Schedule of Investments ─ IQ U.S. Large Cap R&D Leaders ETF

January 31, 2024 (unaudited)

	Shares		Value
Common Stocks — 99.9%
Communication Services — 16.3%
Alphabet, Inc., Class A*		3,873	$	542,607
AT&T, Inc.		989		17,495
Electronic Arts, Inc.		227		31,231
Meta Platforms, Inc., Class A*		958		373,754
Netflix, Inc.*		75		42,308
Pinterest, Inc., Class A*		377		14,126
ROBLOX Corp., Class A*		350		13,584
Spotify Technology SA*		117		25,196
Total Communication Services				1,060,301
Consumer Discretionary — 13.5%
Airbnb, Inc., Class A*		152		21,909
Amazon.com, Inc.*		3,217		499,279
Aptiv PLC*		170		13,826
DoorDash, Inc., Class A*		130		13,546
eBay, Inc.		470		19,303
Expedia Group, Inc.*		119		17,651
Ford Motor Co.		8,582		100,581
General Motors Co.		3,627		140,728
Rivian Automotive, Inc., Class A*(a)		998		15,279
Tesla, Inc.*		192		35,960
Total Consumer Discretionary				878,062
Consumer Staples — 0.4%
Procter & Gamble Co. (The)		184		28,914
Financials — 1.1%
Block, Inc.*		465		30,230
PayPal Holdings, Inc.*		653		40,061
Total Financials				70,291
Health Care — 25.8%
Abbott Laboratories		335		37,905
AbbVie, Inc.		646		106,202
Alnylam Pharmaceuticals, Inc.*		71		12,277
Amgen, Inc.		220		69,137
Becton Dickinson & Co.		69		16,478
Biogen, Inc.*		119		29,352
Boston Scientific Corp.*		327		20,686
Bristol-Myers Squibb Co.		2,403		117,435
Danaher Corp.		100		23,991
Edwards Lifesciences Corp.*		178		13,968
Eli Lilly & Co.		202		130,413
Exelixis, Inc.*		642		13,970
GE HealthCare Technologies, Inc.		205		15,039
Gilead Sciences, Inc.		964		75,443
Illumina, Inc.*		141		20,164
Incyte Corp.*		358		21,040
Intuitive Surgical, Inc.*		40		15,129
Johnson & Johnson		1,254		199,260
Medtronic PLC		431		37,730
Merck & Co., Inc.		2,836		342,532
Moderna, Inc.*		639		64,571
Pfizer, Inc.		5,671		153,571
Regeneron Pharmaceuticals, Inc.*		60		56,567
Stryker Corp.		57		19,122
Thermo Fisher Scientific, Inc.		36		19,403
Vertex Pharmaceuticals, Inc.*		114		49,405
Total Health Care				1,680,790
Industrials — 4.9%
3M Co.		222		20,946
Boeing Co. (The)*		165		34,821
Caterpillar, Inc.		90		27,028
CNH Industrial NV		1,178		14,136
Cummins, Inc.		79		18,905
Deere & Co.		75		29,518
General Electric Co.		230		30,457
Honeywell International, Inc.		96		19,417
Lockheed Martin Corp.		51		21,900
Northrop Grumman Corp.		34		15,190

	Shares		Value
Common Stocks (continued)
Industrials (continued)
RTX Corp.		455	$	41,459
Uber Technologies, Inc.*		669		43,666
Total Industrials				317,443
Information Technology — 37.7%
Accenture PLC, Class A		50		18,194
Adobe, Inc.*		79		48,805
Advanced Micro Devices, Inc.*		544		91,223
Analog Devices, Inc.		109		20,967
Apple, Inc.		2,005		369,722
Applied Materials, Inc.		252		41,404
Atlassian Corp., Class A*		109		27,225
Autodesk, Inc.*		73		18,528
Broadcom, Inc.		62		73,160
Cadence Design Systems, Inc.*		69		19,904
Cisco Systems, Inc.		2,037		102,217
Corning, Inc.		464		15,075
Dropbox, Inc., Class A*		425		13,464
Hewlett Packard Enterprise Co.		1,858		28,409
HP, Inc.		678		19,465
Intel Corp.		4,734		203,941
International Business Machines Corp.		541		99,360
Intuit, Inc.		56		35,354
Juniper Networks, Inc.		507		18,739
KLA Corp.		29		17,227
Lam Research Corp.		29		23,930
Marvell Technology, Inc.		417		28,231
Microchip Technology, Inc.		168		14,310
Micron Technology, Inc.		506		43,390
Microsoft Corp.		972		386,448
NetApp, Inc.		146		12,731
NVIDIA Corp.		221		135,975
Oracle Corp.		1,128		125,998
Palo Alto Networks, Inc.*		71		24,034
QUALCOMM, Inc.		815		121,036
Salesforce, Inc.*		241		67,743
ServiceNow, Inc.*		38		29,085
Snowflake, Inc., Class A*		77		15,064
Splunk, Inc.*		83		12,730
Synopsys, Inc.*		46		24,534
Texas Instruments, Inc.		144		23,057
Twilio, Inc., Class A*		171		12,026
Unity Software, Inc.*		357		11,567
Western Digital Corp.*		493		28,224
Workday, Inc., Class A*		119		34,637
Total Information Technology				2,457,133
Materials — 0.2%
Corteva, Inc.		375		17,055
Total Common Stocks
(Cost $5,867,084)				6,509,989
Short-Term Investment — 0.0%(b)
Money Market Funds — 0.0%(b)
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 5.30%(c)
(Cost $1,949)		1,949		1,949
Total Investments — 99.9% (Cost $5,869,033)				6,511,938
Other Assets and Liabilities, Net — 0.1%				5,169
Net Assets — 100%			$	6,517,107

Schedule of Investments ─ IQ U.S. Large Cap R&D Leaders ETF (continued)

January 31, 2024 (unaudited)

*	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 $14,973; total market value of collateral held consisted of non-cash U.S. Treasury securities collateral having a value of $15,623.
(b)	Less than 0.05%.
(c)	Reflects the 1-day yield at January 31, 2024.

Schedule of Investments ─ IQ U.S. Large Cap R&D Leaders ETF (continued)

January 31, 2024 (unaudited)

The following is a summary of the inputs used to value the Fund's investments as of January 31, 2024. 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	$	6,509,989	$	—	$	—	$	6,509,989
Short-Term Investment:
Money Market Funds		1,949		—		—		1,949
Total Investments in Securities	$	6,511,938	$	—	$	—	$	6,511,938

(d) For a complete listing of investments and their industries, see the Schedule of Investments.

For the period ended January 31, 2024 the Fund did not have any transfers into or out of Level 3 within the fair value hierarchy.