QAI IQ Hedge Multi-Strategy Tracker ETF

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  • QAI
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QAI - Profile

Vitals

Investment Themes

Alternative ETFs in the Hedge Fund Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

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.

Realtime Rating

QAI - Realtime Rating

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Realtime Rating Summary

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.

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

QAI Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A+ QAI
Expenses B+ CPI
Performance
Volatility
Dividend
Concentration

Knowledge Center

Sector ETFs

Alternative ETFs

Vanguard Center

Emerging Market ETFs

MLP Center

QAI In-Depth Analysis

The following tables and charts contain in-depth metrics for QAI and compare it to similar peer ETFs within its ETFdb Category.

Holdings

QAI - Holdings

Filings Data as of: Apr 05, 2015
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Top Ten Holdings

  1. Vanguard Total Bond Market ETF
    19.11%
  2. Recv Spdr Barclays Captl
    18.17%
  3. Recv Ishares Barclays Agg
    12.54%
  4. Recv Ishares Iboxx Invest
    11.04%
  5. Vanguard Short-Term Bond ETF
    9.00%
  6. PowerShares Senior Loan ETF
    8.66%
  7. iShares Russell 2000 Growth
    6.45%
  8. iShares Core US Aggregate Bond
    5.21%
  9. PowerShares DB G10 Currency Harvest ETF
    4.84%
  10. iShares 1-3 Year Treasury Bond
    4.41%

Concentration Analysis

This section compares how balanced and deep QAI is relative to the peer group ETFdb Category.

Number of Holdings
QAI Rank:
QAI 56
Category Low
Category High
% Assets in Top 10
QAI Rank:
QAI 99.44%
Category Low
Category High
Expense

QAI - Expenses & Fees

This section compares the cost efficiency of QAI to peers in the same ETFdb Category.

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Expenses Ratio Analysis

Expense Ratio
QAI Rank:
QAI 0.75%
Category Low
Category High

Commission Free Trading in QAI

QAI is currently available for commission free trading on the following platforms: (Charles Schwab)

Category Commission Free Trading

There are 6 other ETFs in the Hedge Fund ETFdb Category that are also eligible for commission free trading:

Performance

QAI - Performance

This section shows how QAI has performed relative to its peer group ETFdb Category.

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1 Week Return
QAI Rank:
QAI 0.43%
Category Low
Category High
4 Week Return
QAI Rank:
QAI 0.87%
Category Low
Category High
13 Week Return
QAI Rank:
QAI 1.96%
Category Low
Category High
26 Week Return
QAI Rank:
QAI 3.66%
Category Low
Category High
Year to Date Return
QAI Rank:
QAI 2.72%
Category Low
Category High
1 Year Return
QAI Rank:
QAI 4.65%
Category Low
Category High
3 Year Return
QAI Rank:
QAI 13.53%
Category Low
Category High
5 Year Return
QAI Rank:
QAI 17.94%
Category Low
Category High
Charts

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.

Valuation

QAI - Valuation

This section shows how the P/E multiple of QAI compares to the peer group ETFdb Category.

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P/E Ratio
QAI Rank:
QAI 19.88
Category Low
Category High

As of Apr 24, 2015

Dividend

QAI - Dividend

This section shows how the dividend yield of QAI compares to the peer group ETFdb Category.

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Annual Dividend Yield
QAI Rank:
QAI 1.31%
Category Low
Category High

As of Apr 24, 2015

Technicals

QAI - Technicals

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QAI Volatility Analysis

This section shows how the volatility of QAI compares to the peer group ETFdb Category.

5 Day Volatility
QAI Rank:
QAI 26.23%
Category Low
Category High
20 Day Volatility
QAI Rank:
QAI 3.42%
Category Low
Category High
50 Day Volatility
QAI Rank:
QAI 5.20%
Category Low
Category High
200 Day Volatility
QAI Rank:
QAI 7.27%
Category Low
Category High
Beta
QAI Rank:
QAI 0.46
Category Low
Category High
Standard Deviation
QAI Rank:
QAI 0.36%
Category Low
Category High

QAI Technicals

  • 20 Day MA: $30.08
  • 60 Day MA: $29.91
  • MACD 15 Period: 0.07
  • MACD 100 Period: 0.48
  • Williams % Range 10 Day: 38.71
  • Williams % Range 20 Day: 66.39
  • RSI 10 Day: 61
  • RSI 20 Day: 57
  • RSI 30 Day: 56
  • Ultimate Oscillator: 48

QAI Bollinger Bands

  • Lower Bollinger (10 Day): $30.04
  • Upper Bollinger (10 Day): $30.21
  • Lower Bollinger (20 Day): $29.91
  • Upper Bollinger (20 Day): $30.27
  • Lower Bollinger (30 Day): $29.79
  • Upper Bollinger (30 Day): $30.31

QAI Support & Resistance

  • Support Level 1: $30.10
  • Support Level 2: $30.02
  • Resistance Level 1: $30.29
  • Resistance Level 2: $30.40

QAI Stochastic

  • Stochastic Oscillator %D (1 Day): 52.92
  • Stochastic Oscillator %D (5 Day): 57.73
  • Stochastic Oscillator %K (1 Day): 51.57
  • Stochastic Oscillator %K (5 Day): 51.21
Fact Sheet

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.

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.