NYLI Hedge Multi-Strategy Tracker ETF (QAI)

NYSEARCA: QAI · Real-Time Price · USD
32.53
-0.01 (-0.03%)
At close: Aug 1, 2025, 4:00 PM
32.53
0.00 (0.00%)
After-hours: Aug 1, 2025, 8:00 PM EDT
-0.03%
Assets$691.13M
Expense Ratio0.91%
PE Ration/a
Shares Out21.85M
Dividend (ttm)$0.70
Dividend Yield2.16%
Ex-Dividend DateDec 30, 2024
Payout FrequencyAnnual
Payout Ration/a
Volume39,890
Open32.56
Previous Close32.54
Day's Range32.35 - 32.56
52-Week Low29.57
52-Week High33.09
Beta0.31
Holdings119
Inception DateMar 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

71.00% of assets
NameSymbolWeight
iShares Floating Rate Bond ETFFLOT16.98%
Franklin Senior Loan ETF Franklin Liberty Senior Loan FundFLBL10.62%
Vanguard FTSE Developed Markets ETFVEA7.35%
SPDR Bloomberg Investment Grade Floating Rate ETFFLRN5.82%
Vanguard Short-Term Treasury ETFVGSH5.73%
SPDR Bloomberg Convertible Securities ETFCWB5.18%
Vanguard Tax-Exempt Bond ETFVTEB5.05%
Invesco CurrencyShares Euro TrustFXE4.96%
iShares National Muni Bond ETFMUB4.66%
iShares Core S&P Small Cap ETFIJR4.64%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 30, 2024$0.6988Jan 3, 2025
Dec 28, 2023$1.2266Jan 5, 2024
Dec 29, 2022$0.56821Jan 6, 2023
Dec 29, 2021$0.08839Jan 6, 2022
Dec 30, 2020$0.63306Jan 7, 2021
Dec 30, 2019$0.58778Jan 6, 2020
Full Dividend History

Performance

QAI had a total return of 5.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.96%.

News

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,...

1 year ago - Seeking Alpha

Asset Class Scoreboard: September 2022

Managed futures will try and make money without the help of commodities. That mantra was seemingly playing out in September and throughout the 3rd quarter.

Other symbols: ACWXBNDGSGIYRSPY
3 years ago - Seeking Alpha

Asset Class Scoreboard: March 2021

Commodities have been the biggest topic so far this year. Overall, commodities are still performing high with positive double-digit returns for the year.

Other symbols: ACWXBNDGSGIYRSPY
4 years ago - Seeking Alpha

Asset Class Scoreboard: July 2020

Hedge funds and U.S. stocks have finally entered the green for the year while world stocks, U.S. real estate, and commodities trail in the red.

Other symbols: ACWXBNDGSGIYRSPY
5 years ago - Seeking Alpha

Liquid Alternative ETFs Are Ideally Suited For The Coronavirus Sell-Off (Podcast Transcript)

Liquid alternatives offer investors a third leg of diversification, helping to stabilize portfolio performance by tamping down overall volatility.

Other symbols: BLKDXJHFXIMNASTT
5 years ago - Seeking Alpha

Liquid Alternative ETFs Are Ideally Suited For The Coronavirus Sell-Off (Podcast)

Liquid Alternative ETFs Are Ideally Suited For The Coronavirus Sell-Off (Podcast)

Other symbols: HFXIMNA
5 years ago - Seeking Alpha

Tom Lydon Talks ETF Efficiency In Uncertain Times

Tom Lydon Talks ETF Efficiency In Uncertain Times

Other symbols: MNA
5 years ago - Seeking Alpha