Schedule of Investments ─ NYLIM Global Equity R&D Leaders ETF (formerly, NYLI Global Equity R&D Leaders ETF)
July 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks — 97.7% | ||||||||
| Brazil — 1.3% | ||||||||
| MercadoLibre, Inc.* | 49 | $ | 92,020 | |||||
| TOTVS SA | 375 | 2,292 | ||||||
| WEG SA | 4,084 | 37,941 | ||||||
| Total Brazil | 132,253 | |||||||
| Canada — 0.5% | ||||||||
| Celestica, Inc.* | 72 | 23,808 | ||||||
| Constellation Software, Inc. | 13 | 27,828 | ||||||
| Descartes Systems Group, Inc. (The)*(a) | 53 | 3,977 | ||||||
| Total Canada | 55,613 | |||||||
| China — 1.5% | ||||||||
| Airtac International Group | 194 | 7,954 | ||||||
| Chifeng Jilong Gold Mining Group Ltd., Class H | 177 | 753 | ||||||
| Contemporary Amperex Technology Co., Ltd., Class H(a) | 212 | 16,830 | ||||||
| CRRC Corp., Ltd., Class H | 4,236 | 2,841 | ||||||
| Kingsoft Corp., Ltd. | 1,339 | 4,569 | ||||||
| NetEase, Inc. | 3,093 | 81,964 | ||||||
| Tongcheng Travel Holdings Ltd. | 2,281 | 4,154 | ||||||
| Trip.com Group Ltd.* | 668 | 31,212 | ||||||
| Zhejiang Sanhua Intelligent Controls Co., Ltd., Class H | 462 | 1,542 | ||||||
| Zhuzhou CRRC Times Electric Co., Ltd., Class H | 447 | 1,919 | ||||||
| Total China | 153,738 | |||||||
| Denmark — 1.9% | ||||||||
| Genmab A/S* | 60 | 17,164 | ||||||
| Novo Nordisk A/S, Class B | 3,288 | 155,120 | ||||||
| Novonesis Novozymes B, Class B | 402 | 26,112 | ||||||
| Total Denmark | 198,396 | |||||||
| Finland — 0.3% | ||||||||
| Metso OYJ | 804 | 14,902 | ||||||
| Wartsila OYJ Abp | 574 | 19,377 | ||||||
| Total Finland | 34,279 | |||||||
| France — 0.6% | ||||||||
| Dassault Systemes SE | 837 | 19,309 | ||||||
| Legrand SA | 254 | 38,400 | ||||||
| Total France | 57,709 | |||||||
| Germany — 5.8% | ||||||||
| GEA Group AG | 158 | 11,207 | ||||||
| Infineon Technologies AG | 814 | 57,757 | ||||||
| Nemetschek SE | 72 | 4,809 | ||||||
| Rational AG | 11 | 8,530 | ||||||
| SAP SE | 766 | 138,966 | ||||||
| Siemens AG | 758 | 246,504 | ||||||
| Siemens Energy AG | 835 | 141,647 | ||||||
| Total Germany | 609,420 | |||||||
| Israel — 0.5% | ||||||||
| Check Point Software Technologies Ltd.* | 64 | 8,136 | ||||||
| Elbit Systems Ltd. | 46 | 36,981 | ||||||
| Nova Ltd.* | 20 | 8,004 | ||||||
| Total Israel | 53,121 | |||||||
| Italy — 0.8% | ||||||||
| Ferrari NV | 188 | 73,565 | ||||||
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Italy (continued) | ||||||||
| Recordati Industria Chimica e Farmaceutica SpA | 203 | $ | 12,063 | |||||
| Total Italy | 85,628 | |||||||
| Japan — 5.6% | ||||||||
| Advantest Corp. | 456 | 93,076 | ||||||
| Ajinomoto Co., Inc. | 947 | 29,530 | ||||||
| Asahi Intecc Co., Ltd. | 257 | 5,799 | ||||||
| Asics Corp. | 712 | 21,258 | ||||||
| Capcom Co., Ltd. | 517 | 12,871 | ||||||
| Chugai Pharmaceutical Co., Ltd. | 1,627 | 70,833 | ||||||
| Daiichi Sankyo Co., Ltd. | 1,805 | 29,105 | ||||||
| Denso Corp. | 2,821 | 34,858 | ||||||
| Dexerials Corp. | 109 | 2,262 | ||||||
