AUM $6.2MER 0.70%NAV $24.86Holdings 61Inception Oct 2012
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
N/AAvg Volume
163Dividend Yield
—Expense Ratio
0.70%AUM
$6.2MShares Outstanding
—ETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Healthcare | 17.79% |
| Financial Services | 14.04% |
| Consumer Defensive | 13.40% |
| Technology | 12.34% |
| Communication Services | 11.39% |
| Industrials | 9.81% |
| Utilities | 9.64% |
| Consumer Cyclical | 4.58% |
| Basic Materials | 4.32% |
| Energy | 1.83% |
| Real Estate | 0.88% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 100.09% |
| Other | -0.09% |
Fund Information
- Issuer
- NY Life Investments
- Category
- Healthcare
- Types
- Healthcare
- Inception Date
- Oct 3, 2012
- Description
- 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 IndexIQ's rules-based methodology of such underlying index.
Similar ETFs
The IQ Hedge Market Neutral Tracker ETF (QMN) is an exchange-traded fund issued by NY Life Investments that launched on Oct 3, 2012. It currently manages $6.2M in assets under management. The fund charges an expense ratio of 0.70%. The fund holds 61 securities in its portfolio. It falls under the Healthcare category.
Top 10 holdings represent 68.3% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | FLOT | ISHARES FLOATING RATE BON | 13.10% | 16,162 | $819K |
| 2 | SRLN | SPDR BLACKSTONE SENIOR LO | 9.99% | 14,844 | $624K |
| 3 | VGIT | VANGUARD INTERMEDIATE-TER | 7.37% | 7,722 | $461K |
| 4 | BKLN | INVESCO SENIOR LOAN ETF | 6.68% | 19,867 | $417K |
| 5 | IEI | ISHARES 3-7 YEAR TREASURY | 6.39% | 3,415 | $399K |
| 6 | VRP | INVESCO VARIABLE RATE PRE | 6.13% | 16,314 | $383K |
| 7 | ACWV | ISHARES MSCI GLOBAL MIN V | 5.93% | 3,844 | $371K |
| 8 | FLRN | SPDR BLOOMBERG INVESTMENT | 4.55% | 9,292 | $285K |
| 9 | SCHR | SCHWAB INTERMEDIATE-TERM | 4.11% | 5,118 | $257K |
| 10 | SHYG | ISHARES 0-5 YR HY CORP BO | 4.03% | 6,023 | $252K |
| 11 | TIP | ISHARES TIPS BOND ETF | 3.75% | 2,154 | $234K |
| 12 | CWB | SPDR BLOOMBERG CONVERTIBL | 3.44% | 3,166 | $215K |
| 13 | ULTR | IQ ULTRA SHORT DURATION E | 2.92% | 3,826 | $183K |
| 14 | UUP | INVESCO DB US DOLLAR INDE | 2.78% | 6,305 | $174K |
| 15 | SCHP | SCHWAB U.S. TIPS ETF | 2.22% | 2,628 | $139K |
Page 1 of 2
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | — | |
| 1M | — | |
| 3M | — | |
| 6M | — | |
| YTD | — | |
| 1Y | — | |
| 3Y | — | |
| 5Y | -8.64% |
Moving Averages
20-Day MA
—
50-Day MA
—
200-Day MA
—
Price with Moving Averages
Support & Resistance
52-Week High
—
Current Price
$24.84
52-Week Low
—
Current Yield
—
Annual Dividend
$2.2058
Frequency
1x/year
Last Ex-Date
Dec 29, 2022
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 29, 2022 | $0.8529 | Jan 6, 2023 |
| Dec 30, 2020 | $0.5692 | Jan 7, 2021 |
| Dec 30, 2019 | $0.4359 | Jan 6, 2020 |
| Dec 28, 2016 | $0.3478 | Jan 4, 2017 |
| Dec 29, 2014 | $0.3400 | Jan 5, 2015 |
| Dec 27, 2013 | $0.2183 | Jan 3, 2014 |
| Dec 27, 2012 | $0.0634 | Jan 4, 2013 |
Dividend Payments Over Time
Category Comparison
| Metric | QMN | Healthcare(212 ETFs) | Healthcare(24 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.70% | 0.61% | 0.48% |
| AUM | $6.2M | $1.20B | $625.2M |
| Dividend Yield | — | 3.25% | 1.61% |
| Avg Volume | 163 | 342.6K | 84.4K |
| Holdings | 61 | 181 | 137 |
| Performance | |||
| 1-Month Return | — | +6.30% | +3.72% |
| 6-Month Return | — | +6.13% | +3.34% |
| YTD Return | — | +2.71% | -0.69% |
| 1-Year Return | — | +28.23% | +20.26% |
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