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HFND vs QAI

Unlimited HFND Multi-Strategy Return Tracker ETF vs NYLI Hedge Multi-Strategy Tracker ETF

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

Unlimited

Annual cost

1.07%

Fund size

$32M

QAI

NYLI Hedge Multi-Strategy Tracker ETF

New York Life Investment Management LLC

Annual cost

0.88%

Fund size

$968M

Key differences

  • QAI costs 0.19% less per year.
  • QAI is significantly larger than HFND — larger funds tend to be more liquid and less likely to close.
  • QAI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HFNDQAI
Annual cost (TER)1.07%0.88%
Fund size (AUM)$32M$968M
Since20222009
Dividend yield4.72%1.41%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategymulti strategy
CAGR 1Y+18.4%+15.3%
CAGR 3Y+9.7%+9.9%
CAGR 5YN/A+4.6%
Sharpe 3Y0.631.00
Volatility 1Y9.44%5.97%
Max drawdown-13.31%-14.95%

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

Similar to HFND and QAI