QAI - IQ Hedge Multi-Strategy Tracker ETF

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

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QAI - Profile


Summary Data for QAI

52 Week Lo: $28.38 52 Week Hi: $30.33
AUM: $900.7 M Shares: 30.5 M
Avg. Volume (1 month) 196,822 Avg. Volume (3 month) 173,494
Filings Data as of:

QAI - Holdings

Top Ten Holdings

  1. Payb Spdr Barclays Convertible Securities Etf Swap: 21.50%
  2. Vanguard Total Bond Market ETF: 15.83%
  3. Vanguard Short-Term Bond ETF: 13.87%
  4. iShares Core US Aggregate Bond: 8.47%
  5. PowerShares Senior Loan ETF: 7.86%
  6. iShares Russell 2000 Growth: 5.72%
  7. iShares Russell 1000 Growth: 4.65%
  8. Vanguard FTSE Europe ETF: 4.60%
  9. iShares 1-3 Year Treasury Bond: 4.42%
  10. Payb Ishares Barlcays 1-3 Year Treasury Bond Swap: 4.08%
%Assets in Top 10: 91.00%
Total Holdings: 77.0

QAI Asset Allocation


Asset Percentage
U.S. Stocks 28.83%
International Stocks 12.49%
U.S. Bonds 36.71%
International Bonds 13.16%
Preferred Stock 0.18%
Convertibles 0.0%
Cash 28.7%
Other -20.08%
© 2014 Morningstar Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

QAI - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

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QAI - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of QAI relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

QAI - Fundamentals

QAI Performance

1 Week Return: 0.78%
2 Week Return: 3.02%
4 Week Return: 0.58%
13 Week Return: 0.14%
26 Week Return: 1.06%
YTD Return: 2.31%
1 Year Return: 3.49%
3 Year Return: 10.26%
5 Year Return: 15.38%

QAI Expenses & Fees

  • Expense Ratio: 0.75%
  • Category: Hedge Fund
  • Category Range: 0.45% to 1.64%
  • Category Average: 0.79%

QAI Valuation

P/E Ratio: 15.99
Beta: 0.47
20 Day Moving Average: $29.29
60 Day Moving Average: $29.68

QAI Dividend

Annual Dividend Rate: $0.37
Dividend Date: 2013-12-27
Dividend: $0.37
Annual Dividend Yield %: 1.24%

QAI Volatility

5 Day Volatility: 22.77%
20 Day Volatility: 8.57%
50 Day Volatility: 6.41%
200 Day Volatility: 5.58%
Standard Deviation: 0.48%

QAI - Technicals

QAI Technicals

20 Day MA: $29.29
60 Day MA: $29.68
MACD 15 Period: 0.41
MACD 100 Period: -0.12
Williams % Range 10 Day: 48.59
Williams % Range 20 Day: 38.33
RSI 10 Day: 61
RSI 20 Day: 53
RSI 30 Day: 51
Ultimate Oscillator: 45

QAI Bollinger Bands

Lower Bollinger (10 Day): $28.96
Upper Bollinger (10 Day): $29.86
Lower Bollinger (20 Day): $28.70
Upper Bollinger (20 Day): $29.89
Lower Bollinger (30 Day): $28.78
Upper Bollinger (30 Day): $30.11

QAI Support & Resistance

Support Level 1: n/a
Support Level 2: $29.44
Resistance Level 1: n/a
Resistance Level 2: $29.76

QAI Stochastic

Stochastic Oscillator %D (1 Day): 69.00
Stochastic Oscillator %D (5 Day): 54.04
Stochastic Oscillator %K (1 Day): 68.21
Stochastic Oscillator %K (5 Day): 69.67

QAI Volatility

5 Day Volatility: 22.77%
20 Day Volatility: 8.57%
50 Day Volatility: 6.41%
200 Day Volatility: 5.58%
Standard Deviation: 0.48%

QAI - ETFdb Realtime Rating & Analyst Report

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

ETFdb Category Expense Ratio Inception Date Issuer Structure YTD Return *
Hedge Fund 0.75 2009-03-25 IndexIQ ETF +2.31%

QAI Realtime Rating: By Metric

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A+
Expenses B+
Performance ETFdb Pro Members Only
Volatility ETFdb Pro Members Only
Dividend ETFdb Pro Members Only
Concentration ETFdb Pro Members Only

The first adjacent table gives investors an individual Realtime Rating for QAI on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Hedge Fund ETFdb Category with the highest Metric Realtime Rating for each individual field.

QAI Realtime Rating: Overall

ETFdb Rating Type Overall Rating A+ Overall Rated ETF
Realtime Rating (Overall) ETFdb Pro Members Only ETFdb Pro Members Only

The second table shows the overall Realtime Rating for QAI, as well as the A+ Overall Rated ETF in QAI's Category. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

ETFdb Analyst Report for QAI

This hedge fund replication ETF seeks to deliver returns reflective of a variety of techniques that have historically been implemented by hedge funds and other sophisticated investors. QAI relies on a quant-based methodology to deliver absolute returns, and has the potential to exhibit low correl...

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