,232

2.50%,

6/20/2051

90,090

77,961

2.00%,

7/20/2051

184,905

154,830

2.50%,

7/20/2051

20,313

17,572

3.50%,

7/20/2051

92,186

85,162

2.50%,

8/20/2051

372,534

322,171

2.00%,

9/20/2051

468,337

391,931

2.50%,

9/20/2051

29,523

25,524

2.00%,

10/20/2051

370,221

309,731

2.50%,

10/20/2051

1,008,500

871,599

3.50%,

10/20/2051

83,889

77,187

2.00%,

11/20/2051

993,863

831,231

3.00%,

11/20/2051

179,159

160,012

2.00%,

12/20/2051

267,454

223,623

2.50%,

12/20/2051

246,539

213,004

3.00%,

12/20/2051

186,947

166,916

2.00%,

1/20/2052

812,683

679,297

2.50%,

1/20/2052

340,137

293,775

3.00%,

1/20/2052

638,813

570,188

3.50%,

1/20/2052

134,618

123,864

2.00%,

2/20/2052

113,861

95,037

2.50%,

2/20/2052

361,745

312,337

3.00%,

2/20/2052

183,978

163,927

3.50%,

2/20/2052

77,109

70,948

2.00%,

3/20/2052

299,865

250,289

2.50%,

3/20/2052

750,397

647,865

2.00%,

4/20/2052

32,352

27,003

3.50%,

4/20/2052

420,349

386,204

3.00%,

5/20/2052

69,914

62,334

3.50%,

5/20/2052

140,627

129,204

2.50%,

6/20/2052

32,157

27,758

3.00%,

6/20/2052

93,891

83,521

4.00%,

6/20/2052

71,084

66,929

3.50%,

7/20/2052

142,747

131,151

4.50%,

7/20/2052

428,658

412,296

3.00%,

8/20/2052

23,363

20,830

4.00%,

8/20/2052

336,170

316,521

4.50%,

8/20/2052

431,700

415,222

3.50%,

9/20/2052

96,257

88,438

4.00%,

9/20/2052

193,489

182,180

4.50%,

9/20/2052

48,297

46,453

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

29.0%

(continued)

Government

National

Mortgage

Association

II

(continued)

5.50%,

9/20/2052

69,701

69,285

3.00%,

11/20/2052

288,973

257,578

4.00%,

12/20/2052

102,827

96,816

6.50%,

12/20/2052

97,122

98,719

5.00%,

1/20/2053

122,970

120,503

5.00%,

2/20/2053

418,512

410,115

4.50%,

3/20/2053

113,752

109,410

4.00%,

5/20/2053

34,823

32,788

6.50%,

5/20/2053

173,673

176,543

4.50%,

7/20/2053

50,000

48,079

Tennessee

Valley

Authority

Series

B,

4.70%,

7/15/2033

157,000

159,315

5.25%,

9/15/2039

170,000

177,910

Total

U.S.

Government

Agencies

(cost

$148,024,908)

136,426,203

U.S.

Treasury

Government

Securities

–

40.5%

U.S.

Treasury

Bonds

4.50%,

2/15/2036

(a)

275,000

292,402

4.75%,

2/15/2037

300,000

326,672

5.00%,

5/15/2037

(a)

35,000

39,036

4.38%,

2/15/2038

830,000

868,387

4.50%,

5/15/2038

640,000

677,300

1.13%,

5/15/2040

1,290,000

818,142

4.38%,

5/15/2040

30,000

31,120

1.13%,

8/15/2040

1,050,000

659,859

3.88%,

8/15/2040

1,150,000

1,119,633

1.38%,

11/15/2040

885,000

579,260

4.25%,

11/15/2040

74,000

75,515

1.88%,

2/15/2041

2,535,000

1,803,811

4.75%,

2/15/2041

190,000

205,883

2.25%,

5/15/2041

815,000

615,070

4.38%,

5/15/2041

200,000

206,500

1.75%,

8/15/2041

1,080,000

744,862

3.75%,

8/15/2041

75,000

71,086

2.00%,

11/15/2041

1,385,000

993,737

3.13%,

11/15/2041

120,000

103,800

2.38%,

2/15/2042

865,000

659,833

3.13%,

2/15/2042

300,000

258,609

3.00%,

5/15/2042

570,000

480,136

3.25%,

5/15/2042

815,000

712,743

2.75%,

8/15/2042

717,000

578,977

3.38%,

8/15/2042

410,000

364,836

2.75%,

11/15/2042

347,000

279,715

4.00%,

11/15/2042

180,000

175,331

3.13%,

2/15/2043

310,000

264,517

3.88%,

2/15/2043

600,000

573,375

2.88%,

5/15/2043

330,000

269,981

3.88%,

5/15/2043

(a)

1,050,000

1,003,734

3.75%,

11/15/2043

300,000

280,312

3.63%,

2/15/2044

150,000

137,484

3.38%,

5/15/2044

70,000

61,677

3.13%,

8/15/2044

140,000

118,409

3.00%,

11/15/2044

1,175,000

971,945

2.50%,

2/15/2045

1,275,000

964,219

3.00%,

5/15/2045

295,000

243,283

2.88%,

8/15/2045

5,000

4,028

2.50%,

2/15/2046

125,000

93,789

2.50%,

5/15/2046

355,000

266,084

2.25%,

8/15/2046

275,000

195,680

67

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.5%

(continued)

U.S.

Treasury

Bonds

(continued)

2.88%,

11/15/2046

145,000

116,430

3.00%,

2/15/2047

265,000

217,466

3.00%,

5/15/2047

380,000

311,659

2.75%,

8/15/2047

1,165,000

911,977

2.75%,

11/15/2047

925,000

723,957

3.00%,

2/15/2048

1,391,000

1,141,272

3.13%,

5/15/2048

1,110,000

932,053

3.00%,

8/15/2048

375,000

307,734

3.38%,

11/15/2048

195,000

171,448

3.00%,

2/15/2049

665,000

546,859

2.88%,

5/15/2049

1,625,000

1,306,602

2.25%,

8/15/2049

615,000

434,152

2.38%,

11/15/2049

1,355,000

983,222

2.00%,

2/15/2050

735,000

489,349

1.25%,

5/15/2050

1,788,000

975,019

1.38%,

8/15/2050

1,295,000

729,854

1.63%,

11/15/2050

1,465,000

882,662

1.88%,

2/15/2051

1,415,000

908,695

2.38%,

5/15/2051

1,785,000

1,288,547

2.00%,

8/15/2051

1,150,000

760,437

1.88%,

11/15/2051

1,295,000

828,598

2.25%,

2/15/2052

1,350,000

946,687

2.88%,

5/15/2052

920,000

740,744

3.00%,

8/15/2052

670,000

553,692

4.00%,

11/15/2052

650,000

649,695

3.63%,

2/15/2053

1,000,000

932,969

3.63%,

5/15/2053

745,000

696,109

U.S.

Treasury

Notes

0.38%,

8/15/2024

1,370,000

1,301,393

2.38%,

8/15/2024

1,775,000

1,721,473

1.25%,

8/31/2024

295,000

282,290

1.88%,

8/31/2024

600,000

578,039

3.25%,

8/31/2024

(a)

905,000

884,956

0.38%,

9/15/2024

955,000

903,706

1.50%,

9/30/2024

800,000

765,719

2.13%,

9/30/2024

100,000

96,391

4.25%,

9/30/2024

715,000

706,230

0.63%,

10/15/2024

1,275,000

1,205,423

1.50%,

10/31/2024

270,000

257,671

2.25%,

10/31/2024

681,000

656,021

4.38%,

10/31/2024

1,160,000

1,146,905

0.75%,

11/15/2024

1,095,000

1,033,492

2.25%,

11/15/2024

865,000

832,461

1.50%,

11/30/2024

885,000

842,375

2.13%,

11/30/2024

25,000

23,995

4.50%,

11/30/2024

1,300,000

1,286,898

1.00%,

12/15/2024

1,120,000

1,057,394

1.75%,

12/31/2024

1,020,000

971,869

2.25%,

12/31/2024

210,000

201,534

4.25%,

12/31/2024

1,300,000

1,282,531

1.13%,

1/15/2025

1,855,000

1,749,787

1.38%,

1/31/2025

575,000

543,712

2.50%,

1/31/2025

100,000

96,141

4.13%,

1/31/2025

1,175,000

1,157,146

1.50%,

2/15/2025

760,000

719,091

2.00%,

2/15/2025

850,000

810,455

1.13%,

2/28/2025

1,075,000

1,010,164

1.75%,

3/15/2025

420,000

398,163

0.50%,

3/31/2025

1,915,000

1,776,387

2.63%,

3/31/2025

500,000

480,488

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.5%

(continued)

U.S.

Treasury

Notes

(continued)

3.88%,

3/31/2025

450,000

441,334

2.63%,

4/15/2025

680,000

653,039

2.88%,

4/30/2025

240,000

231,347

3.88%,

4/30/2025

710,000

696,382

2.13%,

5/15/2025

605,000

575,294

2.75%,

5/15/2025

375,000

360,557

0.25%,

5/31/2025

1,570,000

1,440,843

2.88%,

5/31/2025

705,000

678,976

2.88%,

6/15/2025

1

840,000

808,664

0.25%,

6/30/2025

2,100,000

1,922,484

4.63%,

6/30/2025

230,000

228,715

0.25%,

7/31/2025

1,800,000

1,642,289

4.75%,

7/31/2025

500,000

498,848

2.00%,

8/15/2025

380,000

358,952

3.13%,

8/15/2025

950,000

917,863

0.25%,

8/31/2025

1,935,000

1,760,396

2.75%,

8/31/2025

(a)

690,000

661,214

3.50%,

9/15/2025

640,000

622,750

0.25%,

9/30/2025

1,535,000

1,393,492

4.25%,

10/15/2025

1,130,000

1,117,023

0.25%,

10/31/2025

1,665,000

1,506,175

2.25%,

11/15/2025

990,000

936,246

4.50%,

11/15/2025

645,000

641,120

0.38%,

11/30/2025

425,000

384,525

2.88%,

11/30/2025

100,000

95,891

4.00%,

12/15/2025

665,000

654,194

0.38%,

12/31/2025

535,000

483,255

2.63%,

12/31/2025

(a)

450,000

428,801

3.88%,

1/15/2026

690,000

676,901

0.38%,

1/31/2026

1,010,000

908,842

2.63%,

1/31/2026

275,000

261,873

1.63%,

2/15/2026

605,000

561,327

4.00%,

2/15/2026

1,230,000

1,210,589

0.50%,

2/28/2026

590,000

531,277

2.50%,

2/28/2026

560,000

531,169

0.75%,

3/31/2026

1,040,000

941,606

2.25%,

3/31/2026

580,000

546,242

3.75%,

4/15/2026

675,000

660,551

0.75%,

4/30/2026

860,000

775,948

2.38%,

4/30/2026

(a)

245,000

231,295

1.63%,

5/15/2026

880,000

812,969

3.63%,

5/15/2026

180,000

175,598

0.75%,

5/31/2026

1,070,000

963,000

2.13%,

5/31/2026

355,000

332,424

4.13%,

6/15/2026

600,000

593,578

0.88%,

6/30/2026

935,000

843,691

1.88%,

6/30/2026

380,000

353,073

4.50%,

7/15/2026

725,000

724,717

0.63%,

7/31/2026

965,000

861,338

1.88%,

7/31/2026

314,000

291,088

1.50%,

8/15/2026

1,360,000

1,245,037

0.75%,

8/31/2026

2,190,000

1,957,141

1.38%,

8/31/2026

395,000

359,882

0.88%,

9/30/2026

1,830,000

1,639,709

1.63%,

9/30/2026

310,000

284,280

1.13%,

10/31/2026

845,000

761,094

1.63%,

10/31/2026

405,000

370,733

2.00%,

11/15/2026

920,000

851,862

1.25%,

11/30/2026

1,280,000

1,155,300

1.63%,

11/30/2026

375,000

342,715

68

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.5%

(continued)

U.S.

Treasury

Notes

(continued)

1.25%,

12/31/2026

1,180,000

1,063,475

1.75%,

12/31/2026

185,000

169,593

1.50%,

1/31/2027

1,425,000

1,292,297

2.25%,

2/15/2027

775,000

721,355

1.13%,

2/28/2027

135,000

120,646

1.88%,

2/28/2027

915,000

839,798

0.63%,

3/31/2027

830,000

726,120

0.50%,

4/30/2027

645,000

559,991

0.50%,

5/31/2027

1,190,000

1,030,559

0.50%,

6/30/2027

1,710,000

1,477,013

0.38%,

7/31/2027

2,380,000

2,038,991

2.75%,

7/31/2027

460,000

433,694

2.25%,

8/15/2027

655,000

605,261

0.50%,

8/31/2027

1,875,000

1,610,596

3.13%,

8/31/2027

1,095,000

1,047,008

0.38%,

9/30/2027

1,260,000

1,073,855

4.13%,

9/30/2027

677,000

672,610

0.50%,

10/31/2027

990,000

846,063

4.13%,

10/31/2027

715,000

710,475

2.25%,

11/15/2027

1,135,000

1,045,264

0.63%,

11/30/2027

1,590,000

1,362,928

0.63%,

12/31/2027

1,415,000

1,210,046

3.88%,

12/31/2027

715,000

704,052

3.50%,

1/31/2028

190,000

184,300

2.75%,

2/15/2028

655,000

614,984

1.13%,

2/29/2028

605,000

527,343

4.00%,

2/29/2028

195,000

193,248

1.25%,

3/31/2028

785,000

686,998

3.63%,

3/31/2028

575,000

560,805

1.25%,

4/30/2028

915,000

799,195

3.50%,

4/30/2028

650,000

630,500

2.88%,

5/15/2028

752,000

708,642

1.25%,

5/31/2028

925,000

806,340

3.63%,

5/31/2028

1,700,000

1,659,492

1.25%,

6/30/2028

2,130,000

1,853,599

4.00%,

6/30/2028

745,000

739,063

1.00%,

7/31/2028

2,280,000

1,954,922

4.13%,

7/31/2028

780,000

778,598

2.88%,

8/15/2028

1,479,000

1,391,531

1.13%,

8/31/2028

2,490,000

2,144,513

1.25%,

9/30/2028

1,300,000

1,124,297

1.38%,

10/31/2028

1,555,000

1,351,271

3.13%,

11/15/2028

1,045,000

993,321

1.50%,

11/30/2028

1,930,000

1,685,433

1.38%,

12/31/2028

2,135,000

1,849,777

1.75%,

1/31/2029

1,060,000

935,367

2.63%,

2/15/2029

997,000

921,368

1.88%,

2/28/2029

1,430,000

1,268,902

2.38%,

3/31/2029

900,000

819,422

2.88%,

4/30/2029

800,000

747,813

2.38%,

5/15/2029

665,000

604,838

2.75%,

5/31/2029

815,000

756,167

3.25%,

6/30/2029

2,000,000

1,906,094

2.63%,

7/31/2029

600,000

552,047

3.13%,

8/31/2029

470,000

444,591

3.88%,

9/30/2029

545,000

537,123

4.00%,

10/31/2029

415,000

411,920

3.88%,

11/30/2029

555,000

547,239

3.88%,

12/31/2029

580,000

571,934

4.00%,

2/28/2030

550,000

546,563

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

40.5%

(continued)

U.S.

Treasury

Notes

(continued)

3.63%,

3/31/2030

410,000

398,661

3.50%,

4/30/2030

580,000

559,881

0.63%,

5/15/2030

1,570,000

1,252,811

3.75%,

5/31/2030

595,000

583,100

3.75%,

6/30/2030

300,000

294,094

4.00%,

7/31/2030

635,000

632,321

0.63%,

8/15/2030

1,905,000

1,510,308

0.88%,

11/15/2030

1,965,000

1,582,746

1.13%,

2/15/2031

(a)

575,000

470,152

1.63%,

5/15/2031

1,855,000

1,566,026

1.25%,

8/15/2031

3,330,000

2,712,389

1.38%,

11/15/2031

3,580,000

2,928,888

1.88%,

2/15/2032

1,610,000

1,367,242

2.88%,

5/15/2032

1,195,000

1,097,720

2.75%,

8/15/2032

2,035,000

1,847,398

4.13%,

11/15/2032

1,665,000

1,683,991

3.50%,

2/15/2033

1,960,000

1,888,950

3.38%,

5/15/2033

1,800,000

1,716,469

Total

U.S.

Treasury

Government

Securities

(cost

$203,058,976)

190,620,875

Shares

Investment

Companies

–

2.4%

Registered

Investment

Companies

–

2.4%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$11,368,476)

11,368,476

11,368,476

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.5%

Registered

Investment

Companies

–

0.5%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$2,349,735)

2,349,735

2,349,735

Total

Investments

(cost

$517,434,249)

102.2%

480,678,380

Liabilities,

Less

Cash

and

Receivables

(2.2)%

(10,297,551)

Net

Assets

100.0%

470,380,829

GO—General

Obligation

RB—Revenue

Bond

REMICs—Real

Estate

Mortgage

Investment

Conduits

(a)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$6,643,473

and

the

value

of

the

collateral

was

$6,864,533,

consisting

of

cash

collateral

of

$2,349,735

and

U.S.

Government

&

Agency

securities

valued

at

$4,514,798.

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

July

31,

2023,

these

securities

were

valued

at

$1,322,226

or

0.28%

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

July

31,

2023.

69

STATEMENT

OF

INVESTMENTS

July

31,

2023

(Unaudited)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

Basic

Materials

–

1.6%

ArcelorMittal

SA

4.55%,

3/11/2026

25,000

24,474

6.55%,

11/29/2027

25,000

25,862

BHP

Billiton

Finance

USA

Ltd.,

4.75%,

2/28/2028

50,000

49,827

Celanese

US

Holdings

LLC,

6.17%,

7/15/2027

125,000

125,942

DuPont

de

Nemours,

Inc.,

4.49%,

11/15/2025

35,000

34,364

Eastman

Chemical

Co.,

3.80%,

3/15/2025

25,000

24,305

Ecolab,

Inc.,

5.25%,

1/15/2028

100,000

101,806

Freeport-McMoRan,

Inc.,

4.55%,

11/14/2024

50,000

49,125

Linde,

Inc.,

2.65%,

2/05/2025

50,000

48,059

Nucor

Corp.,

2.00%,

6/01/2025

50,000

47,039

Nutrien

Ltd.,

4.00%,

12/15/2026

75,000

72,161

PPG

Industries,

Inc.,

1.20%,

3/15/2026

50,000

44,990

Sherwin-Williams

Co.

(The),

3.95%,

1/15/2026

75,000

72,711

Steel

Dynamics,

Inc.,

2.40%,

6/15/2025

50,000

46,951

767,616

Communications

–

6.0%

Alphabet,

Inc.,

2.00%,

8/15/2026

50,000

46,303

Amazon.com,

Inc.

2.80%,

8/22/2024

85,000

82,736

0.80%,

6/03/2025

20,000

18,567

1.00%,

5/12/2026

70,000

63,208

3.30%,

4/13/2027

100,000

95,348

1.20%,

6/03/2027

70,000

61,665

4.55%,

12/01/2027

75,000

74,948

AT&T,

Inc.

5.54%,

2/20/2026

100,000

99,798

2.30%,

6/01/2027

125,000

112,007

1.65%,

2/01/2028

100,000

85,446

Booking

Holdings,

Inc.,

3.65%,

3/15/2025

50,000

48,776

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

4.91%,

7/23/2025

125,000

123,044

4.20%,

3/15/2028

50,000

46,806

Cisco

Systems,

Inc.,

2.50%,

9/20/2026

35,000

33,017

Comcast

Corp.

3.38%,

8/15/2025

25,000

24,177

3.95%,

10/15/2025

25,000

24,415

3.15%,

3/01/2026

25,000

23,924

2.35%,

1/15/2027

50,000

46,044

5.35%,

11/15/2027

125,000

127,189

Discovery

Communications

LLC,

3.95%,

6/15/2025

25,000

24,146

eBay,

Inc.

3.45%,

8/01/2024

25,000

24,473

1.90%,

3/11/2025

25,000

23,669

1.40%,

5/10/2026

35,000

31,663

Expedia

Group,

Inc.,

5.00%,

2/15/2026

35,000

34,728

Fox

Corp.,

3.05%,

4/07/2025

25,000

24,097

Juniper

Networks,

Inc.,

1.20%,

12/10/2025

25,000

22,535

Meta

Platforms,

Inc.

3.50%,

8/15/2027

65,000

62,078

4.60%,

5/15/2028

50,000

49,835

Netflix,

Inc.,

4.88%,

4/15/2028

100,000

98,844

Omnicom

Group,

Inc.

/

Omnicom

Capital,

Inc.,

3.65%,

11/01/2024

45,000

44,000

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Communications

–

6.0%

(continued)

Paramount

Global,

3.38%,

2/15/2028

25,000

22,241

Rogers

Communications,

Inc.,

3.20%,

3/15/2027

100,000

92,753

Sprint

LLC,

7.63%,

2/15/2025

150,000

153,421

TCI

Communications,

Inc.,

7.88%,

2/15/2026

20,000

21,252

T-Mobile

USA,

Inc.

1.50%,

2/15/2026

140,000

127,291

3.75%,

4/15/2027

125,000

118,585

5.38%,

4/15/2027

50,000

50,081

TWDC

Enterprises

18

Corp.,

2.95%,

6/15/2027

50,000

47,062

VeriSign,

Inc.,

5.25%,

4/01/2025

25,000

24,816

Verizon

Communications,

Inc.

3.38%,

2/15/2025

45,000

43,587

0.85%,

11/20/2025

50,000

45,167

1.45%,

3/20/2026

55,000

49,872

2.63%,

8/15/2026

50,000

46,524

4.13%,

3/16/2027

75,000

72,604

2.10%,

3/22/2028

50,000

43,744

Walt

Disney

Co.

(The)

3.70%,

9/15/2024

50,000

49,044

3.70%,

10/15/2025

75,000

72,784

1.75%,

1/13/2026

50,000

46,234

WPP

Finance

2010,

3.75%,

9/19/2024

50,000

48,705

2,853,253

Consumer,

Cyclical

–

7.4%

Advance

Auto

Parts,

Inc.,

5.95%,

3/09/2028

50,000

49,822

American

Honda

Finance

Corp.

2.15%,

9/10/2024

70,000

67,530

1.20%,

7/08/2025

25,000

23,164

1.30%,

9/09/2026

35,000

31,264

2.35%,

1/08/2027

50,000

45,940

AutoNation,

Inc.,

3.50%,

11/15/2024

25,000

24,265

AutoZone,

Inc.,

4.50%,

2/01/2028

50,000

48,691

BorgWarner,

Inc.,

2.65%,

7/01/2027

100,000

91,266

Continental

Airlines

Pass-Through

Trust,

Series

2012-2,

Class

A,

4.00%,

10/29/2024

13,177

12,812

Costco

Wholesale

Corp.,

1.38%,

6/20/2027

100,000

88,686

Cummins,

Inc.,

0.75%,

9/01/2025

25,000

22,912

D.R.

Horton,

Inc.,

2.50%,

10/15/2024

35,000

33,753

Dollar

General

Corp.

4.15%,

11/01/2025

25,000

24,308

4.63%,

11/01/2027

50,000

48,960

Dollar

Tree,

Inc.

4.00%,

5/15/2025

25,000

24,285

4.20%,

5/15/2028

50,000

47,906

General

Motors

Co.

4.00%,

4/01/2025

25,000

24,381

6.13%,

10/01/2025

25,000

25,275

General

Motors

Financial

Co.,

Inc.

4.00%,

1/15/2025

50,000

48,736

2.90%,

2/26/2025

50,000

47,834

2.75%,

6/20/2025

25,000

23,702

4.30%,

7/13/2025

100,000

97,485

1.25%,

1/08/2026

25,000

22,537

1.50%,

6/10/2026

25,000

22,285

4.00%,

10/06/2026

10,000

9,522

4.35%,

1/17/2027

100,000

96,310

2.35%,

2/26/2027

100,000

89,742

70

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Consumer,

Cyclical

–

7.4%

(continued)

2.40%,

4/10/2028

50,000

43,513

Hasbro,

Inc.,

3.00%,

11/19/2024

25,000

24,118

Home

Depot,

Inc.

(The)

3.00%,

4/01/2026

50,000

47,843

2.13%,

9/15/2026

35,000

32,377

2.88%,

4/15/2027

75,000

70,469

Honda

Motor

Co.,

Ltd.,

2.53%,

3/10/2027

85,000

78,286

Hyatt

Hotels

Corp.,

5.38%,

4/23/2025

50,000

49,540

Lennar

Corp.,

5.25%,

6/01/2026

25,000

24,816

Lowe's

Cos.,

Inc.

3.13%,

9/15/2024

15,000

14,586

4.00%,

4/15/2025

50,000

48,933

3.35%,

4/01/2027

100,000

94,581

Magna

International,

Inc.,

4.15%,

10/01/2025

25,000

24,270

Marriott

International,

Inc.

Series

EE,

5.75%,

5/01/2025

6,000

6,034

Series

R,

3.13%,

6/15/2026

100,000

94,200

McDonald's

Corp.

3.30%,

7/01/2025

100,000

96,658

1.45%,

9/01/2025

25,000

23,190

3.70%,

1/30/2026

10,000

9,676

NIKE,

Inc.,

2.75%,

3/27/2027

50,000

46,937

O'Reilly

Automotive,

Inc.,

3.55%,

3/15/2026

25,000

23,971

PACCAR

Financial

Corp.

1.10%,

5/11/2026

35,000

31,600

2.00%,

2/04/2027

(a)

50,000

45,213

PulteGroup,

Inc.,

5.50%,

3/01/2026

50,000

49,821

PVH

Corp.,

4.63%,

7/10/2025

25,000

24,252

Ross

Stores,

Inc.,

4.60%,

4/15/2025

25,000

24,547

Southwest

Airlines

Co.

5.25%,

5/04/2025

50,000

49,797

5.13%,

6/15/2027

75,000

74,801

Starbucks

Corp.,

2.45%,

6/15/2026

50,000

46,738

Target

Corp.,

2.25%,

4/15/2025

100,000

95,358

Toll

Brothers

Finance

Corp.,

4.88%,

3/15/2027

75,000

73,229

Toyota

Motor

Corp.,

1.34%,

3/25/2026

25,000

22,776

Toyota

Motor

Credit

Corp.

0.63%,

9/13/2024

25,000

23,715

2.00%,

10/07/2024

150,000

144,287

3.00%,

4/01/2025

50,000

48,211

3.40%,

4/14/2025

25,000

24,311

0.80%,

10/16/2025

40,000

36,408

1.13%,

6/18/2026

35,000

31,450

1.90%,

1/13/2027

75,000

67,875

3.05%,

3/22/2027

75,000

70,435

5.45%,

11/10/2027

50,000

51,144

United

Airlines

Pass-Through

Trust

Series

2012-1,

Class

A,

4.15%,

4/11/2024

12,695

12,489

Series

2014-1,

Class

A,

4.00%,

4/11/2026

11,236

10,654

VF

Corp.,

2.40%,

4/23/2025

25,000

23,559

Walgreens

Boots

Alliance,

Inc.,

3.80%,

11/18/2024

50,000

48,768

Walmart,

Inc.

3.55%,

6/26/2025

25,000

24,383

3.90%,

4/15/2028

100,000

97,700

Warnermedia

Holdings,

Inc.

3.64%,

3/15/2025

50,000

48,354

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Consumer,

Cyclical

–

7.4%

(continued)

3.76%,

3/15/2027

125,000

117,014

WW

Grainger,

Inc.,

1.85%,

2/15/2025

25,000

23,725

3,489,985

Consumer,

Non-cyclical

–

13.4%

Abbott

Laboratories

2.95%,

3/15/2025

50,000

48,415

3.75%,

11/30/2026

50,000

48,819

AbbVie,

Inc.

2.60%,

11/21/2024

100,000

96,285

3.80%,

3/15/2025

50,000

48,704

3.60%,

5/14/2025

70,000

67,847

3.20%,

5/14/2026

75,000

71,463

2.95%,

11/21/2026

85,000

79,709

Altria

Group,

Inc.

4.40%,

2/14/2026

50,000

49,073

2.63%,

9/16/2026

35,000

32,616

Amgen,

Inc.

5.51%,

3/02/2026

100,000

99,902

2.20%,

2/21/2027

50,000

45,394

5.15%,

3/02/2028

125,000

125,097

Anheuser-Busch

Cos.

LLC

/

Anheuser-Busch

InBev

Worldwide,

Inc.,

3.65%,

2/01/2026

60,000

58,060

Anheuser-Busch

InBev

Worldwide,

Inc.,

4.00%,

4/13/2028

100,000

96,491

AstraZeneca

Finance

LLC,

1.20%,

5/28/2026

100,000

90,377

AstraZeneca

PLC,

0.70%,

4/08/2026

25,000

22,372

BAT

Capital

Corp.

3.22%,

8/15/2024

90,000

87,578

2.79%,

9/06/2024

25,000

24,167

4.70%,

4/02/2027

120,000

116,832

BAT

International

Finance

PLC,

4.45%,

3/16/2028

50,000

47,776

Baxter

International,

Inc.,

1.92%,

2/01/2027

100,000

89,315

Becton,

Dickinson

&

Co.

3.73%,

12/15/2024

35,000

34,144

3.70%,

6/06/2027

50,000

47,684

Biogen,

Inc.,

4.05%,

9/15/2025

25,000

24,259

Bristol-Myers

Squibb

Co.

0.75%,

11/13/2025

15,000

13,695

3.20%,

6/15/2026

35,000

33,455

3.25%,

2/27/2027

35,000

33,642

3.90%,

2/20/2028

50,000

48,358

Bunge

Ltd.

Finance

Corp.,

1.63%,

8/17/2025

45,000

41,652

Campbell

Soup

Co.,

3.95%,

3/15/2025

10,000

9,758

Cardinal

Health,

Inc.,

3.75%,

9/15/2025

25,000

24,134

Centene

Corp.

4.25%,

12/15/2027

50,000

47,115

2.45%,

7/15/2028

50,000

43,068

Cigna

Group

(The)

3.25%,

4/15/2025

25,000

24,073

4.13%,

11/15/2025

25,000

24,405

1.25%,

3/15/2026

100,000

90,246

Coca-Cola

Co.

(The)

1.75%,

9/06/2024

25,000

24,099

1.45%,

6/01/2027

100,000

89,446

CommonSpirit

Health

2.76%,

10/01/2024

25,000

24,123

1.55%,

10/01/2025

50,000

45,730

71

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Consumer,

Non-cyclical

–

13.4%

(continued)

Constellation

Brands,

Inc.,

4.35%,

5/09/2027

100,000

97,722

CVS

Health

Corp.

3.38%,

8/12/2024

60,000

58,649

2.88%,

6/01/2026

35,000

32,945

3.63%,

4/01/2027

75,000

71,401

1.30%,

8/21/2027

200,000

172,656

Elevance

Health,

Inc.

3.50%,

8/15/2024

25,000

24,446

3.35%,

12/01/2024

25,000

24,256

2.38%,

1/15/2025

75,000

71,731

4.10%,

3/01/2028

50,000

48,096

Eli

Lilly

&

Co.,

3.10%,

5/15/2027

35,000

33,363

Equifax,

Inc.

2.60%,

12/01/2024

25,000

23,933

2.60%,

12/15/2025

50,000

46,759

Estee

Lauder

Cos.,

Inc.

(The),

2.00%,

12/01/2024

35,000

33,590

GE

HealthCare

Technologies,

Inc.,

5.65%,

11/15/2027

100,000

101,905

General

Mills,

Inc.,

4.00%,

4/17/2025

25,000

24,388

Gilead

Sciences,

Inc.

3.65%,

3/01/2026

60,000

57,842

1.20%,

10/01/2027

100,000

86,592

Global

Payments,

Inc.

4.80%,

4/01/2026

25,000

24,572

2.15%,

1/15/2027

100,000

89,367

GXO

Logistics,

Inc.,

1.65%,

7/15/2026

50,000

43,941

HCA,

Inc.

5.25%,

4/15/2025

25,000

24,794

5.25%,

6/15/2026

50,000

49,558

3.13%,

3/15/2027

(b)

85,000

78,353

Hershey

Co.

(The),

0.90%,

6/01/2025

50,000

46,380

Humana,

Inc.

3.85%,

10/01/2024

15,000

14,677

1.35%,

2/03/2027

50,000

43,790

JBS

USA

LUX

SA

/

JBS

USA

Food

Co.

/

JBS

USA

Finance,

Inc.,

5.13%,

2/01/2028

(b)

50,000

48,525

Johnson

&

Johnson

2.63%,

1/15/2025

50,000

48,423

2.45%,

3/01/2026

50,000

47,276

2.90%,

1/15/2028

50,000

47,134

Kenvue,

Inc.,

5.05%,

3/22/2028

(b)

50,000

50,448

Keurig

Dr

Pepper,

Inc.,

3.40%,

11/15/2025

25,000

24,017

Kimberly-Clark

Corp.,

3.05%,

8/15/2025

25,000

24,076

Kraft

Heinz

Foods

Co.,

3.88%,

5/15/2027

100,000

95,866

Kroger

Co.

(The),

3.50%,

2/01/2026

25,000

23,929

Laboratory

Corp.

of

America

Holdings,

3.60%,

2/01/2025

100,000

97,102

McCormick

&

Co.,

Inc.,

0.90%,

2/15/2026

10,000

8,953

McKesson

Corp.,

1.30%,

8/15/2026

50,000

44,767

Merck

&

Co.,

Inc.

2.75%,

2/10/2025

40,000

38,598

1.70%,

6/10/2027

50,000

44,853

Molson

Coors

Beverage

Co.,

3.00%,

7/15/2026

70,000

65,891

Mondelez

International,

Inc.,

1.50%,

5/04/2025

50,000

46,776

Moody's

Corp.,

3.75%,

3/24/2025

25,000

24,341

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Consumer,

Non-cyclical

–

13.4%

(continued)

Novartis

Capital

Corp.

3.00%,

11/20/2025

50,000

47,905

2.00%,

2/14/2027

75,000

68,838

PayPal

Holdings,

Inc.

1.65%,

6/01/2025

30,000

28,127

2.65%,

10/01/2026

35,000

32,582

3.90%,

6/01/2027

50,000

48,529

PeaceHealth

Obligated

Group,

Series

2020,

1.38%,

11/15/2025

25,000

22,655

PepsiCo,

Inc.

2.25%,

3/19/2025

50,000

47,833

2.38%,

10/06/2026

150,000

140,900

Pfizer

Investment

Enterprises

Pte

Ltd.,

4.45%,

5/19/2028

200,000

196,569

Pfizer,

Inc.

2.75%,

6/03/2026

10,000

9,471

3.00%,

12/15/2026

35,000

33,176

Philip

Morris

International,

Inc.

3.25%,

11/10/2024

50,000

48,615

2.75%,

2/25/2026

25,000

23,613

0.88%,

5/01/2026

60,000

53,687

5.13%,

11/17/2027

50,000

50,120

Procter

&

Gamble

Co.

(The)

0.55%,

10/29/2025

50,000

45,407

1.00%,

4/23/2026

25,000

22,704

1.90%,

2/01/2027

50,000

45,947

Quest

Diagnostics,

Inc.,

3.45%,

6/01/2026

35,000

33,505

Revvity,

Inc.,

0.85%,

9/15/2024

25,000

23,650

Royalty

Pharma

PLC,

1.75%,

9/02/2027

50,000

43,450

S&P

Global,

Inc.,

2.45%,

3/01/2027

50,000

46,164

Shire

Acquisitions

Investments

Ireland

DAC,

3.20%,

9/23/2026

60,000

56,349

Stryker

Corp.

3.38%,

11/01/2025

45,000

43,213

3.50%,

3/15/2026

25,000

23,999

Sysco

Corp.,

3.30%,

7/15/2026

30,000

28,569

Thermo

Fisher

Scientific,

Inc.,

4.80%,

11/21/2027

50,000

50,331

Tyson

Foods,

Inc.,

4.00%,

3/01/2026

50,000

48,438

Unilever

Capital

Corp.,

3.50%,

3/22/2028

100,000

95,957

UnitedHealth

Group,

Inc.

2.38%,

8/15/2024

50,000

48,469

3.75%,

7/15/2025

25,000

24,368

1.25%,

1/15/2026

50,000

45,743

1.15%,

5/15/2026

65,000

58,803

3.38%,

4/15/2027

50,000

47,593

5.25%,

2/15/2028

50,000

51,153

Utah

Acquisition

Sub,

Inc.,

3.95%,

6/15/2026

85,000

80,652

Verisk

Analytics,

Inc.,

4.00%,

6/15/2025

50,000

48,743

Viatris,

Inc.,

1.65%,

6/22/2025

30,000

27,800

Zimmer

Biomet

Holdings,

Inc.,

3.05%,

1/15/2026

35,000

33,196

6,302,882

Energy

–

5.6%

Baker

Hughes

Holdings

LLC

/

Baker

Hughes

Co.-Obligor,

Inc.,

2.06%,

12/15/2026

75,000

68,003

BP

Capital

Markets

America,

Inc.

3.41%,

2/11/2026

25,000

24,126

3.12%,

5/04/2026

50,000

47,672

72

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Energy

–

5.6%

(continued)

3.54%,

4/06/2027

50,000

47,838

Canadian

Natural

Resources

Ltd.

2.05%,

7/15/2025

30,000

28,100

3.85%,

6/01/2027

30,000

28,432

Cheniere

Corpus

Christi

Holdings

LLC,

5.88%,

3/31/2025

75,000

75,018

Chevron

Corp.

1.55%,

5/11/2025

50,000

47,007

2.95%,

5/16/2026

25,000

23,873

2.00%,

5/11/2027

85,000

77,258

Chevron

USA,

Inc.

3.90%,

11/15/2024

10,000

9,830

0.69%,

8/12/2025

25,000

22,924

Columbia

Pipeline

Group,

Inc.,

4.50%,

6/01/2025

15,000

14,718

Continental

Resources,

Inc.,

4.38%,

1/15/2028

100,000

94,690

Devon

Energy

Corp.,

5.25%,

9/15/2024

25,000

24,864

Enbridge,

Inc.,

2.50%,

1/15/2025

10,000

9,565

Energy

Transfer

LP

4.05%,

3/15/2025

35,000

34,133

4.20%,

4/15/2027

60,000

57,548

4.00%,

10/01/2027

75,000

70,786

Enterprise

Products

Operating

LLC

3.75%,

2/15/2025

25,000

24,390

3.70%,

2/15/2026

75,000

72,445

EOG

Resources,

Inc.,

4.15%,

1/15/2026

50,000

49,162

EQT

Corp.,

3.90%,

10/01/2027

50,000

46,888

Exxon

Mobil

Corp.

2.02%,

8/16/2024

115,000

111,033

2.99%,

3/19/2025

85,000

82,049

3.29%,

3/19/2027

50,000

47,919

Halliburton

Co.,

3.80%,

11/15/2025

39,000

37,696

Hess

Corp.,

4.30%,

4/01/2027

50,000

48,255

HF

Sinclair

Corp.,

5.88%,

4/01/2026

50,000

50,242

Kinder

Morgan

Energy

Partners

LP,

4.25%,

9/01/2024

100,000

98,387

Marathon

Petroleum

Corp.

3.63%,

9/15/2024

35,000

34,186

3.80%,

4/01/2028

50,000

46,985

MPLX

LP

4.88%,

12/01/2024

20,000

19,751

4.88%,

6/01/2025

25,000

24,668

1.75%,

3/01/2026

75,000

68,478

4.13%,

3/01/2027

50,000

48,096

Northwest

Pipeline

LLC,

4.00%,

4/01/2027

100,000

95,336

ONEOK,

Inc.

2.75%,

9/01/2024

25,000

24,216

2.20%,

9/15/2025

50,000

46,474

Phillips

66

3.85%,

4/09/2025

70,000

68,102

1.30%,

2/15/2026

10,000

9,082

Pioneer

Natural

Resources

Co.,

1.13%,

1/15/2026

25,000

22,657

Plains

All

American

Pipeline

LP

/

PAA

Finance

Corp.,

4.50%,

12/15/2026

50,000

48,405

Sabine

Pass

Liquefaction

LLC

5.88%,

6/30/2026

50,000

50,337

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Energy

–

5.6%

(continued)

5.00%,

3/15/2027

100,000

99,116

Shell

International

Finance

BV

2.00%,

11/07/2024

75,000

72,008

3.25%,

5/11/2025

85,000

82,349

Spectra

Energy

Partners

LP,

3.38%,

10/15/2026

75,000

70,781

Targa

Resources

Corp.,

5.20%,

7/01/2027

50,000

49,651

TransCanada

PipeLines

Ltd.

1.00%,

10/12/2024

25,000

23,648

4.25%,

5/15/2028

75,000

72,115

Transcontinental

Gas

Pipe

Line

Co.,

LLC,

7.85%,

2/01/2026

25,000

26,227

Western

Midstream

Operating

LP,

4.50%,

3/01/2028

50,000

47,580

Williams

Cos.,

Inc.

(The),

4.00%,

9/15/2025

25,000

24,203

2,649,302

Financial

–

45.1%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

2.88%,

8/14/2024

125,000

120,796

2.45%,

10/29/2026

150,000

134,893

Air

Lease

Corp.

2.30%,

2/01/2025

50,000

47,307

3.25%,

3/01/2025

25,000

23,955

2.88%,

1/15/2026

50,000

46,761

1.88%,

8/15/2026

35,000

31,361

5.30%,

2/01/2028

100,000

98,879

Alexandria

Real

Estate

Equities,

Inc.,

3.80%,

4/15/2026

45,000

43,210

Allstate

Corp.

(The),

0.75%,

12/15/2025

25,000

22,504

Ally

Financial,

Inc.

5.13%,

9/30/2024

25,000

24,571

4.75%,

6/09/2027

75,000

70,743

American

Express

Co.

3.63%,

12/05/2024

25,000

24,322

1.65%,

11/04/2026

25,000

22,400

2.55%,

3/04/2027

100,000

91,410

5.85%,

11/05/2027

125,000

128,518

American

International

Group,

Inc.

2.50%,

6/30/2025

51,000

48,444

3.90%,

4/01/2026

26,000

25,220

American

Tower

Corp.

4.00%,

6/01/2025

25,000

24,297

1.30%,

9/15/2025

25,000

22,828

4.40%,

2/15/2026

25,000

24,345

2.75%,

1/15/2027

100,000

91,626

Ameriprise

Financial,

Inc.

3.70%,

10/15/2024

50,000

48,869

3.00%,

4/02/2025

35,000

33,612

Aon

Corp.

/

Aon

Global

Holdings

PLC,

2.85%,

5/28/2027

50,000

46,111

Ares

Capital

Corp.

4.25%,

3/01/2025

35,000

33,583

3.25%,

7/15/2025

50,000

46,659

Assured

Guaranty

US

Holdings,

Inc.,

5.00%,

7/01/2024

(a)

25,000

24,760

AvalonBay

Communities,

Inc.,

2.95%,

5/11/2026

50,000

47,195

73

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Financial

–

45.1%

(continued)

Bain

Capital

Specialty

Finance,

Inc.

2.95%,

3/10/2026

25,000

22,263

2.55%,

10/13/2026

50,000

43,362

Banco

Santander

SA

2.75%,

5/28/2025

200,000

189,193

5.29%,

8/18/2027

100,000

98,292

Bank

of

America

Corp.

3.88%,

8/01/2025

55,000

53,625

1.53%,

12/06/2025

200,000

187,925

3.37%,

1/23/2026

25,000

24,128

2.02%,

2/13/2026

50,000

47,199

4.45%,

3/03/2026

100,000

97,355

3.38%,

4/02/2026

150,000

144,373

4.25%,

10/22/2026

100,000

96,638

1.20%,

10/24/2026

100,000

90,593

Series

N,

1.66%,

3/11/2027

75,000

67,640

3.56%,

4/23/2027

75,000

71,186

1.73%,

7/22/2027

125,000

112,021

3.82%,

1/20/2028

100,000

94,545

4.38%,

4/27/2028

160,000

154,115

4.95%,

7/22/2028

100,000

98,349

3.42%,

12/20/2028

150,000

138,051

5.20%,

4/25/2029

150,000

148,932

Bank

of

Montreal

1.25%,

9/15/2026

135,000

119,767

Series

H,

4.70%,

9/14/2027

75,000

73,642

Bank

of

Nova

Scotia

(The)

1.30%,

6/11/2025

30,000

27,795

1.05%,

3/02/2026

35,000

31,398

1.30%,

9/15/2026

100,000

88,675

5.25%,

6/12/2028

150,000

149,776

Barclays

PLC

5.20%,

5/12/2026

200,000

194,712

4.97%,

5/16/2029

200,000

191,779

Berkshire

Hathaway,

Inc.,

3.13%,

3/15/2026

100,000

96,093

BGC

Partners,

Inc.,

3.75%,

10/01/2024

10,000

9,588

Blackstone

Private

Credit

Fund

2.35%,

11/22/2024

25,000

23,571

3.25%,

3/15/2027

75,000

65,215

Blackstone

Secured

Lending

Fund,

2.75%,

9/16/2026

75,000

65,968

Blue

Owl

Capital

Corp.

3.75%,

7/22/2025

35,000

32,695

4.25%,

1/15/2026

25,000

23,453

3.40%,

7/15/2026

25,000

22,545

Boston

Properties

LP,

3.65%,

2/01/2026

50,000

46,957

Brandywine

Operating

Partnership

LP,

7.55%,

3/15/2028

25,000

23,007

Brixmor

Operating

Partnership

LP,

3.85%,

2/01/2025

25,000

24,067

Canadian

Imperial

Bank

of

Commerce

2.25%,

1/28/2025

175,000

166,699

1.25%,

6/22/2026

25,000

22,303

Capital

One

Financial

Corp.

3.30%,

10/30/2024

50,000

48,288

4.25%,

4/30/2025

(a)

25,000

24,264

4.20%,

10/29/2025

25,000

24,069

3.75%,

7/28/2026

25,000

23,560

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Financial

–

45.1%

(continued)

3.65%,

5/11/2027

160,000

149,490

1.88%,

11/02/2027

100,000

87,324

Charles

Schwab

Corp.

(The)

0.90%,

3/11/2026

125,000

111,106

1.15%,

5/13/2026

15,000

13,345

5.64%,

5/19/2029

150,000

151,319

Citigroup,

Inc.

4.40%,

6/10/2025

50,000

48,739

5.50%,

9/13/2025

115,000

114,365

3.70%,

1/12/2026

75,000

72,099

4.60%,

3/09/2026

35,000

34,156

3.11%,

4/08/2026

50,000

47,874

3.20%,

10/21/2026

100,000

93,814

1.12%,

1/28/2027

25,000

22,344

1.46%,

6/09/2027

75,000

66,814

3.89%,

1/10/2028

100,000

94,790

3.07%,

2/24/2028

155,000

143,046

3.67%,

7/24/2028

200,000

186,904

3.52%,

10/27/2028

100,000

92,765

Citizens

Financial

Group,

Inc.,

2.85%,

7/27/2026

35,000

31,975

CME

Group,

Inc.,

3.00%,

3/15/2025

75,000

72,489

Cooperatieve

Rabobank

UA,

3.75%,

7/21/2026

250,000

235,948

Corebridge

Financial,

Inc.,

3.50%,

4/04/2025

100,000

96,095

Credit

Suisse

AG,

1.25%,

8/07/2026

250,000

217,720

Crown

Castle,

Inc.

3.20%,

9/01/2024

90,000

87,540

1.05%,

7/15/2026

50,000

44,045

5.00%,

1/11/2028

75,000

73,991

Deutsche

Bank

AG

4.10%,

1/13/2026

25,000

24,081

2.31%,

11/16/2027

150,000

131,754

2.55%,

1/07/2028

150,000

132,049

Digital

Realty

Trust

LP,

5.55%,

1/15/2028

75,000

74,751

Discover

Financial

Services,

4.50%,

1/30/2026

85,000

81,941

EPR

Properties,

4.50%,

4/01/2025

25,000

23,774

Equinix,

Inc.

2.63%,

11/18/2024

10,000

9,614

1.25%,

7/15/2025

30,000

27,547

1.00%,

9/15/2025

(a)

35,000

31,840

1.45%,

5/15/2026

35,000

31,411

Equitable

Holdings,

Inc.,

4.35%,

4/20/2028

50,000

47,516

ERP

Operating

LP,

3.38%,

6/01/2025

40,000

38,607

Essex

Portfolio

LP,

3.63%,

5/01/2027

50,000

46,739

Fifth

Third

Bancorp

2.38%,

1/28/2025

100,000

94,876

2.55%,

5/05/2027

35,000

31,458

Franklin

Resources,

Inc.,

2.85%,

3/30/2025

35,000

33,507

FS

KKR

Capital

Corp.,

3.40%,

1/15/2026

100,000

92,035

GLP

Capital

LP

/

GLP

Financing

II,

Inc.,

5.25%,

6/01/2025

25,000

24,644

Goldman

Sachs

BDC,

Inc.,

3.75%,

2/10/2025

(a)

25,000

24,096

Goldman

Sachs

Group,

Inc.

(The)

3.50%,

1/23/2025

25,000

24,218

3.50%,

4/01/2025

50,000

48,213

3.75%,

5/22/2025

50,000

48,411

4.25%,

10/21/2025

35,000

33,915

74

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Financial

–

45.1%

(continued)

0.86%,

2/12/2026

60,000

55,667

3.50%,

11/16/2026

200,000

188,641

1.09%,

12/09/2026

35,000

31,453

1.43%,

3/09/2027

50,000

44,818

1.54%,

9/10/2027

25,000

22,074

1.95%,

10/21/2027

150,000

133,781

2.64%,

2/24/2028

200,000

181,151

3.69%,

6/05/2028

150,000

141,295

4.48%,

8/23/2028

50,000

48,417

Golub

Capital

BDC,

Inc.,

2.50%,

8/24/2026

25,000

22,009

Hanover

Insurance

Group,

Inc.

(The),

4.50%,

4/15/2026

50,000

48,424

Healthcare

Realty

Holdings

LP,

3.75%,

7/01/2027

25,000

23,216

Healthpeak

OP

LLC,

1.35%,

2/01/2027

50,000

43,695

Host

Hotels

&

Resorts

LP,

Series

E,

4.00%,

6/15/2025

20,000

19,325

HSBC

Holdings

PLC

3.90%,

5/25/2026

200,000

191,192

1.59%,

5/24/2027

200,000

177,971

4.76%,

6/09/2028

200,000

192,731

5.21%,

8/11/2028

200,000

195,935

Huntington

Bancshares,

Inc.,

2.63%,

8/06/2024

100,000

96,648

ING

Groep

NV,

4.02%,

3/28/2028

200,000

188,838

Intercontinental

Exchange,

Inc.

3.75%,

12/01/2025

10,000

9,711

4.00%,

9/15/2027

100,000

96,940

Invesco

Finance

PLC,

3.75%,

1/15/2026

25,000

24,128

JPMorgan

Chase

&

Co.

3.88%,

9/10/2024

110,000

107,813

3.13%,

1/23/2025

50,000

48,415

3.90%,

7/15/2025

40,000

39,038

2.30%,

10/15/2025

210,000

201,232

2.01%,

3/13/2026

75,000

70,767

2.08%,

4/22/2026

50,000

47,073

3.20%,

6/15/2026

50,000

47,518

2.95%,

10/01/2026

100,000

93,714

1.05%,

11/19/2026

50,000

45,146

4.13%,

12/15/2026

100,000

96,551

3.96%,

1/29/2027

50,000

48,271

1.04%,

2/04/2027

50,000

44,619

1.58%,

4/22/2027

50,000

45,018

1.47%,

9/22/2027

100,000

88,511

3.78%,

2/01/2028

100,000

94,855

4.32%,

4/26/2028

250,000

242,054

3.54%,

5/01/2028

150,000

140,384

KeyCorp

4.15%,

10/29/2025

75,000

72,159

2.25%,

4/06/2027

75,000

65,125

Kimco

Realty

OP

LLC,

2.80%,

10/01/2026

50,000

45,995

Kite

Realty

Group

LP,

4.00%,

10/01/2026

50,000

45,516

Legg

Mason,

Inc.,

4.75%,

3/15/2026

50,000

49,327

Lincoln

National

Corp.

3.35%,

3/09/2025

10,000

9,569

3.80%,

3/01/2028

(a)

50,000

45,793

Lloyds

Banking

Group

PLC,

4.45%,

5/08/2025

200,000

195,057

Loews

Corp.,

3.75%,

4/01/2026

50,000

48,372

M&T

Bank

Corp.,

4.55%,

8/16/2028

100,000

94,733

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Financial

–

45.1%

(continued)

Manulife

Financial

Corp.

4.15%,

3/04/2026

25,000

24,355

2.48%,

5/19/2027

50,000

45,957

Mastercard,

Inc.,

3.30%,

3/26/2027

80,000

76,505

Mid-America

Apartments

LP,

1.10%,

9/15/2026

70,000

61,683

Mitsubishi

UFJ

Financial

Group,

Inc.

3.78%,

3/02/2025

200,000

194,177

2.34%,

1/19/2028

200,000

179,568

5.35%,

9/13/2028

200,000

198,990

Mizuho

Financial

Group,

Inc.,

2.23%,

5/25/2026

200,000

186,524

Morgan

Stanley

3.70%,

10/23/2024

50,000

48,887

4.00%,

7/23/2025

50,000

48,717

Series

I,

0.86%,

10/21/2025

25,000

23,454

5.00%,

11/24/2025

105,000

103,784

3.88%,

1/27/2026

45,000

43,434

2.19%,

4/28/2026

75,000

70,591

3.13%,

7/27/2026

75,000

70,509

4.35%,

9/08/2026

75,000

72,503

0.99%,

12/10/2026

50,000

44,734

3.63%,

1/20/2027

50,000

47,409

3.95%,

4/23/2027

50,000

47,600

1.59%,

5/04/2027

50,000

44,868

1.51%,

7/20/2027

75,000

66,680

2.48%,

1/21/2028

100,000

90,475

3.59%,

7/22/2028

120,000

111,672

3.77%,

1/24/2029

200,000

187,133

5.16%,

4/20/2029

150,000

148,448

National

Australia

Bank

Ltd.,

4.97%,

1/12/2026

250,000

248,982

NatWest

Group

PLC,

3.75%,

11/01/2029

200,000

189,764

NNN

REIT,

Inc.,

4.00%,

11/15/2025

25,000

23,858

Nomura

Holdings,

Inc.,

2.33%,

1/22/2027

200,000

177,651

Northern

Trust

Corp.,

3.95%,

10/30/2025

25,000

24,201

Omega

Healthcare

Investors,

Inc.

4.50%,

1/15/2025

35,000

34,015

4.50%,

4/01/2027

50,000

47,342

ORIX

Corp.,

5.00%,

9/13/2027

100,000

99,144

PNC

Financial

Services

Group,

Inc.

(The)

2.20%,

11/01/2024

75,000

71,798

2.60%,

7/23/2026

100,000

92,890

1.15%,

8/13/2026

50,000

44,323

5.35%,

12/02/2028

100,000

99,436

Principal

Financial

Group,

Inc.,

3.10%,

11/15/2026

50,000

46,414

Progressive

Corp.

(The),

2.50%,

3/15/2027

100,000

92,036

Prologis

LP,

2.13%,

4/15/2027

30,000

27,132

Prospect

Capital

Corp.,

3.71%,

1/22/2026

50,000

45,469

Prudential

Financial,

Inc.,

1.50%,

3/10/2026

50,000

45,848

Public

Storage,

1.85%,

5/01/2028

50,000

43,552

Radian

Group,

Inc.,

4.88%,

3/15/2027

50,000

47,745

Realty

Income

Corp.

3.88%,

4/15/2025

25,000

24,344

4.63%,

11/01/2025

60,000

59,145

3.95%,

8/15/2027

30,000

28,586

Royal

Bank

of

Canada

2.25%,

11/01/2024

100,000

96,036

75

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Financial

–

45.1%

(continued)

1.15%,

6/10/2025

30,000

27,785

1.20%,

4/27/2026

20,000

17,927

1.15%,

7/14/2026

35,000

31,246

1.40%,

11/02/2026

100,000

88,716

3.63%,

5/04/2027

100,000

94,735

6.00%,

11/01/2027

100,000

102,977

Sabra

Health

Care

LP,

5.13%,

8/15/2026

50,000

48,129

Santander

Holdings

USA,

Inc.

4.50%,

7/17/2025

25,000

24,279

3.24%,

10/05/2026

85,000

77,901

Santander

UK

Group

Holdings

PLC,

6.53%,

1/10/2029

200,000

202,161

Simon

Property

Group

LP

3.38%,

10/01/2024

25,000

24,333

3.50%,

9/01/2025

25,000

24,094

3.30%,

1/15/2026

35,000

33,408

1.38%,

1/15/2027

50,000

44,114

SITE

Centers

Corp.,

3.63%,

2/01/2025

50,000

47,441

State

Street

Corp.

3.55%,

8/18/2025

30,000

29,191

2.35%,

11/01/2025

100,000

95,856

1.68%,

11/18/2027

25,000

22,408

Sumitomo

Mitsui

Financial

Group,

Inc.

2.35%,

1/15/2025

200,000

190,447

3.78%,

3/09/2026

50,000

47,898

1.40%,

9/17/2026

200,000

176,727

3.54%,

1/17/2028

100,000

92,572

Synchrony

Financial

4.50%,

7/23/2025

40,000

38,281

3.70%,

8/04/2026

35,000

32,046

Tanger

Properties

LP,

3.88%,

7/15/2027

50,000

45,074

Toronto-Dominion

Bank

(The)

0.70%,

9/10/2024

50,000

47,325

1.15%,

6/12/2025

30,000

27,765

0.75%,

9/11/2025

25,000

22,711

1.25%,

9/10/2026

35,000

31,047

1.95%,

1/12/2027

100,000

90,277

4.11%,

6/08/2027

100,000

96,055

Trinity

Acquisition

PLC,

4.40%,

3/15/2026

50,000

48,267

Truist

Financial

Corp.

2.85%,

10/26/2024

200,000

192,822

3.70%,

6/05/2025

5,000

4,821

1.27%,

3/02/2027

25,000

22,301

4.12%,

6/06/2028

(a)

160,000

151,755

US

Bancorp

3.60%,

9/11/2024

25,000

24,441

3.95%,

11/17/2025

35,000

33,918

Series

V,

2.38%,

7/22/2026

10,000

9,263

2.22%,

1/27/2028

130,000

116,342

5.78%,

6/12/2029

100,000

100,468

Ventas

Realty

LP,

2.65%,

1/15/2025

25,000

23,690

VICI

Properties

LP,

4.38%,

5/15/2025

25,000

24,386

Visa,

Inc.

3.15%,

12/14/2025

25,000

23,980

1.90%,

4/15/2027

100,000

90,939

Voya

Financial,

Inc.,

3.65%,

6/15/2026

50,000

47,165

Wells

Fargo

&

Co.

