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HECA vs QAI

Hedgeye Capital Allocation ETF vs NYLI Hedge Multi-Strategy Tracker ETF

HECA

Hedgeye Capital Allocation ETF

Hedgeye Asset Management, LLC

Annual cost

1.30%

Fund size

$378M

QAI

NYLI Hedge Multi-Strategy Tracker ETF

New York Life Investment Management LLC

Annual cost

0.88%

Fund size

$968M

Key differences

  • QAI costs 0.42% less per year.
  • QAI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HECAQAI
Annual cost (TER)1.30%0.88%
Fund size (AUM)$378M$968M
Since20252009
Dividend yield1.41%
Asset classalternativealternative
Regionnorth america
Strategymulti strategymulti strategy
CAGR 1YN/A+15.3%
CAGR 3YN/A+9.9%
CAGR 5YN/A+4.6%
Sharpe 3YN/A1.00
Volatility 1Y5.97%
Max drawdown-11.81%-14.95%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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