QAI vs. VEGA ETF Comparison
Comparison of IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI) to AdvisorShares STAR Global Buy-Write ETF (VEGA)
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
VEGA
AdvisorShares STAR Global Buy-Write ETF
VEGA Description
The investment seeks consistent repeatable returns across all market cycles. The fund is a "fund of funds" and intends to invest primarily in exchange-traded funds ("ETFs") and exchange-traded notes ("ETNs") that seek to track a diversified basket of global indices and investment sectors that meet certain selection criteria. It also may invest, subject to the same selection criteria, in exchange-traded pooled investment vehicles. The Sub-Advisor seeks to achieve the fund's investment objective by using a proprietary overwrite strategy known as Volatility Enhanced Global Appreciation ("VEGA").Grade (RS Rating)
Last Trade
$41.54
Average Daily Volume
3,255
5
Performance
| Period | QAI | VEGA |
|---|---|---|
| 30 Days | 2.11% | 4.49% |
| 60 Days | 1.21% | 2.14% |
| 90 Days | 2.31% | 4.47% |
| 12 Months | 10.00% | 15.04% |
1 Overlapping Holdings
| Symbol | Grade | Weight in QAI | Weight in VEGA | Overlap | |
|---|---|---|---|---|---|
| MBB | D | -0.12% | 4.25% | -0.12% |
QAI Overweight 42 Positions Relative to VEGA
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | 15.65% | |
| MUB | A | 3.6% | |
| SIVR | C | 0.0% | |
| GLDM | B | -0.01% | |
| SPHQ | A | -0.01% | |
| PIN | B | -0.01% | |
| FLJP | C | -0.01% | |
| VGLT | F | -0.02% | |
| CTA | D | -0.03% | |
| BBJP | C | -0.04% | |
| SCHG | A | -0.04% | |
| KMLM | F | -0.05% | |
| COMT | D | -0.05% | |
| PFFD | D | -0.07% | |
| VMBS | D | -0.07% | |
| ARB | D | -0.17% | |
| SOXX | B | -0.19% | |
| DBMF | D | -0.19% | |
| HYLB | C | -0.23% | |
| MTUM | C | -0.29% | |
| PDBC | D | -0.34% | |
| DBA | A | -0.37% | |
| SRLN | A | -0.42% | |
| SCHR | F | -0.42% | |
| JEPI | B | -0.45% | |
| PFF | B | -0.46% | |
| BKLN | A | -0.5% | |
| VTEB | A | -0.52% | |
| ICVT | A | -0.53% | |
| FXB | A | -0.54% | |
| STIP | C | -0.54% | |
| JEPQ | A | -0.54% | |
| MNA | F | -0.67% | |
| FLRN | A | -0.83% | |
| UUP | F | -0.94% | |
| CWB | A | -1.06% | |
| IGOV | C | -1.22% | |
| VGIT | F | -1.26% | |
| SGOV | A | -1.27% | |
| BWX | C | -2.06% | |
| BIL | A | -2.07% | |
| BTAL | F | -3.35% |
QAI: Top Represented Industries & Keywords
VEGA: Top Represented Industries & Keywords
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