CPI

IQ Real Return ETF
C

41
*Unless otherwise stated, data provided by FactSet.

CPI Fund Description

CPI tracks an index that provides returns greater than the rate of inflation. The fund's index uses a multifactor model to allocate across asset classes and geographies primarily via ETFs.

CPI Factset Analytics Insight

CPI aims to deliver returns over the rate of inflation but its stable returns haven't been substantial recently. The fund’s returns varied little over the past 12 months, aided by its huge stake in short-term Treasuries. This position lowers volatility but doesn’t help returns much, and it elevates correlations with fixed income. The combination of higher correlations and long-only exposure makes CPI less of a pure-play in the absolute-returns space compared with some peers. The fund charges a relatively cheap fee but perhaps a bit hard to swallow given its dirt-simple fund-of-funds basket. CPI trades better than some competitors, which doesn’t say much.

CPI CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CPI 1.46% 0.93% 5.18% 1.74% 2.11% 1.52% --
CPI (NAV) 1.30% 0.79% 5.14% 1.87% 2.09% 1.51% --
IQ Real Return Index 1.32% 0.83% 5.25% 2.16% 2.33% 1.81% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CPI Summary Data

IndexIQ
10/27/09
Open-Ended Fund
0.44%
$56.02M
$111.18K
0.19%

CPI Portfolio Data

Inflation
1.24%
12/30/19
12

CPI Index Data

IQ Real Return Index
Multi-Factor
Multi-Factor
N/A

CPI Portfolio Management

0.44%
-0.31%
-0.18%
-0.38%

CPI Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

CPI Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Medium
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CPI Factset Analytics Block Liquidity

As of 07/16/19
5
4
3
2
1

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

CPI Tradability

3,749
$111.18K
1,879
$58.41K
0.19%
$0.05
-0.07%
0.36% / -0.39%
None
100.00%
50,000
0.04
0.04%
0.52%
--
$27.99
4

CPI Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

CPI Top 5 Holdings Short

--

CPI Performance Statistics

1.87%
2.40%
-1.97%
0.04
0.05
-0.11
2.24

CPI Correlations (DAILY RETURNS 12 MO)

0.92
-0.06
0.53

Correlation (Rolling 30 Day, 12 Mo)