QMN IQ Hedge Market Neutral Tracker ETF All data as of 6/30/21
Fund description: The Fund seeks investment results that track, before fees and expenses, the price and yield performance of the IQ Hedge Marke t Neutral Index. The IQ Hedge Market Neutral Index attempts to replicate the risk-adjusted return characteristics of hedge funds using a market neutral hedge fund strategy. The Fund does not invest in hedge funds, and the Index does not include hedge funds as components. The Fund is not suitable for all investors.
Market neutral exposure Low correlation to bonds Portfolio diversifier Transparent, low -cost ETF exposure to the universe of Invests both long and short in equity markets, while Provides diversification benefits and low correlation to market neutral hedge funds. seeking to capture inefficiencies in relative valuations. other asset classes, which may improve a portfolio's risk/return profile.
Average Annual Total Returns (%) SI = Since Fund Inception (10/4/2012) Fund Details QTR YTD 1 Yr 3 Yrs 5 Yrs 10 Yrs SI Ticker QMN IQ Hedge Market Neutral Tracker ETF (NAV) 0.91 0.62 6.16 3.40 2.28 - 1.92 Stock Exchange NYSE Arca IQ Hedge Market Neutral Tracker ETF (MP) 0.92 0.66 6.24 3.40 2.27 - 1.92 Inception Date 10/04/2012 IQ Hedge Market Neutral Index 1.05 0.89 6.68 3.98 2.95 2.69 2.80 Total Net Assets $17.79 M HFRI Equity Market Neutral Index 3.19 5.15 7.88 1.80 2.64 2.63 3.19 Morningstar Category Equity Market Neutral IQ Hedge Market Neutral Bloomberg Barclays U.S. Short Treasury Bond Index 0.00 0.04 0.11 1.51 1.26 0.72 0.80 Benchmark Index Calendar Year Returns (%) Number of Holdings 48 2020 2019 2018 2017 2016 2015 2014 2013 Holdings Structure ETF of ETFs IQ Hedge Market Neutral Tracker ETF (NAV) 4.01 7.75 -2.16 2.42 2.25 -1.38 0.70 1.82 Fund Expenses* IQ Hedge Market Neutral Tracker ETF (MP) 4.04 7.73 -2.21 2.34 2.32 -1.58 0.74 2.47 Management Fee 0.75% IQ Hedge Market Neutral Index 4.51 8.53 -1.74 3.29 3.54 -0.20 2.12 2.56 Acquired Fund Fees and Other Expenses 0.22% HFRI Equity Market Neutral Index -0.11 2.33 -0.98 4.88 2.23 4.27 3.06 6.46 Total Annual Fund Operating Expenses 0.97% Bloomberg Barclays U.S. Short Treasury Bond 0.95 2.46 1.88 0.81 0.53 0.13 0.09 0.14 Index Expense Waiver/Reimbursement -0.35% Total Annual Fund Operating Expenses After Returns represent past performance which is no guarantee of future results. Current performance may be lower or 0.62% higher. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less Waiver/Reimbursement than their original cost. Visit www.newyorklifeinvestments.com for the most recent month-end performance. Index Details Expenses stated are as of the fund's most recent prospectus. Ticker IQHGMN *Since Inception Performance as of 9/30/2012. Inception Date 09/15/2008 Portfolio data as of 6/30/21. Percentages based on total net assets and may change daily. Beta vs. S&P 500 Index 0.22
Top Holdings 1 (%) Maximum Drawdown: Since Index Inception Long Short IQ Hedge HFRI Equity Iq Ultra Short Duration ETF 36.21 Powershares Db US Dollar Index Bullish Fund -2.41 Market Market
Invesco Senior Loan ETF 11.05 Vanguard Value ETF -1.58 Neutral Neutral S&P 500 SPDR Blackstone / GSO Senior Loan ETF 8.79 iShares U.S. Preferred Stock ETF -1.16 Index Index Index Maximum Drawdown -6.25% -5.89% -36.13% SPDR Bbg Barc Intl Treasury 8.51 iShares Tips Bond ETF -0.97 Drawdown Start Sep–08 Apr–11 Sep–08 iShares Short Treasury Bond 5.80 iShares iBoxx H -0.89 Drawdown End Feb–09 Sep–11 Feb–09 iShares 3-7 Year Treasury Bond ETF 4.19 Recovery Date Apr–09 Jan–13 Mar–10 iShares MBS ETF 3.90 iShares Floating Rate Bond E 3.00 The maximum drawdown analysis measures the largest decline between any two points in the daily return history of Vanguard Intermediate-Term T 2.85 the respective indexes, and indicates the time period during Vanguard FTSE Emerging Marke 2.76 which such drawdown occurred, as well as the date on which
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are the index's returns had fully recovered (if applicable) all losses calculated using the daily 4:00 pm ET net asset value (NAV). Since May 31, 2016, the price used to calculate the market price incurred during the drawdown period. returns ("MP") is the mean between the day's last bid and ask prices on the fund's primary exchange. Any market price returns *As stated in the Fund's prospectus, the management fee of prior to May 31, 2016 were calculated using the day's closing price on the fund's primary exchange. The market price returns 0.75% is expressed as a unitary fee to cover expenses do not represent returns an investor would receive if shares were traded at other times. incurred in connection with managing the portfolio. Index performance is for illustrative purposes only and does not represent actual Fund performance. One cannot invest directl y Performance reflects a contractual fee waiver and/or expense in an index. Performance data for the Index assumes reinvestment of dividends and is net of the management fees for the limitation agreement in effect through 8/31/21, without which Index's components, as applicable, but it does not reflect management fees, transaction costs or other expenses that you would total returns may have been lower. This agreement renews pay if you invested in the Fund directly. No representation is being made that any investment will achieve performance similar to automatically for one-year terms unless written notice is that shown. provided before the start of the next term or upon approval of the Board.
