ULTR Performance — IQ Ultra Short Duration ETF
Data updated: 2024-03-28
ULTR returned +5.44% over one year to Jan 2024. The annualised 3-year return is +2.06%. Against its Trading - Leveraged category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $106, against $104 for the category, and to $105 over one year, against $108. Volatility over the past three years was 1.25% a year. In the 12 months to Jan 2024 the fund took in a net $45.2M, and assets reached $14.45M.
ULTR Growth of $100
What $100 invested in IQ Ultra Short Duration ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | ULTR | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $105 | $108 |
| 3 years (Feb 2021 – Jan 2024) | $106 | $104 |
| Since data start (Aug 2019 – Jan 2024) | $109 | $111 |
ULTR Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.44% |
| 3 years (annualised) | +2.06% |
ULTR Annual Returns
Calendar-year total returns of IQ Ultra Short Duration ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +0.57% |
| 2023 | +5.46% |
| 2022 | +0.32% |
| 2021 | +0.18% |
| 2020 | +0.89% |
| 2019 (Aug–Dec) | +1.23% |
ULTR 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.6% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +0.6% | +0.3% | 0.0% | +0.5% | +0.3% | +0.5% | +0.6% | +0.4% | +0.3% | +0.3% | +0.9% | +0.7% |
| 2022 | −0.1% | −0.4% | −0.3% | −0.1% | −0.4% | −0.4% | +0.3% | +0.3% | −0.2% | +0.1% | +1.0% | +0.4% |
| 2021 | +0.3% | +0.2% | −0.3% | +0.1% | +0.2% | −0.1% | +0.1% | 0.0% | +0.1% | −0.1% | −0.2% | −0.1% |
| 2020 | +0.3% | +0.2% | −3.3% | +1.1% | +0.9% | +0.5% | +0.3% | +0.2% | −0.1% | +0.2% | +0.3% | +0.3% |
| 2019 | — | — | — | — | — | — | — | +0.3% | +0.2% | +0.3% | +0.1% | +0.4% |
ULTR Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 1.25%
- 3-year Sharpe ratio: -1.96 (vs 4.5% risk-free rate)
- Best month: +1.03% (Nov 2022)
- Worst month: −0.40% (Jun 2022)
ULTR Fund Flows
Monthly money in and out of IQ Ultra Short Duration ETF, from SEC Form N-PORT.
- 12-month net flow: $45.2M
- 12-month gross sales (incl. reinvestments): $5K
- Sales ÷ redemptions: -0.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $239 | −$2.4M | $2.4M |
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $238 | −$2.4M | $2.4M |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $238 | −$2.4M | $2.4M |
| Jul 2023 | $238 | −$2.4M | $2.4M |
| Jun 2023 | $2K | −$21.4M | $21.4M |
| May 2023 | $950 | −$9.5M | $9.5M |
| Apr 2023 | $237 | −$2.4M | $2.4M |
| Mar 2023 | $238 | −$2.4M | $2.4M |
| Feb 2023 | $0 | $0 | $0 |
ULTR Assets Under Management
Net assets of IQ Ultra Short Duration ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $14.45M |
| 2023-10-31 | $16.70M |
| 2023-07-31 | $21.51M |
| 2023-04-28 | $54.85M |
| 2023-01-31 | $59.76M |
| 2022-10-31 | $70.94M |
| 2022-07-29 | $116.46M |
| 2022-04-29 | $124.82M |
| 2022-01-31 | $128.58M |
| 2021-10-29 | $234.70M |
| 2021-07-30 | $260.12M |
| 2021-04-30 | $253.01M |
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.