SDAG

IQ Short Duration Enhanced Core Bond U.S. ETF
*Unless otherwise stated, data provided by FactSet.

SDAG Fund Description

SDAG tracks an index of short-term fixed income ETPs representing four sectors: Treasurys, investment-grade corporates, high-yield, and floating-rate debt. Sectors are weighted by momentum.

SDAG Factset Analytics Insight

SDAG reweights the US short-term bond market for increased exposure to sectors with strong recent performance. Of all eligible ETPs within each sector, the index committee selects one (generally the oldest or largest) as the “primary component”. Then, sector weights are determined by the ratio of 45-day total return to 90-day total return for each primary component. The high-yield and floating-rate sectors are capped at 25% each. Within each sector, the fund holds all eligible ETPs that meet size and liquidity requirements and are “substantially similar” to the primary component. These funds are weighted by AUM. While the index committee seems to wield a great deal of discretion when it comes to fund selection, their choices have been quite reasonable: plain-vanilla ETFs that are large, liquid, and inexpensive. Keep in mind that our reported expense ratio includes fees for SDAG’s underlying funds, while SDAG’s index is calculated net of fees. That could make SDAG appear to lag its index by less than the expense ratio would imply.

SDAG MSCI ESG Analytics Insight

IQ Short Duration Enhanced Core Bond U.S. ETF has an MSCI ESG Fund Rating of undefined based on a score of 4.90 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 Short Duration Enhanced Core Bond U.S. ETF ranks in the 28th percentile within its peer group and in the 20th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SDAG Charts And Performance

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PERFORMANCE [as of 11/08/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SDAG -0.29% 0.54% 4.44% -- -- -- --
SDAG (NAV) -0.37% 0.51% 4.36% -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SDAG Summary Data

IndexIQ
12/18/18
Open-Ended Fund
0.29%
$5.12M
$177.29K
0.07%

SDAG Portfolio Data

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11/07/19
3

SDAG Index Data

IQ Short Duration Enhanced Core Bond U.S. Index
Momentum
Fixed
N/A

SDAG Portfolio Management

0.29%
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SDAG Tax Exposures

20.00% / 39.60%
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Ordinary income
No

SDAG Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SDAG Factset Analytics Block Liquidity

As of 11/11/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SDAG. SDAG is rated a 2 out of 5.

SDAG Tradability

5,999
$177.29K
100
$2.59K
0.07%
$0.02
-0.01%
0.10% / -0.05%
None
100.00%
50,000
0.00
0.04%
1.01%
0
$25.60
2

SDAG Top 10 Holdings

0.47%
100%

SDAG Performance Statistics

0.72
0.78
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SDAG MSCI ESG Ratings

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4.90 / 10
19.76
28.06
7.88%
5.48%
310.47

SDAG Holdings Statistics

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3
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SDAG Avg Life Maturity Distribution

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SDAG OAS Breakdown

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