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 February 4, 2026, QAI stock price declined to $34.33 with 182,497 million shares trading.

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

QAI has a beta of 0.34, meaning it tends to be less sensitive to market movements. QAI has a correlation of 0.79 to the broad based SPY ETF.

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

QAI has a market cap of $779.29 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 $34.71 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 price return of +9.3% while the SPY ETF gained +16.0%. However, in the short term, QAI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +2.8% vs +0.7% return in SPY. But in the last 2 weeks, QAI shares have been beat by the market, returning +0.7% compared to an SPY return of +1.3%.

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

QAI support price is $34.26 and resistance is $34.65 (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.