IQ Hedge Multi-Strategy Tracker QAI seeks to mimic the aggregate returns of the hedge fund universe with a portfolio of exchange-traded funds selected via a systematic regression-based process. The resulting portfolio closely resembles a traditional conservative allocation portfolio and does not provide much diversification benefits. The strategy retains a Morningstar Analyst Rating of Neutral for its ETF.
Will QAI outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QAI’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the QAI management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of QAI’s parent organization’s priorities and whether they’re in line with investors’ interests.