IQ Hedge Multi-Strategy Tracker ETF (QAI)

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Best Fit Flexible Portfolio Funds ETFs

U.S. News evaluated 20 Flexible Portfolio Funds ETFs and 1 makes our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.

How we identify Best Fit Funds

Best Fit Scorecard
Costs Typical
Tracking Error Good
Bid/Ask Ratio Excellent
Holdings Diversity Typical

Fund Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund invests normally at least 80% of its net assets (excluding collateral held from securities lending), 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.

Fund Snapshot Updated 07.21.2014

Previous Close $29.84 Expense Ratio 0.75%
YTD Return 3.07% Avg. 30-Day Volume 127,328
1-Year Return 6.8% Market Cap Loading...
Bid $29.83 Shares Outstanding 26,450,000
Ask $29.88 Dividends $0.37
Top 10 Holdings
Vanguard Total Bond Market Index Fund (BND) 17.90%
Vanguard Short-Term Bond Index Fund (BSV) 15.18%
Powershares Senior Loan Portfolio (BKLN) 8.15%
Ishares Core U.S. Aggregate Bond Etf (AGG) 7.97%
Ishares 1-3 Year Treasury Bond Etf (SHY) 6.55%
Ishares Russell 2000 Growth Etf (IWO) 5.43%
Ishares Russell 1000 Growth Etf (IWF) 5.02%
Vanguard Ftse Europe Etf (VGK) 4.90%
Vanguard Small-Cap Growth Index Fund (VBK) 3.60%
Ishares Msci Emu Etf (EZU) 3.16%
% of Total Holdings 77.90%

Sector Breakdown

Geographic Breakdown

Best Fit Flexible Portfolio Funds

See full rankings for Flexible Portfolio Funds