Fund Evaluator:
NYLI Hedge Multi-Strategy Tracker ETF (QAI)
Follow This Fund
Alternative Strategies
Global Asset Class
Alternative
Fund Group
Multistrategy
Category
$30.402
NAV (as of Oct 07)
$0.00
Minimum Initial
0.88% C
Expense Ratio
$1,007 Mil
Assets
Open
Status
0.00%
12b-1 Fee
1.40%
TTM Yield
0.00%
Max Load
55%
Portfolio Turnover
Best Performing in Multistrategy Over the Last Year
| 35.9% | AQR Alternative Risk Premia N (QRPNX) |
| 21.4% | AQR Style Premia Alternative N (QSPNX) |
| 14.2% | Goldman Sachs Multi-Strategy Alts Inv (GIMMX) |
| 13.0% | AQR Diversifying Strategies N (QDSNX) |
| 12.7% | Blackstone Alternative Multi-Strategy Y (BXMYX) |
Data as of 7/31/2026
-1.6% F
1-Mo Return
1.1% C
3-Mo Return
7.6% B
YTD Return
12.4% D
1-Yr Return
8.6% B
3-Yr Return
4.4% C
5-Yr Return
0.67 B
Category Risk Index
0.42
Total Risk Index
Fund Details
Fund Family
New York Life Investment Management LLC
Inception Date
3/25/2009
Share Class Type
Equity Investment Style
Large-Cap
Blend
Bond Investment Style
High Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
Russell 3000 TR USD: 100%
Additional Fund Details
NYLI Hedge Multi-Strategy Tracker ETF Overview
QAI Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| QAI Return (NAV) | -1.6% | 1.1% | 12.4% | 8.6% | 4.4% | 3.7% |
| QAI Grade | F | C | D | B | C | F |
| +/- Category | -2.4% | -0.7% | 1.6% | 0.8% | -0.9% | -0.0% |
| Multistrategy Avg | 0.8% | 1.8% | 10.8% | 7.7% | 5.3% | 3.7% |
| QAI Tax Cost Ratio | na | na | 0.6% | 1.0% | 0.8% | 0.6% |
QAI Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QAI Return (NAV) | 7.6% | 8.2% | 6.7% | 10.3% | -8.5% | -0.4% | 5.6% | 8.6% | -3.2% | 6.2% | 0.7% |
| QAI Grade | B | C | D | A | F | F | C | F | A | A | F |
| +/- Category | 2.3% | 0.4% | 0.6% | 3.9% | -8.0% | -6.7% | 3.6% | 1.6% | 1.6% | 1.3% | -1.3% |
| Multistrategy Avg | 5.3% | 7.8% | 6.1% | 6.4% | -0.4% | 6.2% | 2.0% | 7.0% | -4.9% | 5.0% | 2.0% |
| Risk Measures | |
| Standard Deviation: | 5.1% |
| Total Risk Index: | 0.42 - Low |
| Category Risk Index: | 0.67 - Average |
| Category Risk Grade: | C (43% Rank) |
| Beta: | 0.38 |
| R-Squared: | 84% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 1.4% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $1007 Mil |
| Fund Total Assets: | $1,008 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 55% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 15.4 years | |||
| Average Tenure: 9.1 years | |||
| Managers (Year): Barrato Greg (2011), Ok Francis (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 135 |
| % in Top 10 Holdings: | 84.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 25.8% |
Portfolio Allocation |
|
| Domestic Stock: | 15.8% |
| Foreign Stock: | 14.9% |
| Preferred Stock: | 2.8% |
| Domestic Bond: | 32.6% |
| Foreign Bond: | 10.9% |
| Convertible Bond: | 4.0% |
| Other: | 14.6% |
| Cash: | 4.6% |
Purchase Information
| Fund Family: | New York Life Investment Management LLC |
| Phone Number: | 888-474-7725 |
| Website: | www.indexiq.com |
| Status: | Open |
| Inception Date: | March 25, 2009 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.88% ( Rating : High ) |
| Category Average Expense Ratio (%): | 2.05% |
| Share Class: | NYLI Hedge Multi-Strategy Tracker ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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