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

January 31, 2024 (unaudited)

	Shares		Value
Common Stocks — 97.8%
Belgium — 0.3%
UCB SA		196	$	18,586
Brazil — 0.2%
MercadoLibre, Inc.*		7		11,983
Canada — 0.2%
Constellation Software, Inc.		4		11,125
China — 7.5%
Alibaba Group Holding Ltd.		7,311		65,046
Baidu, Inc., Class A*		2,123		27,538
BeiGene Ltd.*		1,065		12,336
BYD Co., Ltd., Class H		1,559		34,761
China Energy Engineering Corp., Ltd., Class H		163,180		14,403
China Petroleum & Chemical Corp., Class H		34,427		17,880
China Railway Group Ltd., Class H		88,635		40,478
Haier Smart Home Co., Ltd., Class H		4,844		13,663
JD.com, Inc., Class A		1,532		17,011
Kuaishou Technology*		2,275		11,379
Lenovo Group Ltd.		14,397		15,047
Li Auto, Inc., Class A*		659		8,936
Meituan, Class B*		2,489		19,916
Metallurgical Corp. of China Ltd., Class H		140,524		27,504
NetEase, Inc.		990		19,186
NIO, Inc., Class A*		2,182		12,309
NXP Semiconductors NV		78		16,424
PetroChina Co., Ltd., Class H		42,787		30,925
Tencent Holdings Ltd.		2,033		70,374
Trip.com Group Ltd.*		426		15,280
Weichai Power Co., Ltd., Class H		5,639		9,955
Xiaomi Corp., Class B*		11,528		18,168
ZTE Corp., Class H		12,793		22,224
Total China				540,743
Denmark — 0.7%
Genmab A/S*		31		8,678
Novo Nordisk A/S, Class B		403		45,505
Total Denmark				54,183
Finland — 0.6%
Nokia OYJ		12,856		46,391
France — 1.2%
Airbus SE		208		33,394
Dassault Systemes SE		240		12,575
L'Oreal SA		24		11,593
Renault SA		266		10,133
Thales SA		70		10,292
Valeo SE		934		12,342
Total France				90,329
Germany — 6.5%
BASF SE		396		19,125
Bayer AG		1,636		51,358
Bayerische Motoren Werke AG		622		65,389
Continental AG		487		40,310
Daimler Truck Holding AG		455		16,439
Infineon Technologies AG		454		16,642
Mercedes-Benz Group AG		850		58,030
Merck KGaA		157		25,990
SAP SE		394		68,820
Siemens AG		330		59,748
Siemens Energy AG*		880		13,349
Siemens Healthineers AG		312		17,576
Traton SE		804		19,842
Total Germany				472,618
Italy — 0.1%
Telecom Italia SpA*		31,124		9,429
Japan — 9.2%
Aisin Corp.		419		15,923

