NYLI Hedge Multi-Strategy Tracker ETF (QAI) Price, Holdings, & News

ETF Overview

The IQ Hedge Multi-Strategy Tracker ETF (QAI) is an exchange-traded fund that is based on the IQ Hedge Multi-Strategy index. The fund tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs. QAI was launched on Mar 25, 2009 and is managed by IndexIQ.

Key Stats

• Today's Range: $32.82 to $32.99
• 50-Day Range: $31.92 to $32.94
• 52-Week Range: $29.57 to $33.65
• Volume: 14,031 shs
• Average Volume: 78,988 shs
• Market Capitalization: $709.13 million
• Assets Under Management: $705.21 million
• Dividend Yield: 2.10%
• Net Expense Ratio: 0.91%
• Aggregate Rating: N/A

QAI ETF - Frequently Asked Questions

How have QAI shares performed this year?

NYLI Hedge Multi-Strategy Tracker ETF's stock was trading at $31.41 at the beginning of 2025. Since then, QAI shares have increased by 4.6% and is now trading at $32.8550.

Who are NYLI Hedge Multi-Strategy Tracker ETF's major shareholders?

NYLI Hedge Multi-Strategy Tracker ETF's top institutional shareholders include Alaska Permanent Capital Management LLC (7.06%), Alaska Wealth Advisors (4.31%), Verdence Capital Advisors LLC (1.74%) and Endowment Wealth Management Inc. (1.00%).

How do I buy shares of NYLI Hedge Multi-Strategy Tracker ETF?

Shares of QAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NYLI Hedge Multi-Strategy Tracker ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NYLI Hedge Multi-Strategy Tracker ETF investors own include NYLI Merger Arbitrage ETF (MNA), iShares Core 60/40 Balanced Allocation ETF (AOR), MKS (MKSI), Invesco DB Commodity Index Tracking Fund (DBC), Cronos Group (CRON), Costamare (CMRE) and Chipotle Mexican Grill (CMG).

Fund Details

• Issuer: New York Life Investments
• Fund Name: NYLI Hedge Multi-Strategy Tracker ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:QAI
• Inception Date: 3/24/2009
• Fund Manager: Greg Barrato, Francis Ok
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Multi Asset
• Benchmark: NYLI Hedge Multi-Strategy Index
• Category: Absolute Returns
• Focus: Global Macro
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 200

Fund Statistics

• Assets Under Management: $705.21 million
• Average Daily Volume: $69.10 thousand
• Discount/Premium: -0.01%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: New York Life Investment Management, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: ALPS Distributors, Inc.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 1
• Put Options: 1
• Call Options: 1
• Short Interest: 156,000 shs

Miscellaneous

• Outstanding Shares: 21,600,000
• Beta: 0.30
• Creation Unit: 50,000
• Creation Fee: $500.00