Schedule of Investments ─ IQ Chaikin U.S. Small Cap ETF

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks — 99.8%
Communication Services — 2.4%
Advantage Solutions, Inc.*		89,480	$	231,753
AMC Networks, Inc., Class A*		14,049		260,047
Bandwidth, Inc., Class A*		17,623		438,460
Cogent Communications Holdings, Inc.		8,605		590,045
EchoStar Corp., Class A*		23,454		438,824
EW Scripps Co. (The), Class A*		27,460		410,527
Gray Television, Inc.		25,867		335,236
Liberty Latin America Ltd., Class C*		59,760		588,636
Liberty Media Corp.-Liberty Braves, Class C*		20,534		712,119
Scholastic Corp.		14,229		629,491
Shenandoah Telecommunications Co.		24,305		475,163
World Wrestling Entertainment, Inc., Class A		9,180		776,812
Yelp, Inc.*		16,802		529,431
Total Communication Services				6,416,544
Consumer Discretionary — 11.1%
Aaron's Co., Inc. (The)		28,432		416,529
America’s Car-Mart, Inc.*		7,087		610,474
AMMO, Inc.*(a)		118,934		294,956
Arko Corp.		62,979		528,394
Asbury Automotive Group, Inc.*		3,577		786,940
Buckle, Inc. (The)		17,347		763,268
Carter's, Inc.		6,231		519,478
Cavco Industries, Inc.*		2,371		630,923
Cheesecake Factory, Inc. (The)(a)		14,404		565,357
Cracker Barrel Old Country Store, Inc.(a)		4,808		536,477
Denny's Corp.*		40,048		481,377
Dorman Products, Inc.*		6,009		583,234
Ethan Allen Interiors, Inc.		22,398		643,718
GoPro, Inc., Class A*		66,927		411,601
Graham Holdings Co., Class B		934		610,192
Grand Canyon Education, Inc.*		5,903		688,054
H&R Block, Inc.		22,007		857,833
Haverty Furniture Cos., Inc.		21,588		753,853
Johnson Outdoors, Inc., Class A		7,345		502,839
Laureate Education, Inc.		55,464		608,995
Leslie's, Inc.*		29,603		458,550
Levi Strauss & Co., Class A		29,003		533,655
LGI Homes, Inc.*(a)		5,867		667,958
Lovesac Co. (The)*		10,562		271,866
Malibu Boats, Inc., Class A*		9,879		598,569
MDC Holdings, Inc.		15,146		571,913
Meritage Homes Corp.*		7,233		778,922
Monarch Casino & Resort, Inc.*		6,545		501,478
Murphy USA, Inc.		2,866		779,638
OneSpaWorld Holdings Ltd.*		56,185		590,504
OneWater Marine, Inc., Class A*		16,572		542,567
Oxford Industries, Inc.		6,332		742,237
Perdoceo Education Corp.*		49,921		747,317
Quotient Technology, Inc.*		89,480		362,394
Rush Street Interactive, Inc.*		78,527		336,881
Shift Technologies, Inc.*		257,739		52,321
Shoe Carnival, Inc.		19,653		536,723
Skyline Champion Corp.*		10,444		615,674
Smith & Wesson Brands, Inc.		37,731		418,059
Standard Motor Products, Inc.		13,235		535,488
Steven Madden Ltd.		14,776		529,720
Stoneridge, Inc.*		27,606		680,764
Strategic Education, Inc.		8,633		805,891
Stride, Inc.*		15,716		674,688
Sturm Ruger & Co., Inc.(a)		9,010		512,669
Taylor Morrison Home Corp.*		21,053		753,697
Travel + Leisure Co.		9,852		417,429
Tri Pointe Homes, Inc.*		28,541		630,471
Universal Electronics, Inc.*		18,273		428,136
Vista Outdoor, Inc.*(a)		15,995		469,453
Vivint Smart Home, Inc.*		84,778		1,015,640
Winmark Corp.		2,637		740,470
Total Consumer Discretionary				30,096,234
Consumer Staples — 3.7%
Andersons, Inc. (The)		11,356		417,674
BellRing Brands, Inc.*		24,830		704,179
Central Garden & Pet Co., Class A*		14,001		554,859
Coca-Cola Consolidated, Inc.		1,150		582,797
Energizer Holdings, Inc.		18,632		691,247
Fresh Del Monte Produce, Inc.		22,118		632,575
John B Sanfilippo & Son, Inc.		7,094		599,514
MGP Ingredients, Inc.		6,696		653,128
Mission Produce, Inc.*		45,304		564,488
Nu Skin Enterprises, Inc., Class A		11,969		513,231
PriceSmart, Inc.		7,266		539,936
Rite Aid Corp.*		65,246		238,148
Seaboard Corp.		136		533,188
SpartanNash Co.		17,373		550,377
Sprouts Farmers Market, Inc.*(a)		17,920		572,544
TreeHouse Foods, Inc.*		17,764		860,310
Turning Point Brands, Inc.		16,785		389,580
United Natural Foods, Inc.*		13,859		576,811
Total Consumer Staples				10,174,586
Energy — 4.8%
Archrock, Inc.		62,090		615,312
Bristow Group, Inc.*		15,398		470,255
Cactus, Inc., Class A		10,063		544,509
ChampionX Corp.		23,410		772,998
Chord Energy Corp.		4,470		640,685
Civitas Resources, Inc.(a)		9,598		638,747
Comstock Resources, Inc.(a)		43,915		533,567
Core Laboratories NV		18,049		462,054
CVR Energy, Inc.		24,982		829,402
Delek US Holdings, Inc.		27,237		728,862
DMC Global, Inc.*		18,720		425,693
Equitrans Midstream Corp.		67,642		490,405
Gevo, Inc.*		121,982		258,602
Green Plains, Inc.*(a)		18,482		642,619
HF Sinclair Corp.		14,382		818,336
Kosmos Energy Ltd.*		79,708		630,490
Matador Resources Co.		10,817		715,653
PBF Energy, Inc., Class A		23,517		987,479
Southwestern Energy Co.*		79,931		441,219
U.S. Silica Holdings, Inc.*		30,595		374,483
Vital Energy, Inc.*		7,214		406,004
World Fuel Services Corp.		21,194		599,790
Total Energy				13,027,164
Financials — 22.7%
1st Source Corp.		12,391		609,513
A-Mark Precious Metals, Inc.		15,337		590,474
Amerant Bancorp, Inc.		18,074		503,180
American Equity Investment Life Holding Co.		14,361		684,302
Ameris Bancorp		13,060		615,910
Ares Commercial Real Estate Corp.		36,928		453,476
Argo Group International Holdings Ltd.		13,831		383,949
AssetMark Financial Holdings, Inc.*		25,756		683,564
Associated Banc-Corp.		25,181		564,306

Schedule of Investments ─ IQ Chaikin U.S. Small Cap ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Financials (continued)
Atlantic Union Bankshares Corp.		15,621	$	604,376
Avantax, Inc.*		29,315		854,239
Axis Capital Holdings Ltd.		9,442		590,786
Banc of California, Inc.		29,603		515,684
Bancorp, Inc. (The)*		20,229		686,370
Bank of Hawaii Corp.		6,830		522,427
BankUnited, Inc.		13,036		490,675
Banner Corp.		9,791		634,751
Berkshire Hills Bancorp, Inc.		19,782		614,231
Brighthouse Financial, Inc.*		11,095		624,316
Cannae Holdings, Inc.*		23,869		583,358
Chimera Investment Corp.		47,414		345,648
CNO Financial Group, Inc.		22,842		588,410
Columbia Banking System, Inc.		17,759		548,931
Community Trust Bancorp, Inc.		13,911		599,286
ConnectOne Bancorp, Inc.		17,904		425,578
CrossFirst Bankshares, Inc.*		36,365		490,927
CVB Financial Corp.		24,693		598,064
Diamond Hill Investment Group, Inc.		3,124		588,655
Dime Community Bancshares, Inc.		16,579		494,386
Eagle Bancorp, Inc.		10,052		477,369
Employers Holdings, Inc.		14,710		645,328
Enova International, Inc.*		15,093		688,995
Enstar Group Ltd.*		2,186		529,668
Enterprise Financial Services Corp.		12,113		645,865
FB Financial Corp.		12,853		482,759
Federated Hermes, Inc.		16,825		661,222
