AUM$6.2M
Expense Ratio0.70%
NAV$24.86
Holdings61
InceptionOct 3, 2012
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
N/AAvg Volume
—Dividend Yield
—Expense Ratio
0.70%AUM
$6.2MShares Outstanding
—Sector Breakdown
| Sector | Weight % |
|---|---|
| Healthcare | 17.79% |
| Financial Services | 14.04% |
| Consumer Defensive | 13.40% |
| Technology | 12.34% |
| Communication Services | 11.39% |
| Industrials | 9.81% |
| Utilities | 9.64% |
| Consumer Cyclical | 4.58% |
| Basic Materials | 4.32% |
| Energy | 1.83% |
| Real Estate | 0.88% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 100.09% |
| Other | -0.09% |
Fund Information
- Issuer
- NY Life Investments
- Category
- Healthcare
- Types
- Healthcare
- Inception Date
- Oct 3, 2012
- Description
- The fund is a "fund of funds" which means it invests, under normal circumstances, at least 80% 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. The underlying index consists of a number of components ("underlying index components") selected in accordance with IndexIQ's rules-based methodology of such underlying index.
Similar ETFs
The IQ Hedge Market Neutral Tracker ETF (QMN) is an exchange-traded fund issued by NY Life Investments that launched on Oct 3, 2012. It currently manages $6.2M in assets under management. The fund charges an expense ratio of 0.70%. The fund holds 61 securities in its portfolio. It falls under the Healthcare category.
Top 10 holdings represent 68.3% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | FLOT | ISHARES FLOATING RATE BON | 13.10% | 16,162 | $819K |
| 2 | SRLN | SPDR BLACKSTONE SENIOR LO | 9.99% | 14,844 | $624K |
| 3 | VGIT | VANGUARD INTERMEDIATE-TER | 7.37% | 7,722 | $461K |
| 4 | BKLN | INVESCO SENIOR LOAN ETF | 6.68% | 19,867 | $417K |
| 5 | IEI | ISHARES 3-7 YEAR TREASURY | 6.39% | 3,415 | $399K |
| 6 | VRP | INVESCO VARIABLE RATE PRE | 6.13% | 16,314 | $383K |
| 7 | ACWV | ISHARES MSCI GLOBAL MIN V | 5.93% | 3,844 | $371K |
| 8 | FLRN | SPDR BLOOMBERG INVESTMENT | 4.55% | 9,292 | $285K |
| 9 | SCHR | SCHWAB INTERMEDIATE-TERM | 4.11% | 5,118 | $257K |
| 10 | SHYG | ISHARES 0-5 YR HY CORP BO | 4.03% | 6,023 | $252K |
| 11 | TIP | ISHARES TIPS BOND ETF | 3.75% | 2,154 | $234K |
| 12 | CWB | SPDR BLOOMBERG CONVERTIBL | 3.44% | 3,166 | $215K |
| 13 | ULTR | IQ ULTRA SHORT DURATION E | 2.92% | 3,826 | $183K |
| 14 | UUP | INVESCO DB US DOLLAR INDE | 2.78% | 6,305 | $174K |
| 15 | SCHP | SCHWAB U.S. TIPS ETF | 2.22% | 2,628 | $139K |
Page 1 of 2
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | — | — | ||
| 1W | — | — | ||
| 1M | — | — | ||
| 3M | — | — | ||
| 6M | — | — | ||
| YTD | — | — | ||
| 1Y | — | — | ||
| 3Y | — | — | ||
| 5Y | -8.86% | — |
Moving Averages
20-Day MA
—
50-Day MA
—
200-Day MA
—
Price with Moving Averages
Support & Resistance
52-Week High
—
Current Price
—
52-Week Low
—
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | QMN | Healthcare(223 ETFs) | Healthcare(24 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.70% | 0.60% | 0.48% |
| AUM | $6.2M | $1.24B | $639.0M |
| Dividend Yield | — | 2.75% | 1.76% |
| Avg Volume | — | 800.9K | 136.2K |
| Holdings | 61 | 171 | 138 |
| Performance | |||
| 1-Month Return | — | -4.57% | -3.79% |
| 6-Month Return | — | +4.90% | +6.79% |
| YTD Return | — | -1.70% | -2.22% |
| 1-Year Return | — | +15.18% | +14.25% |
Compare with Another ETF
Search for an ETF to compare with QMN: