QAI:ARCA-IQ Hedge MultiIQ Hedge Multi-Strategy Tracker

ETF | Multialternative | NYSE Arca

Last Closing

USD 29.47

Change

0.00 (0.00)%

Market Cap

USD 1.16B

Volume

0.22M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

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.

Inception Date: 25/03/2009

Primary Benchmark: IQ Hedge Multi-Strategy TR USD

Primary Index: Morningstar Mod Tgt Risk TR USD

Gross Expense Ratio: 0.76%

Management Expense Ratio: 0.54 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-01-20 )

Largest Industry Peers for Multialternative

Symbol Name Mer Price(Change) Market Cap
HDG ProShares Hedge Replication ET.. 0.95 %

+0.11 (+0.22%)

USD 0.03B
DIVY Reality Shares DIVS ETF 0.85 %

+0.25 (+0.94%)

USD 0.01B
LALT Invesco Multi-Strategy Alterna.. 0.88 %

-0.04 (-0.20%)

USD 6.53M

ETFs Containing QAI

QVOY 4.97 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Multialternative) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.04% 40% F 21% F
Dividend Return N/A N/A N/A N/A F
Total Return 2.04% 40% F 21% F
Trailing 12 Months  
Capital Gain -4.87% 60% D- 63% D
Dividend Return 1.77% 75% C 33% F
Total Return -3.10% 60% D- 58% F
Trailing 5 Years  
Capital Gain 1.41% 67% D+ 51% F
Dividend Return 3.72% 67% D+ 12% F
Total Return 5.13% 67% D+ 35% F
Average Annual (5 Year Horizon)  
Capital Gain 0.73% 60% D- 48% F
Dividend Return 1.19% 60% D- 30% F
Total Return 0.46% 60% D- 11% F
Risk Return Profile  
Volatility (Standard Deviation) 3.08% 80% B- 94% A
Risk Adjusted Return 38.54% 60% D- 49% F
Market Capitalization 1.16B 100% F 60% D-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike