QAI vs. RULE ETF Comparison

Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to Adaptive Core ETF (RULE)
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

Number of Holdings *

32

* may have additional holdings in another (foreign) market
RULE

Adaptive Core ETF

RULE Description Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$23.31

Average Daily Volume

5,937

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period QAI RULE
30 Days 1.66% 5.63%
60 Days 1.94% 5.87%
90 Days 3.07% 6.41%
12 Months 11.07% 21.71%
2 Overlapping Holdings
Symbol Grade Weight in QAI Weight in RULE Overlap
BIL A -0.94% 4.27% -0.94%
SPHQ A -0.02% 3.03% -0.02%
QAI Overweight 30 Positions Relative to RULE
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%
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 33 Positions Relative to RULE
Symbol Grade Weight
JPST A -4.26%
CRM B -3.6%
APO B -3.39%
WMB A -3.07%
EQIX A -3.05%
PCAR B -3.04%
XLG B -3.04%
AON A -3.04%
CAH B -3.0%
VST B -2.96%
INTU C -2.95%
V A -2.95%
IWF B -2.91%
FI A -2.91%
BK A -2.88%
PH A -2.87%
CTAS B -2.84%
GWW B -2.82%
UBER D -2.8%
NFLX A -2.78%
PGR A -2.72%
HD A -2.7%
FTNT C -2.67%
RMD C -2.65%
FCNCA A -2.59%
URI B -2.57%
GPN B -2.51%
IRM D -2.47%
VRT B -2.41%
IBM C -2.35%
PAYX C -2.18%
ADBE C -1.94%
ARES A -1.81%
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