IQ Candriam U.S. Mid Cap Equity ETF (IQSM)
IQSM is a passive ETF by IndexIQ tracking the investment results of the IQ Candriam ESG U.S. Mid Cap Equity Index - Benchmark TR Net. IQSM launched on Oct 24, 2022 and has a 0.15% expense ratio.
ETF Info
US45409B2482
Oct 24, 2022
1x
IQ Candriam ESG U.S. Mid Cap Equity Index - Benchmark TR Net
Mid-Cap
Blend
Expense Ratio
IQSM has an expense ratio of 0.15%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in IQ Candriam U.S. Mid Cap Equity 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 Candriam U.S. Mid Cap Equity ETF had a return of 3.69% year-to-date (YTD) and 11.09% in the last 12 months.
IQSM
3.69%
0.39%
8.00%
11.09%
N/A
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of IQSM, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.08% | 3.69% | |||||||||||
| 2024 | -1.29% | 4.70% | 4.24% | -7.80% | 3.21% | -1.25% | 5.52% | 0.90% | 2.14% | -0.73% | 7.78% | -7.33% | 9.15% |
| 2023 | 10.04% | -2.55% | -3.69% | -1.25% | -2.24% | 8.62% | 3.97% | -3.23% | -6.16% | -6.32% | 10.52% | 9.41% | 15.82% |
| 2022 | 1.38% | 6.56% | -5.32% | 2.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IQSM is 31, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for IQ Candriam U.S. Mid Cap Equity ETF (IQSM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
IQ Candriam U.S. Mid Cap Equity ETF provided a 1.18% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.34 | $0.09 |
Dividend yield | 1.18% | 1.23% | 1.11% | 0.32% |
Monthly Dividends
The table displays the monthly dividend distributions for IQ Candriam U.S. Mid Cap Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.40 |
| 2023 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.34 |
| 2022 | $0.09 | $0.09 |
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 Candriam U.S. Mid Cap Equity 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 Candriam U.S. Mid Cap Equity ETF was 16.40%, occurring on Oct 27, 2023. Recovery took 33 trading sessions.
The current IQ Candriam U.S. Mid Cap Equity ETF drawdown is 4.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.4% | Feb 3, 2023 | 185 | Oct 27, 2023 | 33 | Dec 14, 2023 | 218 |
| -8.52% | Nov 26, 2024 | 30 | Jan 10, 2025 | — | — | — |
| -8.29% | Apr 1, 2024 | 14 | Apr 18, 2024 | 93 | Aug 30, 2024 | 107 |
| -6.87% | Dec 5, 2022 | 17 | Dec 28, 2022 | 9 | Jan 11, 2023 | 26 |
| -4.24% | Sep 3, 2024 | 4 | Sep 6, 2024 | 7 | Sep 17, 2024 | 11 |
Volatility
Volatility Chart
The current IQ Candriam U.S. Mid Cap Equity ETF volatility is 3.34%, 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.