HYRM vs. QAI ETF Comparison
Comparison of Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
HYRM
Xtrackers Risk Managed USD High Yield Strategy ETF
HYRM Description
Xtrackers Risk Managed USD High Yield Strategy ETF is an exchange traded fund launched and managed by DBX Advisors LLC. It invests in fixed income markets of the United States. The fund invests directly and through other funds in US dollar-denominated high yield corporate bond that are rated BB+ or lower by S&P and Fitch and Ba1 or lower by Moody. It invests in fixed income securities with maturity between 1-15 years. It seeks to track the performance of the Adaptive Wealth Strategies Risk Managed High Yield Index, by using representative sampling technique. Xtrackers Risk Managed USD High Yield Strategy ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$23.80
Average Daily Volume
2,639
2
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
$32.39
Average Daily Volume
160,282
32
Performance
| Period | HYRM | QAI |
|---|---|---|
| 30 Days | 0.62% | 1.31% |
| 60 Days | 1.60% | 4.11% |
| 90 Days | 3.76% | 4.72% |
| 12 Months | 12.93% | 11.95% |
0 Overlapping Holdings
| Symbol | Grade | Weight in HYRM | Weight in QAI | Overlap |
|---|
HYRM Underweight 32 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -17.1% | |
| MUB | C | -2.7% | |
| SIVR | C | -0.03% | |
| PIN | D | -0.0% | |
| FLJP | D | -0.0% | |
| SPHQ | A | --0.02% | |
| BBJP | D | --0.02% | |
| CTA | C | --0.02% | |
| COMT | B | --0.03% | |
| KMLM | F | --0.03% | |
| PFFD | D | --0.04% | |
| JEPI | A | --0.05% | |
| DBMF | F | --0.07% | |
| ARB | A | --0.1% | |
| PDBC | B | --0.14% | |
| SRLN | A | --0.19% | |
| BKLN | A | --0.21% | |
| VTEB | C | --0.22% | |
| MTUM | A | --0.23% | |
| DBA | C | --0.24% | |
| PFF | B | --0.25% | |
| STIP | B | --0.33% | |
| MNA | B | --0.35% | |
| ICVT | A | --0.35% | |
| FLRN | A | --0.5% | |
| CWB | A | --0.61% | |
| UUP | A | --0.62% | |
| SGOV | B | --0.73% | |
| BIL | A | --0.96% | |
| IGOV | D | --1.03% | |
| BWX | D | --2.19% | |
| BTAL | D | --2.76% |
HYRM: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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