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.
Inception Date: 25/03/2009
Primary Benchmark: IQ Hedge Multi-Strategy TR USD
Primary Index: Morningstar Mod Tgt Risk TR USD
Gross Expense Ratio: 0.76%
Management Expense Ratio: 0.54 %
|VSS||Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares||5.33 %|
|DBJP||Xtrackers MSCI Japan Hedged Equity ETF||2.33 %|
|SCHC||Schwab International Small-Cap Equity ETF||2.26 %|
|EWX||SPDR S&P Emerging Markets Small Cap ETF||2.13 %|
|DBEF||Xtrackers MSCI EAFE Hedged Equity ETF||1.73 %|
|FXI||iShares China Large-Cap ETF||1.53 %|
|AAXJ||iShares MSCI All Country Asia ex Japan ETF||1.32 %|
|MCHI||iShares MSCI China ETF||1.31 %|
|VUG||Vanguard Growth Index Fund ETF Shares||1.30 %|
|IPAC||iShares Core MSCI Pacific ETF||1.27 %|
|NET||Cloudflare, Inc||0.00 %||
|MLPE||C-Tracks ETNs on the Miller/Ho..||0.00 %||
|NRGD||MicroSectors U.S. Big Oil Inde..||0.00 %||
|NRGO||MicroSectors U.S. Big Oil Inde..||0.00 %||
|NRGU||MicroSectors U.S. Big Oil Inde..||0.00 %||
|NRGZ||MicroSectors U.S. Big Oil Inde..||0.00 %||
|AEF||Aberdeen Emerging Markets Equi..||0.00 %||
|AFFS||AmTrust Financial Services, In..||0.00 %||
|AFFT||Amtrust Financial Services Inc||0.00 %||
|AIG-W||American International Group||0.00 %||
|Market Performance vs.
|Market Performance vs. Exchange|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||2.97%||90%||A-||95%||A|
|Risk Adjusted Return||29.09%||42%||F||44%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
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.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
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.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The company has under performed its peers on annual average total returns in the past 5 years.
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.