QAI
IQ Hedge Multi-Strategy Tracker ETFQAI 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 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, fixed-income arbitrage—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. For an absolute-return fund, it trades well and creation is fairly easy and cheap. It is somewhat pricey to hold, with a high fee and uncertain tracking, but that’s par for the course in this space. QAI's solid asset base and real liquidity are rare traits among absolute-returns ETFs.
QAI Charts And Performance
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
QAI Summary Data
QAI Portfolio Data
QAI Portfolio Management
QAI Tax Exposures
QAI Fund Structure
QAI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QAI. QAI is rated a 5 out of 5.
QAI Tradability
QAI Asset Allocation
Short
Long
Net
0.00%
0.00%
0.00%
0.00%
QAI Top 5 Holdings Long
QAI Top 5 Holdings Short
QAI Performance Statistics
QAI Correlations (Daily Returns 12 Mo)
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use