QAI
+0.99 · +2.96%
$34.33 · NYSE ARCA

IQ Hedge Multi-Strategy Tracker ETF (QAI) ETF Analysis | Multistrategy

New York Life Investment Management LLC · United States
AUM:$786.6M
#– of – in Multistrategy ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 11.6% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.78% — above average for this category.

What is QAI?

The fund is a fund of funds which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components (underlying index Components) selected in accordance with its rules-based methodology of such underlying index.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Positive 1-Year Return
QAI returned 11.6% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.78% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 77.0% of the ETF — significant weight in a small number of names.
ETF Information
AUM$786.6M
Expense Ratio0.78%
Dividend Yield1.47%
Holdings42
Inception DateMar 2009
DomicileUnited States
DistributionNA
Index–
ProviderNew York Life Investment Management LLC
Beta0.38
CategoryMultistrategy
CurrencyUSD
Portfolio Impact

How would QAI affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+4.6%
1Y
+11.9%
3Y
+30.0%
5Y
+25.2%
OpenBook InsightIf you had invested £10,000 in QAI 5 years ago, it would have grown to £12,524 — a gain of £2,524.

Annual Returns

Calendar year performance

QAI delivered positive returns in 4 of the last 5 calendar years.
YearQAI
2026 YTD+8.2%
2025+8.0%
2024+6.7%
2023+10.1%
2022-8.5%
CAGR 4yr+3.8%
4/5 positive yearsAvg return: +4.9%Worst year: -8.5% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
5.8%
Low
Momentum
+1.5%
30-day change
Support Level
36.27
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.