First Trust RBA Deglobalization ETF (DGLO)
Holdings of the Fund as of 12/26/2025

Total Number of Holdings (excluding cash): 108

Security Name Identifier CUSIP Classification Shares / Quantity Market Value Weighting Descending sort
General Dynamics Corporation GD 369550108 Aerospace & Defense 181 $61,938.20 3.00%
Republic Services, Inc. RSG 760759100 Commercial Services & Supplies 249 $53,129.13 2.57%
Union Pacific Corporation UNP 907818108 Ground Transportation 212 $49,489.28 2.39%
Armstrong World Industries, Inc. AWI 04247X102 Building Products 233 $44,794.25 2.17%
Packaging Corporation of America PKG 695156109 Containers & Packaging 202 $42,199.82 2.04%
J.B. Hunt Transport Services, Inc. JBHT 445658107 Ground Transportation 188 $37,276.64 1.80%
Balchem Corporation BCPC 057665200 Chemicals 218 $34,326.28 1.66%
Landstar System, Inc. LSTR 515098101 Ground Transportation 235 $34,314.70 1.66%
Clean Harbors, Inc. CLH 184496107 Commercial Services & Supplies 140 $33,716.20 1.63%
ConocoPhillips COP 20825C104 Oil, Gas & Consumable Fuels 352 $32,222.08 1.56%
EOG Resources, Inc. EOG 26875P101 Oil, Gas & Consumable Fuels 312 $32,292.00 1.56%
Cadre Holdings, Inc. CDRE 12763L105 Aerospace & Defense 761 $31,916.34 1.54%
Rollins, Inc. ROL 775711104 Commercial Services & Supplies 521 $31,572.60 1.53%
Leonardo DRS, Inc. DRS 52661A108 Aerospace & Defense 907 $31,091.96 1.50%
CSX Corporation CSX 126408103 Ground Transportation 837 $30,650.94 1.48%
L3Harris Technologies, Inc. LHX 502431109 Aerospace & Defense 103 $30,567.31 1.48%
Schneider National, Inc. (Class B) SNDR 80689H102 Ground Transportation 1,119 $30,537.51 1.48%
Exponent, Inc. EXPO 30214U102 Professional Services 418 $29,824.30 1.44%
Marten Transport, Ltd. MRTN 573075108 Ground Transportation 2,613 $29,866.59 1.44%
GE Aerospace GE 369604301 Aerospace & Defense 93 $29,308.02 1.42%
Verisk Analytics, Inc. (Class A) VRSK 92345Y106 Professional Services 126 $27,762.84 1.34%
Hubbell Incorporated HUBB 443510607 Electrical Equipment 57 $25,931.58 1.25%
Coterra Energy Inc. CTRA 127097103 Oil, Gas & Consumable Fuels 997 $25,712.63 1.24%
Zurn Elkay Water Solutions Corp. ZWS 98983L108 Building Products 516 $24,685.44 1.19%
Reliance Inc. RS 759509102 Metals & Mining 82 $24,330.22 1.18%
Granite Construction Incorporated GVA 387328107 Construction & Engineering 199 $23,752.64 1.15%
Curtiss-Wright Corporation CW 231561101 Aerospace & Defense 40 $22,646.80 1.10%
Northrop Grumman Corporation NOC 666807102 Aerospace & Defense 39 $22,517.43 1.09%
UFP Industries Inc. UFPI 90278Q108 Building Products 243 $22,557.69 1.09%
Magnolia Oil & Gas Corporation (Class A) MGY 559663109 Oil, Gas & Consumable Fuels 1,029 $22,339.59 1.08%
acuity AYI 00508Y102 Electrical Equipment 58 $21,652.56 1.05%
Howmet Aerospace Inc. HWM 443201108 Aerospace & Defense 103 $21,755.66 1.05%
Alarm.com Holdings, Inc. ALRM 011642105 Software 413 $21,397.53 1.04%
Axon Enterprise Inc. AXON 05464C101 Aerospace & Defense 37 $21,602.08 1.04%
Phillips 66 PSX 718546104 Oil, Gas & Consumable Fuels 164 $20,951.00 1.01%
The Toro Company TTC 891092108 Machinery 261 $20,728.62 1.00%
Casella Waste Systems, Inc. CWST 147448104 Commercial Services & Supplies 201 $20,327.13 0.98%
Marathon Petroleum Corporation MPC 56585A102 Oil, Gas & Consumable Fuels 124 $20,297.56 0.98%
Old Dominion Freight Line, Inc. ODFL 679580100 Ground Transportation 126 $20,095.74 0.97%
ABM Industries Incorporated ABM 000957100 Commercial Services & Supplies 460 $19,628.20 0.95%
Cactus, Inc. (Class A) WHD 127203107 Energy Equipment & Services 426 $19,600.26 0.95%
Huntington Ingalls Industries, Inc. HII 446413106 Aerospace & Defense 56 $19,663.28 0.95%
Devon Energy Corporation DVN 25179M103 Oil, Gas & Consumable Fuels 546 $19,475.82 0.94%
Permian Resources Corp. PR 71424F105 Oil, Gas & Consumable Fuels 1,413 $19,428.75 0.94%
Advanced Drainage Systems, Inc. WMS 00790R104 Building Products 128 $19,152.64 0.93%
Chord Energy Corporation CHRD 674215207 Oil, Gas & Consumable Fuels 212 $19,088.48 0.92%
Huron Consulting Group Inc. HURN 447462102 Professional Services 104 $18,788.64 0.91%
HNI Corporation HNI 404251100 Commercial Services & Supplies 442 $18,709.86 0.90%
Leidos Holdings, Inc. LDOS 525327102 Professional Services 99 $18,400.14 0.89%
Viper Energy, Inc. (Class A) VNOM 64361Q101 Oil, Gas & Consumable Fuels 477 $18,178.47 0.88%
Lennox International Inc. LII 526107107 Building Products 36 $17,933.76 0.87%
CSW Industrials, Inc. CSW 126402106 Building Products 57 $17,515.53 0.85%
Oshkosh Corporation OSK 688239201 Machinery 133 $17,363.15 0.84%
Carlisle Companies Incorporated CSL 142339100 Building Products 49 $16,185.68 0.78%
Ducommun Incorporated DCO 264147109 Aerospace & Defense 167 $16,108.82 0.78%
Comfort Systems USA, Inc. FIX 199908104 Construction & Engineering 16 $15,421.28 0.75%
Federal Signal Corporation FSS 313855108 Machinery 135 $15,314.40 0.74%
Kratos Defense & Security Solutions, Inc. KTOS 50077B207 Aerospace & Defense 198 $15,384.60 0.74%
Carpenter Technology Corporation CRS 144285103 Aerospace & Defense 45 $15,045.75 0.73%
SPX Technologies SPXC 78473E103 Machinery 70 $14,593.60 0.71%
EMCOR Group, Inc. EME 29084Q100 Construction & Engineering 23 $14,423.07 0.70%
Nucor Corporation NUE 670346105 Metals & Mining 84 $13,973.40 0.68%
HF Sinclair Corp. DINO 403949100 Oil, Gas & Consumable Fuels 297 $13,626.36 0.66%
Matador Resources Company MTDR 576485205 Oil, Gas & Consumable Fuels 321 $13,337.55 0.65%
Steel Dynamics, Inc. STLD 858119100 Metals & Mining 77 $13,510.42 0.65%
International Paper Company IP 460146103 Containers & Packaging 330 $13,163.70 0.64%
BKV Corporation BKV 05603J108 Oil, Gas & Consumable Fuels 479 $13,062.33 0.63%
CRA International, Inc. CRAI 12618T105 Professional Services 62 $12,786.88 0.62%
Ovintiv Inc. OVV 69047Q102 Oil, Gas & Consumable Fuels 331 $12,568.07 0.61%
Proto Labs, Inc. PRLB 743713109 Machinery 238 $12,542.60 0.61%
Vitesse Energy, Inc. VTS 92852X103 Oil, Gas & Consumable Fuels 663 $12,656.67 0.61%
Miller Industries, Inc. MLR 600551204 Machinery 326 $12,436.90 0.60%
Astec Industries, Inc. ASTE 046224101 Machinery 264 $12,120.24 0.59%
Graham Corporation GHM 384556106 Machinery 171 $12,231.63 0.59%
Myers Industries, Inc. MYE 628464109 Containers & Packaging 634 $12,229.86 0.59%
Saia, Inc. SAIA 78709Y105 Ground Transportation 37 $12,247.74 0.59%
Gibraltar Industries, Inc. ROCK 374689107 Building Products 235 $11,947.40 0.58%
Murphy Oil Corporation MUR 626717102 Oil, Gas & Consumable Fuels 387 $12,058.92 0.58%
MYR Group Inc. MYRG 55405W104 Construction & Engineering 53 $11,927.65 0.58%
Worthington Steel, Inc. WS 982104101 Metals & Mining 331 $11,929.24 0.58%
Clear Secure, Inc. (Class A) YOU 18467V109 Software 326 $11,687.10 0.57%
REV Group, Inc. REVG 749527107 Machinery 185 $11,571.75 0.56%
Titan America SA TTAM B9151N105 Construction Materials 668 $11,376.04 0.55%
Worthington Enterprises, Inc. WOR 981811102 Machinery 216 $11,419.92 0.55%
BWX Technologies, Inc. BWXT 05605H100 Aerospace & Defense 63 $11,080.44 0.54%
Ranger Energy Services, Inc. RNGR 75282U104 Energy Equipment & Services 801 $11,093.85 0.54%
ArcBest Corporation ARCB 03937C105 Ground Transportation 141 $10,892.25 0.53%
Knife River Corporation KNF 498894104 Construction Materials 147 $10,830.96 0.52%
National Presto Industries, Inc. NPK 637215104 Aerospace & Defense 99 $10,736.55 0.52%
Select Water Solutions, Inc. (Class A) WTTR 81617J301 Energy Equipment & Services 1,004 $10,722.72 0.52%
United States Lime & Minerals, Inc. USLM 911922102 Construction Materials 85 $10,769.50 0.52%
Metallus Inc. MTUS 887399103 Metals & Mining 597 $10,620.63 0.51%
Okta, Inc. OKTA 679295105 IT Services 116 $10,278.76 0.50%
Park Aerospace Corp. PKE 70014A104 Aerospace & Defense 480 $10,257.60 0.50%
AdvanSix Inc. ASIX 00773T101 Chemicals 584 $10,149.92 0.49%
LegalZoom.com, Inc. LZ 52466B103 Professional Services 1,001 $10,090.08 0.49%
LSB Industries, Inc. LXU 502160104 Chemicals 1,174 $9,990.74 0.48%
Mercury Systems, Inc. MRCY 589378108 Aerospace & Defense 133 $9,871.26 0.48%
California Resources Corporation CRC 13057Q305 Oil, Gas & Consumable Fuels 215 $9,472.90 0.46%
Civitas Resources, Inc. CIVI 17888H103 Oil, Gas & Consumable Fuels 351 $9,441.90 0.46%
Riley Exploration Permian, Inc. REPX 76665T102 Oil, Gas & Consumable Fuels 366 $9,508.68 0.46%
SunCoke Energy, Inc. SXC 86722A103 Metals & Mining 1,277 $9,194.40 0.44%
Hawkins, Inc. HWKN 420261109 Chemicals 59 $8,662.38 0.42%
Generac Holdings Inc. GNRC 368736104 Electrical Equipment 55 $7,730.80 0.37%
AAON, Inc. AAON 000360206 Building Products 97 $7,349.69 0.36%
Parsons Corporation PSN 70202L102 Professional Services 120 $7,507.20 0.36%
Trex Company, Inc. TREX 89531P105 Building Products 195 $6,953.70 0.34%
Byrna Technologies Inc. BYRN 12448X201 Aerospace & Defense 407 $6,813.18 0.33%
US Dollar $USD Other 3,473 $3,472.71 0.17%
Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.