OCIO vs. QAI ETF Comparison
Comparison of ClearShares OCIO ETF (OCIO) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
OCIO
ClearShares OCIO ETF
OCIO Description
The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.
Grade (RS Rating)
Last Trade
$33.74
Average Daily Volume
2,740
15
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
$31.65
Average Daily Volume
162,946
35
Performance
| Period | OCIO | QAI |
|---|---|---|
| 30 Days | 1.08% | 1.15% |
| 60 Days | 1.47% | 1.02% |
| 90 Days | 1.90% | 2.06% |
| 12 Months | 14.61% | 8.58% |
1 Overlapping Holdings
| Symbol | Grade | Weight in OCIO | Weight in QAI | Overlap | |
|---|---|---|---|---|---|
| VGIT | A | 1.42% | -1.34% | -1.34% |
OCIO Underweight 34 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.89% | |
| MUB | A | -3.07% | |
| PIN | A | -0.0% | |
| JEPQ | C | --0.01% | |
| SPHQ | A | --0.02% | |
| CTA | D | --0.02% | |
| COMT | D | --0.03% | |
| KMLM | C | --0.03% | |
| GLDM | A | --0.04% | |
| FLJP | B | --0.05% | |
| PFFD | A | --0.05% | |
| DBMF | D | --0.09% | |
| ARB | B | --0.11% | |
| JEPI | A | --0.15% | |
| PDBC | F | --0.17% | |
| STIP | A | --0.18% | |
| SRLN | A | --0.2% | |
| DBA | B | --0.25% | |
| BBJP | B | --0.26% | |
| BKLN | A | --0.26% | |
| MTUM | B | --0.26% | |
| VTEB | A | --0.26% | |
| PFF | A | --0.28% | |
| ICVT | A | --0.35% | |
| SCHR | A | --0.38% | |
| MNA | A | --0.4% | |
| FLRN | A | --0.5% | |
| CWB | A | --0.62% | |
| IGOV | A | --0.62% | |
| UUP | F | --0.68% | |
| SGOV | B | --0.68% | |
| BIL | B | --0.98% | |
| BWX | A | --1.17% | |
| BTAL | C | --3.05% |
OCIO: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
Compare ETFs
