IQ Hedge Multi-Strategy Tracker ETF (QAI)
30.89
+0.12
(+0.39%)
USD |
NYSEARCA |
Mar 28, 16:00
30.87
-0.02
(-0.06%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.78% | 0.07% | 603.47M | 106101.5 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
3.97% | 94.00% | -14.28M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund is a "fund of funds" which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | Medium Quality/Limited Sensitivity |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Category Name | Multistrategy |
Category Index | Morningstar Mod Con Tgt Risk TR USD |
Global Category Name | Multialternative |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | IndexIQ |
Prospectus Benchmark Index | |
IQ Hedge Multi-Strategy TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Manager Tenure | |
Greg Barrato | 13.01 yrs |
Francis Ok | 0.41 yrs |
Performance Versus Category
As of March 28, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 28, 2024.
Basic Info
Investment Strategy | |
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund is a "fund of funds" which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | Medium Quality/Limited Sensitivity |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Category Name | Multistrategy |
Category Index | Morningstar Mod Con Tgt Risk TR USD |
Global Category Name | Multialternative |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | IndexIQ |
Prospectus Benchmark Index | |
IQ Hedge Multi-Strategy TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Manager Tenure | |
Greg Barrato | 13.01 yrs |
Francis Ok | 0.41 yrs |