Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks — 99.4%
Australia - 8.4%
Allkem Ltd.*		11,059	$	101,150
ALS Ltd.		9,315		85,658
ANZ Group Holdings Ltd.		50,567		894,011
APA Group		24,332		181,058
Aristocrat Leisure Ltd.		13,331		319,011
ASX Ltd.		3,886		188,859
Aurizon Holdings Ltd.		47,258		122,879
BHP Group Ltd.		83,559		2,907,496
BlueScope Steel Ltd.		9,517		128,490
Brambles Ltd.		27,962		236,245
carsales.com Ltd.		6,393		102,215
Charter Hall Group		13,335		129,390
Cochlear Ltd.		1,300		194,614
Coles Group Ltd.		23,614		295,520
Commonwealth Bank of Australia		28,341		2,197,958
Dexus		29,049		166,826
Domino's Pizza Enterprises Ltd.		1,286		68,598
Endeavour Group Ltd.		24,932		116,478
Evolution Mining Ltd.		36,609		82,549
Flutter Entertainment PLC*		2,911		449,759
Fortescue Metals Group Ltd.		27,821		435,996
Glencore PLC		224,836		1,498,021
Goodman Group		34,987		492,334
GPT Group (The)		51,986		166,676
IDP Education Ltd.		4,226		92,909
IGO Ltd.		12,026		123,468
Incitec Pivot Ltd.		44,212		107,170
Insurance Australia Group Ltd.		47,740		164,836
Lendlease Corp., Ltd.		14,145		85,619
Lottery Corp Ltd. (The)*		50,315		166,636
Lynas Rare Earths Ltd.*		16,843		111,445
Macquarie Group Ltd.		6,004		792,585
Medibank Pvt Ltd.		54,954		113,847
Mineral Resources Ltd.		3,107		194,721
Mirvac Group		97,873		156,554
National Australia Bank Ltd.		54,559		1,222,170
Newcrest Mining Ltd.		16,414		258,041
Northern Star Resources Ltd.		21,948		194,095
Origin Energy Ltd.		36,775		193,574
OZ Minerals Ltd.		6,891		135,573
Pilbara Minerals Ltd.*		40,732		136,334
QBE Insurance Group Ltd.		28,076		271,830
Ramsay Health Care Ltd.		3,854		180,922
Region RE Ltd.		60,612		115,318
Rio Tinto Ltd.		6,257		558,357
Rio Tinto PLC		18,195		1,415,450
Santos Ltd.		55,353		277,323
Scentre Group		118,537		254,758
SEEK Ltd.		8,879		151,472
Sonic Healthcare Ltd.		9,857		219,347
South32 Ltd.		83,144		265,988
Stockland		57,627		159,585
Suncorp Group Ltd.		24,918		220,008
Telstra Group Ltd.		82,613		237,511
Transurban Group		51,499		501,149
Treasury Wine Estates Ltd.		15,255		156,082
Vicinity Centres		106,443		154,511
Wesfarmers Ltd.		20,262		708,886
Westpac Banking Corp.		58,314		974,681
Whitehaven Coal Ltd.		14,068		83,270
WiseTech Global Ltd.		3,295		140,564
Woodside Energy Group Ltd.		33,090		845,472
Woolworths Group Ltd.		21,501		546,638
Total Australia				24,250,490
Austria - 0.3%
Erste Group Bank AG		7,115		268,521
Mondi PLC		9,246		173,360
OMV AG		3,611		179,811
Verbund AG		1,158		98,159
Total Austria				719,851
Belgium - 0.8%
Ageas SA		4,115		200,036
Anheuser-Busch InBev SA		14,572		871,848
Elia Group SA		532		74,418
Groupe Bruxelles Lambert SA		2,256		192,139
KBC Group NV		5,093		375,350
Solvay SA		1,550		179,532
UCB SA		2,407		197,052
Umicore SA		4,190		157,585
Warehouses De Pauw CVA		3,798		119,867
Total Belgium				2,367,827
Brazil - 0.0%(a)
Yara International ASA		2,839		125,631
Burkina Faso - 0.0%(a)
Endeavour Mining PLC		3,151		74,054
Chile - 0.0%(a)
Antofagasta PLC		6,436		137,273
China - 0.7%
BOC Hong Kong Holdings Ltd.		68,158		237,815
Budweiser Brewing Co APAC Ltd.		32,263		101,664
ESR Group Ltd.		37,444		74,902
Lenovo Group Ltd.		152,287		121,813
Prosus NV*		13,463		1,079,356
SITC International Holdings Co., Ltd.		24,326		53,006
Want Want China Holdings Ltd.		101,087		65,770
Wilmar International Ltd.		31,637		97,967
Xinyi Glass Holdings Ltd.		42,533		90,399
Total China				1,922,692
Denmark - 2.5%
AP Moller - Maersk A/S, Class B		142		307,123
Carlsberg A/S, Class B		1,860		262,743
Chr Hansen Holding A/S		2,090		153,658
Coloplast A/S, Class B		2,393		287,378
Danske Bank A/S		11,905		246,971
DSV A/S		3,325		546,578
Genmab A/S*		1,176		458,739
Novo Nordisk A/S, Class B		26,110		3,594,518
Novozymes A/S, Class B		3,700		191,703
Orsted A/S		3,345		295,443
Pandora A/S		1,850		152,866
SimCorp A/S		1,278		88,996
Vestas Wind Systems A/S		16,770		486,662
Total Denmark				7,073,378
Finland - 1.2%
Elisa OYJ		3,062		174,188
Fortum OYJ		8,860		132,933
Kesko OYJ, Class B		5,482		127,231