| Disco Corp. | 68 | 24,975 | ||||||
| Ebara Corp. | 443 | 15,464 | ||||||
| Kaneka Corp. | 61 | 2,191 | ||||||
| Kirin Holdings Co., Ltd. | 791 | 14,670 | ||||||
| Kobayashi Pharmaceutical Co., Ltd. | 76 | 2,667 | ||||||
| Koei Tecmo Holdings Co., Ltd. | 326 | 3,295 | ||||||
| Konami Group Corp. | 139 | 18,018 | ||||||
| Kotobuki Spirits Co., Ltd. | 151 | 2,412 | ||||||
| Lion Corp. | 271 | 2,907 | ||||||
| Mitsui Kinzoku Co., Ltd. | 56 | 10,885 | ||||||
| Nippon Shinyaku Co., Ltd. | 68 | 1,452 | ||||||
| Nissan Chemical Corp. | 131 | 6,173 | ||||||
| Nitto Denko Corp. | 658 | 13,741 | ||||||
| NOF Corp. | 229 | 4,010 | ||||||
| Organo Corp. | 45 | 4,149 | ||||||
| Sankyo Co., Ltd. | 223 | 2,597 | ||||||
| Sanwa Holdings Corp. | 212 | 4,583 | ||||||
| SCREEN Holdings Co., Ltd. | 119 | 9,417 | ||||||
| Shionogi & Co., Ltd. | 862 | 15,746 | ||||||
| Sumitomo Bakelite Co., Ltd. | 86 | 3,518 | ||||||
| Taiyo Holdings Co., Ltd. | 113 | 3,353 | ||||||
| Tokyo Electron Ltd. | 292 | 101,780 | ||||||
| Unicharm Corp. | 1,805 | 11,410 | ||||||
| Total Japan | 579,005 | |||||||
| Netherlands — 4.2% | ||||||||
| ASM International NV | 31 | 28,576 | ||||||
| ASML Holding NV | 242 | 399,329 | ||||||
| BE Semiconductor Industries NV | 51 | 11,633 | ||||||
| Total Netherlands | 439,538 | |||||||
| South Korea — 6.4% | ||||||||
| APR Corp. | 36 | 8,080 | ||||||
| Hanwha Systems Co., Ltd. | 182 | 7,978 | ||||||
| HD Hyundai Electric Co., Ltd. | 35 | 16,792 | ||||||
| HD Hyundai Heavy Industries Co., Ltd. | 101 | 34,075 | ||||||
| HD Hyundai Marine Solution Co., Ltd. | 43 | 5,550 | ||||||
| HD Korea Shipbuilding & Offshore Engineering Co., Ltd. | 68 | 18,339 | ||||||
| Hyosung Heavy Industries Corp. | 9 | 15,258 | ||||||
| Hyundai Rotem Co., Ltd. | 105 | 9,847 | ||||||
| LIG Defense&Aerospace Co., Ltd. | 21 | 10,296 | ||||||
| LS Electric Co., Ltd. | 145 | 18,795 | ||||||
| Rainbow Robotics* | 19 | 5,770 | ||||||
| Samsung Electronics Co., Ltd. | 2,689 | 495,099 | ||||||
| Samsung Heavy Industries Co., Ltd.* | 850 | 12,729 | ||||||
| Samyang Foods Co., Ltd. | 7 | 5,735 | ||||||
| SK Biopharmaceuticals Co., Ltd.* | 76 | 4,211 | ||||||
| Total South Korea | 668,554 |
Schedule of Investments ─ NYLIM Global Equity R&D Leaders ETF (formerly, NYLI Global Equity R&D Leaders ETF) (continued)
July 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| Sweden — 0.9% | ||||||||
| Alfa Laval AB | 401 | $ | 23,690 | |||||
| Assa Abloy AB, Class B | 1,024 | 37,901 | ||||||
| Saab AB, Class B | 518 | 32,465 | ||||||
| Total Sweden | 94,056 | |||||||
| Taiwan — 7.2% | ||||||||
| Accton Technology Corp. | 349 | 22,947 | ||||||
| Advantech Co., Ltd. | 541 | 9,424 | ||||||
| Asia Vital Components Co., Ltd. | 244 | 17,515 | ||||||
| ASMedia Technology, Inc. | 46 | 1,872 | ||||||
| Delta Electronics, Inc. | 1,617 | 82,053 | ||||||
| E Ink Holdings, Inc. | 719 | 4,205 | ||||||
| Elite Material Co., Ltd. | 223 | 32,740 | ||||||
| Fortune Electric Co., Ltd.* | 306 | 6,675 | ||||||
| Gold Circuit Electronics Ltd. | 322 | 7,901 | ||||||
| Hotai Motor Co., Ltd. | 540 | 9,323 | ||||||
| International Games System Co., Ltd. | 273 | 6,555 | ||||||
| Jentech Precision Industrial Co., Ltd. | 91 | 9,700 | ||||||
| King Slide Works Co., Ltd. | 59 | 14,330 | ||||||
| momo.com, Inc. | 257 | 1,952 | ||||||
| MPI Corp. | 61 | 9,966 | ||||||
| Parade Technologies Ltd. | 49 | 852 | ||||||
| PharmaEssentia Corp. | 408 | 13,382 | ||||||
| Phison Electronics Corp. | 138 | 7,003 | ||||||
| Taiwan Semiconductor Manufacturing Co., Ltd. | 6,280 | 471,209 | ||||||
| Wiwynn Corp. | 116 | 19,346 | ||||||
| Total Taiwan | 748,950 | |||||||
| Thailand — 0.6% | ||||||||
| Delta Electronics Thailand PCL | 7,778 | 64,754 | ||||||
| Turkey — 0.4% | ||||||||
| Aselsan Elektronik Sanayi Ve Ticaret A/S | 4,418 | 31,816 | ||||||
| Girsim Elektrik Sanayi Taahut Ve Ticaret A/S* | 446 | 702 | ||||||
| Mavi Giyim Sanayi Ve Ticaret A/S, Class B | 770 | 634 | ||||||
| Politeknik Metal Sanayi ve Ticaret A/S* | 4 | 383 | ||||||
| TR Anadolu Metal Madencilik Isletmeleri A/S* | 376 | 985 | ||||||
| Turk Altin Isletmeleri A/S* | 3,103 | 2,883 | ||||||
| Total Turkey | 37,403 | |||||||
| United Kingdom — 3.4% | ||||||||
| AstraZeneca PLC | 1,505 | 255,843 | ||||||
| GSK PLC | 3,924 | 101,997 | ||||||
| Total United Kingdom | 357,840 | |||||||
| United States — 55.8% | ||||||||
| Adobe, Inc.* | 66 | 16,527 | ||||||
| Advanced Micro Devices, Inc.* | 272 | 129,513 | ||||||
| Airbnb, Inc., Class A* | 109 | 16,516 | ||||||
| Allegion PLC | 82 | 12,907 | ||||||
| Alnylam Pharmaceuticals, Inc.* | 35 | 7,193 | ||||||
| Alphabet, Inc., Class A | 2,511 | 894,242 | ||||||
| Amazon.com, Inc.* | 1,975 | 536,371 | ||||||
| Amgen, Inc. | 140 | 53,922 | ||||||
| Apple, Inc. | 1,940 | 599,285 | ||||||
| Applied Materials, Inc. | 133 | 67,520 | ||||||
| Arista Networks, Inc.* | 210 | 37,874 | ||||||
| Atlassian Corp., Class A* | 27 | 2,727 | ||||||
| Autodesk, Inc.* | 35 | 8,197 |
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| United States (continued) | ||||||||
| Automatic Data Processing, Inc. | 104 | $ | 27,712 | |||||
| Axon Enterprise, Inc.* | 21 | 11,083 | ||||||
| BeOne Medicines Ltd., Class H* | 1,382 | 34,191 | ||||||
| Broadcom, Inc. | 794 | 309,088 | ||||||
| Cadence Design Systems, Inc.* | 46 | 15,641 | ||||||
| Church & Dwight Co., Inc. | 62 | 6,126 | ||||||
| Ciena Corp.* | 24 | 9,049 | ||||||
| Cisco Systems, Inc. | 658 | 76,321 | ||||||
| Cloudflare, Inc., Class A* | 54 | 15,065 | ||||||
| Colgate-Palmolive Co. | 208 | 18,990 | ||||||
| Corteva, Inc. | 174 | 13,696 | ||||||
| Crowdstrike Holdings, Inc., Class A* | 170 | 32,446 | ||||||
| Datadog, Inc., Class A* | 55 | 14,738 | ||||||
| Deckers Outdoor Corp.* | 35 | 3,391 | ||||||
| Deere & Co. | 70 | 41,487 | ||||||
| Dell Technologies, Inc., Class C | 54 | 21,890 | ||||||
| Dexcom, Inc.* | 100 | 8,345 | ||||||
| Docusign, Inc.* | 32 | 1,755 | ||||||
| DoorDash, Inc., Class A* | 107 | 20,989 | ||||||
| Electronic Arts, Inc. | 65 | 13,641 | ||||||
| Eli Lilly & Co. | 245 | 281,466 | ||||||
| Everpure, Inc., Class A* | 56 | 4,322 | ||||||
| Fair Isaac Corp.*(a) | 4 | 4,492 | ||||||
| Fortinet, Inc.* | 122 | 19,758 | ||||||
| Garmin Ltd. | 187 | 54,937 | ||||||
| HubSpot, Inc.* | 9 | 2,136 | ||||||
| IDEX Corp. | 19 | 4,379 | ||||||
| Illinois Tool Works, Inc. | 75 | 21,521 | ||||||
| Insulet Corp.* | 18 | 2,976 | ||||||
| International Business Machines Corp. | 157 | 35,113 | ||||||
| International Flavors & Fragrances, Inc. | 66 | 5,229 | ||||||
| Intuit, Inc. | 46 | 14,539 | ||||||
| Intuitive Surgical, Inc.* | 92 | 32,506 | ||||||
| Keysight Technologies, Inc.* | 29 | 9,253 | ||||||
| Lam Research Corp. | 209 | 61,241 | ||||||
| Marvell Technology, Inc. | 146 | 27,384 | ||||||
| Meta Platforms, Inc., Class A | 570 | 317,325 | ||||||
| Mettler-Toledo International, Inc.* | 5 | 7,082 | ||||||
| Microsoft Corp. | 1,183 | 549,764 | ||||||
| MongoDB, Inc.* | 13 | 4,387 | ||||||
| Monolithic Power Systems, Inc. | 8 | 11,408 | ||||||
| Motorola Solutions, Inc. | 28 | 12,201 | ||||||
| NVIDIA Corp. | 3,363 | 675,122 | ||||||
| Oracle Corp. | 481 | 62,468 | ||||||
| Palantir Technologies, Inc., Class A* | 383 | 47,132 | ||||||
| Palo Alto Networks, Inc.* | 136 | 45,129 | ||||||
| PepsiCo, Inc. | 355 | 49,544 | ||||||
| Pinterest, Inc., Class A* | 125 | 3,001 | ||||||
| PTC, Inc.* | 19 | 2,607 | ||||||
| QUALCOMM, Inc. | 176 | 25,979 | ||||||
| Regeneron Pharmaceuticals, Inc. | 27 | 20,591 | ||||||
| ResMed, Inc.(a) | 38 | 8,017 | ||||||
| ROBLOX Corp., Class A* | 174 | 6,194 | ||||||
| Rocket Lab Corp.*(a) | 155 | 10,067 | ||||||
| ServiceNow, Inc.* | 173 | 19,243 | ||||||
| Sherwin-Williams Co. (The) | 64 | 21,814 | ||||||
| Snowflake, Inc., Class A* | 58 | 17,010 | ||||||
| Synopsys, Inc.* | 32 | 12,440 | ||||||
| Texas Instruments, Inc. | 152 | 41,913 | ||||||
| Trade Desk, Inc. (The), Class A* | 111 | 2,002 | ||||||
| Trane Technologies PLC | 214 | 97,359 | ||||||
| Ubiquiti, Inc. | 10 | 5,565 | ||||||
| Veeva Systems, Inc., Class A* | 42 | 8,559 | ||||||
| Veralto Corp. | 64 | 6,027 | ||||||
| Vertex Pharmaceuticals, Inc.* | 66 | 31,489 | ||||||
| Vertiv Holdings Co., Class A | 100 | 24,157 |
Schedule of Investments ─ NYLIM Global Equity R&D Leaders ETF (formerly, NYLI Global Equity R&D Leaders ETF) (continued)
July 31, 2026 (unaudited)
| Shares | Value | |||||||
| Common Stocks (continued) | ||||||||
| United States (continued) | ||||||||
| Workday, Inc., Class A*(a) | 34 | $ | 5,452 | |||||
| Zoetis, Inc. | 109 | 8,425 | ||||||
| Zscaler, Inc.* | 27 | 4,082 | ||||||
| Total United States | 5,823,245 | |||||||
| Total Common Stocks | ||||||||
| (Cost $8,501,030) | 10,193,502 | |||||||
| Preferred Stock — 0.0%(b) | ||||||||
| Germany — 0.0%(b) | ||||||||
| FUCHS SE, 3.00% | ||||||||
| (Cost $2,414) | 53 | 2,449 | ||||||
| Warrants — 0.0%(b) | ||||||||
| Canada — 0.0%(b) | ||||||||
| Constellation Software, Inc., expires 3/31/40*(c) | ||||||||
| (Cost $0) | 11 | 0 | ||||||
| Investment Companies — 2.0% | ||||||||
| United States — 2.0% | ||||||||
| iShares Semiconductor ETF | 119 | 60,082 | ||||||
| State Street Consumer Discretionary Select Sector SPDR ETF | 687 | 79,754 | ||||||
| Vanguard Consumer Discretionary ETF(a) | 169 | 66,129 | ||||||
| Total Investment Companies | ||||||||
| (Cost $196,659) | 205,965 | |||||||
| Short-Term Investments — 0.5% | ||||||||
| Money Market Funds — 0.5% | ||||||||
| BNY Dreyfus Government Cash Management Fund, Institutional Shares, 3.53%(d)(e) | 48,964 | 48,964 | ||||||
| BNY Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 3.64%(d) | 3 | 3 | ||||||
| Total Short-Term Investments | ||||||||
| (Cost $48,967) | 48,967 | |||||||
| Total Investments — 100.2% (Cost $8,749,070) | 10,450,883 | |||||||
| Other Assets and Liabilities, Net — (0.2)% | (21,646 | ) | ||||||
| Net Assets — 100.0% | $ | 10,429,237 |
| % of | ||||||||
| Industry | Value | Net Assets | ||||||
| Information Technology | $ | 5,314,627 | 50.9 | % | ||||
| Communication Services | 1,363,679 | 13.1 | ||||||
| Health Care | 1,187,476 | 11.4 | ||||||
| Industrials | 1,156,147 | 11.1 | ||||||
| Consumer Discretionary | 903,776 | 8.7 | ||||||
| Investment Companies | 205,965 | 2.0 | ||||||
| Consumer Staples | 152,071 | 1.4 | ||||||
| Materials | 118,175 | 1.1 | ||||||
| Money Market Funds | 48,967 | 0.5 | ||||||
| Total Investments | $ | 10,450,883 | 100.2 | % | ||||
| Other Assets and Liabilities, Net | (21,646 | ) | (0.2 | ) | ||||
| Total Net Assets | $ | 10,429,237 | 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 $92,371; total market value of collateral held by the Fund was $93,463. Market value of the collateral held includes non-cash U.S. Treasury securities collateral having a value of $44,499. |
| (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. |
| (d) | Reflects the 1-day yield at July 31, 2026. |
| (e) | Represents security purchased with cash collateral received for securities on loan. |
Schedule of Investments ─ NYLIM Global Equity R&D Leaders ETF (formerly, NYLI Global Equity R&D Leaders ETF) (continued)
July 31, 2026 (unaudited)
The following is a summary of the inputs used to value the Fund's investments as of July 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:(f) | ||||||||||||||||
| Common Stocks | $ | 10,193,502 | $ | — | $ | — | $ | 10,193,502 | ||||||||
| Preferred Stock | 2,449 | — | — | 2,449 | ||||||||||||
| Warrants | — | — | 0 | (g) | — | |||||||||||
| Investment Companies | 205,965 | — | — | 205,965 | ||||||||||||
| Short-Term Investments: | ||||||||||||||||
| Money Market Funds | 48,967 | — | — | 48,967 | ||||||||||||
| Total Investments in Securities | $ | 10,450,883 | $ | — | $ | 0 | $ | 10,450,883 | ||||||||
| (f) | For a complete listing of investments and their countries, see the Schedule of Investments. |
| (g) | 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.