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Upturn AI SWOT - About
IQ Hedge Multi-Strategy Tracker ETF (QAI)
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Upturn Advisory Summary
08/14/2025: QAI (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 5.41% | Avg. Invested days 47 | 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 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.38 | 52 Weeks Range 29.57 - 33.09 | Updated Date 06/30/2025 |
52 Weeks Range 29.57 - 33.09 | Updated Date 06/30/2025 |
Upturn AI SWOT
IQ Hedge Multi-Strategy Tracker ETF
ETF Overview
Overview
The IQ Hedge Multi-Strategy Tracker ETF (QAI) seeks investment results that correspond generally to the price and yield performance of the IQ Hedge Multi-Strategy Index. It aims to replicate the risk-adjusted return characteristics of hedge funds by employing various alternative investment strategies.
Reputation and Reliability
IndexIQ is known for its alternative investment ETFs and has a solid reputation within the industry.
Management Expertise
IndexIQ's management team has experience in creating and managing alternative investment strategies.
Investment Objective
Goal
To seek investment results that correspond generally to the price and yield performance of the IQ Hedge Multi-Strategy Index.
Investment Approach and Strategy
Strategy: The ETF tracks the IQ Hedge Multi-Strategy Index, which is designed to replicate the risk-adjusted return characteristics of hedge funds.
Composition The ETF invests in a diversified portfolio of other ETFs, each representing a different hedge fund strategy.
Market Position
Market Share: QAI holds a small market share in the multi-strategy ETF segment.
Total Net Assets (AUM): 92090000
Competitors
Key Competitors
- ALTS
- MNA
- BTAL
- HDG
Competitive Landscape
The multi-strategy ETF market is competitive with several established players. QAI's strength lies in its IndexIQ index tracking, while some competitors may offer different strategy implementations. QAI disadvantages lies in its expense ratio which is more than similar alternative ETFs.
Financial Performance
Historical Performance: Historical performance data is readily available from financial data providers, but specific values fluctuate. Investors should consult financial websites for up-to-date performance figures for various time periods.
Benchmark Comparison: The ETF's performance is compared to the IQ Hedge Multi-Strategy Index. Consult performance charts on financial websites.
Expense Ratio: 0.79
Liquidity
Average Trading Volume
QAI's average trading volume varies, but usually shows moderate trading activity, which should be considered when placing large orders.
Bid-Ask Spread
The bid-ask spread is typically moderate, but may widen during periods of market volatility, potentially affecting trading costs.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate changes, and overall market volatility impact QAI, as its underlying hedge fund-like strategies are sensitive to broad market conditions.
Growth Trajectory
QAI's growth is dependent on investor demand for alternative investment strategies and its ability to deliver returns comparable to hedge funds.
Moat and Competitive Advantages
Competitive Edge
QAI offers a relatively transparent and liquid way to access a multi-strategy hedge fund approach. Its competitive advantage lies in its use of an index-tracking methodology for hedge fund replication. It democratizes access to hedge-fund-like strategies, allowing ordinary investors to benefit from diversification. However, performance may not exactly mirror hedge fund returns due to index tracking and fees.
Risk Analysis
Volatility
QAI's volatility is typically lower than the direct hedge fund investments due to its diversification and index-tracking approach.
Market Risk
Market risk is inherent in the ETF's underlying asset holdings, as they are sensitive to broad economic and market movements.
Investor Profile
Ideal Investor Profile
Investors seeking diversification through alternative investment strategies, who understand that the fund's performance will not exactly replicate hedge funds. Investors who are willing to invest in multiple strategies to diversify their portfolio.
Market Risk
Suitable for long-term investors who understand alternative investment strategies and seeking diversification but should be wary of the expense ratio.
Summary
QAI offers a multi-strategy hedge fund replication approach via an ETF structure. Its index-tracking approach diversifies risk, while market movements impact performance. Ideal investors are those who want to diversify into alternatives but want liquidity of an ETF. However, they should understand that QAI won't exactly replicate hedge fund returns and should carefully consider the expense ratio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- IndexIQ website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data is estimated and may vary.
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 IQ Hedge Multi-Strategy Tracker ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is a fund of funds which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components (underlying index Components) selected in accordance with its rules-based methodology of such underlying index.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.