QED

IQ Hedge Event-Driven Tracker ETF
D

55
*Unless otherwise stated, data provided by FactSet.

QED Fund Description

QED tracks an index that seeks to replicate the returns of hedge funds pursuing event-driven strategies. The index uses a portfolio of primarily ETFs.

QED Factset Analytics Insight

QED is the first ETF of its kind: a fund that tracks an index following the collective performance of hedge funds that employ event-driven strategies. The two main substrategies described by the fund— credit opportunities and event-driven equities—focus on nonrecurring events that can drive changes in valuation in any part of a firm’s capital structure. These events can include changes in management, major product launches, mergers, spin-offs, bankruptcies and other restructuring. QED’s index doesn’t follow these strategies specifically, but uses a portfolio of ETFs and derivatives to mimic the return profiles of these hedge funds. As the Absolute Returns segment goes, QED charges a very typical expense ratio. Trade the new fund with care in early days.

QED Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/13/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QED 1.45% 2.05% 10.35% 4.56% 4.37% -- --
QED (NAV) 0.99% 1.70% 10.18% 4.27% 5.55% -- --
IQ Hedge Event-Driven Index 1.03% 1.82% 10.61% 4.76% 6.10% -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QED Summary Data

IndexIQ
03/24/15
Open-Ended Fund
0.78%
$4.31M
$27.60K
0.21%

QED Portfolio Data

Long/Short Broad-based
4.02%
12/30/19
--

QED Index Data

Multi-Factor
Multi-Factor
N/A

QED Portfolio Management

0.78%
-0.41%
-0.30%
-0.50%

QED Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QED Fund Structure

Open-Ended Fund
Yes
Yes
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

QED Factset Analytics Block Liquidity

As of 09/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QED. QED is rated a 4 out of 5.

QED Tradability

933
$27.60K
120
$5.32K
0.21%
$0.05
0.02%
0.61% / -0.64%
None
100.00%
50,000
0.00
0.05%
0.17%
0
$21.55
4

QED Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

QED Top 5 Holdings Short

-0.97%

QED Performance Statistics

4.27%
4.66%
-3.11%
0.05
0.07
0.29
3.04

QED Correlations (Daily Returns 12 Mo)

0.89
-0.15
0.35

Correlation (Rolling 30 Day, 12 Mo)