Schedule of Investments ─ IQ Global Equity R&D Leaders ETF

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks — 98.1%
Belgium - 0.2%
UCB SA		166	$	13,590
Brazil - 0.2%
MercadoLibre, Inc.*		7		8,272
China - 8.2%
Alibaba Group Holding Ltd.*		5,260		72,204
Baidu, Inc., Class A*		1,659		28,022
BeiGene Ltd.*		677		13,240
BYD Co., Ltd., Class H		398		12,440
China Energy Engineering Corp. Ltd., Class H		88,308		11,379
China Petroleum & Chemical Corp., Class H		25,392		13,670
China Railway Group Ltd., Class H		50,111		27,298
Great Wall Motor Co., Ltd., Class H		4,897		6,872
Haier Smart Home Co., Ltd., Class H		2,933		10,776
JD.com, Inc., Class A		594		17,550
Kuaishou Technology*		1,539		13,479
Lenovo Group Ltd.		16,589		13,269
Meituan, Class B*		987		21,985
Metallurgical Corp of China Ltd., Class H		80,259		18,123
NetEase, Inc.		1,092		19,462
NXP Semiconductors NV		76		14,008
PetroChina Co., Ltd., Class H		38,913		20,701
Tencent Holdings Ltd.		1,398		68,165
Weichai Power Co., Ltd., Class H		5,032		7,588
Xiaomi Corp., Class B*		11,233		18,515
ZTE Corp., Class H		8,545		20,603
Total China				449,349
Denmark - 0.4%
Novo Nordisk A/S, Class B		163		22,440
Finland - 0.6%
Nokia OYJ		7,009		33,124
France - 2.2%
Airbus SE		178		22,201
Dassault Systemes SE		196		7,250
L'Oreal SA		23		9,443
Renault SA*		254		10,273
Sanofi		511		49,764
Thales SA		61		8,043
Valeo		511		11,091
Total France				118,065
Germany - 7.1%
BASF SE		355		20,203
Bayer AG		854		52,866
Bayerische Motoren Werke AG		580		58,726
Continental AG		500		34,927
Daimler Truck Holding AG*		361		12,064
Infineon Technologies AG		386		13,798
Mercedes-Benz Group AG		614		45,445
Merck KGaA		94		19,504
SAP SE		381		44,846
Siemens AG		306		47,490
Siemens Energy AG(a)		453		9,407
Siemens Healthineers AG		259		13,803
Traton SE		803		13,814
Total Germany				386,893
Italy - 0.5%
Leonardo SpA		1,471		15,103
Telecom Italia SpA*		40,252		11,537
Total Italy				26,640
Japan - 9.2%
Aisin Corp.		426		12,383
Astellas Pharma, Inc.		932		13,706
Canon, Inc.		667		14,838
Chugai Pharmaceutical Co., Ltd.		291		7,514
Daiichi Sankyo Co., Ltd.		503		15,719
Denso Corp.		536		28,736
Eisai Co., Ltd.		138		8,502
FUJIFILM Holdings Corp.		146		7,675
Hitachi Ltd.		340		17,731
Honda Motor Co., Ltd.		1,876		46,263
Mitsubishi Chemical Group Corp.		1,702		9,503
Mitsubishi Electric Corp.		1,141		12,512
Murata Manufacturing Co., Ltd.		115		6,539
NEC Corp.		186		6,687
Nippon Telegraph & Telephone Corp.		514		15,383
Nissan Motor Co., Ltd.		4,592		16,360
Otsuka Holdings Co., Ltd.		438		14,004
Panasonic Holdings Corp.		2,722		25,117
Renesas Electronics Corp.*		1,082		11,062
SoftBank Group Corp.		283		13,370
Sony Group Corp.		476		42,386
Sumitomo Chemical Co., Ltd.		2,832		10,823
Sumitomo Electric Industries Ltd.		604		7,220
Suzuki Motor Corp.		284		10,568
Takeda Pharmaceutical Co., Ltd.		1,029		32,363
TDK Corp.		256		9,065
Tokyo Electron Ltd.		28		9,726
Toshiba Corp.		250		8,572
Toyota Motor Corp.		4,628		67,492
Total Japan				501,819
Netherlands - 0.9%
ASML Holding NV		36		23,560
Koninklijke Philips NV		1,072		18,414
Shell PLC		245		7,160
Total Netherlands				49,134
Singapore - 0.2%
STMicroelectronics NV		275		12,875
South Korea - 4.2%
Hyundai Mobis Co., Ltd.		46		7,674
Hyundai Motor Co.		90		12,202
Kia Corp.		165		8,948
LG Display Co., Ltd.		650		7,182
LG Electronics, Inc.		270		21,941
NAVER Corp.		65		10,685
Samsung Electronics Co., Ltd.		2,760		136,678
SK Hynix, Inc.		364		26,152
Total South Korea				231,462

Schedule of Investments ─ IQ Global Equity R&D Leaders ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
Spain - 0.1%
Telefonica SA		1,962	$	7,430
Sweden - 0.9%
Telefonaktiebolaget LM Ericsson, B Shares		5,662		32,653
Volvo AB, B Shares		793		15,667
Total Sweden				48,320
Switzerland - 1.3%
ABB Ltd.		264		9,123
Novartis AG		689		61,840
Total Switzerland				70,963
Taiwan - 1.9%
Delta Electronics, Inc.		640		6,160
Hon Hai Precision Industry Co., Ltd.		7,282		24,180
MediaTek, Inc.		1,161		27,764
Realtek Semiconductor Corp.		724		7,716
Taiwan Semiconductor Manufacturing Co., Ltd.		2,126		36,962
Total Taiwan				102,782
United Kingdom - 1.3%
AstraZeneca PLC		474		61,797
Unilever PLC		136		6,879
Total United Kingdom				68,676
United States - 58.7%
3M Co.		100		11,508
Abbott Laboratories		176		19,457
AbbVie, Inc.		263		38,858
Accenture PLC, Class A		28		7,813
Activision Blizzard, Inc.		106		8,116
Adobe, Inc.*		53		19,628
Advanced Micro Devices, Inc.*		403		30,285
Airbnb, Inc., Class A*		106		11,778
Alphabet, Inc., Class A*		2,495		246,606
Amazon.com, Inc.*		2,809		289,692
Amgen, Inc.		108		27,259
Analog Devices, Inc.		60		10,288
Apple, Inc.		1,157		166,944
Applied Materials, Inc.		156		17,392
Aptiv PLC*		71		8,029
AT&T, Inc.		533		10,857
Atlassian Corp., Class A*		60		9,697
Autodesk, Inc.*		36		7,746
Becton Dickinson and Co.		34		8,575
Biogen, Inc.*		46		13,381
Block, Inc.*		195		15,935
Boeing Co. (The)*		96		20,448
Boston Scientific Corp.*		185		8,556
Bristol-Myers Squibb Co.		837		60,808
Broadcom, Inc.		53		31,006
Cadence Design Systems, Inc.*		44		8,045
Caterpillar, Inc.		51		12,867
Cisco Systems, Inc.		925		45,020
Corning, Inc.		191		6,611
Corteva, Inc.		129		8,314
CSL Ltd.		40		8,402
Cummins, Inc.		34		8,484
Danaher Corp.		44		11,633
Deere & Co.		29		12,262
Dell Technologies, Inc., Class C		391		15,882
eBay, Inc.		209		10,346
Edwards Lifesciences Corp.*		84		6,443
Electronic Arts, Inc.		121		15,570
Eli Lilly & Co.		129		44,395
Expedia Group, Inc.*		84		9,601
Ford Motor Co.		4,057		54,810
GE HealthCare Technologies, Inc.*		75		5,214
General Electric Co.		228		18,349
General Motors Co.		1,414		55,598
Gilead Sciences, Inc.		409		34,331
GSK PLC		2,611		45,754
Hewlett Packard Enterprise Co.		774		12,485
Honeywell International, Inc.		41		8,548
HP, Inc.		353		10,286
Illumina, Inc.*		43		9,211
Incyte Corp.*		123		10,472
Intel Corp.		3,769		106,512
International Business Machines Corp.		279		37,590
Intuit, Inc.		38		16,061
Johnson & Johnson		579		94,620
Juniper Networks, Inc.		208		6,718
KLA Corp.		17		6,672
Lam Research Corp.		22		11,002
Lockheed Martin Corp.		20		9,265
Marvell Technology, Inc.		264		11,392
Medtronic PLC		226		18,914
Merck & Co., Inc.		759		81,524
Meta Platforms, Inc., Class A*		1,622		241,629
Microchip Technology, Inc.		85		6,598
Micron Technology, Inc.		354		21,346
Microsoft Corp.		620		153,642
Moderna, Inc.*		80		14,085
Nestle SA		108		13,105
Netflix, Inc.*		60		21,232
Northrop Grumman Corp.		14		6,273
NVIDIA Corp.		245		47,866
Oracle Corp.		598		52,899
Palo Alto Networks, Inc.*		58		9,201
PayPal Holdings, Inc.*		301		24,529
Pfizer, Inc.		1,728		76,308
Procter & Gamble Co. (The)		86		12,245
QUALCOMM, Inc.		424		56,481
Raytheon Technologies Corp.		185		18,472
Regeneron Pharmaceuticals, Inc.*		28		21,237
Rivian Automotive, Inc., Class A*		639		12,397
Roche Holding AG		310		96,248
Salesforce, Inc.*		241		40,481
Schneider Electric SE		80		12,887
Seagate Technology Holdings PLC		108		7,320
Seagen, Inc.*		65		9,066
ServiceNow, Inc.*		25		11,378
Splunk, Inc.*		69		6,608
Spotify Technology SA*		113		12,737
Stellantis NV*		2,717		42,421
Stryker Corp.		41		10,406
Synopsys, Inc.*		30		10,613
Tesla, Inc.*		130		22,519
Texas Instruments, Inc.		56		9,924
Thermo Fisher Scientific, Inc.		17		9,696
Twilio, Inc., Class A*		126		7,540
Uber Technologies, Inc.*		650		20,105
Vertex Pharmaceuticals, Inc.*		56		18,094
VMware, Inc., Class A*		156		19,105
Western Digital Corp.*		426		18,723

