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IQ Hedge Multi-Strategy Tracker ETF (QAI) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price30.86
Volume34k
Avg Vol89k
RSf32.0
$Vol(21d)2m
52 wk High31.12
52 wk Low27.92
Yield(ttm)3.97%
Inception:Mar 2009
Total Returns:
1 day-0.1%
5 day-0.4%
1 month0.8%
3 month1.6%
6 month5.4%
9 month6.6%
1 year9.8%
Price Data: Closing Price
 
Compare Funds:
Correlated Group: Devlpd x/US (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
Vanguard Total World Stock Index ETFVT0.80  
SPDR Portfolio MSCI Glbl Stk Mkt ETFSPGM0.80  
Avantis All Equity Mkts ETFAVGE0.80  
iShares Core Aggressive AllocationAOA0.79  
iShares MSCI ACWI IndexACWI0.79  
iShares MSCI World ETFURTH0.78  
Capital Group Intl Focus Equity ETFCGXU0.78  
SPDR Portfolio World x/USSPDW0.78  
Vanguard FTSE Devlpd Mkts ETFVEA0.78  
Vanguard Total Intl Stock Idx ETF VXUS0.78  
Least Correlated
AdvisorShares Pure US Cannabis ETFMSOS0.01  
iShares Short Maturity MuniMEAR0.00  
NEOS Enhncd Income Cash AltCSHI0.00  
Janus Henderson AAA CLO ETFJAAA-0.00  
Teucrium Wheat Fund ETFWEAT-0.00  
VanEck CLO ETFCLOI-0.00  
AXS 1.25X NVDA Bear Daily ETFNVDS-0.01  
United States GasolineUGA-0.01  
Invesco AAA CLO Floating Rate ETFICLO-0.01  
ProShares UltraShort DJ-UBS Natural Gas ETFKOLD-0.01  
Most Inversely Correlated
ProShares UltraPro Short Dow30SDOW-0.68  
Proshares UltraShort Russell2000TWM-0.69  
Proshares Short Russell 2000RWM-0.69  
ProShares UltraPro Short Russell2000SRTY-0.69  
Direxion Small Cap Bear 3X SharesTZA-0.69  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.73  
ProShares Short S&P 500SH-0.73  
Direxion Daily S&P500 Hig Beta Bear 3xHIBS-0.73  
Proshares UltraShort S&P500SDS-0.73  
Direxion S&P 500 Bear 3X SharesSPXS-0.74  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-05-17.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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