Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks — 99.1% | ||||||||
| Australia — 7.0% | ||||||||
| ALS Ltd. | 35,535 | $ | 613,389 | |||||
| ANZ Group Holdings Ltd. | 170,352 | 4,379,781 | ||||||
| APA Group | 92,907 | 576,662 | ||||||
| Aristocrat Leisure Ltd. | 31,526 | 1,182,901 | ||||||
| ASX Ltd. | 14,692 | 589,553 | ||||||
| Atlas Arteria Ltd. | 97,265 | 338,651 | ||||||
| Aurizon Holdings Ltd. | 168,132 | 434,626 | ||||||
| BHP Group Ltd. | 268,659 | 9,517,731 | ||||||
| Brambles Ltd. | 80,850 | 1,268,724 | ||||||
| CAR Group Ltd. | 25,255 | 488,310 | ||||||
| Charter Hall Group | 35,827 | 577,519 | ||||||
| Cochlear Ltd. | 4,024 | 758,596 | ||||||
| Coles Group Ltd. | 79,860 | 1,190,529 | ||||||
| Commonwealth Bank of Australia | 91,172 | 9,539,704 | ||||||
| Computershare Ltd. | 33,557 | 768,958 | ||||||
| CSL Ltd. | 26,384 | 3,353,242 | ||||||
| Dexus | 88,246 | 415,435 | ||||||
| EBOS Group Ltd. | 9,494 | 147,638 | ||||||
| Endeavour Group Ltd. | 123,264 | 319,505 | ||||||
| Evolution Mining Ltd. | 125,599 | 1,294,309 | ||||||
| Fortescue Ltd. | 92,275 | 1,357,508 | ||||||
| Glencore PLC* | 565,272 | 3,872,656 | ||||||
| Goodman Group | 111,978 | 2,410,651 | ||||||
| GPT Group (The) | 174,970 | 648,423 | ||||||
| HUB24 Ltd. | 5,375 | 382,156 | ||||||
| Insurance Australia Group Ltd. | 145,609 | 775,248 | ||||||
| Lottery Corp., Ltd. (The) | 155,601 | 561,382 | ||||||
| Macquarie Group Ltd. | 20,018 | 2,975,529 | ||||||
| Medibank Pvt Ltd. | 194,347 | 629,012 | ||||||
| Mineral Resources Ltd.* | 10,999 | 440,361 | ||||||
| Mirvac Group | 320,889 | 449,598 | ||||||
| National Australia Bank Ltd. | 171,905 | 5,222,964 | ||||||
| Origin Energy Ltd. | 102,229 | 845,075 | ||||||
| PLS Group Ltd.* | 181,239 | 544,688 | ||||||
| Pro Medicus Ltd. | 3,241 | 418,041 | ||||||
| QBE Insurance Group Ltd. | 89,059 | 1,231,584 | ||||||
| Ramsay Health Care Ltd. | 14,046 | 357,780 | ||||||
| REA Group Ltd. | 3,285 | 436,673 | ||||||
| Region Group | 206,189 | 333,670 | ||||||
| Rio Tinto Ltd. | 21,590 | 2,292,175 | ||||||
| Rio Tinto PLC | 57,371 | 5,304,651 | ||||||
| Santos Ltd. | 198,746 | 976,013 | ||||||
| Scentre Group | 384,407 | 1,098,729 | ||||||
| SEEK Ltd. | 25,417 | 373,389 | ||||||
| Sonic Healthcare Ltd. | 32,580 | 523,809 | ||||||
| South32 Ltd. | 291,476 | 943,374 | ||||||
| Steadfast Group Ltd. | 95,020 | 348,142 | ||||||
| Stockland | 191,894 | 724,585 | ||||||
| Suncorp Group Ltd. | 69,474 | 827,390 | ||||||
| Technology One Ltd. | 21,025 | 371,025 | ||||||
| Telstra Group Ltd. | 258,037 | 882,147 | ||||||
| Transurban Group | 182,316 | 1,781,714 | ||||||
| Treasury Wine Estates Ltd. | 52,538 | 197,277 | ||||||
| Vicinity Ltd. | 297,974 | 513,514 | ||||||
| Wesfarmers Ltd. | 64,757 | 3,781,669 | ||||||
| Westpac Banking Corp. | 192,026 | 5,222,214 | ||||||
| WiseTech Global Ltd. | 11,155 | 453,249 | ||||||
| Woodside Energy Group Ltd. | 109,143 | 1,939,793 | ||||||
| Woolworths Group Ltd. | 71,878 | 1,557,957 | ||||||
| Total Australia | 91,761,578 | |||||||
| Austria — 0.3% | ||||||||
| ANDRITZ AG | 4,974 | 431,966 | ||||||
| Erste Group Bank AG | 16,130 | 2,101,210 | ||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Austria (continued) | ||||||||
| Mondi PLC | 26,387 | $ | 309,230 | |||||
| OMV AG | 10,169 | 605,485 | ||||||
| Raiffeisen Bank International AG | 9,188 | 466,516 | ||||||
| Strabag SE, Bearer | 1,966 | 204,650 | ||||||
| Verbund AG(a) | 4,359 | 321,254 | ||||||
| Total Austria | 4,440,311 | |||||||
| Belgium — 0.8% | ||||||||
| Ageas SA | 10,949 | 780,880 | ||||||
| Anheuser-Busch InBev SA | 48,507 | 3,467,011 | ||||||
| D’ieteren Group(a) | 1,422 | 326,327 | ||||||
| Groupe Bruxelles Lambert NV | 5,590 | 531,349 | ||||||
| KBC Group NV | 12,532 | 1,772,651 | ||||||
| Lotus Bakeries NV(a) | 24 | 282,662 | ||||||
| Sofina SA | 1,178 | 344,748 | ||||||
| Syensqo SA(a) | 4,206 | 355,362 | ||||||
| UCB SA | 6,489 | 1,971,604 | ||||||
| Warehouses De Pauw CVA | 12,123 | 344,690 | ||||||
| Total Belgium | 10,177,284 | |||||||
| Brazil — 0.0%(b) | ||||||||
| Yara International ASA | 10,077 | 465,268 | ||||||
| Cambodia — 0.0%(b) | ||||||||
| NagaCorp Ltd. | 58,416 | 34,408 | ||||||
| Chile — 0.1% | ||||||||
| Antofagasta PLC | 18,988 | 950,533 | ||||||
| China — 0.5% | ||||||||
| AAC Technologies Holdings, Inc. | 46,290 | 219,308 | ||||||
| BOC Aviation Ltd. | 19,183 | 199,206 | ||||||
| BOC Hong Kong Holdings Ltd. | 222,459 | 1,174,720 | ||||||
| Lenovo Group Ltd.(a) | 456,282 | 518,814 | ||||||
| MMG Ltd.*(a) | 245,461 | 323,418 | ||||||
| Nexteer Automotive Group Ltd. | 54,502 | 46,479 | ||||||
| Prosus NV* | 65,385 | 3,769,100 | ||||||
| Shenzhou International Group Holdings Ltd. | 49,848 | 397,650 | ||||||
| Wilmar International Ltd. | 157,277 | 420,149 | ||||||
| Xinyi Glass Holdings Ltd.(a) | 139,156 | 182,104 | ||||||
| Total China | 7,250,948 | |||||||
| Denmark — 1.6% | ||||||||
| Carlsberg A/S, Class B | 4,813 | 654,032 | ||||||
| Coloplast A/S, Class B | 7,205 | 615,223 | ||||||
| Danske Bank A/S | 35,465 | 1,816,415 | ||||||
| DSV A/S | 10,390 | 2,928,043 | ||||||
| Genmab A/S* | 3,441 | 1,108,408 | ||||||
| Novo Nordisk A/S, Class B | 169,417 | 9,973,882 | ||||||
| Novonesis Novozymes B, Class B | 19,580 | 1,203,085 | ||||||
| Orsted A/S* | 25,558 | 576,533 | ||||||
| Pandora A/S | 4,284 | 347,377 | ||||||
| Tryg A/S | 19,690 | 480,236 | ||||||
| Vestas Wind Systems A/S | 56,479 | 1,724,368 | ||||||
| Total Denmark | 21,427,602 | |||||||
| Finland — 1.0% | ||||||||
| Elisa OYJ | 9,187 | 406,135 | ||||||
| Fortum OYJ | 23,472 | 556,098 | ||||||
| Kesko OYJ, B Shares | 16,712 | 424,271 | ||||||
| Kone OYJ, Class B | 17,223 | 1,242,069 | ||||||
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Finland (continued) | ||||||||
| Metso Outotec OYJ(a) | 37,265 | $ | 732,151 | |||||
| Neste OYJ | 22,311 | 572,254 | ||||||
| Nokia OYJ | 272,717 | 1,759,758 | ||||||
| Nordea Bank Abp | 175,302 | 3,402,475 | ||||||
| Orion OYJ, Class B | 6,145 | 509,171 | ||||||
| Sampo OYJ, A Shares | 142,466 | 1,593,162 | ||||||
| Stora Enso OYJ, R Shares(a) | 31,853 | 369,013 | ||||||
| UPM-Kymmene OYJ(a) | 28,314 | 787,192 | ||||||
| Wartsila OYJ Abp | 25,236 | 1,026,757 | ||||||
| Total Finland | 13,380,506 | |||||||
| France — 7.6% | ||||||||
| Accor SA | 13,223 | 721,415 | ||||||
| Air Liquide SA | 31,605 | 5,938,392 | ||||||
| Airbus SE | 31,495 | 7,246,345 | ||||||
| Alstom SA*(a) | 20,027 | 643,757 | ||||||
| Arkema SA | 3,904 | 236,168 | ||||||
| AXA SA | 92,419 | 4,225,252 | ||||||
| BioMerieux | 2,919 | 339,621 | ||||||
| BNP Paribas SA | 53,967 | 5,855,231 | ||||||
| Bouygues SA | 12,748 | 691,709 | ||||||
| Capgemini SE | 8,622 | 1,345,745 | ||||||
| Carrefour SA | 33,196 | 546,566 | ||||||
| Cie de Saint-Gobain SA | 24,976 | 2,472,701 | ||||||
| Cie Generale des Etablissements Michelin SCA | 39,979 | 1,491,044 | ||||||
| Danone SA | 35,979 | 2,818,123 | ||||||
| Dassault Systemes SE | 37,278 | 1,029,759 | ||||||
| Edenred SE | 14,151 | 297,471 | ||||||
| Eiffage SA | 4,719 | 701,467 | ||||||
| Engie SA | 99,380 | 2,967,520 | ||||||
| EssilorLuxottica SA | 15,624 | 4,793,630 | ||||||
| Gecina SA, Class Series 2022-P1 C, 3.30%, expires 4/10/28 | 4,079 | 375,834 | ||||||
| Getlink SE | 21,042 | 418,297 | ||||||
| Hermes International SCA | 1,831 | 4,419,685 | ||||||
| Kering SA | 3,866 | 1,214,880 | ||||||
| Klepierre SA | 14,058 | 542,532 | ||||||
| Legrand SA | 14,756 | 2,369,864 | ||||||
| L’Oreal SA | 12,225 | 5,628,346 | ||||||
| LVMH Moet Hennessy Louis Vuitton SE | 13,574 | 8,831,546 | ||||||
| Orange SA | 124,499 | 2,313,491 | ||||||
| Pernod Ricard SA | 10,412 | 929,992 | ||||||
| Publicis Groupe SA | 12,969 | 1,299,091 | ||||||
| Renault SA | 10,552 | 400,197 | ||||||
| Rexel SA | 13,516 | 571,461 | ||||||
| Safran SA | 18,811 | 6,735,957 | ||||||
| Sartorius Stedim Biotech | 1,605 | 359,539 | ||||||
| Societe Generale SA | 39,058 | 3,429,157 | ||||||
| Sodexo SA(a) | 5,346 | 274,366 | ||||||
| Teleperformance SE | 3,091 | 200,776 | ||||||
| Thales SA | 5,136 | 1,564,177 | ||||||
| TotalEnergies SE | 101,047 | 7,350,905 | ||||||
| Unibail-Rodamco-Westfield* | 7,201 | 796,704 | ||||||
| Veolia Environnement SA | 34,905 | 1,313,433 | ||||||
| Vinci SA | 27,720 | 3,995,191 | ||||||
| Total France | 99,697,337 | |||||||
| Germany — 7.8% | ||||||||
| adidas AG | 9,201 | 1,632,598 | ||||||
| Allianz SE | 21,197 | 9,375,722 | ||||||
| BASF SE | 49,855 | 2,725,899 | ||||||
| Bayer AG | 53,992 | 2,862,171 | ||||||
| Bayerische Motoren Werke AG | 19,425 | 2,020,193 | ||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Germany (continued) | ||||||||
| Bechtle AG | 5,618 | $ | 293,004 | |||||
| Beiersdorf AG | 5,992 | 716,049 | ||||||
| Brenntag SE | 7,849 | 479,953 | ||||||
| Commerzbank AG | 38,186 | 1,575,903 | ||||||
| Continental AG | 6,642 | 526,568 | ||||||
| CTS Eventim AG & Co. KGaA | 3,681 | 310,699 | ||||||
| Daimler Truck Holding AG | 28,975 | 1,411,901 | ||||||
| Deutsche Bank AG | 99,125 | 3,926,887 | ||||||
| Deutsche Boerse AG | 10,302 | 2,614,167 | ||||||
| Deutsche Lufthansa AG | 41,141 | 425,809 | ||||||
| Deutsche Post AG | 51,196 | 2,882,051 | ||||||
| Deutsche Telekom AG | 188,586 | 6,320,002 | ||||||
| E.ON SE | 126,337 | 2,685,063 | ||||||
| Fresenius Medical Care AG | 12,403 | 559,373 | ||||||
| Fresenius SE & Co. KGaA | 23,845 | 1,339,221 | ||||||
| GEA Group AG | 9,428 | 677,450 | ||||||
| Hannover Rueck SE | 3,652 | 1,037,495 | ||||||
| Heidelberg Materials AG | 7,068 | 1,944,881 | ||||||
| Henkel AG & Co. KGaA | 6,069 | 502,874 | ||||||
| Infineon Technologies AG | 71,188 | 3,523,915 | ||||||
| KION Group AG | 4,752 | 337,498 | ||||||
| Knorr-Bremse AG | 4,375 | 512,407 | ||||||
| LEG Immobilien SE | 4,940 | 357,315 | ||||||
| Mercedes-Benz Group AG | 41,905 | 2,880,975 | ||||||
| Merck KGaA | 7,456 | 1,113,637 | ||||||
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 7,177 | 4,374,949 | ||||||
| Nemetschek SE | 3,552 | 312,487 | ||||||
| RENK Group AG | 4,279 | 275,143 | ||||||
| Rheinmetall AG | 2,421 | 5,130,995 | ||||||
| RWE AG | 37,603 | 2,394,195 | ||||||
| SAP SE | 55,159 | 11,192,176 | ||||||
| Scout24 SE | 4,672 | 467,156 | ||||||
| Siemens AG | 39,499 | 12,043,582 | ||||||
| Siemens Energy AG* | 40,015 | 6,881,163 | ||||||
| Siemens Healthineers AG | 17,408 | 873,320 | ||||||
| Vonovia SE | 40,019 | 1,171,652 | ||||||
| Zalando SE* | 13,654 | 395,368 | ||||||
| Total Germany | 103,083,866 | |||||||
| Hong Kong — 1.7% | ||||||||
| AIA Group Ltd. | 574,188 | 6,642,750 | ||||||
| ASMPT Ltd. | 25,141 | 334,475 | ||||||
| CK Asset Holdings Ltd. | 123,434 | 724,511 | ||||||
| CLP Holdings Ltd. | 101,046 | 956,804 | ||||||
| Henderson Land Development Co., Ltd. | 112,122 | 446,782 | ||||||
| Hong Kong & China Gas Co., Ltd. | 725,781 | 684,918 | ||||||
| Hong Kong Exchanges & Clearing Ltd. | 65,724 | 3,637,260 | ||||||
| Hongkong Land Holdings Ltd. | 72,269 | 613,564 | ||||||
| Link REIT | 161,454 | 742,593 | ||||||
| MTR Corp., Ltd.(a) | 127,265 | 563,507 | ||||||
| Power Assets Holdings Ltd. | 88,829 | 689,845 | ||||||
| Prudential PLC | 136,184 | 2,250,952 | ||||||
| Sino Land Co., Ltd. | 318,569 | 480,523 | ||||||
| Sun Hung Kai Properties Ltd. | 87,855 | 1,414,059 | ||||||
| Swire Pacific Ltd., Class A | 31,280 | 301,998 | ||||||
| Techtronic Industries Co., Ltd. | 81,103 | 1,105,993 | ||||||
| WH Group Ltd. | 501,608 | 589,621 | ||||||
| Wharf Real Estate Investment Co., Ltd. | 110,662 | 385,136 | ||||||
| Total Hong Kong | 22,565,291 | |||||||
| Indonesia — 0.1% | ||||||||
| Jardine Matheson Holdings Ltd. | 10,201 | 742,327 | ||||||
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Ireland — 0.3% | ||||||||
| AIB Group PLC | 117,367 | $ | 1,319,468 | |||||
| Bank of Ireland Group PLC | 53,511 | 1,091,444 | ||||||
| Kerry Group PLC, Class A | 9,065 | 806,659 | ||||||
| Kingspan Group PLC | 8,291 | 724,962 | ||||||
| Total Ireland | 3,942,533 | |||||||
| Israel — 1.1% | ||||||||
| Bank Hapoalim BM | 95,606 | 2,378,085 | ||||||
| Bank Leumi Le-Israel BM | 108,081 | 2,613,543 | ||||||
| Big Shopping Centers Ltd. | 3,901 | 943,945 | ||||||
| Camtek Ltd.* | 3,247 | 502,432 | ||||||
| Elbit Systems Ltd. | 1,080 | 768,133 | ||||||
| ICL Group Ltd. | 59,797 | 326,616 | ||||||
| Israel Discount Bank Ltd., Class A | 113,266 | 1,343,256 | ||||||
| Migdal Insurance & Financial Holdings Ltd.* | 171,208 | 925,179 | ||||||
| Mizrahi Tefahot Bank Ltd. | 16,549 | 1,303,400 | ||||||
| Nice Ltd.* | 3,135 | 335,878 | ||||||
| Shufersal Ltd. | 16,953 | 219,647 | ||||||
| Teva Pharmaceutical Industries Ltd.* | 59,587 | 1,947,414 | ||||||
| Tower Semiconductor Ltd.* | 7,673 | 1,046,273 | ||||||
| Total Israel | 14,653,801 | |||||||
| Italy — 3.0% | ||||||||
| Banca Monte dei Paschi di Siena SpA | 114,227 | 1,186,869 | ||||||
| Banco BPM SpA | 87,786 | 1,317,970 | ||||||
| BPER Banca SpA | 86,256 | 1,216,499 | ||||||
| Brunello Cucinelli SpA(a) | 2,503 | 240,003 | ||||||
| Coca-Cola HBC AG* | 11,803 | 639,768 | ||||||
| Davide Campari-Milano NV(a) | 39,319 | 279,908 | ||||||
| Enel SpA | 427,345 | 4,732,122 | ||||||
| Eni SpA | 120,627 | 2,472,008 | ||||||
| Ferrari NV | 6,619 | 2,211,110 | ||||||
| FinecoBank Banca Fineco SpA | 41,278 | 1,097,532 | ||||||
| Generali(a) | 58,091 | 2,376,632 | ||||||
| Intesa Sanpaolo SpA | 847,993 | 6,018,614 | ||||||
| Leonardo SpA | 23,032 | 1,542,627 | ||||||
| Mediobanca Banca di Credito Finanziario SpA | 8,507 | 178,423 | ||||||
| Moncler SpA | 13,781 | 803,501 | ||||||
