Iq Candriam Esg Etf Profile

IQSU Etf  USD 49.97  0.21  0.42%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
IQ Candriam is selling for under 49.97 as of the 28th of November 2024; that is 0.42 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 49.94. IQ Candriam has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during 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 30th of August 2024 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 IQSU Etf

  0.98VTI Vanguard Total StockPairCorr
  0.98SPY SPDR SP 500 Aggressive PushPairCorr
  0.98IVV iShares Core SPPairCorr
  0.94VIG Vanguard DividendPairCorr
  0.98VV Vanguard Large CapPairCorr
  0.97RSP Invesco SP 500 Sell-off TrendPairCorr

Moving against IQSU Etf

  0.82ULE ProShares Ultra EuroPairCorr
  0.8VIIX VIIXPairCorr
  0.78YCL ProShares Ultra YenPairCorr
  0.77FXY Invesco CurrencySharesPairCorr

IQSU Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Large Blend, IndexIQ (View all Sectors)
IssuerNew York Life Investments
Inception Date2019-12-17
BenchmarkNYLI Candriam ESG US Equity Index
Entity TypeRegulated Investment Company
Asset Under Management400.27 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorNew York Life Investment Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerGreg Barrato, Francis Ok
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents288
Market MakerOld Mission
Total Expense0.1
Management Fee0.09
Country NameUSA
Returns Y T D20.52
NameIQ Candriam ESG US Equity ETF
Currency CodeUSD
Open FigiBBG00R3NSC45
In Threey Volatility17.8
1y Volatility11.81
200 Day M A45.5259
50 Day M A48.0034
CodeIQSU
Updated At27th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.24
IQ Candriam ESG [IQSU] is traded in USA and was established 2019-12-17. The fund is listed under Large Blend category and is part of IndexIQ family. The entity is thematically classified as Strategy ETFs. IQ Candriam ESG currently have 349.57 M in assets under management (AUM). , while the total return for the last 3 years was 9.2%.
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 IQSU Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IQSU 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.

Top IQ Candriam ESG Etf Constituents

MAMastercardStockFinancials
VZVerizon CommunicationsStockCommunication Services
VVisa Class AStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
TSLATesla IncStockConsumer Discretionary
PGProcter GambleStockConsumer Staples
NVDANVIDIAStockInformation Technology
MSFTMicrosoftStockInformation Technology
More Details

IQ Candriam Top Holders

MMRBXMainstay Moderate AllocationMutual FundAllocation--50% to 70% Equity
MGDBXMainstay Moderate GrowthMutual FundAllocation--70% to 85% Equity
MCKCXMainstay Servative AllocationMutual FundAllocation--30% to 50% Equity
MGXRXMainstay Growth AllocationMutual FundAllocation--85%+ Equity
MGDAXMainstay Moderate GrowthMutual FundAllocation--70% to 85% Equity
MGXCXMainstay Growth AllocationMutual FundAllocation--85%+ Equity
MMRCXMainstay Moderate AllocationMutual FundAllocation--50% to 70% Equity
MCKNXMainstay Servative AllocationMutual FundAllocation--30% to 50% Equity
More Details

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.

IQ Candriam Against Markets

When determining whether IQ Candriam ESG is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IQSU Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Iq Candriam Esg Etf. Highlighted below are key reports to facilitate an investment decision about Iq Candriam Esg Etf:
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of IQ Candriam ESG is measured differently than its book value, which is the value of IQSU 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.