QAI vs. APMU ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to Trust for Professional Managers ActivePassive Intermediate Municipal Bond ETF (APMU)
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
$31.11
Average Daily Volume
125,975
35
APMU
Trust for Professional Managers ActivePassive Intermediate Municipal Bond ETF
APMU Description
The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the Bloomberg Municipal 1-10 Year Blend Index. Under normal market conditions, the fund will invest at least 80% of its net assets in U.S. municipal bond securities that are exempt from U.S. federal income tax and are rated investment grade or better.Grade (RS Rating)
Last Trade
$25.04
Average Daily Volume
12,433
1
Performance
Period | QAI | APMU |
---|---|---|
30 Days | 1.57% | 0.87% |
60 Days | -0.22% | 1.86% |
90 Days | 0.74% | 2.69% |
12 Months | 7.10% | 4.89% |
1 Overlapping Holdings
Symbol | Grade | Weight in QAI | Weight in APMU | Overlap | |
---|---|---|---|---|---|
MUB | A | 3.04% | 18.28% | 3.04% |
QAI Overweight 34 Positions Relative to APMU
Symbol | Grade | Weight | |
---|---|---|---|
FLOT | A | 15.82% | |
PIN | B | 0.0% | |
JEPQ | D | -0.01% | |
SPHQ | C | -0.02% | |
CTA | B | -0.02% | |
COMT | F | -0.03% | |
KMLM | B | -0.03% | |
PFFD | A | -0.04% | |
GLDM | A | -0.04% | |
FLJP | C | -0.05% | |
DBMF | D | -0.09% | |
ARB | A | -0.1% | |
JEPI | A | -0.14% | |
PDBC | F | -0.17% | |
STIP | A | -0.18% | |
SRLN | A | -0.2% | |
DBA | B | -0.24% | |
VTEB | A | -0.25% | |
MTUM | C | -0.25% | |
BKLN | A | -0.26% | |
PFF | A | -0.27% | |
BBJP | C | -0.27% | |
ICVT | A | -0.35% | |
SCHR | A | -0.37% | |
MNA | A | -0.4% | |
FLRN | A | -0.51% | |
IGOV | A | -0.61% | |
CWB | A | -0.62% | |
SGOV | A | -0.67% | |
UUP | F | -0.7% | |
BIL | A | -0.96% | |
BWX | A | -1.15% | |
VGIT | A | -1.32% | |
BTAL | A | -2.94% |
QAI Underweight 0 Positions Relative to APMU
Symbol | Grade | Weight |
---|
QAI: Top Represented Industries & Keywords
APMU: Top Represented Industries & Keywords