QAI

IQ Hedge Multi-Strategy Tracker ETF
*Unless otherwise stated, data provided by FactSet.

QAI Fund Description

QAI tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs.

QAI Factset Analytics Insight

QAI is a fund-of-funds that uses a mash-up of hedge fund replication sub-indexes to emulate the returns of a multi-strategy fund-of-funds. Each sub-index: global macro, long short, and fixed-income arbitrage, market neutral, event-driven, and emerging markets contains liquid securities (mostly ETFs) selected and weighted using regression and other quant techniques to approximate the returns of a particular hedge fund strategy. The resulting basket is typically dominated by long fixed-income positions, and long equity positions. As a result, QAI's performance often shows correlation with its major asset classes, and low variability of returns.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QAI -3.37% -6.97% -9.75% -10.82% -0.57% 0.71% 1.45%
QAI (NAV) -3.35% -7.18% -9.48% -11.02% -0.62% 0.71% 1.46%
IQ Hedge Multi-Strategy Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QAI Summary Data

New York Life
IndexIQ
03/25/09
Open-Ended Fund
0.79%
$734.71M
$6.57M
0.09%

QAI Portfolio Data

Tactical Asset Allocation
0.31%
N/A
54

QAI Index Data

Multi-Factor
Multi-Factor
N/A

QAI Portfolio Management

0.79%
-0.69%
-0.68%
-0.70%

QAI Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

QAI Fund Structure

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

QAI Factset Analytics Block Liquidity

As of 07/01/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QAI. QAI is rated a 2 out of 5.

QAI Tradability

225,694
$6.57M
147,534
$4.39M
0.09%
$0.03
0.05%
0.54% / -0.34%
None
100.00%
50,000
2.95
0.03%
15.52%
0
$28.67
2

QAI Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

QAI Top 5 Holdings Short

-0.03%

QAI Performance Statistics

-11.02%
0.95%
-3.65%
-0.11
-0.14
-0.49
2.86

QAI Correlations (Daily Returns 12 Mo)

0.91
0.35
0.09