GAA vs. QAI ETF Comparison
Comparison of Cambria Global Asset Allocation ETF (GAA) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
GAA
Cambria Global Asset Allocation ETF
GAA Description
The investment seeks to track the performance, before fees and expenses, of the Cambria Global Asset Allocation Index. Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index or in depositary receipts representing components of the underlying index. The underlying index is designed to provide diversified exposure, including inverse exposure, to all of the major world asset classes in the various regions, countries and sectors around the globe.
Grade (RS Rating)
Last Trade
$29.26
Average Daily Volume
9,982
19
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
$32.55
Average Daily Volume
69,014
32
Performance
| Period | GAA | QAI |
|---|---|---|
| 30 Days | 1.13% | 1.62% |
| 60 Days | -0.90% | 1.43% |
| 90 Days | 1.31% | 3.43% |
| 12 Months | 13.81% | 11.14% |
1 Overlapping Holdings
| Symbol | Grade | Weight in GAA | Weight in QAI | Overlap | |
|---|---|---|---|---|---|
| PDBC | D | 5.72% | -0.14% | -0.14% |
GAA Underweight 31 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -17.06% | |
| MUB | B | -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 | A | --0.09% | |
| SRLN | A | --0.18% | |
| BKLN | A | --0.2% | |
| VTEB | A | --0.21% | |
| DBA | A | --0.22% | |
| MTUM | A | --0.22% | |
| PFF | C | --0.23% | |
| STIP | B | --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% |
GAA: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
Compare ETFs
