IQSMNYLI Candriam U.S. Mid Cap Equity ETF

Grow my money3y track recordRanked #800 of 2,960 in this goal

Seeks investment results that correspond to the price and yield performance of the NYLI Candriam U.S. Mid Cap Equity Index.

By New York Life Investment Management LLC · Launched 2022

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$323M

#1,900 of 5,562 · mid-size

Return (1Y)Goal

+22.5%

Track Record

3 years

#2,823 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,379+23.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Mid

Strategy

Index tracking

Focus

ESG

Index tracked

NYLI Candriam US Mid Cap Equity Index

What it actually holds

By weight

Concentration

Top 10 holdings = 9.3% of fund✓ well diversified

Bloom Energy Corp

1.3%

Lumentum Holdings Inc

1.3%

TechnipFMC PLC

1.0%

CH Robinson Worldwide Inc

0.9%

Albemarle Corp

0.9%

Exact Sciences Corp

0.8%

United Therapeutics Corp

0.8%

Burlington Stores Inc

0.8%

Fabrinet

0.8%

US Foods Holding Corp

0.8%

Asset allocation

Stocks

100.0%

Preferred

0.1%

By sector

Industrials

22.8%

Technology

17.1%

Healthcare

14.7%

Financial Services

11.8%

Real Estate

9.9%

Consumer Cyclical

9.7%

Consumer Defensive

4.3%

Basic Materials

4.1%

Other

5.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.2%Moderate

Year-on-year price swings

Max drawdown

-23.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.58Decent risk-adjusted returns

Sortino (3Y)

0.85Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that correspond to the price and yield performance of the NYLI Candriam U.S. Mid Cap Equity Index.
Strategy: Employs a passive indexing approach tracking the NYLI Candriam U.S. Mid Cap Equity Index, holding mid-capitalization U.S. equity securities of companies meeting ESG criteria developed by Candriam, market-capitalization weighted. Primary sectors include industrials, consumer discretionary, and information technology; concentration mirrors the Underlying Index.
Inception date: October 24, 2022
Fund family: New York Life Investment Management LLC