NYLI Hedge Multi-Strategy Tracker ETF

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Robinhood gives you the tools you need to put your money in motion. You can buy or sell QAI and other ETFs, options, and stocks.

About QAI

QAI tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs. 

Index-Tracked
Russell 3000 TR USD
Index-TrackedRussell 3000 TR USD
Category
Multistrategy
CategoryMultistrategy
Number of holdings
128
Number of holdings128
Inception Date
Mar 25, 2009
Inception DateMar 25, 2009

QAI Key Statistics

AUM
1.01B
AUM1.01B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.08
30-Day yield3.08
Average volume
45.85K
Average volume45.85K
High today
$36.09
High today$36.09
Low today
$35.94
Low today$35.94
Open price
$36.04
Open price$36.04
Volume
28.16K
Volume28.16K
52 Week high
$36.89
52 Week high$36.89
52 Week low
$32.35
52 Week low$32.35
Expense ratio
1.10
Expense ratio1.10

Stock Snapshot

The current NYLI Hedge Multi-Strategy Tracker ETF(QAI) stock price is $35.98, with a market capitalization of 1.01B. It offers a dividend yield of 0.00%.

As of 2026-07-25, NYLI Hedge Multi-Strategy Tracker ETF(QAI) stock has fluctuated between $35.94 and $36.09. The current price stands at $35.98, placing the stock +0.1% above today's low and -0.3% off the high.

The NYLI Hedge Multi-Strategy Tracker ETF(QAI)'s current trading volume is 28.16K, compared to an average daily volume of 45.85K.

During the past year, NYLI Hedge Multi-Strategy Tracker ETF(QAI) stock moved between $32.35 at its lowest and $36.89 at its peak.

During the past year, NYLI Hedge Multi-Strategy Tracker ETF(QAI) stock moved between $32.35 at its lowest and $36.89 at its peak.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.