QAI vs. RDFI ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to Rareview Dynamic Fixed Income ETF (RDFI)
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
RDFI
Rareview Dynamic Fixed Income ETF
RDFI Description
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.Grade (RS Rating)
Last Trade
$24.26
Average Daily Volume
12,003
32
Performance
| Period | QAI | RDFI |
|---|---|---|
| 30 Days | 1.66% | 0.87% |
| 60 Days | 1.94% | -2.29% |
| 90 Days | 3.07% | -0.07% |
| 12 Months | 11.07% | 14.98% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QAI | Weight in RDFI | Overlap | |
|---|---|---|---|---|---|
| BIL | A | -0.94% | 1.08% | -0.94% |
QAI Overweight 31 Positions Relative to RDFI
| 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% | |
| IGOV | F | -1.0% | |
| BWX | F | -2.12% | |
| BTAL | F | -2.68% |
QAI Underweight 31 Positions Relative to RDFI
| Symbol | Grade | Weight | |
|---|---|---|---|
| NPFD | A | -5.43% | |
| EDD | D | -4.84% | |
| PDX | A | -4.6% | |
| HIO | B | -4.13% | |
| EMD | C | -3.83% | |
| ZROZ | F | -3.68% | |
| TEI | D | -3.51% | |
| NZF | C | -3.32% | |
| FPF | C | -3.13% | |
| NAD | B | -2.65% | |
| CARY | C | -2.62% | |
| BTZ | C | -2.56% | |
| EAD | C | -2.52% | |
| RA | B | -2.37% | |
| NVG | C | -2.31% | |
| ERC | C | -2.19% | |
| BLE | D | -2.07% | |
| VMO | D | -1.95% | |
| NEA | C | -1.9% | |
| FTF | B | -1.9% | |
| EMB | C | -1.83% | |
| MMU | C | -1.81% | |
| IQI | D | -1.62% | |
| HIX | B | -1.34% | |
| VKQ | D | -1.3% | |
| EHI | C | -1.28% | |
| GHY | A | -1.19% | |
| MBB | C | -1.0% | |
| MYD | D | -0.89% | |
| MHD | C | -0.39% | |
| IIM | D | -0.25% |
QAI: Top Represented Industries & Keywords
RDFI: Top Represented Industries & Keywords
Compare ETFs
