Iq Healthy Hearts Etf Profile
| HART Etf | USD 28.81 0.12 0.42% |
Performance0 of 100
| Odds Of DistressOver 64
|
IQ Healthy is selling for under 28.81 as of the 23rd of April 2024; that is 0.42 percent increase since the beginning of the trading day. The etf's last reported lowest price was 28.81. IQ Healthy has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for IQ Healthy Hearts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund employs a passive management - or indexing - investment approach designed to track the performance of the index, which was developed by IndexIQ LLC with Candriam acting as index consultant to IndexIQ. IQ Healthy is traded on NYSEARCA Exchange in the United States. The company has 14.1 M outstanding shares of which 1.25 M shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. More on IQ Healthy Hearts
Moving together with HART Etf
| 0.96 | XLV | Health Care Select | PairCorr |
| 0.92 | VHT | Vanguard Health Care | PairCorr |
| 0.66 | IBB | iShares Biotechnology ETF | PairCorr |
| 0.78 | XBI | SPDR SP Biotech | PairCorr |
| 0.9 | IHI | iShares Medical Devices | PairCorr |
| 0.97 | IXJ | iShares Global Healthcare | PairCorr |
| 0.96 | IYH | iShares Healthcare ETF | PairCorr |
HART Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IQ Healthy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IQ Healthy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Torben RosenkrantzTheil |
| Thematic Ideas | (View all Themes) |
| Old Name | Brødrene Hartmann A/S |
| Business Concentration | NASDAQ Composite Total, Theme ETFs, Strategy ETFs, Health, IndexIQ (View all Sectors) |
| Issuer | IndexIQ |
| Inception Date | 2021-01-14 |
| Benchmark | IQ Candriam Healthy Hearts Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 8.64 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | IndexIQ Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Greg Barrato, James Harrison |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 85.0 |
| Market Maker | Citadel |
| Total Expense | 0.46 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 0.08 |
| Name | IQ Healthy Hearts ETF |
| Currency Code | USD |
| In Threey Volatility | 14.21 |
| 1y Volatility | 11.74 |
| 200 Day M A | 28.4364 |
| 50 Day M A | 29.568 |
| Code | HART |
| Updated At | 21st of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.37 |
| Type | ETF |
IQ Healthy Hearts [HART] is traded in USA and was established 2021-01-14. The fund is listed under Health category and is part of IndexIQ family. The entity is thematically classified as Theme ETFs. IQ Healthy Hearts currently have 7.19 M in assets under management (AUM). , while the total return for the last 3 years was 4.2%.
IQ Healthy Hearts currently holds about 8.2 M in cash with (7.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61.
Check IQ Healthy Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on HART Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding HART Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as IQ Healthy Hearts Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
IQ Healthy Hearts Currency Exposure
IQ Healthy Hearts holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IQ Healthy will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in IQ Healthy Hearts.
Top IQ Healthy Hearts Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology |
| ABT | Abbott Laboratories | Stock | Health Care |
| BMY | Bristol Myers Squibb | Stock | Health Care |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| JNJ | Johnson Johnson | Stock | Health Care |
| LLY | Eli Lilly and | Stock | Health Care |
| MDT | Medtronic PLC | Stock | Health Care |
IQ Healthy Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of IQ Healthy jumping above the current price in 90 days from now is about 90.88%. The IQ Healthy Hearts probability density function shows the probability of IQ Healthy etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IQ Healthy has a beta of 0.7917. This usually indicates as returns on the market go up, IQ Healthy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IQ Healthy Hearts will be expected to be much smaller as well. Additionally, iQ Healthy Hearts has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IQ Healthy to move above the current price in 90 days from now is about 90.88 (This IQ Healthy Hearts probability density function shows the probability of HART Etf to fall within a particular range of prices over 90 days) .
IQ Healthy Top Holders
| HLF | Herbalife Nutrition | Stock | Consumer Staples |
| VGPMX | Vanguard Precious Metals | Mutual Fund | World Large-Stock Value |
| ITMC | Itoco Inc | Pink Sheet | Biotechnology |
| CHD | Church Dwight | Stock | Consumer Staples |
IQ Healthy Hearts Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IQ Healthy market risk premium is the additional return an investor will receive from holding IQ Healthy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IQ Healthy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IQ Healthy's alpha and beta are two of the key measurements used to evaluate IQ Healthy's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0064 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.11) |
IQ Healthy Against Markets
Picking the right benchmark for IQ Healthy etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IQ Healthy etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IQ Healthy is critical whether you are bullish or bearish towards IQ Healthy Hearts at a given time. Please also check how IQ Healthy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IQ Healthy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy HART Etf?
Before investing in IQ Healthy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IQ Healthy. To buy IQ Healthy etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IQ Healthy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IQ Healthy etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located IQ Healthy Hearts etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased IQ Healthy Hearts etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as IQ Healthy Hearts, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy HART Etf please use our How to Invest in IQ Healthy guide.
Already Invested in IQ Healthy Hearts?
The danger of trading IQ Healthy Hearts is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IQ Healthy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IQ Healthy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IQ Healthy Hearts is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether IQ Healthy Hearts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HART Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Iq Healthy Hearts Etf. Highlighted below are key reports to facilitate an investment decision about Iq Healthy Hearts Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQ Healthy Hearts. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of IQ Healthy Hearts is measured differently than its book value, which is the value of HART that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Healthy's value that differs from its market value or its book value, called intrinsic value, which is IQ Healthy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IQ Healthy's market value can be influenced by many factors that don't directly affect IQ Healthy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IQ Healthy's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Healthy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Healthy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.