Iq Mackay Esg Etf Profile

IQHI Etf  USD 26.91  0.09  0.34%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
IQ MacKay is trading at 26.91 as of the 30th of November 2024. This is a 0.34 percent increase since the beginning of the trading day. The etf's open price was 26.82. IQ MacKay has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for IQ MacKay ESG 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.
IQ MacKay is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on IQ MacKay ESG

Moving together with IQHI Etf

  0.92HYG iShares iBoxx HighPairCorr
  0.92USHY iShares Broad USDPairCorr
  0.91JNK SPDR Bloomberg HighPairCorr
  0.91SHYG iShares 0 5PairCorr
  0.96HYLB Xtrackers USD HighPairCorr
  0.95SJNK SPDR Bloomberg ShortPairCorr

Moving against IQHI Etf

  0.75FNGD MicroSectors FANG IndexPairCorr
  0.52HUM Humana Inc Fiscal Year End 23rd of January 2025 PairCorr

IQHI Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Debt ETFs, High Yield ETFs, High Yield Bond (View all Sectors)
IssuerNew York Life Investments
Inception Date2022-10-25
Entity TypeRegulated Investment Company
Asset TypeFixed Income
CategoryBroad Debt
FocusHigh Yield
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 ManagerEric Gold, Matt Jacob
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents334
Market MakerVirtu Financial
Total Expense0.81
Management Fee0.4
200 Day M A26.4615
Country NameUSA
50 Day M A26.8142
CodeIQHI
Updated At30th of November 2024
Returns Y T D7.74
NameIQ MacKay ESG High Income ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01B5GGB83
TypeETF
1y Volatility5.72
IQ MacKay ESG [IQHI] is traded in USA and was established null. The fund is listed under High Yield Bond. The entity is thematically classified as Broad Debt ETFs. IQ MacKay ESG currently have in assets under management (AUM). , while the total return for the last year was 11.7%.
Check IQ MacKay Probability Of Bankruptcy

Geographic Allocation (%)

IQ MacKay ESG 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 MacKay. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

IQ MacKay Against Markets

When determining whether IQ MacKay ESG offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IQ MacKay's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iq Mackay Esg Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Iq Mackay Esg Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQ MacKay ESG. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of IQ MacKay ESG is measured differently than its book value, which is the value of IQHI that is recorded on the company's balance sheet. Investors also form their own opinion of IQ MacKay's value that differs from its market value or its book value, called intrinsic value, which is IQ MacKay'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 MacKay's market value can be influenced by many factors that don't directly affect IQ MacKay'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 MacKay's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ MacKay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ MacKay'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.