RLY vs. QAI ETF Comparison

Comparison of SPDR SSgA Multi Asset Real Return ETF (RLY) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
RLY

SPDR SSgA Multi Asset Real Return ETF

RLY Description

The investment seeks to achieve real return consisting of capital appreciation and current income. The fund invests substantially all of its assets in the SSgA Multi-Asset Real Return Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. The Portfolio's allocation among those asset classes will be in proportions consistent with the Adviser's evaluation of the expected returns and risks of each asset class as well as the allocation that, in the Adviser's view, will best meet the Portfolio's investment objective.

Grade (RS Rating)

Last Trade

$28.47

Average Daily Volume

80,100

Number of Holdings *

9

* may have additional holdings in another (foreign) market
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

$31.88

Average Daily Volume

168,587

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period RLY QAI
30 Days 0.19% 0.92%
60 Days 0.84% 1.51%
90 Days 1.58% 2.36%
12 Months 5.17% 8.74%
2 Overlapping Holdings
Symbol Grade Weight in RLY Weight in QAI Overlap
BIL B 4.69% -0.95% -0.95%
PDBC F 18.14% -0.17% -0.17%
RLY Overweight 7 Positions Relative to QAI
Symbol Grade Weight
GNR D 27.68%
GII A 23.36%
TIPX A 8.23%
WIP B 6.03%
RWR B 0.61%
RWX B 0.56%
MOO C 0.25%
RLY Underweight 33 Positions Relative to QAI
Symbol Grade Weight
FLOT A -15.84%
MUB A -3.06%
PIN A -0.0%
JEPQ B --0.01%
SPHQ B --0.02%
CTA D --0.02%
COMT D --0.03%
KMLM C --0.03%
PFFD A --0.04%
GLDM B --0.04%
FLJP C --0.05%
DBMF D --0.09%
ARB A --0.1%
JEPI A --0.15%
STIP A --0.18%
SRLN A --0.19%
VTEB A --0.25%
DBA B --0.25%
BKLN A --0.26%
MTUM B --0.26%
BBJP D --0.26%
PFF A --0.27%
ICVT A --0.35%
SCHR B --0.37%
MNA A --0.4%
FLRN A --0.49%
IGOV B --0.6%
CWB A --0.61%
SGOV B --0.66%
UUP F --0.67%
BWX A --1.14%
VGIT B --1.3%
BTAL D --2.91%
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