ETF Quote Details
|NAV (month end)||25.20|
|Premium (+)/Discount (-) (month end)||-0.30|
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:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.34 (1.36%)|
This index typically invests in both long and short positions in asset classes while minimizing exposure to systematic risk. These strategies seek to have a zero beta exposure to one or more systematic risk factors including the overall market as represented by the S&P 500 Index, economic sectors or industries, market cap, region and country.
The IQ Hedge Market Neutral Tracker ETF seeks to track, before fees and expenses, the performance of the IQ Hedge Market Neutral Index.