IQ Hedge Market Neutral Tracker ETF (QMN)
Description
The investment seeks to track the performance of the IQ Hedge Market Neutral Index. The QMN ETF contains 32 constituents. It is focused on holdings in the region.
Price $24.74 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.66% |
| Average spread | 0.121% |
| 1Y roundtrip cost | 0.781% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -1.2% | -0.7% | -1.1% | -1.6% | -0.8% | -2.4% | 2.4% | -0.7% | -2.4% | -0.1% | -8.7% | ||
| 2021 | 0.2% | 0.0% | -0.5% | 0.6% | 0.3% | 0.0% | -0.1% | 0.1% | -0.7% | -0.2% | -0.6% | 0.2% | -0.8% |
| 2020 | -0.6% | -1.3% | -4.4% | 2.3% | 1.9% | 0.8% | 1.4% | 0.7% | -0.5% | -0.4% | 2.8% | 1.5% | 4.2% |
| 2019 | 2.0% | 0.7% | 0.7% | 0.8% | -0.8% | 1.5% | -0.3% | 0.2% | 0.5% | 0.9% | 0.4% | 1.0% | 7.5% |
| 2018 | 0.5% | -0.7% | -0.5% | 0.1% | 0.5% | 0.0% | 0.4% | 0.3% | 0.0% | -1.3% | -0.4% | -1.2% | -2.3% |
| 2017 | -0.1% | 0.6% | -0.5% | 0.6% | 0.4% | -0.0% | 0.4% | 0.0% | 0.5% | 0.2% | 0.4% | 0.2% | 2.5% |
| 2016 | 0.5% | -0.1% | 0.8% | 0.7% | 0.2% | 1.2% | -0.1% | 0.1% | -0.3% | -0.8% | -0.6% | 0.5% | 2.2% |
| 2015 | 0.4% | 0.7% | 0.2% | -0.5% | -0.0% | -0.6% | 0.0% | -0.5% | 0.4% | -0.8% | -0.1% | -0.6% | -1.6% |
| 2014 | 0.4% | 0.9% | -0.5% | 0.2% | 0.8% | 0.2% | -1.5% | 1.1% | -0.9% | -0.2% | 0.8% | -0.5% | 0.8% |
| 2013 | 0.8% | 0.1% | 0.3% | 1.3% | -1.5% | -1.7% | 1.0% | -0.4% | 1.4% | 1.1% | -0.2% | 0.2% | 2.5% |
| 2012 | 0.0% | 0.8% | 0.8% | ||||||||||
| 2.8% | 0.2% | -5.5% | 4.4% | 0.9% | -1.0% | 3.5% | 1.1% | -2.0% | -1.7% | 2.4% | 2.1% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.57 | 0.57 | |||||||||||
| 2019 | 0.44 | 0.44 | |||||||||||
| 2016 | 0.35 | 0.35 | |||||||||||
| 2014 | 0.34 | 0.34 | |||||||||||
| 2013 | 0.22 | 0.22 | |||||||||||
| 2012 | 0.06 | 0.06 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.97 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| QMN | FDHY | IJUL | IPAY | SNUG | UCON | |
|---|---|---|---|---|---|---|
| Product name | IQ Hedge Market Neutral Tracker ETF | Fidelity High Yield Factor ETF | Innovator MSCI EAFE Power Buffer ETF | PureFunds ISE Mobile Payments ETF | Merlyn.AI Tactical Growth and Income ETF | First Trust TCW Unconstrained Plus Bond ETF |
| Issuer | IndexIQ | Fidelity | Innovator | ETF Managers Group | Merlyn.AI | First Trust |
| Price | $24.74 | $45.012 | $21.44 | $38.56 | $23.055 | $23.55 |
| Expense Ratio | 0.66% |  0.45% |  0.86% | 0.75% | 0.88% | 0.76% |
| Average Spread | 0.121% | 0.200% | 0.560% | 0.233% | 0.304% | 0.042% |
| AUM | $16,049,500 | $240,064,000 | $49,783,800 | $669,078,000 | $19,591,900 | $662,694,000 |
| Shares | 648,728 | 5,333,333 | 2,322,006 | 17,351,598 | 849,788 | 28,139,887 |
| Average Daily Volume | 1,017 | 35,153 | 177,247 | 55,197 | 2,643 | 447,100 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2012-10-04 | 2018-06-12 | 2019-07-01 | 2015-07-15 | 2020-02-24 | 2018-06-04 |
| Index Tracked | IQ Hedge Market Neutral Index | No Underlying Index | No Underlying Index | Prime Mobile Payments Index | MAI Tactical Growth and Income Index | No Underlying Index |
| Category | Long-Short | High Yield Bonds | Volatility Hedged Equity | Technology Equities | Diversified Portfolio | Total Bond Market |
| Asset Class | Alternatives | Bond | Equity | Equity | Multi-Asset | Bond |
| Asset Class Size | Large/Mid Caps | |||||
| Value or Growth | Blend | Growth | Blend | |||
| Region | North America | |||||
| Countries | Broad | Broad | EAFE | Broad | U.S. | Broad |
| Annual Dividend Rate | $0 | $3.315 | $0 | $0 | $0.214 | $0.565 |
| Annual Dividend Yield | 0.000% | 0.074% | 0.000% | 0.000% | 0.009% | 0.024% |
| Number of Holdings | 32 | 0 | 0 | 46 | 0 | |
| YTD Return | -8.40% | -14.79% | -12.56% | -33.59% | -16.98% | -9.11% |
| Beta | 0.17 | 0.19 | 0.39 | 1.19 | 0.39 | 0.17 |
| Upside Beta | 0.05 | 0.07 | 0.26 | 0.73 | 0.23 | 0.08 |
| Downside Beta | -0.05 | -0.03 | -0.17 | -0.20 | -0.33 | 0.01 |
| Volatility 1Y | 3.85% | 10.80% | 11.45% | 34.63% | 11.80% | 4.00% |
| Sharpe Ratio 3Y | -0.95 | -0.25 | -0.53 | -0.36 | 0.00 | -0.40 |
| Treynor Ratio 3Y | -0.02 | -0.01 | -0.01 | -0.01 | 0.00 | -0.01 |