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QAI vs MAPP

NYLI Hedge Multi-Strategy Tracker ETF vs Harbor Multi-Asset Explorer ETF

QAI

NYLI Hedge Multi-Strategy Tracker ETF

New York Life Investment Management LLC

Annual cost

0.88%

Fund size

$968M

MAPP

Harbor Multi-Asset Explorer ETF

Harbor Capital Advisors Inc

Annual cost

0.80%

Fund size

$11M

Key differences

  • MAPP costs 0.08% less per year.
  • QAI is significantly larger than MAPP — larger funds tend to be more liquid and less likely to close.
  • QAI is classified as alternative, while MAPP is mixed asset — different risk/return profiles.
  • QAI follows a multi strategy strategy; MAPP uses active selection.
  • QAI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QAIMAPP
Annual cost (TER)0.88%0.80%
Fund size (AUM)$968M$11M
Since20092023
Dividend yield1.41%2.83%
Asset classalternativemixed asset
Regionnorth america
Strategymulti strategyactive selection
CAGR 1Y+15.3%+21.6%
CAGR 3Y+9.9%N/A
CAGR 5Y+4.6%N/A
Sharpe 3Y1.00N/A
Volatility 1Y5.97%8.97%
Max drawdown-14.95%-12.92%

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

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