INKM vs. QAI ETF Comparison
Comparison of SPDR SSgA Income Allocation ETF (INKM) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
INKM
SPDR SSgA Income Allocation ETF
INKM Description
The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund invests substantially all of its assets in the SSgA Income Allocation Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. It invests the assets of the Portfolio among ETPs that provide exposure to four primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment grade and high yield debt securities; (iii) hybrid equity/debt securities; and (iv) REITs.
Grade (RS Rating)
Last Trade
$30.92
Average Daily Volume
7,366
13
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
$30.82
Average Daily Volume
99,346
43
Performance
| Period | INKM | QAI |
|---|---|---|
| 30 Days | 0.18% | 0.10% |
| 60 Days | 0.05% | 0.49% |
| 90 Days | 1.62% | 2.60% |
| 12 Months | 6.82% | 8.99% |
INKM Underweight 40 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.81% | |
| MUB | A | -3.61% | |
| SIVR | B | -0.0% | |
| GLDM | B | --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 | A | --0.04% | |
| KMLM | D | --0.05% | |
| COMT | B | --0.05% | |
| PFFD | C | --0.07% | |
| VMBS | C | --0.07% | |
| MBB | C | --0.12% | |
| ARB | B | --0.17% | |
| SOXX | C | --0.18% | |
| DBMF | B | --0.19% | |
| HYLB | A | --0.23% | |
| MTUM | C | --0.29% | |
| PDBC | B | --0.34% | |
| DBA | C | --0.37% | |
| SCHR | D | --0.42% | |
| JEPI | C | --0.45% | |
| PFF | C | --0.46% | |
| BKLN | A | --0.51% | |
| VTEB | A | --0.52% | |
| JEPQ | A | --0.52% | |
| ICVT | B | --0.53% | |
| FXB | C | --0.55% | |
| STIP | A | --0.55% | |
| MNA | D | --0.67% | |
| FLRN | A | --0.84% | |
| UUP | A | --0.95% | |
| IGOV | D | --1.22% | |
| VGIT | D | --1.26% | |
| SGOV | B | --1.28% | |
| BWX | D | --2.05% | |
| BTAL | C | --3.4% |
INKM: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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