QAI – IQ Hedge Multi-Strategy Tracker ETF
IQ Hedge Multi-Strategy Tracker ETF (QAI) is a Multistrategy ETF, issued by New York Life Investment Management LLC, $782M in assets, 0.78% expense ratio.
Returns as of Oct 23, 2026: 1 week -0.4%, 1 year +9.1%.
Fund of funds tracking an underlying index, investing at least 80% in components selected by rules-based methodology.
Top holdings
- VGSH – Vanguard Scottsdale Funds - Vanguard Short-Term Treasury ETF, 16.1%
- FLOT – iShares Floating Rate Bond ETF, 16.0%
- VEA – Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF, 8.8%
- FLBL – Franklin Liberty Senior Loan ETF, 7.6%
- FLRN – SPDR® Bloomberg Investment Grade Floating Rate ETF, 5.6%
- IJR – iShares Core S&P Small-Cap ETF, 5.3%
- FXE – Invesco CurrencyShares Euro Trust, 4.9%
- EMXC – iShares MSCI Emerging Markets ex China, 4.3%
- CWB – SPDR® Bloomberg Convertible Securities ETF, 4.2%
- MTUM – iShares MSCI USA Momentum Factor ETF, 4.1%
- ICVT – iShares Convertible Bond ETF, 3.7%
- MNA – IQ Merger Arbitrage ETF, 3.3%
- PFFD – Global X U.S. Preferred ETF, 3.1%
- VTEB – Vanguard Tax-Exempt Bond Index Fund ETF Shares, 3.1%
- BWX – SPDR® Bloomberg International Treasury Bond ETF, 2.8%
- JEPI – JPMorgan Equity Premium Income ETF, 2.8%
- MUB – iShares National Muni Bond ETF, 2.6%
- VMBS – Vanguard Mortgage-Backed Securities Index Fund ETF Shares, 2.2%
- DBA – Invesco DB Agriculture Fund, 2.1%
- IGOV – iShares International Treasury Bond ETF, 2.1%
- DBMF – iMGP DBi Managed Futures Strategy ETF, 2.0%
- XLV – The Select Sector SPDR Trust - The Health Care Select Sector SPDR Fund, 1.9%
- XLC – Communication Services Select Sector SPDR® Fund, 1.8%
- IEF – iShares 7-10 Year Treasury Bond ETF, 1.6%
- ARB – AltShares Trust - AltShares Merger Arbitrage ETF, 1.1%