CPI

IQ Real Return ETF
*Unless otherwise stated, data provided by FactSet.

CPI Fund Description

CPI tracks an index that provides a hedge against inflation rates. The index allocates to multiple assets at each monthly rebalance.

CPI Factset Analytics Insight

CPI offers a multi-asset exposure consisting of equity, fixed income, and commodity, that are expected to benefit directly or indirectly from inflation. The index includes US large-cap stocks, US Treasury Inflation-Protected Securities (TIPS) from short- to long-term, and commodities. The index is usually rebalanced monthly and holds 500-600 securities. At each rebalance, the exposures of the index consist of 60% TIPS, with a bias toward shorter duration and weighted based on market value, 30% equities, tilting towards sectors expected to benefit from inflation and weighted based on a modified market-cap, and 10% commodities, typically through investments in ETFs and/or other exchange-traded vehicles. The fund’s huge stake in short-term TIPS can lower volatility but doesn’t help returns much, and elevates correlations with fixed income. Prior to Feb. 28, 2022, the fund tracked the IQ Real Return Index, which also offered an inflation hedge strategy in a fund-of-funds structure.

PERFORMANCE [as of 06/24/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CPI -1.26% -6.37% -4.71% -3.72% -0.80% 0.35% 0.67%
CPI (NAV) -1.34% -6.35% -4.70% -3.72% -0.82% 0.34% 0.67%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CPI Summary Data

New York Life
IndexIQ
10/27/09
Open-Ended Fund
0.29%
$11.58M
$573.03K
0.12%

CPI Portfolio Data

Inflation
1.37%
N/A
8

CPI Index Data

Bloomberg IQ Multi-Asset Inflation Index
Fixed
Fixed
N/A

CPI Portfolio Management

0.29%
-0.11%
-0.10%
-0.11%

CPI Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

CPI Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
High
Daily

CPI Factset Analytics Block Liquidity

As of 06/27/22
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 N/A out of 5.

CPI Tradability

21,995
$573.03K
3,538
$95.30K
0.12%
$0.03
-0.01%
1.38% / -0.80%
None
100.00%
50,000
0.07
0.04%
--
0
$26.01
N/A

CPI Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

CPI Top 5 Holdings Long

3.20%
3.05%
2.80%

CPI Top 5 Holdings Short

--

CPI Performance Statistics

-3.72%
1.18%
-4.06%
-0.05
-0.05
-0.90
6.55

CPI Correlations (Daily Returns 12 Mo)

0.66
0.35
0.46