FDCE vs. QAI ETF Comparison

Comparison of Foundations Dynamic Core ETF (FDCE) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)

FDCE

Foundations Dynamic Core ETF

FDCE Description

The fund is an actively managed exchanged traded fund ("ETF") that, under normal market conditions, primarily invests, directly or indirectly, in equity securities and other instruments with exposure to the U.S. equity market, including derivatives.

Grade (RS Rating)

Last Trade

$11.87

Average Daily Volume

44,529

Number of Holdings ^*

* 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

$30.91

Average Daily Volume

61,087

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDCE	QAI
30 Days	1.23%	-0.03%
60 Days	4.25%	0.75%
90 Days	0.93%	0.45%
12 Months		8.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDCE	Weight in QAI	Overlap

FDCE Overweight 5 Positions Relative to QAI

Symbol	Grade	Weight
VTI	A	28.26%
IJR	D	25.96%
IVV	A	18.92%
VV	A	9.46%
IJH	D	9.0%

FDCE Underweight 43 Positions Relative to QAI

Symbol	Grade	Weight
FLOT	A	-15.56%
MUB	A	-3.57%
SIVR	C	-0.0%
GLDM	D	--0.01%
SPHQ	B	--0.01%
PIN	A	--0.01%
FLJP	C	--0.01%
VGLT	B	--0.02%
CTA	C	--0.03%
BBJP	C	--0.04%
SCHG	A	--0.04%
KMLM	F	--0.05%
COMT	C	--0.05%
PFFD	A	--0.07%
VMBS	A	--0.07%
MBB	A	--0.12%
ARB	B	--0.17%
DBMF	A	--0.18%
SOXX	B	--0.22%
HYLB	A	--0.23%
MTUM	B	--0.3%
PDBC	D	--0.33%
DBA	C	--0.37%
SRLN	A	--0.42%
SCHR	A	--0.42%
JEPI	A	--0.45%
PFF	A	--0.46%
BKLN	A	--0.5%
VTEB	A	--0.51%
STIP	A	--0.53%
ICVT	A	--0.53%
JEPQ	A	--0.55%
FXB	A	--0.55%
MNA	D	--0.66%
FLRN	A	--0.82%
UUP	A	--0.92%
CWB	A	--1.07%
IGOV	C	--1.21%
SGOV	B	--1.25%
VGIT	A	--1.26%
BWX	F	--2.02%
BIL	B	--2.04%
BTAL	B	--3.36%

FDCE: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Bloomberg Barclays Us Aggregate Bond Index Fundamentally Based Indexes Midcap New York Stock Exchange S&P 400 S&P 600 S&P Small Cap 600 Growth Index Stock Market Index

QAI: Top Represented Industries & Keywords

Industries: