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QAI
IQ Hedge Multi-Strategy Tracker ETF

Price: $30.91
Change: $0.07 (-0.0%)
Category: Long-Short
Last Updated:

Vitals

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $28.88
  • 52 Week Hi $31.41
  • AUM $839.7 M
  • Shares 27.1 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume 142,829
  • 3 Month Avg. Volume 109,865

Alternative ETFs in the Long-Short Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest CSM 0.45% $821.8 M 21,556 1.61%
Largest (AUM) CSM 0.45% $821.8 M 21,556 1.61%
Most Liquid (Volume) BTAL 2.11% $163.2 M 111,703 3.52%
Top YTD Performer CLIX 0.65% $31.3 M 5,754 6.30%

Top 10 Holdings

Concentration Analysis

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

Number of Holdings
68
Low: JPHF (1)
High: RALS (910)
Rank:
14 of 22
% Assets in Top 10
56.63%
Low: FLAG (11.30%)
High: CHEP (156.98%)
Rank:
9 of 22
% Assets in Top 15
67.61%
Low: FLAG (16.69%)
High: CHEP (158.46%)
Rank:
13 of 22
% Assets in Top 50
97.06%
Low: CSM (37.14%)
High: CHEP (168.18%)
Rank:
13 of 22
 
View Summary Analysis
 
68
Number of Holdings
56.63%
% Assets in Top 10
67.61%
% Assets in Top 15
97.06%
% Assets in Top 50
 
View Detailed Analysis
 

68
Number of Holdings
56.63%
% Assets in Top 10
67.61%
% Assets in Top 15
97.06%
% Assets in Top 50
 
View Detailed Analysis
 
Number of Holdings
68
Rank
14 of 22
Low
JPHF (1)
High
RALS (910)
% Assets in Top 10
56.63%
Rank
9 of 22
Low
FLAG (11.30%)
High
CHEP (156.98%)
% Assets in Top 15
67.61%
Rank
13 of 22
Low
FLAG (16.69%)
High
CHEP (158.46%)
% Assets in Top 50
97.06%
Rank
13 of 22
Low
CSM (37.14%)
High
CHEP (168.18%)

 
View Summary Analysis
 

Sector Breakdown

QAI Valuation

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

P/E Ratio
14.88
Low: CHEP (12.64)
High: CLIX (26.97)
Rank:
7 of 19
P/E Ratio
14.88
Rank
7 of 19
Low
CHEP (12.64)
High
CLIX (26.97)

QAI Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
$0.59
Dividend Date
2019-12-30
Annual Dividend Rate
$0.59

$0.59
Dividend
2019-12-30
Dividend Date
$0.59
Annual Dividend Rate
Annual Dividend Yield
1.90%
Low: FLSP (0.02%)
High: HSPX (5.72%)
Rank:
8 of 18
Annual Dividend Yield
1.90%
Rank
8 of 18
Low
FLSP (0.02%)
High
HSPX (5.72%)

QAI Fund Flows

This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.

Realtime Rating

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 Long-Short 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.

Sign Up for Pro to Unlock Data Sign Up
Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A+ n/a
Expenses A- n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

Analyst Report

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 correlations to stock and bond ETFs. Investors should be aware, however, that QAI isn't likely to deliver huge gains that some might expect of hedge funds; it is primarily designed to smooth overall portfolio volatility and function as a non-correlated asset. QAI might make sense in small doses within a stock-and-bond portfolio, and can be a powerful tool for accessing investment strategies that would otherwise be out of reach or prohibitively expensive.

QAI Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.544%
ETF Wtd. Average
0.19%
Category Average
1.04%
ESG Themes and Scores

QAI does not have an ESG score. There are no ESG themes that map to this ETF.

QAI Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

1 Week Return
-0.45%
Low: FLAG (-2.55%)
High: MOM (2.58%)
Rank:
11 of 22
4 Week Return
0.18%
Low: CHEP (-3.94%)
High: MOM (6.04%)
Rank:
16 of 22
13 Week Return
2.56%
Low: RALS (-2.00%)
High: PLCY (9.99%)
Rank:
12 of 20
26 Week Return
3.33%
Low: CLIX (-5.14%)
High: PLCY (9.93%)
Rank:
10 of 21
Year to Date Return
0.36%
Low: CHEP (-4.15%)
High: CLIX (6.30%)
Rank:
16 of 22
1 Year Return
6.84%
Low: CHEP (-6.44%)
High: CSM (23.10%)
Rank:
11 of 21
3 Year Return
11.68%
Low: CHEP (-23.20%)
High: CSM (47.20%)
Rank:
7 of 17
5 Year Return
8.92%
Low: CHEP (-19.40%)
High: CSM (68.94%)
Rank:
8 of 13
 
View Summary Analysis
 
-0.45%
1 Week Return
0.18%
4 Week Return
2.56%
13 Week Return
3.33%
26 Week Return
0.36%
Year to Date Return
6.84%
1 Year Return
11.68%
3 Year Return
8.92%
5 Year Return
 
View Detailed Analysis
 

-0.45%
1 Week Return
0.18%
4 Week Return
2.56%
13 Week Return
3.33%
26 Week Return
0.36%
Year to Date Return
6.84%
1 Year Return
11.68%
3 Year Return
8.92%
5 Year Return
 
View Detailed Analysis
 
1 Week Return
-0.45%
Rank
11 of 22
Low
FLAG (-2.55%)
High
MOM (2.58%)
4 Week Return
0.18%
Rank
16 of 22
Low
CHEP (-3.94%)
High
MOM (6.04%)
13 Week Return
2.56%
Rank
12 of 20
Low
RALS (-2.00%)
High
PLCY (9.99%)
26 Week Return
3.33%
Rank
10 of 21
Low
CLIX (-5.14%)
High
PLCY (9.93%)
Year to Date Return
0.36%
Rank
16 of 22
Low
CHEP (-4.15%)
High
CLIX (6.30%)
1 Year Return
6.84%
Rank
11 of 21
Low
CHEP (-6.44%)
High
CSM (23.10%)
3 Year Return
11.68%
Rank
7 of 17
Low
CHEP (-23.20%)
High
CSM (47.20%)
5 Year Return
8.92%
Rank
8 of 13
Low
CHEP (-19.40%)
High
CSM (68.94%)

 
View Summary Analysis
 

QAI Charts

QAI Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

Technicals

  • 20 Day MA $30.92
  • 60 Day MA $30.56
  • MACD 15 Period -0.04
  • MACD 100 Period 0.60
  • Williams % Range 10 Day 85.50
  • Williams % Range 20 Day 75.90
  • RSI 10 Day 51
  • RSI 20 Day 59
  • RSI 30 Day 61
  • Ultimate Oscillator 39

Bollinger Brands

  • Lower Bollinger (10 Day) $30.91
  • Upper Bollinger (10 Day) $31.07
  • Lower Bollinger (20 Day) $30.80
  • Upper Bollinger (20 Day) $31.08
  • Lower Bollinger (30 Day) $30.55
  • Upper Bollinger (30 Day) $31.15

Support & Resistance

  • Support Level 1 $30.86
  • Support Level 2 $30.80
  • Resistance Level 1 $30.99
  • Resistance Level 2 $31.06

Stochastic

  • Stochastic Oscillator %D (1 Day) 36.21
  • Stochastic Oscillator %D (5 Day) 31.62
  • Stochastic Oscillator %K (1 Day) 36.56
  • Stochastic Oscillator %K (5 Day) 45.19

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.

Download the fact sheet PDF

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