1

STATEMENT

OF

INVESTMENTS

January

31,

2024

(Unaudited)

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.8%

Communication

Services

–

9.0%

Alphabet,

Inc.,

Class

A

(a)

302,236

42,343,264

Alphabet,

Inc.,

Class

C

(a)

263,676

37,389,257

AT&T,

Inc.

358,230

6,337,089

Charter

Communications,

Inc.,

Class

A

(a)

5,032

1,865,413

Comcast

Corp.,

Class

A

206,314

9,601,854

Electronic

Arts,

Inc.

13,995

1,925,432

Endeavor

Group

Holdings,

Inc.,

Class

A

4,111

101,747

Fox

Corp.,

Class

A

12,449

402,103

Fox

Corp.,

Class

B

8,822

264,748

Live

Nation

Entertainment,

Inc.

(a)

7,549

670,729

Meta

Platforms,

Inc.,

Class

A

(a)

112,237

43,788,143

Netflix,

Inc.

(a)

22,028

12,426,215

Omnicom

Group,

Inc.

10,204

922,237

Pinterest,

Inc.,

Class

A

(a)

29,438

1,103,042

ROBLOX

Corp.,

Class

A

(a)

23,737

921,233

Sirius

XM

Holdings,

Inc.

(b)

34,199

174,073

Snap,

Inc.,

Class

A

(a)

51,527

818,764

Spotify

Technology

SA

(a)

6,369

1,371,564

Spotify

Technology

SA

(a)

402

86,571

Take-Two

Interactive

Software,

Inc.

(a)

8,317

1,371,723

T-Mobile

US,

Inc.

27,036

4,359,014

Trade

Desk,

Inc.

(The),

Class

A

(a)

22,210

1,519,830

Verizon

Communications,

Inc.

211,578

8,960,328

Walt

Disney

Co.

(The)

92,103

8,846,493

Warner

Bros

Discovery,

Inc.

(a)

109,961

1,101,809

Warner

Music

Group

Corp.,

Class

A

6,372

232,514

188,905,189

Consumer

Discretionary

–

10.2%

Airbnb,

Inc.,

Class

A

(a)

20,900

3,012,526

Amazon.com,

Inc.

(a)

458,119

71,100,069

Aptiv

PLC

(a)

871

70,838

Aptiv

PLC

(a)

14,028

1,140,897

AutoZone,

Inc.

(a)

949

2,621,261

Best

Buy

Co.,

Inc.

10,472

759,115

Booking

Holdings,

Inc.

(a)

1,853

6,499,342

Carnival

Corp.

(a)

51,094

847,139

Chipotle

Mexican

Grill,

Inc.,

Class

A

(a)

1,408

3,391,548

Coupang,

Inc.,

Class

A

(a)

56,132

785,848

D.R.

Horton,

Inc.

15,725

2,247,260

Darden

Restaurants,

Inc.

6,078

988,161

DoorDash,

Inc.,

Class

A

(a)

13,393

1,395,551

DraftKings,

Inc.,

Class

A

(a)

21,326

832,780

eBay,

Inc.

27,728

1,138,789

Expedia

Group,

Inc.

(a)

7,203

1,068,421

Ford

Motor

Co.

191,589

2,245,423

Garmin

Ltd.

7,599

908,005

General

Motors

Co.

67,070

2,602,316

Genuine

Parts

Co.

7,187

1,007,833

Hilton

Worldwide

Holdings,

Inc.

13,483

2,574,714

Home

Depot,

Inc.

(The)

50,948

17,982,606

Las

Vegas

Sands

Corp.

15,544

760,412

Lennar

Corp.,

Class

A

13,369

2,003,345

Lennar

Corp.,

Class

B

514

71,318

Lowe's

Cos.,

Inc.

29,662

6,313,260

Lucid

Group,

Inc.

(a)(b)

49,179

166,225

Lululemon

Athletica,

Inc.

(a)

5,705

2,589,043

Marriott

International,

Inc.,

Class

A

13,752

3,296,767

McDonald's

Corp.

37,399

10,947,435

MercadoLibre,

Inc.

(a)

2,269

3,884,097

MGM

Resorts

International

15,716

681,603

Mobileye

Global,

Inc.,

Class

A

(a)

4,374

113,112

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Consumer

Discretionary

–

10.2%

(continued)

NIKE,

Inc.,

Class

B

61,457

6,239,729

NVR,

Inc.

(a)

146

1,032,992

O'Reilly

Automotive,

Inc.

(a)

3,173

3,246,138

Pool

Corp.

1,933

717,626

PulteGroup,

Inc.

10,137

1,059,925

Rivian

Automotive,

Inc.,

Class

A

(a)

35,337

541,009

Ross

Stores,

Inc.

17,330

2,431,052

Royal

Caribbean

Cruises

Ltd.

(a)

11,123

1,418,183

Starbucks

Corp.

56,736

5,278,150

Tesla,

Inc.

(a)

139,968

26,214,607

TJX

Cos.,

Inc.

(The)

59,534

5,650,372

Tractor

Supply

Co.

5,587

1,254,840

Ulta

Beauty,

Inc.

(a)

2,497

1,253,619

Yum

China

Holdings,

Inc.

20,570

711,516

Yum!

Brands,

Inc.

14,340

1,856,887

214,953,704

Consumer

Staples

–

6.0%

Albertsons

Cos.,

Inc.,

Class

A

19,530

414,427

Altria

Group,

Inc.

89,338

3,584,240

Archer-Daniels-Midland

Co.

26,684

1,483,097

Brown-Forman

Corp.,

Class

A

1,344

75,761

Brown-Forman

Corp.,

Class

B

17,142

941,096

Bunge

Global

SA

469

41,314

Bunge

Global

SA

7,193

633,631

Campbell

Soup

Co.

10,970

489,591

Church

&

Dwight

Co.,

Inc.

12,122

1,210,382

Clorox

Co.

(The)

6,439

935,265

Coca-Cola

Co.

(The)

196,748

11,704,538

Colgate-Palmolive

Co.

41,950

3,532,190

ConAgra

Brands,

Inc.

27,484

801,159

Constellation

Brands,

Inc.,

Class

A

8,275

2,028,037

Costco

Wholesale

Corp.

22,647

15,736,947

Dollar

General

Corp.

10,315

1,362,302

Dollar

Tree,

Inc.

(a)

10,735

1,402,206

Estee

Lauder

Cos.,

Inc.

(The),

Class

A

10,106

1,333,891

General

Mills,

Inc.

28,344

1,839,809

Hershey

Co.

(The)

7,764

1,502,645

Hormel

Foods

Corp.

15,853

481,456

JM

Smucker

Co.

(The)

5,446

716,421

Kellanova

14,465

792,103

Kenvue,

Inc.

88,259

1,832,257

Keurig

Dr

Pepper,

Inc.

44,280

1,392,163

Kimberly-Clark

Corp.

16,342

1,976,892

Kraft

Heinz

Co.

(The)

37,322

1,385,766

Kroger

Co.

(The)

37,527

1,731,496

McCormick

&

Co.,

Inc.

13,180

898,349

Mondelez

International,

Inc.,

Class

A

70,093

5,275,900

Monster

Beverage

Corp.

(a)

26,353

1,449,942

PepsiCo,

Inc.

70,329

11,852,546

Philip

Morris

International,

Inc.

77,948

7,081,576

Procter

&

Gamble

Co.

(The)

120,329

18,908,499

SYSCO

Corp.

26,344

2,132,020

Target

Corp.

22,615

3,145,294

Tyson

Foods,

Inc.,

Class

A

15,463

846,754

Walgreens

Boots

Alliance,

Inc.

37,957

856,689

Walmart,

Inc.

72,915

12,049,204

125,857,855

Energy

–

3.9%

Baker

Hughes

Co.,

Class

A

51,184

1,458,744

Cheniere

Energy,

Inc.

12,409

2,034,952

Chevron

Corp.

87,859

12,953,052

2

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Energy

–

3.9%

(continued)

ConocoPhillips

61,678

6,899,918

Coterra

Energy,

Inc.

37,326

928,671

Devon

Energy

Corp.

34,350

1,443,387

Diamondback

Energy,

Inc.

8,338

1,281,884

EOG

Resources,

Inc.

29,515

3,358,512

EQT

Corp.

20,553

727,576

Exxon

Mobil

Corp.

205,441

21,121,389

Halliburton

Co.

46,674

1,663,928

Hess

Corp.

13,895

1,952,664

Kinder

Morgan,

Inc.

101,827

1,722,913

Marathon

Oil

Corp.

31,715

724,688

Marathon

Petroleum

Corp.

20,880

3,457,728

Occidental

Petroleum

Corp.

35,554

2,046,844

ONEOK,

Inc.

30,211

2,061,901

Phillips

66

23,270

3,358,094

Pioneer

Natural

Resources

Co.

12,045

2,768,302

Schlumberger

NV

72,648

3,537,958

Targa

Resources

Corp.

10,978

932,691

Valero

Energy

Corp.

17,605

2,445,334

Williams

Cos.,

Inc.

(The)

62,745

2,174,742

81,055,872

Financials

–

13.0%

Aflac,

Inc.

28,489

2,402,762

Allstate

Corp.

(The)

13,588

2,109,537

American

Express

Co.

29,824

5,986,870

American

International

Group,

Inc.

36,514

2,538,088

Ameriprise

Financial,

Inc.

5,218

2,018,479

Aon

PLC,

Class

A

10,378

3,097,107

Apollo

Global

Management,

Inc.

20,898

2,098,159

Arch

Capital

Group

Ltd.

(a)

18,181

1,498,660

Ares

Management

Corp.,

Class

A

7,121

865,059

Arthur

J

Gallagher

&

Co.

11,190

2,597,870

Bank

of

America

Corp.

349,636

11,891,120

Bank

of

New

York

Mellon

Corp.

(The)

39,210

2,174,587

Berkshire

Hathaway,

Inc.,

Class

B

(a)

66,157

25,387,087

BlackRock,

Inc.,

Class

A

7,374

5,709,762

Blackstone,

Inc.

35,774

4,452,074

Block,

Inc.,

Class

A

(a)

28,184

1,832,242

Blue

Owl

Capital,

Inc.,

Class

A

20,992

326,216

Brown

&

Brown,

Inc.

11,265

873,713

Capital

One

Financial

Corp.

19,469

2,634,545

Cboe

Global

Markets,

Inc.

5,008

920,721

Charles

Schwab

Corp.

(The)

69,341

4,362,936

Chubb

Ltd.

21,468

5,259,660

Cincinnati

Financial

Corp.

7,823

866,788

Citigroup,

Inc.

94,069

5,283,856

Citizens

Financial

Group,

Inc.

28,304

925,541

CME

Group,

Inc.,

Class

A

18,368

3,780,869

Coinbase

Global,

Inc.,

Class

A

(a)

7,922

1,015,600

Discover

Financial

Services

12,969

1,368,489

Everest

Group

Ltd.

1,469

565,521

Everest

Group

Ltd.

67

25,793

FactSet

Research

Systems,

Inc.

1,904

906,152

Fidelity

National

Information

Services,

Inc.

30,563

1,902,852

Fifth

Third

Bancorp

37,948

1,299,340

First

Citizens

BancShares,

Inc.,

Class

A

478

721,780

Fiserv,

Inc.

(a)

31,162

4,420,953

FleetCor

Technologies,

Inc.

(a)

3,561

1,032,441

Franklin

Resources,

Inc.

16,417

437,185

Global

Payments,

Inc.

13,291

1,770,760

Goldman

Sachs

Group,

Inc.

(The)

16,792

6,448,296

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Financials

–

13.0%

(continued)

Hartford

Financial

Services

Group,

Inc.

(The)

15,505

1,348,315

Huntington

Bancshares,

Inc.

82,258

1,047,144

Interactive

Brokers

Group,

Inc.,

Class

A

5,234

464,518

Intercontinental

Exchange,

Inc.

28,246

3,596,563

JPMorgan

Chase

&

Co.

147,889

25,785,926

KKR

&

Co.,

Inc.

33,272

2,880,690

Loews

Corp.

7,896

575,303

LPL

Financial

Holdings,

Inc.

3,848

920,403

M&T

Bank

Corp.

8,852

1,222,461

Markel

Group,

Inc.

(a)

682

1,021,247

Marsh

&

McLennan

Cos.,

Inc.

25,604

4,963,079

Mastercard,

Inc.,

Class

A

42,893

19,268,822

MetLife,

Inc.

30,588

2,120,360

Moody's

Corp.

8,136

3,189,637

Morgan

Stanley

64,406

5,618,779

MSCI,

Inc.,

Class

A

4,081

2,442,968

NASDAQ,

Inc.

17,951

1,037,029

Northern

Trust

Corp.

11,487

914,825

PayPal

Holdings,

Inc.

(a)

54,139

3,321,428

PNC

Financial

Services

Group,

Inc.

(The)

19,488

2,946,780

Principal

Financial

Group,

Inc.

13,257

1,048,629

Progressive

Corp.

(The)

30,023

5,351,600

Prudential

Financial,

Inc.

19,482

2,044,246

Raymond

James

Financial,

Inc.

9,987

1,100,368

Regions

Financial

Corp.

52,847

986,653

Rocket

Cos.,

Inc.,

Class

A

(a)(b)

5,250

64,628

S&P

Global,

Inc.

16,433

7,367,736

State

Street

Corp.

16,861

1,245,522

Synchrony

Financial

23,987

932,375

T

Rowe

Price

Group,

Inc.

12,083

1,310,401

Tradeweb

Markets,

Inc.,

Class

A

5,545

528,938

Travelers

Cos.,

Inc.

(The)

11,183

2,363,639

Truist

Financial

Corp.

64,517

2,391,000

US

Bancorp

72,642

3,017,549

Visa,

Inc.,

Class

A

(b)

82,695

22,597,236

W.R.

Berkley

Corp.

10,057

823,467

Wells

Fargo

&

Co.

183,674

9,216,761

Willis

Towers

Watson

PLC

5,388

1,327,064

272,213,559

Health

Care

–

12.7%

Abbott

Laboratories

87,157

9,861,814

AbbVie,

Inc.

89,828

14,767,723

Agilent

Technologies,

Inc.

15,199

1,977,390

Align

Technology,

Inc.

(a)

3,667

980,262

Alnylam

Pharmaceuticals,

Inc.

(a)

6,354

1,098,670

Amgen,

Inc.

27,257

8,565,785

Avantor,

Inc.

(a)

34,337

789,408

Baxter

International,

Inc.

27,117

1,049,157

Becton,

Dickinson

&

Co.

14,599

3,486,387

Biogen,

Inc.

(a)

7,035

1,735,253

BioMarin

Pharmaceutical,

Inc.

(a)

9,312

820,201

Bio-Rad

Laboratories,

Inc.,

Class

A

(a)

1,114

357,471

Boston

Scientific

Corp.

(a)

75,168

4,755,128

Bristol-Myers

Squibb

Co.

105,129

5,137,654

Cardinal

Health,

Inc.

12,467

1,361,272

Cencora,

Inc.

8,437

1,963,121

Centene

Corp.

(a)

28,260

2,128,261

Cigna

Group

(The)

14,862

4,472,719

Cooper

Cos.,

Inc.

(The)

2,520

940,036

CVS

Health

Corp.

64,494

4,796,419

Danaher

Corp.

33,260

7,979,407

3

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Health

Care

–

12.7%

(continued)

DexCom,

Inc.

(a)

19,140

2,322,639

Edwards

Lifesciences

Corp.

(a)

29,223

2,293,129

Elevance

Health,

Inc.

11,861

5,852,692

Eli

Lilly

&

Co.

43,243

27,918,113

GE

Healthcare

Technologies,

Inc.

18,733

1,374,253

Gilead

Sciences,

Inc.

62,819

4,916,215

HCA

Healthcare,

Inc.

10,350

3,155,715

Hologic,

Inc.

(a)

13,412

998,389

Humana,

Inc.

6,385

2,413,913

IDEXX

Laboratories,

Inc.

(a)

4,225

2,176,213

Illumina,

Inc.

(a)

8,305

1,187,698

Incyte

Corp.

(a)

10,180

598,279

Insulet

Corp.

(a)

3,671

700,684

Intuitive

Surgical,

Inc.

(a)

17,853

6,752,362

IQVIA

Holdings,

Inc.

(a)

9,239

1,923,837

Johnson

&

Johnson

122,372

19,444,911

Laboratory

Corp.

of

America

Holdings

4,624

1,027,915

McKesson

Corp.

7,088

3,543,220

Medtronic

PLC

66,440

5,816,158

Merck

&

Co.,

Inc.

129,198

15,604,534

Mettler-Toledo

International,

Inc.

(a)

1,147

1,373,177

Moderna,

Inc.

(a)

15,563

1,572,641

Molina

Healthcare,

Inc.

(a)

2,896

1,032,250

Pfizer,

Inc.

284,508

7,704,477

Quest

Diagnostics,

Inc.

5,833

749,132

Regeneron

Pharmaceuticals,

Inc.

(a)

5,306

5,002,391

ResMed,

Inc.

7,624

1,450,085

Revvity,

Inc.

6,621

709,639

Royalty

Pharma

PLC,

Class

A

21,698

616,006

STERIS

PLC

4,950

1,083,802

Stryker

Corp.

16,147

5,416,996

Thermo

Fisher

Scientific,

Inc.

19,421

10,467,531

UnitedHealth

Group,

Inc.

47,469

24,291,786

Veeva

Systems,

Inc.,

Class

A

(a)

7,350

1,524,463

Vertex

Pharmaceuticals,

Inc.

(a)

13,267

5,749,652

Viatris,

Inc.

64,690

761,401

Waters

Corp.

(a)

3,174

1,008,411

West

Pharmaceutical

Services,

Inc.

3,694

1,377,973

Zimmer

Biomet

Holdings,

Inc.

11,098

1,393,909

Zoetis,

Inc.,

Class

A

23,577

4,427,996

266,758,125

Industrials

–

8.5%

3M

Co.

27,028

2,550,092

AMETEK,

Inc.

12,108

1,962,101

Automatic

Data

Processing,

Inc.

21,054

5,174,652

Axon

Enterprise,

Inc.

(a)

3,425

853,030

Boeing

Co.

(The)

(a)

28,380

5,989,315

Booz

Allen

Hamilton

Holding

Corp.,

Class

A

6,380

898,113

Broadridge

Financial

Solutions,

Inc.

5,805

1,185,381

Builders

FirstSource,

Inc.

(a)

6,062

1,053,151

Carlisle

Cos.,

Inc.

2,493

783,450

Carrier

Global

Corp.

43,734

2,392,687

Caterpillar,

Inc.

26,244

7,881,336

Cintas

Corp.

4,583

2,770,744

Copart,

Inc.

(a)

44,013

2,114,384

CSX

Corp.

102,682

3,665,747

Cummins,

Inc.

7,365

1,762,444

Deere

&

Co.

13,630

5,364,495

Delta

Air

Lines,

Inc.

32,070

1,255,220

Dover

Corp.

7,563

1,132,786

Eaton

Corp.

PLC

20,626

5,075,646

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Industrials

–

8.5%

(continued)

Emerson

Electric

Co.

28,838

2,645,310

Equifax,

Inc.

6,196

1,513,931

Expeditors

International

of

Washington,

Inc.

7,607

960,992

Fastenal

Co.

30,026

2,048,674

FedEx

Corp.

11,707

2,824,782

Ferguson

PLC

10,010

1,880,479

Fortive

Corp.

18,282

1,429,287

General

Dynamics

Corp.

11,860

3,142,781

General

Electric

Co.

55,938

7,407,310

HEICO

Corp.

2,328

418,086

HEICO

Corp.,

Class

A

3,395

480,291

Honeywell

International,

Inc.

33,849

6,846,299

Howmet

Aerospace,

Inc.

19,776

1,112,598

Hubbell,

Inc.,

Class

B

2,617

878,187

IDEX

Corp.

4,072

861,228

Illinois

Tool

Works,

Inc.

15,474

4,037,167

Ingersoll

Rand,

Inc.

20,189

1,612,294

Jacobs

Solutions,

Inc.

6,074

818,593

JB

Hunt

Transport

Services,

Inc.

4,338

871,851

Johnson

Controls

International

PLC

32,866

1,731,710

L3Harris

Technologies,

Inc.

9,873

2,057,731

Lennox

International,

Inc.

1,489

637,530

Lockheed

Martin

Corp.

12,873

5,527,795

Nordson

Corp.

(b)

2,645

665,799

Norfolk

Southern

Corp.

11,118

2,615,398

Northrop

Grumman

Corp.

7,762

3,467,751

Old

Dominion

Freight

Line,

Inc.

5,014

1,960,574

Otis

Worldwide

Corp.

21,384

1,891,201

PACCAR,

Inc.

26,371

2,647,385

Parker-Hannifin

Corp.

6,445

2,993,702

Paychex,

Inc.

16,497

2,008,180

Paycom

Software,

Inc.

2,611

496,717

Quanta

Services,

Inc.

7,617

1,478,079

Republic

Services,

Inc.,

Class

A

11,112

1,901,485

Rockwell

Automation,

Inc.

5,882

1,489,793

Rollins,

Inc.

15,597

675,506

RTX

Corp.

73,922

6,735,773

Southwest

Airlines

Co.

33,030

987,267

SS&C

Technologies

Holdings,

Inc.

11,269

687,634

Stanley

Black

&

Decker,

Inc.

8,068

752,744

Trane

Technologies

PLC

11,720

2,954,026

TransDigm

Group,

Inc.

2,697

2,946,958

TransUnion

9,906

685,396

Uber

Technologies,

Inc.

(a)

100,203

6,540,250

Union

Pacific

Corp.

31,287

7,631,838

United

Airlines

Holdings,

Inc.

(a)

17,221

712,605

United

Parcel

Service,

Inc.,

Class

B

36,276

5,147,564

United

Rentals,

Inc.

3,455

2,160,757

Verisk

Analytics,

Inc.,

Class

A

7,320

1,768,000

Waste

Management,

Inc.

20,810

3,862,960

Westinghouse

Air

Brake

Technologies

Corp.

9,034

1,188,603

WW

Grainger,

Inc.

2,143

1,919,357

Xylem,

Inc.

12,379

1,391,895

177,974,877

Information

Technology

–

29.9%

Accenture

PLC,

Class

A

33,819

12,306,058

Adobe,

Inc.

(a)

23,181

14,320,758

Advanced

Micro

Devices,

Inc.

(a)

81,400

13,649,966

Akamai

Technologies,

Inc.

(a)

7,272

896,129

Amdocs

Ltd.

335

30,713

Amdocs

Ltd.

5,468

501,306

4

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Information

Technology

–

29.9%

(continued)

Amphenol

Corp.,

Class

A

30,576

3,091,234

Analog

Devices,

Inc.

25,387

4,883,443

ANSYS,

Inc.

(a)

4,263

1,397,539

Apple,

Inc.

755,308

139,278,795

Applied

Materials,

Inc.

42,870

7,043,541

Arista

Networks,

Inc.

(a)

12,193

3,154,085

Aspen

Technology,

Inc.

(a)

1,390

266,866

Atlassian

Corp.,

Class

A

(a)

7,909

1,975,431

Autodesk,

Inc.

(a)

10,416

2,643,685

Bentley

Systems,

Inc.,

Class

B

9,008

454,003

Broadcom,

Inc.

20,666

24,385,880

Cadence

Design

Systems,

Inc.

(a)

14,047

4,051,998

CDW

Corp.

6,689

1,516,530

Cisco

Systems,

Inc.

206,720

10,373,210

Cloudflare,

Inc.,

Class

A

(a)

14,372

1,136,107

Cognizant

Technology

Solutions

Corp.,

Class

A

25,533

1,969,105

Corning,

Inc.

40,882

1,328,256

Crowdstrike

Holdings,

Inc.,

Class

A

(a)

11,374

3,326,895

Datadog,

Inc.,

Class

A

(a)

14,855

1,848,556

Dell

Technologies,

Inc.,

Class

C

12,309

1,020,170

Enphase

Energy,

Inc.

(a)

6,908

719,330

EPAM

Systems,

Inc.

(a)

2,923

812,915

Fair

Isaac

Corp.

(a)

1,166

1,397,836

First

Solar,

Inc.

(a)

5,177

757,395

Fortinet,

Inc.

(a)

33,381

2,152,741

Gartner,

Inc.

(a)

4,043

1,849,430

GLOBALFOUNDRIES,

Inc.

(a)(b)

3,922

215,632

Hewlett

Packard

Enterprise

Co.

64,742

989,905

HP,

Inc.

50,877

1,460,679

HubSpot,

Inc.

(a)

2,329

1,423,019

Intel

Corp.

211,074

9,093,068

International

Business

Machines

Corp.

46,686

8,574,351

Intuit,

Inc.

13,948

8,805,791

Jabil,

Inc.

6,093

763,392

Keysight

Technologies,

Inc.

(a)

9,233

1,415,050

KLA

Corp.

7,080

4,205,803

LAM

Research

Corp.

6,862

5,662,316

Marvell

Technology,

Inc.

44,251

2,995,793

Microchip

Technology,

Inc.

27,659

2,355,994

Micron

Technology,

Inc.

55,445

4,754,409

Microsoft

Corp.

373,932

148,667,885

MongoDB,

Inc.,

Class

A

(a)

3,409

1,365,373

Monolithic

Power

Systems,

Inc.

2,299

1,385,653

Motorola

Solutions,

Inc.

8,641

2,760,799

NetApp,

Inc.

10,425

909,060

NVIDIA

Corp.

121,056

74,482,125

Okta,

Inc.,

Class

A

(a)

7,691

635,661

ON

Semiconductor

Corp.

(a)

22,360

1,590,467

Oracle

Corp.

79,760

8,909,192

Palantir

Technologies,

Inc.,

Class

A

(a)

96,569

1,553,795

Palo

Alto

Networks,

Inc.

(a)

15,503

5,247,920

PTC,

Inc.

(a)

5,452

984,904

QUALCOMM,

Inc.

56,247

8,353,242

Roper

Technologies,

Inc.

5,505

2,956,185

Salesforce,

Inc.

(a)

47,823

13,442,567

Seagate

Technology

Holdings

PLC

9,663

827,926

ServiceNow,

Inc.

(a)

10,375

7,941,025

Skyworks

Solutions,

Inc.

8,344

871,614

Snowflake,

Inc.,

Class

A

(a)

13,983

2,735,634

Splunk,

Inc.

(a)

7,686

1,178,802

Synopsys,

Inc.

(a)

7,866

4,195,331

TE

Connectivity

Ltd.

16,494

2,345,282

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Information

Technology

–

29.9%

(continued)

Teledyne

Technologies,

Inc.

(a)

2,362

988,426

Teradyne,

Inc.

(b)

7,820

755,334

Texas

Instruments,

Inc.

45,417

7,272,170

Trimble,

Inc.

(a)

12,901

656,145

Tyler

Technologies,

Inc.

(a)

2,018

853,109

VeriSign,

Inc.

(a)

4,425

880,044

Western

Digital

Corp.

(a)

16,236

929,511

Workday,

Inc.,

Class

A

(a)

10,444

3,039,935

Zebra

Technologies

Corp.,

Class

A

(a)

2,679

641,754

Zoom

Video

Communications,

Inc.,

Class

A

(a)

13,366

863,577

Zscaler,

Inc.

(a)

4,409

1,039,069

628,514,624

Materials

–

2.2%

Air

Products

&

Chemicals,

Inc.

10,899

2,786,983

Albemarle

Corp.

6,176

708,634

Amcor

PLC

82,548

778,428

Avery

Dennison

Corp.

4,080

813,756

Ball

Corp.

16,297

903,669

Celanese

Corp.,

Class

A

5,552

812,202

CF

Industries

Holdings,

Inc.

10,083

761,367

Corteva,

Inc.

34,107

1,551,186

CRH

PLC

35,800

2,569,008

Dow,

Inc.

37,718

2,021,685

DuPont

de

Nemours,

Inc.

21,681

1,339,886

Ecolab,

Inc.

12,495

2,476,759

Freeport-McMoRan,

Inc.

70,014

2,778,856

International

Flavors

&

Fragrances,

Inc.,

Class

W

13,260

1,069,817

Linde

PLC

25,149

10,181,070

LyondellBasell

Industries

NV,

Class

A

13,300

1,251,796

Martin

Marietta

Materials,

Inc.

3,274

1,664,567

Mosaic

Co.

(The)

18,035

553,855

Newmont

Corp.

42,346

1,461,360

Nucor

Corp.

13,025

2,434,763

PPG

Industries,

Inc.

12,142

1,712,508

Sherwin-Williams

Co.

(The)

12,121

3,689,390

Southern

Copper

Corp.

4,190

343,999

Steel

Dynamics,

Inc.

7,813

942,951

Vulcan

Materials

Co.

6,692

1,512,459

Westlake

Corp.

1,576

218,039

47,338,993

Real

Estate

–

2.3%

Alexandria

Real

Estate

Equities,

Inc.

(c)

9,429

1,139,966

American

Tower

Corp.

(c)

23,282

4,555,123

AvalonBay

Communities,

Inc.

(c)

7,183

1,285,829

Camden

Property

Trust

(c)

5,846

548,589

CBRE

Group,

Inc.,

Class

A

(a)

15,854

1,368,359

CoStar

Group,

Inc.

(a)

20,605

1,720,105

Crown

Castle,

Inc.

(c)

20,994

2,272,601

Digital

Realty

Trust,

Inc.

(c)

15,664

2,200,165

Equinix,

Inc.

(c)

4,776

3,962,982

Equity

Residential

(c)

19,422

1,169,010

Essex

Property

Trust,

Inc.

(c)

3,274

763,726

Extra

Space

Storage,

Inc.

(c)

10,750

1,552,730

Healthpeak

Properties,

Inc.

(c)

33,739

624,172

Invitation

Homes,

Inc.

(c)

28,793

948,153

Iron

Mountain,

Inc.

(c)

13,870

936,502

Mid-America

Apartment

Communities,

Inc.

(c)

6,211

784,946

NET

Lease

Office

Properties

(c)

656

16,256

Prologis,

Inc.

(c)

46,026

5,831,034

Public

Storage

(c)

7,691

2,178,014

5

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Real

Estate

–

2.3%

(continued)

Realty

Income

Corp.

(c)

37,490

2,039,081

SBA

Communications

Corp.,

Class

A

(c)

5,562

1,245,109

Simon

Property

Group,

Inc.

(c)

16,744

2,320,886

Sun

Communities,

Inc.

(c)

6,404

802,741

UDR,

Inc.

(c)

16,247

585,217

Ventas,

Inc.

(c)

20,576

954,521

VICI

Properties,

Inc.,

Class

A

(c)

51,756

1,558,891

W.P.

Carey,

Inc.

(b)(c)

11,612

719,480

Welltower,

Inc.

(c)

26,702

2,309,990

Weyerhaeuser

Co.

(c)

37,381

1,224,975

47,619,153

Utilities

–

2.1%

Alliant

Energy

Corp.

12,712

618,566

Ameren

Corp.

13,510

939,891

American

Electric

Power

Co.,

Inc.

25,020

1,955,063

American

Water

Works

Co.,

Inc.

10,192

1,264,012

Atmos

Energy

Corp.

7,166

816,494

Avangrid,

Inc.

6,711

203,880

CenterPoint

Energy,

Inc.

33,081

924,283

CMS

Energy

Corp.

15,337

876,663

Consolidated

Edison,

Inc.

17,242

1,567,298

Constellation

Energy

Corp.

16,653

2,031,666

Dominion

Energy,

Inc.

40,458

1,849,740

DTE

Energy

Co.

11,372

1,198,836

Duke

Energy

Corp.

38,143

3,655,244

Edison

International

19,407

1,309,584

Entergy

Corp.

11,338

1,131,079

Evergy,

Inc.

13,441

682,399

Eversource

Energy

19,422

1,053,061

Exelon

Corp.

51,549

1,794,421

FirstEnergy

Corp.

28,423

1,042,556

NextEra

Energy,

Inc.

101,348

5,942,033

PG&E

Corp.

126,817

2,139,403

PPL

Corp.

38,868

1,018,341

Public

Service

Enterprise

Group,

Inc.

26,376

1,529,544

Sempra

30,718

2,198,180

Southern

Co.

(The)

54,819

3,811,017

WEC

Energy

Group,

Inc.

17,003

1,373,162

Xcel

Energy,

Inc.

28,701

1,718,329

44,644,745

Total

Common

Stocks

(cost

$1,797,437,926)

2,095,836,696

Investment

Companies

–

0.1%

Registered

Investment

Companies

–

0.1%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$2,212,064)

2,212,064

2,212,064

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.0%

Registered

Investment

Companies

–

0.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$642,606)

642,606

642,606

Total

Investments

(cost

$1,800,292,596)

99.9%

2,098,691,366

Cash

and

Receivables

(Net)

0.1%

1,231,481

Net

Assets

100.0%

2,099,922,847

(a)

Non-income

producing

security.

(b)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2024,

the

value

of

the

fund’s

securities

on

loan

was

$24,740,414

and

the

value

of

the

collateral

was

$25,661,365,

consisting

of

cash

collateral

of

$642,606

and

U.S.

Government

&

Agency

securities

valued

at

$25,018,759.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

6

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

(c)

Investment

in

a

real

estate

investment

trust.

(d)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(e)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2024.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

($)

Futures

Long

S&P

500

E-mini

15

3/15/2024

3,597,060

3,652,875

55,815

Gross

Unrealized

Appreciation

55,815

7

STATEMENT

OF

INVESTMENTS

January

31,

2024

(Unaudited)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.6%

Communication

Services

–

2.9%

Interpublic

Group

of

Cos.,

Inc.

(The)

59,580

1,965,544

Iridium

Communications,

Inc.

17,637

639,518

Liberty

Broadband

Corp.,

Class

A

(a)

2,538

197,507

Liberty

Broadband

Corp.,

Class

C

(a)

17,645

1,384,250

Match

Group,

Inc.

(a)

42,452

1,629,308

New

York

Times

Co.

(The),

Class

A

24,756

1,202,151

News

Corp.,

Class

A

58,656

1,445,284

News

Corp.,

Class

B

16,635

425,357

Nexstar

Media

Group,

Inc.,

Class

A

5,148

914,851

Paramount

Global,

Class

B

74,779

1,091,026

Roku,

Inc.,

Class

A

(a)

19,023

1,675,165

Tko

Group

Holdings,

Inc.

8,360

699,648

ZoomInfo

Technologies,

Inc.,

Class

A

(a)

43,540

698,382

13,967,991

Consumer

Discretionary

–

14.4%

ADT,

Inc.

55,095

359,770

Aramark

38,483

1,119,086

Asbury

Automotive

Group,

Inc.

(a)

3,163

661,257

Autoliv,

Inc.

11,795

1,263,480

AutoNation,

Inc.

(a)

4,404

615,063

Bath

&

Body

Works,

Inc.

34,905

1,489,047

BorgWarner,

Inc.

35,776

1,212,806

Boyd

Gaming

Corp.

11,155

708,231

Brunswick

Corp.

10,751

867,391

Burlington

Stores,

Inc.

(a)

10,044

1,919,911

Caesars

Entertainment,

Inc.

(a)

31,974

1,402,699

Capri

Holdings

Ltd.

(a)

17,539

854,851

CarMax,

Inc.

(a)

24,449

1,740,280

Carvana

Co.,

Class

A

(a)

13,037

561,373

Chewy,

Inc.,

Class

A

(a)(b)

18,173

323,843

Choice

Hotels

International,

Inc.

4,816

583,314

Churchill

Downs,

Inc.

10,267

1,241,999

Crocs,

Inc.

(a)

9,386

952,491

Deckers

Outdoor

Corp.

(a)

4,002

3,016,428

Dick's

Sporting

Goods,

Inc.

9,444

1,407,817

Domino's

Pizza,

Inc.

5,434

2,316,080

Duolingo,

Inc.,

Class

A

(a)

4,809

860,282

Etsy,

Inc.

(a)

18,644

1,240,945

Five

Below,

Inc.

(a)

8,432

1,513,207

Floor

&

Decor

Holdings,

Inc.,

Class

A

(a)

16,207

1,629,776

GameStop

Corp.,

Class

A

(a)(b)

41,044

584,056

Gentex

Corp.

36,026

1,193,541

H&R

Block,

Inc.

22,529

1,055,258

Harley-Davidson,

Inc.

22,088

716,756

Hasbro,

Inc.

19,656

962,161

Hyatt

Hotels

Corp.,

Class

A

6,916

887,807

International

Game

Technology

PLC

16,076

417,333

Lear

Corp.

9,174

1,219,225

Levi

Strauss

&

Co.,

Class

A

14,919

242,881

Light

&

Wonder,

Inc.

(a)

13,937

1,120,256

Lithia

Motors,

Inc.,

Class

A

4,158

1,225,986

LKQ

Corp.

39,376

1,837,678

Mattel,

Inc.

(a)

54,283

971,123

Mohawk

Industries,

Inc.

(a)

8,107

845,155

Murphy

USA,

Inc.

3,064

1,080,121

Norwegian

Cruise

Line

Holdings

Ltd.

(a)

64,441

1,147,050

Penske

Automotive

Group,

Inc.

2,803

415,881

Polaris,

Inc.

8,264

743,429

PVH

Corp.

9,295

1,117,817

Ralph

Lauren

Corp.,

Class

A

6,132

880,984

RH

(a)

2,307

584,778

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.6%

(continued)

Consumer

Discretionary

–

14.4%

(continued)

Service

Corp.

International

22,821

1,531,746

SharkNinja,

Inc.

7,600

355,072

Skechers

USA,

Inc.,

Class

A

(a)

20,550

1,283,142

Tapestry,

Inc.

35,264

1,367,891

Tempur

Sealy

International,

Inc.

25,786

1,286,464

Texas

Roadhouse,

Inc.,

Class

A

10,311

1,296,299

Toll

Brothers,

Inc.

16,747

1,663,814

TopBuild

Corp.

(a)

4,883

1,802,462

Vail

Resorts,

Inc.

5,918

1,313,796

Valvoline,

Inc.

(a)

21,370

779,791

VF

Corp.

56,485

929,743

Wayfair,

Inc.,

Class

A

(a)

13,508

678,777

Whirlpool

Corp.

8,197

897,735

Williams-Sonoma,

Inc.

9,305

1,799,494

Wyndham

Hotels

&

Resorts,

Inc.

12,974

1,011,064

Wynn

Resorts

Ltd.

15,012

1,417,583

68,525,576

Consumer

Staples

–

3.8%

BJ's

Wholesale

Club

Holdings,

Inc.

(a)

20,465

1,316,718

Casey's

General

Stores,

Inc.

5,707

1,548,652

Celsius

Holdings,

Inc.

(a)(b)

17,615

878,988

Coca-Cola

Consolidated,

Inc.

725

624,508

Coty,

Inc.,

Class

A

(a)

54,813

662,141

Darling

Ingredients,

Inc.

(a)

24,491

1,060,460

e.l.f

Beauty,

Inc.

(a)

7,932

1,265,392

Flowers

Foods,

Inc.

30,289

690,589

Ingredion,

Inc.

10,177

1,094,740

Lamb

Weston

Holdings,

Inc.

22,096

2,263,514

Lancaster

Colony

Corp.

2,962

544,356

Molson

Coors

Beverage

Co.,

Class

B

27,052

1,671,543

Performance

Food

Group

Co.

(a)

23,526

1,709,870

Pilgrim's

Pride

Corp.

(a)

6,201

168,481

Post

Holdings,

Inc.

(a)

7,864

730,330

Reynolds

Consumer

Products,

Inc.

8,353

226,951

US

Foods

Holding

Corp.

(a)

35,357

1,626,776

18,084,009

Energy

–

4.8%

Antero

Midstream

Corp.

52,009

636,590

Antero

Resources

Corp.

(a)

42,780

955,705

APA

Corp.

47,683

1,493,908

Championx

Corp.

30,360

832,168

Chesapeake

Energy

Corp.

(b)

17,092

1,317,964

Chord

Energy

Corp.

6,117

940,550

Civitas

Resources,

Inc.

12,598

816,476

Hess

Midstream

LP,

Class

A

8,652

292,524

HF

Sinclair

Corp.

20,900

1,180,641

Matador

Resources

Co.

16,949

930,331

Murphy

Oil

Corp.

22,882

885,533

New

Fortress

Energy,

Inc.,

Class

A

(b)

12,755

423,849

Noble

Corp.

PLC

16,825

742,487

NOV,

Inc.

60,401

1,178,424

Ovintiv,

Inc.

37,464

1,589,223

PBF

Energy,

Inc.,

Class

A

17,232

870,388

Permian

Resources

Corp.,

Class

A

39,304

529,818

Range

Resources

Corp.

36,725

1,066,494

Scorpio

Tankers,

Inc.

7,206

509,464

Southwestern

Energy

Co.

(a)

167,076

1,077,640

TechnipFMC

PLC

67,729

1,309,879

Texas

Pacific

Land

Corp.

1,195

1,746,289

Transocean

Ltd.

(a)

104,473

570,423

8

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.6%

(continued)

Energy

–

4.8%

(continued)

Weatherford

International

PLC

(a)

10,914

977,349

22,874,117

Financials

–

12.7%

Affiliated

Managers

Group,

Inc.

5,332

793,615

AGNC

Investment

Corp.

(b)(c)

93,331

884,778

Ally

Financial,

Inc.

41,965

1,539,276

American

Financial

Group,

Inc.

12,146

1,462,378

Annaly

Capital

Management,

Inc.

(c)

75,280

1,444,623

Assurant,

Inc.

8,175

1,372,991

Axis

Capital

Holdings

Ltd.

11,961

711,919

BOK

Financial

Corp.

4,363

365,794

Carlyle

Group,

Inc.

(The)

29,951

1,198,639

CNA

Financial

Corp.

3,363

148,208

Comerica,

Inc.

20,227

1,063,536

Commerce

Bancshares,

Inc.

19,540

1,018,425

Corebridge

Financial,

Inc.

24,535

593,011

Credit

Acceptance

Corp.

(a)

1,303

705,014

Cullen/Frost

Bankers,

Inc.

9,227

979,169

Dlocal

Ltd.

(a)

13,074

210,622

East

West

Bancorp,

Inc.

21,752

1,583,763

Equitable

Holdings,

Inc.

53,757

1,757,316

Erie

Indemnity

Co.,

Class

A

3,856

1,333,521

Fidelity

National

Financial,

Inc.

40,100

2,006,203

First

American

Financial

Corp.

15,150

914,303

First

Horizon

Corp.

84,451

1,202,582

Globe

Life,

Inc.

14,511

1,782,241

Houlihan

Lokey,

Inc.,

Class

A

7,840

939,075

Invesco

Ltd.

67,486

1,068,303

Jack

Henry

&

Associates,

Inc.

11,228

1,861,939

Jefferies

Financial

Group,

Inc.

29,071

1,184,934

KeyCorp

144,595

2,100,965

Kinsale

Capital

Group,

Inc.

3,342

1,328,679

MarketAxess

Holdings,

Inc.

5,721

1,290,143

Morningstar,

Inc.

4,031

1,125,858

New

York

Community

Bancorp,

Inc.

104,083

673,417

Old

Republic

International

Corp.

40,440

1,133,938

Popular,

Inc.

10,875

929,269

Primerica,

Inc.

5,621

1,316,213

Prosperity

Bancshares,

Inc.

14,001

894,804

Reinsurance

Group

of

America,

Inc.,

Class

A

10,255

1,783,242

RenaissanceRe

Holdings

Ltd.

7,812

1,787,620

RLI

Corp.

6,209

846,721

Robinhood

Markets,

Inc.,

Class

A

(a)

82,793

889,197

Ryan

Specialty

Holdings,

Inc.,

Class

A

(a)

14,913

646,031

SEI

Investments

Co.

16,887

1,067,934

Selective

Insurance

Group,

Inc.

9,171

961,671

Shift4

Payments,

Inc.,

Class

A

(a)(b)

8,646

620,869

SoFi

Technologies,

Inc.

(a)(b)

133,599

1,046,080

SouthState

Corp.

11,563

960,885

Starwood

Property

Trust,

Inc.

(b)(c)

45,438

923,755

Stifel

Financial

Corp.

15,820

1,154,069

Toast,

Inc.,

Class

A

(a)

53,738

954,924

TPG,

Inc.,

Class

A

9,790

407,558

Unum

Group

30,357

1,467,457

UWM

Holdings

Corp.

(b)

12,967

86,879

Voya

Financial,

Inc.

16,279

1,178,111

Webster

Financial

Corp.

26,749

1,323,541

WEX,

Inc.

(a)

6,622

1,353,471

60,379,479

Health

Care

–

9.7%

10X

Genomics,

Inc.,

Class

A

(a)

15,181

632,592

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.6%

(continued)

Health

Care

–

9.7%

(continued)

Acadia

Healthcare

Co.,

Inc.

(a)

13,822

1,135,339

agilon

health,

Inc.

(a)(b)

31,775

187,155

Apellis

Pharmaceuticals,

Inc.

(a)

14,732

932,388

Bausch

+

Lomb

Corp.

(a)

5,818

81,510

Bio-Techne

Corp.

24,202

1,701,885

Bruker

Corp.

15,350

1,097,678

Catalent,

Inc.

(a)

27,591

1,424,799

Charles

River

Laboratories

International,

Inc.

(a)

7,802

1,687,417

Chemed

Corp.

2,254

1,336,149

DaVita,

Inc.

(a)

8,272

894,699

DENTSPLY

SIRONA,

Inc.

32,360

1,124,510

Encompass

Health

Corp.

15,198

1,079,666

Envista

Holdings

Corp.

(a)

25,206

592,341

Exact

Sciences

Corp.

(a)

27,697

1,811,384

Exelixis,

Inc.

(a)

47,447

1,032,447

Globus

Medical,

Inc.,

Class

A

(a)

18,027

951,645

HealthEquity,

Inc.

(a)

12,893

974,453

Henry

Schein,

Inc.

(a)

20,203

1,511,993

Inspire

Medical

Systems,

Inc.

(a)

4,436

935,419

Intra-Cellular

Therapies,

Inc.

(a)

14,454

973,332

Ionis

Pharmaceuticals,

Inc.

(a)

21,602

1,110,127

Jazz

Pharmaceuticals

PLC

(a)

9,732

1,194,311

Karuna

Therapeutics,

Inc.

(a)

5,441

1,705,318

Masimo

Corp.

(a)

7,562

975,044

Medpace

Holdings,

Inc.

(a)

3,580

1,043,856

Neurocrine

Biosciences,

Inc.

(a)

14,711

2,056,156

Option

Care

Health,

Inc.

(a)

26,088

814,989

Penumbra,

Inc.

(a)

5,698

1,436,979

QIAGEN

NV

34,022

1,485,401

QuidelOrtho

Corp.

(a)

7,470

511,770

R1

RCM,

Inc.

(a)

23,265

238,234

Repligen

Corp.

(a)

7,950

1,505,730

Roivant

Sciences

Ltd.

(a)(b)

79,881

798,810

Sarepta

Therapeutics,

Inc.

(a)

13,423

1,597,203

Shockwave

Medical,

Inc.

(a)

5,537

1,252,746

Teleflex,

Inc.

7,279

1,767,560

Tenet

Healthcare

Corp.

(a)

15,327

1,268,156

United

Therapeutics

Corp.

(a)

7,076

1,519,783

Universal

Health

Services,

Inc.,

Class

B

9,311

1,478,680

45,859,654

Industrials

–

20.5%

Acuity

Brands,

Inc.

4,819

1,147,693

Advanced

Drainage

Systems,

Inc.

10,591

1,381,278

AECOM

21,447

1,891,411

AGCO

Corp.

9,557

1,169,108

Alaska

Air

Group,

Inc.

(a)

19,711

706,245

Allegion

PLC

13,585

1,683,046

American

Airlines

Group,

Inc.

(a)

98,696

1,404,444

AO

Smith

Corp.

19,016

1,475,832

API

Group

Corp.

(a)

32,524

1,025,156

Applied

Industrial

Technologies,

Inc.

5,872

1,036,173

Atkore,

Inc.

(a)

5,887

897,944

Avis

Budget

Group,

Inc.

3,049

499,152

BWX

Technologies,

Inc.

14,091

1,148,135

CACI

International,

Inc.,

Class

A

(a)

3,480

1,196,180

Ceridian

HCM

Holding,

Inc.

(a)

23,117

1,607,094

CH

Robinson

Worldwide,

Inc.

17,709

1,489,150

Chart

Industries,

Inc.

(a)(b)

6,459

753,894

Clarivate

PLC

(a)(b)

64,086

572,929

Clean

Harbors,

Inc.

(a)

7,810

1,311,768

9

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.6%

(continued)

Industrials

–

20.5%

(continued)

Comfort

Systems

USA,

Inc.

5,434

1,181,732

Core

&

Main,

Inc.,

Class

A

(a)

16,494

681,367

Curtiss-Wright

Corp.

5,901

1,313,386

Donaldson

Co.,

Inc.

18,641

1,204,022

EMCOR

Group,

Inc.

7,217

1,646,270

ExlService

Holdings,

Inc.

(a)

24,633

770,520

Fortune

Brands

Innovations,

Inc.

19,365

1,502,530

FTI

Consulting,

Inc.

(a)

5,159

988,516

Generac

Holdings,

Inc.

(a)

9,467

1,076,114

Genpact

Ltd.

25,981

932,718

Graco,

Inc.

25,825

2,202,873

GXO

Logistics,

Inc.

(a)

18,016

979,710

Hexcel

Corp.

12,966

860,813

Huntington

Ingalls

Industries,

Inc.

6,031

1,561,547

ITT,

Inc.

12,638

1,526,418

KBR,

Inc.

20,639

1,075,498

Knight-Swift

Transportation

Holdings,

Inc.,

Class

A

23,352

1,339,938

Landstar

System,

Inc.

5,496

1,053,693

Leidos

Holdings,

Inc.

21,110

2,332,022

Lincoln

Electric

Holdings,

Inc.

8,725

1,938,870

Masco

Corp.

34,732

2,337,116

MasTec,

Inc.

(a)

9,735

639,297

Middleby

Corp.

(The)

(a)

8,076

1,139,281

MSA

Safety,

Inc.

5,689

938,856

NEXTracker,

Inc.,

Class

A

(a)

18,255

826,404

nVent

Electric

PLC

24,950

1,497,998

Oshkosh

Corp.

10,034

1,104,743

Owens

Corning

13,866

2,101,115

Parsons

Corp.

(a)

6,300

410,445

Paylocity

Holding

Corp.

(a)

6,490

1,028,081

Pentair

PLC

25,541

1,868,835

RBC

Bearings,

Inc.

(a)

4,401

1,181,845

Regal

Rexnord

Corp.

10,129

1,351,816

Robert

Half,

Inc.

16,076

1,278,685

Saia,

Inc.

(a)

4,098

1,846,477

Science

Applications

International

Corp.

8,200

1,046,812

Sensata

Technologies

Holding

PLC

23,447

848,078

Simpson

Manufacturing

Co.,

Inc.

6,551

1,185,665

SiteOne

Landscape

Supply,

Inc.

(a)

6,839

1,056,967

Snap-On,

Inc.

8,071

2,340,025

Tetra

Tech,

Inc.

8,196

1,296,443

Textron,

Inc.

30,147

2,553,752

Timken

Co.

(The)

10,000

819,100

Toro

Co.

(The)

15,893

1,469,785

Trex

Co.,

Inc.

(a)

16,720

1,362,346

TriNet

Group,

Inc.

(a)

8,540

970,998

UFP

Industries,

Inc.

9,306

1,055,766

U-Haul

Holding

Co.

(a)

1,453

96,276

U-Haul

Holding

Co.,

Class

B

15,499

989,921

Valmont

Industries,

Inc.

3,158

712,792

Vertiv

Holdings

Co.,

Class

A

53,573

3,017,767

Watsco,

Inc.

5,137

2,008,464

Watts

Water

Technologies,

Inc.,

Class

A

4,148

821,345

WESCO

International,

Inc.

6,906

1,198,329

Willscot

Mobile

Mini

Holdings

Corp.,

Class

A

(a)

29,885

1,413,561

Woodward,

Inc.

8,620

1,187,577

XPO,

Inc.

(a)

17,560

1,500,326

97,068,278

Information

Technology

–

14.5%

Allegro

MicroSystems,

Inc.

(a)

11,319

293,615

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.6%

(continued)

Information

Technology

–

14.5%

(continued)

Altair

Engineering,

Inc.,

Class

A

(a)

8,087

687,557

Amkor

Technology,

Inc.

16,759

530,590

Appfolio,

Inc.,

Class

A

(a)

2,805

615,024

AppLovin

Corp.,

Class

A

(a)

27,508

1,131,404

Arrow

Electronics,

Inc.

(a)

8,706

967,672

Axcelis

Technologies,

Inc.

(a)

4,973

646,739

BILL

Holdings,

Inc.

(a)

15,491

1,209,073

CCC

Intelligent

Solutions

Holdings,

Inc.

(a)

26,983

296,543

Ciena

Corp.

(a)

22,792

1,207,976

Cognex

Corp.

26,336

951,783

Coherent

Corp.

(a)

20,196

960,118

Confluent,

Inc.,

Class

A

(a)

32,279

721,758

DocuSign,

Inc.,

Class

A

(a)

31,140

1,897,049

Dolby

Laboratories,

Inc.,

Class

A

9,129

759,350

DoubleVerify

Holdings,

Inc.

(a)

17,583

703,496

Dropbox,

Inc.,

Class

A

(a)

39,851

1,262,480

Dynatrace,

Inc.

(a)

36,493

2,080,101

Elastic

NV

(a)

12,182

1,426,025

Entegris,

Inc.

23,042

2,712,043

F5,

Inc.

(a)

9,318

1,711,717

Fabrinet

(a)

5,584

1,192,240

Flex

Ltd.

(a)

68,167

1,618,285

Freshworks,

Inc.,

Class

A

(a)

24,472

543,278

GEN

Digital,

Inc.

95,896

2,251,638

Gitlab,

Inc.,

Class

A

(a)

11,961

850,547

Globant

SA

(a)

6,386

1,505,883

GoDaddy,

Inc.,

Class

A

(a)

22,591

2,409,556

Guidewire

Software,

Inc.

(a)

12,380

1,382,598

Informatica,

Inc.,

Class

A

(a)

17,356

520,680

IPG

Photonics

Corp.

(a)

4,523

442,756

Juniper

Networks,

Inc.

49,212

1,818,876

Lattice

Semiconductor

Corp.

(a)

20,889

1,271,305

Littelfuse,

Inc.

3,767

911,237

MACOM

Technology

Solutions

Holdings,

Inc.

(a)

8,345

719,589

Manhattan

Associates,

Inc.

(a)

9,490

2,301,894

MicroStrategy,

Inc.,

Class

A

(a)(b)

1,866

935,258

MKS

Instruments,

Inc.

9,715

1,034,162

Novanta,

Inc.

(a)

5,470

845,388

Nutanix,

Inc.,

Class

A

(a)

36,224

2,035,789

Onto

Innovation,

Inc.

(a)

7,497

1,210,765

Procore

Technologies,

Inc.

(a)

19,216

1,371,830

Pure

Storage,

Inc.,

Class

A

(a)

44,532

1,780,835

Qorvo,

Inc.

(a)

15,288

1,524,825

Qualys,

Inc.

(a)

5,552

1,050,272

Rambus,

Inc.

(a)

16,686

1,143,492

Samsara,

Inc.,

Class

A

(a)

24,043

754,950

Smartsheet,

Inc.,

Class

A

(a)

19,723

886,943

SolarEdge

Technologies,

Inc.

(a)(b)

8,595

571,567

SPS

Commerce,

Inc.

(a)

5,585

1,026,523

Super

Micro

Computer,

Inc.

(a)

7,030

3,723,158

TD

Synnex

Corp.

7,431

742,951

Twilio,

Inc.,

Class

A

(a)

26,815

1,885,899

UiPath,

Inc.,

Class

A

(a)

60,003

1,378,869

Unity

Software,

Inc.

(a)(b)

37,932

1,228,997

Universal

Display

Corp.

6,744

1,144,929

68,789,877

Materials

–

6.6%

Alcoa

Corp.

27,325

812,919

Anglogold

Ashanti

PLC

(b)

64,832

1,142,340

AptarGroup,

Inc.

10,070

1,307,892

Axalta

Coating

Systems

Ltd.

(a)

34,124

1,106,300

10

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.6%

(continued)

Materials

–

6.6%

(continued)

Berry

Global

Group,

Inc.

18,387

1,203,613

Cleveland-Cliffs,

Inc.

(a)

78,086

1,565,624

Commercial

Metals

Co.

17,872

933,276

Crown

Holdings,

Inc.

18,278

1,617,603

Eagle

Materials,

Inc.

5,428

1,228,248

Eastman

Chemical

Co.

18,363

1,534,229

FMC

Corp.

18,938

1,064,316

Graphic

Packaging

Holding

Co.

46,940

1,197,439

International

Paper

Co.

52,696

1,888,098

Olin

Corp.

19,238

1,001,723

Packaging

Corp.

of

America

13,740

2,279,191

Reliance

Steel

&

Aluminum

Co.

9,036

2,579,055

Royal

Gold,

Inc.

10,057

1,150,420

RPM

International,

Inc.

19,702

2,101,415

Sealed

Air

Corp.

22,120

764,246

Silgan

Holdings,

Inc.

12,993

596,898

Sonoco

Products

Co.

14,985

852,646

United

States

Steel

Corp.

34,558

1,624,917

Westrock

Co.

39,507

1,590,552

31,142,960

Real

Estate

–

6.7%

Agree

Realty

Corp.

(c)

14,674

874,717

American

Homes

4

Rent,

Class

A

(c)

51,510

1,805,426

Americold

Realty

Trust,

Inc.

(c)

41,399

1,138,473

Apartment

Income

REIT

Corp.

(c)

22,929

749,549

Boston

Properties,

Inc.

(c)

24,280

1,614,620

Brixmor

Property

Group,

Inc.

(c)

46,087

1,034,192

CubeSmart

(c)

34,627

1,496,579

EastGroup

Properties,

Inc.

(c)

6,915

1,226,929

Equity

LifeStyle

Properties,

Inc.

(c)

27,439

1,857,346

Federal

Realty

Investment

Trust

(c)

11,468

1,166,640

First

Industrial

Realty

Trust,

Inc.

(c)

20,287

1,045,186

Gaming

and

Leisure

Properties,

Inc.

(c)

39,059

1,783,043

Healthcare

Realty

Trust,

Inc.,

Class

A

(c)

58,513

942,644

Host

Hotels

&

Resorts,

Inc.

(c)

108,762

2,090,406

Jones

Lang

LaSalle,

Inc.

(a)

7,303

1,293,069

Kimco

Realty

Corp.

(c)

93,709

1,892,922

Lamar

Advertising

Co.,

Class

A

(c)

13,305

1,392,767

NNN

REIT,

Inc.

(c)

27,997

1,129,399

OMEGA

Healthcare

Investors

REIT,

Inc.

(c)

37,774

1,095,446

Regency

Centers

Corp.

(c)

27,786

1,741,349

Rexford

Industrial

Realty,

Inc.

(c)

31,612

1,662,475

STAG

Industrial,

Inc.

(c)

27,728

1,024,272

Zillow

Group,

Inc.,

Class

A

(a)

8,570

472,121

Zillow

Group,

Inc.,

Class

C

(a)

23,798

1,352,678

31,882,248

Utilities

–

3.0%

AES

Corp.

(The)

102,916

1,716,639

Brookfield

Renewable

Corp.,

Class

A

27,582

770,089

Essential

Utilities,

Inc.

41,060

1,472,412

IDACORP,

Inc.,

Class

Rights

7,747

717,217

National

Fuel

Gas

Co.

13,560

639,490

NiSource,

Inc.

63,379

1,645,953

NRG

Energy,

Inc.

34,408

1,825,000

OGE

Energy

Corp.

30,755

1,022,296

Pinnacle

West

Capital

Corp.

17,583

1,211,469

UGI

Corp.

32,104

710,783

Vistra

Corp.

55,383

2,272,364

14,003,712

Total

Common

Stocks

(cost

$439,363,344)

472,577,901

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Investment

Companies

–

0.3%

Registered

Investment

Companies

–

0.3%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$1,628,867)

1,628,867

1,628,867

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.8%

Registered

Investment

Companies

–

0.8%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$3,756,676)

3,756,676

3,756,676

Total

Investments

(cost

$444,748,887)

100.7%

477,963,444

Liabilities,

Less

Cash

and

Receivables

(0.7)%

(3,323,694)

Net

Assets

100.0%

474,639,750

REIT—Real

Estate

Investment

Trust

(a)

Non-income

producing

security.

(b)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2024,

the

value

of

the

fund’s

securities

on

loan

was

$11,994,695

and

the

value

of

the

collateral

was

$12,630,203,

consisting

of

cash

collateral

of

$3,756,676

and

U.S.

Government

&

Agency

securities

valued

at

$8,873,527.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(c)

Investment

in

a

real

estate

investment

trust.

(d)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(e)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2024.

11

See

Notes

to

Statements

of

Investments

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

(Depreciation)

($)

Futures

Long

S&P

MidCap

400

E-mini

4

3/15/2024

1,102,319

1,097,320

(4,999)

S&P

500

E-mini

3

3/15/2024

724,372

730,575

6,203

Gross

Unrealized

Appreciation

6,203

Gross

Unrealized

Depreciation

(4,999)

12

STATEMENT

OF

INVESTMENTS

January

31,

2024

(Unaudited)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.8%

Communication

Services

–

2.3%

Atlanta

Braves

Holdings,

Inc.,

Class

A

(a)

403

17,357

Atlanta

Braves

Holdings,

Inc.,

Class

C

(a)

2,569

103,556

Bumble,

Inc.,

Class

A

(a)

6,272

86,052

Cable

One,

Inc.

273

149,858

Cargurus,

Inc.,

Class

A

(a)

5,092

118,338

Cinemark

Holdings,

Inc.

(a)

6,764

93,546

Cogent

Communications

Holdings,

Inc.

2,607

201,260

Frontier

Communications

Parent,

Inc.

(a)

13,334

328,416

IAC,

Inc.

(a)

4,517

226,799

Integral

Ad

Science

Holding

Corp.

(a)

3,237

47,098

John

Wiley

&

Sons,

Inc.,

Class

A

2,623

88,762

Lions

Gate

Entertainment

Corp.,

Class

A

(a)

3,718

38,779

Lions

Gate

Entertainment

Corp.,

Class

B

(a)

7,621

73,924

Madison

Square

Garden

Sports

Corp.

(a)

995

184,175

Playtika

Holding

Corp.

(a)

2,831

20,440

Rumble,

Inc.

(a)(b)

4,682

32,072

TEGNA,

Inc.

12,037

187,657

TripAdvisor,

Inc.

(a)

6,558

141,653

United

States

Cellular

Corp.

(a)

855

37,962

Yelp,

Inc.,

Class

A

(a)

3,943

172,427

Ziff

Davis,

Inc.

(a)

2,847

191,888

2,542,019

Consumer

Discretionary

–

13.4%

Abercrombie

&

Fitch

Co.,

Class

A

(a)

2,975

303,152

Academy

Sports

&

Outdoors,

Inc.

4,498

282,160

Acushnet

Holdings

Corp.

1,820

115,279

Adient

PLC

(a)

5,684

197,292

Advance

Auto

Parts,

Inc.

3,625

242,331

American

Eagle

Outfitters,

Inc.

11,087

219,744

Boot

Barn

Holdings,

Inc.

(a)

1,824

130,854

Bowlero

Corp.

(a)(b)

2,058

22,247

Bright

Horizons

Family

Solutions,

Inc.

(a)

3,513

345,152

Camping

World

Holdings,

Inc.,

Class

A

2,461

61,156

Carter's,

Inc.

2,251

170,266

Cava

Group,

Inc.

(a)

6,879

321,937

Cavco

Industries,

Inc.

(a)

498

165,296

Cheesecake

Factory,

Inc.

(The)

2,969

102,045

Columbia

Sportswear

Co.

2,169

171,915

Coursera,

Inc.

(a)

6,816

130,458

Dana,

Inc.

8,874

120,331

Dillard's,

Inc.,

Class

A

506

195,959

Dorman

Products,

Inc.

(a)

1,630

132,698

Dutch

Bros,

Inc.,

Class

A

(a)

2,554

68,575

Fisker,

Inc.

(a)(b)

12,548

10,069

Foot

Locker,

Inc.

4,909

138,237

Fox

Factory

Holding

Corp.

(a)

2,548

160,626

Frontdoor,

Inc.

(a)

5,011

164,160

Gap,

Inc.

(The)

13,484

252,016

Gentherm,

Inc.

(a)

2,033

97,889

Goodyear

Tire

&

Rubber

Co.

(The)

(a)

17,074

238,012

Graham

Holdings

Co.,

Class

B

177

127,511

Grand

Canyon

Education,

Inc.

(a)

1,839

240,155

Group

1

Automotive,

Inc.

839

218,190

Helen

of

Troy

Ltd.

(a)

1,465

167,743

Hilton

Grand

Vacations,

Inc.

(a)

4,685

195,364

Installed

Building

Products,

Inc.

1,447

281,948

KB

Home

4,771

284,304

Kohl's

Corp.

6,495

167,311

Kontoor

Brands,

Inc.

3,387

198,546

Krispy

Kreme,

Inc.

(b)

4,577

60,828

Laureate

Education,

Inc.,

Class

A

8,129

102,588

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Consumer

Discretionary

–

13.4%

(continued)

LCI

Industries

1,490

165,807

Leggett

&

Platt,

Inc.

8,050

186,841

LGI

Homes,

Inc.

(a)

1,260

148,693

Life

Time

Group

Holdings,

Inc.

(a)

3,477

46,244

Luminar

Technologies,

Inc.,

Class

A

(a)(b)

15,401

41,891

M/I

Homes,

Inc.

(a)

1,699

216,487

Macy's,

Inc.

16,537

302,462

Marriott

Vacations

Worldwide

Corp.

2,075

174,072

MDC

Holdings,

Inc.

3,647

228,229

Meritage

Homes

Corp.

2,194

363,348

Mister

Car

Wash,

Inc.

(a)(b)

5,333

44,264

Modine

Manufacturing

Co.

(a)

3,117

215,354

Newell

Brands,

Inc.

23,763

197,708

Nordstrom,

Inc.

(b)

5,919

107,430

Ollie's

Bargain

Outlet

Holdings,

Inc.

(a)

3,800

273,334

Papa

John's

International,

Inc.

1,844

135,497

Peloton

Interactive,

Inc.,

Class

A

(a)

18,340

101,970

Penn

Entertainment,

Inc.

(a)

9,104

205,295

Planet

Fitness,

Inc.,

Class

A

(a)

5,063

343,069

QuantumScape

Corp.,

Class

A

(a)(b)

20,382

138,801

Red

Rock

Resorts,

Inc.,

Class

A

3,018

165,024

Savers

Value

Village,

Inc.

(a)(b)

1,139

21,288

SeaWorld

Entertainment,

Inc.

(a)

1,963

96,972

Shake

Shack,

Inc.,

Class

A

(a)

2,300

173,788

Signet

Jewelers

Ltd.

2,634

262,030

Skyline

Champion

Corp.

(a)

3,418

234,065

Sonos,

Inc.

(a)

7,399

115,276

Steven

Madden

Ltd.

4,413

184,816

Taylor

Morrison

Home

Corp.,

Class

A

(a)

6,397

333,540

Thor

Industries,

Inc.

3,103

350,701

Topgolf

Callaway

Brands

Corp.

(a)

8,599

113,249

Travel

+

Leisure

Co.

4,314

174,372

TRI

Pointe

Group,

Inc.

(a)

5,922

204,487

Under

Armour,

Inc.,

Class

A

(a)

11,395

86,830

Under

Armour,

Inc.,

Class

C

(a)

9,988

73,911

Upbound

Group,

Inc.,

Class

A

2,992

99,334

Urban

Outfitters,

Inc.

(a)

3,524

133,912

Visteon

Corp.

(a)

1,717

197,953

Wendy's

Co.

(The)

11,803

225,201

Wingstop,

Inc.

1,791

503,468

Winnebago

Industries,

Inc.

1,766

116,062

Worthington

Enterprises,

Inc.

1,899

108,319

YETI

Holdings,

Inc.

(a)

5,261

231,326

14,447,064

Consumer

Staples

–

3.2%

BellRing

Brands,

Inc.

(a)

8,037

444,205

Boston

Beer

Co.,

Inc.

(The),

Class

A

(a)

579

202,227

Cal-Maine

Foods,

Inc.

2,514

139,326

Central

Garden

&

Pet

Co.

(a)

564

26,452

Central

Garden

&

Pet

Co.,

Class

A

(a)

2,384

98,411

Edgewell

Personal

Care

Co.

3,138

116,263

Energizer

Holdings,

Inc.

4,002

126,543

Freshpet,

Inc.

(a)

2,859

246,160

Grocery

Outlet

Holding

Corp.

(a)

5,456

135,200

Inter

Parfums,

Inc.

1,111

154,596

J&J

Snack

Foods

Corp.

920

146,492

MGP

Ingredients,

Inc.

832

70,678

National

Beverage

Corp.

(a)

1,305

60,343

PriceSmart,

Inc.

1,573

119,579

Primo

Water

Corp.

9,519

138,787

Simply

Good

Foods

Co.

(The)

(a)

5,516

208,505

13

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Consumer

Staples

–

3.2%

(continued)

Sovos

Brands,

Inc.

(a)

2,996

66,062

Spectrum

Brands

Holdings,

Inc.

2,158

169,662

Sprouts

Farmers

Market,

Inc.

(a)

6,263

315,467

Tootsie

Roll

Industries,

Inc.

863

28,125

TreeHouse

Foods,

Inc.

(a)

3,446

145,077

Utz

Brands,

Inc.

3,963

70,145

WD-40

Co.

824

213,400

Weis

Markets,

Inc.

987

59,960

3,501,665

Energy

–

4.2%

Cactus,

Inc.,

Class

A

3,938

167,129

California

Resources

Corp.

3,489

166,356

Callon

Petroleum

Co.

(a)

3,404

109,337

CNX

Resources

Corp.

(a)

9,645

194,829

Comstock

Resources,

Inc.

(b)

5,488

42,861

CONSOL

Energy,

Inc.

1,925

182,105

Crescent

Energy

Co.,

Class

A

(b)

4,182

46,211

CVR

Energy,

Inc.

1,775

59,871

DT

Midstream,

Inc.

5,906

317,093

Equitrans

Midstream

Corp.

26,352

268,527

Excelerate

Energy,

Inc.,

Class

A

1,076

16,484

Expro

Group

Holdings

NV

(a)

6,102

107,395

Golar

LNG

Ltd.

6,177

134,720

Gulfport

Energy

Corp.

(a)

1,109

140,732

Helmerich

&

Payne,

Inc.

5,900

237,534

Kinetik

Holdings,

Inc.,

Class

A

1,021

33,203

Kosmos

Energy

Ltd.

(a)

27,677

167,723

Liberty

Energy,

Inc.,

Class

A

10,099

209,958

Magnolia

Oil

&

Gas

Corp.,

Class

A

10,970

226,201

Northern

Oil

&

Gas,

Inc.

5,026

168,371

Oceaneering

International,

Inc.

(a)

6,106

126,883

Patterson-UTI

Energy,

Inc.

23,480

260,393

Peabody

Energy

Corp.

6,844

182,735

Sitio

Royalties

Corp.,

Class

A

(b)

4,970

106,010

SM

Energy

Co.

7,237

268,348

Tidewater,

Inc.

(a)

2,942

197,673

Valaris

Ltd.

(a)

4,258

263,443

Viper

Energy,

Inc.,

Class

A

3,911

122,101

4,524,226

Financials

–

17.9%

Affirm

Holdings,

Inc.,

Class

A

(a)

13,611

551,382

American

Equity

Investment

Life

Holding

Co.

(a)

3,775

208,418

Ameris

Bancorp

4,028

199,950

Arbor

Realty

Trust,

Inc.

(b)(c)

10,307

137,083

Artisan

Partners

Asset

Management,

Inc.,

Class

A

4,108

172,125

Associated

Banc-Corp.

9,148

192,199

Assured

Guaranty

Ltd.

3,428

278,114

Atlantic

Union

Bankshares

Corp.

4,482

153,105

Axos

Financial,

Inc.

(a)

3,313

183,640

BancFirst

Corp.

1,234

109,221

Bank

OZK

6,591

297,320

BGC

Group,

Inc.,

Class

A

22,423

158,306

Blackstone

Mortgage

Trust,

Inc.,

Class

A

(c)

10,088

199,137

Brighthouse

Financial,

Inc.

(a)

4,050

209,668

BRP

Group,

Inc.,

Class

A

(a)

3,782

84,868

Cadence

Bank

11,011

293,113

Cathay

General

Bancorp

4,225

173,943

CNO

Financial

Group,

Inc.

6,865

186,591

Cohen

&

Steers,

Inc.

1,536

108,165

Columbia

Banking

System,

Inc.

12,606

254,137

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Financials

–

17.9%

(continued)

Columbia

Financial,

Inc.

(a)

1,665

29,937

Community

Bank

System,

Inc.

3,263

149,348

CVB

Financial

Corp.

7,943

133,204

Eastern

Bankshares,

Inc.

9,809

136,934

Enact

Holdings,

Inc.

1,791

51,026

Enstar

Group

Ltd.

(a)

769

205,238

Essent

Group

Ltd.

6,331

349,218

Euronet

Worldwide,

Inc.

(a)

2,868

285,796

Evercore,

Inc.,

Class

A

2,160

370,937

EVERTEC,

Inc.

3,965

159,234

F&G

Annuities

&

Life,

Inc.

1,170

52,463

Federated

Hermes,

Inc.,

Class

B

5,272

184,309

First

BanCorp.

10,785

179,894

First

Financial

Bancorp

5,750

128,915

First

Financial

Bankshares,

Inc.

8,378

261,645

First

Hawaiian,

Inc.

7,696

166,926

First

Interstate

BancSystem,

Inc.,

Class

A

5,324

146,516

FirstCash

Holdings,

Inc.

2,284

262,135

Flywire

Corp.

(a)

5,694

121,681

FNB

Corp.

21,849

287,970

Freedom

Holding

Corp.

(a)

1,070

87,879

Fulton

Financial

Corp.

9,898

154,310

Genworth

Financial,

Inc.,

Class

A

(a)

28,095

173,346

Glacier

Bancorp,

Inc.

6,704

259,177

Goosehead

Insurance,

Inc.,

Class

A

(a)

1,333

102,908

Hamilton

Lane,

Inc.,

Class

A

2,075

240,575

Hancock

Whitney

Corp.

5,170

233,219

Hannon

Armstrong

Sustainable

Infrastructure

Capital,

Inc.

(b)(c)

6,358

151,257

Hanover

Insurance

Group,

Inc.

(The)

2,160

285,142

Home

BancShares,

Inc.

11,441

268,177

Independent

Bank

Corp.

2,681

150,377

International

Bancshares

Corp.

3,227

170,579

Jackson

Financial,

Inc.,

Class

A

4,491

224,864

Janus

Henderson

Group

PLC

10,048

288,980

Kemper

Corp.

3,694

221,640

Lazard,

Inc.,

Class

A

6,674

260,153

Lincoln

National

Corp.

10,270

281,912

Marqeta,

Inc.,

Class

A

(a)

22,638

136,054

MGIC

Investment

Corp.

17,302

343,272

Moelis

&

Co.,

Class

A

4,047

222,464

Mr.

Cooper

Group,

Inc.

(a)

3,929

264,657

NCR

Atleos

Corp.

(a)

4,007

89,717

Nelnet,

Inc.,

Class

A

762

66,393

NMI

Holdings,

Inc.,

Class

A

(a)

5,025

160,398

Old

National

Bancorp

17,735

292,095

OneMain

Holdings,

Inc.,

Class

A

7,194

342,434

Pacific

Premier

Bancorp,

Inc.

5,766

146,283

Payoneer

Global,

Inc.

(a)

15,452

72,315

PennyMac

Financial

Services,

Inc.

2,435

212,381

Pinnacle

Financial

Partners,

Inc.

4,596

406,194

Piper

Sandler

Cos.

1,052

182,511

Radian

Group,

Inc.

9,476

274,614

Remitly

Global,

Inc.

(a)

7,727

132,441

Rithm

Capital

Corp.

(c)

29,365

314,206

ServisFirst

Bancshares,

Inc.

3,060

205,448

Simmons

First

National

Corp.,

Class

A

7,579

144,077

SLM

Corp.

12,504

248,580

StepStone

Group,

Inc.,

Class

A

3,184

106,505

Synovus

Financial

Corp.

8,857

333,555

Texas

Capital

Bancshares,

Inc.

(a)

2,896

176,656

TFS

Financial

Corp.

3,220

42,890

14

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Financials

–

17.9%

(continued)

UMB

Financial

Corp.

2,784

229,680

United

Bankshares,

Inc.

8,077

289,560

United

Community

Banks,

Inc.

7,249

198,188

Upstart

Holdings,

Inc.

(a)

4,337

137,743

Valley

National

Bancorp

26,217

252,208

Virtu

Financial,

Inc.,

Class

A

5,461

91,690

WaFd,

Inc.

3,989

115,841

Walker

&

Dunlop,

Inc.

1,945

187,868

Western

Alliance

Bancorp

6,577

420,665

Western

Union

Co.

(The)

22,813

286,759

Wintrust

Financial

Corp.

3,732

361,929

WSFS

Financial

Corp.

3,736

166,289

Zions

Bancorp

NA

(b)

8,943

374,712

19,397,578

Health

Care

–

12.6%

ACADIA

Pharmaceuticals,

Inc.

(a)

9,670

250,550

Akero

Therapeutics,

Inc.

(a)

2,711

58,585

Alkermes

PLC

(a)

10,015

270,906

Amedisys,

Inc.

(a)

1,845

173,928

Amicus

Therapeutics,

Inc.

(a)

15,840

196,891

AMN

Healthcare

Services,

Inc.

(a)

2,288

169,335

Amphastar

Pharmaceuticals,

Inc.

(a)

2,227

118,833

Apollo

Medical

Holdings,

Inc.

(a)

2,441

84,825

Arrowhead

Pharmaceuticals,

Inc.

(a)

6,192

198,763

AtriCure,

Inc.

(a)

2,853

97,173

Axonics,

Inc.

(a)

3,049

206,966

Axsome

Therapeutics,

Inc.

(a)(b)

2,228

200,587

Azenta,

Inc.

(a)

3,617

235,828

Beam

Therapeutics,

Inc.

(a)(b)

4,462

108,873

Blueprint

Medicines

Corp.

(a)

3,630

288,694

Bridgebio

Pharma,

Inc.

(a)

7,085

242,945

Cerevel

Therapeutics

Holdings,

Inc.

(a)

4,204

176,148

Certara,

Inc.

(a)

5,107

82,529

CONMED

Corp.

1,864

178,198

Corcept

Therapeutics,

Inc.

(a)

5,567

117,464

CorVel

Corp.

(a)

552

129,908

Cytokinetics,

Inc.

(a)

5,559

434,325

Denali

Therapeutics,

Inc.

(a)

6,558

104,994

Doximity,

Inc.,

Class

A

(a)

7,542

203,257

Elanco

Animal

Health,

Inc.

(a)

30,031

442,657

Enovis

Corp.

(a)

3,074

180,444

Ensign

Group,

Inc.

(The)

3,309

374,645

Evolent

Health,

Inc.,

Class

A

(a)

6,548

192,577

Fortrea

Holdings,

Inc.

(a)

5,419

167,772

Glaukos

Corp.

(a)

2,844

253,201

GoodRx

Holdings,

Inc.,

Class

A

(a)

4,738

28,428

Guardant

Health,

Inc.

(a)

6,925

151,865

Haemonetics

Corp.

(a)

3,089

236,185

Halozyme

Therapeutics,

Inc.

(a)

7,964

269,581

Harmony

Biosciences

Holdings,

Inc.

(a)

2,054

64,783

ICU

Medical,

Inc.

(a)

1,229

112,490

ImmunoGen,

Inc.

(a)

14,621

428,688

Immunovant,

Inc.

(a)

3,287

119,680

Inari

Medical,

Inc.

(a)

2,920

166,294

Insmed,

Inc.

(a)

8,672

241,082

Integer

Holdings

Corp.

(a)

2,011

203,754

Integra

LifeSciences

Holdings

Corp.

(a)

4,369

175,415

Intellia

Therapeutics,

Inc.

(a)

5,300

126,246

iRhythm

Technologies,

Inc.

(a)

1,824

218,479

Krystal

Biotech,

Inc.

(a)

1,456

161,980

Lantheus

Holdings,

Inc.

(a)

4,084

212,082

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Health

Care

–

12.6%

(continued)

LifeStance

Health

Group,

Inc.

(a)(b)

4,273

25,553

LivaNova

PLC

(a)

3,306

160,936

Madrigal

Pharmaceuticals,

Inc.

(a)

791

171,418

Maravai

LifeSciences

Holdings,

Inc.,

Class

A

(a)

6,541

37,938

Merit

Medical

Systems,

Inc.

(a)

3,430

268,569

Mural

Oncology

PLC

(a)

989

4,342

Natera,

Inc.

(a)

6,411

422,741

Neogen

Corp.

(a)

13,249

205,359

NovoCure

Ltd.

(a)

5,816

80,959

Nuvalent,

Inc.,

Class

A

(a)

1,389

104,411

Omnicell,

Inc.

(a)

2,746

88,339

Organon

&

Co.

15,593

259,623

Pacific

Biosciences

of

California,

Inc.

(a)(b)

14,889

96,927

Patterson

Cos.,

Inc.

5,182

154,734

Perrigo

Co.

PLC

8,235

264,179

Premier,

Inc.,

Class

A

7,111

153,740

Prestige

Consumer

Healthcare,

Inc.

(a)

2,962

182,281

Privia

Health

Group,

Inc.

(a)

5,672

114,347

Progyny,

Inc.

(a)

5,028

191,517

PTC

Therapeutics,

Inc.

(a)

4,420

115,318

REVOLUTION

Medicines,

Inc.

(a)

5,571

154,595

Schrodinger,

Inc.

(a)(b)

3,682

97,389

Select

Medical

Holdings

Corp.

6,168

160,306

Sotera

Health

Co.

(a)

6,129

90,219

STAAR

Surgical

Co.

(a)

2,987

83,666

Surgery

Partners,

Inc.

(a)

4,034

123,803

Teladoc

Health,

Inc.

(a)

9,974

193,795

TransMedics

Group,

Inc.

(a)

1,934

165,879

Ultragenyx

Pharmaceutical,

Inc.

(a)

4,074

179,704

Vaxcyte,

Inc.

(a)

5,169

369,170

13,580,590

Industrials

–

17.4%

AAON,

Inc.

4,107

288,147

ABM

Industries,

Inc.

4,010

163,568

ACV

Auctions,

Inc.,

Class

A

(a)

7,537

97,755

AeroVironment,

Inc.

(a)

1,588

191,576

Air

Lease

Corp.,

Class

A

6,318

264,156

Albany

International

Corp.,

Class

A

1,906

169,462

Alight,

Inc.,

Class

A

(a)

21,813

194,572

Allison

Transmission

Holdings,

Inc.

5,532

334,907

Ameresco,

Inc.,

Class

A

(a)(b)

1,923

39,287

ArcBest

Corp.

1,440

171,547

Arcosa,

Inc.

2,959

231,630

Armstrong

World

Industries,

Inc.

2,726

270,446

Array

Technologies,

Inc.

(a)(b)

9,015

119,359

ASGN,

Inc.

(a)

2,904

269,549

AZEK

Co.,

Inc.

(The),

Class

A

(a)

8,939

344,688

Barnes

Group,

Inc.

2,972

98,403

Beacon

Roofing

Supply,

Inc.

(a)

3,242

268,729

Bloom

Energy

Corp.,

Class

A

(a)(b)

12,053

136,440

Boise

Cascade

Co.

2,398

324,833

Brady

Corp.,

Class

A

2,672

160,934

Brink's

Co.

(The)

2,768

223,765

Casella

Waste

Systems,

Inc.,

Class

A

(a)

3,449

294,338

CBIZ,

Inc.

(a)

2,930

186,524

ChargePoint

Holdings,

Inc.

(a)(b)

16,382

31,126

Concentrix

Corp.

2,549

226,530

Copa

Holdings

SA,

Class

A

1,742

167,336

Crane

Co.

3,459

429,296

CSW

Industrials,

Inc.

940

198,876

Driven

Brands

Holdings,

Inc.

(a)

3,746

49,110

15

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Industrials

–

17.4%

(continued)

Dun

&

Bradstreet

Holdings,

Inc.

14,925

172,981

Dycom

Industries,

Inc.

(a)

1,736

193,911

Encore

Wire

Corp.

994

224,147

EnerSys

2,463

235,389

Enovix

Corp.

(a)(b)

7,846

73,046

EnPro,

Inc.

1,273

190,161

Esab

Corp.

3,445

296,235

ESCO

Technologies,

Inc.

1,533

156,167

Exponent,

Inc.

3,041

268,186

Federal

Signal

Corp.

3,636

279,899

First

Advantage

Corp.

3,040

49,765

Flowserve

Corp.

8,023

320,358

Fluence

Energy,

Inc.,

Class

A

(a)

3,579

71,115

Fluor

Corp.

(a)

8,686

327,549

Forward

Air

Corp.

1,596

70,751

Franklin

Electric

Co.,

Inc.

2,427

228,769

FTAI

Aviation

Ltd.

6,034

325,534

Gates

Industrial

Corp.

PLC

(a)

9,263

119,307

GATX

Corp.

2,133

261,612

GMS,

Inc.

(a)

2,491

209,642

Griffon

Corp.

2,774

161,613

Hayward

Holdings,

Inc.

(a)

5,184

64,904

Herc

Holdings,

Inc.

1,712

252,503

Hertz

Global

Holdings,

Inc.

(a)(b)

8,236

68,771

Hillenbrand,

Inc.

4,207

195,920

Hub

Group,

Inc.,

Class

A

(a)

3,804

172,245

ICF

International,

Inc.

1,140

158,506

Insperity,

Inc.

2,203

252,662

JetBlue

Airways

Corp.

(a)

19,771

104,984

Joby

Aviation,

Inc.

(a)(b)

20,280

110,729

John

Bean

Technologies

Corp.

1,926

190,212

Kadant,

Inc.

706

201,916

Kennametal,

Inc.

4,603

112,866

Kirby

Corp.

(a)

3,624

285,064

Korn

Ferry

3,150

184,810

Leonardo

DRS,

Inc.

(a)

3,112

60,404

Lyft,

Inc.,

Class

A

(a)

19,619

245,041

ManpowerGroup,

Inc.

3,054

226,424

Matson,

Inc.

2,143

240,080

MAXIMUS,

Inc.

3,675

298,116

McGrath

RentCorp

1,495

187,847

MDU

Resources

Group,

Inc.

11,727

228,794

Mercury

Systems,

Inc.

(a)

3,403

100,933

Moog,

Inc.,

Class

A

1,720

240,456

MSC

Industrial

Direct

Co.,

Inc.,

Class

A

2,810

277,291

Mueller

Industries,

Inc.

6,772

325,056

Mueller

Water

Products,

Inc.,

Class

A

9,501

130,259

Net

Power,

Inc.

(a)

2,019

17,969

Paycor

HCM,

Inc.

(a)

3,885

75,485

Plug

Power,

Inc.

(a)(b)

33,373

148,510

Resideo

Technologies,

Inc.

(a)

8,749

146,721

Rocket

Lab

USA,

Inc.

(a)(b)

16,739

81,184

Rush

Enterprises,

Inc.,

Class

A

3,827

171,871

RXO,

Inc.

(a)

7,075

147,160

Ryder

System,

Inc.

2,735

310,614

Schneider

National,

Inc.,

Class

B

3,433

84,177

Shoals

Technologies

Group,

Inc.,

Class

A

(a)

10,033

132,135

Spirit

AeroSystems

Holdings,

Inc.,

Class

A

(a)

6,415

176,156

Spirit

Airlines,

Inc.

(b)

6,599

41,508

SPX

Technologies,

Inc.

(a)

2,677

269,413

Stericycle,

Inc.

(a)

5,644

270,912

Sterling

Infrastructure,

Inc.

(a)

1,833

137,658

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Industrials

–

17.4%

(continued)

Sunrun,

Inc.

(a)

12,804

185,402

Symbotic,

Inc.,

Class

A

(a)(b)

1,586

68,246

Tecnoglass,

Inc.

(b)

1,366

62,850

Terex

Corp.

4,051

248,853

Trinity

Industries,

Inc.

4,950

124,443

UniFirst

Corp.

917

155,358

Verra

Mobility

Corp.,

Class

A

(a)

9,369

224,013

Vicor

Corp.

(a)

1,363

51,344

Werner

Enterprises,

Inc.

3,792

149,974

Zurn

Elkay

Water

Solutions

Corp.

8,719

258,518

18,840,293

Information

Technology

–

12.8%

ACI

Worldwide,

Inc.

(a)

6,489

195,124

Advanced

Energy

Industries,

Inc.

2,277

237,218

Agilysys,

Inc.

(a)

1,474

123,389

Alarm.com

Holdings,

Inc.

(a)

2,897

176,196

Alteryx,

Inc.,

Class

A

(a)

3,616

171,615

Ambarella,

Inc.

(a)

2,248

118,155

Appian

Corp.,

Class

A

(a)

2,539

82,848

Asana,

Inc.,

Class

A

(a)

4,686

81,630

Aurora

Innovation,

Inc.,

Class

A

(a)(b)

28,888

86,375

Avnet,

Inc.

5,592

253,318

Badger

Meter,

Inc.

1,799

259,038

Belden,

Inc.

2,567

190,420

Blackbaud,

Inc.

(a)

2,648

214,276

BlackLine,

Inc.

(a)

3,027

177,624

Box,

Inc.,

Class

A

(a)

8,528

221,557

Braze,

Inc.,

Class

A

(a)

2,976

160,853

C3.ai,

Inc.,

Class

A

(a)(b)

5,718

141,692

Calix,

Inc.

(a)

3,593

119,216

Cirrus

Logic,

Inc.

(a)

3,328

256,922

Clear

Secure,

Inc.,

Class

A

5,032

95,759

Clearwater

Analytics

Holdings,

Inc.,

Class

CDI

(a)

4,525

85,296

CommVault

Systems,

Inc.

(a)

2,643

242,310

Crane

NXT

Co.

2,916

169,944

Credo

Technology

Group

Holding

Ltd.

(a)

6,463

132,556

DigitalOcean

Holdings,

Inc.

(a)(b)

3,334

112,422

Diodes,

Inc.

(a)

2,725

183,447

DXC

Technology

Co.

(a)

12,420

270,756

Envestnet,

Inc.

(a)

3,188

162,907

Extreme

Networks,

Inc.

(a)

7,612

102,838

Fastly,

Inc.,

Class

A

(a)

7,184

144,542

Five9,

Inc.

(a)

4,254

322,708

FormFactor,

Inc.

(a)

4,688

181,754

HashiCorp,

Inc.,

Class

A

(a)

6,548

143,139

Insight

Enterprises,

Inc.

(a)

1,875

346,388

Instructure

Holdings,

Inc.

(a)

1,198

29,507

Intapp,

Inc.

(a)

1,626

70,048

InterDigital,

Inc.

1,608

168,920

Ionq,

Inc.

(a)(b)

10,178

104,528

Itron,

Inc.

(a)

2,762

199,251

Jamf

Holding

Corp.

(a)

2,881

53,414

JFrog

Ltd.

(a)

3,885

126,379

Kulicke

&

Soffa

Industries,

Inc.

3,374

169,780

Kyndryl

Holdings,

Inc.

(a)

13,742

281,986

LiveRamp

Holdings,

Inc.

(a)

3,983

157,249

Lumentum

Holdings,

Inc.

(a)

3,915

215,090

Marathon

Digital

Holdings,

Inc.

(a)(b)

10,291

182,459

MaxLinear,

Inc.,

Class

A

(a)

4,415

91,920

N-able,

Inc.

(a)

3,791

49,207

16

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Information

Technology

–

12.8%

(continued)

nCino,

Inc.

(a)

3,777

118,900

NCR

Voyix

Corp.

(a)

7,799

114,645

NetScout

Systems,

Inc.

(a)

4,285

92,170

PagerDuty,

Inc.

(a)

5,247

124,249

Pegasystems,

Inc.

2,433

118,584

Perficient,

Inc.

(a)

2,108

143,618

Plexus

Corp.

(a)

1,667

157,898

Power

Integrations,

Inc.

3,426

256,813

PowerSchool

Holdings,

Inc.,

Class

A

(a)

5,679

133,684

Progress

Software

Corp.

2,623

149,013

Rapid7,

Inc.

(a)

3,606

198,438

RingCentral,

Inc.,

Class

A

(a)

4,999

169,416

Riot

Platforms,

Inc.

(a)(b)

11,134

121,361

Rogers

Corp.

(a)

1,127

129,909

Sanmina

Corp.

(a)

3,520

210,566

SentinelOne,

Inc.,

Class

A

(a)

13,879

371,957

Silicon

Laboratories,

Inc.

(a)

1,916

236,358

SiTime

Corp.

(a)

1,010

107,636

Sprinklr,

Inc.,

Class

A

(a)

6,364

79,423

Sprout

Social,

Inc.,

Class

A

(a)

2,826

173,319

Squarespace,

Inc.,

Class

A

(a)

3,183

98,673

Synaptics,

Inc.

(a)

2,360

252,072

Tenable

Holdings,

Inc.

(a)

6,908

325,367

Teradata

Corp.

(a)

6,070

280,313

Varonis

Systems,

Inc.,

Class

B

(a)

6,482

290,912

Vertex,

Inc.,

Class

A

(a)

2,581

62,615

Viasat,

Inc.

(a)

6,035

134,158

Viavi

Solutions,

Inc.

(a)

13,292

130,660

Vishay

Intertechnology,

Inc.

7,793

169,342

Vontier

Corp.

9,498

328,536

Wolfspeed,

Inc.

(a)(b)

7,537

245,329

Workiva,

Inc.,

Class

A

(a)

2,868

266,552

Xerox

Holdings

Corp.

9,546

176,219

13,832,675

Materials

–

5.9%

Alpha

Metallurgical

Resources,

Inc.

706

281,864

Arcadium

Lithium

PLC

(a)

26,876

131,424

Arch

Resources,

Inc.

1,079

190,940

Ashland,

Inc.

3,119

292,001

ATI,

Inc.

(a)

7,759

317,110

Avient

Corp.

5,216

188,871

Balchem

Corp.

1,951

273,452

Cabot

Corp.

3,383

243,914

Carpenter

Technology

Corp.

2,863

176,332

Chemours

Co.

(The)

9,014

271,952

Constellium

SE

(a)

7,582

142,163

Element

Solutions,

Inc.

13,558

301,394

Ginkgo

Bioworks

Holdings,

Inc.

(a)(b)

78,068

94,462

Greif,

Inc.,

Class

A

1,525

95,480

HB

Fuller

Co.

3,278

248,374

Hecla

Mining

Co.

35,063

133,590

Huntsman

Corp.

10,493

257,498

Ingevity

Corp.

(a)

2,242

97,662

Innospec,

Inc.

1,518

176,255

Knife

River

Corp.

(a)

3,218

210,747

Louisiana-Pacific

Corp.

4,341

288,894

Materion

Corp.

1,248

145,979

Minerals

Technologies,

Inc.

1,979

129,328

MP

Materials

Corp.

(a)

8,667

137,025

NewMarket

Corp.

415

231,491

O-I

Glass,

Inc.,

Class

I

(a)

9,268

134,942

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Materials

–

5.9%

(continued)

Quaker

Chemical

Corp.

848

161,069

Scotts

Miracle-GRO

Co.

(The)

2,565

144,307

Sensient

Technologies

Corp.

2,521

156,378

Stepan

Co.

1,294

115,515

Summit

Materials,

Inc.,

Class

A

(a)

7,222

261,292

Tronox

Holdings

PLC,

Class

A

7,247

99,936

Warrior

Met

Coal,

Inc.

3,147

201,943

Worthington

Steel,

Inc.

(a)

1,899

56,875

6,390,459

Real

Estate

–

6.9%

Apple

Hospitality

REIT,

Inc.

(c)

13,056

209,679

Broadstone

NET

Lease,

Inc.,

Class

A

(c)

11,261

180,964

Copt

Defense

Properties

(c)

6,782

159,784

Cousins

Properties,

Inc.

(c)

9,261

212,170

Cushman

&

Wakefield

PLC

(a)

11,755

123,663

DigitalBridge

Group,

Inc.

9,778

192,040

Douglas

Emmett,

Inc.

(c)

9,709

131,557

EPR

Properties

(c)

4,560

201,871

Equity

Commonwealth

(c)

6,313

120,641

Essential

Properties

Realty

Trust,

Inc.

(c)

9,453

235,474

eXp

World

Holdings,

Inc.

4,663

57,728

Four

Corners

Property

Trust,

Inc.

(c)

5,533

129,528

Highwoods

Properties,

Inc.

(c)

6,426

147,605

Howard

Hughes

Holdings,

Inc.

(a)

3,040

243,443

Independence

Realty

Trust,

Inc.

(c)

13,745

201,914

Innovative

Industrial

Properties,

Inc.,

Class

A

(c)

1,706

159,050

JBG

SMITH

Properties

(c)

6,273

100,368

Kennedy-Wilson

Holdings,

Inc.

4,625

48,331

Kilroy

Realty

Corp.

(c)

7,121

254,647

Kite

Realty

Group

Trust

(c)

13,297

284,556

LXP

Industrial

Trust,

Class

B

(c)

17,490

158,984

Macerich

Co.

(The)

(c)

13,125

207,244

Medical

Properties

Trust,

Inc.

(b)(c)

35,823

111,051

National

Health

Investors,

Inc.

(c)

2,558

136,035

National

Storage

Affiliates

Trust

(c)

4,868

181,820

Opendoor

Technologies,

Inc.

(a)

31,622

108,147

Outfront

Media,

Inc.

(c)

8,754

113,977

Park

Hotels

&

Resorts,

Inc.

(c)

12,938

195,105

Phillips

Edison

&

Co.,

Inc.

(c)

7,221

250,641

Physicians

Realty

Trust

(c)

14,265

174,604

PotlatchDeltic

Corp.

(c)

4,768

213,273

Rayonier,

Inc.

(c)

8,988

272,336

Retail

Opportunity

Investments

Corp.

(c)

7,439

101,096

Ryman

Hospitality

Properties,

Inc.

(c)

3,593

394,871

Sabra

Health

Care

REIT,

Inc.

(c)

14,036

187,240

SITE

Centers

Corp.

(c)

11,598

154,485

SL

Green

Realty

Corp.

(c)

3,942

177,193

St.

Joe

Co.

(The)

3,379

186,521

Tanger,

Inc.

(c)

6,238

167,802

Terreno

Realty

Corp.

(c)

5,034

300,681

Vornado

Realty

Trust

(b)(c)

10,688

290,607

7,478,726

Utilities

–

3.2%

ALLETE,

Inc.

3,503

207,062

American

States

Water

Co.

2,253

168,074

Avista

Corp.

4,628

157,398

Black

Hills

Corp.

4,070

210,663

California

Water

Service

Group

3,511

158,943

Clearway

Energy,

Inc.,

Class

A

1,972

44,291

Clearway

Energy,

Inc.,

Class

C

4,951

120,012

MGE

Energy,

Inc.

2,216

142,910

17

See

Notes

to

Statements

of

Investments

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.8%

(continued)

Utilities

–

3.2%

(continued)

New

Jersey

Resources

Corp.

5,899

240,856

NextEra

Energy

Partners

LP

5,636

168,235

Northwestern

Energy

Group,

Inc.

3,619

174,146

ONE

Gas,

Inc.

3,356

205,958

Ormat

Technologies,

Inc.

3,613

233,689

Otter

Tail

Corp.

2,502

226,231

PNM

Resources,

Inc.

5,205

188,577

Portland

General

Electric

Co.

6,157

252,006

SJW

Group

1,776

105,743

Southwest

Gas

Holdings,

Inc.

4,333

254,260

Spire,

Inc.

3,132

177,804

3,436,858

Total

Common

Stocks

(cost

$105,779,886)

107,972,153

Investment

Companies

–

0.1%

Registered

Investment

Companies

–

0.1%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$151,724)

151,724

151,724

Investment

of

Cash

Collateral

for

Securities

Loaned

–

2.0%

Registered

Investment

Companies

–

2.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(d)(e)

(cost

$2,134,453)

2,134,453

2,134,453

Total

Investments

(cost

$108,066,063)

101.9%

110,258,330

Liabilities,

Less

Cash

and

Receivables

(1.9)%

(2,079,188)

Net

Assets

100.0%

108,179,142

REIT—Real

Estate

Investment

Trust

(a)

Non-income

producing

security.

(b)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2024,

the

value

of

the

fund’s

securities

on

loan

was

$4,050,856

and

the

value

of

the

collateral

was

$4,298,762,

consisting

of

cash

collateral

of

$2,134,453

and

U.S.

Government

&

Agency

securities

valued

at

$2,164,309.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(c)

Investment

in

a

real

estate

investment

trust.

(d)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(e)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2024.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

(Depreciation)

($)

Futures

Long

Russell

2000

E-mini

2

3/15/2024

203,636

195,590

(8,046)

Gross

Unrealized

Depreciation

(8,046)

18

STATEMENT

OF

INVESTMENTS

January

31,

2024

(Unaudited)

BNY

Mellon

International

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

99.2%

Australia

–

6.8%

AGL

Energy

Ltd.

20,214

115,853

Ampol

Ltd.

7,430

178,636

ANZ

Group

Holdings

Ltd.

92,429

1,661,931

APA

Group

36,579

205,294

Aristocrat

Leisure

Ltd.

18,744

551,389

ASX

Ltd.

5,489

238,248

Atlas

Arteria

Ltd.

38,584

138,243

Aurizon

Holdings

Ltd.

61,605

154,344

BHP

Group

Ltd.

143,484

4,483,579

BHP

Group

Ltd.

