CUT vs. QAI ETF Comparison
Comparison of Invesco MSCI Global Timber ETF (CUT) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
CUT
Invesco MSCI Global Timber ETF
CUT Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$32.65
Average Daily Volume
1,646
19
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
$31.23
Average Daily Volume
60,776
43
Performance
Period | CUT | QAI |
---|---|---|
30 Days | -4.40% | 0.94% |
60 Days | -1.59% | 1.66% |
90 Days | -2.91% | 1.43% |
12 Months | 12.67% | 8.89% |
1 Overlapping Holdings
Symbol | Grade | Weight in CUT | Weight in QAI | Overlap | |
---|---|---|---|---|---|
PIN | A | 1.08% | -0.01% | -0.01% |
CUT Underweight 42 Positions Relative to QAI
Symbol | Grade | Weight | |
---|---|---|---|
FLOT | A | -15.62% | |
MUB | A | -3.56% | |
SIVR | B | -0.0% | |
GLDM | C | --0.01% | |
SPHQ | A | --0.01% | |
FLJP | C | --0.01% | |
VGLT | B | --0.02% | |
CTA | C | --0.03% | |
COMT | B | --0.04% | |
BBJP | C | --0.04% | |
SCHG | A | --0.04% | |
KMLM | F | --0.05% | |
PFFD | A | --0.07% | |
VMBS | B | --0.07% | |
MBB | B | --0.12% | |
ARB | A | --0.17% | |
DBMF | A | --0.18% | |
SOXX | B | --0.21% | |
HYLB | A | --0.23% | |
MTUM | A | --0.3% | |
PDBC | B | --0.33% | |
DBA | D | --0.37% | |
SRLN | B | --0.41% | |
SCHR | B | --0.41% | |
JEPI | D | --0.45% | |
PFF | A | --0.46% | |
BKLN | A | --0.49% | |
VTEB | A | --0.51% | |
ICVT | A | --0.52% | |
STIP | B | --0.53% | |
JEPQ | A | --0.54% | |
FXB | A | --0.54% | |
MNA | B | --0.66% | |
FLRN | A | --0.84% | |
UUP | B | --0.95% | |
CWB | A | --1.1% | |
IGOV | C | --1.18% | |
VGIT | A | --1.24% | |
SGOV | C | --1.24% | |
BWX | F | --2.02% | |
BIL | B | --2.06% | |
BTAL | C | --3.45% |
CUT: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords