IndexIQ Active is trading at 27.81 as of the 30th of November 2024, a 0.80 percent up since the beginning of the trading day. The etf's open price was 27.59. IndexIQ Active has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during 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 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
IndexIQ Active is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on IndexIQ Active ETF
Joseph Smith, Jeremy Anagnos, Jonathan Miniman, Daniel Foley
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
30-Apr
Exchange
NYSE Arca, Inc.
Number of Constituents
123
Market Maker
Citadel
Total Expense
0.92
Management Fee
0.65
200 Day M A
25.9777
Country Name
USA
50 Day M A
27.3963
Code
IQRA
Updated At
29th of November 2024
Returns Y T D
9.97
Name
IndexIQ Active ETF Trust
Currency Name
US Dollar
Currency Code
USD
Open Figi
BBG01GKC1583
Type
ETF
1y Volatility
15.99
IndexIQ Active ETF [IQRA] is traded in USA and was established null. The fund is listed under Global Real Estate. The entity is thematically classified as Sector ETFs. IndexIQ Active ETF currently have in assets under management (AUM). , while the total return for the last year was 18.6%.
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.
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.
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 Risk vs Return Analysis 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 metropolitan statistical area.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.