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Trending ETFs

IQ Candriam ESG International Equity ETF

ETF
IQSI
Payout Change
Pending
Price as of:
$29.7701 +0.04 +0.14%
primary theme
International Large-Cap Blend Equity
IQSI (ETF)

IQ Candriam ESG International Equity ETF

Payout Change
Pending
Price as of:
$29.7701 +0.04 +0.14%
primary theme
International Large-Cap Blend Equity
IQSI (ETF)

IQ Candriam ESG International Equity ETF

Payout Change
Pending
Price as of:
$29.7701 +0.04 +0.14%
primary theme
International Large-Cap Blend Equity

Name

As of 03/26/2024

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

$29.77

$185 M

1.84%

$0.55

0.16%

Vitals

YTD Return

6.9%

1 yr return

18.7%

3 Yr Avg Return

4.3%

5 Yr Avg Return

N/A

Net Assets

$185 M

Holdings in Top 10

20.2%

52 WEEK LOW AND HIGH

$29.7
$24.56
$30.04

Expenses

OPERATING FEES

Expense Ratio 0.16%

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 03/26/2024

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

$29.77

$185 M

1.84%

$0.55

0.16%

IQSI - Profile

Distributions

  • YTD Total Return 6.9%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.41%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    IQ Candriam ESG International Equity ETF
  • Fund Family Name
    IndexIQ
  • Inception Date
    Dec 17, 2019
  • Shares Outstanding
    7800000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Harrison

Fund Description

The Fund employs a “passive management” — or indexing — investment approach designed to track the performance of the Underlying Index, which was developed by IndexIQ LLC (“IndexIQ”) with Candriam (“Candriam”) acting as index consultant to IndexIQ. The Underlying Index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market-capitalization weighting methodology. As of June 30, 2023, the market capitalization range of the Underlying Index was approximately $1.76 billion to $362 billion. As of June 30, 2023, the primary sectors within the Underlying Index were financials, health care, and industrials.
The first step in the ESG security selection process scores companies on stakeholder criteria and an Issuer’s exposure to global sustainability trends. Companies are scored relative to other companies within the same industry. The stakeholder criteria are:
Treatment of customers, including advertising practices, after sales service and support, and anti-competitive behaviors.
Treatment of employees, including working conditions, employee retention, gender equality, training and career opportunities.
Environmental initiatives and compliance with new environmental legislation.
Supplier standards and oversight, including supplier adherence to fair labor standards.
Corporate governance, including quality of governance and ethics, adherence to accounting standards and anti-bribery efforts.
Societal impact and how the company is viewed by populations in the area where the company operates.
The global sustainability trends Include:
Climate Change: Activities related to the production of renewable energy and decarbonizing business activities.
Resources and Waste: Activities related to the efficient utilization of resources, recycling, and mitigating the impact on ecosystems.
Digitalization and Innovation: Activities that drive higher industrial and resource efficiencies and protecting data privacy and the resilience of digital networks.
Health and Wellness: Activities related to providing healthy products and services, improving air quality, and investing in human capital through job creation, gender equality and decent working conditions.
Demographic Shifts: Activities related to providing products and services to aging populations in developed countries and supporting population growth in emerging countries through investment in infrastructure and the food supply chain.
This sector-specific analysis evaluates companies within the same sector each other, using criteria specific to the particular sector. Except for the excluded activities described below, the ESG security selection process seeks to maintain exposure to all industry sectors of the economy (e.g., financials, industrials, consumer discretionary, consumer staples, materials, health care, energy, utilities and information technology). The ESG selection process analyzes securities comprising approximately 85% of the market capitalization of equity securities domiciled in the following 23 international developed market country indexes: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. The companies with an overall ranking in the top 70% of the eligible universe within each industry sector based on this ESG selection process are included in the Underlying Index, unless a company is excluded as a result of the second step in the ESG security selection process.
The second step in the ESG security selection process is an exclusionary screen based on any continued and significant non-compliance with the Principles of the United Nation’s Global Compact, which address human rights, labor, environmental, and anti-corruption matters, as well as the exclusion of companies engaged in certain businesses beyond minimum thresholds (e.g., companies that operate in countries with oppressive regimes, that operate in adult content, alcohol, armament, gambling, nuclear, and tobacco sectors, or that utilize animal testing or genetic modification in research and development). As a result of this second step, the companies selected for inclusion in the Underlying Index represent less than 70% of the eligible universe. As of June 30, 2023, the Underlying Index consisted of 609 component securities.
The Underlying Index is reconstituted and rebalanced quarterly.
The Underlying Index may include as a component one or more ETFs advised by the Advisor (“Affiliated ETFs”) and the Fund will typically invest in any Affiliated ETF included in the Underlying Index. The Fund also may invest in 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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IQSI - Performance

