QED

IQ Hedge Event-Driven Tracker ETF
*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 11/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QED 1.07% 1.45% 10.68% 6.71% 5.20% -- --
QED (NAV) 1.50% 1.10% 10.58% 6.24% 5.72% -- --
IQ Hedge Event-Driven Index 1.06% 1.44% 11.08% 7.24% 6.50% -- --
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%
$5.40M
$56.32K
0.19%

QED Portfolio Data

Long/Short Broad-based
4.00%
12/30/19
17

QED Index Data

Multi-Factor
Multi-Factor
N/A

QED Portfolio Management

0.78%
-0.44%
-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 -

QED Factset Analytics Block Liquidity

As of 11/12/19
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

1,932
$56.32K
128
$5.72K
0.19%
$0.04
0.02%
0.57% / -0.39%
None
100.00%
50,000
0.00
0.05%
0.17%
0
$21.63
4

QED Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

QED Top 5 Holdings Short

-1.02%

QED Performance Statistics

6.24%
4.66%
-3.11%
0.08
0.11
0.36
4.02

QED Correlations (Daily Returns 12 Mo)

0.88
-0.20
0.37