3.30%,

9/09/2024

50,000

48,849

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Financial

–

45.1%

(continued)

3.00%,

2/19/2025

25,000

24,070

2.41%,

10/30/2025

50,000

47,889

2.16%,

2/11/2026

135,000

127,609

3.00%,

4/22/2026

35,000

32,960

3.91%,

4/25/2026

125,000

120,978

2.19%,

4/30/2026

75,000

70,577

3.00%,

10/23/2026

100,000

93,285

3.20%,

6/17/2027

100,000

93,622

3.53%,

3/24/2028

150,000

140,145

3.58%,

5/22/2028

100,000

93,372

4.81%,

7/25/2028

150,000

146,272

Welltower

OP

LLC

4.00%,

6/01/2025

20,000

19,378

4.25%,

4/01/2026

65,000

63,018

Western

Union

Co.

(The),

2.85%,

1/10/2025

50,000

47,738

Westpac

Banking

Corp.

1.02%,

11/18/2024

100,000

94,531

1.15%,

6/03/2026

50,000

44,766

2.70%,

8/19/2026

40,000

37,253

3.35%,

3/08/2027

75,000

70,865

5.46%,

11/18/2027

75,000

76,378

21,278,036

Industrial

–

7.1%

3M

Co.

2.00%,

2/14/2025

75,000

71,200

2.25%,

9/19/2026

(a)

25,000

22,954

Amcor

Finance

USA,

Inc.,

3.63%,

4/28/2026

50,000

47,357

Arrow

Electronics,

Inc.,

6.13%,

3/01/2026

100,000

99,994

Avnet,

Inc.,

4.63%,

4/15/2026

50,000

48,386

Berry

Global,

Inc.,

5.50%,

4/15/2028

(b)

50,000

49,421

Boeing

Co.

(The)

4.88%,

5/01/2025

70,000

69,153

2.75%,

2/01/2026

125,000

117,183

2.20%,

2/04/2026

150,000

138,429

Burlington

Northern

Santa

Fe

LLC

3.65%,

9/01/2025

15,000

14,592

3.25%,

6/15/2027

50,000

47,583

Canadian

Pacific

Railway

Co.,

1.75%,

12/02/2026

35,000

31,484

Carrier

Global

Corp.

2.24%,

2/15/2025

7,000

6,651

2.49%,

2/15/2027

100,000

91,258

Caterpillar

Financial

Services

Corp.

3.25%,

12/01/2024

123,000

119,879

0.80%,

11/13/2025

25,000

22,753

1.15%,

9/14/2026

50,000

44,642

3.60%,

8/12/2027

50,000

48,146

CNH

Industrial

Capital

LLC

3.95%,

5/23/2025

50,000

48,566

1.88%,

1/15/2026

25,000

22,926

CSX

Corp.

3.35%,

11/01/2025

25,000

24,106

3.25%,

6/01/2027

30,000

28,339

Eaton

Corp.,

4.35%,

5/18/2028

50,000

48,996

Emerson

Electric

Co.,

1.80%,

10/15/2027

50,000

44,506

FedEx

Corp.,

3.25%,

4/01/2026

25,000

23,999

Flex

Ltd.,

4.75%,

6/15/2025

20,000

19,586

GATX

Corp.,

3.25%,

9/15/2026

50,000

46,302

76

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Industrial

–

7.1%

(continued)

General

Dynamics

Corp.

2.38%,

11/15/2024

25,000

24,062

3.25%,

4/01/2025

25,000

24,229

3.50%,

5/15/2025

15,000

14,594

1.15%,

6/01/2026

50,000

45,274

Honeywell

International,

Inc.

1.35%,

6/01/2025

25,000

23,472

2.50%,

11/01/2026

50,000

46,739

1.10%,

3/01/2027

50,000

44,257

Jabil,

Inc.,

1.70%,

4/15/2026

25,000

22,516

JB

Hunt

Transport

Services,

Inc.,

3.88%,

3/01/2026

30,000

29,109

John

Deere

Capital

Corp.

0.70%,

1/15/2026

100,000

90,396

2.65%,

6/10/2026

25,000

23,571

1.05%,

6/17/2026

25,000

22,506

2.25%,

9/14/2026

25,000

23,132

1.30%,

10/13/2026

25,000

22,375

2.35%,

3/08/2027

(a)

50,000

45,923

1.75%,

3/09/2027

50,000

45,000

4.95%,

7/14/2028

150,000

151,095

Legrand

France

SA,

8.50%,

2/15/2025

35,000

36,615

Lennox

International,

Inc.,

1.70%,

8/01/2027

50,000

43,701

Lockheed

Martin

Corp.

3.55%,

1/15/2026

26,000

25,183

4.45%,

5/15/2028

50,000

49,516

Masco

Corp.,

1.50%,

2/15/2028

50,000

42,806

Northrop

Grumman

Corp.

2.93%,

1/15/2025

75,000

72,338

3.25%,

1/15/2028

50,000

46,715

Otis

Worldwide

Corp.,

2.06%,

4/05/2025

25,000

23,653

Owens

Corning,

3.40%,

8/15/2026

25,000

23,616

Packaging

Corp.

of

America,

3.65%,

9/15/2024

40,000

39,150

Regal

Rexnord

Corp.,

6.05%,

4/15/2028

(b)

75,000

74,499

Republic

Services,

Inc.

2.50%,

8/15/2024

30,000

29,047

0.88%,

11/15/2025

25,000

22,631

RTX

Corp.

3.95%,

8/16/2025

50,000

48,795

7.20%,

8/15/2027

50,000

53,986

Ryder

System,

Inc.

2.50%,

9/01/2024

25,000

24,119

3.35%,

9/01/2025

25,000

23,904

4.30%,

6/15/2027

75,000

72,664

Stanley

Black

&

Decker,

Inc.,

4.00%,

3/15/2060

25,000

19,059

Teledyne

Technologies,

Inc.,

1.60%,

4/01/2026

25,000

22,814

Trane

Technologies

Luxembourg

Finance

SA,

3.50%,

3/21/2026

50,000

47,856

Tyco

Electronics

Group

SA,

3.70%,

2/15/2026

50,000

48,322

Union

Pacific

Corp.,

2.75%,

3/01/2026

50,000

47,282

United

Parcel

Service,

Inc.

2.20%,

9/01/2024

15,000

14,496

2.80%,

11/15/2024

25,000

24,197

2.40%,

11/15/2026

50,000

46,652

Vontier

Corp.,

1.80%,

4/01/2026

50,000

44,761

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Industrial

–

7.1%

(continued)

Vulcan

Materials

Co.

4.50%,

4/01/2025

25,000

24,575

3.90%,

4/01/2027

25,000

24,072

Waste

Management,

Inc.

0.75%,

11/15/2025

25,000

22,669

1.15%,

3/15/2028

50,000

42,625

Westinghouse

Air

Brake

Technologies

Corp.,

3.20%,

6/15/2025

25,000

23,791

WRKCo,

Inc.

3.00%,

9/15/2024

40,000

38,693

3.75%,

3/15/2025

25,000

24,257

3,365,700

Technology

–

6.9%

Activision

Blizzard,

Inc.,

3.40%,

6/15/2027

50,000

47,335

Adobe,

Inc.,

2.15%,

2/01/2027

75,000

68,982

Analog

Devices,

Inc.,

2.95%,

4/01/2025

50,000

48,229

Apple,

Inc.

1.80%,

9/11/2024

25,000

24,139

2.75%,

1/13/2025

50,000

48,418

1.13%,

5/11/2025

25,000

23,396

3.20%,

5/13/2025

35,000

33,936

0.70%,

2/08/2026

25,000

22,584

3.25%,

2/23/2026

25,000

24,093

2.45%,

8/04/2026

35,000

32,807

2.05%,

9/11/2026

50,000

46,215

3.35%,

2/09/2027

150,000

143,960

1.20%,

2/08/2028

100,000

86,792

4.00%,

5/10/2028

50,000

49,127

Applied

Materials,

Inc.,

3.30%,

4/01/2027

50,000

47,733

Autodesk,

Inc.,

4.38%,

6/15/2025

25,000

24,511

Broadcom,

Inc.

3.63%,

10/15/2024

45,000

43,856

3.15%,

11/15/2025

25,000

23,849

3.46%,

9/15/2026

75,000

71,090

1.95%,

2/15/2028

(b)

50,000

43,257

CDW

LLC

/

CDW

Finance

Corp.,

4.13%,

5/01/2025

50,000

48,535

Dell

International

LLC

/

EMC

Corp.

5.85%,

7/15/2025

25,000

25,121

6.02%,

6/15/2026

100,000

101,372

4.90%,

10/01/2026

50,000

49,450

5.25%,

2/01/2028

50,000

50,118

Fidelity

National

Information

Services,

Inc.

1.15%,

3/01/2026

35,000

31,453

1.65%,

3/01/2028

50,000

42,824

Fiserv,

Inc.

3.20%,

7/01/2026

25,000

23,633

2.25%,

6/01/2027

40,000

35,988

Genpact

Luxembourg

Sarl,

3.38%,

12/01/2024

10,000

9,651

Hewlett

Packard

Enterprise

Co.,

1.75%,

4/01/2026

50,000

45,591

HP,

Inc.

2.20%,

6/17/2025

20,000

18,839

4.75%,

1/15/2028

50,000

49,174

Intel

Corp.

3.40%,

3/25/2025

25,000

24,306

3.70%,

7/29/2025

30,000

29,191

77

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Technology

–

6.9%

(continued)

3.75%,

8/05/2027

90,000

86,261

4.88%,

2/10/2028

75,000

74,763

International

Business

Machines

Corp.

7.00%,

10/30/2025

25,000

26,006

2.20%,

2/09/2027

150,000

136,523

KLA

Corp.,

4.65%,

11/01/2024

60,000

59,398

Kyndryl

Holdings,

Inc.,

2.05%,

10/15/2026

25,000

21,782

Lam

Research

Corp.

3.80%,

3/15/2025

25,000

24,476

3.75%,

3/15/2026

25,000

24,290

Leidos,

Inc.,

3.63%,

5/15/2025

10,000

9,600

Marvell

Technology,

Inc.,

1.65%,

4/15/2026

25,000

22,605

Microchip

Technology,

Inc.,

0.98%,

9/01/2024

100,000

94,890

Microsoft

Corp.

2.70%,

2/12/2025

25,000

24,143

2.40%,

8/08/2026

110,000

103,047

3.30%,

2/06/2027

150,000

143,910

NetApp,

Inc.,

1.88%,

6/22/2025

25,000

23,368

NVIDIA

Corp.,

3.20%,

9/16/2026

50,000

47,969

Oracle

Corp.

2.50%,

4/01/2025

50,000

47,687

2.95%,

5/15/2025

40,000

38,342

1.65%,

3/25/2026

150,000

136,821

2.65%,

7/15/2026

75,000

69,960

2.80%,

4/01/2027

25,000

23,065

3.25%,

11/15/2027

100,000

93,262

QUALCOMM,

Inc.,

3.25%,

5/20/2027

80,000

75,927

Roper

Technologies,

Inc.

2.35%,

9/15/2024

20,000

19,234

1.00%,

9/15/2025

25,000

22,820

Take-Two

Interactive

Software,

Inc.,

3.70%,

4/14/2027

30,000

28,455

Texas

Instruments,

Inc.,

1.38%,

3/12/2025

50,000

47,088

VMware,

Inc.

1.00%,

8/15/2024

50,000

47,571

1.40%,

8/15/2026

50,000

44,295

3.90%,

8/21/2027

30,000

28,489

Western

Digital

Corp.,

4.75%,

2/15/2026

50,000

47,769

3,233,371

Utilities

–

5.8%

AEP

Transmission

Co.

LLC,

3.10%,

12/01/2026

50,000

47,045

AES

Corp.

(The),

1.38%,

1/15/2026

25,000

22,591

Ameren

Corp.,

2.50%,

9/15/2024

40,000

38,586

Avangrid,

Inc.

3.15%,

12/01/2024

15,000

14,451

3.20%,

4/15/2025

20,000

19,100

Berkshire

Hathaway

Energy

Co.,

4.05%,

4/15/2025

25,000

24,481

Black

Hills

Corp.,

3.95%,

1/15/2026

10,000

9,606

CenterPoint

Energy,

Inc.

2.50%,

9/01/2024

50,000

48,164

1.45%,

6/01/2026

10,000

8,982

Cleveland

Electric

Illuminating

Co.

(The),

5.50%,

8/15/2024

10,000

9,953

CMS

Energy

Corp.,

3.00%,

5/15/2026

10,000

9,371

Connecticut

Light

&

Power

Co.

(The),

Series

A,

0.75%,

12/01/2025

30,000

27,068

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.9%

(continued)

Utilities

–

5.8%

(continued)

Constellation

Energy

Generation

LLC,

5.60%,

3/01/2028

50,000

50,573

Dominion

Energy,

Inc.

3.07%,

8/15/2024

(c)

60,000

58,258

Series

D,

2.85%,

8/15/2026

50,000

46,464

DTE

Energy

Co.

Series

C,

2.53%,

10/01/2024

(c)

25,000

24,065

Series

F,

1.05%,

6/01/2025

50,000

46,068

2.85%,

10/01/2026

25,000

23,148

Duke

Energy

Corp.,

2.65%,

9/01/2026

50,000

46,357

Duke

Energy

Florida

LLC,

3.20%,

1/15/2027

75,000

71,100

Eastern

Energy

Gas

Holdings

LLC,

Series

A,

2.50%,

11/15/2024

25,000

23,970

Edison

International,

3.55%,

11/15/2024

45,000

43,725

Emera

US

Finance

LP,

3.55%,

6/15/2026

25,000

23,791

Entergy

Corp.

2.95%,

9/01/2026

60,000

55,578

1.90%,

6/15/2028

50,000

42,918

Entergy

Louisiana

LLC,

5.59%,

10/01/2024

35,000

35,001

Evergy

Kansas

Central,

Inc.,

2.55%,

7/01/2026

25,000

23,258

Evergy,

Inc.,

2.45%,

9/15/2024

25,000

24,057

Eversource

Energy

Series

L,

2.90%,

10/01/2024

10,000

9,668

Series

Q,

0.80%,

8/15/2025

25,000

22,828

Series

U,

1.40%,

8/15/2026

50,000

44,421

5.45%,

3/01/2028

50,000

50,739

Exelon

Corp.

3.40%,

4/15/2026

20,000

19,079

2.75%,

3/15/2027

100,000

92,032

Florida

Power

&

Light

Co.,

2.85%,

4/01/2025

65,000

62,697

Fortis,

Inc.,

3.06%,

10/04/2026

50,000

46,363

Iberdrola

International

BV,

5.81%,

3/15/2025

35,000

35,143

Interstate

Power

&

Light

Co.,

3.25%,

12/01/2024

15,000

14,540

IPALCO

Enterprises,

Inc.,

3.70%,

9/01/2024

25,000

24,363

MidAmerican

Energy

Co.,

3.10%,

5/01/2027

50,000

46,728

National

Rural

Utilities

Cooperative

Finance

Corp.

3.25%,

11/01/2025

35,000

33,472

4.80%,

3/15/2028

75,000

74,382

NextEra

Energy

Capital

Holdings,

Inc.

1.88%,

1/15/2027

75,000

67,296

4.63%,

7/15/2027

50,000

49,117

4.90%,

2/28/2028

150,000

148,661

NiSource,

Inc.,

5.25%,

3/30/2028

50,000

50,097

Pacific

Gas

&

Electric

Co.

3.45%,

7/01/2025

50,000

47,507

3.15%,

1/01/2026

50,000

46,636

3.30%,

3/15/2027

50,000

45,627

3.00%,

6/15/2028

50,000

43,457

Public

Service

Electric

&

Gas

Co.,

0.95%,

3/15/2026

50,000

45,344

Southern

California

Edison

Co.

Series

D,

4.70%,

6/01/2027

75,000

73,983

5.30%,

3/01/2028

50,000

50,376

Southern

California

Gas

Co.

Series

TT,

2.60%,

6/15/2026

10,000

9,393

2.95%,

4/15/2027

80,000

74,912

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

–

98.9%

(continued)

Utilities

–

5.8%

(continued)

Southern

Co.

(The)

3.25%,

7/01/2026

65,000

61,482

5.11%,

8/01/2027

80,000

79,290

Series

B,

4.00%,

1/15/2051

25,000

23,391

Southern

Power

Co.,

0.90%,

1/15/2026

35,000

31,499

Southwestern

Electric

Power

Co.,

Series

N,

1.65%,

3/15/2026

85,000

77,303

Union

Electric

Co.,

2.95%,

6/15/2027

50,000

46,596

Virginia

Electric

&

Power

Co.

Series

A,

3.10%,

5/15/2025

10,000

9,593

Series

A,

3.15%,

1/15/2026

25,000

23,836

Series

B,

3.75%,

5/15/2027

30,000

28,835

WEC

Energy

Group,

Inc.,

5.15%,

10/01/2027

50,000

49,996

Wisconsin

Electric

Power

Co.,

2.05%,

12/15/2024

20,000

19,101

Xcel

Energy,

Inc.,

3.30%,

6/01/2025

30,000

28,851

2,726,363

Total

Corporate

Bonds

(cost

$49,161,358)

46,666,508

Shares

Investment

Companies

–

3.3%

Registered

Investment

Companies

–

3.3%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$1,550,291)

1,550,291

1,550,291

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.9%

Registered

Investment

Companies

–

0.9%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$429,900)

429,900

429,900

Total

Investments

(cost

$51,141,549)

103.1%

48,646,699

Liabilities,

Less

Cash

and

Receivables

(3.1)%

(1,458,928)

Net

Assets

100.0%

47,187,771

REIT—Real

Estate

Investment

Trust

(a)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$416,404

and

the

value

of

the

collateral

was

$429,900,

consisting

of

cash

collateral.

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

July

31,

2023,

these

securities

were

valued

at

$344,503

or

0.73%

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

July

31,

2023.

79

STATEMENT

OF

INVESTMENTS

July

31,

2023

(Unaudited)

BNY

Mellon

High

Yield

Beta

ETF

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

Basic

Materials

–

4.7%

Ahlstrom

Holding

3

Oy,

4.88%,

2/04/2028

(a)

21,000

17,516

Allegheny

Ludlum

LLC,

6.95%,

12/15/2025

15,000

15,189

AngloGold

Ashanti

Holdings

PLC,

6.50%,

4/15/2040

15,000

14,837

Arconic

Corp.,

6.00%,

5/15/2025

(a)

50,000

50,701

Arsenal

AIC

Parent

LLC,

8.00%,

10/01/2030

(a)

16,000

16,381

Ashland,

Inc.

3.38%,

9/01/2031

(a)

20,000

16,203

6.88%,

5/15/2043

30,000

30,015

ASP

Unifrax

Holdings,

Inc.

5.25%,

9/30/2028

(a)

70,000

52,039

7.50%,

9/30/2029

(a)

40,000

23,261

ATI,

Inc.

5.88%,

12/01/2027

33,000

32,207

4.88%,

10/01/2029

12,000

10,958

5.13%,

10/01/2031

20,000

17,975

Avient

Corp.

5.75%,

5/15/2025

(a)

59,000

58,295

7.13%,

8/01/2030

(a)

68,000

68,557

Axalta

Coating

Systems

LLC,

3.38%,

2/15/2029

(a)

75,000

64,674

Axalta

Coating

Systems

LLC

/

Axalta

Coating

Systems

Dutch

Holding

B

BV,

4.75%,

6/15/2027

(a)

45,000

42,911

Baffinland

Iron

Mines

Corp.

/

Baffinland

Iron

Mines

LP,

8.75%,

7/15/2026

(a)

58,000

56,595

Big

River

Steel

LLC

/

BRS

Finance

Corp.,

6.63%,

1/31/2029

(a)

63,000

62,726

Carpenter

Technology

Corp.

6.38%,

7/15/2028

40,000

39,467

7.63%,

3/15/2030

25,000

25,505

Century

Aluminum

Co.,

7.50%,

4/01/2028

(a)

24,000

22,829

Cerdia

Finanz

GMBH,

10.50%,

2/15/2027

(a)

100,000

99,616

Chemours

Co.

(The)

5.38%,

5/15/2027

75,000

71,309

5.75%,

11/15/2028

(a)

129,000

119,067

4.63%,

11/15/2029

(a)

73,000

61,851

Cleveland-Cliffs,

Inc.

6.75%,

3/15/2026

(a)

82,000

82,524

5.88%,

6/01/2027

(b)

52,000

50,991

4.63%,

3/01/2029

(a)

21,000

19,261

6.75%,

4/15/2030

(a)

46,000

44,789

4.88%,

3/01/2031

(a)

17,000

15,065

6.25%,

10/01/2040

45,000

38,356

Coeur

Mining,

Inc.,

5.13%,

2/15/2029

(a)(b)

40,000

33,543

Commercial

Metals

Co.

4.13%,

1/15/2030

20,000

17,956

3.88%,

2/15/2031

89,000

77,108

4.38%,

3/15/2032

30,000

26,151

Compass

Minerals

International,

Inc.,

6.75%,

12/01/2027

(a)

51,000

49,858

Consolidated

Energy

Finance

SA

6.50%,

5/15/2026

(a)

40,000

37,979

5.63%,

10/15/2028

(a)

60,000

51,757

Constellium

SE

5.88%,

2/15/2026

(a)

16,000

15,809

3.75%,

4/15/2029

(a)

26,000

22,624

CVR

Partners

LP

/

CVR

Nitrogen

Finance

Corp.,

6.13%,

6/15/2028

(a)

60,000

54,306

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Basic

Materials

–

4.7%

(continued)

Domtar

Corp.,

6.75%,

10/01/2028

(a)

99,000

87,041

Element

Solutions,

Inc.,

3.88%,

9/01/2028

(a)

60,000

53,038

FMG

Resources

(August

2006)

Pty

Ltd.

4.50%,

9/15/2027

(a)

65,000

60,768

5.88%,

4/15/2030

(a)

68,000

65,236

4.38%,

4/01/2031

(a)

157,000

135,020

6.13%,

4/15/2032

(a)

75,000

72,034

Glatfelter

Corp.,

4.75%,

11/15/2029

(a)

39,000

26,965

GPD

Cos.,

Inc.,

10.13%,

4/01/2026

(a)

105,000

97,862

HB

Fuller

Co.

4.00%,

2/15/2027

15,000

14,151

4.25%,

10/15/2028

15,000

13,449

Hecla

Mining

Co.,

7.25%,

2/15/2028

30,000

29,715

Herens

Holdco

Sarl,

4.75%,

5/15/2028

(a)

25,000

19,329

Hudbay

Minerals,

Inc.

4.50%,

4/01/2026

5,000

4,751

6.13%,

4/01/2029

50,000

47,838

Illuminate

Buyer

LLC

/

Illuminate

Holdings

IV,

Inc.,

9.00%,

7/01/2028

(a)

95,000

86,825

INEOS

Finance

PLC,

6.75%,

5/15/2028

(a)

50,000

47,667

INEOS

Quattro

Finance

2

PLC,

3.38%,

1/15/2026

(a)

53,000

48,477

Infrabuild

Australia

Pty

Ltd.,

12.00%,

10/01/2024

(a)

20,000

19,499

Ingevity

Corp.,

3.88%,

11/01/2028

(a)

61,000

52,826

Innophos

Holdings,

Inc.,

9.38%,

2/15/2028

(a)

27,000

26,877

Iris

Holdings,

Inc.

8.75%,

2/15/2026

(a)(c)

15,000

14,089

10.00%,

12/15/2028

(a)

25,000

19,692

JW

Aluminum

Continuous

Cast

Co.,

10.25%,

6/01/2026

(a)

35,000

34,657

Kaiser

Aluminum

Corp.

4.63%,

3/01/2028

(a)

56,000

50,225

4.50%,

6/01/2031

(a)

82,000

67,204

Kobe

US

Midco

2,

Inc.,

9.25%,

11/01/2026

(a)(c)

20,000

14,012

LSF11

A5

HoldCo

LLC,

6.63%,

10/15/2029

(a)

20,000

16,727

Mativ

Holdings,

Inc.,

6.88%,

10/01/2026

(a)

42,000

36,630

Mercer

International,

Inc.

5.50%,

1/15/2026

5,000

4,856

5.13%,

2/01/2029

(b)

104,000

85,313

Methanex

Corp.

4.25%,

12/01/2024

71,000

69,175

5.13%,

10/15/2027

84,000

79,296

5.25%,

12/15/2029

90,000

82,367

5.65%,

12/01/2044

43,000

35,881

Mineral

Resources

Ltd.

8.13%,

5/01/2027

(a)

60,000

60,094

8.00%,

11/01/2027

(a)

67,000

67,202

8.50%,

5/01/2030

(a)

69,000

70,021

Minerals

Technologies,

Inc.,

5.00%,

7/01/2028

(a)

35,000

32,373

New

Gold,

Inc.,

7.50%,

7/15/2027

(a)

18,000

17,198

Novelis

Corp.

3.25%,

11/15/2026

(a)

72,000

65,446

4.75%,

1/30/2030

(a)

124,000

111,341

3.88%,

8/15/2031

(a)

56,000

46,868

Nufarm

Australia

Ltd.

/

Nufarm

Americas,

Inc.,

5.00%,

1/27/2030

(a)

40,000

35,636

80

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Basic

Materials

–

4.7%

(continued)

Olin

Corp.

5.13%,

9/15/2027

111,000

106,092

5.63%,

8/01/2029

74,000

71,650

5.00%,

2/01/2030

(b)

60,000

55,308

Olympus

Water

US

Holding

Corp.

7.13%,

10/01/2027

(a)

20,000

18,299

4.25%,

10/01/2028

(a)

55,000

44,217

9.75%,

11/15/2028

(a)

128,000

123,811

6.25%,

10/01/2029

(a)

34,000

25,105

Perenti

Finance

Pty,

Ltd.,

6.50%,

10/07/2025

(a)

45,000

44,249

Polar

US

Borrower

LLC

/

Schenectady

International

Group,

Inc.,

6.75%,

5/15/2026

(a)

25,000

14,668

Rain

CII

Carbon

LLC

/

CII

Carbon

Corp.,

7.25%,

4/01/2025

(a)

47,000

46,751

Rayonier

AM

Products,

Inc.

5.50%,

6/01/2024

(a)(b)

10,000

9,994

7.63%,

1/15/2026

(a)

36,000

32,130

SCIH

Salt

Holdings,

Inc.

4.88%,

5/01/2028

(a)

75,000

67,402

6.63%,

5/01/2029

(a)

119,000

104,249

SCIL

IV

LLC

/

SCIL

USA

Holdings

LLC,

5.38%,

11/01/2026

(a)

60,000

55,255

SK

Invictus

Intermediate

II

Sarl,

5.00%,

10/30/2029

(a)

35,000

27,839

SPCM

SA

3.13%,

3/15/2027

(a)

26,000

23,329

3.38%,

3/15/2030

(a)

40,000

33,275

Tacora

Resources,

Inc.,

8.25%,

5/15/2026

(a)(d)

64,000

48,244

Taseko

Mines

Ltd.,

7.00%,

2/15/2026

(a)

25,000

23,180

TMS

International

Corp.,

6.25%,

4/15/2029

(a)

20,000

16,726

TPC

Group,

Inc.,

13.00%,

12/16/2027

(a)

30,000

30,081

Trinseo

Materials

Operating

SCA

/

Trinseo

Materials

Finance,

Inc.

5.38%,

9/01/2025

(a)

45,000

41,194

5.13%,

4/01/2029

(a)

40,000

23,464

Tronox,

Inc.,

4.63%,

3/15/2029

(a)

115,000

95,286

United

States

Steel

Corp.

6.88%,

3/01/2029

(b)

28,000

27,722

6.65%,

6/01/2037

40,000

39,185

Valvoline,

Inc.,

3.63%,

6/15/2031

(a)

73,000

60,157

Vibrantz

Technologies,

Inc.,

9.00%,

2/15/2030

(a)

55,000

44,884

WR

Grace

Holdings

LLC

4.88%,

6/15/2027

(a)

55,000

51,971

5.63%,

8/15/2029

(a)

79,000

66,709

5,326,858

Communications

–

14.3%

Acuris

Finance

US,

Inc.

/

Acuris

Finance

Sarl,

5.00%,

5/01/2028

(a)

20,000

15,851

Advantage

Sales

&

Marketing,

Inc.,

6.50%,

11/15/2028

(a)

40,000

35,108

Altice

Financing

SA

5.00%,

1/15/2028

(a)

81,000

62,634

5.75%,

8/15/2029

(a)(b)

150,000

112,249

Altice

France

Holding

SA

10.50%,

5/15/2027

(a)

160,000

67,712

6.00%,

2/15/2028

(a)

99,000

36,755

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Communications

–

14.3%

(continued)

Altice

France

SA

8.13%,

2/01/2027

(a)

127,000

103,868

5.50%,

1/15/2028

(a)

87,000

63,949

5.13%,

1/15/2029

(a)(b)

55,000

38,842

5.13%,

7/15/2029

(a)

189,000

132,520

5.50%,

10/15/2029

(a)

150,000

106,471

AMC

Networks,

Inc.

4.75%,

8/01/2025

68,000

60,182

4.25%,

2/15/2029

115,000

63,974

Angi

Group

LLC,

3.88%,

8/15/2028

(a)(b)

41,000

34,476

Arches

Buyer,

Inc.

4.25%,

6/01/2028

(a)

79,000

68,744

6.13%,

12/01/2028

(a)

46,000

39,632

Beasley

Mezzanine

Holdings

LLC,

8.63%,

2/01/2026

(a)

25,000

16,351

Belo

Corp.

7.75%,

6/01/2027

23,000

22,813

7.25%,

9/15/2027

30,000

29,436

Block

Communications,

Inc.,

4.88%,

3/01/2028

(a)

15,000

12,600

British

Telecommunications

PLC

4.25%,

11/23/2081

(a)

54,000

47,802

4.88%,

11/23/2081

(a)

75,000

61,434

Cable

One,

Inc.,

4.00%,

11/15/2030

(a)(b)

50,000

39,501

Cablevision

Lightpath

LLC

3.88%,

9/15/2027

(a)

30,000

25,012

5.63%,

9/15/2028

(a)

25,000

19,176

Cars.com,

Inc.,

6.38%,

11/01/2028

(a)

45,000

42,601

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.

