IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF
Market Cap
US$0
Last Updated
2020/02/24 03:01 UTC
Data Sources
Company Financials
Executive Summary
IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF is an exchange traded fund of funds launched by New York Life Investment Management LLC.
Snowflake Analysis
Share Price & News
How has IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QED has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.03%
QED
-1.5%
US Capital Markets
-1.1%
US Market
1 Year Return
5.3%
QED
15.4%
US Capital Markets
17.8%
US Market
Return vs Industry: QED underperformed the US Capital Markets industry which returned 15.4% over the past year.
Return vs Market: QED underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| QED | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.03% | -1.5% | -1.1% |
| 30 Day | 1.1% | 1.0% | 1.5% |
| 90 Day | 1.1% | 3.9% | 6.6% |
| 1 Year | 7.5%5.3% | 17.6%15.4% | 20.2%17.8% |
| 3 Year | 18.6%8.8% | 37.5%29.8% | 47.5%38.1% |
| 5 Year | n/a | 78.9%62.4% | 71.2%52.4% |
Price Volatility Vs. Market
How volatile is IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF is trading at an attractive price based on the cash flow it is expected to produce in the future. But as IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Future Growth
How is IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.7%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF performed over the past 5 years?
17.3%
Historical Diversified Financials annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
Financial Health
How is IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF's financial position? (This company is analysed differently as a bank or financial institution)
In this section we usually analyse IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
Dividend
What is IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate QED's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate QED's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QED's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QED's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QED's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF has no CEO, or we have no data on them.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF's company bio, employee growth, exchange listings and data sources
Key Information
- Name: IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF
- Ticker: QED
- Exchange: ARCA
- Founded: 2015
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$0
- Shares outstanding: 0
- Website: https://www.nylinvestments.com/IQetfs/etfs/IQ-Hedge-Event-Driven-Tracker-ETF
Location
- IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF
- 800 Westchester Avenue
- Suite N-611
- Rye Brook
- New York
- 10573
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| QED | ARCA (NYSE Arca) | Yes | HDG EVE DRIV | US | USD | Mar 2015 |
Biography
IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF is an exchange traded fund of funds launched by New York Life Investment Management LLC. It is managed by IndexIQ Advisors LLC. It invests in funds which invest in the public equity and fixed income markets across the globe. It invests in funds which takes long/short positions to create its portfolio. For its equity portion, the fund invests in funds which invest in the stocks of companies operating across diversified sectors. It invests in funds which invest in the volatile and event-driven stocks of large-cap and small-cap companies. For the fixed income portion, the fund invests in funds which invest in U.S. government short-term maturity obligations, U.S. mortgage-backed debt, U.S. investment grade corporate debt , U.S. bank loans, U.S. high yield debt and U.S. convertible debt. It invests in funds that track the beta (volatility) returns of hedge funds pursuing an event- driven strategy. The fund seeks to track the IQ Hedge Event-Driven Index, by employing full replication technique. IndexIQ ETF Trust - IQ Hedge Event-Driven Tracker ETF was formed on March 24, 2015 and is domiciled in the United States.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/24 03:01 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | N/A |
| Annual Earnings | N/A |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.