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 MSCI ESG Analytics Insight
IQ Hedge Multi-Strategy Tracker ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.66 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 Multi-Strategy Tracker ETF ranks in the 44th percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QAI Charts And Performance
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QAI Summary Data
QAI Portfolio Data
QAI Index 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 N/A out of 5.
QAI Tradability
QAI Asset Allocation
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QAI Top 5 Holdings Short
QAI Performance Statistics
QAI Correlations (Daily Returns 12 Mo)
QAI MSCI ESG Ratings
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.