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

 

January 31, 2026 (unaudited)

 

   Shares  Value
Common Stocks — 94.4%          
           
Communication Services — 14.8%          
Alphabet, Inc., Class A    31,240   $10,559,120 
Electronic Arts, Inc.    2,187    445,973 
Match Group, Inc.    2,064    64,294 
Meta Platforms, Inc., Class A    7,775    5,570,788 
Pinterest, Inc., Class A*    5,210    115,297 
Reddit, Inc., Class A*    1,205    217,225 
Trade Desk, Inc. (The), Class A*    3,850    116,770 
Total Communication Services        17,089,467 
           
Consumer Discretionary — 5.4%          
Airbnb, Inc., Class A*    3,719    481,127 
Amazon.com, Inc.*    22,433    5,368,217 
Deckers Outdoor Corp.*    1,274    152,039 
Duolingo, Inc.*(a)    350    46,921 
Gentex Corp.    1,914    44,041 
Lucid Group, Inc.*(a)    2,835    31,384 
SharkNinja, Inc.*    1,234    145,859 
Total Consumer Discretionary        6,269,588 
           
Consumer Staples — 5.0%          
BellRing Brands, Inc.*    1,036    25,765 
Church & Dwight Co., Inc.    2,100    202,125 
Colgate-Palmolive Co.    7,048    636,364 
Ingredion, Inc.    556    65,664 
Kenvue, Inc.    16,754    291,520 
Kimberly-Clark Corp.    2,902    290,171 
PepsiCo, Inc.    11,956    1,836,800 
Philip Morris International, Inc.    13,612    2,442,537 
Total Consumer Staples        5,790,946 
           
Health Care — 7.5%          
Alnylam Pharmaceuticals, Inc.*    1,155    390,459 
BioMarin Pharmaceutical, Inc.*    1,680    94,987 
Corcept Therapeutics, Inc.*    920    36,680 
Doximity, Inc., Class A*    1,201    45,002 
Eli Lilly & Co.    5,033    5,219,976 
Halozyme Therapeutics, Inc.*    1,028    73,718 
Incyte Corp.*    1,717    171,820 
Insmed, Inc.*    1,865    292,563 
Ionis Pharmaceuticals, Inc.*    1,416    117,061 
Mettler-Toledo International, Inc.*    179    245,810 
Moderna, Inc.*(a)    3,417    150,587 
Neurocrine Biosciences, Inc.*    872    118,644 
Regeneron Pharmaceuticals, Inc.    903    669,529 
ResMed, Inc.    1,276    329,604 
Veeva Systems, Inc., Class A*    1,437    293,033 
Zoetis, Inc.    3,854    481,056 
Total Health Care        8,730,529 
           
Industrials — 6.4%          
Acuity, Inc.    268    82,876 
Allegion PLC    752    124,373 
Allison Transmission Holdings, Inc.    728    79,134 
Automatic Data Processing, Inc.    3,537    873,002 
Axon Enterprise, Inc.*    690    333,670 
Dayforce, Inc.*    1,399    96,909 
Deere & Co.    2,370    1,251,360 
Eaton Corp. PLC    3,396    1,193,422 
Generac Holdings, Inc.*    513    86,205 
IDEX Corp.    654    129,852 
Illinois Tool Works, Inc.    2,537    662,817 
ITT, Inc.    752    137,090 
Lincoln Electric Holdings, Inc.    481    127,633 
Paylocity Holding Corp.*    476    64,250 
Rocket Lab Corp.*(a)    4,671    374,007 
Simpson Manufacturing Co., Inc.    363    64,171 
Trane Technologies PLC    1,939    815,505 
   Shares  Value
Common Stocks (continued)          
           
Industrials (continued)          
Valmont Industries, Inc.    172   $76,636 
Vertiv Holdings Co., Class A    3,343    622,400 
Woodward, Inc.    524    166,548 
Total Industrials        7,361,860 
           
