QAINYLI Hedge Multi-Strategy Tracker ETF

Diversifier17y track recordRanked #50 of 240 in this goal

Seeks investment results that correspond to the performance of its Underlying Index.

By New York Life Investment Management LLC · Launched 2009

Annual Cost

0.88%

#4,462 of 5,573 · expensive

Fund Size

$995M

#1,120 of 5,573 · large

Return (1Y)Goal

+16.6%

Track Record

17 years

#660 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,644+16.4%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Multi strategy

Focus

Hedge Funds

Index tracked

IQ Hedge Multi-Strategy Index

What it actually holds

By weight

Concentration

Top 10 holdings = 82.0% of fund✓ diversified through underlying funds

iShares Floating Rate Bond ETF

16.1%

DREYFUS GOVERNMENT CASH MANAGEDGCXX

15.7%

Vanguard Short-Term Treasury ETF

13.9%

Vanguard FTSE Developed Markets ETF

7.7%

Franklin Senior Loan ETF

6.5%

iShares Core S&P Small-Cap ETF

5.2%

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

4.8%

iShares MSCI Emerging Markets ex China ETF

4.4%

iShares MSCI USA Momentum Factor ETF

4.1%

State Street SPDR Bloomberg Convertible Securities ETF

3.6%

Asset allocation

Bonds

39.5%

Stocks

34.5%

Cash

14.4%

Convertible

5.8%

Other

3.2%

Preferred

2.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.5%Low

Year-on-year price swings

Max drawdown

-14.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.99Decent risk-adjusted returns

Sortino (3Y)

1.41Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that correspond to the performance of its Underlying Index.
Strategy: Invests primarily in a diverse range of ETFs and exchange-traded products to track the Underlying Index, which reflects hedge fund investment styles. The Fund employs a passive management approach and may include long and short positions across various asset classes.
Inception date: March 25, 2009
Fund family: New York Life Investment Management LLC