QAI:NYE-IQ Hedge Multi-Strategy Tracker ETF (USD)

ETF | Miscellaneous Region | NYE

Last Closing Price

USD 30.59

Change

-0.32 (-1.04)%

Market Cap

USD 0.82B

Volume

0.09M

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

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 is a fund of funds which means it invests, under normal circumstances, at least 80% of its net assets, 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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-02-24 )

Largest Industry Peers for Miscellaneous Region

Symbol Name Mer Price(Change) Market Cap
EWY iShares MSCI South Korea Cappe.. 0.59 %

-3.05 (-5.23%)

USD4.41B
RBL SPDR(R) S&P(R) RUSSIA ETF SPDR.. 0.00 %

+1.02 (+0.00%)

USD4.19B
EWC iShares MSCI Canada ETF 0.49 %

-0.71 (-2.32%)

USD2.83B
EWU iShares MSCI United Kingdom ET.. 0.50 %

-1.32 (-4.04%)

USD2.60B
EWG iShares MSCI Germany ETF 0.49 %

-1.24 (-4.26%)

USD2.17B
EWA iShares MSCI Australia ETF 0.50 %

-0.97 (-4.27%)

USD1.54B
RSX VanEck Vectors Russia ETF 0.65 %

-1.18 (-4.76%)

USD1.19B
EWL iShares MSCI Switzerland ETF 0.50 %

-1.85 (-4.41%)

USD1.15B
EWP iShares MSCI Spain Capped ETF 0.50 %

-1.13 (-3.89%)

USD0.96B
EWW iShares MSCI Mexico Capped ETF 0.49 %

-1.58 (-3.39%)

USD0.88B

ETFs Containing QAI

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Miscellaneous Region)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.68% 81% B- 51% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.68% 81% B- 50% F
Trailing 12 Months  
Capital Gain 2.14% 55% F 47% F
Dividend Return 1.96% 52% F 44% F
Total Return 4.10% 55% F 46% F
Trailing 5 Years  
Capital Gain 1.68% 65% D 48% F
Dividend Return 4.24% 9% F 15% F
Total Return 5.92% 50% F 34% F
Average Annual (5 Year Horizon)  
Capital Gain 1.08% 40% F 41% F
Dividend Return 0.62% 2% F 15% F
Total Return 1.71% 20% F 28% F
Risk Return Profile  
Volatility (Standard Deviation) 3.04% 100% A+ 96% A
Risk Adjusted Return 56.23% 65% D 51% F
Market Capitalization 0.82B 82% B- 51% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

STA Verdict Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.