United States

Securities and Exchange Commission

Washington, D.C. 20549

Schedule 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934

(Amendment No. __)

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

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☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☐ Definitive Proxy Statement

☒ Definitive Additional Materials

☐ Soliciting Material Under Rule 14a-12

IndexIQ Active ETF Trust

(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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☒ No fee required.

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☐ Fee paid previously with preliminary materials.

☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

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In connection with the mailing of the definitive proxy statement of IQ Ultra Short Duration ETF (the “Fund”), a series of IndexIQ Active ETF Trust, and the solicitation of proxies with respect to the proposals set forth in the definitive proxy statement, the following letter to be mailed to the Fund’s shareholders on December 6, 2023, serves as a reminder of the Special Meeting of Shareholders to be held on January 17, 2024 and an update of votes cast to date.

December 6, 2023

DEAR SHAREHOLDER,

The IQ Ultra Short Duration ETF (Ticker: ULTR) Special Meeting of Shareholders is to be held on January 17, 2024. I am pleased to report that your fellow shareholders have responded and shown strong support for the new subadvisor proposal and manager of manager proposal. Greater than 85% of the votes cast to date support the proposals.

Please join your fellow shareholders by taking a few minutes to sign, date, and mail the enclosed proxy card in the prepaid envelope or follow the instructions below to vote by telephone or internet.

You and your fellow shareholders will have a substantial impact on the vote if you act early. Please see voting options below:

	Vote by Phone by calling 1-833-288-9337 and speaking with a proxy voting specialist today. Our representatives are available weekdays from 9 a.m. to 10 p.m. Eastern time. You may also call the toll-free number on the enclosed card and follow the prompts.
:	Vote by Internet by visiting the internet address on the enclosed card and following the instructions.
*	Vote by Mail by completing, signing, and dating the enclosed card and returning it in the enclosed prepaid return envelope.

If you have any questions or need assistance in voting please contact our proxy solicitor, Morrow Sodali Fund Solutions (“MSFS”) at 1-833-288-9337. Please note that an MSFS representative may call you to assist in voting.

Thank you in advance for your vote,

Kirk C. Lehneis

President

Indexiq Active ETF Trust