Symbols

QAI

NYLI Hedge Multi-Strategy Tracker ETF·NYSE

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Key Stats

Assets Under Management

778.76MUSD

Fund Flows (1Y)

25.31MUSD

Dividend Yield

1.46%

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	+1.01%	+2.21%	+2.54%	+7.82%	+17.91%	+6.36%
NAV Total Return	+0.17%	+3.01%	+1.17%	+8.11%	+26.03%	+15.96%

No data is currently available

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Holdings Analysis

Sector

Technology

18.58%

Financial Services

16.91%

Industrials

12.62%

Healthcare

12.01%

Communication Services

10.16%

Consumer Cyclical

7.88%

Basic Materials

6.52%

Consumer Defensive

4.62%

Energy

3.90%

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

16.05%

VGSH

Vanguard Short-Term Treasury ETF

13.89%

VEA

Vanguard FTSE Developed Markets ETF

7.65%

FLBL

Franklin Senior Loan ETF

6.44%

IJR

iShares Core S&P Small-Cap ETF

5.26%

FLRN

State Street SPDR Bloomberg Investment Grade Floating Rate ETF

4.83%

EMXC

iShares MSCI Emerging Markets ex China ETF

4.39%

MTUM

iShares MSCI USA Momentum Factor ETF

3.92%

CWB

State Street SPDR Bloomberg Convertible Securities ETF

3.54%

ICVT

iShares Convertible Bond ETF

3.11%

Top 10 Weight 69.08%

115 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

Assets Under Management

Should I buy QAI?

Fund Flows