QAI vs. DWAT ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to Arrow DWA Tactical ETF (DWAT)
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
$31.00
Average Daily Volume
95,266
43
DWAT
Arrow DWA Tactical ETF
DWAT Description
The investment seeks to achieve long-term capital appreciation with capital preservation as a secondary objective. The fund primarily invests in other exchange traded funds that each invest primarily in domestic and foreign, equity securities of any market capitalization, fixed-income securities of any credit quality, or alternative assets. The fund may invest up to 25% of its total assets in the Tactical Subsidiary. The Tactical Subsidiary will invest primarily in commodity futures, fixed-income securities and cash equivalents, which are intended to serve as margin or collateral for its investments in commodity futures. The fund is non-diversified.Grade (RS Rating)
Last Trade
$10.98
Average Daily Volume
2,302
4
Performance
| Period | QAI | DWAT |
|---|---|---|
| 30 Days | 2.11% | 4.45% |
| 60 Days | 1.21% | 3.11% |
| 90 Days | 2.31% | 3.91% |
| 12 Months | 10.00% | 11.27% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QAI | Weight in DWAT | Overlap | |
|---|---|---|---|---|---|
| MTUM | B | -0.29% | 8.74% | -0.29% |
QAI Overweight 42 Positions Relative to DWAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | 15.65% | |
| MUB | B | 3.6% | |
| SIVR | A | 0.0% | |
| GLDM | B | -0.01% | |
| SPHQ | A | -0.01% | |
| PIN | B | -0.01% | |
| FLJP | D | -0.01% | |
| VGLT | C | -0.02% | |
| CTA | B | -0.03% | |
| BBJP | D | -0.04% | |
| SCHG | A | -0.04% | |
| KMLM | F | -0.05% | |
| COMT | C | -0.05% | |
| PFFD | C | -0.07% | |
| VMBS | B | -0.07% | |
| MBB | B | -0.12% | |
| ARB | C | -0.17% | |
| SOXX | B | -0.19% | |
| DBMF | C | -0.19% | |
| HYLB | A | -0.23% | |
| PDBC | B | -0.34% | |
| DBA | D | -0.37% | |
| SRLN | A | -0.42% | |
| SCHR | B | -0.42% | |
| JEPI | B | -0.45% | |
| PFF | B | -0.46% | |
| BKLN | A | -0.5% | |
| VTEB | B | -0.52% | |
| ICVT | B | -0.53% | |
| FXB | B | -0.54% | |
| STIP | B | -0.54% | |
| JEPQ | A | -0.54% | |
| MNA | C | -0.67% | |
| FLRN | A | -0.83% | |
| UUP | B | -0.94% | |
| CWB | B | -1.06% | |
| IGOV | C | -1.22% | |
| VGIT | B | -1.26% | |
| SGOV | B | -1.27% | |
| BWX | C | -2.06% | |
| BIL | B | -2.07% | |
| BTAL | D | -3.35% |
QAI: Top Represented Industries & Keywords
DWAT: Top Represented Industries & Keywords
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