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Key Stock Data
The current last sale of $26.1886 is 4.86% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 26.1886||$ 26.50|
|Low:||$ 26.1886||$ 24.9758|
The IQ Hedge Market Neutral Tracker ETF seeks to track, before fees and expenses, the performance of the IQ Hedge Market Neutral Index. Market Neutral hedge funds typically invest in both long and short positions in asset classes while minimizing exposure to systematic risk. These strategies seek to have a zero beta (or market) exposure to one or more systematic risk factors including the overall market (as represented by the SP 500 Index), economic sectors or industries, market cap, region and country. Market neutral strategies that effectively neutralize the market exposure are not impacted by directional moves in the market.
|Underlying Index||IQ Hedge Market Neutral Index|