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Finland (continued)
Kone OYJ, Class B		6,784	$	368,682
Metso Outotec OYJ		12,877		147,053
Neste OYJ		7,207		343,064
Nokia OYJ		92,001		434,791
Nordea Bank Abp		63,160		736,159
Orion OYJ, Class B		1,760		94,024
Sampo OYJ, Class A		8,366		437,667
Stora Enso OYJ, Class R		11,361		161,574
UPM-Kymmene OYJ		9,448		341,177
Wartsila OYJ Abp		9,507		90,034
Total Finland				3,588,577
France - 9.7%
Accor SA*		4,922		159,136
Air Liquide SA		8,342		1,323,276
Airbus SE		9,781		1,219,903
Alstom SA(b)		5,609		165,693
Arkema SA		1,326		133,584
AXA SA		31,186		969,175
BioMerieux		778		78,884
BNP Paribas SA		17,949		1,226,139
Bouygues SA		4,321		141,911
Bureau Veritas SA		6,793		193,586
Capgemini SE		2,741		517,675
Carrefour SA		9,946		188,708
Cie de Saint-Gobain		8,295		473,410
Cie Generale des Etablissements Michelin SCA		12,376		389,182
Credit Agricole SA		19,648		235,493
Danone SA		9,781		534,425
Dassault Systemes SE		11,578		428,279
Edenred		4,918		267,006
Eiffage SA		1,362		144,902
Engie SA		29,248		413,577
EssilorLuxottica SA		4,990		909,913
Gecina SA		1,284		151,441
Getlink SE		9,772		164,818
Hermes International		523		973,841
Kering SA		1,186		734,834
Klepierre SA*		4,554		115,041
Legrand SA		4,736		420,328
L'Oreal SA		3,919		1,609,064
LVMH Moet Hennessy Louis Vuitton SE		4,107		3,568,318
Orange SA		33,304		351,642
Pernod Ricard SA		3,606		743,703
Publicis Groupe SA		4,177		293,688
Renault SA*		3,258		131,768
Rexel SA*		6,203		136,487
Safran SA		5,974		855,125
Sanofi		18,376		1,789,563
Sartorius Stedim Biotech		433		149,965
Societe Generale SA		12,604		373,423
Sodexo SA		1,786		176,550
Teleperformance		1,041		288,297
Thales SA		2,021		266,461
TotalEnergies SE		39,017		2,414,489
Ubisoft Entertainment SA*		1,957		40,234
Unibail-Rodamco-Westfield*		2,119		136,170
Valeo		4,458		96,759
Veolia Environnement SA		10,992		324,470
Vinci SA		8,539		961,132
Vivendi SE		13,009		139,278
Worldline SA*		4,356		196,518
Total France				27,717,264
Germany - 7.2%
adidas AG		3,117		498,912
Allianz SE		6,605		1,572,397
Aroundtown SA(b)		23,606		65,349
BASF SE		15,565		885,787
Bayer AG		16,169		1,000,937
Bayerische Motoren Werke AG		6,036		611,158
Bechtle AG		1,834		76,824
Beiersdorf AG		1,981		240,103
Brenntag SE		2,922		216,936
Carl Zeiss Meditec AG		694		99,453
Commerzbank AG*		19,624		223,036
Continental AG		1,835		128,183
Covestro AG		3,479		159,145
CTS Eventim AG & Co. KGaA*		1,209		84,428
Daimler Truck Holding AG*		7,190		240,273
Deutsche Bank AG		33,629		445,869
Deutsche Boerse AG		3,014		537,647
Deutsche Post AG		15,869		678,694
Deutsche Telekom AG		57,057		1,267,217
E.ON SE		38,419		416,664
Evotec SE*		2,996		58,536
Fresenius Medical Care AG & Co. KGaA		3,751		140,097
Fresenius SE & Co. KGaA		7,520		216,673
GEA Group AG		3,730		167,507
Hannover Rueck SE		1,037		209,704
HeidelbergCement AG		2,641		180,126
HelloFresh SE*		3,199		77,059
Henkel AG & Co. KGaA		1,579		105,122
Infineon Technologies AG		20,845		745,152
KION Group AG		1,562		62,547
Knorr-Bremse AG		1,362		88,989
LANXESS AG		2,181		108,059
LEG Immobilien SE		1,348		104,793
Mercedes-Benz Group AG		13,821		1,022,949
Merck KGaA		2,212		458,967
MTU Aero Engines AG		1,051		261,161
Muenchener Rueckversicherungs-Gesellschaft AG		2,310		830,403
Puma SE		2,021		136,874
Rheinmetall AG		850		197,552
RWE AG		10,917		483,740
SAP SE		18,843		2,217,931
Scout24 SE		1,860		107,830
Siemens AG		12,469		1,935,141
Siemens Energy AG(b)		7,367		152,977
Siemens Healthineers AG		4,375		233,154
Symrise AG		2,455		259,906
thyssenkrupp AG*		8,225		64,155
United Internet AG		2,238		51,747
Vonovia SE		13,152		369,519
Zalando SE*		4,168		192,790
Total Germany				20,690,172
Hong Kong - 2.6%
AIA Group Ltd.		198,398		2,241,249
ASMPT Ltd.		7,646		62,964
CK Asset Holdings Ltd.		39,141		250,169
CLP Holdings Ltd.		30,946		229,769
Hang Lung Properties Ltd.		44,790		84,340
Hang Seng Bank Ltd.		13,789		229,390

