Key stats
About IQ MacKay ESG High Income ETF
Expense ratio
0.40%
Home page
Inception date
Oct 25, 2022
IQHI targets high-yield corporate bonds from around the world that meet ESG standards, as determined by the sub-adviser. The fund determines the allocation for each industry and security type based on economic cycle analysis, credit quality, and interest rate trends. Using proprietary analysis, the fund rates issuers as outperforming, average, or underperforming for each environmental, social, and governance factor compared to their peers. The scores are combined with equal weights to determine the overall ESG score. The fund considers issuers that receive at least an average score or those that have demonstrated a trend of improvement despite their low score. The sub-adviser makes an assessment of the overall scores of issuers as well as the whole portfolio before final selection. As an actively managed fund, the portfolio managers have full discretion to adjust the portfolio at any time.
Classification
What's in the fund
Exposure type
Corporate
Stocks1.17%
Utilities0.72%
Communications0.45%
Bonds, Cash & Other98.83%
Corporate96.11%
Mutual fund2.27%
Miscellaneous0.44%
Cash−0.00%