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Trending ETFs

Name

As of 11/19/2024

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

$20.80

$147 M

3.14%

$0.65

0.61%

Vitals

YTD Return

4.1%

1 yr return

14.5%

3 Yr Avg Return

-5.0%

5 Yr Avg Return

-1.0%

Net Assets

$147 M

Holdings in Top 10

44.6%

52 WEEK LOW AND HIGH

$20.7
$18.20
$22.69

Expenses

OPERATING FEES

Expense Ratio 0.61%

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 11/19/2024

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

$20.80

$147 M

3.14%

$0.65

0.61%

ROOF - Profile

Distributions

  • YTD Total Return 4.1%
  • 3 Yr Annualized Total Return -5.0%
  • 5 Yr Annualized Total Return -1.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.66%
DIVIDENDS
  • Dividend Yield 3.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    NYLI CBRE NextGen Real Estate ETF
  • Fund Family Name
    IndexIQ
  • Inception Date
    Jun 17, 2022
  • Shares Outstanding
    1650000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Greg Barrato

Fund Description

p id="xdx_A8D_err--StrategyNarrativeTextBlock_gRBSNTB-WULH_z3Mgn2G7FMV8" style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Fund employs a “passive management” — or indexing — investment approach designed to track the performance of the Underlying Index. The Advisor is the index provider for the Underlying Index and CBRE Investment Management Listed Real /spanspan style="text-transform: none"Assets/spanspan style="text-transform: none" LLC (“CBRE”) serves as the index construction consultant to the Advisor for the Underlying Index. The Underlying Index is a rules-based, modified capitalization weighted, float adjusted index. The Underlying Index is designed to provide exposure to real estate sectors /spanspan style="text-transform: none"and companies/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"that are expected to benefit from large trends (“NextGen Trends”) affecting property sectors of the global economy over a secular, multi-year time horizon. The NextGen Trends are focused on property sectors aligned with /spanspan style="text-transform: none"the following: /span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none; font-style: italic"iDigital Transformation:/i/spanspan style="text-transform: none" Companies that are within the technology real estate sector owning, operating, and developing cell tower, fiber network, and data center assets which enable the growth of data and /spanspan style="text-transform: none"digital communications./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none; font-style: italic"ieCommerce Revolution:/i/spanspan style="text-transform: none" Companies in the industrial sector owning, operating, and developing logistics facilities where products are stored and shipped to the end user and may benefit from the long-term growth of /spanspan style="text-transform: none"online sales./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none; font-style: italic"iGenerational Change: /i/spanspan style="text-transform: none"Companies within the healthcare and residential real estate sectors that provide exposure to life science facilities, skilled nursing facilities, senior living facilities, multi-family residential, single family for rent, and student housing to capitalize on demand from aging populations, increased healthcare spending and rising home /spanspan style="text-transform: none"ownership costs./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"Each NextGen Trend is weighted approximately equally in the Underlying Index at each rebalance. The Underlying Index identifies issuers within a NextGen Trend based on third-party /spanspan style="text-transform: none"industry classifications./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"To be eligible for inclusion in the Underlying Index, an issuer must have a float adjusted market capitalization of at least $100 million and a minimum average daily trading volume of at least $1 million for the prior 90 days at the time of rebalance. Securities of issuers with recent stock exchange listings (e.g., recent initial public /spanspan style="text-transform: none"offerings) may be added to the Underlying Index on a quarterly basis, provided that the companies meet all /spanspan style="text-transform: none"eligibility criteria and have been trading for more than ten trading days. The Underlying Index may consist of small-, mid- and large-capitalization companies. As of June 30, 2024, the market capitalization range of the Underlying Index was approximately $242.26 million to $106.55 billion. As of June 30, 2024, the Underlying Index was composed of /spanspan style="text-transform: none"93 securities./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index provides exposure primarily to U.S.-based companies, but also includes securities of issuers based in foreign markets. The Underlying Index rebalances and reconstitutes quarterly. At each rebalance, component securities are weighted based on float adjusted market capitalization subject to the following restrictions: (1) 75% of the Underlying Index will consist of components with weights less than 5% of the Underling Index; (2) the maximum weight of a component is 10% of the Underlying Index; and (3) each NextGen Trend will be approximately equally weighted. The allocation to each NextGen Trend and U.S. issuers may fluctuate in order to meet the other Underlying /spanspan style="text-transform: none"Index constraints./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Fund generally will invest in all of the securities that comprise its Underlying Index in proportion to their weightings in the Underlying Index. The Fund has adopted a policy to invest, under normal circumstances, at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of real estate issuers, as determined by an unaffiliated, third-party classification standard. As a result, the Fund will concentrate in the securities of issuers in the real /spanspan style="text-transform: none"estate sector./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index may include as a component one or more ETFs advised by the Advisor (“Affiliated ETFs”) and the Fund will typically invest in any Affiliated ETF included in the Underlying Index. The Fund also may invest in Affiliated ETFs that are not components of the index if such an investment will help the Fund track the /spanspan style="text-transform: none"Underlying Index. /span/p
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ROOF - Performance

Return Ranking - Trailing

Period ROOF Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -8.2% 20.7% 89.02%
1 Yr 14.5% -8.8% 33.9% 86.99%
3 Yr -5.0%* -12.9% 5.3% 93.03%
5 Yr -1.0%* -12.4% 14.1% 95.65%
10 Yr 1.9%* -2.3% 14.5% 96.32%

* Annualized

Return Ranking - Calendar

Period ROOF Return Category Return Low Category Return High Rank in Category (%)
2023 7.8% -16.2% 24.6% 53.47%
2022 -28.7% -51.3% 2.5% 27.46%
2021 24.0% -7.7% 52.3% 74.90%
2020 -16.5% -42.2% 35.0% 84.78%
2019 17.2% 0.0% 43.1% 56.95%

Total Return Ranking - Trailing

Period ROOF Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -8.2% 20.7% 89.02%
1 Yr 14.5% -8.8% 33.9% 86.99%
3 Yr -5.0%* -12.9% 5.3% 93.03%
5 Yr -1.0%* -12.4% 14.1% 95.65%
10 Yr 1.9%* -2.3% 14.5% 96.32%

* Annualized

Total Return Ranking - Calendar

Period ROOF Return Category Return Low Category Return High Rank in Category (%)
2023 11.0% -13.7% 25.0% 63.67%
2022 -26.4% -40.7% 7.8% 57.79%
2021 28.0% 7.8% 54.6% 81.48%
2020 -12.5% -36.6% 44.3% 93.48%
2019 22.0% 4.1% 46.4% 85.65%

ROOF - Holdings

Concentration Analysis

ROOF Category Low Category High ROOF % Rank
Net Assets 147 M 1.32 M 61.4 B 71.13%
Number of Holdings 95 22 519 18.29%
Net Assets in Top 10 67.5 M 1.29 M 32.8 B 73.17%
Weighting of Top 10 44.58% 13.2% 90.0% 88.21%

Top 10 Holdings

  1. Prologis Inc 5.23%
  2. American Tower Corp 5.15%
  3. SBA Communications Corp 4.73%
  4. Crown Castle Inc 4.69%
  5. Keppel DC REIT 4.61%
  6. Welltower Inc 4.53%
  7. Equinix Inc 4.36%
  8. Digital Realty Trust Inc 4.21%
  9. Uniti Group Inc 3.76%
  10. Segro PLC 3.29%

Asset Allocation

Weighting Return Low Return High ROOF % Rank
Stocks
99.81% 0.00% 105.52% 5.69%
Cash
1.94% -42.50% 24.34% 28.05%
Preferred Stocks
0.00% 0.00% 31.13% 82.93%
Other
0.00% -89.90% 104.09% 78.05%
Convertible Bonds
0.00% 0.00% 10.95% 79.18%
Bonds
0.00% 0.00% 155.83% 79.67%

Stock Sector Breakdown

Weighting Return Low Return High ROOF % Rank
Real Estate
100.00% 34.46% 100.00% 27.78%
Utilities
0.00% 0.00% 3.55% 77.78%
Technology
0.00% 0.00% 12.02% 82.05%
Industrials
0.00% 0.00% 7.39% 79.91%
Healthcare
0.00% 0.00% 0.53% 77.78%
Financial Services
0.00% 0.00% 37.05% 81.62%
Energy
0.00% 0.00% 33.11% 78.63%
Communication Services
0.00% 0.00% 11.61% 80.77%
Consumer Defense
0.00% 0.00% 0.93% 77.78%
Consumer Cyclical
0.00% 0.00% 45.29% 83.76%
Basic Materials
0.00% 0.00% 13.69% 78.21%

Stock Geographic Breakdown

Weighting Return Low Return High ROOF % Rank
US
78.27% 0.00% 105.52% 77.24%
Non US
21.53% 0.00% 37.90% 2.44%

ROOF - Expenses

Operational Fees

ROOF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.07% 8.91% 86.01%
Management Fee 0.60% 0.00% 1.50% 28.46%
12b-1 Fee 0.00% 0.00% 1.00% 19.67%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

ROOF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ROOF 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.

ROOF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.11% 380.00% 25.61%

ROOF - Distributions

Dividend Yield Analysis

ROOF Category Low Category High ROOF % Rank
Dividend Yield 3.14% 0.00% 13.03% 43.09%

Dividend Distribution Analysis

ROOF Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Quarterly

Net Income Ratio Analysis

ROOF Category Low Category High ROOF % Rank
Net Income Ratio 1.66% -1.14% 6.05% 24.69%

Capital Gain Distribution Analysis

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

Distributions History

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ROOF - Fund Manager Analysis

Managers

Greg Barrato


Start Date

Tenure

Tenure Rank

Jun 14, 2011

10.97

11.0%

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
0.01 28.42 8.3 16.42