IQ MacKay ESG High Income ETF (IQHI)
IQHI is an actively managed ETF by IndexIQ. IQHI launched on Oct 24, 2022 and has a 0.40% expense ratio.
ETF Info
| ISIN | US45409F7362 |
|---|---|
| Issuer | IndexIQ |
| Inception Date | Oct 24, 2022 |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
IQHI features an expense ratio of 0.40%, falling within the medium range.
Share Price Chart
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Popular comparisons: IQHI vs. HYBL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in IQ MacKay ESG High Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
IQ MacKay ESG High Income ETF had a return of 7.27% year-to-date (YTD) and 14.32% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.27% | 25.70% |
| 1 month | 0.87% | 3.51% |
| 6 months | 6.38% | 14.80% |
| 1 year | 14.32% | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of IQHI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.06% | 0.02% | 1.04% | -1.14% | 1.07% | 1.03% | 1.44% | 1.99% | 1.63% | -0.85% | 7.27% | ||
| 2023 | 3.56% | -1.61% | 2.15% | 0.45% | -1.17% | 1.56% | 1.22% | 0.35% | -1.43% | -1.12% | 4.36% | 3.67% | 12.40% |
| 2022 | 1.34% | 2.04% | -0.61% | 2.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of IQHI is 94, placing it in the top 6% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for IQ MacKay ESG High Income ETF (IQHI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
IQ MacKay ESG High Income ETF provided a 7.35% dividend yield over the last twelve months, with an annual payout of $1.97 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $1.97 | $1.84 | $0.33 |
Dividend yield | 7.35% | 6.91% | 1.28% |
Monthly Dividends
The table displays the monthly dividend distributions for IQ MacKay ESG High Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.17 | $0.15 | $0.16 | $0.16 | $0.19 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $1.62 | |
| 2023 | $0.00 | $0.15 | $0.14 | $0.16 | $0.15 | $0.14 | $0.14 | $0.15 | $0.15 | $0.16 | $0.16 | $0.35 | $1.84 |
| 2022 | $0.33 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the IQ MacKay ESG High Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the IQ MacKay ESG High Income ETF was 4.19%, occurring on Feb 21, 2023. Recovery took 80 trading sessions.
The current IQ MacKay ESG High Income ETF drawdown is 0.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.19% | Feb 3, 2023 | 12 | Feb 21, 2023 | 80 | Jun 15, 2023 | 92 |
| -3.41% | Sep 5, 2023 | 34 | Oct 20, 2023 | 17 | Nov 14, 2023 | 51 |
| -2.41% | Dec 14, 2022 | 10 | Dec 28, 2022 | 7 | Jan 9, 2023 | 17 |
| -1.92% | Dec 28, 2023 | 6 | Jan 5, 2024 | 18 | Feb 1, 2024 | 24 |
| -1.9% | Apr 1, 2024 | 12 | Apr 16, 2024 | 21 | May 15, 2024 | 33 |
Volatility
Volatility Chart
The current IQ MacKay ESG High Income ETF volatility is 0.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.