| | | | | 4 | | | |
| | | | | 11 | | | |
| | | | | 23 | | | |
| | | | | 33 | | | |
| | | | | 43 | | | |
| | | | | 51 | | | |
| | | | | 59 | | | |
| | | | | 68 | | | |
| | | | | 68 | | | |
| | | | | 69 | | | |
| | | | | 70 | | | |
| | | | | 87 | | | |
| | | | | 88 | | | |
| | | | | 93 | | | |
| | | | | 93 | | | |
| | | | | 93 | | | |
| | | | | 94 | | | |
| | | | | 95 | | | |
| | | | | 95 | | | |
| | | | | 100 | | | |
| | | | | 100 | | | |
| | | | | 100 | | | |
| | | | | 101 | | | |
| | | | | 108 | | |
| |
| |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Acquired Fund Fees and Expense(a) | | | | | | | |
| Total Annual Fund Operating Expenses | | | | | | | |
| Expense Waiver/Reimbursement(b) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
Return |
| |
Quarter/Year
|
| ||||||
| | | | | | | | | | | |||
| | | | - |
| | | | | | |
| | |
1 Year |
| |
Since Inception(1) |
| ||||||
Returns before taxes | | | | | | | | | | | | ||
Returns after taxes on distributions(2) | | | | | - |
| | | | | - |
| |
Returns after taxes on distributions and sale of Fund Shares(2) | | | | | | | | | | | | ||
Bloomberg
Short Treasury 3-6 Month Index |
| | | | | | | | | | |
Name
& Title |
| |
Length of Service as Fund’s Portfolio Manager |
|
Kenneth Sommer, Managing Director | | |
Since Fund’s
inception |
|
Matthew Downs, Senior Director | | |
Since Fund’s
inception |
|
| |
| |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Total Annual Fund Operating Expenses | | | | | | | |
| Expense Waiver/Reimbursement(a) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
Return |
| |
Quarter/Year
|
| ||||||
| | | | | | | | | | | |||
| | | | - |
| | | | | | |
| | |
1 Year |
| |
Since Inception(1) |
| ||||||
Returns before taxes | | | | | - |
| | | | | - |
| |
Returns after taxes on distributions(2) | | | | | - |
| | | | | - |
| |
Returns after taxes on distributions and sale of Fund Shares(2) | | | | | - |
| | | | | - |
| |
Bloomberg
U.S. Aggregate Bond Index |
| | | | - |
| | | | | - |
| |
Name
& Title |
| |
Length of Service as Fund’s Portfolio Manager |
|
Neil Moriarty, III, Senior Managing Director | | |
Since Fund’s inception |
|
Michael DePalma, Managing Director | | | Since May 2023 | |
Tom Musmanno, Managing Director | | | Since May 2023 | |
Lesya Paisley, Director | | | Since August 2022 | |
Shu-Yang Tan, Managing Director | | | Since May 2023 | |
Valentina Chen, Senior Managing Director | | | Since August 2023 | |
Philip Fielding, Senior Managing Director | | | Since August 2023 | |
| |
| |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Total Annual Fund Operating Expenses | | | | | | | |
| Expense Waiver/Reimbursement(a) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
Name &
Title |
| |
Length of Service
as Fund’s Portfolio Manager |
|
Matt Jacob, Managing Director | | |
Since Fund’s inception |
|
Cameron White, Director | | | Since August 2023 | |
| Shareholder Fees (fees paid directly from
your investment): |
| |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Total Annual Fund Operating Expenses | | | | | | | |
| Expense Waiver/Reimbursement(a) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
Name &
Title |
| |
Length of Service
as Fund’s Portfolio Manager |
|
Neil Moriarty, III, Senior Managing Director | | |
Since Fund’s inception |
|
Michael DePalma, Managing Director | | | Since May 2023 | |
Sanjit Gill, Director | | |
Since Fund’s inception |
|
Tom Musmanno, Managing Director | | | Since May 2023 | |
Lesya Paisley, Director | | |
Since Fund’s inception |
|
Edward Silverstein, Senior Managing Director | | |
Since Fund’s inception |
|
Scott Sprauer, Senior Managing Director | | |
Since Fund’s inception |
|
Valentina Chen, Senior Managing Director | | | Since August 2023 | |
Philip Fielding, Senior Managing Director | | | Since August 2023 | |
Matt Jacob, Managing Director | | | Since August 2023 | |
| Shareholder Fees (fees paid directly from
your investment): |
| |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Acquired Fund Fees and Expense(a) | | | | | | | |
| Total Annual Fund Operating Expenses | | | | | | | |
| Expense Waiver/Reimbursement(b) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
Return |
| |
Quarter/Year
|
| ||||||
| | | | | | | | | | | |||
| | | | - |
| | | | | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception(1) |
| |||||||||
Returns before taxes | | | | | - |
| | | | | | | | | | | | ||
Returns after taxes on distributions(2) | | | | | - |
| | | | | | | | | | | | ||
Returns after taxes on distributions and sales of Fund shares(2) | | | | | - |
| | | | | | | | | | | | ||
Bloomberg
Municipal All Insured Bond Index |
| | | | - |
| | | | | | | | | | | |
Name &
Title |
| |
Length of Service as Fund’s Portfolio Manager |
|
Michael Denlinger, Managing Director | | | Since 2020 | |
David Dowden, Managing Director | | |
Since Fund’s inception |
|
John Lawlor, Managing Director | | |
Since Fund’s inception |
|
Frances Lewis, Senior Managing Director | | | Since 2018 | |
Scott Sprauer, Senior Managing Director | | |
Since Fund’s inception |
|
| |
| |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Acquired Fund Fees and Expense(a) | | | | | | | |
| Total Annual Fund Operating Expenses | | | | | | | |
|
Expense
Waiver/Reimbursement(b) |
| | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3 Years
|
| |
5 Years
|
| |
10 Years
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
Return |
| |
Quarter/Year
|
| ||||||
| | | | | | | | | | | |||
| | | | - |
| | | | | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception(1) |
| |||||||||
Returns before taxes | | | | | - |
| | | | | | | | | | | | ||
Returns after taxes on distributions(2) | | | | | - |
| | | | | | | | | | | | ||
Returns after taxes on distributions and sales of Fund Shares(2) | | | | | - |
| | | | | | | | | | | | ||
Bloomberg
Municipal Bond Index 1-15 Year Blend |
| | | | - |
| | | | | | | | | | | |
Name
& Title |
| |
Length of Service as Fund’s Portfolio Manager |
|
Michael Denlinger, Managing Director | | | Since 2020 | |
David Dowden, Managing Director | | |
Since Fund’s inception |
|
John Lawlor, Managing Director | | |
Since Fund’s inception |
|
Frances Lewis, Senior Managing Director | | | Since 2018 | |
Scott Sprauer, Senior Managing Director | | |
Since Fund’s inception |
|
| |
| |
| Management Fee | | | | | | | |
| Distribution and/or Service (12b-1) Fees | | | | | | | |
| Other Expenses | | | | | | | |
| Acquired Fund Fees and Expense(a) | | | | | | | |
| Total Annual Fund Operating Expenses | | | | | | | |
| Expense Waiver/Reimbursement(b) | | | | | | | |
| Total Annual Fund Operating Expenses After Expense Waiver/Reimbursement | | | | | | |
1
Year |
| |
3
Years |
| |
5 Years
|
| |
10
Years |
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
Return |
| |
Quarter/Year
|
| ||||||
| | | | | | | | | | | |||
| | | | - |
| | | | | | |
| | |
1 Year |
| |
Since Inception(1) |
| ||||||
Returns before taxes | | | | | - |
| | | | | - |
| |
Returns after taxes on distributions(2) | | | | | - |
| | | | | - |
| |
Returns after taxes on distributions and sale of Fund Shares(2) | | | | | - |
| | | | | - |
| |
Bloomberg
California Intermediate Municipal Bond Index |
| | | | - |
| | | | | - |
| |
Name
& Title |
| |
Length of Service as Fund’s Portfolio Manager |
|
Michael Denlinger, Managing Director | | |
Since Fund’s Inception |
|
John Lawlor, Managing Director | | |
Since Fund’s Inception |
|
Frances Lewis, Senior Managing Director | | | Since August 2023 | |
