QAI vs. FISR ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to SPDR SSGA Fixed Income Sector Rotation ETF (FISR)
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
FISR
SPDR SSGA Fixed Income Sector Rotation ETF
FISR Description
The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund is a "fund of funds," meaning that it primarily invests its assets in securities of other exchange-traded funds ("ETFs"). Under normal circumstances, it invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly, or indirectly through the underlying ETFs, in fixed income securities. The fund or ETFs in which it invests may use derivative instruments to gain or hedge exposure to certain securities as an alternative to investing directly in such securities.Grade (RS Rating)
Last Trade
$25.67
Average Daily Volume
71,135
1
Performance
| Period | QAI | FISR |
|---|---|---|
| 30 Days | 1.66% | -0.47% |
| 60 Days | 1.94% | -3.06% |
| 90 Days | 3.07% | -2.05% |
| 12 Months | 11.07% | 5.95% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QAI | Weight in FISR | Overlap | |
|---|---|---|---|---|---|
| BWX | F | -2.12% | 2.45% | -2.12% |
QAI Overweight 31 Positions Relative to FISR
| 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% | |
| MNA | C | -0.33% | |
| 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% | |
| BTAL | F | -2.68% |
QAI Underweight 0 Positions Relative to FISR
| Symbol | Grade | Weight |
|---|
QAI: Top Represented Industries & Keywords
FISR: Top Represented Industries & Keywords
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