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.