First BankCorp		13,721		546,782
First Foundation, Inc.		23,503		365,002
First Interstate BancSystem, Inc., Class A		15,585		559,190
First Merchants Corp.		13,776		587,409
FirstCash Holdings, Inc.		8,147		750,990
Flushing Financial Corp.		25,545		490,209
FNB Corp.		46,033		656,891
Fulton Financial Corp.		34,595		578,774
German American Bancorp, Inc.		15,085		581,074
Great Southern Bancorp, Inc.		9,712		567,569
Hanmi Financial Corp.		23,288		542,378
HarborOne Bancorp, Inc.		40,877		557,562
Heartland Financial USA, Inc.		11,981		592,700
Heritage Commerce Corp.		50,942		617,417
Heritage Financial Corp.		22,870		652,481
Hilltop Holdings, Inc.		19,492		637,388
Home BancShares, Inc.		25,359		605,319
HomeStreet, Inc.		12,048		332,163
Hope Bancorp, Inc.		35,640		459,400
Horace Mann Educators Corp.		13,649		486,041
Houlihan Lokey, Inc.		6,529		646,828
Independent Bank Corp.		7,016		559,105
Independent Bank Group, Inc.		8,024		491,871
Kinsale Capital Group, Inc.		2,513		699,720
Lakeland Bancorp, Inc.		34,318		661,308
Merchants Bancorp		20,932		602,214
MGIC Investment Corp.		42,295		597,205
Midland States Bancorp, Inc.		19,859		506,007
Moelis & Co., Class A		12,158		568,387
National Bank Holdings Corp., Class A		14,229		600,891
NBT Bancorp, Inc.		15,862		623,535
New York Mortgage Trust, Inc.		156,408		487,993
Nicolet Bankshares, Inc.*		6,102		444,775
Northfield Bancorp, Inc.		39,910		596,655
OFG Bancorp		21,512		609,005
Old National Bancorp		34,988		612,290
Oportun Financial Corp.*		39,754		278,676
Origin Bancorp, Inc.		13,501		506,288
PacWest Bancorp		13,238		366,163
Pathward Financial, Inc.		10,396		515,850
Peapack-Gladstone Financial Corp.		16,491		611,651
PennyMac Financial Services, Inc.		10,774		726,383
Peoples Bancorp, Inc.		18,236		541,062
Piper Sandler Cos.		4,367		620,551
PJT Partners, Inc., Class A		9,079		726,592
Preferred Bank		7,735		550,191
Premier Financial Corp.		18,896		472,778
Provident Financial Services, Inc.		24,491		574,559
QCR Holdings, Inc.		10,090		530,330
Regional Management Corp.		11,755		405,430
Republic Bancorp, Inc., Class A		12,752		573,585
S&T Bancorp, Inc.		19,375		704,863
Safety Insurance Group, Inc.		6,285		530,391
Sandy Spring Bancorp, Inc.		12,710		429,598
Sculptor Capital Management, Inc.(a)		40,980		380,704
Seacoast Banking Corp. of Florida		16,364		525,448
Selectquote, Inc.*		203,236		175,230
ServisFirst Bancshares, Inc.		5,992		408,535
Simmons First National Corp., Class A		21,856		487,607
Stellar Bancorp, Inc.(a)		18,488		519,698
StepStone Group, Inc., Class A		17,270		504,111
Texas Capital Bancshares, Inc.*		10,000		660,700
Tompkins Financial Corp.		7,322		551,566
Towne Bank		19,141		583,226
TriCo Bancshares		14,316		723,674
Trustmark Corp.		18,857		549,116
UMB Financial Corp.		5,900		532,121
United Bankshares, Inc.(a)		16,431		660,526
United Community Banks, Inc.		16,468		535,869
United Fire Group, Inc.		18,376		578,660
Virtu Financial, Inc., Class A		15,337		296,157
Virtus Investment Partners, Inc.		2,388		513,133
Washington Federal, Inc.		17,461		619,167
Wintrust Financial Corp.		6,144		561,992
WSFS Financial Corp.		12,292		593,827
Total Financials				61,721,514
Health Care — 12.9%
ACADIA Pharmaceuticals, Inc.*		23,572		448,575
AdaptHealth Corp.*		35,752		766,165
Addus HomeCare Corp.*		6,143		660,495
Aligos Therapeutics, Inc.*		265,526		515,120
Allakos, Inc.*		100,543		747,035
ALX Oncology Holdings, Inc.*(a)		33,777		314,126
Amneal Pharmaceuticals, Inc.*		136,901		301,182
Amphastar Pharmaceuticals, Inc.*		15,965		483,101
Arcturus Therapeutics Holdings, Inc.*		21,175		447,428
ARS Pharmaceuticals, Inc.*		163,274		1,120,060
Atea Pharmaceuticals, Inc.*		79,067		366,080
Avanos Medical, Inc.*		17,040		522,106
Avidity Biosciences, Inc.*		31,029		735,387
Axogen, Inc.*		72,177		683,516
Bioventus, Inc., Class A*(a)		40,214		78,819
Cara Therapeutics, Inc.*		47,169		550,934
CareDx, Inc.*		15,431		230,539
Catalyst Pharmaceuticals, Inc.*		69,132		1,070,855
Certara, Inc.*		26,577		515,594
Collegium Pharmaceutical, Inc.*		28,149		790,424
Corcept Therapeutics, Inc.*		25,447		581,718
Cross Country Healthcare, Inc.*		26,447		733,904
Eagle Pharmaceuticals, Inc.*		11,534		391,464
Ensign Group, Inc. (The)		6,368		593,816
HealthStream, Inc.*		28,771		695,683
ICU Medical, Inc.*(a)		2,565		495,635

Schedule of Investments ─ IQ Chaikin U.S. Small Cap ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Health Care (continued)
IGM Biosciences, Inc.*		21,441	$	487,354
Immunovant, Inc.*(a)		104,010		1,848,258
Inhibrx, Inc.*(a)		25,723		643,075
Innoviva, Inc.*		29,504		373,226
Inogen, Inc.*		17,611		410,865
Integer Holdings Corp.*		7,087		466,395
Ironwood Pharmaceuticals, Inc.*		45,558		524,828
Karyopharm Therapeutics, Inc.*		77,462		255,625
Kronos Bio, Inc.*		78,961		189,506
MeiraGTx Holdings PLC*		41,219		344,591
Merit Medical Systems, Inc.*		8,615		614,680
ModivCare, Inc.*		4,968		532,868
Morphic Holding, Inc.*		14,217		465,322
Myriad Genetics, Inc.*		22,652		446,697
National HealthCare Corp.		8,160		485,846
Nektar Therapeutics*		105,916		288,092
NextGen Healthcare, Inc.*(a)		27,408		521,300
Olema Pharmaceuticals, Inc.*		134,012		647,278
OPKO Health, Inc.*(a)		165,957		214,085
Orthofix Medical, Inc.*		37,005		800,418
Owens & Minor, Inc.*		12,967		255,969
Passage Bio, Inc.*		184,153		268,863
Patterson Cos., Inc.		17,705		534,514
Phreesia, Inc.*		21,742		815,108
Prelude Therapeutics, Inc.*(a)		83,060		529,923
Prestige Consumer Healthcare, Inc.*		10,825		711,852
Rocket Pharmaceuticals, Inc.*		36,133		785,170
Rubius Therapeutics, Inc.*		102,907		26,807
Scilex Holding Co.*		34,109		269,122
SI-BONE, Inc.*		25,261		430,195
Silk Road Medical, Inc.*		13,881		754,571
Sorrento Therapeutics, Inc.*		245,014		234,846
Supernus Pharmaceuticals, Inc.*		17,731		727,148
Surmodics, Inc.*		12,596		354,074
Sutro Biopharma, Inc.*		69,721		504,780
uniQure NV*		31,714		673,923
Varex Imaging Corp.*		26,919		578,489
Veradigm, Inc.*		25,448		455,774
Xencor, Inc.*		21,481		707,155
Total Health Care				35,018,353
Industrials — 19.4%
AAR Corp.*		11,833		608,690
ABM Industries, Inc.		12,447		583,889
Air Transport Services Group, Inc.*		17,132		485,007
Alamo Group, Inc.		3,985		623,533
Allegiant Travel Co.*		3,517		302,568
Ameresco, Inc., Class A*(a)		7,209		464,764
API Group Corp.*		27,252		606,085
Applied Industrial Technologies, Inc.		5,584		799,685
Arcosa, Inc.		10,010		593,293