Not FDIC/NCUA Insured Not a Deposit May Lose Value No Bank Guarantee Not Insured by Any Government Agency
QMN IQ Hedge Market Neutral Tracker ETF
1 Asset Mix (%) ¢ U.S. Ultra Short Term Bond 44.64 ¢ Bank Loan 19.84 ¢ International Bond 8.51 ¢ U.S. Medium Term Treasury Bond 8.33 ¢ Mortgage Backed 6.73 ¢ Emerging Equity 5.49 ¢ Floating Rate - Investment Grade 4.15 ¢ Investment Grade Corporate Bond 3.78 ¢ International Equity 2.40 ¢ Municipal Bond 1.36 ¢ Convertible Bonds 1.01 ¢ U.S. Momentum 0.93 ¢ High Yield Corporate Bond 0.68 ¢ Emerging Bonds - Local Currency 0.54 ¢ U.S. Small Cap Value 0.05 ¢ U.S. Large Cap Core -0.57 ¢ Treasury Inflation Protected -1.57 Securities ¢ U.S. Preferred -1.59 ¢ U.S. Large Cap Value -2.31 -10 0 10 20 30 40 50 Currencies -2.41 ¢
888-474-7725 www.newyorklifeinvestments.com Before considering an investment in the Fund, you should understand that you could lose money . The Fund's investment performance, because it is a fund of funds, depends on the investment performance of the underlying ETFs in which it invests. There is no guarantee that the Fund itself, or any of the ETFs in the Fund's portfolio, will perform exactly as its underlying index. The Fund's underlying ETFs invest in: foreign securities, which subject them to risk of loss not typ ically associated with domestic markets, such as currency fluctuations and political uncertainty; commodities markets, which subject them to greater volatility than investments in traditional securities, such as stocks and bonds; and fixed income securities, which subject them to credit risk –the possibility that the issuer of a security will be unable to make interest payments and/or repay the principal on its debt –and interest rate risk –changes in the value of a fixed-income security resulting from changes in interest rates. Leverage, including borrowing, will cause some of the Fund’s underlying ETFs to be more volatile than if the underlying ETFs had not been leveraged. The Fund does not invest in hedge funds and the Index does not include hedge funds as components. The Fund is not suitable for all investors. The Fund may experience a portfolio turnover rate of over 100% that will increase transaction costs and may generate short-term capital gains which are taxable. The IQ Hedge Market Neutral Index is the exclusive property of IndexIQ which has contracted with Solactive to maintain and ca lculate the Index. The IQ Hedge Market Neutral Index seeks to replicate the risk -adjusted return characteristics of the collective hedge funds using a market neutral hedge fund investment style. HFRI Equity Market Neutral Index an index focused on Equity Market Neutral stra tegies that employ sophisticated quantitative techniques of analyzing price data to ascertain information about future price movement and relationships between securities, select securities for purchase and sale. The Bloomberg Barclays U.S. Short Treasury Bond Index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of between 1 an d 12 months. The S&P 500 ® Index is widely regarded as the standard index for measuring large -cap U.S. stock market performance. Liquid alternatives (liquid alts) are alternative investment strategies that are available through alternative investment veh icles such as mutual funds, ETFs, and closed -end funds that provide daily liquidity. 1. Percentages based on total net assets and subject to change without notice.
Consider the Fund's investment objectives, risks, and charges and expenses carefully before investing. The prospectus and the statement of additional information include this and other relevant information about the Fund and are available by visiting www.newyorklifeinvestments.com or calling 888-474-7725. Read the prospectus carefully before investing. Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized brok er -dealers in large, specified blocks of shares called "creation units", and otherwise, can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in-kind. "New York Life Investments" is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. IndexIQ ® is the indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC and serves as the advisor to the IndexIQ ETFs. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs, and NYLIFE Distributors LLC is a distributor of the ETFs. NYLIFE Distributors LLC is located at 30 Hudson Street, Jersey City, NJ 07302. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a Member FINRA/SIPC. © 2021 IndexIQ. All rights reserved. Any unauthorized us e, disclosure, copying, dissemination, or redistribution of this information is strictly prohibited.
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