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.
|SHV||iShares Short Treasury Bond ETF||25.25 %|
|BKLN||Invesco Senior Loan ETF||7.35 %|
|AVD||American Vanguard Corporation||7.54 %|
|CYMEF||ISHARES BRIC INDEX F||6.69 %|
|IWLE:XETRA||iShares Core MSCI World UCITS ETF EUR Hedged (Dist)||4.41 %|
|LQD||iShares iBoxx $ Investment Grade Corporate Bond ETF||3.84 %|
|GUNR||FlexShares Morningstar Global ..||0.46 %||
|XLB||Materials Select Sector SPDR F..||0.13 %||
|VAW||Vanguard Materials Index Fund ..||0.10 %||
|GNR||SPDR S&P Global Natural Resour..||0.40 %||
|NANR||SPDR S&P North American Natura..||0.35 %||
|MOO||VanEck Vectors Agribusiness ET..||0.54 %||
|LIT||Global X Lithium & Battery Tec..||0.75 %||
|XME||SPDR S&P Metals and Mining ETF||0.35 %||
|MXI||iShares Global Materials ETF||0.46 %||
|IYM||iShares U.S. Basic Materials E..||0.42 %||
|Market Performance vs.
Industry/Classification (Natural Resources)
|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)||1.81%||100%||A+||99%||A+|
|Risk Adjusted Return||86.31%||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.
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
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.
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.