CEFS vs. QAI ETF Comparison
Comparison of Exchange Listed Funds Trust ETF (CEFS) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
CEFS
Exchange Listed Funds Trust ETF
CEFS Description
The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.
Grade (RS Rating)
Last Trade
$20.60
Average Daily Volume
45,706
98
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
$30.98
Average Daily Volume
95,001
43
Performance
| Period | CEFS | QAI |
|---|---|---|
| 30 Days | 4.19% | 0.90% |
| 60 Days | 4.96% | 0.96% |
| 90 Days | 8.25% | 2.50% |
| 12 Months | 27.32% | 9.33% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CEFS | Weight in QAI | Overlap |
|---|
CEFS Overweight 98 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| BIGZ | D | 19.11% | |
| EMO | A | 17.65% | |
| ADX | A | 11.87% | |
| ASA | A | 11.28% | |
| CTR | A | 9.12% | |
| BCAT | B | 8.78% | |
| BFZ | D | 7.68% | |
| ENX | C | 5.75% | |
| ASGI | A | 5.66% | |
| PDX | A | 5.2% | |
| NQP | A | 4.55% | |
| NXJ | B | 4.35% | |
| JRI | A | 3.59% | |
| HQL | A | 3.56% | |
| BSTZ | C | 3.49% | |
| EVM | A | 3.38% | |
| HQH | A | 3.25% | |
| BMEZ | D | 3.2% | |
| EDD | C | 3.01% | |
| VTN | A | 2.54% | |
| MHI | A | 2.43% | |
| TEAF | B | 2.36% | |
| AFB | B | 1.79% | |
| VPV | A | 1.78% | |
| ECF | C | 1.64% | |
| KSM | A | 1.61% | |
| NFJ | B | 1.6% | |
| LGI | B | 1.59% | |
| FMN | A | 1.56% | |
| VGM | B | 1.47% | |
| NTG | A | 1.43% | |
| PGZ | B | 1.39% | |
| IDE | C | 1.16% | |
| NBH | C | 1.08% | |
| IHD | A | 1.02% | |
| CEV | B | 0.99% | |
| DMF | A | 0.95% | |
| LEO | B | 0.93% | |
| MAV | B | 0.82% | |
| GAM | A | 0.82% | |
| AOD | A | 0.8% | |
| HYB | B | 0.63% | |
| NZF | B | 0.62% | |
| VKQ | B | 0.61% | |
| IGA | B | 0.57% | |
| VCV | B | 0.56% | |
| CXE | B | 0.5% | |
| NDP | C | 0.47% | |
| NPFD | B | 0.42% | |
| DSM | C | 0.35% | |
| CPZ | A | 0.35% | |
| VMO | B | 0.34% | |
| TWN | C | 0.31% | |
| MFD | A | 0.29% | |
| CMU | A | 0.26% | |
| GNT | A | 0.25% | |
| VKI | B | 0.22% | |
| RA | C | 0.22% | |
| FGB | A | 0.2% | |
| TTP | A | 0.19% | |
| CXH | B | 0.18% | |
| MPA | D | 0.17% | |
| PCK | C | 0.15% | |
| DMB | C | 0.12% | |
| ERH | A | 0.12% | |
| BOE | A | 0.11% | |
| NML | A | 0.11% | |
| EOD | B | 0.09% | |
| TYG | A | 0.08% | |
| AGD | A | 0.05% | |
| SBI | B | 0.05% | |
| HEQ | A | 0.04% | |
| GRX | C | 0.04% | |
| DIAX | B | 0.03% | |
| PNI | B | 0.03% | |
| MYN | B | 0.02% | |
| KTF | B | 0.02% | |
| NAC | A | 0.02% | |
| MXE | D | 0.02% | |
| PEO | B | 0.01% | |
| MHN | A | 0.01% | |
| NAD | B | 0.01% | |
| DHF | A | 0.01% | |
| MUC | C | 0.01% | |
| PYN | B | 0.0% | |
| GLQ | A | 0.0% | |
| NOM | A | 0.0% | |
| NVG | B | 0.0% | |
| PFO | B | 0.0% | |
| NMT | C | 0.0% | |
| MIY | C | 0.0% | |
| MVT | B | 0.0% | |
| BNY | A | 0.0% | |
| BHV | C | 0.0% | |
| NAZ | B | 0.0% | |
| MUJ | D | 0.0% | |
| NAN | B | 0.0% | |
| FLC | A | 0.0% |
CEFS Underweight 43 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.65% | |
| MUB | A | -3.6% | |
| SIVR | B | -0.0% | |
| GLDM | B | --0.01% | |
| SPHQ | A | --0.01% | |
| PIN | B | --0.01% | |
| FLJP | D | --0.01% | |
| VGLT | D | --0.02% | |
| CTA | A | --0.03% | |
| BBJP | D | --0.04% | |
| SCHG | A | --0.04% | |
| KMLM | F | --0.05% | |
| COMT | D | --0.05% | |
| PFFD | D | --0.07% | |
| VMBS | C | --0.07% | |
| MBB | C | --0.12% | |
| ARB | C | --0.17% | |
| SOXX | C | --0.19% | |
| DBMF | B | --0.19% | |
| HYLB | A | --0.23% | |
| MTUM | C | --0.29% | |
| PDBC | B | --0.34% | |
| DBA | D | --0.37% | |
| SRLN | A | --0.42% | |
| SCHR | D | --0.42% | |
| JEPI | B | --0.45% | |
| PFF | D | --0.46% | |
| BKLN | A | --0.5% | |
| VTEB | A | --0.52% | |
| ICVT | B | --0.53% | |
| FXB | C | --0.54% | |
| STIP | B | --0.54% | |
| JEPQ | A | --0.54% | |
| MNA | D | --0.67% | |
| FLRN | A | --0.83% | |
| UUP | B | --0.94% | |
| CWB | B | --1.06% | |
| IGOV | D | --1.22% | |
| VGIT | C | --1.26% | |
| SGOV | B | --1.27% | |
| BWX | F | --2.06% | |
| BIL | B | --2.07% | |
| BTAL | D | --3.35% |
CEFS: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
Compare ETFs