5.50%,

5/01/2026

(a)

65,000

63,429

5.13%,

5/01/2027

(a)

330,000

309,589

5.00%,

2/01/2028

(a)

265,000

244,981

5.38%,

6/01/2029

(a)

115,000

105,208

6.38%,

9/01/2029

(a)

85,000

81,272

4.75%,

3/01/2030

(a)

240,000

207,710

4.50%,

8/15/2030

(a)

255,000

215,719

4.25%,

2/01/2031

(a)

319,000

261,887

7.38%,

3/01/2031

(a)

100,000

99,275

4.75%,

2/01/2032

(a)

161,000

133,364

4.50%,

5/01/2032

374,000

304,881

4.50%,

6/01/2033

(a)

260,000

205,921

4.25%,

1/15/2034

(a)

162,000

124,370

Ciena

Corp.,

4.00%,

1/31/2030

(a)

25,000

21,972

Clear

Channel

International

BV,

6.63%,

8/01/2025

(a)

35,000

34,895

Clear

Channel

Outdoor

Holdings,

Inc.

5.13%,

8/15/2027

(a)(b)

60,000

55,115

7.75%,

4/15/2028

(a)

85,000

71,024

7.50%,

6/01/2029

(a)

70,000

55,476

CMG

Media

Corp.,

8.88%,

12/15/2027

(a)

100,000

78,061

Cogent

Communications

Group,

Inc.

3.50%,

5/01/2026

(a)

35,000

32,486

7.00%,

6/15/2027

(a)

55,000

53,232

CommScope

Technologies

LLC

6.00%,

6/15/2025

(a)

99,000

89,848

5.00%,

3/15/2027

(a)

71,000

47,394

81

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Communications

–

14.3%

(continued)

CommScope,

Inc.

6.00%,

3/01/2026

(a)

100,000

91,779

8.25%,

3/01/2027

(a)

85,000

64,440

7.13%,

7/01/2028

(a)

64,000

42,596

4.75%,

9/01/2029

(a)

59,000

45,356

Connect

Finco

Sarl

/

Connect

US

Finco

LLC,

6.75%,

10/01/2026

(a)

229,000

219,196

Consolidated

Communications,

Inc.

5.00%,

10/01/2028

(a)

90,000

67,363

6.50%,

10/01/2028

(a)(b)

40,000

31,195

CSC

Holdings

LLC

5.25%,

6/01/2024

61,000

56,912

5.50%,

4/15/2027

(a)

99,000

84,842

5.38%,

2/01/2028

(a)

80,000

66,779

7.50%,

4/01/2028

(a)

94,000

58,206

11.25%,

5/15/2028

(a)

75,000

74,156

6.50%,

2/01/2029

(a)

125,000

106,190

5.75%,

1/15/2030

(a)

175,000

90,709

4.13%,

12/01/2030

(a)

50,000

36,150

4.63%,

12/01/2030

(a)

292,000

147,292

3.38%,

2/15/2031

(a)

40,000

27,619

4.50%,

11/15/2031

(a)

90,000

64,551

5.00%,

11/15/2031

(a)

35,000

17,716

Cumulus

Media

New

Holdings,

Inc.,

6.75%,

7/01/2026

(a)

36,000

27,095

DIRECTV

Financing

LLC

/

DIRECTV

Financing

Co.-Obligor,

Inc.,

5.88%,

8/15/2027

(a)

384,000

346,624

DISH

DBS

Corp.

7.75%,

7/01/2026

230,000

148,773

5.25%,

12/01/2026

(a)

188,000

154,130

7.38%,

7/01/2028

90,000

50,586

5.75%,

12/01/2028

(a)

210,000

162,027

5.13%,

6/01/2029

158,000

79,653

DISH

Network

Corp.,

11.75%,

11/15/2027

(a)

230,000

231,515

Embarq

Corp.,

8.00%,

6/01/2036

98,000

55,576

Frontier

Communications

Holdings

LLC

5.88%,

10/15/2027

(a)

95,000

86,841

5.00%,

5/01/2028

(a)

124,000

105,116

6.75%,

5/01/2029

(a)

90,000

69,603

5.88%,

11/01/2029

59,000

43,250

6.00%,

1/15/2030

(a)

154,000

111,875

8.75%,

5/15/2030

(a)

110,000

106,033

8.63%,

3/15/2031

(a)

65,000

62,276

Frontier

North,

Inc.,

Series

G,

6.73%,

2/15/2028

15,000

13,420

Gannett

Holdings

LLC,

6.00%,

11/01/2026

(a)

32,000

27,523

GCI

LLC,

4.75%,

10/15/2028

(a)

46,000

40,342

Gen

Digital,

Inc.

5.00%,

4/15/2025

(a)

130,000

128,176

6.75%,

9/30/2027

(a)

106,000

106,360

7.13%,

9/30/2030

(a)(b)

67,000

67,487

Getty

Images,

Inc.,

9.75%,

3/01/2027

(a)

32,000

31,867

Go

Daddy

Operating

Co.

LLC

/

GD

Finance

Co.,

Inc.

5.25%,

12/01/2027

(a)

54,000

51,843

3.50%,

3/01/2029

(a)

78,000

67,123

GoTo

Group,

Inc.,

5.50%,

9/01/2027

(a)

96,000

55,108

Gray

Escrow

II,

Inc.,

5.38%,

11/15/2031

(a)

70,000

48,342

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Communications

–

14.3%

(continued)

Gray

Television,

Inc.

5.88%,

7/15/2026

(a)

47,000

42,383

7.00%,

5/15/2027

(a)(b)

41,000

35,476

4.75%,

10/15/2030

(a)

45,000

31,674

GrubHub

Holdings,

Inc.,

5.50%,

7/01/2027

(a)

35,000

24,560

Hughes

Satellite

Systems

Corp.

5.25%,

8/01/2026

95,000

89,152

6.63%,

8/01/2026

55,000

49,696

iHeartCommunications,

Inc.

6.38%,

5/01/2026

126,500

109,494

8.38%,

5/01/2027

(b)

57,000

38,973

5.25%,

8/15/2027

(a)

64,000

50,388

4.75%,

1/15/2028

(a)

43,000

33,045

Iliad

Holding

SASU

6.50%,

10/15/2026

(a)

108,000

103,378

7.00%,

10/15/2028

(a)

145,000

136,129

Intelsat

Jackson

Holdings

SA,

6.50%,

3/15/2030

(a)

259,000

236,370

ION

Trading

Technologies

Sarl,

5.75%,

5/15/2028

(a)

30,000

26,153

Lamar

Media

Corp.

3.75%,

2/15/2028

107,000

97,971

4.88%,

1/15/2029

33,000

30,893

4.00%,

2/15/2030

64,000

56,362

3.63%,

1/15/2031

105,000

89,213

LCPR

Senior

Secured

Financing

DAC

6.75%,

10/15/2027

(a)

107,000

100,487

5.13%,

7/15/2029

(a)

89,000

73,791

Level

3

Financing,

Inc.

3.40%,

3/01/2027

(a)

76,000

67,059

4.63%,

9/15/2027

(a)

88,000

66,848

4.25%,

7/01/2028

(a)

146,000

103,321

3.63%,

1/15/2029

(a)

45,000

29,713

3.75%,

7/15/2029

(a)

120,000

78,728

3.88%,

11/15/2029

(a)(b)

111,000

94,637

10.50%,

5/15/2030

(a)

75,000

77,696

Liberty

Interactive

LLC

8.50%,

7/15/2029

20,000

7,517

8.25%,

2/01/2030

45,000

16,812

Lumen

Technologies,

Inc.

4.00%,

2/15/2027

(a)

110,000

72,263

4.50%,

1/15/2029

(a)

54,000

22,351

Series

P,

7.60%,

9/15/2039

123,000

45,052

Series

U,

7.65%,

3/15/2042

20,000

7,298

Match

Group

Holdings

II

LLC

5.00%,

12/15/2027

(a)

30,000

28,421

4.63%,

6/01/2028

(a)

60,000

55,563

5.63%,

2/15/2029

(a)

25,000

23,886

4.13%,

8/01/2030

(a)

25,000

21,535

3.63%,

10/01/2031

(a)

14,000

11,529

McGraw-Hill

Education,

Inc.

5.75%,

8/01/2028

(a)

75,000

65,850

8.00%,

8/01/2029

(a)

74,000

63,579

Midcontinent

Communications

/

Midcontinent

Finance

Corp.,

5.38%,

8/15/2027

(a)

15,000

14,224

Millennium

Escrow

Corp.,

6.63%,

8/01/2026

(a)

80,000

59,682

82

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Communications

–

14.3%

(continued)

Newfold

Digital

Holdings

Group,

Inc.,

6.00%,

2/15/2029

(a)

70,000

51,660

News

Corp.

3.88%,

5/15/2029

(a)

95,000

83,810

5.13%,

2/15/2032

(a)

45,000

41,179

Nexstar

Media,

Inc.

5.63%,

7/15/2027

(a)

211,000

198,660

4.75%,

11/01/2028

(a)

125,000

110,231

Northwest

Fiber

LLC

/

Northwest

Fiber

Finance

Sub,

Inc.

4.75%,

4/30/2027

(a)

40,000

35,052

6.00%,

2/15/2028

(a)

15,000

11,948

10.75%,

6/01/2028

(a)

25,000

23,057

Outfront

Media

Capital

LLC

/

Outfront

Media

Capital

Corp.

5.00%,

8/15/2027

(a)

56,000

51,559

4.25%,

1/15/2029

(a)

40,000

33,869

4.63%,

3/15/2030

(a)(b)

33,000

27,593

Paramount

Global

6.25%,

2/28/2057

84,000

65,747

6.38%,

3/30/2062

97,000

79,994

Qwest

Corp.,

7.25%,

9/15/2025

20,000

19,494

Radiate

Holdco

LLC

/

Radiate

Finance,

Inc.

4.50%,

9/15/2026

(a)

75,000

60,927

6.50%,

9/15/2028

(a)

60,000

36,288

Rakuten

Group,

Inc.

5.13%

(a)(e)

39,000

26,991

6.25%

(a)(e)

44,000

22,203

10.25%,

11/30/2024

(a)

160,000

159,916

Rogers

Communications,

Inc.,

5.25%,

3/15/2082

(a)

75,000

69,166

Scripps

Escrow

II,

Inc.

3.88%,

1/15/2029

(a)

24,000

19,947

5.38%,

1/15/2031

(a)

20,000

15,231

Scripps

Escrow,

Inc.,

5.88%,

7/15/2027

(a)

25,000

20,884

Sinclair

Television

Group,

Inc.

5.13%,

2/15/2027

(a)

5,000

4,195

5.50%,

3/01/2030

(a)

76,000

39,942

4.13%,

12/01/2030

(a)

50,000

32,529

Sirius

XM

Radio,

Inc.

3.13%,

9/01/2026

(a)

88,000

79,278

5.00%,

8/01/2027

(a)

130,000

120,783

4.00%,

7/15/2028

(a)

162,000

140,984

5.50%,

7/01/2029

(a)

123,000

112,473

4.13%,

7/01/2030

(a)

130,000

107,049

3.88%,

9/01/2031

(a)

130,000

101,776

Spanish

Broadcasting

System,

Inc.,

9.75%,

3/01/2026

(a)

25,000

17,304

Stagwell

Global

LLC,

5.63%,

8/15/2029

(a)

117,000

99,557

Summer

BC

Bidco

B

LLC,

5.50%,

10/31/2026

(a)

20,000

17,110

TEGNA,

Inc.

4.75%,

3/15/2026

(a)

19,000

18,232

4.63%,

3/15/2028

40,000

36,014

5.00%,

9/15/2029

136,000

121,180

Telecom

Italia

Capital

SA

6.38%,

11/15/2033

75,000

63,252

6.00%,

9/30/2034

92,000

74,337

7.20%,

7/18/2036

84,000

72,165

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Communications

–

14.3%

(continued)

7.72%,

6/04/2038

80,000

71,057

Telesat

Canada

/

Telesat

LLC

5.63%,

12/06/2026

(a)

65,000

39,261

4.88%,

6/01/2027

(a)

36,000

21,536

6.50%,

10/15/2027

(a)

30,000

11,968

Townsquare

Media,

Inc.,

6.88%,

2/01/2026

(a)

29,000

27,957

TripAdvisor,

Inc.,

7.00%,

7/15/2025

(a)

30,000

30,055

U.S.

Cellular

Corp.,

6.70%,

12/15/2033

60,000

51,793

Uber

Technologies,

Inc.

7.50%,

5/15/2025

(a)

65,000

65,908

8.00%,

11/01/2026

(a)

149,000

151,942

7.50%,

9/15/2027

(a)

108,000

110,235

6.25%,

1/15/2028

(a)

45,000

44,889

4.50%,

8/15/2029

(a)(b)

135,000

124,754

Univision

Communications,

Inc.

5.13%,

2/15/2025

(a)

151,000

148,650

6.63%,

6/01/2027

(a)

120,000

116,737

8.00%,

8/15/2028

(a)

13,000

13,124

4.50%,

5/01/2029

(a)

94,000

81,578

7.38%,

6/30/2030

(a)

203,000

197,678

UPC

Broadband

Finco

BV,

4.88%,

7/15/2031

(a)

88,000

74,081

UPC

Holding

BV,

5.50%,

1/15/2028

(a)

85,000

76,085

Urban

One,

Inc.,

7.38%,

2/01/2028

(a)

40,000

35,383

ViaSat,

Inc.

5.63%,

9/15/2025

(a)

20,000

18,755

5.63%,

4/15/2027

(a)

47,000

42,329

6.50%,

7/15/2028

(a)

55,000

42,350

Viavi

Solutions,

Inc.,

3.75%,

10/01/2029

(a)

65,000

55,896

Videotron

Ltd.

5.13%,

4/15/2027

(a)

15,000

14,517

3.63%,

6/15/2029

(a)

60,000

52,204

Virgin

Media

Finance

PLC,

5.00%,

7/15/2030

(a)

30,000

24,614

Virgin

Media

Secured

Finance

PLC

5.50%,

5/15/2029

(a)

150,000

138,585

4.50%,

8/15/2030

(a)

97,000

83,181

Virgin

Media

Vendor

Financing

Notes

IV

DAC,

5.00%,

7/15/2028

(a)

39,000

34,273

VMED

O2

UK

Financing

I

PLC

4.25%,

1/31/2031

(a)

100,000

83,006

4.75%,

7/15/2031

(a)

121,000

102,363

Vodafone

Group

PLC

7.00%,

4/04/2079

203,000

207,900

3.25%,

6/04/2081

11,000

9,762

4.13%,

6/04/2081

180,000

143,285

5.13%,

6/04/2081

110,000

79,939

VZ

Secured

Financing

BV,

5.00%,

1/15/2032

(a)

137,000

111,343

Warner

Media

LLC,

7.63%,

4/15/2031

10,000

10,534

Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp.,

7.75%,

8/15/2028

(a)

125,000

105,059

Zayo

Group

Holdings,

Inc.

4.00%,

3/01/2027

(a)

103,000

73,655

6.13%,

3/01/2028

(a)

68,000

42,003

Ziff

Davis,

Inc.,

4.63%,

10/15/2030

(a)

57,000

49,865

Ziggo

Bond

Co.

BV,

6.00%,

1/15/2027

(a)

100,000

93,010

Ziggo

BV,

4.88%,

1/15/2030

(a)

40,000

33,830

16,288,060

83

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

1011778

BC

ULC

/

New

Red

Finance,

Inc.

5.75%,

4/15/2025

(a)

10,000

9,949

3.88%,

1/15/2028

(a)

134,000

122,637

4.38%,

1/15/2028

(a)

58,000

53,559

3.50%,

2/15/2029

(a)

88,000

77,406

4.00%,

10/15/2030

(a)

219,000

187,875

99

Escrow

Issuer,

Inc.,

7.50%,

1/15/2026

(a)

155,000

60,759

Abercrombie

&

Fitch

Management

Co.,

8.75%,

7/15/2025

(a)

65,000

65,985

Academy

Ltd.,

6.00%,

11/15/2027

(a)

34,000

33,001

Adams

Homes,

Inc.,

7.50%,

2/15/2025

(a)

25,000

24,580

Adient

Global

Holdings

Ltd.,

4.88%,

8/15/2026

(a)

77,000

73,862

Affinity

Interactive,

6.88%,

12/15/2027

(a)

24,000

21,324

Air

Canada,

3.88%,

8/15/2026

(a)

112,000

104,075

Air

Canada

Pass-Through

Trust,

Series

2020-1,

Class

C,

10.50%,

7/15/2026

(a)

20,000

21,661

Allegiant

Travel

Co.,

7.25%,

8/15/2027

(a)

23,000

22,756

Allen

Media

LLC

/

Allen

Media

Co.-Issuer,

Inc.,

10.50%,

2/15/2028

(a)

68,000

38,583

Allison

Transmission,

Inc.

4.75%,

10/01/2027

(a)

60,000

56,860

5.88%,

6/01/2029

(a)

60,000

58,232

3.75%,

1/30/2031

(a)

120,000

101,512

AMC

Entertainment

Holdings,

Inc.

10.00%,

6/15/2026

(a)

134,000

92,428

7.50%,

2/15/2029

(a)

85,000

58,614

American

Airlines

Group,

Inc.,

3.75%,

3/01/2025

(a)

93,000

88,751

American

Airlines

Pass-Through

Trust

Series

2013-1,

Class

A,

4.00%,

7/15/2025

37,490

35,077

Series

2014-1,

Class

A,

3.70%,

10/01/2026

46,893

42,948

Series

2015-1,

Class

A,

3.38%,

5/01/2027

54,045

48,589

Series

2016-1,

Class

A,

4.10%,

1/15/2028

13,337

12,022

Series

2016-2,

Class

A,

3.65%,

6/15/2028

50,881

44,235

Series

2021-1,

Class

B,

3.95%,

7/11/2030

18,200

15,969

American

Airlines,

Inc.

11.75%,

7/15/2025

(a)

115,000

126,773

7.25%,

2/15/2028

(a)

39,000

38,699

American

Airlines,

Inc.

/Aadvantage

Loyalty

IP

Ltd.

5.50%,

4/20/2026

(a)

248,417

244,772

5.75%,

4/20/2029

(a)

246,000

238,455

American

Axle

&

Manufacturing,

Inc.

6.50%,

4/01/2027

(b)

85,000

82,850

6.88%,

7/01/2028

25,000

23,765

5.00%,

10/01/2029

11,000

9,375

American

Builders

&

Contractors

Supply

Co.,

Inc.

4.00%,

1/15/2028

(a)

85,000

77,902

3.88%,

11/15/2029

(a)

30,000

26,055

American

Greetings

Corp.,

8.75%,

4/15/2025

(a)

13,000

12,711

Aramark

Services,

Inc.

5.00%,

4/01/2025

(a)

45,000

44,408

6.38%,

5/01/2025

(a)

162,000

162,260

5.00%,

2/01/2028

(a)

126,000

119,074

Arko

Corp.,

5.13%,

11/15/2029

(a)

50,000

41,608

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

Asbury

Automotive

Group,

Inc.

4.50%,

3/01/2028

19,000

17,410

4.63%,

11/15/2029

(a)(b)

146,000

129,463

4.75%,

3/01/2030

56,000

49,446

5.00%,

2/15/2032

(a)

70,000

61,059

Ashton

Woods

USA

LLC

/

Ashton

Woods

Finance

Co.

6.63%,

1/15/2028

(a)

20,000

19,246

4.63%,

8/01/2029

(a)

26,000

22,497

4.63%,

4/01/2030

(a)

34,000

29,110

Aston

Martin

Capital

Holdings

Ltd.,

10.50%,

11/30/2025

(a)

114,000

115,395

At

Home

Group,

Inc.

4.88%,

7/15/2028

(a)

57,000

32,999

7.13%,

7/15/2029

(a)

31,000

18,642

Banijay

Entertainment

SASU,

5.38%,

3/01/2025

(a)

35,000

34,362

Bath

&

Body

Works,

Inc.

9.38%,

7/01/2025

(a)

34,000

35,876

6.69%,

1/15/2027

67,000

67,236

5.25%,

2/01/2028

43,000

41,008

7.50%,

6/15/2029

57,000

57,737

6.63%,

10/01/2030

(a)(b)

122,000

117,839

6.95%,

3/01/2033

71,000

64,299

6.88%,

11/01/2035

63,000

58,439

6.75%,

7/01/2036

70,000

63,661

BCPE

Empire

Holdings,

Inc.,

7.63%,

5/01/2027

(a)

61,000

58,202

BCPE

Ulysses

Intermediate,

Inc.,

7.75%,

4/01/2027

(a)(c)

35,000

31,671

Beacon

Roofing

Supply,

Inc.

4.50%,

11/15/2026

(a)(b)

13,000

12,398

4.13%,

5/15/2029

(a)

20,000

17,686

Beazer

Homes

USA,

Inc.

6.75%,

3/15/2025

20,000

19,944

5.88%,

10/15/2027

25,000

24,154

7.25%,

10/15/2029

10,000

9,836

Bloomin'

Brands,

Inc.

/

OSI

Restaurant

Partners

LLC,

5.13%,

4/15/2029

(a)

25,000

22,737

BlueLinx

Holdings,

Inc.,

6.00%,

11/15/2029

(a)

35,000

31,570

Boyd

Gaming

Corp.

4.75%,

12/01/2027

212,000

199,968

4.75%,

6/15/2031

(a)

70,000

62,671

Boyne

USA,

Inc.,

4.75%,

5/15/2029

(a)

45,000

41,038

Brinker

International,

Inc.

5.00%,

10/01/2024

(a)

11,000

10,828

8.25%,

7/15/2030

(a)

100,000

100,516

Brookfield

Residential

Properties,

Inc.

/

Brookfield

Residential

US

LLC

6.25%,

9/15/2027

(a)

55,000

50,767

5.00%,

6/15/2029

(a)

20,000

16,548

4.88%,

2/15/2030

(a)

50,000

40,750

Caesars

Entertainment,

Inc.

6.25%,

7/01/2025

(a)

160,000

158,974

8.13%,

7/01/2027

(a)

135,000

138,611

4.63%,

10/15/2029

(a)(b)

50,000

44,012

7.00%,

2/15/2030

(a)

168,000

169,679

Carnival

Corp.

10.50%,

2/01/2026

(a)

55,000

57,955

84

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

7.63%,

3/01/2026

(a)(b)

95,000

93,674

5.75%,

3/01/2027

(a)

284,000

262,632

9.88%,

8/01/2027

(a)

61,000

63,651

6.65%,

1/15/2028

40,000

36,939

4.00%,

8/01/2028

(a)

125,000

111,028

6.00%,

5/01/2029

(a)

154,000

138,301

10.50%,

6/01/2030

(a)

80,000

84,630

Carnival

Holdings

Bermuda

Ltd.,

10.38%,

5/01/2028

(a)

90,000

98,073

Carnival

PLC,

7.88%,

6/01/2027

67,000

68,548

Carrols

Restaurant

Group,

Inc.,

5.88%,

7/01/2029

(a)

25,000

21,179

Carvana

Co.

5.50%,

4/15/2027

(a)

80,000

58,576

5.88%,

10/01/2028

(a)

49,000

30,309

4.88%,

9/01/2029

(a)

70,000

42,120

10.25%,

5/01/2030

(a)

292,000

231,984

CCM

Merger,

Inc.,

6.38%,

5/01/2026

(a)

20,000

19,480

CD&R

Smokey

Buyer,

Inc.,

6.75%,

7/15/2025

(a)

76,000

71,957

CDI

Escrow

Issuer,

Inc.,

5.75%,

4/01/2030

(a)

149,000

138,404

CEC

Entertainment

LLC,

6.75%,

5/01/2026

(a)

55,000

52,827

Cedar

Fair

LP,

5.25%,

7/15/2029

45,000

40,340

Cedar

Fair

LP

/

Canada's

Wonderland

Co.

/

Magnum

Management

Corp.

/

Millennium

Operations

LLC

5.50%,

5/01/2025

(a)

50,000

49,447

5.38%,

4/15/2027

55,000

51,925

6.50%,

10/01/2028

21,000

20,326

Century

Communities,

Inc.

6.75%,

6/01/2027

54,000

54,203

3.88%,

8/15/2029

(a)

57,000

49,573

Churchill

Downs,

Inc.

5.50%,

4/01/2027

(a)

73,000

70,587

4.75%,

1/15/2028

(a)

65,000

60,056

6.75%,

5/01/2031

(a)

102,000

99,695

Cinemark

USA,

Inc.

8.75%,

5/01/2025

(a)

7,000

7,102

5.88%,

3/15/2026

(a)

35,000

33,136

5.25%,

7/15/2028

(a)

64,000

56,233

Clarios

Global

LP,

6.75%,

5/15/2025

(a)

38,000

38,054

Clarios

Global

LP

/

Clarios

US

Finance

Co.

6.25%,

5/15/2026

(a)

100,000

99,949

8.50%,

5/15/2027

(a)

136,000

137,700

Constellation

Merger

Sub,

Inc.,

8.50%,

9/15/2025

(a)

35,000

29,191

Cooper-Standard

Automotive,

Inc.,

5.63%,

5/15/2027

(a)(c)

31,221

18,807

Crocs,

Inc.

4.25%,

3/15/2029

(a)

5,000

4,251

4.13%,

8/15/2031

(a)

25,000

20,075

Dana

Financing

Luxembourg

Sarl,

5.75%,

4/15/2025

(a)

58,000

57,276

Dana,

Inc.

5.38%,

11/15/2027

35,000

33,546

5.63%,

6/15/2028

55,000

52,329

4.25%,

9/01/2030

11,000

9,407

4.50%,

2/15/2032

37,000

30,959

Dave

&

Buster's,

Inc.,

7.63%,

11/01/2025

(a)

36,000

36,367

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

Dealer

Tire

LLC

/

DT

Issuer

LLC,

8.00%,

2/01/2028

(a)

42,000

38,813

Delta

Air

Lines,

Inc.

2.90%,

10/28/2024

47,000

45,179

7.38%,

1/15/2026

47,000

48,784

4.38%,

4/19/2028

(b)

25,000

23,752

3.75%,

10/28/2029

(b)

32,000

28,969

Dornoch

Debt

Merger

Sub,

Inc.,

6.63%,

10/15/2029

(a)

68,000

58,478

Empire

Communities

Corp.,

7.00%,

12/15/2025

(a)

35,000

33,715

Empire

Resorts,

Inc.,

7.75%,

11/01/2026

(a)

90,000

72,623

Evergreen

Acqco

1

LP

/

TVI,

Inc.,

9.75%,

4/26/2028

(a)

39,000

40,675

Everi

Holdings,

Inc.,

5.00%,

7/15/2029

(a)

32,000

28,338

Ferrellgas

LP

/

Ferrellgas

Finance

Corp.

5.38%,

4/01/2026

(a)

69,000

64,993

5.88%,

4/01/2029

(a)

115,000

98,976

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co.,

Inc.

4.63%,

1/15/2029

(a)

75,000

65,639

6.75%,

1/15/2030

(a)

78,000

66,975

FirstCash,

Inc.

4.63%,

9/01/2028

(a)

50,000

44,704

5.63%,

1/01/2030

(a)

46,000

42,476

Foot

Locker,

Inc.,

4.00%,

10/01/2029

(a)

45,000

35,160

Ford

Holdings

LLC,

9.30%,

3/01/2030

37,000

41,461

Ford

Motor

Co.

7.13%,

11/15/2025

21,000

21,289

7.50%,

8/01/2026

35,000

36,121

4.35%,

12/08/2026

170,000

165,764

6.63%,

10/01/2028

25,000

25,748

6.38%,

2/01/2029

13,000

12,898

9.63%,

4/22/2030

37,000

43,224

7.45%,

7/16/2031

70,000

75,088

3.25%,

2/12/2032

243,000

192,016

6.10%,

8/19/2032

166,000

160,629

4.75%,

1/15/2043

191,000

149,472

7.40%,

11/01/2046

35,000

36,616

5.29%,

12/08/2046

129,000

106,386

Ford

Motor

Credit

Co.

LLC

3.66%,

9/08/2024

97,000

94,101

4.06%,

11/01/2024

154,000

149,296

2.30%,

2/10/2025

147,000

137,833

5.13%,

6/16/2025

129,000

125,625

4.13%,

8/04/2025

104,000

99,361

3.38%,

11/13/2025

190,000

177,651

6.95%,

3/06/2026

135,000

136,330

6.95%,

6/10/2026

258,000

260,070

4.54%,

8/01/2026

77,000

72,728

2.70%,

8/10/2026

136,000

121,898

4.27%,

1/09/2027

56,000

52,265

4.95%,

5/28/2027

140,000

132,910

4.13%,

8/17/2027

70,000

64,061

3.82%,

11/02/2027

55,000

49,386

7.35%,

11/04/2027

90,000

92,482

2.90%,

2/16/2028

50,000

42,996

5.11%,

5/03/2029

115,000

107,207

7.35%,

3/06/2030

75,000

77,634

7.20%,

6/10/2030

266,000

273,270

85

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

3.63%,

6/17/2031

87,000

71,917

Forestar

Group,

Inc.

3.85%,

5/15/2026

(a)

50,000

46,490

5.00%,

3/01/2028

(a)

42,000

39,067

Foundation

Building

Materials,

Inc.,

6.00%,

3/01/2029

(a)

35,000

30,360

Full

House

Resorts,

Inc.,

8.25%,

2/15/2028

(a)

(b)

35,000

32,444

Gap,

Inc.

