Iq Healthy Hearts Etf Profile
| HART Etf | USD 31.87 0.12 0.38% |
Performance0 of 100
| Odds Of DistressOver 64
|
IQ Healthy is selling for under 31.87 as of the 28th of November 2024; that is 0.38 percent increase since the beginning of the trading day. The etf's last reported lowest price was 31.87. IQ Healthy has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for IQ Healthy Hearts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund employs a passive management - or indexing - investment approach designed to track the performance of the index, which was developed by IndexIQ LLC with Candriam acting as index consultant to IndexIQ. IQ Healthy is traded on NYSEARCA Exchange in the United States. The company has 14.1 M outstanding shares of which 1.25 M shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. More on IQ Healthy Hearts
Moving together with HART Etf
| 0.98 | XLV | Health Care Select | PairCorr |
| 0.98 | VHT | Vanguard Health Care | PairCorr |
| 0.81 | IBB | iShares Biotechnology ETF | PairCorr |
| 0.97 | IXJ | iShares Global Healthcare | PairCorr |
Moving against HART Etf
HART Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Brødrene Hartmann A/S |
| Business Concentration | Strategy ETFs, Theme ETFs, Health, IndexIQ (View all Sectors) |
| Issuer | New York Life Investments |
| Inception Date | 2021-01-14 |
| Benchmark | NYLI Candriam Healthy Hearts Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 9.52 Million |
| Asset Type | Equity |
| 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 | Greg Barrato, Francis Ok |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 88.0 |
| Market Maker | Citadel |
| Total Expense | 0.46 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 10.96 |
| Name | IQ Healthy Hearts ETF |
| Currency Code | USD |
| Open Figi | BBG00YVHR012 |
| In Threey Volatility | 14.14 |
| 1y Volatility | 11.01 |
| 200 Day M A | 31.1552 |
| 50 Day M A | 32.2832 |
| Code | HART |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.12 |
IQ Healthy Hearts [HART] is traded in USA and was established 2021-01-14. The fund is listed under Health category and is part of IndexIQ family. The entity is thematically classified as Strategy ETFs. IQ Healthy Hearts currently have 7.19 M in assets under management (AUM). , while the total return for the last 3 years was 5.7%.
IQ Healthy Hearts currently holds about 8.2 M in cash with (7.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61.
Check IQ Healthy Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on HART Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding HART Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as IQ Healthy Hearts Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
IQ Healthy Hearts Currency Exposure
IQ Healthy Hearts 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 IQ Healthy 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 IQ Healthy Hearts.
Top IQ Healthy Hearts Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| ABT | Abbott Laboratories | Stock | Health Care | |
| BMY | Bristol Myers Squibb | Stock | Health Care | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| LLY | Eli Lilly and | Stock | Health Care | |
| MDT | Medtronic PLC | Stock | Health Care | |
| MRK | Merck Company | Stock | Health Care |
IQ Healthy Top Holders
| VGPMX | Vanguard Global Capital | Mutual Fund | World Large-Stock Value | |
| CHD | Church Dwight | Stock | Consumer Staples | |
| HLF | Herbalife Nutrition | Stock | Consumer Staples | |
| ITMC | Itoco Inc | Pink Sheet | Biotechnology |
IQ Healthy Hearts 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 IQ Healthy. 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 | (0.09) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.16) |
IQ Healthy Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQ Healthy Hearts. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of IQ Healthy Hearts is measured differently than its book value, which is the value of HART that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Healthy's value that differs from its market value or its book value, called intrinsic value, which is IQ Healthy'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 IQ Healthy's market value can be influenced by many factors that don't directly affect IQ Healthy'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 IQ Healthy's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Healthy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Healthy'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.