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Key Stats

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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

One Page Report

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
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

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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As of September 18, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2013
2014
2015
2016
2017
2018
2019
YTD
--
--
--
2.33%
8.47%
-2.26%
13.01%
4.92%
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
1.62%
2.47%
0.74%
-1.58%
2.17%
2.54%
-2.27%
7.79%
0.60%
5.20%
-8.44%
17.42%
-17.55%
5.53%
2.85%
-6.90%
26.16%
12.06%
-1.50%
-10.84%
13.51%
-4.98%
-17.02%
-0.29%
-32.41%
--
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--
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As of September 18, 2020.

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

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 Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds Yes
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of September 18, 2020.
Type % Net % Long % Short
Cash 2.08% Upgrade Upgrade
Stock 8.70% Upgrade Upgrade
Bond 70.84% Upgrade Upgrade
Convertible 15.22% Upgrade Upgrade
Preferred 2.32% Upgrade Upgrade
Other 0.85% Upgrade Upgrade

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%

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

One Page Report

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

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 Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds Yes
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No