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.
Frequently asked questions
What is the IQ Hedge Multi-Strategy Tracker ETF (QAI) expense ratio?
The IQ Hedge Multi-Strategy Tracker ETF funds expense ratio is 0.78%.
What is IQ Hedge Multi-Strategy Tracker ETF (QAI) current stock price?
As of the latest data, IQ Hedge Multi-Strategy Tracker ETF stock price is $35.55, with a previous close of $35.52. IQ Hedge Multi-Strategy Tracker ETF gained $0.03 in the last trading session, representing a 0.08% increase.
Does IQ Hedge Multi-Strategy Tracker ETF (QAI) pay dividends?
Yes. IQ Hedge Multi-Strategy Tracker ETF pays annual dividends with an annualized yield of 1.42% and an estimated annual payout of $0.50 per share.