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Hong Kong (continued)
Henderson Land Development Co., Ltd.		35,382	$	130,676
Hong Kong & China Gas Co., Ltd.		212,070		212,650
Hong Kong Exchanges & Clearing Ltd.		21,039		945,856
Hongkong Land Holdings Ltd.		26,001		126,625
Jardine Matheson Holdings Ltd.		3,051		161,764
Link REIT		40,430		323,397
MTR Corp., Ltd.		32,983		176,307
New World Development Co., Ltd.		34,040		101,618
Power Assets Holdings Ltd.		28,125		158,950
Prudential PLC		43,612		719,189
Sino Land Co., Ltd.		93,830		121,858
Sun Hung Kai Properties Ltd.		26,867		380,800
Swire Pacific Ltd., Class A		14,558		133,349
Techtronic Industries Co., Ltd.		23,589		302,741
WH Group Ltd.		165,505		101,771
Wharf Real Estate Investment Co., Ltd.		31,681		181,068
Total Hong Kong				7,376,500
Ireland - 0.5%
Bank of Ireland Group PLC		15,108		160,569
CRH PLC		12,793		591,157
Kerry Group PLC, Class A		2,770		258,538
Kingspan Group PLC		2,613		166,865
Smurfit Kappa Group PLC		4,771		199,232
Total Ireland				1,376,361
Israel - 0.6%
Bank Hapoalim BM		30,258		270,579
Bank Leumi Le-Israel BM		35,621		312,661
Big Shopping Centers Ltd.*		936		93,452
Elbit Systems Ltd.		724		120,958
Enlight Renewable Energy Ltd.*		3,061		63,172
ICL Group Ltd.		16,835		132,519
Israel Discount Bank Ltd., Class A		33,760		171,367
Mizrahi Tefahot Bank Ltd.		2,953		96,911
Nice Ltd.*		1,359		279,630
Teva Pharmaceutical Industries Ltd.*		17,598		186,143
Tower Semiconductor Ltd.*		2,925		122,741
Total Israel				1,850,133
Italy - 2.0%
Assicurazioni Generali SpA		22,000		427,686
Coca-Cola HBC AG*		4,439		107,193
Davide Campari-Milano NV		12,898		137,669
Enel SpA		132,761		777,300
Eni SpA		44,706		686,343
Ferrari NV		2,130		529,510
FinecoBank Banca Fineco SpA		11,282		201,558
Intesa Sanpaolo SpA		291,489		762,936
Mediobanca Banca di Credito Finanziario SpA		17,408		186,337
Moncler SpA		4,277		265,696
Nexi SpA*		16,163		141,484
Prysmian SpA		5,686		230,955
Recordati Industria Chimica e Farmaceutica SpA		2,362		102,943
Snam SpA		45,243		229,662
Telecom Italia SpA*(b)		361,945		103,736
Terna - Rete Elettrica Nazionale		31,739		249,977
UniCredit SpA		34,486		669,817
Total Italy				5,810,802
Japan - 22.3%
Advantest Corp.(b)		3,731		263,949
Aeon Co., Ltd.		13,072		267,129
AGC, Inc.		4,722		173,020
Aisin Corp.		4,087		118,796
Ajinomoto Co., Inc.		10,182		334,559
Aozora Bank Ltd.		5,342		106,557
Asahi Group Holdings Ltd.		9,482		312,214
Asahi Intecc Co., Ltd.		4,486		78,029
Asahi Kasei Corp.		25,828		195,113
Astellas Pharma, Inc.		33,494		492,578
Bandai Namco Holdings, Inc.		4,002		266,379
Bank of Kyoto Ltd. (The)		2,086		96,564
BayCurrent Consulting, Inc.		3,010		126,608
Bridgestone Corp.		10,466		389,120
Brother Industries Ltd.		6,218		96,107
Canon, Inc.		17,682		393,356
Capcom Co., Ltd.		4,327		139,747
Central Japan Railway Co.		3,370		410,479
Chubu Electric Power Co., Inc.		13,626		146,481
Chugai Pharmaceutical Co., Ltd.		11,732		302,942
Concordia Financial Group Ltd.		31,941		140,001
CyberAgent, Inc.		10,830		100,434
Dai Nippon Printing Co., Ltd.		6,826		160,618
Daifuku Co., Ltd.		2,185		119,125
Dai-ichi Life Holdings, Inc.		17,953		419,817
Daiichi Sankyo Co., Ltd.		31,256		976,773
Daikin Industries Ltd.		4,594		793,780
Daito Trust Construction Co., Ltd.		1,545		152,308
Daiwa House Industry Co., Ltd.		12,927		309,246
Daiwa Securities Group, Inc.		33,938		159,714
Denso Corp.		8,141		436,457
Dentsu Group, Inc.		4,862		155,717
Disco Corp.		593		176,470
East Japan Railway Co.		6,819		379,634
Eisai Co., Ltd.		4,847		298,621
ENEOS Holdings, Inc.		59,862		213,219
FANUC Corp.		3,410		600,608
Fast Retailing Co., Ltd.		878		529,453
Food & Life Cos. Ltd.		3,491		77,044
Fuji Electric Co., Ltd.		3,080		123,631
FUJIFILM Holdings Corp.		6,540		343,784
Fujitsu Ltd.		3,438		489,349
GLP J-Reit		118		133,112
Hamamatsu Photonics K.K.		3,255		172,706
Hankyu Hanshin Holdings, Inc.		5,752		170,510
Hirose Electric Co., Ltd.		950		122,946
Hitachi Ltd.		16,194		844,536
Honda Motor Co., Ltd.		29,524		728,082
Hoya Corp.		6,260		683,548
Ibiden Co., Ltd.		2,802		107,947
Idemitsu Kosan Co., Ltd.		5,860		145,323
Inpex Corp.		19,863		216,890
Isuzu Motors Ltd.		12,420		156,151
Ito En Ltd.		1,712		60,755
ITOCHU Corp.		23,688		761,943
J Front Retailing Co., Ltd.		8,031		74,601
Japan Airport Terminal Co., Ltd.*		1,622		84,190
Japan Exchange Group, Inc.		10,272		156,317
Japan Metropolitan Fund Invest		184		141,914
Japan Tobacco, Inc.		20,986		428,450
JFE Holdings, Inc.		11,260		147,801
JGC Holdings Corp.		6,540		85,041
JSR Corp.		3,856		85,989
Kajima Corp.		11,668		143,018
Kakaku.com, Inc.		3,823		63,205
Kansai Electric Power Co., Inc. (The)		14,895		142,943

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Japan (continued)
Kansai Paint Co., Ltd.		5,350	$	74,792
Kao Corp.		8,357		337,763
Kawasaki Kisen Kaisha Ltd.		4,985		103,269
KDDI Corp.		28,531		890,517
Keio Corp.		3,095		113,166
Keisei Electric Railway Co., Ltd.		3,909		113,622
Keyence Corp.		3,299		1,503,823
Kikkoman Corp.		3,692		194,189
Kintetsu Group Holdings Co., Ltd.		4,578		148,734
Kirin Holdings Co., Ltd.		14,768		227,008
Kobayashi Pharmaceutical Co., Ltd.		1,583		113,328
Kobe Bussan Co., Ltd.		3,260		93,505
Koito Manufacturing Co., Ltd.		5,353		89,735
Komatsu Ltd.		17,151		416,098
Konami Group Corp.		2,224		108,938
Kubota Corp.		20,710		308,631
Kuraray Co., Ltd.		11,566		95,253
Kurita Water Industries Ltd.		3,594		161,398
Kyocera Corp.		5,751		296,560
Kyowa Kirin Co., Ltd.		5,791		128,694
Lasertec Corp.		1,417		278,181
Lixil Corp.		6,563		112,542
M3, Inc.		7,895		212,909
Makita Corp.		5,579		147,578
Marubeni Corp.		29,404		358,718
Marui Group Co., Ltd.		6,340		107,548
MatsukiyoCocokara & Co.		2,893		143,933
MEIJI Holdings Co., Ltd.		2,963		152,656
MINEBEA MITSUMI, Inc.		8,176		141,019
MISUMI Group, Inc.		6,238		155,177
Mitsubishi Chemical Group Corp.		29,564		165,069
Mitsubishi Corp.		20,822		694,253
Mitsubishi Electric Corp.		37,110		406,927
Mitsubishi Estate Co., Ltd.		22,283		286,409
Mitsubishi Heavy Industries Ltd.		5,930		231,646
Mitsubishi UFJ Financial Group, Inc.		206,615		1,513,646
Mitsui & Co., Ltd.		26,941		791,377
Mitsui Fudosan Co., Ltd.		16,985		317,510
Mitsui OSK Lines Ltd.		5,951		146,664
Mizuho Financial Group, Inc.		43,706		681,410
MonotaRO Co., Ltd.		5,789		86,983
MS&AD Insurance Group Holdings, Inc.		8,844		282,842
Murata Manufacturing Co., Ltd.		10,251		582,844
NEC Corp.		5,145		184,958
Nexon Co., Ltd.		8,190		196,807
NGK Insulators Ltd.		7,184		98,939
NH Foods Ltd.		3,013		90,359
Nidec Corp.		7,756		427,625
Nihon M&A Center Holdings, Inc.		5,157		52,068
Nintendo Co., Ltd.		18,155		785,281
Nippon Building Fund, Inc.		38		165,681
Nippon Express Holdings, Inc.		2,013		116,249
Nippon Paint Holdings Co., Ltd.		19,427		175,828
Nippon Prologis REIT, Inc.		58		131,258
Nippon Steel Corp.		15,324		317,568
Nippon Telegraph & Telephone Corp.		21,139		632,650
Nippon Yusen K.K.		9,009		213,024
Nissan Chemical Corp.		3,051		143,113
Nissan Motor Co., Ltd.		36,185		128,913
Nisshin Seifun Group, Inc.		8,594		107,388
Nissin Foods Holdings Co., Ltd.		1,890		147,660
Nitori Holdings Co., Ltd.		1,642		215,911
Nitto Denko Corp.		3,303		212,335
Nomura Holdings, Inc.		62,044		246,993
Nomura Real Estate Master Fund, Inc.		131		153,016
Nomura Research Institute Ltd.		9,412		224,362
NSK Ltd.		14,966		83,781
NTT Data Corp.		13,941		214,724
Obayashi Corp.		19,146		148,109
Obic Co., Ltd.		1,424		227,214
Odakyu Electric Railway Co., Ltd.		8,196		107,267
Oji Holdings Corp.		25,701		105,931
Olympus Corp.		22,936		428,314
Omron Corp.		3,804		218,216
Ono Pharmaceutical Co., Ltd.		9,256		200,964
Oriental Land Co., Ltd.		3,443		571,340
ORIX Corp.		22,703		397,165
Orix JREIT, Inc.		93		127,795
Osaka Gas Co., Ltd.		8,809		141,911
Otsuka Corp.		2,448		80,097
Otsuka Holdings Co., Ltd.		8,464		270,624
Pan Pacific International Holdings Corp.		8,897		163,785
Panasonic Holdings Corp.		37,130		342,620
Rakuten Group, Inc.		19,452		98,273
Recruit Holdings Co., Ltd.		23,371		744,738
Renesas Electronics Corp.*		21,966		224,567
Resona Holdings, Inc.		48,205		266,222
Resonac Holdings Corp.		5,055		85,711
Ricoh Co., Ltd.		12,673		97,938
Rohm Co., Ltd.		1,823		144,808
Ryohin Keikaku Co., Ltd.		8,553		94,314
Santen Pharmaceutical Co., Ltd.		10,869		84,415
SBI Holdings, Inc.		5,514		116,305
Secom Co., Ltd.		4,085		242,534
Sekisui Chemical Co., Ltd.		10,445		145,617
Sekisui House Ltd.(b)		14,455		272,438
Seven & i Holdings Co., Ltd.		13,424		632,465
SG Holdings Co., Ltd.		8,585		131,899
Shimadzu Corp.		5,660		172,788
Shimano, Inc.		1,490		263,410
Shimizu Corp.		17,858		99,833
Shin-Etsu Chemical Co., Ltd.		6,565		962,954
Shionogi & Co., Ltd.		5,313		252,607
Shiseido Co., Ltd.		7,009		361,809
Shizuoka Financial Group, Inc.		16,350		138,173
SMC Corp.		1,046		525,634
SoftBank Corp.		47,527		543,265
SoftBank Group Corp.		18,025		851,594
Sompo Holdings, Inc.		6,475		278,080
Sony Group Corp.		20,665		1,840,138
Stanley Electric Co., Ltd.		4,312		92,112
Subaru Corp.		11,310		185,376
SUMCO Corp.		7,997		117,454
Sumitomo Chemical Co., Ltd.		38,671		147,791
Sumitomo Corp.		23,365		417,370
Sumitomo Electric Industries Ltd.		16,498		197,210
Sumitomo Metal Mining Co., Ltd.		4,918		198,467
Sumitomo Mitsui Financial Group, Inc.		23,108		1,004,317
Sumitomo Mitsui Trust Holdings, Inc.		7,277		264,959
Sumitomo Realty & Development Co., Ltd.		8,343		202,472
Suntory Beverage & Food Ltd.		3,108		104,679
Suzuki Motor Corp.		7,811		290,649
Sysmex Corp.		3,581		235,741
T&D Holdings, Inc.		12,142		193,925
Taisei Corp.		4,702		161,982
Takeda Pharmaceutical Co., Ltd.		26,916		846,526
TDK Corp.		7,086		250,921
Teijin Ltd.		10,860		111,151
Terumo Corp.		12,579		363,988
TIS, Inc.		5,736		164,522
Tobu Railway Co., Ltd.		5,714		133,793
Toho Co., Ltd.		3,460		127,311

