QMN

IQ Hedge Market Neutral Tracker ETF

Down$26.65
$-0.01
(-0.03%)
As of 6:40:00 PM EDT | 10/16/19  |  Market Closed

QMN Trading Data

Open

$26.65

Low Price

$26.65

High Price

$26.67

Previous Last Price

$26.66

Bid Size

$26.64 X 1600

Ask Size

$26.7 X 2100

QMN Portfolio Data

AUM

$14,641,000

Shares

550

PE Ratio

14.6

Price / Book Ratio

1.46

Expense Ratio

1.01

Net Asset Value

$26.62

Volume

Volume

700

Avg. Volume (YDT)

2,872

Dollar Volume

$0

Weekly Avg. Volume

840

Monthly Avg. Volume

2,410

Quarterly Avg. Volume

2,898

QMN Fund Description

The IQ Hedge Market Neutral Tracker ETF seeks to track, before fees and expenses, the performance of the IQ Hedge Market Neutral Index. Market Neutral hedge funds typically invest in both long and short positions in asset classes while minimizing exposure to systematic risk. These strategies seek to have a zero beta (or market) exposure to one or more systematic risk factors including the overall market (as represented by the SP 500 Index), economic sectors or industries, market cap, region and country. Market neutral strategies that effectively neutralize the market exposure are not impacted by directional moves in the market.

QMN Chart

QMN Summary

Fund Family

IndexIQ

Tracks This Index

IQ Hedge Market Neutral Tracker ETF

Inception Date

2012-10-04

Asset Class

Portfolio-Multi Asset

Asset Class Size

Managed ETFs

QMN Classification

Region (General)

North America

Region (Specific)

US

Sector

Equity Index

Leveraged Family

QMN Technicals

Alpha

-0.42

Beta

0.11

Leverage

Long

Standard Deviation

0.37

QMN Dividends

Dividend Date

2016-12-28

Latest Dividend

0.348

Annual Dividend

0

Annual Dividend Rate

0

Annual Dividend Yield

1.0E-5

QMN Performance

YTD Return

5.85%

1 Year Return

3.54%

3 Year Return

4.35%

5 Year Return

4.52%

10 Year Return

6.82%

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Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.