| ABFOF | Abertis Infraestructuras SA | N/A | Rail | $ 0 |
| ASTPF | ASTM SpA | N/A | Rail | $ 0 |
| ATASF | Ord Shs/Atlantia SPA | 3.36% | Rail | $ 0 |
| AZNNY | ADR (Sponsored)/Aurizon Holdings Ltd | 7.84% | Rail | $ 0 |
| BKKXF | Bangkok Expressway & Metro Public Co Ltd | N/A | Rail | $ 0 |
| BVZHF | BVZ Holding AG | N/A | Rail | $ 0 |
| CJPRF | Ord/Central Japan Railway Co. | 2.50% | Rail | $ 0 |
| CJPRY | ADR/Central Japan Railway Co. | 0.83% | Rail | $ 0 |
| CNI | Canadian National Railway Co | 1.85% | Rail | $ 101,304,404,600 |
| CP | Canadian Pacific Kansas City Ltd | 0.66% | Rail | $ 80,101,449,550 |
| CSX | CSX Corp | 1.27% | Rail | $ 69,235,795,560 |
| DMRR | Dayton & Michigan Railroad Company | 5.00% | Rail | $ 0 |
| EJPRF | Ord/East Japan Railway Co. | 1.25% | Rail | $ 0 |
| EJPRY | ADR (Unsponsored)/East Japan Railway Co. | 1.28% | Rail | $ 0 |
| FGROF | Ord/FirstGroup Plc | 2.52% | Rail | $ 0 |
| FGROY | ADR/FirstGroup Plc | 2.10% | Rail | $ 0 |
| GATX | GATX Corp | 1.72% | Rail | $ 4,602,575,000 |
| GBX | Greenbrier Companies Inc (The) | 2.24% | Rail | $ 1,625,349,510 |
| GLTVF | GDR (Sponsored) Reg S/Globaltrans Investment Plc | 35.28% | Rail | $ 0 |
| GMXTF | GMexico Transportes SAB de CV | N/A | Rail | $ 0 |
| GNGYF | Shs H/Guangshen Railway Co., Ltd. | N/A | Rail | $ 0 |
| GZITF | Yuexiu Transport Infrastructure Ltd | N/A | Rail | $ 0 |
| HHIWF | Shenzhen Investment Holdings Bay Area Development Co Ltd | N/A | Rail | $ 0 |
| HYUHF | Ord/Hankyu Hanshin Holdings Inc | N/A | Rail | $ 0 |
| KELRF | Keisei Electric Railway Co., Ltd. | N/A | Rail | $ 0 |
| KHEXF | Keikyu Corp | N/A | Rail | $ 0 |
| KINUF | Ord (New)/Kintetsu Group Holdings Co Ltd | N/A | Rail | $ 0 |
| KNBHF | Ord/Knorr-Bremse AG | 2.09% | Rail | $ 0 |
| KNRRY | ADR/Knorr-Bremse AG | 1.33% | Rail | $ 0 |
| KTERF | Keio Corp | N/A | Rail | $ 0 |
| KYYHF | Kyushu Railway Co | N/A | Rail | $ 0 |
| MTCPY | ADR/MTR Corp Ltd | 4.41% | Rail | $ 0 |
| MTRJF | Ord/MTR Corp Ltd | 5.10% | Rail | $ 0 |
| NARRF | Nagoya Railroad Co Ltd | N/A | Rail | $ 0 |
| NHLI | Nouveau Holdings Ltd | N/A | Rail | $ 0 |
| NPPSF | Nippon Sharyo Ltd. (Japan) | N/A | Rail | $ 0 |
| NSC | Norfolk Southern Corp | 2.20% | Rail | $ 55,570,660,640 |
| ODERF | Odakyu Electric Railway Co., Ltd. | N/A | Rail | $ 0 |
| PUODY | ADR (Sponsored) Repstg 20 Ord Sh/Promotora y Operadora de Infraestructura SA de CV | 2.62% | Rail | $ 2,167,089,480 |
| PYOIF | Ord/Promotora y Operadora de Infraestructura SA de CV | 5.57% | Rail | $ 0 |
| PYYIF | Promotora y Operadora de Infraestructura SA de CV | N/A | Rail | $ 0 |
| QRNNF | Ord/Aurizon Holdings Ltd | N/A | Rail | $ 0 |
| RAIL | FreightCar America Inc | N/A | Rail | $ 67,142,700 |
| RUMOF | Rumo SA | N/A | Rail | $ 0 |
| SEIBF | Seibu Holdings Inc | N/A | Rail | $ 0 |
| SIHBY | ADR (Sponsored)/Shenzhen Investment Holdings Bay Area Development Co Ltd | 5.47% | Rail | $ 0 |
| SRAIF | Stadler Rail AG | N/A | Rail | $ 0 |
| SZIHF | Shenzhen International Holdings Ltd | N/A | Rail | $ 0 |
| TBURF | Tobu Railway Co Ltd | N/A | Rail | $ 0 |
| TLLGF | Talgo SA | N/A | Rail | $ 0 |
| TOKUF | Ord (New)/Tokyu Corp | 0.93% | Rail | $ 0 |
| TOKUY | ADR/Tokyu Corp | 0.85% | Rail | $ 0 |
| TRN | Trinity Industries, Inc. | 4.02% | Rail | $ 2,198,732,740 |
| UNP | Union Pacific Corp | 2.22% | Rail | $ 142,931,963,200 |
| URAL | United Rail Inc | N/A | Rail | $ 0 |
| URALD | United Rail Inc | N/A | Rail | $ 0 |
| USDP | USD Partners LP | N/A | Rail | $ 1,225,680 |
| WJRYF | Ord/West Japan Railway Co | 4.60% | Rail | $ 0 |
| WJRYY | ADR (Unsponsored)/West Japan Railway Co | 4.61% | Rail | $ 0 |
| ZHEXF | Cl H Ord/Zhejiang Expressway Co Ltd | N/A | Rail | $ 0 |
