QGTA

IQ Leaders GTAA Tracker ETF
CLOSING PRICECHANGE (%)VOLUME
$22.50-- (--)200
4:00:00 p.m. (ET) 04/20/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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QGTA Fund Description

The IQ Leaders GTAA Tracker ETF tracks an index of primarily ETFs from various asset classes. The index aims to emulate the averaged returns of 10 global tactical asset allocation mutual funds, selected by the index.

QGTA FactSet Analytics Insight

QGTA, launched September 30, 2015 applies ETFthe complexity under the hood is formidable, but the basket is straightforward hedge fund replication to the mutual fund space. It aims to deliver the returns of the best mutual funds that focus on global tactical asset allocation in an ETF wrapper. Why not just buy the mutual funds? The ETF wrapper offers a tax efficient, rules-based, diversified solution at a reasonable fee that can be bought 1 share at a time. Still, the complexity under the hood is formidable. The index must select which mutual funds are “best” and which ETFs to map them onto, and then apply complex math to get the weights. The resulting multi-asset basket is straightforward, at least to those familiar with ETFs, with concentrated stakes in popular bond, stock and convertible bond ETFs.

Issuer Index IQ put ETF hedge fund replication on the map with its popular QAI ETF, and charges a reasonable fee given QGTA’s complexity. Trade the fund with care in early days and monitor AUM and trading volume to see if investors are buying in.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Bats Book Viewer
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Bats BZX Real-time Quote - 23:59:59
Average Spread
Premium/Discount
Volume

QGTA FactSet Analytics Block Liquidity

As of 04/21/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QGTA. QGTA is rated a 4 out of 5.

QGTA Summary Data

09/30/15
Open-Ended Fund
0.55%
$33.52 M

QGTA Portfolio Data

1.82%
06/21/17

QGTA Index Data

IQ Leaders GTAA Index
Multi-Factor
Multi-Factor
N/A

QGTA Fund Structure

No
Yes
100% / 0%
N/A
N/A
Medium
N/A
N/A

QGTA Tax Exposures

20.00% / 39.60%
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No

QGTA Tradability

901
$22.65 K
0
$0
0.22%
-0.05%
2.18% / -4.47%
None
50,000
0
0.04%
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$22.50
4