IndexIQ ETF Trust

09/19/2025 | Press release | Distributed by Public on 09/19/2025 06:01

Prospectus by Investment Company (Form 497)

NEW YORK LIFE INVESTMENTS ETF TRUST

NYLI CANDRIAM INTERNATIONAL EQUITY ETF

NYLI CANDRIAM U.S. LARGE CAP EQUITY ETF

NYLI CANDRIAM U.S. MID CAP EQUITY ETF

(each, a "Fund")

Supplement dated September 19, 2025("Supplement") to each Fund's

Summary Prospectus and Prospectus, each dated August 28, 2025

Capitalized terms and certain other terms used in this Supplement, unless otherwise defined in this Supplement, have the meanings assigned to them in the Summary Prospectus and Prospectus.

Effective December 22, 2025, the following sentence will be added at the end of the fourth paragraph of the "Principal Investment Strategies" section of each Fund's Summary Prospectus and Prospectus:

A company included in the Underlying Index whose overall ranking subsequently falls to between the top 70% and 80% of its applicable industry sector may remain in the Underlying Index at a reduced weight for the following two index rebalances.

PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE

REG-00076-09/25

IndexIQ ETF Trust published this content on September 19, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 19, 2025 at 12:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]