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IQ Hedge MultiStrategy Tracker ETF: (QAI)

(Delayed Data from NYSE) As of May 27, 2022 03:59 PM ET

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$29.74 USD

29.74
101,007

+0.19 (0.64%)

Volume: 101,007

Zacks ETF Rank

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

NA

ETF Quote Details

Previous Close 29.55
Open 29.60
Bid 26.83
Ask 32.66
Day Low-High 29.60-29.78
52wk Low-High 28.84-32.43
Volume 101,007
NAV (month end) 29.75
Premium (+)/Discount (-) (month end)-0.20

Zacks Premium Research for QAI

Zacks ETF Rank

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

NA
ETF Risk

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.

NA
ETF Research Report

ETF Expense Ratio

Expense Ratio 0.79%
Dividend (Yield) $0.09 (0.30%)
Issuer NEW YORK LIFE INVESTMENTS

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