Back to top

If you wish to go to ZacksFunds.com, click OK. If you do not, click Cancel.

IQ HEDGE MULTI-STRATEGY TRACKER ETF: (AMEX : QAI)

(U.S : AMEX) As of Jul 11, 2014 03:59 PM ET

 Add to portfolio

$29.91 USD

+0.07 (0.24%)

Volume: 115,035

Zacks ETF Rank: 0 - Not Rated [?]          

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 29.84
Open 29.87
Bid 29.69
Ask 30.58
Day Low-High 29.84-29.95
52wk Low-High 27.64-30.27
Volume 115,035
NAV (month end) 29.96
Premium (+)/Discount (-) (month end)-0.12

Zacks Premium Research for QAI

Zacks ETF Rank [?] Not rated 0
ETF Risk [?] NA
ETF Research Report

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 0.75%
Dividend (Yield) $0.37 (1.21%)
Issuer INDEXIQ

Benchmark for QAI

IQ HEDGE MULTI-STRATEGY INDEX

The IQ Hedge Multi-Strategy Index seeks to replicate the risk-adjusted return characteristics of the collective hedge funds using various hedge fund investment styles, including long/short equity, global macro, market neutral, event-driven, fixed income arbitrage and emerging markets.

Fund Summary for QAI

IQ HEDGE MULTI-STRATEGY TRACKER ETF

The Fund seeks to track, before fees and expenses, the performance of the IQ Hedge Multi-Strategy Index.