QGTA:ARCA-IQ Leaders GTAA Tracker

ETF | World Allocation | NYSE Arca

Last Closing

USD 23.6919

Change

0.00 (0.00)%

Market Cap

USD 0.03B

Volume

0.01M

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 Leaders GTAA 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 seeks to track the performance of the 10 leading global allocation mutual funds based on fund performance and fund asset size, re-set annually in accordance with IndexIQ's rules-based methodology ("Selected Global Allocation Funds").

Inception Date: 29/09/2015

Primary Benchmark: IQ Leaders GTAA TR USD

Primary Index: Morningstar Mod Tgt Risk TR USD

Gross Expense Ratio: 0.46%

Management Expense Ratio: 0.37 %

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: 2019-03-24 )

Largest Industry Peers for World Allocation

Symbol Name Mer Price(Change) Market Cap
RAAX VanEck Inflation Allocation ET.. 0.55 %

+0.34 (+1.28%)

USD 0.08B
GYLD Arrow Dow Jones Global Yield E.. 0.75 %

+0.03 (+0.26%)

USD 0.02B

ETFs Containing QGTA

N/A

Market Performance

  Market Performance vs. Industry/Classification (World Allocation) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.93% 43% F 43% F
Dividend Return N/A N/A N/A N/A F
Total Return 7.93% 43% F 40% F
Trailing 12 Months  
Capital Gain -1.30% 91% A- 48% F
Dividend Return 2.25% 27% F 38% F
Total Return 0.95% 55% F 45% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain 4.01% 100% F 64% D
Dividend Return 5.43% 55% F 53% F
Total Return 1.42% 18% F 29% F
Risk Return Profile  
Volatility (Standard Deviation) 6.62% 91% A- 81% B-
Risk Adjusted Return 82.05% 100% F 78% C+
Market Capitalization 0.03B 43% F 18% F

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.