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IQ Hedge Macro Tracker ETF (MCRO)

ETF · Currency in USD
ISIN
US45409B2060
CUSIP
45409B206
Issuer
New York Life
Inception Date
Jun 9, 2009
Region
Developed Markets (Broad)
Category
Global Equities
Expense Ratio
0.67%
Index Tracked
IQ Hedge Macro Index
ETF Home Page
www.newyorklifeinvestments.com
Asset Class
Alternatives

MCROPrice Chart


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MCROPerformance

The chart shows the growth of $10,000 invested in IQ Hedge Macro Tracker ETF on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,821 for a total return of roughly 58.21%. All prices are adjusted for splits and dividends.


MCRO (IQ Hedge Macro Tracker ETF)
Benchmark (S&P 500)

MCROReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-0.05%-2.17%
1M0.74%0.62%
6M-2.85%6.95%
1Y-3.09%22.39%
5Y3.90%17.37%
10Y3.53%14.90%

MCROMonthly Returns Heatmap


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MCROSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current IQ Hedge Macro Tracker ETF Sharpe ratio is -0.48. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


MCRO (IQ Hedge Macro Tracker ETF)
Benchmark (S&P 500)

MCRODividends

IQ Hedge Macro Tracker ETF granted a 0.00% dividend yield in the last twelve months, as of Jan 15, 2022. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.00$0.00$0.71$0.36$0.28$0.00$0.00$0.27$0.34$0.16$0.48$0.27$0.15

Dividend yield

0.00%0.00%2.52%1.39%1.16%0.00%0.00%1.15%1.41%0.64%2.07%1.53%0.81%

MCRODrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


MCRO (IQ Hedge Macro Tracker ETF)
Benchmark (S&P 500)

MCROWorst Drawdowns

The table below shows the maximum drawdowns of the IQ Hedge Macro Tracker ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the IQ Hedge Macro Tracker ETF is 14.25%, recorded on Mar 18, 2020. It took 75 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.25%Jan 14, 202045Mar 18, 202075Jul 6, 2020120
-10.79%Jul 2, 2014394Feb 8, 2016373Jan 2, 2018767
-9.45%May 2, 2011107Oct 4, 201165Jan 12, 2012172
-7.98%Jan 31, 2018114Dec 24, 2018251Dec 23, 2019365
-7.55%Jan 3, 2013119Jun 24, 201387Oct 25, 2013206
-6.08%Jan 12, 201081May 20, 201051Aug 9, 2010132
-6.06%Feb 16, 2021215Dec 20, 2021
-4.91%Feb 29, 201260May 23, 2012109Oct 26, 2012169
-3.84%Nov 8, 201066Feb 10, 201136Apr 4, 2011102
-3.31%Oct 30, 201365Feb 3, 201445Apr 9, 2014110

MCROVolatility Chart

Current IQ Hedge Macro Tracker ETF volatility is 7.00%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


MCRO (IQ Hedge Macro Tracker ETF)
Benchmark (S&P 500)

Portfolios with IQ Hedge Macro Tracker ETF


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