QAI vs. PMIO ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to PGIM Municipal Income Opportunities ETF (PMIO)
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
PMIO
PGIM Municipal Income Opportunities ETF
PMIO Description
Under normal circumstances, the fund invests at least 80% of its investable assets in municipal obligations whose income is exempt from federal income taxes. For purposes of this policy, such municipal obligations include zero coupon bonds, variable rate demand obligations, short term municipal notes, tax-exempt commercial paper, municipal lease obligations etc.Grade (RS Rating)
Last Trade
$51.05
Average Daily Volume
251
2
Performance
Period | QAI | PMIO |
---|---|---|
30 Days | 0.86% | 0.48% |
60 Days | 1.79% | 0.21% |
90 Days | 2.63% | 0.72% |
12 Months | 10.59% |
QAI Overweight 30 Positions Relative to PMIO
Symbol | Grade | Weight | |
---|---|---|---|
FLOT | A | 17.06% | |
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% | |
SRLN | A | -0.18% | |
BKLN | A | -0.2% | |
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 0 Positions Relative to PMIO
Symbol | Grade | Weight |
---|
QAI: Top Represented Industries & Keywords
PMIO: Top Represented Industries & Keywords