QAI: NYLI Hedge Multi Strategy Tracker ETF
About
QAI was created on 2009-03-25 by New York Life Investments. The fund's investment portfolio concentrates primarily on multi-strategy alternatives. The ETF currently has 626.0m in AUM and 49 holdings. QAI tracks an index that aims to emulate hedge fund returns across different strategies", primarily by holding other ETFs.
Current Value
$32.241 Year Return
Current Value
$32.241 Year Return
Key Details
Assets Under Management
$628.22M
Div Yield %
3.81%
P/E Ratio
-
Net Asset Value
$32.26
Expense Ratio
0.91%
1Y ETF Return
0.10%
Strategies that include QAI
Stock's related to QAI
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| FUN | 56.35% | $4.60B | -16.51% | 0.00% |
| CDZI | 45.85% | $243.60M | +7.64% | 0.00% |
| OPRA | 43.05% | $1.75B | +63.06% | 4.03% |
| KB | 41.59% | $24.84B | +59.60% | 4.17% |
| ATOM | 40.39% | $160.01M | -20.00% | 0.00% |
| CARM | 40.24% | $36.20M | -64.46% | 0.00% |
| SGML | 39.77% | $1.54B | -51.62% | 0.00% |
| ARCH | 39.68% | $3.03B | +7.87% | 1.26% |
| EFR | 37.82% | $1.42B | -14.34% | 0.00% |
| GOGL | 37.61% | $2.39B | +35.11% | 8.40% |
| TV | 37.53% | $998.28M | -25.37% | 0.00% |
| SANA | 37.36% | $526.91M | -41.15% | 0.00% |
| HCC | 36.24% | $3.58B | +27.38% | 0.47% |
| CXW | 35.04% | $2.43B | +62.08% | 0.00% |
| GILT | 34.94% | $310.17M | -13.38% | 0.00% |
| CART | 33.97% | $11.00B | +73.27% | 0.00% |
| ALLT | 33.77% | $149.73M | +186.40% | 0.00% |
| WMG | 32.94% | $17.06B | +1.39% | 2.63% |
| CRESY | 32.80% | $681.63M | +31.28% | 6.73% |
| RLX | 32.13% | $1.69B | -17.76% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| STG | 0.07% | $35.67M | +7.92% | 0.00% |
| OXBR | 0.07% | $19.05M | +178.18% | 0.00% |
| HIHO | -0.12% | $8.63M | 0.00% | 6.12% |
| UNH | 0.17% | $531.00B | +6.93% | 1.37% |
| CLX | 0.36% | $20.81B | +20.66% | 2.88% |
| IMNN | -0.39% | $10.02M | -22.89% | 0.00% |
| MSDL | 0.63% | $1.83B | +0.66% | 7.26% |
| UUU | 0.70% | $4.97M | -41.89% | 0.00% |
| GL | 0.74% | $9.18B | -8.60% | 0.86% |
| HE | -0.88% | $1.82B | -17.47% | 0.00% |
| HSY | 1.05% | $34.45B | -10.68% | 3.21% |
| QTTB | 1.07% | $354.34M | +188.64% | 0.00% |
| LTM | -1.18% | $8.51B | -100.00% | <0.01% |
| TPST | -1.29% | $37.75M | -77.59% | 0.00% |
| CYD | -1.34% | $364.46M | -2.94% | 4.26% |
| CME | -1.35% | $82.76B | +9.21% | 1.98% |
| CL | -1.44% | $76.48B | +22.25% | 2.12% |
| NOC | 1.44% | $71.54B | +4.23% | 1.60% |
| FAT | 1.53% | $89.30M | -11.53% | 10.73% |
| CYCN | 1.56% | $4.77M | -16.19% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -19.51% | $21.46B | +15.84% | 1.11% |
| CPB | -14.61% | $12.96B | +7.08% | 3.40% |
| MCK | -12.47% | $78.15B | +35.51% | 0.42% |
| HUSA | -11.75% | $16.69M | -11.56% | 0.00% |
| GIS | -11.31% | $34.85B | -2.91% | 3.78% |
| CHD | -9.47% | $27.18B | +19.50% | 1.03% |
| K | -8.32% | $27.77B | +52.50% | 2.79% |
| PG | -7.45% | $402.15B | +14.14% | 2.33% |
| PGR | -6.61% | $149.10B | +57.29% | 0.45% |