12,756

394,732

BlueScope

Steel

Ltd.

14,993

234,002

Brambles

Ltd.

43,451

420,510

Car

Group

Ltd.

10,297

224,694

Charter

Hall

Group

(a)

16,374

130,863

Cochlear

Ltd.

2,060

414,631

Coles

Group

Ltd.

38,326

403,088

Commonwealth

Bank

of

Australia

51,221

3,979,537

Computershare

Ltd.

16,538

277,576

CSL

Ltd.

14,760

2,943,726

Dexus

(a)

35,715

184,154

Domino's

Pizza

Enterprises

Ltd.

1,911

50,089

Ebos

Group

Ltd.

4,883

112,865

Endeavour

Group

Ltd.

36,578

135,891

Evolution

Mining

Ltd.

57,928

122,922

Fortescue

Ltd.

48,625

960,453

Goodman

Group

(a)

55,618

941,220

GPT

Group

(The)

(a)

65,094

200,522

IDP

Education

Ltd.

8,979

117,228

IGO

Ltd.

22,491

112,400

Insurance

Australia

Group

Ltd.

77,004

307,458

Lendlease

Corp.

Ltd.

24,475

119,888

Lottery

Corp.

Ltd.

(The)

72,419

242,236

Macquarie

Group

Ltd.

11,143

1,402,875

Medibank

Pvt

Ltd.

86,080

218,509

Mineral

Resources

Ltd.

5,187

205,561

Mirvac

Group

(a)

130,656

187,424

National

Australia

Bank

Ltd.

95,315

2,054,067

Northern

Star

Resources

Ltd.

33,221

288,785

Orica

Ltd.

14,981

161,026

Origin

Energy

Ltd.

52,181

293,892

Pilbara

Minerals

Ltd.

80,673

189,318

Pro

Medicus

Ltd.

1,468

98,556

Qantas

Airways

Ltd.

(b)

54,641

200,830

QBE

Insurance

Group

Ltd.

46,285

484,959

Ramsay

Health

Care

Ltd.

5,137

173,968

REA

Group

Ltd.

1,561

189,808

Reece

Ltd.

8,870

133,571

Rio

Tinto

Ltd.

11,580

1,017,500

Santos

Ltd.

98,210

509,637

Scentre

Group

(a)

150,247

304,916

Seek

Ltd.

10,995

184,977

Seven

Group

Holdings

Ltd.

5,254

125,416

Sonic

Healthcare

Ltd.

13,679

289,542

South32

Ltd.

131,513

291,239

Stockland

(a)

75,558

227,762

Suncorp

Group

Ltd.

38,891

364,810

Telstra

Group

Ltd.

361,161

964,535

TPG

Telecom

Ltd.

12,951

45,289

Transurban

Group

94,720

845,927

Treasury

Wine

Estates

Ltd.

26,135

186,069

Vicinity

Ltd.

(a)

126,058

170,828

Washington

H

Soul

Pattinson

&

Co.

Ltd.

7,263

165,162

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Australia

–

6.8%

(continued)

Wesfarmers

Ltd.

34,780

1,337,409

Westpac

Banking

Corp.

107,422

1,717,059

Whitehaven

Coal

Ltd.

25,799

143,769

Wisetech

Global

Ltd.

5,196

250,708

Woodside

Energy

Group

Ltd.

2,305

48,667

Woodside

Energy

Group

Ltd.

56,125

1,202,461

Woolworths

Group

Ltd.

36,847

877,124

Worley

Ltd.

11,644

114,074

38,426,231

Austria

–

0.3%

ANDRITZ

AG

2,236

138,809

Bawag

Group

AG

(c)

2,722

141,452

CA

Immobilien

Anlagen

AG

950

31,371

Erste

Group

Bank

AG

9,940

432,432

EVN

AG

1,456

40,567

OMV

AG

4,674

209,736

Raiffeisen

Bank

International

AG

4,741

99,496

Telekom

Austria

AG,

Class

A

5,961

52,189

Verbund

AG

1,120

92,036

Vienna

Insurance

Group

AG

Wiener

Versicherung

Gruppe

539

15,369

Voestalpine

AG

3,854

115,545

Wienerberger

AG

3,438

117,563

1,486,565

Belgium

–

0.7%

Ackermans

&

Van

Haaren

NV

728

122,493

Ageas

SA/NV

4,932

213,277

Anheuser-Busch

InBev

SA/NV

26,488

1,654,709

Azelis

Group

NV

4,027

83,637

Colruyt

Group

N.V

1,531

70,297

D'ieteren

Group

560

114,178

Elia

Group

SA

718

87,196

Groupe

Bruxelles

Lambert

NV

2,617

200,127

KBC

Group

NV

7,410

486,809

Proximus

SADP

5,318

50,823

Sofina

SA

480

116,063

Solvay

SA,

Class

A

2,070

57,203

Syensqo

SA

(b)

2,070

185,481

UCB

SA

3,585

339,964

Umicore

SA

6,771

155,705

Warehouses

de

Pauw

CVA

(a)

5,247

155,484

4,093,446

Bermuda

–

0.0%

Seadrill

Ltd.

(b)

2,239

97,426

Canada

–

10.5%

Agnico

Eagle

Mines

Ltd.

15,144

749,011

Air

Canada

(b)

11,874

161,928

Algonquin

Power

&

Utilities

Corp.

23,732

141,570

Alimentation

Couche-Tard,

Inc.

23,527

1,387,266

AltaGas

Ltd.,

Class

Common

Subscription

Receipt

9,083

190,015

ARC

Resources

Ltd.

17,960

280,682

Bank

of

Montreal

21,756

2,062,183

Bank

of

Nova

Scotia

(The)

36,887

1,735,778

Barrick

Gold

Corp.

52,675

827,944

BCE,

Inc.

28,471

1,156,058

Brookfield

Asset

Management

Ltd.,

Class

A

11,519

466,088

Brookfield

Corp.,

Class

A

45,244

1,806,983

BRP,

Inc.

959

60,897

CAE,

Inc.

(b)

10,898

219,583

19

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Canada

–

10.5%

(continued)

Cameco

Corp.

13,368

642,260

Canadian

Apartment

Properties

REIT

(a)

4,633

161,837

Canadian

Imperial

Bank

of

Commerce

28,207

1,282,779

Canadian

National

Railway

Co.

17,815

2,223,858

Canadian

Natural

Resources

Ltd.

33,402

2,151,048

Canadian

Pacific

Kansas

City

Ltd.

28,718

2,325,512

Canadian

Tire

Corp.

Ltd.,

Class

A

1,573

168,244

Canadian

Utilities

Ltd.,

Class

A

4,082

93,614

CCL

Industries,

Inc.,

Class

B

4,282

184,414

Cenovus

Energy,

Inc.

42,461

692,190

CGI,

Inc.,

Class

A

(b)

6,451

726,966

Choice

Properties

Real

Estate

Investment

Trust

(a)

9,896

103,993

Constellation

Software,

Inc.

621

1,727,143

Dollarama,

Inc.

9,310

687,562

Emera,

Inc.

9,412

334,691

Empire

Co.

Ltd.,

Class

Common

Subscription

Receipt

4,048

105,559

Enbridge,

Inc.

64,879

2,318,269

Fairfax

Financial

Holdings

Ltd.

724

759,451

First

Quantum

Minerals

Ltd.

15,949

145,637

Firstservice

Corp.

1,206

203,117

Fortis,

Inc.

14,928

602,684

Franco-Nevada

Corp.

5,853

637,235

George

Weston

Ltd.

1,839

235,785

GFL

Environmental,

Inc.

4,766

162,951

Gildan

Activewear,

Inc.

4,822

160,246

Great-West

Lifeco,

Inc.

8,840

296,949

Hydro

One

Ltd.

(c)

10,678

318,889

Ia

Financial

Corp.,

Inc.

3,103

212,278

IGM

Financial,

Inc.

3,101

84,416

Imperial

Oil

Ltd.

5,511

319,882

Intact

Financial

Corp.

5,470

860,797

Ivanhoe

Mines

Ltd.,

Class

A

(b)

18,762

198,145

Keyera

Corp.

7,789

189,587

Kinross

Gold

Corp.

39,258

217,733

Loblaw

Cos.

Ltd.

4,609

463,470

Lundin

Mining

Corp.,

Class

Common

Subscription

Receipt

23,039

189,340

Magna

International,

Inc.

7,980

456,384

Manulife

Financial

Corp.

56,422

1,255,089

Metro,

Inc.,

Class

A

7,834

413,908

National

Bank

of

Canada

10,332

795,210

Northland

Power,

Inc.

9,359

173,303

Nutrien

Ltd.

15,305

767,971

Onex

Corp.

1,827

135,748

Open

Text

Corp.

8,224

360,895

Pan

American

Silver

Corp.

12,031

163,889

Pembina

Pipeline

Corp.

16,970

588,212

Power

Corp.

of

Canada

15,721

461,140

Quebecor,

Inc.,

Class

B

4,364

106,777

Restaurant

Brands

International,

Inc.

8,806

691,733

RioCan

Real

Estate

Investment

Trust

(a)

10,228

140,017

Rogers

Communications,

Inc.,

Class

B

11,386

535,190

Royal

Bank

of

Canada

42,469

4,170,770

Saputo,

Inc.

7,862

163,119

Shopify,

Inc.,

Class

A

(b)

35,556

2,864,333

Sun

Life

Financial,

Inc.

17,893

933,321

Suncor

Energy,

Inc.

40,625

1,353,711

TC

Energy

Corp.

31,511

1,250,959

Teck

Resources

Ltd.,

Class

B

14,207

572,193

TELUS

Corp.

45,087

812,616

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Canada

–

10.5%

(continued)

TFI

International,

Inc.

2,371

313,560

Thomson

Reuters

Corp.

4,193

626,447

Toronto-Dominion

Bank

(The)

56,253

3,438,631

Tourmaline

Oil

Corp.,

Class

Common

Subscription

Receipt

10,384

451,796

Waste

Connections,

Inc.

7,900

1,234,092

West

Fraser

Timber

Co.

Ltd.

1,754

140,354

Wheaton

Precious

Metals

Corp.

14,287

673,795

WSP

Global,

Inc.

3,480

514,453

59,994,133

Chile

–

0.0%

Antofagasta

PLC

9,135

201,832

China

–

0.1%

BYD

Electronic

International

Co.

Ltd.

21,000

71,860

China

Mengniu

Dairy

Co.

Ltd.

101,000

222,743

CSPC

Pharmaceutical

Group

Ltd.

264,000

193,848

Fosun

International

Ltd.

71,500

37,501

Yangzijiang

Shipbuilding

Holdings

Ltd.

78,900

99,190

625,142

Curacao

–

0.1%

HAL

Trust

2,889

362,145

Denmark

–

3.0%

AP

Moller

-

Maersk

A/S,

Class

A

97

176,844

AP

Moller

-

Maersk

A/S,

Class

B

98

181,738

Carlsberg

A/S,

Class

B

2,674

346,515

Coloplast

A/S,

Class

B

3,946

458,674

Danske

Bank

A/S

21,103

570,954

Demant

A/S

(b)

2,693

123,155

DSV

A/S

5,426

978,559

Genmab

A/S

(b)

1,991

557,392

Novo

Nordisk

A/S,

Class

B

97,929

11,057,651

Novozymes

A/S,

Class

B

11,178

577,161

Orsted

A/S

(c)

5,453

311,121

Pandora

A/S

2,813

413,640

Tryg

A/S

9,063

194,883

Vestas

Wind

Systems

A/S

(b)

30,620

877,573

16,825,860

Faroe

Islands

–

0.0%

Bakkafrost

P/F

1,589

89,657

Finland

–

1.0%

Elisa

OYJ

3,984

182,842

Fortum

OYJ

12,936

178,316

Huhtamaki

OYJ

3,454

136,457

Kesko

OYJ,

Class

B

9,161

179,916

Kone

OYJ,

Class

B

9,874

492,735

Metso

OYJ

22,515

227,204

Neste

OYJ

13,269

461,950

Nokia

OYJ

158,190

570,831

Nordea

Bank

Abp

99,468

1,234,760

Orion

OYJ,

Class

B

3,648

169,284

Sampo

OYJ,

Class

A

13,235

557,592

Stora

ENSO

OYJ,

Class

R

16,716

214,534

UPM-Kymmene

OYJ

16,400

599,813

Wartsila

OYJ

Abp

15,967

237,615

5,443,849

France

–

9.2%

Aeroports

de

Paris

SA

720

97,293

20

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

France

–

9.2%

(continued)

Air

Liquide

SA

15,776

2,976,293

Airbus

SE

18,127

2,910,244

AXA

SA

54,834

1,855,993

BioMerieux

1,376

149,468

BNP

Paribas

SA

33,006

2,242,587

Bollore

SE

25,292

168,274

Bouygues

SA

5,866

216,518

Capgemini

SE

4,879

1,098,120

Carrefour

SA

16,995

292,050

Cie

de

Saint-Gobain

SA

14,231

1,017,781

CIE

Generale

des

Etablissements

Michelin

SCA

20,320

680,276

Credit

Agricole

SA

35,332

510,905

Danone

SA

19,255

1,291,336

Dassault

Systemes

SE

20,824

1,091,077

Engie

SA

54,812

881,779

EssilorLuxottica

SA

8,881

1,758,643

Hermes

International

SCA

999

2,124,530

Kering

SA

2,204

917,535

Legrand

SA

7,990

783,204

L'Oréal

SA

6,932

3,348,534

LVMH

Moet

Hennessy

Louis

Vuitton

SE

8,015

6,735,177

Orange

SA

58,484

698,682

Pernod

Ricard

SA

5,987

991,764

Safran

SA

11,005

2,073,090

Sanofi

SA

34,191

3,467,382

Sartorius

Stedim

Biotech

738

201,375

Schneider

Electric

SE

16,666

3,311,114

Societe

Generale

SA

22,988

598,297

Sodexo

SA

2,623

298,029

STMicroelectronics

NV

20,035

890,432

Thales

SA

3,066

450,775

TotalEnergies

SE

69,262

4,521,667

Vinci

SA

15,000

1,907,669

52,557,893

Germany

–

6.4%

adidas

AG

5,119

979,316

Allianz

SE

12,436

3,347,426

BASF

SE

27,552

1,330,613

Bayer

AG

30,362

953,141

Bayerische

Motoren

Werke

AG

9,320

979,784

Beiersdorf

AG

3,130

461,884

BioNTech

SE,

ADR

(b)

2,914

279,308

Carl

Zeiss

Meditec

AG

1,267

135,646

Continental

AG

3,403

281,673

Daimler

Truck

Holding

AG

13,048

471,406

Delivery

Hero

SE,

Class

A

(b)(c)

6,274

145,162

Deutsche

Bank

AG

59,416

776,681

Deutsche

Boerse

AG

5,677

1,139,285

Deutsche

Post

AG

29,076

1,406,109

Deutsche

Telekom

AG

99,888

2,467,904

E.ON

SE

68,451

933,896

Evonik

Industries

AG

6,749

125,692

Fresenius

Medical

Care

AG

6,312

246,830

Fresenius

SE

&

Co.

KGaA

12,465

353,667

Hannover

Rueck

SE

1,909

460,765

Hapag-Lloyd

AG

(c)(d)

210

31,730

Heidelberg

Materials

AG

4,049

377,719

Henkel

AG

&

Co.

KGaA

3,038

209,089

Infineon

Technologies

AG

39,854

1,460,866

Knorr-Bremse

AG

2,241

140,069

Mercedes-Benz

Group

AG

24,206

1,652,560

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Germany

–

6.4%

(continued)

Merck

KGaA

3,991

660,687

MTU

Aero

Engines

AG

1,668

387,195

Muenchener

Rueckversicherungs-Gesellschaft

AG

in

Muenchen

4,236

1,813,851

Puma

SE

3,191

130,330

RWE

AG

22,929

855,043

SAP

SE

31,619

5,522,849

Siemens

AG

22,706

4,111,054

Siemens

Energy

AG

(b)

13,900

210,855

Siemens

Healthineers

AG

(c)

8,145

458,831

Symrise

AG,

Class

A

4,096

426,863

Talanx

AG

1,269

89,668

Volkswagen

AG

1,014

144,952

Vonovia

SE

20,991

662,382

36,622,781

Hong

Kong

–

1.9%

AIA

Group

Ltd.

356,200

2,777,241

Alibaba

Health

Information

Technology

Ltd.

(b)

(d)

172,000

62,928

Budweiser

Brewing

Co.

APAC

Ltd.

(c)

44,600

70,061

Cathay

Pacific

Airways

Ltd.

(b)

23,000

23,449

China

Gas

Holdings

Ltd.

92,000

83,794

Chow

Tai

Fook

Jewellery

Group

Ltd.

60,800

82,132

CK

Asset

Holdings

Ltd.

57,500

259,282

CK

Hutchison

Holdings

Ltd.

79,000

408,277

CK

Infrastructure

Holdings

Ltd.

19,500

115,869

CLP

Holdings

Ltd.

60,000

477,022

DFI

Retail

Group

Holdings

Ltd.

(d)

10,600

21,200

ESR

Group

Ltd.

(c)(d)

92,200

117,708

Futu

Holdings

Ltd.,

ADR

(b)

2,199

102,737

Galaxy

Entertainment

Group

Ltd.

50,000

259,682

Geely

Automobile

Holdings

Ltd.

180,000

169,932

Hang

Lung

Properties

Ltd.

53,000

61,561

Hang

Seng

Bank

Ltd.

22,300

231,779

Henderson

Land

Development

Co.

Ltd.

41,000

106,732

Hk

Electric

Investments

&

Hk

Electric

Investments

Ltd.

90,000

55,838

HKT

Trust

&

HKT

Ltd.

123,000

147,746

Hong

Kong

&

China

Gas

Co.

Ltd.

264,507

187,792

Hong

Kong

Exchanges

&

Clearing

Ltd.

36,100

1,092,617

HongKong

Land

Holdings

Ltd.

34,100

106,563

Jardine

Matheson

Holdings

Ltd.

5,200

209,560

Link

REIT

(a)

78,903

395,663

MTR

Corp.

Ltd.

47,500

154,338

New

World

Development

Co.

Ltd.

(d)

45,000

55,147

Power

Assets

Holdings

Ltd.

47,500

278,295

Prudential

PLC

84,945

885,288

Sino

Biopharmaceutical

Ltd.

308,000

110,714

Sino

Land

Co.

Ltd.

104,000

108,560

Sun

Hung

Kai

Properties

Ltd.

46,500

433,340

Swire

Pacific

Ltd.,

Class

A

13,000

100,611

Swire

Pacific

Ltd.,

Class

B

12,500

14,727

Swire

Properties

Ltd.

39,400

73,485

Techtronic

Industries

Co.

Ltd.

44,000

468,298

WH

Group

Ltd.

(c)

234,500

137,990

Wharf

Holdings

Ltd.

(The)

28,000

81,666

Wharf

Real

Estate

Investment

Co.

Ltd.

46,000

134,753

Xinyi

Glass

Holdings

Ltd.

52,000

42,905

10,707,282

Ireland

–

0.9%

AerCap

Holdings

NV

(b)

5,519

422,535

21

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Ireland

–

0.9%

(continued)

AIB

Group

PLC

40,125

177,655

Bank

of

Ireland

Group

PLC

33,217

307,851

DCC

PLC

3,131

229,501

Experian

PLC

27,830

1,168,104

ICON

PLC

(b)

2,509

654,523

James

Hardie

Industries

PLC,

CDI

(b)

13,744

528,867

Kerry

Group

PLC,

Class

A

4,640

416,723

Kingspan

Group

PLC

4,738

388,880

Ryanair

Holdings

PLC,

ADR

5,201

694,854

Smurfit

Kappa

Group

PLC

8,193

307,482

5,296,975

Israel

–

0.8%

Airport

City

Ltd.

(b)

1,871

31,379

Amot

Investments

Ltd.

7,353

38,404

Ashtrom

Group

Ltd.

1,698

25,719

Azrieli

Group

Ltd.

815

55,292

Bank

Hapoalim

BM

36,323

311,329

Bank

Leumi

Le-Israel

BM

43,001

329,322

Bezeq

The

Israeli

Telecommunication

Corp.

Ltd.

65,271

86,805

Big

Shopping

Centers

Ltd.

(b)

405

41,415

Camtek

Ltd.

(b)

960

75,184

Check

Point

Software

Technologies

Ltd.

(b)

2,835

450,567

CyberArk

Software

Ltd.

(b)

1,308

305,392

Delek

Group

Ltd.

296

36,908

Elbit

Systems

Ltd.

732

151,519

Energix-Renewable

Energies

Ltd.

8,659

31,777

Enlight

Renewable

Energy

Ltd.

(b)

3,341

60,698

Fattal

Holdings

1998

Ltd.

(b)

207

23,643

First

International

Bank

of

Israel

Ltd.

(The)

1,731

69,948

Global-e

Online

Ltd.

(b)

2,089

78,901

Harel

Insurance

Investments

&

Financial

Services

Ltd.

5,044

42,096

ICL

Group

Ltd.

18,359

84,583

Inmode

Ltd.

(b)

2,495

59,107

Israel

Corp.

Ltd.

(b)

169

39,172

Israel

Discount

Bank

Ltd.,

Class

A

39,072

190,967

Melisron

Ltd.

930

68,539

Mivne

Real

Estate

Kd

Ltd.

18,792

51,141

Mizrahi

Tefahot

Bank

Ltd.

4,941

185,128

Monday.com

Ltd.

(b)

817

171,603

Nice

Ltd.

(b)

1,885

389,716

Nova

Ltd.

(b)

902

130,001

OPC

Energy

Ltd.

(b)

4,542

32,338

Phoenix

Holdings

Ltd.

(The)

5,434

55,613

Plus500

Ltd.

2,618

59,677

Shapir

Engineering

And

Industry

Ltd.

4,237

24,028

Strauss

Group

Ltd.

(b)

1,904

37,161

Teva

Pharmaceutical

Industries

Ltd.

(b)

33,861

409,556

Tower

Semiconductor

Ltd.

(b)

3,548

102,018

Wix.Com

Ltd.

(b)

1,709

216,838

4,553,484

Italy

–

2.1%

A2A

SpA

54,217

108,393

Amplifon

SpA

4,042

133,343

Assicurazioni

Generali

SpA

32,347

726,982

Banca

Mediolanum

SpA

7,460

76,934

Banco

BPM

SpA

40,366

219,676

Davide

Campari-Milano

NV

16,428

167,920

DiaSorin

SpA

792

73,591

ENEL

SpA

236,561

1,629,408

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Italy

–

2.1%

(continued)

ENI

SpA

66,251

1,066,090

Ferrari

NV

4,041

1,420,890

FinecoBank

Banca

Fineco

SpA

19,112

278,812

Hera

SpA

19,068

67,730

Infrastrutture

Wireless

Italiane

SpA

(c)

10,734

131,114

Interpump

Group

SpA

2,198

109,924

Intesa

Sanpaolo

SpA

483,072

1,502,319

Leonardo

SpA

13,171

231,845

Mediobanca

Banca

di

Credito

Finanziario

SpA

18,591

248,392

Moncler

SpA

5,760

358,514

Nexi

SpA

(b)(c)

13,713

106,415

Pirelli

&

C

SpA

(c)

9,927

54,326

Poste

Italiane

SpA

(c)

13,174

144,032

Prada

SpA

15,900

98,749

Prysmian

SpA

7,676

341,776

Recordati

Industria

Chimica

e

Farmaceutica

SpA

3,205

178,597

Snam

SpA

60,044

295,394

Stevanato

Group

SpA

1,047

33,232

Telecom

Italia

SpA

(b)

385,333

116,738

Telecom

Italia

SpA-RSP

(b)

206,630

65,450

Terna

Rete

Elettrica

Nazionale

SpA

44,110

375,074

UniCredit

SpA

53,401

1,575,463

UnipolSai

Assicurazioni

SpA

6,783

18,066

11,955,189

Japan

–

22.8%

ABC-Mart,

Inc.

2,900

50,937

Acom

Co.

Ltd.

12,700

32,972

Advantest

Corp.

23,500

936,142

AEON

Co.

Ltd.

24,900

601,825

AEON

Mall

Co.

Ltd.

2,600

32,541

AGC,

Inc.

6,400

243,697

Air

Water,

Inc.

6,400

85,618

Aisin

Corp.

4,400

167,211

Ajinomoto

Co.,

Inc.

16,300

678,762

Alfresa

Holdings

Corp.

7,200

119,495

Amada

Co.

Ltd.

9,500

104,310

ANA

Holdings,

Inc.

(b)

14,500

324,371

Asahi

Group

Holdings

Ltd.

15,000

565,418

Asahi

Intecc

Co.

Ltd.

7,600

147,217

Asahi

Kasei

Corp.

40,200

308,702

Asics

Corp.

5,200

161,114

Astellas

Pharma,

Inc.

54,600

644,330

Azbil

Corp.

3,600

118,510

Bandai

Namco

Holdings,

Inc.

17,400

382,699

BayCurrent

Consulting,

Inc.

3,700

87,732

Bridgestone

Corp.

16,900

745,022

Brother

Industries

Ltd.

8,400

142,744

Calbee,

Inc.

2,700

57,316

Canon,

Inc.

30,900

862,473

Capcom

Co.

Ltd.

4,900

189,229

Central

Japan

Railway

Co.

29,100

735,189

Chiba

Bank

Ltd.

(The)

23,100

173,833

Chubu

Electric

Power

Co.,

Inc.

24,200

317,452

Chugai

Pharmaceutical

Co.

Ltd.

19,400

709,641

Coca-Cola

Bottlers

Japan

Holdings,

Inc.

3,500

48,091

Concordia

Financial

Group

Ltd.

33,700

163,157

Cosmos

Pharmaceutical

Corp.

600

65,080

CyberAgent,

Inc.

14,800

96,844

Dai

Nippon

Printing

Co.

Ltd.

8,400

246,641

Daifuku

Co.

Ltd.

10,200

205,047

22

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

22.8%

(continued)

Dai-ichi

Life

Holdings,

Inc.

29,400

655,881

Daiichi

Sankyo

Co.

Ltd.

59,200

1,791,289

Daikin

Industries

Ltd.

8,800

1,437,920

Daito

Trust

Construction

Co.

Ltd.

1,700

195,673

Daiwa

House

Industry

Co.

Ltd.

19,200

602,106

Daiwa

House

REIT

Investment

Corp.

(a)

77

137,328

Daiwa

Securities

Group,

Inc.

46,500

338,471

Denso

Corp.

56,400

903,249

Dentsu

Group,

Inc.

6,000

161,396

Disco

Corp.

2,500

690,611

East

Japan

Railway

Co.

11,500

664,077

Ebara

Corp.

2,800

179,158

Eisai

Co.

Ltd.

9,300

445,229

Electric

Power

Development

Co.

Ltd.

4,900

83,284

ENEOS

Holdings,

Inc.

81,700

334,569

FANUC

Corp.

28,700

808,332

Fast

Retailing

Co.

Ltd.

5,000

1,359,330

Fuji

Electric

Co.

Ltd.

3,900

199,009

Fujifilm

Holdings

Corp.

10,200

656,624

Fujitsu

Ltd.

5,700

812,642

Fukuoka

Financial

Group,

Inc.

5,000

124,885

GLP

J-REIT

(a)

155

139,651

GMO

Payment

Gateway,

Inc.

1,400

86,265

Hakuhodo

DY

Holdings,

Inc.

7,900

61,692

Hamamatsu

Photonics

KK

4,100

164,757

Hankyu

Hanshin

Holdings,

Inc.

8,400

260,261

Haseko

Corp.

8,100

106,781

Hikari

Tsushin,

Inc.

600

106,147

Hirose

Electric

Co.

Ltd.

900

106,270

Hisamitsu

Pharmaceutical

Co.,

Inc.

2,100

60,568

Hitachi

Construction

Machinery

Co.

Ltd.

3,000

86,896

Hitachi

Ltd.

28,700

2,292,270

Honda

Motor

Co.

Ltd.

157,900

1,809,895

Hoshizaki

Corp.

3,200

118,083

Hoya

Corp.

11,100

1,438,615

Hulic

Co.

Ltd.

14,200

159,122

Ibiden

Co.

Ltd.

3,500

180,633

Idemitsu

Kosan

Co.

Ltd.

35,900

202,297

IHI

Corp.

4,400

85,637

Iida

Group

Holdings

Co.

Ltd.

4,200

64,447

INPEX

Corp.

29,900

418,303

Isetan

Mitsukoshi

Holdings

Ltd.

10,800

127,967

Isuzu

Motors

Ltd.

18,000

250,282

ITO

EN

Ltd.

1,700

50,043

ITOCHU

Corp.

39,400

1,819,934

J

Front

Retailing

Co.

Ltd.

8,500

79,810

Japan

Airlines

Co.

Ltd.

14,000

272,338

Japan

Exchange

Group,

Inc.

16,800

377,433

Japan

Metropolitan

Fund

Invest

(a)

229

156,975

Japan

Post

Bank

Co.

Ltd.

13,700

143,912

Japan

Post

Holdings

Co.

Ltd.

64,200

621,907

Japan

Post

Insurance

Co.

Ltd.

4,800

91,091

Japan

Tobacco,

Inc.

34,400

916,627

JFE

Holdings,

Inc.

16,400

262,927

JGC

Holdings

Corp.

8,000

95,174

JSR

Corp.

5,800

160,103

JTEKT

Corp.

7,400

68,976

Kajima

Corp.

14,300

258,657

Kansai

Electric

Power

Co.,

Inc.

(The)

24,400

337,268

Kansai

Paint

Co.

Ltd.

5,400

91,635

KAO

Corp.

14,100

565,543

Kawasaki

Heavy

Industries

Ltd.

4,400

101,410

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

22.8%

(continued)

Kawasaki

Kisen

Kaisha

Ltd.

3,500

172,420

KDDI

Corp.

47,300

1,584,594

Keihan

Holdings

Co.

Ltd.

3,100

76,559

Keikyu

Corp.

9,500

83,870

KEIO

Corp.

3,300

97,662

Keisei

Electric

Railway

Co.

Ltd.

4,500

206,198

Kewpie

Corp.

2,900

52,108

Keyence

Corp.

5,500

2,505,148

Kikkoman

Corp.

4,500

281,406

Kintetsu

Group

Holdings

Co.

Ltd.

4,800

149,738

Kirin

Holdings

Co.

Ltd.

24,800

360,187

Kobayashi

Pharmaceutical

Co.

Ltd.

1,600

73,008

Kobe

Bussan

Co.

Ltd.

3,700

95,427

Koei

Tecmo

Holdings

Co.

Ltd.

4,100

51,722

Koito

Manufacturing

Co.

Ltd.

8,400

130,849

Komatsu

Ltd.

28,100

816,039

Konami

Group

Corp.

2,800

174,810

Kose

Corp.

1,100

72,987

Kubota

Corp.

31,800

490,026

Kuraray

Co.

Ltd.

9,900

105,112

Kurita

Water

Industries

Ltd.

3,300

122,902

Kyocera

Corp.

42,500

634,556

Kyowa

Kirin

Co.

Ltd.

7,600

121,324

Kyushu

Electric

Power

Co.,

Inc.

(b)

12,300

93,276

Kyushu

Railway

Co.

4,200

93,295

Lasertec

Corp.

2,400

653,135

Lawson,

Inc.

1,500

86,680

Lion

Corp.

9,400

84,627

Lixil

Corp.

9,600

129,970

Ly

Corp.

80,900

255,692

M3,

Inc.

12,100

194,900

Makita

Corp.

7,900

216,558

Marubeni

Corp.

51,700

898,892

Marui

Group

Co.

Ltd.

5,100

85,567

MatsukiyoCocokara

&

Co.

10,800

198,933

Mazda

Motor

Corp.

17,100

213,085

McDonald's

Holdings

Co.

Japan

Ltd.

2,400

107,707

Mebuki

Financial

Group,

Inc.

28,900

87,862

Medipal

Holdings

Corp.

4,600

74,236

MEIJI

Holdings

Co.

Ltd.

8,500

207,652

Mercari,

Inc.

(b)

3,100

52,255

Minebea

Mitsumi,

Inc.

12,600

266,352

Misumi

Group,

Inc.

8,600

151,202

Mitsubishi

Chemical

Group

Corp.

45,900

281,005

Mitsubishi

Corp.

115,300

2,023,222

Mitsubishi

Electric

Corp.

61,500

926,865

Mitsubishi

Estate

Co.

Ltd.

34,400

485,377

Mitsubishi

Gas

Chemical

Co.,

Inc.

6,900

114,327

Mitsubishi

HC

Capital,

Inc.

25,600

184,064

Mitsubishi

Heavy

Industries

Ltd.

10,600

720,952

Mitsubishi

Motors

Corp.

20,600

66,362

Mitsubishi

UFJ

Financial

Group,

Inc.

354,500

3,383,120

Mitsui

&

Co.

Ltd.

46,500

1,918,533

Mitsui

Chemicals,

Inc.

5,400

161,584

Mitsui

Fudosan

Co.

Ltd.

28,500

726,855

Mitsui

OSK

Lines

Ltd.

11,500

417,753

Miura

Co.

Ltd.

3,300

61,383

Mizuho

Financial

Group,

Inc.

78,360

1,448,461

MonotaRO

Co.

Ltd.

7,300

69,941

MS&AD

Insurance

Group

Holdings,

Inc.

13,600

572,005

Murata

Manufacturing

Co.

Ltd.

56,800

1,171,555

Nagoya

Railroad

Co.

Ltd.

7,500

116,906

23

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

22.8%

(continued)

NEC

Corp.

7,300

484,419

Nexon

Co.

Ltd.

13,300

215,184

NGK

Insulators

Ltd.

9,700

122,897

NH

Foods

Ltd.

3,100

107,267

Nichirei

Corp.

3,400

83,037

Nidec

Corp.

14,500

549,745

Nikon

Corp.

10,800

112,119

Nintendo

Co.

Ltd.

35,400

2,012,478

Nippon

Building

Fund,

Inc.

(a)

42

171,534

Nippon

Express

Holdings,

Inc.

2,400

144,501

Nippon

Paint

Holdings

Co.

Ltd.

25,800

206,241

Nippon

ProLogis

REIT,

Inc.

(a)

81

145,515

Nippon

Sanso

Holdings

Corp.

6,400

165,062

Nippon

Shinyaku

Co.

Ltd.

2,000

71,626

Nippon

Steel

Corp.

27,200

664,300

Nippon

Telegraph

&

Telephone

Corp.

1,653,300

2,107,130

Nippon

Television

Holdings,

Inc.

4,400

52,044

Nippon

Yusen

KK

15,300

533,603

Nissan

Chemical

Corp.

3,400

137,744

Nissan

Motor

Co.

Ltd.

70,500

283,784

Nisshin

Seifun

Group,

Inc.

8,300

116,998

Nissin

Foods

Holdings

Co.

Ltd.

5,400

176,546

Niterra

Co.

Ltd.

5,200

142,295

Nitori

Holdings

Co.

Ltd.

2,200

289,947

Nitto

Denko

Corp.

4,200

353,699

Nomura

Holdings,

Inc.

92,600

487,278

Nomura

Real

Estate

Holdings,

Inc.

2,900

80,587

Nomura

Real

Estate

Master

Fund,

Inc.

(a)

137

151,269

Nomura

Research

Institute

Ltd.

12,500

387,635

NSK

Ltd.

16,200

89,658

NTT

Data

Group

Corp.

18,900

276,760

Obayashi

Corp.

21,100

197,684

OBIC

Business

Consultants

Co.

Ltd.

1,000

49,030

OBIC

Co.

Ltd.

1,900

295,512

Odakyu

Electric

Railway

Co.

Ltd.

11,100

171,654

OJI

Holdings

Corp.

29,600

117,165

Olympus

Corp.

38,800

583,958

Omron

Corp.

4,900

224,929

ONO

Pharmaceutical

Co.

Ltd.

13,000

237,633

Open

House

Group

Co.

Ltd.

2,200

69,924

Oracle

Corp.

Japan

900

71,852

Oriental

Land

Co.

Ltd.

33,900

1,275,990

ORIX

Corp.

34,700

680,944

ORIX

Jreit,

Inc.

(a)

98

114,375

Osaka

Gas

Co.

Ltd.

13,400

285,280

Otsuka

Corp.

3,100

132,207

Otsuka

Holdings

Co.

Ltd.

14,100

561,781

Pan

Pacific

International

Holdings

Corp.

12,800

280,825

Panasonic

Holdings

Corp.

67,700

652,338

Persol

Holdings

Co.

Ltd.

59,800

96,834

Pola

Orbis

Holdings,

Inc.

3,100

32,490

Rakus

Co.

Ltd.

2,400

40,349

Rakuten

Group,

Inc.

(b)

40,600

180,676

Recruit

Holdings

Co.

Ltd.

44,500

1,804,354

Renesas

Electronics

Corp.

(b)

38,900

657,847

Resona

Holdings,

Inc.

73,100

410,020

Resonac

Holdings

Corp.

5,200

105,405

Ricoh

Co.

Ltd.

16,900

135,038

Rinnai

Corp.

3,400

78,106

ROHM

Co.

Ltd.

10,800

190,584

Rohto

Pharmaceutical

Co.

Ltd.

5,400

112,230

Ryohin

Keikaku

Co.

Ltd.

8,500

133,918

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

22.8%

(continued)

Santen

Pharmaceutical

Co.

Ltd.

11,400

116,593

SBI

Holdings,

Inc.

8,300

206,911

Screen

Holdings

Co.

Ltd.

2,700

270,970

Scsk

Corp.

3,800

75,545

Secom

Co.

Ltd.

7,000

513,357

Sega

Sammy

Holdings,

Inc.

4,400

65,650

Seibu

Holdings,

Inc.

7,500

107,286

Seiko

Epson

Corp.

9,200

136,356

Sekisui

Chemical

Co.

Ltd.

11,900

172,343

Sekisui

House

Ltd.

18,400

421,309

Seven

&

i

Holdings

Co.

Ltd.

23,900

957,472

Seven

Bank

Ltd.

23,300

49,318

SG

Holdings

Co.

Ltd.

13,900

182,053

Sharp

Corp.

(b)

9,100

62,067

Shimadzu

Corp.

8,600

241,747

Shimamura

Co.

Ltd.

600

66,537

Shimano,

Inc.

2,200

321,402

Shimizu

Corp.

16,600

112,370

Shin-Etsu

Chemical

Co.

Ltd.

60,900

2,447,665

Shinko

Electric

Industries

Co.

Ltd.

1,800

68,096

Shionogi

&

Co.

Ltd.

9,500

462,083

Shiseido

Co.

Ltd.

12,000

339,046

Shizuoka

Financial

Group,

Inc.

16,300

151,041

SMC

Corp.

1,600

907,515

SoftBank

Corp.

86,100

1,156,541

SoftBank

Group

Corp.

29,800

1,316,969

Sohgo

Security

Services

Co.

Ltd.

11,400

62,913

Sojitz

Corp.

7,300

174,990

Sompo

Holdings,

Inc.

10,600

557,719

Sony

Group

Corp.

38,700

3,890,518

Square

Enix

Holdings

Co.

Ltd.

2,600

102,862

Stanley

Electric

Co.

Ltd.

4,200

81,572

Subaru

Corp.

17,900

366,266

Sugi

Holdings

Co.

Ltd.

1,000

48,353

Sumco

Corp.

11,600

179,029

Sumitomo

Chemical

Co.

Ltd.

49,900

119,275

Sumitomo

Corp.

36,400

850,392

Sumitomo

Electric

Industries

Ltd.

23,200

313,619

Sumitomo

Heavy

Industries

Ltd.

3,200

84,523

Sumitomo

Metal

Mining

Co.

Ltd.

8,100

227,249

Sumitomo

Mitsui

Financial

Group,

Inc.

41,100

2,165,008

Sumitomo

Mitsui

Trust

Holdings,

Inc.

21,300

443,122

Sumitomo

Realty

&

Development

Co.

Ltd.

13,700

438,250

Sumitomo

Rubber

Industries

Ltd.

4,100

48,286

Sundrug

Co.

Ltd.

2,000

60,995

Suntory

Beverage

&

Food

Ltd.

3,600

119,003

Suzuki

Motor

Corp.

12,800

585,643

Sysmex

Corp.

4,200

230,091

T&D

Holdings,

Inc.

17,100

288,363

Taisei

Corp.

5,100

187,881

Taisho

Pharmaceutical

Holdings

Co.

Ltd.

1,500

88,271

Taiyo

Yuden

Co.

Ltd.

3,700

91,276

Takeda

Pharmaceutical

Co.

Ltd.

46,600

1,390,588

Tbs

Holdings,

Inc.

3,300

77,660

TDK

Corp.

12,300

626,212

Terumo

Corp.

22,100

760,630

THK

Co.

Ltd.

3,700

72,469

TIS,

Inc.

7,400

167,263

Tobu

Railway

Co.

Ltd.

5,600

150,138

Toei

Animation

Co.

Ltd.

300

40,677

Toho

Co.

Ltd.

2,700

88,975

Tohoku

Electric

Power

Co.,

Inc.

13,700

92,570

24

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Japan

–

22.8%

(continued)

Tokio

Marine

Holdings,

Inc.

59,400

1,597,004

Tokyo

Century

Corp.

4,800

54,231

Tokyo

Electric

Power

Co.

Holdings,

Inc.

(b)

45,000

242,678

Tokyo

Electron

Ltd.

14,100

2,687,850

Tokyo

Gas

Co.

Ltd.

13,100

304,793

Tokyu

Corp.

16,600

196,747

Tokyu

Fudosan

Holdings

Corp.

17,700

120,289

Toppan

Holdings,

Inc.

8,700

243,368

Toray

Industries,

Inc.

43,900

222,391

Tosoh

Corp.

9,700

126,812

Toto

Ltd.

4,500

123,602

Toyo

Suisan

Kaisha

Ltd.

2,500

131,794

Toyota

Boshoku

Corp.

1,300

21,811

Toyota

Industries

Corp.

4,800

413,258

Toyota

Motor

Corp.

350,700

7,197,537

Toyota

Tsusho

Corp.

8,100

542,272

Trend

Micro,

Inc.

(b)

3,900

226,890

Tsuruha

Holdings,

Inc.

1,100

88,045

Unicharm

Corp.

12,700

442,056

United

Urban

Investment

Corp.

(a)

104

106,294

USS

Co.

Ltd.

6,300

120,699

Welcia

Holdings

Co.

Ltd.

3,400

57,940

West

Japan

Railway

Co.

8,000

336,583

Workman

Co.

Ltd.

800

23,096

Yakult

Honsha

Co.

Ltd.

8,300

183,403

Yamada

Holdings

Co.

Ltd.

23,700

73,042

Yamaha

Corp.

4,800

107,247

Yamaha

Motor

Co.

Ltd.

29,600

284,913

Yamato

Holdings

Co.

Ltd.

10,000

174,893

Yamazaki

Baking

Co.

Ltd.

3,400

81,293

Yaskawa

Electric

Corp.

8,600

331,057

Yokogawa

Electric

Corp.

7,900

158,027

Yokohama

Rubber

Co.

Ltd.

(The)

3,600

86,666

Zensho

Holdings

Co.

Ltd.

2,600

128,902

ZOZO,

Inc.

2,600

57,861

129,791,896

Jersey

–

0.0%

Arcadium

Lithium

PLC

(b)

18,795

96,662

Jordan

–

0.0%

Hikma

Pharmaceuticals

PLC

5,033

123,795

Luxembourg

–

0.2%

ArcelorMittal

SA

14,034

390,867

Eurofins

Scientific

SE

3,982

242,657

Millicom

International

Cellular

SA,

SDR

(b)

3,798

65,797

Tenaris

SA

14,964

239,187

938,508

Macau

–

0.0%

Sands

China

Ltd.

(b)

68,400

179,373

Malaysia

–

0.0%

Lynas

Rare

Earths

Ltd.

(b)

30,062

116,851

Mexico

–

0.0%

Fresnillo

PLC

(d)

7,205

48,775

Netherlands

–

4.4%

Adyen

NV

(b)(c)

916

1,165,348

Akzo

Nobel

NV

5,435

420,584

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Netherlands

–

4.4%

(continued)

Argenx

SE

(b)

1,766

669,108

ASM

International

NV

1,420

796,224

ASML

Holding

NV

12,185

10,564,922

EXOR

NV

3,099

302,494

Heineken

Holding

NV

3,603

304,686

Heineken

NV

9,013

913,440

ING

Groep

NV

108,439

1,553,672

JDE

Peet's

NV

2,724

67,641

Koninklijke

Ahold

Delhaize

NV

29,542

834,659

Koninklijke

KPN

NV

103,190

352,859

Koninklijke

Philips

NV

(b)

24,328

522,605

NXP

Semiconductors

NV

8,022

1,689,193

Prosus

NV

45,610

1,363,940

Stellantis

NV

67,254

1,497,253

Universal

Music

Group

NV

23,799

707,559

Wolters

Kluwer

NV

7,734

1,146,742

24,872,929

New

Zealand

–

0.3%

a2

Milk

Co.

Ltd.

(The)

(b)

25,227

79,972

Auckland

International

Airport

Ltd.

36,972

191,965

Contact

Energy

Ltd.

24,440

121,406

Fisher

&

Paykel

Healthcare

Corp.

Ltd.

15,702

228,780

Infratil

Ltd.

22,425

145,836

Mainfreight

Ltd.

2,943

129,889

Mercury

NZ

Ltd.

20,589

85,547

Meridian

Energy

Ltd.

33,724

115,211

Ryman

Healthcare

Ltd.

(b)

20,515

71,980

Spark

New

Zealand

Ltd.

57,849

189,262

Xero

Ltd.

(b)

3,915

286,727

1,646,575

Norway

–

0.7%

AKER

ASA,

Class

A

645

38,768

AKER

BP

ASA

9,318

250,224

AutoStore

Holdings

Ltd.

(b)(c)

16,214

30,012

DNB

Bank

ASA

27,156

532,649

Equinor

ASA

27,423

793,716

Frontline

PLC

4,741

106,957

Gjensidige

Forsikring

ASA

4,570

74,166

Kongsberg

Gruppen

ASA

2,533

130,082

Leroy

Seafood

Group

ASA

9,769

39,574

Mowi

ASA

13,058

237,019

Nordic

Semiconductor

ASA

(b)

5,930

60,680

Norsk

Hydro

ASA

37,416

221,635

Orkla

ASA

23,804

187,808

Salmar

ASA

2,193

122,647

Schibsted

ASA,

Class

A

2,808

86,818

Schibsted

ASA,

Class

B

3,331

96,140

Sparebank

1

Sr-Bank

ASA

5,847

71,462

Storebrand

ASA

13,509

122,499

Telenor

ASA

19,720

220,083

Tomra

Systems

ASA

8,351

85,055

Var

Energi

ASA

13,431

39,343

Wallenius

Wilhelmsen

ASA,

Class

B

2,991

29,319

Yara

International

ASA

4,265

142,512

3,719,168

Poland

–

0.3%

Allegro.eu

SA

(b)(c)

15,854

120,939

Bank

Polska

Kasa

Opieki

SA

5,239

203,210

Budimex

SA

322

55,456

CD

Projekt

SA

2,201

57,882

Cyfrowy

Polsat

SA

(b)

9,486

25,899

25

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Poland

–

0.3%

(continued)

Dino

Polska

SA

(b)(c)

1,533

166,993

Inpost

SA

(b)

5,355

81,145

KGHM

Polska

Miedz

SA

4,804

135,622

mBank

SA

(b)

496

66,520

Orlen

SA

17,732

278,943

PGE

Polska

Grupa

Energetyczna

SA

(b)

26,328

55,998

Powszechna

Kasa

Oszczednosci

Bank

Polski

SA

27,851

356,598

Powszechny

Zaklad

Ubezpieczen

SA

18,645

226,369

Santander

Bank

Polska

SA

1,146

140,114

1,971,688

Portugal

–

0.2%

Banco

Comercial

Portugues

SA,

Class

R

(b)

213,207

62,554

EDP

-

Energias

de

Portugal

SA

82,909

373,027

Galp

Energia

SGPS

SA

14,752

234,196

Jeronimo

Martins

SGPS

SA

8,709

199,420

Navigator

Co.

SA

(The)

6,645

27,573

896,770

Russia

–

0.0%

Evraz

PLC

(b),(e)

2,845

0

Singapore

–

1.2%

CapitaLand

Ascendas

REIT

(a)

102,396

223,741

CapitaLand

Integrated

Commercial

Trust

(a)

128,154

192,756

CapitaLand

Investment

Ltd.

77,500

171,662

City

Developments

Ltd.

16,800

76,812

DBS

Group

Holdings

Ltd.

56,763

1,354,140

Frasers

Logistics

&

Commercial

Trust

(a)

75,400

63,193

Genting

Singapore

Ltd.

167,200

126,368

Grab

Holdings

Ltd.

(b)

58,464

179,485

Hafnia

Ltd.

8,754

64,295

Jardine

Cycle

&

Carriage

Ltd.

2,900

56,444

Keppel

DC

REIT

(a)

45,100

57,035

Keppel

Ltd.

40,100

214,851

Keppel

REIT

(a)

32,100

22,219

Mapletree

Industrial

Trust

(a)

54,200

99,368

Mapletree

Logistics

Trust

(a)

97,800

113,436

Mapletree

Pan

Asia

Commercial

Trust

(a)

83,100

90,789

Olam

Group

Ltd.

33,400

22,369

Oversea-Chinese

Banking

Corp.

Ltd.

99,919

963,786

Sats

Ltd.

(b)

28,100

57,825

Sea

Ltd.,

ADR

(b)

11,254

429,228

Seatrium

Ltd.

(b)(d)

2,021,200

151,248

SembCorp

Industries

Ltd.

26,000

110,315

Singapore

Airlines

Ltd.

(d)

41,700

208,445

Singapore

Exchange

Ltd.

27,600

194,347

Singapore

Technologies

Engineering

Ltd.

45,300

126,441

Singapore

Telecommunications

Ltd.

216,400

388,641

United

Overseas

Bank

Ltd.

41,500

881,023

Uol

Group

Ltd.

18,800

88,067

Venture

Corp.

Ltd.

10,400

104,362

Wilmar

International

Ltd.

58,900

145,448

6,978,139

Spain

–

2.3%

ACS

Actividades

de

Construccion

y

Servicios

SA

6,113

242,966

Aena

SME

SA

(c)

2,299

410,179

Amadeus

IT

Group

SA

13,863

979,716

Banco

Bilbao

Vizcaya

Argentaria

SA

185,053

1,743,993

Banco

Santander

SA

490,577

1,990,604

CaixaBank

SA

116,020

498,309

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Spain

–

2.3%

(continued)

Cellnex

Telecom

SA

(c)

17,505

680,349

Corp.

Acciona

Energias

Renovables

SA

(d)

2,061

53,954

EDP

Renovaveis

SA

8,158

133,367

Endesa

SA

10,138

202,187

Ferrovial

SE

14,801

569,306

Grifols

SA

(b)

10,246

112,911

Iberdrola

SA

(b)

2,965

35,992

Iberdrola

SA

177,678

2,156,802

Industria

de

Diseno

Textil

SA

34,118

1,471,677

Naturgy

Energy

Group

SA

4,067

110,444

Redeia

Corp.

SA

13,400

224,595

Repsol

SA

38,864

580,047

Telefonica

SA

156,524

640,990

12,838,388

Sweden

–

3.0%

AAK

AB

5,169

117,564

AddTech

AB,

Class

B

7,445

155,928

ALFA

Laval

AB

8,769

325,983

ASSA

Abloy

AB,

Class

B

29,817

827,356

Atlas

Copco

AB,

Class

A

78,119

1,262,246

Atlas

Copco

AB,

Class

B

47,562

666,315

Avanza

Bank

Holding

AB

3,855

78,351

Axfood

AB

3,588

91,433

Beijer

Ref

AB,

Class

B

9,980

137,930

Boliden

AB

8,873

237,833

Castellum

AB

(b)

13,008

170,526

Electrolux

AB,

Class

B

(b)

7,057

66,934

Elekta

AB,

Class

B

11,315

86,185

Embracer

Group

AB,

Class

B

(b)

27,253

52,885

Epiroc

AB,

Class

A

18,760

334,898

Epiroc

AB,

Class

B

11,216

176,615

EQT

AB

14,059

383,711

Essity

AB,

Class

B

17,891

423,711

Evolution

AB

(c)

5,376

636,336

Fabege

AB

7,396

70,121

Fastighets

AB

Balder,

Class

B

(b)(d)

20,311

137,486

Getinge

AB,

Class

B

6,929

150,016

H

&

M

Hennes

&

Mauritz

AB,

Class

B

19,372

276,508

Hexagon

AB,

Class

B

57,637

635,927

Holmen

AB,

Class

B

3,013

120,026

Husqvarna

AB,

Class

B

12,764

100,557

Industrivarden

AB,

Class

A

4,258

135,335

Industrivarden

AB,

Class

C

4,526

143,634

Indutrade

AB

7,412

182,424

Investment

AB

Latour,

Class

B

4,286

109,137

Investor

AB,

Class

A

14,893

350,980

Investor

AB,

Class

B

55,036

1,309,804

Kinnevik

AB,

Class

B

(b)

9,077

99,139

L

E

Lundbergforetagen

AB,

Class

B

1,744

91,923

Lifco

AB,

Class

B

7,075

172,692

Nibe

Industrier

AB,

Class

B

42,859

260,248

Saab

AB,

Class

B

2,324

151,329

Sagax

AB,

Class

B

6,242

153,628

Sandvik

AB

31,367

666,056

Securitas

AB,

Class

B

16,405

160,917

Skandinaviska

Enskilda

Banken

AB,

Class

A

49,791

713,926

Skanska

AB,

Class

B

10,727

188,069

SKF

AB,

Class

B

12,214

243,397

SSAB

AB,

Class

A

7,604

59,714

SSAB

AB,

Class

B,

Series

B

21,002

162,205

Svenska

Cellulosa

AB

SCA,

Class

B

17,918

246,338

26

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

Sweden

–

3.0%

(continued)

Svenska

Handelsbanken

AB,

Class

A

43,350

472,210

Svenska

Handelsbanken

AB,

Class

B

2,479

33,446

Sweco

AB,

Class

B

5,593

66,202

Swedbank

AB,

Class

A

30,155

621,058

Swedish

Orphan

Biovitrum

AB

(b)

7,293

206,106

Tele2

AB,

Class

B

18,704

160,858

Telefonaktiebolaget

LM

Ericsson,

Class

B

86,277

482,056

Telia

Co.

AB

63,247

164,539

Thule

Group

AB

(c)

3,342

86,070

Trelleborg

AB,

Class

B

6,445

198,171

Volvo

AB,

Class

A

5,305

131,645

Volvo

AB,

Class

B

46,703

1,129,567

Volvo

Car

AB,

Class

B

(b)

11,757

31,087

17,107,291

Switzerland

–

8.0%

ABB

Ltd.

50,196

2,146,869

Alcon,

Inc.

15,088

1,150,969

CIE

Financiere

Richemont

SA,

Class

A

15,509

2,332,180

DSM-Firmenich

AG

8,140

867,229

Geberit

AG

1,015

591,832

Givaudan

SA

287

1,207,417

Glencore

PLC

283,424

1,517,511

Holcim

AG

16,012

1,234,894

Kuehne

+

Nagel

International

AG

1,628

557,564

Lonza

Group

AG

2,280

1,129,037

Nestle

SA

82,333

9,459,393

Novartis

AG

61,701

6,430,109

Partners

Group

Holding

AG

671

917,507

Roche

Holding

AG

21,669

6,241,662

Roche

Holding

AG,

BR

939

286,565

Schindler

Holding

AG

643

154,707

Schindler

Holding

AG,

PC

1,210

304,669

SGS

SA

4,414

411,840

Sika

AG

4,486

1,255,568

Straumann

Holding

AG

3,183

491,262

Swatch

Group

AG

(The)

1,935

89,098

Swatch

Group

AG

(The),

BR

804

190,913

Swiss

RE

AG

8,946

1,033,454

Swisscom

AG

776

466,948

UBS

Group

AG

97,006

2,938,959

Zurich

Insurance

Group

AG

4,502

2,304,398

45,712,554

United

Kingdom

–

11.9%

3i

Group

PLC

29,598

934,372

Admiral

Group

PLC

6,170

197,608

Allfunds

Group

PLC

9,719

70,417

Anglo

American

PLC

35,667

861,437

Ashtead

Group

PLC

13,491

893,708

Associated

British

Foods

PLC

10,773

321,158

AstraZeneca

PLC

46,154

6,171,342

Auto

Trader

Group

PLC

(c)

28,563

265,090

Aviva

PLC

81,143

446,701

B&M

European

Value

Retail

SA

28,444

187,847

BAE

Systems

PLC

94,381

1,414,627

Barclays

PLC

458,773

867,104

Barratt

Developments

PLC

30,190

207,759

Berkeley

Group

Holdings

PLC

3,410

208,481

BP

PLC

482,196

2,839,680

British

American

Tobacco

PLC

62,611

1,864,528

BT

Group

PLC,

Class

A

(d)

187,815

268,352

Bunzl

PLC

10,423

426,732

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

United

Kingdom

–

11.9%

(continued)

Burberry

Group

PLC

12,039

200,530

Centrica

PLC

168,771

297,558

Coca-Cola

Europacific

Partners

PLC

6,786

467,555

Compass

Group

PLC

53,948

1,496,285

ConvaTec

Group

PLC

(c)

52,144

160,030

Croda

International

PLC

4,548

278,288

Diageo

PLC

69,180

2,520,017

DS

Smith

PLC

42,260

152,084

Entain

PLC

20,251

249,685

GSK

PLC

125,101

2,497,974

Haleon

PLC

158,477

648,826

Halma

PLC

12,094

337,746

Hargreaves

Lansdown

PLC

12,165

118,634

HSBC

Holdings

PLC

612,883

4,824,892

Imperial

Brands

PLC

26,566

642,270

Informa

PLC

42,334

419,097

InterContinental

Hotels

Group

PLC

4,973

474,964

Intermediate

Capital

Group

PLC

9,458

215,111

International

Consolidated

Airlines

Group

SA

(b)

114,186

215,279

Intertek

Group

PLC

5,190

296,951

J

Sainsbury

PLC

58,032

199,680

JD

Sports

Fashion

PLC

78,927

117,646

Kingfisher

PLC

60,381

169,470

Land

Securities

Group

PLC

(a)

20,960

178,726

Legal

&

General

Group

PLC

177,086

575,050

Liberty

Global

Ltd.

(b)

6,416

134,351

Liberty

Global

Ltd.

(b)

6,035

118,890

Lloyds

Banking

Group

PLC

1,949,514

1,055,975

London

Stock

Exchange

Group

PLC

11,152

1,269,897

M&G

PLC

68,076

194,275

Melrose

Industries

PLC

42,853

322,406

Mondi

PLC

14,374

258,826

National

Grid

PLC

112,551

1,512,108

NatWest

Group

PLC

162,309

465,470

Next

PLC

3,797

409,452

Ocado

Group

PLC

(b)(d)

18,520

128,912

Pearson

PLC

22,020

272,449

Persimmon

PLC

10,119

188,522

Phoenix

Group

Holdings

PLC

25,714

165,495

Polestar

Automotive

Holding

UK

PLC,

Class

A,

ADR

(b)(d)

8,936

19,391

Reckitt

Benckiser

Group

PLC

22,020

1,600,598

RELX

PLC

58,539

2,431,701

Rentokil

Initial

PLC

76,092

395,639

Rightmove

PLC

26,467

188,812

Rio

Tinto

PLC

32,889

2,304,789

Rolls-Royce

Holdings

PLC

(b)

262,054

1,005,140

Sage

Group

PLC

(The)

30,682

460,267

Schroders

PLC

30,303

156,750

Segro

PLC

(a)

37,113

416,751

Severn

Trent

PLC

8,524

282,009

Shell

PLC

206,500

6,434,800

Smith

&

Nephew

PLC

27,863

394,028

Smiths

Group

PLC

11,014

227,568

Spirax-Sarco

Engineering

PLC

2,404

306,290

SSE

PLC

33,214

712,692

St.

James's

Place

PLC

18,656

155,421

Standard

Chartered

PLC

72,386

551,972

Taylor

Wimpey

PLC

109,842

207,299

Tesco

PLC

216,580

790,452

Unilever

PLC

76,593

3,752,254

27

BNY

Mellon

International

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

99.2%

(continued)

United

Kingdom

–

11.9%

(continued)

United

Utilities

Group

PLC

21,802

296,100

Vodafone

Group

PLC

766,242

656,888

Weir

Group

PLC

(The)

8,087

187,379

Whitbread

PLC

6,032

276,224

Wise

PLC,

Class

A

(b)

18,092

186,572

WPP

PLC

34,667

340,547

67,436,652

United

States

–

0.1%

Rb

Global,

Inc.

5,502

354,404

Total

Common

Stocks

(cost

$507,998,439)

564,170,308

Preferred

Stocks

–

0.4%

Germany

–

0.4%

Bayerische

Motoren

Werke

AG,

9.36%

1,721

169,651

Dr.

Ing.

h.c.

F.

Porsche

AG,

1.28%

(c)

3,645

313,266

Henkel

AG

&

Co.

KGaA,

2.62%

5,283

408,018

Porsche

Automobil

Holding

SE,

5.57%

5,041

254,623

Sartorius

AG,

0.43%

708

262,174

Volkswagen

AG,

7.42%

5,642

734,453

2,142,185

Spain

–

0.0%

Grifols

SA,

Class

B,

4.75%

(b)

8,380

68,271

Total

Preferred

Stocks

(cost

$2,271,395)

2,210,456

Rights

–

0.0%

Spain

–

0.0%

ACS

Actividades

de

Construccion

y

Servicios

SA,

Rights

expiring

2/19/2024

(b)

5,996

2,762

Total

Rights

(cost

$2,982)

2,762

Warrants

–

0.0%

Canada

–

0.0%

Constellation

Software,

Inc.,

Warrants

expiring

8/22/2028

(b)

563

0

Total

Warrants

(cost

$0)

0

Investment

Companies

–

0.1%

Registered

Investment

Companies

–

0.1%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$657,857)

657,857

657,857

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.0%

Registered

Investment

Companies

–

0.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$391,501)

391,501

391,501

Total

Investments

(cost

$511,322,174)

99.7%

567,432,884

Cash

and

Receivables

(Net)

0.3%

1,450,009

Net

Assets

100.0%

568,882,893

ADR—American

Depositary

Receipt

BR—Bearer

Shares

CDI—CREST

Depositary

Interest

PC—Participation

Certificate

REIT—Real

Estate

Investment

Trust

(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

January

31,

2024,

these

securities

were

valued

at

$6,203,443

or

1.09%

of

net

assets.

(d)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2024,

the

value

of

the

fund’s

securities

on

loan

was

$1,109,317

and

the

value

of

the

collateral

was

$1,182,258,

consisting

of

cash

collateral

of

$391,501

and

U.S.

Government

&

Agency

securities

valued

at

$790,757.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

28

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

(e)

The

fund

held

Level

3

securities

at

January

31,

2024.

These

securities

were

valued

at

$0

or

0.00%

of

net

assets.

(f)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(g)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2024.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

($)

Futures

Long

MSCI

EAFE

Index

14

3/15/2024

1,554,947

1,563,100

8,153

S&P/TSX

60

Index

1

3/14/2024

189,133

*

190,232

1,099

Gross

Unrealized

Appreciation

9,252

*

Notional

amounts

in

foreign

currency

have

been

converted

to

USD

using

relevant

foreign

exchange

rates.

29

STATEMENT

OF

INVESTMENTS

January

31,

2024

(Unaudited)

BNY

Mellon

Emerging

Markets

Equity

ETF

Description

Shares

Value

($)

Common

Stocks

–

97.9%

Australia

–

0.0%

Yancoal

Australia

Ltd.

3,200

12,485

Brazil

–

4.6%

Ambev

SA

53,960

142,951

Atacadao

SA

7,429

15,742

B3

SA

-

Brasil

Bolsa

Balcao

73,425

194,369

Banco

Bradesco

SA

15,151

42,070

Banco

BTG

Pactual

SA

19,566

142,871

Banco

do

Brasil

SA

11,420

130,677

Banco

Santander

Brasil

SA

4,145

24,009

BB

Seguridade

Participacoes

SA

8,487

59,087

Caixa

Seguridade

Participacoes

S/A

7,120

20,491

CCR

SA

13,362

35,615

Centrais

Eletricas

Brasileiras

SA

16,142

133,550

Cia

de

Saneamento

Basico

do

Estado

de

Sao

Paulo

4,378

70,316

Cia

Energetica

de

Minas

Gerais

3,826

11,615

Cia

Siderurgica

Nacional

SA

8,328

29,849

Companhia

Paranaense

de

Energia

10,610

19,283

Cosan

SA

15,674

58,273

CPFL

Energia

SA

2,724

19,973

CSN

Mineracao

SA

6,208

8,594

Energisa

S/A

3,914

40,090

Eneva

SA

(a)

8,724

22,547

Engie

Brasil

Energia

SA

2,172

17,834

Equatorial

Energia

SA

12,570

90,387

Hapvida

Participacoes

e

Investimentos

SA

(a)(b)

62,094

49,011

Hypera

SA

5,561

35,756

Itau

Unibanco

Holding

SA

937

5,312

JBS

S/A

8,906

42,339

Klabin

SA

10,760

46,536

Localiza

Rent-A-Car

SA

10,421

114,753

Lojas

Renner

SA

13,445

43,836

Magazine

Luiza

SA

(a)

40,882

17,292

Multiplan

Empreendimentos

Imobiliarios

SA

3,789

21,318

Natura

&

Co.

Holding

SA

(a)

11,436

37,217

Neoenergia

SA

2,514

10,451

NU

Holdings

Ltd.,

Class

A

(a)

29,948

257,852

Pagseguro

Digital

Ltd.,

Class

A

(a)

2,762

35,547

Petroleo

Brasileiro

SA

48,913

420,815

Porto

Seguro

SA

2,483

13,427

Prio

SA

9,322

83,162

Raia

Drogasil

SA

15,938

81,608

Rede

D'Or

Sao

Luiz

SA

(b)

12,521

68,445

Rumo

SA

16,176

75,591

Sendas

Distribuidora

S/A

18,001

50,056

Stoneco

Ltd.

(a)

3,180

54,664

Suzano

SA

9,287

97,304

Telefonica

Brasil

SA

4,742

49,233

Tim

SA

10,075

35,520

Totvs

SA

7,157

45,844

Ultrapar

Participacoes

SA

8,852

50,485

Vale

SA

51,017

701,999

Vibra

Energia

SA

14,289

68,826

WEG

SA

19,267

125,948

XP,

Inc.,

Class

A

5,083

124,940

4,195,280

Chile

–

0.4%

Banco

de

Chile

572,676

64,056

Banco

de

Credito

e

Inversiones

SA

1,149

30,352

Banco

Santander

Chile

844,382

38,956

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Chile

–

0.4%

(continued)

Cencosud

SA

15,485

26,884

Cia

Cervecerias

Unidas

SA

2,082

12,598

Cia

Sud

Americana

de

Vapores

SA

232,263

16,697

Empresas

CMPC

SA

15,663

25,460

Empresas

COPEC

SA

5,943

37,692

Enel

Americas

SA

238,192

24,082

Enel

Chile

SA

333,775

20,015

Falabella

SA

(a)

16,665

39,514

Latam

Airlines

Group

SA

(a)

5,943,255

73,268

409,574

China

–

21.0%

360

Security

Technology,

Inc.,

Class

A

(a)

9,300

8,847

37

Interactive

Entertainment

Network

Technology

Group

Co.

Ltd.,

Class

A

1,100

2,546

Advanced

Micro-Fabrication

Equipment,

Inc.

China,

Class

A

488

7,753

AECC

Aero-Engine

Control

Co.

Ltd.,

Class

A

1,700

3,594

AECC

Aviation

Power

Co.

Ltd.,

Class

A

1,000

4,381

Agricultural

Bank

of

China

Ltd.,

Class

A

84,900

46,000

Agricultural

Bank

of

China

Ltd.,

Class

H

408,000

157,621

Aier

Eye

Hospital

Group

Co.

Ltd.,

Class

A

8,000

14,252

Air

China

Ltd.,

Class

A

(a)

7,200

7,130

Air

China

Ltd.,

Class

H

(a)

22,000

12,270

Akeso,

Inc.

(a)(b)

6,000

30,433

Alibaba

Group

Holding

Ltd.

204,880

1,822,815

Aluminum

Corp.

of

China

Ltd.,

Class

A

16,400

12,997

Aluminum

Corp.

of

China

Ltd.,

Class

H

46,000

22,361

Angang

Steel

Co.

Ltd.,

Class

H

38,000

6,222

Angel

Yeast

Co.

Ltd.,

Class

A

1,500

6,445

Anhui

Conch

Cement

Co.

Ltd.,

Class

A

4,100

13,197

Anhui

Conch

Cement

Co.

Ltd.,

Class

H

8,500

17,049

Anhui

Gujing

Distillery

Co.

Ltd.,

Class

A

300

8,320

Anhui

Gujing

Distillery

Co.

Ltd.,

Class

B

1,900

24,553

Anhui

Jianghuai

Automobile

Group

Corp.,

Ltd.,

Class

A

(a)

1,800

3,054

Anhui

Yingjia

Distillery

Co.

Ltd.,

Class

A

700

4,900

Anjoy

Foods

Group

Co.

Ltd.,

Class

A

300

3,105

Anker

Innovations

Technology

Co.

Ltd.,

Class

A

400

3,820

ANTA

Sports

Products

Ltd.

16,400

137,729

ASR

Microelectronics

Co.

Ltd.,

Class

A

(a)

481

3,082

Asymchem

Laboratories

Tianjin

Co.

Ltd.,

Class

A

340

4,050

Asymchem

Laboratories

Tianjin

Co.

Ltd.,

Class

H

(b)

340

2,638

Autobio

Diagnostics

Co.

Ltd.,

Class

A

800

5,245

Autohome,

Inc.,

ADR

951

23,965

Avary

Holding

Shenzhen

Co.

Ltd.,

Class

A

300

732

Avichina

Industry

&

Technology

Co.

Ltd.,

Class

H

32,000

11,830

BAIC

BluePark

New

Energy

Technology

Co.

Ltd.,

Class

A

(a)

5,000

3,057

Baidu,

Inc.,

Class

A

(a)

28,650

371,628

Bank

of

Beijing

Co.

Ltd.,

Class

A

16,100

11,437

Bank

of

Changsha

Co.

Ltd.,

Class

A

4,400

4,388

Bank

of

Chengdu

Co.

Ltd.,

Class

A

3,800

6,632

Bank

of

China

Ltd.,

Class

A

51,200

30,808

Bank

of

China

Ltd.,

Class

H

1,033,000

388,502

Bank

of

Communications

Co.

Ltd.,

Class

A

30,200

25,238

Bank

of

Communications

Co.

Ltd.,

Class

H

138,000

81,558

Bank

of

Hangzhou

Co.

Ltd.,

Class

A

2,800

4,255

Bank

of

Jiangsu

Co.

Ltd.,

Class

A

10,800

11,011

Bank

of

Nanjing

Co.

Ltd.,

Class

A

4,600

5,318

30

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Bank

of

Ningbo

Co.

Ltd.,

Class

A

4,500

13,482

Bank

of

Shanghai

Co.

Ltd.,

Class

A

12,500

11,143

Bank

of

Suzhou

Co.

Ltd.,

Class

A

5,100

5,022

Baoshan

Iron

&

Steel

Co.

Ltd.,

Class

A

17,700

15,162

Beijing

Capital

Eco-Environment

Protection

Group

Co.

Ltd.,

Class

A

16,000

6,062

Beijing

Dabeinong

Technology

Group

Co.

Ltd.,

Class

A

5,500

3,631

Beijing

Easpring

Material

Technology

Co.

Ltd.,

Class

A

900

3,986

Beijing

Kingsoft

Office

Software,

Inc.,

Class

A

363

10,831

Beijing

New

Building

Materials

PLC,

Class

A

2,700

10,045

Beijing

Oriental

Yuhong

Waterproof

Technology

Co.

Ltd.,

Class

A

2,500

5,624

Beijing

Shiji

Information

Technology

Co.

Ltd.,

Class

A

(a)

3,290

3,263

Beijing

Tiantan

Biological

Products

Corp.,

Ltd.,

Class

A

1,700

6,244

Beijing

Tongrentang

Co.

Ltd.,

Class

A

1,300

7,916

Beijing

United

Information

Technology

Co.

Ltd.,

Class

A

1,000

2,465

Beijing

Yanjing

Brewery

Co.

Ltd.,

Class

A

300

341

Beijing-Shanghai

High

Speed

Railway

Co.

Ltd.,

Class

A

36,600

25,336

Beiqi

Foton

Motor

Co.

Ltd.,

Class

A

(a)

11,000

3,723

Bethel

Automotive

Safety

Systems

Co.

Ltd.,

Class

A

400

2,872

Bilibili,

Inc.,

Class

Z

(a)

3,220

28,195

Bloomage

Biotechnology

Corp.

Ltd.,

Class

A

336

2,614

BOC

International

China

Co.

Ltd.,

Class

A

3,500

5,041

BOE

Technology

Group

Co.

Ltd.,

Class

A

27,100

13,589

BTG

Hotels

Group

Co.

Ltd.,

Class

A

(a)

2,500

4,868

BYD

Co.

Ltd.,

Class

A

1,200

28,536

BYD

Co.

Ltd.,

Class

H

13,000

289,859

By-health

Co.

Ltd.,

Class

A

2,700

5,660

Caitong

Securities

Co.

Ltd.,

Class

A

5,600

5,795

Calb

Group

Co.

Ltd.

(a)(b)

2,000

3,725

Cambricon

Technologies

Corp.

Ltd.,

Class

A

(a)

141

2,160

Canmax

Technologies

Co.

Ltd.,

Class

A

1,600

4,386

Cathay

Biotech,

Inc.,

Class

A

622

3,801

CECEP

Solar

Energy

Co.

Ltd.,

Class

A

7,800

5,476

CECEP

Wind-Power

Corp.,

Class

A

17,300

6,843

CGN

Power

Co.

Ltd.,

Class

A

14,100

7,502

CGN

Power

Co.

Ltd.,

Class

H

(b)

149,000

41,742

Changchun

High

&

New

Technology

Industry

Group,

Inc.,

Class

A

300

4,774

Changjiang

Securities

Co.

Ltd.,

Class

A

7,100

4,875

Changzhou

Xingyu

Automotive

Lighting

Systems

Co.

Ltd.,

Class

A

300

5,294

Chaozhou

Three-Circle

Group

Co.

Ltd.,

Class

A

1,900

6,047

Chengxin

Lithium

Group

Co.

Ltd.,

Class

A

1,500

4,237

Chifeng

Jilong

Gold

Mining

Co.

Ltd.,

Class

A

(a)

2,200

3,677

China

Baoan

Group

Co.

Ltd.,

Class

A

4,000

6,017

China

Cinda

Asset

Management

Co.

Ltd.,

Class

H

145,000

13,912

China

CITIC

Bank

Corp.

Ltd.,

Class

H

159,000

78,714

China

Coal

Energy

Co.

Ltd.,

Class

A

5,100

8,638

China

Coal

Energy

Co.

Ltd.,

Class

H

25,000

27,375

China

Communications

Services

Corp.

Ltd.,

Class

H

34,000

14,005

China

Construction

Bank

Corp.,

Class

A

2,800

2,675

China

Construction

Bank

Corp.,

Class

H

1,183,000

702,180

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

China

CSSC

Holdings

Ltd.,

Class

A

3,500

14,912

China

Eastern

Airlines

Corp.

Ltd.,

Class

A

(a)

6,500

3,386

China

Eastern

Airlines

Corp.

Ltd.,

Class

H

(a)

32,000

7,941

China

Energy

Engineering

Corp.

Ltd.,

Class

A

22,500

6,613

China

Energy

Engineering

Corp.

Ltd.,

Class

H

128,000

11,298

China

Everbright

Bank

Co.

Ltd.,

Class

A

23,000

10,091

China

Everbright

Bank

Co.

Ltd.,

Class

H

147,000

43,627

China

Feihe

Ltd.

(b)

50,000

22,898

China

First

Heavy

Industries

Co.

Ltd.,

Class

A

(a)

17,600

6,423

China

Galaxy

Securities

Co.

Ltd.,

Class

A

3,200

5,184

China

Galaxy

Securities

Co.

Ltd.,

Class

H

48,000

23,517

China

Great

Wall

Securities

Co.

Ltd.,

Class

A

5,000

5,098

China

Greatwall

Technology

Group

Co.

Ltd.,

Class

A

3,600

4,167

China

Hongqiao

Group

Ltd.

31,000

22,683

China

International

Capital

Corp.

Ltd.,

Class

A

800

3,601

China

International

Capital

Corp.

Ltd.,

Class

H

(b)

21,600

25,614

China

International

Marine

Containers

Group

Co.

Ltd.,

Class

A

9,700

10,795

China

Jushi

Co.

Ltd.,

Class

A

1,100

1,406

China

Lesso

Group

Holdings

Ltd.

20,000

8,827

China

Life

Insurance

Co.

Ltd.,

Class

A

3,100

12,409

China

Life

Insurance

Co.

Ltd.,

Class

H

89,000

102,238

China

Literature

Ltd.

(a)(b)

5,200

15,067

China

Longyuan

Power

Group

Corp.

Ltd.,

Class

H

40,000

23,998

China

Merchants

Bank

Co.

Ltd.,

Class

A

17,600

75,283

China

Merchants

Bank

Co.

Ltd.,

Class

H

45,500

166,174

China

Merchants

Energy

Shipping

Co.

Ltd.,

Class

A

10,500

9,550

China

Merchants

Expressway

Network

&

Technology

Holdings

Co.

Ltd.,

Class

A

4,100

6,036

China

Merchants

Securities

Co.

Ltd.,

Class

A

3,100

5,773

China

Merchants

Securities

Co.

Ltd.,

Class

H

(b)

15,600

11,654

China

Merchants

Shekou

Industrial

Zone

Holdings

Co.

Ltd.,

Class

A

5,000

6,108

China

Minsheng

Banking

Corp.

Ltd.,

Class

A

45,500

25,033

China

Minsheng

Banking

Corp.

Ltd.,

Class

H

67,000

22,284

China

National

Building

Material

Co.

Ltd.,

Class

H

72,000

25,329

China

National

Chemical

Engineering

Co.

Ltd.,

Class

A

7,700

6,864

China

National

Nuclear

Power

Co.

Ltd.,

Class

A

18,100

20,900

China

National

Software

&

Service

Co.

Ltd.,

Class

A

990

3,668

China

Northern

Rare

Earth

Group

High-Tech

Co.

Ltd.,

Class

A

1,600

3,762

China

Oilfield

Services

Ltd.,

Class

A

300

642

China

Oilfield

Services

Ltd.,

Class

H

26,000

24,978

China

Pacific

Insurance

Group

Co.

Ltd.,

Class

A

6,200

21,468

China

Pacific

Insurance

Group

Co.

Ltd.,

Class

H

32,000

58,619

China

Petroleum

&

Chemical

Corp.,

Class

A

28,700

23,825

China

Petroleum

&

Chemical

Corp.,

Class

H

312,000

162,042

China

Railway

Group

Ltd.,

Class

A

13,800

12,129

China

Railway

Group

Ltd.,

Class

H

60,000

27,401

China

Railway

Signal

&

Communication

Corp.

Ltd.,

Class

A

6,629

4,284

China

Railway

Signal

&

Communication

Corp.

Ltd.,

Class

H

(b)

10,000

3,556

China

Resources

Microelectronics

Ltd.,

Class

A

805

4,243

China

Resources

Mixc

Lifestyle

Services

Ltd.

(b)

7,000

20,193

31

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

China

Resources

Pharmaceutical

Group

Ltd.

(b)

18,500

11,265

China

Resources

Sanjiu

Medical

&

Pharmaceutical

Co.

Ltd.,

Class

A

1,000

7,285

China

Shenhua

Energy

Co.

Ltd.,

Class

A

5,200

26,885

China

Shenhua

Energy

Co.

Ltd.,

Class

H

44,500

168,215

China

Southern

Airlines

Co.

Ltd.,

Class

A

(a)

11,700

9,387

China

Southern

Airlines

Co.

Ltd.,

Class

H

(a)

14,000

5,176

China

Southern

Power

Grid

Energy

Storage

Co.

Ltd.,

Class

A

4,500

5,415

China

State

Construction

Engineering

Corp.

Ltd.,

Class

A

35,000

25,057

China

Suntien

Green

Energy

Corp.

Ltd.,

Class

H

31,000

10,707

China

Three

Gorges

Renewables

Group

Co.

Ltd.,

Class

A

9,900

6,109

China

Tourism

Group

Duty

Free

Corp.

Ltd.,

Class

A

1,500

16,674

China

Tourism

Group

Duty

Free

Corp.

Ltd.,

Class

H

(b)

1,100

9,611

China

Tower

Corp.

Ltd.,

Class

H

(b)

554,000

61,656

China

United

Network

Communications

Ltd.,

Class

A

26,200

16,495

China

Vanke

Co.

Ltd.,

Class

H

48,900

38,346

China

XD

Electric

Co.

Ltd.,

Class

A

9,600

6,819

China

Yangtze

Power

Co.

Ltd.,

Class

A

19,000

64,572

China

Zhenhua

Group

Science

&

Technology

Co.

Ltd.,

Class

A

600

3,727

China

Zheshang

Bank

Co.

Ltd.,

Class

A

1,500

562

China

Zheshang

Bank

Co.

Ltd.,

Class

H

54,000

14,299

Chongqing

Brewery

Co.

Ltd.,

Class

A

100

774

Chongqing

Changan

Automobile

Co.

Ltd.,

Class

A

6,386

11,385

Chongqing

Changan

Automobile

Co.

Ltd.,

Class

B

56,350

28,834

Chongqing

Rural

Commercial

Bank

Co.

Ltd.,

Class

A

8,500

5,126

Chongqing

Rural

Commercial

Bank

Co.

Ltd.,

Class

H

40,000

15,555

Chongqing

Zhifei

Biological

Products

Co.

Ltd.,

Class

A

2,000

12,516

CITIC

Ltd.

76,000

73,110

CITIC

Pacific

Special

Steel

Group

Co.

Ltd.,

Class

A

1,400

2,691

CITIC

Securities

Co.

Ltd.,

Class

A

8,935

25,512

CITIC

Securities

Co.

Ltd.,

Class

H

27,000

52,637

CMOC

Group

Ltd.,

Class

A

13,600

10,172

CMOC

Group

Ltd.,

Class

H

54,000

29,565

CNGR

Advanced

Material

Co.

Ltd.,

Class

A

800

4,853

CNPC

Capital

Co.

Ltd.,

Class

A

4,600

3,940

Contemporary

Amperex

Technology

Co.

Ltd.,

Class

A

3,500

73,899

COSCO

SHIPPING

Development

Co.

Ltd.,

Class

A

18,100

5,924

COSCO

Shipping

Energy

Transportation

Co.

Ltd.,

Class

A

3,700

6,792

COSCO

Shipping

Energy

Transportation

Co.

Ltd.,

Class

H

18,000

16,740

COSCO

Shipping

Holdings

Co.

Ltd.,

Class

A

13,100

18,155

COSCO

Shipping

Holdings

Co.

Ltd.,

Class

H

39,500

41,485

Country

Garden

Holdings

Co.

Ltd.

(a)

169,000

13,620

Country

Garden

Services

Holdings

Co.

Ltd.

30,000

19,726

CRRC

Corp.

Ltd.,

Class

A

22,400

17,753

CRRC

Corp.

Ltd.,

Class

H

58,000

26,933

CSC

Financial

Co.

Ltd.,

Class

A

300

934

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

CSC

Financial

Co.

Ltd.,

Class

H

(b)

18,500

14,081

Daqin

Railway

Co.

Ltd.,

Class

A

13,100

13,630

DaShenLin

Pharmaceutical

Group

Co.

Ltd.,

Class

A

1,500

4,764

Datang

International

Power

Generation

Co.

Ltd.,

Class

A

9,400

3,195

Datang

International

Power

Generation

Co.

Ltd.,

Class

H

42,000

6,447

Do-Fluoride

New

Materials

Co.

Ltd.,

Class

A

2,700

4,565

Dong-E-E-Jiao

Co.

Ltd.,

Class

A

900

6,582

Dongfang

Electric

Corp.

Ltd.,

Class

H

10,200

8,742

Dongfeng

Motor

Group

Co.

Ltd.,

Class

H

38,000

14,680

Dongxing

Securities

Co.

Ltd.,

Class

A

5,300

5,854

East

Buy

Holding

Ltd.

(a)(b)

6,000

17,653

East

Money

Information

Co.

Ltd.,

Class

A

14,800

25,726

Eastroc

Beverage

Group

Co.

Ltd.,

Class

A

100

2,266

Ecovacs

Robotics

Co.

Ltd.,

Class

A

700

3,117

Empyrean

Technology

Co.

Ltd.

500

5,418

ENN

Energy

Holdings

Ltd.

9,600

70,981

ENN

Natural

Gas

Co.

Ltd.,

Class

A

1,800

4,382

Eve

Energy

Co.

Ltd.,

Class

A

2,000

9,689

Everbright

Securities

Co.

Ltd.,

Class

A

4,000

8,714

Fangda

Carbon

New

Material

Co.

Ltd.,

Class

A

(a)

7,500

4,617

First

Capital

Securities

Co.

Ltd.,

Class

A

6,900

5,046

Flat

Glass

Group

Co.

Ltd.,

Class

A

1,100

3,127

Flat

Glass

Group

Co.

Ltd.,

Class

H

6,000

9,042

Focus

Media

Information

Technology

Co.

Ltd.,

Class

A

12,100

9,522

Foshan

Haitian

Flavouring

&

Food

Co.

Ltd.,

Class

A

1,382

6,531

Founder

Securities

Co.

Ltd.,

Class

A

8,300

8,000

Foxconn

Industrial

Internet

Co.

Ltd.,

Class

A

8,700

16,129

Fujian

Sunner

Development

Co.

Ltd.,

Class

A

1,900

3,951

Full

Truck

Alliance

Co.

Ltd.,

ADR

(a)

10,456

65,664

Fuyao

Glass

Industry

Group

Co.

Ltd.,

Class

A

2,100

11,147

Fuyao

Glass

Industry

Group

Co.

Ltd.,

Class

H

(b)

7,600

34,319

GalaxyCore,

Inc.,

Class

A

1,901

4,334

Gan

&

Lee

Pharmaceuticals

Co.

Ltd.,

Class

A

(a)

800

4,087

Ganfeng

Lithium

Co.

Ltd.,

Class

H

(b)

5,560

14,865

Ganfeng

Lithium

Group

Co.

Ltd.,

Class

A

1,900

9,006

G-bits

Network

Technology

Xiamen

Co.

Ltd.,

Class

A

100

2,521

GD

Power

Development

Co.

Ltd.,

Class

A

10,200

6,351

GDS

Holdings

Ltd.,

ADR

(a)(c)

1,511

8,190

GEM

Co.

Ltd.,

Class

A

13,800

8,650

Gemdale

Corp.,

Class

A

1,600

898

Genscript

Biotech

Corp.

(a)

16,000

26,526

GF

Securities

Co.

Ltd.,

Class

A

5,100

9,732

GF

Securities

Co.

Ltd.,

Class

H

12,800

12,837

Giant

Biogene

Holding

Co.

Ltd.

(a)(b)

4,600

18,624

GigaDevice

Semiconductor

Beijing,

Inc.,

Class

A

480

4,179

Ginlong

Technologies

Co.

Ltd.,

Class

A

500

4,158

Glodon

Co.

Ltd.,

Class

A

2,000

3,407

GoerTek,

Inc.,

Class

A

3,600

7,647

Goldwind

Science

&

Technology

Co.

Ltd.,

Class

A

3,200

3,111

Goldwind

Science

&

Technology

Co.

Ltd.,

Class

H

15,000

5,488

Gongniu

Group

Co.

Ltd.,

Class

A

400

5,176

Gotion

High-tech

Co.

Ltd.,

Class

A

(a)

500

1,302

32

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Great

Wall

Motor

Co.

Ltd.,

Class

A

1,700

4,838

Great

Wall

Motor

Co.

Ltd.,

Class

H

31,500

30,987

Gree

Electric

Appliances,

Inc.

of

Zhuhai,

Class

A

4,600

22,585

Greenland

Holdings

Corp.

Ltd.,

Class

A

(a)

16,500

4,849

Greentown

China

Holdings

Ltd.

16,000

11,994

GRG

Banking

Equipment

Co.

Ltd.,

Class

A

3,000

3,965

Guangdong

Haid

Group

Co.

Ltd.,

Class

A

800

4,212

Guanghui

Energy

Co.

Ltd.,

Class

A

3,200

3,142

Guangzhou

Automobile

Group

Co.

Ltd.,

Class

H

62,000

24,507

Guangzhou

Baiyunshan

Pharmaceutical

Holdings

Co.

Ltd.,

Class

A

300

1,142

Guangzhou

Baiyunshan

Pharmaceutical

Holdings

Co.

Ltd.,

Class

H

4,000

9,743

Guangzhou

Kingmed

Diagnostics

Group

Co.

Ltd.,

Class

A

500

3,639

Guangzhou

Tinci

Materials

Technology

Co.

Ltd.,

Class

A

300

781

Guolian

Securities

Co.

Ltd.,

Class

H

(a)

16,000

6,202

Guosen

Securities

Co.

Ltd.,

Class

A

4,600

5,145

Guotai

Junan

Securities

Co.

Ltd.,

Class

A

4,900

9,971

Guotai

Junan

Securities

Co.

Ltd.,

Class

H

(b)

13,600

15,101

Guoyuan

Securities

Co.

Ltd.,

Class

A

4,900

4,361

H

World

Group

Ltd.

20,700

64,081

Haidilao

International

Holding

Ltd.

(b)

22,000

34,503

Haier

Smart

Home

Co.

Ltd.,

Class

A

8,900

27,656

Haier

Smart

Home

Co.

Ltd.,

Class

H

25,800

72,774

Hainan

Airlines

Holding

Co.

Ltd.,

Class

A

(a)

28,000

5,343

Hainan

Airport

Infrastructure

Co.

Ltd.,

Class

A

(a)

14,500

7,049

Haitian

International

Holdings

Ltd.

9,000

20,056

Haitong

Securities

Co.

Ltd.,

Class

A

13,400

16,406

Haitong

Securities

Co.

Ltd.,

Class

H

16,000

7,368

Hangzhou

First

Applied

Material

Co.

Ltd.,

Class

A

328

1,038

Hangzhou

Oxygen

Plant

Group

Co.

Ltd.,

Class

A

1,000

3,315

Hangzhou

Robam

Appliances

Co.

Ltd.,

Class

A

1,500

4,540

Hangzhou

Silan

Microelectronics

Co.

Ltd.,

Class

A

900

2,278

Hangzhou

Tigermed

Consulting

Co.

Ltd.,

Class

A

800

4,524

Hangzhou

Tigermed

Consulting

Co.

Ltd.,

Class

H

(b)

1,800

5,630

Han's

Laser

Technology

Industry

Group

Co.

Ltd.,

Class

A

2,100

4,826

Hansoh

Pharmaceutical

Group

Co.

Ltd.

(b)

14,000

20,989

Haohua

Chemical

Science

&

Technology

Co.

Ltd.,

Class

A

1,100

4,091

Heilongjiang

Agriculture

Co.

Ltd.,

Class

A

3,500

5,548

Henan

Shenhuo

Coal

&

Power

Co.

Ltd.,

Class

A

2,300

5,318

Henan

Shuanghui

Investment

&

Development

Co.

Ltd.,

Class

A

2,300

9,111

Hengan

International

Group

Co.

Ltd.

9,000

27,861

Hengdian

Group

DMEGC

Magnetics

Co.

Ltd.,

Class

A

2,200

3,882

Hengli

Petrochemical

Co.

Ltd.,

Class

A

(a)

3,600

5,897

Hengtong

Optic-electric

Co.

Ltd.,

Class

A

2,800

4,286

Hengyi

Petrochemical

Co.

Ltd.,

Class

A

(a)

4,600

3,992

Hisense

Home

Appliances

Group

Co.

Ltd.,

Class

H

5,000

12,025

Hithink

RoyalFlush

Information

Network

Co.

Ltd.,

Class

A

500

8,012

Hongta

Securities

Co.

Ltd.,

Class

A

4,300

4,384

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Horizon

Construction

Development

Ltd.

(a)

703

239

Hoshine

Silicon

Industry

Co.

Ltd.,

Class

A

200

1,220

Hoyuan

Green

Energy

Co.

Ltd.,

Class

A

279

961

Hua

Hong

Semiconductor

Ltd.

(a)(b)

10,000

18,165

Huadian

Power

International

Corp.

Ltd.,

Class

A

3,600

3,044

Huadian

Power

International

Corp.

Ltd.,

Class

H

24,000

11,513

Huadong

Medicine

Co.

Ltd.,

Class

A

1,200

4,839

Huafon

Chemical

Co.

Ltd.,

Class

A

9,800

8,340

Hualan

Biological

Engineering,

Inc.,

Class

A

2,600

6,374

Huaneng

Lancang

River

Hydropower,

Inc.,

Class

A

6,400

7,791

Huaneng

Power

International,

Inc.,

Class

A

(a)

6,400

7,809

Huaneng

Power

International,

Inc.,

Class

H

(a)

54,000

30,463

Huatai

Securities

Co.

Ltd.,

Class

A

7,300

13,971

Huatai

Securities

Co.

Ltd.,

Class

H

(b)

16,600

19,558

Huaxia

Bank

Co.

Ltd.,

Class

A

15,100

12,745

Huayu

Automotive

Systems

Co.

Ltd.,

Class

A

3,400

7,691

Hubei

Feilihua

Quartz

Glass

Co.

Ltd.,

Class

A

800

2,808

Hubei

Xingfa

Chemicals

Group

Co.

Ltd.

1,700

3,874

Huizhou

Desay

Sv

Automaotive

Co.

Ltd.,

Class

A

500

5,924

Humanwell

Healthcare

Group

Co.

Ltd.,

Class

A

2,000

5,619

Hunan

Changyuan

Lico

Co.

Ltd.,

Class

A

4,094

3,205

Hunan

Valin

Steel

Co.

Ltd.,

Class

A

7,400

5,617

Hundsun

Technologies,

Inc.,

Class

A

1,100

3,224

Hygeia

Healthcare

Holdings

Co.

Ltd.

(b)

4,200

13,620

IEIT

System

Co.

Ltd.,

Class

A

700

2,737

iFlytek

Co.

Ltd.,

Class

A

1,900

10,162

Imeik

Technology

Development

Co.

Ltd.,

Class

A

200

7,546

Industrial

&

Commercial

Bank

of

China

Ltd.,

Class

A

54,800

39,462

Industrial

&

Commercial

Bank

of

China

Ltd.,

Class

H

878,000

429,046

Industrial

Bank

Co.

Ltd.,

Class

A

14,700

32,207

Industrial

Securities

Co.

Ltd.,

Class

A

5,400

4,099

Ingenic

Semiconductor

Co.

Ltd.,

Class

A

500

3,312

Inner

Mongolia

BaoTou

Steel

Union

Co.

Ltd.,

Class

A

(a)

9,200

1,820

Inner

Mongolia

Junzheng

Energy

&

Chemical

Industry

Group

Co.

Ltd.,

Class

A

18,000

8,925

Inner

Mongolia

Yili

Industrial

Group

Co.

Ltd.,

Class

A

4,100

15,470

Inner

Mongolia

Yitai

Coal

Co.

Ltd.,

Class

B

12,900

24,342

Inner

Mongolia

Yuan

Xing

Energy

Co.

Ltd.,

Class

A

5,100

3,708

Innovent

Biologics,

Inc.

(a)(b)

16,000

64,473

iQIYI,

Inc.,

ADR

(a)

6,189

20,733

JA

Solar

Technology

Co.

Ltd.,

Class

A

676

1,603

Jason

Furniture

Hangzhou

Co.

Ltd.,

Class

A

1,000

4,718

JCET

Co.

Ltd.,

Class

A

2,100

6,575

JD

Health

International,

Inc.

(a)(b)

12,100

39,625

JD

Logistics,

Inc.

(a)(b)

10,200

8,873

JD.com,

Inc.,

Class

A

31,066

344,946

Jiangsu

Eastern

Shenghong

Co.

Ltd.,

Class

A

1,900

2,617

Jiangsu

Expressway

Co.

Ltd.,

Class

H

18,000

17,177

Jiangsu

Hengli

Hydraulic

Co.

Ltd.,

Class

A

944

6,411

Jiangsu

Hengrui

Pharmaceuticals  Co.

Ltd.,

Class

A

5,240

27,333

Jiangsu

King's

Luck

Brewery

JSC

Ltd.,

Class

A

1,000

6,158

33

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Jiangsu

Pacific

Quartz

Co.

Ltd.,

Class

A

400

3,982

Jiangsu

Yanghe

Brewery

Joint-Stock

Co.

Ltd.,

Class

A

1,000

12,718

Jiangsu

Yangnong

Chemical

Co.

Ltd.,

Class

A

700

4,792

Jiangsu

Yoke

Technology

Co.

Ltd.,

Class

A

600

3,247

Jiangsu

Yuyue

Medical

Equipment

&

Supply

Co.

Ltd.,

Class

A

1,000

4,439

Jiangsu

Zhongtian

Technology

Co.

Ltd.,

Class

A

3,700

5,957

Jiangxi

Copper

Co.

Ltd.,

Class

A

3,500

8,775

Jiangxi

Copper

Co.

Ltd.,

Class

H

12,000

16,763

Jinduicheng

Molybdenum

Co.

Ltd.,

Class

A

3,300

4,187

Jinko

Solar

Co.

Ltd.

5,470

6,049

JiuGui

Liquor

Co.

Ltd.,

Class

A

500

4,323

Joincare

Pharmaceutical

Group

Industry

Co.

Ltd.

3,300

4,937

Jonjee

High-Tech

Industrial

&

Commercial

Holding

Co.

Ltd.

(a)

1,100

3,366

Juewei

Food

Co.

Ltd.,

Class

A

900

2,513

Juneyao

Airlines

Co.

Ltd.,

Class

A

(a)

3,000

4,964

Kanzhun

Ltd.,

ADR

3,686

51,272

KE

Holdings,

Inc.,

Class

A

30,700

140,791

Keda

Clean

Energy

Co.

Ltd.

3,000

4,525

Kingdee

International

Software

Group

Co.

Ltd.

(a)

37,000

35,640

Kingfa

Sci

&

Tech

Co.

Ltd.,

Class

A

9,300

7,992

Kingnet

Network

Co.

Ltd.,

Class

A

2,500

3,312

Kingsoft

Corp.

Ltd.

12,200

29,559

Kuaishou

Technology,

Class

B

(a)(b)

26,600

133,047

Kuang-Chi

Technologies

Co.

Ltd.,

Class

A

(a)

3,200

5,313

Kunlun

Tech

Co.

Ltd.,

Class

A

(a)

1,100

4,544

Kweichow

Moutai

Co.

Ltd.,

Class

A

1,000

223,539

Lao

Feng

Xiang

Co.

Ltd.,

Class

B

3,000

10,704

LB

Group

Co.

Ltd.,

Class

A

3,600

8,068

Lenovo

Group

Ltd.

94,000

98,242

Lens

Technology

Co.

Ltd.,

Class

A

4,600

6,695

Lepu

Medical

Technology

Beijing

Co.

Ltd.,

Class

A

2,300

4,197

Levima

Advanced

Materials

Corp.,

Class

A

1,300

2,600

Li

Auto,

Inc.,

Class

A

(a)

13,100

177,633

Li

Ning

Co.

Ltd.

27,000

57,335

Liaoning

Port

Co.

Ltd.

38,600

7,366

Lingyi

iTech

Guangdong

Co.,

Class

A

7,600

5,028

Livzon

Pharmaceutical

Group,

Inc.,

Class

H

3,400

10,351

Longfor

Group

Holdings

Ltd.

(b)

28,500

31,390

LONGi

Green

Energy

Technology

Co.

Ltd.,

Class

A

4,036

10,878

Longshine

Technology

Group

Co.

Ltd.,

Class

A

1,700

2,557

Lufax

Holding

Ltd.,

ADR

2,999

7,108

Luxshare

Precision

Industry

Co.

Ltd.,

Class

A

5,500

19,527

Luzhou

Laojiao

Co.

Ltd.,

Class

A

1,100

22,492

Mango

Excellent

Media

Co.

Ltd.,

Class

A

1,800

5,365

Maxscend

Microelectronics

Co.

Ltd.,

Class

A

400

5,145

Meihua

Holdings

Group

Co.

Ltd.,

Class

A

4,100

5,694

Meituan,

Class

B

(a)(b)

59,370

475,051

Metallurgical

Corp.

of

China

Ltd.,

Class

H

71,000

13,896

Microport

Scientific

Corp.

(a)

11,100

8,193

Ming

Yang

Smart

Energy

Group

Ltd.,

Class

A

300

376

MINISO

Group

Holding

Ltd.

6,400

26,690

Minth

Group

Ltd.

10,000

16,195

Montage

Technology

Co.

Ltd.,

Class

A

1,140

7,177

Muyuan

Foods

Co.

Ltd.,

Class

A

3,620

17,773

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Nanjing

King-Friend

Biochemical

Pharmaceutical

Co.

Ltd.,

Class

A

2,800

5,082

Nanjing

Securities

Co.

Ltd.,

Class

A

5,500

5,707

NARI

Technology

Co.

Ltd.,

Class

A

6,744

19,735

National

Silicon

Industry

Group

Co.

Ltd.,

Class

A

(a)

3,073

6,074

NAURA

Technology

Group

Co.

Ltd.,

Class

A

400

12,689

NavInfo

Co.

Ltd.,

Class

A

(a)

4,100

3,706

NetEase,

Inc.

23,400

453,497

New

China

Life

Insurance

Co.

Ltd.,

Class

A

2,000

8,524

New

China

Life

Insurance

Co.