(The)

3.63%,

10/01/2029

(a)

51,000

38,003

3.88%,

10/01/2031

(a)

65,000

46,480

Genting

New

York

LLC

/

Genny

Capital,

Inc.,

3.30%,

2/15/2026

(a)

44,000

39,409

G-III

Apparel

Group

Ltd.,

7.88%,

8/15/2025

(a)

45,000

44,353

Golden

Entertainment,

Inc.,

7.63%,

4/15/2026

(a)

10,000

10,003

Goodyear

Tire

&

Rubber

Co.

(The)

5.00%,

5/31/2026

(b)

60,000

58,328

4.88%,

3/15/2027

38,000

36,469

5.00%,

7/15/2029

(b)

70,000

64,537

5.25%,

4/30/2031

14,000

12,679

5.25%,

7/15/2031

11,000

9,808

5.63%,

4/30/2033

(b)

52,000

46,571

GPS

Hospitality

Holding

Co.

LLC

/

GPS

Finco,

Inc.,

7.00%,

8/15/2028

(a)

29,000

19,354

Group

1

Automotive,

Inc.,

4.00%,

8/15/2028

(a)

76,000

67,007

Guitar

Center,

Inc.,

8.50%,

1/15/2026

(a)

47,000

43,242

GYP

Holdings

III

Corp.,

4.63%,

5/01/2029

(a)

20,000

17,886

H&E

Equipment

Services,

Inc.,

3.88%,

12/15/2028

(a)

92,000

80,751

Hanesbrands,

Inc.

4.88%,

5/15/2026

(a)(b)

65,000

61,097

9.00%,

2/15/2031

(a)(b)

31,000

31,710

Hawaiian

Airlines

Pass-Through

Certificates,

Series

2013-1,

Class

A,

3.90%,

1/15/2026

2,482

2,237

Hawaiian

Brand

Intellectual

Property

Ltd.

/

HawaiianMiles

Loyalty

Ltd.,

5.75%,

1/20/2026

(a)

173,200

163,560

Hilton

Domestic

Operating

Co.,

Inc.

5.38%,

5/01/2025

(a)

15,000

14,883

5.75%,

5/01/2028

(a)

44,000

43,355

3.75%,

5/01/2029

(a)

120,000

107,003

4.88%,

1/15/2030

95,000

89,085

4.00%,

5/01/2031

(a)

110,000

95,973

3.63%,

2/15/2032

(a)

157,000

131,655

Hilton

Grand

Vacations

Borrower

Escrow

LLC

/

Hilton

Grand

Vacations

Borrower

Escrow,

Inc.

5.00%,

6/01/2029

(a)

66,000

59,036

4.88%,

7/01/2031

(a)

35,000

29,863

Hilton

Worldwide

Finance

LLC

/

Hilton

Worldwide

Finance

Corp.,

4.88%,

4/01/2027

70,000

67,622

IHO

Verwaltungs

GmbH

4.75%,

9/15/2026

(a)(c)

55,000

50,880

6.00%,

5/15/2027

(a)(c)

50,000

47,944

6.38%,

5/15/2029

(a)(c)

30,000

27,958

Installed

Building

Products,

Inc.,

5.75%,

2/01/2028

(a)

35,000

33,211

Interface,

Inc.,

5.50%,

12/01/2028

(a)

10,000

8,364

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

International

Game

Technology

PLC

6.50%,

2/15/2025

(a)

25,000

25,040

4.13%,

4/15/2026

(a)

70,000

66,487

6.25%,

1/15/2027

(a)

54,000

53,941

5.25%,

1/15/2029

(a)

50,000

47,524

IRB

Holding

Corp.,

7.00%,

6/15/2025

(a)

54,000

54,264

Jacobs

Entertainment,

Inc.,

6.75%,

2/15/2029

(a)

40,000

36,537

Jaguar

Land

Rover

Automotive

PLC

7.75%,

10/15/2025

(a)

65,000

65,602

4.50%,

10/01/2027

(a)(b)

30,000

26,850

5.88%,

1/15/2028

(a)

49,740

46,341

5.50%,

7/15/2029

(a)

30,000

26,424

JB

Poindexter

&

Co.,

Inc.,

7.13%,

4/15/2026

(a)

45,000

44,403

K

Hovnanian

Enterprises,

Inc.,

10.50%,

2/15/2026

(a)

11,000

11,194

KB

Home

6.88%,

6/15/2027

30,000

30,611

4.80%,

11/15/2029

47,000

43,462

7.25%,

7/15/2030

55,000

56,135

4.00%,

6/15/2031

11,000

9,556

Ken

Garff

Automotive

LLC,

4.88%,

9/15/2028

(a)

25,000

21,998

KFC

Holding

Co.

/

Pizza

Hut

Holdings

LLC

/

Taco

Bell

of

America

LLC,

4.75%,

6/01/2027

(a)

92,000

88,880

Kohl's

Corp.

4.25%,

7/17/2025

30,000

28,334

4.63%,

5/01/2031

92,000

67,739

5.55%,

7/17/2045

85,000

54,653

Kontoor

Brands,

Inc.,

4.13%,

11/15/2029

(a)

29,000

24,954

Las

Vegas

Sands

Corp.

3.20%,

8/08/2024

220,000

213,451

2.90%,

6/25/2025

68,000

64,162

3.50%,

8/18/2026

109,000

101,962

3.90%,

8/08/2029

96,000

86,072

LBM

Acquisition

LLC,

6.25%,

1/15/2029

(a)

73,000

62,896

LCM

Investments

Holdings

II

LLC,

4.88%,

5/01/2029

(a)

70,000

61,089

Levi

Strauss

&

Co.,

3.50%,

3/01/2031

(a)(b)

50,000

41,159

LGI

Homes,

Inc.,

4.00%,

7/15/2029

(a)

34,000

28,687

Life

Time,

Inc.

5.75%,

1/15/2026

(a)

89,000

87,254

8.00%,

4/15/2026

(a)

50,000

50,025

Lindblad

Expeditions

Holdings,

Inc.,

9.00%,

5/15/2028

(a)

25,000

25,775

Lindblad

Expeditions

LLC,

6.75%,

2/15/2027

(a)

25,000

24,171

Lions

Gate

Capital

Holdings

LLC,

5.50%,

4/15/2029

(a)

95,000

64,941

Lithia

Motors,

Inc.

4.63%,

12/15/2027

(a)

37,000

34,429

3.88%,

6/01/2029

(a)

77,000

66,313

4.38%,

1/15/2031

(a)(b)

72,000

61,896

Live

Nation

Entertainment,

Inc.

4.88%,

11/01/2024

(a)

40,000

39,451

5.63%,

3/15/2026

(a)

30,000

29,265

6.50%,

5/15/2027

(a)

132,000

132,737

4.75%,

10/15/2027

(a)(b)

107,000

99,377

86

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

3.75%,

1/15/2028

(a)

70,000

63,028

LSF9

Atlantis

Holdings

LLC

/

Victra

Finance

Corp.,

7.75%,

2/15/2026

(a)

70,000

65,641

M/I

Homes,

Inc.

4.95%,

2/01/2028

63,000

59,552

3.95%,

2/15/2030

30,000

26,156

Macy's

Retail

Holdings

LLC

5.88%,

3/15/2030

(a)

105,000

94,780

6.13%,

3/15/2032

(a)

66,000

59,146

4.50%,

12/15/2034

79,000

57,848

6.38%,

3/15/2037

30,000

23,560

5.13%,

1/15/2042

20,000

13,811

4.30%,

2/15/2043

10,000

6,238

MajorDrive

Holdings

IV

LLC,

6.38%,

6/01/2029

(a)

44,000

36,073

Marks

&

Spencer

PLC,

7.13%,

12/01/2037

(a)

15,000

14,354

Marriott

Ownership

Resorts,

Inc.

4.75%,

1/15/2028

45,000

40,831

4.50%,

6/15/2029

(a)

45,000

38,954

Mattamy

Group

Corp.

5.25%,

12/15/2027

(a)

55,000

51,980

4.63%,

3/01/2030

(a)

52,000

45,644

Melco

Resorts

Finance

Ltd.

4.88%,

6/06/2025

100,000

95,540

5.25%,

4/26/2026

44,000

41,342

5.63%,

7/17/2027

49,000

44,499

5.75%,

7/21/2028

(a)

64,000

57,160

5.38%,

12/04/2029

(a)

113,000

95,685

Meritage

Homes

Corp.

6.00%,

6/01/2025

34,000

34,007

5.13%,

6/06/2027

26,000

25,154

3.88%,

4/15/2029

(a)

30,000

26,843

Merlin

Entertainments

Ltd.,

5.75%,

6/15/2026

(a)

29,000

28,217

MGM

China

Holdings

Ltd.

5.25%,

6/18/2025

(a)

49,000

47,396

5.88%,

5/15/2026

(a)(b)

70,000

67,595

4.75%,

2/01/2027

(a)

64,000

58,623

MGM

Resorts

International

6.75%,

5/01/2025

21,000

21,085

5.75%,

6/15/2025

24,000

23,708

4.63%,

9/01/2026

58,000

54,993

5.50%,

4/15/2027

175,000

168,691

4.75%,

10/15/2028

40,000

36,914

Michaels

Cos.,

Inc.

(The)

5.25%,

5/01/2028

(a)(b)

120,000

102,001

7.88%,

5/01/2029

(a)

85,000

60,580

Midwest

Gaming

Borrower

LLC

/

Midwest

Gaming

Finance

Corp.,

4.88%,

5/01/2029

(a)

55,000

48,858

Mohegan

Tribal

Gaming

Authority,

8.00%,

2/01/2026

(a)

123,000

112,483

Motion

Bondco

DAC,

6.63%,

11/15/2027

(a)

25,000

23,085

Murphy

Oil

USA,

Inc.

5.63%,

5/01/2027

47,000

45,859

4.75%,

9/15/2029

79,000

72,657

3.75%,

2/15/2031

(a)

58,000

49,242

NCL

Corp.

Ltd.

3.63%,

12/15/2024

(a)

50,000

48,005

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

5.88%,

3/15/2026

(a)

105,000

99,436

5.88%,

2/15/2027

(a)

74,000

72,049

7.75%,

2/15/2029

(a)(b)

57,000

54,574

NCL

Finance

Ltd.,

6.13%,

3/15/2028

(a)

58,000

52,779

Newell

Brands,

Inc.

4.88%,

6/01/2025

144,000

139,306

4.70%,

4/01/2026

90,000

85,741

6.38%,

9/15/2027

(b)

39,000

38,325

6.63%,

9/15/2029

(b)

89,000

89,115

NMG

Holding

Co.,

Inc.

/

Neiman

Marcus

Group

LLC,

7.13%,

4/01/2026

(a)

71,000

66,472

Nordstrom,

Inc.

4.00%,

3/15/2027

30,000

27,141

4.38%,

4/01/2030

65,000

54,817

4.25%,

8/01/2031

116,000

91,544

5.00%,

1/15/2044

90,000

61,352

Odeon

Finco

PLC,

12.75%,

11/01/2027

(a)

30,000

29,918

Ontario

Gaming

GTA

LP,

8.00%,

8/01/2030

(a)

3,000

3,036

OPENLANE,

Inc.,

5.13%,

6/01/2025

(a)

21,000

20,457

Papa

John's

International,

Inc.,

3.88%,

9/15/2029

(a)

17,000

14,621

Park

River

Holdings,

Inc.

5.63%,

2/01/2029

(a)

15,000

12,025

6.75%,

8/01/2029

(a)

30,000

24,449

Patrick

Industries,

Inc.

7.50%,

10/15/2027

(a)

30,000

29,505

4.75%,

5/01/2029

(a)

30,000

26,056

Penn

Entertainment,

Inc.

5.63%,

1/15/2027

(a)

20,000

18,878

4.13%,

7/01/2029

(a)

19,000

15,703

Penske

Automotive

Group,

Inc.

3.50%,

9/01/2025

45,000

42,864

3.75%,

6/15/2029

55,000

47,590

PetSmart,

Inc.

/

PetSmart

Finance

Corp.

4.75%,

2/15/2028

(a)

71,000

65,067

7.75%,

2/15/2029

(a)

216,000

210,783

PM

General

Purchaser

LLC,

9.50%,

10/01/2028

(a)

55,000

53,966

Premier

Entertainment

Sub

LLC

/

Premier

Entertainment

Finance

Corp.

5.63%,

9/01/2029

(a)(b)

11,000

8,383

5.88%,

9/01/2031

(a)

53,000

39,148

QVC,

Inc.

4.45%,

2/15/2025

55,000

46,551

4.75%,

2/15/2027

129,000

83,414

4.38%,

9/01/2028

25,000

14,150

5.45%,

8/15/2034

25,000

12,633

5.95%,

3/15/2043

20,000

9,838

Raptor

Acquisition

Corp.

/

Raptor

Co.-Issuer

LLC,

4.88%,

11/01/2026

(a)

10,000

9,375

Real

Hero

Merger

Sub

2,

Inc.,

6.25%,

2/01/2029

(a)

56,000

45,404

Resideo

Funding,

Inc.,

4.00%,

9/01/2029

(a)

25,000

21,237

Resorts

World

Las

Vegas

LLC/RWLV

Capital

Inc.,

4.63%,

4/16/2029

100,000

82,875

Ritchie

Bros

Holdings,

Inc.

6.75%,

3/15/2028

(a)

70,000

70,947

7.75%,

3/15/2031

(a)

145,000

151,607

87

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

Rite

Aid

Corp.

7.50%,

7/01/2025

(a)

35,000

20,630

8.00%,

11/15/2026

(a)

68,000

33,989

7.70%,

2/15/2027

17,000

3,616

Royal

Caribbean

Cruises

Ltd.

11.50%,

6/01/2025

(a)

4,000

4,240

4.25%,

7/01/2026

(a)

65,000

60,457

5.50%,

8/31/2026

(a)

155,000

148,839

5.38%,

7/15/2027

(a)

102,000

96,995

11.63%,

8/15/2027

(a)

183,000

199,724

7.50%,

10/15/2027

25,000

25,460

3.70%,

3/15/2028

33,000

28,790

5.50%,

4/01/2028

(a)(b)

114,000

107,452

8.25%,

1/15/2029

(a)

84,000

87,728

9.25%,

1/15/2029

(a)

63,000

67,065

7.25%,

1/15/2030

(a)

90,000

91,114

Sally

Holdings

LLC

/

Sally

Capital,

Inc.,

5.63%,

12/01/2025

45,000

44,713

Sands

China

Ltd.,

5.90%,

8/08/2028

261,000

253,998

Scientific

Games

Holdings

LP/Scientific

Games

US

FinCo,

Inc.,

6.63%,

3/01/2030

(a)

60,000

53,196

Scientific

Games

International,

Inc.

8.63%,

7/01/2025

(a)

10,000

10,213

7.00%,

5/15/2028

(a)

87,000

86,660

7.25%,

11/15/2029

(a)

50,000

49,977

Scotts

Miracle-GRO

Co.

(The)

5.25%,

12/15/2026

13,000

12,428

4.50%,

10/15/2029

(b)

10,000

8,778

4.00%,

4/01/2031

25,000

20,248

4.38%,

2/01/2032

23,000

18,721

SeaWorld

Parks

&

Entertainment,

Inc.,

5.25%,

8/15/2029

(a)

49,000

44,268

Shea

Homes

LP

/

Shea

Homes

Funding

Corp.

4.75%,

2/15/2028

36,000

32,804

4.75%,

4/01/2029

20,000

17,758

Six

Flags

Entertainment

Corp.,

5.50%,

4/15/2027

(a)

50,000

47,342

Six

Flags

Theme

Parks,

Inc.,

7.00%,

7/01/2025

(a)

2,000

2,009

Sizzling

Platter

LLC

/

Sizzling

Platter

Finance

Corp.,

8.50%,

11/28/2025

(a)

55,000

54,162

Sonic

Automotive,

Inc.

4.63%,

11/15/2029

(a)

41,000

35,129

4.88%,

11/15/2031

(a)

105,000

87,270

Specialty

Building

Products

Holdings

LLC

/

SBP

Finance

Corp.,

6.38%,

9/30/2026

(a)

70,000

66,849

Speedway

Motorsports

LLC

/

Speedway

Funding

II,

Inc.,

4.88%,

11/01/2027

(a)

11,000

10,285

Spirit

Loyalty

Cayman

Ltd.

/

Spirit

IP

Cayman

Ltd.

8.00%,

9/20/2025

(a)

49,444

49,977

8.00%,

9/20/2025

(a)

40,640

41,015

SRS

Distribution,

Inc.

4.63%,

7/01/2028

(a)

61,000

55,504

6.13%,

7/01/2029

(a)

65,000

57,221

6.00%,

12/01/2029

(a)

85,000

73,687

Staples,

Inc.

7.50%,

4/15/2026

(a)

176,000

145,041

10.75%,

4/15/2027

(a)

97,000

55,533

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

Station

Casinos

LLC

4.50%,

2/15/2028

(a)

82,000

74,422

4.63%,

12/01/2031

(a)(b)

70,000

59,159

Steelcase,

Inc.,

5.13%,

1/18/2029

30,000

26,575

Studio

City

Co.

Ltd.,

7.00%,

2/15/2027

(a)

30,000

28,567

Studio

City

Finance

Ltd.

6.00%,

7/15/2025

(a)

39,000

36,974

6.50%,

1/15/2028

(a)

41,000

34,867

5.00%,

1/15/2029

(a)

132,000

100,446

Suburban

Propane

Partners

LP/Suburban

Energy

Finance

Corp.

5.88%,

3/01/2027

25,000

24,582

5.00%,

6/01/2031

(a)

85,000

73,039

Sugarhouse

HSP

Gaming

Prop

Mezz

LP

/

Sugarhouse

HSP

Gaming

Finance

Corp.,

5.88%,

5/15/2025

(a)

28,000

26,982

Superior

Plus

LP

/

Superior

General

Partner,

Inc.,

4.50%,

3/15/2029

(a)

110,000

97,146

SWF

Escrow

Issuer

Corp.,

6.50%,

10/01/2029

(a)

74,000

45,882

Taylor

Morrison

Communities,

Inc.

5.88%,

6/15/2027

(a)

50,000

49,273

5.75%,

1/15/2028

(a)

40,000

38,950

5.13%,

8/01/2030

(a)

35,000

32,676

Tempur

Sealy

International,

Inc.

4.00%,

4/15/2029

(a)

91,000

78,962

3.88%,

10/15/2031

(a)

93,000

75,526

Thor

Industries,

Inc.,

4.00%,

10/15/2029

(a)

48,000

41,262

Titan

International,

Inc.,

7.00%,

4/30/2028

35,000

33,715

TKC

Holdings,

Inc.

6.88%,

5/15/2028

(a)

52,000

46,008

10.50%,

5/15/2029

(a)

62,000

47,839

TPro

Acquisition

Corp.,

11.00%,

10/15/2024

(a)

40,000

39,857

Travel

+

Leisure

Co.

6.60%,

10/01/2025

29,000

29,133

6.63%,

7/31/2026

(a)

52,000

51,761

6.00%,

4/01/2027

41,000

40,146

4.50%,

12/01/2029

(a)

70,000

60,325

4.63%,

3/01/2030

(a)

28,000

24,196

TRI

Pointe

Group,

Inc.

5.25%,

6/01/2027

62,000

59,906

5.70%,

6/15/2028

41,000

39,380

Under

Armour,

Inc.,

3.25%,

6/15/2026

172,000

157,764

United

Airlines

Holdings,

Inc.,

4.88%,

1/15/2025

25,000

24,465

United

Airlines

Pass-Through

Trust,

Series

2019-2,

Class

B,

3.50%,

5/01/2028

43,884

39,500

United

Airlines,

Inc.

4.38%,

4/15/2026

(a)

196,000

185,648

4.63%,

4/15/2029

(a)

176,000

159,558

Universal

Entertainment

Corp.,

8.75%,

12/11/2024

(a)(f)

92,000

92,709

US

Airways

Pass-Through

Trust

Series

2012-2,

Class

A,

4.63%,

6/03/2025

32,627

30,970

Series

2013-1,

Class

A,

3.95%,

11/15/2025

58,364

54,726

Vail

Resorts,

Inc.,

6.25%,

5/15/2025

(a)

83,000

83,188

Victoria's

Secret

&

Co.,

4.63%,

7/15/2029

(a)

30,000

22,509

88

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Cyclical

–

24.3%

(continued)

Viking

Cruises

Ltd.

6.25%,

5/15/2025

(a)

20,000

19,656

5.88%,

9/15/2027

(a)

71,000

66,347

7.00%,

2/15/2029

(a)

52,000

49,106

9.13%,

7/15/2031

(a)

56,000

57,477

Viking

Ocean

Cruises

Ship

VII

Ltd.,

5.63%,

2/15/2029

(a)

25,000

23,245

Vista

Outdoor,

Inc.,

4.50%,

3/15/2029

(a)

23,000

19,568

VistaJet

Malta

Finance

PLC

/

XO

Management

Holding,

Inc.

7.88%,

5/01/2027

(a)

56,000

51,947

6.38%,

2/01/2030

(a)

93,000

78,700

VOC

Escrow

Ltd.,

5.00%,

2/15/2028

(a)

50,000

46,473

Wabash

National

Corp.,

4.50%,

10/15/2028

(a)

35,000

29,517

Wheel

Pros,

Inc.,

6.50%,

5/15/2029

(a)

30,000

10,171

White

Capital

Buyer

LLC,

6.88%,

10/15/2028

(a)

62,000

56,035

White

Capital

Parent

LLC,

8.25%,

3/15/2026

(a)(c)

25,000

24,189

William

Carter

Co.

(The),

5.63%,

3/15/2027

(a)

66,000

64,540

Windsor

Holdings

III

LLC,

8.50%,

6/15/2030

(a)

27,000

27,151

Winnebago

Industries,

Inc.,

6.25%,

7/15/2028

(a)

30,000

29,275

WMG

Acquisition

Corp.

3.75%,

12/01/2029

(a)

60,000

52,593

3.88%,

7/15/2030

(a)

50,000

43,796

3.00%,

2/15/2031

(a)(b)

75,000

61,340

Wolverine

World

Wide,

Inc.,

4.00%,

8/15/2029

(a)

36,000

28,270

Wyndham

Hotels

&

Resorts,

Inc.,

4.38%,

8/15/2028

(a)

45,000

41,485

Wynn

Las

Vegas

LLC

/

Wynn

Las

Vegas

Capital

Corp.

5.50%,

3/01/2025

(a)

144,000

141,142

5.25%,

5/15/2027

(a)

85,000

80,662

Wynn

Macau

Ltd.

4.88%,

10/01/2024

(a)(b)

15,000

14,635

5.50%,

1/15/2026

(a)

139,000

131,001

5.50%,

10/01/2027

(a)

55,000

49,863

5.63%,

8/26/2028

(a)

170,000

151,722

5.13%,

12/15/2029

(a)

70,000

59,040

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp.

5.13%,

10/01/2029

(a)

56,000

50,740

7.13%,

2/15/2031

(a)(b)

51,000

50,996

Yum!

Brands,

Inc.

4.75%,

1/15/2030

(a)

123,000

115,007

3.63%,

3/15/2031

141,000

120,657

4.63%,

1/31/2032

149,000

134,962

5.38%,

4/01/2032

125,000

118,299

6.88%,

11/15/2037

55,000

59,360

5.35%,

11/01/2043

15,000

13,550

ZF

North

America

Capital,

Inc.

4.75%,

4/29/2025

(a)

101,000

98,006

7.13%,

4/14/2030

(a)

85,000

87,447

27,730,138

Consumer,

Non-cyclical

–

14.9%

180

Medical,

Inc.,

3.88%,

10/15/2029

(a)

80,000

70,050

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Non-cyclical

–

14.9%

(continued)

Acadia

Healthcare

Co.,

Inc.

5.50%,

7/01/2028

(a)

55,000

52,678

5.00%,

4/15/2029

(a)

11,000

10,208

ACCO

Brands

Corp.,

4.25%,

3/15/2029

(a)

50,000

42,941

AdaptHealth

LLC

6.13%,

8/01/2028

(a)

21,000

18,908

4.63%,

8/01/2029

(a)

59,000

48,541

5.13%,

3/01/2030

(a)

46,000

38,220

ADT

Security

Corp.

(The)

4.13%,

8/01/2029

(a)

55,000

47,885

4.88%,

7/15/2032

(a)

48,000

41,500

Adtalem

Global

Education,

Inc.,

5.50%,

3/01/2028

(a)

36,000

33,568

AHP

Health

Partners,

Inc.,

5.75%,

7/15/2029

(a)

25,000

21,760

Akumin

Escrow,

Inc.,

7.50%,

8/01/2028

(a)

25,000

18,846

Akumin,

Inc.,

7.00%,

11/01/2025

(a)

105,000

90,313

Albertsons

Cos.,

Inc.

/

Safeway,

Inc.

/

New

Albertsons

LP

/

Albertsons

LLC

3.25%,

3/15/2026

(a)

95,000

88,368

7.50%,

3/15/2026

(a)

8,000

8,138

4.63%,

1/15/2027

(a)

136,000

128,906

5.88%,

2/15/2028

(a)

100,000

97,818

6.50%,

2/15/2028

(a)

80,000

79,704

3.50%,

3/15/2029

(a)

107,000

93,119

4.88%,

2/15/2030

(a)

114,000

104,870

Albion

Financing

1

Sarl

/

Aggreko

Holdings,

Inc.,

6.13%,

10/15/2026

(a)

120,000

113,384

Albion

Financing

2

Sarl,

8.75%,

4/15/2027

(a)

105,000

97,682

Allied

Universal

Holdco

LLC

/

Allied

Universal

Finance

Corp.

6.63%,

7/15/2026

(a)

150,000

143,416

9.75%,

7/15/2027

(a)

114,000

104,592

6.00%,

6/01/2029

(a)

85,000

64,950

Allied

Universal

Holdco

LLC

/

Allied

Universal

Finance

Corp.

/

Atlas

Luxco

4

Sarl

4.63%,

6/01/2028

(a)

96,000

81,753

4.63%,

6/01/2028

(a)

59,000

50,015

Alta

Equipment

Group,

Inc.,

5.63%,

4/15/2026

(a)

39,000

36,491

AMN

Healthcare,

Inc.

4.63%,

10/01/2027

(a)

55,000

51,690

4.00%,

4/15/2029

(a)

25,000

22,200

APi

Group

DE,

Inc.

4.13%,

7/15/2029

(a)

31,000

26,960

4.75%,

10/15/2029

(a)

40,000

35,609

Aptim

Corp.,

7.75%,

6/15/2025

(a)

42,000

34,144

APX

Group,

Inc.

6.75%,

2/15/2027

(a)

54,000

52,869

5.75%,

7/15/2029

(a)

65,000

56,466

ASGN,

Inc.,

4.63%,

5/15/2028

(a)

70,000

64,555

Avantor

Funding,

Inc.

4.63%,

7/15/2028

(a)

143,000

132,715

3.88%,

11/01/2029

(a)

110,000

96,281

Avis

Budget

Car

Rental

LLC

/

Avis

Budget

Finance,

Inc.

5.75%,

7/15/2027

(a)

11,000

10,598

5.75%,

7/15/2027

(a)

5,000

4,726

4.75%,

4/01/2028

(a)

11,000

9,981

89

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Non-cyclical

–

14.9%

(continued)

5.38%,

3/01/2029

(a)

30,000

27,896

Avon

Products,

Inc.,

8.45%,

3/15/2043

15,000

17,794

B&G

Foods,

Inc.

5.25%,

4/01/2025

86,000

81,803

5.25%,

9/15/2027

81,000

69,797

Bausch

Health

Americas,

Inc.

9.25%,

4/01/2026

(a)

130,000

111,215

8.50%,

1/31/2027

(a)

55,000

31,360

Bausch

Health

Cos.,

Inc.

5.50%,

11/01/2025

(a)

128,000

115,166

9.00%,

12/15/2025

(a)

46,000

42,398

6.13%,

2/01/2027

(a)

90,000

59,353

5.75%,

8/15/2027

(a)

30,000

19,194

7.00%,

1/15/2028

(a)

13,000

6,228

4.88%,

6/01/2028

(a)

145,000

87,976

11.00%,

9/30/2028

(a)

158,000

116,968

5.00%,

2/15/2029

(a)

46,000

21,115

6.25%,

2/15/2029

(a)

71,000

33,024

7.25%,

5/30/2029

(a)

29,000

13,550

5.25%,

1/30/2030

(a)

70,000

31,444

14.00%,

10/15/2030

(a)

31,000

19,720

5.25%,

2/15/2031

(a)

52,000

23,699

BellRing

Brands,

Inc.,

7.00%,

3/15/2030

(a)

95,000

95,328

Block,

Inc.

2.75%,

6/01/2026

122,000

111,571

3.50%,

6/01/2031

(b)

47,000

39,373

Brink's

Co.

(The)

5.50%,

7/15/2025

(a)

64,000

63,351

4.63%,

10/15/2027

(a)

35,000

32,903

C&S

Group

Enterprises

LLC,

5.00%,

12/15/2028

(a)

35,000

27,336

Cano

Health

LLC,

6.25%,

10/01/2028

(a)

43,000

26,786

Carriage

Services,

Inc.,

4.25%,

5/15/2029

(a)

23,000

19,929

Catalent

Pharma

Solutions,

Inc.

5.00%,

7/15/2027

(a)

26,000

24,365

3.13%,

2/15/2029

(a)(b)

160,000

133,600

3.50%,

4/01/2030

(a)(b)

11,000

9,192

Central

Garden

&

Pet

Co.

5.13%,

2/01/2028

27,000

25,558

4.13%,

10/15/2030

48,000

40,803

4.13%,

4/30/2031

(a)

11,000

9,203

Charles

River

Laboratories

International,

Inc.

