Indexiq Active Etf Profile
ESGB Etf | USD 21.28 0.02 0.09% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IndexIQ Active is trading at 21.28 as of the 30th of November 2024, a 0.09 percent increase since the beginning of the trading day. The etf's open price was 21.26. IndexIQ Active has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for IndexIQ Active ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its assets in bonds, which include all types of debt securities. IQ Mackay is traded on NYSEARCA Exchange in the United States. More on IndexIQ Active ETF
Moving together with IndexIQ Etf
0.99 | IUSB | iShares Core Total | PairCorr |
0.97 | FIXD | First Trust TCW | PairCorr |
0.99 | FBND | Fidelity Total Bond | PairCorr |
0.99 | TOTL | SPDR DoubleLine Total | PairCorr |
0.99 | HTRB | Hartford Total Return | PairCorr |
0.99 | GTO | Invesco Total Return | PairCorr |
Moving against IndexIQ Etf
IndexIQ Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Theme ETFs, Intermediate Core-Plus Bond, IndexIQ (View all Sectors) |
Issuer | New York Life Investments |
Inception Date | 2021-06-29 |
Entity Type | Regulated Investment Company |
Asset Type | Fixed Income |
Category | Strategy |
Focus | Theme |
Market Concentration | Blended Development |
Region | Global |
Administrator | The Bank of New York Mellon Corporation |
Advisor | New York Life Investment Management LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Joseph Cantwell, Stephen Cianci, Neil Moriarty |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Apr |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 466 |
Market Maker | Citadel |
Total Expense | 0.5 |
Management Fee | 0.39 |
Country Name | USA |
Returns Y T D | 5.47 |
Name | IndexIQ Active ETF Trust - IQ MacKay ESG Core Plus Bond ETF |
Currency Code | USD |
Open Figi | BBG011KPTNT5 |
In Threey Volatility | 8.29 |
1y Volatility | 6.63 |
200 Day M A | 21.0592 |
50 Day M A | 21.3054 |
Code | ESGB |
Updated At | 30th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | (0.61) |
Type | ETF |
IndexIQ Active ETF [ESGB] is traded in USA and was established 2021-06-29. The fund is listed under Intermediate Core-Plus Bond category and is part of IndexIQ family. The entity is thematically classified as Strategy ETFs. IndexIQ Active ETF currently have 178.93 M in assets under management (AUM). , while the total return for the last 3 years was -1.1%.
Check IndexIQ Active Probability Of Bankruptcy
Geographic Allocation (%)
IndexIQ Active ETF Currency Exposure
IndexIQ Active ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IndexIQ Active will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in IndexIQ Active ETF.
IndexIQ Active ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IndexIQ Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | 0.2083 |
IndexIQ Active Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in IndexIQ Active ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of IndexIQ Active ETF is measured differently than its book value, which is the value of IndexIQ that is recorded on the company's balance sheet. Investors also form their own opinion of IndexIQ Active's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IndexIQ Active's market value can be influenced by many factors that don't directly affect IndexIQ Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IndexIQ Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.