Scott Sprauer, Senior Managing Director | | |
Since Fund’s Inception |
|
X Principal Risk
•
Additional Risk |
| |
IQ Ultra Short Duration ETF |
| |
IQ MacKay ESG Core Plus Bond ETF |
| |
IQ MacKay ESG High Income ETF |
| |
IQ MacKay Multi-Sector Income ETF |
| |
IQ MacKay Municipal Insured ETF |
| |
IQ MacKay Municipal Intermediate ETF |
| |
IQ MacKay California Municipal Intermediate ETF |
|
Asset-Backed Securities Risk | | |
X |
| |
X |
| | | | |
X |
| | | | | | | | | |
Alternative Minimum Tax Risk | | | | | | | | | | | | | | |
X |
| |
X |
| |
X |
|
Authorized
Participant Concentration Risk |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Bank Loans Risk | | | | | | | | | | | |
X |
| | | | | | | | | |
California State Specific Risk | | | | | | | | | | | | | | | | | | | | |
X |
|
Cash Transactions Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Contingent Convertible Securities Risk
|
| | | | | | | | | | |
X |
| | | | | | | | | |
Convertible Securities Risk | | |
X |
| | | | |
X |
| |
X |
| | | | | | | | | |
Corporate Bonds Risk | | | | | | | | |
X |
| | | | | | | | | | | | |
Counterparty Risk | | | | | | | | |
X |
| |
X |
| | | | | | | | | |
Credit Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Currency Risk | | | | | |
X |
| | | | |
X |
| | | | | | | | | |
Cyber Security Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Debt Securities Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Derivatives Risk | | |
X |
| |
X |
| |
X |
| |
X |
| | | | | | | | | |
Emerging Markets Securities Risk | | | | | |
X |
| | | | |
X |
| | | | | | | | | |
Equity Securities Risk | | | | | | | | |
X |
| | | | | | | | | | | | |
Exchange Traded Products Risk | | | | | | | | |
X |
| |
X |
| | | | | | | | | |
Focused Investment Risk | | | | | | | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Foreign Currency
Forward Contracts Risk |
| | | | |
X |
| |
X |
| |
X |
| | | | | | | | | |
Foreign Securities Risk | | |
X |
| |
X |
| |
X |
| |
X |
| | | | | | | | | |
Foreign Securities Valuation Risk | | |
X |
| |
X |
| |
X |
| |
X |
| | | | | | | | | |
Futures Contracts Risk | | | | | |
X |
| |
X |
| | | | | | | | | | | | |
High Yield Municipal Bond Risk | | | | | | | | | | | | | | | | | | | | |
X |
|
High Yield Securities Risk | | | | | |
X |
| |
X |
| |
X |
| | | | | | | | | |
Income Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Interest Rate Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Investment Style Risk | | | | | | | | | ||||||||||||||
The following is a sub-risk to this Risk: | | | | | |
X |
| |
X |
| | | | | | | | | | | | |
*ESG Investing Style Risk |
| | | | |
X |
| |
X |
| | | | | | | | | | | | |
Issuer Risk | | | | | | | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Large Investments Risk | | |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
|
LIBOR Replacement Risk | | |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
|
Liquidity Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Market
Disruption Risk and Recent Market Events |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
|
Market Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Money Market/Short-Term
Securities Risk |
| |
X |
| |
X |
| |
X |
| | | | |
X |
| |
X |
| |
X |
|
X Principal Risk
•
Additional Risk |
| |
IQ Ultra Short Duration ETF |
| |
IQ MacKay ESG Core Plus Bond ETF |
| |
IQ MacKay ESG High Income ETF |
| |
IQ MacKay Multi-Sector Income ETF |
| |
IQ MacKay Municipal Insured ETF |
| |
IQ MacKay Municipal Intermediate ETF |
| |
IQ MacKay California Municipal Intermediate ETF |
|
Municipal Bond Risk | | | | | |
X |
| | | | |
X |
| |
X |
| |
X |
| |
X |
|
Municipal Bond Market Liquidity Risk | | | | | |
X |
| | | | |
X |
| |
X |
| |
X |
| |
X |
|
Municipal Insurance Risk | | | | | | | | | | | | | | |
X |
| | | | |
X |
|
Operational Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Option Contracts Risk | | | | | | | | |
X |
| | | | | | | | | | | | |
Portfolio Management Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Portfolio Turnover Risk | | |
X |
| |
X |
| | | | |
X |
| |
X |
| | | | |
X |
|
Preferred Securities Risk | | | | | | | | | | | |
X |
| | | | | | | | | |
Private Placement and
Restricted Securities Risk |
| | | | | | | | | | |
X |
| | | | | | | |
X |
|
Repurchase Agreement Risk | | |
X |
| | | | | | | | | | | | | | | | | | |
Risks of Investing in Loans | | | | | |
X |
| |
X |
| | | | | | | | | | | | |
Risks of Loan
Assignments and Participations |
| | | | |
X |
| |
X |
| | | | | | | | | | | | |
Secondary Market Trading Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Short Sales Risk | | | | | | | | | | | |
X |
| | | | | | | | | |
Swap Agreements Risk | | | | | |
X |
| |
X |
| |
X |
| | | | | | | | | |
Trading Price Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
U.S. Tax Risk | | |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
| |
• |
|
Valuation Risk | | |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
| |
X |
|
Variable
and Floating Rate Instruments Risk |
| | | | |
X |
| | | | |
X |
| | | | | | | |
X |
|
Zero Coupon Securities Risk | | | | | |
X |
| | | | |
X |
| | | | | | | | | |
Fund Name
|
| |
Management
Fee |
| |||
IQ Ultra Short Duration ETF | | | | | 0.24% | | |
IQ MacKay ESG Core Plus Bond ETF | | | | | 0.39% | | |
IQ MacKay ESG High Income ETF | | | | | 0.40% | | |
IQ MacKay Multi-Sector Income ETF | | | | | 0.40% | | |
IQ MacKay Municipal Insured ETF | | | | | 0.40% | | |
IQ MacKay Municipal Intermediate ETF | | | | | 0.40% | | |
IQ MacKay California Municipal Intermediate ETF | | | | | 0.45% | | |
Fund Name
|
| |
Total Annual Fund Operating
Expenses After Expense Waiver/Reimbursement |
| |||
IQ Ultra Short Duration ETF | | | | | 0.24% | | |
IQ MacKay ESG Core Plus Bond ETF | | | | | 0.39% | | |
IQ MacKay ESG High Income ETF | | | | | 0.40% | | |
IQ MacKay Multi-Sector Income ETF | | | | | 0.40% | | |
IQ MacKay Municipal Insured ETF | | | | | 0.30% | | |
IQ MacKay Municipal Intermediate ETF | | | | | 0.30% | | |
IQ MacKay California Municipal Intermediate ETF | | | | | 0.35% | | |
| | |
IQ Ultra Short
Duration ETF |
| |||||||||||||||||||||
| | |
For the Year Ended
April 30, |
| |
For
the Period July 31, 2019(a) to April 30, 2020 |
| ||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |||||||||||||||
Net asset value, beginning of period |
| | | $ | 48.01 | | | | | $ | 49.60 | | | | | $ | 48.91 | | | | | $ | 50.01 | | |
Income from Investment Operations | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(b)
|
| | | | 1.40 | | | | | | 0.49 | | | | | | 0.51 | | | | | | 0.74 | | |
Net realized and unrealized gain (loss)
|
| | | | (0.22) | | | | | | (0.96) | | | | | | 0.97 | | | | | | (1.07) | | |
Net increase (decrease)
in net assets resulting from investment operations |
| | | | 1.18 | | | | | | (0.47) | | | | | | 1.48 | | | | | | (0.33) | | |
Distributions from: | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (1.49) | | | | | | (0.51) | | | | | | (0.56) | | | | | | (0.75) | | |
Net realized gain |
| | | | — | | | | | | (0.61) | | | | | | (0.23) | | | | | | (0.02) | | |
Total distributions
from net investment income and realized gains |
| | | | (1.49) | | | | | | (1.12) | | | | | | (0.79) | | | | | | (0.77) | | |
Net asset value, end of period |
| | | $ | 47.70 | | | | | $ | 48.01 | | | | | $ | 49.60 | | | | | $ | 48.91 | | |
Market price, end of period |
| | | $ | 47.68 | | | | | $ | 47.94 | | | | | $ | 49.60 | | | | | $ | 48.99 | | |
Total Return | | | | | | | | | | | | | | | | | | | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | 2.53% | | | | | | (0.97)% | | | | | | 3.08% | | | | | | (0.68)% | | |
Total investment return based on market
price(d)
|
| | | | 2.63% | | | | | | (1.10)% | | | | | | 2.88% | | | | | | (0.52)%(e) | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of period (000’s omitted)
|
| | | $ | 54,854 | | | | | $ | 124,817 | | | | | $ | 252,978 | | | | | $ | 149,182 | | |
Ratio to average net assets of: | | | | | | | | | | | | | | | | | | | | | | | | | |
Expenses net of waivers |
| | | | 0.24% | | | | | | 0.24% | | | | | | 0.24% | | | | | | 0.24%(f) | | |
Expenses excluding waivers |
| | | | 0.46% | | | | | | 0.35% | | | | | | 0.33% | | | | | | 0.49%(f) | | |
Net investment income |
| | | | 2.93% | | | | | | 1.00% | | | | | | 1.03% | | | | | | 2.00%(f) | | |
Portfolio turnover rate(g)
|
| | | | 340% | | | | | | 132% | | | | | | 185% | | | | | | 292% | | |
| | |
IQ MacKay ESG Core Plus Bond ETF |
| |||||||||
| | |
For the Year Ended April 30, 2023 |
| |
For the
Period June 29, 2021(a) to April 30, 2022 |
| ||||||
Net asset value, beginning of period
|
| | | $ | 22.35 | | | | | $ | 25.00 | | |
Income from Investment Operations | | | | | | | | | | | | | |
Net investment income(b)
|
| | | | 0.86 | | | | | | 0.40 | | |
Net realized and unrealized gain (loss)
|
| | | | (1.16) | | | | | | (2.70) | | |
Net increase (decrease) in net assets
resulting from investment operations |
| | | | (0.30) | | | | | | (2.30) | | |
Distributions from: | | | | | | | | | | | | | |
Net investment income |
| | | | (0.77) | | | | | | (0.32) | | |
Net realized gain |
| | | | — | | | | | | (0.03) | | |
Total distributions from net investment
income and realized gains |
| | | | (0.77) | | | | | | (0.35) | | |
Net asset value, end of period |
| | | $ | 21.28 | | | | | $ | 22.35 | | |
Market price, end of period |
| | | $ | 21.24 | | | | | $ | 22.38 | | |
Total Return | | | | | | | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | (1.31)% | | | | | | (9.31)% | | |
Total investment return based on market
price(d)
|
| | | | (1.59)% | | | | | | (9.21)%(e) | | |
Ratios/Supplemental Data | | | | | | | | | | | | | |
Net assets, end of period (000’s omitted)
|
| | | $ | 242,543 | | | | | $ | 148,625 | | |
Ratio to average net assets of: | | | | | | | | | | | | | |
Expenses net of waivers |
| | | | 0.39% | | | | | | 0.39%(f) | | |
Expenses excluding waivers |
| | | | 0.50% | | | | | | 0.64%(f) | | |
Net investment income |
| | | | 4.06% | | | | | | 2.00%(f) | | |
Portfolio turnover rate(g)
|
| | | | 212% | | | | | | 333% | | |
| | |
IQ MacKay ESG High Income ETF |
| |||
| | |
For the
Period October 25, 2022(a) to April 30, 2023 |
| |||
Net asset value, beginning of period
|
| | | $ | 25.00 | | |
Income from Investment Operations | | | | | | | |
Net investment income(b)
|
| | | | 0.99 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.77 | | |
Net increase (decrease) in net assets
resulting from investment operations |
| | | | 1.76 | | |
Distributions from: | | | | | | | |
Net investment income |
| | | | (0.78) | | |
Net asset value, end of period |
| | | $ | 25.98 | | |
Market price, end of period |
| | | $ | 26.03 | | |
Total Return | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | 7.12% | | |
Total investment return based on market
price(d)
|
| | | | 7.29%(e) | | |
Ratios/Supplemental Data | | | | | | | |
Net assets, end of period (000’s omitted)
|
| | | $ | 25,985 | | |
Ratio to average net assets of: | | | | | | | |
Expenses net of waivers |
| | | | 0.40%(f) | | |
Expenses excluding waivers |
| | | | 0.81%(f) | | |
Net investment income |
| | | | 7.48%(f) | | |
Portfolio turnover rate(g)
|
| | | | 30% | | |
| | |
IQ MacKay Multi-Sector Income ETF |
| |||