4.25%,

5/01/2028

(a)

51,000

47,108

3.75%,

3/15/2029

(a)

41,000

36,285

4.00%,

3/15/2031

(a)(b)

44,000

38,345

Cheplapharm

Arzneimittel

GMBH,

5.50%,

1/15/2028

(a)

55,000

50,082

Chobani

LLC

/

Chobani

Finance

Corp.,

Inc.

7.50%,

4/15/2025

(a)

100,000

100,070

4.63%,

11/15/2028

(a)

90,000

82,035

CHS/Community

Health

Systems,

Inc.

8.00%,

3/15/2026

(a)

182,000

178,810

5.63%,

3/15/2027

(a)

166,000

148,039

8.00%,

12/15/2027

(a)

40,000

39,092

6.88%,

4/01/2028

(a)

60,000

37,501

6.00%,

1/15/2029

(a)

75,000

64,803

6.88%,

4/15/2029

(a)

118,000

78,274

6.13%,

4/01/2030

(a)

85,000

53,619

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Non-cyclical

–

14.9%

(continued)

5.25%,

5/15/2030

(a)

130,000

103,997

4.75%,

2/15/2031

(a)

89,000

67,466

Cimpress

PLC,

7.00%,

6/15/2026

90,000

84,890

CoreCivic,

Inc.

8.25%,

4/15/2026

70,000

70,527

4.75%,

10/15/2027

60,000

52,790

CoreLogic,

Inc.,

4.50%,

5/01/2028

(a)

44,000

36,134

Coty,

Inc.

5.00%,

4/15/2026

(a)

55,000

53,028

6.50%,

4/15/2026

(a)

34,000

33,802

Coty,

Inc.

/

HFC

Prestige

Products,

Inc.

/

HFC

Prestige

International

US

LLC,

4.75%,

1/15/2029

(a)

23,000

21,343

CPI

CG,

Inc.,

8.63%,

3/15/2026

(a)

55,000

52,983

Darling

Ingredients,

Inc.

5.25%,

4/15/2027

(a)

43,000

41,770

6.00%,

6/15/2030

(a)

95,000

93,649

DaVita,

Inc.

4.63%,

6/01/2030

(a)

291,000

248,488

3.75%,

2/15/2031

(a)

146,000

116,684

Deluxe

Corp.,

8.00%,

6/01/2029

(a)

40,000

33,575

Edgewell

Personal

Care

Co.

5.50%,

6/01/2028

(a)(b)

85,000

80,891

4.13%,

4/01/2029

(a)

70,000

61,220

Elanco

Animal

Health,

Inc.,

6.65%,

8/28/2028

26,000

25,691

Embecta

Corp.

5.00%,

2/15/2030

(a)

41,000

33,831

6.75%,

2/15/2030

(a)

62,000

54,646

Emergent

Biosolutions,

Inc.,

3.88%,

8/15/2028

(a)

45,000

24,493

Encompass

Health

Corp.

5.75%,

9/15/2025

45,000

44,794

4.50%,

2/01/2028

76,000

70,554

4.75%,

2/01/2030

86,000

78,163

FAGE

International

SA

/

FAGE

USA

Dairy

Industry,

Inc.,

5.63%,

8/15/2026

(a)

25,000

23,695

Fortrea

Holdings,

Inc.,

7.50%,

7/01/2030

(a)

40,000

40,905

Garda

World

Security

Corp.

4.63%,

2/15/2027

(a)

40,000

36,943

9.50%,

11/01/2027

(a)

46,000

45,016

7.75%,

2/15/2028

(a)

77,000

76,551

6.00%,

6/01/2029

(a)

47,000

39,134

Garden

Spinco

Corp.,

8.63%,

7/20/2030

(a)

20,000

21,672

Gartner,

Inc.

4.50%,

7/01/2028

(a)

85,000

79,504

3.63%,

6/15/2029

(a)

78,000

68,889

3.75%,

10/01/2030

(a)

96,000

83,751

GEO

Group,

Inc.

(The)

10.50%,

6/30/2028

25,000

25,067

9.50%,

12/31/2028

(a)

20,000

19,571

Global

Medical

Response,

Inc.,

6.50%,

10/01/2025

(a)

61,000

36,300

Graham

Holdings

Co.,

5.75%,

6/01/2026

(a)

53,000

52,093

Grand

Canyon

University

4.13%,

10/01/2024

75,000

71,211

4.38%,

10/01/2026

10,000

9,414

5.13%,

10/01/2028

11,000

10,073

Grifols

SA,

4.75%,

10/15/2028

(a)(b)

68,000

59,887

90

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Non-cyclical

–

14.9%

(continued)

HealthEquity,

Inc.,

4.50%,

10/01/2029

(a)

34,000

30,392

Heartland

Dental

LLC/

Heartland

Dental

Finance

Corp.,

8.50%,

5/01/2026

(a)

22,000

19,828

Herbalife

Nutrition

Ltd.

/

HLF

Financing,

Inc.,

7.88%,

9/01/2025

(a)

97,000

92,519

Herc

Holdings,

Inc.,

5.50%,

7/15/2027

(a)

134,000

128,728

Hertz

Corp.

(The)

4.63%,

12/01/2026

(a)

55,000

49,715

5.00%,

12/01/2029

(a)

71,000

58,646

H-Food

Holdings

LLC

/

Hearthside

Finance

Co.,

Inc.,

8.50%,

6/01/2026

(a)

31,000

11,976

HLF

Financing

Sarl

LLC

/

Herbalife

International,

Inc.,

4.88%,

6/01/2029

(a)

105,000

79,803

Hologic,

Inc.

4.63%,

2/01/2028

(a)

48,000

45,508

3.25%,

2/15/2029

(a)

115,000

100,654

Horizon

Therapeutics

USA,

Inc.,

5.50%,

8/01/2027

(a)

5,000

5,052

Ingles

Markets,

Inc.,

4.00%,

6/15/2031

(a)

55,000

46,588

IQVIA,

Inc.

5.00%,

10/15/2026

(a)

112,000

108,851

5.00%,

5/15/2027

(a)

145,000

139,936

6.50%,

5/15/2030

(a)

43,000

43,423

Jazz

Securities

DAC,

4.38%,

1/15/2029

(a)

179,000

159,237

Kedrion

SpA,

6.50%,

9/01/2029

(a)

50,000

43,464

KeHE

Distributors

LLC

/

KeHE

Finance

Corp.,

8.63%,

10/15/2026

(a)

20,000

20,006

Korn

Ferry,

4.63%,

12/15/2027

(a)

10,000

9,453

Kronos

Acquisition

Holdings,

Inc.

/

KIK

Custom

Products,

Inc.

5.00%,

12/31/2026

(a)

26,000

24,180

7.00%,

12/31/2027

(a)

35,000

30,798

Lamb

Weston

Holdings,

Inc.

4.88%,

5/15/2028

(a)

45,000

42,692

4.13%,

1/31/2030

(a)

89,000

78,545

4.38%,

1/31/2032

(a)

120,000

105,615

Land

O'Lakes

Capital

Trust

I,

7.45%,

3/15/2028

(a)

20,000

18,876

Legacy

LifePoint

Health

LLC

6.75%,

4/15/2025

(a)

118,000

119,756

4.38%,

2/15/2027

(a)

40,000

34,510

Legends

Hospitality

Holding

Co.

LLC

/

Legends

Hospitality

Co.-Issuer,

Inc.,

5.00%,

2/01/2026

(a)

31,000

29,067

LifePoint

Health,

Inc.,

5.38%,

1/15/2029

(a)

45,000

31,860

Mallinckrodt

International

Finance

SA

/

Mallinckrodt

CB

LLC

10.00%,

4/15/2025

(a)

30,000

5,950

11.50%,

12/15/2028

(a)(d)

40,000

34,078

10.00%,

6/15/2029

(a)(d)

31,000

5,085

Matthews

International

Corp.,

5.25%,

12/01/2025

(a)

28,000

27,104

Medline

Borrower

LP

3.88%,

4/01/2029

(a)

436,000

382,045

5.25%,

10/01/2029

(a)(b)

173,000

153,613

Metis

Merger

Sub

LLC,

6.50%,

5/15/2029

(a)

60,000

50,893

ModivCare

Escrow

Issuer,

Inc.,

5.00%,

10/01/2029

(a)

56,000

40,174

ModivCare,

Inc.,

5.88%,

11/15/2025

(a)

96,000

89,230

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Non-cyclical

–

14.9%

(continued)

Molina

Healthcare,

Inc.

4.38%,

6/15/2028

(a)

103,000

94,427

3.88%,

11/15/2030

(a)

66,000

56,447

3.88%,

5/15/2032

(a)

95,000

79,328

MPH

Acquisition

Holdings

LLC

5.50%,

9/01/2028

(a)

158,000

137,723

5.75%,

11/01/2028

(a)(b)

100,000

76,574

Neptune

Bidco

US,

Inc.,

9.29%,

4/15/2029

(a)

328,000

301,720

NESCO

Holdings

II,

Inc.,

5.50%,

4/15/2029

(a)

79,000

71,956

Option

Care

Health,

Inc.,

4.38%,

10/31/2029

(a)

33,000

29,382

Organon

&

Co.

/

Organon

Foreign

Debt

Co.-

Issuer

BV

4.13%,

4/30/2028

(a)

216,000

193,593

5.13%,

4/30/2031

(a)

155,000

131,362

Oriflame

Investment

Holding

PLC,

5.13%,

5/04/2026

(a)

55,000

19,116

Owens

&

Minor,

Inc.

4.38%,

12/15/2024

20,000

19,493

4.50%,

3/31/2029

(a)(b)

44,000

37,904

6.63%,

4/01/2030

(a)(b)

82,000

75,163

P&L

Development

LLC

/

PLD

Finance

Corp.,

7.75%,

11/15/2025

(a)

29,000

25,031

Paysafe

Finance

PLC

/

Paysafe

Holdings

US

Corp.,

4.00%,

6/15/2029

(a)(b)

53,000

43,200

PECF

USS

Intermediate

Holding

III

Corp.,

8.00%,

11/15/2029

(a)

50,000

27,629

Pediatrix

Medical

Group,

Inc.,

5.38%,

2/15/2030

(a)

75,000

68,257

Performance

Food

Group,

Inc.

6.88%,

5/01/2025

(a)

55,000

55,109

5.50%,

10/15/2027

(a)

150,000

145,208

4.25%,

8/01/2029

(a)

140,000

124,154

Perrigo

Finance

Unlimited

Co.

3.90%,

12/15/2024

55,000

53,295

4.38%,

3/15/2026

85,000

80,899

4.65%,

6/15/2030

23,000

20,604

Post

Holdings,

Inc.

5.75%,

3/01/2027

(a)

75,000

73,462

5.63%,

1/15/2028

(a)

142,000

137,341

5.50%,

12/15/2029

(a)

149,000

138,346

4.63%,

4/15/2030

(a)

145,000

127,817

4.50%,

9/15/2031

(a)

151,000

128,639

PRA

Health

Sciences,

Inc.,

2.88%,

7/15/2026

(a)

41,000

37,782

Prestige

Brands,

Inc.

5.13%,

1/15/2028

(a)

41,000

39,166

3.75%,

4/01/2031

(a)

60,000

50,389

Prime

Healthcare

Services,

Inc.,

7.25%,

11/01/2025

(a)

91,000

86,716

Prime

Security

Services

Borrower

LLC

/

Prime

Finance,

Inc.

5.75%,

4/15/2026

(a)

113,000

110,811

3.38%,

8/31/2027

(a)

70,000

61,759

6.25%,

1/15/2028

(a)(b)

86,000

81,088

Primo

Water

Holdings,

Inc.,

4.38%,

4/30/2029

(a)

56,000

49,166

PROG

Holdings,

Inc.,

6.00%,

11/15/2029

(a)

50,000

45,316

Radiology

Partners,

Inc.,

9.25%,

2/01/2028

(a)

64,000

26,079

RegionalCare

Hospital

Partners

Holdings,

Inc.

/

LifePoint

Health,

Inc.,

9.75%,

12/01/2026

(a)

106,000

99,371

91

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Non-cyclical

–

14.9%

(continued)

RP

Escrow

Issuer

LLC,

5.25%,

12/15/2025

(a)

79,000

54,525

Sabre

GLBL,

Inc.

7.38%,

9/01/2025

(a)

131,000

118,216

11.25%,

12/15/2027

(a)

63,000

55,788

Safeway,

Inc.,

7.25%,

2/01/2031

15,000

15,722

SEG

Holding

LLC

/

SEG

Finance

Corp.,

5.63%,

10/15/2028

(a)

26,000

24,581

Select

Medical

Corp.,

6.25%,

8/15/2026

(a)

134,000

132,859

Service

Corp.

International

4.63%,

12/15/2027

41,000

38,908

5.13%,

6/01/2029

77,000

73,272

3.38%,

8/15/2030

65,000

54,197

4.00%,

5/15/2031

70,000

59,666

Shift4

Payments

LLC

/

Shift4

Payments

Finance

Sub,

Inc.,

4.63%,

11/01/2026

(a)

87,000

82,109

Sigma

Holdco

BV,

7.88%,

5/15/2026

(a)

40,000

34,790

Signal

Parent,

Inc.,

6.13%,

4/01/2029

(a)

25,000

15,219

Simmons

Foods,

Inc./Simmons

Prepared

Foods,

Inc./Simmons

Pet

Food,

Inc./

Simmons

Feed

Ingredients,

4.63%,

3/01/2029

(a)

75,000

62,421

Sotheby's,

7.38%,

10/15/2027

(a)

137,000

121,297

Sotheby's

/

Bidfair

Holdings

Inc.,

5.88%,

6/01/2029

(a)

20,000

15,500

Spectrum

Brands,

Inc.

5.00%,

10/01/2029

(a)

12,000

10,846

5.50%,

7/15/2030

(a)

10,000

9,159

3.88%,

3/15/2031

(a)

34,000

28,060

StoneMor,

Inc.,

8.50%,

5/15/2029

(a)

25,000

21,097

Surgery

Center

Holdings,

Inc.,

10.00%,

4/15/2027

(a)

48,000

49,248

Syneos

Health,

Inc.,

3.63%,

1/15/2029

(a)

6,000

5,956

Team

Health

Holdings,

Inc.,

6.38%,

2/01/2025

(a)

60,000

31,012

Teleflex,

Inc.

4.63%,

11/15/2027

50,000

47,207

4.25%,

6/01/2028

(a)

50,000

46,261

Tenet

Healthcare

Corp.

4.88%,

1/01/2026

149,000

144,239

6.25%,

2/01/2027

135,000

132,439

5.13%,

11/01/2027

101,000

95,919

6.13%,

10/01/2028

(b)

216,000

205,817

4.25%,

6/01/2029

26,000

23,300

4.38%,

1/15/2030

100,000

89,236

6.13%,

6/15/2030

170,000

165,297

6.75%,

5/15/2031

(a)

75,000

74,779

Toledo

Hospital

(The)

Series

B,

5.33%,

11/15/2028

90,000

73,071

4.98%,

11/15/2045

100,000

60,951

6.02%,

11/15/2048

55,000

37,826

Tower

Health,

Series

2020,

4.45%,

2/01/2050

10,000

4,612

TreeHouse

Foods,

Inc.,

4.00%,

9/01/2028

100,000

87,293

TriNet

Group,

Inc.,

3.50%,

3/01/2029

(a)

50,000

43,630

Triton

Water

Holdings,

Inc.,

6.25%,

4/01/2029

(a)

55,000

46,756

Turning

Point

Brands,

Inc.,

5.63%,

2/15/2026

(a)

25,000

23,226

United

Natural

Foods,

Inc.,

6.75%,

10/15/2028

(a)

53,000

44,192

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Consumer,

Non-cyclical

–

14.9%

(continued)

United

Rentals

North

America,

Inc.

5.50%,

5/15/2027

33,000

32,451

3.88%,

11/15/2027

82,000

76,154

4.88%,

1/15/2028

165,000

157,299

5.25%,

1/15/2030

133,000

126,680

4.00%,

7/15/2030

73,000

64,551

3.88%,

2/15/2031

(b)

93,000

80,115

3.75%,

1/15/2032

(b)

80,000

67,731

Upbound

Group,

Inc.,

6.38%,

2/15/2029

(a)

50,000

45,915

US

Acute

Care

Solutions

LLC,

6.38%,

3/01/2026

(a)

81,000

70,804

US

Foods,

Inc.

6.25%,

4/15/2025

(a)

75,000

75,151

4.75%,

2/15/2029

(a)

60,000

55,220

4.63%,

6/01/2030

(a)

45,000

40,471

US

Renal

Care,

Inc.,

10.63%,

7/15/2027

(a)

50,000

18,303

Varex

Imaging

Corp.,

7.88%,

10/15/2027

(a)

30,000

30,032

Vector

Group

Ltd.

10.50%,

11/01/2026

(a)

40,000

40,059

5.75%,

2/01/2029

(a)

111,000

96,610

Verscend

Escrow

Corp.,

9.75%,

8/15/2026

(a)

72,000

72,067

WASH

Multifamily

Acquisition,

Inc.,

5.75%,

4/15/2026

(a)

53,000

49,694

Williams

Scotsman

International,

Inc.

6.13%,

6/15/2025

(a)

44,000

43,803

4.63%,

8/15/2028

(a)

40,000

36,919

WW

International,

Inc.,

4.50%,

4/15/2029

(a)(b)

61,000

43,322

ZipRecruiter,

Inc.,

5.00%,

1/15/2030

(a)

65,000

55,506

17,053,592

Diversified

–

0.0%

Stena

International

SA,

6.13%,

2/01/2025

(a)

33,000

32,548

32,548

Energy

–

11.0%

Aethon

United

BR

LP

/

Aethon

United

Finance

Corp.,

8.25%,

2/15/2026

(a)

76,000

75,680

Alliance

Resource

Operating

Partners

LP

/

Alliance

Resource

Finance

Corp.,

7.50%,

5/01/2025

(a)

21,000

20,966

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp.

7.88%,

5/15/2026

(a)

50,000

51,098

5.75%,

3/01/2027

(a)

85,000

82,254

5.75%,

1/15/2028

(a)

63,000

60,576

5.38%,

6/15/2029

(a)

100,000

93,866

Antero

Resources

Corp.

7.63%,

2/01/2029

(a)

58,000

59,409

5.38%,

3/01/2030

(a)

74,000

68,963

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp.

6.88%,

4/01/2027

(a)

11,000

10,756

6.25%,

4/01/2028

(a)

74,000

70,260

Ascent

Resources

Utica

Holdings

LLC

/

ARU

Finance

Corp.

7.00%,

11/01/2026

(a)

54,000

52,829

8.25%,

12/31/2028

(a)

87,000

86,491

5.88%,

6/30/2029

(a)

40,000

36,099

Athabasca

Oil

Corp.,

9.75%,

11/01/2026

(a)

15,000

15,517

Baytex

Energy

Corp.

8.75%,

4/01/2027

(a)

20,000

20,523

92

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Energy

–

11.0%

(continued)

8.50%,

4/30/2030

(a)

148,000

150,013

Berry

Petroleum

Co.

LLC,

7.00%,

2/15/2026

(a)

20,000

19,058

Blue

Racer

Midstream

LLC

/

Blue

Racer

Finance

Corp.

7.63%,

12/15/2025

(a)

51,000

51,363

6.63%,

7/15/2026

(a)

20,000

19,672

Bristow

Group,

Inc.,

6.88%,

3/01/2028

(a)

11,000

10,462

Buckeye

Partners

LP

4.35%,

10/15/2024

114,000

111,269

4.13%,

3/01/2025

(a)

54,000

52,058

3.95%,

12/01/2026

51,000

46,840

4.50%,

3/01/2028

(a)

54,000

48,696

6.75%,

8/15/2033

10,000

8,976

5.85%,

11/15/2043

36,000

27,828

California

Resources

Corp.,

7.13%,

2/01/2026

(a)

28,000

28,220

Callon

Petroleum

Co.

6.38%,

7/01/2026

(b)

25,000

24,532

8.00%,

8/01/2028

(a)

59,000

59,943

7.50%,

6/15/2030

(a)(b)

50,000

48,528

Calumet

Specialty

Products

Partners

LP

/

Calumet

Finance

Corp.

11.00%,

4/15/2025

(a)

17,000

17,523

8.13%,

1/15/2027

(a)

10,400

9,995

9.75%,

7/15/2028

(a)

117,000

117,054

CGG

SA,

8.75%,

4/01/2027

(a)

32,000

26,972

Chesapeake

Energy

Corp.

5.50%,

2/01/2026

(a)

60,000

58,927

5.88%,

2/01/2029

(a)

54,000

51,640

6.75%,

4/15/2029

(a)

130,000

129,339

Chord

Energy

Corp.,

6.38%,

6/01/2026

(a)

50,000

49,733

Civitas

Resources,

Inc.

5.00%,

10/15/2026

(a)

55,000

51,891

8.38%,

7/01/2028

(a)

120,000

123,448

8.75%,

7/01/2031

(a)

78,000

80,727

CNX

Midstream

Partners

LP,

4.75%,

4/15/2030

(a)

15,000

13,031

CNX

Resources

Corp.

7.25%,

3/14/2027

(a)

20,000

19,979

6.00%,

1/15/2029

(a)

91,000

85,131

7.38%,

1/15/2031

(a)(b)

17,000

16,862

Comstock

Resources,

Inc.

6.75%,

3/01/2029

(a)

90,000

83,980

5.88%,

1/15/2030

(a)

11,000

9,738

Conuma

Resources

Ltd.,

13.13%,

5/01/2028

(a)

20,000

18,906

CQP

Holdco

LP

/

BIP-V

Chinook

Holdco

LLC,

5.50%,

6/15/2031

(a)

98,000

89,210

Crescent

Energy

Finance

LLC

7.25%,

5/01/2026

(a)

60,000

59,090

9.25%,

2/15/2028

(a)

88,000

89,522

Crestwood

Midstream

Partners

LP

/

Crestwood

Midstream

Finance

Corp.

5.75%,

4/01/2025

45,000

44,465

5.63%,

5/01/2027

(a)

52,000

49,552

6.00%,

2/01/2029

(a)

66,000

62,490

8.00%,

4/01/2029

(a)

51,000

51,926

7.38%,

2/01/2031

(a)

81,000

80,974

CrownRock

LP

/

CrownRock

Finance,

Inc.

5.63%,

10/15/2025

(a)

70,000

69,105

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Energy

–

11.0%

(continued)

5.00%,

5/01/2029

(a)

29,000

27,285

CSI

Compressco

LP

/

CSI

Compressco

Finance,

Inc.,

7.50%,

4/01/2025

(a)

30,000

29,344

CVR

Energy,

Inc.

5.25%,

2/15/2025

(a)

40,000

39,009

5.75%,

2/15/2028

(a)

35,000

31,931

Delek

Logistics

Partners

LP

/

Delek

Logistics

Finance

Corp.

6.75%,

5/15/2025

28,000

27,473

7.13%,

6/01/2028

(a)

63,000

58,508

DT

Midstream,

Inc.

4.13%,

6/15/2029

(a)

65,000

57,640

4.38%,

6/15/2031

(a)

99,000

86,119

Earthstone

Energy

Holdings

LLC

8.00%,

4/15/2027

(a)

45,000

44,740

9.88%,

7/15/2031

(a)

114,000

117,890

Encino

Acquisition

Partners

Holdings

LLC,

8.50%,

5/01/2028

(a)

59,000

54,201

Endeavor

Energy

Resources

LP

/

EER

Finance,

Inc.,

5.75%,

1/30/2028

(a)

80,000

78,009

Enerflex

Ltd.,

9.00%,

10/15/2027

(a)

67,000

67,350

Energy

Ventures

Gom

LLC

/

Enven

Finance

Corp.,

11.75%,

4/15/2026

(a)

50,000

51,722

EnLink

Midstream

LLC

5.63%,

1/15/2028

(a)

55,000

53,785

5.38%,

6/01/2029

12,000

11,406

6.50%,

9/01/2030

(a)

49,000

49,335

EnLink

Midstream

Partners

LP

4.15%,

6/01/2025

33,000

31,771

4.85%,

7/15/2026

50,000

48,572

5.60%,

4/01/2044

30,000

24,812

5.05%,

4/01/2045

20,000

15,803

5.45%,

6/01/2047

55,000

45,266

EnQuest

PLC,

11.63%,

11/01/2027

(a)

25,000

23,619

Enviva

Partners

LP

/

Enviva

Partners

Finance

Corp.,

6.50%,

1/15/2026

(a)

65,000

55,151

EQM

Midstream

Partners

LP

6.00%,

7/01/2025

(a)

24,000

23,839

4.13%,

12/01/2026

49,000

46,053

7.50%,

6/01/2027

(a)

95,000

96,475

6.50%,

7/01/2027

(a)

65,000

64,678

5.50%,

7/15/2028

52,000

50,116

4.50%,

1/15/2029

(a)

11,000

10,048

7.50%,

6/01/2030

(a)

51,000

52,579

4.75%,

1/15/2031

(a)

56,000

49,957

6.50%,

7/15/2048

72,000

65,740

FTAI

Infra

Escrow

Holdings

LLC,

10.50%,

6/01/2027

(a)

35,000

35,201

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp.

6.50%,

10/01/2025

38,000

37,660

6.25%,

5/15/2026

30,000

28,767

8.00%,

1/15/2027

61,000

59,998

7.75%,

2/01/2028

61,000

59,096

8.88%,

4/15/2030

62,000

61,874

Global

Marine,

Inc.,

7.00%,

6/01/2028

25,000

21,743

Global

Partners

LP

/

GLP

Finance

Corp.

7.00%,

8/01/2027

16,000

15,661

6.88%,

1/15/2029

30,000

28,114

93

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Energy

–

11.0%

(continued)

Gulfport

Energy

Corp.,

8.00%,

5/17/2026

65,000

65,835

Harbour

Energy

PLC,

5.50%,

10/15/2026

(a)

40,000

37,278

Harvest

Midstream

I

LP,

7.50%,

9/01/2028

(a)

90,000

88,774

Hess

Midstream

Operations

LP

5.63%,

2/15/2026

(a)

87,000

85,647

5.13%,

6/15/2028

(a)

76,000

72,022

4.25%,

2/15/2030

(a)

24,000

21,095

HighPeak

Energy,

Inc.,

10.63%,

11/15/2024

(a)

15,000

15,362

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co.

6.25%,

11/01/2028

(a)

51,000

48,819

5.75%,

2/01/2029

(a)

50,000

46,301

6.00%,

4/15/2030

(a)

40,000

36,919

6.00%,

2/01/2031

(a)

31,000

28,235

6.25%,

4/15/2032

(a)

52,000

47,358

Holly

Energy

Partners

LP

/

Holly

Energy

Finance

Corp.

6.38%,

4/15/2027

(a)

35,000

34,824

5.00%,

2/01/2028

(a)

20,000

18,770

Howard

Midstream

Energy

Partners

LLC,

6.75%,

1/15/2027

(a)

35,000

33,879

Ithaca

Energy

North

Sea

PLC,

9.00%,

7/15/2026

(a)

45,000

42,989

ITT

Holdings

LLC,

6.50%,

8/01/2029

(a)

76,000

65,453

KCA

Deutag

UK

Finance

PLC,

9.88%,

12/01/2025

(a)

56,000

55,604

Kinetik

Holdings

LP,

5.88%,

6/15/2030

(a)

116,000

111,472

KLX

Energy

Services

Holdings,

Inc.,

11.50%,

11/01/2025

(a)

15,000

14,396

Magnolia

Oil

&

Gas

Operating

LLC

/

Magnolia

Oil

&

Gas

Finance

Corp.,

6.00%,

8/01/2026

(a)

27,000

26,437

Martin

Midstream

Partners

LP

/

Martin

Midstream

Finance

Corp.,

11.50%,

2/15/2028

(a)

25,000

24,684

Matador

Resources

Co.,

5.88%,

9/15/2026

97,000

94,393

MEG

Energy

Corp.

7.13%,

2/01/2027

(a)

81,000

82,120

5.88%,

2/01/2029

(a)

114,000

109,224

Moss

Creek

Resources

Holdings,

Inc.

7.50%,

1/15/2026

(a)

85,000

79,448

10.50%,

5/15/2027

(a)

40,000

38,977

Murphy

Oil

Corp.

5.75%,

8/15/2025

74,000

73,249

5.88%,

12/01/2027

52,000

51,391

6.38%,

7/15/2028

11,000

10,942

7.05%,

5/01/2029

25,000

25,455

5.88%,

12/01/2042

35,000

30,045

Nabors

Industries

Ltd.

7.25%,

1/15/2026

(a)

44,000

42,334

7.50%,

1/15/2028

(a)

78,000

71,573

Nabors

Industries,

Inc.

5.75%,

2/01/2025

41,000

40,180

7.38%,

5/15/2027

(a)

80,000

78,193

Neptune

Energy

Bondco

PLC,

6.63%,

5/15/2025

(a)

97,000

96,593

New

Fortress

Energy,

Inc.

6.75%,

9/15/2025

(a)

120,000

114,193

6.50%,

9/30/2026

(a)

146,000

133,966

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Energy

–

11.0%

(continued)

NGL

Energy

Operating

LLC

/

NGL

Energy

Finance

Corp.,

7.50%,

2/01/2026

(a)

219,000

216,956

NGL

Energy

Partners

LP

/

NGL

Energy

Finance

Corp.

6.13%,

3/01/2025

30,000

29,382

7.50%,

4/15/2026

25,000

23,691

Nine

Energy

Service,

Inc.,

13.00%,

2/01/2028

20,000

17,546

Noble

Finance

II

LLC,

8.00%,

4/15/2030

(a)

55,000

56,652

Northern

Oil

&

Gas,

Inc.,

8.13%,

3/01/2028

(a)

90,000

89,829

Northriver

Midstream

Finance

LP,

5.63%,

2/15/2026

(a)

50,000

47,744

NuStar

Logistics

LP

6.00%,

6/01/2026

55,000

54,261

5.63%,

4/28/2027

50,000

48,561

6.38%,

10/01/2030

40,000

38,585

Oceaneering

International,

Inc.

