ARP vs. QAI ETF Comparison
Comparison of PMV Adaptive Risk Parity ETF (ARP) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
ARP
PMV Adaptive Risk Parity ETF
ARP Description
The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.
Grade (RS Rating)
Last Trade
$28.87
Average Daily Volume
3,265
Number of Holdings
*
5
* may have additional holdings in another (foreign) market
QAI
IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF
QAI Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund invests normally at least 80% of its net assets (excluding collateral held from securities lending), plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index.Grade (RS Rating)
Last Trade
$32.54
Average Daily Volume
81,551
Number of Holdings
*
32
* may have additional holdings in another (foreign) market
Performance
| Period | ARP | QAI |
|---|---|---|
| 30 Days | 0.35% | 1.66% |
| 60 Days | 0.43% | 1.94% |
| 90 Days | 1.64% | 3.07% |
| 12 Months | 16.98% | 11.07% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ARP | Weight in QAI | Overlap | |
|---|---|---|---|---|---|
| PDBC | D | 1.46% | -0.14% | -0.14% |
ARP Underweight 31 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -17.06% | |
| MUB | C | -2.71% | |
| SIVR | D | -0.03% | |
| PIN | D | -0.0% | |
| FLJP | D | -0.0% | |
| KMLM | F | --0.02% | |
| SPHQ | A | --0.02% | |
| CTA | A | --0.02% | |
| BBJP | D | --0.02% | |
| COMT | D | --0.03% | |
| PFFD | C | --0.04% | |
| JEPI | A | --0.05% | |
| DBMF | D | --0.07% | |
| ARB | B | --0.09% | |
| SRLN | A | --0.18% | |
| BKLN | A | --0.2% | |
| VTEB | B | --0.21% | |
| DBA | B | --0.22% | |
| MTUM | A | --0.22% | |
| PFF | C | --0.23% | |
| STIP | C | --0.31% | |
| MNA | C | --0.33% | |
| ICVT | A | --0.33% | |
| FLRN | A | --0.47% | |
| CWB | A | --0.58% | |
| UUP | A | --0.61% | |
| SGOV | B | --0.72% | |
| BIL | A | --0.94% | |
| IGOV | F | --1.0% | |
| BWX | F | --2.12% | |
| BTAL | F | --2.68% |
ARP: Top Represented Industries & Keywords
Industries:
Keywords:
ETF
Exchange Traded Fund
Exchange Traded Funds
Exchange Traded Products
Bear Market ETF
Bloomberg Barclays Us Aggregate Bond Index
Bond
Bond Fund
Bond Market
Bullion
Commodity
Commodity Markets
Commodity Trading Advisor
Government Bonds
Index Fund
Inverse ETF
Invesco Powershares
Managed Futures Account
Mutual Fund
Mutual Fund Trust
QAI: Top Represented Industries & Keywords
Industries:
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