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IQ Hedge Multi-Strategy Tracker ETF

Ticker: QAI ISIN: US45409B1070
Add to portfolio Portfolio analysis in 2min
ETF Concentrated top holdings
Morningstar
★★
TER
0.78%
Fund size
$667.47M
Holdings
51
Top 10
62.3%
Issuer
New York Life
Yield to maturity
4.21%
Duration
1.9y
Avg. maturity
3.6y
$36.56 0.36%
Price as of 2026-08-25 · NYSE ARCA

Performance by timeframe

Rolling returns
1 Month +1.42%
6 Months +4.46%
1 Year +12.26%
5 Years +4.64% p.a.+25.42%
10 Years +3.84% p.a.+45.78%
Since inception +3.55% p.a.+83.75%
Calendar year returns
YTD +9.11%
2025 +8.29%
2024 +6.67%
2023 +10.07%
2022 -8.68%
2021 -0.16%

Key stats

AUM
667.47M
Expense ratio
0.78%
Holdings
51
1Y return
12.26%
Volatility (1Y)
6.93%
52-week range
29.14 - 32.08
Section 1

Fund overview

Fund profile data from fundamentals.

The fund is a fund of funds which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components (underlying index Components) selected in accordance with its rules-based methodology of such underlying index.

Category Multistrategy
Issuer New York Life
Domicile USA
Section 2

Exposure breakdown

Exposure breakdown shows how the fund is allocated across assets, sectors, regions, and size buckets.

Asset allocation

Bond
43.58%
Stock non-US
13.80%
Stock US
13.70%
NotClassified
13.53%
Cash
12.66%
Other
2.73%

Sectors

Financial Services
23.60%
Technology
17.62%
Industrials
11.37%
Consumer Cyclicals
10.70%
Basic Materials
7.58%
Healthcare
7.46%
Consumer Defensive
5.75%
Communication Services
4.92%

Regions

North America
59.32%
Asia Emerging
12.98%
Europe Developed
10.09%
Japan
5.21%
Asia Developed
4.42%
United Kingdom
3.66%
Africa/Middle East
1.60%
Australasia
1.45%

Market cap mix

Mega
8.77%
Big
8.53%
Medium
7.79%
Small
5.72%
Micro
2.71%

Fixed income

Price
99.72%
YieldToMaturity
4.21%
Coupon
3.75%
EffectiveMaturity
3.60%
EffectiveDuration
1.86%
ModifiedDuration
1.82%
Section 3

Top holdings

Concentrated top holdings

Top holdings show which underlying securities drive the fund most.

iShares Floating Rate Bond ETF
16.91%
Invesco DB US Dollar Index Bullish Fund
7.74%
SPDR® Bloomberg Convertible Securities ETF
7.33%
SPDR® Bloomberg Investment Grade Floating Rate ETF
5.80%
Vanguard Malvern Funds - Vanguard Short-Term Inflation-Protected Securities ETF
5.78%
iShares Convertible Bond ETF
4.16%
IQ Merger Arbitrage ETF
4.14%
iShares 0-5 Year TIPS Bond ETF
3.85%
Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF
3.50%
iShares Trust - iShares Core MSCI EAFE ETF
3.06%
Section 4

Performance & risk

Historical return and risk indicators over fixed windows.

Returns

YTD return 76.00%
1M return 1.42%
6M return 4.46%
1Y return 12.26%
3Y return 2.67%
5Y return 25.42%
10Y return 2.26%

Risk

Volatility (1Y) 6.93%
Volatility (3Y) 6.63%
Sharpe ratio (3Y) -0.23
Beta 0.38
52-week range 29.14 - 32.08
Section 5

Portfolio characteristics

Fund concentration and composition metrics from source fields.

Overview

Holdings count 51
Top 10 weight 62.29%
Expense ratio 0.78%
Fund size 667.47M
Turnover 0.00%
Avg. market cap 26.86K

Details

Instrument metadata and source update timestamps.

Symbol QAI
Name IQ Hedge Multi-Strategy Tracker ETF
Asset type ETF
Exchange NYSE ARCA
Currency USD
ISIN US45409B1070
Country USA
Code + exchange QAI.NYSE ARCA
Fundamentals updated 2025-01-08

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