| Nexi SpA(a) | 31,369 | 134,532 | ||||||
| PRADA SpA | 32,554 | 166,903 | ||||||
| Prysmian SpA | 17,044 | 2,036,772 | ||||||
| Recordati Industria Chimica e Farmaceutica SpA | 8,177 | 450,787 | ||||||
| Snam SpA(a) | 159,568 | 1,100,639 | ||||||
| Telecom Italia SpA* | 1,057,228 | 716,910 | ||||||
| Terna - Rete Elettrica Nazionale | 105,267 | 1,142,862 | ||||||
| UniCredit SpA | 82,813 | 7,236,212 | ||||||
| Total Italy | 39,299,203 | |||||||
| Ivory Coast (Cote D’Ivoire) — 0.1% | ||||||||
| Endeavour Mining PLC | 12,613 | 730,752 | ||||||
| Japan — 22.9% | ||||||||
| Advantest Corp. | 39,775 | 6,576,309 | ||||||
| Aeon Co., Ltd. | 150,482 | 2,063,201 | ||||||
| AGC, Inc. | 17,083 | 631,116 | ||||||
| Aisin Corp. | 39,300 | 704,042 | ||||||
| Ajinomoto Co., Inc. | 58,355 | 1,331,580 | ||||||
| Aozora Bank Ltd.(a) | 16,079 | 260,791 | ||||||
| Asahi Group Holdings Ltd. | 93,153 | 973,741 | ||||||
| Asahi Intecc Co., Ltd. | 16,399 | 273,210 | ||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Japan (continued) | ||||||||
| Asahi Kasei Corp. | 100,187 | $ | 973,878 | |||||
| Asics Corp. | 38,486 | 926,847 | ||||||
| Astellas Pharma, Inc. | 111,245 | 1,546,151 | ||||||
| Bandai Namco Holdings, Inc. | 32,360 | 841,201 | ||||||
| BayCurrent, Inc. | 8,368 | 295,153 | ||||||
| Bic Camera, Inc.(a) | 16,727 | 186,235 | ||||||
| Bridgestone Corp. | 72,977 | 1,648,677 | ||||||
| Brother Industries Ltd. | 19,123 | 389,501 | ||||||
| Canon, Inc. | 52,361 | 1,590,246 | ||||||
| Capcom Co., Ltd. | 20,992 | 535,618 | ||||||
| Central Japan Railway Co. | 53,505 | 1,493,881 | ||||||
| Chubu Electric Power Co., Inc. | 53,285 | 776,857 | ||||||
| Chugai Pharmaceutical Co., Ltd. | 35,561 | 2,028,863 | ||||||
| CyberAgent, Inc. | 30,423 | 276,205 | ||||||
| Dai Nippon Printing Co., Ltd. | 31,549 | 566,005 | ||||||
| Daifuku Co., Ltd. | 22,343 | 802,123 | ||||||
| Dai-ichi Life Holdings, Inc. | 201,348 | 1,765,352 | ||||||
| Daiichi Sankyo Co., Ltd. | 100,620 | 1,849,853 | ||||||
| Daikin Industries Ltd. | 15,758 | 1,898,499 | ||||||
| Daito Trust Construction Co., Ltd. | 23,792 | 483,521 | ||||||
| Daiwa House Industry Co., Ltd. | 37,854 | 1,290,756 | ||||||
| Daiwa Securities Group, Inc. | 101,396 | 988,259 | ||||||
| Daiwa Securities Living Investments Corp. | 513 | 381,774 | ||||||
| Denso Corp. | 109,934 | 1,527,217 | ||||||
| Dentsu Group, Inc.*(a) | 14,770 | 286,524 | ||||||
| Disco Corp. | 4,918 | 2,110,219 | ||||||
| East Japan Railway Co. | 65,342 | 1,649,011 | ||||||
| Ebara Corp. | 29,908 | 902,707 | ||||||
| Eisai Co., Ltd. | 16,627 | 464,664 | ||||||
| ENEOS Holdings, Inc. | 169,287 | 1,424,991 | ||||||
| FANUC Corp. | 54,490 | 2,214,429 | ||||||
| Fast Retailing Co., Ltd. | 9,802 | 3,736,274 | ||||||
| Fuji Electric Co., Ltd. | 9,763 | 695,549 | ||||||
| FUJIFILM Holdings Corp. | 70,223 | 1,405,279 | ||||||
| Fujikura Ltd. | 15,272 | 1,937,463 | ||||||
| Fujitsu Ltd. | 96,230 | 2,671,808 | ||||||
| GLP J-Reit | 517 | 476,581 | ||||||
| Hamamatsu Photonics K.K. | 24,012 | 266,489 | ||||||
| Hankyu Hanshin Holdings, Inc. | 20,610 | 576,642 | ||||||
| Hikari Tsushin, Inc. | 1,272 | 350,530 | ||||||
| Hirose Electric Co., Ltd. | 3,034 | 326,195 | ||||||
| Hitachi Ltd. | 238,228 | 8,279,141 | ||||||
| Honda Motor Co., Ltd. | 214,655 | 2,163,805 | ||||||
| Hoya Corp. | 18,903 | 3,170,106 | ||||||
| Idemitsu Kosan Co., Ltd. | 58,477 | 495,269 | ||||||
| IHI Corp. | 53,787 | 1,244,082 | ||||||
| Inpex Corp. | 57,114 | 1,274,754 | ||||||
| Isetan Mitsukoshi Holdings Ltd. | 21,483 | 344,750 | ||||||
| Isuzu Motors Ltd. | 38,901 | 626,663 | ||||||
| ITOCHU Corp. | 346,434 | 4,426,432 | ||||||
| J Front Retailing Co., Ltd. | 20,546 | 300,145 | ||||||
| Japan Logistics Fund, Inc. | 553 | 362,429 | ||||||
| Japan Post Bank Co., Ltd. | 115,793 | 2,056,741 | ||||||
| Japan Post Holdings Co., Ltd. | 110,602 | 1,329,647 | ||||||
| Japan Steel Works Ltd. (The) | 4,809 | 266,076 | ||||||
| Japan Tobacco, Inc. | 67,762 | 2,451,573 | ||||||
| Kajima Corp. | 30,314 | 1,238,028 | ||||||
| Kansai Electric Power Co., Inc. (The) | 59,260 | 948,099 | ||||||
| Kao Corp. | 28,675 | 1,149,900 | ||||||
| Kawasaki Heavy Industries Ltd. | 9,766 | 815,099 | ||||||
| Kawasaki Kisen Kaisha Ltd.(a) | 23,221 | 335,535 | ||||||
| KDDI Corp. | 160,644 | 2,714,369 | ||||||
| Keio Corp. | 11,022 | 275,586 | ||||||
| Keisei Electric Railway Co., Ltd. | 33,078 | 261,819 | ||||||
| Kewpie Corp. | 13,872 | 389,830 | ||||||
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Japan (continued) | ||||||||
| Keyence Corp. | 10,432 | $ | 3,816,816 | |||||
| Kikkoman Corp.(a) | 49,899 | 449,790 | ||||||
| Kintetsu Group Holdings Co., Ltd.(a) | 17,628 | 366,479 | ||||||
| Kirin Holdings Co., Ltd. | 60,844 | 943,465 | ||||||
| Kobe Bussan Co., Ltd. | 9,783 | 241,309 | ||||||
| Kobe Steel Ltd. | 29,153 | 420,778 | ||||||
| Koito Manufacturing Co., Ltd. | 20,142 | 315,396 | ||||||
| Komatsu Ltd. | 55,680 | 2,140,067 | ||||||
| Konami Group Corp. | 5,703 | 830,717 | ||||||
| Kotobuki Spirits Co., Ltd. | 10,894 | 126,270 | ||||||
| K’s Holdings Corp. | 21,353 | 222,652 | ||||||
| Kubota Corp. | 65,949 | 1,013,005 | ||||||
| Kuraray Co., Ltd. | 28,347 | 306,054 | ||||||
| Kurita Water Industries Ltd. | 10,232 | 511,600 | ||||||
| Kyocera Corp. | 88,285 | 1,320,898 | ||||||
| Kyoto Financial Group, Inc. | 23,172 | 559,847 | ||||||
| Kyowa Kirin Co., Ltd. | 20,561 | 333,820 | ||||||
| Kyushu Electric Power Co., Inc. | 34,717 | 387,657 | ||||||
| Lasertec Corp.(a) | 4,541 | 1,071,224 | ||||||
| Lion Corp. | 23,866 | 256,359 | ||||||
| Lixil Corp. | 28,328 | 325,498 | ||||||
| LY Corp. | 170,937 | 439,476 | ||||||
| M3, Inc. | 26,045 | 322,566 | ||||||
| Makita Corp. | 16,563 | 574,540 | ||||||
| Marubeni Corp. | 85,016 | 2,818,986 | ||||||
| Marui Group Co., Ltd. | 18,973 | 372,179 | ||||||
| MatsukiyoCocokara & Co. | 25,040 | 402,237 | ||||||
| MEIJI Holdings Co., Ltd. | 22,202 | 521,443 | ||||||
| MINEBEA MITSUMI, Inc. | 28,433 | 577,839 | ||||||
| MISUMI Group, Inc. | 19,371 | 320,464 | ||||||
| Mitsubishi Chemical Group Corp. | 109,276 | 722,556 | ||||||
| Mitsubishi Corp. | 178,614 | 4,743,819 | ||||||
| Mitsubishi Electric Corp. | 112,307 | 3,516,419 | ||||||
| Mitsubishi Estate Co., Ltd. | 68,174 | 1,741,252 | ||||||
| Mitsubishi Heavy Industries Ltd. | 174,513 | 5,112,305 | ||||||
| Mitsubishi UFJ Financial Group, Inc. | 600,411 | 10,915,679 | ||||||
| Mitsui & Co., Ltd. | 141,629 | 4,622,728 | ||||||
| Mitsui Chemicals, Inc. | 32,736 | 478,753 | ||||||
| Mitsui Fudosan Co., Ltd. | 156,124 | 1,788,858 | ||||||
| Mitsui OSK Lines Ltd.(a) | 19,916 | 624,747 | ||||||
| Mizuho Financial Group, Inc. | 136,796 | 6,015,087 | ||||||
| Modec, Inc. | 4,016 | 390,510 | ||||||
