IQSM vs. BTAL ETF Comparison

Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$35.34

Average Daily Volume

13,738

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$18.64

Average Daily Volume

432,970

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	IQSM	BTAL
30 Days	8.43%	-5.43%
60 Days	7.75%	-4.90%
90 Days	10.31%	-6.61%
12 Months	31.16%	-8.61%

77 Overlapping Holdings

Symbol	Grade	Weight in IQSM	Weight in BTAL	Overlap
AA	A	0.39%	-0.56%	-0.56%
ADC	B	0.37%	0.45%	0.37%
AGNC	D	0.34%	-0.41%	-0.41%
AIZ	B	0.55%	0.48%	0.48%
ALB	C	0.62%	-0.52%	-0.52%
ALLY	C	0.46%	-0.37%	-0.37%
APG	B	0.35%	-0.44%	-0.44%
ARMK	A	0.46%	0.45%	0.45%
ARW	D	0.3%	0.37%	0.3%
AXS	A	0.32%	0.48%	0.32%
AXTA	A	0.41%	-0.49%	-0.49%
BLD	C	0.54%	-0.4%	-0.4%
CFLT	B	0.31%	0.56%	0.31%
CG	B	0.54%	-0.55%	-0.55%
CHE	D	0.39%	0.4%	0.39%
CHRW	C	0.61%	0.45%	0.45%
CHX	C	0.28%	-0.42%	-0.42%
COTY	F	0.12%	-0.33%	-0.33%
CRL	C	0.46%	-0.41%	-0.41%
DAR	C	0.32%	-0.45%	-0.45%
DAY	A	0.55%	-0.56%	-0.56%
DINO	F	0.32%	-0.39%	-0.39%
DKS	C	0.53%	-0.37%	-0.37%
DLB	B	0.23%	0.43%	0.23%
ELS	C	0.6%	0.43%	0.43%
FBIN	D	0.45%	-0.41%	-0.41%
FCN	D	0.33%	0.38%	0.33%
FFIV	A	0.68%	0.52%	0.52%
FND	C	0.52%	-0.4%	-0.4%
G	B	0.35%	0.49%	0.35%
GTLS	B	0.34%	-0.58%	-0.58%
HRB	D	0.38%	0.41%	0.38%
ITT	A	0.6%	-0.49%	-0.49%
JAZZ	B	0.35%	0.44%	0.35%
JLL	B	0.59%	-0.46%	-0.46%
JNPR	F	0.54%	0.39%	0.39%
KMX	B	0.58%	-0.4%	-0.4%
MKSI	C	0.32%	-0.4%	-0.4%
MOS	F	0.39%	0.38%	0.38%
MSA	C	0.31%	0.4%	0.31%
NVT	B	0.59%	-0.49%	-0.49%
OC	B	0.81%	-0.46%	-0.46%
OHI	D	0.47%	0.43%	0.43%
ORI	A	0.46%	0.46%	0.46%
PATH	C	0.27%	-0.43%	-0.43%
PAYC	A	0.55%	0.59%	0.55%
PCTY	B	0.41%	0.53%	0.41%
PEN	C	0.42%	-0.52%	-0.52%
PKG	B	1.05%	0.49%	0.49%
REG	B	0.6%	0.45%	0.45%
RGA	A	0.72%	0.48%	0.48%
RGEN	D	0.35%	-0.37%	-0.37%
RIVN	D	0.34%	-0.3%	-0.3%
RNR	C	0.66%	0.46%	0.46%
ROKU	D	0.41%	-0.47%	-0.47%
RYAN	A	0.33%	0.47%	0.33%
SAIA	C	0.68%	-0.59%	-0.59%
SFM	B	0.69%	0.6%	0.6%
SIGI	B	0.28%	0.48%	0.28%
SNX	C	0.42%	0.41%	0.41%
SRPT	F	0.47%	0.32%	0.32%
ST	F	0.22%	0.36%	0.22%
TFX	F	0.42%	-0.36%	-0.36%
TOL	A	0.76%	-0.47%	-0.47%
TREX	C	0.36%	-0.45%	-0.45%
UNM	A	0.66%	0.57%	0.57%
USFD	A	0.73%	-0.49%	-0.49%
UTHR	C	0.71%	0.45%	0.45%
WAL	B	0.46%	-0.49%	-0.49%
WBA	D	0.28%	-0.4%	-0.4%
WCC	B	0.45%	-0.55%	-0.55%
WH	A	0.36%	0.53%	0.36%
WMS	F	0.41%	-0.37%	-0.37%
WPC	D	0.59%	0.41%	0.41%
X	C	0.41%	0.43%	0.41%
XPO	B	0.81%	-0.54%	-0.54%
Z	B	0.58%	-0.56%	-0.56%

IQSM Overweight 137 Positions Relative to BTAL

Symbol	Grade	Weight
EME	B	1.17%
YUMC	B	0.87%
KEY	A	0.86%
BURL	B	0.84%
PNR	B	0.83%
RPM	A	0.82%
MAS	C	0.81%
FIX	A	0.81%
NTNX	B	0.81%
MANH	C	0.8%
KIM	A	0.79%
TWLO	B	0.78%
GEN	A	0.78%
FLEX	B	0.77%
DOCU	A	0.76%
EQH	B	0.74%
GWRE	B	0.73%
ACM	A	0.72%
EWBC	B	0.71%
GGG	B	0.71%
POOL	C	0.67%
DT	C	0.65%
UDR	B	0.65%
EPAM	C	0.63%
TPR	A	0.61%
CPT	B	0.61%
JKHY	D	0.6%
FTI	A	0.6%
AMH	C	0.6%
HST	C	0.59%
NBIX	C	0.59%
INSM	C	0.56%
SJM	D	0.56%
RRX	A	0.55%
BJ	B	0.55%
SF	B	0.54%
LW	C	0.53%
ATR	B	0.53%
NCLH	B	0.53%
NWSA	B	0.53%
TTEK	F	0.52%
TECH	C	0.52%
CUBE	D	0.52%
IPG	C	0.52%
CTLT	B	0.51%
WTRG	B	0.51%
PRI	A	0.5%
MKTX	D	0.48%
DTM	B	0.48%
LAD	B	0.48%
EXAS	F	0.47%
BRBR	B	0.47%
AYI	B	0.47%
GL	C	0.47%
EHC	B	0.47%
LKQ	D	0.46%
QGEN	D	0.46%
INGR	B	0.45%
GLOB	B	0.44%
REXR	F	0.44%
BRX	A	0.43%
MTZ	B	0.43%
EXEL	A	0.43%
PCVX	D	0.43%
DCI	A	0.43%
AOS	D	0.42%
GPK	C	0.42%
RVMD	B	0.42%
DVA	B	0.42%
KNX	B	0.42%
HSIC	B	0.41%
TTC	D	0.41%
PLNT	B	0.41%
FRT	A	0.4%
ITCI	C	0.4%
VOYA	B	0.39%
RL	B	0.39%
FN	D	0.39%
ONTO	F	0.38%
NYT	C	0.38%
HAS	D	0.38%
MEDP	F	0.37%
ESTC	C	0.36%
RHI	C	0.36%
KEX	B	0.36%
MHK	D	0.35%
OLED	F	0.35%
ALV	C	0.34%
WEX	F	0.34%
HLNE	A	0.33%
GXO	B	0.33%
BEN	C	0.33%
BPOP	B	0.33%
GNTX	C	0.33%
CMC	B	0.33%
AZEK	B	0.33%
FR	C	0.33%
LSCC	D	0.33%
FAF	B	0.32%
ANF	C	0.32%
CGNX	C	0.32%
H	A	0.32%
NOV	C	0.31%
LSTR	B	0.31%
MTN	C	0.31%
STAG	D	0.31%
ESI	B	0.3%
PARA	C	0.3%
ALTR	B	0.28%
HALO	F	0.28%
AGCO	D	0.28%
SUM	B	0.28%
LFUS	D	0.28%
WFRD	F	0.28%
CROX	F	0.28%
STWD	C	0.28%
BPMC	C	0.28%
ETSY	D	0.28%
WTS	B	0.27%
VKTX	F	0.26%
PVH	C	0.26%
CRUS	F	0.26%
POST	B	0.26%
CLF	F	0.26%
AM	B	0.25%
LEA	F	0.25%
IBP	C	0.24%
TKR	D	0.23%
FIVE	D	0.22%
AN	B	0.21%
GAP	C	0.2%
ACHC	F	0.17%
ZG	B	0.17%
CACC	D	0.13%
NWS	B	0.11%
LCID	F	0.08%
LEVI	F	0.07%

