IQ Hedge Macro Tracker ETF (MCRO)
Description
The investment seeks to track the performance of the IQ Hedge Macro Index. The MCRO ETF contains 20 constituents. It is focused on holdings in the region.
Price $24.55 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.67% |
| Average spread | 0.122% |
| 1Y roundtrip cost | 0.792% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -1.3% | -0.5% | -0.5% | -3.2% | -0.7% | -2.8% | 0.9% | -0.8% | -3.7% | 0.2% | -12.3% | ||
| 2021 | 0.7% | 0.4% | -1.2% | 0.8% | 0.8% | 0.3% | -1.5% | 0.3% | -1.8% | 0.9% | -1.8% | 0.4% | -1.6% |
| 2020 | -1.3% | -1.6% | -6.0% | 4.2% | 2.8% | 1.8% | 2.4% | 2.0% | -1.3% | 0.4% | 3.3% | 2.1% | 8.9% |
| 2019 | 3.2% | 0.7% | 0.4% | 0.7% | -1.9% | 2.1% | -0.2% | -0.8% | 0.5% | 1.0% | 0.4% | 1.9% | 8.0% |
| 2018 | 1.8% | -2.0% | -0.9% | 0.5% | 0.6% | -1.5% | 0.8% | -0.5% | 0.2% | -2.7% | 0.8% | -2.1% | -4.9% |
| 2017 | 1.1% | 1.2% | 0.6% | 0.4% | 0.8% | 0.7% | 0.5% | 0.2% | 0.7% | 1.1% | 0.2% | 0.3% | 7.6% |
| 2016 | -1.2% | -0.0% | 2.9% | 0.3% | -1.1% | 0.9% | 0.8% | 0.6% | 0.5% | -1.5% | -1.0% | 0.0% | 1.1% |
| 2015 | -0.1% | -0.0% | -0.3% | 1.0% | -0.3% | -1.5% | -0.9% | -1.9% | -0.5% | 1.4% | 0.0% | -0.6% | -3.9% |
| 2014 | -1.2% | 1.7% | 0.5% | -0.2% | 0.9% | 0.8% | -1.0% | 0.7% | -2.5% | 0.5% | -0.2% | -1.2% | -1.1% |
| 2013 | -1.4% | -0.7% | -0.3% | 0.6% | -1.9% | -2.7% | 1.2% | -1.7% | 2.4% | 1.5% | -0.7% | -0.1% | -3.6% |
| 2012 | 4.0% | 1.6% | -1.7% | -0.1% | -2.1% | 1.3% | 1.9% | -0.5% | 1.2% | 0.8% | -0.9% | 0.6% | 6.1% |
| 2011 | -1.7% | -0.0% | 2.0% | 2.7% | -1.3% | -0.7% | 1.5% | -1.2% | -6.2% | 4.3% | -1.9% | -0.8% | -3.3% |
| 2.7% | 0.8% | -4.4% | 7.7% | -3.5% | -1.3% | 6.5% | -3.5% | -10.4% | 7.8% | -1.9% | 0.6% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.71 | 0.71 | |||||||||||
| 2019 | 0.36 | 0.36 | |||||||||||
| 2018 | 0.28 | 0.28 | |||||||||||
| 2015 | 0.27 | 0.27 | |||||||||||
| 2014 | 0.34 | 0.34 | |||||||||||
| 2013 | 0.16 | 0.16 | |||||||||||
| 2012 | 0.48 | 0.48 | |||||||||||
| 2011 | 0.27 | 0.27 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.87 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| IQ Ultra Short Duration ETF | 26.96% |
| SPDR Bloomberg Convertible Securities ETF | 6.87% |
| Vanguard FTSE Europe ETF | 5.77% |
| Vanguard Short-Term Corporate Bond ETF | 5.73% |
| iShares MSCI China ETF | 5.71% |
| iShares Floating Rate Bond ETF | 4.26% |
| Vanguard FTSE Emerging Markets ETF | 4.14% |
| VanEck J. P. Morgan EM Local Currency Bond ETF | 4.12% |
| iShares Core MSCI Emerging Markets ETF | 4.10% |
| iShares 3-7 Year Treasury Bond ETF | 3.23% |
| SPDR S&P Emerging Markets Small Cap ETF | 2.81% |
| Invesco DB US Dollar Index Bullish Fund | 2.76% |
| Vanguard Intermediate-Term Treasury ETF | 2.41% |
| iShares JP Morgan USD Emerging Markets Bond ETF | 2.40% |
| iShares Silver Trust | 2.38% |
| Top 15 Weights | 83.65% |
Compare with similar ETFs
| MCRO | HEEM | IMTM | IVES | QED | XSOE | |
|---|---|---|---|---|---|---|
| Product name | IQ Hedge Macro Tracker ETF | iShares Currency Hedged MSCI Emerging Markets ETF | iShares MSCI International Developed Momentum Factor ETF | ETFMG Drone Economy Strategy ETF | IQ Hedge Event-Driven Tracker ETF | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund |
| Issuer | IndexIQ | iShares | iShares | ETF Managers Group | IndexIQ | WisdomTree |
| Price | $24.55 | $22.99 | $27.4 | $27.8977 | $20.315 | $24.33 |
| Expense Ratio | 0.67% |  0.7% |  0.3% | 0.68% | 0.7% | 0.32% |
| Average Spread | 0.122% | 0.261% | 0.146% | 0.717% | 0.098% | 0.041% |
| AUM | $3,658,980 | $144,968,000 | $631,605,000 | $28,370,500 | $16,198,000 | $2,663,200,000 |
| Shares | 149,042 | 6,305,691 | 23,051,269 | 1,016,949 | 797,342 | 109,461,719 |
| Average Daily Volume | 210 | 39,201 | 242,030 | 2,214 | 1,677 | 763,290 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2009-06-09 | 2014-09-23 | 2015-01-13 | 2016-03-08 | 2015-03-24 | 2014-12-10 |
| Index Tracked | IQ Hedge Macro Index | MSCI Emerging Markets 100% Hedged to USD Index | MSCI World ex USA Momentum | Dan Ives Global Cloud Technology Prime Index | IQ Hedge Event-Driven Index | WisdomTree Emerging Markets ex-State-Owned Enterprises Index |
| Category | Global Equities | Emerging Markets Equities | Foreign Large Cap Equities | Global Equities | Hedge Fund | Emerging Markets Equities |
| Asset Class | Alternatives | Equity | Equity | Equity | Alternatives | Equity |
| Asset Class Size | Large/Mid Caps | Large Caps | Large/Mid Caps | Large/Mid Caps | ||
| Value or Growth | Blend | Blend | Blend | Blend | ||
| Region | Asia-Pacific | Europe | North America | Asia-Pacific | ||
| Countries | Broad | Pacific ex-Japan | Broad | Broad | Broad | Broad |
| Annual Dividend Rate | $0 | $0.244 | $2.221 | $0 | $0.313 | $0.675 |
| Annual Dividend Yield | 0.000% | 0.011% | 0.081% | 0.000% | 0.015% | 0.028% |
| Number of Holdings | 20 | 2 | 290 | 68 | 0 | 503 |
| YTD Return | -11.69% | -21.65% | -26.90% | -42.30% | -12.99% | -32.36% |
| Beta | 0.09 | 0.82 | 1.03 | 1.08 | 0.35 | 0.95 |
| Upside Beta | 0.16 | 0.37 | 0.61 | 0.66 | 0.23 | 0.53 |
| Downside Beta | -0.06 | -0.21 | -0.18 | -0.15 | -0.09 | -0.29 |
| Volatility 1Y | 7.71% | 19.77% | 21.58% | 37.11% | 7.69% | 23.38% |
| Sharpe Ratio 3Y | -0.53 | -0.23 | -0.10 | -0.43 | -0.15 | -0.35 |
| Treynor Ratio 3Y | -0.03 | 0.00 | 0.00 | -0.01 | 0.00 | -0.01 |