Description: The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Global Resources Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in markets exhibiting trending or momentum characteristics across commodity asset classes, represented by companies that operate in commodity-specific market segments and whose equity securities trade in developed markets, including the U.S.
Home Page: www.nylinvestments.com/IQetfs/etfs/IQ-Merger-Arbitrage-ETF
GRES Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Natural Resources
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 50.17 | 0.00 | 50.17 |
| Stock non-US | 49.66 | 0.00 | 49.66 |
| Cash | 1.78 | 1.61 | 0.17 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Basic Materials | 39.45 | 47.16 |
| Energy | 29.14 | 24.21 |
| Consumer Defensive | 24.80 | 4.03 |
| Industrials | 4.50 | 11.06 |
| Utilities | 1.46 | 3.27 |
| Consumer Cyclicals | 0.65 | 3.45 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 59.39 | 67.25 |
| Europe Developed | 12.54 | 8.66 |
| United Kingdom | 10.33 | 8.23 |
| Australasia | 8.48 | 4.48 |
| Asia Emerging | 3.62 | 3.52 |
| Japan | 3.24 | 1.69 |
| Asia Developed | 1.19 | 1.28 |
| Latin America | 0.95 | 3.12 |
| Africa/Middle East | 0.16 | 1.33 |
| Europe Emerging | 0.10 | 0.37 |