APMU vs. QAI ETF Comparison
Comparison of Trust for Professional Managers ActivePassive Intermediate Municipal Bond ETF (APMU) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
APMU
Trust for Professional Managers ActivePassive Intermediate Municipal Bond ETF
APMU Description
The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the Bloomberg Municipal 1-10 Year Blend Index. Under normal market conditions, the fund will invest at least 80% of its net assets in U.S. municipal bond securities that are exempt from U.S. federal income tax and are rated investment grade or better.
Grade (RS Rating)
Last Trade
$24.90
Average Daily Volume
9,721
1
QAI
IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF
QAI Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund invests normally at least 80% of its net assets (excluding collateral held from securities lending), plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index.Grade (RS Rating)
Last Trade
$30.82
Average Daily Volume
76,429
35
Performance
| Period | APMU | QAI |
|---|---|---|
| 30 Days | 1.30% | 0.13% |
| 60 Days | 2.03% | 0.67% |
| 90 Days | 1.23% | 1.37% |
| 12 Months | 3.36% | 7.44% |
1 Overlapping Holdings
| Symbol | Grade | Weight in APMU | Weight in QAI | Overlap | |
|---|---|---|---|---|---|
| MUB | A | 23.25% | 3.05% | 3.05% |
APMU Overweight 0 Positions Relative to QAI
| Symbol | Grade | Weight |
|---|
APMU Underweight 34 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.98% | |
| PIN | A | -0.0% | |
| JEPQ | D | --0.01% | |
| CTA | D | --0.02% | |
| SPHQ | B | --0.02% | |
| COMT | F | --0.03% | |
| KMLM | C | --0.03% | |
| PFFD | A | --0.04% | |
| GLDM | A | --0.04% | |
| FLJP | C | --0.05% | |
| ARB | A | --0.1% | |
| DBMF | D | --0.1% | |
| JEPI | A | --0.14% | |
| STIP | A | --0.18% | |
| PDBC | F | --0.18% | |
| SRLN | C | --0.19% | |
| DBA | D | --0.24% | |
| MTUM | D | --0.25% | |
| VTEB | A | --0.25% | |
| BBJP | C | --0.26% | |
| BKLN | A | --0.26% | |
| PFF | A | --0.27% | |
| ICVT | B | --0.34% | |
| SCHR | A | --0.37% | |
| MNA | A | --0.38% | |
| FLRN | A | --0.49% | |
| CWB | B | --0.59% | |
| IGOV | B | --0.59% | |
| SGOV | A | --0.68% | |
| UUP | A | --0.69% | |
| BIL | A | --0.97% | |
| BWX | B | --1.11% | |
| VGIT | A | --1.3% | |
| BTAL | B | --2.85% |
APMU: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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