Indexiq Active Etf Profile

ESGB Etf  USD 21.28  0.02  0.09%   

Performance

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Odds Of Distress

Less than 9

 
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Low
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

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IndexIQ Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Intermediate Core-Plus Bond, IndexIQ (View all Sectors)
IssuerNew York Life Investments
Inception Date2021-06-29
Entity TypeRegulated Investment Company
Asset TypeFixed Income
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorNew York Life Investment Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerJoseph Cantwell, Stephen Cianci, Neil Moriarty
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents466
Market MakerCitadel
Total Expense0.5
Management Fee0.39
Country NameUSA
Returns Y T D5.47
NameIndexIQ Active ETF Trust - IQ MacKay ESG Core Plus Bond ETF
Currency CodeUSD
Open FigiBBG011KPTNT5
In Threey Volatility8.29
1y Volatility6.63
200 Day M A21.0592
50 Day M A21.3054
CodeESGB
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.61)
TypeETF
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.

IndexIQ Active Against Markets

When determining whether IndexIQ Active ETF is a strong investment it is important to analyze IndexIQ Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IndexIQ Active's future performance. For an informed investment choice regarding IndexIQ Etf, refer to the following important reports:
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.