IQ Hedge Event-Driven Tracker ETF (QED)
22.72
-0.01 (-0.03%)
USD |
Sep 18, 20:00
Price Chart
Key Stats
Customize
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.72% | -0.01% | 9.089M | 1443.97 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 1.98% | 77.00% | 4.528M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ Hedge Event-Driven Index (the "underlying 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 | Small Cap/Growth |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Market Neutral |
| Category Index | USTREAS T-Bill Auction Ave 3 Mon |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| IQ Hedge Event-Driven Beta TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Greg Barrato | 5.45 yrs |
| James Harrison | 2.34 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
34
4.528M
-537.46M
Category Low
2.327B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of August 31, 2020
Performance Versus Category
As of September 18, 2020. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of September 18, 2020.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF | 37.68% | 82.95 | -0.02% |
| Invesco Senior Loan ETF | 17.93% | 22.00 | -0.18% |
| SPDR® Blmbg Barclays Convert Secs ETF | 16.17% | 68.38 | 0.32% |
| SPDR® Portfolio Short Term Corp Bd ETF | 7.92% | 31.38 | -0.03% |
| SPDR® Blackstone / GSO Senior Loan ETF | 6.18% | 45.11 | -0.09% |
| iShares iBoxx $ High Yield Corp Bd ETF | 3.71% | 84.29 | -0.25% |
| Vanguard Small-Cap Growth ETF | 3.57% | 212.01 | -0.50% |
| iShares Russell 2000 Growth ETF | 2.97% | 222.59 | 0.02% |
|
Payb Ishares U.S. Preferred Stock Etf
|
2.21% | -- | -- |
| SPDR® Blmbg Barclays High Yield Bd ETF | 1.57% | 104.85 | -0.29% |
News
Headline
Wire
Time (ET)
Business Wire
10/03 12:31
PR Newswire
04/30 10:06
PR Newswire
01/08 13:00
PR Newswire
07/12 09:00
PR Newswire
03/13 10:53
Basic Info
| Investment Strategy | |
| The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ Hedge Event-Driven Index (the "underlying 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 | Small Cap/Growth |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Market Neutral |
| Category Index | USTREAS T-Bill Auction Ave 3 Mon |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| IQ Hedge Event-Driven Beta TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Greg Barrato | 5.45 yrs |
| James Harrison | 2.34 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (9-18-20) | 1.98% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 28.12 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
| Bond | |
| Current Yield | 3.16% |
| Yield to Maturity | -- |
| Effective Duration | Upgrade |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of September 18, 2020
Risk Info
Fund Details
| Key Dates | |
| Inception Date | 3/23/2015 |
| Last Annual Report Date | 4/30/2020 |
| Last Prospectus Date | 8/28/2020 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund |
|
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds |
|
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Business Wire
10/03 12:31
PR Newswire
04/30 10:06
PR Newswire
01/08 13:00
PR Newswire
07/12 09:00
PR Newswire
03/13 10:53