QMN Performance — IQ Hedge Market Neutral Tracker ETF
Data updated: 2023-03-28
QMN returned −3.62% over one year to Jan 2023. The annualised 3-year return is −0.33%. The fund trailed its Commodities category average: $100 invested three years ago grew to $99, against $131 for the category, and to $96 over one year, against $105. Volatility over the past three years was 5.18% a year. In the 12 months to Jan 2023 the fund took in a net $20.2M, and assets reached $6.21M.
QMN Growth of $100
What $100 invested in IQ Hedge Market Neutral Tracker ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | QMN | Category average |
|---|---|---|
| 1 year (Feb 2022 – Jan 2023) | $96 | $105 |
| 3 years (Feb 2020 – Jan 2023) | $99 | $131 |
| Since data start (Aug 2019 – Jan 2023) | $101 | $133 |
QMN Trailing Returns
Total returns to Jan 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −3.62% |
| 3 years (annualised) | −0.33% |
QMN Annual Returns
Calendar-year total returns of IQ Hedge Market Neutral Tracker ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jan) | +1.83% |
| 2022 | −6.41% |
| 2021 | −0.76% |
| 2020 | +4.02% |
| 2019 (Aug–Dec) | +2.97% |
QMN Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +1.8% | — | — | — | — | — | — | — | — | — | — | — |
| 2022 | −1.1% | −0.8% | −1.1% | −1.6% | −0.8% | −2.5% | +2.5% | −0.8% | −2.5% | +0.8% | +1.5% | −0.3% |
| 2021 | +0.2% | 0.0% | −0.5% | +0.6% | +0.3% | 0.0% | −0.1% | +0.1% | −0.7% | −0.2% | −0.7% | +0.2% |
| 2020 | −0.7% | −1.1% | −4.6% | +2.5% | +1.7% | +0.9% | +1.5% | +0.6% | −0.5% | −0.3% | +2.8% | +1.4% |
| 2019 | — | — | — | — | — | — | — | +0.1% | +0.4% | +0.9% | +0.3% | +1.2% |
QMN Risk
Risk measures from monthly returns over Feb 2020 – Jan 2023.
- 3-year volatility (annualised): 5.18%
- 3-year Sharpe ratio: -0.93 (vs 4.5% risk-free rate)
- Best month: +2.78% (Nov 2020)
- Worst month: −4.61% (Mar 2020)
QMN Fund Flows
Monthly money in and out of IQ Hedge Market Neutral Tracker ETF, from SEC Form N-PORT.
- 12-month net flow: $20.2M
- 12-month gross sales (incl. reinvestments): $5.1M
- Sales ÷ redemptions: -0.34×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2023 | $0 | −$1.2M | $1.2M |
| Dec 2022 | $1.3M | $0 | $1.3M |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $1.2M | −$2.5M | $3.7M |
| Sep 2022 | $0 | $0 | $0 |
| Aug 2022 | $0 | $0 | $0 |
| Jul 2022 | $0 | $0 | $0 |
| Jun 2022 | $0 | −$8.7M | $8.7M |
| May 2022 | $1.3M | −$1.3M | $2.5M |
| Apr 2022 | $0 | $0 | $0 |
| Mar 2022 | $1.3M | $0 | $1.3M |
| Feb 2022 | $0 | −$1.3M | $1.3M |
QMN Assets Under Management
Net assets of IQ Hedge Market Neutral Tracker ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-01-31 | $6.21M |
| 2022-10-31 | $6.24M |
| 2022-07-29 | $7.68M |
| 2022-04-29 | $16.77M |
| 2022-01-31 | $17.35M |
| 2021-10-29 | $17.63M |
| 2021-07-30 | $17.77M |
| 2021-04-30 | $17.74M |
| 2021-01-29 | $16.36M |
| 2020-10-30 | $15.99M |
| 2020-07-31 | $20.03M |
| 2020-04-30 | $17.96M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.