Schedule of Investments ─ IQ Global Equity R&D Leaders ETF (continued)

January 31, 2023 (unaudited)

	Shares		Value
Common Stocks (continued)
United States (continued)
Workday, Inc., Class A*		74	$	13,426
Total United States				3,198,707
Total Common Stocks
(Cost $5,811,240)				5,350,541
Preferred Stock — 1.8%
Germany - 1.8%
Volkswagen AG, 20.32%
(Cost $123,772)		690		95,126
Short-Term Investments — 0.2%
Money Market Funds — 0.2%
Dreyfus Government Cash Management Fund, Institutional Shares, 4.23%(b)(c)		9,331		9,331
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.30%(b)		1,406		1,406
Total Short-Term Investments
(Cost $10,737)				10,737
Total Investments — 100.1%
(Cost $5,945,749)				5,456,404
Other Assets and Liabilities, Net — (0.1)%				(2,605	)
Net Assets — 100.0%			$	5,453,799

				% of
Industry	Value			Net Assets
Information Technology	$	1,701,576			31.2	%
Consumer Discretionary		1,230,168			22.6
Health Care		1,222,015			22.4
Communication Services		744,281			13.6
Industrials		415,581			7.6
Materials		48,843			0.9
Consumer Staples		41,671			0.8
Energy		41,532			0.8
Money Market Funds		10,737			0.2
Total Investments	$	5,456,404			100.1%
Other Assets and Liabilities, Net		(2,605	)		(0 .1)
Total Net Assets	$	5,453,799			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 $8,929; total market value of collateral held by the Fund was $9,331.
(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 Global Equity R&D Leaders 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:(a)
Common Stocks	$	5,350,541	$	–	$	–	$	5,350,541
Preferred Stock		95,126		–		–		95,126
Short-Term Investments:
Money Market Funds		10,737		–		–		10,737
Total Investments in Securities	$	5,456,404	$	–	$	–	$	5,456,404

(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.