CLRG — IQ Chaikin U.S. Large Cap ETF

CLRG Fund Overview

CLRG — IQ Chaikin U.S. Large Cap ETF is a US ETF managed by New York Life Investments ETF Trust, categorised as Developed ex-US Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: New York Life Investments ETF Trust
• Category: Developed ex-US Real Estate
• Assets under management: $216.04M
• 1-year return: 2.7%
• Ticker: CLRG
• SEC CIK: 0001415995
• SEC series ID: S000057680
• Share class ID: C000184743

CLRG Investment Objective and Strategy

IQ Chaikin U.S. Large Cap ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by New York Life Investments ETF Trust.

Investment objective

The Fund seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the Nasdaq Chaikin Power US Large Cap Index (the Underlying Index).

Principal investment strategy

The Fund employs a passive management or indexing investment approach designed to track the performance of the Underlying Index, which has been developed by Nasdaq, Inc. (the Index Provider). The Underlying Index applies the Chaikin Power Gauge , a quantitative multi-factor model that seeks to identify securities that are expected to outperform peers, to select securities from the Nasdaq US 300 Index (the Parent Index). The Parent Index is a modified capitalization-weighted index of U.S. large-capitalization securities. The Underlying Index is an equally weighted index of large-capitalization securities. As of June 30, 2018, the market capitalization range of the Underlying Index was approximately $13.5 billion to $460.5 billion. The Underlying Index uses the Chaikin Power Gauge to select securities from the Parent Index.

The Chaikin Power Gauge is a multi-factor model that evaluates four primary components: Value component (35% of rating), which uses factors such as long term debt to equity ratio, price to book ratio, and free cash flow to identify companies that are priced at a discount relative to peers; Growth component (20% of rating), which uses factors such as earnings growth, earnings trend, and earnings consistency to identify companies with higher growth potential; Technical component (15% of rating), which uses factors such as price trend, price trend rate of change, and volume trend to identify stocks with strong momentum and price appreciation; and Sentiment component (30% of rating), which uses factors such as earnings estimate trend, short interest, and industry relative strength to identify companies that are expected to outperform peers by informed Wall Street analysts and professionals.

The Chaikin Power Gauge seeks to identify each securitys current potential to outperform or underperform compared with peers. To be selected for inclusion in the Underlying Index, a security must have a Chaikin Power Gauge ranking in the top 14% of the Parent Index, or a Chaikin Power Gauge ranking in the top 28% of the Parent Index and a price to book value ranking in the lowest quintile of the Parent Index. The security types eligible for inclusion in the Underlying Index include common stocks and real estate investment trusts (REITs). The Underlying Index rebalances and reconstitutes annually and typically consists of 45 to 65 securities. As of June 30, 2018, the primary sectors within the Underlying Index are information technology and financials. The composition of the Underlying Index may change over time.

The Fund generally will invest in all of the securities that comprise its Underlying Index in proportion to their weightings in the Underlying Index. The Fund has adopted a policy to invest, under normal circumstances, at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of large-capitalization U.S. issuers. As of June 30, 2018, a significant portion of the Underlying Index is represented by securities of companies in the financial sector and information technology sector.

CLRG Performance

Total returns for CLRG (as of 2026-10-01), from SEC filings.

CLRG Risk Information

Risk metrics for CLRG, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 13.1%

CLRG Costs and Fees

CLRG costs about $25 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.25%
• Gross expense ratio: 0.26%
• Portfolio turnover: 51%
• Brokerage commissions: 2.09 bps of average net assets (SEC N-CEN)

CLRG Cashflows

Over the 12 months to 2023-10, IQ Chaikin U.S. Large Cap ETF had net inflows of $67.26M, from monthly SEC N-PORT filings.

CLRG Debt Constituents

No individual debt constituents are reported in IQ Chaikin U.S. Large Cap ETF's latest SEC N-PORT filing.

CLRG Prospectus and SEC Filings

Official IQ Chaikin U.S. Large Cap ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-08-28
• Prospectus (485BPOS) — filed 2022-08-29
• Prospectus (485BPOS) — filed 2021-08-30
• Portfolio holdings (N-PORT) — filed 2023-12-20
• Portfolio holdings (N-PORT) — filed 2023-09-27
• Portfolio holdings (N-PORT) — filed 2023-06-22
• Annual census (N-CEN) — filed 2023-07-11
• Annual census (N-CEN) — filed 2022-07-13

Related Funds

Other Developed ex-US Real Estate funds tracked on ABC INVEST:

• Vanguard Global Ex-U.s. Real Estate Index Fund (VGRLX)
• Xtrackers International Real Estate ETF (HAUZ)
• Fidelity International Real Estate Fund (FIRAX)
• SPDR® Dow Jones International Real Estate ETF (RWX)
• Third Avenue International Real Estate Value Fund (REIZX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.