Schedule of Investments ─ IQ U.S. Mid Cap R&D Leaders ETF
January 31, 2023 (unaudited)
| Shares | Value | |||||||
| Common Stocks — 99.9% | ||||||||
| Communication Services — 10.8% | ||||||||
| Electronic Arts, Inc. | 1,091 | $ | 140,390 | |||||
| Pinterest, Inc., Class A* | 1,329 | 34,940 | ||||||
| Playtika Holding Corp.* | 3,113 | 32,655 | ||||||
| ROBLOX Corp., Class A* | 1,687 | 62,773 | ||||||
| Roku, Inc.* | 884 | 50,830 | ||||||
| Spotify Technology SA* | 1,012 | 114,073 | ||||||
| Take-Two Interactive Software, Inc.* | 361 | 40,876 | ||||||
| Total Communication Services | 476,537 | |||||||
| Consumer Discretionary — 14.2% | ||||||||
| Aptiv PLC* | 643 | 72,717 | ||||||
| BorgWarner, Inc. | 1,110 | 52,481 | ||||||
| DoorDash, Inc., Class A* | 483 | 27,975 | ||||||
| eBay, Inc. | 1,888 | 93,456 | ||||||
| Etsy, Inc.* | 178 | 24,489 | ||||||
| Expedia Group, Inc.* | 753 | 86,068 | ||||||
| Garmin Ltd. | 538 | 53,198 | ||||||
| Lucid Group, Inc.*(a) | 6,047 | 70,689 | ||||||
| Rivian Automotive, Inc., Class A* | 5,767 | 111,880 | ||||||
| Whirlpool Corp. | 201 | 31,274 | ||||||
| Total Consumer Discretionary | 624,227 | |||||||
| Energy — 0.7% | ||||||||
| Baker Hughes Co. | 1,018 | 32,311 | ||||||
| Health Care — 23.2% | ||||||||
| Agilent Technologies, Inc. | 184 | 27,983 | ||||||
| Alnylam Pharmaceuticals, Inc.* | 209 | 47,318 | ||||||
| Biogen, Inc.* | 421 | 122,469 | ||||||
| BioMarin Pharmaceutical, Inc.* | 345 | 39,796 | ||||||
| Dexcom, Inc.* | 308 | 32,984 | ||||||
| Exact Sciences Corp.*(a) | 438 | 29,574 | ||||||
| Exelixis, Inc.* | 2,845 | 50,129 | ||||||
| Horizon Therapeutics PLC* | 248 | 27,210 | ||||||
| Incyte Corp.* | 1,108 | 94,335 | ||||||
| Ionis Pharmaceuticals, Inc.* | 1,062 | 42,342 | ||||||
| Jazz Pharmaceuticals PLC* | 213 | 33,368 | ||||||
| Mirati Therapeutics, Inc.* | 724 | 38,669 | ||||||
| Neurocrine Biosciences, Inc.* | 210 | 23,295 | ||||||
| Novavax, Inc.*(a) | 10,264 | 111,980 | ||||||
| Organon & Co. | 1,109 | 33,414 | ||||||
| Sarepta Therapeutics, Inc.* | 392 | 48,988 | ||||||
| Seagen, Inc.* | 581 | 81,038 | ||||||
| Ultragenyx Pharmaceutical, Inc.* | 820 | 37,171 | ||||||
| Veeva Systems, Inc., Class A* | 167 | 28,482 | ||||||
| Viatris, Inc. | 3,908 | 47,521 | ||||||
| Zimmer Biomet Holdings, Inc. | 192 | 24,449 | ||||||
| Total Health Care | 1,022,515 | |||||||
| Industrials — 6.8% | ||||||||
| AGCO Corp. | 190 | 26,245 | ||||||
| Carrier Global Corp. | 737 | 33,555 | ||||||
| Cummins, Inc. | 305 | 76,110 | ||||||
| Fortive Corp. | 362 | 24,627 | ||||||
| Lyft, Inc., Class A* | 4,299 | 69,859 | ||||||
| Rockwell Automation, Inc. | 102 | 28,767 | ||||||
| Textron, Inc. | 519 | 37,809 | ||||||
| Total Industrials | 296,972 | |||||||
| Information Technology — 36.6% | ||||||||
| Affirm Holdings, Inc.*(a) | 2,818 | 45,623 | ||||||
| Akamai Technologies, Inc.* | 159 | 14,143 | ||||||
| Amdocs Ltd. | 144 | 13,238 | ||||||
| ANSYS, Inc.* | 62 | 16,514 | ||||||
| AppLovin Corp., Class A* | 1,848 | 23,470 | ||||||
| Arista Networks, Inc.* | 328 | 41,335 | ||||||
| Cadence Design Systems, Inc.* | 258 | 47,170 | ||||||
| Ciena Corp.* | 670 | 34,853 | ||||||
| Cirrus Logic, Inc.* | 206 | 18,620 | ||||||
| Coherent Corp.* | 420 | 18,228 | ||||||
| Corning, Inc. | 1,147 | 39,698 | ||||||
| Crowdstrike Holdings, Inc., Class A* | 167 | 17,685 | ||||||
| Datadog, Inc., Class A* | 305 | 22,817 | ||||||
| Dell Technologies, Inc., Class C | 2,341 | 95,091 | ||||||
| DocuSign, Inc.* | 295 | 17,889 | ||||||
| Dropbox, Inc., Class A* | 1,315 | 30,547 | ||||||
| F5, Inc.* | 134 | 19,786 | ||||||
| Fortinet, Inc.* | 341 | 17,848 | ||||||
| GLOBALFOUNDRIES, Inc.*(a) | 298 | 17,665 | ||||||
| GoDaddy, Inc., Class A* | 367 | 30,142 | ||||||
| Hewlett Packard Enterprise Co. | 4,632 | 74,714 | ||||||
| HP, Inc. | 2,112 | 61,544 | ||||||
| HubSpot, Inc.* | 49 | 17,003 | ||||||
| Juniper Networks, Inc. | 1,876 | 60,595 | ||||||
| Keysight Technologies, Inc.* | 282 | 50,577 | ||||||
| Microchip Technology, Inc. | 511 | 39,664 | ||||||
| MongoDB, Inc.* | 70 | 14,995 | ||||||
| Motorola Solutions, Inc. | 177 | 45,491 | ||||||
| NetApp, Inc. | 554 | 36,691 | ||||||
| Nutanix, Inc., Class A* | 660 | 18,394 | ||||||
| Okta, Inc.* | 322 | 23,702 | ||||||
| ON Semiconductor Corp.* | 341 | 25,046 | ||||||
| Palantir Technologies, Inc., Class A* | 1,870 | 14,549 | ||||||
| Pure Storage, Inc., Class A* | 834 | 24,136 | ||||||
| Qorvo, Inc.* | 245 | 26,622 | ||||||
| RingCentral, Inc., Class A* | 326 | 12,724 | ||||||
| Skyworks Solutions, Inc. | 237 | 25,992 | ||||||
| Splunk, Inc.* | 410 | 39,266 | ||||||
| SS&C Technologies Holdings, Inc. | 313 | 18,890 | ||||||
| Synopsys, Inc.* | 181 | 64,029 | ||||||
| Teradyne, Inc. | 177 | 18,001 | ||||||
| Trimble, Inc.* | 641 | 37,216 | ||||||
| Twilio, Inc., Class A* | 759 | 45,419 | ||||||
| Unity Software, Inc.* | 1,100 | 39,072 | ||||||
| Western Digital Corp.* | 2,548 | 111,985 | ||||||
| Wix.com Ltd.* | 211 | 18,353 | ||||||
| Zebra Technologies Corp., Class A* | 134 | 42,368 | ||||||
| Zoom Video Communications, Inc., Class A* | 321 | 24,075 | ||||||
| Total Information Technology | 1,613,475 | |||||||
| Materials — 6.8% | ||||||||
| Corteva, Inc. | 1,163 | 74,955 | ||||||
| DuPont de Nemours, Inc. | 497 | 36,753 | ||||||
| Ginkgo Bioworks Holdings, Inc.* | 61,523 | 119,970 | ||||||
| International Flavors & Fragrances, Inc. | 354 | 39,811 | ||||||
Schedule of Investments ─ IQ U.S. Mid Cap R&D Leaders ETF (continued)
January 31, 2023 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Materials (continued) | ||||||||
| PPG Industries, Inc. | 212 | $ | 27,632 | |||||
| Total Materials | 299,121 | |||||||
| Real Estate — 0.8% | ||||||||
| Zillow Group, Inc., Class C* | 797 | 35,235 | ||||||
| Total Common Stocks | ||||||||
| (Cost $4,802,141) | 4,400,393 | |||||||
| Short-Term Investments — 3.5% | ||||||||
| Money Market Funds — 3.5% | ||||||||
| Dreyfus Government Cash Management Fund, Institutional Shares, 4.23%(b)(c) | 150,062 | 150,062 | ||||||
| Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.30%(b) | 3,811 | 3,811 | ||||||
| Total Short-Term Investments | ||||||||
| (Cost $153,873) | 153,873 | |||||||
| Total Investments — 103.4% | ||||||||
| (Cost $4,956,014) | 4,554,266 | |||||||
| Other Assets and Liabilities, Net — (3.4)% | (149,031 | ) | ||||||
| Net Assets — 100.0% | $ | 4,405,235 | ||||||
| * | 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 $232,617; total market value of collateral held by the Fund was $232,260. Market value of the collateral held includes non-cash U.S. Treasury securities collateral having a value of $82,197. |
| (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 U.S. Mid Cap 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:(d) | ||||||||||||||||
| Common Stocks | $ | 4,400,393 | $ | – | $ | – | $ | 4,400,393 | ||||||||
| Short-Term Investments: | ||||||||||||||||
| Money Market Funds | 153,873 | – | – | 153,873 | ||||||||||||
| Total Investments in Securities | $ | 4,554,266 | $ | – | $ | – | $ | 4,554,266 | ||||||||
| (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.