Schedule of Investments – IQ Cleaner Transport ETF

January 31, 2023 (Unaudited)

	Shares		Value
Common Stocks — 97.0%
Belgium - 0.5%
Umicore SA		660	$	24,823
Canada - 0.2%
Ballard Power Systems, Inc.*		1,974		12,885
China - 12.8%
BYD Co., Ltd., Class H		6,623		207,007
COSCO SHIPPING Holdings Co., Ltd., Class H		77,490		80,075
Flat Glass Group Co., Ltd., Class H(a)		11,753		36,735
Li Auto, Inc.*(a)		1,833		45,642
NIO, Inc.*		4,906		59,215
NXP Semiconductors NV		845		155,742
Xinyi Solar Holdings Ltd.		14,817		19,205
XPeng, Inc.*(a)		1,706		18,152
Zhuzhou CRRC Times Electric Co., Ltd.		6,017		32,009
Total China				653,782
Denmark - 3.3%
AP Moller - Maersk A/S, Class B		33		71,374
Vestas Wind Systems A/S		3,302		95,823
Total Denmark				167,197
Finland - 0.3%
Wartsila OYJ Abp		1,398		13,240
France - 4.3%
Alstom SA		1,215		35,892
Cie Generale des Etablissements Michelin SCA		2,203		69,277
Faurecia SE*		741		14,598
Getlink SE		722		12,177
Legrand SA		828		73,487
Valeo		654		14,195
Total France				219,626
Germany - 12.8%
Bayerische Motoren Werke AG		1,159		117,351
Continental AG		354		24,729
Infineon Technologies AG		4,303		153,820
Knorr-Bremse AG		213		13,917
Mercedes-Benz Group AG		2,249		166,458
Nordex SE*		966		14,572
Siemens AG		1,062		164,818
Total Germany				655,665
Hong Kong - 0.5%
MTR Corp., Ltd.		5,155		27,555
Japan - 10.3%
Aisin Corp.		436		12,673
Central Japan Railway Co.		339		41,292
Denso Corp.		908		48,680
East Japan Railway Co.		747		41,588
Honda Motor Co., Ltd.		3,580		88,285
Koito Manufacturing Co., Ltd.		744		12,472
Panasonic Holdings Corp.		5,255		48,491
Shimano, Inc.		180		31,821
Sumitomo Electric Industries Ltd.		1,565		18,707
TDK Corp.		702		24,858
Toyota Motor Corp.		9,893		144,274
Yamaha Motor Co., Ltd.		690		16,899
Total Japan				530,040
Portugal - 0.8%
EDP - Energias de Portugal SA		8,603		42,587
Singapore - 2.0%
STMicroelectronics NV		2,160		101,130
South Korea - 1.8%
Samsung SDI Co., Ltd.		168		93,424
Spain - 3.6%
EDP Renovaveis SA		788		17,069
Iberdrola SA		13,107		152,953
Solaria Energia y Medio Ambiente SA*		674		13,751
Total Spain				183,773
Sweden - 2.7%
Thule Group AB		509		12,110
Volvo AB, B Shares		6,409		126,622
Total Sweden				138,732
Switzerland - 0.5%
Landis+Gyr Group AG*		172		12,599
Stadler Rail AG		354		13,455
Total Switzerland				26,054
Taiwan - 2.4%
Compal Electronics, Inc.		17,247		12,982
Delta Electronics, Inc.		6,320		60,832
Evergreen Marine Corp Taiwan Ltd.		5,321		26,937
Giant Manufacturing Co., Ltd.		1,555		10,617
Taiwan High Speed Rail Corp.		13,049		12,691
Total Taiwan				124,059
United States - 38.2%
Alphabet, Inc., Class A*		1,498		148,062
Apple, Inc.		986		142,270
Aptiv PLC*		888		100,424
Array Technologies, Inc.*		519		11,537
Bloom Energy Corp., Class A*		546		13,612
BorgWarner, Inc.		766		36,216
Brookfield Renewable Corp., Class A		565		17,809
CSX Corp.		4,558		140,933
Eaton Corp. PLC		879		142,583
Edison International		1,255		86,469
Enphase Energy, Inc.*		441		97,629
First Solar, Inc.*		333		59,141
FuelCell Energy, Inc.*		3,466		12,686
Intel Corp.		4,975		140,594
Itron, Inc.*		226		12,988
Lear Corp.		194		28,281
NVIDIA Corp.		897		175,247
Plug Power, Inc.*(a)		1,717		29,223

Schedule of Investments – IQ Cleaner Transport ETF (continued)

January 31, 2023 (Unaudited)

	Shares		Value
Common Stocks (continued)
United States (continued)
Schneider Electric SE		986	$	158,827
SolarEdge Technologies, Inc.*		182		58,082
Tesla, Inc.*		794		137,537
Texas Instruments, Inc.		824		146,021
Westinghouse Air Brake Technologies Corp.		573		59,483
Total United States				1,955,654
Total Common Stocks
(Cost $5,538,121)				4,970,226
Preferred Stock — 2.8%
Germany - 2.8%
Volkswagen AG, 20.32%
(Cost $203,912)		1,027		141,585
Short-Term Investments — 2.0%
Money Market Funds — 2.0%
Dreyfus Government Cash Management Fund, Institutional Shares, 4.23%(b)(c)		98,850		98,850
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.30%(b)		2,025		2,025
Total Short-Term Investments
(Cost $100,875)				100,875
Total Investments — 101.8%
(Cost $5,842,908)				5,212,686
Other Assets and Liabilities, Net — (1.8)%				(90,370	)
Net Assets — 100.0%			$	5,122,316

				% of
Industry	Value			Net Assets
Consumer Discretionary	$	1,625,697			31.8	%
Information Technology		1,503,299			29.3
Industrials		1,479,293			28.9
Utilities		330,638			6.4
Communication Services		148,062			2.9
Money Market Funds		100,875			2.0
Materials		24,822			0.5
Total Investments	$	5,212,686			101.8%
Other Assets and Liabilities, Net		(90,370	)		(1 .8)
Total Net Assets	$	5,122,316			100.0%

*	Non-income producing securities.
(a)	All or a portion of the security was on loan. In addition, "Other Assets and Liabilities, Net" may include pending sales that are also on loan. The aggregate market value of securities on loan was $126,025; total market value of collateral held by the Fund was $125,806.  Market value of the collateral held includes non-cash U.S. Treasury securities collateral having a value of $26,956.
(b)	Reflects the 1-day yield at January 31, 2023.
(c)	Represents security purchased with cash collateral received for securities on loan.

Schedule of Investments – IQ Cleaner Transport ETF (continued)

January 31, 2023 (Unaudited)

The following is a summary of the inputs used to value the Fund's investments as of January 31, 2023. For more information on the valuation techniques, and their aggregation into the levels used in the table below, please refer to the Fund's most recent semi-annual or annual financial statements.
Description	Level 1		Level 2		Level 3		Total
Asset Valuation Inputs
Investments in Securities:(d)
Common Stocks	$	4,970,226	$	–	$	–	$	4,970,226
Preferred Stock		141,585		–		–		141,585
Short-Term Investments:
Money Market Funds		100,875		–		–		100,875
Total Investments in Securities	$	5,212,686	$	–	$	–	$	5,212,686

(d) For a complete listing of investments and their countries, see the Schedule of Investments.

For the period ended January 31, 2023 the Fund did not have any transfers into or out of Level 3 within the fair value hierarchy.