QAI Stock Summary and Trading Ideas (Nyli Hedge Multi-Strategy Tracker ETF | ARCA:QAI)

The NYLI Hedge Multi-Strategy Tracker ETF seeks to track before fees and expenses the performance of the NYLI Hedge Multi-Strategy Index. The Index attempts to replicate the risk-adjusted return characteristics of hedge funds using various hedge fund investment styles including long/short equity global macro market neutral event-driven fixed income arbitrage and emerging markets. The Underlying Index consists of a number of components ("Underlying Index Components") selected in accordance with IndexIQ's rules-based methodology of such Underlying Index. Such Underlying Index Components will include primarily ETFs and/or other exchange-traded vehicles issuing equity securities organized in the U.S., such as exchange-traded commodity pools ("ETVs"), and may include exchange-traded notes ("ETNs") (such ETFs, ETVs and ETNs are referred to collectively as "exchange-traded products" or "ETPs").

What symbol and exchange does Nyli Hedge Multi-Strategy Tracker ETF shares trade?

Nyli Hedge Multi-Strategy Tracker ETF trades on the ARCA stock market under the symbol QAI.

What is Nyli Hedge Multi-Strategy Tracker ETF stock price doing today?

As of March 9, 2026, QAI stock price climbed to $34.39 with 71,065 million shares trading.

What is Nyli Hedge Multi-Strategy Tracker ETF's Beta?

QAI has a beta of 0.35, meaning it tends to be less sensitive to market movements. QAI has a correlation of 0.76 to the broad based SPY ETF.

How much is Nyli Hedge Multi-Strategy Tracker ETF worth?

QAI has a market cap of $766.81 million. This is considered a Small Cap stock.

What is the highest and lowest price Nyli Hedge Multi-Strategy Tracker ETF traded in the last 3 year period?

In the last 3 years, QAI traded as high as $35.02 and as low as $28.56.

Is Nyli Hedge Multi-Strategy Tracker ETF (QAI) a good investment?

QAI has underperformed the market in the last year with a return of +10.8%, while SPY returned +19.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in QAI shares. However, QAI has outperformed the market in the last 3 month and 2 week periods, returning +3.0% and -1.4%, while SPY returned -0.8% and -1.6%, respectively. This indicates QAI has been having a stronger performance recently.

What are the support and resistance levels for Nyli Hedge Multi-Strategy Tracker ETF (QAI)?

QAI support price is $34.01 and resistance is $34.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QAI shares will trade within this expected range on the day.