QMN:NYE-IQ Hedge Market Neutral Tracker ETF (USD)

ETF | Natural Resources | NYE

Last Closing Price

USD 26.42

Change

-0.19 (-0.71)%

Market Cap

USD 0.01B

Volume

200.00

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

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.

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 Natural Resources

Symbol Name Mer Price(Change) Market Cap
GUNR FlexShares Morningstar Global .. 0.46 %

-1.19 (-3.75%)

USD5.06B
XLB Materials Select Sector SPDR F.. 0.13 %

-1.70 (-2.82%)

USD3.89B
VAW Vanguard Materials Index Fund .. 0.10 %

-3.74 (-2.86%)

USD2.42B
GNR SPDR S&P Global Natural Resour.. 0.40 %

-1.72 (-3.99%)

USD1.06B
NANR SPDR S&P North American Natura.. 0.35 %

-0.69 (-2.13%)

USD0.72B
MOO VanEck Vectors Agribusiness ET.. 0.54 %

-2.15 (-3.25%)

USD0.68B
LIT Global X Lithium & Battery Tec.. 0.75 %

-1.93 (-5.87%)

USD0.54B
XME SPDR S&P Metals and Mining ETF 0.35 %

-0.77 (-3.00%)

USD0.39B
MXI iShares Global Materials ETF 0.46 %

-2.33 (-3.59%)

USD0.36B
IYM iShares U.S. Basic Materials E.. 0.42 %

-2.79 (-2.92%)

USD0.32B

ETFs Containing QMN

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Natural Resources)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.05% 95% A 49% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.05% 95% A 47% F
Trailing 12 Months  
Capital Gain 2.28% 82% B- 47% F
Dividend Return 1.69% 43% F 38% F
Total Return 3.97% 86% B 45% F
Trailing 5 Years  
Capital Gain 3.22% 55% F 50% F
Dividend Return 3.06% 5% F 11% F
Total Return 6.28% 30% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain 1.16% 14% F 43% F
Dividend Return 0.40% 5% F 9% F
Total Return 1.57% 14% F 27% F
Risk Return Profile  
Volatility (Standard Deviation) 1.81% 100% A+ 99% A+
Risk Adjusted Return 86.31% 100% A+ 76% C
Market Capitalization 0.01B 9% F 8% 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:
Superior risk adjusted returns

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.

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:
Low market capitalization

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.

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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.