MCRO

IQ Hedge Macro Tracker ETF
*Unless otherwise stated, data provided by FactSet.

MCRO Fund Description

MCRO is an ETF-of-ETFs that tracks an index that follows a global macro strategy with exposure across asset classes and geographies.

MCRO Factset Analytics Insight

MCRO aims to emulate the returns of a combination of global-macro and emerging-markets hedge funds using a basket of ETFs. This fund of funds approach is common among global macro ETFs whose top-down or geographic selection finds targeted exposure in other ETFs. Macro hedge fund’s strategy typically involves top-down macro analysis to identify dislocations in equity, fixed-income, currency and commodity markets with large price movement expectation. Emerging-Market hedge funds typically invest in equities, debt issues and currencies of countries in emerging markets. MCRO tends to lean hard toward fixed income to keep volatility low. Note that the fund and the index does not include hedge funds as components.

MCRO MSCI ESG Analytics Insight

IQ Hedge Macro Tracker ETF has an MSCI ESG Fund Rating of BBB based on a score of 6.01 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. IQ Hedge Macro Tracker ETF ranks in the 41st percentile within its peer group and in the 34th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 10/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MCRO 1.69% -0.14% 0.45% 4.81% 4.95% 3.45% 1.78%
MCRO (NAV) 1.34% -0.51% 0.44% 4.85% 5.11% 3.44% 1.73%
IQ Hedge Macro Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MCRO Summary Data

New York Life
IndexIQ
06/09/09
Open-Ended Fund
0.67%
$4.26M
$3.44K
0.10%

MCRO Portfolio Data

Tactical Asset Allocation
2.50%
N/A
20

MCRO Index Data

IQ Hedge Macro Index
Multi-Factor
Multi-Factor
N/A

MCRO Portfolio Management

0.67%
-0.66%
-0.52%
-0.82%

MCRO Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MCRO Fund Structure

Open-Ended Fund
Yes
Yes
-- / --
N/A
N/A
High
Daily

MCRO Factset Analytics Block Liquidity

As of 10/22/21
5
4
3
2
1

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

MCRO Tradability

138
$3.44K
3
0
0.10%
$0.03
-0.01%
0.48% / -0.31%
None
100.00%
50,000
0.00
0.04%
86.43%
0
$28.40
1

MCRO Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

MCRO Top 5 Holdings Short

--

MCRO Performance Statistics

4.85%
3.21%
-1.72%
0.05
0.08
-0.30
0.22

MCRO Correlations (Daily Returns 12 Mo)

0.80
0.35
0.34

MCRO MSCI ESG Ratings

6.01 / 10
34.04
41.41
3.54%
--
225.31