QED

IQ Hedge Event-Driven Tracker ETF
D

62
*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
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QED -1.10% 0.80% 8.41% 3.39% 3.93% -- --
QED (NAV) -1.08% 0.73% 8.44% 3.76% 4.40% -- --
IQ Hedge Event-Driven Index -1.04% 0.87% 8.83% 4.24% 4.96% -- --
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
1.11%
$4.24M
$38.85K
0.16%

QED Portfolio Data

Long/Short Broad-based
4.09%
12/30/19
17

QED Index Data

Multi-Factor
Multi-Factor
N/A

QED Portfolio Management

1.11%
-0.41%
-0.30%
-0.49%

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 08/16/19
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

1,397
$38.85K
154
$6.35K
0.16%
$0.03
0.02%
0.61% / -0.64%
None
100.00%
50,000
0.00
0.05%
0.17%
--
$21.21
4

QED Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

QED Top 5 Holdings Short

-1.00%

QED Performance Statistics

3.76%
4.66%
-3.11%
0.05
0.07
0.36
3.35

QED Correlations (DAILY RETURNS 12 MO)

0.89
-0.10
0.35

Correlation (Rolling 30 Day, 12 Mo)