Array Technologies, Inc.*		50,851		1,130,418
Astec Industries, Inc.		13,328		588,298
AZZ, Inc.		11,881		504,705
Barnes Group, Inc.		14,259		631,103
Barrett Business Services, Inc.		7,397		735,114
Blue Bird Corp.*		30,331		439,800
BrightView Holdings, Inc.*		41,945		333,463
Brink's Co. (The)		8,428		552,877
CBIZ, Inc.*		13,655		649,841
Cimpress PLC*		8,979		293,524
Columbus McKinnon Corp.		13,463		483,995
Comfort Systems USA, Inc.		6,438		779,256
CRA International, Inc.		6,801		808,231
Deluxe Corp.		18,876		377,331
Douglas Dynamics, Inc.		16,569		669,553
Ducommun, Inc.*		10,940		632,113
Encore Wire Corp.(a)		5,024		811,024
EnPro Industries, Inc.		5,864		709,954
Evoqua Water Technologies Corp.*		12,200		591,822
Federal Signal Corp.		16,980		904,185
Forrester Research, Inc.*		10,116		374,899
Franklin Electric Co., Inc.		6,901		623,160
Genco Shipping & Trading Ltd.		24,170		438,444
GEO Group, Inc. (The)*		86,702		997,073
Global Industrial Co.		17,712		465,648
Gorman-Rupp Co. (The)		15,908		457,037
Granite Construction, Inc.		17,472		743,958
Great Lakes Dredge & Dock Corp.*		40,689		279,940
Greenbrier Cos., Inc. (The)		11,081		342,625
Heidrick & Struggles International, Inc.		14,423		443,651
Heritage-Crystal Clean, Inc.*		19,354		719,969
Hillenbrand, Inc.		12,976		608,055
HNI Corp.		15,469		491,450
Hub Group, Inc., Class A*		7,422		632,874
Huron Consulting Group, Inc.*		12,511		851,248
Hyster-Yale Materials Handling, Inc.		17,189		557,439
ICF International, Inc.		6,088		622,133
IES Holdings, Inc.*		14,257		567,571
Insteel Industries, Inc.		16,605		497,984
JetBlue Airways Corp.*		38,185		305,480
John Bean Technologies Corp.		4,838		540,550
Kadant, Inc.		2,951		601,325
Kaman Corp.		13,129		331,113
KAR Auction Services, Inc.*		31,628		460,504
Kelly Services, Inc., Class A		26,320		476,392
Kforce, Inc.		7,719		433,267
Kirby Corp.*		7,910		559,870
Korn Ferry		8,825		476,462
Marten Transport Ltd.		32,269		712,822
Matson, Inc.		4,734		313,012
Matthews International Corp., Class A		17,710		655,978
McGrath RentCorp		6,744		671,298
Moog, Inc., Class A		6,529		622,344
MSC Industrial Direct Co., Inc., Class A		6,726		556,240
Mueller Industries, Inc.		10,579		693,453
MYR Group, Inc.*		6,094		603,672
Parsons Corp.*		14,808		644,444
PGT Innovations, Inc.*		31,873		691,644
Primoris Services Corp.		24,058		639,943
Quanex Building Products Corp.		27,304		706,901
Rush Enterprises, Inc., Class A		11,257		605,739
Ryder System, Inc.		7,224		682,018
Schneider National, Inc., Class B		22,474		595,561
Shoals Technologies Group, Inc., Class A*		33,633		938,024
SP Plus Corp.*		18,276		689,188
SPX Technologies, Inc.*		11,599		870,041
Sterling Infrastructure, Inc.*		21,383		778,127
Terex Corp.		16,072		819,190
Thermon Group Holdings, Inc.*		35,377		817,916
Triton International Ltd.		8,166		576,846
TrueBlue, Inc.*		19,761		387,908
Tutor Perini Corp.*		52,861		484,735
UFP Industries, Inc.		7,427		694,796
Univar Solutions, Inc.*		17,832		614,847
VSE Corp.		12,434		682,627
Wabash National Corp.		38,618		994,800
Watts Water Technologies, Inc., Class A		4,105		671,250

Schedule of Investments ─ IQ Chaikin U.S. Small Cap ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Industrials (continued)
Werner Enterprises, Inc.		13,977	$	656,500
Total Industrials				52,666,106
Information Technology — 10.4%
A10 Networks, Inc.		41,082		635,949
ACI Worldwide, Inc.*		18,128		506,315
ACM Research, Inc., Class A*		27,593		344,637
Adeia, Inc.		32,962		360,934
Advanced Energy Industries, Inc.		6,657		617,370
Alarm.com Holdings, Inc.*		8,588		460,317
Appfolio, Inc., Class A*		5,062		568,614
Avaya Holdings Corp.*(a)		44,751		15,981
Avnet, Inc.		14,119		647,780
Belden, Inc.		10,344		838,795
Benchmark Electronics, Inc.		22,888		640,635
Box, Inc., Class A*		19,722		630,907
Cambium Networks Corp.*		24,243		519,527
Cass Information Systems, Inc.		15,526		753,943
Cirrus Logic, Inc.*		6,759		610,946
CSG Systems International, Inc.		8,982		535,956
Diodes, Inc.*		6,563		585,354
Domo, Inc., Class B*		11,290		175,108
DZS, Inc.*		41,321		524,777
Envestnet, Inc.*		7,698		500,370
ePlus, Inc.*		10,222		508,851
ExlService Holdings, Inc.*		4,002		682,741
FormFactor, Inc.*		13,581		382,169
Grid Dynamics Holdings, Inc.*		40,704		509,614
Hackett Group, Inc. (The)		24,759		547,174
Insight Enterprises, Inc.*		5,340		601,925
InterDigital, Inc.		8,949		625,982
International Money Express, Inc.*		27,806		632,865
Itron, Inc.*(a)		10,878		625,159
Knowles Corp.*		26,516		509,903
LiveRamp Holdings, Inc.*		15,271		408,652
NETGEAR, Inc.*		23,131		461,926
NetScout Systems, Inc.*		17,865		573,466
Onto Innovation, Inc.*		6,571		516,809
PC Connection, Inc.		11,006		539,624
Photronics, Inc.*		33,770		611,912
Plexus Corp.*		7,006		672,506
Progress Software Corp.		12,171		645,550
Rackspace Technology, Inc.*(a)		51,151		153,453
Rambus, Inc.*		17,972		727,327
Ribbon Communications, Inc.*		185,468		650,993
Sanmina Corp.*		14,178		863,865
ScanSource, Inc.*		16,410		540,381
Semtech Corp.*		8,232		271,903
SMART Global Holdings, Inc.*(a)		22,102		379,933
Super Micro Computer, Inc.*		15,053		1,088,783
TTM Technologies, Inc.*		38,671		607,908
Unisys Corp.*		26,242		141,969
Upland Software, Inc.*		32,419		283,018
Veeco Instruments, Inc.*(a)		20,996		416,981
Viasat, Inc.*		11,697		402,962
Vishay Intertechnology, Inc.		29,240		669,304
Xerox Holdings Corp.		28,303		463,603
Xperi, Inc.*		13,186		136,475
Total Information Technology				28,329,901
Materials — 4.7%
Avient Corp.		11,892		481,864
Cabot Corp.		8,377		631,039
Chase Corp.		6,594		622,342
Commercial Metals Co.		13,771		747,352
Gatos Silver, Inc.*		132,661		684,531
Greif, Inc., Class A		8,808		629,155
Hawkins, Inc.		12,439		485,121
Ingevity Corp.*		8,945		737,426
Innospec, Inc.		6,194		700,046
Kronos Worldwide, Inc.		36,782		428,510
Materion Corp.		6,685		603,321
Mativ Holdings, Inc.		20,757		572,063
Minerals Technologies, Inc.		8,663		601,645
Myers Industries, Inc.		26,531		638,867
Orion Engineered Carbons SA		35,886		754,324
Silgan Holdings, Inc.		12,396		668,020
Stepan Co.		5,800		637,072
Summit Materials, Inc., Class A*		18,766		616,651
SunCoke Energy, Inc.		64,320		585,955
Trinseo PLC(a)		11,914		330,614
Worthington Industries, Inc.		11,147		633,930
Total Materials				12,789,848
Real Estate — 4.6%
Alexander & Baldwin, Inc.		24,620		492,892
Chatham Lodging Trust		41,559		590,553