| Money Forward, Inc.* | 3,733 | 94,450 | ||||||
| Morinaga Milk Industry Co., Ltd. | 8,877 | 229,032 | ||||||
| MS&AD Insurance Group Holdings, Inc. | 72,553 | 1,849,335 | ||||||
| Murata Manufacturing Co., Ltd. | 95,761 | 1,946,755 | ||||||
| NEC Corp. | 71,420 | 2,412,150 | ||||||
| Nexon Co., Ltd. | 25,390 | 606,193 | ||||||
| NGK Insulators Ltd. | 27,998 | 669,549 | ||||||
| NH Foods Ltd. | 10,423 | 470,812 | ||||||
| NIDEC CORP | 54,869 | 784,656 | ||||||
| Nintendo Co., Ltd. | 54,790 | 3,571,331 | ||||||
| Nippon Building Fund, Inc. | 747 | 694,895 | ||||||
| NIPPON EXPRESS HOLDINGS INC | 18,694 | 424,996 | ||||||
| Nippon Paint Holdings Co., Ltd.(a) | 60,947 | 404,772 | ||||||
| Nippon Prologis REIT, Inc. | 710 | 415,616 | ||||||
| Nippon Sanso Holdings Corp. | 13,722 | 417,015 | ||||||
| Nippon Steel Corp. | 311,869 | 1,305,823 | ||||||
| Nippon Yusen K.K.(a) | 23,908 | 786,084 | ||||||
| Nissan Chemical Corp. | 11,210 | 386,820 | ||||||
| Nissan Motor Co., Ltd.*(a) | 140,810 | 344,403 | ||||||
| Nisshin Seifun Group, Inc. | 30,613 | 389,757 | ||||||
| Nissin Foods Holdings Co., Ltd.(a) | 16,866 | 342,218 | ||||||
| Nitto Denko Corp. | 43,447 | 964,926 | ||||||
| Nomura Holdings, Inc. | 183,214 | 1,678,215 | ||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Japan (continued) | ||||||||
| Nomura Real Estate Master Fund, Inc. | 474 | $ | 513,454 | |||||
| Nomura Research Institute Ltd. | 25,680 | 782,586 | ||||||
| NSK Ltd. | 68,123 | 474,291 | ||||||
| NTT, Inc. | 1,699,486 | 1,706,537 | ||||||
| Obayashi Corp. | 48,744 | 1,101,843 | ||||||
| Obic Co., Ltd. | 22,994 | 640,511 | ||||||
| Odakyu Electric Railway Co., Ltd. | 29,676 | 318,768 | ||||||
| Oji Holdings Corp. | 83,855 | 497,498 | ||||||
| Olympus Corp. | 63,535 | 758,252 | ||||||
| Omron Corp. | 13,772 | 349,701 | ||||||
| Ono Pharmaceutical Co., Ltd.(a) | 31,425 | 469,053 | ||||||
| Oriental Land Co., Ltd. | 61,381 | 1,078,127 | ||||||
| ORIX Corp. | 69,301 | 2,108,770 | ||||||
| Osaka Gas Co., Ltd. | 25,957 | 974,944 | ||||||
| Otsuka Corp. | 18,955 | 376,249 | ||||||
| Otsuka Holdings Co., Ltd. | 25,643 | 1,536,153 | ||||||
| Pan Pacific International Holdings Corp. | 122,270 | 725,963 | ||||||
| Panasonic Holdings Corp. | 129,662 | 1,779,427 | ||||||
| Pola Orbis Holdings, Inc.(a) | 21,817 | 191,143 | ||||||
| Rakuten Group, Inc.* | 88,807 | 532,520 | ||||||
| Recruit Holdings Co., Ltd. | 72,916 | 3,828,728 | ||||||
| Renesas Electronics Corp.* | 92,133 | 1,538,536 | ||||||
| Resonac Holdings Corp. | 13,843 | 803,156 | ||||||
| Ricoh Co., Ltd. | 40,983 | 361,849 | ||||||
| Rohm Co., Ltd. | 28,847 | 503,785 | ||||||
| Ryohin Keikaku Co., Ltd. | 31,394 | 627,025 | ||||||
| Sanrio Co., Ltd. | 11,449 | 352,911 | ||||||
| Santen Pharmaceutical Co., Ltd. | 31,317 | 352,839 | ||||||
| Sanwa Holdings Corp. | 14,736 | 334,345 | ||||||
| SBI Holdings, Inc. | 38,151 | 861,650 | ||||||
| SCREEN Holdings Co., Ltd. | 5,691 | 725,302 | ||||||
| Secom Co., Ltd. | 28,377 | 1,041,005 | ||||||
| Sekisui Chemical Co., Ltd. | 33,747 | 597,890 | ||||||
| Sekisui House Ltd.(a) | 45,602 | 1,016,334 | ||||||
| Seven & I Holdings Co., Ltd. | 124,520 | 1,784,738 | ||||||
| Shimadzu Corp. | 19,642 | 530,204 | ||||||
| Shimamura Co., Ltd. | 4,879 | 328,145 | ||||||
| Shimano, Inc. | 4,754 | 543,323 | ||||||
| Shimizu Corp. | 38,747 | 687,856 | ||||||
| Shin-Etsu Chemical Co., Ltd. | 103,530 | 3,442,275 | ||||||
| Shionogi & Co., Ltd. | 49,649 | 1,021,560 | ||||||
| Shiseido Co., Ltd.(a) | 24,570 | 418,738 | ||||||
| Shizuoka Financial Group, Inc. | 39,608 | 646,525 | ||||||
| SMC Corp. | 3,316 | 1,292,995 | ||||||
| Socionext, Inc. | 11,769 | 157,279 | ||||||
| SoftBank Corp. | 1,732,979 | 2,347,936 | ||||||
| SoftBank Group Corp. | 209,652 | 5,780,176 | ||||||
| Sompo Holdings, Inc. | 52,249 | 1,800,568 | ||||||
| Sony Financial Group, Inc.* | 315,136 | 317,669 | ||||||
| Sony Group Corp. | 324,910 | 7,274,985 | ||||||
| Stanley Electric Co., Ltd. | 13,553 | 267,528 | ||||||
| Subaru Corp. | 36,586 | 789,068 | ||||||
| Sumitomo Corp. | 60,815 | 2,463,587 | ||||||
| Sumitomo Electric Industries Ltd. | 46,326 | 2,019,292 | ||||||
| Sumitomo Forestry Co., Ltd.(a) | 35,932 | 390,044 | ||||||
| Sumitomo Metal Mining Co., Ltd. | 18,412 | 1,117,181 | ||||||
| Sumitomo Mitsui Financial Group, Inc. | 204,849 | 7,266,522 | ||||||
| Sumitomo Realty & Development Co., Ltd. | 40,868 | 1,137,871 | ||||||
| Suntory Beverage & Food Ltd. | 13,083 | 413,286 | ||||||
| Suzuki Motor Corp. | 102,593 | 1,400,960 | ||||||
| Sysmex Corp. | 29,345 | 279,069 | ||||||
| Taisei Corp. | 10,475 | 1,045,055 | ||||||
| Takeda Pharmaceutical Co., Ltd. | 92,275 | 3,135,651 | ||||||
| TDK Corp. | 110,640 | 1,420,834 | ||||||
| Teijin Ltd. | 30,157 | 292,167 | ||||||
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Japan (continued) | ||||||||
| Terumo Corp. | 85,024 | $ | 1,111,992 | |||||
| TIS, Inc. | 14,797 | 431,459 | ||||||
| Tobu Railway Co., Ltd. | 21,314 | 376,788 | ||||||
| Toho Co., Ltd. | 7,997 | 408,352 | ||||||
| Tokio Marine Holdings, Inc. | 102,430 | 3,802,778 | ||||||
| Tokyo Electric Power Co. Holdings, Inc.* | 95,900 | 361,133 | ||||||
| Tokyo Electron Ltd. | 24,220 | 6,485,986 | ||||||
| Tokyo Gas Co., Ltd. | 21,063 | 934,768 | ||||||
| Tokyu Corp. | 41,990 | 475,130 | ||||||
| Tokyu Fudosan Holdings Corp. | 59,656 | 551,661 | ||||||
| Tomy Co., Ltd. | 8,275 | 146,178 | ||||||
| TOPPAN Holdings, Inc. | 16,940 | 523,157 | ||||||
| Toray Industries, Inc. | 99,127 | 731,597 | ||||||
| Tosoh Corp. | 27,472 | 448,962 | ||||||
| TOTO Ltd. | 11,388 | 358,856 | ||||||
| Toyo Suisan Kaisha Ltd. | 6,093 | 435,666 | ||||||
| Toyota Industries Corp.(a) | 10,410 | 1,333,136 | ||||||
| Toyota Motor Corp. | 573,862 | 13,035,216 | ||||||
| Toyota Tsusho Corp. | 43,588 | 1,584,042 | ||||||
| Trend Micro, Inc. | 8,519 | 334,111 | ||||||
| Unicharm Corp. | 80,507 | 490,265 | ||||||
| USS Co., Ltd. | 38,568 | 426,783 | ||||||
| West Japan Railway Co. | 34,207 | 700,505 | ||||||
| Workman Co., Ltd. | 3,115 | 128,429 | ||||||
| Yakult Honsha Co., Ltd. | 18,216 | 294,271 | ||||||
| Yamaha Corp. | 30,575 | 221,692 | ||||||
| Yamaha Motor Co., Ltd.(a) | 64,570 | 487,017 | ||||||
| Yamato Holdings Co., Ltd. | 24,351 | 318,950 | ||||||
| Yaskawa Electric Corp. | 17,816 | 567,650 | ||||||
| Yokogawa Electric Corp. | 19,444 | 646,369 | ||||||
| Yokohama Financial Group, Inc. | 81,266 | 739,644 | ||||||
| Zenkoku Hosho Co., Ltd. | 16,506 | 328,815 | ||||||
| Zensho Holdings Co., Ltd. | 6,166 | 334,841 | ||||||
| Total Japan | 301,694,273 | |||||||
| Luxembourg — 0.1% | ||||||||
| ArcelorMittal SA | 23,169 | 1,267,352 | ||||||
| Eurofins Scientific SE | 6,792 | 550,580 | ||||||
| RTL Group SA | 2,038 | 89,344 | ||||||
| Total Luxembourg | 1,907,276 | |||||||
