Indexiq Etf Profile
IndexIQ is selling for 33.76 as of the 21st of November 2024. This is a 0.06% increase since the beginning of the trading day. The etf's lowest day price was 33.69. Equity ratings for IndexIQ are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
IndexIQ Etf Highlights
| Old Name | IQ Chaikin U.S. Small Cap ETF |
| Business Concentration | Small Value, IndexIQ (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (3.4) |
| Name | IQ Chaikin U.S. Small Cap ETF |
| Currency Code | USD |
| In Threey Volatility | 20.28 |
| 1y Volatility | 20.89 |
| 200 Day M A | 33.6377 |
| 50 Day M A | 35.9309 |
| Code | CSML |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.16 |
| Type | ETF |
IndexIQ [CSML] is traded in USA and was established 2017-05-16. The fund is listed under Small Value category and is part of IndexIQ family. IndexIQ currently have 204.97 M in assets under management (AUM). , while the total return for the last 3 years was 1.3%.
Check IndexIQ Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IndexIQ Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IndexIQ Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as IndexIQ Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top IndexIQ Etf Constituents
| RILY | B Riley Financial | Stock | Financials | |
| DDS | Dillards | Stock | Consumer Discretionary | |
| SYNH | Syneos Health | Stock | Health Care | |
| SEM | Select Medical Holdings | Stock | Health Care | |
| ENZ | Enzo Biochem | Stock | Health Care | |
| BLDR | Builders FirstSource | Stock | Industrials | |
| MX | MagnaChip Semiconductor | Stock | Information Technology | |
| GMS | GMS Inc | Stock | Industrials |
IndexIQ Top Holders
| MGXRX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXBX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXSX | Mainstay Equity Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXIX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGXNX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGDKX | Mainstay Growth Allocation | Mutual Fund | Allocation--70% to 85% Equity | |
| MGXAX | Mainstay Growth Allocation | Mutual Fund | Allocation--85%+ Equity | |
| MGDCX | Mainstay Moderate Growth | Mutual Fund | Allocation--70% to 85% Equity |
IndexIQ Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IndexIQ. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.9959 | |||
| Semi Deviation | 0.9874 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 |
IndexIQ Against Markets
IndexIQ Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IndexIQ etf to make a market-neutral strategy. Peer analysis of IndexIQ could also be used in its relative valuation, which is a method of valuing IndexIQ by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of IndexIQ is measured differently than its book value, which is the value of IndexIQ that is recorded on the company's balance sheet. Investors also form their own opinion of IndexIQ's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IndexIQ's market value can be influenced by many factors that don't directly affect IndexIQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IndexIQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.