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Name

As of 07/06/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

NYLI Hedge Multi-Strategy Tracker ETF

QAI | ETF

$36.47

$995 M

1.38%

$0.50

1.13%

Vitals

YTD Return

8.8%

1 yr return

14.3%

3 Yr Avg Return

9.7%

5 Yr Avg Return

4.5%

Net Assets

$995 M

Holdings in Top 10

78.4%

52 WEEK LOW AND HIGH

$36.3
$32.45
$36.78

Expenses

OPERATING FEES

Expense Ratio 1.13%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 07/06/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

NYLI Hedge Multi-Strategy Tracker ETF

QAI | ETF

$36.47

$995 M

1.38%

$0.50

1.13%

QAI - Profile

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 9.7%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.35%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    NYLI Hedge Multi-Strategy Tracker ETF
  • Fund Family Name
    NEW YORK LIFE INVESTMENTS ETFS
  • Inception Date
    Mar 25, 2009
  • Shares Outstanding
    24850000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Greg Barrato

Fund Description

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QAI - Performance

Return Ranking - Trailing

Period QAI Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -73.0% 19.4% 87.46%
1 Yr 14.3% -9.1% 86.9% 42.91%
3 Yr 9.7%* -9.5% 16.2% 55.42%
5 Yr 4.5%* -4.9% 14.4% 53.36%
10 Yr 3.9%* -0.9% 7.5% 48.94%

* Annualized

Return Ranking - Calendar

Period QAI Return Category Return Low Category Return High Rank in Category (%)
2025 6.7% -22.7% 305.1% 32.96%
2024 4.4% -9.8% 27.3% 32.26%
2023 5.8% -20.8% 10.9% 41.78%
2022 -10.5% -12.4% 29.4% 18.81%
2021 -0.4% -10.5% 15.8% 47.64%

Total Return Ranking - Trailing

Period QAI Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -73.0% 19.4% 85.66%
1 Yr 14.3% -13.4% 86.9% 38.18%
3 Yr 9.7%* -9.5% 16.2% 49.80%
5 Yr 4.5%* -5.3% 14.4% 47.98%
10 Yr 3.9%* -0.9% 7.5% 45.74%

* Annualized

Total Return Ranking - Calendar

Period QAI Return Category Return Low Category Return High Rank in Category (%)
2025 8.3% -22.7% 305.1% 33.33%
2024 6.7% -9.8% 27.3% 32.66%
2023 10.1% -20.8% 10.9% 52.44%
2022 -8.7% -8.4% 29.4% 39.60%
2021 -0.2% -10.2% 18.0% 56.54%

QAI - Holdings

Concentration Analysis

QAI Category Low Category High QAI % Rank
Net Assets 995 M 1.5 M 5.01 B 17.34%
Number of Holdings 114 4 4478 38.52%
Net Assets in Top 10 759 M -398 M 2.55 B 14.13%
Weighting of Top 10 78.42% 13.1% 100.0% 46.79%

Top 10 Holdings

  1. ISHARES TRUST FLTG RATE NT ETF 17.00%
  2. DREYFUS GOVERNMENT CASH MANAGE 14.32%
  3. Franklin Senior Loan ETF 8.32%
  4. VANGUARD TAX-MANAGED FUNDS VANGUARD FTSE DEVELOPED MKTS ETF 8.05%
  5. VANGUARD SCOTTSDALE FUNDS SHORT TERM TREAS 7.51%
  6. iShares Core SP Small-Cap ETF 5.65%
  7. SPDR SERIES TRUST STATE STREET SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF 5.11%
  8. ISHARES TRUST MSCI USA MOMENTUM FACTOR ETF 4.35%
  9. ISHARES INC MSCI EMRG CHN 4.33%
  10. ISHARES TRUST NATIONAL MUN ETF 3.76%

Asset Allocation

Weighting Return Low Return High QAI % Rank
Stocks 		99.73% -3.75% 97.95% 60.42%
Cash 		14.32% -6278.21% 410.43% 71.38%
Convertible Bonds 		10.57% 0.00% 87.92% 7.07%
Other 		0.15% -21.53% 148.54% 61.84%
Preferred Stocks 		0.00% -0.12% 46.97% 10.60%
Bonds 		0.00% -326.45% 6347.80% 18.73%

Stock Sector Breakdown

Weighting Return Low Return High QAI % Rank
Financial Services 		16.25% 0.00% 59.28% 50.39%
Healthcare 		15.58% 0.00% 45.63% 79.53%
Technology 		14.44% 0.00% 39.58% 65.35%
Industrials 		9.17% 0.00% 21.45% 45.28%
Consumer Cyclical 		9.10% 0.00% 29.09% 18.50%
Energy 		8.03% 0.00% 100.00% 26.77%
Consumer Defense 		6.27% 0.00% 13.62% 48.82%
Communication Services 		6.11% 0.00% 21.78% 37.40%
Basic Materials 		5.53% 0.00% 27.46% 18.90%
Real Estate 		4.97% 0.00% 51.26% 21.65%
Utilities 		4.57% 0.00% 9.23% 33.07%

Stock Geographic Breakdown

Weighting Return Low Return High QAI % Rank
US 		99.73% -8.85% 91.88% 78.80%
Non US 		0.00% -19.62% 42.11% 17.67%

QAI - Expenses

Operational Fees

QAI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.29% 31.15% 95.32%
Management Fee 0.75% 0.00% 2.50% 23.67%
12b-1 Fee 0.00% 0.00% 1.00% 7.43%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

QAI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

QAI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

QAI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 491.00% 52.82%

QAI - Distributions

Dividend Yield Analysis

QAI Category Low Category High QAI % Rank
Dividend Yield 1.38% 0.00% 4.56% 33.22%

Dividend Distribution Analysis

QAI Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Annually

Net Income Ratio Analysis

QAI Category Low Category High QAI % Rank
Net Income Ratio 1.35% -2.51% 6.83% 8.63%

Capital Gain Distribution Analysis

QAI Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

QAI - Fund Manager Analysis

Managers

Greg Barrato

Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

Mr. Barrato has managed the MainStay VP IQ Hedge Multi-Strategy Portfolio since inception. Mr. Barrato joined IndexIQ Advisors LLC as a Vice President in November 2010 and has been a Senior Vice President of the IndexIQ Advisors LLC since August 2013. Prior to joining IndexIQ Advisors LLC, Mr. Barrato served as Head Global Equity Trader and Trader at Lucerne Capital Management, LLC from 2008 to 2010 and as Assistant Trader and Operations Manager at ReachCapital Management, LP from 2004 to 2008. Mr. Barrato is a 2002 graduate of the University of Connecticut.

James Harrison

Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

James Harrison has been a member of the portfolio management team of IndexIQ Advisors LLC since 2015. Prior to joining IndexIQ, Mr. Harrison served as trading assistant, operations specialist and sales assistant at Cuttone & Company from 2010 to 2015. Mr. Harrison is a graduate of St. Lawrence University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 17.37 4.48 1.67

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