| BACK | -6.27% | $1.76M | -32.90% | 0.00% |
| PRPO | -5.43% | $9.10M | -13.65% | 0.00% |
| LMT | -5.29% | $126.40B | +18.99% | 2.36% |
| NHTC | -5.01% | $61.83M | +0.19% | 14.81% |
| COR | -5.00% | $47.48B | +21.20% | 0.86% |
| MNR | -3.18% | $1.66B | -10.71% | 15.90% |
| QXO | -2.99% | $6.51B | -35.95% | 0.00% |
| HUM | -1.95% | $33.45B | -45.22% | 1.25% |
| CL | -1.44% | $76.48B | +22.25% | 2.12% |
| CME | -1.35% | $82.76B | +9.21% | 1.98% |
| CYD | -1.34% | $364.46M | -2.94% | 4.26% |
ETF's related to QAI
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| DFAW | 84.97% | $525.81M | 0.25% |
| EFAA | 82.78% | $117.38M | 0% |
| QQA | 80.21% | $135.01M | 0% |
| RSPA | 80.20% | $273.87M | 0% |
| SPHB | 80.09% | $365.01M | 0.25% |
| JVAL | 79.02% | $693.47M | 0.12% |
| ROBT | 78.37% | $441.35M | 0.65% |
| UDIV | 78.14% | $38.94M | 0.06% |
| DRIV | 77.29% | $417.14M | 0.68% |
| HFXI | 77.08% | $796.77M | 0.2% |
| LCTD | 76.72% | $250.63M | 0.2% |
| BIBL | 76.67% | $336.19M | 0.35% |
| PIZ | 76.59% | $166.31M | 0.8% |
| TMSL | 76.50% | $288.12M | 0.55% |
| XLSR | 76.37% | $643.89M | 0.7% |
| SIZE | 76.21% | $329.63M | 0.15% |
| DFVX | 76.15% | $320.24M | 0.22% |
| IQDF | 76.10% | $592.77M | 0.47% |
| PFUT | 75.97% | $326.69M | 0.64% |
| DFSI | 75.79% | $523.15M | 0.24% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| UNG | 0.27% | $908.80M | 1.06% |
| CORN | -0.31% | $61.12M | 0.2% |
| HDRO | 0.39% | $164.26M | 0.3% |
| BILZ | -0.61% | $563.02M | 0.14% |
| JUCY | -0.61% | $324.29M | 0.6% |
| EQLS | -0.66% | $76.08M | 1% |
| SGOV | 0.82% | $27.53B | 0.09% |
| FLDR | -0.95% | $595.01M | 0.15% |
| MINT | 1.15% | $11.62B | 0.35% |
| GOVZ | -1.35% | $313.00M | 0.1% |
| BOXX | 1.36% | $4.43B | 0.1949% |
| CCOR | -1.51% | $109.04M | 1.18% |
| XBIL | -1.88% | $637.70M | 0.15% |
| KMLM | -2.18% | $353.87M | 0.9% |
| CLOI | -3.10% | $715.40M | 0.4% |
| XONE | 3.42% | $548.88M | 0.03% |
| ULST | 3.50% | $535.47M | 0.2% |
| WEAT | -3.68% | $120.27M | 0.28% |
| SHV | 3.73% | $18.13B | 0.15% |
| AGZD | -3.78% | $142.76M | 0.23% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -61.90% | $388.04M | 1.43% |
| VIXY | -60.69% | $195.31M | 0.85% |
| TAIL | -49.58% | $67.98M | 0.59% |
| USDU | -34.44% | $201.97M | 0.5% |
| UUP | -30.76% | $309.25M | 0.77% |
| CTA | -10.29% | $350.27M | 0.78% |
| XHLF | -5.18% | $874.27M | 0.03% |
| TBIL | -4.47% | $4.38B | 0.15% |
| AGZD | -3.78% | $142.76M | 0.23% |
| WEAT | -3.68% | $120.27M | 0.28% |
| CLOI | -3.10% | $715.40M | 0.4% |
| KMLM | -2.18% | $353.87M | 0.9% |
| XBIL | -1.88% | $637.70M | 0.15% |
| CCOR | -1.51% | $109.04M | 1.18% |
| GOVZ | -1.35% | $313.00M | 0.1% |
| FLDR | -0.95% | $595.01M | 0.15% |
| EQLS | -0.66% | $76.08M | 1% |
| JUCY | -0.61% | $324.29M | 0.6% |
| BILZ | -0.61% | $563.02M | 0.14% |
| CORN | -0.31% | $61.12M | 0.2% |
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Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.