Iq Hedge Multi Strategy Etf Profile
| QAI Etf | USD 32.57 0.05 0.15% |
Performance17 of 100
| Odds Of DistressLess than 9
|
IQ Hedge is trading at 32.57 as of the 30th of November 2024. This is a 0.15 percent decrease since the beginning of the trading day. The etf's open price was 32.62. IQ Hedge has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for IQ Hedge Multi Strategy 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.
The fund is a fund of funds which means it invests, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. More on IQ Hedge Multi Strategy
Moving together with QAI Etf
QAI Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Global Macro ETFs, Absolute Returns ETFs, Multistrategy, IndexIQ (View all Sectors) |
| Issuer | New York Life Investments |
| Inception Date | 2009-03-24 |
| Benchmark | NYLI Hedge Multi-Strategy Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 38,449.1 |
| Asset Type | Multi Asset |
| Category | Absolute Returns |
| Focus | Global Macro |
| 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 | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 251 |
| Market Maker | Virtu Financial |
| Total Expense | 1.0 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 8.37 |
| Name | IQ Hedge Multi-Strategy Tracker ETF |
| Currency Code | USD |
| Open Figi | BBG000HFDKL5 |
| In Threey Volatility | 6.56 |
| 1y Volatility | 3.71 |
| 200 Day M A | 31.2412 |
| 50 Day M A | 32.1538 |
| Code | QAI |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.29) |
IQ Hedge Multi Strategy [QAI] is traded in USA and was established 2009-03-25. The fund is classified under Multistrategy category within IndexIQ family. The entity is thematically classified as Global Macro ETFs. IQ Hedge Multi at this time have 635.2 M in assets. , while the total return for the last 3 years was 3.1%.
Check IQ Hedge Probability Of Bankruptcy
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 QAI Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding QAI 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 Hedge Multi Strategy 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 Hedge Multi Strategy Etf Constituents
| DBEF | Xtrackers MSCI EAFE | Etf | Foreign Large Blend | |
| JNK | SPDR Bloomberg High | Etf | High Yield Bond | |
| SPSB | SPDR Barclays Short | Etf | Short-Term Bond | |
| VUG | Vanguard Growth Index | Etf | Large Growth | |
| GBIL | Goldman Sachs Access | Etf | Ultrashort Bond | |
| BKLN | Invesco Senior Loan | Etf | Bank Loan | |
| IEMG | iShares Core MSCI | Etf | Diversified Emerging Mkts | |
| VSS | Vanguard FTSE All World | Etf | Foreign Small/Mid Blend |
IQ Hedge Top Holders
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
IQ Hedge Multi 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 Hedge. 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 | 0.106 | |||
| Jensen Alpha | 0.0397 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.28) |
IQ Hedge Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in IQ Hedge Multi Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of IQ Hedge Multi is measured differently than its book value, which is the value of QAI that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Hedge's value that differs from its market value or its book value, called intrinsic value, which is IQ Hedge'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 Hedge's market value can be influenced by many factors that don't directly affect IQ Hedge'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 Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Hedge'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.