QAI vs. HFND ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)
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
$32.08
Average Daily Volume
157,425
35
HFND
Unlimited HFND Multi-Strategy Return Tracker ETF
HFND Description
The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.Grade (RS Rating)
Last Trade
$22.57
Average Daily Volume
8,343
6
Performance
| Period | QAI | HFND |
|---|---|---|
| 30 Days | 2.49% | 3.11% |
| 60 Days | 5.18% | 6.99% |
| 90 Days | 2.75% | 3.36% |
| 12 Months | 11.80% | 12.69% |
QAI Overweight 33 Positions Relative to HFND
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | 15.56% | |
| MUB | B | 3.01% | |
| PIN | D | 0.0% | |
| JEPQ | A | -0.01% | |
| KMLM | F | -0.02% | |
| SPHQ | B | -0.02% | |
| CTA | B | -0.02% | |
| COMT | B | -0.03% | |
| FLJP | B | -0.04% | |
| PFFD | B | -0.04% | |
| GLDM | B | -0.04% | |
| DBMF | D | -0.09% | |
| ARB | A | -0.1% | |
| JEPI | A | -0.14% | |
| PDBC | B | -0.16% | |
| STIP | B | -0.17% | |
| SRLN | A | -0.19% | |
| VTEB | B | -0.24% | |
| DBA | C | -0.24% | |
| BBJP | B | -0.25% | |
| MTUM | A | -0.25% | |
| PFF | B | -0.27% | |
| SCHR | C | -0.37% | |
| MNA | A | -0.39% | |
| FLRN | A | -0.48% | |
| CWB | A | -0.6% | |
| IGOV | D | -0.61% | |
| SGOV | B | -0.66% | |
| UUP | B | -0.66% | |
| BIL | B | -0.95% | |
| BWX | D | -1.16% | |
| VGIT | C | -1.31% | |
| BTAL | D | -2.8% |
QAI: Top Represented Industries & Keywords
HFND: Top Represented Industries & Keywords
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