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Japan (continued)
Tokio Marine Holdings, Inc.		32,445	$	677,117
Tokyo Electric Power Co., Holdings, Inc.*		29,169		108,785
Tokyo Electron Ltd.		2,529		878,426
Tokyo Gas Co., Ltd.		9,710		203,018
Tokyu Corp.		12,400		159,046
Tokyu Fudosan Holdings Corp.		16,855		85,153
TOPPAN, Inc.		7,070		113,461
Toray Industries, Inc.		31,457		192,499
Toshiba Corp.		8,155		279,620
Tosoh Corp.		6,903		89,973
TOTO Ltd.		3,787		146,186
Toyo Suisan Kaisha Ltd.		3,029		125,078
Toyota Industries Corp.		3,405		206,062
Toyota Motor Corp.		203,030		2,960,870
Toyota Tsusho Corp.		4,337		182,091
Trend Micro, Inc.		2,903		142,644
Unicharm Corp.		7,740		294,613
USS Co., Ltd.		7,011		114,887
West Japan Railway Co.		5,047		210,930
Yakult Honsha Co., Ltd.		3,196		227,575
Yamaha Corp.		3,725		143,793
Yamaha Motor Co., Ltd.		7,579		185,621
Yamato Holdings Co., Ltd.		7,204		125,417
Yaskawa Electric Corp.		5,519		213,469
Yokogawa Electric Corp.		6,174		107,770
Z Holdings Corp.		51,269		146,460
Zenkoku Hosho Co., Ltd.		2,442		94,829
Total Japan				64,138,793
Jordan - 0.0%(a)
Hikma Pharmaceuticals PLC		3,937		82,808
Luxembourg - 0.1%
ArcelorMittal SA		9,012		277,572
Eurofins Scientific SE(b)		2,111		150,719
Total Luxembourg				428,291
Macau - 0.2%
Galaxy Entertainment Group Ltd.		40,722		282,613
Sands China Ltd.*		47,316		176,864
Total Macau				459,477
Netherlands - 4.9%
Adyen NV*		496		742,085
Aegon NV		34,660		189,567
Akzo Nobel NV		3,294		243,767
Argenx SE*		993		374,221
ASM International NV		815		272,797
ASML Holding NV		6,486		4,244,777
ASR Nederland NV		3,177		149,677
BE Semiconductor Industries NV		1,314		93,159
Euronext NV		1,576		127,173
Heineken Holding NV		2,009		165,058
Heineken NV		3,998		397,468
IMCD NV		913		143,826
ING Groep NV		63,178		909,277
Koninklijke Ahold Delhaize NV		17,263		513,426
Koninklijke DSM NV		2,974		380,160
Koninklijke KPN NV		60,564		206,601
Koninklijke Philips NV		15,022		258,032
NN Group NV		5,332		230,590
OCI NV		1,442		48,924
Randstad NV		2,368		150,911
Shell PLC		118,425		3,461,133
Universal Music Group NV		13,350		340,285
Wolters Kluwer NV		4,476		486,844
Total Netherlands				14,129,758
New Zealand - 0.4%
Auckland International Airport Ltd.*		34,150		187,590
Contact Energy Ltd.		23,331		117,002
Fisher & Paykel Healthcare Corp., Ltd.		14,515		236,947
Mainfreight Ltd.		2,612		120,608
Meridian Energy Ltd.		30,428		104,810
Spark New Zealand Ltd.		57,876		194,679
Xero Ltd.*		2,612		141,354
Total New Zealand				1,102,990
Norway - 0.7%
Aker BP ASA		5,915		179,554
DNB Bank ASA		19,364		360,497
Equinor ASA		16,326		495,750
Mowi ASA		9,023		166,264
Norsk Hydro ASA		26,795		215,524
Orkla ASA		20,189		150,423
Schibsted ASA, Class A		4,057		88,141
Telenor ASA		15,284		159,676
TOMRA Systems ASA		5,124		89,847
Total Norway				1,905,676
Poland - 0.2%
Dino Polska SA*		1,180		106,329
KGHM Polska Miedz SA		3,181		103,082
LPP SA		27		62,954
Polski Koncern Naftowy ORLEN SA		12,763		190,903
Powszechna Kasa Oszczednosci Bank Polski SA		18,322		135,759
Powszechny Zaklad Ubezpieczen SA		13,915		117,724
Total Poland				716,751
Portugal - 0.2%
EDP - Energias de Portugal SA		60,590		299,933
Galp Energia SGPS SA		11,789		161,003
Total Portugal				460,936
Singapore - 1.5%
CapitaLand Ascendas REIT		111,906		245,208
CapitaLand Integrated Commercial Trust		153,401		249,765
Capitaland Investment Ltd/Singapore		61,055		183,952
DBS Group Holdings Ltd.		31,530		858,568
Genting Singapore Ltd.		225,730		170,025
Keppel Corp., Ltd.		35,400		203,348
Mapletree Industrial Trust		80,269		145,350
Oversea-Chinese Banking Corp., Ltd.		62,265		612,536
Singapore Exchange Ltd.		21,500		150,820
Singapore Technologies Engineering Ltd.		53,113		148,709
Singapore Telecommunications Ltd.		147,254		281,209
STMicroelectronics NV		9,793		458,503
United Overseas Bank Ltd.		23,743		538,862
Total Singapore				4,246,855

