The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ Hedge Market Neutral 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.
|BKLN||Invesco Exchange-Traded Fund Trust II - Invesco Senior Loan ETF||13.52 %|
|ULTR||IQ Ultra Short Duration ETF||10.32 %|
|SHV||iShares Short Treasury Bond ETF||7.50 %|
|CLTL||Invesco Treasury Collateral ETF||7.28 %|
|GBIL||Goldman Sachs Access Treasury 0-1 Year ETF||7.25 %|
|SRLN||SPDR Blackstone / GSO Senior Loan ETF||4.78 %|
|MBB||iShares MBS ETF||4.74 %|
|VEU||Vanguard FTSE All-World ex-US Index Fund ETF Shares||4.35 %|
|MNA||IQ Merger Arbitrage ETF||0.77 %||
|BTAL||AGFiQ U.S. Market Neutral Anti..||2.11 %||
|GDG||Gadsden Dynamic Growth ETF||0.88 %||
|QED||IQ Hedge Event-Driven Tracker ..||0.78 %||
|AGGE||IQ Enhanced Core Bond U.S. ETF||0.28 %||
|MOM||AGFiQ U.S. Market Neutral Mome..||2.32 %||
|RALS||ProShares RAFI Long/Short||0.95 %||
|SIZ||AGFiQ U.S. Market Neutral Size..||2.82 %||
|CHEP||AGFiQ U.S. Market Neutral Valu..||1.61 %||
|Market Performance vs.
Industry/Classification (Market Neutral)
|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)||1.90%||100%||A+||99%||A+|
|Risk Adjusted Return||85.92%||100%||A+||76%||C|
|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 stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
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.
The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
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.