4.65%,

11/15/2024

25,000

24,384

6.00%,

2/01/2028

15,000

14,230

Parkland

Corp.

5.88%,

7/15/2027

(a)

31,000

30,130

4.50%,

10/01/2029

(a)

95,000

83,966

4.63%,

5/01/2030

(a)

99,000

87,105

Patterson-UTI

Energy,

Inc.

3.95%,

2/01/2028

25,000

22,954

5.15%,

11/15/2029

16,000

14,836

PBF

Holding

Co.

LLC

/

PBF

Finance

Corp.

7.25%,

6/15/2025

127,000

126,938

6.00%,

2/15/2028

69,000

64,983

PDC

Energy,

Inc.,

5.75%,

5/15/2026

66,000

66,440

Permian

Resources

Operating

LLC

5.38%,

1/15/2026

(a)

25,000

24,034

7.75%,

2/15/2026

(a)

17,000

17,192

6.88%,

4/01/2027

(a)

30,000

29,797

5.88%,

7/01/2029

(a)

50,000

47,682

Petrofac

Ltd.,

9.75%,

11/15/2026

(a)

59,000

46,180

Precision

Drilling

Corp.

7.13%,

1/15/2026

(a)

30,000

29,739

6.88%,

1/15/2029

(a)

37,000

34,871

Range

Resources

Corp.

4.88%,

5/15/2025

55,000

53,950

8.25%,

1/15/2029

35,000

36,420

4.75%,

2/15/2030

(a)

22,000

20,242

Rockcliff

Energy

II

LLC,

5.50%,

10/15/2029

(a)

113,000

103,829

Rockies

Express

Pipeline

LLC

3.60%,

5/15/2025

(a)

162,000

154,357

4.95%,

7/15/2029

(a)

50,000

45,909

4.80%,

5/15/2030

(a)

30,000

26,672

7.50%,

7/15/2038

(a)

20,000

18,449

6.88%,

4/15/2040

(a)

35,000

32,001

SM

Energy

Co.

5.63%,

6/01/2025

36,000

35,351

6.75%,

9/15/2026

44,000

43,287

6.63%,

1/15/2027

40,000

39,561

6.50%,

7/15/2028

11,000

10,754

Southeast

Supply

Header

LLC,

4.25%,

6/15/2024

(a)

40,000

37,766

Southwestern

Energy

Co.

5.70%,

1/23/2025

22,000

21,866

94

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Energy

–

11.0%

(continued)

8.38%,

9/15/2028

15,000

15,612

5.38%,

2/01/2029

55,000

51,962

5.38%,

3/15/2030

97,000

90,744

4.75%,

2/01/2032

80,000

71,132

Strathcona

Resources

Ltd.,

6.88%,

8/01/2026

(a)

40,000

35,157

Summit

Midstream

Holdings

LLC

/

Summit

Midstream

Finance

Corp.

5.75%,

4/15/2025

20,000

18,174

9.00%,

10/15/2026

(a)(f)

93,000

91,548

SunCoke

Energy,

Inc.,

4.88%,

6/30/2029

(a)

40,000

34,630

Sunnova

Energy

Corp.,

5.88%,

9/01/2026

(a)(b)

55,000

49,666

Sunoco

LP

/

Sunoco

Finance

Corp.

6.00%,

4/15/2027

86,000

85,198

5.88%,

3/15/2028

54,000

52,552

4.50%,

5/15/2029

144,000

129,503

4.50%,

4/30/2030

75,000

66,648

Tallgrass

Energy

Partners

LP

/

Tallgrass

Energy

Finance

Corp.

7.50%,

10/01/2025

(a)

47,000

47,179

6.00%,

3/01/2027

(a)

35,000

33,281

5.50%,

1/15/2028

(a)

80,000

73,792

6.00%,

12/31/2030

(a)

68,000

60,562

6.00%,

9/01/2031

(a)

33,000

28,894

Talos

Production,

Inc.,

12.00%,

1/15/2026

71,000

74,291

Tap

Rock

Resources

LLC,

7.00%,

10/01/2026

(a)

25,000

25,919

TechnipFMC

PLC,

6.50%,

2/01/2026

(a)

20,000

19,776

Teine

Energy

Ltd.,

6.88%,

4/15/2029

(a)

35,000

32,355

TerraForm

Power

Operating

LLC

5.00%,

1/31/2028

(a)

70,000

65,036

4.75%,

1/15/2030

(a)

61,000

53,986

Topaz

Solar

Farms

LLC

4.88%,

9/30/2039

(a)

14,597

13,530

5.75%,

9/30/2039

(a)

69,831

67,457

TransMontaigne

Partners

LP

/

TLP

Finance

Corp.,

6.13%,

2/15/2026

21,000

18,359

Transocean

Poseidon

Ltd.,

6.88%,

2/01/2027

(a)

11,250

11,227

Transocean

Titan

Financing

Ltd.,

8.38%,

2/01/2028

(a)

30,000

31,108

Transocean,

Inc.

7.25%,

11/01/2025

(a)

30,000

29,586

7.50%,

1/15/2026

(a)

39,000

38,327

11.50%,

1/30/2027

(a)

64,000

67,151

8.00%,

2/01/2027

(a)

58,000

55,940

8.75%,

2/15/2030

(a)

35,000

36,326

7.50%,

4/15/2031

87,000

76,304

6.80%,

3/15/2038

55,000

43,940

USA

Compression

Partners

LP

/

USA

Compression

Finance

Corp.

6.88%,

4/01/2026

73,000

72,312

6.88%,

9/01/2027

39,000

37,640

Valaris

Ltd.,

8.38%,

4/30/2030

(a)

63,000

64,439

Venture

Global

Calcasieu

Pass

LLC

3.88%,

8/15/2029

(a)

188,000

162,936

6.25%,

1/15/2030

(a)

90,000

88,037

4.13%,

8/15/2031

(a)

114,000

96,720

3.88%,

11/01/2033

(a)

138,000

111,852

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Energy

–

11.0%

(continued)

Venture

Global

LNG,

Inc.

8.13%,

6/01/2028

(a)

114,000

115,894

8.38%,

6/01/2031

(a)

209,000

212,120

Vermilion

Energy,

Inc.

5.63%,

3/15/2025

(a)

25,000

24,581

6.88%,

5/01/2030

(a)

10,000

9,317

Viper

Energy

Partners

LP,

5.38%,

11/01/2027

(a)

45,000

43,442

Vital

Energy,

Inc.

9.50%,

1/15/2025

(b)

90,000

89,871

10.13%,

1/15/2028

15,000

14,989

7.75%,

7/31/2029

(a)

40,000

34,295

W&T

Offshore,

Inc.,

11.75%,

2/01/2026

(a)

25,000

25,624

Warrior

Met

Coal,

Inc.,

7.88%,

12/01/2028

(a)

40,000

40,450

Weatherford

International

Ltd.

6.50%,

9/15/2028

(a)

35,000

35,086

8.63%,

4/30/2030

(a)

224,000

229,504

Welltec

International

ApS,

8.25%,

10/15/2026

(a)

10,000

10,170

12,591,937

Financial

–

10.1%

Acrisure

LLC

/

Acrisure

Finance,

Inc.

7.00%,

11/15/2025

(a)

135,000

130,543

10.13%,

8/01/2026

(a)

36,000

37,119

4.25%,

2/15/2029

(a)

95,000

81,786

6.00%,

8/01/2029

(a)

38,000

32,518

Advisor

Group

Holdings,

Inc.,

10.75%,

8/01/2027

(a)

26,000

26,645

AG

Issuer

LLC,

6.25%,

3/01/2028

(a)

57,000

55,034

AG

TTMT

Escrow

Issuer

LLC,

8.63%,

9/30/2027

(a)

60,000

61,882

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co.-Issuer

4.25%,

10/15/2027

(a)

81,000

74,037

6.75%,

10/15/2027

(a)

122,000

116,028

6.75%,

4/15/2028

(a)

155,000

154,187

5.88%,

11/01/2029

(a)

26,000

23,059

Ally

Financial,

Inc.

5.75%,

11/20/2025

(b)

72,000

69,827

6.70%,

2/14/2033

66,000

61,333

AmWINS

Group,

Inc.,

4.88%,

6/30/2029

(a)

68,000

62,269

Apollo

Commercial

Real

Estate

Finance,

Inc.,

4.63%,

6/15/2029

(a)

39,000

31,246

Aretec

Escrow

Issuer,

Inc.,

7.50%,

4/01/2029

(a)

25,000

22,506

Armor

Holdco,

Inc.,

8.50%,

11/15/2029

(a)

30,000

25,696

ASG

Finance

Designated

Activity

Co.,

7.88%,

12/03/2024

(a)

101,000

98,238

Assurant,

Inc.,

7.00%,

3/27/2048

30,000

29,254

AssuredPartners,

Inc.

7.00%,

8/15/2025

(a)

104,000

102,820

5.63%,

1/15/2029

(a)

57,000

49,640

Avation

Capital

SA,

8.25%,

10/31/2026

(a)(c)

35,876

31,370

Blackstone

Mortgage

Trust,

Inc.,

3.75%,

1/15/2027

(a)

11,000

9,468

Brightsphere

Investment

Group,

Inc.,

4.80%,

7/27/2026

24,000

22,944

Broadstreet

Partners,

Inc.,

5.88%,

4/15/2029

(a)

61,000

54,394

95

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Financial

–

10.1%

(continued)

Brookfield

Property

REIT,

Inc.

/

BPR

Cumulus

LLC

/

BPR

Nimbus

LLC

/

GGSI

Sellco

LLC

5.75%,

5/15/2026

(a)

90,000

84,395

4.50%,

4/01/2027

(a)

95,000

82,116

Burford

Capital

Global

Finance

LLC

6.25%,

4/15/2028

(a)

35,000

32,421

6.88%,

4/15/2030

(a)

45,000

41,131

9.25%,

7/01/2031

(a)

34,000

34,384

Castlelake

Aviation

Finance

DAC,

5.00%,

4/15/2027

(a)

37,000

34,136

Coinbase

Global,

Inc.

3.38%,

10/01/2028

(a)

90,000

63,030

3.63%,

10/01/2031

(a)

80,000

50,368

Compass

Group

Diversified

Holdings

LLC

5.25%,

4/15/2029

(a)

100,000

91,021

5.00%,

1/15/2032

(a)

29,000

23,928

Credit

Acceptance

Corp.

5.13%,

12/31/2024

(a)

33,000

32,344

6.63%,

3/15/2026

(b)

63,000

61,730

CTR

Partnership

LP

/

CareTrust

Capital

Corp.,

3.88%,

6/30/2028

(a)

35,000

31,123

Curo

Group

Holdings

Corp.

7.50%,

8/01/2028

(a)

90,000

22,093

7.50%,

8/01/2028

(a)

60,000

22,978

Cushman

&

Wakefield

US

Borrower

LLC,

6.75%,

5/15/2028

(a)

83,000

76,178

Diversified

Healthcare

Trust

9.75%,

6/15/2025

40,000

39,581

4.75%,

2/15/2028

45,000

32,972

4.38%,

3/01/2031

40,000

29,168

Dresdner

Funding

Trust

I,

8.15%,

6/30/2031

(a)

65,000

69,504

Enova

International,

Inc.

8.50%,

9/01/2024

(a)

60,000

59,607

8.50%,

9/15/2025

(a)

33,000

32,540

Finance

of

America

Funding

LLC,

7.88%,

11/15/2025

(a)

33,000

27,755

Five

Point

Operating

Co.

LP

/

Five

Point

Capital

Corp.,

7.88%,

11/15/2025

(a)

52,000

49,527

Freedom

Mortgage

Corp.

8.13%,

11/15/2024

(a)

25,000

24,883

8.25%,

4/15/2025

(a)

40,000

39,532

Genworth

Holdings,

Inc.,

6.50%,

6/15/2034

30,000

26,235

Global

Aircraft

Leasing

Co.

Ltd.,

6.50%,

9/15/2024

(a)(c)

152,910

144,119

Global

Atlantic

Finance

Co.,

4.70%,

10/15/2051

(a)

75,000

54,049

Global

NET

Lease,

Inc.

/

Global

NET

Lease

Operating

Partnership

LP,

3.75%,

12/15/2027

(a)

40,000

31,936

goeasy

Ltd.

5.38%,

12/01/2024

(a)

43,000

41,919

4.38%,

5/01/2026

(a)

25,000

22,890

Greystar

Real

Estate

Partners

LLC,

5.75%,

12/01/2025

(a)

40,000

39,416

GTCR

AP

Finance,

Inc.,

8.00%,

5/15/2027

(a)

35,000

34,668

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

6.00%,

4/15/2025

(a)

21,000

20,683

3.38%,

6/15/2026

(a)

84,000

75,818

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Financial

–

10.1%

(continued)

3.75%,

9/15/2030

(a)

45,000

35,990

Hightower

Holding

LLC,

6.75%,

4/15/2029

(a)

19,000

16,750

Home

Point

Capital,

Inc.,

5.00%,

2/01/2026

(a)

44,000

41,079

Howard

Hughes

Corp.

(The)

5.38%,

8/01/2028

(a)

37,000

33,950

4.13%,

2/01/2029

(a)

60,000

50,770

4.38%,

2/01/2031

(a)

59,000

48,691

HUB

International

Ltd.

7.00%,

5/01/2026

(a)

129,000

128,738

5.63%,

12/01/2029

(a)

94,000

83,847

Hunt

Cos.,

Inc.,

5.25%,

4/15/2029

(a)

45,000

35,921

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp.

4.75%,

9/15/2024

125,000

120,911

6.38%,

12/15/2025

14,000

13,449

6.25%,

5/15/2026

115,000

107,924

5.25%,

5/15/2027

150,000

132,298

4.38%,

2/01/2029

(b)

85,000

68,918

Intesa

Sanpaolo

SpA

5.71%,

1/15/2026

(a)

39,000

37,647

4.20%,

6/01/2032

(a)

131,000

100,760

4.95%,

6/01/2042

(a)

69,000

46,483

Iron

Mountain

Information

Management

Services,

Inc.,

5.00%,

7/15/2032

(a)

80,000

69,282

Iron

Mountain,

Inc.

4.88%,

9/15/2027

(a)

101,000

94,654

5.25%,

3/15/2028

(a)

80,000

75,128

5.00%,

7/15/2028

(a)

76,000

70,345

4.88%,

9/15/2029

(a)

130,000

117,325

5.25%,

7/15/2030

(a)

155,000

140,296

4.50%,

2/15/2031

(a)

155,000

133,482

5.63%,

7/15/2032

(a)

63,000

56,791

Jane

Street

Group

/

JSG

Finance,

Inc.,

4.50%,

11/15/2029

(a)

55,000

48,314

Jefferies

Finance

LLC

/

JFIN

Co.-Issuer

Corp.,

5.00%,

8/15/2028

(a)

89,000

75,980

Jefferson

Capital

Holdings

LLC,

6.00%,

8/15/2026

(a)

18,000

15,230

Jones

Deslauriers

Insurance

Management,

Inc.,

10.50%,

12/15/2030

(a)

15,000

14,920

Kennedy-Wilson,

Inc.

4.75%,

3/01/2029

48,000

39,154

4.75%,

2/01/2030

50,000

39,012

5.00%,

3/01/2031

51,000

39,537

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp.

5.25%,

10/01/2025

(a)

25,000

23,942

4.25%,

2/01/2027

(a)

55,000

49,509

4.75%,

6/15/2029

(a)

55,000

46,348

LD

Holdings

Group

LLC

6.50%,

11/01/2025

(a)

45,000

37,386

6.13%,

4/01/2028

(a)

44,000

28,850

LFS

Topco

LLC,

5.88%,

10/15/2026

(a)

20,000

17,844

Liberty

Mutual

Group,

Inc.

7.80%,

3/15/2037

(a)

25,000

25,874

4.13%,

12/15/2051

(a)

40,000

32,115

4.30%,

2/01/2061

(a)

66,000

41,358

Macquarie

Airfinance

Holdings

Ltd.,

8.38%,

5/01/2028

(a)

90,000

91,568

96

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Financial

–

10.1%

(continued)

MGIC

Investment

Corp.,

5.25%,

8/15/2028

83,000

78,970

Midcap

Financial

Issuer

Trust

6.50%,

5/01/2028

(a)

90,000

79,465

5.63%,

1/15/2030

(a)

30,000

24,008

MPT

Operating

Partnership

LP

/

MPT

Finance

Corp.

5.00%,

10/15/2027

161,000

141,193

4.63%,

8/01/2029

80,000

63,753

3.50%,

3/15/2031

112,000

80,658

Nationstar

Mortgage

Holdings,

Inc.

6.00%,

1/15/2027

(a)

60,000

57,370

5.50%,

8/15/2028

(a)

75,000

67,994

5.13%,

12/15/2030

(a)

72,000

60,936

5.75%,

11/15/2031

(a)

66,000

56,149

Navient

Corp.

5.88%,

10/25/2024

33,000

32,694

6.75%,

6/25/2025

33,000

32,640

6.75%,

6/15/2026

74,000

72,161

5.00%,

3/15/2027

89,000

80,548

4.88%,

3/15/2028

78,000

68,160

5.50%,

3/15/2029

70,000

60,318

5.63%,

8/01/2033

96,000

73,533

Necessity

Retail

REIT,

Inc.

(The)

/

American

Finance

Operating

Partner

LP,

4.50%,

9/30/2028

(a)

55,000

42,996

NFP

Corp.

4.88%,

8/15/2028

(a)

173,000

156,547

6.88%,

8/15/2028

(a)

145,000

128,496

7.50%,

10/01/2030

(a)

11,000

10,793

NMI

Holdings,

Inc.,

7.38%,

6/01/2025

(a)

60,000

60,907

Office

Properties

Income

Trust

4.50%,

2/01/2025

140,000

123,453

2.65%,

6/15/2026

35,000

25,988

2.40%,

2/01/2027

50,000

33,844

3.45%,

10/15/2031

60,000

31,644

Ohio

National

Financial

Services,

Inc.

6.80%,

1/24/2030

(a)

148,000

137,692

6.63%,

5/01/2031

(a)

20,000

18,195

OneMain

Finance

Corp.

6.88%,

3/15/2025

115,000

114,547

7.13%,

3/15/2026

145,000

143,593

3.50%,

1/15/2027

114,000

98,819

6.63%,

1/15/2028

79,000

74,983

3.88%,

9/15/2028

65,000

53,503

9.00%,

1/15/2029

57,000

57,917

5.38%,

11/15/2029

69,000

59,699

4.00%,

9/15/2030

80,000

62,938

Oxford

Finance

LLC

/

Oxford

Finance

Co.-

Issuer

II,

Inc.,

6.38%,

2/01/2027

(a)

25,000

23,485

Pacific

Western

Bank,

3.25%,

5/01/2031

35,000

29,427

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co.-Issuer

7.50%,

6/01/2025

(a)

61,000

61,360

5.88%,

10/01/2028

(a)

98,000

90,686

4.88%,

5/15/2029

(a)

64,000

55,902

PennyMac

Financial

Services,

Inc.

5.38%,

10/15/2025

(a)

51,000

48,744

4.25%,

2/15/2029

(a)

60,000

49,569

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Financial

–

10.1%

(continued)

5.75%,

9/15/2031

(a)

45,000

38,077

PHH

Mortgage

Corp.,

7.88%,

3/15/2026

(a)

30,000

27,154

PRA

Group,

Inc.

7.38%,

9/01/2025

(a)

45,000

43,330

8.38%,

2/01/2028

(a)

91,000

83,414

5.00%,

10/01/2029

(a)

45,000

34,335

Provident

Financing

Trust

I,

7.41%,

3/15/2038

5,000

5,013

Provident

Funding

Associates

LP

/

PFG

Finance

Corp.,

6.38%,

6/15/2025

(a)

28,000

24,801

Realogy

Group

LLC

/

Realogy

Co.-Issuer

Corp.

5.75%,

1/15/2029

(a)

94,000

69,525

5.25%,

4/15/2030

(a)

136,000

98,090

RHP

Hotel

Properties

LP

/

RHP

Finance

Corp.

7.25%,

7/15/2028

(a)

52,000

52,928

4.50%,

2/15/2029

(a)

51,000

45,424

Rithm

Capital

Corp.,

6.25%,

10/15/2025

(a)

45,000

42,797

RLJ

Lodging

Trust

LP

3.75%,

7/01/2026

(a)

35,000

32,378

4.00%,

9/15/2029

(a)

25,000

20,947

Rocket

Mortgage

LLC

/

Rocket

Mortgage

Co.-

Issuer,

Inc.

2.88%,

10/15/2026

(a)

75,000

66,827

3.63%,

3/01/2029

(a)

77,000

65,566

3.88%,

3/01/2031

(a)

115,000

94,661

4.00%,

10/15/2033

(a)

115,000

91,770

Ryan

Specialty

LLC,

4.38%,

2/01/2030

(a)

35,000

31,031

Sagicor

Financial

Co.

Ltd.,

5.30%,

5/13/2028

(a)

46,000

43,791

SBA

Communications

Corp.

3.88%,

2/15/2027

114,000

105,006

3.13%,

2/01/2029

115,000

96,960

Service

Properties

Trust

4.35%,

10/01/2024

77,000

73,958

4.50%,

3/15/2025

56,000

52,809

7.50%,

9/15/2025

100,000

98,864

5.25%,

2/15/2026

30,000

27,389

4.75%,

10/01/2026

40,000

34,973

4.95%,

2/15/2027

27,000

23,145

5.50%,

12/15/2027

47,000

41,254

4.95%,

10/01/2029

100,000

77,087

4.38%,

2/15/2030

30,000

22,367

SLM

Corp.

4.20%,

10/29/2025

40,000

37,786

3.13%,

11/02/2026

11,000

9,675

Starwood

Property

Trust,

Inc.

3.75%,

12/31/2024

(a)

30,000

28,728

4.75%,

3/15/2025

29,000

28,097

3.63%,

7/15/2026

(a)

11,000

9,752

4.38%,

1/15/2027

(a)

42,000

37,275

Stonex

Group,

Inc.,

8.63%,

6/15/2025

(a)

30,000

30,389

Synchrony

Financial,

7.25%,

2/02/2033

92,000

86,053

Texas

Capital

Bancshares,

Inc.,

4.00%,

5/06/2031

50,000

40,539

UniCredit

SpA

5.86%,

6/19/2032

(a)

67,000

61,765

7.30%,

4/02/2034

(a)

117,000

113,549

5.46%,

6/30/2035

(a)

160,000

139,412

97

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Financial

–

10.1%

(continued)

United

Wholesale

Mortgage

LLC

5.50%,

11/15/2025

(a)

78,000

75,006

5.75%,

6/15/2027

(a)

52,000

48,643

5.50%,

4/15/2029

(a)

61,000

53,632

Uniti

Group

LP

/

Uniti

Fiber

Holdings,

Inc.

/

CSL

Capital

LLC,

6.00%,

1/15/2030

(a)

51,000

33,738

Uniti

Group

LP

/

Uniti

Group

Finance,

Inc.

/

CSL

Capital

LLC

10.50%,

2/15/2028

(a)

160,000

159,034

4.75%,

4/15/2028

(a)

31,000

25,841

6.50%,

2/15/2029

(a)

56,000

38,962

USI,

Inc.,

6.88%,

5/01/2025

(a)

50,000

49,927

Western

Alliance

Bancorp,

3.00%,

6/15/2031

(b)

44,000

36,232

Western

Alliance

Bank,

5.25%,

6/01/2030

25,000

22,556

Wilton

RE

Ltd.,

6.00%

(a)(e)

15,000

13,427

World

Acceptance

Corp.,

7.00%,

11/01/2026

(a)

30,000

26,467

XHR

LP

6.38%,

8/15/2025

(a)

40,000

39,425

4.88%,

6/01/2029

(a)

44,000

38,335

11,548,584

Industrial

–

11.6%

Advanced

Drainage

Systems,

Inc.

5.00%,

9/30/2027

(a)

38,000

36,383

6.38%,

6/15/2030

(a)(b)

74,000

73,610

AECOM,

5.13%,

3/15/2027

84,000

81,075

AerCap

Global

Aviation

Trust,

6.50%,

6/15/2045

(a)

9,000

8,819

Amsted

Industries,

Inc.

5.63%,

7/01/2027

(a)

40,000

38,891

4.63%,

5/15/2030

(a)

35,000

31,172

Arcosa,

Inc.,

4.38%,

4/15/2029

(a)

35,000

31,613

ARD

Finance

SA,

6.50%,

6/30/2027

(a)(c)

84,000

68,303

Ardagh

Metal

Packaging

Finance

USA

LLC

/

Ardagh

Metal

Packaging

Finance

PLC

6.00%,

6/15/2027

(a)

56,000

55,208

3.25%,

9/01/2028

(a)

70,000

60,564

4.00%,

9/01/2029

(a)(b)

106,000

86,700

Ardagh

Packaging

Finance

PLC

/

Ardagh

Holdings

USA,

Inc.

5.25%,

4/30/2025

(a)

127,000

124,705

4.13%,

8/15/2026

(a)

110,000

103,064

5.25%,

8/15/2027

(a)

70,000

60,034

5.25%,

8/15/2027

(a)(b)

65,000

56,057

Artera

Services

LLC,

9.03%,

12/04/2025

(a)

95,000

90,206

Atkore,

Inc.,

4.25%,

6/01/2031

(a)

35,000

30,474

ATS

Corp.,

4.13%,

12/15/2028

(a)

20,000

17,954

Ball

Corp.

5.25%,

7/01/2025

115,000

113,991

4.88%,

3/15/2026

98,000

95,784

6.88%,

3/15/2028

64,000

65,433

6.00%,

6/15/2029

43,000

43,000

2.88%,

8/15/2030

125,000

103,133

3.13%,

9/15/2031

140,000

115,204

Berry

Global,

Inc.

4.50%,

2/15/2026

(a)

5,000

4,778

5.63%,

7/15/2027

(a)(b)

87,000

85,332

Boise

Cascade

Co.,

4.88%,

7/01/2030

(a)

10,000

9,158

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Industrial

–

11.6%

(continued)

Bombardier,

Inc.

7.13%,

6/15/2026

(a)

105,000

104,156

7.88%,

4/15/2027

(a)

163,000

162,624

6.00%,

2/15/2028

(a)(b)

44,000

41,387

7.50%,

2/01/2029

(a)

58,000

57,402

7.45%,

5/01/2034

(a)

15,000

17,217

Brand

Industrial

Services,

Inc.,

10.38%,

8/01/2030

(a)

41,000

41,837

Brundage-Bone

Concrete

Pumping

Holdings,

Inc.,

6.00%,

2/01/2026

(a)

42,000

40,313

Builders

FirstSource,

Inc.

5.00%,

3/01/2030

(a)

40,000

37,422

4.25%,

2/01/2032

(a)

125,000

108,529

6.38%,

6/15/2032

(a)

45,000

44,854

BWX

Technologies,

Inc.

4.13%,

6/30/2028

(a)

82,000

75,132

4.13%,

4/15/2029

(a)

11,000

9,969

Camelot

Return

Merger

Sub,

Inc.,

8.75%,

8/01/2028

(a)

76,000

74,343

Cargo

Aircraft

Management,

Inc.,

4.75%,

2/01/2028

(a)

53,000

47,200

Carriage

Purchaser,

Inc.,

7.88%,

10/15/2029

(a)

25,000

19,678

Cascades,

Inc.

/

Cascades

USA,

Inc.

5.13%,

1/15/2026

(a)

20,000

19,259

5.38%,

1/15/2028

(a)

35,000

33,042

Cellnex

Finance

Co.

SA,

3.88%,

7/07/2041

(a)

55,000

39,989

Chart

Industries,

Inc.

7.50%,

1/01/2030

(a)

186,000

190,832

9.50%,

1/01/2031

(a)

78,000

84,123

Clean

Harbors,

Inc.

4.88%,

7/15/2027

(a)

44,000

42,207

5.13%,

7/15/2029

(a)

25,000

23,931

6.38%,

2/01/2031

(a)

50,000

50,309

Clearwater

Paper

Corp.

5.38%,

2/01/2025

(a)

20,000

19,656

4.75%,

8/15/2028

(a)

10,000

8,842

Clydesdale

Acquisition

Holdings,

Inc.

6.63%,

4/15/2029

(a)

36,000

34,446

8.75%,

4/15/2030

(a)

111,000

100,665

Coherent

Corp.,

5.00%,

12/15/2029

(a)(b)

52,000

46,820

Cornerstone

Building

Brands,

Inc.,

6.13%,

1/15/2029

(a)

33,000

27,267

Covanta

Holding

Corp.

4.88%,

12/01/2029

(a)

65,000

57,765

5.00%,

9/01/2030

24,000

21,011

CP

Atlas

Buyer,

Inc.,

7.00%,

12/01/2028

(a)

43,000

35,655

Crown

Americas

LLC,

5.25%,

4/01/2030

25,000

23,795

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp.

V,

4.25%,

9/30/2026

35,000

33,170

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp.

VI,

4.75%,

2/01/2026

113,000

109,324

Crown

Cork

&

Seal

Co.,

Inc.,

7.38%,

12/15/2026

30,000

31,278

Danaos

Corp.,

8.50%,

3/01/2028

(a)

20,000

20,183

Dycom

Industries,

Inc.,

4.50%,

4/15/2029

(a)

25,000

22,623

Eco

Material

Technologies,

Inc.,

7.88%,

1/31/2027

(a)

69,000

66,396

Emerald

Debt

Merger

Sub

LLC,

6.63%,

12/15/2030

(a)

120,000

119,431

98

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Industrial

–

11.6%

(continued)

Energizer

Holdings,

Inc.

6.50%,

12/31/2027

(a)

30,000

29,280

4.75%,

6/15/2028

(a)

53,000

47,559

4.38%,

3/31/2029

(a)

59,000

51,217

EnerSys,

4.38%,

12/15/2027

(a)

18,000

16,700

EnPro

Industries,

Inc.,

5.75%,

10/15/2026

35,000

34,237

Enviri

Corp.,

5.75%,

7/31/2027

(a)

50,000

43,196

F-Brasile

SpA

/

F-Brasile

US

LLC,

Series

XR,

7.38%,

8/15/2026

(a)

35,000

32,211

First

Student

Bidco,

Inc.

/

First

Transit

Parent,

Inc.,

4.00%,

7/31/2029

(a)

55,000

46,685

Fluor

Corp.

3.50%,

12/15/2024

20,000

19,475

4.25%,

9/15/2028

(b)

20,000

18,692

Fortress

Transportation

&

Infrastructure

Investors

LLC

6.50%,

10/01/2025

(a)

56,000

55,477

9.75%,

8/01/2027

(a)

34,000

35,359

5.50%,

5/01/2028

(a)

120,000

110,907

FXI

Holdings,

Inc.,

12.25%,

11/15/2026

(a)

75,000

69,760

Gates

Global

LLC

/

Gates

Corp.,

6.25%,

1/15/2026

(a)(b)

39,000

38,760

GFL

Environmental,

Inc.

4.25%,

6/01/2025

(a)

68,000

65,890

3.75%,

8/01/2025

(a)

79,000

75,501

5.13%,

12/15/2026

(a)

57,000

55,473

4.00%,

8/01/2028

(a)

67,000

59,964

3.50%,

9/01/2028

(a)

126,000

112,168

4.75%,

6/15/2029

(a)

50,000

45,574

4.38%,

8/15/2029

(a)

98,000

87,315

Global

Infrastructure

Solutions,

Inc.

5.63%,

6/01/2029

(a)

35,000

29,472

7.50%,

4/15/2032

(a)

55,000

46,727

Graftech

Finance,

Inc.,

4.63%,

12/15/2028

(a)

55,000

45,701

Graham

Packaging

Co.,

Inc.,

7.13%,

8/15/2028

(a)

55,000

48,201

Graphic

Packaging

International

LLC

4.75%,

7/15/2027

(a)

18,000

17,319

3.50%,

3/15/2028

(a)

46,000

41,396

3.50%,

3/01/2029

(a)

30,000

26,211

3.75%,

2/01/2030

(a)

20,000

17,375

Great

Lakes

Dredge

&

Dock

Corp.,

5.25%,

6/01/2029

(a)(b)

15,000

12,733

Griffon

Corp.,

5.75%,

3/01/2028

75,000

70,559

Hillenbrand,

Inc.

5.75%,

6/15/2025

32,000

31,778

5.00%,

9/15/2026

33,000

32,446

3.75%,

3/01/2031

40,000

34,414

Howmet

Aerospace,

Inc.

5.13%,

10/01/2024

26,000

25,761

6.88%,

5/01/2025

50,000

50,744

5.90%,

2/01/2027

50,000

50,416

6.75%,

1/15/2028

56,000

58,132

3.00%,

1/15/2029

75,000

65,648

5.95%,

2/01/2037

48,000

48,704

Husky

III

Holding

Ltd.,

13.00%,

2/15/2025

(a)(c)

35,000

32,778

Imola

Merger

Corp.,

4.75%,

5/15/2029

(a)

227,000

199,338

Innovate

Corp.,

8.50%,

2/01/2026

(a)

45,000

34,396

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Industrial

–

11.6%

(continued)

Intelligent

Packaging

Ltd.

Finco,

Inc.

/

Intelligent

Packaging

Ltd.

Co.-Issuer

LLC,

6.00%,

9/15/2028

(a)

61,000

54,094

James

Hardie

International

Finance

DAC,

5.00%,

1/15/2028

(a)

55,000

52,419

JELD-WEN,

Inc.

4.63%,

12/15/2025

(a)

25,000

24,572

4.88%,

12/15/2027

(a)

31,000

27,895

JPW

Industries

Holding

Corp.,

9.00%,

10/01/2024

(a)

20,000

18,599

Knife

River

Corp.,

7.75%,

5/01/2031

(a)

86,000

87,983

LABL,

Inc.

6.75%,

7/15/2026

(a)

64,000

62,878

10.50%,

7/15/2027

(a)

108,000

102,885

5.88%,

11/01/2028

(a)

40,000

36,652

9.50%,

11/01/2028

(a)

35,000

35,867

8.25%,

11/01/2029

(a)

50,000

41,637

Likewize

Corp.,

9.75%,

10/15/2025

(a)

35,000

33,866

Louisiana-Pacific

Corp.,

3.63%,

3/15/2029

(a)

55,000

48,156

LSB

Industries,

Inc.,

6.25%,

10/15/2028

(a)

55,000

50,559

Madison

IAQ

LLC

4.13%,

6/30/2028

(a)

89,000

79,235

5.88%,

6/30/2029

(a)

76,000

63,770

Manitowoc

Co.,

Inc.

(The),

9.00%,

4/01/2026

(a)(b)

26,000

26,005

Masonite

International

Corp.

5.38%,

2/01/2028

(a)

63,000

59,937

3.50%,

2/15/2030

(a)

20,000

16,919

Mauser

Packaging

Solutions

Holding

Co.

7.88%,

8/15/2026

(a)

247,000

246,309

9.25%,

4/15/2027

(a)

101,000

93,875

Maxim

Crane

Works

Holdings

Capital

LLC,

10.13%,

8/01/2024

(a)

15,000

15,060

MIWD

Holdco

II

LLC

/

MIWD

Finance

Corp.,

5.50%,

2/01/2030

(a)

26,000

22,043

Moog,

Inc.,

4.25%,

12/15/2027

(a)

42,000

38,914

Mueller

Water

Products,

Inc.,

4.00%,

6/15/2029

(a)

42,000

37,534

NAC

Aviation

29

DAC,

4.75%,

6/30/2026

67,903

60,415

New

Enterprise

Stone

&

Lime

Co.,

Inc.

5.25%,

7/15/2028

(a)

59,000

55,017

9.75%,

7/15/2028

(a)

20,000

19,738

OI

European

Group

BV,

4.75%,

2/15/2030

(a)

15,000

13,593

Oscar

Acquisitionco

LLC

/

Oscar

Finance,

Inc.,

9.50%,

4/15/2030

(a)

60,000

57,146

OT

Merger

Corp.,

7.88%,

10/15/2029

(a)

23,000

14,943

Owens-Brockway

Glass

Container,

Inc.

6.38%,

8/15/2025

(a)

24,000

24,039

6.63%,

5/13/2027

(a)

145,000

144,457

Pactiv

Evergreen

Group

Issuer

LLC

/

Pactiv

Evergreen

Group

Issuer,

Inc.,

4.38%,

10/15/2028

(a)

54,000

47,908

Pactiv

Evergreen

Group

Issuer,

Inc.

/

Pactiv

Evergreen

Group

Issuer

LLC,

4.00%,

10/15/2027

(a)

70,000

63,088

Pactiv

LLC

7.95%,

12/15/2025

17,000

17,140

8.38%,

4/15/2027

10,000

10,125

Park-Ohio

Industries,

Inc.,

6.63%,

4/15/2027

36,000

31,761

PGT

Innovations,

Inc.,

4.38%,

10/01/2029

(a)

31,000

28,769

99

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Industrial

–

11.6%

(continued)

Railworks

Holdings

LP

/

Railworks

Rally,

Inc.,

8.25%,

11/15/2028

(a)

15,000

14,158

Rand

Parent

LLC,

8.50%,

2/15/2030

(a)(b)

150,000

140,962

Roller

Bearing

Co.

of

America,

Inc.,

4.38%,

10/15/2029

(a)

42,000

37,438

Rolls-Royce

PLC

3.63%,

10/14/2025

(a)

138,000

130,642

5.75%,

10/15/2027

(a)

118,000

116,178

Sealed

Air

Corp.

5.13%,

12/01/2024

(a)

60,000

59,295

5.50%,

9/15/2025

(a)

35,000

34,626

4.00%,

12/01/2027

(a)

63,000

58,034

6.13%,

2/01/2028

(a)(b)

11,000

10,969

5.00%,

4/15/2029

(a)

71,000

66,305

6.88%,

7/15/2033

(a)

33,000

34,434

Seaspan

Corp.,

5.50%,

8/01/2029

(a)

125,000

100,869

Sensata

Technologies

BV

5.63%,

11/01/2024

(a)

12,000

11,932

5.00%,

10/01/2025

(a)

87,000

84,796

4.00%,

4/15/2029

(a)

93,000

82,336

5.88%,

9/01/2030

(a)

45,000

43,302

Sensata

Technologies,

Inc.

4.38%,

2/15/2030

(a)

57,000

50,737

3.75%,

2/15/2031

(a)

78,000

65,865

Silgan

Holdings,

Inc.,

4.13%,

2/01/2028

48,000

43,899

Smyrna

Ready

Mix

Concrete

LLC,

6.00%,

11/01/2028

(a)

130,000

123,838

Spirit

AeroSystems,

Inc.

7.50%,

4/15/2025

(a)

15,000

15,007

3.85%,

6/15/2026

15,000

14,065

4.60%,

6/15/2028

82,000

69,820

9.38%,

11/30/2029

(a)

84,000

90,000

SPX

Flow,

Inc.,

8.75%,

4/01/2030

(a)

43,000

39,742

Standard

Industries,

Inc.

5.00%,

2/15/2027

(a)

105,000

100,422

4.75%,

1/15/2028

(a)

120,000

111,591

4.38%,

7/15/2030

(a)

216,000

187,730

3.38%,

1/15/2031

(a)

136,000

109,749

Stericycle,

Inc.,

3.88%,

1/15/2029

(a)

55,000

48,612

Summit

Materials

LLC

/

Summit

Materials

Finance

Corp.

6.50%,

3/15/2027

(a)

25,000

24,934

5.25%,

1/15/2029

(a)

80,000

75,416

Terex

Corp.,

5.00%,

5/15/2029

(a)

100,000

93,021

Tervita

Corp.,

11.00%,

12/01/2025

(a)

16,000

17,016

Titan

Acquisition

Ltd.

/

Titan

Co.-Borrower

LLC,

7.75%,

4/15/2026

(a)

47,000

43,803

TK

Elevator

Holdco

GMBH,

7.63%,

7/15/2028

(a)

30,000

27,970

TK

Elevator

US

Newco,

Inc.,

5.25%,

7/15/2027

(a)

122,000

114,111

TopBuild

Corp.

3.63%,

3/15/2029

(a)

45,000

39,577

4.13%,

2/15/2032

(a)

57,000

48,949

TransDigm

UK

Holdings

PLC,

6.88%,

5/15/2026

91,000

90,535

TransDigm,

Inc.

6.25%,

3/15/2026

(a)

543,000

540,451

6.38%,

6/15/2026

156,000

154,414

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Industrial

–

11.6%

(continued)

7.50%,

3/15/2027

58,000

57,932

5.50%,

11/15/2027

290,000

274,611

6.75%,

8/15/2028

(a)

248,000

249,201

4.63%,

1/15/2029

125,000

111,574

4.88%,

5/01/2029

20,000

18,001

Trident

TPI

Holdings,

Inc.,

12.75%,

12/31/2028

(a)

65,000

68,954

TriMas

Corp.,

4.13%,

4/15/2029

(a)

40,000

35,541

Trinity

Industries,

Inc.,

4.55%,

10/01/2024

40,000

39,163

Triumph

Group,

Inc.

7.75%,

8/15/2025

43,000

41,614

9.00%,

3/15/2028

(a)

141,000

145,001

Trivium

Packaging

Finance

BV

5.50%,

8/15/2026

(a)

95,000

90,239

8.50%,

8/15/2027

(a)

55,000

53,011

TTM

Technologies,

Inc.,

4.00%,

3/01/2029

(a)

41,000

34,952

Tutor

Perini

Corp.,

6.88%,

5/01/2025

(a)

47,000

40,265

Vertiv

Group

Corp.,

4.13%,

11/15/2028

(a)

81,000

72,692

Victors

Merger

Corp.,

6.38%,

5/15/2029

(a)

49,000

35,245

VM

Consolidated,

Inc.,

5.50%,

4/15/2029

(a)

40,000

36,979

Waste

Pro

USA,

Inc.,

5.50%,

2/15/2026

(a)

42,000

39,745

Watco

Cos.

LLC

/

Watco

Finance

Corp.,

6.50%,

6/15/2027

(a)

45,000

43,107

Weekley

Homes

LLC

/

Weekley

Finance

Corp.,

4.88%,

9/15/2028

(a)

80,000

72,134

Werner

FinCo

LP

/

Werner

FinCo,

Inc.,

8.75%,

7/15/2025

(a)

25,000

20,696

WESCO

Distribution,

Inc.

7.13%,

6/15/2025

(a)

122,000

123,385

7.25%,

6/15/2028

(a)

133,000

135,797

Western

Global

Airlines

LLC,

10.38%,

8/15/2025

(a)

53,000

265

XPO

CNW,

Inc.,

6.70%,

5/01/2034

55,000

54,353

XPO

Escrow

Sub

LLC,

7.50%,

11/15/2027

(a)

30,000

31,028

XPO,

Inc.,

7.13%,

6/01/2031

(a)

10,000

10,114

13,275,327

Technology

–

4.5%

Ahead

DB

Holdings

LLC,

6.63%,

5/01/2028

(a)

35,000

30,147

Alteryx,

Inc.,

8.75%,

3/15/2028

(a)(b)

35,000

34,054

Amkor

Technology,

Inc.,

6.63%,

9/15/2027

(a)

100,000

100,075

ams-OSRAM

AG,

7.00%,

7/31/2025

(a)

45,000

40,035

Athenahealth

Group,

Inc.,

6.50%,

2/15/2030

(a)

199,000

168,707

Black

Knight

Infoserv

LLC,

3.63%,

9/01/2028

(a)

111,000

101,541

Boxer

Parent

Co.,

Inc.

7.13%,

10/02/2025

(a)

52,000

52,520

9.13%,

3/01/2026

(a)

27,000

27,083

Camelot

Finance

SA,

4.50%,

11/01/2026

(a)

11,000

10,377

Castle

US

Holding

Corp.,

9.50%,

2/15/2028

(a)

83,000

47,352

Central

Parent,

Inc.

/

CDK

Global,

Inc.,

7.25%,

6/15/2029

(a)

90,000

88,989

Clarivate

Science

Holdings

Corp.

3.88%,

7/01/2028

(a)

88,000

78,549

4.88%,

7/01/2029

(a)

77,000

68,396

Cloud

Software

Group,

Inc.

6.50%,

3/31/2029

(a)

379,000

341,335

9.00%,

9/30/2029

(a)

310,000

277,819

Conduent

Business

Services

LLC

/

Conduent

State

&

Local

Solutions,

Inc.,

6.00%,

11/01/2029

(a)

90,000

75,616

100

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Technology

–

4.5%

(continued)

Consensus

Cloud

Solutions,

Inc.

6.00%,

10/15/2026

(a)

35,000

32,415

6.50%,

10/15/2028

(a)(b)

30,000

26,318

Crane

NXT

Co.,

4.20%,

3/15/2048

60,000

41,450

Crowdstrike

Holdings,

Inc.,

3.00%,

2/15/2029

35,000

30,222

CWT

Travel

Group,

Inc.,

8.50%,

11/19/2026

(a)

68,000

37,339

Dun

&

Bradstreet

Corp.

(The),

5.00%,

12/15/2029

(a)(b)

32,000

28,338

Elastic

NV,

4.13%,

7/15/2029

(a)

40,000

34,655

Entegris

Escrow

Corp.,

5.95%,

6/15/2030

(a)

52,000

49,842

Entegris,

Inc.

4.38%,

4/15/2028

(a)

60,000

54,940

3.63%,

5/01/2029

(a)(b)

42,000

36,627

Fair

Isaac

Corp.

5.25%,

5/15/2026

(a)

56,000

54,948

4.00%,

6/15/2028

(a)

134,000

122,992

Helios

Software

Holdings,

Inc.

/

Ion

Corporate

Solutions

Finance

Sarl,

4.63%,

5/01/2028

(a)

20,000

17,375

KBR,

Inc.,

4.75%,

9/30/2028

(a)

26,000

23,794

McAfee

Corp.,

7.38%,

2/15/2030

(a)

140,000

121,001

Microstrategy,

Inc.,

6.13%,

6/15/2028

(a)

85,000

76,508

NCR

Corp.

5.00%,

10/01/2028

(a)

60,000

54,375

5.13%,

4/15/2029

(a)

127,000

113,660

6.13%,

9/01/2029

(a)(b)

18,000

18,294

5.25%,

10/01/2030

(a)

50,000

44,227

ON

Semiconductor

Corp.,

3.88%,

9/01/2028

(a)

60,000

54,344

Open

Text

Corp.

3.88%,

2/15/2028

(a)

135,000

120,143

3.88%,

12/01/2029

(a)

139,000

117,564

Open

Text

Holdings,

Inc.

4.13%,

2/15/2030

(a)

69,000

59,254

4.13%,

12/01/2031

(a)

71,000

58,930

Pitney

Bowes,

Inc.

6.88%,

3/15/2027

(a)(b)

45,000

34,232

7.25%,

3/15/2029

(a)

70,000

47,822

Playtika

Holding

Corp.,

4.25%,

3/15/2029

(a)

60,000

52,945

Presidio

Holdings,

Inc.

4.88%,

2/01/2027

(a)

11,000

10,397

8.25%,

2/01/2028

(a)

50,000

48,507

PTC,

Inc.

3.63%,

2/15/2025

(a)

54,000

52,162

4.00%,

2/15/2028

(a)

27,000

24,912

Rackspace

Technology

Global,

Inc.

3.50%,

2/15/2028

(a)

50,000

22,391

5.38%,

12/01/2028

(a)

45,000

12,604

ROBLOX

Corp.,

3.88%,

5/01/2030

(a)

53,000

44,824

Rocket

Software,

Inc.,

6.50%,

2/15/2029

(a)

40,000

34,084

RRD

Parent,

Inc.,

10.00%,

10/15/2031

(a)(c)

132,883

224,860

Science

Applications

International

Corp.,

4.88%,

4/01/2028

(a)

55,000

51,778

Seagate

HDD

Cayman

4.75%,

1/01/2025

50,000

49,130

4.88%,

6/01/2027

30,000

28,958

4.09%,

6/01/2029

59,000

52,031

3.13%,

7/15/2029

87,000

66,904

4.13%,

1/15/2031

21,000

17,303

9.63%,

12/01/2032

(a)

154,000

170,593

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Technology

–

4.5%

(continued)

5.75%,

12/01/2034

25,000

22,243

SS&C

Technologies,

Inc.,

5.50%,

9/30/2027

(a)

189,000

182,615

Synaptics,

Inc.,

4.00%,

6/15/2029

(a)(b)

30,000

25,884

Twilio,

Inc.

3.63%,

3/15/2029

37,000

31,747

3.88%,

3/15/2031

(b)

37,000

31,329

Unisys

Corp.,

6.88%,

11/01/2027

(a)

125,000

101,859

Vericast

Corp.,

11.00%,

9/15/2026

(a)

187,000

195,976

Veritas

US,

Inc.

/

Veritas

Bermuda

Ltd.,

7.50%,

9/01/2025

(a)

174,000

142,744

Virtusa

Corp.,

7.13%,

12/15/2028

(a)

29,000

24,361

West

Technology

Group

LLC,

8.50%,

4/10/2027

(a)

30,000

25,327

Xerox

Corp.

4.80%,

3/01/2035

26,000

17,929

6.75%,

12/15/2039

35,000

27,053

Xerox

Holdings

Corp.

5.00%,

8/15/2025

(a)

82,000

78,702

5.50%,

8/15/2028

(a)

91,000

79,856

ZoomInfo

Technologies

LLC

/

ZoomInfo

Finance

Corp.,

3.88%,

2/01/2029

(a)

145,000

124,719

5,130,931

Utilities

–

2.5%

Algonquin

Power

&

Utilities

Corp.,

4.75%,

1/18/2082

65,000

52,445

AmeriGas

Partners

LP

/

AmeriGas

Finance

Corp.

5.50%,

5/20/2025

65,000

63,002

5.88%,

8/20/2026

60,000

56,514

5.75%,

5/20/2027

40,000

36,534

Atlantica

Sustainable

Infrastructure

PLC,

4.13%,

6/15/2028

(a)

45,000

40,871

Calpine

Corp.

5.25%,

6/01/2026

(a)

44,000

42,709

4.50%,

2/15/2028

(a)

166,000

152,496

5.13%,

3/15/2028

(a)

89,000

80,708

4.63%,

2/01/2029

(a)

115,000

99,103

5.00%,

2/01/2031

(a)

89,000

74,861

3.75%,

3/01/2031

(a)

73,000

59,874

Clearway

Energy

Operating

LLC

4.75%,

3/15/2028

(a)

60,000

55,622

3.75%,

2/15/2031

(a)

140,000

115,996

3.75%,

1/15/2032

(a)

11,000

9,003

DPL,

Inc.

4.13%,

7/01/2025

42,000

40,250

4.35%,

4/15/2029

32,000

28,201

Drax

Finco

PLC,

6.63%,

11/01/2025

(a)

89,000

87,734

FirstEnergy

Corp.

2.05%,

3/01/2025

15,000

14,137

Series

A,

1.60%,

1/15/2026

25,000

22,710

Series

B,

4.15%,

7/15/2027

130,000

123,037

2.65%,

3/01/2030

45,000

37,913

Series

B,

2.25%,

9/01/2030

40,000

32,293

Series

C,

7.38%,

11/15/2031

50,000

56,369

Series

C,

5.10%,

7/15/2047

57,000

51,680

Series

C,

3.40%,

3/01/2050

100,000

68,314

Leeward

Renewable

Energy

Operations

LLC,

4.25%,

7/01/2029

(a)

40,000

35,565

101

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

97.9%

(continued)

Utilities

–

2.5%

(continued)

NextEra

Energy

Operating

Partners

LP

3.88%,

10/15/2026

(a)

46,000

42,849

4.50%,

9/15/2027

(a)

50,000

46,781

NRG

Energy,

Inc.

6.63%,

1/15/2027

40,000

39,691

5.75%,

1/15/2028

(b)

72,000

68,567

3.38%,

2/15/2029

(a)

46,000

38,059

5.25%,

6/15/2029

(a)

92,000

82,991

3.63%,

2/15/2031

(a)

11,000

8,631

3.88%,

2/15/2032

(a)

150,000

116,025

Panoche

Energy

Center

LLC,

6.89%,

7/31/2029

(a)

16,956

16,859

Pattern

Energy

Operations

LP

/

Pattern

Energy

Operations,

Inc.,

4.50%,

8/15/2028

(a)

75,000

68,223

PG&E

Corp.

5.00%,

7/01/2028

(b)

85,000

78,635

5.25%,

7/01/2030

88,000

79,262

Pike

Corp.,

5.50%,

9/01/2028

(a)

61,000

55,219

Solaris

Midstream

Holdings

LLC,

7.63%,

4/01/2026

(a)

28,000

27,458

Terraform

Global

Operating

LP,

6.13%,

3/01/2026

(a)

35,000

34,230

TransAlta

Corp.

7.75%,

11/15/2029

42,000

43,490

6.50%,

3/15/2040

15,000

14,444

Vistra

Operations

Co.

LLC

5.50%,

9/01/2026

(a)

93,000

90,025

5.63%,

2/15/2027

(a)

121,000

117,000

5.00%,

7/31/2027

(a)

120,000

112,903

4.38%,

5/01/2029

(a)

126,000

111,238

2,830,521

Total

Corporate

Bonds

(cost

$115,509,938)

111,808,496

Shares

Investment

Companies

–

1.0%

Registered

Investment

Companies

–

1.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(g)(h)

(cost

$1,149,305)

1,149,305

1,149,305

Investment

of

Cash

Collateral

for

Securities

Loaned

–

4.0%

Registered

Investment

Companies

–

4.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(g)(h)

(cost

$4,539,620)

4,539,620

4,539,620

Total

Investments

(cost

$121,198,863)

102.9%

117,497,421

Liabilities,

Less

Cash

and

Receivables

(2.9)%

(3,331,573)

Net

Assets

100.0%

114,165,848

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

July

31,

2023,

these

securities

were

valued

at

$84,832,237

or

74.31%

of

net

assets.

(b)

Security,

or

portion

thereof,

on

loan.

At

July

31,

2023,

the

value

of

the

fund’s

securities

on

loan

was

$4,645,126

and

the

value

of

the

collateral

was

$4,829,906,

consisting

of

cash

collateral

of

$4,539,620

and

U.S.

Government

&

Agency

securities

valued

at

$290,286.

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)

Defaulted

security.

Currently,

the

issuer

is

in

default

with

respect

to

principal

and/or

interest

payments.

The

aggregate

value

of

these

securities

at

July

31,

2023

was

$87,407,

which

represented

0.08%

of

the

Fund’s

Net

Assets.

102

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

(e)

Perpetual

bond

with

no

specified

maturity

date.

(f)

Step

coupon

bond.

The

interest

rate

represents

the

coupon

rate

at

which

the

bond

will

accrue

at

a

specified

future

date.

(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.

(h)

The

rate

shown

is

the

1-day

yield

as

of

July

31,

2023.

103

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.

104

NOTES

TO

STATEMENTS

OF

INVESTMENTS

(Unaudited)

(continued)

The

table

below

summarizes

the

inputs

used

as

of July

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

1,853,747,530

—

—

1,853,747,530

Investment

Companies

3,065,529

—

—

3,065,529

Other

Financial

Instruments:

Futures

††

147,989

—

—

147,989

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

445,521,206

—

—

445,521,206

Investment

Companies

1,037,519

—

—

1,037,519

Investment

of

Cash

Collateral

for

Securities

Loaned

742,105

—

—

742,105

Other

Financial

Instruments:

Futures

††

77,434

—

—

77,434

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

110,312,699

—

—

110,312,699

Investment

Companies

250,168

—

—

250,168

Investment

of

Cash

Collateral

for

Securities

Loaned

1,361,928

—

—

1,361,928

Other

Financial

Instruments:

Futures

††

23,223

—

—

23,223

BNY

Mellon

International

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

476,399,097

—

0

476,399,097

Preferred

Stocks

1,591,958

—

—

1,591,958

Investment

Companies

163,047

—

—

163,047

Investment

of

Cash

Collateral

for

Securities

Loaned

669,796

—

—

669,796

Other

Financial

Instruments:

Futures

††

44,899

—

—

44,899

BNY

Mellon

Emerging

Markets

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

95,716,659

159,429

0

95,876,088

Preferred

Stocks

2,410,559

—

0

2,410,559

Investment

Companies

160,746

—

—

160,746

Investment

of

Cash

Collateral

for

Securities

Loaned

258,024

—

—

258,024

Other

Financial

Instruments:

Futures

††

39,993

—

—

39,993

BNY

Mellon

Core

Bond

ETF

Assets

($)

Investments

In

Securities:

†

Asset-Backed

Securities

—

1,981,325

—

1,981,325

Commercial

Mortgage-Backed

Securities

—

4,269,336

—

4,269,336

Corporate

Bonds

—

117,296,187

—

117,296,187

Foreign

Governmental

—

7,788,683

—

7,788,683

Municipal

Securities

—

1,362,066

—

1,362,066

Supranational

Bank

—

7,215,494

—

7,215,494

U.S.

Government

Agencies

—

136,426,203

—

136,426,203

U.S.

Treasury

Government

Securities

—

190,620,875

—

190,620,875

105

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.

Derivatives:

A

derivative

is

a

financial

instrument

whose

performance

is

derived

from

the

performance

of

another

asset.

The

SEC

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

July

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

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 July

31,

2023,

are

set

forth

in

the

Statement

of

Investments

for

each

fund.

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

July

31,

2023.

At

July

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).

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

11,368,476

—

—

11,368,476

Investment

of

Cash

Collateral

for

Securities

Loaned

2,349,735

—

—

2,349,735

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

Assets

($)

Investments

In

Securities:

†

Corporate

Bonds

—

46,666,508

—

46,666,508

Investment

Companies

1,550,291

—

—

1,550,291

Investment

of

Cash

Collateral

for

Securities

Loaned

429,900

—

—

429,900

BNY

Mellon

High

Yield

Beta

ETF

Assets

($)

Investments

In

Securities:

†

Corporate

Bonds

—

111,808,496

—

111,808,496

Investment

Companies

1,149,305

—

—

1,149,305

Investment

of

Cash

Collateral

for

Securities

Loaned

4,539,620

—

—

4,539,620

†

See

Statement

of

Investments

for

additional

detailed

categorizations,

if

any.

††

Amount

shown

represents

unrealized

appreciation

(depreciation)

at

period

end.

106

NOTES

TO

STATEMENTS

OF

INVESTMENTS

(Unaudited)

(continued)

Gross

Appreciation

Gross

(Depreciation)

Net

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

$

234,073,424

$

(47,629,895)

$

186,443,529

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

26,054,065

(5,373,507)

20,680,558

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

7,522,950

(4,382,687)

3,140,263

BNY

Mellon

International

Equity

ETF

44,110,347

(8,767,350)

35,342,997

BNY

Mellon

Emerging

Markets

Equity

ETF

10,513,151

(5,117,023)

5,396,128

BNY

Mellon

Core

Bond

ETF

490,984

(37,246,853)

(36,755,869)

BNY

Mellon

Short

Duration

Corporate

Bond

ETF

40,774

(2,535,624)

(2,494,850)

BNY

Mellon

High

Yield

Beta

ETF

497,831

(4,199,273)

(3,701,442)