FISR vs. QAI ETF Comparison

Comparison of SPDR SSGA Fixed Income Sector Rotation ETF (FISR) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)

FISR

SPDR SSGA Fixed Income Sector Rotation ETF

FISR Description

The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund is a "fund of funds," meaning that it primarily invests its assets in securities of other exchange-traded funds ("ETFs"). Under normal circumstances, it invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly, or indirectly through the underlying ETFs, in fixed income securities. The fund or ETFs in which it invests may use derivative instruments to gain or hedge exposure to certain securities as an alternative to investing directly in such securities.

Grade (RS Rating)

Last Trade

$25.31

Average Daily Volume

135,651

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

$31.00

Average Daily Volume

95,266

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FISR	QAI
30 Days	1.62%	2.11%
60 Days	0.21%	1.21%
90 Days	0.46%	2.31%
12 Months	1.04%	10.00%

2 Overlapping Holdings

	Symbol	Grade	Weight in FISR	Weight in QAI	Overlap
	BIL	B	10.5%	-2.07%	-2.07%
	BWX	C	4.55%	-2.06%	-2.06%

FISR Overweight 0 Positions Relative to QAI

	Symbol	Grade	Weight

FISR Underweight 41 Positions Relative to QAI

Symbol	Grade	Weight
FLOT	A	-15.65%
MUB	B	-3.6%
SIVR	A	-0.0%
GLDM	B	--0.01%
SPHQ	A	--0.01%
PIN	B	--0.01%
FLJP	D	--0.01%
VGLT	C	--0.02%
CTA	B	--0.03%
BBJP	D	--0.04%
SCHG	A	--0.04%
KMLM	F	--0.05%
COMT	C	--0.05%
PFFD	C	--0.07%
VMBS	B	--0.07%
MBB	B	--0.12%
ARB	C	--0.17%
SOXX	B	--0.19%
DBMF	C	--0.19%
HYLB	A	--0.23%
MTUM	B	--0.29%
PDBC	B	--0.34%
DBA	D	--0.37%
SRLN	A	--0.42%
SCHR	B	--0.42%
JEPI	B	--0.45%
PFF	B	--0.46%
BKLN	A	--0.5%
VTEB	B	--0.52%
ICVT	B	--0.53%
FXB	B	--0.54%
STIP	B	--0.54%
JEPQ	A	--0.54%
MNA	C	--0.67%
FLRN	A	--0.83%
UUP	B	--0.94%
CWB	B	--1.06%
IGOV	C	--1.22%
VGIT	B	--1.26%
SGOV	B	--1.27%
BTAL	D	--3.35%

FISR: Top Represented Industries & Keywords

Industries:

Keywords: Index Fund Bond Market Indices U.S. Treasury

QAI: Top Represented Industries & Keywords

Industries: