| Assets | $702.94M |
| Expense Ratio | 0.91% |
| PE Ratio | n/a |
| Shares Out | 21.85M |
| Dividend (ttm) | $0.70 |
| Dividend Yield | 2.11% |
| Ex-Dividend Date | Dec 30, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 198,086 |
| Open | 32.87 |
| Previous Close | 32.84 |
| Day's Range | 32.87 - 33.13 |
| 52-Week Low | 29.57 |
| 52-Week High | 33.65 |
| Beta | 0.31 |
| Holdings | 120 |
| Inception Date | Mar 25, 2009 |
About QAI
Fund Home PageThe NYLI Hedge Multi-Strategy Tracker ETF (QAI) is an exchange-traded fund that is based on the IQ Hedge Multi-Strategy index. The fund tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs. QAI was launched on Mar 25, 2009 and is issued by New York Life Investments.
Top 10 Holdings
70.86% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Floating Rate Bond ETF | FLOT | 16.91% |
| Franklin Senior Loan ETF Franklin Liberty Senior Loan Fund | FLBL | 10.51% |
| Vanguard FTSE Developed Markets ETF | VEA | 7.58% |
| SPDR Bloomberg Investment Grade Floating Rate ETF | FLRN | 5.79% |
| Vanguard Short-Term Treasury ETF | VGSH | 5.71% |
| SPDR Bloomberg Convertible Securities ETF | CWB | 5.15% |
| Vanguard Tax-Exempt Bond ETF | VTEB | 5.05% |
| Invesco CurrencyShares Euro Trust | FXE | 4.78% |
| iShares Core S&P Small Cap ETF | IJR | 4.73% |
| iShares National Muni Bond ETF | MUB | 4.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.6988 | Jan 3, 2025 |
| Dec 28, 2023 | $1.2266 | Jan 5, 2024 |
| Dec 29, 2022 | $0.56821 | Jan 6, 2023 |
| Dec 29, 2021 | $0.08839 | Jan 6, 2022 |
| Dec 30, 2020 | $0.63306 | Jan 7, 2021 |
| Dec 30, 2019 | $0.58778 | Jan 6, 2020 |
Performance
QAI had a total return of 7.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.06%.
News
Commodities Extend Rally As World Stocks Retreat In July
U.S. stocks continued their momentum with a solid +2.30% return, while world stocks pulled back -1.12% after their strong June performance. The commodity surge pushed this asset class to +4.73% year-t...
QAI: A Good Alternative If Alternatives Ever Work Again
Alternatives have underperformed for over a decade, but the NYLI Hedge Multi-Strategy Tracker ETF offers hedge fund-like strategies with ETF transparency. QAI tracks the IQ Hedge Multi-Strategy Index,...
Liquid Alternative ETFs Are Ideally Suited For The Coronavirus Sell-Off (Podcast)
Liquid Alternative ETFs Are Ideally Suited For The Coronavirus Sell-Off (Podcast)
Tom Lydon Talks ETF Efficiency In Uncertain Times
Tom Lydon Talks ETF Efficiency In Uncertain Times