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
South Africa - 0.3%
Anglo American PLC		20,039	$	855,188
South Korea - 4.7%
Amorepacific Corp.*		888		104,890
Celltrion Healthcare Co., Ltd.		2,404		111,632
Celltrion, Inc.		2,027		265,959
CJ CheilJedang Corp.		328		91,866
Coway Co., Ltd.*		2,169		98,255
Delivery Hero SE*		3,525		211,400
Doosan Enerbility*		8,407		113,977
Hana Financial Group, Inc.		6,833		270,424
Hankook Tire & Technology Co., Ltd.*		2,822		74,342
Hanwha Solutions Corp.*		2,254		82,983
HLB, Inc.*		2,253		55,611
HMM Co., Ltd.*		6,385		112,740
HYBE Co., Ltd.*		455		70,810
Hyundai Mobis Co., Ltd.		1,272		212,206
Hyundai Motor Co.		2,996		406,180
Industrial Bank of Korea		15,264		127,014
Kakao Corp.		5,754		286,812
KakaoBank Corp.*		3,589		78,959
KB Financial Group, Inc.		7,513		340,946
Kia Corp.		4,887		265,020
Korea Electric Power Corp.		6,630		106,786
Korea Zinc Co., Ltd.*		236		103,650
Korean Air Lines Co., Ltd.*		5,632		110,875
Krafton, Inc.*		680		98,980
KT&G Corp.		3,262		244,955
L&F Co., Ltd.		467		78,099
LG Chem Ltd.		827		463,249
LG Corp.*		2,795		187,876
LG Display Co., Ltd.		7,720		85,297
LG Electronics, Inc.		2,430		197,470
LG Energy Solution Ltd.*		613		259,273
LG H&H Co., Ltd.		240		144,764
LG Innotek Co., Ltd.		314		69,208
NAVER Corp.		2,561		421,012
NCSoft Corp.*		370		136,370
POSCO Holdings, Inc.		1,458		355,682
Samsung Biologics Co., Ltd.*		390		251,072
Samsung C&T Corp.		2,048		197,019
Samsung Electro-Mechanics Co., Ltd.		1,306		151,296
Samsung Electronics Co., Ltd.		79,354		3,929,691
Samsung Fire & Marine Insurance Co., Ltd.		828		136,454
Samsung SDI Co., Ltd.		958		532,741
Samsung SDS Co., Ltd.		1,386		140,648
Shinhan Financial Group Co., Ltd.		10,017		337,885
SK Hynix, Inc.		9,078		652,219
SK Innovation Co., Ltd.*		1,058		139,229
SK Square Co. Ltd.*		2,383		70,128
SK Telecom Co., Ltd.		1,912		72,332
SK, Inc.		867		139,432
Woori Financial Group, Inc.		18,296		189,971
Total South Korea				13,385,689
Spain - 2.3%
ACS Actividades de Construccion y Servicios SA		5,594		164,885
Aena SME SA*		1,364		203,688
Amadeus IT Group SA*		7,366		461,590
Banco Bilbao Vizcaya Argentaria SA		104,393		732,747
Banco Santander SA		278,335		968,219
Bankinter SA		16,664		119,808
CaixaBank SA		77,862		343,913
Cellnex Telecom SA*		10,585		412,470
EDP Renovaveis SA		3,595		77,872
Endesa SA		5,454		108,219
Ferrovial SA		9,412		276,400
Grifols SA*(b)		8,431		111,022
Iberdrola SA		102,105		1,191,523
Industria de Diseno Textil SA		17,638		548,236
Naturgy Energy Group SA		2,898		81,831
Red Electrica Corp. SA		8,473		149,442
Repsol SA		22,352		366,315
Telefonica SA		91,128		345,106
Total Spain				6,663,286
Sweden - 2.9%
Alfa Laval AB		6,489		202,669
Assa Abloy AB, B Shares		15,952		373,896
Atlas Copco AB, A Shares		45,652		537,806
Atlas Copco AB, B Shares		26,295		275,613
Boliden AB		5,357		239,202
Castellum AB(b)		6,754		92,119
Epiroc AB, A Shares(b)		10,950		212,206
Epiroc AB, B Shares		7,439		123,595
EQT AB		5,483		122,493
Essity AB, B Shares		11,127		289,818
Evolution AB		2,879		321,783
Getinge AB, B Shares		4,503		100,900
H & M Hennes & Mauritz AB, B Shares(b)		16,793		205,498
Hexagon AB, B Shares		32,247		367,290
Husqvarna AB, B Shares		11,748		99,372
Industrivarden AB, A Shares		8,843		233,115
Indutrade AB		6,203		136,860
Investor AB, B Shares		39,398		761,446
Kinnevik AB, B Shares*		6,369		97,666
Nibe Industrier AB, B Shares		25,051		268,819
Saab AB, B Shares		2,274		92,764
Sandvik AB		19,235		395,730
Skandinaviska Enskilda Banken AB, A Shares		26,188		315,538
Skanska AB, B Shares		8,974		157,541
SKF AB, B Shares		7,780		136,989
Svenska Cellulosa AB SCA, B Shares		11,768		162,642
Svenska Handelsbanken AB, A Shares		27,388		284,741
Swedbank AB, A Shares		17,715		339,079
Tele2 AB, B Shares		11,745		101,186
Telefonaktiebolaget LM Ericsson, B Shares		51,376		296,289
Telia Co. AB		49,082		126,481
Trelleborg AB, B Shares		6,281		156,338
Volvo AB, B Shares		29,647		585,730
Total Sweden				8,213,214
Switzerland - 5.3%
ABB Ltd.		26,130		902,996
Accelleron Industries AG*		1,417		33,268
Adecco Group AG		3,274		120,661
Alcon, Inc.		7,662		572,596
Baloise Holding AG		1,012		165,335
Barry Callebaut AG		47		97,555
Chocoladefabriken Lindt & Spruengli AG		33		360,620
Cie Financiere Richemont SA, Class A		8,560		1,308,108
Clariant AG*		6,330		107,619
Credit Suisse Group AG		44,064		149,974
EMS-Chemie Holding AG		131		96,887
Geberit AG		639		359,996
Givaudan SA		151		485,830

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Switzerland (continued)
Julius Baer Group Ltd.		4,102	$	260,742
Kuehne + Nagel International AG		828		196,106
Logitech International SA		2,744		159,249
Lonza Group AG		1,280		723,905
Novartis AG		35,086		3,149,052
Partners Group Holding AG		371		344,853
PSP Swiss Property AG		1,054		130,667
Schindler Holding AG – Participating Certificate		966		204,345
SGS SA		111		268,816
SIG Group AG*		6,454		158,900
Sika AG		2,408		678,303
Sonova Holding AG		955		236,892
Straumann Holding AG		1,864		241,331
Swatch Group AG (The) - Bearer		641		230,097
Swiss Life Holding AG		576		338,547
Swiss Prime Site AG		1,635		144,859
Swisscom AG		472		277,420
Tecan Group AG		272		113,093
Temenos AG		1,146		81,053
UBS Group AG		51,164		1,082,588
VAT Group AG		430		132,452
Zurich Insurance Group AG		2,430		1,196,023
Total Switzerland				15,110,738
United Kingdom - 10.9%
3i Group PLC		16,152		313,185
abrdn PLC(b)		45,183		118,259
Admiral Group PLC		4,870		131,900
Ashtead Group PLC		7,634		499,422
Associated British Foods PLC		6,581		150,371
AstraZeneca PLC		25,028		3,262,995
Auto Trader Group PLC		18,432		142,277
Aviva PLC		47,234		264,989
B&M European Value Retail SA		17,443		96,140
BAE Systems PLC		54,062		570,251
Barclays PLC		270,822		619,609
Barratt Developments PLC		19,824		112,216
Bellway PLC		2,928		76,347
Berkeley Group Holdings PLC		2,148		109,611
BP PLC		301,659		1,815,458
British American Tobacco PLC		37,389		1,425,079
British Land Co. PLC (The)		18,547		101,014
BT Group PLC		120,174		184,415
Bunzl PLC		6,571		240,260
Burberry Group PLC		7,444		225,534
Centrica PLC		102,514		127,152
CK Hutchison Holdings Ltd.		49,617		315,228
CNH Industrial NV		18,355		321,941
Compass Group PLC		30,568		726,681
Croda International PLC		2,495		211,510
DCC PLC		1,901		107,795
Dechra Pharmaceuticals PLC		1,983		69,967
Diageo PLC		39,896		1,728,886
Direct Line Insurance Group PLC		26,789		58,523
Entain PLC		11,361		208,190
Experian PLC		15,723		571,601
Halma PLC		6,709		177,413
Howden Joinery Group PLC		12,624		107,298
HSBC Holdings PLC		330,130		2,423,912
IMI PLC		5,286		94,165
Imperial Brands PLC		16,367		409,235
Informa PLC		28,897		238,069
InterContinental Hotels Group PLC		3,698		254,856
Intermediate Capital Group PLC		5,989		102,338
Intertek Group PLC		3,111		166,412
ITV PLC		84,305		83,944
JD Sports Fashion PLC		48,504		97,184
Johnson Matthey PLC(b)		3,478		96,597
Just Eat Takeaway.com NV*		3,807		96,956
Kingfisher PLC		38,330		131,655
Land Securities Group PLC		16,537		144,221
Legal & General Group PLC		97,859		306,005
Lloyds Banking Group PLC		1,121,345		725,862
London Stock Exchange Group PLC		5,825		531,097
M&G PLC		50,411		125,301
Melrose Industries PLC		82,034		143,611
National Grid PLC		60,195		759,589
NatWest Group PLC		81,177		307,807
Next PLC		2,220		180,873
Ocado Group PLC*		10,399		82,702
Pearson PLC		15,193		172,751
Persimmon PLC		6,220		108,123
Reckitt Benckiser Group PLC		11,553		820,663
RELX PLC		30,946		915,107
Rentokil Initial PLC		43,395		262,150
Rightmove PLC		16,931		122,311
Rolls-Royce Holdings PLC*		154,221		200,760
Sage Group PLC (The)		20,593		196,935
Schroders PLC		10,527		61,935
Segro PLC		20,181		206,262
Severn Trent PLC		4,863		168,590
Smith & Nephew PLC		16,166		221,808
Smiths Group PLC		7,578		161,117
Spirax-Sarco Engineering PLC		1,332		189,072
SSE PLC		18,013		382,201
St James's Place PLC		8,981		135,166
Standard Chartered PLC		40,477		338,455
Tate & Lyle PLC		9,960		92,331
Taylor Wimpey PLC		67,840		97,883
Tesco PLC		125,363		379,509
Unilever PLC		41,668		2,107,561
United Utilities Group PLC		13,044		169,899
Vodafone Group PLC		436,099		499,945
Weir Group PLC (The)		5,537		121,472
Whitbread PLC		4,468		167,272
WPP PLC		20,290		235,753
Total United Kingdom				31,228,939
United States - 6.0%
Amcor PLC		29,039		343,564
Computershare Ltd.		10,915		182,668
CSL Ltd.		8,146		1,711,008
Ferguson PLC		3,616		505,709
GSK PLC		65,580		1,149,192
Haleon PLC*		81,473		325,228
Holcim AG*		8,617		510,783
James Hardie Industries PLC		8,010		177,512
Nestle SA		45,724		5,548,094
QIAGEN NV*		4,656		225,779
Roche Holding AG		12,031		3,735,339
Samsonite International SA*		25,194		74,728
Schneider Electric SE		8,748		1,409,150
Signify NV		1,862		66,915
Stellantis NV*		34,406		537,182
Swiss Re AG		4,925		512,254
Tenaris SA		7,262		128,162
Total United States				17,143,267

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
United States (continued)
Total Common Stocks
(Cost $276,009,963)			$	285,353,661
Preferred Stocks — 0.5%
Germany - 0.3%
Henkel AG & Co. KGaA, 2.84%		3,434		243,908
Sartorius AG, 0.28%		455		202,750
Volkswagen AG, 20.32%		3,730		514,229
Total Germany				960,887
South Korea - 0.2%
Samsung Electronics Co., Ltd., 2.54%		13,133		586,390
Total Preferred Stocks
(Cost $1,559,969)				1,547,277
Short-Term Investments — 0.4%
Money Market Funds — 0.4%
Dreyfus Government Cash Management Fund, Institutional Shares, 4.23%(c)(d)		726,464		726,464
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.30%(c)		513,007		513,007
Total Short-Term Investments
(Cost $1,239,471)				1,239,471
Total Investments — 100.3%
(Cost $278,809,403)				288,140,409
Other Assets and Liabilities, Net — (0.3)%				(1,067,192	)
Net Assets — 100.0%			$	287,073,217

				% of
Industry	Value			Net Assets
Financials	$	51,893,461			18.1	%
Industrials		44,826,415			15.6
Health Care		34,123,723			11.9
Consumer Discretionary		32,414,287			11.3
Information Technology		28,292,680			9.8
Consumer Staples		27,649,413			9.6
Materials		24,293,302			8.5
Communication Services		13,146,150			4.5
Energy		12,342,708			4.3
Utilities		9,123,503			3.2
Real Estate		8,795,296			3.1
Money Market Funds		1,239,471			0.4
Total Investments	$	288,140,409			100.3	%
Other Assets and Liabilities, Net		(1,067,192	)		(0.3	)
Total Net Assets	$	287,073,217			100.0	%

*	Non-income producing securities.
(a)	Less than 0.05%.
(b)	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 $1,513,692; total market value of collateral held by the Fund was $1,673,481.  Market value of the collateral held includes non-cash U.S. Treasury securities collateral having a value of $947,017.
(c)	Reflects the 1-day yield at January 31, 2023.
(d)	Represents security purchased with cash collateral received for securities on loan.

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

Forward Foreign Currency Contracts Outstanding as of January 31, 2023:

