Iq Candriam Esg Etf Profile
| IQSI Etf | USD 29.22 0.15 0.52% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IQ Candriam is trading at 29.22 as of the 28th of November 2024. This is a 0.52 percent increase since the beginning of the trading day. The etf's open price was 29.07. IQ Candriam 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 IQ Candriam ESG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
investment approach designed to track the performance of the underlying index. IQ Candriam is traded on NYSEARCA Exchange in the United States. More on IQ Candriam ESG
Moving together with IQSI Etf
| 0.98 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.99 | IEFA | iShares Core MSCI | PairCorr |
| 0.82 | VEU | Vanguard FTSE All | PairCorr |
| 0.99 | EFA | iShares MSCI EAFE | PairCorr |
| 0.82 | IXUS | iShares Core MSCI | PairCorr |
| 0.97 | SPDW | SPDR SP World | PairCorr |
Moving against IQSI Etf
IQSI Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Foreign Large Blend, IndexIQ (View all Sectors) |
| Issuer | New York Life Investments |
| Inception Date | 2019-09-30 |
| Benchmark | NYLI Candriam ESG International Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 198.2 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| 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 | 626 |
| Market Maker | Jane Street |
| Total Expense | 0.16 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 6.38 |
| Name | IQ Candriam ESG International Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00R3NS9C3 |
| In Threey Volatility | 17.24 |
| 1y Volatility | 13.53 |
| 200 Day M A | 29.8655 |
| 50 Day M A | 30.1759 |
| Code | IQSI |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.01) |
IQ Candriam ESG [IQSI] is traded in USA and was established 2019-12-17. The fund is listed under Foreign Large Blend category and is part of IndexIQ family. The entity is thematically classified as Strategy ETFs. IQ Candriam ESG currently have 181.19 M in assets under management (AUM). , while the total return for the last 3 years was 3.2%.
Check IQ Candriam 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 IQSI Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IQSI 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 Candriam ESG 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 Candriam ESG Currency Exposure
IQ Candriam ESG 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 Candriam 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 Candriam ESG.
Top IQ Candriam ESG Etf Constituents
| KBC | KBC Groep NV | Stock | Financials | |
| VOE | Voestalpine AG | Stock | Steel Production And Products | |
| IAG | Insurance Australia Group | Stock | Financials | |
| NICE | Nice | Stock | Information Technology | |
| ELISA | Elisa Oyj | Stock | Communication Services | |
| FRE | Fresenius SE Co | Stock | Medical Care Facilities | |
| VOD | Vodafone Group PLC | Stock | Communication Services | |
| MBK | mBank SA | Stock | Banks-Regional |
IQ Candriam 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 Candriam. 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 | (0.16) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.23) |
IQ Candriam Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQ Candriam 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 state. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of IQ Candriam ESG is measured differently than its book value, which is the value of IQSI that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Candriam's value that differs from its market value or its book value, called intrinsic value, which is IQ Candriam'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 Candriam's market value can be influenced by many factors that don't directly affect IQ Candriam'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 Candriam's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Candriam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Candriam'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.