IQSM Underweight 315 Positions Relative to BTAL

Symbol	Grade	Weight
MSTR	C	-1.19%
BILL	A	-0.68%
IBKR	B	-0.62%
LPLA	B	-0.59%
HQY	B	-0.58%
ALSN	B	-0.56%
KMI	B	-0.56%
SNA	A	-0.55%
NWL	A	-0.54%
BKR	C	-0.53%
MKL	A	-0.53%
BWXT	B	-0.53%
TGNA	B	-0.53%
TRV	B	-0.52%
FTNT	C	-0.52%
TXRH	A	-0.51%
MSI	C	-0.51%
RLI	A	-0.51%
PCAR	B	-0.51%
MCK	C	-0.51%
THG	C	-0.51%
LNG	B	-0.51%
BMY	B	-0.51%
WELL	C	-0.5%
CHH	A	-0.5%
XEL	A	-0.5%
PNM	F	-0.5%
ORLY	B	-0.5%
T	A	-0.5%
CSCO	A	-0.49%
AEE	A	-0.49%
CINF	A	-0.49%
TMUS	A	-0.49%
GILD	B	-0.49%
ALL	B	-0.48%
VFC	C	-0.48%
FOXA	C	-0.48%
VTRS	B	-0.48%
LULU	C	-0.48%
TDY	B	-0.48%
BRO	B	-0.47%
SBRA	B	-0.47%
DBX	C	-0.47%
CHD	B	-0.47%
PAYX	B	-0.47%
GLW	B	-0.47%
CME	A	-0.47%
AON	A	-0.47%
HON	B	-0.47%
HEI	B	-0.47%
KR	A	-0.47%
CW	B	-0.47%
EDR	A	-0.46%
DRI	B	-0.46%
WEN	D	-0.46%
SLGN	A	-0.46%
LNT	A	-0.46%
CF	B	-0.46%
WEC	A	-0.46%
ADP	B	-0.46%
WRB	A	-0.45%
CB	D	-0.45%
CSX	B	-0.45%
CMG	B	-0.45%
AVB	B	-0.45%
PGR	A	-0.45%
WM	A	-0.45%
IBM	C	-0.45%
HIG	B	-0.45%
COR	C	-0.45%
DGX	B	-0.45%
WTW	B	-0.45%
HPQ	B	-0.45%
L	B	-0.45%
ROP	B	-0.45%
PNW	B	-0.45%
XOM	C	-0.44%
ACN	B	-0.44%
DECK	A	-0.44%
EQR	B	-0.44%
CMS	C	-0.44%
BWA	C	-0.44%
CDP	C	-0.44%
VZ	B	-0.44%
NEU	C	-0.44%
CBOE	B	-0.43%
DOX	D	-0.43%
VRSN	F	-0.43%
UNH	B	-0.43%
CLH	B	-0.43%
ZI	C	-0.43%
CTSH	B	-0.43%
YUM	B	-0.43%
MSFT	D	-0.43%
MUSA	B	-0.43%
DD	D	-0.43%
RTX	D	-0.43%
RSG	A	-0.43%
TJX	A	-0.43%
CCK	D	-0.43%
DUK	C	-0.43%
MSM	C	-0.43%
COLM	A	-0.43%
FLO	C	-0.42%
AVT	C	-0.42%
VICI	C	-0.42%
JNJ	D	-0.42%
MMC	A	-0.42%
CACI	D	-0.42%
CXT	B	-0.42%
ED	D	-0.42%
GLPI	B	-0.42%
MCD	D	-0.42%
EG	C	-0.42%
J	F	-0.41%
MKC	D	-0.41%
OLLI	C	-0.41%
GD	F	-0.41%
PAG	B	-0.41%
BG	F	-0.4%
SAIC	F	-0.4%
CI	D	-0.4%
NOC	D	-0.4%
TXT	D	-0.4%
ASGN	D	-0.39%
WTM	A	-0.39%
AMCR	D	-0.39%
O	D	-0.39%
FANG	F	-0.39%
KHC	D	-0.38%
CPB	D	-0.38%
ON	C	-0.38%
ACGL	D	-0.38%
GIS	D	-0.38%
ERIE	D	-0.38%
OXY	F	-0.38%
LMT	D	-0.38%
FMC	D	-0.37%
MAN	D	-0.37%
KBR	F	-0.37%
KO	D	-0.37%
GPC	D	-0.37%
TNET	D	-0.37%
PFE	D	-0.37%
DVN	F	-0.37%
AMGN	D	-0.37%
MUR	F	-0.37%
ABBV	D	-0.36%
MOH	F	-0.36%
AKAM	F	-0.36%
NEM	F	-0.35%
MTCH	F	-0.35%
FOXF	F	-0.35%
HUM	C	-0.34%
AZO	C	-0.33%
ELV	F	-0.33%
MDU	F	-0.32%
CNC	F	-0.32%
BMRN	F	-0.29%
AGL	F	-0.16%
SMCI	D	--0.18%
SEDG	F	--0.19%
RUN	F	--0.21%
MRNA	F	--0.22%
CNXC	F	--0.23%
ENPH	F	--0.23%
MPWR	F	--0.24%
CE	F	--0.24%
WOLF	F	--0.25%
TXG	F	--0.26%
NTLA	F	--0.27%
RKT	F	--0.29%
CELH	F	--0.29%
OPEN	C	--0.3%
EL	F	--0.31%
TER	F	--0.33%
BRZE	C	--0.33%
AMKR	F	--0.34%
ELF	C	--0.35%
EFX	D	--0.35%
SHLS	F	--0.35%
ARWR	F	--0.35%
AES	F	--0.35%
LRCX	F	--0.36%
NVCR	C	--0.38%
RIG	D	--0.38%
CNM	D	--0.38%
PLD	D	--0.39%
IDXX	F	--0.39%
KSS	F	--0.39%
ELAN	F	--0.39%
PINS	F	--0.4%
ARE	D	--0.4%
AMD	F	--0.4%
ROIV	B	--0.41%
W	D	--0.41%
POWI	D	--0.41%
DNLI	D	--0.42%
AWK	D	--0.42%
FCX	F	--0.42%
CZR	D	--0.42%
UBER	D	--0.42%
CWEN	C	--0.42%
CSGP	C	--0.42%
MU	D	--0.43%
ILMN	C	--0.43%
CC	C	--0.43%
CRSP	C	--0.43%
MGM	F	--0.43%
ALGN	D	--0.43%
SSD	C	--0.43%
SEE	C	--0.44%
THO	B	--0.44%
BLDR	C	--0.44%
F	C	--0.44%
TRU	D	--0.44%
EW	C	--0.44%
UGI	A	--0.44%
RYN	C	--0.44%
BBWI	C	--0.44%
TGT	F	--0.44%
NWE	A	--0.45%
D	C	--0.45%
CARR	C	--0.45%
MTDR	C	--0.45%
RMD	C	--0.45%
AVGO	D	--0.45%
SMG	C	--0.46%
VEEV	B	--0.46%
BXP	D	--0.46%
LAMR	C	--0.46%
ZS	C	--0.46%
KRC	C	--0.46%
ANET	C	--0.46%
PENN	C	--0.46%
HHH	B	--0.47%
SHW	A	--0.47%
TROW	A	--0.48%
NVDA	C	--0.48%
LNC	B	--0.48%
OZK	B	--0.49%
PFGC	A	--0.49%
NRG	C	--0.49%
GH	B	--0.49%
SNAP	C	--0.49%
USB	A	--0.49%
CFG	B	--0.49%
RF	B	--0.5%
TTD	B	--0.5%
NET	B	--0.5%
CAR	C	--0.51%
RMBS	C	--0.51%
PWR	A	--0.51%
GNRC	B	--0.51%
TT	B	--0.51%
CBRE	B	--0.51%
RBLX	C	--0.51%
RRC	B	--0.51%
LPX	B	--0.52%
CEG	D	--0.52%
COHR	C	--0.52%
ETN	A	--0.52%
IOT	B	--0.52%
URI	B	--0.52%
VNO	B	--0.52%
PYPL	A	--0.52%
DELL	C	--0.53%
ZION	B	--0.53%
MDB	C	--0.53%
AR	B	--0.53%
JHG	A	--0.53%
EXP	B	--0.53%
RH	B	--0.53%
FYBR	D	--0.53%
DKNG	C	--0.53%
INTC	C	--0.54%
SNV	B	--0.54%
BLK	C	--0.54%
FOUR	B	--0.54%
NTRS	A	--0.54%
CMA	A	--0.54%
KKR	B	--0.55%
PNFP	B	--0.55%
SCHW	A	--0.56%
GME	C	--0.56%
EXPE	B	--0.56%
MRVL	B	--0.56%
TDOC	C	--0.56%
NTRA	B	--0.56%
BX	B	--0.57%
CRWD	B	--0.57%
OWL	B	--0.58%
TPG	B	--0.58%
EQT	B	--0.59%
PODD	B	--0.59%
DASH	A	--0.59%
SQ	B	--0.6%
LYV	A	--0.62%
LITE	B	--0.62%
DUOL	B	--0.63%
CCL	B	--0.63%
LYFT	C	--0.65%
VRT	B	--0.67%
CVNA	B	--0.68%
DAL	B	--0.68%
PTON	B	--0.69%
TSLA	B	--0.7%
TOST	B	--0.71%
COIN	B	--0.71%
HOOD	B	--0.72%
AXON	B	--0.74%
VST	B	--0.76%
SOFI	B	--0.79%
AFRM	B	--0.84%
PLTR	B	--0.87%