| | |
For the
Period July 26, 2022(a) to April 30, 2023 |
| |||
Net asset value, beginning of period
|
| | | $ | 25.00 | | |
Income from Investment Operations | | | | | | | |
Net investment income(b)
|
| | | | 0.90 | | |
Net realized and unrealized gain (loss)
|
| | | | (0.82) | | |
Net increase (decrease) in net assets
resulting from investment operations |
| | | | 0.08 | | |
Distributions from: | | | | | | | |
Net investment income |
| | | | (0.75) | | |
Net asset value, end of period |
| | | $ | 24.33 | | |
Market price, end of period |
| | | $ | 24.34 | | |
Total Return | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | 0.42% | | |
Total investment return based on market
price(d)
|
| | | | 0.45%(e) | | |
Ratios/Supplemental Data | | | | | | | |
Net assets, end of period (000’s omitted)
|
| | | $ | 24,332 | | |
Ratio to average net assets of: | | | | | | | |
Expenses net of waivers |
| | | | 0.40%(f) | | |
Expenses excluding waivers |
| | | | 0.74%(f) | | |
Net investment income |
| | | | 4.86%(f) | | |
Portfolio turnover rate(g)
|
| | | | 131% | | |
| | |
IQ MacKay Municipal
Insured ETF |
| |||||||||||||||||||||||||||
| | |
For the Year Ended
April 30, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year
|
| | | $ | 24.66 | | | | | $ | 27.51 | | | | | $ | 25.89 | | | | | $ | 25.61 | | | | | $ | 24.67 | | |
Income from Investment Operations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(a)
|
| | | | 0.74 | | | | | | 0.36 | | | | | | 0.38 | | | | | | 0.53 | | | | | | 0.72 | | |
Net realized and unrealized gain (loss)
|
| | | | (0.32) | | | | | | (2.71) | | | | | | 1.76 | | | | | | 0.50(b) | | | | | | 0.90 | | |
Net increase (decrease)
in net assets resulting from investment operations |
| | | | 0.42 | | | | | | (2.35) | | | | | | 2.14 | | | | | | 1.03 | | | | | | 1.62 | | |
Distributions from: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.79) | | | | | | (0.49) | | | | | | (0.52) | | | | | | (0.64) | | | | | | (0.68) | | |
Net realized gain |
| | | | — | | | | | | (0.01) | | | | | | — | | | | | | (0.11) | | | | | | — | | |
Total distributions
from net investment income and realized gains |
| | | | (0.79) | | | | | | (0.50) | | | | | | (0.52) | | | | | | (0.75) | | | | | | (0.68) | | |
Net asset value, end of year |
| | | $ | 24.29 | | | | | $ | 24.66 | | | | | $ | 27.51 | | | | | $ | 25.89 | | | | | $ | 25.61 | | |
Market price, end of year |
| | | $ | 24.33 | | | | | $ | 24.65 | | | | | $ | 27.54 | | | | | $ | 26.00 | | | | | $ | 25.64 | | |
Total Return | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | 1.74% | | | | | | (8.70)% | | | | | | 8.32% | | | | | | 4.05% | | | | | | 6.72% | | |
Total investment return based on market
price(d)
|
| | | | 2.00% | | | | | | (8.85)% | | | | | | 7.97% | | | | | | 4.36% | | | | | | 6.02% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (000’s omitted)
|
| | | $ | 363,076 | | | | | $ | 365,028 | | | | | $ | 444,327 | | | | | $ | 88,035 | | | | | $ | 43,539 | | |
Ratio to average net assets of: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Expenses net of waivers |
| | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | |
Expenses excluding waivers |
| | | | 0.50% | | | | | | 0.49% | | | | | | 0.51% | | | | | | 0.57% | | | | | | 0.77% | | |
Net investment income |
| | | | 3.08% | | | | | | 1.31% | | | | | | 1.40% | | | | | | 2.01% | | | | | | 2.89% | | |
Portfolio turnover rate(e)
|
| | | | 136% | | | | | | 80% | | | | | | 36% | | | | | | 71% | | | | | | 56% | | |
| | |
IQ MacKay Municipal
Intermediate ETF |
| |||||||||||||||||||||||||||
| | |
For the Year Ended
April 30, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year
|
| | | $ | 24.47 | | | | | $ | 26.82 | | | | | $ | 25.22 | | | | | $ | 25.61 | | | | | $ | 24.67 | | |
