New York Life Investment Management is the asset management arm of New York Life Insurance, offering ETFs under the IndexIQ brand. New York Life ETFs cover equity, fixed income, alternative strategies, and hedge fund replication approaches across domestic and international markets. The New York Life ETF list includes both index-tracking and alternative strategy products. This page lets you compare New York Life ETFs on expense ratio, historical returns, dividend yield, max drawdown, Sharpe ratio, Sortino ratio, and Risk/Return Score — useful for evaluating equity, fixed income, and alternative funds for portfolio construction, diversification, or long-term investing.

New York Life

NYSEArca

MMIN

MMIT

NYLI Hedge Multi-Strategy Tracker ETF seeks to track the NYLI Hedge Multi-Strategy Index, which is designed to replicate hedge-fund-like risk and return characteristics.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
MMIN	IQ MacKay Municipal Insured ETF	2.23	0.06	—	86
MMIT	IQ MacKay Municipal Intermediate ETF	1.97	0.23	—	73
QAI	NYLI Hedge Multi-Strategy Tracker ETF	1.77	0.66	0.59	80
HFXI	IQ 50 Percent Hedged FTSE International ETF	1.72	0.79	0.67	75
IQSU	IQ Candriam ESG U.S. Equity ETF	1.47	0.62	—	60

Top New York Life ETFs by Sharpe Ratio

Top New York Life ETFs by Sharpe Ratio