Return Ranking - Trailing

Period IQSI Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -1.4% 32.0% 16.42%
1 Yr 18.7% 0.7% 28.0% 26.95%
3 Yr 4.3%* -13.5% 48.7% 19.39%
5 Yr N/A* -33.8% 76.8% 71.38%
10 Yr N/A* -0.1% 16.8% 83.67%

* Annualized

Return Ranking - Calendar

Period IQSI Return Category Return Low Category Return High Rank in Category (%)
2023 12.7% -7.3% 22.0% 55.31%
2022 -17.3% -43.6% 71.3% 37.18%
2021 9.6% -28.5% 18.9% 11.33%
2020 8.3% -90.1% 992.1% 47.01%
2019 N/A -2.2% 38.8% N/A

Total Return Ranking - Trailing

Period IQSI Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -1.4% 32.0% 16.42%
1 Yr 18.7% 0.7% 28.0% 26.95%
3 Yr 4.3%* -13.5% 48.7% 19.39%
5 Yr N/A* -33.8% 76.8% N/A
10 Yr N/A* -0.1% 16.8% N/A

* Annualized

Total Return Ranking - Calendar

Period IQSI Return Category Return Low Category Return High Rank in Category (%)
2023 16.2% 3.2% 41.4% 50.74%
2022 -14.8% -43.6% 144.8% 34.18%
2021 12.7% -22.6% 56.0% 17.46%
2020 10.4% -89.7% 1010.8% 46.38%
2019 N/A 4.3% 38.8% N/A

IQSI - Holdings

Concentration Analysis

IQSI Category Low Category High IQSI % Rank
Net Assets 185 M 1.97 M 366 B 76.49%
Number of Holdings 629 1 10801 20.12%
Net Assets in Top 10 35.8 M 0 36.8 B 80.90%
Weighting of Top 10 20.20% 2.5% 111.6% 60.44%

Top 10 Holdings

  1. Novo Nordisk A/S 2.89%
  2. Nestle SA 2.73%
  3. ASML Holding NV 2.24%
  4. Shell PLC 2.05%
  5. Toyota Motor Corp 1.85%
  6. AstraZeneca PLC 1.77%
  7. LVMH Moet Hennessy Louis Vuitton SE 1.76%
  8. Novartis AG 1.74%
  9. Roche Holding AG 1.72%
  10. TotalEnergies SE 1.45%

Asset Allocation

Weighting Return Low Return High IQSI % Rank
Stocks
99.11% 0.00% 122.60% 16.33%
Cash
0.60% -22.43% 100.00% 79.59%
Preferred Stocks
0.29% -0.01% 7.60% 40.96%
Other
0.00% -2.97% 43.01% 63.27%
Convertible Bonds
0.00% 0.00% 4.18% 48.10%
Bonds
0.00% -0.68% 71.30% 52.33%

Stock Sector Breakdown

Weighting Return Low Return High IQSI % Rank
Financial Services
16.77% 0.00% 47.75% 65.82%
Healthcare
15.67% 0.00% 21.01% 10.75%
Industrials
14.99% 5.17% 99.49% 46.72%
Consumer Cyclical
9.93% 0.00% 36.36% 62.09%
Technology
9.51% 0.00% 36.32% 67.76%
Consumer Defense
8.08% 0.00% 32.29% 73.28%
Basic Materials
7.33% 0.00% 23.86% 67.61%
Energy
6.22% 0.00% 16.89% 20.00%
Communication Services
5.91% 0.00% 21.69% 51.34%
Real Estate
2.92% 0.00% 14.59% 23.73%
Utilities
2.68% 0.00% 13.68% 51.19%

Stock Geographic Breakdown

Weighting Return Low Return High IQSI % Rank
Non US
97.97% 0.00% 121.07% 8.75%
US
1.14% 0.00% 103.55% 80.03%

IQSI - Expenses

Operational Fees

IQSI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.16% 0.01% 18.22% 93.28%
Management Fee 0.15% 0.00% 1.65% 11.53%
12b-1 Fee 0.00% 0.00% 1.00% 7.99%
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

IQSI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

IQSI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

IQSI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 247.00% 1.74%

IQSI - Distributions

Dividend Yield Analysis

IQSI Category Low Category High IQSI % Rank
Dividend Yield 1.84% 0.00% 24.61% 32.22%

Dividend Distribution Analysis

IQSI Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

IQSI Category Low Category High IQSI % Rank
Net Income Ratio 2.41% -0.93% 6.38% 20.30%

Capital Gain Distribution Analysis

IQSI Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Annually

Distributions History

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IQSI - Fund Manager Analysis

Managers

James Harrison


Start Date

Tenure

Tenure Rank

Dec 17, 2019

2.45

2.5%

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.

Greg Barrato


Start Date

Tenure

Tenure Rank

Dec 17, 2019

2.45

2.5%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.22 3.25