Purchased Contracts	Settlement Date	Counterparty	Currency Amount Purchased			Value at Settlement Date			Value at January 31, 2023			Unrealized Appreciation
Australian Dollar	02/07/23	Morgan Stanley		16,842,136		$	11,854,717		$	11,870,953		$	16,236
Swiss Franc	02/07/23	Morgan Stanley		11,896,011			12,946,237			12,957,152			10,915
Danish Krone	02/07/23	Morgan Stanley		26,450,593			3,861,141			3,863,317			2,176
Euro	02/07/23	Morgan Stanley		38,840,964			42,173,232			42,201,018			27,786
British Pound	02/07/23	Morgan Stanley		17,759,847			21,843,950			21,867,336			23,386
Hong Kong Dollar	02/07/23	Morgan Stanley		30,319,257			3,868,938			3,869,397			459
Israeli Shekel	02/07/23	Morgan Stanley		3,205,507			927,462			927,836			374
Japanese Yen	02/07/23	Morgan Stanley		4,077,189,314			31,364,687			31,379,737			15,050
South Korean Won#	02/07/23	Morgan Stanley		8,351,770,945			6,761,492			6,781,738			20,246
Norwegian Krone	02/07/23	Morgan Stanley		165,294			16,500			16,554			54
New Zealand Dollar	02/07/23	Morgan Stanley		762,968			492,530			493,104			574
Hong Kong Dollar	02/07/23	Morgan Stanley		93,166			21,300			21,455			155
Swedish Krona	02/07/23	Morgan Stanley		40,628,964			3,880,925			3,881,996			1,071
Singapore Dollar	02/07/23	Morgan Stanley		2,682,753			2,039,695			2,041,410			1,715
Unrealized Appreciation						$	142,052,806		$	142,173,003		$	120,197
Sold Contracts	Settlement Date	Counterparty	Currency Amount Sold			Value at Settlement Date			Value at January 31, 2023			Unrealized Appreciation
Danish Krone	03/06/23	Morgan Stanley		(24,215,222	)	$	(3,543,417	)	$	(3,543,308	)	$	109
Hong Kong Dollar	02/07/23	Morgan Stanley		(32,508,705	)		(4,167,233	)		(4,148,819	)		18,414
Norwegian Krone	02/07/23	Morgan Stanley		(11,086,274	)		(1,127,103	)		(1,110,264	)		16,839
Norwegian Krone	03/06/23	Morgan Stanley		(10,144,604	)		(1,017,212	)		(1,017,168	)		44
Swedish Krona	02/07/23	Morgan Stanley		(42,870,825	)		(4,123,333	)		(4,096,201	)		27,132
Unrealized Appreciation						$	(13,978,298	)	$	(13,915,760	)	$	62,538
Total Unrealized Appreciation												$	182,735
Purchased Contracts	Settlement Date	Counterparty	Currency Amount Purchased			Value at Settlement Date			Value at January 31, 2023			Unrealized (Depreciation)
Hong Kong Dollar	02/07/23	Morgan Stanley		2,189,448		$	280,639		$	279,421		$	(1,218	)
Israeli Shekel	02/07/23	Morgan Stanley		216,691			63,320			62,721			(599	)
Japanese Yen	02/07/23	Morgan Stanley		224,999,478			1,737,947			1,731,689			(6,258	)
Norwegian Krone	02/07/23	Morgan Stanley		10,920,980			1,094,123			1,093,711			(412	)
Hong Kong Dollar	02/07/23	Morgan Stanley		1,424,526			328,072			328,051			(21	)
Swedish Krona	02/07/23	Morgan Stanley		2,241,861			214,544			214,204			(340	)
Unrealized Depreciation						$	3,718,645		$	3,709,797		$	(8,848	)
Sold Contracts	Settlement Date	Counterparty	Currency Amount Sold			Value at Settlement Date			Value at January 31, 2023			Unrealized (Depreciation)
Australian Dollar	02/07/23	Morgan Stanley		(16,842,136	)	$	(11,435,896	)	$	(11,870,953	)	$	(435,057	)
Australian Dollar	03/06/23	Morgan Stanley		(16,634,709	)		(11,735,910	)		(11,736,742	)		(832	)
Swiss Franc	02/07/23	Morgan Stanley		(11,896,011	)		(12,903,233	)		(12,957,152	)		(53,919	)
Swiss Franc	03/06/23	Morgan Stanley		(11,699,319	)		(12,775,481	)		(12,778,315	)		(2,834	)
Danish Krone	02/07/23	Morgan Stanley		(26,450,593	)		(3,805,890	)		(3,863,317	)		(57,427	)
Euro	02/07/23	Morgan Stanley		(38,840,964	)		(41,553,256	)		(42,201,018	)		(647,762	)
Euro	03/06/23	Morgan Stanley		(39,009,695	)		(42,446,894	)		(42,454,715	)		(7,821	)
British Pound	02/07/23	Morgan Stanley		(17,759,847	)		(21,380,984	)		(21,867,336	)		(486,352	)
British Pound	03/06/23	Morgan Stanley		(17,152,146	)		(21,127,924	)		(21,131,071	)		(3,147	)
Hong Kong Dollar	03/06/23	Morgan Stanley		(31,212,025	)		(3,988,223	)		(3,988,811	)		(588	)
Israeli Shekel	02/07/23	Morgan Stanley		(3,422,198	)		(971,251	)		(990,558	)		(19,307	)
Israeli Shekel	03/06/23	Morgan Stanley		(3,196,518	)		(925,774	)		(925,977	)		(203	)
Japanese Yen	02/07/23	Morgan Stanley		(4,302,188,792	)		(32,744,706	)		(33,111,426	)		(366,720	)
Japanese Yen	03/06/23	Morgan Stanley		(4,172,444,181	)		(32,218,208	)		(32,225,009	)		(6,801	)
South Korean Won#	02/07/23	Morgan Stanley		(8,351,770,945	)		(6,659,467	)		(6,781,738	)		(122,271	)
South Korean Won#	03/06/23	Morgan Stanley		(8,475,174,320	)		(6,870,667	)		(6,888,469	)		(17,802	)
New Zealand Dollar	02/07/23	Morgan Stanley		(762,968	)		(482,780	)		(493,104	)		(10,324	)

Schedule of Investments ─ IQ FTSE International Equity Currency Neutral ETF (continued)

January 31, 2023 (unaudited)

Sold Contracts	Settlement Date	Counterparty	Currency Amount Sold			Value at Settlement Date			Value at January 31, 2023			Unrealized (Depreciation)
New Zealand Dollar	03/06/23	Morgan Stanley		(744,013	)	$	(480,939	)	$	(480,975	)	$	(36	)
Polish Zloty	02/07/23	Morgan Stanley		(1,517,692	)		(344,708	)		(349,506	)		(4,798	)
Polish Zloty	03/06/23	Morgan Stanley		(1,554,574	)		(357,292	)		(357,313	)		(21	)
Swedish Krona	03/06/23	Morgan Stanley		(42,999,438	)		(4,113,694	)		(4,114,330	)		(636	)
Singapore Dollar	02/07/23	Morgan Stanley		(2,682,753	)		(2,001,089	)		(2,041,410	)		(40,321	)
Singapore Dollar	03/06/23	Morgan Stanley		(2,553,991	)		(1,944,069	)		(1,944,484	)		(415	)
Unrealized Depreciation						$	(273,268,335	)	$	(275,553,729	)	$	(2,285,394	)
Total Unrealized Depreciation												$	(2,294,242	)
Net Unrealized Appreciation (Depreciation)												$	(2,111,507	)

As of January 31, 2023, there was no collateral segregated by the counterparty for forward foreign currency contracts.  

# Non-deliverable forward.

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:(e)
Common Stocks	$	285,353,661	$	–	$	–	$	285,353,661
Preferred Stocks		1,547,277		–		–		1,547,277
Short-Term Investments:
Money Market Funds		1,239,471		–		–		1,239,471
Total Investments in Securities		288,140,409		–		–		288,140,409
Other Financial Instruments:(f)
Forward Foreign Currency Contracts		–		182,735		–		182,735
Total Investments in Securities and Other Financial Instruments	$	288,140,409	$	182,735	$	–	$	288,323,144
Liability Valuation Inputs
Other Financial Instruments:(f)
Forward Foreign Currency Contracts	$	–	$	2,294,242	$	–	$	2,294,242

(e)	For a complete listing of investments and their countries, see the Schedule of Investments.
(f)	Reflects the unrealized appreciation (depreciation) of the instruments.

A reconciliation of assets in which Level 3 inputs are used in determining fair value is presented when there are significant Level 3 financial instruments at the beginning and/or end of the period.