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QAI vs HFND

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

QAI

NYLI Hedge Multi-Strategy Tracker ETF

New York Life Investment Management LLC

Annual cost

0.88%

Fund size

$968M

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

Unlimited

Annual cost

1.07%

Fund size

$32M

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

QAIHFND
Annual cost (TER)0.88%1.07%
Fund size (AUM)$968M$32M
Since20092022
Dividend yield1.41%4.72%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategymulti strategy
CAGR 1Y+15.3%+18.4%
CAGR 3Y+9.9%+9.7%
CAGR 5Y+4.6%N/A
Sharpe 3Y1.000.63
Volatility 1Y5.97%9.44%
Max drawdown-14.95%-13.31%

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

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