IQ Healthy Hearts ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$29.63
- Net Assets:$0 Million
- NAV:$29.74
- Premium-0.37%
- Peer Rank:6 of 48
- Investment Rating:B
- Performance:C+
- RiskB
We rate IQ Healthy Hearts at B. Positive factors that influence this rating include a greater than above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking a Sector - Health/Biotechnology strategy.
Total return ranks above peers over the last three years. The IQ Healthy Hearts has returned an annual rate of 6.90% since inception. More recently, the fund has generated a total return of 7.42% in the last three years, 13.95% in the last year, and 5.36% in the last six months. How does that compare to other equity funds? In the last three years, it has outperformed 72% of them. It has also outpaced 63% of its competitors on a one year basis for the period ending 2/29/2024. On a year to date basis, HART has returned 2.99%.
Downside risk has been below average. HART has a draw down risk of -17.97%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 14.3%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As HART is an exchange traded fund, it has no front end or back end load.
The IQ Healthy Hearts is managed by Greg Barrato at IndexIQ Advisors LLC. This fund is one of 16 IndexIQ Advisors LLC exchange-traded funds launched since 3/24/2009 that we track.