Income from Investment Operations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(a)
|
| | | | 0.63 | | | | | | 0.28 | | | | | | 0.47 | | | | | | 0.53 | | | | | | 0.69 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.00(b)(f) | | | | | | (2.16) | | | | | | 1.73 | | | | | | 0.16(b) | | | | | | 0.91 | | |
Net increase (decrease)
in net assets resulting from investment operations |
| | | | 0.63 | | | | | | (1.88) | | | | | | 2.20 | | | | | | 0.69 | | | | | | 1.60 | | |
Distributions from: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.65) | | | | | | (0.39) | | | | | | (0.58) | | | | | | (0.67) | | | | | | (0.66) | | |
Net realized gain |
| | | | — | | | | | | (0.08) | | | | | | (0.02) | | | | | | (0.41) | | | | | | — | | |
Total distributions
from net investment income and realized gains |
| | | | (0.65) | | | | | | (0.47) | | | | | | (0.60) | | | | | | (1.08) | | | | | | (0.66) | | |
Net asset value, end of year |
| | | $ | 24.45 | | | | | $ | 24.47 | | | | | $ | 26.82 | | | | | $ | 25.22 | | | | | $ | 25.61 | | |
Market price, end of year |
| | | $ | 24.49 | | | | | $ | 24.47 | | | | | $ | 26.84 | | | | | $ | 25.22 | | | | | $ | 25.66 | | |
Total Return | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | 2.66% | | | | | | (7.13)% | | | | | | 8.80% | | | | | | 2.65% | | | | | | 6.59% | | |
Total investment return based on market
price(d)
|
| | | | 2.80% | | | | | | (7.19)% | | | | | | 8.90% | | | | | | 2.44% | | | | | | 6.62% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (000’s omitted)
|
| | | $ | 414,502 | | | | | $ | 229,984 | | | | | $ | 124,700 | | | | | $ | 51,708 | | | | | $ | 43,541 | | |
Ratio to average net assets of: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Expenses net of waivers |
| | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | | | | | 0.30% | | |
Expenses excluding waivers |
| | | | 0.50% | | | | | | 0.51% | | | | | | 0.57% | | | | | | 0.62% | | | | | | 0.71% | | |
Net investment income |
| | | | 2.59% | | | | | | 1.05% | | | | | | 1.78% | | | | | | 2.02% | | | | | | 2.76% | | |
Portfolio turnover rate(e)
|
| | | | 64% | | | | | | 74% | | | | | | 43% | | | | | | 77% | | | | | | 72% | | |
| | |
IQ MacKay California Municipal Intermediate ETF |
| |||||||||
| | |
For the
Year Ended April 30, 2023 |
| |
For the
Period December 21, 2021(a) to April 30, 2022 |
| ||||||
Net asset value, beginning of period
|
| | | $ | 21.78 | | | | | $ | 25.00 | | |
Income from Investment Operations | | | | | | | | | | | | | |
Net investment income(b)
|
| | | | 0.62 | | | | | | 0.13 | | |
Net realized and unrealized gain (loss)
|
| | | | (0.12) | | | | | | (3.18) | | |
Net increase (decrease) in net assets
resulting from investment operations |
| | | | 0.50 | | | | | | (3.05) | | |
Distributions from: | | | | | | | | | | | | | |
Net investment income |
| | | | (0.65) | | | | | | (0.17) | | |
Net asset value, end of period |
| | | $ | 21.63 | | | | | $ | 21.78 | | |
Market price, end of period |
| | | $ | 21.65 | | | | | $ | 21.80 | | |
Total Return | | | | | | | | | | | | | |
Total investment return based on net
asset value(c)
|
| | | | 2.28% | | | | | | (12.25)% | | |
Total investment return based on market
price(d)
|
| | | | 2.33% | | | | | | (12.17)%(e) | | |
Ratios/Supplemental Data | | | | | | | | | | | | | |
Net assets, end of period (000’s omitted)
|
| | | $ | 50,823 | | | | | $ | 43,566 | | |
Ratio to average net assets of: | | | | | | | | | | | | | |
Expenses net of waivers |
| | | | 0.35% | | | | | | 0.35%(f) | | |
Expenses excluding waivers |
| | | | 0.69% | | | | | | 0.73%(f) | | |
Net investment income |
| | | | 2.86% | | | | | | 1.54%(f) | | |
Portfolio turnover rate(g)
|
| | | | 98% | | | | | | 86% | | |