IQ Ultra Short Duration ETF

Price: $47.78
Change: $0.07 (0.0%)
Category: Total Bond Market
Last Updated:


Issuer New York Life
Brand IndexIQ
Structure ETF
Expense Ratio 0.25%
ETF Home Page Home page
Inception Jul 31, 2019
Index Tracked ACTIVE - No Index

Analyst Report


Download the FactSet Analyst Insight Report here.

ETF Database Themes

Asset Class Bond
Region (General) Developed Markets
Region (Specific) Broad
Bond Type(s) Total Bond Market
Bond Duration Ultra Short-Term

FactSet Classifications

Segment Fixed Income: Global - Broad Market, Broad-based Investment Grade Ultra-Short Term
Category Broad Market, Broad-based
Focus Investment Grade
Niche Ultra-Short Term
Strategy Active
Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $47.32
  • 52 Week Hi $49.63
  • AUM $138.4 M
  • Shares 2.9 M

Historical Trading Data

  • 1 Month Avg. Volume 21,183
  • 3 Month Avg. Volume 26,538

Alternative ETFs in the ETF Database Total Bond Market Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BKAG 0.00% $304.5 M 45,635 -8.91%
Largest (AUM) AGG 0.03% $82.3 B 11 M -8.62%
Most Liquid (Volume) AGG 0.03% $82.3 B 11 M -8.62%
Top YTD Performer OPER 0.20% $200.3 M 18,048 0.15%

Alternative ETFs in the FactSet Fixed Income: Global - Broad Market, Broad-based Investment Grade Ultra-Short Term Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLUD 0.15% $2.4 M 948 -1.05%
Largest (AUM) GSY 0.22% $2.4 B 488,319 -0.94%
Most Liquid (Volume) GSY 0.22% $2.4 B 488,319 -0.94%
Top YTD Performer GSY 0.22% $2.4 B 488,319 -0.94%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

ULTR ETF Database Category Average FactSet Segment Average
Number of Holdings 88 1270 84
% of Assets in Top 10 45.41% 36.48% 43.20%
% of Assets in Top 15 51.83% 41.30% 53.39%
% of Assets in Top 50 81.55% 59.44% 87.82%

Size Comparison

ULTR ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 0.00% N/A
Mid (>2.7B) N/A 0.03% N/A
Small (>600M) N/A 0.47% N/A
Micro (<600M) N/A 0.34% N/A

ULTR Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

ULTR Dividend

This section compares the dividend yield of this ETF to its peers.

ULTR ETF Database Category Average FactSet Segment Average
Dividend $ 0.04 $ 0.06 $ 0.02
Dividend Date 2021-11-01 N/A N/A
Annual Dividend Rate $ 0.73 $ 0.83 $ 0.45
Annual Dividend Yield 1.49% 1.74% 1.13%

ULTR Price and Volume Charts

View charts featuring ULTR price and volume data.

ULTR Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 14.37 M 3 Month Net Flows: 14.31 M 6 Month Net Flows: -34.77 M 1 Year Net Flows: -111.36 M 3 Year Net Flows: 117 M 5 Year Net Flows: 117 M 10 Year Net Flows: 117 M

ULTR Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for ULTR 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 ETF Database Pro members, shows the ETF in the Total Bond Market 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a n/a
Expenses n/a n/a

A+ Overall Rated ETF:

ULTR Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

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

ULTR Performance

This section shows how this ETF has performed relative to its peers.

ULTR ETF Database
Category Average
Factset Segment
1 Month Return -0.51% -0.28% -0.04%
3 Month Return -0.92% -4.37% -0.62%
YTD Return -1.14% -7.46% -1.03%
1 Year Return -2.82% -5.44% -1.38%
3 Year Return N/A 0.91% 1.13%
5 Year Return N/A 2.75% 1.25%

Geographic Exposure

The following charts reflect the geographic spread of ULTR's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of ULTR's underlying holdings.

Asset Percentage
Corporate 37.23%
Sovereign 29.7%
Asset Backed Security 22.24%
CASH 7.67%
Other 3.17%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Corporate 37.23%
Sovereign 29.7%
Asset Backed Security 22.24%
CASH 7.67%
Other 3.17%

ULTR Technicals

Volatility Analysis

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

5 Day Volatility 17.28%
20 Day Volatility 3.29%
50 Day Volatility 3.12%
200 Day Volatility 2.67%
Beta 0.11
Standard Deviation 0.53%
5 Day Volatility
39 of 118

20 Day Volatility
90 of 118

50 Day Volatility
92 of 116

200 Day Volatility
93 of 114

22 of 102

Standard Deviation
74 of 95


  • 20 Day MA $47.85
  • 60 Day MA $47.93
  • MACD 15 Period -0.03
  • MACD 100 Period -0.30
  • Williams % Range 10 Day 51.32
  • Williams % Range 20 Day 75.66
  • RSI 10 Day 47
  • RSI 20 Day 46
  • RSI 30 Day 46
  • Ultimate Oscillator 49

Bollinger Bands

  • Lower Bollinger (10 Day) $47.57
  • Upper Bollinger (10 Day) $47.95
  • Lower Bollinger (20 Day) $47.61
  • Upper Bollinger (20 Day) $48.09
  • Lower Bollinger (30 Day) $47.64
  • Upper Bollinger (30 Day) $48.19

Support & Resistance

  • Support Level 1 $47.78
  • Support Level 2 $47.76
  • Resistance Level 1 $47.79
  • Resistance Level 2 $47.79


  • Stochastic Oscillator %D (1 Day) 55.74
  • Stochastic Oscillator %D (5 Day) 71.72
  • Stochastic Oscillator %K (1 Day) 45.59
  • Stochastic Oscillator %K (5 Day) 53.90


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) -0.01
  • Maximum Premium Discount (%) 0.65
  • Average Spread (%) 5.39
  • Average Spread ($) 5.39

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

A fact sheet is not available for this ETF. Please visit the ULTR ETF home page for more information.

Data Lineage

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ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.


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