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Upturn AI SWOT - About
IndexIQ Active ETF Trust - IQ MacKay ESG Core Plus Bond ETF (ESGB)
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Upturn Advisory Summary
10/23/2025: ESGB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 5.98% | Avg. Invested days 52 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/23/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.06 | 52 Weeks Range 19.69 - 21.29 | Updated Date 06/29/2025 |
52 Weeks Range 19.69 - 21.29 | Updated Date 06/29/2025 |
Upturn AI SWOT
IndexIQ Active ETF Trust - IQ MacKay ESG Core Plus Bond ETF
ETF Overview
Overview
The IQ MacKay ESG Core Plus Bond ETF (MKYB) is an actively managed ETF seeking total return by investing in a diversified portfolio of investment-grade fixed-income securities while incorporating Environmental, Social, and Governance (ESG) factors.
Reputation and Reliability
IndexIQ is known for its innovative ETF strategies, including its active management approach. Their reputation is solid, focusing on delivering diverse investment solutions.
Management Expertise
The ETF is managed by MacKay Shields LLC, a reputable asset manager with extensive experience in fixed-income investing and ESG integration.
Investment Objective
Goal
To seek total return by investing in a diversified portfolio of investment-grade fixed-income securities while considering ESG factors.
Investment Approach and Strategy
Strategy: Actively managed bond portfolio utilizing a core-plus strategy and incorporating ESG factors in security selection.
Composition Primarily invests in investment-grade corporate bonds, government bonds, mortgage-backed securities, and asset-backed securities.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 125600000
Competitors
Key Competitors
- AGG
- BND
- VTC
Competitive Landscape
The competitive landscape includes broad market bond ETFs and other active ESG-focused bond funds. MKYB distinguishes itself through its active management and specific ESG integration process, potentially offering higher returns but also higher risks compared to passive ETFs.
Financial Performance
Historical Performance: Historical performance data not available.
Benchmark Comparison: Benchmark comparison data not available.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
The average trading volume is low, which may affect trade execution.
Bid-Ask Spread
The bid-ask spread may be wider due to lower trading volume, potentially increasing transaction costs.
Market Dynamics
Market Environment Factors
Economic conditions, interest rate changes, and credit spreads can all impact the performance of MKYB. ESG considerations may also influence investment decisions.
Growth Trajectory
Growth trajectory depends on the fund's ability to generate alpha through active management and effective ESG integration. Changes to strategy and holdings depend on the market conditions.
Moat and Competitive Advantages
Competitive Edge
MKYB's competitive advantage lies in its active management and ESG integration process. The active management strategy aims to generate alpha by identifying undervalued fixed-income securities. The ESG integration process enhances risk management and aligns investments with sustainable principles. This differentiated approach potentially attracts investors seeking both financial returns and positive social impact. The fund's ESG focus and active management are key differentiators in the competitive bond ETF landscape.
Risk Analysis
Volatility
Volatility can be moderate due to active management and credit risk associated with the bond holdings.
Market Risk
Market risk includes interest rate risk, credit risk, and liquidity risk. Changes in interest rates can negatively impact bond prices. Credit risk is associated with the possibility of bond issuers defaulting. ESG factors also bring their own unique set of risks and opportunities.
Investor Profile
Ideal Investor Profile
Investors seeking income and capital appreciation with an ESG focus, and who are comfortable with active management and moderate risk.
Market Risk
Suitable for long-term investors who want exposure to the bond market and are interested in ESG-aligned investing.
Summary
The IQ MacKay ESG Core Plus Bond ETF (MKYB) is an actively managed ETF that focuses on total return through investment-grade fixed income and ESG factors. Managed by MacKay Shields, the fund aims to outperform traditional bond benchmarks by actively selecting securities and integrating ESG considerations. With a moderate expense ratio, MKYB offers a compelling option for investors seeking both financial returns and positive social impact. However, the fund's liquidity should be considered before making investment decisions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- IndexIQ Website
- ETF.com
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market conditions and fund performance may change over time.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About IndexIQ Active ETF Trust - IQ MacKay ESG Core Plus Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests at least 80% of its assets in bonds, which include all types of debt securities. The fund generally seeks to invest in a broad portfolio of corporate, government, and mortgage-related and asset-backed securities. The fund"s investments may also include convertible corporate securities, loans and loan participation interests.
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