NDOW vs. QAI ETF Comparison
Comparison of Anydrus Advantage ETF (NDOW) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
NDOW
Anydrus Advantage ETF
NDOW Description
The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.
Grade (RS Rating)
Last Trade
$25.11
Average Daily Volume
2,618
54
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
$32.54
Average Daily Volume
81,551
32
Performance
| Period | NDOW | QAI |
|---|---|---|
| 30 Days | -0.08% | 1.66% |
| 60 Days | -0.93% | 1.94% |
| 90 Days | -0.09% | 3.07% |
| 12 Months | 11.07% |
NDOW Overweight 52 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| IBTH | D | 8.43% | |
| VGIT | D | 8.3% | |
| XEMD | C | 6.17% | |
| FLIA | B | 6.08% | |
| SCHI | C | 4.91% | |
| BSJS | A | 4.54% | |
| SPMO | B | 4.33% | |
| BKLC | A | 4.32% | |
| SCHD | A | 4.25% | |
| IDMO | C | 3.81% | |
| VGLT | F | 3.74% | |
| MGK | B | 3.0% | |
| GLTR | C | 2.7% | |
| FMF | C | 2.05% | |
| FLSP | C | 2.04% | |
| SRE | A | 1.05% | |
| JPM | A | 1.01% | |
| ETN | A | 1.01% | |
| NEE | D | 0.88% | |
| BCC | B | 0.86% | |
| FCX | D | 0.8% | |
| NXPI | D | 0.79% | |
| BNTX | D | 0.62% | |
| FINV | B | 0.61% | |
| ESEA | D | 0.61% | |
| NICE | C | 0.6% | |
| OGN | D | 0.59% | |
| VRTX | F | 0.57% | |
| MPWR | F | 0.56% | |
| NTES | D | 0.55% | |
| BABA | D | 0.54% | |
| YY | C | 0.52% | |
| ABBV | D | 0.5% | |
| BIDU | F | 0.5% | |
| INFY | B | 0.48% | |
| PBR | C | 0.46% | |
| E | F | 0.45% | |
| MTLS | B | 0.43% | |
| LNTH | D | 0.42% | |
| LNG | B | 0.42% | |
| TCMD | A | 0.41% | |
| CHE | D | 0.41% | |
| ACMR | F | 0.41% | |
| LRN | A | 0.41% | |
| BLD | D | 0.4% | |
| INTC | D | 0.4% | |
| NBIX | C | 0.4% | |
| CROX | D | 0.4% | |
| AMAT | F | 0.38% | |
| REGN | F | 0.38% | |
| ROCK | C | 0.38% | |
| QCOM | F | 0.37% |
NDOW Underweight 30 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -17.06% | |
| MUB | C | -2.71% | |
| SIVR | D | -0.03% | |
| PIN | D | -0.0% | |
| FLJP | D | -0.0% | |
| KMLM | F | --0.02% | |
| SPHQ | A | --0.02% | |
| CTA | A | --0.02% | |
| BBJP | D | --0.02% | |
| COMT | D | --0.03% | |
| PFFD | C | --0.04% | |
| JEPI | A | --0.05% | |
| DBMF | D | --0.07% | |
| ARB | B | --0.09% | |
| PDBC | D | --0.14% | |
| SRLN | A | --0.18% | |
| BKLN | A | --0.2% | |
| VTEB | B | --0.21% | |
| DBA | B | --0.22% | |
| MTUM | A | --0.22% | |
| PFF | C | --0.23% | |
| STIP | C | --0.31% | |
| ICVT | A | --0.33% | |
| FLRN | A | --0.47% | |
| CWB | A | --0.58% | |
| UUP | A | --0.61% | |
| SGOV | B | --0.72% | |
| BIL | A | --0.94% | |
| IGOV | F | --1.0% | |
| BWX | F | --2.12% |
NDOW: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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