	Shares		Value
Common Stocks (continued)
Japan (continued)
Astellas Pharma, Inc.		1,606	$	18,952
Canon, Inc.		851		23,753
Chugai Pharmaceutical Co., Ltd.		300		10,974
Daiichi Sankyo Co., Ltd.		830		25,114
Denso Corp.		2,357		37,748
Eisai Co., Ltd.		226		10,820
FUJIFILM Holdings Corp.		169		10,879
Hitachi Ltd.		299		23,881
Honda Motor Co., Ltd.		5,927		67,937
Mazda Motor Corp.		1,227		15,290
Mitsubishi Electric Corp.		993		14,966
Nippon Telegraph & Telephone Corp.		14,011		17,857
Nissan Motor Co., Ltd.		5,028		20,239
Otsuka Holdings Co., Ltd.		528		21,037
Panasonic Holdings Corp.		3,259		31,403
Recruit Holdings Co., Ltd.		267		10,826
Renesas Electronics Corp.*		846		14,307
SoftBank Group Corp.		580		25,632
Sony Group Corp.		527		52,979
Sumitomo Chemical Co., Ltd.		5,256		12,563
Suzuki Motor Corp.		366		16,746
Takeda Pharmaceutical Co., Ltd.		1,586		47,328
TDK Corp.		255		12,982
Tokyo Electron Ltd.		74		14,107
Toyota Motor Corp.		4,407		90,446
Total Japan				664,689
Netherlands — 1.0%
ASML Holding NV		49		42,485
Koninklijke Philips NV*		912		19,591
Shell PLC		349		10,876
Total Netherlands				72,952
Singapore — 0.2%
STMicroelectronics NV		387		17,200
South Korea — 4.2%
Hyundai Mobis Co., Ltd.		60		9,441
Hyundai Motor Co.		121		17,642
Kia Corp.*		175		13,492
LG Chem Ltd.		36		11,720
LG Display Co., Ltd.		980		8,554
LG Electronics, Inc.		300		21,017
NAVER Corp.		79		11,868
Samsung Electronics Co., Ltd.		3,344		182,152
SK Hynix, Inc.		251		25,332
Total South Korea				301,218
Sweden — 0.8%
Telefonaktiebolaget LM Ericsson, B Shares		6,962		38,899
Volvo AB, B Shares		891		21,550
Total Sweden				60,449
Switzerland — 1.3%
ABB Ltd.		266		11,376
Novartis AG		812		84,622
Total Switzerland				95,998
Taiwan — 1.8%
Delta Electronics, Inc.		961		8,597
Hon Hai Precision Industry Co., Ltd.		10,024		32,827
MediaTek, Inc.		1,000		30,863
Taiwan Semiconductor Manufacturing Co., Ltd.		2,756		55,297
Total Taiwan				127,584
United Kingdom — 1.3%
AstraZeneca PLC		695		92,930
United States — 60.7%
3M Co.		130		12,266
Abbott Laboratories		197		22,291
AbbVie, Inc.		380		62,472

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

January 31, 2024 (unaudited)

	Shares		Value
Common Stocks (continued)
United States (continued)
Accenture PLC, Class A		29	$	10,553
Adobe, Inc.*		46		28,418
Advanced Micro Devices, Inc.*		320		53,661
Airbnb, Inc., Class A*		89		12,828
Alnylam Pharmaceuticals, Inc.*		42		7,262
Alphabet, Inc., Class A*		2,506		351,091
Amazon.com, Inc.*		2,620		406,624
Amgen, Inc.		129		40,540
Analog Devices, Inc.		64		12,311
Apple, Inc.		1,177		217,039
Applied Materials, Inc.		148		24,316
Aptiv PLC*		100		8,133
AT&T, Inc.		582		10,296
Atlassian Corp., Class A*		64		15,985
Autodesk, Inc.*		43		10,914
Becton Dickinson & Co.		41		9,791
Biogen, Inc.*		70		17,266
Block, Inc.*		273		17,748
Boeing Co. (The)*		97		20,471
Boston Scientific Corp.*		193		12,209
Bristol-Myers Squibb Co.		1,413		69,053
Broadcom, Inc.		36		42,480
Cadence Design Systems, Inc.*		41		11,827
Caterpillar, Inc.		53		15,916
Cisco Systems, Inc.		1,198		60,116
Corning, Inc.		273		8,870
Corteva, Inc.		221		10,051
CSL Ltd.		60		11,966
Cummins, Inc.		46		11,008
Danaher Corp.		59		14,155
Deere & Co.		44		17,318
DoorDash, Inc., Class A*		77		8,023
eBay, Inc.		277		11,376
Edwards Lifesciences Corp.*		105		8,239
Electronic Arts, Inc.		134		18,436
Eli Lilly & Co.		119		76,828
Expedia Group, Inc.*		70		10,383
Ford Motor Co.		5,046		59,139
GE HealthCare Technologies, Inc.		120		8,803
General Electric Co.		135		17,877
General Motors Co.		2,133		82,760
Gilead Sciences, Inc.		567		44,373
GSK PLC		3,553		70,945
Hewlett Packard Enterprise Co.		1,092		16,697
Honeywell International, Inc.		57		11,529
HP, Inc.		399		11,455
Illumina, Inc.*		83		11,870
Incyte Corp.*		210		12,342
Intel Corp.		2,783		119,892
International Business Machines Corp.		318		58,404
Intuit, Inc.		33		20,834
Intuitive Surgical, Inc.*		24		9,077
Johnson & Johnson		737		117,109
Juniper Networks, Inc.		298		11,014
KLA Corp.		17		10,099
Lam Research Corp.		17		14,028
Lockheed Martin Corp.		30		12,882
Marvell Technology, Inc.		245		16,586
Medtronic PLC		253		22,148
Merck & Co., Inc.		1,667		201,340
Meta Platforms, Inc., Class A*		814		317,574
Microchip Technology, Inc.		99		8,433
Micron Technology, Inc.		297		25,468
Microsoft Corp.		571		227,018
Moderna, Inc.*		375		37,894
Nestle SA		146		16,774
NetApp, Inc.		86		7,499
Netflix, Inc.*		44		24,821
Northrop Grumman Corp.		20		8,935
NVIDIA Corp.		130		79,985
Oracle Corp.		663		74,057
Palo Alto Networks, Inc.*		42		14,217

	Shares		Value
Common Stocks (continued)
United States (continued)
PayPal Holdings, Inc.*		384	$	23,558
Pfizer, Inc.		3,335		90,312
Pinterest, Inc., Class A*		222		8,318
Procter & Gamble Co. (The)		108		16,971
QUALCOMM, Inc.		479		71,136
Regeneron Pharmaceuticals, Inc.*		35		32,997
Rivian Automotive, Inc., Class A*(a)		587		8,987
ROBLOX Corp., Class A*		206		7,995
Roche Holding AG		472		135,958
RTX Corp.		268		24,420
Salesforce, Inc.*		141		39,634
Sanofi SA		671		68,048
Schneider Electric SE		78		15,497
ServiceNow, Inc.*		22		16,839
Snowflake, Inc., Class A*		45		8,804
Spotify Technology SA*		69		14,859
Stellantis NV		2,183		48,599
Stryker Corp.		33		11,071
Synopsys, Inc.*		27		14,400
Tesla, Inc.*		113		21,164
Texas Instruments, Inc.		85		13,610
Thermo Fisher Scientific, Inc.		21		11,319
Uber Technologies, Inc.*		393		25,651
Unity Software, Inc.*		210		6,804
Vertex Pharmaceuticals, Inc.*		67		29,036
Western Digital Corp.*		290		16,602
Workday, Inc., Class A*		70		20,375
Total United States				4,397,372
Total Common Stocks
(Cost $7,036,974)				7,085,779
Preferred Stock — 2.1%
Germany — 2.1%
Volkswagen AG, 7.31%
(Cost $193,139)		1,185		154,259
Rights — 0.0%(b)
South Korea — 0.0%(b)
LG Display Co., Ltd.*
(Cost $0)		311		117
Warrants — 0.0%(b)
Canada — 0.0%(b)
Constellation Software, Inc., expires 8/22/28*(c)
(Cost $0)		11		0
Total Investments — 99.9% (Cost $7,230,113)				7,240,155
Other Assets and Liabilities, Net — 0.1%				8,319
Net Assets — 100%			$	7,248,474

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

January 31, 2024 (unaudited)

Industry	Value		% of Net Assets
Information Technology	$	2,166,145		29.9	%
Health Care		1,778,112		24.5
Consumer Discretionary		1,627,689		22.5
Communication Services		946,653		13.1
Industrials		521,772		7.2
Energy		59,680		0.8
Materials		53,459		0.7
Consumer Staples		45,339		0.6
Financials		41,306		0.6
Total Investments	$	7,240,155		99.9	%
Other Assets and Liabilities, Net		8,319		0.1
Total Net Assets	$	7,248,474		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 $8,803; total market value of collateral held consisted of non-cash U.S. Treasury securities collateral having a value of $9,185.
(b)	Less than 0.05%.
(c)	Securities are fair valued as determined in good faith in accordance with the procedures established by the Board of Trustees. The securities are fair valued using significant unobservable inputs.

Schedule of Investments ─ IQ Global Equity 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	$	7,085,779	$	—	$	—		$	7,085,779
Preferred Stock		154,259		—		—			154,259
Rights		—		117		—			117
Warrants		—		—		0	(e)		—
Total Investments in Securities	$	7,240,038	$	117	$	0		$	7,240,155

(d)	For a complete listing of investments and their countries, see the Schedule of Investments.
(e)	The Level 3 securities, valued in total at $0, have been fair valued in good faith in accordance with procedures established by the Board of Trustees.

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.