Ltd.,

Class

H

10,700

19,108

New

Hope

Liuhe

Co.

Ltd.,

Class

A

(a)

600

683

New

Oriental

Education

&

Technology

Group,

Inc.

(a)

19,900

151,339

Ninestar

Corp.,

Class

A

300

811

Ningbo

Deye

Technology

Co.

Ltd.,

Class

A

440

4,141

Ningbo

Shanshan

Co.

Ltd.

4,000

5,560

Ningbo

Tuopu

Group

Co.

Ltd.,

Class

A

1,200

8,146

Ningbo

Zhoushan

Port

Co.

Ltd.,

Class

A

3,200

1,596

Ningxia

Baofeng

Energy

Group

Co.

Ltd.,

Class

A

7,200

13,378

NIO,

Inc.,

Class

A

(a)

16,490

93,026

Nongfu

Spring

Co.

Ltd.,

Class

H

(b)

23,600

127,853

Offcn

Education

Technology

Co.

Ltd.,

Class

A

(a)

8,700

4,278

Onewo,

Inc.,

Class

H

2,600

5,860

Oppein

Home

Group,

Inc.,

Class

A

600

5,119

Orient

Securities

Co.

Ltd.,

Class

A

3,192

3,677

Orient

Securities

Co.

Ltd.,

Class

H

(b)

14,800

5,755

Pangang

Group

Vanadium

Titanium

&

Resources

Co.

Ltd.,

Class

A

(a)

9,200

3,614

People.cn

Co.

Ltd.,

Class

A

900

2,708

People's

Insurance

Co.

Group

of

China

Ltd.

(The),

Class

A

8,800

6,251

People's

Insurance

Co.

Group

of

China

Ltd.

(The),

Class

H

122,000

37,924

Perfect

World

Co.

Ltd.,

Class

A

2,500

3,329

PetroChina

Co.

Ltd.,

Class

A

15,500

18,048

PetroChina

Co.

Ltd.,

Class

H

288,000

208,155

Pharmaron

Beijing

Co.

Ltd.,

Class

A

1,300

3,821

Pharmaron

Beijing

Co.

Ltd.,

Class

H

(b)

4,300

5,567

PICC

Property

&

Casualty

Co.

Ltd.,

Class

H

90,000

111,906

Ping

An

Bank

Co.

Ltd.,

Class

A

11,400

15,021

Ping

An

Insurance

Group

Co.

of

China

Ltd.,

Class

A

10,700

60,374

Ping

An

Insurance

Group

Co.

of

China

Ltd.,

Class

H

76,500

320,004

Poly

Developments

and

Holdings

Group

Co.

Ltd.,

Class

A

7,100

9,434

Poly

Property

Services

Co.

Ltd.,

Class

H

2,800

9,922

Pop

Mart

International

Group

Ltd.

(b)

8,800

19,723

Postal

Savings

Bank

of

China

Co.

Ltd.,

Class

A

15,200

10,014

Postal

Savings

Bank

of

China

Co.

Ltd.,

Class

H

(b)

165,000

79,152

Power

Construction

Corp.

of

China

Ltd.,

Class

A

7,800

5,465

Qi

An

Xin

Technology

Group,

Inc.,

Class

A

(a)

909

3,765

Quinghai

Salt

Lake

Industry

Co.

Ltd.,

Class

A

(a)

600

1,198

Remegen

Co.

Ltd.,

Class

H

(a)(b)

2,000

3,894

Rongsheng

Petrochemical

Co.

Ltd.,

Class

A

6,500

8,574

SAIC

Motor

Corp.

Ltd.,

Class

A

6,400

12,186

Sailun

Group

Co.

Ltd.,

Class

A

3,400

5,721

Sanan

Optoelectronics

Co.

Ltd.,

Class

A

3,800

5,827

Sangfor

Technologies,

Inc.,

Class

A

(a)

500

3,803

34

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Sany

Heavy

Equipment

International

Holdings

Co.

Ltd.

15,000

9,729

Sany

Heavy

Industry

Co.

Ltd.,

Class

A

5,500

10,012

Satellite

Chemical

Co.

Ltd.,

Class

A

(a)

1,942

3,692

SDIC

Capital

Co.

Ltd.,

Class

A

7,100

6,606

SDIC

Power

Holdings

Co.

Ltd.,

Class

A

5,900

11,513

Seazen

Holdings

Co.

Ltd.,

Class

A

(a)

5,300

7,264

Sensetime

Group,

Inc.,

Class

B

(a)(b)

230,000

23,243

Seres

Group

Co.

Ltd.,

Class

A

(a)

1,300

10,287

SF

Holding

Co.

Ltd.,

Class

A

2,000

9,811

SG

Micro

Corp.,

Class

A

500

4,328

Shaanxi

Beiyuan

Chemical

Industry

Group

Co.

Ltd.,

Class

A

11,400

7,050

Shaanxi

Coal

Industry

Co.

Ltd.,

Class

A

6,300

21,218

Shaanxi

Energy

Investment

Co.

Ltd.

4,300

4,905

Shandong

Gold

Mining

Co.

Ltd.,

Class

A

3,400

9,741

Shandong

Gold

Mining

Co.

Ltd.,

Class

H

(b)

12,400

17,861

Shandong

Hualu

Hengsheng

Chemical

Co.

Ltd.,

Class

A

1,300

4,414

Shandong

Linglong

Tyre

Co.

Ltd.,

Class

A

2,100

5,739

Shandong

Nanshan

Aluminum

Co.

Ltd.,

Class

A

19,400

7,755

Shandong

Sinocera

Functional

Material

Co.

Ltd.,

Class

A

1,500

3,702

Shandong

Sun

Paper

Industry

JSC

Ltd.,

Class

A

2,800

4,738

Shandong

Weigao

Group

Medical

Polymer

Co.

Ltd.,

Class

H

30,400

19,483

Shanghai

Aiko

Solar

Energy

Co.

Ltd.,

Class

A

1,700

3,268

Shanghai

Bairun

Investment

Holding

Group

Co.

Ltd.,

Class

A

1,200

3,304

Shanghai

Baosight

Software

Co.

Ltd.,

Class

A

1,528

8,726

Shanghai

Baosight

Software

Co.

Ltd.,

Class

B

6,720

13,218

Shanghai

Electric

Group

Co.

Ltd.,

Class

A

(a)

13,500

7,484

Shanghai

Electric

Group

Co.

Ltd.,

Class

H

(a)

38,000

7,097

Shanghai

Fosun

Pharmaceutical

Group

Co.

Ltd.,

Class

A

500

1,520

Shanghai

Fosun

Pharmaceutical

Group

Co.

Ltd.,

Class

H

8,000

13,570

Shanghai

Fudan

Microelectronics

Group

Co.

Ltd.,

Class

H

5,000

5,968

Shanghai

International

Airport

Co.

Ltd.,

Class

A

(a)

900

4,149

Shanghai

International

Port

Group

Co.

Ltd.,

Class

A

7,800

5,997

Shanghai

Jinjiang

International

Hotels

Co.

Ltd.,

Class

A

200

705

Shanghai

Junshi

Biosciences

Co.

Ltd.,

Class

A

(a)

864

3,371

Shanghai

Junshi

Biosciences

Co.

Ltd.,

Class

H

(a)(b)

1,600

2,493

Shanghai

Lingang

Holdings

Corp.,

Ltd.,

Class

A

3,600

4,924

Shanghai

Lujiazui

Finance

&

Trade

Zone

Development

Co.

Ltd.,

Class

B

18,300

6,789

Shanghai

M&G

Stationery,

Inc.,

Class

A

1,100

4,694

Shanghai

Microport

Medbot

Group

Co.

Ltd.

(a)

3,000

4,375

Shanghai

Pharmaceuticals

Holding

Co.

Ltd.,

Class

A

3,400

8,027

Shanghai

Pharmaceuticals

Holding

Co.

Ltd.,

Class

H

4,200

5,932

Shanghai

Pudong

Development

Bank

Co.

Ltd.,

Class

A

21,000

19,978

Shanghai

Putailai

New

Energy

Technology

Co.

Ltd.,

Class

A

730

1,674

Shanghai

RAAS

Blood

Products

Co.

Ltd.,

Class

A

8,500

7,613

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Shanghai

Rural

Commercial

Bank

Co.

Ltd.,

Class

A

12,400

10,915

Shanghai

Yuyuan

Tourist

Mart

Group

Co.

Ltd.,

Class

A

5,800

5,033

Shanghai

Zhangjiang

High-Tech

Park

Development

Co.

Ltd.

1,400

3,116

Shanghai

Zhonggu

Logistics

Co.

Ltd.,

Class

A

3,200

3,209

Shanxi

Coking

Coal

Energy

Group

Co.

Ltd.,

Class

A

6,600

9,643

Shanxi

Lu'an

Environmental

Energy

Development

Co.

Ltd.,

Class

A

1,900

6,272

Shanxi

Meijin

Energy

Co.

Ltd.,

Class

A

(a)

6,100

4,554

Shanxi

Taigang

Stainless

Steel

Co.

Ltd.,

Class

A

12,800

6,365

Shanxi

Xinghuacun

Fen

Wine

Factory

Co.

Ltd.,

Class

A

860

23,970

Shede

Spirits

Co.

Ltd.,

Class

A

400

4,608

Shenergy

Co.

Ltd.,

Class

A

5,700

5,756

Shengyi

Technology

Co.

Ltd.,

Class

A

3,100

6,196

Shennan

Circuits

Co.

Ltd.,

Class

A

600

4,417

Shenwan

Hongyuan

Group

Co.

Ltd.,

Class

A

18,000

10,956

Shenzhen

Capchem

Technology

Co.

Ltd.,

Class

A

900

4,662

Shenzhen

Energy

Group

Co.

Ltd.,

Class

A

7,800

6,736

Shenzhen

Goodix

Technology

Co.

Ltd.,

Class

A

(a)

400

2,931

Shenzhen

Inovance

Technology

Co.

Ltd.,

Class

A

2,400

18,706

Shenzhen

Kangtai

Biological

Products

Co.

Ltd.,

Class

A

1,500

4,367

Shenzhen

Mindray

Bio-Medical

Electronics

Co.

Ltd.,

Class

A

1,000

37,374

Shenzhen

New

Industries

Biomedical

Engineering

Co.

Ltd.,

Class

A

600

5,774

Shenzhen

Overseas

Chinese

Town

Co.

Ltd.,

Class

A

(a)

10,900

4,479

Shenzhen

Salubris

Pharmaceuticals

Co.

Ltd.,

Class

A

1,200

4,334

Shenzhen

Transsion

Holdings

Co.

Ltd.,

Class

A

581

11,058

Shenzhou

International

Group

Holdings

Ltd.

10,200

91,010

Shijiazhuang

Yiling

Pharmaceutical

Co.

Ltd.,

Class

A

2,100

5,759

Sichuan

Chuantou

Energy

Co.

Ltd.,

Class

A

6,300

13,627

Sichuan

Hebang

Corp.

Ltd.

18,200

5,805

Sichuan

Kelun

Pharmaceutical

Co.

Ltd.,

Class

A

1,800

5,796

Sichuan

Road

and

Bridge

Group

Co.

Ltd.,

Class

A

4,560

5,094

Sichuan

Yahua

Industrial

Group

Co.

Ltd.,

Class

A

3,700

4,999

Sieyuan

Electric

Co.

Ltd.,

Class

A

800

5,635

Sinolink

Securities

Co.

Ltd.,

Class

A

5,100

5,946

Sinoma

International

Engineering

Co.

3,300

5,102

Sinoma

Science

&

Technology

Co.

Ltd.,

Class

A

2,500

4,948

Sinomach

Heavy

Equipment

Group

Co.

Ltd.,

Class

A

(a)

17,300

6,313

Sinopec

Shanghai

Petrochemical

Co.

Ltd.,

Class

H

(a)

76,000

10,305

Sinopharm

Group

Co.

Ltd.,

Class

H

18,000

47,318

Sinotrans

Ltd.,

Class

H

27,000

11,260

Sinotruk

Hong

Kong

Ltd.

9,000

20,447

Skshu

Paint

Co.

Ltd.,

Class

A

(a)

600

3,008

Smoore

International

Holdings

Ltd.

(b)

18,000

10,891

Songcheng

Performance

Development

Co.

Ltd.,

Class

A

3,600

4,458

35

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

SooChow

Securities

Co.

Ltd.,

Class

A

5,300

4,961

Spring

Airlines

Co.

Ltd.,

Class

A

(a)

1,100

8,021

StarPower

Semiconductor

Ltd.,

Class

A

100

1,774

State

Grid

Yingda

Co.

Ltd.

8,400

5,195

Sungrow

Power

Supply

Co.

Ltd.,

Class

A

1,200

13,102

Sunny

Optical

Technology

Group

Co.

Ltd.

8,300

50,699

Sunresin

New

Materials

Co.

Ltd.,

Class

A

600

3,688

Sunwoda

Electronic

Co.

Ltd.,

Class

A

2,700

4,389

SUPCON

Technology

Co.

Ltd.,

Class

A

674

3,314

Suzhou

Dongshan

Precision

Manufacturing

Co.

Ltd.,

Class

A

400

696

Suzhou

Maxwell

Technologies

Co.

Ltd.,

Class

A

300

4,283

TAL

Education

Group,

ADR

(a)

5,700

60,648

TBEA

Co.

Ltd.,

Class

A

2,320

4,540

TCL

Technology

Group

Corp.,

Class

A

(a)

18,300

10,323

Tencent

Holdings

Ltd.

80,100

2,772,722

Tencent

Music

Entertainment

Group,

Class

A

(a)

16,700

74,450

Thunder

Software

Technology

Co.

Ltd.,

Class

A

500

3,488

Tianjin

Zhonghuan

Semiconductor

Co.

Ltd.,

Class

A

1,650

2,827

Tianqi

Lithium

Corp.,

Class

A

300

1,943

Tianqi

Lithium

Corp.,

Class

H

3,000

13,221

Tianshan

Aluminum

Group

Co.

Ltd.,

Class

A

5,100

3,715

Tianshui

Huatian

Technology

Co.

Ltd.,

Class

A

5,200

4,715

Tingyi

Cayman

Islands

Holding

Corp.

24,000

23,824

Tongcheng

Travel

Holdings

Ltd.

(a)

16,800

34,128

TongKun

Group

Co.

Ltd.

(a)

3,300

5,461

Tongling

Nonferrous

Metals

Group

Co.

Ltd.,

Class

A

16,100

6,772

Tongwei

Co.

Ltd.,

Class

A

2,500

8,113

Topchoice

Medical

Corp.,

Class

A

(a)

400

3,313

Topsports

International

Holdings

Ltd.

(b)

36,000

23,256

Travelsky

Technology

Ltd.,

Class

H

14,000

14,077

Trina

Solar

Co.

Ltd.,

Class

A

1,935

6,226

Trip.com

Group

Ltd.

(a)

7,100

254,673

Tsingtao

Brewery

Co.

Ltd.,

Class

A

900

8,732

Tsingtao

Brewery

Co.

Ltd.,

Class

H

8,000

45,591

Unigroup

Guoxin

Microelectronics

Co.

Ltd.,

Class

A

(a)

979

7,134

Uni-President

China

Holdings

Ltd.

19,000

10,646

Unisplendour

Corp.

Ltd.,

Class

A

(a)

3,500

7,585

Venustech

Group,

Inc.,

Class

A

1,500

3,869

Verisilicon

Microelectronics

Shanghai

Co.

Ltd.,

Class

A

(a)

159

768

Vipshop

Holdings

Ltd.,

ADR

(a)

4,851

77,082

Walvax

Biotechnology

Co.

Ltd.,

Class

A

2,500

5,746

Wanda

Film

Holding

Co.

Ltd.,

Class

A

(a)

2,600

4,009

Wangfujing

Group

Co.

Ltd.

1,800

3,477

Wanhua

Chemical

Group

Co.

Ltd.,

Class

A

2,300

22,326

Weibo

Corp.,

ADR

1,188

9,623

Weichai

Power

Co.

Ltd.,

Class

A

8,800

18,104

Weichai

Power

Co.

Ltd.,

Class

H

23,000

40,603

Weihai

Guangwei

Composites

Co.

Ltd.,

Class

A

1,600

5,235

Wens

Foodstuffs

Group

Co.

Ltd.,

Class

A

5,600

14,656

Western

Mining

Co.

Ltd.,

Class

A

3,100

6,140

Western

Securities

Co.

Ltd.,

Class

A

6,400

5,313

Will

Semiconductor

Ltd.,

Class

A

1,040

12,494

Wingtech

Technology

Co.

Ltd.,

Class

A

(a)

1,000

4,659

Winner

Medical

Co.

Ltd.,

Class

A

1,800

7,745

Wintime

Energy

Group

Co.

Ltd.,

Class

A

(a)

36,200

6,605

Wuhan

Guide

Infrared

Co.

Ltd.,

Class

A

6,200

4,655

Wuliangye

Yibin

Co.

Ltd.,

Class

A

2,800

49,257

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

WUS

Printed

Circuit

Kunshan

Co.

Ltd.,

Class

A

2,300

6,314

Wuxi

AppTec

Co.

Ltd.,

Class

A

2,740

20,685

Wuxi

AppTec

Co.

Ltd.,

Class

H

(b)

4,200

29,013

Wuxi

Biologics

Cayman,

Inc.

(a)(b)

48,000

125,875

Wuxi

Lead

Intelligent

Equipment

Co.

Ltd.,

Class

A

1,700

4,703

XCMG

Construction

Machinery

Co.

Ltd.,

Class

A

8,000

6,273

Xiamen

Faratronic

Co.

Ltd.

300

3,594

Xiamen

Tungsten

Co.

Ltd.,

Class

A

2,300

4,885

Xiaomi

Corp.,

Class

B

(a)(b)

207,200

326,548

Xinhu

Zhongbao

Co.

Ltd.,

Class

A

14,700

4,320

Xinjiang

Daqo

New

Energy

Co.

Ltd.,

Class

A

1,254

4,574

Xinjiang

Tianshan

Cement

Co.

Ltd.,

Class

A

7,700

7,100

Xinyi

Solar

Holdings

Ltd.

46,266

21,188

XPeng,

Inc.,

Class

A

(a)

14,700

60,833

Yadea

Group

Holdings

Ltd.

(b)

16,000

21,859

Yankuang

Energy

Group

Co.

Ltd.,

Class

A

1,500

4,774

Yankuang

Energy

Group

Co.

Ltd.,

Class

H

30,000

61,556

Yantai

Jereh

Oilfield

Services

Group

Co.

Ltd.,

Class

A

1,200

4,406

Yealink

Network

Technology

Corp.,

Ltd.,

Class

A

1,300

4,413

Yifeng

Pharmacy

Chain

Co.

Ltd.,

Class

A

1,100

5,813

Yihai

Kerry

Arawana

Holdings

Co.

Ltd.,

Class

A

2,300

9,473

Yintai

Gold

Co.

Ltd.,

Class

A

2,800

5,491

Yonghui

Superstores

Co.

Ltd.,

Class

A

(a)

10,600

3,617

YongXing

Special

Materials

Technology

Co.

Ltd.,

Class

A

630

3,917

Yonyou

Network

Technology

Co.

Ltd.,

Class

A

1,000

1,559

Youngor

Fashion

Co.

Ltd.

5,800

5,445

YSB,

Inc.

(a)

3,400

2,971

YTO

Express

Group

Co.

Ltd.,

Class

A

300

466

Yunda

Holding

Co.

Ltd.,

Class

A

4,500

3,911

Yunnan

Aluminium

Co.

Ltd.,

Class

A

4,500

6,719

Yunnan

Baiyao

Group

Co.

Ltd.,

Class

A

1,180

7,644

Yunnan

Botanee

Bio-Technology

Group

Co.

Ltd.,

Class

A

600

4,705

Yunnan

Chihong

Z,

Inc.&Germanium

Co.

Ltd.,

Class

A

7,600

4,933

Yunnan

Energy

New

Material

Co.

Ltd.,

Class

A

300

1,775

Yunnan

Tin

Co.

Ltd.,

Class

A

2,700

4,731

Yunnan

Yuntianhua

Co.

Ltd.,

Class

A

2,300

5,049

Zai

Lab

Ltd.,

ADR

(a)(c)

1,209

26,078

Zangge

Mining

Co.

Ltd.,

Class

A

1,900

6,555

Zhangzhou

Pientzehuang

Pharmaceutical

Co.

Ltd.,

Class

A

400

11,109

Zhaojin

Mining

Industry

Co.

Ltd.,

Class

H

19,000

17,743

Zhefu

Holding

Group

Co.

Ltd.,

Class

A

14,900

6,413

Zhejiang

Century

Huatong

Group

Co.

Ltd.,

Class

A

(a)

9,000

5,265

Zhejiang

China

Commodities

City

Group

Co.

Ltd.,

Class

A

6,500

6,736

Zhejiang

Chint

Electrics

Co.

Ltd.,

Class

A

300

779

Zhejiang

Dahua

Technology

Co.

Ltd.,

Class

A

2,500

5,411

Zhejiang

Expressway

Co.

Ltd.,

Class

H

22,000

16,323

Zhejiang

Huahai

Pharmaceutical

Co.

Ltd.

2,600

4,190

Zhejiang

Huayou

Cobalt

Co.

Ltd.,

Class

A

350

1,215

Zhejiang

Jingsheng

Mechanical

&

Electrical

Co.

Ltd.,

Class

A

1,400

6,384

Zhejiang

Jiuzhou

Pharmaceutical

Co.

Ltd.,

Class

A

1,200

2,997

36

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

China

–

21.0%

(continued)

Zhejiang

Juhua

Co.

Ltd.,

Class

A

3,200

7,109

Zhejiang

Leapmotor

Technology

Co.

Ltd.

(a)(b)

8,200

22,186

Zhejiang

Longsheng

Group

Co.

Ltd.,

Class

A

7,300

7,829

Zhejiang

NHU

Co.

Ltd.,

Class

A

2,780

6,211

Zhejiang

Sanhua

Intelligent

Controls

Co.

Ltd.,

Class

A

2,900

8,482

Zhejiang

Supor

Co.

Ltd.,

Class

A

700

4,938

Zhejiang

Weiming

Environment

Protection

Co.

Ltd.,

Class

A

1,900

4,107

Zhejiang

Weixing

New

Building

Materials

Co.

Ltd.,

Class

A

2,300

4,350

Zhejiang

Zheneng

Electric

Power

Co.

Ltd.,

Class

A

(a)

7,100

5,320

Zhengzhou

Coal

Mining

Machinery

Group

Co.

Ltd.,

Class

H

5,800

6,700

Zheshang

Securities

Co.

Ltd.,

Class

A

5,600

7,527

Zhongan

Online

P&c

Insurance

Co.

Ltd.,

Class

H

(a)(b)

10,100

15,711

Zhongji

Innolight

Co.

Ltd.,

Class

A

600

8,591

Zhongjin

Gold

Corp.

Ltd.,

Class

A

5,000

6,560

Zhongsheng

Group

Holdings

Ltd.

9,500

15,969

Zhongtai

Securities

Co.

Ltd.,

Class

A

9,900

9,004

Zhuzhou

CRRC

Times

Electric

Co.

Ltd.,

Class

A

5,271

24,448

Zhuzhou

CRRC

Times

Electric

Co.

Ltd.,

Class

H

800

1,963

Zijin

Mining

Group

Co.

Ltd.,

Class

A

17,600

29,515

Zijin

Mining

Group

Co.

Ltd.,

Class

H

74,000

109,619

Zjld

Group,

Inc.

(a)(b)

5,400

5,443

Zoomlion

Heavy

Industry

Science

and

Technology

Co.

Ltd.,

Class

A

7,200

7,221

Zoomlion

Heavy

Industry

Science

and

Technology

Co.

Ltd.,

Class

H

27,000

14,368

ZTE

Corp.,

Class

A

2,700

8,258

ZTE

Corp.,

Class

H

10,800

18,762

ZTO

Express

Cayman,

Inc.

5,800

94,079

19,235,267

Colombia

–

0.1%

Bancolombia

SA

2,956

24,760

Ecopetrol

SA

73,214

43,710

Interconexion

Electrica

SA

ESP

4,817

20,765

89,235

Czech

Republic

–

0.1%

CEZ

AS

2,084

79,153

Komercni

Banka

AS

947

31,196

110,349

Egypt

–

0.1%

Commercial

International

Bank

Egypt

SAE

37,145

105,905

Greece

–

0.5%

Alpha

Services

And

Holdings

SA

(a)

24,970

44,754

Eurobank

Ergasias

Services

&

Holdings

SA

(a)

32,941

63,943

Hellenic

Telecommunications

Organization

SA

2,335

32,593

Jumbo

SA

1,347

38,042

Motor

Oil

Hellas

Corinth

Refineries

SA

742

20,375

Mytilineos

SA

1,396

57,623

National

Bank

of

Greece

SA

(a)

6,831

52,164

OPAP

SA

2,641

45,958

Piraeus

Financial

Holdings

SA

(a)

8,225

33,504

Public

Power

Corp.

SA

(a)

2,628

34,941

Star

Bulk

Carriers

Corp.

893

19,414

Terna

Energy

SA

787

12,857

456,168

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Hong

Kong

–

0.9%

Beijing

Enterprises

Holdings

Ltd.

6,500

23,531

Beijing

Enterprises

Water

Group

Ltd.

64,000

15,555

BOC

Hong

Kong

Holdings

Ltd.

39,500

94,591

C&D

International

Investment

Group

Ltd.

6,000

9,932

China

Everbright

Environment

Group

Ltd.

55,000

19,137

China

Jinmao

Holdings

Group

Ltd.

140,000

11,104

China

Medical

System

Holdings

Ltd.

17,000

24,356

China

Merchants

Port

Holdings

Co.

Ltd.

16,000

19,813

China

Overseas

Land

&

Investment

Ltd.

47,000

70,705

China

Overseas

Property

Holdings

Ltd.

20,000

13,227

China

Power

International

Development

Ltd.

63,000

23,533

China

Resources

Beer

Holdings

Co.

Ltd.

20,000

72,020

China

Resources

Building

Materials

Technology

Holdings

Ltd.

50,000

7,995

China

Resources

Gas

Group

Ltd.

11,500

32,511

China

Resources

Land

Ltd.

38,000

114,721

China

Resources

Power

Holdings

Co.

Ltd.

20,000

40,423

China

Ruyi

Holdings

Ltd.

(a)

88,000

14,747

China

State

Construction

International

Holdings

Ltd.

24,000

25,329

China

Taiping

Insurance

Holdings

Co.

Ltd.

21,200

17,573

Far

East

Horizon

Ltd.

(c)

19,000

13,903

Guangdong

Investment

Ltd.

34,000

19,746

Kunlun

Energy

Co.

Ltd.

50,000

44,709

Orient

Overseas

International

Ltd.

1,500

22,335

Shandong

Hi-Speed

Holdings

Group

Ltd.

(a)

41,000

29,109

Want

Want

China

Holdings

Ltd.

58,000

31,978

Yuexiu

Property

Co.

Ltd.

22,000

13,706

826,289

Hungary

–

0.2%

MOL

Hungarian

Oil

&

Gas

PLC

4,173

34,374

OTP

Bank

NYRT

3,046

141,837

Richter

Gedeon

NYRT

1,740

47,210

223,421

India

–

19.6%

ABB

India

Ltd.

612

34,428

ACC

Ltd.

904

27,697

Adani

Energy

Solutions

Ltd.

(a)

3,525

45,328

Adani

Enterprises

Ltd.

4,058

153,536

Adani

Green

Energy

Ltd.

(a)

3,998

80,373

Adani

Ports

&

Special

Economic

Zone

Ltd.

9,799

142,500

Adani

Power

Ltd.

(a)

10,379

70,328

Adani

Total

Gas

Ltd.

2,925

35,657

Adani

Wilmar

Ltd.

(a)

2,203

9,429

Aditya

Birla

Capital

Ltd.

(a)

6,485

13,361

Alkem

Laboratories

Ltd.

383

23,042

Ambuja

Cements

Ltd.

8,259

55,724

APL

Apollo

Tubes

Ltd.

2,145

38,831

Apollo

Hospitals

Enterprise

Ltd.

1,271

97,233

Ashok

Leyland

Ltd.

18,220

38,593

Asian

Paints

Ltd.

5,354

190,699

Astral

Ltd.

1,528

33,679

AU

Small

Finance

Bank

Ltd.

(b)

5,929

45,451

Aurobindo

Pharma

Ltd.

3,607

49,968

Avenue

Supermarts

Ltd.

(a)(b)

1,901

86,821

Axis

Bank

Ltd.

30,083

386,798

Bajaj

Auto

Ltd.

926

85,499

Bajaj

Finance

Ltd.

3,497

288,999

Bajaj

Finserv

Ltd.

5,139

100,702

Bajaj

Holdings

&

Investment

Ltd.

353

35,563

Balkrishna

Industries

Ltd.

976

28,844

37

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

India

–

19.6%

(continued)

Bandhan

Bank

Ltd.

(b)

10,217

28,174

Bank

of

Baroda

12,325

36,748

Bank

of

India

9,310

15,578

Berger

Paints

India

Ltd.

3,094

21,056

Bharat

Electronics

Ltd.

49,450

110,698

Bharat

Forge

Ltd.

3,241

48,209

Bharat

Heavy

Electricals

Ltd.

16,355

44,953

Bharat

Petroleum

Corp.

Ltd.

11,458

69,312

Bharti

Airtel

Ltd.

31,732

447,338

Biocon

Ltd.

6,415

20,733

Bosch

Ltd.

104

29,516

Britannia

Industries

Ltd.

1,539

96,339

Canara

Bank

4,472

25,956

CG

Power

&

Industrial

Solutions

Ltd.

8,034

45,330

Cholamandalam

Investment

&

Finance

Co.

Ltd.

5,384

76,772

Cipla

Ltd.

7,146

116,255

Coal

India

Ltd.

27,946

136,678

Colgate-Palmolive

India

Ltd.

1,733

53,613

Container

Corp.

of

India

Ltd.

3,458

36,956

Cummins

India

Ltd.

1,718

47,455

Dabur

India

Ltd.

6,210

40,351

Dalmia

Bharat

Ltd.

1,020

28,002

Deepak

Nitrite

Ltd.

987

27,406

Delhivery

Ltd.

(a)

3,603

19,500

Divi's

Laboratories

Ltd.

1,563

69,086

DLF

Ltd.

9,110

88,046

Dr.

Reddy's

Laboratories

Ltd.

1,542

113,661

Eicher

Motors

Ltd.

1,818

84,057

Embassy

Office

Parks

REIT

(d)

7,540

32,609

FSN

E-Commerce

Ventures

Ltd.

(a)

13,834

27,195

Gail

India

Ltd.

34,445

71,591

General

Insurance

Corp.

of

India

(b)

2,777

12,599

Gland

Pharma

Ltd.

(a)(b)

805

18,966

Godrej

Consumer

Products

Ltd.

5,240

73,460

Godrej

Properties

Ltd.

(a)

1,401

40,104

Grasim

Industries

Ltd.

4,347

113,852

Gujarat

Fluorochemicals

Ltd.

457

20,274

Gujarat

Gas

Ltd.

2,329

16,303

Havells

India

Ltd.

2,996

46,699

HCL

Technologies

Ltd.

13,955

264,837

HDFC

Asset

Management

Co.

Ltd.

(b)

988

42,610

HDFC

Bank

Ltd.

36,232

638,111

HDFC

Life

Insurance

Co.

Ltd.

(b)

12,240

84,986

Hero

Motocorp

Ltd.

1,648

91,714

Hindalco

Industries

Ltd.

18,687

130,369

Hindustan

Aeronautics

Ltd.

2,221

80,219

Hindustan

Petroleum

Corp.

Ltd.

(a)

8,288

46,234

Hindustan

Unilever

Ltd.

11,695

349,475

Honeywell

Automation

India

Ltd.

28

13,044

ICICI

Bank

Ltd.

67,011

829,651

ICICI

Lombard

General

Insurance

Co.

Ltd.

(b)

3,127

56,373

ICICI

Prudential

Life

Insurance

Co.

Ltd.

(b)

4,024

24,386

IDFC

First

Bank

Ltd.

(a)

36,821

37,400

Indian

Bank

2,806

16,856

Indian

Hotels

Co.

Ltd.,

Class

A

10,741

63,720

Indian

Oil

Corp.

Ltd.

51,661

91,417

Indian

Railway

Catering

&

Tourism

Corp.

Ltd.

3,849

45,292

Indian

Railway

Finance

Corp.

Ltd.

(b)

22,730

47,941

Indraprastha

Gas

Ltd.

4,601

23,846

Indus

Towers

Ltd.

(a)

10,959

29,290

Indusind

Bank

Ltd.

7,796

144,014

Info

Edge

India

Ltd.

962

58,288

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

India

–

19.6%

(continued)

Infosys

Ltd.

46,663

933,274

InterGlobe

Aviation

Ltd.

(a)(b)

1,396

49,782

ITC

Ltd.

39,906

212,183

Jindal

Stainless

Ltd.

3,763

26,137

Jindal

Steel

&

Power

Ltd.

5,146

46,919

Jio

Financial

Services

Ltd.

(a)

43,267

129,342

JSW

Energy

Ltd.

4,762

28,944

JSW

Steel

Ltd.

12,473

122,960

Jubilant

Foodworks

Ltd.

5,211

32,602

Kotak

Mahindra

Bank

Ltd.

13,808

303,491

L&T

Technology

Services

Ltd.

(b)

346

23,265

Larsen

&

Toubro

Ltd.

9,187

384,959

Life

Insurance

Corp.

of

India

3,018

34,516

Linde

India

Ltd.

243

16,364

LTImindtree

Ltd.

(b)

1,218

79,914

Lupin

Ltd.

2,989

54,182

Macrotech

Developers

Ltd.

(b)

2,967

38,233

Mahindra

&

Mahindra

Financial

Services

Ltd.

7,487

26,074

Mahindra

&

Mahindra

Ltd.

11,615

230,996

Mankind

Pharma

Ltd.

(a)

430

10,356

Marico

Ltd.

6,017

38,246

Maruti

Suzuki

India

Ltd.

1,754

215,162

Max

Financial

Services

Ltd.

(a)

2,839

30,437

Max

Healthcare

Institute

Ltd.

9,357

87,977

Mazagon

Dock

Shipbuilders

Ltd.

369

10,180

Mphasis

Ltd.

1,107

34,639

Mrf

Ltd.

26

44,639

Muthoot

Finance

Ltd.

1,206

20,258

Nestle

India

Ltd.

4,780

144,245

NHPC

Ltd.

32,095

35,151

NMDC

Ltd.

14,491

38,363

NTPC

Ltd.

63,569

243,042

Oberoi

Realty

Ltd.

1,243

19,813

Oil

&

Natural

Gas

Corp.

Ltd.

51,129

155,307

One

97

Communications

Ltd.

(a)

2,637

24,171

Oracle

Financial

Services

Software

Ltd.

242

19,003

Page

Industries

Ltd.

66

29,656

Patanjali

Foods

Ltd.

875

16,670

PB

Fintech

Ltd.

(a)

3,112

37,564

Persistent

Systems

Ltd.

640

64,376

Petronet

LNG

Ltd.

9,370

30,363

Pi

Industries

Ltd.

1,057

42,928

Pidilite

Industries

Ltd.

2,030

61,920

Polycab

India

Ltd.

551

28,817

Power

Finance

Corp.

Ltd.

18,276

97,549

Power

Grid

Corp.

of

India

Ltd.

60,589

189,186

Procter

&

Gamble

Hygiene

&

Health

Care

Ltd.

121

25,127

Punjab

National

Bank

27,009

37,207

Rail

Vikas

Nigam

Ltd.

7,232

26,844

Rec

Ltd.

15,801

94,956

Reliance

Industries

Ltd.

44,682

1,535,202

Samvardhana

Motherson

International

Ltd.

26,473

36,102

SBI

Cards

&

Payment

Services

Ltd.

3,105

26,747

SBI

Life

Insurance

Co.

Ltd.

(b)

6,156

103,867

Schaeffler

India

Ltd.

494

18,626

Shree

Cement

Ltd.

111

38,170

Shriram

Finance

Ltd.

3,062

90,956

Siemens

Ltd.

1,211

60,378

Solar

Industries

India

Ltd.

295

22,939

Sona

BLW

Precision

Forgings

Ltd.

(b)

3,539

26,345

SRF

Ltd.

1,849

51,769

State

Bank

of

India

23,812

183,657

38

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

India

–

19.6%

(continued)

Steel

Authority

of

India

Ltd.

19,131

28,221

Sun

Pharmaceutical

Industries

Ltd.

14,199

242,530

Supreme

Industries

Ltd.

745

37,051

Suzlon

Energy

Ltd.

(a)

127,471

70,533

Tata

Communications

Ltd.

1,451

30,351

Tata

Consultancy

Services

Ltd.

12,993

597,042

Tata

Consumer

Products

Ltd.

7,995

107,635

Tata

Elxsi

Ltd.

444

40,662

Tata

Motors

Ltd.

24,044

256,006

Tata

Motors

Ltd.,

Class

A

5,911

41,569

Tata

Power

Co.

Ltd.

(The)

22,002

103,262

Tata

Steel

Ltd.

104,019

170,288

Tech

Mahindra

Ltd.

8,159

131,030

Thermax

Ltd.

439

16,817

Titan

Co.

Ltd.

5,024

223,695

Torrent

Pharmaceuticals

Ltd.

1,112

33,893

Trent

Ltd.

2,298

85,423

Tube

Investments

of

India

Ltd.

1,282

60,177

TVS

Motor

Co.

Ltd.

2,788

67,191

UltraTech

Cement

Ltd.

1,539

188,425

Union

Bank

of

India

Ltd.

18,535

31,214

United

Breweries

Ltd.

691

15,045

United

Spirits

Ltd.

3,916

51,388

UPL

Ltd.

7,079

45,836

Varun

Beverages

Ltd.

6,200

95,594

Vedant

Fashions

Ltd.

390

4,713

Vedanta

Ltd.

12,693

41,857

Vodafone

Idea

Ltd.

(a)

104,194

18,005

Voltas

Ltd.

2,956

38,897

Wipro

Ltd.

18,160

104,562

Wns

Holdings

Ltd.,

ADR

(a)

580

40,223

Yes

Bank

Ltd.

(a)

162,543

47,171

Zomato

Ltd.

(a)

50,163

84,296

Zydus

Lifesciences

Ltd.

3,135

28,721

17,962,956

Indonesia

–

2.0%

Adaro

Energy

Indonesia

Tbk

PT

134,700

20,487

Adaro

Minerals

Indonesia

Tbk

PT

(a)

89,900

8,403

Amman

Mineral

Internasional

PT

(a)

176,100

83,977

Aneka

Tambang

Tbk

118,400

11,630

Astra

International

Tbk

PT

262,900

85,384

Bank

Central

Asia

Tbk

PT

670,000

405,482

Bank

Mandiri

(Persero)

Tbk

PT

492,200

207,423

Bank

Negara

Indonesia

(Persero)

Tbk

PT

197,300

71,893

Bank

Rakyat

Indonesia

(Persero)

Tbk

PT

925,900

334,451

Barito

Pacific

Tbk

PT

365,348

24,542

Chandra

Asri

Petrochemical

Tbk

PT

96,000

32,852

Charoen

Pokphand

Indonesia

Tbk

PT

104,200

29,583

Dayamitra

Telekomunikasi

PT

300,200

12,936

Elang

Mahkota

Teknologi

Tbk

PT

228,900

6,731

Goto

Gojek

Tokopedia

Tbk

PT,

Class

A

(a)

9,627,600

53,690

Gudang

Garam

Tbk

PT

6,900

8,614

Indah

Kiat

Pulp

&

Paper

Tbk

PT

34,600

17,157

Indocement

Tunggal

Prakarsa

Tbk

PT

22,700

12,983

Indofood

CBP

Sukses

Makmur

Tbk

PT

22,500

16,789

Indofood

Sukses

Makmur

Tbk

PT

30,900

12,483

Indosat

Tbk

PT

16,600

10,073

Kalbe

Farma

Tbk

PT

189,000

18,085

Mayora

Indah

Tbk

PT

42,700

6,359

Merdeka

Battery

Materials

Tbk

PT

(a)

152,600

6,382

Merdeka

Copper

Gold

Tbk

PT

(a)

168,800

28,882

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Indonesia

–

2.0%

(continued)

Pantai

Indah

Kapuk

Dua

Tbk

PT

(a)

20,100

6,165

PT

Tower

Bersama

Infrastructure

Tbk

23,900

2,953

Sarana

Menara

Nusantara

Tbk

PT

261,400

14,743

Semen

Indonesia

Persero

Tbk

PT

46,500

18,270

Sumber

Alfaria

Trijaya

Tbk

PT

238,600

40,069

Telekomunikasi

Indonesia

(Persero)

Tbk

PT

604,800

151,775

Trimegah

Bangun

Persada

Tbk

PT

136,200

7,811

Unilever

Indonesia

Tbk

PT

83,300

16,364

United

Tractors

Tbk

PT

17,800

25,888

Vale

Indonesia

Tbk

PT

12,500

3,066

1,814,375

Ireland

–

1.2%

PDD

Holdings,

Inc.,

ADR

(a)

8,425

1,068,880

Kuwait

–

0.9%

Agility

Public

Warehousing

Co.

KSCP

(a)

18,003

33,946

Boubyan

Bank

KSCP

18,105

36,139

Gulf

Bank

KSCP

32,766

30,891

Kuwait

Finance

House

KSCP

133,684

335,514

Mabanee

Co.

KPSC

9,821

24,585

Mobile

Telecommunications

Co.

KSCP

25,761

44,052

National

Bank

of

Kuwait

SAKP

93,793

298,820

803,947

Luxembourg

–

0.0%

Reinet

Investments

SCA

1,827

46,095

Malaysia

–

1.3%

Ammb

Holdings

BHD

27,200

24,382

Axiata

Group

BHD

44,000

25,395

Celcomdigi

BHD

37,000

33,245

CIMB

Group

Holdings

BHD

85,629

112,784

Dialog

Group

BHD

52,000

20,118

Gamuda

BHD

25,200

26,905

Genting

BHD

30,300

30,236

Genting

Malaysia

BHD

26,900

15,355

Hong

Leong

Bank

BHD

5,000

20,296

IHH

Healthcare

BHD

28,100

36,239

Inari

Amertron

BHD

39,400

26,489

IOI

Corp.

BHD

33,900

28,596

Kuala

Lumpur

Kepong

BHD

6,000

28,186

Malayan

Banking

BHD

62,199

121,768

Malaysia

Airports

Holdings

BHD

12,400

20,160

Maxis

BHD

27,100

21,772

MISC

BHD

16,300

25,329

Mr

DIY

Group

M

BHD

(b)

25,450

7,425

Nestle

Malaysia

BHD

700

17,685

Petronas

Chemicals

Group

BHD

25,000

35,782

Petronas

Dagangan

BHD

3,600

16,242

Petronas

Gas

BHD

9,000

33,755

PPB

Group

BHD

4,500

13,757

Press

Metal

Aluminium

Holdings

BHD

44,000

44,093

Public

Bank

BHD

156,800

145,529

Ql

Resources

BHD

16,300

20,091

RHB

Bank

BHD

32,417

38,379

Sime

Darby

BHD

40,300

20,704

Sime

Darby

Plantation

BHD

27,100

25,324

Telekom

Malaysia

BHD

34,200

42,804

Tenaga

Nasional

BHD

44,900

101,761

Time

Dotcom

BHD

11,700

13,605

YTL

Corp.

BHD

38,300

18,948

39

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Malaysia

–

1.3%

(continued)

YTL

Power

International

BHD

24,900

21,636

1,234,775

Mexico

–

2.9%

ALFA

SAB

de

CV,

Class

A

64,331

50,415

America

Movil

SAB

de

CV,

Series

B

423,485

382,913

Arca

Continental

SAB

de

CV

6,207

70,716

Becle

SAB

de

CV

23,291

43,475

Cemex

SAB

de

CV

(a)

196,262

163,061

Coca-Cola

Femsa

SAB

de

CV

6,733

64,125

El

Puerto

de

Liverpool

SAB

de

CV,

Series

C

2,086

14,663

Fibra

Uno

Administracion

SA

de

CV

(d)

38,587

65,669

Fomento

Economico

Mexicano

SAB

de

CV

28,170

382,264

Gruma

SAB

de

CV,

Class

B

2,306

43,232

Grupo

Aeroportuario

del

Pacifico

SAB

de

CV,

Class

B

4,603

71,824

Grupo

Aeroportuario

del

Sureste

SAB

de

CV,

Class

B

2,147

62,626

Grupo

Bimbo

SAB

de

CV,

Series

A

17,625

80,308

Grupo

Carso

SAB

de

CV,

Series

A

6,511

61,101

Grupo

Comercial

Chedraui

SA

de

CV

5,705

38,673

Grupo

Elektra

SAB

de

CV

696

46,759

Grupo

Financiero

Banorte

SAB

de

CV,

Class

O

37,689

384,033

Grupo

Financiero

Inbursa

SAB

de

CV,

Class

O

(a)

24,837

73,576

Grupo

Mexico

SAB

de

CV,

Series

B

41,661

215,200

Industrias

Penoles

SAB

de

CV

(a)

2,488

32,745

Kimberly-Clark

de

Mexico

SAB

de

CV,

Class

A

22,807

51,894

Orbia

Advance

Corp.

SAB

de

CV

13,416

26,761

Wal-Mart

de

Mexico

SAB

de

CV

64,964

268,888

2,694,921

Philippines

–

0.7%

ACEN

Corp.

128,900

9,731

Ayala

Corp.

2,960

35,702

Ayala

Land,

Inc.

76,800

46,521

Bank

of

The

Philippine

Islands

28,422

55,839

BDO

Unibank,

Inc.

28,014

72,156

International

Container

Terminal

Services,

Inc.

10,290

44,417

JG

Summit

Holdings,

Inc.

29,822

20,289

Jollibee

Foods

Corp.

7,410

33,434

Manila

Electric

Co.

4,440

28,551

Metropolitan

Bank

&

Trust

Co.

26,710

27,092

PLDT,

Inc.

1,045

23,612

SM

Investments

Corp.

6,195

99,041

SM

Prime

Holdings,

Inc.

138,900

84,507

Universal

Robina

Corp.

13,120

25,986

606,878

Qatar

–

0.9%

Commercial

Bank

PSQC

(The)

43,554

62,801

Dukhan

Bank

22,696

24,429

Industries

Qatar

QSC

26,088

85,981

Masraf

Al

Rayan

QSC

81,546

52,632

Mesaieed

Petrochemical

Holding

Co.

44,348

20,463

Ooredoo

QPSC

10,990

32,297

Qatar

Electricity

&

Water

Co.

QSC

6,256

29,777

Qatar

Fuel

QSC

7,920

34,151

Qatar

Gas

Transport

Co.

Ltd.

45,579

43,438

Qatar

International

Islamic

Bank

QSC

13,795

39,555

Qatar

Islamic

Bank

SAQ

21,509

115,195

Qatar

National

Bank

QPSC

56,998

242,801

783,520

Russia

–

0.0%

Alrosa

PJSC

(e)

11,270

0

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Russia

–

0.0%

(continued)

Gazprom

PJSC

(a),(e)

67,050

0

LUKOIL

PJSC

(e)

2,071

0

Magnitogorsk

Iron

&

Steel

Works

PJSC

(a),(e)

5,210

0

MMC

Norilsk

Nickel

PJSC

(e)

341

0

Novatek

PJSC

(e)

5,535

0

Novolipetsk

Steel

PJSC

(a),(e)

6,530

0

Phosagro

PJSC

(e)

229

0

PIK

Group

PJSC

(a),(e)

401

0

Polyus

PJSC

(a),(e)

181

0

Rosneft

Oil

Co.

PJSC

(e)

13,131

0

Sberbank

of

Russia

PJSC

(e)

59,440

0

Severstal

PAO

(a),(e)

859

0

Surgutneftegas

PJSC

(e)

45,300

0

Tatneft

PJSC

(e)

7,934

0

United

Co.

RUSAL

International

PJSC,

Class

A

(a),(e)

10,710

0

VTB

Bank

PJSC

(a),(e)

21,230,000

0

0

Saudi

Arabia

–

4.1%

ACWA

Power

Co.

1,774

113,533

Advanced

Petrochemical

Co.

2,005

20,344

Al

Rajhi

Bank

25,261

565,831

Alinma

Bank

12,763

141,070

Almarai

Co.

JSC

3,369

51,297

Arab

National

Bank

8,667

57,732

Arabian

Internet

&

Communications

Services

Co.

339

29,650

Bank

Albilad

6,159

73,249

Banque

Saudi

Fransi

7,633

81,417

Bupa

Arabia

For

Cooperative

Insurance

Co.

967

53,274

Co.

For

Cooperative

Insurance

(The)

955

31,272

Dr.

Sulaiman

Al

Habib

Medical

Services

Group

Co.

1,124

86,920

Elm

Co.

349

83,944

Etihad

Etisalat

Co.

4,894

67,992

Jarir

Marketing

Co.

8,089

32,873

Mouwasat

Medical

Services

Co.

1,259

39,884

Nahdi

Medical

Co.

554

20,771

Rabigh

Refining

&

Petrochemical

Co.

(a)

5,999

14,621

Riyad

Bank

18,978

143,723

SABIC

Agri-Nutrients

Co.

2,808

95,994

Sahara

International

Petrochemical

Co.

3,715

31,205

Saudi

Arabian

Mining

Co.

(a)

15,511

191,918

Saudi

Arabian

Oil

Co.

(b)

57,309

467,629

Saudi

Aramco

Base

Oil

Co.

676

26,318

Saudi

Awwal

Bank

13,011

124,729

Saudi

Basic

Industries

Corp.

11,624

241,463

Saudi

Electricity

Co.

9,217

46,600

Saudi

Industrial

Investment

Group

4,968

26,946

Saudi

Kayan

Petrochemical

Co.

(a)

10,007

24,497

Saudi

National

Bank

(The)

38,357

415,267

Saudi

Tadawul

Group

Holding

Co.

632

34,919

Saudi

Telecom

Co.

23,731

258,186

Savola

Group

(The)

3,417

40,957

Yanbu

National

Petrochemical

Co.

4,019

41,153

3,777,178

Singapore

–

0.0%

BOC

Aviation

Ltd.

(b)

3,000

22,470

South

Africa

–

2.7%

ABSA

Group

Ltd.

9,082

79,986

40

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

South

Africa

–

2.7%

(continued)

African

Rainbow

Minerals

Ltd.

1,747

17,422

Anglo

American

Platinum

Ltd.

471

20,183

Aspen

Pharmacare

Holdings

Ltd.

4,836

50,464

Bid

Corp.

Ltd.

4,423

107,997

Bidvest

Group

Ltd.

(The)

4,579

60,769

Capitec

Bank

Holdings

Ltd.

1,268

136,217

Clicks

Group

Ltd.

3,285

53,153

Discovery

Ltd.

7,494

55,818

Exxaro

Resources

Ltd.

3,177

31,989

FirstRand

Ltd.

65,482

239,131

Gold

Fields

Ltd.

11,571

172,824

Impala

Platinum

Holdings

Ltd.

8,892

35,030

Investec

Ltd.

2,915

19,419

Kumba

Iron

Ore

Ltd.

719

21,379

MTN

Group

Ltd.

20,662

106,139

Multichoice

Group

(a)

4,947

19,949

Naspers

Ltd.,

Class

N

2,409

406,351

Nedbank

Group

Ltd.

4,919

57,524

Northam

Platinum

Holdings

Ltd.

4,712

31,955

Old

Mutual

Ltd.

68,784

46,044

Outsurance

Group

Ltd.

11,922

26,826

Pepkor

Holdings

Ltd.

(b)

23,647

24,539

Remgro

Ltd.

7,081

60,040

Sanlam

Ltd.

23,017

88,399

Sasol

Ltd.

7,343

64,832

Shoprite

Holdings

Ltd.

6,644

96,984

Sibanye

Stillwater

Ltd.

32,951

40,536

Standard

Bank

Group

Ltd.

17,693

190,013

Vodacom

Group

Ltd.

6,370

31,975

Woolworths

Holdings

Ltd.

12,004

44,773

2,438,660

South

Korea

–

11.8%

Alteogen,

Inc.

(a)

474

27,453

Amorepacific

Corp.

(a)

361

31,917

Amorepacific

Group

(a)

383

7,059

BGF

Retail

Co.

Ltd.

(a)

106

11,206

BNK

Financial

Group,

Inc.

5,044

28,458

Celltrion

Pharm,

Inc.

(a)

259

19,813

Celltrion,

Inc.

1,954

263,091

Cheil

Worldwide,

Inc.

972

13,378

Chunbo

Co.

Ltd.

(a)

96

5,984

CJ

Cheiljedang

Corp.

106

23,191

CJ

Corp.

(a)

172

12,101

CJ

Enm

Co.

Ltd.

(a)

166

8,893

CJ

Logistics

Corp.

(a)

139

14,143

Cosmo

AM&T

Co.

Ltd.

(a)

299

29,863

Coway

Co.

Ltd.

(a)

769

31,863

CS

Wind

Corp.

343

14,674

Daewoo

Engineering

&

Construction

Co.

Ltd.

(a)

3,535

10,422

DB

Hitek

Co.

Ltd.

(a)

485

18,115

DB

Insurance

Co.

Ltd.

(a)

566

37,277

DL

E&C

Co.

Ltd.

(a)

388

12,123

Dongsuh

Cos.,

Inc.

664

8,587

Doosan

Bobcat,

Inc.

675

25,743

Doosan

Co.

Ltd.

(a)

115

7,772

Doosan

Enerbility

Co.

Ltd.

(a)

4,935

57,091

Doosan

Fuel

Cell

Co.

Ltd.

(a)

795

12,330

Ecopro

BM

Co.

Ltd.

(a)

605

96,780

Ecopro

Co.

Ltd.

(a)

253

95,161

E-Mart,

Inc.

(a)

262

15,273

F&F

Co.

Ltd.

(a)

218

11,581

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

South

Korea

–

11.8%

(continued)

Fila

Holdings

Corp.

601

18,260

Green

Cross

Corp.

(a)

134

10,853

GS

Engineering

&

Construction

Corp.

(a)

1,015

11,491

GS

Holdings

Corp.

(a)

583

20,225

GS

Retail

Co.

Ltd.

(a)

552

9,223

Hana

Financial

Group,

Inc.

3,428

122,773

Hanjin

Kal

Corp.

(a)

339

18,542

Hankook

Tire

&

Technology

Co.

Ltd.

(a)

901

34,632

Hanmi

Pharm

Co.

Ltd.

(a)

87

21,120

Hanmi

Science

Co.

Ltd.

(a)

304

8,929

Hanmi

Semiconductor

Co.

Ltd.

(a)

554

24,366

Hanon

Systems

2,335

10,882

Hansol

Chemical

Co.

Ltd.

(a)

147

22,028

Hanssem

Co.

Ltd.

130

4,646

Hanwha

Aerospace

Co.

Ltd.

(a)

423

43,769

Hanwha

Corp.

(a)

541

11,046

Hanwha

Life

Insurance

Co.

Ltd.

(a)

3,938

8,955

Hanwha

Ocean

Co.

Ltd.

(a)

2,593

42,645

Hanwha

Solutions

Corp.

(a)

1,184

29,586

Hanwha

Systems

Co.

Ltd.

(a)

747

8,647

HD

Hyundai

Co.

Ltd.

567

30,333

HD

Hyundai

Heavy

Industries

Co.

Ltd.

(a)

240

20,518

HD

Hyundai

Infracore

Co.

Ltd.

(a)

1,723

9,966

HD

Korea

Shipbuilding

&

Offshore

Engineering

Co.

Ltd.

(a)

586

49,834

Hite

Jinro

Co.

Ltd.

(a)

433

6,813

HL

Mando

Co.

Ltd.

(a)

493

13,002

HLB,

Inc.

(a)

1,546

78,537

HMM

Co.

Ltd.

(a)

2,199

31,783

Hotel

Shilla

Co.

Ltd.

412

17,997

Hugel,

Inc.

(a)

86

9,794

HYBE

Co.

Ltd.

(a)

227

34,272

Hyosung

Advanced

Materials

Corp.

(a)

36

8,807

Hyosung

Tnc

Corp.

(a)

32

7,217

Hyundai

Autoever

Corp.

(a)

99

10,978

Hyundai

Department

Store

Co.

Ltd.

(a)

185

7,457

Hyundai

Elevator

Co.

Ltd.

(a)

280

8,518

Hyundai

Engineering

&

Construction

Co.

Ltd.

(a)

1,035

26,870

Hyundai

Glovis

Co.

Ltd.

(a)

202

26,471

Hyundai

Marine

&

Fire

Insurance

Co.

Ltd.

(a)

780

19,812

Hyundai

Mipo

Dockyard

Co.

Ltd.

(a)

308

15,600

Hyundai

Mobis

Co.

Ltd.

821

129,180

Hyundai

Motor

Co.

1,729

252,099

Hyundai

Rotem

Co.

Ltd.

(a)

969

20,583

Hyundai

Steel

Co.

(a)

1,165

29,242

Industrial

Bank

of

Korea

(a)

5,073

47,588

JYP

Entertainment

Corp.

(a)

362

20,424

Kakao

Corp.

(a)

3,647

143,459

Kakao

Games

Corp.

(a)

909

16,720

KakaoBank

Corp.

(a)

2,740

56,046

Kakaopay

Corp.

(a)

390

13,836

Kangwon

Land,

Inc.

(a)

1,972

22,178

KB

Financial

Group,

Inc.

4,766

202,117

KCC

Corp.

59

10,897

Kepco

Engineering

&

Construction

Co.,

Inc.

(a)

195

9,585

Kepco

Plant

Service

&

Engineering

Co.

Ltd.

(a)

294

7,479

KIA

Corp.

(a)

3,252

250,725

Kiwoom

Securities

Co.

Ltd.

(a)

203

14,708

Korea

Aerospace

Industries

Ltd.

(a)

886

33,524

Korea

Electric

Power

Corp.

(a)

2,714

40,202

Korea

Gas

Corp.

(a)

420

8,323

Korea

Investment

Holdings

Co.

Ltd.

(a)

574

26,407

41

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

South

Korea

–

11.8%

(continued)

Korea

Zinc

Co.

Ltd.

117

41,509

Korean

Air

Lines

Co.

Ltd.

(a)

1,823

30,733

Krafton,

Inc.

(a)

368

59,144

KT

Corp.

(a)

751

19,919

KT&G

Corp.

1,456

98,838

Kum

Yang

Co.

Ltd.

(a)

386

22,588

Kumho

Petrochemical

Co.

Ltd.

(a)

246

23,003

L&F

Co.

Ltd.

(a)

306

32,901

Leeno

Industrial,

Inc.

(a)

142

21,162

LG

Chem

Ltd.

582

189,472

LG

Corp.

(a)

1,128

69,304

LG

Display

Co.

Ltd.

(a)

3,114

27,182

LG

Electronics,

Inc.

1,383

96,887

LG

Energy

Solution

(a)

516

147,302

LG

H&H

Co.

Ltd.

89

20,239

LG

Innotek

Co.

Ltd.

142

20,321

LG

Uplus

Corp.

2,940

22,535

Lotte

Chemical

Corp.

(a)

248

24,286

Lotte

Corp.

(a)

392

8,532

Lotte

Energy

Materials

Corp.

386

9,125

Lotte

Shopping

Co.

Ltd.

(a)

153

9,423

LS

Corp.

(a)

228

15,563

Meritz

Financial

Group,

Inc.

(a)

1,376

70,622

Mirae

Asset

Securities

Co.

Ltd.

(a)

3,228

19,034

NAVER

Corp.

(a)

1,779

267,253

NCSoft

Corp.

(a)

128

18,999

Netmarble

Corp.

(a)(b)

361

15,769

NH

Investment

&

Securities

Co.

Ltd.

(a)

1,933

15,323

Nongshim

Co.

Ltd.

40

11,314

OCI

Holdings

Co.

Ltd.

(a)

168

13,141

Orion

Corp.

291

19,994

Pan

Ocean

Co.

Ltd.

(a)

3,426

9,382

Pearl

Abyss

Corp.

(a)

410

10,061

POSCO

DX

Co.

Ltd.

(a)

669

28,722

POSCO

Future

M

Co.

Ltd.

(a)

373

70,847

POSCO

Holdings,

Inc.

935

298,438

POSCO

International

Corp.

(a)

671

26,445

S-1

Corp.

257

10,957

Samsung

Biologics

Co.

Ltd.

(a)(b)

225

141,610

Samsung

C&T

Corp.

964

99,676

Samsung

Card

Co.

Ltd.

(a)

209

5,168

Samsung

Electro-Mechanics

Co.

Ltd.

691

72,276

Samsung

Electronics

Co.

Ltd.

63,494

3,458,595

Samsung

Engineering

Co.

Ltd.

(a)

2,051

34,269

Samsung

Fire

&

Marine

Insurance

Co.

Ltd.

(a)

418

82,682

Samsung

Heavy

Industries

Co.

Ltd.

(a)

8,506

46,588

Samsung

Life

Insurance

Co.

Ltd.

989

51,353

Samsung

SDI

Co.

Ltd.

616

171,925

Samsung

SDS

Co.

Ltd.

506

57,627

Samsung

Securities

Co.

Ltd.

815

22,991

SD

Biosensor,

Inc.

(a)

742

5,776

Shinhan

Financial

Group

Co.

Ltd.

5,362

164,116

Shinsegae,

Inc.

(a)

101

13,046

SK

Biopharmaceuticals

Co.

Ltd.

(a)

394

27,454

SK

Bioscience

Co.

Ltd.

(a)

391

18,603

SK

Chemicals

Co.

Ltd.

234

11,309

SK

Hynix,

Inc.

6,973

703,752

SK

Ie

Technology

Co.

Ltd.

(a)(b)

379

21,071

SK

Innovation

Co.

Ltd.

(a)

724

63,523

SK

Networks

Co.

Ltd.

(a)

1,395

6,825

SK

Square

Co.

Ltd.

(a)

1,285

49,969

SK

Telecom

Co.

Ltd.

1,378

51,830

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

South

Korea

–

11.8%

(continued)

SK,

Inc.

380

52,246

SKC

Co.

Ltd.

(a)

268

15,422

S-Oil

Corp.

471

24,103

Soulbrain

Co.

Ltd.

(a)

61

12,363

Ssangyong

C&E

Co.

Ltd.

1,719

7,766

Studio

Dragon

Corp.

(a)

198

6,824

Wemade

Co.

Ltd.

(a)

254

9,820

Wonik

IPS

Co.

Ltd.

(a)

515

11,711

Woori

Financial

Group,

Inc.

8,635

89,802

Yuhan

Corp.

(a)

736

32,646

10,784,867

Taiwan

–

16.7%

Accton

Technology

Corp.

7,000

118,309

Acer,

Inc.

38,000

55,908

Advantech

Co.

Ltd.

5,928

63,921

Airtac

International

Group

2,046

61,446

Alchip

Technologies

Ltd.

1,000

124,603

ASE

Technology

Holding

Co.

Ltd.

50,000

217,256

Asia

Cement

Corp.

30,000

38,100

Asia

Vital

Components

Co.

Ltd.

4,000

54,378

Asustek

Computer,

Inc.

9,000

128,101

AUO

Corp.

68,600

40,328

Catcher

Technology

Co.

Ltd.

9,000

55,927

Cathay

Financial

Holding

Co.

Ltd.

135,836

191,606

Chailease

Holding

Co.

Ltd.

18,506

102,878

Chang

Hwa

Commercial

Bank

Ltd.

66,264

37,049

Cheng

Shin

Rubber

Industry

Co.

Ltd.

28,000

40,659

Chicony

Electronics

Co.

Ltd.

8,000

42,045

China

Airlines

Ltd.

38,000

24,767

China

Development

Financial

Holding

Corp.

(a)

195,000

75,073

China

Steel

Corp.

135,000

108,476

Chroma

ATE,

Inc.

5,000

32,029

Chunghwa

Telecom

Co.

Ltd.

50,000

190,099

Compal

Electronics,

Inc.

51,000

58,415

CTBC

Financial

Holding

Co.

Ltd.

245,000

222,695

Delta

Electronics,

Inc.

25,000

223,646

E

Ink

Holdings,

Inc.

12,000

79,746

E.Sun

Financial

Holding

Co.

Ltd.

193,714

153,179

Eclat

Textile

Co.

Ltd.

3,000

52,429

Elite

Material

Co.

Ltd.

4,000

58,915

ememory

Technology,

Inc.

1,000

89,458

Eva

Airways

Corp.

37,000

37,355

Evergreen

Marine

Corp.

Taiwan

Ltd.

12,600

60,586

Far

Eastern

New

Century

Corp.

31,000

30,604

Far

EasTone

Telecommunications

Co.

Ltd.

22,000

56,582

Feng

TAY

Enterprise

Co.

Ltd.

8,512

44,056

First

Financial

Holding

Co.

Ltd.

139,478

118,536

Formosa

Chemicals

&

Fibre

Corp.

55,000

99,458

Formosa

Petrochemical

Corp.

18,000

42,902

Formosa

Plastics

Corp.

66,000

152,034

Formosa

Sumco

Technology

Corp.

2,000

10,352

Foxconn

Technology

Co.

Ltd.

14,000

22,588

Fubon

Financial

Holding

Co.

Ltd.

110,935

228,608

Giant

Manufacturing

Co.

Ltd.

5,000

28,515

Gigabyte

Technology

Co.

Ltd.

7,000

69,107

Global

Unichip

Corp.

1,000

49,362

Globalwafers

Co.

Ltd.

3,000

55,496

Gold

Circuit

Electronics

Ltd.

4,000

29,266

Highwealth

Construction

Corp.

28,000

35,425

Hiwin

Technologies

Corp.

4,000

28,115

Hon

Hai

Precision

Industry

Co.

Ltd.

156,000

510,871

42

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Taiwan

–

16.7%

(continued)

Hotai

Motor

Co.

Ltd.

4,120

83,454

Hua

Nan

Financial

Holdings

Co.

Ltd.

89,139

61,515

Innolux

Corp.

111,000

57,983

Inventec

Corp.

41,000

71,915

Largan

Precision

Co.

Ltd.

1,152

91,646

Lite-On

Technology

Corp.

30,000

103,995

Lotes

Co.

Ltd.

1,000

31,566

Macronix

International

Co.

Ltd.

26,000

24,256

MediaTek,

Inc.

20,000

617,262

Mega

Financial

Holding

Co.

Ltd.

152,899

183,921

Merida

Industry

Co.

Ltd.

3,000

16,438

Micro-Star

International

Co.

Ltd.

9,000

52,333

Momo.com,

Inc.

1,100

15,323

Nan

Ya

Plastics

Corp.

69,000

134,255

Nan

Ya

Printed

Circuit

Board

Corp.

3,000

21,758

Nanya

Technology

Corp.

16,000

35,119

Nien

Made

Enterprise

Co.

Ltd.

3,000

32,157

Novatek

Microelectronics

Corp.

8,000

130,609

Oneness

Biotech

Co.

Ltd.

4,000

22,109

Pegatron

Corp.

26,000

68,698

PharmaEssentia

Corp.

(a)

3,000

30,192

Phison

Electronics

Corp.

2,000

33,739

Polaris

Group

(a)

4,000

9,035

Pou

Chen

Corp.

30,000

30,288

Powerchip

Semiconductor

Manufacturing

Corp.

44,000

37,956

Powertech

Technology,

Inc.

7,000

32,540

President

Chain

Store

Corp.

6,000

50,608

Quanta

Computer,

Inc.

31,000

244,637

Realtek

Semiconductor

Corp.

6,000

90,001

Ruentex

Development

Co.

Ltd.

26,000

29,697

Ruentex

Industries

Ltd.

10,000

19,202

Shanghai

Commercial

&

Savings

Bank

Ltd.

(The)

54,686

77,400

Shin

Kong

Financial

Holding

Co.

Ltd.

(a)

182,000

48,844

Sino-American

Silicon

Products,

Inc.

7,000

42,940

SinoPac

Financial

Holdings

Co.

Ltd.

141,094

86,551

Synnex

Technology

International

Corp.

15,000

34,505

TA

Chen

Stainless

Pipe

27,000

32,004

Taishin

Financial

Holding

Co.

Ltd.

180,216

98,746

Taiwan

Business

Bank

81,000

34,548

Taiwan

Cement

Corp.

73,117

74,520

Taiwan

Cooperative

Financial

Holding

Co.

Ltd.

131,974

107,310

Taiwan

Fertilizer

Co.

Ltd.

10,000

21,726

Taiwan

High

Speed

Rail

Corp.

26,000

24,547

Taiwan

Mobile

Co.

Ltd.

22,000

68,883

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

312,000

6,260,036

Tatung

Co.

Ltd.

(a)

27,000

37,826

TECO

Electric

&

Machinery

Co.

Ltd.

23,000

33,839

Tripod

Technology

Corp.

6,000

35,943

Unimicron

Technology

Corp.

17,000

95,593

Uni-President

Enterprises

Corp.

62,000

143,414

United

Microelectronics

Corp.

149,000

233,263

Vanguard

International

Semiconductor

Corp.

13,000

30,528

Visera

Technologies

Co.

Ltd.

2,000

17,988

Voltronic

Power

Technology

Corp.

1,000

42,812

Walsin

Lihwa

Corp.

32,000

36,192

Walsin

Technology

Corp.

5,000

17,253

WAN

HAI

Lines

Ltd.

10,590

16,545

Win

Semiconductors

Corp.

5,000

24,761

Winbond

Electronics

Corp.

40,000

34,761

Wistron

Corp.

35,000

128,037

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Taiwan

–

16.7%

(continued)

Wiwynn

Corp.

1,049

73,733

WPG

Holdings

Ltd.

19,000

52,934

WT

Microelectronics

Co.

Ltd.

6,593

33,281

Yageo

Corp.

4,591

80,967

Yang

Ming

Marine

Transport

Corp.

25,000

38,219

Yuanta

Financial

Holding

Co.

Ltd.

146,529

126,635

Yulon

Finance

Corp.

5,000

27,876

Yulon

Motor

Co.

Ltd.

8,000

17,764

Zhen

Ding

Technology

Holding

Ltd.

9,000

29,042

15,337,232

Thailand

–

1.8%

Advanced

Info

Service

PCL,

NVDR

14,500

89,508

Airports

of

Thailand

PCL,

NVDR

53,300

89,766

Asset

World

Corp.

PCL,

NVDR

57,300

6,428

B

Grimm

Power

PCL,

NVDR

17,300

13,532

Bangkok

Bank

PCL,

NVDR

13,400

53,256

Bangkok

Dusit

Medical

Services

PCL,

NVDR

88,100

68,290

Bangkok

Expressway

&

Metro

PCL,

NVDR

89,600

18,563

Banpu

PCL,

NVDR

57,700

10,084

Berli

Jucker

PCL,

NVDR

5,800

3,875

BTS

Group

Holdings

PCL,

NVDR

105,500

17,842

Bumrungrad

Hospital

PCL,

NVDR

6,600

44,648

Carabao

Group

PCL,

NVDR

4,900

10,393

Central

Pattana

PCL,

NVDR

23,200

42,342

Central

Plaza

Hotel

PCL,

NVDR

(a)

8,400

10,300

Central

Retail

Corp.

PCL,

NVDR

37,200

34,864

Charoen

Pokphand

Foods

PCL,

NVDR

40,200

21,076

Com7

PCL,

NVDR

12,600

7,529

CP

ALL

PCL,

NVDR

72,800

107,217

CP

Axtra

PCL,

NVDR

10,300

8,274

Delta

Electronics

Thailand

PCL,

NVDR

6,100

13,540

Electricity

Generating

PCL,

NVDR

4,000

14,826

Energy

Absolute

PCL,

NVDR

17,600

19,720

Global

Power

Synergy

PCL,

NVDR

13,400

18,602

Gulf

Energy

Development

PCL,

NVDR

58,320

71,508

Home

Product

Center

PCL,

NVDR

42,500

12,578

Indorama

Ventures

PCL,

NVDR

8,600

5,721

Intouch

Holdings

PCL,

NVDR

12,700

26,401

IRPC

PCL,

NVDR

229,900

12,636

JMT

Network

Services

PCL,

NVDR

9,200

5,316

Kasikornbank

PCL,

NVDR

19,400

65,619

KCE

Electronics

PCL,

NVDR

8,600

10,787

Krung

Thai

Bank

PCL,

NVDR

60,700

27,204

Krungthai

Card

PCL,

NVDR

7,300

9,002

Land

&

Houses

PCL,

NVDR

82,200

17,725

Minor

International

PCL,

NVDR

47,600

40,922

Muangthai

Capital

PCL,

NVDR

9,400

11,261

Ngern

Tid

Lor

PCL,

NVDR

17,800

10,938

Osotspa

PCL,

NVDR

23,400

13,719

PTT

Exploration

&

Production

PCL,

NVDR

17,500

73,991

PTT

Global

Chemical

PCL,

NVDR

24,500

23,134

PTT

Oil

&

Retail

Business

PCL,

NVDR

30,400

15,338

PTT

PCL,

NVDR

126,400

120,245

Ratch

Group

PCL,

NVDR

9,500

8,100

SCB

X

PCL,

NVDR

14,900

43,678

SCG

Packaging

PCL,

NVDR

11,200

9,944

Siam

Cement

PCL

(The),

NVDR

5,700

43,380

Siam

Global

House

PCL,

NVDR

24,000

10,283

Srisawad

Corp.

PCL,

NVDR

11,600

12,915

Thai

Beverage

PCL

114,100

44,826

Thai

Life

Insurance

PCL,

NVDR

39,400

9,273

43

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Thailand

–

1.8%

(continued)

Thai

Oil

PCL,

NVDR

16,500

25,463

Thai

Union

Group

PCL,

NVDR

35,000

14,995

Tisco

Financial

Group

PCL,

NVDR

7,600

21,208

TMBThanachart

Bank

PCL,

NVDR

659,700

33,285

Toa

Paint

Thailand

PCL,

NVDR

10,200

6,066

True

Corp.

PCL,

NVDR

(a)

137,500

23,448

WHA

Corp.

PCL,

NVDR

87,400

11,677

1,617,061

Turkey

–

1.1%

AG

Anadolu

Grubu

Holding

AS,

Class

A

1,228

9,267

Ahlatci

Dogal

GAZ

Dagitim

Enerji

VE

Yatirim

AS

(a)

10,822

4,522

Akbank

T.A.S.

37,897

49,382

Akcansa

Cimento

AS

756

4,260

Aksa

Akrilik

Kimya

Sanayii

AS

1,749

5,369

Aksa

Enerji

Uretim

AS,

Class

B

4,610

5,475

Alarko

Holding

AS

2,348

8,303

ALFA

Solar

Enerji

Sanayi

ve

Ticaret

AS

1,100

3,643

Anadolu

Anonim

Turk

Sigorta

Sirketi

(a)

2,387

5,597

Anadolu

EFES

Biracilik

ve

Malt

Sanayii

AS

2,702

12,538

Arcelik

AS

1,669

7,788

Aselsan

Elektronik

Sanayi

ve

Ticaret

AS

17,240

28,749

Astor

Transformator

Enerji

Turizm

Insaat

ve

Petrol

Sanayi

Ticaret

AS,

Class

B

2,766

10,747

BIM

Birlesik

Magazalar

AS

5,701

71,582

Borusan

Birlesik

Boru

Fabrikalari

Sanayi

ve

Ticaret

AS

(a)

370

7,462

Borusan

Yatirim

ve

Pazarlama

AS

64

5,505

Can2

Termik

AS

(a)

6,298

3,736

Cimsa

Cimento

Sanayi

ve

Ticaret

AS

6,506

7,054

Coca-Cola

Icecek

AS

1,035

18,248

CW

Enerji

Muhendislik

Ticaret

ve

Sanayi

AS

(a)

434

4,748

Dogan

Sirketler

Grubu

Holding

AS

13,660

5,956

Dogus

Otomotiv

Servis

ve

Ticaret

AS

1,107

9,950

EGE

Endustri

ve

Ticaret

AS

16

5,774

Emlak

Konut

Gayrimenkul

Yatirim

Ortakligi

AS

(d)

32,284

10,693

Enerjisa

Enerji

As

(b)

3,629

6,656

Enka

Insaat

ve

Sanayi

AS

8,249

10,129

Eregli

Demir

ve

Celik

Fabrikalari

TAS

(a)

20,315

28,882

Europower

Enerji

VE

Otomasyon

Teknolojileri

Sanayi

Ticaret

AS

(a)

849

5,022

Ford

Otomotiv

Sanayi

AS

976

28,369

Girisim

Elektrik

Taahhut

Ticaret

ve

Sanayi

AS

(a)

1,883

4,828

Gubre

Fabrikalari

TAS

(a)

1,100

5,278

Haci

OMER

Sabanci

Holding

AS

13,941

33,355

Hektas

Ticaret

TAS

(a)

1,465

860

Investco

Holding

AS

(a)

475

5,217

Is

Yatirim

Menkul

Degerler

AS

6,010

6,853

Kaleseramik

Canakkale

Kalebodur

Seramik

Sanayi

AS

(a)

1,717

4,136

Kardemir

Karabuk

Demir

Celik

Sanayi

ve

Ticaret

AS,

Class

D

13,851

12,252

Kiler

Holding

AS

(a)

3,058

3,830

KOC

Holding

AS

9,357

49,554

Kontrolmatik

Enerji

VE

Muhendislik

AS

1,143

9,135

Koza

Altin

Isletmeleri

AS

13,167

9,008

Koza

Anadolu

Metal

Madencilik

Isletmeleri

AS

(a)

2,612

4,235

Mavi

Giyim

Sanayi

ve

Ticaret

AS,

Class

B

(b)

2,231

10,484

Mia

Teknoloji

AS

(a)

3,055

4,410

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Common

Stocks

–

97.9%

(continued)

Turkey

–

1.1%

(continued)

Migros

Ticaret

AS

1,256

16,909

Mlp

Saglik

Hizmetleri

AS,

Class

B

(a)(b)

1,093

5,871

Nuh

Cimento

Sanayi

AS

382

4,003

Odas

Elektrik

Uretim

ve

Sanayi

Ticaret

AS

(a)

15,925

4,865

Otokar

Otomotiv

ve

Savunma

Sanayi

AS

(a)

492

7,896

Oyak

Cimento

Fabrikalari

AS

(a)

4,132

8,592

Pegasus

Hava

Tasimaciligi

AS

(a)

610

15,127

Petkim

Petrokimya

Holding

AS

(a)

18,485

13,231

Sarkuysan

Elektrolitik

Bakir

Sanayi

ve

Ticaret

AS

6,288

6,304

Sasa

Polyester

Sanayi

AS

(a)

17,878

22,683

Smart

Gunes

Enerjisi

Teknolojileri

Arge

Uretim

Sanayi

ve

Ticaret

AS

(a)

2,171

4,465

Sok

Marketler

Ticaret

AS

3,819

8,030

Tav

Havalimanlari

Holding

AS

(a)

2,780

12,671

Tekfen

Holding

AS

3,681

5,068

Tofas

Turk

Otomobil

Fabrikasi

AS

1,561

12,676

Torunlar

Gayrimenkul

Yatirim

Ortakligi

AS

(d)

3,617

4,346

Turk

Hava

Yollari

AO

(a)

9,327

83,837

Turk

Telekomunikasyon

AS

(a)

7,569

8,157

Turk

Traktor

VE

Ziraat

Makineleri

AS

357

9,500

Turkcell

Iletisim

Hizmetleri

AS

16,408

37,067

Turkiye

Halk

Bankasi

AS

(a)

10,928

4,693

Turkiye

Is

Bankasi

AS,

Class

C

45,634

38,560

Turkiye

Petrol

Rafinerileri

AS

11,707

57,871

Turkiye

Sigorta

AS

3,303

5,221

Turkiye

Sise

ve

CAM

Fabrikalari

AS

20,211

32,837

Ulker

Biskuvi

Sanayi

AS

(a)

2,028

6,246

Vestel

Beyaz

Esya

Sanayi

ve

Ticaret

AS

7,446

4,270

Vestel

Elektronik

Sanayi

ve

Ticaret

AS

(a)

2,689

5,446

Yapi

ve

Kredi

Bankasi

AS

39,206

28,218

Zorlu

Enerji

Elektrik

Uretim

AS

(a)

23,970

3,681

1,027,182

United

Arab

Emirates

–

2.2%

Abu

Dhabi

Commercial

Bank

PJSC

37,174

91,089

Abu

Dhabi

Islamic

Bank

PJSC

19,405

59,172

Abu

Dhabi

National

Energy

Co.

PJSC

39,016

33,461

Abu

Dhabi

National

Oil

Co.

for

Distribution

PJSC

31,857

30,791

ADNOC

Drilling

Co.

PJSC

25,358

25,338

Adnoc

Gas

PLC

98,780

86,598

Aldar

Properties

PJSC

51,458

71,451

Alpha

Dhabi

Holding

PJSC

(a)

17,325

83,772

Borouge

PLC

43,562

28,346

Dubai

Electricity

&

Water

Authority

PJSC

120,818

82,564

Dubai

Islamic

Bank

PJSC

34,701

59,709

Emaar

Properties

PJSC

84,505

170,945

Emirates

NBD

Bank

PJSC

33,400

160,955

Emirates

Telecommunications

Group

Co.

PJSC

44,322

231,448

First

Abu

Dhabi

Bank

PJSC

57,729

230,102

International

Holdings

Co.

PJSC

(a)

4,571

497,428

Multiply

Group

PJSC

(a)

48,361

38,052

1,981,221

United

States

–

0.1%

BeiGene

Ltd.

(a)

6,800

78,767

Parade

Technologies

Ltd.

1,000

35,623

114,390

Total

Common

Stocks

(cost

$87,409,834)

89,780,581

Preferred

Stocks

–

2.4%

Brazil

–

1.6%

Banco

Bradesco

SA,

7.25%

69,588

216,323

44

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Emerging

Markets

Equity

ETF

(continued)

Description

Shares

Value

($)

Preferred

Stocks

–

2.4%

(continued)

Brazil

–

1.6%

(continued)

Braskem

SA,

Class

A,

5.02%

(a)

2,960

10,711

Centrais

Eletricas

Brasileiras

SA,

Class

B,

3.26%

2,438

22,638

Cia

Energetica

de

Minas

Gerais,

11.20%

18,318

42,782

Companhia

Paranaense

de

Energia,

3.30%

12,149

24,932

Gerdau

SA,

7.61%

14,190

60,509

Itau

Unibanco

Holding

SA,

3.83%

66,588

442,968

Itausa

SA,

5.61%

72,519

147,354

Petroleo

Brasileiro

SA,

7.82%

59,508

490,771

Raizen

SA,

6.96%

16,548

12,860

1,471,848

Chile

–

0.1%

Sociedad

Quimica

y

Minera

de

Chile

SA,

Class

B,

10.32%

1,679

72,599

Colombia

–

0.1%

Bancolombia

SA,

11.53%

6,207

48,690

Russia

–

0.0%

Sberbank

of

Russia

PJSC,

9.03%

(e)

4,890

0

Surgutneftegas

PJSC,

1.40%

(e)

37,000

0

Tatneft

PJSC,

Series

3,

12.78%

(e)

266

0

0

South

Korea

–

0.6%

Hyundai

Motor

Co.,

2.44%

300

26,569

Hyundai

Motor

Co.,

Series

2,

2.44%

397

35,189

LG

Chem

Ltd.,

1.29%

132

26,901

LG

Electronics,

Inc.,

1.96%

309

9,747

Samsung

Electronics

Co.

Ltd.,

2.42%

10,389

456,925

Samsung

Fire

&

Marine

Insurance

Co.

Ltd.,

7.44%

(a)

67

9,608

Samsung

SDI

Co.

Ltd.,

0.49%

127

19,935

584,874

Total

Preferred

Stocks

(cost

$1,792,896)

2,178,011

Rights

–

0.0%

South

Korea

–

0.0%

LG

Display

Co.

Ltd.,

Rights

expiring

3/1/2024

(a)

989

1,171

Total

Rights

(cost

$0)

1,171

Investment

Companies

–

0.1%

Registered

Investment

Companies

–

0.1%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$102,686)

102,686

102,686

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.0%

Registered

Investment

Companies

–

0.0%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$35,805)

35,805

35,805

Total

Investments

(cost

$89,341,221)

100.4%

92,098,254

Liabilities,

Less

Cash

and

Receivables

(0.4)%

(392,999)

Net

Assets

100.0%

91,705,255

ADR—American

Depositary

Receipt

NVDR—Non-Voting

Depositary

Receipt

REIT—Real

Estate

Investment

Trust

(a)

Non-income

producing

security.

(b)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2024,

these

securities

were

valued

at

$3,716,635

or

4.05%

of

net

assets.

45

See

Notes

to

Statements

of

Investments

(c)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2024,

the

value

of

the

fund’s

securities

on

loan

was

$47,802

and

the

value

of

the

collateral

was

$50,443,

consisting

of

cash

collateral

of

$35,805

and

U.S.

Government

&

Agency

securities

valued

at

$14,638.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(d)

Investment

in

a

real

estate

investment

trust.

(e)

The

fund

held

Level

3

securities

at

January

31,

2024.

These

securities

were

valued

at

$0

or

0.00%

of

net

assets.

(f)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(g)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2024.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

(Depreciation)

($)

Futures

Long

MSCI

Emerging

Markets

Index

7

3/15/2024

347,029

343,280

(3,749)

Gross

Unrealized

Depreciation

(3,749)

46

STATEMENT

OF

INVESTMENTS

January

31,

2024

(Unaudited)

BNY

Mellon

Core

Bond

ETF

Description

Principal

Amount

($)

Value

($)

Asset-Backed

Securities

–

0.4%

Ally

Auto

Receivables

Trust,

Series

2022-3,

Class

A4,

5.07%,

6/15/2031

125,000

125,794

American

Express

Credit

Account

Master

Trust

Series

2022-2,

Class

A,

3.39%,

5/15/2027

250,000

245,378

Series

2022-3,

Class

A,

3.75%,

8/15/2027

100,000

98,460

Series

2023-4,

Class

A,

5.15%,

9/15/2030

500,000

514,101

BA

Credit

Card

Trust,

Series

2023-A1,

Class

A1,

4.79%,

5/15/2028

75,000

75,363

Barclays

Dryrock

Issuance

Trust

Series

2022-1,

Class

A,

3.07%,

2/15/2028

100,000

97,799

Series

2023-1,

Class

A,

4.72%,

2/15/2029

100,000

100,081

Capital

One

Multi-Asset

Execution

Trust

Series

2022-A1,

Class

A1,

2.80%,

3/15/2027

40,000

39,052

Series

2022-A2,

Class

A,

3.49%,

5/15/2027

100,000

98,217

Series

2023-A1,

Class

A,

4.42%,

5/15/2028

80,000

79,722

Series

2019-A3,

Class

A3,

2.06%,

8/15/2028

40,000

37,574

CarMax

Auto

Owner

Trust

Series

2021-4,

Class

A4,

0.82%,

4/15/2027

140,000

129,998

Series

2023-2,

Class

A3,

5.05%,

1/18/2028

30,000

30,078

Series

2023-3,

Class

A3,

5.28%,

5/15/2028

100,000

100,923

Chase

Issuance

Trust,

Series

2022-A1,

Class

A,

3.97%,

9/15/2027

1,000,000

987,483

Discover

Card

Execution

Note

Trust

Series

2022-A4,

Class

A,

5.03%,

10/15/2027

100,000

100,440

Series

2023-A1,

Class

A,

4.31%,

3/15/2028

575,000

571,420

Honda

Auto

Receivables

Owner

Trust,

Series

2023-1,

Class

A4,

4.97%,

6/21/2029

800,000

805,523

Hyundai

Auto

Receivables

Trust,

Series

2022-

C,

Class

A4,

5.52%,

10/16/2028

1,100,000

1,121,128

John

Deere

Owner

Trust,

Series

2021-A,

Class

A4,

0.62%,

12/15/2027

100,000

96,789

Nissan

Auto

Lease

Trust,

Series

2023-A,

Class

A4,

4.80%,

7/15/2027

225,000

224,192

Toyota

Auto

Receivables

Owner

Trust

Series

2023-A,

Class

A3,

4.63%,

9/15/2027

160,000

159,350

Series

2023-C,

Class

A3,

5.16%,

4/17/2028

110,000

110,865

Verizon

Master

Trust

Series

2022-7,

Class

A1A,

5.23%,

11/22/2027

100,000

99,928

Series

2022-6,

Class

A,

3.67%,

1/22/2029

100,000

98,128

Series

2023-7,

Class

A1A,

5.67%,

11/20/2029

500,000

514,016

Volkswagen

Auto

Loan

Enhanced

Trust

Series

2023-1,

Class

A3,

5.02%,

6/20/2028

100,000

100,605

Series

2021-1,

Class

A4,

1.26%,

10/20/2028

100,000

94,708

World

Omni

Auto

Receivables

Trust

Series

2022-B,

Class

A3,

3.25%,

7/15/2027

100,000

98,158

Series

2021-C,

Class

A4,

0.64%,

9/15/2027

100,000

93,862

Series

2022-C,

Class

A3,

3.66%,

10/15/2027

500,000

491,680

Total

Asset-Backed

Securities

(cost

$7,524,185)

7,540,815

Commercial

Mortgage-Backed

Securities

–

0.8%

Bank

Trust

Series

2019-BN16,

Class

A4,

4.01%,

2/15/2052

85,000

81,516

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Commercial

Mortgage-Backed

Securities

–

0.8%

(continued)

Bank

Trust

(continued)

Series

2019-BN21,

Class

A5,

2.85%,

10/17/2052

50,000

44,627

Series

2020-BN30,

Class

A4,

1.93%,

12/15/2053

60,000

48,438

Series

2021-BN31,

Class

A4,

2.04%,

2/15/2054

25,000

20,813

Series

2023-5YR1,

Class

A3,

6.26%,

4/15/2056

110,000

114,858

Series

2023-BNK46,

Class

A4,

5.75%,

8/15/2056

200,000

213,037

Series

2017-BNK6,

Class

A4,

3.25%,

7/15/2060

50,000

47,332

Series

2018-BN10,

Class

A5,

3.69%,

2/15/2061

93,000

88,776

Series

2018-BN11,

Class

A2,

3.78%,

3/15/2061

188,258

179,010

Series

2018-BN12,

Class

A3,

3.99%,

5/15/2061

80,000

76,626

Series

2019-BN18,

Class

A4,

3.58%,

5/15/2062

1,593,000

1,454,485

Series

2021-BN37,

Class

A4,

2.37%,

11/15/2064

100,000

83,666

Barclays

Commercial

Mortgage

Trust,

Series

2019-C4,

Class

A5,

2.92%,

8/15/2052

25,000

22,636

BBCMS

Mortgage

Trust

Series

2018-C2,

Class

A4,

4.05%,

12/15/2051

85,000

81,417

Series

2020-C6,

Class

A4,

2.64%,

2/15/2053

60,000

53,122

Series

2021-C9,

Class

A5,

2.30%,

2/15/2054

250,000

212,440

Series

2022-C18,

Class

A5,

5.71%,

12/15/2055

100,000

106,168

Series

2023-C20,

Class

A3,

5.99%,

7/15/2056

1,000,000

1,024,539

Benchmark

Mortgage

Trust

Series

2020-IG1,

Class

AS,

2.91%,

9/15/2043

50,000

38,121

Series

2018-B2,

Class

A4,

3.61%,

2/15/2051

50,000

47,159

Series

2018-B3,

Class

A3,

3.75%,

4/10/2051

175,000

169,401

Series

2020-B21,

Class

A5,

1.98%,

12/17/2053

450,000

371,480

Series

2021-B27,

Class

A5,

2.39%,

7/15/2054

120,000

97,948

Series

2022-B32,

Class

A5,

3.00%,

1/15/2055

150,000

126,390

Series

2022-B34,

Class

A5,

3.79%,

4/15/2055

100,000

89,072

Series

2022-B35,

Class

A5,

4.59%,

5/15/2055

240,000

225,678

Series

2023-V2,

Class

A2,

5.36%,

5/15/2055

260,000

263,968

BMO

Mortgage

Trust,

Series

2023-C4,

Class

A5,

5.12%,

2/15/2056

50,000

50,866

Citigroup

Commercial

Mortgage

Trust

Series

2015-GC35,

Class

A4,

3.82%,

11/10/2048

100,000

96,847

Series

2016-P4,

Class

AS,

3.08%,

7/10/2049

120,000

109,575

Series

2017-C4,

Class

A4,

3.47%,

10/12/2050

125,000

117,978

47

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Commercial

Mortgage-Backed

Securities

–

0.8%

(continued)

COMM

Mortgage

Trust

Series

2015-CR26,

Class

A3,

3.36%,

10/10/2048

85,903

83,111

Series

2015-LC23,

Class

A4,

3.77%,

10/10/2048

50,000

48,461

Series

2019-GC44,

Class

A5,

2.95%,

8/15/2057

200,000

178,812

CSAIL

Commercial

Mortgage

Trust

Series

2015-C3,

Class

A4,

3.72%,

8/15/2048

2,300,000

2,228,671

Series

2015-C4,

Class

C,

4.71%,

11/15/2048

108,000

101,738

Series

2017-C8,

Class

A4,

3.39%,

6/15/2050

1,000,000

923,820

Series

2018-CX11,

Class

A4,

3.77%,

4/15/2051

50,000

48,080

GS

Mortgage

Securities

Trust

Series

2016-GS2,

Class

A4,

3.05%,

5/10/2049

100,000

95,071

Series

2017-GS8,

Class

A3,

3.21%,

11/10/2050

80,000

74,763

Series

2017-GS8,

Class

A4,

3.47%,

11/10/2050

25,000

23,437

Series

2020-GC45,

Class

AAB,

2.84%,

2/13/2053

180,000

169,019

JPMBB

Commercial

Mortgage

Securities

Trust,

Series

2015-C32,

Class

A5,

3.60%,

11/15/2048

100,000

95,629

JPMCC

Commercial

Mortgage

Securities

Trust,

Series

2017-JP6,

Class

A4,

3.22%,

7/15/2050

100,000

94,311

JPMorgan

Chase

Commercial

Mortgage

Securities

Trust,

Series

2016-JP3,

Class

A4,

2.63%,

8/15/2049

1,001,299

941,521

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust,

Series

2016-C29,

Class

A4,

3.33%,

5/15/2049

150,000

143,504

Morgan

Stanley

Capital

I

Trust

Series

2016-UBS9,

Class

A4,

3.59%,

3/15/2049

50,000

48,077

Series

2017-H1,

Class

A5,

3.53%,

6/15/2050

1,700,000

1,609,058

Series

2020-L4,

Class

A3,

2.70%,

2/15/2053

100,000

88,068

Series

2021-L5,

Class

A2,

1.52%,

5/15/2054

175,000

161,453

UBS

Commercial

Mortgage

Trust

Series

2017-C7,

Class

A3,

3.42%,

12/15/2050

54,910

51,556

Series

2018-C8,

Class

A3,

3.72%,

2/15/2051

24,006

22,574

Series

2019-C16,

Class

A4,

3.60%,

4/15/2052

75,000

70,116

Wells

Fargo

Commercial

Mortgage

Trust

Series

2015-NXS1,

Class

A5,

3.15%,

5/15/2048

95,000

92,110

Series

2015-C28,

Class

A4,

3.54%,

5/15/2048

60,000

58,309

Series

2016-C34,

Class

AS,

3.48%,

6/15/2049

100,000

92,221

Series

2017-C41,

Class

A3,

3.21%,

11/15/2050

250,000

236,355

Series

2017-C41,

Class

A4,

3.47%,

11/15/2050

10,000

9,424

Series

2019-C50,

Class

A5,

3.73%,

5/15/2052

150,000

140,576

Series

2020-C55,

Class

A5,

2.73%,

2/15/2053

100,000

88,772

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Commercial

Mortgage-Backed

Securities

–

0.8%

(continued)

Wells

Fargo

Commercial

Mortgage

Trust

(continued)

Series

2016-NXS5,

Class

A5,

3.37%,

1/15/2059

50,000

47,639

Total

Commercial

Mortgage-Backed

Securities

(cost

$14,024,691)

13,824,245

Corporate

Bonds

–

25.1%

Basic

Materials

–

0.6%

Air

Products

&

Chemicals,

Inc.

2.05%,

5/15/2030

31,000

26,894

2.70%,

5/15/2040

50,000

37,431

2.80%,

5/15/2050

120,000

82,353

Albemarle

Corp.

5.45%,

12/01/2044

50,000

46,253

5.65%,

6/01/2052

35,000

32,273

ArcelorMittal

SA

4.55%,

3/11/2026

35,000

34,634

6.55%,

11/29/2027

40,000

41,919

4.25%,

7/16/2029

75,000

72,146

6.75%,

3/01/2041

200,000

209,219

Barrick

PD

Australia

Finance

Pty

Ltd.

,

5.95%

,

10/15/2039

120,000

127,300

BHP

Billiton

Finance

USA

Ltd.

5.25%,

9/08/2026

20,000

20,377

5.10%,

9/08/2028

110,000

112,579

5.25%,

9/08/2030

55,000

56,605

4.90%,

2/28/2033

35,000

35,381

5.25%,

9/08/2033

329,000

337,736

4.13%,

2/24/2042

355,000

316,855

5.00%,

9/30/2043

30,000

29,795

5.50%,

9/08/2053

140,000

148,473

Celanese

US

Holdings

LLC

6.05%,

3/15/2025

28,000

28,180

1.40%,

8/05/2026

10,000

9,106

6.17%,

7/15/2027

35,000

35,858

6.35%,

11/15/2028

20,000

20,832

6.33%,

7/15/2029

130,000

135,669

6.55%,

11/15/2030

205,000

216,768

6.70%,

11/15/2033

20,000

21,484

CF

Industries,

Inc.

5.15%,

3/15/2034

70,000

68,899

4.95%,

6/01/2043

280,000

256,412

5.38%,

3/15/2044

60,000

57,678

Dow

Chemical

Co.

(The)

7.38%,

11/01/2029

70,000

78,529

5.25%,

11/15/2041

70,000

68,008

4.38%,

11/15/2042

60,000

52,545

4.63%,

10/01/2044

250,000

226,317

6.90%,

5/15/2053

85,000

100,458

DuPont

de

Nemours,

Inc.

4.49%,

11/15/2025

390,000

387,002

4.73%,

11/15/2028

35,000

35,296

5.32%,

11/15/2038

145,000

145,805

5.42%,

11/15/2048

110,000

110,719

Eastman

Chemical

Co.

,

4.65%

,

10/15/2044

180,000

157,050

Ecolab,

Inc.

3.25%,

12/01/2027

90,000

86,378

5.25%,

1/15/2028

155,000

159,391

4.80%,

3/24/2030

35,000

35,618

1.30%,

1/30/2031

20,000

16,085

48

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Basic

Materials

–

0.6%

(continued)

Ecolab,

Inc.

(continued)

2.13%,

2/01/2032

20,000

16,736

3.95%,

12/01/2047

10,000

8,578

2.75%,

8/18/2055

60,000

39,354

EIDP,

Inc.

1.70%,

7/15/2025

190,000

181,237

4.50%,

5/15/2026

10,000

9,978

4.80%,

5/15/2033

10,000

10,022

FMC

Corp.

3.20%,

10/01/2026

90,000

85,562

3.45%,

10/01/2029

50,000

45,290

5.65%,

5/18/2033

50,000

49,723

4.50%,

10/01/2049

70,000

53,896

6.38%,

5/18/2053

30,000

30,561

Freeport-McMoRan,

Inc.

5.00%,

9/01/2027

10,000

9,893

4.38%,

8/01/2028

200,000

192,986

5.25%,

9/01/2029

150,000

150,558

4.25%,

3/01/2030

205,000

192,657

5.45%,

3/15/2043

20,000

19,217

Huntsman

International

LLC

4.50%,

5/01/2029

10,000

9,596

2.95%,

6/15/2031

50,000

41,997

International

Flavors

&

Fragrances,

Inc.

,

5.00%

,

9/26/2048

96,000

82,102

International

Paper

Co.

,

4.80%

,

6/15/2044

113,000

103,042

Linde,

Inc.

3.20%,

1/30/2026

185,000

180,198

1.10%,

8/10/2030

50,000

41,016

LYB

International

Finance

III

LLC

1.25%,

10/01/2025

23,000

21,569

5.63%,

5/15/2033

(a)

10,000

10,382

3.38%,

10/01/2040

185,000

141,730

4.20%,

5/01/2050

85,000

67,528

3.80%,

10/01/2060

204,000

144,110

LyondellBasell

Industries

NV

,

4.63%

,

2/26/2055

10,000

8,403

Mosaic

Co.

(The)

,

4.88%

,

11/15/2041

10,000

8,922

NewMarket

Corp.

,

2.70%

,

3/18/2031

25,000

21,183

Newmont

Corp.

6.25%,

10/01/2039

500,000

550,164

4.88%,

3/15/2042

35,000

33,628

Nucor

Corp.

2.00%,

6/01/2025

160,000

153,870

4.30%,

5/23/2027

10,000

9,912

3.95%,

5/01/2028

13,000

12,724

Nutrien

Ltd.

4.20%,

4/01/2029

20,000

19,570

2.95%,

5/13/2030

70,000

62,973

4.13%,

3/15/2035

100,000

92,221

PPG

Industries,

Inc.

,

1.20%

,

3/15/2026

51,000

47,323

Rio

Tinto

Alcan,

Inc.

7.25%,

3/15/2031

26,000

29,572

6.13%,

12/15/2033

100,000

109,032

Rio

Tinto

Finance

USA

PLC

5.00%,

3/09/2033

55,000

56,387

5.13%,

3/09/2053

155,000

156,110

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Basic

Materials

–

0.6%

(continued)

RPM

International,

Inc.

,

3.75%

,

3/15/2027

10,000

9,680

Sherwin-Williams

Co.

(The)

3.95%,

1/15/2026

62,000

61,028

3.45%,

6/01/2027

560,000

539,866

2.95%,

8/15/2029

25,000

22,861

2.30%,

5/15/2030

36,000

31,322

4.00%,

12/15/2042

40,000

33,434

4.50%,

6/01/2047

25,000

22,459

3.30%,

5/15/2050

75,000

54,100

Southern

Copper

Corp.

3.88%,

4/23/2025

30,000

29,440

6.75%,

4/16/2040

224,000

250,719

5.88%,

4/23/2045

25,000

25,186

Steel

Dynamics,

Inc.

3.25%,

1/15/2031

37,000

33,292

3.25%,

10/15/2050

50,000

33,972

Suzano

Austria

GmbH

6.00%,

1/15/2029

25,000

25,203

5.00%,

1/15/2030

187,000

178,496

Series

DM3N,

3.13%,

1/15/2032

170,000

139,600

Vale

Overseas

Ltd.

6.25%,

8/10/2026

200,000

204,113

3.75%,

7/08/2030

567,000

514,399

6.88%,

11/21/2036

100,000

108,302

Westlake

Corp.

3.60%,

8/15/2026

59,000

57,099

5.00%,

8/15/2046

25,000

22,586

4.38%,

11/15/2047

70,000

58,543

10,045,522

Communications

–

2.2%

Alphabet,

Inc.

0.80%,

8/15/2027

(a)

104,000

92,868

1.10%,

8/15/2030

137,000

113,219

1.90%,

8/15/2040

160,000

109,480

2.05%,

8/15/2050

285,000

172,735

2.25%,

8/15/2060

(a)

10,000

5,932

Amazon.com,

Inc.

0.80%,

6/03/2025

225,000

214,094

4.60%,

12/01/2025

45,000

45,103

1.00%,

5/12/2026

200,000

185,139

3.30%,

4/13/2027

150,000

145,463

1.20%,

6/03/2027

185,000

167,087

3.15%,

8/22/2027

280,000

269,125

4.55%,

12/01/2027

245,000

247,062

1.65%,

5/12/2028

575,000

517,353

4.65%,

12/01/2029

145,000

147,771

1.50%,

6/03/2030

117,000

98,822

2.10%,

5/12/2031

87,000

74,443

3.60%,

4/13/2032

125,000

117,743

4.80%,

12/05/2034

50,000

51,158

3.88%,

8/22/2037

100,000

92,266

2.88%,

5/12/2041

201,000

155,669

4.05%,

8/22/2047

272,000

241,832

2.50%,

6/03/2050

155,000

100,581

3.10%,

5/12/2051

227,000

165,445

3.95%,

4/13/2052

134,000

114,823

4.25%,

8/22/2057

90,000

80,028

2.70%,

6/03/2060

10,000

6,382

49

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Communications

–

2.2%

(continued)

Amazon.com,

Inc.

(continued)

3.25%,

5/12/2061

160,000

114,623

4.10%,

4/13/2062

190,000

162,978

America

Movil

SAB

de

CV

6.13%,

3/30/2040

70,000

75,786

4.38%,

7/16/2042

305,000

270,407

AT&T,

Inc.

3.88%,

1/15/2026

185,000

181,568

1.70%,

3/25/2026

150,000

140,496

2.95%,

7/15/2026

50,000

47,834

3.80%,

2/15/2027

35,000

34,109

4.25%,

3/01/2027

150,000

148,083

2.30%,

6/01/2027

95,000

88,078

1.65%,

2/01/2028

305,000

271,867

4.10%,

2/15/2028

365,000

357,067

4.30%,

2/15/2030

115,000

111,837

2.75%,

6/01/2031

61,000

52,939

2.25%,

2/01/2032

75,000

61,674

2.55%,

12/01/2033

300,000

243,492

5.40%,

2/15/2034

500,000

513,054

4.50%,

5/15/2035

185,000

174,607

5.25%,

3/01/2037

100,000

100,111

4.85%,

3/01/2039

35,000

33,352

3.50%,

6/01/2041

25,000

19,819

5.15%,

3/15/2042

139,000

134,775

3.10%,

2/01/2043

40,000

29,806

4.75%,

5/15/2046

500,000

451,347

4.50%,

3/09/2048

75,000

64,637

4.55%,

3/09/2049

50,000

43,228

5.15%,

2/15/2050

250,000

235,974

3.65%,

6/01/2051

150,000

111,581

3.30%,

2/01/2052

200,000

140,585

3.50%,

9/15/2053

445,000

316,885

3.55%,

9/15/2055

155,000

110,085

3.80%,

12/01/2057

615,000

452,821

3.65%,

9/15/2059

50,000

35,208

3.85%,

6/01/2060

205,000

150,883

Bell

Telephone

Co.

of

Canada

or

Bell

Canada

(The)

4.46%,

4/01/2048

24,000

21,307

4.30%,

7/29/2049

180,000

154,579

Booking

Holdings,

Inc.

3.65%,

3/15/2025

50,000

49,197

3.60%,

6/01/2026

70,000

68,386

3.55%,

3/15/2028

25,000

24,127

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

4.91%,

7/23/2025

210,000

208,136

6.15%,

11/10/2026

50,000

51,071

4.20%,

3/15/2028

31,000

29,795

5.05%,

3/30/2029

50,000

49,189

2.80%,

4/01/2031

506,000

418,275

2.30%,

2/01/2032

120,000

93,804

6.65%,

2/01/2034

170,000

176,829

6.38%,

10/23/2035

25,000

25,200

5.38%,

4/01/2038

20,000

18,074

3.50%,

6/01/2041

450,000

313,177

6.48%,

10/23/2045

50,000

48,005

5.13%,

7/01/2049

275,000

218,472

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Communications

–

2.2%

(continued)

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

(continued)

4.80%,

3/01/2050

130,000

98,844

3.70%,

4/01/2051

355,000

225,745

3.90%,

6/01/2052

45,000

29,467

6.83%,

10/23/2055

41,000

40,632

3.85%,

4/01/2061

100,000

60,449

4.40%,

12/01/2061

560,000

376,620

5.50%,

4/01/2063

150,000

121,631

Cisco

Systems,

Inc.

3.50%,

6/15/2025

45,000

44,382

2.95%,

2/28/2026

25,000

24,263

5.90%,

2/15/2039

100,000

110,784

5.50%,

1/15/2040

125,000

132,903

Comcast

Corp.

3.38%,

8/15/2025

235,000

230,397

2.35%,

1/15/2027

195,000

183,587

3.30%,

2/01/2027

120,000

115,840

5.35%,

11/15/2027

295,000

303,614

3.55%,

5/01/2028

140,000

134,786

4.15%,

10/15/2028

250,000

246,271

4.55%,

1/15/2029

35,000

35,054

3.40%,

4/01/2030

75,000

69,821

1.95%,

1/15/2031

172,000

144,023

1.50%,

2/15/2031

50,000

40,665

4.25%,

1/15/2033

50,000

48,006

4.65%,

2/15/2033

(a)

50,000

49,810

4.80%,

5/15/2033

(a)

15,000

15,050

4.20%,

8/15/2034

150,000

142,861

5.65%,

6/15/2035

25,000

26,594

6.95%,

8/15/2037

100,000

117,241

4.60%,

10/15/2038

25,000

24,112

3.25%,

11/01/2039

93,000

74,709

3.75%,

4/01/2040

750,000

640,037

3.97%,

11/01/2047

50,000

41,374

4.00%,

3/01/2048

250,000

207,036

4.70%,

10/15/2048

160,000

150,431

4.00%,

11/01/2049

50,000

41,054

2.80%,

1/15/2051

255,000

166,304

2.89%,

11/01/2051

160,000

105,835

5.35%,

5/15/2053

25,000

25,426

2.94%,

11/01/2056

100,000

64,602

4.95%,

10/15/2058

90,000

86,670

2.65%,

8/15/2062

50,000

29,335

2.99%,

11/01/2063

235,000

148,406

5.50%,

5/15/2064

525,000

538,805

Corning,

Inc.

5.35%,

11/15/2048

50,000

49,395

3.90%,

11/15/2049

50,000

40,063

5.85%,

11/15/2068

15,000

14,943

5.45%,

11/15/2079

65,000

62,936

Deutsche

Telekom

International

Finance

BV

8.75%,

6/15/2030

50,000

59,533

9.25%,

6/01/2032

100,000

128,886

Discovery

Communications

LLC

3.95%,

3/20/2028

275,000

262,797

3.63%,

5/15/2030

58,000

52,483

4.88%,

4/01/2043

25,000

21,140

5.20%,

9/20/2047

30,000

25,934

50

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Communications

–

2.2%

(continued)

Discovery

Communications

LLC

(continued)

4.65%,

5/15/2050

80,000

64,162

4.00%,

9/15/2055

177,000

124,393

eBay,

Inc.

1.40%,

5/10/2026

45,000

41,698

3.60%,

6/05/2027

75,000

72,528

2.70%,

3/11/2030

17,000

15,156

6.30%,

11/22/2032

10,000

10,858

4.00%,

7/15/2042

175,000

143,835

3.65%,

5/10/2051

3,000

2,269

Expedia

Group,

Inc.

4.63%,

8/01/2027

30,000

29,768

3.80%,

2/15/2028

133,000

127,461

FactSet

Research

Systems,

Inc.

,

2.90%

,

3/01/2027

90,000

84,805

Fox

Corp.

3.05%,

4/07/2025

110,000

107,290

4.71%,

1/25/2029

50,000

49,585

3.50%,

4/08/2030

115,000

105,718

6.50%,

10/13/2033

30,000

32,365

5.48%,

1/25/2039

100,000

97,551

5.58%,

1/25/2049

85,000

81,231

Grupo

Televisa

SAB

,

6.63%

,

1/15/2040

71,000

74,227

Interpublic

Group

of

Cos.,

Inc.

(The)

4.75%,

3/30/2030

20,000

19,695

3.38%,

3/01/2041

60,000

45,219

5.40%,

10/01/2048

40,000

37,503

Juniper

Networks,

Inc.

1.20%,

12/10/2025

40,000

37,231

3.75%,

8/15/2029

50,000

47,096

2.00%,

12/10/2030

10,000

8,169

Meta

Platforms,

Inc.

3.50%,

8/15/2027

70,000

67,951

4.60%,

5/15/2028

200,000

202,001

4.80%,

5/15/2030

90,000

91,576

3.85%,

8/15/2032

220,000

208,070

4.95%,

5/15/2033

(a)

30,000

30,690

4.45%,

8/15/2052

105,000

94,297

5.60%,

5/15/2053

230,000

245,107

4.65%,

8/15/2062

140,000

128,113

5.75%,

5/15/2063

225,000

243,286

Motorola

Solutions,

Inc.

4.60%,

2/23/2028

20,000

19,887

2.30%,

11/15/2030

45,000

37,899

5.60%,

6/01/2032

97,000

99,520

5.50%,

9/01/2044

22,000

21,710

Netflix,

Inc.

4.88%,

4/15/2028

250,000

252,015

6.38%,

5/15/2029

40,000

43,192

Nokia

OYJ

,

4.38%

,

6/12/2027

104,000

100,157

Omnicom

Group,

Inc.

,

2.60%

,

8/01/2031

90,000

76,620

Orange

SA

9.00%,

3/01/2031

227,000

280,461

5.38%,

1/13/2042

67,000

67,885

Paramount

Global

7.88%,

7/30/2030

40,000

43,496

4.20%,

5/19/2032

145,000

128,692

6.88%,

4/30/2036

27,000

26,783

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Communications

–

2.2%

(continued)

Paramount

Global

(continued)

5.90%,

10/15/2040

150,000

135,966

4.38%,

3/15/2043

235,000

169,799

5.85%,

9/01/2043

30,000

26,684

4.90%,

8/15/2044

125,000

98,594

4.95%,

5/19/2050

110,000

87,580

Rogers

Communications,

Inc.

2.90%,

11/15/2026

35,000

33,276

3.20%,

3/15/2027

250,000

239,107

4.50%,

3/15/2042

500,000

443,589

4.30%,

2/15/2048

160,000

132,864

4.35%,

5/01/2049

80,000

66,778

Sprint

Capital

Corp.

6.88%,

11/15/2028

60,000

64,872

8.75%,

3/15/2032

35,000

42,996

Sprint

LLC

7.63%,

2/15/2025

25,000

25,412

7.63%,

3/01/2026

56,000

58,454

TCI

Communications,

Inc.

,

7.88%

,

2/15/2026

100,000

105,836

Telefonica

Emisiones

SA

7.05%,

6/20/2036

120,000

135,695

4.90%,

3/06/2048

200,000

176,660

5.52%,

3/01/2049

130,000

124,846

Telefonica

Europe

BV

,

8.25%

,

9/15/2030

75,000

87,058

TELUS

Corp.

2.80%,

2/16/2027

30,000

28,265

3.70%,

9/15/2027

14,000

13,462

4.60%,

11/16/2048

60,000

52,806

Time

Warner

Cable

Enterprises

LLC

,

8.38%

,

7/15/2033

200,000

228,963

Time

Warner

Cable

LLC

6.55%,

5/01/2037

100,000

99,513

7.30%,

7/01/2038

110,000

115,273

6.75%,

6/15/2039

90,000

89,388

5.88%,

11/15/2040

100,000

90,505

5.50%,

9/01/2041

150,000

131,634

T-Mobile

USA,

Inc.

3.50%,

4/15/2025

500,000

490,143

1.50%,

2/15/2026

20,000

18,720

2.25%,

2/15/2026

55,000

52,191

2.63%,

4/15/2026

65,000

61,932

3.75%,

4/15/2027

285,000

276,363

2.05%,

2/15/2028

320,000

288,488

4.95%,

3/15/2028

120,000

120,906

4.80%,

7/15/2028

450,000

451,064

2.40%,

3/15/2029

100,000

89,329

3.88%,

4/15/2030

22,000

20,787

2.55%,

2/15/2031

20,000

17,139

2.88%,

2/15/2031

150,000

131,345

2.70%,

3/15/2032

109,000

92,438

5.05%,

7/15/2033

50,000

50,063

5.75%,

1/15/2034

160,000

168,562

4.38%,

4/15/2040

515,000

464,565

3.00%,

2/15/2041

85,000

63,518

4.50%,

4/15/2050

95,000

83,113

3.30%,

2/15/2051

260,000

184,912

3.40%,

10/15/2052

25,000

17,928

5.65%,

1/15/2053

205,000

211,292

5.75%,

1/15/2054

45,000

47,322

51

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Communications

–

2.2%

(continued)

T-Mobile

USA,

Inc.

(continued)

6.00%,

6/15/2054

90,000

98,300

3.60%,

11/15/2060

95,000

68,126

5.80%,

9/15/2062

25,000

26,212

TWDC

Enterprises

18

Corp.

Series

E,

4.13%,

12/01/2041

100,000

88,659

4.13%,

6/01/2044

135,000

118,469

3.00%,

7/30/2046

135,000

96,919

VeriSign,

Inc.

5.25%,

4/01/2025

120,000

119,962

4.75%,

7/15/2027

45,000

44,493

Verizon

Communications,

Inc.

3.38%,

2/15/2025

85,000

83,568

2.63%,

8/15/2026

361,000

343,756

3.00%,

3/22/2027

235,000

223,357

2.10%,

3/22/2028

225,000

203,440

4.33%,

9/21/2028

517,000

509,427

3.88%,

2/08/2029

161,000

155,528

4.02%,

12/03/2029

250,000

240,256

3.15%,

3/22/2030

50,000

45,527

1.50%,

9/18/2030

205,000

168,305

1.68%,

10/30/2030

140,000

115,000

1.75%,

1/20/2031

80,000

65,286

2.55%,

3/21/2031

175,000

150,441

2.36%,

3/15/2032

455,000

377,320

5.05%,

5/09/2033

(a)

165,000

166,716

4.50%,

8/10/2033

50,000

48,326

5.25%,

3/16/2037

100,000

103,009

4.81%,

3/15/2039

500,000

482,902

3.40%,

3/22/2041

185,000

146,261

2.85%,

9/03/2041

50,000

36,524

6.55%,

9/15/2043

260,000

298,578

4.86%,

8/21/2046

50,000

47,419

5.50%,

3/16/2047

40,000

41,602

4.52%,

9/15/2048

194,000

174,502

2.88%,

11/20/2050

150,000

99,210

3.55%,

3/22/2051

15,000

11,293

3.88%,

3/01/2052

30,000

23,917

5.01%,

8/21/2054

25,000

24,024

2.99%,

10/30/2056

210,000

136,458

3.00%,

11/20/2060

154,000

97,367

3.70%,

3/22/2061

140,000

103,899

Vodafone

Group

PLC

4.13%,

5/30/2025

138,000

136,492

4.38%,

5/30/2028

71,000

70,889

4.38%,

2/19/2043

120,000

104,801

5.25%,

5/30/2048

10,000

9,590

4.88%,

6/19/2049

185,000

166,902

4.25%,

9/17/2050

25,000

20,528

5.63%,

2/10/2053

175,000

176,208

5.13%,

6/19/2059

193,000

176,206

5.75%,

2/10/2063

55,000

55,416

Walt

Disney

Co.

(The)

3.70%,

10/15/2025

250,000

245,694

3.70%,

3/23/2027

600,000

587,062

2.00%,

9/01/2029

70,000

61,588

3.80%,

3/22/2030

100,000

96,403

2.65%,

1/13/2031

150,000

133,011

6.20%,

12/15/2034

250,000

279,862

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Communications

–

2.2%

(continued)

Walt

Disney

Co.

(The)

(continued)

6.40%,

12/15/2035

10,000

11,349

6.65%,

11/15/2037

120,000

139,875

4.63%,

3/23/2040

165,000

158,453

3.50%,

5/13/2040

75,000

62,112

4.75%,

9/15/2044

50,000

47,534

2.75%,

9/01/2049

450,000

299,505

4.70%,

3/23/2050

270,000

256,078

3.60%,

1/13/2051

105,000

82,107

Weibo

Corp.

,

3.38%

,

7/08/2030

225,000

195,300

36,846,967

Consumer,

Cyclical

–

1.7%

American

Airlines

Pass-Through

Trust

Series

2014-1,

Class

A,

3.70%,

10/01/2026

5,281

4,939

Series

2015-1,

Class

A,

3.38%,

5/01/2027

5,753

5,390

Series

2016-2,

Class

AA,

3.20%,

6/15/2028

40,470

36,951

Series

2017-1,

Class

AA,

3.65%,

2/15/2029

34,313

31,787

Series

2017-2,

Class

AA,

3.35%,

10/15/2029

158,024

144,251

American

Honda

Finance

Corp.

Series

A,

4.60%,

4/17/2025

75,000

74,788

5.00%,

5/23/2025

32,000

32,091

Series

G,

5.80%,

10/03/2025

20,000

20,335

Series

G,

5.25%,

7/07/2026

15,000

15,264

4.70%,

1/12/2028

15,000

15,151

Series

G,

5.13%,

7/07/2028

35,000

35,767

5.65%,

11/15/2028

(a)

75,000

78,371

2.25%,

1/12/2029

31,000

27,920

4.60%,

4/17/2030

100,000

99,783

Series

G,

5.85%,

10/04/2030

136,000

145,206

Aptiv

PLC

/

Aptiv

Corp.

,

4.15%

,

5/01/2052

70,000

55,388

AutoNation,

Inc.

4.50%,

10/01/2025

15,000

14,783

1.95%,

8/01/2028

45,000

38,960

AutoZone,

Inc.

3.25%,

4/15/2025

90,000

88,072

3.63%,

4/15/2025

25,000

24,579

5.05%,

7/15/2026

10,000

10,043

4.50%,

2/01/2028

19,000

18,825

6.25%,

11/01/2028

10,000

10,615

4.00%,

4/15/2030

75,000

71,743

6.55%,

11/01/2033

10,000

11,034

Best

Buy

Co.,

Inc.

,

4.45%

,

10/01/2028

(a)

308,000

306,201

Choice

Hotels

International,

Inc.

3.70%,

12/01/2029

120,000

106,476

3.70%,

1/15/2031

55,000

47,906

Costco

Wholesale

Corp.

3.00%,

5/18/2027

423,000

407,455

1.38%,

6/20/2027

70,000

63,547

Cummins,

Inc.

0.75%,

9/01/2025

60,000

56,453

2.60%,

9/01/2050

(a)

50,000

32,308

Darden

Restaurants,

Inc.

3.85%,

5/01/2027

210,000

203,628

6.30%,

10/10/2033

10,000

10,640

4.55%,

2/15/2048

20,000

16,656

52

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Cyclical

–

1.7%

(continued)

Dick's

Sporting

Goods,

Inc.

,

4.10%

,

1/15/2052

85,000

61,540

Dollar

General

Corp.

4.15%,

11/01/2025

60,000

59,094

4.63%,

11/01/2027

100,000

99,302

5.20%,

7/05/2028

10,000

10,158

3.50%,

4/03/2030

50,000

45,987

5.45%,

7/05/2033

(a)

15,000

15,251

4.13%,

4/03/2050

103,000

80,769

Dollar

Tree,

Inc.

4.00%,

5/15/2025

54,000

53,209

4.20%,

5/15/2028

50,000

48,797

3.38%,

12/01/2051

25,000

16,955

Ford

Motor

Co.

7.45%,

7/16/2031

(a)

127,000

137,798

3.25%,

2/12/2032

423,000

350,316

6.10%,

8/19/2032

(a)

100,000

99,991

Ford

Motor

Credit

Co.

LLC

3.38%,

11/13/2025

200,000

191,961

6.95%,

3/06/2026

220,000

224,947

2.70%,

8/10/2026

200,000

185,914

4.13%,

8/17/2027

200,000

189,973

6.80%,

5/12/2028

400,000

415,246

7.12%,

11/07/2033

700,000

750,492

General

Motors

Co.

6.13%,

10/01/2025

150,000

152,216

4.20%,

10/01/2027

115,000

112,334

6.80%,

10/01/2027

50,000

52,955

5.60%,

10/15/2032

750,000

760,055

6.60%,

4/01/2036

120,000

129,326

5.15%,

4/01/2038

100,000

94,558

6.75%,

4/01/2046

31,000

33,511

5.95%,

4/01/2049

(a)

108,000

106,183

General

Motors

Financial

Co.,

Inc.

3.80%,

4/07/2025

200,000

196,659

6.05%,

10/10/2025

85,000

86,213

5.25%,

3/01/2026

25,000

25,083

4.00%,

10/06/2026

225,000

219,477

4.35%,

1/17/2027

65,000

64,061

2.35%,

2/26/2027

80,000

74,001

5.00%,

4/09/2027

95,000

94,932

6.00%,

1/09/2028

122,000

125,949

5.80%,

6/23/2028

275,000

282,208

2.40%,

10/15/2028

60,000

53,331

5.85%,

4/06/2030

15,000

15,407

3.60%,

6/21/2030

50,000

45,268

2.35%,

1/08/2031

45,000

37,301

2.70%,

6/10/2031

105,000

87,678

Genuine

Parts

Co.

1.88%,

11/01/2030

25,000

20,456

2.75%,

2/01/2032

20,000

16,782

Harley-Davidson,

Inc.

,

3.50%

,

7/28/2025

45,000

43,704

Harman

International

Industries,

Inc.

,

4.15%

,

5/15/2025

232,000

228,592

Hasbro,

Inc.

3.55%,

11/19/2026

50,000

47,658

3.90%,

11/19/2029

(a)

70,000

64,898

6.35%,

3/15/2040

50,000

52,540

Home

Depot,

Inc.

(The)

2.70%,

4/15/2025

160,000

156,411

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Cyclical

–

1.7%

(continued)

Home

Depot,

Inc.

(The)

(continued)

3.35%,

9/15/2025

25,000

24,512

2.50%,

4/15/2027

20,000

18,863

2.88%,

4/15/2027

228,000

217,715

2.80%,

9/14/2027

320,000

303,783

3.90%,

12/06/2028

10,000

9,813

2.95%,

6/15/2029

125,000

116,528

2.70%,

4/15/2030

168,000

152,298

1.38%,

3/15/2031

127,000

102,735

4.50%,

9/15/2032

200,000

199,929

5.88%,

12/16/2036

350,000

387,541

4.25%,

4/01/2046

200,000

179,106

4.50%,

12/06/2048

80,000

73,638

2.38%,

3/15/2051

81,000

49,971

3.63%,

4/15/2052

145,000

114,507

3.50%,

9/15/2056

15,000

11,501

Honda

Motor

Co.

Ltd.

2.27%,

3/10/2025

300,000

291,637

2.53%,

3/10/2027

415,000

391,198

2.97%,

3/10/2032

55,000

49,341

Hyatt

Hotels

Corp.

5.38%,

4/23/2025

70,000

70,023

4.85%,

3/15/2026

50,000

49,582

5.75%,

1/30/2027

23,000

23,535

4.38%,

9/15/2028

25,000

24,323

5.75%,

4/23/2030

75,000

77,908

JetBlue

Pass-Through

Trust

,

Series

2020-1

,

Class

A

,

4.00%

,

11/15/2032

32,148

29,406

Lear

Corp.

3.50%,

5/30/2030

108,000

97,463

5.25%,

5/15/2049

45,000

41,423

Leggett

&

Platt,

Inc.

3.50%,

11/15/2027

125,000

118,573

3.50%,

11/15/2051

25,000

17,598

Lennar

Corp.

4.75%,

5/30/2025

80,000

79,580

5.25%,

6/01/2026

15,000

15,058

5.00%,

6/15/2027

135,000

135,234

4.75%,

11/29/2027

150,000

149,542

Lowe's

Cos.,

Inc.

4.00%,

4/15/2025

89,000

87,908

3.38%,

9/15/2025

80,000

78,180

3.35%,

4/01/2027

135,000

130,285

3.10%,

5/03/2027

252,000

241,306

1.70%,

9/15/2028

420,000

371,025

1.70%,

10/15/2030

40,000

33,154

2.63%,

4/01/2031

110,000

95,649

3.75%,

4/01/2032

300,000

278,468

5.00%,

4/15/2040

50,000

48,665

3.70%,

4/15/2046

433,000

343,109

4.05%,

5/03/2047

105,000

87,296

3.00%,

10/15/2050

85,000

57,549

3.50%,

4/01/2051

30,000

22,038

4.25%,

4/01/2052

500,000

420,568

4.45%,

4/01/2062

129,000

108,113

5.80%,

9/15/2062

40,000

41,682

Magna

International,

Inc.

5.98%,

3/21/2026

32,000

32,032

2.45%,

6/15/2030

20,000

17,494

53

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Cyclical

–

1.7%

(continued)

Marriott

International,

Inc.

Series

EE,

5.75%,

5/01/2025

75,000

75,567

3.75%,

10/01/2025

100,000

97,879

Series

R,

3.13%,

6/15/2026

75,000

72,079

5.45%,

9/15/2026

10,000

10,146

5.55%,

10/15/2028

15,000

15,446

Series

AA,

4.65%,

12/01/2028

50,000

49,694

Series

GG,

3.50%,

10/15/2032

150,000

133,320

Mattel,

Inc.

,

5.45%

,

11/01/2041

25,000

22,476

McDonald's

Corp.

3.38%,

5/26/2025

110,000

107,910

3.30%,

7/01/2025

61,000

59,755

3.80%,

4/01/2028

25,000

24,374

4.80%,

8/14/2028

10,000

10,140

2.63%,

9/01/2029

290,000

264,099

3.60%,

7/01/2030

118,000

111,485

4.95%,

8/14/2033

100,000

101,837

4.70%,

12/09/2035

269,000

264,689

6.30%,

3/01/2038

135,000

152,109

5.70%,

2/01/2039

17,000

18,132

4.88%,

12/09/2045

130,000

125,514

4.45%,

3/01/2047

241,000

216,909

4.45%,

9/01/2048

40,000

35,957

3.63%,

9/01/2049

105,000

82,012

4.20%,

4/01/2050

175,000

149,931

5.15%,

9/09/2052

100,000

99,532

5.45%,

8/14/2053

15,000

15,558

MDC

Holdings,

Inc.

2.50%,

1/15/2031

342,000

286,745

6.00%,

1/15/2043

40,000

40,474

3.97%,

8/06/2061

25,000

18,394

Mercedes-Benz

Finance

North

America

LLC

,

8.50%

,

1/18/2031

110,000

136,321

NIKE,

Inc.

2.40%,

3/27/2025

100,000

97,401

2.38%,

11/01/2026

464,000

440,453

2.75%,

3/27/2027

280,000

266,728

2.85%,

3/27/2030

175,000

160,426

3.25%,

3/27/2040

40,000

32,912

3.88%,

11/01/2045

50,000

43,351

3.38%,

3/27/2050

(a)

85,000

66,886

O'Reilly

Automotive,

Inc.

3.55%,

3/15/2026

25,000

24,323

5.75%,

11/20/2026

50,000

51,259

3.60%,

9/01/2027

50,000

48,159

3.90%,

6/01/2029

45,000

43,360

1.75%,

3/15/2031

20,000

16,222

PACCAR

Financial

Corp.

1.10%,

5/11/2026

40,000

37,094

Series

D,

5.20%,

11/09/2026

50,000

50,875

2.00%,

2/04/2027

10,000

9,310

Polaris,

Inc.

,

6.95%

,

3/15/2029

50,000

53,099

PulteGroup,

Inc.

5.50%,

3/01/2026

75,000

75,757

5.00%,

1/15/2027

(a)

40,000

40,255

6.00%,

2/15/2035

25,000

26,431

PVH

Corp.

,

4.63%

,

7/10/2025

50,000

49,582

Ralph

Lauren

Corp.

3.75%,

9/15/2025

50,000

48,998

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Cyclical

–

1.7%

(continued)

Ralph

Lauren

Corp.

(continued)

2.95%,

6/15/2030

110,000

99,565

Ross

Stores,

Inc.

4.60%,

4/15/2025

85,000

84,490

0.88%,

4/15/2026

15,000

13,790

Sands

China

Ltd.

2.55%,

3/08/2027

200,000

181,111

5.65%,

8/08/2028

450,000

442,990

Southwest

Airlines

Co.

5.25%,

5/04/2025

164,000

164,049

5.13%,

6/15/2027

175,000

176,215

2.63%,

2/10/2030

75,000

65,811

Starbucks

Corp.

2.00%,

3/12/2027

120,000

110,989

4.00%,

11/15/2028

43,000

42,150

3.55%,

8/15/2029

101,000

96,507

4.80%,

2/15/2033

(a)

165,000

166,470

3.75%,

12/01/2047

150,000

118,535

4.45%,

8/15/2049

40,000

35,480

3.35%,

3/12/2050

40,000

29,373

3.50%,

11/15/2050

202,000

153,287

Tapestry,

Inc.

Series

.,

4.25%,

4/01/2025

55,000

54,190

7.05%,

11/27/2025

50,000

51,158

7.00%,

11/27/2026

50,000

51,575

7.85%,

11/27/2033

50,000

53,468

Target

Corp.

2.25%,

4/15/2025

200,000

194,237

2.50%,

4/15/2026

80,000

76,977

3.38%,

4/15/2029

273,000

260,898

2.35%,

2/15/2030

40,000

35,620

4.50%,

9/15/2032

100,000

99,038

4.00%,

7/01/2042

134,000

119,241

3.90%,

11/15/2047

58,000

49,323

2.95%,

1/15/2052

20,000

13,958

4.80%,

1/15/2053

165,000

159,774

TJX

Cos.,

Inc.

(The)

2.25%,

9/15/2026

200,000

189,578

1.15%,

5/15/2028

10,000

8,766

1.60%,

5/15/2031

102,000

83,891

Toll

Brothers

Finance

Corp.

4.88%,

11/15/2025

148,000

147,102

4.88%,

3/15/2027

15,000

14,889

Toyota

Motor

Corp.

5.28%,

7/13/2026

10,000

10,166

5.12%,

7/13/2028

25,000

25,860

Toyota

Motor

Credit

Corp.

3.95%,

6/30/2025

65,000

64,301

5.60%,

9/11/2025

10,000

10,157

4.45%,

5/18/2026

15,000

14,974

5.00%,

8/14/2026

45,000

45,454

5.40%,

11/20/2026

50,000

51,088

3.20%,

1/11/2027

25,000

24,143

1.90%,

1/13/2027

50,000

46,470

3.05%,

3/22/2027

215,000

206,094

1.15%,

8/13/2027

20,000

17,925

4.55%,

9/20/2027

100,000

100,400

5.45%,

11/10/2027

520,000

537,749

54

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Cyclical

–

1.7%

(continued)

Toyota

Motor

Credit

Corp.

(continued)

4.63%,

1/12/2028

200,000

201,594

1.90%,

4/06/2028

20,000

18,118

5.25%,

9/11/2028

80,000

82,297

4.45%,

6/29/2029

70,000

69,963

5.55%,

11/20/2030

50,000

52,472

1.65%,

1/10/2031

100,000

82,578

1.90%,

9/12/2031

168,000

139,365

Tractor

Supply

Co.

,

5.25%

,

5/15/2033

15,000

15,227

United

Airlines

Pass-Through

Trust

Series

2013-1,

Class

A,

4.30%,

8/15/2025

26,416

25,735

Series

2020-1,

Class

B,

4.88%,

1/15/2026

177,920

173,717

Series

2018-1,

Class

AA,

3.50%,

3/01/2030

75,955

69,373

Series

2023-1,

Class

A,

5.80%,

1/15/2036

165,000

166,157

VF

Corp.

2.40%,

4/23/2025

150,000

144,151

2.80%,

4/23/2027

10,000

9,225

2.95%,

4/23/2030

50,000

41,974

Walmart,

Inc.

4.00%,

4/15/2026

20,000

19,847

3.05%,

7/08/2026

12,000

11,649

1.05%,

9/17/2026

65,000

59,885

5.88%,

4/05/2027

77,000

81,056

3.90%,

4/15/2028

15,000

14,850

1.50%,

9/22/2028

60,000

53,481

2.38%,

9/24/2029

3,000

2,730

4.00%,

4/15/2030

105,000

103,835

1.80%,

9/22/2031

81,000

67,896

4.10%,

4/15/2033

775,000

757,460

5.25%,

9/01/2035

70,000

74,763

3.95%,

6/28/2038

10,000

9,372

2.50%,

9/22/2041

100,000

73,075

4.05%,

6/29/2048

98,000

87,881

2.95%,

9/24/2049

200,000

145,867

2.65%,

9/22/2051

285,000

193,011

4.50%,

9/09/2052

129,000

122,619

4.50%,

4/15/2053

90,000

85,404

WarnerMedia

Holdings,

Inc.

3.64%,

3/15/2025

30,000

29,417

3.79%,

3/15/2025

10,000

9,815

6.41%,

3/15/2026

215,000

214,985

3.76%,

3/15/2027

220,000

211,313

4.05%,

3/15/2029

275,000

260,315

4.28%,

3/15/2032

35,000

32,043

5.05%,

3/15/2042

575,000

509,746

5.14%,

3/15/2052

255,000

219,440

5.39%,

3/15/2062

295,000

254,248

Whirlpool

Corp.

4.75%,

2/26/2029

(a)

145,000

143,835

4.70%,

5/14/2032

(a)

13,000

12,546

4.60%,

5/15/2050

(a)

50,000

41,195

WW

Grainger,

Inc.

,

4.20%

,

5/15/2047

90,000

79,639

29,554,943

Consumer,

Non-cyclical

–

4.4%

Abbott

Laboratories

3.88%,

9/15/2025

15,000

14,876

3.75%,

11/30/2026

95,000

93,642

1.15%,

1/30/2028

123,000

109,575

4.75%,

11/30/2036

345,000

348,667

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Abbott

Laboratories

(continued)

6.00%,

4/01/2039

25,000

28,806

4.90%,

11/30/2046

214,000

213,969

AbbVie,

Inc.

3.80%,

3/15/2025

100,000

98,779

3.60%,

5/14/2025

90,000

88,510

3.20%,

5/14/2026

75,000

72,789

2.95%,

11/21/2026

500,000

479,336

4.25%,

11/14/2028

200,000

198,850

3.20%,

11/21/2029

145,000

135,074

4.50%,

5/14/2035

100,000

97,616

4.30%,

5/14/2036

472,000

449,684

4.05%,

11/21/2039

150,000

135,765

4.40%,

11/06/2042

50,000

45,986

4.75%,

3/15/2045

125,000

118,869

4.70%,

5/14/2045

229,000

217,325

4.25%,

11/21/2049

342,000

300,374

Adventist

Health

System/West

,

3.63%

,

3/01/2049

82,000

60,068

Advocate

Health

&

Hospitals

Corp.

3.83%,

8/15/2028

50,000

48,551

Series

2020,

2.21%,

6/15/2030

15,000

12,907

Aetna,

Inc.

6.63%,

6/15/2036

50,000

55,901

4.75%,

3/15/2044

35,000

31,216

3.88%,

8/15/2047

58,000

44,933

Agilent

Technologies,

Inc.

2.75%,

9/15/2029

50,000

45,418

2.30%,

3/12/2031

47,000

40,161

Ahold

Finance

USA

LLC

,

6.88%

,

5/01/2029

25,000

27,550

AHS

Hospital

Corp.

5.02%,

7/01/2045

85,000

81,512

Series

2021,

2.78%,

7/01/2051

280,000

182,651

Allina

Health

System

,

Series

2019

,

3.89%

,

4/15/2049

15,000

12,158

Altria

Group,

Inc.

2.35%,

5/06/2025

60,000

58,022

4.40%,

2/14/2026

10,000

9,900

2.63%,

9/16/2026

31,000

29,457

3.40%,

5/06/2030

150,000

136,498

2.45%,

2/04/2032

120,000

98,168

5.80%,

2/14/2039

75,000

76,609

3.40%,

2/04/2041

215,000

158,840

4.25%,

8/09/2042

270,000

219,964

4.50%,

5/02/2043

40,000

33,858

3.88%,

9/16/2046

265,000

199,992

5.95%,

2/14/2049

180,000

180,211

4.45%,

5/06/2050

172,000

136,322

4.00%,

2/04/2061

50,000

36,358

American

University

(The)

,

Series

2019

,

3.67%

,

4/01/2049

25,000

19,621

Amgen,

Inc.

5.51%,

3/02/2026

150,000

149,997

2.60%,

8/19/2026

127,000

120,863

2.20%,

2/21/2027

60,000

55,889

5.15%,

3/02/2028

240,000

244,484

3.00%,

2/22/2029

180,000

167,866

4.05%,

8/18/2029

(a)

250,000

243,413

2.45%,

2/21/2030

(a)

25,000

22,119

55

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Amgen,

Inc.

(continued)

5.25%,

3/02/2030

197,000

201,992

2.30%,

2/25/2031

190,000

161,899

2.00%,

1/15/2032

250,000

204,844

3.35%,

2/22/2032

135,000

122,238

4.20%,

3/01/2033

286,000

271,016

5.60%,

3/02/2043

612,000

630,014

4.40%,

5/01/2045

75,000

66,069

4.56%,

6/15/2048

137,000

121,783

3.38%,

2/21/2050

200,000

146,108

4.66%,

6/15/2051

65,000

58,044

3.00%,

1/15/2052

(a)

60,000

41,204

4.20%,

2/22/2052

90,000

74,425

5.65%,

3/02/2053

134,000

138,143

2.77%,

9/01/2053

215,000

135,204

4.40%,

2/22/2062

75,000

62,073

5.75%,

3/02/2063

215,000

221,360

Anheuser-Busch

Cos.

LLC

/

Anheuser-Busch

InBev

Worldwide,

Inc.

4.70%,

2/01/2036

125,000

123,495

4.90%,

2/01/2046

1,036,000

1,007,414

Anheuser-Busch

InBev

Finance,

Inc.

,

4.90%

,

2/01/2046

25,000

24,009

Anheuser-Busch

InBev

Worldwide,

Inc.

3.50%,

6/01/2030

(a)

160,000

151,122

4.90%,

1/23/2031

(a)

75,000

76,919

4.38%,

4/15/2038

775,000

733,081

8.20%,

1/15/2039

25,000

33,333

5.45%,

1/23/2039

25,000

26,301

8.00%,

11/15/2039

25,000

32,266

4.35%,

6/01/2040

100,000

92,672

4.95%,

1/15/2042

25,000

24,768

4.50%,

6/01/2050

150,000

139,355

5.80%,

1/23/2059

545,000

598,794

Archer-Daniels-Midland

Co.

2.50%,

8/11/2026

25,000

23,552

4.54%,

3/26/2042

87,000

79,031

3.75%,

9/15/2047

25,000

19,742

Ascension

Health

Series

B,

2.53%,

11/15/2029

45,000

40,573

3.95%,

11/15/2046

26,000

22,109

4.85%,

11/15/2053

25,000

24,115

AstraZeneca

Finance

LLC

1.20%,

5/28/2026

75,000

69,518

4.88%,

3/03/2028

175,000

177,875

1.75%,

5/28/2028

110,000

98,555

AstraZeneca

PLC

3.38%,

11/16/2025

585,000

572,458

0.70%,

4/08/2026

150,000

138,338

3.13%,

6/12/2027

90,000

86,566

6.45%,

9/15/2037

125,000

145,641

4.00%,

9/18/2042

50,000

44,408

4.38%,

11/16/2045

75,000

69,008

Avery

Dennison

Corp.

,

4.88%

,

12/06/2028

30,000

30,241

Baptist

Healthcare

System

Obligated

Group

,

Series

20B

,

3.54%

,

8/15/2050

25,000

18,359

BAT

Capital

Corp.

3.22%,

9/06/2026

40,000

38,278

4.70%,

4/02/2027

20,000

19,820

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

BAT

Capital

Corp.

(continued)

3.56%,

8/15/2027

14,000

13,380

2.26%,

3/25/2028

25,000

22,436

4.39%,

8/15/2037

20,000

16,877

3.73%,

9/25/2040

50,000

36,722

4.54%,

8/15/2047

120,000

91,458

4.76%,

9/06/2049

65,000

50,994

5.28%,

4/02/2050

50,000

42,142

5.65%,

3/16/2052

200,000

177,625

7.08%,

8/02/2053

40,000

42,267

BAT

International

Finance

PLC

1.67%,

3/25/2026

30,000

27,964

5.93%,

2/02/2029

270,000

280,134

Baxalta,

Inc.

,

4.00%

,

6/23/2025

30,000

29,584

Baxter

International,

Inc.

1.92%,

2/01/2027

170,000

155,678

2.27%,

12/01/2028

30,000

26,735

2.54%,

2/01/2032

125,000

104,201

3.13%,

12/01/2051

25,000

16,750

Becton,

Dickinson

&

Co.

3.70%,

6/06/2027

135,000

130,729

4.69%,

2/13/2028

435,000

435,252

2.82%,

5/20/2030

20,000

17,869

1.96%,

2/11/2031

120,000

99,550

4.67%,

6/06/2047

85,000

78,644

3.79%,

5/20/2050

28,000

22,468

Biogen,

Inc.

4.05%,

9/15/2025

210,000

206,687

2.25%,

5/01/2030

75,000

63,893

5.20%,

9/15/2045

45,000

43,983

3.15%,

5/01/2050

175,000

119,874

BIO-RAD

Laboratories,

Inc.

3.30%,

3/15/2027

15,000

14,280

3.70%,

3/15/2032

100,000

89,837

Block

Financial

LLC

,

5.25%

,

10/01/2025

20,000

19,998

Bon

Secours

Mercy

Health,

Inc.

3.46%,

6/01/2030

20,000

18,186

Series

20-2,

2.10%,

6/01/2031

120,000

98,638

Series

20-2,

3.21%,

6/01/2050

25,000

17,571

Boston

Scientific

Corp.

1.90%,

6/01/2025

50,000

48,045

2.65%,

6/01/2030

25,000

22,248

4.70%,

3/01/2049

80,000

75,150

Bristol-Myers

Squibb

Co.

3.20%,

6/15/2026

200,000

193,918

1.13%,

11/13/2027

150,000

133,325

3.90%,

2/20/2028

100,000

98,164

1.45%,

11/13/2030

10,000

8,187

2.95%,

3/15/2032

100,000

88,166

4.13%,

6/15/2039

250,000

224,868

2.35%,

11/13/2040

20,000

13,851

3.55%,

3/15/2042

510,000

413,444

4.35%,

11/15/2047

100,000

87,456

4.55%,

2/20/2048

28,000

25,328

4.25%,

10/26/2049

265,000

226,029

2.55%,

11/13/2050

125,000

77,685

3.70%,

3/15/2052

190,000

147,525

3.90%,

3/15/2062

110,000

84,189

56

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Brown

University,

in

Providence

in

the

State

of

Rhode

Island

&

Providence

Plantations

,

Series

A

,

2.92%

,

9/01/2050

230,000

163,301

Brown-Forman

Corp.

,

3.50%

,

4/15/2025

261,000

256,456

Bunge

Ltd.

Finance

Corp.

1.63%,

8/17/2025

65,000

61,737

3.75%,

9/25/2027

109,000

105,181

California

Endowment

(The)

,

Series

2021

,

2.50%

,

4/01/2051

100,000

63,684

California

Institute

of

Technology

,

4.70%

,

11/01/2111

35,000

31,897

Campbell

Soup

Co.

2.38%,

4/24/2030

(a)

29,000

25,061

3.13%,

4/24/2050

15,000

10,084

Cardinal

Health,

Inc.

3.75%,

9/15/2025

19,000

18,594

4.60%,

3/15/2043

25,000

22,065

4.50%,

11/15/2044

110,000

95,288

4.90%,

9/15/2045

90,000

81,951

Cencora,

Inc.

3.45%,

12/15/2027

50,000

48,021

2.80%,

5/15/2030

75,000

67,181

4.30%,

12/15/2047

50,000

44,426

Centene

Corp.

4.25%,

12/15/2027

190,000

182,982

2.45%,

7/15/2028

275,000

245,231

2.50%,

3/01/2031

20,000

16,630

2.63%,

8/01/2031

165,000

136,927

Children's

Hospital

,

Series

2020

,

2.93%

,

7/15/2050

50,000

32,742

Children's

Hospital

of

Philadelphia

(The)

,

Series

2020

,

2.70%

,

7/01/2050

10,000

6,658

Cigna

Group

(The)

3.25%,

4/15/2025

150,000

146,713

4.13%,

11/15/2025

155,000

152,658

4.50%,

2/25/2026

105,000

104,177

1.25%,

3/15/2026

64,000

59,257

3.40%,

3/01/2027

105,000

101,023

3.05%,

10/15/2027

50,000

47,368

4.38%,

10/15/2028

25,000

24,658

2.40%,

3/15/2030

150,000

130,985

2.38%,

3/15/2031

322,000

273,457

5.40%,

3/15/2033

(a)

250,000

258,213

3.88%,

10/15/2047

150,000

120,259

3.40%,

3/15/2050

120,000

86,969

3.40%,

3/15/2051

125,000

90,242

City

of

Hope

(The)

,

Series

2013

,

5.62%

,

11/15/2043

135,000

135,046

Clorox

Co.

(The)

3.10%,

10/01/2027

135,000

128,054

1.80%,

5/15/2030

80,000

66,916

4.60%,

5/01/2032

75,000

74,036

Coca-Cola

Co.

(The)

1.45%,

6/01/2027

363,000

331,670

2.13%,

9/06/2029

50,000

44,739

3.45%,

3/25/2030

65,000

61,739

1.65%,

6/01/2030

200,000

169,986

2.00%,

3/05/2031

40,000

34,220

1.38%,

3/15/2031

55,000

44,842

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Coca-Cola

Co.

(The)

(continued)

2.25%,

1/05/2032

(a)

85,000

73,159

2.50%,

6/01/2040

120,000

89,374

2.60%,

6/01/2050

650,000

437,014

3.00%,

3/05/2051

30,000

21,866

2.50%,

3/15/2051

135,000

87,907

Coca-Cola

Femsa

SAB

de

CV

,

2.75%

,

1/22/2030

50,000

44,877

Colgate-Palmolive

Co.

4.60%,

3/01/2028

50,000

51,050

4.60%,

3/01/2033

35,000

35,558

3.70%,

8/01/2047

125,000

106,472

CommonSpirit

Health

6.07%,

11/01/2027

10,000

10,366

3.35%,

10/01/2029

60,000

55,513

2.78%,

10/01/2030

100,000

87,682

3.91%,

10/01/2050

145,000

113,655

Community

Health

Network,

Inc.

,

Series

20-A

,

3.10%

,

5/01/2050

65,000

44,775

ConAgra

Brands,

Inc.

4.60%,

11/01/2025

50,000

49,568

5.30%,

10/01/2026

10,000

10,102

5.40%,

11/01/2048

55,000

52,480

Constellation

Brands,

Inc.

4.40%,

11/15/2025

120,000

118,760

4.75%,

12/01/2025

40,000

39,830

4.65%,

11/15/2028

50,000

49,802

3.15%,

8/01/2029

25,000

23,029

2.25%,

8/01/2031

150,000

124,882

4.50%,

5/09/2047

105,000

91,825

5.25%,

11/15/2048

180,000

175,240

3.75%,

5/01/2050

65,000

50,350

Cottage

Health

Obligated

Group

,

Series

2020

,

3.30%

,

11/01/2049

25,000

18,084

CVS

Health

Corp.

3.88%,

7/20/2025

25,000

24,602

2.88%,

6/01/2026

72,000

68,840

3.00%,

8/15/2026

10,000

9,571

3.63%,

4/01/2027

410,000

396,612

1.30%,

8/21/2027

270,000

239,798

4.30%,

3/25/2028

23,000

22,609

3.25%,

8/15/2029

307,000

283,803

5.13%,

2/21/2030

50,000

50,510

3.75%,

4/01/2030

15,000

14,070

5.25%,

1/30/2031

200,000

203,323

1.88%,

2/28/2031

70,000

57,402

2.13%,

9/15/2031

150,000

123,516

5.25%,

2/21/2033

138,000

139,245

5.30%,

6/01/2033

1,000,000

1,013,971

4.88%,

7/20/2035

100,000

97,889

4.78%,

3/25/2038

120,000

112,571

6.13%,

9/15/2039

35,000

36,776

4.13%,

4/01/2040

20,000

16,947

5.13%,

7/20/2045

53,000

49,477

5.05%,

3/25/2048

165,000

151,743

4.25%,

4/01/2050

200,000

164,443

5.63%,

2/21/2053

260,000

257,896

5.88%,

6/01/2053

25,000

25,684

57

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Danaher

Corp.

2.60%,

10/01/2050

94,000

61,354

2.80%,

12/10/2051

95,000

63,903

DENTSPLY

SIRONA,

Inc.

,

3.25%

,

6/01/2030

50,000

44,718

DH

Europe

Finance

II

Sarl

,

3.25%

,

11/15/2039

129,000

106,022

Diageo

Capital

PLC

5.38%,

10/05/2026

200,000

204,126

5.63%,

10/05/2033

200,000

213,078

Dignity

Health

4.50%,

11/01/2042

125,000

106,027

5.27%,

11/01/2064

70,000

66,402

Duke

University

,

Series

2020

,

2.83%

,

10/01/2055

25,000

17,050

Elevance

Health,

Inc.

5.35%,

10/15/2025

40,000

40,216

1.50%,

3/15/2026

200,000

186,748

4.10%,

3/01/2028

15,000

14,709

2.88%,

9/15/2029

200,000

182,521

2.25%,

5/15/2030

125,000

107,900

2.55%,

3/15/2031

20,000

17,284

5.50%,

10/15/2032

50,000

51,877

4.75%,

2/15/2033

750,000

742,269

6.38%,

6/15/2037

10,000

11,038

4.63%,

5/15/2042

35,000

32,361

4.65%,

8/15/2044

89,000

81,696

4.38%,

12/01/2047

48,000

42,132

4.55%,

3/01/2048

133,000

119,437

3.60%,

3/15/2051

50,000

38,673

Eli

Lilly

&

Co.

5.00%,

2/27/2026

60,000

60,008

5.50%,

3/15/2027

25,000

25,895

3.10%,

5/15/2027

65,000

62,592

3.38%,

3/15/2029

165,000

158,428

2.25%,

5/15/2050

150,000

93,912

4.88%,

2/27/2053

70,000

70,315

2.50%,

9/15/2060

190,000

115,296

Emory

University

,

Series

2020

,

2.14%

,

9/01/2030

15,000

13,034

Equifax,

Inc.

2.60%,

12/15/2025

70,000

67,068

5.10%,

6/01/2028

10,000

10,111

2.35%,

9/15/2031

100,000

82,985

Estee

Lauder

Cos.,

Inc.

(The)

3.15%,

3/15/2027

15,000

14,360

4.38%,

5/15/2028

15,000

14,955

4.65%,

5/15/2033

(a)

10,000

9,940

4.38%,

6/15/2045

100,000

88,493

3.13%,

12/01/2049

60,000

42,634

5.15%,

5/15/2053

74,000

73,888

Flowers

Foods,

Inc.

,

2.40%

,

3/15/2031

65,000

54,917

Fomento

Economico

Mexicano

SAB

de

CV

,

3.50%

,

1/16/2050

140,000

106,940

GE

HealthCare

Technologies,

Inc.

5.60%,

11/15/2025

100,000

100,969

5.65%,

11/15/2027

250,000

257,813

5.86%,

3/15/2030

245,000

257,345

6.38%,

11/22/2052

50,000

57,057

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

General

Mills,

Inc.

4.00%,

4/17/2025

100,000

98,752

3.20%,

2/10/2027

25,000

23,951

4.20%,

4/17/2028

25,000

24,636

5.50%,

10/17/2028

10,000

10,323

2.88%,

4/15/2030

10,000

9,008

George

Washington

University

(The)

,

Series

2014

,

4.30%

,

9/15/2044

20,000

17,765

Georgetown

University

(The)

,

Series

B

,

4.32%

,

4/01/2049

20,000

17,463

Gilead

Sciences,

Inc.

3.50%,

2/01/2025

25,000

24,615

3.65%,

3/01/2026

85,000

83,103

2.95%,

3/01/2027

50,000

47,700

1.65%,

10/01/2030

25,000

20,873

5.25%,

10/15/2033

(a)

20,000

20,739

2.60%,

10/01/2040

1,050,000

762,989

4.80%,

4/01/2044

100,000

95,609

4.50%,

2/01/2045

35,000

31,973

4.75%,

3/01/2046

257,000

241,888

2.80%,

10/01/2050

65,000

43,896

5.55%,

10/15/2053

80,000

84,804

GlaxoSmithKline

Capital,

Inc.

3.88%,

5/15/2028

50,000

49,209

5.38%,

4/15/2034

100,000

108,507

6.38%,

5/15/2038

270,000

313,958

Global

Payments,

Inc.

2.65%,

2/15/2025

30,000

29,133

1.20%,

3/01/2026

116,000

107,154

2.15%,

1/15/2027

30,000

27,769

4.95%,

8/15/2027

25,000

25,081

3.20%,

8/15/2029

128,000

115,937

5.30%,

8/15/2029

12,000

12,067

5.40%,

8/15/2032

40,000

40,370

4.15%,

8/15/2049

65,000

51,365

5.95%,

8/15/2052

135,000

137,284

GXO

Logistics,

Inc.

1.65%,

7/15/2026

542,000

495,069

2.65%,

7/15/2031

50,000

41,393

Hackensack

Meridian

Health,

Inc.

Series

2020,

2.68%,

9/01/2041

45,000

32,052

Series

2020,

2.88%,

9/01/2050

25,000

16,677

4.50%,

7/01/2057

50,000

43,202

Haleon

US

Capital

LLC

,

3.38%

,

3/24/2029

278,000

262,491

HCA,

Inc.

5.25%,

4/15/2025

260,000

259,734

5.88%,

2/15/2026

96,000

96,912

5.25%,

6/15/2026

224,000

224,676

4.50%,

2/15/2027

131,000

129,291

5.20%,

6/01/2028

15,000

15,131

5.63%,

9/01/2028

101,000

102,887

5.88%,

2/01/2029

200,000

206,193

4.13%,

6/15/2029

150,000

143,072

3.63%,

3/15/2032

270,000

240,716

5.50%,

6/01/2033

20,000

20,311

4.38%,

3/15/2042

10,000

8,532

5.50%,

6/15/2047

95,000

91,755

5.25%,

6/15/2049

384,000

354,809

4.63%,

3/15/2052

85,000

72,098

58

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Hershey

Co.

(The)

,

3.13%

,

11/15/2049

50,000

37,224

Hormel

Foods

Corp.

1.80%,

6/11/2030

40,000

33,803

3.05%,

6/03/2051

30,000

20,750

Humana,

Inc.

4.50%,

4/01/2025

65,000

64,498

5.70%,

3/13/2026

40,000

40,017

1.35%,

2/03/2027

180,000

162,585

3.95%,

3/15/2027

50,000

48,802

5.75%,

12/01/2028

50,000

51,806

3.70%,

3/23/2029

(a)

74,000

70,310

3.13%,

8/15/2029

115,000

105,630

2.15%,

2/03/2032

105,000

84,997

5.88%,

3/01/2033

95,000

99,351

5.95%,

3/15/2034

50,000

52,646

4.80%,

3/15/2047

30,000

27,226

5.50%,

3/15/2053

141,000

141,074

Illumina,

Inc.

5.80%,

12/12/2025

115,000

116,110

2.55%,

3/23/2031

150,000

125,266

Indiana

University

Health,

Inc.

Obligated

Group

,

3.97%

,

11/01/2048

337,000

284,575

Inova

Health

System

Foundation

,

4.07%

,

5/15/2052

25,000

21,133

Integris

Baptist

Medical

Center,

Inc.

,

Series

A

,

3.88%

,

8/15/2050

25,000

18,836

IQVIA,

Inc.

,

5.70%

,

5/15/2028

(b)

250,000

254,842

J.M.

Smucker

Co.

(The)

3.50%,

3/15/2025

40,000

39,311

5.90%,

11/15/2028

15,000

15,686

2.38%,

3/15/2030

88,000

76,377

6.20%,

11/15/2033

20,000

21,637

2.75%,

9/15/2041

115,000

79,155

6.50%,

11/15/2043

15,000

16,727

6.50%,

11/15/2053

20,000

22,624

JBS

USA

Lux

SA

/

JBS

USA

Food

Co.

/

JBS

Luxembourg

Sarl

6.75%,

3/15/2034

(b)

35,000

36,863

7.25%,

11/15/2053

(b)

90,000

97,874

JBS

USA

Lux

SA

/

JBS

USA

Food

Co.

/

JBS

USA

Finance,

Inc.

2.50%,

1/15/2027

25,000

23,112

5.13%,

2/01/2028

20,000

19,819

3.00%,

2/02/2029

10,000

8,847

5.50%,

1/15/2030

100,000

97,789

3.75%,

12/01/2031

10,000

8,578

3.00%,

5/15/2032

20,000

16,278

5.75%,

4/01/2033

100,000

99,051

4.38%,

2/02/2052

210,000

155,459

Johns

Hopkins

University

,

Series

A

,

2.81%

,

1/01/2060

25,000

16,570

Johnson

&

Johnson

2.45%,

3/01/2026

160,000

153,906

2.95%,

3/03/2027

255,000

246,102

2.90%,

1/15/2028

190,000

181,671

1.30%,

9/01/2030

(a)

305,000

254,947

4.38%,

12/05/2033

50,000

50,522

3.55%,

3/01/2036

133,000

121,128

3.63%,

3/03/2037

135,000

122,384

5.95%,

8/15/2037

75,000

85,365

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Johnson

&

Johnson

(continued)

3.40%,

1/15/2038

275,000

241,474

2.10%,

9/01/2040

300,000

211,565

3.70%,

3/01/2046

350,000

299,024

3.50%,

1/15/2048

85,000

68,990

Kaiser

Foundation

Hospitals

3.15%,

5/01/2027

70,000

67,057

4.15%,

5/01/2047

115,000

100,389

Series

2021,

3.00%,

6/01/2051

5,000

3,501

Kellanova

3.25%,

4/01/2026

225,000

218,141

4.30%,

5/15/2028

77,000

75,947

2.10%,

6/01/2030

25,000

21,397

5.25%,

3/01/2033

60,000

60,947

4.50%,

4/01/2046

30,000

26,582

Kenvue,

Inc.

5.50%,

3/22/2025

15,000

15,118

5.35%,

3/22/2026

15,000

15,229

5.05%,

3/22/2028

120,000

122,796

5.00%,

3/22/2030

230,000

235,197

4.90%,

3/22/2033

215,000

219,359

5.10%,

3/22/2043

95,000

97,273

5.05%,

3/22/2053

105,000

105,737

Keurig

Dr

Pepper,

Inc.

4.42%,

5/25/2025

50,000

49,559

3.40%,

11/15/2025

61,000

59,417

2.55%,

9/15/2026

185,000

175,163

4.60%,

5/25/2028

50,000

49,959

3.95%,

4/15/2029

235,000

227,071

3.20%,

5/01/2030

28,000

25,590

4.50%,

11/15/2045

47,000

41,786

3.80%,

5/01/2050

50,000

39,203

4.50%,

4/15/2052

170,000

149,223

Kimberly-Clark

Corp.

3.05%,

8/15/2025

17,000

16,605

1.05%,

9/15/2027

45,000

40,133

3.90%,

5/04/2047

95,000

79,135

Kraft

Heinz

Foods

Co.

3.00%,

6/01/2026

125,000

120,055

3.88%,

5/15/2027

110,000

107,523

4.25%,

3/01/2031

143,000

138,230

6.88%,

1/26/2039

65,000

75,301

5.00%,

6/04/2042

65,000

61,924

5.20%,

7/15/2045

150,000

145,221

4.38%,

6/01/2046

150,000

129,974

4.88%,

10/01/2049

85,000

78,653

5.50%,

6/01/2050

15,000

15,190

Kroger

Co.

(The)

3.50%,

2/01/2026

40,000

39,001

2.65%,

10/15/2026

25,000

23,640

3.70%,

8/01/2027

124,000

120,002

1.70%,

1/15/2031

175,000

141,704

3.95%,

1/15/2050

175,000

141,041

Laboratory

Corp.

of

America

Holdings

3.60%,

2/01/2025

10,000

9,832

1.55%,

6/01/2026

110,000

101,983

2.95%,

12/01/2029

50,000

45,357

4.70%,

2/01/2045

45,000

41,469

59

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Leland

Stanford

Junior

University

(The)

3.65%,

5/01/2048

50,000

41,663

2.41%,

6/01/2050

50,000

32,343

Mass

General

Brigham,

Inc.

,

Series

2020

,

3.19%

,

7/01/2049

90,000

66,206

Massachusetts

Institute

of

Technology

3.96%,

7/01/2038

25,000

22,812

3.07%,

4/01/2052

200,000

148,972

Mayo

Clinic

,

Series

2016

,

4.13%

,

11/15/2052

70,000

61,073

McCormick

&

Co.,

Inc.

0.90%,

2/15/2026

40,000

36,918

1.85%,

2/15/2031

15,000

12,250

4.95%,

4/15/2033

10,000

9,976

McKesson

Corp.

0.90%,

12/03/2025

100,000

93,180

1.30%,

8/15/2026

70,000

64,346

4.90%,

7/15/2028

40,000

40,553

5.10%,

7/15/2033

10,000

10,219

Mead

Johnson

Nutrition

Co.

,

5.90%

,

11/01/2039

20,000

21,552

MedStar

Health,

Inc.

,

Series

20A

,

3.63%

,

8/15/2049

25,000

19,231

Medtronic,

Inc.

4.38%,

3/15/2035

350,000

341,270

4.63%,

3/15/2045

90,000

86,155

Memorial

Health

Services

,

3.45%

,

11/01/2049

50,000

36,962

Memorial

Sloan-Kettering

Cancer

Center

,

Series

2015

,

4.20%

,

7/01/2055

50,000

42,828

Merck

&

Co.,

Inc.

1.70%,

6/10/2027

30,000

27,586

4.05%,

5/17/2028

(a)

40,000

39,782

1.90%,

12/10/2028

30,000

26,904

3.40%,

3/07/2029

50,000

47,764

4.30%,

5/17/2030

75,000

74,535

1.45%,

6/24/2030

149,000

124,364

2.15%,

12/10/2031

20,000

16,893

4.50%,

5/17/2033

25,000

24,897

3.90%,

3/07/2039

120,000

108,503

4.15%,

5/18/2043

265,000

239,357

4.90%,

5/17/2044

15,000

14,931

3.70%,

2/10/2045

43,000

35,965

2.45%,

6/24/2050

175,000

111,364

2.75%,

12/10/2051

120,000

80,445

5.00%,

5/17/2053

136,000

136,228

2.90%,

12/10/2061

110,000

71,166

Molson

Coors

Beverage

Co.

3.00%,

7/15/2026

175,000

167,745

5.00%,

5/01/2042

40,000

38,354

Mondelez

International,

Inc.

1.50%,

5/04/2025

45,000

43,114

2.63%,

3/17/2027

30,000

28,330

2.75%,

4/13/2030

50,000

45,026

2.63%,

9/04/2050

130,000

85,028

Montefiore

Obligated

Group

Series

18-C,

5.25%,

11/01/2048

35,000

26,246

4.29%,

9/01/2050

100,000

62,097

Moody's

Corp.

3.25%,

1/15/2028

150,000

143,345

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Moody’s

Corp.

(continued)

4.25%,

8/08/2032

100,000

96,379

4.88%,

12/17/2048

75,000

70,583

Mount

Nittany

Medical

Center

Obligated

Group

,

Series

2022

,

3.80%

,

11/15/2052

25,000

19,541

Mount

Sinai

Hospital

Series

2017,

3.98%,

7/01/2048

20,000

16,103

Series

2019,

3.74%,

7/01/2049

135,000

100,653

Mylan,

Inc.

4.55%,

4/15/2028

60,000

58,557

5.20%,

4/15/2048

140,000

117,171

New

York

&

Presbyterian

Hospital

(The)

,

Series

2019

,

3.95%

,

8/01/2119

60,000

43,943

Northwell

Healthcare,

Inc.

3.98%,

11/01/2046

25,000

20,251

4.26%,

11/01/2047

50,000

41,710

Northwestern

University

,

4.64%

,

12/01/2044

65,000

62,637

Novant

Health,

Inc.

,

2.64%

,

11/01/2036

92,000

70,359

Novartis

Capital

Corp.

2.00%,

2/14/2027

50,000

46,941

3.10%,

5/17/2027

150,000

144,359

2.20%,

8/14/2030

105,000

92,329

4.40%,

5/06/2044

70,000

65,780

NYU

Langone

Hospitals

4.78%,

7/01/2044

75,000

70,002

Series

2020,

3.38%,

7/01/2055

100,000

72,059

Ochsner

LSU

Health

System

of

North

Louisiana

,

Series

2021

,

2.51%

,

5/15/2031

100,000

68,191

Ohiohealth

Corp.

,

Series

2020

,

3.04%

,

11/15/2050

30,000

21,577

Orlando

Health

Obligated

Group

4.09%,

10/01/2048

125,000

103,373

3.33%,

10/01/2050

200,000

144,803

PayPal

Holdings,

Inc.

2.65%,

10/01/2026

55,000

52,261

2.85%,

10/01/2029

100,000

90,875

4.40%,

6/01/2032

59,000

58,024

3.25%,

6/01/2050

150,000

109,561

5.25%,

6/01/2062

50,000

49,094

PeaceHealth

Obligated

Group

Series

2020,

1.38%,

11/15/2025

15,000

14,007

Series

2018,

4.79%,

11/15/2048

85,000

74,605

Series

2020,

3.22%,

11/15/2050

12,000

8,063

PepsiCo,

Inc.

2.25%,

3/19/2025

158,000

153,625

3.50%,

7/17/2025

25,000

24,632

5.25%,

11/10/2025

50,000

50,649

4.55%,

2/13/2026

167,000

167,303

2.85%,

2/24/2026

25,000

24,194

2.38%,

10/06/2026

16,000

15,225

5.13%,

11/10/2026

50,000

50,938

2.63%,

3/19/2027

40,000

37,969

3.00%,

10/15/2027

85,000

81,156

3.60%,

2/18/2028

65,000

63,377

7.00%,

3/01/2029

113,000

126,319

1.40%,

2/25/2031

68,000

55,395

3.50%,

3/19/2040

20,000

16,892

3.60%,

8/13/2042

25,000

20,808

60

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

PepsiCo,

Inc.

(continued)

3.45%,

10/06/2046

50,000

40,158

2.88%,

10/15/2049

305,000

217,051

2.75%,

10/21/2051

180,000

122,763

4.20%,

7/18/2052

75,000

67,273

4.65%,

2/15/2053

100,000

96,553

Pfizer

Investment

Enterprises

Pte

Ltd.

4.65%,

5/19/2025

50,000

49,881

4.45%,

5/19/2026

50,000

49,763

4.45%,

5/19/2028

490,000

488,763

4.65%,

5/19/2030

50,000

50,148

4.75%,

5/19/2033

85,000

84,956

5.11%,

5/19/2043

50,000

49,733

5.30%,

5/19/2053

850,000

860,775

5.34%,

5/19/2063

70,000

70,198

Pfizer,

Inc.

3.60%,

9/15/2028

(a)

130,000

126,218

3.45%,

3/15/2029

25,000

23,905

2.63%,

4/01/2030

50,000

45,020

1.70%,

5/28/2030

70,000

59,463

4.00%,

12/15/2036

139,000

128,977

4.10%,

9/15/2038

500,000

456,421

2.55%,

5/28/2040

125,000

90,603

5.60%,

9/15/2040

200,000

210,490

4.30%,

6/15/2043

20,000

18,132

4.13%,

12/15/2046

20,000

17,576

4.00%,

3/15/2049

25,000

21,317

Pharmacia

LLC

,

6.60%

,

12/01/2028

50,000

54,314

Philip

Morris

International,

Inc.

3.38%,

8/11/2025

10,000

9,799

2.75%,

2/25/2026

50,000

48,033

0.88%,

5/01/2026

74,000

68,009

5.13%,

11/17/2027

90,000

91,412

4.88%,

2/15/2028

365,000

367,594

3.13%,

3/02/2028

40,000

37,709

5.25%,

9/07/2028

10,000

10,244

3.38%,

8/15/2029

40,000

37,366

2.10%,

5/01/2030

100,000

85,977

5.38%,

2/15/2033

750,000

765,844

4.38%,

11/15/2041

140,000

124,365

3.88%,

8/21/2042

101,000

82,655

4.13%,

3/04/2043

90,000

75,918

4.88%,

11/15/2043

100,000

93,723

4.25%,

11/10/2044

80,000

68,743

Piedmont

Healthcare,

Inc.

Series

2032,

2.04%,

1/01/2032

50,000

40,923

2.86%,

1/01/2052

30,000

19,618

Pilgrim's

Pride

Corp.

4.25%,

4/15/2031

45,000

40,542

3.50%,

3/01/2032

300,000

253,386

6.25%,

7/01/2033

15,000

15,342

Procter

&

Gamble

Co.

(The)

2.80%,

3/25/2027

35,000

33,543

2.85%,

8/11/2027

50,000

47,829

3.00%,

3/25/2030

535,000

498,180

1.20%,

10/29/2030

413,000

339,368

1.95%,

4/23/2031

150,000

129,002

3.50%,

10/25/2047

50,000

41,573

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Providence

St.

Joseph

Health

Obligated

Group

Series

H,

2.75%,

10/01/2026

80,000

75,477

Series

19A,

2.53%,

10/01/2029

110,000

96,689

Series

I,

3.74%,

10/01/2047

133,000

100,269

Series

A,

3.93%,

10/01/2048

100,000

76,331

Quest

Diagnostics,

Inc.

3.45%,

6/01/2026

65,000

63,085

4.20%,

6/30/2029

17,000

16,641

Regeneron

Pharmaceuticals,

Inc.

1.75%,

9/15/2030

65,000

53,685

2.80%,

9/15/2050

85,000

55,103

Relx

Capital,

Inc.

,

4.00%

,

3/18/2029

145,000

141,219

Revvity,

Inc.

3.30%,

9/15/2029

50,000

45,599

2.55%,

3/15/2031

215,000

182,689

3.63%,

3/15/2051

25,000

17,699

Reynolds

American,

Inc.

5.70%,

8/15/2035

500,000

490,320

6.15%,

9/15/2043

25,000

24,701

5.85%,

8/15/2045

235,000

217,191

Rockefeller

Foundation

(The)

,

Series

2020

,

2.49%

,

10/01/2050

50,000

32,470

Royalty

Pharma

PLC

1.20%,

9/02/2025

180,000

168,812

2.20%,

9/02/2030

40,000

33,545

3.30%,

9/02/2040

200,000

150,643

3.55%,

9/02/2050

70,000

49,489

S&P

Global,

Inc.

2.45%,

3/01/2027

195,000

183,591

2.70%,

3/01/2029

180,000

165,574

4.25%,

5/01/2029

120,000

118,517

2.50%,

12/01/2029

(a)

95,000

85,233

1.25%,

8/15/2030

10,000

8,130

2.90%,

3/01/2032

50,000

43,919

5.25%,

9/15/2033

(b)

15,000

15,509

3.25%,

12/01/2049

183,000

133,629

3.90%,

3/01/2062

100,000

80,759

Seattle

Children's

Hospital

,

Series

2021

,

2.72%

,

10/01/2050

25,000

16,054

Sharp

HealthCare

,

Series

20B

,

2.68%

,

8/01/2050

45,000

28,587

Shire

Acquisitions

Investments

Ireland

DAC

,

3.20%

,

9/23/2026

205,000

197,272

Smith

&

Nephew

PLC

,

2.03%

,

10/14/2030

45,000

37,532

SSM

Health

Care

Corp.

,

4.89%

,

6/01/2028

250,000

252,483

Stanford

Health

Care

,

Series

2018

,

3.80%

,

11/15/2048

40,000

32,440

STERIS

Irish

FinCo

UnLtd.

Co.

2.70%,

3/15/2031

150,000

129,851

3.75%,

3/15/2051

30,000

22,876

Stryker

Corp.

1.15%,

6/15/2025

285,000

270,632

3.38%,

11/01/2025

265,000

258,431

4.38%,

5/15/2044

185,000

167,115

4.63%,

3/15/2046

55,000

52,186

Sutter

Health

Series

2018,

3.70%,

8/15/2028

245,000

235,200

Series

20A,

3.16%,

8/15/2040

40,000

31,467

Series

2018,

4.09%,

8/15/2048

190,000

161,857

61

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Sutter

Health

(continued)

Series

20A,

3.36%,

8/15/2050

85,000

63,555

SYSCO

Corp.

5.75%,

1/17/2029

50,000

52,180

5.95%,

4/01/2030

50,000

53,034

6.00%,

1/17/2034

50,000

53,859

4.85%,

10/01/2045

205,000

189,720

3.30%,

2/15/2050

20,000

14,550

6.60%,

4/01/2050

20,000

23,245

3.15%,

12/14/2051

100,000

69,878

Takeda

Pharmaceutical

Co.

Ltd.

,

3.03%

,

7/09/2040

125,000

96,036

Thermo

Fisher

Scientific,

Inc.

4.95%,

8/10/2026

45,000

45,552

4.80%,

11/21/2027

100,000

101,696

1.75%,

10/15/2028

125,000

111,295

4.98%,

8/10/2030

95,000

97,111

4.95%,

11/21/2032

100,000

102,216

5.09%,

8/10/2033

20,000

20,621

5.40%,

8/10/2043

95,000

99,285

4.10%,

8/15/2047

150,000

131,382

Toledo

Hospital

(The)

,

5.75%

,

11/15/2038

150,000

150,080

Trinity

Health

Corp.

Series

2021,

2.63%,

12/01/2040

45,000

32,041

4.13%,

12/01/2045

45,000

38,803

Trustees

of

Princeton

University

(The)

,

Series

2020

,

2.52%

,

7/01/2050

685,000

469,155

Tyson

Foods,

Inc.

4.00%,

3/01/2026

262,000

257,198

3.55%,

6/02/2027

275,000

263,369

4.35%,

3/01/2029

123,000

119,882

4.88%,

8/15/2034

10,000

9,683

5.15%,

8/15/2044

29,000

26,816

5.10%,

9/28/2048

105,000

94,586

Unilever

Capital

Corp.

2.00%,

7/28/2026

100,000

94,377

2.90%,

5/05/2027

160,000

152,724

4.88%,

9/08/2028

100,000

102,253

2.13%,

9/06/2029

215,000

190,190

5.00%,

12/08/2033

100,000

102,577

Series

30Y,

2.63%,

8/12/2051

65,000

43,126

UnitedHealth

Group,

Inc.

3.75%,

7/15/2025

88,000

86,842

3.10%,

3/15/2026

107,000

103,920

3.45%,

1/15/2027

20,000

19,474

3.70%,

5/15/2027

25,000

24,453

2.95%,

10/15/2027

170,000

161,171

5.25%,

2/15/2028

70,000

72,239

3.85%,

6/15/2028

25,000

24,435

3.88%,

12/15/2028

285,000

277,572

4.25%,

1/15/2029

60,000

59,487

4.00%,

5/15/2029

110,000

107,479

2.88%,

8/15/2029

25,000

22,994

2.30%,

5/15/2031

35,000

30,066

4.20%,

5/15/2032

236,000

228,535

4.50%,

4/15/2033

25,000

24,617

4.63%,

7/15/2035

146,000

145,579

5.80%,

3/15/2036

102,000

111,477

6.50%,

6/15/2037

180,000

208,391

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

UnitedHealth

Group,

Inc.

(continued)

6.88%,

2/15/2038

67,000

80,378

3.50%,

8/15/2039

400,000

338,592

5.95%,

2/15/2041

30,000

32,714

3.05%,

5/15/2041

10,000

7,776

4.63%,

11/15/2041

17,000

16,201

3.95%,

10/15/2042

50,000

43,739

4.75%,

7/15/2045

57,000

55,093

4.20%,

1/15/2047

50,000

43,892

3.75%,

10/15/2047

185,000

150,597

4.25%,

6/15/2048

38,000

33,500

4.45%,

12/15/2048

10,000

9,052

3.70%,

8/15/2049

50,000

39,891

3.25%,

5/15/2051

75,000

55,022

4.75%,

5/15/2052

185,000

175,050

5.88%,

2/15/2053

60,000

66,774

5.05%,

4/15/2053

215,000

212,914

3.88%,

8/15/2059

15,000

12,000

3.13%,

5/15/2060

30,000

20,668

4.95%,

5/15/2062

35,000

33,643

6.05%,

2/15/2063

65,000

73,850

5.20%,

4/15/2063

240,000

240,650

Universal

Health

Services,

Inc.

1.65%,

9/01/2026

133,000

121,622

2.65%,

1/15/2032

215,000

175,843

University

of

Chicago

(The)

Series

20B,

2.76%,

4/01/2045

50,000

38,705

3.00%,

10/01/2052

25,000

17,710

4.00%,

10/01/2053

50,000

42,550

University

of

Notre

Dame

du

Lac

,

Series

2015

,

3.44%

,

2/15/2045

30,000

24,443

University

of

Southern

California

,

Series

2017

,

3.84%

,

10/01/2047

75,000

63,536

UPMC

,

5.04%

,

5/15/2033

10,000

10,069

Utah

Acquisition

Sub,

Inc.

3.95%,

6/15/2026

143,000

138,866

5.25%,

6/15/2046

40,000

34,007

Verisk

Analytics,

Inc.

4.00%,

6/15/2025

150,000

147,920

5.50%,

6/15/2045

50,000

48,706

3.63%,

5/15/2050

45,000

33,310

Viatris,

Inc.

3.85%,

6/22/2040

187,000

141,499

4.00%,

6/22/2050

130,000

91,954

Washington

University

(The)

Series

2022,

3.52%,

4/15/2054

25,000

19,870

4.35%,

4/15/2122

25,000

20,601

William

Marsh

Rice

University

,

3.57%

,

5/15/2045

15,000

12,381

Willis-Knighton

Medical

Center

,

Series

2018

,

4.81%

,

9/01/2048

180,000

162,867

Wyeth

LLC

6.50%,

2/01/2034

25,000

28,252

5.95%,

4/01/2037

225,000

246,618

62

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Consumer,

Non-cyclical

–

4.4%

(continued)

Yale

University

,

Series

2020

,

2.40%

,

4/15/2050

50,000

32,830

Yale-New

Haven

Health

Services

Corp.

,

Series

2020

,

2.50%

,

7/01/2050

150,000

90,356

Zimmer

Biomet

Holdings,

Inc.

3.55%,

4/01/2025

35,000

34,361

3.05%,

1/15/2026

165,000

159,572

5.75%,

11/30/2039

35,000

35,759

4.45%,

8/15/2045

16,000

14,410

Zoetis,

Inc.

3.00%,

9/12/2027

100,000

94,865

4.70%,

2/01/2043

100,000

93,871

3.95%,

9/12/2047

60,000

49,635

4.45%,

8/20/2048

25,000

22,304

73,705,769

Energy

–

1.7%

Apache

Corp.

4.38%,

10/15/2028

100,000

94,484

4.25%,

1/15/2030

44,000

40,964

6.00%,

1/15/2037

10,000

9,908

5.10%,

9/01/2040

25,000

21,486

5.35%,

7/01/2049

76,000

63,171

Baker

Hughes

Holdings

LLC

,

5.13%

,

9/15/2040

34,000

33,776

Baker

Hughes

Holdings

LLC

/

Baker

Hughes

Co.-Obligor,

Inc.

3.34%,

12/15/2027

250,000

237,973

3.14%,

11/07/2029

115,000

106,611

4.08%,

12/15/2047

75,000

62,410

Boardwalk

Pipelines

LP

5.95%,

6/01/2026

145,000

146,782

3.40%,

2/15/2031

15,000

13,435

BP

Capital

Markets

America,

Inc.

3.80%,

9/21/2025

54,000

53,301

3.12%,

5/04/2026

86,000

83,201

3.02%,

1/16/2027

115,000

110,319

3.59%,

4/14/2027

35,000

33,991

3.94%,

9/21/2028

145,000

141,462

3.63%,

4/06/2030

10,000

9,504

1.75%,

8/10/2030

110,000

92,394

2.72%,

1/12/2032

250,000

216,143

4.81%,

2/13/2033

50,000

50,018

4.89%,

9/11/2033

25,000

25,077

3.06%,

6/17/2041

180,000

138,029

2.77%,

11/10/2050

65,000

42,890

2.94%,

6/04/2051

104,000

71,017

3.00%,

3/17/2052

75,000

51,724

3.38%,

2/08/2061

200,000

141,004

BP

Capital

Markets

PLC

3.28%,

9/19/2027

230,000

220,403

3.72%,

11/28/2028

41,000

39,586

Canadian

Natural

Resources

Ltd.

2.05%,

7/15/2025

240,000

229,641

3.85%,

6/01/2027

33,000

31,928

2.95%,

7/15/2030

186,000

164,013

7.20%,

1/15/2032

15,000

16,740

Cenovus

Energy,

Inc.

5.25%,

6/15/2037

27,000

25,798

6.75%,

11/15/2039

2,000

2,202

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Energy

–

1.7%

(continued)

Cenovus

Energy,

Inc.

(continued)

3.75%,

2/15/2052

80,000

58,680

Cheniere

Corpus

Christi

Holdings

LLC

5.88%,

3/31/2025

60,000

60,159

5.13%,

6/30/2027

95,000

95,471

2.74%,

12/31/2039

50,000

39,761

Cheniere

Energy

Partners

LP

3.25%,

1/31/2032

40,000

33,991

5.95%,

6/30/2033

(b)

25,000

25,547

Chevron

Corp.

1.55%,

5/11/2025

75,000

72,152

2.00%,

5/11/2027

275,000

255,562

2.24%,

5/11/2030

35,000

30,960

3.08%,

5/11/2050

175,000

127,741

Chevron

USA,

Inc.

0.69%,

8/12/2025

60,000

56,539

1.02%,

8/12/2027

25,000

22,272

3.25%,

10/15/2029

115,000

108,867

CNOOC

Petroleum

North

America

ULC

7.88%,

3/15/2032

50,000

60,170

5.88%,

3/10/2035

100,000

106,282

Columbia

Pipeline

Group,

Inc.

,

4.50%

,

6/01/2025

150,000

148,389

ConocoPhillips

Co.

5.05%,

9/15/2033

20,000

20,350

3.76%,

3/15/2042

550,000

460,108

3.80%,

3/15/2052

135,000

107,022

5.30%,

5/15/2053

75,000

75,624

5.55%,

3/15/2054

80,000

83,450

4.03%,

3/15/2062

195,000

154,980

5.70%,

9/15/2063

15,000

15,807

Coterra

Energy,

Inc.

3.90%,

5/15/2027

55,000

53,525

4.38%,

3/15/2029

50,000

48,715

DCP

Midstream

Operating

LP

5.63%,

7/15/2027

120,000

122,504

5.60%,

4/01/2044

50,000

49,019

Devon

Energy

Corp.

5.85%,

12/15/2025

70,000

70,721

5.25%,

10/15/2027

15,000

15,094

4.50%,

1/15/2030

250,000

240,763

5.60%,

7/15/2041

145,000

139,269

4.75%,

5/15/2042

175,000

153,037

Diamondback

Energy,

Inc.

3.25%,

12/01/2026

123,000

118,916

3.50%,

12/01/2029

71,000

65,952

6.25%,

3/15/2033

47,000

50,141

4.40%,

3/24/2051

100,000

82,121

4.25%,

3/15/2052

65,000

51,880

Eastern

Gas

Transmission

&

Storage,

Inc.

,

4.80%

,

11/01/2043

40,000

36,308

Enbridge

Energy

Partners

LP

,

5.88%

,

10/15/2025

25,000

25,264

Enbridge,

Inc.

1.60%,

10/04/2026

160,000

147,436

5.90%,

11/15/2026

200,000

205,474

4.25%,

12/01/2026

268,000

264,650

5.70%,

3/08/2033

500,000

516,483

63

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Energy

–

1.7%

(continued)

Enbridge,

Inc.

(continued)

5.50%,

12/01/2046

5,000

4,963

4.00%,

11/15/2049

200,000

158,874

Energy

Transfer

LP

5.75%,

4/01/2025

50,000

49,997

2.90%,

5/15/2025

115,000

111,595

5.95%,

12/01/2025

215,000

217,228

3.90%,

7/15/2026

85,000

82,720

6.05%,

12/01/2026

20,000

20,542

4.20%,

4/15/2027

75,000

73,142

5.50%,

6/01/2027

208,000

210,803

4.95%,

6/15/2028

25,000

24,939

6.10%,

12/01/2028

10,000

10,497

6.40%,

12/01/2030

20,000

21,342

6.55%,

12/01/2033

35,000

37,787

4.90%,

3/15/2035

98,000

92,428

Series

20Y,

5.80%,

6/15/2038

95,000

95,598

6.50%,

2/01/2042

775,000

822,253

5.95%,

10/01/2043

25,000

24,715

5.30%,

4/01/2044

100,000

92,855

5.35%,

5/15/2045

59,000

54,701

5.40%,

10/01/2047

82,000

76,360

6.25%,

4/15/2049

15,000

15,557

5.00%,

5/15/2050

125,000

111,079

ENI

USA,

Inc.

,

7.30%

,

11/15/2027

10,000

10,769

Enterprise

Products

Operating

LLC

3.95%,

2/15/2027

170,000

167,138

4.15%,

10/16/2028

70,000

68,839

2.80%,

1/31/2030

50,000

45,120

5.95%,

2/01/2041

124,000

133,210

4.85%,

8/15/2042

25,000

23,809

4.45%,

2/15/2043

40,000

36,360

4.85%,

3/15/2044

30,000

28,757

5.10%,

2/15/2045

40,000

39,071

4.25%,

2/15/2048

85,000

73,924

4.80%,

2/01/2049

506,000

477,202

4.20%,

1/31/2050

50,000

42,891

3.70%,

1/31/2051

120,000

94,380

4.95%,

10/15/2054

25,000

23,635

3.95%,

1/31/2060

10,000

7,962

EOG

Resources,

Inc.

3.15%,

4/01/2025

55,000

53,942

4.15%,

1/15/2026

260,000

257,807

4.38%,

4/15/2030

25,000

24,775

4.95%,

4/15/2050

65,000

63,161

EQT

Corp.

3.90%,

10/01/2027

70,000

67,057

7.00%,

2/01/2030

286,000

307,112

Equinor

ASA

2.88%,

4/06/2025

56,000

54,739

1.75%,

1/22/2026

110,000

104,205

3.00%,

4/06/2027

55,000

52,655

5.10%,

8/17/2040

40,000

40,599

4.25%,

11/23/2041

70,000

64,080

3.25%,

11/18/2049

180,000

133,378

3.70%,

4/06/2050

100,000

80,958

Equities

Corp.

,

5.00%

,

1/15/2029

262,000

258,951

Exxon

Mobil

Corp.

3.04%,

3/01/2026

200,000

194,468

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Energy

–

1.7%

(continued)

Exxon

Mobil

Corp.

(continued)

2.28%,

8/16/2026

215,000

204,616

3.29%,

3/19/2027

14,000

13,599

2.44%,

8/16/2029

125,000

113,351

3.48%,

3/19/2030

164,000

155,439

4.23%,

3/19/2040

129,000

118,805

4.11%,

3/01/2046

75,000

65,726

3.10%,

8/16/2049

217,000

156,805

4.33%,

3/19/2050

180,000

160,835

3.45%,

4/15/2051

388,000

298,326

Halliburton

Co.

2.92%,

3/01/2030

104,000

94,154

4.85%,

11/15/2035

148,000

146,766

7.45%,

9/15/2039

60,000

74,567

4.50%,

11/15/2041

25,000

22,646

4.75%,

8/01/2043

55,000

51,615

5.00%,

11/15/2045

10,000

9,654

Hess

Corp.

4.30%,

4/01/2027

125,000

123,428

7.88%,

10/01/2029

30,000

34,281

7.30%,

8/15/2031

25,000

28,836

7.13%,

3/15/2033

20,000

23,146

6.00%,

1/15/2040

80,000

86,589

Kinder

Morgan

Energy

Partners

LP

7.40%,

3/15/2031

165,000

184,192

7.75%,

3/15/2032

150,000

170,259

6.95%,

1/15/2038

269,000

298,056

6.38%,

3/01/2041

50,000

51,660

5.00%,

8/15/2042

35,000

31,425

5.00%,

3/01/2043

100,000

89,706

5.50%,

3/01/2044

480,000

456,430

5.40%,

9/01/2044

100,000

93,697

Kinder

Morgan,

Inc.

1.75%,

11/15/2026

170,000

156,540

2.00%,

2/15/2031

94,000

77,410

4.80%,

2/01/2033

50,000

47,920

5.55%,

6/01/2045

75,000

72,298

5.05%,

2/15/2046

25,000

22,446

3.25%,

8/01/2050

75,000

50,146

3.60%,

2/15/2051

20,000

14,202

5.45%,

8/01/2052

(a)

30,000

28,556

Magellan

Midstream

Partners

LP

5.00%,

3/01/2026

50,000

50,049

4.25%,

9/15/2046

50,000

40,209

4.20%,

10/03/2047

100,000

78,724

3.95%,

3/01/2050

200,000

151,336

Marathon

Oil

Corp.

4.40%,

7/15/2027

15,000

14,696

6.80%,

3/15/2032

50,000

54,304

6.60%,

10/01/2037

85,000

89,167

5.20%,

6/01/2045

25,000

22,144

Marathon

Petroleum

Corp.

4.70%,

5/01/2025

150,000

148,993

3.80%,

4/01/2028

88,000

84,650

6.50%,

3/01/2041

10,000

10,896

4.75%,

9/15/2044

50,000

44,992

4.50%,

4/01/2048

90,000

75,689

64

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Energy

–

1.7%

(continued)

MPLX

LP

4.88%,

6/01/2025

95,000

94,554

1.75%,

3/01/2026

15,000

14,048

4.13%,

3/01/2027

215,000

210,726

4.00%,

3/15/2028

150,000

145,248

4.95%,

9/01/2032

115,000

112,255

5.00%,

3/01/2033

50,000

48,943

5.20%,

3/01/2047

50,000

46,400

5.20%,

12/01/2047

100,000

91,153

4.70%,

4/15/2048

20,000

17,196

5.50%,

2/15/2049

70,000

67,340

4.95%,

3/14/2052

100,000

88,832

5.65%,

3/01/2053

50,000

49,123

4.90%,

4/15/2058

10,000

8,499

NOV,

Inc.

,

3.60%

,

12/01/2029

95,000

88,231

Occidental

Petroleum

Corp.

5.88%,

9/01/2025

41,000

41,305

5.50%,

12/01/2025

10,000

10,049

5.55%,

3/15/2026

40,000

40,292

8.50%,

7/15/2027

60,000

65,528

6.38%,

9/01/2028

10,000

10,509

6.63%,

9/01/2030

110,000

117,311

6.13%,

1/01/2031

35,000

36,368

7.50%,

5/01/2031

15,000

16,760

7.88%,

9/15/2031

14,000

15,938

6.45%,

9/15/2036

30,000

31,988

6.20%,

3/15/2040

190,000

194,529

6.60%,

3/15/2046

115,000

124,184

ONEOK

Partners

LP

,

6.20%

,

9/15/2043

15,000

15,698

ONEOK,

Inc.

5.85%,

1/15/2026

25,000

25,359

5.55%,

11/01/2026

270,000

274,561

4.00%,

7/13/2027

25,000

24,302

5.65%,

11/01/2028

15,000

15,467

4.35%,

3/15/2029

25,000

24,338

5.80%,

11/01/2030

111,000

115,219

6.35%,

1/15/2031

100,000

106,200

6.05%,

9/01/2033

30,000

31,485

5.20%,

7/15/2048

75,000

69,149

6.63%,

9/01/2053

285,000

313,820

Ovintiv,

Inc.

5.65%,

5/15/2025

90,000

90,419

5.38%,

1/01/2026

110,000

110,066

5.65%,

5/15/2028

10,000

10,176

7.20%,

11/01/2031

50,000

54,605

6.25%,

7/15/2033

10,000

10,413

7.10%,

7/15/2053

35,000

38,879

Patterson-UTI

Energy,

Inc.

3.95%,

2/01/2028

10,000

9,409

7.15%,

10/01/2033

10,000

10,694

Phillips

66

Co.

3.85%,

4/09/2025

75,000

73,899

3.55%,

10/01/2026

20,000

19,401

4.95%,

12/01/2027

140,000

141,083

3.90%,

3/15/2028

75,000

73,055

2.15%,

12/15/2030

20,000

16,900

4.65%,

11/15/2034

50,000

48,517

4.68%,

2/15/2045

510,000

458,973

4.90%,

10/01/2046

10,000

9,237

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Energy

–

1.7%

(continued)

Phillips

66

Co.

(continued)

3.30%,

3/15/2052

75,000

53,314

Pioneer

Natural

Resources

Co.

1.90%,

8/15/2030

100,000

85,163

2.15%,

1/15/2031

50,000

42,575

Plains

All

American

Pipeline

LP

/

PAA

Finance

Corp.

4.65%,

10/15/2025

40,000

39,691

4.50%,

12/15/2026

60,000

59,438

5.15%,

6/01/2042

40,000

36,236

4.90%,

2/15/2045

200,000

174,706

Sabine

Pass

Liquefaction

LLC

5.63%,

3/01/2025

50,000

50,084

5.88%,

6/30/2026

150,000

152,542

5.00%,

3/15/2027

325,000

325,996

4.20%,

3/15/2028

100,000

97,814

5.90%,

9/15/2037

40,000

41,885

Schlumberger

Finance

Canada

Ltd.

,

1.40%

,

9/17/2025

15,000

14,245

Schlumberger

Investment

SA

4.50%,

5/15/2028

75,000

75,115

2.65%,

6/26/2030

45,000

40,328

4.85%,

5/15/2033

10,000

10,081

Shell

International

Finance

BV

3.25%,

5/11/2025

215,000

211,223

3.88%,

11/13/2028

214,000

209,754

6.38%,

12/15/2038

50,000

57,530

4.55%,

8/12/2043

25,000

23,348

4.38%,

5/11/2045

160,000

145,813

4.00%,

5/10/2046

746,000

639,026

3.75%,

9/12/2046

35,000

28,692

3.13%,

11/07/2049

110,000

79,096

3.00%,

11/26/2051

435,000

302,692

Spectra

Energy

Partners

LP

,

4.50%

,

3/15/2045

145,000

124,371

Suncor

Energy,

Inc.

6.80%,

5/15/2038

70,000

76,766

6.50%,

6/15/2038

141,000

151,715

4.00%,

11/15/2047

80,000

63,275

3.75%,

3/04/2051

35,000

26,151

Targa

Resources

Corp.

6.15%,

3/01/2029

50,000

52,234

4.20%,

2/01/2033

15,000

13,713

6.50%,

3/30/2034

50,000

53,900

4.95%,

4/15/2052

200,000

174,634

6.50%,

2/15/2053

150,000

161,180

Targa

Resources

Partners

LP

/

Targa

Resources

Partners

Finance

Corp.

6.50%,

7/15/2027

15,000

15,260

4.88%,

2/01/2031

250,000

239,821

TC

PipeLines

LP

4.38%,

3/13/2025

200,000

197,679

3.90%,

5/25/2027

47,000

45,116

Teck

Resources

Ltd.

6.13%,

10/01/2035

150,000

156,540

6.00%,

8/15/2040

25,000

25,350

65

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Energy

–

1.7%

(continued)

Texas

Eastern

Transmission

LP

,

7.00%

,

7/15/2032

25,000

27,973

Tosco

Corp.

,

8.13%

,

2/15/2030

50,000

58,706

TotalEnergies

Capital

International

SA

3.46%,

2/19/2029

10,000

9,575

2.83%,

1/10/2030

100,000

91,645

2.99%,

6/29/2041

100,000

76,714

3.13%,

5/29/2050

75,000

54,053

TransCanada

PipeLines

Ltd.

4.88%,

1/15/2026

70,000

69,858

6.20%,

3/09/2026

66,000

66,010

4.25%,

5/15/2028

161,000

157,050

4.10%,

4/15/2030

195,000

185,852

4.63%,

3/01/2034

197,000

186,697

5.85%,

3/15/2036

50,000

51,578

4.75%,

5/15/2038

80,000

74,556

6.10%,

6/01/2040

25,000

26,186

5.00%,

10/16/2043

35,000

32,284

4.88%,

5/15/2048

75,000

68,241

5.10%,

3/15/2049

230,000

218,356

Transcontinental

Gas

Pipe

Line

Co.

LLC

7.85%,

2/01/2026

40,000

41,909

4.00%,

3/15/2028

53,000

51,526

3.25%,

5/15/2030

15,000

13,666

4.45%,

8/01/2042

35,000

31,240

Valero

Energy

Corp.

4.35%,

6/01/2028

250,000

246,944

2.80%,

12/01/2031

207,000

177,553

6.63%,

6/15/2037

26,000

28,546

3.65%,

12/01/2051

80,000

58,428

Western

Midstream

Operating

LP

4.05%,

2/01/2030

50,000

46,912

6.15%,

4/01/2033

50,000

51,611

5.50%,

8/15/2048

50,000

44,269

5.25%,

2/01/2050

60,000

53,580

Williams

Cos.,

Inc.

(The)

4.00%,

9/15/2025

120,000

118,061

5.30%,

8/15/2028

20,000

20,391

2.60%,

3/15/2031

175,000

149,600

4.65%,

8/15/2032

100,000

96,922

5.65%,

3/15/2033

10,000

10,380

6.30%,

4/15/2040

379,000

404,625

4.90%,

1/15/2045

50,000

45,462

5.10%,

9/15/2045

100,000

94,998

4.85%,

3/01/2048

85,000

76,947

3.50%,

10/15/2051

80,000

57,840

29,562,915

Financial

–

8.5%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

4.45%,

10/01/2025

350,000

344,354

2.45%,

10/29/2026

200,000

185,501

6.10%,

1/15/2027

150,000

153,284

4.63%,

10/15/2027

210,000

205,779

6.15%,

9/30/2030

270,000

281,344

3.40%,

10/29/2033

50,000

42,208

Affiliated

Managers

Group,

Inc.

3.50%,

8/01/2025

75,000

73,106

3.30%,

6/15/2030

67,000

59,924

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Aflac,

Inc.

,

4.75%

,

1/15/2049

110,000

103,753

Agree

LP

,

2.00%

,

6/15/2028

140,000

122,689

Air

Lease

Corp.

3.38%,

7/01/2025

20,000

19,419

Series

G,

3.75%,

6/01/2026

200,000

193,641

1.88%,

8/15/2026

200,000

184,114

2.20%,

1/15/2027

25,000

22,947

3.63%,

12/01/2027

173,000

163,887

2.10%,

9/01/2028

25,000

21,910

3.25%,

10/01/2029

25,000

22,606

3.00%,

2/01/2030

45,000

39,604

3.13%,

12/01/2030

402,000

350,032

2.88%,

1/15/2032

23,000

19,453

Aircastle

Ltd.

,

4.25%

,

6/15/2026

408,000

396,184

Alexandria

Real

Estate

Equities,

Inc.

3.45%,

4/30/2025

35,000

34,271

3.95%,

1/15/2027

50,000

48,618

4.90%,

12/15/2030

20,000

19,810

3.38%,

8/15/2031

40,000

35,805

1.88%,

2/01/2033

100,000

77,039

3.00%,

5/18/2051

92,000

59,890

Alleghany

Corp.

,

3.63%

,

5/15/2030

57,000

54,426

Allied

World

Assurance

Co.

Holdings

Ltd.

,

4.35%

,

10/29/2025

34,000

33,219

Allstate

Corp.

(The)

0.75%,

12/15/2025

35,000

32,456

5.25%,

3/30/2033

156,000

158,754

4.50%,

6/15/2043

50,000

45,008

Ally

Financial,

Inc.

4.75%,

6/09/2027

30,000

29,196

6.99%,

6/13/2029

15,000

15,513

8.00%,

11/01/2031

40,000

44,279

8.00%,

11/01/2031

220,000

242,663

American

Express

Co.

