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 2022-10-20

Cost/Risk/Yield

Dividend yield
Expense ratio0.66%
Average spread0.121%
1Y roundtrip cost0.781%

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%
20210.2%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%
20192.0%0.7%0.7%0.8%-0.8%1.5%-0.3%0.2%0.5%0.9%0.4%1.0%7.5%
20180.5%-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%
20160.5%-0.1%0.8%0.7%0.2%1.2%-0.1%0.1%-0.3%-0.8%-0.6%0.5%2.2%
20150.4%0.7%0.2%-0.5%-0.0%-0.6%0.0%-0.5%0.4%-0.8%-0.1%-0.6%-1.6%
20140.4%0.9%-0.5%0.2%0.8%0.2%-1.5%1.1%-0.9%-0.2%0.8%-0.5%0.8%
20130.8%0.1%0.3%1.3%-1.5%-1.7%1.0%-0.4%1.4%1.1%-0.2%0.2%2.5%
20120.0%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
20200.570.57
20190.440.44
20160.350.35
20140.340.34
20130.220.22
20120.060.06
0.000.000.000.000.000.000.000.000.000.000.001.97

Sectors and Top Holdings

Security % Assets
Top 0 Weights0.00%

Compare with similar ETFs

QMN FDHY IJUL IPAY SNUG UCON
Product nameIQ Hedge Market Neutral Tracker ETFFidelity High Yield Factor ETFInnovator MSCI EAFE Power Buffer ETFPureFunds ISE Mobile Payments ETFMerlyn.AI Tactical Growth and Income ETFFirst Trust TCW Unconstrained Plus Bond ETF
IssuerIndexIQFidelityInnovatorETF Managers GroupMerlyn.AIFirst Trust
Price$24.74$45.012$21.44$38.56$23.055$23.55
Expense Ratio0.66%better0.45%worse0.86%worse0.75%worse0.88%worse0.76%
Average Spread0.121%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
Shares648,7285,333,3332,322,00617,351,598849,78828,139,887
Average Daily Volume1,01735,153177,24755,1972,643447,100
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2012-10-042018-06-122019-07-012015-07-152020-02-242018-06-04
Index TrackedIQ Hedge Market Neutral IndexNo Underlying IndexNo Underlying IndexPrime Mobile Payments IndexMAI Tactical Growth and Income IndexNo Underlying Index
CategoryLong-ShortHigh Yield BondsVolatility Hedged EquityTechnology EquitiesDiversified PortfolioTotal Bond Market
Asset ClassAlternativesBondEquityEquityMulti-AssetBond
Asset Class SizeLarge/Mid Caps
Value or GrowthBlendGrowthBlend
RegionNorth America
CountriesBroadBroadEAFEBroadU.S.Broad
Annual Dividend Rate$0$3.315$0$0$0.214$0.565
Annual Dividend Yield0.000%0.074%0.000%0.000%0.009%0.024%
Number of Holdings3200460
YTD Return-8.40%-14.79%-12.56%-33.59%-16.98%-9.11%
Beta0.170.190.391.190.390.17
Upside Beta0.050.070.260.730.230.08
Downside Beta-0.05-0.03-0.17-0.20-0.330.01
Volatility 1Y3.85%10.80%11.45%34.63%11.80%4.00%
Sharpe Ratio 3Y-0.95-0.25-0.53-0.360.00-0.40
Treynor Ratio 3Y-0.02-0.01-0.01-0.010.00-0.01

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew