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Trending ETFs

IQ Real Return ETF

ETF
CPI
Payout Change
Pending
Price as of:
$25.6047 +-0.0 +-0.02%
primary theme
N/A
CPI (ETF)

IQ Real Return ETF

Payout Change
Pending
Price as of:
$25.6047 +-0.0 +-0.02%
primary theme
N/A
CPI (ETF)

IQ Real Return ETF

Payout Change
Pending
Price as of:
$25.6047 +-0.0 +-0.02%
primary theme
N/A

Name

As of 12/12/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

IQ Real Return ETF

CPI | ETF

$25.60

$6.28 M

3.40%

$0.87

0.35%

Vitals

YTD Return

6.0%

1 yr return

4.1%

3 Yr Avg Return

-0.2%

5 Yr Avg Return

0.7%

Net Assets

$6.28 M

Holdings in Top 10

29.5%

52 WEEK LOW AND HIGH

$25.6
$24.49
$25.80

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 12/12/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

IQ Real Return ETF

CPI | ETF

$25.60

$6.28 M

3.40%

$0.87

0.35%

CPI - Profile

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return -0.2%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.56%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    IQ Real Return ETF
  • Fund Family Name
    IndexIQ
  • Inception Date
    Oct 27, 2009
  • Shares Outstanding
    950000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Greg Barrato

Fund Description

The Fund employs a “passive management” — or indexing — investment approach designed to track the performance of the Bloomberg IQ Multi-Asset Inflation Index (the “Underlying Index”), which has been developed by Bloomberg Index Services Limited (the “Index Provider”). The Underlying Index seeks to provide investors with a hedge against the inflation rate by providing diversified exposure to assets expected to benefit directly or indirectly from increases in the prices of goods and services (e.g., inflation) that have exhibited positive correlation to the Consumer Price Index (“CPI”) over long-term historical periods. CPI, which is published by the Bureau of Labor Statistics, is a measure of the average change in prices over time of goods and services purchased by households.
The Fund principally invests in securities included in the Underlying Index, which is comprised of U.S. Treasury Inflation-Protected Securities (“TIPS”) of short-, intermediate-, and long-term, U.S. large capitalization equity securities and commodities, which may include direct exposure to commodities or exposure through ETFs and/or other exchange-traded vehicles or other instruments. The Underlying Index typically consists of 500 to 600 component securities.
The Underlying Index construction process is based on the premise that capital market returns tend to be forward looking and anticipate economic developments, including inflation expectations. Since the Underlying Index’s objective is to provide diversified exposure to assets expected to benefit directly or indirectly from inflation, the index construction process rebalances the weights of the Underlying Index components on a monthly basis. Upon rebalancing, the exposures of the Underlying Index consist of:
60% short-, intermediate-, and long-term TIPS with a bias toward shorter duration TIPS, which are weighted based on market value;
30% U.S. large-capitalization equity securities, which are weighted based on a modified market capitalization methodology to provide overweight exposure to securities in sectors expected to benefit from inflation; and
10% commodities, typically through investments in ETFs and/or other exchange-traded vehicles which are weighted in a fixed allocation.
To the extent that the Fund’s Underlying Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investment to approximately the same extent as its Underlying Index. The Fund also may invest in one or more ETFs advised by the Advisor (“Affiliated ETFs”) that are not components of the index if such an investment will help the Fund track the Underlying Index.
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CPI - Performance

Return Ranking - Trailing

Period CPI Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -7.9% 6.4% 0.97%
1 Yr 4.1% -14.5% 4.8% 0.97%
3 Yr -0.2%* -15.1% 6.2% 37.00%
5 Yr 0.7%* -5.2% 4.3% 97.96%
10 Yr 1.0%* -1.8% 2.6% 86.36%

* Annualized

Return Ranking - Calendar

Period CPI Return Category Return Low Category Return High Rank in Category (%)
2023 -10.5% -52.3% -4.0% 18.63%
2022 0.9% -7.9% 7.7% 40.50%
2021 -2.1% -29.4% 23.0% 97.97%
2020 4.8% 0.8% 16.7% 70.41%
2019 -3.0% -11.1% -0.5% 20.32%

Total Return Ranking - Trailing

Period CPI Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -7.9% 6.4% 0.97%
1 Yr 4.1% -14.5% 4.8% 0.97%
3 Yr -0.2%* -15.1% 6.2% 37.00%
5 Yr 0.7%* -5.2% 4.3% 97.96%
10 Yr 1.0%* -1.8% 2.6% 86.36%

* Annualized

Total Return Ranking - Calendar

Period CPI Return Category Return Low Category Return High Rank in Category (%)
2023 -7.6% -40.1% 9.2% 28.92%
2022 1.3% -2.7% 37.6% 98.50%
2021 -1.2% -1.2% 27.5% 100.00%
2020 7.1% 2.8% 19.3% 53.06%
2019 -1.7% -8.3% 0.6% 54.55%

CPI - Holdings

Concentration Analysis

CPI Category Low Category High CPI % Rank
Net Assets 6.28 M 938 K 52.4 B 99.52%
Number of Holdings 552 2 1535 10.53%
Net Assets in Top 10 1.91 M 909 K 26.8 B 99.52%
Weighting of Top 10 29.48% 9.2% 100.1% 88.94%

Top 10 Holdings

  1. iShares GSCI Commodity Dynamic 6.42%
  2. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 4.24%
  3. United States Treasury Inflation Indexed Bonds 2.48%
  4. United States Treasury Inflation Indexed Bonds 2.47%
  5. United States Treasury Inflation Indexed Bonds 2.46%
  6. United States Treasury Inflation Indexed Bonds 2.39%
  7. United States Treasury Inflation Indexed Bonds 2.30%
  8. United States Treasury Inflation Indexed Bonds 2.28%
  9. United States Treasury Inflation Indexed Bonds 2.24%
  10. United States Treasury Inflation Indexed Bonds 2.20%

Asset Allocation

Weighting Return Low Return High CPI % Rank
Bonds
56.47% 0.00% 188.34% 94.74%
Stocks
41.41% 0.00% 100.08% 2.39%
Cash
2.84% -42.00% 30.48% 20.57%
Convertible Bonds
0.06% 0.00% 3.96% 37.80%
Preferred Stocks
0.00% 0.00% 0.07% 57.89%
Other
0.00% -55.66% 61.13% 85.65%

Stock Sector Breakdown

Weighting Return Low Return High CPI % Rank
Technology
20.18% 0.00% 48.29% 28.57%
Financial Services
17.99% 0.00% 100.00% 14.29%
Industrials
11.16% 0.00% 11.16% 7.14%
Healthcare
11.13% 0.00% 11.13% 7.14%
Consumer Cyclical
8.29% 0.00% 16.99% 28.57%
Communication Services
7.40% 0.00% 17.02% 28.57%
Energy
7.25% 0.00% 10.65% 42.86%
Consumer Defense
5.34% 0.00% 31.30% 64.29%
Utilities
4.33% 0.00% 4.33% 7.14%
Real Estate
4.10% 0.00% 99.95% 71.43%
Basic Materials
2.83% 0.00% 22.13% 42.86%

Stock Geographic Breakdown

Weighting Return Low Return High CPI % Rank
US
41.41% 0.00% 100.08% 2.39%
Non US
0.00% 0.00% 2.04% 54.55%

Bond Sector Breakdown

Weighting Return Low Return High CPI % Rank
Government
85.77% 6.70% 112.97% 56.94%
Cash & Equivalents
2.84% 0.00% 13.33% 21.05%
Corporate
0.24% 0.00% 50.64% 65.55%
Derivative
0.00% -27.67% 18.43% 77.03%
Securitized
0.00% 0.00% 58.03% 87.08%
Municipal
0.00% 0.00% 1.28% 67.94%

Bond Geographic Breakdown

Weighting Return Low Return High CPI % Rank
US
56.47% 0.00% 163.90% 94.26%
Non US
0.00% 0.00% 54.30% 73.68%

CPI - Expenses

Operational Fees

CPI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.03% 2.01% 78.26%
Management Fee 0.29% 0.00% 0.99% 51.67%
12b-1 Fee 0.00% 0.00% 1.00% 9.47%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

CPI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

CPI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CPI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 246.00% 27.39%

CPI - Distributions

Dividend Yield Analysis

CPI Category Low Category High CPI % Rank
Dividend Yield 3.40% 0.00% 10.19% 19.14%

Dividend Distribution Analysis

CPI Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Quarterly

Net Income Ratio Analysis

CPI Category Low Category High CPI % Rank
Net Income Ratio 0.56% -0.06% 6.71% 98.54%

Capital Gain Distribution Analysis

CPI Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CPI - Fund Manager Analysis

Managers

Greg Barrato


Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

Mr. Barrato has managed the MainStay VP IQ Hedge Multi-Strategy Portfolio since inception. Mr. Barrato joined IndexIQ Advisors LLC as a Vice President in November 2010 and has been a Senior Vice President of the IndexIQ Advisors LLC since August 2013. Prior to joining IndexIQ Advisors LLC, Mr. Barrato served as Head Global Equity Trader and Trader at Lucerne Capital Management, LLC from 2008 to 2010 and as Assistant Trader and Operations Manager at ReachCapital Management, LP from 2004 to 2008. Mr. Barrato is a 2002 graduate of the University of Connecticut.

James Harrison


Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

James Harrison has been a member of the portfolio management team of IndexIQ Advisors LLC since 2015. Prior to joining IndexIQ, Mr. Harrison served as trading assistant, operations specialist and sales assistant at Cuttone & Company from 2010 to 2015. Mr. Harrison is a graduate of St. Lawrence University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 20.51 6.61 11.1