2.25%,

3/04/2025

131,000

126,934

3.95%,

8/01/2025

115,000

113,322

4.20%,

11/06/2025

25,000

24,795

4.90%,

2/13/2026

395,000

396,514

3.13%,

5/20/2026

100,000

96,568

1.65%,

11/04/2026

114,000

105,035

2.55%,

3/04/2027

438,000

410,552

3.30%,

5/03/2027

200,000

191,368

5.28%,

7/27/2029

40,000

40,710

4.42%,

8/03/2033

95,000

91,074

5.04%,

5/01/2034

160,000

160,212

5.63%,

7/28/2034

45,000

46,151

4.05%,

12/03/2042

135,000

120,270

American

Financial

Group,

Inc.

,

4.50%

,

6/15/2047

50,000

41,862

American

Homes

4

Rent

LP

3.63%,

4/15/2032

29,000

25,831

3.38%,

7/15/2051

20,000

13,609

American

International

Group,

Inc.

4.20%,

4/01/2028

25,000

24,510

3.40%,

6/30/2030

25,000

23,061

American

Tower

Corp.

2.40%,

3/15/2025

100,000

96,926

1.30%,

9/15/2025

55,000

51,805

1.60%,

4/15/2026

31,000

28,822

66

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

American

Tower

Corp.

(continued)

3.38%,

10/15/2026

25,000

24,010

3.65%,

3/15/2027

10,000

9,649

5.50%,

3/15/2028

50,000

51,074

5.25%,

7/15/2028

65,000

65,875

5.80%,

11/15/2028

15,000

15,543

3.95%,

3/15/2029

596,000

569,467

3.80%,

8/15/2029

50,000

47,203

2.90%,

1/15/2030

75,000

66,746

2.10%,

6/15/2030

25,000

20,989

1.88%,

10/15/2030

25,000

20,483

2.70%,

4/15/2031

35,000

29,955

2.30%,

9/15/2031

25,000

20,644

5.55%,

7/15/2033

95,000

97,412

5.90%,

11/15/2033

39,000

41,025

3.70%,

10/15/2049

10,000

7,534

3.10%,

6/15/2050

95,000

64,432

2.95%,

1/15/2051

65,000

42,664

Ameriprise

Financial,

Inc.

3.00%,

4/02/2025

205,000

200,334

5.70%,

12/15/2028

50,000

52,355

AON

Corp.

3.75%,

5/02/2029

175,000

167,790

2.80%,

5/15/2030

55,000

48,805

AON

Corp.

/

AON

Global

Holdings

PLC

2.85%,

5/28/2027

20,000

18,892

5.00%,

9/12/2032

30,000

30,001

5.35%,

2/28/2033

60,000

61,284

2.90%,

8/23/2051

200,000

128,824

AON

Global

Ltd.

,

3.88%

,

12/15/2025

45,000

44,168

Apollo

Global

Management,

Inc.

,

6.38%

,

11/15/2033

50,000

54,362

Arch

Capital

Group

Ltd.

7.35%,

5/01/2034

100,000

114,591

3.64%,

6/30/2050

45,000

34,243

Ares

Capital

Corp.

3.25%,

7/15/2025

222,000

213,859

3.88%,

1/15/2026

110,000

105,754

Ares

Management

Corp.

,

6.38%

,

11/10/2028

50,000

52,802

Arthur

J

Gallagher

&

Co.

3.50%,

5/20/2051

10,000

7,238

3.05%,

3/09/2052

200,000

131,077

5.75%,

3/02/2053

60,000

60,992

Assurant,

Inc.

4.90%,

3/27/2028

30,000

29,540

3.70%,

2/22/2030

155,000

139,803

Assured

Guaranty

US

Holdings,

Inc.

,

3.60%

,

9/15/2051

50,000

35,759

Athene

Holding

Ltd.

4.13%,

1/12/2028

164,000

158,118

3.95%,

5/25/2051

30,000

22,567

3.45%,

5/15/2052

50,000

33,664

AvalonBay

Communities,

Inc.

2.30%,

3/01/2030

10,000

8,730

2.45%,

1/15/2031

20,000

17,268

5.00%,

2/15/2033

50,000

50,511

5.30%,

12/07/2033

300,000

308,287

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

AXIS

Specialty

Finance

LLC

,

3.90%

,

7/15/2029

15,000

14,244

AXIS

Specialty

Finance

PLC

,

4.00%

,

12/06/2027

15,000

14,477

Bain

Capital

Specialty

Finance,

Inc.

2.95%,

3/10/2026

65,000

60,737

2.55%,

10/13/2026

55,000

49,906

Banco

Bilbao

Vizcaya

Argentaria

SA

,

5.86%

,

9/14/2026

200,000

201,147

Banco

Santander

SA

1.85%,

3/25/2026

200,000

186,346

4.25%,

4/11/2027

200,000

194,140

5.29%,

8/18/2027

368,000

368,459

1.72%,

9/14/2027

200,000

181,381

4.38%,

4/12/2028

200,000

193,322

5.59%,

8/08/2028

400,000

407,020

3.31%,

6/27/2029

200,000

183,298

2.75%,

12/03/2030

250,800

206,861

Bank

of

America

Corp.

2.02%,

2/13/2026

155,000

149,485

4.45%,

3/03/2026

50,000

49,550

3.50%,

4/19/2026

45,000

43,854

1.32%,

6/19/2026

80,000

75,700

4.83%,

7/22/2026

225,000

223,827

4.25%,

10/22/2026

375,000

369,728

5.08%,

1/20/2027

295,000

294,912

Series

N,

1.66%,

3/11/2027

470,000

437,417

3.56%,

4/23/2027

242,000

233,783

1.73%,

7/22/2027

220,000

202,781

5.93%,

9/15/2027

30,000

30,635

3.25%,

10/21/2027

100,000

95,451

Series

L,

4.18%,

11/25/2027

205,000

199,948

3.71%,

4/24/2028

143,000

137,422

3.59%,

7/21/2028

150,000

143,035

4.95%,

7/22/2028

100,000

100,130

6.20%,

11/10/2028

319,000

333,177

5.20%,

4/25/2029

130,000

130,955

2.09%,

6/14/2029

125,000

110,703

4.27%,

7/23/2029

54,000

52,311

5.82%,

9/15/2029

200,000

206,757

3.97%,

2/07/2030

436,000

415,979

3.19%,

7/23/2030

150,000

136,441

2.88%,

10/22/2030

240,000

213,738

2.50%,

2/13/2031

300,000

259,114

2.59%,

4/29/2031

225,000

194,770

1.90%,

7/23/2031

200,000

164,787

1.92%,

10/24/2031

65,000

53,203

Series

N,

2.65%,

3/11/2032

300,000

254,742

2.69%,

4/22/2032

110,000

93,394

2.30%,

7/21/2032

200,000

164,026

2.57%,

10/20/2032

430,000

357,908

2.97%,

2/04/2033

265,000

226,107

4.57%,

4/27/2033

255,000

243,656

5.02%,

7/22/2033

220,000

218,223

5.29%,

4/25/2034

375,000

376,397

5.87%,

9/15/2034

275,000

287,836

5.47%,

1/23/2035

200,000

203,964

2.48%,

9/21/2036

274,000

219,811

6.11%,

1/29/2037

111,000

119,779

4.24%,

4/24/2038

50,000

45,505

67

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Bank

of

America

Corp.

(continued)

4.08%,

4/23/2040

50,000

44,252

2.68%,

6/19/2041

180,000

129,975

3.31%,

4/22/2042

1,000,000

786,449

5.00%,

1/21/2044

150,000

147,369

4.44%,

1/20/2048

50,000

44,762

4.33%,

3/15/2050

130,000

114,433

4.08%,

3/20/2051

160,000

133,001

Series

N,

3.48%,

3/13/2052

104,000

78,862

2.97%,

7/21/2052

500,000

343,074

Bank

of

America

NA

5.65%,

8/18/2025

250,000

253,257

5.53%,

8/18/2026

315,000

320,890

Bank

of

Montreal

1.85%,

5/01/2025

124,000

119,398

3.70%,

6/07/2025

45,000

44,220

5.92%,

9/25/2025

25,000

25,406

1.25%,

9/15/2026

66,000

60,344

0.95%,

1/22/2027

120,000

110,880

2.65%,

3/08/2027

104,000

98,035

5.20%,

2/01/2028

10,000

10,158

5.72%,

9/25/2028

200,000

207,543

Bank

of

Nova

Scotia

(The)

3.45%,

4/11/2025

55,000

53,953

1.30%,

6/11/2025

30,000

28,560

5.45%,

6/12/2025

80,000

80,452

4.50%,

12/16/2025

20,000

19,722

1.35%,

6/24/2026

185,000

170,763

1.30%,

9/15/2026

297,000

271,993

1.95%,

2/02/2027

255,000

235,925

2.95%,

3/11/2027

110,000

104,422

5.25%,

6/12/2028

(a)

240,000

244,450

4.85%,

2/01/2030

135,000

134,588

BankUnited,

Inc.

,

4.88%

,

11/17/2025

55,000

54,179

Barclays

PLC

5.83%,

5/09/2027

200,000

201,671

6.50%,

9/13/2027

200,000

205,637

2.28%,

11/24/2027

280,000

257,578

4.84%,

5/09/2028

564,000

548,451

5.50%,

8/09/2028

225,000

226,021

6.49%,

9/13/2029

200,000

208,846

2.67%,

3/10/2032

50,000

41,234

7.44%,

11/02/2033

310,000

345,636

6.22%,

5/09/2034

270,000

278,128

5.25%,

8/17/2045

120,000

118,361

Berkshire

Hathaway

Finance

Corp.

2.88%,

3/15/2032

750,000

668,465

4.40%,

5/15/2042

25,000

23,935

4.20%,

8/15/2048

127,000

114,652

4.25%,

1/15/2049

402,000

366,946

BGC

Group,

Inc.

,

8.00%

,

5/25/2028

30,000

31,723

BlackRock,

Inc.

3.20%,

3/15/2027

169,000

163,310

2.40%,

4/30/2030

50,000

44,173

Blackstone

Private

Credit

Fund

7.05%,

9/29/2025

150,000

152,718

2.63%,

12/15/2026

35,000

31,783

3.25%,

3/15/2027

28,000

25,722

7.30%,

11/27/2028

(b)

50,000

52,153

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Blackstone

Secured

Lending

Fund

2.75%,

9/16/2026

186,000

171,347

2.13%,

2/15/2027

50,000

44,927

Blue

Owl

Capital

Corp.

3.75%,

7/22/2025

170,000

164,263

4.25%,

1/15/2026

200,000

193,074

Blue

Owl

Capital

Corp.

II

,

8.45%

,

11/15/2026

(b)

50,000

51,749

Blue

Owl

Capital

Corp.

III

,

3.13%

,

4/13/2027

85,000

76,886

Blue

Owl

Credit

Income

Corp.

3.13%,

9/23/2026

57,000

52,271

4.70%,

2/08/2027

50,000

47,710

7.95%,

6/13/2028

(b)

10,000

10,486

Blue

Owl

Technology

Finance

Corp.

,

2.50%

,

1/15/2027

50,000

43,985

Boston

Properties

LP

3.65%,

2/01/2026

164,000

158,311

4.50%,

12/01/2028

75,000

71,613

3.40%,

6/21/2029

52,000

46,622

2.90%,

3/15/2030

50,000

43,014

3.25%,

1/30/2031

426,000

366,123

2.55%,

4/01/2032

247,000

196,655

6.50%,

1/15/2034

15,000

15,682

BPCE

SA

,

3.38%

,

12/02/2026

250,000

241,543

Brighthouse

Financial,

Inc.

5.63%,

5/15/2030

70,000

70,804

3.85%,

12/22/2051

195,000

131,230

Brixmor

Operating

Partnership

LP

,

2.50%

,

8/16/2031

190,000

158,146

Broadstone

NET

Lease

LLC

,

2.60%

,

9/15/2031

30,000

23,616

Brookfield

Capital

Finance

LLC

,

6.09%

,

6/14/2033

10,000

10,492

Brookfield

Finance

LLC

/

Brookfield

Finance,

Inc.

,

3.45%

,

4/15/2050

280,000

196,609

Brookfield

Finance,

Inc.

3.90%,

1/25/2028

204,000

197,392

4.85%,

3/29/2029

194,000

193,152

Brown

&

Brown,

Inc.

4.50%,

3/15/2029

50,000

49,172

2.38%,

3/15/2031

50,000

41,422

4.95%,

3/17/2052

30,000

26,752

Camden

Property

Trust

5.85%,

11/03/2026

50,000

51,454

4.10%,

10/15/2028

40,000

38,870

2.80%,

5/15/2030

100,000

89,366

3.35%,

11/01/2049

35,000

25,474

Canadian

Imperial

Bank

of

Commerce

3.30%,

4/07/2025

100,000

97,996

5.62%,

7/17/2026

12,000

12,230

3.45%,

4/07/2027

126,000

121,479

5.00%,

4/28/2028

126,000

126,881

5.99%,

10/03/2028

(a)

55,000

57,557

Capital

One

Financial

Corp.

3.20%,

2/05/2025

20,000

19,598

4.25%,

4/30/2025

(a)

635,000

628,085

4.20%,

10/29/2025

100,000

98,308

4.99%,

7/24/2026

90,000

89,501

3.75%,

7/28/2026

160,000

154,192

68

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Capital

One

Financial

Corp.

(continued)

3.75%,

3/09/2027

200,000

192,057

3.65%,

5/11/2027

120,000

114,858

1.88%,

11/02/2027

115,000

104,542

3.80%,

1/31/2028

190,000

181,267

6.31%,

6/08/2029

30,000

30,917

2.36%,

7/29/2032

100,000

75,503

5.27%,

5/10/2033

30,000

29,227

5.82%,

2/01/2034

250,000

249,237

6.38%,

6/08/2034

30,000

31,191

CBOE

Global

Markets,

Inc.

,

1.63%

,

12/15/2030

95,000

78,003

CBRE

Services,

Inc.

4.88%,

3/01/2026

125,000

124,472

5.95%,

8/15/2034

15,000

15,502

Charles

Schwab

Corp.

(The)

3.00%,

3/10/2025

50,000

48,844

4.20%,

3/24/2025

133,000

131,860

3.63%,

4/01/2025

91,000

89,405

3.85%,

5/21/2025

30,000

29,533

0.90%,

3/11/2026

95,000

87,454

1.15%,

5/13/2026

25,000

22,996

5.88%,

8/24/2026

20,000

20,476

2.45%,

3/03/2027

90,000

84,042

2.00%,

3/20/2028

10,000

8,940

4.00%,

2/01/2029

90,000

87,399

5.64%,

5/19/2029

20,000

20,460

2.75%,

10/01/2029

159,000

143,690

6.20%,

11/17/2029

50,000

52,262

2.30%,

5/13/2031

50,000

41,705

5.85%,

5/19/2034

165,000

170,731

6.14%,

8/24/2034

25,000

26,389

Chubb

INA

Holdings,

Inc.

3.35%,

5/03/2026

15,000

14,573

1.38%,

9/15/2030

125,000

102,770

4.35%,

11/03/2045

500,000

461,800

CI

Financial

Corp.

3.20%,

12/17/2030

215,000

173,040

4.10%,

6/15/2051

35,000

21,268

Cincinnati

Financial

Corp.

,

6.92%

,

5/15/2028

100,000

108,677

Citigroup,

Inc.

4.40%,

6/10/2025

200,000

197,818

5.50%,

9/13/2025

75,000

75,466

4.60%,

3/09/2026

200,000

198,441

3.29%,

3/17/2026

100,000

97,694

3.11%,

4/08/2026

80,000

77,979

3.40%,

5/01/2026

200,000

193,662

3.20%,

10/21/2026

175,000

167,417

4.30%,

11/20/2026

200,000

196,649

1.12%,

1/28/2027

200,000

184,737

1.46%,

6/09/2027

115,000

105,628

4.45%,

9/29/2027

435,000

426,115

3.89%,

1/10/2028

140,000

135,973

3.07%,

2/24/2028

850,000

803,932

4.13%,

7/25/2028

122,000

117,784

3.52%,

10/27/2028

155,000

147,159

3.98%,

3/20/2030

144,000

137,156

2.98%,

11/05/2030

418,000

374,715

2.67%,

1/29/2031

200,000

174,320

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Citigroup,

Inc.

(continued)

4.41%,

3/31/2031

270,000

259,718

2.57%,

6/03/2031

410,000

353,079

6.63%,

6/15/2032

145,000

158,378

2.52%,

11/03/2032

135,000

111,648

3.06%,

1/25/2033

370,000

316,133

5.88%,

2/22/2033

40,000

41,766

3.79%,

3/17/2033

225,000

203,061

4.91%,

5/24/2033

180,000

176,027

6.27%,

11/17/2033

(a)

45,000

48,317

6.17%,

5/25/2034

245,000

254,224

8.13%,

7/15/2039

125,000

162,459

5.88%,

1/30/2042

55,000

59,264

2.90%,

11/03/2042

150,000

109,451

5.30%,

5/06/2044

190,000

184,830

4.65%,

7/30/2045

210,000

193,595

4.75%,

5/18/2046

15,000

13,494

4.65%,

7/23/2048

30,000

27,706

Citizens

Financial

Group,

Inc.

4.30%,

12/03/2025

20,000

19,619

2.85%,

7/27/2026

205,000

192,788

2.50%,

2/06/2030

50,000

42,184

3.25%,

4/30/2030

150,000

132,468

5.64%,

5/21/2037

150,000

141,580

CME

Group,

Inc.

3.00%,

3/15/2025

262,000

256,740

3.75%,

6/15/2028

15,000

14,638

5.30%,

9/15/2043

75,000

77,628

CNA

Financial

Corp.

3.45%,

8/15/2027

10,000

9,583

2.05%,

8/15/2030

50,000

41,977

CNO

Financial

Group,

Inc.

,

5.25%

,

5/30/2025

250,000

249,541

Commonwealth

Bank

of

Australia

5.50%,

9/12/2025

270,000

273,158

5.32%,

3/13/2026

250,000

253,281

Cooperatieve

Rabobank

UA

3.38%,

5/21/2025

425,000

417,593

3.75%,

7/21/2026

250,000

240,744

5.75%,

12/01/2043

320,000

330,342

5.25%,

8/04/2045

120,000

118,826

Corebridge

Financial,

Inc.

3.50%,

4/04/2025

15,000

14,675

3.65%,

4/05/2027

220,000

211,229

3.90%,

4/05/2032

20,000

18,038

6.05%,

9/15/2033

(b)

102,000

106,889

4.35%,

4/05/2042

10,000

8,528

4.40%,

4/05/2052

95,000

79,434

Corporate

Office

Properties

LP

,

2.00%

,

1/15/2029

52,000

43,663

Credit

Suisse

AG

,

2.95%

,

4/09/2025

360,000

350,140

Crown

Castle,

Inc.

1.35%,

7/15/2025

50,000

47,331

4.45%,

2/15/2026

25,000

24,686

3.70%,

6/15/2026

175,000

169,468

1.05%,

7/15/2026

48,000

43,557

4.80%,

9/01/2028

10,000

9,866

4.30%,

2/15/2029

140,000

134,385

3.10%,

11/15/2029

156,000

139,724

2.25%,

1/15/2031

285,000

235,175

69

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Crown

Castle,

Inc.

(continued)

5.10%,

5/01/2033

127,000

125,261

4.00%,

11/15/2049

150,000

117,529

4.15%,

7/01/2050

15,000

12,125

3.25%,

1/15/2051

130,000

90,593

Cubesmart

LP

,

3.13%

,

9/01/2026

100,000

95,042

Deutsche

Bank

AG

4.10%,

1/13/2026

51,000

49,914

2.31%,

11/16/2027

200,000

182,952

2.55%,

1/07/2028

200,000

183,735

3.55%,

9/18/2031

245,000

215,692

3.73%,

1/14/2032

200,000

167,767

3.74%,

1/07/2033

200,000

163,191

Digital

Realty

Trust

LP

3.70%,

8/15/2027

435,000

420,394

4.45%,

7/15/2028

95,000

93,131

3.60%,

7/01/2029

(a)

59,000

55,286

Discover

Financial

Services

4.10%,

2/09/2027

135,000

129,808

6.70%,

11/29/2032

35,000

36,621

Eaton

Vance

Corp.

,

3.50%

,

4/06/2027

197,000

189,170

EPR

Properties

,

4.50%

,

6/01/2027

50,000

47,583

Equinix,

Inc.

1.25%,

7/15/2025

275,000

260,060

1.00%,

9/15/2025

80,000

74,945

1.45%,

5/15/2026

135,000

125,132

2.90%,

11/18/2026

29,000

27,543

2.50%,

5/15/2031

122,000

103,625

3.90%,

4/15/2032

50,000

46,259

3.00%,

7/15/2050

249,000

166,554

2.95%,

9/15/2051

55,000

36,168

3.40%,

2/15/2052

70,000

50,355

Equitable

Holdings,

Inc.

4.35%,

4/20/2028

175,000

170,319

5.00%,

4/20/2048

195,000

182,062

ERP

Operating

LP

3.38%,

6/01/2025

75,000

73,363

4.15%,

12/01/2028

200,000

195,873

4.50%,

7/01/2044

70,000

62,497

4.00%,

8/01/2047

50,000

39,442

Essex

Portfolio

LP

2.65%,

3/15/2032

600,000

501,335

2.65%,

9/01/2050

50,000

29,768

Everest

Reinsurance

Holdings,

Inc.

,

3.13%

,

10/15/2052

55,000

36,746

Extra

Space

Storage

LP

3.50%,

7/01/2026

72,000

69,453

4.00%,

6/15/2029

125,000

118,466

5.50%,

7/01/2030

10,000

10,200

2.35%,

3/15/2032

70,000

56,629

Fairfax

Financial

Holdings

Ltd.

4.63%,

4/29/2030

25,000

24,094

6.00%,

12/07/2033

(b)

200,000

205,732

Federal

Realty

OP

LP

3.20%,

6/15/2029

76,000

69,054

4.50%,

12/01/2044

40,000

33,593

Fidelity

National

Financial,

Inc.

4.50%,

8/15/2028

74,000

72,011

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Fidelity

National

Financial,

Inc.

(continued)

3.40%,

6/15/2030

135,000

120,504

2.45%,

3/15/2031

140,000

114,950

Fifth

Third

Bancorp

4.06%,

4/25/2028

150,000

143,520

6.36%,

10/27/2028

30,000

30,998

4.77%,

7/28/2030

55,000

53,535

4.34%,

4/25/2033

60,000

55,457

Fifth

Third

Bank

NA

,

2.25%

,

2/01/2027

350,000

323,844

First

American

Financial

Corp.

,

4.00%

,

5/15/2030

25,000

22,737

First

Horizon

Corp.

,

4.00%

,

5/26/2025

38,000

37,367

Franklin

Resources,

Inc.

,

1.60%

,

10/30/2030

75,000

61,228

FS

KKR

Capital

Corp.

,

3.25%

,

7/15/2027

160,000

146,823

Globe

Life,

Inc.

,

2.15%

,

8/15/2030

49,000

41,193

GLP

Capital

LP

/

GLP

Financing

II,

Inc.

5.38%,

4/15/2026

270,000

269,384

5.75%,

6/01/2028

40,000

40,252

5.30%,

1/15/2029

50,000

49,310

4.00%,

1/15/2030

140,000

127,953

3.25%,

1/15/2032

130,000

109,466

6.75%,

12/01/2033

50,000

53,187

Goldman

Sachs

Group,

Inc.

(The)

3.50%,

4/01/2025

530,000

520,042

3.75%,

5/22/2025

200,000

196,572

4.25%,

10/21/2025

62,000

61,094

3.75%,

2/25/2026

500,000

488,963

5.80%,

8/10/2026

45,000

45,428

3.50%,

11/16/2026

300,000

290,145

1.09%,

12/09/2026

85,000

78,919

5.95%,

1/15/2027

350,000

360,652

3.85%,

1/26/2027

460,000

448,639

1.43%,

3/09/2027

260,000

240,555

4.39%,

6/15/2027

200,000

197,620

1.54%,

9/10/2027

210,000

191,566

1.95%,

10/21/2027

250,000

229,857

2.64%,

2/24/2028

230,000

214,231

3.69%,

6/05/2028

37,000

35,488

4.48%,

8/23/2028

200,000

196,737

3.81%,

4/23/2029

10,000

9,522

4.22%,

5/01/2029

180,000

174,066

6.48%,

10/24/2029

60,000

63,682

2.60%,

2/07/2030

60,000

52,707

3.80%,

3/15/2030

200,000

188,023

2.62%,

4/22/2032

40,000

33,751

Series

D,

2.38%,

7/21/2032

220,000

181,168

2.65%,

10/21/2032

220,000

183,862

3.10%,

2/24/2033

235,000

202,266

6.56%,

10/24/2034

30,000

33,049

6.45%,

5/01/2036

25,000

27,233

6.75%,

10/01/2037

343,000

381,315

4.41%,

4/23/2039

25,000

22,789

6.25%,

2/01/2041

681,000

756,708

3.21%,

4/22/2042

100,000

77,122

2.91%,

7/21/2042

65,000

48,055

3.44%,

2/24/2043

175,000

137,115

4.80%,

7/08/2044

125,000

118,790

5.15%,

5/22/2045

270,000

265,212

4.75%,

10/21/2045

54,000

51,152

70

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Hanover

Insurance

Group,

Inc.

(The)

4.50%,

4/15/2026

20,000

19,695

2.50%,

9/01/2030

25,000

20,797

Hartford

Financial

Services

Group,

Inc.

(The)

,

3.60%

,

8/19/2049

290,000

224,011

Healthpeak

OP

LLC

,

5.25%

,

12/15/2032

100,000

100,137

Highwoods

Realty

LP

3.88%,

3/01/2027

55,000

51,284

4.13%,

3/15/2028

60,000

56,039

3.05%,

2/15/2030

50,000

42,192

7.65%,

2/01/2034

50,000

55,061

HSBC

Holdings

PLC

4.25%,

8/18/2025

200,000

196,993

3.00%,

3/10/2026

200,000

194,446

3.90%,

5/25/2026

200,000

194,955

2.10%,

6/04/2026

220,000

210,386

5.89%,

8/14/2027

275,000

278,900

7.39%,

11/03/2028

200,000

214,802

6.16%,

3/09/2029

400,000

413,400

3.97%,

5/22/2030

200,000

187,271

2.85%,

6/04/2031

700,000

604,992

2.36%,

8/18/2031

344,000

287,023

2.80%,

5/24/2032

250,000

210,026

5.40%,

8/11/2033

200,000

200,794

8.11%,

11/03/2033

250,000

286,353

6.25%,

3/09/2034

(a)

250,000

265,384

7.40%,

11/13/2034

250,000

273,035

6.50%,

5/02/2036

200,000

215,337

6.50%,

9/15/2037

400,000

433,758

6.50%,

9/15/2037

160,000

167,530

6.10%,

1/14/2042

120,000

136,712

6.33%,

3/09/2044

280,000

302,584

HSBC

USA,

Inc.

,

5.63%

,

3/17/2025

350,000

352,190

Huntington

Bancshares,

Inc.

4.00%,

5/15/2025

20,000

19,684

6.21%,

8/21/2029

140,000

144,658

5.02%,

5/17/2033

45,000

43,347

2.49%,

8/15/2036

152,000

115,910

ING

Groep

NV

3.87%,

3/28/2026

275,000

270,129

6.08%,

9/11/2027

295,000

301,028

4.55%,

10/02/2028

220,000

216,928

4.25%,

3/28/2033

100,000

93,139

6.11%,

9/11/2034

370,000

388,330

Intercontinental

Exchange,

Inc.

3.65%,

5/23/2025

525,000

516,283

3.75%,

12/01/2025

90,000

88,295

3.10%,

9/15/2027

45,000

42,717

4.35%,

6/15/2029

307,000

302,556

4.60%,

3/15/2033

25,000

24,515

2.65%,

9/15/2040

100,000

73,514

4.25%,

9/21/2048

10,000

8,737

3.00%,

6/15/2050

365,000

253,205

4.95%,

6/15/2052

25,000

24,163

3.00%,

9/15/2060

50,000

32,507

5.20%,

6/15/2062

40,000

40,173

Invesco

Finance

PLC

,

3.75%

,

1/15/2026

35,000

34,146

Invitation

Homes

Operating

Partnership

LP

2.30%,

11/15/2028

171,000

151,483

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Invitation

Homes

Operating

Partnership

LP

(continued)

5.45%,

8/15/2030

10,000

10,057

Jackson

Financial,

Inc.

,

4.00%

,

11/23/2051

25,000

18,336

Janus

Henderson

US

Holdings,

Inc.

,

4.88%

,

8/01/2025

35,000

34,746

Jefferies

Financial

Group,

Inc.

6.45%,

6/08/2027

128,000

133,478

5.88%,

7/21/2028

120,000

124,089

4.15%,

1/23/2030

30,000

28,353

6.25%,

1/15/2036

50,000

52,477

Jones

Lang

Lasalle,

Inc.

,

6.88%

,

12/01/2028

50,000

53,006

JPMorgan

Chase

&

Co.

2.60%,

2/24/2026

20,000

19,436

2.08%,

4/22/2026

413,000

397,259

7.63%,

10/15/2026

405,000

433,716

1.05%,

11/19/2026

200,000

185,959

4.13%,

12/15/2026

75,000

73,852

3.96%,

1/29/2027

145,000

142,399

1.04%,

2/04/2027

200,000

184,681

1.58%,

4/22/2027

465,000

431,577

8.00%,

4/29/2027

400,000

441,085

4.25%,

10/01/2027

75,000

74,097

6.07%,

10/22/2027

45,000

46,271

3.78%,

2/01/2028

253,000

244,812

2.95%,

2/24/2028

245,000

231,227

4.32%,

4/26/2028

40,000

39,309

4.85%,

7/25/2028

213,000

212,639

3.51%,

1/23/2029

75,000

71,298

4.01%,

4/23/2029

250,000

241,617

4.20%,

7/23/2029

50,000

48,673

5.30%,

7/24/2029

270,000

274,371

6.09%,

10/23/2029

50,000

52,457

4.45%,

12/05/2029

91,000

89,203

3.70%,

5/06/2030

30,000

28,283

4.57%,

6/14/2030

215,000

211,399

2.74%,

10/15/2030

35,000

31,150

4.49%,

3/24/2031

30,000

29,271

2.52%,

4/22/2031

100,000

87,065

2.96%,

5/13/2031

195,000

171,864

1.76%,

11/19/2031

100,000

81,477

1.95%,

2/04/2032

105,000

85,684

2.58%,

4/22/2032

360,000

305,000

2.55%,

11/08/2032

565,000

472,511

2.96%,

1/25/2033

195,000

167,518

4.91%,

7/25/2033

360,000

355,398

5.72%,

9/14/2033

(a)

150,000

154,416

5.35%,

6/01/2034

140,000

142,068

6.25%,

10/23/2034

1,065,000

1,154,559

6.40%,

5/15/2038

157,000

180,066

3.88%,

7/24/2038

240,000

210,801

5.50%,

10/15/2040

153,000

160,378

3.11%,

4/22/2041

35,000

27,252

2.53%,

11/19/2041

50,000

35,588

5.40%,

1/06/2042

115,000

118,683

5.63%,

8/16/2043

(a)

116,000

121,410

4.26%,

2/22/2048

50,000

43,755

4.03%,

7/24/2048

290,000

244,498

3.90%,

1/23/2049

200,000

164,912

3.11%,

4/22/2051

100,000

71,101

71

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

JPMorgan

Chase

&

Co.

(continued)

3.33%,

4/22/2052

215,000

158,267

Kemper

Corp.

2.40%,

9/30/2030

25,000

19,770

3.80%,

2/23/2032

45,000

38,102

Keybank

NA

4.15%,

8/08/2025

200,000

195,636

3.40%,

5/20/2026

250,000

235,993

KeyCorp

4.15%,

10/29/2025

35,000

34,252

2.25%,

4/06/2027

40,000

36,103

4.10%,

4/30/2028

50,000

47,619

4.79%,

6/01/2033

30,000

27,541

KfW

0.38%,

7/18/2025

70,000

65,929

0.63%,

1/22/2026

395,000

367,800

3.63%,

4/01/2026

1,200,000

1,184,711

1.00%,

10/01/2026

467,000

430,762

3.75%,

2/15/2028

100,000

99,013

3.88%,

6/15/2028

1,000,000

994,523

0.75%,

9/30/2030

50,000

40,618

4.75%,

10/29/2030

50,000

52,096

4.13%,

7/15/2033

370,000

370,037

0.00%,

4/18/2036

(c)

225,000

134,765

Kilroy

Realty

LP

4.38%,

10/01/2025

200,000

195,429

2.50%,

11/15/2032

100,000

76,403

6.25%,

1/15/2036

300,000

300,868

Kimco

Realty

OP

LLC

3.30%,

2/01/2025

10,000

9,795

2.80%,

10/01/2026

25,000

23,626

6.40%,

3/01/2034

10,000

10,818

3.70%,

10/01/2049

95,000

69,929

Kite

Realty

Group

LP

,

4.00%

,

10/01/2026

40,000

38,106

Landwirtschaftliche

Rentenbank

Series

40,

0.50%,

5/27/2025

30,000

28,424

Series

G,

1.75%,

7/27/2026

155,000

146,071

Series

44,

3.88%,

6/14/2028

485,000

482,523

Lazard

Group

LLC

3.63%,

3/01/2027

100,000

94,913

4.50%,

9/19/2028

10,000

9,696

Legg

Mason,

Inc.

,

4.75%

,

3/15/2026

25,000

24,941

Lincoln

National

Corp.

3.40%,

3/01/2032

50,000

43,175

4.35%,

3/01/2048

45,000

35,944

Lloyds

Banking

Group

PLC

4.65%,

3/24/2026

200,000

196,698

4.72%,

8/11/2026

335,000

331,432

5.99%,

8/07/2027

315,000

319,797

5.68%,

1/05/2035

200,000

203,107

5.30%,

12/01/2045

100,000

96,131

LPL

Holdings,

Inc.

,

6.75%

,

11/17/2028

50,000

52,824

M&T

Bank

Corp.

,

4.55%

,

8/16/2028

350,000

338,034

Main

Street

Capital

Corp.

,

3.00%

,

7/14/2026

78,000

71,910

Manulife

Financial

Corp.

4.15%,

3/04/2026

77,000

75,792

4.06%,

2/24/2032

445,000

426,530

5.38%,

3/04/2046

85,000

85,140

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Markel

Group,

Inc.

5.00%,

4/05/2046

50,000

45,848

4.30%,

11/01/2047

75,000

61,703

4.15%,

9/17/2050

30,000

24,121

Marsh

&

McLennan

Cos.,

Inc.

3.50%,

3/10/2025

105,000

103,337

3.75%,

3/14/2026

170,000

167,006

2.25%,

11/15/2030

50,000

42,913

2.38%,

12/15/2031

210,000

177,700

5.75%,

11/01/2032

60,000

64,133

5.40%,

9/15/2033

10,000

10,466

4.75%,

3/15/2039

25,000

24,439

4.90%,

3/15/2049

25,000

23,923

2.90%,

12/15/2051

50,000

33,016

5.70%,

9/15/2053

176,000

188,893

Mastercard,

Inc.

2.95%,

11/21/2026

148,000

142,687

3.30%,

3/26/2027

15,000

14,550

3.50%,

2/26/2028

135,000

131,300

4.88%,

3/09/2028

95,000

97,673

2.95%,

6/01/2029

200,000

187,043

3.35%,

3/26/2030

48,000

45,400

3.65%,

6/01/2049

75,000

61,922

3.85%,

3/26/2050

10,000

8,551

MetLife,

Inc.

3.60%,

11/13/2025

370,000

363,414

6.50%,

12/15/2032

50,000

55,941

5.38%,

7/15/2033

20,000

20,681

6.38%,

6/15/2034

100,000

111,486

5.70%,

6/15/2035

200,000

213,691

4.13%,

8/13/2042

95,000

83,508

4.05%,

3/01/2045

70,000

60,452

5.25%,

1/15/2054

85,000

86,454

MGIC

Investment

Corp.

,

5.25%

,

8/15/2028

300,000

292,084

MID-America

Apartments

LP

4.00%,

11/15/2025

35,000

34,378

1.10%,

9/15/2026

50,000

45,456

3.60%,

6/01/2027

50,000

48,361

Mitsubishi

UFJ

Financial

Group,

Inc.

1.41%,

7/17/2025

205,000

194,386

1.64%,

10/13/2027

200,000

183,048

2.34%,

1/19/2028

200,000

186,073

3.96%,

3/02/2028

50,000

48,651

4.08%,

4/19/2028

309,000

300,647

5.02%,

7/20/2028

200,000

200,146

5.35%,

9/13/2028

285,000

288,735

5.48%,

2/22/2031

200,000

204,511

5.13%,

7/20/2033

365,000

367,245

5.47%,

9/13/2033

(a)

300,000

309,119

5.41%,

4/19/2034

(a)

200,000

205,049

3.75%,

7/18/2039

355,000

312,937

Mizuho

Financial

Group,

Inc.

1.23%,

5/22/2027

552,000

505,285

1.55%,

7/09/2027

200,000

183,450

4.25%,

9/11/2029

75,000

72,422

2.59%,

5/25/2031

50,000

42,915

2.56%,

9/13/2031

335,000

273,866

Morgan

Stanley

4.00%,

7/23/2025

172,000

169,763

72

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Morgan

Stanley

(continued)

5.00%,

11/24/2025

250,000

249,962

2.19%,

4/28/2026

250,000

241,013

4.68%,

7/17/2026

225,000

223,464

3.13%,

7/27/2026

250,000

239,849

Series

G,

4.35%,

9/08/2026

195,000

192,058

0.99%,

12/10/2026

495,000

457,560

3.63%,

1/20/2027

225,000

218,904

3.95%,

4/23/2027

125,000

121,656

1.59%,

5/04/2027

200,000

185,163

1.51%,

7/20/2027

330,000

302,828

3.59%,

7/22/2028

95,000

90,862

6.30%,

10/18/2028

55,000

57,480

Series

G,

3.77%,

1/24/2029

368,000

351,436

5.16%,

4/20/2029

245,000

246,235

5.45%,

7/20/2029

40,000

40,688

4.43%,

1/23/2030

125,000

121,830

Series

G,

2.70%,

1/22/2031

184,000

161,750

3.62%,

4/01/2031

125,000

115,452

1.79%,

2/13/2032

800,000

642,622

7.25%,

4/01/2032

150,000

174,786

1.93%,

4/28/2032

310,000

250,101

2.24%,

7/21/2032

54,000

44,144

2.51%,

10/20/2032

327,000

272,202

2.94%,

1/21/2033

215,000

183,520

4.89%,

7/20/2033

160,000

156,368

6.34%,

10/18/2033

235,000

253,258

5.25%,

4/21/2034

207,000

207,081

6.63%,

11/01/2034

45,000

49,806

2.48%,

9/16/2036

20,000

15,958

5.30%,

4/20/2037

255,000

249,150

4.46%,

4/22/2039

210,000

193,890

3.22%,

4/22/2042

40,000

31,038

6.38%,

7/24/2042

80,000

91,167

4.30%,

1/27/2045

125,000

111,652

4.38%,

1/22/2047

29,000

25,901

2.80%,

1/25/2052

245,000

162,753

NASDAQ,

Inc.

5.65%,

6/28/2025

155,000

156,449

3.85%,

6/30/2026

33,000

32,247

1.65%,

1/15/2031

55,000

44,607

2.50%,

12/21/2040

25,000

17,295

3.25%,

4/28/2050

140,000

97,956

3.95%,

3/07/2052

50,000

39,532

6.10%,

6/28/2063

50,000

53,892

National

Australia

Bank

Ltd.

,

5.20%

,

5/13/2025

(a)

250,000

251,330

National

Health

Investors,

Inc.

,

3.00%

,

2/01/2031

95,000

76,151

NatWest

Group

PLC

7.47%,

11/10/2026

325,000

336,752

1.64%,

6/14/2027

310,000

284,616

5.08%,

1/27/2030

225,000

222,339

NNN

REIT,

Inc.

5.60%,

10/15/2033

10,000

10,229

3.50%,

4/15/2051

25,000

18,208

3.00%,

4/15/2052

70,000

45,900

Nomura

Holdings,

Inc.

1.85%,

7/16/2025

285,000

271,074

2.33%,

1/22/2027

200,000

184,220

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Nomura

Holdings,

Inc.

(continued)

6.07%,

7/12/2028

235,000

243,146

2.61%,

7/14/2031

200,000

165,980

3.00%,

1/22/2032

395,000

332,934

Northern

Trust

Corp.

3.95%,

10/30/2025

25,000

24,640

4.00%,

5/10/2027

95,000

93,520

3.15%,

5/03/2029

(a)

63,000

59,340

1.95%,

5/01/2030

25,000

21,507

3.38%,

5/08/2032

60,000

55,848

6.13%,

11/02/2032

45,000

48,348

Oaktree

Strategic

Credit

Fund

,

8.40%

,

11/14/2028

(b)

50,000

53,390

Oesterreichische

Kontrollbank

AG

4.13%,

1/20/2026

190,000

189,096

5.00%,

10/23/2026

600,000

612,831

Old

Republic

International

Corp.

3.88%,

8/26/2026

70,000

67,818

3.85%,

6/11/2051

30,000

22,223

OMEGA

Healthcare

Investors,

Inc.

4.50%,

4/01/2027

15,000

14,580

4.75%,

1/15/2028

25,000

24,250

3.63%,

10/01/2029

115,000

102,546

ORIX

Corp.

,

4.00%

,

4/13/2032

150,000

141,417

PartnerRe

Finance

B

LLC

,

3.70%

,

7/02/2029

133,000

126,695

Physicians

Realty

LP

,

3.95%

,

1/15/2028

25,000

23,948

PNC

Bank

NA

4.20%,

11/01/2025

295,000

289,985

2.70%,

10/22/2029

75,000

66,192

PNC

Financial

Services

Group,

Inc.

(The)

5.81%,

6/12/2026

85,000

85,498

2.60%,

7/23/2026

180,000

170,616

4.76%,

1/26/2027

200,000

198,730

3.15%,

5/19/2027

113,000

107,205

6.62%,

10/20/2027

30,000

31,181

5.35%,

12/02/2028

115,000

116,400

3.45%,

4/23/2029

58,000

54,415

5.58%,

6/12/2029

45,000

45,940

2.55%,

1/22/2030

265,000

231,583

4.63%,

6/06/2033

50,000

46,837

5.07%,

1/24/2034

215,000

211,825

5.94%,

8/18/2034

95,000

99,222

6.88%,

10/20/2034

50,000

55,678

Primerica,

Inc.

,

2.80%

,

11/19/2031

50,000

42,316

Principal

Financial

Group,

Inc.

3.10%,

11/15/2026

189,000

180,624

4.30%,

11/15/2046

200,000

169,779

Private

Export

Funding

Corp.

,

Series

PP

,

1.40%

,

7/15/2028

50,000

44,418

Progressive

Corp.

(The)

4.00%,

3/01/2029

31,000

30,413

4.13%,

4/15/2047

30,000

26,392

4.20%,

3/15/2048

105,000

92,856

ProLogis

LP

3.25%,

10/01/2026

114,000

110,030

4.88%,

6/15/2028

15,000

15,197

2.88%,

11/15/2029

144,000

131,200

1.75%,

2/01/2031

10,000

8,239

73

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

ProLogis

LP

(continued)

5.13%,

1/15/2034

250,000

253,995

5.25%,

6/15/2053

250,000

251,452

5.25%,

3/15/2054

300,000

303,624

Prospect

Capital

Corp.

3.36%,

11/15/2026

40,000

36,580

3.44%,

10/15/2028

65,000

55,901

Prudential

Financial,

Inc.

3.88%,

3/27/2028

51,000

49,624

4.60%,

5/15/2044

12,000

11,058

5.38%,

5/15/2045

50,000

49,333

3.91%,

12/07/2047

100,000

81,967

4.42%,

3/27/2048

20,000

17,363

3.94%,

12/07/2049

148,000

120,490

4.35%,

2/25/2050

330,000

289,695

3.70%,

3/13/2051

105,000

82,647

Public

Storage

Operating

Co.

0.88%,

2/15/2026

20,000

18,557

1.50%,

11/09/2026

30,000

27,623

1.95%,

11/09/2028

500,000

445,991

3.39%,

5/01/2029

105,000

99,494

2.25%,

11/09/2031

14,000

11,777

Radian

Group,

Inc.

,

4.88%

,

3/15/2027

75,000

73,135

Raymond

James

Financial,

Inc.

4.65%,

4/01/2030

342,000

342,649

4.95%,

7/15/2046

33,000

30,921

Rayonier

LP

,

2.75%

,

5/17/2031

65,000

53,795

Realty

Income

Corp.

3.88%,

4/15/2025

94,000

92,626

4.63%,

11/01/2025

25,000

24,860

5.05%,

1/13/2026

267,000

266,853

4.45%,

9/15/2026

50,000

48,838

3.00%,

1/15/2027

50,000

47,577

3.95%,

8/15/2027

60,000

58,385

3.40%,

1/15/2028

50,000

47,513

3.25%,

6/15/2029

151,000

140,310

4.00%,

7/15/2029

119,000

114,158

3.40%,

1/15/2030

110,000

101,023

3.20%,

2/15/2031

10,000

8,916

2.70%,

2/15/2032

25,000

20,933

4.90%,

7/15/2033

60,000

58,841

4.65%,

3/15/2047

171,000

156,880

Regency

Centers

LP

2.95%,

9/15/2029

25,000

22,512

3.70%,

6/15/2030

10,000

9,270

4.40%,

2/01/2047

25,000

20,671

4.65%,

3/15/2049

65,000

56,307

Regions

Financial

Corp.

,

1.80%

,

8/12/2028

47,000

40,434

Reinsurance

Group

of

America,

Inc.

,

3.90%

,

5/15/2029

150,000

142,334

RenaissanceRe

Finance,

Inc.

,

3.45%

,

7/01/2027

215,000

204,116

RenaissanceRe

Holdings

Ltd.

,

5.75%

,

6/05/2033

15,000

15,214

Rexford

Industrial

Realty

LP

,

2.15%

,

9/01/2031

50,000

40,241

Royal

Bank

of

Canada

Series

GMTn,

4.95%,

4/25/2025

65,000

65,099

1.15%,

6/10/2025

353,000

335,996

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Royal

Bank

of

Canada

(continued)

Series

G,

0.88%,

1/20/2026

200,000

185,898

1.20%,

4/27/2026

100,000

92,551

Series

G,

5.20%,

7/20/2026

25,000

25,264

3.63%,

5/04/2027

80,000

77,399

Series

G,

4.24%,

8/03/2027

100,000

98,590

6.00%,

11/01/2027

200,000

209,032

Series

G,

5.20%,

8/01/2028

235,000

239,367

Series

G,

2.30%,

11/03/2031

245,000

204,728

3.88%,

5/04/2032

36,000

33,423

Series

G,

5.00%,

2/01/2033

50,000

50,079

Sabra

Health

Care

LP

5.13%,

8/15/2026

100,000

98,627

3.90%,

10/15/2029

50,000

45,258

Safehold

GL

Holdings

LLC

,

2.80%

,

6/15/2031

60,000

49,862

Santander

Holdings

USA,

Inc.

3.45%,

6/02/2025

200,000

194,477

4.50%,

7/17/2025

140,000

137,917

3.24%,

10/05/2026

275,000

259,419

4.40%,

7/13/2027

50,000

48,618

2.49%,

1/06/2028

80,000

72,993

6.50%,

3/09/2029

135,000

139,244

6.57%,

6/12/2029

10,000

10,356

7.66%,

11/09/2031

50,000

54,327

Santander

UK

Group

Holdings

PLC

1.67%,

6/14/2027

250,000

228,466

2.47%,

1/11/2028

200,000

183,479

2.90%,

3/15/2032

125,000

106,982

Simon

Property

Group

LP

3.50%,

9/01/2025

272,000

266,736

3.30%,

1/15/2026

161,000

156,172

3.25%,

11/30/2026

34,000

32,820

1.38%,

1/15/2027

200,000

183,193

3.38%,

6/15/2027

48,000

46,080

3.38%,

12/01/2027

15,000

14,325

1.75%,

2/01/2028

17,000

15,258

2.45%,

9/13/2029

100,000

88,725

2.65%,

7/15/2030

15,000

13,261

2.20%,

2/01/2031

276,000

231,177

5.50%,

3/08/2033

(a)

30,000

30,992

6.25%,

1/15/2034

50,000

54,123

4.75%,

3/15/2042

70,000

63,935

3.25%,

9/13/2049

72,000

51,839

6.65%,

1/15/2054

50,000

58,892

Sixth

Street

Specialty

Lending,

Inc.

,

2.50%

,

8/01/2026

110,000

101,121

State

Street

Corp.

3.55%,

8/18/2025

215,000

211,395

2.90%,

3/30/2026

50,000

48,636

5.27%,

8/03/2026

25,000

25,289

1.68%,

11/18/2027

126,000

115,868

5.68%,

11/21/2029

50,000

51,648

2.20%,

3/03/2031

445,000

372,536

2.62%,

2/07/2033

20,000

16,802

4.16%,

8/04/2033

50,000

46,954

5.16%,

5/18/2034

50,000

50,310

3.03%,

11/01/2034

375,000

337,249

6.12%,

11/21/2034

50,000

52,752

74

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Stewart

Information

Services

Corp.

,

3.60%

,

11/15/2031

135,000

106,113

STORE

Capital

Corp.

4.63%,

3/15/2029

115,000

107,970

2.75%,

11/18/2030

20,000

15,803

2.70%,

12/01/2031

28,000

21,934

Sumitomo

Mitsui

Financial

Group,

Inc.

1.47%,

7/08/2025

200,000

190,067

0.95%,

1/12/2026

251,000

232,749

2.63%,

7/14/2026

50,000

47,454

1.40%,

9/17/2026

200,000

182,880

3.01%,

10/19/2026

200,000

190,705

3.45%,

1/11/2027

65,000

62,677

3.36%,

7/12/2027

225,000

214,629

3.35%,

10/18/2027

25,000

23,695

5.52%,

1/13/2028

280,000

286,395

5.80%,

7/13/2028

205,000

212,140

3.94%,

7/19/2028

25,000

24,176

5.72%,

9/14/2028

285,000

294,340

2.14%,

9/23/2030

45,000

37,368

5.81%,

9/14/2033

(a)

810,000

855,415

2.30%,

1/12/2041

130,000

89,626

6.18%,

7/13/2043

15,000

16,874

Sun

Communities

Operating

LP

4.20%,

4/15/2032

35,000

31,805

5.70%,

1/15/2033

96,000

96,746

Synchrony

Bank

5.40%,

8/22/2025

605,000

600,429

5.63%,

8/23/2027

296,000

291,115

Synchrony

Financial

4.50%,

7/23/2025

55,000

53,802

3.70%,

8/04/2026

60,000

56,860

3.95%,

12/01/2027

65,000

61,095

2.88%,

10/28/2031

255,000

203,026

Synovus

Financial

Corp.

,

5.20%

,

8/11/2025

10,000

9,920

Tanger

Properties

LP

,

2.75%

,

9/01/2031

90,000

73,652

Toronto-Dominion

Bank

(The)

5.10%,

1/09/2026

70,000

70,572

1.20%,

6/03/2026

460,000

423,919

1.25%,

9/10/2026

195,000

178,657

1.95%,

1/12/2027

70,000

65,090

2.80%,

3/10/2027

100,000

94,615

4.11%,

6/08/2027

270,000

264,716

4.69%,

9/15/2027

148,000

147,784

5.16%,

1/10/2028

80,000

81,094

5.52%,

7/17/2028

89,000

91,556

2.00%,

9/10/2031

95,000

78,495

Series

G,

2.45%,

1/12/2032

50,000

41,654

3.20%,

3/10/2032

115,000

101,203

4.46%,

6/08/2032

60,000

57,760

Travelers

Cos.,

Inc.

(The)

5.35%,

11/01/2040

25,000

26,120

4.00%,

5/30/2047

110,000

94,809

Travelers

Property

Casualty

Corp.

,

6.38%

,

3/15/2033

315,000

355,748

Truist

Bank

1.50%,

3/10/2025

275,000

263,804

3.30%,

5/15/2026

217,000

207,657

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Truist

Financial

Corp.

4.26%,

7/28/2026

139,000

137,036

5.90%,

10/28/2026

40,000

40,441

1.27%,

3/02/2027

110,000

101,329

6.05%,

6/08/2027

80,000

81,481

1.13%,

8/03/2027

50,000

44,043

4.12%,

6/06/2028

50,000

48,603

4.87%,

1/26/2029

450,000

444,339

1.89%,

6/07/2029

375,000

326,923

6.12%,

10/28/2033

90,000

93,416

5.87%,

6/08/2034

70,000

71,568

UBS

Group

AG

4.55%,

4/17/2026

350,000

345,732

4.88%,

5/15/2045

165,000

158,589

UDR,

Inc.

2.95%,

9/01/2026

40,000

37,971

Series

G,

3.50%,

1/15/2028

50,000

47,219

3.00%,

8/15/2031

50,000

43,543

2.10%,

8/01/2032

25,000

19,626

Unum

Group

,

4.50%

,

12/15/2049

15,000

12,240

US

Bancorp

1.45%,

5/12/2025

40,000

38,279

3.95%,

11/17/2025

300,000

295,676

Series

V,

2.38%,

7/22/2026

236,000

222,566

Series

X,

3.15%,

4/27/2027

57,000

54,127

6.79%,

10/26/2027

20,000

20,879

3.90%,

4/26/2028

140,000

135,300

4.55%,

7/22/2028

332,000

327,628

4.65%,

2/01/2029

187,000

183,943

5.78%,

6/12/2029

270,000

276,690

Series

D,

3.00%,

7/30/2029

160,000

144,212

1.38%,

7/22/2030

55,000

44,290

2.68%,

1/27/2033

95,000

79,005

4.97%,

7/22/2033

100,000

94,740

5.85%,

10/21/2033

160,000

165,515

4.84%,

2/01/2034

64,000

61,642

5.84%,

6/12/2034

130,000

134,079

Ventas

Realty

LP

3.25%,

10/15/2026

94,000

89,248

3.85%,

4/01/2027

40,000

38,528

4.40%,

1/15/2029

191,000

185,256

3.00%,

1/15/2030

15,000

13,315

4.38%,

2/01/2045

15,000

12,138

4.88%,

4/15/2049

10,000

8,631

VICI

Properties

LP

4.38%,

5/15/2025

193,000

190,051

4.95%,

2/15/2030

90,000

87,289

5.63%,

5/15/2052

35,000

32,878

Visa,

Inc.

3.15%,

12/14/2025

25,000

24,424

1.90%,

4/15/2027

125,000

116,348

2.05%,

4/15/2030

17,000

14,862

1.10%,

2/15/2031

200,000

160,838

4.15%,

12/14/2035

75,000

72,405

2.70%,

4/15/2040

105,000

80,414

4.30%,

12/14/2045

100,000

92,031

3.65%,

9/15/2047

500,000

414,525

Voya

Financial,

Inc.

5.70%,

7/15/2043

50,000

49,594

75

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Voya

Financial,

Inc.

(continued)

4.80%,

6/15/2046

50,000

43,735

W.P.

Carey,

Inc.

,

4.25%

,

10/01/2026

35,000

34,203

W.R.

Berkley

Corp.

4.75%,

8/01/2044

70,000

62,236

4.00%,

5/12/2050

140,000

109,840

Wachovia

Corp.

,

5.50%

,

8/01/2035

110,000

111,599

Webster

Financial

Corp.

,

4.10%

,

3/25/2029

70,000

65,858

Wells

Fargo

&

Co.

3.55%,

9/29/2025

275,000

268,997

2.16%,

2/11/2026

276,000

266,648

3.91%,

4/25/2026

115,000

113,053

2.19%,

4/30/2026

15,000

14,431

4.10%,

6/03/2026

105,000

102,911

4.54%,

8/15/2026

255,000

252,446

3.00%,

10/23/2026

10,000

9,528

3.20%,

6/17/2027

45,000

43,113

3.58%,

5/22/2028

150,000

143,519

2.39%,

6/02/2028

170,000

156,872

4.81%,

7/25/2028

260,000

258,531

4.15%,

1/24/2029

20,000

19,395

5.57%,

7/25/2029

175,000

178,829

6.30%,

10/23/2029

60,000

63,241

Series

B,

7.95%,

11/15/2029

15,000

16,913

2.88%,

10/30/2030

575,000

511,988

2.57%,

2/11/2031

125,000

108,645

4.48%,

4/04/2031

360,000

348,531

3.35%,

3/02/2033

365,000

320,378

4.90%,

7/25/2033

170,000

166,182

5.39%,

4/24/2034

65,000

65,589

5.56%,

7/25/2034

316,000

322,973

6.49%,

10/23/2034

70,000

76,276

3.07%,

4/30/2041

535,000

407,075

5.38%,

11/02/2043

860,000

845,393

5.61%,

1/15/2044

240,000

241,195

Series

G,

4.90%,

11/17/2045

230,000

211,486

4.75%,

12/07/2046

20,000

17,811

5.01%,

4/04/2051

575,000

549,652

4.61%,

4/25/2053

315,000

281,478

Wells

Fargo

Bank

NA

5.55%,

8/01/2025

350,000

353,647

5.45%,

8/07/2026

350,000

355,500

Welltower

OP

LLC

4.00%,

6/01/2025

400,000

393,862

4.25%,

4/01/2026

25,000

24,698

4.25%,

4/15/2028

45,000

44,055

2.75%,

1/15/2031

270,000

233,742

Western

Union

Co.

(The)

1.35%,

3/15/2026

105,000

96,873

2.75%,

3/15/2031

70,000

58,186

Westpac

Banking

Corp.

3.74%,

8/26/2025

83,000

81,766

5.51%,

11/17/2025

50,000

50,719

2.85%,

5/13/2026

95,000

91,423

1.15%,

6/03/2026

50,000

46,192

4.04%,

8/26/2027

(a)

400,000

395,629

5.46%,

11/18/2027

735,000

757,402

3.40%,

1/25/2028

59,000

56,548

5.54%,

11/17/2028

50,000

51,958

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Financial

–

8.5%

(continued)

Westpac

Banking

Corp.

(continued)

1.95%,

11/20/2028

390,000

345,374

2.89%,

2/04/2030

25,000

24,239

2.15%,

6/03/2031

25,000

21,031

5.41%,

8/10/2033

25,000

24,783

6.82%,

11/17/2033

50,000

54,515

4.11%,

7/24/2034

50,000

46,442

2.67%,

11/15/2035

45,000

37,356

3.02%,

11/18/2036

50,000

41,316

2.96%,

11/16/2040

41,000

28,683

3.13%,

11/18/2041

240,000

169,726

Weyerhaeuser

Co.

4.75%,

5/15/2026

20,000

19,903

4.00%,

11/15/2029

260,000

247,070

4.00%,

4/15/2030

15,000

14,277

4.00%,

3/09/2052

35,000

28,271

Willis

North

America,

Inc.

,

5.35%

,

5/15/2033

15,000

15,045

WP

Carey,

Inc.

,

3.85%

,

7/15/2029

25,000

23,478

XL

Group

Ltd.

,

5.25%

,

12/15/2043

25,000

24,022

143,929,119

Industrial

–

1.9%

3M

Co.

2.88%,

10/15/2027

177,000

166,385

2.38%,

8/26/2029

339,000

297,225

3.05%,

4/15/2030

35,000

31,553

3.63%,

10/15/2047

210,000

157,795

4.00%,

9/14/2048

(a)

85,000

71,222

3.25%,

8/26/2049

(a)

50,000

35,864

Allegion

US

Holding

Co.,

Inc.

,

3.55%

,

10/01/2027

90,000

85,824

Amcor

Finance

USA,

Inc.

,

3.63%

,

4/28/2026

25,000

24,205

Amphenol

Corp.

2.05%,

3/01/2025

295,000

285,585

2.80%,

2/15/2030

20,000

18,109

Arrow

Electronics,

Inc.

4.00%,

4/01/2025

91,000

89,413

6.13%,

3/01/2026

97,000

97,044

2.95%,

2/15/2032

115,000

97,366

Berry

Global,

Inc.

,

1.65%

,

1/15/2027

25,000

22,657

Boeing

Co.

(The)

4.88%,

5/01/2025

125,000

124,172

2.60%,

10/30/2025

175,000

167,344

2.20%,

2/04/2026

25,000

23,564

3.10%,

5/01/2026

20,000

19,133

2.70%,

2/01/2027

758,000

709,689

2.80%,

3/01/2027

15,000

14,063

5.04%,

5/01/2027

75,000

75,119

3.25%,

2/01/2028

184,000

172,590

3.45%,

11/01/2028

25,000

23,424

2.95%,

2/01/2030

10,000

8,911

5.15%,

5/01/2030

180,000

180,326

3.63%,

2/01/2031

110,000

100,549

6.13%,

2/15/2033

105,000

111,291

3.60%,

5/01/2034

190,000

164,189

3.25%,

2/01/2035

60,000

49,594

6.63%,

2/15/2038

32,000

34,872

3.63%,

3/01/2048

25,000

17,966

3.85%,

11/01/2048

50,000

37,014

3.75%,

2/01/2050

100,000

74,181

76

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Industrial

–

1.9%

(continued)

Boeing

Co.

(The)

(continued)

5.81%,

5/01/2050

415,000

416,021

3.83%,

3/01/2059

145,000

103,375

3.95%,

8/01/2059

135,000

99,303

5.93%,

5/01/2060

30,000

29,913

Burlington

Northern

Santa

Fe

LLC

7.00%,

12/15/2025

20,000

20,873

6.15%,

5/01/2037

25,000

27,969

5.75%,

5/01/2040

70,000

75,383

4.45%,

3/15/2043

113,000

104,354

4.90%,

4/01/2044

15,000

14,647

4.55%,

9/01/2044

27,000

25,121

4.70%,

9/01/2045

40,000

38,031

3.90%,

8/01/2046

65,000

54,451

4.15%,

12/15/2048

90,000

77,603

4.45%,

1/15/2053

155,000

141,580

5.20%,

4/15/2054

55,000

56,010

Canadian

National

Railway

Co.

2.75%,

3/01/2026

130,000

125,290

6.25%,

8/01/2034

25,000

28,069

4.45%,

1/20/2049

100,000

92,134

2.45%,

5/01/2050

100,000

63,793

Canadian

Pacific

Railway

Co.

4.00%,

6/01/2028

13,000

12,672

2.88%,

11/15/2029

193,000

174,009

4.80%,

8/01/2045

50,000

46,812

4.95%,

8/15/2045

226,000

213,946

4.70%,

5/01/2048

50,000

45,217

3.10%,

12/02/2051

95,000

67,097

6.13%,

9/15/2115

200,000

218,081

Carrier

Global

Corp.

5.80%,

11/30/2025

(b)

50,000

50,705

2.72%,

2/15/2030

246,000

219,584

2.70%,

2/15/2031

50,000

43,518

3.38%,

4/05/2040

135,000

108,062

3.58%,

4/05/2050

62,000

47,389

Caterpillar

Financial

Services

Corp.

3.40%,

5/13/2025

95,000

93,424

1.45%,

5/15/2025

20,000

19,158

5.15%,

8/11/2025

85,000

85,611

4.80%,

1/06/2026

25,000

25,119

0.90%,

3/02/2026

373,000

346,370

Series

D,

4.35%,

5/15/2026

40,000

39,877

2.40%,

8/09/2026

105,000

99,816

1.15%,

9/14/2026

204,000

187,681

1.70%,

1/08/2027

19,000

17,656

3.60%,

8/12/2027

50,000

48,833

Caterpillar,

Inc.

5.20%,

5/27/2041

120,000

125,448

3.80%,

8/15/2042

175,000

151,400

4.75%,

5/15/2064

24,000

22,475

CNH

Industrial

Capital

LLC

3.95%,

5/23/2025

135,000

132,926

4.55%,

4/10/2028

10,000

9,913

5.50%,

1/12/2029

10,000

10,282

CSX

Corp.

3.35%,

11/01/2025

69,000

67,353

3.25%,

6/01/2027

40,000

38,430

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Industrial

–

1.9%

(continued)

CSX

Corp.

(continued)

2.40%,

2/15/2030

400,000

353,928

4.10%,

11/15/2032

100,000

95,635

5.20%,

11/15/2033

(a)

10,000

10,322

6.00%,

10/01/2036

40,000

43,798

6.22%,

4/30/2040

20,000

22,335

4.10%,

3/15/2044

110,000

95,620

4.75%,

11/15/2048

13,000

12,212

3.35%,

9/15/2049

175,000

129,901

3.80%,

4/15/2050

95,000

75,999

4.50%,

11/15/2052

100,000

91,064

4.25%,

11/01/2066

70,000

58,322

Deere

&

Co.

2.75%,

4/15/2025

10,000

9,766

5.38%,

10/16/2029

50,000

52,628

3.10%,

4/15/2030

287,000

265,272

3.90%,

6/09/2042

25,000

22,095

Dover

Corp.

,

5.38%

,

10/15/2035

25,000

25,889

Eaton

Corp.

4.35%,

5/18/2028

20,000

19,918

4.15%,

3/15/2033

155,000

149,323

4.15%,

11/02/2042

77,000

69,270

Emerson

Electric

Co.

3.15%,

6/01/2025

29,000

28,428

0.88%,

10/15/2026

80,000

72,785

1.80%,

10/15/2027

10,000

9,129

1.95%,

10/15/2030

75,000

64,360

2.20%,

12/21/2031

30,000

25,462

FedEx

Corp.

3.25%,

4/01/2026

50,000

48,444

3.10%,

8/05/2029

120,000

110,788

4.25%,

5/15/2030

10,000

9,738

2.40%,

5/15/2031

97,000

82,618

4.90%,

1/15/2034

30,000

30,015

3.25%,

5/15/2041

120,000

91,630

3.88%,

8/01/2042

75,000

61,702

5.10%,

1/15/2044

59,000

56,663

4.75%,

11/15/2045

15,000

13,721

4.55%,

4/01/2046

30,000

26,572

4.40%,

1/15/2047

10,000

8,643

4.05%,

2/15/2048

95,000

77,690

5.25%,

5/15/2050

55,000

53,413

Flex

Ltd.

4.75%,

6/15/2025

30,000

29,688

3.75%,

2/01/2026

25,000

24,292

4.88%,

5/12/2030

75,000

73,420

Flowserve

Corp.

,

3.50%

,

10/01/2030

75,000

66,828

Fortive

Corp.

,

4.30%

,

6/15/2046

25,000

20,971

Fortune

Brands

Innovations,

Inc.

4.00%,

6/15/2025

62,000

60,993

4.50%,

3/25/2052

25,000

20,989

GATX

Corp.

3.85%,

3/30/2027

64,000

61,711

4.70%,

4/01/2029

30,000

29,769

3.50%,

6/01/2032

75,000

65,667

5.45%,

9/15/2033

30,000

30,186

6.90%,

5/01/2034

100,000

110,351

3.10%,

6/01/2051

50,000

32,898

77

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Industrial

–

1.9%

(continued)

GE

Capital

International

Funding

Co.

Unlimited

Co.

,

4.42%

,

11/15/2035

450,000

435,545

General

Dynamics

Corp.

3.25%,

4/01/2025

305,000

299,464

3.50%,

5/15/2025

110,000

108,239

2.13%,

8/15/2026

705,000

666,407

3.50%,

4/01/2027

40,000

38,925

3.75%,

5/15/2028

75,000

73,193

4.25%,

4/01/2040

10,000

9,195

4.25%,

4/01/2050

41,000

36,844

HEICO

Corp.

5.25%,

8/01/2028

10,000

10,181

5.35%,

8/01/2033

110,000

111,481

Hexcel

Corp.

4.95%,

8/15/2025

330,000

324,880

4.20%,

2/15/2027

140,000

135,042

Honeywell

International,

Inc.

2.50%,

11/01/2026

50,000

47,682

1.10%,

3/01/2027

200,000

181,398

4.95%,

2/15/2028

(a)

200,000

204,992

4.25%,

1/15/2029

15,000

14,914

1.95%,

6/01/2030

125,000

107,670

1.75%,

9/01/2031

75,000

61,723

5.70%,

3/15/2037

17,000

18,410

3.81%,

11/21/2047

110,000

92,064

Howmet

Aerospace,

Inc.

,

3.00%

,

1/15/2029

39,000

35,288

Hubbell,

Inc.

,

3.15%

,

8/15/2027

50,000

47,277

Huntington

Ingalls

Industries,

Inc.

3.84%,

5/01/2025

75,000

73,602

3.48%,

12/01/2027

60,000

56,811

4.20%,

5/01/2030

25,000

23,882

IDEX

Corp.

,

2.63%

,

6/15/2031

25,000

21,379

Illinois

Tool

Works,

Inc.

2.65%,

11/15/2026

35,000

33,440

3.90%,

9/01/2042

215,000

189,922

Ingersoll

Rand,

Inc.

5.40%,

8/14/2028

25,000

25,614

5.70%,

8/14/2033

20,000

20,914

Jabil,

Inc.

4.25%,

5/15/2027

50,000

48,890

3.95%,

1/12/2028

10,000

9,551

Jacobs

Engineering

Group,

Inc.

6.35%,

8/18/2028

10,000

10,447

5.90%,

3/01/2033

50,000

50,919

JB

Hunt

Transport

Services,

Inc.

,

3.88%

,

3/01/2026

37,000

36,220

John

Deere

Capital

Corp.

2.13%,

3/07/2025

300,000

291,506

3.40%,

6/06/2025

505,000

496,734

4.95%,

6/06/2025

10,000

10,035

4.80%,

1/09/2026

183,000

184,089

4.75%,

6/08/2026

10,000

10,066

1.05%,

6/17/2026

35,000

32,309

5.15%,

9/08/2026

10,000

10,178

2.25%,

9/14/2026

85,000

80,317

1.70%,

1/11/2027

60,000

55,562

2.35%,

3/08/2027

(a)

50,000

47,015

4.15%,

9/15/2027

135,000

134,028

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Industrial

–

1.9%

(continued)

John

Deere

Capital

Corp.

(continued)

4.90%,

3/03/2028

35,000

35,589

4.95%,

7/14/2028

49,000

50,073

2.80%,

7/18/2029

50,000

46,091

2.45%,

1/09/2030

25,000

22,381

4.70%,

6/10/2030

215,000

217,415

1.45%,

1/15/2031

125,000

102,458

Series

I,

5.15%,

9/08/2033

20,000

20,782

Johnson

Controls

International

PLC

,

4.50%

,

2/15/2047

200,000

177,468

Keysight

Technologies,

Inc.

,

3.00%

,

10/30/2029

88,000

79,414

Kirby

Corp.

,

4.20%

,

3/01/2028

65,000

63,125

L3Harris

Technologies,

Inc.

3.83%,

4/27/2025

316,000

310,948

4.40%,

6/15/2028

100,000

98,580

4.40%,

6/15/2028

100,000

98,859

2.90%,

12/15/2029

80,000

72,242

Lafarge

SA

,

7.13%

,

7/15/2036

40,000

45,634

Lennox

International,

Inc.

,

5.50%

,

9/15/2028

20,000

20,502

Lockheed

Martin

Corp.

3.55%,

1/15/2026

54,000

53,045

5.10%,

11/15/2027

120,000

123,071

5.25%,

1/15/2033

100,000

104,550

4.75%,

2/15/2034

174,000

174,706

4.50%,

5/15/2036

125,000

122,174

4.07%,

12/15/2042

75,000

66,698

3.80%,

3/01/2045

90,000

75,961

4.09%,

9/15/2052

100,000

86,118

4.15%,

6/15/2053

250,000

216,428

5.70%,

11/15/2054

90,000

98,139

Martin

Marietta

Materials,

Inc.

3.50%,

12/15/2027

25,000

24,018

4.25%,

12/15/2047

65,000

56,510

3.20%,

7/15/2051

50,000

35,958

Masco

Corp.

,

2.00%

,

10/01/2030

345,000

285,416

Mohawk

Industries,

Inc.

5.85%,

9/18/2028

20,000

20,713

3.63%,

5/15/2030

10,000

9,284

Nordson

Corp.

,

5.80%

,

9/15/2033

10,000

10,569

Norfolk

Southern

Corp.

2.55%,

11/01/2029

240,000

215,317

5.05%,

8/01/2030

200,000

203,804

2.30%,

5/15/2031

135,000

115,023

4.45%,

3/01/2033

110,000

107,370

4.84%,

10/01/2041

50,000

47,715

4.45%,

6/15/2045

25,000

22,239

4.15%,

2/28/2048

50,000

42,297

3.05%,

5/15/2050

290,000

201,785

2.90%,

8/25/2051

50,000

33,238

4.05%,

8/15/2052

145,000

120,144

4.55%,

6/01/2053

85,000

76,567

5.35%,

8/01/2054

50,000

50,820

Northrop

Grumman

Corp.

3.20%,

2/01/2027

15,000

14,466

3.25%,

1/15/2028

90,000

85,769

5.05%,

11/15/2040

20,000

19,678

4.75%,

6/01/2043

35,000

33,177

4.03%,

10/15/2047

100,000

84,737

78

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Industrial

–

1.9%

(continued)

Northrop

Grumman

Corp.

(continued)

5.25%,

5/01/2050

79,000

79,525

nVent

Finance

Sarl

,

2.75%

,

11/15/2031

100,000

82,980

Oshkosh

Corp.

,

3.10%

,

3/01/2030

105,000

94,222

Otis

Worldwide

Corp.

2.06%,

4/05/2025

146,000

140,800

2.29%,

4/05/2027

40,000

37,336

5.25%,

8/16/2028

147,000

150,336

3.36%,

2/15/2050

50,000

37,525

Owens

Corning

3.40%,

8/15/2026

199,000

191,500

3.88%,

6/01/2030

70,000

65,609

Packaging

Corp.

of

America

3.40%,

12/15/2027

45,000

43,022

3.00%,

12/15/2029

103,000

93,369

4.05%,

12/15/2049

45,000

36,276

Parker-Hannifin

Corp.

3.25%,

6/14/2029

25,000

23,405

4.50%,

9/15/2029

260,000

259,883

4.10%,

3/01/2047

70,000

60,010

Regal

Rexnord

Corp.

6.05%,

2/15/2026

(b)

50,000

50,496

6.05%,

4/15/2028

(b)

410,000

415,732

6.30%,

2/15/2030

(b)

50,000

51,328

6.40%,

4/15/2033

(b)

17,000

17,638

Republic

Services,

Inc.

3.38%,

11/15/2027

23,000

22,102

2.30%,

3/01/2030

50,000

43,737

5.00%,

4/01/2034

100,000

101,086

3.05%,

3/01/2050

25,000

17,803

Rockwell

Automation,

Inc.

,

2.80%

,

8/15/2061

162,000

101,171

RTX

Corp.

3.95%,

8/16/2025

454,000

447,924

5.75%,

11/08/2026

50,000

51,290

3.50%,

3/15/2027

250,000

241,173

3.13%,

5/04/2027

58,000

55,223

4.13%,

11/16/2028

80,000

77,967

5.75%,

1/15/2029

50,000

52,157

2.25%,

7/01/2030

200,000

172,821

6.00%,

3/15/2031

50,000

53,139

1.90%,

9/01/2031

75,000

60,891

2.38%,

3/15/2032

77,000

64,000

6.10%,

3/15/2034

50,000

54,276

6.05%,

6/01/2036

20,000

21,431

4.45%,

11/16/2038

700,000

644,024

4.50%,

6/01/2042

27,000

24,694

4.80%,

12/15/2043

31,000

28,769

4.15%,

5/15/2045

130,000

111,169

4.35%,

4/15/2047

205,000

178,577

4.05%,

5/04/2047

200,000

166,905

4.63%,

11/16/2048

55,000

49,730

2.82%,

9/01/2051

130,000

84,653

3.03%,

3/15/2052

100,000

68,187

5.38%,

2/27/2053

50,000

50,352

6.40%,

3/15/2054

50,000

57,525

Ryder

System,

Inc.

4.63%,

6/01/2025

82,000

81,475

5.65%,

3/01/2028

45,000

46,332

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Industrial

–

1.9%

(continued)

Ryder

System,

Inc.

(continued)

5.25%,

6/01/2028

225,000

228,790

Snap-On,

Inc.

3.25%,

3/01/2027

25,000

24,139

4.10%,

3/01/2048

35,000

30,117

Sonoco

Products

Co.

2.25%,

2/01/2027

15,000

13,895

2.85%,

2/01/2032

101,000

86,738

Stanley

Black

&

Decker,

Inc.

3.40%,

3/01/2026

46,000

44,594

6.00%,

3/06/2028

150,000

157,135

4.25%,

11/15/2028

362,000

353,635

2.30%,

3/15/2030

75,000

64,053

Teledyne

Technologies,

Inc.

,

1.60%

,

4/01/2026

45,000

41,887

Textron,

Inc.

4.00%,

3/15/2026

25,000

24,548

3.65%,

3/15/2027

40,000

38,605

3.38%,

3/01/2028

84,000

79,441

6.10%,

11/15/2033

50,000

53,322

Trane

Technologies

Global

Holding

Co.

Ltd.

3.75%,

8/21/2028

10,000

9,700

5.75%,

6/15/2043

26,000

27,640

4.30%,

2/21/2048

80,000

70,032

Tyco

Electronics

Group

SA

,

3.13%

,

8/15/2027

135,000

128,984

Union

Pacific

Corp.

3.75%,

7/15/2025

30,000

29,574

3.00%,

4/15/2027

67,000

64,053

3.95%,

9/10/2028

95,000

93,821

3.70%,

3/01/2029

38,000

36,859

2.40%,

2/05/2030

164,000

145,426

2.80%,

2/14/2032

190,000

166,899

3.60%,

9/15/2037

50,000

44,063

3.55%,

8/15/2039

128,000

109,121

3.20%,

5/20/2041

115,000

91,020

4.05%,

3/01/2046

125,000

105,976

3.35%,

8/15/2046

35,000

26,154

4.00%,

4/15/2047

100,000

83,126

4.50%,

9/10/2048

196,000

176,848

4.30%,

3/01/2049

60,000

52,368

3.25%,

2/05/2050

75,000

56,113

3.50%,

2/14/2053

140,000

108,752

4.95%,

5/15/2053

10,000

9,937

3.95%,

8/15/2059

80,000

64,765

4.10%,

9/15/2067

15,000

12,309

3.75%,

2/05/2070

50,000

38,265

3.80%,

4/06/2071

50,000

38,540

3.85%,

2/14/2072

15,000

11,625

United

Parcel

Service,

Inc.

3.90%,

4/01/2025

50,000

49,456

3.05%,

11/15/2027

145,000

138,548

2.50%,

9/01/2029

200,000

181,545

4.88%,

3/03/2033

367,000

373,759

4.25%,

3/15/2049

202,000

179,747

5.30%,

4/01/2050

135,000

140,563

5.05%,

3/03/2053

117,000

118,319

Veralto

Corp.

5.50%,

9/18/2026

(b)

25,000

25,333

5.35%,

9/18/2028

(b)

15,000

15,295

79

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Industrial

–

1.9%

(continued)

Veralto

Corp.

(continued)

5.45%,

9/18/2033

(b)

25,000

25,653

Vontier

Corp.

1.80%,

4/01/2026

70,000

64,644

2.40%,

4/01/2028

35,000

30,805

2.95%,

4/01/2031

215,000

179,594

Vulcan

Materials

Co.

3.90%,

4/01/2027

55,000

53,428

4.70%,

3/01/2048

50,000

45,925

Waste

Connections,

Inc.

3.20%,

6/01/2032

110,000

97,769

3.05%,

4/01/2050

70,000

49,175

Waste

Management,

Inc.

3.13%,

3/01/2025

75,000

73,526

0.75%,

11/15/2025

83,000

77,362

3.15%,

11/15/2027

30,000

28,685

2.00%,

6/01/2029

74,000

65,312

4.15%,

4/15/2032

215,000

207,112

4.10%,

3/01/2045

25,000

22,027

4.15%,

7/15/2049

15,000

13,184

2.50%,

11/15/2050

20,000

12,888

Westinghouse

Air

Brake

Technologies

Corp.

3.20%,

6/15/2025

60,000

58,337

3.45%,

11/15/2026

150,000

144,216

4.70%,

9/15/2028

300,000

297,186

WRKCo,

Inc.

4.65%,

3/15/2026

245,000

243,293

4.00%,

3/15/2028

50,000

48,244

Xylem,

Inc.

3.25%,

11/01/2026

12,000

11,581

4.38%,

11/01/2046

25,000

21,861

31,866,008

Technology

–

1.9%

Adobe,

Inc.

,

2.15%

,

2/01/2027

240,000

225,434

Amdocs

Ltd.

,

2.54%

,

6/15/2030

140,000

120,811

Analog

Devices,

Inc.

2.95%,

4/01/2025

65,000

63,666

3.45%,

6/15/2027

142,000

137,662

2.95%,

10/01/2051

80,000

55,680

Apple,

Inc.

1.13%,

5/11/2025

15,000

14,360

3.20%,

5/13/2025

125,000

122,785

4.42%,

5/08/2026

15,000

14,991

2.45%,

8/04/2026

200,000

190,992

3.35%,

2/09/2027

281,000

273,529

3.20%,

5/11/2027

25,000

24,151

3.00%,

6/20/2027

110,000

105,604

2.90%,

9/12/2027

62,000

59,213

3.00%,

11/13/2027

25,000

23,950

4.00%,

5/10/2028

250,000

248,524

1.40%,

8/05/2028

105,000

93,092

3.25%,

8/08/2029

166,000

157,997

2.20%,

9/11/2029

150,000

134,813

4.15%,

5/10/2030

116,000

115,883

1.65%,

5/11/2030

350,000

298,675

1.25%,

8/20/2030

138,000

114,180

1.65%,

2/08/2031

310,000

259,424

1.70%,

8/05/2031

50,000

41,441

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Technology

–

1.9%

(continued)

Apple,

Inc.

(continued)

3.35%,

8/08/2032

155,000

143,938

4.30%,

5/10/2033

(a)

15,000

15,110

2.38%,

2/08/2041

60,000

43,672

3.85%,

5/04/2043

411,000

364,301

4.65%,

2/23/2046

257,000

252,322

3.85%,

8/04/2046

216,000

186,474

2.95%,

9/11/2049

300,000

216,316

2.65%,

5/11/2050

535,000

361,553

2.65%,

2/08/2051

251,000

168,342

2.70%,

8/05/2051

300,000

202,097

3.95%,

8/08/2052

75,000

64,288

4.85%,

5/10/2053

(a)

85,000

85,332

2.55%,

8/20/2060

(a)

50,000

32,232

2.80%,

2/08/2061

10,000

6,651

2.85%,

8/05/2061

100,000

66,811

Applied

Materials,

Inc.

1.75%,

6/01/2030

180,000

153,382

5.10%,

10/01/2035

30,000

31,197

4.35%,

4/01/2047

75,000

69,225

2.75%,

6/01/2050

10,000

6,961

AutoDesk,

Inc.

,

2.85%

,

1/15/2030

91,000

82,278

Booz

Allen

Hamilton,

Inc.

,

5.95%

,

8/04/2033

15,000

15,771

Broadcom

Corp.

/

Broadcom

Cayman

Finance

Ltd.

3.88%,

1/15/2027

180,000

175,733

3.50%,

1/15/2028

337,000

321,929

Broadcom,

Inc.

3.15%,

11/15/2025

125,000

121,225

1.95%,

2/15/2028

(b)

30,000

26,895

4.11%,

9/15/2028

200,000

194,625

4.00%,

4/15/2029

(b)

50,000

48,110

2.45%,

2/15/2031

(b)

330,000

280,410

4.15%,

4/15/2032

(b)

115,000

108,219

4.30%,

11/15/2032

77,000

73,177

2.60%,

2/15/2033

(b)

70,000

57,538

3.42%,

4/15/2033

(b)

95,000

83,349

3.47%,

4/15/2034

(b)

1,000,000

868,864

3.19%,

11/15/2036

(b)

125,000

101,429

4.93%,

5/15/2037

(b)

50,000

48,173

3.50%,

2/15/2041

(b)

205,000

163,561

3.75%,

2/15/2051

(b)

65,000

51,043

Broadridge

Financial

Solutions,

Inc.

,

3.40%

,

6/27/2026

155,000

149,549

CDW

LLC

/

CDW

Finance

Corp.

4.13%,

5/01/2025

35,000

34,413

2.67%,

12/01/2026

55,000

51,492

4.25%,

4/01/2028

50,000

47,946

3.28%,

12/01/2028

198,000

181,194

CGI,

Inc.

,

1.45%

,

9/14/2026

115,000

104,907

Concentrix

Corp.

6.65%,

8/02/2026

15,000

15,353

6.60%,

8/02/2028

310,000

318,570

Dell

International

LLC

/

EMC

Corp.

5.85%,

7/15/2025

478,000

482,844

4.90%,

10/01/2026

100,000

100,044

5.30%,

10/01/2029

168,000

172,091

6.20%,

7/15/2030

110,000

117,172

3.38%,

12/15/2041

20,000

15,181

80

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Technology

–

1.9%

(continued)

Dell

International

LLC

/

EMC

Corp.

(continued)

8.35%,

7/15/2046

100,000

130,443

3.45%,

12/15/2051

40,000

28,528

DXC

Technology

Co.

,

1.80%

,

9/15/2026

45,000

41,105

Electronic

Arts,

Inc.

,

1.85%

,

2/15/2031

25,000

20,767

Fidelity

National

Information

Services,

Inc.

4.50%,

7/15/2025

50,000

49,721

1.15%,

3/01/2026

15,000

13,947

4.70%,

7/15/2027

162,000

162,492

1.65%,

3/01/2028

(a)

480,000

429,554

5.10%,

7/15/2032

96,000

97,815

3.10%,

3/01/2041

50,000

37,093

Fiserv,

Inc.

3.20%,

7/01/2026

127,000

122,446

5.45%,

3/02/2028

25,000

25,647

5.38%,

8/21/2028

65,000

66,635

4.20%,

10/01/2028

150,000

146,362

3.50%,

7/01/2029

188,000

176,160

5.60%,

3/02/2033

482,000

499,497

5.63%,

8/21/2033

25,000

26,026

4.40%,

7/01/2049

130,000

113,123

Fortinet,

Inc.

,

1.00%

,

3/15/2026

65,000

59,868

Hewlett

Packard

Enterprise

Co.

4.90%,

10/15/2025

199,000

198,248

5.25%,

7/01/2028

(a)

10,000

10,161

6.20%,

10/15/2035

50,000

53,598

6.35%,

10/15/2045

80,000

85,205

HP,

Inc.

2.20%,

6/17/2025

215,000

206,491

1.45%,

6/17/2026

150,000

138,176

3.00%,

6/17/2027

220,000

207,912

4.75%,

1/15/2028

20,000

19,992

6.00%,

9/15/2041

(a)

113,000

118,286

Intel

Corp.

3.40%,

3/25/2025

100,000

98,403

4.88%,

2/10/2026

115,000

115,676

2.60%,

5/19/2026

75,000

71,863

3.15%,

5/11/2027

55,000

52,853

4.88%,

2/10/2028

260,000

263,177

2.45%,

11/15/2029

155,000

138,683

5.13%,

2/10/2030

50,000

51,511

3.90%,

3/25/2030

150,000

144,042

4.00%,

12/15/2032

31,000

29,512

5.20%,

2/10/2033

(a)

550,000

566,434

4.60%,

3/25/2040

95,000

91,559

2.80%,

8/12/2041

50,000

37,027

5.63%,

2/10/2043

75,000

79,463

4.10%,

5/19/2046

9,000

7,827

3.73%,

12/08/2047

500,000

399,045

4.75%,

3/25/2050

150,000

138,821

4.90%,

8/05/2052

70,000

67,091

5.70%,

2/10/2053

70,000

73,710

3.10%,

2/15/2060

120,000

79,261

5.05%,

8/05/2062

75,000

71,920

5.90%,

2/10/2063

125,000

135,260

International

Business

Machines

Corp.

4.00%,

7/27/2025

160,000

158,303

3.45%,

2/19/2026

100,000

97,658

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Technology

–

1.9%

(continued)

International

Business

Machines

Corp.

(continued)

3.30%,

1/27/2027

315,000

303,856

1.70%,

5/15/2027

50,000

45,644

4.15%,

7/27/2027

182,000

179,505

4.50%,

2/06/2028

215,000

215,229

4.15%,

5/15/2039

100,000

90,559

2.85%,

5/15/2040

150,000

111,976

4.00%,

6/20/2042

110,000

95,706

4.70%,

2/19/2046

210,000

195,018

2.95%,

5/15/2050

160,000

108,899

4.90%,

7/27/2052

200,000

191,059

5.10%,

2/06/2053

65,000

63,803

7.13%,

12/01/2096

125,000

157,479

Intuit,

Inc.

0.95%,

7/15/2025

220,000

208,107

5.25%,

9/15/2026

15,000

15,286

1.35%,

7/15/2027

10,000

9,033

5.13%,

9/15/2028

175,000

179,694

1.65%,

7/15/2030

69,000

57,698

5.20%,

9/15/2033

25,000

25,926

5.50%,

9/15/2053

85,000

90,627

KLA

Corp.

4.10%,

3/15/2029

50,000

49,407

5.00%,

3/15/2049

50,000

49,058

3.30%,

3/01/2050

80,000

59,637

4.95%,

7/15/2052

26,000

25,497

5.25%,

7/15/2062

20,000

20,304

Kyndryl

Holdings,

Inc.

2.70%,

10/15/2028

50,000

43,927

3.15%,

10/15/2031

132,000

109,990

4.10%,

10/15/2041

25,000

18,855

LAM

Research

Corp.

2.88%,

6/15/2050

25,000

17,503

3.13%,

6/15/2060

115,000

78,076

Marvell

Technology,

Inc.

5.75%,

2/15/2029

10,000

10,362

5.95%,

9/15/2033

10,000

10,555

Micron

Technology,

Inc.

4.19%,

2/15/2027

225,000

220,402

5.38%,

4/15/2028

10,000

10,174

6.75%,

11/01/2029

140,000

151,144

4.66%,

2/15/2030

48,000

47,119

5.88%,

2/09/2033

50,000

52,020

5.88%,

9/15/2033

15,000

15,600

3.37%,

11/01/2041

150,000

113,605

Microsoft

Corp.

2.70%,

2/12/2025

120,000

117,560

3.13%,

11/03/2025

21,000

20,535

2.40%,

8/08/2026

825,000

787,238

3.40%,

9/15/2026

(b)

30,000

29,292

3.30%,

2/06/2027

369,000

360,126

1.35%,

9/15/2030

(b)

75,000

62,612

4.20%,

11/03/2035

50,000

49,512

4.50%,

10/01/2040

25,000

25,293

4.45%,

11/03/2045

55,000

54,346

3.70%,

8/08/2046

115,000

99,349

4.25%,

2/06/2047

90,000

86,048

4.50%,

6/15/2047

(b)

25,000

24,200

81

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Technology

–

1.9%

(continued)

Microsoft

Corp.

(continued)

2.53%,

6/01/2050

539,000

359,026

2.92%,

3/17/2052

245,000

176,058

4.00%,

2/12/2055

150,000

131,854

3.95%,

8/08/2056

125,000

108,752

3.04%,

3/17/2062

81,000

56,870

NetApp,

Inc.

,

1.88%

,

6/22/2025

65,000

62,007

NVIDIA

Corp.

1.55%,

6/15/2028

175,000

156,826

2.85%,

4/01/2030

124,000

113,793

2.00%,

6/15/2031

235,000

200,463

3.50%,

4/01/2040

125,000

107,731

3.50%,

4/01/2050

40,000

32,541

NXP

BV

/

NXP

Funding

LLC

,

5.55%

,

12/01/2028

40,000

41,070

NXP

BV

/

NXP

Funding

LLC

/

NXP

USA,

Inc.

2.70%,

5/01/2025

105,000

101,564

3.88%,

6/18/2026

45,000

43,878

4.30%,

6/18/2029

20,000

19,381

2.65%,

2/15/2032

26,000

21,729

3.25%,

5/11/2041

152,000

115,026

3.25%,

11/30/2051

80,000

55,469

Oracle

Corp.

2.50%,

4/01/2025

35,000

33,947

2.95%,

5/15/2025

150,000

145,994

5.80%,

11/10/2025

30,000

30,449

1.65%,

3/25/2026

50,000

46,733

2.65%,

7/15/2026

245,000

232,618

2.80%,

4/01/2027

322,000

303,667

3.25%,

11/15/2027

210,000

199,185

2.30%,

3/25/2028

125,000

113,445

2.95%,

4/01/2030

22,000

19,786

2.88%,

3/25/2031

10,000

8,797

6.25%,

11/09/2032

47,000

50,687

4.90%,

2/06/2033

300,000

296,859

4.30%,

7/08/2034

200,000

186,271

3.90%,

5/15/2035

163,000

144,491

3.85%,

7/15/2036

225,000

195,724

3.80%,

11/15/2037

170,000

145,406

6.13%,

7/08/2039

50,000

53,315

3.60%,

4/01/2040

500,000

397,773

4.50%,

7/08/2044

25,000

21,786

4.13%,

5/15/2045

200,000

164,145

4.00%,

11/15/2047

130,000

103,195

3.60%,

4/01/2050

185,000

135,866

3.95%,

3/25/2051

400,000

310,415

5.55%,

2/06/2053

150,000

148,903

3.85%,

4/01/2060

525,000

380,340

QUALCOMM,

Inc.

2.15%,

5/20/2030

100,000

87,321

4.65%,

5/20/2035

50,000

50,283

4.80%,

5/20/2045

277,000

271,672

4.30%,

5/20/2047

205,000

185,575

4.50%,

5/20/2052

75,000

68,513

6.00%,

5/20/2053

60,000

68,053

Roper

Technologies,

Inc.

1.00%,

9/15/2025

70,000

65,691

3.85%,

12/15/2025

50,000

49,162

3.80%,

12/15/2026

15,000

14,655

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Technology

–

1.9%

(continued)

Roper

Technologies,

Inc.

(continued)

4.20%,

9/15/2028

100,000

97,830

1.75%,

2/15/2031

125,000

101,860

Salesforce,

Inc.

3.70%,

4/11/2028

615,000

602,413

2.70%,

7/15/2041

100,000

74,426

2.90%,

7/15/2051

75,000

51,923

ServiceNow,

Inc.

,

1.40%

,

9/01/2030

207,000

169,833

Take-Two

Interactive

Software,

Inc.

3.55%,

4/14/2025

50,000

49,044

5.00%,

3/28/2026

65,000

65,248

3.70%,

4/14/2027

35,000

34,009

4.95%,

3/28/2028

129,000

129,932

Teledyne

FLIR

LLC

,

2.50%

,

8/01/2030

25,000

21,523

Texas

Instruments,

Inc.

1.13%,

9/15/2026

50,000

46,038

2.90%,

11/03/2027

14,000

13,295

4.60%,

2/15/2028

45,000

45,490

2.25%,

9/04/2029

(a)

38,000

34,093

1.90%,

9/15/2031

(a)

50,000

42,088

4.15%,

5/15/2048

350,000

306,925

5.00%,

3/14/2053

65,000

64,821

5.05%,

5/18/2063

85,000

84,110

TSMC

Arizona

Corp.

1.75%,

10/25/2026

480,000

443,623

2.50%,

10/25/2031

200,000

170,529

3.25%,

10/25/2051

75,000

57,242

VMware

LLC

4.50%,

5/15/2025

55,000

54,561

1.40%,

8/15/2026

50,000

45,748

1.80%,

8/15/2028

45,000

39,482

4.70%,

5/15/2030

22,000

21,648

2.20%,

8/15/2031

210,000

173,274

Western

Digital

Corp.

,

3.10%

,

2/01/2032

300,000

238,727

Xilinx,

Inc.

,

2.38%

,

6/01/2030

40,000

35,491

31,348,979

Utilities

–

2.2%

AEP

Texas,

Inc.

Series

I,

2.10%,

7/01/2030

115,000

96,795

3.80%,

10/01/2047

54,000

40,228

5.25%,

5/15/2052

95,000

91,396

AEP

Transmission

Co.

LLC

4.25%,

9/15/2048

90,000

76,404

3.80%,

6/15/2049

30,000

23,517

AES

Corp.

(The)

1.38%,

1/15/2026

200,000

185,372

5.45%,

6/01/2028

305,000

308,957

2.45%,

1/15/2031

50,000

41,744

Alabama

Power

Co.

3.94%,

9/01/2032

110,000

103,459

5.85%,

11/15/2033

500,000

535,333

3.75%,

3/01/2045

50,000

40,466

3.45%,

10/01/2049

250,000

187,404

3.13%,

7/15/2051

15,000

10,502

Ameren

Corp.

3.65%,

2/15/2026

35,000

34,072

5.70%,

12/01/2026

50,000

51,137

1.75%,

3/15/2028

50,000

44,320

82

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

Ameren

Illinois

Co.

1.55%,

11/15/2030

10,000

8,172

3.85%,

9/01/2032

20,000

18,609

2.90%,

6/15/2051

110,000

73,716

American

Electric

Power

Co.,

Inc.

5.75%,

11/01/2027

200,000

206,109

Series

J,

4.30%,

12/01/2028

40,000

39,083

2.30%,

3/01/2030

150,000

128,898

5.63%,

3/01/2033

265,000

273,190

American

Water

Capital

Corp.

2.95%,

9/01/2027

100,000

94,380

3.75%,

9/01/2028

54,000

52,117

3.45%,

6/01/2029

26,000

24,588

2.80%,

5/01/2030

25,000

22,390

6.59%,

10/15/2037

60,000

69,538

4.00%,

12/01/2046

25,000

21,132

3.75%,

9/01/2047

65,000

52,683

Arizona

Public

Service

Co.

2.60%,

8/15/2029

350,000

313,294

2.20%,

12/15/2031

185,000

151,114

4.25%,

3/01/2049

50,000

39,681

3.50%,

12/01/2049

65,000

45,705

Atmos

Energy

Corp.

5.90%,

11/15/2033

10,000

10,814

4.13%,

3/15/2049

115,000

97,703

3.38%,

9/15/2049

50,000

37,247

2.85%,

2/15/2052

110,000

73,115

6.20%,

11/15/2053

10,000

11,445

Avangrid,

Inc.

,

3.80%

,

6/01/2029

15,000

14,106

Avista

Corp.

,

4.00%

,

4/01/2052

60,000

46,986

Baltimore

Gas

&

Electric

Co.

3.50%,

8/15/2046

120,000

90,780

5.40%,

6/01/2053

10,000

10,146

Berkshire

Hathaway

Energy

Co.

3.70%,

7/15/2030

142,000

133,344

1.65%,

5/15/2031

125,000

100,514

6.13%,

4/01/2036

275,000

297,562

4.50%,

2/01/2045

200,000

183,393

4.45%,

1/15/2049

150,000

129,770

2.85%,

5/15/2051

85,000

56,457

Black

Hills

Corp.

3.95%,

1/15/2026

95,000

92,714

3.15%,

1/15/2027

15,000

14,274

3.05%,

10/15/2029

507,000

458,268

6.15%,

5/15/2034

110,000

115,520

CenterPoint

Energy

Houston

Electric

LLC

5.20%,

10/01/2028

10,000

10,248

3.95%,

3/01/2048

500,000

415,715

Series

AD,

2.90%,

7/01/2050

115,000

78,693

CenterPoint

Energy

Resources

Corp.

5.25%,

3/01/2028

175,000

179,036

1.75%,

10/01/2030

97,000

80,946

CenterPoint

Energy,

Inc.

5.25%,

8/10/2026

10,000

10,137

3.70%,

9/01/2049

20,000

14,963

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

Cleveland

Electric

Illuminating

Co.

(The)

,

5.95%

,

12/15/2036

30,000

30,552

Commonwealth

Edison

Co.

2.55%,

6/15/2026

135,000

128,987

3.70%,

8/15/2028

25,000

24,153

3.70%,

3/01/2045

100,000

80,206

Series

123,

3.75%,

8/15/2047

100,000

79,180

4.00%,

3/01/2048

20,000

16,590

4.00%,

3/01/2049

20,000

16,432

5.30%,

2/01/2053

100,000

100,593

Connecticut

Light

&

Power

Co.

(The)

Series

A,

3.20%,

3/15/2027

175,000

167,936

Series

A,

2.05%,

7/01/2031

110,000

90,984

4.30%,

4/15/2044

200,000

175,987

5.25%,

1/15/2053

42,000

41,904

Consolidated

Edison

Co.

of

New

York,

Inc.

Series

20A,

3.35%,

4/01/2030

50,000

46,598

2.40%,

6/15/2031

325,000

278,799

4.50%,

12/01/2045

200,000

178,125

Series

E,

4.65%,

12/01/2048

100,000

89,625

6.15%,

11/15/2052

100,000

112,245

4.63%,

12/01/2054

30,000

26,775

Series

C,

4.30%,

12/01/2056

25,000

20,987

Series

C,

4.00%,

11/15/2057

50,000

40,071

4.50%,

5/15/2058

75,000

65,276

3.70%,

11/15/2059

90,000

66,271

Series

C,

3.00%,

12/01/2060

20,000

12,727

3.60%,

6/15/2061

200,000

148,511

Constellation

Energy

Generation

LLC

3.25%,

6/01/2025

255,000

248,292

6.13%,

1/15/2034

45,000

48,063

5.75%,

10/01/2041

30,000

29,904

5.60%,

6/15/2042

55,000

54,680

6.50%,

10/01/2053

55,000

61,439

Consumers

Energy

Co.

4.90%,

2/15/2029

10,000

10,156

4.63%,

5/15/2033

50,000

49,499

3.50%,

8/01/2051

100,000

77,355

4.20%,

9/01/2052

195,000

167,907

Delmarva

Power

&

Light

Co.

,

4.15%

,

5/15/2045

50,000

41,536

Dominion

Energy

South

Carolina,

Inc.

5.45%,

2/01/2041

25,000

25,198

4.60%,

6/15/2043

50,000

45,433

6.25%,

10/15/2053

10,000

11,361

5.10%,

6/01/2065

50,000

47,182

Dominion

Energy,

Inc.

Series

A,

1.45%,

4/15/2026

85,000

78,938

Series

D,

2.85%,

8/15/2026

100,000

94,799

Series

C,

3.38%,

4/01/2030

70,000

63,989

5.38%,

11/15/2032

25,000

25,381

7.00%,

6/15/2038

112,000

125,881

Series

B,

3.30%,

4/15/2041

25,000

18,922

Series

C,

4.90%,

8/01/2041

25,000

22,929

DTE

Electric

Co.

Series

A,

1.90%,

4/01/2028

10,000

9,079

3.70%,

3/15/2045

120,000

96,634

DTE

Energy

Co.

2.85%,

10/01/2026

20,000

18,952

83

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

DTE

Energy

Co.

(continued)

4.88%,

6/01/2028

20,000

20,035

Duke

Energy

Carolinas

LLC

2.95%,

12/01/2026

25,000

24,093

2.85%,

3/15/2032

115,000

99,706

4.95%,

1/15/2033

100,000

100,761

5.30%,

2/15/2040

50,000

50,374

4.25%,

12/15/2041

30,000

26,296

3.75%,

6/01/2045

75,000

59,449

3.88%,

3/15/2046

75,000

60,208

3.70%,

12/01/2047

50,000

38,717

5.35%,

1/15/2053

100,000

100,433

5.40%,

1/15/2054

29,000

29,321

Duke

Energy

Corp.

0.90%,

9/15/2025

105,000

98,499

5.00%,

12/08/2025

20,000

20,046

2.65%,

9/01/2026

308,000

292,847

5.00%,

12/08/2027

200,000

201,957

4.30%,

3/15/2028

15,000

14,718

2.45%,

6/01/2030

95,000

82,675

2.55%,

6/15/2031

50,000

42,487

5.75%,

9/15/2033

10,000

10,453

3.75%,

9/01/2046

40,000

30,733

4.20%,

6/15/2049

25,000

20,350

3.50%,

6/15/2051

62,000

44,656

5.00%,

8/15/2052

195,000

179,900

6.10%,

9/15/2053

85,000

91,356

Duke

Energy

Florida

LLC

3.80%,

7/15/2028

20,000

19,449

1.75%,

6/15/2030

100,000

83,443

2.40%,

12/15/2031

136,000

114,133

5.88%,

11/15/2033

550,000

588,932

6.20%,

11/15/2053

50,000

55,951

Duke

Energy

Indiana

LLC

3.75%,

5/15/2046

173,000

135,894

Series

YYY,

3.25%,

10/01/2049

25,000

17,680

Duke

Energy

Ohio,

Inc.

,

3.70%

,

6/15/2046

50,000

38,821

Duke

Energy

Progress

LLC

5.25%,

3/15/2033

50,000

51,149

4.38%,

3/30/2044

100,000

88,088

5.35%,

3/15/2053

200,000

199,989

Duke

Energy

Progress

NC

Storm

Funding

LLC

,

Series

A-3

,

2.80%

,

7/01/2041

50,000

36,871

Edison

International

4.13%,

3/15/2028

55,000

53,240

5.25%,

11/15/2028

10,000

10,089

El

Paso

Electric

Co.

,

6.00%

,

5/15/2035

28,000

28,310

Emera

US

Finance

LP

3.55%,

6/15/2026

10,000

9,606

2.64%,

6/15/2031

230,000

188,508

4.75%,

6/15/2046

50,000

41,282

ENEL

Americas

SA

,

4.00%

,

10/25/2026

50,000

48,447

ENEL

Chile

SA

,

4.88%

,

6/12/2028

100,000

98,765

Entergy

Arkansas

LLC

,

3.50%

,

4/01/2026

50,000

48,788

Entergy

Corp.

2.95%,

9/01/2026

72,000

68,584

2.80%,

6/15/2030

20,000

17,568

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

Entergy

Louisiana

LLC

2.40%,

10/01/2026

35,000

32,834

1.60%,

12/15/2030

10,000

8,042

3.05%,

6/01/2031

445,000

394,178

2.35%,

6/15/2032

101,000

83,614

4.00%,

3/15/2033

160,000

148,715

4.95%,

1/15/2045

80,000

73,955

4.20%,

9/01/2048

60,000

49,955

Entergy

Mississippi

LLC

,

2.85%

,

6/01/2028

30,000

27,830

Entergy

Texas,

Inc.

,

5.80%

,

9/01/2053

80,000

85,037

Essential

Utilities,

Inc.

2.70%,

4/15/2030

100,000

87,715

3.35%,

4/15/2050

15,000

10,746

Evergy

Kansas

Central,

Inc.

,

4.25%

,

12/01/2045

165,000

139,485

Evergy

Metro,

Inc.

,

Series

2020

,

2.25%

,

6/01/2030

40,000

34,467

Evergy,

Inc.

,

2.90%

,

9/15/2029

100,000

90,062

Eversource

Energy

Series

Q,

0.80%,

8/15/2025

80,000

74,761

4.75%,

5/15/2026

115,000

114,300

Series

U,

1.40%,

8/15/2026

31,000

28,349

5.45%,

3/01/2028

215,000

218,922

5.95%,

2/01/2029

50,000

51,996

Series

O,

4.25%,

4/01/2029

100,000

96,392

Series

R,

1.65%,

8/15/2030

100,000

80,833

5.13%,

5/15/2033

15,000

14,783

3.45%,

1/15/2050

120,000

84,527

Exelon

Corp.

3.40%,

4/15/2026

100,000

97,038

5.15%,

3/15/2028

248,000

251,521

Florida

Power

&

Light

Co.

4.45%,

5/15/2026

140,000

140,040

Series

A,

3.30%,

5/30/2027

30,000

28,727

5.05%,

4/01/2028

90,000

92,049

4.40%,

5/15/2028

245,000

245,597

4.63%,

5/15/2030

10,000

10,060

4.80%,

5/15/2033

15,000

15,056

5.96%,

4/01/2039

25,000

27,622

3.80%,

12/15/2042

50,000

42,340

4.05%,

10/01/2044

50,000

43,267

3.15%,

10/01/2049

25,000

17,984

2.88%,

12/04/2051

130,000

87,972

Georgia

Power

Co.

3.25%,

4/01/2026

50,000

48,211

4.65%,

5/16/2028

10,000

10,013

Series

B,

2.65%,

9/15/2029

300,000

270,282

4.30%,

3/15/2042

100,000

88,201

4.30%,

3/15/2043

25,000

21,593

5.13%,

5/15/2052

(a)

145,000

142,673

Idaho

Power

Co.

Series

K,

4.20%,

3/01/2048

25,000

20,978

5.80%,

4/01/2054

50,000

52,383

Indiana

Michigan

Power

Co.

4.25%,

8/15/2048

500,000

414,900

3.25%,

5/01/2051

50,000

34,785

5.63%,

4/01/2053

100,000

103,029

Interstate

Power

&

Light

Co.

2.30%,

6/01/2030

15,000

12,833

84

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

Interstate

Power

&

Light

Co.

(continued)

6.25%,

7/15/2039

40,000

42,987

Kentucky

Utilities

Co.

,

5.45%

,

4/15/2033

25,000

25,824

Louisville

Gas

&

Electric

Co.

,

4.25%

,

4/01/2049

130,000

108,784

MidAmerican

Energy

Co.

3.65%,

4/15/2029

310,000

296,986

5.80%,

10/15/2036

50,000

52,992

3.65%,

8/01/2048

50,000

39,185

4.25%,

7/15/2049

270,000

233,158

3.15%,

4/15/2050

50,000

35,391

2.70%,

8/01/2052

150,000

95,225

5.85%,

9/15/2054

20,000

21,859

Mississippi

Power

Co.

,

Series

12-A

,

4.25%

,

3/15/2042

20,000

17,106

National

Fuel

Gas

Co.

3.95%,

9/15/2027

20,000

19,133

2.95%,

3/01/2031

100,000

84,222

National

Grid

PLC

5.60%,

6/12/2028

10,000

10,295

5.81%,

6/12/2033

15,000

15,574

National

Grid

USA

,

5.80%

,

4/01/2035

25,000

25,455

National

Rural

Utilities

Cooperative

Finance

Corp.

3.45%,

6/15/2025

250,000

245,254

3.25%,

11/01/2025

330,000

321,508

4.45%,

3/13/2026

50,000

49,761

1.00%,

6/15/2026

45,000

41,242

4.80%,

3/15/2028

257,000

260,101

5.05%,

9/15/2028

95,000

96,867

1.35%,

3/15/2031

70,000

55,278

Nevada

Power

Co.

Series

CC,

3.70%,

5/01/2029

255,000

243,283

Series

EE,

3.13%,

8/01/2050

25,000

16,940

6.00%,

3/15/2054

10,000

10,756

NextEra

Energy

Capital

Holdings,

Inc.

4.45%,

6/20/2025

14,000

13,884

5.75%,

9/01/2025

40,000

40,397

1.88%,

1/15/2027

175,000

161,144

3.50%,

4/01/2029

85,000

79,992

2.75%,

11/01/2029

75,000

67,055

5.00%,

2/28/2030

80,000

80,504

2.25%,

6/01/2030

347,000

296,249

2.44%,

1/15/2032

240,000

199,227

5.00%,

7/15/2032

170,000

169,343

5.05%,

2/28/2033

(a)

160,000

159,612

3.00%,

1/15/2052

67,000

43,778

5.25%,

2/28/2053

90,000

86,506

3.80%,

3/15/2082

200,000

175,603

NiSource,

Inc.

3.49%,

5/15/2027

105,000

101,090

5.25%,

3/30/2028

10,000

10,203

5.95%,

6/15/2041

235,000

243,766

5.25%,

2/15/2043

35,000

34,187

4.80%,

2/15/2044

100,000

91,434

5.65%,

2/01/2045

50,000

50,151

4.38%,

5/15/2047

185,000

157,999

5.00%,

6/15/2052

176,000

163,750

Northern

States

Power

Co.

3.40%,

8/15/2042

25,000

19,648

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

Northern

States

Power

Co.

(continued)

4.00%,

8/15/2045

40,000

33,215

2.90%,

3/01/2050

35,000

23,956

5.10%,

5/15/2053

95,000

94,058

nStar

Electric

Co.

,

4.55%

,

6/01/2052

40,000

35,687

Oglethorpe

Power

Corp.

,

5.38%

,

11/01/2040

50,000

48,096

Oklahoma

Gas

&

Electric

Co.

3.80%,

8/15/2028

(a)

130,000

126,793

3.25%,

4/01/2030

150,000

136,440

5.40%,

1/15/2033

26,000

26,976

4.15%,

4/01/2047

85,000

69,905

3.85%,

8/15/2047

25,000

19,481

5.60%,

4/01/2053

60,000

62,315

Oncor

Electric

Delivery

Co.

LLC

0.55%,

10/01/2025

35,000

32,665

4.30%,

5/15/2028

10,000

9,866

3.70%,

11/15/2028

100,000

96,953

5.65%,

11/15/2033

50,000

52,998

3.80%,

9/30/2047

50,000

40,072

3.10%,

9/15/2049

155,000

110,424

4.95%,

9/15/2052

40,000

38,904

One

Gas,

Inc.

,

4.50%

,

11/01/2048

45,000

39,566

Pacific

Gas

&

Electric

Co.

4.95%,

6/08/2025

30,000

29,826

3.50%,

6/15/2025

30,000

29,211

3.15%,

1/01/2026

240,000

230,715

2.10%,

8/01/2027

160,000

144,785

3.00%,

6/15/2028

45,000

41,251

3.75%,

7/01/2028

205,400

193,335

4.65%,

8/01/2028

100,000

96,479

6.10%,

1/15/2029

15,000

15,539

4.55%,

7/01/2030

19,500

18,643

2.50%,

2/01/2031

335,000

278,065

3.25%,

6/01/2031

70,000

60,818

5.90%,

6/15/2032

110,000

112,401

6.40%,

6/15/2033

(a)

20,000

21,237

3.30%,

8/01/2040

30,000

22,230

4.20%,

6/01/2041

75,000

60,156

4.60%,

6/15/2043

100,000

83,741

4.00%,

12/01/2046

50,000

37,514

3.95%,

12/01/2047

50,000

37,266

4.95%,

7/01/2050

630,000

547,976

3.50%,

8/01/2050

225,000

157,066

5.25%,

3/01/2052

66,000

59,175

6.75%,

1/15/2053

110,000

121,243

PacifiCorp

6.00%,

1/15/2039

200,000

209,426

4.10%,

2/01/2042

35,000

28,701

4.13%,

1/15/2049

100,000

79,841

2.90%,

6/15/2052

205,000

130,077

5.50%,

5/15/2054

20,000

19,349

PECO

Energy

Co.

4.90%,

6/15/2033

209,000

210,763

5.95%,

10/01/2036

500,000

542,095

3.90%,

3/01/2048

500,000

414,047

3.00%,

9/15/2049

40,000

27,800

2.85%,

9/15/2051

50,000

33,201

85

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

PG&E

Energy

Recovery

Funding

LLC

,

Series

A-3

,

2.82%

,

7/15/2046

25,000

18,300

PG&E

Wildfire

Recovery

Funding

LLC

Series

A-1,

3.59%,

6/01/2030

57,630

55,391

Series

A-2,

4.72%,

6/01/2037

250,000

245,766

Series

A-4,

5.21%,

12/01/2047

160,000

160,632

Piedmont

Natural

Gas

Co.,

Inc.

2.50%,

3/15/2031

25,000

21,272

3.35%,

6/01/2050

130,000

89,199

Pinnacle

West

Capital

Corp.

,

1.30%

,

6/15/2025

245,000

232,813

PPL

Capital

Funding,

Inc.

,

3.10%

,

5/15/2026

65,000

62,493

PPL

Electric

Utilities

Corp.

,

5.25%

,

5/15/2053

110,000

110,837

Public

Service

Co.

of

Colorado

Series

17,

6.25%,

9/01/2037

10,000

10,830

3.60%,

9/15/2042

25,000

19,698

4.05%,

9/15/2049

30,000

23,953

Series

34,

3.20%,

3/01/2050

20,000

13,958

5.25%,

4/01/2053

500,000

490,848

Public

Service

Co.

of

New

Hampshire

,

5.15%

,

1/15/2053

100,000

99,212

Public

Service

Co.

of

Oklahoma

,

5.25%

,

1/15/2033

100,000

100,817

Public

Service

Electric

&

Gas

Co.

1.90%,

8/15/2031

385,000

315,231

4.90%,

12/15/2032

100,000

101,047

5.20%,

8/01/2033

10,000

10,367

3.65%,

9/01/2042

25,000

20,476

3.80%,

3/01/2046

25,000

20,544

3.85%,

5/01/2049

40,000

32,944

3.20%,

8/01/2049

110,000

80,240

5.45%,

8/01/2053

10,000

10,483

Public

Service

Enterprise

Group,

Inc.

0.80%,

8/15/2025

10,000

9,380

5.88%,

10/15/2028

15,000

15,696

1.60%,

8/15/2030

60,000

48,990

6.13%,

10/15/2033

10,000

10,677

Puget

Energy,

Inc.

3.65%,

5/15/2025

50,000

48,857

2.38%,

6/15/2028

50,000

44,742

4.10%,

6/15/2030

75,000

69,050

4.22%,

3/15/2032

260,000

236,723

Puget

Sound

Energy,

Inc.

5.80%,

3/15/2040

27,000

27,782

3.25%,

9/15/2049

184,000

128,582

2.89%,

9/15/2051

25,000

16,345

San

Diego

Gas

&

Electric

Co.

2.50%,

5/15/2026

55,000

52,541

4.95%,

8/15/2028

55,000

55,789

Series

XXX,

3.00%,

3/15/2032

100,000

88,514

Series

RRR,

3.75%,

6/01/2047

175,000

138,614

Series

TTT,

4.10%,

6/15/2049

10,000

8,288

Sempra

5.40%,

8/01/2026

236,000

238,764

3.25%,

6/15/2027

68,000

64,505

5.50%,

8/01/2033

10,000

10,200

6.00%,

10/15/2039

270,000

283,414

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

Sempra

Energy

,

3.80%

,

2/01/2038

160,000

135,840

Sierra

Pacific

Power

Co.

,

5.90%

,

3/15/2054

(b)

90,000

94,543

Southern

California

Edison

Co.

5.85%,

11/01/2027

60,000

62,408

2.85%,

8/01/2029

120,000

109,262

Series

G,

2.50%,

6/01/2031

275,000

234,738

5.95%,

11/01/2032

215,000

229,024

Series

05-E,

5.35%,

7/15/2035

40,000

40,748

4.50%,

9/01/2040

75,000

67,206

Series

13-A,

3.90%,

3/15/2043

50,000

40,561

4.65%,

10/01/2043

50,000

45,294

4.00%,

4/01/2047

500,000

404,990

Series

B,

4.88%,

3/01/2049

60,000

55,026

3.65%,

2/01/2050

105,000

79,900

5.88%,

12/01/2053

10,000

10,487

Southern

California

Gas

Co.

3.20%,

6/15/2025

210,000

205,438

2.95%,

4/15/2027

158,000

150,236

5.20%,

6/01/2033

10,000

10,238

3.75%,

9/15/2042

35,000

28,236

Series

VV,

4.30%,

1/15/2049

65,000

54,657

Series

WW,

3.95%,

2/15/2050

20,000

15,789

Southern

Co.

(The)

3.25%,

7/01/2026

333,000

321,372

4.85%,

6/15/2028

15,000

15,086

5.50%,

3/15/2029

10,000

10,348

Series

A,

3.70%,

4/30/2030

10,000

9,400

5.20%,

6/15/2033

15,000

15,176

5.70%,

3/15/2034

15,000

15,699

4.40%,

7/01/2046

105,000

92,299

Southern

Co.

Gas

Capital

Corp.

5.75%,

9/15/2033

10,000

10,456

4.40%,

5/30/2047

45,000

38,068

Series

21A,

3.15%,

9/30/2051

25,000

16,839

Southern

Power

Co.

,

5.25%

,

7/15/2043

20,000

18,878

Southwest

Gas

Corp.

2.20%,

6/15/2030

130,000

110,570

4.15%,

6/01/2049

17,000

13,221

Southwestern

Electric

Power

Co.

Series

N,

1.65%,

3/15/2026

125,000

116,857

Series

K,

2.75%,

10/01/2026

91,000

85,849

Series

J,

3.90%,

4/01/2045

40,000

31,124

Spire

Missouri,

Inc.

,

4.80%

,

2/15/2033

50,000

49,691

Tampa

Electric

Co.

2.40%,

3/15/2031

60,000

50,568

4.35%,

5/15/2044

22,000

18,852

3.63%,

6/15/2050

165,000

122,759

Toledo

Edison

Co.

(The)

,

6.15%

,

5/15/2037

25,000

27,104

Tucson

Electric

Power

Co.

1.50%,

8/01/2030

50,000

40,760

4.00%,

6/15/2050

60,000

46,971

5.50%,

4/15/2053

50,000

49,999

Union

Electric

Co.

2.95%,

3/15/2030

50,000

45,219

3.90%,

9/15/2042

50,000

41,809

4.00%,

4/01/2048

46,000

36,943

3.25%,

10/01/2049

82,000

56,869

5.45%,

3/15/2053

50,000

50,602

86

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

25.1%

(continued)

Utilities

–

2.2%

(continued)

Virginia

Electric

&

Power

Co.

Series

A,

3.15%,

1/15/2026

200,000

194,131

Series

B,

2.95%,

11/15/2026

30,000

28,748

Series

B,

3.75%,

5/15/2027

80,000

78,021

Series

A,

3.80%,

4/01/2028

50,000

48,538

5.30%,

8/15/2033

10,000

10,244

4.45%,

2/15/2044

115,000

101,589

Series

B,

3.80%,

9/15/2047

520,000

407,650

4.60%,

12/01/2048

20,000

17,751

2.45%,

12/15/2050

35,000

21,033

5.70%,

8/15/2053

60,000

62,744

Washington

Gas

Light

Co.

Series

K,

3.80%,

9/15/2046

15,000

11,489

3.65%,

9/15/2049

55,000

41,096

WEC

Energy

Group,

Inc.

5.00%,

9/27/2025

90,000

90,048

4.75%,

1/09/2026

25,000

24,943

5.60%,

9/12/2026

10,000

10,216

5.15%,

10/01/2027

200,000

202,622

4.75%,

1/15/2028

200,000

199,854

2.20%,

12/15/2028

65,000

57,939

Wisconsin

Power

&

Light

Co.

,

1.95%

,

9/16/2031

50,000

40,524

Xcel

Energy,

Inc.

3.30%,

6/01/2025

35,000

34,188

1.75%,

3/15/2027

70,000

64,056

4.00%,

6/15/2028

75,000

72,936

2.60%,

12/01/2029

10,000

8,934

5.45%,

8/15/2033

15,000

15,367

3.50%,

12/01/2049

125,000

90,648

37,533,885

Total

Corporate

Bonds

(cost

$430,265,833)

424,394,107

Foreign

Governmental

–

1.7%

Canada

Government

International

Bond

2.88%,

4/28/2025

(a)

755,000

739,547

0.75%,

5/19/2026

(a)

15,000

13,879

3.75%,

4/26/2028

(a)

450,000

445,764

Chile

Government

International

Bond

2.75%,

1/31/2027

200,000

189,316

3.24%,

2/06/2028

40,000

37,939

4.85%,

1/22/2029

200,000

202,066

2.45%,

1/31/2031

20,000

17,357

2.55%,

1/27/2032

280,000

239,996

3.50%,

1/31/2034

300,000

264,983

3.10%,

5/07/2041

400,000

300,042

3.10%,

1/22/2061

351,000

224,885

Export

Development

Canada,

3.88%,

2/14/2028

50,000

49,694

Export-Import

Bank

of

Korea

2.63%,

5/26/2026

200,000

191,110

5.00%,

1/11/2028

200,000

203,830

4.50%,

1/11/2029

500,000

502,503

4.63%,

1/11/2034

500,000

498,797

2.50%,

6/29/2041

170,000

123,186

Hydro-Quebec,

Series

HH,

8.50%,

12/01/2029

25,000

29,730

Indonesia

Government

International

Bond

3.50%,

1/11/2028

390,000

372,279

3.40%,

9/18/2029

70,000

65,354

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Foreign

Governmental

–

1.7%

(continued)

Indonesia

Government

International

Bond

(continued)

2.85%,

2/14/2030

410,000

368,514

1.85%,

3/12/2031

20,000

16,477

4.85%,

1/11/2033

200,000

200,680

3.05%,

3/12/2051

20,000

14,287

3.35%,

3/12/2071

1,326,000

891,771

Israel

Government

AID

Bond,

5.50%,

9/18/2033

40,000

43,463

Israel

Government

International

Bond

2.88%,

3/16/2026

(a)

515,000

489,565

3.88%,

7/03/2050

160,000

119,936

Japan

Bank

For

International

Cooperation

2.88%,

4/14/2025

340,000

332,088

3.50%,

10/31/2028

600,000

578,900

4.38%,

1/24/2031

500,000

503,308

Japan

International

Cooperation

Agency,

2.13%,

10/20/2026

400,000

375,900

Korea

International

Bond,

4.13%,

6/10/2044

200,000

182,513

Mexico

Government

International

Bond

4.13%,

1/21/2026

600,000

593,477

4.50%,

4/22/2029

50,000

48,899

3.25%,

4/16/2030

75,000

67,369

2.66%,

5/24/2031

50,000

42,002

4.75%,

4/27/2032

60,000

57,371

Series

A,

7.50%,

4/08/2033

150,000

170,722

4.88%,

5/19/2033

200,000

191,338

3.50%,

2/12/2034

922,000

772,450

Series

A,

6.75%,

9/27/2034

89,000

95,583

6.05%,

1/11/2040

40,000

39,850

4.28%,

8/14/2041

1,183,000

958,080

4.75%,

3/08/2044

174,000

146,370

4.50%,

1/31/2050

150,000

119,244

6.34%,

5/04/2053

200,000

198,957

6.40%,

5/07/2054

400,000

402,162

5.75%,

10/12/2110

20,000

17,646

Panama

Government

International

Bond

3.75%,

3/16/2025

277,000

270,338

8.88%,

9/30/2027

250,000

272,684

9.38%,

4/01/2029

100,000

112,052

6.70%,

1/26/2036

440,000

422,929

4.50%,

4/16/2050

237,000

156,300

4.50%,

4/01/2056

293,000

187,087

3.87%,

7/23/2060

495,000

277,938

Peruvian

Government

International

Bond

4.13%,

8/25/2027

(a)

100,000

97,930

2.78%,

1/23/2031

215,000

186,315

1.86%,

12/01/2032

166,000

128,484

8.75%,

11/21/2033

21,000

26,253

3.00%,

1/15/2034

427,000

356,741

3.30%,

3/11/2041

60,000

45,643

3.60%,

1/15/2072

85,000

57,585

3.23%,

7/28/2121

100,000

59,174

Philippine

Government

International

Bond

9.50%,

2/02/2030

267,000

332,668

7.75%,

1/14/2031

200,000

234,392

1.95%,

1/06/2032

900,000

732,482

3.95%,

1/20/2040

231,000

202,121

2.65%,

12/10/2045

850,000

569,899

Province

of

Alberta

Canada

1.00%,

5/20/2025

1,045,000

996,780

87

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Foreign

Governmental

–

1.7%

(continued)

Province

of

Alberta

Canada

(continued)

3.30%,

3/15/2028

230,000

222,156

1.30%,

7/22/2030

325,000

271,868

Province

of

British

Columbia

Canada

0.90%,

7/20/2026

50,000

46,083

1.30%,

1/29/2031

220,000

182,139

4.20%,

7/06/2033

215,000

212,437

Province

of

Manitoba

Canada,

2.13%,

6/22/2026

(a)

368,000

349,698

Province

of

Ontario

Canada

0.63%,

1/21/2026

348,000

323,402

1.05%,

4/14/2026

95,000

88,434

2.50%,

4/27/2026

340,000

326,644

1.05%,

5/21/2027

65,000

58,721

2.00%,

10/02/2029

30,000

26,761

1.13%,

10/07/2030

350,000

287,101

1.60%,

2/25/2031

275,000

231,166

1.80%,

10/14/2031

90,000

75,787

2.13%,

1/21/2032

95,000

81,437

Province

of

Quebec

Canada

Series

QX,

1.50%,

2/11/2025

591,000

571,146

0.60%,

7/23/2025

2,899,000

2,735,299

2.50%,

4/20/2026

375,000

360,438

2.75%,

4/12/2027

150,000

143,482

1.35%,

5/28/2030

200,000

168,724

1.90%,

4/21/2031

50,000

42,765

Republic

of

Italy

Government

International

Bond

1.25%,

2/17/2026

285,000

264,512

5.38%,

6/15/2033

40,000

39,997

4.00%,

10/17/2049

475,000

344,586

3.88%,

5/06/2051

405,000

283,767

Republic

of

Poland

Government

International

Bond

3.25%,

4/06/2026

497,000

484,191

5.75%,

11/16/2032

108,000

114,734

5.50%,

4/04/2053

150,000

151,532

Svensk

Exportkredit

AB

Series

G,

0.63%,

5/14/2025

200,000

189,734

4.13%,

6/14/2028

350,000

349,748

0.00%,

5/11/2037

(c)

30,000

16,277

Uruguay

Government

International

Bond

4.38%,

10/27/2027

1,174,000

1,172,519

4.38%,

1/23/2031

45,000

44,327

4.13%,

11/20/2045

20,000

17,713

5.10%,

6/18/2050

284,000

276,678

4.98%,

4/20/2055

275,000

259,751

Total

Foreign

Governmental

(cost

$30,065,461)

29,292,728

Municipal

Securities

–

0.4%

Bay

Area

Toll

Authority,

RB

7.04%,

4/01/2050

10,000

12,371

6.91%,

10/01/2050

380,000

466,316

California

State

University,

RB

2.98%,

11/01/2051

15,000

10,715

2.72%,

11/01/2052

50,000

34,306

Chicago

Transit

Authority

Sales

&

Transfer

Tax

Receipts,

RB,

6.90%,

12/01/2040

97,030

111,018

City

of

Los

Angeles

Department

of

Airports

Customer

Facility

Charge,

RB,

4.24%,

5/15/2048

620,000

541,857

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Municipal

Securities

–

0.4%

(continued)

City

of

San

Francisco,

CA

Public

Utilities

Commission

Water,

RB,

6.95%,

11/01/2050

110,000

133,075

Commonwealth

of

Massachusetts,

RB

4.11%,

7/15/2031

65,943

63,873

5.46%,

12/01/2039

320,000

336,987

Dallas

Fort

Worth

International

Airport,

RB

2.84%,

11/01/2046

175,000

130,432

4.09%,

11/01/2051

100,000

86,081

4.51%,

11/01/2051

40,000

37,200

Health

&

Educational

Facilities

Authority

of

The

State

of

Missouri,

RB,

3.23%,

5/15/2050

500,000

371,258

Idaho

Energy

Resources

Authority,

RB,

2.86%,

9/01/2046

45,000

31,886

Indiana

Finance

Authority,

RB,

3.05%,

1/01/2051

65,000

48,864

Los

Angeles

County

Metropolitan

Transportation

Authority

Sales

Tax,

RB,

5.74%,

6/01/2039

100,000

105,055

Los

Angeles

Department

of

Water

&

Power,

RB,

5.72%,

7/01/2039

200,000

214,253

Los

Angeles

Unified

School

District,

GO

5.75%,

7/01/2034

300,000

318,869

6.76%,

7/01/2034

310,000

350,324

Louisiana

Local

Government

Environmental

Facilities

&

Community

Development

Authority,

RB,

Series

2022-ELL,

Class

A4,

4.48%,

8/01/2039

100,000

96,464

Michigan

State

University,

RB,

4.17%,

8/15/2122

100,000

79,064

Municipal

Electric

Authority

of

Georgia,

RB,

6.64%,

4/01/2057

99,000

112,038

New

Jersey

Turnpike

Authority,

RB

7.41%,

1/01/2040

200,000

248,308

7.10%,

1/01/2041

20,000

24,151

New

York

City

Municipal

Water

Finance

Authority,

RB

5.72%,

6/15/2042

225,000

244,254

5.44%,

6/15/2043

790,000

832,159

North

Texas

Tollway

Authority,

RB,

6.72%,

1/01/2049

15,000

18,192

Ohio

State

University

(The),

RB

4.91%,

6/01/2040

50,000

49,903

4.80%,

6/01/2111

10,000

9,194

Oklahoma

Development

Finance

Authority,

RB,

Series

2022-ONG,

Class

A1,

3.88%,

5/01/2037

88,207

85,248

Port

Authority

of

New

York

&

New

Jersey,

RB

4.96%,

8/01/2046

100,000

97,128

4.46%,

10/01/2062

150,000

136,025

Regents

of

The

University

of

California

Medical

Center

Pooled,

RB

6.58%,

5/15/2049

315,000

369,396

3.01%,

5/15/2050

465,000

319,412

Rutgers,

The

State

University

of

New

Jersey,

RB,

3.27%,

5/01/2043

60,000

48,837

Sales

Tax

Securitization

Corp.,

GO,

3.82%,

1/01/2048

170,000

137,992

San

Diego

County

Regional

Transportation

Commission,

RB,

5.91%,

4/01/2048

45,000

49,704

State

Board

of

Administration

Finance

Corp.,

RB,

1.71%,

7/01/2027

100,000

90,427

88

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Municipal

Securities

–

0.4%

(continued)

State

of

California,

GO

7.50%,

4/01/2034

75,000

91,862

7.30%,

10/01/2039

85,000

102,982

7.63%,

3/01/2040

385,000

482,424

7.60%,

11/01/2040

15,000

19,142

State

of

Illinois

Sales

Tax

Securitization

Corp.,

RB,

3.59%,

1/01/2043

30,000

24,974

State

of

Illinois,

GO,

5.10%,

6/01/2033

20,000

19,837

Texas

Private

Activity

Bond

Surface

Transportation

Corp.,

RB,

3.92%,

12/31/2049

10,000

8,290

University

of

Michigan,

RB

2.44%,

4/01/2040

54,000

40,725

4.45%,

4/01/2122

50,000

43,276

University

of

Virginia,

RB,

2.58%,

11/01/2051

100,000

64,680

Total

Municipal

Securities

(cost

$7,642,479)

7,350,828

Supranational

Bank

–

1.4%

African

Development

Bank

Series

G,

3.38%,

7/07/2025

30,000

29,512

Series

G,

0.88%,

3/23/2026

290,000

269,950

Series

G,

4.38%,

11/03/2027

240,000

242,699

4.38%,

3/14/2028

30,000

30,381

Asian

Development

Bank

Series

G,

0.38%,

9/03/2025

95,000

89,077

4.25%,

1/09/2026

150,000

149,842

Series

G,

1.00%,

4/14/2026

788,000

734,381

Series

G,

1.50%,

1/20/2027

725,000

672,957

Series

G,

3.13%,

8/20/2027

465,000

450,894

2.75%,

1/19/2028

50,000

47,668

Series

G,

4.50%,

8/25/2028

695,000

709,179

1.75%,

9/19/2029

150,000

133,020

0.75%,

10/08/2030

150,000

121,162

Series

G,

3.88%,

6/14/2033

750,000

735,869

Series

G,

4.13%,

1/12/2034

300,000

299,765

Asian

Infrastructure

Investment

Bank

(The)

0.50%,

5/28/2025

175,000

165,735

0.50%,

1/27/2026

50,000

46,338

4.13%,

1/18/2029

400,000

401,465

Corp.

Andina

de

Fomento

1.63%,

9/23/2025

92,000

87,053

2.25%,

2/08/2027

265,000

245,819

Council

of

Europe

Development

Bank

1.38%,

2/27/2025

30,000

28,929

3.00%,

6/16/2025

335,000

327,773

3.75%,

5/25/2026

250,000

247,344

3.63%,

1/26/2028

10,000

9,848

European

Bank

For

Reconstruction

&

Development

Series

G,

1.50%,

2/13/2025

30,000

29,009

0.50%,

5/19/2025

1,230,000

1,166,378

Series

G,

0.50%,

11/25/2025

110,000

102,576

Series

G,

0.50%,

1/28/2026

40,000

37,132

European

Investment

Bank

1.88%,

2/10/2025

75,000

72,865

1.63%,

3/14/2025

(a)

935,000

904,180

0.63%,

7/25/2025

30,000

28,360

0.38%,

12/15/2025

5,000

4,647

2.38%,

5/24/2027

150,000

142,341

0.63%,

10/21/2027

155,000

136,980

3.25%,

11/15/2027

645,000

627,697

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Supranational

Bank

–

1.4%

(continued)

European

Investment

Bank

(continued)

3.88%,

3/15/2028

100,000

99,549

4.00%,

2/15/2029

300,000

300,419

1.75%,

3/15/2029

150,000

134,694

0.88%,

5/17/2030

700,000

579,473

3.63%,

7/15/2030

900,000

880,845

1.25%,

2/14/2031

150,000

125,192

3.75%,

2/14/2033

(a)

100,000

97,669

Inter-American

Development

Bank

0.88%,

4/03/2025

685,000

655,506

Series

G,

4.50%,

5/15/2026

1,500,000

1,508,833

2.00%,

6/02/2026

15,000

14,261

1.50%,

1/13/2027

100,000

92,833

2.38%,

7/07/2027

45,000

42,601

0.63%,

9/16/2027

65,000

57,580

1.13%,

7/20/2028

210,000

185,318

4.13%,

2/15/2029

400,000

402,268

3.50%,

9/14/2029

138,000

134,443

1.13%,

1/13/2031

260,000

214,492

3.88%,

10/28/2041

150,000

136,776

Inter-American

Investment

Corp.,

2.63%,

4/22/2025

100,000

97,454

International

Bank

For

Reconstruction

&

Development

0.75%,

3/11/2025

50,000

47,875

0.63%,

4/22/2025

10,000

9,532

0.38%,

7/28/2025

383,000

360,341

2.50%,

7/29/2025

748,000

726,547

0.50%,

10/28/2025

605,000

565,845

3.13%,

11/20/2025

25,000

24,452

3.13%,

6/15/2027

1,115,000

1,082,834

2.50%,

11/22/2027

35,000

33,103

Series

G,

4.50%,

6/26/2028

150,000

150,087

1.13%,

9/13/2028

195,000

171,464

3.88%,

2/14/2030

50,000

49,581

0.88%,

5/14/2030

50,000

41,270

4.00%,

7/25/2030

255,000

254,101

0.75%,

8/26/2030

75,000

60,780

1.63%,

11/03/2031

2,500,000

2,102,962

2.50%,

3/29/2032

110,000

98,438

4.75%,

11/14/2033

70,000

73,511

Series

G,

4.75%,

2/15/2035

110,000

114,076

International

Finance

Corp.

Series

G,

0.38%,

7/16/2025

30,000

28,268

Series

G,

0.75%,

10/08/2026

1,004,000

918,967

Series

G,

4.38%,

1/15/2027

210,000

211,735

0.75%,

8/27/2030

80,000

64,969

Japan

Bank

For

International

Cooperation

0.63%,

7/15/2025

50,000

47,101

2.25%,

11/04/2026

384,000

362,762

2.75%,

11/16/2027

234,000

221,247

4.63%,

7/19/2028

200,000

202,491

1.25%,

1/21/2031

260,000

211,882

Japan

International

Cooperation

Agency,

3.38%,

6/12/2028

50,000

48,022

Korea

Development

Bank

(The)

3.38%,

9/16/2025

200,000

195,529

2.00%,

10/25/2031

100,000

83,001

Nordic

Investment

Bank,

0.38%,

9/11/2025

465,000

435,850

Total

Supranational

Bank

(cost

$24,452,433)

24,287,654

89

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

Federal

Farm

Credit

Banks

Funding

Corp.

0.73%,

5/27/2025

200,000

189,634

0.61%,

8/25/2025

118,000

110,864

4.13%,

12/08/2025

1,600,000

1,594,126

0.75%,

12/16/2026

116,000

104,930

1.12%,

9/01/2028

50,000

43,834

1.10%,

8/10/2029

96,000

80,974

1.23%,

7/29/2030

26,000

21,389

1.15%,

8/12/2030

150,000

122,586

1.24%,

9/03/2030

550,000

453,367

1.38%,

1/14/2031

150,000

121,837

2.02%,

4/01/2031

500,000

426,035

1.79%,

6/22/2035

200,000

146,228

Federal

Home

Loan

Banks

2.75%,

12/13/2024

10,000

9,816

0.50%,

4/14/2025

1,445,000

1,376,519

3.13%,

9/12/2025

140,000

137,153

0.96%,

3/05/2026

370,000

343,559

1.00%,

3/23/2026

4,875

4,533

4.63%,

11/17/2026

700,000

710,216

1.25%,

12/21/2026

615,000

568,330

3.00%,

3/12/2027

300,000

290,231

3.25%,

11/16/2028

220,000

214,022

4.50%,

9/13/2030

700,000

713,967

Federal

Home

Loan

Mortgage

Corporation

1.50%,

2/12/2025

(d)

779,000

754,297

0.38%,

7/21/2025

(d)

300,000

282,979

0.38%,

9/23/2025

(d)

1,599,000

1,498,273

0.63%,

11/25/2025

(d)

250,000

233,621

0.70%,

12/23/2025

(d)

200,000

186,427

0.80%,

10/28/2026

(d)

1,000,000

909,608

2.50%,

9/01/2027

9,128

8,819

4.00%,

7/01/2029

4,909

4,831

6.75%,

9/15/2029

(d)

50,000

56,978

0.00%,

12/14/2029

(c)(d)

200,000

156,325

3.00%,

2/01/2031

20,872

19,962

6.75%,

3/15/2031

(d)

50,000

58,219

2.50%,

12/01/2031

13,166

12,384

2.50%,

3/01/2032

76,224

71,567

6.25%,

7/15/2032

(d)

170,000

196,305

3.00%,

9/01/2032

37,466

35,564

3.00%,

10/01/2032

14,991

14,299

3.00%,

1/01/2033

4,600

4,367

3.00%,

2/01/2033

14,324

13,648

3.50%,

2/01/2033

20,445

19,715

3.00%,

4/01/2033

21,240

20,491

3.00%,

4/01/2033

53,196

50,959

3.00%,

7/01/2033

75,635

71,185

4.00%,

4/01/2034

20,537

20,151

3.00%,

8/01/2034

15,324

14,534

3.50%,

3/01/2035

7,086

6,748

2.50%,

4/01/2035

12,808

11,884

3.00%,

4/01/2035

102,125

97,854

3.00%,

4/01/2035

26,374

25,004

2.50%,

5/01/2035

33,307

30,862

3.00%,

6/01/2035

65,516

62,599

3.00%,

6/01/2035

38,321

36,330

2.50%,

7/01/2035

206,391

191,574

2.00%,

8/01/2035

189,769

171,223

2.50%,

9/01/2035

107,849

99,934

2.00%,

10/01/2035

317,270

286,186

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

2.00%,

10/01/2035

161,096

145,284

2.50%,

10/01/2035

22,224

20,593

2.50%,

10/01/2035

266,439

246,910

1.50%,

11/01/2035

708,563

620,646

2.00%,

11/01/2035

183,811

165,348

1.50%,

12/01/2035

69,408

60,796

2.00%,

12/01/2035

468,206

422,642

2.50%,

1/01/2036

32,588

30,196

1.50%,

2/01/2036

151,337

132,560

2.00%,

2/01/2036

322,799

290,423

1.50%,

3/01/2036

67,482

59,373

1.50%,

4/01/2036

101,959

89,941

2.00%,

5/01/2036

531,035

479,567

2.50%,

6/01/2036

285,400

263,360

2.00%,

8/01/2036

184,131

165,531

1.50%,

9/01/2036

38,447

33,552

1.00%,

10/01/2036

60,020

51,044

1.50%,

10/01/2036

1,001,521

873,999

1.50%,

10/01/2036

70,496

61,520

2.00%,

10/01/2036

95,372

85,686

1.50%,

11/01/2036

79,721

69,571

2.00%,

11/01/2036

104,072

93,474

2.00%,

12/01/2036

19,550

17,554

1.50%,

1/01/2037

188,183

164,222

2.00%,

1/01/2037

103,349

92,769

1.50%,

2/01/2037

156,489

136,563

1.50%,

2/01/2037

165,408

144,347

1.50%,

2/01/2037

411,331

358,957

2.00%,

2/01/2037

822,614

738,181

1.50%,

3/01/2037

104,775

91,377

2.00%,

3/01/2037

199,351

179,648

2.50%,

3/01/2037

40,026

36,872

2.50%,

3/01/2037

163,771

151,288

1.50%,

4/01/2037

48,714

42,678

2.00%,

4/01/2037

71,469

64,091

2.50%,

4/01/2037

219,360

203,383

2.50%,

5/01/2037

167,973

154,737

3.00%,

5/01/2037

(d)

14,085

13,066

3.00%,

5/01/2037

18,780

17,400

3.00%,

5/01/2037

21,797

20,704

3.00%,

9/01/2037

78,365

73,810

3.50%,

9/01/2037

74,975

72,112

4.00%,

9/01/2037

60,368

59,089

3.50%,

10/01/2037

63,220

60,805

3.50%,

12/01/2037

21,580

20,756

4.00%,

4/01/2038

122,161

119,454

3.00%,

5/01/2038

962,615

912,598

4.50%,

5/01/2038

22,110

21,929

3.00%,

6/01/2038

21,634

20,093

4.50%,

6/01/2038

67,027

66,477

5.50%,

8/01/2038

21,539

21,765

5.00%,

11/01/2038

238,350

239,026

0.00%,

11/15/2038

(c)(d)

300,000

150,907

3.00%,

11/01/2039

38,833

35,408

3.00%,

3/01/2040

82,523

75,243

2.50%,

4/01/2040

6,508

5,782

2.50%,

5/01/2040

153,426

136,274

2.00%,

8/01/2040

277,980

237,960

2.50%,

9/01/2040

51,006

45,259

2.50%,

10/01/2040

14,440

12,813

90

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

2.00%,

11/01/2040

117,674

100,652

4.00%,

11/01/2040

48,256

46,807

1.50%,

1/01/2041

18,631

15,421

1.50%,

5/01/2041

180,787

148,515

4.50%,

5/01/2041

(d)

93,186

92,813

2.50%,

6/01/2041

131,925

116,385

2.00%,

8/01/2041

133,895

113,886

2.00%,

12/01/2041

316,626

268,358

2.50%,

12/01/2041

416,974

367,317

1.50%,

2/01/2042

43,647

35,750

2.00%,

3/01/2042

260,166

220,268

2.00%,

4/01/2042

44,194

37,439

2.50%,

4/01/2042

950,818

831,726

2.00%,

5/01/2042

69,912

59,227

2.50%,

5/01/2042

88,490

77,509

3.50%,

5/01/2042

526,368

491,667

3.00%,

6/01/2042

22,173

19,974

3.00%,

7/01/2042

22,406

20,183

3.00%,

9/01/2042

591,083

538,941

4.00%,

9/01/2042

21,889

21,000

3.00%,

12/01/2042

(d)

15,547

14,097

3.00%,

1/01/2043

(d)

41,300

37,448

3.50%,

2/01/2043

45,932

43,116

4.50%,

2/01/2043

85,703

83,996

3.00%,

4/01/2043

59,353

53,652

5.00%,

6/01/2043

23,523

23,510

3.50%,

10/01/2043

154,508

144,775

3.50%,

12/01/2044

(d)

40,518

37,854

4.00%,

12/01/2044

18,837

18,115

3.00%,

1/01/2045

294,034

264,504

4.00%,

2/01/2045

42,257

41,009

3.00%,

5/01/2045

8,827

7,909

3.50%,

7/01/2045

(d)

64,760

60,268

3.50%,

7/01/2045

48,506

45,084

4.00%,

9/01/2045

105,700

101,567

3.50%,

10/01/2045

52,659

49,186

4.50%,

10/01/2045

60,161

59,757

4.00%,

11/01/2045

181,048

173,969

3.50%,

12/01/2045

6,729

6,254

3.50%,

3/01/2046

287,885

267,577

3.50%,

6/01/2046

381,430

354,929

3.50%,

8/01/2046

(d)

56,818

53,063

3.50%,

8/01/2046

413,723

385,890

3.00%,

11/01/2046

48,322

43,265

3.00%,

12/01/2046

144,869

129,708

3.00%,

1/01/2047

46,015

41,290

3.50%,

2/01/2047

2,681,326

2,487,225

3.00%,

8/01/2047

40,562

36,317

4.00%,

8/01/2047

(d)

37,116

35,572

3.00%,

9/01/2047

195,985

173,690

3.50%,

9/01/2047

16,376

15,146

4.50%,

10/01/2047

60,174

59,134

3.50%,

6/01/2048

61,636

57,176

3.50%,

7/01/2048

15,742

14,552

4.50%,

8/01/2048

71,864

70,798

4.00%,

1/01/2049

133,677

128,302

4.50%,

3/01/2049

(d)

22,705

22,305

3.50%,

5/01/2049

105,756

97,309

4.00%,

7/01/2049

174,762

168,071

4.00%,

8/01/2049

303,782

289,170

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

3.00%,

9/01/2049

32,957

29,298

3.00%,

10/01/2049

730,159

647,520

3.00%,

10/01/2049

37,763

33,571

3.50%,

10/01/2049

908,133

835,600

5.00%,

10/01/2049

49,661

49,813

2.50%,

1/01/2050

32,762

27,922

3.00%,

2/01/2050

48,547

43,192

4.50%,

2/01/2050

17,795

17,432

3.00%,

3/01/2050

31,517

28,018

3.00%,

4/01/2050

146,997

130,239

2.50%,

6/01/2050

66,059

56,018

2.50%,

6/01/2050

168,898

144,028

2.50%,

6/01/2050

56,568

48,238

2.50%,

6/01/2050

280,915

239,328

2.00%,

7/01/2050

119,075

97,694

2.50%,

7/01/2050

156,880

133,616

2.50%,

7/01/2050

366,127

313,039

2.50%,

8/01/2050

12,762

10,819

2.50%,

8/01/2050

645,064

552,664

3.00%,

8/01/2050

222,501

198,654

2.00%,

9/01/2050

496,292

402,993

2.00%,

9/01/2050

123,761

100,495

2.00%,

9/01/2050

296,556

242,244

2.00%,

9/01/2050

220,646

180,589

2.00%,

9/01/2050

579,346

470,254

2.50%,

9/01/2050

257,522

216,544

4.00%,

9/01/2050

198,664

192,298

2.00%,

10/01/2050

147,130

119,425

2.00%,

10/01/2050

109,295

88,714

2.00%,

10/01/2050

193,173

157,385

2.50%,

10/01/2050

118,118

100,733

2.50%,

10/01/2050

135,254

116,155

3.00%,

10/01/2050

31,722

28,019

2.50%,

11/01/2050

491,462

421,821

2.00%,

12/01/2050

174,888

141,848

2.50%,

12/01/2050

252,962

217,054

3.00%,

12/01/2050

609,938

543,934

1.50%,

1/01/2051

63,472

48,875

1.50%,

1/01/2051

730,634

562,183

2.00%,

1/01/2051

3,472,063

2,815,032

2.50%,

1/01/2051

1,107,613

939,007

3.00%,

1/01/2051

268,812

238,001

1.50%,

2/01/2051

178,638

137,643

2.00%,

2/01/2051

75,403

61,339

2.00%,

2/01/2051

1,011,760

819,987

2.00%,

2/01/2051

4,938,144

4,005,215

2.50%,

2/01/2051

15,825

13,392

2.50%,

3/01/2051

245,704

208,305

1.50%,

4/01/2051

258,339

198,563

2.00%,

4/01/2051

450,286

370,322

2.00%,

4/01/2051

261,043

211,225

2.00%,

4/01/2051

221,942

180,043

2.50%,

4/01/2051

459,990

388,997

1.50%,

5/01/2051

2,158,751

1,659,244

2.00%,

5/01/2051

756,012

615,516

2.00%,

5/01/2051

486,053

392,963

2.00%,

5/01/2051

100,704

82,664

2.00%,

5/01/2051

312,056

252,357

2.50%,

5/01/2051

55,064

46,552

2.50%,

5/01/2051

220,497

188,863

91

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

2.50%,

5/01/2051

384,789

324,040

2.50%,

5/01/2051

198,046

168,153

1.50%,

6/01/2051

235,194

180,722

3.00%,

6/01/2051

459,990

402,629

2.50%,

7/01/2051

119,918

101,803

2.50%,

7/01/2051

2,482,819

2,097,527

2.50%,

7/01/2051

489,175

416,796

3.00%,

7/01/2051

265,361

232,270

3.00%,

7/01/2051

315,758

279,292

3.00%,

7/01/2051

632,128

555,089

1.50%,

8/01/2051

129,754

99,730

1.50%,

8/01/2051

52,531

40,354

2.00%,

8/01/2051

697,658

566,288

2.00%,

8/01/2051

302,498

244,351

2.50%,

8/01/2051

108,298

92,654

3.00%,

8/01/2051

865,818

765,528

1.50%,

9/01/2051

21,893

16,815

2.00%,

9/01/2051

22,392

18,083

2.00%,

9/01/2051

21,672

17,502

2.00%,

9/01/2051

301,434

243,422

2.00%,

9/01/2051

345,778

279,151

2.50%,

9/01/2051

211,303

178,460

2.50%,

9/01/2051

171,498

145,441

2.50%,

9/01/2051

61,903

52,272

3.50%,

9/01/2051

107,175

97,927

1.50%,

10/01/2051

423,410

325,162

2.00%,

10/01/2051

532,094

429,814

2.00%,

10/01/2051

56,593

45,688

2.00%,

10/01/2051

2,927,810

2,364,087

2.00%,

10/01/2051

197,040

159,613

2.00%,

10/01/2051

432,152

350,066

2.50%,

10/01/2051

256,035

217,573

2.50%,

10/01/2051

338,050

285,373

2.00%,

11/01/2051

343,121

279,174

2.00%,

11/01/2051

387,468

312,717

2.50%,

11/01/2051

84,386

72,212

2.50%,

11/01/2051

212,197

181,491

2.00%,

12/01/2051

130,105

105,696

2.50%,

12/01/2051

381,395

322,769

2.50%,

12/01/2051

198,657

168,967

2.50%,

12/01/2051

228,333

195,236

3.00%,

12/01/2051

290,657

254,992

2.00%,

1/01/2052

298,874

241,190

2.00%,

1/01/2052

358,053

293,496

3.00%,

1/01/2052

384,113

339,728

2.00%,

2/01/2052

826,961

672,391

2.00%,

2/01/2052

4,847,869

3,912,617

2.00%,

2/01/2052

1,429,424

1,152,660

2.50%,

2/01/2052

1,301,637

1,102,184

2.50%,

2/01/2052

197,165

167,650

2.50%,

2/01/2052

258,898

220,142

2.50%,

2/01/2052

644,337

549,321

2.50%,

2/01/2052

243,665

205,453

3.00%,

2/01/2052

257,582

225,736

2.00%,

3/01/2052

360,803

291,533

2.00%,

3/01/2052

1,222,800

984,798

2.00%,

3/01/2052

23,450

18,894

3.00%,

3/01/2052

437,833

383,438

3.50%,

3/01/2052

347,324

319,100

2.00%,

4/01/2052

160,721

129,439

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

2.50%,

4/01/2052

4,948,601

4,179,081

2.50%,

4/01/2052

994,135

839,470

2.50%,

4/01/2052

702,368

590,705

3.00%,

4/01/2052

287,586

255,988

3.50%,

4/01/2052

87,599

80,371

2.50%,

5/01/2052

551,933

464,187

2.50%,

5/01/2052

412,218

346,684

3.00%,

5/01/2052

1,433,384

1,255,192

3.00%,

5/01/2052

316,565

278,548

3.00%,

5/01/2052

68,974

60,761

3.00%,

5/01/2052

127,932

113,627

3.50%,

5/01/2052

22,572

20,563

3.50%,

5/01/2052

479,542

436,860

3.50%,

5/01/2052

35,580

32,472

3.50%,

5/01/2052

277,346

252,617

2.50%,

6/01/2052

23,197

19,509

3.00%,

6/01/2052

169,442

149,080

3.00%,

6/01/2052

115,432

101,073

3.50%,

6/01/2052

69,989

63,887

3.50%,

6/01/2052

107,318

97,796

4.00%,

6/01/2052

285,669

269,312

4.50%,

6/01/2052

191,313

186,217

3.00%,

7/01/2052

293,701

257,143

4.00%,

7/01/2052

93,099

87,600

4.50%,

7/01/2052

504,653

487,563

3.50%,

8/01/2052

285,800

262,943

4.00%,

8/01/2052

69,186

65,099

4.50%,

8/01/2052

363,884

351,428

4.50%,

8/01/2052

182,436

176,258

5.00%,

8/01/2052

191,569

189,813

5.00%,

8/01/2052

147,326

145,679

2.50%,

9/01/2052

244,036

205,766

3.00%,

9/01/2052

112,481

98,480

4.00%,

9/01/2052

840,417

790,771

4.00%,

9/01/2052

24,115

22,692

4.50%,

9/01/2052

202,535

195,602

4.50%,

9/01/2052

546,911

528,554

4.50%,

9/01/2052

299,140

288,900

5.00%,

9/01/2052

22,716

22,493

4.00%,

10/01/2052

187,880

178,020

4.00%,

10/01/2052

458,353

433,468

4.00%,

10/01/2052

96,800

91,146

4.00%,

10/01/2052

225,051

211,757

4.50%,

10/01/2052

691,648

672,343

5.50%,

10/01/2052

45,012

45,206

3.50%,

11/01/2052

2,804,399

2,552,617

5.00%,

11/01/2052

115,361

113,914

6.00%,

11/01/2052

1,484,067

1,504,491

4.50%,

12/01/2052

143,412

138,503

4.50%,

12/01/2052

185,908

181,434

4.50%,

12/01/2052

56,497

54,611

5.00%,

12/01/2052

147,954

146,211

5.00%,

12/01/2052

23,221

23,045

5.50%,

12/01/2052

22,880

22,970

4.00%,

1/01/2053

281,737

265,094

4.50%,

1/01/2053

23,800

22,985

5.00%,

1/01/2053

141,174

139,404

5.00%,

1/01/2053

47,057

46,531

6.00%,

1/01/2053

235,125

238,361

5.00%,

2/01/2053

403,429

398,370

92

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

(continued)

5.00%,

2/01/2053

482,968

480,519

5.50%,

2/01/2053

462,618

464,265

4.00%,

3/01/2053

71,488

67,736

4.50%,

3/01/2053

143,549

138,625

6.00%,

3/01/2053

22,237

22,543

4.00%,

4/01/2053

24,306

22,868

5.00%,

4/01/2053

881,948

870,857

5.50%,

4/01/2053

433,113

440,963

4.50%,

5/01/2053

171,872

166,098

5.00%,

5/01/2053

263,645

260,329

5.50%,

5/01/2053

478,249

479,552

6.00%,

5/01/2053

287,739

294,363

6.00%,

5/01/2053

464,365

470,741

5.50%,

6/01/2053

48,516

49,041

5.50%,

6/01/2053

400,467

401,522

6.00%,

6/01/2053

139,969

141,891

4.50%,

7/01/2053

146,525

141,499

5.00%,

7/01/2053

145,131

143,543

5.50%,

7/01/2053

419,718

420,824

4.50%,

8/01/2053

24,481

23,641

5.00%,

8/01/2053

145,658

143,827

6.00%,

8/01/2053

95,168

96,475

5.00%,

9/01/2053

1,275,287

1,259,249

5.50%,

9/01/2053

193,941

194,452

5.50%,

9/01/2053

121,838

122,631

5.50%,

9/01/2053

442,641

444,740

5.50%,

9/01/2053

292,078

297,252

6.00%,

9/01/2053

359,727

364,666

2.50%,

10/01/2053

796,572

671,852

4.50%,

10/01/2053

393,918

380,406

5.50%,

10/01/2053

394,859

400,288

6.50%,

10/01/2053

793,038

811,899

5.50%,

11/01/2053

491,672

492,967

5.50%,

11/01/2053

498,417

501,333

6.00%,

11/01/2053

244,380

247,735

6.00%,

11/01/2053

378,958

386,737

6.50%,

11/01/2053

246,164

255,352

4.50%,

12/01/2053

24,775

23,925

5.00%,

12/01/2053

124,256

122,694

5.50%,

1/01/2054

1,497,370

1,501,315

6.00%,

1/01/2054

994,751

1,008,409

6.50%,

2/01/2054

150,000

153,516

Federal

Home

Loan

Mortgage

Corporation

Mutifamily

Structured

Pass-Through

Ctfs.

Series

2015-KS03,

Class

A4,

3.16%,

5/25/2025

(d)

35,000

34,340

Series

2015-K051,

Class

A2,

3.31%,

9/25/2025

(d)

200,000

195,279

Series

2016-K052,

Class

A2,

3.15%,

11/25/2025

(d)

175,000

170,401

Series

2019-K734,

Class

A2,

3.21%,

2/25/2026

(d)

325,000

316,500

Series

2016-K055,

Class

A2,

2.67%,

3/25/2026

(d)

425,000

408,766

Series

2019-K736,

Class

A2,

2.28%,

7/25/2026

(d)

50,000

47,544

Series

2016-K057,

Class

A2,

2.57%,

7/25/2026

(d)

125,000

119,585

Series

2016-K058,

Class

AM,

2.72%,

8/25/2026

(d)

90,000

85,962

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

Mutifamily

Structured

Pass-Through

Ctfs.

(continued)

Series

2017-K064,

Class

A2,

3.22%,

3/25/2027

(d)

20,000

19,324

Series

2017-K069,

Class

A2,

3.19%,

9/25/2027

(d)

150,000

144,006

Series

2018-K072,

Class

A1,

3.25%,

11/25/2027

(d)

73,944

72,011

Series

2018-K072,

Class

A2,

3.44%,

12/25/2027

(d)

160,000

154,567

Series

2018-K077,

Class

A1,

3.70%,

3/25/2028

(d)

21,908

21,516

Series

2021-K743,

Class

A2,

1.77%,

5/25/2028

(d)

75,000

67,396

Series

2018-K077,

Class

A2,

3.85%,

5/25/2028

(d)

50,000

48,925

Series

2018-K081,

Class

AM,

3.90%,

8/25/2028

(d)

50,000

48,821

Series

2022-K747,

Class

AM,

1.75%,

12/25/2028

(d)

1,000,000

881,680

Series

2019-K087,

Class

A2,

3.77%,

12/25/2028

(d)

130,000

126,515

Series

2019-K089,

Class

AM,

3.63%,

1/25/2029

(d)

1,060,000

1,021,881

Series

2020-K110,

Class

A1,

1.02%,

9/25/2029

(d)

200,438

176,604

Series

2019-K099,

Class

A2,

2.60%,

9/25/2029

(d)

40,000

36,434

Series

2020-K106,

Class

A1,

1.78%,

10/25/2029

(d)

35,106

32,143

Series

2019-K101,

Class

A2,

2.52%,

10/25/2029

(d)

10,000

9,056

Series

2020-K105,

Class

A2,

1.87%,

1/25/2030

(d)

90,000

78,140

Series

2016-K152,

Class

A1,

2.83%,

5/25/2030

(d)

34,793

32,814

Series

2020-K116,

Class

A2,

1.38%,

7/25/2030

(d)

120,000

99,670

Series

2020-K117,

Class

A2,

1.41%,

8/25/2030

(d)

130,000

107,910

Series

2020-K118,

Class

A2,

1.49%,

9/25/2030

(d)

280,000

233,306

Series

2020-K121,

Class

A2,

1.55%,

10/25/2030

(d)

140,000

116,633

Series

2021-K123,

Class

A2,

1.62%,

12/25/2030

(d)

200,000

167,075

Series

2021-K124,

Class

A2,

1.66%,

12/25/2030

(d)

1,300,000

1,086,429

Series

2021-K126,

Class

A2,

2.07%,

1/25/2031

(d)

50,000

42,975

Series

2019-1510,

Class

A2,

3.72%,

1/25/2031

(d)

145,000

137,738

Series

2021-K135,

Class

A2,

2.15%,

10/25/2031

(d)

200,000

170,070

Series

2017-K153,

Class

A3,

3.12%,

10/25/2031

(d)

50,000

45,591

Series

2021-K136,

Class

A2,

2.13%,

11/25/2031

(d)

120,000

101,586

Series

2022-K137,

Class

A2,

2.35%,

11/25/2031

(d)

400,000

343,941

Series

2022-K142,

Class

A2,

2.40%,

3/25/2032

(d)

30,000

25,775

Series

2018-K154,

Class

A3,

3.46%,

11/25/2032

(d)

1,100,000

1,017,986

93

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

Home

Loan

Mortgage

Corporation

Mutifamily

Structured

Pass-Through

Ctfs.

(continued)

Series

2023-155,

Class

AM,

4.25%,

4/25/2033

(d)

250,000

243,376

Series

2018-K157,

Class

A2,

3.99%,

5/25/2033

(d)

260,000

252,444

Series

2023-157,

Class

A2,

4.20%,

5/25/2033

(d)

100,000

97,514

Series

2023-159,

Class

A2,

4.50%,

7/25/2033

(d)

250,000

249,321

Series

2023-161,

Class

A2,

4.90%,

10/25/2033

1,000,000

1,027,136

Series

2019-1513,

Class

A3,

2.80%,

8/25/2034

(d)

20,000

16,785

Series

2020-1515,

Class

A2,

1.94%,

2/25/2035

(d)

900,000

694,080

Federal

National

Mortgage

Association

1.63%,

1/07/2025

(d)

340,000

330,421

0.63%,

4/22/2025

(d)

230,000

219,273

0.38%,

8/25/2025

(d)

30,000

28,185

0.50%,

11/07/2025

(d)

358,000

334,845

0.56%,

11/17/2025

(d)

450,000

420,432

0.64%,

12/30/2025

(d)

200,000

186,062

1.88%,

9/24/2026

(d)

755,000

714,054

3.00%,

11/01/2026

(d)

11,420

11,100

3.00%,

12/01/2026

(d)

6,774

6,576

3.00%,

12/01/2026

(d)

23,867

23,181

3.00%,

12/01/2026

(d)

6,350

6,173

3.00%,

6/01/2027

(d)

6,956

6,766

0.75%,

10/08/2027

(d)

600,000

534,282

3.00%,

2/01/2028

(d)

11,079

10,764

2.50%,

6/01/2028

(d)

26,000

24,970

3.00%,

9/01/2028

(d)

50,185

48,542

7.13%,

1/15/2030

(d)

50,000

58,176

7.25%,

5/15/2030

(d)

375,000

441,318

3.00%,

7/01/2030

(d)

33,263

32,152

2.00%,

8/01/2030

(d)

34,817

32,573

3.50%,

8/01/2030

(d)

9,032

8,853

0.88%,

8/05/2030

(d)

1,565,000

1,281,464

2.00%,

10/01/2030

(d)

7,936

7,443

2.50%,

3/01/2031

(d)

37,262

35,683

3.50%,

4/01/2031

(d)

29,477

28,579

3.00%,

8/01/2031

(d)

14,485

13,809

2.50%,

10/01/2031

(d)

78,109

74,448

2.00%,

11/01/2031

(d)

24,111

22,360

2.50%,

11/01/2031

(d)

279,016

263,188

3.50%,

11/01/2031

(d)

10,898

10,627

2.50%,

1/01/2032

(d)

57,501

54,111

2.50%,

1/01/2032

(d)

10,256

9,710

3.00%,

1/01/2032

(d)

147,800

140,924

3.50%,

1/01/2032

(d)

12,255

11,833

3.00%,

2/01/2032

(d)

14,316

13,665

3.50%,

4/01/2032

(d)

12,896

12,484

2.50%,

5/01/2032

(d)

78,858

74,627

3.00%,

8/01/2032

(d)

59,997

57,021

3.50%,

8/01/2032

(d)

55,080

53,339

3.00%,

9/01/2032

(d)

21,784

20,685

2.50%,

1/01/2033

(d)

17,285

16,469

3.00%,

2/01/2033

(d)

100,902

95,882

3.00%,

2/01/2033

(d)

31,799

30,171

3.50%,

5/01/2033

(d)

21,272

20,505

3.50%,

10/01/2033

(d)

25,328

24,244

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

4.00%,

4/01/2034

(d)

7,880

7,730

2.50%,

8/01/2034

(d)

40,020

37,139

2.50%,

9/01/2034

(d)

636,266

590,462

3.50%,

9/01/2034

(d)

18,842

17,981

4.00%,

10/01/2034

(d)

43,846

42,597

2.50%,

1/01/2035

(d)

127,739

118,543

3.00%,

1/01/2035

(d)

109,896

104,231

2.50%,

2/01/2035

(d)

125,575

116,959

3.00%,

2/01/2035

(d)

6,425

6,094

2.50%,

3/01/2035

(d)

152,166

141,863

3.50%,

3/01/2035

(d)

7,517

7,240

4.00%,

3/01/2035

(d)

27,526

26,955

2.00%,

6/01/2035

(d)

1,132,443

1,020,224

2.00%,

7/01/2035

(d)

1,180,769

1,063,442

2.00%,

7/01/2035

(d)

193,068

173,884

2.50%,

7/01/2035

(d)

21,013

19,471

2.50%,

7/01/2035

(d)

92,640

85,975

3.00%,

7/01/2035

(d)

494,179

468,707

3.50%,

7/01/2035

(d)

482,493

464,257

2.00%,

9/01/2035

(d)

85,992

77,401

2.50%,

9/01/2035

(d)

40,279

37,362

2.50%,

9/01/2035

(d)

80,189

74,305

3.00%,

9/01/2035

(d)

20,160

19,112

1.50%,

10/01/2035

(d)

227,393

199,179

2.00%,

10/01/2035

(d)

251,112

226,439

2.00%,

10/01/2035

(d)

13,801

12,446

2.00%,

10/01/2035

(d)

30,563

27,502

2.00%,

10/01/2035

(d)

169,487

152,876

5.50%,

10/01/2035

(d)

11,439

11,827

1.50%,

11/01/2035

(d)

14,804

12,967

2.00%,

11/01/2035

(d)

137,960

124,180

2.50%,

11/01/2035

(d)

35,489

32,885

1.50%,

12/01/2035

(d)

94,522

82,794

2.00%,

12/01/2035

(d)

87,096

78,313

2.00%,

12/01/2035

(d)

28,191

25,407

2.50%,

1/01/2036

(d)

65,598

60,782

3.00%,

1/01/2036

(d)

35,381

33,543

2.00%,

2/01/2036

(d)

67,325

60,508

2.50%,

2/01/2036

(d)

173,176

160,902

2.00%,

3/01/2036

(d)

127,665

114,807

2.50%,

3/01/2036

(d)

173,334

160,416

1.50%,

4/01/2036

(d)

18,151

15,970

1.50%,

4/01/2036

(d)

1,741,563

1,525,474

2.00%,

4/01/2036

(d)

471,615

426,800

2.50%,

4/01/2036

(d)

13,558

12,995

3.00%,

4/01/2036

(d)

60,844

56,628

1.50%,

5/01/2036

(d)

35,769

31,553

1.50%,

5/01/2036

(d)

181,677

158,544

2.00%,

5/01/2036

(d)

308,861

279,040

2.00%,

5/01/2036

(d)

64,344

57,965

1.50%,

6/01/2036

(d)

121,923

106,795

2.00%,

6/01/2036

(d)

215,901

194,208

2.00%,

6/01/2036

(d)

299,346

269,268

1.50%,

7/01/2036

(d)

90,313

79,654

2.00%,

7/01/2036

(d)

77,368

69,552

2.50%,

7/01/2036

(d)

1,481,517

1,372,801

2.00%,

8/01/2036

(d)

33,386

30,013

1.50%,

9/01/2036

(d)

26,782

23,372

1.50%,

9/01/2036

(d)

1,856,025

1,619,700

1.50%,

9/01/2036

(d)

253,581

221,293

94

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

2.00%,

9/01/2036

(d)

183,021

164,747

2.00%,

9/01/2036

(d)

394,122

355,437

2.50%,

9/01/2036

(d)

76,121

70,225

1.50%,

10/01/2036

(d)

39,784

34,718

1.50%,

10/01/2036

(d)

39,900

35,189

1.50%,

10/01/2036

(d)

480,817

425,313

2.00%,

10/01/2036

(d)

962,803

865,542

1.50%,

11/01/2036

(d)

60,402

52,712

2.00%,

11/01/2036

(d)

217,719

195,549

2.00%,

11/01/2036

(d)

43,452

39,051

2.00%,

11/01/2036

(d)

485,079

436,602

1.50%,

12/01/2036

(d)

81,190

70,852

2.00%,

12/01/2036

(d)

118,992

106,843

2.00%,

12/01/2036

(d)

78,716

70,798

3.50%,

12/01/2036

(d)

49,733

47,586

2.00%,

1/01/2037

(d)

1,279,214

1,148,262

2.50%,

1/01/2037

(d)

223,429

206,174

3.50%,

1/01/2037

(d)

14,606

13,891

1.50%,

2/01/2037

(d)

494,756

437,273

2.00%,

2/01/2037

(d)

342,503

307,349

2.50%,

2/01/2037

(d)

14,428

13,100

2.50%,

2/01/2037

(d)

46,794

43,180

2.00%,

3/01/2037

(d)

1,276,143

1,147,616

2.00%,

3/01/2037

(d)

284,393

256,285

2.00%,

3/01/2037

(d)

961,313

864,723

2.50%,

3/01/2037

(d)

100,613

92,764

1.50%,

4/01/2037

(d)

42,529

37,091

2.00%,

4/01/2037

(d)

20,854

18,701

2.00%,

4/01/2037

(d)

705,530

632,696

2.50%,

4/01/2037

(d)

64,188

58,212

1.50%,

5/01/2037

(d)

474,689

413,991

2.50%,

5/01/2037

(d)

43,274

39,957

3.00%,

5/01/2037

(d)

80,830

76,132

3.50%,

5/01/2037

(d)

91,227

88,336

2.50%,

6/01/2037

(d)

1,799,569

1,657,767

3.00%,

6/01/2037

(d)

41,450

39,041

3.50%,

6/01/2037

(d)

19,777

19,021

2.50%,

7/01/2037

(d)

148,763

137,041

5.63%,

7/15/2037

(d)

225,000

255,438

1.50%,

8/01/2037

(d)

227,812

198,805

1.50%,

8/01/2037

(d)

143,428

125,166

2.00%,

8/01/2037

(d)

46,514

41,712

3.50%,

9/01/2037

(d)

41,365

39,785

3.00%,

10/01/2037

(d)

1,127,423

1,061,895

3.50%,

11/01/2037

(d)

78,046

74,020

4.00%,

11/01/2037

(d)

63,331

61,989

4.50%,

11/01/2037

(d)

246,735

244,848

3.00%,

12/01/2037

(d)

38,323

35,507

2.50%,

3/01/2038

(d)

16,610

15,076

4.00%,

3/01/2038

(d)

142,588

139,660

3.00%,

4/01/2038

(d)

47,296

44,547

3.00%,

5/01/2038

(d)

29,293

27,229

3.50%,

6/01/2038

(d)

93,549

89,976

6.00%,

6/01/2038

(d)

128,231

130,681

3.50%,

11/01/2038

(d)

363,759

349,865

5.50%,

11/01/2038

(d)

147,762

150,746

1.50%,

2/15/2039

(d)(e)

1,175,000

1,024,869

2.00%,

2/15/2039

(d)(e)

500,000

448,252

2.50%,

2/15/2039

(d)(e)

25,000

23,030

3.00%,

2/15/2039

(d)(e)

350,000

329,683

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

4.00%,

2/15/2039

(d)(e)

150,000

146,733

4.50%,

2/15/2039

(d)(e)

75,000

74,405

5.00%,

2/15/2039

(d)(e)

175,000

175,536

5.50%,

2/15/2039

(d)(e)

100,000

101,073

3.50%,

6/01/2039

(d)

57,743

53,957

4.50%,

6/01/2039

(d)

18,432

18,321

4.00%,

11/01/2039

(d)

12,340

11,998

4.50%,

2/01/2040

(d)

20,861

20,735

6.00%,

4/01/2040

(d)

27,850

29,299

2.50%,

5/01/2040

(d)

8,175

7,261

2.00%,

8/01/2040

(d)

60,752

52,006

2.50%,

8/01/2040

(d)

91,954

81,594

2.50%,

8/01/2040

(d)

36,633

32,513

2.00%,

9/01/2040

(d)

53,710

46,195

4.00%,

10/01/2040

(d)

136,900

132,789

2.00%,

11/01/2040

(d)

157,472

134,628

2.00%,

1/01/2041

(d)

134,078

114,680

3.00%,

1/01/2041

(d)

736,374

682,267

4.50%,

2/01/2041

(d)

23,768

23,601

2.00%,

4/01/2041

(d)

77,301

65,820

4.50%,

4/01/2041

(d)

130,446

129,679

1.50%,

5/01/2041

(d)

65,004

53,401

2.00%,

5/01/2041

(d)

2,699,443

2,296,348

2.50%,

5/01/2041

(d)

38,899

34,326

1.50%,

6/01/2041

(d)

20,327

16,692

1.50%,

7/01/2041

(d)

61,545

50,521

2.00%,

7/01/2041

(d)

363,448

309,012

5.50%,

7/01/2041

(d)

13,363

13,794

2.00%,

8/01/2041

(d)

120,375

102,319

1.50%,

9/01/2041

(d)

42,324

34,675

2.50%,

10/01/2041

(d)

80,450

70,797

1.50%,

11/01/2041

(d)

64,726

52,990

1.50%,

11/01/2041

(d)

1,555,593

1,273,523

2.50%,

11/01/2041

(d)

162,154

142,662

2.00%,

12/01/2041

(d)

91,591

77,770

3.50%,

12/01/2041

(d)

19,874

18,691

1.50%,

1/01/2042

(d)

237,774

195,249

2.00%,

1/01/2042

(d)

1,605,665

1,363,009

2.00%,

2/01/2042

(d)

22,372

19,019

2.50%,

4/01/2042

(d)

65,925

57,668

3.00%,

4/01/2042

(d)

13,057

11,825

3.50%,

4/01/2042

(d)

51,922

48,800

5.00%,

4/01/2042

(d)

37,206

37,700

2.50%,

5/01/2042

(d)

242,106

212,062

3.00%,

5/01/2042

(d)

44,736

41,543

3.00%,

5/01/2042

(d)

279,823

251,809

4.50%,

5/01/2042

(d)

53,724

53,347

3.50%,

6/01/2042

(d)

16,247

15,270

3.00%,

7/01/2042

(d)

44,678

40,246

3.50%,

7/01/2042

(d)

45,280

42,295

4.00%,

7/01/2042

(d)

23,984

23,363

2.00%,

8/01/2042

(d)

120,317

102,281

3.50%,

8/01/2042

(d)

216,748

203,825

2.50%,

9/01/2042

(d)

22,798

19,969

4.50%,

9/01/2042

(d)

21,049

20,612

2.50%,

10/01/2042

(d)

55,324

48,402

4.00%,

10/01/2042

(d)

22,360

21,463

3.50%,

12/01/2042

(d)

32,513

30,369

3.00%,

4/01/2043

(d)

25,823

23,343

3.00%,

4/01/2043

(d)

149,124

134,803

95

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

3.50%,

6/01/2043

(d)

96,656

90,893

4.00%,

6/01/2043

(d)

247,817

238,107

4.00%,

10/01/2043

(d)

190,690

184,537

5.50%,

1/01/2044

(d)

73,822

74,630

5.50%,

5/01/2044

(d)

107,095

110,734

4.00%,

9/01/2044

(d)

25,088

24,126

3.00%,

10/01/2044

(d)

117,121

105,873

4.00%,

11/01/2044

(d)

24,083

23,312

4.00%,

1/01/2045

(d)

81,030

78,387

4.00%,

2/01/2045

(d)

54,656

52,967

3.00%,

4/01/2045

(d)

46,432

41,973

3.50%,

4/01/2045

(d)

13,773

12,865

3.50%,

5/01/2045

(d)

18,042

16,787

3.50%,

6/01/2045

(d)

251,846

235,981

3.50%,

8/01/2045

(d)

84,551

78,586

4.00%,

8/01/2045

688,153

666,103

3.50%,

11/01/2045

(d)

23,942

22,253

3.50%,

11/01/2045

(d)

499,703

470,423

3.50%,

12/01/2045

(d)

173,795

161,536

3.50%,

12/01/2045

(d)

1,123,020

1,043,802

3.50%,

1/01/2046

(d)

118,425

110,071

4.00%,

1/01/2046

(d)

52,001

49,968

4.00%,

1/01/2046

(d)

223,401

214,665

3.50%,

2/01/2046

(d)

93,754

87,478

3.50%,

2/01/2046

(d)

40,882

38,132

4.50%,

6/01/2046

(d)

28,260

28,167

3.00%,

9/01/2046

(d)

65,361

58,553

3.50%,

9/01/2046

(d)

80,622

74,935

4.50%,

9/01/2046

(d)

93,270

92,613

3.00%,

10/01/2046

(d)

71,387

63,916

3.00%,

10/01/2046

(d)

165,992

148,621

3.00%,

11/01/2046

(d)

370,943

332,122

3.00%,

11/01/2046

(d)

126,596

113,348

3.00%,

11/01/2046

(d)

851,714

762,579

3.00%,

11/01/2046

(d)

48,993

43,870

4.00%,

11/01/2046

(d)

15,236

14,600

3.50%,

1/01/2047

(d)

423,758

398,773

3.00%,

2/01/2047

(d)

195,114

176,381

3.50%,

2/01/2047

(d)

53,124

49,278

4.00%,

2/01/2047

(d)

11,444

10,996

3.00%,

3/01/2047

(d)

480,370

430,098

4.00%,

3/01/2047

(d)

590,245

571,328

3.50%,

4/01/2047

(d)

17,082

15,973

4.00%,

5/01/2047

(d)

38,440

37,052

4.50%,

5/01/2047

(d)

49,656

49,022

4.00%,

6/01/2047

(d)

296,506

284,123

3.50%,

7/01/2047

(d)

147,964

138,894

3.00%,

8/01/2047

(d)

75,392

67,508

3.50%,

8/01/2047

(d)

68,792

63,625

3.50%,

9/01/2047

(d)

218,087

201,532

3.50%,

10/01/2047

(d)

107,893

100,890

3.50%,

10/01/2047

(d)

200,541

187,293

3.50%,

10/01/2047

(d)

300,866

278,267

4.00%,

10/01/2047

(d)

59,584

57,035

3.50%,

11/01/2047

(d)

228,613

211,441

3.50%,

12/01/2047

(d)

173,465

160,435

3.50%,

12/01/2047

(d)

48,735

45,379

3.00%,

1/01/2048

(d)

96,425

86,282

3.50%,

1/01/2048

(d)

77,681

71,846

4.00%,

1/01/2048

(d)

90,575

86,701

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

3.50%,

2/01/2048

(d)

469,255

434,008

3.50%,

2/01/2048

(d)

39,826

36,992

4.00%,

2/01/2048

(d)

64,551

61,790

3.50%,

3/01/2048

(d)

176,744

163,393

3.00%,

4/01/2048

(d)

166,366

150,388

3.50%,

4/01/2048

(d)

130,287

121,235

4.50%,

4/01/2048

(d)

10,245

10,093

3.50%,

5/01/2048

(d)

346,660

320,474

4.00%,

6/01/2048

(d)

823,401

796,547

4.50%,

8/01/2048

(d)

24,762

24,395

4.50%,

8/01/2048

(d)

133,627

131,456

3.00%,

9/01/2048

(d)

389,785

349,024

3.50%,

10/01/2048

(d)

145,055

134,160

4.50%,

10/01/2048

(d)

22,822

22,393

3.00%,

11/01/2048

(d)

134,793

120,686

4.00%,

11/01/2048

(d)

58,662

56,153

4.00%,

11/01/2048

(d)

26,245

25,039

3.00%,

2/01/2049

(d)

4,763,413

4,264,904

4.00%,

2/01/2049

(d)

16,902

16,125

4.00%,

3/01/2049

(d)

117,639

112,233

3.50%,

4/01/2049

(d)

39,462

36,397

3.50%,

4/01/2049

(d)

478,590

441,788

4.50%,

4/01/2049

(d)

45,390

44,780

4.00%,

5/01/2049

(d)

49,952

47,944

4.50%,

5/01/2049

(d)

17,359

17,125

4.50%,

5/01/2049

(d)

7,290

7,163

3.50%,

6/01/2049

(d)

102,577

94,384

4.00%,

6/01/2049

(d)

525,432

502,955

4.00%,

6/01/2049

(d)

138,262

132,348

4.00%,

6/01/2049

(d)

2,982,533

2,854,948

4.00%,

6/01/2049

(d)

55,088

52,732

3.50%,

7/01/2049

(d)

39,818

36,638

4.00%,

7/01/2049

(d)

10,145

9,677

5.00%,

7/01/2049

(d)

8,879

8,927

3.50%,

8/01/2049

(d)

111,484

101,942

3.50%,

8/01/2049

(d)

193,780

178,729

3.50%,

8/01/2049

(d)

3,754,991

3,472,938

4.50%,

8/01/2049

(d)

81,482

80,069

3.00%,

9/01/2049

(d)

461,990

409,722

3.00%,

9/01/2049

(d)

34,179

30,024

3.50%,

9/01/2049

(d)

65,893

60,775

3.50%,

9/01/2049

(d)

35,255

32,439

4.00%,

9/01/2049

(d)

133,783

127,608

4.00%,

9/01/2049

(d)

82,621

79,767

4.00%,

9/01/2049

(d)

987,470

947,822

4.50%,

9/01/2049

(d)

12,909

12,745

5.00%,

9/01/2049

(d)

174,066

176,751

5.00%,

9/01/2049

(d)

57,344

57,728

3.00%,

10/01/2049

(d)

101,730

90,436

2.50%,

11/01/2049

(d)

202,953

172,968

3.00%,

11/01/2049

(d)

98,124

87,306

3.00%,

11/01/2049

(d)

128,112

113,613

3.50%,

11/01/2049

(d)

236,910

217,987

4.50%,

11/01/2049

(d)

6,281

6,152

5.00%,

11/01/2049

(d)

151,956

152,457

3.00%,

12/01/2049

(d)

60,815

54,110

3.50%,

12/01/2049

(d)

51,132

47,049

2.50%,

1/01/2050

(d)

1,734,847

1,478,530

3.50%,

1/01/2050

(d)

37,499

34,587

3.50%,

1/01/2050

(d)

406,666

376,120

96

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

3.00%,

2/01/2050

(d)

418,885

372,680

3.00%,

2/01/2050

(d)

49,639

44,163

3.00%,

2/01/2050

(d)

80,727

71,826

3.00%,

3/01/2050

(d)

51,631

45,807

4.00%,

3/01/2050

(d)

307,641

293,503

4.50%,

3/01/2050

(d)

59,973

59,001

5.00%,

3/01/2050

(d)

87,498

87,775

2.50%,

4/01/2050

(d)

48,674

41,583

3.00%,

4/01/2050

(d)

50,763

44,976

3.00%,

4/01/2050

(d)

971,199

864,119

3.50%,

4/01/2050

(d)

226,521

209,677

4.00%,

4/01/2050

(d)

29,404

28,046

2.50%,

5/01/2050

(d)

475,494

407,501

2.50%,

5/01/2050

(d)

217,807

186,334

3.50%,

5/01/2050

(d)

160,836

149,000

3.50%,

5/01/2050

(d)

13,502

12,418

2.50%,

6/01/2050

(d)

165,268

141,345

4.00%,

6/01/2050

(d)

36,280

34,433

4.00%,

6/01/2050

(d)

19,604

18,797

5.00%,

6/01/2050

(d)

1,688,475

1,693,628

2.50%,

7/01/2050

(d)

80,962

69,106

3.00%,

7/01/2050

(d)

51,362

45,652

3.00%,

7/01/2050

(d)

26,856

23,773

3.00%,

7/01/2050

(d)

118,108

104,540

3.00%,

7/01/2050

(d)

56,097

49,861

3.00%,

7/01/2050

(d)

4,410,749

3,942,334

3.50%,

7/01/2050

(d)

455,587

424,197

3.50%,

7/01/2050

(d)

22,122

20,334

4.00%,

7/01/2050

(d)

150,282

142,647

2.50%,

8/01/2050

(d)

155,639

132,559

2.50%,

8/01/2050

(d)

616,757

518,615

2.50%,

8/01/2050

(d)

74,683

63,649

4.00%,

8/01/2050

(d)

206,776

198,141

4.00%,

8/01/2050

(d)

456,197

437,862

2.00%,

9/01/2050

(d)

301,837

245,094

2.00%,

9/01/2050

(d)

36,992

30,026

2.00%,

9/01/2050

(d)

28,963

23,597

2.00%,

9/01/2050

(d)

713,708

581,144

2.00%,

9/01/2050

(d)

375,150

306,526

2.00%,

9/01/2050

(d)

374,328

306,489

2.00%,

9/01/2050

(d)

44,419

36,055

2.00%,

9/01/2050

(d)

29,499

24,296

2.50%,

9/01/2050

(d)

66,328

56,492

2.50%,

9/01/2050

(d)

681,121

585,170

3.00%,

9/01/2050

(d)

730,942

646,482

3.00%,

9/01/2050

(d)

38,188

33,868

3.00%,

9/01/2050

(d)

174,994

154,868

4.50%,

9/01/2050

(d)

178,720

175,359

2.00%,

10/01/2050

(d)

228,680

187,095

2.00%,

10/01/2050

(d)

28,772

23,442

2.00%,

10/01/2050

(d)

72,683

59,371

3.00%,

10/01/2050

(d)

79,465

70,471

1.50%,

11/01/2050

(d)

1,707,923

1,314,810

2.00%,

11/01/2050

724,358

587,735

2.00%,

11/01/2050

(d)

1,935,325

1,581,304

2.00%,

11/01/2050

(d)

451,162

363,379

2.00%,

11/01/2050

(d)

131,597

107,845

2.00%,

11/01/2050

(d)

1,071,378

862,920

2.50%,

11/01/2050

(d)

196,320

167,757

3.50%,

11/01/2050

(d)

194,390

178,796

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

1.50%,

12/01/2050

(d)

109,642

84,385

1.50%,

12/01/2050

(d)

78,940

60,763

2.00%,

12/01/2050

(d)

239,145

194,114

2.00%,

12/01/2050

(d)

701,032

567,759

2.00%,

12/01/2050

(d)

113,817

93,119

2.00%,

12/01/2050

(d)

254,304

206,260

2.00%,

12/01/2050

(d)

432,548

350,865

2.00%,

12/01/2050

(d)

150,610

122,567

2.00%,

12/01/2050

(d)

57,484

46,624

2.00%,

12/01/2050

(d)

527,282

430,388

2.50%,

12/01/2050

(d)

872,951

735,404

2.50%,

12/01/2050

(d)

241,120

205,020

3.00%,

12/01/2050

(d)

105,557

93,611

3.00%,

12/01/2050

(d)

762,254

673,466

1.50%,

1/01/2051

(d)

1,709,533

1,315,391

2.00%,

1/01/2051

(d)

154,825

126,574

2.00%,

1/01/2051

(d)

4,666,985

3,783,834

2.00%,

1/01/2051

(d)

1,225,315

1,008,038

2.00%,

1/01/2051

(d)

461,020

373,817

2.00%,

1/01/2051

(d)

708,715

574,659

2.00%,

1/01/2051

(d)

179,401

145,453

3.00%,

1/01/2051

(d)

53,434

47,193

1.50%,

2/01/2051

(d)

1,887,878

1,453,791

1.50%,

2/01/2051

(d)

78,878

60,776

2.00%,

2/01/2051

(d)

216,711

176,800

2.00%,

2/01/2051

(d)

1,322,319

1,071,681

2.50%,

2/01/2051

(d)

408,428

345,638

2.50%,

2/01/2051

(d)

845,062

721,308

2.50%,

2/01/2051

(d)

17,253

14,687

2.50%,

2/01/2051

(d)

133,548

113,487

2.50%,

2/01/2051

(d)

214,679

183,028

1.50%,

3/01/2051

(d)

60,780

47,099

2.00%,

3/01/2051

(d)

249,021

200,766

2.00%,

3/01/2051

(d)

859,408

695,212

4.00%,

3/01/2051

(d)

3,125,810

2,992,095

2.00%,

4/01/2051

(d)

562,332

454,764

2.00%,

4/01/2051

(d)

164,046

132,691

2.00%,

4/01/2051

(d)

44,295

35,674

2.00%,

4/01/2051

(d)

88,061

71,195

2.00%,

4/01/2051

(d)

120,061

97,456

2.50%,

4/01/2051

(d)

157,593

132,744

2.50%,

4/01/2051

(d)

2,955,191

2,499,099

3.00%,

4/01/2051

(d)

919,112

817,210

2.00%,

5/01/2051

(d)

217,930

175,516

2.00%,

5/01/2051

(d)

1,869,809

1,512,134

2.00%,

5/01/2051

(d)

307,363

248,496

2.50%,

5/01/2051

(d)

641,359

542,773

2.50%,

5/01/2051

(d)

170,174

143,095

2.50%,

5/01/2051

(d)

4,638,420

3,927,635

2.50%,

5/01/2051

(d)

446,494

377,473

3.00%,

5/01/2051

(d)

103,432

91,280

3.00%,

5/01/2051

(d)

858,344

752,225

1.50%,

6/01/2051

(d)

169,077

130,983

1.50%,

6/01/2051

(d)

64,326

49,428

2.50%,

6/01/2051

(d)

116,247

99,551

3.00%,

6/01/2051

(d)

219,835

192,421

3.00%,

6/01/2051

(d)

139,141

122,751

2.00%,

7/01/2051

(d)

316,010

255,340

2.00%,

7/01/2051

(d)

115,401

93,670

2.00%,

7/01/2051

(d)

175,767

142,104

97

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

2.00%,

7/01/2051

(d)

251,804

205,558

2.00%,

7/01/2051

(d)

281,679

227,726

2.00%,

7/01/2051

(d)

1,714,064

1,391,302

2.50%,

7/01/2051

(d)

1,493,296

1,255,658

2.50%,

7/01/2051

(d)

253,969

215,445

2.50%,

7/01/2051

(d)

80,027

68,065

2.50%,

7/01/2051

(d)

544,202

463,681

3.50%,

7/01/2051

(d)

879,798

813,712

1.50%,

8/01/2051

(d)

88,446

67,942

2.00%,

8/01/2051

(d)

235,839

191,097

2.00%,

8/01/2051

(d)

601,795

485,977

2.00%,

8/01/2051

(d)

21,652

17,490

2.50%,

8/01/2051

(d)

280,158

236,642

2.50%,

8/01/2051

(d)

368,342

315,406

2.50%,

8/01/2051

(d)

411,238

349,139

2.50%,

8/01/2051

(d)

136,033

114,385

2.50%,

8/01/2051

(d)

471,768

402,081

2.50%,

8/01/2051

(d)

458,996

389,372

2.00%,

9/01/2051

(d)

3,827,297

3,101,855

2.00%,

9/01/2051

(d)

527,498

426,215

2.00%,

9/01/2051

(d)

542,297

437,803

2.00%,

9/01/2051

(d)

344,198

277,210

2.50%,

9/01/2051

(d)

388,061

327,688

2.50%,

9/01/2051

(d)

83,758

71,064

2.50%,

9/01/2051

(d)

277,998

233,774

1.50%,

10/01/2051

(d)

866,954

665,786

2.00%,

10/01/2051

(d)

175,441

141,714

2.00%,

10/01/2051

(d)

1,120,222

913,438

2.00%,

10/01/2051

(d)

193,334

157,392

2.00%,

10/01/2051

(d)

169,042

137,656

2.00%,

10/01/2051

(d)

108,982

88,722

2.00%,

10/01/2051

(d)

3,739,740

3,019,139

2.50%,

10/01/2051

(d)

433,827

367,806

2.50%,

10/01/2051

(d)

1,119,331

944,911

2.00%,

11/01/2051

(d)

5,883,901

4,770,469

2.50%,

11/01/2051

(d)

5,770,270

4,869,682

2.50%,

11/01/2051

(d)

416,354

356,622

2.50%,

11/01/2051

(d)

266,583

228,295

2.50%,

11/01/2051

(d)

267,497

225,981

3.00%,

11/01/2051

(d)

105,326

92,490

2.00%,

12/01/2051

(d)

131,489

106,983

2.00%,

12/01/2051

(d)

219,717

179,056

2.50%,

12/01/2051

(d)

258,291

217,915

2.50%,

12/01/2051

(d)

524,499

444,776

2.50%,

12/01/2051

(d)

1,007,369

858,820

2.50%,

12/01/2051

(d)

85,047

72,142

2.50%,

12/01/2051

(d)

1,073,027

909,604

3.00%,

12/01/2051

(d)

3,400,953

2,996,134

3.00%,

12/01/2051

(d)

41,965

37,155

3.00%,

12/01/2051

(d)

162,414

142,360

3.50%,

12/01/2051

(d)

384,044

355,901

3.50%,

12/01/2051

(d)

244,138

225,200

2.00%,

1/01/2052

(d)

1,401,470

1,130,445

2.50%,

1/01/2052

(d)

143,765

120,887

2.50%,

1/01/2052

(d)

148,039

125,914

2.50%,

1/01/2052

(d)

436,226

369,924

2.50%,

1/01/2052

(d)

236,395

202,192

2.50%,

1/01/2052

(d)

416,795

356,459

2.50%,

1/01/2052

(d)

143,843

121,089

3.50%,

1/01/2052

(d)

70,159

65,050

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

2.00%,

2/01/2052

(d)

431,090

348,527

2.00%,

2/01/2052

(d)

3,860,514

3,114,843

2.00%,

2/01/2052

(d)

243,666

198,460

2.00%,

2/01/2052

(d)

274,650

221,596

2.00%,

2/01/2052

(d)

2,976,473

2,401,931

2.50%,

2/01/2052

(d)

87,508

74,561

2.50%,

2/01/2052

(d)

265,711

224,042

2.50%,

2/01/2052

(d)

3,547,235

2,992,724

2.50%,

2/01/2052

(d)

694,297

589,825

2.50%,

2/01/2052

(d)

85,332

72,341

2.50%,

2/01/2052

(d)

100,198

85,599

3.00%,

2/01/2052

(d)

270,477

238,476

2.00%,

3/01/2052

(d)

396,639

325,630

2.50%,

3/01/2052

(d)

579,607

489,577

2.50%,

3/01/2052

(d)

154,749

130,990

2.50%,

3/01/2052

(d)

92,159

77,570

3.00%,

3/01/2052

(d)

49,035

43,029

3.00%,

3/01/2052

(d)

622,421

545,470

3.00%,

3/01/2052

(d)

176,449

155,583

3.00%,

3/01/2052

(d)

266,587

235,059

3.00%,

3/01/2052

(d)

90,729

79,588

3.50%,

3/01/2052

(d)

42,702

38,865

3.50%,

3/01/2052

(d)

176,342

160,695

1.50%,

4/01/2052

(d)

549,948

422,458

2.00%,

4/01/2052

(d)

115,227

92,799

2.00%,

4/01/2052

(d)

641,265

522,594

2.00%,

4/01/2052

(d)

4,098,916

3,311,971

2.50%,

4/01/2052

(d)

661,198

556,426

3.00%,

4/01/2052

(d)

928,165

814,192

3.50%,

4/01/2052

(d)

118,513

107,965

3.50%,

4/01/2052

(d)

173,356

158,240

3.50%,

4/01/2052

(d)

140,702

128,578

2.00%,

5/01/2052

(d)

945,222

762,649

2.50%,

5/01/2052

(d)

138,112

116,155

2.50%,

5/01/2052

(d)

97,906

82,326

3.00%,

5/01/2052

(d)

393,392

347,816

3.50%,

5/01/2052

(d)

185,922

170,029

3.50%,

5/01/2052

(d)

45,749

41,677

3.50%,

5/01/2052

(d)

94,847

86,405

4.00%,

5/01/2052

(d)

91,755

86,340

4.00%,

5/01/2052

(d)

23,667

22,272

2.00%,

6/01/2052

(d)

1,129,769

912,340

2.00%,

6/01/2052

(d)

230,648

186,091

3.00%,

6/01/2052

(d)

490,893

432,062

3.00%,

6/01/2052

(d)

1,696,906

1,485,823

3.50%,

6/01/2052

(d)

184,485

168,785

3.50%,

6/01/2052

(d)

22,967

20,919

3.50%,

6/01/2052

(d)

198,810

181,785

4.00%,

6/01/2052

(d)

253,669

239,093

2.50%,

7/01/2052

(d)

686,264

577,161

3.50%,

7/01/2052

(d)

36,261

33,392

4.00%,

7/01/2052

(d)

210,566

198,267

4.50%,

7/01/2052

(d)

22,797

22,021

4.50%,

7/01/2052

(d)

139,117

135,103

4.50%,

7/01/2052

(d)

3,928,771

3,854,900

2.50%,

8/01/2052

(d)

23,104

19,431

3.50%,

8/01/2052

(d)

365,958

335,651

3.50%,

8/01/2052

(d)

296,934

271,055

3.50%,

8/01/2052

(d)

482,548

439,522

4.00%,

8/01/2052

(d)

92,530

87,070

98

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

4.50%,

8/01/2052

(d)

162,228

157,238

5.00%,

8/01/2052

(d)

22,300

22,020

5.00%,

8/01/2052

(d)

43,863

43,313

2.50%,

9/01/2052

(d)

92,675

78,142

2.50%,

9/01/2052

(d)

588,162

496,154

2.50%,

9/01/2052

(d)

938,350

789,171

4.00%,

9/01/2052

(d)

92,736

87,258

4.50%,

9/01/2052

(d)

242,553

234,250

4.50%,

9/01/2052

(d)

265,717

256,718

4.50%,

9/01/2052

(d)

91,853

88,709

5.00%,

9/01/2052

(d)

137,395

135,709

5.00%,

9/01/2052

(d)

46,442

45,873

5.00%,

9/01/2052

(d)

4,185,851

4,138,239

5.00%,

9/01/2052

(d)

40,478

39,970

3.50%,

10/01/2052

(d)

203,711

185,453

4.00%,

10/01/2052

(d)

23,066

21,703

4.50%,

10/01/2052

(d)

3,726,998

3,599,419

5.00%,

10/01/2052

(d)

293,741

290,057

5.50%,

10/01/2052

(d)

21,758

21,852

5.50%,

10/01/2052

(d)

274,623

275,830

3.50%,

11/01/2052

(d)

47,351

43,092

4.00%,

11/01/2052

(d)

23,668

22,269

4.50%,

11/01/2052

(d)

139,967

135,176

5.50%,

11/01/2052

(d)

185,632

186,533

4.50%,

12/01/2052

(d)

126,883

122,540

5.50%,

12/01/2052

(d)

68,039

68,319

6.00%,

12/01/2052

179,352

184,233

4.00%,

1/01/2053

(d)

190,746

179,478

5.50%,

1/01/2053

(d)

1,710,891

1,715,865

4.00%,

2/01/2053

(d)

4,180,661

3,933,694

4.50%,

2/01/2053

(d)

354,910

342,761

5.00%,

2/01/2053

(d)

164,839

162,772

5.50%,

2/01/2053

(d)

1,051,546

1,054,301

5.50%,

2/01/2053

(d)

145,921

147,466

6.00%,

2/01/2053

(d)

186,407

190,699

6.00%,

2/01/2053

(d)

23,384

23,981

4.00%,

3/01/2053

(d)

228,030

214,559

4.00%,

3/01/2053

(d)

72,405

68,474

5.50%,

3/01/2053

(d)

117,692

118,012

5.00%,

4/01/2053

(d)

48,602

47,990

5.50%,

4/01/2053

(d)

93,090

93,335

5.00%,

5/01/2053

(d)

165,850

163,765

5.00%,

5/01/2053

(d)

72,187

71,279

5.50%,

5/01/2053

(d)

519,237

520,605

4.50%,

6/01/2053

(d)

24,605

23,787

5.50%,

6/01/2053

(d)

48,075

48,206

5.50%,

6/01/2053

(d)

96,627

96,900

5.50%,

6/01/2053

(d)

71,070

71,257

4.00%,

7/01/2053

(d)

