QAI vs. WBIG ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to WBI Large Cap Tactical Yield Shares (WBIG)
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
WBIG
WBI Large Cap Tactical Yield Shares
WBIG Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the dividend-paying equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display attractive dividend payment prospects, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$25.28
Average Daily Volume
2,759
39
Performance
Period | QAI | WBIG |
---|---|---|
30 Days | 1.66% | 2.76% |
60 Days | 1.94% | 3.44% |
90 Days | 3.07% | 5.15% |
12 Months | 11.07% | 16.56% |
QAI Overweight 30 Positions Relative to WBIG
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% | |
VTEB | B | -0.21% | |
DBA | B | -0.22% | |
MTUM | A | -0.22% | |
PFF | C | -0.23% | |
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% | |
BWX | F | -2.12% | |
BTAL | F | -2.68% |
QAI Underweight 37 Positions Relative to WBIG
Symbol | Grade | Weight | |
---|---|---|---|
BMY | B | -4.9% | |
WRB | A | -4.68% | |
CHRD | D | -4.66% | |
F | C | -4.61% | |
T | A | -4.56% | |
TROW | B | -4.54% | |
BDX | F | -4.53% | |
NEU | C | -3.99% | |
PR | B | -3.93% | |
JEPQ | A | -3.75% | |
MMC | B | -3.72% | |
KHC | F | -3.36% | |
UHS | D | -2.12% | |
AGZD | A | -2.12% | |
FLTR | A | -2.11% | |
FALN | B | -2.1% | |
FTSL | B | -1.93% | |
UNM | A | -1.45% | |
GILD | C | -1.43% | |
TSN | B | -1.39% | |
MDT | D | -1.27% | |
RGA | A | -1.25% | |
CINF | A | -1.24% | |
HPE | B | -1.2% | |
CI | F | -1.17% | |
RTX | C | -1.14% | |
FANG | D | -1.14% | |
SYY | B | -1.09% | |
OKE | A | -0.94% | |
MCK | B | -0.72% | |
V | A | -0.63% | |
AME | A | -0.62% | |
AXP | A | -0.59% | |
PAYX | C | -0.55% | |
BR | A | -0.54% | |
PH | A | -0.53% | |
RMD | C | -0.49% |
QAI: Top Represented Industries & Keywords
WBIG: Top Represented Industries & Keywords