NYLI Hedge Multi-Strategy Tracker ETF (QAI)

Assets	$988.74M
Expense Ratio	0.88%
PE Ratio	n/a
Shares Out	27.35M
Dividend (ttm)	$0.50
Dividend Yield	1.40%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	Annual
Payout Ratio	n/a

Volume	21,757
Open	36.15
Previous Close	36.25
Day's Range	35.89 - 36.30
52-Week Low	31.54
52-Week High	36.30
Beta	0.34
Holdings	107
Inception Date	Mar 25, 2009

About QAI

Fund Home Page

The 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.

• Asset Class: Alternatives
• Category: Multistrategy
• Stock Exchange: NYSEARCA
• Ticker Symbol: QAI
• ETF Provider: New York Life Investments
• Index Tracked: IQ Hedge Multi-Strategy Index

Top 10 Holdings

70.57% of assets

Name	Symbol	Weight
iShares Floating Rate Bond ETF	FLOT	16.73%
Vanguard FTSE Developed Markets ETF	VEA	8.85%
Franklin Senior Loan ETF Franklin Liberty Senior Loan Fund	FLBL	8.84%
Vanguard Short-Term Treasury ETF	VGSH	8.00%
iShares Core S&P Small Cap ETF	IJR	5.63%
State Street SPDR Bloomberg Investment Grade Floating Rate ETF	FLRN	5.44%
iShares MSCI Emerging Markets ex China ETF	EMXC	4.60%
iShares MSCI USA Momentum Factor ETF	MTUM	4.56%
iShares Convertible Bond ETF	ICVT	4.03%
Vanguard Tax-Exempt Bond ETF	VTEB	3.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.5043	Jan 5, 2026
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

Performance

QAI had a total return of 16.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.54%.