242,188

227,861

4.50%,

7/01/2053

(d)

194,459

187,789

5.00%,

7/01/2053

(d)

290,412

286,852

5.00%,

7/01/2053

(d)

23,798

23,518

5.00%,

7/01/2053

(d)

72,817

72,572

5.50%,

7/01/2053

(d)

339,307

342,590

6.00%,

7/01/2053

(d)

490,544

497,279

6.00%,

7/01/2053

(d)

477,984

487,210

6.50%,

7/01/2053

(d)

1,190,173

1,218,074

4.00%,

9/01/2053

(d)

73,661

69,303

6.00%,

9/01/2053

(d)

96,999

98,385

6.00%,

9/01/2053

(d)

286,010

290,306

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

(continued)

6.50%,

9/01/2053

(d)

243,488

251,753

6.00%,

10/01/2053

(d)

293,006

297,407

6.00%,

10/01/2053

(d)

498,139

510,011

6.50%,

10/01/2053

(d)

246,352

253,068

6.50%,

10/01/2053

(d)

243,671

252,966

5.50%,

11/01/2053

(d)

295,415

299,791

5.50%,

11/01/2053

(d)

246,195

246,844

6.50%,

11/01/2053

(d)

72,790

74,496

5.50%,

12/01/2053

(d)

990,123

992,731

6.50%,

1/01/2054

(d)

994,596

1,017,912

1.50%,

2/15/2054

(d)(e)

400,000

306,706

2.00%,

2/15/2054

(d)(e)

2,350,000

1,892,894

2.50%,

2/15/2054

(e)

3,250,000

2,733,058

3.00%,

2/15/2054

(d)(e)

1,525,000

1,334,948

3.50%,

2/15/2054

(d)(e)

1,025,000

932,967

4.00%,

2/15/2054

(d)(e)

50,000

47,057

4.50%,

2/15/2054

(d)(e)

625,000

603,718

5.00%,

2/15/2054

(e)

2,250,000

2,222,159

5.50%,

2/15/2054

(d)(e)

950,000

952,632

6.00%,

2/15/2054

(d)(e)

2,700,000

2,737,098

6.50%,

2/15/2054

(d)(e)

1,675,000

1,714,195

7.00%,

2/15/2054

(d)(e)

1,200,000

1,236,720

5.50%,

3/15/2054

(d)(e)

100,000

100,271

6.00%,

3/15/2054

(d)(e)

400,000

405,376

6.50%,

3/15/2054

(d)(e)

1,000,000

1,023,020

7.00%,

3/15/2054

(d)(e)

825,000

849,808

Federal

National

Mortgage

Association

REMICs

Series

2017-M13,

Class

A2,

3.03%,

9/25/2027

(d)

224,950

214,644

Series

2022-M11,

Class

A2,

3.05%,

10/25/2027

(d)

175,966

167,921

Series

2018-M1,

Class

A2,

3.09%,

12/25/2027

(d)

34,807

33,228

Series

2019-M1,

Class

A2,

3.67%,

9/25/2028

(d)

21,737

21,046

Series

2019-M5,

Class

A2,

3.27%,

2/25/2029

(d)

38,964

37,148

Series

2019-M7,

Class

A2,

3.14%,

4/25/2029

(d)

16,511

15,603

Series

2019-M12,

Class

A2,

2.89%,

6/25/2029

(d)

98,171

91,307

Series

2019-M22,

Class

A2,

2.52%,

8/25/2029

(d)

35,679

32,498

Series

2020-M20,

Class

A2,

1.44%,

10/25/2029

(d)

200,000

169,692

Series

2020-M1,

Class

A1,

2.15%,

10/25/2029

(d)

19,020

17,994

Series

2020-M1,

Class

A2,

2.44%,

10/25/2029

(d)

200,000

180,046

Series

2019-M25,

Class

A2,

2.33%,

11/25/2029

(d)

750,000

674,438

Series

2018-M12,

Class

A2,

3.76%,

8/25/2030

(d)

750,000

713,776

Series

2018-M13,

Class

A2,

3.86%,

9/25/2030

(d)

7,738

7,418

Series

2021-M1G,

Class

A2,

1.52%,

11/25/2030

(d)

60,000

49,508

Series

2022-M13,

Class

A2,

2.68%,

6/25/2032

(d)

240,000

208,598

Series

2021-M13,

Class

2A1,

1.49%,

11/25/2032

(d)

81,469

74,316

99

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Federal

National

Mortgage

Association

REMICs

(continued)

Series

2023-M8,

Class

A2,

4.62%,

3/25/2033

(d)

500,000

497,641

Government

National

Mortgage

Association

II

3.50%,

10/20/2026

10,577

10,339

2.50%,

12/20/2037

37,955

34,818

5.00%,

9/20/2039

61,287

62,369

4.50%,

2/20/2040

26,557

26,545

4.00%,

10/20/2040

17,387

16,905

5.00%,

10/20/2040

21,149

21,496

4.00%,

11/20/2040

46,110

44,831

4.50%,

1/20/2041

12,144

12,136

4.50%,

9/20/2041

23,351

23,344

4.00%,

11/20/2041

16,057

15,609

3.00%,

6/20/2042

19,249

17,606

3.00%,

8/20/2042

46,361

42,404

2.50%,

2/20/2043

229,322

202,202

3.50%,

2/20/2043

37,792

35,710

3.50%,

3/20/2043

28,472

26,832

3.00%,

4/20/2043

59,784

54,638

3.50%,

7/20/2043

75,926

71,554

4.00%,

6/20/2044

1,484,326

1,440,416

3.50%,

9/20/2044

164,714

155,184

4.00%,

11/20/2044

189,805

183,989

4.50%,

1/20/2045

23,312

23,122

3.50%,

2/20/2045

29,323

27,626

3.50%,

6/20/2045

221,647

207,847

3.00%,

8/20/2045

261,867

238,909

3.50%,

11/20/2045

200,771

188,271

3.50%,

12/20/2045

39,491

37,032

3.50%,

3/20/2046

205,909

192,874

4.00%,

3/20/2046

93,250

90,130

3.00%,

4/20/2046

36,862

33,697

3.00%,

6/20/2046

443,572

404,387

3.50%,

6/20/2046

73,797

69,125

4.00%,

6/20/2046

112,312

108,100

3.00%,

9/20/2046

178,759

162,549

2.50%,

10/20/2046

8,278

7,266

3.00%,

10/20/2046

182,237

165,884

3.00%,

11/20/2046

400,237

363,456

3.50%,

11/20/2046

78,552

73,579

2.50%,

12/20/2046

138,738

121,777

3.00%,

1/20/2047

77,438

70,415

4.00%,

1/20/2047

96,703

93,077

3.00%,

2/20/2047

353,102

321,082

3.50%,

2/20/2047

302,483

283,335

4.00%,

2/20/2047

64,641

62,217

3.00%,

5/20/2047

65,087

59,141

3.50%,

5/20/2047

107,381

100,292

4.00%,

8/20/2047

168,957

162,527

4.50%,

9/20/2047

29,630

29,264

3.00%,

10/20/2047

9,634

8,754

3.00%,

1/20/2048

422,284

383,709

3.50%,

1/20/2048

368,719

344,376

3.50%,

2/20/2048

142,591

133,177

4.50%,

3/20/2048

158,959

156,995

4.00%,

4/20/2048

311,626

299,801

3.50%,

5/20/2048

132,758

123,993

4.50%,

5/20/2048

128,109

126,526

4.50%,

6/20/2048

80,756

79,753

5.00%,

6/20/2048

67,544

68,196

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Government

National

Mortgage

Association

II

(continued)

4.00%,

7/20/2048

11,276

10,848

4.00%,

9/20/2048

11,740

11,295

3.50%,

10/20/2048

1,376,190

1,285,336

4.00%,

11/20/2048

34,386

33,081

4.50%,

11/20/2048

85,894

84,827

5.00%,

12/20/2048

37,609

37,911

3.50%,

1/20/2049

95,750

89,428

4.50%,

1/20/2049

21,709

21,439

4.00%,

2/20/2049

1,474,093

1,418,156

4.50%,

2/20/2049

1,387,573

1,370,350

3.50%,

3/20/2049

20,477

19,125

4.00%,

3/20/2049

76,990

73,996

3.50%,

4/20/2049

420,501

392,740

4.00%,

5/20/2049

49,220

47,333

3.00%,

6/20/2049

3,264,966

2,966,721

3.00%,

7/20/2049

1,515,728

1,371,797

3.00%,

8/20/2049

31,471

28,456

3.50%,

9/20/2049

170,600

159,046

4.00%,

9/20/2049

151,649

145,835

3.00%,

10/20/2049

161,601

146,031

4.50%,

10/20/2049

73,071

72,164

2.50%,

11/20/2049

1,622,849

1,417,578

2.50%,

12/20/2049

76,101

66,455

3.50%,

12/20/2049

41,843

39,000

3.00%,

1/20/2050

216,354

195,295

3.00%,

2/20/2050

267,728

241,634

3.50%,

4/20/2050

13,021

12,134

2.00%,

5/20/2050

401,373

336,108

4.00%,

5/20/2050

12,912

12,417

5.00%,

5/20/2050

28,597

29,018

2.50%,

6/20/2050

687,411

597,008

2.50%,

7/20/2050

434,978

377,706

3.00%,

7/20/2050

53,672

48,386

3.50%,

7/20/2050

1,331,111

1,240,191

2.00%,

8/20/2050

1,201,237

1,004,719

3.00%,

8/20/2050

29,110

26,179

4.00%,

8/20/2050

78,598

75,584

4.50%,

8/20/2050

18,127

17,902

2.50%,

9/20/2050

520,737

452,013

4.50%,

9/20/2050

15,190

15,001

2.00%,

10/20/2050

130,877

109,401

2.50%,

10/20/2050

3,833,639

3,327,098

2.00%,

11/20/2050

2,910,012

2,431,780

3.00%,

11/20/2050

1,777,168

1,597,916

3.50%,

11/20/2050

20,619

19,215

2.00%,

12/20/2050

318,140

265,778

2.50%,

12/20/2050

282,102

244,741

3.50%,

12/20/2050

11,253

10,460

2.00%,

1/20/2051

3,623,293

3,026,044

2.50%,

1/20/2051

347,501

301,424

3.00%,

1/20/2051

553,269

497,293

1.50%,

2/20/2051

75,401

60,292

2.50%,

2/20/2051

224,299

194,397

3.00%,

2/20/2051

179,051

160,908

2.00%,

3/20/2051

1,117,771

932,569

2.50%,

3/20/2051

329,152

285,230

4.00%,

3/20/2051

48,716

46,848

2.00%,

4/20/2051

202,990

169,325

2.50%,

4/20/2051

299,418

259,428

3.50%,

4/20/2051

95,232

88,386

100

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Government

National

Mortgage

Association

II

(continued)

2.00%,

5/20/2051

339,429

283,084

2.50%,

5/20/2051

358,318

310,416

2.50%,

6/20/2051

198,441

171,887

2.00%,

7/20/2051

177,580

148,047

2.50%,

7/20/2051

19,452

16,847

3.50%,

7/20/2051

87,531

81,117

2.50%,

8/20/2051

436,093

377,632

2.00%,

9/20/2051

1,001,531

834,658

2.50%,

9/20/2051

189,746

164,286

3.00%,

9/20/2051

2,265,565

2,031,650

2.00%,

10/20/2051

690,094

575,005

2.50%,

10/20/2051

4,247,406

3,676,959

3.50%,

10/20/2051

394,274

364,354

2.00%,

11/20/2051

955,989

796,408

3.00%,

11/20/2051

334,682

300,024

2.00%,

12/20/2051

4,691,724

3,907,819

2.50%,

12/20/2051

253,737

219,628

3.00%,

12/20/2051

178,648

160,120

2.00%,

1/20/2052

2,409,183

2,006,278

2.50%,

1/20/2052

4,740,175

4,102,372

3.00%,

1/20/2052

611,106

547,632

3.50%,

1/20/2052

588,329

543,683

2.00%,

2/20/2052

131,704

109,632

2.50%,

2/20/2052

1,209,214

1,046,361

3.50%,

2/20/2052

479,177

442,814

2.00%,

3/20/2052

311,354

259,174

2.50%,

3/20/2052

721,103

623,885

3.00%,

3/20/2052

1,302,210

1,165,841

2.00%,

4/20/2052

31,123

25,907

3.00%,

4/20/2052

88,809

79,509

3.50%,

4/20/2052

562,279

519,001

2.50%,

5/20/2052

1,065,896

922,062

3.00%,

5/20/2052

89,780

80,378

3.50%,

5/20/2052

63,259

58,390

2.00%,

6/20/2052

764,894

636,704

2.50%,

6/20/2052

30,850

26,687

3.00%,

6/20/2052

112,600

100,809

4.00%,

6/20/2052

114,175

108,500

3.50%,

7/20/2052

22,911

21,147

4.50%,

7/20/2052

413,376

403,371

5.00%,

7/20/2052

123,541

122,803

3.00%,

8/20/2052

155,093

139,195

3.50%,

8/20/2052

3,171,398

2,927,303

4.00%,

8/20/2052

209,246

198,668

4.50%,

8/20/2052

416,553

406,048

3.50%,

9/20/2052

93,108

85,941

4.00%,

9/20/2052

257,540

244,521

4.50%,

9/20/2052

256,841

250,363

5.50%,

9/20/2052

132,899

133,853

4.00%,

10/20/2052

23,607

22,414

4.50%,

10/20/2052

221,104

215,528

3.00%,

11/20/2052

276,247

247,755

4.00%,

11/20/2052

47,367

44,973

4.00%,

12/20/2052

277,446

263,422

6.50%,

12/20/2052

85,664

87,534

5.00%,

1/20/2053

238,128

236,706

3.50%,

2/20/2053

46,629

43,234

5.00%,

2/20/2053

2,866,924

2,849,803

5.50%,

2/20/2053

952,815

959,656

4.50%,

3/20/2053

208,047

202,800

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Government

Agencies

–

28.2%

(continued)

Government

National

Mortgage

Association

II

(continued)

4.00%,

4/20/2053

96,428

91,554

5.50%,

4/20/2053

198,181

199,608

4.00%,

5/20/2053

34,020

32,301

5.50%,

5/20/2053

48,884

49,236

6.50%,

5/20/2053

168,114

171,851

4.00%,

6/20/2053

72,954

69,266

5.00%,

6/20/2053

24,592

24,426

4.50%,

7/20/2053

197,498

192,249

5.00%,

7/20/2053

360,176

357,752

5.50%,

7/20/2053

73,958

74,490

3.50%,

8/20/2053

72,047

66,915

4.00%,

8/20/2053

2,092,798

1,987,009

4.50%,

8/20/2053

988,915

962,634

5.00%,

8/20/2053

1,043,250

1,036,227

5.00%,

9/20/2053

124,063

123,228

4.00%,

10/20/2053

173,370

164,618

5.00%,

10/20/2053

223,961

222,453

5.50%,

10/20/2053

2,336,865

2,353,694

6.00%,

11/20/2053

2,615,181

2,654,908

2.00%,

2/15/2054

(e)

625,000

520,568

2.50%,

2/15/2054

(e)

550,000

475,759

3.00%,

2/15/2054

(e)

1,025,000

918,144

3.50%,

2/15/2054

(e)

1,775,000

1,639,184

4.00%,

2/15/2054

(e)

600,000

569,941

4.50%,

2/15/2054

(e)

2,500,000

2,434,695

5.00%,

2/15/2054

(e)

1,575,000

1,564,859

5.50%,

2/15/2054

(e)

1,750,000

1,762,758

6.00%,

2/15/2054

(e)

1,450,000

1,471,910

6.50%,

2/15/2054

(e)

2,000,000

2,043,920

7.00%,

2/15/2054

(e)

650,000

667,622

5.50%,

3/15/2054

(e)

50,000

50,349

6.00%,

3/15/2054

(e)

225,000

228,254

6.50%,

3/15/2054

(e)

300,000

306,297

7.00%,

3/15/2054

(e)

325,000

333,483

Tennessee

Valley

Authority

3.88%,

3/15/2028

700,000

695,684

Series

B,

4.70%,

7/15/2033

157,000

162,118

5.25%,

9/15/2039

210,000

221,089

4.25%,

9/15/2065

200,000

177,998

Total

U.S.

Government

Agencies

(cost

$484,908,855)

476,106,479

U.S.

Treasury

Government

Securities

–

41.1%

U.S.

Treasury

Bonds

7.63%,

2/15/2025

(a)

1,945,000

2,006,617

6.63%,

2/15/2027

566,000

606,947

6.13%,

11/15/2027

15,000

16,126

6.25%,

5/15/2030

140,000

157,555

4.75%,

2/15/2037

(a)

86,100

93,230

5.00%,

5/15/2037

(a)

755,000

835,219

4.38%,

11/15/2039

105,000

107,822

1.13%,

5/15/2040

6,195,000

3,930,921

4.38%,

5/15/2040

4,490,000

4,595,234

1.13%,

8/15/2040

1,950,000

1,224,844

3.88%,

8/15/2040

855,000

821,201

1.38%,

11/15/2040

5,885,000

3,844,560

4.25%,

11/15/2040

125,000

125,566

1.88%,

2/15/2041

7,005,000

4,959,321

4.75%,

2/15/2041

540,000

575,353

2.25%,

5/15/2041

2,269,600

1,703,618

1.75%,

8/15/2041

4,104,000

2,815,087

101

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

41.1%

(continued)

U.S.

Treasury

Bonds

(continued)

3.75%,

8/15/2041

155,000

145,240

2.00%,

11/15/2041

1,712,000

1,221,940

3.13%,

11/15/2041

120,000

102,675

2.38%,

2/15/2042

5,850,000

4,424,062

3.13%,

2/15/2042

1,215,000

1,037,116

3.00%,

5/15/2042

1,075,000

896,953

3.25%,

5/15/2042

1,545,000

1,336,425

2.75%,

8/15/2042

717,000

573,488

3.38%,

8/15/2042

5,330,000

4,687,069

2.75%,

11/15/2042

347,000

276,787

4.00%,

11/15/2042

5,660,000

5,429,178

3.13%,

2/15/2043

235,000

198,281

3.88%,

2/15/2043

5,100,000

4,801,172

2.88%,

5/15/2043

1,011,800

819,242

4.38%,

8/15/2043

2,568,000

2,586,859

3.75%,

11/15/2043

230,000

212,031

4.75%,

11/15/2043

(a)

330,000

349,542

3.63%,

2/15/2044

1,150,000

1,039,852

3.38%,

5/15/2044

4,045,000

3,516,622

3.13%,

8/15/2044

140,000

116,812

3.00%,

11/15/2044

1,360,000

1,109,037

2.50%,

2/15/2045

2,792,300

2,078,955

3.00%,

5/15/2045

295,000

239,549

2.88%,

8/15/2045

634,000

502,544

3.00%,

11/15/2045

285,300

230,826

2.50%,

2/15/2046

1,625,000

1,196,660

2.50%,

5/15/2046

7,355,000

5,402,477

2.25%,

8/15/2046

5,275,000

3,676,840

2.88%,

11/15/2046

145,000

113,848

3.00%,

2/15/2047

265,000

212,455

3.00%,

5/15/2047

957,000

766,049

2.75%,

8/15/2047

1,165,000

888,495

2.75%,

11/15/2047

925,000

704,445

3.00%,

2/15/2048

1,231,000

981,145

3.13%,

5/15/2048

1,110,000

904,650

3.00%,

8/15/2048

5,375,000

4,273,965

3.38%,

11/15/2048

1,702,000

1,448,827

3.00%,

2/15/2049

720,000

571,837

2.88%,

5/15/2049

1,125,000

872,227

2.25%,

8/15/2049

2,955,000

2,007,553

2.38%,

11/15/2049

7,555,000

5,270,793

2.00%,

2/15/2050

1,485,000

947,616

1.25%,

5/15/2050

2,438,000

1,268,903

1.38%,

8/15/2050

6,195,000

3,331,748

1.63%,

11/15/2050

3,375,000

1,942,734

1.88%,

2/15/2051

6,215,000

3,812,514

2.38%,

5/15/2051

1,885,000

1,304,184

2.00%,

8/15/2051

4,000,000

2,526,875

1.88%,

11/15/2051

6,745,000

4,116,558

2.25%,

2/15/2052

3,350,000

2,247,117

2.88%,

5/15/2052

1,980,300

1,529,163

4.00%,

11/15/2052

4,650,000

4,465,453

3.63%,

2/15/2053

6,100,000

5,472,844

3.63%,

5/15/2053

6,345,000

5,703,560

4.13%,

8/15/2053

6,940,000

6,819,634

4.75%,

11/15/2053

600,000

655,219

U.S.

Treasury

Notes

1.50%,

2/15/2025

1,685,000

1,629,908

1.13%,

2/28/2025

1,075,000

1,035,065

4.63%,

2/28/2025

5,140,000

5,135,784

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

41.1%

(continued)

U.S.

Treasury

Notes

(continued)

1.75%,

3/15/2025

4,085,000

3,956,546

0.50%,

3/31/2025

3,174,900

3,028,557

2.63%,

3/31/2025

500,000

488,809

3.88%,

3/31/2025

4,550,000

4,511,787

2.63%,

4/15/2025

3,680,000

3,595,619

0.38%,

4/30/2025

1,300,000

1,234,543

2.88%,

4/30/2025

240,000

235,078

3.88%,

4/30/2025

5,710,000

5,662,937

2.13%,

5/15/2025

5,605,000

5,439,477

2.75%,

5/15/2025

5,375,000

5,256,372

0.25%,

5/31/2025

3,486,000

3,295,632

2.88%,

5/31/2025

(a)

755,000

739,133

4.25%,

5/31/2025

(a)

3,740,000

3,726,998

2.88%,

6/15/2025

5,580,000

5,461,425

0.25%,

6/30/2025

1,825,000

1,720,775

4.63%,

6/30/2025

5,230,000

5,242,666

3.00%,

7/15/2025

1,500,000

1,469,766

0.25%,

7/31/2025

1,800,000

1,691,859

4.75%,

7/31/2025

2,240,000

2,250,500

2.00%,

8/15/2025

6,180,000

5,961,286

3.13%,

8/15/2025

910,000

892,689

0.25%,

8/31/2025

2,013,800

1,887,387

2.75%,

8/31/2025

920,000

897,180

5.00%,

8/31/2025

905,000

913,343

3.50%,

9/15/2025

3,415,000

3,368,177

0.25%,

9/30/2025

1,535,000

1,435,165

3.00%,

9/30/2025

326,200

319,179

5.00%,

9/30/2025

2,095,000

2,116,523

4.25%,

10/15/2025

1,130,000

1,128,455

0.25%,

10/31/2025

1,610,000

1,500,885

5.00%,

10/31/2025

5,960,000

6,027,981

2.25%,

11/15/2025

2,090,000

2,016,850

4.50%,

11/15/2025

(a)

645,000

647,116

0.38%,

11/30/2025

2,425,000

2,259,892

2.88%,

11/30/2025

315,100

307,309

4.88%,

11/30/2025

(a)

6,721,000

6,790,573

4.00%,

12/15/2025

665,000

661,805

0.38%,

12/31/2025

(a)

1,595,000

1,482,976

2.63%,

12/31/2025

450,000

436,729

4.25%,

12/31/2025

(a)

3,555,000

3,555,278

3.88%,

1/15/2026

5,690,000

5,651,770

0.38%,

1/31/2026

8,120,000

7,527,494

2.63%,

1/31/2026

325,000

315,187

4.25%,

1/31/2026

3,785,000

3,787,218

1.63%,

2/15/2026

5,600,000

5,319,125

4.00%,

2/15/2026

2,156,200

2,147,609

0.50%,

2/28/2026

3,690,000

3,420,457

2.50%,

2/28/2026

1,536,100

1,484,497

4.63%,

3/15/2026

1,700,000

1,715,008

0.75%,

3/31/2026

4,540,000

4,223,973

2.25%,

3/31/2026

580,000

557,253

3.75%,

4/15/2026

2,375,000

2,354,590

0.75%,

4/30/2026

7,760,000

7,200,431

2.38%,

4/30/2026

245,000

235,793

1.63%,

5/15/2026

1,080,000

1,021,191

3.63%,

5/15/2026

5,180,000

5,122,939

0.75%,

5/31/2026

6,110,000

5,656,046

4.13%,

6/15/2026

600,000

600,141

0.88%,

6/30/2026

3,025,000

2,804,742

1.88%,

6/30/2026

140,000

133,033

102

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

41.1%

(continued)

U.S.

Treasury

Notes

(continued)

4.50%,

7/15/2026

725,000

731,797

0.63%,

7/31/2026

5,965,000

5,479,412

1.88%,

7/31/2026

199,000

188,646

1.50%,

8/15/2026

1,185,000

1,111,678

4.38%,

8/15/2026

5,405,000

5,442,582

0.75%,

8/31/2026

2,450,000

2,252,852

1.38%,

8/31/2026

1,030,000

962,567

4.63%,

9/15/2026

710,000

719,652

0.88%,

9/30/2026

1,830,000

1,685,745

1.63%,

9/30/2026

1,525,800

1,433,656

4.63%,

10/15/2026

3,995,200

4,053,255

1.13%,

10/31/2026

6,320,000

5,845,012

1.63%,

10/31/2026

1,770,000

1,659,652

2.00%,

11/15/2026

1,120,000

1,060,325

4.63%,

11/15/2026

(a)

2,600,000

2,640,016

1.25%,

11/30/2026

3,260,000

3,020,084

1.63%,

11/30/2026

375,000

351,240

4.38%,

12/15/2026

2,820,000

2,847,319

1.25%,

12/31/2026

2,385,700

2,207,518

1.75%,

12/31/2026

488,800

458,785

4.00%,

1/15/2027

3,280,000

3,280,000

1.50%,

1/31/2027

3,225,000

2,999,250

2.25%,

2/15/2027

(a)

1,405,700

1,335,854

1.13%,

2/28/2027

148,900

136,662

1.88%,

2/28/2027

1,125,100

1,056,451

0.63%,

3/31/2027

1,875,700

1,690,182

2.50%,

3/31/2027

1,046,800

1,001,166

0.50%,

4/30/2027

1,826,500

1,635,003

2.75%,

4/30/2027

7,200,000

6,931,688

2.38%,

5/15/2027

5,846,100

5,559,732

0.50%,

5/31/2027

1,190,000

1,062,354

2.63%,

5/31/2027

6,700,000

6,419,437

0.50%,

6/30/2027

1,966,700

1,751,592

3.25%,

6/30/2027

5,000,000

4,887,891

0.38%,

7/31/2027

1,429,700

1,264,168

2.75%,

7/31/2027

5,460,000

5,245,439

2.25%,

8/15/2027

1,755,000

1,656,967

0.50%,

8/31/2027

1,850,000

1,638,984

3.13%,

8/31/2027

1,095,000

1,064,716

0.38%,

9/30/2027

2,170,000

1,908,583

4.13%,

9/30/2027

1,572,000

1,581,579

0.50%,

10/31/2027

5,965,000

5,257,122

4.13%,

10/31/2027

(a)

3,705,000

3,727,867

2.25%,

11/15/2027

1,125,000

1,058,730

0.63%,

11/30/2027

2,130,000

1,881,888

3.88%,

11/30/2027

1,355,700

1,352,417

0.63%,

12/31/2027

2,795,800

2,464,017

3.88%,

12/31/2027

786,700

785,102

0.75%,

1/31/2028

7,000,000

6,185,703

3.50%,

1/31/2028

807,900

795,340

2.75%,

2/15/2028

5,780,000

5,527,125

1.13%,

2/29/2028

5,275,000

4,725,246

4.00%,

2/29/2028

979,600

982,355

1.25%,

3/31/2028

1,374,300

1,234,830

3.63%,

3/31/2028

5,000,000

4,945,313

1.25%,

4/30/2028

2,312,700

2,073,661

3.50%,

4/30/2028

1,892,800

1,862,634

2.88%,

5/15/2028

1,768,100

1,696,409

1.25%,

5/31/2028

5,805,000

5,195,929

3.63%,

5/31/2028

(a)

1,554,800

1,537,916

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

41.1%

(continued)

U.S.

Treasury

Notes

(continued)

1.25%,

6/30/2028

2,815,800

2,515,521

4.00%,

6/30/2028

804,800

808,132

1.00%,

7/31/2028

5,129,300

4,520,997

4.13%,

7/31/2028

(a)

5,340,000

5,390,897

2.88%,

8/15/2028

1,234,000

1,181,748

1.13%,

8/31/2028

1,490,000

1,318,301

4.38%,

8/31/2028

5,350,000

5,459,090

1.25%,

9/30/2028

3,986,600

3,540,911

4.63%,

9/30/2028

1,100,000

1,134,117

1.38%,

10/31/2028

3,860,000

3,441,733

4.88%,

10/31/2028

(a)

2,573,900

2,682,889

3.13%,

11/15/2028

6,025,000

5,825,893

1.50%,

11/30/2028

7,930,000

7,102,306

4.38%,

11/30/2028

(a)

6,120,000

6,255,309

1.38%,

12/31/2028

3,780,200

3,360,243

1.75%,

1/31/2029

3,880,500

3,506,396

4.00%,

1/31/2029

3,845,000

3,868,731

2.63%,

2/15/2029

2,195,900

2,069,464

1.88%,

2/28/2029

4,174,800

3,790,262

2.38%,

3/31/2029

900,000

836,508

2.88%,

4/30/2029

6,677,700

6,356,857

2.38%,

5/15/2029

5,665,000

5,258,713

2.75%,

5/31/2029

1,115,000

1,053,762

3.25%,

6/30/2029

2,070,400

2,005,053

2.63%,

7/31/2029

2,150,000

2,015,793

1.63%,

8/15/2029

440,000

391,737

3.13%,

8/31/2029

5,770,000

5,546,412

3.88%,

9/30/2029

545,000

544,021

4.00%,

10/31/2029

2,274,800

2,284,930

1.75%,

11/15/2029

4,050,000

3,618,422

3.88%,

11/30/2029

555,000

554,003

3.88%,

12/31/2029

6,980,000

6,965,822

3.50%,

1/31/2030

5,150,000

5,036,539

1.50%,

2/15/2030

4,247,600

3,702,381

4.00%,

2/28/2030

6,150,000

6,176,906

3.63%,

3/31/2030

3,800,000

3,739,437

3.50%,

4/30/2030

1,580,000

1,543,586

0.63%,

5/15/2030

6,560,000

5,367,413

3.75%,

5/31/2030

595,000

589,282

3.75%,

6/30/2030

300,000

297,188

4.00%,

7/31/2030

842,000

846,013

0.63%,

8/15/2030

8,530,000

6,922,628

4.13%,

8/31/2030

(a)

1,105,300

1,118,080

4.63%,

9/30/2030

1,548,500

1,611,892

4.88%,

10/31/2030

1,047,800

1,106,411

0.88%,

11/15/2030

7,165,000

5,888,734

4.38%,

11/30/2030

(a)

373,100

383,185

3.75%,

12/31/2030

(a)

2,495,000

2,470,440

4.00%,

1/31/2031

1,500,000

1,508,906

1.13%,

2/15/2031

(a)

5,510,000

4,596,545

1.63%,

5/15/2031

5,585,000

4,786,520

1.25%,

8/15/2031

7,405,900

6,129,539

1.38%,

11/15/2031

(a)

8,080,000

6,707,662

1.88%,

2/15/2032

7,915,000

6,800,716

2.88%,

5/15/2032

8,440,000

7,808,319

2.75%,

8/15/2032

4,930,000

4,505,558

4.13%,

11/15/2032

3,270,000

3,314,452

3.50%,

2/15/2033

6,458,400

6,241,438

3.38%,

5/15/2033

(a)

6,950,000

6,645,938

3.88%,

8/15/2033

(a)

8,610,000

8,562,914

103

See

Notes

to

Statements

of

Investments

BNY

Mellon

Core

Bond

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

U.S.

Treasury

Government

Securities

–

41.1%

(continued)

U.S.

Treasury

Notes

(continued)

4.50%,

11/15/2033

(a)

8,300,000

8,673,500

Total

U.S.

Treasury

Government

Securities

(cost

$701,608,998)

694,318,567

Shares

Investment

Companies

–

2.7%

Registered

Investment

Companies

–

2.7%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$44,915,071)

44,915,071

44,915,071

Investment

of

Cash

Collateral

for

Securities

Loaned

–

0.4%

Registered

Investment

Companies

–

0.4%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(f)(g)

(cost

$6,030,609)

6,030,609

6,030,609

Total

Investments

(cost

$1,751,438,615)

102.2%

1,728,061,103

Liabilities,

Less

Cash

and

Receivables

(2.2)%

(37,774,593)

Net

Assets

100.0%

1,690,286,510

GO—General

Obligation

RB—Revenue

Bond

REIT—Real

Estate

Investment

Trust

REMICs—Real

Estate

Mortgage

Investment

Conduits

(a)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2024,

the

value

of

the

fund’s

securities

on

loan

was

$66,276,789

and

the

value

of

the

collateral

was

$70,529,684,

consisting

of

cash

collateral

of

$6,030,609

and

U.S.

Government

&

Agency

securities

valued

at

$64,499,075.

In

addition,

the

value

of

collateral

may

include

pending

sales

that

are

also

on

loan.

(b)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2024,

these

securities

were

valued

at

$3,611,452

or

0.21%

of

net

assets.

(c)

Denotes

a

zero

coupon

security

issued

at

a

substantial

discount

from

its

value

at

maturity.

(d)

The

Federal

Housing

Finance

Agency

(“FHFA”)

placed

the

Federal

Home

Loan

Mortgage

Corporation

and

Federal

National

Mortgage

Association

into

conservatorship

with

FHFA

as

the

conservator.

As

such,

the

FHFA

oversees

the

continuing

affairs

of

these

companies.

(e)

Purchased

on

a

forward

commitment

basis.

(f)

Investment

in

affiliated

issuer.

The

investment

objective

of

this

investment

company

is

publicly

available

and

can

be

found

within

the

investment

company’s

prospectus.

(g)

The

rate

shown

is

the

1-day

yield

as

of

January

31,

2024.

104

STATEMENT

OF

INVESTMENTS

January

31,

2024

(Unaudited)

BNY

Mellon

High

Yield

Beta

ETF

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

Basic

Materials

–

4.5%

Ahlstrom

Holding

3

Oy

,

4.88%

,

2/04/2028

(a)

16,000

14,447

Allegheny

Ludlum

LLC

,

6.95%

,

12/15/2025

30,000

30,562

AngloGold

Ashanti

Holdings

PLC

,

6.50%

,

4/15/2040

25,000

24,741

Arsenal

AIC

Parent

LLC

,

8.00%

,

10/01/2030

(a)

104,000

108,796

Ashland,

Inc.

3.38%,

9/01/2031

(a)

115,000

97,703

6.88%,

5/15/2043

65,000

64,379

ASP

Unifrax

Holdings,

Inc.

5.25%,

9/30/2028

(a)

190,000

123,324

7.50%,

9/30/2029

(a)

67,000

31,920

ATI,

Inc.

5.88%,

12/01/2027

(b)

73,000

71,756

4.88%,

10/01/2029

147,000

135,781

7.25%,

8/15/2030

80,000

82,447

5.13%,

10/01/2031

10,000

9,159

Avient

Corp.

5.75%,

5/15/2025

(a)

24,000

23,912

7.13%,

8/01/2030

(a)

278,000

285,445

Axalta

Coating

Systems

LLC

,

3.38%

,

2/15/2029

(a)(b)

70,000

62,212

Axalta

Coating

Systems

LLC

/

Axalta

Coating

Systems

Dutch

Holding

B

BV

,

4.75%

,

6/15/2027

(a)

55,000

53,093

Baffinland

Iron

Mines

Corp.

/

Baffinland

Iron

Mines

LP

,

8.75%

,

7/15/2026

(a)

166,000

152,068

Big

River

Steel

LLC

/

BRS

Finance

Corp.

,

6.63%

,

1/31/2029

(a)

103,000

104,177

Carpenter

Technology

Corp.

6.38%,

7/15/2028

135,000

134,799

7.63%,

3/15/2030

80,000

82,673

Century

Aluminum

Co.

,

7.50%

,

4/01/2028

(a)

34,000

33,006

Cerdia

Finanz

GMBH

,

10.50%

,

2/15/2027

(a)

80,000

82,130

Chemours

Co.

(The)

5.38%,

5/15/2027

150,000

145,790

5.75%,

11/15/2028

(a)

270,000

255,175

4.63%,

11/15/2029

(a)

13,000

11,371

Cleveland-Cliffs,

Inc.

6.75%,

3/15/2026

(a)

127,000

127,583

5.88%,

6/01/2027

(b)

192,000

190,674

4.63%,

3/01/2029

(a)

11,000

10,315

6.75%,

4/15/2030

(a)

156,000

157,311

4.88%,

3/01/2031

(a)

11,000

9,911

6.25%,

10/01/2040

96,000

84,424

Coeur

Mining,

Inc.

,

5.13%

,

2/15/2029

(a)(b)

19,000

17,293

Commercial

Metals

Co.

4.13%,

1/15/2030

45,000

41,020

3.88%,

2/15/2031

9,000

7,927

4.38%,

3/15/2032

20,000

17,854

Compass

Minerals

International,

Inc.

,

6.75%

,

12/01/2027

(a)

83,000

81,859

Consolidated

Energy

Finance

SA

6.50%,

5/15/2026

(a)

225,000

206,285

5.63%,

10/15/2028

(a)

236,000

193,130

Constellium

SE

5.88%,

2/15/2026

(a)

11,000

10,929

5.63%,

6/15/2028

(a)

65,000

63,579

3.75%,

4/15/2029

(a)

40,000

36,026

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Basic

Materials

–

4.5%

(continued)

CVR

Partners

LP

/

CVR

Nitrogen

Finance

Corp.

,

6.13%

,

6/15/2028

(a)

95,000

89,562

Domtar

Corp.

,

6.75%

,

10/01/2028

(a)

115,000

105,571

Element

Solutions,

Inc.

,

3.88%

,

9/01/2028

(a)

85,000

77,733

FMG

Resources

(August

2006)

Pty

Ltd.

4.50%,

9/15/2027

(a)

252,000

241,987

5.88%,

4/15/2030

(a)

155,000

153,440

4.38%,

4/01/2031

(a)

316,000

284,923

6.13%,

4/15/2032

(a)(b)

134,000

132,530

Glatfelter

Corp.

,

4.75%

,

11/15/2029

(a)

208,000

150,337

GPD

Cos.,

Inc.

,

10.13%

,

4/01/2026

(a)

220,000

205,377

HB

Fuller

Co.

4.00%,

2/15/2027

10,000

9,582

4.25%,

10/15/2028

65,000

60,534

Hecla

Mining

Co.

,

7.25%

,

2/15/2028

50,000

50,136

Herens

Holdco

Sarl

,

4.75%

,

5/15/2028

(a)

25,000

21,137

Hudbay

Minerals,

Inc.

4.50%,

4/01/2026

30,000

29,070

6.13%,

4/01/2029

20,000

19,725

Illuminate

Buyer

LLC

/

Illuminate

Holdings

IV,

Inc.

,

9.00%

,

7/01/2028

(a)

95,000

93,432

INEOS

Finance

PLC

,

6.75%

,

5/15/2028

(a)(b)

255,000

249,327

INEOS

Quattro

Finance

2

PLC

,

9.63%

,

3/15/2029

(a)

240,000

252,338

Infrabuild

Australia

Pty

Ltd.

,

14.50%

,

11/15/2028

(a)

140,000

143,191

Ingevity

Corp.

,

3.88%

,

11/01/2028

(a)

86,000

75,835

Innophos

Holdings,

Inc.

,

9.38%

,

2/15/2028

(a)

42,000

35,689

Iris

Holdings,

Inc.

8.75%,

2/15/2026

(a)(c)

65,000

55,352

10.00%,

12/15/2028

(a)

75,000

63,900

JW

Aluminum

Continuous

Cast

Co.

,

10.25%

,

6/01/2026

(a)

330,000

333,336

Kaiser

Aluminum

Corp.

4.63%,

3/01/2028

(a)

181,000

166,732

4.50%,

6/01/2031

(a)

87,000

74,353

Kobe

US

Midco

2,

Inc.

,

9.25%

,

11/01/2026

(a)(c)

65,750

54,600

LSF11

A5

HoldCo

LLC

,

6.63%

,

10/15/2029

(a)

171,000

145,460

Mativ

Holdings,

Inc.

,

6.88%

,

10/01/2026

(a)

72,000

68,968

Mercer

International,

Inc.

5.50%,

1/15/2026

5,000

4,838

12.88%,

10/01/2028

(a)

195,000

209,464

5.13%,

2/01/2029

(b)

158,000

135,492

Methanex

Corp.

5.13%,

10/15/2027

144,000

138,707

5.25%,

12/15/2029

(b)

95,000

90,732

Mineral

Resources

Ltd.

8.13%,

5/01/2027

(a)

119,000

120,110

8.00%,

11/01/2027

(a)

11,000

11,218

9.25%,

10/01/2028

(a)

270,000

284,875

8.50%,

5/01/2030

(a)

269,000

278,033

Minerals

Technologies,

Inc.

,

5.00%

,

7/01/2028

(a)

85,000

81,261

New

Gold,

Inc.

,

7.50%

,

7/15/2027

(a)

33,000

32,833

Novelis

Corp.

3.25%,

11/15/2026

(a)

92,000

86,135

4.75%,

1/30/2030

(a)

209,000

193,894

3.88%,

8/15/2031

(a)

125,000

108,495

105

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Basic

Materials

–

4.5%

(continued)

Nufarm

Australia

Ltd.

/

Nufarm

Americas,

Inc.

,

5.00%

,

1/27/2030

(a)

95,000

86,946

Olin

Corp.

5.13%,

9/15/2027

196,000

190,626

5.63%,

8/01/2029

(b)

144,000

142,169

5.00%,

2/01/2030

191,000

180,982

Olympus

Water

US

Holding

Corp.

7.13%,

10/01/2027

(a)

110,000

110,757

4.25%,

10/01/2028

(a)

10,000

9,125

9.75%,

11/15/2028

(a)

453,000

480,509

6.25%,

10/01/2029

(a)

156,000

143,937

Perenti

Finance

Pty

Ltd.

,

6.50%

,

10/07/2025

(a)

60,000

59,208

Polar

US

Borrower

LLC

/

Schenectady

International

Group,

Inc.

,

6.75%

,

5/15/2026

(a)

25,000

5,959

Rain

Carbon,

Inc.

,

12.25%

,

9/01/2029

(a)(b)

174,000

172,137

Rayonier

AM

Products,

Inc.

,

7.63%

,

1/15/2026

(a)

210,000

184,038

SCIH

Salt

Holdings,

Inc.

4.88%,

5/01/2028

(a)

249,000

231,092

6.63%,

5/01/2029

(a)

109,000

99,077

SCIL

IV

LLC

/

SCIL

USA

Holdings

LLC

,

5.38%

,

11/01/2026

(a)

295,000

286,837

SK

Invictus

Intermediate

II

Sarl

,

5.00%

,

10/30/2029

(a)

10,000

8,493

SNF

Group

SACA

3.13%,

3/15/2027

(a)

131,000

121,189

3.38%,

3/15/2030

(a)

11,000

9,433

Tacora

Resources,

Inc.

,

8.25%

,

5/15/2026

(a)(d)

64,000

34,941

Taseko

Mines

Ltd.

,

7.00%

,

2/15/2026

(a)

355,000

348,864

TMS

International

Corp.

,

6.25%

,

4/15/2029

(a)

11,000

9,465

TPC

Group,

Inc.

,

13.00%

,

12/16/2027

(a)

30,000

30,510

Trinseo

Materials

Operating

SCA

/

Trinseo

Materials

Finance,

Inc.

,

5.13%

,

4/01/2029

(a)

25,000

9,794

Tronox,

Inc.

,

4.63%

,

3/15/2029

(a)

160,000

141,294

United

States

Steel

Corp.

6.88%,

3/01/2029

98,000

99,433

6.65%,

6/01/2037

10,000

10,431

Valvoline,

Inc.

,

3.63%

,

6/15/2031

(a)

280,000

239,396

Vibrantz

Technologies,

Inc.

,

9.00%

,

2/15/2030

(a)

185,000

153,946

WR

Grace

Holdings

LLC

4.88%,

6/15/2027

(a)

217,000

207,486

5.63%,

8/15/2029

(a)

259,000

228,462

7.38%,

3/01/2031

(a)

10,000

10,179

12,743,945

Communications

–

14.7%

Acuris

Finance

US,

Inc.

/

Acuris

Finance

Sarl

,

5.00%

,

5/01/2028

(a)

20,000

17,534

Advantage

Sales

&

Marketing,

Inc.

,

6.50%

,

11/15/2028

(a)

135,000

127,398

Altice

Financing

SA

5.00%,

1/15/2028

(a)

370,000

331,767

5.75%,

8/15/2029

(a)

520,000

453,634

Altice

France

Holding

SA

10.50%,

5/15/2027

(a)

333,000

191,128

6.00%,

2/15/2028

(a)

250,000

111,409

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Communications

–

14.7%

(continued)

Altice

France

SA

8.13%,

2/01/2027

(a)

360,000

321,831

5.50%,

1/15/2028

(a)

299,000

234,042

5.13%,

1/15/2029

(a)

14,000

10,361

5.13%,

7/15/2029

(a)

374,000

273,743

5.50%,

10/15/2029

(a)

400,000

295,037

AMC

Networks,

Inc.

4.75%,

8/01/2025

178,000

171,547

4.25%,

2/15/2029

245,000

189,000

Angi

Group

LLC

,

3.88%

,

8/15/2028

(a)

97,000

83,336

Arches

Buyer,

Inc.

4.25%,

6/01/2028

(a)

232,000

206,877

6.13%,

12/01/2028

(a)

206,000

177,964

Audacy

Capital

Corp.

,

6.75%

,

3/31/2029

(a)(d)

8,000

313

Belo

Corp.

7.75%,

6/01/2027

10,000

10,248

7.25%,

9/15/2027

(b)

75,000

75,979

Block

Communications,

Inc.

,

4.88%

,

3/01/2028

(a)

40,000

35,918

British

Telecommunications

PLC

4.25%,

11/23/2081

(a)

184,000

172,607

4.88%,

11/23/2081

(a)

40,000

35,275

Cable

One,

Inc.

,

4.00%

,

11/15/2030

(a)(b)

238,000

192,074

Cablevision

Lightpath

LLC

3.88%,

9/15/2027

(a)

14,000

12,542

5.63%,

9/15/2028

(a)

185,000

156,349

Cars.com,

Inc.

,

6.38%

,

11/01/2028

(a)

105,000

102,490

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp.

5.50%,

5/01/2026

(a)

64,000

63,393

5.13%,

5/01/2027

(a)

670,000

645,958

5.00%,

2/01/2028

(a)

535,000

504,878

5.38%,

6/01/2029

(a)

525,000

488,337

6.38%,

9/01/2029

(a)

441,000

429,201

4.75%,

3/01/2030

(a)

719,000

638,830

4.50%,

8/15/2030

(a)

640,000

555,628

4.25%,

2/01/2031

(a)

1,051,000

885,689

7.38%,

3/01/2031

(a)

265,000

267,708

4.75%,

2/01/2032

(a)

294,000

252,141

4.50%,

5/01/2032

669,000

558,279

4.50%,

6/01/2033

(a)

427,000

350,032

4.25%,

1/15/2034

(a)

566,000

450,796

Ciena

Corp.

,

4.00%

,

1/31/2030

(a)

75,000

69,079

Clear

Channel

International

BV

,

6.63%

,

8/01/2025

(a)

143,000

143,189

Clear

Channel

Outdoor

Holdings,

Inc.

5.13%,

8/15/2027

(a)(b)

180,000

169,786

7.75%,

4/15/2028

(a)

159,000

137,870

9.00%,

9/15/2028

(a)

12,000

12,531

7.50%,

6/01/2029

(a)

87,000

72,007

CMG

Media

Corp.

,

8.88%

,

12/15/2027

(a)

317,000

247,016

Cogent

Communications

Group,

Inc.

3.50%,

5/01/2026

(a)

70,000

67,197

7.00%,

6/15/2027

(a)

125,000

125,560

CommScope

Technologies

LLC

6.00%,

6/15/2025

(a)

289,000

229,777

5.00%,

3/15/2027

(a)

26,000

9,580

106

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Communications

–

14.7%

(continued)

CommScope,

Inc.

6.00%,

3/01/2026

(a)

408,000

353,325

8.25%,

3/01/2027

(a)

215,000

94,958

7.13%,

7/01/2028

(a)

99,000

42,973

4.75%,

9/01/2029

(a)

390,000

257,915

Connect

Finco

Sarl

/

Connect

US

Finco

LLC

,

6.75%

,

10/01/2026

(a)

609,000

595,302

Consolidated

Communications,

Inc.

5.00%,

10/01/2028

(a)

435,000

355,743

6.50%,

10/01/2028

(a)

150,000

130,485

CSC

Holdings

LLC

5.50%,

4/15/2027

(a)

200,000

179,574

5.38%,

2/01/2028

(a)

147,000

126,431

7.50%,

4/01/2028

(a)

235,000

156,995

11.25%,

5/15/2028

(a)

264,000

267,633

11.75%,

1/31/2029

(a)

425,000

432,096

6.50%,

2/01/2029

(a)

392,000

334,178

5.75%,

1/15/2030

(a)

509,000

269,742

4.13%,

12/01/2030

(a)

156,000

113,017

4.63%,

12/01/2030

(a)

527,000

272,108

3.38%,

2/15/2031

(a)

370,000

253,264

4.50%,

11/15/2031

(a)

108,000

77,508

5.00%,

11/15/2031

(a)

110,000

55,554

Cumulus

Media

New

Holdings,

Inc.

,

6.75%

,

7/01/2026

(a)

40,000

25,657

DIRECTV

Financing

LLC

,

8.88%

,

2/01/2030

(a)

193,000

197,012

DIRECTV

Financing

LLC

/

DIRECTV

Financing

Co.-Obligor,

Inc.

,

5.88%

,

8/15/2027

(a)

940,000

893,021

DISH

DBS

Corp.

5.25%,

12/01/2026

(a)

758,000

597,713

5.75%,

12/01/2028

(a)

646,000

435,128

DISH

Network

Corp.

,

11.75%

,

11/15/2027

(a)

775,000

808,647

Embarq

Corp.

,

8.00%

,

6/01/2036

268,000

156,112

Equipmentshare.com,

Inc.

,

9.00%

,

5/15/2028

(a)(b)

306,000

311,738

Frontier

Communications

Holdings

LLC

5.88%,

10/15/2027

(a)

81,000

77,901

5.00%,

5/01/2028

(a)

149,000

137,528

6.75%,

5/01/2029

(a)

245,000

216,855

5.88%,

11/01/2029

229,000

194,368

6.00%,

1/15/2030

(a)

249,000

211,104

8.75%,

5/15/2030

(a)

368,000

376,893

8.63%,

3/15/2031

(a)

230,000

233,380

Frontier

Florida

LLC

,

Series

E

,

6.86%

,

2/01/2028

60,000

57,733

Frontier

North,

Inc.

,

Series

G

,

6.73%

,

2/15/2028

21,000

20,118

Gannett

Holdings

LLC

,

6.00%

,

11/01/2026

(a)

256,000

230,939

GCI

LLC

,

4.75%

,

10/15/2028

(a)

48,000

44,016

Gen

Digital,

Inc.

5.00%,

4/15/2025

(a)

50,000

49,723

6.75%,

9/30/2027

(a)

221,000

224,528

7.13%,

9/30/2030

(a)(b)

167,000

173,147

Getty

Images,

Inc.

,

9.75%

,

3/01/2027

(a)

12,000

12,013

GoDaddy

Operating

Co.

LLC

/

GD

Finance

Co.,

Inc.

5.25%,

12/01/2027

(a)

199,000

195,315

3.50%,

3/01/2029

(a)

178,000

161,066

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Communications

–

14.7%

(continued)

GoTo

Group,

Inc.

,

5.50%

,

9/01/2027

(a)

145,000

59,410

Gray

Television,

Inc.

5.88%,

7/15/2026

(a)

12,000

11,760

7.00%,

5/15/2027

(a)(b)

102,000

99,685

4.75%,

10/15/2030

(a)(b)

24,000

18,785

5.38%,

11/15/2031

(a)(b)

215,000

168,242

GrubHub

Holdings,

Inc.

,

5.50%

,

7/01/2027

(a)

111,000

96,894

Hughes

Satellite

Systems

Corp.

5.25%,

8/01/2026

235,000

198,995

6.63%,

8/01/2026

147,000

100,428

iHeartCommunications,

Inc.

6.38%,

5/01/2026

(b)

235,000

201,992

8.38%,

5/01/2027

212,000

132,296

5.25%,

8/15/2027

(a)(b)

189,000

146,794

4.75%,

1/15/2028

(a)(b)

104,000

78,380

Iliad

Holding

SASU

6.50%,

10/15/2026

(a)

367,000

359,764

7.00%,

10/15/2028

(a)

325,000

321,690

Intelsat

Jackson

Holdings

SA

,

6.50%

,

3/15/2030

(a)

793,000

749,974

ION

Trading

Technologies

Sarl

,

5.75%

,

5/15/2028

(a)

175,000

161,120

Lamar

Media

Corp.

3.75%,

2/15/2028

227,000

212,182

4.88%,

1/15/2029

83,000

80,305

4.00%,

2/15/2030

198,000

181,124

3.63%,

1/15/2031

154,000

135,222

LCPR

Senior

Secured

Financing

DAC

6.75%,

10/15/2027

(a)

306,000

296,501

5.13%,

7/15/2029

(a)

212,000

186,270

Level

3

Financing,

Inc.

3.40%,

3/01/2027

(a)

241,000

207,260

4.63%,

9/15/2027

(a)

210,000

109,200

4.25%,

7/01/2028

(a)

261,000

87,435

3.63%,

1/15/2029

(a)

149,000

43,955

3.75%,

7/15/2029

(a)

90,000

25,650

3.88%,

11/15/2029

(a)

93,000

70,771

10.50%,

5/15/2030

(a)

292,000

291,012

Liberty

Interactive

LLC

8.50%,

7/15/2029

60,000

32,420

8.25%,

2/01/2030

105,000

55,717

Lumen

Technologies,

Inc.

5.13%,

12/15/2026

(a)

15,000

9,563

4.00%,

2/15/2027

(a)

190,000

99,125

4.50%,

1/15/2029

(a)

269,000

66,719

Series

P,

7.60%,

9/15/2039

170,000

45,072

Series

U,

7.65%,

3/15/2042

15,000

4,119

Match

Group

Holdings

II

LLC

5.00%,

12/15/2027

(a)

80,000

77,690

4.63%,

6/01/2028

(a)

160,000

151,060

5.63%,

2/15/2029

(a)(b)

13,000

12,705

4.13%,

8/01/2030

(a)

205,000

183,676

3.63%,

10/01/2031

(a)

69,000

59,056

McGraw-Hill

Education,

Inc.

5.75%,

8/01/2028

(a)

94,000

88,904

8.00%,

8/01/2029

(a)

141,000

130,777

107

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Communications

–

14.7%

(continued)

Midcontinent

Communications

/

Midcontinent

Finance

Corp.

,

5.38%

,

8/15/2027

(a)

13,000

12,598

Millennium

Escrow

Corp.

,

6.63%

,

8/01/2026

(a)

263,000

169,321

Newfold

Digital

Holdings

Group,

Inc.

11.75%,

10/15/2028

(a)

130,000

141,240

6.00%,

2/15/2029

(a)

241,000

182,314

News

Corp.

3.88%,

5/15/2029

(a)

75,000

68,917

5.13%,

2/15/2032

(a)

10,000

9,403

Nexstar

Media,

Inc.

5.63%,

7/15/2027

(a)

381,000

370,580

4.75%,

11/01/2028

(a)

73,000

66,855

Northwest

Fiber

LLC

/

Northwest

Fiber

Finance

Sub,

Inc.

4.75%,

4/30/2027

(a)

115,000

110,779

6.00%,

2/15/2028

(a)

125,000

119,203

10.75%,

6/01/2028

(a)

60,000

61,636

Outfront

Media

Capital

LLC

/

Outfront

Media

Capital

Corp.

5.00%,

8/15/2027

(a)

182,000

175,036

4.25%,

1/15/2029

(a)

70,000

62,258

4.63%,

3/15/2030

(a)(b)

13,000

11,483

7.38%,

2/15/2031

(a)(b)

90,000

94,263

Paramount

Global

6.25%,

2/28/2057

190,000

164,499

6.38%,

3/30/2062

162,000

144,591

Qwest

Corp.

,

7.25%

,

9/15/2025

13,000

12,728

Radiate

Holdco

LLC

/

Radiate

Finance,

Inc.

4.50%,

9/15/2026

(a)

290,000

224,637

6.50%,

9/15/2028

(a)

205,000

88,190

Rakuten

Group,

Inc.

5.13%

(a)(e)

119,000

100,612

6.25%

(a)(b)(e)

164,000

113,336

Rogers

Communications,

Inc.

,

5.25%

,

3/15/2082

(a)

510,000

486,002

Scripps

Escrow

II,

Inc.

3.88%,

1/15/2029

(a)

12,000

10,419

5.38%,

1/15/2031

(a)

10,000

7,676

Scripps

Escrow,

Inc.

,

5.88%

,

7/15/2027

(a)

180,000

162,288

Sinclair

Television

Group,

Inc.

5.13%,

2/15/2027

(a)

5,000

4,730

5.50%,

3/01/2030

(a)(b)

190,000

146,320

4.13%,

12/01/2030

(a)

164,000

126,699

Sirius

XM

Radio,

Inc.

3.13%,

9/01/2026

(a)

233,000

217,763

5.00%,

8/01/2027

(a)

71,000

68,195

4.00%,

7/15/2028

(a)

322,000

292,330

5.50%,

7/01/2029

(a)

208,000

197,712

4.13%,

7/01/2030

(a)

251,000

219,620

3.88%,

9/01/2031

(a)

255,000

212,757

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Communications

–

14.7%

(continued)

Spanish

Broadcasting

System,

Inc.

,

9.75%

,

3/01/2026

(a)

25,000

13,177

Stagwell

Global

LLC

,

5.63%

,

8/15/2029

(a)(b)

38,000

34,851

Summer

BC

Bidco

B

LLC

,

5.50%

,

10/31/2026

(a)

60,000

57,802

Sunrise

Finco

I

BV

,

4.88%

,

7/15/2031

(a)

193,000

169,487

Sunrise

Holdco

IV

BV

,

5.50%

,

1/15/2028

(a)

10,000

9,562

TEGNA,

Inc.

4.75%,

3/15/2026

(a)

70,000

68,522

4.63%,

3/15/2028

290,000

270,840

5.00%,

9/15/2029

366,000

337,996

Telecom

Italia

Capital

SA

6.38%,

11/15/2033

210,000

203,340

6.00%,

9/30/2034

135,000

126,511

7.20%,

7/18/2036

188,000

188,396

7.72%,

6/04/2038

50,000

51,619

Telenet

Finance

Luxembourg

Notes

Sarl

,

5.50%

,

3/01/2028

(a)

200,000

189,683

Telesat

Canada

/

Telesat

LLC

5.63%,

12/06/2026

(a)

66,000

40,267

4.88%,

6/01/2027

(a)

11,000

6,504

6.50%,

10/15/2027

(a)

12,000

5,304

Townsquare

Media,

Inc.

,

6.88%

,

2/01/2026

(a)

94,000

92,034

TripAdvisor,

Inc.

,

7.00%

,

7/15/2025

(a)

65,000

65,129

U.S.

Cellular

Corp.

,

6.70%

,

12/15/2033

10,000

10,302

Uber

Technologies,

Inc.

8.00%,

11/01/2026

(a)

197,000

200,512

7.50%,

9/15/2027

(a)

188,000

192,733

6.25%,

1/15/2028

(a)

211,000

212,125

4.50%,

8/15/2029

(a)

330,000

312,783

Univision

Communications,

Inc.

6.63%,

6/01/2027

(a)

475,000

470,072

8.00%,

8/15/2028

(a)

298,000

303,010

4.50%,

5/01/2029

(a)(b)

186,000

165,509

7.38%,

6/30/2030

(a)(b)

155,000

151,948

Urban

One,

Inc.

,

7.38%

,

2/01/2028

(a)

149,000

132,069

ViaSat,

Inc.

5.63%,

9/15/2025

(a)

100,000

96,994

5.63%,

4/15/2027

(a)(b)

116,000

108,786

6.50%,

7/15/2028

(a)

180,000

138,922

7.50%,

5/30/2031

(a)(b)

200,000

148,348

Viavi

Solutions,

Inc.

,

3.75%

,

10/01/2029

(a)

10,000

8,712

Videotron

Ltd.

5.13%,

4/15/2027

(a)

255,000

251,023

3.63%,

6/15/2029

(a)(b)

235,000

214,351

Virgin

Media

Finance

PLC

,

5.00%

,

7/15/2030

(a)

232,000

206,252

Virgin

Media

Secured

Finance

PLC

5.50%,

5/15/2029

(a)

470,000

452,319

4.50%,

8/15/2030

(a)

307,000

274,198

Virgin

Media

Vendor

Financing

Notes

IV

DAC

,

5.00%

,

7/15/2028

(a)

89,000

83,795

VMED

O2

UK

Financing

I

PLC

4.25%,

1/31/2031

(a)

206,000

179,853

4.75%,

7/15/2031

(a)

326,000

292,080

Vodafone

Group

PLC

7.00%,

4/04/2079

733,000

756,715

4.13%,

6/04/2081

305,000

230,618

5.13%,

6/04/2081

55,000

41,537

108

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Communications

–

14.7%

(continued)

VZ

Secured

Financing

BV

,

5.00%

,

1/15/2032

(a)

434,000

379,026

Warner

Media

LLC

,

7.63%

,

4/15/2031

10,000

10,894

Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp.

,

7.75%

,

8/15/2028

(a)

415,000

363,692

Zayo

Group

Holdings,

Inc.

4.00%,

3/01/2027

(a)(b)

335,000

255,499

6.13%,

3/01/2028

(a)

245,000

162,805

Ziff

Davis,

Inc.

,

4.63%

,

10/15/2030

(a)

97,000

88,735

Ziggo

Bond

Co.

BV

6.00%,

1/15/2027

(a)

140,000

137,354

5.13%,

2/28/2030

(a)(b)

65,000

54,732

Ziggo

BV

,

4.88%

,

1/15/2030

(a)

355,000

317,440

41,618,777

Consumer,

Cyclical

–

21.7%

1011778

BC

ULC

/

New

Red

Finance,

Inc.

5.75%,

4/15/2025

(a)

50,000

49,915

3.88%,

1/15/2028

(a)

467,000

439,922

4.38%,

1/15/2028

(a)

278,000

265,028

3.50%,

2/15/2029

(a)

152,000

139,114

4.00%,

10/15/2030

(a)

709,000

633,448

99

Escrow

Issuer,

Inc.

,

7.50%

,

1/15/2026

(a)

30,000

9,347

Academy

Ltd.

,

6.00%

,

11/15/2027

(a)

34,000

33,663

Acushnet

Co.

,

7.38%

,

10/15/2028

(a)

12,000

12,480

Adams

Homes,

Inc.

7.50%,

2/15/2025

(a)

9,000

8,968

9.25%,

10/15/2028

(a)

270,000

276,409

Adient

Global

Holdings

Ltd.

4.88%,

8/15/2026

(a)

105,000

102,337

7.00%,

4/15/2028

(a)

23,000

23,516

8.25%,

4/15/2031

(a)

115,000

121,476

Advance

Auto

Parts,

Inc.

5.90%,

3/09/2026

10,000

9,979

1.75%,

10/01/2027

55,000

47,486

5.95%,

3/09/2028

75,000

74,734

3.90%,

4/15/2030

20,000

17,864

3.50%,

3/15/2032

(b)

10,000

8,324

Affinity

Interactive

,

6.88%

,

12/15/2027

(a)

134,000

121,154

Air

Canada

,

3.88%

,

8/15/2026

(a)

338,000

321,482

Air

Canada

Pass-Through

Trust

,

Series

2020-1

,

Class

C

,

10.50%

,

7/15/2026

(a)

20,000

21,683

Allegiant

Travel

Co.

,

7.25%

,

8/15/2027

(a)

347,000

339,165

Allen

Media

LLC

/

Allen

Media

Co.-Issuer,

Inc.

,

10.50%

,

2/15/2028

(a)

105,000

53,151

Allison

Transmission,

Inc.

4.75%,

10/01/2027

(a)

10,000

9,622

5.88%,

6/01/2029

(a)(b)

235,000

233,601

3.75%,

1/30/2031

(a)

300,000

262,379

AMC

Entertainment

Holdings,

Inc.

10.00%,

6/15/2026

(a)(c)

140,000

109,272

7.50%,

2/15/2029

(a)

324,000

206,507

American

Airlines

Group,

Inc.

,

3.75%

,

3/01/2025

(a)

13,000

12,703

American

Airlines

Pass-Through

Trust

,

Series

2013-1

,

Class

A

,

4.00%

,

7/15/2025

221,063

212,576

American

Airlines,

Inc.

7.25%,

2/15/2028

(a)(b)

134,000

136,110

8.50%,

5/15/2029

(a)

268,000

283,962

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

American

Airlines,

Inc.

/Aadvantage

Loyalty

IP

Ltd.

5.50%,

4/20/2026

(a)

523,909

518,724

5.75%,

4/20/2029

(a)

611,000

600,324

American

Axle

&

Manufacturing,

Inc.

6.50%,

4/01/2027

(b)

55,000

54,836

6.88%,

7/01/2028

10,000

9,759

5.00%,

10/01/2029

136,000

119,021

American

Builders

&

Contractors

Supply

Co.,

Inc.

4.00%,

1/15/2028

(a)

269,000

252,316

3.88%,

11/15/2029

(a)

242,000

215,626

American

Greetings

Corp.

,

8.75%

,

4/15/2025

(a)

13,000

12,992

Aramark

Services,

Inc.

5.00%,

4/01/2025

(a)

10,000

9,935

5.00%,

2/01/2028

(a)

196,000

189,239

Arko

Corp.

,

5.13%

,

11/15/2029

(a)

50,000

44,058

Asbury

Automotive

Group,

Inc.

4.50%,

3/01/2028

91,000

85,645

4.63%,

11/15/2029

(a)

216,000

199,751

4.75%,

3/01/2030

144,000

133,282

5.00%,

2/15/2032

(a)

265,000

239,372

Ashton

Woods

USA

LLC

/

Ashton

Woods

Finance

Co.

6.63%,

1/15/2028

(a)

110,000

108,918

4.63%,

8/01/2029

(a)

16,000

14,561

4.63%,

4/01/2030

(a)

41,000

37,100

Aston

Martin

Capital

Holdings

Ltd.

,

10.50%

,

11/30/2025

(a)

334,000

337,261

At

Home

Group,

Inc.

7.13%,

5/12/2028

(a)(c)

100,000

44,000

4.88%,

7/15/2028

(a)

42,000

18,237

Banijay

Entertainment

SASU

,

8.13%

,

5/01/2029

(a)

105,000

109,050

Bath

&

Body

Works,

Inc.

9.38%,

7/01/2025

(a)

144,000

151,341

6.69%,

1/15/2027

73,000

74,029

5.25%,

2/01/2028

53,000

51,887

7.50%,

6/15/2029

17,000

17,611

6.63%,

10/01/2030

(a)

231,000

234,100

6.95%,

3/01/2033

91,000

89,540

6.88%,

11/01/2035

203,000

202,987

6.75%,

7/01/2036

10,000

9,862

7.60%,

7/15/2037

40,000

39,534

BCPE

Empire

Holdings,

Inc.

,

7.63%

,

5/01/2027

(a)

121,000

114,329

BCPE

Ulysses

Intermediate,

Inc.

,

7.75%

,

4/01/2027

(a)(c)

85,000

80,928

Beacon

Roofing

Supply,

Inc.

4.50%,

11/15/2026

(a)

13,000

12,579

4.13%,

5/15/2029

(a)

10,000

9,060

6.50%,

8/01/2030

(a)

212,000

215,189

Beazer

Homes

USA,

Inc.

6.75%,

3/15/2025

20,000

19,995

5.88%,

10/15/2027

10,000

9,755

7.25%,

10/15/2029

35,000

35,179

109

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

Bloomin'

Brands,

Inc.

/

OSI

Restaurant

Partners

LLC

,

5.13%

,

4/15/2029

(a)

10,000

9,313

BlueLinx

Holdings,

Inc.

,

6.00%

,

11/15/2029

(a)

40,000

37,802

Boyd

Gaming

Corp.

4.75%,

12/01/2027

147,000

141,934

4.75%,

6/15/2031

(a)(b)

271,000

249,207

Boyne

USA,

Inc.

,

4.75%

,

5/15/2029

(a)

14,000

12,827

Brinker

International,

Inc.

,

8.25%

,

7/15/2030

(a)

95,000

99,401

Brookfield

Residential

Properties,

Inc.

/

Brookfield

Residential

US

LLC

6.25%,

9/15/2027

(a)

228,000

222,212

5.00%,

6/15/2029

(a)

20,000

18,140

4.88%,

2/15/2030

(a)

151,000

134,781

Caesars

Entertainment,

Inc.

6.25%,

7/01/2025

(a)

605,000

607,925

8.13%,

7/01/2027

(a)(b)

365,000

374,575

4.63%,

10/15/2029

(a)(b)

223,000

203,642

7.00%,

2/15/2030

(a)

318,000

327,547

6.50%,

2/15/2032

(a)

39,000

39,563

Caesars

Resort

Collection

LLC

/

CRC

Finco,

Inc.

,

5.75%

,

7/01/2025

(a)

10,000

10,016

Carnival

Corp.

7.63%,

3/01/2026

(a)

185,000

187,804

5.75%,

3/01/2027

(a)

739,000

727,940

9.88%,

8/01/2027

(a)

68,000

71,370

6.65%,

1/15/2028

25,000

24,277

4.00%,

8/01/2028

(a)

319,000

295,386

6.00%,

5/01/2029

(a)(b)

560,000

542,149

7.00%,

8/15/2029

(a)

57,000

59,305

10.50%,

6/01/2030

(a)

276,000

302,355

Carnival

Holdings

Bermuda

Ltd.

,

10.38%

,

5/01/2028

(a)

462,000

505,859

Carnival

PLC

,

7.88%

,

6/01/2027

51,000

53,630

Carrols

Restaurant

Group,

Inc.

,

5.88%

,

7/01/2029

(a)

65,000

66,558

Carvana

Co.

12.00%,

12/01/2028

(a)(c)

170,000

150,461

13.00%,

6/01/2030

(a)(c)

255,000

226,797

14.00%,

6/01/2031

(a)(c)

300,000

267,091

CCM

Merger,

Inc.

,

6.38%

,

5/01/2026

(a)

10,000

9,896

CD&R

Smokey

Buyer,

Inc.

,

6.75%

,

7/15/2025

(a)

226,000

222,462

CEC

Entertainment

LLC

,

6.75%

,

5/01/2026

(a)

10,000

9,938

Cedar

Fair

LP

,

5.25%

,

7/15/2029

50,000

47,793

Cedar

Fair

LP

/

Canada's

Wonderland

Co.

/

Magnum

Management

Corp.

/

Millennium

Operations

LLC

5.50%,

5/01/2025

(a)

153,000

152,719

5.38%,

4/15/2027

10,000

9,904

6.50%,

10/01/2028

36,000

35,819

Century

Communities,

Inc.

6.75%,

6/01/2027

149,000

150,088

3.88%,

8/15/2029

(a)

82,000

73,822

Churchill

Downs,

Inc.

5.50%,

4/01/2027

(a)

206,000

203,579

4.75%,

1/15/2028

(a)

220,000

209,684

5.75%,

4/01/2030

(a)

459,000

444,089

6.75%,

5/01/2031

(a)

112,000

113,529

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

Cinemark

USA,

Inc.

8.75%,

5/01/2025

(a)

7,000

7,049

5.88%,

3/15/2026

(a)(b)

115,000

113,893

5.25%,

7/15/2028

(a)

106,000

97,776

Clarios

Global

LP

,

6.75%

,

5/15/2025

(a)

38,000

38,000

Clarios

Global

LP

/

Clarios

US

Finance

Co.

6.25%,

5/15/2026

(a)

200,000

198,566

8.50%,

5/15/2027

(a)(b)

311,000

310,364

6.75%,

5/15/2028

(a)

63,000

63,793

Crocs,

Inc.

4.25%,

3/15/2029

(a)

10,000

9,044

4.13%,

8/15/2031

(a)

11,000

9,423

Dana

Financing

Luxembourg

Sarl

,

5.75%

,

4/15/2025

(a)

133,000

132,602

Dana,

Inc.

5.38%,

11/15/2027

15,000

14,646

5.63%,

6/15/2028

80,000

78,074

4.25%,

9/01/2030

111,000

96,996

4.50%,

2/15/2032

76,000

65,249

Dave

&

Buster's,

Inc.

,

7.63%

,

11/01/2025

(a)

91,000

92,015

Dealer

Tire

LLC

/

DT

Issuer

LLC

,

8.00%

,

2/01/2028

(a)

70,000

69,334

Delta

Air

Lines,

Inc.

7.38%,

1/15/2026

155,000

160,443

4.38%,

4/19/2028

143,000

138,212

3.75%,

10/28/2029

87,000

79,920

Dornoch

Debt

Merger

Sub,

Inc.

,

6.63%

,

10/15/2029

(a)

129,000

117,089

Dream

Finders

Homes,

Inc.

,

8.25%

,

8/15/2028

(a)

30,000

31,526

eG

Global

Finance

PLC

,

12.00%

,

11/30/2028

(a)

250,000

264,450

Empire

Communities

Corp.

,

7.00%

,

12/15/2025

(a)

85,000

84,127

Empire

Resorts,

Inc.

,

7.75%

,

11/01/2026

(a)

214,000

198,136

Evergreen

Acqco

1

LP

/

TVI,

Inc.

,

9.75%

,

4/26/2028

(a)

78,000

83,742

Everi

Holdings,

Inc.

,

5.00%

,

7/15/2029

(a)

42,000

38,591

Ferrellgas

LP

/

Ferrellgas

Finance

Corp.

5.38%,

4/01/2026

(a)

267,000

263,151

5.88%,

4/01/2029

(a)

200,000

195,982

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co.,

Inc.

4.63%,

1/15/2029

(a)

130,000

119,726

6.75%,

1/15/2030

(a)

351,000

315,527

FirstCash,

Inc.

4.63%,

9/01/2028

(a)

160,000

149,584

5.63%,

1/01/2030

(a)

142,000

135,511

Foot

Locker,

Inc.

,

4.00%

,

10/01/2029

(a)(b)

280,000

236,070

Forestar

Group,

Inc.

3.85%,

5/15/2026

(a)

190,000

180,433

5.00%,

3/01/2028

(a)

12,000

11,407

Foundation

Building

Materials,

Inc.

,

6.00%

,

3/01/2029

(a)

85,000

74,692

Full

House

Resorts,

Inc.

,

8.25%

,

2/15/2028

(a)

(b)

185,000

175,575

Gap,

Inc.

(The)

3.63%,

10/01/2029

(a)

261,000

223,521

3.88%,

10/01/2031

(a)

297,000

245,142

110

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

Genting

New

York

LLC

/

Genny

Capital,

Inc.

,

3.30%

,

2/15/2026

(a)

63,000

58,340

G-III

Apparel

Group

Ltd.

,

7.88%

,

8/15/2025

(a)

(b)

350,000

351,598

Global

Auto

Holdings

Ltd./AAG

FH

UK

Ltd.

,

8.38%

,

1/15/2029

(a)

40,000

37,781

Golden

Entertainment,

Inc.

,

7.63%

,

4/15/2026

(a)

5,000

5,030

Goodyear

Tire

&

Rubber

Co.

(The)

9.50%,

5/31/2025

10,000

10,146

5.00%,

5/31/2026

(b)

10,000

9,805

4.88%,

3/15/2027

90,000

86,744

5.00%,

7/15/2029

(b)

10,000

9,387

5.25%,

4/30/2031

129,000

117,471

5.25%,

7/15/2031

(b)

212,000

192,777

5.63%,

4/30/2033

(b)

182,000

164,726

GPS

Hospitality

Holding

Co.

LLC

/

GPS

Finco,

Inc.

,

7.00%

,

8/15/2028

(a)

189,000

149,081

Group

1

Automotive,

Inc.

,

4.00%

,

8/15/2028

(a)

147,000

135,556

Guitar

Center,

Inc.

,

8.50%

,

1/15/2026

(a)

67,000

59,433

GYP

Holdings

III

Corp.

,

4.63%

,

5/01/2029

(a)

95,000

88,090

H&E

Equipment

Services,

Inc.

,

3.88%

,

12/15/2028

(a)

282,000

256,039

Hanesbrands,

Inc.

4.88%,

5/15/2026

(a)(b)

250,000

240,824

9.00%,

2/15/2031

(a)(b)

422,000

425,420

Hawaiian

Airlines

Pass-Through

Certificates

,

Series

2013-1

,

Class

A

,

3.90%

,

1/15/2026

377,698

351,799

Hawaiian

Brand

Intellectual

Property

Ltd.

/

HawaiianMiles

Loyalty

Ltd.

,

5.75%

,

1/20/2026

(a)

469,200

440,879

Hilton

Domestic

Operating

Co.,

Inc.

5.38%,

5/01/2025

(a)

20,000

19,989

5.75%,

5/01/2028

(a)

59,000

59,063

3.75%,

5/01/2029

(a)

200,000

183,647

4.88%,

1/15/2030

339,000

326,890

4.00%,

5/01/2031

(a)

290,000

260,293

3.63%,

2/15/2032

(a)

393,000

337,328

Hilton

Grand

Vacations

Borrower

Escrow

LLC

/

Hilton

Grand

Vacations

Borrower

Escrow,

Inc.

5.00%,

6/01/2029

(a)

154,000

142,299

4.88%,

7/01/2031

(a)

127,000

112,701

6.63%,

1/15/2032

(a)

245,000

245,922

Hilton

Worldwide

Finance

LLC

/

Hilton

Worldwide

Finance

Corp.

,

4.88%

,

4/01/2027

66,000

64,762

IHO

Verwaltungs

GmbH

4.75%,

9/15/2026

(a)(c)

25,000

24,386

6.00%,

5/15/2027

(a)(c)

160,000

158,387

6.38%,

5/15/2029

(a)(c)

120,000

119,189

Installed

Building

Products,

Inc.

,

5.75%

,

2/01/2028

(a)

80,000

78,428

Interface,

Inc.

,

5.50%

,

12/01/2028

(a)

35,000

32,769

International

Game

Technology

PLC

6.50%,

2/15/2025

(a)

45,000

45,086

4.13%,

4/15/2026

(a)

155,000

150,052

6.25%,

1/15/2027

(a)

304,000

305,608

5.25%,

1/15/2029

(a)

205,000

199,942

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

IRB

Holding

Corp.

,

7.00%

,

6/15/2025

(a)

94,000

93,464

Jacobs

Entertainment,

Inc.

,

6.75%

,

2/15/2029

(a)

118,000

111,954

Jaguar

Land

Rover

Automotive

PLC

7.75%,

10/15/2025

(a)

85,000

85,762

4.50%,

10/01/2027

(a)

20,000

18,909

5.88%,

1/15/2028

(a)(b)

72,740

71,188

5.50%,

7/15/2029

(a)(b)

86,000

82,182

JB

Poindexter

&

Co.,

Inc.

,

8.75%

,

12/15/2031

(a)

47,000

48,110

K

Hovnanian

Enterprises,

Inc.

,

11.75%

,

9/30/2029

(a)

55,000

60,939

KB

Home

6.88%,

6/15/2027

120,000

123,737

4.80%,

11/15/2029

12,000

11,322

7.25%,

7/15/2030

135,000

139,386

4.00%,

6/15/2031

31,000

27,411

Ken

Garff

Automotive

LLC

,

4.88%

,

9/15/2028

(a)

50,000

46,679

KFC

Holding

Co.

/

Pizza

Hut

Holdings

LLC

/

Taco

Bell

of

America

LLC

,

4.75%

,

6/01/2027

(a)

57,000

55,744

Kohl's

Corp.

4.25%,

7/17/2025

(b)

135,000

131,576

4.63%,

5/01/2031

364,000

291,218

5.55%,

7/17/2045

96,000

65,379

Kontoor

Brands,

Inc.

,

4.13%

,

11/15/2029

(a)

14,000

12,710

Las

Vegas

Sands

Corp.

2.90%,

6/25/2025

13,000

12,566

3.50%,

8/18/2026

339,000

323,668

3.90%,

8/08/2029

191,000

176,146

LBM

Acquisition

LLC

,

6.25%

,

1/15/2029

(a)

123,000

111,749

LCM

Investments

Holdings

II

LLC

4.88%,

5/01/2029

(a)

190,000

171,768

8.25%,

8/01/2031

(a)

142,000

145,642

Levi

Strauss

&

Co.

,

3.50%

,

3/01/2031

(a)

90,000

77,976

LGI

Homes,

Inc.

8.75%,

12/15/2028

(a)

167,000

176,337

4.00%,

7/15/2029

(a)

234,000

202,477

Life

Time,

Inc.

5.75%,

1/15/2026

(a)

296,000

293,212

8.00%,

4/15/2026

(a)

105,000

106,132

Light

&

Wonder

International,

Inc.

7.00%,

5/15/2028

(a)

127,000

127,462

7.25%,

11/15/2029

(a)(b)

160,000

164,266

7.50%,

9/01/2031

(a)

255,000

265,569

Lindblad

Expeditions

Holdings,

Inc.

,

9.00%

,

5/15/2028

(a)

10,000

10,382

Lindblad

Expeditions

LLC

,

6.75%

,

2/15/2027

(a)

10,000

9,995

Lions

Gate

Capital

Holdings

LLC

,

5.50%

,

4/15/2029

(a)

280,000

212,879

Lithia

Motors,

Inc.

4.63%,

12/15/2027

(a)

107,000

102,539

3.88%,

6/01/2029

(a)(b)

178,000

159,845

4.38%,

1/15/2031

(a)

217,000

194,404

Live

Nation

Entertainment,

Inc.

5.63%,

3/15/2026

(a)

10,000

9,931

6.50%,

5/15/2027

(a)

392,000

396,276

111

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

Live

Nation

Entertainment,

Inc.

(continued)

4.75%,

10/15/2027

(a)(b)

336,000

321,669

3.75%,

1/15/2028

(a)

85,000

78,510

LSF9

Atlantis

Holdings

LLC

/

Victra

Finance

Corp.

,

7.75%

,

2/15/2026

(a)

336,000

323,929

M/I

Homes,

Inc.

4.95%,

2/01/2028

156,000

149,331

3.95%,

2/15/2030

22,000

19,687

Macy's

Retail

Holdings

LLC

5.88%,

4/01/2029

(a)

11,000

10,662

5.88%,

3/15/2030

(a)(b)

195,000

184,897

6.13%,

3/15/2032

(a)(b)

126,000

119,106

6.70%,

7/15/2034

(a)

115,000

96,721

4.50%,

12/15/2034

20,000

16,852

6.38%,

3/15/2037

110,000

98,125

5.13%,

1/15/2042

55,000

43,714

4.30%,

2/15/2043

51,000

38,560

MajorDrive

Holdings

IV

LLC

,

6.38%

,

6/01/2029

(a)

189,000

160,507

Marks

&

Spencer

PLC

,

7.13%

,

12/01/2037

(a)(b)

10,000

10,164

Marriott

Ownership

Resorts,

Inc.

4.75%,

1/15/2028

(b)

22,000

20,299

4.50%,

6/15/2029

(a)(b)

79,000

70,994

Mattamy

Group

Corp.

5.25%,

12/15/2027

(a)

200,000

193,339

4.63%,

3/01/2030

(a)

263,000

239,555

Melco

Resorts

Finance

Ltd.

4.88%,

6/06/2025

111,000

108,204

5.25%,

4/26/2026

64,000

61,365

5.63%,

7/17/2027

74,000

69,785

5.75%,

7/21/2028

(a)

225,000

210,257

5.38%,

12/04/2029

(a)

308,000

274,855

Merlin

Entertainments

Ltd.

,

5.75%

,

6/15/2026

(a)

64,000

63,547

MGM

China

Holdings

Ltd.

5.25%,

6/18/2025

(a)

224,000

219,100

5.88%,

5/15/2026

(a)

130,000

127,261

4.75%,

2/01/2027

(a)

189,000

177,332

MGM

Resorts

International

5.75%,

6/15/2025

24,000

24,025

4.63%,

9/01/2026

113,000

109,755

5.50%,

4/15/2027

140,000

138,177

4.75%,

10/15/2028

175,000

165,212

Michaels

Cos.,

Inc.

(The)

5.25%,

5/01/2028

(a)

280,000

219,719

7.88%,

5/01/2029

(a)

324,000

206,655

Midwest

Gaming

Borrower

LLC

/

Midwest

Gaming

Finance

Corp.

,

4.88%

,

5/01/2029

(a)

80,000

74,108

Mohegan

Tribal

Gaming

Authority

8.00%,

2/01/2026

(a)

390,000

366,610

13.25%,

12/15/2027

(a)

50,000

53,732

Motion

Bondco

DAC

,

6.63%

,

11/15/2027

(a)

140,000

134,462

Murphy

Oil

USA,

Inc.

5.63%,

5/01/2027

12,000

11,966

4.75%,

9/15/2029

184,000

174,264

3.75%,

2/15/2031

(a)

113,000

98,131

NCL

Corp.

Ltd.

5.88%,

3/15/2026

(a)

386,000

376,669

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

NCL

Corp.

Ltd.

(continued)

5.88%,

2/15/2027

(a)

113,000

111,343

8.38%,

2/01/2028

(a)

65,000

68,209

8.13%,

1/15/2029

(a)

124,000

130,070

7.75%,

2/15/2029

(a)

221,000

223,046

NCL

Finance

Ltd.

,

6.13%

,

3/15/2028

(a)

210,000

200,681

New

Home

Co.,

Inc.

(The)

,

8.25%

,

10/15/2027

(a)

245,000

227,580

Newell

Brands,

Inc.

4.88%,

6/01/2025

99,000

97,111

5.20%,

4/01/2026

495,000

481,273

6.38%,

9/15/2027

(b)

210,000

206,702

6.63%,

9/15/2029

69,000

67,160

6.38%,

4/01/2036

20,000

17,811

6.50%,

4/01/2046

115,000

92,762

NMG

Holding

Co.,

Inc.

/

Neiman

Marcus

Group

LLC

,

7.13%

,

4/01/2026

(a)

306,000

298,650

Nordstrom,

Inc.

4.00%,

3/15/2027

70,000

65,410

6.95%,

3/15/2028

(b)

50,000

50,573

4.38%,

4/01/2030

371,000

324,614

4.25%,

8/01/2031

(b)

57,000

47,547

5.00%,

1/15/2044

35,000

25,268

Odeon

Finco

PLC

,

12.75%

,

11/01/2027

(a)

10,000

10,055

Ontario

Gaming

GTA

LP

,

8.00%

,

8/01/2030

(a)

83,000

86,527

OPENLANE,

Inc.

,

5.13%

,

6/01/2025

(a)

71,000

70,002

Papa

John's

International,

Inc.

,

3.88%

,

9/15/2029

(a)

82,000

72,779

Park

River

Holdings,

Inc.

5.63%,

2/01/2029

(a)

85,000

69,581

6.75%,

8/01/2029

(a)

30,000

25,549

Patrick

Industries,

Inc.

7.50%,

10/15/2027

(a)

10,000

10,076

4.75%,

5/01/2029

(a)

91,000

83,850

Penn

Entertainment,

Inc.

5.63%,

1/15/2027

(a)

130,000

125,604

4.13%,

7/01/2029

(a)(b)

14,000

12,024

Penske

Automotive

Group,

Inc.

3.50%,

9/01/2025

115,000

111,860

3.75%,

6/15/2029

68,000

60,265

PetSmart,

Inc.

/

PetSmart

Finance

Corp.

4.75%,

2/15/2028

(a)

146,000

136,190

7.75%,

2/15/2029

(a)

371,000

360,015

PM

General

Purchaser

LLC

,

9.50%

,

10/01/2028

(a)

79,000

79,807

Premier

Entertainment

Sub

LLC

/

Premier

Entertainment

Finance

Corp.

5.63%,

9/01/2029

(a)

166,000

124,957

5.88%,

9/01/2031

(a)

208,000

150,922

QVC,

Inc.

4.45%,

2/15/2025

50,000

48,432

4.75%,

2/15/2027

309,000

257,773

4.38%,

9/01/2028

120,000

87,635

5.45%,

8/15/2034

10,000

6,630

5.95%,

3/15/2043

66,000

39,267

112

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

Raising

Cane's

Restaurants

LLC

,

9.38%

,

5/01/2029

(a)

111,000

118,943

Raptor

Acquisition

Corp.

/

Raptor

Co.-Issuer

LLC

,

4.88%

,

11/01/2026

(a)

75,000

72,171

Real

Hero

Merger

Sub

2,

Inc.

,

6.25%

,

2/01/2029

(a)

91,000

78,957

Resideo

Funding,

Inc.

,

4.00%

,

9/01/2029

(a)

225,000

195,751

Resorts

World

Las

Vegas

LLC/RWLV

Capital

Inc.

4.63%,

4/16/2029

200,000

177,094

8.45%,

7/27/2030

(a)

100,000

104,515

4.63%,

4/06/2031

(a)

100,000

83,448

Ritchie

Bros

Holdings,

Inc.

6.75%,

3/15/2028

(a)

120,000

123,148

7.75%,

3/15/2031

(a)

315,000

331,676

Royal

Caribbean

Cruises

Ltd.

4.25%,

7/01/2026

(a)

220,000

211,378

5.50%,

8/31/2026

(a)

148,000

146,518

5.38%,

7/15/2027

(a)

318,000

312,755

11.63%,

8/15/2027

(a)

234,000

254,485

7.50%,

10/15/2027

50,000

52,582

3.70%,

3/15/2028

12,000

11,062

5.50%,

4/01/2028

(a)

281,000

276,968

8.25%,

1/15/2029

(a)

230,000

244,012

9.25%,

1/15/2029

(a)

181,000

194,635

7.25%,

1/15/2030

(a)

80,000

83,371

Sally

Holdings

LLC

/

Sally

Capital,

Inc.

,

5.63%

,

12/01/2025

20,000

19,791

Scientific

Games

Holdings

LP/Scientific

Games

US

FinCo,

Inc.

,

6.63%

,

3/01/2030

(a)

94,000

89,074

Scotts

Miracle-GRO

Co.

(The)

5.25%,

12/15/2026

13,000

12,613

4.50%,

10/15/2029

55,000

48,831

4.00%,

4/01/2031

65,000

54,724

4.38%,

2/01/2032

54,000

45,275

SeaWorld

Parks

&

Entertainment,

Inc.

,

5.25%

,

8/15/2029

(a)

266,000

248,644

Shea

Homes

LP

/

Shea

Homes

Funding

Corp.

4.75%,

2/15/2028

141,000

134,632

4.75%,

4/01/2029

13,000

12,231

Six

Flags

Entertainment

Corp.

5.50%,

4/15/2027

(a)(b)

35,000

34,826

7.25%,

5/15/2031

(a)(b)

11,000

11,220

Six

Flags

Theme

Parks,

Inc.

,

7.00%

,

7/01/2025

(a)

77,000

77,378

Sizzling

Platter

LLC

/

Sizzling

Platter

Finance

Corp.

,

8.50%

,

11/28/2025

(a)

65,000

65,072

Sonic

Automotive,

Inc.

4.63%,

11/15/2029

(a)

181,000

163,726

4.88%,

11/15/2031

(a)(b)

106,000

92,759

Specialty

Building

Products

Holdings

LLC

/

SBP

Finance

Corp.

,

6.38%

,

9/30/2026

(a)

93,000

91,245

Speedway

Motorsports

LLC

/

Speedway

Funding

II,

Inc.

,

4.88%

,

11/01/2027

(a)

11,000

10,435

Spirit

Loyalty

Cayman

Ltd.

/

Spirit

IP

Cayman

Ltd.

8.00%,

9/20/2025

(a)

68,000

44,440

8.00%,

9/20/2025

(a)

130,000

85,131

SRS

Distribution,

Inc.

4.63%,

7/01/2028

(a)

156,000

145,450

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

SRS

Distribution,

Inc.

(continued)

6.13%,

7/01/2029

(a)

150,000

141,917

6.00%,

12/01/2029

(a)

269,000

251,784

Staples,

Inc.

7.50%,

4/15/2026

(a)

536,000

503,240

10.75%,

4/15/2027

(a)

294,000

227,688

Station

Casinos

LLC

4.50%,

2/15/2028

(a)

280,000

263,990

4.63%,

12/01/2031

(a)

105,000

94,170

Steelcase,

Inc.

,

5.13%

,

1/18/2029

40,000

38,301

STL

Holding

Co.

LLC

,

7.50%

,

2/15/2026

(a)

240,000

244,220

Studio

City

Co.

Ltd.

,

7.00%

,

2/15/2027

(a)

10,000

9,906

Studio

City

Finance

Ltd.

6.00%,

7/15/2025

(a)

203,000

199,259

6.50%,

1/15/2028

(a)

136,000

126,390

5.00%,

1/15/2029

(a)

432,000

369,287

Suburban

Propane

Partners

LP/Suburban

Energy

Finance

Corp.

,

5.00%

,

6/01/2031

(a)

105,000

94,369

Sugarhouse

HSP

Gaming

Prop

Mezz

LP

/

Sugarhouse

HSP

Gaming

Finance

Corp.

,

5.88%

,

5/15/2025

(a)

15,000

14,828

Superior

Plus

LP

/

Superior

General

Partner,

Inc.

,

4.50%

,

3/15/2029

(a)

130,000

118,048

SWF

Escrow

Issuer

Corp.

,

6.50%

,

10/01/2029

(a)

139,000

95,984

Taylor

Morrison

Communities,

Inc.

5.88%,

6/15/2027

(a)

125,000

125,006

5.75%,

1/15/2028

(a)

115,000

114,405

5.13%,

8/01/2030

(a)

80,000

76,409

Tempur

Sealy

International,

Inc.

4.00%,

4/15/2029

(a)

96,000

86,688

3.88%,

10/15/2031

(a)

296,000

249,745

Tenneco,

Inc.

,

8.00%

,

11/17/2028

(a)

700,000

611,679

Thor

Industries,

Inc.

,

4.00%

,

10/15/2029

(a)

60,000

53,357

Titan

International,

Inc.

,

7.00%

,

4/30/2028

110,000

109,494

TKC

Holdings,

Inc.

6.88%,

5/15/2028

(a)(b)

155,000

141,664

10.50%,

5/15/2029

(a)

140,000

127,086

Travel

+

Leisure

Co.

6.60%,

10/01/2025

119,000

120,341

6.63%,

7/31/2026

(a)

222,000

223,961

6.00%,

4/01/2027

351,000

350,428

4.50%,

12/01/2029

(a)

85,000

77,537

4.63%,

3/01/2030

(a)

50,000

45,006

TRI

Pointe

Group,

Inc.

5.25%,

6/01/2027

126,000

123,833

5.70%,

6/15/2028

131,000

129,190

Under

Armour,

Inc.

,

3.25%

,

6/15/2026

112,000

105,215

United

Airlines

Pass-Through

Trust

,

Series

2016-2

,

Class

A

,

3.10%

,

10/07/2028

137,570

120,464

United

Airlines,

Inc.

4.38%,

4/15/2026

(a)

456,000

440,283

4.63%,

4/15/2029

(a)

451,000

417,752

Vail

Resorts,

Inc.

,

6.25%

,

5/15/2025

(a)

28,000

28,046

Verde

Purchaser

LLC

,

10.50%

,

11/30/2030

(a)

290,000

299,386

Victoria's

Secret

&

Co.

,

4.63%

,

7/15/2029

(a)(b)

158,000

133,604

Viking

Cruises

Ltd.

6.25%,

5/15/2025

(a)

12,000

11,970

113

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

Viking

Cruises

Ltd.

(continued)

5.88%,

9/15/2027

(a)

208,000

200,835

7.00%,

2/15/2029

(a)

11,000

10,976

9.13%,

7/15/2031

(a)

247,000

264,301

Viking

Ocean

Cruises

Ship

VII

Ltd.

,

5.63%

,

2/15/2029

(a)

73,000

71,073

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding,

Inc.

,

9.50%

,

6/01/2028

(a)(b)

150,000

127,078

VistaJet

Malta

Finance

PLC

/

XO

Management

Holding,

Inc.

7.88%,

5/01/2027

(a)(b)

175,000

147,854

6.38%,

2/01/2030

(a)

14,000

10,128

VOC

Escrow

Ltd.

,

5.00%

,

2/15/2028

(a)

10,000

9,570

Wabash

National

Corp.

,

4.50%

,

10/15/2028

(a)

190,000

173,095

Walgreens

Boots

Alliance,

Inc.

3.45%,

6/01/2026

(b)

355,000

339,726

3.20%,

4/15/2030

(b)

75,000

65,987

4.80%,

11/18/2044

(b)

171,000

143,594

4.65%,

6/01/2046

25,000

20,633

4.10%,

4/15/2050

(b)

139,000

101,838

White

Capital

Buyer

LLC

,

6.88%

,

10/15/2028

(a)

145,000

141,856

White

Capital

Parent

LLC

,

8.25%

,

3/15/2026

(a)(c)

10,000

9,992

William

Carter

Co.

(The)

,

5.63%

,

3/15/2027

(a)

57,000

56,163

Windsor

Holdings

III

LLC

,

8.50%

,

6/15/2030

(a)

326,000

335,851

Winnebago

Industries,

Inc.

,

6.25%

,

7/15/2028

(a)

10,000

9,891

WMG

Acquisition

Corp.

3.75%,

12/01/2029

(a)

79,000

71,332

3.88%,

7/15/2030

(a)

221,000

197,011

3.00%,

2/15/2031

(a)

136,000

115,317

Wolverine

World

Wide,

Inc.

,

4.00%

,

8/15/2029

(a)

164,000

132,157

Wyndham

Hotels

&

Resorts,

Inc.

,

4.38%

,

8/15/2028

(a)

115,000

107,381

Wynn

Las

Vegas

LLC

/

Wynn

Las

Vegas

Capital

Corp.

5.50%,

3/01/2025

(a)

100,000

99,873

5.25%,

5/15/2027

(a)

190,000

185,766

Wynn

Macau

Ltd.

5.50%,

1/15/2026

(a)

241,000

233,878

5.50%,

10/01/2027

(a)(b)

120,000

112,891

5.63%,

8/26/2028

(a)(b)

369,000

343,297

5.13%,

12/15/2029

(a)

319,000

283,512

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp.

5.13%,

10/01/2029

(a)

99,000

93,702

7.13%,

2/15/2031

(a)

231,000

238,275

Yum!

Brands,

Inc.

4.75%,

1/15/2030

(a)

358,000

343,888

3.63%,

3/15/2031

(b)

136,000

120,302

4.63%,

1/31/2032

414,000

383,745

5.38%,

4/01/2032

345,000

335,622

6.88%,

11/15/2037

186,000

202,153

5.35%,

11/01/2043

105,000

101,568

ZF

North

America

Capital,

Inc.

4.75%,

4/29/2025

(a)

171,000

168,733

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Cyclical

–

21.7%

(continued)

ZF

North

America

Capital,

Inc.

(continued)

6.88%,

4/14/2028

(a)

119,000

122,577

7.13%,

4/14/2030

(a)

104,000

109,683

61,325,839

Consumer,

Non-cyclical

–

14.8%

180

Medical,

Inc.

,

3.88%

,

10/15/2029

(a)

67,000

60,186

Acadia

Healthcare

Co.,

Inc.

5.50%,

7/01/2028

(a)

10,000

9,812

5.00%,

4/15/2029

(a)

31,000

29,696

ACCO

Brands

Corp.

,

4.25%

,

3/15/2029

(a)

70,000

63,480

AdaptHealth

LLC

6.13%,

8/01/2028

(a)

111,000

97,140

4.63%,

8/01/2029

(a)

74,000

58,519

5.13%,

3/01/2030

(a)(b)

97,000

76,154

ADT

Security

Corp.

(The)

4.13%,

8/01/2029

(a)

290,000

267,571

4.88%,

7/15/2032

(a)

13,000

11,923

Adtalem

Global

Education,

Inc.

,

5.50%

,

3/01/2028

(a)

31,000

29,328

AHP

Health

Partners,

Inc.

,

5.75%

,

7/15/2029

(a)

15,000

13,307

Albertsons

Cos.,

Inc.

/

Safeway,

Inc.

/

New

Albertsons

LP

/

Albertsons

LLC

3.25%,

3/15/2026

(a)

236,000

224,543

7.50%,

3/15/2026

(a)

9,000

9,179

4.63%,

1/15/2027

(a)

340,000

329,909

5.88%,

2/15/2028

(a)

105,000

104,857

6.50%,

2/15/2028

(a)

158,000

159,671

3.50%,

3/15/2029

(a)

452,000

408,781

4.88%,

2/15/2030

(a)

231,000

221,139

Albion

Financing

1

Sarl

/

Aggreko

Holdings,

Inc.

,

6.13%

,

10/15/2026

(a)

170,000

167,584

Albion

Financing

2

Sarl

,

8.75%

,

4/15/2027

(a)

215,000

215,252

Allied

Universal

Holdco

LLC

/

Allied

Universal

Finance

Corp.

6.63%,

7/15/2026

(a)

567,000

559,180

9.75%,

7/15/2027

(a)

250,000

244,388

6.00%,

6/01/2029

(a)

285,000

236,000

Allied

Universal

Holdco

LLC

/

Allied

Universal

Finance

Corp.

/

Atlas

Luxco

4

Sarl

4.63%,

6/01/2028

(a)

240,000

217,266

4.63%,

6/01/2028

(a)

99,000

88,965

Alta

Equipment

Group,

Inc.

,

5.63%

,

4/15/2026

(a)

14,000

13,433

AMN

Healthcare,

Inc.

4.63%,

10/01/2027

(a)

60,000

57,192

4.00%,

4/15/2029

(a)

35,000

31,760

APi

Group

DE,

Inc.

4.13%,

7/15/2029

(a)

11,000

10,034

4.75%,

10/15/2029

(a)

30,000

28,042

Aptim

Corp.

,

7.75%

,

6/15/2025

(a)

117,000

111,761

APX

Group,

Inc.

6.75%,

2/15/2027

(a)

109,000

109,384

5.75%,

7/15/2029

(a)

305,000

289,637

Arrow

Bidco

LLC

,

10.75%

,

6/15/2025

(a)

300,000

309,556

Avantor

Funding,

Inc.

4.63%,

7/15/2028

(a)

348,000

331,502

3.88%,

11/01/2029

(a)(b)

255,000

231,286

114

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Non-cyclical

–

14.8%

(continued)

Avis

Budget

Car

Rental

LLC

/

Avis

Budget

Finance,

Inc.

5.75%,

7/15/2027

(a)

136,000

131,395

5.75%,

7/15/2027

(a)

130,000

124,687

4.75%,

4/01/2028

(a)

14,000

12,908

5.38%,

3/01/2029

(a)(b)

138,000

127,669

8.00%,

2/15/2031

(a)

13,000

12,970

B&G

Foods,

Inc.

5.25%,

4/01/2025

30,000

29,445

5.25%,

9/15/2027

(b)

160,000

144,283

8.00%,

9/15/2028

(a)(b)

82,000

85,434

Bausch

&

Lomb

Escrow

Corp.

,

8.38%

,

10/01/2028

(a)

455,000

473,517

Bausch

Health

Americas,

Inc.

9.25%,

4/01/2026

(a)

111,000

103,465

8.50%,

1/31/2027

(a)

132,000

73,118

Bausch

Health

Cos.,

Inc.

5.50%,

11/01/2025

(a)

295,000

270,948

9.00%,

12/15/2025

(a)

121,000

114,494

6.13%,

2/01/2027

(a)

240,000

151,950

5.75%,

8/15/2027

(a)

95,000

56,995

7.00%,

1/15/2028

(a)

142,000

62,992

5.00%,

1/30/2028

(a)

75,000

32,243

4.88%,

6/01/2028

(a)

340,000

191,851

11.00%,

9/30/2028

(a)

428,000

292,737

5.00%,

2/15/2029

(a)

97,000

41,006

6.25%,

2/15/2029

(a)

217,000

92,717

5.25%,

1/30/2030

(a)

278,000

112,684

14.00%,

10/15/2030

(a)

11,000

6,190

5.25%,

2/15/2031

(a)

270,000

113,901

BellRing

Brands,

Inc.

,

7.00%

,

3/15/2030

(a)

104,000

106,914

Block,

Inc.

2.75%,

6/01/2026

327,000

305,988

3.50%,

6/01/2031

14,000

12,062

Brink's

Co.

(The)

5.50%,

7/15/2025

(a)

27,000

26,894

4.63%,

10/15/2027

(a)

205,000

194,927

C&S

Group

Enterprises

LLC

,

5.00%

,

12/15/2028

(a)

95,000

77,136

Cano

Health

LLC

,

6.25%

,

10/01/2028

(a)

23,000

1,701

Carriage

Services,

Inc.

,

4.25%

,

5/15/2029

(a)

13,000

11,287

Catalent

Pharma

Solutions,

Inc.

5.00%,

7/15/2027

(a)

201,000

193,854

3.13%,

2/15/2029

(a)

10,000

8,791

3.50%,

4/01/2030

(a)

86,000

75,570

Central

Garden

&

Pet

Co.

5.13%,

2/01/2028

115,000

111,382

4.13%,

10/15/2030

173,000

154,847

4.13%,

4/30/2031

(a)

11,000

9,733

Charles

River

Laboratories

International,

Inc.

4.25%,

5/01/2028

(a)

29,000

27,399

3.75%,

3/15/2029

(a)

201,000

183,196

4.00%,

3/15/2031

(a)

204,000

181,292

Cheplapharm

Arzneimittel

GmbH

,

5.50%

,

1/15/2028

(a)

105,000

99,432

Chobani

LLC

/

Chobani

Finance

Corp.,

Inc.

4.63%,

11/15/2028

(a)

155,000

145,152

7.63%,

7/01/2029

(a)

195,000

197,958

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Non-cyclical

–

14.8%

(continued)

CHS/Community

Health

Systems,

Inc.

8.00%,

3/15/2026

(a)

339,000

333,742

5.63%,

3/15/2027

(a)

306,000

283,345

8.00%,

12/15/2027

(a)

270,000

265,464

6.88%,

4/01/2028

(a)

110,000

72,680

6.00%,

1/15/2029

(a)

155,000

140,039

6.88%,

4/15/2029

(a)

275,000

189,103

6.13%,

4/01/2030

(a)

293,000

193,263

5.25%,

5/15/2030

(a)

455,000

377,695

4.75%,

2/15/2031

(a)

269,000

214,540

10.88%,

1/15/2032

(a)

79,000

82,937

Cimpress

PLC

,

7.00%

,

6/15/2026

165,000

162,912

CoreCivic,

Inc.

8.25%,

4/15/2026

130,000

133,210

4.75%,

10/15/2027

475,000

446,642

CoreLogic,

Inc.

,

4.50%

,

5/01/2028

(a)

130,000

115,237

Coty,

Inc.

5.00%,

4/15/2026

(a)

159,000

156,109

6.50%,

4/15/2026

(a)

15,000

15,007

Coty,

Inc.

/

HFC

Prestige

Products,

Inc.

/

HFC

Prestige

International

US

LLC

4.75%,

1/15/2029

(a)

169,000

161,230

6.63%,

7/15/2030

(a)

155,000

158,382

CPI

CG,

Inc.

,

8.63%

,

3/15/2026

(a)

230,000

226,363

Darling

Ingredients,

Inc.

5.25%,

4/15/2027

(a)

58,000

56,992

6.00%,

6/15/2030

(a)(b)

175,000

173,911

DaVita,

Inc.

4.63%,

6/01/2030

(a)

627,000

554,606

3.75%,

2/15/2031

(a)

262,000

215,783

Deluxe

Corp.

,

8.00%

,

6/01/2029

(a)

105,000

94,490

Edgewell

Personal

Care

Co.

5.50%,

6/01/2028

(a)

252,000

246,524

4.13%,

4/01/2029

(a)

115,000

105,186

Elanco

Animal

Health,

Inc.

,

6.65%

,

8/28/2028

125,000

128,121

Embecta

Corp.

5.00%,

2/15/2030

(a)(b)

11,000

9,000

6.75%,

2/15/2030

(a)

197,000

172,996

Emergent

Biosolutions,

Inc.

,

3.88%

,

8/15/2028

(a)

85,000

32,178

Encompass

Health

Corp.

5.75%,

9/15/2025

50,000

49,787

4.50%,

2/01/2028

174,000

166,321

4.75%,

2/01/2030

351,000

329,565

4.63%,

4/01/2031

50,000

45,881

Fortrea

Holdings,

Inc.

,

7.50%

,

7/01/2030

(a)(b)

69,000

70,140

Garda

World

Security

Corp.

4.63%,

2/15/2027

(a)

30,000

28,369

9.50%,

11/01/2027

(a)

193,000

194,173

7.75%,

2/15/2028

(a)

12,000

12,237

6.00%,

6/01/2029

(a)

205,000

180,380

Garden

Spinco

Corp.

,

8.63%

,

7/20/2030

(a)

55,000

58,860

GEO

Group,

Inc.

(The)

10.50%,

6/30/2028

175,000

178,363

9.50%,

12/31/2028

(a)

215,000

209,466

115

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Non-cyclical

–

14.8%

(continued)

Global

Medical

Response,

Inc.

,

6.50%

,

10/01/2025

(a)

84,000

72,028

Graham

Holdings

Co.

,

5.75%

,

6/01/2026

(a)

113,000

111,836

Grand

Canyon

University

4.38%,

10/01/2026

110,000

105,045

5.13%,

10/01/2028

(b)

56,000

50,810

Grifols

SA

,

4.75%

,

10/15/2028

(a)

243,000

208,567

GTCR

W-2

Merger

Sub

LLC

,

7.50%

,

1/15/2031

(a)

620,000

645,982

HealthEquity,

Inc.

,

4.50%

,

10/01/2029

(a)

48,000

44,818

Heartland

Dental

LLC

/

Heartland

Dental

Finance

Corp.

8.50%,

5/01/2026

(a)

12,000

11,914

10.50%,

4/30/2028

(a)

225,000

234,654

Herbalife

Nutrition

Ltd.

/

HLF

Financing,

Inc.

,

7.88%

,

9/01/2025

(a)

418,000

415,005

Herc

Holdings,

Inc.

,

5.50%

,

7/15/2027

(a)

274,000

269,012

Hertz

Corp.

(The)

4.63%,

12/01/2026

(a)

81,000

72,900

5.00%,

12/01/2029

(a)(b)

244,000

193,268

H-Food

Holdings

LLC

/

Hearthside

Finance

Co.,

Inc.

,

8.50%

,

6/01/2026

(a)

31,000

2,096

HLF

Financing

Sarl

LLC

/

Herbalife

International,

Inc.

,

4.88%

,

6/01/2029

(a)(b)

10,000

7,820

Hologic,

Inc.

4.63%,

2/01/2028

(a)

192,000

185,284

3.25%,

2/15/2029

(a)

240,000

215,698

Ingles

Markets,

Inc.

,

4.00%

,

6/15/2031

(a)

115,000

101,621

IQVIA,

Inc.

5.00%,

10/15/2026

(a)

132,000

129,417

5.00%,

5/15/2027

(a)

205,000

200,465

6.50%,

5/15/2030

(a)

215,000

219,233

Jazz

Securities

DAC

,

4.38%

,

1/15/2029

(a)

530,000

489,370

Kedrion

SpA

,

6.50%

,

9/01/2029

(a)

305,000

273,102

KeHE

Distributors

LLC

/

KeHE

Finance

Corp.

,

8.63%

,

10/15/2026

(a)

20,000

20,429

KeHE

Distributors

LLC

/

KeHE

Finance

Corp.

/

NextWave

Distribution,

Inc.

,

9.00%

,

2/15/2029

(a)

242,000

244,716

Korn

Ferry

,

4.63%

,

12/15/2027

(a)

10,000

9,560

Kronos

Acquisition

Holdings,

Inc.

/

KIK

Custom

Products,

Inc.

5.00%,

12/31/2026

(a)

29,000

28,054

7.00%,

12/31/2027

(a)

55,000

53,682

Lamb

Weston

Holdings,

Inc.

4.88%,

5/15/2028

(a)

160,000

155,712

4.13%,

1/31/2030

(a)

309,000

282,036

4.38%,

1/31/2032

(a)

250,000

224,175

Land

O'Lakes

Capital

Trust

I

,

7.45%

,

3/15/2028

(a)

65,000

62,695

Legacy

LifePoint

Health

LLC

,

4.38%

,

2/15/2027

(a)(b)

266,000

249,461

LifePoint

Health,

Inc.

5.38%,

1/15/2029

(a)

106,000

83,793

9.88%,

8/15/2030

(a)

285,000

294,564

11.00%,

10/15/2030

(a)

296,000

314,946

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Non-cyclical

–

14.8%

(continued)

Mallinckrodt

International

Finance

SA

/

Mallinckrodt

CB

LLC

,

14.75%

,

11/14/2028

(a)

170,000

185,099

Matthews

International

Corp.

,

5.25%

,

12/01/2025

(a)

10,000

9,791

Mavis

Tire

Express

Services

Topco

Corp.

,

6.50%

,

5/15/2029

(a)

110,000

101,064

Medline

Borrower

LP

3.88%,

4/01/2029

(a)

1,086,000

983,396

5.25%,

10/01/2029

(a)

460,000

428,947

Mobius

Merger

Sub,

Inc.

,

9.00%

,

6/01/2030

(a)

70,000

69,072

ModivCare

Escrow

Issuer,

Inc.

,

5.00%

,

10/01/2029

(a)(b)

76,000

61,557

ModivCare,

Inc.

,

5.88%

,

11/15/2025

(a)

116,000

115,181

Molina

Healthcare,

Inc.

4.38%,

6/15/2028

(a)

263,000

246,625

3.88%,

11/15/2030

(a)

165,000

144,950

3.88%,

5/15/2032

(a)

215,000

185,311

MPH

Acquisition

Holdings

LLC

5.50%,

9/01/2028

(a)

182,000

161,558

5.75%,

11/01/2028

(a)

300,000

238,554

Neptune

Bidco

US,

Inc.

,

9.29%

,

4/15/2029

(a)

898,000

857,386

NESCO

Holdings

II,

Inc.

,

5.50%

,

4/15/2029

(a)

155,000

145,264

Option

Care

Health,

Inc.

,

4.38%

,

10/31/2029

(a)

13,000

11,873

Organon

&

Co.

/

Organon

Foreign

Debt

Co.-

Issuer

BV

4.13%,

4/30/2028

(a)

576,000

526,258

5.13%,

4/30/2031

(a)(b)

605,000

520,249

Oriflame

Investment

Holding

PLC

,

5.13%

,

5/04/2026

(a)

125,000

34,952

Owens

&

Minor,

Inc.

4.50%,

3/31/2029

(a)

74,000

65,258

6.63%,

4/01/2030

(a)

127,000

121,050

P&L

Development

LLC

/

PLD

Finance

Corp.

,

7.75%

,

11/15/2025

(a)

164,000

133,858

Paysafe

Finance

PLC

/

Paysafe

Holdings

US

Corp.

,

4.00%

,

6/15/2029

(a)(b)

3,000

2,680

PECF

USS

Intermediate

Holding

III

Corp.

,

8.00%

,

11/15/2029

(a)

116,000

55,966

Pediatrix

Medical

Group,

Inc.

,

5.38%

,

2/15/2030

(a)(b)

15,000

13,449

Performance

Food

Group,

Inc.

5.50%,

10/15/2027

(a)

240,000

234,569

4.25%,

8/01/2029

(a)

235,000

215,344

Perrigo

Finance

Unlimited

Co.

4.38%,

3/15/2026

240,000

234,655

4.65%,

6/15/2030

13,000

11,942

4.90%,

12/15/2044

20,000

15,817

Port

of

Newcastle

Investments

Financing

Pty

Ltd.

,

5.90%

,

11/24/2031

(a)(b)

31,000

27,950

Post

Holdings,

Inc.

5.63%,

1/15/2028

(a)(b)

222,000

218,359

5.50%,

12/15/2029

(a)(b)

343,000

331,770

4.63%,

4/15/2030

(a)

247,000

227,183

4.50%,

9/15/2031

(a)

430,000

386,093

Prestige

Brands,

Inc.

5.13%,

1/15/2028

(a)

5,000

4,891

3.75%,

4/01/2031

(a)

80,000

69,660

116

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Non-cyclical

–

14.8%

(continued)

Prime

Healthcare

Services,

Inc.

,

7.25%

,

11/01/2025

(a)

286,000

284,650

Prime

Security

Services

Borrower

LLC

/

Prime

Finance,

Inc.

5.75%,

4/15/2026

(a)

415,000

415,236

3.38%,

8/31/2027

(a)

240,000

221,088

6.25%,

1/15/2028

(a)(b)

161,000

159,632

Primo

Water

Holdings,

Inc.

,

4.38%

,

4/30/2029

(a)

317,000

289,351

PROG

Holdings,

Inc.

,

6.00%

,

11/15/2029

(a)

90,000

82,624

RegionalCare

Hospital

Partners

Holdings,

Inc.

/

LifePoint

Health,

Inc.

,

9.75%

,

12/01/2026

(a)

274,000

273,881

Sabre

GLBL,

Inc.

8.63%,

6/01/2027

(a)

174,000

162,703

11.25%,

12/15/2027

(a)

298,000

298,196

Safeway,

Inc.

,

7.25%

,

2/01/2031

10,000

10,498

SEG

Holding

LLC

/

SEG

Finance

Corp.

,

5.63%

,

10/15/2028

(a)

41,000

41,510

Select

Medical

Corp.

,

6.25%

,

8/15/2026

(a)

196,000

196,028

Service

Corp.

International

4.63%,

12/15/2027

91,000

88,238

5.13%,

6/01/2029

(b)

92,000

89,981

3.38%,

8/15/2030

165,000

143,815

4.00%,

5/15/2031

240,000

213,456

Shift4

Payments

LLC

/

Shift4

Payments

Finance

Sub,

Inc.

,

4.63%

,

11/01/2026

(a)

92,000

89,727

Sigma

Holdco

BV

,

7.88%

,

5/15/2026

(a)

219,000

205,667

Signal

Parent,

Inc.

,

6.13%

,

4/01/2029

(a)

65,000

46,026

Simmons

Foods,

Inc./Simmons

Prepared

Foods,

Inc./Simmons

Pet

Food,

Inc./

Simmons

Feed

Ingredients,

Inc.

,

4.63%

,

3/01/2029

(a)

120,000

103,346

Sotheby's

,

7.38%

,

10/15/2027

(a)

302,000

291,178

Sotheby's

/

Bidfair

Holdings,

Inc.

,

5.88%

,

6/01/2029

(a)

11,000

9,587

Spectrum

Brands,

Inc.

5.00%,

10/01/2029

(a)

12,000

11,649

3.88%,

3/15/2031

(a)(b)

145,000

134,286

Star

Parent,

Inc.

,

9.00%

,

10/01/2030

(a)

327,000

343,718

StoneMor,

Inc.

,

8.50%

,

5/15/2029

(a)

55,000

42,239

Surgery

Center

Holdings,

Inc.

6.75%,

7/01/2025

(a)

135,000

135,172

10.00%,

4/15/2027

(a)

17,000

17,234

Team

Health

Holdings,

Inc.

,

6.38%

,

2/01/2025

(a)

21,000

17,701

Teleflex,

Inc.

4.63%,

11/15/2027

10,000

9,700

4.25%,

6/01/2028

(a)

210,000

199,068

Tenet

Healthcare

Corp.

4.88%,

1/01/2026

278,000

275,502

6.25%,

2/01/2027

204,000

203,404

5.13%,

11/01/2027

311,000

302,326

4.63%,

6/15/2028

75,000

71,127

6.13%,

10/01/2028

(b)

306,000

304,220

4.25%,

6/01/2029

216,000

200,231

4.38%,

1/15/2030

350,000

323,557

6.13%,

6/15/2030

425,000

425,056

6.75%,

5/15/2031

(a)

305,000

312,144

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Consumer,

Non-cyclical

–

14.8%

(continued)

Toledo

Hospital

(The)

Series

B,

5.33%,

11/15/2028

85,000

79,548

4.98%,

11/15/2045

40,000

27,654

Tower

Health

,

Series

2020

,

4.45%

,

2/01/2050

10,000

4,590

TreeHouse

Foods,

Inc.

,

4.00%

,

9/01/2028

65,000

57,982

TriNet

Group,

Inc.

3.50%,

3/01/2029

(a)

285,000

252,452

7.13%,

8/15/2031

(a)

109,000

111,418

Triton

Water

Holdings,

Inc.

,

6.25%

,

4/01/2029

(a)

125,000

108,278

Turning

Point

Brands,

Inc.

,

5.63%

,

2/15/2026

(a)

215,000

209,206

United

Natural

Foods,

Inc.

,

6.75%

,

10/15/2028

(a)

108,000

90,765

United

Rentals

North

America,

Inc.

5.50%,

5/15/2027

88,000

87,790

3.88%,

11/15/2027

197,000

187,549

4.88%,

1/15/2028

164,000

160,044

5.25%,

1/15/2030

143,000

140,490

4.00%,

7/15/2030

233,000

213,130

3.88%,

2/15/2031

(b)

304,000

274,230

3.75%,

1/15/2032

158,000

139,050

Upbound

Group,

Inc.

,

6.38%

,

2/15/2029

(a)

13,000

12,383

US

Acute

Care

Solutions

LLC

,

6.38%

,

3/01/2026

(a)

123,000

107,471

US

Foods,

Inc.

6.88%,

9/15/2028

(a)

72,000

73,892

4.75%,

2/15/2029

(a)

190,000

180,239

4.63%,

6/01/2030

(a)

95,000

88,525

7.25%,

1/15/2032

(a)

65,000

68,084

Varex

Imaging

Corp.

,

7.88%

,

10/15/2027

(a)

10,000

10,159

Vector

Group

Ltd.

10.50%,

11/01/2026

(a)

40,000

40,176

5.75%,

2/01/2029

(a)

211,000

194,661

Verscend

Escrow

Corp.

,

9.75%

,

8/15/2026

(a)

47,000

47,172

VT

Topco,

Inc.

,

8.50%

,

8/15/2030

(a)

50,000

52,243

Wand

NewCo

3,

Inc.

,

7.63%

,

1/30/2032

(a)

15,000

15,508

WASH

Multifamily

Acquisition,

Inc.

,

5.75%

,

4/15/2026

(a)

148,000

142,593

Williams

Scotsman,

Inc.

6.13%,

6/15/2025

(a)

13,000

12,975

4.63%,

8/15/2028

(a)

80,000

75,443

7.38%,

10/01/2031

(a)

126,000

132,020

WW

International,

Inc.

,

4.50%

,

4/15/2029

(a)(b)

79,000

38,231

ZipRecruiter,

Inc.

,

5.00%

,

1/15/2030

(a)(b)

310,000

276,282

41,892,094

Diversified

–

0.2%

Benteler

International

AG

,

10.50%

,

5/15/2028

(a)(b)

114,000

122,061

Stena

International

SA

6.13%,

2/01/2025

(a)

33,000

33,000

7.25%,

1/15/2031

(a)

435,000

435,900

590,961

117

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Energy

–

12.2%

Aethon

United

BR

LP

/

Aethon

United

Finance

Corp.

,

8.25%

,

2/15/2026

(a)

315,000

313,983

Alliance

Resource

Operating

Partners

LP

/

Alliance

Resource

Finance

Corp.

,

7.50%

,

5/01/2025

(a)

21,000

20,952

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp.

7.88%,

5/15/2026

(a)

60,000

61,420

5.75%,

3/01/2027

(a)

120,000

119,088

5.75%,

1/15/2028

(a)

213,000

209,138

5.38%,

6/15/2029

(a)

169,000

162,491

6.63%,

2/01/2032

(a)

102,000

101,749

Antero

Resources

Corp.

7.63%,

2/01/2029

(a)

211,000

217,260

5.38%,

3/01/2030

(a)

167,000

159,328

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp.

6.88%,

4/01/2027

(a)

131,000

131,483

6.25%,

4/01/2028

(a)

169,000

167,081

Ascent

Resources

Utica

Holdings

LLC

/

ARU

Finance

Corp.

7.00%,

11/01/2026

(a)

29,000

29,017

9.00%,

11/01/2027

(a)

25,000

31,742

8.25%,

12/31/2028

(a)

108,000

110,370

5.88%,

6/30/2029

(a)

223,000

210,097

Athabasca

Oil

Corp.

,

9.75%

,

11/01/2026

(a)

71,000

75,544

Baytex

Energy

Corp.

8.75%,

4/01/2027

(a)

355,000

369,550

8.50%,

4/30/2030

(a)

363,000

376,660

Berry

Petroleum

Co.

LLC

,

7.00%

,

2/15/2026

(a)

220,000

215,050

Blue

Racer

Midstream

LLC

/

Blue

Racer

Finance

Corp.

7.63%,

12/15/2025

(a)

106,000

107,124

6.63%,

7/15/2026

(a)

20,000

19,924

Bristow

Group,

Inc.

,

6.88%

,

3/01/2028

(a)

86,000

84,185

Buckeye

Partners

LP

4.13%,

3/01/2025

(a)

144,000

140,834

3.95%,

12/01/2026

127,000

120,736

4.13%,

12/01/2027

178,000

168,739

4.50%,

3/01/2028

(a)

20,000

18,779

5.85%,

11/15/2043

10,000

8,240

5.60%,

10/15/2044

125,000

96,329

California

Resources

Corp.

,

7.13%

,

2/01/2026

(a)

117,000

118,558

Callon

Petroleum

Co.

6.38%,

7/01/2026

(b)

11,000

11,003

8.00%,

8/01/2028

(a)

149,000

154,540

7.50%,

6/15/2030

(a)

90,000

94,809

Calumet

Specialty

Products

Partners

LP

/

Calumet

Finance

Corp.

11.00%,

4/15/2025

(a)

11,000

11,181

8.13%,

1/15/2027

(a)

140,400

138,264

9.75%,

7/15/2028

(a)

138,000

138,376

CGG

SA

,

8.75%

,

4/01/2027

(a)

107,000

94,330

Chesapeake

Energy

Corp.

5.50%,

2/01/2026

(a)

168,000

167,177

5.88%,

2/01/2029

(a)

234,000

232,385

6.75%,

4/15/2029

(a)

285,000

288,232

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Energy

–

12.2%

(continued)

Chord

Energy

Corp.

,

6.38%

,

6/01/2026

(a)

95,000

95,325

Civitas

Resources,

Inc.

5.00%,

10/15/2026

(a)

10,000

9,760

8.38%,

7/01/2028

(a)

512,000

538,395

8.63%,

11/01/2030

(a)

344,000

367,634

8.75%,

7/01/2031

(a)

368,000

392,336

CNX

Resources

Corp.

7.25%,

3/14/2027

(a)

10,000

10,041

6.00%,

1/15/2029

(a)

79,000

76,334

7.38%,

1/15/2031

(a)(b)

172,000

174,593

Comstock

Resources,

Inc.

6.75%,

3/01/2029

(a)

289,000

265,837

5.88%,

1/15/2030

(a)(b)

61,000

52,858

Conuma

Resources

Ltd.

,

13.13%

,

5/01/2028

(a)

55,000

53,203

Coronado

Finance

Pty

Ltd.

,

10.75%

,

5/15/2026

(a)

40,000

42,013

CQP

Holdco

LP

/

BIP-V

Chinook

Holdco

LLC

,

5.50%

,

6/15/2031

(a)

193,000

180,107

Crescent

Energy

Finance

LLC

7.25%,

5/01/2026

(a)

285,000

284,656

9.25%,

2/15/2028

(a)

141,000

147,117

CrownRock

LP

/

CrownRock

Finance,

Inc.

5.63%,

10/15/2025

(a)

15,000

14,950

5.00%,

5/01/2029

(a)

10,000

9,858

CSI

Compressco

LP

/

CSI

Compressco

Finance,

Inc.

,

7.50%

,

4/01/2025

(a)

70,000

70,063

CVR

Energy,

Inc.

5.25%,

2/15/2025

(a)

40,000

39,933

5.75%,

2/15/2028

(a)

209,000

193,441

8.50%,

1/15/2029

(a)

184,000

184,178

Delek

Logistics

Partners

LP

/

Delek

Logistics

Finance

Corp.

6.75%,

5/15/2025

58,000

57,658

7.13%,

6/01/2028

(a)

103,000

99,052

Diamond

Foreign

Asset

Co.

/

Diamond

Finance

LLC

,

8.50%

,

10/01/2030

(a)

80,000

82,241

DT

Midstream,

Inc.

4.13%,

6/15/2029

(a)

105,000

96,472

4.38%,

6/15/2031

(a)

319,000

285,300

Encino

Acquisition

Partners

Holdings

LLC

,

8.50%

,

5/01/2028

(a)

263,000

261,005

Endeavor

Energy

Resources

LP

/

EER

Finance,

Inc.

,

5.75%

,

1/30/2028

(a)

10,000

9,951

Enerflex

Ltd.

,

9.00%

,

10/15/2027

(a)

225,000

226,083

EnLink

Midstream

LLC

5.63%,

1/15/2028

(a)

215,000

212,909

5.38%,

6/01/2029

234,000

228,051

6.50%,

9/01/2030

(a)

229,000

234,523

EnLink

Midstream

Partners

LP

4.15%,

6/01/2025

13,000

12,724

4.85%,

7/15/2026

125,000

122,663

5.60%,

4/01/2044

91,000

80,630

5.05%,

4/01/2045

55,000

45,308

5.45%,

6/01/2047

10,000

8,765

EnQuest

PLC

,

11.63%

,

11/01/2027

(a)(b)

65,000

61,792

Enviva

Partners

LP

/

Enviva

Partners

Finance

Corp.

,

6.50%

,

1/15/2026

(a)(d)

104,000

37,858

EQM

Midstream

Partners

LP

6.00%,

7/01/2025

(a)

59,000

59,000

118

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Energy

–

12.2%

(continued)

EQM

Midstream

Partners

LP

(continued)

4.13%,

12/01/2026

202,000

194,641

7.50%,

6/01/2027

(a)

200,000

205,663

6.50%,

7/01/2027

(a)

153,000

154,942

5.50%,

7/15/2028

152,000

150,768

4.50%,

1/15/2029

(a)

31,000

29,255

7.50%,

6/01/2030

(a)

101,000

108,327

4.75%,

1/15/2031

(a)

246,000

229,544

6.50%,

7/15/2048

100,000

103,245

FORESEA

Holding

SA

,

7.50%

,

6/15/2030

(a)

55,000

50,953

FTAI

Infra

Escrow

Holdings

LLC

,

10.50%

,

6/01/2027

(a)

79,000

82,694

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp.

6.25%,

5/15/2026

111,000

110,482

8.00%,

1/15/2027

61,000

61,590

7.75%,

2/01/2028

220,000

220,542

8.88%,

4/15/2030

102,000

106,686

Global

Marine,

Inc.

,

7.00%

,

6/01/2028

25,000

22,127

Global

Partners

LP

/

GLP

Finance

Corp.

7.00%,

8/01/2027

68,000

68,408

6.88%,

1/15/2029

55,000

54,530

8.25%,

1/15/2032

(a)

213,000

218,704

Greenfire

Resources

Ltd.

,

12.00%

,

10/01/2028

(a)

225,000

231,531

Gulfport

Energy

Corp.

,

8.00%

,

5/17/2026

25,000

25,210

Harbour

Energy

PLC

,

5.50%

,

10/15/2026

(a)

250,000

245,075

Harvest

Midstream

I

LP

,

7.50%

,

9/01/2028

(a)

164,000

165,496

Helix

Energy

Solutions

Group,

Inc.

,

9.75%

,

3/01/2029

(a)

360,000

378,511

Hess

Midstream

Operations

LP

5.63%,

2/15/2026

(a)

162,000

160,936

5.13%,

6/15/2028

(a)

211,000

205,478

4.25%,

2/15/2030

(a)

169,000

155,862

5.50%,

10/15/2030

(a)

27,000

26,364

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co.

6.25%,

11/01/2028

(a)

22,000

21,919

5.75%,

2/01/2029

(a)

45,000

43,695

6.00%,

4/15/2030

(a)

200,000

194,159

6.00%,

2/01/2031

(a)

286,000

275,220

6.25%,

4/15/2032

(a)

42,000

40,560

8.38%,

11/01/2033

(a)

30,000

32,229

Howard

Midstream

Energy

Partners

LLC

6.75%,

1/15/2027

(a)

212,000

212,511

8.88%,

7/15/2028

(a)

55,000

57,985

Ithaca

Energy

North

Sea

PLC

,

9.00%

,

7/15/2026

(a)

140,000

140,031

ITT

Holdings

LLC

,

6.50%

,

8/01/2029

(a)

299,000

261,557

KCA

Deutag

UK

Finance

PLC

,

9.88%

,

12/01/2025

(a)

201,000

203,146

Kinetik

Holdings

LP

6.63%,

12/15/2028

(a)

75,000

76,092

5.88%,

6/15/2030

(a)

256,000

251,524

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Energy

–

12.2%

(continued)

KLX

Energy

Services

Holdings,

Inc.

,

11.50%

,

11/01/2025

(a)

15,000

14,837

Magnolia

Oil

&

Gas

Operating

LLC

/

Magnolia

Oil

&

Gas

Finance

Corp.

,

6.00%

,

8/01/2026

(a)

12,000

11,861

Martin

Midstream

Partners

LP

/

Martin

Midstream

Finance

Corp.

,

11.50%

,

2/15/2028

(a)(b)

85,000

87,975

Matador

Resources

Co.

5.88%,

9/15/2026

161,000

159,616

6.88%,

4/15/2028

(a)

15,000

15,360

MEG

Energy

Corp.

,

5.88%

,

2/01/2029

(a)

257,000

250,840

Moss

Creek

Resources

Holdings,

Inc.

7.50%,

1/15/2026

(a)

328,000

326,473

10.50%,

5/15/2027

(a)

250,000

257,176

Murphy

Oil

Corp.

5.88%,

12/01/2027

106,000

105,053

6.38%,

7/15/2028

105,000

105,134

5.88%,

12/01/2042

5,000

4,431

Nabors

Industries

Ltd.

7.25%,

1/15/2026

(a)

199,000

195,241

7.50%,

1/15/2028

(a)

23,000

21,047

Nabors

Industries,

Inc.

7.38%,

5/15/2027

(a)

99,000

97,866

9.13%,

1/31/2030

(a)(b)

12,000

12,232

Neptune

Energy

Bondco

PLC

,

6.63%

,

5/15/2025

(a)

62,000

61,552

New

Fortress

Energy,

Inc.

6.75%,

9/15/2025

(a)

573,000

565,975

6.50%,

9/30/2026

(a)

765,000

740,878

NGL

Energy

Operating

LLC

/

NGL

Energy

Finance

Corp.

7.50%,

2/01/2026

(a)

292,000

297,186

8.38%,

2/15/2032

(a)

216,000

217,932

NGL

Energy

Partners

LP

/

NGL

Energy

Finance

Corp.

6.13%,

3/01/2025

100,000

99,979

7.50%,

4/15/2026

10,000

10,015

Nine

Energy

Service,

Inc.

,

13.00%

,

2/01/2028

105,000

89,080

Noble

Finance

II

LLC

,

8.00%

,

4/15/2030

(a)

105,000

109,066

Northern

Oil

&

Gas,

Inc.

8.13%,

3/01/2028

(a)

264,000

269,153

8.75%,

6/15/2031

(a)

188,000

197,074

Northriver

Midstream

Finance

LP

,

5.63%

,

2/15/2026

(a)

135,000

132,406

NuStar

Logistics

LP

5.75%,

10/01/2025

125,000

124,862

6.00%,

6/01/2026

235,000

234,441

5.63%,

4/28/2027

140,000

138,935

6.38%,

10/01/2030

10,000

10,052

Oceaneering

International,

Inc.

6.00%,

2/01/2028

54,000

52,894

6.00%,

2/01/2028

42,000

40,900

Parkland

Corp.

5.88%,

7/15/2027

(a)

151,000

149,779

4.50%,

10/01/2029

(a)

107,000

98,910

4.63%,

5/01/2030

(a)

214,000

196,923

PBF

Holding

Co.

LLC

/

PBF

Finance

Corp.

6.00%,

2/15/2028

277,000

271,938

119

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Energy

–

12.2%

(continued)

PBF

Holding

Co.

LLC

/

PBF

Finance

Corp.

(continued)

7.88%,

9/15/2030

(a)

113,000

117,058

Permian

Resources

Operating

LLC

5.38%,

1/15/2026

(a)

115,000

113,298

7.75%,

2/15/2026

(a)

22,000

22,301

6.88%,

4/01/2027

(a)

30,000

29,883

8.00%,

4/15/2027

(a)

89,000

92,166

5.88%,

7/01/2029

(a)

115,000

112,805

9.88%,

7/15/2031

(a)

220,000

244,276

7.00%,

1/15/2032

(a)

111,000

114,598

Petrofac

Ltd.

,

9.75%

,

11/15/2026

(a)

107,000

55,775

Precision

Drilling

Corp.

7.13%,

1/15/2026

(a)

10,000

9,993

6.88%,

1/15/2029

(a)

38,000

37,659

Range

Resources

Corp.

4.88%,

5/15/2025

25,000

24,680

8.25%,

1/15/2029

146,000

151,702

4.75%,

2/15/2030

(a)

12,000

11,169

Rockcliff

Energy

II

LLC

,

5.50%

,

10/15/2029

(a)

303,000

282,102

Rockies

Express

Pipeline

LLC

3.60%,

5/15/2025

(a)

227,000

220,278

4.95%,

7/15/2029

(a)

160,000

153,726

4.80%,

5/15/2030

(a)

86,000

80,658

7.50%,

7/15/2038

(a)

105,000

106,250

6.88%,

4/15/2040

(a)

5,000

4,957

Seadrill

Finance

Ltd.

,

8.38%

,

8/01/2030

(a)

70,000

72,578

Sitio

Royalties

Operating

Partnership

LP

/

Sitio

Finance

Corp.

,

7.88%

,

11/01/2028

(a)

75,000

76,925

SM

Energy

Co.

5.63%,

6/01/2025

30,000

29,822

6.75%,

9/15/2026

229,000

228,872

6.63%,

1/15/2027

90,000

89,807

6.50%,

7/15/2028

10,000

9,994

Southwestern

Energy

Co.

5.38%,

2/01/2029

10,000

9,783

5.38%,

3/15/2030

168,000

162,627

4.75%,

2/01/2032

270,000

250,083

Strathcona

Resources

Ltd.

,

6.88%

,

8/01/2026

(a)

105,000

104,118

Summit

Midstream

Holdings

LLC

/

Summit

Midstream

Finance

Corp.

,

9.00%

,

10/15/2026

(a)(f)

343,000

343,047

SunCoke

Energy,

Inc.

,

4.88%

,

6/30/2029

(a)

85,000

76,816

Sunnova

Energy

Corp.

5.88%,

9/01/2026

(a)

130,000

107,852

11.75%,

10/01/2028

(a)(b)

85,000

73,872

Sunoco

LP

/

Sunoco

Finance

Corp.

6.00%,

4/15/2027

141,000

140,969

5.88%,

3/15/2028

150,000

149,045

7.00%,

9/15/2028

(a)

50,000

51,185

4.50%,

5/15/2029

168,000

156,677

4.50%,

4/30/2030

318,000

294,335

Tallgrass

Energy

Partners

LP

/

Tallgrass

Energy

Finance

Corp.

6.00%,

3/01/2027

(a)

45,000

44,258

5.50%,

1/15/2028

(a)

190,000

181,654

7.38%,

2/15/2029

(a)

60,000

59,935

6.00%,

12/31/2030

(a)

188,000

175,150

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Energy

–

12.2%

(continued)

Tallgrass

Energy

Partners

LP

/

Tallgrass

Energy

Finance

Corp.

(continued)

6.00%,

9/01/2031

(a)

223,000

206,221

Talos

Energy

Ventures

Gom

LLC

/

Talos

Finance

Corp.

,

11.75%

,

4/15/2026

(a)

46,000

47,811

Talos

Production,

Inc.

12.00%,

1/15/2026

65,000

67,002

9.00%,

2/01/2029

(a)

170,000

172,804

9.38%,

2/01/2031

(a)

170,000

174,008

TechnipFMC

PLC

,

6.50%

,

2/01/2026

(a)

100,000

99,942

TerraForm

Power

Operating

LLC

5.00%,

1/31/2028

(a)

279,000

268,879

4.75%,

1/15/2030

(a)

283,000

261,645

Topaz

Solar

Farms

LLC

4.88%,

9/30/2039

(a)

13,965

12,926

5.75%,

9/30/2039

(a)

59,618

59,613

TransMontaigne

Partners

LP

/

TLP

Finance

Corp.

,

6.13%

,

2/15/2026

11,000

10,196

Transocean

Aquila

Ltd.

,

8.00%

,

9/30/2028

(a)

168,000

171,677

Transocean

Poseidon

Ltd.

,

6.88%

,

2/01/2027

(a)

15,525

15,524

Transocean

Titan

Financing

Ltd.

,

8.38%

,

2/01/2028

(a)

60,000

62,034

Transocean,

Inc.

7.25%,

11/01/2025

(a)

151,000

149,790

7.50%,

1/15/2026

(a)

134,000

132,888

11.50%,

1/30/2027

(a)

264,000

275,853

8.00%,

2/01/2027

(a)

208,000

206,446

8.75%,

2/15/2030

(a)

31,588

33,024

7.50%,

4/15/2031

10,000

8,852

6.80%,

3/15/2038

140,000

113,395

9.35%,

12/15/2041

10,000

9,019

USA

Compression

Partners

LP

/

USA

Compression

Finance

Corp.

6.88%,

4/01/2026

43,000

42,787

6.88%,

9/01/2027

284,000

283,597

Valaris

Ltd.

,

8.38%

,

4/30/2030

(a)

330,000

337,904

Venture

Global

Calcasieu

Pass

LLC

3.88%,

8/15/2029

(a)

320,000

285,863

6.25%,

1/15/2030

(a)

85,000

85,172

4.13%,

8/15/2031

(a)

364,000

322,229

3.88%,

11/01/2033

(a)

70,000

59,400

Venture

Global

LNG,

Inc.

8.13%,

6/01/2028

(a)

498,000

503,832

9.50%,

2/01/2029

(a)

685,000

727,690

8.38%,

6/01/2031

(a)

477,000

483,003

9.88%,

2/01/2032

(a)

425,000

446,766

Vermilion

Energy,

Inc.

5.63%,

3/15/2025

(a)

40,000

39,817

6.88%,

5/01/2030

(a)

85,000

82,228

Viper

Energy,

Inc.

5.38%,

11/01/2027

(a)

10,000

9,840

7.38%,

11/01/2031

(a)

80,000

82,971

Vital

Energy,

Inc.

10.13%,

1/15/2028

(b)

237,000

248,232

7.75%,

7/31/2029

(a)

12,000

11,831

9.75%,

10/15/2030

14,000

14,872

120

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Energy

–

12.2%

(continued)

W&T

Offshore,

Inc.

,

11.75%

,

2/01/2026

(a)

310,000

321,841

Warrior

Met

Coal,

Inc.

,

7.88%

,

12/01/2028

(a)

66,000

66,666

Weatherford

International

Ltd.

6.50%,

9/15/2028

(a)

10,000

10,257

8.63%,

4/30/2030

(a)

351,000

359,092

Welltec

International

ApS

,

8.25%

,

10/15/2026

(a)

40,000

40,647

34,374,453

Financial

–

11.6%

Acrisure

LLC

/

Acrisure

Finance,

Inc.

10.13%,

8/01/2026

(a)

156,000

162,649

8.25%,

2/01/2029

(a)

207,000

207,865

4.25%,

2/15/2029

(a)

305,000

273,849

6.00%,

8/01/2029

(a)

108,000

99,010

AG

Issuer

LLC

,

6.25%

,

3/01/2028

(a)

237,000

233,865

AG

TTMT

Escrow

Issuer

LLC

,

8.63%

,

9/30/2027

(a)

223,000

231,176

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co.-Issuer

4.25%,

10/15/2027

(a)

126,000

118,052

6.75%,

10/15/2027

(a)

231,000

226,075

6.75%,

4/15/2028

(a)

391,000

394,557

5.88%,

11/01/2029

(a)

176,000

166,589

Ally

Financial,

Inc.

5.75%,

11/20/2025

(b)

212,000

212,289

6.70%,

2/14/2033

(b)

96,000

96,390

AmWINS

Group,

Inc.

,

4.88%

,

6/30/2029

(a)

118,000

110,184

Anywhere

Real

Estate

Group

LLC

/

Anywhere

Co.-Issuer

Corp.

,

7.00%

,

4/15/2030

(a)

265,000

239,501

Apollo

Commercial

Real

Estate

Finance,

Inc.

,

4.63%

,

6/15/2029

(a)

64,000

53,605

Aretec

Group,

Inc.

7.50%,

4/01/2029

(a)

75,000

69,623

10.00%,

8/15/2030

(a)

85,000

92,278

Armor

Holdco,

Inc.

,

8.50%

,

11/15/2029

(a)

140,000

131,268

ASG

Finance

Designated

Activity

Co.

,

7.88%

,

12/03/2024

(a)

51,000

50,059

Assurant,

Inc.

,

7.00%

,

3/27/2048

135,000

137,397

AssuredPartners,

Inc.

7.00%,

8/15/2025

(a)

4,000

4,001

5.63%,

1/15/2029

(a)

113,000

106,779

Avation

Capital

SA

,

8.25%

,

10/31/2026

(a)(c)

16,074

13,856

Banc

of

California

,

3.25%

,

5/01/2031

35,000

31,313

Blackstone

Mortgage

Trust,

Inc.

,

3.75%

,

1/15/2027

(a)

136,000

120,045

Brandywine

Operating

Partnership

LP

3.95%,

11/15/2027

(b)

165,000

149,685

7.80%,

3/15/2028

48,000

48,953

4.55%,

10/01/2029

85,000

74,071

Bread

Financial

Holdings,

Inc.

,

9.75%

,

3/15/2029

(a)

299,000

299,249

Brightsphere

Investment

Group,

Inc.

,

4.80%

,

7/27/2026

19,000

18,086

Broadstreet

Partners,

Inc.

,

5.88%

,

4/15/2029

(a)

96,000

91,070

Brookfield

Property

REIT,

Inc.

/

BPR

Cumulus

LLC

/

BPR

Nimbus

LLC

/

GGSI

Sellco

LLC

5.75%,

5/15/2026

(a)

200,000

193,233

4.50%,

4/01/2027

(a)

161,000

142,581

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Financial

–

11.6%

(continued)

Burford

Capital

Global

Finance

LLC

6.25%,

4/15/2028

(a)

135,000

130,493

6.88%,

4/15/2030

(a)

20,000

19,472

9.25%,

7/01/2031

(a)

340,000

354,480

Castlelake

Aviation

Finance

DAC

,

5.00%

,

4/15/2027

(a)

37,000

35,121

Cobra

Acquisitionco

LLC

,

6.38%

,

11/01/2029

(a)

185,000

150,192

Coinbase

Global,

Inc.

3.38%,

10/01/2028

(a)

220,000

180,224

3.63%,

10/01/2031

(a)

130,000

97,541

Compass

Group

Diversified

Holdings

LLC

5.25%,

4/15/2029

(a)

171,000

162,902

5.00%,

1/15/2032

(a)

11,000

9,904

Constellation

Insurance,

Inc.

6.80%,

1/24/2030

(a)

31,000

30,732

6.63%,

5/01/2031

(a)

20,000

19,459

Credit

Acceptance

Corp.

6.63%,

3/15/2026

(b)

163,000

163,031

9.25%,

12/15/2028

(a)

56,000

58,960

CTR

Partnership

LP

/

CareTrust

Capital

Corp.

,

3.88%

,

6/30/2028

(a)

140,000

127,591

Curo

Group

Holdings

Corp.

7.50%,

8/01/2028

(a)

35,000

8,610

7.50%,

8/01/2028

(a)

7,000

2,760

Cushman

&

Wakefield

US

Borrower

LLC

6.75%,

5/15/2028

(a)

175,000

172,582

8.88%,

9/01/2031

(a)

208,000

218,146

Diversified

Healthcare

Trust

9.75%,

6/15/2025

196,000

195,216

4.75%,

2/15/2028

157,000

123,195

4.38%,

3/01/2031

45,000

33,968

Dresdner

Funding

Trust

I

,

8.15%

,

6/30/2031

(a)

110,000

122,458

Enova

International,

Inc.

8.50%,

9/15/2025

(a)

53,000

52,521

11.25%,

12/15/2028

(a)

169,000

176,618

Finance

of

America

Funding

LLC

,

7.88%

,

11/15/2025

(a)

140,000

110,968

Freedom

Mortgage

Corp.

7.63%,

5/01/2026

(a)

105,000

104,564

6.63%,

1/15/2027

(a)

205,000

196,845

12.00%,

10/01/2028

(a)

289,000

317,064

12.25%,

10/01/2030

(a)

65,000

72,437

Genworth

Holdings,

Inc.

,

6.50%

,

6/15/2034

115,000

105,350

GGAM

Finance

Ltd.

7.75%,

5/15/2026

(a)

40,000

40,807

8.00%,

2/15/2027

(a)

40,000

41,209

8.00%,

6/15/2028

(a)

125,000

130,283

Global

Atlantic

Finance

Co.

,

4.70%

,

10/15/2051

(a)

214,000

188,590

Global

NET

Lease,

Inc.

/

Global

NET

Lease

Operating

Partnership

LP

,

3.75%

,

12/15/2027

(a)

109,000

93,017

goeasy

Ltd.

4.38%,

5/01/2026

(a)

35,000

33,394

9.25%,

12/01/2028

(a)

103,000

109,684

121

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Financial

–

11.6%

(continued)

Greystar

Real

Estate

Partners

LLC

,

7.75%

,

9/01/2030

(a)

40,000

42,595

GTCR

AP

Finance,

Inc.

,

8.00%

,

5/15/2027

(a)

147,000

147,099

Hat

Holdings

I

LLC

/

Hat

Holdings

II

LLC

,

8.00%

,

6/15/2027

(a)

88,000

91,180

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

6.00%,

4/15/2025

(a)

163,000

161,868

3.38%,

6/15/2026

(a)(b)

69,000

64,152

3.75%,

9/15/2030

(a)(b)

229,000

189,162

Hightower

Holding

LLC

,

6.75%

,

4/15/2029

(a)

11,000

10,024

Howard

Hughes

Corp.

(The)

5.38%,

8/01/2028

(a)

242,000

231,971

4.13%,

2/01/2029

(a)

160,000

144,424

4.38%,

2/01/2031

(a)

129,000

112,677

HUB

International

Ltd.

5.63%,

12/01/2029

(a)

59,000

55,647

7.25%,

6/15/2030

(a)

440,000

452,260

7.38%,

1/31/2032

(a)

425,000

435,265

Hudson

Pacific

Properties

LP

3.95%,

11/01/2027

165,000

149,145

5.95%,

2/15/2028

145,000

136,592

4.65%,

4/01/2029

210,000

185,264

3.25%,

1/15/2030

165,000

131,599

Hunt

Cos.,

Inc.

,

5.25%

,

4/15/2029

(a)

75,000

69,690

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp.

6.38%,

12/15/2025

289,000

284,345

6.25%,

5/15/2026

400,000

383,417

5.25%,

5/15/2027

260,000

233,723

9.75%,

1/15/2029

(a)

258,000

264,824

4.38%,

2/01/2029

(b)

190,000

158,787

Intesa

Sanpaolo

SpA

5.71%,

1/15/2026

(a)

241,000

240,275

4.20%,

6/01/2032

(a)

153,000

126,592

4.95%,

6/01/2042

(a)

134,000

97,102

Iron

Mountain

Information

Management

Services,

Inc.

,

5.00%

,

7/15/2032

(a)

135,000

121,714

Iron

Mountain,

Inc.

4.88%,

9/15/2027

(a)

316,000

305,709

5.25%,

3/15/2028

(a)

200,000

193,913

5.00%,

7/15/2028

(a)

92,000

87,891

7.00%,

2/15/2029

(a)

111,000

113,498

4.88%,

9/15/2029

(a)

326,000

304,763

5.25%,

7/15/2030

(a)

205,000

193,348

4.50%,

2/15/2031

(a)

234,000

210,105

5.63%,

7/15/2032

(a)

293,000

275,359

Jane

Street

Group

/

JSG

Finance,

Inc.

,

4.50%

,

11/15/2029

(a)(b)

115,000

105,622

Jefferies

Finance

LLC

/

JFIN

Co.-Issuer

Corp.

,

5.00%

,

8/15/2028

(a)

369,000

332,763

Jefferson

Capital

Holdings

LLC

,

6.00%

,

8/15/2026

(a)

118,000

113,188

Jones

Deslauriers

Insurance

Management,

Inc.

8.50%,

3/15/2030

(a)

235,000

243,844

10.50%,

12/15/2030

(a)

65,000

68,496

Kennedy-Wilson,

Inc.

4.75%,

3/01/2029

175,000

146,493

4.75%,

2/01/2030

46,000

37,302

5.00%,

3/01/2031

216,000

172,175

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Financial

–

11.6%

(continued)

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp.

5.25%,

10/01/2025

(a)

210,000

206,462

4.25%,

2/01/2027

(a)

274,000

253,813

4.75%,

6/15/2029

(a)

135,000

120,825

LD

Holdings

Group

LLC

6.50%,

11/01/2025

(a)

85,000

79,977

6.13%,

4/01/2028

(a)

133,000

108,359

LFS

Topco

LLC

,

5.88%

,

10/15/2026

(a)

205,000

188,918

Liberty

Mutual

Group,

Inc.

7.80%,

3/15/2037

(a)

75,000

76,373

4.13%,

12/15/2051

(a)

114,000

99,733

4.30%,

2/01/2061

(a)

291,000

188,763

Macquarie

Airfinance

Holdings

Ltd.

8.38%,

5/01/2028

(a)

45,000

47,265

8.13%,

3/30/2029

(a)

25,000

25,942

Midcap

Financial

Issuer

Trust

6.50%,

5/01/2028

(a)

371,000

338,151

5.63%,

1/15/2030

(a)

251,000

215,529

MPT

Operating

Partnership

LP

/

MPT

Finance

Corp.

5.00%,

10/15/2027

(b)

301,000

228,314

4.63%,

8/01/2029

(b)

170,000

115,003

3.50%,

3/15/2031

301,000

185,130

Nationstar

Mortgage

Holdings,

Inc.

5.00%,

2/01/2026

(a)

95,000

92,559

6.00%,

1/15/2027

(a)

98,000

96,511

5.50%,

8/15/2028

(a)

185,000

176,114

5.13%,

12/15/2030

(a)

85,000

76,535

5.75%,

11/15/2031

(a)

253,000

233,442

7.13%,

2/01/2032

(a)

102,000

101,317

Navient

Corp.

6.75%,

6/25/2025

93,000

93,632

6.75%,

6/15/2026

204,000

205,192

5.00%,

3/15/2027

(b)

184,000

175,431

4.88%,

3/15/2028

(b)

18,000

16,364

5.50%,

3/15/2029

150,000

135,556

9.38%,

7/25/2030

204,000

212,738

11.50%,

3/15/2031

169,000

184,467

5.63%,

8/01/2033

94,000

74,718

Necessity

Retail

REIT,

Inc.

(The)

/

American

Finance

Operating

Partner

LP

,

4.50%

,

9/30/2028

(a)

105,000

89,250

NFP

Corp.

4.88%,

8/15/2028

(a)

203,000

201,302

6.88%,

8/15/2028

(a)

430,000

432,606

7.50%,

10/01/2030

(a)

106,000

111,810

8.50%,

10/01/2031

(a)

10,000

11,004

NMI

Holdings,

Inc.

,

7.38%

,

6/01/2025

(a)

40,000

40,436

Office

Properties

Income

Trust

4.50%,

2/01/2025

115,000

99,781

2.65%,

6/15/2026

65,000

40,950

2.40%,

2/01/2027

70,000

38,872

3.45%,

10/15/2031

69,000

34,115

OneMain

Finance

Corp.

6.88%,

3/15/2025

410,000

412,176

7.13%,

3/15/2026

126,000

127,685

3.50%,

1/15/2027

192,000

176,282

6.63%,

1/15/2028

114,000

113,637

122

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Financial

–

11.6%

(continued)

OneMain

Finance

Corp.

(continued)

3.88%,

9/15/2028

150,000

131,547

9.00%,

1/15/2029

306,000

322,243

5.38%,

11/15/2029

119,000

110,109

7.88%,

3/15/2030

276,000

280,396

4.00%,

9/15/2030

130,000

109,897

Osaic

Holdings,

Inc.

,

10.75%

,

8/01/2027

(a)

80,000

82,181

Oxford

Finance

LLC

/

Oxford

Finance

Co.-

Issuer

II,

Inc.

,

6.38%

,

2/01/2027

(a)

85,000

80,505

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co.-Issuer

7.50%,

6/01/2025

(a)

37,000

37,205

5.88%,

10/01/2028

(a)

169,000

165,330

4.88%,

5/15/2029

(a)

299,000

275,791

PennyMac

Financial

Services,

Inc.

5.38%,

10/15/2025

(a)

161,000

158,735

4.25%,

2/15/2029

(a)

124,000

112,465

5.75%,

9/15/2031

(a)

202,000

187,345

PHH

Mortgage

Corp.

,

7.88%

,

3/15/2026

(a)

70,000

64,581

PRA

Group,

Inc.

7.38%,

9/01/2025

(a)

195,000

195,643

8.38%,

2/01/2028

(a)

191,000

182,908

5.00%,

10/01/2029

(a)(b)

45,000

36,376

Provident

Financing

Trust

I

,

7.41%

,

3/15/2038

35,000

38,441

Provident

Funding

Associates

LP

/

PFG

Finance

Corp.

,

6.38%

,

6/15/2025

(a)

183,000

171,077

Realogy

Group

LLC

/

Realogy

Co.-Issuer

Corp.

5.75%,

1/15/2029

(a)

130,000

96,501

5.25%,

4/15/2030

(a)

32,000

22,587

RHP

Hotel

Properties

LP

/

RHP

Finance

Corp.

4.75%,

10/15/2027

45,000

43,370

7.25%,

7/15/2028

(a)

200,000

207,210

4.50%,

2/15/2029

(a)

145,000

134,721

Rithm

Capital

Corp.

,

6.25%

,

10/15/2025

(a)

110,000

108,733

RLJ

Lodging

Trust

LP

3.75%,

7/01/2026

(a)

95,000

90,086

4.00%,

9/15/2029

(a)

65,000

57,713

Rocket

Mortgage

LLC

/

Rocket

Mortgage

Co.-

Issuer,

Inc.

2.88%,

10/15/2026

(a)

253,000

234,566

3.63%,

3/01/2029

(a)(b)

212,000

188,945

3.88%,

3/01/2031

(a)

308,000

270,352

4.00%,

10/15/2033

(a)

157,000

133,218

Ryan

Specialty

LLC

,

4.38%

,

2/01/2030

(a)

55,000

51,273

Sagicor

Financial

Co.

Ltd.

,

5.30%

,

5/13/2028

(a)

86,000

81,919

SBA

Communications

Corp.

3.88%,

2/15/2027

358,000

341,291

3.13%,

2/01/2029

310,000

276,274

Service

Properties

Trust

4.50%,

3/15/2025

126,000

122,987

7.50%,

9/15/2025

220,000

223,195

5.25%,

2/15/2026

125,000

120,997

4.75%,

10/01/2026

73,000

67,620

4.95%,

2/15/2027

22,000

20,134

5.50%,

12/15/2027

187,000

175,447

3.95%,

1/15/2028

10,000

8,428

4.95%,

10/01/2029

85,000

70,651

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Financial

–

11.6%

(continued)

Service

Properties

Trust

(continued)

4.38%,

2/15/2030

145,000

112,454

8.63%,

11/15/2031

(a)

70,000

74,219

SLM

Corp.

4.20%,

10/29/2025

153,000

149,739

3.13%,

11/02/2026

168,000

157,195

Starwood

Property

Trust,

Inc.

4.75%,

3/15/2025

14,000

13,788

3.63%,

7/15/2026

(a)

136,000

126,732

4.38%,

1/15/2027

(a)(b)

242,000

223,979

StoneX

Group,

Inc.

,

8.63%

,

6/15/2025

(a)

145,000

146,523

Synchrony

Financial

,

7.25%

,

2/02/2033

237,000

236,198

Texas

Capital

Bancshares,

Inc.

,

4.00%

,

5/06/2031

130,000

115,088

UniCredit

SpA

5.86%,

6/19/2032

(a)

222,000

216,946

7.30%,

4/02/2034

(a)

279,000

288,147

5.46%,

6/30/2035

(a)

350,000

328,039

United

Wholesale

Mortgage

LLC

5.50%,

11/15/2025

(a)

298,000

294,113

5.75%,

6/15/2027

(a)

87,000

85,388

5.50%,

4/15/2029

(a)

156,000

147,433

Uniti

Group

LP

/

Uniti

Fiber

Holdings,

Inc.

/

CSL

Capital

LLC

,

6.00%

,

1/15/2030

(a)

242,000

160,199

Uniti

Group

LP

/

Uniti

Group

Finance,

Inc.

/

CSL

Capital

LLC

10.50%,

2/15/2028

(a)(b)

300,000

305,082

4.75%,

4/15/2028

(a)

89,000

75,855

6.50%,

2/15/2029

(a)

262,000

184,699

USI,

Inc.

,

7.50%

,

1/15/2032

(a)

140,000

142,384

Valley

National

Bancorp

3.00%,

6/15/2031

13,000

11,117

6.25%,

9/30/2032

5,000

4,132

Vornado

Realty

LP

2.15%,

6/01/2026

95,000

85,974

3.40%,

6/01/2031

80,000

63,028

Western

Alliance

Bancorp

,

3.00%

,

6/15/2031

14,000

12,523

Western

Alliance

Bank

,

5.25%

,

6/01/2030

10,000

9,440

Wilton

RE

Ltd.

,

6.00%

(a)(e)

85,000

75,827

World

Acceptance

Corp.

,

7.00%

,

11/01/2026

(a)

11,000

10,208

XHR

LP

6.38%,

8/15/2025

(a)

94,000

94,084

4.88%,

6/01/2029

(a)

170,000

156,738

32,696,756

Industrial

–

10.6%

Acproducts

Holdings,

Inc.

,

6.38%

,

5/15/2029

(a)

122,000

90,877

Advanced

Drainage

Systems,

Inc.

5.00%,

9/30/2027

(a)

73,000

70,628

6.38%,

6/15/2030

(a)

74,000

74,555

AECOM

,

5.13%

,

3/15/2027

75,000

73,814

AerCap

Global

Aviation

Trust

,

6.50%

,

6/15/2045

(a)

9,000

8,992

Ameritex

Holdco

Intermediate

LLC

,

10.25%

,

10/15/2028

(a)(b)

270,000

277,265

Amsted

Industries,

Inc.

5.63%,

7/01/2027

(a)

14,000

13,805

123

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Industrial

–

10.6%

(continued)

Amsted

Industries,

Inc.

(continued)

4.63%,

5/15/2030

(a)

25,000

22,646

Arcosa,

Inc.

,

4.38%

,

4/15/2029

(a)

90,000

84,339

ARD

Finance

SA

,

6.50%

,

6/30/2027

(a)(c)

210,000

101,311

Ardagh

Metal

Packaging

Finance

USA

LLC

/

Ardagh

Metal

Packaging

Finance

PLC

6.00%,

6/15/2027

(a)(b)

19,000

18,788

3.25%,

9/01/2028

(a)

210,000

183,809

4.00%,

9/01/2029

(a)(b)

400,000

325,270

Ardagh

Packaging

Finance

PLC

/

Ardagh

Holdings

USA,

Inc.

5.25%,

4/30/2025

(a)

292,000

285,515

4.13%,

8/15/2026

(a)(b)

284,000

255,371

5.25%,

8/15/2027

(a)

196,000

147,038

5.25%,

8/15/2027

(a)

244,000

182,508

Artera

Services

LLC

,

9.03%

,

12/04/2025

(a)

135,000

138,022

Atkore,

Inc.

,

4.25%

,

6/01/2031

(a)

240,000

211,394

ATS

Corp.

,

4.13%

,

12/15/2028

(a)

85,000

77,533

Ball

Corp.

5.25%,

7/01/2025

120,000

119,693

4.88%,

3/15/2026

68,000

67,240

6.88%,

3/15/2028

160,000

165,147

6.00%,

6/15/2029

207,000

208,889

2.88%,

8/15/2030

259,000

221,425

3.13%,

9/15/2031

85,000

71,912

Berry

Global,

Inc.

4.50%,

2/15/2026

(a)

80,000

77,868

5.63%,

7/15/2027

(a)

22,000

21,781

Boise

Cascade

Co.

,

4.88%

,

7/01/2030

(a)

10,000

9,293

Bombardier,

Inc.

7.13%,

6/15/2026

(a)

143,000

144,127

7.88%,

4/15/2027

(a)(b)

239,000

239,062

6.00%,

2/15/2028

(a)

14,000

13,639

7.50%,

2/01/2029

(a)

228,000

232,481

8.75%,

11/15/2030

(a)(b)

29,000

30,489

7.45%,

5/01/2034

(a)

125,000

140,119

Brand

Industrial

Services,

Inc.

,

10.38%

,

8/01/2030

(a)

423,000

446,927

Brundage-Bone

Concrete

Pumping

Holdings,

Inc.

,

6.00%

,

2/01/2026

(a)

54,000

53,307

Builders

FirstSource,

Inc.

5.00%,

3/01/2030

(a)

55,000

52,691

4.25%,

2/01/2032

(a)

295,000

264,154

6.38%,

6/15/2032

(a)(b)

174,000

177,553

BWX

Technologies,

Inc.

4.13%,

6/30/2028

(a)

32,000

30,022

4.13%,

4/15/2029

(a)

86,000

79,639

Calderys

Financing

LLC

,

11.25%

,

6/01/2028

(a)

100,000

106,281

Camelot

Return

Merger

Sub,

Inc.

,

8.75%

,

8/01/2028

(a)

250,000

256,744

Cargo

Aircraft

Management,

Inc.

,

4.75%

,

2/01/2028

(a)

92,000

83,927

Carriage

Purchaser,

Inc.

,

7.88%

,

10/15/2029

(a)

15,000

12,577

Cascades,

Inc.

/

Cascades

USA,

Inc.

5.13%,

1/15/2026

(a)

16,000

15,741

5.38%,

1/15/2028

(a)

15,000

14,702

Cellnex

Finance

Co.

SA

,

3.88%

,

7/07/2041

(a)

25,000

19,553

Chart

Industries,

Inc.

7.50%,

1/01/2030

(a)

319,000

328,276

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Industrial

–

10.6%

(continued)

Chart

Industries,

Inc.

(continued)

9.50%,

1/01/2031

(a)

73,000

77,973

Clean

Harbors,

Inc.

4.88%,

7/15/2027

(a)

92,000

89,201

5.13%,

7/15/2029

(a)

15,000

14,336

6.38%,

2/01/2031

(a)

105,000

106,355

Clearwater

Paper

Corp.

,

4.75%

,

8/15/2028

(a)

115,000

107,865

Clydesdale

Acquisition

Holdings,

Inc.

6.63%,

4/15/2029

(a)

122,000

121,426

8.75%,

4/15/2030

(a)

233,000

221,402

Coherent

Corp.

,

5.00%

,

12/15/2029

(a)

152,000

142,286

Cornerstone

Building

Brands,

Inc.

,

6.13%

,

1/15/2029

(a)

18,000

16,003

Covanta

Holding

Corp.

4.88%,

12/01/2029

(a)

210,000

181,470

5.00%,

9/01/2030

10,000

8,516

CP

Atlas

Buyer,

Inc.

,

7.00%

,

12/01/2028

(a)

163,000

145,253

Crown

Americas

LLC

,

5.25%

,

4/01/2030

148,000

143,321

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp.

V

,

4.25%

,

9/30/2026

95,000

91,742

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp.

VI

,

4.75%

,

2/01/2026

179,000

175,571

Crown

Cork

&

Seal

Co.,

Inc.

,

7.38%

,

12/15/2026

75,000

78,717

Danaos

Corp.

,

8.50%

,

3/01/2028

(a)

60,000

61,265

Dycom

Industries,

Inc.

,

4.50%

,

4/15/2029

(a)

65,000

60,607

Eco

Material

Technologies,

Inc.

,

7.88%

,

1/31/2027

(a)

257,000

257,121

Emerald

Debt

Merger

Sub

LLC

,

6.63%

,

12/15/2030

(a)

511,000

516,066

Energizer

Holdings,

Inc.

6.50%,

12/31/2027

(a)

10,000

9,961

4.75%,

6/15/2028

(a)

158,000

147,024

4.38%,

3/31/2029

(a)

159,000

143,670

EnerSys

4.38%,

12/15/2027

(a)

13,000

12,296

6.63%,

1/15/2032

(a)

91,000

92,421

Enpro,

Inc.

,

5.75%

,

10/15/2026

18,000

17,844

Enviri

Corp.

,

5.75%

,

7/31/2027

(a)

10,000

9,419

F-Brasile

SpA

/

F-Brasile

US

LLC

,

Series

XR

,

7.38%

,

8/15/2026

(a)

60,000

59,394

First

Student

Bidco,

Inc.

/

First

Transit

Parent,

Inc.

,

4.00%

,

7/31/2029

(a)

84,000

73,965

Fluor

Corp.

,

4.25%

,

9/15/2028

10,000

9,628

Fortress

Transportation

and

Infrastructure

Investors

LLC

6.50%,

10/01/2025

(a)

93,000

92,891

9.75%,

8/01/2027

(a)

159,000

165,293

5.50%,

5/01/2028

(a)

94,000

91,098

7.88%,

12/01/2030

(a)

10,000

10,560

FXI

Holdings,

Inc.

12.25%,

11/15/2026

(a)

192,000

188,603

12.25%,

11/15/2026

(a)

80,000

78,262

Gates

Global

LLC

/

Gates

Corp.

,

6.25%

,

1/15/2026

(a)

59,000

58,986

GFL

Environmental,

Inc.

4.25%,

6/01/2025

(a)

143,000

140,468

3.75%,

8/01/2025

(a)

138,000

134,298

5.13%,

12/15/2026

(a)

129,000

125,950

124

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Industrial

–

10.6%

(continued)

GFL

Environmental,

Inc.

(continued)

4.00%,

8/01/2028

(a)

160,000

146,608

3.50%,

9/01/2028

(a)

112,000

101,411

4.75%,

6/15/2029

(a)

168,000

157,699

4.38%,

8/15/2029

(a)

138,000

126,488

6.75%,

1/15/2031

(a)

25,000

25,608

Global

Infrastructure

Solutions,

Inc.

5.63%,

6/01/2029

(a)

105,000

95,841

7.50%,

4/15/2032

(a)

50,000

46,587

GN

Bondco

LLC

,

9.50%

,

10/15/2031

(a)

445,000

438,920

GrafTech

Finance,

Inc.

,

4.63%

,

12/15/2028

(a)

90,000

59,392

GrafTech

Global

Enterprises,

Inc.

,

9.88%

,

12/15/2028

(a)(b)

185,000

138,324

Graham

Packaging

Co.,

Inc.

,

7.13%

,

8/15/2028

(a)

200,000

179,042

Graphic

Packaging

International

LLC

4.75%,

7/15/2027

(a)

115,000

111,813

3.50%,

3/15/2028

(a)

26,000

24,165

3.50%,

3/01/2029

(a)

18,000

16,258

3.75%,

2/01/2030

(a)

10,000

8,964

Great

Lakes

Dredge

&

Dock

Corp.

,

5.25%

,

6/01/2029

(a)(b)

10,000

8,658

Griffon

Corp.

,

5.75%

,

3/01/2028

154,000

150,962

Hillenbrand,

Inc.

5.75%,

6/15/2025

47,000

46,846

5.00%,

9/15/2026

66,000

64,795

3.75%,

3/01/2031

6,000

5,228

Husky

III

Holding

Ltd.

,

13.00%

,

2/15/2025

(a)(c)

140,000

140,316

Imola

Merger

Corp.

,

4.75%

,

5/15/2029

(a)

608,000

566,141

Innovate

Corp.

,

8.50%

,

2/01/2026

(a)

15,000

11,317

Intelligent

Packaging

Ltd.

Finco,

Inc.

/

Intelligent

Packaging

Ltd.

Co.-Issuer

LLC

,

6.00%

,

9/15/2028

(a)

11,000

10,376

James

Hardie

International

Finance

DAC

,

5.00%

,

1/15/2028

(a)

55,000

53,225

JELD-WEN,

Inc.

4.63%,

12/15/2025

(a)

6,000

5,858

4.88%,

12/15/2027

(a)

16,000

15,256

Knife

River

Corp.

,

7.75%

,

5/01/2031

(a)

87,000

91,440

LABL,

Inc.

6.75%,

7/15/2026

(a)

209,000

203,367

10.50%,

7/15/2027

(a)

234,000

223,766

5.88%,

11/01/2028

(a)

249,000

223,157

9.50%,

11/01/2028

(a)

10,000

9,987

8.25%,

11/01/2029

(a)

190,000

155,344

Likewize

Corp.

,

9.75%

,

10/15/2025

(a)

75,000

76,041

Louisiana-Pacific

Corp.

,

3.63%

,

3/15/2029

(a)

10,000

9,014

LSB

Industries,

Inc.

,

6.25%

,

10/15/2028

(a)

95,000

90,423

Madison

IAQ

LLC

4.13%,

6/30/2028

(a)

11,000

10,113

5.88%,

6/30/2029

(a)

213,000

188,806

Manitowoc

Co.,

Inc.

(The)

,

9.00%

,

4/01/2026

(a)

21,000

21,054

Masonite

International

Corp.

5.38%,

2/01/2028

(a)

108,000

104,864

3.50%,

2/15/2030

(a)

80,000

69,216

Mauser

Packaging

Solutions

Holding

Co.

7.88%,

8/15/2026

(a)

606,000

612,171

9.25%,

4/15/2027

(a)

361,000

348,567

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Industrial

–

10.6%

(continued)

Maxim

Crane

Works

Holdings

Capital

LLC

,

11.50%

,

9/01/2028

(a)

65,000

67,901

MIWD

Holdco

II

LLC

/

MIWD

Finance

Corp.

,

5.50%

,

2/01/2030

(a)

11,000

10,013

Moog,

Inc.

,

4.25%

,

12/15/2027

(a)

11,000

10,303

Mueller

Water

Products,

Inc.

,

4.00%

,

6/15/2029

(a)

95,000

86,545

NAC

Aviation

29

DAC

,

4.75%

,

6/30/2026

99,735

93,966

New

Enterprise

Stone

&

Lime

Co.,

Inc.

5.25%,

7/15/2028

(a)

64,000

61,505

9.75%,

7/15/2028

(a)

190,000

191,594

OI

European

Group

BV

,

4.75%

,

2/15/2030

(a)

14,000

12,961

Oscar

AcquisitionCo

LLC

/

Oscar

Finance,

Inc.

,

9.50%

,

4/15/2030

(a)

203,000

197,057

OT

Merger

Corp.

,

7.88%

,

10/15/2029

(a)

73,000

44,530

Owens-Brockway

Glass

Container,

Inc.

6.38%,

8/15/2025

(a)

34,000

34,023

6.63%,

5/13/2027

(a)

127,000

126,996

7.25%,

5/15/2031

(a)

135,000

136,066

Pactiv

Evergreen

Group

Issuer

LLC

/

Pactiv

Evergreen

Group

Issuer,

Inc.

,

4.38%

,

10/15/2028

(a)

243,000

226,708

Pactiv

Evergreen

Group

Issuer,

Inc.

/

Pactiv

Evergreen

Group

Issuer

LLC

,

4.00%

,

10/15/2027

(a)

72,000

67,173

Pactiv

LLC

7.95%,

12/15/2025

32,000

32,522

8.38%,

4/15/2027

35,000

35,979

Park-Ohio

Industries,

Inc.

,

6.63%

,

4/15/2027

71,000

64,922

PGT

Innovations,

Inc.

,

4.38%

,

10/01/2029

(a)

16,000

16,086

Railworks

Holdings

LP

/

Railworks

Rally,

Inc.

,

8.25%

,

11/15/2028

(a)

20,000

20,027

Rand

Parent

LLC

,

8.50%

,

2/15/2030

(a)(b)

300,000

297,893

Roller

Bearing

Co.

of

America,

Inc.

,

4.38%

,

10/15/2029

(a)

42,000

38,594

Rolls-Royce

PLC

3.63%,

10/14/2025

(a)

213,000

205,320

5.75%,

10/15/2027

(a)

423,000

422,247

RXO,

Inc.

,

7.50%

,

11/15/2027

(a)

23,000

23,755

Sealed

Air

Corp.

5.50%,

9/15/2025

(a)

80,000

80,082

4.00%,

12/01/2027

(a)

123,000

115,062

6.13%,

2/01/2028

(a)

143,000

143,686

5.00%,

4/15/2029

(a)

195,000

188,027

6.88%,

7/15/2033

(a)

93,000

97,050

Sealed

Air

Corp./Sealed

Air

Corp.

US

,

7.25%

,

2/15/2031

(a)

10,000

10,472

Seaspan

Corp.

,

5.50%

,

8/01/2029

(a)

127,000

108,808

Sensata

Technologies

BV

5.00%,

10/01/2025

(a)

120,000

118,887

4.00%,

4/15/2029

(a)

90,000

82,391

5.88%,

9/01/2030

(a)

204,000

201,184

Sensata

Technologies,

Inc.

4.38%,

2/15/2030

(a)

82,000

75,598

3.75%,

2/15/2031

(a)

52,000

45,246

Silgan

Holdings,

Inc.

,

4.13%

,

2/01/2028

173,000

162,679

Smyrna

Ready

Mix

Concrete

LLC

6.00%,

11/01/2028

(a)

349,000

341,140

8.88%,

11/15/2031

(a)

285,000

299,483

125

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Industrial

–

10.6%

(continued)

Spirit

AeroSystems,

Inc.

3.85%,

6/15/2026

10,000

9,463

4.60%,

6/15/2028

11,000

9,450

9.38%,

11/30/2029

(a)

264,000

286,067

9.75%,

11/15/2030

(a)

10,000

10,490

SPX

Flow,

Inc.

,

8.75%

,

4/01/2030

(a)

73,000

71,893

Standard

Industries,

Inc.

5.00%,

2/15/2027

(a)

138,000

134,046

4.75%,

1/15/2028

(a)

265,000

253,378

4.38%,

7/15/2030

(a)

578,000

525,252

3.38%,

1/15/2031

(a)

325,000

276,046

Stericycle,

Inc.

,

3.88%

,

1/15/2029

(a)

265,000

241,076

Summit

Materials

LLC

/

Summit

Materials

Finance

Corp.

6.50%,

3/15/2027

(a)

10,000

9,984

5.25%,

1/15/2029

(a)

165,000

159,789

7.25%,

1/15/2031

(a)

90,000

93,533

Terex

Corp.

,

5.00%

,

5/15/2029

(a)

185,000

176,218

Tervita

Corp.

,

11.00%

,

12/01/2025

(a)

16,000

16,745

Titan

Acquisition

Ltd.

/

Titan

Co.-Borrower

LLC

,

7.75%

,

4/15/2026

(a)

222,000

222,259

TK

Elevator

Holdco

GmbH

,

7.63%

,

7/15/2028

(a)

95,000

94,754

TK

Elevator

US

Newco,

Inc.

,

5.25%

,

7/15/2027

(a)

557,000

537,280

TopBuild

Corp.

3.63%,

3/15/2029

(a)

30,000

27,241

4.13%,

2/15/2032

(a)

82,000

71,980

TransDigm,

Inc.

6.25%,

3/15/2026

(a)

1,017,000

1,011,488

7.50%,

3/15/2027

55,000

55,084

5.50%,

11/15/2027

614,000

598,354

6.75%,

8/15/2028

(a)

588,000

597,428

4.63%,

1/15/2029

360,000

336,192

4.88%,

5/01/2029

193,000

180,692

6.88%,

12/15/2030

(a)

415,000

426,402

7.13%,

12/01/2031

(a)

235,000

244,977

Trident

TPI

Holdings,

Inc.

,

12.75%

,

12/31/2028

(a)

196,000

210,003

TriMas

Corp.

,

4.13%

,

4/15/2029

(a)

105,000

94,378

Trinity

Industries,

Inc.

,

7.75%

,

7/15/2028

(a)

10,000

10,419

Triumph

Group,

Inc.

7.75%,

8/15/2025

268,000

268,094

9.00%,

3/15/2028

(a)

275,000

290,412

Trivium

Packaging

Finance

BV

5.50%,

8/15/2026

(a)

379,000

369,996

8.50%,

8/15/2027

(a)

141,000

137,887

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Industrial

–

10.6%

(continued)

TTM

Technologies,

Inc.

,

4.00%

,

3/01/2029

(a)

12,000

10,849

Tutor

Perini

Corp.

,

6.88%

,

5/01/2025

(a)(b)

77,000

76,008

Vertiv

Group

Corp.

,

4.13%

,

11/15/2028

(a)

95,000

88,322

VM

Consolidated,

Inc.

,

5.50%

,

4/15/2029

(a)

65,000

61,980

Waste

Pro

USA,

Inc.

,

5.50%

,

2/15/2026

(a)

152,000

147,509

Watco

Cos.

LLC

/

Watco

Finance

Corp.

,

6.50%

,

6/15/2027

(a)

10,000

9,937

Weekley

Homes

LLC

/

Weekley

Finance

Corp.

,

4.88%

,

9/15/2028

(a)

85,000

79,328

Werner

FinCo

LP

/

Werner

FinCo,

Inc.

,

11.50%

,

6/15/2028

(a)

135,000

143,289

WESCO

Distribution,

Inc.

7.13%,

6/15/2025

(a)

212,000

213,119

7.25%,

6/15/2028

(a)

181,000

185,963

XPO

CNW,

Inc.

,

6.70%

,

5/01/2034

60,000

61,635

XPO,

Inc.

7.13%,

6/01/2031

(a)

10,000

10,242

7.13%,

2/01/2032

(a)

225,000

229,491

29,791,597

Technology

–

4.9%

Ahead

DB

Holdings

LLC

,

6.63%

,

5/01/2028

(a)

85,000

75,480

Alteryx,

Inc.

,

8.75%

,

3/15/2028

(a)

270,000

289,289

Amkor

Technology,

Inc.

,

6.63%

,

9/15/2027

(a)

11,000

11,062

ams-OSRAM

AG

,

12.25%

,

3/30/2029

(a)

375,000

406,231

ASGN,

Inc.

,

4.63%

,

5/15/2028

(a)

60,000

56,763

AthenaHealth

Group,

Inc.

,

6.50%

,

2/15/2030

(a)

615,000

550,228

Boxer

Parent

Co.,

Inc.

,

7.13%

,

10/02/2025

(a)

94,000

94,177

Camelot

Finance

SA

,

4.50%

,

11/01/2026

(a)

127,000

122,408

Capstone

Borrower,

Inc.

,

8.00%

,

6/15/2030

(a)

85,000

88,223

Castle

US

Holding

Corp.

,

9.50%

,

2/15/2028

(a)

63,000

31,216

Central

Parent

LLC

/

CDK

Global

II

LLC

/

CDK

Financing

Co.,

Inc.

,

8.00%

,

6/15/2029

(a)

180,000

186,819

Central

Parent,

Inc.

/

CDK

Global,

Inc.

,

7.25%

,

6/15/2029

(a)

311,000

317,395

Clarivate

Science

Holdings

Corp.

3.88%,

7/01/2028

(a)

215,000

198,155

4.88%,

7/01/2029

(a)

207,000

193,275

Cloud

Software

Group,

Inc.

6.50%,

3/31/2029

(a)

820,000

765,626

9.00%,

9/30/2029

(a)

900,000

851,933

Conduent

Business

Services

LLC

/

Conduent

State

&

Local

Solutions,

Inc.

,

6.00%

,

11/01/2029

(a)

124,000

113,445

Consensus

Cloud

Solutions,

Inc.

6.00%,

10/15/2026

(a)(b)

380,000

360,321

6.50%,

10/15/2028

(a)(b)

11,000

9,911

Crane

NXT

Co.

6.55%,

11/15/2036

90,000

90,369

4.20%,

3/15/2048

70,000

52,489

Crowdstrike

Holdings,

Inc.

,

3.00%

,

2/15/2029

(b)

10,000

8,929

Dun

&

Bradstreet

Corp.

(The)

,

5.00%

,

12/15/2029

(a)(b)

17,000

15,803

Elastic

NV

,

4.13%

,

7/15/2029

(a)

60,000

54,489

Entegris,

Inc.

4.38%,

4/15/2028

(a)

130,000

123,621

3.63%,

5/01/2029

(a)(b)

42,000

37,867

5.95%,

6/15/2030

(a)

137,000

135,267

126

STATEMENT

OF

INVESTMENTS

(continued)

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Technology

–

4.9%

(continued)

Fair

Isaac

Corp.

5.25%,

5/15/2026

(a)

11,000

10,864

4.00%,

6/15/2028

(a)

279,000

259,271

Helios

Software

Holdings,

Inc.

/

ION

Corporate

Solutions

Finance

Sarl

,

4.63%

,

5/01/2028

(a)

20,000

18,236

KBR,

Inc.

,

4.75%

,

9/30/2028

(a)

56,000

51,607

McAfee

Corp.

,

7.38%

,

2/15/2030

(a)

464,000

420,369

MicroStrategy,

Inc.

,

6.13%

,

6/15/2028

(a)

335,000

319,611

NCR

Atleos

Corp.

,

9.50%

,

4/01/2029

(a)

485,000

520,357

NCR

Voyix

Corp.

5.00%,

10/01/2028

(a)

180,000

169,631

5.13%,

4/15/2029

(a)

210,000

197,606

5.25%,

10/01/2030

(a)

80,000

73,372

ON

Semiconductor

Corp.

,

3.88%

,

9/01/2028

(a)

30,000

27,503

Open

Text

Corp.

3.88%,

2/15/2028

(a)

125,000

116,107

3.88%,

12/01/2029

(a)

240,000

216,603

Open

Text

Holdings,

Inc.

4.13%,

2/15/2030

(a)

54,000

48,878

4.13%,

12/01/2031

(a)

220,000

194,620

Pitney

Bowes,

Inc.

6.88%,

3/15/2027

(a)(b)

251,000

226,604

7.25%,

3/15/2029

(a)

245,000

208,921

Playtika

Holding

Corp.

,

4.25%

,

3/15/2029

(a)

75,000

64,976

Presidio

Holdings,

Inc.

4.88%,

2/01/2027

(a)

101,000

97,956

8.25%,

2/01/2028

(a)

180,000

178,427

PTC,

Inc.

3.63%,

2/15/2025

(a)

109,000

106,907

4.00%,

2/15/2028

(a)

78,000

73,625

Rackspace

Technology

Global,

Inc.

3.50%,

2/15/2028

(a)

70,000

27,799

5.38%,

12/01/2028

(a)

57,000

17,790

RingCentral,

Inc.

,

8.50%

,

8/15/2030

(a)

488,000

501,705

ROBLOX

Corp.

,

3.88%

,

5/01/2030

(a)

38,000

33,369

Rocket

Software,

Inc.

,

6.50%

,

2/15/2029

(a)

210,000

180,828

RRD

Parent,

Inc.

,

10.00%

,

10/15/2031

(a)(c)

52,000

89,858

Science

Applications

International

Corp.

,

4.88%

,

4/01/2028

(a)

30,000

28,393

Seagate

HDD

Cayman

4.88%,

6/01/2027

45,000

44,162

4.09%,

6/01/2029

179,000

165,156

3.13%,

7/15/2029

122,000

101,010

8.25%,

12/15/2029

(a)

120,000

129,154

4.13%,

1/15/2031

71,000

62,664

8.50%,

7/15/2031

(a)

65,000

70,635

9.63%,

12/01/2032

225,000

258,473

5.75%,

12/01/2034

10,000

9,659

SS&C

Technologies,

Inc.

,

5.50%

,

9/30/2027

(a)

288,000

282,691

Synaptics,

Inc.

,

4.00%

,

6/15/2029

(a)

10,000

8,946

Tempo

Acquisition

LLC

/

Tempo

Acquisition

Finance

Corp.

,

5.75%

,

6/01/2025

(a)

10,000

9,957

Twilio,

Inc.

3.63%,

3/15/2029

12,000

10,840

3.88%,

3/15/2031

14,000

12,331

Unisys

Corp.

,

6.88%

,

11/01/2027

(a)

330,000

300,001

Vericast

Corp.

11.00%,

9/15/2026

(a)

283,000

298,571

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Technology

–

4.9%

(continued)

Vericast

Corp.

(continued)

12.50%,

12/15/2027

(a)

15,000

16,908

Veritas

US,

Inc.

/

Veritas

Bermuda

Ltd.

,

7.50%

,

9/01/2025

(a)

441,000

376,351

Virtusa

Corp.

,

7.13%

,

12/15/2028

(a)

29,000

25,553

West

Technology

Group

LLC

,

8.50%

,

4/10/2027

(a)

95,000

82,026

Western

Digital

Corp.

,

4.75%

,

2/15/2026

783,000

762,621

Xerox

Corp.

4.80%,

3/01/2035

56,000

41,962

6.75%,

12/15/2039

85,000

71,657

Xerox

Holdings

Corp.

5.00%,

8/15/2025

(a)

195,000

190,520

5.50%,

8/15/2028

(a)

503,000

457,608

ZoomInfo

Technologies

LLC

/

ZoomInfo

Finance

Corp.

,

3.88%

,

2/01/2029

(a)

305,000

271,520

13,783,560

Utilities

–

2.9%

Algonquin

Power

&

Utilities

Corp.

,

4.75%

,

1/18/2082

120,000

104,229

AmeriGas

Partners

LP

/

AmeriGas

Finance

Corp.

5.50%,

5/20/2025

178,000

174,977

5.88%,

8/20/2026

275,000

265,885

5.75%,

5/20/2027

213,000

204,110

9.38%,

6/01/2028

(a)

111,000

114,079

Atlantica

Sustainable

Infrastructure

PLC

,

4.13%

,

6/15/2028

(a)

175,000

161,958

Calpine

Corp.

5.25%,

6/01/2026

(a)

219,000

215,458

4.50%,

2/15/2028

(a)

234,000

222,599

5.13%,

3/15/2028

(a)

309,000

295,331

4.63%,

2/01/2029

(a)(b)

154,000

142,273

5.00%,

2/01/2031

(a)

199,000

180,521

3.75%,

3/01/2031

(a)

203,000

177,070

Clearway

Energy

Operating

LLC

4.75%,

3/15/2028

(a)

214,000

203,856

3.75%,

2/15/2031

(a)

340,000

295,122

3.75%,

1/15/2032

(a)

11,000

9,352

DPL,

Inc.

4.13%,

7/01/2025

85,000

82,723

4.35%,

4/15/2029

191,000

177,061

Drax

Finco

PLC

,

6.63%

,

11/01/2025

(a)

40,000

39,730

Edison

International

,

8.13%

,

6/15/2053

175,000

179,888

FirstEnergy

Corp.

2.05%,

3/01/2025

50,000

47,973

Series

A,

1.60%,

1/15/2026

60,000

56,110

Series

B,

4.15%,

7/15/2027

365,000

351,167

2.65%,

3/01/2030

229,000

199,553

Series

B,

2.25%,

9/01/2030

(b)

50,000

42,023

Series

C,

7.38%,

11/15/2031

55,000

64,396

Series

C,

5.10%,

7/15/2047

292,000

262,775

Series

C,

3.40%,

3/01/2050

177,000

122,891

Leeward

Renewable

Energy

Operations

LLC

,

4.25%

,

7/01/2029

(a)

10,000

9,037

NextEra

Energy

Operating

Partners

LP

3.88%,

10/15/2026

(a)

85,000

80,509

4.50%,

9/15/2027

(a)

66,000

62,194

7.25%,

1/15/2029

(a)

97,000

99,900

127

BNY

Mellon

High

Yield

Beta

ETF

(continued)

Description

Principal

Amount

($)

Value

($)

Corporate

Bonds

–

98.1%

(continued)

Utilities

–

2.9%

(continued)

NRG

Energy,

Inc.

6.63%,

1/15/2027

25,000

25,067

5.75%,

1/15/2028

245,000

242,433

3.38%,

2/15/2029

(a)

10,000

8,861

5.25%,

6/15/2029

(a)

177,000

169,726

3.63%,

2/15/2031

(a)

202,000

173,022

3.88%,

2/15/2032

(a)

250,000

213,344

Panoche

Energy

Center

LLC

,

6.89%

,

7/31/2029

(a)

15,926

16,049

Pattern

Energy

Operations

LP

/

Pattern

Energy

Operations,

Inc.

,

4.50%

,

8/15/2028

(a)

145,000

135,108

PG&E

Corp.

5.00%,

7/01/2028

81,000

78,268

5.25%,

7/01/2030

(b)

355,000

339,627

Pike

Corp.

5.50%,

9/01/2028

(a)

156,000

149,584

8.63%,

1/31/2031

(a)

207,000

219,041

Solaris

Midstream

Holdings

LLC

,

7.63%

,

4/01/2026

(a)

190,000

191,218

Talen

Energy

Supply

LLC

,

8.63%

,

6/01/2030

(a)

137,000

145,402

TerraForm

Global

Operating

LP

,

6.13%

,

3/01/2026

(a)

35,000

34,594

TransAlta

Corp.

7.75%,

11/15/2029

37,000

38,839

6.50%,

3/15/2040

10,000

9,951

Vistra

Operations

Co.

LLC

5.50%,

9/01/2026

(a)

56,000

55,480

5.63%,

2/15/2027

(a)

196,000

193,265

5.00%,

7/31/2027

(a)

281,000

272,170

4.38%,

5/01/2029

(a)

342,000

315,851

7.75%,

10/15/2031

(a)

257,000

267,044

WGL

Holdings,

Inc.

,

4.60%

,

11/01/2044

100,000

83,568

8,022,262

Total

Corporate

Bonds

(cost

$276,877,607)

276,840,244

Shares

Investment

Companies

–

1.1%

Registered

Investment

Companies

–

1.1%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(g)(h)

(cost

$3,152,968)

3,152,968

3,152,968

Investment

of

Cash

Collateral

for

Securities

Loaned

–

4.5%

Registered

Investment

Companies

–

4.5%

Dreyfus

Institutional

Preferred

Government

Money

Market

Fund,

Institutional

Shares,

5.30%

(g)(h)

(cost

$12,665,155)

12,665,155

12,665,155

Total

Investments

(cost

$292,695,730)

103.7%

292,658,367

Liabilities,

Less

Cash

and

Receivables

(3.7)%

(10,333,942)

Net

Assets

100.0%

282,324,425

REIT—Real

Estate

Investment

Trust

(a)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

January

31,

2024,

these

securities

were

valued

at

$226,452,801

or

80.21%

of

net

assets.

(b)

Security,

or

portion

thereof,

on

loan.

At

January

31,

2024,

the

value

of

the

fund’s

securities

on

loan

was

$15,050,366

and

the

value

of

the

collateral

was

$15,754,066,

consisting

of

cash

collateral

of

$12,665,155

and

U.S.

Government

&

Agency

securities

valued

at

$3,088,911.

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.

128

STATEMENT

OF

INVESTMENTS

(continued)

See

Notes

to

Statements

of

Investments

(d)

Defaulted

security.

Currently,

the

issuer

is

in

default

with

respect

to

principal

and/or

interest

payments.

The

aggregate

value

of

these

securities

at

January

31,

2024

was

$73,112,

which

represented

0.03%

of

the

Fund’s

Net

Assets.

(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

January

31,

2024.

Futures

Description

Number

of

Contracts

Expiration

Notional

Value

($)

Market

Value

($)

Unrealized

Appreciation

($)

Futures

Long

U.S.

Treasury

Long

Bonds

3

3/19/2024

366,193

367,031

838

Gross

Unrealized

Appreciation

838

129

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

it 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. 

130

NOTES

TO

STATEMENTS

OF

INVESTMENTS

(Unaudited)

(continued)

The

table

below

summarizes

the

inputs

used

as

of January

31,

2024

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

2,095,836,696

—

—

2,095,836,696

Investment

Companies

2,212,064

—

—

2,212,064

Investment

of

Cash

Collateral

for

Securities

Loaned

642,606

—

—

642,606

Other

Financial

Instruments:

Futures

††

55,815

—

—

55,815

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

472,577,901

—

—

472,577,901

Investment

Companies

1,628,867

—

—

1,628,867

Investment

of

Cash

Collateral

for

Securities

Loaned

3,756,676

—

—

3,756,676

Other

Financial

Instruments:

Futures

††

6,203

—

—

6,203

Liabilities

($)

Other

Financial

Instruments:

Futures

††

(4,999)

—

—

(4,999)

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

107,972,153

—

—

107,972,153

Investment

Companies

151,724

—

—

151,724

Investment

of

Cash

Collateral

for

Securities

Loaned

2,134,453

—

—

2,134,453

Liabilities

($)

Other

Financial

Instruments:

Futures

††

(8,046)

—

—

(8,046)

BNY

Mellon

International

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

564,170,308

—

0

564,170,308

Preferred

Stocks

2,210,456

—

—

2,210,456

Rights

2,762

—

—

2,762

Warrants

—

0

—

0

Investment

Companies

657,857

—

—

657,857

Investment

of

Cash

Collateral

for

Securities

Loaned

391,501

—

—

391,501

Other

Financial

Instruments:

Futures

††

9,252

—

—

9,252

BNY

Mellon

Emerging

Markets

Equity

ETF

Assets

($)

Investments

In

Securities:

†

Common

Stocks

89,780,581

—

0

89,780,581

Preferred

Stocks

2,178,011

—

0

2,178,011

Rights

—

1,171

—

1,171

Investment

Companies

102,686

—

—

102,686

Investment

of

Cash

Collateral

for

Securities

Loaned

35,805

—

—

35,805

Liabilities

($)

Other

Financial

Instruments:

Futures

††

(3,749)

—

—

(3,749)

131

Pursuant

to

a

securities

lending

agreement

with

BNY

Mellon,

the

funds

may

lend

securities

to

qualified

institutions.

It

is

the

funds’

policy

that,

at

origination,

all

loans

are

secured

by

collateral

of

at

least

102%

of

the

value

of

U.S.

securities

loaned

and

105%

of

the

value

of

foreign

securities

loaned.

Collateral

equivalent

to

at

least

100%

of

the

market

value

of

securities

on

loan

is

maintained

at

all

times.

Collateral

is

either

in

the

form

of

cash,

which

can

be

invested

in

certain

money

market

mutual

funds

managed

by

the

Adviser,

or

U.S.

Government

and

Agency

securities.

The

funds are

entitled

to

receive

all

dividends,

interest

and

distributions

on

securities

loaned,

in

addition

to

income

earned

as

a

result

of

the

lending

transaction.

Should

a

borrower

fail

to

return

the

securities

in

a

timely

manner,

The

Bank

of

New

York

Mellon

is

required

to

replace

the

securities

for

the

benefit

of

the

funds

or

credit

the

funds

with

the

market

value

of

the

unreturned

securities

and

is

subrogated

to

the

funds’

rights

against

the

borrower

and

the

collateral.

Additionally,

the

contractual

maturity

of

security

lending

transactions

are

on

an

overnight

and

continuous

basis.

TBA

Securities:

During

the

period

ended January

31,

2024,

BNY

Mellon

Core

Bond

ETF

transacted

in

TBA

securities

that

involved

buying

or

selling

mortgage-backed

securities

on

a

forward

commitment

basis.

A

TBA

transaction

typically

does

not

designate

the

actual

security

to

be

delivered

and

only

includes

an

approximate

principal

amount;

however,

delivered

securities

must

meet

specified

terms

defined

by

industry

guidelines,

including

issuer,

rate

and

current

principal

amount

outstanding

on

underling

mortgage

pools.

TBA

securities

subject

to

a

forward

commitment

to

sell

at

period

end

are

included

at

the

end

of

the

fund’s

Statement

of

Investments

under

the

caption

“TBA

Sale

Commitments.”

The

proceeds

and

value

of

these

commitments

are

reflected

 as

Receivable

for

TBA

sale

commitments

(included

in

receivable

securities

sold)

and

TBA

sale

commitments,

at

value,

respectively. 

Derivatives:

A

derivative

is

a

financial

instrument

whose

performance

is

derived

from

the

performance

of

another

asset.

Rule

18f-4

under

the

Act

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

applicable

derivatives

does

not

exceed

10%

of

the

fund’s

net

assets,

and

is

subject

to

certain

reporting

requirements. Each

type

of

derivative

instrument

that

was

held

by

the

fund

during

the 

period

ended

January

31,

2024

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,

BNY

Mellon

Emerging

Markets

Equity ETF

and

BNY

Mellon

High

Yield

Beta

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

Level

1

-

Unadjusted

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-  Significant

Unobservable

Inputs

Total

BNY

Mellon

Core

Bond

ETF

Assets

($)

Investments

In

Securities:

†

Asset-Backed

Securities

—

7,540,815

—

7,540,815

Commercial

Mortgage-Backed

Securities

—

13,824,245

—

13,824,245

Corporate

Bonds

—

424,394,107

—

424,394,107

Foreign

Governmental

—

29,292,728

—

29,292,728

Municipal

Securities

—

7,350,828

—

7,350,828

Supranational

Bank

—

24,287,654

—

24,287,654

U.S.

Government

Agencies

—

476,106,479

—

476,106,479

U.S.

Treasury

Government

Securities

—

694,318,567

—

694,318,567

Investment

Companies

44,915,071

—

—

44,915,071

Investment

of

Cash

Collateral

for

Securities

Loaned

6,030,609

—

—

6,030,609

BNY

Mellon

High

Yield

Beta

ETF

Assets

($)

Investments

In

Securities:

†

Corporate

Bonds

—

276,840,244

—

276,840,244

Investment

Companies

3,152,968

—

—

3,152,968

Investment

of

Cash

Collateral

for

Securities

Loaned

12,665,155

—

—

12,665,155

Other

Financial

Instruments:

Futures

††

838

—

—

838

†

See

Statement

of

Investments

for

additional

detailed

categorizations,

if

any.

††

Amount

shown

represents

unrealized

appreciation

(depreciation)

at

period

end.

132

NOTES

TO

STATEMENTS

OF

INVESTMENTS

(Unaudited)

(continued)

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 January

31,

2024,

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

January

31,

2024.

At

January

31,

2024,

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).

Gross

Appreciation

Gross

(Depreciation)

Net

BNY

Mellon

US

Large

Cap

Core

Equity

ETF

$

340,452,841

$

(41,998,257)

$

298,454,584

BNY

Mellon

US

Mid

Cap

Core

Equity

ETF

41,595,021

(8,379,260)

33,215,761

BNY

Mellon

US

Small

Cap

Core

Equity

ETF

9,055,205

(6,870,984)

2,184,221

BNY

Mellon

International

Equity

ETF

71,310,955

(15,190,993)

56,119,962

BNY

Mellon

Emerging

Markets

Equity

ETF

13,032,927

(10,279,643)

2,753,284

BNY

Mellon

Core

Bond

ETF

7,285,384

(30,662,896)

(23,377,512)

BNY

Mellon

High

Yield

Beta

ETF

2,415,73

4

(2,452,259)

(36,52

5

)