Corporate Office Properties Trust		20,080		563,646
DiamondRock Hospitality Co.		56,956		548,486
Diversified Healthcare Trust		178,398		141,184
EPR Properties		10,433		443,194
Essential Properties Realty Trust, Inc.		22,651		577,148
Forestar Group, Inc.*		32,147		478,347
Franklin Street Properties Corp.		96,758		298,015
Hudson Pacific Properties, Inc.		20,573		234,327
Independence Realty Trust, Inc.		21,591		406,559
iStar, Inc.		31,243		289,935
JBG SMITH Properties		19,536		393,455
Marcus & Millichap, Inc.		10,838		392,769
Necessity Retail REIT, Inc. (The)		72,453		494,854
Office Properties Income Trust		22,187		380,729
Outfront Media, Inc.		20,080		399,592
Paramount Group, Inc.		52,327		337,509
Piedmont Office Realty Trust, Inc., Class A		33,149		351,379
PotlatchDeltic Corp.		11,108		543,737
Rafael Holdings, Inc., Class B*		227,441		468,529
Retail Opportunity Investments Corp.		29,442		466,067
RLJ Lodging Trust		40,704		511,649
Service Properties Trust		64,654		576,067
St Joe Co. (The)		9,634		453,761
Sunstone Hotel Investors, Inc.		48,467		532,652
Uniti Group, Inc.		41,488		273,406
Urstadt Biddle Properties, Inc., Class A		30,467		572,170
Xenia Hotels & Resorts, Inc.		29,595		440,966
Total Real Estate				12,653,577
Utilities — 3.1%
ALLETE, Inc.		8,557		529,336
Avista Corp.		12,693		506,451
Black Hills Corp.		7,440		538,507
California Water Service Group		9,669		591,453
Hawaiian Electric Industries, Inc.		13,544		572,505
Montauk Renewables, Inc.*		51,169		568,488
Northwest Natural Holding Co.		11,040		553,546
NorthWestern Corp.		9,474		538,123
ONE Gas, Inc.		6,494		534,846
Otter Tail Corp.		9,169		588,191
Portland General Electric Co.(a)		10,391		494,404

Schedule of Investments ─ IQ Chaikin U.S. Small Cap ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Utilities (continued)
SJW Group		8,238	$	637,703
Southwest Gas Holdings, Inc.		7,321		489,994
Spire, Inc.		7,986		576,749
Unitil Corp.		11,489		599,381
Total Utilities				8,319,677
Total Common Stocks
(Cost $268,837,367)				271,213,504
Short-Term Investments — 0.3%
Money Market Funds — 0.3%
Dreyfus Government Cash Management Fund, Institutional Shares, 4.23%(b)(c)		334,658		334,658
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.30%(b)		476,694		476,694
Total Short-Term Investments
(Cost $811,352)				811,352
Total Investments — 100.1%
(Cost $269,648,719)				272,024,856
Other Assets and Liabilities, Net — (0.1)%				(339,030	)
Net Assets — 100.0%			$	271,685,826

*	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 $9,828,405; total market value of collateral held by the Fund was $9,785,883.  Market value of the collateral held includes non-cash U.S. Treasury securities collateral having a value of $9,451,225.
(b)	Reflects the 1-day yield at January 31, 2023.
(c)	Represents security purchased with cash collateral received for securities on loan.

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	$	271,213,504	$	–	$	–	$	271,213,504
Short-Term Investments:
Money Market Funds		811,352		–		–		811,352
Total Investments in Securities	$	272,024,856	$	–	$	–	$	272,024,856

(d) For a complete listing of investments and their industries, 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.