Information Technology — 54.3%          
Adobe, Inc.*    2,195    643,684 
Appfolio, Inc., Class A*    123    23,355 
Apple, Inc.    55,596    14,426,050 
Applied Materials, Inc.    4,240    1,366,637 
AppLovin Corp., Class A*    1,645    778,266 
Arista Networks, Inc.*    6,734    954,477 
Atlassian Corp., Class A*    899    106,244 
Autodesk, Inc.*    1,134    286,755 
Bentley Systems, Inc., Class B    1,562    54,857 
Broadcom, Inc.    16,465    5,454,854 
Cadence Design Systems, Inc.*    1,456    431,500 
Cisco Systems, Inc.    21,129    1,654,823 
Confluent, Inc., Class A*    1,644    50,208 
Datadog, Inc., Class A*    1,740    225,017 
Dell Technologies, Inc., Class C    1,786    204,390 
Docusign, Inc.*    1,071    56,270 
Dynatrace, Inc.*    1,612    61,401 
Fair Isaac Corp.*    127    185,823 
Fortinet, Inc.*    3,977    323,171 
HubSpot, Inc.*    280    78,400 
Intuit, Inc.    1,488    742,393 
Lam Research Corp.    6,717    1,568,151 
MACOM Technology Solutions Holdings, Inc.*    401    87,843 
Manhattan Associates, Inc.*    322    48,625 
Marvell Technology, Inc.    4,535    357,902 
Microsoft Corp.    28,567    12,292,094 
Nutanix, Inc., Class A*    1,446    56,871 
NVIDIA Corp.    87,299    16,685,458 
Palo Alto Networks, Inc.*    3,727    659,567 
Pegasystems, Inc.    908    39,670 
PTC, Inc.*    636    99,299 
Pure Storage, Inc., Class A*    1,766    122,808 
QUALCOMM, Inc.    5,727    868,156 
SentinelOne, Inc., Class A*    1,782    24,912 
ServiceNow, Inc.*    5,553    649,757 
Snowflake, Inc., Class A*(a)    1,830    352,641 
Synopsys, Inc.*    1,023    475,813 
Ubiquiti, Inc.    324    178,660 
Universal Display Corp.    254    29,164 
Workday, Inc., Class A*    1,139    200,043 
Total Information Technology        62,906,009 
           
Materials — 1.0%          
Corteva, Inc.    5,909    430,175 
Sherwin-Williams Co. (The)    2,168    768,860 
Total Materials        1,199,035 
           
Total Common Stocks          
(Cost $109,256,391)        109,347,434 
           
Investment Companies — 5.3%          
           
Exchange-Traded Funds — 5.3%          
Fidelity MSCI Communication Services Index ETF    8,617    650,153 
Fidelity MSCI Consumer Discretionary Index ETF    9,186    951,302 
Fidelity MSCI Information Technology Index ETF    3,608    804,440 
Health Care Select Sector SPDR Fund    2,942    455,245 

 

 

 

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

 

January 31, 2026 (unaudited)

 

   Shares  Value
Investment Companies (continued)          
           
Exchange-Traded Funds (continued)          
State Street Communication Services Select Sector SPDR ETF    5,422   $651,074 
State Street Consumer Discretionary Select Sector SPDR ETF(a)    7,872    953,850 
State Street Technology Select Sector SPDR ETF(a)    5,601    805,872 
Vanguard Consumer Discretionary ETF    2,383    951,270 
           
Total Investment Companies          
(Cost $6,218,315)        6,223,206 
           
Short-Term Investments — 0.3%          
           
Money Market Funds — 0.3%          
Dreyfus Government Cash Management Fund, Institutional Shares, 3.58%(b)(c)    32,381    32,381 
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 3.65%(b)    261,476    261,476 
           
Total Short-Term Investments          
(Cost $293,857)        293,857 
           
Total Investments — 100.0%
(Cost $115,768,563)		        115,864,497 
Other Assets and Liabilities,
Net — (0.0)%(d)		        (36,195)
Net Assets — 100.0%       $115,828,302 

 

 
* 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 $2,097,784; total market value of collateral held by the Fund was $2,198,622. Market value of the collateral held includes non-cash U.S. Treasury securities collateral having a value of $2,166,240.
(b) Reflects the 1-day yield at January 31, 2026.
(c) Represents security purchased with cash collateral received for securities on loan.
(d) Less than 0.05%.

 

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:(e)                    
Common Stocks   $109,347,434   $—   $—   $109,347,434 
Investment Companies    6,223,206    —    —    6,223,206 
Short-Term Investments:                    
Money Market Funds    293,857    —    —    293,857 
Total Investments in Securities   $115,864,497   $—   $—   $115,864,497 

 

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