| Macau — 0.1% | ||||||||
| Galaxy Entertainment Group Ltd. | 128,326 | 653,978 | ||||||
| Sands China Ltd. | 142,547 | 310,841 | ||||||
| Total Macau | 964,819 | |||||||
| Netherlands — 4.3% | ||||||||
| ABN AMRO Bank NV | 33,898 | 1,252,554 | ||||||
| Adyen NV* | 1,410 | 2,102,470 | ||||||
| Akzo Nobel NV | 9,881 | 697,070 | ||||||
| Argenx SE*(a) | 3,285 | 2,750,462 | ||||||
| ASM International NV | 2,449 | 2,067,977 | ||||||
| ASML Holding NV | 20,817 | 30,104,387 | ||||||
| ASR Nederland NV | 10,647 | 774,921 | ||||||
| BE Semiconductor Industries NV | 3,855 | 754,417 | ||||||
| Euronext NV | 5,779 | 810,564 | ||||||
| EXOR NV(a) | 5,381 | 442,346 | ||||||
| Heineken Holding NV | 6,497 | 481,528 | ||||||
| Heineken NV | 15,004 | 1,237,690 | ||||||
| ING Groep NV | 161,596 | 4,771,483 | ||||||
| Koninklijke Ahold Delhaize NV | 51,349 | 2,013,447 | ||||||
| Koninklijke KPN NV | 230,018 | 1,124,121 | ||||||
| Koninklijke Philips NV | 41,625 | 1,194,903 | ||||||
| Magnum Ice Cream Co. NV (The)* | 26,423 | 471,325 | ||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Netherlands (continued) | ||||||||
| NN Group NV | 16,411 | $ | 1,303,774 | |||||
| Randstad NV(a) | 7,214 | 258,409 | ||||||
| Universal Music Group NV | 52,281 | 1,286,220 | ||||||
| Wolters Kluwer NV | 13,166 | 1,235,497 | ||||||
| Total Netherlands | 57,135,565 | |||||||
| New Zealand — 0.3% | ||||||||
| a2 Milk Co., Ltd. (The) | 40,114 | 238,023 | ||||||
| Auckland International Airport Ltd. | 123,391 | 616,470 | ||||||
| Contact Energy Ltd. | 44,583 | 252,133 | ||||||
| Fisher & Paykel Healthcare Corp., Ltd. | 34,095 | 802,417 | ||||||
| Mainfreight Ltd. | 10,028 | 407,295 | ||||||
| Meridian Energy Ltd. | 104,848 | 358,308 | ||||||
| Spark New Zealand Ltd. | 174,311 | 238,277 | ||||||
| Xero Ltd.* | 9,255 | 607,836 | ||||||
| Total New Zealand | 3,520,759 | |||||||
| Norway — 0.5% | ||||||||
| Aker BP ASA | 17,638 | 517,065 | ||||||
| DNB Bank ASA | 47,072 | 1,356,887 | ||||||
| Equinor ASA | 36,169 | 968,370 | ||||||
| Kongsberg Gruppen ASA | 23,116 | 796,016 | ||||||
| Mowi ASA | 24,989 | 576,366 | ||||||
| Norsk Hydro ASA | 82,489 | 741,787 | ||||||
| Orkla ASA | 42,885 | 510,203 | ||||||
| Telenor ASA | 38,780 | 654,477 | ||||||
| Var Energi ASA | 46,699 | 169,641 | ||||||
| Vend Marketplaces ASA, Class B | 9,304 | 258,018 | ||||||
| Total Norway | 6,548,830 | |||||||
| Poland — 0.5% | ||||||||
| Bank Polska Kasa Opieki SA | 11,628 | 712,868 | ||||||
| Dino Polska SA* | 35,635 | 378,584 | ||||||
| InPost SA* | 15,601 | 244,989 | ||||||
| KGHM Polska Miedz SA* | 10,769 | 1,011,321 | ||||||
| mBank SA* | 982 | 288,240 | ||||||
| ORLEN SA | 40,525 | 1,237,174 | ||||||
| Powszechna Kasa Oszczednosci Bank Polski SA | 52,022 | 1,361,912 | ||||||
| Powszechny Zaklad Ubezpieczen SA | 45,232 | 896,364 | ||||||
| Total Poland | 6,131,452 | |||||||
| Portugal — 0.2% | ||||||||
| Banco Comercial Portugues SA, Class R | 601,643 | 654,480 | ||||||
| EDP SA | 173,937 | 893,295 | ||||||
| Galp Energia SGPS SA | 26,955 | 536,483 | ||||||
| Total Portugal | 2,084,258 | |||||||
| Singapore — 1.4% | ||||||||
| CapitaLand Ascendas REIT | 350,686 | 787,593 | ||||||
| CapitaLand Integrated Commercial Trust | 525,146 | 989,045 | ||||||
| Capitaland Investment Ltd. | 181,867 | 441,411 | ||||||
| DBS Group Holdings Ltd. | 107,539 | 5,016,792 | ||||||
| Genting Singapore Ltd. | 522,662 | 302,724 | ||||||
| Keppel Ltd. | 100,235 | 863,332 | ||||||
| Mapletree Industrial Trust | 298,527 | 496,369 | ||||||
| Oversea-Chinese Banking Corp., Ltd. | 182,171 | 3,047,668 | ||||||
| Seatrium Ltd.(a) | 135,597 | 225,461 | ||||||
| Singapore Exchange Ltd. | 61,312 | 851,797 | ||||||
| Singapore Technologies Engineering Ltd. | 107,053 | 826,729 | ||||||
| Singapore Telecommunications Ltd. | 430,565 | 1,557,363 | ||||||
| STMicroelectronics NV | 36,648 | 1,039,169 | ||||||
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Singapore (continued) | ||||||||
| United Overseas Bank Ltd. | 67,691 | $ | 2,041,398 | |||||
| Total Singapore | 18,486,851 | |||||||
| South Africa — 0.2% | ||||||||
| Anglo American PLC | 57,680 | 2,697,480 | ||||||
| South Korea — 7.0% | ||||||||
| Alteogen, Inc.* | 2,338 | 670,831 | ||||||
| Celltrion, Inc.* | 9,471 | 1,381,763 | ||||||
| CJ CheilJedang Corp. | 2,256 | 334,623 | ||||||
| Coway Co., Ltd.* | 6,711 | 388,841 | ||||||
| DB Insurance Co., Ltd. | 5,355 | 530,515 | ||||||
| Delivery Hero SE* | 12,886 | 361,785 | ||||||
| Doosan Enerbility Co., Ltd.* | 27,770 | 1,747,924 | ||||||
| Ecopro BM Co., Ltd.* | 4,037 | 650,677 | ||||||
| Ecopro Co., Ltd. | 8,356 | 943,344 | ||||||
| Ecopro Materials Co., Ltd.* | 4,069 | 190,814 | ||||||
| Hana Financial Group, Inc. | 20,685 | 1,438,494 | ||||||
| Hankook Tire & Technology Co., Ltd. | 13,895 | 612,986 | ||||||
| Hanmi Semiconductor Co., Ltd. | 4,914 | 720,338 | ||||||
| Hanwha Aerospace Co., Ltd.* | 1,986 | 1,793,664 | ||||||
| Hanwha Vision Co., Ltd.* | 4,375 | 187,839 | ||||||
| HD Hyundai Electric Co., Ltd. | 1,529 | 944,339 | ||||||
| HD Korea Shipbuilding & Offshore Engineering Co., Ltd. | 3,151 | 905,195 | ||||||
| HLB, Inc.* | 8,257 | 318,371 | ||||||
| HMM Co., Ltd. | 21,838 | 303,432 | ||||||
| Hyundai Mobis Co., Ltd. | 4,441 | 1,385,306 | ||||||
| Hyundai Motor Co. | 11,352 | 3,943,310 | ||||||
| Industrial Bank of Korea | 56,682 | 872,243 | ||||||
| Kakao Corp. | 19,900 | 848,868 | ||||||
| KakaoBank Corp. | 22,722 | 361,493 | ||||||
| KB Financial Group, Inc. | 23,415 | 2,199,325 | ||||||
| Kia Corp. | 16,364 | 1,734,852 | ||||||
| Korea Electric Power Corp.* | 22,725 | 920,430 | ||||||
| Korea Zinc Co., Ltd. | 388 | 507,845 | ||||||
| Korean Air Lines Co., Ltd.* | 32,343 | 523,546 | ||||||
| Krafton, Inc.* | 2,199 | 388,041 | ||||||
| KT&G Corp. | 10,106 | 1,080,529 | ||||||
| LG Chem Ltd. | 3,717 | 801,812 | ||||||
| LG Corp. | 10,907 | 694,853 | ||||||
| LG Display Co., Ltd.* | 62 | 503 | ||||||
| LG Energy Solution Ltd.* | 2,970 | 821,217 | ||||||
| Meritz Financial Group, Inc. | 6,321 | 512,039 | ||||||
| POSCO Holdings, Inc. | 5,410 | 1,306,082 | ||||||
| Samsung Biologics Co., Ltd.* | 826 | 1,001,369 | ||||||
| Samsung C&T Corp. | 6,653 | 1,393,552 | ||||||
| Samsung Electro-Mechanics Co., Ltd. | 5,441 | 1,054,633 | ||||||
| Samsung Electronics Co., Ltd. | 250,530 | 27,935,296 | ||||||
| Samsung Episholdings Co., Ltd.* | 449 | 189,033 | ||||||
| Samsung Fire & Marine Insurance Co., Ltd. | 2,702 | 940,463 | ||||||
| Samsung Heavy Industries Co., Ltd.* | 47,007 | 961,759 | ||||||
| Samsung SDI Co., Ltd.* | 4,612 | 1,249,604 | ||||||
| Samsung SDS Co., Ltd. | 4,726 | 568,341 | ||||||
| SK Hynix, Inc. | 29,693 | 18,751,519 | ||||||
| SK Innovation Co., Ltd. | 6,245 | 485,925 | ||||||
