MAMB vs. QAI ETF Comparison
Comparison of Monarch Ambassador Income ETF (MAMB) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
MAMB
Monarch Ambassador Income ETF
MAMB Description
The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.
Grade (RS Rating)
Last Trade
$21.65
Average Daily Volume
11,563
5
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
$30.68
Average Daily Volume
102,958
41
Performance
| Period | MAMB | QAI |
|---|---|---|
| 30 Days | -2.28% | -0.29% |
| 60 Days | -0.95% | 1.05% |
| 90 Days | -1.59% | 1.93% |
| 12 Months | -1.66% | 8.94% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MAMB | Weight in QAI | Overlap | |
|---|---|---|---|---|---|
| MBB | D | 12.41% | -0.12% | -0.12% |
MAMB Underweight 40 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.77% | |
| MUB | B | -3.6% | |
| SIVR | B | -0.0% | |
| GLDM | B | --0.01% | |
| SPHQ | B | --0.01% | |
| PIN | A | --0.01% | |
| FLJP | D | --0.01% | |
| VGLT | D | --0.02% | |
| CTA | A | --0.03% | |
| BBJP | D | --0.04% | |
| SCHG | C | --0.04% | |
| KMLM | A | --0.05% | |
| COMT | A | --0.05% | |
| VMBS | D | --0.07% | |
| PFFD | C | --0.08% | |
| ARB | B | --0.17% | |
| DBMF | A | --0.18% | |
| SOXX | C | --0.18% | |
| HYLB | B | --0.23% | |
| MTUM | C | --0.3% | |
| PDBC | A | --0.34% | |
| DBA | A | --0.36% | |
| SRLN | A | --0.41% | |
| SCHR | F | --0.41% | |
| JEPI | B | --0.45% | |
| PFF | C | --0.47% | |
| BKLN | A | --0.53% | |
| JEPQ | B | --0.55% | |
| VTEB | C | --0.55% | |
| FXB | C | --0.57% | |
| ICVT | C | --0.57% | |
| STIP | B | --0.57% | |
| MNA | F | --0.71% | |
| FLRN | A | --0.86% | |
| UUP | A | --0.97% | |
| BIL | A | --1.05% | |
| CWB | C | --1.15% | |
| VGIT | F | --1.26% | |
| SGOV | A | --1.28% | |
| BWX | F | --2.08% |
MAMB: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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