Indexiq Etf Profile
Equity ratings for IndexIQ are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
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RefreshIndexIQ Etf Highlights
Old Name | IQ Hedge Long/Short Tracker ETF |
Business Concentration | Long-Short Equity, IndexIQ (View all Sectors) |
Nav Price | 23.56 |
Two Hundred Day Average | 24.73 |
Ytd | -15.83% |
Average Daily Volume In Three Month | 5.59k |
Fifty Two Week Low | 22.09 |
As Of Date | 25th of October 2022 |
Average Daily Volume Last 10 Day | 11.11k |
Fifty Two Week High | 28.05 |
One Month | 3.04% |
Fifty Day Average | 23.48 |
Three Month | -4.43% |
Beta In Three Year | 0.61 |
IndexIQ [QLS] is traded in USA and was established 2015-03-24. The fund is classified under Long-Short Equity category within IndexIQ family. IndexIQ at this time have 17.9 M in assets. , while the total return for the last 3 years was 3.05%.
Check IndexIQ Probability Of Bankruptcy
Top IndexIQ Etf Constituents
IWF | iShares Russell 1000 | Etf | Large Growth | |
SCZ | iShares MSCI EAFE | Etf | Foreign Small/Mid Blend | |
MTUM | iShares MSCI USA | Etf | Large Growth | |
BKLN | Invesco Senior Loan | Etf | Bank Loan | |
XLV | Health Care Select | Etf | Health | |
XLK | Technology Select Sector | Etf | Technology | |
XLF | Financial Select Sector | Etf | Financial | |
VUG | Vanguard Growth Index | Etf | Large Growth |
IndexIQ Against Markets
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IndexIQ Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IndexIQ etf to make a market-neutral strategy. Peer analysis of IndexIQ could also be used in its relative valuation, which is a method of valuing IndexIQ by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of IndexIQ 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's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ'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's market value can be influenced by many factors that don't directly affect IndexIQ'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ'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.