QAI
IQ Hedge Multi-Strategy Tracker ETF
The IQ Hedge Multi-Strategy Tracker ETF seeks to track, before fees and expenses, the performance of the IQ Hedge Multi-Strategy Index. The Index attempts to replicate the risk-adjusted return characteristics of hedge funds using various hedge fund investment styles, including long/short equity, global macro, market neutral, event-driven, fixed income arbitrage and emerging markets.
Asset Allocation
MULTI
Passive
MANAGEMENT STYLE
$ 625.2 M
ASSETS UNDER MGMT
78 bp
EXPENSES
Fund Basics
| Inception date | Mar 25, 2009 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | Yes |
| Fund of funds | Yes |
Asset Allocation
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.1% | 10.0% | 7.1% | 6.3% | 1.7% | 2.2% | -- | 1.9% |
| Dividend Yield | 0.0% | 0.0% | 1.2% | 2.2% | 1.7% | 1.5% | -- | 1.3% |
| Total Returns | 4.1% | 10.0% | 8.2% | 8.5% | 3.5% | 3.6% | -- | 3.3% | Ann. Volatility | 6.9% | 7.6% | 6.5% | 5.9% | 6.5% | 6.1% | -- | 6.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.34 | 77% |
| MSCI EAFE | 0.38 | 68% |
| MSCI Emg Mkts | 0.34 | 67% |
Liquidity Measures
| Avg. volume (000) | 64 |
| ADV traded (mns) | $2 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.08% |
Technical Indicators
| 30d moving avg. (EMA) | $34.27 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -0.17/-0.11 |
| Bollinger Bands (Upper/Lower) | $34.78/$33.72 |
| Short interest (% of AUM) | 0.2% |
Distributions