THY vs. QAI ETF Comparison
Comparison of Agility Shares Dynamic Tactical Income ETF (THY) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
THY
Agility Shares Dynamic Tactical Income ETF
THY Description
The investment seeks to provide income; a secondary objective of the fund is to limit risk during unfavorable market conditions. The adviser seeks to achieve the fund's investment objectives by investing primarily in exchange traded funds (ETFs); options on ETFs, equities and indices; futures and options that invest in or are otherwise exposed to domestic and foreign high-yield debt instruments (also known as junk bonds), and U.S. or foreign cash equivalents. It may hedge long positions using futures and/or ETFs.
Grade (RS Rating)
Last Trade
$23.04
Average Daily Volume
7,666
3
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
$31.91
Average Daily Volume
163,532
35
Performance
| Period | THY | QAI |
|---|---|---|
| 30 Days | 2.15% | 1.95% |
| 60 Days | 3.62% | 2.24% |
| 90 Days | 4.81% | 3.10% |
| 12 Months | 8.39% | 9.79% |
0 Overlapping Holdings
| Symbol | Grade | Weight in THY | Weight in QAI | Overlap |
|---|
THY Underweight 35 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.84% | |
| MUB | B | -3.06% | |
| PIN | B | -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 | B | --0.05% | |
| DBMF | D | --0.09% | |
| ARB | B | --0.1% | |
| JEPI | A | --0.15% | |
| PDBC | D | --0.17% | |
| STIP | A | --0.18% | |
| SRLN | A | --0.19% | |
| VTEB | B | --0.25% | |
| DBA | C | --0.25% | |
| BKLN | A | --0.26% | |
| MTUM | B | --0.26% | |
| BBJP | B | --0.26% | |
| PFF | A | --0.27% | |
| ICVT | B | --0.35% | |
| SCHR | B | --0.37% | |
| MNA | B | --0.4% | |
| FLRN | A | --0.49% | |
| IGOV | B | --0.6% | |
| CWB | B | --0.61% | |
| SGOV | B | --0.66% | |
| UUP | F | --0.67% | |
| BIL | B | --0.95% | |
| BWX | B | --1.14% | |
| VGIT | B | --1.3% | |
| BTAL | D | --2.91% |
THY: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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