Symbols

QAI

·ARCA

--(--)

Key Stats

Assets Under Management

776.77MUSD

Fund Flows (1Y)

67.66MUSD

Dividend Yield

1.48%

Discount/Premium to NAV

-0.03%

Shares Outstanding

24.50M

Expense Ratio

1.10%

About NYLI Hedge Multi-Strategy Tracker ETF

Issuer

New York Life Investment Management LLC

Brand

New York Life Investments

Home Page

https://www.newyorklifeinvestments.com/etf/nyli-hedge-multi-strategy-tracker-etf-qai?ticker=QAI

Inception Date

Mar 25, 2009

Structure

Open-Ended Fund

Index Tracked

NYLI Hedge Multi-Strategy Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

New York Life Investment Management LLC

Distributor

ALPS Distributors, Inc.

QAI is a fund-of-funds that uses a mash-up of hedge fund replication sub-indexes to emulate the returns of a multi-strategy fund-of-funds. Each sub-index: global macro, long short, and fixed-income arbitrage, market neutral, event-driven, and emerging markets contains liquid securities (mostly ETFs) selected and weighted using regression and other quant techniques to approximate the returns of a particular hedge fund strategy. The resulting basket is typically dominated by long fixed-income positions, and long equity positions. As a result, QAI's performance often shows correlation with its major asset classes, and low variability of returns.

Classification

Asset Class

Alternatives

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	+1.17%	+1.35%	+1.32%	+8.40%	+18.04%	+5.98%
NAV Total Return	+1.70%	+2.29%	+0.77%	+9.97%	+27.09%	+17.10%

No data is currently available

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Holdings Analysis

Sector

Technology

19.74%

Healthcare

16.22%

Financial Services

16.02%

Industrials

12.19%

Communication Services

8.71%

Consumer Cyclical

7.81%

Basic Materials

6.15%

Consumer Defensive

3.90%

Utilities

3.27%

Asset

Region

62.58%

20.36%

13.03%

1.52%

1.34%

1.16%

Investment Style

No data is currently available

Top 10 Holdings

Symbol

Ratio

FLOT

iShares Floating Rate Bond ETF

16.19%

VGSH

Vanguard Short-Term Treasury ETF

14.02%

VEA

Vanguard FTSE Developed Markets ETF

7.49%

FLBL

Franklin Senior Loan ETF

6.62%

IJR

iShares Core S&P Small-Cap ETF

5.18%

FLRN

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

4.87%

EMXC

iShares MSCI Emerging Markets ex China ETF

4.21%

MTUM

iShares MSCI USA Momentum Factor ETF

4.11%

CWB

State Street SPDR Bloomberg Convertible Securities ETF

3.59%

ICVT

iShares Convertible Bond ETF

3.13%

Top 10 Weight 69.41%

133 Total Holdings

See all holdings

Is SPY better than QAI?

Dividends

Dividend Payout History

Declaration Date	Record Date	Payment Date	Amount
2025-12-30	2025-12-30	2026-01-05	0.504
2024-12-30	2024-12-30	2025-01-03	0.699
2023-12-28	2023-12-29	2024-01-05	1.227
2022-12-29	2022-12-30	2023-01-06	0.568
2021-12-29	2021-12-30	2022-01-06	0.088
2020-12-30	2020-12-31	2021-01-07	0.633
2019-12-30	2019-12-31	2020-01-06	0.588

How Much Does QAI Pay in Dividends?

Premium/Discount Chart

Premium/Discount to NAV

Price

Assets Under Management

Should I buy QAI?

Fund Flows

Inflows

Outflows