Iq Hedge Multi Strategy Etf Profile
| QAI Etf | USD 30.40 0.04 0.13% |
Performance6 of 100
| Odds Of DistressLess than 9
|
IQ Hedge is trading at 30.40 as of the 19th of April 2024. This is a 0.13 percent increase since the beginning of the trading day. The etf's open price was 30.36. IQ Hedge has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for IQ Hedge Multi Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund is a fund of funds which means it invests, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. More on IQ Hedge Multi Strategy
Moving together with QAI Etf
| 0.89 | FLSP | Franklin Liberty Sys | PairCorr |
| 0.94 | DALT | Anfield Capital Dive | PairCorr |
| 0.85 | NRGU | MicroSectors Big Oil | PairCorr |
| 0.87 | DIG | ProShares Ultra Oil | PairCorr |
| 0.94 | USD | ProShares Ultra Semi | PairCorr |
| 0.9 | PXE | Invesco Dynamic Energy | PairCorr |
Moving against QAI Etf
| 0.71 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.58 | MCD | McDonalds Report 23rd of April 2024 | PairCorr |
QAI 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 Hedge's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IQ Hedge or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Absolute Returns ETFs, Global Macro ETFs, Multistrategy, IndexIQ (View all Sectors) |
| Issuer | IndexIQ |
| Inception Date | 2009-03-24 |
| Benchmark | IQ Hedge Multi-Strategy Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 564.64 Million |
| Average Trading Valume | 134,062.4 |
| Asset Type | Multi Asset |
| Category | Absolute Returns |
| Focus | Global Macro |
| 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 | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 328 |
| Market Maker | Virtu Financial |
| Total Expense | 1.01 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 0.86 |
| Name | IQ Hedge Multi-Strategy Tracker ETF |
| Currency Code | USD |
| Open Figi | BBG000HFDKL5 |
| In Threey Volatility | 6.5 |
| 1y Volatility | 5.09 |
| 200 Day M A | 30.2851 |
| 50 Day M A | 30.544 |
| Code | QAI |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
IQ Hedge Multi Strategy [QAI] is traded in USA and was established 2009-03-25. The fund is classified under Multistrategy category within IndexIQ family. The entity is thematically classified as Absolute Returns ETFs. IQ Hedge Multi at this time have 635.2 M in assets. , while the total return for the last 3 years was 0.2%.
Check IQ Hedge Probability Of Bankruptcy
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 QAI Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding QAI 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 Hedge Multi Strategy 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.
Top IQ Hedge Multi Strategy Etf Constituents
| ULTR | IQ Ultra Short | Etf | Ultrashort Bond |
| FLRN | SPDR Bloomberg Investment | Etf | Ultrashort Bond |
| BSV | Vanguard Short Term Bond | Etf | Short-Term Bond |
| VCSH | Vanguard Short Term Corporate | Etf | Short-Term Bond |
| CLTL | Invesco | Etf | Ultrashort Bond |
| VCIT | Vanguard Intermediate Term Corporate | Etf | Corporate Bond |
| ICVT | iShares Convertible Bond | Etf | Convertibles |
IQ Hedge Target Price Odds Analysis
Coming from a normal probability distribution, the odds of IQ Hedge jumping above the current price in 90 days from now is about 51.25%. The IQ Hedge Multi Strategy probability density function shows the probability of IQ Hedge etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon IQ Hedge has a beta of 0.3368 indicating as returns on the market go up, IQ Hedge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IQ Hedge Multi Strategy will be expected to be much smaller as well. Additionally, iQ Hedge Multi Strategy 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 Hedge to move above the current price in 90 days from now is about 51.25 (This IQ Hedge Multi Strategy probability density function shows the probability of QAI Etf to fall within a particular range of prices over 90 days) .
IQ Hedge Top Holders
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
IQ Hedge Multi Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IQ Hedge market risk premium is the additional return an investor will receive from holding IQ Hedge 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 Hedge. 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 Hedge's alpha and beta are two of the key measurements used to evaluate IQ Hedge's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0436 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.15) |
IQ Hedge Against Markets
Picking the right benchmark for IQ Hedge 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 Hedge 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 Hedge is critical whether you are bullish or bearish towards IQ Hedge Multi Strategy at a given time. Please also check how IQ Hedge'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 Hedge 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?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
How to buy QAI Etf?
Before investing in IQ Hedge, 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 Hedge. To buy IQ Hedge etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IQ Hedge. 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 Hedge etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located IQ Hedge Multi Strategy 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 Hedge Multi Strategy 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 Hedge Multi Strategy, 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 QAI Etf please use our How to Invest in IQ Hedge guide.
Already Invested in IQ Hedge Multi Strategy?
The danger of trading IQ Hedge Multi Strategy 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 Hedge 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 Hedge. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IQ Hedge Multi 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 Hedge Multi offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IQ Hedge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iq Hedge Multi Strategy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Iq Hedge Multi Strategy Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in IQ Hedge Multi Strategy. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the IQ Hedge Multi information on this page should be used as a complementary analysis to other IQ Hedge's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of IQ Hedge Multi is measured differently than its book value, which is the value of QAI that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Hedge's value that differs from its market value or its book value, called intrinsic value, which is IQ Hedge'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 Hedge's market value can be influenced by many factors that don't directly affect IQ Hedge'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 Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Hedge'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.