NYLI Hedge Multi-Strategy Tracker ETFNYLI Hedge Multi-Strategy Tracker ETFNYLI Hedge Multi-Strategy Tracker ETF

NYLI Hedge Multi-Strategy Tracker ETF

No trades
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Key stats


Assets under management (AUM)
‪635.04 M‬USD
Fund flows (1Y)
‪−19.28 M‬USD
Dividend yield (indicated)
3.80%
Discount/Premium to NAV
−0.07%

About NYLI Hedge Multi-Strategy Tracker ETF


Issuer
New York Life Insurance Co.
Brand
New York Life Investments
Expense ratio
0.91%
Inception date
Mar 25, 2009
Index tracked
IQ Hedge Multi-Strategy Index
Management style
Passive
QAI is a fund-of-funds that uses a mash-up of hedge fund replication sub-indexes to emulate the returns of a multi-strategy fund-of-funds. Each sub-index: global macro, long short, and fixed-income arbitrage, market neutral, event-driven, and emerging markets contains liquid securities (mostly ETFs) selected and weighted using regression and other quant techniques to approximate the returns of a particular hedge fund strategy. The resulting basket is typically dominated by long fixed-income positions, and long equity positions. As a result, QAI's performance often shows correlation with its major asset classes, and low variability of returns. Prior to Aug. 28, 2024, the fund name was branded under IndexIQ.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Multi-strategy
Niche
Multi-strategy
Strategy
Multi-factor
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.90%
Cash0.10%
Miscellaneous0.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.