FDCE vs. QAI ETF Comparison
Comparison of Foundations Dynamic Core ETF (FDCE) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
FDCE
Foundations Dynamic Core ETF
FDCE Description
The fund is an actively managed exchanged traded fund ("ETF") that, under normal market conditions, primarily invests, directly or indirectly, in equity securities and other instruments with exposure to the U.S. equity market, including derivatives.
Grade (RS Rating)
Last Trade
$12.35
Average Daily Volume
59,092
Number of Holdings
*
5
* may have additional holdings in another (foreign) market
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
$31.35
Average Daily Volume
76,502
Number of Holdings
*
35
* may have additional holdings in another (foreign) market
Performance
Period | FDCE | QAI |
---|---|---|
30 Days | 3.86% | 0.51% |
60 Days | 5.12% | 1.45% |
90 Days | 8.54% | 2.63% |
12 Months | 7.57% |
0 Overlapping Holdings
Symbol | Grade | Weight in FDCE | Weight in QAI | Overlap |
---|
FDCE Underweight 35 Positions Relative to QAI
Symbol | Grade | Weight | |
---|---|---|---|
FLOT | A | -15.98% | |
MUB | A | -3.05% | |
PIN | A | -0.0% | |
JEPQ | D | --0.01% | |
CTA | D | --0.02% | |
SPHQ | A | --0.02% | |
COMT | D | --0.03% | |
KMLM | C | --0.03% | |
PFFD | B | --0.04% | |
GLDM | A | --0.04% | |
FLJP | A | --0.05% | |
ARB | A | --0.1% | |
DBMF | D | --0.1% | |
JEPI | A | --0.14% | |
STIP | A | --0.18% | |
PDBC | F | --0.18% | |
SRLN | B | --0.19% | |
DBA | D | --0.24% | |
MTUM | D | --0.25% | |
VTEB | A | --0.25% | |
BBJP | C | --0.26% | |
BKLN | A | --0.26% | |
PFF | B | --0.27% | |
ICVT | A | --0.34% | |
SCHR | A | --0.37% | |
MNA | A | --0.38% | |
FLRN | A | --0.49% | |
CWB | A | --0.59% | |
IGOV | B | --0.59% | |
SGOV | B | --0.68% | |
UUP | D | --0.69% | |
BIL | B | --0.97% | |
BWX | B | --1.11% | |
VGIT | A | --1.3% | |
BTAL | C | --2.85% |
FDCE: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
Industries:
Keywords:
Exchange Traded Fund
ETF
Index Fund
Bond
Bond Market Indices
U.S. Treasury
Bond Market
Exchange Traded Funds
Invesco Powershares
Managed Futures Account
Commodity Markets
Stock Market Index
Swaps
Bloomberg Barclays Us Aggregate Bond Index
Arbitrage
Betashares
Commodity
Risk Arbitrage
Stock Fund
U.S. Government