| SK Square Co., Ltd.* | 5,886 | 2,330,846 | ||||||
| SK, Inc. | 3,945 | 914,032 | ||||||
| Woori Financial Group, Inc. | 66,868 | 1,405,278 | ||||||
| Yuhan Corp.* | 5,431 | 407,495 | ||||||
| Total South Korea | 92,917,214 | |||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Spain — 3.3% | ||||||||
| ACS Actividades de Construccion y Servicios SA | 10,687 | $ | 1,203,365 | |||||
| Aena SME SA | 39,679 | 1,238,169 | ||||||
| Amadeus IT Group SA | 24,262 | 1,634,246 | ||||||
| Banco Bilbao Vizcaya Argentaria SA | 301,464 | 7,692,787 | ||||||
| Banco de Sabadell SA | 275,146 | 1,081,822 | ||||||
| Banco Santander SA | 790,538 | 10,138,238 | ||||||
| Bankinter SA | 35,779 | 613,782 | ||||||
| CaixaBank SA | 196,169 | 2,603,280 | ||||||
| Cellnex Telecom SA* | 31,232 | 966,781 | ||||||
| EDP Renovaveis SA(a) | 19,826 | 301,902 | ||||||
| Endesa SA(a) | 19,810 | 732,700 | ||||||
| Grifols SA(a) | 26,627 | 341,794 | ||||||
| Iberdrola SA | 361,062 | 8,129,028 | ||||||
| Industria de Diseno Textil SA | 58,495 | 3,827,387 | ||||||
| Naturgy Energy Group SA | 17,925 | 564,674 | ||||||
| Red Electrica Corp. SA(a) | 29,124 | 505,507 | ||||||
| Repsol SA | 65,012 | 1,280,394 | ||||||
| Telefonica SA(a) | 224,151 | 910,652 | ||||||
| Total Spain | 43,766,508 | |||||||
| Sweden — 3.1% | ||||||||
| Alfa Laval AB | 17,031 | 995,435 | ||||||
| Assa Abloy AB, Class B | 57,138 | 2,323,021 | ||||||
| Atlas Copco AB, A Shares(a) | 136,726 | 2,838,081 | ||||||
| Atlas Copco AB, B Shares | 83,698 | 1,514,218 | ||||||
| Beijer Ref AB | 26,944 | 386,099 | ||||||
| Boliden AB* | 17,114 | 1,211,402 | ||||||
| Castellum AB(a) | 30,956 | 385,016 | ||||||
| Epiroc AB, Class A | 36,110 | 1,018,573 | ||||||
| Epiroc AB, Class B | 22,979 | 576,795 | ||||||
| EQT AB(a) | 29,043 | 1,108,931 | ||||||
| Essity AB, Class B(a) | 33,802 | 1,005,020 | ||||||
| Evolution AB(a) | 7,139 | 466,619 | ||||||
| Fastighets AB Balder, B Shares* | 45,818 | 346,990 | ||||||
| Getinge AB, B Shares(a) | 13,304 | 293,666 | ||||||
| H & M Hennes & Mauritz AB, B Shares(a) | 29,421 | 592,757 | ||||||
| Hexagon AB, B Shares | 116,471 | 1,323,616 | ||||||
| Industrivarden AB, A Shares | 18,984 | 954,320 | ||||||
| Indutrade AB | 17,063 | 402,854 | ||||||
| Investor AB, B Shares | 125,514 | 4,866,153 | ||||||
| Nibe Industrier AB, B Shares(a) | 83,093 | 320,085 | ||||||
| Saab AB, Class B | 20,781 | 1,627,549 | ||||||
| Sandvik AB | 59,091 | 2,347,686 | ||||||
| Securitas AB, B Shares | 31,219 | 518,774 | ||||||
| Skandinaviska Enskilda Banken AB, Class A | 90,619 | 1,958,818 | ||||||
| Skanska AB, B Shares | 22,106 | 676,496 | ||||||
| SKF AB, B Shares(a) | 22,455 | 590,023 | ||||||
| Svenska Cellulosa AB SCA, Class B(a) | 36,255 | 456,861 | ||||||
| Svenska Handelsbanken AB, A Shares(a) | 87,598 | 1,391,316 | ||||||
| Swedbank AB, A Shares | 46,109 | 1,805,868 | ||||||
| Tele2 AB, B Shares | 36,050 | 663,599 | ||||||
| Telefonaktiebolaget LM Ericsson, B Shares | 153,384 | 1,674,839 | ||||||
| Telia Co. AB | 149,288 | 683,852 | ||||||
| Trelleborg AB, B Shares | 13,378 | 544,052 | ||||||
| Volvo AB, B Shares(a) | 95,644 | 3,500,653 | ||||||
| Total Sweden | 41,370,037 | |||||||
| Switzerland — 4.3% | ||||||||
| ABB Ltd. | 85,661 | 7,415,314 | ||||||
| Adecco Group AG | 11,132 | 326,999 | ||||||
| Avolta AG* | 6,170 | 378,990 | ||||||
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Switzerland (continued) | ||||||||
| Bachem Holding AG(a) | 1,995 | $ | 181,352 | |||||
| Barry Callebaut AG(a) | 208 | 365,192 | ||||||
| Chocoladefabriken Lindt & Spruengli AG | 106 | 1,522,447 | ||||||
| Cie Financiere Richemont SA, Class A | 28,273 | 5,490,848 | ||||||
| DSM-Firmenich AG | 10,525 | 828,898 | ||||||
| EMS-Chemie Holding AG | 532 | 415,209 | ||||||
| Galderma Group AG | 9,642 | 1,801,810 | ||||||
| Geberit AG | 1,955 | 1,496,874 | ||||||
| Givaudan SA | 436 | 1,691,797 | ||||||
| Helvetia Baloise Holding AG | 5,841 | 1,484,428 | ||||||
| Julius Baer Group Ltd. | 13,065 | 1,096,371 | ||||||
| Kuehne + Nagel International AG(a) | 2,808 | 651,632 | ||||||
| Logitech International SA | 8,507 | 736,194 | ||||||
| Lonza Group AG | 3,715 | 2,532,790 | ||||||
| Partners Group Holding AG | 1,240 | 1,690,799 | ||||||
| PSP Swiss Property AG | 4,103 | 825,875 | ||||||
| Sandoz Group AG | 23,304 | 1,851,488 | ||||||
| Schindler Holding AG, Participating Certificate | 3,628 | 1,404,934 | ||||||
| SGS SA | 9,826 | 1,184,148 | ||||||
| SIG Group AG*(a) | 20,485 | 317,630 | ||||||
| Sika AG | 8,524 | 1,641,594 | ||||||
| Sonova Holding AG | 2,870 | 788,267 | ||||||
| Straumann Holding AG(a) | 5,983 | 723,352 | ||||||
| Swatch Group AG (The), Bearer(a) | 2,303 | 547,301 | ||||||
| Swiss Prime Site AG | 6,404 | 1,091,936 | ||||||
| Swisscom AG | 1,630 | 1,340,958 | ||||||
| Temenos AG | 3,438 | 305,158 | ||||||
| UBS Group AG | 173,129 | 8,181,500 | ||||||
| VAT Group AG | 1,640 | 1,067,422 | ||||||
| Zurich Insurance Group AG | 7,906 | 5,636,509 | ||||||
| Total Switzerland | 57,016,016 | |||||||
| Thailand — 0.0%(b) | ||||||||
| Thai Beverage PCL | 391,228 | 147,982 | ||||||
| United Kingdom — 10.2% | ||||||||
| 3i Group PLC | 53,042 | 2,439,089 | ||||||
| Admiral Group PLC | 15,178 | 572,770 | ||||||
| Ashtead Group PLC | 22,935 | 1,475,119 | ||||||
| Associated British Foods PLC | 17,391 | 454,625 | ||||||
| AstraZeneca PLC | 79,173 | 14,775,744 | ||||||
| Autotrader Group PLC | 51,493 | 380,158 | ||||||
| Aviva PLC | 170,019 | 1,483,376 | ||||||
| BAE Systems PLC | 162,422 | 4,399,723 | ||||||
| Barclays PLC | 737,754 | 4,922,207 | ||||||
| Barratt Redrow PLC | 78,993 | 420,802 | ||||||
| Beazley PLC | 35,155 | 546,576 | ||||||
| Berkeley Group Holdings PLC | 6,171 | 348,888 | ||||||
| British American Tobacco PLC | 113,823 | 6,835,034 | ||||||
| British Land Co. PLC (The) | 59,420 | 338,224 | ||||||
| BT Group PLC | 314,099 | 824,762 | ||||||
| Bunzl PLC | 21,087 | 592,622 | ||||||
| Burberry Group PLC* | 20,507 | 309,267 | ||||||
| Centrica PLC | 277,664 | 727,566 | ||||||
| CK Hutchison Holdings Ltd. | 161,441 | 1,307,495 | ||||||
| Compass Group PLC | 93,135 | 2,795,085 | ||||||
| Convatec Group PLC | 103,916 | 327,977 | ||||||
| Croda International PLC | 8,493 | 317,935 | ||||||
| DCC PLC | 5,410 | 344,171 | ||||||
| Diageo PLC | 121,804 | 2,800,524 | ||||||
| Entain PLC | 33,923 | 281,633 | ||||||
| Halma PLC | 21,815 | 1,060,919 | ||||||
| Howden Joinery Group PLC | 33,857 | 388,873 | ||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| United Kingdom (continued) | ||||||||
| HSBC Holdings PLC | 912,075 | $ | 16,088,005 | |||||
| ICG PLC | 15,608 | 388,738 | ||||||
| IMI PLC | 16,130 | 611,352 | ||||||
| Imperial Brands PLC | 43,291 | 1,821,391 | ||||||
| Informa PLC | 71,052 | 858,010 | ||||||
| InterContinental Hotels Group PLC | 8,124 | 1,095,115 | ||||||
| International Consolidated Airlines Group SA | 120,804 | 693,264 | ||||||
| Intertek Group PLC | 8,517 | 521,728 | ||||||
| JD Sports Fashion PLC | 150,412 | 168,796 | ||||||
| Kingfisher PLC | 105,947 | 490,677 | ||||||
| Land Securities Group PLC | 49,833 | 444,834 | ||||||
| Legal & General Group PLC | 304,797 | 1,108,801 | ||||||
| Lloyds Banking Group PLC | 3,183,580 | 4,759,665 | ||||||
| London Stock Exchange Group PLC | 26,735 | 2,979,727 | ||||||
| M&G PLC | 120,475 | 511,506 | ||||||
| Marks & Spencer Group PLC | 116,713 | 586,344 | ||||||
| Melrose Industries PLC | 70,194 | 602,987 | ||||||
| National Grid PLC | 267,890 | 4,538,172 | ||||||
| NatWest Group PLC | 427,063 | 3,898,321 | ||||||
| Next PLC | 6,616 | 1,204,304 | ||||||
| Pearson PLC | 39,793 | 522,797 | ||||||
| Persimmon PLC | 19,138 | 369,246 | ||||||
| Reckitt Benckiser Group PLC* | 36,983 | 3,091,686 | ||||||
| RELX PLC | 98,717 | 3,493,628 | ||||||
| Rentokil Initial PLC | 142,734 | 882,772 | ||||||
| Rightmove PLC | 45,572 | 309,179 | ||||||
| Rolls-Royce Holdings PLC | 453,769 | 7,540,711 | ||||||
| Sage Group PLC (The) | 55,742 | 732,334 | ||||||
| Segro PLC | 70,967 | 738,759 | ||||||
| Severn Trent PLC | 16,181 | 650,144 | ||||||
| Smith & Nephew PLC | 48,606 | 828,409 | ||||||
| Smiths Group PLC | 20,242 | 697,205 | ||||||
| Spirax Group PLC | 4,404 | 439,052 | ||||||
| SSE PLC | 69,014 | 2,293,743 | ||||||
| St James’s Place PLC | 28,954 | 603,929 | ||||||
| Standard Chartered PLC | 98,637 | 2,520,304 | ||||||
| Taylor Wimpey PLC | 219,145 | 321,021 | ||||||
| Tesco PLC | 360,793 | 2,105,158 | ||||||
| Unilever PLC | 116,035 | 7,866,712 | ||||||
| United Utilities Group PLC | 41,552 | 711,036 | ||||||
| Vodafone Group PLC | 1,018,950 | 1,501,725 | ||||||
| Weir Group PLC (The) | 15,561 | 688,867 | ||||||
| Whitbread PLC | 10,663 | 398,584 | ||||||
| Wise PLC, Class A* | 42,219 | 546,327 | ||||||
| WPP PLC | 63,181 | 261,661 | ||||||
| Total United Kingdom | 134,957,890 | |||||||
| United States — 7.7% | ||||||||
| Aegon Ltd. | 81,299 | 636,209 | ||||||
| Alcon AG | 27,487 | 2,228,087 | ||||||
| Amrize Ltd.* | 27,516 | 1,448,963 | ||||||
| AP Moller - Maersk A/S, Class B(a) | 350 | 871,487 | ||||||
| BP PLC | 830,807 | 5,287,669 | ||||||
| Experian PLC | 50,238 | 1,901,341 | ||||||
| Ferrovial SE | 26,579 | 1,802,963 | ||||||
| GQG Partners, Inc. | 36,986 | 40,680 | ||||||
| GSK PLC | 212,291 | 5,466,552 | ||||||
| Haleon PLC | 490,643 | 2,551,077 | ||||||
| Holcim AG* | 27,445 | 2,834,849 | ||||||
| James Hardie Industries PLC*(a) | 30,466 | 707,092 | ||||||
| Nestle SA | 133,747 | 12,753,772 | ||||||
| Novartis AG | 102,370 | 15,237,516 | ||||||
| QIAGEN NV | 10,848 | 575,838 | ||||||
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| United States (continued) | ||||||||
| Roche Holding AG | 38,834 | $ | 17,685,973 | |||||
| Samsonite Group SA | 88,807 | 224,926 | ||||||
| Sanofi SA | 57,624 | 5,429,371 | ||||||
| Schneider Electric SE | 29,238 | 8,427,951 | ||||||
| Shell PLC | 307,923 | 11,805,976 | ||||||
| Stellantis NV | 122,105 | 1,203,647 | ||||||
| Swiss Re AG | 16,409 | 2,630,597 | ||||||
| Total United States | 101,752,536 | |||||||
| Total Common Stocks | ||||||||
| (Cost $947,031,020) | 1,307,703,294 | |||||||
| Preferred Stocks — 0.5% | ||||||||
| Germany — 0.2% | ||||||||
| Henkel AG & Co. KGaA, 2.75%(a) | 9,323 | 822,520 | ||||||
| Volkswagen AG, 6.20%(a) | 13,334 | 1,628,322 | ||||||
| Total Germany | 2,450,842 | |||||||
| South Korea — 0.3% | ||||||||
| Samsung Electronics Co., Ltd., 1.43% | 46,780 | 3,815,459 | ||||||
| Total Preferred Stocks | ||||||||
| (Cost $4,114,870) | 6,266,301 | |||||||
| Right — 0.0%(b) | ||||||||
| Spain — 0.0%(b) | ||||||||
| ACS Actividades de Construccion y Servicios SA*(a) | ||||||||
| (Cost $5,648) | 10,561 | 5,830 | ||||||
| Investment Company — 0.2% | ||||||||
| International Equity Core Funds — 0.2% | ||||||||
| Vanguard FTSE Developed Markets ETF | ||||||||
| (Cost $2,723,079) | 43,398 | 2,872,947 | ||||||
| Short-Term Investments — 0.6% | ||||||||
| Money Market Funds — 0.6% | ||||||||
| Dreyfus Government Cash Management Fund, Institutional Shares, 3.58%(c)(d) | 7,762,385 | 7,762,385 | ||||||
| Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 3.65%(c) | 539,036 | 539,036 | ||||||
| Total Short-Term Investments | ||||||||
| (Cost $8,301,421) | 8,301,421 | |||||||
| Total Investments — 100.4% (Cost $962,176,038) | 1,325,149,793 | |||||||
| Other Assets and Liabilities, Net — (0.4)% | (4,882,280 | ) | ||||||
| Net Assets — 100.0% | $ | 1,320,267,513 | ||||||
| % of | ||||||||
| Industry | Value | Net Assets | ||||||
| Financials | $ | 308,160,681 | 23.4 | % | ||||
| Industrials | 255,295,424 | 19.3 | ||||||
| Information Technology | 159,023,941 | 12.1 | ||||||
| Health Care | 135,918,197 | 10.3 | ||||||
| Consumer Discretionary | 120,887,639 | 9.2 | ||||||
| Consumer Staples | 88,452,296 | 6.7 | ||||||
| Materials | 76,850,449 | 5.8 | ||||||
| Communication Services | 48,663,502 | 3.7 | ||||||
| Utilities | 47,505,120 | 3.6 | ||||||
| Energy | 39,790,678 | 3.0 | ||||||
| Real Estate | 33,236,683 | 2.5 | ||||||
| Money Market Funds | 8,301,421 | 0.6 | ||||||
| Investment Companies | 2,872,948 | 0.2 | ||||||
| Chemicals | 190,814 | 0.0 | (b) | |||||
| Total Investments | $ | 1,325,149,793 | 100.4 | % | ||||
| Other Assets and Liabilities, Net | (4,882,280 | ) | (0.4 | ) | ||||
| Total Net Assets | $ | 1,320,267,513 | 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 $29,393,232; total market value of collateral held by the Fund was $31,142,793. Market value of the collateral held includes non-cash U.S. Treasury securities collateral having a value of $23,380,408. |
| (b) | Less than 0.05%. |
| (c) | Reflects the 1-day yield at January 31, 2026. |
| (d) | Represents security purchased with cash collateral received for securities on loan. |
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Total Return Swap contracts outstanding at January 31, 2026: | ||||||||||||||||
| Total Return Benchmark | Counterparty | Floating Rate(e) | Expiration Date | Payment Frequency | Notional Amount Long/(Short) | Value/ | ||||||||||
| Vanguard FTSE Developed Markets ETF | Morgan Stanley | 1-Day FEDEF + 0.50% | 10/12/2027 | Monthly | $ | 2,496,534 | $ | — | ||||||||
At January 31, 2026, there was no collateral held or posted. The Fund either receives fees from, or pays to the counterparty, the total return of the benchmark and the agreed-upon financing rate.
(e) Portfolio pays or receives the floating rate and receives or pays the total return of the reference rate entity.
(f) Reflects the value at reset date of January 31, 2026.
Abbreviations
FEDEF — Federal Funds Effective Rate
Forward Foreign Currency Contracts Outstanding as of January 31, 2026:
| Purchased Contracts | Settlement Date | Counterparty | Currency Amount Purchased | Value at Settlement Date | Value at January 31, 2026 | Unrealized Appreciation | ||||||||||||||
| Swiss Franc | 02/06/26 | Morgan Stanley | 42,575,797 | $ | 55,310,051 | $ | 55,322,982 | $ | 12,931 | |||||||||||
| Danish Krone | 02/05/26 | Morgan Stanley | 64,728,806 | 10,312,944 | 10,314,536 | 1,592 | ||||||||||||||
| Euro | 02/05/26 | Morgan Stanley | 164,300,041 | 195,487,672 | 195,503,401 | 15,729 | ||||||||||||||
| Great British Pound | 02/05/26 | Morgan Stanley | 62,391,434 | 85,612,091 | 85,616,276 | 4,185 | ||||||||||||||
| Hong Kong Dollar | 02/05/26 | Morgan Stanley | 92,741,639 | 11,876,915 | 11,877,177 | 262 | ||||||||||||||
| Japanese Yen | 02/06/26 | Morgan Stanley | 22,245,062,547 | 144,248,865 | 144,274,135 | 25,270 | ||||||||||||||
| South Korean Won# | 02/05/26 | Morgan Stanley | 54,989,260,176 | 38,006,010 | 38,209,783 | 203,773 | ||||||||||||||
| New Zealand Dollar | 02/05/26 | Morgan Stanley | 2,312,017 | 1,398,594 | 1,398,668 | 74 | ||||||||||||||
| Polish Zloty | 02/05/26 | Morgan Stanley | 9,523,966 | 2,692,860 | 2,693,122 | 262 | ||||||||||||||
| Swedish Krona | 02/05/26 | Morgan Stanley | 172,718,939 | 19,513,228 | 19,515,908 | 2,680 | ||||||||||||||
| Singapore Dollar | 02/05/26 | Morgan Stanley | 10,789,894 | 8,503,860 | 8,505,457 | 1,597 | ||||||||||||||
| Unrealized Appreciation | $ | 572,963,090 | $ | 573,231,445 | $ | 268,355 | ||||||||||||||
| Sold Contracts | Settlement Date | Counterparty | Currency Amount Sold | Value at Settlement Date | Value at January 31, 2026 | Unrealized Appreciation | ||||||||||||||
| Hong Kong Dollar | 02/05/26 | Morgan Stanley | (92,741,639 | ) | $ | (11,927,290 | ) | $ | (11,877,177 | ) | $ | 50,113 | ||||||||
| Unrealized Appreciation | $ | (11,927,290 | ) | $ | (11,877,177 | ) | $ | 50,113 | ||||||||||||
| Total Unrealized Appreciation | $ | 318,468 | ||||||||||||||||||
| Purchased Contracts | Settlement Date | Counterparty | Currency Amount Purchased | Value at Settlement Date | Value at January 31, 2026 | Unrealized (Depreciation) | ||||||||||||||
| Australian Dollar | 02/05/26 | Morgan Stanley | 59,017,586 | $ | 41,346,912 | $ | 41,344,476 | $ | (2,436 | ) | ||||||||||
| Israeli Shekel | 02/05/26 | Morgan Stanley | 21,227,039 | 6,869,448 | 6,868,925 | (523 | ) | |||||||||||||
| Norwegian Krone | 02/05/26 | Morgan Stanley | 31,474,333 | 3,278,878 | 3,278,840 | (38 | ) | |||||||||||||
| Unrealized Depreciation | $ | 51,495,238 | $ | 51,492,241 | $ | (2,997 | ) | |||||||||||||
| Sold Contracts | Settlement Date | Counterparty | Currency Amount Sold | Value at Settlement Date | Value at January 31, 2026 | Unrealized (Depreciation) | ||||||||||||||
| Australian Dollar | 02/05/26 | Morgan Stanley | (59,017,586 | ) | $ | (39,367,251 | ) | $ | (41,344,476 | ) | $ | (1,977,225 | ) | |||||||
| Australian Dollar | 03/03/26 | Morgan Stanley | (59,974,500 | ) | (41,997,863 | ) | (42,013,160 | ) | (15,297 | ) | ||||||||||
| Swiss Franc | 02/05/26 | Morgan Stanley | (42,575,797 | ) | (53,898,706 | ) | (55,322,982 | ) | (1,424,276 | ) | ||||||||||
| Swiss Franc | 03/03/26 | Morgan Stanley | (42,742,108 | ) | (55,658,932 | ) | (55,679,902 | ) | (20,970 | ) | ||||||||||
| Danish Krone | 02/05/26 | Morgan Stanley | (64,728,806 | ) | (10,192,173 | ) | (10,314,536 | ) | (122,363 | ) | ||||||||||
| Danish Krone | 03/03/26 | Morgan Stanley | (69,981,295 | ) | (11,163,329 | ) | (11,167,413 | ) | (4,084 | ) | ||||||||||
| Euro | 02/05/26 | Morgan Stanley | (164,300,041 | ) | (193,162,398 | ) | (195,503,401 | ) | (2,341,003 | ) | ||||||||||
| Euro | 03/03/26 | Morgan Stanley | (170,027,301 | ) | (202,489,321 | ) | (202,552,283 | ) | (62,962 | ) | ||||||||||
| British Pound | 02/05/26 | Morgan Stanley | (62,391,434 | ) | (83,903,940 | ) | (85,616,276 | ) | (1,712,336 | ) | ||||||||||
| British Pound | 03/03/26 | Morgan Stanley | (64,152,138 | ) | (87,999,156 | ) | (88,030,217 | ) | (31,061 | ) | ||||||||||
| Hong Kong Dollar | 03/03/26 | Morgan Stanley | (99,421,479 | ) | (12,739,562 | ) | (12,743,754 | ) | (4,192 | ) | ||||||||||
| Israeli Shekel | 02/05/26 | Morgan Stanley | (21,227,039 | ) | (6,659,900 | ) | (6,868,925 | ) | (209,025 | ) | ||||||||||
| Israeli Shekel | 03/03/26 | Morgan Stanley | (22,643,053 | ) | (7,326,434 | ) | (7,328,604 | ) | (2,170 | ) | ||||||||||
| Japanese Yen | 02/05/26 | Morgan Stanley | (22,245,062,547 | ) | (142,260,424 | ) | (144,274,135 | ) | (2,013,711 | ) | ||||||||||
| Japanese Yen | 03/03/26 | Morgan Stanley | (23,269,679,259 | ) | (151,170,265 | ) | (151,222,246 | ) | (51,981 | ) |
Schedule of Investments ─ NYLI FTSE International Equity Currency Neutral ETF (continued)
January 31, 2026 (unaudited)
| Sold Contracts | Settlement Date | Counterparty | Currency Amount Sold | Value at Settlement Date | Value at January 31, 2026 | Unrealized (Depreciation) | ||||||||||||||
| South Korean Won# | 02/05/26 | Morgan Stanley | (54,989,260,176 | ) | $ | (38,100,934 | ) | $ | (38,209,782 | ) | $ | (108,848 | ) | |||||||
| South Korean Won# | 03/03/26 | Morgan Stanley | (70,093,729,335 | ) | (48,474,058 | ) | (48,754,465 | ) | (280,407 | ) | ||||||||||
| Norwegian Krone | 02/05/26 | Morgan Stanley | (31,474,333 | ) | (3,120,203 | ) | (3,278,840 | ) | (158,637 | ) | ||||||||||
| Norwegian Krone | 03/03/26 | Morgan Stanley | (33,664,334 | ) | (3,505,586 | ) | (3,506,635 | ) | (1,049 | ) | ||||||||||
| New Zealand Dollar | 02/05/26 | Morgan Stanley | (2,312,017 | ) | (1,331,173 | ) | (1,398,668 | ) | (67,495 | ) | ||||||||||
| New Zealand Dollar | 03/03/26 | Morgan Stanley | (2,333,251 | ) | (1,412,364 | ) | (1,412,799 | ) | (435 | ) | ||||||||||
| Polish Zloty | 02/05/26 | Morgan Stanley | (9,523,966 | ) | (2,647,713 | ) | (2,693,122 | ) | (45,409 | ) | ||||||||||
| Polish Zloty | 03/03/26 | Morgan Stanley | (10,451,172 | ) | (2,953,884 | ) | (2,955,086 | ) | (1,202 | ) | ||||||||||
| Swedish Krona | 02/05/26 | Morgan Stanley | (172,718,939 | ) | (18,763,630 | ) | (19,515,908 | ) | (752,278 | ) | ||||||||||
| Swedish Krona | 03/03/26 | Morgan Stanley | (183,187,345 | ) | (20,716,905 | ) | (20,724,401 | ) | (7,496 | ) | ||||||||||
| Singapore Dollar | 02/05/26 | Morgan Stanley | (10,789,894 | ) | (8,405,316 | ) | (8,505,457 | ) | (100,141 | ) | ||||||||||
| Singapore Dollar | 03/03/26 | Morgan Stanley | (11,431,033 | ) | (9,022,624 | ) | (9,026,296 | ) | (3,672 | ) | ||||||||||
| Unrealized Depreciation | $ | (1,258,444,044 | ) | $ | (1,269,963,769 | ) | $ | (11,519,725 | ) | |||||||||||
| Total Unrealized Depreciation | $ | (11,522,722 | ) | |||||||||||||||||
| Net Unrealized Appreciation (Depreciation) | $ | (11,204,254 | ) | |||||||||||||||||
As of January 31, 2026, there was no collateral segregated by the counterparty for forward foreign currency contracts.
| # | Non-deliverable forward. |
| The following is a summary of the inputs used to value the Fund’s investments as of January 31, 2026. 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:(g) | ||||||||||||||||
| Common Stocks | $ | 1,307,703,294 | $ | — | $ | — | $ | 1,307,703,294 | ||||||||
| Preferred Stocks | 6,266,301 | — | — | 6,266,301 | ||||||||||||
| Right | 5,830 | — | — | 5,830 | ||||||||||||
| Investment Company | 2,872,947 | — | — | 2,872,947 | ||||||||||||
| Short-Term Investments: | ||||||||||||||||
| Money Market Funds | 8,301,421 | — | — | 8,301,421 | ||||||||||||
| Total Investments in Securities | 1,325,149,793 | — | — | 1,325,149,793 | ||||||||||||
| Other Financial Instruments:(h) | ||||||||||||||||
| Forward Foreign Currency Contracts | — | 318,468 | — | 318,468 | ||||||||||||
| Swap Contracts | — | — | — | — | ||||||||||||
| Total Other Financial Instruments | — | 318,468 | — | 318,468 | ||||||||||||
| Total Investments in Securities and Other Financial Instruments | $ | 1,325,149,793 | $ | 318,468 | $ | — | $ | 1,325,468,261 | ||||||||
| Liability Valuation Inputs | ||||||||||||||||
| Other Financial Instruments:(h) | ||||||||||||||||
| Forward Foreign Currency Contracts | — | (11,522,722 | ) | — | (11,522,722 | ) | ||||||||||
| (g) | For a complete listing of investments and their countries, see the Schedule of Investments. |
| (h) | Reflects the unrealized appreciation (depreciation) of the instruments. |
For the period ended January 31, 2026, the Fund did not have any transfers into or out of Level 3 within the fair value hierarchy.