GMOM vs. QAI ETF Comparison
Comparison of Cambria Global Momentum ETF (GMOM) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
GMOM
Cambria Global Momentum ETF
GMOM Description
The investment seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction. The fund is considered a "fund of funds" that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors.
Grade (RS Rating)
Last Trade
$28.42
Average Daily Volume
14,160
8
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
$30.53
Average Daily Volume
104,272
41
Performance
| Period | GMOM | QAI |
|---|---|---|
| 30 Days | -1.63% | -0.70% |
| 60 Days | 1.78% | 0.56% |
| 90 Days | 4.53% | 1.43% |
| 12 Months | 6.21% | 8.81% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GMOM | Weight in QAI | Overlap |
|---|
GMOM Underweight 41 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.8% | |
| MUB | B | -3.61% | |
| SIVR | A | -0.0% | |
| GLDM | A | --0.01% | |
| SPHQ | B | --0.01% | |
| PIN | A | --0.01% | |
| FLJP | C | --0.01% | |
| VGLT | D | --0.02% | |
| CTA | A | --0.03% | |
| BBJP | C | --0.04% | |
| SCHG | C | --0.04% | |
| KMLM | A | --0.05% | |
| COMT | A | --0.05% | |
| VMBS | D | --0.07% | |
| PFFD | B | --0.08% | |
| MBB | D | --0.12% | |
| ARB | C | --0.17% | |
| SOXX | C | --0.18% | |
| DBMF | A | --0.18% | |
| HYLB | B | --0.23% | |
| MTUM | C | --0.3% | |
| PDBC | A | --0.34% | |
| DBA | A | --0.37% | |
| SCHR | F | --0.41% | |
| SRLN | A | --0.42% | |
| JEPI | B | --0.45% | |
| PFF | B | --0.47% | |
| BKLN | A | --0.53% | |
| VTEB | C | --0.55% | |
| JEPQ | C | --0.56% | |
| ICVT | B | --0.57% | |
| FXB | B | --0.57% | |
| STIP | A | --0.57% | |
| MNA | F | --0.71% | |
| FLRN | A | --0.87% | |
| UUP | A | --0.97% | |
| BIL | A | --1.06% | |
| CWB | B | --1.15% | |
| VGIT | F | --1.26% | |
| SGOV | A | --1.28% | |
| BWX | F | --2.09% |
GMOM: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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