QAI vs. BINC ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to BlackRock Flexible Income ETF (BINC)
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
$32.40
Average Daily Volume
89,399
32
BINC
BlackRock Flexible Income ETF
BINC Description
Under normal market conditions, the fund will invest in a combination of fixed-income securities, including, but not limited to: high yield securities; obligations issued or guaranteed by the U.S. government, its agencies or instrumentalities; mortgage-backed securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The fund is non-diversified.Grade (RS Rating)
Last Trade
$52.61
Average Daily Volume
985,870
3
Performance
Period | QAI | BINC |
---|---|---|
30 Days | 0.86% | 0.04% |
60 Days | 1.79% | -0.54% |
90 Days | 2.63% | 0.50% |
12 Months | 10.59% | 8.80% |
QAI Overweight 30 Positions Relative to BINC
Symbol | Grade | Weight | |
---|---|---|---|
FLOT | A | 17.06% | |
MUB | B | 2.71% | |
SIVR | C | 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 | C | -0.03% | |
PFFD | D | -0.04% | |
JEPI | A | -0.05% | |
DBMF | D | -0.07% | |
ARB | A | -0.09% | |
PDBC | C | -0.14% | |
VTEB | B | -0.21% | |
DBA | B | -0.22% | |
MTUM | A | -0.22% | |
PFF | D | -0.23% | |
STIP | C | -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 | D | -2.68% |
QAI Underweight 1 Positions Relative to BINC
Symbol | Grade | Weight | |
---|---|---|---|
USHY | A | -0.71% |
QAI: Top Represented Industries & Keywords
BINC: Top Represented Industries & Keywords