QED

IQ Hedge Event-Driven Tracker ETF
*Unless otherwise stated, data provided by FactSet.

QED Fund Description

QED is a fund-of-funds that follows an index that seeks to replicate the returns of hedge funds pursuing event-driven strategies.

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. These event-driven strategies include 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.

QED MSCI ESG Analytics Insight

IQ Hedge Event-Driven Tracker ETF has an MSCI ESG Fund Rating of A based on a score of 6.27 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 Event-Driven Tracker ETF ranks in the 49th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 10/20/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QED -0.07% 1.74% 2.33% 8.79% 7.98% 6.24% --
QED (NAV) 0.60% 1.20% 2.52% 8.86% 8.14% 6.70% --
IQ Hedge Event-Driven Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QED Summary Data

New York Life
IndexIQ
03/24/15
Open-Ended Fund
0.70%
$19.16M
$266.58K
0.10%
QMN, QLS

QED Portfolio Data

Long/Short Broad-based
4.38%
N/A
--

QED Index Data

Multi-Factor
Multi-Factor
N/A

QED Portfolio Management

0.70%
-0.35%
-0.28%
-0.52%

QED Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

QED Fund Structure

Open-Ended Fund
Yes
Yes
-- / --
N/A
N/A
High
Daily

QED Factset Analytics Block Liquidity

As of 10/21/21
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

11,214
$266.58K
7,770
$185.43K
0.10%
$0.02
0.00%
0.47% / -0.24%
None
100.00%
50,000
0.16
0.04%
0.19%
0
$23.99
4

QED Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

QED Top 5 Holdings Short

--

QED Performance Statistics

8.86%
4.99%
-1.47%
0.09
0.12
-0.50
1.37

QED Correlations (Daily Returns 12 Mo)

0.77
0.26
0.23

QED MSCI ESG Ratings

6.27 / 10
--
49.14
4.90%
--
197.56