IQ Hedge Market Neutral Tracker ETF (QMN)
QMN is a passive ETF by New York Life tracking the investment results of the IQ Hedge Market Neutral Index. QMN launched on Oct 4, 2012 and has a 0.66% expense ratio.
ETF Info
- ISINUS45409B5030
- CUSIP45409B503
- IssuerNew York Life
- Inception DateOct 4, 2012
- RegionDeveloped Markets (Broad)
- CategoryLong-Short
- Expense Ratio0.66%
- Index TrackedIQ Hedge Market Neutral Index
- Asset ClassAlternatives
Trading Data
- Previous Close$25.32
- Year Range$25.30 - $27.48
- EMA (50)$25.85
- EMA (200)$26.56
- Average Volume$2.00K
QMNShare Price Chart
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QMNPerformance
The chart shows the growth of $10,000 invested in IQ Hedge Market Neutral Tracker ETF on Oct 5, 2012 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,900 for a total return of roughly 9.00%. All prices are adjusted for splits and dividends.
QMNReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | -2.43% | -12.57% |
| YTD | -6.26% | -18.14% |
| 6M | -6.43% | -17.07% |
| 1Y | -7.05% | -5.21% |
| 5Y | 0.76% | 10.19% |
| 10Y | 1.00% | 11.53% |
QMNMonthly Returns Heatmap
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QMNDividend History
IQ Hedge Market Neutral Tracker ETF granted a 0.00% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.57 | $0.44 | $0.00 | $0.00 | $0.35 | $0.00 | $0.34 | $0.22 | $0.06 |
Dividend yield | 0.00% | 0.00% | 2.09% | 1.67% | 0.00% | 0.00% | 1.44% | 0.00% | 1.41% | 0.91% | 0.27% |
QMNDrawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
QMNWorst Drawdowns
The table below shows the maximum drawdowns of the IQ Hedge Market Neutral 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 Market Neutral Tracker ETF is 11.07%, recorded on Mar 19, 2020. It took 96 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.07% | Jan 21, 2020 | 42 | Mar 19, 2020 | 96 | Aug 5, 2020 | 138 |
| -8.81% | Dec 30, 2020 | 350 | May 19, 2022 | — | — | — |
| -4.43% | May 9, 2013 | 32 | Jun 24, 2013 | 126 | Jan 10, 2014 | 158 |
| -4.05% | Aug 28, 2014 | 271 | Dec 22, 2015 | 125 | Jul 11, 2016 | 396 |
| -3.88% | Jan 29, 2018 | 193 | Dec 24, 2018 | 58 | Mar 20, 2019 | 251 |
| -2.7% | Jul 12, 2016 | 83 | Dec 1, 2016 | 184 | Sep 29, 2017 | 267 |
| -2.15% | Jul 2, 2014 | 23 | Aug 7, 2014 | 11 | Aug 27, 2014 | 34 |
| -1.53% | Mar 5, 2014 | 22 | Apr 15, 2014 | 29 | May 28, 2014 | 51 |
| -1.38% | Oct 13, 2020 | 14 | Oct 30, 2020 | 4 | Nov 5, 2020 | 18 |
| -1.28% | Sep 3, 2020 | 16 | Sep 25, 2020 | 11 | Oct 12, 2020 | 27 |
QMNVolatility Chart
Current IQ Hedge Market Neutral Tracker ETF volatility is 2.69%. 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.
Portfolios with IQ Hedge Market Neutral Tracker ETF
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